Friday, February 27, 2009

Massive tax increase and more the whole post

Once again we are seeing that president Obama does not know what he is doing. It shows in the budget he released yesterday. Why do I say that. Let me show you the ways.
First of all, there is a tax increase of $ 1 trillion on 2% of taxpayers which he calls the wealthy. If you think that it is possible to increase taxes that much on that small a percentage of taxpayers, then I have desert property in Minnesota to sell you. There are tax increases coming on all of us to pay for his irresponsible spending, you can count on that in a big way.
The second thing which shows that he doesn't know what he is doing is that he talks about fiscal responsibility and then goes on a spending orgy. Hold on to your wallets as a lot of money is about to leave. The redistribution of wealth has already begun.
Then there is the move toward national health care. There is a $630 billion or so down payment on this program. Another words, we will all have to seek the permission of some government bureaucrat before we can make a doctor's appointment. There is even stuff in the stimulus, or should I say spendulus or porkulus, package that will start us down the road of national health care. The computerization of records is the start and then it is taken one step further by allowing a government bureaucracy to check to see if your doctor is making "fiscally responsible" decisions. That means those who consume a lot of health care need to worry that they will be deemed "too expensive" under this system.
The liberals have been salivating at the opportunity to put their programs into place; and they are seizing their opportunity at the risk of sending our economy deeper into recession, or God forbid, depression.
You also see the beginning of nationalization of the banks, something which Obama said he would not do. Just watch what happens with Citigroup as there is no such thing as a free lunch. They say there is no tax money involved, something which I for one don't believe. I certainly don't want the government being my stock broker or getting into the banking business. They can't run much of anything now so what makes anyone think they can run a bank without messing it up royally? I certainly don't think they can do it.
If you don't like the direction this country is headed, then you need to tell your Representatives and Senators to slow down before they do irreparable damage to the economy and the nation. If this doesn't happen, we won't recognize this great country anymore because it will be something totally different from what the Founding Fathers had envisioned and intended.
If you think am scared, you would be right.

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