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October 16, 2008

Obama's 95% Shell Game: One Step Towards Socialism

I am an Italian working in US. I am sorry to say, but the strategy Obama is proposing (on economy, education and health) is a statist solution, not respectful of the freedom of the Americans. This is not the competitive America I met (and decided to work for) when I came here.

The America that fights for the solutions even when it is a bad time, but fights and does not expects from the state any help that letting us be free and work in a democratic Nation.
Freedom over all!

Sincerely,
Gian Luca


In a grimly ironic note, the best comment on last night's debate came from a foreigner. Sometimes it takes an outsider to tell us the ugly truth: we have strayed from what made America great. Scare us with a credit crunch and we are willing to vote away financial independence for a place at the government feeding trough and the illusion of security. That is what Barack Obama is offering us and we are about to grab it with greedy, grasping hands, never bothering to look too closely at the fine print.

Well, Joe the Plumber did the math. He wasn't fooled by Obama's smooth bromides, and neither am I.

Some of you may remember that during the last debate, Obama tried to invoke a bit of faux patriotism with the reference to the way his father came to America during the 1960s:

OBAMA: Well, let me just make a closing point. You know, my father came from Kenya. That's where I get my name.

And in the '60s, he wrote letter after letter to come to college here in the United States because the notion was that there was no other country on Earth where you could make it if you tried. The ideals and the values of the United States inspired the entire world.

I don't think any of us can say that our standing in the world now, the way children around the world look at the United States, is the same.

And part of what we need to do, what the next president has to do -- and this is part of our judgment, this is part of how we're going to keep America safe -- is to -- to send a message to the world that we are going to invest in issues like education, we are going to invest in issues that -- that relate to how ordinary people are able to live out their dreams.

And that is something that I'm going to be committed to as president of the United States.

I recall that moment vividly because my husband, who had been snoozing in his leather chair up until that point, fairly leapt to his feet and yelled, "Yeah you bonehead, but your father DIDN'T STAY HERE! NEITHER DID YOUR MOTHER! She beat feet as soon as she could. Kind of undermines your point about how America has lost its supposed moral superiority, now doesn't it? Your parents could have stayed here, but they preferred to live somewhere else. Meanwhile, we can't keep a virtual flood of illegal immigrants out of our country."

Another point about his father that you won't hear Senator Obama make, either anywhere in either of his two autobiographies or in his public remarks, is that his father was a socialist. Amazing that he could write two entire books, one entitled "Dreams of my Father, and never mention this fact:

As a Nairobi bureaucrat, Barack Hussein Obama Sr. advised the pro-Western Kenyan government there to "redistribute" income through higher taxes. He also demonized corporations and called for massive government "investment" in social programs.

..."Theoretically," he wrote, "there is nothing that can stop the government from taxing 100% of income so long as the people get benefits from the government commensurate with their income which is taxed."

...As Obama's father saw it, taxes couldn't be high enough, so long as the collective benefited. "Certainly there is no limit to taxation if the benefits derived from public services by society measure up to the cost in taxation which they have to pay," he said. "It is a fallacy to say that there is this limit, and it is a fallacy to rely mainly on individual free enterprise to get the savings."

His son is also pushing massive taxes and "investments" in social programs — at the expense of free enterprise. Sen. Obama wants to raise the top marginal income-tax rate to at least 39%, while increasing Social Security taxes on those with higher incomes by completely removing the payroll cap. That means many entrepreneurs would be paying 12.4% (6.2% on employer and 6.2% on employee) on Social Security payroll taxes alone, plus the 2.9% on Medicare taxes, for a total federal tax rate of 54%.

So much for lowering taxes, creating more jobs and stimulating the economy! How can you create jobs when you tax the daylights out of the very sector of the economy which provides them? We already have the second highest corporate tax rate in the world, but Obama isn't satisfied - he wants to tax those evil corporate profits even more! Only by eliminating the specter of profit from business can he... ummm... discourage entrepreneurs from... umm... err...

Nevermind.

How does Senator Obama think entrepreneurs are going to respond when he makes it MORE EXPENSIVE for businesses to hire more workers?

You do the math. Go ahead - it's not a complicated problem, even if you never did too well in arithmetic in school. This is just common sense: tell me who will get fired first?

Obama keeps flogging his tax plan; he keeps telling us he will cut taxes for 95% of working families. This is arrant nonsense. Let's run the math, because it's truly alarming:

INCOME REDISTRIBUTION

The Tax Foundation estimates that under the Obama plan 63 million Americans, or 44% of all tax filers, would have no income tax liability and most of those would get a check from the IRS each year. The Heritage Foundation's Center for Data Analysis estimates that by 2011, under the Obama plan, an additional 10 million filers would pay zero taxes while cashing checks from the IRS.

What Barack Obama wants to do, under the guise of the tax system, is tax the income of wealthier wage earners and give it to the nearly half of Americans who currently pay no taxes at all. This is not "tax relief". It's welfare.

Or more honestly stated, it is legalized highway robbery. He is not just giving them the taxes that were with held from their paychecks back, but part of the taxes that were with held from YOUR paycheck too! This is money that YOU earned! By what right does he do this?

Easy. You - the average American - are about to vote him into office. Because you are economically illiterate, which is a nice way of saying you haven't paid your attention bill.

JOB GROWTH:

The Heritage Foundation compared the Obama and McCain tax plans:

job_growth.gif

Center for Data Analysis (CDA) analysts used an analytical tool that permits taxpayers and policy­makers to see the side-by-side economic effects of the two plans...

Jobs respond more to McCain's plan than to Obama's. Job growth over the 10-year forecast horizon is more than twice as high under McCain's plan than under Obama's. Total employment grows an average of 915,800 jobs under Obama, and by 2,126,000 under McCain. Both plans encourage job creation in each year of the forecast, but McCain's approach leads to sig­nificantly larger job growth, and sooner. By 2018, McCain's plan, which makes the Bush tax reduc­tions permanent and lowers the tax rate on cor­porate profits, creates an additional 3,426,500 jobs. Senator Obama, however, raises taxes on many of the economy's key investors and busi­ness owners. Job growth under his plan for that same year is lower, at 1,576,200.

A STRONGER ECONOMY:

GDP.gifOverall economic activity more vigorous under McCain's plan. Senator McCain's plan yields consistently higher forecasts of economic output than does Senator Obama's. Increases in gross domestic product (GDP) under McCain are, on average, nearly three times higher than under Obama. The growth rate of the economy increases a full half percentage point in 2011 and 2012, when taxes will increase under cur­rent law. Under McCain's plan, the average annualized GDP growth rate increases by 0.3 percent. The Obama plan also leads to higher rates of economic growth as a result of making some parts of the Bush tax reductions perma­nent. The economy as measured by GDP grows modestly more than does the CBO baseline: Growth rates are 0.1 percent higher on average for the 10-year period. By 2018, GDP is $320.7 billion (after inflation) higher under the McCain plan than under Obama's.

MORE MONEY IN YOUR POCKET:

More after-tax spending potential under McCain than under Obama. Using the same model to evaluate both plans, our analysis shows that a family of four will have an average of $5,138 more in disposable income under McCain's plan, and $3,631 more under Obama's. This average increase in disposable income is the combination of lower taxes on the average family, higher employment, and increased growth under both plans. By 2018, family-of-four disposable income under McCain is forecast to be $9,750 (after infla­tion) higher than baseline. This same family unit would see its inflation-adjusted disposable income surpass the baseline by $5,620 under Senator Obama's plan.
ECONOMIC DISINCENTIVES

Barack Obama's tax plan punishes Americans for working harder and achieving the American Dream:

ED-AI343_1taxcr_NS_20081008232813.gif

Because Mr. Obama's tax credits are phased out as incomes rise, they impose a huge "marginal" tax rate increase on low-income workers. The marginal tax rate refers to the rate on the next dollar of income earned. As the nearby chart illustrates, the marginal rate for millions of low- and middle-income workers would spike as they earn more income.

Some families with an income of $40,000 could lose up to 40 cents in vanishing credits for every additional dollar earned from working overtime or taking a new job. As public policy, this is contradictory. The tax credits are sold in the name of "making work pay," but in practice they can be a disincentive to working harder, especially if you're a lower-income couple getting raises of $1,000 or $2,000 a year.

Wake up, America.

If you're anything like me and you've been working hard all your life, you're about to watch it all get handed to someone else, courtesy of Barack Obama.


Posted by Cassandra at October 16, 2008 08:48 AM

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Comments

Good post.

Posted by: Grim at October 16, 2008 11:44 AM

What Grim said...

"What Barack Obama wants to do, under the guise of the tax system, is tax the income of wealthier wage earners and give it to the nearly half of Americans who currently pay no taxes at all. This is not "tax relief". It's welfare.

Or more honestly stated, it is legalized highway robbery... By what right does he do this?

Easy. You - the average American - are about to vote him into office. Because you are economically illiterate, which is a nice way of saying you haven't paid your attention bill.

That and a large voting, and voting, and voting segment fully expects to be the beneficiaries of that redistribution. Socialist pirates by any other name.

Posted by: bthun at October 16, 2008 12:11 PM

Or to put it another way, you're about to get married to someone who spends most of your money and tells you what to do with the rest.

Posted by: tomg at October 16, 2008 02:17 PM

Why Tom! *batting eyelashes furiously* :)

You say that like it's a *bad* thing....

Heh.

Posted by: Princess Leia, Orange Danish Bikini at October 16, 2008 02:26 PM

well the peoples cube understands this!!!

[he used to do soviet propaganda, now that he is free... he applies the same thing in reverse for campy and sometimes really great angles]

in this case:

Obama's WealthSpread™: I Can't Believe It's Not Earned!
www.thepeoplescube.com/red/viewtopic.php?t=2417


While canvassing neighborhoods in Ohio this Sunday, Barack Obama advised a tax-burdened plumber not to worry about money because under his presidency money will disappear since it will no longer have any meaning anyway. Instead, all Americans will be living off Obama's highly nutritive WealthSpread™ formula that is surprisingly low in effort and is being promoted by a group of leading nutritionists known as the Cook Fringe of the Democrat Party under the brand name "I Can't Believe It's Not Earned!"

"Your new tax plan is going to tax me more, isn't it?" the plumber asked, complaining that he was being taxed "more and more for fulfilling the American dream."

"It's not that I want to punish your success," Obama responded. "I just want to make sure that everybody who is behind you, that they've got a chance for success too ... I think when you spread the wealth around, it's good for everybody."
"So instead of cutting taxes with a kitchen knife we'll butter it up with wealth and spread it around like we earned it," the Democratic candidate continued. "It's a patented foreign blend that is guaranteed to help improve my standing in the polls, but it's made with 100% pure American taxpayer sweat, which once again shows how taxes can be patriotic."

When asked to clarify how exactly this plan was going to work, Obama, who is currently ahead in the polls, explained that it was "quite simple: everyone will be contributing according to his abilities and consuming according to his needs, while special observers will be making sure that a worker's contribution does not go above or below the approved list of his abilities. Special distributors will also be making sure that a worker's needs do not exceed the quota based on the availability of the WealthSpread™ formula."

"And, of course, there will also be watchers who will watch these watchers, and the watchers who will watch those watchers, and so on - leading to a full guaranteed employment for everybody."

follow the link for more

the best is the image of the product!!!!

www.thepeoplescube.com/images/Wealth_Spread_500.jpg


[there is also a fun image lower down in the post.. i wont give it away... gotta make people smile somehow!]

Posted by: artfldgr at October 16, 2008 04:34 PM

PEOPLE'S GLOSSARY:

Socialism: A progressive political system that takes the power away from wealth creators and gives it to wealth distributors. Wealth distributors are typically a class of highly trained government bureaucrats who are being watched by a class of political commissars, who, in turn, are being watched by a class of secret police, all of whom are banded together by shared progressive morals. Because progressive morals are relative by definition, a certain measure of absolute propaganda is necessary to encourage collectivism and discourage counter revolution. Since such propaganda is delivered through mass media, arts, and schools, a degree of ideological monopoly, uniformity, and censorship is also required in those fields. The resulting mass enthusiasm creates a vibrant state-subsidized culture, leading to great economic successes and technological breakthroughs, e.g., North Korea.

Posted by: artfldgr at October 16, 2008 04:35 PM

I'm seriously considering giving in to my husband's ever-present desire for more "protection" in the house, and a lifetime subscription to the NRA. If the O-team gets elected, we will most likely be doing so before he is sworn in in January. Just in case.

Posted by: Emily at October 16, 2008 05:23 PM

Few things please a man more than a Christmas gift of weaponry. :)

Posted by: Grim at October 16, 2008 07:16 PM

The smearing of "Joe the Plumber" has started. Yahoo News has a story up titled, "Is 'Joe the Plumber' a plumber? That's debatable."
That didn't take long.

Posted by: Terentia at October 16, 2008 10:50 PM

Poor Joe. He's taking the rounds meant for Sarah Palin, neh Grim? Definitely a shinny shield there.

Posted by: Ymarsakar at October 16, 2008 11:05 PM

That didn't take long.

The nice thing about assassination is that it is efficient. Compare that to the Coalition of the Willing and arguments in committees. The difference in setup time is extreme.

Posted by: Ymarsakar at October 16, 2008 11:06 PM

It also makes martyrs, sometimes.

Posted by: Grim at October 16, 2008 11:52 PM

"Joe the Plumber"...concluded that Obama scares him because his plans are just one more step towards socialism".

Indeed. That pretty much sums it up, in the proverbial nutshell...

Posted by: camojack at October 17, 2008 03:50 AM

It also makes martyrs, sometimes.

Indeed. It is not 100% assured that the death of any leader will destroy the organization he lead. If a leader is good then he will have cultivated capable subordinates to take his spot. If a leader is bad, then his organization does not particularly need him in planning out actual operations.

In some cases, as was true with Emperor Hirohito, you need an enemy leader alive so that that leader can order a surrender of a unified command structure.

Character assassination, however, is superior to actual assassination in that the individual need not die. He can still be around to serve as a focus or figurehead while the authority of the person is decreased and rendered null and void.

Just like forcing the enemy to take care of their own wounded, it is far better than simply slaughtering the enemy for it places additional strains on the enemy when they must feed and care for wounded troops. Of course, this doesn't work for beasts like Al Qaeda or those that can't move their wounded to a secure base. When a leader's authority is reduced, that person is still alive and their side must feed and care for that person when the leader's threat to his enemies have been rendered null and void through character assassination. He cannot inspire his people for his people have lost faith and belief in him. He cannot give orders for his authority has been reduced past acceptable limits. He cannot convince his own people of what he says for he is seen as almost as bad as the enemy. These are the benefits of character assassination over actual assassination. And even one such as Kos will not say a word different from the truth I have described.

I've been making the case the last couple of weeks that we can't just focus on winning in November, but that we have an imperative to take advantage of a historic opportunity to break the conservative movement's backs and crush their spirits. In the White House, that means getting Obama a broad popular and geographic mandate for change. In the House, that means annihilating the Republican caucus and working toward a 100-seat Democratic majority. In the Senate it means getting to a 60-seat filibuster proof majority.

Republicans will claim that McCain wasn't one of them, hence rationalizing away their loss. But if we decimate their ranks, including their conservative icons, it'll make it harder for them to justify their spin. Remember, we want them broken, their ranks thinned, their treasury in heavy debt, their morale in the gutter, void of any leadership, discredited in the eyes of the public.

Hence our need this year to take advantage of this perfect Democratic storm to not just win, but to utterly wipe the board clear of as many Republicans as we can catch in this wave.

A key component of this effort is to destroy their most beloved leaders. And in that sense, our Orange to Blue fundraising list targets some of the conservative movement's top leaders-Markos

Hey, it's strategy, neh?


Posted by: Ymarsakar at October 17, 2008 10:06 PM

I just realized that Kos replaced "red" with "orange". Communist sympathies ya think? Oh, what it has come to when people won't call Republicans red cause they don't want to compare us to their communist buddies.

Posted by: Ymarsakar at October 17, 2008 10:08 PM

Are you all then calling Ronald Reagan a socialist? Because Obama's tax rates would be similar to his. I think you may be getting way ahead of yourselves.

Posted by: luke at October 18, 2008 11:32 PM

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