For those of you who don’t know what a VAT tax is, it’s a tax on everything paid by everyone.
Given the massive debts our Dear Leader and the democrat congress have run up since taking control of the government, and their plans to keep spending, they need a way to fleece even more money from the American people. The VAT tax they are talking up is certainly one way to do it, as long as you don’t care about the negative effects on the economy. Since actually working to improve the economy clearly isn’t anywhere on the agenda for the Obama administration or Congressional democrats, keep your eye out for a federal VAT tax.
You can count on a few things in this world. The swallows will return to Capistrano. Salmon will spawn. Canada’s geese will fly south for the winter. And tax cuts will create growth.
The Obama administration’s six-month delay in approving new offshore drilling leases in federal waters will become a new three-year ban, Interior Secretary Ken Salazar quietly told reporters last Friday. Which means that no new oil and gas leases will be approved during President Obama’s term even though two –thirds of the American public supports such activity, according to a December 2009 Rasmussen poll.
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“Secretary Salazar has finally confirmed what had long been feared – that the Obama Administration has no intention of opening up new areas for offshore drilling during his four-years in office,” said Rep. Doc Hastings, the ranking Republican on the House Natural Resources Committee.
So for the next three years and probably more, trillions of dollars in domestic energy assets will remain untouched while billions of dollars more are spent on foreign oil.
Clearly, as in the Health Care “debate”, our Dear Leader has absolutely no interest in what the American People, whom he was elected to represent, care about in a vitally important subject. The President’s ban on domestic energy sources also tells us that he has no interest in halting rising energy costs or taking any steps toward improving the economy. Opening up these resources will immediately create many “shovel ready” good paying jobs, providing a short term benefit to the economy as well as long term benefits. Why is our Dear Leader opposed to actually improving the US economy?
That means that over twelve years of Republican rule, there was an average annual budget deficit of about $104 billion. Compare that with an average annual deficit since 2008 of $1.074 trillion — or about $90 billion per month.
For those of you with bad math skills, let me sum this up for you. Every month, the democrats come within 90% of increasing the deficit of what it took the Republicans an entire year to do.
Republican and fiscal conservative voters removed the Republican party from power because that party was spending too much money, putting a burden on the economy and not holding back government growth.
Independent fiscal conservatives, including many who are registered as democrats, are not going to reward the democrat party with their votes in 2010 for behavior that is much, much worse than what the Republican party did.
Our Dear Leader had a choice to make. As I pointed out before, he could have followed the path of former two term President Bill Clinton, or the path of former one term President Jimmy Carter.
Obama decided to go Carter, big time. In last night’s State of Barack speech (it was much, much more about Barack Hussein Obama than it was the United States of America), our Dear Leader, in the face of rapidly declining popularity, and faith in, both him and his far left agenda, decided to double down on his two most unpopular programs. Those are his so-called “health care reform” package, better known as Obamacare and the job killing “Cap and Tax” bill.
Here is all you need to know about Obamacare, Howard Dean, a medical doctor, former chair of the DNC and general al laround far left extremist barking moonbat, wants it killed. When the far left and the majority of the Right thinks something is a bad idea, it usually is. There is also the case to be made about having to bribe US Senators, with tax payer money, to vote for it. Senator Nelson of Nebraska was actually looking out for his state. He knew that Obamacare would bankrupt his state with unfunded federal mandates.
Barack Hussein Obama needed to act Presidential and show the nation that he is a leader. Instead, he gave the longest SOTU speech in over 40 years, spending most of it blaming former President Bush and lecturing the American people on how we needed to support his socialist agenda.
He failed to address how he failed to deliver on multiple campaign promises, including transparency and openness in the federal government. He also failed to deliver on his no lobbyists in government pledge, hiring over a dozen in his administration. He failed to “change the tone” in Washington, D.C., except to make it worse. The Reid/Obama/Pelosi run federal government is even more hyper-partisan than it ever was, and they plan on making it even worse in the future. BHO opened up a new front by attacking the Supreme Court during the SOTU speech.
Our Dear Leader rounded out his speech by repeating a bunch of promises he made on the campaign trail that he failed to keep. Even if he does follow through on some of them, people are still going to be asking why he waited an entire year to do anything about the economy, instead wasting it on socialized medicine that the American people don’t want.
The so called “leadership” of congressional democrats and our Dear Leader would much rather see across the board tax hikes place on the American People by letting the G.W. Bush era tax cuts expire.
If Barack Hussein Obama is at all interested in keeping his promise of “no new taxes” for anyone making less than $250,000 a year, he has no choice but to call for an extension of the President George W. Bush tax cuts.
The White House has abandoned its controversial method of counting jobs under President Barack Obama’s economic stimulus, making it impossible to track the number of jobs saved or created with the $787 billion in recovery money.
Despite mounting a vigorous defense of its earlier count of more than 640,000 jobs credited to the stimulus, even after numerous errors were identified, the Obama administration now is making it easier to give the stimulus credit for hiring. It’s no longer about counting a job as saved or created; now it’s a matter of counting jobs funded by the stimulus.
That means that any stimulus money used to cover payroll will be included in the jobs credited to the program, including pay raises for existing employees and pay for people who never were in jeopardy of losing their positions.
That’s right. The “open and transparent” Obama administration is now going to take credit for “saving or creating” jobs that already exist.
What is clear, is that Obama’s team of Socialists are trying desperately to hide obvious fact that the democrat “porkulus” bill was an utter and complete failure at the stated goal of “stimulating” the economy. It has been a job killer, not a job creator, and the Team Lightbringer and their co-conspirators in the democrat congressional “leadership” are now trying to make it impossible to accurately track the effect of their pork laden payouts have on the job market, and the economy.
That is truly amazing in the oh-so liberal People’s Commonwealth of Massachusetts.
Or perhaps not. We residents of the Commonwealth got a sneak preview of ObamaAmerica with our own worthless Governor, Deval “Together We Can” Patrick. Patrick had zero executive experience when he took over the Governor’s office and his socialist policies, along with his kowtowing to the state employee unions and raising taxes while the state hemorrhages high tech jobs, have given us a unique perspective of what allowing our Dear Leader to implement his socialist policies will do to the country.
Update: Three Massachusetts news papers have endorsed Scott Brown. The Worcester Telegram & Gazette, the Boston Herald and the Lowell Sun. The Boston Globe is so deep in the DNC’s pocket, they would endorse a convicted felon as long as the felon was running as a democrat.