Obama’s path to complete financial collapse

And what you can do about it. *

Obama’s Brazen Deception to Sell Agenda by Charles Krauthammer

Excerpt:

“Health, education and energy — worthy and weighty as they may be — are not the cause of our financial collapse. And they are not the cure. The fraudulent claim that they are both cause and cure is the rhetorical device by which an ambitious president intends to enact the most radical agenda of social transformation seen in our lifetime.”

$1.4 TRILLION in TAX INCREASES

$12.5 TRILLION DEBT BY THE YEAR 2019

$60 TRILLION DEBT PROJECTED IN 25 YEARS thanks to unfunded liabilities in entitlements

HERITAGE FOUNDATION ANALYSIS OF OBAMA PROPOSED BUDGET

GRASSFIRE ANALYSIS HERE: THEY SAY TAX INCREASES AMOUNT TO $1.6 TRILLION

MEMO

 

From:  Steve Elliott, President, Grassfire.org Alliance

 

We just got off the phone with some of our contacts on the Hill and it is now clear that President Obama’s budget — complete with over $1.6 trillion in new taxes including the new global warming tax — is now on a fast track in Congress.

 

The Senate could vote on approving the Obama budget as early as next week with the House to follow shortly thereafter. Our contacts tell us Congress could pass this budget before the Easter break.

 

Immediate action needed

 

Already, over 130,000 citizens have joined you in signing our “Stop The Spending” petition.

 

I want to deliver at least 200,000 to the Senate before next week’s expected vote, and I need your help.

 

    Please forward this message to your friends and ask them

    to sign our “Stop The Spending” petition so that they can

    be included in next week’s petition delivery. Your friends

    can go here to sign:

 

* http://www.grassfire.net/r.asp?u=17168&PID=19674188

 

_________________________________________

 

President essentially deceptive on economy, bailouts, stimulus  by Jed Babin, Human Events

 

Excerpts:

 

Obama’s so-called “stimulus package” — costing about $1.2 trillion — is aimed at reducing healthcare costs, converting our carbon-based economy to “green” power and expanding government involvement in education. None of those three factors is among the reasons for the accelerating recession and increasing unemployment.

 

Given the recent rise in the Dow and the LIBOR — and the Obama administration’s penchant for spending recklessly and destructively — it would be better for them to do nothing than for them to continue pouring money into programs that can’t resolve the crisis.

 

HOW CONGRESS DEPRIVES US OF PROSPERITY by Walter Williams

 

Excerpt:

If a tax is levied on a corporation, and if it is to survive, it must raise the price of its product, or lower dividends or lay off workers. In each case, it is people, not some legal fiction called a corporation, who bear the burden of any tax levied on the corporation.

 

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