And what you can do about it. *
Obama’s Brazen Deception to Sell Agenda by Charles Krauthammer
“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
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:
President essentially deceptive on economy, bailouts, stimulus by Jed Babin, Human Events
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.
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.