The media is very adept at salting phrases into the country’s lexicon in order to persuade instead of report and quite often the words and phrases are pejorative and not intended to merely nudge but to change and shape opinions.
One of the lies Obama told to fudge through the largest tax increase in the history of the world (with an assist on the goal to lame Justice Roberts) was that it would cost under one trillion dollars. His very own Congressional Budget Office projects——at least for now—–that the number will be closer to $ 2.6 trillion but concedes it could go higher.
Accuracy and reporting today run on separate rails destined never to meet, and the fiscal cliff is just another example of an overused misnomer upon which both parties have jumped along with the press for the purpose of pivoting and to advance respective positions of change, when in fact we are not approaching a fiscal cliff in any sense. No. We are heading into a chasm, an abyss with all the ambience of a galactic Black Hole and charm of the netherworld.
The Reader’s Digest version of what must be negotiated in order to avoid the quicksand involves odds so long that I have a better chance of teaching my dog to drive the family sedan. On the table in need of resolution is the end of the temporary payroll tax cut, which if not extended will raise most workers’ taxes by 2%. Also due to expire simultaneously is the change made by Congress to the tax code in 2001, which will result in the elimination of several tax incentives for business as well as raise taxes on middle and upper income families.
As the brinksmanship continues with financial Armageddon in the balance, a new definition of OCD has emerged and it is “Obama Compulsive Disorder” with respect to raising taxes on his definition of the rich. The increased taxes raised from attacking middle and upper tax bracket earners range from a low estimate of $75 Billion to a high of $85 Billion annually, so for the sake of argument I will work off the middle of those two projections and frame it against just a single trillion dollar overrun, though we mustn’t forget that SIX trillion has been added to the national debt in less than four years. $80 billion in revenue offsets one trillion in debt in the same way $80.00 pays down a $1000.00 liability. Imagine owing a friend a thousand bucks and approaching them with four, twenty dollar bills to say, “Here you go. I’m now being responsible for the debt I owe you,” and then asking him to loan you another grand. So goes the derangement of Mr. Obama and Congress.
Obama’s increased tax demands are not a solution, but instead a signification to his base as well as retaliatory and vengeful. For what you might ask? To demonize success under the guise of sticking up for the little guy. What schlock, for in reality it is just another cheap political hustle in his endless campaign. Moreover, it is a red herring designed to deflect attention from fiscal misfeasance and just another of the multicolored scarves he keeps waving at his audience to keep them from seeing what part of his jacket he’s hidden the pigeon. It is a pernicious and iniquitous plan designed to distract from his Marxist tendencies and it signals his intent to accelerate his confiscatory practices, none of which has a chance of stanching the hemorrhaging more than a band aid would fix a bullet wound.
Major provisions of the Budget Control Act are also due to take effect at the same time, as if the aroma wasn’t already pungent. That piece of legislative sludge was signed into law by Mr. Obama in August of 2011 ostensibly to quell the ongoing Congressional battle with respect to “temporarily” raising the debt ceiling, as if any spending is ever temporary in Washington. According to the bill there must be cuts to offset spending and a number of other contingencies that read vaguely like “if my aunt had a moustache she’d be my uncle, but only if it’s the second Tuesday of the month and the moon is full.” Though I practically need a scorecard to keep it straight, unless certain unattainable criteria are met, it gives the president veto power followed by an overly broad discretion to spend unless overridden by a two thirds majority Congressional vote———and we haven’t even discussed what constitutes a “cut” to the spendthrift muttonheads on Capitol Hill. They’ve earned the insult, and here’s why: Base Line Accounting.
Base-line accounting could only have been devised in Washington, for it is so cockamamie and ill-conceived it exists nowhere in the universe except the capital, and here’s how it works. If a government program has received 5% increases for the past decade and only receives a 4% increase next year? That is considered a “cut” despite the fact there will, indeed, be an increase in spending, and explains at least in part why we’re at a deadly financial crossroad.
One of the lies Obama told to fudge through the largest tax increase in the history of the world (with an assist on the goal to lame Justice Roberts) was that it would cost under one trillion dollars. His very own Congressional Budget Office projects——at least for now—–that the number will be closer to $ 2.6 trillion but concedes it could go higher. Meanwhile, he’s raided $700 million from Medicare to subsidize this maniacal dream, plans to reward the country’s listless youth’s insatiable thirst for “free stuff” at the expense of the very people who built this country and will now be denied healthcare to hasten their demise to pay for freeloaders, and he will not rest until he controls the engine that made our country better than any other in history by destroying capitalism and centralizing government control over production, usage, and consumption. The Republican leadership has folded at every opportunity to stare down this monster and ceded the higher ground to him by agreeing to the BCA in August, 2011. Now, for selling their soul to the devil, they are without maneuverability to thwart his insane behavior and Christmas might very well be the last holiday that brings us any joy because the realities that await the country on New Year’s Day will make us all feel like sticking ice picks in our ears.
Separately, if anyone wants to lend me $100,000.00 per year for the next 10 years, I PROMISE to repay $8000.00 annually————-just to show you I’m good for the balance.