“Turbo” Tim Geithner (Who reminds me of the “Goth Kid Leader” from South Park) said on Sunday that he “cannot rule out higher taxes to help tame an exploding budget deficit..” The Yahoo finance story that details this information is entitled “2 Obama officials: No guarantee taxes won’t go up”. However, the title is incomplete. Please allow me to finish it: “No guarantees taxes won’t go up is a guarantee that they will..”
The goofy “deer in the headlights” Geithner, according to the story, “would not dismiss raising them on middle-class America as part of a health care overhaul.” One Obamazombie will tell you that they are saving the economy (Rahm Emanuel) and the next one tells you how they are going to destroy it by taxing the middle class into oblivion. (Tim Geithner) It is obvious that one of them is lying and it is also obvious which one of those statements is a lie..
When Obama sends his shills out to talk for him on a Sunday morning he might want to make sure that they are all reading from his teleprompter. Geithner said that “the White House was not ready to rule out a tax hike to lower the (Obama) federal deficit.” Larry Summers, exposing the world once again to his liberal genius (who can forget his eloquent reasons for the dearth of women in the fields of science and engineering while he was the President at Harvard..) said “Obama’s proposed health care overhaul needs funding from somewhere..” That “somewhere” is the American middle class and that “funding” is a targeted tax upon them. Ready or not, here it comes.
Apparently the narcoleptic Summers has fallen asleep at more than just the Obama meeting with credit card officials in April. Summers must have missed Obama “repeatedly” vowing that “you will not see any of your taxes increased one single dime..” during the campaign. When Obama gets around to raising your taxes by thousands upon thousands of dollars, would it be a “technicality” to point out that that total isn’t “one single dime”? Would that “technicality” mean that Obama wasn’t lying or is it just another example of malleable liberal deviousness? Seems silly to ask, doesn’t it..
Summers then pulled out what could possibly be the biggest understatement ever uttered about the Obama oligarchy. “There is a lot that can happen over time..” There is no doubt that we will need “time” to safely unearth all of the economic depth charges and all of the free market IED’s left behind by the sinister socialists. “It is never a good idea to absolutely rule things out, no matter what..” These are the words that the “always playing an angle” leftists seem to live by. “Ruling things out” isn’t that hard for some people, people with principles. For example, President Reagan “absolutely ruled out” giving up on SDI at Reykjavik. He “absolutely ruled out” giving in to the Soviets and to the curse of communism. Those are just a few reasons why these are very perilous political times, those principles are nowhere to be seen in the liberal labyrinth that is Washington.
Speaking relative to bringing down the Obama deficits, Geithner said, we’re not at a point yet where we’re going to make a judgement about what it’s going to take..” This just means that all of their polling data from their focus groups hasn’t been collated and analyzed and it hasn’t made it back to them yet. They had better be careful who they are polling on this.. If they continue to ask the liberal base of mendicants, moochers and marionettes as opposed to the middle class “victims” of their progressive pickpocketing, their false sense of security based on bogus charts and graphs will be their downfall..
As the “Pollyanna Progressive” prances towards his health scare “plan”, yet another of his “number one priorities” he, nor apparently anyone around him has no idea how it will be paid for. This all seems to stem from a basic misunderstanding of how capitalism operates and how unimpeded capitalism actually raises revenues. The free market is as much a mystery to the left as the bathtub.
Just as one example: “Cash For Clunkers”. This is the standing argument for the “blind squirrel occasionally finds a nut”. Here is why the popularity of the program (that someone in the Obama administration got RIGHT) baffles the Bolsheviks..
The “plan” is based upon consumerism and capitalism. Our economy is based upon both manufacturing and consumerism. Unfortunately, most of the “manufacturing” going on in the world today is taking place in China. We are still left with consumerism and the one area where we still have a decent manufacturing base in the United States, which is in the automotive industry. (To boot, didn’t the Obama government just “buy” General Motors and Chrysler??) The “Clunkers” incentive ENCOURAGED consumerism by benefiting the consumer, not punishing him or her through the liberals beloved taxes.
Lower taxes and tax rates that positively affect the consumers ENCOURAGES spending which will in turn RAISE the revenue stream (the one the liberals love to swim in..) INDIRECTLY and in the RIGHT WAY. This the RIGHT kind of spending, NOT the Obama kind of “spending”.. The consumer, NOT the government, does the RIGHT kind of spending.. If the liberal government would allow capitalism to work unimpeded, they would receive a “windfall profit” in taxes that they could then lovingly redistribute to their subserviants. Simply raising taxes DIRECTLY upon the middle class consumer shuts the entire process of capitalism down.
The question becomes how did this little program manage to make its way into the Marxist mess of Obamanomics? These knobs “invested” sixty billion dollars into the new “Government Motors”, couldn’t they possibly see the potential impact that a “Cash For Clunkers” program could have upon their “investment”? I suppose that is why the program is out of money yet they funnel billions towards the “ethanol idiot fuel” ruse.. If they need it spelled out rather simply, consumers given a tax break consume. Consumers “penalized” by taxes don’t, can’t or won’t consume..
Larry and Tim may enjoy playing dumb in public about the “funding from somewhere” for the “Socialist Soylent Green Health Care Final Solution” but the middle class understands the inherent dangers of the intrusive liberal economics better than they ever will.