Who’s Going To Pay For It?

OK, now all of you folks out there (especially the Obama supporters) stop and think for a little bit on the following:

  • A multi-billion dollar “stimulus” bill was passed and signed that was full of waste and earmarks.
  • Multiple banking and finance institutions were bailed out with billions from the government treasury.
  • Two car companies were also given loans, declared bankruptcy, and were not only able to write the loans off but got more money to see them through the bankruptcy and reorganization.
  • A global warming climate change bill was just passed in the House this past week with carbon cap & trade as its centerpiece.
  • The President is pushing for a universal healthcare coverage policy for anyone that wants it.
  • We are constantly bombarded with information that Social Security and Medicaid/Medicare are going to go broke in the near future.

Now who do you think is going to pay for all of the above? 

From ABC’s commentator George Stephanopoulos:

White House senior adviser David Axelrod said the president won’t rule out a health care reform bill that includes a middle-class tax hike.

"The president had said in the past that he  doesn’t believe taxing health care benefits at any level is necessarily the best way to go here.  He still believes that," Axelrod told me on This Week, "But there are a number of formulations and we’ll wait and see.  The important thing at this point is to keep the process moving, to keep people at the table, to the keep the discussions going. We’ve gotten a long way down the road and we want to finish that journey."

I pressed Axelrod on whether Obama will draw a line in the sand and veto any bill that funds health care reform with tax hikes for people making under $250,000 a year — despite a pledge Barack Obama made during the 2008 presidential campaign not to raise taxes on the poor and middle-class.

"One of the problems we’ve had in this town is that people draw lines in the sand and they stop talking
to each other.  And you don’t get anything done.  That’s not the way the president approaches us.  He is very cognizant of protecting people — middle class people, hard-working people who are trying to get along in a very difficult economy.  And he will continue to represent them in these talks," Axelrod said.

"But they’re also dealing with punishing health care costs, and that’s something that we have to deal with."

This should be a clue for the clueless.  For those who don’t want to think because it hurts their brains, then here’s the answer:  You are!!

What people don’t seem to realize is that every time Congress passes laws and the President signs them, there is usually some cost attached to them.  If it is a spending bill, then the funds are drawn from the Treasury.  The funds from the Treasury are collected by taxes, and you pay the taxes either directly or indirectly.  It won’t matter where you are in the social ladder, you will pay one way or another.

And you thought that the TEA Parties were ladies socials instead of “taxed enough already” protests.

Just thought you would like to know…

What’s a Few Billion Between Friends?

First, there was the pork-laden $700 Billion for the banks.  Then there was the $800 Billion “Stimulus Bill” which was to help stymie the downward spiral of the economy (which President Obama declared pork & earmark free – it’s not).  House Democrats passed on Wednesday a spending bill for another $410 Billion (which has over 9,000 earmarks & pork), and President Obama is sending a $3.55 Trillion spending plan to Congress for approval which includes additional financial bailouts ($750 Billion) and a health-care plan ($634 Billion).  Last is a request by the Palestinian’s for aid to rebuild the Gaza Strip for $2.8 Billion, of which the United States is expected under the Obama administration to chip in “only” $900 Million.

And President Obama asked the American people last Tuesday to be responsible?  How can he ask the American people that when our elected leaders will not set the example for the rest of us to follow?  Who does he think he’s kidding?

Pfffttt!!

But then again, one just has to look back just a few years to understand how Congress can think they can put one over on the American people.

Not too long ago, a storm called Katrina roared through New Orleans.  Massive destruction ensued, and lives were lost unnecessarily.  President Bush was blamed for the government’s mishandling of the disaster, even though the mayor and the governor clearly fell down on the job for not getting people out of harm’s way.  But among the political backlash, a truth was conveniently swept under the radar.

People didn’t know how to take care of themselves.  They couldn’t think nor take responsibility for themselves, and instead relied on the government to save them.  And look what happened.

Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves. – Ronald Reagan

But that is exactly what has happened.  Government has taken upon itself to run people’s lives to the point that Uncle Sam is a benefactor, not a protector.

So now the government, led by Liberals, wants to tax and spend worse than what they accused the previous administration of, and with large amounts of pork besides.  No wonder that there is a movement for a modern day “tea party” in several cities around the country.  These buzzards believe that they will get away with it.

Send a tea bag with a polite note to your Congress-critters.  They’ll appreciate it.

Pork in the Stimulus Package

Below is an excerpt from an email I received from U.S. Rep. Mike Rogers (R-MI) concerning the recent passage of the Stimulus Bill in the House:

I know Michigan is hurting. I fully support a robust stimulus plan but cannot support the spending bill that passed the U.S. House today. This bill, which costs over $1 trillion including interest, provides less than seven percent of the cost to build new roads and bridges, and less than one percent of the bill goes to help small businesses create jobs.

To make matters worse, we do not have the money in our own struggling economy to pay the bill. So we will be forced to borrow from other countries like China and Saudi Arabia, forcing us to pay higher and higher interest rates. This will drive up the cost of credit for the American people and American employers, making everything we buy cost more, and creating barriers to buy cars, student loans, and home mortgages. It also likely will increase inflation, making our savings worth less.

Here are just a few of the outrageous earmarks we will be borrowing money to pay for:

  • $30 million to save a mouse habitat in San Francisco
  • $8 billion to create a high speed rail system between Los Angeles and Las Vegas and a second one somewhere in the Mid-West.
  • $50 million for the National Endowment for the Arts
  • $2 billion for neighborhood organizations including ACORN which has been accused of unlawful voter registration.
  • $1 billion for a prevention and wellness fund available for sexually transmitted disease education and prevention

The legislation even removes the new tax cut for the purchase of an automobile that the Senate had added to the plan, an additional body blow for Michigan.

Nothing like paying for a BBQ and not being invited to partake…