For the past four years, Obama has passed no budgets (every budget Obama budget submitted to Congress has been soundly defeated—not one Democrat has voted for them), run trillion dollar-plus deficits, spent more money than all previous presidents combined (~$6T), yet he doesn’t thinking federal spending is a problem (h/t: Gateway Pundit):
During the prolonged closed-door budget negotiations on the fiscal bill measure, Barack Obama told John Boehner, “We don’t have a spending problem.” Obama went on to tell Boehner that he was getting tired of hearing about spending being the problem. Obama was quoted as saying, “Obamacare will fix all that.”
What stunned House Speaker John Boehner more than anything else during his prolonged closed-door budget negotiations with Barack Obama was this revelation: “At one point several weeks ago,” Mr. Boehner says, “the president said to me, ‘We don’t have a spending problem.’ “
I am talking to Mr. Boehner in his office on the second floor of the Capitol, 72 hours after the historic House vote to take America off the so-called fiscal cliff by making permanent the Bush tax cuts on most Americans, but also to raise taxes on high earners. In the interim, Mr. Boehner had been elected to serve his second term as speaker of the House. Throughout our hourlong conversation, as is his custom, he takes long drags on one cigarette after another.
Jim Hoft writes what has been on my mind, and on the mind of other like-minded individuals, for the past several years:
“For years we’ve been trying to decide, ‘Is Obama stupid or is he purposely trying to destroy the US economy?’ Now we know the answer. He’s stupid as a can of Spam. Thank you, America, for reelecting this destructive bonehead.”
That has always been my big question as well, “Is Obama woefully incompetent or is he diabolical?”
I’m afraid I’m going to have to respectfully disagree with Jim Hoft’s conclusion that Obama is a “bonehead.” At this point, I have come to a very firm conclusion (based on prior predictions and observations) that Barack Hussein Obama is diabolical in his pursuit to fundamentally transform the United States from a capitalist, free enterprise economy toward pure socialism—control of the means of production and distribution … the collusion of big government with big business—de facto fascism.
No, Obama is not stupid; he’s diabolical. In my opinion, Obama is jackslapping the Republicans in Congress like they were a “prison bitch in pigtails”—quite frankly.
Let’s look at reality: universal healthcare is causing insurance premiums for people with private plans to rise dramatically, despite being promised otherwise by Obama on numerous occasions that rates would not increase under Obamacare.
Additionally, even some Obama voters are waking up to the fact that Obama means it when he rails about everybody paying their “fair share” and participating in all the “shared sacrifice.” People making less than $30,000 a year are taking a disproportionately bigger hit in taxes than those making $500,000 and above per year as a direct result of the recent fiscal cliff bill. For an individual making less than $30K a year, having an extra $100-150 taken out of their income each month is devastating.
And here’s the transcript:
Hi, everybody. Over the past year, as I traveled across the country campaigning for this office, I told you that if I was fortunate enough to be re-elected, I’d work to change a tax code that too often benefited the wealthy at the expense of the middle class.
This week, we did that. For the first time in two decades, we raised taxes on the wealthiest 2% of Americans in a bipartisan way, while preventing a middle-class tax hike that could have thrown our economy back into recession.
Under this law, more than 98% of Americans and 97% of small business will not see their income taxes go up one dime…
Obama can play all the word games and shell games he wants. The fact of the matter is a person who makes less than $30K than a year is more than aware the government is reaching deep into their wallets each month when they take a look at their current paycheck following the fiscal cliff measure.
Now here’s the truth (h/t: Gateway Pundit):
- Under the new fiscal cliff plan workers making less than $30,000 a year will take a bigger hit than those making $500,000 a year.
- The fiscal cliff bill that passed the US Senate and the US House will raise payroll taxes from 4.2% to 6.2%. In other words, those making $100,000 a year will see their taxes increase by $2,000.
- The bill raised taxes on 77% of American households.
The fact of the matter is the federal government does not have a revenue problem; they have a severe spending problem. But I submit that all this reckless spending is planned destruction of the economy in an effort to finally put the last nail in the coffin of free enterprise in America—and freedom in general.