Saturday, February 28, 2009

Obama the Liar: Tax The Rich


Wow, are we really a nation of morons?  When Obama speaks, he does it as if his speech writers have given him the next historical document and the TV cameras on recording gold.



This week, we were informed by "our" president that he's going to "tax the rich".  He then proceeds to say that the aforementioned "rich" are people making more than $250k per year.  Of course the next day he alters that and now the "rich" are people making more than $208k per year.

Why is this a lie?  Because those people are not "The Rich" by any stretch of the word.  Had he said the rich were those making $1million or more per year, he would have been somewhat honest.  However, his $208k or $250k (depending on the day) targets a large demographic of individuals and business that are GOOD for our economy and provide more benefits than the additional tax burden will achieve.

The only things that saves Obama in the eyes of the common voter would be the fact that more people do not make $208k per year than do.  He doesn't have to be honest or fair to the people he is taxing, he just needs to make more friends than enemies.

Obama's lie is that rather than playing Robin Hood and robbing the rich and giving it to the poor, he's attacking the PRODUCERS in our society, leaving the real "Rich" out of harms way, and pandering to the poor.  But, until he takes it out on your demographic, sleep easy and be glad that somebody else is shouldering the burden for you.

The Mortgage Crisis

The mortgage crisis could not have been an accident. The people that "approved" the mortgages KNEW that:

  1. Were going to have prohibitive payments in 12 to 24 months
  2. Were going to be on property worth far less than what they sold for within 12 to 24 months
  3. Would be forclosed on because they couldn't sell for the amount of the mortgage

Bankers blame it on homeowners making bad decisions or not having foresight. However, those bankers get very uncomfortable when you point out that these mortgage were all approved by bankers that get PAID to know the market and it's trends.

When you point out that regular people like you and I saw this coming back in 2004/2005, they start to tap their fingers and look around nervously.

The short answer is that they set us up and we don't know "why".

Mortgages traditionally require people prove they can make the payments even when the market is not headed down. The banks knew exactly what they were doing...

The Media On It's Knees

Why is it that the mainstream media is clamoring on their knees in front of Obama as if their unwarranted affection will somehow lower his zipper and give them what they so desperately seem to want?