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Monday, July 18, 2011

o'tax'n spend - Glenn Beck on Obama's tax hike policy (Mo.18Jul11)

     Question:  Should people who pay no taxes be allowed to vote on issues involving taxes?
     If you were to pay no taxes, how would you vote on issues involving raising taxes all-the-while knowing that someone else will pay your way?  Go figure ...
     And, while you're waiting for your "Obama Check" consider that the federal government spends $5.00 for every $3.00 it takes in.  To cover the balance, the Fed prints phony money worth about as much as the proverbial $3.00 bill while raising the debt limit to allow it to print and spend still more of what it doesn't have!
      Many Americans actually pay $1 out of ever $2 earned to some form of tax while ~50% of people pay no taxes!  Estimates are that 70% actual tax rates are in the U.S. future without drastic reductions in government spending.  Do you have to pay your bills?  Do you have to balance your check books?   Does your credit card companies, mortgage company, creditors allow you to raise your credit limit at will?  Talk is cheap but your bills aren't.  Remember in November 2012!  -- rfh

Glenn shreds Obama's tax hike policy
     What's the biggest tax loophole around?  Almost 50% of Americans pay no taxes.  So even though Obama says they aren't, the wealthy are paying far more than their 'fair share' of taxes.
       The reality is that the top 1% of taxpayers paid more than the ENTIRE BOTTOM 95% of taxpayers.   But that's only the beginning of the nonsense - Glenn absolutely destroys the Obama tax hike argument on radio today. WATCH
    The talks on raising the debt ceiling have stalled as President Obama continues to call for increased taxes on the wealthy – a policy the GOP has refused to agree to – in order to reduce the deficit.
    "I have recommended that we don't play around with the debt ceiling, but I think that's exactly what is happening now. The debt ceiling is being played around, and I want you to think of this logically with me. And if I'm wrong, please explain how because I can't find anybody that will show me how this is wrong," Glenn said.
    What games are being played? How about the President insisting that tax hikes are needed in order to start cutting the deficit.
    "The truth is you can't solve our deficit without cutting spending. But you also can't solve it without asking the wealthiest Americans to pay their fair share, or without taking on loopholes that give special interests and big corporations tax breaks that middle class Americans don't get," President Obama said.
    Glenn, Stu, and Pat pointed out that while the President calls for the rich to start paying even more, 49% of the population pays no taxes! "When you have 50% of Americans not paying their fair tax, somebody is paying their fair share, in fact, quite a bit more than their fair share and that is the wealthiest Americans. 1% of the country pay 40% of the tax burden," Pat explained. "And then you'll say, well, yeah, but they have all the wealth. No, they have about 24% of the wealth. So they are still paying more than their fair share."
     Glenn said that while some examples could be shown of wealthy individuals who just inherited their money, the vast majority have earned it through hard work. "What they're trying to do is close the door on anybody who can come up through the ranks. I was poor. This is the American opportunity. You are poor; you can make it. But this system is now rigged to close the door on anybody that is not already Bill Gates or Warren Buffett."
     "Does he think that it's fair that they're paying more than their fair share? Does he think that oil companies, because they are paying more than all the other companies, they are paying more just because they're oil companies, does he find that fair? This is a man who will target anyone," Glenn said.
Congresswoman says Americans too stupid to understand debt ceiling - but struggles to explain it
     There's no shortage of idiotic arguments being made as the debt ceiling battle heats up. You may recall last week the President said Americans are too stupid to understand the debt ceiling argument. Congresswoman Jan Schakowsky has doubled down on that argument, and she also apparently knows a thing or two about stupidity. Schakowsky simultaneously argued that Social Security was fully funded until 2037, but if nothing is done on the debt ceiling Social Security checks won't go out this month. Huh? Glenn has the audio and reaction on radio. WATCH
Know The Original Argument: The real shame in Schakowsky's comments is that many Americans will have no idea how to defend against them. Glenn is starting a challenge in the coming days that we want you to be a part of that will hit on education, faith and history. It will prepare you to win the argument every time. Get more details about the upcoming challenge HERE - and if you haven't already, get The Original Argument HERE.
Gold hits another record: $1600 an ounce: So much for that Congressional investigation into Glenn Beck on the 'scam' that is buying Gold. It hit another record today – DETAILS

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Mar 11, 2008 - "My friends, we live in the greatest nation in the history of the world.  I hope you'll join with me as we try to change it." -- B. Hussein Obama

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o'der führer: '..reject..'voices' that warn of tyranny.'
2014: o'der leader 'That's the Good Thing as a President, I Can Do Whatever I Want.'

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The federal government has accumulated more new debt -- $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury." -- By Terence P. Jeffrey, CNSNews.com (Read The Full Story)
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Federal obligations exceed world GDP! Is the US Gov't Bankrupt?Unfunded a myth?
Deficit: $ national debt Totals Source: http://www.usdebtclock.orgUnfunded Liabilities: $ 107,599,889,000,000 (25Sep17)
Many Americans actually pay $1 out of ever $2 earned to some form of tax while ~50% of people pay no taxes!  Do you pay your bills?  The Fed takes $3 in and spends $5.  Debt per citizen: $51,985 - Debt per taxpayer: $142,513! (13Dec12)
Also, see the blog videos below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html
What were you doing in the last hour while the U.S. Gov't spent $188 Million Dollars of our money!  (Every Hour, Every Day!) (Apr11)   In 8 years, President Bush added $5 trillion to the national debt; President Obama, according to a revised Dec11 GAO report, added $4T+ to the U.S. deficit in 2011 alone!  The GAO estimates the deficit, including o'scamcare & mandates, may grow from $15T+ to over $26T+!  UPDATE: A little-noticed event occurred at approximately midnight on Monday, October 31, 2011.  The National Debt exceeded the GDP!  Imagine what these numbers are going to be now that Obama is reelected! (src)
A trillion seconds pass in 31,688 years.  At $1/sec it would take 41,194 years just to pay off o'tax'n spend's new Feb12-Feb13 added debt - 538,696 years to pay only the national debt or 4,404,632 years to settle the debt+unfunded liabilities!

"Over the last four years our national debt has risen nearly $6 trillion, and just last week the debt topped an astounding $16 trillion.  To put that in perspective, $16 trillion is enough money to fund the US military, along with the military of every NATO country combined… for the next sixteen years!  Government spending is projected to hit $3.8 trillion this year alone.  Even after every tax dollar paid by Americans has been counted, the government will still overspend by another $1.13 trillion.  Every single second of the day our government spends over $12,000.  So in the time it takes you to read this article, roughly five minutes, our government has spent $3.6 million.  It take four seconds for the government to spend what the average American earns in an entire year."  (source: by Tim Phillips 17Sep12 at TownHall.com)
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     It has been suggested that o'who?, the clown, and 'those who surround him' are not the bumbling fools they appear to be.  Nor are they one of the 'Three Stooges' but rather are shrewd implementation/drivers and fellow-travelers of policies designed to disarm the citizenry & collapse the American economy.  Why?  o'nocchio's grandiose scheme to "fundamentally transform America" is more than simple campaign rhetoric as can be seen by his use of "enabling acts" to circumvent the Constitution of the United States.  As Ollie used to say, "Well, here's another nice mess you've gotten me into."

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Values:   "Scots Wha Hae"  1] poem lyrics..text of "Bruce before Bannockburn" also known as "Scots wha hae", written by Robert Burns
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Judica me, Deus, et discerne causam meam de gente non sancta, ab homine iniquo et doloso erue me.
Do me justice, O God, and distinguish my cause from the nation that is not holy; rescue me from the deceitful and unjust man.
- Psalm 43 KJV, 42 Douay Rheims  (http://barnhardt.biz)

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