But I guess if you are for the redistribution of wealth facts don't matter. Anyone who is rich must have done something wrong to get that money ... right?
The idiots who voted for him don't understand math.
That is OK. Obama can't do math either.
His election's theme was to increase taxes on those making over 250K a year to balance the budget.
To do that he would have had to tax their 1.2 Trillion in profits 2008 at 100%.
That is exactly what the budget deficit was in 2008.
So Obama would have to have said - Anyone making over 250K a year will have all their profits taken from them and you will have to live off of your savings (if you have any).
I didn't see him raise their tax rate to 100%.
Now the budget deficit is running over 1.5 Trillion Dollars on a US Gov't Total Budger of only 4 Trillion Dollars.
The publics desire for services and benefits will always be vastly greater that its willingness to pay taxes for them. - Christopher Masaitas
This will make Liberal heads explode. Trump is a master at manipulating the press. Obama and the regime don't know what to do, but fall back on the old cliche'.
"Where's the Birth Certificate?: The Case that Barack Obama is not Eligible to be President."
Your money is spent through Appropriations Bills passed by The U. S. Senate and signed by the President. The Government does not have any money, it takes your money from you and, and borrows more, then spends that! The bailouts of 2008 and 2009 are purely deficit spending. Expect to see enormous deficits in the forseeable future, leading to much more debt; and interest payments on that debt will become the largest item in the federal budget. On C-SPAN, President Obama boldly told Americans: "We are out of money."
In 1913, when the Federal Reserve was created with the duty of preserving the dollar, one 20-dollar bill could buy one 20-dollar gold piece. Today, fifty 20-dollar bills are needed to buy one 20-dollar gold piece. Under the Fed's custody, the U.S. dollar has lost 98 percent of its value. The dollar is the storehouse of our wealth. Has the Fed faithfully safeguarded that storehouse? Thomas Jefferson said, "In questions of power let us hear no more of trust in men, but bind them down from mischief with the chains of the Constitution."
Canine is right on the money with facts.
Then, of course, he gets attacked because somehow deficit spending and destroying the country is desired by selfish and ignorant people.
There should be a law to prevent anyone from voting in Federal elections if they do not pay any income tax.
It is grossly unfair to taxpayers to have those not paying taxes direct how their money is spent.
Yes Obama Your Momma is a "socialist" but he didn't tax the rich.
Reagan on the other hand did tax most Americans in one of the biggest transfers of wealth in American history.
Bush did a great job also. For the rich that is. Not you.
Guess who collects all that interest on our debt?
The "Federal" (that isn't really federal) Reserve Cartel/System!
"Deficit spendning is merely a scheme to confiscate wealth" - Alan Greenspan "Gold and Economic Freedom".
Whenever our government needs money for wars, bailouts, etc. they contact the central bank who then punches in the numbers and demands interest from our government on all borrowed monies.
Anyone who hasn't read the aforementioned essay by Greenspan (only 5 pages people) needs to do that now!
Excellent youtube post. Clearly, the spending must stop. This country can't sustain the cost of our rising interest payments associated with our ever growing debt. When is our president going to wake up and lead congress in formulating and executing on a workable solution to deal with our financial crisis. To date, all we are seeing is a lot of back biting and name calling. If Obama can't bring himself to deliver on this, I say we can't afford another four years of this guy! What a joke his "hope and change" has turned out to be.
Excellent youtube post. Clearly, the spending must stop. This country can't sustain the cost of our rising interest payments associated with our ever growing debt. When is our president going to wake up and lead congress in formulating and executing on a workable solution to deal with our financial crisis. To date, all we are seeing is a lot of back and forth fighting and name calling. If Obama can't bring himself to deliver on this, I say we can't afford another four years of this guy!
Your "facts" are made up you moron. Provide proof if what you say is correct. You won't because you can't.
You and Ricco are the dumbest knuckle draggers on this board. Enjoy your ignorance.