New York Times calls the U.S. the stingiest Nation. I shouldn't even get mad at anything coming out of the New York Times which basically has the same credibility as the National Enquirer, but,...these America haters continue to pick a topic and get it bass ackwards. Not only does the U.S. give generously to all sorts of charities and nations, we give money to our enemies. We give hundreds of millions of dollars to Palestinians who were cheering in the streets while watching the 9-11 attacks on Television. The problem is that we are too generous to the wrong people and nations.
Social Security Payroll Tax Cut. This is the issue where the Federal Government reduces the amount of tax that comes out of our pay checks towards Social Security. Rather than enact any kind of Federal Income Tax or Capital Gains reduction or reform, Obama's brilliant brainstorm of reducing the amount we contribute to the already unfunded and going bankrupt Social Security is a brain teaser to put it mildly. The Democrats and the mainstream liberal media (there I go being redundant again) sure spun this as a Democrat victory and a Republican defeat. A rational person will see this as a defeat for the American People. We the People get a tiny amount of additional take home income in out checks, while social security continues heading towards a cliff. Obama gets to shelf any decision on the oil pipeline from Canada to the U.S., and we'll be back in the same boat again in two months. The promise of the Democrats to work towards a year long reduction in social security payroll tax is like staring at a flat tire when your engine is blown and the steering wheel is missing.
Then we have that idiot Harry Reid (D-NV who stated: "Everything we do around here does not have to wind up in a fight." Well Harry, I reckon it does when one side wants to spend this country into bankruptcy and default, while over taxing the job creators to sabotage the economy, meanwhile placating the people by giving them tax reduction gimmicks that put a few bucks in their pockets at the expense of Social Security solvency. Are we to be bought that cheaply?
Making Newt to look like a Bomb Thrower. With George H.W. Bush formally supporting Mitt Romney, the media train is reporting that Newt Gingrich is too much of a bomb thrower,...much too caustic to gain mainstream Republican support. On the other hand, they paint him as a classic political insider. Wonder which one is closer to the truth as it can't be both. Where the "Bomb Throwing" rep comes from is the 1990 fight between the first Bush Administration's desire to raise taxes, despite Bush's promise not to do so. Anyone remember the "Read my lips, no new taxes" speech? Gingrich's refusal to support Bush's 1990 budget deal was seen as both disloyal and anti-pragmatic, and that's we the lack of support from the Republican mainstream comes from.
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Showing posts with label Social Security Payroll Tax. Show all posts
Showing posts with label Social Security Payroll Tax. Show all posts
Wednesday, December 28, 2011
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