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Before you read ANYTHING below, remember this: *ALL* Federal Debt is backed by "The Full Faith And Credit of The United States of America." What that means is that
you, the U.S. Citizen are PUT on the hook for all Federal Debt. YOU, the U.S. Citizen, your children, your children's children and THEIR children will be put on the hook for
the insanely massive debt this Out-Of-Control Federal Government is creating TODAY!
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Tuesday July 5, 2011
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OBAMA'S MARXIST GOVERNMENT -
SHOVING AMERICA AND AMERICANS DOWN INTO
FINANCIAL RUIN
In 2008 Barack Hussein Obama ran for
President of these United States. During his campaign he made the following statements and promises to the American People: |
"I wanna cut taxes.....cut taxes for 95% of all
workers....(cheering). And under my plan if you make less than a quarter
million dollars a year....let me see a show of hands....we got a lot of
people....how many make less than a quarter million dollars a
year?.....(cheering).....don't be shy, raise your hands.....all right.....
if you, who make less than a quarter million dollars a year.....which
includes 98% of small business owners...you will not see your taxes
increase one single dime under my plan.....not your payroll taxes, not
your income taxes, not your capitol gains taxes - NOTHING! It is time to
give the middle class a break and that's what I will do as President of
the United States....(more cheering)....."
AUDIO: Statement by Obama on campaign trail ( WAV File Format )
AUDIO: Statement by Obama on campaign trail ( mp3 File Format )
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BELOW:
OBAMA PUSHES TO RAISE THE NATIONAL DEBT!
OBAMA PUSHES FOR TAX INCREASES!
My Personal Comments on this article are in brackets "[....]"
Executive Branch
Obama
Pushes Tax Hikes in Budget Talks, Calls Aug. 2 'Hard Deadline' on Debt
Ceiling
Published June 29, 2011
| FoxNews.com
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President Obama gestures during a news
conference
in the East Room of the White House in Washington June
29.
|
President Obama
called on Republicans Wednesday to drop their opposition to tax
increases, saying "everybody else" is sacrificing their "sacred
cows" for deficit reduction, GOP lawmakers should be willing to do the
same.
[ What Obama is saying is that *EVERYBODY* *EXCEPT* Obama and his
MARXIST government agencies - and those that run them - need to sacrafice so that Obama can continue on with
his Marxist agenda of REDISTRIBUTION OF WEALTH! ]
The president also warned that Washington
will soon run up against a "hard deadline" to strike a budget deal
and raise the debt ceiling,
rejecting suggestions that the situation is not as dire as the Treasury Department makes it out to
be.
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[ Here's
what $14 Trillion Dollars Looks Like. Obama says that this kind of
debt is no big deal!!:
Though some Republicans claim the Aug. 2
deadline -- the date when Treasury warns the U.S. will face default if the
cap is not raised -- is not firm, Obama warned
that it is a serious deadline and that failing to raise the cap
could cause investors to pull out of the U.S., leading Treasury to raise
interest rates.
[ WHY does the United States government
*NEED* to BORROW money in order for "investors" to invest in America????
]
The consequences for the U.S. economy will be
significant and unpredictable," Obama said, while he denied engaging in "scare
tactics." "Aug. 2 is a very important date and there's no reason why we can't get this done
now."
[ "there's no
reason why we can't get this done now." - You mean like the bank bailouts
that *NEEDED TO BE DONE* to the tune of TRILLIONS of dollars....which were used to bail out Wall Street businesses- *AND* banks
here in the United States *AND* in FOREIGN COUNTRIES AS WELL??? ]
The president is trying to salvage bipartisan
budget talks that fell apart late last week when GOP negotiators bowed out.
Obama is trying to find middle ground between the two parties on a plan to cut
spending so he can muster a majority in Congress to approve an increase in the $14.3 trillion debt ceiling
by Aug. 2.
You tell me if this doesn't look like an INSANE
AMOUNT of national debt!! The government has gone absolutely NUTS with its TAX
& SPEND mentality!]
But Democrats,
including Obama, continue to push hard for raising taxes as
part of the deal, while Republicans are adamantly opposed to anything that
resembles a tax hike. Senate Democrats said at a press conference Wednesday
afternoon that the votes may not be there to support a budget deal if revenue increases are not included.
The president showed frustration Wednesday with
being called on to resolve the dispute. He suggested Congress should stop going
on recess and stay in Washington through the summer until a deal is done.
"You need to be here. I've been here," he said of
Congress. "You stay here, let's get it done."
To get it done, Obama
made clear he's pushing for tax increases in addition to spending cuts.
Playing political hardball, he characterized the debate for Republicans as a
choice between revamping a tax code that favors millionaires and depriving
children of government aid.
[ There the Democrats go again, using the old "FOR THE CHILDREN" line of B.S. again. They do that EVERY TIME they want to infringe on our RIGHTS or take our MONEY!]
"We're going to have to tackle spending in the tax
code," he said. "It would be nice if we could keep
every tax break there is, but we've got to make some tough choices here if we
want to reduce our deficit."
[ Translation: YOU THE
TAXPAYER need to be willing to pay more in taxes "if we want to reduce the deficit" which I and the rest of my corrupt buddies in government and on Wall Street created.]
He pushed proposals to
end tax breaks for corporate jet owners, as well as for oil and gas
companies -- and claimed that everything from food safety to college
scholarships to the weather service could be in jeopardy if revenue is not
included as part of a deal.
[ More scare tactics! The sky is falling! The Sky
is falling! Run!! ]
"Ask Republican constituents if they're willing to compromise their kids' safety so some
corporate jet owner continues to get a tax break," he said. Later in the press
conference, Obama also praised the U.S. airplane industry as "an area where we
still have a huge advantage" globally.
[ Did you catch that government "FOR THE
CHILDREN" retoric? They use that "For The Children" phrase whenever they want to get the public to work AGAINST their best interests.]
Obama said he and Vice President Biden will work
"as long as it takes" to strike a deal with Republicans. He expressed confidence
that that could happen.
In his opening remarks, the president also called
on lawmakers to renew a payroll tax cut that took effect on Jan. 1, identifying
it as one of several measures lawmakers could approve to help create
jobs.
The biggest sticking point in the talks has been
the issue of tax hikes, which Republicans resolutely oppose. House Speaker John
Boehner, speaking on Fox News Tuesday night, reiterated that he opposes any tax
increase as part of a deal.
"There are no votes in the Congress ... to raise
taxes on anyone, so tax increases are off the table," Boehner said.
The speaker also predicted that the Obama
administration will soon issue warnings that Americans might not get their
Social Security checks or that doctors might not get Medicare payments if the
debt ceiling issue is not resolved in the coming weeks.
[ Expect MORE scare tactics, like that above, from the Tax & Spend Democrats! ]
"It is predictable. It is going to come. What
we've got to do is continue to press our case with the American people that
cutting spending now and dealing with our long-term debt will help create a
better environment for job creators in our country," Boehner said.
Obama faced several foreign policy questions at
the press conference Wednesday, particularly on Libya. Though lawmakers on both
sides of the aisle have criticized the administration's handling of the mission,
Obama said the complaints amount to a lot of "fuss."
"We have done exactly what I said we would do,"
Obama said, noting that no U.S. troops are on the ground and NATO allies are
playing a big role in what he described as a "limited
operation."
The House has twice rebuked the president for his
handling of the conflict, but the Senate Foreign Relations Committee on Tuesday
passed legislation authorizing force for a year.
The president on Wednesday again called for
Muammar al-Qaddafi to leave power. "He needs to step down. He needs to go,"
Obama said.
Addressing economic woes, Obama also called on
Congress Wednesday to pass several measures he claimed would help jump-start the
economy.
The president called on
Congress to pass free-trade agreements, approve money for infrastructure
projects at the state and local level and pass a new patent law.
[ SURE! MORE FREE TRADE
AGREEMENTS! We all know how well the North
American Free Trade Agreement (NAFTA) worked out for working men and women in the United States!! It left them in the unemployment lines all across this country as their
jobs moved to Mexico!!! We also know how "Trade Agreements" with CHINA have worked out, now don't we? And *NOW* Obama wants MORE of these Job disaster Free Trade Agreements for America??? Obama is verifiably NUTS or is he just an America Hating Psycopath?? ]
"I urge Congress to act on these ideas now," he
said, touting his administration's efforts to scrutinize government regulations
and look at ways to provide help for small businesses and start-ups.
[ Obama is a LIAR! You don't look for ways to
"help" " small businesses and start-ups. " by throwing the country into DEEPER
DEBT!! ]
Wednesday's news conference comes amid persistent
signals that the economic recovery has slowed. Obama has been stepping up his
promotion of job creation initiatives amid evidence that the state of the
economy has weakened his job approval standing with the public.
[ Well, we sure can't have Obama see his poll
numbers go into the dumpster, now can we? NEWSFLASH his poll numbers are
ALREADY in the trash can.....the driveby media just won't acknowledge
it on TV! ]
Obama's last full-blown news conference was in
March, when turmoil in Libya first drew in the U.S. military and the threatened
shutdown of the government was making headlines. Obama has since answered
questions in brief sessions with reporters during a European trip and during a
joint White House appearance with German Chancellor Angela Merkel.
Obama also recently announced a drawdown of U.S.
troops from Afghanistan, prompting criticism by some lawmakers that he was not
pulling enough forces out and by others that he was acting too precipitously.
