Obama rant of the day
+10
Malicruiser
McCauley5983
bigredlaguna
JB2wheeler
TWBouska AKA Wooderson
74Malibu383
ant7377
Roadcaptain S3
77malibu77
Limey SE
14 posters
Page 2 of 2 • 1, 2
Re: Obama rant of the day
You guys are too hard on Obama. If you keep it up he might get his feelings hurt and go back to Iraq where his ancesterrs came from. JB
JB2wheeler- G3GM Fanatic
- Street Cred : 28
Re: Obama rant of the day
Got a nice Email today. Figured I'd share here instead of creating a new thread.
The Dude- Management
- Street Cred : 48
Re: Obama rant of the day
F@$#*&% AMEN TO THAT!!!!Rago wrote:Got a nice Email today. Figured I'd share here instead of creating a new thread.
Malicruiser- G3GM Member
- Street Cred : 7
Re: Obama rant of the day
im glad someone finnally took the time to break that down for those rocket scientists out there
McCauley5983- G3GM Enthusiast
- Street Cred : 14
Re: Obama rant of the day
I've seen that posted on comments to news articles about illegal immigrant. Too bad it makes sense and makes me want to go to work for cash only.
bigredlaguna- G3GM Senior Member
- Street Cred : 53
I forgot this.
Comments from a retree:
The case that originated in Federal District Court - Central Division in Santa Ana had "David A DeJute", the US Assistant Attorney General in Los Angeles representing Defendant Obama. No references to Kagan.
She would be cited if the case had gone to the Supreme Court. Now it will be someone else, but Kagan is on the Supreme Court.
Since this is in 9th Circuit Court of Appeals, it is not a sure thing that it will be dismissed. If they dismiss it, it would be appealed to the Supreme Court that should have final jurisdiction on it anyway.
FACTS are simple, Obama has "never proved that he is a natural born citizen because he can't and isn't". The birth place has nothing to do with it, although Plaintiff lawyers are going that direction. In the Dr. Orly Taitz case she believes Obama born in Mombasa, British Protectorate of Kenya would be a British citizen because the American mother was 18 years old. She believes there was a treaty or some kind of agreement between the USA and Great Britain where American mothers less than 19 years of age would give birth to British citizens, and if 19 years or older would give birth to American Citizens.
Still not relevant.
Fact that Obama, Sr. was British citizen at time of Obama's birth in 1961 makes him ineligible because "natural born citizen" means both parents were American Citizens. This was the situation for Barry Goldwater born in Arizona Territory instead of a State; the same for other past Supreme Court cases; and the same argument in the 110th Congress on a Judiciary Committee analyzing John McCain's eligibility for being born on a military base in Panama Canal region (to American Citizen parents).
I think if one of those lawyers for Plaintiffs narrows down the "natural born citizen" arguments in their opening briefs, it can be decided rather quickly.
One of the plaintiffs (two cases combined in the Appeals) wants California votes for Obama to be nullified, but that opens up a closed Pandora's Box (Electoral College). Without California's votes, Obama would be organizing a community somewhere in Kenya...
The case that originated in Federal District Court - Central Division in Santa Ana had "David A DeJute", the US Assistant Attorney General in Los Angeles representing Defendant Obama. No references to Kagan.
She would be cited if the case had gone to the Supreme Court. Now it will be someone else, but Kagan is on the Supreme Court.
Since this is in 9th Circuit Court of Appeals, it is not a sure thing that it will be dismissed. If they dismiss it, it would be appealed to the Supreme Court that should have final jurisdiction on it anyway.
FACTS are simple, Obama has "never proved that he is a natural born citizen because he can't and isn't". The birth place has nothing to do with it, although Plaintiff lawyers are going that direction. In the Dr. Orly Taitz case she believes Obama born in Mombasa, British Protectorate of Kenya would be a British citizen because the American mother was 18 years old. She believes there was a treaty or some kind of agreement between the USA and Great Britain where American mothers less than 19 years of age would give birth to British citizens, and if 19 years or older would give birth to American Citizens.
Still not relevant.
Fact that Obama, Sr. was British citizen at time of Obama's birth in 1961 makes him ineligible because "natural born citizen" means both parents were American Citizens. This was the situation for Barry Goldwater born in Arizona Territory instead of a State; the same for other past Supreme Court cases; and the same argument in the 110th Congress on a Judiciary Committee analyzing John McCain's eligibility for being born on a military base in Panama Canal region (to American Citizen parents).
I think if one of those lawyers for Plaintiffs narrows down the "natural born citizen" arguments in their opening briefs, it can be decided rather quickly.
One of the plaintiffs (two cases combined in the Appeals) wants California votes for Obama to be nullified, but that opens up a closed Pandora's Box (Electoral College). Without California's votes, Obama would be organizing a community somewhere in Kenya...
74chick- G3GM Member
- Street Cred : 6
Re: Obama rant of the day
And this,
Subject: HERE IT IS IN A NUT SHELL, LOOK IT UP FOR YOURSELVES- Supreme Ct appointment
> Did Snopes lie about Obama's birth certificate?
>>
> >
>> Well, someone figured out why Obama nominated Elana Kagan for the Supreme Court.... Pull up the Supreme Courts website, go to the docket and search for Obama. She was the Solicitor General for all the suits against him filed with the Supreme Court to show proof of natural born citizenship. He owes her big time. All of the requests were denied of course. They were never heard. It just keeps getting deeper and deeper, doesn't it? The American people mean nothing any longer. It's all about payback time for those that compromised themselves to elect someone that really has no true right to even be there. We should be getting so sick of all of this nonsense. The USA has become the laughing stock of the world.
>>
>>
>> Links are included below:
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09-724.htm
>>
> >
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-10382.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-8145.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09-581.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09a381.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08m38.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-10382.htm
Subject: HERE IT IS IN A NUT SHELL, LOOK IT UP FOR YOURSELVES- Supreme Ct appointment
> Did Snopes lie about Obama's birth certificate?
>>
> >
>> Well, someone figured out why Obama nominated Elana Kagan for the Supreme Court.... Pull up the Supreme Courts website, go to the docket and search for Obama. She was the Solicitor General for all the suits against him filed with the Supreme Court to show proof of natural born citizenship. He owes her big time. All of the requests were denied of course. They were never heard. It just keeps getting deeper and deeper, doesn't it? The American people mean nothing any longer. It's all about payback time for those that compromised themselves to elect someone that really has no true right to even be there. We should be getting so sick of all of this nonsense. The USA has become the laughing stock of the world.
>>
>>
>> Links are included below:
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09-724.htm
>>
> >
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-10382.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-8145.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09-581.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/09a381.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08m38.htm
>>
>>
>>
>>
>> http://www.supremecourt.gov/Search.aspx?FileName=/docketfiles/08-10382.htm
74chick- G3GM Member
- Street Cred : 6
Re: Obama rant of the day
and people tell me im crazy when the evidence is beating em in the head with a stick
McCauley5983- G3GM Enthusiast
- Street Cred : 14
Re: Obama rant of the day
---
Subject: WOW - I had no idea
In
1952
President Truman
established one day a year as a
"National Day of Prayer."
----------------------------------------------------------------------------------------------------------------------------
In
1988
President Reagan
designated the
First Thursday in May of each year as
the National Day of Prayer.
---------------------------------------------------------------------------------------------------------------------------
In June
2007
(then)
Presidential
Candidate Barack Obama
declared that the USA
"Was no longer a
Christian nation."
---------------------------------------------------------------
This year
President Obama
canceled the
21st annual National Day
of Prayer ceremony
at the White
House under the ruse
Of "not wanting to offend anyone"
------------------------------------------------------------------------
BUT... on September 25, 2009
from 4 AM until 7 PM,
a National Day of Prayer
FOR THE MUSLIM RELIGION
was Held on Capitol Hill,
Beside the White House.
There were over 50,000 Muslims
in D.C. that day.
HE PRAYS WITH THE MUSLIMS!
I guess it Doesn't matter
if "Christians"
Are offended by this event -
We obviously
Don't count as
"anyone" Anymore.
The direction this country is headed
should strike fear in the heart of every Christian,
especially knowing that the
Muslim religion believes that if Christians cannot be
converted, they should be annihilated.
This is not a Rumor –
Go to the website
To confirm this info:
( http://www.islamoncapitolhill.com/ )
Pay particular attention to the very bottom of the page:
"OUR TIME HAS COME"
I hope that this information will stir your spirit.
74chick- G3GM Member
- Street Cred : 6
Re: Obama rant of the day
Little more comedy for you guys. This song was wrote about 10-15 years ago, btw.
The Dude- Management
- Street Cred : 48
Re: Obama rant of the day
Overwhelm The System
Wayne Allyn Root
Barrack Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within.
Barack Obama is my college classmate ( Columbia University , class of '83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward and Piven, two professors at Columbia University . They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival ... and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.
-- Universal health care. The health care bill had very little to do with health care. � It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn't care that giving free health care to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?
-- Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama's biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kickback hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama "spread the wealth around."
-- Make Puerto Rico a state. Why? Who's asking for a 51st state? Who's asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers But this has been Obama's plan all along. His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.
-- Legalize 12 million illegal immigrants. Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt America .. But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.
-- Stimulus and bailouts. Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). Al l those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America . The country goes broke, future generations face a bleak future, but Obama, the Democrat Party, government, and the unions grow more powerful. The ends justify the means.
-- Raise taxes on small business owners, high-income earners, and job creators. Put the entire burden on only the top 20 percent of taxpayers, redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama). Reagan wanted to dramatically cut taxes in order to starve the government. Obama wants to dramatically raise taxes to starve his political opposition.
With the acts outlined above, Obama and his regime have created a vast and rapidly expanding constituency of voters dependent on big government; a vast privileged class of public employees who work for big government; and a government dedicated to destroying capitalism and installing themselves as socialist rulers by overwhelming the system.
Add it up and you've got the perfect Marxist scheme -- all devised by my Columbia University college classmate Barack Obama using the Cloward and Piven Plan.
Wayne Allyn Root
Barrack Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within.
Barack Obama is my college classmate ( Columbia University , class of '83). As Glenn Beck correctly predicted from day one, Obama is following the plan of Cloward and Piven, two professors at Columbia University . They outlined a plan to socialize America by overwhelming the system with government spending and entitlement demands. Add up the clues below. Taken individually they're alarming. Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival ... and can be counted on to always vote for bigger government. Why not? They have no responsibility to pay for it.
-- Universal health care. The health care bill had very little to do with health care. � It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions). Obama doesn't care that giving free health care to 30 million Americans will add trillions to the national debt. What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?
-- Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming. It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama's biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants. They will kickback hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power. The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama "spread the wealth around."
-- Make Puerto Rico a state. Why? Who's asking for a 51st state? Who's asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers But this has been Obama's plan all along. His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.
-- Legalize 12 million illegal immigrants. Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt America .. But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.
-- Stimulus and bailouts. Where did all that money go? It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country. It went to save GM and Chrysler so that their employees could keep paying union dues. It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions). A staggering $125 billion went to teachers (thereby protecting their union dues). Al l those public employees will vote loyally Democrat to protect their bloated salaries and pensions that are bankrupting America . The country goes broke, future generations face a bleak future, but Obama, the Democrat Party, government, and the unions grow more powerful. The ends justify the means.
-- Raise taxes on small business owners, high-income earners, and job creators. Put the entire burden on only the top 20 percent of taxpayers, redistribute the income, punish success, and reward those who did nothing to deserve it (except vote for Obama). Reagan wanted to dramatically cut taxes in order to starve the government. Obama wants to dramatically raise taxes to starve his political opposition.
With the acts outlined above, Obama and his regime have created a vast and rapidly expanding constituency of voters dependent on big government; a vast privileged class of public employees who work for big government; and a government dedicated to destroying capitalism and installing themselves as socialist rulers by overwhelming the system.
Add it up and you've got the perfect Marxist scheme -- all devised by my Columbia University college classmate Barack Obama using the Cloward and Piven Plan.
74chick- G3GM Member
- Street Cred : 6
Re: Obama rant of the day
74chick wrote:
that is just perfect.
coreys73chevelle- G3GM Senior Member
- Street Cred : 8
Re: Obama rant of the day
74chick wrote:
---
Subject: WOW - I had no idea
In
1952
President Truman
established one day a year as a
"National Day of Prayer."
----------------------------------------------------------------------------------------------------------------------------
In
1988
President Reagan
designated the
First Thursday in May of each year as
the National Day of Prayer.
---------------------------------------------------------------------------------------------------------------------------
In June
2007
(then)
Presidential
Candidate Barack Obama
declared that the USA
"Was no longer a
Christian nation."
---------------------------------------------------------------
This year
President Obama
canceled the
21st annual National Day
of Prayer ceremony
at the White
House under the ruse
Of "not wanting to offend anyone"
------------------------------------------------------------------------
BUT... on September 25, 2009
from 4 AM until 7 PM,
a National Day of Prayer
FOR THE MUSLIM RELIGION
was Held on Capitol Hill,
Beside the White House.
There were over 50,000 Muslims
in D.C. that day.
HE PRAYS WITH THE MUSLIMS!
I guess it Doesn't matter
if "Christians"
Are offended by this event -
We obviously
Don't count as
"anyone" Anymore.
The direction this country is headed
should strike fear in the heart of every Christian,
especially knowing that the
Muslim religion believes that if Christians cannot be
converted, they should be annihilated.
This is not a Rumor –
Go to the website
To confirm this info:
( http://www.islamoncapitolhill.com/ )
Pay particular attention to the very bottom of the page:
"OUR TIME HAS COME"
I hope that this information will stir your spirit.
See what religion does. Extreme Christan's and extreme Muslims equal war.
JasonZ- G3GM Member
- Street Cred : 0
Re: Obama rant of the day
Subject: HR 4646, Pelosi's parting gift
One percent transaction tax is proposed/bill HR- 4646
The bill is HR-4646
One percent transaction tax is proposed
President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar.
This is a 1% tax on all transaction at any financial institution i. e. Banks, Credit Unions, extra. Any deposit you make, or move around within your account, i. e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged, If you take cash in to deposit, 1% tax charged.This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax.
Keep your eyes and ears open, you will be amazed at what you learn.
Lee Hoecherl
Washington Terrace
http://www.standard.net/node/44797
HR 4646-The Debt Free America Act
As many of you know recent polls show an utter mistrust between the citizens of this great country and its government. The reasons for this are many and another one has just reared its ugly head: HR 4646-The Debt Free America Act.
This wonderful sounding new bill that is making its way through committee in the House of Representatives is what I have dubbed the “Trojan Horse Tax” for reasons that I will explain below but first the text of the bill itself. You see I actually believe that we should READ THE BILL FIRST.
Debt Free America Act – States as purposes of this Act the raising of sufficient revenue from a fee on transactions to eliminate the national debt within seven years and the phasing out of the individual income tax. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument.
Defines “transaction” to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions. Establishes in the legislative branch the Bipartisan Task Force for Responsible Fiscal Action to review the fiscal imbalance of the federal government and make recommendations to improve such imbalance. Provides for expedited consideration by Congress of Task Force recommendations. Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States; and (2) study and report to Congress on the implementation of this Act. (Courtesy www.govtrack.us)
Immediately upon reading this people are taken in by the thought of abolishing the dreaded Income Tax Law. However, before you go swooning over this proposal and lend your support for this bill you should keep something in mind. Why would the federal government, which runs solely off of the income it collects from its citizens, kill the one thing that allows it to operate? It wouldn’t and that is where the “Trojan Horse” aspect of this tax comes into play. Just look at what this tax would entail:
Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines “transaction” to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions.
Ask yourself this question: How many “transactions” that would fall under this particular definition are you involved with every day? 10, 20, 30? Once you realize what this will mean you start to get the picture of what this is.
Let’s say hypothetically that you are involved with 10-20 “transactions” daily. Then instead of paying a 1% tax you have now just paid a 10-20% tax. do you see how easily this can snowball?
Most people won’t dispute a 1% tax. Especially when they believe it will go toward paying off the national debt. However, what most people won’t realize, until it is too late that is, is that this tax will grow exponentially over time until it’s much more than just a 1% tax.
As I said earlier, the government would not give up its sole source of income UNLESS they knew they had a better alternative which is what this is. The 1% figure is a foundational number that establishes the tax. Once in place the government can raise it at will. They can spend, spend, spend and then “adjust” the tax over time to make sure that all of this spending can be paid for.
There is another thing about this bill that gives it a “Trojan Horse” like aspect: it will affect everyone.
Think for a moment about the people that do NOT pay income taxes now. The poor, those on welfare, etc. According to the latest IRS compiled data roughly 50% of the people in this country do NOT pay income taxes. Personally I am all for everyone paying their fair share.
I feel that if you don’t pay taxes you should not be allowed to vote. After all, you don’t have any skin in the game so why should be involved with the outcome? But I digress.
This tax will ensnare those people who currently do NOT pay income taxes and when that little piece of news gets out you can bet there will be major opposition. Even they conduct “transactions” on a daily basis. With much less frequency I would imagine but they do it just the same. This realization will hit them hard.
The other thing that this tax does is provide another way for the government to “tax the rich” and redistribute wealth. More than any other demographic, the “rich” are more likely to be involved with financial transactions and to move money around.
Therefore this is a back-door way to tax them and to redistribute that wealth back to the government. However, this bill does NOT discriminate when it comes to who will be taxed…it hits everyone.
The government, Congress and those that are supposed to represent us keep asking themselves how it is that they could have lost the support of the American People to the point where they are no longer trusted. Yet they continue to put forward legislation that backs up the reasons behind that mistrust and if anything reinforces our reasons for feeling that way.
Just as the real Trojan Horse was a surprise tactic that wreaked havoc upon its target, this tax will have the very same effect. However, just like the real Trojan Horse, by the time the true reason behind it is revealed it will be too late.
http://unliberal.com/2010/09/28/hr-4...jan-horse-tax/
One percent transaction tax is proposed/bill HR- 4646
The bill is HR-4646
One percent transaction tax is proposed
President Obama's finance team is recommending a transaction tax. His plan is to sneak it in after the November election to keep it under the radar.
This is a 1% tax on all transaction at any financial institution i. e. Banks, Credit Unions, extra. Any deposit you make, or move around within your account, i. e. transfer to, will have a 1% tax charged. If your pay check or your social Security or whatever is direct deposit, 1% tax charged. If you hand carry a check in to deposit, 1% tax charged, If you take cash in to deposit, 1% tax charged.This is from the man who promised that if you make under $250,000 per year, you will not see one penny of new tax.
Keep your eyes and ears open, you will be amazed at what you learn.
Lee Hoecherl
Washington Terrace
http://www.standard.net/node/44797
HR 4646-The Debt Free America Act
As many of you know recent polls show an utter mistrust between the citizens of this great country and its government. The reasons for this are many and another one has just reared its ugly head: HR 4646-The Debt Free America Act.
This wonderful sounding new bill that is making its way through committee in the House of Representatives is what I have dubbed the “Trojan Horse Tax” for reasons that I will explain below but first the text of the bill itself. You see I actually believe that we should READ THE BILL FIRST.
Debt Free America Act – States as purposes of this Act the raising of sufficient revenue from a fee on transactions to eliminate the national debt within seven years and the phasing out of the individual income tax. Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument.
Defines “transaction” to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions. Establishes in the legislative branch the Bipartisan Task Force for Responsible Fiscal Action to review the fiscal imbalance of the federal government and make recommendations to improve such imbalance. Provides for expedited consideration by Congress of Task Force recommendations. Repeals after 2017 the individual income tax, refundable and nonrefundable personal tax credits, and the alternative minimum tax (AMT) on individuals. Directs the Secretary of the Treasury to: (1) prioritize the repayment of the national debt to protect the fiscal stability of the United States; and (2) study and report to Congress on the implementation of this Act. (Courtesy www.govtrack.us)
Immediately upon reading this people are taken in by the thought of abolishing the dreaded Income Tax Law. However, before you go swooning over this proposal and lend your support for this bill you should keep something in mind. Why would the federal government, which runs solely off of the income it collects from its citizens, kill the one thing that allows it to operate? It wouldn’t and that is where the “Trojan Horse” aspect of this tax comes into play. Just look at what this tax would entail:
Amends the Internal Revenue Code to impose a 1% fee, offset by a corresponding nonrefundable income tax credit, on transactions that use a payment instrument, including any check, cash, credit card, transfer of stock, bonds, or other financial instrument. Defines “transaction” to include retail and wholesale sales, purchases of intermediate goods, and financial and intangible transactions.
Ask yourself this question: How many “transactions” that would fall under this particular definition are you involved with every day? 10, 20, 30? Once you realize what this will mean you start to get the picture of what this is.
Let’s say hypothetically that you are involved with 10-20 “transactions” daily. Then instead of paying a 1% tax you have now just paid a 10-20% tax. do you see how easily this can snowball?
Most people won’t dispute a 1% tax. Especially when they believe it will go toward paying off the national debt. However, what most people won’t realize, until it is too late that is, is that this tax will grow exponentially over time until it’s much more than just a 1% tax.
As I said earlier, the government would not give up its sole source of income UNLESS they knew they had a better alternative which is what this is. The 1% figure is a foundational number that establishes the tax. Once in place the government can raise it at will. They can spend, spend, spend and then “adjust” the tax over time to make sure that all of this spending can be paid for.
There is another thing about this bill that gives it a “Trojan Horse” like aspect: it will affect everyone.
Think for a moment about the people that do NOT pay income taxes now. The poor, those on welfare, etc. According to the latest IRS compiled data roughly 50% of the people in this country do NOT pay income taxes. Personally I am all for everyone paying their fair share.
I feel that if you don’t pay taxes you should not be allowed to vote. After all, you don’t have any skin in the game so why should be involved with the outcome? But I digress.
This tax will ensnare those people who currently do NOT pay income taxes and when that little piece of news gets out you can bet there will be major opposition. Even they conduct “transactions” on a daily basis. With much less frequency I would imagine but they do it just the same. This realization will hit them hard.
The other thing that this tax does is provide another way for the government to “tax the rich” and redistribute wealth. More than any other demographic, the “rich” are more likely to be involved with financial transactions and to move money around.
Therefore this is a back-door way to tax them and to redistribute that wealth back to the government. However, this bill does NOT discriminate when it comes to who will be taxed…it hits everyone.
The government, Congress and those that are supposed to represent us keep asking themselves how it is that they could have lost the support of the American People to the point where they are no longer trusted. Yet they continue to put forward legislation that backs up the reasons behind that mistrust and if anything reinforces our reasons for feeling that way.
Just as the real Trojan Horse was a surprise tactic that wreaked havoc upon its target, this tax will have the very same effect. However, just like the real Trojan Horse, by the time the true reason behind it is revealed it will be too late.
http://unliberal.com/2010/09/28/hr-4...jan-horse-tax/
74chick- G3GM Member
- Street Cred : 6
Re: Obama rant of the day
In theory it does sound good, but the math doesn't add up. Not that I'm taking sides here, but 1% would stay 1% & not add up to 20 or 30%. Think about it this way. If you do ten separate 1% transactions for $10, you are getting charged $0.10 each time which equals $1. If you just done ONE $100 transaction, you are getting charged 1% of that transaction which is $1. There is no snowball effect. We already get charged sales tax on everything so a 1% increase is likely to not be noticed, especially by welfare recipients on their tax free food stamps.
Most notably, people with children under the age of 18 will get hurt the most due to the phasing out of personal income tax & the child credit that they will no longer receive. Also wealthy Americans will notice no more paying in every April. This bill would actually help the wealthy more than it would redistribute income to the poor. IMHO, that could be a good thing, because taxing the ones in power only makes them raise prices to maintain their income. By giving back to them, we might see prices come back down (gas, oil, food, clothing, etc.) & therefore we would be redistributing to ourselves.
The flip side is that we just allowed one more new tax that can be raised at will.
Most notably, people with children under the age of 18 will get hurt the most due to the phasing out of personal income tax & the child credit that they will no longer receive. Also wealthy Americans will notice no more paying in every April. This bill would actually help the wealthy more than it would redistribute income to the poor. IMHO, that could be a good thing, because taxing the ones in power only makes them raise prices to maintain their income. By giving back to them, we might see prices come back down (gas, oil, food, clothing, etc.) & therefore we would be redistributing to ourselves.
The flip side is that we just allowed one more new tax that can be raised at will.
The Dude- Management
- Street Cred : 48
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