- The first thing you can expect is no tax cuts for anyone. I know he has said "I will give tax breaks to the middle class", but it doesn't match his actions in the past and his claims are quite frankly impossible. Obama has never voted for a tax cut while in the state senate of Illinois or while in the U.S. Senate. He is a liberal Democrat and they do not believe in tax cuts. Also, his claim is that "95% of working families will get a tax cut". That is impossible since nearly 40% of "working households" pay no federal taxes to begin with. What will happen is he will pull a Bill Clinton and say "I worked really hard to give you a tax cut but it's just not possible."
- You can expect a tax increase for everyone who is a federal tax payer. In 2010 the tax cuts enacted in 2003 expire. Those were the largest tax cuts in history so when they expire they will be the largest tax increases in history. This will stick a bayonet through the heart of the economy and job growth
- Gasoline will go back up to $4+ per gallon. He has voted against drilling in ANWR and also against opening the Gulf of Mexico for more drilling. The ban on drilling in the Gulf that just expired will be reinacted by a Democrat controlled congress and he will sign the bill. The expiration of that ban happened the exact same time the price of oil started dropping 50% so you can expect it to go right back up and even higher since OPEC has no fear of the U.S. drilling for our own oil. It's all supply and demand.
- Prices for everything will rise & there will be long lines for gasoline. His plan to try and force us to "alternative fuels" is radical. He plans to hit oil companies with "windfall profits" taxes for their "insane profit margin" of a whopping 8%. (I bet you didn't know that one since all they ever give you is the dollar figure. 8% is not a great profit margin.) Couple this with his the price controls that have been proposed and we're in big trouble. The Carter administration did the same exact thing and the oil companies answered by dropping production through the floor. Businesses are in business to make a profit so if you tax the poop out of them and tell them they cannot make a profit, they will just not make the product. Oil companies are not a charity and not a cash cow for government. This will result in even higher prices up to the limit imposed and then they will drop production. We'll have long lines and rationing just like we did in the '70s. Look it up if you don't believe me.
- Radio and TV will be censored. They call it the "fairness doctrine" but there is nothing fair about it at all. This was implemented once in the '70s too and its' sole purpose is to shut down any opposition to liberal Democrat policies. The main stream media has been 100% in the bag for the liberals and for Obama for years and they are not even hiding it this election. The only place you can get the opposing view is on talk radio or the internet so they want to shut it down. The "fairness doctrine" makes it impossible for a station manager to deal with all of the complaints filed against them under this doctrine. The station starts to lose money so they shut the format down and go to music so they don't have to deal with the doctrine, just like they did in the '70s. Of course, the "news" outlets are not covered by this so they can continue to tow the liberal line and shut down the opposition, just like the Soviet Union did.
- We will get socialized medicine. Ted Kennedy has already begun writing the bill from his sick bed. It has been his dream to give us socialized medicine just like Canada and Great Britain. It will be proposed and passed "in honor of Kennedy" since he is ill and Obama will sign it. There will be a complete takeover of our healthcare system by the government, the same guys we complain about at the post office, DMV, etc. So you can expect the same as Canada and Great Britain where they ration health care based on whether the government thinks you are worthy or not. Then you get to wait in line for months for life-saving urgent care like cancer treatment, dialisys, etc.
- Unions will be given free reign to intimidate employees to vote the way they want. This comes from the "Employee Free Choice Act". This act allows unions to come in and organize any company and keeps the company from being able to defend itself. It also gets rid of the secret ballot so employee votes are seen by union heads. The heads (thugs) know how you vote and they let you know it so if you vote against them you will be harrassed by the union bosses. Ask any union member who has spoken out against the union or dared to withdraw from it if you don't think harrassment really happens.
- Your 401K will become the property of the U.S. government. A proposal has been put forth to take your 401K and put it into social security. It removes the pre-tax contributions and puts your money into a system that is nearly bankrupt. They want to take your money to give it to someone else because they have stolen from social security for years and now baby boomers are retiring and withdrawing so they are in trouble. By the time you retire you can say goodby to your hard earned money. The stock market is a temoporary drop that will come back. Always has and always will as long as the government stays out of it.
- We will be attacked within his first year in office. Joe Biden has already said they will be tested. This test will come because our enemies know Obama is an appeaser so he will not defend our nation. Since Islam declared war on the west they have tested every president starting with Carter. They find the ones who are weak and they keep hitting us over and over. It happened during the Clinton years with several attacks on us plus the planning of the 9/11 attack during his administration. Bush fought back so we have not had another attack since 9/11 but we will be at their mercy since Obama will weaken our defenses by cutting their budgets to the bone...just like Carter did.
- We will not leave Iraq. Though I personally think this is a good thing, Obama's extreme base will not like it. He will get in office and say "we weren't told everything so we can't pull our troops out". The left is more than willing to make the U.S. lose a war when a Republican is in office for political power, but they will not try to lose when they are in office. That's not good for their own power.
- His policies, like Carter's, will take unemployment up to nearly 20%, inflation will be through the roof and the mortgage interest rates of 21% we experienced in the late '70s will most likely return.
Sunday, November 2, 2008
Obamanation
With all of the commercials coming out of the Obama campaign saying things that are 180° out of phase with what he has done or voted on in the past, you need to know what you can really expect from an Obama presidency. All of his proposals have been tried before so we do have history that shows exactly what happens. Here we go:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment