Lindy’s Blog: Where Mom is Always Right

February 24, 2009

The worst prescription for what ails us.

Filed under: conservatism,politics — by lindyborer @ 8:11 am
Tags: , , , , , , ,

A government big enough to give you everything you want, is big enough to take away everything you have.” – Thomas Jefferson

Is anyone else scratching their heads regarding Obama’s latest quest?  Hey, let’s pass the biggest spending bill in history–like, in the history of the world–and now let’s promise to cut it back in half by doing what history has shown NEVER WORKS.  Let’s raise taxes.   On the rich.  Except, “rich” in this case probably means “you.”  Let’s see class, what is the number one rule for recessions?  Never raise  taxes during one.  Aw, screw “history” and “facts.”  Who needs ’em? 

Yes, I’ll admit it.  I’m confused.  If Obama’s so concerned about the deficit all of the sudden, shouldn’t he be more concerned with reducing spending?  (The short answer is, of course, yes.) 

Up goes the marginal tax rate, up goes the capital gains tax.  Down goes the stock market.  Again. 

But, let’s forget all of that for a moment, if you please.  I humbly propose that Obama realizes one thing:  The population of Americans that have caught hopenchange fever really haven’t a clue what the hell raising capital gains tax even means in the first place.  Really.  Sadly, there’s a whole population of people out there who  care more about feeling good about themselves and the government than in reducing the deficit.   They have sadly been duped by the class warfare rhetoric upon which Democrats (and Obama, especially) depend.  It sounds so “good” and “right” to say “soak the rich!”  But people fail to understand the fact that it is the owners of businesses who employ other people.  And if they have to spend a sizable portion of their profits in taxes, the incentive to employ more diminishes.  That’s why people get laid off.  Whether you want to hear it or not, the rich pay the majority of taxes in the first place.  And, contrary to what Obama wants us to believe, those who are going to bear the brunt of this–Obama’s “rich”—are going to be hard-working small business owners.

In Obama’s America, the American dream is only allowable up to a certain point.  That’s ludicrous.   

 But it goes even further than that:  There are a whole lot of people who fail to understand that the more government grows, the less freedom we have. 

Obama is a smart man.  I happen to believe that he’s smart enough to look at history and see what has worked and what has not.  So, it leads me to one conclusion:  These actions are deliberate.  Calculated.  And it’s all about power.  And that should be really troubling to a whole lot of people who love this country because of what has made it great:  Freedom.  And the possibilities to achieve and better one’s self.  The great fallacy of socialism is that it somehow equates “fairness” with “justice.”  It seeks to level the playing field to the lowest common denominator.  And it erodes the freedoms of the individual.  It punishes achievement and cripples incentives.  It invites stagnation and defeat.  

In Obama’s eyes, none of those things matter as long as you’re in a position of power.  And the scariest thing about all of this is that I truly believe that the man holds a grudge.  He gives me the creeps.  (Is that treasonous nowadays?)

Here is how conservative columnist Andrea Tantaros puts it:

Raising the taxes on those who already pay the most and businesses who create jobs is the worst prescription for what ails us.

Our fragile economy is very sensitive to marginal tax rates. By hiking them, we’re almost guaranteed mania in the markets. — For some reason they don’t react well when they hear that money will be taken away from them. Who does??

Until we see what Treasury Secretary Geithner has planned to address the real root of our woes, we will continue to sit and watch Obama rearrange the deck chairs on the Titanic. The president’s latest plan won’t just be taxing for businesses and anyone making money, it will likely take another toll on our markets. Last week Wall Street gave Democrats an “F.” Be prepared for another failing grade.

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4 Comments »

  1. Thanks for the great commentary – as usual!

    Tim

    Comment by Disciple Nations Alliance — February 24, 2009 @ 11:22 am |Reply

  2. I agree. IMHO, Obama does not want the economy to recover; he wants to expand government and it’s much easier to do that when people are hurting.

    It will be interesting to see how many times he uses “crisis” or “fear” and how many times he uses “hope”.

    I don’t think he’s very intelligent, nor well-read, nor well-meaning. He’s certainly charming. Some people think he’s narcissistic.

    Comment by MetNoesis — February 24, 2009 @ 11:29 am |Reply

  3. No matter how much I disagreed with W. Bush and thought he was running out country into the ground, I would never argue that he was doing anything that he didn’t think was for the best of the country. He and I just profoundly disagree on what is ‘best for the country.’ It’s one thing to claim that the President is doing something you believe is wrong, and anothing to claim that he’s abusing his power to his own sordid end, the country be damned, etc. etc. It’s no different than boasting he’s a terrorist with an evil plot to take over the world. That is ridiculous and entirely disrespectful and, frankly, truly unpatriotic!

    “In Obama’s America, the American dream is only allowable up to a certain point.” That is the most ludicrous statement I’ve ever heard. It’s one thing to have fundamentally different viewpoints on the role of government for our country, and another to express these fear-based, irrational, paranoid, whining accusations that are rooted in a firm state of DELUSION!

    Comment by Amir — February 27, 2009 @ 5:55 pm |Reply

  4. I wish I could share in your optimism (or is it gullibility?) Obama’s unheard-of spending and his raising of taxes, plus his radical and unprecedented expansion of the federal government, will undoubtedly change our country for the worse–it will bankrupt it. Every step he is taking is one toward completely socializing our country. And I am by no means the only person who knows he is actively stoking fear and panic in order to capitalize on that panic in order to push through with his agenda. Obama is himself creating a crisis of confidence: http://thehill.com/dick-morris/its-obama-spreading-panic-2009-02-24.html

    I used to be one of the people who thought, “I believe he has the best interest at heart for the country, I just don’t agree with how he wants to meet that end.” Unfortunately, my faith in his goodwill for this country is floundering rapidly. Anyone trying to do what’s best for a country in our current situation by doing what he is proposing either doesn’t have its best interests at heart, or they are insane.

    To desire to uphold our traditional capitalistic, democratic nation is patriotic. To sit back and let someone run this country into the ground is NOT patriotic.

    Comment by lindyborer — February 27, 2009 @ 8:39 pm |Reply


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