John McCain, George Bush and Huge Reasons To Fear a President Barack Obama And A Democrat Congress
Posted by Larry Perrault at 3:52 PM 1 comments
Labels: abortion, cap. Obama, defense, economy, education, Foreign, freedom, judge, judiciary, marriage, McCain, Pelosi, Reid, Security, social, speech
John McCain, George Bush and Huge Reasons to Fear a President Barack Obama and a Democrat Congress
I’m trying to make this catalog of casualties as succinct as possible. But perhaps more important is the comparison of Bush and McCain. Barack Obama has chained McCain to Bush. But, that’s a political lie of a man who has been a detestable posturer and manipulator. Perhaps the only way that McCain has resembled Bush is in his failure to crystallize the striking difference in the American mind. Peggy Noonan commented on the Obama hope of getting a huge turnout of new young voters: “These 18, 19 and 20 year old voters not only have not met a payroll, many have never been on a payroll. They live a lovely abstraction from reality.”
Hey, let’s be honest: in 2000, the only one of 14 Republican candidates whom I favored less than Bush was McCain. But now, I think the biggest difference may be the assertiveness that earned McCain the “maverick” label. I thought he was ambiguous about conservative principle and noisy about it. Bush on the other hand was ambiguous and quiet about it. Bush was cooperative with advice, but ineffective in making a case. Exhibit A) Bush proposed a plan to save Social Security and Medicare, which everyone knows (and now imminently) is in for crisis. Democrats predictably howled a scare about the venerable third-rail of politics. Bush couldn’t sell the problem, hung his head and went back into his hole. Bush weakly expressed his “preference” for life relative to the abortion issue. He couldn’t sell it (big surprise), hung his head and went back into his hole. A few years ago, Bush was apprised of potential problems with Fannie Mae and Freddie Mac and home mortgages. He presented a solution. Democrats denied the problem. Bush couldn’t sell it, hung his head and went back into his hole. These are just notable examples, but the consequence of the mortgage problem that became a crisis is the biggest reason the environment is so difficult for McCain and other Republicans today.
McCain has not been able to crystallize to the country what is the biggest and most consequential difference between him and Bush. Obama and Biden have hammered that there is little difference between them; even explicitly challenging that McCain could name one difference on economic policy. I think McCain should say that he respects Bush’s intentions for the country and his resolve in the Middle East (though he sometimes differed on tactics) but, the biggest difference IS on economic policy and it isn’t a small but a colossal one. Bush’s ineffectiveness in confronting the decades-old drift of government saw him and a Republican Congress to expand government at a rate not seen since Lyndon Johnson and a Democrat Congress, over forty years ago. Simply put, under McCain that wouldn’t have happened, nor probably the recent economic crisis. If he hasn’t sold that primarily, he has taken his eye off of the campaign ball.
But though hey were untethered by principle clarity, I also respect Bush’s intentions (I told you so’s aside), I never voted for Bush in either 2000 or 2004, and the aforementioned weaknesses were no surprise to me, a citizen of Texas where he was governor. But, philosophical difference notwithstanding, I’m voting (already have, actually) for McCain and with gusto and tearful prayer. His lifelong battle against unnecessary spending is a big reason. His character is another. I don’t have time to try to prioritize them, but they are all important. Here are ten reasons that Obama and a Democrat Congress would be a disaster:
1) A large reason is the recent massive insertion of the federal government into private commerce, administered by the Secretary of the Treasury? Bush’s Secretary of Treasury is bad enough. But O’bama’s Secretary of Treasury?” My blood runs cold. Even bigger, the federal government has just bought interest in the nation’s largest banks, not only insuring their accounts but insuring their businesses against failure, thus inviting reckless business practices. But even letting the federal nose in the door of the banking system is like leaving your children with a pedophile baby-sitter. Congress people with the ultimate source of
money under their noses? Democrats? Forget about it. They won’t even need to raise taxes for the money. After all, we are part OWNERS! As George Will said last week, “The assumption of all of this government injection into these industries is that it will be temporary and apolitical. Apolitical? Of course not!
There will be an irresistible urge to engage in industrial policy: for the government to pick winners….”
2) Economic Growth and Dynamism – Those who work for the largest corporations that can curry favor with the government will survive. But over 80% of Americans work for small and medium-sized businesses. Increased taxation and spending will mean unemployment (jobs lost or never materialized), inflation, and rising interest rates. Obama campaigns for poor and middle-class Americans. But ironically, those are exactly the ones who will be denied with the stagnation of smaller businesses and decreased potential for new ones. The very wealthy will be fine. They will be government’s pals. We have subsidized mega-businesses for a long time. The government has bailed out America’s largest insurance company and is a shareholder in its largest banks. On the horizon?: Under Democrats, I expect partial government ownership of auto makers and airlines, for starters. What will they do for smaller businesses? Zip. Many will be fried like ants under the government magnifying glass.
3) Freedom of Speech - The Fairness Doctrine, Political Speech and Union Card Check - Democrats in Congress are itching to regulate talk-radio. It’s the only forum they want to regulate and the only one that liberals don’t dominate. If you think that’s a coincidence, you might as well believe in the tooth fairy. Making talk radio stations equalize their time with liberal broadcasting that listeners won’t support, will just drive stations to change formats, killing talk radio. For
Liberals that would be victory. I would expect liberals to sanction what they would see as “politically incorrect speech, in the worst case even in churches and other religious forums. They are also waiting to remove the secret ballot from union votes, so workers are coerced to vote with union leaders.
4) Education – Greater Intrusion into the conduct and content of schools and Guaranteed Universal (Liberal) College Education. In the big picture, outside mathematics and the hard sciences, college education would be as blinkered as public grade schools, which may be a huge reason why Obama can mesmerize crowds with his extreme, dishonest and irresponsible rhetoric. And soon enough, college education would be similarly inadequate generally. A college graduate will be less literate than a high-school graduate 100 years ago.
5) Naive and Unprincipled Foreign Policy – Joe Biden said Obama would be tested. He will also be exploited by foreign agents. In the best case, that means little or no advancement in the world for the American values of liberty, equality, and human rights. In the worst case, it means physical danger for Americans and others.
6) Health Care – Barack Obama has been pretty vocal about universal health care for at least two years, as Democrats generally have been for many years. If Obama wins, they will have near total control, restrained only by the potential of Republicans to maintain a Senate filibuster. If they can’t, it’s coming. The reflexive response of a lot of people would be that universal health care would be a good thing. But, there are 2 VERY BIG problems. A) It poses another massive cost for an already overburdened country. And however that cost is paid; it will only continue to rise. As P.J. O’Rourke long ago said, “If you think health care is expensive now, wait until it becomes “free.” But EVEN MORE IMPORTANT THAN THAT, is the fact that if America follows other industrial nations in socializing medicine, the engine of medical progress will be doused. Today, other countries get the advantage of medical advances birthed in America.
When the incentive of private medical pharmaceutical and technological is removed, medical advances will be substantially slowed. There will be new drug and technological advances that never materialize. Personally with MS, that bodes poorly for new treatments. But, I’m only one guy with one problem.
Obviously, millions would suffer more than they otherwise might. The resources for research and development would be dramatically narrowed to beneficiaries of the National Institute for Health government bureaucracy that will itself absorb substantial resources.
7) Judges, Judges, Judges – In an interview recently published, Obama expressed his dissatisfaction with judicial failure to advance values beyond their constitutional duties. A court system populated with Obama nominees will impose all manner of contrived restrictions on all areas of society. The right to life will be dead for the balance of my lifetime and maybe permanently eviscerated. As I always say, that poses a fading of basic civility and consideration of others in all of American society.
8) ENDA/Gay Marriage – I don’t favor a Constitutional Amendment, but an Obama stacked judiciary will try to leverage the performance and recognition of homosexual marriage onto the entire country via the “full faith and credit” clause of The Constitution and that would be wrong. States should make and live with their own laws. And, homosexual marriage has failed on every ballot it has been tested, even in the most liberal states. In a few states, courts have defied the people’s will. An Obama-appointed Court would do that to the whole country.
9) Nancy Pelosi and Harry Reid- A Democratic Congress – These people and their Congressional cohorts would legislatively ride roughshod over American society. If you think Barack Obama would stand in their way, you are deluded. John McCain would.
10) Abolih the Electoral College? - This is a wish that is occasionally voiced by liberals and posed in schools as a matter of voter equality. It would require a Constitutional amendment, so I don’t know if it could be pushed pat enough states to vote away their power. But it, as most other things, is being
Showing posts with label Security. Show all posts
Showing posts with label Security. Show all posts
Sunday, November 2, 2008
John McCain, George Bush and Huge Reasons to Fear a President Barack Obama and a Democrat Congress
I’m trying to make this catalog of casualties as succinct as possible. But perhaps more important is the comparison of Bush and McCain. Barack Obama has chained McCain to Bush. But, that’s a political lie of a man who has been a detestable posturer and manipulator. Perhaps the only way that McCain has resembled Bush is in his failure to crystallize the striking difference in the American mind. Peggy Noonan commented on the Obama hope of getting a huge turnout of new young voters: “These 18, 19 and 20 year old voters not only have not met a payroll, many have never been on a payroll. They live a lovely abstraction from reality.”
Hey, let’s be honest: in 2000, the only one of 14 Republican candidates whom I favored less than Bush was McCain. But now, I think the biggest difference may be the assertiveness that earned McCain the “maverick” label. I thought he was ambiguous about conservative principle and noisy about it. Bush on the other hand was ambiguous and quiet about it. Bush was cooperative with advice, but ineffective in making a case. Exhibit A) Bush proposed a plan to save Social Security and Medicare, which everyone knows (and now imminently) is in for crisis. Democrats predictably howled a scare about the venerable third-rail of politics. Bush couldn’t sell the problem, hung his head and went back into his hole. Bush weakly expressed his “preference” for life relative to the abortion issue. He couldn’t sell it (big surprise), hung his head and went back into his hole. A few years ago, Bush was apprised of potential problems with Fannie Mae and Freddie Mac and home mortgages. He presented a solution. Democrats denied the problem. Bush couldn’t sell it, hung his head and went back into his hole. These are just notable examples, but the consequence of the mortgage problem that became a crisis is the biggest reason the environment is so difficult for McCain and other Republicans today.
McCain has not been able to crystallize to the country what is the biggest and most consequential difference between him and Bush. Obama and Biden have hammered that there is little difference between them; even explicitly challenging that McCain could name one difference on economic policy. I think McCain should say that he respects Bush’s intentions for the country and his resolve in the Middle East (though he sometimes differed on tactics) but, the biggest difference IS on economic policy and it isn’t a small but a colossal one. Bush’s ineffectiveness in confronting the decades-old drift of government saw him and a Republican Congress to expand government at a rate not seen since Lyndon Johnson and a Democrat Congress, over forty years ago. Simply put, under McCain that wouldn’t have happened, nor probably the recent economic crisis. If he hasn’t sold that primarily, he has taken his eye off of the campaign ball.
But though hey were untethered by principle clarity, I also respect Bush’s intentions (I told you so’s aside), I never voted for Bush in either 2000 or 2004, and the aforementioned weaknesses were no surprise to me, a citizen of Texas where he was governor. But, philosophical difference notwithstanding, I’m voting (already have, actually) for McCain and with gusto and tearful prayer. His lifelong battle against unnecessary spending is a big reason. His character is another. I don’t have time to try to prioritize them, but they are all important. Here are ten reasons that Obama and a Democrat Congress would be a disaster:
1) A large reason is the recent massive insertion of the federal government into private commerce, administered by the Secretary of the Treasury? Bush’s Secretary of Treasury is bad enough. But O’bama’s Secretary of Treasury?” My blood runs cold. Even bigger, the federal government has just bought interest in the nation’s largest banks, not only insuring their accounts but insuring their businesses against failure, thus inviting reckless business practices. But even letting the federal nose in the door of the banking system is like leaving your children with a pedophile baby-sitter. Congress people with the ultimate source of
money under their noses? Democrats? Forget about it. They won’t even need to raise taxes for the money. After all, we are part OWNERS! As George Will said last week, “The assumption of all of this government injection into these industries is that it will be temporary and apolitical. Apolitical? Of course not!
There will be an irresistible urge to engage in industrial policy: for the government to pick winners….”
2) Economic Growth and Dynamism – Those who work for the largest corporations that can curry favor with the government will survive. But over 80% of Americans work for small and medium-sized businesses. Increased taxation and spending will mean unemployment (jobs lost or never materialized), inflation, and rising interest rates. Obama campaigns for poor and middle-class Americans. But ironically, those are exactly the ones who will be denied with the stagnation of smaller businesses and decreased potential for new ones. The very wealthy will be fine. They will be government’s pals. We have subsidized mega-businesses for a long time. The government has bailed out America’s largest insurance company and is a shareholder in its largest banks. On the horizon?: Under Democrats, I expect partial government ownership of auto makers and airlines, for starters. What will they do for smaller businesses? Zip. Many will be fried like ants under the government magnifying glass.
3) Freedom of Speech - The Fairness Doctrine, Political Speech and Union Card Check - Democrats in Congress are itching to regulate talk-radio. It’s the only forum they want to regulate and the only one that liberals don’t dominate. If you think that’s a coincidence, you might as well believe in the tooth fairy. Making talk radio stations equalize their time with liberal broadcasting that listeners won’t support, will just drive stations to change formats, killing talk radio. For
Liberals that would be victory. I would expect liberals to sanction what they would see as “politically incorrect speech, in the worst case even in churches and other religious forums. They are also waiting to remove the secret ballot from union votes, so workers are coerced to vote with union leaders.
4) Education – Greater Intrusion into the conduct and content of schools and Guaranteed Universal (Liberal) College Education. In the big picture, outside mathematics and the hard sciences, college education would be as blinkered as public grade schools, which may be a huge reason why Obama can mesmerize crowds with his extreme, dishonest and irresponsible rhetoric. And soon enough, college education would be similarly inadequate generally. A college graduate will be less literate than a high-school graduate 100 years ago.
5) Naive and Unprincipled Foreign Policy – Joe Biden said Obama would be tested. He will also be exploited by foreign agents. In the best case, that means little or no advancement in the world for the American values of liberty, equality, and human rights. In the worst case, it means physical danger for Americans and others.
6) Health Care – Barack Obama has been pretty vocal about universal health care for at least two years, as Democrats generally have been for many years. If Obama wins, they will have near total control, restrained only by the potential of Republicans to maintain a Senate filibuster. If they can’t, it’s coming. The reflexive response of a lot of people would be that universal health care would be a good thing. But, there are 2 VERY BIG problems. A) It poses another massive cost for an already overburdened country. And however that cost is paid; it will only continue to rise. As P.J. O’Rourke long ago said, “If you think health care is expensive now, wait until it becomes “free.” But EVEN MORE IMPORTANT THAN THAT, is the fact that if America follows other industrial nations in socializing medicine, the engine of medical progress will be doused. Today, other countries get the advantage of medical advances birthed in America.
When the incentive of private medical pharmaceutical and technological is removed, medical advances will be substantially slowed. There will be new drug and technological advances that never materialize. Personally with MS, that bodes poorly for new treatments. But, I’m only one guy with one problem.
Obviously, millions would suffer more than they otherwise might. The resources for research and development would be dramatically narrowed to beneficiaries of the National Institute for Health government bureaucracy that will itself absorb substantial resources. Judges, Judges, Judges – In an interview recently published, Obama expressed his dissatisfaction with judicial failure to advance values beyond their constitutional duties. A court system populated with Obama nominees will impose all manner of contrived restrictions on all areas of society. The right to life will be dead for the balance of my lifetime and maybe permanently eviscerated. As I always say, that poses a fading of basic civility and consideration of others in all of American society.
7) ENDA/Gay Marriage – I don’t favor a Constitutional Amendment, but an Obama stacked judiciary will try to leverage the performance and recognition of homosexual marriage onto the entire country via the “full faith and credit” clause of The Constitution and that would be wrong. States should make and live with their own laws. And, homosexual marriage has failed on every ballot it has been tested, even in the most liberal states. In a few states, courts have defied the people’s will. An Obama-appointed Court would do that to the whole country.
8) Nancy Pelosi and Harry Reid- A Democratic Congress – These people and their Congressional cohorts would legislatively ride roughshod over American society. If you think Barack Obama would stand in their way, you are deluded. John McCain would.
9) Abolih the Electoral College? - This is a wish that is occasionally voiced by liberals and posed in schools as a matter of voter equality. It would require a Constitutional amendment, so I don’t know if it could be pushed pat enough states to vote away their power. But it, as most other things, is being
I’m trying to make this catalog of casualties as succinct as possible. But perhaps more important is the comparison of Bush and McCain. Barack Obama has chained McCain to Bush. But, that’s a political lie of a man who has been a detestable posturer and manipulator. Perhaps the only way that McCain has resembled Bush is in his failure to crystallize the striking difference in the American mind. Peggy Noonan commented on the Obama hope of getting a huge turnout of new young voters: “These 18, 19 and 20 year old voters not only have not met a payroll, many have never been on a payroll. They live a lovely abstraction from reality.”
Hey, let’s be honest: in 2000, the only one of 14 Republican candidates whom I favored less than Bush was McCain. But now, I think the biggest difference may be the assertiveness that earned McCain the “maverick” label. I thought he was ambiguous about conservative principle and noisy about it. Bush on the other hand was ambiguous and quiet about it. Bush was cooperative with advice, but ineffective in making a case. Exhibit A) Bush proposed a plan to save Social Security and Medicare, which everyone knows (and now imminently) is in for crisis. Democrats predictably howled a scare about the venerable third-rail of politics. Bush couldn’t sell the problem, hung his head and went back into his hole. Bush weakly expressed his “preference” for life relative to the abortion issue. He couldn’t sell it (big surprise), hung his head and went back into his hole. A few years ago, Bush was apprised of potential problems with Fannie Mae and Freddie Mac and home mortgages. He presented a solution. Democrats denied the problem. Bush couldn’t sell it, hung his head and went back into his hole. These are just notable examples, but the consequence of the mortgage problem that became a crisis is the biggest reason the environment is so difficult for McCain and other Republicans today.
McCain has not been able to crystallize to the country what is the biggest and most consequential difference between him and Bush. Obama and Biden have hammered that there is little difference between them; even explicitly challenging that McCain could name one difference on economic policy. I think McCain should say that he respects Bush’s intentions for the country and his resolve in the Middle East (though he sometimes differed on tactics) but, the biggest difference IS on economic policy and it isn’t a small but a colossal one. Bush’s ineffectiveness in confronting the decades-old drift of government saw him and a Republican Congress to expand government at a rate not seen since Lyndon Johnson and a Democrat Congress, over forty years ago. Simply put, under McCain that wouldn’t have happened, nor probably the recent economic crisis. If he hasn’t sold that primarily, he has taken his eye off of the campaign ball.
But though hey were untethered by principle clarity, I also respect Bush’s intentions (I told you so’s aside), I never voted for Bush in either 2000 or 2004, and the aforementioned weaknesses were no surprise to me, a citizen of Texas where he was governor. But, philosophical difference notwithstanding, I’m voting (already have, actually) for McCain and with gusto and tearful prayer. His lifelong battle against unnecessary spending is a big reason. His character is another. I don’t have time to try to prioritize them, but they are all important. Here are ten reasons that Obama and a Democrat Congress would be a disaster:
1) A large reason is the recent massive insertion of the federal government into private commerce, administered by the Secretary of the Treasury? Bush’s Secretary of Treasury is bad enough. But O’bama’s Secretary of Treasury?” My blood runs cold. Even bigger, the federal government has just bought interest in the nation’s largest banks, not only insuring their accounts but insuring their businesses against failure, thus inviting reckless business practices. But even letting the federal nose in the door of the banking system is like leaving your children with a pedophile baby-sitter. Congress people with the ultimate source of
money under their noses? Democrats? Forget about it. They won’t even need to raise taxes for the money. After all, we are part OWNERS! As George Will said last week, “The assumption of all of this government injection into these industries is that it will be temporary and apolitical. Apolitical? Of course not!
There will be an irresistible urge to engage in industrial policy: for the government to pick winners….”
2) Economic Growth and Dynamism – Those who work for the largest corporations that can curry favor with the government will survive. But over 80% of Americans work for small and medium-sized businesses. Increased taxation and spending will mean unemployment (jobs lost or never materialized), inflation, and rising interest rates. Obama campaigns for poor and middle-class Americans. But ironically, those are exactly the ones who will be denied with the stagnation of smaller businesses and decreased potential for new ones. The very wealthy will be fine. They will be government’s pals. We have subsidized mega-businesses for a long time. The government has bailed out America’s largest insurance company and is a shareholder in its largest banks. On the horizon?: Under Democrats, I expect partial government ownership of auto makers and airlines, for starters. What will they do for smaller businesses? Zip. Many will be fried like ants under the government magnifying glass.
3) Freedom of Speech - The Fairness Doctrine, Political Speech and Union Card Check - Democrats in Congress are itching to regulate talk-radio. It’s the only forum they want to regulate and the only one that liberals don’t dominate. If you think that’s a coincidence, you might as well believe in the tooth fairy. Making talk radio stations equalize their time with liberal broadcasting that listeners won’t support, will just drive stations to change formats, killing talk radio. For
Liberals that would be victory. I would expect liberals to sanction what they would see as “politically incorrect speech, in the worst case even in churches and other religious forums. They are also waiting to remove the secret ballot from union votes, so workers are coerced to vote with union leaders.
4) Education – Greater Intrusion into the conduct and content of schools and Guaranteed Universal (Liberal) College Education. In the big picture, outside mathematics and the hard sciences, college education would be as blinkered as public grade schools, which may be a huge reason why Obama can mesmerize crowds with his extreme, dishonest and irresponsible rhetoric. And soon enough, college education would be similarly inadequate generally. A college graduate will be less literate than a high-school graduate 100 years ago.
5) Naive and Unprincipled Foreign Policy – Joe Biden said Obama would be tested. He will also be exploited by foreign agents. In the best case, that means little or no advancement in the world for the American values of liberty, equality, and human rights. In the worst case, it means physical danger for Americans and others.
6) Health Care – Barack Obama has been pretty vocal about universal health care for at least two years, as Democrats generally have been for many years. If Obama wins, they will have near total control, restrained only by the potential of Republicans to maintain a Senate filibuster. If they can’t, it’s coming. The reflexive response of a lot of people would be that universal health care would be a good thing. But, there are 2 VERY BIG problems. A) It poses another massive cost for an already overburdened country. And however that cost is paid; it will only continue to rise. As P.J. O’Rourke long ago said, “If you think health care is expensive now, wait until it becomes “free.” But EVEN MORE IMPORTANT THAN THAT, is the fact that if America follows other industrial nations in socializing medicine, the engine of medical progress will be doused. Today, other countries get the advantage of medical advances birthed in America.
When the incentive of private medical pharmaceutical and technological is removed, medical advances will be substantially slowed. There will be new drug and technological advances that never materialize. Personally with MS, that bodes poorly for new treatments. But, I’m only one guy with one problem.
Obviously, millions would suffer more than they otherwise might. The resources for research and development would be dramatically narrowed to beneficiaries of the National Institute for Health government bureaucracy that will itself absorb substantial resources. Judges, Judges, Judges – In an interview recently published, Obama expressed his dissatisfaction with judicial failure to advance values beyond their constitutional duties. A court system populated with Obama nominees will impose all manner of contrived restrictions on all areas of society. The right to life will be dead for the balance of my lifetime and maybe permanently eviscerated. As I always say, that poses a fading of basic civility and consideration of others in all of American society.
7) ENDA/Gay Marriage – I don’t favor a Constitutional Amendment, but an Obama stacked judiciary will try to leverage the performance and recognition of homosexual marriage onto the entire country via the “full faith and credit” clause of The Constitution and that would be wrong. States should make and live with their own laws. And, homosexual marriage has failed on every ballot it has been tested, even in the most liberal states. In a few states, courts have defied the people’s will. An Obama-appointed Court would do that to the whole country.
8) Nancy Pelosi and Harry Reid- A Democratic Congress – These people and their Congressional cohorts would legislatively ride roughshod over American society. If you think Barack Obama would stand in their way, you are deluded. John McCain would.
9) Abolih the Electoral College? - This is a wish that is occasionally voiced by liberals and posed in schools as a matter of voter equality. It would require a Constitutional amendment, so I don’t know if it could be pushed pat enough states to vote away their power. But it, as most other things, is being
Monday, June 30, 2008
Social Security, Obama and McCain
See the promises made and broken in the introduction and history of FICA (Social Security, Medicare, Medicaid), below.
For you young people: Social Security payments today, are 12.4% of the first $90,000 an individual earns. 6.2% is deducted from the employee paycheck by the government. And, 6.2% is paid by the employer. However, that 6.2% is part of the employer’s cost of an employee. So, that is really their cost that cannot be paid to the employee. Thus, the 12.4% cost is ALL born by the employee. The employee “cost” is just more hidden taxation to deceive the average American, just like business taxes that are part of the cost of producing a product or service, which go onto the spreadsheet when calculating the profit that will justify the investment, in order to set the price. The self-employed or contract worker pays the full 12.4% straight out. Again, it is the consumer or end-user that bears the cost of the tax.
Barack Obama proposes to lift the $90,000 cap on FICA tax eligible earnings. Thus if we acknowledge that the worker bears the entire cost, someone who earns $150,000, will see a 12.4% FICA tax increase on the $60,000, or $7440 in additional taxes under Obama’s proposal. And, even adding this 12.4% to what EVERYONE in America earns over $90,000, the most optimistic liberals say that this additional revenue would almost cover (for a short period of time) the FICA shortfall that is now perched on America’s front porch. Other tax increases, benefit restrictions, and monetary inflation would still be needed to confront the established liabilities.
That is why it is so important that John McCain, who will work stronger than most to contain spending (certainly a great deal more than Bush has) is elected, and Barack Obama , who has promised many billions of dollars in new spending, is not. This urgent need for fiscal sobriety is why a strict conservative like OK Senator Tom Coburn is strongly supporting McCain, even though he has often disagreed with McCain, as many of us have: he knows that McCain is uncommonly strong against profligate spending. An Obama presidency with a Democrat-controlled Congress could make the economic woes of the Jimmy Carter years look like a picnic. Add to that thr damage of an activist judiciary generally and Supreme Court, spefically, and the potential danger to humanity and American security of an imprudent foreign policy. Vote McCain!
-------------------
Franklin Delano. Roosevelt
32nd. President, Democrat
Terms of Office March 4, 1933, to April 12, 1945
Franklin Delano. Roosevelt
introduced the Social Security (FICA) Program.
He promised:
1.) That participation in the Program would be Completely voluntary,
2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,
3.) That the money the participants elected to put Into the Program would be deductible from Their income for tax purposes each year,
4.) That the money the participants put into the Independent 'Trust Fund' rather than into the General operating fund, and therefore, would Only be used to fund the Social Security Retirement Program, and no other Government program, and
5.) That the annuity payments to the retirees would never be taxed as income.
Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxe d< span class="Apple-converted-space"> on 85% of the money we paid to the Federal government to < SPAN style="FONT-SIZE: 10pt; COLOR: red">'Put Away' -- you may be interested in the following:
Lyndon Baines Johnson 36th.President, Democrat
Term Of Office: November 22, 1963 to January 20, 1969
Question: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so thatCongress could spend it?
Answer: It was Lyndon B. Johnson
and the democratically Controlled House and Senate.
Question: Which Political Party eliminated the income tax Deduction for Social Security (FICA) withholding?
Answer: The Democratic Party.
William Jefferson Clinton
(Bill Clinton)
42nd. President
Democrat
Term of Office: January 20, 1993to January 20, 2001
Albert Arnold Gore, Jr.
(Al Gore)
45th. Vice President
Democrat
Term of Office: January 20, 1993to January 20, 2001
Question: Which Political Party started taxing Social Security annuities?
Answer: The Democratic Party, with Albert Arnold Gore, Jr. (Al Gore) [Vice President
Term of Office: January 20, 1993 to January 20, 2001] casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US .
James Earl Carter, Jr
(Jimmy Carter)
39th. President, Democrat
Term of Office: January 20, 1977 to January 20, 1981 Question:
Which Political Party decided to start giving Annuity payments toimmigrants?
AND MY FAVORITE:
Answer: That's right!
James Earl Carter, Jr. (Jimmy Carter) and the Democratic Party.
Immigrants moved into this country, and at age 65, began to receive Social Security payments!
The Democratic Party gave these payments to them, even though they never paid a dime into it!
Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it!
If enough people receive this, maybe a seed of Awareness will be planted and maybe changes will Evolve. Maybe not, some Democrats are awfully Sure of what isn't so.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!
Thomas Jefferson
3rd. President, Democrat
Term of Office: March 4, 1801 to March 4, 1809
'A government big enough to give you everything you want, is strong enough to take everything you have.'
- Thomas Jefferson
For you young people: Social Security payments today, are 12.4% of the first $90,000 an individual earns. 6.2% is deducted from the employee paycheck by the government. And, 6.2% is paid by the employer. However, that 6.2% is part of the employer’s cost of an employee. So, that is really their cost that cannot be paid to the employee. Thus, the 12.4% cost is ALL born by the employee. The employee “cost” is just more hidden taxation to deceive the average American, just like business taxes that are part of the cost of producing a product or service, which go onto the spreadsheet when calculating the profit that will justify the investment, in order to set the price. The self-employed or contract worker pays the full 12.4% straight out. Again, it is the consumer or end-user that bears the cost of the tax.
Barack Obama proposes to lift the $90,000 cap on FICA tax eligible earnings. Thus if we acknowledge that the worker bears the entire cost, someone who earns $150,000, will see a 12.4% FICA tax increase on the $60,000, or $7440 in additional taxes under Obama’s proposal. And, even adding this 12.4% to what EVERYONE in America earns over $90,000, the most optimistic liberals say that this additional revenue would almost cover (for a short period of time) the FICA shortfall that is now perched on America’s front porch. Other tax increases, benefit restrictions, and monetary inflation would still be needed to confront the established liabilities.
That is why it is so important that John McCain, who will work stronger than most to contain spending (certainly a great deal more than Bush has) is elected, and Barack Obama , who has promised many billions of dollars in new spending, is not. This urgent need for fiscal sobriety is why a strict conservative like OK Senator Tom Coburn is strongly supporting McCain, even though he has often disagreed with McCain, as many of us have: he knows that McCain is uncommonly strong against profligate spending. An Obama presidency with a Democrat-controlled Congress could make the economic woes of the Jimmy Carter years look like a picnic. Add to that thr damage of an activist judiciary generally and Supreme Court, spefically, and the potential danger to humanity and American security of an imprudent foreign policy. Vote McCain!
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Franklin Delano. Roosevelt
32nd. President, Democrat
Terms of Office March 4, 1933, to April 12, 1945
Franklin Delano. Roosevelt
introduced the Social Security (FICA) Program.
He promised:
1.) That participation in the Program would be Completely voluntary,
2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,
3.) That the money the participants elected to put Into the Program would be deductible from Their income for tax purposes each year,
4.) That the money the participants put into the Independent 'Trust Fund' rather than into the General operating fund, and therefore, would Only be used to fund the Social Security Retirement Program, and no other Government program, and
5.) That the annuity payments to the retirees would never be taxed as income.
Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxe d< span class="Apple-converted-space"> on 85% of the money we paid to the Federal government to < SPAN style="FONT-SIZE: 10pt; COLOR: red">'Put Away' -- you may be interested in the following:
Lyndon Baines Johnson 36th.President, Democrat
Term Of Office: November 22, 1963 to January 20, 1969
Question: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so thatCongress could spend it?
Answer: It was Lyndon B. Johnson
and the democratically Controlled House and Senate.
Question: Which Political Party eliminated the income tax Deduction for Social Security (FICA) withholding?
Answer: The Democratic Party.
William Jefferson Clinton
(Bill Clinton)
42nd. President
Democrat
Term of Office: January 20, 1993to January 20, 2001
Albert Arnold Gore, Jr.
(Al Gore)
45th. Vice President
Democrat
Term of Office: January 20, 1993to January 20, 2001
Question: Which Political Party started taxing Social Security annuities?
Answer: The Democratic Party, with Albert Arnold Gore, Jr. (Al Gore) [Vice President
Term of Office: January 20, 1993 to January 20, 2001] casting the 'tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US .
James Earl Carter, Jr
(Jimmy Carter)
39th. President, Democrat
Term of Office: January 20, 1977 to January 20, 1981 Question:
Which Political Party decided to start giving Annuity payments toimmigrants?
AND MY FAVORITE:
Answer: That's right!
James Earl Carter, Jr. (Jimmy Carter) and the Democratic Party.
Immigrants moved into this country, and at age 65, began to receive Social Security payments!
The Democratic Party gave these payments to them, even though they never paid a dime into it!
Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!
And the worst part about it is uninformed citizens believe it!
If enough people receive this, maybe a seed of Awareness will be planted and maybe changes will Evolve. Maybe not, some Democrats are awfully Sure of what isn't so.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!
Thomas Jefferson
3rd. President, Democrat
Term of Office: March 4, 1801 to March 4, 1809
'A government big enough to give you everything you want, is strong enough to take everything you have.'
- Thomas Jefferson
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