The Sky Isn't Falling...
This is in the category of finger pointing and what is being proposed by the Senate with RINO McConnell, almost singlehandedly being duped by Harry Reid, about the two month tax extension and where the blame for his incompetence really lies. If you appear to be incompetent, it usually starts with yourself Mitch. But he wants to now blame John Boehner, the Speaker of the House, for this latest legislative ruse. I'm not buying into it myself.
Fact one is that during the course of this past year the House of Representatives has sent over 16 job creations bills to the US Senate and under the guidance of Harry Reid, not one of them has reached the Senate floor for debate or consideration. Why? It has always been abour partisan politics and the coming election. It is all about them and nothing about the welfare of American taxpayers and workers.
The House passed a reasonable one year tax cut extension which included provisions to cut spending where necessary to pay for the cost of doing so. During the last extension the social security trust fund operated in the red because part of that cut was in worker contributions to the fund. It ran a $100 billion dollar deficit in the process. Obviously we can't keep doing that for too long as social security isn't on sound footing because of the nitwits we keep sending to Washinton DC to do their own bidding.. You see they know best and we don't know how to balance a budget. Or is that really the other way around?
The kicker out of the House was the inclusion of a provision that gives Obama 60 days to make a decision concerning the approval of the Keystone Pipeline or explain why it isn't in our national interest to do so. Well that doesn't sit real pretty like with King Obama because he wants to delay any decision until after the next election so he won't offend the tree huggers walking among us. This again is about politics, reelection and has nothing to do with the welfare of the American consumer, tax payer and worker. Recognize all this for what it is as we prepare to go to the polls once again.
The Senate has been on an obstructionist path since the last election because Harry Reid and his minions got their panties in a wad about losing control of the House. They speak of bipartisanship but what they really mean is it's their way or the highway and that is exactly what we have been seeing. Even the unions want the Keystone Pipeline to go forward. Why? Ask a pipe fitter.
Here's how the Senate proposes to pay for this tax extension, something the lame stream media isn't telling the Dancing With The Stars crowd. It is paid for by raising mortgage fees. Who pays those mortgage fees? I'll give you three guesses and the first two won't count. So it is okay to permanently raise those fees to ensure a two month extension? That's okay with Mitch McConnell? Then consider how such a move feeds Freddie Mac and Fannie Mae, who already operate at our expense, without one iota of reform impacting either of those agencies. Hope you're tracking all of this. Notice that it is paid for by raising fees (read - taxes) and nothing to do with cutting spending.
Lets swing over to the business side, you know those small businesses who are the prime engine of job creation. When a business plans, how long is the minimum they plan for? It happens to be a minimum of one year. We're not talking about planning for a birthday party but an entire business cycle. Here's the rub I have with McConnell over this. The GOP wants to place the blame on Obama and his party for creating the uncertainty surrounding businesses and job creations, and it is swirling around all us who own a business? So he wants to jump in the economic uncertainty boat with that pack of jackals and grab an oar. The smell of jet fuel must have been hitting the nostrils of the US Senators. Harry needed to get home and tend to his petunias.
To compound the stupidity of a two month extension more than one business expert has pointed out that businesses can't possibly implement what the US Senate just sit out. Here's a link to read a bit about that boo boo.
No Way Jose
- Two-Month Payroll Tax Holiday Passed By Senate, Pushed By President, Cannot Be Implemented Properly,
Officials from the policy-neutral National Payroll Reporting Consortium, Inc. have expressed concern to members of Congress that the two-month payroll tax holiday passed by the Senate and supported by President Obama cannot be implemented properly. P
The majority of the people sitting up there playing politics with our money are just that - career politicians who don't have a clue how to get Foggy Bottom out of the way of economic growth and prosperity. McConnell is right in there with them. He is part of the Washington DC problem, not the solution. His attitude is, "Well we've always done it this way." That is what has exacerbated and perpetuated the problems this nation faces. Doing it that way without understanding what they are doing and expecting a different result is called what?
So quit pointing the finger at the Speaker of the House. That body sent you a rather decent bill which actually addressed some of the problems rather than continuing to kick the can down the road for two more months. It's sickening to watch but we're having to watch it. We can only blame ourselves because we continue to send the clueless back over and over again to perpetuate the idea that "we've always done business this way." It is now pounding actual "business" into oblivion due to the uncertainty that the scoundrels themselves have foisted upon the nation.
It's time that the US Senate get another whiff of jet fuel back in their nasal passages and get back to Washington DC and finish the process of legislative negotiation rather than run home like a bunch of wimps thinking their absence will make it all better. Maybe it very well could when I think about it.
Merry Christmas and as always,
The Frog Prince
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