This Is Far From Over!

Some Of You Asked For This

Tax And Spenders

The Democrats are known throughout history as being the "Tax & Spend" party. As I was reading today, I had to reflect back to the early parts of his administration when all the excessive spending was taking place, bailout mania was the name of the game and increased taxes were tucked away snuggly in the bills that the Democratic Congress passed and Smirky signed. I cautioned at that time that raising our taxes even more would be the next thing on the plate for our consumption.

I have a theory, and over time it has been proven more than a few times, that it is never a good idea for both houses of Congress and the Oval Office be under the same leadership of either political party. The system of checks and balances gets skewed based upon whose agenda is the order of the day. As I watched the 2008 election returns coming in, I knew we were headed down that road again. The American electorate should know better than to let this happen. I attribute it to having short memory spans. Here's what worried me and it turned out to be the case for the initial 2 years of the Obama reign.

The Democrats held Congress hostage from 2006 until 2008 with a Republican President they had to deal with. They held each other in check somewhat for what that was worth. Then in 2008 they added The Whine House to an already bad situation. Not only added it but installed the most unqualified, inexperienced snake oil salesman on the political scene to sit in that chair to warm the cushions. Congress loves to appropriate money. Have you ever noticed that? I said at the time that it wasn't a good time in our history to be having to go through on-the-job training (OJT) with someone of Smirksalot's background. It wasn't good timing as I easily prophesied, and I'm no prophet. It was so easy to see that Stevie Wonder couldn't miss it. .

The Democratic Congress was chomping at the bit to open up those tax payer purse strings and let the good times roll. They hadn't been in the position to do so for what seemed like ions to them. Yes, some of them have been sitting up there that long. They were further delighted that the Oval Office would have someone sitting there who had no idea, or clue, to even know how to run a lemonade stand, much less this country. He threw his Presidency under the Pelosi and Reid bus from the get go and we all witnessed the carnage of his first two years in office. He wasn't running the show, they were and it was very apparent.

Obama seems to be a day late and a dollar short in all of this. Unfortunately it appears that the dollar short falls to us - the American tax payer. He enters the fray at the last minute and it should be obvious to all who see it - he lacks the leadership abilities and traits to lead. For 18 months Congress wasted valuable time focusing on Obamacare. If you haven't seen all the hidden taxes contained therein, boy are you in for a shock on its effective date. That's primarily the Dem's strategy though - slide the taxes in under the radar as much as possible under the guise of doing something other than taxing the people. He slithered into that debate at the last minute as he has a tendency to do too.

The President stayed over the horizon concerning the deficit reduction as long as possible after this last election. Why? He wanted to see if the Republicans would act. After all, Obama never wants to be the bad guy. It didn't take too long for them to act. They knew what the mandate of the American electorate was when we shellacked his party in November 2010. The message was clear as a bell 1) cut out all the excessive spending 2) reduce the federal deficit and 3) business-as-usual in Foggy Bottom was unacceptable.

So this Wednesday night what should you expect for Obama to unveil in his plan to meet the long-term deficit reduction necessary to put this nation's fiscal status on a level of having a responsible government? The details are sketchy to say the least. The findings of the bi-partisan deficit reduction panel he himself appointed have been largely ignored. Why? The findings weren't going to win him any popularity contest if they started being implemented is the primary reason. Word of the dollar amount he will propose are a bit fuzzy, about as fuzzy as a wuzzy. But beware of his tax proposals. They'll be there.

The Democratic play book will be the same as it has always been. Raise taxes so you can continue on your way down the path of spending even more of our hard earned tax dollars. Yeah, that's the ticket! That isn't the answer, nor the actions that the electorate were mandating this past November. It's all about reducing SPENDING stupid, not raising taxes so you'll have more money to piss down a hole. Raising taxes by revoking the Bush tax cuts won't put a dent in our national debt and most economists are stating that fact. Raising taxes during these economic times will have a detrimental effect on the economy's recovery. That's is also a pretty well known fact of economics. Besides the fact that the move will dim his chances of reelection even further, what else is new?

As of a few seconds ago when I looked at the Nation Debt Clock, every tax payer in the country would have to stroke a check for $45.916.00 to wipe out the national deficit, not to include the unfunded liabilities. Are you prepared to do that?

Stay tuned. It took Paul Ryan and his group a long spell to put their proposal together and now along comes Obama, at the last minute as usual, to unveil his fix to the problem. Hang onto your wallets my fellow Americans. The federal pick pockets are amongst us.

It's always so much easier to spend someone else's money rather than your own now, isn't it?

Have a nice day.

The Frog Prince

Listen Closely Now

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Comments 44 comments

rkhyclak profile image

rkhyclak 5 years ago from Ohio

Well, I hate to tell Obama, but I haven't a dime to spare and I doubt many of us do. I think it's time to tell him to go barking up someone else's leg for a handout. It's certainly going to be interesting to see what his "heroic plan" is. Probably written out with a red crayon on a piece of notebook paper, hastily thrown together and no plans for implementation. How could it be any other way? He's had a whole 4 days to come up with it. Yeah, there's a good way to run a nation.


TheManWithNoPants profile image

TheManWithNoPants 5 years ago from Tucson, Az.

Good read Frog. Yep, Obama is already suggesting higher taxes on upper income with cuts to medicare and medicade. WHERE'S THAT DAMN BIRTH CERTIFICATE?!

j


Partisan Patriot 5 years ago

Froggy

The democRATS' modus Operandi is tax the rich; who's the rich; everyone! Rich to democRATS means anyone who works for a living. You see my hopping friend if you work you are paid money that is the rightful property of the Obama Regime.

It's akin to living in Feudal Europe wherein everything that breathed was considered property of the king. If your family was starving and you killed a dear for meat you in essence had stolen one of the King’s Dear and as such must be punished.

So they look at all money earned as property of their Regime to be confiscated and redistributed as they see fit. Nothing belongs to the individual under the Obama Regime so rich is an ambiguous and nebulous term. Everyone that works for a living is rich and their earning are subject to confiscation.

That my friend is the Obama Regime Philosophy!


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

jim - He's already broken the majority of his campaign promises. He has also not even come close to what he said in the video above. That what we get when we send an empty suit up to Foggy Bottom to pretend he is the our President.

The Donald, now having private investigators in Hawaii, may just have Oblabber a bit nervous. I'm sure they are the finest investigators that money can buy. If there is a long form BC, I betcha they find it.


breakfastpop profile image

breakfastpop 5 years ago

Clearly this mess is all the fault of our aging population and all those rich people. This s going to get mighty ugly. Up and awesome.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

BPOP His cure for us aging baby boomers is Obamacare. I am just waiting for my end of life counselling to begin.


alastar packer 5 years ago

As you know FP, predators always go after what they perceive as the weakest first, and then work their way up. Superb article, spot on. It will be interesting to see how the Barry-certificate plays out.Thanks Frog.


alanlsg profile image

alanlsg 5 years ago from The World

Hi FP another beaut of a blog and very informative, looks like USA and EU all in the same boat with different paddlers. Must make the BRIC countries smile as they will overhaul and surpass us all.

Brazil. Russia, India and China are the new economic powerhouses that is a certainty and I ain't no prophet either just well read and hopefully well rounded but no beer belly :-))


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

In the meantime, while Obama dithers and refuses to allow off-shore drilling to any real extent, gasoline is predicted to rise above $5 by Memorial Day.

That means higher prices on virtually everything, an economic downturn into a double-dip recession, and even higher unemployment.

We could see a real American insurrection this summer. We could see a president forced to resign as incompetent.


LRCBlogger profile image

LRCBlogger 5 years ago

Froggy, I think the one sided argument of "it's the Dems fault" or "its the Republicans fault" is severely flawed. Both parties have overspent, raised taxes, and put us in this mess. I blame the general public more than the lawmakers. How many people bother to follow up with their lawmakers and make their voice heard after the elections? (how many even bother to vote?)


munirahmadmughal profile image

munirahmadmughal 5 years ago from Lahore, Pakistan.

"This is Far from Over".

The Hub is expression of freedom of speech.

The best way seems to state the problem and suggest the solution or solutions in clear terms.

When everything is discussed and debated at proper forums such suggestions would come to notice and better solutions will be available for any sort of problems.

May God bless all every where.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

LRC - Right now, all I can focus on is the present, not the past. Both parties, and I'm a member of neither, have been permeated over time by corruption. My position is that in the future we need to return the running of the government over to the common man and ditch professional politicians. The common man has commons sense and what we have been seeing for a couple of decades is a lack thereof.

It'll take some time and some work but it can be done.


LRCBlogger profile image

LRCBlogger 5 years ago

I believe it can as well. I think the first step is passing campaign finance reform laws (Fair Elections Now Act).

Step 1: Remove money from politics

- Politicians then serve the people and lobbyist become worthless because they are just one voter with no money to give. Their rein of influence ends.

Step 2: Pass a balanced budget ammendment

Step 3: Make it a law that congress has to live with all of the same benefits, laws, and regulations as the American people.

Problem solved.


b. Malin profile image

b. Malin 5 years ago

Always easier to Spend someone else's especially if it's the Tax Payers money...They need to remember whom they are serving...big surprise, it's the American People. Well written Hub, as usual Froggy.


Stu From VT 5 years ago

Frog,

Forget about Obama cutting the deficit in half (although Ryan's plan would do it).

Maybe we could cut Obama in half.

Stu


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

LRC - You sounded like a conservative there. I was shocked.


Ghost32 5 years ago

Actually, I blame myself. After being relatively "awake" from 1992-1995, it was nappy-poo time again until Obama's first 2008 campaign appearnance on our Colorado TV set. Obama's done plenty of damage, no question about it, but I %$@##!! shoulda been doin' my job during those 13 in-between years when the road to destruction was being paved daily. Duh.


Jeremey profile image

Jeremey 5 years ago from Arizona

Next their gonna try to sell us the treasuries.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

The American public is already on the hook for about half of the treasuries floating around out there Jeremy. They aren't somewhere I'd put any of my hard earned cash.


Stu From VT 5 years ago

Jeremey,

Don't get shocked if there is a mass dumping of treasuries already issued. Market values would tank, and rates for new issues would skyrocket. The issue of course is that big holders (like sovereign wealth funds) could get jittery about mass monetization unless we implement radical fiscal reform. Of course, such dumping would lead to the same diminution of value that monetization would, but we would be dealing with a "herd mentality" that could turn their fears into a self fulfilling prophesy.

Stu


thebrucebeat profile image

thebrucebeat 5 years ago from Nags Head, NC

Taxes haven't been lower in fifty years. The all Republiscam congress and presidency during the Bush years pursued two unfunded wars and a huge prescription benefit, not paying for any of it. Very foolish tax policy. Having all the branches being Republiscams didn't work out very well either, did it?

If we "reform" our tax system, will that mean that instead of GE and Bank of America paying absolutely nothing into the federal coffers, will they actually start getting refunds?


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Yeah Bruce and Oblabber has added astronomically to the national debt. So don't sling mud with partisan BS.


thebrucebeat profile image

thebrucebeat 5 years ago from Nags Head, NC

Nice going Frog. Don't address the post, just go into attack mode. Is this some of that rapier insight you warned me to be afraid of?

Terrifying.


Stu From VT 5 years ago

Bruce,

The Frog is right on. You are confusing "Republican" with "conservative." Most Republicans are centrists. There are only about a dozen true GOP conservatives in Congress, about four from the 111th Congress, and 7-8 TPM freshmen. The point is that almost all of the GOP shares many (but not all) of the bad traits as the Democrats have.

You are correct that Obama inherited a mess. This aspect was not his fault. This mess was due to very bad decisions made in earlier years by both parties. But Obama's job is to fix the mess, not make it worse. He chose the latter course.

Stu


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

bruce - Your finger pointing gets a bit tiresome. Lets see I never addressed the post. I wrote the damned post Bruce, in case you failed to notice. You seem to be a Blame Bushie and I don't deal with them. He's gone and has been for quite a while. You're definitely a blogging piece of work though. You gave me quite a chuckle contending that I never addressed my own article.

Stu - Bruce seems more than a bit confused. That isn't the word I would have used but I'll be polite as usual.


Stu From VT 5 years ago

Hi Froggy,

The word you are looking for is circular, but this guy is almost like an Archimedian spiral.

Bush did in fact have alot of faults, and did contribute to the mess Obama inherited. But so did earlier Democrats, as well as the people (for example by taking out mortgages they knew they couldn't afford). The reality is that almost everyone shares some of the blame for the blowup in 2008, and the fiscal crisis in general. Blaming ALL of it on Bush is crazy.

Stu


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Stu - I first encountered Bruce on a Ghost Hub. Ghost ended up shutting him down and not accepting anymore of his comments. Seems I may have a new unofficial follower.

Isn't there a word we use to describe that sort here in Cyber Land?


thebrucebeat profile image

thebrucebeat 5 years ago from Nags Head, NC

It was my post you didn't address, Frog.

My point isn't to blame Bush, but to point out that it's no different when the Republicans hold all the branches. Whenever it happens, no matter who has the reigns, overreach is not far behind.

What other arguments are you not prepared to "deal with"?


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Bruce - Go back read what I wrote thoroughly this time. I didn't propose that the Republicans are the naswer. You see Bruce, I am one of those swing voters know as a registered Independent. I sure don't need a political party to do my thinking for me. I was raised to thionk for myself.

I don't like politicians in general. The reason is because the term "statesman" some how evolved into what we now see.

Your mistake with me is not really knowing who I am. And yes, I usually won't respond to partisan garbage because it is what it is.


Stu From VT 5 years ago

Hi Frog,

"Isn't there a word we use to describe that sort here in Cyber Land?"

Let's play hangman. I'll give you a head start:

T _ _ _ L

Stu


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Stu - I'd like to buy a vowel. Give me an "O" please.


alanlsg profile image

alanlsg 5 years ago from The World

Hi FP great blog getting interesting responses and have a great weekend.

Cheers

Alan


Stu From VT 5 years ago

T _ O _ L

Doing great so far Frog.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Stu - Give me a "R" please! I think I know the answer!!!


Stu From VT 5 years ago

Hi Froggy,

T R O _ L.

You are on a roll!!!!!!!!!

Stu


thebrucebeat profile image

thebrucebeat 5 years ago from Nags Head, NC

Registered independent here, too, Frog.

Guess I'm not the only one making unfounded assumptions, huh?


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Bruce - Can you fill in the last blank above?


Ms Dee profile image

Ms Dee 5 years ago from Texas, USA

Another awesome writing, TFP! Blaming is too easy a scape goat, isn't it. I like your historical looks at it. The duping of America has been going on for decades and all this time we dupes haven't seen the hand-writing on the wall well enough to bring it to a stop and turn it around. Looking forward to your continuation of your loooong look back at our history. Voted Up and Awesome!


Stu From VT 5 years ago

Come on Bruce, Froggy and I need your help.


thebrucebeat profile image

thebrucebeat 5 years ago from Nags Head, NC

You certainly do.

Who's trolling who?


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Hey Bruce! Look up at the top and see who wrote this Hub. The Ghost already shut you down for lacking common courtesy. Would you like me to do likewise?


Wayne Brown profile image

Wayne Brown 5 years ago from Texas

Fantastic, Frog... Absolutely fantastic! WB


34th Bomb Group 5 years ago

Whenever I hear this idiot speak, I feel a large amount of bile attempt to escape me.

I guess I missed this one the first time out - but age has not made it better, has it? I've always felt sorry for guys named "Bruce." I think they start life with a disadvantage-"Bruce???" Poor kid.

Maybe that's why he feels a need to troll intelligent people who see what this cretin and his crowd are doing to wreck our nation. I can't imagine what else he would be doing here at the grown-up table.

As always-

34th


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

34th - His mama wanted a girl.

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