What To Do? What Not To Do?
The Bauble Man Cometh
Illusions For The Dellusional
Having never been the captain of a sinking ship I can just imagine what must be swirling around in the head of Barak Hussein Obama. He promised us the world and we ended up with the scraps off of the government table. He promised us real "change" was about to come with him to the hallowed halls of government and there was so much "hope." People were just giddy with delight that here was "The Anointed One." Here was a man who was going to make the oceans recede and heal the planet. Those were his words, not mine. So other than blame Bush, what has he accomplished? It's hard to run for re-election on a failed record but he is determined to do just that. I wasn't an admirer of Lyndon B. Johnson but at least he had the grace to step down when it was obvious that he should. I now admire him for that.
Music To Read By Please Maestro. The Answer Is Sometimes Found In The Question.
As I was doing my reading, I read something about how skilled a politician must be to be the captain of a sinking ship, stand on the deck and pick an argument about the crystal to be used for that evening's dinner. Or maybe which life boat to use next when there are none to be had. Though humorous on the face of those statements, it is a sad state of affairs and the nation's affairs are what should be being discussed and this administration wants to talk about anything and everything but that.
So what do you do to take the spotlight off of escalating gas prices, high unemployment (much higher than is being reported), the stink of corruption, a soaring national debt, the lack of a budget, government waste up the ying-yang and the list goes on and on? What you don't do is start class warfare. That really isn't a very good idea unless you happen to be Obama and the Democratic Party. You need to understand that he isn't doing this by himself. It is orchestrated. The latest pandering pertains to the Buffet Rule which they all knew wasn't going to pass but the symbolism was too much to resist. It isn't time to be symbolic. It is time for a change of course.
How About Passing One Of These US Senate?
The Buffet Rule is a dog and pony show. I'll call it what it is. It is class warfare at its rawest. This week that is the diversion to focus on anything but Obama's failed policies. Next week who knows what will be served up as the ship continues to sink and the crew bails for all get out. The passengers, that would be the US tax payer, aren't exactly cheering those efforts. When laws are passed by our Congress they should be designed to do something besides be symbolic. The Buffet Rule is nothing more than symbolic and Obama himself knows that.
In the words of Alan Simpson, one of those he appointed as co-chair of his own deficit commission, these things should be being addressed and are not. The Buffet Rule isn't one of them. Alan Simpson has forgotten more about economics than Obama has ever known about the subject. He calls us "the healthiest horse in the glue factory."
Facts can be pesky little things to the liberal mind. Emotions are their key and if it sounds good then it must be good. That isn't the case however because the use of actual facts can make something that sounds good turn south in a heartbeat. I get criticized quite often by my liberal elite readers for using facts rather than emotion. Politics has no place for emotion and the election of Barak Obama as the chief executive of this nation is testament to that. So lets stick to the facts now.
Here's What To Do...
The Buffet Rule is all about "look over here" and ignore what the underlying problems are. The main problem is government mismanagement and the lack of leadership to address the issues. We can't keep putting off the inevitable because eventually we'll be the only horse left in the glue factory. Then what? On the face of it "The Buffet Rule" sounds like it might be the best thing since sliced bread but it isn't, wasn't and never will be. It's called a band aid and it's a bad one if examined in perspective outside the banner of party politics. It was being sold to the masses as the cure for our budgetary woes and it isn't. The cure for our budgetary woes starts with the passage of an actual budget which the US Senate, under the lack of leadership of one Harry Reid, has failed to do in about 1,088 days now.
How long has Obama been in office? About the same amount of time that we haven't had a budget. This is the same guy whose teleprompter told us that he was going to cut the budget deficit in half by the time his first term was over. Have we seen that or is that also on the scrap heap of all those promises he made in order to be elected to an office he is unqualified to fill? I'm sure his teleprompter is speechless in answering that very question.
Am I being too hard on the little guy? If I am it is because I abhor incompetence. And then to try to cover it up with fiery rhetoric has a tendency to make my stomach turn sour.
Pesky Little Things Those Facts
It is a bit ironic that today is the last day a tax payer can file on time and I'm writing about this. Is it fair that 50% of the workers in the country pay nothing in federal income tax while the top 10% pay 70% of the money taken in? Seems like they are paying more than their fair share. Ah yes, but what about sales taxes, these taxes and those taxes? The top 10% also pay those taxes and in greater amounts than the 50% who pay none because they have more money to spend. Is this about fairness or about envy? Should the government be in the business of punishing success while wasting our tax dollars?
The way Obama pitched it was that passing the rule would help pay down the deficit. So lets mix apples and oranges huh? It would do no such thing. Doing the math the way the Joint Commission on Taxation does it easily refutes that contention and shows it for the ruse it is. The rule would yield $47 billion over the next ten years. These guys and girls are hocking our heirs in the trillions, not the billions. We're talking about a debt with twelve (12) zeroes so at this point $47 billion is like spitting into the wind or peeing on a forest fire.
Doing the math further down to a yearly rate this "law" would fund the federal government for eleven (11) hours and that isn't a typo. Then what? The purpose of any law should be sane, not insane. A law should serve to fix a problem, not slap a band aid on it for 11 hours. The Heritage Foundation hits the nail on the head in its report. That $47 billion won't be an offset of even 1% of Obama's projected budget deficit of $6.7 trillion over the same period of time. Do you have that kind of money? Does the federal government? If not, who does?
Baubles! It's all about baubles. Isn't it nice that rather than do anything productive about the "mess he inherited," and he hasn't, he would rather that you now focus on the nice shiny baubles that he can pull out of his hat that aren't the long range fix to the coming economic catastrophe we can all see coming if we continue on the present course?
I've been reading about "Taxmegeddon" a lot lately. Have you? What's that? Let me break it to you easily on this federal tax day. Not really because there is no easy way to break it. On December 31st of this year the Bush tax cuts will expire. When that day occurs it will affect EVERY American who pays income taxes and it will be the largest tax increase this nation has every experienced and that includes ALL of us, not just the rich.
I've heard Obama pay lip service to reforming the tax code since he took office. I have yet to see him step out on that limb and make a written proposal to do so. Where's the beef Barak? While we are standing at the precipice looking over and seeing some serious economic collapses about to occur, we have a US Senate that has failed to pass a budget since I can't remember when and they want to play class warfare politics with a symbolic law called "The Buffet Rule." Relief for 11 hours of their insanity?
It's the little things, but maybe not so little really, that haven't been done during Obama's tenure that the electorate needs to focus on. Little things like capping spending, passing a budget, cutting government waste and crony capitalism, passing an amendment to balance the budget, defunding those programs that shouldn't get a penny of our money, banning earmarks permanently, reforming a broken tax code that allows 50% of workers not to pay a dime in income tax yet reap the same services and benefits as those of us who do. You know the sensible measures that will actually put our nation on a sound fiscal course.
Instead he wants us to focus on baubles. You go ahead and do that if you want to. Doing that isn't going to fix the ailment that is growing by leaps and bounds when we have a run away federal government without a true captain at the helm. Just keep bailing and applying those band aids and appeal to people's emotional side. That's the answer? Pit men against women, race against race and the rich against the poor. Oh yeah, that's going to produce the needed cure to what ails us. No, it will just result in a divided nation. Is that what you want? It is exactly what Obama wants at this point.
Remember In November!
The Frog Prince