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Obama’s Left-Wing Extremism
American Spectator ^ | July 16, 2008 | Peter Ferrara

Posted on 07/16/2008 6:13:03 AM PDT by Zakeet

Barack Obama has proposed increasing every major Federal tax. He supports increasing individual income tax rates, allowing the Bush tax cuts, which cut rates for all income levels, to expire. He has proposed almost doubling the capital gains tax rate, from 15% today to 28%. He supports more than doubling the tax on dividends, from 15% to as high as 39%. He has proposed numerous corporate tax increases. He supports increasing the death tax back to the stratospheric levels that applied before President Bush. He supports increasing the payroll tax on higher income earners.

In other words, if you run a profitable small business, you can expect to be plundered by the Obamanistas from every angle. If you work for a small business, you can expect to be looking for another job.

Indeed, as economics writer Amity Shlaes has written, Obama promises exactly the same economic policy Herbert Hoover used to turn a downturn in 1929 into the Great Depression.

[Snip]

But Obama needs those tax increases to finance his promised massive increases in government spending approaching a trillion dollars over four years. All projections show that America cannot afford all the entitlement promises it has already made, with Federal spending projected to almost double relative to the economy over the next 35 years. Obama just ignores this looming crisis, and, instead, promises to add the largest entitlement of all, national health insurance. All of these nationalized health programs around the world start by promising free health care for everyone, but end up with rigid, stifling bureaucracies designed to deny care to control runaway costs.

[Snip]

BUT THIS IS ONLY the beginning.

(Excerpt) Read more at spectator.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events; Philosophy; Politics/Elections
KEYWORDS: 2008; 2008election; barackobama; democrat; democratparty; democrats; economicpolicy; economy; elections; ferrara; liberalism; nobama08; obama; obamatruthfile; taxes

Many more reasons to fear Barry are listed in the article.

1 posted on 07/16/2008 6:13:06 AM PDT by Zakeet
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To: Zakeet

I am gonna vote for him. I love to get my taxes raised.(sarcasm)


2 posted on 07/16/2008 6:19:13 AM PDT by Piquaboy (22 year veteran of the Army, Air Force and Navy, Pray for all our military .)
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To: Zakeet

It’s so nice to see intelligent, substantive critiques of Obama’s leftist views instead of “he’s a closet Jihadist who will jumnp out of the election cake in Januray 08 and pop a cap in Whitey’s a$$.”


3 posted on 07/16/2008 6:20:01 AM PDT by MoreGovLess (The USA has one main political party: the Kleptocrats)
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To: MoreGovLess

FUUUUNNNNYYYYY!!!!!


4 posted on 07/16/2008 6:23:39 AM PDT by Iron head mike
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To: Zakeet; Jeff Head

Send this article to your friends and relatives. Forget the rumors that he’s a Muslim or wasn’t born in the USA. These are hard facts that need to be read by any who may be inclined to believe his message of “hope” and “change.” If he’s elected we’d better HOPE that he’d leave us with more than CHANGE in our pockets.


5 posted on 07/16/2008 6:25:01 AM PDT by CedarDave ("Not Evil, Just Wrong - The True Cost of Global Warming Hysteria" http://noteviljustwrong.com/)
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To: MoreGovLess
Yes- but I wish they'd included the part about the new internal security corps, 750,000 strong, to make sure nobody dare criticize him.
6 posted on 07/16/2008 6:30:29 AM PDT by Red Boots
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To: Zakeet

I make way too much money. It’s about time we get a candidate that will fix that. Once all my money has been stolen by the gummit I can get over my guilt.


7 posted on 07/16/2008 6:30:30 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: Zakeet
ObamaJesus to the rescue -- Hallelujah!


8 posted on 07/16/2008 6:31:34 AM PDT by quark
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To: Zakeet

Each reason enough in it’s own right but all compiled together spells disaster for our country!!


9 posted on 07/16/2008 6:33:21 AM PDT by FlashBack (www.proudpatriots.org/www.woundedwarriorproject.org/www.moveamericaforward.org)
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To: Zakeet

10 posted on 07/16/2008 6:33:24 AM PDT by quark
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To: Conspiracy Guy
"I make way too much money. It’s about time we get a candidate that will fix that. Once all my money has been stolen by the gummit I can get over my guilt."

Your elite masters will decide when you are over your guilt.

11 posted on 07/16/2008 6:33:57 AM PDT by Jumpmaster (Teddy is all wet.)
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To: Zakeet

12 posted on 07/16/2008 6:34:29 AM PDT by quark
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To: Zakeet
REALITY:


13 posted on 07/16/2008 6:35:42 AM PDT by quark
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To: holdonnow; AliVeritas

ping


14 posted on 07/16/2008 6:35:43 AM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: Jumpmaster

If I don’t have any money left and they take all my property and possessions that I never deserved because I was just lucky anyway, what else is there to feel guilty about?

Oh yeah I’ll still have my thoughts and my faith. Guess they need to take that too.


15 posted on 07/16/2008 6:43:59 AM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running. And FREE LAZAMATAZ)
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To: Zakeet

What are the odds The Messiah is bleaching his skin? He has started turning Michael Jackson White.


16 posted on 07/16/2008 6:44:16 AM PDT by quark
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To: Zakeet

“But Obama needs those tax increases to finance his promised massive increases in government spending approaching a trillion dollars over four years.”

And therein lies the crux of the issue... The DhimmiRat LibTards blindly believe that there is no issue in American life that cannot be improved with just a bit more government intervention. And, they don’t give a rip about who has to pay for their largesse.
It’s well past time for us to stop this damaging nonsense, and force our elected officials to represent us, within the terms of the US Constitution.

Electing Obama-Rama-Lama-Ding-Dong is a recipe for fiscal disaster that will take another 30 years to rectify; if we can.

I’m no fan of Juan McLame, but he’s got to be a better choice than this stuffed shirt, empty headed choir boy for progressivism.


17 posted on 07/16/2008 6:51:27 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion)
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To: MoreGovLess

The evidence is overwhelming:
http://theobamafile.com/ObamaIslam.htm


18 posted on 07/16/2008 7:09:30 AM PDT by patriot08
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To: Zakeet

If he is elected, Burp will be the proud overseer of the largest business failure the world has ever seen and the move by thousands of other American companies to take their corporate HQ offshore to more tax-friendly nations.

If he is elected, I give Burp about 2 years before voters’ “buyer’s remorse” sets in and he has to have an entire brigade of Secret Service and military to protect him everywhere he goes.

He could be the most devastating (and last) Dem president ever elected. I’m sure that Jimmuh Cahter would LOVE to have someone take his place in that category!!


19 posted on 07/16/2008 7:09:45 AM PDT by DustyMoment (FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
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To: patriot08

I’ll bet I can give you websites saying Bush was a coke dealer and 9-11 was an inside job too. Keep distracting ourselves with this BS (true or false, who cares) instead of real issues, and we get the kind of bozo leaders we keep electing


20 posted on 07/16/2008 8:04:09 AM PDT by MoreGovLess (The USA has one main political party: the Kleptocrats)
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To: Zakeet

21 posted on 07/16/2008 8:24:03 AM PDT by Thunder90
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