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Obama's‘shared sacrifice' means taking from rich
Houston Chronicle ^ | March 5, 2009, 10:12PM | JONAH GOLDBERG

Posted on 03/06/2009 5:19:03 AM PST by cbkaty

Obama proclaimed many times during the campaign, “We are the ones we’ve been waiting for.” He and his throngs of supporters preened in the glow of their own righteousness like cats in a puddle of sunlight. They were for “shared sacrifice” and a “new era of responsibility.” They wanted to put aside the “old politics” and the “tired arguments” of the past.

(Excerpt) Read more at chron.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: goldberg; income; tax
Shared Sacrifice? He has come for your income, what next, 401K, safety deposit boxes, CDs, T-Bills, Mutual Funds, 'inheritance", real & personal property, etc?

WARNING: DON"T THINK IT CAN"T HAPPEN!

1 posted on 03/06/2009 5:19:04 AM PST by cbkaty
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To: cbkaty

He is doing exactly what his wife said he would. She said some people were going to have to give up things when Brack comes into power, to paraphrase. The people giving up things are the productive, responsible people in society.

Kiss our 401Ks goodby. I’m thinking of liquidating mine.


2 posted on 03/06/2009 5:22:29 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: cbkaty

Don’t worry the poor will soon be hiring.


3 posted on 03/06/2009 5:22:51 AM PST by scooby321
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To: cbkaty
SSDD (Obama has practiced the transfer, already)



4 posted on 03/06/2009 5:23:16 AM PST by Diogenesis ("All governments suffer a recurring problem: Power attracts pathological personalities." - Mission)
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To: cbkaty

The Dow closed at 6594 yesterday, heading for 6200 today.

All is well because there aren’t any ‘rich’ people left.


5 posted on 03/06/2009 5:23:39 AM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: cbkaty
And, thanks to Obama, the poor will pay even more. President Obama’s proposed carbon tax will raise the price of energy. In an interview with the San Francisco Chronicle in early 2008, candidate Obama admitted as much: “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.”

Liberals will defend Obama’s carbon tax by saying it’s vitally necessary to combat climate change, end our dependence on foreign oil and boost our embryonic green industries like wind and solar. Fine, fine. We can have that argument, as weak as I think it may be.

But why isn’t Obama honest about the fact that he’s asking the working poor and middle class to pay even more? He’s the guy who talks such a big game about shared sacrifice. He’s the one talking about a “new era of responsibility.”

We'll ALL rue the day this man was elected.

6 posted on 03/06/2009 5:27:50 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: Diana in Wisconsin

Looks like the stimulous isn’t too stimulating. Remember... this is OBAMA’S FAULT.


7 posted on 03/06/2009 5:28:26 AM PST by From The Deer Stand
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To: cbkaty

Shared sacrifice = Spreading misery equally


8 posted on 03/06/2009 5:33:30 AM PST by J40000
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To: Diana in Wisconsin
I suspect a DOW at 5,000 before the stampede and "general" panic begins....

The panic selling has yet to reach critical mass...... The next step, extreme panic, including realization that ignorance at the polls is no longer correctable, will be determined by the American Producer...the non-producers will simply demand more of the same largess..

Disclaimer: This is simply my opinion....and yes I am an angry investor that has lost much....

9 posted on 03/06/2009 5:34:21 AM PST by cbkaty (I may not always post...but I am always here......)
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To: J40000
"Shared sacrifice” really means taking other people's money, while “greed” is not wanting to give it up and “responsibility” is when the government takes it anyway......
10 posted on 03/06/2009 5:37:17 AM PST by cbkaty (I may not always post...but I am always here......)
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To: subterfuge

Michelle Obama has always been the spoon that stirred the pot


11 posted on 03/06/2009 5:38:18 AM PST by MissDairyGoodnessVT (Off Hunting--- for the COLB)
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To: subterfuge
Kiss our 401Ks goodby.

Look at the first two pages of the FR search with 401K as the keyword.

401K

There are numerous threads with the title of:

House Democrats Contemplate Abolishing 401(k) Tax Breaks!!!

Also, see the number of threads titled:

Dems Target Private Retirement Accounts

IIRC, one of BO's pastors (Not the G** D*** America one) said it was time for everyone to "share" their retirements with those less fortunate.

12 posted on 03/06/2009 5:38:32 AM PST by Arrowhead1952 (It took almost 250 years to make the USA great and 30 days for BO to tear it down.)
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To: subterfuge

Oh well... most everyone who has busted their butt over the last 20 years has now seen half their retirement savings go up in smoke.

The Obamas must be happy. They have a mansion, book deals, and retirement at our expense.

FUBO, and FUMO


13 posted on 03/06/2009 5:38:50 AM PST by PA-RIVER
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To: subterfuge

Cap and Trade is just a place to place a third party between your utility and you to vacuum cash...not unlike “health insurance” in some ways. They take advantage of the vulnerability of dependency. It makes REAL TRUE AMERICAN INDEPENDENCE that much more valuable a commodity, and that much more, an enemy of the state.


14 posted on 03/06/2009 5:39:13 AM PST by mo
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To: cbkaty

If the current economic crisis had been caused by drought, natural disasters, attacks from enemies or some other external cause “shared sacrifice” might make some sense.

However, this crisis has been caused by greedy, stupid, corrupt home buyers, lenders, investment bankers, bond rating agencied, and politicians.

This is not a time for “shared sacrifice” but a time for the guilty to reap the negative consequences of their bad behavior.

The innocent are already suffering a great deal of collateral damage from the actions of these evil doers. To ask them to sacrifice more to so the evil doers can avoid their just deserts is an outrage!

Also, if we are going to have “shared sacrifice” I believe it should start with the 40% of Americans who pay no Federal Income Taxes at all. The ACORN and union freeloaders who consume vast amounts of taxpayer dollars, while contributing little or nothing should start paying their fair share.


15 posted on 03/06/2009 5:40:51 AM PST by Above My Pay Grade
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To: Diogenesis

16 posted on 03/06/2009 5:44:10 AM PST by cbkaty (I may not always post...but I am always here......)
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To: Diogenesis

My Oracle predicts after the 100 days of Othugo’s residency in the WH Kenya along with a host of other African nations will come knocking on the door.
Just wait & watch , you’ll see.....mark my words


17 posted on 03/06/2009 5:44:16 AM PST by MissDairyGoodnessVT (Off Hunting--- for the COLB)
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To: Above My Pay Grade
Also, if we are going to have “shared sacrifice” I believe it should start with the 40% of Americans who pay no Federal Income Taxes at all. The ACORN and union freeloaders who consume vast amounts of taxpayer dollars, while contributing little or nothing should start paying their fair share.

I doubt that I have ever agreed more with any statement made on this forum.......BRAVO!!!!

18 posted on 03/06/2009 5:46:29 AM PST by cbkaty (I may not always post...but I am always here......)
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To: PA-RIVER; Arrowhead1952
IIRC, one of BO's pastors (Not the G** D*** America one) said it was time for everyone to "share" their retirements with those less fortunate.

Oh well... most everyone who has busted their butt over the last 20 years has now seen half their retirement savings go up in smoke.

So true. I have worked my A$$ off, 6 and 7 days a week for the last 30 years and now it's all going to just be taken away. A third of what I'd saved has disappeared in the last year. I think I need a new plan.

19 posted on 03/06/2009 5:51:23 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: subterfuge

Kiss our 401Ks goodbye. I’m thinking of liquidating mine

Are you just switching from stocks to money markets? I’ve been switching over to money funds since December but am still not confident that this is a good move. I just hate locking in the losses but I also hate seeing the daily loss of my family’s hard earned meager wealth.

I heard that alot of our money is ending up in the Mexican drug cartel’s now existing in our cities in every state (except Michigan).


20 posted on 03/06/2009 5:52:21 AM PST by crymeariver (Good news...in a way)
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To: Diogenesis; edzo4

That second picture is a fake -

I can tell because there’s no teleprompter.


21 posted on 03/06/2009 5:52:48 AM PST by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
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To: cbkaty
"Shared sacrifice” really means taking other people's money, while “greed” is not wanting to give it up and “responsibility” is when the government takes it anyway......

Right. And with the current administration "wasteful Spending" is any expenditure for closing the border, honoring the Constitution and insisting on personal responsibility. Or, for short, "conservative ideals."

22 posted on 03/06/2009 5:55:42 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: subterfuge
Kiss our 401Ks goodby.

Several trillion just sitting there. It's too tempting for 0.

23 posted on 03/06/2009 5:57:05 AM PST by Malsua
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To: crymeariver

I’m not sure which way to go at this point.


24 posted on 03/06/2009 5:58:51 AM PST by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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To: subterfuge

Worked for Mugabe; birds of a feather flock together.


25 posted on 03/06/2009 5:59:27 AM PST by mathurine
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To: cbkaty

In the zero’s “new era of responsibility” you will be responsible for making your neighbor’s mortgage payment.


26 posted on 03/06/2009 6:20:13 AM PST by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. Margret Thatcher)
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To: cbkaty

We are in the hands of looters. They are doing, under cover of “governing”, just what looters always do — grab as much as they can as fast as they can.


27 posted on 03/06/2009 6:38:24 AM PST by Paine in the Neck (Nepolean fries the idea powder)
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To: cbkaty

What Obama means is to not spread the wealth around, but spread the misery. In socialist states everyone except the ruling elites are equally miserable.


28 posted on 03/06/2009 6:57:12 AM PST by The Great RJ ("Mir we bleiwen wat mir sin" or "We want to remain what we are." ..Luxembourg motto)
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To: J40000

Not exactly....shared sacrifice is not for him and the govt. They’re too important to participate...and anyway someone needs to share (ala redistribute) the wealth.


29 posted on 03/06/2009 7:13:25 AM PST by 556x45
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To: The Great RJ

Obamachev’s mentor, the communist, pedophile Uncle Frank would be proud.


30 posted on 03/06/2009 7:26:29 AM PST by y6162
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