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Obama: I Will Tax You to Punish Banks (John Stossel)
Fox Business ^ | January 14, 2010 | John Stossel

Posted on 01/14/2010 8:33:10 AM PST by Stoat

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To: Stoat

“I tax, therefore I am.”

21 posted on 01/14/2010 9:29:29 AM PST by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: manc
he charges banks then they pass on those charges to us.

Wasn't there something passed by congress that gave banks and credit card companies a deadline of February for interest rate increases? Seems O is making this quite convenient for his bankers to send out some more letters announcing even higher rates. All the while making it appear he is sticking it to the fat cats when in essence he is sticking it to us... Again!

22 posted on 01/14/2010 10:06:48 AM PST by vlad335
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To: Stoat

Barry: “......you will not see your taxes increased a single dime......”


23 posted on 01/14/2010 10:13:10 AM PST by cranked
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To: vlad335

sadly there are enough stupid people not be bale to see what is really going on.

course the media are a disgrace who cover everything up from Coakley’s thug attacking a reporter to this closed door deals with unions and big companies to an elected sheriff who is protecting us gets looked at and charged but black racists holding sticks outside a voting station gets away it .

The frustration in this country right now is at all time high, even my mother in law up in MA who has always voted Dem is now voting republican for the first time and if she is then the Dems are really in trouble


24 posted on 01/14/2010 10:15:12 AM PST by manc (WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
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To: Stoat

“How is any of this Constitutional? Why isn’t this being challenged in the courts?”

Megan McArdle had another pithy comment: “But if we want to bail out GM, we should pony up out of the income tax, not cast about for the least popular group we can find. That’s no way to run a tax code, or an economy.”

This epitomizes Obama’s approach to everything. He wants a universal health plan that allegedly benefits everyone, but wants to exempt everyone except “the rich” from having to pay for it. He’s discovering he actually can’t achieve this objective, so he’s trying to hide the extent to which his plan actually will raise taxes or costs on those who aren’t “rich.” But the general principle is the same: he’s promising $1 trillion in goodies to the masses and claiming it will get bankrolled by a small minority who can afford it.

With the banks, he makes it look as if the “fat cats” are paying, when in fact it’s the little guy getting screwed. Either he himself is appallingly ignorant of Econ 101 [a hypothesis not yet disproved IMHO] or he knowingly and cynically is counting on voter ignorance/apathy to get away with populist policies that make great sound bites but cannot withhold critical scrutiny in terms of how they play out in the real world. This is not leadership: it is demagoguery.


25 posted on 01/14/2010 10:23:46 AM PST by DrC
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To: Stoat

The perfect storm for Obama to divert from his failed Presidency. Play the Class Warfare ploy. It usually works in many blue states for the Dems. Kill the banks. Kill oil comopanies. Kill big business. Forget small businesses if they are Republican. Tax you , tax me. Tax and spend till all who are the people with no understanding of capitalism are bribed for a lifetime to vote for socialist pacifists.


26 posted on 01/14/2010 10:36:59 AM PST by phillyfanatic
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To: Stoat

we got our selves a third world tin horn dictator!


27 posted on 01/14/2010 11:38:01 AM PST by Ancient Drive (DRINK COFFEE! - Do Stupid Things Faster with More Energy!)
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To: GeronL; Stoat
I thought the big gripe is that banks weren’t lending?
This will discourage lending even more...
The debt cycle continues.

That's so true...Just watched Stossel's Program
(10:00pm F)_(7:00pm SA)_(11:00pm SU)

Crony Capitali$m
(Rewarding your Friend$ /
Covering your @$$ /
Destroying your Competition )


28 posted on 01/14/2010 6:13:47 PM PST by skinkinthegrass (Zer0 to the voter: "Here's DeathCARE ® Plan"...now....just die. :^)
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