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Senator Judd Gregg tells Larry Kudlow, "This spending is being done intentionally."
CNBC ^ | September 9, 2010 | Larry Kudlow

Posted on 09/10/2010 12:33:06 PM PDT by rosettasister

Link is to video of Kudlow interviewing Gregg.

Gregg says Obama and Dems spending is intentional, so that we'll have no choice but to institute a value-added tax (VAT) so our tax policy mimics the European model.

A few examples:

“This spending is being done intentionally.”

“VAT is the plan.”

“Down the European road.”

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


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: 2destroyamerica; 4thecommongood; juddgregg; larrykudlow; vat
VAT ATTACK!

PLEASE watch the Gregg video linked above TO THE END.

I absolutely concur.

And he knows his stuff.

I’ve had my suspicions, but I’ve never heard Gregg state it so plainly.

1 posted on 09/10/2010 12:33:11 PM PDT by rosettasister
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To: rosettasister

It is rare for democrats to ever own up to their true agenda.

At least this dirtbag is being honest.


2 posted on 09/10/2010 12:35:54 PM PDT by FormerACLUmember (Character is defined by how we treat those who society says have no value.)
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To: rosettasister

Democrat scu&bags in action. But, scu&bags is a word that’s inadequate to describe the antics of slimy creatures from he**.

IMHO


3 posted on 09/10/2010 12:36:55 PM PDT by ripley
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To: rosettasister
Gregg was fairly blatant about calling Obama a socialist a couple months back as well.

Many call Gregg a RINO, but as far as I know he's the only one Senator to put "Obama" and "socialist" in the same sentence.

4 posted on 09/10/2010 12:37:46 PM PDT by Siena Dreaming
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To: FormerACLUmember

Gregg is a republican.


5 posted on 09/10/2010 12:37:49 PM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: rosettasister

If it is being done intentionally... and IF a VAT is the next step, then it follows that BANKRUPTCY is ALSO in the plan, because any new tax would KILL us.


6 posted on 09/10/2010 12:38:04 PM PDT by RachelFaith (2010 is going to be a 100 seat Tsunami - Welcome to "The Hunt for Red November".)
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To: FormerACLUmember

You do know Judd Gregg is a Republican ...


7 posted on 09/10/2010 12:38:19 PM PDT by kosciusko51
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To: rosettasister

VAT to finance a bailout of public employee pensions, local, state, and federal.


8 posted on 09/10/2010 12:38:23 PM PDT by omega4412
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To: Siena Dreaming
Gregg was also willing to be a part of this regime in the beginning.

-PJ

9 posted on 09/10/2010 12:39:12 PM PDT by Political Junkie Too ("Comprehensive" reform bills only end up as incomprehensible messes.)
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To: rosettasister

He was going to be the Commerce Secretary but then found out he would have been just an ornament for ‘bi-partianship’.


10 posted on 09/10/2010 12:40:06 PM PDT by AU72
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To: rosettasister

Ahh but there is a choice.

I don’t think they are going to like it more than Louise 14 liked it, should it come to pass.


11 posted on 09/10/2010 12:40:23 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: FormerACLUmember
It is rare for democrats to ever own up to their true agenda.

In their defense, if you have a plan that's both wildly unpopular and shockingly irresponsible, you've got to dress it up somehow.

Kinda like sneaking poison into chocolate pudding.

12 posted on 09/10/2010 12:40:35 PM PDT by South Hawthorne (In Memory of my Dear Friend Henry Lee II)
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To: rosettasister

The money is a socialist looting of the economy. Divert funds to interests that can be expected to “pay back” the Party over the next several election cycles.

The dire straits it puts this nation in (busting the nation’s wealth) allows him to spin a “need” for radical (socialist) changes.


13 posted on 09/10/2010 12:42:08 PM PDT by a fool in paradise (Ask yourself,where does Saudi Arabia fit on a scale of "passive" to "moderate" to "extremist" Islam?)
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To: rosettasister

We can’t wait until 2012 to stop this planned destruction of our economy. The time to stop the Obama agenda is NOW.


14 posted on 09/10/2010 12:42:25 PM PDT by mac_truck ( Aide toi et dieu t aidera)
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To: rosettasister

I believe it.

Obama is devious and evil.

If the government spends too much, it should cut its expense account, not suck up more taxpayer money.


15 posted on 09/10/2010 12:43:28 PM PDT by ZULU (No nation which tried to tolerate Islam escaped Islamization)
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To: Siena Dreaming
Many call Gregg a RINO, but as far as I know he's the only one Senator to put "Obama" and "socialist" in the same sentence.

Greg is no RINO. He is a fiscal hawk; moderate/libertarian on social issues.
16 posted on 09/10/2010 12:44:38 PM PDT by nhwingut (Palin/Bachmann '12)
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To: AU72
Axelrod spilled the beans too early about the White House taking over the census from Commerce. That was Gregg's way out.

Axelrod should have waited for Gregg to be confirmed before showing his hand. Then, he would have had another Democrat Senator in Congress, too.

A bad play all around.

-PJ

17 posted on 09/10/2010 12:44:53 PM PDT by Political Junkie Too ("Comprehensive" reform bills only end up as incomprehensible messes.)
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To: rosettasister

As I have said before;

This is all Congresses’ fault and deliberate!

They understand classic economics 101 very well; disrupt it enough and you can do whatever you darn well please!

The political class and “Friends of Government” intend to use this as one of “their cash cows” to personal perpetual prosperity.


18 posted on 09/10/2010 12:48:05 PM PDT by ntmxx (I am not so sure about this misdirection!)
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To: Siena Dreaming

Ironic that Sen. Gregg is calling Obama a socialist, while Gregg himself is a TARPer.


19 posted on 09/10/2010 12:49:28 PM PDT by Palter (If voting made any difference they wouldn't let us do it. ~ Mark Twain)
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To: rosettasister

this was posted earlier that they are going to pass a 1% transaction tax. HR4646 http://www.freerepublic.com/focus/f-chat/2586613/posts

I always suspected the 1099 requirement for all transactions was the preliminary way they would be able to handle the VAT tax.

I am so tired of these politicians wanting to add more taxes so they can transfer my tax money to their favored supporters. Why does it take a retiring politician, to say they need to money because they wont stop spending. Starve the Beast


20 posted on 09/10/2010 12:50:18 PM PDT by tomd2
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To: nhwingut
-- Greg is no RINO. He is a fiscal hawk --

He was Bush's point man on TARP. I sensed something changed radically (in Gregg) at that time. He looked and acted as though he'd seen a ghost.

21 posted on 09/10/2010 12:52:42 PM PDT by Cboldt
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To: rosettasister

I also think the coming 1099 tax form next year for EVERY transaction over $600 is a prelude to the VAT. The government has to know what the transactions are that they can tax.


22 posted on 09/10/2010 12:55:28 PM PDT by MustKnowHistory
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To: tomd2

Yes! Like I just posted.


23 posted on 09/10/2010 12:56:41 PM PDT by MustKnowHistory
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To: rosettasister

An interview with Rep. Paul Ryan

Dec 15, 2009

http://qa.blogs.reuters.com/james-pethokoukis/2009/12/15/an-interview-with-rep-paul-ryan/

Value-added Tax

The VAT is coming. They just know they can’t do it before the election.

My fear is that the credit markets blow up on us again, we’ll get some shot across the bow by the bond market one of these days.

And if the Democrats are still in power, that will bring us the VAT.

They will say they have no choice but to do it to save the creditworthiness of the government.

It will kind of be like another TARP weekend where the Treasury Secretary and the Fed chairman come to Capitol Hill hyperventilating and out of that comes a VAT.

Our government is premeditating a moment like that.

*** But there is another way ***

with real entitlement reform,

real tax reform,

fulfilling health and retirement security

but also paying off our debts

and making our economy really competitive.


24 posted on 09/10/2010 1:02:11 PM PDT by rosettasister
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To: rosettasister

Everything Obama has done has been deliberate.His aim is not to improve the job situation.His aim is to fundamentally change our economy so that it is controlled by the CENTRAL GOVERNMENT.


25 posted on 09/10/2010 1:07:03 PM PDT by ardara
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To: Siena Dreaming

He voted for Kagan, he’s a dirtbag, liberal, traitor.


26 posted on 09/10/2010 1:08:56 PM PDT by ALPAPilot
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To: FormerACLUmember

so that we’ll have no choice but to.....

Gregg, you better stop thinking like that RIGHT NOW!. Of COURSE there’s a choice. You can slash spending. You want to destroy the Republican party forever just keep going downt the “No Choice” path. We will hold you accountable.


27 posted on 09/10/2010 1:09:37 PM PDT by DManA
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To: Palter
TARP is was to bolster the supply-side and is already mostly paid back, not having been intended for long-term use.

The socialists are the ones who back the demand-side, long-term entitlement society.

28 posted on 09/10/2010 1:11:00 PM PDT by Siena Dreaming
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To: nhwingut
Greg is no RINO. He is a fiscal hawk; moderate/libertarian on social issues.

He voted for Kagan: she's the one that argued in front of the Supreme Court that Congress had the authority to ban books, and that Americans have no rights covered by the Ninth Amendment. He should have just pissed on Geeorge Washington's Grave. He's a TRAITOR.

29 posted on 09/10/2010 1:12:28 PM PDT by ALPAPilot
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To: rosettasister

Why doesn’t he go one step further and tell everyone this spending is filling the slush funds; not what they say it is for?


30 posted on 09/10/2010 1:16:20 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Siena Dreaming
-- Many call Gregg a RINO, but as far as I know he's the only one Senator to put "Obama" and "socialist" in the same sentence. --

This is an excerpt from a speech in Congress, from before the November 2008 election. I think both parties can be damned for increasing the scope of federal government.

We have seen this Government socialize our education system and make our schools among the worst in the world. We have seen this Government take over most of our health care system, making private insurance less and less affordable. We have seen this Government socialize our energy resources and bring our Nation to its knees by cutting the development of our own oil and natural gas supplies. And now we see this Congress yielding its constitutional obligations to a Federal bureaucracy, giving it the power to control virtually our entire financial system.

31 posted on 09/10/2010 1:17:02 PM PDT by Cboldt
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To: rosettasister

IMPEACH.

NOW.

THEN REMOVE.

REPEAT AS NEEDED.


32 posted on 09/10/2010 1:22:47 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: rosettasister

Politicians acting in “bad faith” with respect to their constituents.

Bureaucrats are not immune to prosecution and liability for that sort of behavior.


33 posted on 09/10/2010 1:33:50 PM PDT by RatRipper (I'll ride a turtle to work every day before I buy anything from Government Motors.)
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To: rosettasister
bingo!! I have been thinking the same for a long time. Thank you for confirmation
34 posted on 09/10/2010 1:42:25 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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To: rosettasister

Cloward Piven


35 posted on 09/10/2010 1:43:46 PM PDT by School of Rational Thought (Need work. MBA, CPA, Black Belt. Diverse industry and cross border experience.)
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To: School of Rational Thought

http://www.youtube.com/watch?v=2_OzLHKFN5s


36 posted on 09/10/2010 2:05:10 PM PDT by terjon
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To: rosettasister

Don’t worry. Anything these reprobates can do, President Palin can undo.


37 posted on 09/10/2010 2:06:59 PM PDT by jla
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To: RatRipper

“Bureaucrats are not immune to prosecution and liability for that sort of behavior.”

Them seem to have been immune until now, and will probably be immune way into the future.


38 posted on 09/10/2010 2:28:47 PM PDT by ripley
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To: rosettasister

I hope that this was no surprise to Kudlow since he was stating the obvious.


39 posted on 09/10/2010 2:41:29 PM PDT by A Strict Constructionist (Oligarchy...never vote for the Ivy League candidate.)
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To: rosettasister

My fear is come January a Republican majority in one or both houses will be pressured to make a grand bargain with Baby Jesus, imaginary spending cuts for a VAT...I hope they are smart and tough enough to shoot it down or a third party will become a reality.


40 posted on 09/10/2010 3:02:01 PM PDT by DHerion
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To: Siena Dreaming

They are both statist. One takes from you and me and gives to private corporations[TARP]. The other takes from me and gives to other people.

Your only creating excuses for Gregg. Not only that, he’s a big supporter of the Fed, ie central planning.


41 posted on 09/10/2010 3:46:27 PM PDT by Palter (If voting made any difference they wouldn't let us do it. ~ Mark Twain)
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To: rosettasister

Does he really think that if the Rats piss record amounts of money away that we will reward them by giving them MORE money to piss away?


42 posted on 09/10/2010 6:31:36 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: rosettasister

NBC’s David Gregory Calls New Obama Stimulus Push ‘Cynical Politics’

‘Meet the Press’ host asks if the White House was so set on passage of economic proposals, why did they try when it was more feasible?

By Jeff Poor

http://www.businessandmedia.org/articles/2010/20100910150355.aspx

***

Senator: Obama, Congress ‘Intentionally’ Spending to Force Value-Added Tax Implementation

N.H. Sen. Judd Gregg tells CNBC’s Larry Kudlow leaders are ‘trying to run the government into the ditch’ to institute European social welfare model.

By Jeff Poor

http://www.businessandmedia.org/articles/2010/20100910165428.aspx


43 posted on 09/11/2010 11:00:23 AM PDT by rosettasister
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To: rosettasister

Sen. Gregg: Spending Is Being Done “Intentionally”

http://www.realclearpolitics.com/video/2010/09/10/sen_gregg_spending_is_being_done_intentionally.html

Sen. Judd Gregg (R-NH) says the spending by the Obama administration is intentional so that the country will have no choice but to institute a value-added tax (VAT) so we have a European model economic system.


44 posted on 09/12/2010 10:59:00 AM PDT by rosettasister
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