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 ...
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.
It is rare for democrats to ever own up to their true agenda.
At least this dirtbag is being honest.
Democrat scu&bags in action. But, scu&bags is a word that’s inadequate to describe the antics of slimy creatures from he**.
IMHO
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.
Gregg is a republican.
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.
You do know Judd Gregg is a Republican ...
VAT to finance a bailout of public employee pensions, local, state, and federal.
-PJ
He was going to be the Commerce Secretary but then found out he would have been just an ornament for ‘bi-partianship’.
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.
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.
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.
We can’t wait until 2012 to stop this planned destruction of our economy. The time to stop the Obama agenda is NOW.
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.
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
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.
Ironic that Sen. Gregg is calling Obama a socialist, while Gregg himself is a TARPer.
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
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