Skip to comments.Get Ready For The Most Fiscally Destructive Lame Duck Presidency Ever
Posted on 09/11/2012 4:11:26 PM PDT by lbryce
America rapidly approaches a precipice where previously negotiated budget gimmicks will cut $109 billion from federal spending come January. While statistically unaesthetic for calculating GDP, curtailing Washingtons footprint is financially necessary. But per the Democrats neo-Keynesian paradigm, this must be postponed while America remains economically stagnant. Democrats also loathe surrendering the recent government upsurge theyve established.
Just as emphatically, Republicans insist the Bush cuts expiring this January must continue. Otherwise, an anemic recovery will suffer massive tax increases potentially triggering another nasty recession. Many Democrats desire extension too, but only for the middle and lower classes. Bernanke Plus Obama Equals $5 Gas Post Election Bill Flax Bill Flax Contributor The National Debt: $16 Trillion Dollars Of Moral, Cultural And Political Decay Bill Flax Bill Flax Contributor Sorry Mr. Biden, But It's Your Liberalism That Chains The Poor To Dependency Bill Flax Bill Flax Contributor The Tea Party And Progressives Speak Separate Languages In A Divided America Bill Flax Bill Flax Contributor
At a $2.4 trillion yearly intake, Washingtons severe deficits stem not for lack of funding. Cuts notwithstanding, President Bush collected more tax than any executive anywhere in world history. The IRS code reflects a byzantine mess of bureaucracy and rent-seeking. Its also extremely progressive. According to the Organization of Economic Cooperation and Development, Taxation is most progressively distributed in the United States. That was pre-Obama.
(Excerpt) Read more at forbes.com ...
I am just as frightened as anyone and all the "End of Days" dialogue have been bandied about only as they unfold in the present. As much as the MSM metastasizes, thrives on bad news, there is something to say about room for them being be even more irresponsible. But here, the sense that the unraveling of what we know, all we have ever known, is beginning to becoming unnerving, the glass pane into which we gaze not very far into the future is beginning to generate an imperceptible yet palpable opaque fogginess from the humidity slowly beginning to rise from the fires already set into play, political incendiary of destruction well on its way of detonating, where the book cover of own very own modern day 'Mein Kampf' as playbook for things to come, just about ready to turn to the foreword.
'Fiscal Destruction' is being much too kind in describing what will be only Act I as Obama's Misanthropic Wet Dream unravels exponentially layer after misery-laden layer, repercussions resonated from a focal point outward like some infinitely high Richter Scale number far into the future.
We still have the wherewithal to prevent this but time is not on our side.
First diagnosed back in 2008. Call it "The McCain Syndrome."
On Dec 21, 2012, Obama will have had a little over a month to stew in his humiliating, crushing and unexpected defeat at the hands of the American people.
Hell still be Commander in Chief.
Hell still have the nuclear football. Just sitting there. Staring at him. Taunting him. Daring him. Double-eaten-dog daring him...
“Will Obama similarly accommodate Romney, a man he reputedly despises? Or, mimic Clintons departure where White House staffers ripped W off keyboards in protest?”
The damage that Obama will do will make the antics of the Clinton White House staffers seem like childish pranks. It will be a grand mal temper tantrum.
lbryce - Thanks for posting my piece. Love FreeRepublic
KentTrappedInLiberalSeattle; null and void; Fred Hayek - thanks for reading and commenting!
Wow! Great post.
“Hell still be Commander in Chief . . ....”
. . .. with full access to Executive Order powers and his magic pen.
Knowing Obnamuzzie is a spiteful sniveling POS I still say we need a million Pitchfork packin’person vigil around the White Hut to make sure the Kenyans don’t stay a second longer than they got coming. Not that they are there legally now but a really large vigil would make the point they aren’t getting any more time. It’s a 6,000 mile drive for me but I could bring a truckload of pitchforks.
I fear these next two month almost as much as I feared the two month following 9-11.
Its very strange and disturbing that I fear the president of the US more than I fear our enemies at this time in our history.
I forecast record revenue from retailing POTUS pardons !!
Some here are saying Obama and Romney are the same and they will vote for Virgil Goode or Tom Hoefling. That is national suicide.
Nothing strange. This president IS the enemy.
Not funny, but LOL!
Not if you live in Massachusetts, as I do. A winner take all, solid blue cesspool. I will vote R down ballot, especially in the Congressional race (see tagline), but not sold on another force-fed RINO.
The President can’t spend what Congress does not authorize. Control both houses and cut the spending should be the focus REGARDLESS of who is in the White House.
If GOD be for us, who can be against us?
He has opened a lot of eyes by allowing Obama to be our President.
Now, if we will hear His voice, seek His face, and pray; He WILL heal our land. AMEN
Next year in Jerusalem...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.