Thursday, March 12, 2009

The Rape of the American People

Mr. Gibbs today stated that "We need to go to the doctor before we go to the pharmacy" in regards to Tim Geithner's plan to buy all the toxic assets.

Too bad they didn't start with that philosophy. Perhaps we wouldn't now have the spendulus bill, the omnibus bill and the bloated budget proposal Obama has developed.

Now, in addition to all that, House Democrats are starting to talk about yet another 500 billion stimulus package. What?? When will it be enough?

I think the simple answer is that, as with any addict- it will never be enough. Washington isn't going to stop until the American people make them stop.

On the new tax front- it's now being contemplated to tax your medical benefits you get from your job. Analysts estimate each of us will be on the hook for an additional 7,000 to 9,000 bucks in income that Mr. Obama will get to tax.
Think about it. Each of us may soon have to declare our medical benefits as income.

Cap and Trade proposals will see each of us paying higher energy bills, some estimating the increase may be as high as an additional 40% increase in our electric bills. After all, when businesses get hit with tax increases, they very very quickly pass those costs along to consumers.

But remember, most of us is going to get to keep an additional 13 bucks in our check each week. Happy days are here again.

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