Biden Is Trying One Last Thing to Prevent Israel's All-Out Invasion of Rafah
With Threats of Pro-Hamas Chaos, Dems Consider Reusuing Past Ideas From 2020’s COVID...
Biden Tried to Keep These Calls With Israel Hidden. Here's What's Been Going...
Electoral College Mischief Not Unprecedented—You Don’t Have to Look That Far Back
A Quick Bible Study Vol. 217: Celebrating Mother’s Day With the Mother of...
Florida Proves It Doesn't Mess Around After 'Queers for Palestine' Block Entrance to...
Four Honduran Illegals Caught Selling Enough Fentanyl to Kill 1.6 Million Americans
Biden Admin Is Reportedly Bribing Israel to Not Invade Rafah
A Problem to Fix: GOP House Candidate Alison Esposito Calls Out Antisemitism on...
The Way Clarence Thomas Describes DC Is Truly Terrifying
Democrat Believes Joe Biden’s Israel Threat Took Unnecessary 'Pressure off of Hamas'
Trump Flies Potential VP Pick to Massive 80,000 Person Rally
Is the Private Sector Ready For the Rising Threat of AI Cyber Warfare?
Why Are Jews and Christians Coming Together to Pray for Israel
Veterans Affairs OIG Calls for Full Investigation into $10.8 Million in Improper Incentive...
OPINION

Danger: High Capacity Bank Accounts Equal Mass Prosperity

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement

While fellow conservatives bash the president for telling Speaker of the House John Boehner that the country doesn’t have a spending problem, I offer Barack Obama another thank-you.

Advertisement

Just when I thought that the GOP’s own ineptitude was going to sink the party, the man-who-would-be-president proved once again that when it comes to being out of touch, you can’t get any better than the First Community Organizer.

Led by Barack Obama and the Democrats, Congress passed a budget plan that doesn’t even do what they said it would- keep taxes lower for anyone not a millionaire or billionaire.

So, now we can add “fiscal cliff’ to the notable failures of Congress, the president and political elites since the turn of the century, including but in no way limited to other failures such as: “Obamacare,” which helps healthcare costs go up, not down; “Pelosi-care,” which funds “green” companies with taxpayer dollars so people with connections to anyone named Pelosi, Reid or Obama can benefit; “Cap ‘N Tax,” which, if given a chance, would have seen Al Gore transferring US coal reserves to the OPEC states and Al Jazeera before a tax deadline- and I’m not kidding on that; or any one of several “jobs” bills, where the only job created was the jobbing of taxpayers for the benefit of mobbed-up highway contractors. 



While Obama told everyone his fiscal cliff solution meant that taxes were “only” going up for millionaires and billionaires, he forgot to mention that he was reckoning those figures in Japanese Yen- a million Yen equals only $11,433.80 reckoned in US Dollars.   

Advertisement

So…anywho…taxes are going up on EVERYONE, even lowly community organizers.

The budget won’t be cut ANYWHERE, not even in the Defense Department.

Actually, we should all stand-by for more dumb spending proposals, and the taxes that go along with them.

Because the Dems wasted no time in turning the political victory they waged on the GOP into Pyrrhic victory they wage on taxpayers.

Not content to have raised taxes again, the Democrats have turned into a caricature of the caricature that the GOP said they were all along, greedy for money, not satisfied even though government spending will account for 41 percent of GDP in 2012.

Swaziland, Albania and Vietnam spend less on government as a percentage of GDP.

Back in the USA, Liberals are already demanding- this before the new tax receipts have even hit the US Treasury’s bank account- that taxes go up again.

And other liberals are whining that they didn’t know that the newest taxes applied to them.        

What can I tell you? Prepare for more fairness everyone.

Because politicians, liberals will argue, don’t cause tax increases, it’s the dirty, rotten dollars that cause tax increases. And the only way liberals know how to deal with anything, including dollars, is by regulating, confiscating and rationing.

In short, they need to institute “dollar control” to remedy the problem of tax increases.   

Advertisement

If liberals could make sure that only the government had access to dollars, then everyone would be safe from high taxation.

The first step in this plan is banning high capacity bank accounts that millionaires and billionaires use to keep the rest of us down. These high-capacity bank accounts hold millions and billions of dollars, and, if in the wrong hands- see Bush, Geo. - have the potential of creating massive jobs, profits and mass prosperity.

In short, a liberal genocide.

Because while Bush spent money, he kept unemployment down; while Bush waged war poorly, the economy was better off. And even if Bush created a deficit, the red ink was more incidental than it was intentional. 

You can’t argue that Obama’s had anything but a negative result on: 1) unemployment; 2) national security; or 3) taming the federal budget.

And that’s not incidental, it’s intentional.

For your intentions Mr. Obama, thank you.

They’ve helped saved the GOP once again from their own failures.                     

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos