The Show Has Begun

We are going to need a lot of popcorn to watch the show in Congress for the next two years.

Taken from an article at The Gateway Pundit posted today:

In the last 24 hours since taking control of the House of Representatives, Democrats have:

** Introduced articles of impeachment
** Called for the impeachment of “mother f*cker” Trump
** Scratched Israel off the map and replaced with Palestine
** Called for a 60%-70% tax rate
** Refused to fund a border security wall
** Worked one day and went on break until Tuesday

It gets even better:

Open Democrat-Socialist Rep. Alexandria “Sandy” Ocasio-Cortez called for a 60%-70% tax rate on Friday.

That was quick.

Ocasio-Cortez: “But once you get to the tippie tops, on your $10 millionth, sometimes you see tax rates as high as 60% or 70%. That doesn’t mean all $10 million are taxed at an extremely high rate. But it means that as you climb up this ladder, you should be contributing more… I think radicals changed this country. Abraham Lincoln made the radical decision to sign the Emancipation Proclomation. Franklin Delano Roosevelt made the radical decision to establish programs like social security. ”

Hold on to your wallet, there has been a change in Washington.

 

Going Against Conventional Wisdom

Yesterday Breitbart posted an article about a recent study of which states are the wealthiest and which are the poorest. Then Breitbart compared those results with the voting records of the people in those states. The results were surprising.

The article reports:

Democrats paint themselves as the party looking out for the little guy and more interested than Republicans in representing the poor and their best interests.

But according to Ken Fisher, the founder and executive chairman of Fisher Investments, best-selling author and one of the richest men in the United States, a USA Today study released earlier this month that shows the economic profile of all 50 states, ranked by household income, reveals much more.

When Fisher read what he called “a breathtaking economic profile” of the states he found in it something that was “embedded” in it that reveals what he believes is “arguably the greatest unseen political truth of our time.”

This is the surprising correlation:

USA Today headlined its story reporting on its findings: “Wealth in America: Where are the richest and poorest states based on household income?”

But Fisher headlined his commentary about the study published in USA Today on Sunday: “Midterms: Poorest states have Republican legislatures, and richest have Democratic ones.”

“Fathom it, and you will see how politics may unexpectedly affect economics and wealth for years to come,” Fisher wrote.

The article points out that the five richest states have legislatures controlled by Democrats. He doesn’t mention that those states also have some of the highest tax rates in the country. Those states are Maryland, New Jersey, Hawaii, Massachusetts, and Connecticut.  According to an article at Wallet Hub, a website that ranks states according to tax rates, Maryland ranks 44th, New Jersey ranks 47th, Hawaii ranks 51st, Massachusetts ranks 45th, and Connecticut ranks 49th in the list of states with the lowest tax rates. Yes, I know there are not 51 states, but the District of Columbia was included in the list.

I guess you have to move to a state with a legislature controlled by Republicans if you want lower taxes.

Confusing Giving With Taking

Investors.com posted an article yesterday which clearly shows a basic difference in philosophy between Governor Romney and President Obama. The article deals with the current debate over extending the tax rates put into place by President Bush about ten years ago. The Democrats are still fighting the battle to raise those taxes.

The article reports:

Speaking last Wednesday in New Orleans at a campaign event, Obama talked about “another trillion-dollar giveaway for millionaires” in reference to an extension of the Bush-era tax cuts.

A day later, White House spokesman Jay Carney did the same thing. He called the extension “another $1 trillion giveaway to the wealthiest Americans.”

What they are talking about is the House Republicans’ opposition to legislation approved in the Senate that would raise taxes on those earning more than $250,000 a year, a sum less than the president makes yet is somehow considered to be the mark of wealth.

ABC’s Jake Tapper questioned Jay Carney about the idea that tax-cuts are the same as giveaways:

ABC’s Jake Tapper wanted to know what he would “say to a small-business owner who says that’s not a giveaway, that’s my money, and by the way, I’m going to need some of that money in order to help pay the health care of individuals that I’m now mandated to do?”

Tapper further said, “It’s not giving anything away; it’s allowing me to keep my money.”

Needless to say, Jay Carney never directly answered the question.

The article concludes:

Americans should be deeply offended that anyone would categorize the act of keeping one’s own money as a giveaway. And they should be profoundly alarmed when policymakers and their aides hold that view because they can turn their beliefs into oppressive law.

Remember, government creates neither wealth nor jobs. It has to take everything that it owns, and that requires force — real or implied.

Obama was elected in 2008 on a platform of hope and change. The promises sounded good to many even if they were not defined.

Now those terms have taken shape — unmistakably and unsettlingly.

If a government that owns all is the change Obama promised in 2008, and it becomes the dominant governing philosophy of this country, then there’s not much hope left.

That pretty much says it all.

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