Fighting to Preserve Liberty in America
Andrew Breitbart at CPAC
The shocking news arrived courtesy of Fox News this morning. Conservative lion Andrew Breitbart was dead. In his pursuit of conservative principles and his disdain for the other side, he was fearless.
What do you do when you can’t run on your record? If you watch the Democrats you will find out. The answer is to manufacture bogus issues out of thin air and try to anger and scare people into voting against dismal Democrat policies.
In the presidential debate on January, 7, in New Hampshire, ABC’s panel pressed hard to have the candidates say whether they believed states had a right to make contraceptives illegal and whether there was a Constitutional right to privacy. Romney, sidestepped it like a skilled matador, Ron Paul fumbled it.
Photo by Mike Licht, nationscapital.com
Often overlooked in the class warfare that President Obama is unleashing on America so that he can continue spending, is how business is being strangled by regulations. Every time the government fails to protect our rights and freedoms because it is too busy trying to micromanage our lives, and as a result some calamity descends upon us, the answer is always more regulations. Nowadays, that will typically mean thousands of pages of new laws that turn into tens of thousands of pages of new regulations and those who never met a payroll wonder why we are stuck at 9% unemployment.
Photo by Violentz
Most presidents view an address to a joint session of Congress for serious non-partisan purposes. Outside the annual State of the Union address they are rare. President Bush only did it once, in the aftermath of 9/11, and while jobs are very important to the country at this time, it is no place for a lecture (saying pass this bill seventeen times) from the most inexperienced president in our history.
This is a story you are not likely to hear about from the mainstream media. As previously reported on this site the Obama administration, led by Hillary Clinton, came down hard on the sovereign country of Honduras for upholding their constitution and fighting against a Chavez style, “leader for life” power grab by their president Manuel Zelaya.
If you can’t take the guns away from the citizens, then tax the gun dealers out of existence. In New York, the state assembly just passed a law requiring that all semi-automatic weapons incorporate micro stamping. Micro stamping is a technique that will stamp the make, model, and serial number of a gun on a shell casing before ejecting it from the gun. The idea being that it would make it simpler for the police investigating a crime to find spent shell casings at the scene and voila, instant criminal identification. Only it doesn’t identify the criminal, but only the last legal owner of the gun, provided that information is in a registry (there’s that registry thing again).
When did the distortions start? Was it with Officer Crowley and the Cambridge Police Deparment “acting stupidly”? Was it with the distortions over ObamaCare? How about dressing down the Supreme Court while the camera catches Samuel Alito saying “not true”. His assault on Paul Ryan’s budget blueprint after inviting Congressman Ryan to come hear his speech, brings to mind Joe Wilson’s outburst, “You Lie!” during another Obama address in Congress. It is becoming all to common to hear the lies and distortions from this president, but they keep coming. The good news is that Congressman Ryan is not afraid to counterpunch.
To no one’s surprise, President Obama followed his lame first attempt at a budget with the same tired class warfare “taxing the rich is the solution plan”. The problem is spending. This problem is not going to get fixed until we: a) stop spending more; b) start spending less; and c) spend less than we take in until the debt is paid off. Yes, I said paid off. We are the wealthiest country on earth. We should be able to live within our means and not have to borrow to keep a bloated, inefficient, unaccountable government in Washington growing and growing.
Let’s take a look at the facts. The following three charts show how much of Adjusted Gross Income is earned by the most productive 1%, 5%, and 10% (the blue bars) and what share of total income taxes they pay (the red bars). This is over a twenty year period:
Share of Income vs Share of Tax Burden of Most Productive 1 Percent
Share of Income vs Share of Tax Burden
Share of Income vs Share of Tax Burden of Most Productive 10%
What is clear from all three of these graphs is that over the past twenty years if you look at the trend lines, while the most productive amoung us produced more, the share of the tax load they paid grew even faster. So let’s stop the sleight of hand about how many dollars the changes in tax law affect Mr. Obama personally and let’s be clear, to use Mr. Obama’s favorite phrase, there was no tax cut voted in December, the vote just maintained the status quo. So, Mr. President, level with the American people. Just what percentage of total income taxes do you want the most productive 10% of Americans to carry? Since you feel 70%, the amount they carry today, is not enough, what do you think is fair? 80%? 90%? 100%? Should the most productive 10% of Americans pay all of the income taxes while the other 90% pay none? Stop dancing around and be straight with the American people and tell us how much of the total pie is fair for the most productive to pay?
But we don’t have enough revenue because of the Bush tax cuts, you say. Okay, let’s put that one to rest as well.
Federal Government Revenue over Time
It is clear that the tax revenue collected hit its peak after the Bush tax cuts. They fell off after the start of the recession, which is expected, but it appears they bottomed in 2010 and the Bush rates were extended (not increased, not decreased). It’s the spending, stupid!
Trying to raise more money through raising tax rates runs into Hauser’s Law. As I explain in Liberty’s Lifeline, W. Kurt Hauser looked at eighty years of revenue data and concluded that tax revenues will not exceed 20% of GDP no matter how high the rates. If spending continues at 24% of GDP where it is now, we will be digging a hole out of which we will never escape. It’s the spending, stupid!
Instead of leading, President Obama, came out yesterday with Budget 2.0, and basically made a campaign speech instead of a serious policy statement demonstrating leadership. Here is Charles Krauthammer’s analysis:
httpv://www.youtube.com/watch?v=FR0E3trOF-k
President Obama ran for office with the promise of bipartanship. He promised to change the tone in Washington. He has not even been able to change his role from campaigner-in-chief to chief executive and instead has become punter-in-chief. He punted his responsibility to put together a budget to a bipartisan commission. He didn’t like the yucky medicine his commission offered up and so he dismissed their recommendation. He now talks of a new bipartisan commission.
He also likes to follow the instructions of his mentor Saul Alinsky, “pick a target, freeze it, personalize it, polarize it.” He did it to the members of the Supreme Court in his State of the Union address after the Citizens United v FEC decision by calling them out as they sat immobile in front of him. He repeated it yesterday by inviting Paul Ryan and other Republican leaders to this speech and then attacked them.
httpv://www.youtube.com/watch?v=3JjGGnwe6UQ
When I started writing this blog in 2008 it was primarily because I saw the candidate Obama as someone with no executive experience, a few years in the Illinios senate where he voted mostly present, less than a full term as a U.S. Senator before he bailed out to run for president, and the author of a couple of books and I was stunned that people across America actually believed this man, who may be great guy to have a beer with or play a game of basketball or golf, could actually handle the job. Well, as another of his mentors, Reverand Wright, once said, our chickens are coming home to roost. I would much rather have Jimmy Carter sitting in the Oval Office today than this man, and that’s saying something.
It’s about the spending, Mr. President, and if you don’t understand that, wake up Joe Biden and give him a turn at the wheel. It’s time to take your responsibility seriously and make some tough decisions. Right now 2012 is a pipe dream for you.
That’s my opinion; I’d like to know yours. Please comment below.
