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HISTORICAL QUOTE OF THE WEEK - "Always bear in mind that your own resolution to succeed is more important than any other." ABRAHAM LINCOLN

Tuesday, June 03, 2008

BARACK OBAMA, MARXIST TAX HIKE FOR AMERICA

Unless a coup takes place at the Democrat Convention in August and Hillary Clinton manages to twist the arms of hundreds of Super Delegates, Barack Obama will be the nominee for the Democrat Party.

While many liberals tout Obama as the messiah of politics who will save the nation, do these elitist liberals truly understand the fact that Barack Obama's economic and other domestic policies are Marxist and in fact follow almost to the letter many of the ten planks of the Communist Manifesto written by Karl Marx in 1848?

If they do , then do they really care that Obama will take this Nation down the slippery slope to a Marxist style Socialism and an isolationist foreign policy that beleives that The United States should bow at the alter of the UN and essentially ask permission from European Nations before taking actions that protect our national security and sovereignty?

The above video outlines many of the tax ideas that Obama has presented during the campaign. All include some form of tax hike whether the Capital Gains tax which effects anyone who invests in the Stock Market including ALL 401K's which use stock investment as a cornerstone for the retirement program.

He favors raising the cap on personal payroll taxes which will effect every worker in the country but claims he wants to ONLY tax the rich in order to play on the vote of the Middle and Lower classes.

The second plank of the Communist Manifesto calls for, "A heavy progressive or graduated income tax." This to create the illusion of , "fairness," to all income earners as used in all Communist Nations and was the economic cornerstone to the birth of the Soviet Union and the economic basis of the USSR until its collapse in the late nineteen eighties.

This blind affection to Obama because of his great speaking ability and his attraction to the youth is not only dangerous but has him now in a position which places him an election away from possibly becoming the President of The United States.

This is who the Democrats are backing for The White House. A Marxist/Soclialist who believes in isolationism and a naive approach to our enemies which through appeasement will only embolden them to become stronger and allow countries like Iran to become a nuclear power.

While we who are on the opposite side of the politcal spectrum from liberals and Barack Obama have enjoyed the implosion of the Democrats during the Primaries and look forward to a possible war at their Convention in Denver, we must also realize the true danger and possiblity of Obama being the next President.

His Marxist/Socialist agenda and naive apprach to foreign policy, if elected, will be destructive to our Nation, dangerous to our security and a continual move even further away from the Constitutional Republic that our Founders gave birth through the sacrifices of the Revolution.

Ken Taylor

14 Comments:

Blogger Rob said...

Ken, I don't understand what you are complaining about.

Do you even know what the payroll tax cap is that Obama is referring to? Currently, Social Security taxes are only paid on income up to $97,500 per year. A person making $200,000, $500,000, or $10 million per year in salary pays the same amount in Social Security taxes as a person making $97,500 per year. Obama (and many economists) think this is unfair and is willing to raise the cap if Congress sends him a bill to do so.

This only effects people making more than $97,500 per year. I happen to be one of those people and don't mind the increase because I don't see it as my God-given right to pay less than what someone who makes less than me pays in taxes.

As for the capital gains tax, there is a very simple reason for doing this. The primary beneficiary of Bush's cut in the capital gains tax from 20 percent (when Clinton left office) to the current 15 percent is the very wealthy.

The CEO of Exxon Mobil got several hundred million in stock options last year. If he cashes some of them out and realizes a $100 million capital gain, he will pay $15 million in tax. But the guy drilling for the oil that made the CEO rich has to pay 30 plus percent on his salary. Even though both are compensation for work performed, the CEO was able to avoid $5 million (if the capital gains tax was returned to 20 percent).

What problem do you see with these two tax increases? Both are designed to make the rich pay a comparable level of tax as the rest of us.

4:26 PM, June 03, 2008  
Anonymous Anonymous said...

Once again we have an angry, ranting ultra conservative guy who has absolutely no proof or back-up for the scathing comments directed at Barack Obama. Might I remind you all that it is Republicans who are in office now and the country is in the toilet compared to every other 'wealthy' nation on the face of the earth. People like Ken go to church on Sundays but are eager to spread false gossip, pollute the environment and all other inexcusable things that conservatives do in this country. As an Aussie living in the United States I am horrified by the conservative right and how evil it is, as they smugly sit in the church pews thinking they are 'good christians', they are actually much worse than the 'loonie lefties' that they all too commonly attack. Ken, get a life please!

10:52 AM, June 04, 2008  
Anonymous Anonymous said...

Americans always live in the past because - for them - the future is too depressing... let's see... huge budget deficit, massive illegal immigration problems, overpopulation, broken health system, huge housing foreclosure problem, low value currency, huge crime, low minimum wage, unhealthy population, high gas prices with most people driving trucks, huge prison population, huge infant mortality, dumb school students, huge cost of university, racial issues between whites, blacks and hispanics.... need me to continue?... America, what a great country!!!! - yeah right. Bring on Barack Hussein Obama... we are all sick of old white guys running this fucked up country... Good ol America is in the toilet and everyone knows it...!!! bye.

11:02 AM, June 04, 2008  
Blogger Mrs. America said...

Hi Mr. Aussie I would like to inform you since 2006 the democrats have had the majority in both the senate and in the congress. Ergo, this country is not in the toilet, as you claim, due to the conservative right wing. There is a reason it is called the right wing not the Wright wing! If you want to be informed you should listen to WAEB radio instead of CNN. Yes, I cling the my guns and my religion because God is what made this country great and the right to bear arms is my 2nd amendment right! Barack's pizza analogy sounds good in theory but when the pizza is forced to be given to a government who doesn't know how to chew and will just drop it on the floor, like an infant, well I call that bad economic policy. If you don't like this country get out!

11:26 PM, June 04, 2008  
Blogger Marie's Two Cents said...

Sweet Jesus!

We cannot afford to let this lunatic loose in the White House!

12:33 AM, June 05, 2008  
Blogger Rob said...

Too much anger and name calling. The economic problems exist and have to be dealt with whether one is a Dem or a Republican.

Going back to the original post Ken had, I pointed out misunderstandings that he apparently has about Obama's arguments. I would love to have a substantive dialogue with someone who wants to debate the merits of Obama's proposals.

11:37 AM, June 05, 2008  
Anonymous Anonymous said...

As I recall, it was hellary who proposed that the capital gains tax go back to 20%. 'bama suggested 30% as the better level for it. Such an increase will be a HUGE tax increase on all seniors / retirees / unemployed people who reply on periodic sales of stocks / bonds to raise money to live on. It is a way to confiscate a large portion of their assets, and these people need to keep assets invested to produce the returns needed to pay their future bills. As they sell assets, they then have to sell more, to pay the taxes on the earlier sales, etc. the spiral continues until they are broke, and must then go on welfare / government services. That's NOT the direction we want to go as a free nation. We want people to become self-sufficient, to relieve government of the obligation / burden of supporting our seniors / retirees / unemployed. Tax hikes to raise money to create more programs is a huge step backwards. I truly believe that 'bama will be defeated because of his stand on tax increases, and his abdication of our national security - those two issues will be clearly vetted, and "do him in".

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