Aug 03 2009
Tax Cheat Admits to More Taxes!
Its a new day with new lies. Timothy Geithner, the tax cheat who is responsible for our economic recovery, just shook his head in agreement as Sen. Charles Grassley (R) stated that over the next decade, according to the CBO, the Obama administration will add $9 trillion dollars to the national debt. Ol’ TurboTax Tim, just sat there as George Stephanopoulos grilled him about having to find “new revenue.” What that means is “we need to find more suckers to tax.”
The lies start at the “we were left with a $1.3 trillion dollar deficit.” Mr. Tax-cheat failed to mention that this deficit was over an 8 year period. In a few short months, Obama ran up $1.85 trillion (again..according to the CBO). Another extended finger pointing back to Bush by Obama and his tax-cheat running the Treasury. NOTE: Obama voted for nearly everypolicy and bailouts that helped create the deficit under Bush.
http://www.usatoday.com/news/washington/2009-02-26-deficit_N.htm?csp=34
The CBO estimated that the Obama budget deficit will total an astounding 13.1 percent of GDP this year. As a comparison, under George Bush, the federal deficit for 2008 was 3.2 percent of GDP. The deficit for fiscal year 2007, in the last budget adopted when Congress was controlled by Republican majorities, was 1.2 percent of GDP. Obama’s deficit will force the United States to borrow nearly $10 trillion in the next decade.
This is more than seven times Reagan’s largest deficit of $221 billion, which caused so much howling among liberals and Democrats. This Obama budget deficit will total an astounding 13.1% of GDP, more than one-eighth of the entire U.S. economy…for the federal deficit alone! The CBO projects that by 2019 under Obama’s budget, the deficit will still be over $1 trillion.
Remember Obama telling this lie: “We are moving from an era of borrow-and-spend to one where we save and invest?” Should we still believe in his words any longer, or his actions?
So, what are the Tax-cheat and the administrations new strategy? Now the key to recovery is reducing the deficit. It took these geniuses 7 months to figure this out?
Tax-cheat went on to say that the U.S. must cut the federal budget deficit…which is over $1 trillion, in order for the economy to have a recovery…ooh, and he is not ruling out taxes. Just another campaign promise Obama can’t keep and will break. I’m shocked!
Wanna hear another funny claim the Tax-cheat and the administration are putting out there? They believe “overhauling” the health care system will help them cut the deficit. OK, laugh with me…
The CBO has informed them, time and time again, that their health care bill will not save money…it actually adds to the deficit. At no time during the interview did Mr. Tax-cheat explain how they plan on shrinking the deficit. Are we really shocked?
The so-called health care bill is just like the previous three bills. It is nothing but a huge entitlement plan. The T.A.R.P bill was an entitlement plan for banks and wall street. The American Recovery Act…aka stimulus bill…only provided entitlements to those who voted for Obama and the Cap and Trade bill is an entitlement to corporations like GE…who backed Obama in his presidential bid and allowed MSNBC to pimp his myth of hope and change.
So for those who keep drinking the Kool-aid mixed with hope and change, I “hope” you are ready for some tax increases and plan on keeping that “change” in your piggy bank. Don’t be angry, President HopenChange only fooled 53 million of you.
