Obama Tilting at the Limbaugh Windmill

You'd think with our economy tanking the leader of the free world might be focused pretty exclusively on resolving it.

Instead, Obama has been sucked into an on-going verbal sparring match with Rush Limbaugh! The sad part is, he hasn't a prayer in a war of words with Limbaugh. It's like a man with a pea shooter getting sucked into a fight with a street gang!

This is not meant to credit Limbaugh's rhetorical style (though he is a master at what he does!) Rather it's a testament to the power of the ideas behind his speech. Limbaugh has the history of the founding fathers on his side. Obama's stuck recycling the repeated failures of long-discredited liberal ideas.

Obama Lies with a Straight Face

It's breathtaking how sincere Obama can look when staring into that teleprompter and lying to America. It's almost as if he's practiced it all his life!

Remember the "No tax increase on anyone making less than $250,000 per year" promise? He stated it time and time again during the campaign, then restated it in his address to Congress last week. At the same time he's proposing removing the current cap on FICA which is currently $102K. Oops....so, much for $250K! Now if you make over $102K you've just had an extra 7% added to your tax bill. Since your employer matches the FICA this amounts to a tax hike for them, too, which will probably affect the amount of your next pay raise...or whether you even have a job! Sweet!!

But that's only the beginning. Have you looked into his new Cap and Trade plan? He's planning on raising $650B from that little tax. Who'll pay it? Only those who use any form of energy from fossil fuels. So, that's 80% of your electricity and all of your heating fuels. It will amount to approximately $2,116 additional tax on every man, woman and child in the country.

And he's done it all with a straight face. Truly amazing.

Here's your new mantra: Obama Lied, Economy Died!!

Another Perspective on Big Oil Profits

This blurb came from the Vancouver Sun:

Exxon earned more than $128 million a day, or nearly $1,500 every second during the quarter. The company said that was after it paid $4,100 a second in taxes and $14,700 a second in expenses to run the business.

So the government get's almost $3 for every $1 Exxon's stockholders get! And that's BEFORE the government collects all the additional taxes from consumers at the pump.

So, with none of the risk the investors have endured, the gov't takes almost 75% of the profit!

But that isn't enough for Obama. He now wants to take a big chunk of the 25% the stockholders had left and distribute it to Americans via another stimulus check!

Democratic greed knows no bounds.