Wednesday, December 19, 2012

Boehner's Plan B - Take It Or Leave It

Republican Speaker of the House of Representatives, John Boehner, has wisely ended negotiations with Socialist President Obama, the Man/Child, that were going no where related to dealing with the Fiscal Cliff.   The House of Representatives will shortly enact Boehner's Plan B to maintain the Bush Tax Cuts in place for everyone earning less than $1 million a year.   This is the same plan recommended by Former Speaker of the House Socialist Congresswoman Nancy Pelosi of San Francisco and Socialist Senator Chuckie Schumer of New York.  This means that those married couples and small businesses, with income in excess of $1,000,000 will see their taxes above $1 million go up to 39.6%, the old Clinton tax rate, effective January 1, 2013.    Personal income tax rates for everyone else will remain the same.  

So, Obama got exactly what he has been asking for, which is an increase in income tax rates for "millionaires and billionaires"; though personal income tax hikes in ObamaCare will also negatively impact  married couples and businesses earning $250,000 or more.   None of this will amount to a hill of beans because Obama is borrowing $6 billion every day to fund his Socialist Schemes.   Obama has created a spending trajectory that requires more than a Trillion dollars in borrowing, added to the National Debt every year,  more than any other President in American history, with no end in sight. 

The fact is that we don't have a revenue problem, especially with the additional Trillion dollars in tax revenues that will come in with these tax increases in the next ten years, we have a MAJOR spending problem.   Obama and his Socialist pals in Congress, that have not passed a budget in 4 years, refuse to cut spending.   Finally, Republicans in the Congress, the only adults in town, look like they will pass a responsible bill in the House to overt the Fiscal Cliff.   This needs to be a Take Or Leave It Deal.  Once the Republican majority in the House of Representatives does its job, they should send the bill over to Socialist Senator Dirty Harry Reid, the majority leader in the US Senate and the President and just go home for Christmas.   The ball will be in their court.   They will either go along to get along, or they will raise taxes on all Americans; which includes all of their PEEP's. 

Enough already.   Dealing with Obama is like dealing with a spoiled child; hence the reason I call Obama a Man/Child.   It is time to get real and deal with Entitlement reform to save Social Security, Medicare and Medicaid for future generations.   We also have to cut other redundant government programs, commissions, agencies and departments by eliminating 500,000 federal government civilian employees, out of the current 2.65 million, to get federal government spending down from Obama's 25% of GDP to the more traditional 18%.   This is the only way to deal with deficit spending and to ultimately pay off the National Debt to restore economic growth and job creation again in the American private sector.   It will not happen any other way. 

Socialists will never do any of this, which is the reason Republicans must act on their own and keep sending legislation over to the Senate and the President to apply pressure to get the job done.  Obama is purposefully attempting to bankrupt our country, causing economic collapse to grab more power for the federal government over all aspects of daily life.   Republicans should play no part in making that happen and should instead stand in the way of Obama's Socialist Schemes at ever opportunity.   Republicans should tell the President to go pound sand. 

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