- "Obama's prime-time ad skips over budget realities"
Now Obama says he'll "cut taxes for every working family making less than $200,000 a year"?
It used to be for those making less than $250,000 .
- Joe Biden, his VEEP candidate, now bumps that down to under $150,000.
(Do I hear under $100K? Under $75K? Wait for it...)
- Just as Obama is doing, "Bill Clinton promised a 'middle-class tax cut' in 1992 only to raise taxes on the middle class in 1993."
- "Remember when the [Alternative Minimum Tax] AMT was only supposed to hit 21 millionaires? Next year, without relief, it could hit 26 million taxpayers. Tax increases always hit the middle class because that's where the money is."
Not only will those making under $150,000 or under $200,000 NOT get tax cuts, they'll get new taxes, under Obama.
- "One economist who observed this [legal] tax avoidance was Austan Goolsbee, of the University of Chicago, who is now a top Barack Obama adviser. In a 1999 paper, 'What Happens When You Tax the Rich?,' Mr. Goolsbee wrote that 'the higher marginal rates of 1993 led to a significant decline in taxable income.'...We saw a similar tax effect in 1992 when Bill Clinton raised tax rates. The Wall Street crowd accelerated income [etc.] to pay [taxes at the lower rate], not the expected higher rate. One of those who cashed out in 1992 was Robert Rubin, who would soon join the Clinton Administration."
- "A Federal Communications Commission investigation of on-air military analysts is providing a glimpse of what Democrats and an Obama administration will do to critics once they capture Washington."
- "If Iraqis could vote it would be for McCain"
- ACORN Whistleblower Testifies In Court--and she's an Obama supporter, and she's not alone in blowing whistles...
"[T]his spring, [Citizens Consulting Inc., the umbrella group through which most of Acorn's money flows] was paid $832,000 by the Obama campaign for get-out-the-vote efforts in key primary states. In filings with the Federal Election Commission, the Obama campaign listed the payments as 'staging, sound, lighting,' only correcting the filings after the Pittsburgh Tribune-Review revealed their true nature."
- "The real 'change' being put to a vote for the American people in 2008 is not simply a break from the economic policies of "the past eight years" but with the American economic philosophy of the past 200 years.
"The goal of Sen. Obama...is to move the U.S. in the direction [where]... business is allowed to create 'wealth' so long as its utility is not primarily to create new jobs or economic growth but to support a deep welfare system.
...
"This would be a historic shift, one post-Vietnam Democrats have been trying to achieve since their failed fight with Ronald Reagan's "Cowboy Capitalism.""The U.S. emerged a superpower, and the tool of that ascent was simple -- the pursuit of economic growth...
"Now comes Barack Obama, standing at the head of a progressive Democratic Party, his right hand rising to say, "Mothers, don't let your babies grow up to be for-profit cowboys. It's time to spread the wealth around."
"What this implies, undeniably, is that the United States would move away from running with the high GDP, high-growth nations rising today as economic and political powers and move over to retire with the low-growth economies we displaced -- old Europe.
...
"Many voters -- progressive Democrats, the asset-safe rich, academics and college students -- regard this as where America should go. [To them], monies saved by stepping down from superpower status can be reprogrammed into "investments" (a favorite Obama word) in a vast Euro-style hammock of social protection programs."from "The True Meaning of 'Historic Vote'; Shifting America's animating idea from creation to protection" by Daniel Henninger

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