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Title: Planting the Seeds of His Own Demise
Source: The American Spectator
URL Source: http://spectator.org/archives/2012/ ... planting-the-seeds-of-his-own/
Published: Dec 5, 2012
Author: Peter Ferrara
Post Date: 2012-12-05 08:19:00 by A K A Stone
Keywords: None
Views: 1751
Comments: 2

Stop that cringing! I can already see the light at the end of the tunnel. And it's not pretty for today's neo-Marxist Democrat party.

The man you see before you as your President today bears a striking resemblance to the main character in a Greek tragedy. He so reeks of hubris. Every word that drops from his lips speaks a haughty derision of the lesser beings not benighted to be a cog in his political machine. All witness Obama the Magnificent, the conqueror of America, which was the world hyperpower, but is now the Sick Man of the 21st Century, en route to terminal illness.

Middle class beware. Did you not hear four years ago Obama the Magnificent bewail that America with 4 percent of the world's population consumes 25 percent of the world's resources? So unfair, you know, the magic incantation of the Obama Regime. He told us that "we just can't keep driving our SUVs, eating whatever we want, keeping our homes at 72 degrees at all times regardless of whether we live in the tundra or the desert, and keep consuming 25% of the world's resources with just 4% of the world's population, and expect the rest of the world to say you just go ahead we'll be fine."

The sloppiness in El Primo's thinking there is revealed by the phrase "the world's resources." But America in reality never consumed any of the world's production. It always only consumed 100% of America's production (including what it traded some of that production for).

That is why previous American Presidents would have said, you got a problem with the American standard of living, you just address your complaint to the Seventh Fleet. But under Obama, America does not even have a Seventh Fleet anymore. We barely even have a First Fleet, and that is doomed to the sequester budget guillotine, on the same road as America's formerly dominant nuclear deterrent.

So much for America's former morally embarrassing global military dominance. And Obama has the same solution for America's former morally embarrassing overconsumption. Reduce America with 4 percent of the world's population to consuming just 4 percent of the world's resources, a decline of 84 percent from its former standard of living. That would be fair, in Obama's eyes. Richard Trumka, call your office.

The Obama Timeline to the Dustbin of History Conservatives who want to fight back should start with Obama's Second Inaugural Address and his 2013 State of the Union. These will be grand pronouncements of neo-Marxist principle and strategy. Books should be written unwinding them. They will be monuments to the Obama tactic of Calculated Deception, i.e., taking advantage of what he is sure a majority of Americans do not know, and what he calculates the Democrat party-controlled media won't tell them.

But in his hubris, and self-deception, Obama will plant the seeds of his own demise in the words of those addresses. Every paean to the middle class should and will be written in stone and compared to subsequent performance. Every promise to the poor and working people will be stored for future reference as the impact of Obamanomics on the poor and working people unfolds.

At about the same time, the first shoe will drop -- the 2014 Obama Budget proposal. This will outline what America's socialist future will look like under the Grand Vision of the Great Marxist, as the numbers crunchers effectively force Obama to confess that he wants higher taxes to pay for higher spending, which is what the budget will show. Check out in particular CBO's long-term projections of federal spending, and the national debt. They will show Obama is proposing the so-called Swedish socialism of the government taking and spending more than half of the entire GDP. (Even the Swedes have grown past Swedish socialism.)

Since the end of World War II, two-thirds of a century ago, federal spending has been remarkably stable at around 20 percent of GDP. But in his budget, Obama will propose doubling and even tripling that over the long run, as CBO's long-term projections will show. His budget will also propose national debt spiraling well beyond even what has trashed and ruined Greece, as CBO's projections will also show. In other words, Obama's hubris will lead to worse than a Greek tragedy.

These will be simple indicators of the socialism that has taken over the modern Democrat party. But if you want a simple indicator of why Obama is indeed a Marxist, you can find that in what he repeatedly says about his own tax policies. In a world where, according to official IRS data, the top 1 percent of income earners pay 39 percent of all federal income taxes, three times their 13 percent share of income, and where the middle class, the middle 20 percent of income earners, pays less than 3 percent of all federal income taxes, while earning 15 percent of income, Obama wants to raise all income tax rates on "the rich," so that they will pay what he sees as their fair share.

To a normal person, the fair share of federal income taxes for a top 1 percent earning 13 percent of income is 13 percent of the taxes. For a Marxist, the top 1 percent earning 13 percent of the income while paying only 39 percent of the income taxes is unfair because it is only fair for the top 1 percent to pay most of the income taxes by themselves.

A normal person would see that policy as social theft. But a born and bred Marxist would see that as social justice, because it is unfair for the top 1 percent of income earners to even exist. Their income and wealth is not earned in the Marxist view, but stolen from The People. So it is only fair that the people steal it back.

Don't believe it? Then ask the Obama Administration for their explanation as to why their tax policy is fair. If they say they want everyone to pay the same tax rate, then why are they not for the flat tax? And if that is their standard of fairness, why are they not proposing tax rate cuts for "the rich"? According to the CBO, based on official IRS data, the top 1 percent pay an average federal tax rate of 29 percent, taking into account all federal taxes. The middle 20 percent of income earners, the middle class, pays an average federal tax rate of 11.1 percent. The bottom 20 percent of income earners pays an average federal tax rate of 1 percent.

Warren Buffett, call your office, which is the headquarters of the largest tax shelter in the world. The more Obama raises tax rates on the rich, the more will flee to Buffett's tax shelter, which protects investors from precisely the capital gains taxes, and taxes on dividends, that Obama is raising the most. Buffett is laughing all the way to the bank, but if you are middle class, or poor, the joke is on you, as we will see.

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#1. To: A K A Stone (#0)

Here's the problem: Obama and his team and way smarter politically than the inept Republican "leadership".

Here what Obama is thinking: The economy sucks. Unemployment has been over 8% for my entire first term. The debt is spiraling out of control. I STILL got reelected.

This why even though he barely got 50% of the vote, he's acting like he got 90%.

Right now Obama is a win-win situation, because John Boehner and Mitch McConnell are blithering idiots.


"we must as a species go into a period of shrinkage that we have not experienced since the Dark Ages and the Black Plague" -- lucysmom

jwpegler  posted on  2012-12-05   8:44:57 ET  Reply   Trace   Private Reply  


#2. To: A K A Stone (#0)

But in his budget, Obama will propose doubling and even tripling that over the long run, as CBO's long-term projections will show. His budget will also propose national debt spiraling well beyond even what has trashed and ruined Greece, as CBO's projections will also show. In other words, Obama's hubris will lead to worse than a Greek tragedy.

It's not Obama's budget. I doubt he can balance his own checkbook. It's the GLOBALIST budget,spoon fed to him by Soros.

As I have said before,if you want to create a new form of government,first you have to destroy the existing form of government.

Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)

sneakypete  posted on  2012-12-05   8:52:40 ET  Reply   Trace   Private Reply  


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