OBAMA RE AFFIRMS HIS DEDICATION TO THE CONTINUED MARCH TOWARD GOVERNMENT DOMINATION OF COMMERCE AND AMERICAN LIVES THROUGH TAXATION AND CONFISCATION OF WEALTH FOR REDISTRIBUTION.
Obama spent his time explaining the severity of our deficit dilema and how taxation of "wealthy" will solve our problems. What he failed to explain was, who he considers to be wealthy!
Small business owners who gross $250,000.00 dollars a year will be included in that "wealthy" classification for high taxation.
For those of you who don't own a business, its important to explain that a small business operates on margins or small percentages of the total gross revenues. specifically, a small business man who has a shop or sevice company operates on only 5 to 20% of that $ 250,000.00 dollars or at best $ 50,000.00 per the fiscal year. All the rest is cost of business; rent, materials, advertising, equipment, distribution, fuel, upkeep, utilities and more.
This puts Obama's idea of "wealthy" Americans into a set of people who struggle to pay bills and are very far from wealthy! Obama knows this and points his speeches toward employees and individuals he believes have no understanding of how business works, who can be manipulated to react to his speech of purposeful omissions.A small business owner who actually makes $ 250,000.00 dollars per year, would have to gross $1,250,000.00(one million, two hundred fifty thousand dollars) at 20% profit to keep 250,000.00 net.
That is a world of difference from what Obama pretends to be saying!
A small business man taxed on $250,000.00 at 40 to 50% means he will not be in business!For you employees willing to throw businessmen under the bus...you wont have your job! there won't be a job because the government will tax that business right out of business! At 40% of 250,000.00 dollars taxation or $ 100,000.00 in tax liabilities, how will that businessman pay almost half of what he collects to the government? Can you see that? For you state and city employees, you will lose your jobs too! there wont be any tax collections made from small businesses who have been driven into the ground. HERE IS THE BIG AND UGLY TRUTH ALL BUREAUCRATS HATE; NO BUSINESSMEN=NO TAXES,NO TAXES=NO STATE OR CITY OR FEDERAL DEPENDENT JOBS! ITS NOT THE OTHER WAY AROUND!
The Economy is so far down, Businesses surely cant pass on double taxation to the customer!
Due to Obamas confiscatory performance so far, there are no customers!!!
Today, Government employees outnumber manufacturing and industrial workers 3 to 1!
How can that sustain itself?
Inspite of the lies from Democrats, I have a news flash for you "GOVERNMENT CREATES NOTHING, CREATES NO WEALTH, GOVERNMENT ONLY EATS UP THE EFFORTS AND WEALTH OF OTHERS!"
THIS MAKES THE PREMISE OF OBAMAS SPEECH A FRAUD RIGHT FROM THE BEGINNING! OBAMAS STATEMENTS OFFERED HALF TRUTHS INTENDED TO MIS-INFORM THOSE OF LESS EXPERIENCE AND EXPOSURE TO BUSINESS RIGHT BACK TO CLASS WARFARE AND DIVISION. THE ENTIRE DEMOCRATIC PLATFORM HAS NOW BEEN CEMENTED TO LIES AND CLASS WARFARE! DIVIDE LIE AND CONQUER
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OBAMAS SPEECH WAS A DISHONEST MANIPULATIVE DECEPTION!
Disgusting, disappointing and revealing! We are now posed with a president who intends to lie his way into another 4 year term! A President dedicated to consuming the fruits of American labor for his own ambition and personal political gain!
You will notice he didn't offer one solution for increasing economic activity and bringing commerce back to life! Not one solution for astronomical GAS prices, FOOD prices or anything about Economic recovery.
No mention of steps to trim government back on intrusive restrictions from the E.P.A., wasteful spending through double and triple redundency of government agencies, lifting of punative Oil Embargos, refusal to open natural gas production and delivery and a hundred more opportunities to reduce the deficit through rescinding government spending
Infact Obama made no mention that he would yank some of the Government jobs that have swelled some 235% in 2 years since he took office.
Jobs that outpace private sector jobs similar in nature by 140% in pay scale
THAT IS BECAUSE HE DOES NOT INTEND FOR US TO RECOVER!
Instead, he spent his time blaming ex-president Geo. Bush for the 500 Billion dollar deficit he inherited on the drug prescription legislation fought for by none other than the Democratic Controlled Congress led by Nancy Pelosi and Harry Reid since 2006!while Geo. Bush was president.
Since Obama has been President, he has spent 4.8Trillion dollars in 2 years! that is more money than all U.S. Presidents in office combined, including the 500 billion deficit from Bush!
Obama was full of platitudes, talking points and inference, however his speech was running on empty in regards to truth and real presidential leadership.
Obama has signaled that he and the Democrats are willing to bet it all on the stupidity, gullability, inexperience and base greed of the american people!
Look for all Democrats to break out the same old talking points of redistribution, government hand outs and promise of buying dependent voters off for hand outs! DISGUSTING!
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