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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 734581  
Subject: President Armageddon Date: 2/20/2013 8:23 AM
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>> President Obama returned from a long weekend with his golfing buddies on Tuesday to take up his by now familiar political stand: If Republicans don't raise taxes in return for more spending, the world will end. We wish he'd stayed on the putting green.
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as a public service we thought we'd break down the President's three biggest political tricks.

• The Washington Monument ploy. "If Congress allows this meat-cleaver approach to take place," he moaned, "it will jeopardize our military readiness;"
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Americans need to understand that Mr. Obama is threatening that if he doesn't get what he wants, he's ready to inflict maximum pain on everybody else. ... It's the old ploy to stir public support for all government spending by shutting down vital services first.
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• The recession scare. Mr. Obama warned that the sequester will "hurt our economic growth [and] add hundreds of thousands of Americans to the unemployment rolls." But hasn't Mr. Obama been telling us that the economy is coming back and the stock market is up?

Mr. Obama just whacked the economy with a roughly $160 billion tax increase in 2013 that he says will do no harm, but he wants us to believe that $85 billion in spending cuts will trigger a recession.
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• A tax increase disguised as "tax reform." Mr. Obama isn't proposing to substitute other spending reforms for the blunt instrument of the sequester. He is actually demanding another tax increase on top of the one he just beat out of Congress <<
http://online.wsj.com/article/SB1000142412788732349510457831...

I remember the Washington Monument ploy well. I can't remember year it was, but the Smitsonian would only be able to be open a couple of hours a day and other such silliness. The truth is, even defense could without a lot of the desk jockeys at the Pentagon. All they do is go to meetings and harass contractors. <g> Been there ... as a contractor.

arrete
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