Last month in his Rose Garden address Obamster pressed Congress to pass his new jobs bill and, during this national crisis, put a shot in the arm of our economy. “This is a bill that will put people back to work across the country.” His jobs bill was in fact another tax hike although he did not say about taxes when he spoke. People are no longer open to the idea of class warfare realizing the greedy rich create employment.
Obama: “No games. No politics. No delays.”
The DC liberal fat cats had plenty of Wall Street green to pass around until regulations and taxes shut the flow down. Wall Street protesters invaded selected cities, not touching DC, and last weekend shutting down the Brooklyn Bridge. Burst Updates: “Next comes Europe, unions, rocks, fire…, socialism…” The unions have arrived.
Let’s review a major problem that has just come to light, education loans. Hope and change was the foundation for the regime from day one, creating equal opportunity for all. Education was and is a major factor. Every aspect in the plan required government takeover and monetary boosting, student loans were no exception. ObamaCare was yet another means to take control of our freedom and an amendment, federal loans for education, wiped out the private access. Today not only are these graduates unemployed, they are financially obligated to the regime. Unintended?
The private loaning institutions are not only being hit for higher taxes, ObamaCare, mortgage disasters, ATM regulations…, unions are in their front yards at home and at work.
Tax is a common denominator everywhere. If yours is not increasing deductions are being removed. What’s the difference? It has become obvious today that in the end the consumer pays. If a company cannot raise prices it lays off employees, reduces benefits or pay, lowers dividends… Ultimately you suffer.
What happens to churches or charities which lose tax free status let alone the giver who loses the deduction? Those institutions put people back to work.
Reuters: “The American Federation of State County and Municipal Employees, Communications Workers of America and the Amalgamated Transit Union said they would be joining the protesters voicing discontent and anger… … The nation’s largest union of nurses, National Nurses United, also said it would join the New York march…”
Consider the massive wealth unions generate, why are they tax free? We looked into Wisconsin’s top 2010 campaign contributors to understand what might be behind all of Obama’s efforts to endorse these unions, 4 of the top 6 in the state were labor unions.