Why We Love Rick Santelli … Blasts Obama and the Idiotic Buffett Rule that Accomplishes Nothing … Must Reduce Spending … Nothing But an Obama Distraction
The Buffett Rule … a taxation to no where …
Barack Obama and his minions continually play the class warfare game and talk of the “Buffett rule” as some way of paying down the debt. Sadly, so many have bought into the class warfare mantra and may want to educate themselves a bit more. They might want to start by watching Rick Santelli’s rant on the foolishness of raising taxes as being the answer. WRONG! The only way to reduce the debt is to decrease spending.
WAKE UP AMERICA … passing the “Buffet rule”would do nothing to reduce the deficit.
Of course, conservatives and Republicans have thought that all along. But in recent days, the trouble for Obama has been far broader, as commentators and politicians – faced with nonpartisan estimates that enacting the Buffett Rule would raise about $4.7 billion in revenue per year, less than a drop in the bucket of a $1 trillion-plus annual deficit — admitted that there’s just not much there.
As we are reminded at the Gateway Pundit, Santelli discusses the real job numbers and the 1.2 million people who dropped out of the job market.
SERIOUSLY AMERICA, WAKE UP AND EDUCATE YOURSELF AND STOP BUYING INTO THE LIES OF BARACK OBAMA AND HIS MINIONS. Use some common sense, you can’t spend your way out of a recession and you cannot tax your way out of abusive over-spending by a government. The Angry White Guy has some common sense calculations that all can and should understand.Take a good look at what happens when we cut government spending vs. raising taxes. Stop the hate and the nonsense of class warfare … its not about the rich making money and individuals being green with envy, you should care more about an abusive, over taxing government. Didn’t we have a Revolutionary War over this once?
So soaking the rich would make how much money? Must be a lot for Obama to much this much time into it – on average less than $5 BILLION a year…. $5 BILLION it’s a lot of moo, it’d fund my good and bad habits for quite a while. But at the government level… $5 BILLION isn’t squat and would run the Federal government for less than two hours, so $5 BILLION – it’s laughable at that level.
By the way cutting federal spending just 1% like trips to Vegas and iPods for GSA workers would save $37 BILLION a year, cut it 10% do the math $370 BILLION a year.
On CNN ‘State of the Nation,’ Republican National Committee Chairman Reince Priebus stated that the Obama backed “Buffett Rule,” was nothing more than a political maneuver meant to distract from his record on the economy. YA THINK!!!
Republican National Committee Chairman Reince Priebus on Sunday said the proposed “Buffett Rule,” backed by President Barack Obama, is a political maneuver meant to distract from his record on the economy.
Priebus said the rule, which would level a minimum tax rate on millionaires, amounts to “one single tiny alteration of the tax code” that will not make a significant dent in the budget.
Posted April 15, 2012 by Scared Monkeys
Barack Obama, Buffet Rule, class warfare, Economy, Nanny State - Big Government, Obamanation, Obamanomics, Out of Control Spending, Wasteful Spending, You Tube - VIDEO | 4 comments
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4 Responses to “Why We Love Rick Santelli … Blasts Obama and the Idiotic Buffett Rule that Accomplishes Nothing … Must Reduce Spending … Nothing But an Obama Distraction”
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With no budget approved for over three years, Barry gets a free ride to spend as he pleases. We can blame a lot of the overspending and general fiscal mess in the federal goverment on the tax and spend policies of the Socialist/Democrat party.
A proper housecleaning of fat government agencies could probably reduce spending as much as thirty percent.
Congress needs to take the position that it is time to get the fiscal house in order. To do this will require a detailed audit of every agency. Once the audit is complete, the congress must find the political will to cut or eleminate any program that is not directly related to national defense.
the debt has absolutely nothing to do with:
9/11 attacks, Huricane Katrina, Afghan war, iraq war.
giving taxcuts (to the upper 2%) while going to war also didn’t do the budget much good.
SM: I know that you only listen to the liberal media sound bites, but here is a news flash … the Bush tax cuts have tax cuts to all people, not just the rich like what LIBS disingenuous say.
“The 2001 act and the 2003 act significantly lowered the marginal tax rates for nearly all U.S. taxpayers.”
The debt has much to do with it … Obamacare makes the wars look like a mere pittance.
And already Romney proves his financial acumen is leaps and bounds beyond the President in one of the hardest hit States in America:
“The only way to reduce the debt is to decrease spending” When I need to pay off debt I make larger payments. Giving tax breaks to the multi-millionares keeps our country making “the minimum monthy payments” Even if we make big cuts to programs that are well liked we still have a dedt, the national dedt. One of the reasons “the greatest generation” was so named is that they paid their war bills, ie a 91% tax on millionare after WW1 and WW2. If they were the greatest we are the most greedy!