The Hypocrite in Chief … After Demonizing the Rich, President Obama only Pays Effective Tax Rate of 18.4% for 2012
LION LYING KING: There has been no greater hypocrite to ever grace the White House than President Barack Hussein Obama … The following is subtitles. Taxes for thee, not for me.
President Barack Obama is about class warfare, he is about dividing America and now he is about hypocrisy. During the 2012 Presidential campaign Obama railed on the 1%’ers and called all those rich people who paid less than their secretaries the evil rich. Obama harped on the so-called Buffett Rule, which would require millionaires to pay at least 30% of their income in taxes. Of course this came about because the evil rich were making most of their money from investments as opposed to income, that are taxed at a different rate. During the 2012 presidential election Obama played class warfare and went after his GOP opponent Mitt Romney who paid about 14% on his income. Obama made political hay lying to the American public and using the issue that ultra-rich Warren Buffett paid less in his tax rate than did his secretary. However, in 2011 the hypocrite that resides in the White House also paid a lower effective tax rate than his secretary.
What, You thought the 30% tax for the rich was meant for me?
Guess what, Obama is even more of a hypocrite in 2012 than he was in 2011.
According the WSJ, President Barack Obama paid an effective tax rate of only 18.4%. Yup America, that’s it. For all his whining, for all his rhetoric, for all his class warfare and the rich should pay 30% … OBAMA ONLY PAID 18%. I guess this is more of the shared sacrifice that Obama talks about. Obama tells other rich folks that they are evil because they pay a low tax effective rate, yet he takes advantage of the same deductions and loop holes that everyone else does. If he was a true leader and really had the convictions of his beliefs, he would have told his accountants not to take the deductions and make it that his effective rate came to 30% for 2012. However, he did not do so because like every liberal, he wants others to pay the money, not themselves.
President Barack Obama and first lady Michelle Obama paid $112,214 in federal income taxes for 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said.
The first family’s adjusted gross income—the amount after certain deductions and exemptions—was down from $789,674 the Obamas reported in 2011, when they paid total federal taxes of $162,074, an effective rate of 20.5%.
The decline was due primarily to falling royalties from sales of books Mr. Obama has written, according to tax returns released Friday. The president’s book-related earnings peaked in 2009 when he garnered about $5.6 million from two publications, “The Audacity of Hope” and “Dreams From My Father.” The royalties have fallen over time, to just under $274,000 in 2012.
The Obamas paid $29,450 in state income tax to Illinois for 2012.
Obama is truly a disgrace as President. Where is the MSM calling Obama out on his double standard hypocrisy? Personally, I do not believe in the “Buffett Rule”, but if one did and actually wanted to make it a law, one would think that they would lead by example. Not this president.
Mitt Romney Discussing the Sequester: “I see this as this huge opportunity, and it’s being squandered by politics … The hardest thing about losing is watching this golden moment slip away with politics.”
This morning in an exclusive interview on FOX News Sunday with Chris Wallace, Mitt Romney and Ann Romney for their first major interview since his November Presidential election loss. Romney stated that President Barack Obama and Congress missed an opportunity and have squandered an “almost once-in-generational opportunity for America to solve its fiscal problems.” Romney told Chris Wallace that it killed him not to be president finding solutions to the nation’s problems. Romney slapped at Obama for not leading or bring people together. Instead, Obama was playing politics. There probably are many people right now that wish Romney was president. However, all the US has to look forward to is four more years of the miserable same.
“I’ll look at what’s happening right now, I wish I were there,” Mitt Romney said. “It kills me not to be there, not to be in the White House doing what needs to be done. The president is the leader of the nation. The president brings people together, does the deals, does the trades, knocks the heads together; the president leads. And — and I don’t see that kind of — of leadership happening right now.”
From Bloomberg News:
That opportunity, Romney said in a “Fox News Sunday” interview was the combination of the expiration of Republican President George W. Bush’s income-tax cuts at the end of 2012 and the automatic spending cuts that went into effect March 1.
“I see this as this huge opportunity, and it’s being squandered by politics, by people who are more interested in a political victory than they are in doing what’s right for the country,” Romney said in the Fox interview. “And it’s very frustrating.”
“The hardest thing about losing is watching this, this critical moment, this golden moment, just slip away with politics,” Romney, who lost the 2012 election to President Obama, a Democrat, said.
Romney didn’t say what he would have done instead.
Obama “has the opportunity to lead the nation and to bring Republicans and Democrats together,” Romney said. “It’s a job he’s got to do and it’s a job only the president can do.”
DEMOCRAT & MEDIA DOUBLE STANDARD … Oops, Looks like Obama Treasury Secretary Nominee Jack Lew was Sheltering his Money in the Cayman Islands … But It’s Not Romney So That’s OK
Imagine that, only sheltering monies in the Cayman Islands is an issue for Democrats and the MSM when it comes to Republicans and Mitt Romney. Where is that class warfare rhetoric from Obama now?
Don’t look now but President Barack Obama’s Treasury Secretary nominee Jack Lew’s nomination may have hit a bit of a snag. It would appear that he has made investments in the Cayman Island to shelter money. Of course this is not an issue now for the Obama White House, Democrats and the liberal MSM. It was only an issue for former 2012 GOP presidential candidate Mitt Romney. Of course it will make no difference to Obama, he is the one who previously had Turbo tax cheat Timothy Geitner of the Treasury Secretary. What’s a little Cayman Island sheltered money?
Republicans have been critical of Lew since his nomination was announced last month. Sens. Jeff Sessions and Orrin Hatch have questioned his role in Medicare policy decisions and his role at Citigroup.
“He’s got to still answer some questions or we may have to postpone the hearing,” Hatch told POLITICO on Thursday. “Right now, I’ve agreed to the hearing date but it is subject to having answers to the questions that were raised. They aren’t difficult to answer, they can answer them.”
Sources said Republicans have not given any indication that they plan to use the information to stall the upcoming hearing or to block the nomination completely.
Committee members will have the chance to question Lew directly at the hearing next week.
“[They] have every right to bring these issues up, that is why we have the committee hearing,” Neary said. “No one is being stopped from asking any questions at these hearings.”
But of course there is no double standard here. Barack Obama was highly critical of GOP presidential nominee Mitt Romney for similar investments in funds based in the Cayman Islands, but now has the nerve to nominate an individual who has done the same. How hypocritical could Obama be? Obama obsessed over offshore tax shelters, but nominated someone who has done the very same that Obama claims to be against. What a joke. The Obama White House actually had the nerve to defend Lew and his investment by stating that Lew paid all his taxes on all of his income. As an American Thinker states, the point is not that Lew disclosed or paid taxes on his income, the issue at hand is the idea that it is evil to have an offshore account – at least it was for Mitt Romney. The specter of an offshore account raise the issue of hidden income and avoidance of taxes. That was the story when Obama slandered Romney, but some hoe it a different story when it comes to Jack Lew.
“President Obama has been almost obsessively critical of offshore investments. He called Ugland House ‘either the biggest building or the biggest tax scam on record,’” Grassley wrote in a statement late Friday.
“For years, we’ve talked about shutting down overseas tax havens that let companies set up operations to avoid paying taxes in America,” Obama said. He said his budget proposal would crack down on businesses which incorporate in places such as Ugland House.
Grassley said of the contrast between Obama’s statements and Lew’s past investment, “The irony is thick.
Which One’s the Turkey? Obama Mocks Mitt Romney During Thanksgiving Turkey Pardoning of Cobbler and Gobbler
It would appear that Barack Obama is still lost in smallness …
President Obama took a swipe at Mitt Romney during the annual White House Turkey pardon event. Should we have expected any less from the most polarizing president ever? Obama pardoned two turkeys, Cobbler and Gobbler, but managed to seem hold a grudge against Mitt Romney and mocked him during the pardoning event. Obama told the audience he had one more “gift” to give before the country moved “forward.”
“So in the spirit of the season I have one more gift to give,” Obama joked in apparent reference to Mitt Romney’s claim after the election that Obama won by giving “gifts” to minority groups, Obama said he was going to pardon the National Thanksgiving Turkey, named Cobbler, and his stand-in, Gobbler.
“The American people have spoken, and these birds are moving forward,” he added.
Hmm, Cobbler and Gobbler best not get their hopes too high. It would appear that the turkeys that Obama pardoned last year are pushing up daisies. Peace, one of the two turkeys that Obama pardoned last year was euthanized Monday. Obama and Obamacare could not save the turkey and it may just be a sign of things to come for Obama’s second term.
Peace, one of two turkeys pardoned by President Obama last year, was euthanized Monday, according to an official who insisted the timing of the death – days before the Thanksgiving holiday – was not suspicious.
Rebecca Aloisi, vice president for marketing at the Mount Vernon Estate, confirmed that Peace had been dead after a weekend “illness.” But Aloise knew neither the nature of the illness, the manner of death, nor what had been done with the remains of the large, edible bird.
Newspapers are a microcosm of the mood swing of American voting sentiment from 2008 to 2012.
Add the Wisconsin State Journal and the New York Daily News to the list of newspapers who have switched from endorsing Barack Obama in 2008 to Mitt Romney in 2012. Similar to how many Americans voted for Obama in 2008 and have switched to Romney in 2012, so goes the print media. The endorsement from the Wisconsin State Journal went as follows:
… But this election is about jobs, the slow economy and Washington’s dysfunction. Our leaders can’t even pass a budget, much less stabilize soaring debt that’s burdening our children and grandchildren.
Obama failed to embrace his own commission’s bipartisan debt deal. Ryan, serving on the commission, similarly balked at the solid and comprehensive agreement.
But Obama is the president. The buck stops with him. This is now Obama’s economy, …
Check out the papers at least 30 papers that supported Obama for president in 2008 that have flipped to endorse Romney for president in 2012. The daily papers include:
•Cape Cod Times
•The Daily Herald
•Daily News (L.A.)
•The Dallas Morning News
•Des Moines Register
•The Florida Times-Union (which split between McCain & Obama in ’08)
•Fort Worth Star-Telegram
•The Journal & Courier
•The Joplin Globe
•Naples Daily News
•New York Daily News
•New York Observer
•Pensacola News Journal
•Press-Telegram (Long Beach)
•South Florida Sun Sentinel
•The (Nashua) Telegraph
•Wisconsin State Journal
This is quite astonishing that so many liberal newspapers have changed their endorsement and gone away from Barack Obama.
Its a sign … the liberal MSM is getting used to referring to Romney as President Mitt Romney.
This morning on CNN’s ‘State of the Union’, Candy Crowley referred to Romney when asking a questions to Senator Portman (OH-R) as President Romney. Freudian slip or is she just getting used to the next four years?
Transcript from NewsBusters:
CANDY CROWLEY, HOST: You have in Ohio a jobless rate that is better than the nationwide jobless rate, and you have an auto bailout that the President put in place that’s highly popular. What is it in this state that makes you think that President Romney, uh, sorry, Governor Romney can overcome those particular statistics and the feel of the voters?
SENATOR ROB PORTMAN (R-OHIO): I like your Freudian slip on President Romney. That sounded good.
Team Obama, his minions and the in the tank liberal MSM have touted that Obama was overwhelmingly ahead in his ground game and early voting. NOT SO FAST.
Last night Senator Rob Portman (OH-R) spoke with Sean Hannity discussing voting in Ohio and Mitt Romney’s chances of victory. According to latest reports, 230,000 fewer Democrats have voted early in Ohio this year. Also in contrast, 40,000 more Republicans have voted early in Ohio this year.
Gallup states that Romney is up by 7 over Obama in early voting. We will only know on election eve who has been telling the truth when it comes voter turnout.
Way to Stay Classy Democrats … Bill Clinton Politicizes Hurricane Sandy, Compares Romney Election to Hurricane Sandy
I guess when Obama and Democrats accuse Romney of murder, being compared to a deadly hurricane is par for the course.
It did not take long at all for Democrats to politicize Hurricane Sandy. Yesterday, former president Bill Clinton used the threat of the pending hurricane to compare to next week’s Presidential election.Comparing the election to a deadly hurricane, really Mr. Clinton? Way to keep in classy Slick Willy.
“We’re coming down to the 11th hour. We’re facing a violent storm,” Clinton said according to the Connecticut Mirror. “It’s nothing compared to the storm we’ll face if you don’t make the right decision in this election.”
Although, Clinton says that unless the “right” decision is made we are facing a storm worse than Hurricane Sandy. Maybe he is referring to Obama’s reelection as what could be worse?
Bad news for Barack Obama in Iowa and fantastic new for Mitt Romney … Des Moines Register endorses ROMNEY!!!
The Des Moines Register has changed their 2008 endorsement of Barack Obama to a 2012 endorsement of Republican Presidential candidate Mitt Romney. For the first time in 40 years the Des Moines Register is backing a Republican over a Democrat. The Register cited the number one issue of the economy as their reason for the endorsement.
American voters are deeply divided about this race. The Register’s editorial board, as it should, had a vigorous debate over this endorsement. Our discussion repeatedly circled back to the nation’s single most important challenge: pulling the economy out of the doldrums, getting more Americans back in the workforce in meaningful jobs with promising futures, and getting the federal government on a track to balance the budget in a bipartisan manner that the country demands.
What did they think of Obama in the end, it’s the economy stupid. This should provide great insight to voters as to just how bad Obama has gummed up the economic job recovery. For the first time in 40 years the paper endorses a Republic over a Democrat for President. That should speal volumes to Iowans. The paper stated that they thought Obama’s efforts to fix the economy have fallen short and there was nothing to believe that the same would not continue to be the case if given another four years.
“The president’s best efforts to resuscitate the stumbling economy have fallen short. Nothing indicates it would change with a second term in the White House.”
Maybe the Des Moines Register’s final decision to not endorse Barack Obama came from Obama’s comment to them in what was supposed to originally be an off the record interview, that Obama had no regrets on prioritizing Obamacare over jobs in his first two years.
The president was also asked about his decision to spend his substantial political capital, and exploit his large Congressional majorities, to aggressively push his partisan health care law, rather than in pursuit of other economic priorities. Obama’s answer? “Absolutely” no regrets:
QUESTION: “Some say you had a super majority in your first two years and had this incredible opportunity, but because of what you were talking about, as you were running, you had to go to get Obamacare done. Do you have any regrets taking on some of the economic issues, some of the issues that we’re talking about for your second term, that when you had the chance, so to speak, during your first — do you have any regrets that you didn’t do that at that time?”
OBAMA: “Absolutely not, Laura.”
Will this endorsement shake up the presidential race in Iowa? RCP has the average of polling at +2.3% Obama; however, that is with a rather suspect +8 Obama NBC/WSJ/Marist poll. Rasmussen has it an even tie.
UPDATE I: As reported at NewsBusters, the libs are in disbelief and trying to trivialize the endorsement as a joke. Actually Libs, the only joke has been that who has been in the White House the past 4 years. Even more sadly, the sick joke has been one perpetrated on America, and its citizens are not laughing.
What did it take for the legendary singer Meatloaf to make his first ever political endorsement? The answer, the thought of of a second Barack Obama presidential term of course. Meatloaf endorses Mitt Romney.
Meatloaf endorses Romney … He took “the words right out of my mouth”
Forget swing state newspapers and major politicians, Mitt Romney tonight received a premium endorsement that nobody was expecting when rock legend Meat Loaf took the stage here and threw his support behind the Republican presidential nominee.
“I have never been in any political agenda in my life, but I think that in 2012 this is the most important election in the history of the United States,” Meat Loaf said in a black silk shirt with sparkly buttons down the front and sequined designs on the sleeves. “Storm clouds [have] come over the United States. There is thunderstorms over Europe. There are hail storms, and I mean major hail storms, in the Middle East.
“Mitt Romney has got the backbone,” he said. “Go out and vote. Let me tell you what: I know there’s one thing that you’ve been taught your whole life, is that you never argue politics or religion with your friends. But 2012 is completely different.
“There are storms brewing through China, through Asia, through everywhere,” Meat Loaf said. “And there’s only one man that on the other night, when President Barack Obama, God bless him, said to Mitt Romney, ‘The Cold War is over’ – I have never heard such a thing in my life.”
How big is this election in 2012? Individuals from everywhere are coming out of the celebrity closet in support of Mitt Romney as they cannot fathom another Obama term.