Tax the middle class and Obama will be a one-term president

 

My Monday morning just started and already I’m wishing I had just stayed in bed because these Monday morning blues are stressing me to hell out! 

From the moment I turned on my television set, headlines and anchors across the cable news networks have been  asking the question, “Will Obama raise taxes on the middle class?”.

OMG!! that can’t be right? I need more coffee! Taxing the middle class, with the economy as horrible as it is, would be Obama’s Waterloo. It was the first George Bush’s and Obama is smarter than him right? So he wouldn’t make that mistake…right?

I don’t know what Larry Summers and Tim Geithner were thinking when they appeared on the Sunday morning chat shows talking about the ways and means that could be used to pay for health care and to reduce our deficit.

Do Democrats want Obama to be a one-term president? Or more importantly does President Obama want to be president again? Or is he satisfied with the fact that he was able to beat all the odds and become America’s first black president? I don’t know anymore because if you analyze Obama’s actions and words lately you might think he wants the GOP to kick him out the White House in 2012!  He just keeps giving them more and more ammunition. God, even  John McCain thinks it’s safe to come out of hiding.

One way or another Democrats and liberals find a way to f#$% things up!

 

If Tim Geithner goes Ben Bernanke should resign as well..

Today Edward Liddy, Chairman and CEO of  AIG, told a Congressional House Panel that the US Federal Reserve has been aware of the retention bonuses for months.

Now, before Tim Geithner became Treasury Secretary he was chairman of the New York Federal Reserve and Ben Bernanke, the current Federal Reserve chairman were both instrumental in crafting AIG’s bailout.

If Liddy is to be believed both men were well aware that these bonuses were to be distributed on Friday March 13th months in advance. 

However, it seems politicians are increasingly pointing the finger at Geithner. 

I know it’s hard to be fair right now but Geithner isn’t the only one to be blamed for the situation we now find ourselves in. Bernanke was there too and so was previous Treasury Secretary Hank Paulson .What was his contribution to these million dollar bonuses? What did all these men know? And why didn’t they do something about this bs then?

And now we find out that there was a provision to cap these bonuses but it was removed from the final stimulus bill!

ARE THESE PEOPLE MAD?

I want answers!

Drag all of them up to Capitol Hill. Not just Liddy and Geithner! Supboena Paulson too!

It’s easy to dislike Tim Geithner. From his tax avoidance problems during his confirmation hearings, to his very first press conference where he was described by one writer as ‘looking like a terrified spaniel’ . Geithner doesn’t seem to be doing anything right. And the more he tries, the worse it gets. He hasn’t inspired confidence in the markets or the American people. And during bad economic times confidence is what most people seek and eagerly look for from their leaders. And he’s failed miserably.

However, if Geithner is forced to submit his resgination Bernanke should submit his as well since they are both equally responsible for this debacle. And one man shouldn’t be left holding the bag for the international mess known as AIG.

Geithner and Summers to save auto industry..

To do list for Larry Summers and Tim Geithner

1. Save the American economy

2. Save the American homeowner

3. Create 4 million jobs

4. Return tax payers’ money with interest

5. Save the American auto-industy

What will Obama add to their to do list next?  And you thought your to-do list was rough..lol

Another Obama nominee with tax problems?

But this one has actually withdrawn her nomination.

Nancy Killefer was nominated by Obama back on January 7,  for the post of Deputy Director for Management at the Office of Management and Budget (OMB). According to the White House Killefer has withdrawn but no other details have been reported.

MSNBC is reporting it’s due to tax issues.  First there was Geithner, then Daschle now Killefer.

Killefer knew that she wouldn’t have been confirmed since she would’ve been the proverbial straw that broke the camel’s back.  This is quite unfortunate since she would have been only the sixth woman in Obama’s cabinet.

But I have to ask again. What is it with these people and taxes?

Nobody likes to pay high taxes but as Holmes said, ” Taxes are what we pay for a civilized society.”

However, like Norah O’Donald of MSNBC I am left wondering ” Why isn’t the Obama administration fighting for her the same way they fought for the others? “

On the surface it just doesn’t seem fair and if she was forced to withdraw her nomination for a  $1 000 tax problem than I think Daschle should do the same.

Obama’s cabinet nominee + taxes = Big Problems

First it was Tim Geithner, US Treasury Secretary. Now it’s Tom Daschle Health and Human Services nominee.Thank goodness they aren’t that many posts left.

Are Obama nominees trying to take Walter Anderson’s  title away from him?  I know, I know, I’m exaggerating just a bit here but come on people what the hell is going on?

I know we all make mistakes and many of us will probably make some type of tax error in our lives so I can understand and expect a few errors here and there. I’m sure the toughest Obama critic could overlook a sizeable, if it were indeed honest, mistake. But tax errors of this magnitude and this protracted scream FRAUD.

I mean how do you not pay $128,000 in taxes over three years? I’m sorry but this misake is neither innocent or honest. And it cannot be explained away by differences in tax codes etc, etc.  Instead, it appears, that this was an attempt to game the system. The same system that we, the public, have been asked to repair with our tax dollars. The same systerm that is now broke and teetering on the edge of collapse because guys like Geithner and his pals on Wall Street manipulated and abused it to their advantage.

I have little patience or tolerance for these individuals. And their nomination to these high profile posts is really a slap in the face to individuals who follow the rules, pay their taxes and expect those that lead to do the same.

Unlike Stuart Whatley over at Huffington Post  I do believe that Obama should not be nominating individuals that have violated the law or the rules and guidelines he has established for himself and his closest advisers.  It is not as Whatley argues ‘hypocrisy as the means to a practical end’ it’s just plain hypocrisy regardless of the outcome or the party in power its stench doesn’t change. 

Daschle will probably be confirmed but if I were on Obama’s vetting committee I’d make damn sure that the next   nominee to go up to Capitol Hill is as transparent as glass and that he/she is able to recite the tax code by heart since the next nominee with tax problems may not be as lucky.