Showing posts with label Abomination. Show all posts
Showing posts with label Abomination. Show all posts

Saturday, January 17, 2009

Recipe for Depression Soup: Abomination Earmark Stimulus

Head chef, Barry and his Abomination Plan has further disintegrated into one huge earmark package for dems. The perfect recipe for Depression Soup. This is no stimulus package. This is a dem appropriation bill. No wonder Barry states no earmarks will be allowed. Because all the dem pork is included. Not to be overlooked, Barry states he is going to create around 600,000 new federal jobs for dem cronies as part of his Jobamaunism Plan. (20% of 3 million jobs will be federal). Just what a rotten economy needs--600,000 more dem socialist federal bureaucrats.

Barry has sold his soul cooking to special interests and every dem politican in DC. And the billions keep being added daily to the soup pan as the the cost of the soup is getting closer and closer to costing a trillion dollars of national debt. And that's just this year. Who knows what he is going to cook up for FY 10? Probably shoe leather stew.

While concurrently, Barry's spending on infrastructure keeps shrinking. Total appropriations for infrastructure is now down to a palty 90 billion of the currrent estimated abomination of 825 billion. $825,000,000,000.00. Plus or minus a wooden nickel or two.

Barry 's soup is making the classic political error. Try to appease every socialist special interest known to man. Including all these whiny state governors. And all his plan will do is fail to stimulate much of anything. Same old DC. A narrowly tailored stimulus focused on infrastructure might have kept the pot from boiling over. But here, this soup is overflowing from all the pork added.

Expect the recession to grow to a depression as long as Barry "FDR" Hoover is in charge. The Fantasy Express honeymoon is over. Time for us taxpayers to eat some Depression soup for a long, long time.

I must not be depressed during a Fantasy Express depression. We all can still have some good times during this upcoming Depression. Attitude and humor is the key to staying happy while eating all this Depression Soup.

Blame the Fantasy Express dems while paying for it.

Saturday, January 3, 2009

Fueling Obamunism

Get ready. In late January, the dems are going to try to raise the federal fuel tax again; as well as recommend states to do the same to pay for "stimulating" the economy by a process called Abomination.

Expect the same results as 1994. Not only do the dems want to raise the tax, they also want to index it based on inflation. And this is just one tax. Expect a dem controlled Congress to raise many taxes under Obamunism.

The current federal fuel tax is 18.4 cents a gallon. Kansas adds 25 cents. Then, there are the county and local taxes where I reside that add another 7.7 cents via local sales taxes. So the grand total per gallon is 51.1 cents per gallon. And this total is before any zany proposed increase in federal or state fuel taxes are considered.

And that tax total only only includes the direct taxes on fuel excluding taxes charged to merchants. Naturally, merchants pass taxes related to fuel to you in addition, that also adds to the cost of one gallon of gas. And for diesel, its even worse.

Currently, we are consuming 390 millions gallons of gas a day as a nation. This is a crapload of of derived tax revenue benefiting at all levels of government. Since the fuel tax revenue is declining from less consumption, the federal and state governments will be arguing for massive increases in lost revenues from fuel taxes.

So, with the economy in the tank, we are going to be penalized for driving less by a tax that never goes backwards-fuel taxes. A consumption tax. The federal and state governments love high fuel prices because they benefit while you pay. Hence, why gas prices climbed about $4 a gallon this past summer. And what will the price a gallon will be in the summer of 2009 with higher fuel taxes? Don't count on the federal or state politicians to do much about fuel prices. Remember, they benefit-you pay.

What I propose would be best for our nation is the exact opposite-lowering the fuel taxes at both the state and federal level; instead of an Obamanation's first round of "stimulation". (Adding around a trillion to the federal debt). I also believe the higher the price of gas, the tax should be reduced in direct proportion--a sliding scale; if not eliminated.

Obamunism including big government dem controlled Congress has everything backwards. Just like 1994 with a lot of FDR type socialism piled on top. History is replete that you stiffle economic recovery by raising taxes, including fuel taxes. All higher taxes and deficit spending will do, is ensure a lot longer recession.

Just so no to Obamunism including no to raising fuel taxes. As a matter of fact, demand a reduction in federal fuel taxes and any indexing should be an inverse relationship. The higher the price of gas, the lower the federal and state fuel taxes.