As of now, I am in control here, in the White House

Obama: I Will Raise Taxes Again, Yes

In an interview with CBS News anchor Scott Pelley Sunday, President Obama, made it clear he’ll be back in your pocket looking for more of your money.

Have a look-see.

Let me do some translating for you: Revenues means TAXES. I get why Obama doesn’t want to call it taxes, but what’s disgusting is to see a journalist playing along and using the word revenues as well.

Ditto, BTW for investments. This is what’s known in the none-spin world as SPENDING.

You can see from the video where Obama’s focus is. He has specific ideas for raising taxes, but only vague ideas for cutting spending. And the vague notions he offers up suggest he’ll be delivering painless – i.e. meaningless – cuts. That’s what’s meant by “smart spending reduction” and reducing “waste in the system.

IT MEANS HE PLANS TO DO ABSOLUTELY NOTHING. Unless forced to do otherwise

What’s more, as the country becomes ever more deeply buried in debt, Obama is still talking about adding NEW SPENDING, “like education and research and development that are going to help us grow.”

I know what’s growing:

national debt

34 Responses to Obama: I Will Raise Taxes Again, Yes

  1. This reminds me of an anecdote I once read about a planetarium–the speaker kept going on and on, quite superciliously, about the ins and outs of the universe and Earth. Finally, one person piped up and said, “Well, WE like it.” Pres Obama still has to live here–if he wrecks the country, he better remember he promised to always be rich himself, so he will wreck his own situation.

    • Hah Shofar – right you are. Agreed, so it is with Dems. Tax and Spend Liberals as ole Reagan coined, with great effectiveness. Pretty accurate label.

      Now, to play fair, what do Republicans like Reagan do when in office? Well, with Republicans it is NOT “Tax and Spend”: It was just “Spend”. Spend, spend, spend…

      Kind a blinding simplicity to it all… lol… ;)

      • Why go all the way back to Reagan for an example of a big spending Republican? Do you know who the two biggest spending presidents in American history are?

        Republican George W. Bush – $4 trillion in 8 years.
        Democrat Barack H. Obama – $6 trillion in 4 years and climbing.

        The Gross National Debt was $10.6 trillion when Obama was crowned in 2008. By 2016 the Gross National Debt is predicted to top $20 trillion and we’re not even talking about unfunded liabilities. Our goose is cooked with the big spending politicos from both sides of the aisle.

      • I get this stuff like you do. I have done the math. Like most on here, I have looked at it all the way back to as far as records were kept. I also use deficit expressed as a percentage of GDP as a better expressive measurement, and have cross referenced who owned congress during each presidential period…

        Hence, the simplicity expressed in my brief observation. Now that we are all wired globally, I suspect at some point in the next decade or so, “offshore folks” will be getting the middle finger from us…

        ~ RT

  2. That’s neat–I won’t use the word “cool”. How did you do that? I agree with the person below: you need to make that a permanent feature, upper “left hand” quarter maybe.

  3. He doesn’t want to fix our economy, he wants to take US down; that Gross National Debt is just that – gross; and Scott Pelley isn’t a journalist, he’s an obedient sycophant.

    Pelley should take a clue from Anne O’Hare McCormick and how wrong she was about Germany’s new leader when she interviewed him for a 1933 front-page NY Times article “Hitler Seeks Jobs for All Germans”. She lobbed softballs to him like, “What character in history do you admire most, Caesar, Napoleon, or Frederick the Great?”. Then with glowing admiration for the little monster, she described him as “a rather shy and simple man, younger than one expects, more robust, taller… His eyes are almost the color of the blue larkspur in a vase behind him, curiously childlike and candid… His voice is as quiet as his black tie and his double-breasted black suit… Herr Hitler has the sensitive hand of the artist.”

    • “A wonderful ferment was working in Germany. Life seemed more free, more modern, more exciting than in any place I had ever been… Everywhere there was an accent on youth. One sat up with young people all night in the pavement café the plush bars, on a Rhineland steamer or in a smoke-filled artist’s studio and talked endlessly about life… Most Germans one met… struck you as being democratic, liberal, even pacifist. One scarcely heard of Hitler or the Nazis except as butts of jokes ….” – William Shirer, an American journalist living in Berlin, writing in 1928.

  4. The fastest way to get his attention is to ground AF1, except for a national emergency.
    Obama, why isn’t it ready for me ?
    Air Force, it is Sir.
    Obama, I need to go to Nevada to make a speech.
    Air Force, The congress has determined that the expenditures you have incurred in the past have exceeded the ability of the American taxpayer to compensate for the use of the aircraft that we pay for.
    AF1 is not your personal aircraft, nor are the transports you utilize to transport the vehicles you use to shut down cities across the nation to make inane comments to orchestrated audiences.
    Therefore, the congress has determined that you will no longer be allowed to use the aircraft for inessential trips when you have the MSM to get your message out to the people that you speak to.
    Obama, WTF ?

  5. This afternoon Rush played the part of his interview where he mentioned getting rid of the tax break on “carried interest” as well. Don’t really understand it, but gather that is how the really rich movers and shakers avoid paying taxes on their wealth. Getting rid of that tax break will take carried interest from the current rate of 20% to 39.6 or 40%. That ought to chap the hide of his hedge fund buddies like the Oracle of Omaha. Your turn on the government rack, Warren.

    • To plagiarize a bit from Gracchus: This republic of ours is something like a rich widow. Most Americans love her as their mother but Obama dreams of marrying the old girl to put it politely.

      Spartacus circa 1960

      • Ive been re-reading “Rubicon; The Last Days of the Roman Republic” by Tom Holland. Im comparing the end of the Roman Republic to the ‘end’ of our American Republic (some good comparisons…)

        • Thought there was a previous reference there. Good for you. Eager to see future posts. I recently downloaded Plato’s “The Republic” free from iBooks. Reading Ancient Greek philosophers on an iPhone will take a long long time. I might have to crack open my wallet….

  6. There are many similarities between the way the US administration runs its play book and the Labour party of Australia (The current government down under). The focus is on vitriolic attacks on the leader of the opposition, the creation of a climate of fear via envy of those wealthier;. Most importantly taxation increases are described as “Savings” (from a national budget perspective), and government spending such as a national broadband network $60bn is left out of the national accounts because they dress it up as ” A self funding project”. That’s why I noticed Obama’s change of phrase on Sundays CBS interview in regard to taxation now known as revenue and spending now to be known as investment.

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