Thursday, April 30, 2009

Obama targets tea bags

POLITICO.com reported At his 100th-day town hall meeting in St. Louis Wednesday, President Barack Obama took direct aim at the anti-tax “tea party” demonstrations that have cropped up over the last month and took a veiled shot at the Fox News Channel, the cable news network closely associated with the protests.
And the cable news network that reaches more than CNN and MSNBC compined.
Asked about fiscal discipline and entitlements reform, Obama seemed to be repressing a smile as he jabbed critics of his spending plans. "Those of you who are watching certain news channels on which I'm not very popular, and you see folks waving tea bags around, Obama said, “let me just remind them that I am happy to have a serious conversation about how we are going to cut our health care costs down over the long term,
As long as it results in a single payer system, giving the government control over another part of our lives.
how we are going to stabilize Social Security.”
Which he will do by making senior citizens die faster by making them wait for needed treatment.
“But,” Obama continued, “let's not play games and pretend that the reason [for the deficit] is because of the Recovery Act."
e is right. It is not just because of the Recovery Act
it’s the stimulus and the bank bailouts and the Big Three Auto Company rescue plans and an energy overhaul and health care and increased education spending and all of the other spending of our children's, grandchildren's and greatgranchildren's inheritance to give him more power now.

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Money Versus Wealth

Doctor Zero blogged one of the fatal flaws in socialist economic policy [is] the confusion between money and wealth. Money is easy to create. Obama has already stolen a trillion dollars of it from the future.
Stolen from our children, grandchildren, and great grandchildren, just to give Obama power today.
All that was required was printing up a few more stacks of bills, and adding a few more zeroes to various federal balance sheets. Last night, like every other day of his presidency, Obama spoke about how much money he plans to “invest” in various government programs.
You invest in something that offers a Rate of Return. What is the RoI on Obama's investments, other than more power for him today.
Liberals in general, and the news media in particular, use the amount of money thrown at any given problem as the sole important method of measuring how much we “care” about it.
They show they "care" by spending other people's money. Conservatives show they care by donating more than liberals do to charity.
Wealth is a far more elusive, and important, part of the economy than money. Wealth is what people do with their money… and even more to the point, it’s what people could do with their money.

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