The Ant, the Grasshopper & the Windfall Tax on Retirement Income…

Adding a tax to your retirement is simply another way of saying to the American people, you're so darn stupid that we're going to keep doing this until we drain every cent from you. That's what the Speaker of the House is saying. Read below..................

Nancy Pelosi wants a Windfall Tax on Retirement Income. In other words tax what you have made by investing toward your retirement. This woman is a nut case! You aren't going to believe this.

Madam speaker Nancy Pelosi wants to put a Windfall Tax on all stock market profits (including Retirement fund, 401K and Mutual Funds! Alas, it is true - all to help the 12 Million Illegal Immigrants and other unemployed Minorities!

This woman is frightening!

She quotes... 'We need to work toward the goal of equalizing income, (didn't Marx say something like this?), in our country and at the same time limiting the amount the rich can invest.' (I am not rich, are you?)

When asked how these new tax dollars would be spent, she replied: 'We need to raise the standard of living of our poor, unemployed and minorities. For example, we have an estimated 12 million illegal immigrants in our country who need our help along with millions of unemployed minorities. Stock market windfall profits taxes could go a long way to guarantee these people the standard of living they would like to have as 'Americans'.'? (Read that quote again and again and let it sink in.) 'Lower your retirement, give it to others who have not worked as you have for it'?

Send it on to your friends. I just did!! This lady is out of her mind and she is the speaker of the house!

Hmmm… Sounds like a little story I just sent out:

The Ant and the Grasshopper

Two Different Versions - Two Different Morals! FOUNDING FATHER’S VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The grasshopper has no food or shelter, so he dies out in the cold. MORAL OF THE STORY: Be responsible for yourself! BARACK HUSSEIN OBAMA VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the shivering0grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while others are cold and starving. CBS, NBC , PBS, CNN, and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food. America is stunned by the sharp contrast. How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so? Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, 'It's Not Easy Being Green.' Acorn stages a demonstration in front of the ant's house where the news stations film the group singing, 'We shall overcome.' Rev. Jeremiah Wright then has the group kneel down to pray to God for the grasshopper's sake. Nancy Pelosi & Harry Reid exclaim in an interview with Larry King that the ant has gotten rich off the back of the grasshopper, and both call for an immediate tax hike on the ant to make him pay his fair share. Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer. The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government Green Czar. The story ends as we see the grasshopper finishing up the last bits of the ants food while the government house he is in, which just happens to be the ant's old house, crumbles around him because he doesn't maintain it. All the ants have disappeared; no one is quite sure where they went. There is now no one working, earning a living or paying taxes. The grasshopper is found dead in a drug related incident and the house, now abandoned, is taken over by a gang of spiders who terrorize the once peaceful neighborhood. MORAL OF THE STORY: Be careful how you vote in 2010.

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• Pelosi: “Enforcing Immigration Laws in the U.S. Is Un-American” – With Video
• Hispanic Groups to CNN: Drop Lou Dobbs

Posted: Knowledge Creates Power & the Daily Thought Pad

Obamanomics

Obamanomics

by Ken Blackwell

Editor’s Note: This article was co-authored by Ken Klukowski, a policy consultant and legal analyst in Washington, DC.

Last week’s revelation - in Barack Obama’s own words - that he believes the U.S. Supreme Court should redistribute income to bring about “economic justice” in this country is the final piece of the puzzle that reveals what he believes about the role of government in our lives. Taken with his other statements about wealth, taxes and spending, it reveals a radical-left view of government like this country has never seen.

In 2001, on WBEZ radio in Chicago, then-state senator Obama gave a radio interview. Calling it “redistributive change,” Mr. Obama advocated the courts redistributing income as a civil rights issue. He acknowledged the Founders designed limits on judicial power that they considered “essential,” and then went on to say he could develop a legal justification for the courts to abandon those limits and redistribute wealth.

In that same interview, Mr. Obama said he was not optimistic about the Court redistributing income, not because the Court shouldn’t, just because the process of income redistribution would be difficult for the Supreme Court to manage. However, he continued, it could be done more effectively through legislation or administrative action.

In other words, Mr. Obama doesn’t at all object to federal courts redistributing income, because “economic justice” should be part of advancing civil rights.

These statements are the last piece of a puzzle people have been trying to decipher for two years: What does Mr. Obama really believe? These statements, combined with his other statements over the past few months, finally give voters a coherent picture of Mr. Obama’s views.

Earlier this year, Charlie Gibson asked Mr. Obama if he would still raise capital gains tax if it would not bring in additional revenue and instead adversely affect millions of Americans. Mr. Obama responded he would still do it out of “fairness.” Even if the tax would hurt the economy, losing millions of jobs and squeezing working families, Mr. Obama will do it because in his mind it’s “fair.”

That statement is consistent with Mr. Obama explaining to Joe the Plumber, “When you spread the wealth around, it’s good for everybody.” It’s in those moments when he’s not giving canned speeches from a teleprompter, examined in advance for alarming statements, that Mr. Obama reveals what he truly thinks. By his own words, he will use government and higher taxes to “spread the wealth around.” This means he’ll take it from those he decides have too much, and give it to others he decides should have more.

Add to that Mr. Obama’s running mate, Joe Biden. When asked about higher taxes, Mr. Biden said it was patriotic to pay higher taxes without complaint. Later asked if Mr. Obama’s statements made him a Marxist, Mr. Biden ridiculed the question and the reporter asking it.

Then Mr. Obama and Mr. Biden ridiculed Joe the Plumber by name at his campaign rallies, starting the very next day. Evidently that is how Mr. Obama will deal with people who disagree with him. He went to Joe the Plumber’s neighborhood, walked down his street and in front of his house. As a voter, Joe decided to ask Mr. Obama a question. Now Mr. Obama’s unscripted answer has caused him trouble, and so Joe the Plumber has been attacked by Mr. Obama and his minions for daring to question Mr. Obama in public.

A government that can take your money and redistribute income will not tolerate any criticism from the people or the press. They should simply stand quiet as an all-wise government decides how much money they should have.

And now we know he wants to appoint Supreme Court justices, with lifetime appointments, who will do the same.

This is Obamanomics. While previous American presidents based their tax policies on what would bring in the most to government coffers and help the economy, Mr. Obama says he will base tax policy on what he decides is “fair.” According to Mr. Obama, he will decide what taxes are “fair” and what distribution of wealth and income achieve “economic justice” through “redistributive change.”

That’s just a fancy phrase for “spread the wealth around,” which is exactly what Mr. Obama will do unless he’s stopped at the ballot box on Election Day.

Joe The Plumber to Campaign for John McCain

October 27, 2008 11:10 PM

ABC News' Bret Hovell reports: Joe Wurzelbacher, aka “Joe the Plumber,” will campaign tomorrow in Ohio for Senator John McCain.

Wurzelbacher, the Toledo-area native, will go on a bus tour with former Rep. Rob Portman, a close McCain supporter, and a number of small business people.

It will be the first time Wurzelbacher has been out to campaign for the McCain ticket since he approached Barack Obama some weeks back to ask about Obama’s tax policy, and became a part of McCain’s stump speech.

McCain, and his running mate Sarah Palin, have made “Joe the Plumber” a central part of their campaign, mentioning him at nearly every stop as a way of illustrating how, they argue, Barack Obama’s tax plans will affect average Americans.

And for those of you who have questions about Joe because of the liberal media coverage:

Actually, the guy is a plumber. He works for his boss under his ticket like THOUSANDS of others in Ohio. He is also getting his own ticket and has almost finished.

Fact is, he was talking about buying his bosses plumbing business. And Obama gave a dumb answer so lets rip the guys life apart to find any dirt they can right?

There is no doubt that Joe the Plumber is a republican. There is no doubt McCain has used him. But there is no doubt Joe the Plumber is going to campaign for the guy he wants to win.

However, they VETTED the guy long before all this. They VETTED him when he was just a guy asking Obama a question in his own driveway.

Like good little FASCISTS, the Obama camp ripped the guy apart. This is just an example of Obama Thugocracy and what is to come if Obama is elected... Now we know and see an example of the ugly truth.

NEVER disagree with Obama. He will send his SS after you.

Heil Obama !!!!

Join Joe the Plumber, an Average American, Vote McCain-Palin... For Lower Taxes & Patriotism!!

John McCain's Weekly Radio Address - Lower Taxes

Good morning, this is John McCain, speaking to you just days away from the time for choosing.

In a time of economic hardship and uncertainty, for many Americans the choice will turn on whether we raise federal taxes or reduce them. My opponent is committed to a massive new tax burden on our economy, even at the risk of bankrupting small businesses and destroying jobs. I am committed to tax relief for working families and tax incentives for businesses to create jobs.

Senator Obama has been very guarded about his tax plans, and it took a working man to finally pull the truth out of him. As he told Joe the Plumber back in Ohio, he wants to quote "spread the wealth around." To pay for nearly a trillion dollars in new government spending, Senator Obama's tax increase would impact 50 percent of small business income in this country, and the jobs of 16 million middle class Americans who work for those small businesses.

Senator Obama assures us that he has a very clear target of just the top five percent of income earners. And anytime you hear talk of a targeted tax increase, you might want to double-check the skill of the marksman -- the U.S. Congress has been known to fire wildly. Remember the Alternative Minimum Tax? You probably do if you're one of the more than 30 million Americans currently threatened by it. That "targeted tax" was originally aimed at just 155 specific people. Once enacted, taxes have a way of spreading and rising. And that is why, as president, I am going to put a stop to the out of control spending, so we can keep taxes low.

The McCain-Palin tax cut is the real thing. We're going to double the child deduction for every family. We will cut the capital gains tax. And we will cut business taxes to help create jobs, and keep American businesses in America.

What's more, I'm not going to spend $750 billion dollars of your money just bailing out the Wall Street bankers and brokers who got us into this mess. I'm going to make sure we take care of the working people who were devastated by the excesses of Wall Street and Washington.

Two weeks ago, I announced a plan to protect the value of your home and get it rising again by buying up bad mortgages and refinancing them so if your neighbor defaults he doesn't bring down the value of your house with him. This will help stem the tide of foreclosures that are hurting families, and it will put a floor under the broken housing market that was at the root of the financial crisis.

While Washington has been bailing out banks, I have been arguing that we need to focus on fixing the underlying problem: foreclosures on bad mortgages and the collapse of our housing market. Without fixing this fundamental problem, our economy will not get back on track. This week, we learned that the number of foreclosures spiked by 71 percent last quarter, and finally Congress and the Administration are putting together a plan to address this problem. Let me say: It's about time.

I have been focusing my priorities on helping those people who have been impacted by this crisis. I have a plan to let retirees and people nearing retirement keep their money in their retirement accounts longer so they can rebuild their savings.

I have a plan to hold the line on taxes and cut them to make America more competitive and create jobs here at home. Raising taxes makes a bad economy much worse. Keeping taxes low creates jobs, keeps money in your hands and strengthens our economy.

The explosion of government spending over the last eight years has put us deeper in debt to foreign countries that don't have our best interests at heart. It weakened the dollar and made everything you buy more expensive.

I will freeze government spending on all but the most important programs like defense, veterans care, Social Security and health care until we scrub every single government program and get rid of the ones that aren't working for the American people. And I will veto every single pork barrel bill Congresses passes.

As Joe the Plumber and small business owners across the country have now reminded us all, America didn't become the greatest nation on earth by giving our money to the government to "spread the wealth around." In this country, we believe in spreading opportunity, for those who need jobs and those who create them. And that is exactly what I intend to do as President of the United States.

Thanks for listening.

John McCain

Bar Stool Economics