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Obama, the Democrats and High taxes will destroy this economy

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posted on Jul, 16 2009 @ 08:41 PM
Obama and the Democrats are out to destroy this economy. I said the same thing about Bush and his massive borrowing and spending.

Bush and now Obama are borrowing and spending us into oblivion and now Obama and the Democrats want to tax us to death. This is because they are not trying to fix the economy. What they are trying to do is turn this country into Cuba.

Nothing Obama is doing is about job creation. This plan is about using the economic crisis to put in place all of these programs that liberals dream about.

The problem is, you can't have this behemoth of a Government in Washington in a global economy with cheap labor.

This is a disaster. Obama thinks he can replace the Constitution with his liberal ideology. He told you this in a radio interview in 2001.

Seven years before Barack Obama's "spread the wealth" comment to Joe the Plumber became a GOP campaign theme, the Democratic presidential candidate said in a radio interview the U.S. has suffered from a fundamentally flawed Constitution that does not mandate or allow for redistribution of wealth.

He said:

But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn't that radical. It didn't break free from the essential constraints that were placed by the Founding Fathers in the Constitution, at least as it's been interpreted, and the Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can't do to you. Says what the federal government can't do to you, but doesn't say what the federal government or state government must do on your behalf.

You can listen to the recording of the interview here.

Obama thinks the Constitution is fundamentally flawed because it restrains Government and doesn't speak about redistribution of wealth. This is not a fundamental flaw. The Founders wanted to restrain government because they didn't want one man dictating what's best for Americans. The Founders knew that men and women can make those decisions for themselves.

The Government was designed to be restrained and limited and it was put in place to protect the God Given rights of the individual, not control every aspect of American lives.

If you tax wealth creators to death, the economy will stall. People will not risk capital in the next You Tube or Google. People will not risk starting a small business. The democrats want to tax people to death in a global economy. If people feel the Government is coming, they will move their money overseas or save it. They will not risk it.

Obama is controlling advertising budgets for car companies, he wants to control executive pay, he wants to control the health care industry and the energy industry. Under Obama's cap and trade bill you will not even be able to sell your private property unless it complies with Obama's global warming standards. He has appointed over 33 Czars. During the campaign he wanted a civilian army that would be as strong as the military.

I never thought I would say this but people better start thinking beyond America. The only way to survive is to become a global consumer and run a business that operates in the global economy.

In a few years, America will be a wasteland of cheap labor. There's no way that America can sustain the borrowing and spending in Washington. We can't create enough jobs or the kind of jobs to sustain the behemoth in Washington and if the tax people to death then the wealth creators will move their capital where it's less risk.

posted on Jul, 16 2009 @ 08:45 PM
What economy?

Looks like our economy has already been blown to hell.

What they are doing is just icing on the cake.

Sooner or later, Americans as a whole will have to make sacrifices in order to get our house in order.

posted on Jul, 16 2009 @ 09:16 PM
I think that obama and his fellow liberal clowns are absolutely destroying this country and using the Constitution as frickin' toilet paper!!!

What this OBAMANATION is doing should be stopped. But how.....

posted on Jul, 17 2009 @ 10:02 AM
Good points,

I'm convinced Obama and the democrats are trying to destroy the economy and put in place their social agenda. Biden is now talking about we will go bankrupt if they can't spend another 1.5 trillion.

These people have no shame and they just want to spend and waste money.

It's simple economics. If you tax the people who create wealth then the economy will come to a halt.

The democrats thinks they can tax people to death and keep the government going by wasting and spending trillions of dollars. That's just senseless.

When a person has capital to risk they invest in the next start up or growth company that might make billions. This company in turn pay tax revinue, creates jobs, grows the economy, donates to charities and non profits. If you tax people to death then people will not risk capital and create jobs and create wealth.

This is why Obama's plan is senseless. He thinks he can starve the private sector and grow the economy through government spending.

This will just get worse and worse as unemployment keeps going up and up. We are not Cuba and Obama and the democrats think turning us into Cuba or Canada is the right thing to do.

We are a country of 200 million people with a 13 trillion dollar GDP, not 11 million people with a 45 billion GDP like in Cuba.

This is terrible!

posted on Jul, 17 2009 @ 10:05 AM
reply to post by Matrix Rising

Actually, you are correct and simultaneously incorrect at the same time.

Obama and the Democrats, are just one side of the coin, they are pushing, while the Republicans are pushing.

Both sides have their roles to play, in manipulating our economy, since this started with Bush and Obama is just the mop-up man, like a janitor cleaning up the mess left behind by the last idiot in the room.

The Creature from Jekyll Island : A Second Look at the Federal Reserve

You need to check out my thread, and how this is simply all a template of massive manipulation on behalf of the robber-barrons and global elite.

[edit on 17-7-2009 by SpartanKingLeonidas]

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