Tuesday, January 24, 2012

I call Shenanigans on Obama.

1. Remove stifling regulations on businesses and allowing them to borrow money he says. Meanwhile, he signs into law thousands of pages of complicated Dodd-Frank and Obamacare which made businesses so uncertain about healthcare costs that it basically caused a hiring freeze till after the stupid law goes into effect.

2. Warren Buffet basically has no salary, his income is solely based on return on investments. This income is taxed at a lower rate than salary income. Say 15% compared to 28%. However if you are middle class, have a mortgage, itemize deductions, after you get your refund your true rate is probably in the single digits if not negative. Increasing investment taxes hurts the retirees more than anyone, in fact, they are taking from medicare to pay for obamacare.

3. How can you be for energy independence when you veto a pipeline that not only would create jobs, but provide a friendly supplier of oil? And not only that, the natural gas he talks about is getting regulated at a state level heavily. If we have 100 years of natural gas, why not give those "clean energy" sources that he loves so much time to be economically viable. Eventually the scarcity of fossil fuels will drive prices to the point where solar, wind, etc is more economically viable, and then venture capitalists will pitch in.

4. Let the private sector create jobs, they are better than the government at it, and costs the tax payers less. Apple, google, those huge companies weren't coddled by government stimulus, they got private financial backing. The people who actually know how to back winners.

5. He saved 2 trillion by gutting the military because the debt commission couldn't come up with anything. The money you "save" by pulling out of wars technically shouldn't be spent at all. We had to borrow money to fight those wars. Government at all levels does not believe any tax or fee is really temporary, they never spend less.

6. An incumbent shouldn't need to attack the other party, he should run on the accomplishments of his first term. His accomplishments are a stimulus that didn't work, a healthcare law and regulations that froze private hiring. But he's going to try to warn people about the evil rich republicans. And run on people the poor peoples president, who prevented jobs from being created, made them buy insurance, and takes in more money from wall street than republicans

Please vote, doesn't take long to stand in line. Gain the factual knowledge to have an opinion. It affects your every day life more than you think.

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