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Barack Obama, who has stayed in continuous campaign mode since birth, persists in insisting House Republicans submit to his demands to hike tax rates on “the rich.”  If Republicans do note cede to his decrees, Obama will let everyone’s tax rates go up and cut one trillion dollars from the budget, half of which will come from defense spending.

If he were truly interested in solving America’s fiscal troubles, this would not be his position.

Most definitely not…

Obama carries on with his nonstop campaign-style appearances, claiming that higher tax rates will reduce the U.S. deficit and cut the national debt.

That is categorically complete, total, absolute, utter fantasy.

The amount collected by the IRS from Obama’s long lusted for tax hikes would fund U.S. federal spending for fewer than nine days.

For members of the self-imagined, self-appointed “progressive” intellectual elite: That is less than two weeks.

At current spending levels the U.S. federal government borrows forty six cents of every dollar it spends.  Despite the fact that 2013 has not yet begun, through the first two months of fiscal year 2013 the U.S. is already approximately $300 billion in debt.

The biggest drivers of U.S. deficit spending are Medicare, Social Security, “safety net” programs and interest on the debt.  The looming short and long term costs of Obamacare have yet to fully reveal themselves, but given the U.S. federal government’s track record one can safely predict that it will be far more than what taxpayers were told and will rape their wallets for billions every year.

In other words, under the White House’s current “progressive” policies, it is only going to get worse, not better.

The Oval Office occupier and his “progressive” Party Pravda press secretaries willfully ignore and refuse to mention that under the current tax rates, revenues are up by thirty billion dollars over last year.

Obama keeps claiming that raising tax rates on America’s highest earners, those who already pay forty percent of the revenue to the IRS, will be the silver bullet that solves America’s financial woes.  He continues blaming today’s deficits on his predecessor.

During his time in office, George W. Bush’s highest deficit was $438 billion.  Obama’s government has posted a $1 trillion plus deficit for four straight years.  2013 will make five.  America’s fiscal gloom and the looming “fiscal cliff” “crisis” are the result of “progressive” spending on wasteful big government socialist programs.

That is the reason.  Any other claim is pure unadulterated political snake oil.

America’s debt and deficit problems can only be resolved by cuts in spending.  When the United States receives another credit downgrade, it will be because of “progressives”, not Conservatives.  America needs to cut spending, not increase taxes.

Anyone who says differently should be in organic fertilizer distribution…or is that redistribution?

The Federal Reserve plans to keep short-term interest rate near zero until unemployment drops below 6.5 percent and inflation reaches 2.5 percent.  This means given the current equations used to calculate those numbers, Fed interest rates will remain at current lows until mid-2015 or beyond.

The Fed will also continue spending $85 billion a month on bond purchases to keep long-term borrowing costs low and to stimulate the U.S. economy.  They will also spend $45 billion a month on long-term Treasury purchases and continue buying $40 billion a month in mortgage bonds.

Why are such moves deemed necessary by the Federal Reserve?

Why does the U.S. debt ceiling need to be raised every few years?

Why is America stressed about a “fiscal cliff?”

Because the United States of America spends entirely too much money.

To those who remember history, it is self-evident that politicians, elected or not, who subscribe to the “progressive” (read Marxist) philosophy have little to no interest in compromising with their political opposition.  History informs that “progressives” in America are more inclined to attempt eliminating their Conservative political opposition than reaching any compromise.  How else can it be explained why “progressives” continue to cling to their uncompromising position?

The so-called fiscal cliff negotiations going on in Washington DC is a clear example of their motives and tactics.

The “progressives” are intentionally holding to a position untenable to Conservatives in hopes of creating divides within the GOP and causing them to lose credibility by caving on their principle of not raising taxes. 

The best case scenario for “progressives” is for the GOP to stick to their principles and refuse to raise taxes.  Then “progressives” and their co-conspirators within the “mainstream media”, aka the “progressive” Party Pravda, can place the blame for the economic results of sequestration on Conservative Republicans while, solely for their own political aims, temporarily championing members of the GOP who appeared willing to “compromise.”

Trying to negotiate a "grand bargain" simply means Republicans are aiding and abetting “progressive” Democrats in their quest to commit the biggest swindle in American history.

Senator Rand Paul (R-KY) has a better idea that is good strategy for countering “progressive” actions:

"I think if we go halfway, or we split the difference with him, then both parties have their hands on it.  When we go into recession, it'll be confusing.

I have yet another thought on how we can fix this. Why don't we let the Democrats pass whatever they want?  If they are the party of higher taxes, all the Republicans vote present and let the Democrats raise taxes as high as they want to raise them, let Democrats in the Senate raise taxes, let the president sign it and then make them own the tax increase.  And when the economy stalls, when the economy sputters, when people lose their jobs, they know which party to blame, the party of high taxes.  Let's don't be the party of just almost as high taxes.

In the House, they have to because the Democrats don't have the majority.  In the Senate, I'm happy not to filibuster it, and I will announce tonight on your show that I will work with Harry Reid to let him pass his big old tax hike with a simple majority if that's what Harry Reid wants, because then they will become the party of high taxes and they can own it.”

Conservatives can keep bashing Speaker of the House John Boehner and House leadership, perhaps Senate Minority Leader, Mitch McConnell.  But that does absolutely nothing to advance the Conservative position.  Republicans made their bed a year and a half ago by agreeing to sequestration.

Give “progressive” Democrats what they want and let them own it.  When average everyday Americans who happen to be Democrats or Independents start feeling the economic pain, let “progressives” explain a failure that is covered with their fingerprints and nobody else’s.

http://mjfellright.wordpress.com/2012/12/12/let-progressives-own-the-fiscal-cliff/

Obama has demonstrated zero flexibility on his insistence that higher tax rates for the wealthy kick in on January 1, 2013.

To those familiar with “progressive” modus operandi, it is not surprising that the White House and their “progressive” political allies envision Medicare and other “entitlement” savings happening ten to twenty years from now.

This is what “progressives” call a “balanced approach.”

The same “balanced approach” “progressives” used when they promised Ronald Reagan three dollars in future spending cuts for every dollar of tax increases.  The same “balanced approach” “progressives” used when they hood-winked George H. W. Bush into violating his “Read my lips, no new taxes” pledge with a similar two to one offer.

Reagan, Bush 41 and the American taxpayer have yet to see those promised spending cuts.

In the current “fiscal cliff” negotiations, Republicans who are willing to accept “revenue” increases as a part of a deal with “progressive” Democrats in exchange for promised spending cuts that will happen sometime in the future are stupid, in denial or both.  How many times do Republicans need to make this same mistake before they learn?

“Duh…as a kid I burned my finger every time I stuck it into the fire, but this time that won’t happen…duh…yup…uh huh…duh…ooooh…aaaah...look…something shiny…duh.”

By whatever means, no matter how much “new revenue” Republicans agree to provide, it will never be enough for “progressives”.  No matter how completely Republican squishes cave to “progressive” demands for more “revenue”, it will work against them in both the short and long term.

The economy will tank and Republican will be blamed by “progressives”, while being seen as unprincipled jellyfish willing to break promises made to their constituents in order to “deal” with those who have no interest in compromise.

The “progressive” motive is not to make a deal.  It is not to enact legislation that will stimulate private sector economic growth.  History instructs that lowering tax rates stimulates the private sector and increases economic growth while resulting in additional revenue to the IRS.  To “progressives” this is irrelevant.

They are far more concerned with what they call “fairness.”  To “progressives”, fairness means confiscating money through taxes from productive people who create wealth and redistributing it to the unproductive.

History shows that tax increases stifle economic growth, which leads to reduced revenue collection.  Budgetary imbalances grow worse and deficits continue to explode at an increasingly alarming rate.  By following this path, it is all but guaranteed that the American government will raise the debt ceiling again and experience another credit downgrade.   U.S. national debt will not go down and GDP growth will become virtually non-existent.

Eventually the federal government will need to find “other revenue” to fund its big spending operation.

With over twenty three million people unable to find work and almost fifty million living on the dole, government will try to invent ways to fund the “progressive” Party’s dependent class.

The retirement savings, IRAs and 401Ks of every American are in “progressive’s” sights.  Americans believe their 401ks and IRAs are private property, safe from government seizure.   

These retirement savings are already heavily controlled by government regulation.  Given the track record of “progressives” it is no stretch to realize that trillions of dollars in private savings are threatened by “progressives” who see them as a way to finance the national debt their big government socialist programs have created.

When Social Security began it was a compulsory savings program administered by the federal government.  When someone retired, they would get back what they had paid in plus interest.  It only took until 1939 for a “progressive” Democratic Congress to begin using a pay-as-you-go financing method, meaning money currently being paid into the Social Security System is financing current beneficiaries.  At first it was worked.  In 1950 sixteen people were paying into the system for each person receiving benefits.  In the not so distant future there will be two people making payments for each check.

What happened to all the money millions of Americans have had stolen over the course of their lives from their paycheck by government mandate?  What will happen if the government seizes private savings?

If Republicans ever wish to be taken seriously, they must stand on principle.  For the future of the American Republic, backing down is not an option.

http://mjfellright.wordpress.com/2012/11/29/obamas-plan-tax-now-cut-later/ 

With events scheduled for in the White House and on the road, Barack Obama is back on the campaign trail spreading his message, with the clear and obvious intent of pressuring Congress into agreeing to his "fiscal cliff" terms.

While he will make claims to a willingness to listen to all ideas and negotiate with all parties, in fact he will endlessly argue for ending the current tax rates on Americans making $200,000 and above while accusing Congress of holding middle income families hostage.

To present the illusion he has been working hard to arrive at a successful resolution, Obama held closed doors meetings with big unions, big business and as an afterthought, small business owners.

Can you say all theatrics, no work?

Senate minority leader Mitch McConnell R-KY, categorized the White House efforts as nothing but a public relations ploy: "Rather than sitting down with lawmakers of both parties and working out an agreement, he's back out on the campaign trail, presumably with the same old talking points we're all familiar with.  Look: We already know the president is a very good campaigner.  What we don't know is whether he has the leadership qualities necessary to lead his party to a bipartisan agreement on a big issue like this."

Obama is planning to use American citizens as human props in the ongoing campaign to rally his base.  He will call upon his followers to pressure Congress into submitting to “progressive” demands to raise taxes on small businesses and entrepreneurs.  Obama will preach that if a stalemate persists, taxes on middle class American will go up because Republicans held them hostage to protect tax cuts for the rich.

Can you say economic justice?

Economic justice is a Marxist concept where economic policies must result in the distribution of economic benefits equally.

Obama’s push to let tax rates expire on incomes over $200,000 for individuals and $250,000 for families will hurt small businesses, the sector responsible for most new jobs growth in America.

Obama loves to characterize the tax increase as asking financially successful Americans to pay more in order to save government programs that face spending cuts.  The fact is, ending current tax rates for “the rich” would fund the United States federal government for less than nine days.

For Obama to propagate the false notion that taxing the rich will solve America’s fiscal problems is a red herring.  By consciously using middle class Americans as human props in attempts to sway public opinion in his favor, he is displaying true contempt for middle class Americans.

The United States federal government is borrowing forty cents of every dollar spent to prop up a slumping economy and support the deprived underclass it created using big government socialist programs to render American citizens dependent upon government.

Foreign debt buyers are slowly ending their investment in America’s bankruptcy and the Federal Reserve is now purchasing over sixty percent of America’s Treasury Bonds.

Can you say The Weimar Republic?  Can you say Zimbabwe?  Can you say today’s Eurozone on more steroids than the Soviet body builders at the 1952 Olympics, Arnold Schwarzenegger, Lance Armstrong, Sammy Sosa, Jose Canseco, Lyle Alzado, Barry Bonds and Mark McGuire combined?  Can you say the worst economic downturn ever?

America does not have a revenue shortage.  America has a spending addiction.

Giving the United States government more money to spend is like trying to sober up an alcoholic by having them drink a gallon of gin.

In the ongoing “progressive” campaign to “fundamentally transform” America, the fiscal cliff created by “progressive” big spending will happen because “progressives” want it to happen.

And “progressives” will blame successful Americans.

http://mjfellright.wordpress.com/2012/11/28/fiscal-cliff-will-happen/