Posts Tagged ‘Obama

COLUMN: Fatah – Arming Syria’s rebels is pure folly

- June 19th, 2013

Obama arming America’s enemies

by Tarek Fatah

If you are scratching your head and wondering why the U.S. is fighting al-Qaida affiliates around the world, yet going ahead and providing funding and possible future arms to al-Qaida-inspired terrorists in Syria, you have plenty of company.

President Barack Obama finding chemical weapons in Syria reminds me of former President George W. Bush finding WMDs in Iraq.

I suppose one disastrous war was not enough to quench the thirst for profits by America’s private sector arms manufacturers whose biggest customer is the Pentagon. Read more…

Obama pays lower tax rate than average Americans

- April 14th, 2013

Considering how much hay he made during his campaign that the rich had to pay their fair share, the news of the Obama’s tax filings is nothing short of shocking. Here are the facts and reported by The Wall Street Journal.

“WASHINGTON—President Barack Obama and First Lady Michelle Obama paid $112,214 in federal income taxes in 2012 on adjusted gross income of $608,611, an effective rate of 18.4%, the White House said Friday.”

That is apparently down from 2011 when the Obama’s paid an effective rate of 20.5%. As my friend Mike Opelka points out over at The Blaze, this means tax freedom day arrived for the Obama family on March 5th while the average American family has to work until April 18th (next Wednesday) to meet their tax obligations.

Funny, I thought Obama was upset that rich people didn’t pay enough and wanted then to pay more. He defines the rich as any family making over $250,000, an amount he exceeds by a long shot and yet he pays less than many middle class families.

Could it be that Obama is simply full of it and playing class warfare for votes? Nah…who would do that?

 

COLUMN: Lilley – Obama misses target

- January 21st, 2013

President’s promise on gun control will accomplish nothing

by Brian Lilley

On Wednesday morning, with smiling and nervous children at his side, US President Barack Obama unveiled his new gun control proposals in Washington.

His plans are a direct response to the massacre at Sandy Hook Elementary School in Newtown, Conn., last month and are supposed to be about making sure such attacks never happen again.

The New York Times hailed the gun control proposals as the right thing to do, The Washington Post called the proposals “a sound response.”

The reality is the central promise of President Obama’s plan will accomplish nothing. Read more…

The fiscal cliff deal that isn’t a solution at all

- January 1st, 2013

Think the sniping and deal making over America’s “fiscal cliff” is all over? Think again.

The “cliff” bill may have passed the House 257 to 167 with mostly Democratic support but this fight is far from over.

Despite headlines that claim this bill will avert certain doom and that taxes will go up on the rich, disaster still looms and taxes will go up for most households.

“The budget deal passed by the U.S. Senate today would raise taxes on 77.1 percent of U.S. households, mostly because of the expiration of a payroll tax cut, according to preliminary estimates from the nonpartisan Tax Policy Center in Washington.”

The deal also doesn’t cut spending but instead adds $4 trillion in spending over the next decade according to the non-partisan Congressional Budget Office.

Don’t worry though, everyone is doing their fair share. Hollywood is getting an extension on their tax breaks, so is NASCAR and algae growers, rum producers and electronic motorcycle manufacturers also get a break.

This deal also will see $41 in tax hikes for every $1 in spending cuts, and of course the spending cuts are outpaced by all that new spending in the bill, some $330 billion in new spending.

tax increase vs spending

If anyone doubts that America has a spending problem then they need to look at the image below which comes from the business website Zero Hedge. The red line is the annual deficit which currently stands at more than $1 trillion while the green line stands for the just over $62 billion in expected new tax revenue each year. Click through on the link to get the full perspective.

Over the next few weeks we will see more arguments about what more needs to be done. The automatic spending cuts known as “sequestration” have been put off for two months and so we will see a return to brinksmanship once the new Congress is sworn in.

John Boehner, the House Speaker, had offered President Barack Obama a deal that would have generated more tax income simply by closing loopholes and special tax deals. Obama rejected that insisting that tax rates had to go up.

Why would Obama say tax rates had to go up?

To Obama higher tax rates are a matter of fairness, even when increasing those rates might mean less money for the government. He has said it more than once including during a debate moderated by ABC’s Charlie Gibson. In questioning Obama, Gibson pointed out that the government has taken in more revenue from capital gains taxes when the tax rates have been cut as compared to when they were raised.

“Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness,” Obama said.

Obama is an ideologue who sees high taxes and high spending as morally sound, it is central to his agenda and his identity. If you listen to the rest of his answer to Gibson back in 2008, Obama said that you don’t increase spending without finding cuts elsewhere to pay for them.

He didn’t do that here and he won’t do that when the next deal comes.

America is in a sorry state today.

 

COLUMN: Robson – Actually arming schools is the right thing to do

- December 31st, 2012

Give school officials willing to die for their students the tools to save them instead

by John Robson

When an armed madman breaks into a school the right response is to drop to one knee and open fire. Anyone who calls that wrongheaded, or disgusting, invites serious questions about their priorities.

Like the Globe and Mail’s Lawrence Martin, who seized on the Sandy Hook Elementary School shooting to abuse the NRA and Republicans for “primitive minds” and “antiquated positions.” He admitted Barack Obama might have hidden his sympathy for gun control because he’s “mindful of the drubbing Bill Clinton took from the gun lobby,” but said “Mr. Clinton didn’t have a massacre of six- and seven-year-olds as a backdrop.” Read more…