Friday, November 30, 2012
By Dan Reed, American Citizen
The national media is all gassed up about what happens if congress is incapable of reaching a compromise over increasing tax revenues or cutting “Entitlement Programs”. I say do nothing! The reality is this so called cliff is nothing more than a lot of BS, and hears why:
First – the Bush-43 tax cuts would automatically expire because in 1981 republicans established 12-31-2010 as the date for Bush-43 tax cuts to expire! Obama was foolish to extend them until 12-31-2012!
Second – large defense cuts will automatically kick in, and defense spending will drop to eight times what our combined enemies spend annually!
Third – the combination of increased tax revenues and lower defense spending will finally begin reducing our $16 Trillion National Debt - and that's a good thing!
Fourth – lets be clear, if congress and the president do nothing, there remains 365 days for congress to pass new legislation, and make it retroactive to January 1, 2013. All the hype about middle class taxes going up by $2000 is pure BS! Increasing taxes on the middle class is political suicide for both parties!
Tuesday, November 6, 2012
By Dan Reed, American Citizen
Don’t Be Fooled by Republicans refusal to acknowledge the eight-year Bush-43 administration. Why won’t they mention Bush-43? Because they refuse to admit, their conservative Supply Side Economic Policies ruined the U.S. economy!
Don’t Be Fooled By Republican BS! Republican ideology of small government, low taxes, and unregulated business, produced twenty-six years of budget deficits, thirty-two years of trade deficits, five wars, extremely high defense spending, and the largest redistribution of wealth from the middle class to the wealthy class in our nations history!
Don’t Be Fooled by Romney’s “New Supply Side Economics!” The Romney/Ryan plan is supposed to be a debt reduction plan, however, it begins with traditional Republican economics: continuing the Bush-43 tax cuts, adding a new five trillion dollar tax cut over the next ten-years, increasing defense spending by two trillion dollars, and eliminating business regulations! Romney and Ryan say they'll make up the revenue losses by eliminating loopholes in the tax code. However, when you ask "which loopholes and how much", they refuse to provide any details! They simple say trust us. Furthermore, the Romney/Ryan economic plan does not mathematically add up!
Don’t Be Fooled By Republican BS! Republicans want you to believe they will create jobs in the USA. However, they will continue to increase profits by outsourcing American jobs to countries with low wage slave workers! They will continue to increase profits by creating trade deals that eliminate tariff taxes on imported foreign made products! They will continue to increase shareholder dividends by lowering the corporate tax rate, and reducing capital gains taxes!
Don’t Be Fooled by the Nameless-Faceless-Secret-Billionaires who pour hundreds of millions into House, Senate, and Presidential election campaigns! These global plutocrats are skillfully hijacking the American economic engine, by corrupting our elected representatives, and buying our democratic election process!
Vote To Elect President Barack Obama To A Second Term As President Of The United States Of America!