Liberals and Democrats know they are going to get clobbered at the polls by the people of our great nation for exploding the deficit, weakening our economy, expanding government, and reducing our freedoms. All signs point to the Democratic Party doubling down and ramming through even more bills that a are highly unpopular with the American people and further harming our nation. I suppose from their perspective they have nothing to lose, they know they are going to lose the House this November, and will lose a number of Senate seats as well. Rather than listen to what the people want, they will only listen to what they want yet again. In doing so, we will suffer the repercussions.
Obama is planning to revive the Cap and Tax bill, which will have long term implications for businesses and individuals. This bill is nothing more than a broad based tax increase. The results of this bill will be more bureaucratic red tape, barriers to market entry, increases in production cost, increases in consumer taxes, more expensive gasoline, heating oil, natural gas, and other essential needs for Americans. This bill will further the death grip that Obama Administration is attempting to put on our free market system when coupled with the health care bill and the other piece of legislation that he is pursuing, “financial reform.”
His “financial reform” bill is again, another attempt at a tax increase that will also allow for perpetual bailouts in the future. Rather than listen to business leaders, member of the public, the GOP, and people from all walks of life, Obama is simply listening to liberals and hardened leftists for guidance on what types of reforms he will attempt to implement. The changes he will seek will result in great harm to the American consumer, one in which fees and taxes will be passed directly on to banking and investment clients. Liberals can pretend this will not be the case, but this is a lie, and they know it.
Obama recently mocked Tea Partiers by saying that he should be given credit for cutting taxes. I suppose this is his lame attempt at humor. Obama has raised scores of taxes thus far and he will continue to seek to expand the revenue and scope of the federal government. We need a strong, fit, and efficient federal government for the good of the people, but Obama’s Administration has cast the government into a sea of debt, bloated the government, and harmed its efficiency, which of course, negatively impacts all Americans. The Cap and Tax and “Financial Reform” bills are two more attempts by the Obama Administration to continue this trend, and unless we speak out and oppose these bills as they exist, we will continue to suffer well into the future for the action of self serving politicians with a penchant for power and control.