0 to compromise in 3.5 seconds:

Thursday - December 9, 2010

0 to compromise in 3.5 seconds:

He said it. U.S. Congressman Anthony Weiner of New York’s 9th District, a Democrat, is actually criticizing President Obama over his compromise of extending the Bush tax cuts. What is with this President? The Democrats are complaining because this deal was done behind closed doors. This should have been good enough with most Democrats seeing they passed healthcare behind the same closed doors.

The democrats are mad because the extension was granted and the republicans are mad because the extension is not permanent. The president is scolding both parties because of their criticism. The president is not appealing to the better side of the parties but is still trying to divide and conquer.

While Congressman Weiner is complaining that the rich will continue to get the breaks, he doesn’t tell you that the rich are the ones that contribute to his campaign chest in the way of donations. What most office holders won’t tell you is they also need the rich to fuel their efforts for reelection.

Many members of Congress play the class envy card and preach about the values they hold while they continue to redistribute our wealth. What the President isn’t telling us is that he is also playing politics, because he too needs the rich to fuel his campaign in 2012.

The Progressive will play the game so that they may continue to move the country left. One of the sticking points in extending the Bush tax cuts is the death tax or Estate Tax. In essence, when you die, all your wealth that you would want to pass along to your kids or your cat will be taxed. The right thinks this is wrong and the left thinks that your wealth is theirs to tax.

A new statistic is just out. Under the Obama administration the people who don’t pay taxes are up from 32% under Bush to 47% under Obama. This is not a result of any tax cut but rather a system that should be equitable to each American. In other words we should all bare a fair burden of Taxes. The rich should pay their fare share and the middle class and the poor should as well. If taxes were spread evenly the needed revenue would be available for government to use. However, it must be used wisely and this is the first part of the equation that must be solved going forward.

The President is scolding his fellow Democrats to take a tally of what he has done in his first two years. In a recent press conference, he claimed that he is responsible for passing the legislation that will give 32 million people health coverage and that will probably lower healthcare premiums for another 100 million Americans. The President is also reminding his fellow Democrats, who have criticized him for giving in to the Republicans that he has delivered on all of his promises. He also said when he was campaigning that he would not extend the Bush tax cuts. That was then. This is now. He must compromise!

In the whole of our history, we have had some great Presidents and we have had some that were not so great. In the whole of our history, the press has done their job, except when it comes to this President. However, things are changing. The press is now asking this president what are his core values. Never before has the press been so forward in their questioning of this president.

While the Progressives will tell you they are in favor of tax hikes for the rich. However, they will still give the rich benefits in the way of loop holes and incentives. A case in point: When the government bailed out GM, the government pushed the VOLT into production. The government made a big splash about the number of jobs that the battery companies would create, because the Volt is powered, in part, by batteries. When production is geared up the number of jobs created will total somewhere in the neighborhood of about 2,500. There are still over 10 million unemployed, but 2,500 jobs are a start I guess.

While the government is touting the new Volt, General Electric bought over 2,000 of them to incorporate into their fleet. Who else is buying this car? Are the poor, no? The rich are, with your tax dollars. The Volt will list for around $40,000. A poor person cannot buy this car. The government will give the rich a $7,500.00 subsidy so they can buy the car. What the poor don’t understand is that they, too, are helping the rich buy the car with the taxes they pay. Do any of the liberal legislators tell anybody about this deal that rich will get? No, they just say the rich need to be taxed more.

On this date in 1963: The last American made Studebaker was produced, and the factory in South Bend, Indiana, was closed. Just as Presidents come and go companies come and go. The difference is that some companies and some products get the government to bail them out so that they can sell a car that most people can’t afford to buy.

On this date in 1975: New York City avoids bankruptcy when President Gerald R. Ford signed a $2.3 billion seasonal loan authorization to prevent the City from having to default a debt restructuring by the Municipal Assistance Corporation, headed by Felix Rohatyn was instituted. The city was also forced to accept increased financial scrutiny by an agency of the State of New York. Budget problems have been with us for some time even when a bail out was called a seasonal loan the government always finds a way to use our tax dollars in creative ways.

The Democrats are now asking where the money is coming from to pay for the extension of the tax breaks. They say the guys who caused the problem are still getting the benefit. The politics in this story just doesn’t end. Like the horse power in a standard V8 you can get from 0 to 60 in about 9 seconds. With the compromise, the President did it in 3.5 seconds. Even the Democrats are asking what the president’s core values are. This process was too easy, so buyer be ware.

The President said this is a long game and not a short one. He is “looking forward to doing battle on the field of competition.” As I said earlier, presidents come and presidents go. Companies come and companies go. However, the great ones stay and the great ones win. The question is: do we want a V8 or a battery that needs constant recharging?

Gregory C. Dildilian
Founder and Executive Director
Pinecone Conservatives

A footnote: In 2012 there will be a challenger against the president the question I have is will the presidents core values be something we can depend on? I will have more on this tomorrow.