Noted psychoanalyst Walter Langer once said: “People will believe a big lie sooner than a little one. And if you repeat it frequently enough, people will sooner than later believe it.” That, in a nutshell is Barack Obama’s campaign strategy as he keeps driving home the need to tax the rich more.
Barack Obama knows he can’t run for reelection on his record. The more we learn about Obamacare, his signature legislation, the less people support it. And what he's done to the economy is both staggering and sobering. He's racked up more debt than 43 of his predecessors combined. So, what’s his alternative? Propaganda.
Throughout the history of U.S. politics no one has been able to run a propaganda machine better than Barack Obama. It’s something he picked up during his days as a community organizer after studying master deceiver, Saul Alinsky. He first practiced it in Chicago where politics has languished in a corrupt cesspool for eons. He keeps repeating the big lies until people believe him, and unfortunately it's paying off.
His misinformation has been most effective on the mainstream media since 2008. MSM has been hopelessly hypnotized, losing all sense of journalistic ethics or pretense to objectivity. In fact those within it have become "tingling" left-wing fanatics who slavishly toe the line for the man, although that tide is starting to turn. Slowly, more and more anchors, reporters and analysts are beginning to see the nakedness of Obama's assertions and no longer applaud the king's clothes.
He’s also been successful in convincing 60% of the country to believe his mantra that the only way to fix the economy is with cuts and revenue increases by taxing the rich more. The problem is “the rich” include small businesses and the people who invest in them, and they already pay the vast majority of the taxes as it is.
To understand what Obama is up to, we must first expose his agenda, which includes the pre-ordained failure of the Super Committee. He is focusing on two principle goals: manipulate the economy and make it more like the European model, and cut the Defense Department budget to gut the military. In this article, we’ll cover the economy. In the next, we’ll look at the Defense Department budget and his plans to gut that.
Doubtless there are readers who disbelieve he’s out to manipulate the economy. Why would he do that? Simple. He and his patron, convicted felon George Soros, can rebuild it using a socialist model which will allow them to make the government bigger so it controls more and more of our lives. He wants to swap JFK's infamous line into, "Ask not what you can do for your country. Ask what your country can do for you."
His intentions became clearer with the Super Committee. It was to find $1.2 trillion in CUTS in the country’s debt. But the minute I saw that Senator John Kerry, the droopy-eyed, soggy-faced uber-leftist from Massachusetts assigned to be on it I knew we’d been had and the fix was in.
As the Democrats stacked their deck of committee members, it was clear that their picks were hard liners and I knew perfectly well that talks about cuts would quickly turn to taxing the rich. Sure enough, according to Republicans on this farcical panel, it didn’t take long for Democrats to demand ONE TRILLION DOLLARS in tax increases, a position from which the Democrats refused to retreat. They knew the GOP could not accept that, so Republicans were trapped. That, more than anything else is what caused the committee to fail, and anyone blaming Republicans for the impasse is simply naïve, misinformed or has fallen victim to the propaganda.
The negotiations that led to the Super Committee’s formation resulted in two principle political advantages for Obama, and the Republicans never saw them coming. The budget cuts that now must be made according to the “trigger” will not occur until after the 2012 election. They are scheduled instead to come in mid January 2013, before the inauguration. If Congress passes a bill to end or postpone the cuts prior to 2013, Obama has promised a veto it when it reaches his desk.
Additionally, Obama was able to increase the debt limit by at least $2.1 trillion, but in a way that guarantees there will be no need to enjoin another debt limit battle until 2013, again after the 2012 election.
Since the lame duck session after the 2010 elections, Barack Obama has been laser focused on ending the Bush tax cuts and on taxing the rich more by getting the country to believe that the tax cuts enable “the millionaires and billionaires” not to have to pay “their fair share,” and that they should pay “just a little more.”
Simply stated, the notion that the wealthy don’t pay their fair share is complete myth. First, under the Bush tax cuts, the wealthy paid more, not less, in taxes. Second, what follows are the facts and statistics that debunk the myth that the rich don't pay enough in taxes and how utterly disingenuous and naked Obama’s assertions are.
First myth: "Warren Buffet's secretary shouldn't pay a higher tax rate than Warren Buffett. There is no justification for it," Obama said when he announced his deficit reduction plan.
He’s comparing cumquats to earmuffs. Notice how Obama carefully parses what he says. It wasn’t “she pays more in taxes.” He said she pays “a higher tax rate.” She may be paying at a higher rate, but dollar for dollar, Buffet is paying way more in taxes. Warren Buffet makes his money off of capital gains and dividends (not a salary), which are taxed at a rate of 15%. His secretary, however, is being paid a regular salary, the top rate for which is 35%, although she probably pays a much lower rate because the ceiling for the 35% kicks in at $379,150. So, she pays taxes based on income, not capital gains. Thus, Obama’s comparison is completely invalid. The Truth: Propaganda with carefully chosen semantics.
Second myth: “Raise taxes on millionaires and billionaires.” Obama wants to raise taxes not just on millionaires and billionaires, but also on anyone making a minimum of $250,000. Many of those earning that amount are small businesses. Taken together, they are the backbone of employment in this country.
The consensus among small business owners has been (and it’s becoming pandemic) that they won’t hire again until Obama is out of office. Why? Uncertainty. They don’t know if he’ll succeed in raising taxes on them, what Obamacare will cost them, what Obama’s EPA and other regulations will do to hog tie them, or how strong demand will be for their goods and services given the condition of the economy.
If we raised taxes, as Obama wants to, with state and local taxes added, the tax rates of the rich could exceed 40% to 50%. If half of corporate taxes for a small business goes to the government, there’s nowhere near enough left over to enable small businesses to hire or even grow their business.
There’s a cost associated with bringing someone new on board, and no one knows what they’ll have to pay in the form of health insurance costs per employee, and if they don’t meet the federal guidelines, they can be fined for each employee. The Truth: Taxing "millionaires and billionaires" also means taxing those earning $250,00 or more. Propaganda.
Third myth: “The rich aren’t paying their fair share and should pay just a little bit more.” According to the Congressional Budget Office, which leans left, 10% of households with the highest incomes earn about 19% of the income, but pay more than 70% of federal income taxes. The top 25% pay 85% of the taxes. In contrast, according to the Tax Policy Institute, 47% of households will pay no tax at all this year.
The Tax Policy Institute further reports that those making $1 million will pay 29.1% of their earnings on their federal returns alone. That includes payroll taxes but does not include state and local taxes. Apparently Obama doesn’t care that millionaires have to pay state and local income taxes (local if those taxed live in New York, LA or other larger metro areas) in addition to federal income taxes. Nor does that include property taxes, which in some jurisdictions includes computers, cars and other expensive items in addition to real estate, so it’s easy to see how actual tax rates can climb above 40%. The Truth: Propaganda.
There’s no doubt that Obama uses propaganda artfully. But this article should make you wise to some of his major antics. If you’re smart you’ll consider Dr. Langer’s thoughts about big lies and you won’t believe a word of them. Focus instead on the damage this president has done to this country, its foreign policy (especially how it's soured relations with Israel), how with Holder Obama has pushed back race relations, how Obama and Holder consider terrorists criminals, not enemy combatants and the economy.
If Obama does win a second term using propaganda, we will become a second-rate nation with a neo-bankrupt and much downgraded economy, our markets in turmoil and a gutted military. China will quickly surpass us as the main super power, and we’re in for a world of hurt. Nobody who’s rational wants an America like that. The truth lies not in Obama’s mendacious propaganda, but rather in his appalling record, and it’s on that that you should predicate your vote.
