THE REALITY BEYOND OBAMA'S PERFORMANCE: The assault on the American middle-class continues unabated.
“The general tone was set by the New York Times in its lead
editorial on Wednesday, which described the speech as a
“simple, dramatic message about economic fairness, about the
fact that the well-off—the top earners, the big banks, Silicon
Valley—have done just great, while middle and working
classes remain dead in the water.”
Obama’s “pro-middle class”
budget: Cut corporate taxes, raise
military spending, slash Medicare
By Andre Damon
3 February 2015
On Monday, President Barack Obama presented his budget proposal for fiscal 2016, described by the New York Times as an “unfettered case for spreading the wealth.”In reality, the budget proposal, cynically packaged
and promoted as a populist boon to the middle class
at the expense of the rich, is dominated by corporate
tax cuts, expanded military spending, and cuts to
Medicare.
These are accompanied by a grab bag of social and infrastructure spending proposals, trivial in and of themselves, which are proposed solely to make the budget appear to favor the “middle class.” As Obama and the
Democrats know perfectly well, the supposedly “progressive”
elements of his budget will be rejected by the Republican
Congress, while the pro-corporate and militarist meat of the
proposal will be enacted.
The real character of Obama’s budget was signaled by the location he chose to unveil it. The president gave the press conference announcing the budget at the Department of Homeland Security in Washington, where he emphasized that he would significantly expand spending on the military and domestic security.
THE OBAMA DHS IS HIS LA RAZA
WELCOME WAGON FOR INVADING
MEXICANS!
Obama declared, “We need to fund the department [of Homeland Security], pure and simple. We’ve got to put politics aside, pass a budget that funds our national security priorities at home and abroad.” The budget, he added, “gives us the resources to confront global challenges, from ISIL to Russian aggression.”
This was a reference to his proposal to lift caps on military, intelligence and domestic security spending imposed as part of across-the-board cuts mandated by the so-called “sequester” law that came into effect in early 2013.
OBAMA'S WARS FOR MUSLIM DICTATORS' BORDERS AS HE LEAVES OUR BORDERS OPEN AND UNDEFENDED!
Obama’s budget proposal would increase Pentagon spending by seven percent, adding an additional $38 billion to bring the total defense budget to $534 billion. Obama is separately proposing $51 billion in additional funding for the wars in Iraq and Syria, including money to back the so-called “moderate” opposition in Syria, as well for as the ongoing US troop presence in Afghanistan.
The budget calls for the corporate tax rate to be cut to 25
percent for manufacturers and 28 percent for other
corporations, down from the current rate of 35 percent.
The proposal would also allow US corporations to repatriate past profits generated overseas at a tax rate of only 14 percent. Foreign profits would be taxed at 19 percent in the future. Currently, US corporations pay a rate of 35 percent on foreign profits, which many corporations avoid by keeping their foreign earnings abroad.
These tax cuts are accompanied by $400 billion in cuts to Medicare, Medicaid and the Department of Health and Human Services. The budget proposes to raise $66 billion over ten years by charging higher Medicare premiums to upper-income patients, a move that would undermine Medicare’s status as a universal entitlement and open the door to means testing and the transformation of the government health insurance program for seniors into a poverty program.
The plan would cut another “$116 billion in
Medicare payments to drug companies for
medicines prescribed for low-income
patients,” according to the New York Times.
It would also slash $100 billion for the
treatment of Medicare patients following their
discharge from the hospital, affecting
primarily the elderly.
The increases in military and security spending, corporate tax reductions and entitlement cuts, which form the core of the budget proposal, are coupled with a series of social spending increases and tax hikes on the wealthy which are certain to be stripped away by the Republican-controlled Congress.
The proposed tax increases include a 0.07 percent fee on some 100 large financial corporations and an increase in the capital gains tax from 24.2 percent to 28 percent for couples making more than $500,000 per year.
These would ostensibly be used to finance a plan to pay tuition—but not increase per-pupil funding—at community colleges, which would cost $60 billion, as well as an $80 billion proposal for increasing child care tax credits. The budget also proposes $478 billion in infrastructure spending over six years. These projects would be contracted out to private for-profit companies and would not take the form of government-run public works programs.
In announcing his budget, Obama claimed that his proposal would undo the effects of the sequester budget cuts. Since their implementation, Obama and Congress have taken measures to shift the burden of the cuts to social programs and away from the military.
Obama made clear that he would not allow sequester cuts to defense spending, declaring that “if Congress does nothing to stop sequestration, there could be serious consequences for our national security, at a time when our military is stretched on a whole range of issues.” He added, “I’m not going to accept a budget that locks in sequestration going forward.”
The token social spending measures in the
budget are aimed at perpetuating the fraud
that the Democrats are the party of the
“middle class”—as opposed to the pro-
business Republicans—in preparation for the
2016 presidential election.
Despite the constant talk in the media about “partisan gridlock,” the two parties represent different factions of the same ruling oligarchy and pursue a common agenda of austerity, militarism and the build-up of the repressive powers of the state.
THE AMNESTY HOAX TO KEEP WAGES DEPRESSED
AND PASS ALONG THE REAL COST OF MEXICO’S
LOOTING, WELFARE AND CRIME TIDAL WAVE IN
AMERICA’S OPEN BORDERS.
“This gain, however, comes at the expense from a total reduction of U.S. workers’ wages per year of $402 billion—this reduction being the consequence of competition from immigrant workers…”
BUT WE STILL GET THE TAX BILLS FOR MEXICO’S LOOTING AND CRIME TIDAL WAVE!
Obama’s State of Delusion
22 January 2015
“On the other hand, every major initiative by Obama in
domestic policy—the 2009 stimulus program, the 2010 health care reform
legislation, the 2010 financial regulatory overhaul, countless budget deals
with the congressional Republicans, right up to the executive order on
immigration issued a month ago—was dictated by the needs of corporate America,
and, in many cases, drafted by corporate lobbyists.”
…………. THE ENTIRE REASON BEHIND OBAMA’S AMNESTY HOAX TO
LEGALIZE MEXICO’S LOOTING IS TO KEEP WAGES DEPRESSED AND BUY THE ILLEGALS’
VOTES!
“The consequences for working people—record long-term
unemployment, a tidal wave of home foreclosures, the slashing of wages in basic
industry, the steady decline in living standards over all—were not accidental.
They were the deliberate goal of government policy, for both Democrats and
Republicans, because mass suffering by the working class was required to obtain
the resources needed to bail out the financial aristocracy.”
”The delusional character of Obama’s State of the
Union address on Tuesday—presenting an America
of rising living standards and a booming economy,
capped by his declaration that the “shadow of crisis
has passed”—is perhaps matched only in its
presentation by the media and supporters of the
Democratic Party.”
“The general tone was set by the New York Times in its lead editorial on Wednesday, which described the speech as a “simple, dramatic message about economic fairness, about the fact that the well-off—the top earners, the big banks, Silicon Valley—have done just great, while middle and working classes remain dead in the water.”
BARACK OBAMA, LA RAZA FASCISM and the
CULTURE of DEM CORRUPTION
They Destroyed Our
Country
“They
knew Obama was an unqualified crook; yet they promoted him. They knew Obama was
a train wreck waiting to happen; yet they made him president, to the great
injury of America and the world. They understood he was only a figurehead, an
egomaniac, and a liar; yet they made him king, doing great harm to our republic
(perhaps irreparable.)”
more at this link – post on your Facebook and email broadcast
'Incompetent' and 'liar' among most
frequently used words to describe the
president: Pew Research Center
frequently used words to describe the
president: Pew Research Center
THE AMNESTY HOAX – LEGALIZATION OF MEXICO’S
LOOTING, GUARANTEE OF OPEN
BORDERS and NO
E-VERIFY and CONTINUED NON-ENFORCEMENT!
CONGRESS – ILLEGALS SAP TAX DOLLARS… CA alone
puts out $28 billion in social
services to illegals and that’s on the state level.
services to illegals and that’s on the state level.
CONGRESS
DECLARES THAT ILLEGALS SAP TAX DOLLARS… SO THEN WHAT WOULD 40 MILLION LEGALIZED
MEXICAN LOOTERS DO??? GO OUT AND VOTE GOP?
JUDICIAL WATCH:
The Lies, the Spin and Then More Lies… THE LA RAZA AMNESTY
HOAX to surrender to the Mexican Welfare State in America’s OPEN BORDERS
more at this link – post on your Facebook and email broadcast
"So that's the
"pragmatic" Republican Senate solution. Tweak this fatally flawed
legislation by tacking a few fig leaf amendments onto it, hoping it comes back
from the House with the amnesty plan still intact. Why? Not to protect the
country, secure our borders, protect the public safety or uphold the rule of
law - but to win more votes from Hispanics."
NAFTA BORDERS and BILLIONAIRES
AMNESTY: America’s death warrant
THE CONSPIRACY to DESTROY AMERICA’S BORDERS… Obama
and his Wall Street banksters
“This nation no longer is a democratic
republic...rather it has become a tool of the super-rich members of the above mentioned elite who
preselect our presidents based on their cooperation and complicity with the
elite’s ultimate goals. Obama has, in their opinion done superbly carrying out
the plans well laid out for him by his backers.”
WIKILEAKS EXPOSES OBAMA’S SECRET AGENDA OF SURRENDERING
AMERICA’S BORDERS TO NARCOMEX:
BILLIONAIRES
partner with MEXICO, OBAMA and the U.S. Chamber of Commerce to assault the
AMERICAN WORKER…. Amnesty, it’s all about keeping wages depressed and passing
along the real cost of all that “cheap” mex labor to the American middle class.
OPEN BORDERS AND
ENDLESS HORDES OF IMMIGRANTS
POURING IN IS ONLY ABOUT KEEPING WAGES DEPRESSED
To
cite just one example, if there is a shortage of U.S. engineers, are 1.5
million Americans with engineering degrees either unemployed or working in
other fields? In all too many cases, U.S. tech companies prefer foreign workers
on temporary visas because they are cheaper and more exploitable than
Americans.
UNDER OBAMA, TWO-THIRDS
OF JOBS GO TO HIS
PARTY BASE OF ILLEGALS!
“At
the hearing, Dr. Rakesh Kochar, Associate Director for Research at the Pew
Hispanic Center, testified that in the year following the official end of the
recession (June 2009), foreign-born workers gained 656,000 jobs while
native-born workers lost an additional 1.2 million jobs.”
"We
have a situation where the job market — the bottom fell out, yet we kept legal
immigration relatively high without even a national debate," he said.
"As a consequence, a lot of the job growth has been going to
immigrants."
Mr.
Obama did take action this year to grant many illegal immigrants up to 30 years
of age a tentative legal status that prevents them from being deported and
authorizes them to work in the United States.
Some
Republicans in Congress have criticized Mr. Obama's policy, saying it violates
his powers and will mean more competition for scarce jobs.
WE KNOW WHAT OBAMA’S CRONY BANKSTERS HAVE DONE TO
THE AMERICAN ECONOMY… but will Obama’s amnesty hoax to legalize mexico’s
looting and destroy the GOP, also destroy the DEMOCRAT PARTY?
HE’S WORKING ON IT…
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