Posted by
ApolloSpeaks on Monday, September 19, 2011 9:20:30 AM
The Oracle of Omaha pointing the way to tax hike heaven.
The false messiah of American liberalism who was to heal and save this evil land from inequality, poverty and social sin now himself needs a savior to rescue him from defeat and political perdition; and that savior is billionaire investor Warren Buffett-the man who cries that he's undertaxed (paying less then his poor secretary) while battling the IRS for a billion bucks in unpaid taxes owed by Berkshire Hathaway. It doesn't get more hypocritical than this.
Obama wants a millionaire's tax to stop America's job creating class from getting away with murder-creating jobs for Americans and tax payers galore isn't good enough for him, they've just got to pay more. And in honor of Buffett, the ORACLE OF OMAHA, the man touched by God who's never been wrong (just look at his investment portfolio), Obama is to name his plan THE BUFFETT RULE, based on the sages patriotic call for Washington to stop coddling the rich and charge them more.
Indeed, Buffet wants the federal government to merrily follow Illinois (Obama's home state) into TAX HIKE HEAVEN. For Governor Quinn by soaking the rich (and everyone else) has achieved the goal not of economic growth but of growing unemployment lines. Indeed, since Quinn signed into law Illinois greatest tax hike in history (66% on individual income, 46% on corporations) joblessness rose four tenths of a point from 9.1 to 9.5. losing 31,000 jobs in June and July, the highest in the nation (see Illinois Leads U.S. in Job Loss after Tax Hike ).
It's Herbert Hoover redux. In 1932 Hoover punished the greedy, selfish, capitalist rich forcing them to pay their fair share by more than doubling their marginal tax rates. The nation's progressives stood up and cheered, "Sock it to 'em Herbie, make 'em pay through the rear!" And the following year the great Hoover miracle kicked into high gear: unemployment skyrocketed to 25%, the highest ever in US history. But getting back to Warren Buffett, wouldn't you know it, the octogenarian was born in 1930*, at the start of the Great Depression, 25 weeks into hapless Herbie's tax and spend, class warfare catastrophe.
*Buffett was born August 30, 1930.
Update
Obama said in his speech today, "This is not class warfare-it's math." Actually, it's the mathematics of class warfare by the clueless, losing, can't-pick-winners, crony corrupt (anti-free market) capitalist.
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