There he goes again: Obama continues more of the same

courtesty of thyblackman.com

President Obama has given a lot of speeches lately. Perhaps if we listen to what he has proposed it might scare us. This president has truly strong beliefs against capitalism and the successful. His answer to all policy questions has been ‘I am not George W. Bush, so love me.’

The president criticized President Bush for providing tax cuts to everyone “especially for millionaires and billionaires” Suggesting that rich people shouldn’t receive the tax cuts. The problem with the statement is that the Constitution of the United States it is says that everyone is equal and all laws and regulations are to apply equally to everyone. How is it acceptable to penalize someone for being more successful than us? What I believe the president is doing is penalizing the extremely successful minority of our country in order to create a popularity with the less successful or discontent majority of the country. The president says that the rich should pay their “fair share”. If that is the case then we ought to cut their taxes because the said “1 percent” pays 28.1  percent (according to PolitiFact) of total federal taxes.

Mr. Obama, after listing capitalist policies for less government and lower taxes, often goes on to say, “ I ran for president because I believed that this kind of economy was unsustainable”. The question that remains unanswered is what to do with that darn piece of paper called the Constitution which, through its beliefs in freedom of economy, has led to create the highest economic quality of life in the history of the world? The president continued his quest to prove the American economic system wrong by saying, “ The flawed policies and economic weaknesses of the previous decade culminated in the worst recession of our lifetimes” I say; Mr. President, corporatism and cronyism fails, not capitalism. He himself is perhaps the greatest example of cronyism. As a senator, he took payments from Freddie Mac and Fennie Mae lobbyists to push for the very subprime loans that led to the mortgage crisis of 2008.

The president added, “ I also believe that government should do for the people what they cannot do better for themselves,” well quoting Ronald Reagan “if none of us can decide what is the best for us then which one of us can decide what is the best for the rest of us.”