Tag: class warfare

President Remembers that He’s President; Holds Press Conference

He’s using the bully pulpit on tax increases for the wealthy.  Cannot hold back this tide, guys.

First question right out of the gate: Petraeus and confidential information compromised?

Consider this your open thread on the Presidential Press Conference.  God knows when we’ll see another, if at all.

Please, please, please let secession come up…

What to do when the left calls Romney an out of touch rich guy..

Look, I am not very enthused about Romney, but that’s the guy that I am stuck with, and as I have repeatedly said, I would vote for anyone other than a child molester over Obama. However, the I am incensed by the left’s current attempt to create the narrative that Romney is an out of touch rich guy, and hence will do worse than the community organizer in chief and his cadre of crony capitalists, tax dodgers, and in general, criminal Marxist sycophantic assholes that have spent the last 3 years destroying our country.

Why is being rich suddenly such a bad and evil thing? Shit, in the election before the inexperienced used car salesman that promised “Hope & Change”, then left everyone hoping they could keep some of their change, the left ran a guy that is just as rich, if not richer than Romney, and that America hating asshole, whom spent the entire campaign telling us how he was a great warrior while ignoring his sordid history and all the cavorting with the enemy once he decided to go into politics, got rich by marrying the widow of a guy that worked to make his fortune.

Why are the only rich people that are evil the ones that do not subscribe to and peddle the class warfare nonsense that the left uses to gin up envy and jealousy from the sheep that are not bright enough to see they are actually being played by snake oil salesmen? Fuck, Kerry, an avid class warrior and one of the lame asses saying the rich need to pay more taxes to help keep the big nanny state in business, has been caught repeatedly trying to avoid paying his fair share! From Yacht gate to pretending the money is in his wife’s name so he should get a pass that it is all hidden in tax free shelters in the Caribbean, this moron, like many/most of other asshole class warriors on the left, has continuously been caught not practicing what he preaches.

Romney, on the other hand, made his fortune the hard way: he worked to earn it, outside of government and the power that kind of leverage gives you to steer tax payer money to your wallet, like many of the politicians on the left that are the most vocal about Romney’s wealth now have done for the last few years, and was not always a rich guy. Compared to John Kerry – that’s the tool that married a rich old broad whose husband had made his money working hard – Romney is a f-ing genius. Yet, the left now is making a big ado about how Romney is the one that is out of touch because he is rich.

Why didn’t we get any of that class envy and propaganda about how being rich made you not just out of touch, but unable to lead effectively, when mister “Did I tell you I was in Cambodia and won 3 purple hearts” was running for president back in 2004 from these leftists twits, huh? The next time some imbecile tries to tell you how Romney is not going to do as good of a job as the people that now have to rely on hit job after hit job by their propagandists friends in the LSM distract you from the abysmal and disastrous economic damage they have caused in the last few years, remind them that we never heard any of this about Kerry. Look over there: racist, women hating, people that want to push grandma off the cliff and laugh at you while they eat caviar and drink champagne while you have to feed your poor kids Ketchup soup! But back in the Kerry campaign days, it was all about how great this imbecile that got rich by the virtue that he managed to convince the old broad that inherited the financial windfall the guy that owned the company that sold Ketchup made, was.

Class warfare and envy of the rich is for idiots. Especially the ones that illogically give a pass to rich people that parrot the collectivist class envy talking points, but then do not follow the rules they put in place to penalize others, but think the ones that tell them to go earn their own money are bad. Romney has issues, but being rich is not one of them: the fact he was successful in business and became rich is an asset. America needs a lot less of the people that think success should be determined by government. Let’s hope Romney is one of those people. Obama and the marxists he represents, certainly have proven they aren’t the answer.

Liberals class warriors fail yet again..

Remember Buffet’s poor secretary? Well when I was told she paid more income taxes than Buffet, my first question was “How much does she make?”. My wife has a friend that is a personal assistant to a real big-wig worth a lot of millions. She makes something around $65K a year – and she is one of the high earners in that field according to my wife – so she told me to assume Buffet’s assistant was making around that. I never bought that, after all this is Buffet we are talking about, and it seems I was right in asking this question, because Buffet’s secretary, according to this Forbes article, using some basic math and available information, since Buffet’s assistant is not likely to share this information, likely makes a ton more money than the average assistant does.

The IRS publishes detailed tax tables by income level. The latest results are for 2009. They show that taxpayers earning an adjusted gross income between $100,000 and $200,000 pay an average rate of twelve percent. This is below Buffett’s rate; so she must earn more than that. Taxpayers earning adjusted gross incomes of $200,000 to $500,000, pay an average tax rate of nineteen percent. Therefore Buffett must pay Debbie Bosanke a salary above two hundred thousand.

At a minimum we can agree that the liberal talking point that Buffet’s poor secretary is getting hosed on taxes with an income at that level, is spurious at best. After all, by the liberal standard that anyone making over $200K a year is a filthy rich bastard that needs to pay more, she already gets to keep too much of her income. Obviously your average Joe also calculated this gap between Buffet and his secretary based on a number that is a fraction of what she really makes. And finding out she makes this much also throws the assumption that her taxes are drastically skewed compared to Buffet, when you consider that most people making their living as an assistant do not pull that kind of money, out the window. She pays a lot more in taxes than your average assistant would for sure.

What should really anger everyone is that we where basically manipulated by these class warriors. You think most people would have cared about this idiotic talking point if they figured out the assistant was making something upwards of $200K already? How about concluding that she obviously paid a lot more taxes than your average assistant – her situation is far more likely to trend towards being unique and not the trend – would, and hence the claim the fact Buffet paid less in income taxes than she did was meaningless?

Sucks to be class warriors when the facts get in the way doesn’t it? And have no doubt that in this case, had we know the facts, that the left wouldn’t have carried this talking point for long. I now expect the whole Buffet and his assistant argument to vanish , with the LSM pretending it was never misused as a club by either them or their ideologue masters, to push a filthy agenda.

Edit: correcte a missing not in above statement (bolded).

Class warriors think they have a new angle, but it is a big fail

This morning I was watching some post SOTU interviews to catch up on the reactions to the speech. I turned off the TV before the speech ended, because there is just so much bullshit I can take in one sitting, and went to bed, a more productive use of my time, by far. So there they had a panel discussing the aftermath, and on it was with some lady from some institute for progressive something or another. She was quite outmatched by the others. But she did drop a bombshell that remained unchallenged, and she sure felt she had scored a big win because of that. I want to address this, because her argument and line of thinking was so easy to take apart.

Basically when it was brought up, she made the case that democrats should not let republicans win the argument Obama made about all the “injustices” – there you have that marxist drivel again, even when you try to pretend you are an optimist like Reagan – he wants to address. Those that identify this as base class warfare rhetoric and point out that what democrats are basically really doing is counting on this rhetoric to galvanize enough jealous and envious people into giving them the go-ahead to steal even more money from the productive sector, to keep their big government efforts going, did not sit well with her. To her this was a just struggle, and she thought she was quite clever to link it to the struggle to build this great nation. Something Obama spend a long amount of time paying lip service to in his speech as well.

Her defense of class warfare was based on drawing a parallel between the choices made by our forefathers and the ones that the class warriors, I am sure she doesn’t like that term, but I am calling it what it is, tell us they want made. Their premise is that the forefathers created our democracy in order to prevent the European aristocracy and oligarchy from being the driving force in America. I agreed with her on that premise, to some extent, even if she was got a lot wrong – I am certain that what our forefathers concocted was a republic, specifically because of the inherent dangers of a pure democracy where the majority would be free to impose their will on the minority – to insure a just society, but she was way, way off base. This concept of three wolves and a sheep deciding what’s for dinner, sound familiar? And then she dropped the bombshell and concluded this line of thinking by making the ludicrous argument that what the people opposing Obama referred to as class warfare were trying to do the same. That’s because, after all, the democrats where fighting the power of the rich, which are a manifestation of aristocracy or oligarchy, which basically had turned America into an unjust society!

How clever! Except, it is transparently bullshit. I could go into a long ass diatribe about how these class warriors fighting the rich, aristocracies, and oligarchies have always played out, but suffice it to say that that this is unnecessary, because the premise that they are fighting the rich, the aristocracies, and oligarchies, is pure unadulterated bullshit. I could also wax philosophical about how the left is trying to recreate the European experiment, which is still rooted in a society where the credentialed elite rule the masses, by fiat, and represents the ultimate class conscious society. But I will just stick to pointing out that what the class warriors are really fighting against, is what they perceive as the current centers of power. And what they intend, the reason they fight, despite the claim that they are trying to address an injustice and level the field, is to replace the current people in power with themselves. That’s what their struggle is about. That’s what marxism and every other spun off collectivist ideology that came from it has been all about. This battle to replace the existing power centers with themselves played itself out everywhere that the class warriors did their thing. From the revolution in Russia that gave us 70 years of the USSR to the one in China, Korea, Cuba, and every other third world shit hole that embraced this cancerous ideology, the fight was to kick the people in power out and take over that power. In every single instance, whoever was in charge that the class warriors wanted gone, was replaced by a singular individual or a gang of tyrants, which did far worse things than their predecessors. The injustices got even more pronounced after that.

And what we have here going on with the ne breed of class warriors, is more of the same. This lady’s argument that the democrats should tell people that what they are doing is not class warfare, but a noble struggle, one that emulates the virtues and values of the forefathers that set up the republic, and addresses the injustice between the suddenly aristocratic rich and the common man, is bullshit. A huge, smelly pile of bullshit. A whopper of epic proportions. These leftists have no problem with rich people, or for that matter aristocracies. Most of them are super rich. Practically every single one of them belongs to the credentialed class and thinks they are far, far above the stupid common man. They have all the answers, and we all need to do what they tell us. So when they tell you that what they are doing is battle the powerful rich and to level the field, it is a lie. They don’t have any problem with the rich: they have a problem with any rich people that do not go along with their vision of a big government nanny state run by an oligarchy/aristocracy of the approved/credentialed leftists. This fight isn’t against an aristocracy or oligarchy of the rich, but a fight to replace the current people in power – which hilariously is themselves – with an oligarchy or aristocracy composed of those they approve of. And have no doubt our new people will be powerful, and rich. Castro and Chavez claim to be men of the people but they have the wealth of the entire nation they are raping at their disposal.

I guess, to paraphrase some Orwell, some rich people are created more equally than others. That absurd distinction is why Mitt Romney is a bad rich guy. But John Kerry, Nancy Pelosi, George Soros, and Warren Buffet, to name a few, all are not bad rich people. Or for that matter even considered rich or worthy of being called such. Romney’s crime is that now that he is running as a republican, he isn’t a big supporter of the nanny state the left sees as a means to ensconce itself in perpetual power. That makes him earning millions and paying what the law says he should on these earnings from investments, unjust. Those “rich people” that say they are fine with the class warriors call for government to jack the rates up, while making backroom deals that allow them to not only be exempt from the new financial burdens these onerous regulations impose on people trying to get rich, but often double their earnings because government rigs the game in their favor, are not the good guys. Crony capitalism sucks. Warren Buffet telling us he is fine with higher income, estate, and even investment taxes, knowing full well that his investments will make a killing, in excess of whatever he would have to pay now, once people trying to avoid getting whacked seek some redress. And when that all comes with a huge bonus, like that big government scratching his back, by killing a deal that then sets up more of his investments to make oodles of cash, in return for his support of their power grab masquerading as a battle to redress injustice, we should be angered. It shouldn’t us think Buffet is a good guy, and it certainly shouldn’t lead to people thinking that these crooks are doing a decent thing.

It has forever bothered me that so many people fail to realize that this class warfare rhetoric is bullshit. These democrats are playing them. They do not plan to address any injustice at all! If that was the case we wouldn’t be burdened with the nonsense of the last 5 decades which have only served to make the injustices they proclaim to be addressing worse. What power is there to derive from declaring a war on poverty, racism, sexism, and so on, when you actually fix the issue? No, what the class warriors are after is to shift the power from those that have it now to them and those they approve off. That’s what the fight against big oil in favor of green energy – more like red, but I digress – is all about. That’s why Buffet and Kerry are good guys, but Romney and the Koch brothers are greedy and evil. That’s why Immelt’s GE is a good company, and Immelt gets to sit on a panel, but Ford gets told they will get the full force of the government on their back if they dare put out a commercial where they point out they didn’t get bought out, at tax payer’s expense, so democrats could secure power & wealth for one of their constituent blocks. That’s why Obama tells us flushing billions down the toilet on idiotic ventures like Solyndra or fining the energy industry for not doing something that is physically impossible is considered an “investment”, while anything done for evil oil companies are “subsidies” and in dire need of ending. That’s why they tell us government creates jobs and we need to let them funnel close to a trillion dollars to their friends, lobbyists, special interests, and campaign coffers, then blame the fact things are going south faster on everything but their idiotic wealth redistribution based social engineering policies.

What people need to understand is that the only injustice these democrats seek to address is the one where they don’t control everything. After all, they are the credentialed smart ones, and they know better than the rubes. So they should both be calling the shots and getting the rewards for doing that. That’s why Obama delivered a speech last night where big left leaning government was going to solve all the world’s problems. And these are the reasons why people should wise up. At the beginning of the last century the fellow travelers of our current crop of class warriors used the same arguments, banking on the jealousy and envy of the majority to propel them to success, through violent revolution. Now they have abandoned most of that violence – unless it is union related, I guess – because it is a dead give away of what is to follow. But the goals remain the same. And based on historical evidence, the end results will be the same too. Sooner than later. It’s the whole theory that if you drop a frog in a pot of boiling water he will get it, but if you do it to it incrementally, the dumb thing gets cooked.

Class warfare is a disgusting excuse used by power hungry scam artist to fool people into letting them do what they otherwise would never go along with. Class warriors have never fixed any injustices, history shos us that they only managed to create more of them.

What a Co-inky-dink!

I was terribly surprised to find out that one of the world’s richest guys whom offered lip service to Obama’s “tax the rich” class warfare nonsense back when his insurance companies stood to make huge financial gains if the Feds jacked up taxes, and especially estate taxes, on the rich, ended up having another one of his companies making out like a damn bandit after the WH killed the Keystone XL pipeline. One of Warren Buffets companies, Burlington Northern, a railroad company in true Monopoly – the game for you illiterates – fashion, which makes oodles of money hailing oil from Canada stands tomake even more money after Obama’s cancelation of the XL pipeline.

Bleh, nothing to see here. It’s not like this WH has a history of such crony capitalism writ large. I mean the billions we sank into so many dubious green companies & technologies, only to see massive failures and no serious positive return of any value to speak of, for example, was actually just another series of “accidental misinvestements”. Yeah, sure. The US administration that has done the most during its tenure to abrogate itself the ability to use the law as a cudgel and allow it to pick which companies and ideas are winners and losers, and which despite all the facts to the contrary has decided they will spurn fossil fuels in favor of unicorn farts – green technology – even if it causes massive pain to the average American they so pretend to care about, just happens to make another decision that hurts the average citizen, but benefits the very people they pretend to so hate for being wealthy.

I see why Buffet loves this guy and feels it is a great idea to back his class warfare shenanigans. There is some huge money to be made here, and all it takes is the kissing of these champions of the little people’s asses. Of course, I remind you all that the only evil entities are these rich oil companies. And then only the “rich oil companies” that don’t end up being the largest contributors to the political campaigns of democrats like BP was for Obama. There is a pattern here, isn’t there? I am sure all the three letter DNC propaganda outlets will be stumbling over each other to report this tidbit or anything like it too. In the mean time, the leftists will tell us that when a rich guy like Buffet tells us we should be happy to get taxed harder, by collectivists that will then piss that money away buying votes with all kinds of stupid schemes, that we should take his advice. That he is actually making even more money because of these schemes, and is also likely to get himself an exclusion from these class warriors for a nice donation to their campaign funds, should not dissuade us people trying to keep government from fleecing us from bending over and liking what follows.

By the numbers..

The Chicago Sun-Times has this article dealing with Obama’s recent claim that his new plan to plunder $1.5 trillion from the evil productive was not class warfare based on the math. As many of us pointed out Obama was lying when he said this was not class warfare because the math proves it is just that.

When President Barack Obama rails against “millionaires and billionaires,” as he does often, Republicans accuse him of trying to divide the country by class. In his speech calling for $1.5 trillion in tax increases, mostly on high-income earners, Obama declared, “This is not class warfare. It’s math.” The problem for him is that his math doesn’t add up.

Those that point out this is class warfare are dead on, and the math proves it. From the article:

For starters, Obama’s tax increases hit individuals making $200,000 and families and small businesses earning $250,000. That’s far from being a millionaire. Sen. Charles Schumer, one of a number of the Democrats critical of Obama’s tax plan, notes that $250,000 “doesn’t make you rich at all” in high-cost-of-living, high-tax New York.

Furthermore, the numbers dispute Obama’s assertion that “the wealthy” don’t pay their fair share of taxes, according to an analysis of recently released IRS data for 2009 by the nonpartisan Tax Foundation. The study shows that taxpayers earning more than $200,000 accounted for 25 percent of the nation’s adjusted gross income for that year but paid 50 percent of the $866 billion in 2009 income taxes.

Even democrats are pointing out this plan stinks. And while donkey class warriors like Chuck Schumer do the Macarena trying to pretend the problem isn’t that the issue is that this bill has defined “rich” at a ridiculously low level, that is immediately apparent to anyone looking. The reason Obama keeps bringing down the definition/threshold of what’s considered rich, while continuing to pretend he really is only targeting those greedy billionaires and millionaires that obviously got their money by taking it from others and thus are not paying their fair share, is because there simply are not enough rich people from which these class warriors are able to confiscate all the money they are currently spending from.

As the second paragraph in the quote points out those making more than $200K a year account for 25% of adjusted gross income, but paid an unbelievable 50% of the income taxes collected. And yet, they are told they need to pony up more so the Keynesian class warriors can keep their failed vote buying schemes funded. In fact, the dirty secret is that based on how much cash these collectivist, class warrior, big government aristocrats want/need to control and spend, they will have to dumb down that threshold that defines “the rich” to a way lower number – to families making around $60-80K at a minimum – and jack up the amount they take in order to scrounge up enough cash to barely break even.

When taxes collected from individual earners amounts to $866 billion, and you are running a $1.5 trillion gap, even if we are to believe they are going to make drastic cuts – which sane people should not for the obvious reasons – and all you try to do is get about half of that from these individual owners, you are looking at almost doubling what was taken in 2009! If you double what the supposed rich – those making $200K and more – pay, you are still short by half of what you need to cover that $750 billion number. And if we are generous and grant them that they then make cuts that amount to half of what’s still missing, it is still obvious that what we are left with a big gap between what’s taken and what’s spent. The article also points out the following about corporate tax income.

Also, those awful corporations that left-wing Democrats hate so much pay a lot of taxes. The 1,900 largest corporations accounted for two-thirds of the $227 billion in 2009 corporate income taxes, according to the foundation.

There is no way they are going to fleece corporations for that much new income. Even if they doubled what corporations pay, and that would kill the economy outright, but these tools are economic illiterates anyway so it doesn’t take much pretending to go there, it is obvious that the burden on the individual earner is going to be the lion’s share. When we have a $1.5 trillion deficit, or if you are inclined to be generous – which I am not – and allow for them actually making big cuts, the numbers still don’t mesh. There is no other conclusion but that middle class would have to be soaked in order for them to keep the near 50% that currently don’t pay federal income taxes, but get back money through the IRS wealth redistribution scheme that passes for tax policy these days, larded enough to vote for them.

The math simply doesn’t add up. No matter how you slice it, what we have now is unsustainable and soaking the rich will not save the day, ever. It does add up, of course, if you are using the math to prove it is all about class warfare. The only class that makes out is the political aristocracy that bases its existence on convincing the least productive they are entitled to the money of others, and that if they allow these aristocrats to live large, they will fleece the productive real hard under the guise of social justice.

Now on to some more revelations in this article.

The numbers measuring the impact of Washington’s stimulus programs aren’t any better. The Federal Reserve declared Wednesday that the country faces years of low growth and announced a new $400 billion economic salvation program. The Dow nose-dived 283 points Wednesday and 391 Thursday. A couple of weeks ago, Wall Street reacted with another plunge after Obama announced his latest $447 billion jobs program.

That cobbled-together mixture of temporary tax cuts, short term credits and infrastructure spending is supposed to create 2 million jobs. Do the math and that comes out to the government spending $223,000 for each new job.

That’s a little better than Obama’s first stimulus package. That one, totalling $821 billion, is supposed to have created or saved as many as 3.6 million jobs — a figure widely disputed — which translates into $228,000 per job.

I won’t bother to point out how destructive these Keynesian wealth redistribution scams that fool no one has been on our economy. The numbers do that job quite well. More math! But even if you are stupid enough to buy the concept that its governments that create jobs, can you not see that under the best case scenarios – and I do not for a second buy the numbers bandied about by the Keynesians on how many jobs either patronage bill one or the new and improved patronage bill 2 will create – the cost is insane? Do you seriously believe you could sell such a business plan to a bank if you where a private investor looking for a loan? Fuck, this is insane and stupid.

And now for some fun.

That’s small potatoes compared with the Department of Energy’s program of $40 billion in loan guarantees to promote green energy. Half the money has been spent to create a total of 3,545 direct jobs, according to a Washington Post analysis, That’s $5.6 million per job. But rest assured, the DOE says once the full $40 billion in financing is disbursed, 60,000 jobs will be found — more than $666,000 for each new worker.

Does this sound familiar? Where did someone say exactly something like this only to be called a liar, based on a slight of hand calculation that would make David Copperfield feel awed by the illusion, used? Wink, wink…