Sunday, November 11, 2012
Obama's America: The Next Four Years
"So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that's being emitted."
"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket."
"In the long term Obama is going to need to raise taxes on more than just the rich."
- Len Burman, author of Taxes in America: What Everyone Needs to Know
“Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe.” ($9-$10/Gal) - Steven Chu, Secretary of Energy
"I think what's going to happen is going to be a currency crisis, a sovereign debt crisis. It's going to be the same thing that is happening in Europe, including Greece, but it's going to be a lot worse." - Peter Schiff, CEO Euro Pacific Capital
Under Obama, Schiff expects to see a huge buildup of government debt — to $20 trillion in two years from $16 trillion currently. This crisis will be accompanied by higher unemployment, higher inflation, higher food and energy prices and higher interest rates, Schiff maintains.
"We are becoming a nation of economic deadbeats and social parasites. Mr. Obama has forged a new redistributionist order: Tax consumers are devouring the wealth of taxpaying producers. In the process, he is breeding an army — a vast electoral pool — of government dependents. Soon, America will hit the tipping point at which the productive classes are outnumbered — and outvoted — by the nonproductive ones. Our decline will be inexorable and inevitable. The result is a country on the verge of fiscal bankruptcy." - Jeff Kuhner, Washington Times
"This new law will reduce some employers' health care costs by as much as 3,000%" - Barack Obama
If Obama gets his way, there will not be alternative private sector health insurance businesses. They'll be out of business. The only place you'll be able to go is one of these state exchanges where you will put into a giant pool with everybody else that essentially will be run from Washington. That's what's ahead of us. And with a $2 trillion cost instead of $940 billion, you can imagine what tax rates will do, given the way Democrats operate. - Rush Limbaugh
Jim Kouri writes that nearly two dozen new tax increases will be levied under Obamacare, many of them hidden from the American people.
And there are 16,000 new IRS agents just waiting to put a hold on your income tax refund until you can prove that you have health insurance. If you don't, they will keep your refund and if it doesn't meet the federal government's minimum requirements they will garnish your wages to cover the difference. Welcome to ObamaCare!
"This is my last election. After my election, I have more flexibility.”
The potential cuts would be from a current treaty limit of 1,550 deployed strategic warheads. A level of 300 deployed strategic nuclear weapons would take the U.S. back to levels not seen since 1950 when the nation was ramping up production in an arms race with the Soviet Union. - Newsmax 2/14/12
Yes, He Can and Yes, He Is Going To...
“We are days away from fundamentally transforming the United States of America”
Buckle up America, we're about to go over a cliff...
And this may be our last hope: You Have Two Years To Live
Posted by Editor at 8:25 PM