Thursday, April 8, 2010

Looking Ahead to More Taxes

Welcome to the world created by Barrack Obama. According to the Washington
Post, "Federal Reserve Chairman Ben S. Bernanke warned Wednesday that
Americans may have to accept higher taxes
<http://www.washingtonpost.com/wp-dyn/content/article/2010/04/07/AR2010040703116.html>or
changes in cherished entitlements such as Medicare and Social Security if
the nation is to avoid staggering budget deficits that threaten to choke off
economic growth."

Bernake is now telling us more taxes on top of the VAT that is coming?
Seriously? I should not be surprised. Obama says that he inherited this
mess, but he did not inherit the $2 trillion in new spening and promised
entitlements under the new IRS Empowerment Act -- I mean health care law.
Americans are sliding into economic serfdom as we watch Obama and his cabal
of Neo Communists (Neocoms) destroy the fundamentals of a market driven
economy.

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