More Evidence the GOP is Corrupt
We saw the corruption of the GOP clearly during the RNC when House Speaker John Boehner and his cronies changed the rules in spite of the fact the voice vote did not want the changes.
And now, Boehner is sweeping the house of those who opposed him and have stood for liberty. So far, Reps. Amash, Huelskamp, and Schweikert have been removed from their respective committees for refusing to vote in lock step with the Republicans on endless spending. These members have been some of the most reliable votes for economic freedom and the Constitution, and they are now being punished for their loyalty to their Oath of Office.
- Rep. Tim Huelskamp (KS) – Removed from the House Budget Committee.
- Rep. Justin Amash (MI) – Removed from the House Budget Committee.
- Rep. David Schweikert (AZ) – Removed from the House Financial Services.
It seems to me this is pretty clear evidence the GOP is preparing to cave in to the big-spending liberal Democrats and is clearing the way to heap massive new taxes on the American people.
GOP Globalist mouthpiece, Bill Kristol, has recently been arguing that Republicans should just cave in and give democrats the higher tax rates they want.
We're now hearing all the political pundits and state-run media hype up the so-called "fiscal cliff" crisis. Folks, this is nothing more than a scare tactic to get you to accept the higher taxes coming your way.
Raising taxes on "the rich" would scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days. Taxing "the rich" would only produce a drop in the bucket when compared to the staggering and unprecedented deficits of the Obama administration.
The Obama administration has ended each year of its term with a trillion dollar deficit. No previous administration in the entire history of the nation ever finished the year with these kinds of deficits. We don't risk falling off the fiscal cliff… we have already plunged over it.
Over the cliff stimulus spending began during the Bush administration and has continued full blast during the Obama administration. The idea is that "stimulus," or government spending will stimulate private businesses and financial institutions to put more of their money into the economy, speeding up the recovery. But the fact is that has not happened. What it's done is to rack up more and more debt to a point where it can never be repaid.
To disguise this "over the cliff" spending, the Federal Reserve has been called upon to create hundreds of billions of new dollars out of thin air, calling it "quantitative easing". In reality, this is really only debasing the value of money by creating more of it. It's called inflation and is a way to take people's wealth from them without having to openly raise taxes.
This nonsensical talk about raising tax rates only on "the rich" hides the ugly fact that the poorest people in the country will see the value of their money decline, just like everybody else, and at the same rate as everybody else, when the government creates more money and spends it.
If you have $100 and, after inflation follows from "quantitative easing," that $100 dollars will only buy what $80 bought before, then that is the same economically as if the government had taxed away one-fifth of your money and spent it.
Barack Obama continues to blame the increased budget deficits on the Bush tax cuts. What he won't tell you is that we fell off the fiscal cliff in 2007/08 amidst the the mortgage crisis, and we have been in a free fall ever since. While the government's actions might have slowed our fall… the bottom is getting closer every day and we will eventually hit bottom.