Real tax hikes, phony spending cuts

President Barack Obama made his pitch yesterday to jack up tax rates on high-income earners and bring a host of new fees that will reach across income groups — offering $3 in tax hikes for every $1 in spending cuts:

Drawing clear battle lines for next year’s elections, a combative President Barack Obama on Monday demanded that the richest Americans pay higher taxes to help cut soaring U.S. deficits by more than $3 trillion. He promised to veto any effort by congressional Republicans to cut Medicare benefits for the elderly without raising taxes as well.

“This is not class warfare. It’s math,” Obama declared, anticipating Republican criticism, which was quick in coming.
The president’s proposal, which he challenged Congress to approve, would predominantly hit upper-income taxpayers and would also target tax loopholes and subsidies used by many larger corporations. It would spare retirees from any changes in Social Security, and it would direct most of the cuts in Medicare spending to health care providers, not beneficiaries.

Benefit programs wouldn’t be unscathed. Obama’s plan would reduce spending for those, including Medicare and Medicaid, by $580 billion. But with Republicans calling for massive cuts in entitlement programs, Obama said he would veto any legislation that cut Medicare benefits without raising new revenue.

No Long Faces - The Ron Paul Outlook

During Ron Paul’s speech at the 2011 Southern Republican Leadership Conference in New Orleans, he closed his speech with a couple of references to Samuel Adams. One that many know, and one more obscure. Dr. Paul said that Sam Adams was known for saying “no long faces”.

“If we wear long faces, others will do so too; if we despair, let us not expect that others will hope; or that they will persevere in a contest, from which their leaders shrink. But let not such feelings, let not such language, be ours.” - Samuel Adams

With the ever-encroaching leviathan comprised of local, state and federal governments and a political class that doesn’t appear to address, much less acknowledge, the concerns of the average person, it is tempting to build a bunker somewhere, crawl into bed and pull the covers up over your head.

Tempting until you take notice of the positive strides made by liberty advocates in the past four years; things which could not have been accomplished had activists focused on the negative or gone into bunkers.

Does Ron Paul actually have a chance at winning the GOP nomination? In all honesty, yes.

There are a lot more positive differences between this and last Presidential election than you might know. Consider the utterances of a few Republican candidates espousing a less interventionist foreign policy. Much of this is merely anti-Obama windmill-tilting but it wouldn’t be occurring at all if it weren’t for widespread support amongst the general public.

The recent news that Osama bin Laden has been killed has itself caused some conservatives to wonder what we’re still doing in Afghanistan. If the main objective has been accomplished, after some 10 trillion dollars and 10 years, shouldn’t we bring the troops home and leave the people of Afghanistan to deal with their own independence?

GOP Presidential Power Rankings

GOP hopefuls will square off tonight for the second time in a week, this time at a debate sponsored by CNN and the Tea Party Express in Tampa, Florida. We’re likely to see fireworks similar to what we saw on Thursday. Rick Perry, who is considered to be the frontrunner, will no doubt be a target again by Mitt Romney and Ron Paul. It wouldn’t be surprising to see Michele Bachmann join the parade. President Barack Obama is sure to take criticism, and rightly so, over his latest stimulus gimmick.

Before we dive into the power rankings, here is a look at the latest polling in the race.

Rick Perry (even): Perry has become a punching bag for other candidates near the front of the race. Romney is knocking him over Social Security, Paul is taking him to task for being a former Democrat that backed Al Gore and supported HillaryCare and a pro-Bachmann group plans to run ads against him over immigration. Polls indicate that he is still the frontrunner, but he needs to improve in debates and hope at the ramp up attacks don’t stick.

Of Hobbits and Acid-Tongued Democrats

On January 8th of this year, Rep. Gabrielle Giffords (D-AZ) was one of nineteen people shot, six fatally, by crazed gunman Jared Loughner. For nearly a week the national press and Democrats excoriated the TEA Party in general, and Sarah Palin in particular, for creating the environment that nurtured this horrifying act of political terrorism. President Obama, apparently in another example of leading from behind, eventually called for “more civility in our public discourse”, and admonished us to refrain from “lay[ing] the blame for all that ails the world at the feet of those who happened to think differently than we do”.

Democrats finally heeded their leader’s advice, although it is uncertain whether that resulted from an epiphany that such inflammatory rhetoric was producing more of the division they claimed to deplore, or because they’d lost the moral high ground when it was discovered that the shooter, supposedly driven to his murderous rampage by seeing target symbols on a map of political districts, was actually a liberal, anti-Christian pot-smoker who hated George Bush.

The civility truce was short-lived however, and soon liberal Democrats went right back to ascribing the worst possible motives to their political enemies, simply for holding opposing policy positions. This last week or so, though, has seen liberal vitriol march back into full attack mode. The TEA Party and conservative Republicans have been repeatedly called “terrorists” by the mainstream press and prominent Democrats.

Coming to Expect the Unexpected

Shortly after the 2008 presidential election, historian Michael Bechloss gushed with praise for President-Elect Barack Obama, declaring him to be “probably the smartest guy ever to become President”, and raving that his IQ is “off the charts”. When interviewer Don Imus inquired as to what Obama’s IQ is, Bechloss admitted that he did not know, but that did not keep him from gushing effusive praise. We are left to take a historian’s word for it, because Obama has steadfastly refused to release his college transcripts, and his policies while in office certainly do not lend credence to the claims of his brilliance. In fact, if we had to judge the president by the effectiveness of his policies, Obama would be the functional equivalent not of the class valedictorian, but of that weird kid that sat in the corner and ate paste while talking to himself.

On matters of the economy, the president and his advisors seem to be particularly clueless. Consider some statements from the administration of late:

In a recent video clip making the rounds, Obama responds to a question about the near $1 trillion “stimulus” package and its effect on the economy by laughing and then declaring “ ‘Shovel-ready’ was not as shovel-ready as we expected.” This is, you will recall, the same stimulus package that Obama demanded must be passed immediately if we were to stem the possibility of another Great Depression. We were promised (by Christina Romer, the first chairman of Obama’s Council of Economic Advisors) that if we passed it, unemployment would stay below 8%. Well, we DID pass it, and we have been rewarded with unemployment levels between 9-10+% for well over two years. Now, we have high unemployment AND staggering quantities of additional debt crippling the economy.

The Summer of Wreckovery continues

No doubt all of us would take some good economic news right now, but that won’t come from the jobs report for June, which was released this morning showing the unemployment rate rising slightly to 9.2% and adding only 18,000 jobs:

U.S. employment growth ground to a halt in June, with employers hiring the fewest number of workers in nine months, dampening hopes the economy was on the cusp of regaining momentum after stumbling in recent months.

Nonfarm payrolls rose only 18,000, the weakest reading since September, the Labor Department said on Friday, well below economists’ expectations for a 90,000 rise.

Many economists raised their forecasts on Thursday after a stronger-than-expected reading on U.S. private hiring from payrolls processor ADP, and they expected gains of anywhere between 125,000 and 175,000.

The unemployment rate climbed to 9.2 percent, the highest since December, from 9.1 percent in May.

Numbers from the two previous months were revised down by 44,000 jobs; April dropped from 232,000 to 217,000 and May from 54,000 to 25,000. In case you’re wondering, the economy needs to create around 120,000 jobs each just to keep up with population growth.

Another bad sign is the U-6 rate, what many economists call the “real unemployment rate,” jumped from 15.8% to 16.2%.

Just like government intervention in the economy in the 1930s prolonged the Great Depression, intervention and uncertainty with President Barack Obama’s economic policies are slowing the pace of recovery today.

A Long Train of Abuses and Usurpations

This week we celebrate the 235th anniversary of the signing of the Declaration of Independence, the act of which broke ties with King George’s England and gave birth to a new nation. The decision to break with England was not one made lightly, but one that came after “a long train of abuses and usurpations” which finally made the oppression unbearable. And what comprised this long train of abuses? In part, it was the denial of self-governance and obstruction of the administration of justice. It was the erecting of “a multitude of New Offices, and [sending] hither swarms of Officers to harass our People, and eat out their substance”, the subjection of citizens “to a jurisdiction foreign to our constitution”, and cutting off our trade. It was imposing taxes on us without our consent, and exciting domestic insurrections.

It was this and more that led us to dissolve our political bands with England, declare our independence, and shed our collective blood in defense thereof. Yet, if we truly believed that “all men are created equal, that they are endowed by their Creator with certain unalienable rights”, including life, liberty and the pursuit of happiness, what else could we have done? When we truly comprehend that we are all children of God, sovereign by virtue of our very creation, how can we be content to be slaves? How can we be content to suffer the indignities of oppression?

It was this new philosophy that emboldened the hearts and minds of Americans. It was this belief that led Patrick Henry to declare “give me liberty or give me death!”, and that led Nathan Hale to proclaim moments before his execution by the British that “I only regret that I have but one life to give for my country”.

A shift toward libertarianism

Over at FiveThirtyEight, Nate Silver points to a recent CNN poll showing that the public shifting more towards libertarian ideas (emphasis mine):

Since 1993, CNN has regularly asked a pair of questions that touch on libertarian views of the economy and society:

Some people think the government is trying to do too many things that should be left to individuals and businesses. Others think that government should do more to solve our country’s problems. Which comes closer to your own view?

Some people think the government should promote traditional values in our society. Others think the government should not favor any particular set of values. Which comes closer to your own view?

A libertarian, someone who believes that the government is best when it governs least, would typically choose the first view in the first question and the second view in the second.
[I]n CNN’s latest version of the poll, conducted earlier this month, the libertarian response to both questions reached all-time highs. Some 63 percent of respondents said government was doing too much — up from 61 percent in 2010 and 52 percent in 2008 — while 50 percent said government should not favor any particular set of values, up from 44 percent in 2010 and 41 percent in 2008. (It was the first time that answer won a plurality in CNN’s poll.)

George Pataki Launches New Website “No American Debt”

Congressman Tom McClintock stated many times recently that America is headed towards a “sovereign debt crisis” that our only hope is to make serious budget cuts or the “Titanic will hit the iceberg”. Congressman Ron Paul says that the collapse of the dollar is “imminent” if Washington doesn’t drastically change. A group called No American Debt was officially launched last night by their Chairman George Pataki. They say that they will address these serious issues and brings them to the foreground of discussion.

According to their website, No American Debt is a group dedicated to holding elected officials accountable for our debt crisis. Their purpose is to educate the public about the debt and they will focus their efforts to persuade President Obama and Republican candidates for President to propose real solutions to the number one issue facing our country today.

Former Governor of New York George Pataki is the Chairman of No American Debt. Speculation has arisen that Pataki would be running for President, although he has recently stated that he will not be running for President in 2012. He did say, however, “but I’ve been around politics long enough to know you never say never”.

George Pataki announced No American Debt on April 20th on the Sean Hannity Show (See Below). Since then the Wall Street Journal has also featured them in an Article.

Visit their website at and their FaceBook page for more information on their campaign.

Obama believes regulations are good…

…and in breaking news, the sky is blue!  President Obama, speaking to the US Chamber of Commerce, tried to put forth the idea that regulations are a good thing.

From the Fox News report:

Speaking on matters that concern the business community with which the president has had a rocky relationship, Obama said, “The perils of too much regulation are matched by the dangers of too little.”

But, he said, regulations also serve a purpose.

“Already we’re dramatically cutting down on the paperwork that saddles businesses with huge administrative costs,” he said. “But ultimately, winning the future is not just about what the government can do to help you succeed. It’s about what you can do to help America succeed.”

He added, “We cannot go back to the kind of economy — and culture — we saw in the years leading up to the recession, where growth and gains in productivity just didn’t translate into rising incomes and opportunity for the middle class.”

The president took the opportunity to defend two of his primary legislative achievements — a Wall Street banking bill and health insurance reform.

“I know you have concerns about this law,” he said of the health law. “But the nonpartisan congressional watchdogs at the CBO estimate that health care tax credits will be worth nearly $40 billion for small businesses over the next decade.”

Of course, he neglects to point out that the “nonpartisan congressional watchdogs at the CBO” are hamstrung in how they can figure up their numbers, so you can trust what they say about as much as you can trust Paris Hilton to score perfect on the SAT.

The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.