Despite the fact that more and more Americans are convinced that the Obama healthcare plan is an economy killer, the doublespeak continues. AP Reports Obama used the “good” economic news yesterday to reiterate the claim that healthcare reform is of critical importance to reviving the economy.

Americans are smarter than this. What was a sneaking suspicion originally [...]]]>

Despite the fact that more and more Americans are convinced that the Obama healthcare plan is an economy killer, the doublespeak continues. AP Reports Obama used the “good” economic news yesterday to reiterate the claim that healthcare reform is of critical importance to reviving the economy.

Americans are smarter than this. What was a sneaking suspicion originally has become a mounting distrust of the concept that big government and skyrocketing spending will improve the economy. Most Americans also know that somehow a bill will be paid, either through increased taxes, stealth taxes, rationing, further economic collapse or all three. And Obama knows it too. None but the most economically ignorant would continue to push such a cruel lie unless there was something else at stake. In this case, it is power. Luckily, more Americans are seeing this as well.

Andrew Sullivan, what do you say [...]]]> Obama to Unveil an Ambitious Budget Plan. Of course.  Taxing the wealthy and businesses to cover the profligate spending just passed by congress.  This man is bent on destroying the economy.  No one who understand real economics can believe this is a good idea.  This is not ambitious.  It is malicious.

Andrew Sullivan, what do you say about this fool now?

A few weeks ago, you spoke to a local service club where I was in attendance. You spoke about the state of the economy and the reasons why you voted in favor of the $700 billion TARP bill, and in particular, about the need to increase our manufacturing base and investment here at [...]]]> Dear Rep. Donnelly:

A few weeks ago, you spoke to a local service club where I was in attendance. You spoke about the state of the economy and the reasons why you voted in favor of the $700 billion TARP bill, and in particular, about the need to increase our manufacturing base and investment here at home, and to stop sending jobs overseas.

Following your remarks I asked you why reduction (or elimination) of corporate income taxes and capital gains taxes are not even on the table in congress. Surely, I said, these would provide a great deal of incentive for investment here at home and reduce business costs to the point that more jobs could stay here or even return here. Your answer was that President-elect Obama “has no plans to raise taxes” at this time.

Not good enough, Joe. You didn’t answer my question, which was about LOWERING taxes, not simply holding them steady. I’m assuming the answer is that no one in congress is really interested a solution that might actually work, instead of bailouts which are already looking pretty questionable. Do you actually believe lower taxes on the companies most of us work for would NOT be beneficial?

I have a few other questions for you in these uncertain economic times, such as:

Fannie Mae and Freddie Mac essentially did what Ken Lay of Enron went to jail for, i.e.,cooking the books to make themselves look more profitable. Why then, are Barney Frank and Christopher Dodd, the chairmen of the House and Senate Finance Commitees, who covered up Fannie and Freddie’s situation, not on the way to the slammer themselves? Why are Barney and Chris involved in “fixing” the banking and credit crisis they themselves caused?

Who, specifically, in the House or Senate has expertise in the design, manufacture and marketing of automobiles that qualifies them to dictate what kinds of cars should be built?

Do you believe the issue of man-made climate change is “settled” and that the issue should be used to affect public policy and curtail our freedoms? Why?

If government is not raising taxes, yet is spending at least a trillion extra bucks on bailouts, where specifically, do you believe we should cut the federal budget? FOLLOW-UP: If the federal budget ISN’T cut, what will prevent hyper-inflation, since the only alternative seems to be to just print more currency to pay the bills?

Why should we trust a bunch of lawyers to re-configure our health care system, which is 1/7th of the country’s economy, and by the way, the best health care system in the world, despite what critics say? Should Ted Kennedy really be personally creating an all-new health system?  Shouldn’t you speak up about this?

If you could please answer these questions, I would be grateful. And I have more where these came from.

David Dufour
Elkhart, Indiana

Joe Donnelly’s call for tax cuts for the middle class is fine, but why not cuts for all, such as the people and companies the middle class works for? Public works projects, while they may be helpful, are not market-driven and are prone to corrupt management. Reduction in capital gains and corporate income [...]]]>

Joe Donnelly

Joe Donnelly’s call for tax cuts for the middle class is fine, but why not cuts for all, such as the people and companies the middle class works for? Public works projects, while they may be helpful, are not market-driven and are prone to corrupt management. Reduction in capital gains and corporate income taxes would keep jobs in the US, spur investment here, and keep and GROW the job market. Why is this so hard for the left to understand?

clipped from www.etruth.com Donnelly calls on Obama to consider Elkhart for economic stimulus U.S. Rep. Joe Donnelly sent a letter to President-elect Barack Obama today, urging him to use economic stimulus money to aid areas hit hardest by the recession. Donnelly suggests in the letter that Obama should use an allocation formula for the stimulus aid that considers an area’s unemployment and foreclosure rates, as well as the loss of tax base and municipal revenue shortfalls. He also calls for Obama to grant tax relief to middle-income families. “The American people demand non-partisan, thoughtful, and pragmatic leadership,” Donnelly wrote, “and they deserve a swift and effective response from Washington to the economic crisis.”