Haven’t posted in a while… been too caught up in watching the Olympics!
Anyway, here’s the latest of the Messiah’s “economic plan”:
Obama has proposed increases in every major federal tax. He has proposed to increase individual income taxes, with the top rate to rise to almost 40 percent. He has proposed to increase the top capital-gains tax rate by 33 percent. He has proposed the same for the top tax rate on dividends. He has proposed to increase payroll taxes, with a rate increase of 16 percent to 32 percent for workers earning over $250,000 a year. He has proposed to reinstate the death tax (estate tax), now phasing out under current law, with a top rate of 45 percent. He has proposed several increases in corporate taxes, including a so-called windfall-profits tax on oil.
And he has the stones to criticize McCain’s plan as “more of the same old Washington games”?? What is more characteristic of Washington in the last 30 years than tax and spend (repeat ad infinitum)?
The likely results?
Nobel Prize-winning economist Robert Mundell has written that if such tax increases are adopted, the U.S. economy will suffer “a deep recession, a nosedive,” and the dollar will decline further. Amity Shlaes, author of The Forgotten Man: A New History of the Great Depression, claims Obama has proposed the exact same policy mix that led to the depression of the 1930s. (See full article here )
Yes, that’s the kind of economic “growth” we need! Back to the Future… the 1930s??? Keep this in mind when trying to cut through the smoke and mirrors at the Dem convention next week.

Who is he kidding?
August 29, 2008 · Leave a Comment
Here’s an example of what the Messiah seems to mean by “post partisanship”:
[O]n Wednesday, Obama exhorted his followers to sabotage the WGN radio show of veteran Chicago host and University of Chicago Professor Milt Rosenberg. Why? Because he invited National Review writer Stanley Kurtz to discuss his investigative findings about Obama’s ties to Ayers and the underwhelming results of their collaboration on a left-wing educational project sponsored by the Chicago Annenberg Challenge. The “Obama Action Wire” supplied Rosenberg’s call-in line and talking points like this:
Behind the glowing, peaceful facade lies Barack “The Silencer” Obama and his silent enablers on the Left. While mainstream journalists schmoozed with liberal celebrities in Denver, practiced yoga with left-wing bloggers, and received massages at the Google convention tent near touchy-feely Barackopolis, Team Obama was on an ugly, aggressive warpath sanctioned by Mr. Civility. While compassionate Obama prepared to stand before thousands of worshipers at Invesco Field, purporting to give voice to the voiceless, his Chicago-schooled campaign machine was working overtime to muzzle conservative critics. “We want it to stop,” ordered one pro-Obama caller to WGN.
Welcome to the future: the politics of Hope and Change enforced by the missionaries of Search and Destroy.
See the rest of Michelle Malkin’s column here.
[Update] Just in case you don’t know who Stanley Kurtz is (other than the false attacks by the Obama campaign) the editors of the Wall Street Journal describe him thus:
Stanley Kurtz, a senior fellow at the Ethics and Public Policy Center, is a Harvard-educated social anthropologist and frequent contributor to National Review, among other publications. He is widely respected for his meticulous research and measured commentary. For months, he has been doing the job the mainstream media refuses to do: examining the background and public record of Barack Obama, the first-term senator Democrats are about to make their nominee for president despite the shallowness of his experience and achievement.
Categories: Social Commentary