Get ready for one of the most vicious of all vicious cycles

Obamanomics is a disaster, and it couldn’t come at a worse time. Four years ago, the country may have been resilient enough to shake off the worst effects of Obama’s policies, but with our economy already reeling, his taxes will kill any chance at recovery. We will spend years running up massive deficits — which will prompt Obama to impose higher and broader taxes. Get ready for one of the most vicious of all vicious cycles.

HotAir: Martin Feldstein's prediction

WSJ: Tax Increases Could Kill The Recovery

Obama donor turned Obama destroyer

At least some people are waking up from the matrix!

A wealthy Obama donor who turned on the president is launching an attack on Obama over the Air Force One flyover screw-up, linking it to his big spending policies, an assault that may involve radio and TV ads in a preview of what to expect in the 2010 midterm elections.

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These aren’t just lies – they are worse

California – Obama’s Incubator

by Dick McDonald

• Highest income tax rate.......................10.3%
  
  
• Highest sales tax rate............................8.25%
  
  
• Fourth highest unemployment rate.......11.2%
  
  
• 1% paid 48% of income taxes
  
  
• Payroll taxes - Federal..........................15.3%
  
  
• Income taxes - Federal.........................35.0%

Government does not create wealth – it steals it from the private sector through taxation and wastes it on consumption - on government workers, their pensions and special interest fantasies.

The Terminator waltzed into office in California promising tax cuts. President Barack Obama also told us in no uncertain terms that he would cut taxes on our citizens. These aren’t just lies – they are worse.

What is abundantly evident is that California has been taken over by political criminals – calling them socialists is a massive understatement. These people are showing Obama the way to fashion a similar fascist-like takeover of the American economy.

Governments don’t create wealth the private sector does. Government destroys wealth and wealth-creating vehicles of the private sector. It may be polite to call taxation social justice but if you can draw a breath you know it is outright theft.

Now even after taxing Californians silly, the legislature still has a $42 billion deficit with propositions on May 19th worded to make the people believe that politicians are doing positive things about it. Now if you call borrowing $5 billion against future lottery receipts targeted for schools as something positive you are just another loony Democrat.

I am praying that someone ignites the people at these tea parties to do something about this catastrophe in CA that is spreading quickly nationally.

Barack Obama is on track to spend more money than any person in the history of Earth!

GOP Governors Blast Obama For Out-of-Control Taxing & Spending

Wow...I guess that makes them evil (just like all of us who went to the Tea Parties.

Governors Mark Sanford (R-SC) and Haley Barbour (R-MS) hammered Barack Obama today for his out of control taxing and spending>

Every Obama campaign promise comes with an expiration date

First the "no lobbyists" promise...now the "no earmarks" promise...down the shit-hole called Obama's presidency. Now he says that earmarks are OK if "done right." Right. - Just Another Tax And Spend Liberal