Off the cliff we go!!

All this talk about the fiscal cliff is more annoying to me then all the hype i've heard for almost a year about the supposed Doomsday of 12-21-2012. I'm not saying that some pain will be felt if a deal isn't done by Monday to avert the "fiscal cliff", but if there is one, the country still be around come 12:01 January 1st, 2013. This soap opera has become a ridiculous joke. Everyone in the media and Washington is saying that there needs to be a deal that has "spending cuts and tax increases" in order to AVOID automatic "spending cuts and tax increases". Are you kidding me? This is nothing more then a distraction. If anything, it's political Kabuki theater.  The country is sixteen trillion dollars in debt and climbing. That is the real fiscal cliff. The reason why that helicopter Ben Bernanke head of the Federal Reserve is doing everything possible to keep interest rates historic low is, because he knows as well as people who understand the situation realize that if interest rates go up, the higher interest payments on our crushing debt level will officially sink this country. It's amazing how so many people in our country truly do not understand the situation our country is in. Speaking of the national debt, the federal government will hit it's debt ceiling again on New Years Eve according the Treasury Secretary "Turbo  Tax" Timothy Geithner. Traditionally, I am not a fan of raising taxes, because raising people's taxes will not create any additional revenue to the government either at the federal, state or local level. It's like blowing up a long balloon and squeezing one side. One side looks like it's gotten bigger, but it did so at the expense of the other side losing air. In the end, the balloon didn't get bigger, just air was transferred from one side of the balloon to the other. The same goes for tax increases. Tax rates will go up, but no new revenue will be created due to items and services becoming more expensive due to those higher taxes. However with that said, I am actually in favor of John Boehner's plan B to raise taxes on those who make over one million dollars a year, and here's why. I know no additional revenue will be raised from raising anyone's taxes. You see, most of the millionaires and billionaires in this country are Democratic progressives. Liberal repeat the talking point that the GOP is the party of the rich, yet most of the rich in this country belong to the Democratic Party, ironic I know. Anyways, my thinking is why should conservatives and the Tea Party fight to keep the taxes on liberals low? They claim they want their taxes raised, so I say give them their wish.


Of course Obama and the Democratic base aren't the sharpest knives in the drawer. Obama and Democratic politicians and their media allies have been demonizing the Bush era tax cuts ever since they were passed into law back in 2001. For almost a decade, liberal politicians were lying to their base in telling the mind numbed robots that the Bush tax cuts were only for the "wealthiest 1% of Americans", and that the middle class was merely stuck with the bill. Amazing how since Obama was elected, the narrative has shifted from saying that the Bush tax cuts were for the rich to now saying that the bush tax cuts need to be "extended for the middle class". 

Do you think anybody on the left will ever press Obama and the Democrats by asking how exactly can they advocate extending the middle class tax cuts, when they were the ones who said they never existed in the first place?

 If tax cuts are evil according to the left, and they rob the government of operating revenue, then why extend tax cuts for the middle class?  Phillip Klein over at the Washington Examiner asked a very curious question.Will GOP allow ‘Bush tax cuts’ to become the ‘Obama middle class tax cut’? Democrats aren't pushing for new tax cuts for the middle class, only the ones that Bush signed into law over a decade ago. For them to be pushing even for the extension of the" middle class tax cuts" is an unofficial admittance by the kooky left that tax cuts do work. We all know that liberals are fake on a variety of issues. I bet the rich liberals who are movie and film stars, sports celebs and ultra rich business people would change their tune quick if Republicans came out and suggested like what the President of France François Hollande tried to push for in his country, a 75% wealth tax. By the way, even the french courts shot down Hollande's attempt at that..
Anyways, you would see the very same rich progressive phonies who shout tax the rich would all of a sudden would become the biggest anti tax increase conservatives almost overnight. Think I'm joking? Ask Johnny Depp the famous liberal actor who moved to France a decade ago but has quietly moved back to the United States earlier this year to avoid paying higher taxes in France. The multi millionaire  actor and fellow liberal Will Smith supports higher taxes on high income earners or so he claims. When he was in France promoting Men in Black 3, he was on a French television station, and the interviewer asked him about his taught on the proposed new tax rate by Francois Hollande for the wealthy in France. Will sounded like he supported the cause of higher taxes right up until he heard the numbers 75%. God Bless America indeed Will Smith for fraud.




Again, not really sure what's going to happen come Tuesday morning, we all will have to wait and see. The one thing I do know is that due to the staggering amount of debt we have, the same old games both parties have been playing are no longer going to work. More people are starting to pay closer attention then ever before. There might just be a political cliff come 2014 for those in Washington who do not do the right thing to stop this out of control spending that we can not afford.