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October 31, 2008
Lynn Forester de Rothschild: Obama promises change, all right - radical at its best
Topics: Political News and commentariesInfluential Democrat, now a McCain supporter, Lynn Forester de Rothschild pulls no punches in her Orlando Sentinel piece and warns that In the guise of a "middle-class tax cut," Obama is adding a tax in order to create a new welfare program that will add to the annual $400 billion that we currently spend on our welfare system:
[...] ... According to the Tax Policy Center, each year Obama will take $70 billion from the 2 percent of small businesses and individuals who create more than 16 million jobs and will send checks for almost $100 billion to more than 40 percent, or approximately 60 million Americans, who pay no taxes at all.Read her entire commentary and learn why she believes Obama will bring the kind of radical transformation to America that could destroy the American dream.
Cleverly, Obama has called his transfer a "refundable tax credit" instead of "income redistribution." Indeed, to label as a "refund" a payment that the recipient has never funded is wordsmithing on steroids.
[...] There is a reason why immigrants fly to America to achieve their dreams. Now, in the guise of a "middle-class tax cut," Obama is threatening that dream. If he succeeds, Obama will bring the kind of radical transformation that this country does not need and never has. And the country will be in for a shock.
Related reading: "Obama Wants 'Second Bill of Rights' That Guarantees Government Welfare" (It is clear that Barack Obama will not seek to 'preserve, protect and defend the Constitution)
Posted by Abdul at October 31, 2008 11:32 PM
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