DEMS NOW SAYING FAILURE TO PASS PAYROLL TAX CUT WILL BE A TAX INCREASE, YET THE BUSH TAX RATE CUTS WOULD NOT BE AN INCREASE

The failure of the Congress to pass an extension of the payroll tax holiday is being touted by the Democrats as being a big tax increase for 160 million workers.Isn't that special? For the whole year of 2010, the Dems ,along with President Obama,told us that not extending the Bush tax cuts would not be an increase in taxes,but just merely going back to the rates before the Bush tax cuts took effect.But every other word coming out of their mouths is a tax increase would be the result of the failure to extend this tax credit.In reality,every time a tax credit is discontinued or a marginal rate decrease expires, it is a tax increase.In these hard economic times,every little bit of extra money that the worker can take home can make a difference.But in comparison to the Bush tax cuts, this is a small amount.Yet, we still hear from the Dems that this would be a big tax increase,but discontinuing the huge tax cuts the working American enjoyed  under Bush,would not be a tax increase, but just going back to the previous rates.

The Dems wanted to get rid of the Bush tax cuts,which were a very big decrease on most Americans,yet they want to continue the payroll tax credit, even though this is the only way Social Security is funded.This,all during the time we are being told that Social Security is in trouble.They tell us that the money for Social Security recipients is in a trust fund.The only thing in the trust fund is I.O.U.'s. That is right,no money,only pieces of paper.Oh, by the way ,we as a country are broke.We don't have the money to pay off the I.O.U.'s, unless we borrow more or print more money.We are already paying huge amounts of interest on the money we have borrowed.And as long as the Fed keeps printing more money,our dollar becomes worth less or maybe that should be worthless.If they keep this up, we are more likely than not , going to see hyperinflation. If you are not familiar with this term and what it means, then think Weimar Republic.

President Obama and the House minority leader,Nancy  Pelosi, have said for many weeks that the payroll tax credit should be extended for at least a year.The House passed a bill that did just that ,while also extending unemployment for another year, and fixing the doctor medicare payments for two years.Last Saturday the Senate passed a bill, but only extending the tax credit for two months.Then they went home.The house rightly rejected this, saying two months would only continue to create uncertainty among businesses and the employees.The Senate should have never gone home until this bill was passed ,one way or another.But you see,they had to get home for their vacations.We have heard the media and the Dems tell us that the House should pass the Senate bill and move on.That is not the way it works.If they can't agree, then they go to conference and work out the differences.Tell us why the Senate didn't pass the House bill.After all , they gave the Dems and Obama everything they wanted in the bill.

We are told that the bill should not have had the approval of the Keystone Pipeline in it, that the Republicans loaded up the bill with other provisions.Here's a thought.Pass the go ahead on the Keystone Pipeline, which would probably have an immediate impact on the price of oil and gasoline,not to mention it would help us get off foreign oil.I promise that if gasoline decreased by thirty,forty, or fifty cents,the worker would save a heck of a lot more than twenty dollars a week.

SENATOR HARRY REID ON SENATE FLOOR:NO MILLIONIARE JOB CREATORS

Senator Harry Reid, (Nevada), once again gave us another gem of information on the Senate floor yesterday.Reid stated that millionaires don't create a single job,that they are like unicorns,they don't exist.WOW!!I don't know if the Senator is ignorant or he is just plain stupid.When we have the Majority Leader of the Senate go to the floor and spout something as crazy as that was,we have to wonder what Nevada voters are thinking when they elect him to office term after term.It is no wonder that this country is in decline.With politicians like Reid,we don't need any enemies to try to destroy us, they will get the job done themselves.

Maybe Senator Reid has never heard of people like Rupert Murdoch,Arthur Blank and Bernard Marcus, Boone Pickens, Steve Jobs,Bill Gates,Fred Smith,and thousands of others.Why,even U.S. Congressmen and Senators create jobs, albeit with taxpayer money.

The question is whether Senator Reid is ignorant of the facts,deliberately lying,or if he needs to go to a nursing home.No matter which one you choose,we need for these people to go home for good.The sad reality is that some,if not many, will really believe this nonsense.

I knew that we were in bad shape as a country,but I never dreamed we would be led by such idiots.That may be harsh, but there is no nice way to frame this.One thing is for sure, as long as he is in D.C.,we can count on may more of these revelations.