Saturday, March 7, 2015

OBAMAnomics: Are We Destined For Tax Hikes By Imperial Decree?

Raw Power: The White House press secretary has acknowledged that President Obama is indeed interested in using executive orders to raise taxes. The long national nightmare that is the Obama presidency gets worse.
All those speeches Obama made years ago about being unable to unilaterally decree laws that his supporters wanted him to enact were merely a setup for him doing it.
It's clear he wanted to appear as if he respected his constitutional limits as president so that when he did what he said he couldn't do, he would look like he was operating within the law.
No one should have been surprised when Press Secretary Josh Earnest told the White House press corps Monday that "the president certainly has not indicated any reticence in using his executive authority to try and advance an agenda that benefits middle-class Americans." The response came after a reporter asked Earnest about the possibility of the administration raising more than $100 billion in new tax revenues through executive order to close corporate tax loopholes.
"Now I don't want to leave you with the impression that there is some imminent announcement; there is not, at least that I know of," said Earnest.
"But the president has asked his team to examine the array of executive authorities that are available to him to try to make progress on his goals. So I am not in a position to talk in any detail at this point, but the president is very interested in this avenue generally."
Yes, we've noticed that the president is "very interested" in acting alone. In fact, we'd say he believes he alone is the law in America.
Read the rest of the story HERE.

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1 comment:

Anonymous said...


___________________________________________

OBAMA: The Shadow of CRISIS has PASSED

"The shadow of CRISIS has PASSED,
and the State of the Union is strong."

Mr. OBAMA is just a Community Organizer & a Lawyer.

Mr. OBAMA is INCOMPETENT in implementing FISCAL POLICIES.

CLUELESS OBAMA

___________________________________________

CENTRAL BANKS have BANKRUPTED the FINANCIAL SYSTEM

___________________________________________

Over the past couple of decades,

the GLOBAL FINANCIAL SYSTEM has been TRANSFORMED
into the biggest CASINO in the history of the planet.


The whole thing, the entire GLOBAL BANKING SYSTEM,
is as Morally BANKRUPT as it is Financially.

BANKING SYSTEM is Morally BANKRUPT & Financially BANKRUPT

___________________________________________

We are heading for a CRISIS that will be

EXPONENTIALLY WORSE than 2008.

Global CENTRAL BANKS have SET the STAGE

for an even WORSE CRISIS
in which ENTIRE COUNTRIES will go BANKRUPT.

www.ZeroHEDGE.com/news/2015-03-06/central-banks-have-bankrupted-financial-system

___________________________________________

Financial Documentaries

Some must watch FINANCIAL DOCUMENTARIES

www.ZeroHEDGE.com/news/2015-03-06/financial-documentaries

___________________________________________

David Stockman Warns

"It's One Of The Scariest Moments In History"

www.ZeroHEDGE.com/news/2015-03-01/david-stockman-warns-its-one-scariest-moments-history

___________________________________________

The Feds have tried to combat a DEBT problem
by ISSUING MORE DEBT.
………………………………………………………

Both people and governments
have LIVED BEYOND THEIR MEANS
by taking on DEBT they CANNOT REPAY.

America is deeply INSOLVENT

www.ZeroHEDGE.com/news/2014-10-15/recipe-crash

………………………………………………………

How Our Crazy Money System Works

www.ZeroHEDGE.com/news/2015-03-01/how-our-crazy-money-system-works

………………………………………………………

www.ZeroHEDGE.com
………………………………………………………

www.RealClearMarkets.com

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