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Enamored of His Own Reflection

  • July 13, 2011
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by,

Nancy Tengler

http://www.wiseandfrugalgovernment.blogspot.com

Or how Americans put a serial narcissist in the White House.

 

Some day when the historians are chronicling the national disaster that is this Administration, I wonder if someone will think to take note of the thousands, nay millions of times this president has used the word “I.” It is difficult to recall any public figure so self-referential, so self-absorbed and self-satisfied as this president. And will the historians take particular note of the fact that rarely, if ever, have such a civilized and intelligent populace willingly granted so much power to such an unaccomplished individual. Nor one so economically ignorant.

 

Point in fact: the president’s press conference on Monday where he remarked: “And I do not want, and I will not accept, a deal in which I am asked to do nothing, in fact, I’m able to keep hundreds of thousands of dollars in additional income that I don’t need, while a parent out there who is struggling to figure out how to send their kid to college suddenly finds that they’ve got a couple thousand dollars less in grants or student loans.” (emphasis mine)

 

What the president seems to forget, or perhaps never understood, is that he has the free will to donate that “hundreds of thousands of dollars” in extra income directly to that struggling parent. He doesn’t need to wait for the IRS to come and get it and run it through the horrendously and inefficient grinder that is the government bureaucracy. He is free to do with what that money he doesn’t need whatever he wants to. That was the whole idea of the American Revolution: the right to produce and earn and keep the fruits of our labor. A rejection of arbitrary taxes imposed by a distant and out of touch and self-absorbed monarchy…We seem to have become a reflection of all that we rejected and fought for over 200 years ago.

 

We seem to have come full circle.

 

Busybody Town

  • July 11, 2011
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by,
Nancy Tengler
www.wiseandfrugalgovernment.blogspot.com
A man who knows and concerns himself with his own interests is regarded as a man of practical wisdom, while men whose concern is politics are looked upon as busybodies.
Aristotle
Q: Since when is it a bad thing to be rich in America?
A: Ever since the democrats–most notably under FDR–have used the wealthy minority as red meat for their socialist policies.
There is no reason to dance around the issue. Confiscating money from those who earn it to spend it on whatever a few people in power deem appropriate is definitely not the trait of a free and democratic society. Remember that our founders did not include a direct tax (income tax) in the constitutional power of government because doing so would create the ideal opportunity for the many–the poor(er)–to tyrannize the few–the rich(er).
Why does our government require ever-exponentially-increasing-historically-unprecedented levels of cash? Because our politicians–and especially the left-leaning ones–are convinced they know better than you how to spend your money. They know this because most of them have never accomplished anything other than being elected to office. Where, here again, they spent other people’s money to do so.
So while the national busybodies are wrangling over how much of our money we get to keep in the coming years; while they ignore the fact that they just implemented one of the most profligate spending sprees in American history and unemployment, instead of declining as promised, has relentlessly increased as economic growth has sputtered. While they ignore these pesky facts they are once more arguing for yet higher taxes slamming the rich in an attempt to somehow claim the moral high ground.
Let us not be deceived. Before Congress and the President do anything the following tax increases are set to kick in according to an editorial in today’s Wall Street Journal:
  • Starting in 2013, the bill (ObamaCare, or as the pols named it: the Affordable Care Act) adds an additional 0.9% to the 2.9% Medicare tax for singles who earn more than $200,000 and couples making more than $250,000.
  • For the first time ever, the now 3.8% Medicare tax will also be applied to investment income, including dividends, interest income and capital gains. That doesn’t just hit the rich, this implementation of the Medicare tax goes after every American with any assets at all.
  • Also in 2013, a 2.3% excise tax will be imposed on medical device makers. Which means medical devices will become 2.3% more expensive for everyone. Not just the rich. And if you want a real laugh take a look at what constitutes a medical device to these infernal busybodies. They have no shame. They want to tax your toothbrush and feminine care products included in their taxing scheme.

These taxes just scratch the surface of the scheduled taxes increases to fund the “Affordable” Care Act. The WSJ summarizes the affects ofObamaCare taxes and the current wrangling in Washington:

“There are numerous other new taxes in the bill, all adding up to some $438 billion in new revenue over 10 years. But even that is understated because by 2019 the annual revenue increase is nearly $90 billion, or $900 billion in the 10 years after that. Yet Mr. Obama wants to add another $1 trillion in new taxes on top of this.”
Voters overwhelmingly repudiated this kind of Gladys Kravitz peer-through-the curtains invasion into our lives in the fall. Let us hope the freshman Congressional class will have the courage to stand their ground against the nosy ruling class in Washington.

 

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Obama’s Red Meat Rhetoric

  • July 7, 2011
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By, Nancy Tengler

www.wiseandfrugalgovernment.blogspot.com

 

Stay with me here. I am about to quote Aristotle again. I have to. Because his ethics and understanding should be part of our dialogue today. Especially when it comes to politicians. Especially when it comes to Obama and his policies.

In the Nicomachean Ethics, Chapter 6, paragraph 7 on Theoretical Wisdom, Aristotle writes: “That is why it is said that men…have theoretical but not practical wisdom: when we see that they do not know what is advantageous to them, we admit that they know extraordinary, wonderful, difficult, and superhuman things, but call their knowledge useless because the good they are seeking is not human” (157). Or good.

He goes on to provide an example of the man who knew that “light meat is easily digested, and hence wholesome, but did not know what sort of meat is light, he will not produce health” (158).

This man does not produce health. Knowing that light meat is healthy is only half the equation. The other half–the important half–is having the ability, understanding and, yes, wisdom to be able to identify light meat. Healthy meat.

The same is true of Obama’s rhetoric. Saying that we need to produce jobs and then proposing penalties to the very people who produce those jobs is akin to arguing for a healthy diet while downing a bag of Cheetos Cheese-Puffs. Voters of all ages and educational background instinctively understand the notion of cause and effect. If I touch the hot stove again, I will get burned. That is practical wisdom. Something that Obama lacks.

Time to step back from our president’s raging inferno of rhetoric and acknowledge that his policies have done nothing to create jobs and everything to create unprecedented deficits. In record time. Six months ago he was all for the Bush era tax cuts and now he demagogues the rich and argues for tax increases. Which is it? White meat or dark? What is the cause of our problems, rich people? Or uncontrolled and fraudulently wasteful spending?

I know healthy meat when I see it and this red meat Obama is throwing at his far left base is reckless and irresponsible. And anything but practical.