Wednesday, October 7, 2009

VAT - TAX IS BACK

The Value Added Tax – VAT is back, at least according to Nancy Pelosi. You remember VAT, it is the extra 25% tax the Federal Government wants to add on every good or service in the country.

It is also a hidden tax, as it is added in to the price, and you never see it.

This was popular way back at the beginning of the year, after the Stimulus Bill passed. But the idea went on the back burner during the Health Care fight. Now it is back, as a possible way to pay for it.

The logic is, Europe has this. And if Europe has it, I guess we need it too.

Illinois is now facing bankruptcy. California is already there, but thanks to some creative accounting they are still hanging on. Of course this kind of accounting will land you in a Federal Prison if you tried it in the private sector.

Unemployment is still rising. On;t the Government can say with a straight face, that 550,000 people applied for first time unemployment benefits last month, but only 250,000 people lost their jobs. There is that Government way of counting things again.

And I also like how they state they don't count the folks that have stopped looking for work. What a crock, There is no way they know who is and isn't looking for work. What they mean is they stop counting you once you have used up your unemployment benefits, and get dropped from the program. And more and more folks are getting dropped every week.

Which is leading to the increase in home foreclosures.

And since a stupid idea never goes away in government, Barney Frank, one of the main architects of the housing crash, is back to pushing the same plans that caused the mess. Maybe if they were held accountable for their actions he could be stopped. But since the crash he has been busy pointing his finger at everyone except himself, and the policies he forced on the banking world, and the mandates he imposed, that caused the disaster,

And who said Obama was pro Union? Besides me that is:

Delivering on President Obama's promise to boost the labor movement, the administration has announced a $35 million federal construction project in New Hampshire that requires union representation for the workers and forces nonunion employees to pay dues and contribute to a union pension fund.

http://www.newsmax.com/newsfront/obama_unions/2009/10/07/269351.html

NPR EXPOSES ACORN – UNION $$ CONNECTION

http://theunionnews.blogspot.com/2008/10/npr-exposes-acorn-seiu-connection.html

SEIU, ACORN, and the White House
http://theunionlabelblog.com/2009/05/16/seiu-acorn-and-the-white-house/

Obama, ACORN/Project Vote And SEIU

http://sweetness-light.com/archive/obama-acornproject-vote-and-the-seiu

I think the SEIU needs a little investigation, after the FED's get done going through ACORN's books.

No comments:

Post a Comment