At the top of Thursday’s CBS Early Show, co-host Harry Smith declared: "Tax the rich. New details on how President Obama plans to pay for his $3 trillion budget." Later, correspondent Bill Plante reported on Obama’s proposed budget in a matter-of-fact way with little skepticism: "It spends almost $4 trillion. That's trillion with a 'T.' And the deficit is $1.75 trillion because of spending on the recession. And it raises taxes on the wealthy in order to pay for some new proposals on health care. The president wants to set aside $634 billion over the next ten years as a down payment on health care reform. He'd get the money by lowering the limit on tax deductions for high earners and by trimming some Medicare spending."
In Plante’s report, Politico’s Mike Allen was quoted: "This budget is going to have some highly symbolic cuts to show people that tough choices are going to be made." Plante elaborated: "Those include what officials call 'massive cost overruns' at the Defense Department. A phase-out of direct payments to farmers making more than $500,000 a year. Elimination of the federal mentoring program, a Bush administration initiative which is labeled ineffective. And closing the loophole which allows Wall Street investment managers to pay income tax at the rate of only 15%."
Plante did offer some criticism: "But for President Obama's goal of cutting the deficit in half by 2012 to be realized, all budget predictions would have to hit their mark. Something that's never happened." However, no opponents of the proposed budget were featured in the report. Slightly more criticism was offered in an 8:02AM news brief when co-host Russ Mitchell asked economist Peter Morici: "When you look at the numbers, is it going to work in your mind?" Morici replied: "Well, he's got it adding up for now. The problem with this sort of thing is when you expand a benefit, such as health care coverage, people come out of the wood work and you end up with many more beneficiaries than you anticipated."
—Kyle Drennen is a news analyst at the Media Research Center.




















Editor at Large
Comments Policy
Obama - on trimming spending on Seniors
February 26, 2009 - 16:11 ET by Gary HallI'd have to wonder if Obama is still listening to one of the left's leaders on Socialized Medicine, former Clinton Labor Sec. Robert Reich. From a lecture in Sept. 07:
It's a new world out there folks. (;~/ gary
Gary Hall
February 26, 2009 - 16:22 ET by dborschjr68"Thank you. And by the way, we're going to have to, if you are very old,
we're not going to give you all that technology and all those drugs for
the last couple of years of your life, to keep you, maybe going for
another couple of months. It's too expensive, so we're going to let you die."
So do us all a favor and die with some dignity, okay? It's no big deal, you've had a good run, just let it go. Maybe you could find some, like, elephant graveyard to go to and just lie down and, you know, die. Oh, the liberal mindset never ceases to amaze me: If they don't get ya with abortion, they'll get ya with euthanasia.
Long live the Republic! Conservatives unite!
Eat the rich.
February 26, 2009 - 16:19 ET by dborschjr68"And it raises taxes on the wealthy in order to pay for..."
I cannot believe they actually are saying this to the American people with no fear of reprisal. While taxing the wealthy seems somehow socially fair and well-intentioned, (Who doesn't love Robin Hood, taking money from the corrupt rich and giving it to the totally deserving poor.), it is going to set a terrible, terrible precedent. If you are a regular here on NB and of the Conservative/Common Sense persuasion, you know this already.
My interest is in how the American populace, in general, will react to this. Will the people scream NO, or will they applaud this first step towards Socialism? How will the MSM spin this, or do they even need to? Will the working middle class realize that they will be next, after the government has drained the wealthy? Interesting.
It is the ignorant, (meant in the truest sense of the word), masses that interest me these days, and how we can get the truth to them before it's too late.
Long live the Republic! Conservatives unite!
Actions have reactions
February 26, 2009 - 16:29 ET by KC MulvilleSome guaranteed reactions:
Any changes, good or bad, change the baseline. The assumptions that are anchored in the baseline will also change. Static plans do not work well in a dynamic environment.
Right you are.
February 26, 2009 - 16:35 ET by BlondeI was listening to Rush today, a lady called in from NY.
She relayed how she told her husband just this a.m. to cut back....quit working the long hours, enjoy his time with his family now, since there was no sense in earning in excess of $250K just to support others. Furthermore, that she believed if they had enough for retirement, it would be taken away, so screw it....enjoy the now.
It was really sad. Even Rush was kind of stunned at the matter-of-fact way she told her story.
Obama's not going to "raise up" any middle class....he's going to drag down the upper-middle class.
Socialism....the equality of misery.
J,
February 26, 2009 - 16:46 ET by R D HelmI am hearing a lot of talk like that around here, also.
I think we are at the point where many small business owners, who just happen to employ 97.9% of the people in my state, are getting close to throwing in the towel and saying enough is enough.
I honestly can't say I blame them if they do, either.
I mean, what is the point of busting your ass, only to see other people use the federal government to steal most of the fruits of your efforts?
-Dave
Our clueless political leaders are about to drive us all over a cliff. The time to HITM is now-before we go over.
So true, Dave
February 26, 2009 - 16:52 ET by BlondeObama thinks everything's going to remain the same, wrongo!
People are not going to put up with this theft of our efforts. As Tom Clancy once put it, grand larceny writ large.
I hope he fails, too.
Motive is everything
February 26, 2009 - 18:21 ET by KC MulvilleAgreed, Blonde.
I didn't hear Rush today, but it's not a surprise. Remember during the summer, Biden kept dropping the threshold for being considered rich? At one point, I think he mentioned $150,000 as a possible target. So don't kid yourself ... Obama will lower that $250k threshold if they need more revenue, and suddenly we're back to the bracket creep madness of the Carter years.
After all this time, they still haven't figured out the basics of economics. Economic growth depends on productivity, and if people aren't motivated, they won't work hard enough to increase productivity. If motivation stops at $250k, or $200k, or $175k, then that's where productivity ends.
Don't be naive
February 26, 2009 - 16:34 ET by exLibObama and his team relentless poll and focus group every little thing they say to make sure at least 51% of the people will be OK with what they are saying.
The fact that "the rich" are only 5-10% of the population means that obama & co. will always have a positive favorable result. He knows the catch-phrases and slogans that people like to hear.
clinton did a good job of that in the 90s.
It has no bearing on whether the administration is effective or not, but it always guarantees they will be "popular" and will likely get him re-elected in 012.
Press release ROFLMAO
February 26, 2009 - 16:20 ET by 10ksnookerNext PRAVDA will actually try writing a story by cut and paste of the DNC releases.
Why are liberals so cruel. Hurting those the say they want to help the worst.
Are you angry enough yet?
February 26, 2009 - 16:25 ET by waincroftMy first comment on here and I'm speechless due to my anger over this insanity!
I'll be attending the Tea Party Protest at Bowditch Park in Fort Myers Beach at 11:00 AM tomorrow. I can't sit here with my butt up my %*$.
I hope those of you who are anywhere near a Tea Party Protest will go, be loud and be heard!
Waincroft
Round up the RINOs
Hi waincroft
February 26, 2009 - 16:29 ET by sherylsimsWe are going to the one in San Diego! WOO HOO!!! I plan to be heard. (It beats sitting around here complaining about things, eh?) We are making the signs this afternoon. I already talked with the organizer of the event and she said they are expecting around 200 people. I am not sure what we will accomplish, or even what the goal is, but I will be there for it, whatever it is!
San Diego eh? Dang it
February 26, 2009 - 16:36 ET by bigtimerSan Diego eh?
Dang it all...I'd doubly love to be there tomorrow for more reasons that one...(weather, as it is snowing here at the moment, and I used to reside there years ago)...anyway, if my Uncle was still alive, he would be there, I know that for a fact.
Give a shout out there too for some of us who cannot attend and are 100% with you all!
BT
February 26, 2009 - 16:39 ET by sherylsimsTell me what you want on a sign and I will make a sign and give it to someone to hold up in your name.
Hey sheryl... Thanks...I
February 26, 2009 - 16:49 ET by bigtimerHey sheryl...
Thanks...I am getting to go out the door at the moment for a few outside chores...I will return...and let you know via PM.
Something like...'From MY Cold Dead Heads!' though.
...ah heck, now the phone is ringing...I will get back to you shortly...and thank you!
waincroft... I'd love to
February 26, 2009 - 16:31 ET by bigtimerwaincroft...
I'd love to live near an area to attend any of these...they are all across this country...and the word has been spreading fast everywhere!
Give a shout out for us here in Montana by the border...be sure and come back and tell us how it went!
I know there is also a big one going on in Dallas too from other friends I am in contact with.
I hope these Tea Party Events are bigger than anyone expected to be...maybe someone in the msm will report about all of this...yeah, most likely in my dreams...
Glad you're here...be sure and post more often.
Tea Parties
February 26, 2009 - 16:49 ET by waincroftI'm going with a huge sign with my ten grandchildren on it. I can only think with horror what their future is going to be. Any ideas for a good slogan to put on the sign with the picture? As a product of the 60s, I can protest with the best of them!
My daughter in law is from England which has cradle to grave health care which almost put her father in his grave waiting for treatment!
There's just so much wrong with this! I think POTUS (Presidential Orifice of the United States) is certifiably insane, truly.
Round up the RINOs
I am not very good at "clever" stuff.
February 26, 2009 - 17:00 ET by sherylsimsWhat about,
"The best gift we could give them is a FREE ECONOMY"
waincroft
February 26, 2009 - 17:00 ET by BlondeWhere in Ft. Myers is this little shindig?
I may have to drive across the Alley to attend.
Many thanks, and WELCOME, here.
I hope he fails, too.
Bowditch Park directions and tips to avoid parking hassles
February 26, 2009 - 17:42 ET by waincroftBowditch Park is at the north end of Estero Island, which is where Fort Myers Beach is located. Parking is awful and the traffic on the two lane road pretty busy.
If you are going to go into Fort Myers Beach via San Carlos Blvd and over the Matanzas Pass Bridge, forget it and turn into the Winn Dixie shopping center a few miles back. Over on the left is the trolley stop and the parking is free. The trolley is only 50 cents. It takes you right to Bowditch.
If you are coming from the south or east, either on 75 or 41, take the Bonita Beach Road exit and head west. Continue along BBR until you come to Lovers Key (you will see a sign for the state park there -- always ranked among FL's top beaches). There is a dirt parking area across from the park where you can park free or you can pay to go into the Park. I believe the trolley stop is just at the front entrance to the park, but you could ask the Ranger in the booth.
This will save a lot of headaches!
I have a condo over near there. Hope there is another Tea Party Protest in Fort Myers in future so we can have a little tea party of our own at my clubhouse! Just no dumping of tea in the pool please.
Need another laugh?
http://www.youtube.com/watch?v=yGfQk9XXm24
Round up the RINOs
Thanks, wain
February 26, 2009 - 17:56 ET by BlondeI already googled the map...it's 158 miles...I live on the Gold Coast (just north of Ft. Lauderdale).
Maybe I'll see you tomorrow....I'll be wearing a black hat w/teabags on it, LOL.
Thanks for the parking tips....the Bowditch Park website said they only have 75 parking spaces....so I hope anyone else here from the west coast sees that, too. MSH? Where are you?
Oh...and here's a list of the other tea party events nationwide.
I hope he fails, too.
Presidential Orifice of the United States?
February 26, 2009 - 17:19 ET by R D HelmLOL-I love it!
Welcome to NB, waincroft. :-)
-Dave
Our clueless political leaders are about to drive us all over a cliff. The time to HITM is now-before we go over.
Waincroft, You're not
February 26, 2009 - 16:38 ET by KarmaWaincroft,
You're not alone in your distaste for this socialist takeover in DC. This is just the beginning and the battles to come will be intensely emotional.
However, on a humorous note, how do you get your "butt up your %*$"?
Healthcare...Food...Education...Housing... - What sprouted as free for some is maturing into a free-for-all.
Karma
February 26, 2009 - 16:40 ET by sherylsimsI was wondering that too. I am picturing him all inside out.
LOL
February 26, 2009 - 16:55 ET by waincroftOh, geeeesssss. Well, know you know I'm not a doctor! But that faux pas may give you any idea how angry I am. My brain feels like my butt because no matter how hard or long I think about this, intellectually, rationally, emotionally, any way I look at it, I DON'T GET IT and I think it is dead wrong! And I'm very afraid there's nothing I can do about it.
Round up the RINOs
Good to have you here.
February 26, 2009 - 17:10 ET by KarmaYou've got me laughing, waincroft.
I believe you are doing something about it. Anger tempered with a touch of humor can be a great weapon to fire your rounds. Prepare for the brewing storm.
Healthcare...Food...Education...Housing... - What sprouted as free for some is maturing into a free-for-all.
LOL I was thinking the same thing!
February 26, 2009 - 17:07 ET by dborschjr68Exactly how does one get their butt up their %*$? It's okay Waincroft, your sentiment was fully understood. It was nice to have a laugh today, though.
Long live the Republic! Conservatives unite!
Oh YEAH I forgot the best part!
February 26, 2009 - 16:55 ET by sherylsimsMy husband just got tee shirts that say, "I am a bitter clinger" and have a picture of a gun and a Bible... we are gonna wear those.
sheryl
February 26, 2009 - 17:11 ET by BlondeYou must get photos!
Have fun.
I hope he fails, too.
Blonde
February 26, 2009 - 17:13 ET by sherylsimsI will try to get my husband to bring the video cam. He will be happier if he has something to do besides hold up a sign. (Don't want him wandering off to sit in Starbucks till it is over)
Blonde,
February 26, 2009 - 17:18 ET by sherylsimsHere is the info on the one in Ft Meyers...
Fort Meyers Beach, FL
Feb. 27
11:30am-1:00pm: Bowditch Point Park, 50 Estero Blvd., Fort Myers Beach, FL
Contact: katraky@gmail.com
Thanks Sheryl
February 26, 2009 - 17:21 ET by BlondeI think the t-bird needs to stretch its legs a bit. I think I've been to that beach last summer, if it's the one I'm thinking of, it's beautiful.
I hope he fails, too.
Welcome aboard
February 26, 2009 - 18:49 ET by dark_dsWelcome aboard Waincroft
But if you all dump tea into the sea I hope you have an Enviornmental Impact statement filed with the EPA ......
"America is on the Short Bus to Socialism"
Slogan for my sign
February 26, 2009 - 17:57 ET by waincroftAs I mentioned, my sign is going to have my ten grandchildren's picture.
I was thing the slogan could be "You Owe Them An Apology, Obama."
Round up the RINOs
waincroft
February 26, 2009 - 18:00 ET by sherylsimsOhhh I like that. Can I borrow the idea and make a sign of my own like that?
I'm adding to my slogan
February 26, 2009 - 18:13 ET by waincroftYou Owe Them an Apology, Obama
For Robbing Them of Their Futures!
Feel free to comment and, of course, to use.
I'm not taking action for myself, it's for them!
Round up the RINOs
How about.....
February 26, 2009 - 18:06 ET by Blonde"You Owe Them A Refund".
I think I'm going to use my new tagline.
I hope he fails, too.
Even better!
February 26, 2009 - 18:09 ET by sherylsimsI have two adorable grandchildren pictures and an ultrasound picture going on my version of that sign. What a great idea!
Perfect
February 26, 2009 - 18:15 ET by BlondeI never had kids.....but as soon as I say "I do"...I'll have a grandson. (Lucky me...all the bennies of grandparenthood without the hassle!).
I hope he fails, too.
I think it will say...
February 26, 2009 - 18:10 ET by sherylsimsMy grandchildren:
You owe them an apology
(and a refund)
I am all for a good shout and yell but I don't think
February 26, 2009 - 18:16 ET by JTPI have ever seen anything come from a gathering of folks carrying signs other than a union contract being renewed or Al Sharpton getting Imus fired. Nothing will happen until ALL of us small and large business owners just STOP. Stop the making of goods, shipping of goods, the paying of employees, the paying of taxes, the buying of trucks and cars, the buying of new equipment, the buying of replacement parts for the equipment, buying cleaning and office supplies, buying lunches at the local eateries, the buying of toys we use in the little time we are not working...etc... you get the idea.
I and my brothers own 3 small businesses that will fall into this "rich" category. It is just not worth killing ourselves for what will be left over after government confiscation (taxes). The idiot(s) running this country are not in it for the money that they can spread around. They are in it for nothing more than control over people. With less intrusion from the government there is such oppurtunity out there to build and expand and HIRE people. But what incentive is there? Why should anyone want to work harder to give larger sums away and more important give up control of your life and liberty? I will not.
There are only two things that will stop what is taking place now. A complete shut down as described above. Also known as Atlas Shrugging. The other is more likely and scary and that is rebellion. I am up for either. I will NOT allow the people who have died for this country going all the way back to our founders, pioneers and military to have died in vain.
"If a thousand men were not to pay their tax-bills this year, that would
not be a violent and bloody measure, as it would be to pay them, and
enable the State to commit violence and shed innocent blood. This is,
in fact, the definition of a peaceable revolution, if any such is
possible." Henry Thoreau
JTP
February 26, 2009 - 18:27 ET by sherylsimsI don't disagree with anything you said in your post. Most people don't have the power to shut down a small (or large) business and all they can do is carry a sign and shout or yell. Maybe it will only let one of our representatives know we are not happy with their decisions, maybe it won't even do that much. But I won't sit here and talk about how *something* needs to be done and then pass up an opportunity to go hold a sign if that is all I have the opportunity to do. When we take hold of the small opportunities the larger ones will present themselves.
It is a great first step.....
February 26, 2009 - 18:43 ET by JTPAnd I will also carry one when there is an opportunity in my area. You can do more than carry a sign though. Buy the bare minimum to get by. If the 47% or so people who did not vote for these clowns stopped purchasing extras the tax revenue would drop enough that it would be impossible to ignore. The strongest voice comes from the pocket book of the payers. The economy can only be stopped when the buyers stop buying and the sellers have no one to sell to.
"I need more cowbell!" SNL
Everyone's situation is
February 26, 2009 - 18:50 ET by Clear thinkerEveryone's situation is different. People need to do what they can. What they can't afford to do is... NOTHING.
Peaceful Islam - What A Joke!
Making Fun of AGW http://giovanniworld.wordpress.com/
Way ahead of you there, JTP
February 26, 2009 - 20:05 ET by sherylsimsWe have been getting along on bare minimum for several years now. So far we haven't felt like we are missing anything. Most of that is from necessity and the wisdom of old age though.
JTP.... You are not
February 26, 2009 - 20:16 ET by bigtimerJTP....
You are not alone...not at all.
Btw...you cannot believe the calls I have heard into talk radio where they said they are going to cut down in their hours, or have to shut down their businesses for reasons you stated, etc.
Wouldn't it be nice if we could do what you suggest...in unison.
Driving from East Coast
February 26, 2009 - 22:34 ET by waincroftThat is not that bad a trip. Instead of the Alley all the way, try coming through Immokalee up, I think, Route 27. My kids live in Lighthouse Point and Coral Springs so I get over there frequently and that is the route I use. Cuts out the congestion in Naples and South Fort Myers.
My liberal bosses have set me up for an 11 am phone interview for PR. Gees! I'll try to make the tail end.
Round up the RINOs
There is a lot we can do!
February 26, 2009 - 22:59 ET by waincroftWe own what could be considered a small business. We employ about 30 people and many have been with us for a long, long time. We may actually benefit from the cap and trade crap as we sell energy management computer systems and are thinking of brokering credits. But then we will face higher taxes so we might either need to cut our costs (labor) or charge more. Again, it doesn't make sense to me. And, frankly, we are concerned for our business which we have had since 1990.
I live on a small island where the only franchises we have are a Subway and a Dairy Queen. Gees, the Dairy Queen building is vintage 1950s. But local people run them. I am very lucky to have those and other mom and pop businesses here to support.
But, yes, perhaps if purchases from big box stores were to be curtailed somewhat, that might send a message. If their profits/earnings go down...
The sad thing is that the companies that are unionized try to get the unions to cooperate and they just refuse. I think the union bosses are giving bad advice to their workers. And I hope the workers realize it. Better a job with less pay and benefits (and from what I read, they get plenty) than no job. Look at the auto industry. There is no way they can come up with a sound plan, given all the percs and wages to unions. Unions were necessary years ago but now? America can't compete in the global market with goods produced in this country by union workers. That's a sad fact. Ever been to Hong Kong and seen Apple and IBM and all the other neon signs on those highrise buildings on the skyline?
There is much we can do to voice our opposition to liberal policies, budgets, legislation but I hope we don't penalize American businesses, especially those individually owned. After all, Henry Ford started out all by himself with an idea! As did Bill Gates and Steve Jobs, Warren Buffet and so many others. We want to foster that entrepreneurialism! That is what will make our country thrive.
In closing, I heard on the ABC news tonight Charlie say, Next week we'll have a special on "As goes California goes, so goes the country." OMG! But that's it in a nutshell. Emphasis on nut.
Round up the RINOs
wait...
February 27, 2009 - 09:51 ET by candanceSo why aren't lefties on here screaming about Obama taking Medicare benefits away from little old ladies? When Republicans do it they want elderly people to starve. When Democrats do it they are being fiscally responsible.
Once again proving that without double standards they have no standards at all.
But acts of kindness and generosity must be free and voluntary; no man has a right to compel another to follow his conscience. This is a concern which lies between a man and his God.
-Richard Fuhrman, pro slave advocate, 1823
→ Logical progression
February 27, 2009 - 09:59 ET by Cool ArrowLiberals don't care that marxism produces neither excellence nor innovation.
We will not be able to pay off our newly induced debt because we are on the road to mediocrity while borrowing against a capitalist legacy.