Saturday, October 29, 2011

Our Generation Is Destroying Middle Class Producers

The Obama Socialist game is an old one. A game played time and again by Communists. Blame the rich for all problems and use the mobs (moochers) to revolt and disrupt, all the while claiming to be fighting for the middle class. Of course the "rich" doesn't include the "ruling elite". That would be people like George Soros, Algore, and cronies from companies like GE and Goldman Sachs. They readily join up with the Socialists in their quest for money, but mostly power.

The aim is to transfer absolute power to the ruling class while destroying the middle class by transferring their assets to the moochers.

Examples? Health care for one. The worst fears about Obamacare are now being realized in a decision on Monday by the Medicare Payment Advisory Commission (MPAC) established by the law to supervise $500 billion in Medicare cuts (while Dems claim they will not touch Medicare). MPAC, whose decisions have the force of law, has voted to impose drastic pay cuts on all doctors under Medicare and, by extension, under Medicaid (which tends to follow suit). Obama's ruling board is passing down edicts that Specialists will have their Medicare (Obamacare) fees cut by 50% over the next ten years. General practitioners will take a 33% cut. Why? This is one way to pay for insurance for moochers (the poor uninsured). The largest cuts (25%) will come in the first three years. Obviously at least two things will happen, both bad. First, fewer bright people will become doctors. Secondly, the specialists (like oncologists and cardiologists) will quit treating Medicare (Obamacare) patients. The rich will continue to pay for their services, right? So who will be without specialized treatment? The middle class, of course. The moochers gain at the expense of the middle class.

What else? Education is being put through the same type drill. Mooching students who qualify by meeting government regulations are getting student loans up to $200,000 in many cases. Universities are dramatically raising their tuitions and fees because of these generous government loans. Students will be given up to 20 years to make token payments, and then all is forgiven. They are only required to make minimum payments during that period meaning the taxpayer will pay for most of the loans. So the Universities get paid in full in the first 4-5 years. The taxpayer (mostly middle class) pays the bill over the same period while receiving no financial assistance and having to pay the inflated college prices for their own children. The moocher spreads token payments over 20 years and then the balance is written off by the government. How large is the problem today? One trillion dollars is outstanding, one third of the nation’s total budget this year.

Remember the good old days when a middle class family's primary objective was to work hard, save money, and put their children through college. The Socialists are doing everything possible to convert broken families to moochers.

If health care and education are not personal enough, how about housing? Most experts agree the world's financial crisis is primarily the result of what they call a "housing bubble". We are told by Obama and his "occupiers", who are street mobs, that Wall Street greed was the problem. Many in the middle class have found that their home values have collapsed to the point that they owe more the current value of their homes. Why did this happen? Moochers were given "hot deals" to buy homes that they could not afford. Low interest rates with adjustable mortgages for the "sub-prime" buyer with plenty of homes to pick from since builders were enjoying low interest rates and readily available loans as well. The government assured bankers they were behind them with guarantees from Fannie Mae and Freddie Mack (both of which went broke, were bailed out, and will never pay taxpayers back). Mobs would march on banks if they weren't responding to pressure from the government to make the loans. The banks unloaded the mortgages as best they could (who wouldn't?), and of course the bubble popped as they always do when you defy basic market principles. Obama's current solution is to spend another $35 Billion of taxpayer's money to FORCE banks (again) to refinance these bad loans to buy time and votes. Again the middle class (producers) suffer through an awful economy as moochers benefit with taxpayer funded bailouts.

If these schemes are too convoluted to follow let's take one that is a little more blatant. President Obama cheered Friday a federal judge who approved a $1.2 billion government settlement with black farmers who claim they were cheated out of loans and other assistance from the Agriculture Department over many years. Congress approved this payout one year ago. It comes on top of the initial payment of $1 billion paid to 16,000 black farmers. The second round was created to help those who missed the filing deadline on the first payment. Our leader made the following comment, "This agreement will provide overdue relief and justice to African American farmers, and bring us closer to the ideals of freedom and equality that this country was founded on." This scam comes right out of the pockets of the middle class who worked for their money and paid their taxes. All in the name of freedom and justice. Are you kidding me?

If these farmers were "cheated" who is going to be prosecuted and sent to jail? You know the answer. Not a soul because this is a scam that white, timid politically correct folks willl not challenge. Somehow taxpayers think this $2.2 Billion is not their money. They seem to think that it comes from someone else.

Who knows how many other scams will come from the Obama administration between now and 2012. Or imagine if the electorate gives him another four years after that. Here are four examples of Obama taking money from the hard working middle class taxpayer and giving it to the moocher who believes they have rights to free healthcare, free college educations, government assisted home ownership, and government handouts for being black. Every one of these programs was paid for with money that this government and nation does not have. It is a debt that our innocent children must pay.

While I truly believe the World War II vets were our best generation, I am equally convinced that the generation that followed and governs today is our WORST. I am sad to say that is my generation.

Think about it,


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