James Pethokoukis

So all of Obama’s advisors and Obama wants to raise taxes.Well why don’t we just all vote that everyone receiving a paycheck including the president and Mrs. Obama start paying the taxes that all of us have to pay and maybe they will all think twice in spending and taxing us all.That will definitely get everyone thinking.

Taxes are only one part of the equation.Considering that health care is rising at 2-3 times the rate of inflation and wages, and that wages are decreasing for many people as more corporations use globalization to their advantage, then it won’t be very long before health insurance will consume a major portion of income anyway. So those that can afford health insurance and uninsured healthcare will be paying enormous amounts while more and more people go uncovered, raising rates even more.So now tell me would you rather pay 15% in taxes and another 40% in health care costs out of your gross income or 40% or less in total as taxes for all government services including a single payer health system? Raising taxes while offsetting the other costs that are killing doesn’t seem like a bad way to go.When you compare tax rates of the US versus the UK or elsewhere, you do have to consider all the extra charges we pay as Americans for the privatized services that our government doesn’t provide.This isn’t about the bogeyman of socialised medicine. It’s about how we’re going to give all of our citizens accesses to health care as a basic right.Most people seem to like the way Medicare works, but they seem to have a real problem with that same model being applied to everyone at all ages.

And on to the “Regulation” of banks…. Didn’t the Facist Mussolini start with the auto industry and banks? I smell a big fat ElitisT among us……. God thing the Yanks are coming back to fight the war at home.

the American people are sick and tried of hearing the left and the right don’t you guys get it. I’m a 22 year old educated young African-American and our economy has been through in a lack of finding better words to phrase through hell and you guys want to talk about who is wrong and who is right. I want our economy to be better and you know what Obama is doing a helluva of a job with what the pervoius president Bush missed up upon.Think about that one you inconsiderate know at all’s.

To the fools who think the top 5% of Americans that earn over $250,000 “the richies” believe that we need to pay more than the rest of you – I ask you to ponder this – The top 5% of American earners pay for 88% of all taxes collected (us treasury web site). Top 5% covering 88% of all taxes collected and you want more, hom much more should they pay… Will you liberal/socialists be happy when the top 5% pay 100%.You should be ashamed to be so lazy and pass so much of the Obama “Change Burden” onto a select few

How about lets just take our hard-earned money, take what we need to survive (ramen noodles are good, and we need little more than a cardboard box for shelter), then give the rest of it to government bureaucrats so that they can recycle it back to us (after going through 10 different levels of people, all getting GS-13 or higher paychecks) to pay for our food and shelter!Or, we could be rational human beings (are there any of those left in this country?) and revert back to the “Protestant” Work Ethic that worked so well for our fore-fathers and actually work rather than wait for government handouts.I’m not in the top tier of payment (I’m barely on the bottom tier, full-time summer job, in college where I have hefty student loans), but I don’t think that it is quite fair to take money from the people who worked for it (or are famous, take your pick), and make them have to live at a standard less than their income just because the people in government are jealous of their success in the private sector… Get a life, politicians, and just let people get on with their lives without worrying about how they are going to pay their bills even with a Master’s degree or higher…And about those in the higher brackets: there is a debt to society, but its not to the government… Charities are much more efficient and actually accomplish more.

Reagan cut taxes hoping that govt spending would be cut (“starve the beast”). It didn’t work, as Congress embraced deficit spending to deliver high levels of services at low tax rates.Obama has ratcheted spending from 21% of GDP to 28% of GDP. While this may be defensible if it were a short term boost to recap the banks and invest in infrastructure, much of it is permanant spending designed to grow over time.Plus, we get higher spending as the Boomers retire on entitlements.All of this is leading to higher taxes – 70% marginal rates, higher caps on payroll taxes (real job killers), a VAT tax, much higher investment taxes, etc.I don’t really recall this debate in the 2008 election. It is being done with misdirection and stealth.

Wow what a whiny Right-Wing pile of drivel. It seems that all Republicans can do these days is whine. So useless.

Obamacrat? Obamacare? I’m supposed to take you seriously now?Reuters must be scrapping the barrel for bloggers. A higher marginal tax rate is disincentive to work? lol What garbage! So, if I’m making $250,000 /yr, its simply not worth it to try to earn that $250,001st dollar because I keep less of it after taxes than the previous 250k? Nonsense. This is such a tired OLD argument.Of course, most people with that income aren’t exactly waiters trying to turn tables faster (iotw- work harder)… nor would you want them to be (i.e. Doctor’s, Lawyers, CEOs). Do you think Joe CEO making 2 mil a year seriously thinks – “man, I’m just gonna slack off now, half of every new dollar I earn at this point goes to the government.” lol Riiiigght.It always makes me laugh to read these comments from all the Joe Average’s out there that think taxes on the wealthy hurt them. The Bush Tax cuts were a boon to the wealthy and we had 8 years marked by increased economic inequality, increased concentration of wealth, and stagnant middle class wages. Keep on drinkin’ the cool aid that those tax cuts worked for you. lol

The rich pay less taxes now than when Reagan was president. The argument that less taxes will improve the economy runs out of steam when no one pays any taxes. There is a limit. The rich should pay their share after all they have 90% of the wealth of this country in their pocket. Class warfare is about to start. Watch out. Everyone knows where the rich people live, and their entire families too. The wealth will be redistributed one way or another. Distribution by taxes is the peaceful way. There are other ways.

raise taxes on the “rich” and make healthcare more expensive for employers through mandates and surcharges and the “rich” and employers (often one and the same) will pass those costs on to the “middle class” and “poor” through increased prices, decreased production (i.e., less inventory – in other words, shortages) and job cuts. So, when you’re making $50,000 a year and your boss’ expenses just went up 12% and you either lose your job or have your wages frozen, good luck trying to make ends meet when all the goods and services you need have also increased in price.Furthermore, after O’s great healthcare fix, how many doctors will there be in 10 years? Why be a doctor? Why drop $200,000 in education expenses? Why be exposed to massive potential liability through lawsuits? If your reward is now reduced (as it would certainly be since the govt will cap costs) but your risk is still high, why would anyone with enough brains to be a doctor actually do it? If, after taxes, that doctor is no better off than your average middle class worker, why deal with all the bull? Clock in, clock out, go home. Let someone else deal with the headache. And that, in a nutshell, is what happens to all careers and all fields under socialism, which is why it only has a two to three generation shelf life. But, hey, don’t take my word for it. Wait a few years.

Lib MBA,You are just proof that you can go to school for a very long time and not learn anything-just like our naive President. You should ask for your money back.Nobel prizes go to anti-American left wing nuts like Paul Krugman, Jimmy Carter and Yassar Arafat.Art Laffer doesn’t even take credit for the curve. He was just illustrating a basic economic truth. But let’s prove it: we’ll just take 100% of YOUR income. You’re not even sharp enough to differentiate between taxes and tax RATES.

P.S. I forgot to add in my last post, why doesn’t Obama tax Hank Paulsen, Goldman Sachs, and the rest of the scum on Wall Street who make hundreds of billions of dollars shuffling paper around and gambling with Americans money.(OPM) No, he won’t do that.

.You need to take the reward off of how much you own, and how much money you have. Take pride that you have a chance to participate in better living for all of man kind, not just yourself and those dearest to you.The hardest of the working citizens in this country don’t have a higher education, and they are responsible for feeding you, and keeping your habitat livable. Show some gratitude.

HELP STOP ILLEGAL IMMIGRATION…….MAKE YOUR VOICE HEARD:http://www.numbersusa.com/content/ learn/about/what-numbersusa-is-all-about .html

Your article had made me to think twice or thrice to make comments.Now, everybody,especially from educated class,economists,social thinkers and those who interests on day today happenings in the world have to accept probable taxes on middle class Americans.If any social economy to grow,all these form of taxes are painful necessities and to be accepted for nation upswing

Herr Obama is an IDIOT!

Some of the biggest proponents of the health care reform are people who have been in congress for over 25 years and think they that know better than the rest of us. If your congressman has been in office that long you can’t tell me somebody better hasn’t come along to replace him with? People like Rangle, Waxman, Frank need to go and get some fresh blood into Congress. Until that happens, nothing is going to change (same for the Republicans).

Bryan from NYC said selfish WHITE liberals……Uhmm yea was that a race commit thrown out????? You need to recheck yourself before you start throwing race into this matter our president is black… I was reading the commits and many had great points but when I got to Bryan’s I just had to ask…… Take care all…

I am so glad to see that America is changing. It’s been smothered for far too long by the few power hungry trolls that have been in control for the last 200 years.Change!

This article is all speculation. Nice job scaring people James! Taxes on the middle class NO, Taxes on the rich YES. Obam has no reason to tax the middle class and every reason to tax the wealthy. Taxing the wealthy is much more likely!

More scary tactics of special interest slaves… what a nerd..

Hopefully the children of the posters on this board will get it because clearly very few of you do.Democrat=RepublicanRepublican=Democra tIf ANYONE on this comment board wants to debate with me on the subject I’d be happy to, for every one difference you provide I’ll provide you with ten similarities.

Since Canada has been criticized a few times here, let’s just ask why they are ahead in EVERY health indicator while spending much less per person when compared to the US? It’s not without its faults but contrary to the right-wing propaganda Canadians as a whole are very happy with their socialized health care system. As for taxes, I’m as against bloated gov’t bureaucracy and productivity disincentives as the next guy, but there must be some kind of “big picture” balance here. If you think that the growing income inequality isn’t a problem I suggest you are sorely mistaken.

Materialist Analysis of the Obama RegimePART 1: Abolishing Social Security and “Healthcare Overhaul”Obama is Nothing But a Right-Wing Black Being Provided ContantLEFT-COVER by Republicans and a Huge Capitalist Media Pump asObama Begins to Lose Credibility Among his Constituencies!How and Why the Demagogue OBama Was Elected President! SinceWatergate the Outcomes of All Presidential Elections have beenRigged in Advance By Agreement between the Candidates!The capitalist dictatorship of millionaires and billionaires required a Democrat to win the presidency in 2008 because it could not achieve its reactionary objectives with Bush and the Republicans who had very little credibility because of those very reactionary objectives. Obama was elected in order to ram down our throats the Fascist policies which Bush could not implement because Bush was opposed by all Democratic Party constituencies which form the bulk of the U.S. population and was the most hated and despised president in all U.S. history, followed closely by Ronald Reagan. The capitalist dictatorship calculates that because Obama campaigned as supposedly being “opposed to Bush” and that because he was able to get “elected” using such insultingly deceptive nebulous slogans such as “Change We Can Believe In” and “Yes We Can” and believe that Obama’s supporters are so stupid and so ignorant that they will not mind or not notice that his policies once in office are worse than those of George Bush! Obama’s policies are in fact far to the right of Bush and leave Bush in the dust! Since taking office Obama has reversed virtually all of his “anti-Bush” campaign promises with the exception of a few minor conciliatory gestures to his Democratic constituencies. Obama’s role is to string people along while carrying out policies which are a continuation of the “Bush” policies, which simply represent the one-way dynamic of capitalism. See below.Obama has continued all of the Bush Wars in Iraq, Afghanistan and Pakistan, and has continued the U.S./NATO military exercises right on the border of Georgia and the build-up of the Georgian military in preparation for further provocations and yet another possible invasion of South Ossetia/Russia. In addition, Obama is conditioning the U.S. masses to accept the planned bombing of Iran by the U.S. Proxy, so-called “Israel,” despite the combined National Intelligence Estimate (NIE) that Iran had ended its nuclear weapons program in 2003 and the fact that Iran has NOT enriched ANY of its uranium to bomb-grade level and the report that Iran had even ended its enrichment program entirely in May 2009! (Associated Press, August 25, 2009) The Iran “nuclear threat” is another false Bush-type “Weapons of Mass Destruction” pretext which will be used this time to bomb Iran! The most recent fabrication of “computer file evidence” against Iran is being used to try to pressure the International Atomic Energy Agency (IAEA) just exactly like Bush did to pressure Mohamed ElBaradei to support the “Weapons of Mass Destruction” Big Lie against Iraq! (New York Times, August 26, 2009) ElBaradei refused to go along with Bush and so far does not support this most recent Bush/Obama rubbish. Obama, usually hides behind a solid wall of denial and has continued and even accelerated virtually all the Bush programs and policies, many of which were rejected outright when first proposed by Bush including the elimination of the FUNCTION of Social Security! See below.Note: Part II will include thorough analysis of the Economic Crisis, the U.S. Swine Flu Biological Warfare Program, the Final Stage of Capitalism: Permanent War and State Terrorism, the fraudulent so-called Mideast Peace Process, U.S./Russian relations, the Bush/Obama Wars and the continued use of torture by Obama despite all denials. Part II will also include more material on Provocations and the escalating attack on all social programs and public education at the elementary school and college levelFrom the advent of imperialism, which correlates approximately from the beginning of the twentieth century every U.S. presidential administration has been to the right of the one which preceded it, whether it has been Democratic or Republican. This is due to the one-way dynamic of capitalism-imperialism which leads inexorably to Fascism, barbarism and the end of civilization The only exceptions were the administrations of Franklin Delano Roosevelt, who designed the New Deal and the two New Dealers who followed him: Harry Truman and Dwight Eisenhower. The New Deal came about only under the pressure of a million-strong Communist movement in the United States, which later disintegrated primarily because of the false and sabotaging leadership of Joseph Stalin, who was not actually a Communist, (See below) and because the U.S. government either crushed or took over the leadership of all “left” groups in the United States. Today The New Deal has been almost entirely demolished by the hardening capitalist dictatorship. Obama was elected in order to finish that demolition by first targeting Social Security where within 100 days of taking office he immediately and permanently abolished the yearly Social Security Cost-Of-Living Allowance, while simultaneously giving away 4.7 $trillion in Bank Bailouts (Associated Press, July 20, 2009), the real purpose of which was actually to DIVERT money away from social spending, thus beginning the process of terminating the primary function of Social Security: to keep older people alive! (See below.)The WorldviewToday we live in a world of nation states. All nation states are dictatorships of one class over another class, either the capitalist class over the working class or vice versa. (These are the only historically destined classes.) There is no “democracy” at the present time, not even for the capitalists themselves. Capitalism has a dynamic or development sequence of its own which at this point is almost entirely ONE-WAY. This one-way dynamic, or dialectic is largely independent of the wills of the capitalists and politicians and leads to a constantly hardening capitalist dictatorship finally to Fascism, barbarism and the end of civilization. Now, due to the beginning of the Runaway Greenhouse Effect, that means the end of all life on Earth! (See Materialist Analysis of Biofuels and the Runaway Greenhouse Effect on the Internet) Within the framework of the class dictatorship there can either be a hard or a soft dictatorship. The hard dictatorship of capitalism is known as Fascism, which has several historical variants. Today the United States is a military, bureaucratic police state, a form of capitalist dictatorship known as Rule by Decree (a form of Bonapartism), which is hardening and growing more naked by the day! Rule by Decree is a step short of Fascism. Actual Fascism requires the full and organized support of the petit-bourgeoisie (the middle class), the organization of armed gangs with specifically targeted scapegoats. The U.S. leaders are Fascists, including Obama, because they continually work to support the constantly hardening capitalist dictatorship. Capitalism is fundamentally based on war, mass murder and crime to steal new resources and new markets in order to increase private profits and today is in its Final Stage of Permanent War and State Terrorism. Politicians like Obama, and all capitalist politicians, rise to the top based on the extent which they express and further the one-way dynamic of capitalism. Communism is a stateless society, which has never been practiced and can never be practiced until capitalism is abolished worldwide beginning with a Socialist Revolution in its center—the United States.The steps required to carry out a Socialist Revolution in the United States are briefly outlined at the end of this Part I Analysis. Remember that the United States is NOT our country! It is the country of the capitalist dictatorship of billionaires and millionaires. WE JUST LIVE HERE! That means we must give no support to the U.S. military except in the case of MUTINY, when we give full support. See below. We are having class warfare waged against us as the U.S. capitalist dictatorship escalates its economic, biological and propaganda warfare against its own population and the entire world. The Working Class is NOT presently organized to fight back. Only a Socialist Revolution in the United States will make this OUR country!Given the choice, 95% of New Yorkers and the overwhelming majority of Americans agree that we need a new system based on human need not private profit. That system is Socialism and requires a Socialist Revolution in the United States, because capitalism cannot be turned into Socialism through “elections” or achieved through “election reform” such as “paper trails,” etc. or any other type of reform of capitalism. History proves this beyond a shadow of a doubt. Elections and “election reform” under capitalism is simply a ruse designed to permit the capitalist ownership and structure of the state to remain intact and ensure a continuation of the hardening capitalist dictatorship. “Democracy” under capitalism is simply a euphemism for capitalist dictatorship and enslavement. That is why the capitalist class must be expropriated of all of its wealth, all of which has been stolen from the Working Class through various forms of exploitation, super-exploitation and other crime. This is known as the expropriation of the expropriators and is possible only through a Socialist Revolution. The Socialist Revolution will extend globally almost simultaneously once it begins in the United States.The Socialist Revolution on the other hand does NOT involve a coup d’etat but relies primarily on patient explanation and the avoidance of provocations. Patient explanation and winning over the masses to support a new economic-political-social system involves a genuine grass roots organization. The 1917 October Russian Revolution did not take place until the Bolsheviks, the smallest political party after the February Revolution, had grown to win the support of 70% of Working Class and 30% of the peasantry, which included the all-important army which was already in MUTINY. Provocations on the other hand are invariably orchestrated and led by the capitalists themselves to both discredit the Working Class and lead it to take steps prematurely before there is the overwhelming popular support which is required to take state power. Patient explanation is necessary in order to achieve the popular support and organization necessary to end the dictatorship of billionaires and millionaires and establish a new system where everyone can actually live like a millionaire. There is more than sufficient wealth in the United States to achieve this! Remember that all of the capitalists’ wealth was originally expropriated and stolen from the labor of the Working Class—through expropriation of Surplus Value. Only after class society is abolished through a Socialist Revolution can there be free speech and genuine democracy for the Working Class and everyone else. This analysis is intended as an aid to help progressive people consciously deprogram themselves from the capitalist brainwash which targets the masses every day from every direction and to provide a basis to help organize the Socialist Revolution in the United States. Socialism will abolish the basis of all wars and set the stage for solving the entire complex of problems created by capitalism-imperialism. In the final analysis all wars are won and lost on morale and every movement begins with the call. This analysis is part of that call.THE CAPITALISTS ARE WAGING ECONOMIC WAR AGAINST US!The Obama Regime Has Already Begun to Abolish the FUNCTION ofSocial Security as a Means to Reduce the Population of Senior Citizens!On April 22, 2009 Obama Eliminated the Social Security Cost ofLiving Adjustment (COLA), while Simultaneously Giving $4.7 TrillionTo the Banks! The False Report that Social Security Will SoonBe Totally Insolvent by 2016 and Completely Depleted by 2037Indicates that the COLA Elimination Will Be Permanent!In his very first speech to a joint session of Congress on February 24, 2009 Obama demonstrated that his objectives coincided precisely with those of George Bush when he threatened to implement the George Bush “tax-free universal savings accounts for all Americans.” “Private accounts” had been widely recognized and rejected under Bush as simply a clumsy scheme to end Social Security by diverting money away from Social Security into the totally erratic stock market, where the capitalist dictatorship assumes hopefully that most of it would be lost thus bringing Senior Citizens to crushing poverty and an earlier death and thus help to reduce the “population demographic.” Obama’s first step was to begin the elimination of the FUNCTION of Social Security.On April 22, 2009 the Obama Regime eliminated the Social Security Adjustment COLA for 2010 and 2011, while simultaneously giving $4.7 trillion (!) to the banks, brokerages, insurance companies, hedge funds, groups, private equity groups and car companies. The tiny “$250 stimulus checks” sent out to Social Security recipients were strictly a one-time event used to BUY THE SILENCE of Social Security recipients in response to the Obama Regime’s elimination of the Social Security Cost of Living Allowance, which will be permanent, and in order to keep Senior Citizens CONFUSED while he takes further steps to abolish the function of Social Security and wage economic war on the masses from every conceivable angle while falsely claiming that HE has “pulled the economy back from the brink,” which he most certainly has NOT! The economy is NOT “back from the brink.” Over 30 million Americans are actually now unemployed if all categories are included. And the stock market has experienced a bear market rally through stock market manipulation achieved through 1.) new high-frequency trading programs used by the large investment banks, hedge funds, private equity groups and insurance companies and 2.) a Big Lie propaganda campaign falsely claiming that the economy is “recovering,” which it is NOT! (See below and Part II, which will be posted next.) In addition to this immediate direct reduction of Social Security Benefits the capitalist dictatorship’s so-called “Social Security Overhaul,” which is scheduled to be implemented following the so-called “Healthcare Overhaul,” will undoubtedly also include a switcheroo from wage-based indexing which is used to calculate the original Social Security Benefit amount, to price-based aka inflation-based indexing, which will also help to abolish the FUNCTION of Social Security. (See further below for an easy solution proposed by Representative Robert Wexler (D) of Florida to make Social Security solvent forever.) The capitalists still intend to retain Social Security for appearances but to use it NOT for its original purpose to keep older people alive, but primarily to maintain it as a slush fund to pay for various U.S. wars as it is already! Meanwhile as mentioned the progressive tax structure in the United States, which would eliminate ALL the financial problems associated with the funding of social programs has been permanently abolished. See below.The ONLY REASON that the Economic Crisis does not assume the form of the Great Depression is because of reforms instituted under the New Deal such as Unemployment Insurance, Social Security and the FDIC. The Obama Regime’s so-called Public-Private Investment Program, part of the Troubled Asset Relief Program (TARP) money supposedly to be used to buy toxic assets in the toxic derivative market which includes securitized subprime mortgages and collateralized debt obligations (see below), is to be backed by the $700 billion bank bailout fund, the Federal Reserve and the Federal Deposit Insurance Corp! The FDIC!!! Whaaaat? The FDIC is what backs the individual accounts of private in banks to $100,000, now supposedly $250,000. But government claims of insuring individual accounts by the FDIC are all fiction in the first place. But so far the banks have not wanted to sell their toxic assets. See below. If there were actual bank runs as in the 1930s Great Depression there would be no money at all for most Americans! (See below.) There would be a total collapse of the U.S. standard of living and poverty greater than in the Great Depression! Buying back toxic assets by the U.S. government is yet one more PHONY PRETEXT to divert money from social spending and demolish what remains of the New Deal.This analysis was confirmed on August 11, 2009 when it was reported in the New York Times: ”The nation’s banks continue to hold on their books billions of dollars in assets about whose proper valuation there is a dispute (?) and that are very difficult to sell. As a result, many banks could find themselves short of capital if the economy suffered another downturn and their losses on troubled loans soared. Based on the results of the so-called stress tests in April 2009 the report stated that 18 of the 19 biggest bank holding companies would probably have enough capital even if economic and financial conditions deteriorated more than they have already. The report warned that thousands of small and medium-size banks, which it defined as those with assets of $600 million to $100 billion, might find themselves short a total of $21 billion if the conditions matched its worst-case assumptions. (Parenthesis and emphasis added.)The Explanation of the Big Lie Technique:While following the moves of the Obama Regime and the media it is important to understand the Big Lie Technique. There are 2 parts to the Big Lie: 1.) The first part of the Big Lie is that the lie must be BIG, because most people only tell little lies and are entirely unprepared for a Big Lie. 2.) The second part of the Big Lie Technique is to repeat the lie over and over again from every media source even including textbooks and movies until it is accepted as truth or accepted at least as partly true, when it is most invariably entirely false. In addition, lies may be lies of commission or lies of omission. They are equally unacceptable. The media is a privatized arm of the U.S. “intelligence agency,” a vast army of legions of professional liars working in service to the capitalist dictatorship. The U.S. media is very similar to Blackwater, Dyncorp, Custer Battles and Triple Canopy, etc. the armed military contractors in Iraq, except that the media has always been privatized.The OBAMA BANK BAILOUTS were thus both 1.) unnecessary and 2.) unwanted by the banks and have had NO part in any falsely claimed “green shoots/economic recovery” which has NOT occurred despite the capitalist dictatorship’s Big Lie propaganda campaign to the contrary! The reasons that the banks said that the so-called Troubled Asset Relief Program (TARP) money was unnecessary is that the banks simply wrote off the TOXIC ASSETS off their books by scrapping mark-to-market accounting thus making the toxic assets supposedly NONTOXIC. (!?) For real!! The banks have even steadfastly refused to sell their toxic assets to the U.S. Treasury Department insisting that the prices offered were too low and that they would take “the long view” and wait. The bank bailouts were also unwanted because those banks which accepted TARP money had to agree to conform to any new financial regulations or laws. Demonstrating once more that he is simply the corrupt puppet of the banks and the capitalist dictatorship of billionaires and millionaires, Obama announced that he had allowed the 10 largest banks to escape future reforms and regulations simply by repaying only $68.3 billion, which represents only a quarter of the $239.4 billion Bank Bailout money they have received (!), and thereby exit the Troubled Asset Relief Program (TARP)!In addition, instead of DELAYING GOVERNMENT ACCEPTANCE of these piddling repayments until the supposedly “broad regulatory reform proposals were announced in another week” or however long it might have taken to be passed by Congress, Obama accepted the money early in order that those 10 largest banks would NOT have to submit to any serious banking regulation or oversight or salary caps! (New York Times, June10-11, 2009). Those banks have been allowed to keep the remainder of the $239.4 billion, TARP money which is simply stolen, primarily from the working class, money which has been brazenly and deliberately diverted away from social programs such as Social Security, Medicare, Medicaid, the new “Healthcare Overhaul” and public education thus serving the same economic/political purpose as Supply-Side economics. And it should be noted that $4.7 trillion have been turned over to the banks NOT $merely $billions! See below. As an indication that the large banks are fully in the loop and understand that the U.S. economy is to be deliberately permitted to contract in accordance with Globalism and in order to reduce a “redundant work force” and reduce the overall population, the banks are NOT EVEN LENDING TO SMALL BUSINESS or individuals using either the bank bailouts OR Obama “stimulus” money ($255 million) expressly directed to the Small Business Administration! (New York Times, August 13, 2009) The masses, who have no representation under capitalism, and who have been inoculated against Socialism—the only solution to the entire complex of problems which have been created by capitalism—are expected to simply nod their heads “OK” in passive brainwashed acceptance.The enemy of my enemy is my friend and the friend of my enemy is my enemy. This is inductive reasoning, the reasoning of science. We should not forget that our greatest enemy is the capitalist dictatorship of millionaires and billionaires. The Town Hall protests against the Obama Healthcare Overhaul have been taken over by the Republicans and other assorted Fascists with heavy media focus on shills, plants who carry signs and scream that they oppose “Obama socialism,” “communist-fascism” and “government take-over of medicine,” slogans designed to keep the masses confused (Because a confused person cannot act!), while actually supporting Obama Care which completely turns over all medical care to the insurance companies and HMOs! Obama Care has nothing to do with Socialized Medicine and is indeed an example of medical Fascism not Socialism. The bulk of those attending the town hall meetings are actually opposed to the private insurance/HMOs and would support the so-called Single-Payer Health Plan, which is socialized medicine. But so far unfortunately the present correlation of class forces, where the capitalist dictatorship is still much stronger than the unorganized forces of the Working Class and its allies, permits the U.S. masses to be easily misled and manipulated against their own best interests.The Real Purpose of the So-called “Obama Healthcare Overhaul” is toAbolish Medicare and Medicaid by Cutting $400-$500 Billion of “Savings” fromThose Government Programs to “Help Pay” for the $1.6 Trillion “Obama PlanWhile Turning Over All Healthcare to the Insurance Companies and HMOsUnder the False Slogan of “Healthcare for All”!The Capitalist Dictatorship intends to Escalate Economic Warfare AgainstThe Working Class and the Poor! The Objective is to Reduce the PopulationBy Denying and Rationing Healthcare in Order to Bring People to an EarlierDeath! Any “Public Option” Will be Designed to Profit from HumanIllness and Disease Just Like the Private Insurance/HMO Parasites!Re-introduction of a Progressive Tax Structure Would Easily Pay Entirely forSingle-Payer Government Run Health Care and Pay for Social Security ForeverBut the One-Way Dynamic of Capitalism Prevents This! Socialism is the Answer!The real purpose of the Obama “Overhaul” is to turn over all healthcare to the insurance companies and HMOs while ending the government programs of Medicare and Medicaid by cutting $400 billion to $500 billion in “savings” from those programs, which the capitalist dictatorship will eventually simply abolish and fold into “Obama Care” in order to eliminate the complaints that “Medicare and Medicaid are not working.” That way there will be no Medicare and Medicaid in practice and no more complaints! Hey, what’s not to like? The reality is that the so-called “savings” which will be due to the Obama Regime’s cuts from Medicare and Medicaid will actually cause these complaints! Demonstrating once again Obama is not afraid to lie right to the face of his victims Obama stated at a town-hall type meeting organized by the treacherous AARP Obama claimed: “Nobody is talking about cutting Medicare benefits.” (New York Times, July 29, 2009)) Cutting Medicare Benefits is EXACTLY what the Obama Regime intends to do! Obama has frequently promised to “rein in spending on retirement programs such as Social Security and Medicare.” (New York Times, January 8, 2009). In another Big Lie the Obama Regime announced: “it would not try to cut the short-term deficits until the economy recovers enough that businesses and consumers resume their spending and investment.” (New York Times, August 26, 2009) But the economy will NOT recover and CAN not recover unless the government institutes huge Federal Jobs Programs equivalent to 37% of GDP, which is the only possible way to sufficiently stimulate DEMAND, the engine of the economy, and permit the economy to recover. Instead the plan by the capitalist dictatorship of millionaires and billionaires is to deliberately allow the economy to contract according to the dynamic of Globalism! See below. The Obama Regime obviously intends simply at some point to declare that “the Great Recession” (the word Depression is never used) is over and that will be the signal to “cut short-term deficits.” On July 31, 2009 the government reported that the GDP was negative for the 4th successive quarter! Officially it takes 6 negative quarters of GDP growth to define a depression. But the capitalists will falsify numbers as they already do in order to never permit that truth to appear. The truth is that without large-scale Federal jobs programs the equivalent of New Deal/WWII spending to the level of 37% of GDP there will be NO recovery! Period! The economy will simply continue to contract. See further below.Meanwhile the false “Grandma Death Panels” issue is a deliberately designed but easily discredited distraction used to divert focus away from this central objective of eliminating Medicare and Medicaid in practice as part of the “Healthcare Overhaul” and turning everything over to the insurance companies and HMOs. And the reason that Obama has delayed naming a new head for the Centers for Medicare and Medicaid Services is because the Obama Regime does NOT want ANY focus on Medicare and Medicaid or anyone speaking in support of those government programs, which Obama has now scheduled for huge cuts and eventual elimination. In fact the reason that Obama had filled only 43% of his top policy making positions by September 2009 (New York Times, August 24, 2009), which he could easily get confirmed by his Democratically controlled Congress, is that the Obama Regime wants to appear weak and unable to function and this would not be possible if those policy positions were filled and those new Democratic Party policy chiefs were out there speaking forcefully and building support for a genuine “the Public Option,” for example!In other words not everyone can be brought into confidence on the reversal of all the anti-Bush campaign promises. It should also be noted that whenever possible Obama tries to appoint Republicans rather than Democrats to key policy-making positions thus further undermining the voters’ will! During his campaign Obama promised that “everything is on the table” in reforming health care. As soon as he was elected Obama stated that “The Single-Payer Health Plan,” where the government, rather than the insurance companies/HMOs, directly pay the healthcare providers was “OFF THE TABLE.” Social Security, Medicare and the Veterans’ Administration are the most popular government programs, where the government makes NO actual medical decisions, and could EASILY be paid for by re-instituting a Progressive Tax Structure in the United States! See below. Obama is for all intents and purposes nothing but a (technically) Black Bush! “Technically Black” is a description used by the Black Panther Party to describe someone like Obama. Obama is “Black” like Kindasleezy Rice is “Black” or like Colin Powell is “Black” or like Clarence Thomas is “Black” or like “Black” news anchors and commentators are “Black.” That’s not Black! Black is Malcom X, Martin Luther King Junior, preferably after he finally took a position against the Vietnam War in April 1967, and of course the Black Panther Party and especially its leaders, Mark Clark and Fred Hampton. Fred Hampton said that the answer to white capitalism was NOT Black capitalism. The answer is Socialism!Obama Immediately Abandoned His Support for the Single-Payer HealthPlan which He only Used to Con Support from Democratic ConstituenciesIn Order to Get Elected and then Turn Everything over to the HMOs!Those Who Already have Coverage are “Not Eligible” for any Public Plan!Obama quickly reversed his position and opposed outright support for Single-Payer because it is a fact that a government plan PAID FOR ENTIRELY BY THE GOVERNMENT would indeed compete with and COMPLETELY REPLACE the insurance companies and HMOs and REDUCE the cost of healthcare! Obama and the Democrats’ previous support for Single-Payer Socialized Medicine, which was supported by the overwhelming majority of the U.S. population, was done ONLY in order to SUCK PEOPLE IN and then twice employed the BAIT AND SWITCH, first by offering the Public Option to compete with the insurance companies. Then when it became clear that even the conservative so-called “Blue Dog” Democrats would not support ANY healthcare legislation which included the Public Option, the Obama Regime announced that the final so-called “Healthcare Overhaul” legislation will turn over healthcare lock stock and barrel to the insurance companies and HMOs and that a Public Plan was “NOT essential!” Pressure from the masses and some liberal Democratic Party leaders may force some sort of a “Public Plan,” but those who already have healthcare coverage are NOT eligible for the Public Plan, and despite Obama’s talk of “healthcare exchanges” switching from one insurance company to another would NOT be permitted and has no support in Congress and is strongly opposed by Labor Unions, employers, hospitals and drug companies. (New York Times, 26, 2009) The scenario is to pass such an onerous “Healthcare Overhaul” bill and let Obama take the blame early in his administration and use the media to try to deflect that blame from Obama and the capitalist dictatorship.But there is no reason whatsoever why healthcare should be permitted to exist as a BUSINESS in the first place where insurance companies “compete” for PROFITS at the people’s expense while parasitizing off human illness and disease! Free healthcare should be a right and it is in a Socialist system in fully consolidated Workers’ States! Even in some capitalist systems! Although the insurance companies use the term “private” to try to make its largely Working Class victims think they are receiving “exclusive” or “special” healthcare coverage, the truth is that “special” is one more 1984 Orwellian Newspeak/Big Lie deception. “Private” insurance actually means big time PRIVATE PROFITS for the insurance companies and HMO billionaires! “Private” insurance means NO CHOICE for the its “customers”/victims because insurance companies make their HUGE PROFITS primarily by limiting medical care and by denying and rejecting every conceivable treatment, test and surgery sometimes even for emergencies! In order to cover up this fact Obama promises that the insurance companies will not be allowed to deny coverage based on previous medical history or a pre-existing condition. That’s all! BUT HEALTHCARE RATIONING WILL SUBSTANTIALLY INCREASE UNDER THE OBAMA HEALTHCARE OVERHAUL! Healthcare rationing will increase under ANY version of Obama Care! And in many cases, despite Obama’s false denials, and promises of “subsidies” people living on the edge will either be forced to buy healthcare insurance which they can not afford or be fined! See below.Obama Cut a Secret George Bush-Type Deal With the Pharmaceutical IndustryThat Prevents the U.S. Government from Negotiating for Lower Drug PricesObama made a dirty deal with the pharmaceutical industry (PhRMA) first revealed on June 20, 2009 the exact same sort of deal made by George Bush where in exchange for Obama’s promise 1.) not to permit the new Obama Healthcare Overhaul System to negotiate lower prices for prescription drugs and 2.) not to permit additional rebates from drug manufacturers, the drug companies agreed to contribute $80 billion in “savings” over 10 years. The $80 billion in “savings” from the drug companies is NOTHING compared to the annual $300 billion profits of the drug companies which total $2.4 trillion over the same 10 years! And that is why the drug companies are running a $150 million ad campaign pushing Obama Care! The $80 billion would apply ONLY to those Medicare patients with Bush Medicare Part D who fall into a gap in their drug coverage known as the “doughnut hole” and only applies for brand name drugs thus ruling out use of the much cheaper generic drugs. The “doughnut hole” is the area that falls between the less than $2,700 and the more than $5,100 Medicare will pay for seniors’ prescription drugs. Anything in between, seniors are supposed to pay themselves but in practice many seniors are simply forced to stop taking their medications. They die quicker! Some Democrats such as Henry Waxman are now going through the motions of trying to recover a comparatively tiny amount in rebates from the drug companies of the $billions paid since 2003 for name brand drugs rather than generic equivalents. (New York Times, August 26, 2009) As explained in a 2003 New York Times Op-Ed, the PURPOSE of the 2003 Bush’s Medicare Part D prescription drug plan, which cost $678 billion over 10 years and prevented the federal government from negotiating lower prices from drug companies, and was to help put Medicare on the road to bankruptcy, saving the final coup de grace for the next Democratic president. And here comes Obama to finish the job with Medicare “savings!” Note that the Medicare Trust fund will indeed be “exhausted” by 2017 right on schedule according to a Trustees report! (Healthcare Finance News, May 19, 2009) But there is a way to get rid of the insurance companies/HMOs and brand name drugs and pay for everything easily. Simply re-institute a Progressive Tax Structure in the United States. See below! But capitalism cannot be genuinely reformed or turned back into New Deal liberalism because of the one-way dynamic of capitalism. That is why we need a Socialist Revolution in the Unite States.A “Public Plan” Will Also Offer NO Choice Whatsoever becauseIt Will ALSO Be Based Primarily On Profits NOT Patient Health!Obama and the U.S. Congress are ALL merely puppets of the insurance companies and HMO’s and it is therefore now obvious that the Obama Regime intends to use “HEALTHCARE OVERHAUL” as the pretext to END the government plans known as Medicare and Medicaid in practice by simply cutting their funding to help pay for “Obama Care.” The controversy over the “Public Plan” is being used as a diversion from this reality which leaves the private health insurance business completely intact and increases their business astronomically! Because of the fact that a genuine Public Plan would indeed replace all private insurance plans because it would NOT be based on profit, “Chucky Boy” Schumer came up with a trick to deceive the masses for whom he has only total contempt. “Chucky Boy” Schumer wrote a “compromise public healthcare plan which would abide by the same rules and regulations as private plans” designed to start off with start-up government funding and initially to be 20% to 30% cheaper than the “private plans” but then eventually to change to be PROFITABLE AND EXPLOITIVE JUST LIKE THE PRIVATE PLANS. That ignores the question that if the public plan and the private plans would really abide by the exact same rules, what is the point of a public plan in the first place? Would the U.S. population agree to be so deceived? Even such an amended Schumer plan where the “Public Plan” would be temporarily only slightly less profitable and therefore only slightly cheaper (20% to 30%) than the private HMOs was rejected by the Republicans and rightwing Democrats, who simultaneously 1.) provide Obama with LEFT COVER with his own constituencies by hilariously labeling him a “socialist” and 2.) move the entire political process to the right! Alternative “nonprofit consumer-owned cooperatives” have even been offered as an alternative to a public plan. But healthcare cooperatives are a sham and are also run by the insurance companies! It should be noted that “Chucky Boy” Schumer was the author of the Fascist repressive Patriot Act (reportedly nearly half written by the time of the 911 U.S. Government-Facilitated Provocation by in-the-loop Chucky. See below.)The Democrats Proposal for a Tiny 1% Surcharge on Individual Incomes MakingOver $280,000 and on Couples Making Over $350,000 is a JOKE and Is No SubstituteFor Reintroduction of a New Deal Type Progressive Tax Structure in the United States!The answer is that supposedly trying to “reduce healthcare costs” is all a diversion! Obama and the entire Congress are all paid off by the insurance companies/HMO’s, banks, oil companies and military industrial complex. Any healthcare plan that emerges will be run by the parasite insurance companies and HMOs, just like the present state plans, which have also been disingenuously offered as an alternative to a public plan to try to keep people confused! A confused person cannot act! As mentioned the Obama Regime’s healthcare plan will be paid for largely by “savings” (!) by cutting Medicare payments to hospitals and also by taxing the healthcare benefits of those who already have healthcare! But NEVER by seriously taxing the rich! The request by the Democrats in the House for a TINY surcharge beginning only in 2011 (!) starting at 1% on individuals making over $280,000 and couples making over $350,000, with slight increases at incomes of over $400,000 and $800,000, or even a 1% surtax ONLY on those making over $1 million, is not even meant to pay for healthcare entirely and is strongly opposed in the Senate, which since the New Deal and starting with the John Kennedy administration, has completely eliminated the progressive tax structure which used to exist in the United States. The House also protects the millionaires and billionaires and is simply going through the motions!It should be noted that even this tiny 1% surtax on the incomes of the capitalists themselves would raise $550 billion over 10 years! This is about a third of the $1.6 trillion needed for 10 years according to the Obama Regime. (The nonpartisan Congressional Budget Office (CBO) estimates the cost of the “Healthcare Overhaul” will be $1.6 trillion not $1 trillion!) But $550 billion is a small amount compared to the $4.7 trillion which has already been permanently turned over to the banks in the bank bailouts! As mentioned, the remainder of “the cost of healthcare” is to come from regressive taxes and “savings” primarily from Medicare/Medicaid. Obviously a 3% Surtax would ENTIRELY pay for any “Healthcare overhaul” and would entirely pay for a Single-Payer Government run Healthcare Plan—Socialized Medicine. But capitalism can not be reformed and made better because of the one-way dynamic of capitalism described above! The reality remains: 95% of New Yorkers and presumably the majority of Americans when given the choice agree that we need a new system based on human need not private profit! That is a Communist response although few would presently describe themselves as Communist. But it means that the majority of Americans would be receptive to Socialism right now! The overwhelming majority of the American people want Socialized Medicine and when polled honestly they choose Socialism and recognize that capitalism has failed. The contradiction is that the U.S. Working Class is presently so deliberately misinformed, misled, divided, disorganized, demoralized, intimidated, infantalized and so brainwashed on every conceivable basis that they are prevented from engaging in any sort of organized effective action on the basis of their own class interest because of the present correlation of class forces, where the capitalists are still too strong. (See below.) But this will not last forever because capitalism is on the road to economic collapse NOT “recovery.” See below.Fines For Not Being Covered by the “Healthcare Overhaul” AreExpected to Raise at least $52 Billion as Capitalism DRAINS US DRY!The capitalist dictatorship also intends to make the masses pay for Obama Care primarily through “mandates” which target individuals and small business, meaning that those who are uninsured must now either buy health insurance or be fined to further impoverish them! These fines alone are expected to “raise (at least) $52 billion to cover the costs of the uninsured (!).” (New York Times, August 13, 2009) The Obama “Healthcare Overhaul” is also to be paid for by regressive taxation as mentioned above targeting primarily the Working Class—not the “middle class”—and “savings” (cuts in other social programs) rather than seriously taxing the rich through legislating a New Progressive Tax Structure in the United States where the top tax rate would be over 90% like it was under the New Deal and up until the end of the Eisenhower administration during the period of greatest economic prosperity in the United States! In addition ALL income should be taxed, not just the first $102,000.00 as is presently the case! (A millionaire or billionaire pays taxes ONLY on the first $102,000!) The top tax rate should be at least 90% on ALL income! The “Effective Top U.S. Federal Tax Rate” is now only 27.9%, while the Effective Tax Rate for the average taxpayer is 18.2%. (New York Times, August 28, 2009) This is almost a flat tax! See below. The capitalist dictatorship has already DRAINED US DRY and is now literally moving in for the kill. This is no exaggeration! See below. The despised Timothy Geithner and Lawrence Summers have also stated: “(Working Class) taxes might have to go up to pare budget deficits or to pay for the proposed overhaul of the nation’s health care system.” (Associated Press, August 3, 2009)Obama Proposed a Bush-Privatization of the VeteransAdministration within 2 Months of Taking Office!Because of the fact that the VA is socialized medicine it was initially partially de-funded by the Bush Regime and more than 20 VA hospitals were threatened with closure! Obama’s claimed “support” for the VA is a sham and a Big Lie starting with an immediate attempt announced on March 16, 2009 to begin to privatize the Veterans Administration less than one month of taking office! The Obama/Bush Regime attempted to authorize the Department of Veterans Affairs to force veterans to begin to partially pay for treating war-related injuries and other medical conditions, such as post-traumatic stress disorder, that are war-related using private insurance companies! The pretext was supposedly to “save” the VA about $530 million a year! The overhead of the Veterans Administration Hospitals is less than 5% and the overhead for Medicare is only 2%, while the overhead of the parasite HMO/private insurance plans is 30% or more, which forms the basis for their profits! There is NO money whatsoever “saved” by privatizing the Veterans Administration or Medicare. Just the opposite! Obama is a liar and he knows he’s a liar! The Obama regime is simply maneuvering to permit private health insurers to increase their parasitizing off the misery, illness and disease of the American people! Incidentally, Veterans are already charged a privatized co-payment for non-war acquired medical conditions in order to help out the HMO parasites!Obama was immediately opposed on his privatization scheme by all veterans groups, which finally forced the new Veterans Affairs Secretary/Obama puppet Gen. Eric Shinseki to reverse his initial support for the Obama privatization plan! Previously the capitalists were able to deceive the masses domestically by throwing out a few crumbs and scraps, while the overwhelming bulk of their programs in the last several decades were deliberately designed to directly attack the lives and living standard of the majority of the American people. On June 24, 2009 after widespread criticism and increasing awareness among veterans that Obama was giving them the same treatment doled out under Bush the Congress passed legislation approving the budget for the Veteran’s Administration one year in advance to prevent the delays which had occurred for 19 of the last 22 years! Those delays combined with cutbacks were deliberately designed to cause cancellation or postponement of programs, not enough equipment, fewer doctors, longer waiting times and restricted access to healthcare for veterans causing rationing of healthcare in order to falsely discredit the Veterans Administration healthcare because it is SOCIALIZED MEDICINE!Remember that the words “reform” and “overhaul” under capitalism are simply code words for attack on the Working Class. The capitalists have now decided to escalate their attacks on the masses and have switched their gears to EXTERMINATE a significant percentage workers made “redundant,” under Globalism as well as a significant percentage of the general population both in the United States and worldwide. Globalism has rendered millions of workers redundant—no longer necessary under capitalism—and the present Economic Crisis/Second Great Depression has provided the ideal point for the U.S.-led World Capitalist Dictatorship to reduce their populations and the entire world population! The capitalists are now trumpeting their fraudulent plans for “universal health care.” This is all a deception meant to cover their primary program of extermination as described above and herein! The capitalists plan to base their “universal health insurance” on the present criminal parasite HMO insurance based health plans rather than the comparatively high quality system used by the U.S. Veterans Administration (VA), a form of socialized medicine, which is anathema to the capitalist dictatorship and their current puppet Obama. This is one more reason why we need a Socialist Revolution in the United States!The Capitalists Have Completely AbolishedThe Progressive Tax Structure of the New Deal!The progressive tax structure was completely and totally abolished starting with John Kennedy who was far to the right of the New Dealer Dwight Eisenhower. (The Kennedys hated Roosevelt and the New Deal after FDR appointed Joe Kennedy as the U.S. Ambassador to the UK at the Court of St. James, a total insult to the Irishman Kennedy, who was then later withdrawn in humiliation because of his multiple statements in support of Adolph Hitler! FDR and the Great Britain DID support Hitler both through the covert economic aid provided by U.S. capitalists and diplomatically by refusing to sign any alliance with the USSR against the NAZIs, and helped build Hitler’s rise to power in order to send the NAZIs against the USSR, in a failed attempt to destroy the USSR militarily in WWII! But that was a state secret NOT for public consumption!)JFK reduced the As mentioned from 91% under Eisenhower down to 70%! Under the Fascist Ronald Reagan the Kemp-Roth Tax-Cut of 1981 reduced the top rate from 70% to 50%! The Reagan the Tax Reform Act of 1986 led by Fascist-Democrat Bill “basketballs” Bradley lowered the top tax rate from 50% to 28%! It was later increased slightly to 39.6% under Bill Clinton and then reduced to 35% under the Bush Regime! Obama has promised to “raise” the top tax rate back to an astronomical…39.6% in another 2 years! What a joke! The joke is on you and me! As mentioned, the “Effective Top U.S. Federal Tax Rate” is now only 27.9% and that will NOT change appreciably! Abolishing the progressive tax structure of the United States has permitted the capitalist dictatorship to completely rob every last penny so that there is NO money whatsoever to pay for anything, especially Social Security and other social programs, which are derisively referred to as “entitlements” as in “who do THEY think THEY are being ENTITLED to ANTHING—why don’t they (the Working Class, their allies and the Poor) “just pull themselves by their own bootstraps” like Herbert Hoover said? But today the capitalists have other fish to fry: population reduction in the United States and worldwide. The extermination of millions of people! See above.The truth is that for all intents and purposes Obama is a (technically) “Black” Bush as explained above. The reason we know for a fact that Obama never had any intention of changing anything is that politicians rise to the top based on their ability to express and further the one-way dynamic of capitalism, a dynamic which leads to Fascism, barbarism and finally the end of civilization. This is how we know for a fact that Obama most certainly does not even want to change anything for the better despite his phony propaganda slogans to represent nebulous “change”! Now with the Runaway Greenhouse Effect having begun, this means the end of all life on Earth because capitalism intends to do nothing serious to combat Global Warming and treats that threat the very same way they “reform the economy” or “reform healthcare,” meaning they are just going through the motions. Obama understands that his role is to deceive the masses and he clearly enjoys that role! Note that the Obama propaganda never specifies what kind of “change” it is that we can believe in. “Yes we can” Obama trumpeted! Those nebulous slogans were carefully designed to say nothing! Obama’s role is to string people along and placate the masses with his “golden rhetoric” while carrying out the dismantlement of as many social programs as possible and to demolish what is left of the New Deal.The only “change” which can actually occur under Obama is the continued hardening of the capitalist dictatorship! Obama has been chosen for his ability to deceive the masses regarding that actual dynamic, development sequence and direction of capitalism. Obama is a slicker, a con man, a demagogue out to bamboozle the unsuspecting victims: the Working Class and its allies primarily. Obama’s book, “The Audacity of Hope” was written initially to demonstrate to the capitalist dictatorship that he was best able to perpetuate false hope in capitalism-imperialism. Only after he became a candidate did public curiosity increase sales enough among the duped masses to make Obama a millionaire. “Hope in capitalism” is what Jesse Jackson meant when he introduced his slogan: “Keep Hope Alive!” Much earlier Martin Luther King publicly reviled Jesse Jackson to his face with numerous witnesses as “nothing but an opportunist.” For anyone following the presidential campaign and “elections” it should have been obvious that McCain was only running as a foil to take a fall for the Democratic candidate, whoever it would be just like in TV wrestling.Progressive Taxation is Good for the Economy!Regressive Taxation is Bad for the Economy!In addition, the elimination of the Social Security Cost-of-Living will become permanent in practice with the claim of “no more dollars” due to the Bank Bailouts and Economic Crisis and “the high cost” of the Obama Health Insurance Plan ($ 1.6 trillion), for example, claims which have already been made to justify COLA elimination in the first place! In order to telegraph this future claim of “no more dollars” the elimination of the Social Security COLA was followed on May 13, 2009 with the announcement that the Social Security Trust Fund will be “insolvent” by 2016 and “totally depleted by 2037!” This contrived scenario, which was declared with fanfare by the Congress to be “UNSUSTAINABLE” and required “shared sacrifice through reduction of Social Security benefits,” was made possible primarily by the complete abolition of the progressive tax structure in the United States described above. According to a report from the Government Accountability Office (Associated Press, August 12, 2008) 66% of U.S. companies paid no federal income taxes and 68% of foreign companies doing business in the United States paid zero corporate taxes between 1998 and 2005, while reporting $2.5 trillion in sales! This includes 1.2 million U.S. companies and 38,000 foreign companies. The only taxes which remain today are regressive taxes meaning that they target the Working Class and Poor primarily. Examples include: 1.) National sales tax, 2.) National value-added tax, 3.) Flat Tax, 4.) Increases in the subway and bus fares and tolls and 4.) Outright cuts in services even in the U.S. Post Office and 4.) The system of fines, which the Bolsheviks abolished entirely in 1917, is even being ridiculously increased.The Capitalist Dictatorship Keeps the Masses Totally Confused About Taxes!There is never any explanation provided concerning the vast difference between progressive taxes, which normally tax the rich more than 90% of their income, versus regressive taxes which tax the poor and which are correctly opposed by the masses. By cleverly manipulating and omitting these simple, fundamental facts of taxation the capitalist dictatorship of billionaires and millionaires is able to keep the masses totally confused and opposed to “taxes” in general, and with their reduced understanding this means only regressive taxes, the only taxes which are imposed in this, the most reactionary period of end stage capitalism. Abolishing the progressive tax system and imposing only regressive taxes combined with the bank bailouts, supply-side economics and basic exploitation of labor mentioned above has allowed the capitalist dictatorship to steal virtually every last penny leaving nothing for social services or even infrastructure maintenance! This follows naturally from the one-way dynamic of capitalism, which is not based on human need but only on increasing private profits. This dialectical and historical analysis is the only explanation which fits the facts.The Real Purpose of Bank Bailouts is to Divert Money FromSocial Spending—the Same Purpose as Supply-Side Economics!The Only Way to Lift the Economy Out of Crisis isTo STIMULATE DEMAND Through Huge Federal JobsPrograms Just Like the New Deal and World War II!Note that Franklin Delano Roosevelt gave no money whatsoever to the banks to lift the U.S. out of the Great Depression! Instead FDR created DEMAND by creating JOBS with huge New Deal Federal Jobs programs (e.g. the WPA, etc.) to replace the jobs lost in the private sector, and finally by the huge spending of WWII, which was the largest federal jobs program in all U.S. history! Creating Demand through enormous Federal Jobs Programs is equally important in the present Economic Crisis as it was during the Great Depression, despite the fact that origins of the 2 crises are somewhat different. (See Part II Analysis.) The reasons for this are twofold: 1.) The jobs which have been lost, more than 18-20 million actual jobs lost and more than 30 million unemployed if ALL categories are included, are from the PRIVATE SECTOR and there are NO more private employers! and 2.) Demand is what drives the economy! The $4.7 trillion Bank Bailouts of 2008-2009 are simply being used as the pretext to DIVERT money away from Social Programs just as Supply Side/Trickle Down/Reaganomics/Bush Tax Cut economics is also used to divert money from Social Spending and has NOTHING to do with stimulating the economy, as so eloquently explained by Ronald Reagan’s economic Czar, David Stockman in his book “The Triumph of Politics: Why The Reagan Revolution Failed!”Instead of Implementing Another New DealObama Offers the No Deal and The Bad Deal!Emphasis on the Federal Deficit Is Being UsedTo Set the Stage for Cuts in Social Programs!The real reason that Obama started talking about cutting the deficit in half the day after his tiny “stimulus plan” was signed into law was to set the stage and provide a false basis for huge $500 Billion cuts in Medicare/Medicaid and eliminating the Social Security Cost-of-Living Allowance and other social programs. As mentioned, Obama has frequently promised to “rein in spending on retirement programs such as Social Security and Medicare.” (New York Times, January 8, 2009). On May 8, 2009 Obama called for making 121 budget cuts to save a paltry $17 billion (Associated Press), budget cuts most of which are designed to target the Working Class and the Poor and to help to put them in the gutter. Then later in order to provide further false basis for these cuts in social programs the Obama Regime Office of Management and Budget raised its 10-year federal deficit estimate to $9 trillion stating that Obama is also “committed to addressing the shortfall in the Social Security system.” (New York Times, August 26, 2009) But Obama has already taken a giant leap to ending the FUNCTION of Social Security by eliminating the Social Security COLA. See above.In addition, Housing foreclosures escalate every day under Obama’s “PLAN” which is deliberately designed to help only a TINY percentage of borrowers! Obama said nothing while the Democratically-controlled Senate, which is completely controlled by the big capitalists, blocked changing the bankruptcy law to permit reducing the amount that homeowners owed on a first mortgage stating that homeowners must instead enter the government foreclosure relief program, controlled by the banks, whose participation is entirely voluntary (!) and which only permit much smaller reductions in mortgage payments. The banks, in turn, almost uniformly give homeowners bad deals or fail to negotiate in good faith with borrowers because the late fees they earn far exceed the paltry $1,000-$4,000 “enticements” offered by Obama. CNBC TV reports that there may be up to 10 million foreclosures in the next 3 years! The “Stimulus Plan” does not address this reality. The truth is that the Obama so-called “Stimulus Plan” is actually deliberately designed to INCREASE the number of homeless in the United States and thereby reduce the “population demographic” by bringing these people to an earlier death! This is covert mass murder combined with maximum denial and is another demonstration of just how effective the Big Lie technique is when directed at an unorganized population which has been rendered anti-Communist.The Obama Regime is Deliberately Using Mortgage Defaultsto Increase Homelessness and Reduce the Population!The Obama plan to “reduce mortgage foreclosures” is actually deliberately designed to INCREASE FORECLOSURES! It was openly admitted on the front page of the New York Times (July 30, 2009) that astronomical Late-Fee Profits DWARF the tiny $4,000 “incentive offered banks by the Obama Regime not to foreclose on customers! The Obama incentives help only 9% of “eligible homeowners” (New York Times, August 5, 2009). In addition, the massive loss of jobs makes even previously so-called creditworthy homeowners fall behind on mortgage payments and become homeless. Videos on the Evening News document that tent cities now exist in many U.S. cities inhabited by those who have been foreclosed upon, similar to the Hoovervilles during the Great Depression. A government decreed complete moratorium on mortgage foreclosures is obviously required and should have been announced the day Obama took office if he had been serious, which he never was! The Obama Regime could still announce a moratorium on mortgage foreclosures but it will NEVER DO SO because Obama represents the capitalist dictatorship of billionaires and millionaires not the working class and their allies and because of the one-way dynamic of capitalism described above. False emphasis on the federal deficit rather than on creating a massive federal jobs program to stimulate demand demonstrates the sophisticated and extensive manipulation of public opinion which is involved. Obama offers the No Deal and the Bad Deal of capitalism.Cutting Government Spending to “Cut the Deficit” isHistorically Documented to Deepen Economic Crisis!Only by Increasing Spending to the Level of CombinedNew Deal/World War II Spending to 37% of GDP andALL on Federal Jobs Programs is it Possible LiftThe United States Out of the Economic Crisis!False focus on the federal deficit is deliberately used to 1.) provide false support to cut Social Security Benefits and cut $500 billion from Medicare/Medicaid and 2.) divert attention from what is actually required to end the Economic Crisis and will make that crisis much worse! The capitalist dictatorship of millionaires and billionaires believes that this is necessary in order to solve the political problem of the “population demographic” in order to reduce the population in the U.S. in accordance with the demands of Globalism and the One-Way Dynamic of capitalism. The Obama Regime professes to be SO CONCERNED about the federal deficit increasing because of the “Healthcare Overhaul,” and so-called “entitlements,” Medicare, Medicaid and Social Security. But it is also well known that cutting government spending while in an economic crisis will only deepen the crisis as when FDR mistakenly listened to the right wing and cut spending after the 1936 elections resulting in the “recession within the Depression” in 1937-1938. Cutting spending deepened the Japanese recession in the 1990’s. On the other hand, increasing spending sufficiently will lift a capitalist economy out of depression and entirely eliminate the federal deficit.The combination of New Deal and especially World War II spending on Federal Jobs Programs, to the level of 37% of GDP, is the ONLY thing which lifted the U.S. out of the Great Depression and eliminated the huge federal deficit, which was much greater than the present federal deficit! This spending on Federal Jobs Programs STIMULATED DEMAND—THE ENGINE OF THE ECONOMY and in combination with the Progressive Tax Structure described above, permitted the greatest economic expansion in all U.S. history in the late 1940’s and 1950’s. This has been corroborated by history and PREVIOUS explanations of the capitalists’ own Nobel Prize winner economist Paul Krugman and many others. Paul Krugman has recently tried to place the focus and blame for the Economic Crisis on individuals such as Reagan and others rather than being due to the dynamic of capitalism about which he deliberately remains silent. Krugman does this to keep readers confused as to what precisely is actually required in order to lift the economy out of the Economic Crisis. Krugman now just calls for “more stimulus” but refrains from saying how much more and how it should be spent. Krugman acknowledges that running a large deficit is normal during an Economic Crisis but hides the fact that the Obama Regime is putting so much focus on the deficit to provide a false pretext for cuts in government spending on social programs. Demonstrating that he is simply a tool of the capitalist dictatorship, Krugman SUPPORTS these cuts in social programs and false “savings” and does NOT point out that Federal spending to the level of New Deal/WWII spending, 37% of GDP is what is required to both lift the economy out of the crisis and totally eliminate the federal deficit. Is it bad guy versus good guys or is it increasing spending to 37% of GDP, primarily centered on federal jobs programs? The answer is obvious!The reality is that while people such as Reagan, Alan Greenspan, Ben Bernanke, William Clinton, Robert Rubin, Larry Summers, Tim Geithner and