Seriously, President Obama? ("Buffett Rule": Buffett profits from Keystone rejection, workers lose)
Pundit & Pundette ^ | 1/24/2012 | Pundit & Pundette
Not since his minions handed out lab coats at a White House Obamacare rally has Barack Obama committed such a lame or electorate-insulting act of political theater. But it's just part of the class war he must wage if he's to get re-elected. Code word: fairness. Politico:
Billionaire Warren Buffett's longtime secretary will be joining first lady Michelle Obama in her box at tonight's State of the Union, White House communications director Dan Pfeiffer announced on Twitter.
Debbie Bosanek, who has worked for Buffett for nearly two decades, has become a symbol in the White House's fight over the tax code and economic fairness. Obama is expected to renew his push for the so-called "Buffett rule" that would bring investment taxation levels into line with income taxation levels — and ensure that upper income earners pay rates as high as middle-class Americans.
"Warren Buffett's secretary shouldn't pay a higher tax rate than Warren Buffett," President Obama said in September, when he unveiled his American Jobs Act proposal. It's a trope that Buffett himself has repeated, as he has campaigned for higher taxes on investment income.
It's common practice for presidents to invite guests to sit next to the first spouse that fit with the theme of their address — and Bosanek's presence is a big hint that the address will tilt heavily towards economic issues of fairness.
Wasn't there something else about Warren Buffet in the news today? Oh yeah, here it is: Obama buddy Warren Buffet to benefit from Keystone XL pipeline cancellation
And who will not benefit? Hard-working Americans. Listen to or read what this truck driver and former Obama supporter had to say yesterday on the Rush Limbaugh show:
The tipping point for me was Newt Gingrich, what he said a few days ago, something I would have really been very angry with and almost insulted by. He said that Obama's decision regarding this pipeline was stunningly stupid. And I could not disagree with that, because this pipeline, in addition to the fact that it's automatically gonna bring a lot of jobs, without a doubt help the economy, it's gonna have an immediate impact on the price of things. Impact on the price of gas, which in my industry is enormous. People don't understand how the price of fuel affects everything that they pay for, from food to any good that they get. But the bottom line is that this man, because of what I can clearly see as politics to support these environmental people, he is willing to destroy this country, destroy the economy, it's a no-brainer in terms of getting away from dependence on the foreigners, foreign oil. And I just cannot in good conscience continue to hurt my family in the amount that I'm paying for fuel, groceries, and everything else. I cannot in good conscience support this man when this is obviously political because it would have helped this country and the economy. So I want to say that I'm finally seeing the light and I'm done with him.
My emphasis added. Read the whole thing.
I find it almost physically impossible to watch the demagogue in action so I'll stick with Netflix reruns tonight. (Things are really heating up between Andy and Helen Crump -- how will it end?)
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