So Much Going On

April usually turns my attention from politics to something more important: baseball. Though I haven't annoyed my keyboard much lately I am still keeping a weather eye on the B-HO and his cronies.

There has been a recent row over Joe Klein (columnist at Communist Stooge Time Magazine) who accused Glenn Beck and Sarah Palin of sedition on Chris Matthews' show. Another guest chimed in adding Rush Limbaugh to the list for calling it the Obama 'Regime'. This blatant attempt to chill Free Speech comes from the very people who demanded 'regime change' (preferably violent) when George W Bush was president. In fact, the left called Bush's two terms a regime more than 6500 times from 1/20/01. Additionally, they trotted Bubba out to further attempt to chill free speech on the 15th anniversary of the Oklahoma City bombing. You may remember that he blamed Limbaugh directly for the actions of Timothy McVeigh.

Lesson: When Republicans are in power, dissent is the highest form of patriotism but when Democrats are in power dissent is seditious.

Feeling his oats after destroying American health care, the B-HO is targeting Wall Street for submission to the "Soviet Central Committee" this week. His willing accomplice in this scheme is Goldman Sachs. You may remember from previous posts the lengthy tentacles Goldman has in our government (across the political spectrum). Without warning the SEC slapped charges on Goldman - conveniently at a time to keep it from getting into the news cycle until after the weekend. The White House claims it had 'no idea' this was coming but by Monday, a Google search of "Goldman Sachs SEC" brings up a SPONSORED LINK to the B-HO's website (not the White House website). I'll let you draw your own conclusion there. In addition to that suspicious little tidbit, an article in the Washington Examiner today reveals the fact that Goldman has donated 7 times the amount of money to Obama as Enron did to George W Bush! Where is the MSM on that? They wouldn't let us forget that Enron donated a paltry $151,000 (inflation adjusted) to his campaign. Goldman dropped 7 digits into Barry's coffers. If Obama gets his "reform" passed look for Goldman to pay a small SEC fine while their competitors are destroyed by said "reform". Remember back in 2008, Hank Paulson (former Goldman bigwig) advised Bush not to intervene when Lehman Brothers collapsed and they were Goldman's main rival...

To distract us from that, the Regime has the FDA out trying to regulate how much salt can be added to our food - for our health naturally! Who do they think they are?

Both of these are being used to distract us from the Idiot of Economics, Paul Volcker floating the VAT trial balloon for the Regime recently. The VAT (value added tax) should be slapped from the lips of anyone who utters it as a legitimate idea. A VAT could double the prices of some goods overnight for consumers. Unlike a sales tax which is only charged at the retail level, a VAT is added to an item at EVERY LEVEL of production!

As an example, let's look at the wheat for a loaf of bread. A farmer grows the wheat, harvests it and sells it to the flour mill. The government charges VAT because the farmer has 'added value' to the wheat. The flour mill grinds it and sells it to the bakery triggering a second VAT because they 'added value' by milling the flour. The bakery mixes the flour into batter with other ingredients (all charged VATs) to make bread. They sell it to a retailer creating yet another VAT. The retailer finally sells it to you triggering the final VAT in the system. At every level of production the seller has had to charge the buyer more because of the VAT and the buyer has passed on that cost to the next seller which means that the consumer ultimately pays for each and every VAT back to the farmer who grew the wheat. In the real world (or at least Europe where the VAT is everywhere) the result has added 100%+ to the cost of an item depending on what goes into it and the VAT rate. This is unlike a sales tax where most if not all wholesale (pre-consumer) transactions are exempted. Most consumers cannot absorb even a small VAT and it would kill any economic recovery - even the phantom one we're being told is going on right now.