Wednesday, December 21, 2011

How will this affect the Price of Tea We borrow from China? Part II

It is very possible that in 10 days the taxes of 16,000,000 Americans could be raised by about $1,000. House Republicans shot down the payroll tax cut that only less than a week ago they all seemed on board for. Now Boehner, Cantor and the Congress have essentially washed their hands and are leaving for the Holidays. Nancy Pelosi wasted no time what so ever laying the blame directly on the Tea Party saying “They alone are standing in the way of a tax cut for the middle class.” In a statement today Speaker Boehner yesterday stated that Congress had done it’s job, and now it is the Senates job to go into conference and settle this bill. However, Senator Harry Reid contradicts that statement pointing out that, the bill was approved with overwhelming support 89-10, which is a level of agreement that is scarce in today’s present state of political gridlock and brinksmanship.
Earlier Yesterday Eric Cantor was on Andrea Mitchell reports on MSNBC speaking of uncertainty. The only thing that is uncertain is the rhetoric of congress’ message and belief system when it comes to its people. John Boehner on Friday of last week stated that the 2 month extension of the payroll tax though a temporary fix was a bill he could “live with!” However only two short days later He went on meet the press stating that this would be “punting” What Speaker Boehner is neglecting in his metaphor is that when a ball is punted, it is returned which doesn’t seem to be the case. The Tea Party doesn’t want to Punt because they don’t want to release the ball they just want to keep hold of it and drive it to the next election. Another glaring bit of inconsistency is that when it came to raising the taxes of the wealthiest of us Approximately 345,000 Americans or (Job Creators) The statement was In a bad Economy the worst idea is to raise taxes. Now when it comes to the taxes of the taxes of 160,000,000 of the most vulnerable Americans Sorry it’s Christmas! So what is it Congress are you on the side of the Country or just the Country Clubbers?
Is it any wonder why the congressional approval rating has dipped to 11%which is the lowest approval rating in history. Congress currently holds the worst productivity level in most peoples lifetimes and the worst filibuster record in history is it any surprise that the approval for congress is below that of Fidel Castro, Paris Hilton, The Media & Lawyers. Does their appeal really have to drop lower than that of a Child Molesters before they decide to act like a body of Government.
The worst part about this is if these tax increases go through. And the little bit of economic recovery is completely devastated it will be congressional amnesia that will swear that they fought for the middle class but the Big Bad Obama Bear raised your taxes.


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