Obama and default taxes

Obama: Not Raising Debt Ceiling Will Create New ‘Republican Default Tax’: We already have a default tax. It is called inflation and it exists to pay off Obama corporate cronies and buy votes. We have an increase in the direct taxes when they raised the payroll withholdings. And now, thanks to Obamacare, we have the sort of tax that we’ve never had before. One on our bodies.

This post was last modified on October 14, 2013

Kip Hooker:

View Comments (19)

  • Okay everybody here except for the few idiots will see this for what it is... It is a tyrant wannabe who is essentially telling us, do what I want or I will tax you to death... which HE ALREADY IS DOING! So even if we do submit we wills till be punished and inconvenienced. How Muslim of him... :-/

    • Since American History was evidently not included the ONE's Indonesian education, perhaps someone should review the part that unfair taxation plyed in . The American Revolution.

  • The Bullshitter in chief had better get another speech writer, because almost nobody believed that line of crap.

    • That's the best part!
      "Who is responsible for the shutdown?"

      Obama 57.7%
      Democrats 23.47%
      Tea Party 8.56%
      Republicans 6.81%
      Other 2.23%
      Boehner 1%

        • And your qualifications for diagnosing Obama with a psychiatric disorder would be.....?

          (Note: "But a lot of right wingers tell me they think he's uppity!" doesn't count.)

          • Since you know my qualifications from multiple previous interactions, I won't waste time and effort in repeating them here. What drove you to return? Out of work?

          • Another nice turd before retiring for a few hours sleep, only to get up and head out to another fun weekend. Playing with wonderful people, and getting paid for it. I love my life.

  • “I met with some really innovative small business owners on Friday who have already lost contracts, lost customers and have put hiring on hold,” said Obama. “Because the pain of this Republican shutdown has trickled down to their bottom lines.”

    What a crock of shi'ite!

  • Honest to God, it's getting to be like Napolean the pig blaming everything on the perfidious traitor Snowball!

  • Unbefkinglievable, from the mouth of the potus himself;

    " Because damage to America’s sterling credit rating wouldn’t just cause global markets to go haywire; it would become more expensive for everyone in America to borrow money.”

    Not to worry, the press will call him on this and rip him a new grommet...

  • There he goes again - "intentional default" - as if there were a Constitutional requirement that interest payments on the debt cease if Congress puts any sort of restriction on Federal borrowing.

    • It's all a scare tactic.
      Just like depriving veterans and survivors benefits. Anything to an end for him.

      • It's not like Obama or the leftist give a damn about our veterans our the military. They sh!t & spit on them every chance they get.