1824- LAST TRAIN TO VICTORVILLE
[a dog [man?] eat dog world]
As we wrap up the week- we have
had some serious [and silly] discussions going on in the country.
Silly?
Yes- a few weeks back the Obama
team decided to make the ‘dog on Romney’s car’ a story.
His campaign people began talking
about the way Romney treated his dog by making him ride on the roof on a trip
to Canada.
Oh yes- you even have on-line
sites- by dogs- who are criticizing Romney.
Now- when you do stupid stuff
like this [on both sides] and make it an issue- then beware- they will find a
dog story about you.
Sure enough- the ‘right’ found a
quote from Obama where he admitted he dined on Dog meat while a 7 year old boy
in Indonesia.
Oh yea- sweet.
You saw all the on line pictures
of Obama chomping on a hot dog- but in place of the wiener you saw a cute pup
with mustard on his head.
You had the Pres chasing after
his dog at the white house- with a spatula in hand- ready to plop him on the
grill.
Yeah- we spent a week with the
dog wars.
Serious stuff?
Well- we did have the vote on the
Buffet Tax go down in flames.
Why?
This is where my friends on the
left don’t seem to get it.
As an independent- I try and see
the middle ground- the real value [if any] behind the things the President
wants to do.
I don’t hate the man- see him as
a commie- but he does do [say] things that are really disingenuous.
Okay- the tax on millionaires.
The president- and his cronies-
keep saying- nonstop- that millionaires need to pay ‘their fair share’ and that
they pay less than the average working stiff.
The famous quote about Buffet is
‘he pays less than his secretary’.
Now- this has been said so much-
people actually now believe it.
What John- aint it true?
Not really.
The tax rate on millionaires [income tax] is
around 38%.
That’s the highest you can go.
So why does the Pres keep saying
they pay less?
He’s talking about the tax rate
on investment income [Stocks].
This rate- called Capital Gains
tax- is 18%.
Now- if you’re a millionaire with
no regular income- and you live off your stock income [dividends] then your
only paying 18 on that.
John- do most millionaires do
this?
No.
There are more millionaires who
pay both rates- income tax at 38- and capital gains at 18.
In reality- if Obama passed the ‘millionaires’
tax- it would raise about 4 billion a year- which is nothing compared to a
15-16 trillion dollar debt.
But the president has said this
tax would fix the debt- and do a host of other things which is simply not true.
It is only a political game-
that’s it.
So- when you do stuff like this-
waste all this time going around the country claiming that this millionaire’s
tax is some sort of solution- then we know he is not serious about really dealing
with the major problem the country is facing- dealing with entitlements.
Okay- being we are in another
possible economic slowdown [things are not looking that good- the European
crisis is rearing its head- and some housing and jobs numbers are showing bad
signs].
What does the president have on
the table as a jobs plan?
I have mentioned this a few times
in the past- but his plan right now [besides pouring billions into a hole
called solar energy] is to do High Speed Rail.
Yes- the president has talked
about pouring billions of dollars into high speed rail projects- while at the
same time cutting billions form other real programs.
The train from Victorville [80
miles outside of downtown L.A.] to Vegas.
The govt. has a program [RRIF]
where we lend money to rail projects across the land.
Now- the main purpose of the
program- is to either fix or upgrade existing rail lines.
The president has been stopped
with the stimulus money- congress is not going to give him any more.
The only chance of getting more
‘fake money’ into the game is if the Fed Reserve does a Qe-3 [prints another
batch of money] and puts it on the table.
So- the president knows if he can
simply spend more govt. money- in any way [like extending the ‘payroll’ tax
cut- all this does is starve the Social Security fund for another year- so
people have more money now. This is not policy- per se- its simply saying ‘we won’t
have people pay into the system while I’m president- so they spend more in the
market- and I won’t look so bad’].
Now- the only way the pres could
get the money for these silly rail projects- is to use an existing govt. loan
program to fund it.
The train?
This rail line will fulfill one
major purpose- it will transport tourists from the L.A. area to Vegas- to the casinos
[Harry Reid’s pet lobby- that’s why he as the majority leader in the senate
will pass it].
Yes- this project is the brain
child of the casino moguls- what Obama terms as ‘the fat cats’.
Hmm?
The train departs from
Victorville- goes nonstop to Vegas- at a cost of about 100 bucks.
It takes about 4 hours to drive-
once you’re on the train- 80 minutes.
You have to drive from L.A. to
the Town of Victorville- Park your car [for a charge] and when you get to
Vegas- either rent a car- or ride the taxi.
The rail line has no real purpose
for those coming to L.A. from Vegas- because you would be stuck 80 miles
outside of town- and have to rent a car for the day- plus get back on the train
on your way home- and pay the car rental spot to pick up your car- and drive
home.
Okay- you could fly round trip
from L.A. to Vegas for around the same price.
Their already is a private bus
co. [probably more than one] who will take you and a crowd for 99 bucks- plus
feed you on the way.
But no- the real pressing need of
the country- at a cost of 5 billion tax dollars [one years worth of the Buffet
tax]- is to build this high speed rail- after all- look at all the jobs it will
create.
Really.
The so called benefits of these rail lines are
they create less pollution and auto traffic.
Because everyone will abandon
their silly cars and ride the rail.
In most places [if not all?]
where this has been tried- the govt. has to step in and underwrite the loss at
the cost of the taxpayer.
These projects just don’t work-
or you would have had the casino moguls get funding for it thru the banks.
So- the rail line plan- the presidents
main plan for jobs [he said this in his state of the union- remember- our
Sputnik moment?]
Is doomed for failure.
It will also shut down the private
bus services that now do this.
It will compete with the round
trip ticket from the private plane companies.
It will cost jobs in the end- not
create them.
All at a cost of 5 billion tax
dollars.
The govt. loan company that makes
these loans has never spent this much before.
Yes- I’m not talking another
single loan- no- they have never spent this much in their entire history of making
loans- total.
So Obama is simply using them as
a cover to get stimulus money for the project.
A project that would basically
cost you- and me- 5 billion tax dollars- all so tourists could ride to the casinos.
Okay- this is what we mean when
we say the president simply does not have the experience for the job.
That he has made bad business decisions-
and continues to make them- time and time again [Solyndra].
No- I’m not mad at the president
for chowing down some fine dog cuisine while in Indonesia.
I’m just worried that Dog meat
might be the meat of the future- because if this high speed rail plan is what’s
gonna bail us out- then we all might be eatin it soon.
Note- Do me a favor, those who
read/like the posts- re-post them on other sites as well as the site you read
them on. Thanks- John
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