How’s it going, 2 days into our post-racial, change-tilted, nirvana? We have some glimpses of Barack’s World.
The economy? We heard of all those wonderful supposed tax cuts doled out from Barack’s mess-ianic hand. How’s that going?
The federal government under Barack supposedly will cut taxes. State governments and local governments will raise taxes. Barack will then find ways to raise revenue via “user fees” and other schemes which will amount to tax increases.
Already the tax increases are being announced as local and state officials figure they might as well get the loot that the federal government will redistribute back to those who originally paid. Barack’s World:
Gov. Arnold Schwarzenegger has proposed $4.4 billion in tax increases and billions more in spending cuts to close California’s worsening budget deficit, declaring: “We must stop the bleeding.” [snip]
California’s budget relies greatly on capital gains taxes, which have dropped precipitously in recent months along with swooning stock prices. Sales and property taxes also have declined.
He said lawmakers will not be able to close the budget gap with cuts alone. He proposed a temporary 1.5 percent sales tax increase and other “revenue generators.”
Get ready for those “revenue generators”. Get ready for more budget strife Arnold when Barack, fairly or unfairly, raises the capital gains tax as he has promised. Of course a Barack promise is not worth much.
Barack supporting California is on the “revenue generator” bandwagon. What about New York? First, the bad news:
New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue
Then the really bad news for Barack New York:
Mayor Michael Bloomberg is going to cut the city work force by 3,000, but that’s just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda.
There will be 1,000 fewer cops, but the city will hire 200 more traffic agents to give out $60 million a year in new block-the-box tickets. [snip]
The spending cuts mean reducing the city work force. The revenue increases mean taxes — lots of taxes.
In the current fiscal year there’s the 7 percent property tax hike that starts in January — and the plan to renege on a promised $400 property tax rebate. [snip]
To close budget gaps in the year that starts next July the mayor is thinking about a combination of sales tax increases and income tax hikes.
“Every city agency must push each dollar further,” Bloomberg said. “We’re going to do that and doing that means making hard choices that will not be popular with everyone or perhaps anyone.”
The mayor proposed raising the income tax by either 7.5 percent or 15 percent.
Philadelphia and other Barack cities are already indicating they will do the same as New York.
Barack Kool-aid drinkers will note those are not Barack tax increases. Tax-payers however will only notice they are paying higher taxes before Barack starts his own “revenue generators” and “user fees” and “skyrocketing” (Barack’s own word) costs for electricity and energy.
A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama’s presidential victory, returned to their fears of a deep and protracted recession. [snip]
Although the market expected Obama to win the election, as the session wore on investors were clearly worrying about the weakness of the economy and pondered what the Obama administration might do. Analysts said the market is already anxious about who Obama selects as the next Treasury Secretary, as well as who he picks for other Cabinet positions.
“The celebration is over. Today we saw a bit of reality,” said Al Goldman, chief market strategist at Wachovia Securities in St. Louis. “President-elect Obama is coming into a situation with limited experience, having to handle an economy in serious trouble, a couple of wars and terrorism. It’s an extremely tough job.”
Racists! How dare they sell stocks in the new post-racial world and not have confidence in Barack.
Thursday Barack World: Wall Street plunged for a second day…
Thursday Barack World and Barack Workers:
Indianapolis – Lines were long and tempers flared Wednesday not to vote but to get paid for canvassing for Barack Obama. Several hundred people are still waiting to get their pay for last-minute campaigning. Police were called to the Obama campaign office on North Meridian Street downtown to control the crowd.
The line was long and the crowd was angry at times.
“I want my money today! It’s my money. I want it right now!” yelled one former campaign worker.
A former spokesman for the Obama campaign said 375 people were hired as part of the Vote Corps program and said people signed up to work three-hour shifts at a time. Three hours of canvassing got workers a $30 pre-paid Visa card.
The workers showed up to get their cards Wednesday morning at 10:00 am.[snip]
Eventually people did start getting paid, but some said they were missing hours and told to fill in paperwork making their claim and that eventually they would get a check in the mail.
“Still that’s not right. I’m disappointed. I’m glad for the president, but I’m disappointed in this system,” said Diane Jefferson, temporary campaign worker.
“It should have been $480. It’s $230,” said Imani Sankofa.
“They gave us $10 an hour. So we added it. I added up all the hours so it was supposed to be at least $120. All I get is $90,” said Charles Martin.
“I worked nine hours a day for 4 days and got paid half of what I should have earned,” said Randall Waldon.
Some people weren’t satisfied with filling out a claim form for money they felt was still due to them.
“They say that they gonna call you or they going to mail it to you, but I don’t know. We’ll see what happens,” said Antron Grose.
“Talking about they’ll mail it to us. I ain’t worried about that, man. They’re not going to mail nothin’,” said Martin.
Barack World Barack Workers are Wallet learning “the check is in the mail”.
Barack’s World is already planning to backstab its supporters and mouthing the excuses:
House Democrats are coordinating a message of caution with President-elect Obama in an effort to keep expectations on the left within the realm of the doable.
Last night, we heard Speaker Nancy Pelosi call for a “deliberate” approach to legislation. She and other leaders are mindful of the pent-up demand from the base of the party for quick action on issues like Iraq now that the impediment of the Senate filibuster has been substantially reduced.
“We can’t turn it all around on a dime,” says a top Dem staffer. “Expectations are going to have to be managed.” The aide says that this message has been agreed to by Obama and Pelosi.
You will be “managed” in Barack World.
Obama started the backtracking and managing expectations as soon as the votes were in Tuesday night.
The road ahead will be long. Our climb will be steep. We may not get there in one year or even one term, but America – I have never been more hopeful than I am tonight that we will get there. I promise you – we as a people will get there.
There will be setbacks and false starts. There are many who wont agree with every decision or policy I make as President, and we know that government cant solve every problem.
Unlike the Wall Street racists selling stock, Big Media will continue its bias for stooge Obama.
Big Media spokesman Chris Matthews made clear Big Media will protect their stooge Barack. Matthews said his job is to make Barack a success. Joe Scarborough and sidekick Mika reminded Matthews that the job is to report not be a propaganda minister.
During the primary Barack Obama organized a gay-bashing tour exploiting African-American homophobia to his benefit. On election day that homophobia continued.
Proposition 2 in California passed on Tuesday. Proposition 2 benefited farm animals. Proposition 2 protects pregnant pigs, calves and hens as well as any animal in an enclosed area. California farm animals have their rights enhanced in Barack World. California Gay-Americans are sent to the Obama slaughter house.
Proposition 8, with big help from Obama supporters passed in California. Many of those Obama supporters that supported Proposition 8 were African-Americans who voted for Proposition 8 by 70%. Obama said nary a word against proposition 8. Obama’s voice was employed by supporters of Proposition 8 in robocalls to win support for Proposition 8. The Obama South Carolina gay-bashing tour echoed in California.
Many African-American Obama supporters who wept and gloried in the end of racism in America turned on Gay-Americans. [Some wonderful African-Americans fought against Proposition 8 with the same strength that some African-Americans supported Hillary.] Obama said nary a word against the bigotry.
Welcome to Barack’s World.