Thursday, April 22, 2010

www.TheBlackSphere.net

The best blog I have read in weeks can be found at the address I used for the title.  Kevin Jackson is a genius.  He's smart, articulate, and so funny, you won't stop smiling.  If you do nothing else today, type in his address and read for yourself.  I cannot do him justice.  He's written a few books that I've ordered. I can't wait.  Go check him out, you'll thank me later. I especially love his title for Jesse Jackson, or as I will now refer to him: Reverend Baby Daddy.  How funny is that? 
Today I wanted to talk about B.O.'s promise of a New American Jobs Tax Credit.  This was supposed to give a 3K credit to businesses that hired American workers.  Let's all take a collective seat while we wait on this promise.  My guess is that he has forgotten about it in his rush to socialize twenty percent of our economy.  Of course, the mainstream media has forgotten it, also.  There can't be any pesky accountability with the Kenyan in Chief, now can there?
While I am at it,exactly what is three thousand dollars supposed to do for the business anyway?  Is it going to create a huge boon of opportunities?  I am guessing no.  What it might do is create an even larger deficit that will take our great great grandchildren more of their lives to crawl out of.  Good job, B.O.
I've run across the power grab of student loans, the backroom deals for states that were holding out, but not one word about a tax credit for hiring American workers.  Now, I expect if it had been to hire illegals, Pelosi and her bunch would have been all over it, like stink on poo.  Unfortunately, it only helped Americans, so there is no incentive for that.  And while I am on the subject of tax breaks-here is a crazy idea:
Instead of giving me tax credits for something, and credits for something else, how's about you just let me keep my own money?  I know, I know, if you eliminate all the red tape, you may  be able simplify the Internal Revenue Service and God forbid we have less government, right?  One of the reasons that I consider myself a Republican is because I don't need the government to wipe my nose. Just get out of my way and I can do for myself, thank you.
Another glaring example was sent to me in an email:
A 15 mpg clunker that travels 12,000 miles a year uses 800 gallons of gas
a year.
A 25 mpg vehicle that travels 12,000 miles a year uses 480 gallons a year.
So, the average Cash for Clunkers transaction will reduce US
gasoline consumption by 320 gallons per year.
They claim 700,000 clunkers were turned-in, so that's 224 million gallons
saved per year.
That equates to a bit over 5 million barrels of oil.
5 million barrels is about 5 hours worth of US consumption.
More importantly, 5 million barrels of oil at $70 per barrel costs about
$350 million dollars
So, the government paid $3 billion of our tax dollars to save $350 million.
We spent $8.57 for every dollar we saved.
I'm pretty sure they will do a great job with our health care, though.
Why is this administration so quick to spend money we don't have? As a community organizer, did he never have to balance a checkbook?  Or maybe, is he just used to not paying his bills as he incurs them? He does have over one hundred days of experience on the job before he was able to connive his way to Pennsylvania Avenue.  Mr. Soetoro, Mr. Obama, or whatever you are going by this week, please stop spending my grandchildren's  money. They'll thank you later.

No comments: