Friday, November 9, 2012

The fiscasl cliff: who will blink?

There are a number of false images circulating around.

1. Higher taxes on the rich? NO! The tax is on INCOME, not WEALTH. Obama wants to punish high earners by higher taxes to make it fair.

2. Does Obama care? NO! He wants to gut military spending and wants to continue with a bad economy so the govt can expand handouts. That's what got him re-elected.

3. Does he want an agreement? Not really. He gets his priorities (a worsening economy and reduced military capabilities) by scuttling any agreement and the Media will blame the Republicans.

4. Will the Republicans cave on "immigration reform?" Some are advocating amnestying 20 million illegal Hispanics. Because Hispanics vote 70/30 for Democrats legalizing the illegals would break the back of the GOP.

5. Would the GOP benefit from legalizing the illegals? NO! In 1986, Reagan agreed to legalize 3 million illegals. The GOP got 37% of the Hispanic vote that year. Two years after thelegalization the GOP's share of the Hispanic vote fell to 30%.

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