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The Greed Of An Obama Generation

The Greed Of An Obama Generation

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A leader recently said: “We didn’t become the most prosperous country in the world just by rewarding greed and recklessness. We didn’t come this far by letting the special interests run wild.”

Truer words are rarely spoken. The quote cuts to the heart of what defines our country; or defined. We revolted against a greedy and corrupt government, succeeded, then built the most prosperous and benevolent nation in history. But what goes up must come down; and prosperousness always sours and turns to greed.

By the way, the person that delivered that quote was Barack Obama. Funny, considering he got re-elected by indulging greed, and reckless behavior. Today, we go right off the fiscal cliff. Somewhat of a deal has been agreed upon, though it once again indulges the greed and envy of some at the expense of all.

According to Town Hall:

“Earlier today, Sen. McConnell said that he reached an agreement with Vice President Biden on the tax portion of the deal, which calls for individuals making $400,000 and families making $450,000 to see their rates rise to Clinton-era levels. This will put the estate tax rate at 40 percent for inheritances over $5 million…No change on capital gains and dividend tax rates for individuals making less than $400,000…PEP and Pease rules for individuals making over $250,000.”

So, this is what we get: no deal on spending cuts, a pay raise for Congress, and taxes for “the wealthy.” Are you kidding?!

1. Our tax dollars are paying for Congress to authorize more spending. There are two members of Congress currently seeking to rescind the pay raise, but I can guarantee the raise will stick.

2. No deal on spending cuts. No surprise there. Without giving money to their constituents, Democrats can’t get votes. As my Dad says: “Don’t give your drug-addicted uncle more money.” The more money you give to an addict, the more money they will spend. The government is addicted to spending, and they will not stop.

3. Higher taxes on “the rich.” Taking every penny from the wealthier among us would not make a dent in our debt, especially if we spend more–as Obama plans on doing. So, if it won’t make a dent, why raise taxes? To please the greedy, envious people who voted for him. Many who voted for Obama see him as Robin Hood; stealing from the evil rich, and giving back to the poor. What they don’t realize is that he is stealing from everyone, and giving to himself. This tax hike is a show for his constituents; it accomplishes nothing.

4. In addition to that, taking more money from “the rich” will only hurt us. With less money, the wealthy–otherwise known as job creators–will not invest, they will not hire, and the economy will tank again.

If you’re looking at this and thinking that it’s not much of a deal, you’re correct. The Democrats’ effort to avert the fiscal cliff is an effort to save themselves by placating a greedy generation. We still have politicians willing to push back. We need to support those people; lift them up, and elect those who would do the same. We are still in a place where a turnaround is very possible, if we act. If we keep getting “deals” like the one we got today, greed will destroy us. Jacques Cousteau said it best:  ”If we go on the way we have, the fault is our greed and if we are not willing to change, we will disappear from the face of the globe, to be replaced by the insect.”

Author: Frank Camp

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