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12-25-2011, 01:38 PM
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Quote:
Originally Posted by Villages Kahuna
The initial post was spot-on correct. We've been snookered again. The Congress--both Democrats and Republicans--passed legislation that supposedly paid for the temporary cessation of the payroll taxes to pay for Social Security by levying additional fees on borrowers using Freddie or Fannie mortgage guarantees. And a fairly hefty fee at that.
Why Richie blames this on President Obama baffles me--other than Richie's obvious deep hatred for the man. Other than signing the bill created by the Congress, the President had little to do with its contents. He prescribed an objective that the payroll tax holiday be extended. The bill met his objective. Because the Congress didn't come up with real spending cuts to pay for it isn't Obama's fault.
The "solution" Congress came up with is not a "tax" according to the Republicans and presumably Grover Norquist. But it's money out of some, not all, American's pockets for sure.
But I guess that's better than simply forgiving the taxes needed to pay for Social Security and just borrowing it from China.
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OMG....Stop making excuses for the teacher's pet, Obama!!! The buck stops at the president's desk, remember???
Without his signature on this P.O.S. bill, it would not be law now.
A true leader would stand up for what is right and tell Congress the end (he "prescribed") does not justify the means (the P.O.S. content of the bill they concocted).
This enabling is why the Congress's spending addiction is out of control. Somebody who's mature and adult-like needs to cut up the "credit card" these boobs are abusing.
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