Sunday, November 8, 2009

America Changed Last Night

By now you know the health care bill passed the US House of Representatives last night.  There is so much to write about this topic – but I will remain brief and start with a few simple thoughts.

In essence the government took the first step in taking control of 1/6th of the US economy. 

(Oh – it is OK Ron – don’t worry.  The AMA and AARP said so.  And Gene Green told me it will be OK.  Don’t worry Ron – think positive.  Something had to be done – right?  People dying in the streets in mass etc…)

Please get this:

  1. Our government now owns your banks.
  2. Our government now owns your insurance companies.
  3. Our government now owns your automobile manufactures.
  4. Our government now is in control of YOUR HEALTH.

Is this what we are about?  Is this what our founders envisioned?

Income Tax & Healthcare – Similar Origins

Income tax began in 1861. The original tax was levied to pay for the war effort of the American Civil War.   The first income tax was 3% of all incomes over $800.00. The tax was repealed and replaced by another income tax in 1862.

In 1894, Democrats passed the Wilson-Gorman tariff, which imposed the first peacetime income tax. The rate was 2% on income over $4000, which meant fewer than 10% of households would pay any. The purpose of the income tax was to make up for revenue that would be lost by tariff reductions.  I ask you… did the intention of the bill outlive the reality of where we are now? NO!

POINTS

  • Income tax, like healthcare, was meant to be the responsibility of the “wealthiest” Americans.
  • Currently – healthcare costs will be funded by those making over $500,000.00 a year.  EVENTUALLY THAT AMOUNT WILL BE LOWERED and 60% of us will foot the bill for 40% – Just like income tax!
  • You will pay for healthcare for those who say “I can’t afford it” as they live in a $300,000.00 home OR drive an $80,000.00 BMW OR gamble away their income OR fail to prioritize their finances to cover what is most important ETC…

There is no constitutional provision for this type of wealth redistribution – NONE – ZIP – ZERO - but yet – your congress seems perfectly willing to do it.

In the last 24 months these three major legislative pieces have passed:

  1. TARP (700 billion dollars)
  2. CAP and TRADE ( will raise your energy bill by $150.00 / month)
  3. Healthcare (1.4 trillion dollars)

Our congress is killing our economic freedom.

Here is my final question – What are you doing about it?

If you think the life of soccer games and beer drinking will continue as we spiral into economic turmoil – think again!

By the way – I think since bearing arms is a constitution right – the government should buy everyone a gun and make them carry it – even if they don’t want to….

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