Obama reminds me of Louisiana’s Huey Long; the highly popular Democrat want to be President who offered to give everything to everyone as long as you voted for him. Long and Hoover were friends and believers of a progressive socialism.
Look up Huey Long and read about his “Share-Our-Wealth-Society” whose tenets included that everyone shall own a home; put a limit on how much wealth you can have, with taxes to reduce your wealth; everyone shall have an income of a certain level; a limit on yearly income for all and old age pensions funded by levying taxes on the rich’s excess fortunes.
Sound familiar? Obama has stated that 95% of Americans will get a tax break. But I thought that only 70% of Americans pay income tax? How is this?
This is real voodoo economics ! !
Posted by PredictionsfortheUS