I'm amazed at how many Obama For President signs I've seen in rich suburban neighborhoods. You have to wonder if these people have a clue about what's going to happen to them after Obama is elected.
From Bill O'Reilly's latest online column, "A Cash Transaction" --
If Senator Obama becomes President Obama, my taxes will go up... way up. But I know neither Argentina nor anyone else will cry for me, because I am the rich guy Al Gore warned you about — the one that got all those tax cuts from the evil Bush administration.Read the full column at O'Reilly's Web site.
Senator Obama believes in "income redistribution," a concept practiced by Robin Hood in Sherwood Forest. Like Robin, Obama wants to take from the rich and give to the not-so-rich. He wants to raise taxes big time on those making $250,000 or more.
That means that if you live in New York and earn a quarter of a million bucks, you could be paying close to half of your income in taxes. Even Robin Hood might find that somewhat extreme.
And then there's the accountability factor. Without being forced by the federal government, I give plenty of cash to folks who need a hand. But I check out the charities before the check goes in the mail. I make sure my donations go directly to people who, through no fault of their own, find themselves in difficult circumstances.
Will Barack Obama, Nancy Pelosi and Harry Reid do that when the massive income redistribution train gets ready to roll? No, they will not.
President Obama and a Democratic congress will likely dole out entitlements like free health care, child care and cash payments to anyone who falls under a certain income level, no matter what their circumstance. That means that people who drink gin all day long will be getting some of my hard-earned money. Folks who dropped out of school, who are too lazy to hold a job, and who smoke reefer 24/7 will all get some goodies in the mail from Uncle Barack and Aunt Nancy, funded by me and other rich folks.
There will be no drug testing, no background checks, no accountability for those receiving the government's largesse. If you're an American citizen (or even an illegal alien) who doesn't make much money, you'll get stuff.