Obama's financial genius makes no provision for the retirement funding of Americans outside of Social Security. We are going "over the cliff." Bet on it. Plan for it. Count on it. It is what you all voted for on November 6th.

  <<<  No Ma,  its me,  Barack.


Understand that Obama's thoughts on "fairness" can be illustrated with this scenario: 

He believes that all Americans should rise or sink together.  He would take the better swimmers on a sinking ship and forcibly tie them to the larger  population of non-swimmers and proclaim that he has solved some sort of problem . . . . . .  maybe population growth,  but certainly,  he has saved no one on the sinking ship. 

In a debate Obama had versus Hillary Clinton and moderated by Charles Gibbson back in 2008,  Gibbson pointed out that in previous years,  lowering corporate rates increased the amount of revenues collected by the Federal Government,  even during the [Bill] Clinton years.  Obama agreed with that summation,  but argued that such financial decisions were inherently unfair to those who could not take advantage the "new" corporate rates  --  balancing the budget be damned.  

Obama is about to take the dividend tax rate from 15% to something over 55%.  Oh,  he will divide the effort and give it two or three differing names,  but his hatred of profits,  is about to destroy the middle class investor class in this country.  

As a result,  all Americans who have retirement funds in addition to Social Security promises,  are quietly being penalized.  After all,  it is not fair for some to save when others either do not know how or do not have the extra funds.  

When he sent GM into structured bankruptcy, he used the opportunity to destroy the retirement funds of those invested in GM.  He raped their funds  (and most of these investors were Democrat police and teacher union members) as auto union roaches laughed all the way to the bank.  

It is time for the business community to stop the rush to capitulation,  stand up and walk out on this blow hard of a president.  Time to drive off the cliff.  Better now than four years from.  Under Obama's fantasy leadership,  the cliff is unavoidable.  What a shame. We had a chance to avoid all this pain and blew it. 

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