By Peter Ferrara | Forbes(con't) President Obama Is No Longer Tethered To Reality - Yahoo! NewsPresident Barack Obama's speech to the nation Monday night was highly disturbing. Because read carefully, it reveals a president wildly divorced from the fundamental realities of the nation he is supposed to be leading.
President Obama actually told America on national television that it is a nation "with a system in which the deck seems stacked against middle class Americans in favor of the wealthiest few." It is incomprehensible how a man serving as president of these United States could make such a fundamentally false assertion about his own country.
As I explain in my new book, America's Ticking Bankruptcy Bomb, before Obama was even elected, official IRS data showed that for 2007 the top 1% of income earners paid more in federal income taxes than the bottom 95% combined. The top 1% paid 40.4% of all federal income taxes that year, almost twice their share of income. The middle fifth of income earners, the actual middle class, paid 4.7% of federal income taxes. Deck stacked against the middle class in favor of the wealthiest few?
Sunday, July 31, 2011
President Obama Is No Longer Tethered To Reality - Yahoo! News
Sunday, July 24, 2011
Sunday, July 17, 2011
RealClearWorld - Leadership-Starved EU Heads for Oblivion
RealClearWorld - Leadership-Starved EU Heads for Oblivion
"Policy-makers are often drawn towards the cultivation of responsibility avoidance. However, EU functionaries have perfected the practice of responsibility avoidance and transformed it into an art form."
"Policy-makers are often drawn towards the cultivation of responsibility avoidance. However, EU functionaries have perfected the practice of responsibility avoidance and transformed it into an art form."
Tuesday, July 12, 2011
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