Taxpayer Saboteurs of the Global Commie Unionist Corporate Criminal Regimes ;

After the last-second addition
of another $20 billion in new taxes
shattered their original coalition for passage,
the majority in the Senate went back to the
drawing board to identify a new way to pay
for the Dodd-Frank "orderly liquidation" fund.

The result of their leftist brainstorming session?

Using the "profits"
from the TARP bailout
to pay for future Dodd-Frank financial fiascoes.

The left and their allies
want us to believe this would mark
"the end" of TARP. The New York Times reports :

The new plan
would bring an early end
to the Troubled Asset Relief Program,
the mammoth financial system bailout
effort enacted in 2008, and redirect about
$11 billion toward heightened regulation
of the financial industry.

This bill does not end TARP
and it does not end bailouts.

Dodd-Frank supporters
are now pretending that the
TARP funds were going to be
re-loaned out and then give themselves
credit for not doing something they
weren't going to do in the first place.

A slightly more honest approach
to the funding would have been to
reprogram stimulus money, but that
was defeated in favor of this pretend funding.

But more importantly, this "tax"
was just one of many, many
reasons to oppose the bill.

It was added at the end
of the process to deal with budget concerns.

Taking it out does not make
this a good - or even a better - bill.

Again, this is a minor issue
in a huge bill filled with huge problems
http://blog.heritage.org/2010/06/30/the-dodd-frank-tarp-raid-using-yesterdays-bailout-to-pay-for-tomorrows/

Budget expert Brian Riedl testified
before the National Commission on
Fiscal Responsibility and Reform, more
commonly known as President Obama's
"deficit commission."

The commission has been tasked
to offer suggestions to reduce the
federal deficit-a necessity which
was proven even more serious today
by the release of the Congressional Budget
Office's annual long-term Budget Outlook.

Today's meeting was the third for
the commission, and was intended to serve
as an opportunity for the appointees to hear
from the public on the topic of deficit reduction.

The commission has promised
to keep all possibilities in mind as
it considers how best to accomplish
this feat, which include reductions to
federal spending and, unfortunately,
tax increases as well.

Riedl highlighted his recent research,
which shows that it is due to out-of-control
spending, not insufficient tax revenue,
that deficits are soaring.

By 2020,
spending will be 6 percent
of gross domestic spending (GDP)
higher than its historical average.

Meanwhile, tax revenues,
even if all current tax cuts are extended,
will also be above their historical average.

Riedl reiterates :

"Spending is driving long-term deficits"

Riedl points to research
from Heritage's Katherine Bradley
and Robert Rector, which explains
that reforming welfare could save more
than $2 trillion over the next decade, while
at the same time causing no harm to the poor
http://blog.heritage.org/2010/06/30/if-deficit-commission-is-serious-they-ought-to-look-at-welfare-reform/

The Commie Saboteurs Cloakroom
http://blog.heritage.org/tag/cloakroom/

The Commie Coups Against
Domestic Free Enterprise
http://blog.heritage.org/category/enterprise-and-free-markets/

The Communist Hell Care Coup
http://blog.heritage.org/category/health-care/

The Commie Energy and Environment Coup
http://blog.heritage.org/category/energy-and-environment/

Opposing The Commie
Coup Against The U.S.A.
http://blog.heritage.org/

Exposing
The Satanic Commie World Order
http://sovereigntysrealms.blogspot.com/

Expose Oppose Protest Resist Defy & Defeat :

The Anti Constitutional
Anti Republic Anti Capitalistic
Unconstitutional Treasonous Criminal
Satanic Commie Open Borders, NAFTA,
NAU, Illegal Aliens, Trespassers, Censorship,
AIG, TARP, Shariah, Hell Care, Homo,
Smart Grid Whores & Satanic Globalist
Commie Liberal Progressive Stateist
Corporate Unionist Ponzi Schemes,
Lies, Liars, Frauds, Saboteurs
& Their Jesuit Masters