Obama Admin: So sorry, your new taxes, a SALES VAT tax, will be going to pay for bailing out banks, GM, AIG and our other philosophical agendas

Hey Obama, look up, I see an asteroid.

The United States should consider raising taxes to help bring deficits under control and may need to consider a European-style value-added tax, White House adviser Paul Volcker said on Tuesday.

Volcker, answering a question from the audience at a New York Historical Society event, said the value-added tax "was not as toxic an idea" as it has been in the past and also said a carbon or other energy-related tax may become necessary.
Though he acknowledged that both were still unpopular ideas, he said getting entitlement costs and the U.S. budget deficit under control may require such moves. "If at the end of the day we need to raise taxes, we should raise taxes," he said.

Anyone who has been to Europe or some other places knows how obnoxious these taxes are and how corrosive they are to spending. They are so depressing to sales that when you leave you are able to get the taxes refunded. This admits to evidence how frightened the Euros are of the nature of these taxes on sales to those who ARE NOT COMPELLED TO SPEND THEM AND CAN GO ELSEWHERE.

This is NOT going to end well. Those who have been educated in the present system and way of doing things simply see more govt, more layers, more spending and more power as the route to solve problems. They are not COMPETENT to do these things. They are not competent because they are not omniscient.

THAT IS WHY MARKETS WORK

The larger the problem, the bigger the solution they seek.

The bigger the solution, the more funds they seek.

The more funds they seek, the more power and coercion they MUST seek to enforce the funds collection they must have.

Human nature.

That is why the Constitution is a document which at heart LIMITS what govt is permitted to do.

LIMITED.

Time to limit these people who can NEVER achieve what they are attempting and will RUIN ALL in the attempt.

It's pretty easy to see the difference between LIBERALS like Hubert Humphrey and the social-progressives who occupy the leadership of the democratic party today. The leaders today have KILLED liberalism. Not Pat Buchanan, or Ann Coulter, or Neocons, or republicans.

These people and their ideas will have to face an historic repudiation at the polls.