After reading this puff piece, I had to comment. Reuters has obviously given up all appeareances (slight as they were) of being objective.
Comments in red:
link to story , though story is not the right description. It's more like a White House press release.
"WASHINGTON (Reuters) – President Barack Obama ordered the U.S. Treasury on Saturday to implement tax cuts for 95 percent of Americans, fulfilling a campaign pledge he hopes will help jolt the economy out of recession. 95% of Americans get a tax cut? There are not 95% of Americans that pay taxes! What he's done, with Congressman Charlie Wilson's help, is take money from those that pay taxes and given it to people that don't pay taxes and called it a "tax cut". It's called Marxism and Orwellian.
The tax cuts are part of a $787 billion economic recovery plan (Deficit creation plan) passed by the Democratic-controlled Congress over Republican opposition. (it's about time, Republican opposition, that is) The aim is to put more money in the pockets of Americans and stimulate the economy by increasing consumer spending. (If you really wanted to stimulate consumer spending, give them a direct lump sump, like Mr. Bush did. It worked then! Giving people about $10 a week through less withholding is a slow drip approach)
"I'm pleased to announce that this morning the Treasury Department began directing employers to reduce the amount of taxes withheld from paychecks, meaning that by April 1st, a typical family will begin taking home at least $65 more every month," Obama said in his weekly radio address.
"Never before in our history has a tax cut taken effect faster or gone to so many hard-working Americans," he said. (Not true, the effect of Bush's lump sum took direct effect)
With tens of thousands of Americans losing their jobs in the midst of a global economic meltdown, Obama has said fixing the U.S. economy is his top priority. He has acknowledged that his success or failure in that will define his presidency. (whatever, the reporter must really need words for this "story")
Obama campaigned for the White House last year on a pledge to roll back his predecessor George W. Bush's tax cuts on the wealthy few and implement a cut for 95 percent of Americans. (notice how the "reporter" states as a fact that Bush's tax cuts "on the wealthy" ...he's just repeating Obama's campaign speeches. It's not true. Every tax payer got a tax cut under the Bush tax cuts. The problem (from a Marxist point of view) is those that did not pay taxes did not get a tax cut under Bush's plan. Again, how do you get a tax cut if you don't pay taxes to begin with?)
His announcement came a day after one of his top economic advisers, former Federal Reserve Chairman Paul Volcker, said the global economy may be deteriorating even faster than during the Great Depression of the 1930s. (more fear mongering to get us to let Obama do anything he wants to destroy our country in the guise of "fixing" the economy)
Since being sworn into office on January 20, Obama has sought to reassure Americans that his government is tackling the economic crisis boldly and swiftly -- holding near-daily events to announce measures to stem mortgage foreclosures, prop up failing banks, rescue the ailing auto industry and drive his stimulus package through Congress.
The measures have received a mixed early reaction from gloomy financial markets uncertain whether they will succeed in arresting the downward economic spiral. (not "mixed early reaction", the reaction has been 100% negative. the day he was inaugurated to the day he announced his "financial bailout" to this failed "stimulus" bill, the markets have been in a free fall. Yet the media sees it as "mixed early reaction")
The package includes $282 billion in tax cuts -- the Republicans pushed unsuccessfully for more -- and $120 billion for public works projects including highway and rail projects.
'HAZARDOUS ROAD AHEAD' (by the math, this means there is 383 billion worth of worthless pork spending in this travesty of a bill...that our congressman Charlie Wilson voted for, remember)
"But as important as it was that I was able to sign this plan into law, it is only a first step on the road to economic recovery," Obama said in his address.
"None of this will be easy. The road ahead will be long and full of hazards. But I'm confident that we, as a people, have the strength and wisdom to carry out this strategy and overcome this crisis," he said.
His announcement on the tax cuts capped a week that saw him sign the stimulus package into law and announce new measures to help families facing foreclosure and those struggling to make mortgage payments.
He will step up the pace next week when he holds a summit at the White House on Monday to look at how to rein in the country's ballooning deficit and bring government spending under control as the economy starts to recover. (the irony here is unbelievable!)
Lawmakers, academics and business leaders have been invited to share their ideas on how to cut the $1 trillion deficit that Obama inherited along with two costly wars in Iraq and Afghanistan. (Obama and Wilson are adding to this deficit everyday. Now he wants to talk about our deficit? He should have thought about that before he pushed for this deficit creating "stimulus" bill. Notice how the "reporter says he inherited the deficit, yet does not mention Obama's hand in increasing it exponentially)
Obama will follow the summit with a major speech on Tuesday to a joint session of Congress in which he will lay out his domestic and foreign policy agenda. Inevitably, the economic crisis will loom large. (this guy, Obama, is a bigger camera hog than Bill Clinton or Chuck Schumer)
After a short breather (I'm sure he's really needing a rest, all that signing stuff can wear a guy out) on Wednesday to host a concert honoring Stevie Wonder, Obama on Thursday will unveil his proposed budget for the 2010 fiscal year, which will reflect the big increases in public spending as part of the economic recovery plan." (big increases in spending, yeah, he's really going to focus on the deficit isn't he?)
This Obama guy has more inconsistencies than a Bill Clinton affidavit, and this reporter puts it all in one story and we're supposed to make sense of it? Well, it does make sense if you can see that this "reporter" is not concerned about getting to the truth, he's more concerned about promoting Obama.
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- EnviroNazis IV
- Congressman Charlie Wilson votes for more pork
- Strickland / Phillips cut more local school funding
- Slopping the hogs in Athens County
- Obama to Seek New Assault Weapons Ban
- Judge: landlord-tenant law needs amended
- Dow and S&P 500 at '97 lows
- EnviroNazis III
- Upcoming Lincoln Day Dinner in Athens County
- The media is a democrat protection machine III
- Brunner, Fisher announce U.S. Senate bids
- Government solutions are not solutions
- Slopping the hogs in Marietta
- EnviroNazis II
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- More good news in Meigs County
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- Snow emergency II
- Unbiased headline
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- Buying your vote, with your money.
- AEP: Clean coal plant on hold
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- It's a distraction
- Out of the closet, faster than thought.
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- Meigs County power plant protesters
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