{"id":7998,"date":"2011-07-25T10:35:24","date_gmt":"2011-07-25T14:35:24","guid":{"rendered":"http:\/\/henrypayne.com\/?p=7998"},"modified":"2011-07-26T10:40:21","modified_gmt":"2011-07-26T14:40:21","slug":"payne-presidebt-doublespeak-the-michigan-view-07-26-11","status":"publish","type":"post","link":"https:\/\/henrypayne.com\/index.php\/2011\/07\/payne-presidebt-doublespeak-the-michigan-view-07-26-11","title":{"rendered":"Payne: Presidebt Doublespeak (The Michigan View 07.26.11)"},"content":{"rendered":"<p>Balance the budget by taxing the jet-flying rich? Do the math, it doesn&#8217;t\u00a0<a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704621304576267113524583554.html\">add up<\/a>. Balance the budget with higher taxes on &#8220;the wealthiest Americans or biggest corporations&#8221; like &#8220;President Reagan, the first President Bush, (and) President Clinton&#8221; passed? If that had worked, we wouldn&#8217;t still be in a deficit pickle.<\/p>\n<p>But what stood out to me in the Spender-in-Chief&#8217;s divisive, class warfare\u00a0<a href=\"http:\/\/washingtonexaminer.com\/blogs\/beltway-confidential\/2011\/07\/transcript-obamas-speech-debt-limit#ixzz1TAzXylqE\">speech<\/a> was this intellectually corrupt line:<\/p>\n<p>&#8220;How can we slash funding for education and clean energy before we ask people like me to give up tax breaks we don&#8217;t need and didn&#8217;t ask for?&#8221;<\/p>\n<p>In fact, &#8220;clean energy funding&#8221; and &#8220;tax breaks for people like me&#8221; are one and the same.<\/p>\n<p>Barack Obama&#8217;s rich green friends get $7500 tax break for buying electric cars like the Chevy Volt. Millionaire Elon Musk has received $465 million in federal Energy Dept. loans to build his luxury electric cars. Millionaire Henrik Fisker has received $520 million to build his battery-powered gold chariots. In Michigan alone, Fortune 500 corporations GM, Chrysler, and Ford have received $600 million in federal green loans combined. Millions in stimulus money have gone to giant corps like A123 Systems ($250 million), Dow ($160 million), and South Korea&#8217;s LGChem ($150 million). Big Utility DTE Energy got $84 million in stimulus to upgrade its &#8220;smart&#8221; meters. And so on.<\/p>\n<p>Obama has ruled this corporate candy off limits to cuts. This isn&#8217;t just demagoguery, it&#8217;s deception.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Balance the budget by taxing the jet-flying rich? Do the math, it doesn&#8217;t\u00a0add up. Balance the budget with higher taxes on &#8220;the wealthiest Americans or biggest corporations&#8221; like &#8220;President Reagan, the first President Bush, (and) President Clinton&#8221; passed? If that had worked, we wouldn&#8217;t still be in a deficit pickle. But what stood out to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,87],"tags":[],"_links":{"self":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/7998"}],"collection":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/comments?post=7998"}],"version-history":[{"count":1,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/7998\/revisions"}],"predecessor-version":[{"id":7999,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/posts\/7998\/revisions\/7999"}],"wp:attachment":[{"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/media?parent=7998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/categories?post=7998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/henrypayne.com\/index.php\/wp-json\/wp\/v2\/tags?post=7998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}