Now Obama wants to Raise the Gas Tax!

A few months ago I told you about the CEO of General Motors asking the government to raise the gas tax so GM could sell more of their over-sized, glorified gold carts they call the Volt.  Well it looks like Mr. Ackerman's wish might come true.  As of right now the current gas-tax is set to expire on September 30th, if congress does not act, and well we know how they act in Congress.

Obama, in a statement in the Rose Garden today; stated that if a "clean" transportation bill is not passed by Sept. 30th, there would be 1 million people who would potentially loose their jobs.  Many conservatives want the States and not the Federal Government to raise and spend the gas-tax money.

There are two bills in Congress right now on this matter...one in the House and the other in the Senate.  The House bill would extend the gas-tax for six years and cost $230 billion which would cut spending from current levels and be paid entirely from current fuel taxes.  The Senate bill would only last two years and cost $109 billion.

Rick Perry for President

About 45 minutes a top aid for Rick Perry stated that Rick Perry is running for POTUS.  Hey Obama...you had better watch out.  There is an Aggie that is coming up your "6" and he is going to bury you in the ground.  Perry is the next Ronald Regan.  Now Perry just has to get the Nomination...RNC here is your chance to put a very well qualified candidate in the top spot, make the right decision!  As much as this Texan does not want to see Perry leave, I can see where he is needed in a higher position.  Now if Perry does get the nomination...does Obama's excuse that it was Bush's Fault go away?

So the Debt Finally Gets downgraded

Friday evening the credit rating company downgraded the debt of the United States.  Our debt was downgraded from AAA to AA+.  Now what does this mean for the citizens,  mortgage rates, auto loan rates are all going up no matter what. 

This is only one person's fault...one President Obama.  This whole downgrade falls onto Obama's shoulders.  He did not get involved with the debt talks soon enough.  I guess you could also put this on the shoulders of all the representatives and senators as well.  I hope they are all happy about this.

The Whole Debt Delemia

So Washington DC has finally come up with what the leaders think will be a good deal for the United States...Okay Hurray right?  Maybe Not.  Why is it that it takes Washington DC until the very last minute to get anything done?  The Republicans want a Balanced Budget Amendment, No New Taxes, and cuts to entitlement programs, the Democrats want tax increases, no budget amendment, and cuts to the defense department.  What seems to be the problem?  Well let's dive further into the Democrats minds if I can...

The Democrats want to increase taxes on anybody making $250K+ per year, sounds great right?  Not really when you dive into the population that makes over $250K, this segment of the population is made up of the small business owner, the business who creates 70%+ of the jobs in this country, so if you raise taxes on those individuals, how are they going to hire new help...the answer THEY WON'T!  Why don't the Democrats want a balanced budget amendment, most of the voting public wants one, so why not put it in?  The Democrats, under this administration just want to spend more with less money coming in.  If this country were a family or a business we would have already been through bankruptcy a few times.  Balance the damn budget and get this country back on track.

I had a relative tell me last week that he thought the House should have passed everything they were going to and then tell the Senate "We are in recess until you pass one of our bills!"  Then the Reps. get to come home until the Senate passes their bill or the country defaults.  The House could have looked at them and said "We did our Job, now it is time to do Yours!"