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Today's Wall Street Journal is a must read- Paul Volcker and John Steele Gordan

have

terrific articles, but the column, " Potomac Watch " by Kim Strassel, p.A15, was

dead on:

 

" And now, America, we introduce the Great Obama! The world's most gifted

political

magician!... To kick off our show tonight, Mr. Obama will give 95% of American

working

families a tax cut, even though 40% of Americans today don't pay income taxes!

How can

our star enact such mathemagic?... It's called a 'refundable tax credit.' It

involves taking

money from those who do pay taxes, and writing checks to those who don't. Yes,

yes, in

the real world this is known as ' welfare,' but please try not to ruin the show.

For his next

trick, the Great Obama will jumpstart the economy, and he'll do it by raising

taxes on the

very businesses that are today adrift in a financial tsunami!...the nation's

biggest

employers who currently pay some of the highest corporate tax rates in the

developed

world. Mr. Obama will, with a flick of his fingers, show them how to create more

jobs with

less money...Next up, Mr. Obama will reregulate the economy, with no ill effects

whatsoever!...Our magician will show the fault was with our failure to clamp

down on

innovation and risktaking, and will fix this with new, all-encompassing

rules.Presto! Did

someone in the audience just shout 'Sarbanes-Oxley?' Usher, can you remove that

man?

Thank you. Mr. Obama will now demonstrate how he gives Americans the 'choice' of

a

'voluntary' government health plan....Don't worry people: You won't have to

join, until you

do....his plan will be different from our failing Medicare program. Oops, sorry,

folks. The

Great Obama just reminded me it is time for an intermission....all without

raising the

deficit a single penny!...in the middle of a financial crisis. And with falling

tax revenues!

Voila! ... And for tonight's finale, the Great Obama will uphold America's

'moral' obligation

to 'stop genocide' by abandoning Iraq!... he will fix Afghanistan with a

strategy that does

not resemble the Iraqi surge, and (drumroll) pull Osama Bin Laden out of his

hat! Tada!...

We'd like to thank a few people in the audience. Namely, Republican presidential

nominee

John McCain, who has so admirably restrained himself from running up on stage to

debunk any of these illusions and spoil everyone's fun....

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Wow - a conservative columnist makes snarky fun of Obama! This is

news how?

 

Kundalini-Yoga , " reedsmyth " <nrross wrote:

>

> Today's Wall Street Journal is a must read- Paul Volcker and John

Steele Gordan have

> terrific articles, but the column, " Potomac Watch " by Kim Strassel,

p.A15, was dead on:

>

> " And now, America, we introduce the Great Obama! The world's most

gifted political

> magician!... To kick off our show tonight, Mr. Obama will give 95%

of American working

> families a tax cut, even though 40% of Americans today don't pay

income taxes! How can

> our star enact such mathemagic?... It's called a 'refundable tax

credit.' It involves taking

> money from those who do pay taxes, and writing checks to those who

don't. Yes, yes, in

> the real world this is known as ' welfare,' but please try not to

ruin the show. For his next

> trick, the Great Obama will jumpstart the economy, and he'll do it

by raising taxes on the

> very businesses that are today adrift in a financial tsunami!...the

nation's biggest

> employers who currently pay some of the highest corporate tax rates

in the developed

> world. Mr. Obama will, with a flick of his fingers, show them how to

create more jobs with

> less money...Next up, Mr. Obama will reregulate the economy, with no

ill effects

> whatsoever!...Our magician will show the fault was with our failure

to clamp down on

> innovation and risktaking, and will fix this with new,

all-encompassing rules.Presto! Did

> someone in the audience just shout 'Sarbanes-Oxley?' Usher, can you

remove that man?

> Thank you. Mr. Obama will now demonstrate how he gives Americans the

'choice' of a

> 'voluntary' government health plan....Don't worry people: You won't

have to join, until you

> do....his plan will be different from our failing Medicare program.

Oops, sorry, folks. The

> Great Obama just reminded me it is time for an intermission....all

without raising the

> deficit a single penny!...in the middle of a financial crisis. And

with falling tax revenues!

> Voila! ... And for tonight's finale, the Great Obama will uphold

America's 'moral' obligation

> to 'stop genocide' by abandoning Iraq!... he will fix Afghanistan

with a strategy that does

> not resemble the Iraqi surge, and (drumroll) pull Osama Bin Laden

out of his hat! Tada!...

> We'd like to thank a few people in the audience. Namely, Republican

presidential nominee

> John McCain, who has so admirably restrained himself from running up

on stage to

> debunk any of these illusions and spoil everyone's fun....

>

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