Geithner has come full circle and become a full-time Theftocrat party hack. Small businesses are the backbone of the American economy, and he is fully aware of it. He also knows that federal regulations are disproportionately burdensome on those firms. Although armed with this knowledge, he and the other traitors Washington, DC are busy destroying small businesses. Appearances to the contrary, they—at least many of them—are not blinded by vapidity.
Rather, it is their resolute desire to make America pay for being the most successful nation in history, to pay reparations for what they term cultural arrogance. In this contrived and affected sense, cultural arrogance means the intellectual acuity necessary to recognize that the American way works better than any stand-alone model that has yet been practiced.
O-buma and company’s lies about creating jobs have been little more than subterfuge used to buy them time to dissolve the US economic engine. While spouting hopey-changey noises about the paramount importance of creating jobs—in fact government cannot create private sector jobs—they are busy preventing job creation.
It is axiomatic that the more a product is taxed and regulated, the less there is of it; conversely, subsidies create surpluses. Little Timmy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to ‘shrink the overall size of government programs.’ Shrinking the size of government would shrink the amount of tax dollars available to purchase votes from permanent entitlement constituents.
This reveals the heart of progressive O-buma’s plans for the US. He wants to strangle the country’s most effective means of business expansion and job creation by increasing taxes and regulations on small businesses under the guise of maintaining the unsustainable mommy state. Still, he knows that doing so will make the theft-welfare state increasingly more unsupportable until the US finally collapses economically. Remember, the goal is to de-develop the US.
The pattern is clear; he and his lackeys’ schemes do not augur well for America. These include
• Creating job loss with skyrocketing energy prices
• Squandering $1T on 450K bureaucratic jobs while losing 1M private sector jobs
• Throttling the Internet with taxes, regulation, and government competition
• Implementing monetary policies that make the dollar worthless
• Increasing dependence on foreign oil by reducing domestic production
• Appointing a global redistributionist to the Commerce Department
It is appalling to see US tax dollars used to dismantle the nation. However, there is help for small businesses. Bank of America provides it, and it is paid for by shareholders in the organization. Private enterprise made America, and entrepreneurs know what they need to be successful. Bureaucrats' first allegiance is to increasing the size of the fiefdom.
May your gods be with you.