Letter to the President #7
January 26, 2010
Dear Mr. President,
Now that we have come to your first State of the Union address the pressure is on for passage of your precious health care bill. You just want some “accomplishment” to boast about. I guess you must be getting tired of constantly talking about your stimulus bill, blaming Bush for the economy, yourself, blaming Bush again, yourself, your stimulus bill, oh, and blaming Bush.
As this monstrosity of a bill nears a vote, it becomes more evident who the beneficiaries are. With the new taxes proposed the government will receive a large sum of money from individual people, businesses, and insurance companies. The state of Louisiana is set to get $300 million. You have agreed to exempt Union workers from the Senate’s proposed Cadillac Tax. The AMA and pharmaceutical companies are set to prosper from this bill as well. And who knows what other pay offs and back room deals were made in Congress just to get the bill through?
And why are you meeting personally with Union leaders? You promised the American people that your administration would be free of special interests. Unions are special interest groups. Why do they get an exemption from this tax? Less than 10% of the private sector is unionized. Your so called health reform will force the majority of Americans to pay an additional tax on their health insurance premiums, which will raise the cost of their insurance. To avoid bankruptcy, many will have to join a union. This will make Union memberships soar and these Unions, such as SEIU, will prosper from the additional membership dues.
Why have you given the Unions your personal guarantee that they will be exempted from this new tax? Your personal guarantee! Shakespeare wrote that there was something rotten in the state of Denmark. Well there is definitely something rotten in Washington D.C. The stench from you, the cronies in your administration, Nancy Pelosi, Harry Reid, Barney Frank, and all of the sweetheart deals that have been going on in Congress would make even the dead recoil.
But you are not satisfied with taking over health care. You want to impose a 15% tax on the banks that took federal bailout money. First you forced the banks to take the money, then refused to take it back when they first tried to repay it. By now, most of the banks that took bailout funds have repaid it. But apparently this isn’t enough.
You feign anger over the banks using bailout money on bonuses. So what if they did? Why are you against CEOs getting paid bonuses? These companies have already repaid the TARP funds. You have no right to be angry. This is a punitive tax meant to force the banks fall into line.
While you are in the business of getting bailout money back from companies, why don’t you force GM and Chrysler to pay back what was given them? The car companies took more money from the federal government than the banks did, yet you have not demanded that they pay it back. The United Auto Workers Union received a hefty amount of bailout money when you took over General Motors, yet you have not demanded it back. A lot of businesses, that had contracts with these car companies, disappeared when Chrysler and General Motors fell under the government’s control. What has Gm or Chrysler produced since January 2009? Nothing. But this doesn’t bother you. It’s those banks that are the problem. You’re just so angry over those AIG bonuses.
What irritates you, Mr. President, is not the fact that the banks may have spent their bailout money of executive bonuses. What you’re angry about is the fact that you haven’t managed to gain control of the banks. That is the real reason for the tax. You’re not concerned that this tax will get passed on to consumers. You, like all socialists, want more money. You are going to squeeze the private sector until there is nothing left to gain, and even then it won’t be enough.
You said that “We want our money back.” Well, here is an idea: why don’t you and your liberal thugs take the money that you stole from the American people for your precious public works programs and stimulus package and give it back to the taxpayer? Or am I asking too much from our “historical” president.
Sincerely,
Lady Liberty
