"It's class warfare and my class is winning." Warren Buffett

The value of any commodity, ... to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities. (Adam Smith, Wealth of Nations Book 1, chapter V.)

The question we ask today is not whether our government is too big or too small, but whether it works....(Barack Obama)


Friday, February 12, 2010

Get It, America: Obama Lowered Your Taxes!

The Republicans lie that Obama hasn't lowered the taxes of the vast majority of Americans has taken seed. The Republicans are proof that if you tell a lie long enough in time the public will come to believe that it's true. This is what happens when regaining power is more important than integrity.

Only 12 percent of the public say that the Obama administration has lowered their taxes since coming to office, despite the fact that the White House's stimulus package cut taxes for 95 percent of Americans, a new opinion survey found.

In addition, the CBS/NYT poll found that 24 percent of respondents said that their taxes had actually increased under the Obama administration -- which is, again, not true. Fifty-three percent said their taxes stayed the same.

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Posted by Delaware Watch at Friday, February 12, 2010