Thursday, January 22, 2009

The Hope and Change agenda/ or How we go broke and drag out the recession

Nancy Pelosi (who REALLY is rich) is conflicted with Obama in that she wants the Bush tax cuts on those making under $250,000 repealed NOW.

When she appeared on Fox News Sunday and seemed to break with Obama over the repeal of Bush's tax cuts for families making over $250,000 a year - she wants them revoked right away, he's suggested he'd rather let them expire in 2010 - Politico ran the headline, "Pelosi Draws Her Lines with Obama."

Pelosi sought to downplay the policy rift, suggesting that she and the president may end up on the same page.

"I don't know that he's made that decision," she said. "It's my view that (tax cuts for the wealthy) are big contributors to the national debt."

Tax cuts are contributors to the national debt? I would say that governmental overspending is THE contributor to the national debt.

Oh, but there's more:

The speaker disappointed environmentalists when she said earlier this month that she may not bring climate change legislation to the House floor this year because it may lack the votes needed for passage. "I'm not sure this year, because I don't know if we'll be ready," she told Capitol Hill reporters. "We won't go before we're ready."

But in the interview Wednesday, she shifted her stance, saying she plans to move the bill this year. She said she hopes to hold a vote before December, when climate negotiators gather in Copenhagen, Denmark, to work on a successor to the treaty many countries adopted in Kyoto, Japan, in 1997.

"I believe we have to because we see that as a source of revenue," she said, noting that proposed cap-and-trade bills would raise billions of dollars by forcing major emitters to buy credits to release greenhouse gases. "Cap-and-trade is there for a reason. You cap and you trade so you can pay for some of these investments in energy independence and renewables."

Well, there Nancy showed her slip. Environmentalism is necessary because it's a source of revenue.

I've got your hope and change right here.