Senate switchboard: All circuits are busy

Helping Reignite the American Engine of Freedom is Not President Obama’s Goal:

No, that would be simple. Lowering taxes has always sparked the economy from Kennedy to Reagan to Bush, lowering taxes on businesses and investments has always grown the economy. If Obama and the Democrats really wanted to get the Engine of Freedom humming again they would start by lowering taxes on industry, business, housing, investment and the services industry.

No Obama’s plan is not for economic recovery and prosperity for Americans,

Obama’s plan is to attain longer lasting and greater power while he can.

He is setting up his hold on America and his ability to stay in power for years. If this stimulus package becomes law Obama and the left will have increased their hold on the wealth of the country, thereby being able to funnel even more billions into their next campaigns. Giving money to groups like ACORN and lefty projects such as the Greening of the Federal government will only increase Obama’s power base. It will not be surprising when 2012 comes around that his fringe group supporters will have raised incredible amounts of money so quickly.

Obama will also benefit from this massive shift of wealth to the left because the economy will stay stagnant longer increasing the fears of the public. These increased fears will lead the duped into even greater acceptance of the creeping socialism that is America’s “New” direction.

And never forget that when the Federal Government takes over your health care, your freedom of choice disappears and you become more indentured to the Federal Government.

Yes, Obama will gain more power when this boondogle power grab Simulouse bomb goes off!

Please read the following:

“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964 (WorldNetDaily)

“Between 1962 and 1969, investment grew at an annual rate of 6.1 percent, far higher than the 3 percent annual rate for 1959-1962 and the 2.3 percent rate for 1969-1972, after the JFK tax reforms had been repealed.” (NCPA)

“Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years.” (NCPA)

“President Bush’s 2003 tax cuts lowered the rate to 35 percent and created the economic growth that has increased tax revenues each year — by 5.5 percent in 2004 and 14.5 percent–the largest in 25 years — in 2005.” (NCPA)

John F. Kennedy

Address to the Economic Club of New York

delivered 14 December 1962

Listen to his speech here

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Michelle Malkin Shouts,  “Call Em’”

By Michelle Malkin  •  February 6, 2009 09:22 AM

From both Capitol Hill staff reports and reader e-mails, the phones have been melting down in Washington — and not from Americans who are enthralled with the idea of stealing $1 trillion from future generations for a Crap Sandwich Supreme. If you can’t get through the first time, try, try again.

From the Heritage Foundation:

August 13, 2003

The Historical Lessons of Lower Tax Rates

by Daniel J. Mitchell, Ph.D.

WebMemo #327

There is a distinct pattern throughout American history: When tax rates are reduced, the economy’s growth rate improves and living standards increase. Good tax policy has a number of interesting side effects. For instance, history tells us that tax revenues grow and “rich” taxpayers pay more tax when marginal tax rates are slashed. This means lower income citizens bear a lower share of the tax burden – a consequence that should lead class-warfare politicians to support lower tax rates.

Conversely, periods of higher tax rates are associated with sub par economic performance and stagnant tax revenues. In other words, when politicians attempt to “soak the rich,” the rest of us take a bath. Examining the three major United States episodes of tax rate reductions can prove useful lessons.

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From Brookings Institute Press:

Stimulating the Economy Through Tax Policy: Principles and Applications

Structure any business tax incentives to encourage new investment, not to provide a windfall for previous investment. This includes temporary provisions to provide accelerated depreciation, expensing, or tax credits for new investments in the near future.

From WorldNetDaily:

By William J. Federer
© 2009 WorldNetDaily.com

Editor’s note: The following quotes are published in the book, “The Interesting History of Income Tax,” by William J. Federer (Amerisearch, Inc., P.O. Box 20163, St. Louis, MO 63123, 1-888-USA-WORD)

“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now … Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”

– John F. Kennedy, Nov. 20, 1962, president’s news conference

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From Congressman John Cambell’s blog:

Wednesday, January 28, 2009

An Awful Excuse for a Stimulus Bill

Posted by: John Campbell at 5:32 PM

An Awful Excuse For a Stimulus Bill

By JOHN CAMPBELL, R-Irvine, represents the 48th Congressional District

Last September, we cautiously backed away from the precipice of financial collapse, but we are still a long way from getting our economy growing, flourishing, and functioning properly. Now, more than ever, we need innovative economic policies, not the political gamesmanship already playing out across all areas of government.

Republicans, Democrats, members of Congress, senators and the president all agree that America needs help, but that is where the agreement ends. The $825 billion stimulus package, which Congress was scheduled to vote on today, is, for lack of a better phrase, perfectly awful.

This package fails to meet all three criteria for successfully stimulating the economy; in fact, this bill contains 152 specific and separate appropriations. In reality, this is not a “stimulus” package at all. It is nothing more than another bloated spending bill.

The three criteria for an effective stimulus bill are: