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Obama Flip-Flops on Obamacare’s Individual Mandate Claiming it’s a Tax as Lawsuits Reveal its Unconstitutionality

By: Steve Johnson

7/20/2010 - 59 Comments

Throughout his presidential campaign, then-candidate Barack Obama promised the American people: “If you’re a family that’s making $250,000 a year or less, you will see no increase in your taxes.

Yet sixteen days into his Presidency he signed a cigarette tax increase, which targeted families making under $250,000 a year.

During the presidential debates and the passage of the Health Care Reform Bill, Obama continued to claim that he was not going to tax ‘the little guy’.

Here is a video of Obama deigning that the health care mandate is a tax increase.

But now that Obamacare is facing major legal battles and is clearly unconstitutional, the White House is called the health care mandate a TAX.  Not only is this a clear flip-flop by the President but it is a direct contradiction to his campaign promise to not raise taxes on ‘the little guy’.

Clearly Obama does not have 'the little guy’ is mind with his job destroying agenda and as he continues to drive the economy into a deepening recession.

President Obama's disapproval rating is at 56%.  According to the rating experts, once a Presidents disapproval rating hits 60% they can no longer effectively govern. 

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Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse

In discussions of today's economic meltdown and what to do about it, the Federal Reserve is a stealth helicopter: it never shows up on the radar. With the exception of a few esoteric specialists and those Ron Paul Revolutionaries who burst into chants of "Abolish the Fed!" Historian Thomas Woods notes in this important book, the Federal Reserve bears a large part of the blame for the mess we're in. In the first part of "Meltdown," Woods shows how both in theory and in practice, Fed policy fueled an artificial boom and is now leading us to a much larger meltdown.

How Capitalism Saved America

This book is an excellent presentation on the problems of government 'regulations' into free market mechanisms. This book illustrates simply and clearly how many chaotic economic problems were caused by interference from government regulations and how capitalism has overcome them. Master this book and you have overcome most of the bad economic thinking of our time. Government is the cause of capitalism failure.

Energy Victory: Winning the War on Terror by Breaking Free of Oil

Ethanol is perhaps the best strategy to reduce our dependence on oil. Flex-fuel technology has already been developed by an inventive woman engineer at Ford named Roberta Nichols, enabling an engine to run on any mixture of alcohol or gasoline. Our oil money is the primary source of revenue for the terror supporting nations like Saudi Arabia, Iran and Venezuela. With the rising price of gas, ethanol is now cost effective to produce and a strong weapon against the terrorist.

The Case Against the Fed

This book, written by Murray Rothbard, an economist and historian of fairly well known repute, is a scathing attack on not only the Federal Reserve, but the interests that created this institution. Rothbard explains how the Federal Reserve is the true source in the destruction of wealth, which has led to the destruction of the middle class and continues to sift money into the hands of the wealthiest.