Class Warfare Tactics?

In last night’s prime time address, the President attacked millionaires, billionaires, big oil and private jet owners again.  Are Obama’s class warfare tactics working?  Plus, default seems unlikely, but is a downgrade inevitable?

FAA Shutdown

What impact is the FAA’s partial shutdown having on flyers?  How much money is the government losing?  And are the airlines really ripping off the American people by not bring down their prices?

California Dream Act

California Governor Jerry Brown passed DREAM Act legislation that would provide financial aid to illegal aliens.  Will helping the children of illegal aliens pay for college encourage more illegal immigration?



One Comment

  1. Doug McCaleb

    August 3, 2011 at 5:53 pm

    Tom,

    I haven’t heard anyone answer this particular question. They (The Obama bunch) keep telling us about the need to raise taxes on millionaires and billionaires and corporate jet owners (You know the $200,000 plus per year people) because they aren’t paying their fair share. I realize part of their strategy (Or perhaps all of it) is to create class war, but just how much additional revenue would this tax hike generate?

    If you could please have someone send me an answer via email I don’t get to listen to talk radio every day, so I may not hear the answer.

    Doug
    Penryn, CA
    dmccaleb@cwo.com