Monday, January 11, 2016

Buy Low Now Sell High After Obama

___The power of POTUS is great, but he cannot keep the number 1 economy stagnant forever. His huge tax increase with PPACA, the thousands of new regulations, the progressive takeover of education, and disdain for our Constitution and what made us great have severely limited us for 7 years. But he will leave office 20 January 2017!

___Even with his disdain for carbon-based fuel the United States now has the largest reserves of oil and natural gas in the world. The stupid 1970s ban of American exports of oil is gone. We still import over 7 million barrels of oil each day, but it is much cheaper than over 10 million barrels of oil each day only years ago. Oil-funded welfare states are hurting!

___Americans will be shocked at how quickly the economy recovers when PPACA is repealed, harmful regulations are immediately paused, and over two trillion dollars of foreign profits are brought home to jump start the American economy. The corporate tax rate should be dramatically lowered (ideally to zero), and the tax system reformed to energize business. Consumption should be taxed and not income. The "progressive" amendments (along with Mark Levin's Liberty Amendments) should be repealed with an Article V convention of states.

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