CHECK THE FACTS

Without hesitation I often find myself agreeing with the anti-Obama charges that appear in
e-mails that find their way into my computer. However, a most recent BHO attack made me stop, research and discover a fraud.

The headline of the well done e-mail proclaimed SECRET NEW OBAMA TAX and went on to disclose that the White House is about to introduce and promote something called a transaction tax. This money raising gimmick would require each and every banking institution, from local Credit Unions to the largest of the New York Banks, to assess a 1% charge on all transactions. This would mean that each and every deposit, withdrawal or transfer would generate 1% of it face value as fee to be paid to Washington.

My initial thoughts were this is yet another attempt by Obama to interfere with the lives of Americans; to not-so-secretly monitor the financial accounts of Americans; and to generate income to finance his liberal/socialist/progressive ideas.

I decided to do some research so I could intelligently oppose this measure and I discovered the truth.

There is a Congressman from Pennsylvania named, and I kid you not, Chaka Fattah. He has for multiple terms represented the citizens of that State's 2nd district. Several times he has introduced a piece of legislation that would impose the above described tax. The first couple of times the idea was proposed, Chaka Fattah could not find a single other Congressman to back the bill and each proposal died. Recently he did find a supporter, just one, but no hearings were ever held and the act was never even considered.

His idea is to implement this new tax and cancel the current income tax law. The impact, according to Chaka Fattah, would be to fairly impose a real obligation on the rich and only a minor obligation on the rest of the American citizens.

Obama's Administration has no interest in Chaka Fattah's idea.

The point of this blog is to remind all patriots to look carefully at the attacks made on Obama before passing them on to others. Certainly there are enough real issues to be concerned about without having to invent one.