The Pursuit of Control

In typical Nancy Pelosi fashion, when asked about the possibility of a value-added tax on PBS’s “The Charlie Rose Show” Pelosi said “I would say, put everything on the table and subject it to the scrutiny it deserves.”

Is this really surprising? Has Nancy Pelosi ever met a tax she didn’t like? No. This is expected, what made this a true Nancy Pelosi moment was her rationalization for the VAT.

Nancy said companies that import cars are at an advantage because they don’t have the burden of healthcare and pension costs built into their vehicles, their respective VAT’s pay for those things for them.

Nancy’s argument only comes close to making sense if all of the auto workers in the US were moved to some sort of public option and their pensions were entirely government funded, so what is Nancy really saying?

This doesn’t have anything to do with a VAT. This has everything to do with bloated, out of control union deals that drive up the cost of vehicles. The argument for a VAT is simply ridiculous and will end up driving up costs on everything from a new car to a gallon of milk. It’s irresponsible and ignorant to say that a VAT would make our auto industry more competitive and would in some way be better for the American people.

This is just a backwards way of taxing the American people while being able to not calling it a tax on the middle-class. Instead it would simply drive up the cost of goods and services and wouldn’t ever show up on your sales receipt.

No wonder congressional approval is plummeting!

Pelosi makes some other interesting comments in the entirely too long interview, if you’re looking for a headache watch this:

http://charlierose.http.internapcdn.net/charlierose/100509LOW.wmv