Huckabee: Obama playing chicken over taxes?

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Thank you.

Thank you very -- And welcome to Huckabee from the Fox News studios in New York City.

President Obama appears to be willing to play chicken with congress because he is determined to raise taxes on the people that he's decided.

Are just whose stake -- rich.

But the trouble is even the Washington Post hardly a conservative tool.

And Fed Chairman Ben Bernanke who was re appointed by Obama are warning of the consequences of what's being accurately termed tax -- hadn't.

The combination of the expiration of the so called bush tax cuts.

And the effect of the huge tax increase that's associated with -- Obama -- it's all gonna arrive on December 31 2012.

And if congress doesn't act -- again may not adequately describe what's -- -- be nothing short of an economic apocalypse.

The tax increases almost 500.

Billion dollars.

Per year.

In new taxes.

About is by far the largest and most in -- -- in tax hike in our nation's history.

While the president pretends to be protecting the middle class the fact is the majority of the tax increases won't hit Obama's despised wealthy class.

But will in fact hit 60% of Americans who actually got the biggest tax cuts from the bush tax plan.

For example on average baby boomers -- gonna see their taxes go up over 4200.

Dollars per year.

Low income families are gonna have a gut punch increase of over 12100 dollars -- year.

Colonials they're gonna get pop with a thousand dollar hit on average.

Now considering that the president's failed financial policies of leftist drowning -- national debt.

With a staggering eight point 2% unemployment rate and businesses living off life support.

Not addressing these concerns but was about as compassionate.

As throwing an anchor instead of a life preserver to a man caught in rip tide.

The Obama tax increase is set to -- January 1 are far more ominous than we even would have feared.

-- have from the impact to the Y two K moment in January 1 back in 2000.

Because we really archer.

And weren't sure then what might happen at midnight that night and we did all we -- to do to prepare for.

I can recall being at the state capital of my senior advisors in the heads of a lot of our state agencies even troops from the National Guard and state police.

Just in the event of the worst case scenario.

Fortunately.

Once the clocks turned and utilities banking and communication still worked.

Well we wish each other -- happy new year and quietly called -- today albeit a very moment.

If President Obama insist on his way or the highway on taxman getting in a set of kissing our spouses at midnight.

We may well be kissing our own back sides by by.

Of course President Obama will say the Republicans ought to just cave in and just -- -- the rich people with taxes that didn't make any sense.

Was at the president's plan to raise taxes on the evil -- and in fact happens there's going to be all of enough money from that that'll run the government.

For about eight days.

But enough damage done and small business owners to result -- a lot of people getting laid off.

If you really want President Obama to keep his job you need to be prepared to lose yours if you want to keep your job.

-- better hope he loses he has.

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Huckabee: Obama playing chicken over taxes?

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