Robama Hood!

President Obama has submitted his budget plan to Congress. The summary plan is a prelude to the complete budget package which will be finalized in April and prepare the way for the next fiscal year beginning in October.

The Washington Post described the budget as follows:

“President Obama delivered to Congress yesterday a $3.6 trillion spending plan that would finance vast new investments in health care, energy independence and education by raising taxes on the oil and gas industry, hedge fund managers, multinational corporations and nearly 3 million of the nation’s top earners.” “The blueprint, meanwhile, would overhaul programs across the federal bureaucracy to strengthen assistance for millions of people who have borne the consequences of what Obama called “an era of profound irresponsibility,” helping them pay for college, train for better jobs and save for retirement while taking less of their earnings in taxes.”

This year’s budget deficit will reach $1.75 trillion while next year’s deficit is predicted to be $1.2 trillion.  Obama has proposed cutting the defict in half by the end of 2012.  In part this will be achieved by allowing the Bush tax cuts to the wealthy expire at the end of next year. Republicans are already on the rampage and most soundbites coming out of conservative mouth’s point to Obama as a Robin Hood, taking from the rich and giving to the poor.  While that is an exaggeration, I kind of like it.  For 8 years, the middle class received little or nothing in tax cuts while those earning over $250,000 a year were the happy recipients of multiple tax cuts.

So yes, my conservative friends, feel free to call Obama the new Robin Hood while the rest of us portray Republicans as the evil Sheriff of Sherwood Forest.

Click on the play button and sing along!

[audio=http://mariopiperni.com/wp-content/uploads/2009/Audio/The-Adventures-of-Robin-Hood.mp3, Robin Hood]

He called the greatest archers to a tavern on the green
They vowed to help the people of the king
They handled all the troubles on the English countryside
And still found plenty of time to sing

[Chorus]

Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad (conservatives), loved by the good (everyone else)
Robin Hood, Robin Hood, Robin Hood

He came to Sherwood Forest (Washington) with a feather in his cap
A fighter never looking for a fight
His bow was always ready, and he kept his arrows sharp.
He used them  fighting for what was right.

[Chorus]

With Allen, Dale and Little John they had a roguish look,
They did the deed that others wouldn’t dare.
Recaptured all the money on the English country scene
And still found plenty of time to sing.

[Chorus]

The King of England knighted him the Earl of Huntington,
And that’s the way the legend goes.

Robin Hood, Robin Hood, riding through the glen
Robin Hood, Robin Hood, with his band of men
Feared by the bad (conservatives), loved by the good (everyone else)
Robin Hood, Robin Hood, Robin Hood!!

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