Obama: $1.500.000.000.000 In New Taxes For Everyone

Et in avaritia fictis verbis de vobis negotiabuntur, quibus iudicium iam olim non cessat, et perditio eorum non dormitat. (2 Peter 2:3)

In a blunt rejoinder to congressional Republicans, President Barack Obama called for $1.5 trillion in new taxes Monday, according to Forbes.

"We can't just cut our way out of this hole", the U.S. President said.

In a surprising development, Warren Buffett was reportedly arrested this morning at his Berkshire Hathaway offices in Omaha.

Allegedly, he has not only paid less than his secretary in taxes, he hasn’t paid any taxes in the last ten years, according to Weekly World News.

But maybe it was just an IRS error, because as the IRS said, "we’re buried in paperwork over here!".

The White House Press Secretary, Jay Carney, said, "President Obama can now make the case that billionaires are dodging their taxes and that the government should confiscate most of their earnings. After all, most fortunes are made because of a crime".

President Obama seems finally to be successful in creating thousands of jobs - for new tax collectors!

In Europe, the Greek newspaper Ekathimerini writes that international lenders told Greece on Monday it must shrink its public sector and improve tax collection to avoid default.

But it is absolutely impossible for Greece to repay its debt, according to French newspaper Le Monde.

At Wall Street some protesters tried to take over Wall Street, in protest "against corruption and budget cuts", calling it: "Day Of Rage".

As credit lines gum up and outsiders plead for action, the health of the world economy is at risk.

"Nam principes non sunt timori boni operis sed mali. Vis autem non timere potestatem? Bonum fac, et habebis laudem ex illa", Romans 13:3.