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Obama postures as fiscal cliff looms
Power Line, by Paul Mirengoff

Original Article

Posted By:Dreadnought, 12/8/2012 11:29:43 PM

President Obama said in his radio address today that going over the so-called financial cliff “would be bad for families, it would be bad for businesses, and it would drag down our entire economy.” “Bad all around,” as Sam Spade would say. Most people understand this. The question is, how far will Obama go to avoid “the cliff.” On this question, Obama said that he will not sign a package that does not include a rate increase on wealthy Americans. “That’s one principle I won’t compromise on,” he reiterated. Everyone understands this too. The question is

      


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Reply 1 - Posted by: IowaDad, 12/8/2012 11:34:04 PM     (No. 9055959)

One principle I won´t yield on either. I don´t care about the fiscal pot-hole, but I won´t allow this country to hurtle toward the abyss of bankruptcy.

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Reply 2 - Posted by: get er done, 12/9/2012 12:50:06 AM     (No. 9055978)

Obama has been posturing by raising his middle finger in public photos for the past four years. All of the "posturing" in the world will not create jobs, fairly win an election, or make Obama Constitutionally qualified to be president. When did he become a person of "principle?"

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Reply 3 - Posted by: iamtinman, 12/9/2012 1:26:51 AM     (No. 9055996)

Barack Obama lives by a far different set of "principles" than I do, or I hope most of my fellow americans. He is too willing to put america over the fiscal cliff over just enough money to run the country for about a week. That´s not the tactic of a president, that´s the act of a demigog! For the Senate to follow along like whipped puppies is disgusting. There is no honor in this administration or in its´ slavering lackies in the media.

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Reply 4 - Posted by: Trigger2, 12/9/2012 3:49:55 AM     (No. 9056033)

Barry WANTS the country to go over the cliff with punishing Death Bill taxes, expiration of the Bush tax cuts, and that ridiculous trillion dollar cut to the military. He HAS plans to take all that money and come up with even more wasteful programs.

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Reply 5 - Posted by: Spidey, 12/9/2012 6:15:02 AM     (No. 9056073)

Obama caught holy hell from his base the last time he extended the tax cut on the rich,that´s why he´s making that the front and center issue this time around. He flooding the airwaves and internet banners pushing for it.

Obama will cave on this if republicans stick to their guns.Obama can then say he fought as hard as he could but he couldn´t let the country go in a ditch.

Boehners mailbox was burning up last week with people mad about the revenue offers and him punishing tea party members.

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Reply 6 - Posted by: retcpo, 12/9/2012 11:27:57 AM     (No. 9056474)

It is apparent to me that the Dems want to eliminate all Federal taxes, Income and Payroll and extend unemployment until they can get them on permanent disability and build enough of a base to ensure their permanet investiture in the halls of power. Eventually they will collect the needed revenue from the rich, those who make over 60K.

So, let us go over the cliff now rather than Mt. Everest later. Raise taxes on everyone as under that wonderful Clinton Era, institute those dreaded automatic cuts and put and end to ruining what is left of Social Security & Meicare and building a permanent unemployed class.

We will soon know if more or less revenue is generated this way or not and make future adjustments accordingly based on results, but everyone but the truly needy needs to participate and this ugly class warfare need to stop.

In this instance we should welcome the cliff.

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