Monday, December 10, 2012

Waiting to see what Obama is going to do to us with taxes

Obama vague on naming spending cuts  "He spoke one day after meeting privately at the White House with House Speaker John Boehner, whose office expressed frustration with the talks to date.
"We continue to wait for the president to identify the spending cuts he's willing to make as part of the 'balanced' approach he promised the American people,'" said a written statement from the Ohio Republican's office.

From the Wall Street Journal, under "The Republican Tax Panic":  The GOP should negotiate with Obama, not each other. .  "If any Republicans thought that President Obama would respond with magnanimity in victory, they now know better. He is determined to rout them on taxes, give as a little as possible on spending, and blame them for any economic damage in the bargain. ..."So it's a shame that Republicans are playing into Mr. Obama's hands, negotiating in public among themselves, prematurely giving up on the tax issue and undermining House Speaker John Boehner in the process. Mr. Obama isn't going to blink on the budget if he thinks Republicans are going to blink first, and so far the emerging GOP position seems to be to surrender on taxes first and hope Mr. Obama will have mercy on them later on entitlements."

Obama tax plan no small deal to small businessmen  "House Speaker John Boehner and other Republicans have said they are open to more tax revenue through reducing or eliminating tax breaks. But Boehner opposes Obama's proposal to increase tax rates on high earners.
" "Raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong," Boehner, said recently. "It's only going to make it harder for our economy to grow. And if our economy doesn't grow, Americans don't get new jobs and the debt problem that we have will continue to threaten our children's future." "

Charles Krauthammer; Obama’s objective is to fracture the Republican majority in the House.
"This is why he sent Treasury Secretary Tim Geithner to the Republicans to convey not a negotiating offer but a demand for unconditional surrender. House Speaker John Boehner had made a peace offering of $800 billion in new revenues. Geithner pocketed Boehner’s $800 billion, doubled it to $1.6 trillion, offered risible cuts that in 2013 would actually be exceeded by new stimulus spending, and then demanded that Congress turn over to the president all power over the debt ceiling."

1 comment:

Ronbo said...

Obama is moving on to his next target: The destruction of the U.S. economy - and as an added bonus it looks like the GOP is going down in flames!

What's next? Insurrection?

"I've seen the future, and brother it's MURDER!" -- Leonard Cohen

Thanks for posting on my blog - it makes feel like I'm not the only voice crying in the wilderness.

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