Wednesday, January 2, 2013

Commentary on the fiscal deal of Jan 1, 2013

Surprise! Republican Leaders Have No Backbone  "On January 1, 2012 the Republican leadership broke their promise about not raising taxes on the rich. "The deal passed by the Senate early this morning, with the endorsement of all but seven of the 47 Republicans, would raise $620 billion in new revenue, hiking tax rates on households earning more than $450,000 a year." "  More...
The End of the GOP?   "Conservatives may at last be faced with their only alternative--a third party.  They have threatened to form one time and again, but have been persuaded for the sake of the country and party unity to put their concerns and even their principles on the back burner."

Editors at National Review Online say the deal was worth passing
"In our judgment, though, the deal was worth passing. It will result in less economic damage than either doing nothing (and thus letting all the tax cuts expire) or adopting Obama’s initial position would have. It will also give the federal government less revenue to spend than either of those alternatives. Conservatives who judge these matters differently should make their case without suggesting, falsely, that taxes would have stayed down if only McConnell, Boehner, et al. had not “caved.” Republicans who supported the deal, meanwhile, should not oversell it. Political parties and movements sometimes have to limit the damage that a different course of action would entail; they cannot make “limit the damage” their slogan and battle cry".

Our long national nightmare is over — for two months.

Thomas Sowell; Republicans Deserved to Lose "But, to this day, the Republican establishment still goes for pragmatic moderates who feed pablum to the public, instead of treating them like adults.
"It is not just Republican presidential candidates who cannot be bothered to articulate a coherent argument, instead of ad hoc talking points. Have you yet heard House Speaker John Boehner take the time to spell out why Barack Obama’s argument for taxing “millionaires and billionaires” is wrong?"
Why must it all be left to talk show hosts and columnists?
Political Cartoons by Glenn Foden
Dingy Harry wouldn't do the job so Senator McConnell turned to Crazy Joe to get it done
"The critical conversation between the offices of Harry Reid and Mitch McConnell came early Sunday afternoon, about 36 hours before Congress was set to teeter over the fiscal cliff. Reid, the majority leader, had been negotiating and trading ideas with McConnell, his minority counterpart, since Friday evening. But the soft-spoken Nevada Democrat drew a bold line in the sand midday Sunday: he had no more counter-offers to give. Suddenly and irreversibly, the talks veered into a new direction. Within minutes, the Kentucky Republican was dialing up Vice President Joe Biden..."
lucianne.com/

Bill Kristol says, Say Yes to the Mess  "So, enough House Republicans should vote yes to get the bill passed. And then immediately move on. For Republicans and conservatives need to get serious about what, substantively, they want to stand for over the next few years; about what, practically, they think they can accomplish during Obama's second term; and about what, politically, their strategy and tactics are for dealing with President Obama and for laying the groundwork for victories in 2014 and 2016". It's time for Republicans to show anger toward Obama, the Democrats and the media. Anger works for the left.

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