Quotes of the day

posted at 10:16 pm on November 19, 2012 by Allahpundit

Despite dramatic international news dominating the headlines across the globe, Americans are watching the negotiations to avoid the so-called “fiscal cliff” more closely than any other news story, according to a new poll from Pew Research.

A full third of Americans say they are “very closely” watching updates on the debate over the looming spending cuts and tax increases, outpacing other big news stories. Some 28 percent say they are closely following the investigation into the terrorist attack on American outposts in Benghazi, while 27 percent say they are paying close attention to the brewing Israeli-Palestinian conflict.

***

Public opinion is another. The U.S. economy resembles a sick patient who’s been put on a powerful drug: budget deficits. If the drug is withdrawn too abruptly, the patient relapses. That’s the fiscal cliff. But if the drug is never withdrawn, the patient may face highly toxic side effects. That’s a future financial crisis that occurs if lenders refuse to lend at low interest rates. It seems confusing, because it is confusing.

Curb those deficits — but not too fast. No one has adequately explained the messy choices to Americans. Not the president. Not major economists. Not congressional leaders. We are now as far away from the next election as we’ll ever be; the economy is in a modest recovery. Is there a better time to grapple with these perplexing and unpopular problems? Or do we gamble that we can drift along indefinitely?

***

Right now, Democrats are demanding that Republicans raise taxes while Republicans are demanding that Democrats agree to cut Social Security and Medicare spending. A grand bargain this fall, then, would mean that Republicans get to raise revenue from their own supporters (small-business job creators) in exchange for cutting spending for their own supporters (seniors). Genius! Much better to wipe the slate clean, and start over with more leverage for fundamental tax reform and structural entitlement reform.

What if we go off the fiscal cliff and Democrats still won’t negotiate? Then Republicans should make clear that they are willing to live with the higher, Clinton-era rates. It will be hard for the Democrats to paint such a scenario as an economic disaster, because letting the Bush tax cuts expire simply restores the status quo during the Clinton administration. During the campaign, President Obama repeatedly told us how he wants to “go back to the income tax rates we were paying under Bill Clinton — back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot.” Well if the Clinton tax rates were so great, let’s go back to all of the Clinton rates and relive the booming ’90s.

At least going back to the Clinton rates would put more people on the tax rolls, and give more Americans a stake in constraining government spending. It would also force all Americans — including the middle class — to pay for growing government services, instead of borrowing the money from China and passing the costs on to the next generation.

***

And then Niskanen, looking over 25 years of budget data, noticed something about ["starve the beast"]: It didn’t work. In fact, attempts to starve the beast by tax cuts seemed to lead to increased federal spending.

Niskanen looked at both spending and taxes as a percentage of GDP. On average, he found, if federal revenues declined by 1 percent, federal spend- ing increased by 0.15 percent. When revenues rose, on the other hand, relative spending decreased. A fur- ther study in 2009 by another Cato economist, Michael New, came to the same conclusion after the gluttonous administration of George W. Bush. Under Bush and his mostly Republican Congress, new benefits like subsidized Medicare drugs and increased federal education spending followed on the heels of large tax cuts.

Niskanen’s explanation for the failure of STB was straightforward, a conjecture based on standard eco- nomics: When you cut the price of something, demand for it will increase. Lowering taxes without lowering benefits meant that tax- payers were getting the benefits at a discount. The government made up the true cost with borrowed dollars that future taxpayers would have to repay. There was a big difference, Niskanen said, between a kid on an allowance and the federal government: The government has a credit card with no debt limit.

***

In fact, the rising American electorate represents a direct threat to the striking array of government benefits for the affluent that the conservative movement has won over the past 40 years. These include the reduction of the top income tax rate from 50 percent in 1986 to 35 percent; the 15 percent tax rate on dividend and capital gains income, which was 39.9 percent in 1977; the lowering of the top estate tax rate from 70 percent in 1981, with just $175,000 exempted from taxation, to a top rate of 35 percent this year with $5.1 million exempted from taxation…

In effect, the 21st century version of class conflict sets the stage for an exceptionally bitter face-off between the left and the right in Congress. The national government is facing the prospect of forced austerity, weighing such zero-sum choices as raising capital gains taxes or cutting food stamps, slashing defense spending or restricting unemployment benefits, establishing a 15 cents-a-gallon gasoline tax or pushing citizens off the Medicaid rolls, pushing central bank policy favorable to the financial services industry or curtailing Medicare eligibility.

In broader terms, the political confrontation pits taxpayers, who now form the core of the center-right coalition, against tax consumers who form the core of the center-left. According to the Tax Policy Center, 46.4 percent of all tax filers had no federal income tax liability in 2011 (although most people pay a combination of state, sales, excise, property and other levies).There are clear exceptions to this dichotomy, as many Social Security and Medicare beneficiaries (tax recipients) vote Republican, and many college-educated upper-income citizens of all races and ethnicities (tax payers) vote Democratic. Nonetheless, the overarching division remains, and the battle lines are drawn over how to distribute the costs of the looming fiscal crisis. The outcome of this policy fight will determine whether Limbaugh is correct to fear that his side has “lost the country.”

***

Via Gallup:

***

Via Mediaite.

***

Via the Daily Rushbo.

***



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Comment pages: 1 2 3

Axe on November 20, 2012 at 12:35 AM

I new you wood like that.

SparkPlug on November 20, 2012 at 12:38 AM

I old that he would.

Schadenfreude on November 20, 2012 at 12:41 AM

John the Libertarian on November 20, 2012 at 12:32 AM

.
Gotta love college football.. : )

Dire Straits on November 20, 2012 at 12:39 AM

.
I do . . . . . it’s the NFL that drives me bonkers.

listens2glenn on November 20, 2012 at 12:42 AM

Notre Dame actually played a pretty weak schedule this year: Navy, Boston College, Pitt, Purdue, Wake Forest, Michigan State (which was highly over-rated), Brigham Young

bw222 on November 20, 2012 at 12:33 AM

Agreed, but they did beat Stanford in overtime. It will be interesting to see them against USC, they seem to have a superstitious problem with the Trojans.

John the Libertarian on November 20, 2012 at 12:44 AM

SparkPlug on November 20, 2012 at 12:32 AM

Thanks. That was a great smack down. My guess is that bluegill is fugly. Most Republican women that hate Sarah Palin are.

bw222 on November 20, 2012 at 12:44 AM

listens2glenn on November 20, 2012 at 12:42 AM

I hear you..:)

Dire Straits on November 20, 2012 at 12:45 AM

Schadenfreude on November 20, 2012 at 12:41 AM

Lolz. Yeah who cares what Lenin had to say? I want to know what Ringo said about capitalists.

SparkPlug on November 20, 2012 at 12:45 AM

listens2glenn on November 20, 2012 at 12:34 AM

.
So I assume you are a fan of a playoff system for college football??..:)

Dire Straits on November 20, 2012 at 12:41 AM

.
Oh yeah.

Paterno was one of the first voices inside the NCAA to call for it, because of too many undefeated seasons that Penn State wasn’t awarded the National Championship.

I think it was four.

listens2glenn on November 20, 2012 at 12:46 AM

This is what I don’t get about field goals. If you hit that skinny upright it doesn’t count. But if you hit that HUGE space in between them it does.

Now what is harder to hit? A skinny pole or a huge gap the size of a barn.

Makes No sense.

SparkPlug on November 20, 2012 at 12:50 AM

John the Libertarian on November 20, 2012 at 12:44 AM

ND beat a 4-6 Pitt team in triple OT. Pitt opened the season by losing to FCS Youngstown State.

bw222 on November 20, 2012 at 12:51 AM

“I think the right media may have erred,” Dan Riehl, a contributor to Breitbart News and longtime proprietor of Riehl World News, told BuzzFeed a week after the election. “I think we let Obama get into our heads and we wound up campaigning against him, rather than for the things we believe in.”

http://www.buzzfeed.com/mckaycoppins/conservative-media-does-its-own-soul-searching-aft?s=mobile

Can.I.be.in.the.middle on November 20, 2012 at 12:52 AM

bw222 on November 20, 2012 at 12:33 AM

.
Agreed, but they did beat Stanford in overtime. It will be interesting to see them against USC, they seem to have a superstitious problem with the Trojans.

John the Libertarian on November 20, 2012 at 12:44 AM

.
Well, Notre Dame is Roman Catholic affiliated, and the Trojans are . . . . . contraceptives.

listens2glenn on November 20, 2012 at 12:52 AM

The only thing you can get me to agree with, is Rs are mostly cowards.

listens2glenn on November 20, 2012 at 12:27 AM

guys, you know the quote “The Capitalists will sell us the rope with which we will hang them.” that’s the one i mean.

i appreciate listen’s reading and re-reading my post…thank you.

r keller on November 20, 2012 at 12:53 AM

I like it when the Trojans get ribbed.

SparkPlug on November 20, 2012 at 12:53 AM

listens2glenn on November 20, 2012 at 12:46 AM

I knew that was where you were going..You make a great case for playoffs with 4 undefeated seasons..:)

Dire Straits on November 20, 2012 at 12:55 AM

I new you wood like that.

SparkPlug on November 20, 2012 at 12:38 AM

I old that he would.

Schadenfreude on November 20, 2012 at 12:41 AM

O man — you’re rewiring Schadenfreude!

“The Capitalists will sell us the rope with which we will hang them.” that’s the one i mean.

r keller on November 20, 2012 at 12:53 AM

Ah. Thanks. :)

Axe on November 20, 2012 at 12:55 AM

SparkPlug on November 20, 2012 at 12:53 AM

rofl..Good one..:)

Dire Straits on November 20, 2012 at 12:56 AM

But if the rope is made in china it will snap like a 10 pound test fishing line.

So Lenin is dead wrong.

SparkPlug on November 20, 2012 at 12:56 AM

I like it when the Trojans get ribbed.

SparkPlug on November 20, 2012 at 12:53 AM

.
Well, that beats my smart-assed remark. : )

listens2glenn on November 20, 2012 at 12:57 AM

listens2glenn on November 20, 2012 at 12:27 AM

can you prompt me a little by saying what you disagree with? I know this was harsh…but sadly, i’ve kind of at the point, well, i’ve been votin for a long time…a long time. And honestly, i have to say it hasn’t done much good.

And i’ve voted pretty much straight R. Now for sure i’m not going to vote D…so either 3 party…or same the time for other things (which is looking pretty good now)

r keller on November 20, 2012 at 12:57 AM

ND beat a 4-6 Pitt team in triple OT. Pitt opened the season by losing to FCS Youngstown State.

bw222 on November 20, 2012 at 12:51 AM

Which is exactly why I’m rooting for a Trojan upset. So that Ohio State is undefeated.

John the Libertarian on November 20, 2012 at 1:00 AM

So Lenin is dead wrong.

SparkPlug on November 20, 2012 at 12:56 AM

Needed a comma after dead, or a conjunction. :)

Axe on November 20, 2012 at 1:01 AM

//lurkmode

Axe on November 20, 2012 at 1:02 AM

listens2glenn on November 20, 2012 at 12:52 AM

Your comment was funny too.

SparkPlug on November 20, 2012 at 1:03 AM

I was in a love triangle with Jackie and B9. But then it turned into a love octagon with Jackie, B9, Scrumpy, 4Grace, GG, Twerp and Flora.

But that doesn’t make me a polygonmist.

SparkPlug on November 20, 2012 at 1:13 AM

John Podhoretz, the editor of Commentary and a prolific tweeter, rejected the notion that Obama’s reelection represented a failure of the conservative media. But he said that as the GOP tries to widen its tent in the coming months and years, conservative sites will need to stay out of the way — or better yet, cheer on the effort.

When do we start debating the role that conservative blogs played in the elections.

Can.I.be.in.the.middle on November 20, 2012 at 1:14 AM

listens2glenn on November 20, 2012 at 12:46 AM

.
I knew that was where you were going..You make a great case for playoffs with 4 undefeated seasons..:)

Dire Straits
on November 20, 2012 at 12:55 AM

.
In 1978, Penn State had an undefeated year. With it came their choice of “Bowl Game”.

They could have picked any (except the Rose Bowl), but they deliberately chose to play Alabama who had one loss on the season, and were ranked no. 2 in the country.

Alabama won 14 to 7.

listens2glenn on November 20, 2012 at 1:17 AM

Can.I.be.in.the.middle on November 20, 2012 at 12:52 AM

Obama campaigned entirely on division and against Romney/us.

He should have been punched back with real leather gloves, not with silky ones. The thug is a Chicagoan charlatan. I said it often, alas.

The Rs are incredible fools and, aside from Flora’s grandkids, all deserve what is coming, from the left to the right.

Only pain will teach them a good hard lesson.

Starve the looters and let the moochers go under, in pain, in the dark/cold.

SP, Obama is the rusult of Lenin having had sex with Mussolini, no matter what the former said.

Schadenfreude on November 20, 2012 at 1:17 AM

An excellent place for Boehner and the Republicans to start from would be the last budget passed by a Republican House, Republican Senate, and Republican President… passed in 2006 for Fiscal Year 2007 (October 1, 2006 – September 30, 2007).

See: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/hist01z1.xls

The FY 2007 Republican Budget featured:
Revenues: $2,567,985,000,000 ($2.57 Trillion)
Outlays: $2,728,686,000,000 ($2.73 Trillion)
Deficit: $160,701,000,000 ($0.16 Trillion)

The last four Fiscal Years under Obama, FY 2009-2012, the average per year has been:
Revenues: $2,259,945,000,000 ($2.26 Trillion)
Outlays: $3,593,125,000,000 ($3.59 Trillion)
Deficit: $1,333,180,000,000 ($1.33 Trillion)

The amount of new debt created under Obama in just four years, FY 2009-2012, is more than the amount of new debt that would have been created in 33 years of FY 2007 deficits. In one administration, Obama has created a generation’s worth of new debt.

Republicans, please start from where you left off… the FY 2007 budget. That is your starting point. NOT the FY 2009-2012 levels of spending!

ITguy on November 20, 2012 at 1:18 AM

But he said that as the GOP tries to widen its tent in the coming months and years, conservative sites will need to stay out of the way — or better yet, cheer on the effort.

When do we start debating the role that conservative blogs played in the elections.

Can.I.be.in.the.middle on November 20, 2012 at 1:14 AM

I agree with the first part, the staying out of the way. The GOP can widen its tent, dig a swimming pool, put in a barbeque pit — and conservative websites shouldn’t be anywhere near it.

I can’t imagine debating the role that conservative blogs played in the election. You could write AP.

Axe on November 20, 2012 at 1:19 AM

But that doesn’t make me a polygonmist.

SparkPlug on November 20, 2012 at 1:13 AM

No, it makes you and octagonist :)

Schadenfreude on November 20, 2012 at 1:21 AM

listens2glenn on November 20, 2012 at 1:17 AM

Good reason for a playoff system..But the bowls are going to scream bloody murder..:)

Dire Straits on November 20, 2012 at 1:22 AM

Goodbye, Bourbon Bowl.

Axe on November 20, 2012 at 1:24 AM

So Lenin is dead (and) wrong.

SparkPlug on November 20, 2012 at 12:56 AM

Gratis

Schadenfreude on November 20, 2012 at 1:24 AM

an octagonist

Schadenfreude on November 20, 2012 at 1:24 AM

//lurkmode

Axe on November 20, 2012 at 1:02 AM

On or off?

Schadenfreude on November 20, 2012 at 1:26 AM

One man with a gun can control 100 without one.
Vladimir Lenin

Schadenfreude on November 20, 2012 at 1:27 AM

On or off?

Schadenfreude on November 20, 2012 at 1:26 AM

It was on, but then Can.I. . . .

Ah, crap. :)

//On (again)

Axe on November 20, 2012 at 1:29 AM

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
Vladimir Lenin

this one brings a tear to my eye….

going2mars on November 20, 2012 at 1:33 AM

It is true that liberty is precious; so precious that it must be carefully rationed.

–Vladimir Lenin

Schadenfreude on November 20, 2012 at 1:37 AM

When one makes a Revolution, one cannot mark time; one must always go forward – or go back. He who now talks about the “freedom of the press” goes backward, and halts our headlong course towards Socialism.
Vladimir Lenin

this ones catchy…we know which way were going….

going2mars on November 20, 2012 at 1:39 AM

The way to crush the bourgeoisie middle class is to grind them between the millstones of taxation and inflation.

/modern left

r keller on November 20, 2012 at 1:40 AM

While the State exists there can be no freedom; when there is freedom there will be no State.
Vladimir Lenin

Schadenfreude on November 20, 2012 at 1:42 AM

In fact, the rising American electorate represents a direct threat to the striking array of government benefits for the affluent that the conservative movement has won over the past 40 years. These include the reduction of the top income tax rate from 50 percent in 1986 to 35 percent; the 15 percent tax rate on dividend and capital gains income, which was 39.9 percent in 1977; the lowering of the top estate tax rate from 70 percent in 1981, with just $175,000 exempted from taxation, to a top rate of 35 percent this year with $5.1 million exempted from taxation.

See that. Allowing you to keep your money is a striking array of government benefits. You own nothing and they let you keep a bit as a benefit like welfare.

DFCtomm on November 20, 2012 at 1:42 AM

It is true that liberty is precious; so precious that it must be carefully rationed.
–Vladimir Lenin

Schadenfreude on November 20, 2012 at 1:37 AM

Wow. That Lenin guy is a misanthrope.

SparkPlug on November 20, 2012 at 1:43 AM

Give us the child for 8 years and it will be a Bolshevik forever.
Vladimir Lenin
Our program necessarily includes the propaganda of atheism.
Vladimir Lenin
The best way to destroy the capitalist system is to debauch the currency.
Vladimir Lenin
Democracy is indispensable to socialism.
Vladimir Lenin
The press should be not only a collective propagandist and a collective agitator, but also a collective organizer of the masses.
Vladimir Lenin

the man was a laff a minute…
i bet he was a hoot at cocktail parties…

going2mars on November 20, 2012 at 1:45 AM

Hunchback on TCM…

equanimous on November 20, 2012 at 1:49 AM

See that. Allowing you to keep your money is a striking array of government benefits. You own nothing and they let you keep a bit as a benefit like welfare.

DFCtomm on November 20, 2012 at 1:42 AM

May that author go straight to Hades.

Schadenfreude on November 20, 2012 at 1:51 AM

oh yeh… almost forgot.

http://www.youtube.com/watch?v=0DnCS7uXueQ

equanimous on November 20, 2012 at 1:52 AM

The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them in parliament.
Vladimir Lenin
Read more at http://www.brainyquote.com/quotes/authors/v/vladimir_lenin_2.html#RSEGKEqSzoxkcRA1.99

the man is the groucho marx of communism..

were in for a long four years my friends..

going2mars on November 20, 2012 at 1:57 AM

the ever helpful David Brooks has sliced and diced the various threads of conservatives as he sees them….(i’m sure this will be one of the qotd tomorrow)

however, more interesting is the comments. You can pretty much expect leftists commenting at the nyt….but these people have serious emotional issues with conservatives (maybe their abusive nanny had a father that was conservative)

there’s even some guy from India (a professor no less) who inveighs against the Tea Party…pretty funny stuff.

r keller on November 20, 2012 at 1:58 AM

When do we start debating the role that conservative blogs played in the elections.

Can.I.be.in.the.middle on November 20, 2012 at 1:14 AM

Hear, Hear…conservative pundits also. Rush just about lost me when he said “I was moved by the convention”. *sigh*

tencole on November 20, 2012 at 2:04 AM

Rush just about lost me when he said “I was moved by the convention”. *sigh*

tencole on November 20, 2012 at 2:04 AM

Why am I not suprised..??!!??

Dire Straits on November 20, 2012 at 2:10 AM

One man with a gun can control 100 without one.
Vladimir Lenin

Schadenfreude on November 20, 2012 at 1:27 AM

.
True story, as related by Donald Burgett in his second book which covered his action in Holland (operation “Market Garden”).

He related a conversation with some Dutch locals, who told him of a German soldier keeping an entire village under control for a short time with only a pistol. Somehow he had lost his other weapons, before this encounter. It didn’t last long, as the frustrated German finally left with everybody watching him, as he went.

Donald Burgett said he had marveled at this story, because he couldn’t envision an entire community of people unarmed.
But that was the way it was in Holland, up to that time.

He pointed out that nothing like that could have happened in the United States (in the 1940s, anyway).

BTW, he wrote a total of four books covering his training and combat experiences. They’re ALL well worth it.

listens2glenn on November 20, 2012 at 2:33 AM

oh yeh… almost forgot.

…http://www.youtube.com/watch?v=0DnCS7uXueQ

equanimous on November 20, 2012 at 1:52 AM

That was somewhat disturbing and sad. I looked up what it referred to last night when you put it up, but I still do not get what you are trying to convey.

Night Owl on November 20, 2012 at 2:36 AM

there is a live presser on FOX
from phnom penh…

going2mars on November 20, 2012 at 2:40 AM

hillary is off to Israel and Gaza
a day late a a few hundred missiles later…

going2mars on November 20, 2012 at 2:49 AM

For every billion dollars they take us into debt, all Senators and Congresspeople lose one dollar from their paychecks.

The deficit would be solved within a week.

profitsbeard on November 20, 2012 at 3:51 AM

*************** Alert ********************


A total of 37 rockets were fired into Israel Tuesday morning, according to police – @Jersualem_Post

4 mins ago from http://www.jpost.com by editor

White House: Obama has not asked Israel to hold off on an ground invasion of Gaza – @Haaretzcom

11 mins ago from http://www.haaretz.com by editor

Militants in Gaza fire 30 Grad rockets toward Israel’s Be’er Sheva, 4 land inside the city – @Haaretzcom

12 mins ago from http://www.haaretz.com by editor

Update: US Secretary of State Clinton will not meet with representatives of Hamas during Middle East diplomacy trip- @NBCNews

21 mins ago by editor
==========================

More: Hillary Clinton to meet with Israeli PM Netanyahu first, will then meet with Palestinian Authority in Ramallah – @ChuckTodd

1 hour ago by editor
=========================

canopfor on November 20, 2012 at 4:00 AM

Meanwhile,back at Golan Heights Winery………………


SFV4I ‏@SFV4I

We interupt #israelunderfire to bring you good news – Golan Heights Winery is New World Winery of 2012! http://bit.ly/T8Jybk #BDS

http://igoogledisrael.com/2012/11/israeli-wine-strikes-again-golan-heights-winery-named-new-world-winery-of-2012/
==============================================

Via:

https://twitter.com/search?q=%23IsraelUnderFire&src=hash

canopfor on November 20, 2012 at 4:07 AM


********************** Alert **********************

Gunman fires shots at the US Embassy in Tel Aviv, Israel, wounding a guard; gunman apprehended by police – Israel Radio via @Reuters

35 secs ago by editor

http://live.reuters.com/Event/Conflict_on_the_Gaza_Strip
=========================================================

http://www.breakingnews.com/

canopfor on November 20, 2012 at 4:20 AM

**UpDate?


FLASH: Attacker at U.S. embassy in Tel Aviv did not open fire, but stabbed a guard, who fired warning shots, police sources confirm
by andrew.binet 4:20 AM
=======================

http://live.reuters.com/Event/Conflict_on_the_Gaza_Strip

canopfor on November 20, 2012 at 4:22 AM

canopfor on November 20, 2012 at 4:22 AM

Thanks for the updates. I hope the Israeli’s don’t need our help, what with Mr. Light Footprint in charge of things.

Night Owl on November 20, 2012 at 4:54 AM

squishy gop to cave….taxes now, spending cuts never…

SSDD

cmsinaz on November 20, 2012 at 5:38 AM

hillary is off to Israel and Gaza
a day late a a few hundred missiles later…

going2mars on November 20, 2012 at 2:49 AM

wow

yeah, they’re going to listen to Hil…

bibi do your own thing…

cmsinaz on November 20, 2012 at 5:39 AM

Night Owl on November 20, 2012 at 4:54 AM

2nd that….thanks C :)

cmsinaz on November 20, 2012 at 5:41 AM

forget fiscal cliff, benghazi attack or that little conflict in israel…let’s focus on defending susan rice
-lsm

laser focused on the news…

cmsinaz on November 20, 2012 at 5:55 AM

Mourning, CMS…

OmahaConservative on November 20, 2012 at 6:15 AM

Allen West just announced he’s conceding.

Night Owl on November 20, 2012 at 6:23 AM

Mornin’, y’all. Hil’s headed to Gaza? Oh, Lord. Morsi wants to mediate. My take.

kingsjester on November 20, 2012 at 6:41 AM

OmahaConservative on November 20, 2012 at 6:15 AM

morning OC…
*sigh*

cmsinaz on November 20, 2012 at 6:43 AM

kingsjester on November 20, 2012 at 6:41 AM

*shaking the head*

bibi will stand strong….hilary?

cmsinaz on November 20, 2012 at 6:45 AM

Night Owl on November 20, 2012 at 6:23 AM

dang it…

cmsinaz on November 20, 2012 at 6:46 AM

Dark times ahead.

esr1951 on November 20, 2012 at 6:50 AM

Lt. Col. West is a brave man. But, even he can not fight all the corruption alone.

kingsjester on November 20, 2012 at 6:50 AM

Isn’t Hillary getting too ragged to try and broker peace?

OmahaConservative on November 20, 2012 at 7:02 AM

Hil is not Golda Meir. She doesn’t stand a chance.

kingsjester on November 20, 2012 at 7:06 AM

What if we go off the fiscal cliff and Democrats still won’t negotiate? Then Republicans should make clear that they are willing to live with the higher, Clinton-era rates. It will be hard for the Democrats to paint such a scenario as an economic disaster, because letting the Bush tax cuts expire simply restores the status quo during the Clinton administration. During the campaign, President Obama repeatedly told us how he wants to “go back to the income tax rates we were paying under Bill Clinton — back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot.” Well if the Clinton tax rates were so great, let’s go back to all of the Clinton rates and relive the booming ’90s.

What about the additional taxes people pay now? For starters there are the $38 billion in Obamacare taxes.

Terrye on November 20, 2012 at 7:09 AM

eeyore alert on this fiscal cliff

i just know gop is going to give in on taxes expecting the dems to honor the entitlement reforms

ain’t going to happen

cmsinaz on November 20, 2012 at 7:15 AM

Think about this……

Since 1789, the Federal government has NEVER gotten smaller.

It’s like local officials who come up with goodies during bond/sales tax elections. The citizens want parks, and performing art centers, and soccer fields, and wider streets. And the public officials have been feeding us that candy for nearly 225 years.

Will Americans ever not want these sweet goodies?

Prediction:
Conservatives will be disappointed, because the power and scope of the Federalistas will explode in the next four years.

PappyD61 on November 20, 2012 at 7:22 AM

Why would anyone trust the solution to the ‘fiscal cliff’ to the guys who brought you the fiscal cliff?

They wanted the tax rates to expire for a one time deficit increase.

That was the deal.

Stick to it.

Stop the spending.

ajacksonian on November 20, 2012 at 7:27 AM

One thing that seems to get lost in all the rhetoric is the low interest rates seniors get on their nest egg savings that used to give a little cushion. They get higher tax rates on their IRA deductions for withdrawals they are forced to take. Food prices keep going up and if you are advanced age that retirement check from your former employer keeps losing and losing in buying power. We learned many, many years ago if you spend more than you take in then bad things will happen. If we can ever get back to issues and public policy in this country instead of calling every body racist, homophobes, or _______(insert favorite slur here) maybe there is hope. Democrats are Bad A$$es for seniors and no hope.

Herb on November 20, 2012 at 10:09 AM

We are now as far away from the next election as we’ll ever be; the economy is in a modest recovery.

I still can’t haven’t found a full time position and butter is $4/lb. Recovery? Where?

College Prof on November 20, 2012 at 10:10 AM

I wish Boehner would get rid of that pussytie.

disa on November 20, 2012 at 12:41 PM

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