Quotes of the day

posted at 10:11 pm on November 29, 2012 by Erika Johnsen

Boehner said he was “disappointed” after a phone call with Obama on Wednesday night and a meeting with Treasury Secretary Timothy Geithner on Thursday moved the two sides no closer to an agreement to avert the tax hikes and spending cuts that will be triggered at the start of 2013 unless Congress intervenes.

“I’m disappointed in where we are and disappointed in what’s happened over the last couple of weeks,” Boehner, of Ohio, told reporters after a private session with Geithner at the Capitol.

No substantive progress has been made in the talks between the White House and the House over the last two weeks,” he said. “There’s been no serious discussion of spending cuts so far, and unless there is, there’s a real danger of going off the fiscal cliff.”

***

President Obama offered Republicans a detailed plan Thursday for averting the year-end “fiscal cliff” that calls for $1.6 trillion in new taxes, $50 billion in fresh spending on the economy and an effective end to congressional control over the size of the national debt.

The proposal, delivered to the Capitol by Treasury Secretary Timothy F. Geithner, mirrors previous White House deficit-reduction plans and satisfies Democrats’ demands that negotiations begin on terms dictated by the newly-reelected president. …

Senate Minority Leader Mitch McConnell (R-Ky.) called the proposal a “step backward” from compromise…

“This is a real problem. Every day, the delay brings us one step closer to the fiscal cliff that we simply must avoid,” McConnell said.

***

Avoid letting the latest figure on U.S. economic activity cheer you. Gross domestic product in the third quarter did indeed grow, but that expansion was built on a weak structure that threatens to collapse. …

Dim gloom now hovers over the end of 2012. Market participants say a fiscal cliff solution is key to motivating both shoppers and businesses. So far, only contradictory and perplexing signals emanate from Washington, D.C., even though the anxiety and worry threatens to dampen the critical Christmas shopping period, in which retailers derive 40% of annual revenue.

Economists currently predict fourth-quarter economic growth between 1% to 1.5%. This would be the lowest point in two years, and a far cry from the level needed to substantial improve the economy or lower unemployment.

***

Already, local news stations are running “fiscal cliff” countdown clocks. Fevered curiosity over the ebb and flow of cliff negotiations is rising and may soon creep near the Kardashian or One Direction pop-culture summit. When the fate of marginal tax rates and the Medicare eligibility age compete with boy bands and wannabee wannabees, you know legislative hysteria is on the loose. …

Hysteria, like a hangman’s noose, focuses the mind. It can transform rock-ribbed ideologies into Silly Putty—or at least soggy holiday fruitcake. It can turn voters and those who represent them into instant pragmatists. When fiscal-cliff negotiations and not reindeer hooves become this year’s holiday clatter, it will be because voters know what is the matter: Washington, if it remains paralyzed, will sentence the country to the first premeditated recession not imposed by German bankers (pity the Greeks) in the history of Western civilization.

***

Democrats have some inherent advantages in the impending fiscal negotiations, but they are mercilessly exploiting one advantage they do not deserve at all: their claim that they wish only to raise the top rate of income tax to 1990s levels. That’s true for 2013. But in 2014, the taxes in Obamacare bite. With those surtaxes, the top rate of tax will rise beyond the Clinton levels to levels not seen since before the tax reform of 1986. That’s a point that deserves repetition and underscoring, again and again.

***

For these wealthy taxpayers, powerful accountants and tax lawyers always make sure their “income” is rarely subject to top marginal tax rates. But that’s not the case for small-business owners who make far less but are still subjected to the pain of tax hike plans passed under the guise of making the tax code more equitable. Because these taxpayers can’t afford the best accountants that money can buy, they bear the brunt of Washington’s feel-good fantasy tax on the ultra-rich.

If politicians really want to make millionaires and billionaires pay at a tax rate that most of us endure on April 15th, their moral pangs would be soothed more effectively by following Buffett’s minimum tax plan or focusing on raising the tax rates on capital gains and carried interest. As Mr. Buffett told me yesterday, the richest Americans won’t be affected by the President’s plan to push the top marginal income tax rate back to 39.6 percent.

***

But if raising taxes would lead us toward trouble, why would raising taxes only on some people (“the rich”) not have some of the same harmful effect? Since the top 1% of income-earners pay about 40% of the income tax, raising taxes only on the 1% still significantly increases the tax burden on the private sector. …

Any notion that it matters whom you tax is simply a parlor game played by the class-warfare crowd. There are only two repositories of money—the private sector (which efficiently distributes goods) and the public sector (which doesn’t distribute anything well). No central planner possesses the omniscience to assign fairness. The only guide to fairness of distribution that I can imagine is the minute-by-minute vote of the most exacting and direct democracy ever known: the marketplace. …

Any legislator considering capitulating on the Taxpayer Protection Pledge should remember that revenue is down now because of the recession and slow economic growth, not because of the lower tax rates that have been in place for almost a decade. Raising revenue by increasing rates or ending deductions won’t spur the economy. It may even depress the meager economic growth we have and raise less tax revenue.

***

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This is the stupidest idea I have ever seen…
http://www.msnbc.msn.com/id/50021337

OmahaConservative on November 30, 2012 at 2:20 AM

“So if anyone tells you, ‘There he is, out in the desert,’ do not go out; or, ‘Here he is, in the inner rooms,’ do not believe it. For as lightning that comes from the east is visible even in the west, so will be the coming of the Son of Man. Wherever there is a carcass, there the vultures will gather.”

I’m not supposed to compromise a few things. I’m not sure, but I think Islam has a few admonitions against getting too cozy with Christians and Jews. As for Jews — who knows? They’re sneaky.

Anyway, you can bring religion into political correctness, subdue it, but you will never be able to bring a single knower of God into subjugation because God’s not politically correct. Another way, the Church will not fit into the state. All these sorts of things are attempts to religious structures into the great societies, but these two things will always be at war — if God is, and if he isn’t the state.

Axe on November 30, 2012 at 2:38 AM

*to appropriate. What happened to my “appropriate?”

Axe on November 30, 2012 at 2:41 AM

Now you’ve earned a DUUUUDE. My absolute favorite song by him.

4Grace on November 30, 2012 at 2:32 AM

I was so right to share my mix tape.

Sandwich?

Axe on November 30, 2012 at 2:42 AM

I was so right to share my mix tape.

Sandwich?

Axe on November 30, 2012 at 2:42 AM

Why, thank you! Creamy or crunchy pb?

4Grace on November 30, 2012 at 2:46 AM

Let it burn. The conservatives will be blamed either way. If they cave and it goes to crap, they will say: “Why did you let it happen?” if they force the issue they will be blamed for the increase in taxes. Maybe after some of the 47% have to actually pay for the free sh@t, they will pay attention to the government. I will glady pay 4K more per a year to watch the democrats and the squishy repubs pay the price for stupidity.

uncommon sense on November 30, 2012 at 2:50 AM

Why, thank you! Creamy or crunchy pb?

4Grace on November 30, 2012 at 2:46 AM

Um. Creamy?

Axe on November 30, 2012 at 2:52 AM

Why, thank you! Creamy or crunchy pb?

4Grace on November 30, 2012 at 2:46 AM

Um. Creamy?

Axe on November 30, 2012 at 2:52 AM

Crunchy, there is nothing like a little glass, sand, or some other device in the PB :)

uncommon sense on November 30, 2012 at 2:55 AM

4Grace has blessed us with her Grace again tonight. I have been busy hiding from the authorities.

SparkPlug on November 30, 2012 at 2:56 AM

Um. Creamy?

Axe on November 30, 2012 at 2:52 AM

Cool. Crunchy is the ultimate, but we should probably take it slow.

lol

4Grace on November 30, 2012 at 2:57 AM

Cool. Crunchy is the ultimate, but we should probably take it slow.

lol

4Grace on November 30, 2012 at 2:57 AM

O thank God.

*wipes forehead*

You might want to check it for glass. Uncommon’s getting a little weird.

Axe on November 30, 2012 at 2:59 AM

Axe on November 30, 2012 at 2:59 AM

Hey, just sayin… look at the competence of the regulators :)

uncommon sense on November 30, 2012 at 3:00 AM

Axe on November 30, 2012 at 2:59 AM

You obviously have not read the reports on rats falling into the machine that makes smooth peanut butter crunchy.

That’s why its crunchy from the rat bones.

SparkPlug on November 30, 2012 at 3:01 AM

4Grace has blessed us with her Grace again tonight. I have been busy hiding from the authorities.

SparkPlug on November 30, 2012 at 2:56 AM

Hiya, Spark! Yes, I’ve been “blessing” these patient folks with my fuzzy memories of concerts past.

Don’t worry. Even though I have that SPGPS you invented, I’ll never give up your location to the authorities.

4Grace on November 30, 2012 at 3:01 AM

Mitch McConnell has a turkey neck.

SparkPlug on November 30, 2012 at 3:03 AM

uncommon sense on November 30, 2012 at 3:00 AM

Good evening/morning, uncommon. Nice to see you.

4Grace on November 30, 2012 at 3:03 AM

You obviously have not read the reports on rats falling into the machine that makes smooth peanut butter crunchy.

That’s why its crunchy from the rat bones.

SparkPlug on November 30, 2012 at 3:01 AM

Lets go full conspiracy, statics say that conservatives favor crunchy by 75%, those aren’t rat bones… it is glass and other indigestible things that do permanent damage… just sayin :)

uncommon sense on November 30, 2012 at 3:04 AM

4Grace on November 30, 2012 at 3:01 AM

Thanks. I must remain at large in however small a way I am able.

SparkPlug on November 30, 2012 at 3:04 AM

Good evening/morning, uncommon. Nice to see you.

4Grace on November 30, 2012 at 3:03 AM

Hi Grace, always a pleasure to be blessed with your presence>

uncommon sense on November 30, 2012 at 3:04 AM

uncommon sense on November 30, 2012 at 3:04 AM

Broken glass, asbestos and toluene.

SparkPlug on November 30, 2012 at 3:05 AM

Broken glass, asbestos and toluene.

SparkPlug on November 30, 2012 at 3:05 AM

I knew you would understand SP :)

uncommon sense on November 30, 2012 at 3:06 AM

One PB&J sammich I ate had enough broken glass in it to make a Tiffany lamp.

SparkPlug on November 30, 2012 at 3:07 AM

Sorry to have such Gallows humor, but I have found that strange times require it.

uncommon sense on November 30, 2012 at 3:08 AM

One PB&J sammich I ate had enough broken glass in it to make a Tiffany lamp.

SparkPlug on November 30, 2012 at 3:07 AM

I was wondering where my Tiffany Lamp went… o_O

SWalker on November 30, 2012 at 3:10 AM

Broken glass, asbestos and toluene.

SparkPlug on November 30, 2012 at 3:05 AM

Lolz. Goodness gracious, this is getting serious. I take my pb very serious indeed. Rat bones, glass, asbestos, toluene? No way. I say kitty litter…at the most.

4Grace on November 30, 2012 at 3:10 AM

uncommon sense on November 30, 2012 at 3:08 AM

Well when you HANG around here long enough you can die laughing.

SparkPlug on November 30, 2012 at 3:10 AM

@Dire

4me

Broken glass, asbestos and toluene.

SparkPlug on November 30, 2012 at 3:05 AM

I think you mean broken glass, asbestos, and LSU.

Axe on November 30, 2012 at 3:10 AM

One PB&J sammich I ate had enough broken glass in it to make a Tiffany lamp.

SparkPlug on November 30, 2012 at 3:07 AM

Now, if you can reassemble the corn that you ate in the last few days, if I give you a cob, than I believe that this administration will provide you an ambassadorship, or even the ambassadorship to the UN. :-0

uncommon sense on November 30, 2012 at 3:10 AM

Lolz. Goodness gracious, this is getting serious. I take my pb very serious indeed. Rat bones, glass, asbestos, toluene? No way. I say kitty litter…at the most.

4Grace on November 30, 2012 at 3:10 AM

You do realize that you have described doggie Almond Roche….Right? :-)

uncommon sense on November 30, 2012 at 3:12 AM

I was wondering where my Tiffany Lamp went… o_O

SWalker on November 30, 2012 at 3:10 AM

Knowing that you are in Ca, like me, I figured it had been taken by moonbeam to help fund the un-highspeed rail through the central valley.

uncommon sense on November 30, 2012 at 3:14 AM

4Grace on November 30, 2012 at 3:10 AM

Kitty litter tastes like grape nuts cereal.

And it way easier on the budget.

SparkPlug on November 30, 2012 at 3:15 AM

SWalker on November 30, 2012 at 3:10 AM

Hehe,

SparkPlug on November 30, 2012 at 3:17 AM

On topic.

No one click it though.

Axe on November 30, 2012 at 3:17 AM

SWalker on November 30, 2012 at 3:10 AM

Knowing that you are in Ca, like me, I figured it had been taken by moonbeam to help fund the un-highspeed rail through the central valley.

uncommon sense on November 30, 2012 at 3:14 AM

That’s why I hid it in the peanut-butter, so ole moonedusagain wouldn’t get it… o_O

SWalker on November 30, 2012 at 3:17 AM

You do realize that you have described doggie Almond Roche….Right? :-)

uncommon sense on November 30, 2012 at 3:12 AM

ROFL

4Grace on November 30, 2012 at 3:17 AM

Kitty litter tastes like grape nuts cereal.

And it way easier on the budget.

SparkPlug on November 30, 2012 at 3:15 AM

only if you throw some fruit into it :)

uncommon sense on November 30, 2012 at 3:18 AM

Kitty litter tastes like grape nuts cereal.

SparkPlug on November 30, 2012 at 3:15 AM

. . .

Axe on November 30, 2012 at 3:20 AM

ROFL

4Grace on November 30, 2012 at 3:17 AM

Glad you enjoyed that. I’m in rather a mood tonight.

uncommon sense on November 30, 2012 at 3:21 AM

Kitty litter tastes like grape nuts cereal.

SparkPlug on November 30, 2012 at 3:15 AM

. . .

Axe on November 30, 2012 at 3:20 AM

Yea, I really don’t want to know how he knows that either… ;p

SWalker on November 30, 2012 at 3:21 AM

No one has yet dominated the market for edible furniture.

That is until now. When I release my line of nutritious recliners I will have a monopoly.

SparkPlug on November 30, 2012 at 3:21 AM

No one has yet dominated the market for edible furniture.

That is until now. When I release my line of nutritious recliners I will have a monopoly.

SparkPlug on November 30, 2012 at 3:21 AM

It will totally redefine the concept of eating someone out of house and home… ;p

SWalker on November 30, 2012 at 3:22 AM

Well, I’m off (my rocker).

Goodnight, guys. Have a blessed Friday!

4Grace on November 30, 2012 at 3:22 AM

SWalker on November 30, 2012 at 3:22 AM

Vwwaaaaa. Hilarious.

SparkPlug on November 30, 2012 at 3:23 AM

Well, I’m off (my rocker).

Goodnight, guys. Have a blessed Friday!

4Grace on November 30, 2012 at 3:22 AM

Sigh…Fridays are only blessed when their is a pay check involved. And with that, I’m out for the evening as well. Night everyone…

SWalker on November 30, 2012 at 3:24 AM

No one has yet dominated the market for edible furniture.

That is until now. When I release my line of nutritious recliners I will have a monopoly.

SparkPlug on November 30, 2012 at 3:21 AM

You might think this is the case… but menthol or grape flavored recliners will soon become regulated by the government, as this will require FDA and EPA approval, plus you will have to list the calorific content of, said furniture, and this will put you on Moochele’s deragatory food list to be banned by schools as it doesn’t provide enough nutrition to the future communist class… oops, I mean students.

uncommon sense on November 30, 2012 at 3:26 AM

Goodnight, guys. Have a blessed Friday!

4Grace on November 30, 2012 at 3:22 AM

Night Grace. :)

Sigh…Fridays are only blessed when their is a pay check involved. And with that, I’m out for the evening as well. Night everyone…

SWalker on November 30, 2012 at 3:24 AM

Night SWalker. :)

Axe on November 30, 2012 at 3:27 AM

This thread will now pause for a brief commercial message.

“Have you visited the HA snack bar? Well come on over. We have snacks for young and old.”

SparkPlug on November 30, 2012 at 3:31 AM

Also on topic.

O Fortuna, Subtitled for Additional Angst

Axe on November 30, 2012 at 3:31 AM

Well, I’m off (my rocker).

Goodnight, guys. Have a blessed Friday!

4Grace on November 30, 2012 at 3:22 AM

I’m starting to develop a conspiracy theory, that grace leaves, when I log in… this must be a fact, as I deem it such.

Good night Grace, may you have wonderful dreams in these strange times.

uncommon sense on November 30, 2012 at 3:32 AM

Your Decision. (And it always was.)

Night guys.

See you on the other side.

Morning guys.

. . .

*poof*

Axe on November 30, 2012 at 4:19 AM

well the lsm is already blaming beohner for the stall in talks…the meme is one we all predicted here on HA

here we go…

cmsinaz on November 30, 2012 at 5:38 AM

ot: just watched ‘for greater glory’ last night…

great movie….even mr cmsinaz noticed parallels between that mexican president and dear leader…

cmsinaz on November 30, 2012 at 5:42 AM

Democrats are increasingly confident that rank-and-file Republicans will cave on taxes

Read more: http://www.politico.com/story/2012/11/dems-bet-big-that-gop-caves-on-taxes-84427.html#ixzz2DhaJLZL4

eeyore alert on squishy gop
——————————————–

lsm already bashing mcconnell for laughing at timmy

cmsinaz on November 30, 2012 at 5:51 AM

Semi-ff-topic,,,When the going gets tough…My take.

kingsjester on November 30, 2012 at 6:27 AM

kingsjester on November 30, 2012 at 6:27 AM

us peasants should just say thank you

cmsinaz on November 30, 2012 at 6:31 AM

cmsinaz on November 30, 2012 at 6:31 AM

We should know our place, shouldn’t we?/

kingsjester on November 30, 2012 at 6:33 AM

kingsjester on November 30, 2012 at 6:33 AM

indeed

:)

cmsinaz on November 30, 2012 at 6:46 AM

The Lord Humongous has some advice for Republicans

moo on November 30, 2012 at 7:33 AM

moo on November 30, 2012 at 7:33 AM

Weird. I was just thinking of posting this one, walk away and let it burn.

Fallon on November 30, 2012 at 8:14 AM

Semi-ff-topic,,,When the going gets tough…My take.

kingsjester on November 30, 2012 at 6:27 AM

Nice post.

For the king:

There’s a place in Hawaii
That is very dear to me
I am homesick as can be
Won’t you listen to my plea?

I want to go back to my $35 million home in Kealakekua Hawaii
I want to be with all the kanes and wahines that I knew long ago

I can hear old guitars a-playing
On the beach at Ho’onaunau
I can hear the Hawaiians saying
‘Komo mai no kaua ika hale welakahao’

It won’t be long ’til Airforce One will be flying back to Oahu
A grand old place that’s always fair to see
I’m just a little Hawaiian and a homesick island boy
I want to go back to my fish and poi

I want to go back to my little grass shack in Kailua Hawaii
Where the humuhumunukunukuapua’a goes swimming by

And, for the masses a song my dad used to sing to us:

There’s a shanty in the town
On a little plot of ground
Where the green grass grows all around, all around.
The roof’s so worn,
So badly torn,
That it tumbles to the ground.

It’s a little old shack,
And it’s set right back
25 feet from the railroad track,
Lingers in my mind
Most all of the time,
Keeps calling me back
To my little old shack.

I’d be just as sassy
As Haile Selassie:
If I were a king,
‘Twouldn’t mean a thing,
Put my boots on tall,
Read the writing on the wall,
Wouldn’t mean a thing,
Not a goddam thing.

There’s a queen waiting there
In a rocking chair,
Blowing her top on some gator beer.
A-looking all around
And a-trucking on down,
How I want to get back to my shanty town!

Fallon on November 30, 2012 at 8:37 AM

conservativeBC on November 30, 2012 at 8:38 AM

I kinda agree with the premise but not the conclusion.

This place doesn’t even need a good dusting in the morning anymore. Sad really. We used to have to scrub animal entrails off the ceiling.

Fallon on November 30, 2012 at 8:54 AM

Fallon on November 30, 2012 at 8:37 AM

Thanks!

kingsjester on November 30, 2012 at 9:22 AM

AnnoyingLittleTwerp,

I hope you see this (or can someone who has her email alert her to his post?). I just read this article and thought of you. I mean this to be a compliment to your hard work and courage!

http://nationaljournal.com/magazine/how-two-presidents-helped-me-deal-with-love-guilt-and-fatherhood-20121129

chelie on November 30, 2012 at 11:37 AM

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