Quotes of the day

posted at 10:40 pm on December 10, 2012 by Allahpundit

The deadline for resolving the fiscal crisis could be much closer than previously thought.

Because of the head-spinning legislative logistics involved in crafting and passing a bill, congressional Republicans and the White House really would have to get the ball rolling on a deal this week if they want to pass something by Jan. 1…

Even if Obama and Boehner somehow strike a deal by mid-week, it would take several days to write the legislation and additional time to send it over to the Congressional Budget Office so they can estimate how much deficit reduction it entails…

From there, both sides would have to get to work selling members of their own party on the package. This would be no easy feat.

***

The White House and House of Representatives Speaker John Boehner’s office held more negotiations on Monday on ways to break the “fiscal cliff” stalemate, although neither side showed any public signs that they were ready to give ground

“I think the atmospherics are getting so much better. We have kind of gotten out of Kabuki theater and gone to dancing the tango,” [Erskine] Bowles told CNBC on Monday. “Any time you start to tango you’ve got a chance.”

Bowles said he did not expect the president to give in on his demand that taxes rise for the top 2 percent of earners.

“I would almost guarantee that rates are going to go up for people in the top 2 percent,” he said.

***

“My constituents want me to stand firm on cutting spending. I campaigned on that issue. That’s why they elected me,” said Representative Ted Poe, Republican of Texas, who won re-election with 65 percent of the vote. “I don’t see any scenario where raising tax rates, in any combination of compromise, will solve our problem.”…

“Another series of robocalls or fliers or TV ads are not going to change the opinion of my constituents,” said Representative Scott Garrett, Republican of New Jersey, who won more than 55 percent in November but still drew the Democratic Congressional Campaign Committee’s attention Monday.

***

Of course, any rate increase for Republicans — one that rank-and-file lawmakers could back and defend — would have to come with serious cuts to entitlement programs. And there’s no evidence President Barack Obama and Democrats have given in on any specific entitlement cuts in closed-door negotiations — especially enough to offset a rate change and an increase in the threshold for the rich.

“Both sides have to hold hands and jump on this one,” said a top Senate aide…

Democrats believe they are dealing from a place of strength in these negotiations and are unlikely to give up concessions on entitlement programs without big moves by Boehner.

“We are winning,” said a top Hill Democratic staffer. “We don’t have to give up on anything yet.”

***

For Democrats, it’s easy to see what victory means: getting Republicans to raise taxes on the rich. For Republicans, it’s less dramatic. The outer edge of what they could get from Obama would be an increase in the Medicare eligibility age from 65 to 67 — maybe with some expanded means-testing of Medicare premiums for the wealthy. (There’s already some of that in Obama’s own health care reform law and in the 2003 law that created the Medicare prescription drug program.)…

“These are all good ideas … but they’re not transformational. You just can’t say, ‘Whew, we fixed it for the next generation.’ You just can’t say that,” said Douglas Holtz-Eakin, president of the American Action Forum and another former McCain adviser.

“You wanted steak, and you ended up with reheated hamburger,” Holtz-Eakin added.

So what’s the best thing to do with reheated hamburger? Prepare your base by lowering the expectations.

***

The Journal editors believe that after January 1, when taxes will have gone up for everyone, House Republicans will block Democratic legislation that would cut taxes—that would restore the lower 2012 rates for the vast majority of taxpayers, fix the Alternative Minimum Tax, and for that matter would probably offer a compromise on dividends and the death tax better than what will be the new dividend rate of 39 percent and death tax of 55 percent with a $1 million exemption.

Will Republicans really oppose such legislation? President Obama will be beating the drums for this tax cut. Senate Democrats will pass this tax cut. If Senate Republicans vote against it, it won’t be “Senate Democrats running for re-election in 2014″ who will have a tax hike on their resumes. It will be Senate Republicans who will have voted against cutting taxes. And if House Republicans block such legislation, it will be they, and they alone, insisting on higher taxes.

Of course they won’t. Republicans will fold with lightning speed after we go over the tax cliff on January 1. Which is why the third of the Journal editorial’s three key paragraphs is moot. If we go over the cliff, there won’t be damage to Obama’s chances of second-term success. Quite the contrary. What Republicans will have done is to make Democrats the party of tax cuts and Obama a president fighting for economic growth.

***

This is why more and more Republicans are beginning to realize that just giving President Obama what he wants on rates, and then going home, could be the best possible fiscal cliff outcome. Such a move would: 1) deny Obama more stimulus spending; 2) deny Obama the ability to move on to amnesty; 3) deny Obama a ‘grand bargain’ for his legacy; and 4) preserve conservative leverage over spending by not raising the debt ceiling.

Obama spent the entire campaign saying all he wanted was for the rich to pay a little more by returning to the Clinton rates. He could never refuse to sign such a bill if House Republicans passed one. Plus, it would be a huge conservative victory of 98 percent of the Bush tax rates were made permanent. How could anything Boehner might get out of Obama be any better?

***

STEP THREE: Pass your plans. If the president refuses to negotiate and no progress is made by February, inform him that you will attach all or part of your plan to legislation raising the debt limit and pass it in the House. Then do so. Obama will sign it. Here is why:

Unlike with the fiscal cliff, Republicans have all the leverage when it comes to the debt limit. Today, Obama is perfectly willing to go over the fiscal cliff and blame the GOP for the resulting tax increases on the middle class. But when it comes to the debt limit, he does not have that luxury. He can’t default on our debt — the consequences are too catastrophic. So in the end he will cave.

Indeed, he would have caved during the last debt-limit stand-off, in the summer of 2011. According to Bob Woodward, when Obama told his advisers he intended to veto the debt-limit bill the Republican-controlled House had passed, Treasury Secretary Tim Geithner told him he couldn’t — that if Republicans didn’t give in, he had no choice but to sign their bill. “You can’t veto,” Geithner reportedly told Obama, because the consequences “would be indelible, incurable. It would last for generations.”

***

“Let It Burn” is about inaction. There’s no point in trying do anything that avoids going over the fiscal cliff/sequestration. Remember, the deal that got us to this point was agreed to by House Republicans, Senate Democrats and signed by Obama. That’s as bi-partisan as it gets. I’ve heard from squishy low information voters, Obama and the media that “bi-partisan problem solving” is the Holy Grail of politics. Well, here it is.

Will it lead to massive disruptions? Yes. That’s the point. The current system is rigged against conservative[s]. We should play no part in its perpetuation. If you can’t win the game, concede and start new one. That’s the heart of Let It Burn.

This isn’t some petty “I lost so I’m taking my ball and going home” tirade. This is what people want. It’s simply not sustainable. If we can’t stop them, we don’t have to continue to enable them either.

***

Click the image to watch.

***



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P R E S E N T

KOOLAID2 on December 10, 2012 at 10:41 PM

…who made Bonehead Speaker of the House?

KOOLAID2 on December 10, 2012 at 10:42 PM

To go where no Man has gone before…

Electrongod on December 10, 2012 at 10:44 PM

Will it lead to massive disruptions? Yes. That’s the point. The current system is rigged against conservative[s]. We should play no part in its perpetuation. If you can’t win the game, concede and start new one. That’s the heart of Let It Burn.

…I want matches!

KOOLAID2 on December 10, 2012 at 10:44 PM

The roof the roof the roof is on fire.
We don’t need no water…

Gingotts on December 10, 2012 at 10:44 PM

The Trouble With Obama…

Electrongod on December 10, 2012 at 10:45 PM

The deadline for resolving the fiscal crisis could be much closer than previously thought.

What utter nonsense. We won’t have a manifest fiscal crisis for at least months, if not years, and whatever they do won’t delay it more than a few weeks at most.

VorDaj on December 10, 2012 at 10:46 PM

Pass a bill to extend the Bush tax cuts for people making up to $ 200,000 and Obama will sign it… Then pass a separate bill also extending the Bush tax cuts for the job creators, people making more than $ 200,000, it will not pass the Senate democrat but even if it did Obama will veto it and unleash the economic disaster…

mnjg on December 10, 2012 at 10:46 PM

Hi Scrumpy.

How is your dog Sparky?

SparkPlug on December 10, 2012 at 10:47 PM

Boehner could replace that so called Indian in that 70′s commercial about pollution..

He can shed a tear on Que..

And then drink a martini afterward..

Electrongod on December 10, 2012 at 10:48 PM

Not to knock on AP and his hard work, but I’m tired of “0bama takes on the world” QOTD’s. Or how will the “R’s” cave next.

Somebody sent me an email with the subject GOTD. I thought he had misspelled QOTD because that is what started it.

It took my thick head all day to figure out GOTD, until I got that Eureka moment.

So, lets derail this thing real early:

Gun Of The Day”

Manville Gun

cozmo on December 10, 2012 at 10:50 PM

I remember one Star Trek episode where they had a new guy beam down with them to the planet surface.

You don’t have to be a genius to know that the new would be dead in about 3 minutes after he took his first step to see what was making that noise from behind the rock.

SparkPlug on December 10, 2012 at 10:50 PM

The Pace has picked up………………….

U.S. “fiscal cliff” talks picking up pace
WASHINGTON | Mon Dec 10, 2012 10:34pm EST
******************************************

(Reuters) – The White House and House of Representatives Speaker John Boehner’s office held more negotiations on Monday on ways to break the stalemate over the “fiscal cliff,” steep tax hikes and budget cuts set to start kicking in next month.

Neither side gave any public signs that they were ready to give ground. And a House Republican leadership aide said, “There is no deal or anything like it” on resolving fiscal cliff issues.

On Capitol Hill, however, there were indications that preparations were under way for quick legislative consideration of a deal if one is reached soon.

The most discussed scenario – which remains nothing more substantial than that – has Democrats getting the tax increases on high earners they favor in exchange for significant concessions that would help reduce the costs of Medicare, the government healthcare program for seniors.

Democrats and Republicans next year would also work together on comprehensive tax reform aimed at bringing in more revenues to the government, in part by eliminating some tax breaks.

As similar deficit reduction talks between Boehner and President Barack Obama in 2011 showed, negotiations that seem promising one day can fall apart the next.

And if Obama and Boehner were to tentatively agree on such a package, the two would have to sell the plan to Democratic and Republican lawmakers in the Senate and House.

According to one senior Democratic aide, the two sides also are talking about including an increase in U.S. borrowing authority, which Obama wants before Congress wraps up for the year.

Without such authority, the Treasury is likely to hit its $16.4 trillion borrowing limit by year’s end and run out of creative steps to stave off default as soon as mid-February.
(More……….)
================

http://www.reuters.com/article/2012/12/11/us-usa-fiscal-idUSBRE8A80WV20121211

canopfor on December 10, 2012 at 10:50 PM

Insane-Hussein Obama has got the Ship of State headed for a Flotilla of Icebergs and, best case, all the Republicans will be able to do is get him to ease back on the ramming speed a bit, and delay the collision a bit, and then they will get the blame anyway. What a Ship of Fools!

VorDaj on December 10, 2012 at 10:50 PM

Obowma’s playing his game…

… Don’t play.

Pass your bill in the House…

… Then watch him get on his plane to Hawaii.

Seven Percent Solution on December 10, 2012 at 10:51 PM

Why did Boehner engineer the summer 2011 deal that is fixin to expire if it be so bad? Yeah, yeah, “best we can get.” OK, how about a kiss first next time?

One other question. Barry was in MI today talking about cuts to programs we don’t need. Could someone axe him what they are?

arnold ziffel on December 10, 2012 at 10:52 PM

Boehner could replace that so called Indian in that 70′s commercial about pollution..

He can shed a tear on Que..

And then drink a martini afterward..

Electrongod on December 10, 2012 at 10:48 PM

…those aren’t tears…they’re martini drops!

KOOLAID2 on December 10, 2012 at 10:52 PM

… Then watch him get on his plane to Hawaii.

Seven Percent Solution on December 10, 2012 at 10:51 PM

The difference between Obama and me..

Obama and family will get away for 20 or so days towards the end of this year..

I will be scrambling to protect my interests….

Gotta luv America..

Electrongod on December 10, 2012 at 10:53 PM

Good evening guys and gals!!

Sparky :-) is fine as am I and how are you?

Scrumpy on December 10, 2012 at 10:54 PM

Even if Obama and Boehner somehow strike a deal by mid-week, it would take several days to write the legislation and additional time to send it over to the Congressional Budget Office so they can estimate how much deficit reduction it entails…

I sort of don’t believe that.

You don’t have to be a genius to know that the new would be dead in about 3 minutes after he took his first step to see what was making that noise from behind the rock.

SparkPlug on December 10, 2012 at 10:50 PM

Only if he wore a red shirt.

Axe on December 10, 2012 at 10:54 PM

According to one senior Democratic aide, the two sides also are talking about including an increase in U.S. borrowing authority, which Obama wants before Congress wraps up for the year.

Without such authority, the Treasury is likely to hit its $16.4 trillion borrowing limit by year’s end and run out of creative steps to stave off default as soon as mid-February.
(More……….)
================

http://www.reuters.com/article/2012/12/11/us-usa-fiscal-idUSBRE8A80WV20121211

canopfor on December 10, 2012 at 10:50 PM

….FLUKE NO…!!!

KOOLAID2 on December 10, 2012 at 10:54 PM

From the above Reuters Linky…………………

December 10, 2012, 6:54 p.m. ET

Rob Portman: A Truly Balanced Approach to the Deficit
Raising taxes on the well-off would pay for nine days of spending.
******************************************************************

By ROB PORTMAN

The dangers of the “fiscal cliff” are by now well known. Most agree that the year-end $500 billion in tax increases and $110 billion in arbitrary, across-the-board discretionary spending cuts, including defense, must be averted to avoid plunging the U.S. economy back into recession. But how the danger is averted is important. To keep from getting right back on another cliff, President Obama and Congress must address the underlying problems of excessive spending and weak economic growth.

Washington needs to pursue structural reforms in the country’s important but unsustainable entitlement programs and in an inefficient, outdated tax code. By doing so, lawmakers can responsibly avoid the immediate cliff while addressing the long-term fiscal crisis and spurring job creation.

In January 2010, President Obama described the challenge well: “The major driver of our long-term liabilities . . . is Medicare and Medicaid and our health-care spending. Nothing [else] comes close.”

The nonpartisan Congressional Budget Office agrees. According to the CBO, virtually 100% of the projected increase in budget deficits over the next 75 years comes from rising Social Security, Medicare, Medicaid and other mandatory spending.

The CBO projects that as the economy recovers, revenues will exceed the historical average of 18% of gross domestic product, even if all 2001 and 2003 tax cuts are extended. Federal spending, meanwhile, already exceeds its historical average of 20% of gross domestic product and is projected to rise to 40% within three decades. Much of this dramatic increase in spending will be the result of adding 77 million baby boomers to a Medicare system that, for the typical retiree, provides benefits of $3 for every $1 paid into the system.

Taxes cannot be raised high enough to chase the enormous spending growth projected—the math simply does not work. That is why House and Senate Republicans last year voted for a budget to begin reining in entitlements and closing the deficit.

President Obama’s plan to deal with the fiscal cliff includes raising taxes on individuals and small businesses that make over $200,000 or, jointly, $250,000 a year. He has argued that we should repeal the 2001 and 2003 upper-income tax cuts because they are to blame for much of the increase in the deficit since 2001.

There is a continuing debate over whether and how to raise taxes on small businesses that pay their taxes as individuals and on those individuals earning more than $200,000.

However, CBO and Tax Policy Center data together show that only 4% of the $12 trillion swing from projected surpluses to actual deficits from 2002 through 2011 resulted from the upper-income tax cuts. Two recessions and soaring government spending were the main factors.

Ending all the upper-income tax cuts would pay for just nine days of annual spending. Social Security and health entitlements will cost 27 times more than the revenue from ending those tax cuts over the next decade.

Still, negotiations require give and take, so Republicans have put revenues on the table. For instance, during the fall 2011 bipartisan super committee negotiations, Republicans (using the general Bowles-Simpson model of $3 in spending cuts for every $1 in new revenue) offered $250 billion in new revenues with pro-growth tax reform and entitlement savings. That summer, House Speaker John Boehner offered new tax-reform revenues in return for serious entitlement reforms, and he has continued to look for ways to forge bipartisan consensus. Democrats, however, have rejected all offers and demanded $1 trillion or more in tax increases without a commitment to structural entitlement reform and tax reform.

President Obama has called for a “balanced” solution of tax increases and entitlement reforms. Yet at this point he is essentially re-offering his budget from last February—a proposed $1.6 trillion in tax increases and virtually zero net spending savings. The CBO says the president’s budget actually increases spending by $1 trillion over the decade, as its modest entitlement savings would be overwhelmed by new spending. Higher taxes for more spending isn’t the kind of balance that Americans expect.

It should surprise no one that this unbalanced approach in the president’s budget was rejected 99-0 in the Senate in May and 414-0 in the House in March.

Tweaking Medicare and Medicaid eligibility rules, benefits and payment rates may save some money in the short run, but it won’t sufficiently slow the long-term growth of these programs caused by their outdated design. Reforms should not merely squeeze health beneficiaries or providers but should rather reshape key aspects of these programs to make them more efficient, flexible and consumer-oriented.

Especially in this weak recovery, the president’s demands for new tax revenues must be met in the most pro-growth way possible. Instead of merely piling higher tax rates on top of our inefficient tax code, the president should agree to join with Congress in pursuing individual and corporate tax reform, including eliminating outdated preferences that often benefit the well-connected. A simpler, fairer tax code for everyone will also increase productivity, thus creating badly needed jobs and economic opportunity.

Avoiding the immediate fiscal cliff is critical to avert a recession and more job loss, but let’s also take the opportunity to address the underlying problems causing our steep deficits. President Obama has said he is for tax reform and promises not to “kick the can down the road” on entitlements. Republicans are eager to work with him on both. By working together, both parties can spare America’s children from a national debt that now tops $130,000 per household—and do it in a way that helps bring back jobs.
=====

Mr. Portman, a Republican, is a senator from Ohio and a former director of the Office of Management and Budget.
================================================

http://online.wsj.com/article/SB10001424127887324640104578161252979458718.html?mod=googlenews_wsj

canopfor on December 10, 2012 at 10:55 PM

Can’t stop n chat tho, so everyone have a great chat!

God bless everyone and I bid thee all a goodnight!!

Scrumpy on December 10, 2012 at 10:56 PM

God bless everyone and I bid thee all a goodnight!!

Scrumpy on December 10, 2012 at 10:56 PM

Hi Scrump!

Night Scrump! :)

Axe on December 10, 2012 at 10:57 PM

Good evening guys and gals!!

Sparky :-) is fine as am I and how are you?

Scrumpy on December 10, 2012 at 10:54 PM

*clink*

Well..

I have glass in hand…:)

Electrongod on December 10, 2012 at 10:57 PM

Only if he wore a red shirt.

Axe on December 10, 2012 at 10:54 PM

Hey that’s right. How come.? The red shirted guys never ever beamed back up alive. It was a one way trip.

SparkPlug on December 10, 2012 at 10:58 PM

…those aren’t tears…they’re martini drops!

KOOLAID2 on December 10, 2012 at 10:52 PM

OK, I have been hearing a lot about his drinking lately.

Is it true, or is everyone just looking for something to pin on him beacuse he is turning out to be a lousy Speaker?

ccrosby on December 10, 2012 at 10:58 PM

Hi Scrump!

Night Scrump! :)

Axe on December 10, 2012 at 10:57 PM

What!!!????

In and out that quickly????

Electrongod on December 10, 2012 at 10:58 PM

Scrumpy on December 10, 2012 at 10:56 PM

Bye. This will be my last post for a while too.

SparkPlug on December 10, 2012 at 10:59 PM

Hey that’s right. How come.? The red shirted guys never ever beamed back up alive. It was a one way trip.

SparkPlug on December 10, 2012 at 10:58 PM

Security personnel uniform was red.

Don’t make fun of me.

Axe on December 10, 2012 at 10:59 PM

canopfor on December 10, 2012 at 10:50 PM

….FLUKE NO…!!!

KOOLAID2 on December 10, 2012 at 10:54 PM

KOOLAID2:

Its a Slippery Slope!!!:)

canopfor on December 10, 2012 at 10:59 PM

What!!!????

In and out that quickly????

Electrongod on December 10, 2012 at 10:58 PM

That’s what she said.

SparkPlug on December 10, 2012 at 11:01 PM

Is it true, or is everyone just looking for something to pin on him beacuse he is turning out to be a lousy Speaker?

ccrosby on December 10, 2012 at 10:58 PM

I look like him right now…

Well.

I had a few right now..
And I can’t speak……

But tomorrow…

Conan…

:)

Electrongod on December 10, 2012 at 11:01 PM

Anyone not seen Erika but want to see Erika?

Don’t miss.

http://hotair.com/greenroom/archives/2012/12/10/photo-look-who-i-ran-into-at-army-navy/

Axe on December 10, 2012 at 11:01 PM

That’s what she said.

SparkPlug on December 10, 2012 at 11:01 PM

:)

I was going to say that…

Electrongod on December 10, 2012 at 11:02 PM

OT: had to have a laugh about this earlier today. The progressive elites running some of CA’s schools are GENIUSES, of the Wiley E. Coyote variety.

Perhaps the best example of the CAB issue is suburban San Diego’s Poway Unified School District, which borrowed a little more than $100 million. But “debt service will be almost $1 billion,” Lockyer says. “So, over nine times amount of the borrowing. There are worse ones, but that’s pretty bad.”

From ZH

tom daschle concerned on December 10, 2012 at 11:03 PM

Electrongod on December 10, 2012 at 10:58 PM

Yeppers! I am tired! Owning a dog is a lot of work and walking I am not used too… aching joints n stiff muscles lol…

And ya’all know how a beagle has their nose down and virtually runs a scent to ground! I never knew… lol…

I have my hands full… but lovin’ it… :-)

Scrumpy on December 10, 2012 at 11:03 PM

**POOF**

Scrumpy on December 10, 2012 at 11:04 PM

Good evening guys and gals!!

Sparky :-) is fine as am I and how are you?

Scrumpy on December 10, 2012 at 10:54 PM

*clink*

Well..

I have glass in hand…:)

Electrongod on December 10, 2012 at 10:57 PM

Electrongod:Evening to all as well,….having a cup O’ tea:)

*Le Clinky*

canopfor on December 10, 2012 at 11:06 PM

Okay, I’m going totally off thread for a favor. Some of you are all ready helping me out with this but the voting ends on 12/16 and my guys can’t seem to get out of 13th place. Could everyone please go to this site and vote for Basenji Rescue and Transport, Garland, TX. this is their last chance to win some money. I can nag remind everyone daily. They don’t keep your email and all you have to do after voting is key in some number/letters for security purposes. I’ll admit up from that I vote once from Firefox and once from Internet Explorer. If that’s cheating, shame on me.

Cindy Munford on December 10, 2012 at 11:06 PM

ROTF.

Scrumpy did an Axe

*poof*

SparkPlug on December 10, 2012 at 11:06 PM

**POOF**

Scrumpy on December 10, 2012 at 11:04 PM

*cough*

Whoa — less powder Scrump. :)

Only takes a little.

Axe on December 10, 2012 at 11:07 PM

Anyone not seen Erika but want to see Erika?

Don’t miss.

http://hotair.com/greenroom/archives/2012/12/10/photo-look-who-i-ran-into-at-army-navy/

Axe on December 10, 2012 at 11:01 PM

Axe:The Conservative Dynamic Dou:)

canopfor on December 10, 2012 at 11:08 PM

The GOP will betray you

True_King on December 10, 2012 at 11:09 PM

Obama spent the entire campaign saying all he wanted was for the rich to pay a little more by returning to the Clinton rates. He could never refuse to sign such a bill if House Republicans passed one. Plus, it would be a huge conservative victory of 98 percent of the Bush tax rates were made permanent.

That is so deceptive. It’s not “returning to the Clinton rates” unless you return EVERYONE to the Clinton rates.

The Bush Tax Cuts lowered rates for EVERYONE who paid income taxes, but since the top 10% got a smaller cut than others, the top 10% ended up paying MORE of the total tax burden.

Now, if you raise rates on only the top 10%, they will pay an even higher percentage of the total tax burden. A double-whammy.

Total income tax share (percentage):

In 1986 (the 6th year of Ronald Reagan Presidency), the top 10% paid a Total Income Tax share of 54.69%

In 1989 (1st Year of George H. W. Bush Presidency), the top 10% paid a Total Income Tax share of 55.78%

In 1993 (1st Year of Bill Clinton Presidency), the top 10% paid a Total Income Tax share of 59.24%

In 1997 (5th Year of Bill Clinton Presidency), the top 10% paid a Total Income Tax share of 63.20%

In 2001 (1st Year of George W. Bush Presidency), the top 10% paid a Total Income Tax share of 64.89%

In 2005 (5th Year of George W. Bush Presidency), the top 10% paid a Total Income Tax share of 70.30%

In 2009 (1st Year of Barack Obama Presidency), the top 10% paid a Total Income Tax share of 70.47%

Check the IRS numbers yourself (start at cell F183 and go down the column).

If tax rates go up for only the top 10%, they will end up paying an even higher percentage of the Total Income Tax paid. Perhaps as much as 75%.

If you go to a restaurant with 9 of your friends, do you expect the wealthiest 1 of the 10 of you to pick up 75% of the bill?

Or, do you expect everyone to pay their own fair share?

ITguy on December 10, 2012 at 11:09 PM

Scrumpy on December 10, 2012 at 10:54 PM

So Sparky won the name choice? Excellent. I hope both of you enjoy each other for a long long time. I know I’m loving my two.

Cindy Munford on December 10, 2012 at 11:09 PM

True_King on December 10, 2012 at 11:09 PM

Continuously!

Cindy Munford on December 10, 2012 at 11:10 PM

*Le Clinky*

canopfor on December 10, 2012 at 11:06 P

Le Ckinky back…

Electrongod on December 10, 2012 at 11:10 PM

Ship of Fools

SWalker on December 10, 2012 at 11:11 PM

The GOP will betray you

True_King on December 10, 2012 at 11:09 PM

We are long past that..

Americans will Betray their Children..

Welcome to ObamaVille

Electrongod on December 10, 2012 at 11:12 PM

If that’s cheating, shame on me.

Cindy Munford on December 10, 2012 at 11:06 PM

At least you didn’t turn off your modem & router, wait two minutes, and then turn it back on, giving yourself a new IP address. If you did that, you could have voted as many times as you wanted, and that would be cheating, huh! :)

Axe on December 10, 2012 at 11:13 PM

The GOP will betray you

True_King on December 10, 2012 at 11:09 PM

Good one. You were so right.

SparkPlug on December 10, 2012 at 11:13 PM

Cindy Munford on December 10, 2012 at 11:06 PM

I’ll be happy too, one of my favorite sites.

ccrosby on December 10, 2012 at 11:14 PM

Hey that’s right. How come.? The red shirted guys never ever beamed back up alive. It was a one way trip.

SparkPlug on December 10, 2012 at 10:58 PM

Security personnel uniform was red.

Don’t make fun of me.

Axe on December 10, 2012 at 10:59 PM

BWAHAHAHAHAHAH… Red Shirt is Dead Shirt…… o_O

SWalker on December 10, 2012 at 11:14 PM

Looks like it’s top in the US, Munford. Where did you want it to go?

Axe on December 10, 2012 at 11:14 PM

This script has been played before:

Republicans offer a deal, democrats refuse, democrats and MSM (but I repeat myself) demonize Republicans as wanting to line the pockets of the wealthy while killing women, children, minorities, and small animals.

Republicans hold fast for about 2 to 4 weeks. MSM and democrat (but I repeat myself again) leaders amp up the demonization.

Republicans cave, but extract a promise for cuts to be made “in the future”

When time for promised cuts come, democrats and MSM (repeating myself) again demonize the Republicans for wanting to starve women, children, minorities and old people and throw them out in the street.

Cuts never come, taxes go up, economy tanks.

Script is filed until next tax debate.

This play never ends well.

AZfederalist on December 10, 2012 at 11:14 PM

At least you didn’t turn off your modem & router, wait two minutes, and then turn it back on, giving yourself a new IP address. If you did that, you could have voted as many times as you wanted, and that would be cheating, huh! :)

Axe on December 10, 2012 at 11:13 PM

I didn’t even know you could do that? I thought your IP address was always the same…

ccrosby on December 10, 2012 at 11:15 PM

By the way, I believe that the only reason why Obama signed the 2-year extension of the Bush Tax Cuts in 2010 was because there were things that he wanted to get through the lame duck session of Congress before Nancy Pelosi was replaced by John Boehner in January 2011, and the Senate Republicans promised to filibuster any bill until the Bush Tax Cuts were extended.

Obama was willing to extend the Bush Tax Rates for 2 years in order to get Dodd-Frank passed. If he hadn’t extended the Bush Tax Rates, then Dodd-Frank would never have passed.

Obama has no incentive to compromise this time.

ITguy on December 10, 2012 at 11:15 PM

Gun Of The Day”

cozmo on December 10, 2012 at 10:50 PM

Hey!!! Lol!

Bmore on December 10, 2012 at 11:16 PM

Axe on December 10, 2012 at 11:13 PM

I didn’t even know you could do that? I thought your IP address was always the same…

ccrosby on December 10, 2012 at 11:15 PM

Static IP vs Dynamic IP. Cable modems and DSL generally are Static, dial up is always Dynamic.

SWalker on December 10, 2012 at 11:17 PM

Anyone seen Fallon. Paging Fallon, paging Fallon………

Bmore on December 10, 2012 at 11:18 PM

Gun Of The Day”

cozmo on December 10, 2012 at 10:50 PM

Hey!!! Lol!

Bmore on December 10, 2012 at 11:16 PM

Hey! Is this a gun thread now?

Not that I care or anything…

ccrosby on December 10, 2012 at 11:19 PM

Axe on December 10, 2012 at 11:13 PM

Yeah, that’s getting into desperado territory.

Cindy Munford on December 10, 2012 at 11:19 PM

Dire should get serious about financing the fabulous Rock duo SWalker and Axe.

Well SWalker is fabulous but Axe has a cool heavy metal name so he gets to pimp SWalkers ride.

Axe can play the Air guitar and make some noises with his mouth.

Anyway come on dire and cut us a check.

Ps: I’m CEO of SparkPlug records where I generously give the artist a 2% cut of the gross, plus free beer.

SparkPlug on December 10, 2012 at 11:19 PM

Rock’n to da 80′s

http://tunein.com/radio/SKYFM-Best-of-the-80s-s49497/#

canopfor on December 10, 2012 at 11:20 PM

ccrosby on December 10, 2012 at 11:14 PM

I really appreciate it.

Cindy Munford on December 10, 2012 at 11:20 PM

Axe on December 10, 2012 at 11:14 PM

No, they are just number one in Texas.

Cindy Munford on December 10, 2012 at 11:21 PM

Ps: I’m CEO of SparkPlug records where I generously give the artist a 2% cut of the gross, plus free beer.

SparkPlug on December 10, 2012 at 11:19 PM

Free beer.. Oh hell, I am soooo in… ;)

SWalker on December 10, 2012 at 11:22 PM

I didn’t even know you could do that? I thought your IP address was always the same…

ccrosby on December 10, 2012 at 11:15 PM

It might be. There are different ways of assigning it. :) Just try it if you aren’t sure; go to http://whatsmyip.net/ or something and jot it; kill your router long enough to timeout for sure; when your network is back up, go again and check.

Mine is assigned dynamically when my modem connects.

Axe on December 10, 2012 at 11:23 PM

**** Alert *******,in case you missed this story,

Spec.Ops rescue US Doctor in Afghanistan Operation,
a SEAL was lost!

The Associated Press ‏@AP

Navy SEAL killed in Afghanistan rescue identified as Pennsylvania man: http://apne.ws/VzxW0K -SS
===============================

Navy SEAL killed in rescue was from Pennsylvania
By PAULINE JELINEK
— Dec. 10 7:16 PM EST
*********************

Checque was a member of SEAL Team Six, which freed an American doctor abducted by the Taliban. The same team killed Osama bin Laden last year, but it’s unclear whether Checque was involved in the bin Laden mission.(More…)
===============================

http://bigstory.ap.org/article/navy-seal-killed-rescue-was-pennsylvania

canopfor on December 10, 2012 at 11:23 PM

If you go to a restaurant with 9 of your friends, do you expect the wealthiest 1 of the 10 of you to pick up 75% of the bill?

Or, do you expect everyone to pay their own fair share?

ITguy on December 10, 2012 at 11:09 PM

Now that’s just crazy talk. Pay their own share? How dare you sir! Some people can’t afford to pay for that steak while others at the table are perfectly capable of paying for steaks for everyone at the table and the next one to boot. /Doesn’t that sound absolutely awful? Yet that’s how liberals really think.

Rush mentioned an interview by an industry leader on one of this weekend’s talking heads shows. Said leader made the statement that in Connecticut, with Connecticut taxes, local taxes, and federal taxes, he is paying 45% of his income in taxes. With the increased rate, and the proposed increase in medicare taxes, he will be paying over 50% of what he earns. His question, “What is fair about that?”

Any libs want to try answering that question? What is fair about making someone pay more than 50% of what they earn above a certain threshold? Why do you think that you are entitled to take more than 50% of what someone works for? Heck, why do you think you are entitled to 30% of what someone earns? … and yes, I say “you” because you vote for these villains who use the force of the government to make people work 1 out of every 2 hours for benefits you want to see the government pay out.

AZfederalist on December 10, 2012 at 11:23 PM

ccrosby on December 10, 2012 at 11:19 PM

With the direction things are going, all threads will become gun threads.

cozmo on December 10, 2012 at 11:24 PM

Static IP vs Dynamic IP. Cable modems and DSL generally are Static, dial up is always Dynamic.

SWalker on December 10, 2012 at 11:17 PM

*Not AT&T PPoE stuff. My DSL is dynamic.

No, they are just number one in Texas.

Cindy Munford on December 10, 2012 at 11:21 PM

OIC — But, is that it? That what you want to win?

Axe on December 10, 2012 at 11:25 PM

The GOP will betray you

True_King on December 10, 2012 at 11:09 PM

True_King:Ya know,I’m starting to wonder!!

canopfor on December 10, 2012 at 11:25 PM

With the direction things are going, all threads will become gun threads.

cozmo on December 10, 2012 at 11:24 PM

I’m of the opinion that we are headed towards no threads :(

tom daschle concerned on December 10, 2012 at 11:25 PM

Axe on December 10, 2012 at 11:23 PM

Very interesting, I shall check that out…thanks!

ccrosby on December 10, 2012 at 11:25 PM

What qualifies this azz for Treasury?

Why does Obama need a business czar if he has not even filled commerce in 5 months? Is he that stupid or does he need more than one to explain it to him?

Schadenfreude on December 10, 2012 at 11:26 PM

God bless everyone and I bid thee all a goodnight!!

Scrumpy on December 10, 2012 at 10:56 PM

Scrumpy:Nite:)

canopfor on December 10, 2012 at 11:27 PM

SWalker on December 10, 2012 at 11:17 PM

*Not AT&T PPoE stuff. My DSL is dynamic.

Axe on December 10, 2012 at 11:25 PM

That’s why I said, “Generally” as opposed to always… ;p

Static IP addresses are locked to MAC Addresses where as Dyamic IP addresses are assigned on a first come first served basis off a Submask routing table of active addresses.

SWalker on December 10, 2012 at 11:28 PM

I really appreciate it.

Cindy Munford on December 10, 2012 at 11:20 PM

You owe me, I had to type that out. Plus that dang Flatfoot dude is a pain in the ass.

Bmore on December 10, 2012 at 11:29 PM

With the direction things are going, all threads will become gun threads.

cozmo on December 10, 2012 at 11:24 PM

I’m torn, I’m in No Cal, left So Cal 10 years ago because of the population increase.

The million dollar question, when will we know when it’s time?

My family is up here now, and they don’t believe what I do, and am having a hard time getting through to them…

I hate to sound like an alarmist, but I know something is coming.

ccrosby on December 10, 2012 at 11:33 PM

Speaking of Guns,I have found the best AirStrike Video!

Laser Painted Night Action
===========================

Major airstrike hacked survalence(IRAQ).mp4

30MM Cannon
Minute Gun
Hell-Fires
Rockets
Video:(6:26)

http://www.youtube.com/watch?v=L_9AitqfaMc

canopfor on December 10, 2012 at 11:35 PM

I hate to sound like an alarmist, but I know something is coming.

ccrosby on December 10, 2012 at 11:33 PM

Better to be prepared and not need your preparations, then to have made no preparations and die because of your failure to be prepared.

SWalker on December 10, 2012 at 11:35 PM

I hate to sound like an alarmist, but I know something is coming.

ccrosby on December 10, 2012 at 11:33 PM

Two suns will appear in the sky, soon. One will be the halo around Obama.

The effect will be devastating.

Schadenfreude on December 10, 2012 at 11:36 PM

Axe on December 10, 2012 at 11:25 PM

Yes, please, I think they have to be in the top ten of everything to have a chance at any bucks.

Cindy Munford on December 10, 2012 at 11:37 PM

I hate to sound like an alarmist, but I know something is coming.

ccrosby on December 10, 2012 at 11:33 PM

Better to be prepared and not need your preparations, then to have made no preparations and die because of your failure to be prepared.

SWalker on December 10, 2012 at 11:35 PM

Oh, and there is always one easy way to get any Californian to understand being prepared for bad things. Just tell them you think you can become rich and famous if you can get on the “Doomsday Preppers” show… ;) (Yes, I live in SoCal) ;p

SWalker on December 10, 2012 at 11:38 PM

Two suns will appear in the sky, soon. One will be the halo around Obama.

The effect will be devastating.

Schadenfreude on December 10, 2012 at 11:36 PM

Now you’re just F’in with me…

ccrosby on December 10, 2012 at 11:39 PM

Let. It. Burn.

The soon the disruptions, the sooner at least a few of the self-absorbed idiots will wake up.

cane_loader on December 10, 2012 at 11:39 PM

Sorry, you could have just put B Garland, TX and several options would have come up to chose from. Yes, I attempted a dialogue with said gentleman after you, just trying to figure out what the goal was. He was not happy. Took it very personally. Oh well, what are you going to do?

Cindy Munford on December 10, 2012 at 11:40 PM

canopfor on December 10, 2012 at 11:35 PM

Pretty cool.

cozmo on December 10, 2012 at 11:42 PM

Okay, I’m going totally off thread for a favor. Some of you are all ready helping me out with this but the voting ends on 12/16 and my guys can’t seem to get out of 13th place. Could everyone please go to this site and vote for Basenji Rescue and Transport, Garland, TX. this is their last chance to win some money. I can nag remind everyone daily. They don’t keep your email and all you have to do after voting is key in some number/letters for security purposes. I’ll admit up from that I vote once from Firefox and once from Internet Explorer. If that’s cheating, shame on me.

Cindy Munford on December 10, 2012 at 11:06 PM

Cindy Munford:Lol cheating,you go girl…and..Done:)

canopfor on December 10, 2012 at 11:42 PM

Cindy Munford on December 10, 2012 at 11:40 PM

Lol! The usual, toy with him until I get bored. ; )

Bmore on December 10, 2012 at 11:42 PM

My computer is acting stupidly slow.

Cindy Munford on December 10, 2012 at 11:42 PM

Let. It. Burn.

The soon the disruptions, the sooner at least a few of the self-absorbed idiots will wake up.

cane_loader on December 10, 2012 at 11:39 PM

So a rational mind would think, I on the other hand have known far to many of the looney left, they aint waking up for nothin no how.

SWalker on December 10, 2012 at 11:43 PM

canopfor on December 10, 2012 at 11:42 PM

Thank you!!

Cindy Munford on December 10, 2012 at 11:44 PM

So a rational mind would think, I on the other hand have known far to many of the looney left, they aint waking up for nothin no how.

SWalker on December 10, 2012 at 11:43 PM

Then it’s time to start pushing them in front of the train, I guess.

It ain’t my fault if they were texting and walking voting.

Maximum pain to all 0bama voters is my New Year’s resolution.

cane_loader on December 10, 2012 at 11:47 PM

Bmore on December 10, 2012 at 11:42 PM

You got bored faster than I did, I really annoyed the stuffing out of him. He’s a neat guy though.

Cindy Munford on December 10, 2012 at 11:47 PM

canopfor on December 10, 2012 at 11:35 PM

Pretty cool.

cozmo on December 10, 2012 at 11:42 PM

cozmo:

Now thats how you do it,

HAMMER THEM!!:)

canopfor on December 10, 2012 at 11:48 PM

Let. It. Burn.

The soon the disruptions, the sooner at least a few of the self-absorbed idiots will wake up.

cane_loader on December 10, 2012 at 11:39 PM

And starve the Looters!!!

Schadenfreude on December 10, 2012 at 11:49 PM

canopfor on December 10, 2012 at 11:42 PM

Thank you!!

Cindy Munford on December 10, 2012 at 11:44 PM

Cindy Munford:Anytime….its a small world:)

canopfor on December 10, 2012 at 11:49 PM

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