Does Obama want to go over the fiscal cliff?
Remember when ABC’s Charlie Gibson asked candidate Obama if he would raise capital gains tax rates even if it brought less revenue to the government. Yes, Obama said. “I would look at raising the capital gains tax for purposes of fairness.”
In contrast, it was after Bill Clinton agreed to cut the capital gains rate in 1997 that large enough gushers of revenue poured in to balance the federal budget.
Obama seeks to advance what Alexis de Tocqueville in “Democracy in America” called “soft despotism,” with “a network of small, complicated, painstaking rules” — think Obamacare — to “finally reduce … each nation to being nothing more than a herd of timid and industrious animals of which government is the shepherd.”
Or so it seems to me. If so, why not risk a recession? It would keep the herd in need of shepherding.









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Spot on
The Count on December 12, 2012 at 7:42 PM
Obama II -The revenge
Galt2009 on December 12, 2012 at 7:43 PM
What! Where is the fantastic recovery the dear liar promised?
Galt2009 on December 12, 2012 at 7:44 PM
YES…does he care…NOPE…will it matter…not one whit
winston on December 12, 2012 at 7:49 PM
Obama does not want a recovery. He wants America knocked down to size. It’s only fair to other nations.
Bitter Clinger on December 12, 2012 at 7:52 PM
The most succinct argument put forth, so far.
To organize communities, they first need to be disorganized.
Create chaos, re-organize.
budfox on December 12, 2012 at 7:59 PM
We’re well beyond that:
The American people don’t like to admit it, but we live in a fascist state, and we have two fascist parties to choose from.
Rae on December 12, 2012 at 8:03 PM
LIB…it’s burning anyway, and do any of y’all see firebreaks being set tup?
Who is John Galt on December 12, 2012 at 8:03 PM
More people are finally getting it. I’m glad.
The Rogue Tomato on December 12, 2012 at 8:08 PM
As InstaGlenn quotes,
“They’ll turn us all into beggars ’cause they’re easier to please.”
Wethal on December 12, 2012 at 8:12 PM
Yes, he does. Period. So, he can swoop in and “save” the middle class next year with middle class tax cuts. Our hero…President for life.
Let.It.Burn.
tickleddragon on December 12, 2012 at 8:15 PM
Effectively we have already gone over the cliff
It would be more obvious, except the Treasury is printing money to loan itself faster than the eye can see
Obama just wants his enemies properly positioned when the smoke clears
entagor on December 12, 2012 at 8:25 PM
Of course he does. That has been the plan for the last 50 years or more.
Where the hell is the recognition of it. Are we are so submerged in the Gramscian cultural revisionist bullshit that we can’t even see it any more? Are we are all so obtuse we can’t see what’s happening under our own noses.
Where is the outrage?
petefrt on December 12, 2012 at 8:39 PM
They are not. Obama is fundamentally transforming America into a socialist utopia. A moribund economy and an impoverished middle class are features of that transformation.
He wants to be able to blame, and thereby destroy, the Republicans, and the Stupids are playing right into his hands.
single stack on December 12, 2012 at 8:54 PM
Do bears eat fish?
astonerii on December 12, 2012 at 9:03 PM