Thursday, November 11, 2010

White House To Cave On Bush Tax Cuts For The Rich

Today we've heard that the White House is ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers. Add $700 billion to the debt? Why not, those top 2%ers are having a rough time. Yes there was a bloodbath for Congressional Democrats last week and as usual, these morons are either misreading it or are in on the game. Before the election, 80% of Americans thought extending the tax cuts for those making less than $200K and letting the cuts expire on the wealthy was the way to go. But nope! Nancy Pelosi thought the Republicans would make that a political issue so she didn't take a vote! Well yeah, a vote you idiot Dems could have won with! What happened to all the debt reduction talk from the teabaggers and Republicans? Oh that's right, they won. Here's Republican thinking in a nutshell: "Now we can screw the little guy a little more, we'll just keep bringing up God, guns, gays and our new fave, Muslims. The rest of our positions don't matter, let's just keep 'em scared!" Here's the best part, Pelosi is going nuts over this decision. Where the F were you when you weren't the lame duck Speaker?! Dumbass Axelrod said "The notion of spending the next two years fighting over this, I think, is a complete misreading of what the American people want. They want us to focus on the economy. They don't want us to fight the battles of the last two years." Yes, yes we do! Stop being a bunch of candy-assed suckers. The Democrats in Congress got slaughtered because the Republican Senate used the filibuster as standard operating procedure and the Democrats sat back and said, "OK, just don't be mad at me...please."

How about yesterdays news from Obama's Debt Commission? I think it's time for us to admit that this guy is a wimp and a corporatist. A decade of unnecessary wars, tax cuts for the wealthy, and the fallout from Wall Street's housing bubble have almost tripled U.S. public debt since 2001. Yet look at the debt commission suggestions yesterday, their idea of reducing the debt is to take it out of the hides of middle class workers and retirees. Obama put 18 conservative white men, all Wall St insiders on a commission; why is anybody shocked or surprised? I'd rather lose my modest tax cut than see the wealthy successfully extend the wealth discrepancy gap while jobs continue to be outsourced. I really hope this phony gets primaried or just doesn't run again. I know many will point to Carter/Kennedy, but this guy is folding like a card table. Disappointed is an understatement.

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