[sickoflibs]

RE :” can see where y’all are coming from, but I did not read this commentary and think he is talking about compromise, neither did my husband. But if you don’t really know or follow Herman, you probably wouldn’t get that.”

He is not talking about compromise. He is talking about how if Democrats won on raising taxes with Republican opposition, they would likely lose in 2012. Obama knows this and is looking for a way to give-in without losing his base. If Republicans went along with Democrats on tax increases it would wreck Cain's strategy (or his logic.) It would be a disaster for Republicans.

Watching MSNBC tonight it looks like this will be pushed into the next congress. The Reid Pelosi congress is still paralyzed.

[stephenjohnbanker]

Looks to me like Obama is sinking fast. The Washington Post allowed an article by liberal democrats that say Obama should announce he will not seek a second term, in order to salvage his presidentcy.

[sickoflibs]

RE :”But if he chooses to let the tax rates expire for all income brackets as a political move because the Republicans will not support his tax the rich proposal, this economy will go into a further tail spin and he will blame it on the Republicans. “

This part of Cain I wonder about. If Obama vetos a tax cut bill then he gets the blame, not Republicans.(That would be great.) The Republican new congress can fix it next year retroactively. If it lapses a few days till the new congress, who cares?

So this part I disagree with him. Republicans cannot give-in without looking like they are giving in making them part of the problem.