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WH warns tax defeat could trigger new recession
AP / Yahoo ^ | 12=8-10 | CHARLES BABINGTON, Associated Press Charles Babington, Associated Press – 33 mins ago

Posted on 12/08/2010 4:41:03 PM PST by GRRRRR

WASHINGTON – Raising the direst alarm yet, the Obama administration warned fellow Democrats on Wednesday that if they defeat the big tax-cut compromise detested by many liberals, they could jolt the nation back into recession.

President Barack Obama appealed anew for Congress to "get this done" and insisted that more congressional Democrats would climb aboard as they studied details of the $900 billion year-end measure. Several did announce support on Wednesday, but at least one said there still was "a mood to resist."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: taxrates; whitehouse
The MADNESS of this regime just grows. Now, if they DON'T pass these extensions, we're doomed yet, they were PERFECTLY HAPPY to let them expire???

MAKE IT STOP!!

1 posted on 12/08/2010 4:41:08 PM PST by GRRRRR
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To: GRRRRR
Raising the direst alarm yet, the Obama administration warned fellow Democrats on Wednesday that if they defeat the big tax-cut compromise detested by many liberals, they could jolt the nation back into recession.

Tax cuts?

How Reaganesque of him.

2 posted on 12/08/2010 4:45:23 PM PST by EGPWS (Trust in God, question everyone else)
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To: GRRRRR

Head. Spin.


3 posted on 12/08/2010 4:46:34 PM PST by fightinJAG (Americans: the only people in the world protesting AGAINST government "benefits.")
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To: GRRRRR
But they said the tax cuts ruined the economy.

Obama doesn't lie, does he?

4 posted on 12/08/2010 4:47:57 PM PST by what's up
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To: GRRRRR

If they don’t fix it pretty quick, that predicted stock
market sell off on Dec 15 may yet materialize. I
suspect it will happen if Obama hasn’t signed it
by COB on Dec 14th.


5 posted on 12/08/2010 4:51:42 PM PST by Myrddin
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To: fightinJAG

It’s truly astounding how two-faced the regime and the media is. I don’t have any more words to describe the total ignorance being shown in the news, the article comments and the American public in general.

I must have read three or four articles today where ‘economists’ were saying it was imperative that the tax rates be extended and remain the same. Yet, I can’t see any media telling us about the Obozo lies on this...

This is so frustrating and really demonstrates the FILTH that this regime and the media are.

G


6 posted on 12/08/2010 4:54:04 PM PST by GRRRRR (He'll NEVER be my President, FUBO!)
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To: GRRRRR

“back into recession?” For whom? Are these people nuts? We are still in a recession if not depression as far as average Americans are concerned. To the Beltway Boys: Check unemployment numbers, check foreclosure numbers, check repossession numbers. Inflation? Go to the grocery store yourself for a change. Go buy a tank full of gas and check your heat bill then tell me again that we’re not in recession with high inflation when you look in your wallet.


7 posted on 12/08/2010 4:54:49 PM PST by stilloftyhenight (Don't make me use uppercase.)
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To: GRRRRR

Yes, yes and yes.


8 posted on 12/08/2010 5:02:23 PM PST by fightinJAG (Americans: the only people in the world protesting AGAINST government "benefits.")
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To: GRRRRR
This is the Barry Soetoro administrations idea of "triangulation" when they don't have any advisers left with the sense God gave a jackass. They'll talk about the big compromises, act like they've "seen the light" on not raising taxes and calling that a "tax cut", then continue to deliver everything the democrat fascists have ever wanted through regulation now that they don't have the majority. Everything the Republicans try to do will be fought in court, even the right of the House to stop funding various things. They figure that by talking a good "bipartisan" game they can swing the Independents back to the democrat side and hang on to the majority in the Senate.

Should be interesting to watch all the ways they find to re-characterize things as conservative or bipartisan while not changing the underlying result a bit. Especially since they don't have people with the brains to pull this sort of thing off any more and I doubt the Clinton wing is going to step up and show them how. They think they're the smartest people on earth and the reality of the situation isn't going to sink in on them, ever. I'm looking forward to a real carnival as the radical wing has manic depressive episodes bouncing between praise for and hatred of "the one" and the majority of democrat pols finally realize that Barry is literally insane.

Barry is so lost in egomania that he'll see the present situation as an opportunity to save the democrat party, and by extension, the whole country from the "swing towards arch conservatism and radical patriotism". The talking points are flying around as we speak and Barry will be more arrogant than ever.

Just random ruminations on possible presidential propaganda ploys.

Regards

9 posted on 12/08/2010 5:14:18 PM PST by Rashputin (Barry is totally insane and being kept medicated and on golf courses to hide the fact)
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To: GRRRRR

The same ole mantra pass this or else dire consequences will occur 2008 Obama was screaming for the 785 billion Plan if you do not pass this America will collapse. if you do not pass this Health Care Plan America will collapse. People will die.

is not that odd people are still dying evn after the health care plan passed ( a little sarcasm).

my advice to the republicans and democrats in opposition vote against it. lets see what happens. it is just the thug in chief trying to get his way, a schoolyard bully, trying to tell his subjects do what I tell you or else I will beat you up.


10 posted on 12/08/2010 5:15:06 PM PST by hondact200 ( Obama is Nuckin Futs!!!)
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To: GRRRRR

***The MADNESS of this regime just grows. ****

Let’s see if I get this straight...

The Gov’t takes money I earn and give it to those who didn’t earn it. They spend it and the economy is ok.

If I keep the money I earn, and spend it on what I want, the economy suffers even though I spend the same amount.

Sounds real “democratic” to me.


11 posted on 12/08/2010 5:21:07 PM PST by Ruy Dias de Bivar (I visited GEN TOMMY FRANKS Military Museum in HOBART, OKLAHOMA! Well worth it!)
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To: Rashputin

Well said, the whole group of them is so corrupt. It’s the only explanation I can come up with. Obozo, the media, his entire admin are all “BLANKIN” liars and NOBODY ‘cept Rush is going to call them on their lies.


12 posted on 12/08/2010 5:26:54 PM PST by GRRRRR (He'll NEVER be my President, FUBO!)
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To: GRRRRR

The “Democrats” all quoted in this article are straight up marxists and members of the marxist “Congressional Progressive Caucus”

The right needs to institute a policy of ZERO TOLERANCE FOR MARXISTS IN CONGRESS.

CPC members need to be hunted down like the degenerate communist animals they are and jailed for subversion and grand theft.

Letting these people walk around as if they are ordinary Americans is a serious mistake.


13 posted on 12/08/2010 5:34:09 PM PST by Rome2000 (OBAMA IS A COMMUNIST CRYPTO-MUSLIM)
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To: GRRRRR
"Well said, the whole group of them is so corrupt."

You're right about that and now that various folks are slinking away they're about to be left with only people who don't know how to hide their own corruption. Barry and a couple of others have always had someone to hide the dirt and corruption for them and now they're going to have to try and do it themselves. Recommending that Rangle resign is going to come back and haunt Barry in a big way, and no one is going to be around to make deals and spare Barry the fallout from his own actions.

Along with trying to do what the Clinton gang did to change their image and not having the brains and experience to do it, they're probably going all be so arrogant now that they'll even piss off the media sooner rather than later. Fun to watch, though, even if most of the Republicans haven't yet realized what an edge they really have going into next year.

Regards

14 posted on 12/08/2010 5:35:29 PM PST by Rashputin (Barry is totally insane and being kept medicated and on golf courses to hide the fact)
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To: GRRRRR
Frankly, the fiscal conservatives got screwed in this deal with Obama. I hope that some true conservative will filibuster this bill or convince the GOP to back out of this deal. It would be better for the new Congress to pass a bill that is not another stimulus bill. This current bill is nearly a trillion dollar stimulus package. A stimulus bill by any other name is still a stimulus bill.
15 posted on 12/08/2010 6:10:54 PM PST by Nosterrex
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To: GRRRRR

Flip-Flop!


16 posted on 12/08/2010 11:01:53 PM PST by c-five
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...

Thanks GRRRRR.


17 posted on 12/12/2010 8:34:24 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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