Skip to comments.Bill Clinton Undercuts Obama, Calls for Middle Class Tax Increase
Posted on 05/16/2012 1:54:18 PM PDT by NYer
RUSH: And our old buddy Bill Clinton, who, by the way, Bill Clinton's back, and Bill Clinton's back calling for tax increases on the middle class, ladies and gentlemen. It's right here in The Politico.
"Bill Clinton said Tuesday that President Barack Obamas goal of hiking taxes on the rich alone is not enough to solve the countrys fiscal woes and suggested that middle class Americans must also eventually contribute more." (imitating Clinton) "Look, this is just me now. I'm not speaking for the White House. I think you could tax me, you know, Hillary and I, we're rich now, and I think you could tax me at a hundred percent and you wouldn't balance that old budget. The fact of the matter is you could tax me, you could tax Limbaugh, you could tax O'Reilly, you could tax everybody out there, you could tax me and Hillary, and you still wouldn't balance the budget. We are all gonna have to contribute to this. And if middle-class people's wages were going up again, and we had some growth in the economy, I don't think they would object to going back to tax rates of when I was president."
Now, is this guy doing Obama any favors here? Bill Clinton comes out, calls for tax increases on the middle class. Let's take the rates back to when he was president. I mean what is Obama doing? Obama's out there on this class envy tour trying to make everybody believe that the reason we have an economic problem is because we have rich people in the first place. The second thing is, to solve it we've gotta tax 'em, we gotta tax that 1%. They are the problem.
Here comes our old buddy Bill Clinton. (imitating Clinton) "Well, you know, this is just me speaking. I mean, I'm not speaking for the White House, but I'm telling you, you could tax me, you could take everything I've got and that's not gonna balance the budget. You can tax all the rich people I know, you could tax Harvey Weinstein, you could tax Spielberg, every one of these people. You could tax Will Smith and you're still not gonna balance the budget." I mean, that is the exact opposite message what Obama wants, is it not?
And then to close it out by saying, "I think the middle class, if they had some income, they wouldn't object to paying taxes." If they had some income. If we had some growth to the economy, the middle class wouldn't mind. Obama's out there trying to tell the middle class they're not gonna pay anything. They're gonna get and get. They're gonna have nothing but benefits. That's Obama's message. Here comes old Bill. "Hey, you can tax me all you want, ain't gonna close the budget." In other words, "You know what? Obama doesn't know what he's talking about. He's telling you that he can raise taxes on the rich, but it ain't gonna fix the budget. He's gonna have raise taxes on you." The thing is, Clinton's more right than he's wrong here. That's the irony here is that Clinton's exactly right. You could take everything the rich have and you wouldn't balance the budget, ever, and if you took everything the rich have, you can only do it once. By definition, they've got no more.
"Yes, Mr. Limbaugh, but they will earn it next year." Why, Mr. New Castrati, if you take everything they've got, why go earn any more of it if it's all gonna be taken? You can only take it one time. Still don't balance the budget. We gotta raise taxes on the middle class. And we got it in Ed Klein's book, Bill wants Hillary to run for president. He wants Hillary back in there. He wants back in there. The Politico says here, "The former presidents remarks about his own tax rate seemed to be a reference to Obamas 'Buffett Rule,' which proposes higher taxes for the wealthiest Americans. Clinton asserted that when he was at the White House, 'very few people' thought they were being overtaxed."
(laughing) I know it's absolutely ridiculous. Clinton is the one who called Obama an amateur, and that's the title of Klein's book.
It was Clinton that called Obama an amateur. So now he's out there attacking the Buffett Rule. He's attacking Obama's class envy. He's telling the middle class that he knows that they wouldn't object to a tax increase if they had any income. Clinton said, "Look, we can't be in a position here where one of the negotiating partners says that that's not negotiable. I mean, not only will we not raise taxes, we want the Bush tax cuts and we want more tax cuts and we want the right to disregard what the CBO says our budget -- you can't do that. It's hard to have a deal if there's no arbiter." Looks to me like -- and of course, I could be wrong -- it looks to me like Clinton seems to differ on just about every Obama policy. And yet he's out there campaigning for him. We got Clinton saying this. Of course you don't need to hear Clinton say it; you just heard me do it.
RUSH: Yesterday in Washington, economic conference sponsored by the Pete Peterson Foundation. Pete Peterson, a former Treasury secretary for Nixon. I have met Pete Peterson. His wife is Joan Ganz Cooney, who runs the children's programming at PBS, Sesame Street and all that. And he's got a foundation. Everybody has a foundation. And Clinton showed up at the Pete Peterson foundation not happy with what happened to Dick Lugar.
CLINTON: The Republican position that tends to prevail in these hot primaries was expressed by the gentleman who beat Senator Lugar who says, "I'm just against compromise. We need to stop it. It's weak. It's foolish. Our views are irreconcilable. We have to force the American people to choose which one of us is right." If that prevails, we're toast. We'll look like a Bush-league country.
RUSH: He's talking about Mourdock, and Mourdock could not have said this any better. I'm against compromise. We need to stop it. It's weak. It's foolish. Our views are irreconcilable, conservatism. Why compromise? What is there, for example, about what Obama's done that we want to compromise with? All the Democrats ever mean by compromise is us caving on our principles and agreeing with them. They never compromise with us. They haven't even submitted a budget in over a thousand days. The Democrats don't care to compromise. Mourdock knows this. And here's Clinton, all worried about what this makes the United States sound like. To who? A bunch of western European socialists who can't even manage their own countries? Who cares? Mourdock, everybody else, trying to save the country. Now here's Clinton attempting to be helpful to Obama.
CLINTON: I'm not speaking for the White House, but I think you could tax me at a hundred percent and you wouldn't balance the budget. We are all gonna have to contribute to this, and if middle-class people's wages were going up again and we had some growth in the economy, I don't think they would object to going back to the tax rates that obtained when I was president.
RUSH: Right. So Clinton thinks you'd be happy to have your taxes raised, too, along with the rich people Obama wants to wipe out. This undercutting Obama big time.
Clinton could probably sell it. Obama, not so much.
Chelsea Clinton needs protection RIGHT NOW. Haven’t threats already been made against her life if the Clintons didn’t comply with Obama?
Clinton is doing to Obama what Ted Kennedy did to Jimmy Carter, sabotage his re-election bid.
why is Clinton getting all this exposure lately?
I sure wish he would go away
Why should we get a tax increase to pay down debt that WE had nothing to do with creating? Let every one of these clowns sell off their personal fortunes to whatever degree necessary to pay it down since THEY SPENT THE MONEY!
OMG ! Someone finally gets it!!
Looks like the Clintoons are finally getting some payback in for 2008.
I take it you are not a Rush listener. If you agree with what he said, then you will definitely appreciate his program. For example, today he resurrected the Trayvon Martin story, noting that the media has dropped it. He then goes on to explain:
Zimmerman's great-grandfather was black. It still makes him more black than Elizabeth Warren is Indian. You believe we're talking about people this way? You believe we have to categorize people this way? And we are simply reacting. This is the way the left, this is the way the media, this is the way Obama, the Democrat Party, look at people and categorize them. It wasn't me, folks. The New York Times calls George Zimmerman a white Hispanic.
This is absurd. I mean, all this attention they claim they have to the humanity of people, all of this compassion. They don't have the slightest bit of humanity when it comes to people. They simply look at them as faceless colors of skin, sexual orientation, gender, all of that. That's how they see them, victims, minorities.
Rush is the voice of conservative America.
And tax every welfare dollar we dole out. 7.2 % for SS and Medicare from every “entitlement” dollar whether its WIC, unemployment, Section 8, Medicaid treatment, welfare, Obama phones, job retraining, whatever. Time they learned their free shit isn’t really free.
heh ... Way to go Bill. Thanks. This is some payback for the way O’s campaign screwed Hillary in 2008 and gave her no respect. Bill is giving O the shiv and twisting it. It would have been fun to see what damage control evil genius Axelrod was up to today (btw his parents were both commies)
They never use the tax increases to pay down the debt, anyway.
He he he...Obama played the race card on old Bill in the SC dem primaries in ‘08 and in turn he plays the professional v. amateur card on the rookie.
If I were Obama, I’d stay away from Ft Marcy Park.
"I'll have a mocha latte with whip cream on top in a blue cup.
And don't spill any."
"Does anybody else want coffee?"
Lol! Thanks .. I needed that.
Maybe Boehner will pull a rabbit out of his hat before this session ends. Maybe the debt limit will run out before the election and Boehner will figure out how to use it to get Dems(Obama) to cave, we can always hope, but....
So far this Republicans congress (session) has shown themselves time after time to being amateur politicians with Dems acting like serious POLITICAL professional politicians who want to win and do.
Republicans always start out boasting while Dems play up to the cameras using it against them, as the polls go South they boast and keep saying that they won't give in, then finally when their voters in their districts call them up and yell at them they do the too familiar humiliating cave and Obama brags how he whipped them again.
It's more than the MSM, the two sides fight differently. Dems fight to win. They come in with a battle plan and work together.
From your link - the REASON the MSM wants this story to go away. Zimmerman was telling the truth - Trayvon's people were lying... (Trayvoln's people include members of the MSM)
Thanks for the ping. I saw the same or similar title at Human Events, but I got distracted.