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Obama demands $1.6 trillion tax boost, and an unlimited credit card
Daily Caller ^ | 11/30/2012 | Neil Munro

Posted on 11/30/2012 8:19:05 AM PST by Qbert

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"Sessions and other GOP legislators worry that Obama’s team is posturing in front of the media and voters, while actually delaying and blocking budget talks with Boehner... By posturing until Jan. 1, Obama can pressure Boehner and other Republicans leaders to rush an last-minute tax-increase through Congress while sidelining other legislators and voters, say GOP legislators, including Sessions."

You have been warned.

1 posted on 11/30/2012 8:19:08 AM PST by Qbert
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To: Qbert

The dictator is attempting now to consolidate his power.

President Morsi errr.. Obama.


2 posted on 11/30/2012 8:27:10 AM PST by headstamp 2 (What would Scooby do?)
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To: Qbert

No Democrat wants to take responsibility for their own actions.

As then Spkr. Rep. Nancy Pelosi once said: “We have to pass Obama’care’ to see what is in it.”

And now Benghazi-Coward Obama’s Democrats are saying: ‘We have to go over Obama’s Fiscal Cliff to see how far we fall financially.’


3 posted on 11/30/2012 8:28:41 AM PST by Graewoulf ((Traitor John Roberts' Obama"care" violates Sherman Anti-Trust Law, AND the U.S. Constitution.))
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To: Qbert

Let the taxes increase and don’t raise the debt ceiling.


4 posted on 11/30/2012 8:29:08 AM PST by HarleyD
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To: Qbert

“Obama demands $1.6 trillion tax boost, and an unlimited credit card”
***********

Or else.....what?????

Clue: This IS already what!

Semper Watching!

Wake Up Sleeping Giant!
This IS 1984+ Here and Now!

Semper Watching!
*****


5 posted on 11/30/2012 8:31:49 AM PST by gunnyg ("A Constitution changed from Freedom, can never be restored; Liberty, once lost, is lost forever...)
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To: Qbert
Maybe he got an American Express (Centurion) Black Card.

Photobucket

6 posted on 11/30/2012 8:33:15 AM PST by SkyDancer (Live your life in such a way that the Westboro church shows up at your funeral.)
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To: Qbert

Obama would not ask for it, if he did not think Bonehead would
not give in.


7 posted on 11/30/2012 8:37:16 AM PST by tennmountainman
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To: Qbert

Going over the cliff means budget cuts that will slice a whopping 10% of the deficit. How is that draconian?


8 posted on 11/30/2012 8:44:47 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: headstamp 2

The Shiite believe a tall black man will assume the reins of government in the West to usher in Islam’s “supposed” savior the mahdi, scary, here comes the antichrist, and it ain’t no European union leader nor a pope, it’s a mooslim!


9 posted on 11/30/2012 8:56:00 AM PST by IslamE (epiphany)
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To: csmusaret

"Going over the cliff means budget cuts that will slice a whopping 10% of the deficit. How is that draconian?"

Exactly. And a deficit that is 1.3 Trillion, at that.

Not to mention the fact that we had big spending cuts under Gingrich's leadership, and the sky did not fall. In fact (surprise, surprise) the economy soared without massive deficits.

10 posted on 11/30/2012 8:57:47 AM PST by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: Qbert

Fine. Increase tax rates however much you want. You won’t get more than $0.15T revenue increase. Tax revenue as a percentage of GDP doesn’t exceed 20%, and we’re at 19% now with GDP of $15T - do the math.

Oh, and unlimited spending on that credit card is being funded by writing 0% checks on the other credit cards; they’ll go to 30% in about a year. Just don’t miss any payments, or your credit score plummets and debt collectors crawl out of the woodwork. Yes, Mr. Obama, you can just walk away from all of it, leaving the rest of us to cope with the disaster - but before you do you’re on the hook for 4 years. Those cards will get maxed out before then, the 47% will turn on you when their EBTs don’t swipe or checks don’t arrive, the next generation of voters will realize they’re stuck with the tab for a party they didn’t attend, and that pesky Tea Party is regrouping & “going Galt”.


11 posted on 11/30/2012 8:59:24 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: csmusaret

It’s “draconian” because the 47% won’t take kindly to any cuts in handouts, much less $0.13T in reductions.


12 posted on 11/30/2012 9:04:24 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: ctdonath2

Obama has been running annual deficits of $1002 Billion each of the past four years. His plan to get us out of that fiscal hole? Raise $160 Billion in new taxes and spend an additional $50 Billion. Leaving us with $892 Billion of new debt is not a plan, it’s incompetency!


13 posted on 11/30/2012 9:05:59 AM PST by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: csmusaret

It’s “draconian” because the 47% won’t take kindly to any cuts in handouts, much less $0.13T in reductions.


14 posted on 11/30/2012 10:06:58 AM PST by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: Qbert

Hello inflation! Prepare now accordingly.


15 posted on 11/30/2012 10:15:21 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: headstamp 2

Indeed he’s dumb and dangerous yet to many fail to their eyes.


16 posted on 11/30/2012 11:01:28 AM PST by Vaduz
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To: Qbert

Hussein is laughing his ass off right now. His starting position for “negotiations” is a very unserious $1.6 Trillion dollar tax increase and no debt ceiling — ever.

At least Mitch saw the humor in it.

Unfortunately, Republicans will see these ridiculous demands as serious negotiating points and will reach across the aisle to only give Hussein a $1.4 Trillion tax increase, get a promise to consider budget cuts next year (Ha!) and then vote to raise the debt ceiling indefinitely for the next 10 years and try to claim it as a victory.


17 posted on 11/30/2012 11:33:24 AM PST by FerociousRabbit
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To: Qbert

If the Congress isn’t going to control the purse strings, then what do we need them for?


18 posted on 11/30/2012 12:41:32 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Qbert

The Republicans should just hang their heads and walk past the reporters without saying a word.


19 posted on 11/30/2012 12:43:09 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Qbert

Curious how all of the thoughtful and detailed budgets that Paul Ryan has developed—a number of them—have not been brought up in any of the ‘fiscal cliff’ discussions.

He’s the only one I trust in all of this.


20 posted on 11/30/2012 1:54:29 PM PST by ridesthemiles
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