Posted on 12/22/2012 5:46:49 AM PST by MulberryDraw
The White House on Friday tried to rescue stalled talks on a fiscal crisis after a Republican plan imploded in Congress, but there was little headway as lawmakers and President Barack Obama abandoned Washington for Christmas.
In remarks before flying to Hawaii for a break...
(Excerpt) Read more at finance.yahoo.com ...
Obama's wonderful proposal before flying to Hawaii for yet another vacation: "fix the most pressing challenge - tax cuts that expire soon - while leaving thorny topics such as automatic spending cuts or extending the debt ceiling for later.". (i.e. Kick the can again). Are we surprised???
At least Obama didn’t let the fiscal cliff stuff interfere with his 17-day vacation in Hawaii.
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There is no downside for Obama going over the fiscal cliff...none whatsoever...
We are going over...
Even if Bohner gives Obama everything he wants...he still won’t sign the bill...
Going over the cliff achieves his goals...
Tax the rich
Cut the military
Why would he give the GOP even a symbolic victory? ...he will talk like he is...but he won’t...
In the eyes of the childish “media”, Barry can do no wrong.
The taxes from the un-implementable Obamacare, the AMT rollback, and the payroll tax holiday are worse.
Haven’t heard anyone in DC, either side, even proposing bills on these.
The game is to claim victory now (keep Bush tax cuts for 98%), then watch the decline accellerate, and be able to blame the other side. Any guess which side wins that war?
You forgot one goal..
Blame the republicans
Trust me, he’ll blame um. Bonehead will accept the blame.
The Incompetent One referred to his vacation as a few days.
Face it folks; no politician in either party thinks we can ever balance the budget again. If they did they would not be engaged in bitter battles about how to shave a mere $200 Billion off a deficit that totals $1002 Billion. What about the fiscal cliff which both sides fear like it was Armageddon? It only reduces the red ink by $464 Billion leaving a hole of more than half a Trillion dollars. If cutting spending and increasing revenues enough to reduce the deficit to $538 Billion will crash the economy and send us all to financial ruin how in the hell can we ever get it to zero?
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