Poll Position: How to avoid the fiscal cliff?

The election is over, but there is real work to be done in Washington before President Obama even begins his second term. On Jan. 1, about seven and a half weeks from now, we take a flying leap over the fiscal cliff unless Obama and Congress can strike a deal to avoid it. Oh, and the debt ceiling will probably have to be raised again before the end of 2012, too.

How should Obama and Congress steer us away from the fiscal cliff? (Please vote for one tax option and one spending option)

  • Raise tax rates (53 Votes)
  • Cut spending across the board, cap future increases (48 Votes)
  • Reform entitlements to slow spending growth (46 Votes)
  • Close tax loopholes (45 Votes)
  • Focus on defense, other discretionary spending (39 Votes)
  • Do nothing; bring on the fiscal cliff! (19 Votes)
  • Be revenue-neutral, spark growth to raise revenue (18 Votes)
  • Create a VAT or other new tax (4 Votes)

Total Voters: 163

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This time, Obama is inheriting a mess from himself. The Congressional Budget Office estimates that going over the fiscal cliff would plunge us back into recession and push the unemployment rate back above 9 percent. So it’s a pretty darn important issue.

If Bob Woodward’s recent book portrayed him accurately, as a man who misreads his negotiating partners and overestimates his ability to best them, he’ll need every bit of those seven and a half weeks to reach an accommodation with the still-Democratic-held Senate and the still-GOP-led House.

(Obama’s first order of business? He’s leaving next week for a trip to visit three crucial allies of ours: Thailand, Burma and Cambodia.)

By all accounts, Obama and Congress will be taking another shot at the kind of “grand bargain” they nearly reached in the summer of 2011 before Obama reportedly tried to squeeze more revenue out of the deal and Speaker John Boehner balked. In practical political terms, this means Obama and Boehner have to cut a deal: The Senate has been an inoperable mess the past two years, there appears to be no bridge between Boehner and Senate Majority Leader Harry Reid, and in his post-re-election afterglow Obama can afford to twist the arms of Senate Democrats even without Reid’s cooperation (and maybe some House Democrats without Nancy Pelosi’s help) if that’s what it takes.

In practical policy terms, we can expect some combination of more revenue and less spending. Any more detail beyond that is where it gets cloudy.

More revenue can take a lot of forms: Higher tax rates, fewer tax loopholes, some combination of the two, something totally new (such as a federal consumption tax, like the VATs in Europe). In reality, the revenue situation is not going to improve until the economy gets back to its pre-recession self.

Likewise, spending cuts mean different things to different people. In Washington, a spending “cut” usually really means slower increases in spending than would have happened otherwise. That has worked in the past, but time is no longer on our side. The only way merely slower growth in spending would work is if it takes place in a serious way in the main drivers of budget deficits: Social Security, Medicare and, to some degree, Medicaid.

So, what’s the best way to go about each problem? That’s this week’s Poll Position question. See the choices in the nearby poll and vote — you’ll be able to select two, preferably one on the tax side and one on the spending side — and then explain your position in the comments thread below.

– By Kyle Wingfield

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303 comments Add your comment

MarkV

November 9th, 2012
10:57 am

Kyle, first you have to fix the voting panel. It does not allow more than one choice.

Bye Bye Cheesy Grits

November 9th, 2012
11:01 am

Id say making people like Cheesy Grits pay a higher rate than 14 percent when the average America pays a much higher percentage would be a start.

When your Military is spending more than the next 10 countries combined something is wrong. Bring troops home from Germany and S Korea and other places where they aren’t really needed.

Some, like Cheesy Grits, are still stuck in a cold war way of thinking about the Military etc. Listen Russia isn’t going to invade anytime soon. Our biggest threat is terrorism anyway and you can fight that with a lean focused military.

Get rid off all the loopholes that allow some, like Cheesy Grits, to simply move their money to the Cayman Islands or to a Swiss bank account.

Aquagirl

November 9th, 2012
11:01 am

first you have to fix the voting panel. It does not allow more than one choice.

Hey, a compromise to combine revenue increases and spending cuts…oh, wait. Danged sneaky conservatives. :)

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:06 am

Your poll wouldn’t let me vote for one tax and one spending choice, so I just picked closing tax loopholes.

I would have also picked the across the board cuts if I could.

Loved your snarky comment about Obama’s first order of business as well, Kyle. ;)

Nice to see he has his priorities in place. :roll:

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

November 9th, 2012
11:07 am

Whatever obozo does in the light of Congress, he’ll offset it in the dark of his socialist rathole.

MarkV

November 9th, 2012
11:07 am

There is again that “sky is falling” notion, in this case January 1st as a cliff to “take a flying leap” from. Actually, nothing much will happen if a decision is not reached by January 1st. True, some tax laws will nominally expire and others will take effect, but the Congress and the President can take retroactive action at a later date. Inaction by January 1st may cause a drop on the stock market, but we have seen those before and they do not have to have a permanent effect.

Dusty

November 9th, 2012
11:09 am

Kyle, two choices when the webpage allows only one???

I think we are going over the fiscal cliff but I will vote for something.

Close tax loopholes. Everybody gets the same treatment.

Cut spending across the board. We don’t have time to pick and choose. It is too late.

Will

November 9th, 2012
11:12 am

Two thoughts.

I like the Boortz 23% Flat Tax Rate Plan. If this was implemented, the rich like Governor Romney could never get away with paying a 14% tax rate. Can you imagine the additional revenue that would be generated from the rich if they had to pay a 23% tax rate?

I am a little disappointed in that we will never see the Romney/Ryan Super Duper Secret Plan to balance the budget by the end of their second term. Let’s see, cut spending and close “tax loopholes”, thereby increasing revenue. What loopholes? What Spending? That was the Super Duper Secret that we will never know!

In hindsight it may have been a bad idea to keep a Super Duper Secret from the American voters! Even lots of voters of the Pale Male Party had a hard time with that one.

MarkV

November 9th, 2012
11:13 am

The President campaigned on increasing taxes on the highest incomes. The polls show that idea to have support of the majority of people. The President won the reelection. Speaker Boehner should remember those facts.

WTF?

November 9th, 2012
11:13 am

By all means, Kyle – the obvious way to avoid the fiscal cliff is to screw the middle class, right?

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:15 am

“Actually, nothing much will happen if a decision is not reached by January 1st.”

Really, MarkV?

Then I guess all those layoff notices to defense contractors won’t be going out when $500 billion in defense spending cuts take place?

Or is that just another way of keeping unemployment figures low by not reporting the largest state’s unemployment numbers just before the election?

1%er

November 9th, 2012
11:16 am

Govt spending and projected growth rates are clearly unsustainable. A balance of spending cuts and revenue increases has the best chance of improving the stability of our system, only if they are tied to a system to cap future spending increases. Politicians have an incentive to spend not just all they bring in, but more to keep as many constituents happy as possible – this needs to be curtailed by law.

What was lost in the debate on the rich paying their fair share is that raising tax rates to 39.6% or more for top income earners will not affect Mitt Romney or Warren Buffet. You need equalize all income – whether from investment (capital gains), or labor and tax at the same rate (hopefully keeping rates the same as now while increasing net revenue). This would level the playing field for those of us who are trying hard to get wealth to those who are living off their current wealth.

All 1%ers are not the same. Some of us pay 40+% taxes (including state) while others focused on by Obama and the media pay only 14%. Yet the solutions proposed hit those already paying high rates. It makes no sense.

All-American White Male (The vanishing breed)

November 9th, 2012
11:16 am

“(Obama’s first order of business? He’s leaving next week for a trip to visit three crucial allies of ours: Thailand, Burma and Cambodia.)”

Yet another taxpayer financed vacation? This guy has real class!

Heckle and JayKyle

November 9th, 2012
11:17 am

Obama is going to Thailand for Thai Sticks!! That explains Debate1. Obama was stoned! OMG. I figured it out. I’m at a McDonalds. there’s cars pulling up with screetching tires, and men in suits and guns….help, they’re ge

MarkV

November 9th, 2012
11:18 am

“Then I guess all those layoff notices to defense contractors won’t be going out when $500 billion in defense spending cuts take place?”

You guess right, for a change. No layoff notices will go out if there is still negotiation going on.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:18 am

The Founding Fathers created a system of checks and balances inside of a Constitutional Republic which keeps democratic solutions (as in, the tyranny of the majority) from taking place.

The legislative branch is part of those checks and balances.

The President would be wise to remember that fact.

Lucius Dark

November 9th, 2012
11:18 am

Obama is dealing from a position of ultimate power now. If he just sits on his hands and does nothing three things will happen. 1. Huge defense cuts in RED states (with NO cuts to entitlements). 2. Tax increases on the wealthy kick in automatically. 3. The GOP will be perceived as thinking that saving billionaires from tax increases is more important than avoiding a recession. (which will result in the GOP loss of the house in 2 years). The only solution is to allow tax increases for the wealthy – anything else could be the last nail in the coffin of the Republican party.

Dusty

November 9th, 2012
11:19 am

Procrastination, thy name means put off until tomorrow as in free fall economics.

Sky divers say free fall is fun but i don’t want to try it. Not by jumping off the fiscal cliff. .

LKH

November 9th, 2012
11:19 am

You did not offer the president’s option for taxes–letting the Bush cuts expire for the wealthy. Biased poll?

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:22 am

“No layoff notices will go out if there is still negotiation going on.”

Not in the real world, MarkV. Join us there sometime. If negotiations are still ongoing, yet not vote has been taken to delay the sequestration, the cuts go into effect, sonny.

Bye Bye Cheesy Grits

November 9th, 2012
11:25 am

Funny how Nate Silver andf the New York times pretty much nailed the election.

Dick Morris, Karl Rove, Kyles gut, they didnt do as well.

Heckle and JayKyle

November 9th, 2012
11:26 am

The truth about the fiscal cliff is that it’s the grand canyon and nothing can be done, except to send evel kneivel over it as a side show, (the election?).

If you say, “Cut Spending”, then nothing can be done. If you offer to raise taxes, then nothing can be done. If you offer both, then nothing can be done.

There is no solution. Nobody will cut spending. not my money. Go head. make my day. Nobody will raise taxes. Not my taxes. go head. make my day. nobody will do both. not my taxes and money. go head. make my day.

WE aren’t capable of even discussing the fiscal cliff, which is an idiotic way of saying resource allocation, than we are of discussing medical pot, man.

Dusty

November 9th, 2012
11:26 am

Oh yes! Let us sack the rich and then we can all be poor together. What a brilliant idea!

Too bad the communist thought of it before we did. Awwwww

Bye Bye Cheesy Grits

November 9th, 2012
11:27 am

The President would be wise to remember that fact.

The Republicans just got their tails kicked in the election.

White House – Lost
Senate – Lost Seats
House – Lost Seats

They should remember that fact.

2014 isn’t that far off and if they dont work with Obama Republicans will lose the House.

Bye Bye Cheesy Grits

November 9th, 2012
11:28 am

Oh yes! Let us sack the rich and then we can all be poor together. What a brilliant idea!

No one is saying that.

But when Mitt Romney pays 14 percent and I’m paying 30 percent

Something is wrong.

MarkV

November 9th, 2012
11:29 am

I told you once before, Tiberius, but I understand your memory is faulty, so I will repeat: I am not your son, would be ashamed if I were. You already had to stop the mocking distortions of blog names you had practiced, and that should have taught you.

Heckle and JayKyle

November 9th, 2012
11:30 am

How angry is the Right? While Obama was giving his victory speech, Hannity was saying, “Shut up and start dealing with the nation’s problems. He’s going on and on when he could be fixing the fiscal cliff.”

That’s sooooo angry. Poor Hannity, he needs some medical pot. I suggest a vacay to the Rocky Mountains.

Kyle Wingfield

November 9th, 2012
11:30 am

Sorry, everyone, about the one-answer thing. Apparently, any time I make any other change to the poll, it reverts back to allowing only one choice for some reason. It should be fixed now — and stay fixed, as long as there aren’t any other problems with the poll.

Heckle and JayKyle

November 9th, 2012
11:33 am

Now that there’s nothing at stake, I would like to see Romney’s tax returns. If there’s nothing to hide, then it’s going to make Obama look really bad and give Boehner the moral ascendancy to fix the fiscal cliff his way.

Show us the returns! Show us the returns!! (everybody shout this).

Oblama

November 9th, 2012
11:34 am

How to avoid the fiscal cliff . Maybe a nation wide lottery to reduce the debt? Better make it quick.

iggy

November 9th, 2012
11:35 am

Boner and company should give Obama what he wants. The result will be a huge mess and laid at the dems feet for the 2016 elections.

PS…get ready for the impeding mountain of pink slips and business closings.

Beyond The Middle of the Road

November 9th, 2012
11:37 am

The main purpose of the President’s trip is to attend the East Asia Summit. The three stopovers in Cambodia, Myanmar and Thailand are visits of convenience. The Summit is being attended by Premiers, Prime Ministers and Presidents from a lot of high-profile countries including China, Russia, India, Japan, Australia, Singapore, Malaysia and many others. The timing of the trip may not be ideal but the importance of the trip can not be underestimated. Heck, the very fact that China is throwing a temper tantrum over the Myanmar stopover is worth the price of admission. And keep in mind that we finally swapped ambassadors with this country earlier this year for the first time since the Bush 41 administration so this visit will help seal the newly improved relationship we have with that country.

Oblama

November 9th, 2012
11:37 am

Heckle – Now that the election is over show me Obama’s birth certificate and his transcripts. The IRS has Romney’s tax records. Have they charged him with illegalities? NO……

Oblama

November 9th, 2012
11:39 am

Obama’s on the way to see his comrade, the former leader of the KGB, Vlad Putin and take care of what he promised him after the election. He will take care of the fiscal cliff later if it’s not to late.

iggy

November 9th, 2012
11:40 am

I want to see the Bush tax cuts expire. I can handle any tax increase, can you?

Dusty

November 9th, 2012
11:41 am

Hey, let us not condemn President Obama’s important triip to Thailand , Cambodia, etc.

He has a PLAN!

First: He will bring some of that great Thai cuisine back and feed Congress. Voila! Le compromise!

Second: He will bring a promise from Cambodia to rid itself of Pol Pot. Eureka! A great achievement! Democrats celebrate at the UN. (But but Pol Pot died in 1998. But let us not bother with minutia.)

Oblama

November 9th, 2012
11:41 am

Fiscal cliff? Can you stop a speeding locomotive in two seconds?

middle of the road

November 9th, 2012
11:41 am

I think the choices in the survey are too limiting. What it may take is a combination of all of the above!!

I do believe we need to look at some things separately – such as Social Security and Medicare. These should have separate budgets and should be balanced within ts own budget. Unlike some folks, I don’t think Medicare should be subsidized with general income tax revenue. Also things such as the Highway trust fund should have a balanced budget within their own budget.

Bye Bye Cheesy Grits

November 9th, 2012
11:41 am

Heckle – Now that the election is over show me Obama’s birth certificate and his transcripts. The IRS has Romney’s tax records. Have they charged him with illegalities? NO……

Wow. The birther stuff still lives on.

Republican party = Fail

And btw nobody said Romney did anything illegal.

He didn’t. He just didn’t want everybody to see how little he actually paid in taxes.

As it stands just a few years returns and Americans seeing that he only paid 14 percent was bad enough for him.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:42 am

MarkV’s blather at 11:29 shows he’s incapable of admitting he was wrong on his earlier point.

Bye Bye Cheesy Grits

November 9th, 2012
11:43 am

I want to see the Bush tax cuts expire. I can handle any tax increase, can you?

Sure. I can.

Somebody has to pay all those bills we’ve been running up with out of control military spending and two unfunded wars.

The bill is coming due.

Oblama

November 9th, 2012
11:44 am

If Obama has reduced the Fed debt by ONE CENT from what it is today by the end of his 2nd term I will donate my house to his favorite charity. Unfortunately I won’t be moving out.

Logical Dude

November 9th, 2012
11:44 am

Raise Tax Rates
Close Tax Loopholes
Reform Entitlements
Focus on Defense, other discretionary spending

Yes, we are in a deep hole, and only one or two choices will not get us to where we need to be. Large actions across the board affecting everyone in the country. We are all in this together, so we will all need to act for the good of the country (by either paying more, or receiving less).

ALL OF US.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:44 am

“And btw nobody said Romney did anything illegal.”

How quickly the clueless forget. That’s ALL you Obama folks could insinuate when Romney didn’t give you what you wanted.

Stephanie Cutter called him a felon (although it wasn’t on his tax returns).

iggy

November 9th, 2012
11:45 am

And so what if the Obama tax plan gave to all those making below $25K annually, $50 extra per their pay period. Thats a cut equivalent to $50 in their pocket, per pay period…lettuce just suppose?

Would that be enough? Would $100 per pay period be enough? How much would it take? Anyone?

All-American Angry White Male (The vanishing breed)

November 9th, 2012
11:48 am

Kyle:

The ONLY way this can be done is by:

Cut spending across the board, cap future increases, and raise tax rates on everone equally.

Bye Bye Cheesy Grits

November 9th, 2012
11:48 am

How quickly the clueless forget. That’s ALL you Obama folks could insinuate when Romney didn’t give you what you wanted.

Not me. I’m sure some did.

I dont remember Obama ever saying that or any of his surrogates.

Anyway the point remains.

Romney did not break the law.

But there is a reason he didn’t release those returns dummy.

He didn’t want people to see how little he paid in taxes.

End of story.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:48 am

“The main purpose of the President’s trip is to attend the East Asia Summit. ”

Some people might actually feel as if avoiding a fiscal cliff might be more important than this photo-op.

Send Biden.

Ooops, never mind . . .

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:49 am

Obama’s first order of business? He’s leaving next week for a trip to visit three crucial allies of ours: Thailand, Burma and Cambodia.)

Yeah, Cons don’t know we can work by phone, fax, video, email, etc. Always have to be in the room in case the landline rings!

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:49 am

I should amend : avoiding a fiscal cliff that could take down the world’s largest economy and bring the rest of the world with it”

Bye Bye Cheesy Grits

November 9th, 2012
11:50 am

Thats a cut equivalent to $50 in their pocket, per pay period…lettuce just suppose?

50 bucks puts alot of bologna sandwiches on alot of tables for poor people.

You have no idea what your talking about.

Oblama

November 9th, 2012
11:51 am

grits – Romney was within the law. He gave millions to charity and that reduced his % of tax but you know that. He has paid more tax and donated more to charity than all the Dems in Congress, Bill Clinton and Obama included. Hillary wrote off Bill’s worn out underwear. Obama’s donation to charity is miniscule, Biden’s is non existent. Go investigate them.

Halftrack

November 9th, 2012
11:51 am

The “fiscal cliff” is too large to have a good solution in 2 months time. Dr. Adrian Rogers, pastor, said it best:

” You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another must work for without receiving. The government cannot give to anyone anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my friends is about the end of any nation. You cannot multiply wealth by dividing it. “

America is at a crossroads and we must seek the ancient path of the good way and the one that works.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:51 am

Maybe the Dems won because they have superior technology – no more horses and buggies, no more bayonets, no more out houses, no more telegraphs and Pony Express riders.

iggy

November 9th, 2012
11:52 am

What about $100 worth of Grits per pay period then. Is that enough. How much is enough?

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:52 am

Hey, Sheldon Adelson, how you like that Citizens United now?

iggy

November 9th, 2012
11:53 am

“Maybe the Dems won because they have superior technology”

Well they did hit their target areas and maximzed their opportunities. Credit where credit is due.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:53 am

Is this the first President capable of multi-tasking?

sounds like it…..

Oblama

November 9th, 2012
11:54 am

I don’t care if Obama travels out of country….. he won’t be missed here. Have fun and return home safely.

Kyle Wingfield

November 9th, 2012
11:54 am

It appears that my fixing the poll settings has wiped away the earlier votes. The good news is, those of you who only got to pick one option before can now pick two, as it was supposed to be all along.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
11:55 am

Yeah, Finn, ’cause it’s always so much better to negotiate issues that may or may not bring down your country’s economy by fax. :roll:

Too bad you voted back in the Children’s Table.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:55 am

I hear Kyle uses a runner to send in his blog posts. After it comes off the Selectric, the runner takes it to the guy working on teh interwebs.

All-American Angry White Male (The vanishing breed)

November 9th, 2012
11:56 am

“Yeah, Cons don’t know we can work by phone, fax, video, email, etc. Always have to be in the room in case the landline rings!”

Why doesn’t the idot conduct his business with Thailand, Burma and Cambodia bu “phone, fax, video, email, etc” instead of spending millions to make the trip?

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
11:57 am

those of you who only got to pick one option before can now pick two

Cons been voting twice all week!

iggy

November 9th, 2012
11:58 am

Perhaps Daddy Longlegs tax policy should consist of handing out cash just for us all being good soldiers or taking out the trash or cleaning our rooms or for not using instant grits…an allowance if you will…

yuzeyurbrane

November 9th, 2012
12:00 pm

Kyle, your poll construct is inartful and will probably lead to inaccurate results. You should have included one option of “spending cuts and tax increases” which most people understand. I think the 2 vote instruction you gave is confusing. Factually, you are just wrong about Social Security being a driver of deficits. It is off the general budget and is not included in deficit calculations. Further, it has not contributed one penny to the deficit to date and has a huge multi-trillion dollar Trust Fund balance invested in safe interest earning U.S. Treasury bonds–the same investment that is probably part of your 401-k and is also held by most billionaires, banks, stock brokers and many foreign countries. Until last year in fact, the annual revenue from FICA taxes exceeded the SS payments to Seniors. There was a shortfall last year which will probably continue until the economy improves FICA revenues but that shortfall was paid by earned interest on the invested U.S, Treasuries combined with some redemptions. Even if there are continued shortfalls, there is enough in the Trust Fund investments to continue paying retirees 100% of their earned SS benefits until at least 2033. I hope the rest of your “facts” are more accurate.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:00 pm

hey, i like instant grits! Cheesy instant grits….

Richard

November 9th, 2012
12:01 pm

If they’re smart (I’ll give you a minute to stop laughing your arse off), they’ll kill two birds with one stone by striking a deal to improve social security.

What am I talking about? Get rid of the SS cap that says you don’t have to pay into it on income above $200,000. This cap is one of the most asinine things going on right now since it basically forces SS as a regressive tax.

Maybe then, Obama gets the “rich pay a little more” and the GOP avoids the increase in tax rate.

I’ll hold my breath.

Oblama

November 9th, 2012
12:02 pm

My offer stands: I bet my house against yours that the Fed debt won’t be ONE CENT lower on the last day of Obama’s 2nd term than it is today. Hope I am wrong but I don’t think I will be moving.

1961_Xer

November 9th, 2012
12:02 pm

Trillion dollar budget deficits are unsustainable. Prediction: This president is presiding over the demise of the U.S. does anyone really think that we can be 20+ trillion in debt four years from now and our country survive as we know it? Seriously? And if Democrats hold congress/presidency for 8 more years, that goes to $27+ trillion. That is like having $50k in income and being $250k in Credit card debt. It is not likely the U.S. will EVER grow enough to reduce that kind of income/debt ratio.

And when the U.S. goes down, so does the world. No recovering from that kind of fall … even in the lifetimes of our children.

Sorry, but this election was about the long term survival of our country… and the country voted to go bankrupt in about 10 years.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
12:02 pm

yuz, you’re living in a fantasy world on Social Security.

Raiding the “trust fund” to pay for things today is deficit spending. If you don;t have the SS revenues to pay back the IOU’s (and we DON’T) that is deficit spending.

Peddle your fiction elsewhere.

iggy

November 9th, 2012
12:03 pm

“hey, i like instant grits! Cheesy instant grits….”

For better or worse I fear many people will begin to have the opportunity to get acquainted with such fine dining, as after losing their job, is all they will be able to afford.

“What, me worry”

Hillbilly D

November 9th, 2012
12:04 pm

In my opinion, there’s only one way to go but the chances of it happening are slim and none.

First off, cut spending, across the board, whatever percentage you figure it needs to be. If you start the “but we can’t afford to cut there” game, nothing will get done (see last few years).
Second, start getting rid of all deductions, subsidies, credits, etc. Move toward taxing all income the same. You make X amount of dollars, you pay X amount of taxes. That’ll take many years to phase in but you might as well get started.

Once those two things have been done, and only then, we can talk about raising taxes, if necessary. As we’ve seen over and over in the past, if you start with the tax increase, the spending cuts part of the deal will disappear. I don’t trust a one of them up there to keep their word on anything.

Do I think this will happen. No. They’ll go to the cliff again, come up with some kind of “compromise” and kick the can a little farther down the road.

Oblama

November 9th, 2012
12:05 pm

Another option would be to let China foreclose.

iggy

November 9th, 2012
12:09 pm

Finn, you’ve given inspiration…Govt Cheesey Grits!!

Dress that line comrades and EAT THOSE CHEESEY GRITS…LOSER!!!

MarkV

November 9th, 2012
12:10 pm

“MarkV’s blather at 11:29 shows he’s incapable of admitting he was wrong on his earlier point.”

Tiberius’ worn out, stupid response: To proclaim his victory.

Oblama

November 9th, 2012
12:10 pm

Ask China and Japan if they will accept the states that voted Obama as payment of debt.

jconservative

November 9th, 2012
12:12 pm

“How to avoid the fiscal cliff?”

I would say the most important thing is for both sides not to take anything off the table. And this will be the most difficult part of resolving the issue. Since the election both sides are taking items off the table.

For example, in his column Kyle takes over 30% of spending off the table. “…the main drivers of budget deficits: Social Security, Medicare and, to some degree, Medicaid.” Where is defense?
Defense must be on the table.

The president and the Democratic Senate want more revenue. They will get it starting 12/31/2012 when the Bush and Obama tax cuts expire. Nobody has to vote on any bill, nobody has to sign a bill. It is a done deal.

The president and the Republican House want spending cuts. They will get their spending cuts on 1/2/2013 when the sequestered spending cuts go into effect. $110 Billion the first year. And, like the revenue increase, nobody has to vote for anything or sign anything. It is a done deal.

This is a deal done by the Republicans and Democrats in Congress and a Democratic White House.

You do not like the deals? How bad do you not like it? Do you hate it enough to compromise on “This” in order to get “That”?

If either side refuses to compromise, we are headed over the cliff.

And that may be the best solution for the long term health of the country.

Oblama

November 9th, 2012
12:12 pm

GO DAWGS ———– TAKE AUBURN OUT BEHIND THE BARN!!!!!!!

Kyle Wingfield

November 9th, 2012
12:12 pm

yuze @ 12:00: I’ll admit the construct is imperfect. But I don’t know how people could be fooled into thinking “spending cuts and tax increases” isn’t an option when both the poll header and the text of the post tell them to vote for one tax option and one spending option, and different forms of both spending cuts and tax increases are options. In any case, I don’t know why I should be any more worried about people voting and commenting without reading, or understanding what they’ve read, than I am about every other post I publish.

As for Social Security: I see you believe the fact that a different part of the federal government has to pay for it — that’s what those T-bonds represent, after all — means it’s not a problem. I strongly disagree. The fact that SS funds were put in T-bonds necessarily means the money was already spent, and that new money has to come in to make up for it and pay back the bondholders (us). Where do you think that new money will come from? Us. Paul is no better off when Peter repays him with more money he borrowed from him.

And the fact that a lot of other investors hold T-bonds doesn’t make me feel any better, frankly. In the end, that just means there are more hands out asking to be repaid. They are “safe” investments right up until the moment they aren’t safe. That’s the whole problem!

Kyle Wingfield

November 9th, 2012
12:14 pm

“in his column Kyle takes over 30% of spending off the table. … Where is defense?”

It’s not in my column, jconservative, but it’s right there as one of the poll options. Two options, really, given that “cut spending across the board” necessarily includes defense with everything else.

Henne

November 9th, 2012
12:15 pm

I voted for across-the-board cuts, but there is great opportunity for huge short-term savings in defense that absolutely will not jeopardize our security.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
12:15 pm

MarkV’s tired, worn out response: deflect and cower.

snoqualmiefalls

November 9th, 2012
12:17 pm

Let us explore what Peter Morrison, the Treasurer of Hardin County in Texas, Republican, has to say about our President and the folks who voted for him. “Maggots” was the genteel term he used for folks voting for our President. The country is” lost”… so what is the answere ???? Leave the Union of course… a very natural reaction for confederates. Please leave and welcome the Republic of Mexico as your new fedral government.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:18 pm

McConnel needs to grab an olive branch and walk shoeless from the Capitol building to the White House and present Big O with the branch….then we can talk.

George P. Burdell

November 9th, 2012
12:21 pm

I went back and looked at federal spending back in 2001 to see what it looked like before the tax cuts, wars, Medicare part D, Bush programs, Obama programs, etc. I looked as spending in the major categories( SS, healthcare, education, defense, welfare and everything else), now compared to then. If you look to reduce expenses to $2.8 trillion ( not feasible, but much closer to current revenues ), and set spending to the same proportion as 2001, education, defense and welfare all need a reduction of 38%. Healthcare is not far behind at 30%. Surprising to me, Social Security would only need a 13% cut while everything else would only need a cut of 8.5%.

That tells me that everyone has some blame in this fight. Some will harp on defense spending, some welfare and education, and a bunch on healthcare and social security. A big problem is that social security really hasn’t increased much yet but we know it is coming. Same with healthcare ( Medicare, Medicaid). These two areas will increase automatically, we know they are going to increase without reform, and yet overall they have not, contrary to popular opinion, been the main drivers in increased spending. If we decide we cannot touch these two areas, even more drastic cuts are necessary in the remaining areas and eventually that will not cover it.

Even if we could magically raise taxes to the point that we cover current expenditures, the other categories would have to be cut pretty drastically to cover future increases in social security and healthcare. We cannot raise taxes to that level without having a devastating effect on the economy and therefore tax revenues, at least not all at one time. The sad truth is that it is past time for reform in SS and medicare but that can will most likely continue to be kicked down the road. It has simply become too difficult politically to do so. Therefore, I think we go over the cliff whether it is soon or some day we push it to in the future. I hate to be so pessimistic, but we have shown very little fortitude in dealing with the small pain and I don’t see us coming to our senses to deal with the big pain until we are absolutely forced to. The sad truth is that a significant portion of our GDP is dependant upon government deficit spending. It is going to hurt to take that away but until we do, we are just living on borrowed time and money.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
12:21 pm

We’ll see if Obama’s previous way of compromise, “Do it my way or else” gives way to something more adult.

It would be just like this personable, yet incompetent President to take his re-election as some sort of bargaining leverage. Given his disdain for the Constitution he has sworn to uphold, however, it wouldn’t surprise me if he tries to bluster his way past the legislative checks and balances once again.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
12:24 pm

snoqualmiefalls, let’s explore the issue at hand, shall we?

The post election comment thread is below.

Or you could just take some Ritalin and FOCUS!

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:25 pm

I say we go to Puerto Rico and say “You want to be a state? Well, we have this debt we need paid off….”

We picked up the Louisiana Purchase and Alaska by way of financial transaction……just sayin’.

Cuber, you want to be a state? Haiti….um never mind. Dominican Republic, you want to be a state?

MarkV

November 9th, 2012
12:25 pm

Henne @12:15 pm

I respectfully disagree. A short term saving by large cuts in defense spending would be counter- productive, because of the loss of jobs in the defense industry. Small immediate defense spending cuts may be the way to go, but it is the saving in the long term by reducing the huge unnecessary military expenditures all over the world that is necessary for the fiscal health of the country.

iggy

November 9th, 2012
12:27 pm

Instead of an olive branch McConnel could introduce Michelle to a orthodontist so she could rid herself of that underbite.

iggy

November 9th, 2012
12:29 pm

Cant count on Pueto Rico. Everytime the “fish are running” the govt offices are like a ghost town.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
12:31 pm

iggy @ 12:29: :lol:

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:32 pm

We could sell Texas to Mexico.

actually, that sounds really good!

Dusty

November 9th, 2012
12:32 pm

Hillbilly D

I am afraid that many Americans have dropped from their vocabulary the words: cut, manage, independence, thrift, balance and other words that spell out personal responsibility. They care more about having their”free” handouts than they care about the country.

If Americans still believed in self reliance they would not have voted for Presdient Obama whom they believe is the “Santa Claus” of government. They wanted the “giving” to keep going even as we hang over the fiscal cliff.

We can have polls from now to Christmas but it won’t make a bit of difference. Americans have been blinded by handouts, freebies, and political propaganda. We no longer see clearly.

I will manage but I fear for those who come after me. When ideology concerns only material things, the future is dull and declining. What a shame that is for the USA which was built on the premise of independence, freedom and love of country. That premise is now ridiculed. . .

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:35 pm

We would need to change the name “Puerto Rico” to “Obamistan”.

Hillbilly D

November 9th, 2012
12:36 pm

Leave the Union of course… a very natural reaction for confederates.

The first group to ever mention seceeding from the Union was made up of New Englanders in the War of 1812. And by the way Idaho, Wyoming, Utah, Nebraska, Oklahoma, Kentucky, West Virginia, and even Bleeding Kansas, all gave 60% or more of their vote to Romney. Nary an old Confederate state in that group.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:37 pm

you doomsayers really need to get a grip.

He didn’t ruin the place in 4 years, he isn’t going to ruin it in the next 4. Heck, we made it through 8 years with a retarded guy….

gdrla

November 9th, 2012
12:43 pm

Kyle – Obama is NOT inheriting this mess from himself – The REPUBLICAN Congress is somewhat involved & shares blame – the Federal budget issues are just like my personal household ones albeit much larger – increase cash flow (revenues = taxes) & reduce spending (outgo) – PUT IT ALL ON THE TABLE – and YES, I AM ENTITLED – I have worked for the past 50 years starting when I was 14 & $$ has come out of my paycheck to ensure part of my retirement – now that I am within 2 years of needing and wanting to receive it someone wants to change the rules – This mess is fixable if the leaders – including BOTH Obama & the Republican House – can put aside the partisan BS & get down to it – I do recall that Obama put it all on the table last summer & was rebuffed. And, accurate analysis of the majority of the debt over the past 80 years shows that most of it was put there by Republican (fiscal conservatives – ?) Presidents. But I do note that they did NOT veto the measures put forth by the Democratic controlled congresses of the time so BOTH parties are complicit in this issue.

Dawg79

November 9th, 2012
12:43 pm

Tell the Speaker to get in line or the cut go through. He is not the president, and he doesn’t get his way. The tax cuts for the upper income people WILL have to expire and some defense cuts WILL be on the table, as WILL some entitlment spending. Congress brought this deadline on themselves, THEY agreed to these cuts if THEY couldn’t reach a deal and THEY will now play ball with the POTUS’s ball or else. Obama tried to be too nice a guy in term 1, this time HE will execute presidential powers!

Dusty

November 9th, 2012
12:48 pm

Finn,

You are exactly what I am talking about. One track minds, insults, and no care for the country.

George W. Bush was no more retarded than you are. I take that back. err. Wrong comparison.

Bush was not retarded and neither is Obama. But the goals of each were and are different and I prefer what Bush advocated which was freedom from terror and help for the country.

Now say something “smart” as usual. It is a routine we know too well.

JamVet

November 9th, 2012
12:49 pm

The only way merely slower growth in spending would work is if it takes place in a serious way in the main drivers of budget deficits: Social Security, Medicare and, to some degree, Medicaid.

Yes, in the GOP’s parallel universe called Ostrichland, there are only TWO huge components of federal expenditures, not THREE.

You seem to be “forgetting” one, Kyle.

Given that, how in the name of (your favorite deity here) can you economic liberals/spendaholics be considered credible on this matter?

Heckle and JayKyle

November 9th, 2012
12:51 pm

Derek Thompson of The Atlantic apparently agrees with me: “fiscal cliff’ is an idiotic expression. He went with “fiscal fast”, and don’t you just love the alliteration. He used a weight loss metaphor. He then penned this creative explosion of diet metaphors that only he could have written. I guess FrankenCliff was taken.

Why is it that every single blogger in america has to try to be creative? I’ve gotten to where I hate that word. Now, because of the very creative Derek Thompson of The Atlantic, every voter who read his Fiscal Cliff explanation thinks that the only way Uncle Sam can avoid squirting himself in the eye when he pees is if he stops doing the “all-grapefruit” diet. Or something equally wet……

No, Derek Thompson of The Atlantic must have read my meme on the term “fiscal cliff” (misleading term), and, it’s almost understandable that it sparked all that creativity in him. He’s a real creative guy.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:51 pm

Dusty

November 9th, 2012
12:51 pm

Dawg79

Obama is not a dictator yet. Congress represents you but you cannot throw them out of Washington just to get everything going the Democratic way. So far, we are still America, not Cuba.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
12:55 pm

Dusty, you have a life-sized cut out of W in your room? In his flight suit or in his cowboy get-up?

By the way, when does Obama get to play dress up?

All-American Angry White Male (The vanishing breed)

November 9th, 2012
12:57 pm

“So far, we are still America, not Cuba.”

The key words being, “so far”!

Dusty

November 9th, 2012
12:58 pm

Finn:(as usual)

Alternet is a liberal mouthpiece. What did you expect? A favorable mention of Kyle’s blog?

stands for decibels

November 9th, 2012
1:01 pm

Get rid of the SS cap that says you don’t have to pay into it on income above $200,000.

$200,000? ha. Try $110,100.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:01 pm

“He didn’t ruin the place in 4 years, he isn’t going to ruin it in the next 4.”

He didn’t help it much, either.

Get used to calling Obama’s term of office “The Lost Years”.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:03 pm

“By the way, when does Obama get to play dress up?”

He’s been playing at being President since 2009. I’m still waiting for him to act like one.

JamVet

November 9th, 2012
1:03 pm

Kyle, did you ever come up with that third HUGE component?

Maybe one of the other kids here knows the answer…

Lil' Barry Bailout - Vote American

November 9th, 2012
1:07 pm

Not a dime in new taxes until Santa gets his giving under control.

stands for decibels

November 9th, 2012
1:08 pm

So, what’s the best way to go about each problem?

Step one: pass a law that says “we were just kidding about the cliff thingie.” (which of course they’ll do, one way or another; everyone knows it, few will say it.)

Step two: legislate a sensible mix of income tax increases, cut a very few low-hanging-fruit Defense projects, and expand spending on infrastructure, transit, and alternative energy to put more people to work.

Step three: implement the rest of the PPACA, including any kinds of semi-legal extortion required to get dimwits like Nathan Deal to expand Medicaid, and of course allow an autonomous Medicare board to find more payment efficiencies–there are plenty to be had out there. Oh, and (duh) re-importation of scrips + negotiate better pricing with Pharma.

Step Four: repeat all of the above until we are at 4-5% unemployment, and only then take a hard look at how we might achieve budget solvency, if needed, by cutting some more spending, but not until then.

(Hey, you asked.)

/drive-by

JamVet

November 9th, 2012
1:08 pm

Did someone mention the The Lost Decade of the Middle Class?

Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith in the future.

Fully 85% of self-described middle-class adults say it is more difficult now than it was a decade ago for middle-class people to maintain their standard of living. Of those who feel this way, 62% say “a lot” of the blame lies with Congress, while 54% say the same about banks and financial institutions, 47% about large corporations, 44% about the Bush administration, 39% about foreign competition and 34% about the Obama administration. Just 8% blame the middle class itself a lot.

http://www.pewsocialtrends.org/files/2012/08/sdt-2012-08-22-Middle-Class-01-01.png

Weeping Mitt

November 9th, 2012
1:08 pm

Dusty

The election is over, sir. Please stop with the crying and moaning.

Lil' Barry Bailout - Vote American

November 9th, 2012
1:09 pm

Obozo’s exceedingly lazy. His idea of dress-up is putting on a flag pin.

oops

November 9th, 2012
1:12 pm

i didn’t like having to choose one, but I picked entitlements because they’re the core of the problem

but I’m ok with raising revenue too, as long as it only comes through reducing deductions and closing loopholes, although ideally those efforts would be used to lower marginal rates

JamVet

November 9th, 2012
1:14 pm

OH NO!

The enraged tibby violates Kyle’s Rule #1!!!

AGAIN!!!

Unprovoked personal insults cannot be tolerated!

And our serial miscreant MUST pay for his crimes! After all, 74 strikes and you’re out, right?

Otherwise there will be permanent lawlessness and anarchy here!

Kyle, do your duty to god and country and permanently ban this uncivil person!

Schnort.

oops

November 9th, 2012
1:14 pm

and we can afford to cut a decent chunk out of military spending too, and discretionary

if common sense prevailed, this wouldn’t be very difficult

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:14 pm

“expand spending on infrastructure, transit, and alternative energy to put more people to work.”

Yeah, more deficit spending. Worked so well the last time . . . . :roll:

iggy

November 9th, 2012
1:15 pm

“we made it through 8 years with a retarded guy….”

I didnt particularly like Clinton either but no need to insult mentally challenged.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:15 pm

The Incredible Shrinking Middle Class is the biggest myth ever perpetrated on the American electorate.

Dusty

November 9th, 2012
1:16 pm

Weeping Mitt, mam

You do your “thing” and I’ll do mine. This is an opinion blog. We haven’t all been brain washed. to speak in chorus.

Lt Dan

November 9th, 2012
1:17 pm

RE: letting Bush tax cuts expire (it hits middle class and upper wage earners) -

Based on figures from the CBO and Joint Committee on Taxation, federal taxes would increase by a total of $423 billion in 2013, if the tax cuts are allowed to expire.[54] The non-partisan Tax Policy Center has estimated that for 83% of households in the U.S. there would be an average tax increase of $3,701.

423 billion is a good chunk of change, but it does not offset an annual trillion dollar deficit.

What do we cut?

Since more of the federal budget is spent on discretionary spending than defense, I think that should be cut before defense.

As far as defense spending goes, I think the current missions of our military should be thoughtfully assessed, priorities established, and then see where we can shift funding or make cuts.

I personally think our national borders should be part of the Dept of Defense, not a separate fed agency (Border Patrol). Using existing military assets to patrol the border (drones, other aerial assets, combat trained personnel (for the more dangerous border locations, ie drug cartels) makes more sense to me.

To the person who commented that Russia is not going to invade anytime soon, ask the people of the nation of Georgia (former part of Soviet Union).

I think we should replace the current tax code with the Fair Tax, but government people who enjoy the power of taxation don’t like that.

stands for decibels

November 9th, 2012
1:18 pm

one more thing:

Yeah, more deficit spending.

Yep. That’s what we have to do. you can either cry about it or go on allowing people to lend us money for next to nothing in interest for the foreseeable future.

Lil' Barry Bailout - Vote American

November 9th, 2012
1:18 pm

Not sure how increased spending helps to fix the deficit or keep us from the fiscal cliff, but apparently it’s one of only three tools in the Democrat toolbox, the others being higher taxes and more regulation.

Don't Tread

November 9th, 2012
1:18 pm

History will repeat itself…there will be a “deal” made to cut spending in exchange for a tax increase, and the spending cuts will be “forgotten” before the ink is dry. (”What? We didn’t agree to that!”) It happens every time.

Oh…and by the way, taxes were going up anyway…remember the 0bama-engineered permanent tax hike covered up with a temporary tax cut? The temporary tax cut has expired.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:18 pm

“The election is over, sir.”

Yes it is, Weeping Mitt.

Perhaps you can now change your moniker back to what it used to be in celebration of that ending.

stands for decibels

November 9th, 2012
1:19 pm

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:21 pm

Stands, please tell us how spending $225k for a “job” that generates about 10% in revenues back to the entity that spent that money in the first place does ANYTHING to reduce the deficit.

Dusty

November 9th, 2012
1:22 pm

Bring the stait jacket. JamVet has escaped from Bookman’s blog.. Still trying to tell Kyle how to run his blog. …..Tiresome…

I’m going to lunch.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:23 pm

Any article that:

A: Tells us we do not have a debt crisis, and
B: Comes from alternet.org

Has:

C: No credibility whatsoever in intelligent discussion.

Weeping Mitt

November 9th, 2012
1:25 pm

“Tiresome”

yes, the majority of times you can be

Thanks for the acknowleding what was already known.

Why the long faces?

Cheer up.

Have a super day and weekend. It is going to be nice.

JamVet

November 9th, 2012
1:26 pm

The Incredible Shrinking Middle Class is the biggest myth ever perpetrated on the American electorate.

What an idiot.

(OH NO! I must now be banned! Schnort)

Bye Bye Cheesy Grits

November 9th, 2012
1:28 pm

I just wish states like Georgia would stop being welfare states and support themselves.

The very poor Southern red states take far more in Federal aid than they send in with taxes.

The Northern blue states which aren’t poor basically subsidize the very poor rural south, by sending in more in taxes than they receive back.

The Southern red moocher states must learn to live within their means or we are in big trouble.

Heckle and JayKyle

November 9th, 2012
1:31 pm

Alternet’s Lauren Kelley used the word Schadenfreud twice in a piece today about the unhinging of Karl Rove. Unhinged is the most overused word, now, in the history of media. Schadenfreude is so infuriatingly overused, that the only way to calm myself down is with FrusenGladje. Why, if it weren’t for the farfegnugen of my car’s interior layout, I’d have driven myself off the financial cliff a long time ago.

Kyle Wingfield

November 9th, 2012
1:33 pm

Cheesy @ 1:28: There’s been plenty of discussion on that point in the last few days. It’s time for you to memorize another talking point.

Bye Bye Cheesy Grits

November 9th, 2012
1:37 pm

Cheesy @ 1:28: There’s been plenty of discussion on that point in the last few days. It’s time for you to memorize another talking point.

http://truth-out.org/buzzflash/commentary/item/17515-romney-decries-his-red-state-southern-base-as-lazy-moochers-the-47

You’ll be the first to know Kyle.

Lil' Barry Bailout - Vote American

November 9th, 2012
1:40 pm

So alternet says the government isn’t going broke?

Not by the “I can’t be broke because I still have some blank checks” standard of not being broke, no.

Idiots.

Hopefully, this sentence signalled your departure?

November 9th, 2012
1:41 pm

“Have a super day and weekend. It is going to be nice.”

Hopefully, this sentence signaled your departure?

All-American Angry White Male (The vanishing breed)

November 9th, 2012
1:46 pm

“Selling Texas to Mexico is the single best idea on this blog to date.”

You can’t sell a state that is planning secession . . .

papa pink

November 9th, 2012
1:46 pm

Reduce the tax loopholes, reduce all Fed Spending except the defense. Put Congress and President on a performance plan. If they don’t produce, they don’t get paid. Hitting the pocket book will make them work together. Finally fix the Congressional retirement plan (No wonder people run for federal office with thier retirement benefits).

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:50 pm

” I’d suggest expanding the sale to include the entire southeastern united states.”

Tell you what. Just let us go, debt, deficit spending and all.

In 30 years, you’ll be asking us to bail you out or defend you from attack, and we’ll just be laughing at you.

Reality

November 9th, 2012
1:50 pm

Here is a clue….

The majority of people voted for Obama. This means that a majority of people liked what he and the Democrats said compared to the Republicans. How about giving Obama’s plan a chance? The republicans in the House need to simply get OUT OF THE WAY and allow the people’s choice to make real progress!!!

Let’s try it and THEN see what happens!!!!!

Weeping Mitt

November 9th, 2012
1:50 pm

Nope, but thanks for the hospitality.

You do not make the rules here. But you are welcome to continue your crying, weeping, pouting, rants and raves if just can’t help yourself

Be me guest

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
1:51 pm

You can’t sell a state that is planning secession . . .

If we beat em to it…but we gotta act fast.

Stephenson Billings

November 9th, 2012
1:54 pm

“Id say making people like Cheesy Grits pay a higher rate than 14 percent when the average America pays a much higher percentage would be a start.”

Effective Income Tax Rates:

Bottom fifth of earners: -12.3 percent
Second-to-bottom fifth: -4.2 percent
Middle fifth: 4.1 percent
Second-highest fifth: 8.2 percent
Highest fifth: 17.3 percent

http://www.politifact.com/truth-o-meter/statements/2012/aug/09/barack-obama/barack-obama-says-most-americans-pay-higher-tax-ra/

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
1:54 pm

You don’t say!

A Pew Research survey of voters by religion found that a higher percentage of Mormons voted for George W. Bush in 2004 than Mitt Romney in 2012. According to Pew, in 2004 Bush got 80 percent of the Mormon vote, while Romney got 78 percent this year.

The absolutely worst candidate you could pick to run. Karl Rove was correct about that!

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:55 pm

“How about giving Obama’s plan a chance?”

We did.

He got EVERYTHING he wanted in his first 2 years, Reality.

IT DIDN’T WORK!!!!!

He was elected because he’s popular, not because he was competent!

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:56 pm

Finn.

Election. Over.

FOCUS on what next.

OK?

Stephenson Billings

November 9th, 2012
1:58 pm

I don’t call it the “fiscal cliff”, I coined a new term: ObamAusterity because that’s what it is.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
1:58 pm

Oh, and Reality?

There’s a little thing called “checks and balances” built into our system of government called the three branches.

Nothing in the Constitution speaks to bending over and taking it when the opposition party loses, son.

Don't Tread

November 9th, 2012
1:59 pm

“The majority of people voted for Obama. This means that a majority of people liked what he and the Democrats said compared to the Republicans.”

Really? Wow, what an astute observation. They liked what he said.

Just because the majority (by 2%) buy the sales pitch doesn’t mean they are right. :roll:

NetBanker

November 9th, 2012
2:01 pm

“Can you imagine the additional revenue that would be generated from the rich if they had to pay a 23% tax rate?”

Not so much as everyone dreams there would be and everyone forgets that the 14% rate on investment income is the same rate paid by retirees on the money from their IRA’s and Pensions, etc. You try to soak the Romney’s of the world and inadvertently catch up grandma too. Ultimately we need a broader base of people paying taxes so that revenue numbers are more stable and a lot of that comes from an economic recovery that starts making major dents in unemployment while reducing the numbers of people on some type of government assistance.

We also need government to adopt a business mindset when it comes to cost savings and rewarding employees who find a way a deliver services better, faster, and cheaper. Why not start a new government initiative that pays 10% of real savings to the person or team whose idea results in saving money?

Stephenson Billings

November 9th, 2012
2:03 pm

And I have no doubt that he will be more than happy with ObamAusterity; after all, sequestration was his idea and he’d love nothing more than to try to hang ObamAusterity around the Republican’s neck.

Stephenson Billings

November 9th, 2012
2:05 pm

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:09 pm

John Q, I suggest your bone up on the Constitutional powers of the three different branches of government.

There are big words and no pictures to color, but you might be able to get through them.

I’d further suggest you read a copy of the Federalist Papers, but you clearly aren’t ready for that.

“the election was a referendum on 2 very different visions of the country”

No, the election was a referendum on Popularity vs. Competence.

The pretty girl always wins.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:12 pm

“Why not start a new government initiative that pays 10% of real savings to the person or team whose idea results in saving money?”

We did that in my county the first year after I was elected, NetBanker. Paid out $30k for about $400k in budget savings.

Peadawg

November 9th, 2012
2:15 pm

Kyle, your poll is lacking the correct answer:

Raise taxes AND cut spending. It can’t be one or the other…

curious

November 9th, 2012
2:18 pm

Those companies planning massive layoffs will only be hurting themselves.

It’d be smarter to see what happens to consumer demand before taking action. After all, those folks being layed off are consumers.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:19 pm

“Everyone agreed that the election was a referundum on policy”

Really?

The biggest differences between the tow parties was on taxation. Obama wants to raise taxes while Romney did not. After that, it was just how much each side wanted to actually cut spending.

Foreign policy? Not a big difference between the two.

Social issues were the biggest divide, and this thread rightly doesn’t address those issues.

The problem is that you bought into the “If my guy is good, the other guy is bad” mantra, when the differences between the two sides on debt reduction revolved around how much one side was going to cut, and if you trusted them to do it.

Otherwise, it was just that the American Idol generation voted back in the American Idol President.

The pretty girl won again.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:20 pm

“Kyle, your poll is lacking the correct answer:”

Peadawg, you get to vote for one of each.

Don’t you guys even bother to READ the instructions anymore? :roll:

JamVet

November 9th, 2012
2:21 pm

…reduce all Fed Spending except the defense.

Except the defense???

That is the EXACT same loser GOP proposition that we have witnessed for years.

Wake Up!

Or keep on pretending that you are serious about fiscal responsibility. And keep on suffering the same electoral consequences as Tuesday night…

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:21 pm

Oh, and John Q?

Clean up your act, son.

MarkV

November 9th, 2012
2:22 pm

“Obozo’s exceedingly lazy. His idea of dress-up is putting on a flag pin.”

Lil’ Barry wants to show Dusty that he is indeed as clever as she thinks.

Reality

November 9th, 2012
2:24 pm

@Tiberius – You lie. Obama did not get “everything that he wanted” during his first two year.

Regardless of history, let’s talk NOW.

NOW, the people have spoken. NOW, the Democrats gained in the Senate. NOW, President Obama won. NOW, the republicans need to step aside and stop playing “road block” and let real work get done. NOW, the republicans need to stop being the party of “no.”

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:24 pm

Off to help a friend.

(and yes, I have friends – lots of them)

Peadawg

November 9th, 2012
2:26 pm

“Don’t you guys even bother to READ the instructions anymore?” – Who’s “you guys”?

Thanks btw..cut spending across the board and raise taxes is my vote.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
2:28 pm

“Tiberius – You lie. Obama did not get “everything that he wanted” during his first two year.”

Actually, I do not lie, and he did get everything he wanted. The GOP was powerless to stop him in either the House or Senate until Scott Brown showed up.

And NOW doesn’t matter, except that NOW he still has to deal with a Republican House.

Just as the Framers envisioned checks and balances.

Now, Reality, find me the “roll over and play dead” clause in the Constitution, and I’ll come over to your way of thinking.

Now I really have to go.

nelson

November 9th, 2012
2:28 pm

The fiscal cliff is in 7 weeks when the Bush tax cuts expire, alternative minimum tax and Budget control act also expire. To avoid going over the cliff into a murky abyss of bankruptcy, new taxes have to be in place. These taxes will be minimal for the working stiff like most everybody. There will be an increase in taxes for the 1% of the populace $120,000 taxes, and $633,946 for the top 0.1%, that would be ultra high rollers like the governor, politicians and their ilk. Never fear, they are staying up nights finding new ways to preserve their enormous wealth. The money to avoid default will appear from some place, like the “genie” rubbing the magic lamp. It always works.

yuzeyurbrane

November 9th, 2012
2:28 pm

Tiberius @ 12:02–it’s easy to call me a name by saying I live in a fantasy world, but tell me one thing I stated that is factually incorrect. You can’t. Do you have money in a pension fund? If you do, you would be furious if they were not investing it to earn some interest income but were instead more or less hiding it in the mattress. And most pension funds overwhelmingly in safe investments not only because that is the prudent thing to do with retirement funds but because they have a legal fiduciary duty to do so. Every pension fund I know of invests significantly in U.S. Treasuries. And if you check your 401k, I’ll bet that you will find it at least partially invested in U.S. Treasuries Yet you would have the Social Security Trust Fund keep its principal in the mattress or invest it in the stock market (think 2008)? As to revenues to redeem the bonds, the Trust Fund is at no greater risk than all the other large investors in U.S. Treasuries who are obviously not worried about the full faith and credit of the U.S. as you are since they continue purchase U.S. Treasuries at record levels even though the interest paid is at record lows. Have you ever heard of risk-reward? I also point you to a recent report from Social Security which says those who are currently beneficiaries will have paid more into FICA taxes than they are estimated to receive back in benefits. So what you are suggesting is that the government renege on its solemn committment to these people.

Kyle@12:12–First, I will admit to being so stupid that I misread your instructions before voting and chose only 1 item. Your poll mechanism does not allow this vote to be changed so you are now stuck with an inaccurate response from me and I suspect others. Not really a big deal. But you should think about that in future constructs. Other polls I have seen indicate American people want balanced package of taxes and cuts and that is what I want. As to your other comments, I have mostly responded above to Tiberius and is applicable to most of your thoughts. I would only add emphasis that the “you” you are talking about paying taxes to redeem future Treasury Bonds are your generation and the ones shafted by bond default would be my generation of SS beneficiaries who, as I pointed out, have already paid more than our own share of our own benefits, as well as taxes which have created a society which have personally benefited you and your generational cohorts. I thought we were all in this together? As far as safety of U.S. Treasuries, I don’t know what I could say to assuage your fears beyond what I have already stated. Everything in life has some risk and all we can do with retirement funds is minimize it. I feel that comfortable that my FICA taxes are invested in an instrument that people and countries from all over the world continue to look upon as a safe haven.

All-American Angry Old White Male (The vanishing breed)

November 9th, 2012
2:32 pm

“Hell, I’d even contribute money that we could offer to Mexico just to get that good-for-nothing state out of the union.”

You obviously have little or no knowledge about the oil production, oil refining, computer design and manufacturing, production of livestock and farming crops, fisheries and a great host of other products produced in Texas.

But then you display you lack of knowledge on many, many topics. Why would this one example be relevant?

Lil' Barry Bailout - Vote American

November 9th, 2012
2:41 pm

Thanks for the the-post, MarkV!

Lil' Barry Bailout - Vote American

November 9th, 2012
2:42 pm

The Republican House is the “people’s choice” too. Deal with it.

Rafe Hollister, dreading the eventual decline caused by Obamanism

November 9th, 2012
2:44 pm

Wonder if the Mistake will be able to slip off for a round or two of golf, as they have beautiful courses over there I hear. Should be nice and warm, beautiful beaches, just the place to go to do a little diplomacy and smoozing with these close allies.

JDW

November 9th, 2012
2:44 pm

LET THE WHINING FROM THE RIGHT BEGIN…

Seriously elections have consequences and they are about to be felt.

First, a “Grand Bargain” would be great, however Boner repackaging the Mittens tax plan won’t get it. Lower tax rates for the middle class offset by deductions sure, but rates are going up for the wealthy, hopefully both income and capital gains. If we are lucky carried interest is out of here as well. Obama has said this consistently why on earth would he back down now. Republicans will have to cave. I would love to see a 5% VAT to directly reduce the debt but its not happening.

Spending cuts…sure the ratio is $1 of revenue for $2.5 in cuts. Again why would he cave?

As for this snarkiness…”Obama’s first order of business? He’s leaving next week for a trip to visit three crucial allies of ours: Thailand, Burma and Cambodia.” Whew, glad to know Republican Presidents never visit far out places…o’ wait they do.

JDW

November 9th, 2012
2:46 pm

O’ and Kyle…”This time, Obama is inheriting a mess from himself.”

2% or so GDP growth vs 6% shrink
150K jobs a month vs 750K down the toilet
Solid financial sector vs “this sucker could go down”

Yeah right its a big mess :roll:

JDW

November 9th, 2012
2:47 pm

@LBB..”The Republican House is the “people’s choice” too. Deal with it.”

Yeah I noticed there are 7 less of them than there were…unless they get their act together I bet its a trend.

Kyle Wingfield

November 9th, 2012
2:49 pm

JDW @ 2:44: After seeing that 8 of the 10 wealthiest counties in America voted for Obama, I’m about ready to yield to a paraphrase of Mencken: “Democracy is the theory that the common rich people know what they want, and deserve to get it good and hard.”

Kamchak - "Socialism" is just a code word for "fear," the monster under you bed ~ Kamchak

November 9th, 2012
2:50 pm

Wonder if the Mistake will be able to slip off for a round or two of golf…

Now watch this drive!

carlosgvv

November 9th, 2012
2:51 pm

If Obama wants to see many more Republicans elected in the 2014 mid-terms, just drop the Medicare payment levels to doctors and watch these greed driven “professionals” throw elderly patients out into the street.

Kyle Wingfield

November 9th, 2012
2:51 pm

As for your snark about my snark: My point was all about timing. I guess he thinks dealing with the fiscal cliff quickly is less important than showing up to transmit his own flexibility to Vladimir face-to-face.

Beyond The Middle of the Road

November 9th, 2012
2:56 pm

Kyle @ 2:48: It’s all too easy for folks on either side of the aisle to pick and choose statistics that favor their point of view. Here’s a good one that shows that the more educated the state, the more likely they voted for Obama. But in the grand scheme of things I’m not all that impressed either way. I thought you were better than that.

http://static.happyplace.com/assets/images/2012/11/509bedacdc6e5.jpeg

Road Scholar

November 9th, 2012
3:01 pm

“This time, Obama is inheriting a mess from himself.” No Boehmer agreed to it when he pulled out!!!!!

retiredds

November 9th, 2012
3:01 pm

This time, Obama is inheriting a mess from himself. The Congressional Budget Office estimates that going over the fiscal cliff would plunge us back into recession and push the unemployment rate back above 9 percent. So it’s a pretty darn important issue.

So, Kyle, the Congress, in particular the House of Representatives, has no responsibility for the fiscal cliff? Is that what you’re saying? And the fact that the debt was about $10.5 trillion when Obama took office in January or 2009, so prior Congresses and Presidents had no input to the fiscal cliff. Is that what you’re saying? And the great recession that began in 2007 and ended in 2009 had no impact on the deficit spending of the last few years. Is that what you’re saying?

Many of us white, retired, business men and women who voted this time around for Obama didn’t like the deficits any more than you and your crowd do. But the difference between you and me is I understand from history that our present circumstances were not created exclusively by President Obama and I am confident that as the economy continues to recover and if he and this Congress can get on the same page the debt and deficits will reverse themselves. Those who differ with me fine. America has been here before and we have always found a way to overcome. So you can either be a part of the solution or continue to a part of the problem. And, by the way, going over the fiscal cliff would hurt for awhile but coming out the other side would result in, “voila”, reduced debt and deficits and even the possibility of balanced federal budgets. You know why: the sequester would take most of the budget process out of the hands of the politicians who got us into this mess over the last 40 years creating a sort of a quasi-balance the budget amendment result.

And, by the way, if I had given Karl Rove any of my money to be invested (in this case a Romney win) and he performed the way he did, I would fire him. You conservatives ought to be more angry with him and the conservative talk show buffoons who were the real ones who lost this election for the Republicans. They lied to you and how they could produce a win for the GOP.

Lil' Barry Bailout - Vote American

November 9th, 2012
3:05 pm

carlosgvv, one of the big lies of Obozocare is that the government WILL drop payments to doctors and hospitals to keep down the cost of his liberal fascist plan. Those cuts won’t ever happen as planned–instead Obozo will just borrow and spend ever more.

Kamchak - "Socialism" is just a code word for "fear," the monster under you bed ~ Kamchak

November 9th, 2012
3:06 pm

Kyle Wingfield

November 9th, 2012
3:08 pm

retiredds @ 3:01: Blaming Congress as well as the president is certainly fair game. But I don’t recall Obama ever saying he inherited a mess from Bush, Pelosi and Reid. The latter two had been running Congress — both chambers, remember — as long as Boehner has been speaker now.

Kyle Wingfield

November 9th, 2012
3:09 pm

Kamchak: I just saw that myself. I guess we now know at least one reason he wasn’t short-listed for Romney’s veep…

Kyle Wingfield

November 9th, 2012
3:10 pm

John Q: “A pretty damning repudiation of the caricature of supply side economics…”

FIFY

Mr. Snarky

November 9th, 2012
3:13 pm

Sucks to lose, doesn’t it Kyle.

Banderson

November 9th, 2012
3:15 pm

Obama proposes middle class tax freeze – headlines in the real newspapers

Lil' Barry Bailout - Vote American

November 9th, 2012
3:18 pm

Lame, JohnQ. The recession started well after Republicans lost the House in 2006. Democrats are guilty as charged.

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
3:18 pm

JamVet

November 9th, 2012
3:19 pm

Kyle Wingfield

November 9th, 2012
3:19 pm

Six of those 10 wealthiest counties are suburbs of NYC. One is Nantucket County, Mass. Another is the home of Aspen, Colo. The other two are suburbs of Washington, D.C. (Romney won two of the NYC suburbs, Obama won the rest.) In other words, they’re counties that are a) culturally liberal and/or b) right at the nexus of big government and big business.

So I’m not sure what that really says about an ideology that promotes limited government, reining in excessive regulation (which usually benefits the big companies who are at the table when regulations are being written, at the expense of smaller and more creative potential competitors — i.e., the job creators), sound money, and a low tax burden. It does, however, suggest that the major rent-seekers in our economy support the party most likely to maintain a government big enough to give them what they want.

Kyle Wingfield

November 9th, 2012
3:20 pm

John Q @ 3:16: That’s what I just did at 3:19.

Kyle Wingfield

November 9th, 2012
3:22 pm

John Q @ 3:15: If you believe all the rot that resulted in the financial crash and recession occurred between Jan. 20, 2001, and Jan. 3, 2007, you really don’t understand the problem.

Kyle Wingfield

November 9th, 2012
3:24 pm

Banderson @ 3:15: Both sides are proposing a middle class tax freeze. It’s just that one side doesn’t stop there.

Btw, Boehner’s comments make clear that he is against raising tax rates — deductions are on the table. And Schumer was quoted (yesterday, I think) suggesting Senate Dems might be able to live with that. Is Obama really going to veto a tax plan from the GOP House and Democratic Senate that raises revenues, just not via higher tax rates? If he does, he’ll be a lame duck before he ever gives his second inaugural speech.

carlosgvv

November 9th, 2012
3:25 pm

Barry – 3:05

I wouldn’t be at all suprised to see this happen. Politicians all lie a lot to get elected.

Lil' Barry Bailout - Vote American

November 9th, 2012
3:25 pm

One in five are on Medicaid. Think that might have something to do with the deficit?

It’s the spending, stupid.

Thanks to Democrats, what was a safety net is now a hammock.

Welcome to Obozo’s “Loser America”.

Kyle Wingfield

November 9th, 2012
3:31 pm

Tim Carney has more on the themes I hit @ 3:19 here. Great piece, well worth a read.

curious

November 9th, 2012
3:34 pm

I’m for closing tax loopholes, especially since most of us here don’t have the ability to use them.

Loopholes may be legal, but most are the result of special interest group lobbyists.

mike

November 9th, 2012
3:36 pm

I say let ALL of the Bush tax cuts expire. Then, reduce military spending to pre-George W. Bush levels, repeal Medicare Part D. If that doesn’t fix the deficit, I don’t know what will. As I’ve said before, if every household in America got a supplemental tax bill to cover the wars in Iraq and Afghanistan, they would have over years ago.

curious

November 9th, 2012
3:37 pm

Lil’ Barry Bailout – Vote American
November 9th, 2012
3:25 pm
“One in five are on Medicaid. Think that might have something to do with the deficit?
It’s the spending, stupid.”

If it’s spending, then let sequestration take place.

Lil' Barry Bailout - Vote American

November 9th, 2012
3:38 pm

Ok by me. I like mike’s ideas above as well

JamVet

November 9th, 2012
3:39 pm

Good article, Kyle.

Until the end, when the author does a Ron Paul and dookies in his journalist bed.

Even so, the message up to that point was pretty rational and reasonable.

And that is exactly why I am guessing that it will be dismissed out of hand by both the GOP’s intransigent power brokers and those in the party’s self-destructive “base”…

mike

November 9th, 2012
3:40 pm

Just keep your hands off my mortgage interest deduction! or I’ll shoot!

Lil' Barry Bailout - Vote American

November 9th, 2012
3:42 pm

Mortgage? Mortgages are for chumps.

All-American Angry Old White Male (The vanishing breed)

November 9th, 2012
3:43 pm

Obama has demonstrated no intention of fiscal responsibility during his first term in office, and I doubt seriously that he will in this term. One needs to understand the mentoring of Obama from an early age, and what philosophy he adopted. It is entirely fair to say that both Lenin and Marx influenced his thinking, and one would be foolish to disregard their beliefs concerning the collapsing of an economy as a tool in the establishment of socialism/communism. To ignore this is nothing short of folly.

To understand the initial moves in a game of chess, one must know the player’s end game.

On 7/2012, Forbes carried an article about Obama and the facts/myths about his being a socialist. It’s pretty good reading if you have a few moments:

http://www.forbes.com/sites/markhendrickson/2012/07/26/president-obamas-marxist-leninist-economics-fact-and-fiction/

Kyle Wingfield

November 9th, 2012
3:44 pm

JamVet: Which part? Do you dispute that the game is rigged, or that the Democrats are the ones running the game?

Weeping Mitt

November 9th, 2012
3:45 pm

“Just listen to the piggies squeal!”

You would know the sound. You have not stopped squealing since Tuesday night

just saying

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
3:54 pm

“all of the damage from Bush’s policies occurred during the period from Jan 01 until the new congress in 06.”

Yeah, ’cause we can’t put any blame of the people who didn’t lift a finger to fix all the ills that allegedly started before, can we, John Q?

The sad fact is he really believes the crap.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
3:57 pm

yuz, nice dodge on the whole Social Security thingy, btw.

You avoided admitting that we ARE using the trust fund to pay for things today.

You avoided admitting that there is no plan to pay off those notes.

In short, you avoided the stark reality that we are robbing Peter to pay Paul. The good news is, you’re now qualified to serve in Congress because you can’t face fiscal reality.

Congratulations!

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
4:01 pm

It’s clear to pretty much everyone that Republicans need to something about their “Latino problem” — everyone, that is, except for perhaps most Republicans.

hehehe. An excellent read on the dividing issue of immigration reform inside the Republican party:

http://www.salon.com/2012/11/09/conservatives_revolt_over_immigration_shift/

Del

November 9th, 2012
4:01 pm

http://www.foxnews.com/politics/2012/11/09/petraeus-resigns-as-cia-director/

Interesting that he was scheduled to testify next week and he did make some conflicting statements after Bengahzi about the events.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
4:03 pm

Not at all, John Q.

You claim all of the damage was done pre-Pelosi / Reid, yet you do not take them to task for never lifting a finger to fix anything.

In fact, the very people put in charge of fixing the housing issue poo-pooed the idea (remember Barney Frank?).

In short, you have ZERO clue what caused the problem, and you and your party refuse to take any responsibility for not fixing it.

JamVet

November 9th, 2012
4:03 pm

Neither of those Kyle.

Notwithstanding (in the opinion of this American who has had his own successful business for nearly ten years) this partisan hyperbole: Every small businessman, ambitious immigrant, and would-be-entrepreneur should be a Republican.

And a rereading of the last sentence – with the author’s condemnation of GE and Pfizer – forces me to acknowledge that I was wrong in my earlier assessment.

To his point, BIG business has co-opted we the people’s sacred role of the sovereigns in this land. I love American corporations. (Gasp!!) I loved them even more when they were our servants and not our masters…

Finn McCool (The System isn't Broken; It's Fixed)

November 9th, 2012
4:04 pm

Let all the tax cuts expire and THEN give the middle class a tax cut. Republicans wouldn’t dare deny the cut for political reasons.

Next.

Tiberius - pulling the tail of the left AND right when needed

November 9th, 2012
4:06 pm

As the guy filing in for Hannity said about Petraeus today:

“How can this be? He’s the CIA director. You mean he couldn’t find a way to keep this a secret?” :lol:

cc

November 9th, 2012
4:07 pm

“Interesting that he was scheduled to testify next week and he did make some conflicting statements after Bengahzi about the events.”

He won’t be the last, Del. Protection of Obama is imperative!

Dusty

November 9th, 2012
4:11 pm

Well, speaking of fallen heroes aside from fallen hopes, let us consider Gen. Petraeus. Today he resigned as director of CIA. Marriage infidelity.

Don’t people ever learn?. Doing the wrong thing seldom stays under cover. If you want to be considered honorable, then be honorable.

I liked Gen. Petraeus. I thought he was stronger and smarter than most. I was wrong. .

Weeping Mitt

November 9th, 2012
4:12 pm

When the emails start getting deleted and the use of personal email for official government business is found out we will be on to something.

My bad, Bush Administration already pulled that stunt.

Del

November 9th, 2012
4:15 pm

cc, this sounds like it could be a little murky. The timing is a little too coincidental.

Dusty

November 9th, 2012
4:16 pm

Del & cc

I hadn’t read your comments on Petraeus before I made mine. Did not mean to overlook them.

cc

November 9th, 2012
4:16 pm

He did not have sex with that woman, Miss ______. Of course, that might depend on what the definition of “is” is!

Wait . . . I lost my train of thought there!

JamVet

November 9th, 2012
4:18 pm

Protection of Obama is imperative!

Given what just transpired this past Tuesday, you conspiracy nuts should probably work on finding the second gunman on the grassy knoll!

And his birth certificate…

Del

November 9th, 2012
4:20 pm

Dusty,

No problem here. I hope there’s no linkage to his resignation and that he was scheduled to testify about CIA activities involving Bengahzi,

cc

November 9th, 2012
4:21 pm

Del, I’ve all but given up any notion of coincidences in the political arena. All such described events are just a little too handy.

Not to worry, Dusty. I have a hard time reading everything that is posted!

Hillbilly D

November 9th, 2012
4:23 pm

Don’t people ever learn?.

Nope. They never do. People are the same as they’ve always been and the same as they always will be. Ever generation from the beginning of time has thought it was cutting edge and more advanced than those that came before it. That’s just kidding themselves, Today’s human is no smarter and has no better judgement than all those that came before and that is never going to change.

cc

November 9th, 2012
4:23 pm

“Given what just transpired this past Tuesday, you conspiracy nuts should probably work on finding the second gunman on the grassy knoll!”

We’re working on that now.

Del

November 9th, 2012
4:25 pm

H.D. words of wisdom.

Weeping Mitt

November 9th, 2012
4:26 pm

When was Petraesus slated to testify?

Thanks in advance for the link and information.

cc

November 9th, 2012
4:26 pm

“And his birth certificate…”

WHICH one of the various and subdry birth certificates do you reference?

Anyway, we’ll go to work on that issue . . . immediately after we find his college entry forms and transcripts. Maybe the CIA was hiding them?

Dusty

November 9th, 2012
4:26 pm

Well,

At least Petraeus did not try to save his job by having his wife announce, “It’s all just a conspiracy against the general!”

Oh the unforgetable soap opera days of President Clinton that passed before us! .

Weeping Mitt

November 9th, 2012
4:28 pm

And if he was slated to testify, why can’t Congress subpoena him to do so?

Del

November 9th, 2012
4:30 pm

cc

November 9th, 2012
4:30 pm

Dusty, I’m convinced that this is just another “vast right-wing conspitacy” . . .

Weeping Mitt

November 9th, 2012
4:31 pm

Del

Thanks. Can he not be issued a subpoena?

Hillbilly D

November 9th, 2012
4:31 pm

And if he was slated to testify, why can’t Congress subpoena him to do so?

I would think that they can and probably will. All this might serve to discredit him a bit (either intentionally or unintentionally) but he made his own bed.

Georgia

November 9th, 2012
4:31 pm

CIA director resigns. Why? Navy Seals reprimanded for classified secrets sold to video gamers. When? Did the terrorists use the video game secrets to attack the consulate at Benghazi? What is going on? I demand to know!!! Someone get Hillary on the phone.

WAW

November 9th, 2012
4:32 pm

Doesn’t appear that you folks have learned anything from this election. It is not what or when Obama does whatever, the ball is in the Republican’s court, either get with the program or continue down the road to the Republican Fiscal Clift. It’s your problem, it’s your ball, and it’s your play. If the country goes down, it’s your claim to failure. The voters have spoken, you know the President’s plan so vote it up or down (just be willing to say goodby to the GOP if you vote No!)

Weeping Mitt

November 9th, 2012
4:34 pm

Hillbilly D

Exactly. This conspiracy about his upcoming testimony and his announcement doesn’t wash.

He can be ordered to testify regardless. If he will not speak and he has been found to have done something illegal, he can be charged regardless.

Cobbian

November 9th, 2012
4:34 pm

Republicans need to compromise and raise taxes on the wealthy. How many times has it been reported in the press that most voters want taxes raised on the wealthy. I am also in favor of raising taxes on everyone – we never could afford the Bush tax cuts in the first place. Then, we need to reform the tax code so that wealthy people don’t get tax breaks for special forms of income, we need to keep the current inheritance taxes, and we need to look at other tax loop-holes, including popular tax breaks for interest paid on home loans.

Finally, the Republican Party has to get out of peoples bedrooms and women’s wombs. I know many Republican women who jumped ship this year and many who didn’t but are getting close to the breaking point. Get off the social issues.

Del

November 9th, 2012
4:35 pm

Weeping Mitt, you would think so, but I’m not sure about it.

JamVet

November 9th, 2012
4:40 pm

Jeez, Dusters.

How many Republicans have gotten caught with their quills in someone else’s ink wells SINCE the Clinton administration.

Off the top of my head… Giuliani, Vitter, Ensign, LaTourette and Ahnuld. Must be lots more…

LOL at those with selective memories!

Del

November 9th, 2012
4:40 pm

Some speculation that he might be falling on his sword or that he’s being set up as the scape goat. In time the truth will come out if there’s a smoking gun.

Hillbilly D

November 9th, 2012
4:41 pm

I’m not a lawyer but it’s my impression Congress can pretty much subpoena anybody they want to, any time they want. Of course, somebody still has to find you and serve you, I would think.

Weeping Mitt

November 9th, 2012
4:42 pm

Del

If he refuses to testify next week and then refuses to testify if subpoenaed then you might be on to something.

However there are several steps that must take place before that happens.

Dusty

November 9th, 2012
4:43 pm

cc & Hillbilly D & Del

This announcement is such a disappointment..

If Diogenes were in Washington, he’d still be looking for an honest man.

cc

November 9th, 2012
4:43 pm

You may have a point there, JamVet, however . . .

Republicans do not seem nearly as likely as Democrats to end up with DEAD mistresses.

Weeping Mitt

November 9th, 2012
4:44 pm

Heaven forbid, but if he is found swimming with the fishes before he is brought before Congress then watch out

Del

November 9th, 2012
4:45 pm

JamVet,

What would that have to do with this? The wonderment here is the timing in light of his expected testimony on Benghazi. We shall see if there’s any linkage or not.

cc

November 9th, 2012
4:45 pm

Diogenes would be bone-tired and foot weary . . . with absolutely nothing to show for his efforts!

Dusty

November 9th, 2012
4:48 pm

Sure, JamVet, there are plenty of every kind.

But at the top of the pile is PRESIDENT Clinton, the one your selective memory wants to forget. .

Hillbilly D

November 9th, 2012
4:49 pm

This announcement is such a disappointment..

Blessed is the person who expects little for they are seldom disappointed. That’s a good rule of thumb when you’re dealing with humans, especially those you’ve never even met. Everybody has an angle and nobody is what they seem, especially when power/money is involved. It pays to never let your guard down.

cc

November 9th, 2012
4:50 pm

“I advise the President to let the Bush-era tax cuts lapse, and then negotiate.”

Stay by your phone. I’m sure he will be calling you to seek your advice.

Hillbilly D

November 9th, 2012
4:50 pm

For all we know, ol’ Diogenes had skeletons in his own closet. It pays to have good PR people and/or a “major historian” or two, in your pocket.

Del

November 9th, 2012
4:51 pm

Weeping Mitt,

I’m not speculating it’s just that this is a curious development at this particular time.

Weeping Mitt

November 9th, 2012
4:54 pm

Del

Agreed. Big Boy Politics is stranger than fiction. Many things going on and have went on that we will never know and probably wish we didn’t know if told.

cc

November 9th, 2012
4:55 pm

“It pays to have good PR people and/or a “major historian” or two, in your pocket.”

That’s the truth, fo’ sho’, Hillbilly.

JamVet

November 9th, 2012
4:57 pm

Dusty, I advocated that Clinton be removed from office. For lying under oath.

I also advocated that both Bush and Obama be removed from office for being war criminals and for serial violations of the United States Constitution.

I’m no Party First, America Second kind of guy. You should try that sometime, it feels great!

Del, the guy (apparently) was a cheating scumbag.

He’s embarrassed himself, his family, the United States government and this country.

Everything else is very secondary…

MrLiberty

November 9th, 2012
5:01 pm

Just shut down the federal government. Another option would be to implement Ron Paul’s economic proposals – they cut $1 trillion the first year and balanced the budget in 4 by abolishing 5 departments and taking a big axe to empire spending while retaining solid defense spending and shoring up Medicare, SS, etc. for those dependent on these addictive and unconstitutional programs.

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
5:03 pm

Finn: Let all the tax cuts expire and THEN give the middle class a tax cut.
——————–

I thought we were all in this together.

Del

November 9th, 2012
5:06 pm

JamVet,

His cheating is in my opinion between him, his wife and family as well as God if he’s a believer. As an American citizen it’s primary for me to learn if there’s any linkage to Benghazi and his scheduled testimony before congress.

Hillbilly D

November 9th, 2012
5:09 pm

Mine is probably not the popular view but my way of looking at things is if somebody will cheat on their spouse (who in theory is the closest person to them), they won’t think twice about lying to me.

cc

November 9th, 2012
5:09 pm

“As an American citizen it’s primary for me to learn if there’s any linkage to Benghazi and his scheduled testimony before congress.”

Four dead Americans who were refused assistance AND why we were transferring Libyan arms to muslim jihadists!

mountain man

November 9th, 2012
5:11 pm

“If Obama has reduced the Fed debt by ONE CENT from what it is today by the end of his 2nd term I will donate my house to his favorite charity. ”

That would require that the DEFICIT be reduced to zero. That has not been the case in 40 years (although there is some dispute about the Clinton years, when it was at its lowest level). Certainly it was not zero during Reagan, Bush I, or Bush II. I am sure it will not be zero under Obama. You have made a sucker’s bet and I won’t take you up on it.

What was the goal? Cut the DEFICIT in half?

Why

November 9th, 2012
5:17 pm

“Four dead Americans who were refused assistance ”

Already been proven to be false. You are either ill informed or just a partisan lying baby. Look it up

Georgia

November 9th, 2012
5:20 pm

Darn. I wouldn’t have voted for Nobama if’n I woulda been knowin’ whats I knows now bouts the CIA chief. Hell, I woulda voted for Darwin like everyone else.

Hillbilly D

November 9th, 2012
5:21 pm

Only one time has the U.S. ever been debt free; January 1835. Didn’t take long after that until they were back in debt again and have been ever since.

JamVet

November 9th, 2012
5:22 pm

Fair enough, Del…

But know this, the right wing’s obsession about those tragic consulate killings is transparent and to me, nauseating.

If mistakes were made they need to be identified and people held accountable.

But that is NOT what you cc, for example, is about. Like way too many never-served armchair quarterbacks, they are first, foremost, last and always about trying to bring down Barack Obama.

Period.

Any way they can. Contrived, nonsensical or otherwise.

Trying to use that situation – when they sat by for years and let countless bigger military tragedies, botched invasions and staggering regime change incompetence go by without saying a friggin’ peep – simply to get back at the hated President, is only going to sicken more and more Americans.

You just got a humiliating electoral beatdown.

Learn form your mistakes instead of doubling down on them.

Or don’t…

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
5:24 pm

JohnQ, your judgementalism and prudishness are offensive to the freedom loving.

Hillbilly D

November 9th, 2012
5:27 pm

John Q

He’s a sleeze bag and a hypocrite.

Hillbilly D

November 9th, 2012
5:29 pm

My question about Benghazi isn’t that things went wrong; that stuff happens. My question is why the silly “movie” story for well over a week. They knew it wasn’t true when they were pushing it.

Why

November 9th, 2012
5:30 pm

“JohnQ, your judgementalism and prudishness are offensive to the freedom loving.”

Hypocrite much?

Might be time to look into the mirror, little guy

mountain man

November 9th, 2012
5:33 pm

“423 billion is a good chunk of change, but it does not offset an annual trillion dollar deficit. ”

You are correct, it probably offsets about 42% of it.

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
5:43 pm

Why: Hypocrite much?
———————

Link please.

Didn’t think so.

Liar.

cc

November 9th, 2012
5:44 pm

“I also advocated that both Bush and Obama be removed from office for being war criminals and for serial violations of the United States Constitution.”

“they are first, foremost, last and always about trying to bring down Barack Obama.”

I don’t guess that advocating Obama be removed from office for the reasons you so stated and “trying to bring down Barack Obama” are the same thing in your mind.

Go count your medals . . .

Why

November 9th, 2012
5:48 pm

Barry

Always judging folks and calling names

His little brain and body doesn’t match his big mouth

hahahahahahahaha

later punky dooodles

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
5:49 pm

Of the $423 billion that allowing the Bush tax cuts to expire would raise, guess who gets $358 billion? That’s right, the middle class, who the lying Democrats claimed weren’t helped by Our President Bush’s tax cuts.

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
5:50 pm

So you don’t have a link, Why? I pretty much predicted that, didn’t I, you liar.

Why

November 9th, 2012
5:53 pm

I type Barry rants

Pavlov’s theory being proven before your eyes

hahahahahah

:-)

Why

November 9th, 2012
5:56 pm

He can’t help himself

little chest all poked out, face turning red with envy and jealousy……………

keep trying little guy……..

Your brawn even gets close to has big as your mouth, you might be able to wrestle a 6th grader.

Hillbilly D

November 9th, 2012
5:58 pm

This is totally off-topic but does the AJC ever update the links at the right side of the page? Under “More from the AJC” the first link is “UGA assistant coach leaves for NFL”. So like a dumbass I click on the link and it takes me to a story from Feb 2011. Geez.

cc

November 9th, 2012
6:03 pm

“takes me to a story from Feb 2011″

I guess even that is “news” to someone, albeit not very timely “news”!

cc

November 9th, 2012
6:05 pm

LBB:

“Why” will be back with you in a minute: she’s busy on her Obamaphone just now.

Lil' Barry Bailout - OBAMAPHONE!!!

November 9th, 2012
6:35 pm

Is anyone else having trouble keeping up with all the sockpuppets lately? And where has getalife gone?

cc

November 9th, 2012
6:39 pm

LBB:

No way to keep up with them, and getalife is having coffee with Bernie at present.

JDW

November 9th, 2012
6:40 pm

@Kyle… :lol: What rich people know is where their bread is buttered and it is from the middle class. Reduced deficits help everyone and most rich people are willing to pay their fair share. It is one of the great fallacies of Republican dogma.

Alter Ego

November 9th, 2012
6:56 pm

At least the VAT got a minority of the vote. Perhaps all the Progressives are off shopping for new Birkenstocks…

cc

November 9th, 2012
7:17 pm

“Perhaps all the Progressives are off shopping for new Birkenstocks…”

Either that or they have suddenly found that they are not, in fact, atheists and are busily praying that the stock market will go back up so that they will not be “broke” progressives! Unfortunately, they elected the cause for the market plunge!

Alter Ego

November 9th, 2012
7:27 pm

@cc

You mean, we can’t just print more money-Did we run out of ink? :)

cc

November 9th, 2012
7:38 pm

LOL!

No, Bernanke has plenty of ink and says that he’ll keep printing money until something is done about the deficits/debt. Can you say “inflation”?

Joel Edge

November 10th, 2012
5:08 am

Slam the throttle wide open. We’ll see what we can make out of the remains. We don’t necessarily have to rebuild those burnt-out cities.

cc

November 10th, 2012
8:01 am

“We don’t necessarily have to rebuild those burnt-out cities.”

I agree, but that would doubtless bring about another “shovel ready” boondoggle!

Let the rough side drag . . .

@@

November 10th, 2012
8:49 am

I’m in agreement with All-American.

Cut spending across the board, cap future increases, and raise tax rates on everone equally.

It’s the only way to take power from the politicians.

Every voter is equally abused. When we’ve had enough, it’ll be the government, not the people that pays. They work for us, not the other way around.

yuzeyurbrane

November 10th, 2012
11:07 am

Kyle and Tiberius—one final exclamation point re safety of U.S. Treasury Bonds in which Social Security Trust Fund is invested, the headline from today’s Reuters article:

“PIMCO Flagship Fund Raises Treasury Holdings, Trims Mortgages”

As you surely must know, PIMCO is considered one of the most astute of the large mutual funds. I’ll take their opinion over yours any day.

Fiscal Clifford

November 10th, 2012
11:58 am

He got EVERYTHING he wanted in his first 2 years, Reality.

Not remotely true.

Hillbilly D

November 10th, 2012
1:19 pm

We don’t necessarily have to rebuild those burnt-out cities.

That’s true but those people who lived there have to go somewhere. They don’t just vanish into thin air, if you don’t rebuild their cities.

JDW

November 10th, 2012
2:12 pm

@Kyle…regarding the double snark…Obama may very well want to get a little facetime with Vladimir or any one of a number of other folks and thats ok. As someone that has used the Cisco Telepresense rooms quite a bit I can tell you they work great. If he needs to get face to face with Boner while he is gone it is not a problem. Besides Valdimir might not have one…at $500K a pop, two required to talk, they are a bit pricy.

Don

November 10th, 2012
6:23 pm