Obama's terrible risk has now become a "fool's game"!

skeptic-f · Sep 21, 2011

If I can untangle the so-called logic behind James Cessna's OP, President Obama will get nowhere playing politics with his partisan job bill because he has lost all credibility. This is obviously incorrect because the President is not at a zero percent approval rating and because the Republicans are notoriously the Party that caters to the very rich of America.

Barack is not trying to swing the James Cessnas of America to his side: he is trying to embarass the Republican Party by having them shoot down what looks like a very reasonable Jobs Bill to the average American voter. Even a 5% swing back toward Obama could be crucial come November a year from now, and many Independents are only softly in the Republican corner at this point.

James Cessna · Sep 21, 2011

skeptic-f said: ↑

If I can untangle the so-called logic behind James Cessna's OP, President Obama will get nowhere playing politics with his partisan job bill because he has lost all credibility. This is obviously incorrect because the President is not at a zero percent approval rating and because the Republicans are notoriously the Party that caters to the very rich of America.

Barack is not trying to swing the James Cessnas of America to his side: he is trying to embarass the Republican Party by having them shoot down what looks like a very reasonable Jobs Bill to the average American voter. Even a 5% swing back toward Obama could be crucial come November a year from now, and many Independents are only softly in the Republican corner at this point.
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You may be surprised, skeptic-f, but I agree with you!

I enjoy studying Obama's ideology and the liberal mindset and sharing what I have learned with the other independents, conservatives and centrists in our group.

I am not attempting to convince our liberal friends of anything. I refuse to waste my time on this impossible endeavor!

By the way, when it comes to Obama's ideology, this review was very good.

My how things have changed in the short time since the Democrats lost the 9th congressional district in New York! This is Anthony Weiner's old congressional seat that the Democrats have held since 1922.

Since this unbelievable loss happened, has Barack Obama now entered a political death spiral?

Not even the Democrats in Congress will now come to his defense!

And to make matters worse, it seems as if Obama, the consummate Chicago politician, has never met a tax he didn't like!

According to Obama, he is proposing $4 trillion in debt reduction over the next 10 years, with there being $2 in spending cuts for every $1 in tax increases". But when the truth be said, with sleight of hand, Obama is actually proposing over $1.7 trillion in additional federal revenue, making the actual ratio $1 in spending cuts for every $7 in tax increases!

Pesident Barack Obama’s new debt reduction plan could and should be titled, "The Audacity of Duplicity".

"According to Obama, he is proposing $4 trillion in debt reduction over the next 10 years, with there being $2 in spending cuts for every $1 in tax increases". But the truth is said, with sleight of hand, Obama is actually proposing over $1.7 trillion in additional federal revenue, making the actual ratio $1 in spending cuts for every 4 in tax increases!

Where to begin?

Talk about duplicity! Half of the president’s claimed debt reduction comes from policies already in place. Obama says $1 trillion will be saved by winding down the wars in Afghanistan and Iraq. In other words, Obama wants credit for reducing America's debt that was never going to be incurred in the first palce!

And then there is the double bookkeeping. Another $1 trillion is from the agreement that was reached by Congress to increase the debt ceiling. But that agreement didn’t really reduce the debt by $1 trillion. It simply adopted future spending caps that would have that effect. However, there were no new laws adopted that would actually reduce spending. The caps are unenforceable promises to do something unspecific in the future.

Obama is actually only proposing $2.1 trillion in new stuff. Of that, nearly $1.6 trillion is increased taxes. So, he’s actually proposing $3 in tax increases for every $1 in spending cuts.

But that still doesn’t tell the real story. The “spending cuts” aren’t really all spending cuts. They are just things other than tax increases, and there’s over $135 billion in fee increases. Those may be warranted, but they aren’t spending cuts.

So, Obama actually is proposing over $1.7 trillion in additional federal revenue, making the ratio $4 in increased taxes and fees for every $1 in spending cuts.

But that still doesn’t tell the whole story. Obama, of course, is purposing increased stimulus spending now. Net, Obama is only proposing to decrease actual federal spending by about $245 billion over 10 years. So, the real ratio is $7 in increased taxes and fees for every $1 in actual spending cuts.

In short, Obama has proposed a massive tax increase while doing very little to control federal spending.

The bulk of the tax increases, $1.2 trillion, fall on individuals making over $200,000 a year. Supposedly, their tax treatment would only be returned to the levels prevailing during the Clinton prosperity, but that’s another bit of duplicity.

Obama proposes that the top two tax rates be returned to Clinton-era levels, but doesn’t stop there. He would also limit the deductions they take, which wasn’t the case during the Clinton bliss. And his health care bill already socked this group with an increase in payroll taxes of nearly 1 percent on wage income and an investment income tax increase of nearly 4 percent.

In short, Obama is advocating tax rates for those earning more than $200,000 a year much higher than the Clinton-era rates, which Bill Clinton himself described as too high.

This is supposedly so millionaires and billionaires pay their fair share. According to the Tax Policy Center, the top 1 percent of tax filers has 16 percent of the country’s income, but pay 24 percent of all federal taxes and 35 percent of federal individual income taxes.

According to Obama mythology, millionaires and billionaires pay lower tax rates than average Jacks and Jills. According to the Tax Policy Center, the top 1 percent pays 18 percent of their income in federal income taxes. The middle quintile pays less than 3 percent. Those below that actually get more money back than they pay in.

Obama seems really worked up over the fact that investment income is taxed at a lower rate than wage income. But that’s not really the case. Dividends are taxed at the corporate level before they are distributed to individuals, when they are taxed again. Capital gains are taxed on their nominal value, ignoring the effect of intervening inflation.

If Obama were truly interested in a bipartisan down payment on debt reduction, he could have anchored his proposal in the recommendations of his debt commission. The debt commission, however, recommended about half of what Obama proposes in additional federal revenue and raised in a way that lowers rates across the board, including for millionaires and billionaires.

Obama’s interests, however, clearly lie elsewhere.

Source: http://www.realclearpolitics.com/art...al_111411.html
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The Mello Guy · Sep 21, 2011

James Cessna said: ↑

good advice, Don.

If the Democrats all vote "green" in 2012 their candidates will lose for sure and the Republicans will gain control of the House, the Senate and the Presidency.

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then we can get back to the conservative leadership we saw last time they had that....

medicare part D, amnesty, massive new debt, houses for people with no money....

James Cessna · Sep 21, 2011

The Mello Guy said: ↑

then we can get back to the conservative leadership we saw last time they had that....

medicare part D, amnesty, massive new debt, houses for people with no money....
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No, you are wrong, Mello Guy.

George W. cannot run for a third term!

BTW, this reveiw of Obama's progress was very good!

That could work -- if millions of Americans come down with amnesia and forget the brutal "pounding" President George W. Bush took. A favorite charge against Bush was that his policies were un-American. Heres an example:

The way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents . . . so that we now have over $9 trillion of debt that we are going to have to pay back -- $30,000 for every man, woman and child. Thats irresponsible. Its unpatriotic.

Barack Obama said that in 2008. Three years later, the debt is $14.7 trillion and jobs are shrinking. The debt is now $50,000 for every man, woman and child.

Pound away, America.

Source: http://www.nypost.com/p/news/local/obama_leans_further_left_yog8W5dDYD3Fl1TPcY76YN#ixzz1YdrglCzD
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James Cessna · Jun 25, 2012

GiveUsLibertyin2012 said: ↑

Whats funny is hes going around the country,blaming Republicans for holding his bill back,when in fact its Reid that tabled it.
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Obama owes allegiance to no one.

He believes he does not owe allegiance to our citizens, our institutions, our values or our nation. Michelle Obama agrees with him and has all but said so.

The only person Barack Obama owes allegiance to is himself.

Sad. ... Very Sad!

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Obama's terrible risk has now become a "fool's game"!

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