Just remember to extend those tax cuts costs $1tn dollars over 10 years. There is no way we can get back to a balanced plan that put us back on the path to living within our means, protects Medicare, invests in things we need, if you extend those tax cuts.Treasury Secretary Timothy Geithner • Discussing the role of the Bush-era tax cuts in the current fiscal cliff crisis. The Obama administration’s continuing stance? For higher wage-earners, the cuts must go away. The Obama administration in general is pushing for ways to raise revenue to deal with the debut crisis. But don’t expect any assistance from House Speaker John Boehner, who says that if Obama gets the $1.6 trillion in revenue he’s looking to raise, “He’s going to spend it.” What do you guys think is going to happen with the fiscal cliff?
Um, this sounds pretty bizarre on its face. But not as awkward as PETA suggesting to stop pardoning altogether. While the turkeys will both survive after Thursday, it’s still kind of messed up to have people vote for it on Facebook. But not nearly as messed up as the fact that Obama doesn’t pardon very many humans.
Dean Chambers, the man behind UnskewedPolls, admitted following a tough election that he’d been wrong on his premise that polls systematically underrated GOP challenger Mitt Romney. A couple weeks of reflection, however, and Chambers is back in action. He claims the president is little more than Barack O’Fraudo, having won four states (Ohio, Virginia, Florida, and Pennsylvania) through malfeasance. As to whether he still finds Nate Silver too skinny and effeminate to be trusted on numerical matters, that’s an open question. source
A historic visit: For the first time ever, a sitting U.S. president has visited Myanmar (or if you roll that way, Burma), a country long cut off from the outside world. The president, accompanied by Secretary of State Hillary Clinton, isn’t going there to endorse the government he claims, but the steps it needs to take. The official U.S. Embassy account for the country has more.
“Let’s understand what the precipitating event here that’s causing the current crisis and that was an ever-escalating number of missiles that were landing not just in Israeli territory but in areas that are populated, and there’s no country on Earth that would tolerate missiles raining down on its citizens from outside its borders,” Obama said at press conference in Thailand at the start of a three-nation tour in Asia.
“So we are fully supportive of Israel’s right to defend itself from missiles landing on people’s homes and workplaces and potentially killing civilians.”
He added: “Israel has every right to expect that it does not have missiles fired into its territory. If that can be accomplished without a ramping up of military activity in Gaza, that’s preferable. It’s not just preferable for the people of Gaza. It’s also preferable for Israelis, because if Israeli troops are in Gaza, they’re much more at risk of incurring fatalities or being wounded.”
Regarding the peace process, Obama said this: “Those who champion the cause of Palestinians should recognize that if we see a further escalation of the situation in Gaza than the likelihood of us getting back on any kind of peace track that leads to a two-state solution is going to be pushed off way into the future.” Obviously, this is a hornet’s nest, but should Obama have taken this stance? Does this reflect what’s actually happening in the region?
If you voted for Barack Obama your business is not welcome at Southwest Shooting Authority. You have proven that you are not responsible enough to own a firearm.An ad taken out by the Southwest Shooting Authority in Pinetop, Arizona • Finally drawing, from the pro-gun side, a clear line on when you’re not responsible enough to wield your 2nd Amendment rights — the moment you voted for Barack Obama. The store’s owner, Cope Reynolds, realizes it’s an easy rule to duck (just don’t mention Obama) but he’ll stand his ground if anybody comes clean: “…if they own up to it, we will not serve them. This goes way beyond gun control, which many think is why we did this. I should have as much right to post a sign on my door as those that post ‘No Guns’ on their doors. source
If Senator McCain and Senator Graham and others want to go after somebody, they should go after me. And I’m happy to have that discussion with them. But for them to go after the U.N. Ambassador, who had nothing to do with Benghazi, and was simply making a presentation based on intelligence that she had received, and to besmirch her reputation is outrageous.President Obama at his first press conference today. This was in response to McCain and Graham pledging to block Susan Rice’s nomination if Obama taps her for Secretary of State. source
For 16 months, Democrats and Republicans behaved like a husband and wife in an ugly divorce proceeding, not speaking to each other except through invective.
Now they will see if their troubled marriage can be salvaged, for the sake of the children, which in this case is the U.S. economy. The non-partisan Congressional Budget Office reiterated last week that jumping off the cliff would boost the jobless rate to 9 percent from the current 7.9 percent.
For Obama, who won four more years in office in Tuesday’s election, this is his moment to bring a “balanced approach” to healing the nation’s fiscal problems.
In the Democrat’s eyes, that means keeping lower tax rates for the poor and middle class, while forcing the rich to pay more income taxes. White House spokesman Jay Carney renewed the president’s vow to veto legislation that simply extends the tax cuts, which originated during the administration of President George W. Bush.
If Republicans were to agree to the higher tax rates on the wealthy, that would open the door to deals on a new round of spending cuts, including sensitive “entitlement” programs, such as the Medicare healthcare program for the elderly, some Democrats say privately.
Get these guys some couples’ therapy. Please.
A good thought from my friend Dave Beard, who suggests that Obama and Romney donate some of their leftover campaign money to help victims of Hurricane Sandy. What do you think? — Ernie @ SFB
(Source: twitter.com)