Obama Signs Bill To Extend Bush Tax Cuts

Obama Signs Bill To Extend Bush Tax Cuts - Political Hotsheet - CBS News

In a display of compromise rarely seen during his time in office, President Obama has signed into law a $858 billion tax cut bill despite the misgivings of members of both parties.

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1. So the president who just a week ago was complaining about being a HOSTAGE suddenly declares VICTORY.

2. As if TAX CUTS FOR THE RICH are all HIS.

3. Which, now they ARE.

4. As well as the Republican-written estate tax, the 2% payroll holiday on SOCIAL SECURITY.

5. The lay of the land---if you are not in accord with Clinton/Bush/Obama/McConnell/Boehner, you are by definition less than a fringe.

6. Ie, if you're not aboard you're a splinter.

7. And you don't appear to know it.

8. The f-laden tirade thrown this month by the progressives in Nancy's caucus, amounting to a mean mouthed MUTINY against the White House, was comprehensively PUT DOWN by the president, de facto leader of the tantrum throwers as well as influential elements of the professional MSM.

9. In other words, the far left today is weaker, less credible, actually harmful to Democracy, than any of us recall seeing.

10. They're just so commonly IMMATURE.

11. Did you know Pelosi DID NOT VOTE on the Clinton/Bush/Obama/McConnell/Boehner tax cut plan?

12. She did not even ATTEND the Rose Garden victory lap celebrated by the triumphant president, nee hostage.

13. He was dragged kicking and screaming to these cuts, when he announced them on December 6 smoke was streaming out of those large lobes.

The Nation: Obama Caves on Tax Cuts : NPR

White House Gives In On Bush Tax Cuts

14. Leno and Letterman lampooned the luckless leader, one having him kicking the briefing room door, the other portraying him tossing over his lecturn.

15. Oh well.

16. Barack Obama, by the way, is the first president in history to openly RAID social security, y'know, already up against tens of trillions in unfunded liabilities.

17. Are you sure he knows what he's doing?

18. Look at his lame duck, the aftermath of Tsunami Tuesday.

19. Grasping Pelosi kept her spot.

20. He CAVED on the cuts, the Weiners WENT OFF, then WHIMPERED.

21. The leadership LAID DOWN on the omnibus, ceding control of 2011 spending to the oddly orange dude who cries.

22. Michelle's food safety, bought at the cost of CUTS TO FOOD STAMPS (in times like these), appears bedridden.

23. By THREE HUNDRED AND FORTY ONE to only 48 lost and lonely libs, Pelosi's Place BANNED civilian trials for Gitmo's guys, as well as any transfer of the tangled terrorists to US territory.

24. DREAM died.

25. And START, the president's "top priority," which enjoys in REGULAR session widespread GOP support, appears perhaps subject to a DADT backlash.

26. Congrats! Mr President on the BUSH TAX CUTS!

27. That's a big WIN!

28. What's next, a TEA SUMMIT with GLENN BECK?

29. Meanwhile, still out there---Afghanistan, the cartels, the EU, Iran, Korea, Chinese trade, Obamacare (in Congress, in the courts, in the states), an Armageddon-like spending cuts war versus Lipton lovers...

30. Iowa's Hawkeye Cauci are in 13 months.

Obama declares 'substantial victory' | POLITICO 44

Obama signs tax-cut bill in White House ceremony - Glenn Thrush and Abby Phillip - POLITICO.com

The Prof

Ya know, the best thing about your posts prof? They're so disjointed that they are not understandable.

However it is good to know that he signed it. Now I know our bills will be able to be paid.

Maybe the Republicans will finally love him now. It seems to be his main goal as President, to make the Republicans love him.

The Cynic said:

Maybe the Republicans will finally love him now. It seems to be his main goal as President, to make the Republicans love him.

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nah - they still hate him. If he switched parties tomorrow they would hate him even more for trying to spoil their fun. Hating Obama is part of their political DNA.

The Cynic said:

Maybe the Republicans will finally love him now. It seems to be his main goal as President, to make the Republicans love him.

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His main goal is no different than any first term president. To get re elected. GHWB was the only one I have seen in my lifetime who didn't really care about that.

Kal'Stang said:

Ya know, the best thing about your posts prof? They're so disjointed that they are not understandable.

However it is good to know that he signed it. Now I know our bills will be able to be paid.

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You weren't going to be able to pay your bills if your taxes went up a little bit?

TurtleDude said:

His main goal is no different than any first term president. To get re elected. GHWB was the only one I have seen in my lifetime who didn't really care about that.

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Fair point. I'm not so sure Bush Sr. didn't care, or he was just clueless as to how his actions would effect his popularity.

haymarket said:

nah - they still hate him. If he switched parties tomorrow they would hate him even more for trying to spoil their fun. Hating Obama is part of their political DNA.

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It just makes me glad to know that the Democrats have always been fair to Republican presidents.

TurtleDude said:

His main goal is no different than any first term president. To get re elected. GHWB was the only one I have seen in my lifetime who didn't really care about that.

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Weren't you around when Ford was president?

haymarket said:

Hating Obama is part of their political DNA.

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we weren't the schoolboys muttering, "f the president," in the basement

House Democrats Shout, “F the President”—Now, THAT Is a BFD!

george miller---"just say no!"

anthony weiner---"no, we can't!"

obama caved on tax cuts for the rich, intimated he was a hostage, then claimed victory

congrats!

I love this just because ending the "tax cuts for the rich" was one of Obama's selling points....just like closing Git'Mo and immediately leaving Iraq, LMAO.

Jerry said:

I love this just because ending the "tax cuts for the rich" was one of Obama's selling points....just like closing Git'Mo and immediately leaving Iraq, LMAO.

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elections have consequences and Obama wants to be reelected.

Letting the wealthy keep their wealth during a recession sounds a lot better on paper than it is in practice, especially during a recession which transitioned abruptly from a 'golden age' into a 'dark age'. The wealthy get to be wealthy because they invest in things that are likely to make them a profit. In a recession, most economic ventures become exponentially less likely to make a profit, so the wealthy don't like spending as much. And because they don't spend, the economy doesn't recover.

That's why in human history, most economic 'dark ages' persist for hundreds of years. It takes some dramatic upheaval to switch things around, like a barbarian invasion, or in the case of the 20th century, a world war.

The wealthy got spoiled during the 90s, so they are even less likely to want to spend money. Their motivation is the same as the middle class families who want to move but are waiting for the housing market to recover to the point where they can make more money than they spent on their house. Their expectations are set for a golden age, not a dark age, and that only contributes to the dark age.

Kal'Stang said:

Ya know, the best thing about your posts prof? They're so disjointed that they are not understandable.

However it is good to know that he signed it. Now I know our bills will be able to be paid.

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You're not alone, my man. There are so many people out there trying to find work, but work's just not there for many people no matter how hard or for how long they've looked. Take these individuals from this MSNBC.com article:

"We, the middle class, are just trying to keep our heads above water."

"It really gets me when they say 'you lazy people.' They have no idea how depressing that is when you have been beating your head against the wall, trying to find work. Every time I see that or read it, I just start crying. They have no idea."

"I'm still struggling to get things right," she says. "My bills are sky-high because I have not been able to pay them — the light bill, gas bill and water bill. I try to keep agreements with the utilities."

"I don't think some people ever could understand. I don't think they have the capacity to understand. They have an image of what an unemployed person is like, and there is no way to change that image until that person experiences true unemployment. And most of them never will.

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Just a few exerpts from the people who depend on these unemployment benefits to survive! People who aren't lazy. People who do look for work and have been doing so regularly, some since last year or longer. People who are highly skilled, but for reasons not of their own doing have been laid off, cast aside. It's not that these people don't want to work. Jobs just aren't plentiful these days.

Barbbtx said:

You weren't going to be able to pay your bills if your taxes went up a little bit?

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No we wouldn't have been able to. That bit that they would have raised might sound like a little bit to you...but it was the difference in weather we could pay our rent or not.

Objective Voice said:

You're not alone, my man. There are so many people out there trying to find work, but work's just not there for many people no matter how hard or for how long they've looked. Take these individuals from this MSNBC.com article:



Just a few exerpts from the people who depend on these unemployment benefits to survive! People who aren't lazy. People who do look for work and have been doing so regularly, some since last year or longer. People who are highly skilled, but for reasons not of their own doing have been laid off, cast aside. It's not that these people don't want to work. Jobs just aren't plentiful these days.

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That gal is EXACTLY right.

Which gal would that be? They all have their own story to tell, but they're all correct. You have people from all walks of life out their either pounding the pavement or searching online for pretty much any job that can find to pay their bills - folks with IT degrees, single-mothers, highly skilled professionals formerly with big Fortune-500 companies who've been laid off - but there just doesn't seem to be enough work to be had. I'm very thankful to still have my job. My wife lost hers earlier this year, but fortunately our financial situation isn't so grim that we can't get by without her lost income. Still, I feel for those folks who are just barely hanging on. It really irritates me when people have no compassion for those in need who are struggling through no fault of their own yet are called lazy, good-for-nothings. Those who have this view either honestly do believe the unemployed truly don't want to work or they've never been in such a tough financial situation that they don't know where their next meal is coming from or how long their money will hold out before they do find work.

I think it's sad really when another human being doesn't take the time to consider the plight of another human being, but instead label everyone who's out of work and receiving unemployment benefits as lazy and shiftless. Most people do want to work. For many, the jobs just are not out there.

Kal'Stang said:

Ya know, the best thing about your posts prof? They're so disjointed that they are not understandable.

However it is good to know that he signed it. Now I know our bills will be able to be paid.

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Someone told him he was rich; that's when he signed it. :lamo

Morality Games said:

Letting the wealthy keep their wealth during a recession sounds a lot better on paper than it is in practice, especially during a recession which transitioned abruptly from a 'golden age' into a 'dark age'. The wealthy get to be wealthy because they invest in things that are likely to make them a profit. In a recession, most economic ventures become exponentially less likely to make a profit, so the wealthy don't like spending as much. And because they don't spend, the economy doesn't recover.

That's why in human history, most economic 'dark ages' persist for hundreds of years. It takes some dramatic upheaval to switch things around, like a barbarian invasion, or in the case of the 20th century, a world war.

The wealthy got spoiled during the 90s, so they are even less likely to want to spend money. Their motivation is the same as the middle class families who want to move but are waiting for the housing market to recover to the point where they can make more money than they spent on their house. Their expectations are set for a golden age, not a dark age, and that only contributes to the dark age.

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the people who are always spoiled are those who have full citizenship yet pay almost nothing to fund the country.

the rich-even with those tax cuts-pay (the top 1 percent) 40% of the income tax and almost all the death tax. The top 5% pay more than HALF the income tax. They sure weren't being GIVEN money by the goverment.

TurtleDude said:

the people who are always spoiled are those who have full citizenship yet pay almost nothing to fund the country.

the rich-even with those tax cuts-pay (the top 1 percent) 40% of the income tax and almost all the death tax. The top 5% pay more than HALF the income tax. They sure weren't being GIVEN money by the goverment.

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When will you get in into your head that nobody has to PAY $$$ for rights of citizenship? Something like the right to vote is guaranteed by the US Constitution and it expressly forbids any sort of tax being connected with the right to vote. In addition, your blind insistence on looking at only the income tax ignores the fact that lots of people pay many other taxes and are darn well paying for this country. Many people here have repeatedly told you that in man threads when you bring up this idea.

haymarket said:

When will you get in into your head that nobody has to PAY $$$ for rights of citizenship? Something like the right to vote is guaranteed by the US Constitution and it expressly forbids any sort of tax being connected with the right to vote. In addition, your blind insistence on looking at only the income tax ignores the fact that lots of people pay many other taxes and are darn well paying for this country. Many people here have repeatedly told you that in man threads when you bring up this idea.

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libs constantly say that the rich aren't paying their fair share as citizens.

The income tax and the death tax are the ones that are the topics during elections. since they vary depending on the citizen they are the ones that can be used to manipulate voting patterns. Your silly parrot rant that "many" (ie four or five libs) keep spewing leftwing drivel at me means nothing

Your leghumping is getting tiresome

from Turtle

Your leghumping is getting tiresome

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This is at least the fifth time you have used a term like this and its extremely creepy and indicative of some sort of problem on your part. I am a member of this board and as such will use all the rights available to me to comment on anything posted on this board. It seems that you are attempting to impinge on my freedom to do so. You want to be able to post the same talking point over and over and over again in thread after thread after thread ad no matter how many times it is refuted you still keep coming back.

It is has been pointed out to you repeatedly that the US Constitution expressly prohibits any sort of tax from being connected with the right to vote. So there is no basis in fact or practice for your contention.

Then you claim that all you are doing is proposing a possibility which should be considered in discussion. fine. So we had a thread and a poll on the subject where your idea was voted down 50 to 4 and even one of the 4 said they voted by mistake. So your idea was heard. Your idea was discussed. Your idea was debated. Your idea received a thorough hearing. And then your idea was thoroughly rejected in a extremely lopsided vote.

But being the True Believer that you are, you will not give up and keep harping on the exact same thing in thread after thread after thread. And if that is your right to do that, it is also the right of everyone else here including myself, to point this out to you.

I made you an offer. Put aside all this talk of Democrats overtaxing the rich in order to buy votes and power and advocating we change the vote to be connected with paying of income taxes. Put it aside for thirty days. Let it rest for heavens sake. Give the entire board a Christmas present. And I will not respond to what is not there and we can all move on.

TurtleDude said:

libs constantly say that the rich aren't paying their fair share as citizens.

The income tax and the death tax are the ones that are the topics during elections. since they vary depending on the citizen they are the ones that can be used to manipulate voting patterns. Your silly parrot rant that "many" (ie four or five libs) keep spewing leftwing drivel at me means nothing

Your leghumping is getting tiresome

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Have you noticed that no Obama supporter had defined "fair share" in talking about taxes on the rich? What exactly is that fair share number from the liberals/progressives here.

Listened to Barney Frank yesterday on the Estate Taxes and as usual he made me sick.

Conservative said:

Have you noticed that no Obama supporter had defined "fair share" in talking about taxes on the rich? What exactly is that fair share number from the liberals/progressives here.

Listened to Barney Frank yesterday on the Estate Taxes and as usual he made me sick.

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The "fair share" argument is a red herring. We have an elected government which makes this determination and enacts it into law.
Taxes are simply the price we pay for a civilized society. Oliver Wendell Holmes said that. It was true then and it is true today.