We gave the Republicans every advantage, great leverage, in the recent election. They are repaying us with more same old, same old. Get with the program, recognize the message. Let us test the Obama Compromise. First, the Bush tax cuts. If they expire in total, everybody agrees the country is in for a heap of hurt. Therefore, up or down, should we let the tax cuts expire? A two-part question, middle class [sic] and filthy rich. There is virtually unanimous consent on the so-called middle class tax cut so keep it, don't let it expire. The so-called millionaire's tax cut? No consensus so let it expire and judge the consequences when the new congress is seated. If necessary, and I think it will be necessary, reinstate it.
Memo To Republican Congressmen: Handle the tax issue yourselves. Here are some thoughts. Let the Bush tax rates expire. But, start in the House with a new GOP plan. 1.Retroactive to January 1, 2011 the 2010 rates on income and capital gains continue until a future congress changes them, 2.Eliminate the taxes on estates under $20 million. 3.Take the advice of Obama's Deficit-Commission and lower corporate income taxes to between 23% and 29% 4.Implement a 5% tax on repatriated corporate profits. In a Wall Street Journal op-ed piece Cisco's John Chambers estimates this would entice about a trillion dollars to flow into the US economy and generate $50 billion for the treasury.
While Congressional Democrats dawdle away on deciding our tax rates and refuse to pass a budget, they still find time to pass on favors to special interest groups and people. The latest big favor comes to the sugar daddy that has funded so many of their campaigns and was an early supporter of Barack Obama: George Soros.
You can't play out the "what ifs" with any certainty, but it seems pretty obvious to me that if the tea parties hadn't been around, doing what they do, the GOP, the conservative movement and the country would be in far worse shape today. It's hardly as if the folks in the White House or over at the DNC are suddenly sleeping a whole lot better because they might hang on to the Vice President's former senate seat, while probably losing the president's, Harry Reid's, Russ Feingold's and maybe even Barbara Boxer's. And, even if this costs the GOP a senate majority, most political observers know that winning back the senate matters less than destroying the filibuster-proof majority. And the GOP will do that with room to spare (thanks to the tea parties).
The so-called Coffee Party movement, putatively a grass roots spontaneously-generated reaction to the "incivility" of the Tea Parties, is actually an embarrassing Astroturf op, created by an Obama campaigner, and helped along by big bucks K Street political pros. Even more embarrassingly, when the "activists" gather, they don't practice what they preach, regarding civility.
The Anti-Defamation League has taken issue with comments from President Barack Obama that the ADL says reflect a "significant shift" in U.S. policy toward Israel and the peace process.