Barack Obama: America Voted for Tax Hikes

Obama Brings the Pain–
Barack Obama told reporters today that America voted for tax hikes this week.

President Barack Obama makes remarks on the “fiscal cliff” in the East Room of the White House. (The Ticket)

Citing a mandate, far left President Obama told reporters today that America voted for tax hikes this week.
The Ticket reported:

Claiming a mandate from his election romp over Mitt Romney, President Barack Obama announced on Friday that he had invited congressional leaders to the White House next week for talks on how to steer the battered economy away from a “fiscal cliff.” Obama said he was open to compromise with Republicans—but that any final deal needed to raise taxes on the richest Americans.

“This was a central question during the election,” the president said in brief remarks in the East Room of the White House. “It was debated over and over again, and on Tuesday night we found out that a majority of Americans agree with my approach.

“Our job now is to get a majority in Congress to reflect the will of the American people,”
Obama said. “I’m not wedded to every detail of my plan. I’m open to compromise. I’m open to new ideas. I’m committed to solving our fiscal challenges. But I refuse to accept any approach that isn’t balanced.

So, any guess on the timing of our next recession?

Get news like this in your Facebook News Feed,
Gateway Pundit

Commenting Policy

Please adhere to our commenting policy to avoid being banned. As a privately owned website, we reserve the right to remove any comment and ban any user at any time.

Comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal or abusive attacks on other users may be removed and result in a ban.

Facebook Comments

Disqus Comments

  • P. Aaron

    Those other voters want tax hikes…go take it out of them. They’re your constituency.

  • CT

    BULL$HIT

  • Tighterlines64

    And when those tax hikes hit ALL Americans only then will his dumbarss supporters know what they did to themselves. It is to laugh.

  • SturJen

    Um…. I didn’t vote for him. I don’t want a tax hike. Give it to one of those ‘brainiacs’ who voted for him.

  • “next recession”???

    we never got out of the last one.

    Double dip, anyone?

  • Most of his supporters don’t pay taxes,his rich pals can move their money around, its the middle class the group he wants to destroy.

  • forest

    The “fiscal cliff” raises taxes and cuts spending. It is Obama’s “balanced approach” which is why he signed it into law. It is “fair” – “Everyone has skin in the game”.

    Plus Obama says we “can’t follow Bush’s policies that got us into this mess to begin with”, right? so his tax cuts need to be revoked in toto.

    So I don’t know why there is all this talk.

    Do not obstruct Obama’s Balanced Approach from going into effect. He won, after all, and those who voted for him deserve the pain they voted for.

  • JC

    Problem is the idiots that voted for Obama thought the “other guy” would get taxed, not them.

  • 60 million Obama voters and 12 million no-show Republicans decided that Obama was the man!

    We have just had the worst, most corrupt, most dishonest President in the past 100 years get re-elected. Obama won 8 of the 10 richest counties. He’s got the support of millionaires, billionaires, and big business. American citizens have had the evidence of his incompetency and dishonesty for four years.

    You know what? Screw them. Let the tax hikes begin. Let the Democrats own it all. The Tea Party fights for lower taxes and sensible government and all they get is the blame. The Republicans blame them for everything, compromise and get nothing. Boehner made a “deal” that got nothing for the Republicans and everything for the Democrats and the TP STILL got blamed for the credit downgrade.

    Boehner has already said that he’s going to compromise. Oh..yet…he SAYS no taxes..but he says that he has to satisfy elements in his party. He doesn’t support it.

    Screw them. The GOP should vote present. And let the Democrats crash the bus at full speed.

  • Rainmom

    We need to contact our representatives and tell them that since Obama thinks he has
    a mandate to raise taxes, that maybe it’s time for those connected to Hollywood to
    pay their fair share… push for special taxes on Hollywood.
    Read Glenn Reynolds article. He says there was a 20% gross tax on films after WWll
    to help pay down that debt, and that the tax was finally cut in the 50’s, I think. Since
    the left is harping about the Bush tax cuts, maybe it’s time to remind them about the
    Hollywood tax cuts that have lasted decades.
    http://washingtonexaminer.com/sunday-reflection-time-for-hollywood-to-pay-its-fair-share/article/2508038#.UJ1kE2cwCuJ

  • ★FALCON★

    Time to tax the 47 percent at 20 percent. For starters.

  • bg

    ++

    oh no they didn’t..

    Students outside White House celebrate:
    ‘Everyone is getting a f**king Obama phone’

    but that’s what i call:

    ‘A LEAGUE OF WELL INFORMED EDUCATED VOTERS”

    oh yes, and they are the ones they’ve been
    waiting for who can can your arse too!! /s/

    ==

  • dwd

    Middle class, you will still have to work, but you will have to fork over more of your pay to give to those at the bottom levels of society…. you and they will live the same quality of life, but you will work for it and they will not. In their spare time they can enjoy their newly-legal drugs, chat each other up on their Obamaphones, utilize their now free health care, and, when they’re bored, hit a store or two with a flash mob.

    Welcome to Obamamerica.

  • snap boy

    I certainly don’t recall tax hikes being a major issue of the election, mostly the issues from Obama’s side seemed to involve Mitt Romney being an evil person.

  • ★FALCON★

    Additionally, Boehner is to blame for the at least 3 trillion of 6 trillion in new deficit spending. He a huge part of the problem. Has to go on with his life’s work, as a caddie.

  • bluemount

    What about the “will of the people” with Obamacare? Majority never wanted it. He uses this statement when it suits his purpose.

  • Pingback: Barack Obama: America Voted for Tax Hikes | PolitifreakPolitifreak()

  • There is part of me that says, let him do it.

    We will find out once and for all if raising taxes works.

    Clinton got lucky with the internet boom, only thing that would save Obama is the Pot boom.

  • Stella Baskomb

    “a majority of Americans agree with my approach.”

    In the blue states, yes.

    So – let’s move forward with tax increases for people who live in the blue states . . .

  • ★FALCON★

    It’s time for new GOP leadership in congress. Boehner did nothing to represent me during his time as speaker. Tacking on more debt, no budgets, cuts to defense, spending resolutions, etc, etc, etc.

    There was no opposition to Obama, none at all. It appears the man is drunk by 9 AM.

    As for the taxation – Obama wants to start at 250k. I have news for you – there are so many new regulations, hidden taxes, and out right thievery that you will end up paying more through hyperinflation and the dollar devaluation.

    Obama is essentially taxing everyone making the first dollar at a higher rate.

    The country won’t last 6 months if the Republicans cave in. And fully expect they will.

    A recession would look great compared to the MEGA DEPRESSION lurking over the horizon.

  • FurryGuy

    Strange how the looming fiscal cliff crisis could be said to be so central to the election when the American Pravda propaganda complex worked so very hard to ignore it, along with a host of other dire events that will surface.

    5 Big Stories The Media Will ‘Discover’ After The Election

  • brian

    During the campaign he said he would only “ask” the wealthy to pay more taxes. You don’t *have* to say yes, right???

    Btw just find the right government guy to bribe or offer some bribe to some official somewhere who can probably take care of it for you if you “forget” to pay your taxes. That’s how it works most other places in the world. Didn’t most americans vote for that???

  • driguana

    Does “richest americans” include Hollywood people?

  • Tjexcite

    Well then give it to them and stock up on food, toilet paper and ammo.

    Every so often people to be burned to know that fire will burn. Same with Communism. People are two generations away from it so now it is time to remind people of it. Even if it causes death and destruction on the way. If the Constitution really is that strong it will be around on the there side.

  • Sam Stone

    51% of ALL US citizens over 18 years old voted.
    Obama got the votes of only 26% of all eligable voters in the US.

    He LIES again whan he speaks about most wanting tax hikes. ONLY 26% of the eligable voters say that.

    US pop over 18 years old is 234,564,000
    Obama got 61,210,389 votes

  • Steve S.

    I love how liberals wear blinders when viewing something. Every single seat in the House of Representatives was up for reelction, and the people voted in a Republican majority to keep Obama from raising our taxes. That’s the way any rational person would view it.

  • 51% of ALL US citizens over 18 years old voted.
    Obama got the votes of only 26% of all eligable voters in the US.

    He LIES again whan he speaks about most wanting tax hikes. ONLY 26% of the eligable voters say that.

    US pop over 18 years old is 234,564,000
    Obama got 61,210,389 votes

    When you don’t vote, you are settling for the status quo. If you don’t vote out the incumbent by not voting or by voting for the incumbent, you are agreeing to the status quo.

    That means the majority is just fine paying more money to Obama.

  • Lanka

    The easiest way for the people to resolve this issue was to vote out the one person that all voters had a say in, the President. They did not. They kept him, KNOWING that he intended to raise taxes on the highest earners. You reality deniers lost, now get out of the way.

  • Blacque Jacques Shellacque

    …any final deal needed to raise taxes on the richest Americans.

    Now what was that again about eight out of the ten wealthiest counties in the U.S. going for Obie?

    Bwaaahahahahaha, eat it, you idiots.

  • bigkahuna

    1. Seems to me they voted for gridlock

    2. Liberals voted for tax rate hikes ????? Ok check the voter roles and those who voted for Obama will get increased taxes.

    3. F.O. B.O.

  • Oliver

    OT: Petraeus resigns this a.m. just announces he will NOT be testifying on Benghazi.

    nothing to see here folks, move along

  • Sam Stone

    Cargosquid. I disagree. The majority who didn’t vote are probably better off not voting or Obama would have gotten 10 million more votes. Then he may have been right.

    apathy is not a vote for or against.

  • Dale

    Here we GO!!!!!!!!! This evil, small man is a PETTY DICTATOR!!!!!!!!!!! He is going to rule by decree using the executive order and steam roll any opposition. Kiss your country goodbye fools, this man is a DICTATOR!!!!!!!!!!!!! No we DID NOT Vote to raise taxes, you won by a small margin Mr. President Chavez, you evil small man you!!!!! EFF you President Obama, I hope Airforce One crashes into the ocean.

  • Lanka

    LOL! Four more years muthafakaz! Democrats gained seats in the Senate and the House! GOP will soon be “so small we can drown it in the bathtub.”

  • 62 million Republicans voted for Bush. 50 million for Romney. We’re missing 12 million Republicans.

    I don’t care if 10 million Democrats stay home. We had 12 million deserters.

  • Sam Stone

    New Interior proposal would block oil shale drilling on federal lands in West.
    The Interior Department on Friday issued a final plan to close 1.6 million acres of federal land in the West originally slated for oil shale development.

    The proposed plan would fence off a majority of the initial blueprint laid out in the final days of the George W. Bush administration. It faces a 30-day protest period and a 60-day process to ensure it is consistent with local and state policies. After that, the department would render a decision for implementation.

    http://thehill.com/blogs/e2-wire/e2-wire/267095-interior-proposes-shielding-federal-lands-in-west-from-drilling

  • Lily

    Its a scary place to live where about 51% of your neighbors can vote your income away from you to be spent on them.

  • Lily

    but that any final deal needed to raise taxes on the richest Americans.

    Duel income professions working in a large city making a combined $250,000+ are apparently millionaires and billionaires.

  • Fionnagh

    Man, I SO hope this gets on the lamestream media – more than once – so that the fools who voted this guy in can sit back in shock and say Whoa, dude! That’s not why I voted for you! Whaddha mean, higher taxes?

  • AmericaWILL

    When the Hell was it debated????? Must of been in the first one and inside $hit-4-brains’s head.

  • ★FALCON★

    Lanka commented:

    You reality deniers lost, now get out of the way.

    We don’t mind getting out of the way – just don’t come running to us to fix it when it all comes crashing down, because is will, as it has every other time it’s been tried worldwide.

  • dba_vagabond_trader

    Never heard a president insist he was elected because Americans want tax hikes. Wow.

  • bg
  • AmericaWILL

    If ONLY those on TV that fawned over O would be hit with this. I so want to see Chris Matthews, Barbara Walters, & Bill Maher hit with huge taxes that would wipe the O loving smiles from their collective faces!

  • Lanka

    Fair enough, Falcon. We are fixing it now after Republicans brought it crashing down last time.

  • Monkey Wrench

    He’s talking about returning to the tax rates of 2000 on incomes over 250k. That was discussed during the campaign and also came up during the debates. Most Americans do agree with that. Of course only 2% of all Americans make that much. About 3% of small businesses file as individuals and fall into this category.

  • Patriot Act

    “…a majority of Americans agree with my approach. Our job now is to get a majority in Congress to reflect the will of the American people.”

    The majority of Americans want Obamacare repealed. Are you going to get Congress to reflect that, Baroke?

    The majority of Americans want to preserve their constitional right to own firearms. Are you going to get Congress to reflect that, Baroke?

    The majority of Americans want … fill in the blanks.

    Obama is nothing but an empty-headed gasbag whose only discernible skill (one that he’s not even that good at, imo) is reading prepared speeches from a teleprompter.

    I grieve for our republic, which I believe is now “finished”, thanks to an electorate so profoundly uninformed, so gullible, and so selfish that they would re-elect an administration like this which is plainly committed to the destruction of everything that is good about America.

  • bg

    ++

    the Muslim Brotherhood is readying to take over..

    ==

  • Lanka

    Those 3% of small businesses can simply incorporate or set up LLCs, get with the times.

  • joyo

    It’s time to let the “takers” redistribute their government wealth to the hard-working middle class that has been paying for the “takers” far too long.

  • hmmm
    This was a central question during the election

  • Patty

    • Pop Culture Presidency

    After election analysis can be interesting, but when it comes from the same people who got the pre-election analysis wrong it should be taken with many grains of salt. After election reactions can also be rather elitist. I know it is easy to want to disparage those who voted against a supported candidate in a “How dare you” tone. Political junkies kind of expect everybody else to be political junkies.

    […………………]

    […………………]

    What I think this means for the future is not that social conservatism and conservative ideas are dead on arrival as far as the culture is concerned. The confluence of events that created the pop culture president is not going to be the defining truth for elections to come. This was more personality than politically driven. The answer certainly is not for conservatives to try to imitate the pop culture aspect of his success – they never will, but they certainly have a long way to go to engage the youth and others. In some ways President Reagan also became a pop culture phenomenon on his own terms with his extolling of conservative ideas along with a sense of humor broke through to a generation that other conservatives would have written off. Romney was not effective engaging the new media and didn’t even spend money on ads at, for example, Hulu. President Obama has been all over the old and new media including sites such as Reddit. Certainly there are the younger generation of conservatives that are using the new media and maybe the next candidate will learn a thing or two from them.

    http://www.splendoroftruth.com/curtjester/2012/11/pop-culture-presidency/

  • Its good to face fiscal challemges

  • Kate

    We need to be sure to thank all those Obama voters when people lose jobs, oil production shuts down and prices go up, more corruption in government and we no longer have any money left for essentials. There will be no middle class as all our money will go to those who are on welfare and government aid and the rich will survive by their assets or leaving our country until Obama is gone. A nice bright future for us. Thank you Obama voters. But gee, the bright side is all those social issues that are so freakin’ important, such as abortion, are still going strong. We can all eat those “free” contraception pills the skank Fluke wanted everyone to get. And all those American Jews who voted for Obama can sit and wash their hands as Pilate did as Israel gets mauled by Muslims. And all those Catholics can be so happy when there are no longer any religious rights as Obama has legislated them away. Thank you Obama voters. I’ll never forget what you did to us.

  • Patty

    Obama keeps touting the majority above of his ideas. This majority is Black, Hispanics and some Youth.

    I don’t believe they are doing their homework and the majority of College students cheat.

    I have well known sources who can back me up on this.

    OBAMA THE CHEATER AND CELEB IN CHIEF. Look closer at who supports him and you will see it is NOT America, evidently clear.

    HE HAS CON A NATION OF MORONS.

  • Blacque Jacques Shellacque

    We are fixing it now after Republicans brought it crashing down last time.

    Four years and three-quarters of a trillion dollars later it’s still in the process of being fixed, with a need for another four years?

    What utter incompetence.

  • DMG

    12 million no-show Republicans

    Where did the number 12 million come from?

  • Monkey Wrench

    #41

    Only going back to the rates in effect under Clinton. Times were good and we were running surpluses instead of deficits.

    It seems to me that the Bush tax cuts have been a disaster. We went from surpluses to deficits. Job creation was not that great. Inequality has gotten worse. What is so great about the current rates?

    I think we need to wait until the economy recovers before returning to those rates for everyone.

  • iconoclast

    Bring it on. My accountant is smarter than Hussein and his gang of incompetent affirmative action hires. The only people crucified will the the middle class. Screw them–they voted this pos back into office.

    #LetItBurn

  • Patty

    And with the EPA in his pocket. Watch, in the past it looked bad when a “BUG”, literally, a bug halts possible for good highway projects that when in full swing and now shut down after billion was spent.

    And for your soda, food and health care, YOU THINK THIS IS BAD NOW, wait, YOU ain’t seen nothing yet.

    Hitler had power, so does Obama. He can veto or use Executive Orders at every turn.

    FREE, THAT IS NOW A DINOSAUR

  • Monkey Wrench

    #55

    You think we are a nation of morons? Are you talking about the USA?

  • Patty

    #34 November 9, 2012 at 3:21 pm
    Lanka commented:

    LOL! Four more years muthafakaz! Democrats gained seats in the Senate and the House! GOP will soon be “so small we can drown it in the bathtub.”
    ~~~~~~~~~~~~~

    Go back to communist Russia.

  • Lanka

    Nah, BJS, it just speaks to the incredibly severe destruction that Republican policies wreaked on the economy.

  • HA HA HA HA! HELLO YOU RUBES WHO WANTED FREE STUFF-OUR DEAR LEADER HAS ANTOHER GIFT FOR YOU-TAX HIKES! ON ALL OF US! WHAT? YOU THOUGHT HE’D GIVE YOU SOME SOCIAL JUSTICE FIRST? POOR, SAD, RUBES!YOU WANTED JOBS, EH? WELL YOU’D BEST BRUSH UP ON YOUR MANDARIN BECAUSE THAT’S WHERE THE JOBS ARE GOING ONCE HIS MAJESTY’S REULE ENDS! AFTER ALL YOU DID GIVE HIM HIS “MANDATE”.
    AS THE COACHMAN IN PINNOCHIO SAYS: “YOU’VE HAD YOUR FUN. NOW PAY FOR IT!’

  • Economan

    Our country is in the hands of insanity voted on by the insane.

  • iconoclast

    Go back to communist Russia

    Why should he when he can steal ours? And people either watch passively or even vote the incompetent AA candidates into office, so who really cares?

    Let them enact their policies completely. What will happen is obvious. Just batten down, lay off all unneeded workers (especially the Democrats in your organizations), and wait for sanity to eventually return.

  • Patty

    Over at the Federal Reserve, Chairman Ben Bernanke’s monetary machinations – churning out low
    interest rates and engaging in serial “quantitative easing” – are more proof of a floundering economy.

    President Obama’s machinations have fared no better. His first act – a massive stimulus package, complete with “shovel ready” infrastructure projects – was supposed to jolt the economy and get people back to work.

    Instead, unemployment continued to shoot up and Americans were left with the $830 billion tab. The stimulus failed because government can’t create purchasing power out of thin air. It must first tax it or borrow it out of the private economy, leaving that much less for the private sector to spend.

    Compounding the stimulus debacle was a massive regulatory initiative that crimped business activity. In the last three years, 106 major new regulations have saddled the private sector with additional annual costs estimated to run $46 billion per year, according to research by the Heritage Foundation.

    Like excessive taxation, regulatory excesses harm the economy. They hamstring investment and innovation and siphon off valuable resources that could be used to create jobs or improve wages.

    Lawmakers must change course, reversing the harm inflicted by these big-government policies. Here’s how:

    First, stop Taxmageddon – the massive tax increases coming on Jan. 1, when the Bush-era tax cuts and other tax policies expire and new tax hikes fromObamacare kick in. Blocking scheduled tax hikes on work and capital will help heal business and investment uncertainty and get people back to work. That’s just as true for a middle-income senior with dividend-paying stocks as it is for a wealthy venture capitalist.[……………..]

    http://www.heritage.org/research/commentary/2012/11/to-grow-the-economy-we-must-shrink-president-obamas-big-government

  • Monkey Wrench

    #66

    All companies layoff unneeded workers. What company keeps workers they don’t need?

  • Patty

    Obama argues that the rich need to pay more to “pay their fair share.” You may agree or disagree depending on your ideology. But what should be obvious is that now is not the time to raise taxes—on anyone. When economists place the chance of the United States entering another recession at a non-trivial 20 percent, unemployment is stagnant at 8.2 percent, and the Congressional Budget Office predicts that debt as a share of GDP will double in less than 20 years, it is surprising that any party would support a policy that will slow growth, kill jobs, and ineffectively reduce debt in the long run. Unless, of course, attacking the rich wins votes.

    http://www.usnews.com/debate-club/should-congress-pass-the-senates-tax-plan/tax-hikes-will-slow-growth-kill-jobs–but-wont-reduce-the-debt

  • Lanka

    I hope the GOP keeps it up. I really enjoy this website every time the GOP is slapped down by sane Americans, and by the GOP refusing to change, my future joy is guaranteed.

  • Patty

    O’S LOONEY TUNE MENTALITY.

    The third, punishing-taxes scenario, shows what it would take to get the debt under control — not balance the budget but limit deficits to 3 percent of gross domestic product — through taxes alone. All of the first-scenario changes would be adopted, along with raising the cap on Social Security. Beginning in 2019, all income tax rates would rise by five percentage points, along with a 10-point hike in capital gains taxes. In 2023, an eventual 10 percent national value-added tax would begin.

    Here is the myth-busting bottom line: “Relying on taxes alone to hold long-term deficits at 3 percent of GDP would require phasing in a 60 percent tax increase on the median-income family, raising its annual tax burden by $6,200, in 2012 dollars.”

    And that would be Looney Tunes. Meep meep!

    http://www.washingtonpost.com/opinions/ruth-marcus-raising-taxes-wont-be-enough-to-balance-budget/2012/09/27/c282e810-08cb-11e2-afff-d6c7f20a83bf_story.html

  • Kevin

    Many Obama supporters are tax cheats. So screaming about taxing the rich is really hypocritical. A common tax cheating game to play for instance in Missouri, is these Obama supporters live in large groups in rented housing in Missouri, but their cars are all licensed in Illinois. Illinios does not have personal property taxes. They obviously have friends or kin in Illinios, so they use the Illinios address to get the plates.
    So they get away without paying personal property tax while residing in Missouri. Any neighborhood in Missouri where you have an unusual number of Illinios plates will give this tax cheating scam away. The cops probably don’t do anything about it, as they don’t want the cheaters to scream discrimination. You can bet this scam goes on all over the country where a border state doesn’t have personal property taxes. Texas for instance.

  • Patty

    Go back to communist Russia

    Misinformed and uneducated Voters are now getting what they deserve. You watch what the Messiah does. Thanks, morons.

    #52 November 9, 2012 at 3:48 pm
    Patty commented:

    That’s who American uniformed and beggars of more gov. hand outs voted for.

  • DMG

    This majority is Black, Hispanics and some Youth.

    Sorry, but of voting age Americans, blacks, hispanics and 18 to 24 year olds comprise only about 35%. You’re forgetting that Obama also drew a disproportionate amount of older white woman. Are white women not American, as well?

  • Monkey Wrench

    #71

    The best way to get our deficit under control is to bring down the cost of health care. We pay twice as much as the rest of the world. The costs have been rising faster than GDP for many, many years. It is simply unsustainable. We will all go broke, not just the government, if health care costs are not brought under control.

    Obamacare does not do nearly enough. If our health care costs were inline with the rest of the world, we wouldn’t be worrying about our debt.

  • Blacque Jacques Shellacque

    …it just speaks to the incredibly severe destruction that Republican policies wreaked on the economy.

    Oh? Policies such as what, exactly?

  • David

    He has a clear mandate to raise taxes and give the money to welfare recipients. The republicans should let him to do it to crash the economy. The economy is going to crash anyway so let it be clear to the morons that it was obamas fault

  • Pingback: Barack Obama: America Voted for Tax Hikes | Born Conservative()

  • Freddy

    “So, any guess on the timing of our next recession?”

    We never actually left the last recession. We have been artificially inflating the growth numbers by borrowing and spending. If you remove the government deficit spending from the GDP. we have no growth.

  • Monkey Wrench

    #76

    Deregulation of the financial industry mainly.

  • Blacque Jacques Shellacque

    …so let it be clear to the morons that it was obamas fault…

    Sounds good to me, but the problem is that morons are unlikely to understand cause and effect. Even if the Republicans did what you advocate, they’ll still get the blame when the inevitable crash occurs.

  • Patty

    #75 November 9, 2012 at 4:16 pm
    Monkey Wrench commented:

    President Obama’s machinations have fared no better. His first act – a massive stimulus package, complete with “shovel ready” infrastructure projects – was supposed to jolt the economy and get people back to work.

    Instead, unemployment continued to shoot up and Americans were left with the $830 billion tab. The stimulus failed because government can’t create purchasing power out of thin air. It must first tax it or borrow it out of the private economy, leaving that much less for the private sector to spend.

    Compounding the stimulus debacle was a massive regulatory initiative that crimped business activity. In the last three years, 106 major new regulations have saddled the private sector with additional annual costs estimated to run $46 billion per year, according to research by the Heritage Foundation.

    Like excessive taxation, regulatory excesses harm the economy. They hamstring investment and innovation and siphon off valuable resources that could be used to create jobs or improve wages.

    Lawmakers must change course, reversing the harm inflicted by these big-government policies. Here’s how:

    First, stop Taxmageddon – the massive tax increases coming on Jan. 1, when the Bush-era tax cuts and other tax policies expire and new tax hikes fromObamacare kick in. Blocking scheduled tax hikes on work and capital will help heal business and investment uncertainty and get people back to work. That’s just as true for a middle-income senior with dividend-paying stocks as it is for a wealthy venture capitalist.

    Next, stop and reverse the rising tide of unnecessary red tape. This includes ending the Environmental Protection Agency’s tireless crusade against global warming. It means repealing the new Consumer Financial Protection Bureau, an unaccountable entity with unlimited power over every form of consumer credit, and the “Volker rule” to restrict bank investment – both spawned by the “Dodd-Frank” Wall Street reform law of 2012. And, of course, Obamacare must be repealed.

    These harmful government interventions into what should be private markets have created vast uncertainty for employers, investors, and families.

    EPA regulations, for instance, are highly unlikely to affect global warming, but they will almost certainly cost consumers when they go to buy a car or turn on the lights. They will also likely drive business activity offshore. Dodd-Frank will do little to prevent “too big to fail” financial institutions. But already it’s making it harder to get a mortgage and more expensive to do business with your bank. And Obamacare will likely drive the nation deeper into debt while delivering substandard health care.

    Congress and the president must get serious about putting the nation’s fiscal house in order. Our rapidly mounting debt reflects a spending problem. The answer is not higher taxes. Indeed, the threat of future tax hikes and burgeoning debt is helping hold back growth.

    Finally, entitlement programs must be put on fiscally sound footing and strengthened for future generations. Social Security must be tackled, so it is affordable and – unlike today – protects seniors against living their retirement in poverty. We are living longer, so the retirement age should be gradually increased.

    As for Medicare and Medicaid, rather than have government bureaucrats micromanage half of all health care in America, we should move to a model where the government helps pay for premiums of private insurance. That approach puts patients and doctors in charge of health-care decisions. Bringing these programs under control is vital to reining in spending, so that we can stabilize and ultimately reduce the national debt.

    Excessive federal spending, regulation, and debt only exacerbate our economic woes. To grow the economy, we need to shrink government.

    http://www.heritage.org/research/commentary/2012/11/to-grow-the-economy-we-must-shrink-president-obamas-big-government

    Obama wants to raise taxes on Wealthy to pay for the G-awful Obama care coming.

    Besides taking 718 billion he has already taken from medicare. OBAMA IS ASININE.

  • Patty

    Okay, who here believes that single women, Hispanics and Blacks are paying attention to the taxes going up.

    MOST DON’T PAY THEM.

  • Blacque Jacques Shellacque

    Deregulation of the financial industry mainly.

    What the hell are you talking about? I don’t recall the SEC having been abolished. Why is their website still up and running?

  • Monkey Wrench

    #81

    In case you don’t remember, the crash occurred in 2008. We were days away from ATM’s not working. The entire economy was on the brink of collapse. We could have gone into another Great Depression. We were very, very close.

  • Pingback: GoodBoys Nation - Archives » Signs And Portents()

  • Blacque Jacques Shellacque

    There’s also a House Banking Committee, and a Senate Banking Committee.

    Combined with the SEC, how is the financial industry “deregulated”?

  • Mike

    Over. Done. I don’t feel that I owe this country a damned thing anymore

  • Monkey Wrench

    #84

    All regulations were not removed. But many important restrictions placed on banks and financial institutions after the Great Depression were removed. That’s why we had to bail them out. They almost destroyed the entire economy.

  • David

    To no 89; affordable liberal housing policies crashed the economy

  • Blacque Jacques Shellacque

    But many important restrictions placed on banks and financial institutions after the Great Depression were removed.

    Do you think you can manage to elaborate instead of reading leftist talking points off a piece of paper?

  • Cee

    Tax hikes – In the matter of fairness, everyone needs to pay some tax on ALL of their income, including welfare, the value of food stamps and medicaid. Until everyone has a vested interest in taxes paid will there ever be any movement on the use of those taxes.

  • Monkey Wrench

    #90

    That is simply not true. For one thing, no one was required to loan money to people who could not pay it back. Secondly, remember liar loans? Those were not mandated by anyone. Third, Republicans controlled Congress from the mid 1990’s right through 2007.

    The banks and Wall Street gorged themselves making risky loans and creating wild financial instruments like CDO’s and CDS’s until the whole thing collapsed. They knew they were too big to fail and so we had to bail them out.

    Everyone bought homes they couldn’t afford, not just poor people.

  • David

    Wrong. The USA is the only country in the world with Freddie Mac and Fannie Mae. There has not been a crash like this anywhere else in the world. If I was a bank, I would make unlimited loans if I knew the government was guaranteeing them

  • Monkey Wrench

    #91

    During the Great Depression Congress passed the Banking Act of 1932 (might have been 1933). The financial industry collapsed then, just as it did in 2008. So many restrictions were put in place. The FDIC was created, etc. One of the main restrictions was to prohibit comercial banks from engaging in speculation. They were mostly limited to taking deposits and making loans for homes, cars… Banks never liked these restrictions and they were mostly removed in the late 1990’s. The effort was spearheaded by Phil Graham. Clinton signed the legislation so both parties are to blame.

    Now we know why the restrictions were put in place.

    Stop with the whole talking points nonsense. I don’t think there are any talking points on this topic. Dems and Repubs all bow down to Wall Street and the financial industry. They buy and sell politicians of both parties.

  • Monkey Wrench

    #94

    You might want to do some research. There was a major crash in Europe. Much of it involved a housing bubble. Freddy and fanny were not blameless, but they were hardly the main culprits. And they were late to get in the game.

    The banks were making unlimited/unsecured loans. They knew the government would bail them out because they knew they were too big to fail. They were right which is why we did have to bail them out.

  • radioone

    Boehner will cave to Obama. The Tea Party members in the House will be against it. Boehner and the other RINO’s will join with the Democrats and pass whatever Obama wants.

  • Patty

    This majority Obamai is speaking of is who, you ask?

    Well, I do believe that is the poor, Hispanics, Black and Single women. And during the election Obama never spoke specifics on Economy, Health care, Foreign policy. He choose to ignore his Failure in Green Projects, Benghazi.

    He abused Women by telling Women Republicans have a war on them. He used the youth on Radio, Pimp with a Limb and Jay Z. Hip Hop Politician with a PopCulture Attitude. The eye candy and man who will continue to give them stuff. Oh, the women swooning over him. Especially, when he rolled up his sleeves. Wow, some majority.

    He attacked his Opponent, said he killed people and he took from us to give to China. Lies upon lies and so this Majority that he speaks of, well, doesn’t it make us feel a bit bad when he has lump us into a bunch of takers. It does me.

    And it is proven that now, less jobs and more layoffs are coming because of his “Affordable” health care act. Now, it is official law of the land. He is going to do whatever
    he can to pay for this monstrosity.

    That means raising taxes, cut the military, have secret talks with Iran, Missile Defense system cuts and of course now Petraeus Steps Down as CIA Chief.

    I see a pattern emerging and it isn’t pretty, our taxes are going up, government now has more power and we this majority? Become the minority. We become hooked on whatever Obama is selling.

  • Lily

    If its time to raise taxes, its time to raise taxes on EVERYBODY. If they voted for tax hikes, the taxes should be raised on all Americans.

  • Patty

    Obama To Wealthy Americans: Read My Lips, I WILL Raise Your Taxes! [“Majority Agree W/My Approach”]

    Obama To Wealthy Americans: Read My Lips, I WILL Raise Your Taxes! By TOBY HARNDEN 9 November 2012 President Barack Obama has thrown down to gauntlet to Republican leaders, inviting them to the White House next week to discuss the so-called fiscal cliff but insisting any compromise will include higher taxes on the rich. A crisis is looming at the end of the year is agreement cannot be reached on how to avoid falling over the cliff – a scheduled combination of tax increases and spending cuts due at the end of this year. ‘We can’t just cut our way…

    http://www.dailymail.co.uk/news/article-2230683/Obama-wealthy-Americans-Read-lips-I-WILL-raise-taxes.html

  • Katie

    They did, huh? I’m going to guess somehow along the way they don’t know that. Or they did, and managed to somehow not believe it, or were in denial.

    And now although they really don’t want higher taxes, and worry about their cash flow and future now, they’ll rise above it in the land of butterlies and unicorn’s and say they don’t mind doing their share and ‘helping others’. (I actually have experience hearing this)

    For those who voted for him and are actually outraged and shocked after they get the sticker shock — you voted for him, you and other’s like you get to hold that bag.

  • Dianne

    It’s also time to have a law that states that the SEIU or any other UNION is NOT ALLOWED to service machines used in the voting process. I have a sneaky suspicion that the real vote was MUCH different than what was really recorded. 🙁

  • Blacque Jacques Shellacque

    One of the main restrictions was to prohibit comercial banks from engaging in speculation. They were mostly limited to taking deposits and making loans for homes, cars…

    How do you explain Wachovia, or Washington Mutual? No speculation there, they just made risky home loans. How exactly did regulation help there?

    Banks never liked these restrictions and they were mostly removed in the late 1990′s.

    Are you referring to Glass-Steagall? The fact is that only two provisions of Glass-Steagall (Sec 20 and 32) were repealed; the rest of Glass-Steagall still applies to insured banks.

    But this brings up an important question: Remember Bear Stearns, Merrill, and Lehman? They were investment banks that never got into commercial banking, so Glass-Steagall didn’t apply there. But, they were at the center of the crisis; how exactly would Glass-Steagall have stopped them from doing what they did?

    Stop with the whole talking points nonsense.

    There’s simply no other explanation to the manner in which you’re conducting your part of the debate.

  • Minky Wench

    Let. It. Burn.

  • Patty

    part of this “majority”???

    Why Hispanics Don’t Vote for Republicans

    And a strong reason for that support for big government is that so many Hispanics use government programs. U.S.-born Hispanic households in California use welfare programs at twice the rate of native-born non-Hispanic households. And that is because nearly one-quarter of all Hispanics are poor in California, compared to a little over one-tenth of non-Hispanics. Nearly seven in ten poor children in the state are Hispanic, and one in three Hispanic children is poor, compared to less than one in six non-Hispanic children. One can see that disparity in classrooms across the state, which are chock full of social workers and teachers’ aides trying to boost Hispanic educational performance.

    The idea of the “social issues” Hispanic voter is also a mirage. A majority of Hispanics now support gay marriage, a Pew Research Center poll from last month found. The Hispanic out-of-wedlock birth rate is 53 percent, about twice that of whites.

    The demographic changes set into motion by official and de facto immigration policy favoring low-skilled over high-skilled immigrants mean that a Republican party that purports to stand for small government and free markets faces an uncertain future.

    http://www.nationalreview.com/corner/332916/why-hispanics-dont-vote-republicans-heather-mac-donald

  • bg

    ++

    November 9, 2012

    The Mass Firings Begin

    Obama was “fired up” and so were the voters, and so now, the mass firings
    begin. Here’s a collection of today’s headlines. Please say a prayer for the
    families who will be suffering. Had Romney won, many of these companies
    would now be hiring.

    Teco Coal officials announce layoffs

    Momentive Inc plans temporary layoffs for 150

    Wilkes-Barre officials to announce mandatory layoffs

    600 layoffs at Groupon

    More layoffs announced at Aniston Weapons Incinerator

    Murray Energy confirms 150 layoffs at 3 subsidiaries

    130 laid off in Minnesota dairy plant closure

    Stanford brake plant to lay off 75

    Turbocare, Oce to lay off more than 220 workers

    ATI plans to lay off 172 workers in North Richland Hills

    SpaceX claims its first victims as Rocketdyne lays off 100

    Providence Journal lays off 23 full-time employees

    CVPH lays off 17

    New Energy lays off 40 employees

    102 Utah miners laid off because of ‘war on coal’, company says

    US Cellular drops Chicago, cuts 640 jobs

    Career Education to cut 900 jobs, close 23 campuses

    Vestas to cut 3,000 more jobs

    First Energy to cut 400 jobs by 2016

    Mine owner blames Obama for layoffs (54 fired last night)

    Canceled program costs 115 jobs at Ohio air base

    AMD trims Austin workforce – 400 jobs slashed

    100 workers lose jobs as Caterpillar closes plant in Minnesota

    Exide to lay off 150 workers

    TE Connectivity to close Guilford plant, lay off 620

    More Layoffs for Major Wind Company (3,000 jobs cut)

    Cigna to lay off 1,300 workers worldwide

    Ameridose to lay off hundreds of workers

    ==

  • Patty

    There Will Be Amnesty, Folks

    BEGIN TRANSCRIPT RUSH: I will repeat the EIB amnesty program, as announced in the first hour of this program today. ‘Cause I see where the trend is going. I see where we’re headed. I see that amnesty’s heading this way. It’s gonna happen, folks. You know, losing elections has consequences. There will be amnesty in this country. When you hear the phrase “comprehensive immigration reform,” that’s what it means. Amnesty for whoever is here. And it’s gonna be blanket, and it’s gonna be pretty quick. That’s where we’re headed. So I want to get in the game. I want to…

    http://www.rushlimbaugh.com/daily/2012/11/09/there_will_be_amnesty_folks

  • Patty

    That’s how they sell it. “Why, these people have been here for years. They’re good, decent people, exactly the kind of people we need in this country. It’s a country built on immigration.” You’ve heard the stories. “We can’t be exclusive like this. We need to be inclusive. If somebody wants to come to our country and improve their life, how can we say no? I’m not gonna shut my country out to somebody who wants to come here and improve their life.

    “If they are living like slaves anywhere on this planet and my country can make them free, fine. I will not stand in the way.” That’s where we’re headed. Fine. Okay. We’re good people, and we’re gonna grant amnesty, but you can’t vote for 25 years. Let’s see how much support that gets. I’m serious. Folks, I’m dead serious. I will support amnesty for any and all illegals if, as part of the deal, they can’t vote for 25 years. What kind of support do you think that will get?

    None.

    None!

    And when it gets no support, that ought to tell you something. Because the proposal is only illustrative. I make the proposal for a simple reason: To teach, to illustrate. And we know what the answer would be.

    http://www.rushlimbaugh.com/daily/2012/11/09/there_will_be_amnesty_folks

  • Monkey Wrench

    #103

    Nobody cares if Wakovia or WM failed. They were not big enough to bring down the world economy.

    Let me ask you a big picture question. Do you honestly believe that the world economy was brought to the brink of collapse because some “liberals” forced banks to give home loans to poor people? Is that your understanding of what happened?

  • Swifty

    Balance can only be achieved by offsetting the previous four years. Coming up with a new balance is based on moving the goal posts now.

  • americans that don’t pay taxes voyed for tax increases.

  • YourMaster

    tax hikes or fiscal cliff…
    …let’s see, I say let 0bama take us over the fiscal cliff…
    give him the option of extending the bush tax cuts or fiscal cliff.
    then make him choose and say your the president – you and your party own it.

    he’ll either
    a) have to cave again and extend the bush tax cuts out of the fear the fiscal cliff will ruin him and the democrat party.
    b) let them expire (that means the middle and poor get the brunt of the tax hikes) …the wealthy will move out and unemployment will go up to like 20% ….and when the government checks it’s tax revenue coffers they will find they are getting less and less and less… every year they keep the tax hikes in place.

    ….happened in Maryland when they tried to raise taxes thought they’d get a net increase of 3 or 4 billion as I remember… but the outcome was a net loss of -4 billion or -5 billion after just two years of tax hikes…

    ….which sent the state of maryland into bankruptcy …and caused the libs to panic and repeal it cuz no revenue generation was coming into the state as more and more people moved out of it. *lol* liberalism at it’s finest… and they gonna try it in CA now too… same idea, same results.

  • David

    Conservatives don’t understand they will never appeal to Hispanics because they have an average iq of 85. Those people with a low iq will always steer towards welfare and are easily led by axelrod propaganda. There is no point in trying to prop up blacks and Hispanics because they will never succeed as much as white people….instead they should understand they are a source of labor and that’s it

  • dw dude

    so make the people who voted for tax hikes pay for them. utter crap. time to go off the system…

  • Yes, this is how it works, 51% of the country votes for tax hikes on the other 49% so they can put it in their pockets. In an objective world, this is called theft.

  • Stan Lee

    I’m sorry but what idiot claims a mandate from the American people with just over 50% of the vote? He’s still delusional I guess.

  • Pingback: Barack Obama: America Voted for Tax Hikes « U.S. Constitutional Free Press()

  • barb

    do most of you commenters make over $250,000 ? because that is who President Obama is talking about raising taxes on (by about 4%).

  • Miss Peach

    Oh yes…all you sheeple who voted for Obama. When he said America voted to raise taxes, he meant everyone, not just the people who make over $ 250,000.00 and the rich. He lied to you, suckers. Soon you will see just how much all these new taxes are going to affect you…and once again, the lower and middle class will bear the brunt of it. Don’t say we didn’t try and warn you. Now you will get what you deserve except all the rest of us who did not vote for Obama will be paying too. Thanks for nothing, idiots !

  • UpChuck.Liberals

    He’d tax his people but they’re the leaches, not the producers. Let’s tax Barry and Moochelle 110% of their assists so they can really care for their people.

  • Blacque Jacques Shellacque

    Nobody cares if Wakovia or WM failed. They were not big enough to bring down the world economy.

    That wasn’t the point I was attempting to make. The point is, what happened to that vaunted regulation that you seem to think is the catch-all solution? Wachovia and WaMu were regulated, and yet they still went down the tubes, just like the investment bank big boys.

    Do you honestly believe that the world economy was brought to the brink of collapse because some “liberals” forced banks to give home loans to poor people?

    Not the sole cause, but a good part that got the ball rolling. Take away subprime mortgages and there certainly would have been no subprime mortgage crisis. Additionally, the housing bubble might not have inflated as quickly, or maybe even not developed at all had an artificial demand spurred by the availability of subprime loans not occurred.

    The big mistake was the government pushing home ownership for those that didn’t have the resources that qualified them for the traditional home purchase process, and twisting the arms of commercial banks into provdiing subprime loans courtesy of the 1991 changes to the CRA.

    As always, it’s government meddling that ends up either creating a bad situation, or making a bad situation even worse.

  • Robert

    Well I’m certainly late to this party, but I say tax ’em. Go ahead, tax the wealthy.

    Tax the rich, feed the poor, till there are no rich no more…

    As long as all the movie stars and athletes pay more like the Wall Streeters and bankers, suits me fine. Let them see what happens with all their money. Should be an education for them all.

  • bg

    ++

    “he’s a joke”

    Blacks/Afro-Americans for Mitt Romney
    via Black Conservative Political Action

    ==

  • Monkey Wrench

    #121

    Who is repeating talking points now? Blaming the Community Reinvestment Act and Fanny and Freddy lending goals is a Republican talking point. Very little evidence to support it. Subprime mortgages only made up about $1.5T at its peak. That is out of a $11T mortgage market and total credit market debt of over $50T. And it was non-bank lenders that led the way for subprime mortgages, not the GSA’s. The GSA’s were late to the subprime game and their subprime loans outperformed the non-bank lenders.

    There is no catch all answer to explain the financial crisis of 2007. When the world economy is brought to the bring of collapse, obviously there are multiple causes. For example, the shadow banking system which went almost entirely unregulated. Securitization of loans where mortgages were bundled into CDO’s and sold, reducing the incentive to be prudent. Rating agencies, mark-to-market accounting, Off balance sheet finance, excessive leverage where banks were allowed to leverage their loans at insane levels. The list goes on.

    There were numerous causes and Congress should have intervened to prevent the crisis.

  • ogee

    America didn’t vote for tax hikes or obamaramadingdong. TV called it for obama long before most of the votes were in and counted.

    Obamaramadingdong himself votes for taxhikes.

    He stole this freakin election by having the TV pundits call it for him way before votes were even counted. Left coast didn’t have their votes count-The election was called for Obamaramadingdong and shut down way before left coast even began to count the ballots.

    Obamaramadingdong was christened president. Is this what we want?

    We don’t have elections. It’s all a fantasy. We have a person SELF APPOINTED AS PRESIDENT.

    Quit saying he won. He didn’t win chit. Check out Bev Harris’s recent comments about this. Why did TV call it for obamaramadingdong with ONLY 1% of the votes counted? They were likely threatened with murder and job loss.

    I miss Andrew Brietbart.

  • Blacque Jacques Shellacque

    Blaming the Community Reinvestment Act and Fanny and Freddy lending goals is a Republican talking point.

    What is a fact is that Fannie Mae and Freddie Mac were seized by the feds. By that time they were the ones that were buying up much of the subprime loans that were being written up.

    Isn’t that an indication of a big problem, or do you think that an action like that is just for fun? And do you think that a bank should have their arm twisted into giving loans to people with less-than-stellar credit? Because that’s what the changes to the CRA in ’91 resulted in.

    The GSA’s were late to the subprime game and their subprime loans outperformed the non-bank lenders.

    As I already said, they were seized by the feds. Why would there be a need to take control of a GSE whose loan portfolios were “outperforming” others?

    There is no catch all answer to explain the financial crisis of 2007.

    You can try to wave away all I’ve posted, but the basic fact is that the root cause is government meddling.

    Securitization of loans where mortgages were bundled into CDO’s and sold, reducing the incentive to be prudent.

    What are you talking about? The process of securitization and CDO bundling in and of itself doesn’t “reduce the incentive to be prudent”. What did that is a GSE that saw itself in competition with private-label securitizers. As a result, the underwriting standards fell by the wayside as the GSEs tried to regain market share, since there were private shareholders to keep happy. Remember “liar loans” or “no doc” loans? I do.

    There were numerous causes and Congress should have intervened to prevent the crisis.

    I now point to this, from 1999:

    In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

    The action, which will begin as a pilot program involving 24 banks in 15 markets — including the New York metropolitan region — will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans.

    Easing credit requirements. How “prudent” is that?

    And then this, from 2003, before the financial crisis appeared: New Agency Proposed to Oversee Freddie Mac and Fannie Mae

    From the article:

    The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

    Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

    The new agency would have the authority, which now rests with Congress, to set one of the two capital-reserve requirements for the companies. It would exercise authority over any new lines of business. And it would determine whether the two are adequately managing the risks of their ballooning portfolios.

    The plan is an acknowledgment by the administration that oversight of Fannie Mae and Freddie Mac — which together have issued more than $1.5 trillion in outstanding debt — is broken. A report by outside investigators in July concluded that Freddie Mac manipulated its accounting to mislead investors, and critics have said Fannie Mae does not adequately hedge against rising interest rates.

    Wait, it gets better:

    ”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

    Translation: Bush sees the danger, proposes the creation of a regulatory body to oversee the GSEs, and Barney Frank and Mel Watt, both members of the House Banking Committee, end up largely torpedoing the effort.

    Liberals have a lot to answer for. The problem is that none of them have any shame or any sense of guilt. Much of the thanks for that should go to their propaganda arm, the mainstream media.

  • MarkJ

    18,

    “Clinton got lucky with the internet boom, only thing that would save Obama is the Pot boom.”

    Well, hey, we all know that President Choom Boy knows a LOT about Pot. 😉

  • [email protected]

    Boehner, it’s your turn at bat!

  • charles darwin

    The next recession starts when the intransigent GOP once again fails to get any deal done. The reason this won’t get done is actually comical–it is because of their pledge to an unelected LOBBYIST, Grover Norquist, that they will never under any circumstances raise taxes on anyone. GOP=Politics first and Country last. Gateway Pundit=Where Dopes Keep Coming Back

  • Blacque Jacques Shellacque

    …that they will never under any circumstances raise taxes on anyone.

    It’s not a revenue problem, it’s a spending problem. Is that too hard for you to understand?

  • Pingback: Obama On The Fiscal Cliff: « Tai-Chi Policy()