Leading Economist Morici: Obama Has “Put a Pistol to the Head of the Middle Class” (Video)

Economist Peter Morici had this to say this morning about Obama’s fiscal cliff negotiating tactics:

The president, by being so persistent that it’s my way or the highway, no spending cuts, taxes on folks over $250,000 or nothing, has basically put a pistol to the head of the middle class. It’s threatened them with financial extortion if he doesn’t get his way to satisfy the populist wing of the Democratic Party.”

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  • Gerhardt Minterholt

    Yet another “waterloo” for Obama. yaaaaaaaaaaaaaaaawn

  • Bigkahuna

    Time to turn that gun around. He is killing this country

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  • JoyO

    Morici is telling the truth — too bad we have so many low information Americans whom our Pravda MSM can fool with their propaganda for the Progressives.

  • Kate

    I hope all those who voted for Obama are happy. Of course, the fact that they did shows they are dumb as dirt and probably don’t grasp the obvious.

  • http://! l.barney

    I posted a comment three times where is it?

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  • http://none tommy mc donnell

    “populist wing,” could that mean like communist?

  • Granny

    I.barney – Gateway Pundit uses a banned words filter (as do most websites where comments are allowed.) If you posted a comment that included one or more of those banned words it will not post, no matter how many times you try.

  • http://! l.barney

    This man is right, too bad Mitt Romney wasn’t more forceful about it. everyone in my work except for one other person love O. They say that everyone has been getting food stamps, and since many of us are on disability, they say not all disabilities are visible when i point out the high number of people now receiving benefits. He is a DICTATOR pure and simple.

  • http://! l.barney

    Thank you granny, I finally posted, but what are ‘banned words” here we say all sorts of off color remarks about King O.

  • shadow

    “The president, by being so persistent that it’s my way or the highway, no spending cuts, taxes on folks over $250,000 or nothing,”

    Only, that is not what Obama said. Although … I truly can’t imagine someone saying something that is not true on Fox News.

  • Granny

    #11 – l.Barney –

    Obviously I cannot type a list of the banned words because then my post wouldn’t post either LOL. However, next time you can’t post, take a careful look at the words you’ve used.

    Off color remarks that don’t run into the banned words filter do post, though now and again you will see one magically disappear if it has gotten too off-color, contains something that makes us all look like lunatics or something that might bring the internet police around for a visit.

  • shadow

    I hope all those who voted for Obama are happy.

    Very! Thanks for caring.

  • Limousine Barry

    I say put a pistol to the middle class, pull the trigger and toss them into the ovens. We don’t need the middle class!

    We need Hollywood talking Heads, Michael Moor, Ophra Windbag, George Looney, George Soros and John F. Kerry’s rich wife!

    Let me be perfectly clear, they “lost” and I say screw’em! Barney Frank them in the tail pipe!

    My limousine is leaking oil and Bill Ayers is in the back seat. We need to perfect Rules for Radical Left-wing Politicians. I may suck but I will make the Middle Class Bankrupt! Good day.

  • Gerhardt Minterholt

    “Hats Off to the President; He Won”
    ~Lindsey Graham

  • shadow

    contains something that makes us all look like lunatics

    Considering what has been allowed to remain, I can’t even imagine what that might look like.

  • http://! l.barney

    Thanks again, Granny and Happy New Year! The last thing i need is internet police on my tail. I hope O doesn’t create an “internet czar”! Shudder.

  • Mike

    Oh, but this happened on Fox News, so I guess Morici’s opinion doesn’t count — at least according to the standards of the left.

  • pagar

    “at least according to the standards of the left.”

    The left has standards? Who knew?

  • Economan

    In my opinion, the gun is pointed at everyone. Especially the poor who will have to eat the taxes that the rich pass on to them as well as the results of inflation which will reach into their savings. Too bad for them that they’re too ignorant to know that Obama might be filling their pocket with freebies but taking money out of their other pocket.

  • Robert

    #17 shadow

    Lunatic is not caring about $16 Trillion deficit, going to $29T and beyond.

    It will not and cannot be solved by “making the rich pay their fair share”.

    Nor will it be solved by growing the economy or eliminating corporate deductions. Besides, those approached should be implemented FIRST, then spend your monies if you must.

  • Blacque Jacques Shellacque

    Economist Peter Morici had this to say this morning about Obama’s fiscal cliff negotiating tactics:

    All the ruling class needs to do is to feed the public – and especially the low-information voters – their fix of Survivor or American Idol and all will be well…

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  • Freddy

    Somehow, I still do not see how Obama can claim anything but a terrible LOSS if he lets these tax cuts expire. The House has passed a bill to extend them all, IF Obama allows the Democratic Senate to NEVER vote to extend all the tax cuts, then this pox is going to be on ALL of the Democrats.

    My favorite line of the day was Obama saying how he will be demanding tax cuts for the middle class in January if his ‘my way or the high way’ deal falls through.

    Think about that for just a bit longer than the silly pundits do. Obama demanding TAX CUTS for the sake of the ECONOMY! As everyone has said about Beohner’s plan b, Obama is going to be running around ADMITTING that Reaganomics works! All the Republicans need to do, after watching him rant and rave (hopefully right through the State of the Union), is to put forth a bill to return to the Reagan tax rates that were proven to expand the economy in the 1980’s!!!

  • AnnaS

    Freddy, his next move is to come out later in January to say he “can’t let the middle class suffer” and will give lil ole them a big ole tax cut. Voila, his ratings go even higher than they are on Rasmussen today! We are screwed! I might say worse I Barney, but the Internet police you know…..

  • AnnaS

    #23, is there anything more insipid than Survivor or American Idol? What LD ‘s are Americans to watch such? Or how about Dancing with the Stars? Gag me with a spoon!

  • robyn

    Make all the deadbeats who voted for Obama that don’t pay a dime for where they live, what they eat, their Obamaphones, and their free medical care start paying their fair share. I am already working 2.5 days a week so they can live like kings and queens – got 2 of them hanging on me like leeches. Can’t stand them. They will not suffer one bit from anything he does – their are 2 kinds of Obama voters – the deadbeats and the super rich and higher taxes doesn’t hurt either one.

  • Miss Terr

    After drooling over Obama’s coronation, here’s what it’s like to be a media personality left with zero credibility: http://bit.ly/1sQo9FU