Monday, July 25, 2011

Obama: Master Negotiator

This is the take it or leave it deal President Barack Obama is offering Republicans.

The White House is squarely backing a proposal by Majority Leader Harry Reid (D-NV) that would raise the debt limit through 2012 while making $2.7 trillion in spending cuts -- and providing no tax revenue.

The onus is now on Republicans to sign onto Reid's deal or continue to test the financial markets' stability as the clock runs down on the Aug. 2 deadline to raise the nation's borrowing limit or face default.

John Boehner offered Obama a $2 trillion deal with (don't laugh) that Republicans would down the road vote for tax increases. Obama took the deal. Boehner couldn't get his caucus to agree on sticking Obama on tax increases down the road. Any talk of raising taxes, even under a bargaining lie, was toxic to tea party Republicans. In the end: Obama negotiated a deal that gave Boehner more than what he asked for.

I'm sorry, but I have a hard time taking Obama seriously.

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At July 26, 2011 3:28 PM , Anonymous tas said...

I remember when liberals flipped their shit after the Bush administration attempted to even sniff Social Security changes. But with Obama, we're stuck between those who see reality, and whose who insist that we need to do anything for Obama because he's a motherfucking super genius. If Obama engineers huge entitlement cuts, I almost hope the most extreme possible Republican gets wins the 2012 election -- might be the only thing that snaps some reality into voters but 2014.

For now, with Black Reagan kowtowing to extremist Republicans, we're just fucked.

At July 26, 2011 3:43 PM , Blogger Michael Hussey said...

You sure you want to go with "black Reagan"?


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