Democrats keep conceding on all their so-called deal-breaker issues and keep giving the GOP everything they want in this fake "fiscal cliff crisis."
President Obama said he wouldn't accept any fiscal cliff deal that didn't raise taxes on families making more than $250,000.
Republicans balked at that level, so Dems raised that threshold to $400,000
But that wasn't good enough for Republicans either, so now Dems have agreed to raise taxes only on people making more than $450,000.
But that still isn't good enough for Republicans.
The Washington Post reports they are holding out for a $550,000 threshold, and since Dems have conceded on almost every other point, Republicans think they can get it.
In addition, Dems were demanding estate taxes go up from their low levels, but Republicans have fought that and the Post reports the following:
Democrats also relented on the politically sensitive issue of the estate tax, according to a detailed account of the Democratic offer obtained by The Washington Post. They promised instead to hold a vote in the Senate that would guarantee that taxes on inherited estates remain at their current low levels, a key GOP demand.
One point Dems have so far held their ground is on Social Security - but only because they plan to use Social Security cuts as a future bargaining chip.
Republicans want to change the way inflation increases are calculated so that Social Security recipients will get less money each year - this way, there will be more money for tax cuts for rich people.
President Obama is a big fan of this change as well, having made the offer as part of the Grand Bargain he tried to make with John Boehner a few years ago as well as part of the Grander Bargain he tried to make with Boehner a few weeks ago.
But Senate Dems fought changing that calculation in this part of the fiscal cliff negotiation and Republicans dropped the demand, realizing that fighting to cut Social Security while simultaneously fighting tax increases on rich people wasn't a winning political strategy.
Don't worry GOPers - according to the Washington Post, the president and his merry men and women plan to give you those cuts to Social Security in short order:
Obama had offered to include chained CPI in the big deficit-reduction package he had been negotiating with House Speaker John A. Boehner (R-Ohio) earlier this month. Obama endorsed the idea again Sunday, in an interview on NBC’s “Meet the Press,” calling it a tough decision he was willing to make “in pursuit of strengthening Social Security for the long term.”
But many Democrats say they would go along with the idea only as part of a far-reaching deal that also included at least $1.2 trillion in new tax revenue over the next decade. The deal under discussion Sunday would raise far less than that, somewhere between $600 billion and $800 billion.
“Chained CPI should be part of the larger discussion about the future of Social Security,” said Sen. Richard J. Durbin (D-Ill.), “not just a casual bargaining chip here at the last minute.”
So Obama and the Dems plan a sell-out on Social Security and they, like Republicans, want to make sure older people live on generic dog food and food pantry offerings - they just want to get more from Republicans in the bargain.
Where are all those liberals and progressives, the ones who said they would hold Obama to his alleged progressive principles after his re-election, the ones who said Romney would be an "unthinkable" alternative to Obama?
They are effectively silent as Obama and the Dems concede on every major point and get ready to sell out working and middle class Americans so that the wealthy and the corporations - the 1% - can continue to rape and pillage the rest of us.
So far, Obama has cut food stamps in order to fund his Race to the Top education reforms, is going to force Americans without health care to buy shitty private insurance, is looking to cut Social Security and Medicare, and has promoted public school privatization.
In the foreign affairs sphere, Obama murders innocents every month in drone bombs strikes - including children just like the ones killed in that awful Sandy Hook shooting earlier in the month.
He has a "kill list" and has declared he can murder any American at any time for any reason if the government suspects - just suspects - that person is guilty of terrorism.
He has extended warrantless wiretapping and expanded the state surveillance apparatus in the name of "keeping us safe," and has condoned the torture of Bradley Manning after declaring publicly that Manning is guilty of a crime the government hadn't yet tried him for.
And let's not forget how Obama's DOJ and DHS helped coordinate the Occupy Wall Street crackdowns all across the country.
I get the part about Romney being a horrific president.
But considering his record in both domestic and foreign affairs, Barack Obama is pretty horrific too.
Oh well - thank God we got him re-elected instead of that "unthinkable" alternative.
We'll make sure we hold him accountable to his campaign promises and alleged progressive principles, won't we?
Obama's betrayal is much more horrific than the horrific Republican alternative, Romney. Obama is disgusting because his talk is persuasive to so many people, but his actions are completely inconsistent with hid rhetoric. I think that Obama is a very sick, pathological leader because he is unprincipled and completely selfish.ReplyDelete
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