Tag Archives: Fiscal Cliff

The Fiscal Cliff: “Republicans ought to simply walk away.”

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I don’t always agree with Charles Krauthammer.  But this time I most certainly agree.  As I wrote on Wednesday, let’s just drive off the Fiscal Cliff:

The so-called “Fiscal Cliff” is looming.

I say: let’s give the Demorats everything they want.  Whatever they want.  Raise taxes, tax raises, a few piddly cuts, and raise taxes.  Kill the Bush Tax Cuts.

Then raise the debt ceiling.

Come January 2nd, something will have to be actually OWNED.

To the GOP: just stand back.  Let it happen.

The transcript:

It’s not just a bad deal, this is really an insulting deal. What Geithner offered, what you showed on the screen, Robert E. Lee was offered easier terms at Appomattox, and he lost the Civil War. The Democrats won by 3% of the vote and they did not hold the House, Republicans won the house. So this is not exactly unconditional surrender, but that is what the administration is asking of the Republicans.

This idea — there are not only no cuts in this, there’s an increase in spending with a new stimulus. I mean, this is almost unheard of. What do they expect? They obviously expect the Republicans will cave on everything. I think the Republicans ought to simply walk away. The president is the president. He’s the leader. They are demanding that the Republicans explain all the cuts that they want to make.

We had that movie a year-and-a-half ago where Paul Ryan presented a budget, a serious real budget with real cuts. Obama was supposed to gave speech where he would respond with a counter offer. And what did he do? He gave a speech where he had Ryan sitting in the front row. He called the Ryan proposal un-American, insulted him, offered nothing, and ran on Mediscare in the next 18 months.

And they expect the Republicans are going to do this again? The Republicans are going to walk on this. And I think they have leverage. Yes, for Congressional Democrats it will help them in the future if Republicans absorb the blame because we will have a recession. But Obama is not running again unlike the Congressional Democrats. He’s going to have a recession, 9% unemployment, 2 million more unemployed, and a second term that’s going to be a ruin. That is not a good proposition if you are Barack Obama.

Short answer: YES.  The Demorats completely expect the Republicans to cave again.

As I have said for, now, decades, to all my current and former supervisors, managers and troops:

The best predictor of future performance or — lack thereof — is past behavior.

Charles Krauthammer indicates what the Republicans should do.

But will they?

BZ

 

 

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I say: let’s just drive off the Fiscal Cliff

Posted on by

The so-called “Fiscal Cliff” is looming.

I say: let’s give the Demorats everything they want.  Whatever they want.  Raise taxes, tax raises, a few piddly cuts, and raise taxes.  Kill the Bush Tax Cuts.

Then raise the debt ceiling.

We’re going to tank.  There is no dispute to those four words.  We’re going to tank.

Look at my state.  Look at Fornicalia.  I absolutely love and worship the general topography of Fornicalia.  I love its mountains — where I live.  I love its coasts.  I love its forests.  I love its climate.  And I hate the topography of Texas.  I hate its flat nature.  I hate its heat.  I hate its coasts.  I hate its humidity.  It has no forests.  It has no mountains.  I hate its humidity.  Did I mention that I hate its humidity?  I hate its susceptibility to hurricanes.  Did I mention that I hate its humidity?

But I love its state philosophy.

There are those who believe that not only income should be taxed, but overall wealth.  And if that wealth is not made plain, then literal confiscation of actual property should result.  Jill Stein of the Green Party thinks this is a great idea.  A presidential candidate who was arrested in Texas due to Keystone Pipeline protests.  Right.  An attempt to make the US energy independent.  Stein: you are a complete loser.

Marc Lamont Hill, PhD, thinks that wealth taxation and subsequent confiscation is also a good idea.  He believes that trust funds should be taxed, your net worth should be taxed — in addition to whatever level to which your other taxes rise — and that France has the right idea in terms of taxation.  Despite the fact that any number of wealthy French residents have decided to let their feet do their voting.

Under Dr Lamont’s structure, the government would have to physically make some kind of assessment as to the wealth of an individual or an estate.  The value of furniture.  The value of paintings.  The value of architecture.  The value of homes.  The value of persons employed.  The number of cars owned, the number of bank accounts, wives, ex-wives, husbands, ex-husbands, number of trees, length of driveway, number of doors in a home.

If you don’t or can’t comply: the confiscation of your wealth physically and literally.

Fornicalia is going to tank.  The federal government is going to tank.  No one ever considers, in history, how excessive government managed to kill Rome.

In response I say: let it be so.  To the Republicans: let it go.

Let the Demorats have everything they want.  Every-damned-thing.  Everything.

To the Republicans who tip drinks with Demorats at the end of the day: you.

To the Demorats who tip drinks with Republicans at the end of the day: you.

Come January 2nd, something will have to be actually OWNED.

To the GOP: just stand back.  Let it happen.

BZ

 

 

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