Speakeasy forum: Here's how BO wins

The Republicans offered to give BO his $800B in revenue via eliminating deductions on the TOP EARNERS.....so the money BO wants would be coming from the very people he wants taxed, BUT he is insisting that the ONLY way he will accept a 'deal' is if the Republicans agree to raise the TAX RATE on that group. It doesn't matter to him that the money will still be coming from the group that he wants to pay more...all that matters to him is that Republicans cave (break their backs). It's strictly a political move for him.

Now, when the Republicans don't give him his proposal, and he is willing to go over the cliff over it, all of the Bush tax credits disappear, the payroll tax cut disappears, the estate tax increases, etc., the sequestration cuts kick in, and BO gets to blame the Republicans for it all. He gets the taxes he wants (in addition to the 23 new Obamacare taxes that go into effect at the same time) but on the backs of everyone including the middle class and poor, the military is gutted, and a few domestic programs get cut. He's rolling in money for a couple of months.........and then February hits the economy like a ton of bricks.........and it will still be blamed on the Republicans. But he will swoop in and get the middle class tax cuts in place (not quite soon enough to take away some of the hurt and many will lose jobs over this) and he will act like he saved the world.

In the meantime, the economy will tank (especially because of the military cuts which will affect hundreds of companies) and the unemployment will rise to over 9% again. And BO will own it all for the next four years....and he will continue to spend the new found money because it's all he knows and believes in. The money will dry up.......the Feds will print more........and the dollar devalues again. Soon, the only money that will be coming in on paper is the fines and penalties imposed by the IRS for Obamacare, EPA, etc. Good luck with that.

His win will be short lived........but he won't care........he has an agenda........we MUST become Europe at all costs......and it's all for our own good.

He's playing you like a fiddle.

.....how the total destruction of the American economy is a "win" for Obama. This should be good.

She's the one predicting economic armageddon and saying that is somehow a "win" for the president.

going over that cliff and think it should be done.....and allow the economy to finally crawl back on a natural basis rather than in a false way via the government printing money for bailouts and stimulus. Unfortunately, BO will not only try to swoop in with all those goodies to 'save' everyone, he will also point the finger of blame directly on the Republicans.

The way I see it, the Reps will get blamed for compromising on taxes in any deal that comes forward before Jan 1, or they will be blamed if no deal gets made.......I figure they have nothing to lose so they might as well stand their ground at this point and let BO try and clean up the mess that he will, as the President, be responsible for.

would have to spend a fortune on airtime with tv ads like they did for the actual election campaign to explain to the people what has happened and why.........blitz the news waves with a community organizing type mentality........grab another page from their playbook and use it against them.

that maybe since there will be no agreement on the taxes, the Republicans publically acknowledge it, and the Democrat acknowledge it.

Since they can't agree on tax changes, make a deal that allows the tax CUTS to expire, but as part of a agreement that also works on less rigid tax cuts.

The biggest threat according to some pundits from the fiscal cliff isn't the tax increase or the spending cuts, but the draconic cuts with mandated equal across the board.

For example, take Toni's biggest fear, the military cuts. I remember a discussion on a Sunday news talk show. Several agreed the military may be able to handle the budget cut amounts without that much distress if the Pentagon was allowed to do it strictly itself, without political interference and without the across the board cuts without adjustment the sequester bill requires.

Maybe they just agree on disagreeing, recognize the tax cuts are going o expire and we all go back to the taxes we paid during the years pre-911, and get on with making a deal that manages cuts on a more rational and gradually introduced basis.

I could easily agree on keeping the rates and reducing deductions, if I thought it would really be done in any meanful fashion. Maybe we should just do away with all deductions but a per dependent allowance and medical cost in excess of a defined percentage of income. That does away with loss deductions too in exchange for keeping the lower rate on capital gains. Nothing carried over, etc.

Or do away with all deductions, no exceptions, of course that mean bankruptcy for almost every major illness for the less than wealthy. So so we do away with bankrupcty now too? no one gets relief, if things go wrong, you're ruined for the rest of your life. That means someone is responsible for corporations losses too, no bankruptcy and ignoring debt for bad business decisions, someone would have to pay. Any past dividends or capital gains might be subject to claw back to pay corporation debt. Of course that would ruin all businesses, no one would invest in any speculation.

So is everyone on their own or not? and devil take the hindmost.