Showing posts with label John Boehner. Show all posts
Showing posts with label John Boehner. Show all posts

Sunday, December 30, 2012

Fiscal cliff? What fiscal cliff?


If I remember my Constitution correctly, all bills dealing with taxing and spending must originate in the House.   So, it would appear to me that John Boehner has a little work to do - a little work that he seems incapable of doing.

Now first a word on this over-hyped so-called fiscal cliff that we're supposed to be plunging over on New Year's Day. It's all an illusion. There is no such thing. The illusion was created so that no one would question the need to implement austerity measures during a fragile economic recovery. Just go ask the Greeks or the Spanish how well those austerity measures are working in their countries.

So what if there's no deal in place by Tuesday. Wouldn't it make more sense for the incoming Congress to debate the issue rather than the lame ducks still in session? The tax cuts can be extended, or re-introduced, at any time. The broad spending cuts won't take effect until the next fiscal year.

President Obama is once again showing his appalling lack of poker skills in groveling with Congressional leaders to come up with a grand bargain. Mr. Obama doesn't have to do anything. Mr. Boehner couldn't even command enough of his own party members to stage a vote for his bill that would coddle the wealthy and defense contractors while fleecing seniors and the unemployed. Apparently members of his own party didn't think his proposal did enough coddling or fleecing.

The President's only role in the process is either signing or vetoing the bill that comes across his desk. The President doesn't need to propose anything. The President doesn't need to fold his hand if the leader of the other party barks at him. He can just sit back and wait to see what happens.

So, Mr. Obama, why not just sit back and enjoy the show? Put the onus on Mr. Boehner and his colleagues to pass legislation to avoid this mythical cliff. Let the American people see who the House GOP really represents. Let then pass a bill that doesn't raise tax rates on the wealthiest 2% of Americans but imposes benefit cuts for seniors who rely on their monthly social security check for survival. Let's see how that goes over.

Right now Mr. Boehner is laughing because he's not being forced to exercise any leadership or responsibility. President Obama's latest moronic idea of pressing the Speaker to put the Senate bill up for a vote in the House boggles the mind.

Come on, Mr. President, you were man enough to break up thousands of families by deporting parents of American citizens. You were man enough to authorize the murder of thousands of civilians in the Middle East. You were man enough to brag that you were the one who decided who was to be killed by unmanned drones. But you're not man enough to stand your ground and force John Boehner to do his job?

Mr. Obama, and the rest of the cabal in Washington, were only too happy to shower cash down on the very folks who drove the economy into the ground while ignoring the plight of ordinary Americans who lost their jobs, their homes and their families. Now they're only too happy to do it all over again under the fiction of the fiscal cliff.

Saturday, December 22, 2012

It's time to shuffle up and deal, Mr. President

Someone please let President Obama know I'm trying to get a poker night together sometime in the next couple of weeks. I'd really love to have Mr. Obama sit at the table and play with us. I think I can clean out his wallet.

You see, I don't think Mr. Obama is much of a poker player. He was just re-elected despite the high unemployment rate because folks thought he'd do a better job managing the economy than his opponent. His party has a bigger majority in the Senate and picked up a few seats in the House. He's not in a weak position facing the so-called fiscal cliff.

President Obama started off calling for a renewal of the Bush-era tax cuts for somewhere around 98% of the taxpaying public. His plan to avoid the cliff was to raise taxes on the wealthiest Americans and to trim some dollars from the budget.

His antagonist, House Speaker John Boehner, said he wouldn't stand for raising taxes on the wealthy and that he wanted to see more cuts to Social Security and Medicare and no cuts in defense spending.

If the parties couldn't agree by December 31, the tax cuts would expire and automatic spending cuts would go into place for next year's budget. President Obama held the high ground. If the House Republicans refused to go along with his plan, everyone's taxes would go up in the new year and their precious defense budget would be cut. The president had the best hand. All he had to do was shove his chips into the center of the table and the pot was his. There was no way Mr. Boehner would call that bet.



So what did Mr. Obama do?

True to fashion he checked the hand and offered more concessions to the GOP. How about we only raise taxes on those folks making more than $400,000 a year, John? And how about we cut more money from Social Security than we do from the Pentagon budget? Would that work for you?

As an aside, in all of this talk about Social Security, the one thing no one likes to mention is that Social Security isn't part of the federal budget. It's a "trust fund." While the government borrows from the surplus in the trust fund in exchange for treasury bonds, Social Security spending is completely unrelated to the federal budget. Now at some point in the future when FICA receipts don't cover the benefits paid out it might be a different story.

But if President Obama thinks that making more (unnecessary) concessions is going to engender bipartisanship in the House of Representatives, he's crazy. By caving in like he did he is only strengthening the GOP's hand. Now what's he going to do when Mr. Boehner shoves a stack of chips in the middle of table?

So come on down to Houston, Mr. President. I've got a chair for you. Checking with a strong hand is dangerous. If you make the bet, you're forcing your opponent to make a tough choice; but when you check your hand and your opponent makes a big bet now the onus is on you. When you've got a big hand, it's much better to lead.