Legal Commentary

Balancing The Budget: Catfood ForThe Poor, Tax Cuts For The Rich

By Big Tent Democrat

President Obama on his Catfood Commission:

"Before anybody starts shooting down proposals, I think we need to listen, we need to gather up all the facts[. . .] If people are, in fact, concerned about spending, debt, deficits and the future of our country, then they're going to need to be armed with the information about the kinds of choices that are going to be involved, and we can't just engage in political rhetoric.

President Obama's advisor David Axelrod on tax cuts for the rich:

Although the president "took the position he felt was the right position" -- favoring a continuation of the cuts only for families earning up to $250,000 -- Axelrod portrayed this "optimal" stance as unrealistic in the lame-duck Congress that begins next week.

The GOP will insist on permanent extension of tax cuts for the wealthy and Obama will capitulate. This may be why:

A student of history and a onetime political reporter, Axelrod expressed curiosity and even some optimism about the tea party, suggesting that Obama could work with them [. . .]

If so, Obama would turn the Clinton-era triangulation strategy on its head, reaching out not to the moderates in the other party but to the new breed of conservatives who could bring the ideological arc of Congress full circle.

Can the White House work with them? "It is a fascinating time in our history," he said, "and I don't think anybody really knows. I mean I have watched carefully some of these folks on television. I don't think this is nearly as predictable as people think."

(Emphasis supplied.) This is, of course, insane. The Obama White House seems to have lost its mind. At this rate, unless the GOP nominates Palin, Obama may very well be a one term President. Shocking really.

Speaking for me only

Full post as published by TalkLeft on November 11, 2010 (boomark / email).