Archive for December 1st, 2010

by jhwygirl

…and make no mistake, Montana State Republican Party Chair has yet to master it.

Talk about representing.

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Baucus Tasked to Work Out “Compromise” on Extending Tax Cuts for the Rich

By JC

Thanks to Big Swede Ingy, we have the theme for the upcoming battle over the Bush tax cuts. If you need a primer on this fight, you haven’t been paying attention, but I’ll start off this end-of-the-year debate with a nice little video that BoldProgressives.org just put out to put some pressure on President Obama to do the right thing.

We’re gearing up to have an old fashioned political donnybrook over the Bush tax cuts for the wealthy. We’ll get to see the right wing’s avarice in full force–as so eloquently snarked by Big Ingy–while they forget all about their opposition to deficit spending when it comes to protecting their wealth and increasing income disparity, and push their greedy self-interest in an all out class warfare battle.

And President Obama, who so adamantly campaigned to let the tax cuts for the rich expire, is on the cusp of caving in, his administration hurling itself to the right to accommodate the latest meme that only a Reagan Democrat in the White House can get the people’s business done.

Yesterday, President Obama tasked his underlings to “work out a compromise:”

“Faced with a tough decision to make on the expiring Bush tax cuts, Congress and the White House did Tuesday what they do best: They passed the buck.

With the resolution to a fight Washington has known was coming for 10 years still hanging in the balance, a small group of legislators will meet with top executive-branch officials, including Treasury Secretary Timothy Geithner and Office of Management and Budget Director Jacob Lew, sometime this week — perhaps as early as Wednesday — to hammer out a deal.

The lawmakers slated to attend include Senate Finance Chairman Max Baucus (D-Mont.)…”

Max Baucus??? President Obama didn’t learn anything by handing over his Health Insurance Reform to Baucus, so now he’s going to hand over this issue to another Reagan Democrat millionaire to find a compromise?

Mr. President, your future rests with how you proceed. If you break your campaign promise to let the tax cuts for the rich expire, particularly when your opponent has already signaled his surrender, you do not deserve to have the support of the progressive base that put you into office. If you sign a bill that extends those tax cuts, even temporarily, you have signaled the end of your presidency, as the disaffection of your progressive base will solidify against you, assuring either your defeat in ’12, or the rise of a third party candidate that either will succeed, or that could throw the election to the republican and Sarah Palin.

It almost seems as if you don’t care if the country has a republican president and Congress in 2 years. Maybe you don’t…




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