Monday, December 19, 2011

The Left and the Payroll Tax Cut


The New York Times: Has a Editorial that attacks the Tea Party House Members, the Editorial states the following, “ ..cannot stomach the idea of giving Mr. Obama even a sixth of what he has asked for, especially if it actually helps improve the economy.. ”. Thus if there is no deal folks the Democrats and Media Elite will place the blame at the feet of the Tea Party, does not matter that the deal is only for two months, its hardball know folks. The left for the next year will run only run stories that support Obama, no matter the substance, the Republicans have to be careful, on the whole it’s a political deal that will allow the sides to return to the trenches next year, time for some of Reagan’s pragmatic way of dealing with Congress, take the deal House.

No Payroll Tax Cut ?


BBC News: Reports that the Republican House Speaker John Boehner has stated that expects the House of Representatives to vote against the Payroll tax cut deal designed by the US Senate. This is hardball politics folks, the Republicans want a year extension of the payroll tax cut, the Democrats are slow rolling the cut, they want it as a political issue in 2012, they want to play their usual class warfare strategy. The deal on the whole sounds good, the middle class get their tax cut, no tax on the rich, but the Tea Party House Members were elected in 2010 to do real cuts, thus this could go down to the wire folks. There will be a tax cut, but it might need to be backdated if a deal cant be reached in till early 2012. In way the politics works for both Parties, the Tea Party Republicans can say they have worked system to get what they want, real cuts, while Democrats can argue that Republicans only care about the rich. Lets see what the voters think folks, lot of polls can be expected on this subject.

The US and South Korea


The White House: Readout of telephone call between President Obama and President Lee of South Korea. The readout states the following,At midnight tonight, President Obama spoke with Republic of Korea President Lee Myung-bak to discuss the situation on the Korean Peninsula following the death of Kim Jong Il. The President reaffirmed the United States’ strong commitment to the stability of the Korean Peninsula and the security of our close ally, the Republic of Korea. The two leaders agreed to stay in close touch as the situation develops and agreed they would direct their national security teams to continue close coordination. ”. POTUS does not need North Korea to become a crisis, as predicted in my tweets the North did show the military sword, by shooting off short range missiles, just a reminder to the World that that North Korea is a nuclear armed power, if human nature is any guide we can expect more trouble out of the Great Successor, yes folks that his official title, KIM JONG - UN will not want to be seen as a failure when compared to his grandfather and father, thus expect more military shows, or a nuclear demonstration. This North Korean succession could be a on going sore for POTUS and the world folks.