After the Fiscal Cliff Battle - The Cuts Battle

Telegraph: Reports on the next battle between the White House and House Republicans, " ..funding authority for most government programs is set to expire in late March. Republicans have made it clear they intend to use those events as leverage.. ".

Lets Get Real:

This time the Republicans must not move an inch, they must get massive welfare cuts, the Oval has stated it wants more tax hikes, the House should tell the OVAL to get stuffed, do not be diplomatic about it, Chicago pol will understand if you tell him its this way or its the highway, and it will be a private highway not a government funded scheme.    It does not mater what the Oval threatens, the Republicans should not pass a dam thing, NOTHING, the Oval can not spend a thing without the House approving, make it clear, in Chicago terms, that the House is ready to see the US lose its credit rating, it will go that far, and Obama 2nd term power only has about six months, after that its the 2014 mid terms and the Presidential race of 2016.   Lets see how long Democrats defend the Obama tax hikes, there will be blow back folks, and Democrats the ones with a political brain will understand that Obama does not matter, in real terms political terms he is a windbag, end of story, thank God Congress after FDR made it illegal for Presidents to serve more than two terms, this means the Democrats will be looking for a new nominee soon, and do you think folks he can get away with tax hikes, he wont, looking forward to that day when Democrats start to dump on the Oval and Obama has to take it, fun days await folks. 

Look in the Mirror US - Greece

Guardian: Reports the following on the decline of Greece, " ..unemployment at a record 26%, one in three living on or below the poverty line, and the worst of austerity yet to come. ". 

Lets Get Real: 

This is the future for the US folks, Democrats want to create a welfare state in the US, they have nearly reached their goal, a lot of US States are bankrupt and will need a Federal Bailout, these States have gone down the toilet due to expensive deals wit the Unions, the tax hikes of the fiscal deal will not be used to pay back the US debt, NO it will be paid to keep the welfare state going and even extend those welfare schemes that should have come to an end.   The French President Hollande has stated that although the Courts have thrown out his 75% tax on the rich he will redraw the law, no wonder the elite of France are moving to the UK and other EU countries.  Lets get real folks, there WILL NEVER BE ENOUGH rich people, thus what is left, the Middle Class, and when they revolt the right WINS, history does repeat itself, the Reagan and Thatcher years.  One has to wonder that the left never gets this point.   But they do give out Nobel Prizes for nothing. 

The Fiscal Cliff - Republicans CAVE

BBC News: Reports that the Republican House of Representatives has passed the Senate fiscal deal, the article notes the following, " It raises taxes for the wealthy and delays spending cuts for two months. ".

Lets Get Real: 

The Republicans caved folks, they did not keep their nerve, the Oval will WON BIG, but this should be the last Obama victory, the Oval is on very much weaker ground when it comes to spending, 16 trillion of debt.   The Republicans should force the Oval to sell every national park in the US if need be, lets get down in the trenches, lets make the Democrats regret ever supporting Obama.    The Oval is not running in 2014 or 2016, he is a yesterday politician but for the fact that the Oval has a ego of Zeus but without the whit to understand that power is fleeting.  Once President Obama is out in 2016,  his legacy is OVER, the Democrats will have to defend tax hikes, their candidates will either have to dump on Obama from a great height or support tax hikes, there are not enough rich people to support the welfare Democrats want, its always the Middle Class that get hit, and whey they get hit the vote Republican, enjoy this victory Mr President, the political Gods give and take away, and they do it a ruthless manner. 

The Fiscal Cliff and the House PT4

The New York Times: Reports the following on the fiscal cliff deal that is now in the House, " ..the fate of the legislation in doubt just hours after it appeared Congress was nearing a resolution of the fiscal crisis. ". 

Lets Get Real:

The Republican House members have found that the Senate deal has no real cuts, just more tax hikes and government spending, one example the extension of unemployment benefits, this is the kind of welfare state system that has sent Greece down the toilet and is being followed by the rest of Europe.    The new French President after the Courts rejected his tax hike on the rich wants to re - draft the law and bring it back.    The Senate deal is only about raising taxes, the Republicans should say NO thanks, and allow the US to go over the cliff, it will then be Obama's recession.  In 2014 POTUS is not on the ballot, thus he does not have to  deal with the results of the any deals between the Oval and the Hill, those running for re-election will face the fury of the voters who see that the US has a 16 trillion debt and is owned by China.   That the welfare system is out of control and will bankrupt the US, time for Republicans to be Reagan Republicans, say no and just pass a bill that extends all tax cuts and say that is IT, if Obama does use his veto pen then any recession will be his to own.  Hard ball politics at its toughest folks. 

The House and the Fiscal Cliff - PT3

Guardian: Reports the following reaction from Republicans and Democrats to the deal, " ...expressed unhappiness with the bill. Democrats accused Obama of giving too much ground to the Republicans, setting too high a threshold for tax increases to kick in. Republicans claimed the deal failed to address America's burgeoning deficit. ".

Lets Get Real:

Lets hope the Republicans say no to the Senate Deal, any recession would land on Obama, his 2nd term would be over before its starts, the Republicans should make it clear that if Obama does not agree to all taxes being down then his Agenda is dead on the Hill, the Republicans should freeze the White House Budget, in other words make Obama wish he had never run for the Oval, it can be done, Obama is not the first or the last President who needs to be taken down a beg or two.   This normally happens after six years, but when you get the Nobel Prize for doing nothing it can go your head!!  Lets Get Real, 2nd terms rarely end well, Obama does not walk on water, he is a Chicago pol who got lucky in 2008, as with nearly all Chicago Pols, lets see when the other shoe drops, it always does folks. 

The House and the Fiscal Cliff - PT2

BBC News: Reports that the Republican House of Representatives has not signed off on the Senate approved fiscal cliff deal. 

Lets Get Real: 

Enough Republicans will cave as this is the media theme story for days, they have forgotten what happened to Bush 41, he agreed to tax hikes on the promise of cuts, the Democrats took the tax hikes but never produced the welfare cuts, they can not, they would be cutting their own throats.  Thus the Republicans will cave and POTUS will be able to push them around for the next two years.  The Republicans in the House need a new Speaker, Mr Boehner is a terrible poker player, he gave the shop away the day after the election, he agreed to tax hikes even before the last votes were counted.   Time for some Chicago hard ball from the Republicans if they are not to lose in 2014 as Bush 41 lost in 1992 to Bill Clinton. 

President Obama and the Fiscal Cliff

President Obama has released the following Statement on the fiscal cliff deal, " Leaders from both parties in the Senate came together to reach an agreement that passed with overwhelming bipartisan support today that protects 98 percent of Americans and 97 percent of small business owners from a middle class tax hike.  While neither Democrats nor Republicans got everything they wanted, this agreement is the right thing to do for our country and the House should pass it without delay.

This agreement will also grow the economy and shrink our deficits in a balanced way – by investing in our middle class, and by asking the wealthy to pay a little more.

What's more, today's agreement builds on previous efforts to reduce our deficits. Last year, I worked with Democrats and Republicans to cut spending by more than $1 trillion. Tonight’s agreement does even more by asking millionaires and billionaires to begin to pay their fair share for the first time in twenty years.  As promised, that increase will be immediate, and it will be permanent.  ( note to POTUS, there will be other Presidents and Congresses, they decide the future not a here today, gone tomorrow politician. )

 

There’s more work to do to reduce our deficits, and I’m willing to do it. But tonight’s agreement ensures that, going forward, we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest Americans.  And as we address our ongoing fiscal challenges, I will continue to fight every day on behalf of the middle class and all those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down. "

Lets Get Real.

This is the side of President Obama that shows his arrogance, the statement that this is the final say on US Taxes shows arrogance and contempt for democracy, if the Republicans keep the House and retake the Senate and the Oval they will return to the low taxes and high defence spending of the Reagan years.   There will be welfare cuts, and Obama Era will be seen as the final throw of the extreme left to make the US like Western Europe, a welfare debt State.   The left never learn folks, voters want to get rich, they might vote for Democrats or Labour in the bad times but they do not last, go and ask Jimmy Carter what happens next.