Peter Morici: Obama Threatens To Shakedown Everybody If The Rich Don't Cough It Up

Once again, Peter Morici of the University of Maryland gets it exactly right, here:

"The president, by being so persistent that it's my way or the highway, no spending cuts, taxes on folks over $250,000 or nothing, has basically put a pistol to the head of the middle class. It's threatened them with financial extortion if he doesn't get his way to satisfy the populist wing of the Democratic Party."

Translation: Obama is a gangster who threatens to take everyone's money if we don't give him rich people's money.

Somebody should call the cops.

Libertarian Republican Sen. Rand Paul Recommends Going Galt On Fiscal Cliff

Gee, what a shock, a libertarian recommending "strategic withdrawal" on new taxes. Does anyone think libertarians really believe in any principles at all?

It's the one principle they do believe in which is at work here: freedom, a license to do anything.

They are no less culpable, and no less liberal, than the liberal Republicans they attack for raising taxes.

Senator Rand Paul, here:

"Why don't we let the Democrats pass whatever they want? If they are the party of higher taxes, all the Republicans vote present and let the Democrats raise taxes as high as they want to raise them, let Democrats in the Senate raise taxes, let the president sign it and then make them own the tax increase. And when the economy stalls, when the economy sputters, when people lose their jobs, they know which party to blame, the party of high taxes. Let's don't be the party of just almost as high taxes."

It's a kind of paraprosdokian like "We had to destroy the village in order to save it": We have to raise taxes in order to cut taxes.

Do House Republicans, who would have to surrender their majority and vote "present" on a Democrat tax bill, really want to be remembered for crashing the economy even more to make a political point? Haven't enough of us lost our jobs already? Hasn't the economy already sputtered for too many years?

If libertarians had their way, we'd all be smoking the dope that makes Senator Paul think this way.

How about just doing the right thing for its own sake and continuing to be the party of no new taxes in the face of economic stagnation, and let the chips fall where they may?

Democrats Like Howard Dean Want Taxes To Go Up On Everyone

Video here.

Dean views tax increases as a necessity to avoid having to cut spending.

Democrats see no need to keep taxes or spending low.

Democrat Senate Wants Your Taxes To Go Up, Won't Vote On Obama's Plan

Story and video here, quoting Mitch McConnell on what the Senate refused to vote on:

"[W]e didn’t just put together a bill that included [Obama's] $2 trillion tax increase – we also added the almost $400 billion in new tax stimulus measures he wanted as well. This bill contained a continuation of the payroll tax holiday, a 10 percent credit for new wages that will go to businesses big and small, and it included a fix to one of the many flawed provisions of Obamacare – an expansion of a tax credit for businesses that no one uses. This proposal reflected exactly what was in the President’s budget and his various submissions to Congress."

Flashback July 2011: Obama Didn't Need Tax Rates To Rise Then

Oh, but now he does. As he was a liar then, so is he now, and ever shall be. Amen.

Video here.

Romney Was A Terrible Candidate Because He Is A Liberal

So says Steve Baldwin, here, who unaccountably fails to mention that team Obama wanted Romney to be the Republican candidate for that very reason:

"[A]s any conservative from Massachusetts knew, Romney was a liberal at heart who, as Governor, led the nation in passing three of the left’s most sacred issues: Same sex marriage, Cap and Trade, and government control of health care. ...

Romney’s liberal record on taxes (yes, he taxed the corporate world in Massachusetts), Cap and Trade (first in the nation!), gay marriage, gay rights, quotas, gun control, immigration, etc, etc. was little known outside of Massachusetts because many of America’s leading conservatives decided to portray him as someone he wasn’t. Even a number of prominent right to life and national pro-family groups and leaders made a decision to remake Romney as a conservative even though they knew he was not. I should know; I briefed many of them about Romney’s record. Had the conservative leadership told the truth about Romney’s record as Governor, it’s likely he wouldn’t have won the GOP nomination."

That tells you all you need to know about the Republican Party, which doesn't just settle for liberalism. It settles for liberalism of the worst kind. And the so-called conservatives cooperated.

To hell with all of them.

Rich Guy Prick Warren Buffett Votes For Suppressing The Middle Class

Warren Buffett, here, says raising taxes on the rich would lift the morale of the middle class.

On the contrary, it would help keep the middle class in its place by making it more expensive to get where he is, and more importantly help keep the rich in their place because they can afford it.

Just the way the rich like it.

What a prick.

Reed Galen And His Ilk Confuse Television With Reality

Well why not? His parents probably used television as a baby sitter. The video here shows Reed Galen sporting a ginormous wristwatch and more neurotic hand gestures per second than I can count.

Here are his recent remarks about television:

The ABC sitcom “Modern Family” is an excellent reference point for the problems of today’s Republican Party. One of the most popular shows on television, it features, among other things, a Latina immigrant and her son and a gay couple with an adopted daughter.

Those characters are not merely a paean to political correctness: They are the glue of the show. And for Americans under 45, they are not seen as objects of scorn or derision but a reflection -- albeit through Hollywood’s funhouse mirror -- of what the country looks like today.

Someday someone is going to kick Reed Galen's ass but good, or his kids' ass if he actually has any, or something worse, which they'll deserve but won't assimilate because it's already too late for them.

Obviously his baby boomer parents never taught him anything, which is why the country looks like it does today, and deserves everything it's going to get.

Reed Galen formerly served in the losing John McCain for president campaign.

Thomas Sowell Summarizes Obama's First Term

"[I]t is amazing how long the rotten can hold together, if you don't handle it roughly."

Here.

Thomas Sowell Recognizes Tom Dewey In Mitt Romney

Thomas Sowell recognizes Tom Dewey in Mitt Romney here, as did we, and divines the horrible consequences of Romney's loss:

Quite aside from the immediate effects of particular policies, Barack Obama has repeatedly circumvented the laws, including the Constitution of the United States, in ways and on a scale that pushes this nation in the direction of arbitrary one-man rule.

Now that Obama will be in a position to appoint Supreme Court justices who can rubber stamp his evasions of the law and usurpations of power, this country may be unrecognizable in a few years as the America that once led the world in freedom, as well as in many other things.

Barack Obama's boast, on the eve of the election of 2008-- "We are five days away from fundamentally transforming the United States of America"-- can now be carried out, without fear of ever having to face the voters again.

This "transforming" project extends far beyond fundamental internal institutions, or even the polarization and corruption of the people themselves, with goodies handed out in exchange for their surrendering their birthright of freedom.

Obama will now also have more "flexibility," as he told Russian President Medvedev, to transform the international order, where he has long shown that he thinks America has too much power and influence. A nuclear Iran can change that. Forever.

Have you noticed how many of our enemies in other countries have been rooting for Obama? You or your children may yet have reason to recall that as a bitter memory of a warning sign ignored on election day in 2012. 

Real Clear Politics' Electoral College Map Gets More Ridiculous

More and more states are ending up as toss-ups in the Real Clear Politics' Electoral College Map as we get within days of the November presidential election. The map just took North Carolina out of Romney's total and put it back into toss-up, making the votes for Obama look, well, like more! Big deal.

That's what happens when all polls are equal, and you average them.

As time goes by this map is looking less and less important. How could it not when nearly more states are toss-ups than likely/leans one or the other candidate because you are just averaging the polls? Is polling that meaningless? Then why bother?

See it here.

Transformation After Four Years: Lost AAA Credit Rating, 8.97% Average Unemployment, Average Report of GDP 0.825%, Housing Values Down 13%

"After decades of broken politics in Washington, and eight years of failed policies from George W. Bush, and 21 months of a campaign that's taken us from the rocky coast of Maine to the sunshine of California, we are five days away from fundamentally transforming the United States of America."

-- Sen. Barack Obama, October 2008, Columbia, Missouri

Fewer Jobs, And More Of Them Part-Time Because Of Obama

Population has increased 10.1 million from four years ago, from 304.5 million to 314.6 million.

Total civilian employment has decreased 2.1 million, from 145.1 million to 143.0 million.

Full-time jobs have fallen 4.5 million, from 119.7 million to 115.2 million.

Part-time jobs have increased 1.9 million, or 7.6%, from 25.1 million to 27.0 million today, and this number will continue to climb as employers turn full-timers into part-timers in order to avoid having to offer insurance to workers working 30 or more hours per week as required by ObamaCare.

'The question in this election is not "Are you better off than you were four years ago?" We know the answer to that. The real question is, "Will this country be better off four years from now?"'

-- Sen. Barack Obama, October 2008, Canton, Ohio

And the answer is No.

Obama's Electoral College Map Gets Less Blue With Each Passing Day

realclearpolitics.com

VP Joe Biden Grossly Underestimated The Drop In Housing Equity

My jaw almost hit the floor when I heard Vice President Biden in debate with Paul Ryan say this:

BIDEN: I don't know how long it will take. We can and we will get it [unemployment] under 6 percent. Let's look at -- let's take a look at the facts. Let's look at where we were when we came to office. The economy was in free fall. We had -- the great recession hit; 9 million people lost their job; $1.7 -- $1.6 trillion in wealth lost in equity in your homes, in retirement accounts for the middle class. We knew we had to act for the middle class. We immediately went out and rescued General Motors. We went ahead and made sure that we cut taxes for the middle class. And in addition to that, when that -- when that occurred, what did Romney do? Romney said, "No, let Detroit go bankrupt." We moved in and helped people refinance their homes. Governor Romney said, "No, let foreclosures hit the bottom."

The vice president isn't even close to appreciating the devastation endured by home owners in this country.

Here's a chart I posted previously taken from the most up-to-date figures from the Federal Reserve showing peak to trough owners' equity dropping a whopping $6.9 trillion, not $1.7 trillion.

The vice president not only doesn't grasp the scope of the losses experienced by the middle class, the Obama administration hasn't done one thing to put housing on a proper footing going "forward", the slogan of their campaign.

Instead, Obama & Co. spent the first two years ramming health care reform which we didn't want down our throats at the same time we were losing our homes.

If ever anyone should be FIRED! for incompetence and malfeasance, it's these guys. Otherwise get ready to spend your retirement years living in the back seat of your rescued Government Motors automobile.

Uncertainty In NH, PA And WI Whittles Away At Obama At Real Clear Politics

See this map, here, where Obama's electoral college advantage now shrinks dramatically to 217 with New Hampshire, Pennsylvania and Wisconsin all becoming toss-ups instead of Obama wins.

As recently as October 2 this map showed Obama with 269 electoral college votes.

That means that in about one week Obama has lost 20 percent of his support.

RCP Puts Ohio Back Into "Toss Up" Moving Obama Back To 251 EC Votes

See the map here.

RCP Moves Missouri Back Into "Toss Up", Putting Romney At 181 EC Votes

See the history of map changes, here.

Missouri has been changeable since summer, either leaning Romney or a toss up.

Real Clear Politics Gives New Hampshire To Obama, And 269 Electoral College Votes

One vote away from a fait accompli.

Here.

Real Clear Politics Puts Ohio In Obama Column: He's 5 Votes Away From Victory

Real Clear Politics has put Ohio in the "leans Obama" column, here, which puts Obama 5 Electoral College votes away from clinching victory, according to the polling and math as presented.

Recent discussion of polling has included charges that polling is oversampling Democrats, that polling amounts to "in-kind contributions" to Democrat campaigns by news organizations biased toward liberalism, that polling is campaigning in another form, that polling is disinformation designed to suppress the turnout of the Republican opposition, etc.

So remember this map after the election is over, the only poll that counts.