It’s a HUGE win for the GOP. Chalk up one more BIG LOSS for the Manchurian candidate, and Hillary just got an itch on her ass. Repeal of ObamaCare is on the way.

Ed “wife beater” Shultz, look it up.

Its a HUGE loss for the American People.

A very sad day for Americans, we all lost.

Except the Neo-Cons and the top1% .

However, it certainly is troubling that bi-partisan cooperation is ridiculed by both sides and makes one wonder where are the centrist voices to give Obama some kudos to lift his clearly floundering spirits.

Bipartisanship is overrated. We’ve got two diametrically opposed views of proper governance and the space between the two of them is not sustainable. America needs to figure out where it’s going, and standing in the road staring at the fork is not wise, no matter how centrist it seems. Unless someone can devise a philosophy that convincingly combines the best of both views, centrism is pointless.

Elaine B said:
Its a HUGE loss for the American People.

A very sad day for Americans, we all lost.

Yeah, you lost someone else’s money. My condolences.

Slam dunk for the GOP, but its also a win for Obama. If he keeps compromising he might get some of those independent voters back.

hanniballa,

I don’t think so, Bernie Sanders if going to put up a fight and he is a independent. I don’t know if this is going to do any good but I am behind him 150%!

Tomorrow, I am on the phone making calls to congress and senate…. again…..

It’s a win for 6.7 million people who will have their unemployment benefits extended for a year.

NEWS FLASH!!! NEWS FLASH!!! NEWS FLASH!!!

OBAMA BENDS OVER….GRABS ANKELS

Elaine B said:
Its a HUGE loss for the American People. A very sad day for Americans, we all lost. Except the Neo-Cons and the top1% .

What exactly did we all lose ?… This was a compromise, thats not a dirty word… The reps got the tax cuts they wanted and the dems got the unemployment extention… Nobdy lost anything… It’s a good start…

While I would have preferred expiration of the Bush tax cuts for those making over a million dollars a year, I’m inclined to accept Obama’s decision to extend the tax cuts for all. To have followed the Progressive’s request to have gambled for the possibility of no extensions would have backfired against the President. After all, Obama has to have support from more than the Progressive “base” to get reelected.

Obama has to satisfy the Moderates and bring back the Independents as well. Whether one interprets the President’s support of the framework announced today as capitulation or a compromise is going to depend upon where along the political spectrum (from left to moderate) they stand as well as whether they are willing to sacrifice their ideological preference in order to achieve the best possible outcome given the pragmatic parameters that the GOP’s counterfactual economic world-view would force on any possible outcome.

Those of us who don’t like the compromise because it further helps the elite few who were helped in the long run by Bush’s (as well as Reagan & Bush 41) policies of Voodoo Economics, deregulation, etc. do have our work cut out for us between now and the elections in 2012. We have to do our best to make sure that Sen. McConnell fails miserably in his attempt to make Obama a 1-term President through hijacking the Senate to deviate from its Constitutional obligations of representing “We the People” by representing their multi-millionaire Sugar Daddies as they have for the last 2 years. We need to make sure that the voters remember that all of their Congressional representatives are on probation – the terms of which has already been failed before the 112th Congress starts by McConnell, Boehner, and the rest of that ilk. [There was no mandate from the electorate to extend the tax cuts for the rich, nor to repeal HCR. The primary mandate was to compromise for the best interests of their constituents - not their Sugar Daddies and an unconstitutional Quid Pro Quo.]

Chuck Denk said:
While I would have preferred expiration of the Bush tax cuts for those making over a million dollars a year, I’m inclined to accept Obama’s decision to extend the tax cuts for all. To have followed the Progressive’s request to have gambled for the possibility of no extensions would have backfired against the President. After all, Obama has to have support from more than the Progressive “base” to get reelected.

Obama has to satisfy the Moderates and bring back the Independents as well. Whether one interprets the President’s support of the framework announced today as capitulation or a compromise is going to depend upon where along the political spectrum (from left to moderate) they stand as well as whether they are willing to sacrifice their ideological preference in order to achieve the best possible outcome given the pragmatic parameters that the GOP’s counterfactual economic world-view would force on any possible outcome.

Those of us who don’t like the compromise because it further helps the elite few who were helped in the long run by Bush’s (as well as Reagan & Bush 41) policies of Voodoo Economics, deregulation, etc. do have our work cut out for us between now and the elections in 2012. We have to do our best to make sure that Sen. McConnell fails miserably in his attempt to make Obama a 1-term President through hijacking the Senate to deviate from its Constitutional obligations of representing “We the People” by representing their multi-millionaire Sugar Daddies as they have for the last 2 years. We need to make sure that the voters remember that all of their Congressional representatives are on probation – the terms of which has already been failed before the 112th Congress starts by McConnell, Boehner, and the rest of that ilk. [There was no mandate from the electorate to extend the tax cuts for the rich, nor to repeal HCR. The primary mandate was to compromise for the best interests of their constituents - not their Sugar Daddies and an unconstitutional Quid Pro Quo.]

Are you high?

Pablo said:
Bipartisanship is overrated. We’ve got two diametrically opposed views of proper governance and the space between the two of them is not sustainable. America needs to figure out where it’s going, and standing in the road staring at the fork is not wise, no matter how centrist it seems. Unless someone can devise a philosophy that convincingly combines the best of both views, centrism is pointless.

I’m kinda dissapointed in this post you’ve made. I have considered you one of the most intelligent posters here. It saddens me to think that people, intelligent people, are not willing to find a way to work together. You say “unless someone can devise a philosophy that convincingly combines the best of both views, centrism is pointless.” Wouldn’t this begin with us? The American people? The little guy?

Personally I don’t see what much it matters, whether or not they got their tax cuts. As I feel the middle class to poor would suffer either way. No tax cuts and we would pay the price anyway. They would have found a way to pass that loss on to us, however they could. Now that they got their tax cuts, I will await the jobs they say those tax cuts will produce. Although it’s already been a long wait. Not many were made when Bush first gave the tax cuts till now. Can’t see how it will be much different. I honestly hope I am wrong. People need to get back to work. I’ll give credit where credit is due. But they better get the majority of people back to work. I won’t hold my breath though.

MiddleRoader said:
It saddens me to think that people, intelligent people, are not willing to find a way to work together.

Oh, that’s not the case. The thing is, we need to figure out what we’re trying to do when we’re working together. If we’re just digging holes and filling them back in together, that’s pointless. What we’re looking at is that we’re either going to chain everyone together and let the government call all the shots, or we’re going to re-liberate America and let Americans do what they’ve always done in grand fashion: succeed. We can’t do both, and I trust that intelligent people will recognize that. Oh, and we’re headed toward a fiscal train wreck, so the time for dithering is past.

Who gives a rat’s ass about that fat slob, Ed ‘Always Angry’ Schultz! Ed is the biggest phony on TV. He is totally worthless when it comes to getting accurate info/news/etc. that are ‘FACT’ based.

It is a good day for Americans as companies, large & small should start hiring if this goes through.

BTW…Fat Edie is not worthy of bringing Sean his coffee.

MiddleRoader said:
Personally I don’t see what much it matters, whether or not they got their tax cuts. As I feel the middle class to poor would suffer either way. No tax cuts and we would pay the price anyway. They would have found a way to pass that loss on to us, however they could. Now that they got their tax cuts, I will await the jobs they say those tax cuts will produce. Although it’s already been a long wait. Not many were made when Bush first gave the tax cuts till now. Can’t see how it will be much different. I honestly hope I am wrong. People need to get back to work. I’ll give credit where credit is due. But they better get the majority of people back to work. I won’t hold my breath though.

Barack Obama, via NPR:

“Make no mistake: Allowing taxes to go up on all Americans would have raised taxes by $3,000 for the typical American family,” he said. “And that could cost our economy well over a million jobs.”

Make no mistake, higher taxes harm economic growth.

They would have found a way to pass that loss on to us, however they could.

The consumer pays for everything, one way or another. Always has, always will. That includes taxes. Even when you take them out of corporate pockets, it comes out of your pocket. Always. This is an immutable rule of economics.

Now that they got their tax cuts, I will await the jobs they say those tax cuts will produce. Although it’s already been a long wait. Not many were made when Bush first gave the tax cuts till now.

Bush saw unemployment rates under 5%, which is generally considered to be full employment. You’ll see a bump here, once people have some confidence in what the business environment will look like for the next couple of years. This may become the most stimulative thing Obama has done to date.

I honestly hope I am wrong.

We’re about to find out.

Pablo said:
The thing is, we need to figure out what we’re trying to do when we’re working together.

As a person that is in favor of safety nets with much *needed reform and regulations*. I think the rich need to reign in their greed. Redistribute their wealth back into their own companies by creating more jobs, taking care of their employees etc. While the reform on safety nets can be mandated, you can’t mandate people to be less greedy. Great mistakes have been made. And the blame goes all around. Until we all stop playing the blame game and start working together on how to turn this around, unfortunately, I believe we are doomed.

I am a low level floor worker for a large corporation. I have been there for 17 years now. In those years I see them phasing out full time positions w/ benefits and replacing them with part timers/no benefits. Hopefully for myself I will skirt out of there in a few years by retirement. I wonder though, how it is that people, young people especially, are/will be able to raise a family on part time, no benefits, let alone just try and take care of themselves, these days.

It is also a very sad state to see, in my area, all the large companies that young people strived to work for when they left high school wither and die for them over the years. Not every family is able to afford to send their kid to college and not all kids are college material. So does that automatically mean they are relegated to McDonalds? It seems this will be they way it will go.

MiddleRoader said:
It is also a very sad state to see, in my area, all the large companies that young people strived to work for when they left high school wither and die for them over the years.

Why do you suppose American companies started to wither and die over the last 50 years? Why would you guess that American companies found it beneficial to move operations overseas, or outsource manufacturing overseas? It isn’t because American government made America a hospitable environment to do business in. Which is sad, because there used to be no better place on Earth.

It’ll be an Obama win if he gets the START treaty passed. Obama doesn’t have time to play little mind games with Republicans over the Bush tax cuts; he has to govern.

Not every family is able to afford to send their kid to college and not all kids are college material. So does that automatically mean they are relegated to McDonalds? It seems this will be they way it will go.

If they can’t afford college, and don’t have a scholarship, the only way they can get in now is to get a loan from the Federal government. The private student loan business is out of business.

That was in the health care bill. Is that who we are? Is that the change you can believe in?

Pablo said:
If they can’t afford college, and don’t have a scholarship, the only way they can get in now is to get a loan from the Federal government. The private student loan business is out of business. That was in the health care bill. Is that who we are? Is that the change you can believe in?

I will check that out tomorrow. It’s been a long night. Thanks for the link.

Fact: One small step for mankind!

Obama is weak, and weak people should never seek office. They do more damage than good, this is basic fact.

@Pablo
Don’t be silly, the private student loan business was a middle man between the Government and the Students. Now the Students can take the money directly from the Govt. What’s the point of the Govt. paying a private company to help spread it’s loan to students, which according to record is not fair or charge more interests, not liked by Students and their Families.
If the Private business wants to loan out money, it should use its own money, not get paid to use Govt’ money. This is an example of cooperate welfare, they exist on Govt. contract to keep their business, yet the same phony are the first to blast Govts job. Now go get yourself some private business that doesn’t rely on Govt.. grant. Jokers

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Obama calls it compromise.
I call it cave!

Probably NOT wrong said:
Obama calls it compromise.I call it cave!

Fact: I call it like it was. He got shellacked and he is doing what he was told to do! Now he knows his place!

Just4thefax says:
December 7, 2010 at 7:09 am Just4thefax(Quote)
Thumb up 0 Thumb down 0

Probably NOT wrong said:
Obama calls it compromise.I call it cave!

Fact: I call it like it was. He got shellacked and he is doing what he was told to do! Now he knows his place!

What place is that?

What a pity our President decided to conspire with the Republicans to increase the deficit. A very bad move.

Wait. I thought Obama was ‘The Smartest Among Us’ (trademark). You mean to say that he got ‘snookered?’ He got ‘painted into a corner?’ How does this happen? It happens when he ISN’T the smartest man in the room but rather a big-eared cigarette smoker with a fat lip.

The Real Royal King said:
What a pity our President decided to conspire with the Republicans to increase the deficit. A very bad move.

The deficit isn’t increased by collecting less money; it happens when you spend to much. Libs have this fetish around spending money they haven’t yet confiscated, and then take ‘great offense’ at being unable to confiscate every last nickel. This is a wonderful development, and I quite like seeing the Lib media in an apoplectic froth over this ‘great injustice’ to their way of looking at things. Paul Krugman (et al) must be near suicidal right now.

Elaine B said:
hanniballa, I don’t think so, Bernie Sanders if going to put up a fight and he is a independent. I don’t know if this is going to do any good but I am behind him 150%!

Sanders is an admitted socialist. So are you.

TrollJuice said:
Just4thefax says:December 7, 2010 at 7:09 am Just4thefax(Quote)Thumb up 0 Thumb down 0 Probably NOT wrong said:Obama calls it compromise.I call it cave! Fact: I call it like it was. He got shellacked and he is doing what he was told to do! Now he knows his place! What place is that?

Fact: Look here!
http://www.americanthinker.com/2010/12/obamas_blind_spot.html

Elaine B said:
Its a HUGE loss for the American People. A very sad day for Americans, we all lost. Except the Neo-Cons and the top1% .

Yeah, how terrible all of those people will be getting those pesky jobs.

By the way, even Sweden, which the left is always telling us we should follow, is cutting taxes and social services. They also have very tight security on their borders. Guess we should follow them more.

Pablo said:
If they can’t afford college, and don’t have a scholarship, the only way they can get in now is to get a loan from the Federal government.

There’s another option: Get a job and pay for college yourself. I financed my entire undergraduate education by working full-time while attending school part-time.

ChrisNH said:
The deficit isn’t increased by collecting less money; it happens when you spend to much. Libs have this fetish around spending money they haven’t yet confiscated, and then take ‘great offense’ at being unable to confiscate every last nickel. This is a wonderful development, and I quite like seeing the Lib media in an apoplectic froth over this ‘great injustice’ to their way of looking at things. Paul Krugman (et al) must be near suicidal right now.

Well, Chris, Krugman is likely correct. The Japanese followed this pattern and ended up with the Lost Decade. They are still staggering.

RichS said:
Yeah, how terrible all of those people will be getting those pesky jobs.

By the way, even Sweden, which the left is always telling us we should follow, is cutting taxes and social services. They also have very tight security on their borders. Guess we should follow them more.

You obviously know very little about Sweden. The tax structure and social services structure are not at all comparable to the US. Job security, health care, childcare, education all continue without serious interruption. And, Sweden has a VAT. While a VAT is by design regressive, we can’t really claim there is anything remotely progressive about our income tax system. The VAT remains largely untouched.

As for border security, please. Get into any EU country, and you’re into Sweden. You can even drive into Sweden from Denmark, which you can drive into from Germany, which you can drive into from Austria, which you can drive into from Hungary. Because of the complexity of the social services network, immigrants are detected much sooner than in the US.

Who fed you this claptrap? Sounds like Limbaughesque krap.

ChrisNH said:
The deficit isn’t increased by collecting less money; it happens when you spend to much. Libs have this fetish around spending money they haven’t yet confiscated, and then take ‘great offense’ at being unable to confiscate every last nickel. This is a wonderful development, and I quite like seeing the Lib media in an apoplectic froth over this ‘great injustice’ to their way of looking at things. Paul Krugman (et al) must be near suicidal right now.

Exactly. My company doesn’t make more money because we increase revenues. It makes more money because we cut expenses. Geez! Do you roll stink bait for a living?

Judge Mental said:
There’s another option: Get a job and pay for college yourself.

While I like the way you’re thinking, that would fall under being able to afford college.

The Real Royal King said:
Exactly. My company doesn’t make more money because we increase revenues. It makes more money because we cut expenses.

Government doesn’t MAKE money, airhead. That’s a mighty big difference. You could say that the two things are not comparable.

Judge Mental said:
There’s another option: Get a job and pay for college yourself. I financed my entire undergraduate education by working full-time while attending school part-time.

In Germany, college education is essentially free to the student. At least the tuition …. It’s productive, in delivering skilled professionals to needed positions quickly. But that system wouldn’t work in the US. Few go to college in Germany because the entire education system begins to track students early on and few go on the college preparatory track. A bit undemocratic for Americans, to be sure.

In the UK, tuition is assessed but payment can be delayed by means of assessment of a higher income tax rate until repaid. It is a very interesting concept. Again, because of some education systemic differences, a smaller percentage of Britons go to college than Americans, but this system does seem to produce a core group of highly driven, educated individuals interested in making sufficient income to pay the tuition back and lower their tax assessments.

What you did is admirable, and it is sustainable in small growth economies, but I have to wonder in periods of expansion if, from a societal standpoint, it isn’t better to advance the education along at a brisker pace.

Of course, there is the intangible of taking education more seriously if you are truly investing in it. Our system allows that in a much stronger way.

Pablo said:
Government doesn’t MAKE money, airhead. That’s a mighty big difference. You could say that the two things are not comparable.

A completely false argument made solely for the purpose of justifying increased budget deficits ….

The Real Royal King said:
A completely false argument made solely for the purpose of justifying increased budget deficits ….

Yeah, but it’s odd to see you admit what you were doing like that.

Two or so years ago Obama couldn’t spell leeder!
Now he be one! The Republicans who are “STILL” in the minority
continue to eat his lunch! And that’s a good thing!
How’s that Hopey, Changey, Thingy thing doing for y’all??
2012! YES!!

Chuck Denk said:
While I would have preferred expiration of the Bush tax cuts for those making over a million dollars a year, I’m inclined to accept Obama’s decision to extend the tax cuts for all. To have followed the Progressive’s request to have gambled for the possibility of no extensions would have backfired against the President. After all, Obama has to have support from more than the Progressive “base” to get reelected.

I don’t know if that’s true. I think there is a good way to make the GOP own the negative consequences.

All we’ve heard about for two years is what a problem the deficit and debt is. Why couldn’t we expect the millionaires to chip in a little but more during these hard times? I think the Dems and Obama , if they were willing to fight hard, could have successfully argued the problem of the debt and said the fiscally responsible thing to do was to reach a compromise that addressed both the debt and job creation. Then if the GOP still refused to compromise keep stressing that they are the ones willing to let the working middle class rates go up in order to protect millionaires. And hold the dam line, If they use unemployment as a a threat let them own that as well. Protecting tax cuts while denying help to those in need during a crisis.

With the proposed compromise we have more money going out with extended unemployment benefits without taking in any more money. How the hell does that address the reality of our ongoing fiscal crisis? Let’s add the interesting news that that the major banks have been making huge profits and were discussing when to hand out huge bonuses based on the tax rate. That’s the money we’re not taxing.

CosmosDan said:
I don’t know if that’s true. I think there is a good way to make the GOP own the negative consequences. All we’ve heard about for two years is what a problem the deficit and debt is. Why couldn’t we expect the millionaires to chip in a little but more during these hard times? I think the Dems and Obama , if they were willing to fight hard, could have successfully argued the problem of the debt and said the fiscally responsible thing to do was to reach a compromise that addressed both the debt and job creation. Then if the GOP still refused to compromise keep stressing that they are the ones willing to let the working middle class rates go up in order to protect millionaires. And hold the dam line, If they use unemployment as a a threat let them own that as well. Protecting tax cuts while denying help to those in need during a crisis. With the proposed compromise we have more money going out with extended unemployment benefits without taking in any more money. How the hell does that address the reality of our ongoing fiscal crisis? Let’s add the interesting news that that the major banks have been making huge profits and were discussing when to hand out huge bonuses based on the tax rate. That’s the money we’re not taxing.

Fact: You just have to love all the Kleptomaniacs on this site that wants to steal other peoples earning like it’s theirs to take!

The Real Royal King said:
What a pity our President decided to conspire with the Republicans to increase the deficit. A very bad move.

The Racist King doesn’t understand business, law, economics or polite discourse. What does the Racist King understand?

The Real Royal King said:
Well, Chris, Krugman is likely correct. The Japanese followed this pattern and ended up with the Lost Decade. They are still staggering. You obviously know very little about Sweden. The tax structure and social services structure are not at all comparable to the US. Job security, health care, childcare, education all continue without serious interruption. And, Sweden has a VAT. While a VAT is by design regressive, we can’t really claim there is anything remotely progressive about our income tax system. The VAT remains largely untouched. As for border security, please. Get into any EU country, and you’re into Sweden. You can even drive into Sweden from Denmark, which you can drive into from Germany, which you can drive into from Austria, which you can drive into from Hungary. Because of the complexity of the social services network, immigrants are detected much sooner than in the US. Who fed you this claptrap? Sounds like Limbaughesque krap. Exactly. My company doesn’t make more money because we increase revenues. It makes more money because we cut expenses. Geez! Do you roll stink bait for a living?

Sweden is reducing its social programs and its taxes on the wealthy. As for entering Sweden, if you can’t prove that you can support yourself while you are there and you don’t have a sponsor for your stay you are not going to be allowed to be more than a short term tourist. You, oh Racist King, should know a bit more about what you are spewing about. Since 1992 Sweden has cut back on it social programs and reduced its taxes. If you disagree offer facts since the stuff you spew just smells and doesn’t inform.

Just4thefax said:
Fact: You just have to love all the Kleptomaniacs on this site that wants to steal other peoples earning like it’s theirs to take!

Fact; I stopped valuing any of your posts quite some time ago.

It’s ignorant nonsense to equate allowing tax rate reductions to expire as stealing.

RichS said:
The Racist King doesn’t understand business, law, economics or polite discourse. What does the Racist King understand?

Hate.

RichS said:
Sweden

Since new labor migration laws came into effect in December 2008, Sweden is open to anyone who wants to work, regardless of country of origin. But before you pack up and leave home:
• you must have a job offer from an employer in Sweden;
• then, if you are not an EU/EEA or Swiss resident, you need to apply for a work permit;
• and, if you are going to work in Sweden for more than three months, you also need a residence permit.

A bit more involved than driving over the Oresund Bridge.