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How President Obama Lost His Shirt to John Boehner
Forbes ^ | 1/29/2013 | Ralph Benko

Posted on 01/29/2013 8:52:31 PM PST by TheRhinelander

The House, under the leadership of Speaker John Boehner, has precipitated a postponement in the debt ceiling fight until May. This represents a strategic choice by Boehner to make the Sequester fight, not the debt ceiling fight, the next major engagement. Much of the mainstream media now is accusing Congress of “kicking the can down the road.” They are missing the strategic implications.

In retrospect, at the Battle at Fiscal Cliff, Boehner took President Obama to the cleaners. He did it suavely, without histrionics. While Obama churlishly, and in a politically amateurish manner, publicly strutted about having forced the Republicans to raise tax rates on “the wealthiest Americans” Boehner, quietly, was pocketing his winnings.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy
KEYWORDS: 113th; bho44; boehner; economy; obama
Freepers would be well advised to read this and fully understand it.
1 posted on 01/29/2013 8:52:38 PM PST by TheRhinelander
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To: TheRhinelander

’ LOL ‘


2 posted on 01/29/2013 8:59:21 PM PST by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
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To: TheRhinelander
Boehner may prove himself to be the guy big enough and smart enough finally to engineer something that eluded even the great Reagan: pushing federal spending onto a downward trajectory.

Reagan's deficits were about $250b a year. Obama's deficits have averaged $1.2t. Getting spending down a smidgen from Obama's gargantuan levels might be a political feat, but financially-speaking it's a drop in the bucket compared to the staggering size of Obama's deficits.

3 posted on 01/29/2013 9:02:16 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: TheRhinelander

Right. We will see if this works out as planned. Will the RATs roll over when the sequester hits the welfare state?


4 posted on 01/29/2013 9:04:22 PM PST by Oldexpat
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To: Zhang Fei

Very true.


5 posted on 01/29/2013 9:05:14 PM PST by TheRhinelander
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To: TheRhinelander

Oh please, these two maroons are passing choomnesia between themselves.


6 posted on 01/29/2013 9:08:09 PM PST by quantim (Victory is not relative, it is absolute.)
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To: TheRhinelander

This should really be in the editorial section. I was somewhat surprised that Obama went for the deal, given the sequestration is still in play.


7 posted on 01/29/2013 9:08:24 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Oldexpat

Chances are they will not. I know one thing, Special Operations stands to lose $1 billion with the cuts. Not good.


8 posted on 01/29/2013 9:08:51 PM PST by TheRhinelander
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To: TheRhinelander

Yes, a view the media won’t allow people to see. Including Freepers LOL!

If the RINOs Boehner has coddled so long don’t stab him in the back this could be a very productive session.

We’ll see.


9 posted on 01/29/2013 9:08:51 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: TheRhinelander
I've read it and understand it to be the fantasy that it is. There is no way that slowing the growth of the deficit the small amount we did can be called a “victory.” We are accelerating down the dark hole. The bottom is more rapidly approaching every minute. There will be a splat.

Just my opinion.

Oldplayer

10 posted on 01/29/2013 9:12:32 PM PST by oldplayer
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To: TheRhinelander

Thank you for posting this.

Boehner may redeem himself if this proves true. I can hardly believe how silence was key on the part of the R’s.

You realize Boehner & Co had to hold their fire until the whites of their eyes, and then BOOM, Obama had to squeal out, “we didn’t really mean it on that sequestration business”.

Priceless! Good on Boehner. Historic actually. The article speaks for itself on the ground shifting, if it works the rest of the way.


11 posted on 01/29/2013 9:22:10 PM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: TheRhinelander

I’ll be impressed when they stop stealing money from our grandchildren.


12 posted on 01/29/2013 9:22:51 PM PST by Psycho_Bunny (Thought Puzzle: Describe Islam without using the phrase "mental disorder" more than four times.)
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To: RitaOK

Glad I’m not the only one to see the silent ground shift. The sequester negotiations are going to be interesting. People don’t realize how detached Obama is in these negotiations. He’s an amateur and it will bite him again. Valarie Jarrett runs the WH, not Obama.


13 posted on 01/29/2013 9:25:23 PM PST by TheRhinelander
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To: TheRhinelander

The only part I definitely agree with is that nothing in politics ever turns out like you think it will (kind of like the stock market).


14 posted on 01/29/2013 9:26:42 PM PST by steve86 (Acerbic by Nature, not NurtureĀ™)
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To: TheRhinelander
Very interesting article. There's no question that making the Bush tax cuts permanent and fixing the Alternative Minimum Tax trap were huge victories - and I still can't believe that Obama agreed to those. I just hope the rest of the article comes true, and that the GOP House let's the Sequester do its work.

And fear not, fellow Freepers. The Defense Department is just as drunk on excess cash as the rest of the federal government, wasting tens of billions on programs that have absolutely nothing to do with defense. The Pentagon is bloated with tons of disgusting fat, and needs to go on a diet along with the rest of Washington.

15 posted on 01/29/2013 9:29:12 PM PST by Always A Marine
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To: RitaOK

Glad I’m not the only one to see the silent ground shift. The sequester negotiations are going to be interesting. People don’t realize how detached Obama is in these negotiations. He’s an amateur and it will bite him again. Valarie Jarrett runs the WH, not Obama.


16 posted on 01/29/2013 9:30:19 PM PST by TheRhinelander
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To: TheRhinelander

“I know one thing, Special Operations stands to lose $1 billion with the cuts.”

I disagree... With Obama as the CIC, the military need to be starved too. We don’t need to spend tax money on Obama’s military objectives, which only support his fellow Muslims.

The military, with Obama in charge, will not take actions that are in the best interest of this country.


17 posted on 01/29/2013 9:31:17 PM PST by babygene ( .)
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To: babygene

While I do agree with you, the cuts would be best felt elsewhere in the military. We get the best bang for our buck with special operations.


18 posted on 01/29/2013 9:33:33 PM PST by TheRhinelander
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To: TheRhinelander

The big problem with this quiet poker playing is that the investment money is still on the sidelines, the big players are not investing and unemployment remains stuck on high. Perception is reality and the bigger reality is that we are way over-regulated, over-taxed and under the crunch of debt servicing that only continues to grow. This deal may help to set up a solid mid-term fight, but the next 2 years are very rough. Boehner needs to give the conservatives more, not less visibility in this session. They need to change the public’s perception of the difference between Obama and conservatism. Only conservatives can put a strong voice to this.

I did like that the payroll tax funding was restored to its previous level and gave the middle class and especially low-information voters the pinch of a Democrat driven tax hike. That was an Obama ploy hidden as a tax cut and Boehner was smart to let the democrats ‘own’ that tax increase.


19 posted on 01/29/2013 9:41:20 PM PST by untwist
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To: TheRhinelander

“We get the best bang for our buck with special operations.”

Isn’t it special operations that are helping the Obama Brotherhood in Syria and Africa?


20 posted on 01/29/2013 10:01:54 PM PST by babygene ( .)
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To: babygene

I agree with you. Too much money for too many social experiments. And as demonstrated in the Libya incursion, Obama doesn’t believe in the War Powers Act.


21 posted on 01/29/2013 10:04:29 PM PST by untwist
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To: Oldexpat

IF by roll over you mean shut off the EBTs and blame whitey, then yes.


22 posted on 01/29/2013 10:08:56 PM PST by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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To: TheRhinelander

Obama appears aloof and deluded. Having been abandoned as a boy, he has a seething rage that makes it hard to deal effectively with his peers. He would be a far better dictator than president.


23 posted on 01/29/2013 10:10:31 PM PST by The_Media_never_lie (Actually, they lie when it suits them! The crooked MS media must be defeated any way it can be done!)
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To: babygene

That’s CIA.


24 posted on 01/29/2013 10:10:42 PM PST by TheRhinelander
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To: All

The one thing FR generally misses about the Sequester is it is 1/2 DoD and 1/2 Domestic Discretionary. The domestic programs are hit just as hard.

These are significant numbers. 1.2T over 10 years divided among the two. That’s 600B from each or about 60B/year.

That’s “fiscal drag” on GDP to the tune of about 0.8% PER YEAR for the next ten years.

And this is not the ball game. The Continuing Resolution will result in additional spending cuts and yes, maybe tax increases, and BOTH are drags on GDP. So the headwinds on GDP this year (with Q4 2012 GDP slated tomorrow to come in well south of 2%) almost guarantee recession.

But no one really is noticing it.


25 posted on 01/29/2013 10:22:09 PM PST by Owen
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To: TheRhinelander

.


26 posted on 01/29/2013 10:22:49 PM PST by skinkinthegrass (who'll take tomorrow,spend it all today;who can take your income,tax it all away..0'Bozo man can :-)
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To: TheRhinelander

“We get the best bang for our buck with special operations.”

Isn’t it special operations that are helping the Obama Brotherhood in Syria and Africa?


27 posted on 01/29/2013 10:35:49 PM PST by babygene ( .)
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To: TheRhinelander

>> Glad I’m not the only one to see the silent ground shift

Not for nothing, but Boehner is pathetic. What is it specifically that’s inspiring you?


28 posted on 01/30/2013 1:04:08 AM PST by Gene Eric
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To: Always A Marine

It didn’t make the Bush tax cuts permanent, though. Not on the upper earners, at least, which was the big Dem push in the election. The rest are merely not sunsetted anymore, is all and they absolutely WILL raise those taxes again. With our debt and economic growth it is a fait accompli.

Meanwhile Pubs caving on sequestration is an inevitability, as well. Threatened defense cuts turn them into gimme, gimme, gimme libs.


29 posted on 01/30/2013 4:07:59 AM PST by Tublecane
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To: TheRhinelander

Dick Darman called it a ‘victory’ when he convinced Bush Sr. to reverse his No-New-Taxes pledge and increase taxes in exchange for ‘future’ spending cuts (LOL).

No doubt Mr. Darman thought it was a victory, right up to that moment in November 1992, when the first results showed that Bill Clinton had won Georgia.


30 posted on 01/30/2013 4:47:30 AM PST by BobL
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To: Always A Marine

“And fear not, fellow Freepers. The Defense Department is just as drunk on excess cash as the rest of the federal government, wasting tens of billions on programs that have absolutely nothing to do with defense. The Pentagon is bloated with tons of disgusting fat, and needs to go on a diet along with the rest of Washington. “

And you will be there to assure the country that ONLY wasted money gets cut....

Right.


31 posted on 01/30/2013 4:49:03 AM PST by BobL
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To: The_Media_never_lie
He would be a far better dictator than president.

More comfortable as a dictator perhaps. What is a "better" dictator?

32 posted on 01/30/2013 4:55:03 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
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To: Always A Marine
The Pentagon is bloated with tons of disgusting fat, and needs to go on a diet along with the rest of Washington.

You're unquestionably correct, but that "disgusting fat" will keep on trucking while the BCTs get cut back and the front-line equipment repairs suffer greatly. Why? Because the people who are in charge wanted that "disgusting fat" in place to begin with.

33 posted on 01/30/2013 4:55:31 AM PST by Future Snake Eater (CrossFit.com)
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To: TheRhinelander

I hope this is even halfway right.


34 posted on 01/30/2013 7:25:54 AM PST by yldstrk (My heroes have always been cowboys)
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To: TheRhinelander

You point out something important, of Obama’s detachment. For once, it truly bit him in the netheregion and it worked in our favor to help keep our side quiet, long enough to beat the clock and the calendar.

Just a great article. Forbes reporting rocks. And, it’s nice to see Obama hit the rocks so soon after crossing the rubicon on arrogance and bluster.


35 posted on 01/30/2013 7:30:23 AM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: untwist
I did like that the payroll tax funding was restored to its previous level and gave the middle class and especially low-information voters the pinch of a Democrat driven tax hike. That was an Obama ploy hidden as a tax cut and Boehner was smart to let the democrats ‘own’ that tax increase.

That, combined with the unions screaming about the increase in their health care costs under Obamacare, could be a GOOD thing for the 2014 elections, if the Republicans decide to grow a collective SPINE!

36 posted on 01/31/2013 7:36:42 PM PST by SuziQ
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