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Obama: Iíve got my pen ready to raise those taxes
Hot Air.com ^ | November 9, 2012 | ERIKA JOHNSON

Posted on 11/09/2012 4:29:48 PM PST by Kaslin

In case you missed it this afternoon (or, if you just didn’t want to watch it, in which case I sympathize), President Obama held his first post-election, fiscal-cliff, no-questions-please presser this afternoon, during which he iterated pretty much everything you’d expect.

Obama brandishes presidential pen as he calls for more taxes

National Journal sums it up:

Earlier on Friday, Speaker of the House John Boehner held his own press conference, implying that he was ruling out any tax hikes as part of a deal, via the NYT:

“It’s clear that there are a lot of special interest loopholes in the tax code, both corporate and personal,” he said. “It’s also clear that there are all kinds of deductions, some of which make sense, others don’t. And by lowering rates and cleaning up the tax code, we know we’re going to get more economic growth.” …

But Mr. Boehner said he has a mandate as well.

“There’s a Republican majority here in the House,” he said. “The American people re-elected a Republican majority, and I’m proud of the fact that our team in a very difficult year was able to maintain our majority.”

And I just know you’re curious about what House Minority Leader Nancy Pelosi thought about the whole thing, so here you go:

House Minority Leader Nancy Pelosi, D-Calif., responded to President Obama with a statement that the president “is exactly right – the American people voted on Tuesday for certainty for our economy and middle class families.”

“President Obama has his signing pen ready, and I am certain that, given the opportunity, Democrats in the House will vote to send the middle income tax cut to the President next week,” said Pelosi.

So, everybody’s geared up for the fight, and Senate Majority Leader Harry Reid affirmed his readiness to raise the debt ceiling to almost $19 trillion earlier this week — which is really awesome, since we’re set to hit around $20 trillion in debt by the end of Obama’s second term. I’m sure we can just keep delaying dealing with our debt, and delaying it, and delaying it, and delaying it…



TOPICS: Business/Economy; Editorial; Politics/Elections
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1 posted on 11/09/2012 4:29:49 PM PST by Kaslin
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To: Kaslin

(**&*&^*&@()Q()*__ to you, Mr. President.


2 posted on 11/09/2012 4:33:00 PM PST by madison10
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To: Kaslin

The Warlord in Chief wants MORE class warfare and Reid wants to borrow $2.4 trillion more.

These people are killing the USA.
http://confoundedinterest.wordpress.com/2012/11/08/vampires-werewolves-and-the-post-election-market-reaction/


3 posted on 11/09/2012 4:35:00 PM PST by whitedog57
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To: madison10

Obama spent all the money now he wants others to pay dearly.


4 posted on 11/09/2012 4:35:18 PM PST by FreedBird
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To: Kaslin

I have to agree with barry. The whats in for me crowd do want higher taxes, just not for themselves.


5 posted on 11/09/2012 4:37:40 PM PST by woodenickel
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To: Kaslin

Greece. On steroids.


6 posted on 11/09/2012 4:40:00 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Kaslin

Go ahead, then 100% blame goes to Obama. It’s going to happen anyway. We’re over the cliff, F it.


7 posted on 11/09/2012 4:40:23 PM PST by Huskrrrr
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To: Kaslin
If raising taxes is such a grand idea let's see if this guy is willing to have them raised on just Democrats first.

Bet he's not.

8 posted on 11/09/2012 4:42:11 PM PST by muawiyah
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To: Kaslin

He can take that pen, sit on it, and spin for all I care.

I don’t fear this man child. My future is assured. I didn’t need to be promised 72 virgins.

Someone died for me. That was my salvation.


9 posted on 11/09/2012 4:42:44 PM PST by DoughtyOne (Hurricane Sandy..., a week later and 47 million Americans still didn't have power.)
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To: Kaslin
The sight of this guy makes me want to puke!

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10 posted on 11/09/2012 4:43:06 PM PST by greenhornet68
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To: woodenickel

I say let what was agreed to by both parties in 2011 transpire-let ALL the Bush tax rates expire and let all the spending cuts take effect. Otherwise the agreement was a sham(shock!).


11 posted on 11/09/2012 4:44:22 PM PST by yadent
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To: Kaslin

Boehner will fold like a cheap lawn chair. Mark my words.
He doesn’t have the b@11$ to stand up to Zero.
Where the hell has he been for the past year? Has anyone heard anything at all out of him?
The Republicans helped get us here with their lack of anything resembling a spine.
Time for some real change. The republican party is finished.


12 posted on 11/09/2012 4:44:24 PM PST by mark3681
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To: greenhornet68

I know - I could barely stand to watch or listen to him (which I rarely ever did, and when I did, it wasn’t on purpose)the last 4 years...God only knows how I will be able to bear the next 4.


13 posted on 11/09/2012 4:47:36 PM PST by MasonGal
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To: Kaslin

Sure, do it. Higher tax rates means actual revenue falls, and then where will the money come from to pay off the zombie hordes?

I think we’ll get some shotguns for Christmas.


14 posted on 11/09/2012 4:55:14 PM PST by Tax-chick ("Build the America you want to live in at your address, and keep looking up." ~marron)
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To: Huskrrrr

Right on! Romney would have grief from the lame stream media if the economy went down. Let Obama own it. No more Bush to blame Mr. O.


15 posted on 11/09/2012 4:55:58 PM PST by Bronzy
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To: Tax-chick
Higher tax rates means actual revenue falls, and then where will the money come from to pay off the zombie hordes?

They're already spending $1.40 for every $1 in revenue.

Would spending $1.50 make any difference to them?

16 posted on 11/09/2012 4:57:44 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: DoughtyOne

And HE’S still in control


17 posted on 11/09/2012 4:57:56 PM PST by WKB ( Remember "Bush Lied and People Died" Now it's "People died and Obama Lied")
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To: mark3681
We voted in 2010 to STOP Obamacare. What did they do? Fund it?
18 posted on 11/09/2012 4:59:20 PM PST by Bronzy
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To: nascarnation

Eventually, the bubble has to pop. They always do. See Greece, for example.

However, lower revenue to government can’t be bad, in my opinion.


19 posted on 11/09/2012 5:00:12 PM PST by Tax-chick ("Build the America you want to live in at your address, and keep looking up." ~marron)
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To: Tax-chick

I agree on the pop.

I just wish I knew when and how it will happen so I could structure my investments to best survive. (other than the Kruggerrands I’ve got buried in the yard LOL)


20 posted on 11/09/2012 5:03:47 PM PST by nascarnation (Baraq's bankruptcy: 2016)
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