Bruce: Further evidence that Barack Obama IS the smartest man in the room.
IF YOU READ ONLY ONE THING - Charles Krauthammer, "Swindle of the year: How
Obama snookered the GOP into a second stimulus": "Barack Obama won the great
tax-cut showdown of 2010 - and House Democrats don't have a clue that he
did. In the deal struck this week, the president negotiated the biggest
stimulus in American history, larger than his $814 billion 2009 stimulus
package. It will pump a trillion borrowed Chinese dollars into the U.S.
economy over the next two years - which just happen to be the two years of
the run-up to the next presidential election. This is a defeat? If Obama had
asked for a second stimulus directly, he would have been laughed out of
town. ... And yet, despite a very weak post-election hand, Obama got the
Republicans to offer to increase spending and cut taxes by $990 billion over
two years. ...--"While getting Republicans to boost his own reelection
chances, he gets them to make a mockery of their newfound, second-chance,
post-Bush, Tea-Party, this-time-we're-serious persona of debt-averse fiscal
responsibility. And he gets all this in return for ... a mere two-year
postponement of a mere 4.6-point increase in marginal tax rates for upper
incomes. ... Obama's public exasperation with ... infantile leftism is ...
politically adept. It is his way back to at least the appearance of centrist
moderation. The only way he will get a second look from the independents who
elected him in 2008 - and abandoned the Democrats in 2010 - is by changing
the prevailing (and correct) perception that he is a man of the left. ...
The remaining question is whether [Democrats] are just stupid enough to not
understand - and therefore vote down - the swindle of the year just pulled
off by their own president."
Richard O. Schwab
830 Congress Ave.
Glendale, Ohio 45246
H.513-771-4397
M.513-470-4599
Richard O. Schwab
830 Congress Ave.
Glendale, Ohio 45246
H.513-771-4397
M.513-470-4599
