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The stealth republican frontman, not fully unmasked after he dealt sweetheart, backroom deals to big pharma and health insurers, and misled his loyal supporters about his commitment to a public option to compete with said insurers, seems to be fully out in the open and portraying himself as who he actually is and what his actual agenda has always been.:
By Shailagh Murray
Saturday, December 4, 2010

...Efforts quickly shifted to negotiations that would temporarily extend the Bush-era tax cuts for all Americans, an outcome that seemed increasingly likely. The pair of nearly party-line votes - one to preserve the tax cuts for only the first $250,000 of family income, and the other for the first $1 million of income - also represented a final stand for Democrats as the session winds down and political posturing gives way to pragmatic dealmaking....

No threat by Dems to let all cuts sunset...the bottom 40 something percent pay no income tax, but Obama & Dems "cave"! Victory for top two percent. Bottom 80 percent will not even own 12.3 percent of all wealth.

Originally posted to host on Sat Dec 04, 2010 at 06:24 PM PST.

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Comment Preferences

  •  Well this should go well (5+ / 0-)

    I'm torn as to which is worse a teabagger or a left-tea.

    In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

    by jsfox on Sat Dec 04, 2010 at 06:36:07 PM PST

    •  The bottom 80 percent own 12.3 % of the wealth (2+ / 0-)
      Recommended by:
      Marie, parallaxblue

      Obama has either shown a commitment to reversing that wealth concentration trend or he hasn't. He hasn't, he isn't. Follow the money. The bottom 80 percent gain if all tax cuts sunset, four weeks from today. The bottom 80 percent will be less wealthy if Obama compromises on his most oft stated idea and commitment.

      There is no either, or. Either the wealthiest pay more, or they take a bite out of that last 12.3 percent of everything they don't already own. Is Obama helping them own more, or standing in their way? This isn't hard, yes or no?
      (bottom of page 32)

      " is possible to provide a partial update of the wealth figures to July 1, 2009 based on two notable developments....

      ...Trends in inequality are also interesting.... The share of the top 1 percent advanced from 34.6 to 37.1 percent, that of the top 5 percent from 61.8 to 65 percent, and that of the top quintile from 85 to 87.7 percent, while that of the second quintile fell from 10.9 to 10 percent, that of the middle quintile from 4 to 3.1 percent, and that of the bottom two quintiles from 0.2 to -0.8 percent. ..the share of households with zero or negative net worth, from 18.6 to 24.1 percent."

      •  you an idiot (2+ / 0-)
        Recommended by:
        wader, Bush Bites

        Care to explain to me how you a 40 year trend in two years? And if they all go away the spread stays the same

        In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

        by jsfox on Sat Dec 04, 2010 at 06:51:53 PM PST

        [ Parent ]

        •  jsfox, the only way to reverse wealth trend (5+ / 0-)

 to stick to commitment to sunset the Bush tax cuts of the top two percent. There is no inheritance tax at all, as of 2010. Do the math, the only way to defend the 12.3 percent remaining wealth share of the bottom 80 percent is to let all of the tax cut sunset for everyone, IF the alternative is to delay the tax cut sunset for everyone. The consequence of a compromise is further wealth concentration, with the initial consequence being more government borrowing.
          They need to hold the line against the influence of the wealthiest, but they can't because they answer to them and not to the rest of us!!

  •  Host? (2+ / 0-)
    Recommended by:
    second gen, abrauer

    Or parasite?

    Daily Kos: It's like high school, but with better beer and less making out.

    by turnover on Sat Dec 04, 2010 at 06:44:43 PM PST

    •  turnover, are you clueless? The truth (2+ / 0-)
      Recommended by:
      dharmafarmer, jim d

      will set you free, but you have to know it when you see it. A consequence of Obama being president is that the wealthiest are getting wealthier, the bottom 80 percent are losing a portion of the measly 12.3 percent of total wealth they still owned. This has happened, even as Obama won the presidency by the largest plurality in recent times. He and the Dems could have enacted law to cement Y2K taxes on the wealthiest 2 percent, 23 months ago. Why do you think they didn't do that? The answer is that they were never as committed to doing it as they claimed to be in their speeches.

      Watch what they do, not what they say, follow the money!

  •  Facts? (5+ / 0-)

    I suppose a two-paragraph diary, 50% of which is a cut-and-paste quote, would by definition be short on both facts and analysis.

  •  My tip jar was deleted...vandalism? (1+ / 0-)
    Recommended by:
    Succulent Filth

    Denial is not a river in Egypt. Wake up, the few who are still asleep. Obama is your opposition, not your political ally.

    •  How long have you been here? (0+ / 0-)
      •  Quite a while from his UID. (1+ / 0-)
        Recommended by:
        •  DKOS seniority does not preclude insightful (0+ / 0-)

          appraisal of who Obama actually works for and is beholden to, and following the money indicates he does not represent the best interests of the bottom 80 percent...he represents the interests of less than 43 million Americans, and the rest of us are on our own.

          I recognize it and accept reality, you refuse to....

          •  Yeah, but if you've been around for a while (2+ / 0-)
            Recommended by:
            second gen, bythesea

            you might understand that your tip jar is there and you just can't see it because it's been hide-rated.

          •  You're a testament to that. (0+ / 0-)

            DKOS seniority does not preclude insightful appraisal.

            Rand Paul- He won't let you down. His supporters won't let you up

            by second gen on Sat Dec 04, 2010 at 07:19:21 PM PST

            [ Parent ]

            •  Pres. Carter is on BOOKTV as I post (2+ / 0-)
              Recommended by:
              dharmafarmer, jim d

              He advised Obama to stick to his stated position of tax cut sunset for the top two percent. He advised Obama to stop looking for that impossible to obtain, republican support in house and senate votes...
              Even the best republican president ever...Bill Clinton, stood his ground and permitted republicans to realize their bluff to shut down the government...and it happened. Give them an inch, now, and we should let the RNC voter registration trucks roll right up to the DKOS front door and enroll the membership in the party....
              This is supposed to be a site of those in opposition to republican politics, but it doesn't resemble one.

    •  Nah. (6+ / 0-)

      Some assholes HR'd it because they disagreed with your opinion.

      It's the new thing here at Daily Kos.

      •  By the same token, man (1+ / 0-)
        Recommended by:
        Angela Quattrano

        You need to practice self-censorship here. There are many topics and opinions that are forbidden and cause people to gang up on you.

        Haven't you been reading the Diaries?

      •  What's the new thing? (0+ / 0-)

        Assholes?  Or HRing diaries?

        Just asking  ;)

        President Obama's chief adviser: "I go to bed early. I can't stay awake for the returns... I gotta get up, work out."

        by gooderservice on Sat Dec 04, 2010 at 07:34:13 PM PST

        [ Parent ]

        •  HRing Tip Jars (2+ / 0-)
          Recommended by:
          host, parallaxblue

          ...of regular Kossacks to express your disagreement with the opinions expressed in those Diaries.

          Started when Tip Jars appeared automatically to allow the community to alert management when a spam or derranged troll Diary was published, where the user needed to be immediately banned from the website.

          This power evolved assholes out of perfectly normal and good people. Possible this is triggered by a genetic defect in the brains of the individuals so inclined. It may be something they cannot help.

      •  As one of... (0+ / 0-)

        those assholes as you so civilly stated, that HRed this junk diary, I would like to know where do you get off pretending like diaries critical of the President are roundly hidden and silenced? Are you fucking kidding me? Nine diaries out of ten on this site are consistent, never-ending attacks. A few, like this one, go off the fucking deep end and, yes, are rightly HRed. You told this clown to censor himself downthread, as well, which begs the question...when is good faith, substantive critique of the man not enough? Are you so uncivil that you feel you would get HRed for saying what you really feel? Hmm. If that's true then that probably says more about you than this site, this diary, or the President.

         Just my two cents.

        No man undertakes a trade he has not learned; yet everyone thinks himself sufficiently qualified for the hardest of all trades, that of government-socrates

        by Socratic Method on Sat Dec 04, 2010 at 07:47:45 PM PST

        [ Parent ]

  •  Please tell us, O Great Diarist, (0+ / 0-)

    what happens in January with a Republican House, which must originate all tax bills, as well as a Congress that will have to debate Unemployment, START, DADT, and DREAM all over again.

    How will those votes go over in a Republican House?


    "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity." --M. L. King "You can't fix stupid" --Ron White

    by zenbassoon on Sat Dec 04, 2010 at 07:00:33 PM PST

  •  Some democrat (if there are any left in the Sen) (2+ / 0-)
    Recommended by:
    bincbom, host

    needs to filibuster any attempt at extending the Bush tax cuts.  This will do two things:

    1. force a cloture vote where Democrats vote to close a filibuster on one of their own


    1. force the Democrats who vote for extension of the tax cuts to become just as hypocritical as the Republicans about "pay-as-you-go"

    Time to start taking names for 2012.  I cannot believe that Feingold, Liarman, Nelson and Webb voted with Republicans to vote down the $250K limit for the tax cut extension and Feingold, Liarman, Durbin, Rockefeller and Harkin voted against the $1M limit.  Pure theater.

  •  diarist please go fuck yourself. (0+ / 0-)

    The best criticism of the bad is the practice of the better.

    by Zacapoet on Sat Dec 04, 2010 at 09:43:38 PM PST

  •  I wonder (0+ / 0-)
    If the House tax cut legislation had passed in the Senate yesterday, would Obama have signed it?

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