Skip to main content

POTUS Obama has said that he is open to other options to avoid the fiscal cliff.  Personally, I don't believe that going off the cliff is going to be as bad as main stream media makes it sound.  Also, I have my doubts that Obama really is open to other plans.  But if he is, here is a better fiscal plan with something for everyone.  If there is a smart Dem politician perhaps they should listen up.

1)Extend Bush tax cuts for everyone for one last year.  I don't like it, but it hasn't tanked the economy yet, so one more year shouldn't make a difference.
2)In exchange for extending those tax cuts, POTUS Obama gets total control over the debt limit during that time.  No more haggling over paying the bills.  Business will like that.
3)Take Boehner up on his offer to close loop holes and combine that with Obama's proposed tax cuts
4)POTUS Obama orders the FDA to remove marijuana from the controlled substance list
5)He submits a plan to tax and regulate marijuana such as I proposed here.

Now someone asked me the other day why now?  Because 2 states have legalized it and over 20 states have decriminalized it.  Because it is supported by both red state voters and blue state voters.  Because it is going to happen anyways due to interstate commerce issue.  BECAUSE WE NEED THE MONEY NOW!

Don't politicians realize that there are approximately one hundred million people in this country who would gladly pay more taxes?  POTUS Obama says his plan would raise 1.2 Trillion dollars over 10 years.  This plan would 1.2 TRILLION in possibly as little as one year.  And there is absolutely no political fallout from doing this.   Now I understand that there will be those that argue the numbers.  I base this on marijuana industry numbers versus government numbers (which I don't trust for good reason).   But even if it raises 1/10th of that in a year, it is still equal to the amount of $$ POTUS Plan is said to raise.  

However, there will be political fallout for not doing it.  The rhetoric will be..."Congressman XYZ let your taxes go up, while drug dealers pay NO TAXES!"...or "Senator ABC is cutting your entitlements (insert your favorite) while violent drug lords pay no taxes and still get benefits."    And it is true.....say something enough times does change people's thinking.  

Look this is going to happen.  It can happen legislatively or judicially.  But it is going to happen because the interstate commerce issue is going to force it.  Now POTUS Obama could be seen as a visionary leader who isn't afraid to make history making decisions.  Or he can be a wuss and leave it to the courts.  But if he leaves it to the courts, all that means is we go several years leaving the potential of a TRILLION DOLLARS ANNUALLY on the table.  We can no longer afford to support the failed policies of a paranoid president from the 60's.  It no longer makes financial sense.

Why??? Because 2 states have legalized it and over 20 states have decriminalized it.  Because it is supported by both red state voters and blue state voters.  Because it is going to happen anyways due to interstate commerce issue.  BECAUSE WE NEED THE MONEY NOW!

Look, everyone knows that pot is not a dangerous drug and surely should not be in the same category as cocaine or heroin.  For the POTUS to continue to publicly support this sham, he loses credibility.  

So Sieze the day!  This plan works for everyone.  And then in a year from now, we can revisit the tax cuts issue.  At that time we will have a better picture of the economic recovery and it will be the perfect time to make the GOP own it's policies.  If a year from now, we are not much better (which I highly doubt), then they are going to have to revisit raising taxes on the rich or pay the political price in 2014 elections.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (0+ / 0-)

    Visit the Iraq Memorial Quilt @ http://www.iraqmemorialquilt.com

    by pollchecker on Wed Dec 19, 2012 at 06:29:54 AM PST

  •  No, President Obama doesn't want suggestions for (0+ / 0-)

    a better fiscal plan. He is a proven liar now, therefore what he says should be taken with a whole warehouse of salt.

    As a matter of fact, I wouldn't trust his word at all. He's in it for his 1% buddies and proved it many times.

    I was a fool twice. There won't be a third.

    Hope has a hole in it when Republicans come, bringing shackles and sorrow; branding their greed on the backs of the poor. - Wendy Connors

    by Wendys Wink on Wed Dec 19, 2012 at 06:40:19 AM PST

    •  Always the optimist (0+ / 0-)

      I'm sorry.  No matter how bleak reality is, I still remain the eternal optimist.  I still give people the benefit of the doubt.  I still believe in things like kindness overcomes cruelty and education raises everyone's level to pursue happiness.  

      That said.....there is still time for POTUS Obama to be the real history maker of his time.  For me the question is.....who is stepping up to the table?  The lawyer working for the good of the people?  Or the politician?  

      My optimistic thinking is that since politics for him is no longer in the equation, he will do what makes sense for the nation and that he has learned the lessons of the past.  

      I sincerely hope and pray he has learned that sometimes no deal is better than a bad deal.

      Visit the Iraq Memorial Quilt @ http://www.iraqmemorialquilt.com

      by pollchecker on Wed Dec 19, 2012 at 07:12:17 AM PST

      [ Parent ]

  •  Math????????? (0+ / 0-)
    This plan would 1.2 TRILLION in possibly as little as one year.
    (1) I think you need a verb. It's customary.

    (2) OK, there are 310 million Americans. Let's round to 300 million just to make the math easier. That means you think your plan will generate $4,000 (revenue and savings) for every man, woman, and child in the USA, every year. Um, that's a lot of money. That's $16,000 for my family of 4. Before I'll believe those numbers, I'm going to need some kind of evidence. A link? Just one little link?

    (3) Don't get me wrong--I'm in favor of legalizing pot, partly because it should generate significant revenues and savings. But let's not claim it's a cure to all our fiscal problems. Extraordinary claims require extraordinary evidence.

    "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

    by HeyMikey on Thu Dec 20, 2012 at 04:05:46 PM PST

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site