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Obama´s Ruinous Course
Wall Street Journal, by Daniel Henninger

Original Article

Posted By:Desert Fox, 12/5/2012 10:13:57 PM

A wise judge once wrote in dissent that the Constitution is not a suicide pact. Let us now extend that wisdom to presidential elections. Barack Obama says his election victory is a mandate to pursue the policy course he´s insisting on in negotiations with Republicans on the fiscal cliff. He wants a tax increase of $1.6 trillion, $50 billion of new and immediate stimulus spending and the end of congressional approval to raise the ceiling on U.S. debt—the debt that a ratings agency downgraded in 2011. The campaign stump speech in which Mr. Obama demanded that

  

Post Reply  

Reply 1 - Posted by: Scribelus, 12/5/2012 10:25:37 PM     (No. 9050770)

So be it! Obama´s Ministry of Truth will cover up his profound and abysmal failure for a time, but the advancing disaster of his foul policies will eat at his support within 2013. 2014!


Reply 2 - Posted by: LanieLou, 12/5/2012 10:58:54 PM     (No. 9050798)

Go for the cliff; The problem isn´t having an agreement... the problem is Not having a budget!

Someone has to adhere to the constitution & produce a balanced budget!

Obama has never had to manage within a budget... ever! So he gets to make up phoney baselines... and they always exceed revenues.

Balance the Budget or Go Home!!!!!


   

 

  


 
Reply 3 - Posted by: STLstudent, 12/6/2012 12:44:34 AM     (No. 9050885)

America is on its death bed.


Reply 4 - Posted by: Phil_hk, 12/6/2012 3:50:22 AM     (No. 9050937)

I agree with #2

Balance the budget or go home.


Reply 5 - Posted by: Happy Trails, 12/6/2012 4:08:32 AM     (No. 9050939)

A fool and his money are soon parted. American voters play the fool for this hateful, creepy, little troll of a president. Ruin in his wake pleases him greatly, and he is getting good at it.


Reply 6 - Posted by: pineledger, 12/6/2012 6:55:51 AM     (No. 9051042)

Good morning, 5. I agree.


Reply 7 - Posted by: sagman, 12/6/2012 7:02:07 AM     (No. 9051057)

JAY CARNEY: Sir, even our media lackeys are grumbling about your Hawaiian family holiday in the midst of the budget crisis.
DAVID AXELROD: The optics would be bad, Mr. President.
OBAMA: Fine. I’ll go alone. Michelle and the kids’ll stay home until the Republicans cave. Jay, call Abramson at the Times. I’ll want an editorial ready about the first family held hostage by GOP intransigence. Tim, any movement from Boehner?
GEITHNER: He’s agreed to a 92% rate on people making over $11,000; confiscation of the assets of millionaires and billionaires, with waivers for Buffet, Spielberg, Soros, and a few others; a national air breathers’ fee; and a pledge that the House will pass whatever the Senate sends him.
OBAMA: Pathetic. Jay issue a statement in my name: ´´Republicans have yet to present a serious proposal to avoid fiscal calamity.´´


   

 

  


 
Reply 8 - Posted by: a man over thirty, 12/6/2012 7:49:23 AM     (No. 9051133)

I´d laugh sagman, except that sounds like Obama´s dream and true intent - America destruction.


Reply 9 - Posted by: Arby, 12/6/2012 8:01:18 AM     (No. 9051149)

Arrogance and incompetence are always a dangerous combination.


Reply 10 - Posted by: Felixcat, 12/6/2012 8:09:46 AM     (No. 9051160)

But Mr. Henninger, he won (again)...

One thing I will critique the Romney/Ryan campaign about is their failure to explain to the public that why are some rich folks evil and others are not? Why is an investor like Buffet good but Romney himself bad? Why are Hollywood celebrities and athletes who make gazillions of dollars good but a highly trained medical doctor or surgeon bad?


Reply 11 - Posted by: LZK, 12/6/2012 8:18:21 AM     (No. 9051178)

obama never wanted a "deal" -- he gets all he wants when WE go over the cliff....

So -- let the chips fall. Those of US who have survived hitler and stalin and castro -- will survive obama.....

The young demorats will have to suffer a bit more before they understand the danger of their messiah. Until then -- all WE conservatives can do -- is think locally and survive.... The republicans will get blamed for the tax increases that obama is sliding in through the back door. Nothing WE can do about it -- but -- hold on till everyone gets fed up.....enough to march on Washington DC...

LZK


Reply 12 - Posted by: Holeymoses, 12/6/2012 8:21:56 AM     (No. 9051189)

Obama would have made a great leader for a barbarous African State.


   

 



 
Reply 13 - Posted by: Donna M, 12/6/2012 8:26:03 AM     (No. 9051201)

Boehner, McConnell and Ryan (yes I put him here too) are just toying with us. They are in on this gag. While I suspect that this crisis is partially ginned up (versus the real proxy war going on in Syria which is about to blow), this has the potential to put us into a real depression.

The most effective strategy would be an end run--insist on the Simpson-Bowles committee findings. ´This was your committee, Mr. President, and we are going with it." End of discussion, and then state the Congress is going out of session in X days.

It´s so obvious, and I´m hardly the first to state it. But Boehner and company are in on the deal to ruin this country. Why Ryan, if he really has some B****, doesn´t lead a revolt against this Speaker, is beyond me.


Reply 14 - Posted by: maryc, 12/6/2012 8:54:03 AM     (No. 9051238)

Sheep will follow their leader even if they go over a cliff. Those who voted for obama thinking he will take from the rich and give to the poor will be sad when they realize he´s already spent the money he promised them . In spite of what obama says about the rich there is an end to the money and the free ride. But the good news is obama promised equality. We will all be equally starving.(except obama and soros) Credit card ´denied´!


Reply 15 - Posted by: Eheu Fugaces, 12/6/2012 8:59:57 AM     (No. 9051247)

Bring on the automatic sequester! If the mess we´re in now is a sample of the best Obama and Congress can do, then a sequester is preferable. Yeah, I know, it would severely restrict funds to our military; but on the other hand, that would sort of cripple Obama and Comrades´ program to intervene in Egypt and continue the installation of radical Islam in North Africa and the Middle East.


Reply 16 - Posted by: Felixcat, 12/6/2012 9:01:02 AM     (No. 9051252)

MOre like lemmings going over the cliff. And they can take Dear Leader with them.


Reply 17 - Posted by: privateer, 12/6/2012 9:14:10 AM     (No. 9051282)

Wouldn´t be prudent. The Country Club frowns on rude behavior against a senior member.


   

 

  


 
Reply 18 - Posted by: BaseballFan, 12/6/2012 10:07:54 AM     (No. 9051410)

Does anyone know the name of the company that supplies ink to the Fed´s printing presses?

I´m thinking of going long on that company...

/s off/


Reply 19 - Posted by: Barbarian Heretic, 12/6/2012 11:31:52 AM     (No. 9051672)

there simply is NO OTHER circumstance by which we will get serious across-the-board spending cuts. Embrace the Cliff.


Reply 20 - Posted by: Yephora, 12/6/2012 12:30:00 PM     (No. 9051896)

Very good #7 and not far from the truth.


Reply 21 - Posted by: KsGirl101, 12/6/2012 12:40:36 PM     (No. 9051919)

I´m with you Barb. Over the cliff we go. I´m smart and resourceful. As is the rest of my family. We´ll survive and see to our friends and community. And that´s all. About the only thing I´m willing to donate to anymore are ammo shipments to Chicago.


Reply 22 - Posted by: gone2pot, 12/6/2012 1:59:17 PM     (No. 9052064)

Rush nailed it. In less than one year, the country and the world will view tax cuts and spending reductions as the cause of any and all economic downturns including high unemployment. The GOP is walking right into it and will do their standard brave procedure which of course is fall down, roll over and soil themselves, claiming victory.


   

 



 
Reply 23 - Posted by: suncitypro, 12/6/2012 10:03:01 PM     (No. 9052794)

If you know how to pray, now would be a great time to get started. I have no idea what else to do. It seems that my messages to congressmen and senators is not working, so I´m going over their heads--so to speak.
Perhaps He can put some steel in the pubbies backbone.



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