Monday, December 17, 2012

Boehner caves...and caves again (UPDATE)

Not sure if I should refer to this as a cave-in or a collapse? Definitely heading towards the latter. Unsurprisingly, and quite predictably, John Boehner, the feckless so-called Republican Speaker, has not just caved once over the weekend, but twice...and who knows how much more is to come.

On Saturday, officially breaking his Pledge to America, Boehner offered Obama a proposal for a millionaire tax hike (just what it sounds like, raising the top marginal rate on anyone making a million or more), which Obama still hasn't accepted (and likely won't). And this is called 'progress' by the media intelligentsia.

Then on Sunday, Boehner made further progress, offering a concession on the debt limit, pushing any fight over that off for a year; and with it, erasing any leverage Republicans had in the budget battle. Brilliant strategy, you numbskull.

Monday morning, Boehner had another secret meeting with Obama. This is the latest in a series of behind-closed-door talks. Who knows what the guy is conceding in that vacuum...

As Sweetness&Light so accurately articulates, "...what a cave on all fronts. And yet Obama still won’t take yes for an answer. He will still want more. And why not? Look at all Obama has gotten without giving up a thing." Precisely. Likewise, theRightScoop presents a similar sentiment, definitely one shared by this site:

We all knew this day was coming. Boehner is now conceding that Republicans will vote for a tax rate increase on those making more than 1 million as well as raising the debt ceiling for another year, but he’s still demanding 1 trillion in entitlement cuts... Boehner will give in on the entitlement cuts before too long as well. It’s just a matter of time before he sells out the Republican Party completely.

There can be no more question about the need to depose the so-called leader of the one branch of government that holds control over the purse-strings. Neither can it be more obvious that the man is well in over his head when it comes to negotiating with a statist regime. At this point, he's utterly enabling.

UPDATE: Well, it looks like our Legislator-in-Chief and feckless Speaker (who's actually supposed to be a legislator) are getting closer to a deal that really won't scratch the surface of solving our fiscal problems. The Great Obama is willing to increase his $250,000 threshold to $400,000 (how gracious), supposedly offering $1.2 trillion in tax hikes and an identical level in spending cuts (yeah, who are they kidding?)...all over the usual 10 year stretch, as if that's gonna get our fiscal house back in order. What a farce...