Republican House Speaker John Boehner’s has offered president Obama a proposal to generate $800 billion in new revenue. Obama rejected Boehner’s proposal in one hour flat because it does not go far enough in raising taxes on the wealthy.

Indeed, all Boehner proposed was closing loopholes. Yet, closing loopholes to raise $800 billion over ten years is too much for Tea-Party activists such as Senator Jim DeMint, co-founder of the Senate Tea Party caucus.

Bloomberg reports Republican DeMint Criticizes Boehner’s Deficit Plan.

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Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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MoreFreedom Wrote: Dec 07, 2012 11:42 AM
I disagree with Shedlock's analysis here (and I usually agree with him). Some Republicans were cocky about their chances in the election, but they still could have offered Shedlock's plan. The reason Republicans "flushed a golden opportunity down the toilet" is most of them prefer more government and more spending. It's what increases their power and wealth. They also believe they need the money from their fat cat friends to get elected, so they support the government favors (at our expense) for them to get their campaign cash.
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MoreFreedom Wrote: Dec 07, 2012 11:44 AM
I suppose I should point out this is contrary to their rhetoric about limited government, but they lie to voters to get elected first. Evidence? See the spending in Bush's term, and note that only 30% of the 2010 Tea Party class voted to eliminate the "green investment" program that gave us Solyndra, Abound Solar and other failures (unless you define success as getting Democrats more campaign cash from their billionaire owners).
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dkinson510 Wrote: Dec 06, 2012 10:14 AM
Give the Dems and the Americans what they voted for and get it over already! The Republicans can't win this in the arena of public opinion because the public goes along with whatever the media spin is, nor, from what I see, can they win with they win with their own party members.
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tncdel Wrote: Dec 05, 2012 7:23 PM
Boehner should be replaced by Tom McClintock as Speaker of the House. McClintock has proven that he has the cojones to stand up for America, unlike Boehner. Please listen to this video:
http://www.youtube.com/watch?v=PFIHdlqjoJM
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alej Wrote: Dec 05, 2012 7:04 PM
Mitt Romney blames election loss on Obama giving out free stuff to voters.

But didn't the Republican party pander to the corn belt with ethanol mandates and ethanol subsidies?
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alej Wrote: Dec 05, 2012 6:57 PM
Mitt Romney blames election loss on Obama giving out free stuff to voters.

But doesn't the Republican party pander to Wall Street with the George W. Bush, Hank Paulson, Ben Bernanke Republican $700 billion TARP bailout?
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Jerome49 Wrote: Dec 05, 2012 2:42 PM
Replace Boehner with Eric Cantor. Don't cave in to the Democrats. the Republicans should introduce a bill calling for an extension of the Bush tax cuts for everyone making less tha $200,000 a year and deal with with those making more than $200,000 under a separate bill. The Democrats keep saying they want to prevent a tax hike on the middle class so the Republicans should tell them to prove it by voting for their bill. Let them argue about taxes on those making over $200,000 in a separate vote.
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zim3 Wrote: Dec 05, 2012 2:21 PM
Boehner needs to be replace as "Speaker of the House" the Republicans need a leader with a backbone ,,,,,,,,,
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pamela247 Wrote: Dec 05, 2012 2:18 PM
Are you aware that there is still one last chance. The electoral College has yet to vote and will vote on Dec17. there is still time to contact your red states and demand that they refuse to participate in the process. Romney carried 24 states. We need to have conservative activists from all over to contact the electors, the Repub party and the secretary of statein all of these states and tell them not to participate in the electoral college vote. If there is no vote then the House of Representatives chooses the president. Fl is working on it as we speak.
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pamela247 Wrote: Dec 05, 2012 2:14 PM
Let's stop and this nonsense. We all know this is a game on both sides. Repub and Dems want you to think they are doing something. This is all a game for the American public so they can take our money and laugh at us all the way to the bank. It will soon come crashing down.
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dkinson510 Wrote: Dec 05, 2012 1:01 PM
Can some please help this simple minded woman and tell me how this differs from Romney's plan? I'm truly confused. Best wishes, D.S.
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Joshua170 Wrote: Dec 05, 2012 12:03 PM
I'd vote for Rand Paul, but can he win either the primary or the general?
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jvance Wrote: Dec 05, 2012 11:15 AM
As far as I am concerned the Republican Party is DEAD and gone, I am no longer supporting them.!!! the country need's to form a new party, and get rid of these political hacks that keep selling us down the river. I am real tired and fed up with their lying Phony BS.
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M1946W Wrote: Dec 05, 2012 9:57 AM
These assumptions might be true provided the theater we're watching has anything to do with reality. Frankly I suspect Obama is just using his bully pulpit and an adoring media to pursue his goal of discrediting and further weakening a GOP that is leaderless and in disarray. How far he is willing to go to achieve his goal of a socialist utopia is anyone's guess but my bet is he'll do whatever it takes. To many Democrats this is a win-win. They'll get vast streams of revenue (mostly from the middle class) to re-distribute to their crony clients and be able to blame Republicans for the bad.
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LonfromPen Wrote: Dec 05, 2012 10:58 AM
That makes the Democrats devilishly clever. After all they already passed a bill in the Senate that would extend the middle class tax breaks. So all Republicans would have to do to foil the plan you describe is to not block that bill in the house.

So your contention is that their strategy is to raise middle class taxes by getting Republicans to block the Democratic bill that would prevent that?
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sahlberg Wrote: Dec 05, 2012 9:18 AM
What the Dems and Rinos want to do is increase taxes on my employer and give the proceeds to all of the government's employees (with significant scraps falling to the crony capitalists and the non-productive). Why are the true believers in small government so incapable of explaining that raising taxes on someone's employer is going to hurt them more than their employer.
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John148 Wrote: Dec 05, 2012 8:31 AM
Ron Paul in 2016? If he's still alive, he'll be using a walker. How about Gary Johnson?
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Kurt114 Wrote: Dec 05, 2012 7:56 AM
Yes, Mr. Shedlock, I too would support Rand Paul for president. But the Republican establishment would not support him. They are too vested in this vile monetary/political system that is ruining our country. One fact of life I learned long ago is that the folks in charge do not want to change the system that put them in charge. The current system would have to be crashing before Little Paul would be supported by the Republican power structure. In other words, only if they had nothing to lose. Otherwise we will get another McRonmey.
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natch Wrote: Dec 05, 2012 7:47 AM
Senator Mike Lee would be a much better choice for 2016.
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johnm h Wrote: Dec 05, 2012 6:07 AM
Nothing changes. The dumb party and the evil party and everyone knows who is who.
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Michael Bowler (formerly Michael) Wrote: Dec 05, 2012 4:16 AM
Rand Paul would be fantastic...chances of him getting to the nomination, past the establishment, none.

Boehner hasn't the strategic understanding to win any fights, nor the intestinal fortitude. He should relinquish the speakership, but he's a selfish politician...
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jvance Wrote: Dec 05, 2012 11:19 AM
They all are
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