'Swindle of the year goes to Obama' [View All]

[Number23]

"Swindle of the year goes to Obama"
By CHARLES KRAUTHAMMER
Washington Post

"Barack Obama won the great tax-cut showdown of 2010 — and House Democrats don’t have a clue that he did. In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years — which just happen to be the two years of the run-up to the next presidential election. This is a defeat?

...No, cries the left: Obama violated a sacred principle. A 39.6 percent tax rate versus 35 percent is a principle? “This is the public option debate all over again,” said Obama at his Tuesday news conference. He is right. The left never understood that to nationalize health care there is no need for a public option because Obamacare turns the private insurers into public utilities. The left is similarly clueless on the tax cut deal: In exchange for temporarily forgoing a small rise in upper-income rates, Obama pulled out of a hat a massive new stimulus — what the left has been begging for since the failure of Stimulus I, but was heretofore politically unattainable.

...No, says the current buzz, the left will instead challenge Obama for the Democratic nomination. Really now? For decades, African-Americans have been this party’s most loyal constituency. They vote 9-1 Democratic through hell and high water, through impeachment and recession, through everything. After four centuries of enduring much, African-Americans finally see one of their own achieve the presidency. And their own party is going to deny him a shot at his own re-election?

Not even Democrats are that stupid. The remaining question is whether they are just stupid enough to not understand — and therefore vote down — the swindle of the year just pulled off by their own president."

Here is YET ANOTHER conservative beating Republicans in Congress up for the recent tax "giveaway" while getting in some jabs at clueless Dems in the process. It terrifies me that Krauthammer gets the extent of Obama's commitment and desire to help the lower and middle class while so many supposed liberals do not. I don't know what the hell this means, but this means something.