Our pressure on Congress to reject the President’s tax cut deal with the Republicans is working. From CNN only hours ago:
Defying President Obama, House Democrats voted Thursday not to bring up the tax package that he negotiated with Republicans in its current form. “This message today is very simple: That in the form that it was negotiated, it is not acceptable to the House Democratic caucus. It’s as simple as that,” said Democratic Congressman Chris Van Hollen.
Following the non-binding vote of the Democratic Caucus, Reuters newswire just reported this breaking news:
U.S. House of Representatives Speaker Nancy Pelosi will not bring President Barack Obama’s current proposed tax plan up for a vote in her chamber, an aide said on Thursday. The aide said Pelosi would require changes be made to the measure that most of her fellow House Democrats formally opposed by approving a resolution of opposition to it. The aide said: “She (Pelosi) will honor the resolution.”
Nancy Pelosi just rejected the horrible “compromise” that the Republican President Barack Obama made with the other Republican Party in Congress. Despite blather about the need to cut the deficit, the deal blows a huge hole in the deficit for no reason at all. It extends the insane Bush tax cuts for the rich for 2 years, but in all probability, they will become permanent after that. Those tax cuts are a neutron bomb blowing a hole in both the budget itself and in the US economy, increasingly dominated by an oligopoly. In addition, the Republicans forced through a cut in the Social Security payroll tax of 2 The deal also weakens the inheritance tax. Getting rid of the inheritance tax is a prime goal for the Republican Party and also apparently for the reactionary plutocrat Republican Barack Obama. This is an insane idea. The purpose here, supported by both plutocratic parties, is to shift the tax base off the wealthy, rent, stocks, bonds, the corporations (in many cases, unearned wealth) onto labor. This shift will be complete when the Republicans pass their outrageous Flat Tax which they are presently gunning for and the reactionary Republican Obama apparently approves of. The Flat Tax will complete the tax shift off wealth and onto labor and accelerate the transition of America to a neofeudal economy. The bill does extend unemployment for a full year, but it’s not worth it. I can’t believe Obama pushed this outrage. Apparently he’s triangulating. He’s is now overtly attacking his base and is reaching out to so-called moderates and independents. Moderates in the US are anything but. They are fiercely reactionary. What do you call someone who votes Republican half the time? What’s so moderate about that? It isn’t going to work. There is no compromising with these Congressional Republican thugs. Obama thinks he can compromise with these psychopaths and get them to like him. It’s like giving in to a bully. It doesn’t make the bully like you. He just disrespects you even more for being a wimp and not fighting back and it emboldens the bully who now thinks he can steamroll you anytime he wants. Obama has completely alienated his own base, many of whom have turned on him and are crying for blood. Thousands of his former volunteers are saying they will never work for him again, nor will they vote for him. Democratic base blogs are full of anti-Obama rage and hatred. On these blogs, Obama supporters used to be quite common, now they are increasingly rare. Even DailyKos, the ultimate Democratic Party base blog, is turning on Obama. Many of the diarists who were his biggest supporters have hung up their shingle and called it a day. So… The Republicans hate Obama. Increasingly, the Democratic base, at least the progressive section, hates Obama. Obama is trying to get the support of moderates and independents, but they only make up 7