TYT - Obama Going Back on Biggest Campaign Promises

Obama senior adviser David Plouffe says Obama is going to cut entitlements, and not raise taxes on the rich.
radxsays...

Cenk mentioned a possible raise of the Capital Gains rate in almost every one of his comments regarding the grand bargain since the election. The gist of it: raising it to the low twenties is window dressing.

Whether he's right or not remains to be seen. And they don't claim to be balanced, they claim to be objective and fact-based.

bmacs27said:

This is why I hate Cenk. Way to be "fair and balanced." How about the Capital Gains rate they are talking about hiking?

Fletchsays...

Not fear. Anger. And he's absolutely right. Obama is a weakling and a pushover, and I didn't vote for him this time (no, I didn't vote for Mitt either), not after seeing how easily he folded during his first four years. No stones, and he's barely a Democrat, much less, Progressive. Gives a damn fine speech, though, doesn't he?

We'll see...

Edgeman2112said:

Cenk, you succomb to what all old uneducated people succomb to: fear. Plouffe spoke broadly and suddenly the world ends. You're no better than Savage, Oreilly, or Beck.

quantumushroomsays...

You lefties have nothing to worry about. There is no such thing as federal mafia 'spending cuts', it's a myth.

And under taxocrat rule--SURPRISE!--taxes ARE going up, and already have.

You should see the list of new obamacare taxes ready to pounce, I only wish they hit all at once, so you could feel the full effect of your folly.

As for "punishing" the rich, won't happen. Higher tax rates do not equal more revenue. The smart money left town long ago. I don't blame anyone, liberal or not, for investing in other countries or keeping their money in low-yield non-taxable investments.

You and me on the other hand, still need jobs...

messengersays...

They'll tolerate it and even support it as long as this kind of reporting stays out of the mainstream media. Information isn't just power, these days, controlling information means near-absolute power.

CreamKsaid:

This sounds unbelievable.. Sounds like something very sinister is happening in the US.. The people can't tolerate this for long, i just wonder if it's too long.

alien_conceptsays...

And if the Republican's plans hit all at once, people would still see everything go to shit. That's your whole problem in a nutshell. Nothing or no one is going to be a better way of governing. Everything is fucked, you're just clinging on for dear life (as are the UK). Tell you what though qm, I'd much rather think my taxes are going to help the people who need it, before the shit hit's the fan.

quantumushroomsaid:

You lefties have nothing to worry about. There is no such thing as federal mafia 'spending cuts', it's a myth.

And under taxocrat rule--SURPRISE!--taxes ARE going up, and already have.

You should see the list of new obamacare taxes ready to pounce, I only wish they hit all at once, so you could feel the full effect of your folly.

As for "punishing" the rich, won't happen. Higher tax rates do not equal more revenue. The smart money left town long ago. I don't blame anyone, liberal or not, for investing in other countries or keeping their money in low-yield non-taxable investments.

You and me on the other hand, still need jobs...

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