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COMMUNITY PUNDITS
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DrObvious 11:39 AM on 11/28/2012
In the past 2 decades,   the vast majority of Americans have gained no purchasing power at all.

Nearly all of the productive gains in our economy were handed to the top few percent - who did not earn all of those gains created across us all,  but they took them because they could, with rigged corporate boards and willing Congressional sychophants

meanwhile we also cut tax rates  Read More...
06:18 PM on 11/28/2012
Finally a republican willing to do the right thing. You tell them Cole....
lancelot1954
Understanding Incentives is critical
01:48 PM on 11/29/2012
Don't you think we should just take all the riches money?
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Joyce Otway
Health Care Convenor
06:04 PM on 11/28/2012
Cole is the only ADULT in the room the others are rompers in the room .
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graceaustin
08:32 PM on 11/28/2012
Cole has had a change of heart. He'll go along with the others.
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smp276dp
free us from the craziness
10:32 AM on 11/29/2012
well said.
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moniex3
Trapped in a Red State
06:04 PM on 11/28/2012
And another one breaks the rank and file Republicans... interesting?
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highercalling
Once more unto the breach
05:59 PM on 11/28/2012
Democrats generally don't like to talk about this out loud, but if they got exactly what they're demanding -- if, in other words, the House today passed the Senate bill preserving tax breaks on income up to $250,000 -- they'd suddenly find themselves in an unexpected and slightly awkward position.

Yes, they'd get nearly $1 trillion in new revenue over the next decade, without seeking a penny from the middle class, but Democrats (a) would still be short of Obama's goal of $1.6 trillion in new revenue and with no avenues to get there; (b) would still have the sequester to fight over; (c) would have none of the stimulative measures in place they'd like to get from the fiscal talks; (d) would still have a debt-ceiling crisis on the horizon; and (e) would have lost their leverage, having already won the tax fight.

In other words, if the fight over tax rates were wrapped up this week, and Democrats got exactly what they wanted, the next round in the larger fight would begin immediately, and Obama and his allies would find themselves in a tough spot: trying to strike a deal on the sequester, the debt ceiling, and debt reduction without many cards left to play.
08:58 PM on 11/28/2012
I agree 100% but does the GOP get it....I wonder; they should have went along with tax hikes for the top 1% long before the election and they would be controlling both houses and maybe have the white House.
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smp276dp
free us from the craziness
10:33 AM on 11/29/2012
A little bit of something, is better then a whole lot of nothing.
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highercalling
Once more unto the breach
05:59 PM on 11/28/2012
Cole, whom no one would fairly characterize as a moderate, added, "I don't believe in holding the American people hostage to this debate. Let's get what we can now, then go back and try to get the rest. Where there is common ground with the president, we should seize that common ground."

There are multiple angles to this, including the fact that probably none of Cole's far-right colleagues is likely to go along with the idea, but there's more to the Oklahoma Republican's suggestion than meets the eye. Indeed, Cole's offer very likely has less to do with magnanimity and more to do with shifting the leverage in the larger fight.
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defeatwallstreet
Social worker mom of two
07:47 AM on 11/29/2012
The GOPers don't care about the American people.
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smp276dp
free us from the craziness
10:35 AM on 11/29/2012
That is almost true. They care about the upper 2 percent.
It's the 98 percent they don't care about.
05:52 PM on 11/28/2012
Tom if you want to act like a liberal socialist Democrat go join the other Party and quit calling yourself a Republican.
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Joyce Otway
Health Care Convenor
06:07 PM on 11/28/2012
You still dont get the messagJoe , the election was won by Obama. The very reason GOP's lost the elction is because of their brain dead attitude
07:38 PM on 11/28/2012
Well guess what Obama may have won the election for President but he didn't win the election for dictator of the House and Senate.
The last I looked the congress is not controlled by the President. The people's house decides all spending bills and must concur with the Senate on all tax bills. The president can request all he wants .but it doesn't mean the congress must do are he request.
It doesn't mean the rest of the elected representatives must do as the president demands.
The representatives and senators don't have to act like a socialist just because the president is asking to tax the so-called rich. The GOP doesn't have to agree with the president if they think his programs will not work in the interest of the country.
Not everyone needs to act like a Marxist socialist.
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smp276dp
free us from the craziness
10:36 AM on 11/29/2012
Doing the right thing is hard for the right to accept.
And we are ungodly? I bet you make 300K a year.................................NOT!!!
10:58 AM on 11/29/2012
It doesn't matter what I make and how I make my income.
it only matters how the government will apply their taxing power granted by the constitution.
The Constitution does not provide for the application of the Marxist theory of just tax the rich.
The Constitution provides the taxing of the people will be a fair and equal process and not punish one class of people with their applied taxes.
There are no provisions in the constitution for the government to levy a tax just on the so-called rich class of people.
Only the Socialist advocate the taxing of one class to provide for the redistribution of the wealth.
How unconstitutional of the President to present such a tax plan and claim it's their fair share when everyone knows the top 10% of wage earners pay 67% of all the income tax in the Federal government.
How stupid to support such a Socialist tax plan.
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Aurical
Trolls Should Make Like A Tree & Get Out Of Here!
05:48 PM on 11/28/2012
I wonder how long it will take before he comes out and says he was "misqouted" or taken out of context after he gets grilled by Rush for daring to sound sensible?
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defeatwallstreet
Social worker mom of two
07:48 AM on 11/29/2012
They can think of excuses. That's all they do!
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smp276dp
free us from the craziness
10:38 AM on 11/29/2012
he has been on several different shows saying the same thing.
And he wasn't invited on faux news. So that tells you the right doesn't want to
hear his fervent message.
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micah5050
Organizing for action 2014.
05:41 PM on 11/28/2012
They are trying to remember why they are there. um Country or Grover Norquist? Grover Norquist or Country? 2% or 98%? Grover has one vote, 98% has millions of voters, umm. This is a hard one.
07:29 PM on 11/28/2012
Try to have sympathy they can't do match. Percentages are out of the question.
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Forester
Overeducated woods worker.
05:05 PM on 11/28/2012
Boehner had his chance at the 8:1 deal and gambled that his House obstruction would end Obama's presidency. He lost that wager and will cave. Basic politics.
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MotRyc
04:43 PM on 11/28/2012
Amazing! A smart repub.
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TraceyES
05:42 PM on 11/28/2012
I wouldn't say "smart." I'd say "slightly less clueless than the average Republican."
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Matthew Breslin
You'd do it for Randolph Scott...
04:40 PM on 11/28/2012
You can't say you're for ending the deficit and dealing with our national debt and rule out raising taxes, particularly on the wealthy. It's true we can't tax our way out of this mess - no one is saying that taxes alone will solve the problem. But you can't say you're for fixing the deficit whilst simulaneously promising to never ever ever raise taxes. The math doesn't work. It might get you voted, but it would also get you an "F" in any basic arithmetic course. We do need to cut spending - I vote for ending our wars and cutting our bloated military budget, and ending subsidies to Big Oil and Wall Street.
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Scallywag13
No, YOUR micro bio is empty
04:39 PM on 11/28/2012
Hey look, a Republican actually learned what "compromise" means.
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TraceyES
05:43 PM on 11/28/2012
Only until they throw him out of the party for talking sense.
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Matthew Breslin
You'd do it for Randolph Scott...
04:36 PM on 11/28/2012
I say, we raise the income tax on the top 2% of the country toa flat 50% rate and leave it like that for five years, then see how the country does. If the economy tanks and unemployment skyrockets, then we can talk about lowering. If that doesn't happen, then I say we leave it at 50%. The wealthy got a ten year break on paying their fair share by claiming they were "job creators". That's all well and good, but when unemployment rose to 9% (compared to half that a decade earlier) their status as "job creators" is, and ought to be called into question. So let's tax the wealthy and see where it gets us. Giving them a pass on paying their fair share hasn't worked.
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06:31 PM on 11/28/2012
That plan, even if the rate was adjusted some higher or lower, gets very little traction in the real world because so many righties in the House have such strong support in their districts to oppose it...and they will oppose it. The irony in this is that so many of the righties represent districts chock-full of poor people who have in the past, do now, and will continue to oppose raising taxes on anyone as a matter of principle, even to their own detriment. This mind-set is prevalent in the South and is reflected in the number of righties in the House. The situation is merely a matter of numbers but one that will prove nearly impossible to change in the near future.
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GimmeShelter69
Carlos Reutemann's sexy 1974 Brabham F1 car
04:34 PM on 11/28/2012
It's so satisfying to see this. The man is afraid, pure and simple. Afraid of going over the cliff because he knows his party, the GOP, will take the most blame. I'm loving this!
04:24 PM on 11/28/2012
I think the g.o.p.is working on losing everything in 2014 so lets just let them go to it and get the job done.