Thursday, November 11, 2010

President Obama Caves in On Bush Tax Cuts

    President GW Hussein Obama
    Washington DC, Nov 11, 2010 - The Huffington Post, the premier news source for liberals, has reported that President Barack Obama is ready to accept an across-the-board, temporary continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

    That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts, given the legislative and political realities facing Obama in the aftermath of last week's electoral defeat.

    "We have to deal with the world as we find it," Axelrod said during an unusually candid and reflective 90-minute interview in his office, steps away from the Oval Office. "The world of what it takes to get this done."

    "There are concerns," he added, that Congress will continue to kick the can down the road in the future by passing temporary extensions for the wealthy time and time again. "But I don't want to trade away security for the middle class in order to make that point."

    The Huffington post got over 23,000 comments to this story, mostly from outraged Progressives, who are now calling President Obama a "traitor" for selling out on his campaign pledge to soak the rich.

    You can read the entire story here.

    Here are just a few sample comments from outraged progressives:

    From: paladinette:
    That is it! I am officially DONE supporting this President! If Obama does allow any extension for the filthy RICH while 99ers like me have had NO UI benefits for 8 months and after 5800 + job application in the past 2 years - I say Obama stinks! And I was a loyal fan who worked VERY hard to get this guy elected. 

    From: Jay818: 
    Wow, Obama...I heard the rumors....But never thought you would stoop that low...
    So, I guess in the primaries 2012, we vote out the incumbent, huh? Thanks for trying Obama...Hilary was right...You were way in over your head....Wish she hadn't tied you to ayers...I believe that was her downfall...

    Oh well..


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