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« Manning | Main | Be right back »

July 31, 2013

Comments

Robert Lipscomb

Or maybe we can go with Occam's Razor.

Contrary to the hyperventilation of his critics on the left during the first six months of his second term, maybe we are watching the the implementation of a sound political strategy using well-conceived tactics. Obama and his staff has correctly identified the key group on the right to wedge from the rest.

Yesterday's deal offer was designed to appeal to the true masters of the GOP, the large corporations. Obama offered them hundreds of billions of dollars in corporate tax savings if they will bring "home" a one or two trillion dollars of cash from off-shore accounts - and let Obama use the one-time tax windfall to pay for his jobs programs (which by the way also benefits them).

In reference to this post, the people who count in the GOP have already very publicly and repeatedly declared the ideas of government shutdown debt default dead on arrival. Obama set out to force a civil war in the GOP, but the corporate wing will settle for trillions of dollars and a silent coup.

The corporations will place the trillions in cash on their balance sheet and gradually over a few years hand them out as profits/dividends to shareholders. Wall Street tends to value stock prices at 15/20 times earnings. So, an extra trillion in profit equates to $15-20 trillion in market value. Bonuses for everyone and send a billion or two to our lobbyists in D.C.

God help anyone, including a Tea Party candidate, who gets in the way of this deal.

Well played, Mr. President. Well played.

Peter G

A curious game. The only way to win is not to play. If you must play, tell giant WOPPERS.

Chris Andersen

There has been a rather vocal minority in the Democratic party that has actually expressed admiration for the "take no prisoners" style of the teabagger wing of the Republican party. They've often expressed fantasies that if Democrats just acted more like the tea-baggers then maybe they would actually be able to bring about the liberal wet-dream (true confession: I once found the idea appealing, but ultimately rejected it.)

In the GOP of today we see example after example of just what that kind of approach actually produces.

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