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Morning Briefing: December 10, 2012

by Jen Green

Senate Republicans Deserve to be in Minority

Yet another Republican Senator has gone on the Sunday talk shows to concede his willingness to punish America’s top earners–you know, the ones who give the rest of us jobs–by agreeing to raising their taxes from 35 percent to almost 40 percent. Senator Bob Corker, Republican from Tennessee, said that the GOP is going to have to “give” on this tax issue to President Obama so then they can start “focusing on spending cuts.” As this article from Foxnews.com puts it, “Corker said the idea has “merit” that Republicans should let rates rise on the top 2 percent in order to then press for cuts to entitlements in return.”

Yeah. Because this president has been real keen to do that.

We’ve got 22 days til the “fiscal  cliff” facade ends–and a whole lot of us get a whole lot of taxes raised. There is good news, although somewhat feeble in light of his past actions. Conservatives are still pressuring Boehner to hold firm and let Obama own this mess.  No deal will work without him and his leadership, and as of right now, it’s not certain Boehner has enough support to get the votes in the House  if a tax increase is in any deal. Republican senators, though, seem willing to accept a tax increase.

Proving maybe they deserve the minority for  a while longer.

The Obama Legacy

ObamaCare, bailouts, continued war in Iraq and Afghanistan, the fiscal cliff and food stamps–that’s the true Barack Obama legacy. The September numbers  from the Department of Agriculture show that 47.7 million Americans were on food stamps that month–that’s over 600,000+ more people than in August.

47 million. Anyone else think that number is an eerie coincidence?

One out of every 6.5 people in our country are on food stamps.

According to the Daily Caller, “In the 1970s, one out of every 50 Americans was on food stamps. Since 2001, spending on the program has quadrupled and doubled in the last four years.”

We Lose Another Hero

“Greater love hath no man than this, that a man lay down his life for his friend.” Over the weekend, America lost a hero. Yet unnamed, a Navy SEAL gave his life during a mission to rescue a captured American doctor, Dr. Dilip Joseph, who was providing medical care in rural areas of the country of Afghanistan. Dr. Joseph and two others had been kidnapped by the Taliban. He was successfully rescued, but one Navy SEAL was killed during the mission.

Although we don’t know the details, we know this SEAL was a hero.

 

 

Discussion

One Response to Morning Briefing: December 10, 2012

  1. D2 says:

    It is a puzzle. Bob Corker is a regular on CNBC and does understand business. I did see him backtrack habit on Monday. He is a great guest -get him.