"Now watch this drive."

[Amerigo Vespucci]

Obama signals he may allow rich to keep tax cuts, kill chance of climate bill



http://www.rawstory.com/rs/2010/11/obama-signals-compromise-gop-tax-cuts/

A chastened President Barack Obama signaled a willingness to compromise with Republicans on tax cuts and energy policy Wednesday, one day after his party lost control of the House and suffered deep Senate losses in midterm elections.

Obama ruefully called the Republican victories "a shellacking."

At a White House news conference, the president said that when Congress returns, "my goal is to make sure we don't have a huge spike in taxes for middle class families." He made no mention of his campaign-long insistence that tax cuts be permitted to expire on upper-income families, a position he said would avoid swelling the deficit but put him in conflict with Republicans.

He also virtually abandoned his legislation — hopelessly stalled in the Senate — featuring economic incentives to reduce carbon emissions from power plants, vehicles and other sources.

[shraby]

1. That sure sounds like a slanted article. They haven't even

started to work on anything yet that was waiting for the election to be over.

[JoePhilly]

2. Our "enthusiasim gap" didn't teach the lesson we thought I guess.

When the country is so divided, as it is now, you need to take every small victory you can get and cheer it.

The GOP has used our bickering to energize their base, and we bickered, discouraging ours.

[Egnever]

3. Truth

but it will be denied here.

[BootinUp]

4. I saw it coming months ago, and then in September

I just went into denial so my mind would not be harmed.

[yurbud]

5. someone said early on that Rahm and Obama were governing as if they would be more comfortable with

a Republican congress.

Looks like they got their wish.