NW Portland Graffiti

From the left:

Dear MoveOn member, 

Last night, President Obama announced that he’s giving in to the GOP and extending the Bush tax breaks for the rich.1

The “deal” he’s proposing is an “absolute disaster,” as Senator Bernie Sanders said.²

But it’s not a done deal. Leading Democrat Chris Van Hollen said yesterday that “House Democrats have not signed off on any deal,” and last night Senator Sanders vowed to “do whatever I can to see that 60 votes are not acquired to pass this piece of legislation.”³

Make no mistake about it, Obama’s announcement that he’ll keep all tax rates at the current levels is a huge victory for the GOP.  Here’s a man who banked his presidential run on rescinding “tax cuts for the rich.”  Far from a throwaway line on the campaign trail, it was Barack’s central talking point.

For him, spiking taxes on the “wealthy” wasn’t just political positioning. It was deeply ideological, part of his core philosophy.  Here’s a man who has lamented that the Supreme Court never codified “redistribution of wealth” in our legal code, and the same dude who made one Ohio plumber a household name by telling him how advantageous it was to “spread the wealth around.”

Barack, the most anti-capitalist President in modern time, was humiliated, both personally and publically, by being forced into backing a two-year extension of the tax cuts he loathes. Obama ate a capitalist sandwich, and you know he hated every bite of it.