The 3 Worst Night Sleeps of My Life…

(1) Election Day/Night 2000

(2) Election Day/ Night 2004

(3) The midnight vote (on the East Coast) to extend the Bush Tax Cuts for the Superwealthy.

* In my opinion, President Obama rolled over and played dead like a dog…during compromise/ negotiations with obstructionist Republicans/henchmen for the Superwealthy.

** You did not do your job, Mr. President. You caved in. You did not explain to the American People weeks in advance why giving 25 percent of tax breaks to the top 1 percent is a BAD DEAL FOR THE MAJORITY OF AMERICANS. This means that the Presidency of Barack Obama is becoming a BAD DEAL FOR THE MAJORITY OF AMERICANS. Follow the $Money$ and you can see where the collected power lives in this country. With the Superwealthy. Two words: Citizens United. Seriously, WTF were you thinking, Mr. President? You waited to hash out a bad deal at the 11th hour when you had 2 years and a Democratic-majority Congress to make a much better deal. You f*cked up, Mr. President. Plain and simple. These tax breaks for the Superwealthy mean less money for schools, hospitals, roads, bridges. Not to mention, we are still fighting two wars, and you’re giving tax cuts to people who don’t need them and many times don’t want them?! The extension of the Bush Tax Cuts for the Superwealthy is all kinds of BAD.

At least 25 percent of the tax cuts will benefit the richest 1 percent.

source: http://www.nytimes.com/2010/12/08/us/politics/08impact.html?src=twrhp

EXCERPTS:

“But the tax benefits will flow most heavily to the highest earners, just as the original cuts did when they were passed in 2001 and 2003. At least a quarter [25 percent] of the tax savings will go to the wealthiest 1 percent of the population….

In fact, the only groups likely to face a tax increase are those near the bottom of the income scale — individuals who make less than $20,000 and families with earnings below $40,000.”

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