Last Updated : 06 December 2012 at 23:55 IST
Where can a Communist agree with Barack Hussein Obama? That Obama is not a Communist.
But isn't Obama a communist or at least conforming to communist ideology when he wants to tax the rich and spare the relatively poor? You do not have to be Karl Marx to understand this.
The mud slinging between Republicans and Democrats when it comes to the fiscal cliff issue is sure to continue despite the snowy days ahead. The Democrats are definitely at an advantage as they have retained the presidency. If the Republicans do not budge, then Obama can always say that it is the Republicans who have endangered the United States of America ushering in a new round of recession (in official parlance), by going off the cliff.
And the Republicans now look worn out and pale and insecure as they are increasingly seen pitted against the the middle-class in America by favouring the rich. So far so good, says the Democrats. After all, they are at a vantage point.
If the Republicans refuse to avert the fiscal cliff, then Treasury Secretary Timothy Geithner has a plan B: to go off the cliff. At the end of the day, laws are laws.
As a matter of fact, Obama has put his foot down: "There is no prospect (for) an agreement that doesn't involve rates going up on the top 2 percent of the wealthiest Americans," he told CNBC. Obama has clarified that a quick deal is possible if the Republicans give up their objection to raising tax rates for those making more than $250,000 a year; in return Obama would ensure spending cuts are effected and entitlement reforms are carried out.
"If we can get the leadership on the Republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart," Obama told The Business Roundtable and was quoted by Reuters.
"Another way of putting this is we can probably solve this in about a week. It's not that tough, but we need that conceptual breakthrough," he added.
It is rich Vs. poor in America. And unless the Republicans want to conduct a political suicide, poor is going to win. Not a relative victory, but absolute.
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