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Bank of America Corporation Message Board

  • observer777 observer777 Feb 6, 2013 8:10 PM Flag

    GOP got played like a fine tuned piano

    Even as a republican, I have to say Obama is way smarter than GOP. When last year he saw grand bargain could not be done by yearend, he used divide and conquer strategy to take the tax deal in favor of him. Now spending cut is just 20 days away, he just sits tight and waits for GOP to move. He knew GOP will fight within the party. When GOP can’t offer a spending cut plan, he will offer his of course in favor of him. And he will not forget to remind lawmakers that stock market will act negatively if they can’t pass a spending cut deal by the end of this month. Those lawmakers have tons of money locked in stocks. Played them like a fine tuned piano.

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    • Maybe not that smart. He should let sequester happen but it sounds like he wants some worthless short term compromise. Fact is we have to cut spending and many in the GOP will have seizures if military spending cuts really happen. bunch of socail programs will take a hit also. they probably should have taken a hit years ago. This time Obama and the GOP are both losers.

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