Obama Gives Legislature Perfect Reason to NOT Pass Compromise Tax Bill: Says it would "End His Presidency"

Here's a welcome choice: Obama tells lawmakers not passing tax deal could end presidency.

In urging lawmakers to vote for his tax deal, President Obama is using one of his go-to lines from the healthcare debate, according to a Democratic lawmaker.

Obama is telling members of Congress that failure to pass the tax-cut legislation could result in the end of his presidency, Rep. Peter DeFazio (Ore.) said.

"The White House is putting on tremendous pressure, making phone calls, the president is making phone calls saying this is the end of his presidency if he doesn't get this bad deal," he told CNN's Eliot Spitzer.

During the end of the healthcare debate, Obama reportedly told Democrats upset that the bill did not contain a public healthcare option that not passing it could put his presidency on the line and stall the liberal agenda for decades.

Stalling the liberal agenda for decades is just what we need. Now, if Obama would just pledge to resign if the bill did not pass, we might see some interesting vote switches in both the Senate and the House.

Otherwise, does anyone actually believe the House will not pass this thing? Given the odds of the bill not passing are .5% or less, this needless hot-air posturing makes the president look like a complete fool.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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