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	<title>LooseKannon.com &#187; Saxby Chambliss</title>
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		<title>A Taxing U-Turn</title>
		<link>http://loosekannon.com/a-taxing-u-turn/</link>
		<comments>http://loosekannon.com/a-taxing-u-turn/#comments</comments>
		<pubDate>Thu, 20 Nov 2008 01:27:21 +0000</pubDate>
		<dc:creator>LK</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[The Economy and Markets]]></category>
		<category><![CDATA[Al Franken]]></category>
		<category><![CDATA[black friday]]></category>
		<category><![CDATA[Minnesota recount]]></category>
		<category><![CDATA[Obama postpones tax hikes]]></category>
		<category><![CDATA[Saxby Chambliss]]></category>

		<guid isPermaLink="false">http://loosekannon.com/?p=1316</guid>
		<description><![CDATA[If President-elect Obama wants to pick up the reins that W dropped, he&#8217;d announce that he plans to temporarily postpone the tax hikes he promised for the top 5% of American earners.  Let the left of left wing bloggers howl all they want.  He&#8217;ll be lauded for acknowledging that these extraordinarily dire economic [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright" style="margin: 10px;" src="http://s.wsj.net/public/resources/images/OB-CB189_oj_fur_20080813200420.jpg" alt="" width="245" height="232" /><strong>If President-elect Obama wants to pick up the reins that W dropped, he&#8217;d announce that he plans to temporarily postpone the tax hikes he promised for the top 5% of American earners.  Let the left of left wing bloggers howl all they want.  He&#8217;ll be lauded for acknowledging that these extraordinarily dire economic times call for nimble and flexible thinking.</strong></p>
<p><strong>If he&#8217;s attuned to dramatic timing he&#8217;ll make his announcement by this coming Monday or Tuesday, in time for the markets to rally sharply preceding both the Thanksgiving holiday and Black Friday, the day of retail reckoning.</strong></p>
<p><strong>And if he&#8217;s attuned to impactful timing he&#8217;ll make his announcement before </strong><strong>Georgia&#8217;s December 2nd Senate run-off election in South Carolina between Saxby Chambliss (R) and Jim Martin (D), in an attempt to help paint the seat blue.  I just checked Rasmussen and Pollster.com; Martin&#8217;s currently down 3-5 percentage points.  Obama&#8217;s move to the middle might narrow a margin that&#8217;s now close to, if not within, the margin of error.<br />
</strong></p>
<p><strong>Then, if Al Franken, who can&#8217;t help but make a better Senator than radio host (if only because he was, without doubt, an, ahem, less than sterling on-air personality) wins the Minnesota race following the recount there, the Georgia seat becomes sweet 60.  It&#8217;s the anti-filibuster force field the Dems are craving, although the checks and balances crowd will have massive and concurrent heart attacks.<br />
</strong></p>
<p><strong>Will Obama do it?  I might put some money where my mouth is on Monday morning.</strong></p>
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