I’d be lying if I said it didn’t bring me joy to see Obama squirming between a rock and a hard place on the Bush tax cut issue. Ironically enough it’s Obama’s own base that’s really putting the screws to him. Senator Tom Harkin (D-Iowa) says, “If Obama caves on taxes he better hope and pray that Palin runs in 2012.

WASHINGTON, DC - DECEMBER 01: Sen. Tom Harkin (D-IA) speaks during a rally against the cut off of unemployement benefits at the U.S. Captiol December 1, 2010 in Washington, DC. Two million jobless stand to lose federal unemployment benefits beginning today and millions more in the months to follow if Congress doesn't act to extend the benefits. (Photo by Chip Somodevilla/Getty Images)

Progressives are running ads imploring the President not to go back on his campaign promise of allowing the Bush tax cuts to expire. But what they don’t seem to understand is that the political climate has changed since the 08’ campaign. It’s changed drastically. Obama took a beating in November and no matter what anyone says, the man does care if he gets re-elected or not.

The real problem is he can’t afford to allow the Bush tax cuts to expire. The economy can’t take it. Liberals are simply looking at this issue from the class warfare standpoint which is the old argument that the rich can afford to “pay their share.” Never mind that they already do pay their share and then some.

Somewhere deep down Obama knows that allowing taxes to increase on those who create jobs and own businesses and have the most money to spend will be his political death nail. He also knows that the Republicans, if the dems allow tax cuts to expire, are going to pass legislation to cut taxes anyway. Then at that point he loses the argument that he had anything to do with cutting taxes. Forget the fact that he has nothing to do with it now, it’s all perception. Also at that point, he’s on his own. He would have to veto tax cut legislation all by his lonesome. Bummer for him.

It’s easy enough for libs like Harkin and Alan Grayson to extol the virtues of “soaking the rich.” Obama has to walk a tighter rope. Pelosi can talk all the nonsense she wants now about how cutting taxes for the wealthy “does not create jobs”, only extending unemployment benefits does. Her time in the sun is over. She can be as insane as humanly possible; which, by the way, she is.

One more point about Harkin saying “If Obama caves on taxes he better hope and pray that Palin runs.” Harkin has it exactly backwards. In reality democrats like Obama and Harkin are hoping that Palin comes nowhere near the Republican nomination for President. I don’t think you’d find a liberal anywhere to admit that, but their actions speak louder than their words anyway.

They’re scared of her; and not for the reasons they say. They often say it would be dangerous for the country if someone like Palin were President. What they really mean is that it would be dangerous to their hold on power. Remember, of all the potential GOP candidates right now, she’s the closest link to the ground swell that thrust the Republicans back into power in November.