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The 112th Congress: Debt ceiling edition

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Re: The 112th Congress: Debt ceiling edition

You just don't get it. The Republicans get budget cuts and the Dems get to increase the debt limit. That's the compromise. Never mind that the Republicans had no problem raising the debt limit back when Bush was in office blowing America's wad on land wars in Asia, kids who hate school, and drugs for grandma and grandpa.

Obama better get his ****ing priorities straight.
I like how you're quick to point out Republican hypocrisy, Scooby. Do tell, how did the Dems feel about raising the debt limit back then? The same as they do now while Obama is in office blowing America's wad on land wars in Asia, teachers that make kids who hate school, and drugs for illegal immigrants?
 
Re: The 112th Congress: Debt ceiling edition

I like how you're quick to point out Republican hypocrisy, Scooby. Do tell, how did the Dems feel about raising the debt limit back then? The same as they do now while Obama is in office blowing America's wad on land wars in Asia, teachers that make kids who hate school, and drugs for illegal immigrants?

Doesn't matter. The idiot in the White House voted against raising it back then. All hail Michele Bachmann.
 
Re: The 112th Congress: Debt ceiling edition

There was a debate on Fox about the debt negotiations and somehow terrorism came up. Great quote.

"Whether they (the Iraqis) had them (WMD) or not (they didn't), we were certainly safe from 2000-2008. I don't remember any terrorist attacks on American soil during that period of time."

I wonder what color the sky is in his world.

These are the morons driving this country off a cliff.
 
Re: The 112th Congress: Debt ceiling edition

Moody's now has the US "under a review" for downgrading our AAA rating. So hey, we got that going for us.
 
Re: The 112th Congress: Debt ceiling edition

I like how you're quick to point out Republican hypocrisy, Scooby. Do tell, how did the Dems feel about raising the debt limit back then? The same as they do now while Obama is in office blowing America's wad on land wars in Asia, teachers that make kids who hate school, and drugs for illegal immigrants?

Yeah, I remember them demanding the US military be cut in half and withdraw from Iraq, everyone get free health care from the government by taxing the rich and corporations and an abortion clinic on every street corner, or they wouldn't vote to raise the debt limit.
 
Re: The 112th Congress: Debt ceiling edition

Behind closed doors and by phone, they groped for a solution and struggled to assert some kind of control over the situation as rank-and-file Republican members, especially in the House, grew more confrontational.

Panic had not yet set in, but the worry and tension were evident as seasoned lawmakers of both parties whose experience told them that Congress always finds a white-knuckle way to avert disaster wondered if this was going to be the time when it did not.

"Our problem is, we made a big deal about this for three months," said Senator Lindsey Graham, Republican of South Carolina.

"How many Republicans have been on TV saying, 'I am not going to raise the debt limit,' " said Mr. Graham, including himself in the mix of those who did so. "We have no one to blame but ourselves."

Sweet.
 
Re: The 112th Congress: Debt ceiling edition

Sweet. We are totally screwed.

The problem isn't the senate (where the republicans can just chose to not filibuster and then still vote no), it's the house where unless a huge chunk of republicans don't vote, some of them will HAVE to vote for the measure.
 
Re: The 112th Congress: Debt ceiling edition

I like how you're quick to point out Republican hypocrisy, Scooby. Do tell, how did the Dems feel about raising the debt limit back then? The same as they do now while Obama is in office blowing America's wad on land wars in Asia, teachers that make kids who hate school, and drugs for illegal immigrants?

Both parties have been guilty of posturing, under the political cover of minority status. The problem right now is that House Republicans are supposed to be the governing party. They just can't shake the habit (or, in the case of the teavangelicals, they don't want to).
 
Re: The 112th Congress: Debt ceiling edition

It may be more extreme right now, but there has always been a high wire act between stroking the base's junk in public and then actually cutting a deal using your brain in private. Such is life in a representative republic where 80% of the population gets their intellectual worldview from America's Got Talent.

The Republicans are being brutally embarrassed for their demagoguery on this issue, but they've got plenty of historical company.

Key takeaway:

And who elected these bozos? We did.

So if the crash comes, and you are wiped out and looking for someone to blame, look in the mirror.
 
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Re: The 112th Congress: Debt ceiling edition

My takeaway, having lazily scrolled down to glance at the comments:

Hard to condemn politicians' contempt for the sheeple.
 
Re: The 112th Congress: Debt ceiling edition

My takeaway, having lazily scrolled down to glance at the comments:

Hard to condemn politicians' contempt for the sheeple.

"Democracy is the theory that the common people know what they want, and deserve to get it good and hard." -- Mencken
 
Re: The 112th Congress: Debt ceiling edition

The Republicans are being brutally embarrassed for their demagoguery on this issue, but they've got plenty of historical company.

Key takeaway:

Your article says something to the effect of...if we don't avert disaster, we have no one to blame but ourselves. I don't buy this...its the extremists who have taken over faar too much of the dialog. Moody's opinion? They don't seem to be blaming the administration:

The seriousness of the situation was reinforced when a major rating agency said Wednesday it would put the sterling bond rating of the United States on review for possible downgrade.

Moody's Investors Services said it had initiated the review because of "the rising possibility" that Congress will fail to raise the debt ceiling in time -- something that could lead to a U.S. default on its debt.
 
Re: The 112th Congress: Debt ceiling edition

I find myself supporting the President's approach in this debate. Yet he's an evil democrat. There's a word for this confusion that I'm too confused to bring to mind. However, the bottom line is that this is a golden opportunity to trim a pretty sizeable chunk of overspending and the Repubs are blowing it with this "stop gap" nonsense.
 
Re: The 112th Congress: Debt ceiling edition

Don't see a lot of good ways out of this. As several articles have stated, the main problem is in the House. For example;

1) Who's running things over there? The Boner? Cantor? Ryan? Who exactly is cutting the deal here? If to pass a deal Boner needs more Dems than votes from his own caucus its time for him to resign his speakership ala Dennis Hastert and go be a backbencher for awhile. Really, what good is he if he can't speak for his members? That's the freakin' name of the job - "Speaker" of the House.

2) Sadly logic doesn't hold sway for these people. Many influential Republicans don't see a problem with a default. Only a resulting financial crisis will convice them. Really the best thing to hope for is a market free fall in the week leading up to August 2nd which wakes everybody up, and a subsequent rally once a deal is signed.


Lastly, as I've said before, this is what you get when you elect Republicans. That hasn't always been the case, but it has since Tom Delay types have taken over the party. A lot of older Americans and even some younger are still enamored with the Reaganesque myth of the affable, optimistic principled conservative secure enough in his position to make deals with his ideological opposites to get things done. People, that character is long, long gone. All you have now is bitter, self centered ideologues (think Bachmann) who have no problem sending the country off the cliff just to maintain their purity and a potential TV or radio gig in the conservative media. Quick, name me the pragmatic Republicans out there - and by that I mean people willing to cross the aisle even if they're in safe seats (so, Snow and Collins don't count). Lindsey Graham occasionally. Maybe Richard Lugar. McCain used to but not anymore. Anybody else?

What's happening in the GOP would be akin to Little Ralphie Nader supporters taking over the Democratic party.
 
Re: The 112th Congress: Debt ceiling edition

They can't reach across the aisle anymore...if they dare question their fellow GOPers or seem to side with a Dem on the issue conservative media throws the hammer down on them swiftly. (starts with Rush, ends with every Fox News anchor or correspondent) This only leads to the quick mea culpa and hardlining of said person.
 
Re: The 112th Congress: Debt ceiling edition

We get one step closer to default every day. McConnell tried a slick end round where he get Obama to raise it on his own, be able to vote against it himself and have the Democrats take all the blame for it going up.

Going against party leaders, Bachmann says there is no need to raise the federal debt limit in order to continue paying Social Security benefits.

Taking the vanguard of a Republican revolt against President Obama and their own GOP leaders, Rep. Michele Bachmann and two other Tea Party members said Wednesday there is no need to raise the federal debt limit in order to continue paying Social Security benefits.

"This is a misnomer that the president and the Treasury secretary have been trying to pass off on the American people," said Bachmann, R- Minn., a presidential candidate who is leading the polls in her native Iowa.

http://www.startribune.com/politics/national/125530493.html?page=1&c=y

Default here we come.
 
Re: The 112th Congress: Debt ceiling edition

We get one step closer to default every day. McConnell tried a slick end round where he get Obama to raise it on his own, be able to vote against it himself and have the Democrats take all the blame for it going up.



http://www.startribune.com/politics/national/125530493.html?page=1&c=y

Default here we come.

It was much slicker in concept than in execution.
McConnell obviously wants to make Democrats cast a series of votes to raise the debt ceiling. Surely he is thinking in particular of the first four, the red-staters. But here’s the part I don’t get. Under the rule he proposes, if President Obama puts forward a certain list of possible budget cuts in exchange for raising the ceiling, a two-thirds vote in both houses would be required to block it. In other words, Democrats wouldn’t need 60 votes to break a filibuster to support an Obama plan to raise the limit, as they normally would. They wouldn’t even need 51. They’d need just 34! So all four red-state Democrats, and the other three, can spend the next year and a half voting against raising the debt limit under the McConnell scheme, inveighing thunderously against Washington’s louche ways. The only Democrats who need to vote to raise the limit are those not facing reelection, and a small number of those facing only token opposition. So this puts no one on the hot seat in a way that matters.

In fact, as David Dayen has pointed out on the American Prospect website, Democrats could conceivably finagle things such that nobody has to vote for it at all. “Under the right circumstances,” he writes, “Obama could let Congress go into recess while the resolution of disapproval is at his desk and not sign it, a maneuver known as a pocket veto. A pocket veto cannot be overridden.” Which is to say, there need be no vote, period.
http://www.thedailybeast.com/articl...o-the-debt-ceiling-crisis-makes-no-sense.html
 
Re: The 112th Congress: Debt ceiling edition

It may be more extreme right now, but there has always been a high wire act between stroking the base's junk in public and then actually cutting a deal using your brain in private. Such is life in a representative republic where 80% of the population gets their intellectual worldview from America's Got Talent.

The Republicans are being brutally embarrassed for their demagoguery on this issue, but they've got plenty of historical company.

Key takeaway:
My takeaway was that even the left winger that wrote this piece knows both sides are to blame, ergo we are to blame. And then you think the Republicans are being "brutally embarrassed for their demagoguery" after reading this piece. Did we read the same thing?

How about the presidents demagoguery when he told Cantor Don't call my Bluff If he is not embarrassed by it, it only proves how stupid he is.
 
Re: The 112th Congress: Debt ceiling edition

yada yada yada.
To steal a meme from Fark:
Both sides are bad. So vote Republican.

Got it.

When people like geezer, when conservative editorial boards like the Economist, and when most of the general American public think the blame lies with the GOP, maybe, just maybe, the blame actually does in fact lie with the GOP.
 
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