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The necessary GOP tantrums of the debt ceiling debate

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  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    I don't know how much of the debt ceiling debate is theatrics and how much is outright stupidity. I have read lots of articles about the debt ceiling debate from both the left and the right. I've concluded that much of the debate is designed for ignorant audiences...but some of it is indeed by ignorant and intransigent Congressional leaders as well. Daniel Gross writing for the Daily Beast had these words to describe them:

    Daniel Gross, Daily Beast, January 14, 2012: Obama Brinksmanship Puts GOP in Tough Spot on Debt Ceiling

    "It’s as if Republican House members are 2-year-olds who have to exert a certain amount of energy–running around, throwing tantrums–before they can be managed through necessary nighttime routines. Parents understand that their 2-year-old may have to scream for an hour before going to bed at night. But primal screams can be dangerous and intolerable for the financial markets and for the economy."

    Yes...that describes their behavior. Gross goes further to point out the shallow thinking of that GOP select group.

    "Republicans seem to believe they can shut down the government or selectively default on their own terms, i.e., keep paying the interest on the debt and defense while stiffing everybody else. They also presume that the bond market would take such efforts in stride and be comforted by the fact that the government is choosing to pay its interest bills even in extremis. The problem is that for big business–and even small business–this would be very bad news. Big business hates (wait for it … ) uncertainty. And the standoff over the debt ceiling is a giant uncertainty burger."

    As I have said in another post. Republicans are going to cave on the debt ceiling debate. Sensible Republicans will join with Democrats to see that we do not default. Educating the others is hopeless as Boehner knows full well.

    I do wonder what kind of tantrums these House GOP members pulled when they were in their "terrible twos."
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Okay with respect to my last point above, I think you'll like this cartoon from the Sunday Times Review:

    The Strip | By Brian McFadden

    Ha!
  • Center Left Democrat
    Democrat
    Flagstaff, AZ
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    Schmidt:


    One of Arizona's legislators, Matt Salmon (of Arizona's 5th district) was on Channel 12 in Phoenix yesterday, threatening to sue
    President Obama if he tried to pass ANY further restrictions on guns.

    Unfortunately, that's not the extent of his craziness.

    On January 8, he appeared on "Face The Nation", and stated that he thought it would be a good idea if the government defaulted
    on its obligations in order to enforce deeper cuts on deeper cuts to social programs, ON TOP OF the $1 trillion in cuts (over the next decade) that Obama has already agree to:

    http://www.dailykos.com/story/2013/01/08/1177177/-Arizona-s-new-Hall-of-Fame-member-Matt-Salmon#

    It's very worthwhile to watch Ezra Klein (in the clip above) it its entirely.

    I wrote to my new Congresswoman, Ann Kirkpatrick, and asked her to try to slap some sense into this moron.

    Who does Matt Salmon remind me of?

    Check out the picture below:

    http://ts2.mm.bing.net/th?id=H.4771447530521357&pid=1.7&w=221&h=147&c=7&rs=1
  • Democrat
    Woodstock, MD
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    Dear Mr. President,

    Thank you for your invitation to your 2nd Inauguration. Unfortunately, I will unable to attend this memorable event. But, sir, I would like to offer two suggestions concerning the current national problem -- that is the debt limit. The Republicans in the House of Representative refuses to raises the debt limit ---pay their expenses from 2012--- without entitlements cuts. Mr. President, as you well know, if one does not pay their debts eventually their check will be garnished.
    So, my first suggestion is to delay ALL Congressional paychecks !!! That's for Senators, Representatives and their staff members. They want to shut-down the Federal Government, FINE. Let's shut it totally down and no one will received a paycheck, no receive medical coverage or any funds from the Federal Government until the debt limit is raised.

    Second, as a homeowner, I am sure you are aware that if you do not pay your utilities bills, eventually the utility companies will shut off your power. Whether its the gas company, the cable or satellite company, the electricity company or water company. We as consumers must pay our expenses to continue our consumption of these utilities. I am sure Congress is no different, after all, the House of Representatives is called the Peoples House. If Congress refuses to pay their bill, turn off the lights and ALL power to all Congressional Buildings. If the average citizen would be put in the dark for not paying their bills, so should Congress.

    Also, all credit cards, personal accounts, travel and vehicle expense accounts should be suspended. This includes all airline, bus, train and automobile trips. WE THE PEOPLE CANNOT AFFORD IT !! THIS MUST BE A SHARED SACRIFICE !!!



    Sincerely,
    Tommy Cook
  • Other Party
    Nebraska
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    Tommy Cook you are right on...so therefore no attention at all will be paid to your letter by the president or anyone in his administration. Borrow and spend and take care of themselves is all they know and the hell with the rest of us. They are certainly NOT going to share in the sacrifice.
  • Democrat
    Brookline , MA
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    Hello Schmidt and Happy New 2013 Year to you....I clicked on the link and nothing came up but a black page with the NY Times logo on the top left hand side....I would have love to see it....just imagining a 2 year old pulling his tantrums.
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    sabrina05 Wrote: Hello Schmidt and Happy New 2013 Year to you....I clicked on the link and nothing came up but a black page with the NY Times logo on the top left hand side....I would have love to see it....just imagining a 2 year old pulling his tantrums.
    Hi Sabrina,

    We haven't heard from you in a while. Missed you. A vacation from politics?

    Yes, I checked the link and the cartoon seems to have been removed. I'll see if I can locate it elsewhere.

    Schmidt
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    Try this:

    http://www.nytimes.com/slideshow/2012/07/08/opinion/sunday/the-strip.html#2

    It takes a few seconds to show on the screen.
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    I was going to start a thread on the debt ceiling and noticed that I started one back in January that kind of died out and shifted off topic. So let me reiterate what President Obama says and just about every reputable economist knows.

    The debt ceiling is an unnecessary redundancy. The budget process establishes expenditures, revenues and the amount needed to be financed. Once the Congress approves the budget, either as a true budget or a Continuing Resolution, it is a de facto approval to raise our debt. We don't need to put an upper limit on borrowing when that borrowing has already been approved by the budget process.

    Anyone who thinks otherwise is just misinformed.

    Congress instituted the debt ceiling in 1917 without thinking through all the implications. While raising the debt ceiling has mostly been approved routinely, and indeed sometimes a few will make a token political point by voting "no," it has never been seriously used as a "weapon of mass destruction" as the Tea Party is threatening to do now. I will repeat...raising the debt ceiling doesn't change our debt one dime.
  • Democrat
    Portsmouth, VA
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    The biggest issue for me at this time is that the Republicans, who are supposed to work for US, can tell bold face lies about the debt ceiling. This lies are DANGEROUS and we should be recalling all of those manipulating liars.