Democrats and their spinelessness

by charvaka Thu Jul 28, 2011 8:39 pm

First they caved on tax cuts to the richest 2% of Americans. Then they caved on tax treatment of Big Oil revenues, hedge fund manager incomes and corporate jet expenses. Reid's current proposal has not a single dollar of new revenue, but over $2 billion in cuts while unemployment runs at 9%. And now, they are ready to cave on the one thing Obama promised he would veto: short-term increase.

It would be much better for Obama to tell the Tea Party nuts to go fuck themselves and raise the debt limit by executive fiat.

http://www.politico.com/news/stories/0711/60177.html

by truthbetold Thu Jul 28, 2011 10:06 pm

charvaka wrote:First they caved on tax cuts to the richest 2% of Americans. Then they caved on tax treatment of Big Oil revenues, hedge fund manager incomes and corporate jet expenses. Reid's current proposal has not a single dollar of new revenue, but over $2 billion in cuts while unemployment runs at 9%. And now, they are ready to cave on the one thing Obama promised he would veto: short-term increase.

It would be much better for Obama to tell the Tea Party nuts to go fuck themselves and raise the debt limit by executive fiat.

http://www.politico.com/news/stories/0711/60177.html

I wish Obama finds a way to raise he debt limit by executive order. Then he should go to the nation and ask them to call congress leaders to come for a discussion on deficit reduction. 30 days, $4T with bush tax giveaways taken back. Dems act as if they have some thing to lose and play defensive. Every third rate tea party guy is threatening them with new cuts.

Tax revenues to come in 2012 but spending cuts (other than waste reduction) should start in 2013 or 2014. Obama shpu;d in fact propose a massive 2to 3 T JoB creation initiative to move the American economy. I hope average american understands what is going on and keep this in mind for future elections.

by charvaka Thu Jul 28, 2011 10:42 pm

truthbetold wrote:I wish Obama finds a way to raise he debt limit by executive order. Then he should go to the nation and ask them to call congress leaders to come for a discussion on deficit reduction. 30 days, $4T with bush tax giveaways taken back. Dems act as if they have some thing to lose and play defensive. Every third rate tea party guy is threatening them with new cuts.

This would indeed be the best plan. Anything else would be disastrous for the country.

by charvaka Fri Jul 29, 2011 1:08 am

Boehner has again failed to push his plan through the House. At this point, it is clear that the GOP cannot do this by itself. So why does he keep wasting time on it? If the GOP leadership really puts Country First (as McCain tried to make his campaign slogan), they ought to quickly strike a deal with the Democrats on a straight up increase of the debt ceiling -- no cuts, no revenues -- with an agreement to work on a grand bargain before Labor Day. If Boehner can get 50-70 votes for such a proposal from his caucus, it will pass the House and disaster will be averted. And it will also assure the rating agencies that the Establishment of this country can still get things done instead of being squeezed in the nuts by the extreme wings of either party.

by truthbetold Fri Jul 29, 2011 6:05 am

Repubs in complete disarray. I think party is now controlled by few behind the scenes financiers (one from WI, Cohen brothers for example). They do not care about people. They want to create a real mess to sweep both houses and presidency.

While I have seen food fights in wash dc before, it went to the worst partisan level this time around. It sends a terrible message about US governance.

by Kris Fri Jul 29, 2011 10:07 pm

It would be much better for Obama to tell the Tea Party nuts to go fuck themselves and raise the debt limit by executive fiat.

>>> it has pretty much coming down to this. The idiots don't understand they are playing with fire. Deal or no deal, there is damage already.As S&P has pointed out, this political wrangling makes you wonder about the triple A rating going forward. Obama should go ahead and do it. It sends out a message that there is an escape hatch if push comes to shove.

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