I think we have to admit that McCain does bare some resemblance to Smeagol.
I think the problem with the Tea Partiers is that they see it as being their way or nothing. I understand their perspective and conviction but I think the issue is that they want to do it ALL at once. No compromise, every vote they make must include everything they think has to be done for the next 20 years of government. I think the problem is if we do it their way the whole economy is going to come crashing down. People compl
When our economy is plagued by the cancer of debt then compromise is not the best idea. Lets wait a few more years for the tumor to grow, or just chop tiny parts off it. Either you deal with it or let it consume you. The Tea Party movement is just the rationalization of that fact, after years of denial the populace is finally accepting the situation and urgently want it dealt with.
Hearing McCain complain about peoples actions inadvertently re-electing Obama is just hilarious. After his amazing run fro
Forcing a default on the US government, sending massive shockwaves through the global economy, which is already trying to deal with a potential partial Eurozone meltdown, that's not a sensible solution. That's the solution that self-destructive nihilists would take. It's almost like a financial Armageddon cult has taken over Congress.
And Obama, well, he gets the chance to do a number of things, including the 14th Amendment stunt, and look like the calm, collected rational president, just like when Bill Clinton outmanoeuvred House Republicans. I'm sure Clinton has told Obama that if he gives the Republicans enough rope, they'll hang themselves.
The Treasury takes in ~$2T/yr in revenues. Interest payments on the debt are ~$200B/yr. This still leaves enough for SS, Medicare/caid, military salaries, and pretty much all the bare-bones essentials.
The thing that horrifies Progressives is that it would necessitate slashing the Federal bureaucracy. The only way a default on the debt would happen is if the President ignored his Constitutional duties and chose to spend the money elsewhere.
Then what's your solution dipstick? Cause playing kick the can with a hand grenade when the further down the road you go the more inflammable your surroundings get is not an answer.
The solution is a compromise, accept some tax increases and then work towards a rational solution. Pulling the pin on the hand grenade will help US interests how?
There you go, swallowing those lies and mistruths you've heard blasted louder than anything else, on every major media outlet (and on some of the smaller ones). Refusing to not borrow more money will not, in fact, force the government to default on it's loans. The government still has enough money to pay the interest on the loans, no muss, no fuss. It may not be able to pay other people; foreign aid, congress, defense contractors, but it will not default on it's loans unless the President chooses to. Not to
The teabaggers don't give a shit about the finances. They have seen an opportunity for a major power grab and are on to it now. They redefined a routine move, that was expected to come when the last budget was voted for, into a make-or-break moment for the US. And they are perfectly willing to break it for their power gains.
If by "power" you mean, power to reduce the size of the Federal Government, then you are right. Redefining a routine move? If you don't understand that raising our borrowing limit and borrowing more money being a "routine move" is a major problem that needs to be corrected, then I'm afraid you are mind controlled.
Ah, one dollar for everyone without an argument making a snipe at my username. It's a pretty good idiot trap, isn't it? Helps me recognize the point when further discussion is useless.
"[The Federal Reserve] was created by Congress so that it could manuever around the Constitution and legally create a fiat currency."
The Congress cannot delegate powers it doesn't have. The Congress has the power to " lay and collect Taxes, Duties, Imposts and Excises", "To borrow money on the credit of the United States", To coin Money, regulate the Value thereof, and of foreign Coin", "To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powe
Smeagol (Score:5, Insightful)
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When our economy is plagued by the cancer of debt then compromise is not the best idea. Lets wait a few more years for the tumor to grow, or just chop tiny parts off it. Either you deal with it or let it consume you. The Tea Party movement is just the rationalization of that fact, after years of denial the populace is finally accepting the situation and urgently want it dealt with.
Hearing McCain complain about peoples actions inadvertently re-electing Obama is just hilarious. After his amazing run fro
Re:Smeagol (Score:2, Insightful)
Forcing a default on the US government, sending massive shockwaves through the global economy, which is already trying to deal with a potential partial Eurozone meltdown, that's not a sensible solution. That's the solution that self-destructive nihilists would take. It's almost like a financial Armageddon cult has taken over Congress.
And Obama, well, he gets the chance to do a number of things, including the 14th Amendment stunt, and look like the calm, collected rational president, just like when Bill Clinton outmanoeuvred House Republicans. I'm sure Clinton has told Obama that if he gives the Republicans enough rope, they'll hang themselves.
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Forcing a default on the US government,
The Treasury takes in ~$2T/yr in revenues. Interest payments on the debt are ~$200B/yr. This still leaves enough for SS, Medicare/caid, military salaries, and pretty much all the bare-bones essentials.
The thing that horrifies Progressives is that it would necessitate slashing the Federal bureaucracy. The only way a default on the debt would happen is if the President ignored his Constitutional duties and chose to spend the money elsewhere.
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Then what's your solution dipstick? Cause playing kick the can with a hand grenade when the further down the road you go the more inflammable your surroundings get is not an answer.
Re:Smeagol (Score:4, Insightful)
The solution is a compromise, accept some tax increases and then work towards a rational solution. Pulling the pin on the hand grenade will help US interests how?
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Because the rational solution (Reducing spending) never happens.
It's Lucy and the football. "Sure, we'll reduce spending in the future, just raise taxes now."
Every time the Republicans fall for it, spending is never reduced.
This time they're asking for cuts NOW, and the whining, and bitching and COMPLAINING from the Democrats being forced to cut is ridiculous.
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Pulling the pin on the hand grenade will help US interests how?
By removing the hand grenade as a tool of negotiation. If you survive the blast, that's darn handy.
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Forcing a default on the US government
There you go, swallowing those lies and mistruths you've heard blasted louder than anything else, on every major media outlet (and on some of the smaller ones). Refusing to not borrow more money will not, in fact, force the government to default on it's loans. The government still has enough money to pay the interest on the loans, no muss, no fuss. It may not be able to pay other people; foreign aid, congress, defense contractors, but it will not default on it's loans unless the President chooses to. Not to
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"[The Federal Reserve] was created by Congress so that it could manuever around the Constitution and legally create a fiat currency."
The Congress cannot delegate powers it doesn't have. The Congress has the power to " lay and collect Taxes, Duties, Imposts and Excises", "To borrow money on the credit of the United States", To coin Money, regulate the Value thereof, and of foreign Coin", "To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powe