From the VOMITORIUM
Let us be honest……Actually…..ALL politics is a game….a game of spin, of stats, of people……we just finished one game….that being the deadline game of the 2011 budget…..both sides pushed that issue to the limits and then miraculously a deal was struck…and then both sides could claim victory and the peasants back home….danced…..
That was round one and now we will move on to round two…..and that would be the raising of the debt limit….the spin machine has been working overtime and the media has been doing the tango with the politicians to keep it in the news (always look for what they are trying to suppress…it is called a misdirection)…..any way we will be bombarded continuously with this news story…..but go to the local town square and ask people what they think about the national debt….you will be surprised how many do not CARE….most want to see the economy grow and to find a descent job…..but the major story will be the catnip for the media…..the debate on whether to raise the debt ceiling or not……
I know that many of my conservs friends think that I am a bit too sarcastic or pessimistic….but if it is NOT a game then what the Hell would you call it?
From Politico……
Republicans are growing increasingly concerned about the impact a bruising fight over raising the nation’s $14.29 trillion debt ceiling could have on U.S. financial markets.House Speaker John Boehner (R-Ohio) has had conversations with top Wall Street executives, asking how close Congress could push to the debt limit deadline without sending interests rates soaring and causing stock prices to go lower, people familiar with the matter.
Republicans and even some fiscally conservative Democrats want to use the debt limit fight as leverage to wring more significant spending cuts out of the White House. Politicians of all stripes are worried about how independents will react to a vote — or multiple stop-gap votes — to raise the debt ceiling. Many executives on Wall Street believe Washington is playing an enormously dangerous game with what is typically a non-controversial vote.
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Thanx Jackie……can use all I can get…..
but go to the local town square and ask people what they think about the national debt you will be surprised how many do not CARE….most want to see the economy grow and to find a descent job
God’s truth right there.
Spinny, I spend a lot of time talking with people and the debt NEVER, and I mean NEVER comes up…….when will the GOP start delivering on what they promised? This is typical Repub crap…..every time they get in the majority they try to crap on us little people in favor of their corporate bosses…..
Probably because they’re more worried about their own debt.
Then why do we as Americans allow these dinks to avoid doing what they say? That has always made me crazy? It is a never ending cycle of…we vote….they screw…..we vote…..they…………
They’re distracted by the other stuff they’re doing like abortion theater.
I agree with everything you say eacept ONE part – whther the ordinary people want it or not the debt MUST be reduced – how that is done is another argument, but it CANNOT be ignored – the US just isn’t that big any more in the world scheme of things…
There is some merit in the idea that “going solely for growth” would solve the problem (in part), but it’s a VERY dangerous strategy. If you do that and the growth doesn’t happen, or doesn’t happen fast enough, then the US economy may NEVER recover. In any event, if those doing the lending take fright, then huge growth would be needed to even stand still.
The REAL problem is that, as Spinney Liberal says, these people you have in power (all of them) are not really inderested in anything but their own ideologies and their own personal interests, so nothing good will come of any of this.
I know…the debt must be raised or the US could default on its obligations…..inflation would most likely rise and the recovery would go into the crapper…..but most people do not understand that and are more concerned about tomorrow than the argument on the debt….
PS: Sorry about all the typos – it’s late here… 😆
My excuse is that it is usually too early and before coffee…..LOL
BTW, I am guessing you have been busy….you comments are usually earlier than in the past week or so….hope all is OK…..