Newt : “Former House Speaker Newt Gingrich said Friday that the upcoming showdown over the debt ceiling isn’t a political winner for House Republicans, but dubbed it a “dead loser.”
“They’ve got to find, in the House, a totally new strategy,” Gingrich said on MSNBC’s “Morning Joe.” “Everybody’s now talking about, ‘Oh, here comes the debt ceiling.’ I think that’s, frankly, a dead loser. Because in the end, you know, it’s gonna happen. The whole national financial system is going to come in to Washington and on television and say: ‘Oh my God, this will be a gigantic heart attack, the entire economy of the world will collapse. You guys will be held responsible.’ And they’ll cave. ”
Newt Gingrich warns GOP on debt ceiling(1/4/2013, Newt video on Politico)
Sounds likely, Newt should know.
Contrary to talk radio mythology Newt caved to Clinton after three government shutdowns and early 2006 gave him (Clinton) the CR he demanded , then Clinton got easily re-elected.
This type of thing only works if the other side thinks they will get the blame. Doesn't the budget run out at about the same time? Obama is going to want lots of extended spending there. Why not tie the debt ceiling to a budget, and other spending bills?
whats the point ??? the PR will mount that the 'R's are being obstructionists, nevermind the lack of a budget from the sinate for 3 yrs...
almost better at this point to get one of those cardboard publishers clearinghouse checks, march up onto the capitol steps, and present the signed, blank check to bambam and proclaim that from this day *forward*, its his baby to do what he wants...let it crash and burn 100% on him...
anything else is going to be a repeated losing game in the media, and just pisses *us* off over and over...
During the peak of Noooooooooooooot mania in last year's Presidential primary, anyone who pointed out this fact to history revisionists was swiftly attacked by legions of Newt fans and threatened with banning.
Unfortunately for them, most FReepers are old enough to remember what happened in the 90s. Newt had squandered away all his authority by 1996 and his approval ratings were in the toilet by late '98 (and had been for quite some time), making him a national joke and punching bag for the RATs to tarnish any Republican by tying them to "Newt Gingrich"
Clinton's re-election was bad enough (everyone though he would be a one-termer in 1994) but it was completely disgraceful that we actually LOST a net total of 5 seats during the '98 midterm election when Clinton and the Dems were embroiled in Monicagate. Unfortunately for us, "beloved conservative leader" Newt was busy boinking mistress Callista behind the scenes.