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Americans Go “From Disappointment to Disgust” with Debt-Ceiling Debate, David Walker Says
Yahoo Finance ^ | July 22, 2011 | Aaron Task

Posted on 07/22/2011 9:43:00 AM PDT by Vintage Freeper

As of Friday morning, there's no deal to raise the debt ceiling and both parties want everybody to know it....

"The real problem is not the partisanship, it's the ideological divide," he says, suggesting there are a "disproportionate" number of Congress members who either either "far right or far left" and don't want compromise.

Unfortunately, political ideology is preventing some in Congress from being "realistic about what needs to be done now and what ultimately has to be done over time," Walker says.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS:
Bipartisanship and compromising with Democrats is the time honored form of insanity of repeating the same mistake, over and over, and over again.

When you are going in the wrong direction, slowing down is better than proceeding full speed ahead. But it is NOT taking a step in the right direction.

Compromising with Democrats may slow our rate of descent into Hell, but what is really needed is to reverse course completely.

If government is the problem, shutting down the government is preferable to making the problem even worse, even if the rate at which it gets worse is slowing.

Trying to get along with Democrats is insane. Democrats must simply be defeated.

1 posted on 07/22/2011 9:43:05 AM PDT by Vintage Freeper
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To: Vintage Freeper
Walker is wrong. Listen to the words of Thomas Paine from Common Sense written in 1776:

"Though I would carefully avoid giving unnecessary offense, yet I am inclined to believe, that all those who espouse the doctrine of reconciliation, may be included within the following descriptions. Interested men, who are not to be trusted; Weak men, who cannot see; Prejudiced men, who will not see; and a certain set of Moderate men, who think better of the European world than it deserves; and this last class, by an ill judged deliberation, will be the cause of more calamities to the continent, than all the other three."

2 posted on 07/22/2011 9:47:17 AM PDT by Vintage Freeper
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To: Vintage Freeper

Ah, yes. Empty rhetoric about the “extremes” on “both sides” ruining everything. Anyone who believes that is a moron.

What exactly is the “extreme” Republican position? What is it? Explain it. Is it that spending should be cut rather than taxes increased? Is that extreme? Well, let’s look at taxes and spending. Spending is at historical highs and taxes are in line with historical norms. How is that extreme? These articles make me sick. I’d rather have a Lib like Reich flat out state that yes, spending has gone up and we want tax hikes to pay for them. At least that is honest.


3 posted on 07/22/2011 9:48:23 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Vintage Freeper
The Democrats have failed to put a budget together for two year. Two years!
The Republicans just put together a plan to raise the debt limit and deal with future deficit spending -- and the Democrats rejected it!

The whole thing can crash and burn as far as I'm concerned. We don't a solution right here, right now, and it is 100% because of the Democrats.

4 posted on 07/22/2011 9:49:31 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: Vintage Freeper

Compromise to the Dems means giving them the increase they want on their terms.

Look at the ‘compromise’ on this years budget. By at least one account, the cuts ended up in an actual increase.


5 posted on 07/22/2011 9:57:39 AM PDT by edge10 (Obama lied, babies died!)
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To: edge10

CUT, CAP AND BALLANCE. NUFF SAID!!


6 posted on 07/22/2011 10:04:04 AM PDT by rjsclassics (bringing people together)
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To: Vintage Freeper
One reason Walker remains optimistic is this week's announcement by Grover Norquist, president of Americans for Tax Reform, that allowing the Bush tax cuts to expire would not violate the 'no-tax' pledge signed by 236 House members and 41 senators. That should give Congressional Republicans cover to vote for a deal that includes some revenue and not just spending cuts.

With traitors like this in our midst, who needs enemies?

7 posted on 07/22/2011 10:05:27 AM PDT by facedown (Armed in the Heartland)
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To: Vintage Freeper

I sent my congresscritter an e-mail that said, whatever you do, don’t reelect Obama with this issue. If he gets to be the one that saw America through the debt ceiling crisis, he’ll be a shoo-in. We have a party animal in the white house with an entitlement mentality and all he wants is his credit card limit upped. Animal Farm was prophetic.


8 posted on 07/22/2011 10:09:27 AM PDT by Sundog (It takes a darn good reason for me to break down and post something these days.)
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To: Vintage Freeper

Compromising with the left on our debt would be like compromising with a cancerous tumor in your brain... remove the tumor or die... remove the debt or the economy dies... there is no compromise that will save this patient... only radical surgery to remove the offending tumor.

LLS


9 posted on 07/22/2011 10:17:34 AM PDT by LibLieSlayer ("GIVE ME LIBERTY OR GIVE ME DEATH"! I choose LIBERTY and PALIN!)
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To: Opinionated Blowhard

What is extreme is borrowing 40 cents of every dollar spent, running up a 14.5 trillion dollars debt and thinking that is not an extreme problem. Republicans are right and the Marxists are wrong. Simple as that.


10 posted on 07/22/2011 10:39:58 AM PDT by jpsb
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Vintage Freeper, and well said.


11 posted on 07/22/2011 10:56:18 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: Vintage Freeper

The only disgust I have is with the Senate and the Pres__ent's adamant attempts to make the problem bigger rather than to solve it.


12 posted on 07/22/2011 11:01:24 AM PDT by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: Opinionated Blowhard
David M. Walker, Clinton appointee

The Dem establishment is trying to fall back to the Clinton-era triangulation strategy.
13 posted on 07/22/2011 11:35:22 AM PDT by yup2394871293
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To: Vintage Freeper

The man was a Prophet.


14 posted on 07/22/2011 11:37:58 AM PDT by AFreeBird
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To: jpsb

The Democrat credo: Spend and borrow.


15 posted on 07/22/2011 11:47:30 AM PDT by monocle
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To: monocle

“If he gets to be the one that saw America through the debt ceiling crisis, he’ll be a shoo-in.”

I disagree. He’ll lose not the debt ceiling issue but over the economy and high unemplayment as well as his extreme socialist policies over the past four years. Obama is toast no matter what happens with the debt ceiling.


16 posted on 07/22/2011 12:20:24 PM PDT by rjsclassics (bringing people together)
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To: rjsclassics
Do you remember that old “ Snake Oil Salesman” Lyndon Bains Johnson?? His idea of compromise was, “ Come let us reason together, until you see things my way”.The reason we are in the financial jamb we now enjoy is because of the intransigent Democrats.
17 posted on 07/22/2011 12:42:27 PM PDT by BooBoo1000 (The Mills of the Gods grind slow, but exceedingly fine.)
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To: Vintage Freeper

This fool’s problem is what’s “realistic” and “needs to be done” is for the damn Dems to LOSE, to drastically slash the budget and entitlements, and to roll back taxes and regulations everywhere.


18 posted on 07/22/2011 1:22:53 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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