Posted on 08/01/2011 12:56:21 PM PDT by GreatJoeMcCarthy
SPIEGEL: The world is looking at Washington and sees gridlock and chaos. How much have the negotiations over the United States' debt ceiling hurt America's standing in the world?
Meckler: Saying that these debates have hurt our image is absurd. What you currently see in Washington is one of the most responsible debates ever about the size and scope of government. The world should look at what is going on in the United States as a model for what should happen in all countries.
SPIEGEL: We look at it and see a Congress held hostage by a small group of radical Tea Party members unwilling to agree to any budget compromise and risking a US default.
Meckler: What do you mean by "a small group?" Forty-one percent of voters in the last US election said they agreed with Tea Party values. The primary values of the Tea Party are about fiscal responsibility.
SPIEGEL: You will accept a default if your demands for massive budget cuts and no tax increases are not met. That seems irresponsible and unpatriotic. Most leading economists forecast financial "Armageddon" in that case.
Meckler: Default is a false threat. We take in over $220 billion in revenues every month and our debt service is only roughly $20 billion. The only way we will default is if the President of the United States makes the irresponsible choice not to pay our debts. We Tea Party Patriots put principles first, and we have to understand what America is about. Our country was founded on an idea: liberty. But it requires fiscal responsibility for people to be free. We are becoming slaves to our own government. Every US family now owes $400,000 to $500,000 in national debt. We Tea Party Patriots fight for the future of the nation
(Excerpt) Read more at spiegel.de ...
http://keithhennessey.com/2011/08/01/bca-summary/
Freeper might want to find out what is in the bill before pronoucing it the end of the world as we know it.
Thanks OBoehner.
Sounds like he’s spanking that Kraut.
Thanks for the link!
Lots of possibilities as things play out.
SPIEGEL: Speaker Boehner failed several times to rally Republicans around his plans. Does he need to go?
Meckler: We have polled our membership and 74 percent of our members in our 3,500 chapters said it is time to look at new leadership.
Yep.
In other words. Yes!
Bump for more to read...
bookmark
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.