You have that right and I listened to the press conference and while it is good to have the blank check Democrat approach to spending slowed down there are very bad things in this bill which I find alarming. Specifically the creation of a ‘Super Congress’ which is EPA-like in the sense that whatever comes out of this ‘Super Congress’ can not be stopped without a 2/3rds vote. There are some features of this that are redeeming but the danger is in the question ‘How much do you trust them?”. I certainly don’t.
We didn’t lose in the sense that Washington is still just rubber stamping the debt ceiling but this is much like having your opponent bloodied and then calling a time out to let him recover. Also the credit rating downgrade they keep talking about is a certainity. Its going to happen. This bill is not going to slow that train down one bit. Now I’m not certain that a credit downgrade is a bad thing in the long run because it will make it harder to justify extending debt limits however you can be certain that when it does happen you will have this phrase repeated over and over in the media and campaigns “The Republicans took us to the brink and we are sufferring a credit downgrade because of it”. Will that stick I’m not sure.
That Democrats are not getting new tax increases is not a loss to them. They did lose the debate however the GOP in this deal is pulling its punches in hopes of running out the clock to 2012 and that strategy is a strategy to lose.
We basically have a ‘deal’ that doesn’t really cut the scope of spending and puts a lot of faith in a dangerous ‘super congress’ that will be split evenly between Democrats and GOP. We should know before any vote goes forward who the Republicans are going to be on this ‘Super Congress’ because I just don’t trust the idea and it would take a 2/3rds majority vote to override.
The irony of this is that the scope of debt ceiling increase is bigger than TARP. The first increase will be over 900 billion! This is NEW spending.
Excellent post. I look at this bunch and realize that we wouldn`t get too much more even if R`s ran the senate and had the White House. The reason is that there are just as many Republicans who want pork as Dems—of course they have `good reasons`. This is why we need Tea Party folks IN CONTROL because as we saw this weekend TPers don`t give a crap about the speaker at their fundraiser. We must learn this: THERE IS A FUNDAMENTAL DIFFERENCE BETWEEN THE REPUBLICAN AND THE TEA PARTY MINDSETS. Tea Partiers [it seems to me] actually BELIEVE what Republicans INCLUDING SO-CALLED CONSERVATIVE REPUBLICANS CLAIM TO BELIEVE. sorry for so many caps but we must learn this, and vote accordingly. We have to stop looking at politicians as `our guys/gals` and regard them coldly—do they DO and not just SAY? If yes, support them, if not, out they go. No more of the country club get-along types—it`s time for representatives of stature and honesty.
“‘Super Congress’ can not be stopped without a 2/3rds vote.”
This is crazy. Why would anyone vote for this?
So one Republican can get a kickback to join the Democrats and it takes two thirds to stop it. ABSOLUTELY NUTS!
“‘Super Congress’ can not be stopped without a 2/3rds vote.”
This is crazy. Why would anyone vote for this?
So one Republican can get a kickback to join the Democrats and it takes two thirds to stop it. ABSOLUTELY NUTS!