Posted on 10/03/2013 10:26:52 AM PDT by illiac
WASHINGTON (MarketWatch) -- House Speaker John Boehner has told colleagues he's determined to prevent a federal default and is willing to pass a bill raising the debt limit with both Republican and Democratic votes, the New York Times is reporting.
(Excerpt) Read more at marketwatch.com ...
Which is exactly what the DUmmies are hoping for
Last night I was reading the book Collidge by Amity Shlaes. In one part of the book she notes that “progressives...seemed to push and push; one gave in to them only to feel them push farther”. This described liberals today just as it did back in the 1920’s. They push relentlessly.
If Boehner caves, he needs to step down. Why is Cruz the only one willing to stand on principle?
Sharing your ideas with some friends but won’t include your FR nick
No need to correct that typo.
Paint me a shade of “not shocked”.
Obama has been pwnd, dude. We're winning, stop chicken-littling it, OK?
Nobody in the markets is worried about the Shutdown. It's over and non-news, eventually it gets settled. It's the debt ceiling fight that counts. This is very smart on Boehner’s part.
If we try to fight both of these battles simultaneously we are setting a huge trap for ourselves we won’t be able to get out of. We are giving the Democrats and Obama, as well as their press allies, a huge out to talk about “default, default!” and take the focus completely off of the Obamacare disaster. Obama and the Democrats are trying to tie the two of them together as one issue, which is another lie - a lie we will make “true” as far as perception if we don’t take this off the table to get back on the Obamacare “shutdown” issue.
I’ll agree with Boehner’s strategy on this - only if this also means he isn’t caving on the “shutdown” battle...ONLY if... The debt ceiling issue will come back again unfortunately all too soon. Boehner and the GOP should also use this as a teaching moment to illustrate how out of the control the spending has gotten - even when the government is shut down, we are still spending so much we are risking default (I certainly hope they are smart enough to come up with this on their own and handle it appropriately but of course...they don’t have the best track record...it’s no reason sometimes we call them “the stupid party”)
Good comment, plus you send a clear signal to the markets - we’re not crazy. We know the debt ceiling is the critical vote.
It totally knocks out Obama’s stock market scare tactics. We’re winning.
Wtf is wrong with him? So much for fiscal responsibility
They were going to raise the debt ceiling anyway. Any move up to it was just posturing. Both sides knew it.
Check this out - you’d think the author was reading this thread ;)
http://thefederalist.com/2013/10/04/republicans-shouldnt-play-obamas-debt-game/
The deficit has been plunging since Sequestration, there is no way we should trade this away. For anything. At all. Ever. A Grand Bargain is a huge loser for us. It’s the Establishment’s way of getting rid of the sequester.
“Republicans picked the ground they wanted to fight on, so fight on that ground. Don’t split your forces between two hills, and don’t give Obama the opportunity to change the conversation [away from Obamacare] with scary talk.”
If the fight is shutdown vs obamacare, then so be it. Let’s stay focused on this and not spread ourselves too thin.
The Treaty of Paris, signed on September 3, 1783, ended the American Revolutionary War between Great Britain on one side and the United States of America and its allies on the other.
17.83 Trillion dollars. What a great Patriotic number to make the limit of our Total National Debt that we will agree to pay back, with interest.
When we know, with certainty, our limit of Total Debt, we can then chose either the 10 or 15 % Reduction in TOTAL Federal spending on a year to year basis to get our National Debt back to the pre-TARP National Debt Level.
America will then be returned to the Civilized World !
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