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View Diary: Conservative pundit explains why Republicans are screwed on taxes (137 comments)

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  •  I don't think Moody's matters (0+ / 0-)

    The downgrade anyway after the debt ceiling, primarily due to R obstruction, was a nonevent -  interest rates are still insanely low for US govt debt.

    If I was Obama, I'd just ignore their posturing.  Our creditors will decide on their own whether the USA is a safe bet.  I don't think the rating agencies have as big an impact there as they may think.  

    Regarding the speaker, the constitution doesn't have anything to say beyond the House chooses it.  It could even be somebody not IN the house.  In practice I think that a successful attempt to nominate a minority party member to the Speaker would result in a constitutional crisis (instant court challenges etc).

    Here's what happens to individual reps who buck their party, per wikipedia:

    "It is expected that members of the House vote for their party's candidate. If they do not do so, they usually vote for someone else in their party or vote "present". Those who vote for the other party's candidate often face serious consequences, up to and including the loss of seniority. The last major instance where a representative voted for the other party's candidate was in 2000, when Democrat Jim Traficant of Ohio voted for Republican Dennis Hastert. In response, the Democrats stripped him of his seniority and he lost all of his committee posts."

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