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View Diary: House broken: How the GOP legislative machine turned into a doomsday device (176 comments)

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  •  Dude (6+ / 0-)

    If you accept that all Republicans (and a lot of Democrats) reason to exist is to serve the 1%, then they're basically happy with things the way they are.  Why would they actually want to do anything; they absolutely believe that any crisis won't affect them.  This is a feature, not a bug.

    •  Except (10+ / 0-)

      Recession is not good for the 1%. The GOP leadership's core mission is to disembowel the regulatory state while directing resources toward the industries that support them - to support monopolies and federal funding for the defense industry, to assure than the financial industry is free of meaningful oversight. But those very interests are hurt by recession. They are hurt by downgrading of the US credit score.  They need a deal on the debt ceiling just as much as anyone else.

      But that isn't necessarily the mandate of the GOP Congressional rank and file. The Tea Party types are driven by hatred toward government, ethnonationalism, and ideology... they aren't as easily controlled. Many major financial backers of the GOP are worried about a recession, but they can't control the back benchers anymore. This is the irony - they funded a revolution, which failed to take a majority, but wants to act like one.  

      “If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin.” Charles Darwin

      by ivorybill on Mon Dec 31, 2012 at 09:31:23 AM PST

      [ Parent ]

      •  The Driving Interest Are 0.01% Not the 1%. nt (3+ / 0-)
        Recommended by:
        judyms9, Brother Artemis, mightymouse

        We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

        by Gooserock on Mon Dec 31, 2012 at 09:57:24 AM PST

        [ Parent ]

      •  I'm Not Sure Recession Hurts The 1% (3+ / 0-)

        I know people who are doing well, and they are a lot less wealthy than the 1%.  They took advantage, after the initial shock, of low priced housing and the more restrictive rules that make more people unqualified for loans.  It was posted in another thread (thanks Ricochet67) that the 1%ers he works for have been tax harvesting or taking advantage of tax rules to offset the effects of anticipated tax increases.

        IMHO, all that is being proposed (kicking the can further down the street, raising the taxes on people above $450K, cutting safety nets) will adversely affect the middle class in the long run as much as the recession, if not more so.  It will be hell for many people but some wealthy would much rather rule in hell than to serve in heaven.

        "The only hope is to keep the Republicans from shredding the safety net one hostage crisis at a time." - Kentucy DeanDemocrat

        by Senor Frog on Mon Dec 31, 2012 at 10:05:26 AM PST

        [ Parent ]

        •  It will hurt them in the long run! (1+ / 0-)
          Recommended by:
          Oh Mary Oh

          Unfortunately that will take a while, but I've never seen a ruling elite that continued to be a ruling elite.  We are just repeating history (not exactly of course, but in manner) mindlessly. It would be nice if some lessons were ever learned, but to some people a big bone for them NOW is better than a continuing supply of smaller bones for everybody, including themselves.  Greed and lust for power is all.

          Where are the rulers of Tikal? St. Petersburg?  Rome? Alexandria?

          "They say the Lion and the Lizard keep
          The courts where Jamshyd gloried and drank deep
          And Bahram, that great hunter - the Wild Ass
          Stamps o'er his Head, and he lies fast asleep"

          - Omar Khayyam as translated by Edward Fitzgerald

      •  Recesion is a long-term problem (1+ / 0-)
        Recommended by:
        Oh Mary Oh

        and these guys are short-term thinkers at best. They'll simply blame recessions on the natural working out of the economy as it balances itself.

        Someone else's problem, of course.

        The US Supreme Court has by its actions and rhetoric has ceased to be legitimate. Whiskey Tango Foxtrot - over

        by Rick B on Mon Dec 31, 2012 at 12:27:16 PM PST

        [ Parent ]

    •  Who benefits from economic contraction? (5+ / 0-)
      Recommended by:
      TJ, mike101, mightymouse, Odysseus, Oh Mary Oh

      That is the question to ask. A large portion of the power structure has been championing austerity measures in the US that are guaranteed to hurt the economy. No mater the rhetoric they sprout for the benefit of their ignorant followers, the money men obviously understand what the results will be. Is this merely another opportunity to drive the markets and wages down to allow them to gobble up even a larger share of the economic pie or do they have grander plans?

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