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View Diary: NYT: Senate Dems seek one-year 'pause' in sequestration cuts as part of deal (164 comments)

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  •  The debt ceiling is irrelevant ... (0+ / 0-)

    If US Treasury Bonds fall then the Republican's Wall Street paymasters stand to lose trillions of dollars.

    They won't let Republicans jump off that ledge.

    The sequestration is the right deadline to negotiate.

    •  not sure (1+ / 0-)
      Recommended by:
      MPociask

      We're 2 years away from the next election--and these Rs are crazy tea baggers-- the debt ceiling is the only way for them to starve the "beast."  BTW--dow jones spiked up around 12:30--guess that means something is about to be announced.

      Apres Bush, le deluge.

      by melvynny on Mon Dec 31, 2012 at 10:26:00 AM PST

      [ Parent ]

      •  I agree and yet ... (1+ / 0-)
        Recommended by:
        melvynny

        The house tea-baggers are a minority even within their party.

        Wall Street just needs to buy 30 R votes in the house to sign up for a Discharge Petition from Pelosi. And none of these need to be tea-baggers ... just country club republicans from northeastern states.

        I think our side massively over-rates the power of wall St when it is arrayed against us, and massively under-rates it when it is allied with us.

        •  hope (2+ / 0-)
          Recommended by:
          NonnyO, Bronxist

          Hope you're right--about 15 years ago, I talked to once moderate Ben Gilman--my NY congressman.  I asked why he was following Newt's insane contract--his answer was--it was the only way he could keep his committee chair.  That is insane--but probably very common--give up ideals so that you can seem to have power.

          Apres Bush, le deluge.

          by melvynny on Mon Dec 31, 2012 at 10:43:17 AM PST

          [ Parent ]

    •  Tell that to Obama (0+ / 0-)

      Cuz sequestration should have the same dynamic.

      •  It has a different dynamic ... (0+ / 0-)

        Agreed, but there is a difference.

        Sequestration is being sucked into a swamp ... Reneging on debt is taking a shot in the face ... Somehow people are more terrified of the latter more.

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