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View Diary: Magic tricks, loopholes, government shutdowns and the debt ceiling (158 comments)

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  •  The point was to not let there be a backup (2+ / 0-)
    Recommended by:
    Gary Norton, kat68

    so as to let the GOP off the hook. It may appear to have been a really high stakes play on Obama's part, and perhaps it was, but it put ALL the onus on the GOP in case they were insane enough to do it. And they blinked. Which I always expected them to, making it less high stakes than it appeared IMO.

    "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

    by kovie on Sun Jan 20, 2013 at 08:58:47 AM PST

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    •  there always has to be a backup (0+ / 0-)

      when your plan depends on other people.

      It makes it as you say less high stakes than it appears because he has outs.

      •  It has to be a viable and necessary backup (0+ / 0-)

        And these measures would have been neither, unnecessary because the GOP was never going to do it, and unviable because they wouldn't have prevented the markets and economy from tanking.

        This was Obama's only play, and he played it well.

        "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

        by kovie on Sun Jan 20, 2013 at 09:30:00 AM PST

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        •  why wouldnt it be viable or necessary? (0+ / 0-)

          I think the GOP wasn't going to do it is not supported simply because they've decided not to do it.

          I think Obama deciding to continue honoring our obligations would have prevented markets from tanking.

          •  Markets would have doubted the legitimacy of such (0+ / 0-)

            backups and reacted harshly. But Repubs were never going to do it because they're not THAT stupid and their corporate and financial overlords would never have let them do it. Despite appearances there is a method to their madness and I think that Obama's finally clued onto it.

            "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

            by kovie on Tue Jan 22, 2013 at 03:33:40 PM PST

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            •  have to agree to disagree (0+ / 0-)

              I dont think Repubs were never going to do it because many in the Tea Party are that stupid and they aren't beholden to corporations at all.

              I also don't think the markets would have doubted the legitimacy of it.

              •  There simply aren't enough teabaggers (0+ / 0-)

                There was always a majority of house members to avoid this, provided that the Hastert rule be broken. Which is just was, yet again.

                "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

                by kovie on Thu Jan 24, 2013 at 09:27:39 AM PST

                [ Parent ]

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