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View Diary: More on the House GOP's new debt limit ransom demand, and by ransom demand I mean complete surrender (93 comments)

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  •  So I'm assuming we'll see a whole bunch (2+ / 0-)
    Recommended by:
    I love OCD, wishingwell

    of diaries from all the folks who assured us Obama was going to give away us all to extend the debt ceiling apologizing for being so wrong? I won't hold my breath...

    •  Two questions (4+ / 0-)

      (a) The administration is in favor of Chained CPI, and the President just reiterated that a couple weeks ago on Meet the Press. Pelosi had to come out and support the WH, and say that Chained CPI "strengthens" SS. So, do you think that we won't have Chained CPI?

      (b) It's a tiny three-month extension (if the Congress actually does it, and if the President accepts their deal, which he very well may not so as to force the "big" deal). This will all be back very soon, before Independence Day. The same exact leverage. Do you really count that as a victory? Is that really what precipitates gifs of Snoopy Dances from some people?

      it fitfully blows, half conceals, half discloses

      by Addison on Sat Jan 19, 2013 at 09:16:51 AM PST

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      •  No guarantee Chained CPI won't happen (0+ / 0-)

        These "emergency" budget bills are negotiated behind closed doors and passed without anyone knowing what is in them until too late.

        As we saw during the last "fiscal curb" fiasco, all kinds of crap was included in the final bill.  Does anyone think chained CPI won't be included in this next agreement, or the one that happens 3 months after that, or the one that happens 3 months after that?

        It's major sleight of hand governing.  Guess which "emergency" budget bill will cut your SS benefits or raise the retirement age?  No matter which bill we choose, we lose.

        Democratic Leaders must be very clear they stand with the working class of our country. Democrats must hold the line in demanding that deficit reduction is done fairly -- not on the backs of the elderly, the sick, children and the poor.

        by Betty Pinson on Sat Jan 19, 2013 at 09:23:33 AM PST

        [ Parent ]

        •  Indeed. (2+ / 0-)
          Recommended by:
          Capt Crunch, PorridgeGun

          So, if this is the new standard operating procedure, we have four more debt ceiling hostages left this year! February/March (the hostage being the budget, which will originate in the GOP-led House and will be awful), May/June, August/September, November/December. Every three months, just like the changing of the seasons, every time in exchange for something. And I suppose we're hoping the GOP will be in a similarly weak position forever? Maybe...

          (Although, maybe Chained CPI is visited upon us via a sequester deal, or a "grand bargain" entitlement deal, or a budget deal -- instead of a debt ceiling deal -- the vehicle really isn't important.)

          it fitfully blows, half conceals, half discloses

          by Addison on Sat Jan 19, 2013 at 09:38:24 AM PST

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          •  It's a reasonable assumption (0+ / 0-)

            and anything could happen, depending on how weak or strong the GOP is, what stories the news media is focusing on, or what the polls show.  

            It's all a manifestation of broken government, distorted and manipulated by former members of Congress and former staffers who now work on K Street and at the "think tanks".  Who better to figure out how to muck up the works than people who worked in Congress for years?

            Democratic Leaders must be very clear they stand with the working class of our country. Democrats must hold the line in demanding that deficit reduction is done fairly -- not on the backs of the elderly, the sick, children and the poor.

            by Betty Pinson on Sat Jan 19, 2013 at 10:14:26 AM PST

            [ Parent ]

    •  Apologizing (0+ / 0-)

      I apologize for sort of thinking that Obama MIGHT hold out, but gloomily wringing my hands and thinking that he would suddenly make some big concessions at the last moment.  

      He has been very firm since January 1, and has been working the business community skillfully and to good effect (they do not want default to crash the economy).

      So far, I am impressed.

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