The financial press is putting the pressure on big time. Right now on Bloomberg.com, there are two front page articles that totally nail Boehner and the republicans. As many have pointed out, eventually the banksters would put the pressure on for a deal, and I think we are seeing that today, big time. Follow me below the squiggle.
First up, an article that reminds everyone that the items causing the deficit were caused by and voted for by the repubs. It's a blatant and searing reminder as to why we are in this mess. Here's a sample:
Yet the speaker, House Majority Leader Eric Cantor, House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell all voted for major drivers of the nation’s debt during the past decade: Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits. They also voted for the Troubled Asset Relief Program, or TARP, that rescued financial institutions and the auto industry.
Read the rest. Simple, straigtforward and completely true.
Ah yes, truth. Something Boehner knows nothing about. Jonathon Alter writes a scathing commentary on just how much John Boehner lied through his teeth last night. Again, here's just a sample:
Speeches by politicians are usually full of spin, biased use of facts and appeals to emotion. President Barack Obama’s address to the nation last night on the debt ceiling was no exception. House Speaker John Boehner’s response was in a different league. It was chock full of statements that simply aren’t true.
The article is entitled "Boehner's Response is a Work of Political Fiction" and the remainder of the commentary is a litany of all of the big orange lies. It's a great takedown.
I think when the financial press starts piling on and pointing out that the republicans caused this mess and are desperately lying, the end game is very near.
I don't know how this will play out; it will likely be a horrible "compromise" and a short term fix at this point. But I do so enjoy seeing a normally conservative website with multiple, hard hitting articles on the front page.
11:48 AM PT: Customary thank you for the rec list...first time, and I'm honored.
1:12 PM PT: Read Joan's post on the front page for a better commentary on the first article on the Republican responsibility for the deficit: http://www.dailykos.com/...
9:40 PM PT: Changed title based on Land of Enchantment's wise criticism of my usage of violent language. Thanks, LoE.