Everyone is discussing the idiocy of Republicans because EVEN THEY CAN'T AGREE ON A REPUBLICAN PLAN, ONE THAT SAVES US FROM A CATASTROPHIC COLLAPSE OF THE ECONOMY.
If Republicans can't agree among themselves, isn't that where the real problem lies?
But these are not stupid people. Some actually graduated high school.
The group that is jamming up the works, and has since we began negotiations, is the Eric Cantor Group in Congress.
They originally stated that the rise in deficit, must be matched by cuts.
When that happened, they said there must be cuts in entitlements,...
When that happened, they said the budget must be balanced....
When that happened, they said the budget must have a balance budget amendment that must get passed by 2/3 of the states in order for them to raise the debt ceiling...
That is impossible... Most states do not have legislatures in the summer, and getting that on a ballot, without a legislature in session, is near impossible.
And so they upped the ante... They said there should be a shift of $4 trillion to take care of the long term debt problem.
When that appeared to be happening, they ... stormed out of the meeting, did not return phone calls, and said it was impossible to negotiate with someone who wouldn't agree to their demands....
Since it was impossible to negotiate with someone, they decided they must pass the solution themselves in the House, and force the Senate and President to concur ......
When that appeared to be happening, they.... stormed out and voted it down, saying even it... wasn't Draconian enough......
Some people may shake their head at this bunch and mutter under their breath... "gee, what a bunch of losers..."
They aren't. They're getting exactly what they want... the collapse of the economy... The last collapse wasn't big enough... they only got one house of congress... The next one must be gigantic, flattening out all economic activity, in order for them to win both houses in 2012 and the Presidency.....
If the economy doesn't collapse, and doesn't collapse totally, they haven't a prayer of being re-elected.. especially the way America feels about them now....
Never once, was there any idea among Cantor's group, that the US debt ceiling would be raised to avoid catastrophe.
This crises is all by their design.........