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The Fiscal Thingy is much on our minds today, and Greg Dworkin weighs in with some polling on the issues in play, and who Americans trust to deal with them. Hint for Republicans: your hand is not a strong one. Armando joined the discussion to note that some commentators are making the case that Republicans actually do best by conceding to the Democratic position on taxes. And we remind ourselves that if it's a "fiscal cliff" to combine even modest tax increases with sequestration that takes government spending out of the economy, then we do no better by replacing sequestration cuts with social safety net cuts in that equation. After all, as Republicans love to remind us (when the subject favors them), "money is fungible!" Finally, a little bit of filibuster reform discussion. Tired of hearing that majority vote rules change is a "slippery slope?" Well, how about some historical data that suggests it's not really all that slippery after all?

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Comment Preferences

  •  if sequestration is wrong, i dont wanna be right. (1+ / 0-)
    Recommended by:
    David Waldman

    sorry couldn't help it.

    "the good guys play to stun. the death eaters play to kill." --jlms qkw

    by bubbanomics on Wed Dec 12, 2012 at 10:03:17 AM PST

  •  The Congress is tasked with managing the (0+ / 0-)

    currency.  That is, they are supposed to see that the supply is adequate.

    Trying to use the currency to control the economy is abusive.  Just as using the law to control normal (non-injurious) personal behavior is abusive.

    Congress has been rationing the currency for decades in order to manipulate state, corporate and individual behavior. It is possible that the usual social reaction to rationing shows up when the currency is rationed, as well.  That is, rationing prompts hoarding.
    We can see evidence for that in the fact that although there has been a steady increase of currency in circulation, the velocity or rate at which each dollar moves through the economy keeps decreasing. Everybody is holding on to as much money as they can for as long as they can when the purpose of money is to be spent. Money is inherently worthless, like the inch, but invaluable as a measurement. It needs to be used, not saved.

    We organize governments to deliver services and prevent abuse.

    by hannah on Wed Dec 12, 2012 at 10:05:59 AM PST

  •  We actually have a full on solution in terms of (0+ / 0-)

    Getting the economy back on track, and therefore solving the problem overall.

    It is called Marijuana legalization. Like Dave Letterman pointed out the other night, some 60% of Americans have decided that pot is a good thing.

    But our beloved leader, one Barack Obama,  thinks that marijuana is " a public health issue." To those ends, he continues the "uniquely American:" solution of continuing to spend time, money and resources destroying the lives of those who  are growing one of Mm Nature's better ideas.

    Over the past decades, the government of the USA has spent over One Trillion Dollars on the Drug War The government officials did this even though 95% of all drug users don't do heroin, speed, or PCB, but only do marijuana. (Okay, maybe a tab of "X" here or there.)

    And for this one trillion dollars that has been spent, what did we citizens get? The current totally screwed up  and lousy police state.

    Offer your heart some Joy every day of your life, and spread it along to others.

    by Truedelphi on Wed Dec 12, 2012 at 12:28:12 PM PST

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