Skip to main content

I'll start by conceding that I don't have a fully clear understanding of the underlying machinations associated with the debt limit increase, but I haven't seen any convincing evidence against Obama and Dems just holding the line on a clean debt limit increase vote. Arguments against seem to be based on the assumption that Dems are going to crumble and accede to Rep demands in order to get it passed, but I don't see any signals suggesting that's a likely outcome. The assumption is based on previous concessions, but assumes that Dems haven't learned from previous concession-based failures, and ignores the inconvenient truth that the key Dem players are all apprarently willing to call the Rep bluff on this.

And it is a bluff. Whatever power and influence the far-right tea partiers hold, material interests are holding the leash. There may be some players betting against the house here, but the repercussions of a US debt default are devastating, and the majority of the big money players have no interest in playing that game out. You'll notice that there is no well-funded media blitz advocating for Cruz' crash and burn version of Economic Chicken. So far it seems to be just Cruz and Palin shouting "Burn Baby Burn!".

At this point, Republicans own
-the potential government shutdown.
-the potential US debt default.
-the ongoing sequester.
Why the hell would Dems consider negotiating? All they have to do is hold the line, while Cruz and his enablers/supporters' voicemails pile up with very important messages from key funders that "Crash and Burn" is not a viable option. Whatever game Boehner is playing, he has to factor in that his choices are going to determine the viability of the Republican party for a generation or so.

One clear outcome from the last time we went through this is that US debt default is a non-option. We may be stuck inside of an escalatingly insane version of Monopoly, but even the sociopaths know they're going to lose if the bank gets set on fire.

I see no value in Dem attempts at negotiation. The Republican Bull is threatening to smash up the china shop, which is all the reason needed for it to be lassoed and neutered. At this point, that course of action is becoming increasingly obvious to bot the public and "material interests".

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site