Category Archives: Political Rants

Political Rants

Lemmington D.C.

My dad never said it to me, but growing up I heard it said by adults to impressionable young people many times. The conversation would go something like, “But, dad… all my friends are going. Why can’t I?” And dad (or whoever) would say, “Well, if they all jumped off a cliff, would you do that, too?” It’s such a staple of parentage as to be cliche, but I’m not certain the G.O.P. class of 2010 was ever confronted with that type of challenge when they were in short pants. (Perhaps they are still in short pants – I’ve only ever seen most of them from the waist up.)

There’s nothing particularly unique about this attitude. It is, however, being applied in a very, very destructive way right about now. I will be charitable and suggest that perhaps many of these freshman House members (and some of their more senior colleagues) simply do not understand the gravity of the situation. Having said that, I’m going to do what people who say “having said that” inevitably do and say the complete opposite. I think it’s very possible that they know their failure to raise the debt ceiling is going to result in disaster, and that they hope that will gain them political points and cost the president more than a few. The Norquist-endorsed promise never to contemplate higher taxes under any circumstances is a very attractive position for conservatives and watery republicans like Boehner. It’s very, very shiny. Also, the consequences of breaking that promise are painful for them to contemplate. So …. over the cliff we go!

I’ve gotten agitated about this impasse over the last couple of weeks, as some of you readers know, and last night I took it upon myself to write my representative, Richard Hanna (R-NY) and ask him to be the adult in the room, show some leadership, and get his caucus to stop using the debt ceiling as a cheap bargaining chip. It was a respectful, serious letter – very unlike me. This is the response, in essence:

I voted no on H.R. 1954 which would implement the President’s request to increase the debt limit by $2.4 trillion. The bill did not include any spending cuts or budgetary reforms. I do not support raising the debt limit without any spending cuts or budgetary reforms. I do, however, understand that raising the debt limit will eventually be necessary and I hope that when the time comes it is accompanied by reforms that put our nation on a path to long-term fiscal responsibility. This will ensure that the dollar remains the world’s reserve currency and that the United States maintains a solid credit rating, boosting our fragile economic recovery and job creation.

Okay, so he’s another lemming, basically. He supported the efforts of his caucus to politicize the debt ceiling vote, and though he admits that raising it “will eventually be necessary,” he hopes it will be accompanied by “spending cuts or budgetary reforms”. He then expresses the hope that the austerity measures he advocates will bring about the credit security that his conference’s game of chicken – which he apparently supports – is threatening to blow to smithereens.

This isn’t the first time otherwise sensible legislators have followed wingnuts off a cliff. But it just may prove to be among the most disastrous.

luv u,

jp

Political Rants

Barry’s hand.

The ongoing debate over raising the debt ceiling has dominated another week’s worth of news coverage. Now Moody’s has put the U.S. government “on notice” – something I thought only Stephen Colbert could do – that our debt rating may be downgraded if the current impasse continues. As I mentioned in my last rant, this is a manufactured crisis. It’s a standoff not over debt yet to be incurred, but debt already booked by Congress by virtue of budget items already agreed to. There is no reason for this threatened default other than to make political points… and yet it continues, even though the downside risks are substantial.

How substantial? Default – or even near-default – could cause a global financial disruption on a scale that would dwarf that of late 2008. At the very least, a downgrade of the investment rating of U.S. Treasury bonds would be not only unprecedented but extremely costly, making service on our existing debt far more costly, blowing an even bigger hole in the federal budget. If that alone were to happen it would be bad enough. But these facts just don’t seem to register on Capitol Hill.

It’s often been said that, in a Democracy, we get the government we truly deserve. Last fall, the American people – by voting or by abstaining to do so – sent to the House of Representatives a class of Republicans that amount to the American version of the Taliban. The core of this class are fanatical believers in their own delusions; they see reality as a nefarious socialist plot. Fueled by tea party faux-populism, the new G.O.P. goes beyond their party’s traditional obsession about cutting taxes. Anything – anything – that brings more revenue to the Federal government is to them an unacceptable burden on the American taxpayer. (i.e. rich people. They apparently don’t consider burdensome the enormous costs displaced to workers, pensioners, etc. as a result of the massive cuts to Medicare, Medicaid, and other programs they demand.) That much is a given. The only wild card is in the president’s hand – what will he sacrifice to appease them?

This is what we voted for, whether we realize it or not. More likely not, since the Republicans did not advertise this part of their program. (It was going to be jobs, jobs, jobs, remember?) While it’s far from the only thing we need to do as citizens, it’s obvious that voting is essential… just as it’s clear that we need to hold our leaders – namely Obama – accountable when they give away the store.

luv u,

jp

Political Rants

Fighting ground.

Okay, let’s get one thing out of the way at the start: very few people enjoy paying taxes. To that I can only add my own personal observation that the people who seem to complain the loudest about taxes are the ones who can most afford to pay them. They have an excellent means of making their complaints heard, too – it’s called the Republican Party. In fact, in service to those who would pay not a single dime more than the historic low rates they’re paying today, the G.O.P. is creating a default crisis out of whole cloth by linking the authorization of additional borrowing to the conclusion of a draconian budget agreement that will gut the essential social programs they have always sought to defund, privatize, etc.

The two things, of course, have nothing to do with one another in the real world. Raising the debt ceiling is merely addressing financial commitments that have already been agreed upon. It is something the Republicans have gladly passed many times before under their own presidents, as well as under Democrats. They have seized upon it because it offers an opportunity to, in effect, put the entire nation up against a wall until we give up on the idea of not spending our elderly years in penury. (That’s sooooo 1960’s of us.) The Republicans see an opportunity here to realize what they could never accomplish during George W. Bush’s tenure – privatization of Medicare, pirating Social Security, and locking in massive tax cuts from now until perdition. And they sense, perhaps correctly, that the Democrats don’t have enough fight in them to stop it.

I will gladly crib Bernie Sanders, Keith Ellison, and Dean Baker on this – Social Security is not – repeat, not – part of any budgetary problem. It is fully self-funding for the next 25 years with no changes whatsoever. How many programs can make that claim? The G.O.P. and spineless Democrats merely want to pirate the fund to pay for extending Bush tax cuts for the richest people in the country. Regarding Medicare and Medicaid, they are single-payer systems dedicated to the elderly, poor, disabled, and stricken amongst us. The rest of us – those who are relatively young, fit, and almost never need a doctor – are reserved for the profit of private insurers. Single payers systems only pay for themselves when everyone – sick and well, old and young, rich and poor – participates in them. If we want to solve the funding problem, we need to decide whether we can continue to afford contriving a profitable market for companies like BlueCross.

In short, the deficit hawks in the Republican caucuses are blackmailing us into funding tax breaks for wealthy people – including the fuckers who caused the financial crisis – by crippling our already inadequate social safety net.  I say, call their bluff. This is ground worth fighting for.

luv u,

jp