Tag Archives: republicans

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

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

Winding it down.

Obama announced his plans to reverse the Afghan “surge” over the next year and a half – news that appears to have pleased no one in the political world. I guess he shares the Alan Simpson belief that if you piss everyone – everyone – off, you must be doing something right. It just makes me wonder if the guy ever considered trying to please somebody, sometime. A very typical Obama approach, this withdrawal strategy – right down the muddle in the middle. It’s a lot like his solution to health care reform, Wall Street reform, etc. Basically half-measures where double-sized efforts are necessary. Putting a bandaid on a compound fracture. Cured!

This line kind of sums up my own personal frustration with the president:

“Thanks to our intelligence professionals and Special Forces, we killed Osama bin Laden, the only leader that al Qaeda had ever known. This was a victory for all who have served since 9/11. One soldier summed it up well. “The message,” he said, “is we don’t forget. You will be held accountable, no matter how long it takes.”

Yep, well… that memory / accountability argument is a bit flawed. When it comes to our own bona fide war criminals – people who smashed a country to pieces, killing hundreds of thousands, causing millions of refugees, many of whom will never again see home, etc., we need to “look forward” and not engage in settling scores. Theirs? They pay. Bin Laden had much, much to answer for, no question. But so do George W. Bush, Dick Cheney, Paul Wolfowitz, Donald Rumsfeld, Colin Powell, Condoleeza Rice, Douglas Feith, and others in the last administration. They cooked up a case for a war that killed more Americans than Bin Laden killed on 9/11. So what if it looks politically awkward; did they do it or not? If they did the crime, they should do the time. It’s a venerable conservative position.

Of course, Obama’s got blood on his hands now, as well. In politics there’s an old saying about not breaking the other guys’ rice bowl. With someone as cautious as this president, rice bowls have never been safer.

luv u,

jp