Posts Tagged ‘destructive

02
Jun
11

taking america hostage

Steve Benen: President Obama met with several leading congressional Republicans yesterday to discuss budget cuts and the debt ceiling, and not surprisingly, there wasn’t much in the way of progress…

…one of the more striking aspects of yesterday’s gathering was the increasingly-explicit nature of the Republican hostage strategy … the hostage-strategy dynamic isn’t new, but it’s uncommon for Republican members of Congress to be this candid about their plan out loud. One leading GOP lawmaker acknowledged that the Republican plan is “dangerous,” but the party doesn’t care. Another conceded that the GOP is inviting a “sovereign debt crisis,” but figures Obama would get the blame, so Republicans don’t care about that, either.

…As far as Republicans are concerned, there’s no need to compromise – they’re the ones with the gun and the hostage. Why strike a deal? If Obama caves, they get what they want. If Obama stands firm, and the GOP deliberately destroys the economy, Republicans will blame the president and destroy his chances of re-election.

…this is arguably one of the great political scandals of recent American history. There is no modern precedent for a political party acting like an organized crime family this shamelessly. The American public isn’t hearing much about these tactics, but I can’t help but wonder what the mainstream would think if someone were to tell them that the Republican Party intends to cause a recession, on purpose, unless Democrats drastically cut Medicare and other popular domestic programs.

More here

Thank you Ladyhawke

01
Mar
11

‘the end of the new deal?’

Robert Shrum (The Week): …Barack Obama entered his presidency only months into the financial crisis. Compounded by the pressures of a hyper-media age, the public mood didn’t accord him many months before punishing him and his party in the midterm elections for a recovery that was taking hold but not fast enough, a recovery still more a statistical artifact than a fact of people’s lives. There are now more convincing signs of economic revival, which could yield decisive and Democratic dividends in 2012 — if the results of the 2010 elections don’t stall a reverse in growth and job creation.

…The GOP offered Americans a scapegoat in the recent campaign: A government doing big things in the face of a grave challenge was turned into the Big Bad Government. The very government that was preventing catastrophe was portrayed as causing it….

The wintry weeks of December did see a brief season of bipartisan compromise. But now the GOP, in the House and in newly captured state capitals, is marching relentlessly to the far right. That course won’t advance the economy…

In the House of Representatives, where John Boehner is less speaker than servitor of the Tea Party, the GOP has passed a budget resolution that begins the rollback. It slashes education; unemploys teachers, police, and potentially millions of others; and shreds the fabric of the safety social net, taking the most from those who have the least. The measure attempts to undo basic environmental, consumer, and financial regulation by defunding the regulators. Next on the chopping block, if Republican House budget guru Paul Ryan has his way, will be Medicare and Social Security, the heart of the New Deal legacy.

As economics, the reactionary spasm makes no sense. The evidence is already there. After two years of Obamanomics, forecasts for U.S. growth are being revised upward. At the same time, in the wake of sudden and sharp retrenchment in Britain, what’s rising is unemployment; growth is falling and house prices are predicted to plummet again. But as ideology, the Republican policy makes perfect sense — and presents a perfect opportunity for the true believers who were vanquished during the New Deal and decades afterwards. They lied about health reform — from nonexistent “death panels” to nonexistent cuts in Medicare benefits for the elderly. The Republicans opposed the bill and now propose to defund it. But what the House just passed goes far beyond that: It’s a draconian down payment on dismembering the architecture of social justice and corporate responsibility in America.

Full article here

Thank you Ladyhawke




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