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Debt Limit, the GOP, and Picking the Right Fight
Townhall.com ^ | January 19, 2013 | David J. Mitchell

Posted on 01/19/2013 6:57:48 AM PST by Kaslin

Edited on 01/19/2013 7:00:27 AM PST by Admin Moderator. [history]

In an ideal world, Congress would not raise the debt limit.

This would force – automatically and immediately – a balanced budget. More important, it would produce a meaningful reduction in the burden of government spending.

And contrary to hyperbole from defenders of the status quo, it doesn’t mean default since the federal government collects about ten times as much revenue as needed to pay interest on the debt.


(Excerpt) Read more at finance.townhall.com ...


TOPICS: Business/Economy; Editorial; Government
KEYWORDS:

1 posted on 01/19/2013 6:57:52 AM PST by Kaslin
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To: Kaslin
Picking the Right Fight

I keep hearing how "This is the wrong time - we have to pick our battles".
I am sick of it!

How long will they wait for the "right fight" to come along before they get engaged and actually fight!?

2 posted on 01/19/2013 7:05:40 AM PST by grobdriver (Sic semper tyrannis!)
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To: Kaslin
Even before the battles begin, Conservative hating Boner and his sniveling band of cowardly RINOs go into conferences trying to figure out how to smooch Obama’s narrow commie ass while making benighted GOP-e pundits like Krauthammer, Krystal and Goldberg say that they are doing the smart thing.

We gotta TEA Party BIG TIME next year or the 2nd Amendment is all we have left!!!

3 posted on 01/19/2013 7:10:07 AM PST by Happy Rain ("Banning guns over Adam Lanza would be like banning speech over Bill Maher.")
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To: Kaslin
GOP, and Picking the Right Fight

The GOP is going to be picking the right fight. It has been two years and they have not found the right fight yet.

ROFLOL!!!

4 posted on 01/19/2013 7:11:06 AM PST by Moorings
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To: grobdriver
How long will they wait for the "right fight" to come along before they get engaged and actually fight!?

There's a long wait where a train don't come.

/johnny

5 posted on 01/19/2013 7:12:02 AM PST by JRandomFreeper (Gone Galt)
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To: grobdriver

When is the El Alamein or the San Jacinto?


6 posted on 01/19/2013 7:14:41 AM PST by Daveinyork (."Trusting government with power and money is like trusting teenaged boys with whiskey and car keys,)
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To: Kaslin

Don’t raise the debt limit,starve spending to death.


7 posted on 01/19/2013 7:25:30 AM PST by Vaduz
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To: Kaslin
Picking the Right Fight

The list is becoming longer all the time. Picking the right fight isn't the real issue these days. The issue, IMHO is we have so few elected 'R' Pol's that are not willing to stand up and fight for those who put them into office. Too many are cowards afraid to rock Obamas boat, afraid they will be called out and made fun of, afraid they won't get invited to WH dinners and other pol functions. Screw Obama and his merry band of thugs and their bullying tactics.

And the Republicans are wondering why they have so few supporters anymore. Old saying applies here, "No guts, no glory".

8 posted on 01/19/2013 7:31:31 AM PST by Ron H. (America on the fast track to oblivion.)
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To: grobdriver

They haven’t been picking any fights. They’ve been on a purely defensive footing for so long that they think not being in the fetal position is an aggressive stance.

Alinsky Rule 1: “Power is not only what you have, but what an opponent thinks you have”.


9 posted on 01/19/2013 7:32:45 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Kaslin
Once again no faith in the American people. OK Congressional pubbies this is really simple. No debt ceiling increase until the Paul Mac Penny Plan is implemented. You need to have something simple, fair, effective, and easily explained to the America people. And this is it. Anyone who attacked this approach could be ridiculed into oblivion. Add the element of continuous process improvement and apply it to the federal government to eliminate waste fraud and abuse and you have a win-win. Shame them. Every minute you delay places our republic closer to utter destruction. What in God's name are you pubbies waiting for?
10 posted on 01/19/2013 7:33:38 AM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: Nuc 1.1

We only have the House. Without the Senate we are helpless. Don’t you get it?


11 posted on 01/19/2013 7:42:06 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Vaduz

You are exactly right. Those who want to raise the debt ceiling assume the country has an never stopping flow of money.


12 posted on 01/19/2013 7:49:46 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Vaduz

Totally agree. Just BRING IT ON....Let the media have a hay day like they did with the Wall Street protest groups as this will bring from the shadows those who are just sitting at home watching OWN and collecting their Food Stamps, Section 8 Housing, Child Subsidies, etc. benefits and living large! Let’s REALLY see IF conservative’s statements about unemployment hovering around 11% or more are true!

We will be worse than Europe rioting!


13 posted on 01/19/2013 7:50:20 AM PST by YouGoTexasGirl
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To: grobdriver

How long will they wait for the “right fight” to come along before they get engaged and actually fight!?


The PR battle over the debt limit was lost with low information voters 2 years ago. With the MSM backing Obama, fighting that battle again would result in the same loss.

The article suggests that the Continuing Resolution is the right place to fight. Since 60% of even low information voters agree that cuts should be made, the House Republicans appear to have a stronger hand here.

The House Republicans appear to believe that the right place to fight is over the FY14 budget. That is why they say they passed a bill to raise the debt ceiling for 3 months, with the condition that the FY14 budget must be passed or Congressional salaries will be held up.

I agree that the Republicans would have a better chance of winning either of these two battles with the low information voters ... but I am not going to hold my breath waiting for them to win, either.


14 posted on 01/19/2013 7:59:14 AM PST by Mack the knife
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To: grobdriver

- Come on, kid. Get in there. Engage.

- You’ve got a bogey at two o’clock.

Take the shot, kid.

You can engage any time, Maverick.

- Where the hell are you going?

- It doesn’t look good.

What do you mean? It doesn’t get

to look any better than that.

Hey, man. We could have had him...

I’ll fire when I’m damn

good and ready. You got that?

- He won’t engage.

- It’s only been a few days.

- He just might not make it back.

- Keep sending him up.


15 posted on 01/19/2013 8:09:09 AM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Kaslin

The GOP will not fight for anything until they control the White Hut, the House, AND the Senate. Then they will wage war on liberalism (maybe).


16 posted on 01/19/2013 8:09:37 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Kaslin

I get it Kas. I respectfully disagree. We are not helpless. We simply need to sell it and put the heat on the dims. We can do it with Penney Plan. The American people will support it. But nothing happens if we don’t have the spine to promulgate and defend the position and then force the implementation by withholding further funding until we move down the path fiscal responsibility. If we don’t start fighting the pubbies are finished as they are loosing their real supporters in droves. And they are close to loosing me and I am a life long pubbie since 1964. So I kinda consider myself a pubbie.


17 posted on 01/19/2013 8:36:07 AM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: Kaslin

Leftest propaganda from Town Hall. Let just keep upping the Federal deficit until the Dollar and the economy are destroyed. Let keep obligating the Young and the unborn to a ball and chains. This so that the Takers can Take a bit longer from those who only give. This is the most selfish Generation that ever existed.


18 posted on 01/19/2013 9:05:59 AM PST by Revel
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To: Nuc 1.1
If we don’t start fighting the pubbies are finished as they are loosing their real supporters in droves.

Ain't that the truth? I know that I'm considering my options -- and, like you, I've been GOP since Goldwater.

In fact, all those polls that claim the Republicans are losing ground and are "out of touch" are basically reflecting the Republican base! It's not "the country" they're losing, it's their own voters!

But, fools that they are, they're talking themselves into "moving toward the middle" in order to gain support from "moderates".

"Stupid Party", indeed.

19 posted on 01/19/2013 9:31:15 AM PST by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: Revel
Leftest propaganda from Town Hall

I got a News Flash!!!! for you. Townhall.com is not the author of the article, it only published it. So if you have something to complain, complain to the author dmitchell@cato.org not Townhall.com

Btw he is far from being a leftists, as is Townhall.com

20 posted on 01/19/2013 9:31:58 AM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Nuc 1.1

No. Deep spending cuts NOW.

No future Congress can be obligated by one from the past, so you’d reduce it 1% for one year, if at that.

We need the Fair Tax, except for the prebate; the poor should, again, beg/barter/grovel for anything from their fellow Man; not be given ‘free’ $$ from the Gov’t from the taxpayers unwilling pocket.

When everyone sees what they are paying THEN something will get done.


21 posted on 01/19/2013 10:07:37 AM PST by i_robot73
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To: i_robot73
The Penney Plan is a one percent reduction in spending per year until the budget balances. It can be enacted that way and is projected to balance the budget in six years. This is assuming the same anemic growth we have now. When we show the spine to do something about government spending I believe growth will accelerate. So the budget will balance so er. More importantly, the public will start to believe they have an ally in government again. This will result in increasing pubbie majorities in the house and senate. So the legislation will stand and the pubbies fortune will rise as long as they follow it.

I am with you on taxes. The ONLY tax this nation should have is a national retail sales tax. I don't agree with any predates etc. Everybody pays, nobody skates. BUT...the constitution will need to be amended. I have developed a number of ideas for amending the constitution. Not because the constitution is and of itself flawed, rather our present constitution is wholly inadequate to control an immoral and unjust people. Especially the political class. And I must say the only way to get these needed changes to the states for ratification will be an article five convention. Congress would never approve the amendments I have in mind because in total they will destroy the power of congress to enslave us. And also the courts and the executive branch. This must be done if we are to remain free. The national sales tax and its rate would be codified in the constitution. The ability of congress to lay and collect taxes would be revoked. Their ability to borrow money limited by requiring three quarters of the state's legislatures approval for any one borrowing authorization. There are others such as; elimination of income taxes, property taxes, and judicial review. Repeal of the seventeenth amendment. The elimination of all federal transfer payments. Amount others. All designed to put the federal government into its proper role. I know it is ambitious.

22 posted on 01/19/2013 12:12:26 PM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: okie01
About the only thing good about getting old is I won’ t be around to be their slaves for very long. Indeed I won't be their slave at all. Good luck FReeper. It is gonna get rough on old coots soon. In the end we have failed the test of tempered self government. Wonder where freedom will reestablish itself?
23 posted on 01/19/2013 12:23:26 PM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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To: Kaslin

BTTT


24 posted on 01/19/2013 4:39:44 PM PST by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Nuc 1.1

Still, one Congress can’t obligate any future; so in theory it works for only one year; hence the ‘drastic’ cuts YEAR ONE. Enough of the phony 5/10 yr. plans that don’t do squat.

2nd, only TAXPAYERS will feel they have some say finally; the moocher class is still (IMHO) over 50% and winning; there’s no guarantee of any true Constitutional leaning (I wouldn’t trust a GOP as far as I could throw ‘em) and thus, any true repeal of our Republic ‘founding’.

Like you, I don’t see D.C. giving up the power they’ve co-opted from the People. No judge, who signs their checks, is going to put them in their place (one flaw...again IMHO). As long as this was the SINGLE issue, I’d say yes, go for it, but many a State (CA, the NE corridor) would try to co-opt to ram more shit.

I’m not too keen on the 23% in the Fair Tax either. They call it ‘revenue neutral’....is that neutral to the true function of gov’t per the Constitution, or the current rate? Is the latter, it can be MUCH lower, letting the States deal w/ the rest. I think we should fight using the 9th, 10th and Art. 1 Sect 8; using the words of those of the Founders and have the Left/Judges spinning on their eyebrows trying to re-think some of the most brilliant minds of the time.

It doesn’t seem that the current GOPe is going to do anything to benefit the People anyhow...might as well go full gusto @ the State level and tell D.C. to F* off and restore the Republic (cut off all funding in the process)


25 posted on 01/19/2013 9:39:19 PM PST by i_robot73
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To: i_robot73
As long as this was the SINGLE issue, I’d say yes, go for it, but many a State (CA, the NE corridor) would try to co-opt to ram more shit.

I believe you are referring to the article five convention here. The beauty of the article five convention is hat congress must forward any convention approved amendment to the states for ratification. Congress doesn't have a choice. Since the states must ratify any suggested amendment, the opportunity for the marxist states and cities to commit mischief checked. Nonsense simply won't be ratified. And ratification is on a state by state basis so we have a chance to correct progressive evil. Still, I won't hold my breath.

26 posted on 01/20/2013 10:13:26 AM PST by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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