Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Kindly Note the Impending Bankruptcy (Mark Steyn)
National Review Online ^ | November 30, 2012 | Mark Steyn

Posted on 12/01/2012 10:00:01 AM PST by neverdem

Previously on The Perils of Pauline:

Last year, our plucky heroine, the wholesome apple-cheeked American republic, was trapped in an express elevator hurtling out of control toward the debt ceiling. Would she crash into it? Or would she make some miraculous escape?

Yes! At the very last minute of her white-knuckle thrill ride to her rendezvous with destiny, she was rescued by Congress’s decision to set up . . . a Super Committee! Those who can, do. Those who can’t, form a committee. Those who really can’t, form a Super Committee — and then put John Kerry on it for good measure.

--snip--

But that fundamental dishonesty is the heart of the crisis. You cannot simultaneously enjoy American-sized taxes and European-sized government. One or the other has to go.


TOPICS: Business/Economy; Crime/Corruption; Editorial; Politics/Elections
KEYWORDS: marksteyn; steyn
Navigation: use the links below to view more comments.
first previous 1-5051-72 last
To: Gilbo_3
RE :”thought youd enjoy the closer...
“So given that the ruling party will not permit spending cuts, what should Republicans do? If I were John Boehner, I’d say: “Clearly there’s no mandate for small government in the election results. So, if you milquetoast pantywaist sad-sack excuses for the sorriest bunch of so-called Americans who ever lived want to vote for Swede-sized statism, it’s time to pony up.”

Ironically right now on MSNBC the lib Chris Hayes group is arguing that Americans have to be prepared for higher taxes in the future when the economy gets better. That is these libs ultimate goal for that reason.

But right now Dems are winning playing Santa. So that idea would not be received well. And there is little evidence that Rs want to decrease spending, they may want to decrease Pork while increasing theirs and cutting taxes or some tax reform.

If Bohner wanted to win, and Rs (even here) really believed it was important to win the WH and congress which they endless post dramatic comments claiming , then they would want the economy to fail , as it did under Bush, and for O to get the blame for it.

And then the question is : How do we get that?

51 posted on 12/02/2012 5:49:10 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 50 | View Replies]

To: neverdem
You cannot simultaneously enjoy American-sized taxes and European-sized government.

All we have to do in order to bring our level of federal spending down to our level of taxes is to end the Medicaid, Medicare and Obamacare programs now.. Not in ten years, but now. The federal government should not be involved in our health care industry, period.

It is not the function of the federal government to finance health care for old people and poor people. The majority of people do not get their health care from the federal government. Why don't our politicians represent the majority of the American people anymore?

We need to just bite the bullet and cancel those health care programs, now. That may be a hardship for some at first, but within a decade most people will adjust and make other, private, arrangements for their health care.

52 posted on 12/02/2012 6:21:51 AM PST by Tau Food (Never give a sword to a man who can't dance.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lurking Libertarian
Does that include Social Security? Medicare? Veterans' Benefits? Farm subsidies?

Why wouldn't it? Nobody with their hand in the public treasury should have a say in how much they get.

If voting is all that important to them, they should get off government assistance.

53 posted on 12/02/2012 6:33:13 AM PST by hopespringseternal
[ Post Reply | Private Reply | To 35 | View Replies]

To: Travis McGee
Don't worry! We're going to raise taxes on the 'rich' ...

"But today, if you confiscated every penny the Forbes 400 have, it would be enough to cover just over one year’s federal deficit. And after that you’re back to square one. It’s not that “the rich” aren’t paying their “fair share,” it’s that America isn’t. A majority of the electorate has voted itself a size of government it’s not willing to pay for."

Such a shame that the GOP nominated a candidate who could so easily be portrayed by the shameless DNC/State-run media as an 'out of touch rich guy' only trying to keep taxes low for himself and his rich friends. We ain't called the Stupid Party for nothing.

p.s. nice graphic

54 posted on 12/02/2012 6:52:50 AM PST by Servant of the Cross (the Truth will set you free)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Servant of the Cross

The crash is going to be epic, that’s for sure. Magical thinking eventually slams into hard reality. Nobody can predict what form of govt (or none) will emerge a generation past the crash. The French Revolution led to Napoleon and war across Europe. I shudder to imagine a CW2 in America.


55 posted on 12/02/2012 7:09:01 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 54 | View Replies]

To: lentulusgracchus

Thanks for the reply.


56 posted on 12/02/2012 1:07:49 PM PST by pluvmantelo
[ Post Reply | Private Reply | To 47 | View Replies]

To: Gilbo_3; GOPsterinMA; ding_dong_daddy_from_dumas; stephenjohnbanker; NFHale; Impy
RE :”thought youd enjoy the closer...
“So given that the ruling party will not permit spending cuts, what should Republicans do? If I were John Boehner, I’d say: “Clearly there’s no mandate for small government in the election results. So, if you milquetoast pantywaist sad-sack excuses for the sorriest bunch of so-called Americans who ever lived want to vote for Swede-sized statism, it’s time to pony up.”
Okay, he might want to focus-group it first. But that fundamental dishonesty is the heart of the crisis. You cannot simultaneously enjoy American-sized taxes and European-sized government. One or the other has to go.

I used to make that point about GWB. Like O he wouldn't have spent all that money if he couldn't have justs borrowed it.

But here lies the problem, and this happens too often,

If House Republicans are really holding the middle class tax cuts hostage for equal spending cuts to pay for it as a deficit principle, then they should come out and say that and take consistent action, and consistently stand on a principle. “No more tax cuts unless they are paid for”

But this morning Chris Wallace asked Bohner if he was holding those middle class tax cuts hostage to the rich tax cuts, Bohner said :”No, Obama is doing that”

This seems to be the current talking point, but there is no way Republicans will sell this to voters now. Not after FICA and Romney and the election results...I think Bohner knows he lost and this is all acting to prepare Republicans for it

Bohner is playing a losing hand in this. Not only over tax cuts but now Geithner and Obama have told Bohner (on TV of course) to make public their entitlement cut proposals, if that is what they are demanding. And Republicans are scared to do that for obvious reasons. So once again they go into the gun fight with a twig in hand.

57 posted on 12/02/2012 7:18:51 PM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 50 | View Replies]

To: goldstategop
After all Obama did say, the rich “need to pay more.” By that definition, most people are home free.

The big problem is that those who can get out of this country will, leaving us all will a much bigger portion of the bill to pay. OH BOY! CAN'T WAIT!
58 posted on 12/03/2012 6:01:57 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 36 | View Replies]

To: neverdem
Awesome line:

the federal debt might be better understood as an American Self-Delusion Index, measuring the ever widening gap between the national mythology (a republic of limited government and self-reliant citizens) and the reality (a 21st-century cradle-to-grave nanny state in which, as the Democrats’ convention boasted, “government is the only thing we do together”).
59 posted on 12/03/2012 6:14:01 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neverdem

GREAT piece. Thank you for posting it.


60 posted on 12/03/2012 6:15:11 AM PST by Hemingway's Ghost (Spirit of '75)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Travis McGee
Nobody can predict what form of govt (or none) will emerge a generation past the crash.

In fact if you look at just recent history, DICTATORSHIPS worse than the current systems fill the power vacuum.
61 posted on 12/03/2012 8:49:56 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 55 | View Replies]

To: Eagle of Liberty

Dictatorships cover a lot of ground. Franco or Pinochet is one thing, Pol Pot or Stalin is another. And a few years or even decades of civil war could leave the population totally decimated.


62 posted on 12/03/2012 9:11:51 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 61 | View Replies]

To: sickoflibs
Bohner is playing a losing hand in this. Not only over tax cuts but now Geithner and Obama have told Bohner (on TV of course) to make public their entitlement cut proposals, if that is what they are demanding. And Republicans are scared to do that for obvious reasons. So once again they go into the gun fight with a twig in hand.

Here is what I would do. And if BOEHNER's office is looking at posts with his name in them, I hope they read this one. Take current Ill-Informed "Logic" into account for his next steps:

1) The standard Democrat line of attack no matter who wins ANY elections is that the "Republicans got us into this mess". With this as the line of attack, there are only two options - FIGHT or CAVE. So DON'T CAVE! FIGHT!

2) The next opportunity for the Democrats to gain seats is in two years. So, for two years, I would continue to say NO MORE DEBT INCREASE! And then I would give my reasons why. As you said, stay consistent. "Our problem is not a REVENUE thing, it is that every time Congress is given MORE REVENUE they MIS-SPEND!"

3) The second reason why I would NOT budge on increasing the debt ceiling is because the attention span of the Ill-Informed Voter is so small that nobody will even remember this Fiscal Cliff, even if the outcomes are awful. Besides, go back to #1 as the Republicans will get blamed no matter what.
63 posted on 12/03/2012 9:18:58 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 57 | View Replies]

To: Eagle of Liberty
RE :”3) The second reason why I would NOT budge on increasing the debt ceiling is because the attention span of the Ill-Informed Voter is so small that nobody will even remember this Fiscal Cliff, even if the outcomes are awful. Besides, go back to #1 as the Republicans will get blamed no matter what. “

but you know they will raise it after taking another stand on it. You must know that.

The only question is if they will actually get something for it, or once again get nothing and claim a victory on it, then complain that the same bill they passed is actually bad not good, as with the Budget control Act.

What makes you think that Bohner and CO will do any better than before? (you may not actually believe this, if not assume it was for the reader.)

64 posted on 12/03/2012 9:30:44 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 63 | View Replies]

To: Travis McGee
Dictatorships cover a lot of ground. Franco or Pinochet is one thing, Pol Pot or Stalin is another.

Hmmmm.....perhaps a Pinochet solution WOULD be a better outcome to a CW2?
65 posted on 12/03/2012 9:40:30 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 62 | View Replies]

To: Eagle of Liberty; bert; fieldmarshaldj; RobbyS; Impy; BillyBoy; AuH2ORepublican; GOPsterinMA; ...
RE :” The standard Democrat line of attack no matter who wins ANY elections is that the “Republicans got us into this mess”. With this as the line of attack, there are only two options - FIGHT or CAVE. So DON'T CAVE! FIGHT! “

Actually there are three options not two:

Option 1) Cave and the R party self destructs, Dems win-win. Then Dems move in to bayonette the R party wounded survivers.

Option 2) Take a stand and lose, and then cave (so far this is their favorite option as they do it every time), and then R party still self destructs, Dems win-win.

Option 3) (My favorite) Take a stand and actually beat Obama, then the R party unites as winners and Obama loses and his D party starts shooting each other and self destructs. Then Rs move in to bayonette the D party wounded survivers.

DA-DA!

66 posted on 12/03/2012 9:47:19 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 63 | View Replies]

To: sickoflibs
What makes you think that Bohner and CO will do any better than before? (you may not actually believe this, if not assume it was for the reader.)

You are correct. I am under no belief that Boehner will do any better, probably will do worse. I am also under no illusion that we live in a "Two-Party" Federal system.
67 posted on 12/03/2012 9:48:04 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 64 | View Replies]

To: sickoflibs

I vote for Da-Daaaaa.


68 posted on 12/03/2012 9:53:40 AM PST by DoughtyOne (Hurricane Sandy..., a week later and over 60 million Americans still didn't have power.)
[ Post Reply | Private Reply | To 66 | View Replies]

To: sickoflibs

Yes, but:

Option 1 = CAVE

Option 2 = CAVE

Option 3 = FIGHT

so, yes, in Option 2, the GOP may take one stand before the eventual cave, but both 1 and 2 lead to the same result.

My current line of thinking is that A) The GOP were in the minority in the House for 40 years for a reason, B) The current make-up of the GOP is either in collusion or incompetent, C) I am leaning heavily toward collusion.


69 posted on 12/03/2012 9:54:01 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 66 | View Replies]

To: sickoflibs

Option 4

Democrats will destroy the country - we can stop them... it’s time to rethink... Dems are selfish short term thinkers - looters at heart. Let’s offer to buy our way out. We give them almost everything - then split the country into red and blue - and form our own country..

Dems can open the floodgates to every third world country - give everything away - you know - free this - free that - the usual.But it will be their money - not ours... We’ll have our own country and we can start over... Let’s give them whatever it takes to get the hell out of here.


70 posted on 12/03/2012 10:10:21 AM PST by GOPJ (The economy is so bad MSNBC had to lay off 300 Obama spokesmen - Leno)
[ Post Reply | Private Reply | To 66 | View Replies]

To: Eagle of Liberty
RE :”My current line of thinking is that .....
B) The current make-up of the GOP is either in collusion or incompetent, C) I am leaning heavily toward collusion.”

Its a combination of the two. I been documenting details of both here for two years.

When I say ‘take a stand, then lose and then cave’ exhibit A is the FICA standoff a year ago.
That attempt was so ill-conceived and so ill-executed that even the House members who demanded that fight told Bohner that it was time to give it up. No one in the House wanted to hold out.

Then early this year they passed the final one year FICA cut extension in the House (whatever Reid demanded) out of view. Classic ‘trap yourself’

Losing is losing, winning is winning. That is my ultimate classification.

71 posted on 12/03/2012 10:13:22 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 69 | View Replies]

To: GOPJ
RE :”Let’s offer to buy our way out. We give them almost everything - then split the country into red and blue - and form our own country..
Dems can open the floodgates to every third world country - give everything away - you know - free this - free that - the usual.But it will be their money - not ours... We’ll have our own country and we can start over... Let’s give them whatever it takes to get the hell out of here.”

Why would they agree to let the red states separate from blue when they can impose taxes and Obama-care on them now?
You would trust a deal with them? (I know you wouldnt)

The most loyal base of the R party is +50 over white vote.

Would the ‘United red states of America’ make sure they get their medicare and social security as Ryan promised them?
Would that come from taxes?

72 posted on 12/03/2012 10:20:18 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
[ Post Reply | Private Reply | To 70 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-5051-72 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson