Skip to comments.Kindly Note the Impending Bankruptcy (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 Congresss decision to set up . . . a Super Committee! Those who can, do. Those who cant, form a committee. Those who really cant, form a Super Committee and then put John Kerry on it for good measure.
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.
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?
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.
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.
"But today, if you confiscated every penny the Forbes 400 have, it would be enough to cover just over one years federal deficit. And after that youre back to square one. Its not that the rich arent paying their fair share, its that America isnt. A majority of the electorate has voted itself a size of government its 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
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.
Thanks for the reply.
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.
GREAT piece. Thank you for posting it.
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.
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.)
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.
I vote for Da-Daaaaa.
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.
Democrats will destroy the country - we can stop them... its 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... Well have our own country and we can start over... Lets give them whatever it takes to get the hell out of here.
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.
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?
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