Wednesday, July 27, 2011

Clarity from the press on the republican created debt crisis?

With every passing day, America is closer to defaulting on the nation's debts — with unknown consequences but you can expect the worst— due to Republicans' refusal to negotiate in good faith with President Obama and Congressional Democrats.  Republicans spent the money, now they don't want to pay the bill unless the entire country changes its values and does everything the narrow Republican way.  The Republicans have taken our economy hostage.  That is  blackmail.  I thought we didn't bargain with hostage takers? It's time to stick to our principles, no more inane bargaining with the republicans.  If they want to vote for a clean debt ceiling bill fine, otherwise we're not interested in their phony values and their miserly view of America.  It's on their head.  One great thing about a default is that finally we'll have some shared sacrifice. 

 Great article at the nation by Jamelle Bouie
 When will the press wake up and blame Republicans?
 Likewise, headlines at MSNBC, CNN and the Washington Post – “Boehner, Reid Appear to Give Ground” – imply a parity of intransigence, as if both Republicans and Democrats refused to compromise on their priorities.
Of course, the literal opposite is true. It’s the Republican Party that broke from decades of precedent in order to use the debt ceiling as leverage for right-wing policies, and it’s Republican leaders who pledged – from the beginning – to take this to the brink unless Democrats capitulated to their demands. Here, for example, is what House Speaker John Boehner said several months ago in an address to the Economic Club of New York:
“Without significant spending cuts and changes to the way we spend the American people’s money, there will be no debt limit increase,” Mr. Boehner told members of New York’s business and finance community. “And cuts should be greater than the accompanying increase in debt authority the president is given.” Mr. Boehner said those cuts should be in the trillions of dollars, not billions.
After a month where Democrats have repeatedly given into Republican demands – even going as far as to raise the Medicare eligibility age as part of a deal – is it too much for the press to say that this is a crisis of GOP’s making?
 Apparently, it is asking way too much. 

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