Republicans In crisis and a Nation and a Democracy on the Sacrificial Alter

Will Republicans Cause a Debt Default?

  • Yes

    Votes: 4 40.0%
  • No

    Votes: 6 60.0%

  • Total voters
    10
  • Poll closed .
The situation in Washington is due to incompetence. The deficits is a sign of this incompetence, with level of incompetence proportional to the level of the debt. The deficit is the amount of excess needed to create the illusion of competence.

As an analogy, say I asked someone to build me a fence around my yard and I gave them only $100. This is not much, so they would need to depend on their skills and ingenuity. They might use all the money to buy tools and then go into the woods and fabricate the fence from scratch like an old time pioneer. But this would take a rare person would could get the job done with almost nothing.

If we make $1000 available, more people could get the job done, but still they would need skills, since that might cover only the materials. They would still need to know how to build the fence. If we make $10,000 available, now almost anyone can do it, even a high maintenance wife who thinks a nail is something you manicure. The only skill you need is dialing a cell phone to get the fence company. You can will hire others to do the work, so you can accept credit for building the fence.

The deficit is needed because we have unskilled labor leading who lacks the needed skills. We need the $10,000 fence. If you were to reduce the fence budget to $1000 it makes the incompetent look bad. In the world of politics image is important. I am pointing out incompetence in both parties but in terms of individuals there are few who could manage with less. But they get shut down by incompetence.

The republicans are called the evil rich, which means they have money skills that allow them to grow budgets into the black. You don't get to ben an evil rich by living in the red. The waste drives them crazy but they understand the deficit mask of incompetence and how hard people will protect this mask.

When the democrats say if we cut the budget, grandma will starve, that reflects want would happen with less budget and them still in office; incompetence warning. I commend them for warning us about themselves. This is a projection since the skilled money managers who create wealth all the time, don't require as much to get job done. They don't see the same problems, even building the fence for $500. They can use a combination of modern and pioneer skills since this is how entrepreneurs function.

ObamaCare needs to be a huge circus to support the incompetence. The fear of most people is we can't afford to spend so much supporting the incompetent, so they can appear to function properly. We don't need the $10,000 fence. We do recognize health care for all is a good idea, but we would be better off getting skilled workers in there. who can make us the $1000 fence.
 
Oh no! It is that time again when House Republicans must pass a viable spending bill which will prevent a government shutdown. And even worse, House Republicans must raise the debt ceiling or for the first time in American history and through their negligence cause a debt default and send a catastrophic message to the world that the US no longer has a government capable of making rational and competent decisions. It will send the financial markets into chaos and send interest rates on US debt soaring…crowding out all other spending like military spending, Social Security, Medicare, and education, etc. It will be back to the days of a trillion dollar deficits, high unemployment, and recession.

What will they do? What will House leader and Speaker Boehner do? The Republican House leadership understands their problem. The dwindling Republican brain trust understands the problems they face. But again the real question is can they do anything to avoid fiscal Armageddon?

They face the Raucous Caucus (AKA Tea Party Caucus) which is a creation of the Republican entertainment complex. The Raucous Caucus is demanding what they cannot get through normal legislative channels an end to Obamacare. Instead of democratic rule, the Raucous Caucus wants minority rule but only when they are the minority as is currently the case.

Democrats on the other hand are refusing to budget on Obamacare. After years of being maligned by Republicans over the law, the public will actually learn that Obamacare is not what Republicans, especially the Republican entertainment complex, have been telling Republicans and anyone else who will listen, it is. Republicans and everyone else will learn there are no death panels and it is not the catastrophe that Republicans have represented it to be. In fact it will be a success story. Additionally repealing or delaying Obamacare will in fact cost the government more money. Instead of reducing healthcare costs and government spending, reversing Obamacare will increase government deficits and government spending.

Republicans are in a box, but it is a box of their own creation. So what will they do? That is the question. Will they punt yet again with a temporary measure or will they send the nation into an unprecedented and unnecessary debt default and in the process wreck government finances, worsen our debt and deficits and wreck the economy for decades to come? Republicans seem to think they can get away with anything by just blaming their profligacy and ineptitude on Democrats. Are voters really that dumb?


http://www.nytimes.com/2013/09/13/u...ehner-pressed-for-debt-ceiling-deal.html?_r=0

The ultimate goal of the brain dead libertarian wing of the reactionary party has a symmetry with the stated goals of al qaeda. They want to destroy the economy, and government, of this country and shit on the constitution of the US. It's like al quada has infiltrated the congress. What to do about it? To bad there isn't a national recall function where the citizens of this nation can take recall out of the hands of gerrymandered districts full of tea party libertarian terrorist sympathizers. Can't allow them to do what they're trying to do. There seems to be a fairly large faction of Americans who either don't understand the principals of democracy or just don't give a shit. Bad news for America either way. Nice post Joe.
 
@ wellwisher,

In a world.....

So to sum up you are saying that the Marketplace and Republicans have Grandma's best interests at heart? Why hasn't all the record profits that have been accrued for these money managers and job creators eliminated poverty or at the least, paid a living wage for the jobs they do create. But umm let us blame that on the worker and not the greed of those money managers who BTW expect government subsidies to create just minimum wage jobs.

Republicans=money managers=unfunded Gulf Wars=tax breaks for the wealthiest= Great Recession. Wow, what superb money managers, unfunded wars with no return on the investment for most Americans including Grandma) unless you are Blackwater and Haliburton.

So when the marketplace decides you are no longer a skilled worker (yesterday you were) and replaces you with a machine and now you are a starving grandma, will the marketplace provide a safety net? I think not! Damn those labor costs!

Where do you live wellwisher? My grandmother's prescription pill costs were so high she would have starved if not for her children pitching in (subsidizing the marketplace) so she could have enough for food. Did the Marketplace or money managers care about her? That black ink comes at the expense of somebody somewhere, unless where you live there is a utopian free market. When the free market stops creating losers, then you would find me too, extolling the virtues of the free market.Until that time I will favor socialism and a non exploitative free market (small to medium size businesses}NOTHING WOULD BE TO BIG TO FAIL
 
I agree with burcep - good post Joe. That is one of several ways, my long standing prediction (Run on the dollar on or BEFORE Halloween 2014) can come true, with the emphases of the BEFORE, if the right wing of the Republicans has their way. It will be a little later (but still less than + or - 7 months, my 7% margin of error from 31/10/14) if they don't.
 
I think it would look good for the U.S government to make Mexico it's 52nd star considering new mexico, and that mexico is land attached to California! maybe the .tv world would chill out a bit. like they say, 'give a little, makes a lot:eek: of things better!:)
 
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I agree with burcep - good post Joe. That is one of several ways, my long standing prediction (Run on the dollar on or BEFORE Halloween 2014) can come true, with the emphases of the BEFORE, if the right wing of the Republicans has their way. It will be a little later (but still less than + or - 7 months, my 7% margin of error from 31/10/14) if they don't.

We can't allow them to get there way. We the people and our pathetic leadership that can, at least, claim to be sane with supportable evidence. They have to at least do their job which doesn't include holding the world hostage to perpetrate there 'really dumb' anti American agenda. It kinda seems, to me, your predictions have become more important to you than the event? Maybe you think you're just trying to warn everybody else?
 
Say the Repubs do cause Debt Default and the economy tanks, can we bring them up on treason charges?

They should start by getting fired for non job performance. I'll be happy to write the review. Personally I think their ideology is treasonous. It doesn't have anything to do Republicanism. Once they submit a bill to defund the Affordable Care Act [which they did today] they're trying to circumvent the law of the land and I'd vote to make sure they pay for it. They're lying about everything 'Affordable Care Act'. So let's give them their day in court to substantiate all the claims which 'they think' should allow them to break the law. Before to long we'll come to the conclusion that the single payer option is the real path and quit genuflecting to the expendable insurance companies. IE: make the program something all Americans can be served by at Affordable cost. They've become a strange bedfellow even for the 'business as usual' crowd.
 
Say the Repubs do cause Debt Default and the economy tanks, can we bring them up on treason charges?

I wish we could. Their behavior is certainly subversive. But I don’t think the founding fathers ever envisioned the House would act so recklessly and irresponsibly. Republicans will just blame Democrats for the consequences of their miscreant behaviors as they have always done. And it will work in the Republican echo chambers. It will work for the Republican faithful. But I am betting it won’t work with Democrats and the remaining independents.
 
I wish we could. Their behavior is certainly subversive. But I don’t think the founding fathers ever envisioned the House would act so recklessly and irresponsibly. Republicans will just blame Democrats for the consequences of their miscreant behaviors as they have always done. And it will work in the Republican echo chambers. It will work for the Republican faithful. But I am betting it won’t work with Democrats and the remaining independents.

We need to explain that 'they' are not above the law just because they're a [non performing] elected official. They're not exempt. They're exempt because nobody is willing to call it 'what it is'. Who cares if they blame the democrats since it will be a useless defense in a court of law. What should happen to folks who subvert the interest of the American people for personal gain?
 
We can't allow them to get there way. We the people and our pathetic leadership that can, at least, claim to be sane with supportable evidence. They have to at least do their job which doesn't include holding the world hostage to perpetrate there 'really dumb' anti American agenda. It kinda seems, to me, your predictions have become more important to you than the event? Maybe you think you're just trying to warn everybody else?
Yes your second guess is correct. I moved to Brazil about 20 years ago as was already concerned that the US culture was on the wrong path, but hoped it could recover. (My main reason for the move was not economic concerns, but to live with beautiful lady professor I had met in Mexico.) About dozen years ago Cornell sent me report of the "success" of an externally funded program that gave students real money to buy stocks with - bragging that high percentage of the participants in the hard sciences had switched to business or law, etc.

That made me very mad, fearful for the US's future in an increasing technical world. US had already lost most of the manufacture of electronics (even simple things like TVs to Asia) but I did not want it to lose scientific leadership too. So I wrote my book, Dark Visitor which is a possible cosmic disaster due to small black hole passing 11 Astronomical units from Earth that slightly changes Earth's orbit so that in the Northern hemisphere a permanent Ice age returns and all life there dies. It is written as the true predictive report of an astronomer who has been carefully measuring Pluto's tiny orbit irregularities. Currently Pluto is hard to observe, except in S. Hemisphere and even there few carefully track it for years - why only he has notice these tiny orbit errors.) Dark Visitor is actually a physics text in disguise. I wanted some of those bright students who were more interested in high paying careers to at least look into the physic of Dark Visitor's prediction that their hopes would be destroyed. Perhaps becoming interested in physics, etc. as all of Dark Visitor could be true. The small approaching Dark Visitor reflects no light so can't be seen and would only very very briefly occult a distant star.

I also joined Sciforums to warn of the coming economic disaster if the idea that Americans could go ever deeper into debt continued without change. Stared posting that they should buy ADRs of solid companies in Brazil and India mainly as the dollar declined. I started thread "How Dumb can Americans Be? in failed effort to keep GWB from getting a second term. By time he was two years into it, I concluded a depression was inevitable and would quickly follow a run on the dollar. Part of the choice of run date as in late 2014 was set by the then certain flood of baby boomers (>10,000 per day) switching for being peak payer of taxes to drainers of the Social Security Trust Fund. October was chosen as the month for historic reasons and Halloween for the "cut-off" date as it is the scary day of the year.

It is all very sad, but I think foreseeable years ago. I hope I am wrong, but think it is all coming to pass, just about on the schedule I expected and stated 8 years ago. There were two big surprises I could not foreseen that sort of cancelled each other out - Greece and others with great tax cheating and dishonest books making unpayable debts when exposed and US electing an exceptually well qualified, hard working, President (Obama)

SUMMARY: IMHO, it will make little difference, perhaps make for a better post-depression form of government if the ignorant tea party jerks win. I.e. I have concluded long ago that world's worst longest lasting depression in US an EU is inevitable. What is the immediate trigger is of little long lasting import. I was the tactical leader of the effort to integrate Baltimore's Restaurants, and did not want to see a black POTUS erroneously blamed for GWB's depression, so did not vote for Obama - the clearly best choice or McCain, a very nice honorable man.

PS as you might guess from my advar for several years my main concern has been the misunderstood risk of current very rapid CO2 release. Directly that is of little concern as CO2 has been many times higher in the past without killing most life on earth but CH4, is now being released much more rapidly than it can be destroyed (half life of about 11 years with present OH radiacal concentrtions, but they are destroyed while destroying the CH4 so its life time in the atmosphere is increasing) and there is more carbon in tundra and shallow seas, where in the Siberian Arctic near shore Ocean, CH4 in now bubbling up in sonar opaque clouds, for first time in man's history. More than all the carbon man could release by use of fossil fuels was safely stored in these now decomposing CH4 ice hydrates! CH4 is about 20 times worse than CO2 as a GHG and is already helping to increase ocean evaporation. What goes up, must come down. You see it in the floods of Colorado and Mexico, where more than 100 total have died in the last month alone. I.e. I am now trying to sound a new and more serious alarm than just the economic collapse of the US and EU. Man needs to switch to sugar cane based alcohol as his car fuel ASAP.
 
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We need to explain that 'they' are not above the law just because they're a [non performing] elected official. They're not exempt. They're exempt because nobody is willing to call it 'what it is'. Who cares if they blame the democrats since it will be a useless defense in a court of law. What should happen to folks who subvert the interest of the American people for personal gain?

Well what laws are Republicans breaking? They are entitled to free speech as we all are. There is no law against being dumb, or corrupt. And do we really wanting some prosecutor making these decisions? Republicans do represent a minority constituency who really do applaud and encourage these antics. That constituency is the extraordinarily misinformed thanks to Fox News, Limbaugh, Levin, Hannity, Beck, et al. I think the best solution is to fix our political system. The solution is to keep these clowns from getting elected in the first place and foments a better more informed voter.

We need to bring back The Fairness Doctrine thereby eliminating the Republican echo chambers where they can lie all day long every day and never have their credibility denigrated and never be challenged. We need better informed voters, so these amoral scumbags don’t get elected. We need to take the special interest money out of politics. Elections should be publicly funded. And we need to get rid of the gerrymandering that has kept and continues to keep Republicans in control of the House. A Republican vote in Pennsylvania or any other state should not be worth 5 or 10 democratic votes. All votes should have equal weight when we elect the House of Representatives.

And finally we need ethics reform for our elected officials…no more special interests favors, no more revolving door between congress, federal regulators and those who are courting them for legislative and regulatory favors.
 
Kid Gloves

Wellwisher said:

ObamaCare needs to be a huge circus to support the incompetence.

So, then, would you cancel Obamacare and increase the deficit?

See, this is the problem; I went through this with a conservative associate back in January, and when it was pointed out that Romney argued to increase the deficit, he responded that Romney would have immediately gotten to work cutting spending, while disregarding that two of the GOP candidate's budget planks were to increase defense expenditures and to cancel Obamacare, neither of which would have reduced the deficit.

My point, of course, being that Obamacare is actually projected to reduce the deficit, and thus reduce the suggestion of incompetence. So, yes, there is always a discussion to be had about budget deficits, but if your overall position is critical of deficits it makes no sense to argue for increasing the deficit.

And a side note, I keep wanting to remind people, and I guess you're it: Look, I don't have any objection whatsoever to meandering metaphor and allegory, but it all needs to come back to something, doesn't it?

The republicans are called the evil rich, which means they have money skills that allow them to grow budgets into the black. You don't get to ben an evil rich by living in the red.

You're overlooking a necessary relationship between wealth and evil.
 
Wendy Davis' Nutsack Strikes Again

Honestly, this is one of those things I can't possibly explain, because you'll think I'm making it up as I go. Suffice to say, Meredith Shiner's headline is that [Texas Sen. Ted] "Cruz Asks House to Pass a Bill It Has Already Approved", and while there are a couple of turns along the way, it's essentially accurate, and that's the least ridiculous thing about the junior pain in the ass from the Lone Star State in this unfortunate episode. Cruz's senior counterpart, Sen. John Cornyn, probably has the real, effective, useful takeaway line from this sordid slapstick:

"I know that some people are discussing filibusters, but I actually think we're at the point now where we can't shut down the government—it's like burning down the house to get rid of the mice or rats," the No. 2 Senate Republican said.

Of course, there is also a subtext having to do with Wendy Davis' nutsack, though I'm uncertain what Cruz thinks he can accomplish by turning up the heat on a House of Representatives that's already both pissed off at him and two steps ahead of him in the Idiot Derby.
____________________

Notes:

Shiner, Meredith. "Cruz Asks House to Pass a Bill It Has Already Approved". #WGDB. September 20, 2013. RollCall.com. September 21, 2013. http://blogs.rollcall.com/wgdb/cruz-demands-house-pass-bill-its-already-approved/
 
snip

Our high healthcare costs are a drag on our economy and will eventually lead to devastating national debt unless we ration healthcare and only the wealthy will have it.

Rationing health care or making it a privilege of the wealthy would be a step backward for society.

It's possible before very long that medical science will be able to reverse aging. However, first we will need to have the collective will to see things in a new way. That would enable a large portion of the cost of health care--that portion which is spent on diseases associated with aging--to be postponed, or even eliminated.
 
This is what that Baron’s has to say about the looming fiscal crisis. And I would say it is spot on - never under estimate Republican capacity for stupid and profligate fiscal policies. The drama will continue into next weekend. And I wouldn't be surprised to see a shutdown next weekend. Republicans leaders are telling their congressional fellows that the really big fight will be the debt ceiling, and that is the absolutely wrong thing to do. Wither or not congress pays the bills it has authorized should never be questioned nor should any party ever threaten the health and welfare of every American in order to advance a political agenda as Republicans have done and continue to do.

The GOP's Threat to Investors

By JIM MCTAGUE | MORE ARTICLES BY AUTHOR

John Boehner's inability to control the Republicans' Tea Party faction could fuel a debt-ceiling crisis and the shutdown of the U.S. government. The key issue: funding for Obamacare.

“Hired political experts such as Gregg Hartley, vice chairman of the lobbying and advisory firm Cassidy & Associates, put the probability of a short-term shutdown at 100%. The GOP is driving it, but Democrats would benefit and so have no reason to budge. Because voters likely would blame the Republicans, a crisis would boost the Democrats in the 2014 midterm election. The House GOP will pass a debt-ceiling measure with spending and legislative proposals that Senate Democrats can't swallow, including defunding Obamacare. Because there's no shot clock on Capitol Hill, the Senate Democrats will play a four-corners defense, taking their good old time rewriting and passing the measure before sending it back to the House for a vote at the 11th hour, where it will fail.” - Barons

“This, no doubt, is one reason the Fed decided against ending its bond-buying program, which helps keep low-cost credit flowing. Ben Bernanke never underestimates the ability of Congress to blow up the economy. Neither should you.” – Barons

http://online.barrons.com/article/SB50001424052748704293904579071302142628152.html?mod=BOL_twm_col

This is the monster that has been created and fueled by the Republican entertainment industry.
 
First off the Republican party is goign to keep being around for some time. Even if they default on our debt and a massive recession results, they have things so well gerrymandered for the house and have a following so rabid and loyal that its unlikely the democrats will win the house in 2014. Even if the democrats get majority power in the next few election cycles the republicans will still remain the 2nd party, there is unlikely to be any competitive 3rd parties.
 
First off the Republican party is goign to keep being around for some time. Even if they default on our debt and a massive recession results, they have things so well gerrymandered for the house and have a following so rabid and loyal that its unlikely the democrats will win the house in 2014. Even if the democrats get majority power in the next few election cycles the republicans will still remain the 2nd party, there is unlikely to be any competitive 3rd parties.

The increasing national debt is considered acceptable to the democrats, not the republicans. Blame someone else in the light of contrary evidence seems to be used by all democrats. The democrats over spend and then blame the republicans for the debt. This illogic seems to work on those dumbed down by the liberal education system.

America has become a deadbeat scam country, borrowing each year to pay off what was borrowed the previous year, adding debt to debt. It is like taking a loan, which you can't pay off. So you get a credit card and use that to make payments of the loan, until the card is maxed. Then you go to congress for other credit card to pay off that credit card so you can use it to pay off the loan. If daddy cuts off the credit cards, it is his fault for the default, because the scam is working fine. This is criminal dead beat since it uses a scam.

The democrats are like a high maintenance wife who has no sense of value or worth. If her sugar daddy or the republicans threaten to cut up her new credit cards, or ask her to work to earn her own money, it is his fault. It is time for tough love. Incompetence needs to get out of the way and let the experts fix the mess. Once it is fixed, they can waste again, promise.
 
The increasing national debt is considered acceptable to the democrats, not the republicans. Blame someone else in the light of contrary evidence seems to be used by all democrats. The democrats over spend and then blame the republicans for the debt. This illogic seems to work on those dumbed down by the liberal education system.

First off I was not blaming anyone for the national debt, using it as a weapon for politics is what I'm blaming the republicans for, not the debt. But now that I thinking about it it was the tax-less-spend-more policies of Reagan and Bush Jr (republicans) that got us here. The solution is simply: we need to tax more and spend less. Particularly raise taxes on the rich, this country once had over 90% income tax on the extremely wealthy (back in the 1950's). Now they pay less they ordinary people in percentage of income, we need to go back to massive taxation on the rich, completely overhaul and simplify our tax code, and stop spending on a useless cold war style super-military and on wars.

The democrats are like a high maintenance wife who has no sense of value or worth. If her sugar daddy or the republicans threaten to cut up her new credit cards, or ask her to work to earn her own money, it is his fault. It is time for tough love. Incompetence needs to get out of the way and let the experts fix the mess. Once it is fixed, they can waste again, promise.

What experts? The fuckers that got us in this mess? Want to hear a real expert here is one: http://www.youtube.com/watch?v=1x_sEZZ2yJE
 
No Kid Gloves Here

The situation in Washington is due to incompetence. The deficits is a sign of this incompetence, with level of incompetence proportional to the level of the debt. The deficit is the amount of excess needed to create the illusion of competence.

I guess you don’t read or think much.

As an analogy, say I asked someone to build me a fence around my yard and I gave them only $100. This is not much, so they would need to depend on their skills and ingenuity. They might use all the money to buy tools and then go into the woods and fabricate the fence from scratch like an old time pioneer. But this would take a rare person would could get the job done with almost nothing.

If we make $1000 available, more people could get the job done, but still they would need skills, since that might cover only the materials. They would still need to know how to build the fence. If we make $10,000 available, now almost anyone can do it, even a high maintenance wife who thinks a nail is something you manicure. The only skill you need is dialing a cell phone to get the fence company. You can will hire others to do the work, so you can accept credit for building the fence.

This is nonsensical gibberish. Do you have any evidence to support your claims? No. You don’t. Because you are just mindlessly repeating conservative talking points. By the way, comparing national finances to individual or family finances is in itself a great display of ignorance.

The deficit is needed because we have unskilled labor leading who lacks the needed skills. We need the $10,000 fence. If you were to reduce the fence budget to $1000 it makes the incompetent look bad. In the world of politics image is important. I am pointing out incompetence in both parties but in terms of individuals there are few who could manage with less. But they get shut down by incompetence.

This is mindless irrelevant gibberish. It’s nonsense and reflects ignorance and undisciplined thought. The deficit has nothing to do with unskilled labor. It has everything to do with how our political system works or doesn’t work in Washington and our economic circumstance. There are times when it is good and appropriate to run a deficit. And a moderate level of deficit spending can be a good thing, but to understand that, you need to have some understanding of economics, which you do not.

The republicans are called the evil rich, which means they have money skills that allow them to grow budgets into the black. You don't get to ben an evil rich by living in the red. The waste drives them crazy but they understand the deficit mask of incompetence and how hard people will protect this mask.

Ah, no. You obviously have no real world knowledge. Rich people run into the red too and you don’t have to look far to find examples. Why don’t you try looking at Donald Trump? He has run his companies into bankruptcy a couple of times.

The rich are a diverse group; my guess is you don’t know any, because if you did, you wouldn’t be making these very stupid comments. Being rich doesn’t mean you are competent…just look at George Junior. He was a legacy admission into college, a gentlemen’s C graduate. His family sent him up in business which he ran into the ground only to have a rich Arab family friend buy him out, and then he used his family connections yet to get a legacy job and used his connections again to become governor and then POTUS. You cannot seriously argue George Junior was a competent POTUS.

I suggest you go back and read some of my previous posts in this thread that have addressed this issue. And I would encourage you to read what Adam Smith; the guru of free markets had to say about your fictitious notions.

When the democrats say if we cut the budget, grandma will starve, that reflects want would happen with less budget and them still in office; incompetence warning. I commend them for warning us about themselves. This is a projection since the skilled money managers who create wealth all the time, don't require as much to get job done. They don't see the same problems, even building the fence for $500. They can use a combination of modern and pioneer skills since this is how entrepreneurs function.

Well no that is not what Democrats say. What Democrats have been saying is that we need appropriate and responsible fiscal policies to address our current problems. That is what Democrats have been saying. Democrats want to use tried and true fiscal solutions to our current and long term fiscal ills.

I am one of those money managers and have been pretty good at it and I have been a successful entrepreneur, and have nearly 3 decades of business experience not to mention a degree in business, all which you obviously do not have. But just like your conservative fellows don’t let that stop you from regurgitating and mindlessly repeating the crap you have been fed. And I am sure it won’t.

Last week after the Fed announcement, I sold off about half of my equity investments and will sell a little more when the markets open tomorrow. Last week I purchased some puts as protection and have already profited from them. Hell, I am positioned to profit from a government shut down and default.

But this constant government by crisis which Republicans are so fond of, this threatening to shut down government and send the nation into default every few months hurts the economy and has adverse long term consequences. Instead of growing at 2%, we could be growing at 4% or better if we could get some responsible fiscal policy out of Washington and stop threatening to default every few months. You cannot expect consumers to spend and businesses to invest if every few months Republicans, as they have done and are doing again, threaten the nation with Armageddon if Democrats don’t do whatever Republicans demand whenever they demand it. Let’s remember, Democrats won the popular vote last year in the Senate, House and the executive branch. Republicans only retained control of the House because of Republican gerrymandering which significantly and dramatically devalues Democratic votes.


ObamaCare needs to be a huge circus to support the incompetence. The fear of most people is we can't afford to spend so much supporting the incompetent, so they can appear to function properly. We don't need the $10,000 fence. We do recognize health care for all is a good idea, but we would be better off getting skilled workers in there. who can make us the $1000 fence.

Where does your notion that Obamacare needs to be a “huge circus to support incompetence” come from, where are the grounds for that assertion? Let me guess, you are just repeating something you heard somewhere in the Republican entertainment complex.

Obamacare lowers government spending…especially on the long term where it is needed. US fiscal ills are not near term, they are long term. The US pays more than twice what any other advanced economy pays for healthcare and unlike the US those nations provide healthcare for all of their citizens. Further, for decades and before Obamacare, US healthcare costs were growing at twice the growth in income. You don’t need to be a genius to figure out that is not a sustainable healthcare model. Since the passage of Obamacare, for the first time in many decades the growth in healthcare costs are slowing and slowing significantly. New York reports that Obamacare will reduce the states healthcare costs by half next year. Obamacare mandates things for the US healthcare industry that have been used for decades to improve efficiency in private industry for decades…things like automation and creating “best practices”.

I can forgive unintended or innocent ignorance, as we are all born ignorant. But I cannot forgive willing and intentional ignorance, slothfulness and blind devotion to deceitful ideology and an unwillingness to think.
 
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