In response to:

BREAKING: House GOP Meeting Tonight, Boehner on the Ropes?

Troglodite Wrote: Jan 02, 2013 10:32 PM
The great asset that the Democrats had all along was the threat that, if the House GOP did not play ball, the Bush tax rates would be allowed to expire and almost everyone who now pays income taxes would pay more. Now, although some people will pay more, the Bush tax rates are permanent for most people and the Democrats seem to have lost their most important card. With another flap coming just a few weeks down the road when we come up against the debt ceiling, the GOP is in a good position to drive a very hard bargain, IF it has the cojones, since the damage (political and economic) from a government shut-down will be nowhere as bad as the damage would have been from an increase in income taxes.
TROUBLED_CALIFORNIAN Wrote: Jan 02, 2013 10:43 PM
Keep telling yourself that.

You think getting our credit rating damaged again is a cost effective way to pay down the debt?

You cons act like the Ryan budget was balanced and the debt was addressed.

NOT until 2040 at the earliest.
RHSimard Wrote: Jan 02, 2013 10:46 PM
And what we are getting now is BETTER? Explain.
RHSimard Wrote: Jan 02, 2013 10:51 PM
Getting our credit knocked down is a painful prospect, to be sure, and something to be energetically avoided. Like everything else, though, it is one factor of many, and if-just hypothetically, if a course of action were taken that does have that effect in the near term but strengthens economic performance not too long afterward, the rating would go back up, perhaps even enough to correct the last downgrade too. Fiscal shenanigans to achieve specific but narrow goals often have unintended consequences that obviate the benefit.


Troglodite Wrote: Jan 02, 2013 10:51 PM
TC:

What ultimately jeopardizes our credit rating is that we are spending too much and borrowing too much. There is no way that our deficits and our national debt are sustainable for too much longer. Spending is going to have to come down--and faster than Ryan projectged, if some really serious problems are to be avoided.
RHSimard Wrote: Jan 02, 2013 11:01 PM
Precisely. There is no way to juggle taxes versus borrowing versus monetizing versus whatever else they think of that will negate the fact that every penny they spend is a penny charged to the public, today's or the future's. That money represents wealth that does not belong to them; it belongs to those who created it, and their stewardship is wrong, based on arrogance and self-interest.
Troglodite Wrote: Jan 02, 2013 11:09 PM
RHS:

You have cut to the chase: excessive taxation or inflation are both THEFT.
RHSimard Wrote: Jan 02, 2013 10:37 PM
That's spot on. Obama says he refuses to deal on the debt limit, but how can he? He demanded control of it and he didn't get it, one of the few bits of good news out of all this.

Conservative Republicans in both houses must think hard and fast on positions and tactics to bring to bear on this liberal juggernaut, and do it NOW. There is leverage to be had, if they can find it and use it effectively.
Troglodite Wrote: Jan 02, 2013 10:44 PM
Absolutely, and (as I said above) we would do better to stiffen the spines of our Congresscritters (and/or to mark them for primary challenges in 2014) than to complain about them.
The Sloandog Wrote: Jan 02, 2013 10:36 PM
Thats a big "if" Trog. Lets see if they keep Boehner then we will hve the answer of "if".
Kirk72 Wrote: Jan 02, 2013 10:42 PM
Troglodite Wrote: Jan 02, 2013 10:42 PM
S'dog:

Amen. Personally, I think that Bohner has mishandled things long enough and badly enough so that he should step down. On the other hand, if a change of speakers were mishandled, we might lose more than we gain. All in all, we would probably do better to encourage our respective Congresscritters to stand firm on the debt ceiling fight than to whine to each other about their inadequacies.

Things have been a tad...uncomfortable in House Republicanville over the last few weeks, and yesterday's "deal" only exacerbated the tension.  With the 113th Congress set to take the reins tomorrow, the lower chamber's GOP conference will reportedly gather this evening to discuss their leadership situation.  Depending on who you believe, either Boehner is calmly assured that he has the votes to be re-elected as Speaker...
 

An aide to House Speaker John Boehner tells National Review Online that the Ohio Republican is “confident” that he’ll win Thursday’s leadership election. “The speaker constantly keeps in touch with...