Tuesday, July 19, 2011

Debt Ceiling Resolution?

Since I've managed to carp pretty strongly about this "budget" resolution to the debt ceiling I'll go ahead and step up with my predictions of how it actually goes from horrid to just bad and unlikely.

Horrid is the one where House GOPers manage to put us into defualt. I'm sure the plutocrats don't want that, but how much leverage they have with the lunatics is open to question.

The next one in the steps up from lunacy is where Democrats let all the pain fall onto those who can't take much more resulting in nothing in results to deficit - essentially a cave to House GOPer near loons.

The least likely outcome is a ceiling increase without strings, or one that makes it appear that the President is responsible (McConnell). The only way this happens is if the plutocrats make it clear to the loons that they'll crush them flat for not letting it happen - and making them believe it. It might be best for the nation of all alternatives, even if it is correct.

Oh hell, I'll be more clear. If it would be good for the nation as a whole it has no chance and if it is good for corporatism and plutocracy it is likely. Without a major shock to the electoral system that is the course set for us. Since Congress and the President have managed to kick the can of the BushCo tax cuts down the road this day has been coming - quicker and quicker - and at some near point reaching this kind of debacle for the simple reason that the US was spending way too much without revenue.

Look, between wars, corporate swilling, and waste the tax revenues have been way short for quite awhile and this recession pushed the whole show over the brink. I have never been and am not much in the line of a deficit hawk but everyone saw this coming and it can't go on and ... we'll continue to pour money into Middle Eastern Wars as though nothing else matters. Even raising taxes won't do the job any more so stuff has to be cut. The question is whose ox gets gored in the cut regime. The answer, my guess is, whoever can't afford lobbiests and doesn't vote regularly. There ya go, we're really screwed and the recourse seems to be handing the tiller over to the lunatics or more of the same GOP policy dressed up as Democratic policy.

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