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Current Events => Archives => Politics => Election 2012 => Topic started by: SSG Snuggle Bunny on February 14, 2012, 03:46:00 PM

Title: Did the GOP just accidently veer in victory this November?
Post by: SSG Snuggle Bunny on February 14, 2012, 03:46:00 PM
Quote
Two weeks ago when discussing the latest lunacy surrounding America's exponential curve #1 also known as its debt balance, we suggested what the GOP election strategy should be: "[if] the debt ceiling becomes a sticking point at the election, Obama's chances of reelection plunge. Which makes us wonder - will Republicans grasp that the paradox of defeating Obama is precisely in giving him a carte blanche on all the stimulus programs he wants? Because if Congress approves another $200, 300 or even $400 billion in stimulus pork (the only thing better than one Solyndra? One thousand Solyndras!) the Treasury will drown in the need to raise hundreds of billions more, and will in fact hit the ceiling well in advance of the elections. As for the stimulus projects themselves, they will crash and burn just like all centrally planned endeavors, and actually result in a far worse outcome than if they had never been attempted. [Because] the best way to finally get back to a fiscally prudent regime? Why go to town, of course." We were delighted to discover that our policy anti-recommendation has finally been adopted. Because as the WSJ reports when it comes to the latest payroll tax extension we find something quite stunning: "House Republican leaders said Monday they would introduce a bill extending the payroll-tax break for the rest of the year without finding spending cuts to offset the program's cost. The proposal marks a major shift for Republicans, who previously had insisted that the costs of extending a trio of provisions expiring at the end of the month be offset with spending cuts." That's right - no offsetting spending cuts. Which means one thing - much more debt.  How much more? At least $160 billion much. Which means that the debt ceiling discussion will hit not in November as we speculated previously, but potentially as soon as September.

It also means that by the time the GOP candidate is debating Obama the primary topic of discussion will be just how much the Administration is plundering from government retirement and pension accounts to keep the country under the latest and greatest (and just upwardly revised) $16.4 trillion debt ceiling.

http://www.zerohedge.com/news/gop-finally-discovers-obamas-achilles-heel-just-let-him-do-what-he-does-and-encourage-it
Title: Re: Did the GOP just accidently veer in victory this November?
Post by: obumazombie on February 14, 2012, 03:49:16 PM
Politics is often sausage making, but this would make the GOP look totally unprincipled. I don't see the TEA party standing for it either.
Title: Re: Did the GOP just accidently veer in victory this November?
Post by: DumbAss Tanker on February 14, 2012, 03:56:57 PM
Wow.  Sure not the most readable thing in the world.  He may have a point, though.
Title: Re: Did the GOP just accidently veer in victory this November?
Post by: SSG Snuggle Bunny on February 14, 2012, 03:59:17 PM
Politics is often sausage making, but this would make the GOP look totally unprincipled. I don't see the TEA party standing for it either.

You'll recall that eons ago in the political world (and by that I mean 2 months) the GOP was raked over the PR coals for wanting conditions attached to the payroll tax cut to offset the decreased revenue. The dems howled and the GOP lost that battle hands-down.

So now the GOP is giving them exactly what they wanted the first time around.

They also get to soften the "obstructionist" label.

If they follow through with this plan and the dems walk into it (don't THEY have to lest THEY appear unprincipled?) this will be a "he who laughs last, laughs best" scenario.
Title: Re: Did the GOP just accidently veer in victory this November?
Post by: DefiantSix on February 14, 2012, 05:37:35 PM
Politics is often sausage making, but this would make the GOP look totally unprincipled. I don't see the TEA party standing for it either.

Whaddaya mean make them LOOK unprincipled???  Dammit, all of them - Dhimmi'Rats and Republicans alike - wouldn't have enough to blow their noses with if principles were made of dynamite.  The only difference we see nowadays is that the "principled" mask these con artists have been parading around in for the last God only knows how long is starting to get a little too threadbare to hide who they really are anymore.

If they look unprincipled, congratulations on waking up, finally. :cheersmate: