Lowlights From The Republican Debate

Thank goodness the President’s speech before congress was put off until Thursday. I would not have wanted America to miss this spectacle of GOP brilliance.

Setting aside the predictable skirmishes and automatic spewing of stump speech sound bites, there were some classic moments of insight that can only be attributed to the chronic psychosis of Republicanism. So without further ado…

Biggest Whopper of the Night:

Rick Perry on Obama saying that the border is safer than ever: “Either he has some of the poorest intel in the history of this country or he is an abject liar.”
However, violent crime rates along the U.S.-Mexico border have been falling for years and border cities of all sizes have maintained crime rates below the national average.

Comic Relief (which is pretty much everything else):

Perry flubbed his grasp of border security by calling for patrols with unmanned drones, apparently unaware that such patrols have been in use since 2009, including in Texas.

Michele Bachmann wants to make sure that immigrants seeking citizenship have a basic knowledge of American history. I assume that’s so she’ll have someone to teach her.

To illustrate how unreliable science is with regard to Global Warming, Perry cited Galileo as an example of a scientist who was disputed by fellow scientists. The problem with that is that Galileo was disputed by fundamentalist Christian authorities, not other scientists. You know, the kind of non-scientist, fundamentalists Perry hangs out with.

Ron Paul expressed his dismay with border fences because, instead of keeping foreigners out, they could be used to keep Americans in. He may be the only candidate speaking out in support of expatriates fleeing to Mexico.

Newt Gingrich complained that the debate moderators were trying to foment disagreement between the participants. And as we know, political debates are supposed to be completely free of any disagreements between the candidates.

Herman Cain advocates for the Chilean model of retirement programs. Chile essentially has a program wherein people pay in to private accounts. In other words, Cain wants to privatize Social Security. Which is marginally better than Perry’s plan to abolish the whole Ponzi scheme.

Perry praised Michael Dukakis’ job creation record as governor of Massachusetts saying that he “created jobs three times faster than” Mitt Romney. Romney didn’t disagree.

Bachmann again spoke of her five biological children and 23 foster kids. This time it was to shore up the child labor vote by asserting that what kids need today are jobs. Makes you wonder what she was doing with all those foster kids.

This was great television. I can’t wait for the next debate. We have a couple of promising events on the schedule. One with CNN and their co-host, Tea Party Express. And another by Fox News with questions submitted via Google. What I wouldn’t give for a debate co-sponsored by Andrew Breitbart’s BigGovernment and the National Rifle Association, with their moderators Ted Nugent and Victoria Jackson. And a special half-time tribute to Ann Coulter.

The GOP Agenda Becomes Fox News Programming

Long ago it was established that Fox News is not a legitimate journalistic enterprise. It is the PR division of the Republican Party. Fox bristles at that characterization despite the fact that they have admitted that they approach the news from “the other side” of what they consider the liberal media. They have even been caught reading “news” items straight from Republican press releases.

Now Fox News is promoting a special slate of programming for next week that they are calling “Regulation Nation.” The promotion shows Fox bragging that “We expose how excessive laws are drowning American business.”

I’m sure it’s just a coincidence that next weeks special programming, on both Fox News and Fox Business, was scheduled at precisely the same time as the Republican Party’s announcement that they will be pursuing an anti-regulation agenda for the remainder of this year. The GOP’s House Majority Leader, Eric Cantor, just published his list of the “Top 10 Job-Destroying Regulations.” Cantor describes the list as a memo on the jobs agenda, but the list is nothing more than a collection of health, safety, and environmental regulations that he and the GOP oppose (and one anti-union bill for good measure).

The effects of these proposals will serve only to produce dirtier air and water, more hazardous working conditions, and astronomical leaps in costs related to health care. And that isn’t even addressing the human toll of disease, disability, and death. Jonathan Cohn at the New Republic summed up the fallacy embraced by the GOP plan with an example taken from Sen. John Barrasso’s (R-WY) analysis of the Cross-State Air Pollution Rule (which is included in Cantor’s Top 10 list).

“By 2014, the agency predicts, the new rule will reduce sulfur dioxide emissions by 71 percent and nitrogen oxide emissions by 52 percent.

“Of course, the companies that still maintain plants with high emissions will have to spend money to comply with the new rule. And, according to the Barrasso memo, the bill for that compliance (including, as far as I can tell, higher prices the companies might pass along to customers) comes to $2.4 billion a year. But the source of that figure is the EPA’s own assessment, which notes that $1.6 billion of that represent a one-time-only capital investment, already underway – and that even the $2.4 billion pales next to the $120 to $280 billion in annual benefits that the regulation will generate. Those benefits include reduced emergency room visits, missed days at work, and mortality.”

The entire Republican deregulation campaign is fraught with similar examples of proposals that oppose measures that may require modest investments, but will produce far more in savings and new revenue, not to mention a higher quality of life. And despite the Republican deceit of calling these anti-regulation proposals a jobs agenda, there is no evidence that any part of it would create a single job. As pretty much every credible economic expert has affirmed, the current employment situation is not the result of taxes and regulations. It is due to lack of demand. And demand increases when middle-income consumers have more money to spend, not when wealthy people and corporations are taxed less.

What the Republicans are seeking, by their own admission, is competitiveness in global markets, and their deregulation plan is certain to achieve that. It will finally make the United States competitive with nations like China for having the lowest wages and the highest levels of pollution, and the worst standard of living.

And isn’t it convenient that Fox News would choose this time to produce programming that adopts the very same positions on the economy and the agenda going forward as the leaders of the Republican Party?

[Update 9/12/11] Media Matters has posted an excellent article with additional research affirming that taxes and regulations have little impact on job creation.

The GOP War On Voting Is In Full Swing

Rolling Stone just published an enlightening, albeit disturbing, article detailing the coordinated effort on the part of the Republican Party to roll back voting rights for millions of Americans. With the help of the American Legislative Exchange Council [ALEC], the billionaire Koch brothers, and other rightist allies, the GOP has already succeeded in passing legislation that inhibits and/or prohibits voting by students, seniors, minorities, and the poor.

GOP War On Voting

The article goes into great depth describing the GOP assault on democracy and the potential for disenfranchisement and electoral chaos. Some groups, including the ACLU, are challenging the new laws in court. But if these laws can’t be overturned in time for 2012, citizens will need to more aggressively pursue registration and get-out-the-vote campaigns than ever before.

The movement to Block the Vote has become such a critical part of the Republican agenda that they are casting aside the pretense of voter fraud as a justification for their efforts. They were never able to provide evidence of that anyway. Now, Matthew Vadum, a conservative columnist associated with WorldNetDaily, American Spectator, and BigGovernment, wrote an article for the ultra-conservative American Thinker provocatively titled, “Registering the Poor to Vote is Un-American.” Here’s an excerpt:

“Registering [the poor] to vote is like handing out burglary tools to criminals. It is profoundly antisocial and un-American to empower the nonproductive segments of the population to destroy the country — which is precisely why Barack Obama zealously supports registering welfare recipients to vote. […] Encouraging those who burden society to participate in elections isn’t about helping the poor. It’s about helping the poor to help themselves to others’ money.”

When the right is this comfortable openly expressing their hostility toward both democracy and working-class Americans, either the wheels are about to come off that wagon, or we have an epic battle on our hands. It’s all out in the open now. The conservative view is one that would permit only landowners (and preferably just the male, white ones) to vote. Any American that does not represent the elite class is somehow invested in the nation’s ruin and is only concerned with narrow, self-interests. And of course, the rich are never so selfish. They never vote for their own interests. All they want is what’s best for everyone, even the little people who shouldn’t be allowed to vote. Whatever would we do without these benevolent guardians of virtue watching over us and voting on our behalf? And if you think it’s just wackos like Vadum saying these things…..

John Stossel (Fox News): “Let’s stop saying everyone should vote.”
Rush Limbaugh: “If people cannot even feed and clothe themselves, should they be allowed to vote?”
Judson Phillips (Tea Party Nation): “If you’re not a property owner, I’m sorry, but property owners have a little bit more of a vested stake in the community than not property owners do.”
Steve Doocy (Fox News): “With 47% of Americans not paying taxes – 47% – should those who don’t pay be allowed to vote?”

It’s hard to imagine a more repulsive philosophy. These are the same people that align themselves with the Founding Fathers and a return to Constitutional rule. These are the same people that have deceived a small, gullible segment of the electorate, that calls itself the Tea Party, and has manipulated them into advocating policies that are harmful to themselves. And these are the same people who now want to take away the most fundamental right of every American – the right to vote.

Whatever we do, we cannot permit this cynical agenda to succeed. This is a fight that will determine the outcome of every other fight we undertake. It is imperative that real patriots commit themselves to ensuring that everyone who wants to vote has an opportunity to do so. The more people who participate in the electoral process, the more representative our political institutions will be. And it’s about time that they represent the people and not corporations and wealthy special interests.

[This Just In] Sen. Dick Durbin will hold a hearing September 8, on the “New State Voting Laws – Barriers to the Ballot?”

Some additional resources:
ThinkProgress
People for the American Way

And then there’s this:

Debt Wish XI: The GOP/Tea Party Plan To Tax The Poor

America’s Republican/Tea Party contingent, who are defined by their dogmatic devotion to lower taxes as a panacea for everything, have finally found a sector of society that they can comfortably saddle with a higher tax burden: The Poor.

That’s right. These anti-tax zealots have concluded that fairness cannot be achieved in the country’s tax code as long as there are disadvantaged freeloaders who are allegedly not paying into the system. While they fight tooth and nail to protect wealthy individuals and corporations from contributing even modest amounts to the nation’s recovery, the rightist brigade is marching lock-step in favor of soaking the poor in order to heal the malaise on Wall Street and the misery of long-suffering bankers. Their battle cry goes something like this: “Half of the Country Doesn’t Pay Any Taxes At All.” Fox News has been pushing that theme for quite a while. For the past two years they headlined it on Fox Nation right at tax time.

Fox News Tax Payers

This movement is not some scruffy assemblage of disorganized trust-funders seeking to upgrade their yachts. It is a coordinated campaign that has pulled together high profile proponents from politics and the press. Here is a sampling of the breadth and unity of the movement and the message:

  • Rick Perry (R-TX): We’re dismayed at the injustice that nearly half of all Americans don’t even pay any income tax.
  • Michele Bachmann (R-MN): A system in which 47% of Americans don’t pay any tax is ruinous for a democracy.
  • Sarah Palin (R-AK): The problem is more than 40% pay no income taxes at all.
  • Orrin Hatch (R-UT): 51 percent don’t pay anything.
  • Jim DeMint (R-SC): Over half of Americans pay no federal income tax.
  • Mitch McConnell (R-KY): In fact, about half of Americans don’t pay any income taxes at all.
  • John Boehner (R-OH): Fifty-one percent — that is, a majority of American households — paid no income tax in 2009. Zero. Zip. Nada.
  • Eric Cantor (R-MD): We also have a situation in this country where you’re nearing 50 percent of people who don’t even pay income taxes.
  • Alan West (R-FL): Currently we have some 40-45% of Americans who are not paying any taxes.

We’re not through yet.

  • Donald Trump (R-HisOwnEgo): You do have a problem because half of the people don’t pay any tax.
  • Bill O’Reilly (Fox News): 50 percent of Americans don’t pay any federal income tax now.
  • Stuart Varney (Fox News): About half the people who work in America, half the households, actually, pay any federal income tax at all.
  • Dave Briggs (Fox News): [A]lmost half of this country pays no income tax whatsoever.
  • Gretchen Carlson (Fox News): But what does that mean when you factor in that 50 percent of the nation doesn’t even pay federal income tax? Is that fair?
  • [Idiot Award Winner] Steve Doocy (Fox News): With 47% of Americans not paying taxes – 47% – should those who don’t pay be allowed to vote?
  • Sean Hannity (Fox News): 50 percent of Americans no longer pay taxes.
  • Neil Cavuto (Fox News): I’ve discovered nearly half of this country’s households don’t pay any taxes at all.

Oh yes, there’s more.

  • Dave Ramsey (Fox News): This idea that 42% of Americans don’t pay anything…that’s just morally wrong.
  • Brian Kilmeade (Fox News): Fifty-one percent of the country isn’t paying any taxes at all.
  • Eric Bolling (Fox News): 43 percent of households don’t pay any federal tax.
  • Glenn Beck (Right-Wing Radio): There was like 48 percent say they pay their right amount of taxes and 49 percent don’t pay any tax.
  • Rush Limbaugh (Right-Wing Radio): Meanwhile, 45% of Americans pay nothing.
  • Gary Bauer (Right-Wing Evangelist): But the reality is that nearly half of Americans don’t pay any income tax.
  • Rick Warren (Right-Wing Evangelist): HALF of America pays NO taxes. Zero.
  • Ted Nugent (Right-Wing Douchebag): This, of course, will not apply to those 50 percent of Americans who pay no income taxes.

Is there anyone who could seriously argue that this is not a coordinated effort aimed at demonizing low-income and working class citizens? The conformity and ubiquity of the identical messaging from such a broad spectrum of players is audacious and disturbing. And what’s worse, it is deliberately misleading and/or false.

First of all, claims that half the population pay no taxes at all are factually wrong. (See the chart at the left from the Wall Street Journal). There are about 46% who do not pay federal income taxes, but most of them do pay many other taxes including Social Security, state and local, sales, property, gas, etc. Secondly, it should come as no surprise that those with little or no tax liability have little or no income. The majority of this group is comprised of senior citizens, students, the disabled, and the unemployed. Those are the folks that the right wants to tap for new revenue rather than the rich who they have taken to calling “job creators” despite the fact that they haven’t created any jobs since they got the Bush tax cuts a decade ago.

To put this into perspective, federal income taxes account for just 20% of all taxes. When you include all the other sources of tax revenue, people making $20,000 a year pay approximately the same effective tax rate as people making $500,000, give or take 5 percent. However, those earning a half-million have seen their rate decline almost 50% since 1980, while the rate for the 20K earners barely budged.

What’s more, corporate taxes as a percentage of federal revenue dropped from 27.3% in 1955, to 8.9% in 2010. During that same time period individual income/payrolls as a percentage of federal revenue skyrocketed from 58% to 81.5%. Thus the burden of paying for our government shifted broadly from corporations to ordinary people (notwithstanding the Supreme Court ruling that corporations are people). These facts prove that the whole faux controversy over the tax liability of low income Americans is, in technical terms, a crazy zombie lie.

Also worthy of note is that one of the main reasons that many Americans owe no federal income tax is due to the earned-income tax credit that was introduced by Republican President Gerald Ford and expanded by Ronald Reagan and George H.W. Bush. And now the GOP is threatening to impose a tax hike on working people by opposing the extension of President Obama’s Payroll Tax reduction. This relief was passed as a temporary measure and is set to expire at the end of this year. Obama has proposed extending it for another year, but House Republicans are balking, saying that “not all tax relief is created equal” (Rep. Jeb Hensarling, R-TX), and that tax reductions, “no matter how well-intended,” will push the deficit higher (Rep. David Camp, R-MI). Camp is a member of the deficit reduction seeking Super Committee. A spokesman for House Majority Leader Eric Cantor (R-VA), says the legislator “has never believed that this type of temporary tax relief is the best way to grow the economy.”

Really? Is this the same Eric Cantor who fought so fiercely for the temporary tax relief produced by Bush’s tax cuts for the rich? Cantor, and the rest of the Tea-publicans, are putting their deficit cutting necks on the line to raise the 120 billion dollars that would be restored to the treasury by letting the Payroll tax relief expire, but they will take the fight to Hell and back before considering the recovery of 800 billion dollars from the expiration of Bush’s gift to taxpayers earning more $250,000 a year. Apparently Republicans are opposed to temporary tax relief when it benefits the middle and working classes, but they are wildly in favor of it when it benefits the wealthy.

How can the GOP get away with portraying themselves as tax-cutters while advancing an agenda that would increase taxes for most Americans who happen not to be rich? How can the Tea Party assert through their acronym that they have been “Taxed Enough Already” when they view seniors, and other low-income Americans as not taxed enough? And when will the media expose this brazen hypocrisy?

The Superiority Of The Super Committee: Women And Minorities Snubbed

The brand new Congressional Super Committee that is charged with pulling America’s butt out of a fiscal fire is sorely underrepresented by major groups of the American people. In addition to the disturbing associations that members of the committee have with wealthy campaign contributors, they are also notably homogenous in terms of race and gender.

Republicans appointed an entirely white male panel of members. At least the Democrats included one woman, one African-American, and one Hispanic. Still, that ratio is a long way from proportional representation.

When large groups of citizens are excluded from participating in the democratic process, the result is bad policy, uneven playing fields, and a disheartened and/or outraged electorate. Take for example the representation of women in American political life (or rather, lack thereof) that has produced a legislative War on Women:

War on Women

These inequities are generally unaddressed by the media. Unless that changes there will be continued division and a failure to resolve the most pressing issues of our time. We need to include everyone in the effort to right the nation’s course. And we must not be afraid to embrace the fight for progressivism, civil rights, feminism, and liberty and justice for all.

Mitt Romney: Corporations Are People, My Friend

The front-runner for the Republican nomination for president, Mitt Romney, took a courageous stand today in support of the browbeaten, wealthy corporations of America:

That’s right. Corporations are people. They’re born, they live, they dream, they love. And that’s not all…

Soylent Green is people. Corporations are people. And don’t even get me started on Depeche Mode.

It’s about time somebody stood up for the downtrodden multinationals. When will society treat them fairly and allow them to marry and to serve in the armed forces? While they can’t vote, at least they can manipulate elections with their riches because the Supreme Court has ruled that money is speech. And since corporations have more money than “ordinary” people, they get more speech.

Aint Democracy grand? Way to go, Mitt.

S&P Downgrades United States Congress: Thank You Tea Party

Tea Party Downgrade

Standard & Poor’s on Friday downgraded the United States Congress. You may have heard media reports that it was the country’s credit rating that was downgraded, but the statement issued by the S&P is unambiguous with regard to their reasons for the downgrade and whom they hold responsible:

[T]he downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges […] The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy.

To be sure, the S&P threw in a few references to the outstanding debt and the inadequacy of the remedies contained in last week’s legislation, but their persistent focus on political failings was inescapable. Notwithstanding the challenge from the White House that their math was “fundamentally flawed,” the S&P proceeded with the downgrade because the math isn’t the main driver of their analysis. They made plain that the primary reason for their decision was the bad behavior of the political players and that it is Congress who deserves the downgrade.

Not surprisingly, the American people agree. A new poll from the New York Times/CBS News shows the disapproval rating for Congress at 82%. Breaking that down further reveals bad news for Republicans who were dominated by their tiny Tea Party flank:

  • All told, 72 percent disapproved of the way Republicans in Congress handled the negotiations, while 66 percent disapproved of the way Democrats in Congress handled negotiations.
  • Forty-three percent of Americans now think the Tea Party has too much influence on the Republican Party, up from 27 percent in mid-April.
  • Sixty-three percent of those polled said that they supported raising taxes on households that earn more than $250,000 a year, as Mr. Obama has sought to do — including majorities of Democrats (80 percent), independents (61 percent) and Republicans (52 percent).
  • Forty-four percent said that the deficit was mostly caused by the Bush administration.

The same poll showed President Obama’s approval rating to be more than twice that of the Tea Party. But that didn’t stop Fox News from posting a link to the poll on their Fox Nation web site with a headline that said the exact opposite.

Perhaps it is not within the jurisdiction of the S&P to rate the performance of Congress, but it is difficult to dispute their conclusion. It would be nice if the media analysis of recent weeks in Washington were this astute. Yet the press continues to treat the Tea Party as if it were a popular expression of the people, rather than an AstroTurf invention of wealthy special interests.

The statement from the S&P effectively declares that, were it not for the intransigent extremism of the Tea Party, the country’s credit rating would still be triple-A. And if the press would stop pretending that the Tea Party has any real significance, the country would be better off in a multitude of ways. So thanks to Tea Party dementia and media madness America can proudly enter the 2nd Dip of its Great Recession.

While The GOP/Tea Party Was Blackmailing The Nation…

For the past month our country has been embroiled in a contentious debate over whether to raise the debt ceiling, a routine congressional function that has been done without controversy dozens of times. The farthest right faction of the Republican Party was determined to hold the nation hostage in their yearning to dismantle the social safety net and protect the wealth of billionaires. While that carnival was in progress, Washington and the press missed something else that holds some importance to the American people and the economy:

Jobs vs Debt(Source for job loss data: private sector / public sector)

Despite the GOP’s promise to focus on jobs when they assumed the majority in the House of Representatives, they have not produced a single jobs bill. In fact, they have endeavored to kill legislation that would create new jobs. Just before they left for recess after passing the debt ceiling bill, they left unresolved a bill to fund the operations of the Federal Aviation Administration. As a result, over 90,000 workers will be sidelined until congress returns in September. Not to mention, the Treasury will lose $1.2 billion in fees that will go uncollected.

That’s the GOP’s commitment to working families and reducing the deficit. In other words, it’s a hoax. And the media is their accomplice. The Pew Research Center’s Project for Excellence in Journalism reports that 52% of news stories last week were related to the debt ceiling debate. Notwithstanding the fact that polls show that the American people are more concerned about jobs than debt, the media virtually ignored the issue of job creation and unemployment.

Now that the debt ceiling debate is at least temporarily resolved, it will be interesting to see what issue dominates news coverage next week. Jobs or the Obama’s dining at a fast food restaurant?

Why Is Anyone Listening To The #@$%*#& Tea Party?

What is so hard about this? Congress is struggling to fashion a compromise agreement on a bill to raise the debt ceiling. The Republicans are insisting on attaching unrelated provisions to the bill to satisfy the tantrums of Tea Party-affiliated members who are demanding deficit reduction that imposes severe spending cuts but permits no revenue raising through tax reform and the elimination of loopholes.

But who is being represented by the advocates of spending cuts, which include cuts to critical programs like Medicaid? Who is being represented by the opponents of increased revenues achieved by asking corporations and the rich to share in the sacrifice required to bring our nation back to economic health?

The truth is that no one but a few extremist right-wingers are represented by the positions to which the GOP has lashed itself. Here’s the proof:

Debt Solutions

It is almost unheard of to get 72% of Americans to agree on any politically contentious issue. Yet here we have 72% of the country agreeing that the rich are not presently paying their fair share, and that Medicaid should not be cut. And isn’t just a bunch of socialist lefties. This includes majorities of both Independents and Republicans. Let the significance of that sink in. It is not just a fair number of Republicans, it is a MAJORITY of Republicans.

So for whom is House Speaker Boehner fighting? For whom is Senate Minority Leader McConnell fighting? It obviously is not their GOP constituents. In fact, they are betraying their constituents and putting the whole nation at risk in order to pacify a cabal of small-minded, short-sighted, ill-informed, intransigent malcontents known as the Tea Party.

Of course, there is really no such thing as the Tea Party. There are no Tea Party candidates; no Tea Party policies; no registered Tea Party voters. It is nothing more than a radical faction of the GOP that has canonized the Founding Fathers and debased the Constitution with simplistic misinterpretations and ritual recital.

With poll results like those above, it is unfathomable that Republicans in congress give such a wide berth to their tea-besotted cousins. And the same goes for the media. When news networks placate TeaPublicans by employing them to provide commentary and analysis for that point of view, they are, in effect, giving ultra-conservative Republicans an additional voice that they do not provide to progressive Democrats.

It is clear that the Tea Baggers are wildly out of touch with the mainstream of America and they should not be afforded the special treatment they receive. They are merely an annoyingly squeaky wheel with no popular support. They degrade the debate with their stubborn attachment to dubious dogma. Even the right-wing Wall Street Journal editorial page declared that “Republicans are not looking like adults to whom voters can entrust the government.” Actually, they aren’t even looking like children:

Regardless of how the debt ceiling debate shakes out, the media, as well as our congressional representatives, need to recognize that the Tea Party is unworthy of the outsized consideration they receive. They haven’t earned it and they don’t deserve. And catering to their hysterics is counterproductive and worse, destructive. With the abundance of evidence that they are a poorly attended party that is located far beyond the boundaries of common sense, the question remains…..

Why Is Anyone Listening To The #@$%*#& Tea Party?

GOP Senators Loved Raising The Debt Ceiling Until…

Republicans in congress have been holding the American people hostage for weeks now. Despite the fact that nearly every credible analyst – economists, politicians, academics, etc. – agree that a default by the United States would bring about an economic calamity, the GOP is still threatening to submit the nation to that fate if Democrats do not capitulate to the Tea Party platform of austerity for average Americans and opulent prosperity for the richest one percent.

Make no mistake, the Republicans know exactly what their threat entails. They know that default would be catastrophic. We know because they’ve said so. And we know because we have their voting record to prove it. Between the years 2002 and 2008 Republicans voted repeatedly to raise the debt ceiling while George W. Bush was in the White House. So what changed?

GOP Debt Votes

Oh yeah — that.

The Republican’s are playing “Chicken” with our economy. They don’t care about the deficit. They don’t care about taxes. They certainly don’t care about the elderly or the poor or you or me. They only care about their wealthy benefactors, the billionaires and corporations who bankroll their campaigns. And, of course, their obsession with defeating President Obama next year. They know that a bad economy makes things more difficult for incumbents to get reelected, so they are endeavoring to produce such an outcome to achieve their political goals – at the expense of everyone else and multiple future generations.

Thanks GOP. And thanks Corporate Media for failing to report this in context.