“We want to see real structural, cultural-type changes tied to this debt ceiling. We’re not interested in a one-off kind of savings, or anything small,” said Representative Mick Mulvaney, a first-term Republican from South Carolina. “There has got to be game-changing kinds of changes to get us to vote for it.”Here's a typical Teabagger hood ornament who either has no problem lying bald-faced because it makes his nihilistic agenda sound better, or is so ignorant of the last 10 years that he missed the ratcheting up of the national debt under his heartthrob Dubya. To its credit and my own amazement, the Times points out that Bush was also responsible for that debt. What, no paragraphs of "some say...others believe..."? It does go on to point out that as the rest of the world's financial markets watch in dismay, our inability to come to an accord on raising the debt ceiling could seriously disrupt the world economy. Professional economy-disruptor Robert Rubin wouldn't like it, so maybe it wouldn't be so bad. But look out! Here come the usual suspects to the rescue:
He dismissed warnings about default as “just posturing,” and said Democrats should bear the responsibility for passing any measure to increase the borrowing limit.
“It’s their debt,” he said. “Make them do it. That’s my attitude.”
So attention is turning to a bipartisan “Gang of Six” in the Senate. The senators, three from each party, have met for 10 months to negotiate a comprehensive plan on taxes, entitlement programs and military spending. They have considered recommendations made by Mr. Obama’s bipartisan fiscal commission in December.That Gang of Six consists of mouth-frothing right-wing extremists Saxby Chambliss, Tom Coburn, and Mike Crapo, and Republican-lite Dems Mark Warner and Kent Conrad. Dick Durbin always gets stuck in there somewhere because his genuinely moderate record gets spun as somehow liberal. But there is not one real liberal in there, not one progressive, and there never is in these circus sideshows. Regardless, I suppose everyone thinks this kind of equivocating worked out so well for health care reform that we'll be stuck with these posturing preludes to bad law for the foreseeable future. After all, the lasting peace of the filibuster solution has been so gratifying, hasn't it?
“It would be nice to have it in a package form by the debt-limit” debate, said Senator Saxby Chambliss, a Republican of Georgia. But even if the six agree, he added, “hitting everyone else with something this major, it’s going to take some time to be digested. Plus you’ve got to go through the various committees.”
This is what passes for "getting things done" now. And after Obama's recent display of pride in avoiding the shutdown by giving the hostage-takers even more than they originally demanded and taking even more away from the ones on the bottom, (it's historic!) I suppose there's no sense in hoping he will do anything to keep the upcoming clusterfuck from devolving into further debasement and fiscal ruin.
