mykeystrokes.com

"Do or Do not. There is no try."

“Let’s Destroy The Village”: Four Years Later, Paul Ryan Wants More Of The Same

Just when I thought that the National Review Institute demonstrated that Republicans are ready to compromise, Paul Ryan outlined a somewhat apocalyptic vision of budget negotiations there on Saturday.

According to POLITICO, Ryan said “that the nation will face ‘tepid growth and deficits’ under President Barack Obama and Republicans must prudently ‘buy time’ and ‘keep the bond markets at bay — for the sake of our people.'” Like a third-rate objectivist action hero, he is.

Ryan continued:

“Unfortunately, the Democrats are unlikely to accept our proposals. They refuse to consider real reform. But we will lay the groundwork for future endeavors. So when reform is possible, we will be ready.

“The president will bait us. He’ll portray us as cruel and unyielding,” Ryan said. “Look, it’s the same trick he plays every time: Fight a straw man. Avoid honest debate. Win the argument by default.

But neither the President nor any other Democrats need to portray Ryan as “cruel and unyielding” because his policies do a fantastic job of that on their own.

Ryan has time and time again demonstrated that he isn’t interested in paying down the national debt or in “reforms to protect and strengthen Medicare and Medicaid,” as he claimed on Saturday. He’s interested in turning Medicare into a voucher program and in slashing Medicaid’s budget by over a trillion dollars — his logic reminiscent of that infamous Vietnam era talking point “destroying the village in order to save it.” And speaking of bombs, Ryan has repeatedly refused to consider cutting one of the most draining and unnecessarily large parts of the budget: defense spending. He also refuses to consider forcing those with mountains of idle or otherwise unproductive cash to pay for these programs, and isn’t content with Democratic compromises thus far, refusing to appreciate the $2.2 trillion in cuts agreed to during the 112th Congress, because he’s cranky about the $620 billion in tax increases.

Moreover, he isn’t even right about the one thing that libertarian types are supposed to be intimately familiar with — the bond market. As I pointed out a few weeks ago, interest rates are about as low as they can be and aren’t expect to rise, and demand for U.S. Treasury bonds is robust. This suggests that the market has confidence in the U.S. government’s ability to honor its debts, and that federal borrowing isn’t “crowding out” private sector investment.

Who’s avoiding honest debate, Congressman Ryan?

POLITICO also reported that Ryan’s outlook contrasts sharply with Speaker Boehner’s. The latter is attempting to compromise with Democrats by forcing the Senate to pass a budget so that the two houses can find some middle ground. But if Ryan uses his budget committee chair to turn this into another fiscal knock-down drag-out fight — something that makes virtually no sense in light of his party’s November drubbing, and Congress’ low approval rating — the ensuing conference committee might make the super committee look like serious adults.

So much for learning from the past four years.

 

By: Samuel Knight, Washington Monthly Political Animal, January 26, 2013

January 27, 2013 Posted by | Budget, Economy | , , , , , , , | Leave a comment

“The Republican Pity Party”: They Gave It Their All And Came Up Empty

Conservative behavior since President Obama’s reelection in November has evoked, at least in me, a keen sense of sadness. Hardly a day goes by without weeping, wailing and gnashing of teeth by the likes of Rush Limbaugh on talk radio and Sean Hannity on Fox News over Obama’s return to the White House. Similar whining is heard among Republicans on Capitol Hill.

Simply put, conservatives are in agony over the president’s smashing victory. Their pain is hard to watch. Only small-minded Democrats would gloat.

What we’re seeing is the impact of losing when you believed with all your heart, soul and mind, buttressed by the predictions of pollsters and pundits, that you would win handily.

The reaction is, for me, heart-rending.

Consider the feeble attempt by House Republicans to recover political ground by threatening Obama over the debt limit.

The poor things, crazed by their defeat, didn’t realize that they had no leverage. They had to back down with a face-saving gimmick to suspend through May enforcement of the limit on federal borrowing.

Consider some Republicans’ return to the issue of what happened in Benghazi, Libya. Did they really think that Secretary of State Hillary Clinton would traipse up to the Hill this week, prostrate herself before Congress and confess to something that she knew wasn’t true?

They so wanted her to say that there was mendacity and attempts by the administration to cover up malfeasance in the Sept. 11 attack on a U.S. diplomatic facility. Some seemed truly distressed that Clinton wouldn’t give them what they wanted. They were so desperate. It was so sad.

And so it has gone since election night. The lamentations abound:

●Obama’s nominations of Jack Lew as Treasury secretary and Chuck Hagel as defense secretary are confrontational; woe unto us.

●“I would have liked to have seen some outreach” in Obama’s inaugural address, complained Sen. John McCain, who, with his Republican cohorts, did everything they could to kick Barack Obama out of the White House.

●The Obama administration will “attempt to annihilate the Republican Party . . . to just shove us into the dustbin of history,” House Speaker John Boehner wailed this week.

And so it goes: one big conservative pity party.

Imagine how hard it must have been to lose.

For four long years they hit Obama with everything they had, assailing him at every turn. No insult was too offensive to be hurled; no abuse too outrageous to be tried; no name too abusive to call.

From Day One, destruction of the Obama administration and preventing his reelection was top priority; the second item too far down the list to remember.

Four years of blame, blame, blame. Blah, blah, blah.

Conservatives on Capitol Hill and right-wing commentators left nothing on the field.

They gave it their all — and came up empty.

What an emotional letdown. How not to feel at least a little sorry for them?

So where do they go from here?

This should be a time for introspection, for conservatives to examine their thoughts and look inside for answers as to why they lost when, at first blush, they had so much going for them. And why were they so dead set on not just defeating but breaking this president?

Hard-liners, of course, will take exception to my characterization of their behavior. What I might call abusive or mean they would probably describe as passionate: their passionate defense of liberty, the Constitution, smaller government, free enterprise and the individual — all things they see Obama as opposing.

The conservative wing regards itself as all that stands between freedom and tyranny, between order and chaos, between values and licentiousness.

And perhaps that self-view explains why they are taking their loss so hard.

It also may help explain why their conduct is so, well, touching.

Conservatives yakking it up in House and Senate chambers and on the airwaves these days are delusional, in much the way that the South deluded itself into thinking it was in the right during the Civil War or that Republicans held fast to the misguided belief that the presidency of Franklin Delano Roosevelt was wrong for the country.

American principles endure. But America is changing, just as it evolved during the Lincoln era and just as it emerged from the Great Depression under FDR’s leadership.

What makes this so excruciatingly sad is that some forces on the right are too far gone to see the truth.

 

By: Colbert I. King, Opinion Writer, The Washington Post, January 25, 2013

January 26, 2013 Posted by | GOP, Politics | , , , , , , | Leave a comment

“A Wonderful Experiment”: Before Default, Let Republicans Bump Up Hard Against The Debt Ceiling

A prolonged confrontation over the nation’s debt ceiling — unlike the “fiscal cliff,” which provoked many scary headlines – could truly be grave for both America and the world. While press coverage often mentions the possibility of lowered credit ratings for the US Treasury (again), that might only be the mildest consequence if Republicans in Congress actually refuse to authorize borrowing and avoid default.

Last time the nation prepared to face such an impasse, during the spring and summer of 2011, the chairman of the Treasury Borrowing Advisory Committee – a JPMorgan Chase official named Matthew Zames – laid out a disturbing scenario in a letter to Treasury Secretary Tim Geithner, in which he foresaw a rolling catastrophe that could inflict hundreds of billions in additional borrowing costs; spark a run on money funds, leading to a renewed financial crisis; severely disrupt financial markets and borrowing, killing fragile economic growth; and push the economy back into recession due to higher interest rates and tightened credit.

In short, the economy would contract sharply and the U.S. – along with the rest of the world – might well be plunged back into negative growth. If that was true in July 2011, it is equally true today, and there is no reason to dismiss that warning.

But the Republican leadership on Capitol Hill insists that they are willing to take these mind-boggling risks, solely for the purpose of enforcing an extreme austerity regime that has already done permanent damage in much of Europe. Between the “Boehner rule” demanded by House Speaker John Boehner, which requires a dollar in new spending cuts for every dollar increase in the debt ceiling, and the House Republican budget authored by Rep. Paul Ryan, congressional Republicans evidently want not only to gut Medicare, Social Security, and Medicaid, but to “eliminate more and more of the basic functions of government over time,” according to the Center on Budget and Policy Priorities. No education aid, no food safety inspections, no environmental protection, no infrastructure repairs, no cancer research…

From immediate economic jeopardy to long-term national decline, these prospects are obviously appalling – yet many Republican elected officials sound positively pleased about the debt ceiling crisis they have created. Senator Tom Coburn, Republican of Oklahoma, told a right-wing radio host recently that a government default would actually be a “wonderful experiment.” He assured listeners, quite falsely, that their Medicare and Social Security checks would continue to arrive every month, no matter what, and that only “stupid” spending would be cut.

If Coburn – or any Republican senator – is so eager to test the debt ceiling, perhaps he should volunteer to bump up against it first. As the Tulsa World reported in 2011, federal spending in Oklahoma amounts to three times as much as the entire state budget, with Social Security alone accounting for almost a billion dollars a month there, and Medicaid and other medical assistance amounting to another $500 million-plus. Coburn’s ultra-conservative, deep-red home state is highly dependent on federal employment and assistance, ranking 12th in retirement and disability payments and 11th in per capita federal payroll, despite its small size.

So by all means, let’s find out, as Coburn suggested, whether we can live “on the money that’s coming into the Treasury” without borrowing to finance those monthly pension checks and all those stupid federal jobs — and let’s start in Oklahoma, tomorrow. Then let’s roll out the same experiment in every state whose senators and representatives are refusing to pay the bills they have already racked up over the years – especially states, like most of those below the Mason-Dixon line, where federal spending is far higher than the tax revenues remitted to Washington.

Surely that would silence all the loud talk about this “wonderful” experiment in fiscal brinksmanship.

 

By: Joe Conason, The National Memo, January 16, 2013

 

 

January 17, 2013 Posted by | Debt Ceiling | , , , , , , , , | 1 Comment

“Time Is Running Out”: The GOP Needs To Figure Out Its Position On Entitlement Programs

The White House’s weekend ultimatum that Congress either lift the debt ceiling cleanly or take responsibility for default puts Republicans in a bind over their goal of reforming entitlement programs.

In ruling out all executive options, such as minting a high-value platinum coin, the White House put the onus on congressional Republicans to agree to raise the nation’s borrowing limit — without spending cuts or strings attached — or permit the first ever credit default.

President Obama has steadfastly rebuffed their calls to cut social spending in exchange for raising the debt ceiling, and Democratic leaders support his position.

“There are only two options to deal with the debt limit: Congress can pay its bills or it can fail to act and put the nation into default,” said Obama’s spokesman Jay Carney.

“The President and the American people won’t tolerate Congressional Republicans holding the American economy hostage again simply so they can force disastrous cuts to Medicare and other programs the middle class depend on while protecting the wealthy.”

That leaves Republicans in a difficult position vis-à-vis their promise not to raise the debt ceiling without improving the long-run solvency of programs like Social Security and Medicare.

If they propose safety net cuts that Democrats oppose, they risk political blowback. If they back off, conservatives will accuse them of surrender on a top priority.

The situation has left Republicans flummoxed. Senate Minority Leader Mitch McConnell (R-KY) lashed out at Democratic leaders after they sent a letter Friday calling on President Obama to raise the debt ceiling unilaterally if Republicans block congressional action.

“The Democrat leadership hiding under their desks and hoping the President will find a way around the law on the nation’s maxed-out credit card is not only the height of irresponsibility, but also a guarantee that our national debt crisis will only get worse,” McConnell said in a statement. He swiped Democrats for refusing to offer “any plan to break the spending habit that’s causing the problem.”

Republican leaders understand the risks of pushing near-term entitlement cuts without Democratic buy-in. During the fiscal cliff battle, they abstractly demanded scaling back entitlements but avoided putting specifics on paper. House Speaker John Boehner’s (R-OH) failed fallback plan didn’t touch entitlements.

As he did then, McConnell is again calling on Obama to put forth a debt ceiling plan with spending cuts, in effect suggesting that the president be the one to call for scaling back the safety net.

The other option, backing down on entitlements, is also problematic after Republicans demoralized their anti-tax base by swallowing some $620 billion in tax increases to resolve the fiscal cliff. In accepting the deal, GOP leaders assured conservatives that the debt ceiling was where they would make their stand on retirement programs.

Achieving meaningful savings requires making unpopular cuts beyond what’s been considered recently. Policies under discussion in prior negotiations included reducing future Social Security benefits via Chained CPI and gradually raising the Medicare eligibility age to 67. Both amount to benefit cuts that the public opposes. And the savings they’ll produce would only address a fraction of the programs’ long-term solvency problems.

That’s the GOP’s dilemma in a nutshell: fulfilling their promise to their base requires pushing for something highly unpopular. And this time, not only are Democrats diligently refusing to provide them political cover, but forcing the issue would also require Republicans to court severe economic consequence as their price of political victory.

 

By: Sahil Kapur, Contributor, Business Insider, January 15, 2013

January 16, 2013 Posted by | Debt Ceiling | , , , , , , , , | Leave a comment

“A Teaparty Tipping Point”: Michele Bachmann Returns To The House Intelligence Committee

The Tea Party ain’t over. Case in point: last week, former presidential candidate and unflagging conspiracy theorist Michele Bachmann announced that, despite the understandable outcry, she has been assigned yet again to the House Permanent Select Committee on Intelligence in the new congressional term.

Today, People For the American Way delivered 178,000 petitions to House Speaker John Boehner urging him to remove Bachmann from the Intelligence Committee. Members of the House Intelligence Committee are entrusted with classified information that affects the safety and security of all Americans,” the petition reads. “That information should not be in the hands of anyone with such a disregard for honesty, misunderstanding of national security, and lack of respect for his or her fellow public servants.” Boehner should take these concerns seriously. Instead, he has rewarded Bachmann’s reckless extremism with continued access to classified information and another term on a powerful committee.

This didn’t need to happen and it certainly shouldn’t have. More than a few comedians have pointed out the irony of Michele Bachmann being appointed to the “Intelligence” Committee in the first place. But on the Intelligence Committee the Minnesota congresswoman is no joke. Last year, Bachmann went too far, even by her own low standards, when she urged the Defense and Justice Departments to investigate what she alleged were Hillary Clinton aide Huma Abedin’s ties to the Muslim Brotherhood, claiming that the Islamist group had achieved Manchurian Candidate-style “deep penetration” into the U.S. government. Her allegations were supported only by her delusionary distrust of Muslim-Americans and by the rantings of anti-Islam activist Frank Gaffney. Meanwhile, she was rebuked by many of her fellow Republicans, including Sen. John McCain, who called the accusations “an unwarranted and unfounded attack on an honorable woman, a dedicated American and a loyal public servant,” and Boehner, who said the claims were “pretty dangerous.” Even her own former campaign manager Ed Rollins called her attacks “downright vicious” and compared her unhinged witch hunt to that of the late Sen. Joseph McCarthy.

Since then, despite having no evidence, she’s hasn’t moderated her rhetoric. At September’s Values Voter Summit, she claimed that a decision by the FBI to stop using flawed anti-Muslim training materials amounted to President Obama enforcing “Islamic speech codes.” In subsequent radio interviews, she claimed that the president wanted to impose Sharia law at home and abroad.

Bachmann of course promotes a wide range of conspiracy theories — including the theory that the HPV vaccine causes mental retardation and that people who fill out the census will end up in concentration camps. But her wild claims about anti-Americanism in the halls of government have a direct bearing on her position on the Intelligence Committee and they’re where we should draw the line. Bachmann’s often laughable crackpot theories are no longer funny when they involve our national security.

Apparently Speaker Boehner disagrees. While he made headlines last year for condemning Bachmann’s dangerous crusade, he has yet to take any action to stop it. Bachmann and the Tea Party have proven time and again that they don’t take the business of governing seriously. Boehner and his fellow Republican leaders should stop pretending like they do.

 

By: Michael B. Keegan, The Huffington Post, January 14, 2013

January 15, 2013 Posted by | Congress, Teaparty | , , , , , , , | Leave a comment