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Wed Dec 12, 2012, 02:40 PM

Obama to GOP on debt ceiling: Here is my offer, nothing

Ezra Klein reports:

The debt ceiling is proving a key sticking point, both in terms of politics and policy Whatever House Republicans might think, the White House is all steel when it comes to the debt ceiling. Their position is simple, and itís typically delivered in the tone of voice that Bruce Willis reserves for talking to terrorists: Theyíre happy to raise the debt ceiling on their own, as would be the case under their proposal to take authority for the debt ceiling away from Congress. But if Congress rejects that offer, then the debt ceiling is Congressís problem, and the White House will not help.


I'm older than Ezra by more than a little, so the cinematic image that leaps into my brain is not Bruce Willis but rather Michael Corleone, in The Godfather, Part 2 (You tube here):


Senator Pat Geary: I want your answer and the money by noon tomorrow. And one more thing. Don't you contact me again, ever. From now on, you deal with Turnbull.

Michael Corleone: Senator? You can have my answer now, if you like. My final offer is this: nothing. Not even the fee for the gaming license, which I would appreciate if you would put up personally.


President Obama would appreciate if John Boehner would deal with the debt limit now. But absent that, his offer is nothing. A far cry from August 2011. FWIW, President Clinton took the same approach when the GOP voiced the idea of holding the debt ceiling hostage in 1995:

http://www.dailykos.com/story/2012/12/12/1169226/-Obama-to-GOP-on-debt-ceiling-Here-is-my-offer-nothing

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Reply Obama to GOP on debt ceiling: Here is my offer, nothing (Original post)
Playinghardball Dec 2012 OP
monmouth3 Dec 2012 #1
freshwest Dec 2012 #2
John2 Dec 2012 #3
Dalai_1 Dec 2012 #4
rgbecker Dec 2012 #5
MediaMan Dec 2012 #6

Response to Playinghardball (Original post)

Wed Dec 12, 2012, 02:47 PM

1. Thanks for the Godfather reference. Good one...n/t

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Response to Playinghardball (Original post)

Wed Dec 12, 2012, 03:09 PM

2. I'd say the criminal front operation that the GOP represents, deserves less than nothing.

And by less than nothing, I mean tax them to get back their ill-gotten gains. That's what taxes on the rich and subsidized corporations are. The GOP are so fond of playing the retroactive game. They should be dealt some retroactive justice.



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Response to Playinghardball (Original post)

Wed Dec 12, 2012, 03:30 PM

3. That is

 

what I'm saying. I'm tired of listening to the Republicans whining. I'm tired of listening to the media. I'm tired of listening Wall Street. Just go off this dam cliff if they are so scared. The Republicans aren't in a position to dictate to anyone. Obama has already let us know the Republicans can sign a Bill now to cut taxes. That is the only time he should want to hear from Boehner. Go ahead off the Cliff, whatever turns you on!

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Response to Playinghardball (Original post)

Wed Dec 12, 2012, 03:31 PM

4. +1

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Response to Playinghardball (Original post)

Wed Dec 12, 2012, 05:35 PM

5. I say let em own the debt ceiling.

If Congress wants to say Obama can't borrow and spend any more. Obama simply chooses which programs to continue and which to stiff. First on the list, Congressmen's pay check.

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Response to Playinghardball (Original post)

Wed Dec 12, 2012, 09:32 PM

6. Obama Campaign Reactivates To Pressure GOP

Just a month after President Obama won his campaign for a second term, his campaign apparatus sprang back to life Wednesday, urging supporters to keep pressure on the GOP to sway towards the presidentís favored tax policies.

- See more at: http://thedemocraticdaily.com/2012/12/12/obama-campaign-reactivates-to-pressure-gop/#sthash.fTaMRFf3.dpuf

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