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Sat Jan 19, 2013, 03:08 PM

Krugman: Extortionists Versus Con Men (the repub party and the debt ceiling)

Itís looking increasingly as if House Republicans wonít crash the world economy by refusing to raise the debt ceiling, at least not right now. Score a big one for the White House (provisionally); its bet that it wouldnít need a way to bypass the ceiling is looking like a winner (although it ainít over until the tanned guy cries).

Itís important, however, to be clear about whatís going on here, and in particular about the nature of the debate within the GOP. Some commentary depicts it as a debate between radicals and moderates; but itís actually a debate between extortionists and con men.

**snip**

One faction basically wants to use the partyís power of obstruction: threaten to provoke a crisis over the debt ceiling ó in fact, do this again and again ó and thereby force Obama to implement the GOP agenda. The other faction wants to achieve the same goals by stealth. Pretend that what youíre really concerned about is debt and the fate of our children; cultivate the Very Serious People and the deficit scolds; impersonate a budget wonk; and smuggle the agenda in by dressing it in fiscal responsibility camouflage.

Unfortunately for the Republicans ó and fortunately for the rest of us ó neither approach seems to be working ...

http://krugman.blogs.nytimes.com/2013/01/18/extortionists-versus-con-men/

That makes sense - the extortionists versus the con men. What a party the repubs have put together.

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Reply Krugman: Extortionists Versus Con Men (the repub party and the debt ceiling) (Original post)
pampango Jan 2013 OP
GeorgeGist Jan 2013 #1
patrice Jan 2013 #2
Jackpine Radical Jan 2013 #3

Response to pampango (Original post)

Sat Jan 19, 2013, 03:12 PM

1. Con men eventually always choose ...

the wrong friends.

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Response to pampango (Original post)

Sat Jan 19, 2013, 03:20 PM

2. parasitic extortionists

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Response to pampango (Original post)

Sat Jan 19, 2013, 03:40 PM

3. Best line of the week--

It ainít over until the tanned guy cries.

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