Deficit Predators: Everything You Need to Know About the Twisted, Dangerous Debt Ceiling Fight

[Donnachaidh]

http://www.alternet.org/world/151593/deficit_predators%3A_everything_you_need_to_know_about_the_twisted%2C_dangerous_debt_ceiling_fight/

The debt ceiling is an exercise in bad faith. And any deal that cuts social programs will be catastrophic for millions of Americans.


News reports hold that President Obama scored a political victory by agreeing to put Medicare and Social Security on the chopping block to achieve a “go-big” $4 trillion deficit reduction. Speaker Boehner had to concede that Republicans won’t vote for any package that includes tax increases – and the deal died. So the gambit worked and the President emerged with a solid image as the alpha deficit hawk.

To which one can only say: how nice for him.

We’re in a summer that only Salvador Dali could paint, a reality so twisted that one almost yearns for the simple verities of the War on Terror or even the invasion of Iraq. Then as now, to be serious one must be a “hawk.” (The dove is a weakling, a loser, and the owl for practical purposes does not exist.) So let’s review some of the strange and mysterious faces of this ugly, vicious bird.

More at the link --

[The Big Vetolski]

1. K & R. As I suspected, this whole debt default argument is just a

con game so the already obscenely wealthy can loot public assets. Hound the prey, weaken it, kill it, eat it. And the whole time, blame the prey for being irresponsible.

Jackal Capitalism.

[Faryn Balyncd]

2. K and R

[Lint Head]

3. The Shock Doctrine is at play here.

[checks-n-balances]

5. Yes. as it was in Bush's 2008 Wall Street Bailout

I wish the GOP could experience the Shock Doctrine for themselves. And Milton Friedman post mortem.

[checks-n-balances]

4. K&R

:kick:

BTW, you're on a roll tonight, Donnachaidh! And thanks for posting these.