Showing posts with label debt ceiling. Show all posts
Showing posts with label debt ceiling. Show all posts

Sunday, July 31, 2011

The Soulless Shell of a Once Great Nation

Republicans have hatched a grand scheme to shrink the size of government and destroy the social safety net. Their plan is simple: make raising the debt ceiling a big deal by tying it to deficit reduction and then House Republicans will not vote to raise the debt ceiling unless deadly cuts are made to Medicare, Social Security and Medicaid.

Historically raising the debt has been perfunctory, a matter of housekeeping because no new obligations are incurred by raising the debt ceiling. The ability to continue to make payments on obligations already incurred is affected. The failure to raise the debt ceiling would cause a fiscal crisis for the United States and the world.  The United States would no longer be the greatest nation on Earth.

Are Republicans crazy enough to carry out their scheme?  Yes.  Even the sane among Republicans approve the strategy because they believe the President and Democrats are sane and responsible.   The sane Republicans (I am beginning to doubt there are any) believe the President and Democrats will give in to demands by the Republicans to destroy the safety net because the President and Democrats do not want to drive this nation off the cliff. The irony will be that in trying to save us now, the Democrats kill our future.

The scheme has turned into a grand game for Republicans aimed at destroying Medicare (so insurance companies can drain senior's pockets), Social Security (make people work until they die) and Medicaid (without health care the disabled and frail elderly die and are not a drain on society). Republicans are enjoying themselves.   Sadly, some Democrats have joined the game as co-conspirators. 

Republicans believe the fewer with jobs the better because eventually people will take any job at any wage to live.  Hence, no job creation bills.  Republicans aim to create an underclass to serve the rich.  Only those who are strong and healthy will survive to spend their lives toiling at work paying the minimum wage. (\Republicans will do away with the minimum wage as soon as possible and see that only subsistence wages are paid.)  The United States of America will be the soulless shell of a once great nation.  August 2, 2011 will be the anniversary of the beginning of the end.  

Monday, May 16, 2011

Draw a Line in the Sand

For if we hit the debt ceiling, the government will be forced to stop paying roughly a third of its bills, because that’s the share of spending currently financed by borrowing. So will it stop sending out Social Security checks? Will it stop paying doctors and hospitals that treat Medicare patients? Will it stop paying the contractors supplying fuel and munitions to our military? Or will it stop paying interest on the debt?     Paul Krugman

I have supported President Obama despite my belief that he values compromise above principal.  I voted for him in 2008.  Whether I vote for him again depends on whether he takes a stand against the
Republican goats( goats as in Matthew 25:31-46).


If President Obama does not stand up to Republicans over the debt ceiling and allows massive spending cuts, I will not vote for him because we might as well have a Republican in the White House.  Obama on the campaign trail talked a good show.  (I admit I preferred Hillary because I thought she was tougher and Obama had a habit of being condescending to women..)  I have been disappointed in his capitulation while in the White House to Republican grandstanding.

President Obama is wealthy and will not suffer from whatever he does.  I, on the other hand, am on a limited, fixed income, and because of a childhood illness (pre-existing condition) cannot get insurance.  The federal and state health risk pools are a farce:one would take more than 1/2 my income and one would take all of it to cover my monthly insurance premium.  The reality is that the health care reform has done absolutely nothing to help me.  My hope was to survive to 65, but the Republicans plan to destroy Medicare and, at  this point, I fear President Obama will aid and abet them.

 Draw a line in the sand, Mr.President.