Mr. Boehner is still trying to drum up votes, but more and more people are sounding like they understand the scenario and need to lead for the whole country and not just a few. Sorry – not you Rush, or Glenn or Sean. (yes, I had errands to run yesterday and turned on talk radio)
Even my blog brothers at ThreeSources are onboard this latest bill. It was a good fight and with 1/2 of 1/3 of the governing body I think Boehner did a good job.
In the meantime – others – and you know who you are (including Rush, Glenn and Sean) – have a plan. Let’s see how John McKormick describes it.
Underpants Gnome debt plan:
Phase 1: Defeat Boehner;
Phase 2: ???;
Phase 3: Cut, Cap, Balance!
Yeah – that’s a good plan.
Allapundit, who I often think is a bit over the top, sounds like the adult in the room with this observation about that plan. (bold is mine) [tangent: he also links to Keith Hennessey who shares his reasoned arguments for support]
Yeah, I’m confused by Phase 2 also. What’s the scenario by which Barack Obama and Harry Reid magically become fiscal conservatives and lead the Democrats to adopt CCB? The thinking, I assume, is that if we hit the ceiling and the economy tanks, the left will have a panic attack and agree to pass CCB simply because it’s the only thing, supposedly, that can pass the House. But that assumes Democrats will agree to anything to raise the ceiling. They won’t. If you disagree, why not add the repeal of ObamaCare to the list of GOP demands? Why not add the privatization of Social Security? I hate to intrude with a bit of bracing political reality but Obama and Reid have to appease their base too. Giving the tea party everything it wants is the opposite of that, for which they’d pay a terrible electoral price. And since this fiasco is, after all, about nothing more than electoral politics on the Democratic side, that makes CCB an instant nonstarter.
Some people seem to think that this country is solidly “conservative”. It isn’t. And yes, the Republican Congress would definitely get blamed if interest rates shot through the roof due to a debt ceiling denial. It isn’t hard to do that. Watch what DerSpeigal does here in this article.
Step 1: Talk about the seriousness of the long term problem.
German Finance Minister Wolfgang Schäuble, widely respected in the US capital for his forthrightness, is the latest. “Everyone in the US should be aware of their responsibility for the global financial markets,” Schäuble told the daily Passauer Neue Presse on Thursday. He added that he remained confident a solution would be found, but “even then, America’s problems won’t be solved. The core of those difficulties is exorbitant debt and the economic prospects. Americans have to find long-term solutions to create solid fiscal and growth policies.”
Step 2: Blame Republicans
Conservative Republicans in Washington have pointed to such economic indicators in explanation for their refusal to give an inch in the ongoing battle with Obama. Yet while Republicans have insisted on massive budget cuts, they have refused to consider raising taxes on America’s richest. While Obama has been seeking to give a little in an effort to find a compromise, the Republicans, who many believe have been following the lead of the arch-conservative Tea Party movement, have done nothing but take.
I’m not suggesting we live in fear of being “blamed” for problems, but I am suggesting there is one thing far far worse than increasing the debt ceiling or even defaulting.
Four more years of Obama.
Radio Shows are there for ranting and raving. Politicians need to govern. They’ve done a great job of holding the line. Such a great job there still is not guarantee yet that this will pass, that it will pass the Senate or that Obama will sign it. So place your calls and send your letters. This isn’t quite over.