Post Tagged with: "debt debate"

August 4, 2011 05:20

Rove: Neither party really won, but the GOP has a better case to take to the public

Obama paid the highest price during this long confrontation. By the time he signed the debt ceiling, he had enraged his own party, issued demands that were routinely ignored, reinforced his reputation as being obsessed with raising taxes, and failed to produce a concrete plan of his own. – WSJ

August 3, 2011 04:54

Wishing Away Facts and Calling It “Compromise”

The Tea Party was screwed by this compromise, and most of them know it. They’re the sober ones amidst the spending addicts. The crisis in Washington is the climax of decades of reckless and mindless wealth redistribution “for the good of society.” In practice this means: The good of the politicians getting votes by spending other peoples’ money. The addiction is fueled by politicians who will not say no.

July 15, 2011 06:22

Here’s Why Republicans Will Lose the Debt-Limit Fight

Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner are trying to spook financial markets with hyperbolic warnings about a risk of default. This is blatant dishonesty and demagoguery, but Republicans are nervous that this tactic might be successful if there is a high-stakes showdown as the government’s borrowing authority runs out.