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The GOP Can’t
Surrender on Debt Ceiling

Commentary Magazine, by Jonathan S. Tobin

Original Article

Posted By:Dreadnought, 1/6/2013 4:11:29 PM

On Friday, my friend and colleague Peter Wehner wrote about the question of how the Republican Party can avoid a repeat of the fiscal cliff debacle in the upcoming months as a new deadline for raising the debt ceiling looms. Throughout the last few weeks, Pete has been spot-on in his analysis of what he rightly called the Republicans’ “losing hand” as President Obama and the Democrats forced them to accept a terrible fiscal cliff deal. Though some think the debt ceiling discussion will be very different from the cliff debate, Pete fears the GOP is headed

      


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Reply 1 - Posted by: yuban, 1/6/2013 4:14:51 PM     (No. 9101919)

Yes they can and yes they will.

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Reply 2 - Posted by: Doc Obiwan, 1/6/2013 4:23:12 PM     (No. 9101929)

Sure they can.

Just watch them.

I´ve had spaghetti with more backbone than Republican congresscritters.

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Reply 3 - Posted by: rc1776, 1/6/2013 4:37:14 PM     (No. 9101939)

If the feral gov.net House would shut off the obscene stream of money the wh resident bath house queen Ø´blo the blamer and it´s mate sasquatch blatantly squander that would "hep" stop the hemorrhage of taxplayer blood we suffer.

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Reply 4 - Posted by: SheikYerBooty, 1/6/2013 4:46:11 PM     (No. 9101949)

The Republican Party needs to die a painful death.

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Reply 5 - Posted by: Grambo, 1/6/2013 5:10:50 PM     (No. 9101982)

Mr. Boehner, you’ve got three ways to go:

1. Hold the debt ceiling and precipitate a government shut-down.
2. Impeach the president.
3. Cave to the president’s demands.

It’s your call.


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Reply 6 - Posted by: bubby, 1/6/2013 5:16:56 PM     (No. 9101991)

#1 Says it all nothing to add to that!

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Reply 7 - Posted by: dman, 1/6/2013 5:19:10 PM     (No. 9101993)

Gingrich raised something on Meet the Press that gave me pause. What, exactly, are the consequences of not raising the debt ceiling? Newt hinted that it would automatically trigger international consequences, and suggested that the fight be over CRs (continuing resolutions) and sequestration instead.

Can anyone shed some light on the consequences of capping the debt ceiling and our ability to pay interest on current debt? Newt hinted that the debt ceiling did not impact future debt. What´s the deal here?

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Reply 8 - Posted by: redink, 1/6/2013 6:03:33 PM     (No. 9102018)

*sigh* What´s with all this denial? Of course they´ll surrender. They´re officially the party of surrender. They make the French look like ancient Sparta. There´s no more conservatives in D.C and if there are...they´re locked in the bathroom.


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Reply 9 - Posted by: Bpl40, 1/6/2013 6:06:15 PM     (No. 9102020)

Here is suggestion. Pass a bill raising the debt limit $100 billion every month for twelve months. Tie easily swalloable cuts to each one. It´s for the´Rats to decide where to quit.

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Reply 10 - Posted by: bighambone, 1/6/2013 6:17:24 PM     (No. 9102033)

Unfortunately the Republicans are always going to be at a disadvantage no matter how right they are, because no matter what, the liberal media will always have Obama´s back.

The liberal media could really care less about the financial situation in the country or the state of the economy, as they are pretty much insulated from those factors, and every-time an election comes up they will pocket about as much money from the Republicans as they do from the Democrats just on campaign spots alone.

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Reply 11 - Posted by: OhMy, 1/6/2013 6:28:34 PM     (No. 9102048)

The current debt is already too high. The debt ceiling should not be raised. Spending should be reduced to the level of current income NOW. If the debt ceiling is raised this irresponsible behaviour could cause another downgrade of the national credit rating. This in turn can start a rise in interest rates. The Fed has held interest rates at zero for a long time. This cannot continue. Even a small rate on this huge debt is big money and that has to be paid as part of the debt. It can very quickly take up all the revenue to the treasury. There will never be formal default. It is unthinkable. We already have default by inflation. This will grow into hyper inflation. The currency becomes worthless. Check the internet for pictures of the Zimbabwe 100 Trillion Dollar Bank notes that were printed as currency! The old debt incurred when money was worth something is paid off with worthless future dollars. These should have the face of Obama printed on them! Everybody has the value of their savings, wealth, and retirement wiped out.

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Reply 12 - Posted by: M Stuart, 1/6/2013 7:24:16 PM     (No. 9102116)

Everyone on here needs to get a twitter account and hammer back at the LSM who will be battering all of us when the battle really heats up. You can go to their individual accounts and yell back in real time.



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Reply 13 - Posted by: dirtydave, 1/6/2013 11:11:00 PM     (No. 9102352)

Given their past performance, a cave, surrender, failure, capitulation, etc. is virtually assured. All the press and Democrats have to do is call them meanies.

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Reply 14 - Posted by: FormerDem, 1/7/2013 12:04:32 AM     (No. 9102399)

No, don´t surrender. It isn´t a matter of aiding the poor or not, etc., it´s a question of whether to do these things via the feds or via local authorities.

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Reply 15 - Posted by: FormerDem, 1/7/2013 12:29:10 AM     (No. 9102412)

btw, fta, "There is, he writes, no alternative but to patiently wait for the inevitable moment when the public tires of Obamaism. ´ Tobin is quoting Wehner. And is Wehner on drugs or what? He thinks the Democrats will not have a new error to propose? Is he mad? Did it work, waiting for the Russians to get tired of Stalin? Viewers to get tired of Madonna? No, the performers think of something new. Waiting for the public to Tire of this Nonsense is just fancy words to rationalize being tired and wanting to stop fighting. Don´t.

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