July 27, 2011
— Ace Just another data point.
That plan, as House Speaker John Boehner himself understands, is far from perfect. But there is no reasonable prospect, given the current political balance of power in Washington, to get anything better on the debt ceiling issue. We cannot know exactly how financial markets will react to the various scenarios that might play out over the next several days, but the potential cost of finding out what the defeat of the Boehner Plan would be is not worth the risk.If AmericaÂ’s prospects for economic recovery are gravely impaired, if President Obama is able to turn the inevitable turmoil to his political advantage and achieve re-election, and if we face four more years of his debilitating economic and national security policies, the safety and security of America in the world may be damaged irreparably.
In politics as in battle, conservatives should remember Carl von Clausewitz’s sage advice to be satisfied with identifying and achieving “the culminating point of victory.” That does not mean total victory, but rather the maximum that can be achieved in any particular engagement. We should not stop short, but neither should we risk what we have achieved by proceeding dangerously beyond that culminating point.
For all the furor over the Boehner plan, it seems forgotten that Obama has suggested he would veto it. The optics of that-- should he do that -- would be worth something, I guess.
Posted by: Ace at
10:54 AM
| Comments (113)
Post contains 248 words, total size 2 kb.
Will penny-ante cuts make the least bit of difference?
I don't think the rating agencies are going to go legs-in-the-air over that saved billion.
Posted by: nickless at July 27, 2011 10:58 AM (MMC8r)
A vote for the Boehner plan is a vote to pretend we have money that doesn't exist. People who call 'purists' delusional should bear that in mind.
Posted by: Bevel Lemelisk at July 27, 2011 10:59 AM (FkKjr)
Posted by: Dave R at July 27, 2011 10:59 AM (Z+EX6)
I don't think the rating agencies are going to go legs-in-the-air over that saved billion.
Pelosi probably would... of course, shes gone for way lower
Posted by: Jollyroger at July 27, 2011 11:00 AM (NCw5u)
Posted by: brak at July 27, 2011 11:00 AM (fHhRt)
Posted by: Blog President Ace O'Spada at July 27, 2011 11:00 AM (nj1bB)
It should never have come to this point. Bad leadership let some idiots in the party go rogue. Amateur hour.
We had Obama by the balls. We had him. Now we're about to let him off the hook.
Posted by: Soothsayer at July 27, 2011 11:00 AM (sqkOB)
A $1 billion cut sounds more like the culminating point of defeat.
Posted by: Waterhouse at July 27, 2011 11:01 AM (kb9mN)
Posted by: cardboard bear at July 27, 2011 11:01 AM (ePB3J)
Posted by: Empire of Jeff, EXXXTREMIST at July 27, 2011 11:01 AM (lbo6/)
Posted by: Brown Gargantua at July 27, 2011 11:01 AM (B60j2)
If so, I'd like to know why that will be different than when we last held the WH, Senate & House.
Why is it going to be different this time?
I submit it will not. Because then, the culminating point of victory will be winning in 2014.
We're winning our way to bankruptcy.
Please, someone explain how, this time, it's going to be different. Who will be our Majority Leaders?
Posted by: krakatoa at July 27, 2011 11:01 AM (bbJJG)
But I agree with Bolton that we need to pass something rather than face the risk of doing nothing - which many of you think is no big deal.
Let's get the best deal we can and move on.
Posted by: Chi-Town Jerry at July 27, 2011 11:01 AM (f9c2L)
Posted by: Dave at July 27, 2011 11:02 AM (Xm1aB)
What they don't get is that afterwards, there are most likely only ashes or at best. some serious burns.
Posted by: Marcus at July 27, 2011 11:02 AM (CHrmZ)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:02 AM (cbyrC)
Posted by: Blog President Ace O'Spada at July 27, 2011 11:03 AM (nj1bB)
What optics? I thought we've established that the media will protect Obama at all costs. So, again, what optics?
This is why the Republicans need to do the right thing and not worry about what the media will do because the media will do what it always does, regardless.
Posted by: KG at July 27, 2011 11:03 AM (LD21B)
Posted by: oblig. at July 27, 2011 11:04 AM (xvZW9)
If Boehner's plan fails, pass a very modest debt increase -- a clean bill --and then huddle up and regroup for Round 2.
This whole thing is FUBARed. Drop 10 and punt.
And next time, Boehner et al, get it right.
Posted by: Soothsayer at July 27, 2011 11:04 AM (sqkOB)
Then Boehner should quit planning and tell the Senate CCB is IT and nothing more is forthcoming.
If the Repubs are going to get blamed no matter what - and they will - then do what the majority wants you to do. IOW, what's right.
Posted by: Brown Gargantua at July 27, 2011 11:04 AM (B60j2)
Because at that point, we are hopefully at the big boy table and don't need these feckless, illogical, weak political calculators.
Posted by: Marcus at July 27, 2011 11:05 AM (CHrmZ)
Posted by: Brown Gargantua at July 27, 2011 03:01 PM (B60j2)
No, his first mistake was letting me attain sentience. Bow before my luxuriousness.
Posted by: Bolton's Rocking Stash at July 27, 2011 11:05 AM (136wp)
Posted by: Chris R at July 27, 2011 11:05 AM (QiNmA)
Let's get the best deal we can and move on.
Posted by: Chi-Town Jerry at July 27, 2011 03:01 PM (f9c2L)
Congress has been deathly afraid of "doing nothing" for a very, very long time, and that fear has caused them to do things that have been very bad for America.
I don't about you, but I would love it if Congress, for once in their miserable lives, did .... nothing.
Posted by: KG at July 27, 2011 11:06 AM (LD21B)
Posted by: Dave at July 27, 2011 11:06 AM (Xm1aB)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:07 AM (cbyrC)
Posted by: Chris R at July 27, 2011 03:05 PM (QiNmA)
Now let's all support a vote for make-believe money and pretend everything will be alright.
Posted by: Bevel Lemelisk at July 27, 2011 11:07 AM (FkKjr)
Posted by: JackStraw at July 27, 2011 11:07 AM (TMB3S)
This time doing something might be the right thing for the GOP.
If the market drops 2-3% for a day or two, people with 401K's will get nervous and angry. Even if it rebounds immediately, nothing will erase the spotlight on Boehner and the Tea Party freshmen.
Posted by: Soothsayer at July 27, 2011 11:09 AM (sqkOB)
Thus.
Posted by: Brown Gargantua at July 27, 2011 11:09 AM (B60j2)
Posted by: Y-not at July 27, 2011 11:09 AM (5H6zj)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:09 AM (cbyrC)
Posted by: Chris R at July 27, 2011 03:05 PM (QiNmA)
Now let's all support a vote for make-believe money and pretend everything will be alright.
Posted by: Bevel Lemelisk at July 27, 2011 03:07 PM (FkKjr)
Can I haz Skittles nowz?
Posted by: The 52 Percenters at July 27, 2011 11:10 AM (136wp)
Posted by: Truman North at July 27, 2011 11:10 AM (K2wpv)
How exactly would that be something new and unexpected?
Posted by: Brown Gargantua at July 27, 2011 11:10 AM (B60j2)
If Boehner's plan fails, pass a very modest debt increase -- a clean bill --and then huddle up and regroup for Round 2.
This whole thing is FUBARed. Drop 10 and punt.
And next time, Boehner et al, get it right.
-----------
Ahahahah, and what the hell are they going to do in round 2? If I'm a Dem, and I just watched the Rs cave and pass a clean bill, why in the holy hell would I even bother to look their direction in round 2? I'd just wait for them to start sweating again and pass another clean bill.
Posted by: Rich at July 27, 2011 11:10 AM (wnGI4)
WTH, Arizona? What's wrong with you guys?
Posted by: Hobbitopoly at July 27, 2011 11:11 AM (h1p5V)
Posted by: The Democrats in the Senate at July 27, 2011 11:11 AM (FcR7P)
Posted by: Andy T at July 27, 2011 11:11 AM (y5bPZ)
Barky has gone "Full Carter".
Posted by: jrg at July 27, 2011 03:04 PM (BkQvr)
Funny, I was expecting something from "Tropic Thunder" more than "Full Monty".
Posted by: cthulhu at July 27, 2011 11:11 AM (kaalw)
It will be new because a lot of a-political people will take notice. And they'll swallow up whatever the media tells them.
Posted by: Soothsayer at July 27, 2011 11:11 AM (sqkOB)
Posted by: Truman North at July 27, 2011 03:10 PM (K2wpv)
I've thinking of asking to transplanted to Madonna. That's how disappointed I am.
Posted by: Bolton's Rocking Stash at July 27, 2011 11:11 AM (136wp)
Posted by: Barry Obama at July 27, 2011 11:12 AM (48wze)
Posted by: Truman North at July 27, 2011 03:10 PM (K2wpv)
Stick to topics OUTSIDE our borders 'Stache
Posted by: Chris Matthews at July 27, 2011 11:12 AM (FIDMq)
And fuck John McCain. The guy is lecturing US on political strategy?
Posted by: nickless at July 27, 2011 11:12 AM (MMC8r)
Posted by: Rich at July 27, 2011 11:12 AM (wnGI4)
Because the Senate already has CCB in front of them. They have a plan to vote for. The House should go on recess.
Posted by: Truman North at July 27, 2011 11:12 AM (K2wpv)
You guys are so worried about how many votes you'll lose with each compromise you forget about how many votes you'll inspire with a simple "Hey Barry: go fuck yourself."
Posted by: Evil Red Scandi at July 27, 2011 11:13 AM (M+Vm5)
Posted by: Soothsayer at July 27, 2011 03:09 PM (sqkOB)
So... the Republicans are supposed to just roll over and give the Dems what they want? Because, frankly, the gimmicks he's pulling are the same old bullshit: increased spending now, and "cuts" pushed into out years, etc.
*sigh* This is going to end badly, because our leadership don't seem to understand negotiation 101.
Posted by: KG at July 27, 2011 11:13 AM (LD21B)
Posted by: Barry Obama at July 27, 2011 03:12 PM (48wze)
Can I haz reaches-arounds, plz?
Posted by: The 52 Percenters at July 27, 2011 11:13 AM (136wp)
Posted by: nickless at July 27, 2011 03:12 PM (MMC8r)
Try using some of that mocking rhetoric towards your colleagues regarding no budget from the Senate, Juan
Posted by: Red Shirt at July 27, 2011 11:14 AM (FIDMq)
The Republicans have a majority behind them yet they're bending over, repeatedly, to please Obama.
They. Have. Not. Yet. Learned.
Posted by: Brown Gargantua at July 27, 2011 11:14 AM (B60j2)
Can we get off "August 2nd" please?
August 2nd is a LIE.
We won't default unless the president decides not to pay the debt service.
We have enough revenue to continue every constitutionally-mandated program, SS, Medicare, vets benefits, food stamps, and still have $40-60B left over for shit like sending money to China to clean up their hookers.
Posted by: Truman North at July 27, 2011 11:14 AM (K2wpv)
Posted by: Ms. Ciccone's Axillary Furburgers at July 27, 2011 11:15 AM (cbyrC)
clyburn and a group of House Democrats are urging President Barack Obama to invoke the 14th Amendment to raise the debt ceiling if Congress canÂ’t come up with a satisfactory plan before the Tuesday deadline.
Clyburn, the third-ranking House Democrat, said Wednesday that if the president is delivered a bill to raise the debt ceiling for only a short period of time, he should instead veto it and turn to the phrase in the Constitution that says the validity of the U.S. government’s debt “shall not be questioned.”
could they do that?
Posted by: willow at July 27, 2011 11:15 AM (h+qn8)
That useless old fuck needs to be stripped of everything Republican. Shun this muthafucker.
Posted by: sifty at July 27, 2011 11:15 AM (ECjvn)
Good thing Gollum was there, coveting the thing, biting Frodo's finger off to get his Precious back...and by the way, launch himself into the lava in the process.
Translation: The enemy's lusts were their undoing.
Anyone out there really feel like playing those odds? I ain't confident right now.
Posted by: F--- Nevada! (I'm AoSHQ's DarkLord©, and I approve this message) at July 27, 2011 11:15 AM (GBXon)
Because the Senate already has CCB in front of them. They have a plan to vote for. The House should go on recess.
I thought Reid wouldn't allow it to come to floor for a vote.
Posted by: jewells45 at July 27, 2011 11:15 AM (l/N7H)
*sigh* This is going to end badly, because our leadership don't seem to understand negotiation 101.
Posted by: KG at July 27, 2011 03:13 PM (LD21B)
Hey, I know how to negotiate. When I bought my daughter's car for college, I went to the dealer and said, "I have $50,000 to spend, show me your best Yugo!"
Posted by: Bitch McConnell at July 27, 2011 11:16 AM (136wp)
Posted by: Evil Red Scandi at July 27, 2011 03:13 PM (M+Vm5)
Seem I recall a poll where a shitload of people(well above 50%) want a BBA, say no to debt ceiling raise
Posted by: Red Shirt at July 27, 2011 11:16 AM (FIDMq)
I will not roll over for the Establishment Republicans no matter how they seem to think that the Republican base are the serfs to follow their commands.
No to this cave!
Posted by: GhostShip at July 27, 2011 11:17 AM (sbaXF)
"Posted by: Bolton's Rocking Stash at July 27, 2011 03:11 PM (136wp)"
Hey! Find your own damned digs.
Posted by: Ms. Ciccone's Axillary Furburgers at July 27, 2011 03:15 PM (cbyrC)
Yah, like you'd even notice me in that Amazon jungle of hair.
Posted by: Bolton's Rocking Stash at July 27, 2011 11:17 AM (136wp)
Posted by: Dave at July 27, 2011 11:18 AM (Xm1aB)
clyburn and a group of House Democrats are urging President Barack Obama to invoke the 14th Amendment to raise the debt ceiling if Congress canÂ’t come up with a satisfactory plan before the Tuesday deadline.
Clyburn, the third-ranking House Democrat, said Wednesday that if the president is delivered a bill to raise the debt ceiling for only a short period of time, he should instead veto it and turn to the phrase in the Constitution that says the validity of the U.S. government’s debt “shall not be questioned.”
could they do that?
No. The 14th amendment only says that the government has to pay its debt. It is silent on whether it has to pay for anything other than debt service. This is lefty blog Bizarro-world bullshit.
Posted by: Truman North at July 27, 2011 11:18 AM (K2wpv)
That is EXACTLY the point. Ball's already in his court; he's acting like it was never served. Make him deal with it and nothing else.
Posted by: Brown Gargantua at July 27, 2011 11:19 AM (B60j2)
No. The 14th amendment only says that the government has to pay its debt. It is silent on whether it has to pay for anything other than debt service. This is lefty blog Bizarro-world bullshit.
Posted by: Truman North at July 27, 2011 03:18 PM (K2wpv)
Hey, if President Barking-Mad wants to pay our debt - let him. He spent it. He just has to crawl to Satan Soros and ass-kiss him for the money.
Posted by: The Robot Devil at July 27, 2011 11:20 AM (136wp)
Just leave town. Send the House home. The Senate has CCB to consider.
Make this offer: CCB, or don't raise the debt ceiling.
Posted by: Truman North at July 27, 2011 11:21 AM (K2wpv)
FIFM
Posted by: sifty at July 27, 2011 11:22 AM (ECjvn)
Hey, if President Barking-Mad wants to pay our debt - let him. He spent it. He just has to crawl to Satan Soros and ass-kiss him for the money.
Debt service. Which is as of right now, manageable.
Posted by: Truman North at July 27, 2011 11:23 AM (K2wpv)
A BBA is in Boehner's bill and they were going to vote on the BBA this week. It caps spending at 18% of GDP.
Posted by: 80sBaby at July 27, 2011 11:23 AM (o2lIv)
Just leave town. Send the House home. The Senate has CCB to consider.
Make this offer: CCB, or don't raise the debt ceiling.
Posted by: Truman North at July 27, 2011 03:21 PM (K2wpv)
That would mean we would have to get our testicles back from our wives.
Posted by: RNC at July 27, 2011 11:23 AM (136wp)
Posted by: Fritz at July 27, 2011 11:23 AM (/ZZCn)
Hey, if President Barking-Mad wants to pay our debt - let him. He spent it. He just has to crawl to Satan Soros and ass-kiss him for the money.
Debt service. Which is as of right now, manageable.
Posted by: Truman North at July 27, 2011 03:23 PM (K2wpv)
Yep, you are right. So around 14 billion a month or so? Maybe we should charge Soros "protection". Cough up 14 billion or we show you were Obama is..
Posted by: The Robot Devil at July 27, 2011 11:25 AM (136wp)
Guess what? As the Boehner plan evolves, it is no longer "the Boehner Plan." It's "the Obama Plan with Inevitable Economic Failure Forced Upon Him by Boehner."
It's a bad plan. You're asking for Americans to support a bad plan. How is that ever wise? How about resubmitting a "good" plan and explaining why it's the only option compared to watered down failure you know you have because the Beltway said you should? You, Bolton et al. are telling me that if we don't go back to spending from just a few years ago the nation will collapse? Hogwash. If we keep spending/debt increase up, and yes, "the Boehner Plan" does just that, we're getting downgraded anyway... unless Moody's and the S&P are being bought off with taxpayer money to delay what they should do.
Ripley really needs to bomb D.C. from orbit... just to be sure.
Posted by: AnonymousDrivel at July 27, 2011 11:25 AM (r4t7/)
Posted by: Fritz at July 27, 2011 03:23 PM (/ZZCn)
Works for me. Michelle, where are my clubs?
Posted by: Barack "Malcom-Y" Obama at July 27, 2011 11:26 AM (136wp)
Fucking reality is a bitch.
Posted by: Chris R
I'm a fucking reality as well. With a strap on. No lube though.
Posted by: Filibuster (the real control of the Senate) at July 27, 2011 11:26 AM (6rX0K)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:27 AM (cbyrC)
Posted by: AnonymousDrivel at July 27, 2011 03:25 PM (r4t7/)
Yea, that'll work.
Posted by: Barack "The Alien" Obama at July 27, 2011 11:27 AM (136wp)
Posted by: dfbaskwill at July 27, 2011 11:27 AM (71LDo)
Yep, you are right. So around 14 billion a month or so? Maybe we should charge Soros "protection". Cough up 14 billion or we show you were Obama is..
It's about $29B/mo iirc. If our credit rating falls, it could go as high as $60B after the short-term paper turns over.
Posted by: Truman North at July 27, 2011 11:27 AM (K2wpv)
Posted by: 80sBaby at July 27, 2011 11:28 AM (o2lIv)
If they can lie to my face and make my vote end up irrelevant, I won't waste my time with it anymore. I'll just arm myself, grow my garden and chickens, and wait for the whole machine to finally blow apart.
Posted by: Brown Gargantua at July 27, 2011 11:29 AM (B60j2)
Right now, it looks like the Rs have the votes to pass the Boehner plan. It will then be killed by the Senate.
The fact that they would bring it to a vote is the only sign I need, and there have been many), that they are fundamentally unserious about paying back the debt.
Posted by: Truman North at July 27, 2011 11:30 AM (K2wpv)
Posted by: willow at July 27, 2011 03:15 PM (h+qn
Yes, in fact I have already predicted that if the House keeps its back up and refuses to raise the limit he will do it.
It is illegal as hell and has no basis in reality but they have found a couple of liberal fools who gave them a fig leaf while everyone else said it ludicrous.
But the bottom line is just like every other illegal use of executive fiat, he knows he can get away with it.
Posted by: Vic at July 27, 2011 11:31 AM (M9Ie6)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:32 AM (cbyrC)
Yes, in fact I have already predicted that if the House keeps its back up and refuses to raise the limit he will do it.
It is illegal as hell and has no basis in reality but they have found a couple of liberal fools who gave them a fig leaf while everyone else said it ludicrous.
But the bottom line is just like every other illegal use of executive fiat, he knows he can get away with it.
And then we get to see Tim Scott fold like a cheap whore.
Posted by: Truman North at July 27, 2011 11:33 AM (K2wpv)
That does not mean total victory, but rather the maximum that can be achieved in any particular engagement.
The real engagement being in November 2012 I take it.
Some days I want to crawl under my blankets and hide for a decade or so.
Posted by: arhooley at July 27, 2011 11:33 AM (z32d6)
Posted by: FRONT TOWARD LEFT at July 27, 2011 11:36 AM (cbyrC)
Posted by: 80sBaby at July 27, 2011 11:39 AM (o2lIv)
This case is different. The Boehner plan is just too much additional spending. The cuts are incredibly late and tiny. We should try something else.
A much more limited debt ceiling increase and a future reform is better than kicking the can far down the road to gain so little reform.
Posted by: Dustin at July 27, 2011 11:39 AM (519+h)
Posted by: Alabaster Jones at July 27, 2011 11:49 AM (cNFJa)
Posted by: The Great Satan's Ghost at July 27, 2011 11:49 AM (UrPTC)
Posted by: Your GOP elites at July 27, 2011 12:54 PM (xy9wk)
Posted by: matt foley at July 27, 2011 01:06 PM (nxTmu)
He's been around more than once (and has tremendous foreign policy experience), and knows the players and the crap. And he has the balls to face it head on.
Posted by: Dianne at July 27, 2011 02:03 PM (+tzv7)
I respect Bolton, but he is wrong here. We are having our futures destroyed.
This debt will see increased inflation that will wipe out the middle class as surely as it did it Argentina and Weimar Germany. Do you want to see a lifetime of work swept away?
The support more debt. That's why I always give another fix to my druggie borther in law when he tells me its his last one.
Posted by: Molon Labe at July 27, 2011 02:28 PM (g5MrG)
Take this hill, hold it, and then conquer the next one.
Posted by: JGriff at July 27, 2011 02:54 PM (jrACv)
Posted by: The Snowman Audio Book at July 28, 2011 05:02 AM (3OGep)
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fuckit
McCain just changed everything.
Posted by: Soothsayer at July 27, 2011 10:56 AM (sqkOB)