Intro: "Republicans say they want to save the country from Obama's reckless spending. But as Paul Begala argues, it's the GOP's policies that have driven the nation into the ground."
Speaker of the House John Boehner (left) and House Majority Leader Eric Cantor listen during a news briefing after a House Republican conference meeting, 06/22/11. (photo: Alex Wong/Getty Images)
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You can raise all the great race horses you want to but if you leave the barn door unlocked chances are they will be gone by the next morning.
Very well put. Obama has the patience of Job when it comes to dealing with the obstructionist Republicans and the petulant, childish Tbaggers. It would be heartening to see the rational Republicans who still remain in both houses (yes, there are still some in office) rise up and take back their party before it becomes little more than source material for the Daily Show.
Perhaps the super rich who funded the Tea Party and anti-tax movement are getting hurt the most. The stock market and bond markets have retreated and the super rich own most of them.
Gullible Tea party members and others were convinced that tax breaks for rich “job creators” were more important than anything, including the US economy, credit rating, Medicare, Social Security, education, police and fire protection.
These lemming-like voters elected inflexible idalogs to fight taxes and debt no matter who gets hurt.
Were the investments made by the super rich in the Tea Party their worst?
Maybe paying a little more corporate and personal taxes would have been a better investment.
This is what happens when Education and The Arts are cut at the slightest downplay of the economy...,alwa ys cut there first.
And how much of it was as deliberate and intentional as fascist dance of death for DEMOCRACY.
The teabaggers elected some 87 members to Congress in 2010 while progressives and the left in general sat on the sidelines hoping in vain that Obama was going to do the right thing. We now know that Obama is a corporatist in thrall to Wall St and the Pentagon, and has entirely embraced the neo-con agenda in both foreign and domestic policies. The Democratic Party has sold out its ostensible base. Progressive politics do not exist in DC. What alternative do we have but to begin anew with a third party?
1. Our newly elected President refused to investigate the odious crimes that destroyed the life of 15 million people.
2.The President did not see that the Reagan-Bush(43) politics will usher in a complete PLUTOCRACY and did nothing to prevent it.
http://www.commondreams.org/view/2011/07/24
http://www.counterpunch.org/breyman07222011.html
Barak Obama has the bully pulpit. Does he have the cajones, the courage to speak this truth to America? What happened to "yes we can"? How did it translate into "no we can't?"
Paul B - please have a heart-to-heart with Obama and light a fire under his tush - please.
Any other ideas?
ElliotH
Mr. Begala hits the nail right on the head in describing who has dragged the country down into the mud, Obama or the GOP?
One other thing- should the first government pay chccks stopped if there is a default be that of congress? ALL of them are failing in their duty to our country!!
Instead, they put an incorrect philosophy based on incorrect assumption and beliefs ahead of reality.
Let's remember that the first nation the Nazis attacked was their own.
This is a perfect opportunity to make the repugnants eat their words.
Anyone see a light at the end of this particular tunnel?
Paul Begala says "Banana Republics" but the Chicago School of Economics and Milton Freidman usually have had their sights set a little higher than that.
The Democratically elected and very successful economies of Chile, Argentina, Brazil and Uruguay were all overthrown by the U.S. to inflict the neocon economic philosophy of Milton Friedman which did exactly what the Republicans are now doing here. They destroyed labor unions, healthcare, pensions, public education, utilities, or industries, and brought a collapse of wages and the middle class. In these cases it was accomplished by violent overthrow of the elected governments.
Similar policies were carried out more stealthily after "Shocks" in Britain (Falklands war), Poland (Solidarity was hijacked), Soviet Union (Fall of Communism), and China (Tianamen Square.) Friedman advised all these countries and traveled to most to help enforce his destructive policies that enslaved the populations and promoted the plutocracies. 90% of China's "Princelings" are children of party leaders who were given public assets to create "capitalist" enterprises utilizing virtual slave labor. Same with Russia's abundance of Billionaires. Does any of this sound familiar?
The Republican and T Party has crippled our nation trying to save the rich and wealthy...and toss the poor. They very well may get their demonic wishes..but the rich and wealthy businesses will plummeted and be dismantled quickly.
The poor and working class kept the economic structure from collasping, the wealthy to increase. But woe, to the political babylon and their leaders, They will lose their riches and fall mighty hard for harming the nation's poor, senior citizens and working class people.
Republicans and T party people get ready for your own rewards. It's coming!!!
What goes around (good or evil) comes back around.
First of all, although there were years that showed a surplus, overall Clinton ran a deficit. Specifically he added $1.4 Trillion to the deficit, or 82% as much as Reagan.
Clinton had the good luck to govern after the fall of the Soviet Union, and before 9/11
He had the further good luck to come in just as one recession was ending, and left office just as another was beginning
He signed in significant deregulation which lead to economic growth, especially in the financial industry (Glass-Stegall and no CFTC regulation of derivatives).
Clinton cut taxes significantly as related to sale of housing.
And finally, Clinton was in office in the midst of the internet bubble
Paul Begala may well be correct in that American may yet become a third world country.
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