Peter Robinson · Jul 28, 2011 at 4:31pm

According to the news at this hour, Speaker Boehner has put off a vote on his proposal to lift the debt ceiling until later this evening, giving the leadership a few more hours to scrounge up the votes.  Which I devoutly hope the leadership can do.

Why?  In the words of The Economist:

The fact that Mr Boehner’s plan is too extreme for the Democrats in the Senate and too mild for many Republicans in the House shows how hard it will be to get any other scheme approved by both chambers.

  • Comment Filters
Contributor Comments
Member Comments
Comment Popularity

Comments :

Mel Foil
Joined
Jun '10
etoiledunord

It's bad enough that we can't stop spending money like Michael Moore at a pastry counter. We should at least be able to organize a one-car funeral procession on several months notice.

Peter Robinson
etoiledunord: It's bad enough that we can't stop spending money like Michael Moore at a pastry counter. We should at least be able to organize a one-car funeral procession on several months notice. · Jul 28 at 4:47pm

That's nicely stated, too.  

The King Prawn
Joined
Dec '10
The King Prawn

I'm still amazed at how much haggling is going on over whether to slow down two or three miles per hour on a train hurtling full speed toward the track stops.

Duane Oyen
Joined
May '10
Duane Oyen

Peter Robinson:

In the words of The Economist:

The fact that Mr Boehner’s plan is too extreme for the Democrats in the Senate and too mild for many Republicans in the House shows how hard it will be to get any other scheme approved by both chambers.

Exactly.

And if the world is ending tomorrow unless we shut all of American government down next week, forget it, gang.  It is too late, we are already doomed.  If that is what you really believe, you are like Al Gore cooling the planet by putting CFL bulbs in his garage.

What we need to do is make a little bit of progress with each event, even if that little bit is just to slow spending growth or help economic growth.  Whether we like it or not, we do not have what Obama had in 2009 and early 2010- an unstoppable majority. 

We can't dictate legislation, all we can do is persuade and influence.  And I am not giving up on this country.


Joined
Apr '11
Aloha Johnny

I, like most tea party supporters, believe we are on a path to fiscal ruin. But, as I often counsel my clients in my M&A practice, there is no perfect deal.   At some point, you have to say, this is the best we can do right now.  Sometimes, that is not good enough and you go back to the beginning and start the process again.  In the country right now, we do not have that choice.  I am afraid that 12 months from now, with a weak economy, but a strong president who can blame the economy on those crazy tea partiers, the Boehner deal will be looking real good in retrospect. Nothing significant can happen with a democratic president and senate.  Slowing the train is the best we can do.  Get a deal done with no tax increases and start spinning.  Hope we can get the senate and presidency and do something real.  


Would you like to comment on this Conversation?

Become a Member for $3.67 a month.

Join the Conversation
Already a member? Sign In
Loading
Welcome Visitor

Already a Member?
Please Sign In

Become a Member to enjoy the full benefits of Ricochet:

Join Ricochet today!

Already a Member? Sign In