Monday, March 11, 2013

Will the Republi-CONs Just Admit Defeat By Decalring Victory?

"The single most important fact about the fiscal battles consuming Washington right now continues to be poorly understood. It’s this: Republicans are not going to get the serious entitlement cuts they say they want unless they agree to new revenues. . .

Here’s why this is key to the current battle. It leaves only two possible conclusions: Either the two sides reach a deal that combines serious entitlement cuts and new revenues via the closing of loopholes, or there is no deal and the sequester continues indefinitely. . .

If Republicans really want to tackle the deficit, they just have to accept Yes for an answer."

Read the Washington Post, The GOP’s easy route to victory in fiscal fight

Do as I Say (Not as I Do)

"A day after voicing opposition to expanding Medicaid in his inaugural speech of the 2013 session, Florida House Speaker Will Weatherford" was forced to admit that "Medicaid paid more than $100,000 in costs" in family medical bills.

Read The Miami Herald, Weatherford's dad was right: Medicaid paid the bills and the Pensacola News Journal, Florida Speaker's family had used Medicaid

Another example of Republi-conism. 

Read more here:

Obama's Failure to Fulfill Republi-CON Predictions

 He's failed to destroy the economy and country.

"Four years ago, as a newly elected president began his efforts to rescue the economy and strengthen the social safety net, conservative economic pundits — people who claimed to understand markets and know how to satisfy them — warned of imminent financial disaster. Stocks, they declared, would plunge, while interest rates would soar. . .

Sure enough, this week the Dow Jones industrial average has been hitting all-time highs, while the current yield on 10-year U.S. government bonds is roughly half what it was when The Journal published that screed. . .

So what the bad predictions tell us is that we are, in effect, dealing with priests who demand human sacrifices to appease their angry gods — but who actually have no insight whatsoever into what those gods actually want, and are simply projecting their own preferences onto the alleged mind of the market."

Read The New York Times, The Market Speaks.