US gubmint shutdown + default + subprime sequel?

[a completely inoffensive name]

Let's take a step back shall we? Boehner's plan roughly cuts $900bn over the course of ten years for an equivalent, but immediate increase in the debt ceiling. Do you realize that if all those cuts were made immediately, -this year- we would still be running a deficit for the year? So, at best case, he's talking about trimming a 10th of our current annual deficit. Do you also realize that the "down the road" cuts are non-binding because the current Congress can't pass legislation that ties the hands of subsequent ones.

So basically, what you have is $22bn of cuts in the 2012 budget, in return for a $900bn increase in the debt ceiling. Obama and Reid have called that "dead on arrival". You call him "antiamerican" for proposing it. Who's being unreasonable and unwilling to compromise? When it comes to cutting the deficit, Boehner's plan barely even registers yet the Democrats would have you think they want to throw grandma off a cliff.

The Republicans are still being the unreasonable ones. Obama and the Democrats are justified in calling it dead on arrival. Here is the problem. Boehner's plan would have the debt ceiling only extended for the equivalent of a few months. It will become an issue again just in time for the 2012 election. Obama wants a plan that will at least extend the debt ceiling past the 2012 election so that this issue does not become a campaign issue and so a longer term plan can be implemented.

Moody's has been saying that neither the Republican plan nor Reid's own plan would stop Moody's from going ahead with a credit downgrade for the US because they are not comprehensive enough.

The youtube video you linked to seems to be about Paul Ryan's plan, not the current plan proposed by Republicans, so I don't see how that is relevant to the statement you imbedded it in.

Obama's plan had 1.6 trillion dollars in cuts. 700 billion more than Boehner's plan, and in return he wanted to close loopholes. Not increase taxes, but close loopholes. This is a solid, very long term and much more important conservative plan since the revenues would only amount to 1.2 trillion. Tea Party said no because it was Obama plain and simple. They won't work with Obama and they have made it their mission statement to make a blanket opposition to everything he does and says. Again, this is not how the government was envisioned to work. The minority power is to force a compromise that will make sure that the will of the minority is not trampled upon. The will of the minority is not being trampled upon because obama gave 1 trillion in discretionary cuts and 680 billion in cuts to social programs, the programs that conservatives want cut the most. To continue to refuse, reject and hold the economic standing as a hostage is anti-american because it goes against what the system was designed for.

The Boehner plan is simply political fodder that they know is not meant to be legitimate. The goal of the plan is to have it pass the house, let the democrats kill it and give themselves the ability to say, "we tried" to their constituents and the country. Even then, the Tea Party was giving them hell because they didn't want any sort of plan passed because they want the default to come to force massive cuts to fulfill their ideological purity.

What they could have done is have Boehner and Reid both pass their plans, then go about with the process of "reconciliation" to work out the details and merge the two bills. But they didn't, after the Boehner bill barely passed by 8 votes, they went and immediately killed the Reid plan to egg him on to kill Boehner's plan in the Senate.

This has been the plan and it shows how much of a joke the Republican's have been "trying".

1. Obama gives plan.
2. Boehner walks out and flat out rejects it.
3. Boehner comes up with his own plan that he knows is not good enough for the health of the country because Moody's and other credit rating agencies says it isn't good enough.
4. Boehner says he wants his plan done or the US will default.
5. Boehner gets his plan passed in the one place he knows he can get it passed.
6. Boehner then provokes the Democrats into killing his bill.
7. Republicans ride the frustration of the default to power by saying they were the only ones with a plan.

The Republicans are playing politics pure and simple and they are acting as the victims when it is clear they are the aggressors.

If Obama and the Democrats were being the unreasonable ones here, why did the Republicans kill the Reid's plan instead of trying to merge it into a bipartisan plan. Why did the Republicans have to postpone Boehner's plan until today even though they have a 240 person majority in the house? They could have passed their own plan 3 weeks ago but they didn't.

The writing is on the wall.