Daily news sites: rEpublican Have Heretofore Embrace Keynesian Deficit Spending to Excess| Find Breaking World News
Latest Updates
Tampilkan postingan dengan label rEpublican Have Heretofore Embrace Keynesian Deficit Spending to Excess. Tampilkan semua postingan
Tampilkan postingan dengan label rEpublican Have Heretofore Embrace Keynesian Deficit Spending to Excess. Tampilkan semua postingan

As the Melodrama Continues...

by: Les Carpenter
Rational Nation USA
Liberty
-vs- Tyranny



As the nation watches (as well as the world at large) the United States House, led by the rEpublican false conservatives have us serfs standing at the cliff's edge as we look into the abyss.

Perhaps, just maybe, the intransigent false conservatives are running out of time and their true motives are being recognized by the many who heretofore believed them. As more disgruntled past supporters turn their backs on the false conservatives maybe, just maybe they ought to look to history to find the ultimate result of their type of behavior and intransigence. Even a staunch Ayn Rand Objectivist has the ability to see beyond the present as he peers into the future. At least this one does. Echoes of our founding fathers are ringing in my ears as I write this.

Eric Cantor, the intelligent yet blind House Majority leader may very well, and soon find himself the object of ridicule. As difficult as it might be for some to accept the reality is he will have reaped the benefit of his intransigence.

A lifelong conservative/libertarian I have come to the realization that the party of Eisenhower/Goldwater/Reagan has morphed into something most rational and reasonable people now struggle, or even fail to recognize let alone understand. It is indeed unfortunate as the opposition party, the democrat progressives offer little of which one can be entirely hopeful of as well.

So hang on folks, the future ain't too hopeful or bright. All we can hope for is the smoothest ride down and hopefully a not to violent landing. The thing is, most of America won't even recognize, let alone understand they have been scammed. The Oligarchs however will be laughing and licking their chops all the way to the financial institutions and the seats of power they own lock, stock, and barrel.

BuzzFeed Politics - WASHINGTON — Less than 12 hours after Senate Minority Leader Mitch McConnell and Vice President Joe Biden marshaled a strong 89 votes for their fiscal cliff plan, the agreement appeared on the brink of unraveling at the hands of a House Republican revolt that includes Majority Leader Eric Cantor.

During a closed-door meeting of the GOP conference Tuesday afternoon, Cantor told his colleagues that he would not support the deal — despite the fact that he and Speaker John Boehner the night before had vowed to “consider” the bill.

Although his remarks were brief, they sent shock waves through his conference, which was already extremely skeptical of the agreement, and perhaps looking for a leader.

Conservative opposition to the agreement stems from a host of issues, including the fact that the deal does not include any spending cuts, would significantly add to the nation’s deficit and raises taxes on those making more than $400,000 a year.

And Cantor’s not alone in opposing the deal: the agreement is universally disliked within Republican circles, and even Democrats in the House and Senate have voiced complaints about the deal.

The lack of spending cuts in the Senate bill was a universal concern amongst members in today’s meeting," said Boehner spokesperson Brendan Buck. "Conversations with members will continue throughout the afternoon on the path forward.”

Rep. Steve LaTourette, a Boehner ally, said there were “two schools of thought” expressed in the meeting: To accept the deal and “live to fight another day,” or amend the measure and send it back to the Senate.

The latter option clearly enjoyed support from the majority of the conference.

“I think it’s moving in that direction," LaTourette said.

Still, Cantor’s decision to come out against the agreement was unexpected.{Continue Reading}

It is indeed puzzling that students of political science and history, including economic history have brought us to this point. What is most interesting is it has been the party that should have been the champion of Friedrich A. Hayek that has LED us to record deficits and an unsustainable national debt. Rather than acting like the fiscal conservatives they would have everyone believe they were in fact our nation's biggest spendthrifts. There has never been greater enthusiasts of Keynesian deficit spending economics than the modern rEpublican party.

And folks, that IS a Fact.

Via: Memeorandum