Thursday, December 27, 2012

Democrats Hold Americans Hostage as They Drive Over Fiscal Cliff



Rahm Emanuel’s dictum, ‘never let a crisis go to waste,’ is playing out right before our eyes.  The Democratic Party’s number 2 man, Rep. Steny Hoyer, shamelessly used the Connecticut tragedy as a tool to increase our national debt:

"It's somewhat like taking your child hostage and saying to somebody else, 'I'm going to shoot my child if you don't do what I want done.' You don't want to shoot your child. There's no Republican leader that wants to default on our debt, that I've talked to," Hoyer said at a Capitol Hill press conference.
First of all, I’ve never heard of a hostage taker threaten to shoot his own child unless some third-party stops spending his money.  Maybe there has been.  I don’t know.  It doesn’t seem plausible to me.  But then again, we are in the age of Obama.


The Democrats recognize they’re in a win-win situation.  They know the majority of their voters are uninformed teat squawkers, and will exploit their stupidity as a means to expand the power of the federal government.  The Democrats are so cocky, they're willing to drive us over the so-called fiscal cliff, as reported by the Politico: 
In a letter released Wednesday, Geithner said the extraordinary measures by the Treasury Department will give the government about $200 billion of breathing room, which would typically give the nation about two more months until it faces default on its legal obligations.

But Geithner said because of the unresolved fiscal cliff, this situation was different.

“Given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures,” Geithner wrote.

In fact, with tax increases and mandatory spending cuts set to kick in as part of the fiscal cliff, Treasury may be able to hold off on hitting the debt limit for a longer period because the government would have more revenue and less spending.

Wow, it sounds like the writers at the Politico are cheerleaders for this Thelma and Louis scene.  And since we’re alluding to movie scenes, why is Treasury Secretary Timothy Geithner referring to the national debt as an extraordinary measure?  Does this mutation of fiscal responsibility have the superpowers of an X-Man?

 
Geithner indicated that if the year ends without a fix to the fiscal cliff, the extraordinary measures would last longer.

“If left unresolved, the expiring tax provisions and automatic spending cuts, as well as the attendant delays in filing of tax returns, would have the effect of adding some additional time to the duration of the extraordinary measures,” Geithner wrote.

I must say the Democrats are in a “League of Their Own.”

Source: http://www.politico.com/story/2012/12/treasury-tim-geithner-us-will-hit-debt-limit-new-years-eve-85508.html#ixzz2GJ8eYjTN


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