The GOP is deliberately trying to trigger a second major depression

[Mike 03]

It suddenly occurred to me, while watching republicans interrogate Tim Geithner this morning, that they WANT a second leg down to this depression, obviously to get President Obama out of office.

The key to economic recovery is confidence, and if the republicans shatter the confidence in China, India, Latin American nations, EU, etc, that we can pay interest on our debts, it will bring about a disaster, but those on the other side of the aisle WANT THIS.

It will be a disaster. This is a carnival, but it is life and death in the sense that we need to shirk this political theater aside and maintain our debt limit, pay out debts, and not permit these repuke maniacs to destroy our economy so that they can pin the blame on a president who really is trying to make a difference.

[Skidmore]

1. Yes, the Rs have been gaming this system for

more than a decade now. The NOPers were that for a reason.

[tabatha]

2. They are trying to drown the govt in a bathtub.

[leftstreet]

3. They're so ungrateful. Here Obama went and 'reached across the aisle'

and this is how they repay him

[Life Long Liberal]

4. I think it is in their best interest to have the economy look bad for the election.

[emulatorloo]

5. Yes. You are right. They have done everything to stop the recovery

They have blocked all significant legislation. They beleive this will bring them back into permanent power.

[PurityOfEssence]

6. Old saying: Republicans give us depressions, Democrats give us WARS. As Tevye says: "Tradition!"

Whether they want a resounding crash or not is another question, but they're certainly willing and helping to have the whole thing go obviously spiraling downward if that's what it takes to permanently secure power.

[Rex]

7. Sure, why not!? Their paymasters made out like bandits in the two

Great Taxpayer Giveaways (more like robbery to me) and since they know we don't actually practice regulated capitalism, will try for a third huge 'bailout' package after they tank the Stock Market. They can do so at will.

[999998th word]

8. They want to suck us dry.

[Rex]

16. They are like tapeworms; I hope they know that if the host dies

so do they.

[lumberjack_jeff]

9. No. What they want is long, protracted distress.

A crisis will radicalize people. Keeping them desperate is the goal.

They're walking a fine line between getting people used to a new normal of serfdom and putting them in tent cities in which the residents can look around and *SEE* what conservatism does.

I don't see any way out that doesn't involve literal pitchforks. People need to be radicalized. I don't see anything good coming from Obama prepping the government for a kinder gentler government shutdown. If Republicans shut it down, so be it.

[999998th word]

15. Agree

[DJ13]

10. Its not just the GOP, its conservatives in general

We have our share of conservatives in the Democratic party, and they were responsible for blocking meaningful reform since Bush assumed the Presidency.

[Marblehead]

11. GOP

Kinda treasonous if you ask me.

[lunatica]

12. I think they want to get rid of all social programs

Getting rid of Obama is secondary. If they can shut government down long enough so that when it reopens they can claim all welfare and social security is broken and no more funding will be going out, they've won big time.

Just a thought. They've been just doing things that are against the law and then claiming that once they're done, it's the law. That's how Bush was selected as President. So what if it was unConsitutional and illegal. He got squatters rights once his ass was in the Oval Office.

[Marblehead]

13. Rove said

once that they make their own reality and then we have to deal with it.

[ThomCat]

14. So is Wall Street, and the Administration isn't doing anything to

stop them.

No jobs bills,
no nationwide infrastructure repair bills,
no state subsidy bills,
no repairs to national safety nets that have been shredded and eliminated,

Just a focus on the republican framing of issues,
concentrating on cutting debt instead of cutting unemployment,
and concentrating on fixing programs that republicans claim are broken instead of defending those programs and proving that they are vital and healthy.

:(

[handmade34]

17. its macroeconomics... nothing new

"...The most influential application of these ideas to macroeconomic policy
is the "political business cycle" theory of Nordhaus (1975), which is based
upon three assumptions: 1) The policymakers are only "office motivated";
2) they can manipulate an exploitable Phillips curve; 3) voters are not
rational since they do not understand that they are systematically fooled by
the politicians. Thus, the policymakers overstimulate the economy before
elections and then reduce inflation with a recession at the beginning of the
new term of office. Voters reward the incumbent for the pre-electoral
expansion without learning from the past that a recession has to follow the
expansion..."

http://www.nber.org/chapters/c10951.pdf

knowledge is power and the more the voters understand the better for the country...

[pnwmom]

18. I think so, too. n/t