Full faith and credit and showdownarama 2013

[only_human]

Originally Posted by ewmayer

Reuters' take on the debt ceiling deal:

Re. Obama's "lurching from one crisis to the next" statement in the above piece, I'm afraid that is our fate, since neither the 2008 GFC nor the frightening trajectory of the national debt has led to any of the structural reforms direly needed to address the underlying "debt and excess leverage" issues common to both.

So ... reconvene here in 3 months?

Perhaps. For those who briefly thought that passing a budget might mean that bribing people to do their job is no longer necessary, well, the leverage of the debt ceiling is tempting and Blagojovich-ish opportunism (ala "I've got this thing and it's [bleep]n' golden, and, uh, uh, I'm just not giving it up for [bleep]n' noth­ing.") is still the modus operandi:
Paul Ryan Says GOP Wants Ransom For Another Debt Ceiling Hostage

WASHINGTON -- The GOP wants concessions from Democrats in exchange for not allowing the U.S. to default on its debts this spring, Rep. Paul Ryan (R-Wis.) said on Fox News Sunday.

"We as a caucus -- along with our Senate counterparts -- are going to meet and discuss what it is we’re going to want out of the debt limit," Ryan said. “We don’t want nothing out of this debt limit. We’re going to decide what it is we’re going to accomplish out of this debt limit fight.”

Ryan said the party will make up its mind on its list of demands at a coming retreat. "We’re going to meet in our retreats after the holidays and discuss exactly what it is we’re going to try to get for this," he said.

[cheesehead]

Originally Posted by only_human

Perhaps. For those who briefly thought that passing a budget might mean that bribing people to do their job is no longer necessary, well, the leverage of the debt ceiling is tempting and Blagojovich-ish opportunism (ala "I've got this thing and it's [bleep]n' golden, and, uh, uh, I'm just not giving it up for [bleep]n' noth­ing.") is still the modus operandi:
Paul Ryan Says GOP Wants Ransom For Another Debt Ceiling Hostage

If the GOP's tactic were something worthy, I might admire their persistence.

Instead, I hope they get shot down on this again and again and again until they learn not to use this unpatriotic tactic ...