Sunday, July 24, 2011

Republicans Hate America III

In Bid for Control of GOP, Tea Party Brings U.S. to Brink of Economic Calamity

The Tea Party doesn't care if it has to destroy the United States in order to grab the levers of GOP machinery.

For many, it's a head-scratcher. Don't those Republicans see the danger in their hardline stand against allowing the U.S. government to borrow the money it needs to continue operating? GOP members of Congress not only insist on tying any deal for raising of the debt ceiling to a deficit-reduction scheme, they are demanding that such a scheme not raise a dime of revenue -- not even from the wealthiest Americans, who are still basking in their Bush-era tax-cuts. On Friday, House Speaker John Boehner walked out of debt-limit talks with President Barack Obama, even after Obama offered the speaker a plan that would have made $650 billion in cuts to safety net programs such as Medicare, Medicaid and Social Security.

But, really, Boehner had no choice but to walk out -- if he wants to continue on as speaker, that is. The Obama deal, you see, included the elimination of certain tax breaks for the rich, and the closing of corporate tax loopholes, the president told reporters. And Boehner is on notice from the Tea Partiers within the ranks of the GOP that no means of increasing revenue is acceptable, not even for the easing of America's economic woes. Hot on Boehner's heels is the ambition of House Majority Leader Eric Cantor.

HERE