{"id":5377,"date":"2011-07-13T03:02:48","date_gmt":"2011-07-13T10:02:48","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=5377"},"modified":"2011-07-13T03:02:48","modified_gmt":"2011-07-13T10:02:48","slug":"welcome-to-republican-cave","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/07\/13\/welcome-to-republican-cave\/","title":{"rendered":"Welcome to Republican Cave"},"content":{"rendered":"

Since the beginning of the Republican Party\u2019s seditious efforts to blackmail America over the debt ceiling I have maintained that Republicans will cave-in, because the first and worst hurt by the debt crisis will be the banksters.  Yesterday, I suggested that Obama was bluffing<\/a>, to hasten that cave-in, because he knew that, no matter what he put on the table, Republicans would not violate the holy dogma of Pope Grover Norquist I.  I should have predicted it instead of suggesting it, because Republicans have embarked on a major spelunking expedition, in obedience to their owners on Wall Street.<\/font><\/p>\n

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\"13GOPCave\"Budget talks between President Barack Obama and his GOP rivals are at a frustrating standstill, leading a top Republican to launch a long-shot proposal to give Obama sweeping new powers to muscle through an increase in the government’s debt limit without the approval of a bitterly divided Congress<\/strong>.<\/p>\n

Lawmakers return to the White House for another negotiating session Wednesday. A two-hour session Tuesday produced no progress after a day of poisonous exchanges between Democrats and Republicans.<\/p>\n

Saying he didn’t see a path to an agreement so long as Democrats insist on revenue increases, Senate GOP leader Mitch McConnell of Kentucky offered a backup plan that would, in effect, guarantee Obama requests for new government borrowing authority unless Congress musters veto-proof majorities to deny him<\/strong>.<\/p>\n

McConnell’s plan immediately ran into stiff opposition among tea party conservatives and seemed unlikely to pass the House, but neither the White House nor House Speaker John Boehner, R-Ohio, dismissed it out of hand.<\/p>\n

"I think everybody agrees there needs to be a backup plan if we can’t come to an agreement," Boehner said in a Fox News Channel interview Tuesday afternoon. "And frankly, I think Mitch has done good work."<\/strong>\u2026 [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <AP\/Google<\/a>><\/p>\n

Lawrence O’Donnell has a great "I told you so" moment.<\/font><\/p>\n

<\/embed><\/object><\/font><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

Rachel Maddow explains how Obama is pulling this off and interviews Raul Grijalva.<\/font><\/p>\n

<\/embed><\/object><\/font><\/p>\n

Visit msnbc.com for breaking news<\/a>, world news<\/a>, and news about the economy<\/a><\/p>\n

I think this will be a win.  It appears that Obama will get to raise the debt limit without benefit cuts to Social Security, Medicare or Medicaid, and that was exactly his intention.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

Since the beginning of the Republican Party\u2019s seditious efforts to blackmail America over the debt ceiling I have maintained that Republicans will cave-in, because the first and worst hurt by the debt crisis will be the banksters.  Yesterday, I suggested that Obama was bluffing, to hasten that cave-in, because he knew that, no matter what […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5377","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=5377"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5377\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=5377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=5377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=5377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}