sbrettt
DP Veteran
- Joined
- Mar 5, 2013
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If history provides any guidance, though, continued brinksmanship could be destructive for U.S. stocks, and for global markets. With the U.S. dollar as the world’s reserve currency, and a big chunk of global reserves held in dollar-denominated bills, a default would most definitely send shockwaves through the world’s financial system. If the BPC is right, Obama, Boehner, and the rest of Washington only have a few weeks to back away from the edge of what could be the next financial cataclysm.
I would have voted for a third option, both. Economic results are of primary importance but knowing who wants to shut down gov to get their way is also important.
Any answer to your second point other than "both" is dishonest.
The economic effect is the immediate concern whereas knowing which party wants to use American citizens as pawns in their power play is a long term concern. It is obvious which party that is too. Reps have tried to reopen national parks etc but Dems won't let them. Where is the dishonesty in that?
So, what's more important? Is it this petty blame game of who shut down the Fed, or the economic effects it's having?
Obama And Boehner's Shutdown Is Destroying Investors' Confidence In The Market - Forbes
The dishonesty is assuming that only one party is using American citizens as pawns in their power play. Republicans are doing that with Obamacare. If you don't see that both sides are doing it, you are dishonest and present like a hack... as I said in my initial post. Not recognizing "both" is a great indicator for that descriptor.
The economic effect is the immediate concern whereas knowing which party wants to use American citizens as pawns in their power play is a long term concern. It is obvious which party that is too. Reps have tried to reopen national parks etc but Dems won't let them. Where is the dishonesty in that?
Reps new they would get the blame for a gov shutdown and after last time that was the very last thing they wanted. Dems on the other hand were drooling over the prospect and it is Dems that are trying to make the shut down hurt as much as possible so it is obvious who is using us as pawns.
It is said politics is the art of the possible. Both parties have been trudging their way to this situation ever since the election of 2010. Neither wants to cooperate with the other and both parties have a mindset of “MY WAY OR THE HIGHWAY.” I know this mentality plays great for those die hard Democrats and Republicans. But to govern, politics is a game of compromise, negotiations, give and take between the parties especially with divided government. Each side needs to give a little in order to get a little. This game continues until agreement is reached.
What we have had since 2010 is a House which continues to pass legislation and attach riders, amendments that it knows the Senate won’t pass. So in retaliation Senator Reid tables this legislation or bills without debate or a vote. So the House is peeved that no votes or debates are happening in the Senate and the Senate is peeved at being sent a bunch of bills in which they consider way out of line. The longer this continues, the more peeved each chamber gets at the other. One might even say each now hates the other. Both chambers feel the other is not interested in governing that they are only interested in advancing a political agenda. This sentiment is probably true, but it applies to both chambers.
As to the blame game, any honest person who follows politics knows Republicans will blame Democrats and Democrats will blame Republicans. But where does the independent, that person who does not affiliate or identify with either party fall or blame. Only CNN polled independents and independents only. After all they do at the moment make up 45% of the electorate. On the evening of the 8th of October here is their results. Independents and Independents only.
60% of Indies blamed the Republican Congressional Delegation
59% blamed the Democratic Congressional Delegation
58% blamed President Obama
Can one say a pox on both parties. Just as a reference point, back in 1996 the blame was fixed at 51% on the Republicans and 28% on the Democrats and President Clinton at the time. This time you do not have that huge gap. I think the reason why, especially among independents is they have seen the lack of cooperation between the major parties in an attempt to govern. Each party wants their own way, all of it. If they do not get their way, all 100%, they settle for zero, nothing and block the other party from getting anything they want or deem important.
If it was the last thing they wanted, they should have done ANYTHING to not allow it to occur. But they didn't. That's why what you said is absurd.
Both sides used their political agenda to allow this to happen. Both sides are to blame. Both sides are using us as pawns. This is obvious. Not seeing this is looking at it with blinders on.
The difference is Reps made an opening offer and asked for negotiations to begin, Dems are the ones that said my way or the highway and refused to talk.
By "ANYTHING" you mean give Dems whatever they want. I'm sure you would love that but Reps had to stand firm. We all hate war but sometimes you are forced into it, you can't give an opposing power ANYTHING they want to avoid war. Then again maybe you feel different about that.
There was nothing to "give" the Dems. The bottom line is this. Obamacare is LAW. The Reps don't like that so they are holding the US hostage because of their political agenda. The Dems, for their part, have decided to hold their breath and not discuss any financing issues around Obamacare. Both sides are idiots. It's a shame you can't see it, but it is also expected.
By "ANYTHING" you mean give Dems whatever they want. I'm sure you would love that but Reps had to stand firm. We all hate war but sometimes you are forced into it, you can't give an opposing power ANYTHING they want to avoid war. Then again maybe you feel different about that.
"Nothing to give" that says it all.:lol: Obama gave unions exemptions and big business an extra year. Dems could have offered us peons a years grace before the law became mandatory too but apparently they would rather use us as pawns. They also could have made their staff go on obamacare and even gone on it themselves, there was lots to give and the fact that you can't see that shows who has the partisan blinders on.
So, what's more important? Is it this petty blame game of who shut down the Fed, or the economic effects it's having?
Obama And Boehner's Shutdown Is Destroying Investors' Confidence In The Market - Forbes
No, as usual, your partisan blinders are glued to your face. You didn't read what I wrote and what I said about the financing issues of Obamacare and how the Dems won't even discuss it. This is, as I said, a dual issue. It's always nice to see how consistent you are, sawyer. I present both sides of the issue, and you only read ONE side of what I write and are incapable of seeing the entirety of the situation. This is defines your partisan blindness. I appreciate you exposing it for everyone so clearly.
Sometimes there is a right and a wrong, a black and a white and your attempting to get the blame squarely off dems by trying to basically use the standard lib line of "so what, everyone does it" is proof of your bias. Facts are facts and the fact is Reps want to negotiate while dems refuse to even talk so this is their shut down, they own it.
Black and white cases are rare and this isn't one. Those that try to reduce this situation to black or white do so because they are unable to see the blame that their side has. This is precisely what you are doing... and you are doing a great job of showing your partisanship. All you are doing is trying to avoid the fact that the Reps are holding the US hostage because they are still sobbing about losing with Obamacare... both legislatively and judicially. The Reps want to negotiate with something that they don't actually have. The Dems refuse to notice that what they have isn't completely workable and needs to be relooked at. Both sides have dug their heals in and have decided that it is more important to be stick it to the other guy than to care about the population. The fact that you cannot see this demonstrates that you are part of the problem... and with every post you make, you show this more and more strongly.
I'm talking facts while you spout opinion and once again the fact is Reps have offered to negotiate while Dems have picked up their ball and gone home. The only way you can possibly blame Reps is to say they should just do whatever Dems say and not risk a shut down. Libs like to say obamacare is settled law, get over it while at the same time doing everything they can to change our immigration policy which is also "settled law" so they deed to STFU on that line of BS.
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