Monday, September 26, 2011

Why I Told The Republicans To***** Off

The Market Ticker
VERBATIM POST
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Some people have wondered why, after the "debt ceiling negotiation", I became quite hostile to the Republican party, going so far as to call those who voted for it traitors and the act of voting for passage itself bordering on treason.

This is why: The claim that we were going to get actual budget reductions was always a knowing lie, and now we have our evidence.

In an appearance yesterday on the “Fox News Sunday” program, Senator Lindsey Graham said he will introduce legislation to protect the Defense Department from automatic cuts that would take effect if the panel of 12 members deadlocks.

“I hope the supercommittee works,” said Graham of South Carolina. “But if it fails, let’s don’t destroy the Defense Department.” Senator Jon Kyl of Arizona, the second-ranking Senate Republican and a member of the supercommittee, also has said he would seek a waiver to protect the Pentagon from additional cuts.

Graham’s comments mark the start of what’s likely to be a bipartisan effort to dismantle the automatic spending cuts to defense and domestic programs scheduled to take effect in 2013 if Congress doesn’t enact a deficit-cutting plan, said Steve Bell, a senior director at the Bipartisan Policy Center in Washington and a former longtime Senate Budget Committee aide.

There you go. The entire thing was a scam from the outset, exactly as I said.

There was only one way we were going to see actual budget reductions: Refuse to raise the debt ceiling and force a balanced budget now.

Every House and Senate member who failed to do that is a lying sack of crap with regard to their true intentions.

The markets, and the ratings agencies, will react appropriately when the time comes.

I hope you, the American people, are prepared.

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