"It is easy to confuse what is with what ought to be, especially when what is has worked out in your favor."
- Tyrion Lannister

"Lannister. Baratheon. Stark. Tyrell. They're all just spokes on a wheel. This one's on top, then that's ones on top and on and on it spins, crushing those on the ground. I'm not going to stop the wheel. I'm going to break the wheel."

- Daenerys Targaryen

"The Lord of Light wants his enemies burned. The Drowned God wants them drowned. Why are all the gods such vicious cunts? Where's the God of Tits and Wine?"

- Tyrion Lannister

"The common people pray for rain, healthy children, and a summer that never ends. It is no matter to them if the high lords play their game of thrones, so long as they are left in peace. They never are."

- Jorah Mormont

"These bad people are what I'm good at. Out talking them. Out thinking them."

- Tyrion Lannister

"What happened? I think fundamentals were trumped by mechanics and, to a lesser extent, by demographics."

- Michael Barone

"If you want to know what God thinks of money, just look at the people he gave it to."
- Dorothy Parker

Tuesday, October 15, 2013

debt ceiling clown show

Dems think they’re killing debt limit GOP extortion for good by Greg Sargent
The question about the deal is this: Given that the next debt limit deadline looms just after the date on which government funding runs out, doesn’t this just mean we’ll find ourselves in roughly the same situation in a few months, with Republicans demanding concessions in exchange for averting default and economic chaos?

Senate Democratic aides tell me they think the possibility that conservatives will insist on another round of debt limit brinksmanship is very real. But they think they’re on the verge of rendering any such threat an entirely empty one. The idea: Decoupling the debt limit from the budget talks, and placing the debt limit deadline further out, will effectively isolate the debt limit debate and make another default extortion crisis even harder politically. By refusing any meaningful concessions in exchange for a debt limit hike this time — and earlier this year – Dems will have finally killed the “Boehner Rule” (which demands spending cuts in exchange for any hike) and driven home that GOP debt ceiling extortion will never be rewarded again.

“Of course extending the debt limit for a longer period of time would be preferable, but under the circumstances, with Republicans trying to figure out a way to get out of this mess, the idea that the debt limit has been defanged as an extortion tool was enough,” a Senate Dem leadership aide tells me. “Conservatives will still try to bring this up and they still may end up damaging the economy, because it’s been so ingrained that this is a tool that should extract concessions. But it will be hard for anyone to take that claim seriously.” GOP leaders included, presumably.

I reported yesterday, Dem aides believe Republican tactics have delivered such a massive hit to the GOP that leaders will be even more wary of another default crisis once the 2014 elections are underway. As one aide told me, pressure from the right for another hostage standoff could divide Republicans — particularly if GOP leaders are even more eager to avoid a crisis – and put pressure on 2014 candidates to hew to extremism at an even worse political moment for the party.

No comments: