Grover Norquist throws Ted Cruz under the bus and proposes Plan B to save the GOP. when Grover throws in the towel, you know things are going down the tubes for the GOP.
The Raw Story
Ted Cruz’s strategy failed Republicans, but GOP still has leverage in the sequester
Grover Norquist, The Guardian
6 comments:
If Democrats allow themselves to be manipulated into a position in which the very far right Grover Norquist is allowed to set himself up as some kind of moderate mediator between the White House and the even further right crazy Ted Cruz, then they are even dumber than I thought.
Grover Norquist was promoting the idea of delaying the personal mandate on ACA for 1 year in exchange for raising the debt ceiling. Seems like a reasonable compromise to me. Unguided Cruz missile pretty much blew that option out of the water. That's why Norquist has criticized Cruz for leading GOP out into busy traffic and then wandering away.
Here is this dope:
"reducing some of the $64tn (in present value) of the unfunded liabilities in the future (SIC). That future overspending is not sustainable. It will have to be culled back someday."
What a marooni.... Or he is a death merchant... he is a disgrace either way...
Grover Norquist was promoting the idea of delaying the personal mandate on ACA for 1 year in exchange for raising the debt ceiling.
I don't think trading even one single Bazooka Joe comic for raising the debt ceiling is a good exchange. Failing to raise the debt ceiling is grossly irresponsible. Nobody should be rewarded for such behavior by earning goodies in trade. It is really important for Obama to draw the line once and for all and just say "no" to appeasement of the far right on the debt ceiling issue.
Dan - Aside from the $ trillion platinum coin, there are other alternatives to not raising the debt ceiling without cutting spending. Just wave a magic wand over the $2 trillion of Treasury debt held by the Fed from QE asset purchases and declare that it doesn't apply to the debt ceiling. Vola! Debt ceiling time bomb defused!
Old Immanuel Wallerstein wrote about this scenario long ago,although Cheney was the name of day then
Commentary No. 258, June 1, 2009
"Obama versus Cheney, Center versus Right" by Immanuel Wallerstein Distigushed Professor Yale University
http://www2.binghamton.edu/fbc/archive/258en.htm
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