Daniel Becker — Three guesses on where chaining the CPI came from

I would say the fix was in. It has just been a matter of time and timing as to when the final promise made in the Contract with America would find its way into policy. The Democrats implemented the welfare the Republicans wanted and now they are going to give them the Social Security. All of it can be summed up in the Contract ultimate goal: An amendment to the Constitution that would require a balanced budget unless sanctioned by a three-fifths vote in both houses of Congress...

What we have been living with Obama is very clear now. There is only the conservative ideology in play within our government. It's just a matter of degree and time in setting up the play as to when a given policy will be implemented to achieve another phase of the goal. Right now, it looks pretty much like the official implementation of chained CPI pretty much puts the final cog in the conservative economic machine of social order.

I asked in 2008 if Obama's appointment of Jason Furman was a qid pro quo for the DLC/Clinton et al keeping the money issues while Obama gets to be president. We have our answer for sure. There is no need to ask anymore as to the reasoning behind the policies and offers in negotiations that is Obama. It is what he wants. We are living the continual implementation of the conservative economic and thus social ideology that came in with Reagan and fully came out with Gingrich and The Contract with America.

And that my dear readers is where the idea for chaining the CPI came from; yesterday and today. 

PS:

It is not just the pain that will be experienced by all of us (you'll get old too) with the chained CPI, it is the fact that voting away from conservative economics has not lead us away from conservative economics since Reagan. Regardless of the party of the president or the majority of congress, the nation has not been able to achieve an ideological shift. That is a true signal of a problem with our form of democracy.

Angry Bear
Three guesses on where chaining the CPI came from
Daniel Becker

Luke Johnson — Newt warns GOP Housse not to play debt ceiling card

Former House Speaker Newt Gingrich (R-Ga.) warned House Republicans not to hold the debt ceiling for political leverage Friday, contradicting Republicans who have strongly hinted at their plans to do just that.

"They’ve got to find, in the House, a totally new strategy,” he said on MSNBC’s “Morning Joe.” “Everybody’s now talking about, ‘Oh, here comes the debt ceiling.’ I think that’s, frankly, a dead loser. Because in the end, you know it’s gonna happen. The whole national financial system is going to come in to Washington and on television, and say: ‘Oh my God, this will be a gigantic heart attack, the entire economy of the world will collapse. You guys will be held responsible.’ And they’ll cave."

The Huffington Post
Newt Gingrich: Debt Ceiling Is A 'Dead Loser'
Luke Johnson

And Obama is already setting the trap.

Newt's economic plan

Melange of ideas based on ideology with no coherent economic rationale.

Read it at Yahoo Finance

How the Economy Would Change Under Newt Gingrich

By Rick Newman | US News

• Keep income taxes low.
• Cut corporate taxes.
• Balance the federal budget.
• Repeal Obamacare.
• Lower Medicare spending.
• Reform Medicaid.
• Create a private Social Security option.
• Slash regulation.
• Rely on business for new jobs.
• Tap more domestic energy.
• Rein in the Federal Reserve.
• Lure more foreign visitors and workers.