Patty Murray says 'jump off the fiscal cliff'

[dogtowner]

act surprised

if the donkeys want the ensuing depression (with a "D" not an "R"), I say let them have it.

A leading Democratic senator has said her party should be willing to go off the fiscal cliff in order secure tax rises on the wealthy, raising the stakes in year-end budget negotiations.

“If the Republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we’ll start over next year,” said Patty Murray, who was co-chair of last year’s deficit supercommittee, on ABC’s This Week. “And whatever we do will be a tax cut for whatever package we put together. That may be the way to get past this.”

This brainiac seems to have forgotten she will hit the debt ceiling even before January.

if this wasn't real life it would be hilarious. as it sits, its just mindless. as one would expect from these folks.

 

[Cruella]

Maybe she'll change her mind when unemployment is up in the double digits, tax recipts are lower, and GDP is in the minus range......but I doubt it.

 

[Pandora]

Maybe she'll change her mind when unemployment is up in the double digits, tax recipts are lower, and GDP is in the minus range......but I doubt it.

Unless she buys into the Cloward–Piven strategy then its all perfectly fitting together.

 

[dogtowner]

Unless she buys into the Cloward–Piven strategy then its all perfectly fitting together.

bingo...

 

[Cruella]

This isn't encouraging. Looks like the fiscal cliff isn't the only thing to worry about


The Fiscal Cliff is a Mole Hill Compared TAG Program Expiry

When the unlimited insurance expires, corporations, businesses and depositors -- whose soon- to- be- uninsured deposits, which total some $1.4 trillion, are likely to flee smaller banks -- will rush into money market funds and seek the safety of short-term U.S. Treasuries.

This will create serious negative repercussions affecting our economic future.

 

[cashmcall]

We all know the saying," from each according to his ability, to each according to his needs."The United States has taken a mighty step towards turning this principle into practice. There are people over on one side who have all this income, and there are people on the other side who have all those needs. And while there is an overlap between the people with income and the people with needs – pretty well most of the reason for earning an income is to satisfy those needs – not all the people with needs have incomes, or at least not incomes high enough to suit them.
But every one of those people with needs but not enough income does have something else, a vote. So there is to be a new principle, call it the Obama Principle, which is a little like Marx’s original principle. Now we have: From each according to his ability, to each according to his vote. Majority rule, right? That “narrow horizon of bourgeois right” can now be crossed in its entirety. This “abundant co-operative flow of wealth”, which you didn't build anyway, has indeed come into existence.Irrespective of how it got here,If we don't do something, that wealth is Obama’s to distribute as he sees fit.

 

[dogtowner]

We all know the saying," from each according to his ability, to each according to his needs."The United States has taken a mighty step towards turning this principle into practice. There are people over on one side who have all this income, and there are people on the other side who have all those needs. And while there is an overlap between the people with income and the people with needs – pretty well most of the reason for earning an income is to satisfy those needs – not all the people with needs have incomes, or at least not incomes high enough to suit them.
But every one of those people with needs but not enough income does have something else, a vote. So there is to be a new principle, call it the Obama Principle, which is a little like Marx’s original principle. Now we have: From each according to his ability, to each according to his vote. Majority rule, right? That “narrow horizon of bourgeois right” can now be crossed in its entirety. This “abundant co-operative flow of wealth”, which you didn't build anyway, has indeed come into existence.Irrespective of how it got here,If we don't do something, that wealth is Obama’s to distribute as he sees fit.

how well has that concept worked out so far over time ?

you have to remember that while everyone has a vote, they also have feet that can carry them elsewhere. ask Switzerland, they're having trouble trying to deal with all the money thats walked there. but they're clever and are finding ways.

 

[cashmcall]

how well has that concept worked out so far over time ?

you have to remember that while everyone has a vote, they also have feet that can carry them elsewhere. ask Switzerland, they're having trouble trying to deal with all the money thats walked there. but they're clever and are finding ways.

A nice problem to have...

 

[dogtowner]

A nice problem to have...

the swiss are not complaining.

 

[GenSeneca]

Dems win big on the "fiscal cliff", automatic tax hikes, automatic spending cuts to everything but the welfare state, and the Republicans get all the blame for the disaster because they wouldn't fold like card tables to reach a compromise... It's a Leftist wet dream.

 

[dogtowner]

Dems win big on the "fiscal cliff", automatic tax hikes, automatic spending cuts to everything but the welfare state, and the Republicans get all the blame for the disaster because they wouldn't fold like card tables to reach a compromise... It's a Leftist wet dream.

right up until the depression sets in. not the kind of depression Zanax/Wellbutron/etc helps

 

[GenSeneca]

right up until the depression sets in.

You ended that sentence with a preposition...

Seriously, where's the downside for Dems? Depression means more people need government assistance, that equates to more people voting democrat to keep the gravy train flowing because those evil-heartless Republicans are the ones who want to kill the welfare state and leave people to die in the streets.

There's also all the new "emergency" spending that would come with a depression. Their Keynesian economic model calls for the dems to create massive slush funds that they can then use to shower their political cronies with tax payer money which comes right back to the DNC in the form of campaign donations. So...

Where's the downside for Dems?

 

[dogtowner]

You ended that sentence with a preposition...

Seriously, where's the downside for Dems? Depression means more people need government assistance, that equates to more people voting democrat to keep the gravy train flowing because those evil-heartless Republicans are the ones who want to kill the welfare state and leave people to die in the streets.

There's also all the new "emergency" spending that would come with a depression. Their Keynesian economic model calls for the dems to create massive slush funds that they can then use to shower their political cronies with tax payer money which comes right back to the DNC in the form of campaign donations. So...

Where's the downside for Dems?

preposition ? sue me....

the government already cannot fund the gravy train and they say we are not even in recession. call me crazy but when the "free stuff" dries up (not if ask any Great Depression era folks you know) you wake the sleeping dog.
do you think massive slush funds are even possible now ?those with the money are no longer so sure we're good for it. and they're right to do so.

 

[GenSeneca]

preposition ? sue me....

the government already cannot fund the gravy train and they say we are not even in recession. call me crazy but when the "free stuff" dries up (not if ask any Great Depression era folks you know) you wake the sleeping dog.
do you think massive slush funds are even possible now ?those with the money are no longer so sure we're good for it. and they're right to do so.

You're not thinking like a Democrat... Ignore reality and ignore history. Live in an insular world where every problem can be blamed on Republicans, a world where the proletariat ignores your own corruption and incompetence, and live in a world where you will always be seen as the super-hero's of government ready to ride to the rescue of the oppressed masses. No downside.

 

[dogtowner]

You're not thinking like a Democrat... Ignore reality and ignore history. Live in an insular world where every problem can be blamed on Republicans, a world where the proletariat ignores your own corruption and incompetence, and live in a world where you will always be seen as the super-hero's of government ready to ride to the rescue of the oppressed masses. No downside.

agreed that dem leadership sees no downside. dem supporters may support it at first but will come to regret it