On Aug 2, 2011, at 12:26 PM, Julio Huato wrote:
This is forwarded by Michael Lebowitz. I haven't read it. So, this
is no endorsement.
"the president and Democrats were
successful in defeating Republican proposals to tie the whole country
up in chaos re-debating raising the debt ceiling continuously through
the 2012 election...The threat of economic catastrophe from a
default on U.S. debt and other
obligations was averted..."
If this stupidity is "brilliant" I'd hate to think what he regards as
"intelligent."
This is just lame, lying, CPUSA apologetics for Obamism.
There was never any possibility of a default and the idiotic "debt
ceiling" is a decrepit scarecrow.
As I wrote four days ago:
"Obama as president has all the legal authority necessary to avoid
default, and he knows it. At any point this year Obama could have
simply told the people, the congress, and the "markets": "The USA will
not default. I have all the constitutional and statutory authority
necessary to maintain the full faith and credit of the United States
and I will use that authority. There will be no default no matter what
the obstructionists in the House majority do or don't do. All the
governments bills will be paid. There will be no default."
So why didn't he say that? Isn't it obvious? His enforcer once said
"a crisis is a terrible thing to waste," and if Obama had no crisis
big enough to lay the ground for the Wall-Street austerity program he
(together with his GOP frenemies) wants to impose then he and they had
to invent one. Which is where we're at."
Shane Mage
"scientific discovery is basically recognition of obvious realities
that self-interest or ideology have kept everybody from paying
attention to"
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
