Debt Limit: Child Play
Unlike children, our politicians are not paid to play games, but, to manage our nation's affairs, responsibly. The greatest hypocrisy lies with the Republicans, however, at many levels. Republicans have for decades chided those who are irresponsible about their debt obligations. And yet, here Republicans are, threatening to refuse to pay our nation's obligations which they already contracted and borrowed for.
At the heart of this issue is the Tea Party whose purist attitude on our national debt reflects the height of childishness and ignorance. The Tea Party is holding House Majority Leader Boehner directly responsible for our government failing to live up to its contractual agreements. If Boehner concedes and allows the debt ceiling to be raised for any reason at all, the Tea Party is positioned to have Boehner removed as House Majority Leader.
The ignorance of the Tea Party leadership is enormous. On the one hand they cite fiscal responsibility and the hope of a healthy economy as their reason for refusing to allow the debt ceiling to be raised to honor our government's lawful obligations. On the other hand, there is absolutely no doubt whatsoever, that if the debt ceiling is not raised for any protracted period, our economy will fall back into Recession (which it is not now in), interest rates will climb as America's credit worthiness rating is lowered, and millions of Americans will be pushed out of the consumer markets, causing businesses to fail, profits to fall, and social upheaval and unrest to begin.
The Tea Party's stand on this issue is akin to the Rev. James Jones nightmare when Jones led his flock to Guayana for a mass suicide on his false belief that the End Time was at hand. Just today, a leader of the Tea Party stated on TV that he did not believe raising the debt ceiling was an obligation for contract and debt already incurred. This is a patently false belief. The bottom line is, the voters having given power to people whose beliefs are false, and the whole nation and world economy is being put at immediate risk as a result.
There is absolutely no logical connection between America honoring its contractual obligations already incurred, and the pursuit of improved fiscal management and debt and deficit reduction going forward. America is not in a recession, our economy is growing, and has been for quite some time now, though, at a subdued rate. We can address the debt and deficit coming crisis without defaulting on our past obligations. And we should if we are to be a responsible and rational people.
Failure to honor our obligations will in fact, become a self-fulfilling prophecy for the Tea Party. This kind of tautology is insane. A person walks up to you and says, something bad is going to happen to me in 1 minute, I just know it. They then pull out a gun and shoot themselves in the head, and lie dying with their last words spoken, "See, I told you so". This is an entirely accurate metaphor. The Tea Party believes the debt is going to ruin our nation, and they are prepared to ruin our nation to prove their point. It will be all Americans and potentially the world's population, however, that will be harmed by the Tea Party's action.
I have to confess, that for the first time, I now think it is entirely possible that Republicans will go through with this suicide pact of the Tea Party. The GOP is suffering from the delusion that America is behind their actions, despite all empirical evidence to the contrary, based on the support of the Tea Party, a mere fraction of the U.S. population. They have so insulated themselves from the real and objective world of fact and evidence, that too many now truly believe their actions of destruction will be vindicated after the worst case befalls us all.
Ironically, those in the GOP who know their actions have already lost them the elections in 2012, now act as if they have nothing to lose, and find themselves acting in concert with their deluded Tea Party comrades, nonetheless. Rep.'s John Boehner and Paul Ryan are examples of those who know they have lost public opinion and 2012 hopes of holding on to the House Majority or gaining a majority in the Senate, as well as having lost hope of the presidency.
They literally have nothing to lose except their positions at the hands of the Tea Party voters. And so, they are acting in concert with the destructive Tea Party for nothing more than holding on to their current positions in government. This kind of politics is something our nation's founders could not possibly have predicted in drafting our Constitution, and hence, their are no Constitutional checks and balances to defend against such insanity that can surely destroy America's future.
All logic and reason dictates that our government honor its obligations first and foremost, and then proceed to measures to dramatically improve our debt and deficit debacle going forward. Such logic and reason however, has been abandoned by the Republican Party, even those who know better, out of a perverse sense of political self-preservation at the hands of the Tea Party voters.
The Communist Party has never posed a threat as great to our nation's future as the Tea Party now poses to the futures of all Americans. And yet, we have constructed a political system that appears to lack any resources to stop this Tea Party from ruining opportunity for all Americans, as a response to their awareness that Tea Party's ideology has been rejected by the majority of the voting public.
The Tea Party wants to end Medicare and Social Security, replacing them with private sector for profit opportunities for themselves. The Tea Party wants our economy to collapse in the belief that reconstruction of the tax, budgetary and fiscal policies will favor their belief that the smallest of taxes and government will ultimately create increased opportunity for their children in a Darwinian world without regulation and oversight of unethical and immoral competitive acts in the for-profit arena. This is the ideology that underwrites the Tea Party leadership and supporters, and if they can't have that future, they intend to destroy it for all.
I respect the rights of the Tea Party to dissent, protest, and lobby their representatives. That is American as apple pie, and one of the great strengths of our system and society. What is taking place today regarding the debt ceiling however, crosses the line when the objectives are to undermine the nation's economy, diminish opportunity for all, and destroy the credit rating of the United States to serve the Tea Party's belief that they should not be held responsible for taxes which their government representing the all the people passed into law.
The Tea Party's patriotic and sane approach should be to lobby for tax reform and balanced budgets. But, to take direct aim at the full faith and credit of the United States to honor its contractual obligations, represents an effort to destroy America, if this minority doesn't get what they want. Al-Queda';s attack on the World Trade Center towers was an attack upon America's icons as the financial center of the world. How are the Tea Party's objectives different from terrorists who seek ways to hack into and undermine the computerized financial system of America? I can find none.
Where is the media in exposing this threat to America? Why are so many Democrats and Obama still working to appease these horsemen of the apocalypse? Where are the demands for political reforms that would end this two party intransigence that is now incapable of managing cooperative management of our nation's future?
At the heart of fiscal responsibility is the commitment to honor one's contracted obligations. There is nothing fiscally responsible about the actions of the Tea Party or the Republican Party where this raising of the debt ceiling issue is concerned. Their actions lack integrity, logic, reason, and sanity. And if you quietly stand by while this going on, you are complicit in fostering such insanity upon your own future and that of your family. It's a heavy responsibility we all now face. Americans don't appear to be willing to shoulder it. I truly hope I am wrong. Please do your part to prove it so.