A heavy ransom demand

Just another example of Democrats catching hell over the actions of Republicans: this item from CNN’s “Political Ticker” today:

New York (CNNMoney) – Federal workers have a message for the White House: Keep your hands off my retirement benefits. (LINK)

That’s right, blame the Democrats.

At a time when we are on the way to economic recovery, do you want to see ideologues bring this nation and the world to its economic knees?

The backstory on this facet of the debt ceiling debate is dead serious and should scare Democrats and Republicans alike. I take the liberty in the interest of informing DemWit’s readers to publish here, verbatim, the following Progress Report (LINK) from the Center for American Progress, dated 17 May 2011:

Debt Limit Blackmail

The United States officially hit its statutory debt limit yesterday (5/16/2011), preventing the government from borrowing any more money, as Republicans continue to demagogue the issue but refuse to act. Since a large portion of federal spending is borrowed money, the Treasury Department has been forced to take extraordinary measures to allow the government to continue meeting its obligations, including tapping into government employee pension funds to free up cash. These measures and others should keep cash flow adequate until approximatly August 2, but if lawmakers have still failed to raise the debt limit by then, the effect could be "catastrophic," as Treasury Secretary Timothy Geithner said yesterday in a letter to congressional leaders. In its 235-year history, the U.S. government has never defaulted, so the exact consequences are impossible to predict, but all experts agree that defaulting on our financial obligations would be disastrous for the global economy, shattering investors' confidence in the American government and economy while increasing the cost of borrowing and possibly shutting down the government.

Geithner has said defaulting on our obligations would almost certainly cause a double-dip recession, where a second dip could be worse than the Great Recession of 2008. Moreover, as Nobel Prize winning economist Paul Krugman noted, failing to raise the debt limit would "act as a terrible signal about the US political system," telling the world "we're a banana republic, with crazy extremists having so much blocking power that we can't get our house in order." Indeed, fueled by far-right tea party anti-debt dogma, Republican leaders have taken the debt ceiling -- and thus the entire global economy -- hostage, refusing to raise the ceiling unless they are allowed to enact their partisan agenda of radical spending cuts. Many conservative lawmakers have said they will not vote to raise the limit under any circumstance, while others have demanded extraordinary concessions.


Hate radio host Rush Limbaugh said yesterday that the debt limit is a "manufactured crisis," and in a way, he's right -- but not in the way he intended. The debt ceiling is an entirely arbitrary cap Congress sets on the amount of money the federal government can borrow. There is no real reason for having a statutory debt ceiling, which didn't exist until 1917. The amoung of debt the government takes on should be determined by budgetary needs, through the normal Congressional budgeting process, not some arbitrary redline that offers politicians a perennial issue on which to grandstand.

But even with some empty grandstanding, Congress has routinely raised the debt ceiling for decades, increasing the limit 100 times since 1940. Ths limit was raised seven times under President Bush, with hardly any real opposition from Republicans. "[I]t has been a regular, even routine matter. In fact, for many years, it was just rolled right into the budget process, and they didn't have a separate vote to raise the debt limit," NPR noted. But this year, Republicans have seen a convenient opportunity to score political points and advance their partisan agenda, even if it means risking the American and global economies. Republican leaders, including House Speaker John Boehner (R-OH) and Senate Minority Leader Mitch McConnell (R-KY) have made it clear they understand the consequences of not raising the debt limit and have said publicly that the limit must be raised.Yet, these same leaders have threatened to vote against any increase in the debt limit if their demands aren't met -- and their demands are huge: "We should be talking about cuts of trillions, not just billions," Boehner said. "This is a hostage situation ... blackmail," Krugman wrote. "In effect, they will have ripped up the Constitution and given control over America's government to a party that only controls one house of Congress, but claims to be willing to bring down the economy unless it gets what it wants." Indeed, for their demands to be effective, Republicans have to be willing to "shoot the hostage" and let the U.S. government hit the debt ceiling and default on its financial obligations.


Meanwhile, a growing number of Republican lawmakers, especially Tea Party freshmen, have tried to downplay the threat of hitting the debt limit or defaulting. "The case has not been made that this is an absolute necessity," Rep. Bill Huizenga (R-MI) said last week. "The debt ceiling really doesn't matter," the conservative blog Red State wrote recently. But these claims ignore a danger that even former President Reagan, the great conservative icon, recognized. Arguing for raising the ceiling in 1983, Reagan said, "the risks, the costs, the disruptions, and the incalculable damage" of not doing so demanded the ceiling be increased.

More reasonable conservatives today have come to the same conclusion. "Let me tell you what's involved if we don't lift the debt ceiling: financial collapse and calamity throughout the world," Sen. Lindsey Graham (R-SC) told CNN. Even Boehner warned of "financial disaster, not only for our country but for the worldwide economy." Rep. Frank Lucas (R-OK) said, "I won't throw the country into the street" by not raising the debt limit. Conservative Washington Post columnist George Will said it could be "suicidal" for Republicans (if they) actually block an increase in the debt ceiling.


Rep. Jim Jordan (R-OH), chairman of the important Republican Study Committee, suggested yesterday that hitting the debt limit could be a good thing. "Keeping the debt ceiling at its current level would force Congress to prioritize spending, but it would not force a default on our debt." Jordon's claim that U.S. would not default is based on the assumption that the government would be able to cover all of its expenses through tax revenue alone. Sen. Pat Toomey (R-PA) has made the same argument and even proposed a bill to implement this plan. But while they are technically correct, tax revenue contributes only around 60 percent of every dollar spent, so this plan would force the government to cut about 40 percent of its activities literally overnight to keep spending in line with revenues. Moreover, as Center for Amerian Progress (CAP) fellow Matt Yglesias points out, this approach doesn't actually prevent a default from occurring. Deputy Treasury Secretary Neil Wolin said much the same thing, calling Toomey's plan "unworkable." Others have appropriately dubbed Toomey's plan the "Pay China First" plan, because it would prioritize payments to our debtors, including China, over paying for critical services Americans rely on. "This wouldn't avert a potential global economic catastrophe, but it would make sure the United States wrote checks to foreign governments before anyone else," the Washington Monthly's Steve Benen wrote.


A more appropriate title for this post:

United States held hostage; Republicans: accept our radical agenda and/or we will bring this nation down.


A verse for our time

Ah, yet, when all is thought and said
The heart still overruales the head.
So, what we hope we must believe,
And what is given us receive,

Must still believe for still we hope
That in a world of larger scope
What here is faithfully begun
Will be completed, not undone.

My child, we still must think
When we that ampler life together see,
Some true results will yet appear
Of what we are, together, here.

- Arthu Hugh Clough, “Through a Glass Darkly,” 1849. (Clough rhymes with “rough.”)

This verse is oft believed to be a paean to love. Yes, love in the sense of compassion and social justice – in short, a call for self-examination and sanity. Its words ring true today.

Read the complete poem HERE.

Read about this English poet, who spent his childhood in Charleston, S.C., returned to England, then later spent time with Walt Whitman in Massachusetts HERE.


A day of sharing

It’s time to go through your pantry and kitchen cabinets (or make that special grocery run) and share your bounty with others.

The National Association of Letter Carriers and the United States Postal Service will hold its 19th annual nationwide food drive Saturday, May 14.

This is the largest single effort to replenish food banks across the country.

Place non-perishable food items in bags near your mailbox Saturday morning, and your mail carrier will pick them up for distribution in your area.

Throughout America, through local church pantries and volunteer food banks the needy will benefit - and so will you!


'Deathers' replace birthers

A madness is sweeping this country in the form of conspiracacy theorists on the right and the left. No sooner is one round of idiocy laid to rest than another starts. I am just sickened by the following article, in which poor Cindy Sheehan continues to exhibit that she's "gone off the deep end" and a Fox News host spouts the vilest of accusations against President Obama:

"'Deathers' take over where 'birthers' left off," Shannon Travis, CNN political producer, 5 May 2011: LINK


The truth is enough

You are going to see the following quote from George W. Bush (3/13/2002) recycled over the next few days:

"I don't know where bin Laden is. I have no idea and really don't care. It's not that important. It's not our priority."

This quote has been all over the World Wide Web for years. The only problem with it is it’s apparently a fake.

I have spent hours trying to find an official transcript or legitimate news source for this direct quote – to no avail.

I did find a Wikiquotes forum where “fake Bush quotes on Osama bin Laden” were discussed HERE.

But, Bush is on the record saying something very similar when it came to his concern about finding bin Laden, and you can hear him answer a press conference question from “Norah” (presumably Norah O’Donnell) at this YouTube SITE.

The truth is enough, though. Osama bin Laden might have been killed or captured and al Qaeda weakened sooner if Bush had not taken his eye off the ball and sent our troops to a country in no way responsible for the attacks on 9/11. (Amazingly, many Americans still believe Saddam Hussein was responsible for 9/11 despite Bush himself and the 9/11 Commission Report denying any connection.)

Finally, in searching for a source of the quote at the beginning of this post, I ran across a very interesting post on thepresidentialcandidates. I had never heard of this Web site, but the author makes a strong argument that, unlike George W. Bush, Hillary Clinton and John McCain, Barack Obama contended all along that getting OBL was a top priority. There is sufficient documentation – including sources, cited quotes and videos – to prove the author’s assertion, and it’s worth a read.

Osama bin Laden is a done deal. I recall the video after 9/11 with bin Laden joking and laughing with his cronies about the twin towers coming down. There is one less truly evil person in the world today. To quote him: “Allah be praised.”


Listen up, folks, ‘cause I worked my buns off on this one.

This post is pegged on the opening quote attributed to George W. Bush.

A DemWit reader emailed that MSNBC’s Lawrence O’Donnell said the elements of the quote can be found at various locations in the transcript of Bush’s press conference on March 13, 2002. Well, Mr. O'Donnell is wrong.

A direct quote set between quotation marks cannot be altered. The editor can add the word “sic” in parentheses within the quote to show an error is that of the person quoted and not the editor.

So, essentially, the quote is a fake.

I finally located the transcript of Bush’s March 13, 2002, press conference and, for the convenience of readers, pieced its 15 screen together and placed it in THE READING ROOM. What Bush said about Osama bin Laden can be found on pages 6 and 7.

So, let’s break the quote down:

I don't know where bin Laden is. (Bush said this.)

I have no idea and really don't care. (Bush did not say this.)

It's not that important. It's not our priority. (Bush did not say this, but in the context of his statements, it is most assuredly implied.)

So, some soul decided to author this quote, attribut it to Bush and float it around the Web for years. It has been used, without citation, on Daily Kos, The Huffington Post, Yahoo News and thousands of sites.


I do not regret the time and work put into this or going through this transcript for knowing what we know now -  and what some of us knew even then – it is a treasure trove of hindsight.

Remember, this is just six months after 9/11, and already Bush is marginalizing Osama bin Laden and making his case for war with Iraq, for Iraq, in Iraq - who knows? There’s a lot to be found in this transcript – Afghanistan, Iraq, weapons of mass destruction, the debt ceiling and so much more.

And, it also begs the question of how this goofball ever got re-elected. (I’m sorry, I don’t like name-calling, but I can think of no better word to use at the moment.)

DemWit readers – and particularly Republican readers - would be well enlightened by stepping back into 2002 and reading this TRANSCRIPT. For the most part, the reporters’ questions and Bush’s answers will astound you! And, don’t even think this is old stuff, because it has directly affected where this country is today. Thanks, BJ