A second national poll released after the tea party threatened to force the United States into default during the debt-ceiling negotiations finds voters holding an unfavorable view of the GOP tea party in particular. The tea party’s favorability declined from six percentage points, from 37 percent in July to 31 percent now On Aug. 5, [...]
In explaining why it was lowering the U.S. credit rating late on Friday, Standard & Poor’s singled out tea party obstructionism on the economy: “The political brinkmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective and less predictable than what we previously believed,” said S&P, one [...]
I think some of our members may have thought the default issue was a hostage you might take a chance at shooting. Most of us didn’t think that. What we did learn is this — it’s a hostage that’s worth ransoming. And it focuses the Congress on something that must be done.
- Senate Minority Leader Mitch McConnell
Visit msnbc.com for breaking news, world news, and news about the economy
Like you, I’m sick to death of the debt ceiling crisis, but before we move on, there was one moment in the debate in the media that requires attention. On MSNBC’s “Hardball” Monday, Matt Kibbe, a longtime Republican Party operative who is the president of Freedomworks, the Koch brothers-funded tea party astroturf group, confirmed to Chris Matthews that members of the tea party in Congress are not there to negotiate — in other words, to govern. They are not there, he says, “to cut deals,” which means, by default, they are there to use the politics of extortion to impose their will on the American people. Where is that in the Constitution?
As has been noted here before, one of the tea partyists’ sacred campaign pledges — along with not raising taxes or voting for debt ceiling increases — was that they would “fight efforts to use a national crisis for political gain.” But that was 2010. In 2011, they broke that pledge — big time — [...]
On ABC’s “This Week” yesterday, Nobel Prize winner economist Paul Krugman predicted higher unemployment as result of the deal tea baggers in the House extorted from Pres. Obama over the weekend: Partial Transcript:
By manufacturing the crisis over the extension of the debt ceiling for their own political gain, tea bagger Republicans not only broke one of their many sacred campaign pledges to voters last year, they also managed to regress American politics farther than ever from their constitutional ideals by ushering in a new era of what [...]
Give ‘em hell, Madame Speaker: “Let me repeat. And I repeat, he chose to go to the dark side by putting forth a bill that he himself told his Members [it] would sink in the Senate—and I add, lead to default, lead to default.”- Speaker Nancy Pelosi House Minority Leader Nancy Pelosi (D-Calif.) accused Speaker [...]







