Archive for the 'debt ceiling' Category

Rocky 2

Friday, August 5th, 2011 by Ted Rall

Rocky 2

Obama caves into the Republicans on the debt ceiling deal. Now his partisans are trying to claim the defeat isn’t total.


This Week’s Cartoon: “Deficit Memories”

Wednesday, August 3rd, 2011 by Jen Sorensen

I realize I say this a lot, but I’m more frightened by the state of the nation than ever before. American politics have always been brutish and ugly, but the bottom has completely fallen out. Republican extremists are running the country like a James Bond villain threatening nuclear war if he doesn’t get his ransom, but there’s no 007 to save the day. Obama throws up his hands. Beltway pundits blame “Washington.” The hypocritcal lack of concern about deficits under Bush goes unmentioned.

This is not politics-as-usual. As Joe Nocera described it in the NYT: “Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.” And now they’re onto the FAA. I don’t see how this situation gets any better.

This Week’s Cartoon: “The Latest Debt Ceiling Demands”

Thursday, July 28th, 2011 by Jen Sorensen

Debt Ceiling cartoonUgh, what more can I say. This whole thing reminds me more and more of Naomi Klein’s Shock Doctrine every day. Manufacture a crisis, use the ensuing sense of panic to impose draconian cuts to programs people desperately need, and voila! Utopia at last. Never mind that Reagan raised the debt ceiling 18 times, and Dubya 7, or that Clinton balanced the budget, or that the vast bulk of our current deficit was formed under Bush. The hypocrisy is simply astounding.

The m&m’s in the first panel are, of course, a reference to Van Halen’s infamous contract rider stipulating that the brown ones be removed. David Lee Roth has explained that the point was not to be a prima donna, but to test to see if stage crews had read the contract carefully. I love this quote:

I came backstage. I found some brown M&M’s, I went into full Shakespearean ‘What is this before me?”… you know, with the skull in one hand… and promptly trashed the dressing room. Dumped the buffet, kicked a hole in the door, twelve thousand dollars’ worth of fun.”

I decided to make the m&m’s that Republicans object to the green ones, since, you know, they hate anything green.

Debtmageddon

Friday, July 22nd, 2011 by Ted Rall

Debtmageddon

If Democrats and Republicans don’t make a deal to raise the debt ceiling, our whole way of life could come to an end!


This week’s cartoon: “Post-Debt Ceiling Ultimatums”

Wednesday, July 13th, 2011 by Jen Sorensen

In the midst of all the hand-wringing over deficits, it seems no one is bringing up the simple fact that the deficit will disappear if Congress does NOTHING. The entire debate is a crock of simmering crap, a thinly-veiled excuse for Republicans who don’t give a damn about deficits to gut social programs. It’s straight out of the GOP playbook. Run up massive deficits to starve the beast (see: Reagan, Bush Jr.), then squawk bloody murder when a Democrat is in charge, pinning the blame on them and forcing the Dem to clean up the mess (see: Clinton, Obama, Mark Warner as governor of Virginia). And no matter how irresponsible the Republicans are, or how cautious Dems are budget-wise, the grand narrative never changes. Dems are always characterized as big spenders, Repubs as pillars of fiscal probity. And when Dems point to loopholes like the private jet tax break, the Republicans’ talking point is: “That’s small potatoes. It would hardly make a dent in the deficit.” Well, if it’s no big deal, then why threaten to blow up the whole economy over it? And if minor expenses don’t matter, why threaten to defund NPR over piddling chump change?  These people are unserious frauds concerned only with dismantling the New Deal, and the media should treat them as such. Anyone — and any cartoonist — who takes these self-proclaimed “deficit hawks” at face value (especially that smug, dead-eyed, know-nothing doucheswizzle Paul Ryan) is doing a gross disservice to the public and to democracy itself.