Sunday, December 2, 2012

Debt Reckoning: The Fiscal Deadline in Washington

http://www.nytimes.com/interactive/us/politics/debt-reckoning.html?ref=politics#sha=e332e8c76


republicans coined phrase "fiscal cliff"
intimating a endless drop and it's coming 1-1-13 12:01 am, another scare tactic.
If Washington fails to reach a tax and spending deal by Jan. 1, paychecks will shrink as rates rise. But defense contractors will keep working. Parks and monuments will remain open. Financial markets will either slump or not.  
  • America’s fiscal condition will be altered without a deal between President Obama and the Republicans in Congress. But not radically so, and in many cases not immediately.
  • This budget stalemate is unlike the many previous ones that threatened to cause a government shutdown. Agencies are not facing the immediate loss of authority to spend money. The danger of defaulting on the nation’s financial obligations is not at great as it was during the 2011 impasse over raising the nation’s borrowing limit. And some of the tax and spending changes would not be felt for months.
  •   
  • Democrats are betting that if Washington wakes up without a tax and spending deal on New Year’s Day, the country will heap blame on Congressional Republicans. In recent polls, more people said that it would be the fault of Republicans if a deal could not be reached.

  • Democrats in the House will seek to make that point again this week by trying to force Republicans to vote on a bill to extend tax cuts for the middle class but not the wealthy.

  • why should congress have to be forced to do what they are being payed for?

there is no longer an oath of office for congress interested in why?At the start of each new Congress, the entire House of Representatives and one-third of the Senate are sworn into office. This oath-taking dates to 1789, the first Congress; however, the current oath was fashioned in the 1860s, by Civil War-era members of Congress.http://uspolitics.about.com/od/usgovernment/a/oaths_of_office_4.htm                                        

so basically they can do what they did lie to you about loyalty and then swear pledges and oaths to other interest not of "we the people".
The first Congress developed this requirement into a simple, 14-word oath:

"I do solemnly swear (or affirm) that I will support the Constitution of the United States."
they disrespect the constitution now what good is that vague with out specificity constitution changes i understand that and the frailness of this oath but really it needs work. because they don't voter suppression??