Like A House Afire

With all indications that the GOP will shut down the government on Monday, House Republicans are moving forward to the bigger debt ceiling battle.  They don't want much in order to spare the country from a second recession and possibly a major economic depression, just pretty much everything Republicans have tried to pass since the Obama administration started.

As the nation moves dangerously close to a government shutdown on Oct. 1, House leaders are shifting their focus to the next big fiscal fight: raising the nation’s $16.7 trillion borrowing limit by one year before Oct. 17. On Wednesday night, Republicanscirculated an outline of demands, threatening to push the nation into default unless President Obama and the Democrats in the Senate agree to enact a wish list of Republican priorities. 

Though Obama has repeatedly insisted that he would not negotiate over the must-pass legislation, leadership is hoping to satisfy conservative members by including every “major piece of the Republican agenda” save a “ban on late-term abortions — and some lawmakers who oppose abortion were arguing to add that,” the Washington Post reports.

It gets better.  They want:

• The Keystone XL pipeline.
• A neutered Consumer Financial Protection Bureau.
• $120 billion in Medicare cuts and premium hikes.
• To open up the entire US coast to offshore drilling.
• Eliminate EPA greenhouse gas regulations.
• Subject nearly all executive branch actions to a vote in Congress,
• and a one year delay on Obamacare.

This is their starting position.  See, it's reasonable because it's not a repeal of Obamacare, and there's no federal ban on abortion.  They came down from those demands.

Only one problem:  they don't have the votes to pass this.

In a closed-door meeting, the leaders outlined to their members a proposal that would demand a laundry list of Republican priorities in exchange for a yearlong suspension of the nation’s $16.7 trillion borrowing limit. The centerpiece of the plan is a one-year delay of President Obama’s signature healthcare law. 

But hours after the meeting, the party had yet to release the legislation formally, and conservatives complained that it lacked specific spending cuts and failed to tackle entitlement reform. 

“We still have some challenges,” said Rep. Tom Cole (Okla.), an ally of Speaker John Boehner (R-Ohio) and member of the GOP whip team. “We’ve got an awful lot of support, but clearly at this point we don’t have a final product that’s attracting the number that we need. Hopefully that’ll change, and I think it could.” 

Cole said leaders were still tinkering with the plan, which senior Republicans earlier had said would go to the House Rules Committee on Thursday.

The Tea Party apparently wants even more cuts, and they're not happy about the year delay at all.  They're not going to vote for anything short of full repeal.

So now, odds are not only good that the government will shut down on Monday night and stay shut down for the foreseeable future, the debt ceiling bomb will kick in on top of that, and the American economy will pretty much collapse overnight.

I predicted that the Titans of Wall Street would never allow this to happen.  It may very well be that they can't prevent this from happening either.  The GOP will destroy the country in order to hurt Obama.  That's all that matters to them now.  They will leave a country of ashes and millions suffering in their wake.  If they can't run the country as a Christian fundamentalist Dominionist theocracy, they will raze America to the ground.

Sobering, but becoming more and more true daily.