Wall Street Journal praises debt deal. "No wonder liberals are howling"

chaperonio

(14 posts) Send PM | Profile | Ignore

Mon Aug-01-11 09:18 AM
Original message

Wall Street Journal praises debt deal. "No wonder liberals are howling"

Editorial in Rupert Murdoch's Wall Street Journal in reaction to the recent debt deal:

"This is no small achievement considering that Republicans control neither the Senate nor the White House, and it underscores how much the GOP victory in November has reshaped the U.S. fiscal debate.

No wonder liberals are howling. They have come to believe in the upward spending ratchet, under which all spending increases are permanent. Not any more."

The paper goes on to call it a victory fo the Tea Party:

Tea partiers will do more for their cause by applauding this victory and working toward the next, rather than diminishing what they've accomplished because it didn't solve every fiscal problem in one impossible swoop.

Read the story in its entirety here: http://online.wsj.com/article/SB10001424053111903341404576480653492061150.html?mod=WSJ_Opinion_LEADTop

Printer Friendly | Permalink | | Top

Laura PourMeADrink

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 09:23 AM
Response to Original message

1. I guess it's official...We now own Bush's debt.nt

Printer Friendly | Permalink | | Top

Igel

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 12:09 PM
Response to Reply #1

11. We always owned *'s debt.

That's the import of the 14th Amendment, after all.

We also own Obama's debt. Again, the ol' 14th.

Printer Friendly | Permalink | | Top

still_one

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 09:24 AM
Response to Original message

2. The teabaggers and extreme right are not happy about it either /nt

Printer Friendly | Permalink | | Top

w4rma

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:13 AM
Response to Reply #2

5. They'll be quite happy with it once it's set into stone. (nt)

Printer Friendly | Permalink | | Top

still_one

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:30 AM
Response to Reply #5

7. I don't think so, unless the republicans appoint a significant number of them on this star chamber

Printer Friendly | Permalink | | Top

Ikonoklast

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 09:27 AM
Response to Original message

3. Putting on a bold face, and whistling past the graveyard.

Bet you Boehner, Cantor, and McConnell are saying something quite different in private.

Printer Friendly | Permalink | | Top

alcibiades_mystery

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 09:33 AM
Response to Original message

4. We'll see what they say when Tea Baggers vote for a tax increase in December

rather than see defense and pet projects cut.

Printer Friendly | Permalink | | Top

RBInMaine

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:18 AM
Response to Original message

6. And what did you expect from this Murdoch right wing piece of propaganda?

Printer Friendly | Permalink | | Top

CakeGrrl

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:31 AM
Response to Original message

8. Then why does Romney oppose it? -nt

Printer Friendly | Permalink | | Top

Armstead

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:41 AM
Response to Reply #8

9. Politics

Printer Friendly | Permalink | | Top

ClarkUSA

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 10:45 AM
Response to Original message

10. They're shit-stirring like they like to do. The Street doesn't want another market crash, however.

Edited on Mon Aug-01-11 10:51 AM by ClarkUSA

As if preserving Pell Grants and protecting SS and Medicare benefits from being cut aren't liberal policy victories for this President. :eyes:

The NYT had a front-page story on how Wall Streeters were panicking and calling on recalcitrant Republicans to compromise with the WH. I notice Rupert's rag doesn't mention that little fact.

Printer Friendly | Permalink | | Top

and-justice-for-all

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-01-11 12:14 PM
Response to Original message

12. The ceiling got raised and not cuts made to social services..

so why would the teahadist be pleased? It seems they did not get anything at all.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Mon Apr 29th 2024, 05:04 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.