Wednesday, October 16, 2013

It's over, finally

Yippee. It's over. Finally. We won't default on our debt and the government should be open for business by tomorrow morning.

And what was it all for? What did the Tea Party zealots get in return? As far as I can tell, "Obamacare" emerges intact and spending remains as it would've been if none of this occurred. It's pretty much status quo, business as usual. On the surface, the Tea Party got nothing, but in actuality what they got was unprecedented media attention, the likes of which is worth many millions of dollars. Through Sen. Cruz, they held the country hostage, shutting down the government and risking national default, all so that they could garner some free publicity. Like cheap, two-bit shysters. These are U-S-A patriots? This is country first??

So things get pushed off till February, when we undoubtedly will have to go through this crap all over again. Will this become the norm for how government will operate in the future? Every six months, we'll go through this nonsense to see if the government (and national parks, etc.) will remain open and the country won't default on its debt? If so, then rating agencies should lower our credit rating! Talk about third world!

Assuming this unfortunately becomes the norm, I recommend ignoring the media and following the stock market when it comes to gleaning the most likely outcome. During this past ordeal, the market held up well through it all, indicating much of it was idiotic showboating and correctly looking past the inane shenanigans. In general, investors collectively are not stupid. 

As for Republicans, they have only themselves to blame. Carve up a bunch of districts through gerrymandering to successfully elect a bunch of what would normally be unelectable candidates, i.e. lunatics -- you get what you deserve. Inmates are definitely running the asylum. 

The much greater tragedy is we as a country get screwed in the process. At least Reagan was shrewd enough to just pretend to care, to throw the nutballs some symbolic morsels they could chew on yet never letting them gain enough voice to wield actual power. Somewhere the former president is shaking his head, saying "You idiots!" (and, "Enough with renaming so many post offices after me!!").

1 comment:

MadSat said...

What's to say? The tea party can't even rationally discuss, well anything, they just go emo and flip out. The most common example is the entitlement discussion, they seriously do not and will not believe that anything they get from government is an "entitlement". You literally have to drag them to a computer and pull up news stories where top Republicans have discussed military retirement and pensions as "entitlements" to get them to believe it. And they'll forget all about it by the next day. Just emo kids in adult bodies, that's the tea party voters.