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View Diary: Geithner Draws line in sand: No Rate hikes for 2% = No Fiscal Deal. Also, SS off table! (**Video) (259 comments)

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  •  I'm confused about the automatic cuts (0+ / 0-)

    I thought part of the goal of trying to negotiate a deal was to avoid the automatic cuts.

    •  Yes (12+ / 0-)

      But Pres Obama know that that process will take a while. he has figured that it will take more than half next year to work through. Which is why he is proposing the Middle Class tax cuts as an immediate first step to prevent the deadline from kicking in on taxes for 98% Americans.

      As he said that is the part all of congress theoretically agrees on so why not do that FIRST. Boehner et al don't want to pass that bill cuz they think their Middle Class hostage to force dismantling New Deal + Great soeciety will slip out of their hands.

      It's also Pres. Obama's test to show Americans glarignly that GOP cannot be trusted on ANYTHING!

      "What the cynics fail to understand is that the ground has shifted beneath them." -- Pres. Obama (1/20/2009)

      by zizi on Sun Dec 02, 2012 at 08:34:30 AM PST

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    •  Some of the automatic cuts might be the only way (0+ / 0-)

      to address the gorilla in the room, the almost sacrosanct Department of Defense budget.

      We have left the shore far behind on reasonable defense spending. I personally am for a strong defense, but entirely too much of that budged has not a damn thing to do with "support the troops" or "strong defense." An awful lot is pork, pure pork. Some is scandalous; consider "Drone crashes mount at civilian airports" where we find:

      An inexperienced military contractor in shorts and a T-shirt, flying by remote control from a trailer at Seychelles International Airport, committed blunder after blunder in six minutes on April 4.

      He sent the unarmed MQ-9 Reaper drone off without permission from the control tower. A minute later, he yanked the wrong lever at his console, killing the engine without realizing why.

      As he tried to make an emergency landing, he forgot to put down the wheels. The $8.9 million aircraft belly-flopped on the runway, bounced and plunged into the tropical waters at the airport’s edge, according to a previously undisclosed Air Force accident investigation report.

      The story goes on to note that the contractor, Merlin RAMCo of Jacksonville, Florida, took over the Seychelles operation and the two operational drones quickly became "hobbled by problems."

      There is far, far too much of this sort of thing along with needless and poorly directed programs in that budget, yet mention serious review and slicing of waste and fat and you get "support the troops!" cries. Yeah, the very same "troops" that too often did not get what they actually needed as contractors protected by political influence got into the 2%.

      The only foes that threaten America are the enemies at home, and those are ignorance, superstition, and incompetence. [Elbert Hubbard]

      by pelagicray on Sun Dec 02, 2012 at 11:01:44 AM PST

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    •  Actually not necessarily (0+ / 0-)

      The deepest cuts are to the Defense department and that being the most sacred of cows is near impossible to reign in.

      By doing it automatically it creates a basis to make those cuts more lasting while restoring entitlements.  

      All in all, if the fiscal cliff happens, its better for democrats.

      --United Citizens defeated Citizens United...This time. --

      by chipoliwog on Sun Dec 02, 2012 at 11:28:37 AM PST

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