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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (152016)12/11/2010 12:59:53 PM
From: Katelew  Respond to of 543149
 
In a way the back up of long term rates is good: it will force the politicians to face the long term deficit problem

Yes! My hope, too. My fantasy also is that the stock market will take an unexpected dive and cause some second thoughts.

Actually, I am convinced that many Republicans are very uneasy about how things are going down.....wondering what exactly did we just win. Oddly enough, it could be the TP folk who come to the rescue. As a group, they stand opposed to deficit spending, Wall St. bailouts, and many are willing to see military spending cut.

Even Sen. Coburn (R) from Oklahoma, went on the record a few weeks ago with an unequivocal statement that military spending could be cut by 20%. (I think that was the percentage number.) It was an article in an older Time magazine.