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

To: Dale Baker who wrote (165918)	7/13/2011 10:46:59 AM
From: Bread Upon The Water	Read Replies (2) \| Respond to of 541638

I think it would be better for the country in the long run--to have a shocking market collapse in the short run. It would be a wakeup call for those politicians who do not think there are real world consequences to what they do and would get people focused on real world solutions. Keep in mind that after the Lehman collapse and a 700 point Dow plunge a deal (AIG bailout etc) was in place almost overnite.

To: Dale Baker who wrote (165918)	7/13/2011 12:27:18 PM
From: JohnM	Respond to of 541638

My guess is the Obama folk wring their hands about the lack of responsibility on the Rep side for not going for the big deal. Then, if their analysis looks as good as you argue it is and I've seen others argue, they'll try to help the Dems round up the votes for it. If McConnell put it forward, he obviously has most of the votes of his caucus. I can't imagine Reid won't have a majority of the Dem caucus. It's once again, then, the House. Pelosi and Hoyer should be able to get some indeterminate number of votes from their caucus. How many would depend on Boehner. Since McConnell's strategy may provide more than a little cover for Reps worried about primaries to their right, it might work. Still not clear just how specific Obama's proposed cuts would need to be and what, if any, enforcement mechanisms it might include.