[quote]SteelyD wrote:
[quote]Mufasa wrote:
[quote]pat wrote:
This went exactly like I thought it would go. So none of it is a surprise to me. If you step back and look at from a far, it’s actually how politics should work. Nobody got exactly what they wanted, everybody compromised and reached a deal.
The democrats control the senate and the executive, they were going to get things they wanted, period. But the republican controlled house prevented it from being a model reversal to bubble-up economics in a time where such a shift would absolutely traumatize the economy.
In the end it’s not great, but it better than it could have been. And now that it’s over, I can proceed in some investing with out the looming panic that ensues from an impending disaster.
Anybody who dug in their heals on the basis of principle at a time like this is a fool. Averting this cliff was more important than principle. In the end, the system worked…Kudos to our forefathers for their foresight.[/quote]
Great post, Pat.
It’s DAMN frustrating at times…but this is the way things were meant to work.
Mufasa
[/quote]
I quite disagree with Pat here.
This ‘crisis’ is the result of laziness and lack of accountability. There was no reason this had to be hashed out at the last minute. Literally.
As details of how this went down continue to emerge, it smells even worse. Some hundred pages of legislation, loaded with pork no less, delivered unread, literally minutes before the vote.
That is NOT how the Founding Fathers intended legislation to be enacted. They actually used “thought”. We have elected representatives literally and directly affecting our lives voting on things they have not read.
The fact that they slightly mitigated some things is irrelevant in my mind. There is this thing called “entropy” that must be dealt with sooner or later.
All this did was administer some morpine and place a band-aid on a scratch on the forehead while the severed limbs continue to bleed out. They slightly prolonged a painful excrutiating death.
Sorry, at some point the mess needs to be dealt with and the spending must stop. Better sooner than later IMHO. Things are going to get much worse before the get better (long term).
This was just another dose of medicine for the people.[/quote]
I am just saying the system worked despite the stupidity of the politicians involved. I never had an illusions that it was going to be a great piece of legislation. Just that a deal was reached and compromises were made and it was that way because of the way the system was setup initially.
They didn’t design the system with political parties in mind either. It was the inevitable after birth of a political system.
The way things came out was far from ideal. Yes, this should have been handled much sooner, but that doesn’t play in to the rules and constraints of the system. The system doesn’t deal with ideology, it deals with legislative process. The legislative process worked as designed.
I think a lot of people put the early Americans on a pedestal. There was bad legislation in the olden days to, Alien and Sedition act anyone?
