SocraticGadfly: fiscal cliff
Showing posts with label fiscal cliff. Show all posts
Showing posts with label fiscal cliff. Show all posts

January 04, 2013

Is the "fiscal cliff" bill unconstitutional?

In a pondering thought that should make everybody to the left of tea partiers shit bricks (and why did none of them think about it?) I wonder if the fiscal cliff legislation doesn't violate the Constitution because it was started in the U.S. Senate and it's a money bill.

Per Article 1, Section 7:
All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
It seems pretty clear.

And, as not only a tax bill, in part, but a bill that increased certain taxes and tax rates, it's a revenue bill, per and simple.

I think it is unconstitutional. I'm still surprised that no House tea partier has filed for an injunction in court.

That said, per a friend of mine on Facebook, the Senate apparently had an attack of "oops, Houston, we have a problem."

So, the House passed HR 8 as a "dummy bill" and the Senate amended it to stick in all the original bill language.

But, somebody might argue an "ex post facto" fix doesn't count, or at least that it didn't count until after this "fix." Still, it shows how dysfunctional Congress has become. And, this WILL be remembered in six weeks by tea partiers in the House, you can count on that.

January 03, 2013

Of fiscal cliffs, ATMs, debt ceilings and leverage

Various progressive types have been saying, to various degrees, that our Compromiser-in-Chief (a couple of Facebook friends think "Dear Leader" has gotten too snarky or too creepy, so sad) did less than he could have done on the fiscal slope compromise.

I certainly do.

Let's riff on my headline.

Obama gave away leverage in two big ways and areas — the Alternative Minimum Tax and the debt ceiling.

On the AMT, it was good tax policy, true, but it was horrible political policy. The AMT needed to be indexed to inflation, that's the good tax policy. It didn't need to be indexed unless part of a bigger deal; that's the bad political policy.

The leverage lost there is small potatoes, though, to not making a debt ceiling fix part of that "bigger deal."

Given that 2/3 of House Republicans voted against a bill that was a slam dunk in the Senate and where Obama had had leverage, up to that moment, he's likely to get his head handed to him on a platter in mid-February, or his ass kicked.

No, I take that back.

The Compromiser-in-Chief will hand his own head to the House GOP in advance and therefore We the People will get our asses kicked.

More proof? The first act of the new GOP House? A move to ... wait for it ... repeal Obamacare.

December 31, 2012

My 2013 predictions in news, culture, etc.

Note any international readers: These are largely US-based, but still may have a bit of international play.

1. The so-called "fiscal cliff" will finally get a deal on ... wait for it ... Jan. 7. Stock market will continue to sag, but not totally tank until that date, therefore undercutting the Pete Petersons of the world. Both Republicans and Democrats will do some can-kicking, postponing many details for discussion — until after the 2014 elections. GOP will "bite" on what was originally the offer by President Barack Obama, aka Dear Leader, for "chained CPI" on Social Security, and pressure Senate Democrats to "lump it."

And, yes, I know, there's claims that a "deal" is just around the corner, as of 7 p.m. Eastern time Dec. 31. Read a story like this, though, and you get a Swiss cheese of caveat holes.

2. Speaking of that, Senate Majority Leader Harry Reid will make only minor changes to filibuster rules.

3. President Obama will offer only relatively minor changes in whatever gun control legislation he sends to Congress, and will make the announcement of such legislation itself relatively mild. (As in sending it to Congress after 5 p.m. on a Friday.)

4. Angela Merkel's coalition, the unwieldy one, will fall apart in Germany sometime this year over a mix of resentment toward the eurozone's south, the Free Democrats' stance on nuclear power, and a general weariness.

5. John Kerry will become US Secretary of State. Rep. Edward Markey will win the special election to replace him in the Senate.

6. Chuck Hagel will ultimately withdraw his name from Secretary of Defense consideration after lack of support from Obama. At this point, I won't even venture a guess over who's next on Obama's list.

7.  India's rape-murder tragedy will be the last straw for its current government ad will force parliamentary elections some time in 2013. The Congress party will suffer disastrous losses. The new BJP government will get more aggressive against both native Maoists and Pakistan. The BJP will not improve the lives of Indian women, though.

8. Climate change legislation will not even get considered by the US.  But, the European Union will hold firm on its airline carbon taxes.

9. The Texas Legislature's new budget will not only be more hardcore antiabortion, it will tighten the belt on health care for the poor and have no major new money for schools. The fact that Texas Parks and Wildlife is still soliciting for we the taxpayer to make direct donations underscores this prediction. (And, no, I won't make a donation myself; it's called "enabling the wingnuts" — as in a spouse/lover enabling an alcoholic/addict.)

10. The state of Texas will lose the school finance lawsuit while the Lege is in session, but even with an expedited appeals route, appeals will not be done in time.

11. The state of Texas will lose all its appeals and, shades of the past, have to have multiple special sessions of the legislature before passing an acceptable school finance bill.

12. The US will sell drones to South Korea, which will escalate tensions with China, both directly and vis-a-vis Japan.

13. Britain's Liberal Democrats, for reasons unknown, will remain in coalition with Conservatives.

14. Bradley Manning will eventually accept a crappy plea-bargain deal, while the British government and Julian Assange will remain at deadlock all year.

===

Culture

1. "Lincoln" will win Oscars for best actor, director, producer, cinemetography and possibly screenplay.

2. Some rock star past the age of the 60 will become a father.

3. The Minnesota Orchestra (management) will refuse to settle its strike/lockout with its musicians and the season will be washed out. 

4. Fox will announce plans for a new late-night talk show.

5. PBS will revamp "News Hour."

7. Whether to Europe or Native Americans, a number of US museums will make major repatriations of art and artifacts.

8. John Adams will start work on a new opera.

December 19, 2012

Bummed over #OBummer and Social Security? A modest solution

I love that Democratic friends of mine on Facebook are saying "call your Congressman" over Dear Leader's proposed cuts to Social Security. (This doesn't mention a possible increase in the Medicare retirement age, or whatever else is in his magic box of rocks, either now, or in 2014 when Fiscal Cliff Part Deux hits the shitscreen.)

Now, why would I do that?

O'Bummer is surely already leaning on Hairy Reed, aka Harry Reid, to take back any hint of possible opposition he has expressed to this idea.

You want to try to stop this effing train wreck?

If you're a Democrat, whether "Democrats always, right or wrong," an independent-minded Democrat, an independent-minded left-liberal of sorts like me, or whatever, there is a Plan B.

Especially if, like me, you live in a red state.

DO call your Republican Congresscritter or Senator.

Tell him (it's very unlikely to be a her) that you oppose this deal because it's not good enough. For example, if you're here in Texas? Tell John Cornyn, Lamar Smith, even Gohmert Pyle if you have the stomach, to hold out for more. Tell them to buck John Boehner.

That's the only way this gets stopped.

Of course, there's a hell of a risk.

And, if you aren't still wearing rose-colored glasses, you know that risk.

It's that O'Bummer finds even more stores to give away.

And, it is a real risk.

Why?

Because he's a liar. He's telling a tacit lie that Social Security has something to do with the deficit.

That's not just me saying that.

Ronald Reagan (and remember how much Obama likes him?) says so too:






The GOP — Plan B vs. Plan B

So, here's your GOP cheat sheet, as Carrot Face, John Boehner, pushes a "Plan B" to avoid a fiscal non-cliff. Plan B is fine when it imposes deficit austerity and screws the poor and middle class. Plan B is horrible when it's a birth control pill to prevent tragically unwanted effects of screwing among the poor and middle class.

It's all about who's been screwed, when, where and why.