As we are poised to jump off a cliff this weekend, President Obama went on Meet the Press and in a one-on-one interview had this to say, something that I hope rings true to those who echoed the TEA Party values in the months to come:
“They say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest Americans are protected. That seems to be their only overriding, unifying theme.”
This is and has been the TEA Party agenda – address the economy by dealing with the deficit, and not raise their taxes because, by God, they are Taxed Enough Already.
[This, by the way is a clever way of saying that government should not take in revenue to promote the common good, because they want their money for themselves and not their children or grandchildren.]
So it should come to no one’s surprise that all this talk about fixing the deficit is nothing more than talk, and what they really want is to keep their money, but more importantly, allow the ones who are bankrolling the TEA Party movement, the Koch Brothers et al. to keep their money in their foreign bank accounts.
So we are going to fall over a cliff and it’s all based on politics and not about reason or the correct thing to do. It is institutional lunacy in other words.
On Earth, free fall acceleration is around 9.8 meters per second squared, or if you are still a prisoner of the “conventional system of units,” thirty-two feet per second per second.
Either way you measure it, people are going to lose millions upon millions of dollars in a couple of days. Thank you Grand Opportunistic Party.