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(Washington Post)   Turns out rich Republicans who donate big money to politicians kind of don't like it when those politicians threaten to destroy the economy   (washingtonpost.com ) divider line
    More: Obvious, Republican, GOP, American Crossroads, Vin Weber, vocal minority, American Action Network, House Republicans, Bobby Jindal  
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1817 clicks; posted to Politics » on 07 Oct 2013 at 9:22 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



33 Comments   (+0 »)
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2013-10-07 12:43:29 AM  
FTA:One top party fundraiser said the Wall Street financiers and corporate executives he counts on for support are "having fits" over the GOP's brinkmanship strategy, especially related to a potential default if Congress does not agree to raise the debt ceiling later this month.  ..."It appears that we've got a bunch of crazies running around - one from Texas and some from other places," said Al Hoffman Jr., a former Republican National Committee finance chairman and a top fundraiser in Florida.
 
2013-10-07 12:50:57 AM  
The problem with this angle is not every GOP donor or even a majority are from the financial industry. So they don't understand what defaulting on the debt will do, and they thing Ted Cruz is a great guy. The end of the article seemed to contradict the headline in that regard.
 
2013-10-07 01:13:33 AM  
They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.
 
2013-10-07 01:26:29 AM  
Whoops.

I guess they didn't think their cunning plan through.
 
2013-10-07 01:28:08 AM  

shower_in_my_socks: FTA:One top party fundraiser said the Wall Street financiers and corporate executives he counts on for support are "having fits" over the GOP's brinkmanship strategy, especially related to a potential default if Congress does not agree to raise the debt ceiling later this month.  ..."It appears that we've got a bunch of crazies running around - one from Texas and some from other places," said Al Hoffman Jr., a former Republican National Committee finance chairman and a top fundraiser in Florida.


Oh dear, that does not sound good, does it?
 
2013-10-07 01:37:26 AM  
"But let me tell you - they took to him, that someone is standing up for their principles and not wavering."

What principles are those, exactly? That people without health insurance should just go to the ER so taxpayers can foot the bill anyway when they can't afford to pay?
 
2013-10-07 08:27:16 AM  

Ob:

1.bp.blogspot.com

 
2013-10-07 09:16:27 AM  

fusillade762: "But let me tell you - they took to him, that someone is standing up for their principles and not wavering."

What principles are those, exactly? That people without health insurance should just go to the ER so taxpayers can foot the bill anyway when they can't afford to pay?


I hate to say it, but when it comes to big donors for GOP candidates, principles are blurry - what counts is results - and they won't throw money at a losing strategy - looking at you "ted" cruz and company
 
2013-10-07 09:25:14 AM  
Yes, there will be some ball-smashing during telephone calls and closed-door meetings in the very near future.
 
2013-10-07 09:26:34 AM  

abb3w: Ob:
[1.bp.blogspot.com image 550x502]


Came here for this, leaving happy(ish).
 
2013-10-07 09:28:16 AM  
They're doing exactly what they said they were going to do, so I guess the correlation between being rich and being savvy isn't quit as strong as some people like to tell themselves.
 
2013-10-07 09:29:23 AM  
Most folk arent willing to blow themselves up in an attempt to make the president look bad, but then again some folk'll.
 
2013-10-07 09:31:29 AM  

Irving Maimway: The problem with this angle is not every GOP donor or even a majority are from the financial industry.


The GOP has never relied on a majority of its donors. There are a few whales that provide a massive amount of funding as well as indirect support (in terms of media, research papers, etc). They don't care about losing Cletus' four dollars and a wolf tooth, but the moment that Big Business turns their back on them, they're completely and utterly farked.
 
2013-10-07 09:31:39 AM  
The 1% has done best under Democratic administrations for a long time, but that does not stop the stupidity.
 
2013-10-07 09:34:46 AM  

fusillade762: "But let me tell you - they took to him, that someone is standing up for their principles and not wavering."

What principles are those, exactly?


Being a narcissist and playing with other people's money at no risk to himself.
 
2013-10-07 09:40:05 AM  

Irving Maimway: The problem with this angle is not every GOP donor or even a majority are from the financial industry. So they don't understand what defaulting on the debt will do, and they thing Ted Cruz is a great guy. The end of the article seemed to contradict the headline in that regard.


If you were a congressman would you want to tempt the wrath of the financial industry? Wall street has no problem donating to dems. Just ask Obama, they are his largest donors.
 
2013-10-07 09:44:52 AM  
Erza Klein says it's terrifying. http://m.washingtonpost.com/blogs/wonkblog/wp/2013/10/07/wonkbook-thre e-terrifying-quotes-on-the-debt-ceiling/ but what does he know?
 
2013-10-07 09:48:26 AM  

LarryDan43: Most folk arent willing to blow themselves up in an attempt to make the president look bad, but then again some folk'll.


Teahadists like that whole suicide econ-bombing thing. Who knew?
 
2013-10-07 09:50:00 AM  

nobodyUwannaknow: Erza Klein says it's terrifying. http://m.washingtonpost.com/blogs/wonkblog/wp/2013/10/07/wonkbook-thre e-terrifying-quotes-on-the-debt-ceiling/ but what does he know?


You mean this?
 
2013-10-07 09:54:38 AM  

nobodyUwannaknow: Erza Klein says it's terrifying. http://m.washingtonpost.com/blogs/wonkblog/wp/2013/10/07/wonkbook-thre e-terrifying-quotes-on-the-debt-ceiling/ but what does he know?


Klein has  the most trenchant simile I've seen on this so far: "Analogies between the finances of families and government are typically pretty flawed. But there's one worth drawing here: That moment when a family realizes it's broke and stops paying their mortgage, credit card bill, etc? It's not a good moment for them. It's a moment that wrecks their credit score and makes it harder for them to be "not-broke" ever again. To try and improve the U.S.'s finances by sharply and permanently increasing its borrowing costs is like trying to prove to your sister that her house is a firetrap by actually setting it on fire.
 
2013-10-07 10:00:16 AM  
Sigh.

It's a rainy, chill morning. I'm working. My dog had to go on antidepressants Saturday and will require surgery in the immediate future.

And the Republicans are holding our country hostage.

All in all - I should have stayed in bed.
 
2013-10-07 10:02:05 AM  

LarryDan43: Most folk arent willing to blow themselves up in an attempt to make the president look bad, but then again some folk'll.



[Musical note] Like Cletus the Tea Bag yokel! [Musical note]

/"What's goin' on on this side?"
 
2013-10-07 10:03:13 AM  

KarmicDisaster: The 1% has done best under Democratic administrations for a long time, but that does not stop the stupidity.


These people aren't so much concerned about getting richer, they just want to increase the gap between them and the rest of us.
 
2013-10-07 10:09:08 AM  
Republicans are getting pulled in so many different directions.... I really wonder which faction will come out on top.

Strategists want the party to be more liberal to fit in with changing demographics. They argue that if the party doesn't move towards the center on issues like immigration that they will die out.

The Teaparty wants the party to move further right, and will actively work to end the careers of any perceived "Rinos" within the party.

And now the wealthy weigh in.....
 
2013-10-07 10:53:37 AM  

Sammichless: Republicans are getting pulled in so many different directions.... I really wonder which faction will come out on top.

Strategists want the party to be more liberal to fit in with changing demographics. They argue that if the party doesn't move towards the center on issues like immigration that they will die out.

The Teaparty wants the party to move further right, and will actively work to end the careers of any perceived "Rinos" within the party.

And now the wealthy weigh in.....


I don't see a future where these two factions will hold together. One way or another, the US will get out of this mess, and the teabaggers will blame the establishment (again). Eventually, the "Tea Party" will be a real party. I thought it would be by 2020, but it's looking more and more for 2016. They won't get much more than 10%-15% of the vote, but it'll be enough to meddle the cards for a while.
 
2013-10-07 11:05:14 AM  

sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.


I'm not entirely sure about that, to be honest. Sure, most of the GOP are good little lapdogs, but a frightening number of Teabaggers don't seem to give a flying fark about anything but their own dogma. I think they honestly believe they got elected purely via grassroots, so they don't feel like they need the rich backers.
 
2013-10-07 11:51:03 AM  

LordJiro: sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.

I'm not entirely sure about that, to be honest. Sure, most of the GOP are good little lapdogs, but a frightening number of Teabaggers don't seem to give a flying fark about anything but their own dogma. I think they honestly believe they got elected purely via grassroots, so they don't feel like they need the rich backers.


Well, that's the good news.  The Tea baggers in congress are enough a Republican majority for passing debt ceiling and a clean CR.  But the only real person that needs to be influenced is Boehner to bring up both of those for a vote.  Then Dems + moderate GOP will pass it as the Tea Party scream on the sidelines. And Boehner knows where is bread is buttered.  If the Chamber tells him to bring it up for a vote, he will bring it up for a vote.
 
2013-10-07 11:55:23 AM  

sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.


Problem is when they yank the chain they'll find out that nothing's on the end of it.   The puppies ran away to become rabid and diseased; the only way to stop them is to put them to sleep/kill them.
 
2013-10-07 02:18:27 PM  
Hate to say it, but I think their opinion doesn't matter anymore. Which is f*cking terrifying.
 
2013-10-07 04:51:16 PM  

sammyk: Irving Maimway: The problem with this angle is not every GOP donor or even a majority are from the financial industry. So they don't understand what defaulting on the debt will do, and they thing Ted Cruz is a great guy. The end of the article seemed to contradict the headline in that regard.

If you were a congressman would you want to tempt the wrath of the financial industry? Wall street has no problem donating to dems. Just ask Obama, they are his largest donors.


I don't think the lunatics on the Alex Jones / Tea Party / Rush Limbaugh express care.

And the lack of criminal charges coming out of the crash of 2008 tells you all you need to know about how Wall Street butters both sides of the bread.
 
2013-10-07 05:27:23 PM  

sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.


I don't think so. The dog slipped the chain the moment they thought that they could exploit the populism of the Tea Party to get more pet politicians into Congress. They well and truly failed to understand that populist movements have a tendency for getting out of the control of their handlers.
 
2013-10-07 09:48:18 PM  

LordJiro: sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.

I'm not entirely sure about that, to be honest. Sure, most of the GOP are good little lapdogs, but a frightening number of Teabaggers don't seem to give a flying fark about anything but their own dogma. I think they honestly believe they got elected purely via grassroots, so they don't feel like they need the rich backers.


Part of the problem is this herd mentality of the GOP.  Democrats will split on decisions all the time.  Some Democrats might think that their own party is going in the wrong direction for a certain bill, and they will vote in whatever direction they feel is right.

But, the GOP is  paralyzed by whatever a few right wing nutjobs are saying.  They are afraid of these rebelistic piss ants.  I'm surprised the Koch Brothers haven't personally invited some of these politicians to their office, Godfather-style, and told them how long they have to live if they don't deal with this debt ceiling.

Whatever happened to good ol' fashioned corporate corruption?
 
2013-10-08 01:17:14 AM  

Some 'Splainin' To Do: sparkeyjames: They'll yank the chain when the time comes and the GOP will behave like good little chastised puppies.

I don't think so. The dog slipped the chain the moment they thought that they could exploit the populism of the Tea Party to get more pet politicians into Congress. They well and truly failed to understand that populist movements have a tendency for getting out of the control of their handlers.


You know who else became politically prominent in part because he was repeatedly dismissed as a fool and regarded as a useful idiot by establishment figures?
 
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