Maddowblog - "Boehner invites global economic ruin, on purpose"

[TomCADem]

House Republicans are once again threaten to plunge the Nation into default unless the rich get their tax cuts, yet the corporate media generally treats this as an acceptable negotiation tactic.

http://maddowblog.msnbc.com/_news/2012/11/29/15546399-boehner-invites-global-economic-ruin-on-purpose?lite

Almost immediately after being elevated to Speaker, Boehner clearly wanted no part of a debt-ceiling fight. He explained in November 2010, "I've made it pretty clear to [my caucus] that as we get into next year, it's pretty clear that Congress is going to have to deal with [the debt limit]. We're going to have to deal with it as adults. Whether we like it or not, the federal government has obligations and we have obligations on our part."

By April 2011, under pressure from the far-right, Boehner proclaimed, "There will not be an increase in the debt limit without something really, really big attached to it." He didn't name a price at the time.

As the crisis began in earnest, the Speaker named his "really, really big" price: for every dollar in debt-ceiling increase, Democrats had to give him a matching amount of spending cuts. It was an arbitrary decision -- for nine decades, every increase in the debt limit had passed in clean bills -- but Boehner made up his own standard and stuck to it.

The result was a scandal for the ages. Every congressional Republican -- literally, all of them -- threatened to destroy the economy on purpose and trash the full and faith credit of the United States unless Boehner's made-up standard was met.

And now, as of this morning, the Speaker is creating the same crisis for the same reason, relying on the same arbitrary standard. This profoundly stupid fiasco caused enormous damage to the nation's economy, debt rating, and international standing, and Boehner is making a conscious decision to do all of this to us, again, on purpose.