

The federal government as been re-opened and the President signed a measure passed by both Houses of Congress to increase the debt ceiling to keep America’s unblemished record of never defaulting on our debts intact.
The Republicans got exactly nothing that they asked for when they shut the government down. Obamacare is still intact. The tax on medical devices is still intact. There’s no new oil drilling permits. There’s no new restrictions on reproductive rights. They sought to block Net Neutrality,put in place a means test for Medicare, delay the personal mandate for Obamacare, and change the rules on the debt ceiling. Democrats and the president stood firm and the Republicans caved.
But there were Republicans who would rather have seen the nation default on its obligations and OC’s GOP congressional delegation should be ashamed of themselves for their “no” votes. Congressman John Campbell (an accountant) voted no. Congressman Dana Rohrabacher voted no. Congressman Ed Royce voted no.

Simply put, their irresponsible votes placed the faith and trust of the US Government at risk, endangered the dollar as the world’s reserve currency, and caused interest rates to climb on things like small business loans, college loans, home loans, car loans and other things that drive the US economy. Retailers are bracing for a tough holiday season because of the doubt Republicans like these showed US and international markets. And these so-called fiscal conservatives played a part is costing the US $24 billion as a result of the government shutdown.
Come 2014, Campbell will be gone (don’t let the door kick you in the ass on the way out John). Royce and Rohrabacher should be. Let’s hope these votes and the GOP’s lowest ever rating inspire some good candidates to pull papers and that these candidates can get support from the DCCC.
27 Things That Every American Should Know About The National Debt
By Michael Snyder, on July 12th, 2012
http://theeconomiccollapseblog.com/archives/27-things-that-every-american-should-know-about-the-national-debt
What Can We Cut to Balance the Budget?
http://www.learnliberty.org/videos/what-can-we-cut-balance-budget
(more videos at right column)
Answer: Cut entitlements
Or: Be a productive economy again by going with LaRouche’s plan.