Wednesday, July 27, 2011

The Monster Mash

I seem to recall some of us DFHs warning these guys this would happen back when they were throwing money into the campaigns.
The U.S. Chamber of Commerce, which spent millions of dollars last year helping elect Republicans to Congressional seats, is struggling to convince the House it helped to build that the debt ceiling must be increased.

The chamber and other business groups have pressed with increasing urgency for Congress to raise the maximum amount that the government can borrow. They have cataloged the consequences of default at meetings, parties and dinners and over drinks.
Of course they ignored us because they always do and because they were just so sure they could control the monster. And they waited so long to step forward because before their own, personal, Frankenstein realized its own power, it was doing their bidding.

Mr. Axelrod said business groups were constrained by their desire to win the support of House
freshmen on other issues, including the trade agreements and efforts to roll back regulation.

“I just think that there was, at least on the part of the chamber, a reluctance to tangle with, or pressure, the same group in the House that they’re depending on to gut financial reform and undo environmental regulation and so on,” he said. “But I think the gravity of the situation is now clear.”
As the saying goes, "Payback's a bitch." Sadly, we'll all pay the price but maybe it will be worth it to witness the implosion. Via Greg Sargent, who rounds up the latest in the wacky world of GOP in disarray.

Meanwhile, TPM runs down the players and floats a rumor that the Galtian overlords are about to destroy their monster. Good luck with that. Not sure they have enough firepower.

[More posts daily at the Detroit News.]

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Blogger Ruth said...

Take it back to the coathanger court, that destroyed representative government when it declared that corporations are individuals and have the same rights. The teabaggage came in under the principle that voters were quaint, it's about the corporate $$.

12:52:00 PM  
Blogger Libby Spencer said...

I'm convinced removing corporate personhood would solve a wealth of problems with the system.

9:53:00 AM  

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