01
Aug
11

Republican Terrorism

The Republicans, and the Tea Party in particular, have  used terrorist tactics in the debate over the debt  ceiling increase. Merriam-Webster defines terrorism as  “the systematic use of terror especially as a means of  coercion,” and if what the GOP and Tea Partiers have been  doing isn’t terrorism, I don’t know what is.

They have declared that they won’t vote for an increase  in the debt-ceiling unless Democrats and the President go  along with their demands. Some of the Tea Partiers are  quite obviously ignorant of the basic economics involved,  but some know exactly what they are doing. They know that  not raising the debt-limit with result in the United  States defaulting on its debt obligations for the first  time in history. They know that this will result in a  down-grade of the US debt rating from the perfect AAA to  something much less. They know that that will result in  higher interest rates on the US debt, thus increasing the  interest taxpayers pay on the debt and making the defecit  even worse. They know that this increase in interest  rates will cascade down to corporations and individuals,  who will all have to pay higher interest on loans and  credit cards. And, they know that Democrats and the  President don’t have the backbone to say “no” to them.

In other words, the Tea Party and the GOP are holding the  American economy (and the world’s, as well) hostage until  their demands are met.

If Barack Obama had a spine, which he has quite clearly  demonstrated he hasn’t, he would have refused to  negotioate at the point of a gun. He would have told the  Tea Party and the GOP that budget negotiations belong in  budget negotiations and not in the debt ceiling vote. He  would have said:

The United States does not negotiate with terrorists. We  do not negotiate with terrorists holding the American  economy hostage. We don’t allow Al-Qaeda to hold the  economy hostage and we won’t allow the Republicans to do  it.

Unfortunately, for the Democrtatic Party and the American  people, Obama has no spine. No matter what happens, the  Republican Terrorists have won.

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