The Cave

Heigh ho, into the darkness we go!

 August 2nd 2011

Right up until the end, I thought Obama was gaming the Republicans. I figured that he was just letting them climb further and further out on a limb with their unreasonable and extortionate demands, and then would suddenly shake their branch, announcing that negotiations were canceled, and to either extend the limit or wreck the economy, and they could put the rest of their demands up to a separate vote.

It turns out that, at best, he was being gamed, and at worst, he was gaming us. He’s either weak, or a liar, or perhaps both. With his capitulation on the debt-limit increase agreement, he has assured himself of being a failed one-term President.

I’ve been comparing him to Neville Chamberlain. That’s a little unfair to Chamberlain, who faced a more horrific and vicious foe, stood to lose more if the negotiations didn’t work out, and didn’t have to sacrifice his own political base in order to do so. Indeed, he returned from the Munich Conference with his bumbershoot, grandly announcing there would be peace in our time, to wildly cheering crowds. He had much more reason to capitulate, but is seen as an class example of weakness and lack of resolve 70 years later.

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Brinkmanship

Where even fools fear to tread

May 29th 2011

I came across a hilarious table today that Think Progress, the liberal web site, gleefully posted on their Yfrog page. ( http://yfrog.com/h7rjekp ) The table was a listing of projections of when Medicare would go insolvent, on an annual basis dating back to 1970, when the Hospital Insurance Trustees solemnly affirmed that Medicare was going to go bust in 1972.

The Hospital Insurance Trustees released this annual report, and in all but three of the subsequent years, declared that Medicare was on the ropes, and would go belly up in the sweet bye-and-bye. The length of time varied enormously. Two years was the lowest, but by 1975 they, with seeming reluctance, concluded that the Trust might last into the late 1990s. The previous two years must have shown sharp improvement, because those were two of the three years they didn’t make any forecast at all.

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