Joseph Palermo: The debt ceiling gambit that Republicans in the House of Representatives have used to tie the U.S. government in knots in recent months is simply the California GOP’s tactic writ large.
Brent Budowsky: When the full truth is told about the secret deals that will define the fiscal future of America and the fate of programs at the heart of the Democratic Party heritage, it will be clear that Senator Harry Reid (D-Nev.) is the most important leader in Washington carrying the torch, against great odds, for what true Democrats stand for.
Brent Budowsky: The extreme hard-line attitude of many Republicans has significantly raised the prospects for a national default and rating agency downgrades that would sweep across the nation and many states, causing an economic cataclysm and public outrage unlike anything ever seen in the history of the republic.
Robert Reich: The GOP’s experienced actors – House Speaker John Boehner and Senate Minority Leader Mitch McConnell – have been upstaged by juveniles like Eric Cantor and Michele Bachmann, who don’t know the difference between playacting and governing. Washington has gone from theater to reality TV – a game of hi-jinks chicken that could end in a crash.
Robert Reich: Senate Minority Leader Mitch McConnell’s compromise on the debt ceiling is a win for the President disguised as a win for Republicans. But it really just kicks the can down the road past the 2012 election – which is what almost every sane politician in Washington wants to happen in any event.
Bernard A. Weisberger: The current situation is evidence of the crashing failure of liberal America to stand up for its forgotten principles of some sixty years ago, and its decision to chain itself to a Democratic Party now under the leadership of “centrists” or “moderates” who in fact occupy the terrain once held by the vanished race of liberal Republicans.