• Home
  • Blog
  • Contact
The Screaming Moderate

3, 2, 1 ...

9/30/2013

0 Comments

 
In the movies, right about now the cavalry rides in, the white knight on his horse arrives, the smart, blonde CIA operative sneaks in….someone comes in to save the day. This movie, unfortunately, seems to have gone with the alternative ending, the one where doom – but not complete doom – hits at midnight. 

This movie has that double-suspense thing going on. The first deadline passes and bad things happen but the second deadline is when Armageddon hits.

Last week I suggested that the Members of Congress “grow up.”A former colleague of mine used the phrase “grow a pair!” And she was more right Last week I was thinking that Speaker John Boehner was trying to do all the right things –
short of losing his Speakership. I worry that without Boehner, the crazies really will be in control. But they seem to be now. And maybe Boehner should go “all in,” as the latest popular saying goes, say “enough is enough” and put on
the floor the kind of legislation that allows our government to continue and puts the debt limit debate – the one that could lead to financial Armageddon –- behind us. That legislation probably can pass with a bunch of Republican AND
Democratic votes. Why does either caucus have to be 100 percent behind something  to pass it?

I am not familiar enough with the rules of the House to understand what happens if folks want to oust Boehner, but I’m guessing even if they want to, the Speaker – and the parliamentarians who do understand those rules – can figure out how to keep him. Yes, keep him. My belief is all that’s been standing between us and worse stuff from the House is John Boehner. Picture the House with Eric Cantor running it. Yes, for some, it’s a choice between worse and worse-er. Well, Isn't all politics? I’ve long believed that Boehner is a good man, an old-style pol who would rather make a deal than witness a disaster.

Maybe, though, it’s time he stop worrying about his future, and worry about the country – and the world’s future – if the USA defaults. You thought the last recession – the one that really isn’t over yet – was bad? Wait and see what happens if the USA defaults. The markets collapse, interest rates zoom up, businesses stop investing -- as if they are really investing now –-  and the dollar crumbles. 
 
My broker advised me last week to hold my position, “where can you put your money where it’s safe?” he asked. I said, “Cash?” He said, “if the USA defaults, cash won’t be worth anything either.”

Who’s going to ride in and save the day? Someone has  to, don't they?


 
0 Comments



Leave a Reply.

    RSS Feed

     
    Follow @bjaycooper

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013

    B. Jay Cooper

    B. Jay is a former deputy White House press secretary to Presidents Reagan and George H.W. Bush. He also headed the communications offices at the Republican National Committee, U.S. Department of Commerce, and Yale University. He is a former reporter and is the retired deputy managing director of APCO Worldwide's Washington, D.C., office.
    He is the father of three daughters and grandfather of five boys and one girl. He lives in Marion, Mass.

powered by bjaycooper.com