Here Comes The Push To Repeal Obamacare, As Goolsbee Starts The Mutual Asured Destruction Charade On Raising The Debt Ceiling
by Tyler Durden
The new year is finally here, which means the new composition of Congress and the Senate is now in play and tickets to another year of political theater are rapdily selling out. In the meantime, republicans are not wasting a single minute. Michigan Rep Fred Upton, who will lead the House Energy and Commerce committee, said today that he expects “significant” bipartisan support for a proposed repeal of the health care overhaul — a vote he said would be held before President Obama’s State of the Union address, reports Fox News. Politico chimes in: “We have 242 Republicans. There will be a significant number of Democrats, I think, that will join us. You will remember when that vote passed in the House last March, it only passed by seven votes.” Of course, this is just more of the same theatrical BS that has made all of America sick and tired with the charade that is “democratic” governance. “Republicans reason that the voters who gave them the House majority in November expect them to at least go on record against the health law in the next session, though congressional rules make it highly unlikely that they’ll be able to overturn it while a Democratic president is in office.” So more theater. But in the meantime, both parties will conveniently ignore the one thing that Americans really voted against: fiscal stupidity and endless printing of money. After all, without excess spending and ridiculous debt issuance now that the securitization spigot is (luckily still) slammed shut, just how will Wall Street award it corrupt servants in Congress and the Senate? In other words, look for a lot of pomp and circumstance ahead of the only vote that matters: the raising of the debt ceiling, which will stunningly end up passing with a near unanimous vote.
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