Republicans Create Economic Anarchy Again

I think they should make Allen West Speaker of the House.

"Newt Gingrich said he would consider taking up the Speaker’s gavel again if called upon to by House Republicans."
Ref: The Hill
It seems there is no Constitutional/Legal requirement that the Speaker of the House be an actual member of the House.

WAIT A MINUTE !
The Speaker of the House is second in the line of succession, . . . right after the Vice President, . . . if the President were to become unable to fulfill his duties.
Just imagine, . . . what if poor old DonDiego, . . .who is nothing more than a kindly old man and a political threat to no one, . . . were to be nominated and subsequently become Speaker of the House. And then through an equally unlikely series of events the President and Vice-President were to, . . . umm, . . . expire under unusual circumstances, . . . .
Voila !! President DonDiego ! ! ! And, perhaps, someone from the LVA "Vegas Free-for-All" as VP !

Forkie posts an editorial piece? I remember forkie giving DD a boatload of crap for posting an editorial piece one time. In fact forkie went on to claim he never posted anything like opinions or editors pieces if I remember correctly. He's a complicated guy.

BTW What is Mal talking about "economic chaos"? I turned on the tube this morning and saw nor heard anything about any chaos.

Nope it wasn't an editorial, it was a news article on the forecasts made by the folks who run the UCLA MBA program and by the Los Angeles Economic Development Corporation.

But that's what you get for listening to CowboyKell.

A little advice jatki: Next time Tweedledumb makes an inane claim, don't just buy into it. lest you end up becoming Tweedledumber.

Why don't you apply?

DonDiego is not sufficiently proficient in PowerPoint and Excel.

Oh, and his interest in keeping the Government open is waning.

Markets want certainty. You have debt ceiling crisis looming, and the markets don’t want the U.S. to default on U.S. sovereign debt. They also don’t want another government shutdown which will put a damper on growth.

The fact that Republicans can’t even agree among themselves who should be their next speaker indicates that is unlikely the Republican’s in the House will be able to agree with Democrats on a debit ceiling increase and at some point will likely shut down government. Nobody on the Republican side seems to even want the speaker’s job except for a few of the nuts in the teabagger conference. The tea baggers say they will only vote for one of their own.

The establishment Republicans are trying to draft Lying Ryan, but if he sits on the pot too long, he won’t be able to get 218 Republican votes either. The right wing talk circuit and media are already circulating talk that he isn’t one of them, and can’t be trusted.

I would greatly appreciate anyone willing to increase my debt ceiling. I really need to spend a couple of billion, but my debt ceiling is just too low. It's really a crisis, and I need help.
I promise I won't spend it on keeping any government operating. I truly promise.

Oh, goodness!

As HAL 9000 in 2001: A Space Odyssey once advised Dave Bowman: "I can see you're really upset about this. I honestly think you ought to sit down calmly, take a stress pill, and think things over."
Ref: HAL 9000

A "debt-ceiling crisis" does not exist. How many times does malibber2 have to go through these "The-US-Is-Gonna-Default" melodramas, until he realizes it is just another scare tactic? T

The US will not default on it's debt, . . . at least not for several more months or, more likely, years, if ever. And not because the Congress refuses to "raise the debt ceiling" in any case.
It is much more likely the debt will continue to be simply rolled-over as it has been historically, and eventually paid in US dollars of ever-decreasing value, . . . also as it has been throughout the 20th century.

The likelihood of a transitory breakdown in the world economy based upon the US-petro-dollar-scheme failing is ever-increasing, but it has nothing to do with electing a new Speaker of the House.

n.b. DonDiego does not discount the possibility of an even greater worldwide economic calamity altogether, . . . even including a default, . . . but the cause will not be the Congress's inability to seat a new Speaker of the House.

Disclaimer:
Poor old DonDiego's investment portfolio is currently 80+% cash; the cash earns a teensy bit above zero%-interest, but DonDiego opines that is superior to losing value in the market correction which DonDiego anticipates. DonDiego exited the markets in a deliberate fashion through the year 2015, . . . not based upon anticipating the failure to elect a Speaker of the House.

One final thought:
Wouldn't it be a delightful world if one's Government were not so big that one has to worry about things like the election of a legislative officer creating "economic anarchy"?

One additional final thought:
DonDiego did not mean to imply that because the debt-ceiling crisis is a fraud there is no economic peril ahead. Here's a map of the World depicting the Government-Debt as a percentage of each Country's GDP.
Over the 20th century the United States has gone from one of the least indebted nations to one of the most indebted nations. This is not a good thing.



But it has nothing to do with selection of the Speaker of the House.

The liberals continues the spin of if the US does not increase the debt ceiling it will default. However that is not true as the government will still have enough revenue to pay the debt.

I will remind maliber that the only time the US had it's bond rating reduced was under Obama who in the space of 7 years has managed to almost double the debt.