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Judd Gregg = Fiscal Sanity??

So A Sullivan tells us:

The great tragedy of the Gregg withdrawal is that this was precisely what he had been selected to achieve. The chance of real entitlement reform - the one thing that can indeed put the US back on a path to fiscal sanity - is real in the first year of an Obama presidency. . .

(Emphasis supplied.) Correct me if I am wrong, but didn't Gregg vote for every Bush budget that destroyed our fiscal house? Also correct me if I am wrong, but weren't there budget surpluses (in the hundreds of billions of dollars if memory serves) when a certain William Jefferson Clinton left the White House? More . . .

As for "entitlement reform," (and that means cutting social security, Medicaid and Medicare for those not familiar with the Beltway jargon), what in the world would a Secretary of Commerce have to do with that? I have been lectured far and wide about how important the Commerce Department is (while missing my point that the important functions of the Commerce Department (NOAA, PTO, etc.) are quite independent of the Commerce Secretary), I am pretty sure that Social Security, Medicaid and Medicare do not fall within the Commerce Department.

Of course, it is worth mentioning that Judd Gregg's ideas about "entitlement reform" were simply insane. But hey, when you want to dream about these grand bipartisan "compromises," I think we all know what these folks have in mind - Democrats and progressives capitulating to horrible Republican ideas.

Maybe Obama was in for that. But I hope not.

Speaking for me only

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  • Display: Sort:
    Entitlement reform!!! (5.00 / 5) (#15)
    by Steve M on Fri Feb 13, 2009 at 01:50:23 PM EST
    Yes, with a trillion-dollar budget deficit, clearly the only way to return to fiscal sanity is to "reform" the one program (SS) that is expected to be healthy for decades.  And as for Medicare, considering few individuals are more responsible than Andrew Sullivan for derailing health care reform and thereby keeping Medicare on its current unsustainable track, I really don't want to hear it.

    It was a little disconcerting (5.00 / 6) (#18)
    by Anne on Fri Feb 13, 2009 at 01:54:37 PM EST
    knowing that Obama had nominated someone whose ideas about entitlement reform were pretty far to the right - even though Commerce is not the department that would take on entitlement reform, a reformer would nonetheless be "on the inside" where a certain amount of influence could be brought to bear once the issue officially hit the table.  Did Obama want the entitlement-reform side of Gregg, or some other part?  He sure didn't want the census-averse Gregg, so what about Gregg was so appealing?

    Was it just the (R) after his name?  If so, Obama just needs to find where the Generic Republican Store is located.

    It's so hard to pin down what it is that matters to Obama; I am convinced that he is more concerned with process than he is with principle, which is why pragmatism appeals to him: it helps the process.  It also has a way of undermining principle, and that explains why no matter how many "wins" Obama notches into his belt, they are not likely to strengthen principle - no matter how many dimensions in which the game is played.

    If a nomination makes no sense to you, think "process" and then it will all fall into place.  The larger question, though, is whether he fully understands the consequences of being a process-over-principle guy; I think it's more evident than ever that he does not.  And that is more than troubling.


    The only 'tragedy' is (5.00 / 1) (#30)
    by oldpro on Fri Feb 13, 2009 at 04:20:47 PM EST
    that Obama ever let Gregg anywhere near his cabinet.

    The guy is clearly a wimpy, clueless flake.

    Just hire a damn Democrat and let's get on with it.  These little dramas are getting on everyone's nerves.

    I forget, who is this guy? (none / 0) (#1)
    by sarcastic unnamed one on Fri Feb 13, 2009 at 01:20:52 PM EST


    Sully? (none / 0) (#2)
    by Big Tent Democrat on Fri Feb 13, 2009 at 01:22:10 PM EST
    A guy who I keep in my crosshairs all the time because he is the biggest most dishonest phony there is.

    Parent
    Sorry, I was trying to make an inside joke (none / 0) (#5)
    by sarcastic unnamed one on Fri Feb 13, 2009 at 01:25:33 PM EST
    about Gregg. It didn't work.

    Carry on.

    Parent

    I knew what you were doing (none / 0) (#6)
    by Big Tent Democrat on Fri Feb 13, 2009 at 01:26:34 PM EST
    Just firing back at ya.

    Parent
    Fair enough. (none / 0) (#7)
    by sarcastic unnamed one on Fri Feb 13, 2009 at 01:28:13 PM EST
    How 'bout Hitchens? (none / 0) (#8)
    by wurman on Fri Feb 13, 2009 at 01:39:37 PM EST
    Dowd?  Broder?  Brooks?

    What would a contest for "most dishonest phony" actually generate as a winner?

    And what about Radio?  TV?

    Gaggle of geese.  Murder of crows.  Parade of pundits.  Phalanx of phonies.

    Parent

    Sully wins (none / 0) (#11)
    by Big Tent Democrat on Fri Feb 13, 2009 at 01:45:26 PM EST
    If you look at my postings over the past 6 years, you will see that I have covered each of these extensively.

    Sully is the worst.

    Parent

    He's the most explicitly racist (none / 0) (#14)
    by andgarden on Fri Feb 13, 2009 at 01:46:52 PM EST
    And sexist (none / 0) (#17)
    by Big Tent Democrat on Fri Feb 13, 2009 at 01:52:53 PM EST
    MoDo gives him a run for his money (none / 0) (#19)
    by andgarden on Fri Feb 13, 2009 at 01:54:59 PM EST
    on that account.

    Parent
    HEY! Don't leave out (none / 0) (#33)
    by BernieO on Fri Feb 13, 2009 at 05:24:46 PM EST
    my personal fave, Tweety!! He is sooooo insanely jealous of Bill and his ladies he just cannot get past it.
    I think Tweety, like so many on cable, reach a much larger audience than Sullivan (please stop with the "Sully" now that the US Air pilot is in the spotlight. Sullivan does not deserve to be associated in anyway with that Sully.)

    Parent
    How about (none / 0) (#22)
    by cal1942 on Fri Feb 13, 2009 at 02:41:21 PM EST
    Destroyers of Civilizations

    Parent
    WaPo (none / 0) (#3)
    by jedimom on Fri Feb 13, 2009 at 01:22:49 PM EST
    well they learned exactly nada from what happened  the stimulus and while lauding Gregg, the wapo editorial says Obama should go back for more 'bipartisanship' led by Gregg on Entitlement Reform

    exactly wrongheaded IMO

    wapo here

    Still, the reversal should not discourage Mr. Obama from seeking bipartisan cooperation. Maybe he didn't sufficiently think through the merits of handing a key economic position to someone with a radically different philosophy. But he's right that some of the hard things he wants to accomplish can't be done without Republican help. On one such goal -- entitlement reform -- Mr. Gregg may be a better ally in the Senate than in the Cabinet. There could be redemption all around if the New Hampshire Republican, in what he says will probably be his last two years in the Senate, helps the president he says he admires put the nation on a sounder fiscal course.


    Has Obama indicated with any clarity just what HE (none / 0) (#28)
    by jawbone on Fri Feb 13, 2009 at 04:08:28 PM EST
    means by "entitlement reform"???

    Inquiring minds want to know.

    Before they go all ninja on some St. Ronnie Lite stuff coming from the WH.

    Parent

    The WaPo ed page is a mouthpiece (none / 0) (#34)
    by BernieO on Fri Feb 13, 2009 at 05:26:04 PM EST
    for neocons. They deserve to be ignored, IMO.

    Parent
    Scoop just ate my comment (none / 0) (#4)
    by andgarden on Fri Feb 13, 2009 at 01:23:42 PM EST
    but I'll point out that Sully is still a deranged conservative, and he thinks that "entitlements" are socialist.

    Isn't "deranged conservative" ... (5.00 / 1) (#9)
    by Robot Porter on Fri Feb 13, 2009 at 01:42:16 PM EST
    redundant?

    Parent
    usually (none / 0) (#13)
    by andgarden on Fri Feb 13, 2009 at 01:46:15 PM EST
    Right. Entitlement reform is a moral (5.00 / 1) (#10)
    by ThatOneVoter on Fri Feb 13, 2009 at 01:42:44 PM EST
    position, not a fiscal one.

    Parent
    In NO way is (5.00 / 3) (#25)
    by cal1942 on Fri Feb 13, 2009 at 03:42:18 PM EST
    entitlement reform as it applies to Social Security a non-fiscal issue.

    The objective of "reformers" whether privatizers or benefit destroyers is to eliminate tax increases on high incomes. The moral argument in any possible framing is a cover for dodging taxes. The rhetoric from the right-wing crowd that the Social Security Trust Fund was just worthless paper was part of that naked deception.

    For decades Social Security withholding has reduced the total budget deficit.  The media report the total budget deficit not the more realistic "on budget" deficit.  The total budget deficit is always smaller than the on budget deficit because of Social Security withholding.

    Social Security withholding to this day generates an enormous surplus.  The amount paid into the Trust Fund (SS withholding) far exceeds Social Security payouts.  The SS trust fund purchases treasury securities.

    When the numbers change, when withholding is less than payments (roughly 2012) Social Security benefits can remain the same because of the enormous existing Social Security Trust Fund.  The Trust Fund money has been borrowed over the years to support the deficit. It especially supported high income tax reductions.  To enable the Trust Fund to remain solvent while paying benefits federal income taxes will have to be raised and the pressure will be to raise rates on high incomes, finally paying the piper.  To insure that the easy ride for high income taxpayers continues Social Security benefits would have to be reduced.

    That's why Conservatives keep pressing for a "resolution" now.  The clock is ticking. This is why so many of us were totally enraged when Obama injected Social Security into the campaign.

    Entitlement reform is exactly what BTD says it is; benefit reductions.

    The only 'moral' argument that can be made is that entitlement reform is grossly immoral.

    It's fiscal plain and simple.  It's about screwing American workers out of money they've put away, money above and beyond the needs of the day, that was supposed to be available for old age benefits.

    Parent

    You've got that right (5.00 / 1) (#35)
    by BernieO on Fri Feb 13, 2009 at 05:33:09 PM EST
    Since the 80's people have been overpaying into SS and that money has been put into special Treasury bonds. (It is no longer a pay-as-you-go system.) This means the government has been borrowing from the SS just like they have from the Chinese. No one suggests the government default on what they owe the Chinese, but it iregularly assumed that it will default on what it owes its own citizens. Too bad more people don't understand that.

    Parent
    Isn't it Repubs who assume the gov't will renege (none / 0) (#39)
    by jawbone on Fri Feb 13, 2009 at 06:10:37 PM EST
    on SocSec? Plus, of course, their mouthpieces in the MCM (Mainstream Corporate Media). Which then influences Dems who ought to know better. Hhhmmm, I see you point.

    Parent
    Froma Harrop had a great column about this (none / 0) (#42)
    by suzieg on Sat Feb 14, 2009 at 12:33:37 AM EST
    very same subject:

    http://www.chron.com/disp/story.mpl/editorial/outlook/6261418.html:

    Stop telling lies about the threats to Social Security
    By FROMA HARROP
    Feb. 12, 2009, 11:31PM

    That's how I feel every time someone calls for "saving" Social Security. Conservatives have been likening it to the Bernie Madoff scandal. Some call it a Ponzi scheme, as MSNBC's Joe Scarborough did recently. And even Democrats talk of fixing the program.

    Social Security is about the only thing around here that doesn't need fixin'. The Congressional Budget Office says it can pay all scheduled benefits into 2049. Sure, you want every entitlement to be funded into the next millennium, but 40 years of solvency sounds pretty darn good these days.

    Social Security -- along with Medicare -- has made America's elderly the most economically protected age group in America. How many Americans got a 6 percent raise this year, assuming they still had a job?

    more...

    Parent

    Are you saying you don't expect us to default (none / 0) (#44)
    by Samuel on Tue Feb 17, 2009 at 04:32:53 PM EST
    on SS bonds at some point?  Or that you do?

    Wouldn't mandatory savings make more sense?  Why does the gov even have access to this money?  It seems like they say "you must save" then they spend the money.  Then again, maybe everyone would just buy bonds with it so what's the diff...

    Parent

    Your'e right. Alan Greenspan (5.00 / 1) (#40)
    by ThatOneVoter on Fri Feb 13, 2009 at 06:45:58 PM EST
    is co-conspirator in the largest attempted (hopefully it stays only attempted!) heist in history---about 2 trillion dollars from the middle and lower class to the rich.

    Parent
    As I understand it ... (none / 0) (#12)
    by Robot Porter on Fri Feb 13, 2009 at 01:45:58 PM EST
    the Commerce Secretary has virtually no brief.

    And in the past the job has just been given as a payoff to political buddies.

    Based on Gregg's own statement, he was put off by (5.00 / 1) (#29)
    by jawbone on Fri Feb 13, 2009 at 04:11:43 PM EST
    having responsibility for managing the census taken from his brief.

    I find that telling, and it says to me that Hispanics and other minorities were right to be very upset that he could have had responsibility for it.

    Even some Repub spokesman on the BBC made a point of saying losing control of the census was one of the reasons Gregg pulled out of the deal.

    Parent

    That is the only thing that was a surprise (5.00 / 1) (#36)
    by BernieO on Fri Feb 13, 2009 at 05:38:01 PM EST
    for Gregg. I think that was what he really wanted - and what his party wanted him to control. Republicans know that controlling the census is key to controlling how districts are drawn.

    Parent
    As everyone with a brain understands it (none / 0) (#16)
    by Big Tent Democrat on Fri Feb 13, 2009 at 01:52:33 PM EST
    Somehow now we are supposed to act if if Commerce Secretary matters.

    I am getting quite annoyed about this new development.

    Parent

    I think they're ... (5.00 / 1) (#21)
    by Robot Porter on Fri Feb 13, 2009 at 02:10:32 PM EST
    playing Fizzbin, not 11 dimensional chess.

    Parent
    And look what happened (none / 0) (#23)
    by cal1942 on Fri Feb 13, 2009 at 02:43:30 PM EST
    when one of them became President:

    Herbert Hoover.

    Parent

    "Sully" (none / 0) (#20)
    by Pat Johnson on Fri Feb 13, 2009 at 02:10:00 PM EST
    He "fell in love".   Hard to beat that.  It would not have surprised me to have seen him actually offer a marriage proposal to Obama before Prop 8 went down in flames.

    He was on some show as a talking head, and he was so full of glee each time he mentioned Obama, it became embarrassing to watch.  Anyone taking him seriously considers Ann Coulter an oracle.  The entire bunch of talking heads representing either side need to be shipped off to Gitmo for reorientation.  

    I don't (5.00 / 2) (#24)
    by cal1942 on Fri Feb 13, 2009 at 03:05:30 PM EST
    read Sullivan very often.  But from what I've read I believe he may have been giddy with excitement beacuse he saw what so many Democrats feared about Obama, that Obama would water down progressive goals and adopt at least some Republican "ideas."

    After all, it's exactly what Obama said he'd do.

    Parent

    I do read A-Sull pretty regularly (with caution) (none / 0) (#26)
    by KoolJeffrey on Fri Feb 13, 2009 at 03:56:45 PM EST
    You gotta give him credit for this truism:

    Party first. Country always always last. Welcome to today's Republicans.

    http://andrewsullivan.theatlantic.com/the_daily_dish/2009/02/the-gops-war-on.html

    Even a broken clock (5.00 / 1) (#37)
    by BernieO on Fri Feb 13, 2009 at 05:38:52 PM EST
    is right twice a day

    Parent
    Another Possibility (none / 0) (#27)
    by squeaky on Fri Feb 13, 2009 at 03:58:39 PM EST
    Staffer F. Re: Judd Gregg dropping out, a contact suggests this connection to the Abramoff probe and staffer "F" in the Abramoff indictment are more decisive explainer:

    A former top staff member to Sen. Judd Gregg (R-N.H.), who is President Obama's choice to be commerce secretary, has come under the scrutiny of federal prosecutors investigating the Jack Abramoff gifts-for-favors scandal, according to public records and sources.

    War & Piece

    SocSec looting, next on the agenda, per Nation (none / 0) (#31)
    by jawbone on Fri Feb 13, 2009 at 04:24:16 PM EST
    William Geider writes that the financial elites are ready to loot SocSec (it's where the money is, since Treasury is in the process of being stripped and proceeds given to the uberwealthy):

    Governing elites in Washington and Wall Street have devised a fiendishly clever "grand bargain" they want President Obama to embrace in the name of "fiscal responsibility." The government, they argue, having spent billions on bailing out the banks, can recover its costs by looting the Social Security system. They are also targeting Medicare and Medicaid. The pitch sounds preposterous to millions of ordinary working people anxious about their economic security and worried about their retirement years. But an impressive armada is lined up to push the idea--Washington's leading think tanks, the prestige media, tax-exempt foundations, skillful propagandists posing as economic experts and a self-righteous billionaire spending his fortune to save the nation from the elderly.

    These players are promoting a tricky way to whack Social Security benefits, but to do it behind closed doors so the public cannot see what's happening or figure out which politicians to blame. The essential transaction would amount to misappropriating the trillions in Social Security taxes that workers have paid to finance their retirement benefits. This swindle is portrayed as "fiscal reform." In fact, it's the political equivalent of bait-and-switch fraud.

    Defending Social Security sounds like yesterday's issue--the fight people won when they defeated George W. Bush's attempt to privatize the system in 2005. But the financial establishment has pushed it back on the table, claiming that the current crisis requires "responsible" leaders to take action. Will Obama take the bait? Surely not. The new president has been clear and consistent about Social Security, as a candidate and since his election. [Uh, must have been really subtle; guess I missed that clarion clarity. jawbone] The program's financing is basically sound, he has explained, and can be assured far into the future by making only modest adjustments.

    But Obama is also playing footsie with the conservative advocates of "entitlement reform" (their euphemism for cutting benefits). The president wants the corporate establishment's support on many other important matters, and he recently promised to hold a "fiscal responsibility summit" to examine the long-term costs of entitlements. That forum could set the trap for a "bipartisan compromise" that may become difficult for Obama to resist, given the burgeoning deficit.

    Atrios wrote that he would mobilize the blogosphere if Obama says he's going to "reform" SocSec. Atrios needs to be doing something right now. We can't wait for Obama to be compromised by some awful compromise.

    Other good Geider pieces to dip into while you're over at The Nation site.

    I don't know if Greider is correct; (5.00 / 2) (#32)
    by ThatOneVoter on Fri Feb 13, 2009 at 04:47:34 PM EST
    however, i speculated the same thing many times during the primaries.
    My reasoning was that Obama, not being stupid, could not have been expecting Republicans to vote for his bills without offering something in return.
    A grand bargain in which SS is dismantled, while Republicans vote for a couple minor reforms of Obama, MIGHT get GOP support.

    Parent
    If Greider is correct, we are so bipartisaned! (5.00 / 2) (#38)
    by jawbone on Fri Feb 13, 2009 at 06:07:43 PM EST
    Another tidbit from Greider (who's been doing good reporting for years):

    The advocates are urging both parties to hold hands and take the leap together, authorizing big benefits cuts in a circuitous way that allows them to dodge the public's blame. In my new book, Come Home, America, I make the point: "When official America talks of 'bipartisan compromise,' it usually means the people are about to get screwed."

    Pretty good line.


    Parent

    To put it another way (5.00 / 2) (#41)
    by Steve M on Fri Feb 13, 2009 at 07:53:31 PM EST
    "The word bipartisan means some larger-than-usual deception is being carried out." -George Carlin

    Parent
    Correct me if I'm wrong, (none / 0) (#43)
    by dualdiagnosis on Sat Feb 14, 2009 at 02:34:32 AM EST
     but didn't Obama vote for all those budgets too?