We are currently in the saber rattling and chest pounding portion of the negotiations regarding the so-called fiscal cliff. So far there have been no of trial balloon leaks and Senate gangs forming, which normally happens right before there is an actual attempt to hammer out a deal.
Instead, right now all that seems to be happening is just the public show. There are big press conferences, television interviews, many vague statements, and of course, endless rounds of letters. There are letters from caucuses, individual members, grassroots organizations, lobbying groups, and CEOs. Most of this is just sound and noise signifying nothing.
The only two things I really think worth paying attention to at this moment are the use of weasel words that hint to insiders a lack of actual commitment to a position and explicit promises about legislative maneuvering. Politicians love to stretch the truth but don’t like being caught in direct lie, so they choose their words carefully.
Having a Senator say they think something is a bad idea is meaningless. Does that mean they will actively oppose it or simply be unhappy when they vote for it? Only when a Senator promises to “filibuster” or “not support cloture” on a bill containing such provisions are they laying down a real marker that is hard to back away from.
The key phrases I’m listen for right now are things like “will veto,” “filibuster,” “oppose closure,” “won’t allow on the floor,” and “won’t let out of committee.” So far there have been relatively few explicit legislative promises of this nature, besides Obama’s squishy promise to veto any bill that keeps taxes for the wealthy at their current levels. That is probably a sign that real attempts at deal-making won’t start until the very end of the year or the beginning of next.
Photo by Rama under Creative Commons license.





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The most meaningless campaign in this saber rattling phase is from CNBC.
These are the people who openly shilled for Romney during the Presidential campaign. They could barely be bothered to have ANYone on their Squawk Box program that didn’t support the GOP mantra of needing to get Obama out of office. Joe Kiernan would rarely let any opposing view be spoken on the show – he would use the ever-popular method of continually espousing GOP talking points to talk over any guest who said differently.
So now that they didn’t get what they want? They are now beating the drum about resolving the fiscal cliff. They have all these great graphics and wonderful cutaway screens about the ‘facts’ of the fiscal cliff if nothing is done about it prior to 31 December. They even have a lovely count-down window to the 31st. They wear lovely buttons about resolving the problem.
What I want to know is, where the h&ll were they when this wasn’t being discussed during the election? Why weren’t they talking specifically to congressional candidates on both sides of the aisle, democrat and republican, to get their positions?
What a bunch of hypocrites.
Ah, but the combination of Obama’s squishy promise, and GOP intransigence, may well mean that there’s no tax deal by Jan 1. Even if Obama offered them 90% of what they want, Saint Grover Norquist won’t allow any tax increase at all.
I don’t really know what has changed since the last time they did this little dance. The economy is in the shitter. We need to extend the payroll tax cuts and unemployment insurance. We also need to get past the next hostage taking scenario – -the debt limit. And there is no way we can allow the tax rates to go up on the middle class. All that seems to put the bad guys in the drivers seat. The only question is whether the Rs will cave this time bc they are deathly afraid of an increase in their taxes. I doubt that. But I got my popcorn.
CNBC is about as bad as Faux News. I think the people on their shows must be picked for the message they want to sell. I seldom watch or listen to it anymore. Actually, I think Bloomberg beats them, but even they have their shills.
Good post Jon. Also, aside from the actual “brake phrases” as I call them, “who” says stuff, as well as who doesn’t, is equally important.
The House has some locks built in because of the gerrymandering, so I’m keeping my eye on the 2014 Senate Election class.
These Senate Dems are the pressure points, IMO:
Mark Begich, Mark Pryor, Mark Udall, Chris Coons, Richard Durbin, Tom Harkin, Mary Landrieu, John Kerry, Carl Levin, Al Franken, Max Baucus, Jeanne Shaheen, Frank Lautenberg, Tom Udall, Kay Hagan, Jeff Merkley, Jack Reed, Tim Johnson, Mark Warner, Jay Rockefeller,
They sure like Erskine Bowles at CNBC… almost as much as Obama likes him.
http://www.cnbc.com/id/49842651
It’s not up to Norquist this time. The Obama tax cuts will expire on January 1–no vote by Democrats or Republicans necessary–unless Obama prevents that from happening.
Sadly, I think Obama will do that.
Extending the payroll tax cuts is the last thing we need or ever needed. It’s only a side door way of weakening Old Age, Survivors and Disability Insurance.
More hostage taking?