The NY Times sometimes falls into line in pushing the Blame Democrats, Give Republicans a free pass corporate media narrative. However, it is refreshing to see this Editorial that calls out Republicans, and rejects Republican efforts to blame Democrats for the failure of debt talks. Still, that is the corporate media narrative, and now Republicans plan on gleefully watching the Nation go into default, as the corporate media machine covers their collective ass.
http://www.nytimes.com/2011/06/24/opinion/24fri1.html?_r=1&hp
Congressional Republicans, who played a major role in piling up the government’s unsustainable debt in the first place, have thrown a tantrum and walked out of the debt limit talks. This bit of grandstanding has brought the nation closer to the financial crisis that Republicans have been threatening for weeks. But, at least now, their real goals are in sharp focus.
The two Republicans in the talks, Representative Eric Cantor, the House majority leader, and Senator Jon Kyl, the minority whip, had no intention of actually negotiating. Negotiations require listening to those on the other side and giving them something they want in exchange for some of your goals.
It has been obvious all along that cutting government services alone is not a solution to either the budget deficit or the mounting national debt. The Democrats, at least, acknowledged that reality at the bargaining table by saying that along with the cuts the Republicans cherish, there would have to be increases in revenue — an end to unnecessary tax loopholes for corporations or the rich.
Those demands were modest — too modest — and Vice President Joseph Biden Jr., who is leading the talks, said they were making progress. But any compromise at all proved too much for the Republicans.