Jean-Léon_Gérôme_-_Duel_After_a_Masquerade_Ball
Greetings Circus fans! Welcome back to the Circus that, like rust, never sleeps. For the past couple of days the red clowns have separated into rival gang factions to fight out their final strategery. Watching clowns enter into public backbiting and recriminations is always amusing for the audience and the pie has been flying.

It seems that according to the folks at the Beltway Bigtop Office of Promotions that the Hot Potato of Blame has fallen into Boner T. Redclown’s Ring 1 and cannot be returned to Harry T. Blueclown’s Ring 3 due to a preponderance of audience belief.

The Beltway Bigtop Office of Promotions now says that this shutdown was planned, long in advance by a consortium of red clown groups and heavily funded by red clowns from the Koch Klowns organization:

The current budget brinkmanship is just the latest development in a well-financed, broad-based assault on the health law, Mr. Obama’s signature legislative initiative. Groups like Tea Party Patriots, Americans for Prosperity and FreedomWorks are all immersed in the fight, as is Club for Growth, a business-backed nonprofit organization. Some, like Generation Opportunity and Young Americans for Liberty, both aimed at young adults, are upstarts. Heritage Action is new, too, founded in 2010 to advance the policy prescriptions of its sister group, the Heritage Foundation.

The billionaire Koch brothers, Charles and David, have been deeply involved with financing the overall effort. A group linked to the Kochs, Freedom Partners Chamber of Commerce, disbursed more than $200 million last year to nonprofit organizations involved in the fight.

Great amusement for the audience has resulted! While the Koch Klowns have been climbing the rigging and shouting that Kochs are not to blame, the rank and file red clowns have been quite agitated at each other due to the fact that their gambit to force the Ringmaster and the blue clowns to capitulate has failed to be an early success. The blue clowns and much of the audience have had many a moment of amusement as the red clowns have piled into a clown bus and have been chasing Cruz T. Redclown around the arena:

Clown Bus by guthrieschroederRep. Charlie Dent (R-PA) on Monday echoed Peter King’s statement that the person to blame for the current government shutdown is Texas Senator Ted Cruz.

‘If I had to cast blame anywhere, I would say it was Sen. Cruz and those who insisted upon this tactic that we all knew was not going to succeed,’ Dent told CNN’s Wolf Blitzer.

‘What he did essentially, Sen. Cruz, basically, he took a lot of folks into the ditch. Now that we’re in the ditch, you can’t get out of the ditch, the senator has no plan to get out of the ditch, those of us who do have a plan to get out of the ditch and will vote to get out of the ditch will then be criticized by those who put us in the ditch in the first place.’

As one group of the red clowns played “chase the scapegoat,” other set to work on what the red clown leaders strategery:

Representative Pete Sessions of Texas, chairman of the Rules Committee, tells us Speaker John Boehner doesn’t yet have his debt-ceiling proposal finalized. For now, no legislation is headed toward his committee, and it’s all about messaging. … ‘I’d say if you ran the clock on it, 48 hours,’ Sessions adds, when asked how long it’ll take Boehner to unveil the leadership’s plan.

Scary Clowns at PDC2008 Party at Universal Studios by D.Begley
But even as Boner T. Redclown was busy juggling and formulating his strategery, out of a dark corner of Ring 1 came the nearly-famous Ryan T. Redclown who was once Mittens T. Redclown’s second in a clown duel with the Ringmaster. It appears that Ryan T. Redclown has been working on a little strategery of his own as he loaded the cannon with an op-ed from the Clown Street Journal which he fired off at the Ringmaster and the blue clowns in Ring 3.

In an editorial voice sweeter than the Circus’ cotton candy, Ryan T. Redclown turned away from the stage and projected his message at the audience in calm and reasonable tones. Why, his message was just like that of the Ringmaster:

obama ryanIf Mr. Obama decides to talk, he’ll find that we actually agree on some things. For example, most of us agree that gradual, structural reforms are better than sudden, arbitrary cuts. For my Democratic colleagues, the discretionary spending levels in the Budget Control Act are a major concern. And the truth is, there’s a better way to cut spending. We could provide relief from the discretionary spending levels in the Budget Control Act in exchange for structural reforms to entitlement programs.

Who knows what this means? But it’s interesting, especially when you compare it to what the president said today:

‘I’ve put forward proposals in my budget to reform entitlement programs for the long haul and reform our tax code in a way that would close loopholes for the wealthiest and lower rates for corporations and help us invest in new jobs and reduce our deficits. And some of these were originally Republican proposals, because I don’t believe any party has a monopoly on good ideas. So I’ve shown myself willing to go more than halfway in these conversations, and if reasonable Republicans want to talk about these things again, I’m ready to head up to the Hill and try. I’ll even spring for dinner again.’

Why, it sounds like Ryan T. Redclown is eager for yet another round of Grand Bargain Fever with the Ringmaster! Oh, wait, what’s that, oh my, I think there’s going to be music in the air… Yes indeed! The Grand Calliope is being drawn in by horses to play soothing music…

Yes, the Ringmaster is cautiously optimistic that a Grand Bargain short term deal can be made and a faction of the red clowns looks like they might go for it…

Calliope,_the_wonderful_operonicon_or_steam_car_of_the_muses,_advertising_poster,_1874The Obama administration on Monday indicated it could support a temporary increase to the nation’s borrowing limit to give Republicans and Democrats, locked in a bitter fight over funding government operations, more time to negotiate a longer-term solution. …

Other Republicans said the time had come for conservatives to relent in trying to link government funding with measures to dismantle the health law. Senate Democrats have rejected multiple bills approved by House Republicans to fund federal agencies while also delaying or scaling back the health law.

‘The question now is whether the people who fell for the Cruz folly will recognize that it was built on a false premise,’ said Rep. Devin Nunes (R., Calif.), referring to Texas Sen. Ted Cruz and other conservatives who pushed Republicans to call for defunding the health law as a condition of financing government operations. ‘The whole thing was a joke from the beginning.’

Oh, looky there! The red clowns are admitting that the whole attack on the Ringmaster’s “One Big Accomplishment” was nothing but a clownish prank to start with! The question that is being promoted is, on whose terms will the audience be robbed, the red clowns’ or the Ringmasters? In point of fact, since the red clowns and the blue clowns and the Ringmaster are all in the pay of the Beltway Bigtop funders, it has always been the funder’s terms that will ultimately decide the terms of the robbery of the audience.

The Market That Didn’t Bark

 

Clown dog
Speaking of those Beltway Bigtop funders, many of the red clowns are at pains to assuage their fears about the possiblilty of a default, saying that a default wouldn’t be that bad:

‘It really is irresponsible of the president to try to scare the markets,’ said Senator Rand Paul, Republican of Kentucky. ‘If you don’t raise your debt ceiling, all you’re saying is, “We’re going to be balancing our budget.” So if you put it in those terms, all these scary terms of, “Oh my goodness, the world’s going to end” — if we balance the budget, the world’s going to end? Why don’t we spend what comes in?’

Many of the Beltway Bigtop funders, whose entire existence revolves around the stability of markets are suddenly less than thrilled with the red clowns’ strategery:

Veteran Republican fundraisers are increasingly alarmed by the defiant stance of hard-line conservatives amid the federal government shutdown, prompting fears that many key donors may be restrained in their giving going into the 2014 midterms.

The growing unhappiness among longtime GOP check-writers and party elders underscores the deepening divisions over the ascendant tea party wing, which fueled this past week’s shutdown and is demanding Democratic concessions in exchange for reopening the government and raising the nation’s debt limit.

While the funders are nervous, it appears that the markets themselves are not. Perhaps it is a result of the intoxication that comes of having looted the economy, gotten away with it and still being left to run rampant, but the markets are not making movements commensurate with the dangers inherent in a default:

The paralysis in Washington continued to weigh on markets. Analysts have expressed particular concern that the fight over the budget will stymie efforts to raise the budget ceiling, resulting in a US default with damaging economic consequences.

However, the market still considers a US default unlikely, said Peter Cardillo, chief market economist at Rockwell Global Capital.

‘If the markets were really fearful of a default…. we wouldn’t be down a half a percent or three-quarters of a percent,’ Cardillo said. ‘We would be down a heck of a lot more.’

vampire squid by snigl3tPerhaps the Titans of Wall Street are feeling secure because they have been so amply provided for by the Circus and their appointed retinue of government lackeys. Perhaps they feel that they can rely upon the safety net that bailed them in before:

What the Fed did with Bear Stearns was highly controversial. They utilized the [exigent circumstances clause] without technically breaking any laws. Are we saying that we will bailout a stupid investment bank, but we won’t bailout the US Treasury using the same clause? That would be madness.

Or perhaps they’re not worried because, well, they pay for the clown show as a distraction and they know that their hired clowns will fall into the roles that are assigned them.

The blue clowns will, rather than making their own demands and fighting for what 99% of the audience wants, claim to be battered spouses in a relationship with an awful abuser:

Remember how Republicans ‘won’ the 2000 election? Remember how they tricked the country into going to war in Iraq? They used non-democratic means to get what they couldn’t get legitimately, and it worked, so they did it more. They got used to getting their way using bullying, so they did it more. Now it’s flat-out hostage-taking. And they’re doing it more.

Again and again, Republicans take a hostage and demand something they could not get through elections or the legitimate constitutional legislative process. … They continue these tactics because it is getting them what they – and the billionaires and giant corporations who fund them – want. They do it because it works. And then they do it again, because it worked.

But who do the blue clowns’ actions serve? When time after time, they “compromise” with the red clowns, who are, after all, only doing what their funders demand, are they not giving the funders what they want, just more slowly than they want it?

Perhaps the market’s failure to react in horror to the horrors that are being presented is merely a reflection of the fact that they own the Beltway Bigtop and the clowns work for them.

Who should the audience root for, red clowns?

When Paul Ryan talks about ‘reforming’ entitlements, he’s talking about eliminating them, because he does not now believe — nor has he ever believed — that Social Security, Medicare, and Medicaid are legitimate functions of the national government. He will get rid of them piecemeal if he has to do so, but he is as dedicated to their elimination as he ever was when he was mooching off my money. When Paul Ryan talks about ‘reforming’ the tax code, he doesn’t mean making sure the people to whom all the money has been shoved upwards over the past four decades start paying their fair share again. He means ‘broadening the base’ — You pay more. Jamie Dimon doesn’t. — and he means ‘lowering the rates’ — on the people who buy him his $4000 bottles of wine — and he means ‘simplifying the code’ — eliminating loopholes for the 20 minutes it takes before tax lawyers open up a hundred new ones.

Or blue clowns?

‘This is a confidential document, last offer the president — the White House made last year to Speaker Boehner to try to reach this $4 trillion grand bargain. And it’s long and it’s tedious and it’s got budget jargon in it. But what it shows is a willingness to cut all kinds of things, like TRICARE, which is the sacred health insurance program for the military, for military retirees; to cut Social Security; to cut Medicare. And there are some lines in there about, ‘We want to get tax rates down, not only for individuals but for businesses.’ So Obama and the White House were willing to go quite far.’

 

Colourful Clowns