The AP has an "Analysis: GOP policies led to fiscal cliff blowup". Google it for a clear, accurate, independant assessment. One word summary: Dysfunctional. 3 words: Out of touch.
"...uncompromising...Republican Party is reeling ...strangled Boehner's bid to position his party behind a tiny concession ... intransigence in the face of a narrowly divided U.S. electorate dismays Republicans who say compromise can be vital to a party's survival....The collapse of Boehner's tax effort "weakens the entire Republican Party," said Rep. Steve LaTourette, R-Ohio... "It's the continuing dumbing down of the Republican Party," he said, "and we are going to be seen more and more as a bunch of extremists that can't even get a majority of our own people to support policies that we're putting forward. If you're not a governing majority, you're not going to be a majority very long... "The national GOP is now simply a collection of warring tribal factions." ...
Democrats this year won more House votes nationwide than Republicans did. And Republicans have lost the popular vote in five of the last six presidential elections... For some time, signs have indicated the Republican Party is shifting away from majority public opinion on key issues. They include taxes and spending...Polls nonetheless show that key GOP policies are drifting from mainstream American sentiment. "
The idea that the Pez is not willing to negotiate is absurd. One can read about the negotiations and the positions of the various players in the excellent Bloomberg summary: Lawmakers Say Time Short to Reach Deal on Fiscal Cliff
What Obama is not willing to do is implement Mitt Romney´s tax plan, which makes sense since we know who won the election, and now we know who didn´t even REALLY want to be President. (Turns out the loser is a sore loser and we get sour grapes to go along with all the lies and obfuscation.)
So, basically, the GOP is holding the nation hostage, sending us over the cliff, to obstruct a mild tax increase that would fall on 2% of taxpayers and 3% of small businesses... those most able to pay.
"Libertarian Party" has the same oxymoronic ring to it as Anarcho-Syndicalism, or Military Intelligence. Its a party where everybody brings their own bottle - and gun. Theme song: Dancing with Myself. LOL
I was interested in Libertarianism for a while, so I understand the attraction. Ultimately, the principles are fine for Home on the Range, but unrealistic for a complex, urban, society, much less a hugely interconnected global mega-plex.
What we have with the Tea Party is a tyranny of the minority, and this is one of the big problems in political systems that fragment into a number of small parties. These systems are inherently unstable b/c the balance of power can be tipped by a small voting block. That block - in some cases an extremist block - wields power disproportionally.
The USA has done well under a 2 party system. I hope we don´t see the political fragmentation, the political version of Musical Chairs, that destabilizes, Israel, Italy and other countries.
It appears you can never have the last word on anything. I still maintain people like you should be stripped of the privilege to invest, because this is a direct component of capitalism. I'm not trying to pick a fight or be argumentative. Day after day you post about Obama and the evil GOP. So, my taxes will go up. As my mentor said yesterday...who is a Liberal..."who cares?" I care, based on principle. When I say he is my "mentor," I mean so only by his even-tempered approach to investing. Certainly, we don't agree politically. There will be a revolution in this country...I may not be around to see it, but surely it will come.