Negotiations generally occur when two parties want the same thing but remain apart as to the size or the extent of the issue in question.
On the other hand, war is declared when two parties with differing views are resolute in their positions.
Obama, Biden, Boehner, Ryan, Reid, Pelosi, McConnell, McCain, and the rest of the unprincipled legislators who voted for this most recent tax bill abomination all settled for the same thing – higher taxes and increased spending.
The Democrats got exactly what they wanted.
The Republicans, once again, refused to stand toe-to-toe for fear of not being re-elected.
Make no mistake, the most recent “cliff” vote was not about principle, it was all about appearances.
Thus, there would be no war.
In addition, we learned that spending cuts were postponed, yet we all know that is code for never.
The rationale for the Republican position can be summed up by the GOP in three phrases, “it was the best we could get,” “it will put us in a better position to negotiate cuts later,” and “it would disrupt too many people and too many lobbyists if we didn’t agree.”
People who truly believe in their position do not agree to take anything less.
Men and women of principle stand on principle, no matter the impact or the outcome.
Unfortunately, that type of person is very difficult to find these days and they’re certainly not present within the upper echelon of Republican leadership.
Had Boehner or McConnell been advising Abraham Lincoln about the freeing of the slaves and the 13th Amendment, history would be far different today.
Lincoln, knowing that the abolishment of slavery would destroy businesses, impose hardships on many people, and that it could possibly be a major reason for a civil war, remained firmly resolute and flat-out refused any form of negotiation.
The South wanted as many as 100 slaves per family, Lincoln wanted no slaves.
I’m sure both Boehner and McConnell would have tried to settle for something in between. Higher taxes and increased spending are systematically tearing this country apart, just as slavery was doing 150-years ago.
Abraham Lincoln stood firm because he knew what was right and he was a man of principle. Sadly, the Republican leadership didn’t persevere nor did they stay true to their beliefs. Sometimes, it must be war no matter the fallout.
Along with his 40-years of dedication in the financial services industry, Bill is the President and CEO of GPSforLife, has recently authored a highly successful book entitled 44th: A Presidential Conspiracy, publishes his dynamic monthly financial newsletter MacroProfit, and faithfully continues his third decade on the radio with It’s All About Money, which can be heard weekdays on Money Radio in Phoenix and in podcast form on his website (and on smartphone apps) published at billtatro.com weekdays at 5pm Eastern. Bill can be reached via email at firstname.lastname@example.org and on Twitter @tatroshow.
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for October 31st, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 29th, 2014 | John Ransom