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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 18, 2011 / 14 Iyar, 5771

A winning GOP debt gambit

By Dick Morris And Eileen McGann




http://www.JewishWorldReview.com | Here's how the House Republicans can pull the rug out from under the Obama administration's strategy of threatening them with government default if they don't agree to a $2 trillion increase in the debt limit:

House Republicans should pass legislation conditionally raising the debt limit by a small amount — 100 billion or 200 billion — with the borrowing authority to be used only in the event that the Treasury Secretary certifies that it is necessary to avoid default on our credit obligations and that the funds borrowed under this authority will only be used for debt service payments, not for government operating expenses.

As the House Republicans face off with the Obama administration over the debt limit, they should take care to separate a government shutdown — which the country would accept for a short period of time in a battle to cut government spending — and a credit default, which nobody would accept and must never happen. The strategy of the Obama administration is, of course, to merge the two possible outcomes of a deadlock and to argue that we must protect the full faith and credit of the United States.

Of course, a debt default — even of short duration — would be horrific and destabilizing. And, of course, it is unnecessary. With Washington taking in $2.2 trillion in tax revenues annually, it can easily afford $250 billion in debt service without resorting to borrowing. The borrowing is needed to finance government spending, not debt service. Sen. Pat Toomey, R-Pa., has made this same point extensively, and he is quite correct.

But if the GOP holds firm in demanding big spending cuts in return for raising the debt limit, the administration will lambast the Republicans for pushing the U.S. toward default.

Republicans should call his bluff by conditionally raising the debt limit only by as much as might be called upon to satisfy the next few months of debt service.

Such legislation is, of course, unnecessary. Not only does the government have more than adequate revenues — without borrowing — to avoid default, but the treasury secretary has a duty to use these revenues to do so. But in the media war over the debt limit, the Treasury Department has and will succeed in spreading the impression — however false — that Republican obstinacy is imperiling the nation's credit. The echo chamber of banks and global financial institutions will repeat this mantra until it becomes the accepted national wisdom.

Confronted with such opposition, there is no reason to suppose that House Speaker John Boehner will show any more courage over the debt limit than he displayed in the continuing resolution battle earlier this year.

But with an explicit bill authorizing borrowing to pay debt service, the prime administration argument against the Republicans is made moot. There is no need to accept the word of Republicans that borrowing is not needed to meet debt service. Borrowing will be explicitly authorized for this purpose.

If the Senate refuses to pass this limited expansion of the debt limit, the blame for any ensuing default will rest squarely on the Senate Democrats and the administration. Their little game will be exposed for the fraud that it is.

If Republicans trigger a government shutdown — even if it involves a temporary halt to Social Security payments and troop salaries — Americans will accept it. They know that we are deeply in debt, and they agree with former candidate Mike Huckabee that appealing for an increase in the debt limit without reining in spending is like begging credit card companies for an increased line of credit when one is already maxed out and overextended.

But default is scary and dangerous. The administration will succeed in staring down the GOP if the issue is default. But an amendment — even a one-house amendment — conditionally raising the debt limit blocks President Obama from implementing his chosen strategy.

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