THE IMPLICATIONS OF A POST “NUCLEAR OPTION”ENVIRONMENT FOR THE SENATE HEALTH CARE VOTE
Exclusive: The Implications of A Post â€˜Nuclear Optionâ€™ Environment for the Senate Health Care VoteC. Austin Burrell
We find ourselves now less than 48 hours from a projected House Vote on the Healthcare Reform Legislation. From there, the plan of the majority is to send their House version of this bill to the Senate for passage under the terms of a â€œBudget Reconciliationâ€ requiring only 51 votes for confirmation.
This option for the passage of legislation by these means is well known as the so-called â€œNuclear Optionâ€ for abuse of minority rights to get legislation passed when conventional and generally accepted processes canâ€™t produce the necessary 60 votes for cloture, the shutting off of debate. It is the ultimate declaration of legislative war, and I would expect it to be the end of any pretense whatsoever of â€œbi-partisanshipâ€ in either the House or the Senate for the foreseeable future.
The tricky part of using this kind of â€œNuclear Optionâ€ to pass a controversial piece of legislation is that the total ownership of the outcome belongs to the majority party, lock, stock and barrel. As they move to the 2010 mid-term Elections, you can expect the opposition to jam this where the sun doesnâ€™t shine for each and every candidate who voted to go along with this totalitarian approach.
The record number of seats lost recently was in the 1994 mid-term elections, when 50+ seats were lost by the Democrats to the Republicans under Newt Gingrich. They came with a promise to reform the system, but within two terms, they were eaten alive by the existing system of lobbying and spoils, and their promises to America and its people were broken wholesale. They wonâ€™t get a second chance to blow this. They get it right this time, or socialism will be the system of government taught to our young people.
It is now clear as a bell that leftists are in control, and they envision a drastic change in not only our government, but our economy, shifting to a fascist system with minimal individual rights, tied to a socialist/communist economic platform which will kill off most of capitalism as it exists today.
Few, if any, really understand what the â€œNuclear Optionâ€ will mean to American legislative process. The next move they will make is to use this same option to pass the monstrous â€œCap and Taxâ€ bill, which will emasculate the economy more effectively than anything ever planned by our Soviet opponents. You will see the total breakdown of any kind of communications and exchange between the two major parties, neither one of which has proved itself worthy of any respect. We will see an unprecedented legislative paralysis in the House and the Senate, except for one more initiative for legislators to spread more pork in their districts before the 2010 elections with a second stimulus bill. When the American people realize what has been done to them economically and politically, they will be turned into headhunters. I can see no politician worthy of being allowed to hold elective office if they support the terrorisms of the Healthcare Bill, and of the Cap and Tax Bill. They will be publically vilified, then castrated politically
Someone had better wake up and smell the smoke. The political firestorm headed at our system of government was never hypothesized in our 9th grade civics classes, now long gone to the liberalsâ€™ agenda. I donâ€™t want to wait to see the outcome. If you arenâ€™t counted as being against this, you are standing in line with the people supporting it. Those latter citizens are betting it all on a system that couldnâ€™t care less if they live or die, preferably the latter, sooner rather than later, but not before the government strips them and their families of everything they have. Decide now where you will stand, or have it decided for you. Shame on you if you choose the latter option.
We could be looking at the beginning of the end of this country as we have known it. If so, somebody had better be prepared for total and unflinching sacrifice. Not everyone will roll over for this.
FamilySecurityMatters.org Contributing Editor C. Austin Burrell is a corporate finance generalist with over 30 years of Wall Street and related experience. He was a senior derivatives specialist and development stage company investment banker for more than 35 years on Wall Street.He is a 1968 Graduate of the U.S. Military Academy and a graduate of the Armyâ€™s Finance Officer Advanced Course.
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