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Sen. Ted Cruz (R-TX) continued this week to be in denial for his role in the 2013 government shutdown even after ABC’s Jonathan Karl told him, in an interview that aired on Sunday, that this claims to the contrary were unbelievable.

When it came to the government shutdown over President Barack Obama’s health care reform law — that even House Speaker John Boehner (R-OH) blamed on tea party-backed Republicans — Cruz insisted that his hands were clean.

“You have had a couple of months to think about this whole government shutdown strategy,” Karl said. “Now that it’s over in hindsight, are you prepared to say that it was a mistake, it wasn’t the right tactic?”

“I think it was absolutely a mistake for President Obama and Harry Reid to force a government shutdown,” replied a defiant Cruz.

“No, I mean, but come on,” Karl shot back. “I mean we’re a couple months away from this, the only reason why this happened is because you insisted, Republicans insisted that Obamacare be defunded as a condition of funding the government. If you didn’t — if you took away that insistence, there would be no shutdown. I mean, really.”

http://www.rawstory.com/rs/2013/12/29/abc-reporter-calls-out-ted-cruz-come-on-the-shutdown-was-your-fault/

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Saudi Arabia cautiously welcomed Monday a deal reached between world powers and Iran, describing it as a possible initial step toward reaching a comprehensive solution for Tehran’s nuclear program.

The statement by the Saudi Cabinet was the first official reaction from the kingdom to Sunday’s deal. Saudi Arabia, the Gulf’s main political power, has previously expressed unease about U.S. outreach to Iran, and Gulf countries generally view any normalizing of ties between Tehran and the West as a direct threat to their own stability.

The Cabinet statement, released by the official Saudi Press Agency, said that if there is “goodwill” then a comprehensive solution would also entail a Middle East free of weapons of mass destruction, a reference to Israel’s presumed arsenal.

“If there is goodwill, then this agreement could be an initial step toward reaching a comprehensive solution for Iran’s nuclear program if that leads to the removal of weapons of mass destruction, especially nuclear weapons, from the Middle East and Arab Gulf,” the Saudi government said.

The government added that it hopes the agreement is succeeded by “important steps” that ensure the rights of all countries in the region to use nuclear energy for peaceful purposes.

Qatar, Bahrain, Kuwait and the United Arab Emirates have already issued statements welcoming the nuclear deal.

http://abcnews.go.com/International/wireStory/saudi-iran-nuclear-deal-step-21002574

Posted November 26, 2013 by tmusicfan in Politics, Quote of the Day

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Nobel prize-winning economist Paul Krugman on Sunday explained to Wall Street Journal columnist Peggy Noonan that she was wrong to slam President Barack Obama for not compromising with Republicans on the debt ceiling because you don’t negotiate with “hostage takers” who are trying to “blow up the world economy.”

“The White House position, which is right, is that there should be no bargaining over this,” Krugman told a panel on ABC’s This Week. “If the Republican majority in the House wants to cut spending, let them propose legislation that cuts spending and pass it, not hold America hostage.”

“We should not allow this to become or be thought of as a legitimate budget strategy,” Krugman warned. “This is hostage taking, this is walking into a room and saying, ‘I’ve got a bomb, give me what I want or I’ll blow up this room.’ This has never happened before and should not be allowed to happen.”

“This is much scarier that the fiscal cliff because we don’t know what it does,” he continued. “What we do know is that U.S. government debt is the global safe asset. It is what every financial transaction relies on as the ultimate, this is what value consists of — and better than gold, better than anything. U.S. Treasury bills are the thing. If they are called into question, nobody knows what happens.”

Noonan, however, insisted that the president “should be sitting down and talking with those who would attempt to move forward on spending.”

“I consider it unusual that this president can never make a deal with those folks,” she opined.

“This is not something you negotiate over,” Krugman shot back. “You do not negotiate with hostage takers. That’s the White House position. They’re right about that. You just don’t negotiate on this. You can negotiate on the sequester, you can negotiate on taxes, but not on someone who is threatening to blow up the world economy if he doesn’t get his way.”

“My goodness,” Noonan replied. “That appeared to be the White House position on the fiscal cliff just a month or two ago. Why can nothing ever be worked out? We do have a president, we do have legislative leaders, we do — it should be noted — have a spending crisis in America. It is not an eccentric thing to worry about the amount of spending that America does.”

“You don’t do it this way,” Krugman disagreed. “This is a doomsday, this is really saying, ‘I will blow up world unless you give me what I want.’ And you don’t negotiate on that.”

http://www.rawstory.com/rs/2013/01/13/krugman-schools-noonan-dont-negotiate-with-republicans-who-want-to-blow-up-the-world/