By Bill Maher
"I think we need to have that moment where we realize [we're] going broke. If the debt ceiling isn't raised, that will sure as heck be a moment. I think, personally, it would bring stability to the world markets."
That's Ted Yoho, freshman Republican Rep from Florida, talking to The Washington Post. And he should know, because until last year Ted was the Vice President of Global Strategy at Citigroup. ...Oh, I'm sorry, he was actually a large animal veterinarian. With zero economic or political experience.
When people talk about the 30-40 Tea Party know-nothings driving this country towards default, Ted Yoho is one of them.
"I see one side of our government, or two-thirds of it, running 100 miles an hour toward socialism," Yoho said, meaning President Obama and the Democrat-led Senate. "You're seeing the tremor before the tsunami here. I'm not going to raise the debt ceiling."
Sounds like a reasonable man. Well, here's a fun number for Ted, which he'll ignore because it is a big one: $517 billion. That's the amount Lehman owed when it filed for bankruptcy on Sept. 15, 2008, which started the financial collapse and the Great Recession.
And here's an even bigger number: $12 trillion. That’s the amount of outstanding government debt. It's 23 times as large as Lehman. That's what idiots like Ted Yoho are fucking with.
And the fun part is: most of the people in Ted's ultra-conservative district agree with Ted. In north central Florida, being a moron and a hostage taker is a big winner.
Ladies and gentlemen, I give you the modern day Republican Party.