Howard Fineman on Monday's Hardball:
Matthews asked the Huffington Post’s Howard Fineman why he thought the GOP was taking a tough stand on the debt ceiling negotiations. (h/t Ian Schwartz, Real Clear Politics video)
“What’s going on here as I see it is a kind of slow-motion secession,” Fineman said. “This is an ending of the social compact. This is two, three generations worth of agreement about Social Security, about Medicare, about the role of the federal government.”
“The Tea Party people are saying, ‘We want to secede from that society. And the way to do it is to draw the line on spending and taxes, to starve the federal government so that it loses power, so that we aren’t part of the social compact anymore.’ And that’s the real argument that’s going on, and the Congress as an institution is incapable of dealing with that kind of fundamental argument, which given the entitlement age and welfare state age, which is why you have the super committees and super-duper committees and the smaller and smaller ring of people attempting to decide something,” Fineman said.
.....
From Chris Matthews'
Hardball, July 27, 2011:
.....
FINEMAN: Well, I‘m in New York today, Chris, and while I was here, I was talking to some business leaders. One of them I talked to is James Tisch (ph), who‘s the head of Lowe‘s Corporation—
MATTHEWS: Sure.
FINEMAN: -- somebody I‘ve known for a long time, very smart guy, a Republican. And, you know, he professed to be calm. But on the other hand, he said, You know, I think everybody underestimated the Tea Party. That means even the establishment Republicans like Jim Tisch and the Chamber of Commerce types and others who helped elect all these people—you know, maybe they were kidding themselves, the establishment Republicans.
They thought they could tame this crowd or this crowd would be practical. You know, what Jim told me is, you know, I would think, he said, that people who were idealists would also at some point be practical.
But of course, everybody‘s holding their breath to wait to see if that‘s going to be the case. I talked to one of John Boehner‘s staff people a little while ago. I said, What‘s going to happen? He said, you know, We‘re going to get the score we want, and we‘re going to pass the thing. But if you talk to the White House people, as I was also doing, they predict that the Boehner bill will never get out of the House.
MATTHEWS: Well, I think you should tell Mr. Tisch, your pal, your Republican friend, to go see “Last of the Mohicans.”
Buyers' remorse, Mr. Tisch?
Guys like these are really, REALLY
in a panic right now, because they know that if the tea partiers don't dismantle their Wall Street gold-plated fiefdom, the rest of the country will.