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Subscribe to RSS“The White House on Tuesday released a two-sentence veto threat against the House Republican plan to cut $1.2 trillion over 10 years, raise the debt ceiling by $1 trillion and set up another $1.8 trillion in cuts by the end of this year,” The Hill reports.
(But read the statement carefully. It says “the President’s senior [advisers] would recommend that he veto this bill.” It doesn’t say the president would veto it, just that adviser would recommend he do so.)
“Financial institutions across the country were reviewing their holdings, preparing contingency plans, and working to calm anxious investors as the government moved another day closer to defaulting on its financial obligations,” the Boston Globe reports. “While most banks and investment firms expect Congress to strike a deal, they are nonetheless preparing for what might happen if lawmakers fail to lift the debt ceiling and avoid a default by next week’s deadline.”
The Wall Street Journal makes the same point. “While companies generally expect Washington to resolve the debt-ceiling impasse at the last moment, they are lining up extra sources of financing, and carefully husbanding cash just in case a deal falls through. All the uncertainty comes just as businesses were starting to spend some of their record piles of cash. The confusion is also giving them another reason to delay hiring and investment.”
“Voters will get the chance to decide whether Ohio can opt out of the national health care overhaul after the state’s top election official said yesterday that opponents of the federal law have enough signatures to put a constitutional amendment on the Nov. 8 ballot,” the AP writes. “Secretary of State Jon Husted determined that supporters of the amendment, which would prohibit Ohio from participating in the federal Affordable Care Act, had gathered 427,000 valid signatures. They had submitted more than 546,000 and needed roughly 358,000 validated to make it onto the ballot.”
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Dear GOP/TParty:
Don't read this as ambiguous. Obama WILL veto the Boehner plan.
That's what they ALWAYS say when a veto is coming. The advisors send the message, but the President doesn't have to get his hands dirty until the bill actually passes.
Call his bluff if you want, but you've been warned.
Dear Liberal Democrats:
Don't read this as ambiguous. Obama can veto all he wants. A default is a defacto balanced budget and I am OK with that. The Balanced Budget Amendment is THE core principle of this debate. We can pretend it is debt ceilings, cuts, or AAA credit ratings. If you want success, have a balanced budget. If you want to kick the can down the road do everything except balance budget.
The president does not want a balanced budget because it threatens the ability to fund Obamacare. But 75% of Americans support a balanced budget and 49 out 50 states already have one. So who is out for the American people and who is out for personal gain?
Boehner told Repubs in a meeting: "Get your ass in line."
The American People (who Boehner et all like to speak for without permission!)
- the citizen voters of the USA - to Boehner and the GOP:
"Get out of the way so the country can heal and we can get back to work!"
Rational American - Is it very rational to have such deep budget cuts that it throws us into a depression. You must have been one of those students that didn't study very well the lessons of history. If you had you would have understood that coming out of the Great Depression in 1937, Roosevelt decided under intense pressure from Republicans in Congress to institute an austerity program after spending massive amount of federal money on various programs to deal with the unemployment situation. With those deep spending cuts came another round of a depression followed by high unemployment. So I just don't know what you're after if you think that deep spending cuts will somehow invigorate our economy. It will not. It will have opposite effect and make the recession worse and increase unemployment. Now I'm sure you really do mean to have that effect on our economy so you can then blame President Obama and hope to be able to throw him out of office. I suggest this Republican scheme will backfire badly.
Laurie - Is it rational to spend ourselves into oblivion? We are arguing over saving $2 dollars when we are going to spend $10 (trillion). Is that rational? Sounds like my wife when she goes shopping and comes back and tells me how much she saved because it was on sale. Never mind the bank account got smaller.
I do not agree with Keynesian economic policy requiring spending and spending and spending as the only way out of a recession. I believe you must invest some but Obama's stimulus generated a short term job for every $280K spent. Wow! I could've hired a bunch of engineers for that kind of coin. Instead we propped up state budgets for one year for almost a trillion dollars of freshly printed paper.
I have no scheme. I want a balanced budget just like I have at home and 49 out of 50 states have in their constitutions. I want people to spend our money wisely, not to pander for votes. I want to live in the ascendency of our country not its demise.
My feelings. Peace.
I don't really take to heart anything that comes out of the White House these days!
I hate to accuse a president of lying, but President Obama is selling a massive fraud to the American people by warning of a catastrophe if the debt limit is not increased. There will be no catastrophe unless the president goes out of his way to will it and create it.
Federal spending averages about $300 billion per month. Federal tax collections run to about $180 billion. Our vital obligations are a lot less than that: Federal debt service is about $25 billion per month. Social Security is about $58 billion per month. The entire defense budget also is about $58 billion per month. Tax revenues are more than sufficient to fund each of these items if the president chooses to allocate federal tax money to this purpose.
Confronted by a congressional refusal to raise the debt limit, the president will have a choice as to where to allocate the tax revenues that will continue to flow in. If he wishes to cause a catastrophic crisis by deliberately routing the money to purposes other than debt service, he can do so. If he wants to trigger a massive political crisis by withholding tax revenues from Social Security or military pay, he can do that, too. But these decisions are his to make. He could do the responsible thing and make sure these vital expenses are paid and withhold money from the run-of-the-mill federal bureaucracy, closing or restricting the activities of the departments of Labor, Agriculture, HUD, State, Justice, Commerce and the various boards and commissions. American can do very well without an FCC or an FTC or an NLRB for a few days or weeks.
The real political threat to Obama is that the debt limit is not increased and few people notice any change in their lives and nobody much cares. So some will have to wait a few more weeks for passports. So what?
The president is likening the government shutdown that would follow failure to raise the debt limit to that which took place in 1995-96. But in those years, there was a prohibition against spending money Congress had not yet appropriated. Now it's perfectly legal to spend any money that comes into the Treasury; there just won't be as much of it, because the debt limit will preclude further borrowing. The president still can fund any 60 percent of the government he wants (the proportion that comes from tax revenues).
In his speech to the nation Monday night, Obama used tricky words to camouflage these obvious facts. He no longer spoke of defaulting on money we owe, but instead used the more vague phrase "defaulting on our obligations." By that he means our obligations to the bureaucrats, not to our creditors.
Since when are we obliged to fund the bureaucracy? The Congress voted the money, but if it rescinds the borrowing authority, the money won't be there and it won't be spent.
Obama's entire strategy is to conceal his real goal: protecting every last desk in the bureaucracy behind a facade of threatening to close the most popular and fiscally necessary programs. He's like a local mayor who knows that nobody is going to get hot and bothered if the commercial licensing bureau gets closed for a few days, so he warns that teachers and police will have to be laid off if there are budget cuts.
The House and Senate are close to a deal. They both agree to raise the debt limit without tax hikes. The Senate wants it raised by two years, the House for one. The Senate is pushing to include accounting gimmicks like ending the wars as a savings; the House is resisting. But these all are bridgeable gaps. None of these differences are causes for a breakdown. The only player who is holding out for tax hikes is the president, who has staked out a position to the left of his senators. It's time for him to come in from the cold.
When the Teapublicans were elected to the House in 2010 they told us their agenda was jobs, jobs, jobs. It wasn't, wasn't, wasn't.
Now, these so called "fiscal conservatives" are committing hari kari all over our credit rating. Frankly, I'm terrified we will default, and that is not a state you want consumers and investors to be in. There goes the myth Republicans are better at handling the economy.
From the Center for Budget and Policy Priorities, on Boehner's budget proposal:
"House Speaker John Boehner's new budget proposal would require deep cuts in the years immediately ahead including Social Security and Medicare benefits for current retirees, the repeal of health care reform's coverage expenses, or wholesale evisceration of basic assistance programs for vulnerable Americans. The plan is, thus, tantamount to a form of "class warfare". If enacted, it could well produce the greatest increase in poverty and hardship produced by any law in modern history. This may sound hyperbolic, but it is not. The mathematics are inexorable."
Robert Greenstein.
Mark I basically agree with everything you said. This fraudulant President cannot make a right decision
on his own. He has to have advisors tell him to veto what doesn't suit them. He has appointed
sympathetic communists like himself in his cabinet and they are the ones that is making the decisions
for him. If you don't believe this President is a Marxist you are very naive given the direction he is
taking our country on the road to destruction.
Tom:
Proof please:
and
Please link to facts that prove your claims. If you cannot do so, cease spreading these lies.
Don't hold your breath. Tom is the typical lying Tea Bag. He watches Fox and hangs on every word that comes out of the right wing talking machine.
Biweeler come on haven't you watched any of his videos and heard
him in so many words telling us who he is.
Devie:
Bingo.
Calling them out usually makes them disappear for a while. They rant...but they don't want a real discussion about the facts.
And, Tom, how is he a "fraud"? If you were talking about Bush between 2001 and 2005, then you would be correct. President Obama, though, was elected by one of the greater margins in recent history.
Bilweeler proof that his President is a Marxist;
Marxists take over corporations and bailouts and confiscate our guns.
What did Hitler do? Tell me this President isn't following the same
pattern and I'll say you can't see any further than the end of your
nose.
Tom:
Fail.
You didn't answer my question. You didn't link to proof of your claims. You actually did nothing but take up space here.
OK...so now you claim that Obama has told us "who he is." Show me a link that proves that Obama said he is a Marxist, a communist, and a fraud.
And by the way, stop digging. You've created a sufficient hole already.
Amy, in 2010 elections we saw an amazing landslide generated in part by the upstart Tea Party. Extending the Bush tax cuts and jobs will be generated was part of that election. But we were deep in a recession and extending the Bush tax cuts only kept unemployment from getting higer.... the House became more fiscally responsible and spending was slowed, the Senate however remained in the democrats control.
What happened in 2010 was great for the country, but not enough to inspire confidence in the economy from the banks and corporations who could create those jobs. But they all were worried about the 'hidden' costs of obamacare which was shoved down the country's throats by obama, reid, and pelosi.... that is the primary reason few new jobs were creatied, and that's the primary reason unemployment is just as high today as it was early in obama's term. The banks and corporations are holding on to their extensive cash reserves until they can quantify the effects of socialized heath care derisively called obamacare! Now they are also worried about increasing interest rates across the board due to default, because of obama's failed attempts to get a deal on this debt/defict crisis. Don't blame the Republicans or the Tea Party for two problems caused by the administration's free spending for 3 years!
The solution rests with Obama, but rather than be a leader he can only wag his finger at the country!
Bilweeler you crack me up you are so blind and proud of it.
Talk about blind, Tom! You have nothing but your observations and innuendo, no facts. You should stop coming to a gunfight with a knife.
Tom, Tom! No! Don't! Stay away from the light, you might learn something!
Obama is not a communist, but he clearly has strong socialist ties and is clearly anti-business. I still remember when he delayed meeting the CEO of British Petroleum for weeks after the Gulf oil spill started. He said he wasn't interested in meeting the guy because "all those guys are alike"!! Is this something we expect from our President... avoiding contact with businessmen? Which reminds me, his moretoreum on off shore oil drilling cost about 80,000 jobs, didn't it! Can't blame the Tea Party for that one either.
Let's hope the threat of a White House veto in the debt/deficit agreement is just a threat.... again!
The Republicans are going to make Obama commit to something BEFORE the election, which will be his downfall. They arent going to let him slide and take the chance of him getting another 4 years to finish screwing up the county.
Tom:
I guess I must be blind. I never saw Obama do anything to take away a single gun from anyone. I did not see or hear him admit that he's either a Marxist or Socialist. Nor did I hear about the 6,000,000 Jews he executed, nor about the World War he started.
Since I missed these events, please let me know where I can study up on them.
Really. Your credibility gap is showing.
"Fathom the hypocrisy of a Government that wants to require every citizen to prove they are insured (health insurance), but does not require them to prove that they are citizens!"
This statement just about sums up this administrations' HYPOCRISY. Hey Mr.President, following the basic laws of the govt. is NOT your strong suit. 2012 can't come soon enough.
Oh please. Hospitals will treat you whether you have health insurance or not. They don't let people die on their doorstep. If hospitals are forced to help everyone, than everyone should have health insurance (or pay the fine.) It's as simple as that.
So explain to me Amy, why would someone have to pay a fine? Geez, are you saying heath care is not free? Here's the bottom line, about 47% don't pay taxes, so I'll assume that 47% won't pay into heath care (ObamaCare), the other 53% will have to pay for them-right? Do you think that's fair or am I totally in the dark on this?
Geez, just think, free health care, free money, free food, man what a plan!! Sign me up!!! That has to be the new American dream!!! Maybe free education too, but then I would have to find a job, ok scratch free education.....
Paul-Florida: You summed it up. You see, the Dems want their constituents to have free everything, especially the Illegals, they are the future VOTING block for the Dems!
Paul -- no one has ever suggested that health care be free, and if you are not aware of that, you are either misinformed or you misunderstand the debate. Everyone should have access to health care and the Affordable Care Act makes that possible. Because there are ways to guarantee everyone ACCESS to health care (still paying premiums through an employer-based plan, or through "pools"), those who do not have insurance will need to pay a penalty or fine. What statistics are you citing when you claim that 47% of people don't pay taxes? Are you claiming that 47% of the population are cheating the IRS? Earn so little that they fall beneath the minimum standard for payment? Because there is not 47% of the population that is unemployed, and everyone who is employed pays something in taxes, whether or not they file a return to get anything back. It almost sounds as though you are one of those people who imagine that the neighbor is somehow getting a better deal than you are and you are jealous and resentful...I hope that is not the case.
Paul & Leona:
Do we all hear you correctly? You are advocating that the United States of America simply "write off" all citizens who do not meet YOUR standards of actions and lifestyle? 47% of our population should ...what? ...be strapped down and given lethal injections? deported to another country? You aren't really clear about your proposed solution; please include details of what you feel should be done.
Anyone can complain and point out what is wrong - it takes someone special (like our President) to provide solutions.
"Anyone can complain and point out what is wrong - it takes someone special (like our President) to provide solutions."
If he had ONE good solution in almost 3 full years, this country would NOT be on the brink of default. His solution to every problem is : "I blame Bush" and he hopes the country falls for it. TIME TO LEAD, Mr.President.
Pick your ears instead of your nose - he has presented the best avenues to lead us out of the mess we were lead into 2001 - 2008.
Hello not so Stupid --- yes All the past Presidents got Congress to raise the debt ceiling which was still in
the billions, but this fraud has spent us into the trillions. The American people has said this has
got to stop. That's why we won the House in November. Tell me do you get by spending your
self into oblivion. Do you get by with spending more than you make? Are you depending on
Obama to bail you out?
There is no Patrotism about this illegal President--he has violated our Constitution so many
times by appointing his Czars to bypass it.
Tom L -- if you had been reading the news, you'd know that it is far more likely that George W. Bush was an illegal president than President Obama. On what basis do you label him "illegal"? Because he continued the practice of having "czars?" The debt ceiling was raised because our obligations as a country required an outlay of money we did not have in hand, so we had to go "into debt". Do you live in a home that is entirely paid for? Or do you pay out a sum in mortgage each month to pay off your debt (with paying off interest before the principal?) Or do you rent...with a contract binding you to paying a year's rent in monthly installments?
Yes! Let's let all the unfortunate guttersnipes die in the street. That'l show em.
Tom L -
Please don't confuse apples with oranges. Everyone, including Democrats and President Obama, recognize and agree that the U.S. MUST get the spending "under control" which means reducing expense of some programs. That is not the issue.
The issue is" do we pay our debts, or do we ignore our obligations and default? If we are to maintain our honor and trust as a nation, we must pay our debts which means we MUST raise the ceiling by 8/2 (or 8/10 depending upon who you listen to.)
We have talked and debated about reduced spending for as long as I can remember. A large step forward is simply better management and alleviation of redundancy. Do away with some of our programs? Maybe, but that entails a huge fight over which go to the chopping block (depending upon your personal situation and frame of reference.) Would YOU agree to close the SEC, Commodity Futures Trade Commission, Export-Import Bank,Overseas Private Investment Corp., Commerce Dept., etc.? Or do you prefer to end Medicare/Medicaid, etc.? To the elderly unemployed person with no assets, the first mentioned group is useless and we should not fund them, while the second group are necessities; to the hedge fund manager or entrepenur, it is the opposite. Those are problems that will have to be addressed in the debate. Meanwhile, are we going to remain a nation, let alone the world leader, and pay our debts? That is the immediate question.
Boehner, Cantor, McConnell, Norquist and the Tea Party/Republicans have assumed the position that there will be no more funding, even for outstanding debts. I, and most Americans, find that to be ludicrous, unpatriotic, and even immoral. There is a better and different means to spending control, but it requires a lot of self control (which no politician from ANY party has demonstrated yet.) In the mean time, the ceiling must be raised and our obligations satisfied until the matter is resolved. No question about it, so if YOU claim patriotism and American citizenship, abandon the FOX News'/Norquist pledge/T-Party untennable postion and lets get to work solving the problem = which, by the way, includes supporting this nation and her Chief Executive.
Your statement
is not only WRONG, but seditious; Obama is NOT "illegal President" (although W. Bush may truly have been) and he has NOT "violated our Constitution" (although W. Bush may truly have.) I would suggest also abandoning that double standard/class warfare/elitist frame of mind.
Amy b Portland: I said nothing about hospitals etc. I simply addressed the hypocrisy of the administration, which you, obviously, do not understand. How do you feel about people NOT required to prove their citizenship? Sounds like that does not matter to you.
I have NOT seen your bith certificate Leona - do you really have one? From the U.S.? How do we know it is real and not just photo-shopped? Can you provide 6 witnesses who will attest under oath?
Ridiculous!
"From the U.S.? How do we know it is real and not just photo-shopped? Can you provide 6 witnesses who will attest under oath?"
You are obvioulsy NOT a taxpayer.
See -
This is exactly the convoluted logic we attempt to correct for our nation, but you sure make it difficult with obsinate denial and refusal to accept truth.
The first African-American President of the United States was forced to prove his citizenship Leona, aren't you happy with that "victory" for the illustrious Republican Party?
"From the U.S.? How do we know it is real and not just photo-shopped? Can you provide 6 witnesses who will attest under oath?"
You are obvioulsy NOT a taxpayer.'
Most people, I'm sure, use LOL not really meaning they laughed out loud, but, this made me chuckle.
"The first African-American President of the United States was forced to prove his citizenship Leona, aren't you happy with that "victory" for the illustrious Republican Party?"
Amy, You have a problem. Yes, the President needed to show his birth certicate. NOT because he's black but because he refused to do it for over 2 years . He finally did it because the people wanted to see it ( he was losing support) and you had to wonder why he would not. I guess since Obama's Kenyan aunt is in the country illegally, it made him more suspect.
Well, then - hows come you don't treat him the same as the white folk?
You can bristle and deny all you want, but racist actions and attitudes can not be hidden no matter what excuses and justifications you provide. Just a fact.
If Obama vetoes any debt ceiling legislation, he will lose the 2012 election for sure. All Americans can now clearly see how incompetent this man is. He is a failed president and his policies are directly responsible for this financial fiasco. Obama only wants to support his voter base which is comprised mainly of those who pay no taxes or those who are on the government dole. This body of voters are those who are supporting Obama on Newsvine and other left-wing blogs. America is facing the roots of another civil war, and our politicians and most left-wing pundits are too stupid to see the path we are following. It is a path to another version of Hell.
Mike:
Double post?
I supported Obama in 2008. I pay taxes and I'm not on the government dole. And there are millions of others just like me. If you'd like to give me a link to facts supporting your definition of Obama voters, I'd love to see it. But I won't hold my breath.
I do agree that we could be on a path to civil war, but I suspect we would disagree on the reasons.
So send me that link....proof...that Obama voters are basically deadbeats. And if you can't do that, please stop insulting the people you simply disagree with.
Why should I do your homework, you lazy left-wing student? There are exceptions to my rule, but damned few and the exceptions are usually exceptionally dumb.
My homework?
You're the one who made the statement:
Your burden to prove it. Go for it, but we both know it's BS. But I called you out on it, so stop saying it.
By the way, name calling is the first and last resort of those who cannot argue the facts. So I repeat:
bilweeler:
RNC spin and talking point platform planks can't be proved - just repeated over and over and over in the prayer some voters may eventually accept it. DON'T!
Not:
Of course they can't prove it. And they hate it when they get called on this crap. So I try to call them out at every opportunity.
And it turns out there's abundant opportunities.
Even though I'm polite about it and don't call Mike "lazy," dumb" or "stupid," he still thinks he gets points for insults.
It's not that much fun to point out the obvious to the clueless.
I'm certainly with you there
Well stated!
This from US News:
http://www.usnews.com/opinion/articles/2008/11/06/5-voting-demographics-where-barack-obama-made-headlines
1. Minorities: Ninety-six percent of black voters supported Obama. He also drew the votes of two thirds of Hispanics.
2. Young people: Obama won the under-30 crowd by 34 percentage points. This bested Bill Clinton's 19-point advantage over Bob Dole among young voters in 1996.
3. Women: Obama attracted 56 percent of female voters. Unmarried women also voted for Obama over McCain by 70 to 29 percent.
4. White men: He had the support of 41 percent of white men. Before Obama, no Democrat since Jimmy Carter had earned more than 38 percent of the white male vote.
5. Hillary Clinton fans: Obama won over 84 percent of Democrats who backed Hillary Clinton in the primaries.
mikeljhn
Obama only wants to support his voter base which is comprised mainly of those who pay no taxes or those who are on the government dole. This body of voters are those who are supporting Obama on Newsvine and other left-wing blogs.
Ya right check the link there are many more if you'd get of your lazy fanny that show the majority on welfare are white and mostly rural. So just keep spewing the talking points and hate but you are not going to win the argument
//findarticles.com/p/articles/mi_m1077/is_n2_v48/ai_12970819/
If you lazy-assed demagogues want to see just which categories Obama's voter base are in, then Google three items: (1) who voted for Obama, (2) did taxpayers vote for Obama, and (3) who pays taxes. The results will prove conclusively that Obama's voter base consists mainly, but not exclusively, of those who pay no taxes whatsoever and those who are on the federal, state, and local government dole. Also, explore the Bureau of Labor Statistics website, which will also lend more conclusive evidence. One key fact is that 50% of the population with the lowest AGI pay only 2.64% of the total income taxes paid annually in the US. I have spent hours researching this topic before coming to my conclusion and I will not give you morons the benefits of these hours for nothing. You are lazy obedient Obama followers and that makes you my adversaries. I don't help adversaries.
mikeljhn
If you lazy-assed demagogues want to see just which categories Obama's voter base are in, then Google three items
Blah blah blah ....I couldn't get back to you until today as I have a business to run and I pay plenty in taxes. As for your assertion that you have spent hours researching then I must say that you wasted your time and you didn't refute what I said as most of the people on the gov teat are white, rural and reside in red states.
We are all Americans but and not adversaries or should not be. In looking at your rants you my friend are deranged and un-american and I will therefore put you and your nonsense on ignore. I hope you seek help for you delusional mental state.
Delusion is the highest form of flattery, especially for left-wing idealogues who will vote for Obama and whatever screwing the Dems have for America without a forethought or an afterthought. You have made up your myopic mind and you have not interest in the truth. In fact, I doubt you even know what a business is. Your truth has been predestined and pre-defined by your left-wing philosophy. We have long passed the point where the "we are all Americans and in this together" draws any attention what soever. We are at the point where the disagreement is so extreme that perhaps the only option left is another civil war.
If Obama vetoes any debt ceiling legislation, he will lose the 2012 election for sure. All Americans can now clearly see how incompetent this man is. He is a failed president and his policies are directly responsible for this financial fiasco. Obama only wants to support his voter base which is comprised mainly of those who pay no taxes or those who are on the government dole. This body of voters are those who are supporting Obama on Newsvine and other left-wing blogs. America is facing the roots of another civil war, and our politicians and most left-wing pundits are too stupid to see the path we are following. It is a path to another version of Hell.
Seriously doubt it!
Hey, look what happened in Greece (riots in the streets). That's where liberalism brings us.
Boehner's a bumbling idiot boxed in by his TEA party. This TEA party is the extreme Democratic bigots who became Republican's in name only and lay dormant for a few years. President Obama is in his right mind to threaten a veto! Most of the extreme radicals of this movement are from the south. In the news is was said that "Whites" are more prone to vote TEA/GOP and The other 98% were more aligned with Democratic values. Boehner is crippled by the TEA party movement and any and all TEA/GOP-ers should scheduled themselves for a rectal encephalectomy so that they can see the real world!
Rudy this President is a bumbling idiot boxed in by his liberal communist appointees where he can't make
a decision that's right for this country. He wants to raise taxes and spend it on his left wing issues and
anyone who wants to pay more taxes for the government to waste has their head in the sand. Anyone
who is for him to re-distribute my wealth is a communist cause that is exactly what they do. You should
go live in Cuba or Venzuela.
Earth to Major TomL-3812555
President Obama offered historic spending cuts to the Republicans in exchange for raising the debt limit, but they decided to play chicken with the entire economy of the United States of America over a few piddly tax loopholes and bragging rights.
In case you hadn't noticed, Republicans don't care if you have a job, keep a job or lose your money on your investments. They are insane.
Amy, Your wasting your time with this Tea Bag. Minor Pain in the A$$ is a dittobot.
"Obama offered historic spending cuts to the Republicans in exchange for raising the debt limit"
Amy, this year alone the deficit was over 3 trillion because Obama had no budget ! With all due respect, you need to get a grip on reality.
Amy, Devie, Leona:
Tom has no credibility. He is just spewing rants here. I think he has earned an "ignore" for today.
A good crisis is too good a thing to waste! Now who in the WH believes in that statement?
Good ole Barry O, the Great Divider will do whatever it takes to be re-elected, to include holding the country hostage for more 'investment' money. And what will he do with it, 'invest' in additional entitlements to aid his re-election?
We need to take a hard look at the leader in the WH, House and Senate, and vote these bums out. Both parties and spending presidents have created an situation where all taxpayers will continue to feel the brunt of their reckless spending programs.
As navyboy like to say: 'Connect the dots people'. It is time to take a serious look at how you want government to act during the next several years. Do you want to continue to have this dysfunctional system of petulant children rule, or would you be happier with people who will work for the good of the country?
It's time to eliminate the ruling class of politicians by voting them out of office.
Hunky- too bad only Repugnacants vote.
Remember that the President originally demanded a debt ceiling increase with no strings attached. At least he has come off of that but not much.
Cut, Cap and Balance has been the most popular with the general public so far. What I like about it and you lotus eating liberals should too is it makes it very difficult for ANY president to indulge in the practices that got our debt to where it is now. The only reason I can think of that liberals don't like it is because it would make it just that more difficult for them to crab out of previous agreements like they have done so many times before.
I also am constantly amazed at how those liberals that claim they are not racists, bigots and are suppose to be generally accepting of different views are so quick to pigeon hole anybody that disagrees with them.
if the prez doesn't veto he will look like a fool, the role the pubs have at the time.
if the prez doesn't get a revenue increase, he will look like a fool. and, it should not pass without a revenue increase. the more you make the more you pay1
the saving grace is to call the vote and forget the negotiations and let the people decide in 2012.
If revenue increases are so important, the Senate could have amended a repeal of the Bush/Obama taxcuts to Cut Cap and Balance.
Most GOP have signed pledges that prevent them from doing thier jobs. That job is to pass a ballanced budget that the President will sign. In essence most signed a pledge before they took office that prevents them from negotiating which is thier job. Once we get rid of these goobs in 2012 we can get on with running the government in a sensible manner. I feel sorry for the politicians who have the negatiating skills to get this done but cannot because of the new majority that can't govern. The whole world is watching and the US is looking pretty bad. This GOP trainwreck will have consiquences forthem.
So if they accepted a publicly funded job that they can not perform, but continue to accept pay... isn't that a "high crime or misdemeanor?" IMPEACH ANY/ALL NORQUIST PLEDGE SIGNERS!
Read their lips... (looks like deja vu)
To North Star: February 2010 Moody warns Obama get the nations finances in order. So Obama signs in PAY AS YOU GO. Which they ignore. August 2010 Moody again warns Obama get the nations finances in order. Again ignored. October 2010 Moody and China tells Obama get the nations finances in order (Still no budget for two years at that time). Nothing. Then in Novemebr Obama says we will have a new congress in January. And NOW we are concerned. Yes the debt ceiling is one peice your missing the other peice. And FYI China already down graded us in Novemeber and even then was saying we we're looking at being down graded again. I do think the debt ceiling will be raised. But should it be another open credit card to the goverment to go pass the next fiscal budget? No. And thats both partys by the way. They need to stop the spending on projects that produce zero. And there are alot of programs out there that do just that.
In our constitution it is the legislative branchthe sets the budget. The President only signs or veto's.
This whole non sense of linking the deficit and the budget together is nuts they are not the same and for Obama veto IT IS ABUT TIME. The Tea Party want to wreck the train no matter what. There goes my 401k again down the tube.
The "F" STUDENTS (that's the grade they are getting) are sure swarming around in todays' comments.
I only want to say that it's the Democrats who are boxed in and as a matter of fact, they have now lost the battle completely. It's virtually over. Boehner, worn to a frazzle and showing more spunk than anyone thought, has won the battle, the war, and the honors. So lay back and rest, folks, because nothing bad is now going to take place...although it is obvious that the United States of America is now closing and locking its doors for a while, to figure out what the Hell happened. Mr. Obama, too bad, but you have lost.
Summer has almost ended. For the first time, Congress actually earned its pay during the long, hot Summer in D. C. In both the Senate and House, the battle is now over, and as of now, Obama's plans, past, present and future, are history. Between now and November of 2012, he might as well just stay on one of his long vacations. As for the Democrats, they can rant and rave until then, but only the press and media will be listening.
Eath to Gordon...
Come in - I mean, Come back:
Statements like this will prevent you from EVER having a current events reporting job.
Before I forget. Chuck Todd is a political hack for the far left.
The only way the Speaker can get out of this is to give Obama some of what he wants, ..... but also add a rock solid balanced budget amendment to the bill.
Obama can either take it or leave it. Job done.
Willie:
I consider myself somewhere between center middle and left. And I can tell you that Chuck Todd does NOT speak for me...and therefore not for the "far left" either.
He's WAAAY too conservative for my tastes.
The GOP has boxed themselves into the same kind of corner that the Palestinians have boxed themselves into. They both brainwashed their followers with their uncompromissing view of the world. Ever more radical. Constantly crossing the line. More and more vitriolic. Take no prisoners attitude. Constantly claiming victimhood and martyrdom. Now neither can control their supporters. More importantly neither can make the necessary compromises to achieve their goals. If they back away from the propaganda a new faction springs up. Just like Fatah has Hammas, the GOP has the TEA party. A bunch of nuts that want to martyr all of us to reach a goal that would be easily theirs without the body count. Watch Fox news had you can literally count the numerous times they cry that they are the victims. Half a loaf is better than no bread at all.