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Subscribe to RSSThe Washington Post: “With time running out, Congress returns Monday to try to pass a short-term funding measure to avert a government shutdown and avoid yet another market-rattling showdown over the federal budget. The Democratic-led Senate, which on Friday blocked a GOP House measure to fund the government through Nov. 18, will vote late Monday on its own version of the bill. The Senate bill includes dollars for disaster relief without an offsetting spending cut elsewhere that the House GOP demands.”
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Did anyone else hear Mayor Bloomberg on Meet The Press give an explanation of why the "job creators" are sitting on their profits instead of hiring saying "they are concerned they will be prosecuted for their part in the financial crisis that occurred four years ago."
My jaw dropped, and I waited for Daivid Gregory to follow up with a question like "whaaaat?" Because that's what I was thinking. What doesn Mayor Bloomberg's statement even mean? Why isn't this front page news? It fits with other Wall Street "talking points" I have heard from Maria Bartiromo in recent weeks. Companies aren't hiring because....they don't like being demonized by the Obama administration. (????) or, because they "aren't sure what the tax situation will look like. (??????) Does it sound like anyone else think America is being held hostage by the top 1%, who want low taxes and immunity from government oversight? Doesn't it sound that way? Anyone?
I mangled my last sentence. Let me correct it:
Doesn't it sound like America is being held hostage by the top 1%, who want low taxes and immunity from government oversight, and refuse to create jobs until they get it?
Doesn't it sound that way? Anyone?
Sure sounds like it to me Amy B. I thought that from the beginning--just another instance where the 98% of Americans are being held hostage by the 1%!
"We have met the enemy and he is us!" Pogo by Walt Kelly
Yes Amy, This is exactly what's happening and the Republicans love it because they want the rich to continue getting richer and they want the middle class to fail along with President Obama. WE NEED TO TAKE ALL OF THIS CRAP TO THE STREETS!!!!!
So true Amy. Some of these business leaders should be in jail.
Unlike amyB - My comment is addressed specifically to the issue the FR editors have reported.
BloombergTV reported that the dollar amount of this bill amounts to essentially only a rounding error within the realm of washington budgets.
However, and bloombergTV did not imply or say anything with respect to my following opinion based on recent past congressional and administration events.
The right wants to start down a path that recognizes the need to maintain some resemblance of limited fiscal restraint by proposing cuts to existing programs to help fund this disaster aid. From the numbers I have seen reported this is not a 100% type deal, ie cut all spending to 100% fund that, but one of balance by recognizing that like many of us in personal financial decisions, decide that some fractional cuts in our budgets are required to minimize increasing our debt load. Our debt still will increase but not to the extent if we didn't also make cuts.
Yet the democrats still carry the old political perspective of what cheney promoted when he said "deficits don't matter"
Old school thinking, like the democrats want to maintain and seemingly in perpetuity, won't help our economic issues.
The right is choosing a "balanced approach" while the left wants to keep on spending by borrowing only. As bloombergTV reported the amount is miniscule, essentially just a financial rounding error.
Unfortunately for the American populace, it is indicative of the left to only want to borrow 100% of the money, vs the rights wanting to both cut and borrow to achieve the required disaster aid funding.
This left wing philosophy does not bode well for any future spending cuts.
Baloney. The Right has proved they only want to cut programs for people who aren't in a position to contribute to political campaigns. Pork for home districts? OKEY DOAKEY. Money for defense contracts that benefit Republican disticts: PASS! Infrastructure improvements in Alaska: yeah, baby!
Republicans are hypocrites.
American -
If what you write is true and not simply RNC talking points, please asnswer this question:
WHY DO YOU CLAIM TO HAVE THIS CONCERN NOW, UNDER PRESIDENT OBAMA, and WHY didn't you and your ilk preserve President Clinton's economic policies and practices when we had them (along with a balanced budget and surplus) instead of supporting Bush's policies?
It does NOT make sense for you and the Republican/t-party to make such a claim NOW in view of what you did 2001-2009.
What you call "old school thinking" looks like hypocritical lies to voters.
American, didn't President Cheney/Bush barrow 100% of FEMA disaster spending from 2001 to 2009? Oh that's right, it was a tea people GOP republican administration that doesn't count.
To all of my friends and foes! The Republican's are now again holding our country hostage when our fellow citizens, Democrats and Republicans need assistance, what is that about? OK they have no problem building schools, bridges, and paying money etc., to other countries, but not here at home. My solution would be to take money from all the funds we're sending over to other countries to rebuild their countries and REBUILD OUR OWN COUNTRY! But this is something that Republican's have a problem with. Can someone tell me WHY??? WHY???? they want the United States of America to FAIL???
A dollar.
Oil.
Power.
(In that order.)
The tea people GOP republicans are lying to the American people again, just like the did in 2001 and 2004, they tell us they'll cut spending and balance the budget, then when they get control they start spending on the upper class welfare programs again. This is what they did under Reagan, Bush 1 and Cheney/Bush. It's who they are it's in their DNA their upper class welfare supporters.
Maybe more true than you realize Mo:
"Every succeeding legislature possesses the same jurisdiction and power with respect to [public interests] as its predecessors. The latter have the same power of repeal and modification which the former had of enactment, neither more nor less. All occupy, in this respect, a footing of perfect equality. This must necessarily be so in the nature of things. It is vital to the public welfare that each one should be able at all times to do whatever the varying circumstances and present exigencies touching the subject involved may require. A different result would be fraught with evil."
Newton v. Commissioners, 100 U.S. 548, 559 (1879).
Politically, all this teabag deficit-mongering is a weapon on mass distraction. But constitutionally, it's a farce.
More of a sales pitch to the voters for their candidates. Assinine and immoral IMO!
AND THAT IS WHY I SUPPORT THE PRESIDENT!!!
HO HUM its just the republicans showing there baby asses again. The G.O.P. the party of compassion.
2012 would be the time to throw the Republican-Tea Potty out.
I wonder if the country would be better served if we threw everyone out of Congress and just began anew. Would we really lose all that much governance? It may also be time for a third party called the Moderates. I can think of a number of Republicans the Tea Party has ousted in recent years who might be included, together with some of the more reasonable Democrats.