E-mail updates
Follow on Twitter
Subscribe to RSS
The House of Representatives successfully passed Republicans' 2014 budget on Thursday with four votes to spare, relying only upon GOP votes to advance Wisconsin Rep. Paul Ryan's third budget blueprint.
The House voted 221-207, largely along party lines, to advance the budget for the next government fiscal year. The plan seeks to balance the budget within a decade, primarily by saving $4.6 trillion through cuts to spending, and reforms to Medicare that would transform the plan into a "premium support" (or voucher) system.
Rep. Paul Ryan, R-Wis., explains to fellow members of the House why his budget proposal should be approved.
Ten Republicans joined with Democrats, all of whom opposed the Ryan budget, to vote against the plan. Due to the defections, Republicans only passed their budget by an extra margin of four votes. Ten Republicans also opposed last year's budget, though there were 241 total GOP members of the House last year, versus 232 sitting Republicans at the time of today's vote.
The budget is the third passed by Republicans since retaking the House in the 2010 elections. But like the two preceding budgets, Ryan's 2014 fiscal blueprint will likely never become law, due to opposition from both the president and Senate Democrats.
The House moved quickly following the budget vote to pass legislation settling spending levels for the rest of this fiscal year, which concludes at the end of September.
The House voted 318-109 with bipartisan support to pass a continuing resolution funding the government through that date, averting a government shutdown that would have occurred at the end of March if spending authority had run out. The Senate passed that legislation on Wednesday, and it now heads to the White House for President Barack Obama's signature, once he returns from a foreign trip to Israel.
Leave a Comment:
.
Paul Ryan, ya gotta admire the tenacity of the little guy. He is like the optomistic kid who has dreamed of and begged for a pony but never gets that pony. The kid digs in a huge pile of horse droppings and keeps digging saying to himself, " with all these horse droppings there has to be a pony under there somewhere". Ryan will never get his pony as extremism is not popular and never has been popular for very long, if at all, in the US.
Adler just think though, this is how are future politicians will be? I think more to the far right and far left then ever before.
At least Rand Paul's budget balanced the budget within 10 years, or I meant in 10 years. Yeah some hardships occur but you have to take hardships to balance a budget that's what it is all about. Obama's plan is to keep spending and spending putting the common people deeper in financial harm.
Fru- pls see post 22.11 or 22.10
as a liberal I would LOVE to have a factual discussion
One thing for sure is the Ryan budget is dead. Three strikes on it and it's out!!!
Factual discussion with a right winger is like a discussion on low fat diet with Rush Limbaugh.
But at least now Ryan can focus on more bills that define rape
Common- I agree- they have OPINIONS but when pressed fail to counter in factual terms 95% of the time. They have points- no side is ever 100% but their batting average is pretty damm low for factual critiques
There are a lot of coward on these posts.
Someone said I made threats of physical harm and claims to have evidence.....
But them fails to produce it.
Typical for a coward.
It's the bubble theory. Many of the right wing live in the bubble in which facts can't get in.
fact; Repubs have passed a budget.
fact; Dems havent passed on in 4 years
Common Sense-4U you asked for proof you threatened me well here it is once again
Link is at h"ttp://nbcpolitics.nbcnews.com/_news/2013/03/12/17283473-this-is-our-offer-ryan-debuts-budget-that-would-balance-in-a-decade?pc=25&sp=425#discussion_nav"
FruVegge
Common Sense- 4U is just a troll people don't feed it.
#436 - Tue Mar 12, 2013 4:08 PM MST
Common Sense- 4 U
fruvegge
Say something intelligent for once in your life and people far smarter than you won't make fun of you
#436.1 - Tue Mar 12, 2013 4:09 PM MST
stopfreeloaders
he's a known coward.
#436.2 - Tue Mar 12, 2013 4:12 PM MST
Common Sense- 4 U
Will pretty much bitch slap you up down and sideways.
You know it...
Everyone knows it.
#436.3 - Tue Mar 12, 2013 4:17 PM MST
FruVegge
Common Sense-4U that sounds like a threat to me, are you sure you want to be placing threats where you can't take them back? I think I'm suing you physically threatened me.
#436.4 - Tue Mar 12, 2013 4:19 PM MST
Everyone now knows your a lyin sack of @!$%#. People if you look in Common Sense- 4U's profile he doesn't have a home country listed and doesn't reside in the United States and yet he has the nerve to say what he does about our government.
If you apologize for it I might accept it but you insist it never happened but proof is above.
It was an implied verbal bitch slapping....
You know......Words
Sorry if you interpreted it otherwise......I certainly didn't expect you to take it other than a dismantling of your posts.
Your still @!$%#ing denying it unreal it says
Common Sense- 4 U
Will pretty much bitch slap you up down and sideways.
You know it...
Everyone knows it. It doesn't matter how you implied it it came out a threat to cause physical harm. You can't even apologize for it.
it's always the same thing with failed Progressives.
Republicans have done their job. Dems want to continue using continuing budget resolutions instead of doing their jobs as required for the American people
Now, that is FUNNY!!!
you're funny. no actually boring. just one of a legion of left-wing losers pretending your party is doing something; when in fact it is just the opposite
Again...Was referencing the verbal dismantling of any and every radical right wing argument you make.
Not physical.....Verbal.
You seem to omit the rest of the context......
But I will apologize for what I admit was my mistake in not clarifying that the term "Bitch slap" was against your posts entirely, nothing more. Poor choice of words on my part.
poor choice of everything on your part nutcase. first of all you haven't dismantled anything. neither has your idoit friends Job1 or dumbtothebone, fisty, adler, or any of the other left-wing nutjobs here
just being in denial isnt a rebuttal of anything
government by continual crisis; we're in the era of failed progressive governance.
we are in this situation because dems refuse to pass an actual budget from which appropriations bills can be made
FOLWNJ: I think the left went to far left and the right went too far right. It will be some time before it balances out again.
Republicans have passed budgets. there is nothing "extreme" about the Ryan budget. if there was the Left could point it out specifically. what are you talking about?
how have Republicans gone too far right?
Folw- you cant even ADMIT reality- the party of OBSTRUCTION is creating the crisis you dumb buck.
Fol is one on the biggest idiots without the ability to defend a fact if it bite him in the ass
Fru- I ask you to respond to some posts as you seem to want a have a factual conversation but never reply. Can someone from your side explain the difference from what Perot was saying in 1992 which NEVER HASPPENED AS HE PREDICTED and what the Teajerks began shouting in 2009? Someone with enought reality based thjinking and not your normal IDEOLOGICAL nonsense such as we dont want to become Greece
you're a damn fool dumbtothebone. budget bills by law cannot be filibustered,
sorry nutcase find another excuse for PROGRESSIVE FAILURE.
you're easily one of the biggest self-deceiving idiots here dumbtothebone. please inform us how "obstruction" has prevented Dems in the Senate from passing a budget for four years.
i mean since you have the ability to defenda fact and all.................
Fol- once you get real and factual will GLADLY have a conversation with you. You have demonstrated not one IOTA of being anything other then an IDEALOGUE with a very high EGO and a very low IQ
demotothebone well I am a Libertarian not a tea partier, I think Perot actually started all the fairly new parties outside of the norm to develop. I wouldn't put it past Sarah Palin to make a move for 2016 to possibly Palin / Bachman or how ever you spell her name?. The tea party goes too far to the right after all they're backed and owned by large corporations in disguise. The tea party you can say dripped out their own problems with most members having had nothing to with government before or an education for that matter and the left ran with it but is it just the tea party causing the problems or could the tea party be secretly working with the democratic party to shut down the republican party creating a one party system? Just a thought.
i'm still waiting moron. what's the matter?
FOLWNJ,
Your way of thinking is what is wrong with the Nation. Because you Obama haters from the older but goodies club have been spinning all of this nonsense, such as Obama’s out of control spending, (which is a Republican myth), and of course Obama doesn’t lead, (another Republican myth), becomes the same old spin as before the election such as Romney would crush Obama; the Senate would be taken from the Democrats and Obama care repealed.
I and millions of others didn't pay any attention to "you people" then, because we knew your side was full of it. Today, we still don't pay any attention to "you people" because your side is still full of it.
Gosh, when will the clowns get it through their heads that extreme conservatism is dying?
again; more idiotic emotional vitriol and hyperbole from a nutjob like Job1 and zero facts
try again idiot
oh; and nutjob; obama's out of control spending isnt a myth. and if it has been reigned in somewhat is is because of House Republicans "obstructing" it.
it's hilarioius intellctually bankrupt nutcases on the Left like you actually want to try to take credit for that too!!! lol
Fru- thank you for your response. Am I mistaken or arent you a deficit hawk? whether libertarian or republican arent you saying we MUST cut spending now?
i'm still waiting coward; how have Republicans prevented Dems in the Dem-majority Senate from passing a budget for 4 years?
Really? I don't think so. Like I sad, "Today, we still don't pay any attention to "you people" because your side is still full of it.
Gosh, when will the clowns get it through their heads that extreme conservatism is dying?
demtothebone: they probably shouldn't even get paid until they start to accomplish something? That's for the House and Senate! How about we decrease their pay to min wage and let everyone on min wage get law makers pay? :) Just joking with the last one there. I think there pay should be decreased until they stop stealing from the pulic.
everything is"extreme" to left-wing nutjobs lying to themselves when confronted with criticism of their failed policies
when are you clown progressives going to get it through your heads you've failed and continue to fail?
Fru- I gather you dont like our representatives. Lets discuss the deficit- arent you a deficit hawk and if you read my posts I am TRYING to give very specific responses on why I think your view is wrong. But I get no SPECFICS back?
Honestly, Fru, if you cant defend your position why take it? Is there waste, yes. But I bet if we weigh and measure their is more waste going to corporations then to people
PHOENIX – An investigative “Cold Case Posse” launched six months ago by “America’s toughest sheriff” – Joe Arpaio of Arizona’s Maricopa County – has concluded there is probable cause that the document released by the White House last year as President Obama’s birth certificate is a computer-generated forgery.
The investigative team has asked Arpaio, who is at a news conference in Phoenix live-streamed by WND TV that began at 3 p.m. Eastern time, to elevate the investigation to a criminal probe that will make available the resources of his Maricopa County Sheriff’s Office.
The posse says it has identified at least one person of interest in the alleged forgery of Obama’s birth certificate.
Read more at http://www.wnd.com/2012/03/sheriff-joes-posse-probable-cause-obama-certificate-a-fraud/#BHrVdwm6oVc1FMCi.99
now try and spin this......
keep defending your presidential plant...
google it
hahahahahaha
Arapaio, known for his strict enforcement of immigration laws, commissioned the investigative team after local citizens presented him with a petition expressing concern that Obama might not be eligible for Arizona’s presidential ballot.
In addition to the live-streaming, WND is making available to the public a report distributed to media today by Arpaio’s investigators.
GET A FREE COPY OF THE ARPAIO REPORT THAT WAS DISTRIBUTED TO PRESS TODAY
The posse, comprised of former law enforcement officers and lawyers with law enforcement experience, has interviewed dozens of witnesses and examined hundreds of documents. It also has taken numerous sworn statements from witnesses around the world.
Mike Zullo, Arpaio’s lead investigator, said his team believes the Hawaii Department of Health has engaged in a systematic effort to hide from public inspection any original 1961 birth records it may have in its possession.
“Officers of the Hawaii Department of Health and various elected Hawaiian public officials may have intentionally obscured 1961 birth records and procedures to avoid having to release to public inspection and to the examination of court-authorized forensic examiners any original Obama 1961 birth records the Hawaii Department of Health may or may not have,” Zullo said.
Read more at http://www.wnd.com/2012/03/sheriff-joes-posse-probable-cause-obama-certificate-a-fraud/#64XKJ52R8wQkKIHd.99
What do they can them? Oh yes, "The Bat Crap Crazy Birthers." A nothing story in a right wing rag, by a Crooked Sheriff Joe Arpaio, who will someday be serving in time in a Federal Prison.
it figures you mindless moron dumbtothebone
i asked you to back up the garbage you spew with facts and you cant. how has "obstruction" by Republicans prevented Dems from passing a budget in the Senate for 4 years?
Fol- learned long ago it is pointless arguing with drunks and imbeciles. Put you in the later category. If you want factual retorts see 22.10 and 22.11.
Please be SPECIFIC with your arguments- eg El-Erin who sells bonds for his livlihood and he heads the LARGEST bond seller in the world- says we do not have an IMMEDIATE defict problem. Now that is a specific factual retort- can you match?
because you cant. you're a coward through and through
and you arent man enough to admit you're wrong here
Fol- why are we cutting spending again? Just match what other advanced industrial nations pay for their per capita medical costs and we have a BUDGET SURPLUS
check who makes(BIG) money in health insurance:
medical devise mfg
Pharma industry
hospital administrators
Health Insurance Companies
Pls check the R donor base
the idiotic assumption here is that the ACA will lower costs
already proven false
wow
keep trying though
Fol- since yesterday you and I have sparred and have given you multiple opportunities to enter into a meaningful discussion. See my posts 22.10, 22.11, 37.1, or 37.3 then compare with your responses and who is and WHO(FOL) isnt being specific.
as I have said you are an imbecile and an ideologue. If not answer specifics with specifics or you are BS
it figures making money is a sin to people who only know how to waste it by the trillions; and others people's money at that
idiots and hypocrites
i see all your posts; they are idiotic and easliy rebutted as the one above
i have been very specific nutjob. record welfare and a record 48 millioin on food stamp in year 5
the lowest labor market participation rate in 40 years
countless new job-killion regulations.
it is what it is; just because you cant handle facts doesnt mean i' havent provided any
since you like facts an all dumbtothebone; who got over 25% of his campaign donations from the very same healthcare entities you mentioned in a previous post when he ran for President in 2008?
demtothebone: the problem is a meaningful discussion to you is everyone agreeing to your side.
Fru- no a meaningful discussion to me is your side being able to support your positions. You say cut spending NOW I say why?
Even Boehner says we DONT have an IMMEDIATE deficit problem. Same as Paul Krugman. Same as El-Erin. Your side just says we have to, or we dont want to be like Greece and those who are MORE knowledgible say we cant be like Greece.
But when questioned you just repeat the same comments.
I am more then willing to have a DISCUSSION- can you POINT to a specific where you have explained anything on your position?
Is asking for FACTS to support your ideas asking TOO much? Honestly- give me specifics on WHY we HAVE to CUT SPENDING...... you cant..... so you dont...... then you accuse the opposition of being mean
boo hoo
The investigators say the evidence contained in the computer-generated PDF file released by the White House as well as important deficiencies in the Hawaii process of certifying the long-form birth certificate establish probable cause that a forgery has been committed.
The investigation was launched after 250 members of the Surprise, Ariz., Tea Party, presented a signed petition to Arpaio in August 2011 asking him to undertake the investigation.
The Tea Party members petitioned under the premise that if a forged birth certificate was used to place Barack Obama on the 2012 Arizona presidential ballot, their rights as Maricopa County voters could be compromised.
Arpaio believes a congressional investigation might be warranted and has asked that any information relevant to the investigation held by other law enforcement agencies be forwarded to his office.
The Cold Case Posse advised Arpaio that they believe forgers committed two crimes. First, they say it appears the White House fraudulently created a forgery that it characterized as an officially produced governmental birth record. Second, the White House fraudulently presented to the residents of Maricopa County and to the American public at large a forgery represented as “proof positive” of President Obama’s authentic 1961 Hawaii long-form birth certificate.
“A continuing investigation is needed to identify the identity of the person or persons involved in creating the alleged birth certificate forgery and to determine who, if anyone, in the White House or the state of Hawaii may have authorized the forgery,” Arpaio said.
Among the evidence released at the press conference are five videos – which can be seen at the end of this article – to demonstrate why the Obama long-form birth certificate is suspected to be a computer-generated forgery.
The videos consist of step-by-step computer demonstrations using a control document. They display the testing used by the investigators to examine various claims made by supporters of the April 27 document.
The investigators contend the videos illustrate their conclusion that the features and anomalies observed on the Obama long-form birth certificate were inconsistent with features produced when a paper document is scanned, even if the scan is enhanced by Optical Character Recognition, OCR, and optimized.
Additionally, the posse says, the videos demonstrate that the Hawaii Department of Health Registrar’s name stamp and the registrar’s date stamp were computer-generated images imported into an electronic document, as opposed to rubber stamp imprints inked by hand or machine onto a paper document.
“That we were able to cast reasonable suspicions on the authenticity of the registrar stamps was especially disturbing, since these stamp imprints are designed to provide government authentication to the document itself,” Zullo said, emphasizing that if the registrar stamps are forgeries, the document itself is likely a forgery.
The investigators also chronicled a series of allegedly inconsistent and misleading representations that various Hawaii government officials have made over the past five years regarding any original birth records held by the Hawaii Department of Health.
“As I said at the beginning of the investigation, the president can put all this to rest quite easily,” Arpaio said. “All he has to do is demand the Hawaii Department of Health release to the American public and to a panel of certified court-authorized forensic examiners all original 1961 paper, microfilm and computer birth records the Hawaii Department of Health has in its possession.”
Arpaio emphasized that the Hawaii Department of Health needs to provide, as part of the full disclosure, evidence regarding the chain of custody of all Obama birth records, including paper, microfilm and electronic records to eliminate the possibility that a forger or forgers may have tampered with the birth records.
The sheriff said the president should also authorize Honolulu’s Kapi’olani Hospital, the birth hospital listed on the Obama long-form birth certificate, to release any hospital patient records for Stanley Ann Dunham Obama, his mother, and for the newly born Barack Obama, to provide corroboration for the records held in the Hawaii Department of Health vault.
“Absent the authentic Hawaii Department of Health 1961 birth records for Barack Obama, there is no other credible proof supporting the idea or belief that President Barack Obama was born in Hawaii, as he and the White House have consistently asserted,” Zullo said.
“In fact, absent the authentication of Hawaii Department of Health 1961 birth records for Barack Obama, there is no other proof he was born anywhere within the United States.”
In addition, investigators say they have developed credible evidence that President Obama’s Selective Service card was a forgery, based on an examination of the postal date stamp on the document. Also, records of Immigration and Naturalization Service cards filled out by passengers arriving on international flights originating outside the United States in the month of August 1961, examined at the National Archives in Washington, D.C., are missing records for the week of President Obama’s birth.
Videos connected to the investigation:
1. Introduction – Regular Scan:
2. Layers, Stamp & Noise
3. OCR Theory
4. Optimization
5. Conclusion
6. Selective Service
View the entire news conference of Sheriff Joe Arpaio’s “Cold Case Posse”:
Previous stories:
What does law say about Obama’s eligibility?
Alinsky-style leftist ramps up effort to oust Sheriff Joe
100,000 line up to back Sheriff Joe
Obama backer arrested for death threats against Sheriff Joe
Justice Department blinks in battle against Sheriff Joe
Anti-Arpaio protesters ousted from meeting
Another protest against Sheriff Joe fails
Obama’s harassment of Sheriff Joe
‘Resign now’ protest against Sheriff Joe fizzles
Sheriff Joe targeted for ouster
Sheriff Joe ‘suspicious’ of motive behind Obama attacks
Sheriff Joe to Obama: I’ll keep doing my job
Arpaio gets death threats over Obama investigation
Sheriff Joe on Obama eligibility probe: ‘Where there’s smoke … ‘
49
MOST POPULAR
Caroline Glick: What’s Obama doing here?
Obama heckled during speech to Israelis
Obama impeachment bill now in Congress
Did Jewish temple actually sit on ‘Temple Mount’?
Christians hunting for ‘goddess’ eggs?
New Zealand ‘plans to seize bank accounts’
Out-of-work, liberal news anchor ‘seeks sympathy’
Did senator drop Benghazi bombshell?
Guess which ‘news’ channel … isn’t news
Guns the problem?
Follow WND On
Facebook:
Twitter:Follow @worldnetdaily
Contribute
Note: Read our discussion guidelines before commenting.
DISQUS seems to be taking longer than usual. Reload?
WND Exclusive Commentary
BETWEEN THE LINES
Joseph Farah
Guns the problem?
POLITICALLY DIRECT
Jane Chastain
GOP: Put the young guns in charge!
THE OTHER RUSH
Erik Rush
Gun makers step up to protect Americans
THE TED OFFENSIVE
Ted Nugent
Woo-hoo! State OK's teachers with guns
A VOICE OF SANITY
Robert Ringer
The GOP gets CPR
More Commentary »
Deal of the Day
Did Jewish Temple actually sit on 'temple mount'?
New documentary makes case that history,
Read more at http://www.wnd.com/2012/03/sheriff-joes-posse-probable-cause-obama-certificate-a-fraud/#64XKJ52R8wQkKIHd.99
If you want to uncover a conspiracy......Why not go after the largest ever
911
There's more proof that the US Government led by a Republican Administration pulled off the largest hoax against the American People; than there's prrof that a Terrorist organization was responsible.
If the US government wants to put this to bed....Show the other tapes of the Plane (LOL) that hit the Pentagon and prove to the American people it wasn't a missle.
nutJob1; maybe you can answer cuz your BOY dumbtothebone seems to have gone away; or he's writing a dissertation for a response that will amount to the same ol lies and excuses for progressive failure.
how have Republican been the ones preventing Senate Dems from passing a budget for the last 4 years?
see post 37.1
somebody elses opinon. what a moron you are. he sells bonds so he's agovernment policy expert?
and he's responsible for how much of our massive debt?
gee genius; why would a bond trader take a position that says the government should keep on issuing more debt through bonds?
really idiot?
really?
Fol- you obviously do not understand how bonds are sold if you cant understand why the worlds largest bond trader is an expert on deficits and their impact on interest rates.
Think you are confused bewteen T bills and bonds
DUH DUH DUH
you are an IMBECILE and an ideologue- go AWAY
like i said; by definition his opinion is jaded and biased..you're a joke
he may know about them; but to make money he doesnt have to care dope
if you were half the critical thinker you think you are you might get somewhere debating me
Imbecile- Pimco holds trillions of dollars in bonds- bond values go DOWN when interest rates go UP. If he holds when he should have folded he LOSES MONEY.
He is VERY aware of the importance of interest rate flucuation and in HIS opinion he says he is NOT worried about IMMEDIATE interest rate INCREASES which is the OPPOSITE view your side HOLDS. The deficit is not an IMMEDIATE problem- says El-Erin, says Krugman and now says Boehner
why are we cutting spending again and not solving the EMPLOYMENT PROBLEM
you're a nutcase pure and simple. a loser lying to himself about basic realities. you're here every day to defend the indefensible; the PROGRESSIVE FAILURE all around us
ever notice no specifics all PERSONAL opinion. You obviously have no answer
the definition of an IMBECILE
at least it's my opinion dope; you formed your opinion because some greedy guy you suddenly trust agrees obama should keep spending us into oblivion
Time to update my "morons to ignore list"
what cant you understand- his job is to be aware of interest rate flucuations. That is HIS expertise.
what is yours?
he makes his money selling bonds; his job isnt the welfare of a nation..
what part dont you get idiot?
I do believe the federal government needs to stay out of our personal and private lives. If I screw up let me do it by myself. If I advance in the world let me do it by myself. I don't need the government watching me. That to me is part of personal liberty. I mean do we need the government telling how do everything and what is safe and not safe can't we do that for ourselves?
yes and how does this impact the deficit? Personal privacy is neither a lib nor a conservative cause it is both.
i have asked you for specific responses on the deficit.
Honestly, I do not feel only d ideas are valid(EIC was a much better way of handling welfare). But I notice your side offers opinions and very few FACTS to support opinion. That is what gets the name calling going- see Folwnj as a perfect example
This is my own post in no reply to you Common Sense- 4U
dumbtothebone; you offered as "fact" the OPINION of a bond trader as to whether we have an "immediate" deficit problem. you are a joke and too smugly stupid to realize it
the opinion of someone who holds trillions of dollars of these assets. Kind of like asking the opinion of a doctor on a medical condition- maybe that is their specialty versus an IMBECILE like you who is just naturally knowledgible without any references
duh duh duh
sure dope; as you said the opinion of a gazilllionaire. suddenly greed is ok to you
the imbecile is you dope; and your arrogance cant hide it
yes dope; but he isnt OUR DOCTOR; and as such isnt responsible for our (nation's) health
gosh ur stupid
And another moron troll goes on "ignore"
gee thanks
complete idiots like you are the first one to cry about the "greed" of others; than offer as an argument the opinion of a gazillionaire that makes money off of the issuance of bonds, why the government of the United States should keep GREEDILY giving itself more money to increase the $17 TRILLION Debt by countless more trillions..
how can you be taken seriously?
there goes those "forward"-thinking Progressives advocating doing nothin but spending more trillions because we dont have an "immediate" problem. (your words)
what an damn idiot
demtothebone: Our problems now are not from President George W. Bush they're from President Bill Clinton when he relaxed the mortgage rules it wasn't Bush who relaxed the rules he actually tried getting them tougher but Congress a democratic Congress at the time said "No."
Fru- pls see G W Bush October 2004 speaking of the OWNERSHIP society and wanting FHA and VA loans to match the subprime ZERO down program. PLEASE.....
I am NOT saying their was no d blame for the debacle but the root cause was the RepubliCON(supply side) that the markets are SO efficient they will ALWAYS self correct so no oversight is required. This is the world view Greenspan admitted blew up in his face in 2008 and he has no answer for it- per congressional testimony dated 2009.
But it started during the Clinton administration.
From a NY Times article 9/30/1999 titled: “Fannie Mae Eases Credit To Aid Mortgage Lending” more than a year before the 2000 elections:
“In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits….
In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.”
Bottom Line - when the Federal Government intervenes in a "market" like housing, it will no longer operate like a "free market".
Peter17- R U denying that in Oct 2004 Bush didnt move to offer ZERO down loans on FHA and VA loans versus a TRIAL program in 1999.
PS who controlled the House from 1995 until 2007 and who controlled the Senate in 1999- wasnt Trent Lott still the majority leader?
Fru- no it didnt. Dereg started under Carter was was limited to airline and trucking. The concept is a supply side one where taxs pull from the economy, etc etc etc and the govt is the enemy and markets are always EFFICIENT. Did Clinton buy in yes he did. Is he partly at fault- yes he is. But the bulk of the blame in MY opinion goes to the R's- see Phil Graham and Dick Armey during the Clinton WH years
bonds are yielding near record lows; with an occasional bounce here and there. but bond traders have no choice but to keep doing what they do.. try again dope
what is the current interest rate you IMBECILE and you wonder why bond yields are low!!!!!!!!!
Corporations keep getting more wealthy and more powerful and we keep getting screwed.
we dont have an "immediate" spending problem. well gosh and golly gee; havent a thousand Progressive leaders at the city, state and federal government level repeated that line right up to the point of insolvency/bankruptcy?
lol
just 4% of Americans according to one poll say we dont have a deficit problem.
funny how the same left-wing nutjobs that love to cite other polls selectively choose which ones to believe
funny how we just last month before the sequester had a huge problem that we were all going die if not solved?
Fol- we dont have an IMMEDIATE deficit problem and why dont you just check this out- if our medical costs matched what other industrial nations pay for medical treatment we would have a BUDGET SURPLUS
PS- these other nations when measuring little things like average life expectancy or child mortality rates do better then us. Just a few of those pesky FACTS your side doesnt like to discuss
sure nutcase; pesky little facts like wait times and cancer survival rates?
those kind of pesky facts?
Fru- in case you dont remember it was stated it will not appear at once but over time. We are cutting 85 billion in a 7 month time frame(not 12) and anytime you CONTRACT spending if it isnt offset it has to have an impact on the economy. Expansion means more hiring contracting means more firing
but dems want to CONTRACT Defense spending considerable
idiots and hypocrites
Fol- then explain to me why the Brits during the Olympics on the opening ceremony made it a point to celebrate the 50Th anniversary of their National Health Care and it polls quite high in popularity.
and with all these LONG wait times why is their LIFE expectancy higher then ours? Or why people like Charlie Rose went to France to have his Heart Surgery?
Idealogue
there are literally dozens of factor involved in life expectancy'
ur simply an idiot incapable of an honest conversation
Fol- how about France, or Germany, or about 17 other advanced industrial nations whose single commonality is universal health care and NO for profit health insurers(they do have plenty of non profit health insurance companies and SUDDENDLY costs go down)
Why do we need a budget? We can just print as much money as we need and spend as much as we want and not worry about it.
demtothebone If ignorance is bliss, you must be the happiest person alive.
Fru- thank you I do try and remain blissful. If you wish to help I am still waiting for some type of answer to my questions do you but all I ever seem to get is comments as above.
Some facts please....... just one or two is all I am asking for..........
in 2010 the dollar was going to be worthless per the deficit cut first crowd.... still waiting
in 2010 no one would buy our debt per the deficit first crowd....... still waiting
Then in 2011 Hyperinflation if here NOW...... still waiting
Fru- please some facts to explain how your side can be so WRONG so OFTEN but EVERYONE is to just shut up and follow your sides lead
Unbelievable
demtothebone: would you quit saying my side I am sick of tired of telling 3 times now today that I am a Libertarian. I am sick and tired of going through the same crap over and over and yet you have the nerve to complain about the republican parties members memory. I bet your another one of those students up in Canada that come on here to crash it?
Fru- is Rand Paul a Libratarian? Didnt Ron Paul during the debates say he would turn down $10 in cuts for every $1 in revenue? Is he voting for deficits cut now? Havent you posted that you are a DEFICIT HAWK?
all I am asking is for you to be able to defend your position but so far........
Hey Dingle brains. Where did you read, or hear that it's the PUTUS job to come up with a budget?
Must be a FOX Noise viewer.
you idiot; the President is required by law to come up with a budget proposal; and he has a deadline to do that as well.
if you had a brain or a sense of shame you would feel pretty stupid right now; low-information left-wing nutjob
Even Bill Maher saw the truth.
40% of Lyin Ryan's budget proposal is repealing the affordable Health Care Act....That's not going to happen.
The Supreme Court ruled on it....It's the law of the land.
This guy better put down the krack pipe.
Mike Obamacare is going to be costing you a fortune once it hits in 2014.
he Supreme court didnt rule it cant be repealed you dope; it actually ruled obamacare is Constitutional BECAUSE IT'S A TAX.
which is of course the very opposite of what your LIAR PRESIDENT SAID IT WAS; even as his own lawyers were arguing, successfully, BEFORE THE SUPREME COURT THAT IT IS A TAX.
why dont you go cry with dumbtothebone? you 2 can have a party lying to yourselves about basic realities
So you don't think Congress could/can repeal a law, just because the Supreme Court said it was a law!
Dave Congress could overturn the whole thing we do have a free market society that would be the reverse of a free market.