Where is all the no raising the debt ceiling from baggers? Time for some new bags to replace the two faced bags. This is bipartison also, the GOP and Baggers.
Obama - "The time for putting 'party' first is over," he added. "It’s time to step up and show the leadership the American people expect."
As he continues to refuse to offer a proposal, and continues his partisan attacks on the Republicans.
Who's responsible for the Budget Deficits and the Debt?
While it's tempting to blame the President for Budget Deficits, it's actually the responsibility of Congress to pass a spending budget, which establishes the amount of the Deficit each year and any required borrowings on the Debt. So what does the record show, based on who controlled Congress over the last 30 years;
DEFICITS ($7.304 Trillion)
Total Deficits when Democrats controlled Congress (12 years) = $5.022 Trillion. Total Deficits when Republicans controlled Congress (10 years) = $1.219 Trillion. Total Deficits when Congress was split (8 years) = $1.063 Trillion.
NEW DEBT ($12.654Trillion = 93.3% of all the Debt in our History) (a)
Total New Debt when Democrats controlled Congress (12 years) = $7.623 Trillion. Total New Debt when Republicans controlled Congress (10 years) = $3.260 Trillion. Total New Debt when Congress was split (8 years) = $1.771 Trillion.
Spin it all you want, but these are the FACTS
(a) – Contrary to popular belief, the National Debt increases far more than the Deficits for each year.
Sources - Democrats controlled Congress from 1987 – 1994, and from 2007 – 2010. Republicans controlled Congress from 1995 – 2000, and from 2003 – 2006. There was a split Congress from 1980 – 1986 and for 2001 & 2002. The government site to verify National Debt increases is;
The Tea Party is this nation's only hope. We need less government, less spending, and a balanced budget amendment. Cut spending now. CUT, CUT, CUT. No more taxes. We pay too much tax already.
We must, absolutely must stop spending our kids and grand kids money. We are running up huge bills that we will never pay back or even be able to pay back. We are borrowing and spending money we don't have. We will then retire or die and leave the bill to our kids and grandkids to pay. We ought to be ashamed. How selfish. How irresponsible. How shameful. Are we that self-centered and selfish? I hope not. Can other folks not see this as an evil that must be corrected?
So, who's going to cut spending? When are they going to do it? The Republicans and Democrats don't have the guts to do it. Makes too many people mad. But how stupid do you have to be to spend money you don't have, year after year after year? The answer is obvious. Stop spending now. Is that cruel? Is that unkind? Is that uncaring? Is that unfeeling? No, it's just realistic, solid financial advice, it's just common sense.
Here's the funny thing about the tea party. It exists only in the minds of rational, responsible taxpayers, who have been digging into their pocket for years to pay for this stupidness. And guess what, the tea party is not afraid. It doesn't have a national candidate. All of its candidates are all local. Liberals from states like California and New York (states that are basically bankrupt) cannot "vote out" South Carolina, Oklahoma and Iowa tea party candidates! Pretty amazing and the liberals just don't know how to handle it. The tea party folks are truly a force to be reckoned with, my friends, a force to be reckoned with indeed.
its pretty clear Boner and his cronies want to ruin America on Obama's watch, and it's the only thing you can say they're doing a damn good job at. the rest of the world is laughing at you and your immature, incompetent politicians
Papa G, since Obama nd the Democrats got us into this mess, how could Boehner be trying to ruin America. Ruining our great nation is the business of the Democrats. RINO Republicans like Bush have let them get away with it for too long.
papa g-2380005 - the only person or people who want to RUIN this country is odumbo and his cronies!!!!!! Stop drinking the kool-aid and open YOUR EYES!~
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
To all you Republicans - you elected liars and whores to office. They answer only to big business and the rich and are laughing as they ruin all of our lives. The worst part of it is, the GOP used to be a party you could respect. No more. As for the Peter Principle, Roy - you sent the epitomy of the Peter Principle into office when you elected Bush - don't even go there with Obama who is intelligent and doing a good job with the crap Bush left.
The teabaggers, birthers and right winged facist all need their prolixine and prozac script doses upped. Because they are all kooks. They have been wrong on all counts since they came in office. They are going suicidal and want to take the rest of the country with them. They belong out of office and in mental institutions. The only good thing coming out of this is that the entire publican party will be forced out of office for decades
Roy, It's not too late to see a Democrat challenge to Obama. Obama is clearly not qualified to run for President. Easily the worst President in modern times, and possibly ever.
"Never, never has there been an intentional disaster perpetrated by the very people who were sent here to be the caretakers of this country"
the broad that said this is exactly right ...and she is refering to the Senate Demolosers that shirked their Constitutional duties and have not passed the budget that they were supposed to have done back in October of 2010...they would have seen then what needed to be done , the liberal lemmings of this nation have been breathing Reid and Pelosi and Obama fart gas for so long that they will never recover from it...oh well , thinning the hurd never hurts
whenever someone tells me to "stop drinking the kool-aid" I can't help but laugh. its such a ridiculous way of discounting those with intelligence, an education, and/or an informed opinion. I dont stand to lose much when your country goes down the drain, maybe its you people who should "stop drinking the kool-aid" and elect some politicians that dont act like 5-year-olds when they dont get what they want
Here's the proposal, Roy Wilson. Don't you read a paper, at least?
This is from the NYT, but it's in other places also. "In July, President Obama pushed for a sweeping $4 trillion deficit-reduction deal that would include reductions in Social Security, Medicare and Medicaid as well as changes to plug tax loopholes. The House Republican leader, Speaker John A. Boehner, expressed interest, but quickly backtracked in the face of protests from conservatives opposed to tax increases.
As the drive for a deficit deal slowed, it became clear that disagreements were less over dollars and cents than a broader clash between the two parties over the size and role of government. There is also a divide between older Republicans, who remember the budget showdowns of the 1990s in which they were outmaneuvered by President Bill Clinton, and a younger, more absolutist wing of the party."
ROY why would the president have to have a plan. Isn't it congresses job to draft bills. You can not draft a clearly one sided bill and keep saying we passed something were done.
The Republicans in 2010 ran on a platform of reigning in spending and big government and that is what they are doing. They do not trust the Democrats after that fiacso they pulled on the budget that almst led to a shutdown. These Republicans already had to break their promise to their constituents when they said they would cut $100 billion from the deficit. The Democrats whittled that figure down to $60 billion, then $38 billion, then really pissed them off when the CBO said the cuts really only amounted to a couple hundred million. There is no trust now and when Harry Reid says there are $2.7T in cuts, how can he be trusted after that stunt he pulled earlier this year??
This follows of trend of Democrats duping the Republicans. The Dems promised a secure border after they got Reagan to commit to amnesty for illegals. They got HW Bush to increases taxes breaking his infamous "read my lips" promise. Now this crap with the reducing spending. Democrats do not bargain in good faith. I can see why the Republicans, especially the newcomers, are not buying a word Harry Reid and his minions put out.
BabyBoomer48 "Here's the proposal, Roy Wilson. Don't you read a paper, at least?"
You seem to have a problem distinguishing between a rhetorical statement and a real proposal. A REAL proposal has details, not just talking points.
Give me details on what Obama said he would cut, and when he would cut them, and THEN he would have a 'plan'. Just saying he 'agreed to talk about them' is not a plan.
Baby Boomer, when you read the NYT, and you get to the part where it says "Obama wants to..." you can stop reading. What follows is irrelevant at best, and probably worse.
There, I've saved you countless hours of wasted time that can now be put to more productive matters.
I cannot believe that you rednecks were so mad about having a black POTUS that you dreamed up this Tea Party BS. Where were all of you when W was running up the CC on BS wars and Tax Cuts that were not paid for. He was hande Gold by Clinton and destroyed this country. The rednecks were happy then because one of their own was in the whitehouse.
Geo, yes I do. My rep is a tea party guy, I email him all the time and get the same old drivel back all the time. I just finally told him that I was going to do all in my power to make sure he is not re- elected. For the first time, I am going beyond voting and actually becoming an activist. And I urge everyone else that feels like I do to actively campaign against the teaparty next election.
Boehner decided to make raising the debt ceiling a huge grandstanding issue and now he whines that he "stuck his neck out" in the process. If he had the skill or the guts to deal with the tea party minority in his own party he would not have an issue.
Raising the debt ceiling is a decision to pay what is currently owed. The process for dealing with the debt is the budget process and careful review of every spending bill. It is also the prerogative (and duty) of Congress to review programs for efficiency and need.
This political chest thumping the Republicans have chosen instead of doing their duty is ridiculous and harmful to an already struggling economy. Boehner appears not to be up to his new job, but I hope he sticks it out for awhile because Eric Cantor, his likely replacement, is even worse.
Now that his neck is stuck out, can someone PLEASE just lop off his head. He passes a DOA bill and crows like he accomplished something. There were two criteria for the democrats to even look at it, first, balanced approach meaning revenue and cuts, second, no short term deal. This pile of trash the tea smokers send to the senate contains neither and it contains a version of a balanced budget amendment that no one with any respect for the future of this country should have been caught dead voting for. NO SALE. VETO!!
Hey Roy - you buy into the GOP book keeping methods I see. Factor in the wars and what it cost us, you know the expenses bush never factored...don't forget about the interest paid on said money also.
GeoSapper "Roy, It's not too late to see a Democrat challenge to Obama. Obama is clearly not qualified to run for President. Easily the worst President in modern times, and possibly ever."
I was hoping that Hillary was elected. I really think she could have done a better job than Obama or McCain, but though she got more votes in the Democratic Primary than Obama, she got sidetracked by the liberal prospect of "The first Black President".
What do you hate about the HC bill. Or have you read it? A mandate for all to have HC actually saves money. But i know what is wrong with it. It was a DEM idea, no wait I think that it was a REP frontrunners idea.
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
Where is all the no raising the debt ceiling from baggers? Time for some new bags to replace the two faced bags. This is bipartison also, the GOP and Baggers.
LOL, and your mighty saviour has a plan? What is it? It doesn't exist! Over 800 days and your leader still can't get a budget passed through the Senate either. I guess we now know who the real party of "NO" is don't we?
The Democrats will cause our Country to lose our credit rating. Every time you spend more money due to our interest rates rising, blame the Democrats for NOT doing their job!
Come 2012, just remember who was trying and who wasn't. ONLY TWO bills have passed half of Congress, and they BOTH were written by Republicans. The Democrats haven't produced a single bill yet let alone passed one through the Senate. Not even Obama can produce a CBO analysis of his plan the Democrats claim he has, but hasn't shared with America or the Republicans.
I've heard of partisan gibberish before, but seriously, get off the cool aid (it stains).
Roy, the "Peter Principle" is about about a company promoting someone. Political parties are about power brokering behind closed doors. You don't have to be competent in running anything at all, just in brokering support.
Shiela, I'm sorry to hear that. The overwhelming majority of the Tea Party is concerned about restoring fiscal sanity to Washington. If your representative is doing that, I'd hope you would support him. Our country has been going off track for a long time, but it is the combination of the Tea Party plus the most destructive President in modern times that has brought this issue to a head.
I live in one of the highest-taxed areas in the country - NYC. A full 38% of my very average middle-class paycheck goes to taxes of some kind. And you know what? I think taxes should be raised.
Are your innovative free markets going to maintain our crumbling infrastructure that's been underfunded for decades? Will your free markets provide healthcare for the elderly? Will they reign in greenhouse gas production voluntarily?
Call me a liberal - some of you will. I don't care.
Because I believe some things are worth paying for.
Does anyone else find it incredibly sad that the BIG ACCOMPLISHMENT for Boehner is that he got his OWN PARTY to finally vote together?
Seriously, he didn't miraculously get Dem support. He didn't craft a bill that would make it through the Senate. He didn't even get close to something that can be considered compromise or bipartisan.
No, his ONLY accomplishment was getting his OWN party to finally vote together. That's it. And for some reason, Republicans are actually proud of this retarded feat.
Only hope for what? Defaulting on our debts? Because they will be the ones to blame if the U.S. does. They and their GOP cohorts constantly repeat the phrase "we're doing what the American people want", as if repeating it enough times might make it true. Look at almost all recent polls (except maybe Rasmussen, who is in the back pocket of Fox News): while many Americans blame Obama for the mess, even more blame Republicans in Congress. Over 60% of people don't want changes to Social Security and Medicare. Most people think the top 2% (i.e. millionaires and billionaires) should pay more in taxes.
This is not about spending more, it's about making good on the debts we already have. If we don't, the Tea Party will be responsible for the largest indirect tax increase in recent memory, since interest rates will rise along with the prices on everything. Wouldn't it be ironic if the Tea Party -- after all, the "Tea" in Tea Party is an acronym for "Taxed Enough Already" -- was responsible for the next recession?
On the bright side, if they do precipitate a default the people will know it, and the only place that will elect a Tea Party candidate will be in the backward states in the Deep South...
Papa G, since Obama nd the Democrats got us into this mess, how could Boehner be trying to ruin America
Just yesterday . . . just ONE F**KING DAY AGO . . . Boehner admitted that the Tea Party Republicans are trying to cause chaos. Your own leader admits that the Tea Party is trying to destroy America.
Then McCain jumps in, calling them all idiots in bizarro world, and explains to the Tea Party that they are not Hobbits on a quest to Mordor.
Then the Republicans hold a meeting where they show a video that basically associates the Tea Party with a psychotic lunatic who is incapable of seeing any other opinion other than his own.
So ALL of these Republican leaders point out that the Tea Party is trying to ruin America . . . your own God D**N party admits it that the Tea Party is honestly trying to destroy the country . . . and you argue that it's not true.
Do you have a mental condition? Seriously, because only someone with an extreme mental condition would completely forget everything that happened YESTERDAY!
Geo, I want no part of a party that is not open to any compromise at all. The teaparty got a lot of republicans in, but this is not the republican party I supported for years. You might want to remember the tortoise always wins the race. A party that becomes too extreme in its thinking is good for no one.
It truly is sad to see all the CONTINUED hate mongering and perpetuated ignorance on the part of GOP minions, in here.
THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!
As usual, the GOP confussion factory continues to distort, tear down, disassimble and mock anything and everyting the OUR PRESIDENT does to the detriment of our country.
You have the usual list of Faux News full-time bloggers in here posting their repetitive diatribes, absent any objectivity or design for truth.
HOW ABOUT JUST ONE OF YOU @!$%#S BE HONEST:
OBAMA IS COMPROMISING AND YOU CAN'T BECAUSE YOU HATE HIM SO MUCH. AND THERE IS THE DIFFERENCE - YOUR HATE. THE REST OF US ARE THINKING COUNTRY...
Thoughts from Cali, I asked "How could Boehner be trying to ruin America," not the Tea Party.
Never quote McCain as a voice of vision in the Republican party. He couldn't even beat Obama.
I still stick by my guns: it is the Democrats who got us into this mess and are leading the country to ruin. Please don't mistake that for me saying that anyone who chooses to put a (R) next to his name is automatically a saint.
Over 60% of people don't want changes to Social Security and Medicare
Maybe those ill informed 60% have no idea that if changes AREN'T made, there will be no SS or Medicare in 10 years. Then what? Over 10,000 baby boomers PER DAY are eligible for these services for the next 19 YEARS!
Shiela, the Republicans have compromised an enormous amount - too much in my mind. Unfortunately, a lot of what they bend/cave/compromise on isn't reported that way. Remember the budget battle in the spring? The Republican position that started as hundreds of billions in cuts resulted in almost no cuts. Where was the great accolades from the left and the press to claim that the Republicans are great compromisers? It didn't happen.
So the truth is that the Republicans get almost no credit for trying to work with teh Democrats, while at the same time Democrats lie, weasel, cheat and steal (Google: Schumer) and rarely get called on it.
Like most things political, what is defined as extreme, or in this case "compromising," all depends on where you are standing.
I suppose in your altered reality you actually believe the Republicans compromised. However, the rest of us who live in the real world know that the majority of polls taken clearly show that Americans believe the Republicans have not negotiated or compromised in any way, shape, or form. I can't believe that this small minority in our U.S. Congress tried to hold the entire country hostage. Compromise is a way of life for anyone who wants to lead a productive one. Any business deal requires compromise. If these newly elected Congress members can't compromise, then they should be voted out of office so that America can move forward in its economic recovery.
We aren't in this mess because of the President; these problems started before he even got into office, and all he's done is temper the damage in the best ways possible. We wouldn't be in this sad state of affairs had we not gone through seven years of Teapublican economic policy before Bush caused the Second Great Depression. You know why we have to run up the debt? Because we had to keep the country from completely collapsing under the Bush Depression.
Teapublicans under Bush? Sorry Toasty, but Bush and the Tea Party dont belong in the same sentence. In case you missed it, in 2010 the conservatives jettisoned most of the establishment Republicans from the Bush adminstration in the primaries.
And I dont understand why you liberals hated Bush. Everything the man did, outside of tax cuts and the wars, were right up you lib's alley. Expanding government bureaucracy, expanding medicare, a crack at amnesty for illegals. This guy was a RINO if I ever saw one!
Its hard to get excited about a partisan bill that has no chance in the Senate. I am not exactly going to blame the Dems if this doesn't go through.
Remember, weak as it is, Republicans do not hold the majority in the Senate, and do not hold the White House. Even if they act like they do. Don't believe the hype that they represent the majority of how Americans feel either, because the majority of Americans think they suck as much as the Democrats right now. Just as much.
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
Boehner's bill barely passed in the House. That means that a number of republicans were against it. It looks like a number of republicans in the Senate are also against it. The question is why has Boehner wasted everyone's time on contriving a bill that his own party is split on? I guess, symbolism is alive and well, even though you know it's going nowhere. It just shows how ineffective this House Speaker is. But, he is boasting that the House has passed two bills, even though his own party was/is split on both of them. What a bunch of nonsense. And I thought I was confused..... We will remember all of these tea-thrics come November, 2012. Keep digging your graves republicans.
The question is why has Boehner wasted everyone's time on contriving a bill that his own party is split on?
The same reason Reid has. You pass a bill, the other guy passes a bill, then you work out the differences. Same as always, the only difference is people are foaming at the mouth about this one.
We will remember all of these tea-thrics come November, 2012. Keep digging your graves republicans.
Maybe, and maybe in ten years we'll realize we dug our own grave by not listening to them :(
To the people of Nevada, it's your fault we are where we are, you re-elected Harry Reid, when you should have made him stay home. He's hurt Americans enough all ready with Obamacare, yet, you sent him back to hurt us more. Thanks for that! (sar)
After the Senate vote, Boehner spokesman Michael Steel said, "For the second time, the House has passed a reasonable, common-sense plan to raise the debt limit and cut spending and, for the second time, Sen. Reid has tabled it. The responsibility to end this crisis is now entirely in the hands of Sen. Reid and President Obama."
Yes, the House has been trying to get the job done, but we have a Senate and White House who insist on bankrupting the American people so they can continue to spend like drunken sailors. This is disgusting.
Mr. President, how low will you allow your approval figures to slip down because of your inability to see reason? More Americans are seeing why you shouldn't be re-elected RIGHT NOW. (Too bad they couldn't see it in 2008 like I did......while I'm glad I didn't vote for you, I'm really sad for our country and how you've brought us down in such a short time. How can you sleep at night, knowing all the damage you've done? Or do you actually believe your talking points?)
As far as I am concerned the only problem in this whole situation is Harry Reid. He has refused to allow anything to come to the floor for debate, which in my opinion is unconstitutional. He has failed to pass any budget since September of 2008, we are still looking for the 2010 Budget which was due Sept 2009. If this man does not allow one thing to get to the floor then how is anything suppose to be worked out, compromised on and voted on. We send our elected officials up there to represent us. But when one man refused to allow our elected officials to have a voice then we have a dictator in our senate. I am not happy with any of the parties. But I also am not blind that I cannot see who has been our primary problem for the last 3 years and it isn't the Tea Party, it isn't the house or is it even the President. Its this man!! Thank you Nevada!
roy's numbers have been shown to be a poor yardstick to determine "whose fault" it is for the deficiet in previous blogs. Yet he cuts and pastes the same tired article in numerous blogs, so much so that it has most people in a coma, but for the TP types it is the holy grail (read Kool-Aid)
Does anyone find it peculiar that the GOP/Kochheads have all acknowledged that job creation is hindered by uncertainty, yet everything they have done is to create uncertainty even over things normally considered routine?
Maybe those ill informed 60% have no idea that if changes AREN'T made, there will be no SS or Medicare in 10 years. Then what? Over 10,000 baby boomers PER DAY are eligible for these services for the next 19 YEARS!
Really? Even your faithful Fox News, although they spin it to favor the GOP when they say SS will run out of money by 2037, by default admits that Social Security will be solvent until 2036! (http://www.foxnews.com/politics/2011/01/27/social-security-fund/) That's twenty-five years...25 years to fix the problem, 25 years of seniors getting what they paid into for all their working lives. If you had paid into a savings account for all your working life (assuming you even work) then had it taken away just as you retired...how would you feel?
That's another thing the GOP is doing to cut it's own throat. Seniors are a major factor in GOP voters...now the GOP is alienating them with all this stupid Tea Party crap. When the Tea Party started their rallies were strewn with ill-informed seniors with their "Keep your government hands off my Medicare" signs...now it's exactly those Tea Party clowns who want to literally take away Medicare...and Social Security!
The Tea Baggers, the few there are left, especially the ones in here like: AZChzhd, GeoSapper, ROY WILSON-336103, pjam09. Are perfect examples of how out of touch with Reality these Morons are!!! They really believe that they have actually accomplished anything other than making themselves a bunch of one term REP in Congress, they don't seem to have the slightest Idea that the American people hates their ways, that the independents that voted for them in 2010 are feeling the worst case of buyer's remorse in the history of the United States Of America, that not a single Senior Citizen is going to vote for them, that most of the Democrats did not even bother to vote in 2010 and, that is a mistake for which the whole country is paying dearly right now!!! There is only one thing that you guys have been successful at and that is quoting the words written on AdmiralIsoroku Yamamoto personal diary "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve." Yamamoto said those words after the biggest political mistake that Japan has ever made, attacking Pearl Harbor; by the way, that was the last time that Japan was able to make any other political mistakes. We all know how that one turned out for them. Well Tea Baggers… You guys did it and the people will punish your childish behavior, your willingness to destroy what's left of our Country, for making all of us the laugh thing stock of the whole world. Your stubbornness has brought us to the brink of destruction. See ya' all in 2012 at the voting polls.
Trust me Jhon Smith, we are still here and growing every day. We can't wait to see you at the polls in 2012. Obviously you have no idea how the tea party is growing. Just because we are currently quiet doesn't mean we are not here. We are everywhere!
Please invoke your Executive Privilege given to you via the 14th Amendment of the Constitution of the United States of America and raise a "clean" unfettered debt limit and tell the Teabaggers to GO TO HELL where they were spawned and surely belong!
Sincerely...The Vast and Overwhelming Majority of American Citizens
Obviously you have no idea how the tea party is growing.
It's you who have no idea how the Tea Party is shrinking! Or do you really think that if we default on our debts that anyone is going to take those moronic Baggers seriously?
Dear liberals/democrats PULL YOUR F"ING HYPOCRITICAL HEADS OUT OF YOUR AZZ...there I feel better...the PARTY OF NO more america DEMOCRATS and left wing liberals who think money grows on proverbial trees...
You know...even the semi-sane Republicans are trying to reach a compromise, unlike Boehner and the House's "bipartisan" bill that zero Democrats voted for! That's as bipartisan as Boehner claiming he's "doing as the American people want" despite every poll (except for some of the Fox News Rasmussen polls) saying otherwise.
The only reason any Democrats would "pull their head out of their azz" would be to allow you and your other Tea Party blockheads to put yours in there...on second thought, I'd rather have the $#!+ (fecal matter) that's in there now than any Tea Bagger's head...or any other part of his/her body...
Baggers aren't conservative, aren't libertarian, aren't anything, really, other than a bunch of people throwing a tantrum instead of working on anything. Don't worry Baggers, actual thinking conservatives are at work. Just don't cry when the country works because of it, but, um, your favorite few-cards-short-of-a-full-deck politician gets, well, nothing in the deal. Nothing but a lot of blood pressure.
Derek - wrong, you are confusing Liberals with the Tea Party. The Tea Party actually has the best interests of the Country in mind, not buying votes for the next election.
Just read the lastest incarnation of the bill and it is the weakest yet. We will definitely be downgraded and start paying more interest on the HUGE debt.
It was unclear whether tax increases could contribute to the additional budget savings under the trigger.
Someone better find out ASAP! Talk about "Dead on Arrival." That's what exactly should happen to this bill if tax increases are part of the plan.
you people who defend either party are being snowed. if you raise taxes the(gov) will just waist it. get off your party and stand together as AMERICANS and rid this country of these tyrants. P.S when the shazit hits the fan you better hope you have a gun! oh thats right most of you think your party will save you? NOT
No, willowbrook, I am indeed talking about the Tea Baggers this time, as opposed to their counterparts in psychotic behavior, the Eco Terrorists. So happens sickofthisshazit is right on the money.
Sorry about your luck there Derek - your stick with those self-serving Liberals who are only interested in winning the next election, not the financial health of the country. The rest of us want the problem fixed. Votes are not the problem, overspending is. Will get back to you when the entitlement programs are unable to pay out. As it is, there will be no SSI or Medicare when it is time for me to retire if we continue down the path we are currently on. I'm already taking steps to take care of my needs, as the govt. has taken my money and squandered it. I've worked all these years so poor people can have cell phones and flat screen TVs and Illegals can collect US welfare. I don't think much of that. Younger America has no clue what it is to be truly poor. It it about time that they learn.
The problem is right there in your first sentence. You can't tell the difference between someone who is independent or conservative versus an extremist (that's you, by the way). Lefty extremists think all of you are Nazi's, etc. On the other hand, you can't see anybody who disagrees with you as anything but a member of the other side.
And that problem leads to you being forced out of everything. Many as they are, lefty and righty extremists are full of talk and get no results. Oh, and then get mad that all their anger didn't get them the results they feel they deserve.
'you' wanting the problem fixed isn't really what you are saying at all. 'you' want it fixed your way, the 'right' way, or it isn't fixed. So you aren't really interested in solving any problems, are you? You are interested in getting 'your' way. It never occurs to you that solving problems involves listening as well as raging, and then you (and of course, the counterpart radicals on the left, like PETA and the whale boat hunters) get shoved to the wayside in the negotiation.
You are going to be unhappy from here to eternity. If the government fails, your version of a pop-gun won't save you from an invading country. That would, again, involve working together with people who may not think exactly like you. So sure, take great solace in bearing your personal cross until then. And I suppose satisfaction that if you go down, some psychopath on the left will perish too. I personally don't think it is a lot to aspire to, however, you know, living in the prison of your own thoughts. But hey, you enjoy it over there. The rest of 'us' are moving on....at least I am....
Less than 48 hours to De-fault. Never before have we faced this until the Tea Party took over the House. I hope you all remember this in November 2012.
Perhaps if we had a TEA Party or some similar movement in the past 90 years the Liberal Progressives would not have been able to create the unsustainable government we see today. 90% of our government is not Constitutionally mandated. This is the problem, not the TEA Party.
Constitutionally limited government, fiscal responsibility and free-market principles are what our country should be about. Not ever growing government that doesn't care whether their thousands of programs are functional let alone affordable.
Remember, in 1960 our poverty rate was 14%, today it is 14.3%. TRILLIONS of dollars have been wasted on this and other programs such as the wars on drugs, crime and illiteracy. When do the Liberal Progressives finally admit their nanny-state governement can never exist in a society our size?
I would hope more people remember this in 2012 also. The TEA Party has brought to the forefront this massive unaffordable government that has been created.
Speaking later Sunday, House Democratic Leader Nancy Pelosi said it was unclear whether House Democrats would back the deal. "We all may not be able to support it, or none of us may be able to support it. But we'll wait and see," Pelosi told reporters.
Wait and see whats in it...Nancy's famous last words...
When is the wizard of Oz going to drop a house on this wicked witch?
Attention spans. The lower I get down the list here from top to bottom the less the voting gets. Fellow Democrats we have been had .What did we gain in all this mess? A big fat goose egg. I hope Ralph Nader does what he proposed and jumps onto a Democratic ticket and challenges the president in 2012.
Both Democrats and republicans enjoyed spending the money for their home States and their Political Interests. The Republicans back the Military, Big Oil and Big Banks. The Democrats back Social Programs, foreign Aid, Education and Government work projects. SPEND, SPEND SPEND. Now here comes the bills and they point fingers at each other. He Did it , no , they did it, yet, no one wants to pay the bill, so, for the 40 years, since Viet Nam, they pull out the "Government Credit Card." Borowed on the "Social Security Trust" putting in I.O.U.s. They promised a TAX FREE retirement program we paid taxes on premiums for and already they are taxing it if you make over 25K. Double taxation is already here on Seniors and now come the cuts.
Now the incoming income is not enough to pay all the bills coming in each month. it is Time to cut back the spending and ask for a raise. Powerful Big business does not want to give then the big raise. The Powerful wealthy don't want to give them the big raise either. So now, all the little people, with no power, will be forced to give up their money, Social Security and pensions because they have no power.
The tea party is not working for the "Working Americans" or "small Business" people who will be left holding the 16 trillion dollar bag for 100 years. We are headed for a Dictatorship where a wealthy group of powerful people Will dictate how much you will make and how long you will work. Labor laws will be thrown away and on the backs of workers will be forged the new Corporate America. Unions will be banned, Minimum wage eliminated and as we race toward the bottom and child labor will fuel the debt paying economy so the Rich can sit high on their hills and watch us suffer.
The Veterans from WWII, Korea, Viet Nam who depend on the VA and Social Security will be thrown out on the streets. Everything they fought for to defeat tyranny will be for nothing because the tyranny of the "Corporate America" will put profits first and veterans were always expendable, that is why we "DRAFTED THEM", they were never meant to survive. The ultimate death panel.
Derek - there is only ONE way to fix this problem. If you are spending more than you have in income, then you need to stop over-spending. What Washington is doing is dancing around the solution. Washington is spending far, far more than it is taking in. Raising taxes will not make up for the short fall. (let alone, with our currently poor economy, will probably end up not bringing in the revenue the govt. thinks it would.)
And no I'm not an extremist, unhappy, or a prisoner of my own thoughts. I am, however a person who has successfully lived through enough problems and hard times to know you can't always sugar coat everything and it will be "all better." Real life is not that way. It is time Washington steps up to real life and stops sugar coating.
Seriously Newsvine??? You have to keep running the same discussion board on every news story related to these deficit talks??? who has time to go through 29k comments?
@willowbrook, actually you have to raise revenues AND cut. If you got me a crazy extremist from the left who thought it was only a good idea to raise revenues on the wealthy and corporations, and keep all entitlement programs just the way they are (they'd probably want to add to them too), I'd laugh my tookus off. But cutting only is not going to do it either. Based on the deal that just got made, by the way, we WILL be talking about raising revenue soon enough.
Fine, if you want to say you aren't a 'prisoner in your own mind,' I accept. Just remember, if you look at someone with the opposite point of view as you, and it is obvious they are only listening to one side of the arguement, well, that's what it looks like when you or I do the same thing. In other words, it looks crazy.
Today is a good day for the dealmakers. And while sometimes dealmaking is a dirty word, today it isn't. People aren't happy, particularly extremists, and that is a good thing. It has been a gravy train for those who have had low taxes, and they just can't get it, even though the country is burning money. It is also time for those who want to make no sacrifices at all just because they work for the government to step up. You cut costs and raise some revenues to normal levels, and lo and behold, you'll have a chance. Do either/or and the math shows its over.
You Income has been stable say for TWO years, in those TWO years you where ably to put some money aside for " Rainy days" then a Month ago, you or someone in your Family started to spend More then you income, So if YOU cannot increase you Income, what IS the solution ? And why must you say " IF i cannot Increase MY income i will NOT reduce expenditure"?
@ Derek - I never implied or said you were Liberal, extremist, or otherwise. Nor did I say or assumed I knew what you believed.
Actually, I have considered the both raising taxes as well as cutting spending, for some time. Here is why I am against raising taxes. In the recent decades, we have fallen into a pattern of lowering and raising taxes for various reasons. But, especially in recent years, the govt. has spent, and borrowed, spent and borrowed. Which, oddly enough was a mirror of the spending practices of a fair number of Americans. When this was popular, all those involved were happy and had the "appearance" of doing well. This house of cards fell first for the average Americans. Mortgage and credit maxed out, they had no where to go financially, when the job was lost, or cut back. In the case of the govt., pretty much all parties are guilty of this. Now we are to the point where they need to make that decision. What is the solution? Raise the debt limit and continue to play games and make "promises." Would the credit card company raise the credit limit on a maxed out card based on the holder's "promise" that "I'll cut back my future spending to make up for the credit increase you are giving me." No, the card company would cut off the card until things were back in order. The govt. has no one forcing them to be accountable. They need the credit company to cut them off until the house is in order. Raising taxes is part of the "scheme" for the govt. to continue to abuse taxpayer money and not reform their ways. That is why they do not need any more revenue until they show the ability to "get their house in order." Then any future increases, need to be specific and defendable. Do you give an alcoholic a fifth and have good faith that he won't drink it? The cycle of waste and mismanagement needs to stop in Washington. Why not now? The sooner we start, the sooner we will get to a financially stronger place.
We are already behind in this process because of the "stimulus." The govt. passing out money they didn't actually have to create jobs was a sham. The majority spent went to propping state and local public sector jobs. Now that the money has run out, we are back to square one. Now they are doing the reducing and cutting back they should have done in 2009. And unemployment is not any better as well. People should have known better. This didn't work during the Depression, only WWII got us out of that.
Personally I don't see the point of repeating previously unsuccessful policies. This is not scholarly research, where we have to "prove" the failure of the experiment by repeating the research to see if it fails repeatedly.
Willowbrook...well said...Obama has not had a clue during the whole presidency....He has even admitted that he didnt actually know what a "shovel ready job" was and yet that was a major part of his rhetoric and program to convince the public that he had a program. His only program has been to increase spending and to grow government....and that doesnt work...and that has just been proven to us again....
that is NOT what he said, if you have to try and prove a point by putting words in another persons mouth, then you really DON"T KNOW what YOU are talking about.
MJL....One of Obamas big promises was that he was going to immediately get some shovel ready jobs going.....and he admitted long afterward that there is no such thing as a shovel ready job.....Most of the country knows this so I dont think you will be successful twisting it into something else....The brilliant Obama appears to be not so brilliant....but you will support him no matter how wrong and inexperienced he is....
No he said they weren't as shovel ready as he had expected. Do you know why they weren't?
It is because the funding was offered to the state and all of the Red states chose not to use it for INFASTRUCTURE. There IS such a thing as Shovel Ready jobs, but it is up to each GOV in EACH state to go after the money,
Like the AM TRAC in IA/IL.
Get you fact clear , quote FACTs not your BS, I am sick of it. IF you call me out on something be prepared for the TRUTH.
MJL...You spin everything...Immediate jobs dont happen because they take periods of planning and engineering and hiring and they have to go through gov rules, local and federal.....Actually he didnt try very hard...He could have had a commission ready to help plan and administer those kinds of jobs, but he just decided to give the money to states and groups and that did little good and produced almost no jobs...If that commission could have operated there would have been applications and jobs would have resulted...not immediately, but by now it would have been significant....instead he just made two or three hundred speeches....at least he knows how to do that even if it produces nothing....Obama FAILED....and He Is STILL FAILING.....He just talks....
No matter how many times people continue to prove you wrong, you still keep pasting those complete lies about the deficit.
Funny, I haven't seen anything that disproves the government sources Roy typically utilizes, including the White House, to support his posts. I am not surprised that people simply discount the truth because it doesn't fit in their self-imposed reality. A state of denial typically causes this mistake.
Isn't that why he specified shovel-ready projects to begin with? He wanted to give a boost to projects that had already been through the planning/engineering, etc.
Of course people like Chris Christie and the FL governor stubbornly refused after being selected - letting a golden opportunity for their states slip right by.
To me, this was a much better idea than just sending out checks to everyone, as Bush did, with nothing to show for it afterwards.
Excellent point, plus the USA infrastructure Sure,... needs an Upgrade, sending folks back a check does not do anything about the aging and falling apart system.
Just imagine how many $$$$ would be saved by a " fast train" in-between CITY centre to City Centre, and how much that would reduce Air Pollution.
I am simply saying that Obama had no idea what he was saying ....and later he admitted that he did not understand it at all....and I believe that....You will also note that I thought that he should have had a plan and a commission put together to accomplish the more jobs effort....Not just say nothing about it for the next yr and a half.....That jobs commission should have evalutated all the suggestions that came forth and put them in at least three catagories of immediate, mid range and long term. And It should have identified jobs that could be permanent as the most desirable....and programs that produced something of value as most desirable....Instead, he just gave the money to states and groups and there was no job building aspect to it at all....it is just gone and the states were not forced to immediately address their overspending problem and just put that off....That money is all gone and little good happened, Therefore it had little value....There was no plan..it was here, take this money....
Obama is proving once more that the liberal theory just doesnt work....Part of that theory is "just give us more of your money, we will spend it or give it away. It will produce little or nothing and then it is gone....Then give us some more or your money..".
MJL....One of the weirdest things going on now is the libs assumption that Obama is the most intelligent man in the world and knows all about everything....He has proven his lack of knowledge and experience continuously with error after error and yet still pretends that he knows what he is talking about.....I just have to believe that his rabid followers dont know much about anything also....Tell us, Do you actually believe that Obama has done a bang up job with the economy in his 2.5yrs and that you really like the results??? Or, will you still be blaming republicans for another few years??? Will we be having our second summer of recovery...and then third summer...and then the fourth summer of recovery??? Or is this as good as it gets with Obama??
Oh, JA, yea of so little faith or hope, you put you hopes and asperations in the tea party repubs. What happened, you watch the GOP Govenors attack in MI, WI, OH, FL, etc.
Going after unions but running on JOBS JOBS JOBS, but Boehner did say about unemployment , "So be it' . It must be very disappointing to vote for the Scum of the earth, GOP in washington to watch them attack, womens health, education, children, Elderly, poor, Veterans, tear down the 40 yr old jobs bill.
I won't mention GW, you live in a la la cloud unwilling to come down to earth.
Yes, the economy will recovery but NOT if a republican President. Obama has done a pretty good job considering the opposition from the GOP
"Make Obama a One Term President" Cantor , McConnell, Boehner,
But who had to pull everyone together to get the debt ceiling raised, in fact the GOP wanted him to take charge, you know as well as everyone else, it should have been a clean debt ceiling and then work on the rest, if you cant see what YOUR precious TP'ers are doing, everyone else sees it as clear as a bell, Won't work in 2012
MJL...Yea, yea, it is all wonderful that they are still fooling the people with more spending and debt....and by clean debt ceiling you mean with no promises to be honest with the public....Sorry, there is a limit on how much crazy Obama debt is allowed....You just wait, they will try to cheat on this spending limit....We all expect them to try to cheat it up again and again....They will be back with "we need to spend more" very soon....
Trust me Jhon Smith, we are still here and growing every day. We can't wait to see you at the polls in 2012. Obviously you have no idea how the tea party is growing. Just because we are currently quiet doesn't mean we are not here. We are everywhere!
So... You guys operate like sleeper cells? Interesting thanks for the Intel, we all ready had started looking at your organization as home grown terrorists, hijackers, extortionists, blackmailers, and religious extremists. too bad for you guys that just like any other extremist terrorist group instead of gaining the people's approval you're getting rejection, and everybody is distancing them selves from you even the GOP. Keep at it, you're doing a great job!
I dont think the left wingnuts name calling is going to work this time...Too many people are now aware of your tactics and your record....You have created a very dangerous situation for our country and now the smart ass name calling sounds like nothing other than smart ass name calling....There is no excuse for what the Obama experiment is doing to this country....You have created a huge disaster and people are now aware of that.
I dont think the left wingnuts name calling is going to work this time...Too many people are now aware of your tactics and your record....You have created a very dangerous situation for our country and now the smart ass name calling sounds like nothing other than smart ass name calling....There is no excuse for what the Obama experiment is doing to this country....You have created a huge disaster and people are now aware of that.
You said I hve created a very dangeous situation......... I have created a huge disaster and people are now aware of that,
How did I create anything? I do nt "go crazy" on anyone
Yes, I said what I said and believe....And, more and more people have seen the proof of that and believe it also...I dont believe the support for the Obama experiment is now so strong after failure after failure as people witness the seriousness of the lib mistakes that will be so difficult to get rid of....They have crippled our country and yet they still have the chip on their shoulders....And, very few of you guys would ever admit how wrong you have been....You would continue to just blindly blunder on....
I really do not know why any sane citizens would want to be President of the United States of America corrupt system? "We the people" can change the candidates in all three branches of our government; but we cannot change the corrupt system. I guess they must want to build up their resume for their next elected public servant job. President Bush recalled his presidency experience was as living in a cesspool of dung!! So I guess the presidency looks good only on paper but, in reality; it is death and destruction to their bodies personally!! I have discovered that unless all three branches of our government is working together.........for the better of our nation; our nation will be destroyed from within by our elected public servants known as "we the people" domestic enemies!!! I am waiting to hear a reporter ask a member of the House and the Senate the same question that was asked of President Barack Hussein Obama......."which comes first America or your race."
@DBW... this very Forum you comment on is a testament to American exceptionalism... I did not vote for Obama... do not like any of his policies... Indeed I'm a Christian, American, Republican... That order... Yet I understand very well why "Any sane person would want to be POTUS"
Someone has to say "Im not afraid to dive in the Cesspool" I will "attempt" to lead this nation." American system has it's imperfectness but we will struggle and overcome... not just saying it to sound good but Many people may have their own agenda to the WHY president but all are (including President Obama) are Americans who made it in America and want to see it better no matter the difficulties... This makes our Political and American system works... you don't like the Republicans... you can change your party and vote... you can speak out with out fear... you can organize a TEA party.. There are no limits to the possibility... Why would some one become a Father, Why would someone become a manager.. why would.... you get my point. This is the" Good thing" that President Obama did that we all can be proud of... He got up and did something about what he saw. I would to God that all Americans have this mind set: What can I do to change this for the better... for "God and Country"....
Republican jerks got a lot of what they asked for in that bill. They chose not to vote for it because it would have the President a victory. Shame on you all stop lying.
Boehner and the republicans are a disgrace to this country. People will not forget this in November. They have starved this economy and now feign horror at the state of it. Where are the jobs these liars promised us in November? Not one bill but plenty that attempted to curtail the rights of women, gays and minorities. Shameful. This crowd reminds me of how some of the kids in my afterschool program try and negotiate for what they want.. They should be sent home and told not to come back until they understand that we are all in this together. Frankly, my students behave better than these phonies.
Is that what you want, an Obama victory or what's best for the United States? They are not one and the same. If the President actually had a pair, he would have put his own plan out there in writing, but he chose to play politics instead. Even Peggy Noonan is calling him "a loser" for his failed leadership. I lived through Carter (but voted for Ford), but this guy makes Carter look pretty good. In fact, I wonder how many on the left are now wishing that Hillary had won? She at least has more of a pair than the President.
Irene, if the Republicans wanted the bill, they would have voted for it. Obama, Pelosi and Reid, the American Axis of Evil, crammed that pile of excrement down our throats without so much as even reading it!
You ask, Where are the jobs promised in November? They're in Texas, haven't you seen them?
We need the Health Care bill that was passed. The Insurance companies are only interested in making money. They deny coverage all the time. The GOP wants to get rid of the new law so they can keep employees from having a say on where they work. Insurance is a big reason people do not change employment when they want. How can all these fools fall for the GOP's stand on healthcare?
The GOP says a woman should not have a choice give by Rowe v Wade, then they turn around and say you have no choice in health care. GOP is fools they just want to control every part of your life, and if you do not like it they invent things like the Tea party to show you how stupid they really are.
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.
The "Neo-Con" Republicans (not your daddy's republicans I once voted for) see the writing on the wall, they have to have some sort of perceived victory over the Democrats to save face in view of their religious-right and corporate overlords, even if it means running the country into the ditch. It was OK for previous Presidents to raise the debt ceiling, but now it's a HUGE concern... can you say: o-b-s-t-r-u-c-t-i-o-n-i-s-m???
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
Remember all the revisions that went into "Obamacare"? Do you remember why there were so many revisions? Remember all the things that Republicans added? Yes, it was bipartisan.
Boner said he stuck his neck out? Not far enough-- when we lived on the ranch I got real good at chopping heads off chickens when they stuck their necks out when on the chopping block.
@Roy Wilson - nice concise analysis you've done Roy, too bad it's meaningless. Actions, programs, legislation, etc. enacted during one party's control can generate deficits (or surpluses) that are recognized years later when another party may be in control. A simple comparison of deficit amounts against who happens to be in control at that specific time period is worthless in terms of measuring who has real responsibility for actually incurring the liabilities. Nice try though. Just goes to show - "Figures don't lie, but liars sure can figure."
While we're posting hyperlinks - here's one for you:
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
It truly is sad to see all the CONTINUED hate mongering and perpetuated ignorance on the part of GOP minions, in here.
THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!
As usual, the GOP confussion factory continues to distort, tear down, disassimble and mock anything and everyting the OUR PRESIDENT does to the detriment of our country.
You have the usual list of Faux News full-time bloggers in here posting their repetitive diatribes, absent any objectivity or design for truth.
HOW ABOUT JUST ONE OF YOU @!$%#S BE HONEST:
OBAMA IS COMPROMISING AND YOU CAN'T BECAUSE YOU HATE HIM SO MUCH. AND THERE IS THE DIFFERENCE - YOUR HATE. THE REST OF US ARE THINKING COUNTRY...
You an other GOP keep bringing that dead horse up. I suppose that you would like if you had no health care at all. An now I look at all the GOP an they are trying to rape america again they have been doing this since Bush. Unpaid wars Tax Cuts for the rich loop hole for the corp. the lead that Party around by the nose. Don't even give me this Obama care crap I say let dump the tea party in the bay like the tea baggers the are. They are not looking out for the American People they are looking to line their own pockets just like most of the GOP that has been elected.They have no idea how to govern. If Boehner would of done the right thing an compromised the Repubs might of save some face instead of sticking up the tea parties a====
kemetstry "The country wants Obamacare. Deal with it"
Yes, they want it to go away. The LAST thing we need right now is another expensive, unfunded 'entitlement' program that will help bankrupt the Country.
Sorry, those are NOT facts, just spin. BUSH CAUSED THE DEFICITS of the last ten years and you F'ing know it. The tax cut alone was just devastating to this country. No one that pays attention is going to buy your B.S.
StopTheLiesNOW "THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!"
Nice try at a 'spin', but all of the reports said that they (Obama and Boehner) negotiated a cut in spending of $1.65 Trillion, $800 Billion in new tax revenues from tax reform, and an increase in the debt limit of $2.4 Trillion, but then, at the last minute, after conferring with Harry Reid and Nancy Pelosi, Obama then demanded another $400 Billion in new taxes, which caused the deal to fall apart.
I suspect that Obama wishes that he kept that agreement, but it's too late now. Obama is the epitome of someone who is clearly "in over his head".
The Peter Principle certainly applies to him. See Post #2.12
I'm sure you have been the benefactor of the "Peter Principle" your whole life...starting with being the smartest 15 yr old in the 5th grade....to working your way up to the "leader" of the current therapy group you have been court ordered to attend...
Rand Paul is such a phony that he can't even show his real head, it must have a big point on top of it. I would slap that wig off of his pointy head, and make him eat it.
Just ask yourself how many Obama supportive comments you've seen on the part of the REGULARS in here who CLAIM to be independent???
Like their master - Faux News - claims of "Fair and Balance" masking an agenda of deception.
I for one am glad to see the cost reductions that are going to occur due to GOP pressure! I only wish the GOP/TB could share in my compromise and look for some patriotism from the top 10 percent.
It's 2011 and the Bush tax cuts did not work. Deal with it.
Unlike the posers in this forum, I actually am a moderate but I learn liberal on fiscal matters, conservative on social ones... Why? Because I actually have an education other than media propaganda and I look at outcomes over a bunch of rationalization drudged up by GOP operatives pretending to be legitimate news outlets.
Those independent colors of yours are showing again. About as honest and reliable as your information. lol.
Look at outcomes over abstract truths and you'll be a lot better off.
OBAMA has given YOUR party what it wants... you won't compromise! Boner, walks away... Boner won't return calls.
Man up and see the forest for the trees. McCain along with a host of other GOP of old are aligning themselves AGAINST the TP --- come on, admit it... you can do it. They see past Faux (YOUR) spin. LOL.
Proof please. Can you actually point to an unbiased poll that says that a majority of Americans want Obamacare or are you just spouting leftist rhetoric because that's what you want to believe?
Old School Latin Teacher: As a teacher you should have know that it is not the job of the President to write bills, that is the job of the congress, because there has been no respect for the President based on him being a Democrat as well as being a Black Man (and don't tell me I am being racist, you know what I say is true)you Republicans ask of things by this President you would not dare ask of another person no matter the political affiliation, why don't y'all grow some respect since y'all didn't learn it from your MAMAS.
Yea Geo Sapper: Plenty of jobs in Texas if you like being a waitress, working at Taco Bell, Walmart, K-mart and all the other marts, the Mall..not much jobs in the Tech field, engineering unless you want to be in oil/gas industry, not much to offer, personally, I don't like cliques, and all these industries are related one way or the other, that's why I got the h*ll out of dodge (Texas)
Big Al: Yea, you would have voted Condi, You, perhaps, others I would put $$$ on, it's his race, I have seen too many criticism to have to draw that conclusion, As for Condi I wouldn't vote for her, don't like the policies she embraced with G.W, it's not color with me either it's what we believe in.
CM The Key Word is Working, that the Economy of Texas is supporting those Jobs. In spite of being overun by Illegals, think about that when you line up in that unemployment line. Seems to be a Much more viable solution than anything BHO has tendered. Oh Oh Wait, I forgot, unemployment insurance is employment, according to one of the Great Minds in the House, Pelosi.
By the Border: Employment is a wonderful thing, but if a person is unable to support themselves and family with that paycheck you think they're going to be happy? If a person cannot take their family out to dinner, movies, arcade on the weekend they won't be happy, these minimum wage jobs Texas is offering is not worth anything but long miserable hours and nothing to show for it, hell, it can't even pay the rent, light, food transportation and all the other necessities, I lived in Texas for 16 years I know what I talking about, and I had a so called good job in one of the oil companies, the misery endured with co-workers, then supervisors, the envy if you wear something new, the questions where did you get that from, the boss even wants to know your zipcode to see what neighborhood you live in...Texas..F off.
Good link, thanks for finding that. People forget that a lot of Bush's spending lives on far beyond when he left office. What was Obama supposed to do? Immediately stop both wars, immediately overturn the Bush tax cuts and immediately end the Medicare prescription drug program? Even if he wanted to, he couldn't have done it. If he could have done that his numbers would be much different then he gets "credit" for.
Because those continuing Bush spending items were unfunded from the beginning, they became the gift that keeps on taking. Just because some of the money to pay for that was borrowed during Obama's term, doesn't make it "his debt" or "his spending". The debt may have grown under his watch, but the bulk of that growth had nothing to do with Obama policies. Most people are either too dumb to see this or are just looking for an excuse to hate Obama. He may be the guy expected to fix the mess, but it sure isn't one he created. And it isn't so easy to fix something when the other side stops virtually every attempt you make.
Ezra Kline is a very smart young man and makes pretty good use of his mind in his analysis. But he's not politically blinded either. I've seen him be critical of some of Obama's approaches too. The kid looks at facts and data, not trumped up spin. It should be no surprise that his analysis in this case is favorable of Obama, because that's what the real data says. He puts the numbers into proper context rather than manipulating raw data to create a vision you want to see.
Less than 48 hours to De-fault. Never before have we faced this until the Tea Party took over the House. I hope you all remember this in November 2012.
Every time an Amendment was added to a bill,to pay for the bill with taxes, The Amendment went down in Flames and the Bill would pass with No Funding. Raise the DEBT limit they all would chime and 7 times it was raised during the Bush years. John Kerry voted for the Amendment to fund the Iraq War if it was paid for by the Taxes raised by the Amendment. It Failed, So Senator John Kerry voted against the Bill to fund the War without paying for it. In 2004, FLIP-FLOP was the nick-name given Senator John Kerry because he said he voted for it before he voted against it. Republicans, at their National convention, passed out Flip-Flop Slippers to the audience for televised waving because they wanted to make John Kerry and the fiscal responsibility he wanted to be thought of as bad.
The Democrats want to pay for what we do but Republicans want to pass it on down the road. Now it is JUDGMENT DAY and The United States of America Will pay with a collapsed Dollar, Defaulting to it's Seniors their Social Security and Inflation with shrink the Value of the Dollar by 75% or more just like what happened in Indonesia in 1998. Riots in the Streets, worse than the Watts Riots, will sweep across America. Wealthy persons reresidences burned, occupants Raped and murdered, Just like in Indonesia in 1998. Martial Law, State by State, will be imposed. A general Strike that will last until wages are brought up to the new value of the Dollar. All so the Wealthy can keep and extra 5% in Income taxes, they will lose 80% of their wealth to inflation.
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.(sic)"
As far as the speech making capabilities of both men are concerned (and I roasted Bush for his verbal asininities) I note that without the use of teleprompters both men sound ridiculous and completely lost in the vagaries of English. (Do you think it might be because of ESL?)
I understand from reliable resources that the U.S. is not engaged in two wars, but six.
It is also apparent that the total of Bush's eight years (seven deficit)amounted to far less money than Obama's three years in office.
On the other hand, I do not consider either of these men worthy of being President of the U.S. But since American voters think otherwise they rule. Even if they sink our ship.
At one time, I even had hopes that the Tea Party people might lead us into Jeffersonian politics.
starting with being the smartest 15 yr old in the 5th grade....to working your way up to the "leader" of the current therapy group you have been court ordered to attend...
b dune, this is garbage. Don't spend sentences inventing a negative bio for who you're arguing with. Benefits no one. You're suspended for a day for violating #1 of the Code of Honor.
You mean YOU want health care reform to go away. The country doesn't. I don't. The last poll I saw said it was about 50/50, and that's only because of ...... Rush, Glen, Laura, Koch, Savage, Neil, etc. putting out misinformation, like "death panels".
If the right would spend as much time doing something constructive as they do trying to tear down Barack Obama and harming our country, we could actually make some major progress towards rebuilding our place in the world.
The majority voted for Obama, so others need to deal with it, as I had to during Bush's terms. You will have your chance to vote again in 2012. If your candidate gets elected, how would you like to see him being treated the way many of you are treating Obama?
Criticism is one thing, but working to destroy him and the country in the process is despicable any way you look at it.
As a citizen I did not know that our elected public servants have forced medicare on to "we the people" when we turn 64............So this is why Obama Care can be forced on "we the people." The Republicans know they are going to loose their case in the Supreme Court unless they abolish the legislation forcing every citizen into medicare and medi-cal at the age of 64! Both parties are pimping "we the people" Social Security benefits when we turn 64. Then if "we the people" fail to sign up for Social Security when we turn 64 "we the people" will be penalized 5% every year that we do not sign up for our own benefits...........I guess this is the best pimp game in Washington D.C. Wake up American Citizens.......educate yourselves about your retirement benefits that you have been working for all your life. Our elected public servants are a bunch of thieves and liars and we are focused on the wrong things at this time called the deficit!! They are robbing "we the people" of our Social Security retirement benefits now by forcing us to sign up at 64 so they can take a percentage of our retirement benefits and give it to Medicare and Medical weather we are chronically ill or not; or take away 5% of our retirement benefits because "we the people" sign up after the age of 64. If I am wrong I apologize and stand corrected!!
NEWSFLASH...NEWSFLASH...There is NO "party" in D.C. worth a hill of beans. And contrary to popular belief there is NO such thing as a "tea" party...they are NOTHING but a far right "extremist" arm of the Republican party. Democrat, Republican, Independent, ALL worthless and useless.!!!
Yeah, Granny and Grandpa are bomb throwing terrorists????? You are out of your mind, or haven't seen the well-dressed young, black, middle-age and elderly people for the most part at most of the rallies. None of that sixtyish filthy looking people of the extreme left.
Here we go again...all liberals are hoodlums. By the way, I haven't seen one rally that was chock full of minorities. Just a lot of crazy people screaming: Government get out of my life out of one side of their mouths while screaming, "Don't touch my medicare and social security". Get real.
Dasvet - clearly you haven't seen the GOP lately. The most disgusting pieces of garbage on the planet and none of them gives a damn about America. The Democrats are working for the country - not against it.
As my lead on this thread states...NONE of them are working for ANYONE but the wealthy...PERIOD. If you believe otherwise, go back to sleep, and stick your head back in the sand...
A plan that puts off the real work of cutting spending is only going to be changed with the next election... In other words if the Dems get control of congress again they will just take all those PROMISED CUTS and get rid of them. So, we have more trillion dollar debt and no cuts afterall.
No one can keep spending and make our economy thrive again - only the Dems think that works - it doesn't...
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
In the end, if I MUST find something positive I would have to say this. My days at the tribune blog have panned out quite nicely. Have they not? My stated goal to insure the destruction of the republican party and the tea baggers has now been achieved. ; ]
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
Dadgum, you liberals are never happy. It was Bush ruining the country. Now its Boehner ruining the country. Even though Obama had 2 years of full control of house and senate. Yet for some reason, libs can't get that through their brainwashed skulls! Up until a year ago, the most important thing to Obama was spend, spend, spend on Obamacare, stimulus packages and then he's faced with insurmountable debt and blames it on the Reps who want to stop the outrageous spending!! Enough already, please folks vote out this MARXIST, 2012!!!
Yeah, Granny and Grandpa are bomb throwing terrorists????? You are out of your mind, or haven't seen the well-dressed young, black, middle-age and elderly people for the most part at most of the rallies. None of that sixtyish filthy looking people of the extreme left.
Yes, with really intelligent things to say like "keep your government out of my Medicare". That's the T-Party my friend; style not substance. They are willing to blow-up the US economy, and for that matter the world economy if they don't get they're demands...sounds like a terrorist to me!
The Tea Party is this nation's only hope. We need less government, less spending, and a balanced budget amendment. Cut spending now. CUT, CUT, CUT. No more taxes. We pay too much tax already.
We must, absolutely must stop spending our kids and grand kids money. We are running up huge bills that we will never pay back or even be able to pay back. We are borrowing and spending money we don't have. We will then retire or die and leave the bill to our kids and grand kids to pay. We ought to be ashamed. How selfish. How irresponsible. How shameful. Are we that self-centered and selfish? I hope not. Can other folks not see this is evil and that it must be corrected?
So, who's going to cut spending? When are they going to do it? The Republicans and Democrats don't have the guts to do it. Makes too many people mad. But how stupid do you have to be to spend money you don't have, year after year after year? The answer is obvious. Stop spending now. Is that cruel? Is that unkind? Is that uncaring? Is that unfeeling? No, it's just realistic, solid financial advice, it's just common sense.
Here's the funny thing about the tea party. It exists only in the minds of rational, responsible taxpayers, who have been digging into their pocket for years to pay for this stupidness. And guess what, the tea party is not afraid. It doesn't have a national candidate. All of its candidates are all local. Liberals from states like California and New York (states that are basically bankrupt) cannot "vote out" South Carolina, Oklahoma and Iowa tea party candidates! Pretty amazing and the liberals just don't know how to handle it. The tea party folks are truly a force to be reckoned with, my friends, a force to be reckoned with indeed.
W. Goin, thanks for the laugh. The only people the democrats are working for are the wealthy union leaders and the lazy. The more people that become dependent on the government for their livelihood, the longer they can stay in power, which is the democrats ultimate goal.
Looks as if the Democrats are now the party of "NO", but I assume that we are going to hear about how the Democrats are standing for something...like the Republicans weren't doing the same thing...
Fred Bastiat - Our kids and grand kids aren't going to give a tinkers damn about the national debt. They're going to care whether or not they will have a job. Whether or not they will be able to have their own family. Whether or not there will be a social safety net there for them if they or their children need it. Why don't you T-Baggers just tell the truth once..."Its all about you!"
"This House, led by the Republicans, has put every state, city, every university that writes bonds at risk… because of this foolishness," McDermott said. "We need a clean lifting of the debt limit", and why is that Rep. McDermott?
I disagree with Rep. MC Dermott on this point, I feel "The children have been in charge of the candy store too long...something must change...we are spending ourselves into oblivion!
Stop this stupid charade!!! Stop the party crap. Unite as Americans and force our officials to do business. Not just Mr. Boehner, but let's see some serious work product from the Democrats and the President. At least Mr. Boehner is showing up for the debate. He is putting something in writing and trying to sell it to his party. Show us some options from the rest of the govt.....Stop blaming!! Let's get together as a nation and demand that they do their damn job. You people will quarterback us into a major depression if you don't start looking at each other as Americans instead of Democraps and Repukes....How stupid does that sound, really?
So basically what McDermott (DEM) from Washington said is that 'we want a CLEAN lift of the debt ceiling". In no uncertain terms that means exactly this the democrats are saying they will only vote yes for a BLANK CHECK. That is exactly what a CLEAN LIFT means..no strings attached. No spending cuts, no balanced budget nothing but a blank check. What does that mean to you and me...sooner rather than later that means HUGE TAX INCREASES to pay down that debt. The Dems are nothing but SPEND SPEND SPEND....and when there is no more money...hey lets get another loan. Really people....that is NOT how the world works. But it does for them because all they have to do is say gee AMERICAN TAXPAYER....suck it up we spent ALL your money and then some on stupid garbage and gave the rest away to countries and other governments that hate us so now.........guess what we need YOU to cough up more taxes so we can just frivolously spend more of your hard earned money while we make sure we in the Federal government are exempt from paying those taxes.
These people make me sick. Time for the democrats to go back to first grade and take a simple math class...if the bucket starts with 20 apples and all 20 kids bring in 5 more each the first day how many apples does that make...well that is 120 apples. Well then if all 20 kids take out 6 apples per day but only bring in 3 how many days before the bucket is empty.......not too long my friend. That is exactly where we are at........too many people taking out of the bucket and not putting enough in. Those that have never put in shouldn't get anything from the bucket. This includes the 'earned income credit' that needs to go like yesterday. Give me a break you pay almost nothing in taxes and then the government sends you a 5 thousand dollar check because you have a slew of kids and are living off the system. This only promotes laziness and rewards it. You should be eligible for not one cent more than you paid in. No I am not wealthy I am middle class and I am sick of watching people use the system and expect that the rest of us should foot the bill. Get off your behinds and get a job or two if that is what it takes to pay for your life and kids. My parents did as did I and my family has never received one red cent of assistance from ANY government agency or any private agency. We paid for what we have. If there is no money we don't have it end of story. Those that have paid all their lives should not be stolen from to pay for those people to lazy to take care of themselves. We should take care of the 'least' of us, meaning the elderly and disabled but NOT the laziest of us, meaning those perpetually sucking off of the government teet of welfare and making zero attempt to pay for themselves. Those that claim they have a right to have kids.......well not according to the constituion or bill of rights...besides that if you want them pay for them yourself quit insisting that it is your right to have them and foist the cost of them onto the rest of us.
The laziest generation needs to grow up and learn to pay for itself the greatest generation made sure YOU didn't have to learn to speak German or Japanese.
If they don't pass something in the next week, maybe 2, we'll get to see an entirely new congress in 2012. They have a bit longer than the Tuesday deadline because revenues exceeded what was expected when the deadline was announced.
Personally I don't see either side about to give much more ground than they already have. The "pro-wealthy" republicans will not raise taxes, and the "pro-poor" democrats will not cut enough spending. Who was supposed to be the party for those of us in the middle-class anyways? I guess with our numbers dwindling every day no one up there even cares about us any more....................I say we unite and form a third party, the Republicrats, a party for the average citizen. Let us see where all the money comes from and where it goes. I'm sure there are enough people out there with enough common sense to see where money being generated needs to increase and money being spent needs to decrease in order to balance the federal budget.
We may not agree on everything, but at least we would have enough sense to pass something in order to save our nation further embarassment.
I'd have more respect for your opinions if you'd not leave out the fact that Republicans spent us into oblivion from 2000 to 2008. I admit, the democrats tend to spend alot, as well. But generally on social programs and not illegal and useless war. If I had to choose, i'd choose the social programs. Much of the spending under Barack Obama has been as a direct result of having to stimulate the economy to save it from collapse and putting the two Bush wars on the books. Now, I again, blame Mr. Obama for spending money in Libya. But at least he has put it in the budget.
When are we going to get over the pointing of fingers and work together? Sadly, as a country, we are so divided that the Congress simply reflects the country that elected them.
And, here's one that will make your eyes roll - I work for local government. I get paid for 40 hours, but consistently work 50 or more hours per week. I am exempt - so no overtime. Many times, when others were warm and dry in their home, I have filled sandbags and deployed them in storm conditions at 2 in the morning to save homes. As a reflection of the people, government needs hard working, qualified people, too. Yes, I've seen lazy public workers...But the same occurs in the private sector. And have you ever worked for elected officials? You'd be surprised at how much tact and patience it takes when you work for these egotists. Nonetheless, I am proud of my work and satisfied with my job.
I still don't get how people talk crap about the tea party being worse than Mr. dead on arrival. I haven't heard one peep out of house dems. Did they try to help at all. If harry has a problem with the bill then he can make corrections and send it back to the house who will have no choice but to pass it. This is all a bunch of bull. Trying to blame everything on someone else.
I have just three questions. How long has the tea party been in Washington?
How long has Harry Reid been there and what has he ever done to try to save our country some money. All he does is talk to the camera and spend money.
So how do you people think we are going to be able to afford anything if the debt continues to rise year after year.
Once again I'm not a Republican, but I do know how to count.
Seriously??!! I wish people would get educated before they spew such nonsense. Raising the debt ceiling has nothing to do with any blank check. It's about America being able to pay it's debt. In simple terms, if you take out a loan to buy a car, then you have to make payments on that debt. This entire situation is nothing more than just plain old-fashioned partisan politics on steroids. Republican hatred for President Obama is beyond sanity. In fact, Senator McConnell's stated objective is to "ensure that President Obama is a one-term president." Apparently, he intends to achieve this aim by destroying America's credit rating and ensuring that unnecessary debt due to raised interest rates is added.
Yes I know republicans spend too. My point is it's not the tea parties fault that they came in to Congress with our country 14 trillion dollars in debt. At least they want to fix it, Instead of putting it off year after year. I, for one, am glad to see that at least someone in Congress understands that this can't go on forever. Get over it Dems you've been in office for how long and where are we now. Republicans too. I'll give the tea party some slack for a couple years.
See what happens when they take that lets wait and see attitude, why is it that now it's so Important, why was it not important years ago when these Republicans was giving away our kids future and digging a hole so deep that we will never get out, just how much is enough, so damn greedy now lets see how you people like this mess you've created ....
We do need to reduce our spending to a level we can pay for, but this is not the way to do it. Republicans have a majority in the House, they could have made the budget the only issue over the last six months instead of focusing on gay marriage and abortion. I don't think they really want to fix the problems, they just want to be in charge. They waited until the last minute and made this crisis. It's not Democrats who are refusing to compromise, it's the new batch of Republicans who have decided that "compromise" is now defined as "my way or nothing."
Let's go back to when our economy had actually a surplus. Let's see, that's when George W took office. He inherited an economically healthy USA (which got that way under one of those leftist, socialistic/communistic, pinko types, BRUUHH!!). But, true to his stupidity, George W (with the help of the Hitler-wanna-be, Chaney) quickly surmised that the best way to fix the economy (What is it Broken??) was to enact tax cuts and start a war with IRAQ (I'll grant that the war in Afghanistan was necessary) just to punish Sadam, who was making fun of his daddy.
As the economy improved (at least that's how George W. saw it), the debt ceiling was raised and the economy kept improving--after all, he did cut taxes! As the economy continued to improve, the unemployment rate started to increase. In the eyes of George W., that was a good thing. We'll just raise the debt ceiling again and the economy will keep improving. How do we expedite this economic improvement you ask? Why we'll shrink Government. We will deregulate the banking and housing industry. We will also deregulate Wall Street. Lesser Government is good for the economy. Thus, the economy will keep improving. And the unemployment rate kept rising. The Maddox types started to flourish--scheming brokers and bankers were free to help the economy grow. Bankers and brokers, left to themselves started to play "line my pockets" with bogus loans. And the economy kept improving. Unethical behavior was the order of the day at Wall Street, after all, with no regulatory Government to get in the way, all the selfish brokers were free to help the economy grow, RIGHT!?
After eight years of the economy growing, someone whispered into George W's ear that if he didn't get his head out of his a$$, the economy was going to tank, worst than it did in the 1930s. But how can this be? After all, he cut taxes, he deregulated all of those industries, he shrank Government. I know! Let's raise the debt ceiling again—that always seems to work. However, the little birdie once again whispered in George's ear: If you don't do something to stimulate this economy, the entire country is toast!! So George W, true to his less-Government belief, imitated the biggest subsidies programs since the Great Depression. Remember that this is a conservative president that doesn't believe in Government intervention. Since it took eight years for Mr. Bush to grow the economy to the point of complete melt-down (an economy that went from a surplus to a deficit of over $10T) he could not stick around to execute on his subsidies programs. That was left to the poor Socialist/Communist that came after him. This poor schmuck gets stuck with all the work and all the blame of trying to reverse all of that economic growth brought about by eight year of incompetent economic policies under George W—the hero of the religious, right (remember, George W spoke directly to God!).
So, this new socialist/communist president begins to execute on the programs that George W initiated and immediately, those of narrow mind and short memory place all the blame on him. Since this new socialist/communist type didn't speak directly to God, he is worthless, and therefore deserves all the wrath of the true believers. Now how do help this worthless socialist/communist solve our problems?! Let's send to congress more of the religious, right wing nut jobs (that don't know beans about economic policies or how to run a Government) so they can stall any and all attempts at resolving our problems. First and foremost, no reversing of George's tax reductions—after all it was those tax reductions that got us into our current, great economic situation. We must continue that process. Second, no raising of the debt limit. George W raised it enough times such that we no longer need to do it. Third, we must reduce Government further by removing all regulatory agencies that serve no purpose other than to stop those bankers, CEOs, brokers, etc., from helping themselves, err, helping the economy grow. Fourth, let's eliminate Government control of Social Security and Medicare. These programs need to be under the control of the bankers and Wall Street types who will see to it that the funds are around for their benefit, as they grow older—line their pockets. And last but not least, let's reduce Government by enacting laws that prohibit abortions, gay marriages, collective bargaining, and any other civil right that hinders the economic growth. SMALLER GOVT, After ALL!
So, have I missed anything is my short summation of where we are and how we got here?
Here we go again...all liberals are hoodlums. By the way, I haven't seen one rally that was chock full of minorities. Just a lot of crazy people screaming: Government get out of my life out of one side of their mouths while screaming, "Don't touch my medicare and social security". Get real.
Trust me I don't like the way they (the Republicans) did it either. I don't even like them. But also saying that it is dead on arrival only makes things prolong as well. I don't believe they will make any type of meaningful legislation in the end anyway. Other than just raising the debt cieling.
I think the a lot of the reason that we are having money problems is that the politicians don't understand what goes on in the different departments of government and pass laws that are unusefull and a lot of the times just hampers the way that these departments are run. They don't understand what is really usefull to society. Thet just keep passing more laws that make everything more and more complex.
If allowing the liberals to spend us into oblivion is the compromise you are asking for, then thank God that some have stood up and at least tried to put some financial sense into place. If spending 40% more than is taken in revenues, constantly, isn't a disaster then somebody's calculator needs new batteries.
Since the lame liberals persist in collapsing my post, which is not in violation of any conduct code, I will repeat it;
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
I think it is time to get these fools out of office and replace them with people how give a damn about this country. Enough is enough and stop all the bull@!$%# right now. I, like most Americans, are tired of BOTH playing politics with our future. Here you have it ladies and gentlemen, the demise of our country. This is no longer a Democrat or republican issue anymore. This is an American issue. Get rid of everyone in Washington and vote in people who have an America first approach. Both parties are equally responsible.
StopTheLiesNOW "OK --- so if Bush wasn't responsible then how is Obama responsible now?"
Obama signed the anti-business, anti-growth, anti-jobs bills that Nancy and Harry forced upon us.
Any other questions? By the way, since a President can only sign or veto bills that reach his desk, what legislation did Bush sign or veto that makes you think HE was responsible?
You're right. I do not condone collapsing of posts. Everyone has a right to post what's on their mind, no matter how ridiculous, insignificant, irrational, or idiotic it may be. So keep posting your stuff. It makes for very amusing reading.
Are you even watching what is going on? Or are you trying to convince yourself that it is not the republicans on the verge of @!$%#ing over the country?
Let's be honest about raising the debt limit. The main reason we need such a big increase is because of the HUGE spending increases under Obama.
In all 8 of Bush's years (2001 - 2008), he ran up only $2.006Trillion in Deficits, but Obama will have run up $4.3 Trillion in Deficits in only his first 3 years (2009 - 2011).
For those who doubt this, the following link to Obama's own White House site verifies that this is true;
OK ... the minority party's stated goals are to privatize schools, privatize social security, privatize medicare, privatize the military ... and what else ... anything else that will lead to smaller government. So, to continue the overtaking of the public sector by the private sector, I recommend privatizing Congress. We are partway there already ... it wouldn't take much. The surprise is ... you have accomplished your smaller federal government ... now watch your generous health and retirement benefits become privatized, oh my ... and perhaps your jobs can be outsourced to your favorite lobbyist, smaller government, hooray ... !! You can contribute to smaller government right now ... just reduce your salary ... and cut your staffs by 1/2 ... how are we doing so far? sounds smaller to me.
The republicans voted no to a bill that would have closed the loopholes on any corporations that shipped American jobs overseas.
Republicans refuse to end American taxpayer paid multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter.
The republicans refuse to have the rich pay their fair share in taxes. Billionaires are paying approx. 17.7% in taxes on their incomes, the middle class is paying approx 30% in taxes on their incomes.
Bush was instrumental in the housing bubble. He instructed Fannie/freddie to give loans to people, especially minorities that should not have been given a loan for a tent. Look it up.
Bush's budget looked so much better because his trillion dollar wars (in the wrong place) were never included in it. Obama has the wars in his budget as they should have been from the start.
The debt we are paying now is from trillion dollar wars, unfunded Medicare part D prescription drug benefits (that were a sweet deal for the pharmaceutical companies), tax breaks for the rich during a war.
What anti business, anti growth, anti jobs bill did Obama sign?
Confused I think that was partly because Clinton did something to incourage banks to start giving out loans to people that screwed them with variable interest rates that they thought would never reach and to people who could flat out not afford it. Causing this big housing bubble.But hey everyone had a job. This cool thing called the internet was beginning to get big too. Now we are here. When Mr. Clintons and the banks shady operations finally collapsed. George Dub is no better just sayin. Greed and vanity.
So now the Republicans have passed TWO bills to increase the debt limit, versus none by the Democrats, but instead of debating and amending them to something more to their liking, they simply IGNORE them, and they still claim that the Republicans are the problem?
What's wrong with this picture?????????????????????
President Obama has a plan, "Republicans shall change their votes and do as they’re told, or the United States defaults, doesn’t make payments, doesn’t make military service payments, doesn’t make Social Security payments".
So there it is. Obama will default until the Republicans are voted out (2014).
confused-3012211 "ROY WILSON-336103, You're right. I do not condone collapsing of posts....So keep posting your stuff. It makes for very amusing reading."
I can see why you might get 'confused' by facts, since they don't agree with your pre-conceived notions.
Feel free to use Obama's White House links to verify my FACTS.
For all your blather neo-cons blaming this on Obama for offering his party additional concessions during the Boner / Obama dialogue that resulted in Boner walking out like a child... and not returning the President's phone calls either... LOL.
Get this through your head, even if the original exchange had not been met with a counter the Tea Brains would not have signed off on it...
IN OTHER WORDS, YOUR SHOOTING BLANKS.
Any other questions? By the way, since a President can only sign or veto bills that reach his desk, what legislation did Bush sign or veto that makes you think HE was responsible?
Uh, the fact that he was Commander-And-Chief has something to do wiht my belief that he was responsible. I'm I pretty well educated guy and I'm not up on all the legislating passed during this period. Somehow, I have a problem taking the word of some guy in a trailer sucking up SS while at the same time clearly living his life on a forum
Again Roy, instead of recognizing the outcome of the permanent command chain, where accountability ends - you spend your time assimilating your own version of reality from the piece you like.
Whatever one's opinion on who is to blame for the current economic mess and complete degeneration of the political problem solving process into partisan politics, there are some IMPOSSIBLE TO IGNORE FACTS:
1. Obama has already amassed one of the LARGEST REELECTION WAR-CHESTS IN CAMPAIGN HISTORY FOR 2012.
2. It is OBAMA'S FERVENT WISH TO POSTPONE DIFFICULT ECONOMIC DECISIONS UNTIL AFTER HIS (Presumably Successful) RE-ELECTION CAMPAIGN.
3. His MISERLY words at a Chicago event this past year when the microphone was inadvertently left on and he said something to the effect that "they think I'm stupid but they won't get any cuts by me...." something to that effect . ...take a listen to that footage and you will see what Boehner is up against. Obama has apparently been simply lying and playing partisan politics hoping to get his tight-fisted hands on other people's money so he can redistribute it himself w/Pelosi and Reid.
4. Timothy Geithner has announced he wishes to LEAVE OBAMA'S ADMINISTRATION ASAP AFTER THIS DEBACLE.
5. Who will be next Ben Bernanke?? And all this is the Republican Party's fault? NOT TRUE! The Teapartier's are merely a response to Obama, Reid and Pelosi and their policies.
Not one of the prouder moments for the GOP. Only $917B in cuts over 10 years? That's less than $92B a year, only about 6.5% of the deficit...only about 2% of the actual annual spending. Pathetic bunch of clowns...
Yeah, right.. it's REPULICANS destroying this country. LOL What a joke!
BTW, if the Tea Party was truly made of of far right extremists, they would have chosen a name a little more threatening than TEA PARTY I think! hahaha You people are freaking morons.
I mostly cashed out a couple weeks ago, counting on the fact that our leaders are too incompetent to lead, and after next Tuesday the markets are going to crash hard.
Looking forward to stocks going on sale! Maybe even fire sale...
Time to embrace the horror my friends. There's plenty of money to be made in financial collapse and the downgrading of the U.S. credit rating. Hey, at least we'll still be less risky than Greece :)
This is ridiculous, The Pres. says he wants a bipartisan bill, but yet does not even listens to what the Repub's, say. The Senate does the same. If it is not to their, I mean the Pres's liking the trash it. Then accuse the Repub's of not playing fair. Its time the Dem's quit playing games and go to work. We are in dept beyond our means. Stop wasteful spending. Bring the factory's back to our country. Make the oil companies and the other millionaire industries pay their share of Taxes like the rest of us. Get rid of the health insurance scam Obama created. Instead fix the Medical problem where Dr. make $10.000 an hr. Or charging $100.00 for a $1.00 pill.
I guess you didn't get the sarcasm. What other things do you think you don't get? lol.
I'm curious, do you understand the following paragraph? Or, like Roy, do you just pick things out that make sense to you and pretend to understand what's going on...
Again Roy, instead of recognizing the outcome of the permanent command chain, where accountability ends - you spend your time assimilating your own version of reality from the pieces you like.
Here's an 'Inconvenient Truth' that's guaranteed to get 'collapsed', with full links to Obama's government sites to verify the facts;
Who's responsible for the Budget Deficits and the Debt?
While it's tempting to blame the President for Budget Deficits, it's actually the responsibility of Congress to pass a spending budget, which establishes the amount of the Deficit each year and any required borrowings on the Debt. So what does the record show, based on who controlled Congress over the last 30 years;
DEFICITS ($7.304 Trillion)
Total Deficits when Democrats controlled Congress (12 years) = $5.022 Trillion. Total Deficits when Republicans controlled Congress (10 years) = $1.219 Trillion. Total Deficits when Congress was split (8 years) = $1.063 Trillion.
NEW DEBT ($12.654Trillion = 93.3% of all the Debt in our History) (a)
Total New Debt when Democrats controlled Congress (12 years) = $7.623 Trillion. Total New Debt when Republicans controlled Congress (10 years) = $3.260 Trillion. Total New Debt when Congress was split (8 years) = $1.771 Trillion.
Spin it all you want, but these are the FACTS
(a) – Contrary to popular belief, the National Debt increases far more than the Deficits for each year.
Sources - Democrats controlled Congress from 1987 – 1994, and from 2007 – 2010. Republicans controlled Congress from 1995 – 2000, and from 2003 – 2006. There was a split Congress from 1980 – 1986 and for 2001 & 2002. The government site to verify National Debt increases is;
I am not crazy for either party and first time post any potical comments online. Both parties have been responsible for today's mess we have, although Dem might have been a bit more responsible. Besides the US government, over spending and borrowing are norm for many Americans that is the reason why we are in recession now the first place. For political reason, it is very hard to expect Dem will cut a dim in any budget (they will lose their base right away). If no cut, that means tax more, conservative, upper middle class and businesses all kinds will rebel against Rep. The way the US depending upon borrowing money to operate the government and to feed many parasites who are sucking the blood of our country is like a drug addict, when run out of money, they feel the urge to borrow more (not make more or live to their mean). It is not going to be easy for the government as well as for all those Americans who have all those entitlements from the government to give up their habit just like the drug addict. In order to get the country health again (or get the drug addict clean and health again), it is to take away the drug or insist on borrowing limit. it will be painful. No pain no gain! The pain is short term. But if we continue to addict to borrowing or dosing, there will be no future for this country, even if this generation will not live long enough to suffer the consequence, our son and grandson will. Unfortunately, many of us, particularly those politicians refuse to face the reality. Everyone just want to be the hero to solve the crisis today and leave the mess tomorrow for someone else.
Another thought, in case the Congress deadlocks on raising debt ceiling, crisis comes as many of you predict or fear, which party will be benefited from it more? Remember the Dem motto : never let a crisis pass unused. So, I think Dem will be benefited from it more than Rep. So, deep down to it, Dem might feel less urge to have the bill passed, no matter how they act like now. That is why the Rep feel more heat then Dem now.
WASHINGTON -- After a full day of debate in which senators agreed that gas was too expensive and almost nothing else, a Democratic proposal to strip $2 billion in annual tax subsidies from five major oil companies failed Tuesday.
The vote was on a procedural question - whether to bring the bill to the floor for debate. Such motions require 60 votes to pass so while the bill earned a majority, 52 to 48, it still fell short. (Every Democrat voted for it except Mary Landrieu of Louisiana, Ben Nelson of Nebraska and Mark Begich of Alaska while all Republicans except Olympia Snowe and Susan Collins of Maine voted against it.)
Democrats said the vote delays, but does not end, efforts to change tax law that would disqualify Chevron, Exxon Mobil, Conoco Phillips, Shell and BP from pocketing $21 billion in subsidies over the next 10 years.
ALL YOU PARTISAN HACKS ARE LOST IN YOUR PARTY POLITICS!
You sit here and "debate" the House plan and the alleged Senate plan.
IT DOESN'T MATTER!
Boehner's plan, which passed the House 218-210 with no Democratic support, would have raised the debt ceiling $900 billion, cut spending $917 billion over a decade and call for a balanced-budget amendment before the limit could be raised again, presumably next year.
Senate Democrats had vowed to block it in favor of Reid's longer-term $2.7 trillion debt limit increase with about $2.2 trillion in spending cuts.
GARBAGE! Both of them.
Standard & Poor's has told us we need to cut at least $4 TRILLION Dollars in Deficit spending over 10 years or our bond rating will be lowered. Guess what?
NEITHER OF THESE PLANS COME CLOSE!
What. Did you think they were just kidding? This is in conjunction with the IMF recommendation. This is just political posturing by the Republicans AND Democrats. S&P states we need to come up with savings of about 7.5 percent of our GDP to actually stabilize our debt-to-GDP ratio. We are at 9% of GDP. In order to get to the 7.5% we need to cut $1 TRILLION Dollars a year,,,A YEAR!
Our bond rating WILL be lowered. We won't default but we will lose our coveted rating. This will send interest rates skyrocketing. Markets will crash. This has been inevitable for decades. Ever since we went off the gold standard we have been on a drunken sailor spending spree. This is what happens when you take off collateral restraints for a government.
I hope you all have bought a lot of gold. Your 401k's will soon be 101k's,,,,again.
George Washington Says - BTW, if the Tea Party was truly made of of far right extremists, they would have chosen a name a little more threatening than TEA PARTY I think! hahaha You people are freaking morons.
Well, they were calling themselves the Teabaggers - until they figured out what that meant.
StopTheLiesNOW "Can you provide any real examples of 'subsidies' to oil companies that amounted to 'multibillions'?...........Stop acting like you'll listen."
I'm listening, but the silence is deafening. Of course, when you're stumped, a diversion is in order, isn't it?
Jesus, I dont' have time for this but you're just too irratating...
What is your point here, that Dems are bigger spender than GOP? Sure, I'll agree with that.
I have no problem recognizing this problem.
Now, let's recognize what you will not. That supply-side fiscal policy as implemented by the GOP over the past decades has resulted in wealth and income disparity not witnessed since the G Depression. There's a big clue right there!
Clinton reversed many significant economic trends, that Reagan and the Bush boys perpetuated, that increasingly disenfranchised the middle-class and working poor.
The welathty do not create jobs! DEMAND creates a need for supply and this creates jobs. It starts with demand... how anyone can argue this is beyond me.
This is a waste of time. You'll come back with some BS statistics taken out of content (graphs are a beautiful thing but I understand whey you never use them), unadjusted, etc.
Even $4 trillion was just a small start, and they couldn't even agree on that.
Google the Bloomberg article titled "Why the debt crisis is even worse than you think", published today.
The problem with focusing on our measly little $14.3 trillion national debt is that it is backward-looking -- these are expenses from the past, which fell short of revenues from the past.
The real alarm bells ring when you look at our projected deficits going forward, and calculate the shortfall relative to future revenues. This is more than a $200 trillion problem in the coming decades.
When some of us who are middle-aged but far from retirement remember back to the good old days of 2011, we will get a grim chuckle over that fact that way back in 2011 the deficit was "only" $14.3 trillion, and our politicians actually played this game of chicken over such small amounts as a trillon vs. two trillion vs. four trillion.
It will seem like school kids arguing about who owes who a nickel...
Remember when Americans said we can do anything. But now tea bagging republicans want us to believe we cant do anything. Because were broke. Who has that ever stopped in this country of credit? And who gives a crap about owing money?
You borrow more and you pay for it and pay what you already owe because this country is credit. You know think about this. In YOUR city the streets suck. They are not being fixed. Who's gonna pay for that if you dont pay taxes? Are ANY and I mean ANY rich people offering to pony up that cash to do that for you? Hmmm. In fact are ANY rich people at all offering to pay for education health care anything? Hmmm. So who's gonna do it and how?
Republicans had ten years. They wrecked the country and by extension the world. NOW they act as though they alone can fix it. BUT they need YOUR programs to do it. Why don't THEY pay for the mistakes THEY made? Seems fair. Think about it. Think about it. ; ]
Now I want to know why the Republicans want to cut Medicare, Medicaid, and continue giving multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter.
I want to know why I pay a higher percentage in taxes on my income than Warren Buffet the billionaire does.
You see republican tea baggers have NO ideas. ZERO period. They just want to cut cut cut cuttt everything and borrow from SSI the only still solvent institution of government. How stupid are you? Really? Any ideas on that?
At the same time, BP was reaping sizable tax benefits from leasing the rig. According to a letter sent in June to the Senate Finance Committee, the company used a tax break for the oil industry to write off 70 percent of the rent for Deepwater Horizon, a deduction of more than $225,000 a day since the lease began.
[A]n examination of the American tax code indicates that oil production is among the most heavily subsidized businesses, with tax breaks available at virtually every stage of the exploration and extraction process.
There are thousands and thousands of these. Go look (and listen).
Well, they were calling themselves the Teabaggers - until they figured out what that meant.
LMAO!
Obviously you don't know what it means. The Teabagger, as you so love to call them, is the one offering the "bag" (you know what I mean, right?) The Teabaggee, you, is the one who receives the "bag".
I hope this clears up your obvious giddy confusion.
Corporate tax revenues are down to 9% of all federal revenue, their lowest percentage in American history. 60% of American corporations don't pay any taxes at all.
And the top personal income tax rate is at its lowest level since the 1931.
But payroll taxes are now up to 36% of federal revenue.
If there is no raise in taxes on the rich/corporations with closing of the tax loopholes and ending of the subsidies to these corporations to raise revenues then the democrats in both houses of congress should not sign these bills.
There appears to be questionable policy making by both sides imo. The republiconservateabaggers want to take us back to when Jesus was a boy and the democrats want to compromise by allowing them to take us back to the early 1900s..... and have the poor, elderly and middleclass etc pay for the previlege.....LOL
It is time to just pass a clean debt ceiling bill period, to get that out of the way for the next couple years.
These moves by these folks in Washington is all about making the Bush tax cuts for the rich/corporation permanent. It is not about lowering the deficit as not getting rid of the Bush era tax cuts which is helping to cause the deficit in the first place as we do not have enough revenues coming into the govt coffers.
The monies have already been spent..... now it is time to raise the debt limit to cover what has already been spent....
If it was about lowering the deficit they would simply raise taxes on these folks who were the receipient of the Bush era largess and the bail out packages and who are still profiting from it while the rest of us suffer.
Instead all this red herring drama to make it not so obvious that these folks want to get rid of social security and all the other public safety nets or to privatize them imo.
This waiting until the 11th hour is probably so they can ok a budget that is probably loaded down with or slip in all sort of attachment giving corporate america the ability to mine for minerals in the Grand Canyon, pollute our air and waters, frack us to death, sell off our country for pennies on the dollar or for free.
Perhaps when this is all over we may find that some attachment to defund many agencies that protect our air, land and water, education etc was signed into law that only the folks that attached it knew about.
Social Security, Medicare and other safety nets should not be touched nor should our public lands be sold or leased off and allowed to be polluted either imo.
Rant done......
PS, If there is no help for the masses including the present children and grandchildren now, there will be no future generations to leave any debt to...... because they will never be born, as no one will be able to afford to have children....... See the problem????
Signed..... Disgusted N Annoyed..... Enough Already, USA
MR BOEHNER, MCCONNELL, CANTOR, RYAN, TEABAGGERS IN CONGRESS.........WHERE ARE THE JOBS THAT WERE SUPPOSED TO BE CREATED IF THE RICH KEPT THEIR BUSH ERA TAX CUTS....... THE RICH GOT THE CONTINUATION OF THE CUTS IN DECEMBER 2010, AND STILL NO JOBS CREATION, ONLY CONTINUED JOB CUTS HERE IN THE USA BY THESE VERY SAME CORPORATIONS WHO ARE ROLLING IN THE DOUGH, AND CREATING JOBS ABROAD/OVERSEAS!!!!!!!!!!!
markmich "S&P states we need to come up with savings of about 7.5 percent of our GDP to actually stabilize our debt-to-GDP ratio. We are at 9% of GDP. In order to get to the 7.5% we need to cut $1 TRILLION Dollars a year,,,A YEAR!"
Our GDP is projected to be about $14.9 Trillion for 2011. Obama has projected our National Debt at $15.476 Trillion by the end of this year. That makes our Debt to GDP ratio at 104%, not 9%.
You might be referring to our Deficit ratio, which should be at about 3% of GDP to be considered 'sustainable'. Since Obama's Budget projects the Deficit for this year at $1.645 Trillion, that makes the Deficit ratio at 110% of GDP, the current level of Greece, which is considered a hopeless debt failure.
The Democrats are not serious about ANY real cuts in spending, but will 'demonize' the Republicans for trying.
My theory is that Obama sees his reelection prospects as very dim, and with the economy and unemployment expected to be dismal next year, he may think that letting the economy falter from a 'default' just might save him - IF he can pin it on the Republicans.
It would be a risky gamble, but that might be all he has left. He certainly has not offered up a single viable plan to avoid a default, and the Democratic Senate has not done so either, while the Republican House has actually PASSED two bills to increase the debt limit, which the Democratic Senate won't even debate or offer amendments.
Gee, I wonder where the problem is????????????????
Fred Bastiat--thanks for the long discursive section on how the Tea Party Express (just got a phone call from them yesterday) thrives in areas such as Oklahoma.
Here's another little trifle for you to chew on--in the state of Oklahoma, high school seniors (who had theoretically just passed government classes) were given a truncated version of the same test that immigrants take to be made citizens. Those students averaged a 30%.
People in some states are much easier to dupe because they are poorly educated, especially about government. These are people who think that the Founding Fathers were all "Christians" like they are (nope), that the US was founded as a "Christian" nation (nope), that the nation was originally deeply religious and has only recently become "secular" (nope), that students cannot pray in schools (yes they can), and so forth.
People in some states learn their "civics" in churches--and these churches don't do a particularly good job at teaching the fundamentals of how our country works. Such people do not realize that if "spending" is cut, that they will lose all that money that they paid into Social Security, they will lose all that money they paid in for Medicare, their children will not get Pell Grants or even be able to attend public schools, and so forth. Basically, they don't realize that they'll be in the same situation that poor people were in during the latter 1800s and early 1900s (when people starved in the streets if they lost their jobs, the elderly froze to death in the winter or died of heat prostration, and when little children were thrown away like garbage because their parents could not feed them).
While it is true that the budget needs fixing, blindly cutting one's nose off to spite one's face is not a particularly good idea. It would help if the Tea Party Express faithful actually understood how the country functions--maybe they could help come up with an actual solution.
Funny how we all did just fine in the 90s, paying the higher Clinton-era taxes, but now after 10 years of a "temporary" tax cut that played a big part in these deficits, so many people are up in arms at the idea that some of us -- those of us who can more easily manage it -- might have to pay more in taxes.
Nobody is asking for more from our young people working for minimum wage. Nobody is asking for more from middle class families making less than $100k a year.
And quite honestly, most of the so-called wealthy (who don't always feel so wealthy) aren't exactly screaming bloody murder if they have to go from a 33% bracket back to a 36% bracket, or from 36% back to 39%.
For some of us, it just means cutting back on the percentage of our income that gets invested, so we don't have to make difficult lifestyle changes.
And by the way, no matter what anyone says, I've never met a businessman who makes expansion/contraction decisions based on his tax rate. When demand for your product goes up, you expand so you can grab those extra sales. When demand falls, you lay people off, cut back and try to hang on until things get better.
As long as the marginal tax rate is less than 100%, it always pays to satisfy your customers and not intentionally turn them away -- maximizing sales also maximizes profits, no matter what percentage of those profits get paid in taxes.
Taxes don't materially affect business decisions. This is the truth that the GOP doesn't want you to know.
Sorry, I guess I didn't explain it right. Yes, we need to get to 7.5% of our Deficit which is what S&P's is demanding. None of these partisan whacko's understand that we are headed for the correction we should have undergone in 2008. TARP should have never happened. The $timulu$ should have never been passed, it was a crony paybacks at its best. GM and Chrysler shareholders were summarilly raped of their preferred shares and instead the unions benefitted. And many of these people believe we will somehow survive this economic Armageddon. God help them all.
Ted 050247 "Roy-here's one-if you look there are many more links to check out."
I looked at your site, but it does not pass the 'subsidy' test. Allowing oil companies to deduct legitimate business costs is not a 'subsidy', any more than letting you write off the interest on your home mortgage is a 'subsidy' to the average homeowner. Every business in the world is allowed to deduct business expenses against income to determine 'taxable' income. Many of these so-called 'subsidies' are also nothing but tax 'deferrals, which means that the taxes will be paid in the future, just not right now.
A true 'subsidy' is a direct payment from the government, sort of like those who get welfare.
the SS trust funds have been counted in the General Fund since Lyndon Johnson, not Bill Clinton.
But there IS a Trust Fund. It's just included in the General Fund as part of the three government accounting methods. The unfunded liabilities proves the Trust Funds existence. However, contrary to Chucky Schumer, there is no solvency until 2037. Otherwise we wouldn't need to rely on an increase in our debt ceiling to pay the recipients.
Clinton and every president since LBJ has used the OASDI funds to "adjust" their budgets and Debt.
markmich "ROY WILSON-336103 TARP should have never happened. The $timulu$ should have never been passed, it was a crony paybacks at its best. GM and Chrysler shareholders were summarilly raped of their preferred shares and instead the unions benefitted."
I agree with you on the '$timulus' bill, but I'm not sure about TARP. Only about $380 Billion of the $700 Billion TARP was ever used, and virtually all of that has been repaid, so I don't think it is a major factor, and it may have saved our economy.
I agree with you on the GM and Chrysler 'bankruptcies', because it was all about protecting the unions, and not about the legal rights of the stockholders. The Unions got the 'Gold Mine', and the stock & bond holders got the 'shaft'.
I wouldn't ever buy a GM or Chrysler product in the future because of the government's systematic 'pillaging' of investors rights, and anyone that would be foolish enough to buy stock in those companies needs to have their heads examined. What's that old saying about "Fooled once, shame on them, but fooled twice, shame on ME".
Since the Social Security Trust Fund has a surplus of about $2.7 Trillion, there is no reason that the government cannot take a tiny part of that surplus to pay the benefits in August. If Obama withholds any payments to Social Security recipients, it will be purely for partisan political reasons.
By the way - If a private company tried to use 'trust' funds for their business operations, they would be thrown in jail and the keys thrown away, but it seems to be fine for the government to do it. Unfortunately, the ones that started this 'Ponzi Scheme' are long since dead (LBJ).
Name ONE Republican who you think can beat him. Just one.
LMAO! Are you kidding me? With todays economic growth numbers of 1.3% in the second quarter and the 1st quarters revised numbers of 0.4% PeeWee herman can beat this buffoon of a president.
I dread seeing last quarters revision next quarter, we may actually have a negative growth rate.
I bet you Liberal Progressives are real proud of these numbers.
ROY ROY ROY.... there you go again, telling the truth. I love THE ROY.
Now as for you sky-is-falling liberal kooks, the House Republicans, as useless as they usually are seem to be the only one's in DC actually working on actual law that has actual details.
Obama has nothing, lies about wanting to compromise, as all he promises Republicans are veto's. How in any conceivable view is this compromise?
Harry Reid has a crap bill that no one wants, and does virtually nothing, as it takes credit for $1 trillion in war savings that is yet to appear. More sleight of hand, more DC nonsense.
Neither bill accomplishes much, but conservatives know that they are going to get nothing done until Obama and the Senate is back in conservative hands.
Bottom line is that no one is acting like a grown up except for Ron Paul and a few folks in his circle. They know that this house of cards must be deconstructed.
Time for the rupubs to go home and take a vacation. It is clear that even though they passed a terrible bill, that was pretty much what the dems wanted, the repubs are wasting their time. The thing to do is let the dems cut current spending by $1 trillion, which is what should happen without the government having the ability to borrow. I'm still waiting for the dem proposal. There's been nothing from the Senate, nothing from the dems in the House and nothing from the Prez. How clear do they have to make it that they want to not borrow any more money. Sounds great to me! The sad thing is that the Prez would probably choose to default on the debt, not pay social security to seniors and not pay our military before he would not pay the pork to his socialist supporters.
So what REALLY happens if August 2nd comes with no agreement?
Here's my guess;
1 - The Treasury Department will say "Surprise, we found some additional funds, so we have a new date of ????????????"
2 - If no 'deal' is struck at that new date, payments to bondholders will be given top priority, but lots of government departments will be 'furloughed'. Obama is not so foolish as to withhold Social Security payments and pay others first, especially since he supposedly has $2.7 Trillion in surplus Social Security Trust Funds to draw upon.
3 - The bond markets will have a temporary 'fit', but will soon settle down when they realize that there are few other viable options for their funds, and that defaulting on the debt is the LAST thing the government would do.
4 - Normalcy will return after the political 'gamesmanship' plays out, and the parties come to an agreement on cutting the debt and raising tax revenues.
5 - We all go back to our 'stupor' of ignorance about what's really happening in the world.
6 - I move back to Costa Rica, where the climate and beaches are great, and the pace of life is slow and easy.
TARP was the usual reactionary result of all the "economists" when their Keynesian philosophies are proven horribly wrong again.
Had TRUE free-market forces been allowed to distinguish the winners and losers we would have had a much harder drop in the markets and some more global hysteria but then the other "solvent" banks would have moved in and cleaned up the mess the Keynesian's caused.
Of course the Paul Krugmans, Ben Bernanke's, Henry Paulson's and Timmy Geithner's of the world panicked and in their usual knee-jerk response decided the government should step in. The result is still out-of-control banking, despite the alleged "Financial Reforms", with continued massive bonuses, no lending, NINJA loans continuing, mortgage Robo-Signings and other abuses.
Finally, someone that understands how things really work. If 'too big to fail', especially AIG, had been allowed to fail, and the economy was allowed to tank and wipe out the 'driftwood' in one fell swoop, the 'recession' would have been deep, but short, and the rebound would have been historic.
Instead, we did what FDR did in the 1930s - Drag the recession out for many years (9 years for FDR) in a failed attempt to 'mitigate' the collapse, and make sure the 'recovery' is slow and painful.
I am not sure any minds were changed here tonight. Yikes. What a lot of anger and hot air.
The problem right now in Washington is who is going to get blamed, and by how much, and who gets to ride in and save the day with the plan that finally gets approved. So Reid is believing he is the knight that will save the day, or actually save Obama, and thus he won't even consider any plan the republicans put forth. Notice, no republican senator is getting an opportunity to work with Reid on a plan. Each party closes the door to the other. They both know how to knife each other and that is the focus.
The Tea Party was put in office to do exactly what they are doing. They aren't allowing themselves to be groomed and changed into a clone of the other republicans. This must be highly annoying to the likes of people like McCain that served while this country racked up debt. Most of those serving are responsible for this debt and yet the new kids on the block are feeling the most heat even though they were not serving and can't be held accountable.
It is like killing the messenger. Some day, we will all remember who stood on the right side of this issue because refusing to deal with our long term debt, our short term deficits is making America weak.
Does anybody really believe there isn't at least 10 percent of waste in Washington? Do you really think things are that streamlines and we can't cut tons of redundancy and fraud? Really, it boggles the mind.
How about the health care plan the government workers are given? BTW, do all of you know that health care benefits offered by the state and local municipalities were never required to fund those benefits and thus the costs that escalate each year are not budgeted for and paid out of the general fund. Do you realize there is no budget for Medicare?
Roy, you're seriously deluded. FDR got the U.S. OUT of the Depression - after Hoover pushed the country into it using the same tactics the Tea Party wants to use again this time around.
RealAmericansFirst "Roy, you're seriously deluded. FDR got the U.S. OUT of the Depression"
And it only took 9 years and the start of WW2 to do it. There was a very severe 'depression' in the early 1920s too, but since that was before FDR and his 'New Deal', it was quickly over and prosperity quickly returned.
Many Republicans in both the House and Senate voted in favor of the Emergency Economic Stabilization Act of 2008, which authorized the secretary of the Treasury to create the Troubled Asset Relief Program to provide financial aid to banks and other financial institutions. Indeed, on September 29, 2008, 65 House Republicans voted in favor of H.R. 3997, the original House vehicle for the act. After that legislation failed, on October 1, 2008, 34 Senate Republicans voted for H.R. 1424, the new vehicle for the act, and on October 3, 2008, 91 House Republicans voted for that bill. President Bush, a Republican, subsequently signed it into law.
TARP was passed by the Republicans, markmich - October 3, 2008. You really don't know history, do you? Even just from 2008
Look. I know you poor Liberal Progressives are starved for any accomplishment you can pin on Obama but you have to clear your partisan marbles and READ!
Did I ever say Obama created TARP? NO! Even though he DID ask President Bush, in January of 2009, to request the release of the second $350 billion in federal bailout funds so he would have "ammunition" if the country's fragile economy weakened further.
And I'm sure you remember how well Obama's HAMP program has done using TARP funds, right?
RealAmericansFirst "theboys: Do you realize there is no budget for Medicare?.........Do you realize you're watching too much FAUX News? That has to be the stupidest thing that's been posted here tonight."
There is no annual budget for Medicare. There are only estimates of revenues and expenditures for Medicare that are included in the Federal Budget each year.
Obama's Budget estimates for Medicare over the next 10 years (2012 -2021) are as follows;
Estimated Revenues = $2.917 Trillion. Estimated costs for Medicare = $6.621 Trillion. Deficit for Medicare over 10 years = $3.704 Trillion - in this one program alone. Of course, the Democrats say "We can't touch Medicare", despite the fact that it will soon be bankrupt.
This is pretty typical of "entitlement" programs passed by Democrats, and now we will have a new one to deal with - Obamacare.
I noticed that you only reported on the Republicans that voted for TARP, but didn't mention that more Democrats than Republicans voted for the bill in both the House and the Senate.
Hey there, Mr. hard facts. One of your posts talks about Bush running up a deficit of $2.006T in the eight years he was in office, and Obama adding another $4.3T during his time in office. Since Bush inherited a surplus and the deficit now stands at over $13T, there 's a big chunk missing from your numbers, isn't there? How about the truth that Bush ran up a deficit of close to $10T, from a surplus, during his eight years of office. And the only reason why the deficit went up was because of the subsidies started by George W before he left office. The unfortunate truth in life is that when your predecessor screws up, you, the successor inherit all the previous idiot's caused problems. You can keep justifying stupidity all you want (you really have to be brainwashed to justify gibberish George). It just doesn't matter to anyone with a brain. That is why your posts are amusing. They're the creation of a brainwashed mind who's perception will not face reality no matter how hard it smacks you in the face. Reading these posts is more entertaining than watching the Three Stooges....
Roy, you're seriously deluded. FDR got the U.S. OUT of the Depression
WOW! REALLY?
You have to stop reading all that revisionist history the Liberal Progressives are forcing down your throat.
WW2 got us out of the Depression. Actually the massive post-WW2 indusrialization that was needed to rebuild Europe, Japan and most ot the world is what got us out of the Depression.
Henry Morgenthau, FDR's own Treasury Secretary said:
"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot."
Mr. mich, No. Like the welfare babies that the tea bagging republicans are.What do you mean mowdy5000? I will tell you. Tax cuts ARE a hand out. Its welfare. The government is borrowing money from creditors they want to borrow or STEAL it from the tax payers in SSI to give handouts to the rich and to YOU the middle class former middle class and the poor. America as the tea bagging republicans point out is in debt to the trillions right? So how are we getting tax cuts? Hmmm? Tell me? How is that NOT welfare handouts? Only they are MORE destructive. Because you have to use borrowed money to hand them out but tea bagging republicans lie and say they are not handouts while making fun of the poor elderly handicapped and children. They then want cuts cut cuts in programs while using BORROWED money to GIVE tax cuts when we are NOT running a surplus, but the biggest debt in our countries history. And that how they think magic Jesus is going to take the wheel and ride it out. Are you all OK with that? Tax cuts are a government handout. But tea bagging republicans lie and say they are not. All the while railing against SSI medicare and caid. JUST like they lied to get elected saying they would create jobs. ONLY the only jobs government can create our government jobs. And the right HATES the government and wants it smaller. So they are either THAT stupid. Or they lied. Didn't they or aren't they? Hmmm.
Furthermore they have not created or passed one jobs bill why do you think that is? See the afore mentioned point up there. You see, the rich haven't created any jobs. The private sector is moving OUT of America because of our stupid free trade agreements that HURT US not help. If tax cuts handout worked then we would all have so many jobs we couldn't fill them all. That's logic. Its fact. But that's not the case because it doesn't work at all. And all they are doing is robbing the poor to give to the rich. Anyone EVER heard a rich person offer to fix your city's roads? Pay your doctors bill? How about regulating themselves? How'd that work under Bush? Face it. Republicans for 7 years under Bush wrecked this country and ran it into the ground. NOW they assume they know how to fix it. When they don't even understand what they did to it in the first place. Bunch of know nothing ignoramus.
There! I threw my juice on it because in 2011 mowdy5000 is looking out for you. Letting you all know I care and I have been warning you that we are downgraded already. So you can thank me those of you who listen when the time is right.
IF Clinton left Bush a surplus why didn't the Debt ever gone down during Clintons terms? Because there was no surplus. It was the usual Washington manipulations of the Public Debt and Intragovernmental Holdings which make up the National Debt. Public Debt went down but Intragovernmental Holdings went up each year. What Clinton did was move money from the Intragovernmental Holdings, mostly from Social Security, into the Public debt artificially lowering it.
Clinton was fortunate to preside over one of the most remarkable growth era's in our history but he had nothing to do with it. It was called the Dot-Com bubble. You or I could have been president during that incredible time. As Alan Greenspan so eloquently called it,,"irrational exuberance". Well, I guess Al Gore should get some credit as he said he invented the internet,,,,LOL.
You remember that time don't you? When your portfolio was 3-4 times what it ever should have been. Right? It was because of hysterical free market forces driving the market up on ghost companies that were multiples above their valuations. I remeber it very well because I day traded it for years. I could pick an obscure internet stock on Monday and sometimes double my money by Friday. It was called churning.
But alas, many people lost money when the bubble burst and we went into a deep recession. This was also aided by Greenspans artificial manipulation of interest rates. Kinda like Bernanke is doing now.
Let me get this straight. When a democrat is in office and the going is good, it's just dumb luck. When a democrat is in office and the going goes bad, it's all the democrat's fault. When a republican is in office for eight years, and at the end of those eight years, everything goes south, it's the democrats fault that ruled before and after, or it's the fault of some other beaurocrat--primarily some liberal. I may be confused about many things, but I can clearly see BS when it's flung into the fan.
NEWSFLASH...NEWSFLASH...There is NO "party" in D.C. worth a hill of beans. And contrary to popular belief there is NO such thing as a "tea" party...they are NOTHING but a far right "extremist" arm of the Republican party. Democrat, Republican, Independent, ALL worthless and useless.!!!
That is so true. At first I used to complain about how two parties could run on the same ticket. The Taxed Enough Already Party was running as Tea Party Candidates on the GOP ticket in elections. I found that to be very disturbing. But a s time went by I came to accept that they are just Extreme Radicals within the GOP. They are a branch division like Log Cabin Republicans or Blue Dog Democrats, just very vocal. They are a phase, a novelty that gave hope to people who were worried about having to pay a fair share of the revenues to the Federal Government. Like the others, they will fade and the centrist on both sides will dominate as usual. I am a Democrat but I guess not too hard-line. I like part of the platforms for the DNC, RNC and the so called Tea Party Agenda. None of them have a solution for everything but they all do have ideas that if combined would be the almost perfect solution. Nothing is ever perfect.
I'm thinking that since nobody with a tenth of a brain is yet running for the GOP ticket in 2012, maybe we should have a lottery? Ordinary Americans, by the thousands, throwing their ticket into the hat, and the lucky winner gets campaign funds to run against Obama on the GOP ticket.
We might actually find a worthwhile candidate among all the "Joe Plumber's" out there, instead of this circus freak-show the GOP is parading today.
Heck, Obama could declare that he is a Muslim-Satanist-Communist anti-American terrorist and he would STILL win over the bunch of circus clowns the GOP has fielded so far.
I would like to nominate my dog for the GOP ticket. He can fetch, he loves people, and he sh*ts in the yard instead of in the House. That puts him way above anyone I've seen yet from the Greed Over People party that I used to vote for regularly...but who now make me think I will never vote for them again, ever...
The Tea Partiers have done serious damage to their own party---they've split the Republicans up; thus, the just elected Tea Party Congress people, are in the way of getting this Deal sealed up---The Democrats could help too, as they have divided their party in half, also--Obama has NO Power--
It is astonishing to me, how they can't come together with their fellow Republicans, and cooperate instead of dividing--it reminds me of "United We Stand, Divided We Fall"---who's looking out for "you"?
Yes, the Republicans are going to have a very difficult time getting one solid candidate for the next Presidential Election. It makes me sick--as a Conservative--
The Politicians running for Congress and President of the United States, are not made of the "old stock" of Presidents from what was supposed to be the good qualities for becoming a President. Has the US become too Liberal in all areas of life? Is that the problem?
Where are the decent People?---We need a real Leader.--America is floating----where is the next stop?---
All of us must be completely involved in the process.
What if on Tuesday, when there is no deal, there was a revolution? What if people actually gave a sh*t about losing their jobs and/or seeing their retirement investments drop another 30 or 40%, instead of saying "oh well, nothin' I can do about it"?
Wouldn't it be amazing if Americans actually stood up and said "if you can't lead this country, we'll find somebody who will?"
Term limits, pay for performance and lobbyist controls. If these money-sucking thieves that we elect from both parties can't do what's right for the country, they need to feel the pain too.
Democrats are screaming to the seniors, you are going to lose your Medicare and SocialSecurity. This is not true and is a nothing but a big lie. Scare the old and threaten the young. It is time for spending cuts and a balanced budget. This is been going on way to long (35+ years). Americans pay way too much in taxes while members of the legislators give themselves raises and work crooked deals to send jobs aboard.
Do you want to know why your neighbor, brother, sister, mother and father are out of work? Look no further than the car you drive and the clothes you wear. When is America going to wake up. The trade deficit with China and other countries is appalling and a joke. We tax businesses to death and then push these businesses outside our boarders, so businesses pay no taxes and get cheap labor, only to sell you the same product that you neighbor, brother, sister, mother and father manufactured here for the same price you are paying now for the goods you buy that are made in a foreign land. Then you all scream bloody murder, I don’t get it, and you all must not have an IQ over 75.
What you need to do is call your legislator and tell them enough is enough, stop spending money we don’t have. Tell your legislator that you want a job, that you are tired of buy foreign products which are costing America jobs. Tell your legislator if they want to tax something, then slap a tariff or tax on foreign imports.
Unions are also a major cost on our economy as well. It is called greed and this causes jobs as well. Look at Boeing, the Carolina’s ended up getting aircraft work without Union involvement, so what does the Machinist Union do? The Union is suing Boeing because they state Boeing retaliate for the workers striking. NEWS FLASH, have you ever heard of the rock band Rush? Rush sings a song called Tree’s. This song reminds me of Boeing, the Machinist Union and Airbus. Boeing is the Oak trees and they provide shade for the maples, the Machinist Union are the maple trees, but the maples keep scream for more light, and Airbus is the hatchet, axe and saw. The moral of the song is that since the trees could not get along, there is no longer the forest, because the hatchet, axe and saw leveled everything while they were bickering.
Think about it that is if you ever heard this song. If you have not heard the song, encourage you to listen it or read the lyrics to it. This is exactly what is happening to Boeing and the Machinist Union right now, in a few years from now; there will no longer be a Boeing or Machinist Union, because Airbus will run them out of business.
Americans really need to think about this. Don’t listen to the paid pundits on this message board or on TV; these idiots will stir you wrong. Pundits push their parties’ agenda and don’t care about your values.
Here is my idea. To create smaller, efficient goverment we need to first dissolve the House of Representatives. There are 435 members. And there are all useless. All states are represented in the Senate. So we keep that, get rid of the House, save all that salary money, and pray like hell they all croak in a timely fashion so they don't burden us with pensions and what not. Then we rewrite cooprate taxation, lower the tax rate for income under 20k. Bam, problem solved. no more inefficient goverment, plenty of money to go around and everbody is happy. Even the Teabaggers can't complain, since my plan is all for smaller goverment.
There are some who think we are better of than Greece. I would like to have that explained. Why are we better of? Because there are no riots on american streets? Well, we'll see about that. Because their credit rating is sh!t? Let's see how long ours stays afloat. So please, somebody explain why we are better of than Greece.
Also, stop saying Germany should be our role model due to their trading surplus. That is nonesense. German economy is in the sh!ter because they keep selling their goods to contries who don't have any money. So they lend those countries money to buy german goods and then don't get paid. So realy the german goverment is almost as broke as ours. If it weren't for weapons sales they'd be broker than us. Funny, everybody pays cash for weapons.
STOP the money party.................................. RONALD REAGAN:
''I know we here today, and a majority of the American people agree on one point: We're not saying we have a terrible problem and Government must find a solution. We're saying Government is the problem and the people have the solution—a constitutional amendment making balanced budgets the law of this land.''
The 'generic' Republican beats him easily, according to the pollsters.
The "generic Republican" isn't running. And the viable GOP candidates are waiting until 2016. The current Clown Posse doesn't have a snowball's chance, which thankfully means we won't have a Republican president next time around. Unfortunately, that means we'll have a Democrat in the White House. If people keep voting for R and D, instead of actually researching ALL the possibilities, the hole will keep on getting deeper.
Not like the brazen giant of Greek fame, With conquering limbs astride from land to land; Here at our sea-washed, sunset gates shall stand A mighty woman with a torch, whose flame Is the imprisoned lightning, and her name Mother of Exiles. From her beacon-hand Glows world-wide welcome; her mild eyes command The air-bridged harbor that twin cities frame. "Keep ancient lands, your storied pomp!" cries she With silent lips. "Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed to me, I lift my lamp beside the golden door!"
the people have already sacrificed enough...with loss of jobs, there homes, their savings, their pension plans,401ks The top have that have caused all this with their greed and corruption including the politicians that they buy off have not sacrificed one thing. They are even living better then they were 3 years ago. They continue to send jobs overseas , hide there money offshore, use every loophole they can while receiving subsidizes with tax payer money to continue to figure out ways to continue to screw the American ppl. There are more ppl receiving asst then there were 4 years ago and more ppl homeless then ever. Yet the top which are suppose to be the job creators continue to not create jobs in America and we continue to reward them for this. Whats wrong with this picture people?
Not like the brazen giant of Greek fame, With conquering limbs astride from land to land; Here at our sea-washed, sunset gates shall stand A mighty woman with a torch, whose flame Is the imprisoned lightning, and her name Mother of Exiles. From her beacon-hand Glows world-wide welcome; her mild eyes command The air-bridged harbor that twin cities frame. "Keep ancient lands, your storied pomp!" cries she With silent lips. "Give me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed to me, I lift my lamp beside the golden door!"
Goodness sakes, none of you are doing yourselves any favors by not bothering to understand the difference between debt and defecit. I read several times through this thread about how George W Bush started with a Surpus and ended with 10 trillion in debt. First off, in the last year of Bill Clinton's presidency he had a Budget Surplus on paper for the year 2000. This DOES NOT mean that in the year 2000 the US government held no national debt, in fact it had 5.9 trillion in national debt. Debt and Defecit are not the same thing, and a Defecit Surplus does not mean the government did not owe any money! And that is even if you believe Cinton had a Budget surplus, since the national debt actually rose by $17 billion in 2000 (granted that is not bad at all compared to the projected defecit of 1,500 billion this year, but it isn't truely a surplus either).
So NO, no matter what side of the aisle you stand on, Bush did NOT rack up 10 trillion in debt in 8 years, actually about 4.2 trillion, and that includes the war in Iraq and Afganistan, and the evil evil Bush Tax Cuts.
I am not saying Bush didn't add to the defecit, because he did, but for the credibility of both sides of the arguement please learn the difference between Defecit and Debt before you post. When you totally miss the meaning of something that fundamental to your point of view, it discredits the rest of your opinion.
confused-3012211 "ROY WILSON-336103 Hey there, Mr. hard facts. One of your posts talks about Bush running up a deficit of $2.006T in the eight years he was in office, and Obama adding another $4.3T during his time in office. Since Bush inherited a surplus and the deficit now stands at over $13T, there 's a big chunk missing from your numbers, isn't there?"
Since you didn't other to use the link to OBAMA'S OWN WHITE HOUSE LINK that I provided, I will detail it for you - I do trust that you can add;
Bush 2001 = $128.236 Billion SURPLUS Bush 2002 = $157.758 Billion Deficit Bush 2003 = $377.585 Billion Deficit Bush 2004 = $412.727 Billion Deficit Bush 2005 = $318.346 Billion Deficit Bush 2006 = $248.181 Billion Deficit Bush 2007 = $160.701 Billion Deficit Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year net Deficit of $2.006 Trillion.
I can understand how you can get 'confused' by facts when they interfere with you pre-conceived notions, but sometimes we have to face reality. By the way, you might want to learn the difference between Deficits and changes in the National Debt - they ARE different.
Why is it my 10yr old niece understand the importance of raising the debt ceiling, understand what the GOP are trying to do and Understand the significants of The Affordable Heath Care Act , and the RIGHT WING RADICALS don't get it???/
Maybe because she has been " Brainwashed" by the media she watches and read that says " Greed is GOOD , borrow till you drop dead"???
Two wrongs Never make a right, when you are over extended in borrowings to borrow more is akin to being in quick sand and struggle, best is to STOP, go on your Back, and slowly doing the back stroke S L O W L Y "swim out" follow the rules then you will not be in quicksand for life ;-)
Yes, I hope the 10yr old gets some responsible advice before she messes up her life with debt and bankruptcy....There is no debt limit...is just crazy...but, there are a lot of crazy people around....and more and more bankruptcies....
One day your neice will be asking you why our country is so poor....are you going to admit that it is partially your fault??? That you went crazy with the spending and debt??? And that Obama was a failure???
Tao...it is getting on to three yrs of Obama and all the wars are still there plus one more Obama war in Libya...Obama moved 70000(70%) of additional troops into Afghanistan and has slowed the Bush Iraq withdrawal plan down. These are now Obama wars and he appears to enjoy that role...The Bush tax cuts produced jobs, economy and increased revenues, up until the liberal banking program caused recession hit us.....When will Obama(and you) accept any responsibility for your really ugly mistakes??? When will you accept any sane efforts to get us out of this recession??
and me? I asked a question. Was That 70% ask for by the military and if so why? How did Banking program change since President Obama took office ? Asking Questions is a ugly mistake? I am not saying that he has not added to the deficit/debt. I am just asking questions.
Dear elected representatives of the tea party: you're showing why you will only get one term, you're making all Republicans look bad, and you're killing my financial future.
Agreed Paul, but the republicans and teabaggers could care less about your financial future. In fact, if they bothered to look down as they step all over you, they would probably just point and laugh.
Sorry to disappoint you. I'm gainfully employed (not by any government) and have no teat in my hand our mouth. I'm just a better person than you are for caring a little abouth those they may be less fortunate than me.
Paul - I am conservative in nature, but vote Independent. I followed the Tea Party in 2010, and sort of liked what they were doing. At this point though ... I think I see nothing but a entity that has destroyed the Repulican Party and therefore disupted and much needed balance of power/influence.
While I dont like Obama's politics - and I CERTAINLY dont like Obamacare and want to see it killed - I can no longer have any sense of desire or interest to listen to what the Tea Party has to say. They are far too extreme in my view.
They are not helping our country at this point - they are far more detriment to our country than anything helping. And I do believe that the members of Congress who are "listening" to the Tea-Party, ARE NOT listening to their constituents ... AS THEY WERE ELECTED TO DO.
Jaxguy - if you really are employed then thank you employer for your job and see if calling him a teabagger does you any good. You are one of the problems - you are so ready to spend other peoples tax dollars - how much did you donate last year? 1% -- maybe, I doubt it. and when I say donate I am not talking about taxes which are required donations...
You people who oppose the Tea Party...Why are you so eager to give the government more money when they blow it right and left and then threaten to cut off military and social security when it runs out and they want more? It has to be because you are on the receiving end and not one of the taxpayers.
ehv-savz- I am so with you on this. I don't think the teaparty understands how badly they are hurting the republican mainstream party. Independents are not going this route.
Let's rememberr the House did pass a bill they called "Cut, Cap and Balance", which the Senate voted down, and the "Tea Baggers" did exactly what they said they said thet would do (and it was for those things that they were elected).
To get to the source of the issue we have to understand why a majority of voters (in their districts) voted them in. I watch MSNBC, CNN, and Fox to get the view from every perspective.
My sense of it is that a lot of Americans are just fed up with all the taxes they pay (Income Tax, Social Security, Medicare, Sales Tax, Real Estate Taxes, State Taxes, Fees to License your Cars, etc.).
Maybe what pushed a lot of people over the edge was the realization that Social Security (in order for it to survive) was going to have to pay less...or pay later, and this comes only a couple of years after Nancy Pelosi was telling us, "There is othing wrong with Social Security...don't let them touch your Social Security".
Well evidently someone(s) has already touched my Social Security...many many times over a long period of time!
When did balancing a budget become so extreme. I just wonder why people, mostly liberals, think the tea partiers are so extreme because they want a balanced budget. Is it because this is what the media tells you to think? I mean it will either be forced upon us in another 20 years or we can actually attempt to solve the problem before our government collapses under debts. Essentially we have a choose of pain today or greater pain tomorrow. I don't think anyone is heartless for wanting government cuts, its just some can face reality that we can't pay for all of it. Even with the bill in the house we are still going to have extreme debts, currently $1.5 trillion a year and we are cutting at most $3 trillion over 10 years, so $300 billion a year, which leaves us with about a trillion a year deficit after the economy improves and revenue increases. That is for sure collapse or money printing, so expect some extreme German style or Mexican style inflation in the next 20 years. Wait until the government has to start paying the IOUs off in the social security program to fund the baby boomers. Not good and everyone just wants to keep what we have, without even thinking that eventually you have to pay for things.
What is the point of blaming and name calling when the truth is NO ONE KNOWS WHAT IS IN THOSE BILLS--except those that wrote it and might have read it. The public doesn't even know what they are accepting or turning down. We don't get line item information. So, instead, we just have p!ssing contests over party lines. While the President smugly sits back and encourages compromise--Where is his plan? Does he have a better option? If so, let's hear it!! Stop making stupid insulting denigrating comments that are completely useless and unite to make them take action!!
Linda, the tea party has morphed into something other than a lower taxes party. It is now run by a group of people that want to use it as a means to make social changes and redistibute the wealth to the upper income brackets. Look closely at any of the proposals that are on the table in the House. None of them require any kind of sacrifice by anyone but those least able to afford it. The burden is put right ont he backs of the elderly, disabled, and poor. No real cuts to the military, pet GOP projects or Congess's pay or benefits.. No real corporate tax reform that eliminates a company making billions and paying little or no tax all the while taxing the hell out of small American businesses.
I originally thought of the "Tea Party" as being 'non of the above' regarding those in Washington, DC--a swelling tide of non-aligned, move-our-governance-away-from-dysfunctional-incumbents, mainstream Americans.
The so-called "Tea Party" (as characterized by Liberals--and conscripted by Conservatives) shows me that I--as an Independent--never want to see a large national Independent Party/Committee (similar to the DNC or RNC), with a static, hackneyed agenda. I want to be able to line-item vote--as much as possible--on candidates and issues. Independent to me (and to many others, I'm sure) means unaligned to any intransigent political "persuasion" (pun intended, i.e., intransigent versus persuasion).
Jaxguy - if you really are employed then thank you employer for your job and see if calling him a teabagger does you any good. You are one of the problems - you are so ready to spend other peoples tax dollars - how much did you donate last year? 1% -- maybe, I doubt it. and when I say donate I am not talking about taxes which are required donations...
Thank his employer my ass! Thank what's left of the American Consumer for creating the demand that keeps his employer in business. When will people like you wake-up? The wealthy do not create jobs. If they did, we'd have full employment after the last 11 years of tax cuts. Only demand creates jobs! Kill the middle-class you kill the economy!
Thinker...Grow the hell up yourself. It isn't up to Boehner to get the Republicans in line. It is up to US. If they can't get to work, then we need to raise enough Hell to make them think that we will remember them well next year. He is doing what he can. Can you do better? Can you do anything but throw out insults and Monday morning quarterback. BTW...I am all grown up. One person is not responsible for this mess. A whole nation is. Now it is time to stand up as a nation and tell our leaders to stop screwing the pooch and get some work product done.
Actually once a bill is passed you can see it here http://thomas.loc.gov/home/thomas.php All public law and appropriations can be found once passed. So you will be able to see the two bills passed by the house, and whenever the senate passes a bill you will be able to see that too.
You do realize that it is actually a fact that about 47% of people didn't pay FEDERAL INCOME TAXES in 2009, not all taxes, but income taxes seem to be what everyone always focuses on. I even posted the liberal rag huffington post article for you about 2011 taxes, since I know you believe everything you hear from it.
JaxGuy. I think you stepped on a sore toe. You are not alone though. I work and earn a decent income. I have a masters degree which I completed while working full time and supporting a family. Alas, I may be a liberal and today is a sad one for me. It isn't that I see no value in the debate and I'm even for fiscal responsibility. The magnitude of polarization shown in this debacle is highly disturbing. How can liberals or conservatives disagree so vehemently and remain convinced their judgment is infallible.
Some have suggested a willingness to compromise. I'm not so foolish to believe they are holding out the conciliatory olive branch, rather I suspect they hope to gain the greater advantage. Even if jaded this seems realistic. Pragmatism ought not be a sin.
The tea party element strikes me as a group believing that complex problems have simple solutions. It's the dream of a fool and the food of a zealot. Even John Boehner can't reason with them. There is little to be gained by chasing a fool in a hurry but today that's the choice we get.
Thinker...I am not part of his constituency either. We--that mean You and Me--voted these people into office. We as a nation are responsible for that. I certainly would have voted differently if I knew then what I know now...but I didn't. Platitudes? Fool? Put your foolish platitudes in an orifice that matches your smell.
I'm not a tea partier, I actually voted for Obama. Unfortunately I base my opinions on facts and substance not the crap that mindless people like you spit out of your mouth and make up. And like I said since you seem to have a reading disability, I was stated that it was income tax and not other taxes. I know 8th grade level writing can be difficult for some.
Consider it done. I am all grown up now. I didn't vote for them. I am, however, an American. That means that I am part of "we the people". If you are American--which I doubt--then you too are part of "we the people." I get it that you don't like (hate) the Tea Party. I do get that. I think it is fine also. Still, they seem to be a part of this problem--a big part--and the only way to deal with that is to stand together and try to see what they are seeing so that you or someone like you can come up with a solution to our national problems. If you want to deal with the Devil, you are going to have to mingle with the tenants in Hell.
All you know is what the media tells you, which I am guessing is mostly huffington post style rags, not exactly an unbiased reporting. LOl Go milk some cows out on your prairie farm there in Kansas and lets keep the thinking to adults that don't use the term Rulez. lOL
Uh, yeah. Last time I checked the Elderly made up a good portion of the Tea Party constituency. I don't think they're into video games, but they are now bitching about their vote for Republicans who stabbed them in the back by trying to cut their benefits in their first term in office.
Wichita...the elderly are grandfathered in and wouldnt be touched if you are over 55 on most of the proposed Republican legislation. They have nothing to worry about. My question to you is, why arent you concerned that Medicare will be gone completely in 10 years if changes arent made? With this known fact, why is it good policy to continue on the way we have been?
Time to stock up on food, water, batteries... this Right wing siege of my life, liberty and pursuit of happiness has been apparent for 12 years. Neocons, Tea Baggers, Christian Right Conservatives, Republicans... whatever label you want to call them. They are fed up with other people who don't believe in what they believe and are not going to be a part of it anymore. This is a political revolution where 20% of the country is willing to take down the whole kit and caboodle to prove the point. They are right, everyone else is wrong, we want absolute control, and um Jesus is the Way.
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
Guess I hit a nerve with nwrob... I do vote... I don't insult people with grammar school terminology - I left the playground many years ago and picked up a BOOK...
I am only channeling my inner Clear Channel - Bain-Romney conglomerate - Coast to Coast AM message. Or was that Rush or eh, Fox. LOL
No your not your spewing the same thing you saw on 50,000 other posts instead of using your head to think for yourself. Then you try to stereotype me, falsely I might add. Your higher intelligince tactic is even unoriginal. You say you vote but do you actually understand what you are voting for. Because if it's a R or D then your in trouble buddy.
Further proof that Republicans are still following Dick Cheney's belief that "deficits don't matter." Only $917B in cuts over 10 years??? That's like telling an unemployed guy with a $3000 mortgage payment that if he cuts Starbucks lattes from his expenses, everything will be fine.
What a bunch of worthless losers our so-called leaders turned out to be!
pjam - at least you count those on 1 hand. This is nothing compared to the number that Conservatives have blocked in the Senate. 136 in the 111th Congress - 139 in the 110 Congress. This is more than double the previous Senate that the Democrats had the minority.
So yes - the Conservatives are the obstructionists.
You are the example of Conservatives who yell "Jaywalker" at the Democrat crossing the street, while running out of the bank you just robbed.
zztopps great size up...moreover this is pure and simple a power grab by those elite few with money (Tea Party members or Tuppets)...only one problem...the majority of the nation's people see it for what it is and are fighting mad. Think someone under estimated the American public. ooops!
So the Senate killed the House's budget, then killed two bills to deal with the out of control deficit spending and then they talk of bipartisanship and compromise? Don't piss down our backs and tell us it's raining.
The other paradox that exists with this issue is, if not raising the debt limit is bad for the economy what idiot created it in the first place? 1939?
It never ceases to amaze me that the Tea Party is under the impression that nobody pays taxes but them. It is unreal. The number they throw around all the time is 50% of Americans pay nothing in taxes.
Actually it is the Tax Policy Center, a Washington think tank, that claims about 45% of taxpayers pay no taxes http://www.msnbc.msn.com/id/42633769/.
The Tea Party also claims, erroneously, that they are the majority in this country. Thus, there are at least some Tea Partiers out there not paying anything in taxes, and bitching about that fact non-stop. The hypocrisy and idiocy is just mind-boggling.
I've never heard anyone from the tea party claim they are in the majority - most of them acknoledge they are in the minority, but if you are in a room full of children and say "don't spend all your money today, save some of it." Well, the person who says that will always be in the minority...
Thank his employer my ass! Thank what's left of the American Consumer for creating the demand that keeps his employer in business. When will people like you wake-up? The wealthy do notcreate jobs. If they did, we'd have full employment after the last 11 years of tax cuts. Only demand creates jobs! Kill the middle-class you kill the economy!
They did not come to the table in good faith they already decided that they would honor a pledge they made to Norquest and not to the American people, I don't see how they could possibly take care of government business when they are controlled like puppets by the RICH, maybe their flock of sheep's might follow blindly but now this hurt their own, look at the Stock market, if it crashed I don't think their followers are going to be happy, Obama needs to stand firm, if he give an inch they will try to take a mile the next time, and really does everyone like these GOP clowns trying to extort our Elected officials every few months, they played it right up to the end trying to back Obama's back into a corner and it back fired they need to be shown the door come 2012, Problem solved .......
I always laugh relating to tax issue on the poor, sure they do not owe federal income taxes, but the taxes that take the toll are on the necessary goods through sales taxes, property taxes, gas taxes, and unfortunately through tobacco taxes and alcohol taxes which unfortunately relating to studies I have read higher percentage of poor use tobacco than other classes. The weird thing is that the highest of these taxes across the country are in cities where Democrats have controlled the majority for decades. These taxes have caused the poor to never get a foothold and have been decreasing the middle class income. The Republicans are no better, but I am not sure how anybody can possibly think that the Democrats are assisting the poor out of their situation, or helping the middle class to stay in the middle class.
The problem is the Demorats and Republicans are playing a dangerous game of Chicken at this country's expense to get what they each want. It takes at least two to have a negotiation. So far what we have is the Republicans twice sending a proposal to the Senate and each time Harry Reid, being afraid it just might pass, or that some of his fellow Demorats might say something like "ya know parts of that aren't bad, lets take the good and throw out the bad, add some reasonable things we want, and send it back to the House to see if we can get something to send to Obama, then if he vetoes our collective nonpartisan bill, it is his problem." Instead, it is business as usual between the Demorats and Republicans. What nobody seem to see (or want to see) is that Obama is sitting back smugly in the White House and play both parties against each other in a very subtle, but apparently effective way! Example: When he said he would veto anything that came from the Republicans (that had him wasting his precious campaign time next year) he was setting up the current battle between the House and the Senate. The Master Manipulator strikes another blow to Change America into HIS America.
The Liberal Progressives incessant hate and demagoguery of the rich, successful and corporations would be funny if it wasn't so hypocritical. For decades we have been told how intellectually gifted they are. Your indolence is amazing. IF you Liberal Progressives are so intellectually superior then why aren't YOU running all these evil corporations and creating the utopia you so cherish.
WHY?
I'll tell you why. Your primary goal in life is academia. Now why would your goal in life be such a narrow scope of expression? You infiltrate the classrooms and universities and indoctrinate our children with your failing and unsustainable propaganda. As your ideology confuses everyone you are left with only one safeguard, tenure. This is the most cowardly way you can assure your career. No responsibility, no accountability, just a career for life whether you are a good instructor or not. With all your alleged intelligence it would seem you could expand your reach and create the "fair" world you so desire.
Tenure at many universities depends solely on research publications and research grants. Ironically almost all the grants and funding for research comes from the very corporations and wealthy philanthropists you so despise. So, let's put this in perspective. A person can dedicate their lives to entrepreneurism and create a business or corporation with all its attendant time, sacrifice and expense, but if they make profits or earn greater rewards this is social and economic injustice. However, when the intelligentsia takes the hard earned money of said wealthy individuals or corporations and uses it for their indoctrination, it's called social and economic justice.
The hypocrisy of this is overwhelming. Be that as it may, the rationale is expressed perfectly under the guise of "from each according to his ability, to each according to his needs". Marxism defines this so succinctly and yet this is acceptable. Creating the illusion of evil is the underlying purpose yet benefitting from its success is the ultimate goal. Only in the convoluted mind of the Liberal Progressive can this make any sense at all. Despite the obviousness of this distortion the distinction is still praised and rewarded with said tenure. The obverse of this is “Those that can, do. Those that can’t, teach”. This exposes the Liberal Progressive so fully that it hurts the eyes to even read it.
So, how can you Liberal Progressives channel all this self-proclaimed intellectual superiority into a more constructive manner?
Let me tell you.
TAKE OVER ALL THE FORBE’S 2,000 INDUSTRIES AND MAKE THEM THE UTOPIA YOU SO REVERE.
1. Go to business school for 4-8 years; learn about accounting, economics, human resources, management, payrolls, benefits, ethics, inventory and a few hundred other aspects of running a business. Especially a Forbe’s 2,000 business. These are the root of all evil in your self-pity world.
2. Now, after accumulating over $200,000 in student loans, go get a real job. Work your way up the corporate ladder based on merit rather than tenure. This will be an unknown accomplishment for you but you’ll pick it up quickly I’m sure. You have such superior intellect as compared to the rest of the world, right?
3. Once you achieve your position as CEO or president of the company refuse to accept any more than $1 dollar a year in salary than your highest paid employee. No perks, no stock options, no bonuses and no golden parachutes because you know these are all the root of capitalisms failure.
4. Now, do not allow your company to make ANY profits because as you all so proudly proclaim, profits are bad. Tell any investors and shareholders that they will most likely lose money if they invest in your company because that’s the cause of all the world’s problems, greed.
5. Let the unions dictate all your wages, benefits and pensions because unions only care about the “little guy”. We know the unions would never use any of the rank-and-files money for anything political or imprudent like that, right?
6. Let the EPA, environmentalists and other happy groups determine how, where and when you can produce your product. They, of course, are only concerned wit
6. Let the EPA, environmentalists and other happy groups determine how, where and when you can produce your product. They, of course, are only concerned with protecting lizards, smelt, turtles, trees and other cute things, right?
7. Oh, and make sure you tell Barrack Hussein you are willing to pay much more in taxes to help all those who don’t want to work. It’s a free country and it’s your responsibility to pay them even though they can work but just don’t want to. It’s only fair. RIGHT?
See how easy it is? Seven (7) simple steps. This is all you Liberal Progressives have to do to create the utopia of social and economic justice for the collective.
What neither side seems to recognize — or at least acknowledge — is that what matters about the debt isn’t the dollar amount per se, but how much it costs us to service it. And by that measure, the debt isn’t nearly as big a problem as it’s being made out to be.
Yes, the federal debt has grown by nearly $3 trillion dollars in the past three years. And yes, the dollar amount of that debt is quite large (in excess of $14 trillion and headed toward $15 trillion should the ceiling be raised). But large numbers are not the problem. The U.S. has a large economy (slightly larger than that debt number). And, crucially, we have very low interest rates.
Because of those low rates, the amount the U.S. government pays to service its debt is, relative to the size of the economy, less than it was paying throughout the boom years of the 1980s and 1990s and for most of the last decade. The Congressional Budget Office estimates that net interest on the debt (which is what the government pays to service it) would be $225 billion for fiscal year 2011. The latest figures put that a bit higher, so let’s call it $250 billion. That’s about 1.6% of American output, which is lower than at any point since the 1970s – except for 2003 through 2005, when it was closer to 1.4%.
Under Ronald Reagan, the first George Bush, and Bill Clinton, payments on federal debt often got above 3% of GDP. Under Bush the second, payments were about where they are now. Yet suddenly, we are in a near collective hysteria.
When you understand this, doesn't it look as though the Tea Party is just a bunch of economic terrorists?
They're either trying to bring this country down or so ignorant they don't know what they're doing.
I'll tell you why. Your primary goal in life is academia. Now why would your goal in life be such a narrow scope of expression? You infiltrate the classrooms and universities and indoctrinate our children with your failing and unsustainable propaganda.
Just more Right Wing Fascist Rhetoric. If this statement is true, then it is the left wing liberals who have created this corporate world of money and greed. So that leaves your comment without any basis. And if this be true then it is up to the liberals progressives to fix the problem they created but the right wingers won't allow it.
So here we are again ... the Dems who simply want to continue spending are fighting hand and fist with anyone that even suggests that we should reduce the size of the government spending (and the size in general I might add).
They continue to point fingers ... This week it's Grover Norquest, two weeks ago it was the Koch brothers, before that it was Glen Beck, then Fox, then Bush, Cheney, ... On and on. ALWAYS NEED TO BLAME SOMEONE ELSE!
So explain to me exactly what are you afraid of with the Balanced Budget Ammendment? Tell me? Don't give me emergency stuff either. There's a way to handle that. WHAT EXACTLY ARE YOU AFRAID OF? It can't possibly be ratified in a so called 'Obama second term' (...NOT!!!!).
So tell me why the Dems didn't increase the debt limit when they had a Fillibuster proof majority? Too busy ramming home another 1.5 Trillion entitlement program?
Tell me why they don't at least vote on the two bills the House HAS sent to them? Gotta keep on spending!!!!! Tell me, Dems, How exactly are you going to revive the economy? More regulations? More spending? More debt? How exactly to you (Dems) intend on addressing the one thing that's eating up revenue faster than it's generated? Faster than you could TAX? What's you plan?
Here ... STOP BEATING UP ON BUSINESS! PRAY THAT CEO's MAKE MILLIONS so we can start have manufacturing jobs ... HERE in the USA. ENCOURAGE THE DEVELOPMENT OF OUR RESOURCES HERE!
So, just how long do you think these artificially manipulated interest rates, by the Federal Reserve, will continue?
Our GDP is pathetic. 1.3% last quarter with a revision of 0.3% for the first quarter. Under/unemployment at over 17%. Housing collapsing, foreclosures rising. Productivity weakening. Consumer confidence falling. Uncertainty increasing.
The Fed will be forced to "stimulate" the economy again. Unfortunately any attempt at further quantitative easing or another $timulu$ will be summarily dismissed. Any further Keynesian monetization of our debt will cause inflation to rise more than it already has. This will cause interest rates to rise. If our bond rating is decreased, which it will more likely than not, the increase in interest rates will further increase our debt responsibility.
The artificial manipulation by the Fed cannot last much longer. At some point, either internally or externally, our interest rates and subsequently our debt will just spiral further out of control. Unless we make significant deficit and debt reductions we will be competing with Greece and their austerity moves.
Does the Tea Party have any estimates on what the unemployment rate will be if they get their way?? You need to know where you're going before you start cutting people off at the knees.
State government budgets are already in dire straits, and yet you want to take away their number one source of revenue (federal dollars)? Have you asked your governor how he feels about that lately?
USA Today
Federal aid is top revenue for states
Uncle Sam has supplanted sales, property and income taxes as the biggest source of revenue for state and local governments.
The shift shows how deeply the recession is cutting. Federal stimulus money aimed at reviving the economy and a sharp drop in tax collections have altered, at least temporarily, the traditional balance of how states, cities, counties and schools pay for their operations.
Better go ask those American corporations who are sitting on $1.9 TRILLION in cash to pony up. Corporate taxes are down to 9% of federal revenues - their lowest level in American history.
How do you get to the point of economic terrorism from simply holding a position that we cannot continue to spend $3.79 for ever $2.20 we earn? Then following by observing that any taxes would first of all only add $.60 to our bank but may result in earning less than $2.20.
How do you get there? So following the spending lemmings over the cliff is rational?
Tell me HOW are YOU going to get the extra $1.59? When are you willing to live within your means? How much will you finally owe when no one loans you that extra $1.59? Then what will you do?
... Me ... I give the Tea Party freshmen an A+ . Now we just need 300 more ... And a President!!!
Keep on collapsing the comments and I'll keep reposting them.
The Tea Baggers, the few there are left, especially the ones in here like: AZChzhd, GeoSapper, ROY WILSON-336103, pjam09. Are perfect examples of how out of touch with Reality these Morons are!!! They really believe that they have actually accomplished anything other than making themselves a bunch of one term REP in Congress, they don't seem to have the slightest Idea that the American people hates their ways, that the independents that voted for them in 2010 are feeling the worst case of buyer's remorse in the history of the United States Of America, that not a single Senior Citizen is going to vote for them, that most of the Democrats did not even bother to vote in 2010 and, that is a mistake for which the whole country is paying dearly right now!!! There is only one thing that you guys have been successful at and that is quoting the words written on AdmiralIsoroku Yamamoto personal diary "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve." Yamamoto said those words right after the biggest political mistake that Japan has ever made, attacking Pearl Harbor; by the way, that was the last time that Japan was able to make any other political mistakes. We all know how that one turned out for them. Well Tea Baggers… You guys did it and the people will punish your childish behavior, your willingness to destroy what's left of our Country, for making all of us the laugh thing stock of the whole world. Your stubbornness has brought us to the brink of destruction. See ya' all in 2012 at the voting polls.
Markmich, you are making a dishonest argument. If you wish to vilify liberal progressives you might at least begin with some established evidence of their behavior. That's assuming there is indeed a group who identify themselves as liberal progressives and that they are all in agreement - something I doubt very much.
RealAmerican ... youask if the TP has estimates of job creation? And you also believe that as long as we can pay the interest on the debt, we're ok? If that is how you run your household fine but that is the thinking that brought about the crisis in the first place. And how well has Obama's predictions worked out for you ? Tarp, stimulus, 16 trillion to banks allover the world ... our money. Why ... because in order for the banks to break their own good business sense,a nd lend money to those who they knew good and well would not, and could not pay it back, they had to ba assured they would be insured. So the Pelosi Reid congres put so much pressur on the banks they broke with good business, and allowed those a taste of a home, they knew they could not afford. Look what that got us. Now you blame the banks and business for holding onto their money, while this reckless administration spends the rest of our money and has the gaul to hold the country ransom for more so it can also go to Obamas cronies for his reelection ... I don't think so.
[O]ne of my brothers-in-law e-mailed me a long and involved joke about a man who was born with a silver screw in his stomach instead of a belly button. As he grew up, he furtively searched for a way to have the screw removed; finally, at a monastery in Nepal, he found a monk who could make it happen. To make a long story short, a giant screwdriver appears out of a purple mist, removes the screw, and disappears out the window. Jubilant, the man jumps up, and his rear end falls off. The moral of the story is, “Don’t screw around with things you don’t understand—you can lose your butt.”
BBG-3562398 - there are a couple of ways to destroy your household budget: spending too much or cutting your income.
The right wing has given away the farm to corporations and the top 2% of this country for years. And now they want the bottom 50% to make up the difference.
Associated Press April 17, 2011
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992.
The great impasse we face in this nation is not Democrat vs. Republican, it is monumental ignorance and misinformation against reasonable progressive ideas for change. The first group, epitomized by the tea party, and embraced by the Republicans is being driven by the conservative media machine financed by Rupert Murdoch, directed by Roger Ailes and spearheaded by Rush Limbaugh. Unfortunately a significant number of people would rather give credence to the blathering of a fat ignorant loudmouth drug addict than to read, listen, and try to understand what is really happening to our country.
Because of the money behind this huge conservative propaganda media, lies and misinformation (called spin by the perpetrators) is perverting the commonsense of ordinary people into a twisted logic of hate for supposed enemies such as 'liberals' and 'social progressives'. There is a very real and frightening parallel between what this right-wing extremist propaganda machine is doing in this country and what the Nazi propaganda machine did to the German people before and during World War II.
The difference is that Hitler institutionalized his propaganda as government run policy to foment hatred against the Jews. In America today we have a privately financed conservative propaganda machine spewing hatred and lies against a different group of citizens, i.e. liberals. The invective used by Limbaugh and his crowd of imitators is no less evil, and no less dangerous to our rule of democratic principles than the lies and hatred poured upon the Jewish people by the Nazi regime in the thirties and forties.
Make no mistake, although they profess to revere such motherhood and apple pie feel good ideals such as freedom, and equal opportunity these are smoke screens put up to hide their real motives. If you take a look at what they are against, such as freedom of choice for women and mothers to be, universal healthcare for everyone, social security for the aged, support for families in distress, etc. their true motives start to reveal themselves.
If the true leaders of this extremist movement ever gain enough power to implement their ideology, we will see massive suppression (the second amendment solution) of the middle class, the poor, the unemployed, the unfortunate, and anyone who speaks out in favor of social justice. They already have the support of the Supreme Court.
In case I have to remind anyone, Jesus Christ was a liberal, and we know what the right wing conservative establishment did to him. People such as Murdoch, Ailes, Limbaugh, Hannity and their followers are simply the modern manifestation of the crowd that called for Barabas, instead of freeing Jesus Christ. They are motivated by the evil of ignorance, greed, and self-interest.
Thewre is a lot of name calling from all areas today...lots of blame being put on either one party or the other for the mess this country faces toda,. Yet..not one person has hit the real problem we have in congress...for all the talking both parties have done and continue to do..neiother has worked on a debt plan that makes sense. I watched with interest the last few days of the house on CNN..the ease in passing name changes for a post office is amazing....but the ego's of politicans when it comes to passing blame for their own incomputence is amazing.
"....Amid these disastrous economic conditions, official politics in the United States is dominated not by discussions of how to address unemployment, or even secure an economic recovery, but a struggle to determine the exact form of the trillions of dollars in social cuts declared necessary by both the Democratic and Republican parties. Yet it is becoming increasingly clear that the passage of the cuts will be the prelude to an economic catastrophe."
US economy stalls as growth rate drops to 1.3 percent
By Andre Damon 30 July 2011
The US economy stalled in the first half of the year, according to figures released by the commerce department Friday.
The economy grew just 0.32 percent, or 1.3 percent on an annualized rate, in the second quarter, far lower than the annual figure of 1.8 percent that economists had predicted, according to statistics released Friday by the Commerce Department.
The figures come against the background of the negotiations over the slashing of trillions of dollars in government spending, which will further reduce consumer spending and result in hundreds of thousands of additional layoffs.
Barack Obama responded to the latest figures only by calling for the passage of the $3-4 trillion in cuts to social spending currently under discussion in Congress. In remarks early Friday morning, Obama said that the latest figures are a reminder of “how fragile the economy already is,” and urged an end to the “gridlock” in the debt negotiations.
Stock markets responded negatively to the news, with the Dow closing Friday down by 0.79 percent, dropping nearly 100 points, and the S&P down by 500 points or 0.65 percent.
The Commerce Department's figures followed the announcement by the British government that the UK economy grew by only 0.2 percent in the fourth quarter, after a gain of 0.5 percent in the first quarter.
Perhaps even more significant than the second-quarter GDP estimate, the figure for growth in the first quarter was revised down to an annualized rate of 0.4 percent, from the earlier estimate of 1.9 percent.
The annual growth rate was likewise revised down for 2008, from an increase of 0.1 percent, to a contraction of 0.3 percent. The annual estimate for 2009 was also revised downward from a decline of 2.6 percent to a decline of 3.5 percent.
This means that the US economy contracted 5.1 percent between 2007 and 2009, significantly worse than the 4.1 percent previously reported.
If the latest second-quarter figure is revised in similar fashion, then that means that US economic growth was essentially zero in the first half of the year. The US economy grew at a rate of 3.9 percent in the first quarter of 2010, 3.8 percent in the second quarter, 2.5 percent in the third quarter and 2 percent in the fourth.
Whatever the real level of growth may be in the second quarter of this year, it is clearly far less than the 2.5 percent rate necessary to create jobs and lower the unemployment rate.
The same day the growth figures were released, Merck, the pharmaceuticals company, said it would eliminate 13 percent of its workforce, cutting 12,000-13,000 jobs by 2015. This week, the US Postal Service said it plans to close 3,600 post offices, resulting in thousands of additional layoffs.
Earlier this month, the bookseller Borders said it would close all of its stores, laying off over 10,000 workers. That same day, Cisco, the telecom and network equipment maker, said it would cut its workforce by 11,500. The aerospace giant Lockheed Martin also announced this month that it would eliminate 6,500 jobs.
These disastrous mass layoffs are in line with the quarter's unemployment figures. Between March and June, the unemployment rate has grown every month, rising from 8.8 percent to 9.2 percent. The number of unemployed, meanwhile, grew by 545,000, from 13.54 million to 14.08 million.
The latest figures on durable goods orders show a similar trend. The Commerce Department said Wednesday that durable goods orders fell 2.1 percent, to $192 billion, in June. This was significantly less than the increase of 0.3 percent predicted by economists.
The Commerce Department figures also showed that auto sales fell 5.3 percent between March and April, followed by a 0.2 increase in April-May, and a 1.5 percent drop in May-June. Motor vehicle production fell at an annual rate of 16.4 percent for the second quarter as a whole, compared with a 29.2 percent increase in the first quarter, according to earlier data from the Federal Reserve.
These results correspond with the findings of the latest Federal Reserve “beige book” survey of regional economies, with most of the districts under survey reporting a slowdown in economic activity.
These calamitous figures make it impossible to characterize the present state of the US economy as a “recovery.” The rate of growth of the US economy has slowed in five of the last six quarters. There is no indication of improvement: rather, every indicator points to decline and stagnation.
Amid these disastrous economic conditions, official politics in the United States is dominated not by discussions of how to address unemployment, or even secure an economic recovery, but a struggle to determine the exact form of the trillions of dollars in social cuts declared necessary by both the Democratic and Republican parties.
Yet it is becoming increasingly clear that the passage of the cuts will be the prelude to an economic catastrophe. With the US economy stagnant, the firing of hundreds of thousands of government workers as a result of the proposed cuts―on top of the half million laid off in the first half of this year―would push the US economy off the cliff.
Marv....that is just silly propaganda...."reasonable progressive ideas for change".....That has produced the out of control spending and debt that we have....You should look up reasonable in the dictionary...it is not the same as reactionary extravagance....and total lack of control...
For those who want to know why we have such a big issue over raising the debt limit, it's because of the HUGE Deficits run up under Obama. Here are the Deficits for each of Bush's and Obama's years;
Bush 2001 = $128.236 Billion SURPLUS Bush 2002 = $157.758 Billion Deficit Bush 2003 = $377.585 Billion Deficit Bush 2004 = $412.727 Billion Deficit Bush 2005 = $318.346 Billion Deficit Bush 2006 = $248.181 Billion Deficit Bush 2007 = $160.701 Billion Deficit Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year Bush net Deficit of $2.006 Trillion.
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
Really? Probably you will be one of the first people bitching and moaning when we default blaming the President when it is the PARTY OF NO, GOP that will cause this.
Here's the bottom line ....a relatively small minority of congress, specifically baggers who were just elected to congress by people who believe anything, think they can DICTATE terms of the debt ceiling or trash the U.S. and global economy, even demanding a constitutional amendment for a balanced budget before they'll even consider voting to raise the debt ceiliing, a routine procedure done 100s of times by both righties and Dems, and not ONCE filibustered by the senate, which these clowns are prepared to do. These people don't give a sht about your social security or medicare, because they'll never need it. This is all about the baggers and their well off donators, and the fact that they MUST take back the WH at any cost, from a BLACK Democaratic President they can't stand, primarily because they're ignorant racist FUX.
1992 -- The United Nations Conference on Environment and Development (UNCED) Earth Summit takes place in Rio de Janeiro this year, headed by Conference Secretary-General Maurice Strong. The main products of this summit are the Biodiversity Treaty and Agenda 21, which the U.S. hesitates to sign because of opposition at home due to the threat to sovereignty and economics. The summit says the first world's wealth must be transferred to the third world.
The DISEASE must be addressed not only the symptoms.
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
Roy Wilson, as usual you propagate a lie. Below if you follow the link you can see the actual change in the national debit by year. Bush never put the wars in his budgets. What they say the budget was doesn't matter, what was spent does.
01 to 02 increase - $421 bil 02 to 03 increase - $555 bil 03 to 04 increase - $596 bil 04 to 05 increase - $553 bil 05 to 06 increase - $574 bil 06 to 07 increase - $501 bil 07 to 08 increase - $1,017 bil 08 to 09 increase - $1,885 bil 09 to 10 increase - $1,652 bil
Is the government spending WAY too much money, and is it unsustainable? YES!! But at least lets not lie to make someone we like look better. The national debt never dropped during the Clinton administration either even though there was claimed to be a surplus.
Instead of all of going on these posts and lamb basting each other we need to head to Washington and scream at the top of our lungs for them to do what we elected them to do. They are messing with us and they don't care if they hurt our seniors or veterans. They could care less if they crash our economy. They will still get paid, they will still take our tax dollars and they will continue to help foreign countries. Every American needs to crowd into Washington this week before Wednesday. Fill our gas tanks with fuel we can't afford. Let us shut down the country, not the a-holes in Washington. Face it each party has let us down. None of them have our best interest at heart. Let's protest now. Stop taking quotes out of context and let's kick their butts.
Moving ahead, the President will ask Boehner to 'reach across the aisle', which means join moderate Dems. Keep in mind the Reid plan was defeated by 60 votes and that's a bunch.
Meanwhile, freshmen Republicans are receiving phone messages from their constituents to "hold the line'.
Clearly Boehner will need to take a substantial number of freshmen Republicans across the aisle with him. Nobody knows at this hour what could possibly work, however the Boehner bill succeeded by 8 votes and is still sitting there, could possibly be ressurected. Perhaps the President could use the Boehner bill with another month added, say February 2012, revote and prevail somewhere within that 8 vote margin.
Short of that the President can continue to bluff and see if that works.
RealAmericansFirst "The 2009 budget was passed in 2008, so you can tack that onto Bush as well. As well as his two unfunded wars which were kept off the books."
Wrong.
The Democratic Congress never gave Bush a 2009 budget to sign. They waited until Obama took office, then he signed the $860 Billion 'stimulus' bill, and only then did Congress pass a 2009 budget, which OBAMA signed on March 11, 2009.
Budgets are ESTIMATES of what will be spent each year. I use ACTUAL expenditures for each year, which DOES include the cost of the wars.
It's amazing how many people do not understand the difference between a budget and actual expenditures. By the way, the Democratic Congress approved every cent that Bush spent on the wars.
michigan voter-546572 "Roy Wilson, as usual you propagate a lie. Below if you follow the link you can see the actual change in the national debit by year."
You appear to be clueless about the difference between a Deficit and a change in the National Debt - they are not the same.
Here's a hint - For the 3 years (1998 - 2000) that Clinton reported a "SURPLUS" of $431 Billion, the National Debt actually increased by $261 Billion. That's a 'swing' of $692 Billion between what people THOUGHT a 'surplus' meant (reducing the debt), and the reality of what really happened to the National Debt.
Here's another hint - When the government 'borrows' money from the Social Security and Medicare Trust Funds, they claim that it 'reduces the Deficit', but the reality is that it increases the National Debt. Here is a simple example; Suppose you had a company that had revenues of $1 Million, but expenses of $1.2 Million, for a net loss of $200,000, but you went to the bank and borrowed $300,000 to cover the loss and get yourself some extra cash just in case. The way the government would account for this is to report revenues of $1.3 Million ($1 Million in real revenues + $300,000 in loans) against $1.2 Million in expenses, for a "surplus" of $100,000. If that sounds 'crazy', it is, and no private company would be allowed to report things that way, but that is EXACTLY how the government does it. There was not a single year under Clinton where there was a REAL 'surplus'.
Here is another example; In 2007, Bush reported a Deficit of $161 Billion, but the National Debt for 2007 actually increased by $501 Billion.
This is easily verifiable from a variety of government sources, and I challenge anyone to dispute it.
Ah Roy,,,, it’s easy to dispute what you say. What you wrote here only backs up what I said above. It doesn’t matter what they report their yearly deficit to be, all that matters at the end of the day how much we owe because that is the real measure of how much was spent.
It’s not I that is the clueless one, you must be looking in the mirror.
The problem is that the Republicans have signed over their right and responsibility to Grover Norquist and the rich. At the point that Grover's anti tax the rich plan has superseded the representation the Republicans are supposed to provide to their voters, Democracy is dead. When did Grover Norquist get to be the single most important vote in the Republican party? He is acting like a king and the Republicans are falling in line. How about you read the Republican signatures that have signed away their role as politicians to Grover and his lobbyist wishes. That my friends is treason and every single Republican that signed that agreement should be immediately impeached. You represent your district and the people who voted for you- not Grover and his rich friends.
How can what these guys did be legal? How can you claim allegiance to America but then pledge your votes to an individual? Why hasn't anyone quested this?
Paul, I'm not so sure I blame Grover Norquist for the whole thing. I think Republicans should have told Norquist that they couldn't commit to him, because they already made a commitment to the United States Constitution, and to the American People.
I almost view it as Republicans signing on with Norquist in order to have an EXCUSE for siding with the rich, and violating their oath of office.
Irene, you're thinking the same thing that I'm thinking -- Tea Baggers are violating their oath of office. Now who in the House of Representatives oversees a breach of promise?
The Republicans made this pledge to the American people as well as Grover Norquist. And damn well should. This is what they run on and what gets them elected. I am tired of the Republicans breaking their promises because Democrats cant bargain in good faith.
Democrats are NOT the Majority in Congress (House)
REPUBLICANS RUN CONGRESS.
The instillation of the Debt Limit was a CONGRESSIONAL ACT.
ONLY CONGRESS CAN CHANGE A CONGRESSIONAL ACT. (It is NOT the job of the President to show up/come up with a PLAN regarding a Congressional Action, ONLY CONGRESS has that duty to show up.)
Therefore, since the Congress is in the hands of the Republicans, ONLY REPUBLICANS ARE TO BLAME FOR FAILURE TO RAISE THE DEBT LIMIT.
Did you bother to read what Jeff Flake, Arizona Representative said? He said that these New Congress persons were not enticed by offerings of committee seats, or money for their re election campaigns... just like the Democrats when they passed HCR and FINREG under Pelosi. So far, the Republicans have passed a budget (which the Senate Rejected), one iteration of a method to lift the debt ceiling (which the Senate Rejected) and now a second one. If you took a poll, you would find that most Americans want a balanced budget amendment.. and, by the way, it has to be ratified by 3/4ths of the States.. not just 2/3rds of the congress.. nah, good democrats won't give the sheeple a vote like this.. they have not received enough "education" to vote correctly.
I disagree with the Tea Party, but you must admit, if it were not for them, the Dems would just pass this limit on a Friday night with no fore warning.. just slip it through.. why not have Reid "modify" the debt ceiling to $10T.. where is Obama's plan, where is Reid's budget? How about George Soros.. do you think he has much influence on the Dems, How about Andy Stearn, or AFSME or the Teachers Union, or the Natural Resourced Defense Council? etc etc
I feel there is a serious disconnect in this logic. Tea Party people were elected to Congress on the platform of "no new taxes." Why does agreeing to a plan that professes that position mean they signed allegiance to that man, instead of simply agreeing with a position that matches their own values? Note: I am saying this without having any idea what this Nordquist plan is, other than the liberal/democrat rantings about it being a "don't tax the rich" plan.
Whether you like it or not, people who associate themselves with the Tea Party are Americans, too. They're probably even be a minority of Americans, which, in all other cases, liberals support. Only, they don't count as a minority, because enough people agree with them to elect some people to Congress to represent them. Also, if you keep calling people names, you forfeit all rights to be offended when someone calls you or your friends names.
First it would help if you knew how Washington works. There are two parts to Congress the House of Representatives and the Senate. The House has a Republican majority and I am sure you are aware that the Senate is in the hands of the Democrats. Also didn't President Obama when he was a Senator say that to raise the debt limit is a failure of leadership as he voted against it with every other Democrat in the Senate.
Learn something before you show your ignorance, CONGRESS is two bodies, the House of Representatives, (controlled by Republicans) who have offered 2 bills and the Senate (controlled by Democrats)who have offered NO bills, just talk
President Obama should use the 14th Amendment and his Executive powers to bring this Republican Political Madness to an end. It is overtly clear that the GOP and the Tea Party are determined to cause a U.S. default and to also create world-wide economic turmoil. The GOP and the Tea Party do not care that a U.S. default will hurt millions of people in America and also around the globe. These extremists want millions of people to be harmed and they also want to be able to pin the blame on President Obama for the dire consequences of their irresponsible behavior.
The GOP and the Tea Party have a twisted and narrow vision of America and of the world. As the Commander in Chief, Obama should use the constitutional tools available to him to prevent avoidable and wide-spread economic disruption.
The President is not a dictator yet, so the power of the purse and its management still belong with congress. Once a president does do as you say and essentially commands the power of the purse, congress will have no more power and we will have one president/dictator who will command everything. Maybe one president would step down and allow an election after this, but it would be to easy for a president to decide to stay in office at that point.
boogablue, reps only control 1/3 of 1/2 of congress, NOT the entire thing, if they did we would not be in the situation we are in now. if they did we would have CUT, CAP & BALANCE which is the ONLY REAL solution to begin with. it's the welfare democraps that are the problem.
And what would it acomplish to pass a bill that the other part of Congress will not pass? The Tea Party GOP is using this as political fodder. If they were serious about getting the budget under control, they would not have waited so long, worked with the President's proposal and cut debt, and would be willing to do a long term deal.
Do a deal that adresses the deficit long term and get it done with bipartison support.
The best possible outcome is a long term deal that gives businesses some certainty and they will start hiring again, inproving the deficit with real tax dollars from working people.
I am tired of the Republicans breaking their promises because Democrats cant bargain in good faith.
Really? Where do you get your news...never mind, I think I've got that figured out. Who has gone so far as to put the big 3 on the table? Who has dropped demanding increased revenue? Who walked out of the talks over and over again? Who's threatening to destroy out economy if we don't meet their demands?
It is not the Republicans who are to blame for what is happening - except to liberal democrats. The republicans in the House have passed numerous bills through to the Senate - some for the 2012 budget and two to raise the debt ceiling. It is Reid and Obama who are stopping them by not allowing them to come to the floor of the Senate for debate.
Actually, the legislation does not go far enough in cuts and will not be able to stop our credit rating from being down-graded, so you can thank your democrats for that as they don't actually want any cuts at all or they would have put a plan out for review. The republicans are trying to meet them halfway - to the detriment of the entire country.
As for the 14th Amendment - It does not apply as you wish, as it just says that the debt should be paid. There is nothing as to how it gets paid, which is where the question lies. Promises for the future is not actual debt, though - especially in the case of Medicaid, Obamacare, Welfare and the like. An argument could be made for Social Security and Medicare as they are actually holders of the debt which must be serviced. So, since the country is capable of servicing its debt, the 14th Amendment does not apply. If, for some reason, Turbo Tax Timmy should decide to not service the debt, then the 14th Amendment would come into play - against Timmy and the President.
As for 'world-wide economic turmoil' - maybe this would be a good thing in the long run. The populations of various countries would have to learn how to stand on their own two feet again and stop relying on government to take care of them from cradle to grave.
The problem is that the DEMs have signed over their right and responsibility to unions and government workers. At the point that DEMs "tax the rich plan" has superseded the interest of America.
TEA PARTY - didn't spend $7 Trillion since 2007 (DEM control Congress), spend $4 Trillion while OWNING the House, Senate & White House....pass Stimulus, ObamaCare, gov worker bailout, GM/Chrysler bailout, Fannie/Freddie bailout....
DEMs can blame themselves for giving breath to TEA PARTY.
Blaming isn't going to get a damn thing for anybody. It is going to get you a serious depression and more taxes. Stand together...Try something different for a change. Try to see through a set of eyes other than your own. Get some unity going.
Then don't. I'm sure they feel the same about you. And as long as you have that opinion, don't bother to complain when this country goes under and you are standing all by yourself with a Chinese boss. Maybe she will hold your hand.
Democrats are NOT the Majority in Congress (House)
REPUBLICANS RUN CONGRESS.
Since you obviously failed your junior high civics class, let me explain something to you: Congress is both the House AND the Senate. It is a plural term for both of them.
(It is NOT the job of the President to show up/come up with a PLAN regarding a Congressional Action, ONLY CONGRESS has that duty to show up.)
Then why does Obama regularly "summon" the leaders of Congress (again, BOTH houses of Congress, not just one) to the White House as if he was our king and they were answerable to HIM, not their constituents? He doesn't write the laws, he just signs them (or not).
ONLY REPUBLICANS ARE TO BLAME FOR FAILURE TO RAISE THE DEBT LIMIT.
First, bulls**t! The Republicans in the House have tried for the last two and a half years to get the government's spending back in line with its income, only to be blocked at every turn by the three-headed beast (Obama/Pelosi/Reid). Second, we wouldn't need to worry about the debt limit if the Democrats weren't so hell-bent on spending us into becoming a third-world country.
I simply do not understand most of the folks that comment on MSNBC boards. Let me ask you this one question. Here is the background.
Your spouse just maxed out their credit card. Your spouse picked up the telephone and called the credit card company. The credit card company said, NO, we will not increase your debt limit, you already owe too much money.
So, if you are a shareholder of that credit card company, do you really think it wise to "vote out" the officers of the credit card company that refused to take on the additional risk more debt would cause?
As a shareholder, sounds like you should be giving Tea Party folks a medal rather than voting against them! Personally I have never thought there is a grain of difference between Democrats and Republicans. Both parties want to spend more of the taxpayers money for different but equally stupid purposes. I'm sure the Tea Party folks will cave eventually. However, if they do not then the Tea Party will take over the Senate during the next election.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
If not for the silly rants the dems make about the TEA Party, most americans would not have taken a second look at the TEA Party. The TEA Party came to be elected because of their promise of getting this country back on a good financial footing. They are doing exactly that by bringing the issue front and center. How can that be a bad thing, since they don't have the voting power to change anything, so they must use persuasion. A lot of their ideas make a helluva lot of sense to many dem/rep/inds, that is what scares the hell out of the liberals, nothing less.
Magnets - your ignorance of the purpose of government is amazing. To compare a government to your personal finances is naive and dangerous. This is why the Tea Party types claim that default will do no long term damage - they don't understand the big picture.
A better comparison for you is to think of the government as grease that keeps the wheels of the economy turning.
When is the last time that you paved the road (not your driveway)? Which bridge did you build? Which country did you negotiate with last month? Have you even visited another country? How about another state? How did you get there? Please read the constitution - it actually addresses the maintenance of the national debt (shockingly). So our founding fathers (who wrote the constitution) actually wanted the government to have debt (shocking again).
You do not get to choose which government programs that your tax money funds. Your role is to elect representatives who will keep 'greasing' the appropriate parts of the economy. If you believe that using sand as grease is more effective (causing the wheels of the economy to stop turning) - then you should be held accountable for damages that your view causes.
Wichita- Take your meds, it's obvious you need them. Thank goodness for the tea party. At least they have the guts to believe in our country and do something about it unlike the others who have spent this country into oblivion. Fifteen trillion in debt! Incredible and they vote to keep spending! Total insanity and it will bring our country down. Stop repeating the liberal lies - they have nearly destroyed this country.
The tea party should scare no one they have not harmed anyone nor threatened to. they simply believe that we are taxed too much already, which is correct and that Congress should pass budgets that are withing the revenues of the country, again a sound and logically thought out position that for some reason you wingnuts can't seem to understand. Becasue you don't and illogically assume you can spend your way out of bankruptcy you want to demagogue them as being dumb and scary.
Sir, I submit that your I.Q. wouldn't do anything but lower the class average severely.
I also must believe that YOUR country is NOT the United States of America because the Tea Party fits in well with the first 215 years of this country's existence.
Snowdragon, Wichita needs no dang edumacation, he is too busy. Thanks for trying, you make a lot of sense. I Wichita is prejudiced against older Americans, and I will lose sooo much sleep over it. A differing opinion will not be allowed in his tiny little world, just as it was in the old USSR.
If Obama used the 14th it would not prelude a logical impeachment. The President's first and foremost duty is to protect the citizens or America from any disaster, natural or man made, that would harm our country. If no compromise is reached by the first then he is obligated to use the 14th amendment clause to force the issue.
I hardly doubt that people are going to impeach him for doing his job. It would be far more irresponsible of him to not take the 14th route if things do not play out.
Besides that, Congressional need to get rid of their silly campaign promises; they do not belong in this climate and the fact they still cling to no tax cuts proves they care more about their jobs them what is right. Even if we cut spending by 3 trillion or more, we still do not fix the underlying problem, which is taxes.
We need to let the Bush tax cuts expire, staggered so that they expire for those who can most afford the extra burden and then as the economy picks up we let the later portion go. Only cutting spending is not going to cut it, we have to increase taxes.
We also have to increase spending a small amount in specific area's in our state Governments, like on infrastructure and transit, so that we can produce some well paying jobs and stimulate the manufacturing and construction sectors.
We need to cut spending in DOD, we need to procedurally go through the funding for each organization formed within the Government and find who is using the money most effectively. Agencies that are squandering their funds on frivolous endeavors or on projects that are not currently needed should have their funding temporarily slashed.
We need to get rid of most of our tax breaks to corporations that are posting major profits, they do not need them unless they are struggling. We need to kill our subsidies to Big Oil and any other organizations at least for the time being until we can afford to review them for reinstatement.
Finally we need to rewrite the tax code; every line of it, and remove all of the lobbyist influence from it that has built up over the past decades (from here on has nothing to do with the debt ceiling but is still neccesary). We need to remove the tax brackets, or rework them, so that everyone pays a flat rate which removes all tax burden's from each class.
We need to lock the new tax code down so that it can only be altered by Congress and a bipartisan review panel. We also need to ban lobbying from all sources, be it unions or corporations and add heavy penalties and fines for interfering with the running of the Congress. We also need to pass a law banning riders or requiring them to be clearly printed within the bill.
After that we need to also enforce transparency laws on any and all money funneled into election campaigns and political donations and do away with the PACs.
Essentially we need to make the government air tight against outside influence besides the voters and make it entirely transparent so that we know what they are passing and where any funding is coming from.
14th ammendmant only gives the United States (not the president, 2 different things) the right to collect taxes. It was put in after the civil war to make sure the southern states paid there taxes. So they wouldn't try to be disruptive and without taxes from the feds. Nothing at all to do with the debt ceiling.
Three major spending bills have been sent to the Senate in the last 5 months. Reid tabled all three. These bills could have been debated, ammendmants made if they didn't like them and then voted on. If they didn't like them they could have made changes and sent them back to the house. I don't want to hear "party of no" anymore on the Republicans. The Senate is paid to do this.
THE SENATE HASN'T PASSED A BUDGET BILL IN 2 1/2 YEARS! Even when they had all 3 branches of govt.
Michael ........you really don't want the pres to raise the debt limit on his own. Besides being unconstitutional we would be downgraded within a month. Interest rates would spike further killing housing and people with adjustable mortgages. Our interest payments on the debt would increase 130-150 billion a year and probably deepen the recession. We have reached our tipping point on debt and if we don't cut minimum 4 trillion over 10 years (debt agencies language) we will be downgraded anyway.
Debt itself is not a bad thing. However, it is not whether it is manageable it is whether you are making a wise decision in what you borrow for. If I borrow $100,000 and throw it down the sewer I think I have made a mistake. If I borrow $100,000 at a sure 2% and invest it at sure 3% I think I have made a wise choice (granted I might do even better but the point is the same). If I borrow $100,000 at a sure 2% and invest it at a possible greater rate I have assumed some risk but I likely believe I am making a wise decision. My concern is that his government continues to borrow but I am not convinced it is making judicious choices on what to do with the money. I feel quite confident there is more than enough wasted and ineffective decision making that correcting these issues would address our problems adequately without having to borrow at ever increasing rates. Stop the ever increasing borrowing and fix the way the spending is happening.
Good one party thinking! That has been the presidents' deal since taking office. Everything he has done points to this.
He excludes everyone and anyone who does not agree with what he wants, all the while mouthing no one wants to compromise with me! No, you disagree? Ok. How about Fox news? Well, can't deal with them because they question what he is doing. The GOP? Ha! That "entity" just does not exist according to our illustrious elitist so-called leader.
Look at this latest issue with the debt ceiling. Reject after reject after reject. Then he opens his trap and states yesterday "there are many ways available to fix this" (quote may not be exact but close enough. If there are so many ways, why isn't it fixed? Why was it necessary to whine to the American public about how nobody (and he won't) compromise? No politician, businessman or person with a live brain would air their dirty laundry in public but he did simply because he couldn't get his own way. (No? Think obama-nation healthcare).
The Tea Party and the now the cowering balance of the Republican party who state that they were elected on a platform of no new taxes have left something out. They were also elected on a platform of jobs, they never mentioned that they were going to give all the tax breaks to the wealthy far right and corporations either. They left out the part about paying down the shortfall from giving too much to the wealthy with cutting the middle class programs and cutting the retiree's Social Security and Medicare. So the Tea Party and the cowering remaining Republicans basically lied and have gone back on their campaign promises big time. In short YOU HAVE DEFRAUDED THE COUNTRY.
The republican party may not be the same as it was before the last election, did you ever think of that. Things can change. You say you want change in congress, vote 'em all out, but when there is a change, you cry like babies.
Tea Party people were elected to Congress on the platform of "no new taxes." Why does agreeing to a plan that professes that position mean they signed allegiance to that man, instead of simply agreeing with a position that matches their own values?
Regardless of their campaign promises, they took an oath of office to protect this country. By throwing this country into default, they are, in my opinion, committing treason.
Take a good look at the above list of those elected officials who rejected Boehner's bill. Keep them in mind. Now take a second look at the states whose polticians voted yes. See anything in any of that? Use a map of the US and then put these politicians on the map. Stand back and take a good look.
By the way, in case you are all wondering, it was reported in a northeast paper yesterday that a large "contingent" from Big Oil and the real estate industries protested in DC. Gee...can't imagine why can any of you?
The only ones missing in that protest were the "contingents" from Big Pharma, Big Insurance and Big Military. Talk about Grand Old Party...roflmao.
Wonder how much money Big Oil had to pay those protesters? Looks like Big Oil knows its days are numbered and wants insurance for a last hurrah on the backs of taxpayers.
Reading these comments, I hold very little hope for my country. The ignorance is mind boggling. You people are so concerned with what color hat you have on, or what the "Tea party" influence is, you fail to grasp the reality of our current situation.
I don't care which party or president you choose to blame. Our reality is, as a country, we're heading for being BROKE. In your home, in your check book, when you pay YOUR BILLS, you know you subtract what you pay from what you earn. You balance your check book. You don't overspend because writing hot checks will get you thrown in jail.
Our government is writing hot checks. We are spending more than we have. How you fail to understand that is really ignorant. The rules you live by... living within your means... is not part of the Washington mindset. Yet your concern is not that they live within their means, your mindset is the tea party is evil... the democrats are stupid... the repuplicans are protecting the rich.
Shame on you.
Take off your colors and use your brain.
Asking for a balanced budget (ammendment) is something that has been around since as long as I can remember. It makes sense. But even though WE live within our means, Congress has not been able to pass this since Reagan.
It's time for the name calling to stop. It's time for the division of Americans to stop. Put away your anti-party crap.
1) We need a balanced budget and to live within our means.
2) We need a fair tax system, who taxes ALL equally. No write offs. No fancy accounting BS. Whether it's flat tax or whatever, I don't know and I don't care. But we all need to pay equally.
3) We need term limits in Congress. Two term max and they're done. No special entitlement programs, no pensions. It's an honor to have served, they get a f'n plaque for their wall and that's it. They live and enjoy the same systems they helped to create or destroy (health care, social security, etc.).
4) We place an ammendment to the constitution that you must pass an IQ or history/current events test before you're allowed to vote. This test takes place every 4 years. I don't know which would work but a voting lever in the hands of a group of idiots is a dangerous thing.
When your elected to congress by the people in your district you are suppose to represent the people who put you in office. Unless I'm missing something I don't believe a congressman in Texas, for example, is responsible to the people in a welfare state like the one you are probably living in.
So Jerryk - are you going to tell Reid his bill is a waste of time siince it is dead on arrival in the House?
The House passed two bills that would have fixed the problem now, secured the fix in the future with the balanced budget amendment, and given Congress 6 months to work on a second step. Obama doesn't want the people to have input at election time and he is putting his re-election and party over what is good for the country by insisting that the cap be the largerst and longest lasting in the history of the country in order to take us past November 2012.
Every plan presented is a farce if it does not also contain a possible passage of a balanced budget amendment and the Democrats know it. They are lying hyporites who are joining with George Soros in destroying this country as we know it. They must be defeated in 2012 or we are going to be another Greece. America has awakened and is telling them to stop but instead of listening to the people they condemn us and get their slothful weltfare bum constituents to call us teabaggers.
It amazes how many people say that term "the rich" with such contempt, as though having a lot of extra money makes a person evil by nature.
Of course, such an evil person would instantly become good if he would just give some of his money to me and others that don't have as much as he does.
The mentality that insists on legally mandated redistribution of wealth is consumed with envy and bitterness, and doesn't see the bigger picture of freedom for everyone, in which people can (and have many times) pulled themselves up out of lower education and lower income into much better situations without the vise grip of govt. dictating what everyone does with their lives.
If you fools want the govt. to continue to take money from the rich to bestow it, unearned, on the poor, then you had better be prepared to become a pawn of a very restrictive socialist government. The current situation cannot continue in it's expansion without that eventually happening.
It is far better that people give from free will, directly to the truly helpless poor, or at least give by way of charitable organizations. But those that have higher incomes, can't do that as much as they used to if their tax rates are raised. You don't raise taxes in a recession! You lower them, to create jobs, increase production and put money in the hands of the consumers. A tax cut will actually bring in more revenue, because of the increased taxable profits. That has happened with every major cut in income taxes in the past.
Finally, whether anyone likes it or not, there is going to have to be budget cuts, and eventually, a functioning budget balancing mechanism, which includes limitations on borrowing.
A major tax increase on the ultra rich would be great for Americans and our economy. We should be talking about going back to the 70% rate of Reagan's time. The Tea Party propaganda supporting tax cuts for the ultra rich is false, according to economic experts. Tax cuts are most effective at lower income levels, and have drastically less economic benefit as incomes increase.
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
After the the supremes laughably voted that corporations were people and obscene amounts of political donations are considered "free speech", the amount unions will be donating to political campaigns in 2012 will be minute compared to the floodgates of cash opened by this bizarre ruling, which will be used to buy the candidates of the rightie owned corporations choice. Just wait and compare the amount donated by the dwindling unions to that of the corporations, or should I say "people", your good friends who have outsourced millions of jobs overseas the past 10 yrs and get tax breaks for their patriotism.
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. ... Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better."
Senator Barack Hussein Obama, Floor Speech in US Senate, 2006
Thank you Pjam, at least somebody understands. We need real cut not smoke and mirror cuts. I like the plan to save by passing a bill to spend a trillion dollars covering the moon in yogurt. The tomorrow we will pass a bill cancel that and look we saved a trillion dollars.
Nice post so the problemis expenditure, and taxes on individuals are a minuscule income stream, so a freeze on borrowing must apply, and a Immediate application of " Must pay expenditure" and all else negated.
pjam, don't where your figures are from but they are just plain wrong. The CBO estimates the Reid plan would save the taxpayers 2.2 trillion dollars between 2012 and 2020. The GOP plan would save sustantially less and would impact the poor and elderly more.
I am interested in viewing the Reid plan. One question I need to ask: Where the hell were the budget proposals for the last year? It's quite clear the Dem's don't have a clue when they can't pass a budget with a super-majority.
When the Repubs acting propose a budget, now the Dems become the party of NO.
Washington is disturbingly broken. Unfortunately, we the people are the ones to bear the brunt of their screw-ups.
It's just a sad day when you realize that the world was different than you thought. I thought that we lived in a democracy.
I knew that rich people/corporations, who have (mostly) their self-interest at heart, can affect politics with their lobbyists. I knew that. But I figured because they played this 'game' that there wa, well, still a chance; a chance that the people will be represented.
Now I know that there is no chance. Why they pretend to have to lobby to get their way to begin with is like a sick joke sadly. Why not just put your cronies in there to begin with? Then you can save your damn lobby money.
It's been a sad year for us Americans, for many reasons.
“I disagree with the Tea Party, but you must admit, if it were not for them, the Dems would just pass this limit on a Friday night with no fore warning.. just slip it through.”
jcook140
That’s the kind of imbecilic thinking that’s DESTROYING this country.
The “debt ceiling” is ordinarily a "housekeeping" matter, raising the credit limit to pay the bills for PURCHASES ALREADY MADE.
NOW IS NOT THE TIME TO QUESTION WHETHER OR NOT WE’RE GOOD FOR OUR DEBTS.
IT SHOULD HAVE “JUST SLIIPPED THROUGH” - THE WAY IT DID ALL 7 TIMES IT WAS RAISED DURING THE BUSH AMMIN, AND ALL 17 TIMES DURING THE REAGAN ADMIN.
What’s killing this country, is that Republicans can create a non-existent “debt ceiling” crisis over their wish to destroy government (just because a Democrat’s in the WH) and you suckers fall for their TOTALLY DESTRUCTIVE BS every time (while they’re robbing you and laughing all the way to the bank).
All these "cuts" Republicans suddenly want (why didn't they NOT charge 2 tax breaks for the rich, corporate welfare for Big Pharma and 2 freaking wars before they decided to become intersted in becoming so frugal???) is just to stall a nascent economic recovery for Obama and 2012, to hopefully weaken SS and Medicare - good luck with that - , destroy governent functions that protect Americans - the EPA - and keep our children ducile, dumb, unquestioning of their authority - by defunding education.
Stop swallowing their swill and use your own brain maybe?
Clearly compromise is in site on the Deficit Cap debate, now 72 hours from "D" Day.
Enough consensus in the House means the Boehner bill. There are 8 votes of slack. "Leadership" means count on the Boehner bill at this point.
The Leaders could try to reach across the aisle in the House. They risk losing more House Republicans than what they will gain in House Democrats no matter how they frame it. They could end up with a 44 vote deficit in the House as with Cut, Cap, and Balance, in an eyelash.
I think they should take what they’ve got, the Boehner bill. A bird in the hand is worth 2 in the bush.
Good to see these companies, including many unions, had their heads on straight during the time of the survey, but the union's stash of cash is but a mere fraction of the conservative corporations, which wil be unleashed in full force in the 2012 campaigns for their favorite conservative candidates due to the supremes "gang of 5" lunacy. My point is, a corporation (or a union) should not be considered a person, and obscene amounts of money is not "free speech". Makes the game a bit unequal for us po' folk, ya know? With no campaign spending limits, a rich corporation with lots of cash on hand could saturate a market with ads for the conservative puppet of their choice, thereby practically guaranteeing a win for their guy or gal. This article explains the insidious nature of the ruling...if you're not a rich white guy, your fkd.
There are at least three options--one is the 14th amendment.
Second is a $5tln coin minted by the treasury and traded for U.S. debt securities held by the fed reserve. Then the debt would be lowered by $5tln--voila $5tln credit to lower the debt limit by $5tln.
Third is a overdraft option where the fed reserve (acting in the capacity of the banker of the U.S.) allows the treasury to overdraft it's account; the fed issues government bonds and credits the treasury's account to lower it's outstanding balance. Again, the debt amount is lowered--no default here.
So with at least 3 legal and reasonable options in the light of the debt ceiling, what is the big ballyhoo all about? President Obama, tell them where to put it and lets get on with the show.
photoguy. See 2006-2010. Out of touch with your farcial reality maybe.
Just wanted to point that out. I honestly think these forums are farts in the wind.
There are so many so-called "free thinkers" posting like WitchitaThinkerRulez and yourself. You are actually a bunch of psueod-intellectuals that have their heads burried so far up their ideological bums. This arrogant way of telling everyone you know better truly shows a narrow minded ego that needs to be deflated.
But Republicans contend that $1 trillion of those savings are illusory since they're based on the anticipated cost of troop deployments in Iraq and Afghanistan until 2021. Obama and Congress have already decided to end those deployments well before 2021.
Get reasonable folks....Where in the world is this Congress & Obama gonna be in 2021!!??? What about Obama's war in Libya?? The Senate "cuts" are indeed illusionary (that is...it's phony).
The Senate seems to not even want fiscal responsibility! That's what all this is about....NOT partisan bickering!
President Obama, tell them where to put it and lets get on with the show.
"The Show" obviously meaning irresponsible spending on undeserved entitlement programs....Federal Givaways that we cannot afford!
Lets see, you get a letter from your financiers, stating that you are overdrawn and about to be foreclosed, so what you tell them, ok take the Money from my X account and put it in the Y account and viola, NO Problemo, is that right?>
lets be honest! You said the republicans have past numerous bills since they came into office....you want to no how many they have completed??? 12!!! wow big woop! 12 since they took office in January..thats nothing to brag about. The last 2 years (2008 to 2010) under Pelosi the congress past over three hundred and the 2 years before that (2006 to 2008) even while working with Bush over 250 were past!
I dont think their current record is exactly magnificant! Time to get off the golf course fellas! You seem to be cashing your check but not doing your work!
I am having a hard time understanding the Democratic rehetoric. The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate. I don't understand why the Democrats are insisting on shutting down the government. Actually, it might be a good idea, but I am wondering why the Democrats are so determined to shut everything down. The Democrats have the power to pass either bill anytime they want. Why won't they do it? Are they trying to cause a collapse?
They will go against ANYTHING Obama does or says...even if it's something they like...just to try to belittle the President.
Hey Louis J,
The only douche on the net is you, especially with comments like that. Would you also revert those comments to FR where you are a popular poster with your NewsVine Fan Club chippies?
Call me a racist Big Boy, for I dispise Barry O and all the Progressive Party stand for. You guys continue to tell lies, berating the Republicans when your group is the center of 'NO'. You are lucky so far that the liberal media owns Barry O and douches like you.
John McCain declares that the Tea Party's House Freshmen budget plans and proposals are deceptive, as well as, "bizarro."
McCain erupts: Conservatives are lying to America
Excerpts:
So the debt limit debate has come to this: John McCain, who you may recall was the GOP's 2008 standard bearer, is now openly accusing conservatives of actively misleading America with their completely unrealistic demands, which he labeled "deceiving" and "bizarro."
In a seminal moment in this debate, here's some video of McCain on the Senate floor today, unleashing an angry tirade at conservatives who are still holding out for a balanced budget amendment as part of any compromise on the debt ceiling. McCain accused them of "deceiving" America into believing such a thing can pass the Senate.
To such conservatives, McCain offered a simple answer: You're in fantasy-land, and you're doing your constituents a disservice by perpetuating the falsehood that such a thing can ever happen.
Tellingly, McCain cited today's Wall Street Journal editorial excoriating conservative opponents of the Boehner plan as out of touch with reality for thinking they can do better.
McCain's angry tirade on the Senate floor today perfectly captures the rising frustration, anger and panic of more responsible Republicans and GOP establishment figures as they come to terms with the true depths of the [Tea Party] delusion that is now afflicting some on the right — and the danger it is now posing to our economy and country.
Is Reid talking with the freshmen House Republicans? This article doesn't say. I think he continues to talk with so-called "leaders". We have seen that before several times this week, and clearly 'leader talk' don't cut no ice with the rank and file freshmen Republicans not to mention a few Democrats.
That's the old way it worked. Not now. No more "tell 'em how to vote". The leaders should 'get it' pretty soon or are they bone-headed?
The leaders have no leverage at all on freshmen Republicans, a growing number of regular Republicans, and more and more Democrats. They're here, they're in your face, get used to it. It's a new day.
How dare the T-Party suggest we get our Finances in order? How radical, to actually balance a budget?? to live with in your means.
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. ... Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better."
Senator Barack Hussein Obama, Floor Speech in US Senate, 2006
For those who want to know why we have such a big issue over raising the debt limit, it's because of the HUGE Deficits run up under Obama. Here are the Deficits for each of Bush's and Obama's years;
Bush 2001 = $128.236 Billion SURPLUS Bush 2002 = $157.758 Billion Deficit Bush 2003 = $377.585 Billion Deficit Bush 2004 = $412.727 Billion Deficit Bush 2005 = $318.346 Billion Deficit Bush 2006 = $248.181 Billion Deficit Bush 2007 = $160.701 Billion Deficit Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year Bush net Deficit of $2.006 Trillion.
My gosh! Reading some of these comments, you would think there are people who believe we should lock up one party or the other, take all their money, and put them in labor camps till they either die or the debt that is obviously all their fault is paid off. Then of course, they would be free to be put to death.
No wonder nothing gets done in Washington. People gotta posture on both sides of the fence till the last moment. Lets hope the nation wises up and elects free thinkers. Wouldn't it be awesome if there were no parties, and people did only what was best for the nation and not for themselves?
THE LIBERAL PROGRESSIVES PANIC AND, AS USUAL, LASH OUT CHILDISHLY!
This is not unusual. Just as the indoctrinated unions are being challenged for their corruption and thuggery, the Liberal Progressives lead blindly. Liberal Progressives, persistently confused in their belief that we are a Democracy, believe the majority rules. This is the shame and confusion that consumes them as their decades of mindless and illogical socialism is finally exposed as unsustainable. Now the usual rage and anger is being exhibited.
As corruption binds the party, they can't understand why the real American people are revolting against their childhood delusions that most people abandon after they reach puberty. The Liberal Progressive mind clutches to the utopia socialist world that has never been obtained without decaying into Marxism or their favorite, Communism. One hundred years of delusionary thinking has finally been exposed as the unnatural state it is.
Hairy Reed, Nanny Piglosi, Barrack Hussein and the other indoctrinates have been under the insane assumption that Progressivism is somehow a rational and acceptable existence. Decades of mindless entitlements, social programs and deception of the American people has finally caught up with them. The recent negotiations have proven their inability in normal thought or cohesive leadership. Without their "Democratic" manipulative majority they are helplessly wandering without direction.
The strength they allegedly showed in forcing the criminal and immoral Health Care Redistribution of Health hoax on the American people was the epitome of their idiocy. The Liberal Progressive disease was fully evident in their own party as fraud, bribery and extortion were the only weapons they had command of. Negotiation, compromise and bi-partisanship was summarily dismissed and now their attempt without majorities is evident. Their incoherent and thoughtless proposals, when offered, are seen as the ridiculous nonsense that only Liberal Progressives can believe.
Hairy Reed struggles to even stand straight when addressing his caucus, his leaderless accusations and projections are hard to watch. Nanny Piglosi, still fulminating from her loss of the gavel, appears weak and hostile. Barrack Hussein, as expected by rational Americans, is fully exposed as the immature, incompetent, narcissist we all saw during the campaign. His histrionics and illogical prioritization is creating the chaos we all see today.
Instead of addressing the most important issues, economy, jobs, debt, foreclosures his socialism consumed him. Wasting a year and a half nationalizing 1/6th of our economy, under the guise of Health Care Redistribution, strictly along ideological grounds to create his legacy was his downfall. Now we see the Liberal Progressives, led by a Community Organizer, straining to salvage the same economy they have ruined for decades. If it wasn't so pathetic and globally important it would be funny.
Budgets have been irresponsibly avoided due to lack of knowledge. An economic team clearly abandoning a sinking ship. Economic indicators falling or rising in all the wrong directions and times. Massive job losses, foreclosures spiraling out of control, bond ratings threatened, GDP crashing, productivity failing, massive Debt created and most importantly, global confidence eroding. What was once the economic envy of the world, is now teetering on total and irreversible collapse. Of course the Liberal Progressive solution, as always, is steal more money from American's with taxes and destroy the Constitutionally mandated military. The 60's and their attendant drug induced rages and violence are still fresh in the Liberal Progressive mind.
Today we see the insecurity of the Liberal Progressive as they need to lash out childishly at any opponent to their delusional cause of economic and social justice for the collective. Of course who better to project their usual hate, anger, misogyny and racism than on the TEA Party. A non-partisan, non-ideological movement that embraces what the majority of real Americans cherish. Constitutionally limited government, fiscal responsibility and free-market principles are the hallmarks of our great nation yet Liberal Progressives demonize it as it interrupts their socialist underpinnings. Their attempts during the Health Care debate to discredit the movement were dismissed and now they revert to the same lunacy. The insanity of this was described by Einstein, yet Liberal Progressives relent.
The TEA Party's strength is the fact that there is no "leader". There is no single entity Liberal Progressives can demonize as they have George Bush for all their insecurities and inabilities. Finger-pointing, blame and being leaderless has become the image of Liberal Progressives. Their hatred of the TEA Party can only be described as delusional as has been their ideology for decades. Their veiled concerns for the poor, victimized, discriminated and exploited is seen as their massive entitlements and social programs are collapsing around them. In their desperation they use threats of the same social programs being denied to the elderly, poor and children. How much more convoluted can anyone be than to create the entities, and now as they collapse, keep using them as a defense mechanism? The Liberal Progressive hypocrisy cannot be exposed more than that.
The next few days will exhibit the true inability of the Liberal Progressives. Their proposals are as "progressive" as rearranging furniture. No clear or rational thought is being displayed by either the Democrats or our incompetent president. Liberal Progressivism is stalled, as usual, when it is truly challenged during a crisis. Previous crisis management was simply
The next few days will exhibit the true inability of the Liberal Progressives. Their proposals are as "progressive" as rearranging furniture. No clear or rational thought is being displayed by either the Democrats or our incompetent president. Liberal Progressivism is stalled, as usual, when it is truly challenged during a crisis. Previous crisis management was simply delayed with massive wasting of money and time. Dithering is alive and well in the White House and Senate. Hopefully the American people will continue their complete support of the TEA Party and the Republican plans. Although they are not complete and perfect at least they are offering proposals and supporting what the American people truly want. Less government, less government intrusion and a return to true American exceptionalism.
The U.S. needs to reduce its debt. I reduced mine. Guess what? It hurt. I had to cut spending. I had to increase my income (part time job for me/close tax loopholes or additional taxes for the country). I spent less and had less free time. It takes discipline.
What's congress going to do? Are they willing to hurt? Are the American people willing to hurt?
The debt ceiling is to pay for what Congress already agreed to - it is spent money. It is like not paying your electric bill. The time to talk about deficit reduction is during the budget process, not now. The conservatives have already damaged our economy with this unnecessary theater. They have already harmed us.
You need to go back and learn what the debt limit/ceiling actually is. The limit must be raised to allow the country to pay bills already owed. I don't see in your list of things you have done to reduce your spending anywhere you say you just didn't pay your bills. Reducing spending should come after we raise the debt limit to head off an increase in interest that would make any attempt to address the debt more difficult and expensive.
More importantly, what are we willing to do without? Smaller military, close all of the national parks (b/t/w -- those are an actual money maker for the country). And if you want to cut people's salary or their job then you increase the unemployment roles, the number of foreclosures increase, and the value of your home goes down.
This is all called "Cause and Effect." While it's nice to say lets have the government not do this or not do that then we have to be willing to live with those consequences. Think about it... It's not as easy as many want you to believe.
Understood. I'm not talking about that. I'm saying that reducing the defit, whether it's now or later, is not going to be easy. Raise the ceiling now, that's fine, but it must be addressed sometime. What I'm saying is, neither the government nor the American people are willing to sacrifice.
Tony - I am so glad that you are working 2 jobs so that the ultra-rich in this country can pay a lower percentage of their income in tax. I am sure that they appreciate your efforts - as they fly off to their vacation houses.
Maybe we should change the tax code to tax all assets each year. Those of us in the middle class would still pay, but the ultra-rich would then have to actually pay their fair share...
Now let's see how many people will claim that 15% total tax load for the rich is too much. That is what they are paying (and not paying social security, unemployment tax, and several other taxes that working stiffs pay).
But hey - they worked for (or inherited) their money - so they should pay less tax. You stupid middle class were not born into money, so you should pay a higher percentage of your income for taxes. Remember - no new taxes for the rich.
David, that's exactly what I've been talking about on other posts. When the government cuts jobs, it harms the economy even more. When one company lays off a lot of people, not too big a deal. When a lot of companies do, it hurts. When the government adds to it, it's a big deal.
And yes, that's why it hurts, 'cause we have to live with the consequences.
But somewhere along the line something has to get cut. Our problem is that when the economy is good, spending increases. When it goes bad, it's too late. Putting money away in good times would be the way to go, so you could draw from it when things are lean, but politicians can't seem to let money lie.
If you'd spent any time in an introductory economics class, you would know that raising taxes (on anyone) has a negative impact on economic growth. We need economic growth in order to increase tax revenues, not higher tax rates.
So how do you suggest this country stimulate the economy if all we do is take money out of the system through spending cuts? Unemployment has stayed static due to the massive loss of public sector jobs from the federal government down to state and local levels. More people not working means less revenue to the Treasury.
Tony: Raising the debt ceiling has NOTHING to do with spending.....it only allows us to pay the bills we currently have coming in and does not allow unbridled spending.
If you'd spent any time in an introductory economics class, you would know that raising taxes (on anyone) has a negative impact on economic growth.
and if YOU had spent any time in economics class instead if listening to Rush Limbaugh, you would know that cutting government spending during a recovery is economic suicide.
Actually - there are very few economics professors that are advocating lowering taxes and not taxing the rich at the same rate as the middle class.
This is the paid shills for the rich making up their 'facts'. The reality is that the rich pay taxes at a much lower rate than the middle class. This needs to be remedied.
The solution is not to lower taxes. Only idiots believe that the fundamentals of governing (maintaining a government) is free. Only idiots believe that we (in the USA) are paying too much tax. We are paying at a lower rate since the great depression. The rich are just greedy and want the middle class to subsidize their lifestyle.
And as I predicted in my earlier post - the shills defending the right of the rich to fleece the middle class will be posting.
Tax revenues have remained constant at around 18% of GDP since the early 1960's, regardless of the actual tax rate. So the answer to increasing tax revenues is NOT raising tax rates. We need to grow GDP.
how do you suggest this country stimulate the economy if all we do is take money out of the system through spending cuts?
Are you of the mind that if the government leaves more money in the pockets of Americans they aren't going to spend it? I have every confidence that Americans can spend money without the assistance of the government. In fact, I have every confidence that American can spend it much BETTER than the government.
@Didi, I'm curious. If we have a debt problem, how is taking on more debt a solution to that problem? The purpose of the debt ceiling is to constrain government spending. We have plenty of revenue currently coming in to pay service on our current debt, fund entitlements, etc. Government spending is the problem, not the solution.
@itgranny, if you can point me to ONE respectable school of economic thought that says that raising taxes has a stimulative effect on the economy, I'm all ears.
@interested observer, I don't think I've heard anyone advocate cutting taxes further. But all of those economics professors will tell you that RAISING taxes has a negative impact on economic growth.
Revenues as a percentage of GDP is currently about 14%. History is history.
The Federal Government is the largest purchaser of US goods and services. Taking money out of the Treasury through continued tax breaks takes money out of the nations economy.
It is amazing how everyone is an expert on the Laffer curve. It is true that increasing taxes hurts the economy - WHEN TAXES ARE HIGH - and the economy is at the high side of the curve. But we are not. We were not even when Reagan was president.
If lowering taxes in a good economy is claimed to be good (per the lunatic fringe), then the opposite should also be true. But these lunatic fringe types argue that lowering taxes is always good - and THIS IS A LIE. They create false facts to support their claims, and people tend to believe written lies.
So - to restate--- raising taxes does not hurt jobs, anymore than lowering taxes increased jobs (this also did not happen - inspite of the lies).
People - look at facts. Stop listening to the lies that are spread. Look at the data and then draw conclusions. The data does not support their lies.
How much military equipment did you buy last year? How much concrete that has gone into the national highway system did you buy last year? How many federal prison guards did you personally pay last year? Who created those goods and who supplied those services? Normal everyday American employees. It's those jobs that are being supported by the purchases made by this government that are used to support, defend and repair the basic structure of this country. There is a need for government to spend that money as most private sector Americans would not spend on those things.
If you'd spent any time in an introductory economics class, you would know that raising taxes (on anyone) has a negative impact on economic growth. We need economic growth in order to increase tax revenues, not higher tax rates.
That certainly explains why our unemployment is so low...11 years of tax cuts! I'm sure glad you gave us a lesson in economics.
@vwterry. I have no problem with the government spending money on those things. It's the stupid stuff it spends money on that leads me to believe that they need a reality check. Read this:
I think you'll agree that most private sector Americans would not spend on these things either. If we have money for this kind of nonsense, we don't have a revenue problem.
Why does it take having the absurdity of your comments pointed out to get you to appear reasonable? My intent was to show that your blanket statement is at best ill-informed and probably disingenuous.
No doubt there are many things that the government should reconsider when it comes to spending, but first we must do everything in our power to restore the economy of this country and pulling such a significant portion of actual money from the system is counter productive to that end.
Which blanket statement are you referring to, exactly?
That raising taxes has a negative impact on the economy? There is little question about that and I stand by it. Pretty much every economist in the world is with me on that.
That tax receipts have historically been stable around 18% of GDP since the early sixties? True story. Verifiable. Look it up.
That government spends money stupidly? There is absolutely no question about that. You don't seem to be disputing that.
That the government does not have a revenue problem? I stand by this too. Otherwise it wouldn't be spending money on the stupid crap I pointed out to you.
You are correct that the government should reconsider how it spends money. How is raising the debt ceiling an incentive for the government to reconsider the many things it screws up on when it comes to spending? The only incentive to prioritize government spending is the debt ceiling.
Let's go back to when our economy had actually a surplus. Let's see, that's when George W took office. He inherited an economically healthy USA (which got that way under one of those leftist, socialistic/communistic, pinko types, BRUUHH!!). But, true to his stupidity, George W (with the help of the Hitler-wanna-be, Chaney) quickly surmised that the best way to fix the economy (What is it Broken??) was to enact tax cuts and start a war with IRAQ (I'll grant that the war in Afghanistan was necessary) just to punish Sadam, who was making fun of his daddy.
As the economy improved (at least that's how George W. saw it), the debt ceiling was raised and the economy kept improving--after all, he did cut taxes! As the economy continued to improve, the unemployment rate started to increase. In the eyes of George W., that was a good thing. We'll just raise the debt ceiling again and the economy will keep improving. How do we expedite this economic improvement you ask? Why we'll shrink Government. We will deregulate the banking and housing industry. We will also deregulate Wall Street. Lesser Government is good for the economy. Thus, the economy will keep improving. And the unemployment rate kept rising. The Maddox types started to flourish--scheming brokers and bankers were free to help the economy grow. Bankers and brokers, left to themselves started to play "line my pockets" with bogus loans. And the economy kept improving. Unethical behavior was the order of the day at Wall Street, after all, with no regulatory Government to get in the way, all the selfish brokers were free to help the economy grow, RIGHT!?
After eight years of the economy growing, someone whispered into George W's ear that if he didn't get his head out of his a$$, the economy was going to tank, worst than it did in the 1930s. But how can this be? After all, he cut taxes, he deregulated all of those industries, he shrank Government. I know! Let's raise the debt ceiling again—that always seems to work. However, the little birdie once again whispered in George's ear: If you don't do something to stimulate this economy, the entire country is toast!! So George W, true to his less-Government belief, imitated the biggest subsidies programs since the Great Depression. Remember that this is a conservative president that doesn't believe in Government intervention. Since it took eight years for Mr. Bush to grow the economy to the point of complete melt-down (an economy that went from a surplus to a deficit of over $10T) he could not stick around to execute on his subsidies programs. That was left to the poor Socialist/Communist that came after him. This poor schmuck gets stuck with all the work and all the blame of trying to reverse all of that economic growth brought about by eight year of incompetent economic policies under George W—the hero of the religious, right (remember, George W spoke directly to God!).
So, this new socialist/communist president begins to execute on the programs that George W initiated and immediately, those of narrow mind and short memory place all the blame on him. Since this new socialist/communist type didn't speak directly to God, he is worthless, and therefore deserves all the wrath of the true believers. Now how do help this worthless socialist/communist solve our problems?! Let's send to congress more of the religious, right wing nut jobs (that don't know beans about economic policies or how to run a Government) so they can stall any and all attempts at resolving our problems. First and foremost, no reversing of George's tax reductions—after all it was those tax reductions that got us into our current, great economic situation. We must continue that process. Second, no raising of the debt limit. George W raised it enough times such that we no longer need to do it. Third, we must reduce Government further by removing all regulatory agencies that serve no purpose other than to stop those bankers, CEOs, brokers, etc., from helping themselves, err, helping the economy grow. Fourth, let's eliminate Government control of Social Security and Medicare. These programs need to be under the control of the bankers and Wall Street types who will see to it that the funds are around for their benefit, as they grow older—line their pockets. And last but not least, let's reduce Government by enacting laws that prohibit abortions, gay marriages, collective bargaining, and any other civil right that hinders the economic growth. SMALLER GOVT, After ALL!
So, have I missed anything is my short summation of where we are and how we got here?
The Federal Government is the largest purchaser of US goods and services.
Where do you suppose they get the money to buy all those goods and services?
It is not taking money out of the economy to let Americans spend that money for themselves."
As I've already pointed out, private citizen do not take on public projects.
And this one-
"That raising taxes has a negative impact on the economy? There is little question about that and I stand by it. Pretty much every economist in the world is with me on that."
Taxes were raised during both the Reagan and Clinton administrations. Several times. Our economy was doing pretty well then.
And this-
"That tax receipts have historically been stable around 18% of GDP since the early sixties? True story. Verifiable. Look it up."
As an average that's true. But at this point in time, the one that matters today, it stands at about 14-15%. True story. Look it up.
"How is raising the debt ceiling an incentive for the government to reconsider the many things it screws up on when it comes to spending?"
One has nothing to do with the other. Not raising the debt limit will in no way lower the amount we now owe. That amount is the only thing the debt limit addresses.
Nice rant, confused. Feel better? If you want to gripe and complain, by all means feel free. Lord knows there is plenty to gripe about. But aside from showing us in a most verbose fashion that you've mastered a juvenile skill that any five year old can master, you haven't contributed to finding a solution.
The W administration is why I no longer self-identify as a republican. He dropped the ball with regard to debt and deficits, in my opinion.
But then Obama picked up that ball and ran in the wrong direction, making the problems he inherited much, MUCH worse. So this economic mess we're in is HIS baby. Since he doesn't seem to have any ideas of his own, do you have any? I'm sure he'd love to hear them.
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
You are correct, private citizens don't take on public projects. But they still spend money. So leaving more money in an American's pocket for him to spend to meet his needs is no less spent than if the government takes it and spends it on a shrimp-on-a-treadmill experiment. So that money wasn't taken from the economy, as you suggest, because the government didn't spend it.
So tax receipts are currently at 14% of GDP. There are lots of reasons, I think, that equity capital that would otherwise be invested in economic growth is currently sidelined (our president's economic policies is chief among them). But tell me how raising tax rates will grow that! Show me something other that an anecdotal "well we seemed to be doing okay under Clinton". Point me to the reputable school of economic thought that says raising tax rates is the way to stimulate growth. You will not find it.
The amount you say we "owe" refers to the amounts the government has already budgeted for shrimp-on-the-treadmill studies in the immediate future. That's spending that can be cut without raising the debt ceiling. We currently collect ten times more revenue than we need to pay our debt service obligations. The amount the federal government takes in on a monthly basis is about $200 billion dollars. Debt payments are $15-20 billion per month. That leaves $180 billion dollars per month to fund the rest of the government's priorities. That is available to fund entitlements and the military and infrastructure. Raising the debt ceiling just gives the government more cash to spend on crap it shouldn't be spending money on in the first place.
@Lobo, that's what I'm saying. Despite a tax rate of 90%, tax receipts were still about 18% of GDP. Pay attention.
Did you know that the 2nd highest tax revenues in a month were collected in April of 2006? That was up over 13% from 2005. That's the 2nd highest monthly tax revenue in HISTORY! Refresh my memory, what was going on then? Bush tax cuts from 2001 and 2003. True story. Look it up.
Your idea of "fair" taxation is amusing. To paraphrase: raise somebody ELSE's taxes to fund YOUR priorities. It's the economic theory of looters and thieves.
Paul...Not a good example. Because that highest in history revenue ended with a 2008 bailout to the financial and mortgaging industries. You want to explain how that historical collection of revenue was supposed to remain intact when money for Iraq was hemorraghing from the federal revenues? Bush and Cheney used a lot of double talk to make it appear that their policies were not benefitting their own 2 states more than the other 48.
Your ideas of raising taxes are to allow corporations to be tax free and then allow them to dump costs of their oil spills on the rest of us. That is why Bush manipulated that historical collection of revenue...he knew exactly what he was going to do...bailout Big Oil by dumping 50% of that Valdez spill on individual taxpayers.
Your idea of taking from the weakest segment of the population to keep the rich richer is why we are in the mess we are in. The rich DO NOT SHARE YOUR WEALTH OR FOR THAT MATTER EVEN BOTH TO PUT BACK ALL OF THE REVENUES THEY TAKE FROM THE FEDERAL KITTY. Got that now?
I disagree, @ewent, it's a perfect example! It's a glowing example of how lowering tax rates increases tax revenue. Your comically ill-informed rant is apparently a transparent, an unsuccessful attempt to distract from this fact.
You appear to be making facts up to support your ridiculous position, and mis-characterizing mine. There is nothing in my posts that would suggest to a reasoning person that I think corporations should be tax-free.
You obviously don't know how corporate taxes work, so let me try and educate you. I'll try to use short sentences and stay away from big words.
Corporate income is taxed multiple times. It is taxed once at the corporate level (the U.S. currently has the second highest corporate tax rate in the world). Then it is taxed again when it is distributed to shareholders. Then it is taxed a third time in the form of capital gains taxes on increases in shareholder value. Corporations are responsible for a LOT of tax revenue.
You have obviously been convinced by your handlers on the left who have been doing all your thinking for you that corporations are the boogeyman. Nothing could be further from the truth. Corporations are of great benefit to the societies in which they operate.
Incidentally, the rich created their wealth. I don't expect them to 'share' it with me. I don't want them to share it with me. I prefer to create my own wealth. I am fortunate to live in the U.S. where free enterprise and a market economy makes this possible. You are free to participate as well.
Maybe if you put half the energy you seem to put into crafting non-sensical vine comments into creating wealth for yourself, you'd understand and be that much better off. Please do! The only people who will resent you for it are small, angry, pitiful people who lacked the courage to pursue it for themselves.
Looking at the list, why do I get the feeling that the contents are being twisted so they sound worse that they are?
For example, consider the case of number #1. A huge amount of data that can sometimes model real life in surprising ways (Google: The Corrupted Blood Incident).
How DARE they spend our money studying it to see if businesses can be made more competitive!
I'd prefer businesses initiate and fund their own studies on how to be more competitive and leave the government out of it. Government has no business spending money on this stuff. The private sector can and should do it. They can do it better.
Why bother Boehner. You know it's dead on arrival in the Senate. You just wasted 3 days of the American people's time. Besides, everyone knows you spent 3 days tweaking the bill to the tea baggers liking. So, this is a bill for the tea party, right? You want 80 or so Freshman Representatives to set policy for the country, right?
That's why its dead as soon as you pass it. The blame game you're going to play after the Senate kills it won't work. All the polls are against you. The majority of Americans believe Obama's the closest thing to an adult here, not you or the tea party. They will think that even more next week when he pulls out the 14th ammendment when the shi.. hits the fan.
That is just crap!! It appears that the only person working at all is Mr. Boehner. Sure, he was trying to get the Tea Party to endorse his bill. Sure he was working to put something on the table that he thought might get passed. At least he was working toward a solution. The Democrats haven't put forth a single piece of legislation. They just wait for the Republicans to put something on the table and then vilify it. What has anyone done for the American public? Get off of Boehner's case. He is, at least, trying to move the extremists of his party. While our President has now sat back and thrown insults whenever he can in order to make himself look better. His big concern is that nothing disrupts his campaign next year. Yeah, that should be our priority right now--for sure.
Color, the Dems have put forth several proposals and the President was trying very hard to broker a deal. The TP/GOP wants it all even if it means throwing the economy to the wolves. In fact, a double dip reccession would help their cause in 2012 as they think Obama would get the blame. What the hell kind of partiotic person wrecks the economy to get reelected? Beohner is in a tough spot, he has the job of trying to get a childish, unreasonable buch of TP people to put their personal ambitions aside to help the country.
In my opinion, they would get a lot more support if they came up with a great bargain that really helps the economy. Alas, I think it won't happen.
kem...I am not a Republican, but I can assure you that Mr. Boehner is not stupid nor are the Tea Party. The Tea Party are extremist and are misguided for certain. Boehner is a very capable man....He just is having a hell of a time being placed between a rock and a hard place. At least he is putting out some work product. I don't think much of the plan either, but it would stop this crisis. Your efforts certainly aren't accomplishing anything...."Having blind in your name only proves my point." What is that crap? Helpful to be sure.....
@jerryk1 (any others on the 14th amendment argument) - I'm curious where in the 14th amendment does it allow the president to do anything? Sec 5 reads very clearly that "The CONGRESS shall have power to enforce, by appropriate legislation, the provisions of THIS article". Congress = (Senate + House), no? Last time I checked this does NOT include the president, so I'm really not sure what all this babble is about. To me it can't be any more clear. Please show me (in the 14 amendment) where it says the president can do anything, or discontinue the spread of this nonsense.
the president should have invoked the 14th ammendment about 6 weeks ago. he is justified to make an executive decision in this matter due to a clause put in the constitution back in the civil war era. Mr. President if you want to retain a positive leadership role, then it is time for you to step up and take charge of it. anything less, and you are failing your duties to protect and defend the constitution of the United States of America
Ok Thinker....You are right. I am naive, a fool, and just plain wrong. They are all stupid because of their religious beliefs. I am stupid because I am tired of all the saber rattling and chest pounding. You are the one and only wise and knowing person on the planet and those that disagree with you are not worth hearing or even taking up oxygen. Ok...Thinker...You be right. It just isn't that important to me to be right. I would rather be successful...wow...how stupid is that, huh?
All right, all you democRATS - kool aid is about to run out and you will have to wake up to reality. What are you going to do once you run out of other people's money???
So glad people applaud the President. Oh yes Mr. President. Please, continue to raise the debt ceiling and break our nation further. I have not seen one President say, no, we got ourselves into this mess and we'll have to get out by feeling the crunch. Stop increasing our national debt and claim you're going to cut spending by x amount because the next budget meeting you'll be upping the debt again.
I want them all out of office. But sadly we only have another round of money hungry, only care about themselves people waiting eagerly to take their spots!
It's too bad our President is a black man, because I believe that is what is driving 50% of this mess. Any other WHITE guy and we wouldn't even be here. Closet hyprcrytes! I voted for him and I am white.
What proposal have the democrats made? Not one bill has been brought out in the senate to be voted on. Imaginary numbers cannot be considered a plan. The house and senate should each be working on and passing their own bills. Once they are passed they should be compared and then negotiations should begin.
The fact that the debt needed to be raised should have been clear over a year ago. Why did the democrats not resolve this issue when they had complete control of all three parts of the government?
You can attack the tea party all you want, Obama and the democrats could not make a budget when they had full control of the government, how can you expect them to make a reasonable plan for fixing spending in general?
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
PJam, you know what the problem is with that statement though? There is no one Repub candidate that all Republicans will vote for. Mr. Generic is a fantasy right now and so far I see no contenders that will fill that spot.
Also his ratings are low for the same reason Clinton's were. We're at the precipice of a canyon and we have just a few days too keep the country from taking the plunge. Take a look at congress' ratings, I bet the are in the negatives by now.
I think "Mr. Generic" would be Jon Huntsman, Jr. He's smooth, calm, cool, results-oriented, smart, experienced, capable, and businesslike. He's also pretty boring, but a boring and non-offensive pragmatic candidate can probably beat out an unpopular ideologue.
It is not a waste of time. If Reid doesn't like the bill all he has to do is have debate on it, make ammendmants to the things he doesn't like, and send it back to the house. He has tabled 3 pieces of major spending legislation this year. That's right home gamers ...no discussion, no ammendmants... nothing.
All i hear they are against is the timeline, not numbers. Make the darn change in the bill with an ammendmant and send it back to the house. It aint that hard.
All we have heard is vague proposals from the dems so far. NOTHING in writing. NO bill. Had 3 bills in front of them they won't even dicuss. This is from the people that accuse others of "party of no".
He just is having a hell of a time being placed between a rock and a hard place. At least he is putting out some work product. I don't think much of the plan either, but it would stop this crisis.
That's right, Boehner is having a hell of a time. But, instead of trying to placate the tea party nuts, why doesn't he spend time crafting a bill that can get the support of Democrats in the House? Then, he can tell the tea baggers to go to hell.
Craft a bill that can get support of Democrats??? You cant be serious...that would have to contain "there will be no limits on spending and debt"..Only then would Reid and Obama be happy....
Seth - Huntsman doesn't have a snowball's chance in hell of making it through the Republican primaries. They're going to give you Palin2 and then you'll have to make your choice.
Boehner has now put forth two debt ceiling bills which are both ridiculous if for nothing else than the "poison pill" "balanced budget amendment" clause.
Even McCain said this was crazy to tie to the debt ceiling.
People think that a balanced budget amendment sounds like a good idea and it could potentially be if properly drafted, however, it really doesn't belong in the Constitution because it really has nothing to do with rights. And more importantly, it shouldn't be tied to the debt ceiling.
Here's the thing. The two bills freeze the debt ceiling until a balanced budget amendment is passed. To submit an Amendment to the States, it must first be drafted and approved by 2/3rds majorities of both houses. There is no way that will happen. And then to be ratified, assuming it somehow got the Congressional approval, it takes 2/3rds of all the States to approve it through the ratification process. Now if that isn't ridiculous enough, they specified certain aspects of the Amendment that would be have to be satisfied in order for the freeze to be lifted.
Here is the real danger of such an Amendment as specified in these bills. This would require 2/3rds of both houses to approve any debt ceiling increase. There are 535 members of Congress. 435 in the House and 100 in the Senate. So just over 1/3rd of either house could stop a debt ceiling increase and fundamentally destroy the country through default.
As few as 34 Congressmen could sabotage the government or use the debt ceiling as a hostage. (34 Senators or 146 Representatives). Today it takes a simple majority and we can't even make that work as a larger number, 218 are holding the government hostage. This would give a small minority unprecidented power to essentially overthrow the government and/or "overturn" laws that had long since been put into place by the normal legislative majority process. By eliminating funding, which is what this ultimately does, you can cancel out many existing policies without even having a majority to repeal them. This is extremely dangerous and runs absolutely counter to the principles of how the legislature works.
This would create "minority rules". Most people don't realize this and think a balanced budget sounds like a good thing, but in reality, it is being used as a ruse to change the entire process. I can assure you that some people know very well what this would do and that's why they are pushing it. And others know full well the potential dangers of it and that's why they oppose it. Wise up America, things are not what they seem. There are consequences you haven't considered. The Amendments described in these two bills much never pass as they would change everything in a most destructive way. And the two bills would have immediately accomplished the freeze unless everybody could be blackmailed into passing the Amendments. They needed to fail and anybody who voted for them is either too stupid to understand or they are part of a conspiracy to overthrow the government.
Don't believe it? Go read the language in the bill. It is very complex, deceptive legal speak, but if you read it very carefully, you will see in fact what it really means.
JA: You need to pay attention better. What the bill needs to get democratic support is revenue increases. But of course the repubs put a pledge to Norquist over the pledge to Americans.
anyone with any sense knows that tax increases would be but a very small few percentage points in this problem....They are just a diversion from reality....they are the excuse to not work on the actual problem....shift the blame...we will not face the facts....and the liberals could spend that money and more with no concience....
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
But if the Jones family ran up that debt because one of them stopped working and cut their income in half, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by putting the other party back to work?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
they continue to say don't tax us because we are the job providers in this country==really== i have called in to pay bills and have found that the jobs have been given to other countries tXU electric South America - credit cardcompanies India No wonder this country isgetting poorer and their is no jobs these people that refuse to pay their fair share of taxes has sent all the job to other countries--WE HAVE BEEN OUTSOURCED
So you think its smart to start slashing programs when the uneployment rate is sky high and people are needing social services to survive?? If the republicans worked on jobs bills like they promised when they ran for election then people could get back to work and ..guess what??...wait..wait...YES..they start paying taxes again ..which does what???? creates revenue...but you no what? republicans are too stupid to realise they got their priorities all wrong or they simply dont give a crap about people working. They would rather gut the country the rest of the way, pollute our air and water so business doesnt have to be responsible for where their waste goes, and have us all living on the streets. Who will pay taxes then huh??? talk about stupid as well as being liars!
It disqusts me how they sit up in their ivory towers and talk about how they care about their kids futures..what a load...the minute they swore allegiance to Grover Norquist they became traitors because they put their priorites above the country and the people they were elected to represent.
I will not vote to elect anyone who gives into anything short of:
** increasing taxes on the wealthy....they got wealthy off the little people who are suffering from the greed & courruption of the wealthy & corporate conglomerates.
I will not vote to elect anyone who takes one penny away from entitlements.....the middle class is struggling day to day to hang on & the poor & the middle class & our senior citizens are suffering on a daily basis becasue of the greed & the corruption of the wealthy & the corporate conglomerates & the jackass politicians who serve them.
.
Clearly compromise is in site on the Deficit Cap debate, now 72 hours from "D" Day.
Enough consensus in the House means the Boehner bill. There are 8 votes of slack. "Leadership" means count on the Boehner bill at this point.
The Leaders could try to reach across the aisle in the House. They risk losing more House Republicans than what they will gain in House Democrats no matter how they frame it. They could end up with a 44 vote deficit in the House as with Cut, Cap, and Balance, in an eyelash.
I think they should take what they’ve got, the Boehner bill. A bird in the hand is worth 2 in the bush.
This is your wake up call. You will report to People's Work Camp #13 at 6:00 a.m.
If you do not report, the First Offense is punishable by anal probing by bayonnet. The Second Offense is public execution by anal probing with a larger bayonnet.
Do you all know that the only country in the world with a "debt ceiling" is the U.S.? Other countries just live up to their obligations because they said they would (or go down like Greece. . .)
Rome fell. Japan fell. Germany fell. Russia fell. Do you see where we're headed, Tea Party????
This is basically the same plan that the GOP walked out on before, twice. The only difference is the cuts in two segments, if the House GOP are stupid enough to fillibuster or vote it down, then this will show the GOP are really @!$%#ed up. It is a very good plan. Reid is trying to make the cuts in Defense because the troops are starting to come home, the Defense has a lot of waste in it. The GOP will continue to hold Norquist Higher than the People and the Country. This is the fault of the GOP but Mostly the Tea party. I have a lists if you want to call them.
This thread is looking like the negociations in DC, Close everything you don't agree with. On here if I think differently then you then you ,I MUST be wrong ( sarc,) and you will close down the comment and that of everyone elses tied to mine. Great country we have going for ourselves.
The Dems put country first while the baggerloon roll around on the floor in a tantrum holding a can of lighter fluid with the top off. Now granted I would love for the Dems to take strap and swing it across their A%#es until sparks fly but that would set the F&^%king whole house on fire with the country in it. But stand by for news, the American people will have something special waiting for the Bagger/Rebub electorate real soon.
Watching the Republicans trying to balance a budget on the backs of the elderly is sickening.
America has the largest wealth inequality in the entire world. Also, the lowest taxes on the wealthy since before the "Great Depression." That is why our country is heading for (if not already there) a repeat of the '30's.
Average Americans must ban together and demand their fair share. We need to reinstate the same protections that were passed to control corporate (Robber Baron) greed which helped to end the "Depression."
America needs to have "Fair Trade" not "Free Trade" so that we can compete globally. Our 40 years of stagnant wages, exponentially rising health care and commodity prices, have created a class of impoverished people who were once middle class. This class is expanding while the small percentage of wealthy Americans increase their wealth obscenely. As long as this economic inequality persists, our nation will continue to decline.
This "Debt Ceiling" crisis, IMO, should have been fixed with tax increases (actually, recalling the tax cuts for the wealthy) instead of cutting medical services for the elderly. Imagine if we would have rescinded the long standing tradition of being the only nation worldwide, that does not bargain with pharmaceutical companies for the price of medicines. That move alone, would have freed up trillions of dollars in our budget without hurting (just the opposite), the poor and working class. Also, we can save trillion$ more by implementing universal health care, therefore removing "for profit insurance" as every civilized nation in the world has. Unfortunately, our politicians are corporate owned (mostly) and refuse to do anything that would affect corporate profits, even if it means saving the middle class.
"The non-partisan Congressional Budget Office has estimated that the Reid proposal would reduce deficits by about $2.2 trillion over 10 years,"
It's really only $1 Trillion over 10 years, since the other $1.2 Trillion is an 'assumption' that the wars will end soon. Whether they end or not, that is not a REAL cut in spending, because no future Congress will be bound by what Harry Reid says today.
Since Obama's budget projections call for more than $47 Trillion in spending over the next 10 years, that $1 Trillion 'cut' amounts to only a 2.1% cut in spending.
Obama has divided us and put us in extreme debt and added more regulations than businesses can deal with hence...no jobs. We are in a downward spiral because nobody is hiring. Maybe that's what Obama wants so he can collapse the economy and remake it as he wants. Originally I thought he might be one for the people, but I was wrong...and so were a lot of others.
Jerry, the problem with most Obama supporters is they have never read the Constitution and have absolutely no idea what it stands for and how Obama has tried to destroy it and make himself King. I've had my fingers crossed the whole time that he would try that so we could get rid of him incompetence or destructiveness before 2012.
And Weef, the polls on MSNBC are a total joke since this is where the majority of posts by Obama "volunteers" manning the computers are told to post.
When the rest of us are smart enough to catch on, the screen names stop being so military and/or medical and start being things like family member i.e. mom.
I agree and the elderly had better get a clear understanding as to the current vision of the Bagger/Rebub party and recognize that it is their best interest to vote with the part that is standing in the Gap for them against the loons.
Really?? Such "head in the sand" reactions of the left,left,left!!! I am more of a "common sense" political party. The far right and the far left are really out there. What I find amusing is that dems are waving the Obama flag and saying how glorious it has been. You are the ones running blind. Of course, this has always been the case. All the finger pointing in the world does not come close to righting this out of control ship called "America". There is a middle ground, but considering the political climate at the moment, I doubt we will get there anytime soon. Why is it that we must exhume the previous party and parade the "blame and insults" for all to see?
When I hear the dems talking about how great Obama is, I can't help but wonder why? What has he done that is so great? Small business is in the toilet. Unemployment is so rampant that we can't even affix a real percentage to it. Small business is what kept the lower to middle class able to even come close to tasting the so called "American Dream". Nafta drove a stake through the heart of these people. This of course was signed under the watch of Bill Clinton( a dem as you well know). I'm afraid to even look up what our dollar is actually worth at this point and time. I have news for you. This partisan warfare is killing us. We must not forget the lower to middle class. We don't need handouts or an out of control, monetary printing press. We need our jobs back. I really feel that no matter what "party" you belong too, it is time for the wealthier citizens to think long and hard how they could help by investment in the future of America. All the bickering that goes on is just digging a deeper hole for us. I will submit to you that we don't need China to make most everything produced. Bring the jobs home. I feel that this is our only shot at redemption. And please, no insults such as "socialist" are necessary.
and of course in your world, the economy and just about every other problem you list began just 3 years ago -- You're ready to declare the death of America (you have no clue about this country) and yet you insist your name calling isn't really name calling--it's a plea for bipartisanship.
Lead, follow or for pete's sake...get out of the way.
I continue to read posts from supporters of the democrates and have to wonder if they really know what is going on in this country or if they simply want to bring up "talking points" trying to make republicans look bad.
One of the things people keep talking about in this thread are corporate taxes. The dem supporters here keep saying; "it isn't fair that the corp's don't pay more".
Okay, let them pay. Put out a bill that restructures taxes so that all corp's pay substantially more. On the surface, that sounds great. But the reality would be quite different.
First of all I believe that most people here are mad. No matter what changes are made on their behalf, they want more. When they don't get it, they act like spoiled children and scream that others need to pay more so they feel the same pain. Taxes are far lower now than ever have been; for everyone (indiv/corps alike).
You want corporations to pay more? Tired of not having jobs putting a drain on the economy? Just wait. If corporations have to pay more taxes and the government continues to put more restrictions on them in the name of "green", we will all see a monumental shift downward as never seen before. We will be looking at where we are today as "the good 'ol days" in ten years or less. Do you think corps will just adsorb the loss because of new taxes? If so you probably still believe in the Easter Bunny. They will as always raise the cost of goods IF they stay here and make things in America.
Corporations have moved many manufacturing jobs to China, Mexico and other places. They have moved office and support jobs to India and other places. Why? Because labor is cheap and they don't have to pay for the overburdening restrictions our government places on them. What will happen when they move the rest of their opperations overseas? How many more jobs will be lost?
Massive restrictions to help with cleaner air, water and renewable resources are all good. But they are good if everyone on planet earth played by the same rules; and we don't. While our lawmakers make more restrictive laws in this area, little is done anywhere else on the planet. One of the biggest examples is: (spell it out everyone) C-H-I-N-A. They are polluting the air with no regard. We all breathe the same air. The atmosphere doesn't care where pollution came from, it is simply the atmosphere as a result of everything going on in the world.
CA is a prime example of democratic controlled rule. They go to great lengths to be the first, the most innovated, always wanting every other state to follow their lead. In this decade, the state has lost over 1/3 of it's business base. The state has one of the highest unemployment rates in the nation as a result. Simple math: less business, less opportunity to work. They can't pay their bills with what they take in, so they borrow from the feds. They are cutting public jobs to make ends meet. Problem is, public jobs are union jobs, so, the first one in is the last to leave. So the people earning the most are still there, so they have to cut far more jobs to get to where they want/need to be. Ca Universities are strapped because of cuts, so they raise the tuition (twice this year for an increase over 21%). At the same time the new president of San Diego State U takes the job at a $400,000 annual salary! An increase over the former president who had been there for years. Then they decide to make Amazon charge taxes to CA residents even though they don't operate a brick and mortar structure here. So, what does Amazon do? They prohibit people from CA to sell through them. The result? More people out of work and/or taking a loss in income. Our government and it's citizens need to realize that there will be consequences to their greedy ill-thought out, well intentioned-ill-conceived laws and we will be the ones who suffer.
Ap, you just proved my point in fine fashion. I'm afraid that is the problem. The jobless have gotten out of your way !! I did not declare death on the country that I served militarily. I have no clue about this country?? That's absurd and typical partisan attack rhetoric. How is recognizing the TRUE ramifications from a depleted dollar, millions jobless and the need to bolster American production and export even close to name calling?? I resent your words and would venture to guess that you are the clueless one. Have a nice day "all knowing one" that you are.
The big spenders and the mega companies are in the Bagger/Repub tent why don't they convene a meeting as ask them why they have all pulled their manufacturing and job overseas? Oh they will say unions is the cause but and baggers can promise them free access to American workers without the dreaded unions and they still won't do it. They can even promise to deregulate what ever industry their a part of and allow them to pollute and kill workers with impunity and they still won't come home. Heck they could even allow them discriminate in hiring and pay the same pea nut wages they do overseas and that won't bring the businesses home either. The fact of the matter is these companies have grown accustomed to exploiting the workers and governments of these developing countries so much until it would hurt their bottom line to set up in a country such America that is unless they can find a political party willing to turn back the clock on the the 20th century. And by George I think they may have found that ilk in the Bagger/Rebubs.
Found this in the morning paper...the Orlando Sentinel..on page A20....written in 1984 by Charley Reese...goes like this
"why do we have deficits? Don't you all see , this is a con job played on the people of this country. If we are fighting wars anywhere..it is because they want it. If the budget is in the red.., its because congress wants it that way. If the tax code is unfair..it is because the congress wants it that way. If both the democrates and the republicans were against deficits..then why do we have deficits? "
..Now, consider just who benefits from al the cuts that both parties are now after, reguardless of what they claim....the middle class..no! Those on social security, on medicaid or medicare ? Only congress and its wealthy friends. HAve either party done anything that would create jobs? Have they done anything that would bring manufactureing back to the USA? Consider...the debt we have today would almost go away if...we put back to work the over 2 millions put out of work by our politicans...with their trade deals that were claimed to bring jobs to the USA..well....where are they. ? Not a single politican from either party talks about this..not one. The real reason all income to the treasury is low is because of the huge loss of jobs..that now, no one, including politicans focus's on.
Inthemiddle, that was very well put and on the money(pardon the pun). If we don't pay more attention to domestic policy and find a way to bolster our economy through new jobs and export, we are in grave danger of maintaining our society. It is a simple plan, but pork and special interest groups make it near immpossible at times.
My only suggesting is if you "Throw all the bums out" please vet the replacements for some level of intelligence and reason and for goodness sake if they sign a pledge run like the wind!
MSNBC: It would require an initial round of $1 trillion in deficit reduction, mostly or entirely coming from spending cuts, followed by work by a special congressional committee to recommend even deeper deficit reduction which would be achieved, said Plouffe, through "entitlement reform and tax reform."
He said the committee would be mandated to recommend specific spending cuts, but it "is not going to be charged with just doing spending cuts only. The committee is going to be charged looking at our entire deficit reduction problem and look at things like tax reform and revenue."
Future cuts in entitlements? It was not clear from his remarks by how much the three major entitlement programs, Social Security, Medicaid, and Medicare, might be reduced.
That new congressional committee would be under the pressure of what Plouffe called "an enforcement mechanism"— "you want something to compel this committee to act.
So the president bent us all over the barrel again.
Massive cuts to social spending that will drastically effect health and safety of millions of poor and middle class americans but no tax increases on the wealthy and not even a promise to make corporations pay taxes (60% of them don't).
Progressives are even more stupid than the Tea Party people.
No matter how much Obama and the Democrats stab them in the back they ignore it and blame the Republicans (who are corrupt puppets of Wall Street and big business just like the Democrats).
At least you can say that the Tea Party people demand that their politicians don't kick them in the teeth as soon as they are elected and do roughly what they want.
Progressives don't even do that.
Progressives just care that their candidates have a university degree, appear sophisticated and speak in complete sentences.
It's called Identity Politics, a modern, western form of tribalism. People vote for candidates they perceive as belonging to their own demographic or group (tribe).
That @!$%# Bill Marr is a good example.
Even though Obama flipped off progressives as soon as he got into office and went Right wing (sometimes further Right than the Republicans) when asked by Piers Morgan what he thought of the President, Marr, supposedly a Progressive, replied something like: "Well you gotta love him. I mean he's speaks well and has an educated background....etc, etc."
The real left is not allowed on TV, not even on Satellite/Pay Per View or the corporate media generally.
The only thing you get are fake progressives like Marr and centerist, or more commonly, center Right people who are designated "Left" by the media.
They are to the Left of the extreme right wingers who's ideas are now considered "mainstream" in the media so they are designated as being the "Left".
From all the posts I've read, it seems many of you have forgotten two very important details: 1) President Clinton came in on the heels of George Bush Sr. trying to clean up his crap, 2) President Obama on the heels of his son. Is it just me or is anyone noticing a trend here? Republicans get in office, screw things up, and Democrats (the visionaries many of them seem to be) make these unrealistic promises, no matter how good their intentions, which when they cannot deliver on, understandably upsets the public, setting the path for the next Republican candidate becoming scapegoats along the way; a very vicious cycle.
For all of you history buffs, if you thoroughly read the US Constitution written by our great forefathers, you will come to realize it was written to ensure a minority of the population experience true wealth, part of it some wealth, about a 40-50% middle class (worker bees), and a small minority would need the welfare systems, etc. One thing I'm sure they did not consider is that it was only them writing the constitution, that the US government would eventually grow to become a machine dominated by many who value money above anything else. Couple that with no strong encouragement (i.e. continuous, specific monetary ramifications for committing legal tax evasion), the machine has gotten out of control (Frankenstein if I may). The end results, a huge increase of outsourcing (which has been going on for many many years), and fewer and fewer bee hives for the workers to work out of, no wonder why our economy has gone to hell and is getting worse each day. Yet, these same money hungy scoundrels want to make me feel guilty for wanting to cash in on the social security, etc. that is taken out of, and has been taken out of my paycheck for many, many years. I can't imagine many people would make their mortgage payment for 30 years on time month after month, to find out that after the 360 months of doing so, they didn't own their house, then take the news with a smile and a "thank you, no problem".
The fact of the matter is the tea party wants to ensure the rich get richer, and could care less about the poor, something that shouldn't be surprising, given the fact that one thing they have beenpretty upfront about is the fact that they love their money. Not an attack on them because I feel all of governmental parties have faults, just something to chuckle about and embrace as a citizen of the great United States of America.
You do realize that the Tea Party didn't exist during the Bush years, right? No, probably not.
Which means you also don't realize that the Tea Party was born as a movement against the extreme spending by Demnocrats under Obama's watch.
Gagagirl,
Would you like to explain why the spending has increased by 25% over the past two years?
Would you care to explain why the debt has grown as much under Obama in two and half years as it did under Bush in eight years?
And how this could possibly happen with the fiscally responsible Demnocrats in charge? Couldn't be a $900B porkulus plan that was supposed to keep unemployment under 8% as a starting point could it?
So yes, it is time to throw the Obummer out. It's been his policies as dicated by Pelosi and Reid that have gotten us where we are. And it has been man child attitude that have kept the debt talks going as long as they have.
Montom,
You should really read the 14th amendment to the constitution. I have and unless I have an abridged version there is nothing in it that would suggest the president has the power to do anything in this situation. The only people with the ability to spend money on behalf of this country are elected to congress. Unfortunately the man child Obama holds Reid's leash and that has prevented the Senate from doing anything useful so far. Quotation of the appropriate section below -
"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article."
You are right, Obama can not use the 14th ammendment to borrow money for any new expenses; he can however borrow money to pay off any debts that congress has already authorized. So he has a means to keep the government going, pay authorized debts, and payout medicare and social security claims. This essentially will force him to work almost within a balanced budget scenario. He would not be able to borrow for any new items - no more discretionary spending on his part as well. Unfortunately for the President, he has not gotten a budget through congress in 3 years so who knows where all of the debt that he's run up in that time falls.
In collaboration with the other corporate backed party, The Republicans, the current Sociopath In Chief, the right-wing Barrack Obama (and the leadership of the Democratic Party), is about to administer a knife in the back of the U.S. public (excluding the Rich of course) that will live in infamy with, and may eclipse, Bill "I feel your pain" Clinton's ramming through and signing of NAFTA and the Financial Modernization Act that liberated the criminals on Wall Street to swindle the economy off of a cliff in 2008.
And this with the indispensable assistance of the corporate media (take a bow!) including Democrat Party shills, Rachel Maddow and Ed Schultz.
As far as I can see it, it is ALL a HOAM (h3ll of a mess). How can we get ahead if all they do is CUT programs-- those that help the aged, infirm, young, students-- and leave the rich byches alone? They make money off of us middle class (peons?) but that is all they care about us.
John Bonehead and his Pee-party sociopaths are doing a very good job in gutting this country.
I hope to God that they can come to a solution that will make everybody happy-- and the way it is going the only ones who will be happy are the rich byches.
DW::: You are half right. President Obama is a black man (tho of mixed ethnicity) and he is a Democrat. Now George Bush and Shrub (that is a little bush) hit the YES button and raised the debt ceiling without asking. RReagan did it too. No one cared-- after all, they were WASPs and Republicans to boot.
If those WASPs could do it, why can't President Obama. But Boener and his Pee-party gestapo people have to throw a monkey wrench into it-- after all, their aim from day one has been to ruin Obama and make him a one-term president.
Sure, they ran on JOBS-- but they didn't mention that they were for ELIMINATING jobs and increasing unemployment. And they didn't mention that they were for KILLING GRANDMA.
I saw the Nuremberg Rally about 60 years ago and I saw Boehner as he gave his [ lets say speach] before the vote was taken, The resemblance was remarkable or identical. The only difference I saw was that 60 years ago it was Adolph Hitlor who gave the speach, screaming, yelling like a madman and the Nazi Party was the ones yelling and screaming cheering him on , the other was John Boehner ranting and raving like a mad insane man and those yelling, screaming and cheering him on was members of the US Congress who happen to be Republicans and members of the T. Party, The vote was supposed to take place after all this but Boehner had to delay it for hours while he threatened, bribed and intimadated others of his party to get them to vote YES, but not without adding more to the orriginal proposal...How Nazi like of him...I suppose now we can expect Concentration camps and Gas chambers will be added in order to take care of the Old, handicapped, Poor and Middle class as they become unable to slave for the Wealthy so they will have plenty to contribute to their Political Agenda, while the rest of us pay back to our selves the 3 and one half Trillion dollars that they have taken from our Social Security Fund. Not to mention the intrest, that they have never ever even mentioned paying back. The list goes on and yet there are those who swear by their life for these people , untill it hits them and they7 feel the bite,, Then you willl surly hear the moaning , yelling and shouts for a change to prevent the same thing from happening to them that has been happening to us for years and years and our crys went un heard as they do today. And they ARE NOT DONE YET, nOT AS LONG AS WE HAVE bIGOTS, rACIESTS, TRATORS, DICTATORS AND THEIR LIKES, IN OUR cONGRESS. Democracy, Freedom, EQuality, Justice for All, Etc. Etc. Etc. are things of the past or at the very least, disappearing at a very fast rate...........
Most Americas share the blame for the lose of jobs. Every time people buy foreign made to save themselves some money jobs are lost. American demanded cheaper supply and as a result supply comes from places where living wage doesn't have to be payed.
I think it is time we realized that we are moving towards two separate and distinct societies. One will be the haves and the other will be the have nots and a few who still "don't have" but associate themselves with the haves because there are too many pesky minorities and other undesirables in the have not group and they get to throw hissey fits and change laws to define who and what America really is. Everyone will fall in one of these two groups even if you think you don't think you do. Most minorities know where they stand but it is some of us middle and upper middle class folks who have are not sure which group we are a part of but rest assured you will get notifications soon.
You know Rome fell from within too!! I like your perspective on the divided middle class!! They will gobble up each other; as the wealthy looks on as spectators!!
Boehner stuck his neck out a mile but the little tea party hobbits are determined to torpedo our country so it will take the other side of the aisle to get something reasonable done. Have a cigarette and chill John Boehner.
In what way exactly are the tea party hobbits going to torpedo our country? How about we have Reid and company raise the debt limit to $10T? That would be goood for our country.. Do you really think that a balanced budget amendment is torpedoing our country??? Don't let the sheeple vote.. just dictate to them from Washington. $1T of Reid's "plan" is accomplished by "winding down" the wars in Afghanistan and Iraq over the next 10 years.. how much exactly will Reid's plan cut this year? Anyone of you liberal folks out there know? Anyone care?
Thanks for pointing out Reid's plan photoguy! What is the objection to Reid's plan? It has cuts, no tax increases, and keeps us from having to go through this again in 6 months..
Republicans in Congress, not wanting to appear to defend the rich, have attempted to block any deal that includes higher taxes on the grounds that tax hikes are “job-killing.” But experience shows that in a period of slack demand like the present, tax hikes are no more job-killing than spending cuts, and probably less so. Cutting spending — say, by firing federal employees or canceling procurement — removes demand from the economy dollar-for-dollar. A dollar tax hike, on the other hand, especially one aimed at upper incomes, cuts demand by less than a dollar. Those who pay the tax cover part of it from their savings and only part by reducing their spending. If lawmakers insist on using the phrase “job-killing,” Roberton Williams, a senior fellow at the Brookings Institution-Urban Institute Tax Policy Center, wrote in a recent blog post, “they should apply it equally to both tax increases and spending cuts.”
Which is why we NEED BOTH "Spending Cuts" & "Revenue Increases" to offset the damage either of them would do seperately; especially with the report of only 1.3% or 0.3 growth in the economy.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992.
The real travesty, though, is corporate taxes. They've sunk to only 9% of all federal revenues, even as American corporations have recorded their highest profits in history.
Fix it, and then we'll talk about how much we need to take from the bottom 50%
Thanks for correcting me, I was not aware of that. The inflection is still the same though, it came from a Republican source (WSJ is owned by Murdoch).
Federal revenues could be raised and more jobs brought back stateside if some of the loopholes were closed. The whole tax code is riddled with loopholes and shelters. For instance, the foreign tax credit for corps should be lowered or done away with. Maybe that would encourage more stateside manufacturing.
Then again, maybe recind the Bush tax cuts. The EIC credits of the poor would be reduced and bingo! More tax revenues.
I don't like the idea of this "commission" as it were to figure out spending cuts later. Another new form of government? Why? Because tea bagging republicans are soooooooooooooo absolutely dysfunctional we cannot rely on the current checks and balances as they are? Rather pathetic indeed. In fact why isn't this a clean bill NO riders? Then have a budget bill later?
Its also funny I mean hilarious that tea bagging republicans act as though it is the democrats alone who over spend and cant do anything right. When quite clearly it is the right who have PROVEN they cant do anything right. Including swearing themselves in ; ]
Why does anyone call them "Bush Tax Cuts?" They are now "Obama Tax Cuts." This whole housing crisis was created during the Clinton years mandating banks give home loans to unqualified buyers without a down payment. A lot of those people took out second and third mortgages, bought new cars, went on vacations, and then gave the houses back to the bank. People and government has to be fiscally responsible. You can't keep overspending and you can't keep over regulating jobs out of the economy.
and the 8 years of Bush spending (two wars and unprecedented budget spends) were what in your book, irrelevant? Those who REWRITE history are doomed to repeat it.
NO they are not Obamas tax cuts. They are the Bush tax cuts extended by Obama by this congress. You don't get to change the names of bills that have no change to them. Simple. Are you unable to understand such a thing? Hmm.
The fact you try to blame Clinton for the housing debacle is laughable so I had to respond. People such as your self if I may call you that are absolute in there idealism and simplistic view of the world. From politics to money. I suppose you missed the whole Bush W. Push to make sure EVERY American owns there own home and gets the American dream. You sure have selective memory son.
There! I threw my juice on it because in 2011 you have people such as the boy I just adressed. Unable to come to terms with facts or bipartisanship and really the truth. Instead they seem to see facts and the truth as equal to perception. Using facts to fit and scew there ideals and politics. There is NO understanding them nor is there reason to there rhyme.
They are simply to ignorant of the world and whats going on around them to think openly and for themselves. In there eyes the other side is always wrong no matter what. Like a D.A.a after wrongly convicting someone and finding out they were innocent they will NEVER apologize ever. Like what the tea bagging republicans are doing to the economy. It just hardens there hearts and makes them dig in there heels as though they are being attacked. And imitate gangster movies. BUT the truth hurts. The truth hurts and that is all you need to hurt people.
While this may be a $4 Trillion deficit reduction, the reductions are ONLY 22% of the deficits that are being projected, there's ANOTHER $17 TRILLION in deficits that will be rung up over the 10 years ($31 TRILLION total in 10 years) if serious cuts in budget, personnel, and programs aren't begun.
Are you aware of how many companies lost money in 2010? Are you aware this was a year of RECESSION?
Certainly there were some winners, and Obama and the Democrats continue to shield companies like GE from paying their taxes, but that aside, revenues are down BECAUSE COMPANY REVENUES AND PROFITS ARE DOWN in many areas of the nation.
Again - yes, some companies are doing well. Many are not - those that may have paid corporate taxes in 2009, 8, or 1996 may have made no net taxable profit in 2010, because of the recession.
So let's stop posting 3rd grade logic, ok?
As for corporate taxes, it is a ridiculous idea - every dollar transferred from corporate profits is a dollar wasted on bureaucrats.
Gosh, mowdy5gs, thanks for making sure we know how to think. I love how open- minded you are when people disagree with you, or have their own opinion. Instead of arguing any points, you simply name call. You seem to think it is okay to call the "Tea party representatives" Tea-baggers, which of course is a derogatory sexual term. Using it totally cheapens your arguement. Since you love analogies, replace tea baggers with liberal homosexual (but use a different term) elite. (My conservative open-mindedness keeps me from even uttering the phrase.)
Chris Dodd and Barney Frank are both responsible for the housing debacle. The fair housing act was started under Jimmy Carter. The Fair Housing Act, required banks to lend money to people who were high risk. The government guarenteed that they would buy the loans from the banks if the people defaulted. Well guess what? They defaulted. The 50% of working Americans that actually pay taxes, got to pay the banks back for the "less fortunate" who deserved to own their own home, it just wasn't fair that banks wouldn't lend them money.
As for selective memories, In 2003 Bush II tried to reign in control of Fannie and Freddie but the democrats would have none of it.
The cold hard truth.
We conservatives will be waiting for your apology mowdy5gs.
Paul F, please let's do stop posting 3rd grade logic. In fact, why don't you stop posting at all until you have read a book, a newspaper or magazine or anything that will prevent you from revising history. There have been very very few corporate loosers in the past two years. Remember this word "Google", and try to get yourself a few facts.
Baseballmom, can I have a bag of what you're smoking? Sexual?? Please lady, grow up. Nothing sexual about it. Go to your grocery, look in the coffee and tea isle, there they are in boxed TEA BAGS. The same ones those little old ladies at your rallies hang from their hats. Sexual. Please. Some just need a life. For the record the fair housing act asked them to lower standards, not lend money to people without having checked to see if they were employed or had any sort of income. The housing bubble existed because banks and bond houses got greedy and played people, no other reason.
(sic)...and the 8 years of Bush spending (two wars and unprecedented budget spends) were what in your book, irrelevant? Those who REWRITE history are doomed to repeat it."
Um, 'scuse me but it is true that the Bush administration (shudder) spent a total in eight years of less than the Obama administration (shudder) has spent in three years. While six wars are going on now in which we are involved?
"Um, 'scuse me but it is true that the Bush administration (shudder) spent a total in eight years of less than the Obama administration (shudder) has spent in three years."
It is also true that two wars, unfunded Medicare Part D were not included in the Bush official spending, but are included in Obama's spending. Not to mention that TARP spending, included in Obama's 2009 spending figures, were passed by Bush.
Misses om3 please huh. Tea bagger is a name you gave yourself IF you are one. If not they gave them to themselves. However you are a conservative. And Mr. Bush de regulated Freddie and Fanni under his republican controlled house. Everyone SHOULD own there own home. BUT his deregulation allowed arms balloon payments multiple home loans without sufficient income etc. Shall I continue with examples?
Now most Americans homes are not owned by them but the banks and insurance companies. Furthermore the banks Mr. Bush de regulated did NOT lock people in after the debacle did they? They could have kept people in their homes if they would have just moved a decimal and a few numbers around and locked it in at a fix rate. NOPE! They foreclosed on them all and even a lot of people that had not defaulted. In fact big banks were scheming on ways to cook there books by over extending there own cash and assetts as liquididty as on hand accounting and by selling what they knew were toxic loans to keep themselves afloat long enough to weather the storm. But they didn't weather anything. In fact the deregulation of the oversight committees to watch such malfeasance and malpractice is why these arms and balloon payments were allowed to be pushed upon those who knew they couldn't pay for them. Not actually OWNING the deed to a home while claiming in your books you DO own the home is illegal.Most people in this country because our education has been cut threw with a buzz saw did not understand the math involved.
I'm lucky. I do. And I did NOT get caught in any of that crap. But I am an exception and without regulation you have what happened. I wrote extensively on this topic back before the economy crashed telling people the economy would crumble. I told people that there was no actual backing of the loans and that the banks would come back with a vengeance when people couldn't pay up. MY readers know this.
And it was NOT Clinton or carter it was Bush. Remember Dodd Frank AND Bernakke and Bush were all involved. Bush DID NOT warn the American people before hand and he knew before hand. So did the afore mentioned players. Bush could have went to the companies in question and told them he would expose them or go to the people if they did not do something. But he didn't do that either. In fact he let the American people drowned without one word.
Why you may say mowdy5000. Ill tell you. Because he was and is a corporate shill. [look at no compete contracts they used everywhere] See what you don't know is I belong to NO party. I have voted dem and repub many times over the years as they USED to both be reasonable. But not anymore.
Because Clinton left this country with a surplus. Bush had NOTHING to complain about. WE DO. Because Bush wrecked the country through deregulation de funding two unpaid wars prescription drug plan un paid tax cuts through the downfall the FIRST stimulus against the will of the people and straight up incompetence. Because I give him the benefit of the doubt I SAY incompetence. Because if he WASN'T incompetent it was willful.
Now the right [you included by omission] have done to this country worse. Why? By stopping the little progress we have made since. Housing debacle you say? You better know what you are talking about before you open your mouth. I lived through it and warned people. What did YOU do? ; ]
There! I threw my juice on it in 2011 because of people like YOU. Who wish to misrepresent everything period. Apologize? You should apologize first to yourself for deceiving yourself and for being deceived and THEN ME. Because your wild outlandish allegations are a weak cup. And I like my coffee black. ;]
It wouldn't be if they passed it. What other piece of legislation is out there to vote on? They and the President has said no before they even got the bill. Who is wasting time here.
I always thought that the way it worked was that the House brought up a bill, the Senate brought up their own version and then the two were assigned to reconciliation. I guess that only works when both houses are controlled by Democrats.. Gee, who knew.
according to the Constitution, only the house can bring/start bills concerning funding/spending, neither the senate or the pres can originate a bill on spending,, they can only accept as is, turn down completely, or then put forth a different/compromise bill bk to the house. there are rules that must be followed.
dnb, I doubt your civics lesson was heard any more than when some of these people were in school. It doesn't fit with their rhetoric and preconceived ideas.
It's hard to reason, debate, or compromise with people who have no grasp on reality and continue to spew talking points, which are blatantly false. For example, these people want to blame President Obama for our large deficit. What they forget is that President Obama actually put two unfunded wars and an unfunded medicare plan on the books in addition to having to spend money to try and stablize our economy. If anything, many of the economists I have heard speak on the matter think that he did not spend enough to get us out of the downward spiral we were in. This whole fiasco is about blatant hatred for this president, which has made some people completely oblivious to doing what is best for this country. The fact that they have made this debt ceiling debate into a crisis speaks for itself. I'm glad President Obama is standing up to these teaparty terrorists and saying no in spite of their attempt to hold the American economy hostage.
jcook140 - I always thought that the way it worked was that the House brought up a bill, the Senate brought up their own version and then the two were assigned to reconciliation. I guess that only works when both houses are controlled by Democrats.. Gee, who knew.
Your post is a sad commentary on how ignorant so many Americans are on how their own government works.
You do realize this is part of that same Constitution that your Tea Party claims to respect so much, right? Even though they've never actually read it?
Article One of the United States Constitution describes the powers of Congress, the legislative branch of the federal government. The Article establishes the powers of and limitations on the Congress, consisting of a House of Representatives composed of Representatives, with each state gaining or losing representation in proportion to its population, and a Senate, composed of two Senators from each state. The article details the manner of election and qualifications of members of each House. It outlines legislative procedure and enumerates the powers vested in the legislative branch. Finally, it establishes limits on the powers of both Congress and the states.
Section Seven deals with legislative procedure, providing that all bills for revenue must originate in the House of Representative. The section also introduces the veto power of the President of the United States, and describes its powers and limitations.
Yeah right. A waste of taxpayer money to not throw the poor, children, elderly, and middle class under the bus to protect the rich guy. I say, thank God we have a senate and a president who still look out for the average American.
2 bills have orignated in the House, were debated approved and sent to the Senate.
Where the cowardly Democratic leadership would not even let them be debated before voting them down. There was no attempt at a reconciliation between what the Senate wanted and the House bill. Nothing but a big fat "NO" from the party of no compromise- the Democrats
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
I must assume that you mean "robbing" the other party! The "people" are usually up to the challenge of taking care of themselves and that is also why we have charity . What right do you or even me have in taking by force (that is the only avenue government has to legally plunder) what belongs to someone else?
History teacher, so how would we pay for the military if we did not "take by force" something that belongs to someone else? Maybe we could run the military on donations? I think that most of us know that in order to live in a country such as ours, there are certain things that we all have to pay for.. We may disagree on what those things are, but most of us agree that we don't want to live in a country with no functioning government like Somalia....But I guess at least there no one is "forcibly taking" money to pay for government...
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let's put the 2011 federal budget into perspective:
U.S. income: $2,170,000,000,000
Federal budget: $3,820,000,000,000
New debt: $ 1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $ 38,500,000,000 (about 1 percent of the budget)
IF you continue to repeatly post the same thing, in the same blog it IS a violation of the Vine. So stop it, at least not on the same page, go further with other comment when appropriate. Right/Left & inbetween all get the point
Bobbyg, Excellant post but sadly Obama supporters don't do math. Like Obama they just look for more money to spend. The difference being they simply don't care where the money comes from because it's always been found for them by Community Organizers. A lot of them are the ones walking away from a house they should never have gotten a mortage for after having lived in a house for up to 3 years for free on our dime (make that dollar) since this caused the crash.
There was NO budget passed in 2010. Extensions of the status quo were made by congress.
Wouldn't you say Washington is not doing their job(s).
Then what the @!$%# was this? Remember? The GOP held UNEMPLOYEMENT EXTENTIONS hostage? It is a pattern of the @!$%#ing GOP in the Washington and I for one am sick of them.
The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise,[1] is a spending request by PresidentBarack Obama to fund government operations for October 2009–September 2010. Figures shown in the spending request do not reflect the actual appropriations for Fiscal Year 2010, which must be authorized by Congress.
The subsequent 2010 Financial Report of the United States Government, reporting on the implementation of the 2010 non-Congressionally approved Budget, shows a net operating cost of $2,080 billion, although since this includes accounting provisions (estimates of future liabilities), the cash rather than accruals deficit is $1,294 billion.[2] According to the Government Accountability Office, the 'accrual deficit provides more information on the longer-term implications of the government's annual operations'.[3] Gross costs rose 20% from $3,736 billion in 2009 to $4,472 billion ($3,552 billion budgeted[4]), while total taxes and other revenues rose 1% from $2,198 billion to $2,217 billion.[5] The Government Accountability Office was unable to provide an audit opinion on the 2010 financial statements due to 'widespread material internal control weaknesses, significant uncertainties, and other limitations', although it noted that significant progress had been made.[6] The GAO cited as the principal obstacle to its provision of an audit opinion 'serious financial management problems at the Department of Defense that made its financial statements unauditable'.[6] The GAO identified during its audit work an estimated $125.4 billion of 'improper payments'.[6] Thirteen of the twenty-four Government Agency Heads either qualified or withheld their assurance statements.[7]
About time - 60% of American corporations pay NO tax.
While they've amassed $1.9 TRILLION in cash, we've been working to provide them with FREE roads, FREE schools, FREE firefighters, FREE police, FREE military protection, FREE everything (since they don't pay ANY taxes). And to add insult to injury, we're contributing our hard-earned tax money to give them a lot of them a TAX REFUND:
ExxonMobil, despite recording more than $15 billion in income taxes, paid none of its 2009 income taxes in the U.S.
What the financial statement says is that ExxonMobil, in 2009, after a handful of deferrals, recorded a total U.S. income tax benefit (i.e., a refund) of $46 million. Next to this, it shows total non-U.S. income taxes of $15.165 billion.
Too bad so many have already been hurt. And the tea bagging republican know this. Hence there movie the Town inspirational video. In fact 4000 TSA jobs besides the markets. Hows your 401k today? Options? Bonds? Stocks mutual funds?
It is nothing but a game of hate to the tea bagging republican minority. This should never had been made on a debt ceiling bill. They have the house so could have brought up a budget bill ANY time they wish. Voted on it ANY time they so wish. But instead did what? Exactly. To get at President Obama.
Just listen . Listen to what you may say mowdy5000? I shall tell you. What they say and how they say it. Not only did tea bagging republicans LIE to get elected by promising there MANDATE was job creation even thought they hate big government. And NOW say that there mandate WAS to make government smaller means they LIED when they promised in all of there campaign adds and on t.v. that they would create jobs Obama couldnt. After they "hell no'd" the heck out of infrastructure repair using stimulus money for the entire country [my idea thank you]
They always say Obama this Obama that yet our government and country is bigger then Obama. Buytt they see our government as him and him alone. Just as the only jobs the government can create our government jobs the hate and vitriol is ALWAYS towards a person. That person is Obama. Just listen to them just as McConnel stated his and his party's only goal is to make sure Obama is a one term president. ; ] That explains there actions quite well. Obam Obama Obama. Ask yourself why that is? Hmmm
Obama Obama Obama. And by the way, for those of you keeping track. Obama. ;] ]
If anything, many of the economists I have heard speak on the matter think that he did not spend enough to get us out of the downward spiral we were in...
Ha! And they were all on MSNBC weren't they?
Just "spending money" doesn't create a healthy economy. If you are starting a business and need office supplies, you don't spend your capital on candy, do you?? Barry never intended to "stimulate" the economy, he was merely securing his donations from the UAW and the teachers' union(s) which is why they received the largest percentage of the slush. 10% (the largest single percentage) was appropriated for those two organizations.
Search "Cloward & Piven" and see how eerily similar their plan is to what your beloved Campaigner in Chief is doing to our country.
In reviewing Obama's 2012 Budget projections, this is what he shows for the next 10 years (2012 – 2021) with regard to the Social Security and Medicare programs;
Social Security;
Total Social Security Revenues = $8.937 Trillion.
Total Social Security Expenditures = $9.932 Trillion.
Total 10 year Deficit for Social Security = $995 Billion.
Medicare;
Total Medicare Revenues = $2.730 Trillion.
Total Medicare Expenditures = $6.133 Trillion.
Total 10 year Deficit for Medicare = $3.403 Trillion.
It should be noted that these programs currently have 'surplus' (a) Trust Funds held by the government in an amount exceeding $3 Trillion, so it would be quite some time before those Trust Fund balances would be exhausted, but the trend is obvious, and so there must be something done to restore them to a sound fiscal basis, either through benefit changes or payroll tax increases, or a combination of both.
(a) – The 'Trust Fund' balances are not actual cash balances, but are IOUs from the Federal Government and the money that should be in the accounts was spent and must be repaid through increased taxes on future taxpayers. The reader must determine for themselves whether that was appropriate.
This information is being provided so the readers will at least have some basic knowledge of the current status of these programs, which seems to be sadly lacking from media reporting.
Obama stabbed us all in the back as bad or worse than Bill Clinton did when he rammed through and signed NAFTA and financial deregulation back in the 1990's.
The only thing Obama was concerned with was that the stabbing be perceived by the public as bipartisan so the Democrats alone won't be blamed and he can be reelected.
You can bet his shills like Rachel Maddow and Ed Schultz will be saying he was forced by the E-veel Republicans to do it. The Republicans are "evil" but so are the Democrats.
Obama and the Republicans are a great con artist team. The carefully orchestrated "crisises" like this one and the one in Dec. of 2010 that resulted in the renewal of the tax cuts for the rich will keep coming because, so far, they have worked so well (with the help of the corporate media)
The Republicans got 80% of what they wanted even though they only control one house of congress and most of the american people are against cuts to federal spending in particular SS and Medicare that the "deal" includes.
Most americans want the government to focus on job creation but the government is made up of people who were elected with cash from big business interests who don't care about the high unemployment and even find it useful to extract more concessions from their employees.
The $1 trillion in cuts to federal spending that are part of Obama's betrayal of the american people will hurt the economy, destroy more jobs and probably push us into a second recession but Wall Street wanted it so they did it anyway.
Obama took $93 million from Wall Street in the last election, the most of any candidate, and he needs even more this time because he knows he has kicked his base in the teeth so many times they won't turn out to help him in 2012 like they did in 2008.
It will take the brute force of hundreds of millions or even a billion or so dollars to give him a chance of getting reelected.
Sad joke on the American public. Cut 100 billion for 10 years. Bring back the jobs from overseas. Create incentives for businesses to create good jobs. Put back tariffs. Stop favorite trade status. AMERICANS FIRST!
I have seen where adminstrations have awarded prizes for new technology. Lets award tax breaks for businesses that bring back businesses to the U.S. and prizes to them!
You all know that all toys are made overseas. Well almost all. This one man in Montclair, New Jersey has a small business and he makes very simple toys. A cowboy outfit, with a gun, leather belt, holster and a rope and something else. All very simple things to make and then he heat shrinks a plastic around it and he has more orders than he can fill. He uses mentally retarded and downs syndrome employees and pays them the minimum wage, feeds them lunch and bought a bus to pick them up and drive them home. And it works! He makes money and the workers make money and feel usefull. Now why can't we expand on that idea and make bigger and better factories and take back the jobs the ËXPERTS gave away and make millions more better paying jobs in the U.S.
Fact the Australian dollar has APPRECIATED 100% against the American dollar in the last 7-8 years and their minimum wage is $15 U.S. and their unemployment figure is 4.6%.
Now how much are congressional and presidential salaries going to be cut and benefits? They got us into this mess. They have to also be hurt getting us out of this mess!
Look at the export/import trade figures. The U.S. imports twice as much as it exports. Germany imports and exports almost the same amount. Australia imports/exports almost the same. Now what does that all mean? Either bring the jobs back or stop spending on imports. All these free trade deals are NOT WORKING!
And all the politicos in Washington are not understanding. GET RID OF THE WHOLE BUNCH INCLUDING OBAMA AND TELL THESE IDIOTS WHO ARE RUNNING FOR THE JOBS THAT WE WANT A DRAMATIC CHANGE.
Another idea occurred to me. We elect these people to affect our daily lives and they know nothing how to govern. They don't know crap about economics, imports, exports, financing absolutely nothing. They spend half their time planning to get reelected. Now THE IDEA IS THIS.....anyone who wants to run for any elected office in the United States has to go to school to learn how the government works and what will be required of them if they get elected. And it has to be a good program and about two years. We are 15 trillion dollars in the hole and noone is standing up to take responsibility! And we keep making the same mistake, year after year, sending uneducated nincompoops who keep making the matter worse! So make the idiots go to school and make them learn. Then they can come back and show their graduation certificate and say I am qualified to file for this election.
Why can Germany with 88 million citizens export the same amount as 312 million Americans? The U.S. economy exports approximately 1 trillion dollars a year. The German economy exports about 1.2 trillion dollars a year. We have 3.5 as many citizens so we should export 3.5 times what Germany exports or about 4.2 trillion dollars a year. Why are we not? What does the federal government have to do to help the businesses increase exports, make more and better jobs and revive our economy to again be the best in the world?
I totally agree that the government, local and federal, should entice our companies to bring jobs back to the US. Besides tax breaks what is there to offer them?
In my area, and maybe many others, there are tax breaks for companies to erect NEW buildings next to derelict factories and empty stores. These companies get to create jobs for the construction workers which is nice, but since these new companies pay little or no taxes for so long, 10 years in some cases, the burden is passed along to the taxpayers. By the time the deadline on the tax break looms the businesses have already gone under or close up shop, probably due to poor sales because no one can afford to shop or use their services. Now we are left with more unemployed citizens and another empty building.
I feel that another thing that is hurting everyone and reducing jobs is the advancement in technology. It's great and fun for a lot of things but with the increasing automated options our jobs are disappearing. Every time you call your bank and use the automated system or visit the ATM that is a little bit of work that is being taken away from an actual person. (maybe that won't matter much to the US employees since so many of our call centers are being moved to Costa Rica and India) It may not seem like a big deal when you get $20 out of the ATM, but multiply that times all the bank accounts in our country and it adds up big time! There are even bank accounts that charge you extra to go into the branch and use a teller. WTF? Supermarket self check out lanes? Same thing.
It's happens in my company all the time. I am fortunate to know well ahead of time that next year my company site will be closing due totally to advancement in technology. (This coming on the heels of 3 years with out pay raises, elimination of all bonuses and incentives and offensive changes to benefits and health insurance) My company has created the products and services to remove the need for about 90% of the employees in our division alone. (My company has about 30 different divisions, is worldwide and is on the Forbes 500 list, just for an idea) There is another 100 people with out a job, just in my town. The rest of the division, spread out over the country, will go down with us. Our clients will get reduced pricing but the company will gain more money when they do not have to pay us. Win-Win for them. When we are out of work we will collect unemployment benefits, further stressing the deficit.
All these companies that send work overseas and to robots are eliminating their own revenue in a way. My paycheck now goes to mortgage, property taxes, car payment, insurance, electric and cable (soon to be cancelled). What ever is left over goes to food, pet care and house & auto repairs. I no longer go to the movies, out to dinner, shop for clothes or buy music and video games.
Part of what's driving these types of advancement is the need to do everything NOW. We are becoming very impatient as time marches on. Maybe when all the CEO's, presidents, entertainers and the rest of the millionaires/billionaires have all the money and the rest of us have none, they won't have a use for it. They will just have to pass it back and forth to each other. The little people will go back to growing their own food and bartering for our needs. I hope my doctor will accept a chicken as payment on my bill.
80% of tax revenue is paid by top 10% income earners in this country. 50% 0f the lower brackets of working Americans pay NOTHING...I am one of those 50% (I make under $350 gross per week), so yes we need to eliminate some of the "Loopholes", namely the ones that make it that I can't contribute my fair share. We want everyone else to pay except us. We want major cuts in spending unless it hurts "ME"..."cut all entitlement programs but mine." The fact is cuts need to be made across the board, then eliminate un-needed expenditures, from those that nickle and dime us such as NPR and any other 501c3's (they get tax exemption because they provide a service that the Government does not, there fore becomes counter productive when we also give them our tax dolars) get the feds out of education, the "no child left behind" is forcing our educational system to a lower level of mediocrity, return education responsibilities to the State and local school districts. Stop with foreign aid spending sending money to Egypt, Pakistan, PLO, Japan. Korea is bankrupting us. RE- privatize the student loan programs, the new Fed run program makes it impossible to repay and enforcing default, costing us even more of revenue. Contract out our federal Penal system, private companies can more efficiently run Fed prisons, eliminate obamacare, and take the unspent "stimulous money off the table for use. With or wothout an ammendment pass a balanced budget then live by it. And for the sake of the Nation work the code so even I have to pay taxes, all you "do-gooders" out there trying to save my paycheck are actually causing people like me becoming part of the problem rather than Part of the salution, JFK ask me to not ask what my Country can do for me, but ask what I can do for my country", I would pay my fair share if you do-gooders and bureaucrats would get out of my way and stop telling me that my money is no good... a fair tax is sounding better and better all the time...You know I once ran for local office as a Democrat, and I won in 2000, but then I actually did the Math and found out that the Dems can only buy the votes for so long before our Nation is bankrupt. SO TO THE PROGRESSIVES< STOP HELPING ME< GET OUT OF MY WAY SO I CAN PAY MY FAIR SHARE.
Suggest all poor, middle class, unemployed or presently working, retirees, anyone on fixed income, disabled, maimed veterans, sick, children of poverty and most on deaths doorstep take note. Begin at once to horde all lubricating products you can, along with stool softeners and laxatives. These are your only salvation. Specifically all of you, are about to have your dirt roads plowed over and over again until you believe such to be your true lot in life. Republicans want this and the democrats have delivered you. I'm afraid religion cannot effect any relief either. You're on your own. It's life in these United States now. Live with it or die. I really wish it did not have to be, but this kind of thing always happens when you put your trust in those whose express purpose is to exploit and abuse you.
Hope this is NOT like the Health Care Bill that passed.
The American people must know what is in this Proposal before it gets passed by the Senate.
It took a long, long time---there may be some hidden facts we will not know about---it was and is a "Political" Bill---meaning, Bipartisan cohesion; the present President wants another Term with campaigning in between the lines of the Deal..
Let's Go--and get this right--for all peoples of the US---everyone is tired of listening to these cronies bark and not react.
Julio Perez you have a good point...why not...give tax incentives to those businesses who bring back jobs not just create them? The benefits would be positive in many areas of the economy. Penalize businesses who farm out jobs overseas. Your either an American commited to this nation and her future or your not. It's American made or it's imported period.
This debt crisis proves it's time congress was paid comensurate with it's job performance like all Americans are paid. The U.S. House and Senate members are chosen by the American people to be their voice. Statements made by some representatives/candidates show they do not represent the people only an agenda. The American people should decide their representative's compensation based on job performance. A job performance review should be completed annually. Voters should start with wage cuts for a failure to complete tasks in a timely manner. The nation's debt might just realize some benefit from this incentive.
This debt ceiling crisis will influence the next election outcome. People are especially fed-up with the party of "no." Voters will be feeling the impact of the "no," agenda into the next election. America's middle class still is the largest segment of this nation's population. When you've kicked, pushed, and choke someone almost to death they don't forget. Come election 2012 the party of "no," could end up a statistic.
Once again the middle class, elderly, poor, and the disabled were sold out to the wealthy elite. So that they don't have to pay their fair share of taxes without their many exemptions and off shore accounts. It is exactly the same as done last Dec. of 2010 when more tax exemptions were given to the rich. Will Congress ever get it right for the majority of the Constituents and start doing what is right?? Not as long as you have the self-centered greedy Republicans. None of the Republicans seem to understand that you can't have cutbacks without raising the revenue. I guess that is beyond their kindergarten bullying playground comprehension. It's time Congress stops supporting the wealthy and Big Business over the rest of the general public. We need to push MUCH HARDER for FAIR TAX REFORM, throw out all the lobbyists, get Congress's hands along with the hands of others out of the pockets of Congress, and take the control of elections out of Big Businesses hands and place it solely in the hands of the voting constituents. Vote out all Tea Party. The voters need to ignore ALL Public Campaign Ads and express their disappointment with the candidates over the false, derogatory, and thug-like behavior campaign tactics. Then turn off the TV during elections, because the only thing you see is repetitive, false, snarky ads like the Rethuglicans are already doing in FL. Their Tea Party FL Hospitals Medicare Fraud Governor, who is no better, except for taking credit with any positive outcomes that he had no power or no control over the outcome. Stories come out of both side of his mouth at the same time (i.e. While handing out many cutbacks on all levels of educational, he is at the same time standing with a minority young black girl on National TV saying how much he has done for Florida's education. Then the money he saves from the cutbacks goes to the Big Business with more tax exemptions. Or, another example: the general working State Public Employees must give up their previous benefits and double dipping, while the big bosses continue with working with their TRIPPLE DIPPING and allowed to keep all of their benefits. There's an old saying: "What's good for the goose is good for the gander." But the upper echelon doesn't feel that they are part of this Recession, nor do they need to serve as a role model example.
They didn't EVEN touch the free trade agreement. IF we raised import tax by 20 percent or anything above that it would MAKE people stay on our shores. How is that mowdy5000? I will tell you. other countries charge anywhere from 22 percent and up for us and everyone else to import into there respective companies. WE charge 2 percent.
So as a business man what do you then do? Manufacture things and pay Americans to do it here and pay 25 percent taxes on shipping throughout America? Or go to another country pay slave wages and then export BACK to America at 2 percent? That's whats happening now. That's is what they mean when they say there is NO incentive for American business to stay on our shores. And tea bagging republicans LOVE this because American get rich. Only on other shores and NONE of that money comes back here. In fact those other country's get ALL of the tax revenue from Americans who do business in there countries. That's the leverage we COULD hold.
But all tea bagging republicans want to do is cut cut cut everything while tax cuts stay in place with NO ideas on growth or growing the economy here. NONE. Not one idea. Because they are owned by corporate America. If we changed that that alone would grow this country by leaps and bounds and SHOW and PROVE who is truly American and who hates our guts.. ; ] Wake up people WAKE up.
How can the little guys compete with those able to move entire companies off shore? THAT'S why there's no growth in this family. And tea bagging republicans like it, love it, want some more of it. I try, so hard.... Anyhoo. The only ideas tea bagging republican have are none!
Think about it. Think about it. Who is really watching your back? I know I am.
Also illegal immigration didnt hurt. Many people say it did. But they are just haters. Illegal immigration from Mexico is now non existent. Anything better yet? The reason illegal immigration stayed the way it was for decades with our government looking the other way is because it worked for US. Reagan recognized it well. It allowed the little guys the upstarts to compete with corporate America. The big guys.
How do we do that now you must ask yourself. Ask Arizona how that's going Ask them. Touchy subject indeed but one that MUST be addressed. Hateful and racist people are running this country into the ground as "Tea baggers". But do they really know anything? NOT ONE JOB created says it all. I know alot as my readers know Especially after there little stunts have got more people fired then jobs. 4000 TSA employees for example. More government employees to come soon to a theater near you. Believe you me folks.
Its like tax cuts when we are running a deficit instead of a surplus. ASK Greenspan. He agrees with me. I told him about it. ; ] If it worked there would be soooooooooooooooooooo many jobs we couldn't fill em even in the economic downturn/ recession/ depression/ double dip/ honey dipper dan/ sha na na na sha nan an anaaa baaa doooo...
What do you think tea bagging republicans mean when they want a smaller government? A shorter Obama? That's JOBS they are speaking of. WAKE UP people! Wake up.
You have your facts a little skewed, Reagen made a deal to fence the usa with his amnesty. According to the deal Reagen made we shouldn't even be talking about illegals because they shouldn't even exist in the usa.
Think about it I.m not sure what you are talking about the high rate of identity theft associated with illegals or the money that pours out of the usa along with the illegals.
We have no need to worry about Mexico they are in much better financial shape then the usa. At the rate we are going we may soon become the illegals wanting to go to Mexico.
Do people even realize we are not far from the Greeks?
Let's examine government jobs once, Government jobs are paid for by the tax payers! Government jobs are a loss. None government jobs are a asset!
Government jobs = Liability Privet sector jobs = Asset!
We do not need more liabilities in our nation we need more assets.
Taxing jobs away from the privet sector puts more people on the government liability rolls.
Think real hard about this fact! What ever the government takes away from the privet sector becomes a liability to our nation.
You and I mean every person in this nation pays the tax increases. Nobody is going to say my product costs more to produce so i will not charge you more at the store. That is a mathematical impossibility.
People like Obama can pay more? If that is a fact why aren't they? Nobody stops them from paying more.
Over the past few weeks we've been abused and disrespected by every last member of Congress and by the man in the Oval Office. None have put the best interests of our nation in the forefront.
I will be voting against any and all incumbents in 2012.
Democrats can piss and moan all they want over this stalemate. But hey, guess what, America chose to vote those Republican 'checks and balances' in half way through President Obama's term.
What does that tell you?...
It tells you that America didnt like President Obama's unobstructed Socialist spending plan.
You can whine over President Obama making consessions and bending over backwards to get a budget devised. He didnt have a choice. Besides that "bending" was his mindset simply coming to grips that America isnt Canada or Europe...nor does it want to be.
A true pity that is all you see. The FACT is when houses were going up all over this nation who was getting the job done while the "LITTLE guy" got rich from nothing to something? The TRUE American dream huh? All you can see is interpreters being FORCED upon you? That's to bad. Those illegal immigrants were picking your food. They were working factories that USED to make it viable for corporate America to KEEP jobs here. But you go ahead and SEE what YOU want. The fact is the government including Reagan turned a blind eye for DECADES.
Why is the country sinking and don't give me this tea bagging hillbilly crap please about to much spending. EVERY one knows you grow your way out of a drought. Money goes up you know what roles down hill. That's how it works. Spend money to make money. I saw not one cut to there own salaries or the address of the real problem with OUR import business and taxing of it. Did you? And all you can see what we SHOULDN'T be talking about. I see people like you not giving any ideas about what to do and dissing every thing that works has worked and would continue to work. Remember this my friends the ONLY way this country has EVER balanced a budget is by taxing people for income. You do not have a fair and just society without government and mind you this we will be downgraded. Its already done. And you will then have what idea? ; ]
I wonder why that is... Think about it. Think about it;. ; ]
For all those on the left who wish to protest this and what has happened. Especially those fiscally responsible and with means? STOP SPENDING. Protest with your cash flow. DONT spend. Just buy necessity. You should make sure this COUNTRY knows your distain distaste for this and your disagreement SHOULD be heard.
In the same meaningful way the tea bagging republicans did regardless of what it does to us. Why you may ask mowdy5000? I shall enlighten you. BECAUSE its that important. It must be met this debacle with true grit. It MUST be met with equal footing and hit head on. Tell your friends tell your neighbors those of you able to see and understand what I speak of. You want change? NO! We want meaningful smart change that will actually help this country create DOLLARS .People who are educated know of what I speak. Be well my friends. Be secure in your principals. ; ]
Assuming the current "deal" gets passed, there is nothing we can do now but let our congressmen know how we feel about getting screwed over this deal.
I thought I felt as disenfranchised when we got screwed over the Obama-Care deal, when congress signed off on it knowing full well that most American voters were against it. Well, this tops it. These yahoos played "chicken" with our country's economy.
Tax cuts on borrowed money is broke you know what welfare. This caucus of tea bagging republicans would NOT budge on borrowing money from solvent programs to give welfare handouts to the rich who are just going to use that money to strengthen business in other countries. It will do NOTHING to perpetuate Americas growth.
Furthermore you will see more de regulation which equals crime and corruption and besides that you will see cut after cut after cut. Thereby making America as stupid as tea bagging republicans due to the cutting of education programs health programs because unless the President is WILLING to veto everything that now comes down the pike from the house health care reform is gone. And we all KNOW how this president and democrats just cant stand up. They only know how to sit down and behave.
Also I might add that with all of the cuts you will see America bankrupt at an alarming pace. Why is that you say mowdy5000. I shall tell you. Because people will HAVE to fill up e.r.'s to be seen for common colds to scrapes and boo boos. Programs that helped the less fortunate which there are a lot now will leave them to fend for themselves which leads to NO spending slowed growth and crime. etc.. It goes on down the line. And we will still be downgraded. Are you going to apologize for that tea bagging republicans? Or dig in harder because you dont like to be wrong? Like the whole 8 under Bush? Hmmm ; ]
Why do you think Bush refused to pay for the two wars? Or his prescription drug plan? Huh? Why? Why was he giving tax cut handouts while we are and were broke and they clearly did not create growth? Hmmm. Ask GreenSpan what he thinks and he will tell you.. I think what mowdy5000 thinks. Remember this, when we get those few hundred dollars a year in "ta cuts" its just in time every time for GAS to go up like a sky rocket. Remember that.
We can't change what happened in the 30's or change what "W" did. We can however change the entire group of idgits that are now holding seats in Congress.
The only way we will ever get there attention is by voting for anyone that's not an incumbent.
They got voted in because they promised jobs... They had empty promises that they obviously didnt fulfill. They cant force people to hire, so would they create jobs? They also don't want to create jobs, just like they dont want to fix the economy. They want it to be Obamas fault there are no jobs, and the economy still sucks. That way in 2012 they can start working on getting us in a deeper depression.
They also don't want to create jobs, just like they dont want to fix the economy.
The reason your statement borders on foolish is that it fails to actually pin the blame on the correct party. Which is no party at all. It's not Republicans and it's not President Obama's fault that the economy tanked.
First, it's the price of oils fault. Everything moves on oil. Higher prices mean less oil and a slowing of the economy. Without oil all trade lanes seize up and die.
Second, it's yours, mine and every Americans fault. For buying outside of our means. For continuing to buy into things that have no tangible yeild in the real world. For not pushing our children and our school systems to excel. For buying foreign products everyday all day and just assuming the money was staying here. For letting the housing bubble sweep us in. That's why the economy is @!$%#e.
The reason America can't pay its bills is because of past Socialist programs that are eating our country away with debt.
Remember, this country can never mandate work. No work, no taxes. No taxes, no programs. No programs... we're going to find out soon.
The Governments job is not to make sure you have a job. All that Capitol Hill needs to focus on is reducing our spending. Especially on things like SS, Medicare and Cade...things that yield no revenue.
Ask yourself one question... does getting rid of SS, Medicare and Medicade make your life harder or easier? You said easier and that's clearly not a rasional expectation. Ever heard "If it's to good to be true it probably is." before? Its a hoax, an illusion... a Madoff scheme.
Your just taking money and our kids will pay the price. No? That's not true? Go to Social Security.gov and find their budget pdf's. They even project shortcomings if the system isnt changed. Wake up and smell the Socialism.
Stop watching Comedy Central for your news and look the answers up yourself. Fox is no less biased than your holy Liberal outlets.
It was Partly in Jest, the Word Loiter and its meanings are:" Synonyms 1. Loiter, dally, dawdle, idle imply moving or acting slowly, stopping for unimportant reasons, and in general wasting time. To loiter is to linger aimlessly: to loiter outside a building. To dally is to loiter indecisively or to delay as if free from care or responsibility: to dally on the way home. To dawdle is to saunter, stopping often, and taking a great deal of time, or to fritter away time working in a halfhearted way: to dawdle over a task. To idle is to move slowly and aimlessly, or to spend a great deal of time doing nothing: to idle away the hours. 1–4. loaf. 2, 3. delay, tarry." Post from Dictionary.com In Most counties i know to " Loiter" can be Civil offence, am i right about your state?
SS and Medicare are not designed to "yield...revenue..." because the government is not in the business of trying to turn a profit. They are in the business of providing for the common welfare and general defense of the people. It is a hard concept for the greed-driven idols like the Koch family.
I understand that the Government is not in the business of turning a profit. But the money it spends, our money, needs to be used smartly. Thereby our money gains longevity and goes further.
As for Common Welfare... this is exactly my problem. SS, Medicare and Medicade is not common at all. They are quite specific. Especially with the Medi-twins. These expenditures are tailor made to individuals, which makes it Specific Welfare not General.
General Welfare would be interstates, for example. Everyone can use them. No one can take advantage of them. Oh...and they inderectly turn a profit.
Everyone, including you are driven by the need to gain money, status or otherwise. You wouldnt be on here posting your opinion if you werent.
Pro-Entitlement program folks will say one of two things defense,"SS and the Medi-twins are to help my fellow man." I always ask those people,"Are you giving that money you think should go to bigger taxes to the old folks homes or the homeless shelter?" then I get crickets.
Or you hear, "It's moine I earned it." To which I answer, "The numbers don't back you up." Social Security and Medicare/Medicade Tax income 2010- $865 B
Social Security and Medicare /Medicade Spending 2010- $1,494 B
They also don't want to create jobs, just like they dont want to fix the economy.
The reason your statement borders on foolish is that it fails to actually pin the blame on the correct party. Which is no party at all. It's not Republicans and it's not President Obama's fault that the economy tanked.
I never said it was the Republicans or Obama's fault. I said that the Republicans don't want to fix the economy, nor do they want to create jobs. They claimed that they would create jobs for the American people if voted in office. They don't create jobs though, so how can they promise to do so?
First, it's the price of oils fault. Everything moves on oil. Higher prices mean less oil and a slowing of the economy. Without oil all trade lanes seize up and die.
I never put blame anywhere in my statement. I said that the Republicans don't want to fix the problem.
Second, it's yours, mine and every Americans fault. For buying outside of our means. For continuing to buy into things that have no tangible yeild in the real world. For not pushing our children and our school systems to excel. For buying foreign products everyday all day and just assuming the money was staying here. For letting the housing bubble sweep us in. That's why the economy is @!$%#e.
The reason America can't pay its bills is because of past Socialist programs that are eating our country away with debt.
Remember, this country can never mandate work. No work, no taxes. No taxes, no programs. No programs... we're going to find out soon.
I also know damn well it isn't the governments job to get people jobs or create jobs. When did I say that? In fact, I specifically said that they don't create jobs. They claimed that they would create jobs, which is an empty promise since they don't create jobs.
Maybe you should learn some reading comprehension.
The republicans were voted in because the republicans promised the people jobs. Is that clear enough for you? Maybe a few didn't but the majority did and it was enough to get them in office.
Obama bent over backwards on healthcare, so stop trying to revise history, unless you were born a few months ago.
Boehner is toast because his party has allowed a bunch of people who would rather see our country fail than to work together to succeed. This is fundamentalism at its worst. He has to come up with a deal that he knows doesn't stand a snowballs chance in hell of passing the senate, just so he isn't burnt at the stake by the Tea Baggers.
What is most amazing is how far we have had to go down this road and the hard right still doesn't get it. That is probably the most frightening thing.
Raise my taxes - I want to pay for what I get from this great country.
How could it have been discussed, there was no time to read it which was a broken campaign promise and Ms. Pelosi said "you have to pass it to find out what is in it".
Boehner negotiated in good faith with the President and thought that they had come very close to an agreement. Instead, Obama throws in his special interest "revenues" at the eleventh hour. Anyone would be p!ssed in that situation. Neither party is "right" here. Stop the damn blaming and bitching and call your representative. I am not in favor of the Tea Party, but I do think that Boehner actually is making an effort to divert disaster. Your denigration is all he is getting for his efforts. You people are a disgrace.
Boner may have wasted 3 days on his bill, but Blamma-Reid, lost the last 2 years, gee those guys are sloooooooooooooowwwwwwwwww!! Has to be the culture, or brainnnnnn deaddddddddd.
Obama had an overwhelming majority in both chambers.. if you are trying to say that single payer failed because of Republicans, what a bunch of nonsense.. The HCR bill is all Democrat all day long.. It looks like folks aren't able to "keep the plan they have", and it is going to be much much more expensive than the smoke and mirrors budget that Pelosi/Reid passed. It just might bankrupt the country.. and Obama and company owns it all. Don't worry, the Dems will be raising your taxes along with mine and everyone elses.
Exactly right! Work together and stop the "blame game". There WAS an agreement before Obama added in his agenda. The House is working towards a solution and the Senate is working against them...and btw Obama has NOT put forth his own plan, only critizing everyone,,,,so who is blaming whom???
jcook, where was this "overwhelming " majority? By my last count, it took 60 votes for a fillibuster proof majority in the Senate. But then facts are really not relevent to your point of view are they?
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
Repubs love twisting Pelosi's words. She was referring to the average American that would find out once the benefits started falling in their laps that it was a good thing. And it has. 1) Found out my boyfriend won't die because of a preexisting condition (cancer) when his company eliminated the accounting department and his job with it 2) Found out my kids can now be insured on my policy. 3) Found out that Blue Shield will have to return $187 million back to its policy holders because they milked them over the 15% profit and overhead limit (paid their top CEO $47 million last year on the backs of the sick)
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let's put the 2011 federal budget into perspective:
U.S. income: $2,170,000,000,000
Federal budget: $3,820,000,000,000
New debt: $ 1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $ 38,500,000,000 (about 1 percent of the budget)
It helps to think about these numbers in terms that we can relate to. Let's remove eight zeros from these numbersand pretend this is the household budget for the fictitious Jones family.
Total annual income for the Jones family: $21,700
Amount of money the Jones family spends: $38,200
Amount of new debt added to the credit card: $16,500
Outstanding current balance on the credit card: $142,710
Amount cut from the current budget: $385
So in effect last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. Cut $385 of spending in order to solve $16,500 in deficit spending? Will this work? Hmmmmmmm!
It is a start, although hardly a solution.
Now after years of this, the Jones family owes $142,710 of debt on its credit card, and can barely pay the interest each month.
You would think the Jones family would recognize and address this situation, but it does not! ...............Neither does Congress.
The root of the debt problem is that the voters typically do not send people to Congress to save money. They are sent there to "bring home the bacon" to their own home state. Sort of like the "Gimmee Tribe".
To effect budget change, we need to change their job description and give Congress new marching orders.
It is awfully hard (but not impossible) to reverse course and tell the government to stop borrowing money from our children and spending it now.
In effect, what we have is a reverse mortgage on the country. The problem is that the voters have become addicted to the money. Moreover, the American voters are still in the denial stage, and do not want to face the possibility of going into rehab.
Mom, you must be living in some sort of alternate reality. Obama bent over backwards on Healthcare?!?! If you call bribery and forcing it through using a gimmick bending over. It seems to me that YOU are the one revising history...
mom--I admire your passion and willingness to pay for what you feel you get. I encourage you to pay extra on your taxes this year--everyone who feels as you do is free to do so. You are free to make that choice. I object, however, to the insistence by others that I pay more. Unlike you, I don't feel I get my money's worth for the taxes I pay--so much waste is identified, daily even, in our government. You are free to choose to pay more--allow me the same choice and don't impose your will for higher taxes on others. Respect their choice.
Let's bump everyones taxes 2% (including the ones that pay nothing but do receive EITC), and vote out everyone that is up for re-election in 2012. The faster we clean house and get rid of the lobbyists controlling the politicians and making them aware that they work for us, the faster we get a balanced budget and start paying the debt down.
A Liberal can spin any lie to their advantage. Pres. Obama, bent over backwards?? You are the one with the revisionist history book. Someone was bent over alright, but it was the American people. Pres. Obama and his cronies rammed Healthcare right up our.....
@ the dissenters: "Taxes are the price we pay for a civilized society."
Never has this been proven truer- the reduction in taxation of the richest has resulted in an amazingly rapid descent to a fiscal barbarism unseen since the collapse of the Roman Empire.
Well, it's time for a little experiment: put taxes back up back to 71% for the highest brackets.
Cut spending too- but leave the "entitlements" alone- with the possible exception of the military- our biggest entitlement program ever, created less for the defense of America than for the benefit of all the parasites of the military-industrial complex. While I greatly admire our soldiers, I detest those who send them to die equipped with extremely expensive but often inferior equipment for the sake of profit.
Any one who wants to leave can do so with the understanding that they are not welcome to return, and by departure surrender their citizenship. In addition, they may never do business within our borders again- nor send any of their progeny top attend American schools in any way subsidized by government funding. Why should they be allowed to partake in the prosperity we could create absent their ongoing theft of all profit?
bobr, you and your leftie ilk can keep playing the race card all you want. Race has nothing to do with it....incompetence does. And that's coming from a registered Independent....so don't do the other thing that lefties do best which is lump everyone who doesn't approve of the president as radical right wingers or Tea Partiers...tool
Stop being a racist...not once in any of these comments was Obama's ethnicity mentioned. YOU are the only one that brought it up... Obviously everone else on this board can look past your racist viewpoints and discuss the issues at hand like an adult.
You don't get your money's worth? You mean the troops who defend you from harm same as law enforcement, roads, bridges, air transportation, the greatest country on the face of the Earth, yet little Rachel doesn't "get her money's worth".
I feel sorry for the poor bast*rd who is stuck with you!
Raise my taxes - I want to pay for what I get from this great country.
#10 - Fri Jul 29, 2011 6:08 PM EDT
If you honestly feel that you do not already give the government too much of your hard-earned money, then fortunately for the rest of us, there is an alternative solution. The US government does accept gifts, so how about you put your money where your mouth is and write a big fat check to the government instead of proposing higher taxes for those of us that believe we already pay too much in taxes to fund Congress's fiscal irresponsibility and unfunded mandates?
See below, from the U.S. Treasury site at :
Citizens who wish to make a general donation to the U.S. government may send contributions to a specific account called "Gifts to the United States." This account was established in 1843 to accept gifts, such as bequests, from individuals wishing to express their patriotism to the United States. Money deposited into this account is for general use by the federal government and can be available for budget needs. These contributions are considered an unconditional gift to the government. Financial gifts can be made by check or money order payable to the United States Treasury and mailed to the address below.
Gifts to the United States U.S. Department of the Treasury Credit Accounting Branch 3700 East-West Highway, Room 622D Hyattsville, MD 20782
Raise my taxes I want to pay for what I'm getting? I have paid taxes out of the wazoo, sometimes over 50% of my income. I get almost nothing. You either are a govt employee or you pay little or no taxes. Selfish, pretending to be unselfish.
JK1963; I for one, don't give a rat's ass about the President's ethnic history, color, or religious creed (oh yeah! He belongs to a Church of Christ!! Just like my family and I do!). He SUCKS as President. He's a socialist, pure and simple! I work in the healthcare field. People, WAKE UP!!
The poor (on Medicaid) in this country are getting more thorough healthcare than You or I am! So we 30% are paying for 100% for the 70%. And Obama wants to increase that? GET A GRIP! And I'm speaking of only healthcare. One can keep their own insurance plan if they want to? ONLY if it is still offered (in many cases) by our employers. And who is going to guarantee that ANY employer will continue to offer insurance when there are "public" options which cost them not a dime? Will Pelosi guarantee that at 54, I am insured? I think not.
After all, SHE was the Dem who said "We'll go through the gate. If it's a high wall, we'll pole vault it. If it's higher than can be vaulted, we'll parachute in, BUT EVERY SINGLE CITIZEN WILL HAVE INSURANCE IN THIS COUNTRY!" But at what cost? Is SHE going to pay for me? My husband? My children? I seriously doubt it.
Folks, LISTEN to what is being said, and by whom, and forget this "Party Politics" shyte. We need to band together, as AMERICANS, forget the party lines and just watch out for all we citizens! If anyone disagrees,flame away!
Raise my taxes - I want to pay for what I get from this great country.
not sure how to say this without calling it the dumbest comment i have heard thus far... you want to pay more? go ahead and start donating, because i dont think we the people need to keep paying the the non entitled, bigger government, and union jobs, not to mention a ridiculous Nobamacare, period! I dont go to work every day to pay for the government to hold mine, or anyone else's hand when they and i am perfectly capable of doing just fine on my own, thank you.
What you get? just what is it you get that you are willing to pay more for taxes on? only thing you are getting is a hand out by the sounds, and even then i doubt you have had to pay anything on taxes.
@photoguy, before Ted Kennedy passed, the Dems had their fllibuster proof senate, after his passing the GOP got their 41 (remember), and they owned the house and the whithouse, it was only through the voice of he people that convinced enough Dems to stop some of the BS legislation such as single payer. Now whth any hope in 2012 the conservatives will capture all three, house, senate and whitehouse and undo the mess caused by the progressive (unfortunately I use to be one). We are currently on a fast track to national destruction, caused by Obama, Reid and mrs botox Pelosi. but still not to late to fix.
Raise my taxes - I want to pay for what I get from this great country."
FWIW, I'm more in the middle than on the right, but apparently I'm more to the right than you are. However, I also want to pay my fair share, but I DON'T want to pay more just because it's easier for our elected officials (ALL of them, not just R's and not just D's) to 'increase revenues' than to review the pile of garbage they already waste our money on and cut it down to essential, constitutional activities. Anyone in this conversation that doesn't want to pull their own weight is just living off the gov't handout and their arguing stance is obvious and can safely be ignored (notice I didn't say those that *can't* pull their own weight).
What never seems to creep into these conversations is an accurate accounting (or even an attempt at one) about how much the federal government does that it simply should not be involved in. Even a cursory knowledge of how things work shows you that trying to solve the problems of 300 million people with the same one-size-fits-all solution can never work, even if you ignore the constitutionality issues involved.
I'm not opposed to your favorite social project - just do it at the state or county level and let the feds handle the few explicit things they are supposed to handle. I'm hoping I live to see the day when people care more about who their county sheriff and their governor are than who the POTUS is or how often his slacking ass goes golfing.
You mistook my comment. I meant it as a criticism of bobr. I get tired of people using some supposed hatred of his ethnicity as an excuse for his poor leadership. That's all...
Obama had an overwhelming majority in both chambers.. if you are trying to say that single payer failed because of Republicans, what a bunch of nonsense.. The HCR bill is all Democrat all day long.. It looks like folks aren't able to "keep the plan they have", and it is going to be much much more expensive than the smoke and mirrors budget that Pelosi/Reid passed. It just might bankrupt the country.. and Obama and company owns it all. Don't worry, the Dems will be raising your taxes along with mine and everyone elses.
The HCR bill is basically the same thing passed in Massachusetts years ago. FYI, it was a REPUBLICAN that passed it. People call it RomneyCare. He actually stated that it should be used as a model for a national system (when a republican was in power) BUT when the government actually took his advice, he had to backtrack and try to come up with why it isn't a good system to use nationally... So, I would like to ask you why, exactly, do you believe this was a democrat bill, when it was actually created by a republican?
Do you want to know what the biggest difference is? This is going to really piss you off... The biggest difference is, one covers abortions and one doesnt! Guess which one covers abortions? Ill give you a hint... It was RomneyCare!
Im sure you arent going to look at these links because they would prove to you how wrong you are, so I would like to summarize with this...
“We said people have to take responsibility for getting insurance if they can afford it or paying their own way. No more free riders.” - Mitt Romney
Also, something to ponder...
Given that Romney has previously characterized his state’s approach to reform as “the ultimate conservative idea” and “a Republican way,” one wonders why he would be so opposed to repealing a national version of his successful reforms.
My thought is, if it does fail, and you want to blame someone, some fault should go to Mitt Romney, after all, it was his plan that was put into action long before Obama was elected. He urged the government to implement his plan nationwide, and now is acting like it isn't a good idea... Im sure it would have been a great idea, if only a republican were president..
Raise my taxes - I want to pay for what I get from this great country.
First, in order to "pay for what you get", your taxes for SS and Medicare and Medicade would have to be doubled!
Social Security and Medicare/Medicade Tax income 2010- $865 B
Social Security and Medicare /Medicade Spending 2010- $1,494 B (this amount accounts for just about half of our budget, 47%)
Second, if your so willing to be taxed that extra money... why arent you taking it and saving it... or better yet giving it to your fellow man. Why arent you going down to the shelters and giving to the poor right now? Why arent you giving it to medical charitys already? It's not your fellow man your looking out for... it's yourself. Your not alone....
Both Conservatives motives and Liberal motive are self serving. The difference is the Conservatives want you to keep what you've worked for and Liberals want you to keep what I've worked for.
Lastly, bicker and cry all you want about the deadlock over the budget. Guess what... American voters wanted that deadlock in order to stop President Obama's Socialist goals from materializing. An inconvenient truth for Liberals to be sure.
Full Pelosi quote, not as edited by the right-wingers: "But we have to pass the bill so you can find out what is in it AWAY FROM THE FOG OF CONTROVERSY." Meaning is certainly different when you hear the full quote, isn't it?
The whole birth certificate controversy would have been a non-issue if Pres. Obama had supplied proof when he was first asked. It is a legal requirement to hold the office, why did he feel the need to hide it so long? And remember, he promised to run the most transparent administration ever. So, either he was giving the entire country a giant F%^k Y*u, or he had to wait until someone could manufactured proof, I'm more inclined to believe the former, but his delay tactics certainly makes him look like he was hiding something.
As for Pelosi's comment;
"But we have to pass the bill so you can find out what is in it AWAY FROM THE FOG OF CONTROVERSY."
I don't care what she added onto the end of the statement, AWAY FROM THE FOG OF CONTROVERSY." does not change the fact that she still insisted that the bill be passed without letting the country know what was in it until after it was passed, kinda violates the Freedom of Information Act. HCR was/is an illegal law that was forced on a people who, as a majority, were adamantly against it. The Democratic controlled Congress forced it through using the Slaughter Strategy, a blatantly un-Constitutional act which allowed them to pass a bill without allowing the House to vote on it. So you wanna talk controversy? Believe me, Pelosi has supplied more than enough controversy all by herself to write volumes about.
"The whole birth certificate controversy would have been a non-issue if Pres. Obama had supplied proof when he was first asked."
He did. The EXACT SAME form provided to every citizen of his state. But it wasn't enough for the birthers, so he had to eventually go around the law to get a photocopy of the original THAT NO ONE ELSE GETS and that has NEVER been required for any previous candidate. And some of the birthers STILL don't believe it.
I'm sorry you don't understand Pelosi's comment in context. Perhaps if you took the tea bags out of your ears....
"HCR was/is an illegal law that was forced on a people who, as a majority, were adamantly against it."
False. Half of us wanted it then, and half of us are still in favor of it today. A large number of those against it feel it doesn't go far enought.
He did. The EXACT SAME form provided to every citizen of his state.
No, he supplied a document that did not list a place of birth, just a document supplied by the state which acknowledged a birth registry, that can be done for those born abroad. For the record I was never a "birther".
I'm sorry you don't understand Pelosi's comment in context. Perhaps if you took the tea bags out of your ears.....
That's the best reply you can come up with? Substance isn't your strong suit is it? I understand her perfectly, you can buy her BS if you want to but what she said was "we'll tell you what's in it after it is too late for you to do anything about it"
False. Half of us wanted it then, and half of us are still in favor of it today.
Again No. At the time it was passed only 39% of the population polled was in favor and 59% opposed it. At the current time support has slipped to 37%.
A large number of those against it feel it doesn't go far enought.
I'm going to go on the assumption that you meant to say "of those in favor...", because otherwise this just makes no sense. Ok, but then, 13% of you isn't a large enough number now is it?
And those percentage facts come from CNN so I don't wanna hear any BS about FOXNews, I don't watch them very often.
so he had to eventually go around the law to get a photocopy of the original THAT NO ONE ELSE GETS
Oh really? How is it going around the law? And if it is then you're saying Pres. Obama violated the law? ANYONE can get a photocopy of their original birth certificate, all you have to do if file a request and pay for it. (Wanna guess who probably paid for it in this case?) I have, and have always had, a photocopy of my original birth certificate, my mother got it for me when I entered school, back then you had to show one to be enrolled.
"No, he supplied a document that did not list a place of birth, just a document supplied by the state which acknowledged a birth registry, that can be done for those born abroad."
"I understand her perfectly, you can buy her BS if you want to but what she said was "we'll tell you what's in it after it is too late for you to do anything about it"
In other words, because she represents the other party, you will deliberately misunderstand her words. If it's not meant to be misleading, explain to me why right-wingers NEVER quote the full quote.
"And if it is then you're saying Pres. Obama violated the law? ANYONE can get a photocopy of their original birth certificate, all you have to do if file a request and pay for it. (Wanna guess who probably paid for it in this case?) I have, and have always had, a photocopy of my original birth certificate, my mother got it for me when I entered school, back then you had to show one to be enrolled."
No, he had to file a special waiver through an attorney to violate the state of HI's policy to obtain a photocopy of the original certificate. See here: http://www.factcheck.org/2011/04/indeed-born-in-the-u-s-a/ I'm guessing you a) don't live in HI, b) know little about the procedures or law in HI, and c) have not had to get a recent copy of your BC as the procedures may have changed in your state also. You're aware laws differ by state, right?
"Again No. At the time it was passed only 39% of the population polled was in favor and 59% opposed it. At the current time support has slipped to 37%."
In the CNN poll you cite, of the 59% who oppose 13% believe it does not go far enough. Your perspective is a little simplistic. See here for a list of 10 polls and their outcomes: http://healthcarereform.procon.org/view.resource.php?resourceID=004168 As you can see, for the most part, the opinions are divided pretty equally on either side.
I never said I doubted his word on it, I said he could have laid this to rest long ago, HI policy aside. Instead, Pres. Obama put a lid on the information. I understand his desire for privacy, but the Freedom of Information Act alone would allow him to have gotten the documentation any time he wanted to. The Constitution requires citizenship, some citizens wanted solid proof (they have that right), he could have done it at any time.
In other words, because she represents the other party, you will deliberately misunderstand her words.
A. Her party affiliation is irrelevant. B. No misunderstanding. Pelosi's comment, the whole comment, said to the country "We will tell you what you get after we decide what is best for you". Away from the fog of controversy is just a way of saying "so we don't have to listen to your complaints about it".
In the CNN poll you cite, of the 59% who oppose 13% believe it does not go far enough.
Did you hear me say all who opposed HCR were against some form of healthcare system? No, you did not. My statement simply showed that only 37% favor HCR as was forced upon us, using unconstitutional methodology. My statement was that the majority opposed HCR, not why they opposed it. Stop reading things that were not written.
Never mind, you will read what you want out of this anyway if for no other reason than to be obstinate.
"I said he could have laid this to rest long ago, HI policy aside. Instead, Pres. Obama put a lid on the information. ..... The Constitution requires citizenship, some citizens wanted solid proof (they have that right), he could have done it at any time."
He did not 'put a lid' on the information. He provided the EXACT SAME documentation that EVERYONE gets from that state. He has been the ONLY president who has ever had to PROVE his citizenship in recent memory. Why is that exactly? And when is enough, enough? You're aware that some of those 'citizens' are still not satisfied, right?
"Pelosi's comment, the whole comment, said to the country "We will tell you what you get after we decide what is best for you". Away from the fog of controversy is just a way of saying "so we don't have to listen to your complaints about it"."
That's not what it means at all. It means that certain parties were intent on confusing the issue with falsehoods (death panels, Obama's 'army', etc.) and with all that nonsense, the average person had difficulty seeing the benefits. No more, no less. And the statement has been taken out of context over and over by folks attempting to continue the confusion.
"My statement simply showed that only 37% favor HCR as was forced upon us, using unconstitutional methodology. My statement was that the majority opposed HCR, not why they opposed it."
Like I said, your perspective is too simplistic. I notice you did not comment on all the other polls I provided that demonstrate we are divided pretty equally on whether we like HCR or not.
He has been the ONLY president who has ever had to PROVE his citizenship in recent memory. Why is that exactly? And when is enough, enough?
I think he is the only President EVER to have to prove it, he is the only one who has ever been questioned about it. Why? Because someone somewhere raised the question given his family heritage and upbringing. Racially motivated? Maybe, or maybe they had questions since he was raised out of this country and had a radical Communist upbringing, I don't know for sure. As for me, I am perfectly satisfied with the documentation provided that he was born here. (I am curious about his citizenship status since he went to school in Indonesia where it is a requirement that he be a citizen of the country to attend school there, but that is another discussion for another day.)
certain parties were intent on confusing the issue with falsehoods (death panels, Obama's 'army', etc.) and with all that nonsense, the average person had difficulty seeing the benefits.
So you are denying the existence of death panels in HCR? Then you have not read it.
Page 425, line 4-12: The government mandates advance-care planning consultations. Those on Social Security will be required to attend an "end-of-life planning" seminar every five years. - This is Death Counseling.
Page 429, line 13-25: The government will specify which doctors can write an end-of-life order.
Page 272. section 1145: Cancer hospital will ration care according to the patient's age. - Rationing.
Here's one Pres. Obama swore would not happen
Page 50/section 152: The bill will provide insurance to all non-U.S. residents, even if they are here illegally.
So would this be the "fog of confusion" she wanted to avoid seeing the light of day?
Now I have no idea what you're talking about with "Obama's army" never heard the term so I Googled it and found nothing that appears related. (But I did see this, http://www.wnd.com/?pageId=107357. This have anything to do with what you're talking about?)
The average person is a lot smarter than you give them credit for, we have the right to hear the variables and decide for ourselves, not be told that we'll be made to understand after it is too late. The last thing in the world I want is for that Socialist woman's ideas to decide what kind of care my son gets.
Like I said, your perspective is too simplistic. I notice you did not comment on all the other polls I provided that demonstrate we are divided pretty equally on whether we like HCR or not.
My perspective was intended to support my statement, that being that the majority of Americans were opposed to HCR, they were and still are, their reasons for opposition were never a part of my comment.
As for your poll comment actually I think I covered that when I said:
My statement simply showed that only 37% favor HCR as was forced upon us, using unconstitutional methodology. My statement was that the majority opposed HCR, not why they opposed it.
But by your own statements, 13% of those who oppose it think it should go farther. So, that does NOT translate to those 13% favor HCR, though maybe you should get a job with Gallup or something, they like people who can manipulate data. My point still stands.
I also notice you have never chosen to respond about the unconstitutional "Slaughter Strategy" method that was used to force the bill through against the will of the House and the People.
Vote NO and kill the bill Let Obama use the 14 amendment . Then it will be his baby good are bad.The Senate can not pass the other bill because you can kill when it gets to the house just like they are going to kill you bill.All of this is just a waist of time.
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
I can't believe this. We are about to default on our debt for the first time EVER b/c of the right wing tparty nuts, and you're more concerned about Obama's approval rating.
I am having a hard time understanding the Democratic rehetoric. The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate. I don't understand why the Democrats are insisting on shutting down the government. Actually, it might be a good idea, but I am wondering why the Democrats are so determined to shut everything down.
Obviously, the Senate Democrates hold all of the cards. The Senate Democrats have the power to pass either bill anytime they want. Why won't they do it? Are they trying to cause a collapse? I guess so, and if it happens, then the Senate Democrats will be completely responsible for what happens. Am I right or am I right!
The democrats HAVE compromised on everything the repubs wanted except their desire to go thru this entire madness again just before Christmas - further damaging the economy during the critical Christmas shopping season.
The republicans have compromised on absolutely NOTHING. In fact, their last bill moved even further away from a compromise.
"The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate."
What part of 'compromise' means DO EVERTHING the other group wants?? EVERYBODY has to move from their position. The House has NOT compromised AT ALL.
Do... do you actually understand the definition of 'compromise'?
Some republicans have actually signed PLEDGES stating they they will NEVER, UNDER ANY CIRCUMSTANCE raise taxes.
Economy tanking? No tax increases.
People starving on the street? No tax increases.
World War Z breaks out? Still no tax increases.
In other words, in a stunning show of 'compromise', some Republicans have signed hard-line pledges that they have to keep regardless of the condition of the country. Which, incidentally might one day conflict with their pledges to be loyal to America.
I wish the Obama campaign would start hiring posting volunteers that can spell. We all make spelling errors but at least we can handle the simple, words we use in our neighborhood.
The mantra of a blank check doesn't cut it, when this is about allocations of costs from past Administrations and Congress.
It's ironic how so many persons keep saying that President Obama is not, or hasn't done anything in office as it pertains to the deficit or taxes. When that in and of itself is farthest from the truth. The only branch of Government that haven't done their jobs is Congress. All this talk about the President has never entered a bill during his presidency is ludicrous. He can't. He's not supposed to. The President of the United States cannot write bills, he can only sign them into law or veto them. What he CAN do is have someone in Congress write one for him.
Thus, all you who bellow he has done nothing as far as writing a bill, you're absolutely correct; because constitutionally speaking his hands are tied. That job belongs to Congress. So if you are going to debate the ills of the Presidency, at least have your facts straight, or get to know your constitution well enough to bring thought to your debate. Rhetoric and vitriol can carry you but so far. And the only way a bill will get passed through Congress is with compromise, not hijacking an economy.
So what should we learn from freshman senators of the TEA Party? That they will not allow a Democratic President to pay for bills incurred on the Republican watch? Why weren't there prerequisites to the 18 times Ronald Reagan asked for a debt ceiling increase? Or the seven times George W. Bush asked, and he was cooking the books by keeping two wars off the budget, while increasing the debt to over $10 trillion? One ( deficit reductions to the budget ) has nothing to do with the other ( that being the debt ceiling increase ). You don't hold a President ( or a country for that matter ) hostage, for bills enacted from the past. The rhetoric I keep hearing from Republicans on the Hill, is that they want to do what any ordinary citizen would do with their household bills. If that is the case, then shouldn't past bills be paid? What average American tells the bill collector when they call that, " I will not pay you until I cut my spending in the future? "
I understand what many are saying and I agree with you, the runaway spending has to stop. But realize that in the year 2000, Bill Clinton got the National Debt down to $18 billion dollars. I am neither Democrat nor Republican myself, but this I do understand: while we need to cut spending ferociously ( not savagely ), the federal government still needs revenue, and unlike a private business they have no true product to sell, and what products they do "sell" is the service of their sovereignty.
Thus in order to give us that service, we the people have to pay taxes. We must, if there is to be any government to stand for. If we cut just spending, there is no way for the government to grow, or for the country as a whole to expand. We'd be cutting infrastructure projects, research and the education of our future generation. So at some point, taxes or better yet, the closure of tax loopholes within the Tax code must be addressed to increase revenue. And as we can all read, that is what is not being compromised. That effort to do so doesn't take ideology, that is just common sense. Bill Clinton proved this and got the Debt down to $18 billion dollars on that same premise. Instead of having a surplus and limited spending, that money was squandered away over eight years, and with the addition of tax cuts, no true revenue was there to replace it. You don't have to go to any fancy school to realize, that if you're playing Monopoly and you don't build up Baltic Ave. with infrastructure to increase revenue ( which will require some spending ), don't expect to win the game 4 hours later with the rent at just $6 dollars.
In the government's case? While there is runaway spending, the revenue of the United States of America must increase. And on Capitol Hill, Republicans are too moot to compromise in any shape, form or fashion when it comes to revenue. Attaching that stance to the debt ceiling is ludicrous. We as a country for over 235 years has paid our bills. Even if we have to use fiat money ( and fiat money is the only way to go about it these days... ask Richard M. Nixon how the rest of the world was stealing from us because we were the biggest country in the world on a gold standard, and thus had to take the US off of it ). Lastly, runaway spending is not the reason there are not any jobs, or a deficit for that matter. For a decade, the Bush Tax Cuts were in place and there was little or no job creation. With no increase in jobs or even the standard of living for the middle class, there was no broadening of the tax base, which would have increased revenue, and should in part lower the deficit. To continue in the same vein will lead to the same results. With that said, you need things like Social Security, Medicaid and Medicare in place. Not savagely cut, since tax cuts have not created any jobs or growth to the middle class in over a decade. And with this recession, many are in need of these services. Why didn't just the Democrats stop these things when they were in control of the House and the Senate? I think the answer is clear. Any side can bully, but compromise is the greater peace. And instead of doing so, both sides did nothing. Yes, as a country, we have to cut our spending. But more importantly we have to pay our bills. And just as important we need to increase revenue, and not squander our surplus. Because if you do, you'll not have a government... let alone no taxes or job creation to instill or debate.
We've allowed the Private Sector to do just what many of you have said, for the past eight years. Where are the jobs? There has been no tax increase for a decade. Where are the jobs? In that same decade, most of the American jobs have been outsourced to foreign countries. We've even bailed out a few institutions in the hopes that they would hire and/or loan money, instead they gave themselves bonuses and retreats. Where are the jobs? Some corporations are getting $0 taxes. Which company should we allow to build the country's infrastructure and just how or who is going to implement or pay for it? Tax bases have been broadened, yes... they were just not broadened in this country. Where are the jobs? While I agree to an extent that the private sectors should create jobs, the only incentive for them doing so, shouldn't be just tax breaks and loopholes. It doesn't work, in and of itself.
Because when one does just allow or leave that only to the Private Sector ( pure job creation ), we have the guise of "Uncle Tom's Cabin " all over again. Hence the need for governmental regulation and growth. If the laws that are legislated are to only shrink the one force that would police the people from themselves, we cut off the nose to spite the face. There wouldn't be a need for a minimum wage. Companies wouldn't have to provide benefits. Or vacation to their employees. Eight hour work weeks turn into 10, 12 etc.. And from where I sit, I see that happening again, already.
The government like anything else will always need new obligations, because of the cost of living, inflation, etc.. and not even corporations show true balance in their budgets. It's either a surplus or a liability. Entitlement Programs work both ways. While it is easy to say, let's play" Soylent Green" with the elderly, or take a stark look at lower income families that abuse welfare programs, what about the tax loopholes that are taken advantage by the richer of the three economic class systems as well? That is why there needs to be a balanced approach to the breath of government. Stop paying farmer's NOT to grow produce. Stop forcing lower income families to live off entitlement programs; we definitely need to do that. But we also need to stop giving specific breaks and loopholes to specific industries, individuals and companies, who find it mete to take their profits and sit on it, instead of broaden the American tax base as everyone espouses is supposed to happen because of it, but has yet to be seen within the last ten years .
I know what government has to do. We all do. It doesn't need to shrink to oblivion nor outgrow the people. It needs to be a voice for the needy and allow Private commerce to prosper. In balance, not as a one-sided point if view. And if countries like Australia can provide the same entitlements and obligations to both individuals as well to the Private Sector, if Canada can make their dollar stronger than ours in less than ten years and still provide entitlements to their populace. If Norway can do it, the Netherlands ( and still have their currency tied to a gold standard ), surely the Greatest country on Earth can as well. But it takes a centrist view and by that I mean compromise by both sides of the spectrum. What we have going in our government right now are fraternities that can't come to a common ground, until the week before Christmas. And the only thing they can agree upon at that time, is to give themselves a raise.
By the way, I've not been indoctrinated in the need of anything left, right or independent... other than a need for the dismissal of Nepotism within this country.
Jonathan, you have said all I would like to and so well. Good job. It all boils back to pre Bush tax cuts and closing the loop holes, and then we could pay down this debt, and still have our SS. medicare and help with the states medicaid. As you said other country's can do it and so could we. The one thing you didn't say and I would is people on welfare that can work give them a job, like the WPA I remember that and it does promote pride.
@ Jonathan Yard Jr.: A very nice, well-rounded essay on the essentials of the situation. You lost the right about a paragraph in- it's hard to educate those with the attention span of a fruit fly, which is why their talking heads tend to endless repeat lies over, and over, and...well- you get the picture. Kudos regardless!
Your grasp of things exceeds somewhat your ability to communicate that grasp most effectively. Yours might well become a very powerful and influential voice if you submitted your written ideas to the scrutiny of a talented editor to help you fine-tune them.
As it is, the many convoluted constructions in your text, the obscure metaphors, the unnecessary verbiage tends rather to dilute the impact of what you are trying to say.
As a rule, the journalist's proverb, "Less ink," applies, and I am not at all referring to the length of your post, but the length of your clauses.
You have considerable potential as a writer. A competent editor/professor could make a huge difference in what your written text looks like a year from now. For all I know you may have a PhD in Education, but I would still think that spending a year at a community college or university getting feedback from experienced editors would prove beneficial if you were willing to accept their feedback.
You captivated the left by referring to the "right" as having the attention span of a fruit fly.
I'm sure they're all in awe of you now. You're so clever. Proud of yourself?
Mindless ad hominem attacks have always been popular on the left. This is not, however, of a kind with that, since the preceding statement is simply objectively true, being neither a nonsensical, insulting, middle-school metaphor nor any kind of mockery.
Why are leftists so preoccupied with the sneering amusements of middle school semi-adults? Rhetorical question, yes. But possibly revealing. Is that where their minds became stuck on the narrowest, most immediate self-interests and refused to further expand? Perhaps. Yes, I think that's a plausible theory.
Again, I felt no need to resort to juvenile mockery to put an effective spotlight on a stereotypical example of a certain species of stark-raving folly.
But for the sake of descending to your level let me try my hand at that by asking:
Why is it that leftists so often talk like they have a smear of un-wiped snot under their noses?
No fruit flies in here, little boy. Did you notice?
Jonathan's essay was well-written -- and compelling, I might add. I think he expressed what many educated people who, while political, can view the situation with a bit of empricism. Your blow-hard critique lof his style is nonsense.
Jonathan: Bravo! Don't know if John's pompous little snips annoyed you at all, but pompous asses like that deserve to be laughed at.
It's quite amusing that this: "Why are leftists so preoccupied with the sneering amusements of middle school semi-adults?"
and this: "Again, I felt no need to resort to juvenile mockery to put an effective spotlight on a stereotypical example of a certain species of stark-raving folly"
A correction to my piece. I said the National Debt was just $18 billion in 2000. That is wrong. It increased by no more than $18 billion. Thank you to all who enjoyed my piece, your welcome very much as well. I've re-posted this piece twice more, and the feedback has been the same. I think I should be proud of my insight. Again thank you.
Jon3078515: Thank you for your insight. Perhaps you know of an editor with whom to start with, if so... I'd like to see/hear what he/she has to say about this potential that I have that you speak so highly of. If you can leave a message in my comments and feedback section of my profile, I will be more than gladly to oblige the endeavor. Thank you in advance. It is greatly appreciated.
I'm not sure Ed. I'm not a republican and have never been one but I would like to see a balanced budget amendment. I always thought it was a good idea. For some reason it is considered a non-starter by some.
You mean besides it being unconstitutional, like the "Line Item Veto"?
Or, could it be because when the elephant people go off and start bogus wars, or when a good prez wants to start a real one, he cant because there wont be any money?
The balanced budget amendment is a non-starter for free spending democrats, who think they can spend and tax their way out of anything.
The last budget balanced amendment, I believe, was in 1995 and failed by one vote in the senate after passing in the house. Remember a constitutional amendment needs 3/4 vote in both houses then ratification by 75% of the states within a time frame that is set by congress. BTW, only one state does not have a balanced budget law. So the federal government needs to live by the same rules.
All the States are required to balance their budgets... even the liberal ones. Sounds like the liberals just don't want to face the simple fact that there is not enough rich people to pay for everything they want.
Iraq was based on a lie. We dont have boots on the ground in Libya do we? Thus, unlike you or the rest of these tea bagging, right wing , birthers, having actually served. YES, it's a good war. We arent in it!
What is wrong with a balanced budget amendment? Plain and simple, it completely ties the hands of people down the road to deal with an emergency or large crisis. It would mean NO CREDIT what so ever and that the US would have to be able to pay for everything up front (sounds great in principle until the metaphorical airconditioner breaks and, while you would have been able to replace it immediately if you had credit, you have to wait a year till you can pay for it in full and in the meantime Grandma dies from a heat related stroke).
I guess those supporting one would rather we had lost World War II and would rather have had the Third Reich/Nazis running Europe, because that is what would have happened since America would have been unable to participate in WWII without running at a deficit. We wouldn't have been able to defend ourselves after Pearl Harbor and would not have been able send troups to Asia or Europe to help stop the oppressive regiemes there.
I would rather not hamstring future generations flexibility to deal with genuine crises because today a minority group is playing domestic terrorist and holding the rest of the country and world's economy hostage to views that the majority of the country does not agree with.
As a person who has a degree in economics (not that that will mean much to the Republicans), a balanced budget amendment is NOT a good idea. Just look at the past few years when the private sector was on the very brink of collapse. Private banks had been deregulated to the point where they were selling "investments" that were so complicated and such junk that they brought the world economy into deep recession. The only entity with the ability to spend money (to stimulate the economy so it would not slide into deep depression) was the US Government. If we had had a balanced budget amendment, Washington would have whistled while the country and the world plunged into depression. Yes, our government does spend too much (especially on bombs and other military expenses). But remember...we elect our representatives. Ultimately, we are to blame. Most Americans cannot be bothered to participate in their government. They have to catch the latest episode of the Voice.
And kemestry - in the interest of getting out the facts, you are mistaken about state line item vetoes. Some governors have line item veto authority because their state constitutions provide for it. The federal constitution, as interpreted by the Supreme Court, have determined that the federal constitution does not provide for a line item veto. Also, a constitutional amendment, by its definition, if property enacted, cannot be unconstitutional. What you may be thinking of is State constitutional amendments that have been ruled unconstitutional under the Federal constitution.
This is political theater and they should sell tickets for it to increase revenue.
Boehner's emotional speach was all about himself and the political game he has been playing. If he gave a D about this country, he would went to Pelosi and Reid to negotiate instead of the TP radicals.
He should get a bill for the time and money he has wasted with this farce.
He did go to the Democrats. He also went to the Tea Party. He went everywhere to try to reach a compromise....Nobody would listen and I don't blame him for being p!ssed.
"He should get a bill for the time and money he has wasted with this farce."
Ever hear of a filibuster? Politicians have been wasting time and money since the beginning. Boehner, or any other politician, is no better or worse than any before him. The difference is the advancements in media have made contemporary politicians more public than those of the past.
How about taxing the rich, corporations & getting rid of loopholes. Or better yet going to a flat tax. You make this amount, you pay that amount. They might have to have a few levels depending on the amount. Why is it that Boehner basically said that taxes were off the table. We have to have more money coming into the system so that we can pay our bills.
BO wants the govt to keep taking your money and get a blank check, so the debt will grow grow grow. then in a few years you will blame the capitalists?
Dont get it, so you blame the guy frustrated about doing his job, you hate govt. theatrics so you again give your fearless leader a free pass while he desperately looks to the ignorant public with a TWEET message instead of getting something on the table. Whatever , you all keep blaming the Conservative and corporations yadayadada, but then you keep shopping at WalMart, Target, McDonalds , Carrabas, keep traveling on jets, keep driving your multiple cars,,,dont you even realize they are the hand that feeds you freedom without excuses. Dont you get it, you are living in a metro contemporary culture and the services adn the stores and malls are brought to you by your own decisions to go there, thats not greed thats serving the public and serving the consumers. And you feed the mega over excess advertising given to you by keep watching cable and satellites, these are what people choose in this nation. These are who we vote for and the towns we live in, we like our freedom and our cars and our fast food at times, there is a time and place and season for everything. despite popular belief most would die for our lifestyle and are trying to come here to have it, and Russia totally loves US and McD's and they are no longer trying to kill us. capitalism won, wake up.
Obama does not have blank checks. Republicans control the Congress, which is the entity ( and the only entity ) that has the power to authorize the funds.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
ALL of those payroll taxes are paid by working people, and NONE by the investor class. And all taxes have been pushed off more and more to working people over the years, and less and less to the wealthy and corporations.
So tell me how the heck 48% of the people pay ALL the taxes if working people pay 40% of them.
God, why is the right SO bad at math. Maybe it's those red-state schools.
The American economy is being stolen by American corporations.
While they've amassed $1.9 TRILLION in cash, we've been working to provide 60% of them with FREE roads, FREE schools, FREE firefighters, FREE police, FREE military protection, FREE everything (since they don't pay ANY taxes). And to add insult to injury, we're contributing our hard-earned tax money to give them a TAX REFUND:
ExxonMobil, despite recording more than $15 billion in income taxes, paid none of its 2009 income taxes in the U.S.
What the financial statement says is that ExxonMobil, in 2009, after a handful of deferrals, recorded a total U.S. income tax benefit (i.e., a refund) of $46 million. Next to this, it shows total non-U.S. income taxes of $15.165 billion.
The Internal Revenue Service tracks the tax returns with the 400 highest adjusted gross incomes each year. The average income on those returns in 2007, the latest year for IRS data, was nearly $345 million. Their average federal income tax rate was 17 percent, down from 26 percent in 1992.
Bush tax cuts... In 2003 the unemployment rate was 6.0% reducing steadily to 4.6% in 2006 and 2007. In 2008 after the housing collapse unemployment was 5.8%, still less than 6.0% in 2003 no? What we needed were shovel ready jobs per Obama. Because Washington is still spreading the bull. What did the Democrat controlled congress do to create jobs...nada tostada, but they did extend Unemployment benefits several times :) yay. Not pay those without work to build roads, repair foreclosed homes or teach in schools or fight fires but to sit on their computer and farm or whatever? Obama has been in office for years, he wanted the job of POTUS! When will he LEAD US?
I'm kind of a "get along and compromise guy" but what I see is a need for "default"... a "financial shot heard around the world" We would be forced, All of us, to live withing our means... the Government would be forced to make hard decisions... In my opinion they came to a "compromise" but the "Cuts" are anemic at best... Entitlement reform: Nada Tax code reform: Zip I believe in a strong defense yet... Future defense spending: In questions... Can some one tell me What was really accomplished? I also read a post that said"
"Obama bent over backwards for health care"
Really??? You spend your 1st year in office and spend all your political power on creating another (failed) government system that has to be Cut or reformed because we don't have "enough money".....
President Obama: When we pass (Tarp II) Unemployment will not go above 8%"
Really... Today it is 13+%.... Even the Republicans have a hard time unifying and holding there own feet to the fire... I'll call this "round" for the Republicans because there were no new taxes (I challenge any one to give a example where raising taxes created jobs anywhere in history in the private sector) but I predict much vacillating on both sides as election time draws near... Prediction:
Dream act will be discussed, but not passed, Tax code reform will be brought to the house but killed in the senate.... Republicans will keep the house but not in the same majority.. some ground will be lost... the senate will still be split... Grid lock will prevail and President Obama may win a second term but barely and his current power base will be extremely diminished... Iraq will request continued US presence,,, we will withdraw from Afghanistan but not completely... Qaddafi Will stay in power via a US brokered peace or "guaranteed" safety for him. Us which have "helped" the world many times over will be criticized for not "doing something" for the worsening condition in South Africa.... This next election cycle will be interesting.......
Since the only way that he can get support of the Tea Party republicans is to swing to the extreme right (and this has zero chance of passing the Senate), perhaps he should consider aligning with the democrats and supporting his earlier proposal - the one that Harry Reid (and the senate republicans) supports.
Gee - this makes too much sense.
And - perhaps the house democrats should call for a new vote for speaker. Not sure that Boehner could keep the job, and the 'normal' republicans would not support a tea party extremists. Maybe the normal republicans could find common ground with the democrats (like the political types do in other republics in the world).
But this is unlikely. Our form of democracy is that of a small minority forcing their views on the majority. This is tea party democracy. Only in those 'furrin' countries could compromise exist.
Go to third world and socialist countries as well, you will see what force is . You have a ridiculously loud form of liberty and its a luxury you were taught by some failure of a wannabe scholar teacher in a liberal agenda public school. Like the rest of us, but some of us realize you work you earn your keep and nothing is fair so you work more and make your breaks, not complain and blame.
Barabas - are you familiar with the saying "be silent and let people think you a fool, lest you open your mouth and remove all doubt"? If applies with you.
I have spend most of my career outside the USA, so I am probably much more of an expert than you. Also - I have spent the past 30 years studying history - as understanding a mindset allows one to reach acceptable compromise.
You are correct - nothing is fair. You are allowed to spread your illiterate message the same as me. Your lack of intelligence or understanding does not stop you, and my phrase above applies.
However, to try to compare your miserable life to the government shows that you have no clue as to the purpose of government, or how representative government works (here or elsewhere).
You should not complain? With this attitude, we would still be subjects of the crown. I realize that your home-schooling did not cover this, but the revolutionaries in the 1760's actually complained rather vocally. Some even published their own newspapers (Fox news probably did not mention any of this).
Bottom line - you have opened your virtual mouth and removed all doubt.
Bobby - another way to look at this is - you have gained the benefit of this government spending, but you are too cheap to pay for it. You claim that your children and grandchildren are on the hook for the crap that you got, but the reality is that YOU ARE TOO CHEAP TO PAY FOR YOUR BENEFITS.
You demand that the rest of us (the middle class) pay for the benefits that you rich get. I know that you are not middle class, or you would be saying the same.
bobby, bobby: I know you're trying to make sense of a very complicated subject but one thing you'll just have to begin to comprehend is that running the government is not the same thing as running your household.
@interested Observer.... Ive met some educated foolish people... and you qualify....
Barabas - are you familiar with the saying "be silent and let people think you a fool, lest you open your mouth and remove all doubt"? If applies with you.
I say... you "resemble that remark".... It is ok to attack her post but is not ok to attack her character.
I have spend most of my career outside the USA, so I am probably much more of an expert than you. Also - I have spent the past 30 years studying history - as understanding a mindset allows one to reach acceptable compromise.
You hit the nail on the head you lived so long on the outside you forgot what is what like to live inside the US... I doubt if you ever had to make the decision to fire some one from their Job... I Have.. Making payroll or your next paycheck stretch for some is a reality. I've spent 20yrs in and around the military and it has been said "If you stand for nothing you will fall for anything" some times you have to stick to your guns.. draw a line in the sand... but I can see you know nothing about it. By the look at your posts.. you have compromised away every thing.
You are correct - nothing is fair. You are allowed to spread your illiterate message the same as me. Your lack of intelligence or understanding does not stop you, and my phrase above applies.
Beautiful attack.... Illiterate...lack of intelligence you don't know what the word means... I may not agree with her entirely but I "understood" her... you obviously don't know the difference between sympathy and empathy... doubt you have either.
However, to try to compare your miserable life to the government shows that you have no clue as to the purpose of government, or how representative government works (here or elsewhere).
I wouldn't trade my miserable life for your miserable life any-day for any money... you may know the "inner workings of Government" but you don't know about people... If you were a commander in the military (you might be) you would be happy to send your troops in to sure death to "accomplish" the mission and pat yourself on the back for a "Job well done" We (people.. your not included) draw comparisons to what we are familiar with... you can study all you like it makes you smarter.. you might learn much knowledge about things I've no Idea of in government etc... but it definitely does not make you wiser.
You should not complain? With this attitude, we would still be subjects of the crown. I realize that your home-schooling did not cover this, but the revolutionaries in the 1760's actually complained rather vocally. Some even published their own newspapers (Fox news probably did not mention any of this).
In your studies of the revolutionaries.. (your heroes was probably the Czars of Russia) they valued the opinions of the "Commoners" They fought for the "little people" to have a voice... even if she was just as you say her opinion is just as valuable as yours... it has a place... It is perfectly fine to say "Your wrong or misguided and here is why" but it is INTOLERABLE to attack a person character without knowing them personally.
Bottom line - you have opened your virtual mouth and removed all doubt.
MMmmm... Since those are your words ... Ill leave you with a Bible scripture:
Pro 10:23It is as sport to a fool to do mischief: but a man of understanding hath wisdom.
Sir I perceive you have much education but no wisdom.
But if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
i will be glad when the 2012 election comes arround to get rid of some senitors and members of the house Change will come but first on the list is the presedent
Who would you vote for? Gingrich. He almost went to prison. A conservative or a libral? The conservatives are control freaks and the librals are a pain in the butt and both are dangerous groups! Tea Party? They need to go away and FAST! Boehner? He's a wacko. Time for a new party. One who represents the PEOPLE and not the rich, corporations or countries that are buying our elections. Bye bye Rep.
He didn't praise the shepard, but few can these days... no matter they lie to themselves and no matter how hard they try to ignore reality.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
Does this guy have gall or what? Obama offers a compromise package that would reduce the debt by $4,000,000,000,000 and Boner can't get his own caucus to address what they claim is the biggest issue facing the country. But they will support a bill worth less than a fourth of Obama's proposal and that contains a poison pill. Someone else may have said this already: Hell, no.
That's because Mr Boehner pointed out a huge problem with Obama's plan that nobody wants to see happen.
Part of Obama's plan would increase our taxes. We are taxed enough, in fact too much IMO.
The REAL problem is our government is spending more money then they take in each year. The worst part of doing this is if they default, it hurts the economics of the country but not the government itself and if we do this personally, it only hurts us and nobody else. This is why they get away with over spending and THIS is what needs to be stopped.
I believe in helping those who falter(other countries disasters) but not when we can not afford to as a country. We need to fix our own problems before we open our arms to help other countries.
We wouldn't be in this situation if our government knew how to handle spending money. But since they don't, we will always be digging a hole that our country, eventually will never be able to climb out of.
No one needed Mr Boner to point out that the Obama proposal returned the pre-Bush upper bracket to people who do not pay enough taxes, IMHO. Essentially, you claim that reducing the debt is unacceptable if it means closing loopholes and raising the top bracket. If so, then quit complaining about the debt.
Otherwise, you won't get bipartisan without increasing revenues. The Democrats won't reduce Social Security and Medicare without that.
The Republicans have all of the maturity and petulance of a teenager. It's not enough to get what they want -- it has to be done their way in the bargain.
This country has a spending problem, it also has a revenue problem.
Cutting taxes while attempting to fund trillion dollar wars, multibillion dollar UNFUNDED Medicare Part D prescription drug programs (which were a sweet deal for the drug companies) were a recipe for financial disaster. Voodoo economics.
More deep cuts to the workforce will plunge this country into a depression.
We need cuts that are carefully thought out, and revenue from closing tax loopholes and having the rich pay the same percentage in taxes that the middle class does. Now they are not-they pay less percentage than the middle class.
Look up Warren Buffet the billionaire pays less percentage in taxes on his income than his secretary. Very enlightening.
Stop American taxpayer paid multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter. Stop corporate welfare.
Close all corporate tax loopholes for companies that send American jobs overseas. The Republicans voted against that btw.
I am of the opinion that we should vote all out of office. They have forgotton why they were put in Washington. I have yet to hear any one of them say what we want. When did they loose sight of that fact. Start to work for what is best for the country and not your own egos.
Do you know what your are talking about? No one is talking about debt reductions. They are talking about deficit reductions. Get your story straight or just keep voting for President Dwayne Elizondo Mountain Dew Herbert Camacho and his socialist thugs.
For all you tea party lunatics and the Republicans that fell in behind them, shame on you for giving up your moral worth and spine. When it became about egos and story telling you sold out your fellow man. You make me ashamed to be an American while that world laughs at us for your antics. May Boehner rot in hell.
Bobbyg - We've all gotten your message (how many times). Will you please quit wasting our time and stop it!!! It's more than a disgrace when our troops who are fighting and giving their lives for our country (in unnecessary wars, especially) have to be worried about whether they'll get their pay. It's way past time for President Obama to stop trying to deal with the "care less for the people" republicans and tea partiers and involke the 14th Amendment. Never thought I'd EVER see such a fiasco in our country. God Bless America
In collaboration with the other corporate backed party, The Republicans, the current Sociopath In Chief, the right-wing Barrack Obama (and the leadership of the Democratic Party), is about to administer a knife in the back to the U.S. public (excluding the Rich of course) that will live in infamy with, and may eclipse, Bill "I feel your pain" Clinton's ramming through and signing of NAFTA and the Financial Modernization Act that liberated the criminals on Wall Street to swindle the economy off of a cliff in 2008.
No tax increases on the rich who are paying historically low rates or even making corporations pay any tax at all (60% don't) and huge cuts to federal spending on health and safety. Also: if no immediate cuts to SS and Medicare, cuts down the road.
And this with the indispensable assistance of the corporate media (take a bow!) including Democrat Party shills, Rachel Maddow and Ed Schultz.
Could anyone hurt the U.S. worse than our own elites?
Obama wants funds for back door amnesty and other cruel things to US citizens who are unemployed.He wants to water down the American culture before he is done.
@steven d: The U.S. is fast becoming a nation where the minorities will become the majority. It's a fact that you cannot change. So doesn't it make sense to help raise their level of education and employment? Isn't it more important to get past outmoded prejudices and self-centered greed and keep America strong for future generations?
The alternative is that we'll become essentially a third-world nation, divided into the ultra-wealthy and the poor. Guess which of those two groups your grandchildren are most likely to fall into?
We are all the descendants of Noah, Native Americans, the actual tribes all migrated over the now Bering Strait, so give me this BS of your purity form the natives, they fought and disagreed like everyone else, sin is what separates mankind form purity.
why don't you step up to the plate and prove your idiotic comments
Post a credible link that shows minorities get everything for free. Post a credible link that shows minorities never worked, never fought in wars, never paid taxes, never owned homes, never owned businesses, never supported their families.
Only ignorant backassed teapublicans think they are the only ones that work and they are the ONLY ones that pay taxes.
They are so delusional they think they support the WHOLE country. Republican propanganda for the feeble minded at it's finest.
So I'll check back and see how well you are doing in gathering your supporting documentation.
BTW-I'm white, a Revolutionary war ancestor, home owner, small business owner. Get crackin on getting your links together.
Uh, Barabas, nobody is talking about ethnic purity, weirdo. The point was that Steven D believes there was a of golden age of America where everyone was white and apple cheeked, with lots of money, and the pure culture of America was like some kind of McCarthy wet dream. Change was making the point that it is hypocritical to claim immigrants are ruining this country when we are all (unless we are Native) immigrants. How your bizarre Biblical rant fits in is beyond me.
You are absolutely right. More than half of the people in this Country either works for the government or under government contracts. Does anyone realize the deep cut will do? Many of my friends said they rather pay more tax than lost their jobs.
Great point, Old Man. Do you also understand that the US government doesn't pay those employees from profits derived from its own activities? The government must pay all those people from monies that it TAKES from other Americans.
The government is too big. That's the point. The government is bloated and needs to shrink.
Good then. We need constitutional amendment to allow people who are willing to pay more tax to pay and those who are not to keep 'em. Let's see how many pay.
Old man, by all means, lets keep all those duplicated jobs that working people's taxes pay for.The Federal government has a spotless track record of being inefficient,expensive and loaded with fraud and waste. Great Democratic Party thinking-give us more federal employees to pay for!
Why not, it isn't like the handout crowd pays for anything. it's fun to spend others money,right,old timer?
He wasn't saying he wanted more Federal employees. He just felt bad for those that will inevitably lose their jobs--like fire fighters, postal workers, social workers, Federal Officers, and the like. Good, tax paying middle class WORKERS. Federal workers pay taxes.
Old Man..@#23. Using that logic, why doesn't the federal government hire all those unemployed people? Presto, the economy would just skyrocket, and all the debt limit, balanced budget issue would be passe. There can't be any downside to that, could there? (ps. sarcasm, for those who don't understand)
OldMan, you're absolutely correct. I bigger issue than the national debt is the lackluster demand for goods and services in this economy. In other words a recession. For good or ill, the public sector is a huge employer. It also buys lots of goods and services from the private sector. Putting the brakes on too suddenly will bring our economy to its' knees killing any slight improvements that may be in the works. This will happen because of the drop in public sector purchasing and the large numbers of newly unemployed people(public and private sector) hitting the unemployment lines. We will begin a downward spiral that will take years to work out of.
The deficit does need to be managed down. But it was run up by decades of unbudgeted expenditures for various wars, fiscal catastrophes, tax cuts and natural disasters. You may recall the news talking about the Iraq war being the first war fought entirely on credit.
To de-spend our way out of this mess will need to take time. The thing about debt is that the problem compounds as interest payments take up a bigger part of the load. You need to fund your current commitments, plus the interest load, plus reduce your current term spending.
The popular view is that the crisis is just like families who can't pay for their commitments. They simply tighten their belts and spend less. That's an easy metaphor. The problem is that sovereign nations play a much bigger role in the economies. Their actions affect the entire society. Just like a family having to cut their spending drags down the overall economy a bit by lowering demand for goods and services, a government doing the same thing will do the same thing. But, much more so.
Lackluster demand is one consequence of not having a job. Government workers wages are paid by taxpayers, who, as a result, have less money to make purchases. The same financial principles apply to families and to governments. Sure there are always going to be crisis times to borrow for each. But unending borrowing at 40% more than revenues has to be controlled, or bankruptcy is the result.
Dasvet - why doesn't the federal government hire all those unemployed people? Presto, the economy would just skyrocket, and all the debt limit, balanced budget issue would be passe. There can't be any downside to that, could there? (ps. sarcasm, for those who don't understand)
You're so busy being sarcastic that you don't even realize that that's EXACTLY what the government did to get the U.S. out of the Great Depression.
The Civilian Conservation Corps (CCC) was a public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men from relief families, ages 18–25. A part of the New Deal of President Franklin D. Roosevelt, it provided unskilled manual labor jobs related to the conservation and development of natural resources in rural lands owned by federal, state and local governments. The CCC was designed to provide employment for young men in relief families who had difficulty finding jobs during the Great Depression while at the same time implementing a general natural resource conservation program in every state and territory. Maximum enrollment at any one time was 300,000; in nine years 2.5 million young men participated.
The CCC performed 300 possible types of work projects within ten approved general classifications:
Yes, let the government hire people to work on infrastructure projects, public lands and whatever else this country needs. But I suppose you'd prefer to send all that money to Iraq and Afghanistan so they can hire their people instead?
But if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
Correct Real American! I am a small business owner, that could send my manufacturing overseas, and pocket the profits for myself. Or I can continue to struggle here in the U.S. were there are people that depend on me as much as I do/have depended on them. I could feasibly live like a king, while my employees, neighbors and freinds suffure for my discission.
Many of my customers are middle class Americans, working multiple jobs just trying to stay afloat. Many have jobs in the government sector, or connected to it. I do not disagree with balancing our needs to our budget, but let's get a clear picture of the needs, then work out a proper budget.
You analogy is fine, except that " you customers in large part are also your employees" so if all " Jobs" go over seas then you customers will have to go back to ' 80 acres land a cow some goats and chickens" and you will have no one to sell you product to.. so it is a " twin edged sword" right?
If you compare the percentage of the economy that was in government jobs before the Great Depression with the percentage of the economy that is in government jobs today, you might see the folly of your implied recommendation. Might, I say, but there's no guarantee that a man can necessarily see what he points his head at.
What was the Social Security tax rate before the Great Depression? Zero.
Okay, how about after they created Social Security? They claimed it would only cost the average taxpayer a dollar a year (or some such nonsense). At that time the ratio of people working and paying into Social Security to those retired and receiving income from it was something like 20 to 1. Now it is three to one. (Or some such comparable degree of change.) Putting more people on the government payroll when half the residents pay no taxes is not feasible. That's another way of saying that it's not possible.
Or to make it perhaps a little easier for the slower among us to grasp, one working person in the private sector cannot, with the taxes on his income, support the salaries of a dozen government employees (many of whom do nothing whatever of significant value to society but merely shuffle papers from one pile on one desk to another pile on another desk) unless the government employees are each receiving only 1/12 of that working person's taxes. Even if the working person were paying 100 percent of his income in taxes (and starving therefore), the government employees would all still be each receiving only a pittance. . . . Unless the government "borrowed" money to pay those dozen government employees, . . .
which is the situation we now have. But because the voting "recipients" are becoming the "majority," they now are developing the momentum to demand an even bigger share than they now receive, which they are, and doing with increasing anger and resentment, because they are oblivious to what they are really doing: a thing which happens in every petri dish full of nutrients after its population reaches a critical mass--the whole population dies. Selfish myopia is spewing, hurling insults on those who simply want to prevent this mass die-off because selfishness cannot see beyond its own nose. But it is already too late to stop the process. What, besides food, can America supply to the rest of the world? That's where the revenue has to come from, because we're buying everything we own and use from overseas. But there is no ready answer to my question. Ask the industry leaders. Ask the intelligentsia. The "green" revolution? Please don't make jokes. What I'm talking about is serious. Nobody sane has any reasonable expectation of "green" technology producing any substantial wealth in the forseeable future. We need a wealth-generator NOW, not ten or twenty years from now. If only people overseas "needed" space shuttles. If only they "needed" government regulations. We could supply the world. But there are no buyers for these things.
Can you now see why there is a practical limit to how many people the government can hire?
Next lesson: inflation. Why doesn't the government simply print more money and hand it out to everyone? No need for jobs, just throw the money at the population and let everyone have their fill of it for the taking.
Answer: When that is done, supply and demand forces all the prices through the roof and beggarly children cart wheelbarrows full of paper money through the slums to use for building blocks because the money isn't worth the paper it's printed on. Go to the library and look for the pictures of just this thing in books about postwar Germany and other places.
People only give of their time to an employer when they receive something tangible in return. Employers (except the government) only give something tangible in return for work when the employee is producing something tangible of value for the employer.
We're not making anything anymore except for the food we produce, which is enough to keep us from starving (for the time being) but not enough to buy boatloads of new cars or timber for new homes. The computer-fueled dot-com gold rush of the 90s is over because the computer makers killed the golden goose by making ever less reliable systems that cost ever more to maintain (you can't replace a computer without buying all the software that goes with it) even while the cost of the hardware was falling through the floor. How many companies are on a spending spree nowadays to upgrade their computers? None. Nada. Zero. Zilch. Why? Because the MIcrosoft philosophy that gave the U.S, the world leadership in information processing a decade ago killed the whole marketplace. Who wants to buy a truckload of headaches in a new computer that we now know will be obsolete in five years? When you buy a screwdriver or a wrench, you expect to get some use out of it for a while. Our new, sophisticated tools are not so useful, after all, it appears. Now, even the software-based jobs are disappearing overseas and won't be coming back.
The barn door is open, the horses have fled, and the grain stockpile has all blown away.
Capitol Hill is dithering, swapping deck chairs on the Titanic after the iceberg has already done its fatal damage. They know it. They just don't have the courage to tell you that, because then they lose their jobs and go to the poorhouse sooner than later.
They're all probably already dancing to the tunes being dictated in Beijing, from the head on down. They probably all know it, too. But they'll never tell you about it.
The rest of the story is all on a fixed track and pre-written; the interconnectedness of all the world guarantees it.
Either there exists the miraculous, life is eternal, and there is hope for the individual in God,
or your species is on the verge of extinction and nothing man can do will fix that.
If you're not facing THIS future, you're not living in reality.
If you compare the percentage of the economy that was in government jobs before the Great Depression with the percentage of the economy that is in government jobs today, you might see the folly of your implied recommendation. Might, I say, but there's no guarantee that a man can necessarily see what he points his head at.
What was the Social Security tax rate before the Great Depression? Zero.
Okay, how about after they created Social Security? They claimed it would only cost the average taxpayer a dollar a year (or some such nonsense). At that time the ratio of people working and paying into Social Security to those retired and receiving income from it was something like 20 to 1. Now it is three to one. (Or some such comparable degree of change.) Putting more people on the government payroll when half the residents pay no taxes is not feasible. That's another way of saying that it's not possible.
Or to make it perhaps a little easier for the slower among us to grasp, one working person in the private sector cannot, with the taxes on his income, support the salaries of a dozen government employees (many of whom do nothing whatever of significant value to society but merely shuffle papers from one pile on one desk to another pile on another desk) unless the government employees are each receiving only 1/12 of that working person's taxes. Even if the working person were paying 100 percent of his income in taxes (and starving therefore), the government employees would all still be each receiving only a pittance. . . . Unless the government "borrowed" money to pay those dozen government employees, . . .
which is the situation we now have. But because the voting "recipients" are becoming the "majority," they now are developing the momentum to demand an even bigger share than they now receive, which they are, and doing with increasing anger and resentment, because they are oblivious to what they are really doing: a thing which happens in every petri dish full of nutrients after its population reaches a critical mass--the whole population dies. Selfish myopia is spewing, hurling insults on those who simply want to prevent this mass die-off because selfishness cannot see beyond its own nose. But it is already too late to stop the process. What, besides food, can America supply to the rest of the world? That's where the revenue has to come from, because we're buying everything we own and use from overseas. But there is no ready answer to my question. Ask the industry leaders. Ask the intelligentsia. The "green" revolution? Please don't make jokes. What I'm talking about is serious. Nobody sane has any reasonable expectation of "green" technology producing any substantial wealth in the forseeable future. We need a wealth-generator NOW, not ten or twenty years from now. If only people overseas "needed" space shuttles. If only they "needed" government regulations. We could supply the world. But there are no buyers for these things.
Can you now see why there is a practical limit to how many people the government can hire?
Next lesson: inflation. Why doesn't the government simply print more money and hand it out to everyone? No need for jobs, just throw the money at the population and let everyone have their fill of it for the taking.
Answer: When that is done, supply and demand forces all the prices through the roof and beggarly children cart wheelbarrows full of paper money through the slums to use for building blocks because the money isn't worth the paper it's printed on. Go to the library and look for the pictures of just this thing in books about postwar Germany and other places.
People only give of their time to an employer when they receive something tangible in return. Employers (except the government) only give something tangible in return for work when the employee is producing something tangible of value for the employer.
We're not making anything anymore except for the food we produce, which is enough to keep us from starving (for the time being) but not enough to buy boatloads of new cars or timber for new homes. The computer-fueled dot-com gold rush of the 90s is over because the computer makers killed the golden goose by making ever less reliable systems that cost ever more to maintain (you can't replace a computer without buying all the software that goes with it) even while the cost of the hardware was falling through the floor. How many companies are on a spending spree nowadays to upgrade their computers? None. Nada. Zero. Zilch. Why? Because the MIcrosoft philosophy that gave the U.S, the world leadership in information processing a decade ago killed the whole marketplace. Who wants to buy a truckload of headaches in a new computer that we now know will be obsolete in five years? When you buy a screwdriver or a wrench, you expect to get some use out of it for a while. Our new, sophisticated tools are not so useful, after all, it appears. Now, even the software-based jobs are disappearing overseas and won't be coming back.
The barn door is open, the horses have fled, and the grain stockpile has all blown away.
Capitol Hill is dithering, swapping deck chairs on the Titanic after the iceberg has already done its fatal damage. They know it. They just don't have the courage to tell you that, because then they lose their jobs and go to the poorhouse sooner than later.
They're all probably already dancing to the tunes being dictated in Beijing, from the head on down. They probably all know it, too. But they'll never tell you about it.
The rest of the story is all on a fixed track and pre-written; the interconnectedness of all the world guarantees it.
Either there exists the miraculous, life is eternal, and there is hope for the individual in God,
or your species is on the verge of extinction and nothing man can do will fix that.
If you're not facing THIS future, you're not living in reality.
Well, perhaps, Toby, a few of the "baggers" must have a small amount of intelligence or they would have really pressed for not raising the debt ceiling and throwing the entire country into default and screwing up the credit rating. But all this is just a form of ransom that they tacked on all this crap to raise the debt ceiling which has been raised numerous, numerous times under - wait for it - republicans as just in the ordinary course of business.
Even a liberal like myself agrees that spending must be CUT. The democrats even agreed to put Social Security and Medicare, entitlements, on the table. That's a first. But just cutting all services that could possibly help the middle class while not daring to touch subsidies for corporations is not only beyond understanding, it's going to hurt the republicans. And the republicans are going to hurt my country. Revenue must also play into getting us back on our feet.
If this is another ploy to make sure that President Obama is only a one-term president, they have miscalculated. There was a reasonable chance that he could have been a one-term president before this. Now, the sane conservatives, independents and, of course, the democrats are not blaming President Obama. They are blaming the republican tea bagger House.
I've been disappointed so many times with President Obama, who is a centrist all the way - this liberal knows that - but I was pleased with what he and the democrats were offering
BabyBoomer, the republican / teabagger montra is "The War Machine is Great!" and "Whatever is best for the rich". If they aren't able to wake up in the morning and feel like they have their foot on the throat of everyone, it just saddens them. They are a bunch of worthless miserable people that enjoy spreading their misery.
@BabyBoomer 48: Agreed. The Republicans are playing a dangerous game of chicken here and they will have a price to pay for their stubborn refusal to compromise. They flatly refuse to make huge corporations and wealthy individuals pay their fair share of taxes, based on the ideological premise that those are the job creators, and that taking more money from them would hurt job creation.
It's a lovely theory, but it has no basis in reality. The rich pay only a tiny portion of their income in taxes, and corporations are given a pass at tax time. This has been going on for years. So where are all the jobs that this system supposedly creates???
This is excellent news. While there has been no real plan offered by the Democrats, we have another plan that passed the house. I guess that the Democrats have enjoyed over 800 days without writing or producing a budget. Here's the news folks. We hit the debt ceiling in May 2011. Obama and his party of spend, spend, spend.
Yeah Robert, really excellent, isn't it?? A balanced budget amendment that has to be ratified by the states before the next "scheduled crisis" in December can be discussed? Do your tea bagger heroes even have any idea how their own government even works?!? Or how long it takes to get something like that passed, even when most people are in favor of it? Never happen before Dec. And on top of that, it only cuts about a fourth of what Obama offered weeks ago! But they couldn't go for that because it included a small amount of revenue to go with the larger cuts. Can't have the richie riches paying a few extra dollars to help out, now can we? Nope, that might mean a few less dollars for the tea bag campaign coffers. OR, God forbid they dare to break their promise to Grover! Yeah Robert, excellent piece of political BS posturing!!!
Robert do you have any idea how spending bills are made in Congress? Reid has a plan but can't initiate it until the House sends the Senate their bill. The President can't write legislation either.
JTK---- the Dems are the ones spending and taking it from the poor or law abiding tax payer...."bow down before the one you serve your gonna get what you deserve.." so you ignorantly giving your heroes a free pass all the while allowing govt, to do business as usual, wasteful as usual, then blame the "greedy" capitalists huh?Dems where a cloak of "helping" the weak,,announce it with trumpets, hypocrites.
Bobbgy, In my family we are forced to increase our revenue, or we pay the consequences....home/car repossessions My family all pay into the good of the household, and is based on the financial ability to contribute. Many in my house, including myself work multiple jobs. With that said, we did cut back on everything that we could before we increased our revenues.
Rich people didn't get all that money by sitting around waiting for politicians to come and take it from them just whenever the mood strikes.
Rich people put their money into tax sheltered investments in times of higher tax rates. They invest in business ventures in times of lower tax rates... and they move money offshore in times of extremely high rates of taxation.
The only way to prevent this is to relinquish your own right to pursue property... did you know about the natural right to pursue property?... And if you do that then there is no reason to have taxes of any kind... at all... whatsoever... because... if you have no property rights... you have nothing to tax.
We fought a war over this... George Washington was in charge of it... the result was a Republic...
Horse-pucky. Boehner claims that he put revenues on the table. When? In any case, the only bill that he could possibly get through the house had less than a trillion dollars in cuts and would force us all to relive this in 6-9 months. Who knows what idiotic promises he made to the die-hard repubs in order get the thing through?
ho fat...liberals have guns too. Many of us believe in the right to own weapons. We are just smarter about who should have them, and effectively teaching ourselves and others where and when to pull them out ;-). For instance, if the far-right religious conservatives were to try and crash the economy so that they could re-create the US into a theocracy, for instance, as seems to be the more likely case.
Jonnyth, I'm with you if you mean we tax every penny of income from every person and company in the nation. Doesn't matter whether that income comes from a poorly run welfare system or a well run business. Problem is, when liberals call for raising revenue (that's a word used in place of the word taxes), they are talking about raising taxes on others. They want their revenue to remain in their pockets. It's very clear that Obama wants a debt ceiling that will give him the money to buy more votes from those that want what others have just because they have it. This whole debt ceiling debate has cut into Obama's campaigning time.
Sorry Ron, no sympathies for the extension of the Bushy/Obama tax cuts. If you and the TPers are bent on cutting benefits for some then you had best be willing to put all bets on the table. That includes closing tax loopholes, reduction or end to farm subsidies, oil-drilling subsidies, profits made by sending jobs overseas, etc. And by who's measure is the welfare system poorly run? Is it any less better run than the corporate welfare systems that we have that build ships and airplanes that the military has clearly stated that they don't want?
You should also know that this argument does not cut into Obama's campaign time, it promotes his message. Sorry dude, but most of the country is looking squarely at Mr. Boehner's inability to reign in his own TPers. If you have doubts about that then look at the poll numbers for Congress...not to mention the polls on MSNBC.
ROY WILSON-336103, you're confusing the libs with facts and you know they are allergic to truth.
Obama is trying to cram down the throats of the Republicans more crap - just like he did with Obamacare - with one concern only: his re-election. There is no bipartisanship, not with Obama, Reid and Pelosi doing everything in their power to torpedo anything and everything the Republicans are sending to them. Sadly, in the end, it is the sheeple that will believe that it was Boehner, et. al. that caused the default. But history will show it was really the Dems.
For those Dems that disagree, prove that there has been bipartisanship in anything since Obama took office.
Take a look at Obama's counter proposal to Boehner. He met him more than half way. Even Norquist has stated that ending the Bush tax cuts is not a tax increase. What is wrong with more revenue to allow the Fed to work on getting people working again, which, by the way, the GOP ran on, and have done nothing to implement. We cannot get the economy going with tax cuts and spending cuts alone. It leaves no means for promoting jobs of any kind, other than waiting for Corporate America, which now has 1.7 Trillion in profits sitting around along with almost another 3 trillion overseas, yet they have not created jobs!!!! How much more in profits and tax cuts do they need before we will see job creation?
History will show the GOP brought this upon us, choosing economic terrorism over allowing the voters to decide who is right in 2012, and simply passing a debt ceiling increase, with no strings attached. As it is, 73% of Americans want to see tax increases on the top 2%. How does that fit into your analysis?
73% of Americans want to see tax increases on the top 2%. How does that fit into your analysis?
Oh now there's a shocker. 73% of America is comprised of a bunch of envious underachievers. Everyone is always OK with other people's taxes being raised to provide them with a handout. Everyone always thinks confiscating other's hard earded money to support their lazy ass is fair.
I am one of 73% percenters and I see who's the GOP protecting, and thats why they need to be "One Term GOPers". Vote the entire Republican party out of the Government across the nation. They're backing all the major business who "Pimping" the United State consumers.
I am one of 73% percenters and I see who's the GOP protecting, and thats why they need to be "One Term GOPers". Vote the entire Republican party out of the Government across the nation. They're backing all the major business who "Pimping" the United State consumers.
Yeah, "major businesses" like GE right? You know, that Democrat supporting big business that didn't pay one penny in taxes after showing over a billion in profit? pffffff... get real!!
Now that the Democrats said NO to a balance budget amendment for our Constitution, America's future is now brighter. Yes sir, conservatives will gain control of the Senate and Presidency for sure come 2012. America has no choice but to consider being fiscally responsible since spending hasn't helped; rather, made things worse.
JPSOTW says that the 73% of you who want fair taxes are just a bunch of lazy, envious underachievers.
Guess that tells us who he works for, right?
Hey, JPSOTW, can you explain why corporate tax revenues are now only 9% of all federal revenues? Do you really think those corporate "people" only make 9% of the income in America???
36% of federal revenues are PAYROLL TAXES, by the way. And those are ALL paid by that "lazy, envious" 73% you're dismissing. If they stopped paying those, where would your corporate friends be?
Why was the bill blocked?! It was blocked because it wasn't balanced, it only added additional cuts,with no tax increases (for the wealthy), now when the "GOPhers" add tax increase, their bill will get passed. Remember, the president already has the power to raise the dept ceiling.
And the only way the we will get back on top of world is by making our nation prosper, by becoming the pimps (making money from other nations) and stop being pimped out (spending money on other nations products).
Look at all the products you own and see where it's made.
Debt is very bad, it is frowned upon in the bible and is discouraged. How much better economy if our people in office followed a more biblical lifestyle in their decision making
We were pying down our debt before that "Christian" George Bush took office. In 2000, as Bill Clinton (the sinner) was leaving office, we had a 750 billion budget surplus and we were well ahead of schedule to pay our debt off by 2010. This pay off plan was worked out between Clinton and the republican controlled house and senate in the 1990's, it was working well until bible thumper Bush got hold of the presidency and spent us into oblivion at the same time he was cutting taxes for the filthy rich.
Steve- Get your facts straight. This country, since its origin has never had a surplus. Clinton rode the George H. W. Bush tax hikes that lost him his election. George W. Bush is no longer President. It is time that the Obama Administration stepped up and take accountability for their work. Republicans are the only ones trying to bring the debt of our nation down, and the democrats will not help. What say you?
Dude you need to study politics. Republicans had house and the senate when Clinton was in office they made sure he couldn't do anything to hurt the economy.
When Bush was in office Democrats had house and the senate. So it was either Bush did what they wanted or he was going to get ran over by left wing extremist's.
So why don't you and your fellow nazi communist democrat buddys go to North Korea or China where you worthless idiots will be comfortable having your freedoms taken away that the Republicans are trying to save.
Dude, YOU need to study political history a bit. The Republicans, with Gingrich as speaker, tried to shut down the government. It was a flop, Clinton saved your butt. Bush was even a bigger flop than Gingrich, "mission accomplished". Did you read today's headline about Iraq? If you think you are going to help the Tea Party with your foul language and kindergarten comments, think again. But thanks for convincing most of us that you right wingers are too extreme to be trusted.
"We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you)."
To make a claim like that requires statistical proof on your part, not ours. You can't say something like "Blah blah blah this is how it is, PROVE IT!" I don't know your educational background, but try learning about MLA formating and proper citation. Evidence is required, my friend.
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let's put the 2011 federal budget into perspective:
U.S. income: $2,170,000,000,000
Federal budget: $3,820,000,000,000
New debt: $ 1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $ 38,500,000,000 (about 1 percent of the budget)
It helps to think about these numbers in terms that we can relate to. Let's remove eight zeros from these numbersand pretend this is the household budget for the fictitious Jones family.
Total annual income for the Jones family: $21,700
Amount of money the Jones family spends: $38,200
Amount of new debt added to the credit card: $16,500
Outstanding current balance on the credit card: $142,710
Amount cut from the current budget: $385
So in effect last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. Cut $385 of spending in order to solve $16,500 in deficit spending? Will this work? Hmmmmmmm!
It is a start, although hardly a solution.
Now after years of this, the Jones family owes $142,710 of debt on its credit card, and can barely pay the interest each month.
You would think the Jones family would recognize and address this situation, but it does not! ...............Neither does Congress.
The root of the debt problem is that the voters typically do not send people to Congress to save money. They are sent there to "bring home the bacon" to their own home state. Sort of like the "Gimmee Tribe".
To effect budget change, we need to change their job description and give Congress new marching orders.
It is awfully hard (but not impossible) to reverse course and tell the government to stop borrowing money from our children and spending it now.
In effect, what we have is a reverse mortgage on the country. The problem is that the voters have become addicted to the money. Moreover, the American voters are still in the denial stage, and do not want to face the possibility of going into rehab.
Bobbyg... Excellent example!!!! But the name-callers have to read and hopefully comprehend the whole concept. We cannot continue the excessive spending levels and expect this country to survive. It just won't happen. And since Congress does not know how to regulate itself, it is time to put a limit, "cap" on spending, and REQUIRE a balanced budget every year... NO EXCEPTIONS. Cut up the credit cards (borrowing) and live within means (revenue generated) in order to have a stable economy. One party will never get this concept as they seem to believe they can continue excessive pet project spending forever and no one will have to pay for it. WRONG!!! I could care less about parties or platforms, it's just plain time to get real with managing money ON ALL LEVELS in this country. Too much bankruptcy, and next it WILL BE the U.S. government if there is not serious change.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
realamerican - if you listen to pelosi, she seems to know where shangri-la exists, here in the USA. All one has to do is ignore that about 40 % of our revenue goes to what, paying interest on our debt? Not to hard to see where we are headed. What happens when it becomes 50% or 60%? Think pelosi's shangri-la will still support all the programs she propagandizes on that SHE and OBAMA SAYS that the right wants to eliminate? No matter how much "let the wealthy give just a little more" they speak of it will never be enough to sustain the programs as they exist today. Then what? Tell the middle class that it is now their turn to give a little more.
Interesting that the left still wants to paint the right as the bad guys because they continue to say that our debt load is getting out of control and the left thinks that it is just fine and that rehetoric is all that is needed to fix it. To obama it is just a matter of controlling health care provider costs. To reid it is just a matter of bring the troops back to save $1 trillion over 10 years. For pelosi it is just stopping the absurdity.
Rather telling when obama automatically threatens to veto any house bill by boehneror, that reid moves to table the houses legislation without giving an alternate senate plan. I wonder what input pelosi and the left put forth in the house to come up with balance. Surely she knows that obamas tax cuts expire after 2012 which will automatically give nearly a $1 trillion in a revenue increase.
Also telling, is that you ignore that without the hope of demand from the end users, business has little incentive to hire more workers for a product with a perceived limited demand. Should Americans think that the private sector should hire workers to just sit on their hands doing nothing? Bet those with retirement plans and investors are just tickled to think that $$$ are diverted in this manner. It is no wonder that jobs are considered lagging indicators in a recovery.
american - nothing you say makes very much sense. The programs that the republican right want to eliminate never contributed to the debt until right wing presidents borrowed against them to pay for things off budget (wars, privatization of Medicaid, etc.). The "entitlements" (as the right wing likes to call them) being broken is a right wing talking point with little fact.
Obama vetoing the idiological budget bill is because every credit agency has called for a long term increase in the debt ceiling. So what do the repubs do... make this all political and call to increase it for 6 months. They are playing with the election process, and that is obvious to those who pay attention.
Also telling... is that you ignore that demand from the end user is caused by middle class having disposable income. How can this be created by giving the wealthy tax cuts???? It can't. The wealthy do not create jobs by stocking more money into their off shore accounts. The "job Creators" is another stupid talking point with no fact
I don't see any lies and he is absolutely right that demand is the problem with our economy. If noone has the money to buy a widget it doesn't make sense to hire more widget makers. Giving a taxbreak to the widget factory owner doesn't solve that problem.
redsky is correct! Social Security was set up to be funded by working people putting a percentage of their pay into it weekly and upon a certain age they would receive the benefit of their lifelong savings in a monthly check.
The workers Social Security Trust Fund in good faith and trust, put the management of their Funds into the hands of our Government. Wrong move!
Everyone knows the rest. We let our guard down, the government took loans out against the trillions of dollars we put in, and then when they didn't want to pay us back our money anymore, they started saying Social Security was the biggest part of their debt problems.
Well! Social Security is a big part of their debt. They borrowed our Trust Fund money and they have to pay us back. Just like they have to pay their loan obligations by August 2nd. Only difference is our Trust Fund money is a thorn in their sides, because they rather not admit that they spent our Social Security savings.
When speaking of "entitlements" why are those of you who laud corporate and business interests conveniently forget they are not only the lowest contributors of revenues, they are also almost entirely the destination for every dime of "entitlement - to name a few - no reimbursement to local government for pollution damage, utility construction road, communication and materials/goods transportation construction, no reimbursement for wages that make workers eligible for social support programs like food stamps, energy assistance, childcare assistance and various forms of Medicaid. It is absurd that the CONSUMERS of human and environmental resources should have a pass to not pay a reasonable share of the actual cost of doing business. To claim they are making a profit when these costs are passed to the taxpayer is an outright fabrication.
In essence, if they cannot stay in business without that substantial chunk of the local, state and federal revenues paying their support, they need to be recognized as the public entities they are and be levied accordingly against their income.
There is no excuse for a taxpayer to turn over so much of their income to finance business "success".
Let's all recognize who are the real consumers of "entitlements" and stop calling the programs people fund with their income by that name, shall we?
redsky and domingo - better recheck your history LBJ put the SS trust fund into the general fund back in the 60's to fund the vietnam war or his war on poverty, your pick.
Reagan and Tip Oneil revised SS in the 80's to try and maintain solvency. I think that it was at this time that the supposid SS trust fund was replaced with treasury IOU's that have never been redeemed.
I think that SS disability was added to the SS benefit package with little regards to funding as well, not saying reagan/oneil did it but some politicians did.
While you both say directly (redsky) and imply (domingo) that the right did all this the historical facts say otherwise, It was a bipartisan effort to be irresponsible. Also consider that once funds are mixed, one can't say with any certainty on how or where revenues were directed in any specific manner. Rather by percentages only. Consistant deficit spending doesn't help either.
It currently takes about two workers to fund SS payments to one beneficiary and we started out with many times those numbers contributing to each benificiary. What do you think will happen as the baby boomers start enrolling and the government has to start redeeming those SS IOU's.
BTW those treasuries have interest attached to them, interest that also adds to our debt.
Perhaps it is different in your state, but here in iowa I have never heard of any business getting a government pass on EPA regs or any regs for that matter.
As for your other comments on tax abatments and utilities, ever stop to consider that the broadening of the local tax base through more jobs more than makes up for any temporary gifts government gives them?
Ames, iowa would largely still be a university town without the city and sometimes the state wooing companies like Sauer-Danfoss, 3M, Barilla, Ball corp, Hach chemical and others to relocate to the Ames area. In case you haven't noticed, competition by state and local governments is very competitive when it comes to attracting business into areas for their creation of a broadened revenue base.
Corporations the lowest contributors?? Not hardly! When you look at what they really do, provide jobs along with the resultant trickle effect those jobs create as they spend their $$$ earned thru their local and state economies. Add to that the fees and taxes they pay out to government entities probably makes them the largest group of contributors.
Why not call private sector businesses what they really are, revenue creators for all the government give away programs, defense, education, aid to a variety of communities in times of natural disasters and charitable contributions far in excess of any government programs to name but a few.
What you say is half true. Consult your state government for the years of tax breaks and financial help they receive for locating their companies in your state.
That is your tax money they are being gifted with, for moving to your state. What tax breaks have you received, or have your taxes been increased to accommodate the companies moving there. Did the company move from overseas' or from another state?
Do we need these companies here in the united states? yes. This is where they made their start up. They moved for cheaper labor. What is the wages they are going to pay?
Virginia in AZ: There is no resulting loss of tax money in most cases when a state offers tax breaks to company's for relocating to the state. While it could be argued that the state is losing money if the company doesn't pay taxes, it simply doesn't wash. If the state hadn't offered the tax breaks, the company wouldn't have relocated there, so there would have been no tax revenue in the first place.
What tax breaks as we received at the same time? In essence, quite a bit. With more employment in the state as a result form the company having moved here, we are increasing our revenue (through personal income tax due to new employment), thereby not having to raise taxes to support various programs.
The U.S. needs to do something to bring jobs back to America. It is far beyond my comprehension (and apparently our lawmakers) of how that can be accomplished under our current free enterprise system. Simply making companies pay more in taxes won't resolve the problem. It probably would serve to exasperate it. If they are charged more, they may move all of their operations overseas and cease to employ any Americans.
We have several cases here in Mass were the corporations received money to grow and develop jobs, the lastest Boston Scientific which is using the money to shut down Jobs here in Natick and move to China. Or the solar panel comp which received $50 Million to set up in Westborough. They never did, they took the money and decided to move to China. Beside the fact that these politicians here are complete dopes to grant money without a clawback guarantee with interest it shows that these corporations seem to see their future in China.
Why do we not tax everything they import back here from China? Why is there always the argument of global trade when it has shown again and again that this is only a one way street. Levies and Taxes on imported goods, this will quickly turn around and from the imported good money we can finance small business that will develop real jobs here in this country. The big ones are anyhow only paper tigers with address in the Cayman Islands and Dublin to hide taxes and defraud the American People.
Grandma, they attack you cause they always go for the weakness, plus, this Generation of Repo/Teabaggers feel so inferior to you. I know it's sad, but true.
Baseballmaike, what kind of weird rant is that? Not that most of the younger generation isn't inferior to us seniors, it isn't the Tea Party members. Its those that support Obama. I must admit I have not given him credit for all the jobs he has created though.
"Ex-Im Bank approved a $2 billion preliminary commitment to encourage purchases of U.S. goods and services by Petrobras, Brazil's national oil company. Petrobras anticipates that it will invest $174 billion in development over the next five years."
That would the EM-IM bank controlled by the President. I'm sure the brazillians appreciate the jobs he is creating for them. By the by on 60 minutes tonight there was a story of the fantastic economy going on in Brazil and how their largest customer for oil is China. I wonder if that money to Brazil was part of the loan deal we got from them. I guess that is what Obama meant when he said he was going to create jobs. You guys were just niave enough to think he meant here.
Meanwhile back at the ranch, we do without jobs and Obama won't let the oil companies here even drill at their own expense, instead wasting billions of stimulus money on what he calls "green energy" that won't make a profit or creat jobs for decades to come, other then those "saved or created" by our tax dollars for a select few.
I guess it must be that Obama supporters really don't care about jobs here since they are either trust fund libs or on the dole and expecting more.
By SUSAN HAIGH and DINESH RAMDE Associated Press, July 31, 2011
The cost of the compromise needed to raise the federal debt ceiling will likely inflict more fiscal pain on states still struggling to recover from the recession and the end of federal stimulus spending.
While the details of the spending cuts to states remain unclear, lawmakers from both parties have discussed the need to cut or impose caps on so-called discretionary spending over the next decade.
That could mean wide-ranging cuts in federal aid to states, affecting everything from the Head Start school readiness program, Meals on Wheels and worker-training initiatives to funding for transit agencies and education grants that serve disabled children.
There also is concern among governors, state lawmakers and state agency heads that Congress will make deep reductions or changes in federal aid for health services for the needy, most notably through Medicaid. That could shift more of the costs onto states that already are having trouble balancing their budgets.
I think Obama has done his job until presently, he is ending the monopoly that drained the people in the US and eventually that is why some of the parasites in congress are doing the impossible to stop him. Unfortunetly, this deficit is a task that cannot be fixed in one day and patience is something we ought to learn, after all he's a president, not a wizard. Now that these cuts are hopefully about to happen to not only to the citizens but the military as well, its about damn time that everything is equally distributed and acknowledge that tax deductions or increments is not the only card in the table that can be played if we want this nation to prosper.
Realize the fact we didn't have all the taxes and fees we have today.
Realize the fact the democrats ONLY talk about income tax and not the several taxes businesses do pay.
Do we as a nation need to see our costs of living sky rocket so the government can live oppulent lives while we live with larger and larger costs of living and slide closer an d closer to Greece? We are not far from Greece. We are in the worst ten indebted nations. This fact tells me stop growing the Liability side of the nation (Government) and worry about growing the Privet sector (Asset)
For those of you who want to see the day taxes are again 92% try that with your money throw that amount away and live on the rest. Good luck and today it is easy to leave the usa. good luck getting anyone to pay those taxes.
While we are pointing fingers at reagen lets not forget president kennedy whose tax decrease spawned a ten year boom in the usa.
Face the math government is a liability (government is always subtraction) and the privet sector is a asset ( privet sector is always addition). These math facts will never change.
Back in your good old days when taxes where high all of the taxes and fees we have today did not exist. The reality of our situation is either we learn to give government less and allow more people to suport the nation or we simply see our jobs leave to more tax freindly nations.
Privet sector Jobs don't need us we need them and I dont mean lets dig a hole to china jobs the government produces at a loss i mean main street jobs that take people off the government rolls. these are assets. GOVernment Liability.
say it as many times as is needed until you get the math.
Want jobs? want an end to business entitlements that steal the quality of life from your community and the income from your pockets? Stop believing the people that tell you giving the incentives to business is the way to have the Goose that Laid the Golden Egg. It isn't. It is a big, fat rotten Goose Egg the workers, community and taxpayers get when business "entitlements" overrule business "performance". It all comes down to the consumer. Not the producers of consumables who can't make a product without taxpayer subsidies on every level.
Again, I state. What the taxpayer receives after paying into the funds are not "entitlements".
“The top thing they are looking at is location, then the education level of their work force, followed by infrastructure like transportation or technology. Then they look at local competition and do they have room to grow. Taxes are always far, far down the list.”
That's a quote from the Ames Tribune just this last May, american 2051576. Talk about your own community when you really know what's happening. In Ames, the incentives are beyond what the community can recover if what the Republicans propose is allowed to move forward. Communities get burned with business incentives every single day - and every single day companies move to China and elsewhere that the investment in infrastructure, technology and education has been made.
So who says infrastructure, education & technology will get the economy moving again? That guy in the White House the Republicans and Tea Party is hell-bent to get rid of.
Pointing to a business like Ball corp in Ames (a company that began long before "entitlements" to businesses) is ridiculous. Want to tell us instead how much Pella cost the community because it didn't stick around? I happened to hear an interview with the Owner of Pella. Their business dropped off dramatically when the Energy rebates ended. They can't survive without $$$ in the consumer's pocket, even when it comes from "stimulus" spending, that's where the $$$ need to go. Tax breaks & incentives didn't save that facility.
Also, unless the minimum salary to any employee is $30K per year, the worker STILL is subsidized by some public safety net program and the business is not making profits by meeting the cost of doing business and beyond - it is claiming profits by skimming the taxpayer.
Where is all the no raising the debt ceiling from baggers? Time for some new bags to replace the two faced bags. This is bipartison also, the GOP and Baggers.
Republicans are all douchebags.
They will go against ANYTHING Obama does or says...even if it's something they like...just to try to belittle the President.
Obama - "The time for putting 'party' first is over," he added. "It’s time to step up and show the leadership the American people expect."
As he continues to refuse to offer a proposal, and continues his partisan attacks on the Republicans.
Who's responsible for the Budget Deficits and the Debt?
While it's tempting to blame the President for Budget Deficits, it's actually the responsibility of Congress to pass a spending budget, which establishes the amount of the Deficit each year and any required borrowings on the Debt. So what does the record show, based on who controlled Congress over the last 30 years;
DEFICITS ($7.304 Trillion)
Total Deficits when Democrats controlled Congress (12 years) = $5.022 Trillion.
Total Deficits when Republicans controlled Congress (10 years) = $1.219 Trillion.
Total Deficits when Congress was split (8 years) = $1.063 Trillion.
NEW DEBT ($12.654Trillion = 93.3% of all the Debt in our History) (a)
Total New Debt when Democrats controlled Congress (12 years) = $7.623 Trillion.
Total New Debt when Republicans controlled Congress (10 years) = $3.260 Trillion.
Total New Debt when Congress was split (8 years) = $1.771 Trillion.
Spin it all you want, but these are the FACTS
(a) – Contrary to popular belief, the National Debt increases far more than the Deficits for each year.
Sources - Democrats controlled Congress from 1987 – 1994, and from 2007 – 2010. Republicans controlled Congress from 1995 – 2000, and from 2003 – 2006. There was a split Congress from 1980 – 1986 and for 2001 & 2002. The government site to verify National Debt increases is;
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
The government site to verify the Deficits for each year is;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
I'll let the facts speak for themselves as to which Party is more fiscally responsible.
The Tea Party is this nation's only hope. We need less government, less spending, and a balanced budget amendment. Cut spending now. CUT, CUT, CUT. No more taxes. We pay too much tax already.
We must, absolutely must stop spending our kids and grand kids money. We are running up huge bills that we will never pay back or even be able to pay back. We are borrowing and spending money we don't have. We will then retire or die and leave the bill to our kids and grandkids to pay. We ought to be ashamed. How selfish. How irresponsible. How shameful. Are we that self-centered and selfish? I hope not. Can other folks not see this as an evil that must be corrected?
So, who's going to cut spending? When are they going to do it? The Republicans and Democrats don't have the guts to do it. Makes too many people mad. But how stupid do you have to be to spend money you don't have, year after year after year? The answer is obvious. Stop spending now. Is that cruel? Is that unkind? Is that uncaring? Is that unfeeling? No, it's just realistic, solid financial advice, it's just common sense.
Here's the funny thing about the tea party. It exists only in the minds of rational, responsible taxpayers, who have been digging into their pocket for years to pay for this stupidness. And guess what, the tea party is not afraid. It doesn't have a national candidate. All of its candidates are all local. Liberals from states like California and New York (states that are basically bankrupt) cannot "vote out" South Carolina, Oklahoma and Iowa tea party candidates! Pretty amazing and the liberals just don't know how to handle it. The tea party folks are truly a force to be reckoned with, my friends, a force to be reckoned with indeed.
its pretty clear Boner and his cronies want to ruin America on Obama's watch, and it's the only thing you can say they're doing a damn good job at. the rest of the world is laughing at you and your immature, incompetent politicians
Papa G, since Obama nd the Democrats got us into this mess, how could Boehner be trying to ruin America. Ruining our great nation is the business of the Democrats. RINO Republicans like Bush have let them get away with it for too long.
papa g-2380005 - the only person or people who want to RUIN this country is odumbo and his cronies!!!!!! Stop drinking the kool-aid and open YOUR EYES!~
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
The teaparty stands for nothing but the collapse of the USA.
To all you Republicans - you elected liars and whores to office. They answer only to big business and the rich and are laughing as they ruin all of our lives. The worst part of it is, the GOP used to be a party you could respect. No more. As for the Peter Principle, Roy - you sent the epitomy of the Peter Principle into office when you elected Bush - don't even go there with Obama who is intelligent and doing a good job with the crap Bush left.
Roy
The teabaggers, birthers and right winged facist all need their prolixine and prozac script doses upped. Because they are all kooks. They have been wrong on all counts since they came in office. They are going suicidal and want to take the rest of the country with them. They belong out of office and in mental institutions. The only good thing coming out of this is that the entire publican party will be forced out of office for decades
Roy, It's not too late to see a Democrat challenge to Obama. Obama is clearly not qualified to run for President. Easily the worst President in modern times, and possibly ever.
"Never, never has there been an intentional disaster perpetrated by the very people who were sent here to be the caretakers of this country"
the broad that said this is exactly right ...and she is refering to the Senate Demolosers that shirked their Constitutional duties and have not passed the budget that they were supposed to have done back in October of 2010...they would have seen then what needed to be done , the liberal lemmings of this nation have been breathing Reid and Pelosi and Obama fart gas for so long that they will never recover from it...oh well , thinning the hurd never hurts
whenever someone tells me to "stop drinking the kool-aid" I can't help but laugh. its such a ridiculous way of discounting those with intelligence, an education, and/or an informed opinion. I dont stand to lose much when your country goes down the drain, maybe its you people who should "stop drinking the kool-aid" and elect some politicians that dont act like 5-year-olds when they dont get what they want
Here's the proposal, Roy Wilson. Don't you read a paper, at least?
This is from the NYT, but it's in other places also. "In July, President Obama pushed for a sweeping $4 trillion deficit-reduction deal that would include reductions in Social Security, Medicare and Medicaid as well as changes to plug tax loopholes. The House Republican leader, Speaker John A. Boehner, expressed interest, but quickly backtracked in the face of protests from conservatives opposed to tax increases.
As the drive for a deficit deal slowed, it became clear that disagreements were less over dollars and cents than a broader clash between the two parties over the size and role of government. There is also a divide between older Republicans, who remember the budget showdowns of the 1990s in which they were outmaneuvered by President Bill Clinton, and a younger, more absolutist wing of the party."
BTW, MUCH bigger cuts that the repubs wanted.
Shiela, you obviously have no clue what the Tea Party is all about.
ROY why would the president have to have a plan. Isn't it congresses job to draft bills. You can not draft a clearly one sided bill and keep saying we passed something were done.
The Republicans in 2010 ran on a platform of reigning in spending and big government and that is what they are doing. They do not trust the Democrats after that fiacso they pulled on the budget that almst led to a shutdown. These Republicans already had to break their promise to their constituents when they said they would cut $100 billion from the deficit. The Democrats whittled that figure down to $60 billion, then $38 billion, then really pissed them off when the CBO said the cuts really only amounted to a couple hundred million. There is no trust now and when Harry Reid says there are $2.7T in cuts, how can he be trusted after that stunt he pulled earlier this year??
This follows of trend of Democrats duping the Republicans. The Dems promised a secure border after they got Reagan to commit to amnesty for illegals. They got HW Bush to increases taxes breaking his infamous "read my lips" promise. Now this crap with the reducing spending. Democrats do not bargain in good faith. I can see why the Republicans, especially the newcomers, are not buying a word Harry Reid and his minions put out.
BabyBoomer48 "Here's the proposal, Roy Wilson. Don't you read a paper, at least?"
You seem to have a problem distinguishing between a rhetorical statement and a real proposal. A REAL proposal has details, not just talking points.
Give me details on what Obama said he would cut, and when he would cut them, and THEN he would have a 'plan'. Just saying he 'agreed to talk about them' is not a plan.
You do understand the difference, don't you?
robiscoole
"You can not draft a clearly one sided bill and keep saying we passed something were done."
is that anything like the backroom healthcare ponzi scheme?
Baby Boomer, when you read the NYT, and you get to the part where it says "Obama wants to..." you can stop reading. What follows is irrelevant at best, and probably worse.
There, I've saved you countless hours of wasted time that can now be put to more productive matters.
I cannot believe that you rednecks were so mad about having a black POTUS that you dreamed up this Tea Party BS. Where were all of you when W was running up the CC on BS wars and Tax Cuts that were not paid for. He was hande Gold by Clinton and destroyed this country. The rednecks were happy then because one of their own was in the whitehouse.
Geo, yes I do. My rep is a tea party guy, I email him all the time and get the same old drivel back all the time. I just finally told him that I was going to do all in my power to make sure he is not re- elected. For the first time, I am going beyond voting and actually becoming an activist. And I urge everyone else that feels like I do to actively campaign against the teaparty next election.
Boehner decided to make raising the debt ceiling a huge grandstanding issue and now he whines that he "stuck his neck out" in the process. If he had the skill or the guts to deal with the tea party minority in his own party he would not have an issue.
Raising the debt ceiling is a decision to pay what is currently owed. The process for dealing with the debt is the budget process and careful review of every spending bill. It is also the prerogative (and duty) of Congress to review programs for efficiency and need.
This political chest thumping the Republicans have chosen instead of doing their duty is ridiculous and harmful to an already struggling economy. Boehner appears not to be up to his new job, but I hope he sticks it out for awhile because Eric Cantor, his likely replacement, is even worse.
I wonder how many jerks in the "House" read this morons bill and understand it..notice he got by with 4 votes..needed 24 republicans and 20 said NAY!
Its for six months..they be right back at it again next year..what a waste!
Tea Party - the new Al Qaeda for America.
Now that his neck is stuck out, can someone PLEASE just lop off his head. He passes a DOA bill and crows like he accomplished something. There were two criteria for the democrats to even look at it, first, balanced approach meaning revenue and cuts, second, no short term deal. This pile of trash the tea smokers send to the senate contains neither and it contains a version of a balanced budget amendment that no one with any respect for the future of this country should have been caught dead voting for. NO SALE. VETO!!
Hey Roy - you buy into the GOP book keeping methods I see. Factor in the wars and what it cost us, you know the expenses bush never factored...don't forget about the interest paid on said money also.
you got that right Roy...all you can find on the WWW is Obama's "vision" , the zero doesn't even know how to balance a check book
GeoSapper "Roy, It's not too late to see a Democrat challenge to Obama. Obama is clearly not qualified to run for President. Easily the worst President in modern times, and possibly ever."
I was hoping that Hillary was elected. I really think she could have done a better job than Obama or McCain, but though she got more votes in the Democratic Primary than Obama, she got sidetracked by the liberal prospect of "The first Black President".
Gimme Free,
What do you hate about the HC bill. Or have you read it? A mandate for all to have HC actually saves money. But i know what is wrong with it. It was a DEM idea, no wait I think that it was a REP frontrunners idea.
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
Toby-365107
LOL, and your mighty saviour has a plan? What is it? It doesn't exist! Over 800 days and your leader still can't get a budget passed through the Senate either. I guess we now know who the real party of "NO" is don't we?
The Democrats will cause our Country to lose our credit rating. Every time you spend more money due to our interest rates rising, blame the Democrats for NOT doing their job!
Come 2012, just remember who was trying and who wasn't. ONLY TWO bills have passed half of Congress, and they BOTH were written by Republicans. The Democrats haven't produced a single bill yet let alone passed one through the Senate. Not even Obama can produce a CBO analysis of his plan the Democrats claim he has, but hasn't shared with America or the Republicans.
I've heard of partisan gibberish before, but seriously, get off the cool aid (it stains).
Roy, the "Peter Principle" is about about a company promoting someone. Political parties are about power brokering behind closed doors. You don't have to be competent in running anything at all, just in brokering support.
Shiela, I'm sorry to hear that. The overwhelming majority of the Tea Party is concerned about restoring fiscal sanity to Washington. If your representative is doing that, I'd hope you would support him. Our country has been going off track for a long time, but it is the combination of the Tea Party plus the most destructive President in modern times that has brought this issue to a head.
Fred Bastiat
Tax rates are already the lowest they have been in 50 years - an average of 23% of total income
http://www.usatoday.com/money/perfi/taxes/2011-05-05-tax-cut-record-low_n.htm
I live in one of the highest-taxed areas in the country - NYC. A full 38% of my very average middle-class paycheck goes to taxes of some kind. And you know what? I think taxes should be raised.
Are your innovative free markets going to maintain our crumbling infrastructure that's been underfunded for decades? Will your free markets provide healthcare for the elderly? Will they reign in greenhouse gas production voluntarily?
Call me a liberal - some of you will. I don't care.
Because I believe some things are worth paying for.
Does anyone else find it incredibly sad that the BIG ACCOMPLISHMENT for Boehner is that he got his OWN PARTY to finally vote together?
Seriously, he didn't miraculously get Dem support. He didn't craft a bill that would make it through the Senate. He didn't even get close to something that can be considered compromise or bipartisan.
No, his ONLY accomplishment was getting his OWN party to finally vote together. That's it. And for some reason, Republicans are actually proud of this retarded feat.
Only hope for what? Defaulting on our debts? Because they will be the ones to blame if the U.S. does. They and their GOP cohorts constantly repeat the phrase "we're doing what the American people want", as if repeating it enough times might make it true. Look at almost all recent polls (except maybe Rasmussen, who is in the back pocket of Fox News): while many Americans blame Obama for the mess, even more blame Republicans in Congress. Over 60% of people don't want changes to Social Security and Medicare. Most people think the top 2% (i.e. millionaires and billionaires) should pay more in taxes.
This is not about spending more, it's about making good on the debts we already have. If we don't, the Tea Party will be responsible for the largest indirect tax increase in recent memory, since interest rates will rise along with the prices on everything. Wouldn't it be ironic if the Tea Party -- after all, the "Tea" in Tea Party is an acronym for "Taxed Enough Already" -- was responsible for the next recession?
On the bright side, if they do precipitate a default the people will know it, and the only place that will elect a Tea Party candidate will be in the backward states in the Deep South...
GeoSapper
Just yesterday . . . just ONE F**KING DAY AGO . . . Boehner admitted that the Tea Party Republicans are trying to cause chaos. Your own leader admits that the Tea Party is trying to destroy America.
Then McCain jumps in, calling them all idiots in bizarro world, and explains to the Tea Party that they are not Hobbits on a quest to Mordor.
Then the Republicans hold a meeting where they show a video that basically associates the Tea Party with a psychotic lunatic who is incapable of seeing any other opinion other than his own.
So ALL of these Republican leaders point out that the Tea Party is trying to ruin America . . . your own God D**N party admits it that the Tea Party is honestly trying to destroy the country . . . and you argue that it's not true.
Do you have a mental condition? Seriously, because only someone with an extreme mental condition would completely forget everything that happened YESTERDAY!
Geo, I want no part of a party that is not open to any compromise at all. The teaparty got a lot of republicans in, but this is not the republican party I supported for years. You might want to remember the tortoise always wins the race. A party that becomes too extreme in its thinking is good for no one.
It truly is sad to see all the CONTINUED hate mongering and perpetuated ignorance on the part of GOP minions, in here.
THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!
As usual, the GOP confussion factory continues to distort, tear down, disassimble and mock anything and everyting the OUR PRESIDENT does to the detriment of our country.
You have the usual list of Faux News full-time bloggers in here posting their repetitive diatribes, absent any objectivity or design for truth.
HOW ABOUT JUST ONE OF YOU @!$%#S BE HONEST:
OBAMA IS COMPROMISING AND YOU CAN'T BECAUSE YOU HATE HIM SO MUCH. AND THERE IS THE DIFFERENCE - YOUR HATE. THE REST OF US ARE THINKING COUNTRY...
And here coes the fingter pointing.
Thoughts from Cali, I asked "How could Boehner be trying to ruin America," not the Tea Party.
Never quote McCain as a voice of vision in the Republican party. He couldn't even beat Obama.
I still stick by my guns: it is the Democrats who got us into this mess and are leading the country to ruin. Please don't mistake that for me saying that anyone who chooses to put a (R) next to his name is automatically a saint.
Maybe those ill informed 60% have no idea that if changes AREN'T made, there will be no SS or Medicare in 10 years. Then what? Over 10,000 baby boomers PER DAY are eligible for these services for the next 19 YEARS!
Shiela, the Republicans have compromised an enormous amount - too much in my mind. Unfortunately, a lot of what they bend/cave/compromise on isn't reported that way. Remember the budget battle in the spring? The Republican position that started as hundreds of billions in cuts resulted in almost no cuts. Where was the great accolades from the left and the press to claim that the Republicans are great compromisers? It didn't happen.
So the truth is that the Republicans get almost no credit for trying to work with teh Democrats, while at the same time Democrats lie, weasel, cheat and steal (Google: Schumer) and rarely get called on it.
Like most things political, what is defined as extreme, or in this case "compromising," all depends on where you are standing.
Geo Snapper,
I suppose in your altered reality you actually believe the Republicans compromised. However, the rest of us who live in the real world know that the majority of polls taken clearly show that Americans believe the Republicans have not negotiated or compromised in any way, shape, or form. I can't believe that this small minority in our U.S. Congress tried to hold the entire country hostage. Compromise is a way of life for anyone who wants to lead a productive one. Any business deal requires compromise. If these newly elected Congress members can't compromise, then they should be voted out of office so that America can move forward in its economic recovery.
We aren't in this mess because of the President; these problems started before he even got into office, and all he's done is temper the damage in the best ways possible. We wouldn't be in this sad state of affairs had we not gone through seven years of Teapublican economic policy before Bush caused the Second Great Depression. You know why we have to run up the debt? Because we had to keep the country from completely collapsing under the Bush Depression.
Teapublicans under Bush? Sorry Toasty, but Bush and the Tea Party dont belong in the same sentence. In case you missed it, in 2010 the conservatives jettisoned most of the establishment Republicans from the Bush adminstration in the primaries.
And I dont understand why you liberals hated Bush. Everything the man did, outside of tax cuts and the wars, were right up you lib's alley. Expanding government bureaucracy, expanding medicare, a crack at amnesty for illegals. This guy was a RINO if I ever saw one!
Its hard to get excited about a partisan bill that has no chance in the Senate. I am not exactly going to blame the Dems if this doesn't go through.
Remember, weak as it is, Republicans do not hold the majority in the Senate, and do not hold the White House. Even if they act like they do. Don't believe the hype that they represent the majority of how Americans feel either, because the majority of Americans think they suck as much as the Democrats right now. Just as much.
LOL, Breaking News just proved my point. It's like the other shoe dropping.
So, that whole vote in the House was a waste of time. It doesn't count that you work on a plan if the plan is auto-fail. Sorry.
Waitings still for Republicans and Democrats to actually get serious. Neither is right now.
ROY WILSON-336103 Omama = The Peter Principle in action. (a)
Roy Wilson = cherry-pick statistics and make the rednecks think they are smart
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
Ammo, supplies, food, check! Have fun brainwashed America, when the system you so depend on, shuts down!
pjam09 -
His base will return to him (no where else to go) as the GOP continue to disintegrate. What a freaking disaster... your GOP are.
Boehner's bill barely passed in the House. That means that a number of republicans were against it. It looks like a number of republicans in the Senate are also against it. The question is why has Boehner wasted everyone's time on contriving a bill that his own party is split on? I guess, symbolism is alive and well, even though you know it's going nowhere. It just shows how ineffective this House Speaker is. But, he is boasting that the House has passed two bills, even though his own party was/is split on both of them. What a bunch of nonsense. And I thought I was confused..... We will remember all of these tea-thrics come November, 2012. Keep digging your graves republicans.
The same reason Reid has. You pass a bill, the other guy passes a bill, then you work out the differences. Same as always, the only difference is people are foaming at the mouth about this one.
Maybe, and maybe in ten years we'll realize we dug our own grave by not listening to them :(
To the people of Nevada, it's your fault we are where we are, you re-elected Harry Reid, when you should have made him stay home. He's hurt Americans enough all ready with Obamacare, yet, you sent him back to hurt us more. Thanks for that! (sar)
Yes, the House has been trying to get the job done, but we have a Senate and White House who insist on bankrupting the American people so they can continue to spend like drunken sailors. This is disgusting.
Mr. President, how low will you allow your approval figures to slip down because of your inability to see reason? More Americans are seeing why you shouldn't be re-elected RIGHT NOW. (Too bad they couldn't see it in 2008 like I did......while I'm glad I didn't vote for you, I'm really sad for our country and how you've brought us down in such a short time. How can you sleep at night, knowing all the damage you've done? Or do you actually believe your talking points?)
Cautiously Optimistic One
Funny stuff, you can't provide data do disprove Roy so you attack calling people rednecks. Sounds pretty liberal.
As far as I am concerned the only problem in this whole situation is Harry Reid. He has refused to allow anything to come to the floor for debate, which in my opinion is unconstitutional. He has failed to pass any budget since September of 2008, we are still looking for the 2010 Budget which was due Sept 2009. If this man does not allow one thing to get to the floor then how is anything suppose to be worked out, compromised on and voted on. We send our elected officials up there to represent us. But when one man refused to allow our elected officials to have a voice then we have a dictator in our senate. I am not happy with any of the parties. But I also am not blind that I cannot see who has been our primary problem for the last 3 years and it isn't the Tea Party, it isn't the house or is it even the President. Its this man!! Thank you Nevada!
roy's numbers have been shown to be a poor yardstick to determine "whose fault" it is for the deficiet in previous blogs. Yet he cuts and pastes the same tired article in numerous blogs, so much so that it has most people in a coma, but for the TP types it is the holy grail (read Kool-Aid)
Does anyone find it peculiar that the GOP/Kochheads have all acknowledged that job creation is hindered by uncertainty, yet everything they have done is to create uncertainty even over things normally considered routine?
Really? Even your faithful Fox News, although they spin it to favor the GOP when they say SS will run out of money by 2037, by default admits that Social Security will be solvent until 2036! (http://www.foxnews.com/politics/2011/01/27/social-security-fund/) That's twenty-five years...25 years to fix the problem, 25 years of seniors getting what they paid into for all their working lives. If you had paid into a savings account for all your working life (assuming you even work) then had it taken away just as you retired...how would you feel?
That's another thing the GOP is doing to cut it's own throat. Seniors are a major factor in GOP voters...now the GOP is alienating them with all this stupid Tea Party crap. When the Tea Party started their rallies were strewn with ill-informed seniors with their "Keep your government hands off my Medicare" signs...now it's exactly those Tea Party clowns who want to literally take away Medicare...and Social Security!
The Tea Baggers, the few there are left, especially the ones in here like: AZChzhd, GeoSapper, ROY WILSON-336103, pjam09. Are perfect examples of how out of touch with Reality these Morons are!!! They really believe that they have actually accomplished anything other than making themselves a bunch of one term REP in Congress, they don't seem to have the slightest Idea that the American people hates their ways, that the independents that voted for them in 2010 are feeling the worst case of buyer's remorse in the history of the United States Of America, that not a single Senior Citizen is going to vote for them, that most of the Democrats did not even bother to vote in 2010 and, that is a mistake for which the whole country is paying dearly right now!!! There is only one thing that you guys have been successful at and that is quoting the words written on Admiral Isoroku Yamamoto personal diary "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve." Yamamoto said those words after the biggest political mistake that Japan has ever made, attacking Pearl Harbor; by the way, that was the last time that Japan was able to make any other political mistakes. We all know how that one turned out for them. Well Tea Baggers… You guys did it and the people will punish your childish behavior, your willingness to destroy what's left of our Country, for making all of us the laugh thing stock of the whole world. Your stubbornness has brought us to the brink of destruction. See ya' all in 2012 at the voting polls.
Trust me Jhon Smith, we are still here and growing every day. We can't wait to see you at the polls in 2012. Obviously you have no idea how the tea party is growing. Just because we are currently quiet doesn't mean we are not here. We are everywhere!
Perry/Rubio 2012
Myrtle,
You may still be here, but that doesn't mean I can't see daylight when I look in your ear.
Dear President Obama...
Please invoke your Executive Privilege given to you via the 14th Amendment of the Constitution of the United States of America and raise a "clean" unfettered debt limit and tell the Teabaggers to GO TO HELL where they were spawned and surely belong!
Sincerely...The Vast and Overwhelming Majority of American Citizens
AH yes, I see that the book burners and the censors have arrived....collapsing comments as fast as they can....brilliant people....
It's you who have no idea how the Tea Party is shrinking! Or do you really think that if we default on our debts that anyone is going to take those moronic Baggers seriously?
Dear liberals/democrats PULL YOUR F"ING HYPOCRITICAL HEADS OUT OF YOUR AZZ...there I feel better...the PARTY OF NO more america DEMOCRATS and left wing liberals who think money grows on proverbial trees...
You know...even the semi-sane Republicans are trying to reach a compromise, unlike Boehner and the House's "bipartisan" bill that zero Democrats voted for! That's as bipartisan as Boehner claiming he's "doing as the American people want" despite every poll (except for some of the
Fox NewsRasmussen polls) saying otherwise.The only reason any Democrats would "pull their head out of their azz" would be to allow you and your other Tea Party blockheads to put yours in there...on second thought, I'd rather have the $#!+ (fecal matter) that's in there now than any Tea Bagger's head...or any other part of his/her body...
Baggers aren't conservative, aren't libertarian, aren't anything, really, other than a bunch of people throwing a tantrum instead of working on anything. Don't worry Baggers, actual thinking conservatives are at work. Just don't cry when the country works because of it, but, um, your favorite few-cards-short-of-a-full-deck politician gets, well, nothing in the deal. Nothing but a lot of blood pressure.
Derek - wrong, you are confusing Liberals with the Tea Party. The Tea Party actually has the best interests of the Country in mind, not buying votes for the next election.
Just read the lastest incarnation of the bill and it is the weakest yet. We will definitely be downgraded and start paying more interest on the HUGE debt.
Someone better find out ASAP! Talk about "Dead on Arrival." That's what exactly should happen to this bill if tax increases are part of the plan.
you people who defend either party are being snowed. if you raise taxes the(gov) will just waist it. get off your party and stand together as AMERICANS and rid this country of these tyrants. P.S when the shazit hits the fan you better hope you have a gun! oh thats right most of you think your party will save you? NOT
No, willowbrook, I am indeed talking about the Tea Baggers this time, as opposed to their counterparts in psychotic behavior, the Eco Terrorists. So happens sickofthisshazit is right on the money.
Sorry about your luck there Derek - your stick with those self-serving Liberals who are only interested in winning the next election, not the financial health of the country. The rest of us want the problem fixed. Votes are not the problem, overspending is. Will get back to you when the entitlement programs are unable to pay out. As it is, there will be no SSI or Medicare when it is time for me to retire if we continue down the path we are currently on. I'm already taking steps to take care of my needs, as the govt. has taken my money and squandered it. I've worked all these years so poor people can have cell phones and flat screen TVs and Illegals can collect US welfare. I don't think much of that. Younger America has no clue what it is to be truly poor. It it about time that they learn.
The problem is right there in your first sentence. You can't tell the difference between someone who is independent or conservative versus an extremist (that's you, by the way). Lefty extremists think all of you are Nazi's, etc. On the other hand, you can't see anybody who disagrees with you as anything but a member of the other side.
And that problem leads to you being forced out of everything. Many as they are, lefty and righty extremists are full of talk and get no results. Oh, and then get mad that all their anger didn't get them the results they feel they deserve.
'you' wanting the problem fixed isn't really what you are saying at all. 'you' want it fixed your way, the 'right' way, or it isn't fixed. So you aren't really interested in solving any problems, are you? You are interested in getting 'your' way. It never occurs to you that solving problems involves listening as well as raging, and then you (and of course, the counterpart radicals on the left, like PETA and the whale boat hunters) get shoved to the wayside in the negotiation.
You are going to be unhappy from here to eternity. If the government fails, your version of a pop-gun won't save you from an invading country. That would, again, involve working together with people who may not think exactly like you. So sure, take great solace in bearing your personal cross until then. And I suppose satisfaction that if you go down, some psychopath on the left will perish too. I personally don't think it is a lot to aspire to, however, you know, living in the prison of your own thoughts. But hey, you enjoy it over there. The rest of 'us' are moving on....at least I am....
Less than 48 hours to De-fault. Never before have we faced this until the Tea Party took over the House. I hope you all remember this in November 2012.
Edward F. Dijeau
Perhaps if we had a TEA Party or some similar movement in the past 90 years the Liberal Progressives would not have been able to create the unsustainable government we see today. 90% of our government is not Constitutionally mandated. This is the problem, not the TEA Party.
Constitutionally limited government, fiscal responsibility and free-market principles are what our country should be about. Not ever growing government that doesn't care whether their thousands of programs are functional let alone affordable.
Remember, in 1960 our poverty rate was 14%, today it is 14.3%. TRILLIONS of dollars have been wasted on this and other programs such as the wars on drugs, crime and illiteracy. When do the Liberal Progressives finally admit their nanny-state governement can never exist in a society our size?
I would hope more people remember this in 2012 also. The TEA Party has brought to the forefront this massive unaffordable government that has been created.
Wait and see whats in it...Nancy's famous last words...
When is the wizard of Oz going to drop a house on this wicked witch?
GO cALI!!! go CALI!!! Go! Go! Go! EXCELLENT!!!!! #1.39 and 1.41!!!!
REPEAT: Go Cali!!! GO CALI!!!! GO! GO! GO! #1.41 EXCELLENT!!!!!!!!!
Political Clean Slate: If you were in office in 2000- "GET OUT!!!" (Reps & Dems)
Attention spans. The lower I get down the list here from top to bottom the less the voting gets. Fellow Democrats we have been had .What did we gain in all this mess? A big fat goose egg. I hope Ralph Nader does what he proposed and jumps onto a Democratic ticket and challenges the president in 2012.
Both Democrats and republicans enjoyed spending the money for their home States and their Political Interests. The Republicans back the Military, Big Oil and Big Banks. The Democrats back Social Programs, foreign Aid, Education and Government work projects. SPEND, SPEND SPEND. Now here comes the bills and they point fingers at each other. He Did it , no , they did it, yet, no one wants to pay the bill, so, for the 40 years, since Viet Nam, they pull out the "Government Credit Card." Borowed on the "Social Security Trust" putting in I.O.U.s. They promised a TAX FREE retirement program we paid taxes on premiums for and already they are taxing it if you make over 25K. Double taxation is already here on Seniors and now come the cuts.
Now the incoming income is not enough to pay all the bills coming in each month. it is Time to cut back the spending and ask for a raise. Powerful Big business does not want to give then the big raise. The Powerful wealthy don't want to give them the big raise either. So now, all the little people, with no power, will be forced to give up their money, Social Security and pensions because they have no power.
The tea party is not working for the "Working Americans" or "small Business" people who will be left holding the 16 trillion dollar bag for 100 years. We are headed for a Dictatorship where a wealthy group of powerful people Will dictate how much you will make and how long you will work. Labor laws will be thrown away and on the backs of workers will be forged the new Corporate America. Unions will be banned, Minimum wage eliminated and as we race toward the bottom and child labor will fuel the debt paying economy so the Rich can sit high on their hills and watch us suffer.
The Veterans from WWII, Korea, Viet Nam who depend on the VA and Social Security will be thrown out on the streets. Everything they fought for to defeat tyranny will be for nothing because the tyranny of the "Corporate America" will put profits first and veterans were always expendable, that is why we "DRAFTED THEM", they were never meant to survive. The ultimate death panel.
Derek - there is only ONE way to fix this problem. If you are spending more than you have in income, then you need to stop over-spending. What Washington is doing is dancing around the solution. Washington is spending far, far more than it is taking in. Raising taxes will not make up for the short fall. (let alone, with our currently poor economy, will probably end up not bringing in the revenue the govt. thinks it would.)
And no I'm not an extremist, unhappy, or a prisoner of my own thoughts. I am, however a person who has successfully lived through enough problems and hard times to know you can't always sugar coat everything and it will be "all better." Real life is not that way. It is time Washington steps up to real life and stops sugar coating.
Seriously Newsvine??? You have to keep running the same discussion board on every news story related to these deficit talks??? who has time to go through 29k comments?
@willowbrook, actually you have to raise revenues AND cut. If you got me a crazy extremist from the left who thought it was only a good idea to raise revenues on the wealthy and corporations, and keep all entitlement programs just the way they are (they'd probably want to add to them too), I'd laugh my tookus off. But cutting only is not going to do it either. Based on the deal that just got made, by the way, we WILL be talking about raising revenue soon enough.
Fine, if you want to say you aren't a 'prisoner in your own mind,' I accept. Just remember, if you look at someone with the opposite point of view as you, and it is obvious they are only listening to one side of the arguement, well, that's what it looks like when you or I do the same thing. In other words, it looks crazy.
Today is a good day for the dealmakers. And while sometimes dealmaking is a dirty word, today it isn't. People aren't happy, particularly extremists, and that is a good thing. It has been a gravy train for those who have had low taxes, and they just can't get it, even though the country is burning money. It is also time for those who want to make no sacrifices at all just because they work for the government to step up. You cut costs and raise some revenues to normal levels, and lo and behold, you'll have a chance. Do either/or and the math shows its over.
Derek
You Income has been stable say for TWO years, in those TWO years you where ably to put some money aside for " Rainy days" then a Month ago, you or someone in your Family started to spend More then you income, So if YOU cannot increase you Income, what IS the solution ?
And why must you say " IF i cannot Increase MY income i will NOT reduce expenditure"?
gimme free stuff banned, rereg of Over Taxed Again.
Fair point. Story should be updated elsewhere, too.
@ Derek - I never implied or said you were Liberal, extremist, or otherwise. Nor did I say or assumed I knew what you believed.
Actually, I have considered the both raising taxes as well as cutting spending, for some time. Here is why I am against raising taxes. In the recent decades, we have fallen into a pattern of lowering and raising taxes for various reasons. But, especially in recent years, the govt. has spent, and borrowed, spent and borrowed. Which, oddly enough was a mirror of the spending practices of a fair number of Americans. When this was popular, all those involved were happy and had the "appearance" of doing well. This house of cards fell first for the average Americans. Mortgage and credit maxed out, they had no where to go financially, when the job was lost, or cut back. In the case of the govt., pretty much all parties are guilty of this. Now we are to the point where they need to make that decision. What is the solution? Raise the debt limit and continue to play games and make "promises." Would the credit card company raise the credit limit on a maxed out card based on the holder's "promise" that "I'll cut back my future spending to make up for the credit increase you are giving me." No, the card company would cut off the card until things were back in order.
The govt. has no one forcing them to be accountable. They need the credit company to cut them off until the house is in order. Raising taxes is part of the "scheme" for the govt. to continue to abuse taxpayer money and not reform their ways. That is why they do not need any more revenue until they show the ability to "get their house in order." Then any future increases, need to be specific and defendable. Do you give an alcoholic a fifth and have good faith that he won't drink it? The cycle of waste and mismanagement needs to stop in Washington. Why not now? The sooner we start, the sooner we will get to a financially stronger place.
We are already behind in this process because of the "stimulus." The govt. passing out money they didn't actually have to create jobs was a sham. The majority spent went to propping state and local public sector jobs. Now that the money has run out, we are back to square one. Now they are doing the reducing and cutting back they should have done in 2009. And unemployment is not any better as well. People should have known better. This didn't work during the Depression, only WWII got us out of that.
Personally I don't see the point of repeating previously unsuccessful policies. This is not scholarly research, where we have to "prove" the failure of the experiment by repeating the research to see if it fails repeatedly.
Willowbrook...well said...Obama has not had a clue during the whole presidency....He has even admitted that he didnt actually know what a "shovel ready job" was and yet that was a major part of his rhetoric and program to convince the public that he had a program. His only program has been to increase spending and to grow government....and that doesnt work...and that has just been proven to us again....
JA,
that is NOT what he said, if you have to try and prove a point by putting words in another persons mouth, then you really DON"T KNOW what YOU are talking about.
So you think they should have elected Sharron Angle? Any credibility you might have had just went flying out the window!
Roy,
No matter how many times people continue to prove you wrong, you still keep pasting those complete lies about the deficit.
MJL....One of Obamas big promises was that he was going to immediately get some shovel ready jobs going.....and he admitted long afterward that there is no such thing as a shovel ready job.....Most of the country knows this so I dont think you will be successful twisting it into something else....The brilliant Obama appears to be not so brilliant....but you will support him no matter how wrong and inexperienced he is....
JA
No he said they weren't as shovel ready as he had expected. Do you know why they weren't?
It is because the funding was offered to the state and all of the Red states chose not to use it for INFASTRUCTURE. There IS such a thing as Shovel Ready jobs, but it is up to each GOV in EACH state to go after the money,
Like the AM TRAC in IA/IL.
Get you fact clear , quote FACTs not your BS, I am sick of it. IF you call me out on something be prepared for the TRUTH.
http://www.recovery.gov/Pages/default.aspx
Check out what is available in your state, better hurry, it in the GOP cuts now.
MJL...You spin everything...Immediate jobs dont happen because they take periods of planning and engineering and hiring and they have to go through gov rules, local and federal.....Actually he didnt try very hard...He could have had a commission ready to help plan and administer those kinds of jobs, but he just decided to give the money to states and groups and that did little good and produced almost no jobs...If that commission could have operated there would have been applications and jobs would have resulted...not immediately, but by now it would have been significant....instead he just made two or three hundred speeches....at least he knows how to do that even if it produces nothing....Obama FAILED....and He Is STILL FAILING.....He just talks....
Bill C-645784
Funny, I haven't seen anything that disproves the government sources Roy typically utilizes, including the White House, to support his posts. I am not surprised that people simply discount the truth because it doesn't fit in their self-imposed reality. A state of denial typically causes this mistake.
JA,
Isn't that why he specified shovel-ready projects to begin with? He wanted to give a boost to projects that had already been through the planning/engineering, etc.
Of course people like Chris Christie and the FL governor stubbornly refused after being selected - letting a golden opportunity for their states slip right by.
To me, this was a much better idea than just sending out checks to everyone, as Bush did, with nothing to show for it afterwards.
Bill,
JA doesn't get it because he would rather spew his BS,
IGNORE< I just don't think he can comprehend what I am saying.
Bill
Excellent point, plus the USA infrastructure Sure,... needs an Upgrade, sending folks back a check does not do anything about the aging and falling apart system.
Just imagine how many $$$$ would be saved by a " fast train" in-between CITY centre to City Centre, and how much that would reduce Air Pollution.
I am simply saying that Obama had no idea what he was saying ....and later he admitted that he did not understand it at all....and I believe that....You will also note that I thought that he should have had a plan and a commission put together to accomplish the more jobs effort....Not just say nothing about it for the next yr and a half.....That jobs commission should have evalutated all the suggestions that came forth and put them in at least three catagories of immediate, mid range and long term. And It should have identified jobs that could be permanent as the most desirable....and programs that produced something of value as most desirable....Instead, he just gave the money to states and groups and there was no job building aspect to it at all....it is just gone and the states were not forced to immediately address their overspending problem and just put that off....That money is all gone and little good happened, Therefore it had little value....There was no plan..it was here, take this money....
Obama is proving once more that the liberal theory just doesnt work....Part of that theory is "just give us more of your money, we will spend it or give it away. It will produce little or nothing and then it is gone....Then give us some more or your money..".
That comment coming from a master of it
MJL....One of the weirdest things going on now is the libs assumption that Obama is the most intelligent man in the world and knows all about everything....He has proven his lack of knowledge and experience continuously with error after error and yet still pretends that he knows what he is talking about.....I just have to believe that his rabid followers dont know much about anything also....Tell us, Do you actually believe that Obama has done a bang up job with the economy in his 2.5yrs and that you really like the results??? Or, will you still be blaming republicans for another few years??? Will we be having our second summer of recovery...and then third summer...and then the fourth summer of recovery??? Or is this as good as it gets with Obama??
Oh, JA, yea of so little faith or hope, you put you hopes and asperations in the tea party repubs. What happened, you watch the GOP Govenors attack in MI, WI, OH, FL, etc.
Going after unions but running on JOBS JOBS JOBS, but Boehner did say about unemployment , "So be it' . It must be very disappointing to vote for the Scum of the earth, GOP in washington to watch them attack, womens health, education, children, Elderly, poor, Veterans, tear down the 40 yr old jobs bill.
I won't mention GW, you live in a la la cloud unwilling to come down to earth.
Yes, the economy will recovery but NOT if a republican President. Obama has done a pretty good job considering the opposition from the GOP
"Make Obama a One Term President" Cantor , McConnell, Boehner,
But who had to pull everyone together to get the debt ceiling raised, in fact the GOP wanted him to take charge, you know as well as everyone else, it should have been a clean debt ceiling and then work on the rest, if you cant see what YOUR precious TP'ers are doing, everyone else sees it as clear as a bell, Won't work in 2012
MJL...Yea, yea, it is all wonderful that they are still fooling the people with more spending and debt....and by clean debt ceiling you mean with no promises to be honest with the public....Sorry, there is a limit on how much crazy Obama debt is allowed....You just wait, they will try to cheat on this spending limit....We all expect them to try to cheat it up again and again....They will be back with "we need to spend more" very soon....
myrtle66
Trust me Jhon Smith, we are still here and growing every day. We can't wait to see you at the polls in 2012. Obviously you have no idea how the tea party is growing. Just because we are currently quiet doesn't mean we are not here. We are everywhere!
Perry/Rubio 2012
#1.68 - Sat Jul 30, 2011 4:29 PM EDT
So... You guys operate like sleeper cells? Interesting thanks for the Intel, we all ready had started looking at your organization as home grown terrorists, hijackers, extortionists, blackmailers, and religious extremists. too bad for you guys that just like any other extremist terrorist group instead of gaining the people's approval you're getting rejection, and everybody is distancing them selves from you even the GOP. Keep at it, you're doing a great job!
I dont think the left wingnuts name calling is going to work this time...Too many people are now aware of your tactics and your record....You have created a very dangerous situation for our country and now the smart ass name calling sounds like nothing other than smart ass name calling....There is no excuse for what the Obama experiment is doing to this country....You have created a huge disaster and people are now aware of that.
JA,
I created a very dangeous situation?
Is that a threat?
MJL....are you going to go all crazy on me??? I would not be surprised.
You said I hve created a very dangeous situation......... I have created a huge disaster and people are now aware of that,
How did I create anything? I do nt "go crazy" on anyone
Yes, I said what I said and believe....And, more and more people have seen the proof of that and believe it also...I dont believe the support for the Obama experiment is now so strong after failure after failure as people witness the seriousness of the lib mistakes that will be so difficult to get rid of....They have crippled our country and yet they still have the chip on their shoulders....And, very few of you guys would ever admit how wrong you have been....You would continue to just blindly blunder on....
I really do not know why any sane citizens would want to be President of the United States of America corrupt system? "We the people" can change the candidates in all three branches of our government; but we cannot change the corrupt system. I guess they must want to build up their resume for their next elected public servant job. President Bush recalled his presidency experience was as living in a cesspool of dung!! So I guess the presidency looks good only on paper but, in reality; it is death and destruction to their bodies personally!! I have discovered that unless all three branches of our government is working together.........for the better of our nation; our nation will be destroyed from within by our elected public servants known as "we the people" domestic enemies!!! I am waiting to hear a reporter ask a member of the House and the Senate the same question that was asked of President Barack Hussein Obama......."which comes first America or your race."
@DBW... this very Forum you comment on is a testament to American exceptionalism... I did not vote for Obama... do not like any of his policies... Indeed I'm a Christian, American, Republican... That order... Yet I understand very well why "Any sane person would want to be POTUS"
Someone has to say "Im not afraid to dive in the Cesspool" I will "attempt" to lead this nation." American system has it's imperfectness but we will struggle and overcome... not just saying it to sound good but Many people may have their own agenda to the WHY president but all are (including President Obama) are Americans who made it in America and want to see it better no matter the difficulties... This makes our Political and American system works... you don't like the Republicans... you can change your party and vote... you can speak out with out fear... you can organize a TEA party.. There are no limits to the possibility... Why would some one become a Father, Why would someone become a manager.. why would.... you get my point. This is the" Good thing" that President Obama did that we all can be proud of... He got up and did something about what he saw. I would to God that all Americans have this mind set: What can I do to change this for the better... for "God and Country"....
Obama says "Solution must be bipartisan." You mean like Obamacare?
Republican jerks got a lot of what they asked for in that bill. They chose not to vote for it because it would have the President a victory. Shame on you all stop lying.
Boehner and the republicans are a disgrace to this country. People will not forget this in November. They have starved this economy and now feign horror at the state of it. Where are the jobs these liars promised us in November? Not one bill but plenty that attempted to curtail the rights of women, gays and minorities. Shameful. This crowd reminds me of how some of the kids in my afterschool program try and negotiate for what they want.. They should be sent home and told not to come back until they understand that we are all in this together. Frankly, my students behave better than these phonies.
You're right irenemiscione...people won't forget this in Nov 2012.
sha na na na, sha na na na, hey hey hey goodbye (Obama)
ire
Is that what you want, an Obama victory or what's best for the United States? They are not one and the same. If the President actually had a pair, he would have put his own plan out there in writing, but he chose to play politics instead. Even Peggy Noonan is calling him "a loser" for his failed leadership. I lived through Carter (but voted for Ford), but this guy makes Carter look pretty good. In fact, I wonder how many on the left are now wishing that Hillary had won? She at least has more of a pair than the President.
Irene, if the Republicans wanted the bill, they would have voted for it. Obama, Pelosi and Reid, the American Axis of Evil, crammed that pile of excrement down our throats without so much as even reading it!
You ask, Where are the jobs promised in November? They're in Texas, haven't you seen them?
Kumar
The country wants Obamacare. Deal with it
Yep - seen them.....all minimum wage!
Sounds like Bachman (get rid of minimum wage to attain full employment) is a theme you Repubs can back 100%..
btw - I also notice Texas debt by % is growing faster then the US .....guess that employment is working!
We need the Health Care bill that was passed. The Insurance companies are only interested in making money. They deny coverage all the time. The GOP wants to get rid of the new law so they can keep employees from having a say on where they work. Insurance is a big reason people do not change employment when they want. How can all these fools fall for the GOP's stand on healthcare?
The GOP says a woman should not have a choice give by Rowe v Wade, then they turn around and say you have no choice in health care. GOP is fools they just want to control every part of your life, and if you do not like it they invent things like the Tea party to show you how stupid they really are.
It could have been Bi-Partisan except for your same ol same ol "just say no."
Oldschoollatin:
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.
The "Neo-Con" Republicans (not your daddy's republicans I once voted for) see the writing on the wall, they have to have some sort of perceived victory over the Democrats to save face in view of their religious-right and corporate overlords, even if it means running the country into the ditch. It was OK for previous Presidents to raise the debt ceiling, but now it's a HUGE concern... can you say: o-b-s-t-r-u-c-t-i-o-n-i-s-m???
I wonder how many jerks in the "House" read this morons bill and understand it..notice he got by with 4 votes..needed 24 republicans and 20 said NAY!
Its for six months..they be right back at it again next year..what a waste!
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
Kumar -
Remember all the revisions that went into "Obamacare"? Do you remember why there were so many revisions? Remember all the things that Republicans added? Yes, it was bipartisan.
Your memory sucks.
Boner said he stuck his neck out? Not far enough-- when we lived on the ranch I got real good at chopping heads off chickens when they stuck their necks out when on the chopping block.
@Roy Wilson - nice concise analysis you've done Roy, too bad it's meaningless. Actions, programs, legislation, etc. enacted during one party's control can generate deficits (or surpluses) that are recognized years later when another party may be in control. A simple comparison of deficit amounts against who happens to be in control at that specific time period is worthless in terms of measuring who has real responsibility for actually incurring the liabilities. Nice try though. Just goes to show - "Figures don't lie, but liars sure can figure."
While we're posting hyperlinks - here's one for you:
www.washingtonpost.com/blogs/ezra-klein/post/obamas-and-bushs-effect-on-the-deficit-in-one-graph/2011/07/25/gIQAELOrYI_blog.html
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
It truly is sad to see all the CONTINUED hate mongering and perpetuated ignorance on the part of GOP minions, in here.
THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!
As usual, the GOP confussion factory continues to distort, tear down, disassimble and mock anything and everyting the OUR PRESIDENT does to the detriment of our country.
You have the usual list of Faux News full-time bloggers in here posting their repetitive diatribes, absent any objectivity or design for truth.
HOW ABOUT JUST ONE OF YOU @!$%#S BE HONEST:
OBAMA IS COMPROMISING AND YOU CAN'T BECAUSE YOU HATE HIM SO MUCH. AND THERE IS THE DIFFERENCE - YOUR HATE. THE REST OF US ARE THINKING COUNTRY...
And here coes the fingter pointing.
No constitutional amendment for a balanced budget...
No debt ceiling increase...
No kidding...
This is not a game and it has nothing to do with politics.
Thank-you Tea Party... keep up the good work.
You an other GOP keep bringing that dead horse up. I suppose that you would like if you had no health care at all. An now I look at all the GOP an they are trying to rape america again they have been doing this since Bush. Unpaid wars Tax Cuts for the rich loop hole for the corp. the lead that Party around by the nose. Don't even give me this Obama care crap I say let dump the tea party in the bay like the tea baggers the are. They are not looking out for the American People they are looking to line their own pockets just like most of the GOP that has been elected.They have no idea how to govern. If Boehner would of done the right thing an compromised the Repubs might of save some face instead of sticking up the tea parties a====
kemetstry "The country wants Obamacare. Deal with it"
Yes, they want it to go away. The LAST thing we need right now is another expensive, unfunded 'entitlement' program that will help bankrupt the Country.
Sorry, those are NOT facts, just spin. BUSH CAUSED THE DEFICITS of the last ten years and you F'ing know it. The tax cut alone was just devastating to this country. No one that pays attention is going to buy your B.S.
StopTheLiesNOW "THE FACT IS, IN THE END, OBAMA HAS BEEN WILLING TO GIVE THE GOP ALMOST EVERYTHING IT WANTED AND ASKED ONLY FOR A FRACTION OF THESE NUMBERS IN REVENUE IN RETURN --- NOT NEW TAX BUT REVISED TAX LAW!!!"
Nice try at a 'spin', but all of the reports said that they (Obama and Boehner) negotiated a cut in spending of $1.65 Trillion, $800 Billion in new tax revenues from tax reform, and an increase in the debt limit of $2.4 Trillion, but then, at the last minute, after conferring with Harry Reid and Nancy Pelosi, Obama then demanded another $400 Billion in new taxes, which caused the deal to fall apart.
I suspect that Obama wishes that he kept that agreement, but it's too late now. Obama is the epitome of someone who is clearly "in over his head".
The Peter Principle certainly applies to him. See Post #2.12
Roy Wilson
I think you are selling yourself a bit short....
I'm sure you have been the benefactor of the "Peter Principle" your whole life...starting with being the smartest 15 yr old in the 5th grade....to working your way up to the "leader" of the current therapy group you have been court ordered to attend...
If it worked for you.....why condemn it?
Another right wing giveaway to fascist corporations? Yeah - that could very well be what he means.
Rand Paul is such a phony that he can't even show his real head, it must have a big point on top of it. I would slap that wig off of his pointy head, and make him eat it.
PS. If you're looking for proof on my claim -
Just ask yourself how many Obama supportive comments you've seen on the part of the REGULARS in here who CLAIM to be independent???
Like their master - Faux News - claims of "Fair and Balance" masking an agenda of deception.
I for one am glad to see the cost reductions that are going to occur due to GOP pressure! I only wish the GOP/TB could share in my compromise and look for some patriotism from the top 10 percent.
It's 2011 and the Bush tax cuts did not work. Deal with it.
Unlike the posers in this forum, I actually am a moderate but I learn liberal on fiscal matters, conservative on social ones... Why? Because I actually have an education other than media propaganda and I look at outcomes over a bunch of rationalization drudged up by GOP operatives pretending to be legitimate news outlets.
LOL.
Just look at California we are Broke 26 Billion
and who controls the State Legislature
D E M O C R A T S
Since the mid 1970s they been pooping and taking individual freedoms from Californians.
You can try and blame the other party but they are a minority.
ROY WILSON-336103
Those independent colors of yours are showing again. About as honest and reliable as your information. lol.
Look at outcomes over abstract truths and you'll be a lot better off.
OBAMA has given YOUR party what it wants... you won't compromise! Boner, walks away... Boner won't return calls.
Man up and see the forest for the trees. McCain along with a host of other GOP of old are aligning themselves AGAINST the TP --- come on, admit it... you can do it. They see past Faux (YOUR) spin. LOL.
I'm sure ole' Roy will not be returning his Social Security and Medicare checks.
The problem with people like you Roy, is you like to scream so loud that the only message that comes through is "Hypocrite."
kemetstry -
Proof please. Can you actually point to an unbiased poll that says that a majority of Americans want Obamacare or are you just spouting leftist rhetoric because that's what you want to believe?
Old School Latin Teacher: As a teacher you should have know that it is not the job of the President to write bills, that is the job of the congress, because there has been no respect for the President based on him being a Democrat as well as being a Black Man (and don't tell me I am being racist, you know what I say is true)you Republicans ask of things by this President you would not dare ask of another person no matter the political affiliation, why don't y'all grow some respect since y'all didn't learn it from your MAMAS.
NO, NO, Roy is in FAVOR of taxing the wealthy. LOL. Where one lacks rhyme of reason they can offer repetition.
:)
OMG stop cm heh race cards are @!$%#ing lame We are a Nation of all colors & creeds it's all about policy and his just sucks 8)
get over it already we are in the 21st century and I would vote for Condi if she ran she has a bigger set of balls then this putz.
Yea Geo Sapper: Plenty of jobs in Texas if you like being a waitress, working at Taco Bell, Walmart, K-mart and all the other marts, the Mall..not much jobs in the Tech field, engineering unless you want to be in oil/gas industry, not much to offer, personally, I don't like cliques, and all these industries are related one way or the other, that's why I got the h*ll out of dodge (Texas)
Big Al: Yea, you would have voted Condi, You, perhaps, others I would put $$$ on, it's his race, I have seen too many criticism to have to draw that conclusion, As for Condi I wouldn't vote for her, don't like the policies she embraced with G.W, it's not color with me either it's what we believe in.
CM The Key Word is Working, that the Economy of Texas is supporting those Jobs. In spite of being overun by Illegals, think about that when you line up in that unemployment line. Seems to be a Much more viable solution than anything BHO has tendered. Oh Oh Wait, I forgot, unemployment insurance is employment, according to one of the Great Minds in the House, Pelosi.
By the Border: Employment is a wonderful thing, but if a person is unable to support themselves and family with that paycheck you think they're going to be happy? If a person cannot take their family out to dinner, movies, arcade on the weekend they won't be happy, these minimum wage jobs Texas is offering is not worth anything but long miserable hours and nothing to show for it, hell, it can't even pay the rent, light, food transportation and all the other necessities, I lived in Texas for 16 years I know what I talking about, and I had a so called good job in one of the oil companies, the misery endured with co-workers, then supervisors, the envy if you wear something new, the questions where did you get that from, the boss even wants to know your zipcode to see what neighborhood you live in...Texas..F off.
Zambu,
Good link, thanks for finding that. People forget that a lot of Bush's spending lives on far beyond when he left office. What was Obama supposed to do? Immediately stop both wars, immediately overturn the Bush tax cuts and immediately end the Medicare prescription drug program? Even if he wanted to, he couldn't have done it. If he could have done that his numbers would be much different then he gets "credit" for.
Because those continuing Bush spending items were unfunded from the beginning, they became the gift that keeps on taking. Just because some of the money to pay for that was borrowed during Obama's term, doesn't make it "his debt" or "his spending". The debt may have grown under his watch, but the bulk of that growth had nothing to do with Obama policies. Most people are either too dumb to see this or are just looking for an excuse to hate Obama. He may be the guy expected to fix the mess, but it sure isn't one he created. And it isn't so easy to fix something when the other side stops virtually every attempt you make.
Ezra Kline is a very smart young man and makes pretty good use of his mind in his analysis. But he's not politically blinded either. I've seen him be critical of some of Obama's approaches too. The kid looks at facts and data, not trumped up spin. It should be no surprise that his analysis in this case is favorable of Obama, because that's what the real data says. He puts the numbers into proper context rather than manipulating raw data to create a vision you want to see.
I thought "The Peter Principle" is when you post the same thing over and over. Oh that is dementia. Sorry.
Less than 48 hours to De-fault. Never before have we faced this until the Tea Party took over the House. I hope you all remember this in November 2012.
Every time an Amendment was added to a bill,to pay for the bill with taxes, The Amendment went down in Flames and the Bill would pass with No Funding. Raise the DEBT limit they all would chime and 7 times it was raised during the Bush years. John Kerry voted for the Amendment to fund the Iraq War if it was paid for by the Taxes raised by the Amendment. It Failed, So Senator John Kerry voted against the Bill to fund the War without paying for it. In 2004, FLIP-FLOP was the nick-name given Senator John Kerry because he said he voted for it before he voted against it. Republicans, at their National convention, passed out Flip-Flop Slippers to the audience for televised waving because they wanted to make John Kerry and the fiscal responsibility he wanted to be thought of as bad.
The Democrats want to pay for what we do but Republicans want to pass it on down the road. Now it is JUDGMENT DAY and The United States of America Will pay with a collapsed Dollar, Defaulting to it's Seniors their Social Security and Inflation with shrink the Value of the Dollar by 75% or more just like what happened in Indonesia in 1998. Riots in the Streets, worse than the Watts Riots, will sweep across America. Wealthy persons reresidences burned, occupants Raped and murdered, Just like in Indonesia in 1998. Martial Law, State by State, will be imposed. A general Strike that will last until wages are brought up to the new value of the Dollar. All so the Wealthy can keep and extra 5% in Income taxes, they will lose 80% of their wealth to inflation.
Democatthroughandthrough
Oldschoollatin:
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.
To say nothing of that two-term bumbling idiot who was incapable of speaking in complete sentences.... 2 wars of choice (although Afghan war warranted) spent the surplus in the first six months in office like a drunken sailor, RAISED THE DEBT CEILING SEVEN TIMES... and Republicans call themselves fiscally responsible... tsk tsk.(sic)"
As far as the speech making capabilities of both men are concerned (and I roasted Bush for his verbal asininities) I note that without the use of teleprompters both men sound ridiculous and completely lost in the vagaries of English. (Do you think it might be because of ESL?)I understand from reliable resources that the U.S. is not engaged in two wars, but six.
It is also apparent that the total of Bush's eight years (seven deficit)amounted to far less money than Obama's three years in office.
On the other hand, I do not consider either of these men worthy of being President of the U.S. But since American voters think otherwise they rule. Even if they sink our ship.
At one time, I even had hopes that the Tea Party people might lead us into Jeffersonian politics.
Sigh.
Ralph Nader said after the 2008 election that Obama lacked the ability to grasp the power of the Presidency. Was he ever correct.
Wrong song. For you it's Dream On by Aerosmith...
b dune, this is garbage. Don't spend sentences inventing a negative bio for who you're arguing with. Benefits no one. You're suspended for a day for violating #1 of the Code of Honor.
You mean YOU want health care reform to go away. The country doesn't. I don't. The last poll I saw said it was about 50/50, and that's only because of ...... Rush, Glen, Laura, Koch, Savage, Neil, etc. putting out misinformation, like "death panels".
If the right would spend as much time doing something constructive as they do trying to tear down Barack Obama and harming our country, we could actually make some major progress towards rebuilding our place in the world.
The majority voted for Obama, so others need to deal with it, as I had to during Bush's terms. You will have your chance to vote again in 2012. If your candidate gets elected, how would you like to see him being treated the way many of you are treating Obama?
Criticism is one thing, but working to destroy him and the country in the process is despicable any way you look at it.
HMMM< I believe the name you are looking for is ARNOLD, GOVENOR OF CA.
Repub.........
As a citizen I did not know that our elected public servants have forced medicare on to "we the people" when we turn 64............So this is why Obama Care can be forced on "we the people." The Republicans know they are going to loose their case in the Supreme Court unless they abolish the legislation forcing every citizen into medicare and medi-cal at the age of 64! Both parties are pimping "we the people" Social Security benefits when we turn 64. Then if "we the people" fail to sign up for Social Security when we turn 64 "we the people" will be penalized 5% every year that we do not sign up for our own benefits...........I guess this is the best pimp game in Washington D.C. Wake up American Citizens.......educate yourselves about your retirement benefits that you have been working for all your life. Our elected public servants are a bunch of thieves and liars and we are focused on the wrong things at this time called the deficit!! They are robbing "we the people" of our Social Security retirement benefits now by forcing us to sign up at 64 so they can take a percentage of our retirement benefits and give it to Medicare and Medical weather we are chronically ill or not; or take away 5% of our retirement benefits because "we the people" sign up after the age of 64. If I am wrong I apologize and stand corrected!!
NEWSFLASH...NEWSFLASH...There is NO "party" in D.C. worth a hill of beans. And contrary to popular belief there is NO such thing as a "tea" party...they are NOTHING but a far right "extremist" arm of the Republican party. Democrat, Republican, Independent, ALL worthless and useless.!!!
Yeah, Granny and Grandpa are bomb throwing terrorists????? You are out of your mind, or haven't seen the well-dressed young, black, middle-age and elderly people for the most part at most of the rallies. None of that sixtyish filthy looking people of the extreme left.
Here we go again...all liberals are hoodlums. By the way, I haven't seen one rally that was chock full of minorities. Just a lot of crazy people screaming: Government get out of my life out of one side of their mouths while screaming, "Don't touch my medicare and social security". Get real.
No, I didn't. I saw a few old biscuits and some guys chewing tobacco with guns, but no Americans.
Dasvet - clearly you haven't seen the GOP lately. The most disgusting pieces of garbage on the planet and none of them gives a damn about America. The Democrats are working for the country - not against it.
As my lead on this thread states...NONE of them are working for ANYONE but the wealthy...PERIOD. If you believe otherwise, go back to sleep, and stick your head back in the sand...
A plan that puts off the real work of cutting spending is only going to be changed with the next election... In other words if the Dems get control of congress again they will just take all those PROMISED CUTS and get rid of them. So, we have more trillion dollar debt and no cuts afterall.
No one can keep spending and make our economy thrive again - only the Dems think that works - it doesn't...
So is Reid's proposal going to cut spending just like the Medicare Dr. Fix (SGR) did? (not).
The OMB score that said HCR reform would eventually save money was based upon 1. 500b in medicare cuts (that will never happen) 2. double counting of the medicare cuts.. see #1, and implementation of SGR (medicare dr. fix) that requires massive cuts in payments to providers.
FYI the SGR has been shelved many times by congress and each time they do, the future cuts needed get larger.
So as a solid middle class person I do not advocate ANY more taxes for ANYONE as long as:
1. Congress can't seem to cut ANYTHING (I want a Guarantee cuts will be made!!). Start with the already passed SGR, and maybe I will listen.
2. As long as we are giving out BILLIONS in foreign aid, I will not support other Americans paying for it.
Real cuts NOW!! there is nothing wrong with a balance budget amendment... It is exactly what we need!
In the end, if I MUST find something positive I would have to say this. My days at the tribune blog have panned out quite nicely. Have they not? My stated goal to insure the destruction of the republican party and the tea baggers has now been achieved. ; ]
Cheers
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
Here's Johny
How much should your representative cost?
Dadgum, you liberals are never happy. It was Bush ruining the country. Now its Boehner ruining the country. Even though Obama had 2 years of full control of house and senate. Yet for some reason, libs can't get that through their brainwashed skulls! Up until a year ago, the most important thing to Obama was spend, spend, spend on Obamacare, stimulus packages and then he's faced with insurmountable debt and blames it on the Reps who want to stop the outrageous spending!! Enough already, please folks vote out this MARXIST, 2012!!!
Yes, with really intelligent things to say like "keep your government out of my Medicare". That's the T-Party my friend; style not substance. They are willing to blow-up the US economy, and for that matter the world economy if they don't get they're demands...sounds like a terrorist to me!
When they show you who they are...believe them!
With every passing day, my contempt for the Teabaggers grows deeper.
"The bill passed 218-210, with no Democratic support."
I wonder how many of his fellow Republicans Boehner had to threaten to strangle to get that narrow majority!
The Tea Party is this nation's only hope. We need less government, less spending, and a balanced budget amendment. Cut spending now. CUT, CUT, CUT. No more taxes. We pay too much tax already.
We must, absolutely must stop spending our kids and grand kids money. We are running up huge bills that we will never pay back or even be able to pay back. We are borrowing and spending money we don't have. We will then retire or die and leave the bill to our kids and grand kids to pay. We ought to be ashamed. How selfish. How irresponsible. How shameful. Are we that self-centered and selfish? I hope not. Can other folks not see this is evil and that it must be corrected?
So, who's going to cut spending? When are they going to do it? The Republicans and Democrats don't have the guts to do it. Makes too many people mad. But how stupid do you have to be to spend money you don't have, year after year after year? The answer is obvious. Stop spending now. Is that cruel? Is that unkind? Is that uncaring? Is that unfeeling? No, it's just realistic, solid financial advice, it's just common sense.
Here's the funny thing about the tea party. It exists only in the minds of rational, responsible taxpayers, who have been digging into their pocket for years to pay for this stupidness. And guess what, the tea party is not afraid. It doesn't have a national candidate. All of its candidates are all local. Liberals from states like California and New York (states that are basically bankrupt) cannot "vote out" South Carolina, Oklahoma and Iowa tea party candidates! Pretty amazing and the liberals just don't know how to handle it. The tea party folks are truly a force to be reckoned with, my friends, a force to be reckoned with indeed.
W. Goin, thanks for the laugh. The only people the democrats are working for are the wealthy union leaders and the lazy. The more people that become dependent on the government for their livelihood, the longer they can stay in power, which is the democrats ultimate goal.
@Fights: It's the truth, but the lib's can't handle the truth...Maybe they can go back 20 years or so and blame it on Reagan.
When does Obumbo actually take over the presidency??
Looks as if the Democrats are now the party of "NO", but I assume that we are going to hear about how the Democrats are standing for something...like the Republicans weren't doing the same thing...
LOL. REALLY, so congress screwed up the economy and Bush was innocent of all charges???
OK --- so if Bush wasn't responsible then how is Obama responsible now?
HEY, have you noticed how everything has turned to @!$%# since the GOP got the House back??? HMMMMMMMMM.
You people are so full of it. LOL.
Fred Bastiat - Our kids and grand kids aren't going to give a tinkers damn about the national debt. They're going to care whether or not they will have a job. Whether or not they will be able to have their own family. Whether or not there will be a social safety net there for them if they or their children need it. Why don't you T-Baggers just tell the truth once..."Its all about you!"
When they show you who they are...believe them!
"This House, led by the Republicans, has put every state, city, every university that writes bonds at risk… because of this foolishness," McDermott said. "We need a clean lifting of the debt limit", and why is that Rep. McDermott?
I disagree with Rep. MC Dermott on this point, I feel "The children have been in charge of the candy store too long...something must change...we are spending ourselves into oblivion!
Stop this stupid charade!!! Stop the party crap. Unite as Americans and force our officials to do business. Not just Mr. Boehner, but let's see some serious work product from the Democrats and the President. At least Mr. Boehner is showing up for the debate. He is putting something in writing and trying to sell it to his party. Show us some options from the rest of the govt.....Stop blaming!! Let's get together as a nation and demand that they do their damn job. You people will quarterback us into a major depression if you don't start looking at each other as Americans instead of Democraps and Repukes....How stupid does that sound, really?
So basically what McDermott (DEM) from Washington said is that 'we want a CLEAN lift of the debt ceiling". In no uncertain terms that means exactly this the democrats are saying they will only vote yes for a BLANK CHECK. That is exactly what a CLEAN LIFT means..no strings attached. No spending cuts, no balanced budget nothing but a blank check. What does that mean to you and me...sooner rather than later that means HUGE TAX INCREASES to pay down that debt. The Dems are nothing but SPEND SPEND SPEND....and when there is no more money...hey lets get another loan. Really people....that is NOT how the world works. But it does for them because all they have to do is say gee AMERICAN TAXPAYER....suck it up we spent ALL your money and then some on stupid garbage and gave the rest away to countries and other governments that hate us so now.........guess what we need YOU to cough up more taxes so we can just frivolously spend more of your hard earned money while we make sure we in the Federal government are exempt from paying those taxes.
These people make me sick. Time for the democrats to go back to first grade and take a simple math class...if the bucket starts with 20 apples and all 20 kids bring in 5 more each the first day how many apples does that make...well that is 120 apples. Well then if all 20 kids take out 6 apples per day but only bring in 3 how many days before the bucket is empty.......not too long my friend. That is exactly where we are at........too many people taking out of the bucket and not putting enough in. Those that have never put in shouldn't get anything from the bucket. This includes the 'earned income credit' that needs to go like yesterday. Give me a break you pay almost nothing in taxes and then the government sends you a 5 thousand dollar check because you have a slew of kids and are living off the system. This only promotes laziness and rewards it. You should be eligible for not one cent more than you paid in. No I am not wealthy I am middle class and I am sick of watching people use the system and expect that the rest of us should foot the bill. Get off your behinds and get a job or two if that is what it takes to pay for your life and kids. My parents did as did I and my family has never received one red cent of assistance from ANY government agency or any private agency. We paid for what we have. If there is no money we don't have it end of story. Those that have paid all their lives should not be stolen from to pay for those people to lazy to take care of themselves. We should take care of the 'least' of us, meaning the elderly and disabled but NOT the laziest of us, meaning those perpetually sucking off of the government teet of welfare and making zero attempt to pay for themselves. Those that claim they have a right to have kids.......well not according to the constituion or bill of rights...besides that if you want them pay for them yourself quit insisting that it is your right to have them and foist the cost of them onto the rest of us.
The laziest generation needs to grow up and learn to pay for itself the greatest generation made sure YOU didn't have to learn to speak German or Japanese.
If they don't pass something in the next week, maybe 2, we'll get to see an entirely new congress in 2012. They have a bit longer than the Tuesday deadline because revenues exceeded what was expected when the deadline was announced.
Personally I don't see either side about to give much more ground than they already have. The "pro-wealthy" republicans will not raise taxes, and the "pro-poor" democrats will not cut enough spending. Who was supposed to be the party for those of us in the middle-class anyways? I guess with our numbers dwindling every day no one up there even cares about us any more....................I say we unite and form a third party, the Republicrats, a party for the average citizen. Let us see where all the money comes from and where it goes. I'm sure there are enough people out there with enough common sense to see where money being generated needs to increase and money being spent needs to decrease in order to balance the federal budget.
We may not agree on everything, but at least we would have enough sense to pass something in order to save our nation further embarassment.
I'd have more respect for your opinions if you'd not leave out the fact that Republicans spent us into oblivion from 2000 to 2008. I admit, the democrats tend to spend alot, as well. But generally on social programs and not illegal and useless war. If I had to choose, i'd choose the social programs. Much of the spending under Barack Obama has been as a direct result of having to stimulate the economy to save it from collapse and putting the two Bush wars on the books. Now, I again, blame Mr. Obama for spending money in Libya. But at least he has put it in the budget.
When are we going to get over the pointing of fingers and work together? Sadly, as a country, we are so divided that the Congress simply reflects the country that elected them.
And, here's one that will make your eyes roll - I work for local government. I get paid for 40 hours, but consistently work 50 or more hours per week. I am exempt - so no overtime. Many times, when others were warm and dry in their home, I have filled sandbags and deployed them in storm conditions at 2 in the morning to save homes. As a reflection of the people, government needs hard working, qualified people, too. Yes, I've seen lazy public workers...But the same occurs in the private sector. And have you ever worked for elected officials? You'd be surprised at how much tact and patience it takes when you work for these egotists. Nonetheless, I am proud of my work and satisfied with my job.
I still don't get how people talk crap about the tea party being worse than Mr. dead on arrival. I haven't heard one peep out of house dems. Did they try to help at all. If harry has a problem with the bill then he can make corrections and send it back to the house who will have no choice but to pass it. This is all a bunch of bull. Trying to blame everything on someone else.
I have just three questions. How long has the tea party been in Washington?
How long has Harry Reid been there and what has he ever done to try to save our country some money. All he does is talk to the camera and spend money.
So how do you people think we are going to be able to afford anything if the debt continues to rise year after year.
Once again I'm not a Republican, but I do know how to count.
Winkiesixtysix,
Seriously??!! I wish people would get educated before they spew such nonsense. Raising the debt ceiling has nothing to do with any blank check. It's about America being able to pay it's debt. In simple terms, if you take out a loan to buy a car, then you have to make payments on that debt. This entire situation is nothing more than just plain old-fashioned partisan politics on steroids. Republican hatred for President Obama is beyond sanity. In fact, Senator McConnell's stated objective is to "ensure that President Obama is a one-term president." Apparently, he intends to achieve this aim by destroying America's credit rating and ensuring that unnecessary debt due to raised interest rates is added.
THIS WOULD BE BAD FOR EVERYONE!!
Yes I know republicans spend too. My point is it's not the tea parties fault that they came in to Congress with our country 14 trillion dollars in debt. At least they want to fix it, Instead of putting it off year after year. I, for one, am glad to see that at least someone in Congress understands that this can't go on forever. Get over it Dems you've been in office for how long and where are we now. Republicans too. I'll give the tea party some slack for a couple years.
See what happens when they take that lets wait and see attitude, why is it that now it's so Important, why was it not important years ago when these Republicans was giving away our kids future and digging a hole so deep that we will never get out, just how much is enough, so damn greedy now lets see how you people like this mess you've created ....
It doesn't matter this is now and we need to take care of our problems.
That's exactly how we got into this mess. But yeah they are greedy and education is way under funded.
The news today is the risk of a double dip recession.
Let Washington get there books in order and I bet everybody would feel a lot more comfortable. Overseas too.
We do need to reduce our spending to a level we can pay for, but this is not the way to do it. Republicans have a majority in the House, they could have made the budget the only issue over the last six months instead of focusing on gay marriage and abortion. I don't think they really want to fix the problems, they just want to be in charge. They waited until the last minute and made this crisis. It's not Democrats who are refusing to compromise, it's the new batch of Republicans who have decided that "compromise" is now defined as "my way or nothing."
Let's go back to when our economy had actually a surplus. Let's see, that's when George W took office. He inherited an economically healthy USA (which got that way under one of those leftist, socialistic/communistic, pinko types, BRUUHH!!). But, true to his stupidity, George W (with the help of the Hitler-wanna-be, Chaney) quickly surmised that the best way to fix the economy (What is it Broken??) was to enact tax cuts and start a war with IRAQ (I'll grant that the war in Afghanistan was necessary) just to punish Sadam, who was making fun of his daddy.
As the economy improved (at least that's how George W. saw it), the debt ceiling was raised and the economy kept improving--after all, he did cut taxes! As the economy continued to improve, the unemployment rate started to increase. In the eyes of George W., that was a good thing. We'll just raise the debt ceiling again and the economy will keep improving. How do we expedite this economic improvement you ask? Why we'll shrink Government. We will deregulate the banking and housing industry. We will also deregulate Wall Street. Lesser Government is good for the economy. Thus, the economy will keep improving. And the unemployment rate kept rising. The Maddox types started to flourish--scheming brokers and bankers were free to help the economy grow. Bankers and brokers, left to themselves started to play "line my pockets" with bogus loans. And the economy kept improving. Unethical behavior was the order of the day at Wall Street, after all, with no regulatory Government to get in the way, all the selfish brokers were free to help the economy grow, RIGHT!?
After eight years of the economy growing, someone whispered into George W's ear that if he didn't get his head out of his a$$, the economy was going to tank, worst than it did in the 1930s. But how can this be? After all, he cut taxes, he deregulated all of those industries, he shrank Government. I know! Let's raise the debt ceiling again—that always seems to work. However, the little birdie once again whispered in George's ear: If you don't do something to stimulate this economy, the entire country is toast!! So George W, true to his less-Government belief, imitated the biggest subsidies programs since the Great Depression. Remember that this is a conservative president that doesn't believe in Government intervention. Since it took eight years for Mr. Bush to grow the economy to the point of complete melt-down (an economy that went from a surplus to a deficit of over $10T) he could not stick around to execute on his subsidies programs. That was left to the poor Socialist/Communist that came after him. This poor schmuck gets stuck with all the work and all the blame of trying to reverse all of that economic growth brought about by eight year of incompetent economic policies under George W—the hero of the religious, right (remember, George W spoke directly to God!).
So, this new socialist/communist president begins to execute on the programs that George W initiated and immediately, those of narrow mind and short memory place all the blame on him. Since this new socialist/communist type didn't speak directly to God, he is worthless, and therefore deserves all the wrath of the true believers. Now how do help this worthless socialist/communist solve our problems?! Let's send to congress more of the religious, right wing nut jobs (that don't know beans about economic policies or how to run a Government) so they can stall any and all attempts at resolving our problems. First and foremost, no reversing of George's tax reductions—after all it was those tax reductions that got us into our current, great economic situation. We must continue that process. Second, no raising of the debt limit. George W raised it enough times such that we no longer need to do it. Third, we must reduce Government further by removing all regulatory agencies that serve no purpose other than to stop those bankers, CEOs, brokers, etc., from helping themselves, err, helping the economy grow. Fourth, let's eliminate Government control of Social Security and Medicare. These programs need to be under the control of the bankers and Wall Street types who will see to it that the funds are around for their benefit, as they grow older—line their pockets. And last but not least, let's reduce Government by enacting laws that prohibit abortions, gay marriages, collective bargaining, and any other civil right that hinders the economic growth. SMALLER GOVT, After ALL!
So, have I missed anything is my short summation of where we are and how we got here?
Comedy central try outs....
Harry Reid does not want to compromise.
Trust me I don't like the way they (the Republicans) did it either. I don't even like them. But also saying that it is dead on arrival only makes things prolong as well. I don't believe they will make any type of meaningful legislation in the end anyway. Other than just raising the debt cieling.
I think the a lot of the reason that we are having money problems is that the politicians don't understand what goes on in the different departments of government and pass laws that are unusefull and a lot of the times just hampers the way that these departments are run. They don't understand what is really usefull to society. Thet just keep passing more laws that make everything more and more complex.
And they give stuff away to gain votes.
If allowing the liberals to spend us into oblivion is the compromise you are asking for, then thank God that some have stood up and at least tried to put some financial sense into place. If spending 40% more than is taken in revenues, constantly, isn't a disaster then somebody's calculator needs new batteries.
Since the lame liberals persist in collapsing my post, which is not in violation of any conduct code, I will repeat it;
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
I think it is time to get these fools out of office and replace them with people how give a damn about this country. Enough is enough and stop all the bull@!$%# right now. I, like most Americans, are tired of BOTH playing politics with our future. Here you have it ladies and gentlemen, the demise of our country. This is no longer a Democrat or republican issue anymore. This is an American issue. Get rid of everyone in Washington and vote in people who have an America first approach. Both parties are equally responsible.
StopTheLiesNOW "OK --- so if Bush wasn't responsible then how is Obama responsible now?"
Obama signed the anti-business, anti-growth, anti-jobs bills that Nancy and Harry forced upon us.
Any other questions? By the way, since a President can only sign or veto bills that reach his desk, what legislation did Bush sign or veto that makes you think HE was responsible?
ROY WILSON-336103,
You're right. I do not condone collapsing of posts. Everyone has a right to post what's on their mind, no matter how ridiculous, insignificant, irrational, or idiotic it may be. So keep posting your stuff. It makes for very amusing reading.
Finally... fix it pass it and then get to the paydown of our debt or nobody will be on welfare.
Are you even watching what is going on? Or are you trying to convince yourself that it is not the republicans on the verge of @!$%#ing over the country?
Let's be honest about raising the debt limit. The main reason we need such a big increase is because of the HUGE spending increases under Obama.
In all 8 of Bush's years (2001 - 2008), he ran up only $2.006Trillion in Deficits, but Obama will have run up $4.3 Trillion in Deficits in only his first 3 years (2009 - 2011).
For those who doubt this, the following link to Obama's own White House site verifies that this is true;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
OK ... the minority party's stated goals are to privatize schools, privatize social security, privatize medicare, privatize the military ... and what else ... anything else that will lead to smaller government. So, to continue the overtaking of the public sector by the private sector, I recommend privatizing Congress. We are partway there already ... it wouldn't take much. The surprise is ... you have accomplished your smaller federal government ... now watch your generous health and retirement benefits become privatized, oh my ... and perhaps your jobs can be outsourced to your favorite lobbyist, smaller government, hooray ... !! You can contribute to smaller government right now ... just reduce your salary ... and cut your staffs by 1/2 ... how are we doing so far? sounds smaller to me.
The TEANUTS are sick losers that are out to destroy America, wake up America.
The republicans voted no to a bill that would have closed the loopholes on any corporations that shipped American jobs overseas.
Republicans refuse to end American taxpayer paid multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter.
The republicans refuse to have the rich pay their fair share in taxes. Billionaires are paying approx. 17.7% in taxes on their incomes, the middle class is paying approx 30% in taxes on their incomes.
Bush was instrumental in the housing bubble. He instructed Fannie/freddie to give loans to people, especially minorities that should not have been given a loan for a tent. Look it up.
Bush's budget looked so much better because his trillion dollar wars (in the wrong place) were never included in it. Obama has the wars in his budget as they should have been from the start.
The debt we are paying now is from trillion dollar wars, unfunded Medicare part D prescription drug benefits (that were a sweet deal for the pharmaceutical companies), tax breaks for the rich during a war.
What anti business, anti growth, anti jobs bill did Obama sign?
More republican propaganda.
Confused I think that was partly because Clinton did something to incourage banks to start giving out loans to people that screwed them with variable interest rates that they thought would never reach and to people who could flat out not afford it. Causing this big housing bubble.But hey everyone had a job. This cool thing called the internet was beginning to get big too. Now we are here. When Mr. Clintons and the banks shady operations finally collapsed. George Dub is no better just sayin. Greed and vanity.
So now the Republicans have passed TWO bills to increase the debt limit, versus none by the Democrats, but instead of debating and amending them to something more to their liking, they simply IGNORE them, and they still claim that the Republicans are the problem?
What's wrong with this picture?????????????????????
President Obama has a plan, "Republicans shall change their votes and do as they’re told, or the United States defaults, doesn’t make payments, doesn’t make military service payments, doesn’t make Social Security payments".
So there it is. Obama will default until the Republicans are voted out (2014).
confused-3012211 "ROY WILSON-336103, You're right. I do not condone collapsing of posts....So keep posting your stuff. It makes for very amusing reading."
I can see why you might get 'confused' by facts, since they don't agree with your pre-conceived notions.
Feel free to use Obama's White House links to verify my FACTS.
What are they doing lib50.
The same thing they have been doing forever.
Aren't you used to it yet.
Post collapsers are cowards. Stand up for yourself and lay off the clicker.
WOW! I MUST HAVE STRUCK A NERVE---------------------
LOL. REALLY, so congress screwed up the economy and Bush was innocent of all charges???
OK --- so if Bush wasn't responsible then how is Obama responsible now?
HEY, have you noticed how everything has turned to @!$%# since the GOP got the House back??? HMMMMMMMMM.
You people are so full of it. LOL.
The T party zealots have ensured that the Republican party will be defunct for the next several generations.
For all your blather neo-cons blaming this on Obama for offering his party additional concessions during the Boner / Obama dialogue that resulted in Boner walking out like a child... and not returning the President's phone calls either... LOL.
Get this through your head, even if the original exchange had not been met with a counter the Tea Brains would not have signed off on it...
IN OTHER WORDS, YOUR SHOOTING BLANKS.
Uh, the fact that he was Commander-And-Chief has something to do wiht my belief that he was responsible. I'm I pretty well educated guy and I'm not up on all the legislating passed during this period. Somehow, I have a problem taking the word of some guy in a trailer sucking up SS while at the same time clearly living his life on a forum
Again Roy, instead of recognizing the outcome of the permanent command chain, where accountability ends - you spend your time assimilating your own version of reality from the piece you like.
Ted 050247 "Republicans refuse to end American taxpayer paid multibillion dollar subsidies to oil companies"
A subsidy is defined as "a direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like"
Can you provide any real examples of 'subsidies' to oil companies that amounted to 'multibillions'?
Whatever one's opinion on who is to blame for the current economic mess and complete degeneration of the political problem solving process into partisan politics, there are some IMPOSSIBLE TO IGNORE FACTS:
1. Obama has already amassed one of the LARGEST REELECTION WAR-CHESTS IN CAMPAIGN HISTORY FOR 2012.
2. It is OBAMA'S FERVENT WISH TO POSTPONE DIFFICULT ECONOMIC DECISIONS UNTIL AFTER HIS (Presumably Successful) RE-ELECTION CAMPAIGN.
3. His MISERLY words at a Chicago event this past year when the microphone was inadvertently left on and he said something to the effect that "they think I'm stupid but they won't get any cuts by me...." something to that effect . ...take a listen to that footage and you will see what Boehner is up against. Obama has apparently been simply lying and playing partisan politics hoping to get his tight-fisted hands on other people's money so he can redistribute it himself w/Pelosi and Reid.
4. Timothy Geithner has announced he wishes to LEAVE OBAMA'S ADMINISTRATION ASAP AFTER THIS DEBACLE.
5. Who will be next Ben Bernanke?? And all this is the Republican Party's fault? NOT TRUE! The Teapartier's are merely a response to Obama, Reid and Pelosi and their policies.
Not one of the prouder moments for the GOP. Only $917B in cuts over 10 years? That's less than $92B a year, only about 6.5% of the deficit...only about 2% of the actual annual spending. Pathetic bunch of clowns...
Roy, no he cannot give one. He wont even try.
I'd like to believe this but clearly there are a lot of stupid people in this country. So, I don't know...
OH - you got me! LOL.
Stop acting like you'll listen. It's just silly.
You got yourself.
Yeah, right.. it's REPULICANS destroying this country. LOL What a joke!
BTW, if the Tea Party was truly made of of far right extremists, they would have chosen a name a little more threatening than TEA PARTY I think! hahaha You people are freaking morons.
I mostly cashed out a couple weeks ago, counting on the fact that our leaders are too incompetent to lead, and after next Tuesday the markets are going to crash hard.
Looking forward to stocks going on sale! Maybe even fire sale...
Time to embrace the horror my friends. There's plenty of money to be made in financial collapse and the downgrading of the U.S. credit rating. Hey, at least we'll still be less risky than Greece :)
This is ridiculous, The Pres. says he wants a bipartisan bill, but yet does not even listens to what the Repub's, say. The Senate does the same. If it is not to their, I mean the Pres's liking the trash it. Then accuse the Repub's of not playing fair. Its time the Dem's quit playing games and go to work. We are in dept beyond our means. Stop wasteful spending. Bring the factory's back to our country. Make the oil companies and the other millionaire industries pay their share of Taxes like the rest of us. Get rid of the health insurance scam Obama created. Instead fix the Medical problem where Dr. make $10.000 an hr. Or charging $100.00 for a $1.00 pill.
Dasvet
I guess you didn't get the sarcasm. What other things do you think you don't get? lol.
I'm curious, do you understand the following paragraph? Or, like Roy, do you just pick things out that make sense to you and pretend to understand what's going on...
That is how depressions happen azdad. Dont encourage.
Here's an 'Inconvenient Truth' that's guaranteed to get 'collapsed', with full links to Obama's government sites to verify the facts;
Who's responsible for the Budget Deficits and the Debt?
While it's tempting to blame the President for Budget Deficits, it's actually the responsibility of Congress to pass a spending budget, which establishes the amount of the Deficit each year and any required borrowings on the Debt. So what does the record show, based on who controlled Congress over the last 30 years;
DEFICITS ($7.304 Trillion)
Total Deficits when Democrats controlled Congress (12 years) = $5.022 Trillion.
Total Deficits when Republicans controlled Congress (10 years) = $1.219 Trillion.
Total Deficits when Congress was split (8 years) = $1.063 Trillion.
NEW DEBT ($12.654Trillion = 93.3% of all the Debt in our History) (a)
Total New Debt when Democrats controlled Congress (12 years) = $7.623 Trillion.
Total New Debt when Republicans controlled Congress (10 years) = $3.260 Trillion.
Total New Debt when Congress was split (8 years) = $1.771 Trillion.
Spin it all you want, but these are the FACTS
(a) – Contrary to popular belief, the National Debt increases far more than the Deficits for each year.
Sources - Democrats controlled Congress from 1987 – 1994, and from 2007 – 2010. Republicans controlled Congress from 1995 – 2000, and from 2003 – 2006. There was a split Congress from 1980 – 1986 and for 2001 & 2002. The government site to verify National Debt increases is;
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
The government site to verify the Deficits for each year is;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
I'll let the facts speak for themselves as to which Party is more fiscally responsible.
I am not crazy for either party and first time post any potical comments online. Both parties have been responsible for today's mess we have, although Dem might have been a bit more responsible. Besides the US government, over spending and borrowing are norm for many Americans that is the reason why we are in recession now the first place. For political reason, it is very hard to expect Dem will cut a dim in any budget (they will lose their base right away). If no cut, that means tax more, conservative, upper middle class and businesses all kinds will rebel against Rep. The way the US depending upon borrowing money to operate the government and to feed many parasites who are sucking the blood of our country is like a drug addict, when run out of money, they feel the urge to borrow more (not make more or live to their mean). It is not going to be easy for the government as well as for all those Americans who have all those entitlements from the government to give up their habit just like the drug addict. In order to get the country health again (or get the drug addict clean and health again), it is to take away the drug or insist on borrowing limit. it will be painful. No pain no gain! The pain is short term. But if we continue to addict to borrowing or dosing, there will be no future for this country, even if this generation will not live long enough to suffer the consequence, our son and grandson will. Unfortunately, many of us, particularly those politicians refuse to face the reality. Everyone just want to be the hero to solve the crisis today and leave the mess tomorrow for someone else.
Another thought, in case the Congress deadlocks on raising debt ceiling, crisis comes as many of you predict or fear, which party will be benefited from it more? Remember the Dem motto : never let a crisis pass unused. So, I think Dem will be benefited from it more than Rep. So, deep down to it, Dem might feel less urge to have the bill passed, no matter how they act like now. That is why the Rep feel more heat then Dem now.
Here ya go Roy:
ALL YOU PARTISAN HACKS ARE LOST IN YOUR PARTY POLITICS!
You sit here and "debate" the House plan and the alleged Senate plan.
IT DOESN'T MATTER!
Boehner's plan, which passed the House 218-210 with no Democratic support, would have raised the debt ceiling $900 billion, cut spending $917 billion over a decade and call for a balanced-budget amendment before the limit could be raised again, presumably next year.
Senate Democrats had vowed to block it in favor of Reid's longer-term $2.7 trillion debt limit increase with about $2.2 trillion in spending cuts.
GARBAGE! Both of them.
Standard & Poor's has told us we need to cut at least $4 TRILLION Dollars in Deficit spending over 10 years or our bond rating will be lowered. Guess what?
NEITHER OF THESE PLANS COME CLOSE!
What. Did you think they were just kidding? This is in conjunction with the IMF recommendation. This is just political posturing by the Republicans AND Democrats. S&P states we need to come up with savings of about 7.5 percent of our GDP to actually stabilize our debt-to-GDP ratio. We are at 9% of GDP. In order to get to the 7.5% we need to cut $1 TRILLION Dollars a year,,,A YEAR!
Our bond rating WILL be lowered. We won't default but we will lose our coveted rating. This will send interest rates skyrocketing. Markets will crash. This has been inevitable for decades. Ever since we went off the gold standard we have been on a drunken sailor spending spree. This is what happens when you take off collateral restraints for a government.
I hope you all have bought a lot of gold. Your 401k's will soon be 101k's,,,,again.
Did you prepare?
I doubt it.
Well, they were calling themselves the Teabaggers - until they figured out what that meant.
StopTheLiesNOW "Can you provide any real examples of 'subsidies' to oil companies that amounted to 'multibillions'?...........Stop acting like you'll listen."
I'm listening, but the silence is deafening. Of course, when you're stumped, a diversion is in order, isn't it?
Here's the latest CBO numbers on the sources of the deficit:
U.S. National Debt
July 26, 2011
RoyWilson - you're refuted.
Jesus, I dont' have time for this but you're just too irratating...
What is your point here, that Dems are bigger spender than GOP? Sure, I'll agree with that.
I have no problem recognizing this problem.
Now, let's recognize what you will not. That supply-side fiscal policy as implemented by the GOP over the past decades has resulted in wealth and income disparity not witnessed since the G Depression. There's a big clue right there!
Clinton reversed many significant economic trends, that Reagan and the Bush boys perpetuated, that increasingly disenfranchised the middle-class and working poor.
The welathty do not create jobs! DEMAND creates a need for supply and this creates jobs. It starts with demand... how anyone can argue this is beyond me.
This is a waste of time. You'll come back with some BS statistics taken out of content (graphs are a beautiful thing but I understand whey you never use them), unadjusted, etc.
Good luck with all that.
Even $4 trillion was just a small start, and they couldn't even agree on that.
Google the Bloomberg article titled "Why the debt crisis is even worse than you think", published today.
The problem with focusing on our measly little $14.3 trillion national debt is that it is backward-looking -- these are expenses from the past, which fell short of revenues from the past.
The real alarm bells ring when you look at our projected deficits going forward, and calculate the shortfall relative to future revenues. This is more than a $200 trillion problem in the coming decades.
When some of us who are middle-aged but far from retirement remember back to the good old days of 2011, we will get a grim chuckle over that fact that way back in 2011 the deficit was "only" $14.3 trillion, and our politicians actually played this game of chicken over such small amounts as a trillon vs. two trillion vs. four trillion.
It will seem like school kids arguing about who owes who a nickel...
RealAmericansFirst -
NO, I don't believe it!!! Roy W's stats were misleading and his logic terminally flawed!!!???
lol.
Remember when Americans said we can do anything. But now tea bagging republicans want us to believe we cant do anything. Because were broke. Who has that ever stopped in this country of credit? And who gives a crap about owing money?
You borrow more and you pay for it and pay what you already owe because this country is credit. You know think about this. In YOUR city the streets suck. They are not being fixed. Who's gonna pay for that if you dont pay taxes? Are ANY and I mean ANY rich people offering to pony up that cash to do that for you? Hmmm. In fact are ANY rich people at all offering to pay for education health care anything? Hmmm. So who's gonna do it and how?
Republicans had ten years. They wrecked the country and by extension the world. NOW they act as though they alone can fix it. BUT they need YOUR programs to do it. Why don't THEY pay for the mistakes THEY made? Seems fair. Think about it. Think about it. ; ]
Cheers
.
Roy-here's one-if you look there are many more links to check out.
I'm surprised you have not been following this.
http://www.alternet.org/newsandviews/article/634212/us_uncut:_end_big_oil_subsidies!
Now I want to know why the Republicans want to cut Medicare, Medicaid, and continue giving multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter.
I want to know why I pay a higher percentage in taxes on my income than Warren Buffet the billionaire does.
Is this fair?
You see republican tea baggers have NO ideas. ZERO period. They just want to cut cut cut cuttt everything and borrow from SSI the only still solvent institution of government. How stupid are you? Really? Any ideas on that?
Cheers
Hey, Roy - turn up your hearing aid. Here's just one example of how they're giving away your hard-earned taxpayer money to oil companies:
There are thousands and thousands of these. Go look (and listen).
RealAmericansFirst
LMAO!
Obviously you don't know what it means. The Teabagger, as you so love to call them, is the one offering the "bag" (you know what I mean, right?) The Teabaggee, you, is the one who receives the "bag".
I hope this clears up your obvious giddy confusion.
mowdy5gs
You mean like Clinton did to give the illusion of his alleged "surplus"?
There is more money in the American economy today than there was in 2007. (See Corporate profits have recovered, but job market still depressed) The question is, where is it going? Not to workers any more.
Corporate tax revenues are down to 9% of all federal revenue, their lowest percentage in American history. 60% of American corporations don't pay any taxes at all.
And the top personal income tax rate is at its lowest level since the 1931.
But payroll taxes are now up to 36% of federal revenue.
What are the federal government's sources of revenue?
And here's a great chart showing how America's tax burden has been shifted off to working people over time:
Sources of federal revenue, Fiscal 1950-2008
Corporations are recording record profits while sitting on over $1.9 TRILLION in cash. But NONE of it's going to workers:
Change in corporate profits and number of jobs in the U.S. since the start of the recession
BOTTOM LINE: We can't afford corporate welfare any more.
If there is no raise in taxes on the rich/corporations with closing of the tax loopholes and ending of the subsidies to these corporations to raise revenues then the democrats in both houses of congress should not sign these bills.
There appears to be questionable policy making by both sides imo. The republiconservateabaggers want to take us back to when Jesus was a boy and the democrats want to compromise by allowing them to take us back to the early 1900s..... and have the poor, elderly and middleclass etc pay for the previlege.....LOL
It is time to just pass a clean debt ceiling bill period, to get that out of the way for the next couple years.
These moves by these folks in Washington is all about making the Bush tax cuts for the rich/corporation permanent. It is not about lowering the deficit as not getting rid of the Bush era tax cuts which is helping to cause the deficit in the first place as we do not have enough revenues coming into the govt coffers.
The monies have already been spent..... now it is time to raise the debt limit to cover what has already been spent....
If it was about lowering the deficit they would simply raise taxes on these folks who were the receipient of the Bush era largess and the bail out packages and who are still profiting from it while the rest of us suffer.
Instead all this red herring drama to make it not so obvious that these folks want to get rid of social security and all the other public safety nets or to privatize them imo.
This waiting until the 11th hour is probably so they can ok a budget that is probably loaded down with or slip in all sort of attachment giving corporate america the ability to mine for minerals in the Grand Canyon, pollute our air and waters, frack us to death, sell off our country for pennies on the dollar or for free.
Perhaps when this is all over we may find that some attachment to defund many agencies that protect our air, land and water, education etc was signed into law that only the folks that attached it knew about.
Social Security, Medicare and other safety nets should not be touched nor should our public lands be sold or leased off and allowed to be polluted either imo.
Rant done......
PS, If there is no help for the masses including the present children and grandchildren now, there will be no future generations to leave any debt to...... because they will never be born, as no one will be able to afford to have children....... See the problem????
Signed..... Disgusted N Annoyed..... Enough Already, USA
MR BOEHNER, MCCONNELL, CANTOR, RYAN, TEABAGGERS IN CONGRESS.........WHERE ARE THE JOBS THAT WERE SUPPOSED TO BE CREATED IF THE RICH KEPT THEIR BUSH ERA TAX CUTS....... THE RICH GOT THE CONTINUATION OF THE CUTS IN DECEMBER 2010, AND STILL NO JOBS CREATION, ONLY CONTINUED JOB CUTS HERE IN THE USA BY THESE VERY SAME CORPORATIONS WHO ARE ROLLING IN THE DOUGH, AND CREATING JOBS ABROAD/OVERSEAS!!!!!!!!!!!
markmich "S&P states we need to come up with savings of about 7.5 percent of our GDP to actually stabilize our debt-to-GDP ratio. We are at 9% of GDP. In order to get to the 7.5% we need to cut $1 TRILLION Dollars a year,,,A YEAR!"
Our GDP is projected to be about $14.9 Trillion for 2011.
Obama has projected our National Debt at $15.476 Trillion by the end of this year.
That makes our Debt to GDP ratio at 104%, not 9%.
You might be referring to our Deficit ratio, which should be at about 3% of GDP to be considered 'sustainable'. Since Obama's Budget projects the Deficit for this year at $1.645 Trillion, that makes the Deficit ratio at 110% of GDP, the current level of Greece, which is considered a hopeless debt failure.
The Democrats are not serious about ANY real cuts in spending, but will 'demonize' the Republicans for trying.
Scary, isn't it.
My theory is that Obama sees his reelection prospects as very dim, and with the economy and unemployment expected to be dismal next year, he may think that letting the economy falter from a 'default' just might save him - IF he can pin it on the Republicans.
It would be a risky gamble, but that might be all he has left. He certainly has not offered up a single viable plan to avoid a default, and the Democratic Senate has not done so either, while the Republican House has actually PASSED two bills to increase the debt limit, which the Democratic Senate won't even debate or offer amendments.
Gee, I wonder where the problem is????????????????
markmich - Well, I don't want any part of the Teabaggers bag. Either way.
Is that what they're trying to choke America with? I thought it was just left-over Birch Society nonsense.
And you don't know much history - the SS trust funds have been counted in the General Fund since Lyndon Johnson, not Bill Clinton.
Fred Bastiat--thanks for the long discursive section on how the Tea Party Express (just got a phone call from them yesterday) thrives in areas such as Oklahoma.
Here's another little trifle for you to chew on--in the state of Oklahoma, high school seniors (who had theoretically just passed government classes) were given a truncated version of the same test that immigrants take to be made citizens. Those students averaged a 30%.
People in some states are much easier to dupe because they are poorly educated, especially about government. These are people who think that the Founding Fathers were all "Christians" like they are (nope), that the US was founded as a "Christian" nation (nope), that the nation was originally deeply religious and has only recently become "secular" (nope), that students cannot pray in schools (yes they can), and so forth.
People in some states learn their "civics" in churches--and these churches don't do a particularly good job at teaching the fundamentals of how our country works. Such people do not realize that if "spending" is cut, that they will lose all that money that they paid into Social Security, they will lose all that money they paid in for Medicare, their children will not get Pell Grants or even be able to attend public schools, and so forth. Basically, they don't realize that they'll be in the same situation that poor people were in during the latter 1800s and early 1900s (when people starved in the streets if they lost their jobs, the elderly froze to death in the winter or died of heat prostration, and when little children were thrown away like garbage because their parents could not feed them).
While it is true that the budget needs fixing, blindly cutting one's nose off to spite one's face is not a particularly good idea. It would help if the Tea Party Express faithful actually understood how the country functions--maybe they could help come up with an actual solution.
Funny how we all did just fine in the 90s, paying the higher Clinton-era taxes, but now after 10 years of a "temporary" tax cut that played a big part in these deficits, so many people are up in arms at the idea that some of us -- those of us who can more easily manage it -- might have to pay more in taxes.
Nobody is asking for more from our young people working for minimum wage. Nobody is asking for more from middle class families making less than $100k a year.
And quite honestly, most of the so-called wealthy (who don't always feel so wealthy) aren't exactly screaming bloody murder if they have to go from a 33% bracket back to a 36% bracket, or from 36% back to 39%.
For some of us, it just means cutting back on the percentage of our income that gets invested, so we don't have to make difficult lifestyle changes.
And by the way, no matter what anyone says, I've never met a businessman who makes expansion/contraction decisions based on his tax rate. When demand for your product goes up, you expand so you can grab those extra sales. When demand falls, you lay people off, cut back and try to hang on until things get better.
As long as the marginal tax rate is less than 100%, it always pays to satisfy your customers and not intentionally turn them away -- maximizing sales also maximizes profits, no matter what percentage of those profits get paid in taxes.
Taxes don't materially affect business decisions. This is the truth that the GOP doesn't want you to know.
Name ONE Republican who you think can beat him. Just one.
ROY WILSON-336103
Sorry, I guess I didn't explain it right. Yes, we need to get to 7.5% of our Deficit which is what S&P's is demanding.
None of these partisan whacko's understand that we are headed for the correction we should have undergone in 2008.
TARP should have never happened. The $timulu$ should have never been passed, it was a crony paybacks at its best. GM and Chrysler shareholders were summarilly raped of their preferred shares and instead the unions benefitted.
And many of these people believe we will somehow survive this economic Armageddon.
God help them all.
Ted 050247 "Roy-here's one-if you look there are many more links to check out."
I looked at your site, but it does not pass the 'subsidy' test. Allowing oil companies to deduct legitimate business costs is not a 'subsidy', any more than letting you write off the interest on your home mortgage is a 'subsidy' to the average homeowner. Every business in the world is allowed to deduct business expenses against income to determine 'taxable' income. Many of these so-called 'subsidies' are also nothing but tax 'deferrals, which means that the taxes will be paid in the future, just not right now.
A true 'subsidy' is a direct payment from the government, sort of like those who get welfare.
RealAmericansFirst "Name ONE Republican who you think can beat him. Just one."
The 'generic' Republican beats him easily, according to the pollsters.
RealAmericansFirst
But there IS a Trust Fund. It's just included in the General Fund as part of the three government accounting methods. The unfunded liabilities proves the Trust Funds existence. However, contrary to Chucky Schumer, there is no solvency until 2037. Otherwise we wouldn't need to rely on an increase in our debt ceiling to pay the recipients.
Clinton and every president since LBJ has used the OASDI funds to "adjust" their budgets and Debt.
markmich "ROY WILSON-336103 TARP should have never happened. The $timulu$ should have never been passed, it was a crony paybacks at its best. GM and Chrysler shareholders were summarilly raped of their preferred shares and instead the unions benefitted."
I agree with you on the '$timulus' bill, but I'm not sure about TARP. Only about $380 Billion of the $700 Billion TARP was ever used, and virtually all of that has been repaid, so I don't think it is a major factor, and it may have saved our economy.
I agree with you on the GM and Chrysler 'bankruptcies', because it was all about protecting the unions, and not about the legal rights of the stockholders. The Unions got the 'Gold Mine', and the stock & bond holders got the 'shaft'.
I wouldn't ever buy a GM or Chrysler product in the future because of the government's systematic 'pillaging' of investors rights, and anyone that would be foolish enough to buy stock in those companies needs to have their heads examined. What's that old saying about "Fooled once, shame on them, but fooled twice, shame on ME".
markmich
Very good point.
Since the Social Security Trust Fund has a surplus of about $2.7 Trillion, there is no reason that the government cannot take a tiny part of that surplus to pay the benefits in August. If Obama withholds any payments to Social Security recipients, it will be purely for partisan political reasons.
By the way - If a private company tried to use 'trust' funds for their business operations, they would be thrown in jail and the keys thrown away, but it seems to be fine for the government to do it. Unfortunately, the ones that started this 'Ponzi Scheme' are long since dead (LBJ).
RealAmericansFirst
Name ONE Republican who you think can beat him. Just one.
LMAO! Are you kidding me? With todays economic growth numbers of 1.3% in the second quarter and the 1st quarters revised numbers of 0.4% PeeWee herman can beat this buffoon of a president.
I dread seeing last quarters revision next quarter, we may actually have a negative growth rate.
I bet you Liberal Progressives are real proud of these numbers.
Or is this Bush's fault again?
ROY ROY ROY.... there you go again, telling the truth. I love THE ROY.
Now as for you sky-is-falling liberal kooks, the House Republicans, as useless as they usually are seem to be the only one's in DC actually working on actual law that has actual details.
Obama has nothing, lies about wanting to compromise, as all he promises Republicans are veto's. How in any conceivable view is this compromise?
Harry Reid has a crap bill that no one wants, and does virtually nothing, as it takes credit for $1 trillion in war savings that is yet to appear. More sleight of hand, more DC nonsense.
Neither bill accomplishes much, but conservatives know that they are going to get nothing done until Obama and the Senate is back in conservative hands.
Bottom line is that no one is acting like a grown up except for Ron Paul and a few folks in his circle. They know that this house of cards must be deconstructed.
Time for the rupubs to go home and take a vacation. It is clear that even though they passed a terrible bill, that was pretty much what the dems wanted, the repubs are wasting their time. The thing to do is let the dems cut current spending by $1 trillion, which is what should happen without the government having the ability to borrow. I'm still waiting for the dem proposal. There's been nothing from the Senate, nothing from the dems in the House and nothing from the Prez. How clear do they have to make it that they want to not borrow any more money. Sounds great to me! The sad thing is that the Prez would probably choose to default on the debt, not pay social security to seniors and not pay our military before he would not pay the pork to his socialist supporters.
So what REALLY happens if August 2nd comes with no agreement?
Here's my guess;
1 - The Treasury Department will say "Surprise, we found some additional funds, so we have a new date of ????????????"
2 - If no 'deal' is struck at that new date, payments to bondholders will be given top priority, but lots of government departments will be 'furloughed'. Obama is not so foolish as to withhold Social Security payments and pay others first, especially since he supposedly has $2.7 Trillion in surplus Social Security Trust Funds to draw upon.
3 - The bond markets will have a temporary 'fit', but will soon settle down when they realize that there are few other viable options for their funds, and that defaulting on the debt is the LAST thing the government would do.
4 - Normalcy will return after the political 'gamesmanship' plays out, and the parties come to an agreement on cutting the debt and raising tax revenues.
5 - We all go back to our 'stupor' of ignorance about what's really happening in the world.
6 - I move back to Costa Rica, where the climate and beaches are great, and the pace of life is slow and easy.
ROY WILSON-336103
TARP was the usual reactionary result of all the "economists" when their Keynesian philosophies are proven horribly wrong again.
Had TRUE free-market forces been allowed to distinguish the winners and losers we would have had a much harder drop in the markets and some more global hysteria but then the other "solvent" banks would have moved in and cleaned up the mess the Keynesian's caused.
Of course the Paul Krugmans, Ben Bernanke's, Henry Paulson's and Timmy Geithner's of the world panicked and in their usual knee-jerk response decided the government should step in. The result is still out-of-control banking, despite the alleged "Financial Reforms", with continued massive bonuses, no lending, NINJA loans continuing, mortgage Robo-Signings and other abuses.
TARP was passed by the Republicans, markmich - October 3, 2008. You really don't know history, do you? Even just from 2008.
Daily Number: Was TARP Passed Under Bush or Obama? - Pew Research
“Those who do not learn from history are doomed to repeat it”
George Satayana
And, unfortunately for the GOP, the "generic" Republican is not running for President.
Just a bunch of loonies.
markmich
Finally, someone that understands how things really work. If 'too big to fail', especially AIG, had been allowed to fail, and the economy was allowed to tank and wipe out the 'driftwood' in one fell swoop, the 'recession' would have been deep, but short, and the rebound would have been historic.
Instead, we did what FDR did in the 1930s - Drag the recession out for many years (9 years for FDR) in a failed attempt to 'mitigate' the collapse, and make sure the 'recovery' is slow and painful.
I am not sure any minds were changed here tonight. Yikes. What a lot of anger and hot air.
The problem right now in Washington is who is going to get blamed, and by how much, and who gets to ride in and save the day with the plan that finally gets approved. So Reid is believing he is the knight that will save the day, or actually save Obama, and thus he won't even consider any plan the republicans put forth. Notice, no republican senator is getting an opportunity to work with Reid on a plan. Each party closes the door to the other. They both know how to knife each other and that is the focus.
The Tea Party was put in office to do exactly what they are doing. They aren't allowing themselves to be groomed and changed into a clone of the other republicans. This must be highly annoying to the likes of people like McCain that served while this country racked up debt. Most of those serving are responsible for this debt and yet the new kids on the block are feeling the most heat even though they were not serving and can't be held accountable.
It is like killing the messenger. Some day, we will all remember who stood on the right side of this issue because refusing to deal with our long term debt, our short term deficits is making America weak.
Does anybody really believe there isn't at least 10 percent of waste in Washington? Do you really think things are that streamlines and we can't cut tons of redundancy and fraud? Really, it boggles the mind.
How about the health care plan the government workers are given? BTW, do all of you know that health care benefits offered by the state and local municipalities were never required to fund those benefits and thus the costs that escalate each year are not budgeted for and paid out of the general fund. Do you realize there is no budget for Medicare?
Roy, you're seriously deluded. FDR got the U.S. OUT of the Depression - after Hoover pushed the country into it using the same tactics the Tea Party wants to use again this time around.
See post #3.105
And theboys:
Do you realize you're watching too much FAUX News? That has to be the stupidest thing that's been posted here tonight.
RealAmericansFirst "TARP was passed by the Republicans, markmich - October 3, 2008. You really don't know history, do you? Even just from 2008."
TARP was passed by the House and Senate with overwhelming support from Democrats, and with relatively few Republicans voting for it.
What was that you were saying about "You really don't know history, do you"?
RealAmericansFirst "Roy, you're seriously deluded. FDR got the U.S. OUT of the Depression"
And it only took 9 years and the start of WW2 to do it. There was a very severe 'depression' in the early 1920s too, but since that was before FDR and his 'New Deal', it was quickly over and prosperity quickly returned.
RealAmericansFirst
Look. I know you poor Liberal Progressives are starved for any accomplishment you can pin on Obama but you have to clear your partisan marbles and READ!
Did I ever say Obama created TARP? NO! Even though he DID ask President Bush, in January of 2009, to request the release of the second $350 billion in federal bailout funds so he would have "ammunition" if the country's fragile economy weakened further.
And I'm sure you remember how well Obama's HAMP program has done using TARP funds, right?
RealAmericansFirst "theboys: Do you realize there is no budget for Medicare?.........Do you realize you're watching too much FAUX News? That has to be the stupidest thing that's been posted here tonight."
There is no annual budget for Medicare. There are only estimates of revenues and expenditures for Medicare that are included in the Federal Budget each year.
Obama's Budget estimates for Medicare over the next 10 years (2012 -2021) are as follows;
Estimated Revenues = $2.917 Trillion.
Estimated costs for Medicare = $6.621 Trillion.
Deficit for Medicare over 10 years = $3.704 Trillion - in this one program alone.
Of course, the Democrats say "We can't touch Medicare", despite the fact that it will soon be bankrupt.
This is pretty typical of "entitlement" programs passed by Democrats, and now we will have a new one to deal with - Obamacare.
RealAmericansFirst
I noticed that you only reported on the Republicans that voted for TARP, but didn't mention that more Democrats than Republicans voted for the bill in both the House and the Senate.
This vine is getting tiresome.
Goodnight.
ROY WILSON-336103
Hey there, Mr. hard facts. One of your posts talks about Bush running up a deficit of $2.006T in the eight years he was in office, and Obama adding another $4.3T during his time in office. Since Bush inherited a surplus and the deficit now stands at over $13T, there 's a big chunk missing from your numbers, isn't there? How about the truth that Bush ran up a deficit of close to $10T, from a surplus, during his eight years of office. And the only reason why the deficit went up was because of the subsidies started by George W before he left office. The unfortunate truth in life is that when your predecessor screws up, you, the successor inherit all the previous idiot's caused problems. You can keep justifying stupidity all you want (you really have to be brainwashed to justify gibberish George). It just doesn't matter to anyone with a brain. That is why your posts are amusing. They're the creation of a brainwashed mind who's perception will not face reality no matter how hard it smacks you in the face. Reading these posts is more entertaining than watching the Three Stooges....
RealAmericansFirst
WOW! REALLY?
You have to stop reading all that revisionist history the Liberal Progressives are forcing down your throat.
WW2 got us out of the Depression. Actually the massive post-WW2 indusrialization that was needed to rebuild Europe, Japan and most ot the world is what got us out of the Depression.
Henry Morgenthau, FDR's own Treasury Secretary said:
Sound familiar?
Mr. mich, No. Like the welfare babies that the tea bagging republicans are.What do you mean mowdy5000? I will tell you. Tax cuts ARE a hand out. Its welfare. The government is borrowing money from creditors they want to borrow or STEAL it from the tax payers in SSI to give handouts to the rich and to YOU the middle class former middle class and the poor. America as the tea bagging republicans point out is in debt to the trillions right? So how are we getting tax cuts? Hmmm? Tell me? How is that NOT welfare handouts? Only they are MORE destructive. Because you have to use borrowed money to hand them out but tea bagging republicans lie and say they are not handouts while making fun of the poor elderly handicapped and children. They then want cuts cut cuts in programs while using BORROWED money to GIVE tax cuts when we are NOT running a surplus, but the biggest debt in our countries history. And that how they think magic Jesus is going to take the wheel and ride it out. Are you all OK with that? Tax cuts are a government handout. But tea bagging republicans lie and say they are not. All the while railing against SSI medicare and caid. JUST like they lied to get elected saying they would create jobs. ONLY the only jobs government can create our government jobs. And the right HATES the government and wants it smaller. So they are either THAT stupid. Or they lied. Didn't they or aren't they? Hmmm.
Furthermore they have not created or passed one jobs bill why do you think that is? See the afore mentioned point up there. You see, the rich haven't created any jobs. The private sector is moving OUT of America because of our stupid free trade agreements that HURT US not help. If tax cuts handout worked then we would all have so many jobs we couldn't fill them all. That's logic. Its fact. But that's not the case because it doesn't work at all. And all they are doing is robbing the poor to give to the rich. Anyone EVER heard a rich person offer to fix your city's roads? Pay your doctors bill? How about regulating themselves? How'd that work under Bush? Face it. Republicans for 7 years under Bush wrecked this country and ran it into the ground. NOW they assume they know how to fix it. When they don't even understand what they did to it in the first place. Bunch of know nothing ignoramus.
There! I threw my juice on it because in 2011 mowdy5000 is looking out for you. Letting you all know I care and I have been warning you that we are downgraded already. So you can thank me those of you who listen when the time is right.
Cheers
confused-3012211
More Liberal Progressive smoke and mirrors.
IF Clinton left Bush a surplus why didn't the Debt ever gone down during Clintons terms? Because there was no surplus. It was the usual Washington manipulations of the Public Debt and Intragovernmental Holdings which make up the National Debt. Public Debt went down but Intragovernmental Holdings went up each year. What Clinton did was move money from the Intragovernmental Holdings, mostly from Social Security, into the Public debt artificially lowering it.
Clinton was fortunate to preside over one of the most remarkable growth era's in our history but he had nothing to do with it. It was called the Dot-Com bubble. You or I could have been president during that incredible time. As Alan Greenspan so eloquently called it,,"irrational exuberance". Well, I guess Al Gore should get some credit as he said he invented the internet,,,,LOL.
You remember that time don't you? When your portfolio was 3-4 times what it ever should have been. Right? It was because of hysterical free market forces driving the market up on ghost companies that were multiples above their valuations. I remeber it very well because I day traded it for years. I could pick an obscure internet stock on Monday and sometimes double my money by Friday. It was called churning.
But alas, many people lost money when the bubble burst and we went into a deep recession. This was also aided by Greenspans artificial manipulation of interest rates. Kinda like Bernanke is doing now.
Got it?
Let me get this straight. When a democrat is in office and the going is good, it's just dumb luck. When a democrat is in office and the going goes bad, it's all the democrat's fault. When a republican is in office for eight years, and at the end of those eight years, everything goes south, it's the democrats fault that ruled before and after, or it's the fault of some other beaurocrat--primarily some liberal. I may be confused about many things, but I can clearly see BS when it's flung into the fan.
confused-3012211
Well, I don't know about any problems you may have with confusion, but I think this quote should sum it up nicely for you.
G'night.
Kindergartners--all of them, both Democrats and Republicans.
They are playing with our minds and playing games.
Out with all of them, come the 2012 Election---
They all look like silly little people to me--no brains, no job---OUT! No regard for their Constiutients; it's all about "THEM"--
Stinkers---Politics has gone rotten; maggots feeding off our emotions, and lives..
That is so true. At first I used to complain about how two parties could run on the same ticket. The Taxed Enough Already Party was running as Tea Party Candidates on the GOP ticket in elections. I found that to be very disturbing. But a s time went by I came to accept that they are just Extreme Radicals within the GOP. They are a branch division like Log Cabin Republicans or Blue Dog Democrats, just very vocal. They are a phase, a novelty that gave hope to people who were worried about having to pay a fair share of the revenues to the Federal Government. Like the others, they will fade and the centrist on both sides will dominate as usual. I am a Democrat but I guess not too hard-line. I like part of the platforms for the DNC, RNC and the so called Tea Party Agenda. None of them have a solution for everything but they all do have ideas that if combined would be the almost perfect solution. Nothing is ever perfect.
I'm thinking that since nobody with a tenth of a brain is yet running for the GOP ticket in 2012, maybe we should have a lottery? Ordinary Americans, by the thousands, throwing their ticket into the hat, and the lucky winner gets campaign funds to run against Obama on the GOP ticket.
We might actually find a worthwhile candidate among all the "Joe Plumber's" out there, instead of this circus freak-show the GOP is parading today.
Heck, Obama could declare that he is a Muslim-Satanist-Communist anti-American terrorist and he would STILL win over the bunch of circus clowns the GOP has fielded so far.
I would like to nominate my dog for the GOP ticket. He can fetch, he loves people, and he sh*ts in the yard instead of in the House. That puts him way above anyone I've seen yet from the Greed Over People party that I used to vote for regularly...but who now make me think I will never vote for them again, ever...
The Tea Partiers have done serious damage to their own party---they've split the Republicans up; thus, the just elected Tea Party Congress people, are in the way of getting this Deal sealed up---The Democrats could help too, as they have divided their party in half, also--Obama has NO Power--
It is astonishing to me, how they can't come together with their fellow Republicans, and cooperate instead of dividing--it reminds me of "United We Stand, Divided We Fall"---who's looking out for "you"?
Yes, the Republicans are going to have a very difficult time getting one solid candidate for the next Presidential Election. It makes me sick--as a Conservative--
The Politicians running for Congress and President of the United States, are not made of the "old stock" of Presidents from what was supposed to be the good qualities for becoming a President. Has the US become too Liberal in all areas of life? Is that the problem?
Where are the decent People?---We need a real Leader.--America is floating----where is the next stop?---
All of us must be completely involved in the process.
What if on Tuesday, when there is no deal, there was a revolution? What if people actually gave a sh*t about losing their jobs and/or seeing their retirement investments drop another 30 or 40%, instead of saying "oh well, nothin' I can do about it"?
Wouldn't it be amazing if Americans actually stood up and said "if you can't lead this country, we'll find somebody who will?"
Term limits, pay for performance and lobbyist controls. If these money-sucking thieves that we elect from both parties can't do what's right for the country, they need to feel the pain too.
Democrats are screaming to the seniors, you are going to lose your Medicare and SocialSecurity. This is not true and is a nothing but a big lie. Scare the old and threaten the young. It is time for spending cuts and a balanced budget. This is been going on way to long (35+ years). Americans pay way too much in taxes
while members of the legislators give themselves raises and work crooked deals
to send jobs aboard.
Do you want to know why your neighbor, brother, sister, mother and father are out of work? Look no further than the car you drive and the clothes you wear. When is America going to wake up. The trade deficit with China and other
countries is appalling and a joke. We tax businesses to death and then push these businesses outside our boarders, so businesses pay no taxes and get cheap labor, only to sell you the same product that you neighbor, brother, sister, mother and father manufactured here for the same price you are paying now for the goods you buy that are made in a foreign land. Then you all scream bloody murder, I don’t get it, and you all must not have an IQ over 75.
What you need to do is call your legislator and tell them enough is enough, stop
spending money we don’t have. Tell your legislator that you want a job, that you are tired of buy foreign products which are costing America jobs. Tell
your legislator if they want to tax something, then slap a tariff or tax on
foreign imports.
Unions are also a major cost on our economy as well. It is called greed and this causes jobs as well. Look at Boeing, the Carolina’s ended up getting aircraft work without Union involvement, so what does the Machinist Union do? The Union is suing Boeing because they state Boeing retaliate for the workers striking. NEWS FLASH, have you ever heard of the rock band Rush? Rush sings a song called Tree’s. This song reminds me of Boeing, the Machinist Union and Airbus. Boeing is the Oak trees and they provide shade for the maples, the Machinist Union are the maple trees, but the maples keep scream for more light, and Airbus is the hatchet, axe and saw. The moral of the song is that since the trees could not get along, there is no longer the forest, because the hatchet, axe and saw leveled everything while they were bickering.
Think about it that is if you ever heard this song. If you have not heard the song, encourage you to listen it or read the lyrics to it. This is exactly what is
happening to Boeing and the Machinist Union right now, in a few years from now; there will no longer be a Boeing or Machinist Union, because Airbus will run
them out of business.
Americans really need to think about this. Don’t listen to the paid pundits on this message board or on TV; these idiots will stir you wrong. Pundits push their parties’ agenda and don’t care about your values.
Here is my idea. To create smaller, efficient goverment we need to first dissolve the House of Representatives. There are 435 members. And there are all useless. All states are represented in the Senate. So we keep that, get rid of the House, save all that salary money, and pray like hell they all croak in a timely fashion so they don't burden us with pensions and what not. Then we rewrite cooprate taxation, lower the tax rate for income under 20k. Bam, problem solved. no more inefficient goverment, plenty of money to go around and everbody is happy. Even the Teabaggers can't complain, since my plan is all for smaller goverment.
There are some who think we are better of than Greece. I would like to have that explained. Why are we better of? Because there are no riots on american streets? Well, we'll see about that. Because their credit rating is sh!t? Let's see how long ours stays afloat. So please, somebody explain why we are better of than Greece.
Also, stop saying Germany should be our role model due to their trading surplus. That is nonesense. German economy is in the sh!ter because they keep selling their goods to contries who don't have any money. So they lend those countries money to buy german goods and then don't get paid. So realy the german goverment is almost as broke as ours. If it weren't for weapons sales they'd be broker than us. Funny, everybody pays cash for weapons.
Please do not say the link leads to CBO numbers. The link leads to a White House page, not a CBO page. Thank you.
STOP the money party.................................. RONALD REAGAN:
''I know we here today, and a majority of the American people agree on one point: We're not saying we have a terrible problem and Government must find a solution. We're saying Government is the problem and the people have the solution—a constitutional amendment making balanced budgets the law of this land.''
Read more at the American Presidency Project: www.presidency.ucsb.edu http://www.presidency.ucsb.edu/ws/index.php?pid=42940#ixzz1TaO3E479
The "generic Republican" isn't running. And the viable GOP candidates are waiting until 2016. The current Clown Posse doesn't have a snowball's chance, which thankfully means we won't have a Republican president next time around. Unfortunately, that means we'll have a Democrat in the White House. If people keep voting for R and D, instead of actually researching ALL the possibilities, the hole will keep on getting deeper.
The New Colossus
Not like the brazen giant of Greek fame,
With conquering limbs astride from land to land;
Here at our sea-washed, sunset gates shall stand
A mighty woman with a torch, whose flame
Is the imprisoned lightning, and her name
Mother of Exiles. From her beacon-hand
Glows world-wide welcome; her mild eyes command
The air-bridged harbor that twin cities frame.
"Keep ancient lands, your storied pomp!" cries she
With silent lips. "Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me,
I lift my lamp beside the golden door!"
the people have already sacrificed enough...with loss of jobs, there homes, their savings, their pension plans,401ks The top have that have caused all this with their greed and corruption including the politicians that they buy off have not sacrificed one thing. They are even living better then they were 3 years ago. They continue to send jobs overseas , hide there money offshore, use every loophole they can while receiving subsidizes with tax payer money to continue to figure out ways to continue to screw the American ppl. There are more ppl receiving asst then there were 4 years ago and more ppl homeless then ever. Yet the top which are suppose to be the job creators continue to not create jobs in America and we continue to reward them for this. Whats wrong with this picture people?
The New Colossus
Not like the brazen giant of Greek fame,
With conquering limbs astride from land to land;
Here at our sea-washed, sunset gates shall stand
A mighty woman with a torch, whose flame
Is the imprisoned lightning, and her name
Mother of Exiles. From her beacon-hand
Glows world-wide welcome; her mild eyes command
The air-bridged harbor that twin cities frame.
"Keep ancient lands, your storied pomp!" cries she
With silent lips. "Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me,
I lift my lamp beside the golden door!"
Goodness sakes, none of you are doing yourselves any favors by not bothering to understand the difference between debt and defecit. I read several times through this thread about how George W Bush started with a Surpus and ended with 10 trillion in debt. First off, in the last year of Bill Clinton's presidency he had a Budget Surplus on paper for the year 2000. This DOES NOT mean that in the year 2000 the US government held no national debt, in fact it had 5.9 trillion in national debt. Debt and Defecit are not the same thing, and a Defecit Surplus does not mean the government did not owe any money! And that is even if you believe Cinton had a Budget surplus, since the national debt actually rose by $17 billion in 2000 (granted that is not bad at all compared to the projected defecit of 1,500 billion this year, but it isn't truely a surplus either).
So NO, no matter what side of the aisle you stand on, Bush did NOT rack up 10 trillion in debt in 8 years, actually about 4.2 trillion, and that includes the war in Iraq and Afganistan, and the evil evil Bush Tax Cuts.
I am not saying Bush didn't add to the defecit, because he did, but for the credibility of both sides of the arguement please learn the difference between Defecit and Debt before you post. When you totally miss the meaning of something that fundamental to your point of view, it discredits the rest of your opinion.
confused-3012211
you HAVE MAIL...!
confused-3012211 "ROY WILSON-336103 Hey there, Mr. hard facts. One of your posts talks about Bush running up a deficit of $2.006T in the eight years he was in office, and Obama adding another $4.3T during his time in office. Since Bush inherited a surplus and the deficit now stands at over $13T, there 's a big chunk missing from your numbers, isn't there?"
Since you didn't other to use the link to OBAMA'S OWN WHITE HOUSE LINK that I provided, I will detail it for you - I do trust that you can add;
Bush 2001 = $128.236 Billion SURPLUS
Bush 2002 = $157.758 Billion Deficit
Bush 2003 = $377.585 Billion Deficit
Bush 2004 = $412.727 Billion Deficit
Bush 2005 = $318.346 Billion Deficit
Bush 2006 = $248.181 Billion Deficit
Bush 2007 = $160.701 Billion Deficit
Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year net Deficit of $2.006 Trillion.
For Obama, his figures show;
Obama 2009 = $1,412.688 Billion Deficit
Obama 2010 = $1,293.489 Billion Deficit
Obama 2011 Proj. = $1,645.119 Billion Deficit
Add them up, and you get $4.351 Trillion of net Deficits over only 3 years.
I will give you the White House link one more time so you can verify;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
I can understand how you can get 'confused' by facts when they interfere with you pre-conceived notions, but sometimes we have to face reality. By the way, you might want to learn the difference between Deficits and changes in the National Debt - they ARE different.
I have a question,
Why is it my 10yr old niece understand the importance of raising the debt ceiling, understand what the GOP are trying to do and Understand the significants of The Affordable Heath Care Act , and the RIGHT WING RADICALS don't get it???/
MLJ-3
Maybe because she has been " Brainwashed" by the media she watches and read that says " Greed is GOOD , borrow till you drop dead"???
Two wrongs Never make a right, when you are over extended in borrowings to borrow more is akin to being in quick sand and struggle, best is to STOP, go on your Back, and slowly doing the back stroke S L O W L Y "swim out" follow the rules then you will not be in quicksand for life ;-)
Yes, I hope the 10yr old gets some responsible advice before she messes up her life with debt and bankruptcy....There is no debt limit...is just crazy...but, there are a lot of crazy people around....and more and more bankruptcies....
Heard your BS loud and clear RIghties
One day your neice will be asking you why our country is so poor....are you going to admit that it is partially your fault??? That you went crazy with the spending and debt??? And that Obama was a failure???
How much of that, president obama debt comes the war or extension of the bush tax cuts?
comes from
Tao...it is getting on to three yrs of Obama and all the wars are still there plus one more Obama war in Libya...Obama moved 70000(70%) of additional troops into Afghanistan and has slowed the Bush Iraq withdrawal plan down. These are now Obama wars and he appears to enjoy that role...The Bush tax cuts produced jobs, economy and increased revenues, up until the liberal banking program caused recession hit us.....When will Obama(and you) accept any responsibility for your really ugly mistakes??? When will you accept any sane efforts to get us out of this recession??
and me? I asked a question. Was That 70% ask for by the military and if so why? How did Banking program change since President Obama took office ? Asking Questions is a ugly mistake? I am not saying that he has not added to the deficit/debt. I am just asking questions.
Dear elected representatives of the tea party: you're showing why you will only get one term, you're making all Republicans look bad, and you're killing my financial future.
Vote "yes" on the bill!
Agreed Paul, but the republicans and teabaggers could care less about your financial future. In fact, if they bothered to look down as they step all over you, they would probably just point and laugh.
JaxGuy - spoken like a guy with his hand out and mouth firmly affixed to the government teat.
BelieveInGreed...
Sorry to disappoint you. I'm gainfully employed (not by any government) and have no teat in my hand our mouth. I'm just a better person than you are for caring a little abouth those they may be less fortunate than me.
Paul - I am conservative in nature, but vote Independent. I followed the Tea Party in 2010, and sort of liked what they were doing. At this point though ... I think I see nothing but a entity that has destroyed the Repulican Party and therefore disupted and much needed balance of power/influence.
While I dont like Obama's politics - and I CERTAINLY dont like Obamacare and want to see it killed - I can no longer have any sense of desire or interest to listen to what the Tea Party has to say. They are far too extreme in my view.
They are not helping our country at this point - they are far more detriment to our country than anything helping. And I do believe that the members of Congress who are "listening" to the Tea-Party, ARE NOT listening to their constituents ... AS THEY WERE ELECTED TO DO.
Jaxguy - if you really are employed then thank you employer for your job and see if calling him a teabagger does you any good. You are one of the problems - you are so ready to spend other peoples tax dollars - how much did you donate last year? 1% -- maybe, I doubt it. and when I say donate I am not talking about taxes which are required donations...
You people who oppose the Tea Party...Why are you so eager to give the government more money when they blow it right and left and then threaten to cut off military and social security when it runs out and they want more? It has to be because you are on the receiving end and not one of the taxpayers.
Normal... I really am employed, thank you! Somewhere between 15% & 20%. So go ahead and dazzle us all with your outrageously high donation percentage.
ehv-savz- I am so with you on this. I don't think the teaparty understands how badly they are hurting the republican mainstream party. Independents are not going this route.
Let's rememberr the House did pass a bill they called "Cut, Cap and Balance", which the Senate voted down, and the "Tea Baggers" did exactly what they said they said thet would do (and it was for those things that they were elected).
To get to the source of the issue we have to understand why a majority of voters (in their districts) voted them in. I watch MSNBC, CNN, and Fox to get the view from every perspective.
My sense of it is that a lot of Americans are just fed up with all the taxes they pay (Income Tax, Social Security, Medicare, Sales Tax, Real Estate Taxes, State Taxes, Fees to License your Cars, etc.).
Maybe what pushed a lot of people over the edge was the realization that Social Security (in order for it to survive) was going to have to pay less...or pay later, and this comes only a couple of years after Nancy Pelosi was telling us, "There is othing wrong with Social Security...don't let them touch your Social Security".
Well evidently someone(s) has already touched my Social Security...many many times over a long period of time!
When did balancing a budget become so extreme. I just wonder why people, mostly liberals, think the tea partiers are so extreme because they want a balanced budget. Is it because this is what the media tells you to think? I mean it will either be forced upon us in another 20 years or we can actually attempt to solve the problem before our government collapses under debts. Essentially we have a choose of pain today or greater pain tomorrow. I don't think anyone is heartless for wanting government cuts, its just some can face reality that we can't pay for all of it. Even with the bill in the house we are still going to have extreme debts, currently $1.5 trillion a year and we are cutting at most $3 trillion over 10 years, so $300 billion a year, which leaves us with about a trillion a year deficit after the economy improves and revenue increases. That is for sure collapse or money printing, so expect some extreme German style or Mexican style inflation in the next 20 years. Wait until the government has to start paying the IOUs off in the social security program to fund the baby boomers. Not good and everyone just wants to keep what we have, without even thinking that eventually you have to pay for things.
All you people whining about your financial future by blaming the teaparty should get off your ass's and build your own future.
This country was build by hardwork, not by playing video games.....
What is the point of blaming and name calling when the truth is NO ONE KNOWS WHAT IS IN THOSE BILLS--except those that wrote it and might have read it. The public doesn't even know what they are accepting or turning down. We don't get line item information. So, instead, we just have p!ssing contests over party lines. While the President smugly sits back and encourages compromise--Where is his plan? Does he have a better option? If so, let's hear it!! Stop making stupid insulting denigrating comments that are completely useless and unite to make them take action!!
Linda, the tea party has morphed into something other than a lower taxes party. It is now run by a group of people that want to use it as a means to make social changes and redistibute the wealth to the upper income brackets. Look closely at any of the proposals that are on the table in the House. None of them require any kind of sacrifice by anyone but those least able to afford it. The burden is put right ont he backs of the elderly, disabled, and poor. No real cuts to the military, pet GOP projects or Congess's pay or benefits.. No real corporate tax reform that eliminates a company making billions and paying little or no tax all the while taxing the hell out of small American businesses.
I originally thought of the "Tea Party" as being 'non of the above' regarding those in Washington, DC--a swelling tide of non-aligned, move-our-governance-away-from-dysfunctional-incumbents, mainstream Americans.
The so-called "Tea Party" (as characterized by Liberals--and conscripted by Conservatives) shows me that I--as an Independent--never want to see a large national Independent Party/Committee (similar to the DNC or RNC), with a static, hackneyed agenda. I want to be able to line-item vote--as much as possible--on candidates and issues. Independent to me (and to many others, I'm sure) means unaligned to any intransigent political "persuasion" (pun intended, i.e., intransigent versus persuasion).
Thank his employer my ass! Thank what's left of the American Consumer for creating the demand that keeps his employer in business. When will people like you wake-up? The wealthy do not create jobs. If they did, we'd have full employment after the last 11 years of tax cuts. Only demand creates jobs! Kill the middle-class you kill the economy!
When they show you who they are...believe them!
Thinker...Grow the hell up yourself. It isn't up to Boehner to get the Republicans in line. It is up to US. If they can't get to work, then we need to raise enough Hell to make them think that we will remember them well next year. He is doing what he can. Can you do better? Can you do anything but throw out insults and Monday morning quarterback. BTW...I am all grown up. One person is not responsible for this mess. A whole nation is. Now it is time to stand up as a nation and tell our leaders to stop screwing the pooch and get some work product done.
Actually once a bill is passed you can see it here http://thomas.loc.gov/home/thomas.php All public law and appropriations can be found once passed. So you will be able to see the two bills passed by the house, and whenever the senate passes a bill you will be able to see that too.
WichitaThinkerRulez,
You do realize that it is actually a fact that about 47% of people didn't pay FEDERAL INCOME TAXES in 2009, not all taxes, but income taxes seem to be what everyone always focuses on. I even posted the liberal rag huffington post article for you about 2011 taxes, since I know you believe everything you hear from it.
http://www.huffingtonpost.com/2011/06/28/46-percent-of-americans-e_n_886293.html
JaxGuy. I think you stepped on a sore toe. You are not alone though. I work and earn a decent income. I have a masters degree which I completed while working full time and supporting a family. Alas, I may be a liberal and today is a sad one for me. It isn't that I see no value in the debate and I'm even for fiscal responsibility. The magnitude of polarization shown in this debacle is highly disturbing. How can liberals or conservatives disagree so vehemently and remain convinced their judgment is infallible.
Some have suggested a willingness to compromise. I'm not so foolish to believe they are holding out the conciliatory olive branch, rather I suspect they hope to gain the greater advantage. Even if jaded this seems realistic. Pragmatism ought not be a sin.
The tea party element strikes me as a group believing that complex problems have simple solutions. It's the dream of a fool and the food of a zealot. Even John Boehner can't reason with them. There is little to be gained by chasing a fool in a hurry but today that's the choice we get.
Thinker...I am not part of his constituency either. We--that mean You and Me--voted these people into office. We as a nation are responsible for that. I certainly would have voted differently if I knew then what I know now...but I didn't. Platitudes? Fool? Put your foolish platitudes in an orifice that matches your smell.
WichitaThinkerRulez,
I'm not a tea partier, I actually voted for Obama. Unfortunately I base my opinions on facts and substance not the crap that mindless people like you spit out of your mouth and make up. And like I said since you seem to have a reading disability, I was stated that it was income tax and not other taxes. I know 8th grade level writing can be difficult for some.
Consider it done. I am all grown up now. I didn't vote for them. I am, however, an American. That means that I am part of "we the people". If you are American--which I doubt--then you too are part of "we the people." I get it that you don't like (hate) the Tea Party. I do get that. I think it is fine also. Still, they seem to be a part of this problem--a big part--and the only way to deal with that is to stand together and try to see what they are seeing so that you or someone like you can come up with a solution to our national problems. If you want to deal with the Devil, you are going to have to mingle with the tenants in Hell.
Wow Wichita you seem to be the tea party expert. You know what they believe even more than they do. Kudos to you genius.
To the OP:
Your financial future is being DESTROYED because of the SPENDING by the US government (note: no republican vs. democrat comments needed).
So if OVERSPENDING is the problem, then how do you think OVERSPENDING is the solution?
Go get educated, then post. Not the other way around.
All you know is what the media tells you, which I am guessing is mostly huffington post style rags, not exactly an unbiased reporting. LOl Go milk some cows out on your prairie farm there in Kansas and lets keep the thinking to adults that don't use the term Rulez. lOL
Wichita...the elderly are grandfathered in and wouldnt be touched if you are over 55 on most of the proposed Republican legislation. They have nothing to worry about. My question to you is, why arent you concerned that Medicare will be gone completely in 10 years if changes arent made? With this known fact, why is it good policy to continue on the way we have been?
Time to stock up on food, water, batteries... this Right wing siege of my life, liberty and pursuit of happiness has been apparent for 12 years. Neocons, Tea Baggers, Christian Right Conservatives, Republicans... whatever label you want to call them. They are fed up with other people who don't believe in what they believe and are not going to be a part of it anymore. This is a political revolution where 20% of the country is willing to take down the whole kit and caboodle to prove the point. They are right, everyone else is wrong, we want absolute control, and um Jesus is the Way.
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
Hey Dave you need to get off the titty bro. Your little world isn't gonna collapse unless you make it.
Quit freakin out on everybody else because your not man enough to hack it in this world.
Go out and vote.
Careful though cause if you vote for the same your gonna get the same.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
Guess I hit a nerve with nwrob... I do vote... I don't insult people with grammar school terminology - I left the playground many years ago and picked up a BOOK...
I am only channeling my inner Clear Channel - Bain-Romney conglomerate - Coast to Coast AM message. Or was that Rush or eh, Fox. LOL
No your not your spewing the same thing you saw on 50,000 other posts instead of using your head to think for yourself. Then you try to stereotype me, falsely I might add. Your higher intelligince tactic is even unoriginal. You say you vote but do you actually understand what you are voting for. Because if it's a R or D then your in trouble buddy.
And you actually are trying to insult people with the little whiny comment you made.
Im not talking to you witchita, Im talking to dave
Further proof that Republicans are still following Dick Cheney's belief that "deficits don't matter." Only $917B in cuts over 10 years??? That's like telling an unemployed guy with a $3000 mortgage payment that if he cuts Starbucks lattes from his expenses, everything will be fine.
What a bunch of worthless losers our so-called leaders turned out to be!
Yeah the politicians talk about reducing the deficit instead of saying what it really is...adding to the debt. The republicans are a joke too.
pjam - at least you count those on 1 hand. This is nothing compared to the number that Conservatives have blocked in the Senate. 136 in the 111th Congress - 139 in the 110 Congress. This is more than double the previous Senate that the Democrats had the minority.
So yes - the Conservatives are the obstructionists.
You are the example of Conservatives who yell "Jaywalker" at the Democrat crossing the street, while running out of the bank you just robbed.
zztopps great size up...moreover this is pure and simple a power grab by those elite few with money (Tea Party members or Tuppets)...only one problem...the majority of the nation's people see it for what it is and are fighting mad. Think someone under estimated the American public. ooops!
Im wasnt even talking to you witchita. Damn,
I was talking to davidcameracraft.
look three posts above your post. and then a few more above that.
I don't care about marginal tax rates. Im sure if I tried I could understand them.
A smart person doesn't go around telling people how the smart they are, by the way.
So the Senate killed the House's budget, then killed two bills to deal with the out of control deficit spending and then they talk of bipartisanship and compromise? Don't piss down our backs and tell us it's raining.
The other paradox that exists with this issue is, if not raising the debt limit is bad for the economy what idiot created it in the first place? 1939?
Actually it is the Tax Policy Center, a Washington think tank, that claims about 45% of taxpayers pay no taxes http://www.msnbc.msn.com/id/42633769/.
I've never heard anyone from the tea party claim they are in the majority - most of them acknoledge they are in the minority, but if you are in a room full of children and say "don't spend all your money today, save some of it." Well, the person who says that will always be in the minority...
Amen, Doc, amen.
"ehv-savz- I am so with you on this. I don't think the teaparty understands how badly they are hurting the republican mainstream party."
The list of items not understood by the teabaggers is extensive. It includes just about everything but their own ignorant dogma.
They did not come to the table in good faith they already decided that they would honor a pledge they made to Norquest and not to the American people, I don't see how they could possibly take care of government business when they are controlled like puppets by the RICH, maybe their flock of sheep's might follow blindly but now this hurt their own, look at the Stock market, if it crashed I don't think their followers are going to be happy, Obama needs to stand firm, if he give an inch they will try to take a mile the next time, and really does everyone like these GOP clowns trying to extort our Elected officials every few months, they played it right up to the end trying to back Obama's back into a corner and it back fired they need to be shown the door come 2012, Problem solved .......
Go tea party go, listen to 'em whine!!!
I always laugh relating to tax issue on the poor, sure they do not owe federal income taxes, but the taxes that take the toll are on the necessary goods through sales taxes, property taxes, gas taxes, and unfortunately through tobacco taxes and alcohol taxes which unfortunately relating to studies I have read higher percentage of poor use tobacco than other classes. The weird thing is that the highest of these taxes across the country are in cities where Democrats have controlled the majority for decades. These taxes have caused the poor to never get a foothold and have been decreasing the middle class income. The Republicans are no better, but I am not sure how anybody can possibly think that the Democrats are assisting the poor out of their situation, or helping the middle class to stay in the middle class.
No Paul Ryan,
The problem is the Demorats and Republicans are playing a dangerous game of Chicken at this country's expense to get what they each want. It takes at least two to have a negotiation. So far what we have is the Republicans twice sending a proposal to the Senate and each time Harry Reid, being afraid it just might pass, or that some of his fellow Demorats might say something like "ya know parts of that aren't bad, lets take the good and throw out the bad, add some reasonable things we want, and send it back to the House to see if we can get something to send to Obama, then if he vetoes our collective nonpartisan bill, it is his problem." Instead, it is business as usual between the Demorats and Republicans. What nobody seem to see (or want to see) is that Obama is sitting back smugly in the White House and play both parties against each other in a very subtle, but apparently effective way! Example: When he said he would veto anything that came from the Republicans (that had him wasting his precious campaign time next year) he was setting up the current battle between the House and the Senate. The Master Manipulator strikes another blow to Change America into HIS America.
LIBERAL PROGRESSIVES NEVER CEASE TO AMAZE ME!
The Liberal Progressives incessant hate and demagoguery of the rich, successful and corporations would be funny if it wasn't so hypocritical. For decades we have been told how intellectually gifted they are. Your indolence is amazing. IF you Liberal Progressives are so intellectually superior then why aren't YOU running all these evil corporations and creating the utopia you so cherish.
WHY?
I'll tell you why. Your primary goal in life is academia. Now why would your goal in life be such a narrow scope of expression? You infiltrate the classrooms and universities and indoctrinate our children with your failing and unsustainable propaganda. As your ideology confuses everyone you are left with only one safeguard, tenure. This is the most cowardly way you can assure your career. No responsibility, no accountability, just a career for life whether you are a good instructor or not. With all your alleged intelligence it would seem you could expand your reach and create the "fair" world you so desire.
Tenure at many universities depends solely on research publications and research grants. Ironically almost all the grants and funding for research comes from the very corporations and wealthy philanthropists you so despise. So, let's put this in perspective. A person can dedicate their lives to entrepreneurism and create a business or corporation with all its attendant time, sacrifice and expense, but if they make profits or earn greater rewards this is social and economic injustice. However, when the intelligentsia takes the hard earned money of said wealthy individuals or corporations and uses it for their indoctrination, it's called social and economic justice.
The hypocrisy of this is overwhelming. Be that as it may, the rationale is expressed perfectly under the guise of "from each according to his ability, to each according to his needs". Marxism defines this so succinctly and yet this is acceptable. Creating the illusion of evil is the underlying purpose yet benefitting from its success is the ultimate goal. Only in the convoluted mind of the Liberal Progressive can this make any sense at all. Despite the obviousness of this distortion the distinction is still praised and rewarded with said tenure. The obverse of this is “Those that can, do. Those that can’t, teach”. This exposes the Liberal Progressive so fully that it hurts the eyes to even read it.
So, how can you Liberal Progressives channel all this self-proclaimed intellectual superiority into a more constructive manner?
Let me tell you.
TAKE OVER ALL THE FORBE’S 2,000 INDUSTRIES AND MAKE THEM THE UTOPIA YOU SO REVERE.
1. Go to business school for 4-8 years; learn about accounting, economics, human resources, management, payrolls, benefits, ethics, inventory and a few hundred other aspects of running a business. Especially a Forbe’s 2,000 business. These are the root of all evil in your self-pity world.
2. Now, after accumulating over $200,000 in student loans, go get a real job. Work your way up the corporate ladder based on merit rather than tenure. This will be an unknown accomplishment for you but you’ll pick it up quickly I’m sure. You have such superior intellect as compared to the rest of the world, right?
3. Once you achieve your position as CEO or president of the company refuse to accept any more than $1 dollar a year in salary than your highest paid employee. No perks, no stock options, no bonuses and no golden parachutes because you know these are all the root of capitalisms failure.
4. Now, do not allow your company to make ANY profits because as you all so proudly proclaim, profits are bad. Tell any investors and shareholders that they will most likely lose money if they invest in your company because that’s the cause of all the world’s problems, greed.
5. Let the unions dictate all your wages, benefits and pensions because unions only care about the “little guy”. We know the unions would never use any of the rank-and-files money for anything political or imprudent like that, right?
6. Let the EPA, environmentalists and other happy groups determine how, where and when you can produce your product. They, of course, are only concerned wit
Continued from above:
6. Let the EPA, environmentalists and other happy groups determine how, where and when you can produce your product. They, of course, are only concerned with protecting lizards, smelt, turtles, trees and other cute things, right?
7. Oh, and make sure you tell Barrack Hussein you are willing to pay much more in taxes to help all those who don’t want to work. It’s a free country and it’s your responsibility to pay them even though they can work but just don’t want to. It’s only fair. RIGHT?
See how easy it is? Seven (7) simple steps. This is all you Liberal Progressives have to do to create the utopia of social and economic justice for the collective.
Good Luck! ! ! !
Come 2012 I wonder who is going to be whining, or if the stock market crashes I know it won't be me ..... LOL LOL LOL
Time
July 15, 2011
When you understand this, doesn't it look as though the Tea Party is just a bunch of economic terrorists?
They're either trying to bring this country down or so ignorant they don't know what they're doing.
Just more Right Wing Fascist Rhetoric. If this statement is true, then it is the left wing liberals who have created this corporate world of money and greed. So that leaves your comment without any basis. And if this be true then it is up to the liberals progressives to fix the problem they created but the right wingers won't allow it.
So here we are again ... the Dems who simply want to continue spending are fighting hand and fist with anyone that even suggests that we should reduce the size of the government spending (and the size in general I might add).
They continue to point fingers ... This week it's Grover Norquest, two weeks ago it was the Koch brothers, before that it was Glen Beck, then Fox, then Bush, Cheney, ... On and on. ALWAYS NEED TO BLAME SOMEONE ELSE!
So explain to me exactly what are you afraid of with the Balanced Budget Ammendment? Tell me? Don't give me emergency stuff either. There's a way to handle that. WHAT EXACTLY ARE YOU AFRAID OF? It can't possibly be ratified in a so called 'Obama second term' (...NOT!!!!).
So tell me why the Dems didn't increase the debt limit when they had a Fillibuster proof majority? Too busy ramming home another 1.5 Trillion entitlement program?
Tell me why they don't at least vote on the two bills the House HAS sent to them? Gotta keep on spending!!!!! Tell me, Dems, How exactly are you going to revive the economy? More regulations? More spending? More debt? How exactly to you (Dems) intend on addressing the one thing that's eating up revenue faster than it's generated? Faster than you could TAX? What's you plan?
Here ... STOP BEATING UP ON BUSINESS! PRAY THAT CEO's MAKE MILLIONS so we can start have manufacturing jobs ... HERE in the USA. ENCOURAGE THE DEVELOPMENT OF OUR RESOURCES HERE!
... And pass the balanced budget ammendment!!!!!
Obama ... What a waste! Reid ... Total idiot.
RealAmericansFirst
So, just how long do you think these artificially manipulated interest rates, by the Federal Reserve, will continue?
Our GDP is pathetic. 1.3% last quarter with a revision of 0.3% for the first quarter. Under/unemployment at over 17%. Housing collapsing, foreclosures rising. Productivity weakening. Consumer confidence falling. Uncertainty increasing.
The Fed will be forced to "stimulate" the economy again. Unfortunately any attempt at further quantitative easing or another $timulu$ will be summarily dismissed. Any further Keynesian monetization of our debt will cause inflation to rise more than it already has. This will cause interest rates to rise. If our bond rating is decreased, which it will more likely than not, the increase in interest rates will further increase our debt responsibility.
The artificial manipulation by the Fed cannot last much longer. At some point, either internally or externally, our interest rates and subsequently our debt will just spiral further out of control. Unless we make significant deficit and debt reductions we will be competing with Greece and their austerity moves.
Does the Tea Party have any estimates on what the unemployment rate will be if they get their way?? You need to know where you're going before you start cutting people off at the knees.
State government budgets are already in dire straits, and yet you want to take away their number one source of revenue (federal dollars)? Have you asked your governor how he feels about that lately?
USA Today
Federal aid is top revenue for states
Better go ask those American corporations who are sitting on $1.9 TRILLION in cash to pony up. Corporate taxes are down to 9% of federal revenues - their lowest level in American history.
Real ...
How do you get to the point of economic terrorism from simply holding a position that we cannot continue to spend $3.79 for ever $2.20 we earn? Then following by observing that any taxes would first of all only add $.60 to our bank but may result in earning less than $2.20.
How do you get there? So following the spending lemmings over the cliff is rational?
Tell me HOW are YOU going to get the extra $1.59? When are you willing to live within your means? How much will you finally owe when no one loans you that extra $1.59? Then what will you do?
... Me ... I give the Tea Party freshmen an A+ . Now we just need 300 more ... And a President!!!
Keep on collapsing the comments and I'll keep reposting them.
The Tea Baggers, the few there are left, especially the ones in here like: AZChzhd, GeoSapper, ROY WILSON-336103, pjam09. Are perfect examples of how out of touch with Reality these Morons are!!! They really believe that they have actually accomplished anything other than making themselves a bunch of one term REP in Congress, they don't seem to have the slightest Idea that the American people hates their ways, that the independents that voted for them in 2010 are feeling the worst case of buyer's remorse in the history of the United States Of America, that not a single Senior Citizen is going to vote for them, that most of the Democrats did not even bother to vote in 2010 and, that is a mistake for which the whole country is paying dearly right now!!! There is only one thing that you guys have been successful at and that is quoting the words written on Admiral Isoroku Yamamoto personal diary "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve." Yamamoto said those words right after the biggest political mistake that Japan has ever made, attacking Pearl Harbor; by the way, that was the last time that Japan was able to make any other political mistakes. We all know how that one turned out for them. Well Tea Baggers… You guys did it and the people will punish your childish behavior, your willingness to destroy what's left of our Country, for making all of us the laugh thing stock of the whole world. Your stubbornness has brought us to the brink of destruction. See ya' all in 2012 at the voting polls.
Jhon ...
Sure... Got it, you like spending your grandkids money!
... I might point out to you that 75% who respond to those polls also want a balanced budget amendment.
... So, as always, you Libbies do not understand the movement. IT IS INDEPENDENTS!!!!! Just not independent Lefties (oxymoron there)
Markmich, you are making a dishonest argument. If you wish to vilify liberal progressives you might at least begin with some established evidence of their behavior. That's assuming there is indeed a group who identify themselves as liberal progressives and that they are all in agreement - something I doubt very much.
RealAmerican ... youask if the TP has estimates of job creation? And you also believe that as long as we can pay the interest on the debt, we're ok? If that is how you run your household fine but that is the thinking that brought about the crisis in the first place. And how well has Obama's predictions worked out for you ? Tarp, stimulus, 16 trillion to banks allover the world ... our money. Why ... because in order for the banks to break their own good business sense,a nd lend money to those who they knew good and well would not, and could not pay it back, they had to ba assured they would be insured. So the Pelosi Reid congres put so much pressur on the banks they broke with good business, and allowed those a taste of a home, they knew they could not afford. Look what that got us. Now you blame the banks and business for holding onto their money, while this reckless administration spends the rest of our money and has the gaul to hold the country ransom for more so it can also go to Obamas cronies for his reelection ... I don't think so.
Astonished-655682... By you guys stupidity?
From Charlie Cook:
That's the Tea Party in a nutshell.
BBG-3562398 - there are a couple of ways to destroy your household budget: spending too much or cutting your income.
The right wing has given away the farm to corporations and the top 2% of this country for years. And now they want the bottom 50% to make up the difference.
Associated Press
April 17, 2011
When corporate taxes are only 9% of federal revenues, something's wrong. U.S. Federal Tax Receipts - Fiscal Year 2010
Fix it, and then we'll talk about what the bottom 50% should give up.
Believenothinguread...
one question, needs clarification...
- which part of the Republican coalition are you:
pathetic propaganda victim with gun aimed at your foot which resides in your mouth,
or Kochroach cheerleader?
The great impasse we face in this nation is not Democrat vs. Republican, it is monumental ignorance and misinformation against reasonable progressive ideas for change. The first group, epitomized by the tea party, and embraced by the Republicans is being driven by the conservative media machine financed by Rupert Murdoch, directed by Roger Ailes and spearheaded by Rush Limbaugh. Unfortunately a significant number of people would rather give credence to the blathering of a fat ignorant loudmouth drug addict than to read, listen, and try to understand what is really happening to our country.
Because of the money behind this huge conservative propaganda media, lies and misinformation (called spin by the perpetrators) is perverting the commonsense of ordinary people into a twisted logic of hate for supposed enemies such as 'liberals' and 'social progressives'. There is a very real and frightening parallel between what this right-wing extremist propaganda machine is doing in this country and what the Nazi propaganda machine did to the German people before and during World War II.
The difference is that Hitler institutionalized his propaganda as government run policy to foment hatred against the Jews. In America today we have a privately financed conservative propaganda machine spewing hatred and lies against a different group of citizens, i.e. liberals. The invective used by Limbaugh and his crowd of imitators is no less evil, and no less dangerous to our rule of democratic principles than the lies and hatred poured upon the Jewish people by the Nazi regime in the thirties and forties.
Make no mistake, although they profess to revere such motherhood and apple pie feel good ideals such as freedom, and equal opportunity these are smoke screens put up to hide their real motives. If you take a look at what they are against, such as freedom of choice for women and mothers to be, universal healthcare for everyone, social security for the aged, support for families in distress, etc. their true motives start to reveal themselves.
If the true leaders of this extremist movement ever gain enough power to implement their ideology, we will see massive suppression (the second amendment solution) of the middle class, the poor, the unemployed, the unfortunate, and anyone who speaks out in favor of social justice. They already have the support of the Supreme Court.
In case I have to remind anyone, Jesus Christ was a liberal, and we know what the right wing conservative establishment did to him. People such as Murdoch, Ailes, Limbaugh, Hannity and their followers are simply the modern manifestation of the crowd that called for Barabas, instead of freeing Jesus Christ. They are motivated by the evil of ignorance, greed, and self-interest.
Thewre is a lot of name calling from all areas today...lots of blame being put on either one party or the other for the mess this country faces toda,. Yet..not one person has hit the real problem we have in congress...for all the talking both parties have done and continue to do..neiother has worked on a debt plan that makes sense. I watched with interest the last few days of the house on CNN..the ease in passing name changes for a post office is amazing....but the ego's of politicans when it comes to passing blame for their own incomputence is amazing.
Both parties are fiddling while Rome burns....
"....Amid these disastrous economic conditions, official politics in the United States is dominated not by discussions of how to address unemployment, or even secure an economic recovery, but a struggle to determine the exact form of the trillions of dollars in social cuts declared necessary by both the Democratic and Republican parties. Yet it is becoming increasingly clear that the passage of the cuts will be the prelude to an economic catastrophe."
US economy stalls as growth rate drops to 1.3 percent
By Andre Damon
30 July 2011
The US economy stalled in the first half of the year, according to figures released by the commerce department Friday.
The economy grew just 0.32 percent, or 1.3 percent on an annualized rate, in the second quarter, far lower than the annual figure of 1.8 percent that economists had predicted, according to statistics released Friday by the Commerce Department.
The figures come against the background of the negotiations over the slashing of trillions of dollars in government spending, which will further reduce consumer spending and result in hundreds of thousands of additional layoffs.
Barack Obama responded to the latest figures only by calling for the passage of the $3-4 trillion in cuts to social spending currently under discussion in Congress. In remarks early Friday morning, Obama said that the latest figures are a reminder of “how fragile the economy already is,” and urged an end to the “gridlock” in the debt negotiations.
Stock markets responded negatively to the news, with the Dow closing Friday down by 0.79 percent, dropping nearly 100 points, and the S&P down by 500 points or 0.65 percent.
The Commerce Department's figures followed the announcement by the British government that the UK economy grew by only 0.2 percent in the fourth quarter, after a gain of 0.5 percent in the first quarter.
Perhaps even more significant than the second-quarter GDP estimate, the figure for growth in the first quarter was revised down to an annualized rate of 0.4 percent, from the earlier estimate of 1.9 percent.
The annual growth rate was likewise revised down for 2008, from an increase of 0.1 percent, to a contraction of 0.3 percent. The annual estimate for 2009 was also revised downward from a decline of 2.6 percent to a decline of 3.5 percent.
This means that the US economy contracted 5.1 percent between 2007 and 2009, significantly worse than the 4.1 percent previously reported.
If the latest second-quarter figure is revised in similar fashion, then that means that US economic growth was essentially zero in the first half of the year. The US economy grew at a rate of 3.9 percent in the first quarter of 2010, 3.8 percent in the second quarter, 2.5 percent in the third quarter and 2 percent in the fourth.
Whatever the real level of growth may be in the second quarter of this year, it is clearly far less than the 2.5 percent rate necessary to create jobs and lower the unemployment rate.
The same day the growth figures were released, Merck, the pharmaceuticals company, said it would eliminate 13 percent of its workforce, cutting 12,000-13,000 jobs by 2015. This week, the US Postal Service said it plans to close 3,600 post offices, resulting in thousands of additional layoffs.
Earlier this month, the bookseller Borders said it would close all of its stores, laying off over 10,000 workers. That same day, Cisco, the telecom and network equipment maker, said it would cut its workforce by 11,500. The aerospace giant Lockheed Martin also announced this month that it would eliminate 6,500 jobs.
These disastrous mass layoffs are in line with the quarter's unemployment figures. Between March and June, the unemployment rate has grown every month, rising from 8.8 percent to 9.2 percent. The number of unemployed, meanwhile, grew by 545,000, from 13.54 million to 14.08 million.
The latest figures on durable goods orders show a similar trend. The Commerce Department said Wednesday that durable goods orders fell 2.1 percent, to $192 billion, in June. This was significantly less than the increase of 0.3 percent predicted by economists.
The Commerce Department figures also showed that auto sales fell 5.3 percent between March and April, followed by a 0.2 increase in April-May, and a 1.5 percent drop in May-June. Motor vehicle production fell at an annual rate of 16.4 percent for the second quarter as a whole, compared with a 29.2 percent increase in the first quarter, according to earlier data from the Federal Reserve.
These results correspond with the findings of the latest Federal Reserve “beige book” survey of regional economies, with most of the districts under survey reporting a slowdown in economic activity.
These calamitous figures make it impossible to characterize the present state of the US economy as a “recovery.” The rate of growth of the US economy has slowed in five of the last six quarters. There is no indication of improvement: rather, every indicator points to decline and stagnation.
Amid these disastrous economic conditions, official politics in the United States is dominated not by discussions of how to address unemployment, or even secure an economic recovery, but a struggle to determine the exact form of the trillions of dollars in social cuts declared necessary by both the Democratic and Republican parties.
Yet it is becoming increasingly clear that the passage of the cuts will be the prelude to an economic catastrophe. With the US economy stagnant, the firing of hundreds of thousands of government workers as a result of the proposed cuts―on top of the half million laid off in the first half of this year―would push the US economy off the cliff.
http://www.wsws.org/articles/2011/jul2011/econ-j30.shtml
Marv....that is just silly propaganda...."reasonable progressive ideas for change".....That has produced the out of control spending and debt that we have....You should look up reasonable in the dictionary...it is not the same as reactionary extravagance....and total lack of control...
Marv ...
Pinch yourself ... You're dreaming ! Totally off the wall ...
For those who want to know why we have such a big issue over raising the debt limit, it's because of the HUGE Deficits run up under Obama. Here are the Deficits for each of Bush's and Obama's years;
Bush 2001 = $128.236 Billion SURPLUS
Bush 2002 = $157.758 Billion Deficit
Bush 2003 = $377.585 Billion Deficit
Bush 2004 = $412.727 Billion Deficit
Bush 2005 = $318.346 Billion Deficit
Bush 2006 = $248.181 Billion Deficit
Bush 2007 = $160.701 Billion Deficit
Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year Bush net Deficit of $2.006 Trillion.
For Obama, his figures show;
Obama 2009 = $1,412.688 Billion Deficit
Obama 2010 = $1,293.489 Billion Deficit
Obama 2011 Proj. = $1,645.119 Billion Deficit
Add them up, and you get $4.351 Trillion of net Deficits over only 3 years for Obama.
I will give you the Obama's White House link so you can verify;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
The problem is HUGE spending increases by Obama.
Omama = The Peter Principle in action. (a)
(a) - For those who don't remember the Peter Principle, it's that a person tends to rise through an organization to their level of incompetence. In other words, "he's in over his head", and is desperately treading water. Having Nancy Pelosi make all of his legislative decisions in his first 2 years (and screwing up the economy) was certainly a tell-tale sign.
The 2009 budget was passed in 2008, so you can tack that onto Bush as well. As well as his two unfunded wars which were kept off the books.
And here's where the deficit came from:
U.S. National Debt
IWonder-932455
Go tea party go, listen to 'em whine!!!
Really? Probably you will be one of the first people bitching and moaning when we default blaming the President when it is the PARTY OF NO, GOP that will cause this.
Here's the bottom line ....a relatively small minority of congress, specifically baggers who were just elected to congress by people who believe anything, think they can DICTATE terms of the debt ceiling or trash the U.S. and global economy, even demanding a constitutional amendment for a balanced budget before they'll even consider voting to raise the debt ceiliing, a routine procedure done 100s of times by both righties and Dems, and not ONCE filibustered by the senate, which these clowns are prepared to do. These people don't give a sht about your social security or medicare, because they'll never need it. This is all about the baggers and their well off donators, and the fact that they MUST take back the WH at any cost, from a BLACK Democaratic President they can't stand, primarily because they're ignorant racist FUX.
1992 -- The United Nations Conference on Environment and Development (UNCED) Earth Summit takes place in Rio de Janeiro this year, headed by Conference Secretary-General Maurice Strong. The main products of this summit are the Biodiversity Treaty and Agenda 21, which the U.S. hesitates to sign because of opposition at home due to the threat to sovereignty and economics. The summit says the first world's wealth must be transferred to the third world.
The DISEASE must be addressed not only the symptoms.
United States out of United Nations.
Then,
Ban the Federal Reserve Bank.
Ban Fiat currency.
Ban fractional Banking.
Then,
Close 90 percent of military bases.
Reduce Military budget by 80 percent.
Enforce our borders.
Allow alien entry by green card only.
Then,
Eliminate Homeland Security.
Eliminate criminal CIA activity.
Eliminate war on drugs.
Legalize marijuana.
Free non violent prisoners.
Stop all privatization of government functions.
Then,
Term limits for Politians.
Eliminate Electoral College.
Limi political campaign funds.
Ban all professional lobbyists.
Then,
Restore funding to Social Security.
Begin single payer universal health care.
Eliminate useless government agencies.
Line by line review of pork.
Review Politian's benefits and salary.
Tariffs on all foreign manufactured items.
Then,
Prosecute governmental Traitors.
Eliminate CFR, IMF, Bilderburg, etc.
Enforce the Constitution.
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
http://money.cnn.com/2011/07/29/news/economy/debt_ceiling_reid_boehner/index.htm?hpt=hp_t2
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
Roy Wilson, as usual you propagate a lie. Below if you follow the link you can see the actual change in the national debit by year. Bush never put the wars in his budgets. What they say the budget was doesn't matter, what was spent does.
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
00 to 01 increase - $133 bil
01 to 02 increase - $421 bil
02 to 03 increase - $555 bil
03 to 04 increase - $596 bil
04 to 05 increase - $553 bil
05 to 06 increase - $574 bil
06 to 07 increase - $501 bil
07 to 08 increase - $1,017 bil
08 to 09 increase - $1,885 bil
09 to 10 increase - $1,652 bil
Is the government spending WAY too much money, and is it unsustainable? YES!! But at least lets not lie to make someone we like look better.
The national debt never dropped during the Clinton administration either even though there was claimed to be a surplus.
09/30/2010 13,561,623,030,891.79
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
09/30/2006 8,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
Instead of all of going on these posts and lamb basting each other we need to head to Washington and scream at the top of our lungs for them to do what we elected them to do. They are messing with us and they don't care if they hurt our seniors or veterans. They could care less if they crash our economy. They will still get paid, they will still take our tax dollars and they will continue to help foreign countries. Every American needs to crowd into Washington this week before Wednesday. Fill our gas tanks with fuel we can't afford. Let us shut down the country, not the a-holes in Washington. Face it each party has let us down. None of them have our best interest at heart. Let's protest now. Stop taking quotes out of context and let's kick their butts.
Moving ahead, the President will ask Boehner to 'reach across the aisle', which means join moderate Dems. Keep in mind the Reid plan was defeated by 60 votes and that's a bunch.
Meanwhile, freshmen Republicans are receiving phone messages from their constituents to "hold the line'.
Clearly Boehner will need to take a substantial number of freshmen Republicans across the aisle with him. Nobody knows at this hour what could possibly work, however the Boehner bill succeeded by 8 votes and is still sitting there, could possibly be ressurected. Perhaps the President could use the Boehner bill with another month added, say February 2012, revote and prevail somewhere within that 8 vote margin.
Short of that the President can continue to bluff and see if that works.
So far, this is the only suggestion that makes sence.
RealAmericansFirst "The 2009 budget was passed in 2008, so you can tack that onto Bush as well. As well as his two unfunded wars which were kept off the books."
Wrong.
The Democratic Congress never gave Bush a 2009 budget to sign. They waited until Obama took office, then he signed the $860 Billion 'stimulus' bill, and only then did Congress pass a 2009 budget, which OBAMA signed on March 11, 2009.
Budgets are ESTIMATES of what will be spent each year. I use ACTUAL expenditures for each year, which DOES include the cost of the wars.
It's amazing how many people do not understand the difference between a budget and actual expenditures. By the way, the Democratic Congress approved every cent that Bush spent on the wars.
michigan voter-546572 "Roy Wilson, as usual you propagate a lie. Below if you follow the link you can see the actual change in the national debit by year."
You appear to be clueless about the difference between a Deficit and a change in the National Debt - they are not the same.
Here's a hint - For the 3 years (1998 - 2000) that Clinton reported a "SURPLUS" of $431 Billion, the National Debt actually increased by $261 Billion. That's a 'swing' of $692 Billion between what people THOUGHT a 'surplus' meant (reducing the debt), and the reality of what really happened to the National Debt.
Here's another hint - When the government 'borrows' money from the Social Security and Medicare Trust Funds, they claim that it 'reduces the Deficit', but the reality is that it increases the National Debt. Here is a simple example; Suppose you had a company that had revenues of $1 Million, but expenses of $1.2 Million, for a net loss of $200,000, but you went to the bank and borrowed $300,000 to cover the loss and get yourself some extra cash just in case. The way the government would account for this is to report revenues of $1.3 Million ($1 Million in real revenues + $300,000 in loans) against $1.2 Million in expenses, for a "surplus" of $100,000. If that sounds 'crazy', it is, and no private company would be allowed to report things that way, but that is EXACTLY how the government does it. There was not a single year under Clinton where there was a REAL 'surplus'.
Here is another example; In 2007, Bush reported a Deficit of $161 Billion, but the National Debt for 2007 actually increased by $501 Billion.
This is easily verifiable from a variety of government sources, and I challenge anyone to dispute it.
The Tea Baggers can't even get people to vote on their posts, it makes Me happy to see that people has awaken.
God damn you Tea Baggers!!! Can't wait for the elections on 2012 so that we can rid the Nation of your stupidity!!!!
WichitaThinkerRulez banned, rereg of WichitaThinker02.
tyler
I Luv you and Sally, thanks!!!!!!!!!!!!!!!!!!!!!!!!!
Comment # 4.97 deleted. bobbyg-501939, you are suspended for a day for comment spamming. Stop it.
Ah Roy,,,, it’s easy to dispute what you say. What you wrote here only backs up what I said above. It doesn’t matter what they report their yearly deficit to be, all that matters at the end of the day how much we owe because that is the real measure of how much was spent.
It’s not I that is the clueless one, you must be looking in the mirror.
The problem is that the Republicans have signed over their right and responsibility to Grover Norquist and the rich. At the point that Grover's anti tax the rich plan has superseded the representation the Republicans are supposed to provide to their voters, Democracy is dead. When did Grover Norquist get to be the single most important vote in the Republican party? He is acting like a king and the Republicans are falling in line. How about you read the Republican signatures that have signed away their role as politicians to Grover and his lobbyist wishes. That my friends is treason and every single Republican that signed that agreement should be immediately impeached. You represent your district and the people who voted for you- not Grover and his rich friends.
How can what these guys did be legal? How can you claim allegiance to America but then pledge your votes to an individual? Why hasn't anyone quested this?
Paul, I'm not so sure I blame Grover Norquist for the whole thing. I think Republicans should have told Norquist that they couldn't commit to him, because they already made a commitment to the United States Constitution, and to the American People.
I almost view it as Republicans signing on with Norquist in order to have an EXCUSE for siding with the rich, and violating their oath of office.
Irene, you're thinking the same thing that I'm thinking -- Tea Baggers are violating their oath of office. Now who in the House of Representatives oversees a breach of promise?
The Republicans made this pledge to the American people as well as Grover Norquist. And damn well should. This is what they run on and what gets them elected. I am tired of the Republicans breaking their promises because Democrats cant bargain in good faith.
Democrats are NOT the Majority in Congress (House)
REPUBLICANS RUN CONGRESS.
The instillation of the Debt Limit was a CONGRESSIONAL ACT.
ONLY CONGRESS CAN CHANGE A CONGRESSIONAL ACT. (It is NOT the job of the President to show up/come up with a PLAN regarding a Congressional Action, ONLY CONGRESS has that duty to show up.)
Therefore, since the Congress is in the hands of the Republicans, ONLY REPUBLICANS ARE TO BLAME FOR FAILURE TO RAISE THE DEBT LIMIT.
Did you bother to read what Jeff Flake, Arizona Representative said? He said that these New Congress persons were not enticed by offerings of committee seats, or money for their re election campaigns... just like the Democrats when they passed HCR and FINREG under Pelosi. So far, the Republicans have passed a budget (which the Senate Rejected), one iteration of a method to lift the debt ceiling (which the Senate Rejected) and now a second one. If you took a poll, you would find that most Americans want a balanced budget amendment.. and, by the way, it has to be ratified by 3/4ths of the States.. not just 2/3rds of the congress.. nah, good democrats won't give the sheeple a vote like this.. they have not received enough "education" to vote correctly.
I disagree with the Tea Party, but you must admit, if it were not for them, the Dems would just pass this limit on a Friday night with no fore warning.. just slip it through.. why not have Reid "modify" the debt ceiling to $10T.. where is Obama's plan, where is Reid's budget? How about George Soros.. do you think he has much influence on the Dems, How about Andy Stearn, or AFSME or the Teachers Union, or the Natural Resourced Defense Council? etc etc
Grover Norquist indeed..
I feel there is a serious disconnect in this logic. Tea Party people were elected to Congress on the platform of "no new taxes." Why does agreeing to a plan that professes that position mean they signed allegiance to that man, instead of simply agreeing with a position that matches their own values? Note: I am saying this without having any idea what this Nordquist plan is, other than the liberal/democrat rantings about it being a "don't tax the rich" plan.
Whether you like it or not, people who associate themselves with the Tea Party are Americans, too. They're probably even be a minority of Americans, which, in all other cases, liberals support. Only, they don't count as a minority, because enough people agree with them to elect some people to Congress to represent them. Also, if you keep calling people names, you forfeit all rights to be offended when someone calls you or your friends names.
Boog,
First it would help if you knew how Washington works. There are two parts to Congress the House of Representatives and the Senate. The House has a Republican majority and I am sure you are aware that the Senate is in the hands of the Democrats. Also didn't President Obama when he was a Senator say that to raise the debt limit is a failure of leadership as he voted against it with every other Democrat in the Senate.
boogablue
Learn something before you show your ignorance, CONGRESS is two bodies, the House of Representatives, (controlled by Republicans) who have offered 2 bills and the Senate (controlled by Democrats)who have offered NO bills, just talk
President Obama should use the 14th Amendment and his Executive powers to bring this Republican Political Madness to an end. It is overtly clear that the GOP and the Tea Party are determined to cause a U.S. default and to also create world-wide economic turmoil. The GOP and the Tea Party do not care that a U.S. default will hurt millions of people in America and also around the globe. These extremists want millions of people to be harmed and they also want to be able to pin the blame on President Obama for the dire consequences of their irresponsible behavior.
The GOP and the Tea Party have a twisted and narrow vision of America and of the world. As the Commander in Chief, Obama should use the constitutional tools available to him to prevent avoidable and wide-spread economic disruption.
25Walker,
The President is not a dictator yet, so the power of the purse and its management still belong with congress. Once a president does do as you say and essentially commands the power of the purse, congress will have no more power and we will have one president/dictator who will command everything. Maybe one president would step down and allow an election after this, but it would be to easy for a president to decide to stay in office at that point.
boogablue, reps only control 1/3 of 1/2 of congress, NOT the entire thing, if they did we would not be in the situation we are in now. if they did we would have CUT, CAP & BALANCE which is the ONLY REAL solution to begin with. it's the welfare democraps that are the problem.
And what would it acomplish to pass a bill that the other part of Congress will not pass? The Tea Party GOP is using this as political fodder. If they were serious about getting the budget under control, they would not have waited so long, worked with the President's proposal and cut debt, and would be willing to do a long term deal.
Do a deal that adresses the deficit long term and get it done with bipartison support.
The best possible outcome is a long term deal that gives businesses some certainty and they will start hiring again, inproving the deficit with real tax dollars from working people.
Really? Where do you get your news...never mind, I think I've got that figured out. Who has gone so far as to put the big 3 on the table? Who has dropped demanding increased revenue? Who walked out of the talks over and over again? Who's threatening to destroy out economy if we don't meet their demands?
When they show you who they are...believe them!
Walker -
It is not the Republicans who are to blame for what is happening - except to liberal democrats. The republicans in the House have passed numerous bills through to the Senate - some for the 2012 budget and two to raise the debt ceiling. It is Reid and Obama who are stopping them by not allowing them to come to the floor of the Senate for debate.
Actually, the legislation does not go far enough in cuts and will not be able to stop our credit rating from being down-graded, so you can thank your democrats for that as they don't actually want any cuts at all or they would have put a plan out for review. The republicans are trying to meet them halfway - to the detriment of the entire country.
As for the 14th Amendment - It does not apply as you wish, as it just says that the debt should be paid. There is nothing as to how it gets paid, which is where the question lies. Promises for the future is not actual debt, though - especially in the case of Medicaid, Obamacare, Welfare and the like. An argument could be made for Social Security and Medicare as they are actually holders of the debt which must be serviced. So, since the country is capable of servicing its debt, the 14th Amendment does not apply. If, for some reason, Turbo Tax Timmy should decide to not service the debt, then the 14th Amendment would come into play - against Timmy and the President.
As for 'world-wide economic turmoil' - maybe this would be a good thing in the long run. The populations of various countries would have to learn how to stand on their own two feet again and stop relying on government to take care of them from cradle to grave.
dhranch - please read the constitution. The House must initiate all funding bills. This is explicit and cannot be ignored or argued away.
No matter how much manure you shovel - the republicans in the House are responsible - per the constitution.
It is up to the house to send a bill to the senate that can be passed (or compromised upon to pass) prior to being sent to the president.
The problem is that the DEMs have signed over their right and responsibility to unions and government workers. At the point that DEMs "tax the rich plan" has superseded the interest of America.
TEA PARTY - didn't spend $7 Trillion since 2007 (DEM control Congress), spend $4 Trillion while OWNING the House, Senate & White House....pass Stimulus, ObamaCare, gov worker bailout, GM/Chrysler bailout, Fannie/Freddie bailout....
DEMs can blame themselves for giving breath to TEA PARTY.
Blaming isn't going to get a damn thing for anybody. It is going to get you a serious depression and more taxes. Stand together...Try something different for a change. Try to see through a set of eyes other than your own. Get some unity going.
Then don't. I'm sure they feel the same about you. And as long as you have that opinion, don't bother to complain when this country goes under and you are standing all by yourself with a Chinese boss. Maybe she will hold your hand.
Since you obviously failed your junior high civics class, let me explain something to you: Congress is both the House AND the Senate. It is a plural term for both of them.
Then why does Obama regularly "summon" the leaders of Congress (again, BOTH houses of Congress, not just one) to the White House as if he was our king and they were answerable to HIM, not their constituents? He doesn't write the laws, he just signs them (or not).
First, bulls**t! The Republicans in the House have tried for the last two and a half years to get the government's spending back in line with its income, only to be blocked at every turn by the three-headed beast (Obama/Pelosi/Reid). Second, we wouldn't need to worry about the debt limit if the Democrats weren't so hell-bent on spending us into becoming a third-world country.
I simply do not understand most of the folks that comment on MSNBC boards. Let me ask you this one question. Here is the background.
Your spouse just maxed out their credit card. Your spouse picked up the telephone and called the credit card company. The credit card company said, NO, we will not increase your debt limit, you already owe too much money.
So, if you are a shareholder of that credit card company, do you really think it wise to "vote out" the officers of the credit card company that refused to take on the additional risk more debt would cause?
As a shareholder, sounds like you should be giving Tea Party folks a medal rather than voting against them! Personally I have never thought there is a grain of difference between Democrats and Republicans. Both parties want to spend more of the taxpayers money for different but equally stupid purposes. I'm sure the Tea Party folks will cave eventually. However, if they do not then the Tea Party will take over the Senate during the next election.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
If not for the silly rants the dems make about the TEA Party, most americans would not have taken a second look at the TEA Party. The TEA Party came to be elected because of their promise of getting this country back on a good financial footing. They are doing exactly that by bringing the issue front and center. How can that be a bad thing, since they don't have the voting power to change anything, so they must use persuasion. A lot of their ideas make a helluva lot of sense to many dem/rep/inds, that is what scares the hell out of the liberals, nothing less.
Magnets - your ignorance of the purpose of government is amazing. To compare a government to your personal finances is naive and dangerous. This is why the Tea Party types claim that default will do no long term damage - they don't understand the big picture.
A better comparison for you is to think of the government as grease that keeps the wheels of the economy turning.
When is the last time that you paved the road (not your driveway)? Which bridge did you build? Which country did you negotiate with last month? Have you even visited another country? How about another state? How did you get there? Please read the constitution - it actually addresses the maintenance of the national debt (shockingly). So our founding fathers (who wrote the constitution) actually wanted the government to have debt (shocking again).
You do not get to choose which government programs that your tax money funds. Your role is to elect representatives who will keep 'greasing' the appropriate parts of the economy. If you believe that using sand as grease is more effective (causing the wheels of the economy to stop turning) - then you should be held accountable for damages that your view causes.
Wichita- Take your meds, it's obvious you need them. Thank goodness for the tea party. At least they have the guts to believe in our country and do something about it unlike the others who have spent this country into oblivion. Fifteen trillion in debt! Incredible and they vote to keep spending! Total insanity and it will bring our country down. Stop repeating the liberal lies - they have nearly destroyed this country.
Wichita nonthinker,
The tea party should scare no one they have not harmed anyone nor threatened to. they simply believe that we are taxed too much already, which is correct and that Congress should pass budgets that are withing the revenues of the country, again a sound and logically thought out position that for some reason you wingnuts can't seem to understand. Becasue you don't and illogically assume you can spend your way out of bankruptcy you want to demagogue them as being dumb and scary.
Sir, I submit that your I.Q. wouldn't do anything but lower the class average severely.
I also must believe that YOUR country is NOT the United States of America because the Tea Party fits in well with the first 215 years of this country's existence.
Snowdragon, Wichita needs no dang edumacation, he is too busy. Thanks for trying, you make a lot of sense. I Wichita is prejudiced against older Americans, and I will lose sooo much sleep over it. A differing opinion will not be allowed in his tiny little world, just as it was in the old USSR.
Brett,
If Obama used the 14th it would not prelude a logical impeachment. The President's first and foremost duty is to protect the citizens or America from any disaster, natural or man made, that would harm our country. If no compromise is reached by the first then he is obligated to use the 14th amendment clause to force the issue.
I hardly doubt that people are going to impeach him for doing his job. It would be far more irresponsible of him to not take the 14th route if things do not play out.
Besides that, Congressional need to get rid of their silly campaign promises; they do not belong in this climate and the fact they still cling to no tax cuts proves they care more about their jobs them what is right. Even if we cut spending by 3 trillion or more, we still do not fix the underlying problem, which is taxes.
We need to let the Bush tax cuts expire, staggered so that they expire for those who can most afford the extra burden and then as the economy picks up we let the later portion go. Only cutting spending is not going to cut it, we have to increase taxes.
We also have to increase spending a small amount in specific area's in our state Governments, like on infrastructure and transit, so that we can produce some well paying jobs and stimulate the manufacturing and construction sectors.
We need to cut spending in DOD, we need to procedurally go through the funding for each organization formed within the Government and find who is using the money most effectively. Agencies that are squandering their funds on frivolous endeavors or on projects that are not currently needed should have their funding temporarily slashed.
We need to get rid of most of our tax breaks to corporations that are posting major profits, they do not need them unless they are struggling. We need to kill our subsidies to Big Oil and any other organizations at least for the time being until we can afford to review them for reinstatement.
Finally we need to rewrite the tax code; every line of it, and remove all of the lobbyist influence from it that has built up over the past decades (from here on has nothing to do with the debt ceiling but is still neccesary). We need to remove the tax brackets, or rework them, so that everyone pays a flat rate which removes all tax burden's from each class.
We need to lock the new tax code down so that it can only be altered by Congress and a bipartisan review panel. We also need to ban lobbying from all sources, be it unions or corporations and add heavy penalties and fines for interfering with the running of the Congress. We also need to pass a law banning riders or requiring them to be clearly printed within the bill.
After that we need to also enforce transparency laws on any and all money funneled into election campaigns and political donations and do away with the PACs.
Essentially we need to make the government air tight against outside influence besides the voters and make it entirely transparent so that we know what they are passing and where any funding is coming from.
PAUL=== you need to be impeached for if you are right then the rest of the world is wrong.
Sunday night President Obama will use the 4th Amendment to Raise The Debt Ceiling by Executive Order.
That will be a slap in the face to Congress, which is what they all severely need, especially the Republicans/TP.
14th ammendmant only gives the United States (not the president, 2 different things) the right to collect taxes. It was put in after the civil war to make sure the southern states paid there taxes. So they wouldn't try to be disruptive and without taxes from the feds. Nothing at all to do with the debt ceiling.
Three major spending bills have been sent to the Senate in the last 5 months. Reid tabled all three. These bills could have been debated, ammendmants made if they didn't like them and then voted on. If they didn't like them they could have made changes and sent them back to the house. I don't want to hear "party of no" anymore on the Republicans. The Senate is paid to do this.
THE SENATE HASN'T PASSED A BUDGET BILL IN 2 1/2 YEARS! Even when they had all 3 branches of govt.
Michael ........you really don't want the pres to raise the debt limit on his own. Besides being unconstitutional we would be downgraded within a month. Interest rates would spike further killing housing and people with adjustable mortgages. Our interest payments on the debt would increase 130-150 billion a year and probably deepen the recession. We have reached our tipping point on debt and if we don't cut minimum 4 trillion over 10 years (debt agencies language) we will be downgraded anyway.
WichitaThinker
Debt itself is not a bad thing. However, it is not whether it is manageable it is whether you are making a wise decision in what you borrow for. If I borrow $100,000 and throw it down the sewer I think I have made a mistake. If I borrow $100,000 at a sure 2% and invest it at sure 3% I think I have made a wise choice (granted I might do even better but the point is the same). If I borrow $100,000 at a sure 2% and invest it at a possible greater rate I have assumed some risk but I likely believe I am making a wise decision. My concern is that his government continues to borrow but I am not convinced it is making judicious choices on what to do with the money. I feel quite confident there is more than enough wasted and ineffective decision making that correcting these issues would address our problems adequately without having to borrow at ever increasing rates. Stop the ever increasing borrowing and fix the way the spending is happening.
bugablue,
Good one party thinking! That has been the presidents' deal since taking office. Everything he has done points to this.
He excludes everyone and anyone who does not agree with what he wants, all the while mouthing no one wants to compromise with me! No, you disagree? Ok. How about Fox news? Well, can't deal with them because they question what he is doing. The GOP? Ha! That "entity" just does not exist according to our illustrious elitist so-called leader.
Look at this latest issue with the debt ceiling. Reject after reject after reject. Then he opens his trap and states yesterday "there are many ways available to fix this" (quote may not be exact but close enough. If there are so many ways, why isn't it fixed? Why was it necessary to whine to the American public about how nobody (and he won't) compromise? No politician, businessman or person with a live brain would air their dirty laundry in public but he did simply because he couldn't get his own way. (No? Think obama-nation healthcare).
The Tea Party and the now the cowering balance of the Republican party who state that they were elected on a platform of no new taxes have left something out. They were also elected on a platform of jobs, they never mentioned that they were going to give all the tax breaks to the wealthy far right and corporations either. They left out the part about paying down the shortfall from giving too much to the wealthy with cutting the middle class programs and cutting the retiree's Social Security and Medicare. So the Tea Party and the cowering remaining Republicans basically lied and have gone back on their campaign promises big time. In short YOU HAVE DEFRAUDED THE COUNTRY.
The republican party may not be the same as it was before the last election, did you ever think of that. Things can change. You say you want change in congress, vote 'em all out, but when there is a change, you cry like babies.
Regardless of their campaign promises, they took an oath of office to protect this country. By throwing this country into default, they are, in my opinion, committing treason.
Take a good look at the above list of those elected officials who rejected Boehner's bill. Keep them in mind. Now take a second look at the states whose polticians voted yes. See anything in any of that? Use a map of the US and then put these politicians on the map. Stand back and take a good look.
By the way, in case you are all wondering, it was reported in a northeast paper yesterday that a large "contingent" from Big Oil and the real estate industries protested in DC. Gee...can't imagine why can any of you?
The only ones missing in that protest were the "contingents" from Big Pharma, Big Insurance and Big Military. Talk about Grand Old Party...roflmao.
Wonder how much money Big Oil had to pay those protesters? Looks like Big Oil knows its days are numbered and wants insurance for a last hurrah on the backs of taxpayers.
Reading these comments, I hold very little hope for my country. The ignorance is mind boggling. You people are so concerned with what color hat you have on, or what the "Tea party" influence is, you fail to grasp the reality of our current situation.
I don't care which party or president you choose to blame. Our reality is, as a country, we're heading for being BROKE. In your home, in your check book, when you pay YOUR BILLS, you know you subtract what you pay from what you earn. You balance your check book. You don't overspend because writing hot checks will get you thrown in jail.
Our government is writing hot checks. We are spending more than we have. How you fail to understand that is really ignorant. The rules you live by... living within your means... is not part of the Washington mindset. Yet your concern is not that they live within their means, your mindset is the tea party is evil... the democrats are stupid... the repuplicans are protecting the rich.
Shame on you.
Take off your colors and use your brain.
Asking for a balanced budget (ammendment) is something that has been around since as long as I can remember. It makes sense. But even though WE live within our means, Congress has not been able to pass this since Reagan.
It's time for the name calling to stop. It's time for the division of Americans to stop. Put away your anti-party crap.
1) We need a balanced budget and to live within our means.
2) We need a fair tax system, who taxes ALL equally. No write offs. No fancy accounting BS. Whether it's flat tax or whatever, I don't know and I don't care. But we all need to pay equally.
3) We need term limits in Congress. Two term max and they're done. No special entitlement programs, no pensions. It's an honor to have served, they get a f'n plaque for their wall and that's it. They live and enjoy the same systems they helped to create or destroy (health care, social security, etc.).
4) We place an ammendment to the constitution that you must pass an IQ or history/current events test before you're allowed to vote. This test takes place every 4 years. I don't know which would work but a voting lever in the hands of a group of idiots is a dangerous thing.
I don't remember anyone voting for Grover Norquist.
When your elected to congress by the people in your district you are suppose to represent the people who put you in office. Unless I'm missing something I don't believe a congressman in Texas, for example, is responsible to the people in a welfare state like the one you are probably living in.
So Jerryk - are you going to tell Reid his bill is a waste of time siince it is dead on arrival in the House?
The House passed two bills that would have fixed the problem now, secured the fix in the future with the balanced budget amendment, and given Congress 6 months to work on a second step. Obama doesn't want the people to have input at election time and he is putting his re-election and party over what is good for the country by insisting that the cap be the largerst and longest lasting in the history of the country in order to take us past November 2012.
Every plan presented is a farce if it does not also contain a possible passage of a balanced budget amendment and the Democrats know it. They are lying hyporites who are joining with George Soros in destroying this country as we know it. They must be defeated in 2012 or we are going to be another Greece. America has awakened and is telling them to stop but instead of listening to the people they condemn us and get their slothful weltfare bum constituents to call us teabaggers.
It amazes how many people say that term "the rich" with such contempt, as though having a lot of extra money makes a person evil by nature.
Of course, such an evil person would instantly become good if he would just give some of his money to me and others that don't have as much as he does.
The mentality that insists on legally mandated redistribution of wealth is consumed with envy and bitterness, and doesn't see the bigger picture of freedom for everyone, in which people can (and have many times) pulled themselves up out of lower education and lower income into much better situations without the vise grip of govt. dictating what everyone does with their lives.
If you fools want the govt. to continue to take money from the rich to bestow it, unearned, on the poor, then you had better be prepared to become a pawn of a very restrictive socialist government. The current situation cannot continue in it's expansion without that eventually happening.
It is far better that people give from free will, directly to the truly helpless poor, or at least give by way of charitable organizations. But those that have higher incomes, can't do that as much as they used to if their tax rates are raised. You don't raise taxes in a recession! You lower them, to create jobs, increase production and put money in the hands of the consumers. A tax cut will actually bring in more revenue, because of the increased taxable profits. That has happened with every major cut in income taxes in the past.
Finally, whether anyone likes it or not, there is going to have to be budget cuts, and eventually, a functioning budget balancing mechanism, which includes limitations on borrowing.
A major tax increase on the ultra rich would be great for Americans and our economy. We should be talking about going back to the 70% rate of Reagan's time. The Tea Party propaganda supporting tax cuts for the ultra rich is false, according to economic experts. Tax cuts are most effective at lower income levels, and have drastically less economic benefit as incomes increase.
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
http://money.cnn.com/2011/07/29/news/economy/debt_ceiling_reid_boehner/index.htm?hpt=hp_t2
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
After the the supremes laughably voted that corporations were people and obscene amounts of political donations are considered "free speech", the amount unions will be donating to political campaigns in 2012 will be minute compared to the floodgates of cash opened by this bizarre ruling, which will be used to buy the candidates of the rightie owned corporations choice. Just wait and compare the amount donated by the dwindling unions to that of the corporations, or should I say "people", your good friends who have outsourced millions of jobs overseas the past 10 yrs and get tax breaks for their patriotism.
Senator Barack Hussein Obama, Floor Speech in US Senate, 2006
Remember in November 2012
KC
You should visit this site and get a education about who donates how much to who.
http://www.opensecrets.org/orgs/list.php
Thank you Pjam, at least somebody understands. We need real cut not smoke and mirror cuts. I like the plan to save by passing a bill to spend a trillion dollars covering the moon in yogurt. The tomorrow we will pass a bill cancel that and look we saved a trillion dollars.
Bobbyg
Nice post so the problemis expenditure, and taxes on individuals are a minuscule income stream, so a freeze on borrowing must apply, and a Immediate application of " Must pay expenditure" and all else negated.
pjam, don't where your figures are from but they are just plain wrong. The CBO estimates the Reid plan would save the taxpayers 2.2 trillion dollars between 2012 and 2020. The GOP plan would save sustantially less and would impact the poor and elderly more.
I am interested in viewing the Reid plan. One question I need to ask: Where the hell were the budget proposals for the last year? It's quite clear the Dem's don't have a clue when they can't pass a budget with a super-majority.
When the Repubs acting propose a budget, now the Dems become the party of NO.
Washington is disturbingly broken. Unfortunately, we the people are the ones to bear the brunt of their screw-ups.
It's just a sad day when you realize that the world was different than you thought. I thought that we lived in a democracy.
I knew that rich people/corporations, who have (mostly) their self-interest at heart, can affect politics with their lobbyists. I knew that. But I figured because they played this 'game' that there wa, well, still a chance; a chance that the people will be represented.
Now I know that there is no chance. Why they pretend to have to lobby to get their way to begin with is like a sick joke sadly. Why not just put your cronies in there to begin with? Then you can save your damn lobby money.
It's been a sad year for us Americans, for many reasons.
Liars, when was the last time the Dems had a super majority? Are you that out of touch?
“I disagree with the Tea Party, but you must admit, if it were not for them, the Dems would just pass this limit on a Friday night with no fore warning.. just slip it through.”
jcook140
That’s the kind of imbecilic thinking that’s DESTROYING this country.
The “debt ceiling” is ordinarily a "housekeeping" matter, raising the credit limit to pay the bills for PURCHASES ALREADY MADE.
NOW IS NOT THE TIME TO QUESTION WHETHER OR NOT WE’RE GOOD FOR OUR DEBTS.
IT SHOULD HAVE “JUST SLIIPPED THROUGH” - THE WAY IT DID ALL 7 TIMES IT WAS RAISED DURING THE BUSH AMMIN, AND ALL 17 TIMES DURING THE REAGAN ADMIN.
What’s killing this country, is that Republicans can create a non-existent “debt ceiling” crisis over their wish to destroy government (just because a Democrat’s in the WH) and you suckers fall for their TOTALLY DESTRUCTIVE BS every time (while they’re robbing you and laughing all the way to the bank).
All these "cuts" Republicans suddenly want (why didn't they NOT charge 2 tax breaks for the rich, corporate welfare for Big Pharma and 2 freaking wars before they decided to become intersted in becoming so frugal???) is just to stall a nascent economic recovery for Obama and 2012, to hopefully weaken SS and Medicare - good luck with that - , destroy governent functions that protect Americans - the EPA - and keep our children ducile, dumb, unquestioning of their authority - by defunding education.
Stop swallowing their swill and use your own brain maybe?
Clearly compromise is in site on the Deficit Cap debate, now 72 hours from "D" Day.
Enough consensus in the House means the Boehner bill. There are 8 votes of slack. "Leadership" means count on the Boehner bill at this point.
The Leaders could try to reach across the aisle in the House. They risk losing more House Republicans than what they will gain in House Democrats no matter how they frame it. They could end up with a 44 vote deficit in the House as with Cut, Cap, and Balance, in an eyelash.
I think they should take what they’ve got, the Boehner bill. A bird in the hand is worth 2 in the bush.
Good to see these companies, including many unions, had their heads on straight during the time of the survey, but the union's stash of cash is but a mere fraction of the conservative corporations, which wil be unleashed in full force in the 2012 campaigns for their favorite conservative candidates due to the supremes "gang of 5" lunacy. My point is, a corporation (or a union) should not be considered a person, and obscene amounts of money is not "free speech". Makes the game a bit unequal for us po' folk, ya know? With no campaign spending limits, a rich corporation with lots of cash on hand could saturate a market with ads for the conservative puppet of their choice, thereby practically guaranteeing a win for their guy or gal. This article explains the insidious nature of the ruling...if you're not a rich white guy, your fkd.
http://readersupportednews.org/opinion2/277-75/5117-the-buying-of-america
There are at least three options--one is the 14th amendment.
Second is a $5tln coin minted by the treasury and traded for U.S. debt securities held by the fed reserve. Then the debt would be lowered by $5tln--voila $5tln credit to lower the debt limit by $5tln.
Third is a overdraft option where the fed reserve (acting in the capacity of the banker of the U.S.) allows the treasury to overdraft it's account; the fed issues government bonds and credits the treasury's account to lower it's outstanding balance. Again, the debt amount is lowered--no default here.
So with at least 3 legal and reasonable options in the light of the debt ceiling, what is the big ballyhoo all about? President Obama, tell them where to put it and lets get on with the show.
For the link:
http://www.slate.com/id/2300428/
The above comment is directed at Slodon.
photoguy. See 2006-2010. Out of touch with your farcial reality maybe.
Just wanted to point that out. I honestly think these forums are farts in the wind.
There are so many so-called "free thinkers" posting like WitchitaThinkerRulez and yourself. You are actually a bunch of psueod-intellectuals that have their heads burried so far up their ideological bums. This arrogant way of telling everyone you know better truly shows a narrow minded ego that needs to be deflated.
Get reasonable folks....Where in the world is this Congress & Obama gonna be in 2021!!??? What about Obama's war in Libya?? The Senate "cuts" are indeed illusionary (that is...it's phony).
The Senate seems to not even want fiscal responsibility! That's what all this is about....NOT partisan bickering!
"The Show" obviously meaning irresponsible spending on undeserved entitlement programs....Federal Givaways that we cannot afford!
Chandradust
BTW Chnd. - This is a REPUBLIC, NOT A DEMOCRACY! Somehow, you've been fooled. Better check your sources.
GIL
Lets see, you get a letter from your financiers, stating that you are overdrawn and about to be foreclosed, so what you tell them, ok take the Money from my X account and put it in the Y account and viola, NO Problemo, is that right?>
Tammy
lets be honest! You said the republicans have past numerous bills since they came into office....you want to no how many they have completed??? 12!!! wow big woop! 12 since they took office in January..thats nothing to brag about. The last 2 years (2008 to 2010) under Pelosi the congress past over three hundred and the 2 years before that (2006 to 2008) even while working with Bush over 250 were past!
I dont think their current record is exactly magnificant! Time to get off the golf course fellas! You seem to be cashing your check but not doing your work!
I am having a hard time understanding the Democratic rehetoric. The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate. I don't understand why the Democrats are insisting on shutting down the government. Actually, it might be a good idea, but I am wondering why the Democrats are so determined to shut everything down. The Democrats have the power to pass either bill anytime they want. Why won't they do it? Are they trying to cause a collapse?
LouNJ Comment collapsed by the community
The only douche on the net is you, especially with comments like that. Would you also revert those comments to FR where you are a popular poster with your NewsVine Fan Club chippies?
Call me a racist Big Boy, for I dispise Barry O and all the Progressive Party stand for. You guys continue to tell lies, berating the Republicans when your group is the center of 'NO'. You are lucky so far that the liberal media owns Barry O and douches like you.
DEAR MSNBC:
Please DELETE ALL PREVIOUS COMMENTS if you are going to just change the Articles heading, or publishing a NEW ARTICLE.
That way, we can get rid of the OLD right vs left mud slinging comments and start afresh !!!!!
John McCain declares that the Tea Party's House Freshmen budget plans and proposals are deceptive, as well as, "bizarro."
McCain erupts: Conservatives are lying to America
Excerpts:
So the debt limit debate has come to this: John McCain, who you may recall was the GOP's 2008 standard bearer, is now openly accusing conservatives of actively misleading America with their completely unrealistic demands, which he labeled "deceiving" and "bizarro."
In a seminal moment in this debate, here's some video of McCain on the Senate floor today, unleashing an angry tirade at conservatives who are still holding out for a balanced budget amendment as part of any compromise on the debt ceiling. McCain accused them of "deceiving" America into believing such a thing can pass the Senate.
To such conservatives, McCain offered a simple answer: You're in fantasy-land, and you're doing your constituents a disservice by perpetuating the falsehood that such a thing can ever happen.
Tellingly, McCain cited today's Wall Street Journal editorial excoriating conservative opponents of the Boehner plan as out of touch with reality for thinking they can do better.
McCain's angry tirade on the Senate floor today perfectly captures the rising frustration, anger and panic of more responsible Republicans and GOP establishment figures as they come to terms with the true depths of the [Tea Party] delusion that is now afflicting some on the right — and the danger it is now posing to our economy and country.
www.washingtonpost.com/blogs/plum-line/post/mccain-erupts-conservatives-are-lying-to-america/2011/03/03/gIQAUm2HdI_blog.html?wpisrc=xs_sl_0001
Is Reid talking with the freshmen House Republicans? This article doesn't say. I think he continues to talk with so-called "leaders". We have seen that before several times this week, and clearly 'leader talk' don't cut no ice with the rank and file freshmen Republicans not to mention a few Democrats.
That's the old way it worked. Not now. No more "tell 'em how to vote". The leaders should 'get it' pretty soon or are they bone-headed?
The leaders have no leverage at all on freshmen Republicans, a growing number of regular Republicans, and more and more Democrats. They're here, they're in your face, get used to it. It's a new day.
How dare the T-Party suggest we get our Finances in order? How radical, to actually balance a budget?? to live with in your means.
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. ... Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better."
Senator Barack Hussein Obama, Floor Speech in US Senate, 2006
For those who want to know why we have such a big issue over raising the debt limit, it's because of the HUGE Deficits run up under Obama. Here are the Deficits for each of Bush's and Obama's years;
Bush 2001 = $128.236 Billion SURPLUS
Bush 2002 = $157.758 Billion Deficit
Bush 2003 = $377.585 Billion Deficit
Bush 2004 = $412.727 Billion Deficit
Bush 2005 = $318.346 Billion Deficit
Bush 2006 = $248.181 Billion Deficit
Bush 2007 = $160.701 Billion Deficit
Bush 2008 = $458.553 Billion Deficit
Add them up, and you get a total 8 year Bush net Deficit of $2.006 Trillion.
For Obama, his figures show;
Obama 2009 = $1,412.688 Billion Deficit
Obama 2010 = $1,293.489 Billion Deficit
Obama 2011 Proj. = $1,645.119 Billion Deficit
Add them up, and you get $4.351 Trillion of net Deficits over only 3 years for Obama.
I will give you the Obama's White House link so you can verify;
http://www.whitehouse.gov/omb/budget/Historicals See Table 1.1
The problem is HUGE spending increases by Obama.
My gosh! Reading some of these comments, you would think there are people who believe we should lock up one party or the other, take all their money, and put them in labor camps till they either die or the debt that is obviously all their fault is paid off. Then of course, they would be free to be put to death.
No wonder nothing gets done in Washington. People gotta posture on both sides of the fence till the last moment. Lets hope the nation wises up and elects free thinkers. Wouldn't it be awesome if there were no parties, and people did only what was best for the nation and not for themselves?
THE LIBERAL PROGRESSIVES PANIC AND, AS USUAL, LASH OUT CHILDISHLY!
This is not unusual. Just as the indoctrinated unions are being challenged for their corruption and thuggery, the Liberal Progressives lead blindly. Liberal Progressives, persistently confused in their belief that we are a Democracy, believe the majority rules. This is the shame and confusion that consumes them as their decades of mindless and illogical socialism is finally exposed as unsustainable. Now the usual rage and anger is being exhibited.
As corruption binds the party, they can't understand why the real American people are revolting against their childhood delusions that most people abandon after they reach puberty. The Liberal Progressive mind clutches to the utopia socialist world that has never been obtained without decaying into Marxism or their favorite, Communism. One hundred years of delusionary thinking has finally been exposed as the unnatural state it is.
Hairy Reed, Nanny Piglosi, Barrack Hussein and the other indoctrinates have been under the insane assumption that Progressivism is somehow a rational and acceptable existence. Decades of mindless entitlements, social programs and deception of the American people has finally caught up with them. The recent negotiations have proven their inability in normal thought or cohesive leadership. Without their "Democratic" manipulative majority they are helplessly wandering without direction.
The strength they allegedly showed in forcing the criminal and immoral Health Care Redistribution of Health hoax on the American people was the epitome of their idiocy. The Liberal Progressive disease was fully evident in their own party as fraud, bribery and extortion were the only weapons they had command of. Negotiation, compromise and bi-partisanship was summarily dismissed and now their attempt without majorities is evident. Their incoherent and thoughtless proposals, when offered, are seen as the ridiculous nonsense that only Liberal Progressives can believe.
Hairy Reed struggles to even stand straight when addressing his caucus, his leaderless accusations and projections are hard to watch. Nanny Piglosi, still fulminating from her loss of the gavel, appears weak and hostile. Barrack Hussein, as expected by rational Americans, is fully exposed as the immature, incompetent, narcissist we all saw during the campaign. His histrionics and illogical prioritization is creating the chaos we all see today.
Instead of addressing the most important issues, economy, jobs, debt, foreclosures his socialism consumed him. Wasting a year and a half nationalizing 1/6th of our economy, under the guise of Health Care Redistribution, strictly along ideological grounds to create his legacy was his downfall. Now we see the Liberal Progressives, led by a Community Organizer, straining to salvage the same economy they have ruined for decades. If it wasn't so pathetic and globally important it would be funny.
Budgets have been irresponsibly avoided due to lack of knowledge. An economic team clearly abandoning a sinking ship. Economic indicators falling or rising in all the wrong directions and times. Massive job losses, foreclosures spiraling out of control, bond ratings threatened, GDP crashing, productivity failing, massive Debt created and most importantly, global confidence eroding. What was once the economic envy of the world, is now teetering on total and irreversible collapse. Of course the Liberal Progressive solution, as always, is steal more money from American's with taxes and destroy the Constitutionally mandated military. The 60's and their attendant drug induced rages and violence are still fresh in the Liberal Progressive mind.
Today we see the insecurity of the Liberal Progressive as they need to lash out childishly at any opponent to their delusional cause of economic and social justice for the collective. Of course who better to project their usual hate, anger, misogyny and racism than on the TEA Party. A non-partisan, non-ideological movement that embraces what the majority of real Americans cherish. Constitutionally limited government, fiscal responsibility and free-market principles are the hallmarks of our great nation yet Liberal Progressives demonize it as it interrupts their socialist underpinnings. Their attempts during the Health Care debate to discredit the movement were dismissed and now they revert to the same lunacy. The insanity of this was described by Einstein, yet Liberal Progressives relent.
The TEA Party's strength is the fact that there is no "leader". There is no single entity Liberal Progressives can demonize as they have George Bush for all their insecurities and inabilities. Finger-pointing, blame and being leaderless has become the image of Liberal Progressives. Their hatred of the TEA Party can only be described as delusional as has been their ideology for decades. Their veiled concerns for the poor, victimized, discriminated and exploited is seen as their massive entitlements and social programs are collapsing around them. In their desperation they use threats of the same social programs being denied to the elderly, poor and children. How much more convoluted can anyone be than to create the entities, and now as they collapse, keep using them as a defense mechanism? The Liberal Progressive hypocrisy cannot be exposed more than that.
The next few days will exhibit the true inability of the Liberal Progressives. Their proposals are as "progressive" as rearranging furniture. No clear or rational thought is being displayed by either the Democrats or our incompetent president. Liberal Progressivism is stalled, as usual, when it is truly challenged during a crisis. Previous crisis management was simply
Continued from above.
The next few days will exhibit the true inability of the Liberal Progressives. Their proposals are as "progressive" as rearranging furniture. No clear or rational thought is being displayed by either the Democrats or our incompetent president. Liberal Progressivism is stalled, as usual, when it is truly challenged during a crisis. Previous crisis management was simply delayed with massive wasting of money and time. Dithering is alive and well in the White House and Senate. Hopefully the American people will continue their complete support of the TEA Party and the Republican plans. Although they are not complete and perfect at least they are offering proposals and supporting what the American people truly want. Less government, less government intrusion and a return to true American exceptionalism.
Close tax loop holes? Yes.
Cut spending? Yes.
Raise the debt ceiling? We probably should not.
The U.S. needs to reduce its debt. I reduced mine. Guess what? It hurt. I had to cut spending. I had to increase my income (part time job for me/close tax loopholes or additional taxes for the country). I spent less and had less free time. It takes discipline.
What's congress going to do? Are they willing to hurt? Are the American people willing to hurt?
Apparently you don't pay your bills.
What's that supposed to mean? I pay all my bills. I don't need credit to pay my bills.
Ed, please make sense.
The debt ceiling is to pay for what Congress already agreed to - it is spent money. It is like not paying your electric bill. The time to talk about deficit reduction is during the budget process, not now. The conservatives have already damaged our economy with this unnecessary theater. They have already harmed us.
Tony,
You need to go back and learn what the debt limit/ceiling actually is. The limit must be raised to allow the country to pay bills already owed. I don't see in your list of things you have done to reduce your spending anywhere you say you just didn't pay your bills. Reducing spending should come after we raise the debt limit to head off an increase in interest that would make any attempt to address the debt more difficult and expensive.
Discribe what a Tax loop hole is please......and an example of one would be nice.
Name one.
Yes, but what do you cut?
More importantly, what are we willing to do without? Smaller military, close all of the national parks (b/t/w -- those are an actual money maker for the country). And if you want to cut people's salary or their job then you increase the unemployment roles, the number of foreclosures increase, and the value of your home goes down.
This is all called "Cause and Effect." While it's nice to say lets have the government not do this or not do that then we have to be willing to live with those consequences. Think about it... It's not as easy as many want you to believe.
@vwterry;
Understood. I'm not talking about that. I'm saying that reducing the defit, whether it's now or later, is not going to be easy. Raise the ceiling now, that's fine, but it must be addressed sometime. What I'm saying is, neither the government nor the American people are willing to sacrifice.
Tony - I am so glad that you are working 2 jobs so that the ultra-rich in this country can pay a lower percentage of their income in tax. I am sure that they appreciate your efforts - as they fly off to their vacation houses.
Maybe we should change the tax code to tax all assets each year. Those of us in the middle class would still pay, but the ultra-rich would then have to actually pay their fair share...
Now let's see how many people will claim that 15% total tax load for the rich is too much. That is what they are paying (and not paying social security, unemployment tax, and several other taxes that working stiffs pay).
But hey - they worked for (or inherited) their money - so they should pay less tax. You stupid middle class were not born into money, so you should pay a higher percentage of your income for taxes. Remember - no new taxes for the rich.
David, that's exactly what I've been talking about on other posts. When the government cuts jobs, it harms the economy even more. When one company lays off a lot of people, not too big a deal. When a lot of companies do, it hurts. When the government adds to it, it's a big deal.
And yes, that's why it hurts, 'cause we have to live with the consequences.
But somewhere along the line something has to get cut. Our problem is that when the economy is good, spending increases. When it goes bad, it's too late. Putting money away in good times would be the way to go, so you could draw from it when things are lean, but politicians can't seem to let money lie.
@interested observer,
If you'd spent any time in an introductory economics class, you would know that raising taxes (on anyone) has a negative impact on economic growth. We need economic growth in order to increase tax revenues, not higher tax rates.
Paul,
So how do you suggest this country stimulate the economy if all we do is take money out of the system through spending cuts? Unemployment has stayed static due to the massive loss of public sector jobs from the federal government down to state and local levels. More people not working means less revenue to the Treasury.
Tony: Raising the debt ceiling has NOTHING to do with spending.....it only allows us to pay the bills we currently have coming in and does not allow unbridled spending.
Paul- We certainly need to listen to those economics teachers and theories. (sarcasm)
They have been the teachers and mentors of all the people who have led us into this mess.
Call Your LOCAL GOP and They Can EXPLAIN a TAX LOOP --HOLE .........
and if YOU had spent any time in economics class instead if listening to Rush Limbaugh, you would know that cutting government spending during a recovery is economic suicide.
Actually - there are very few economics professors that are advocating lowering taxes and not taxing the rich at the same rate as the middle class.
This is the paid shills for the rich making up their 'facts'. The reality is that the rich pay taxes at a much lower rate than the middle class. This needs to be remedied.
The solution is not to lower taxes. Only idiots believe that the fundamentals of governing (maintaining a government) is free. Only idiots believe that we (in the USA) are paying too much tax. We are paying at a lower rate since the great depression. The rich are just greedy and want the middle class to subsidize their lifestyle.
And as I predicted in my earlier post - the shills defending the right of the rich to fleece the middle class will be posting.
@vwterry, thanks for asking!
Tax revenues have remained constant at around 18% of GDP since the early 1960's, regardless of the actual tax rate. So the answer to increasing tax revenues is NOT raising tax rates. We need to grow GDP.
Are you of the mind that if the government leaves more money in the pockets of Americans they aren't going to spend it? I have every confidence that Americans can spend money without the assistance of the government. In fact, I have every confidence that American can spend it much BETTER than the government.
@Didi, I'm curious. If we have a debt problem, how is taking on more debt a solution to that problem? The purpose of the debt ceiling is to constrain government spending. We have plenty of revenue currently coming in to pay service on our current debt, fund entitlements, etc. Government spending is the problem, not the solution.
@itgranny, if you can point me to ONE respectable school of economic thought that says that raising taxes has a stimulative effect on the economy, I'm all ears.
@interested observer, I don't think I've heard anyone advocate cutting taxes further. But all of those economics professors will tell you that RAISING taxes has a negative impact on economic growth.
Revenues as a percentage of GDP is currently about 14%. History is history.
The Federal Government is the largest purchaser of US goods and services. Taking money out of the Treasury through continued tax breaks takes money out of the nations economy.
It is amazing how everyone is an expert on the Laffer curve. It is true that increasing taxes hurts the economy - WHEN TAXES ARE HIGH - and the economy is at the high side of the curve. But we are not. We were not even when Reagan was president.
If lowering taxes in a good economy is claimed to be good (per the lunatic fringe), then the opposite should also be true. But these lunatic fringe types argue that lowering taxes is always good - and THIS IS A LIE. They create false facts to support their claims, and people tend to believe written lies.
So - to restate--- raising taxes does not hurt jobs, anymore than lowering taxes increased jobs (this also did not happen - inspite of the lies).
People - look at facts. Stop listening to the lies that are spread. Look at the data and then draw conclusions. The data does not support their lies.
Now we're getting somewhere!
Where do you suppose they get the money to buy all those goods and services?
It is not taking money out of the economy to let Americans spend that money for themselves.
Now you're preaching nonsense.
What do you have besides hot air to support this claim?
It seems that it is you who are making up facts.
How much military equipment did you buy last year? How much concrete that has gone into the national highway system did you buy last year? How many federal prison guards did you personally pay last year? Who created those goods and who supplied those services? Normal everyday American employees. It's those jobs that are being supported by the purchases made by this government that are used to support, defend and repair the basic structure of this country. There is a need for government to spend that money as most private sector Americans would not spend on those things.
That certainly explains why our unemployment is so low...11 years of tax cuts! I'm sure glad you gave us a lesson in economics.
When they show you who they are...believe them
@vwterry. I have no problem with the government spending money on those things. It's the stupid stuff it spends money on that leads me to believe that they need a reality check. Read this:
Stupid stuff the government spends money on.
I think you'll agree that most private sector Americans would not spend on these things either. If we have money for this kind of nonsense, we don't have a revenue problem.
Why does it take having the absurdity of your comments pointed out to get you to appear reasonable? My intent was to show that your blanket statement is at best ill-informed and probably disingenuous.
No doubt there are many things that the government should reconsider when it comes to spending, but first we must do everything in our power to restore the economy of this country and pulling such a significant portion of actual money from the system is counter productive to that end.
Which blanket statement are you referring to, exactly?
That raising taxes has a negative impact on the economy? There is little question about that and I stand by it. Pretty much every economist in the world is with me on that.
That tax receipts have historically been stable around 18% of GDP since the early sixties? True story. Verifiable. Look it up.
That government spends money stupidly? There is absolutely no question about that. You don't seem to be disputing that.
That the government does not have a revenue problem? I stand by this too. Otherwise it wouldn't be spending money on the stupid crap I pointed out to you.
You are correct that the government should reconsider how it spends money. How is raising the debt ceiling an incentive for the government to reconsider the many things it screws up on when it comes to spending? The only incentive to prioritize government spending is the debt ceiling.
Let's go back to when our economy had actually a surplus. Let's see, that's when George W took office. He inherited an economically healthy USA (which got that way under one of those leftist, socialistic/communistic, pinko types, BRUUHH!!). But, true to his stupidity, George W (with the help of the Hitler-wanna-be, Chaney) quickly surmised that the best way to fix the economy (What is it Broken??) was to enact tax cuts and start a war with IRAQ (I'll grant that the war in Afghanistan was necessary) just to punish Sadam, who was making fun of his daddy.
As the economy improved (at least that's how George W. saw it), the debt ceiling was raised and the economy kept improving--after all, he did cut taxes! As the economy continued to improve, the unemployment rate started to increase. In the eyes of George W., that was a good thing. We'll just raise the debt ceiling again and the economy will keep improving. How do we expedite this economic improvement you ask? Why we'll shrink Government. We will deregulate the banking and housing industry. We will also deregulate Wall Street. Lesser Government is good for the economy. Thus, the economy will keep improving. And the unemployment rate kept rising. The Maddox types started to flourish--scheming brokers and bankers were free to help the economy grow. Bankers and brokers, left to themselves started to play "line my pockets" with bogus loans. And the economy kept improving. Unethical behavior was the order of the day at Wall Street, after all, with no regulatory Government to get in the way, all the selfish brokers were free to help the economy grow, RIGHT!?
After eight years of the economy growing, someone whispered into George W's ear that if he didn't get his head out of his a$$, the economy was going to tank, worst than it did in the 1930s. But how can this be? After all, he cut taxes, he deregulated all of those industries, he shrank Government. I know! Let's raise the debt ceiling again—that always seems to work. However, the little birdie once again whispered in George's ear: If you don't do something to stimulate this economy, the entire country is toast!! So George W, true to his less-Government belief, imitated the biggest subsidies programs since the Great Depression. Remember that this is a conservative president that doesn't believe in Government intervention. Since it took eight years for Mr. Bush to grow the economy to the point of complete melt-down (an economy that went from a surplus to a deficit of over $10T) he could not stick around to execute on his subsidies programs. That was left to the poor Socialist/Communist that came after him. This poor schmuck gets stuck with all the work and all the blame of trying to reverse all of that economic growth brought about by eight year of incompetent economic policies under George W—the hero of the religious, right (remember, George W spoke directly to God!).
So, this new socialist/communist president begins to execute on the programs that George W initiated and immediately, those of narrow mind and short memory place all the blame on him. Since this new socialist/communist type didn't speak directly to God, he is worthless, and therefore deserves all the wrath of the true believers. Now how do help this worthless socialist/communist solve our problems?! Let's send to congress more of the religious, right wing nut jobs (that don't know beans about economic policies or how to run a Government) so they can stall any and all attempts at resolving our problems. First and foremost, no reversing of George's tax reductions—after all it was those tax reductions that got us into our current, great economic situation. We must continue that process. Second, no raising of the debt limit. George W raised it enough times such that we no longer need to do it. Third, we must reduce Government further by removing all regulatory agencies that serve no purpose other than to stop those bankers, CEOs, brokers, etc., from helping themselves, err, helping the economy grow. Fourth, let's eliminate Government control of Social Security and Medicare. These programs need to be under the control of the bankers and Wall Street types who will see to it that the funds are around for their benefit, as they grow older—line their pockets. And last but not least, let's reduce Government by enacting laws that prohibit abortions, gay marriages, collective bargaining, and any other civil right that hinders the economic growth. SMALLER GOVT, After ALL!
So, have I missed anything is my short summation of where we are and how we got here?
We can start with this one-
"Now we're getting somewhere!
Where do you suppose they get the money to buy all those goods and services?
It is not taking money out of the economy to let Americans spend that money for themselves."
As I've already pointed out, private citizen do not take on public projects.
And this one-
"That raising taxes has a negative impact on the economy? There is little question about that and I stand by it. Pretty much every economist in the world is with me on that."
Taxes were raised during both the Reagan and Clinton administrations. Several times. Our economy was doing pretty well then.
And this-
"That tax receipts have historically been stable around 18% of GDP since the early sixties? True story. Verifiable. Look it up."
As an average that's true. But at this point in time, the one that matters today, it stands at about 14-15%. True story. Look it up.
"How is raising the debt ceiling an incentive for the government to reconsider the many things it screws up on when it comes to spending?"
One has nothing to do with the other. Not raising the debt limit will in no way lower the amount we now owe. That amount is the only thing the debt limit addresses.
Nice rant, confused. Feel better? If you want to gripe and complain, by all means feel free. Lord knows there is plenty to gripe about. But aside from showing us in a most verbose fashion that you've mastered a juvenile skill that any five year old can master, you haven't contributed to finding a solution.
The W administration is why I no longer self-identify as a republican. He dropped the ball with regard to debt and deficits, in my opinion.
But then Obama picked up that ball and ran in the wrong direction, making the problems he inherited much, MUCH worse. So this economic mess we're in is HIS baby. Since he doesn't seem to have any ideas of his own, do you have any? I'm sure he'd love to hear them.
We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you).
Anyone who says different is selling you ocean front property in the desert.
We've had income tax rates almost as high as 90% for those in the top brackets at times in our history. The economy did very well at those rates, so I doubt making the wealthy pay 5% more in taxes now is going do bankrupt them.
A 45% income tax rate no BS loopholes allowed) on all income over $500,000 or maybe over $1,000,000, is fair.
Capital gains taxes(on wealth not earned thru actual work) should be anywhere from 21%-25%.
If your deceased relative passes a house to you, and you decide to live there, then no capital gains should be imposed.
If you already own and live in a home, and you are going to sell or rent out your inherited property for a profit, then you should be taxed on the profit.
You are correct, private citizens don't take on public projects. But they still spend money. So leaving more money in an American's pocket for him to spend to meet his needs is no less spent than if the government takes it and spends it on a shrimp-on-a-treadmill experiment. So that money wasn't taken from the economy, as you suggest, because the government didn't spend it.
So tax receipts are currently at 14% of GDP. There are lots of reasons, I think, that equity capital that would otherwise be invested in economic growth is currently sidelined (our president's economic policies is chief among them). But tell me how raising tax rates will grow that! Show me something other that an anecdotal "well we seemed to be doing okay under Clinton". Point me to the reputable school of economic thought that says raising tax rates is the way to stimulate growth. You will not find it.
The amount you say we "owe" refers to the amounts the government has already budgeted for shrimp-on-the-treadmill studies in the immediate future. That's spending that can be cut without raising the debt ceiling. We currently collect ten times more revenue than we need to pay our debt service obligations. The amount the federal government takes in on a monthly basis is about $200 billion dollars. Debt payments are $15-20 billion per month. That leaves $180 billion dollars per month to fund the rest of the government's priorities. That is available to fund entitlements and the military and infrastructure. Raising the debt ceiling just gives the government more cash to spend on crap it shouldn't be spending money on in the first place.
@Lobo, that's what I'm saying. Despite a tax rate of 90%, tax receipts were still about 18% of GDP. Pay attention.
Did you know that the 2nd highest tax revenues in a month were collected in April of 2006? That was up over 13% from 2005. That's the 2nd highest monthly tax revenue in HISTORY! Refresh my memory, what was going on then? Bush tax cuts from 2001 and 2003. True story. Look it up.
Your idea of "fair" taxation is amusing. To paraphrase: raise somebody ELSE's taxes to fund YOUR priorities. It's the economic theory of looters and thieves.
Paul...Not a good example. Because that highest in history revenue ended with a 2008 bailout to the financial and mortgaging industries. You want to explain how that historical collection of revenue was supposed to remain intact when money for Iraq was hemorraghing from the federal revenues? Bush and Cheney used a lot of double talk to make it appear that their policies were not benefitting their own 2 states more than the other 48.
Your ideas of raising taxes are to allow corporations to be tax free and then allow them to dump costs of their oil spills on the rest of us. That is why Bush manipulated that historical collection of revenue...he knew exactly what he was going to do...bailout Big Oil by dumping 50% of that Valdez spill on individual taxpayers.
Your idea of taking from the weakest segment of the population to keep the rich richer is why we are in the mess we are in. The rich DO NOT SHARE YOUR WEALTH OR FOR THAT MATTER EVEN BOTH TO PUT BACK ALL OF THE REVENUES THEY TAKE FROM THE FEDERAL KITTY. Got that now?
I disagree, @ewent, it's a perfect example! It's a glowing example of how lowering tax rates increases tax revenue. Your comically ill-informed rant is apparently a transparent, an unsuccessful attempt to distract from this fact.
You appear to be making facts up to support your ridiculous position, and mis-characterizing mine. There is nothing in my posts that would suggest to a reasoning person that I think corporations should be tax-free.
You obviously don't know how corporate taxes work, so let me try and educate you. I'll try to use short sentences and stay away from big words.
Corporate income is taxed multiple times. It is taxed once at the corporate level (the U.S. currently has the second highest corporate tax rate in the world). Then it is taxed again when it is distributed to shareholders. Then it is taxed a third time in the form of capital gains taxes on increases in shareholder value. Corporations are responsible for a LOT of tax revenue.
You have obviously been convinced by your handlers on the left who have been doing all your thinking for you that corporations are the boogeyman. Nothing could be further from the truth. Corporations are of great benefit to the societies in which they operate.
Incidentally, the rich created their wealth. I don't expect them to 'share' it with me. I don't want them to share it with me. I prefer to create my own wealth. I am fortunate to live in the U.S. where free enterprise and a market economy makes this possible. You are free to participate as well.
Maybe if you put half the energy you seem to put into crafting non-sensical vine comments into creating wealth for yourself, you'd understand and be that much better off. Please do! The only people who will resent you for it are small, angry, pitiful people who lacked the courage to pursue it for themselves.
Looking at the list, why do I get the feeling that the contents are being twisted so they sound worse that they are?
For example, consider the case of number #1. A huge amount of data that can sometimes model real life in surprising ways (Google: The Corrupted Blood Incident).
How DARE they spend our money studying it to see if businesses can be made more competitive!
I'd prefer businesses initiate and fund their own studies on how to be more competitive and leave the government out of it. Government has no business spending money on this stuff. The private sector can and should do it. They can do it better.
Why bother Boehner. You know it's dead on arrival in the Senate. You just wasted 3 days of the American people's time. Besides, everyone knows you spent 3 days tweaking the bill to the tea baggers liking. So, this is a bill for the tea party, right? You want 80 or so Freshman Representatives to set policy for the country, right?
That's why its dead as soon as you pass it. The blame game you're going to play after the Senate kills it won't work. All the polls are against you. The majority of Americans believe Obama's the closest thing to an adult here, not you or the tea party. They will think that even more next week when he pulls out the 14th ammendment when the shi.. hits the fan.
He's stupid. He is blind leading the stupid and blind
That is just crap!! It appears that the only person working at all is Mr. Boehner. Sure, he was trying to get the Tea Party to endorse his bill. Sure he was working to put something on the table that he thought might get passed. At least he was working toward a solution. The Democrats haven't put forth a single piece of legislation. They just wait for the Republicans to put something on the table and then vilify it. What has anyone done for the American public? Get off of Boehner's case. He is, at least, trying to move the extremists of his party. While our President has now sat back and thrown insults whenever he can in order to make himself look better. His big concern is that nothing disrupts his campaign next year. Yeah, that should be our priority right now--for sure.
Having blind in your name only proves my point. Boner is stupid. The teabaggers are worse. They are sinking this great nation
Color, the Dems have put forth several proposals and the President was trying very hard to broker a deal. The TP/GOP wants it all even if it means throwing the economy to the wolves. In fact, a double dip reccession would help their cause in 2012 as they think Obama would get the blame. What the hell kind of partiotic person wrecks the economy to get reelected? Beohner is in a tough spot, he has the job of trying to get a childish, unreasonable buch of TP people to put their personal ambitions aside to help the country.
In my opinion, they would get a lot more support if they came up with a great bargain that really helps the economy. Alas, I think it won't happen.
kem...I am not a Republican, but I can assure you that Mr. Boehner is not stupid nor are the Tea Party. The Tea Party are extremist and are misguided for certain. Boehner is a very capable man....He just is having a hell of a time being placed between a rock and a hard place. At least he is putting out some work product. I don't think much of the plan either, but it would stop this crisis. Your efforts certainly aren't accomplishing anything...."Having blind in your name only proves my point." What is that crap? Helpful to be sure.....
@jerryk1 (any others on the 14th amendment argument) - I'm curious where in the 14th amendment does it allow the president to do anything? Sec 5 reads very clearly that "The CONGRESS shall have power to enforce, by appropriate legislation, the provisions of THIS article". Congress = (Senate + House), no? Last time I checked this does NOT include the president, so I'm really not sure what all this babble is about. To me it can't be any more clear. Please show me (in the 14 amendment) where it says the president can do anything, or discontinue the spread of this nonsense.
the president should have invoked the 14th ammendment about 6 weeks ago. he is justified to make an executive decision in this matter due to a clause put in the constitution back in the civil war era. Mr. President if you want to retain a positive leadership role, then it is time for you to step up and take charge of it. anything less, and you are failing your duties to protect and defend the constitution of the United States of America
Ok Thinker....You are right. I am naive, a fool, and just plain wrong. They are all stupid because of their religious beliefs. I am stupid because I am tired of all the saber rattling and chest pounding. You are the one and only wise and knowing person on the planet and those that disagree with you are not worth hearing or even taking up oxygen. Ok...Thinker...You be right. It just isn't that important to me to be right. I would rather be successful...wow...how stupid is that, huh?
All right, all you democRATS - kool aid is about to run out and you will have to wake up to reality. What are you going to do once you run out of other people's money???
So glad people applaud the President. Oh yes Mr. President. Please, continue to raise the debt ceiling and break our nation further. I have not seen one President say, no, we got ourselves into this mess and we'll have to get out by feeling the crunch. Stop increasing our national debt and claim you're going to cut spending by x amount because the next budget meeting you'll be upping the debt again.
I want them all out of office. But sadly we only have another round of money hungry, only care about themselves people waiting eagerly to take their spots!
It's too bad our President is a black man, because I believe that is what is driving 50% of this mess. Any other WHITE guy and we wouldn't even be here. Closet hyprcrytes! I voted for him and I am white.
What proposal have the democrats made? Not one bill has been brought out in the senate to be voted on. Imaginary numbers cannot be considered a plan. The house and senate should each be working on and passing their own bills. Once they are passed they should be compared and then negotiations should begin.
The fact that the debt needed to be raised should have been clear over a year ago. Why did the democrats not resolve this issue when they had complete control of all three parts of the government?
You can attack the tea party all you want, Obama and the democrats could not make a budget when they had full control of the government, how can you expect them to make a reasonable plan for fixing spending in general?
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
PJam, you know what the problem is with that statement though? There is no one Repub candidate that all Republicans will vote for. Mr. Generic is a fantasy right now and so far I see no contenders that will fill that spot.
Also his ratings are low for the same reason Clinton's were. We're at the precipice of a canyon and we have just a few days too keep the country from taking the plunge. Take a look at congress' ratings, I bet the are in the negatives by now.
I think "Mr. Generic" would be Jon Huntsman, Jr. He's smooth, calm, cool, results-oriented, smart, experienced, capable, and businesslike. He's also pretty boring, but a boring and non-offensive pragmatic candidate can probably beat out an unpopular ideologue.
It is not a waste of time. If Reid doesn't like the bill all he has to do is have debate on it, make ammendmants to the things he doesn't like, and send it back to the house. He has tabled 3 pieces of major spending legislation this year. That's right home gamers ...no discussion, no ammendmants... nothing.
All i hear they are against is the timeline, not numbers. Make the darn change in the bill with an ammendmant and send it back to the house. It aint that hard.
All we have heard is vague proposals from the dems so far. NOTHING in writing. NO bill. Had 3 bills in front of them they won't even dicuss. This is from the people that accuse others of "party of no".
kemetstry,
" Boner is stupid."
Children would use such words as you did for Boehners' name. And bold type just denotes yelling.
Excellent choices.
That's right, Boehner is having a hell of a time. But, instead of trying to placate the tea party nuts, why doesn't he spend time crafting a bill that can get the support of Democrats in the House? Then, he can tell the tea baggers to go to hell.
Craft a bill that can get support of Democrats??? You cant be serious...that would have to contain "there will be no limits on spending and debt"..Only then would Reid and Obama be happy....
Seth - Huntsman doesn't have a snowball's chance in hell of making it through the Republican primaries. They're going to give you Palin2 and then you'll have to make your choice.
Speaking of Palin, where did Caribou Barbie go?
Boehner has now put forth two debt ceiling bills which are both ridiculous if for nothing else than the "poison pill" "balanced budget amendment" clause.
Even McCain said this was crazy to tie to the debt ceiling.
People think that a balanced budget amendment sounds like a good idea and it could potentially be if properly drafted, however, it really doesn't belong in the Constitution because it really has nothing to do with rights. And more importantly, it shouldn't be tied to the debt ceiling.
Here's the thing. The two bills freeze the debt ceiling until a balanced budget amendment is passed. To submit an Amendment to the States, it must first be drafted and approved by 2/3rds majorities of both houses. There is no way that will happen. And then to be ratified, assuming it somehow got the Congressional approval, it takes 2/3rds of all the States to approve it through the ratification process. Now if that isn't ridiculous enough, they specified certain aspects of the Amendment that would be have to be satisfied in order for the freeze to be lifted.
Here is the real danger of such an Amendment as specified in these bills. This would require 2/3rds of both houses to approve any debt ceiling increase. There are 535 members of Congress. 435 in the House and 100 in the Senate. So just over 1/3rd of either house could stop a debt ceiling increase and fundamentally destroy the country through default.
As few as 34 Congressmen could sabotage the government or use the debt ceiling as a hostage. (34 Senators or 146 Representatives). Today it takes a simple majority and we can't even make that work as a larger number, 218 are holding the government hostage. This would give a small minority unprecidented power to essentially overthrow the government and/or "overturn" laws that had long since been put into place by the normal legislative majority process. By eliminating funding, which is what this ultimately does, you can cancel out many existing policies without even having a majority to repeal them. This is extremely dangerous and runs absolutely counter to the principles of how the legislature works.
This would create "minority rules". Most people don't realize this and think a balanced budget sounds like a good thing, but in reality, it is being used as a ruse to change the entire process. I can assure you that some people know very well what this would do and that's why they are pushing it. And others know full well the potential dangers of it and that's why they oppose it. Wise up America, things are not what they seem. There are consequences you haven't considered. The Amendments described in these two bills much never pass as they would change everything in a most destructive way. And the two bills would have immediately accomplished the freeze unless everybody could be blackmailed into passing the Amendments. They needed to fail and anybody who voted for them is either too stupid to understand or they are part of a conspiracy to overthrow the government.
Don't believe it? Go read the language in the bill. It is very complex, deceptive legal speak, but if you read it very carefully, you will see in fact what it really means.
JA: You need to pay attention better. What the bill needs to get democratic support is revenue increases. But of course the repubs put a pledge to Norquist over the pledge to Americans.
anyone with any sense knows that tax increases would be but a very small few percentage points in this problem....They are just a diversion from reality....they are the excuse to not work on the actual problem....shift the blame...we will not face the facts....and the liberals could spend that money and more with no concience....
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
http://money.cnn.com/2011/07/29/news/economy/debt_ceiling_reid_boehner/index.htm?hpt=hp_t2
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
Reid is a coc* *ucker
But if the Jones family ran up that debt because one of them stopped working and cut their income in half, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by putting the other party back to work?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
they continue to say don't tax us because we are the job providers in this country==really== i have called in to pay bills and have found that the jobs have been given to other countries tXU electric South America - credit cardcompanies India No wonder this country isgetting poorer and their is no jobs these people that refuse to pay their fair share of taxes has sent all the job to other countries--WE HAVE BEEN OUTSOURCED
So you think its smart to start slashing programs when the uneployment rate is sky high and people are needing social services to survive?? If the republicans worked on jobs bills like they promised when they ran for election then people could get back to work and ..guess what??...wait..wait...YES..they start paying taxes again ..which does what???? creates revenue...but you no what? republicans are too stupid to realise they got their priorities all wrong or they simply dont give a crap about people working. They would rather gut the country the rest of the way, pollute our air and water so business doesnt have to be responsible for where their waste goes, and have us all living on the streets. Who will pay taxes then huh??? talk about stupid as well as being liars!
It disqusts me how they sit up in their ivory towers and talk about how they care about their kids futures..what a load...the minute they swore allegiance to Grover Norquist they became traitors because they put their priorites above the country and the people they were elected to represent.
I will not vote to elect anyone who gives into anything short of:
** increasing taxes on the wealthy....they got wealthy off the little people who are suffering from the greed & courruption of the wealthy & corporate conglomerates.
I will not vote to elect anyone who takes one penny away from entitlements.....the middle class is struggling day to day to hang on & the poor & the middle class & our senior citizens are suffering on a daily basis becasue of the greed & the corruption of the wealthy & the corporate conglomerates & the jackass politicians who serve them.
.
Clearly compromise is in site on the Deficit Cap debate, now 72 hours from "D" Day.
Enough consensus in the House means the Boehner bill. There are 8 votes of slack. "Leadership" means count on the Boehner bill at this point.
The Leaders could try to reach across the aisle in the House. They risk losing more House Republicans than what they will gain in House Democrats no matter how they frame it. They could end up with a 44 vote deficit in the House as with Cut, Cap, and Balance, in an eyelash.
I think they should take what they’ve got, the Boehner bill. A bird in the hand is worth 2 in the bush.
Who cares anymore. Wake me when this crap is over.
edinflorida,
This is your wake up call. You will report to People's Work Camp #13 at 6:00 a.m.
If you do not report, the First Offense is punishable by anal probing by bayonnet. The Second Offense is public execution by anal probing with a larger bayonnet.
LMAO Bill Marvell !!! That was funny!!
Who else wants to know why Mr. Bush was able to raise the debt ceiling 7 times during his administration without causing the country to divide?
Oh yeah. . . . the Tea Party. Thanks alot idiots!!!
Do you all know that the only country in the world with a "debt ceiling" is the U.S.? Other countries just live up to their obligations because they said they would (or go down like Greece. . .)
Rome fell. Japan fell. Germany fell. Russia fell. Do you see where we're headed, Tea Party????
This is basically the same plan that the GOP walked out on before, twice. The only difference is the cuts in two segments, if the House GOP are stupid enough to fillibuster or vote it down, then this will show the GOP are really @!$%#ed up. It is a very good plan. Reid is trying to make the cuts in Defense because the troops are starting to come home, the Defense has a lot of waste in it. The GOP will continue to hold Norquist Higher than the People and the Country. This is the fault of the GOP but Mostly the Tea party. I have a lists if you want to call them.
Thank you MJL-3
This thread is looking like the negociations in DC, Close everything you don't agree with. On here if I think differently then you then you ,I MUST be wrong ( sarc,) and you will close down the comment and that of everyone elses tied to mine. Great country we have going for ourselves.
The Dems put country first while the baggerloon roll around on the floor in a tantrum holding a can of lighter fluid with the top off. Now granted I would love for the Dems to take strap and swing it across their A%#es until sparks fly but that would set the F&^%king whole house on fire with the country in it. But stand by for news, the American people will have something special waiting for the Bagger/Rebub electorate real soon.
Watching the Republicans trying to balance a budget on the backs of the elderly is sickening.
America has the largest wealth inequality in the entire world. Also, the lowest taxes on the wealthy since before the "Great Depression." That is why our country is heading for (if not already there) a repeat of the '30's.
Average Americans must ban together and demand their fair share. We need to reinstate the same protections that were passed to control corporate (Robber Baron) greed which helped to end the "Depression."
America needs to have "Fair Trade" not "Free Trade" so that we can compete globally. Our 40 years of stagnant wages, exponentially rising health care and commodity prices, have created a class of impoverished people who were once middle class. This class is expanding while the small percentage of wealthy Americans increase their wealth obscenely. As long as this economic inequality persists, our nation will continue to decline.
This "Debt Ceiling" crisis, IMO, should have been fixed with tax increases (actually, recalling the tax cuts for the wealthy) instead of cutting medical services for the elderly. Imagine if we would have rescinded the long standing tradition of being the only nation worldwide, that does not bargain with pharmaceutical companies for the price of medicines. That move alone, would have freed up trillions of dollars in our budget without hurting (just the opposite), the poor and working class. Also, we can save trillion$ more by implementing universal health care, therefore removing "for profit insurance" as every civilized nation in the world has. Unfortunately, our politicians are corporate owned (mostly) and refuse to do anything that would affect corporate profits, even if it means saving the middle class.
"All the polls are against you". "The majority of Americans believe Obama's the closest thing to an adult here,"
What fantasy world are you living in?
"The non-partisan Congressional Budget Office has estimated that the Reid proposal would reduce deficits by about $2.2 trillion over 10 years,"
It's really only $1 Trillion over 10 years, since the other $1.2 Trillion is an 'assumption' that the wars will end soon. Whether they end or not, that is not a REAL cut in spending, because no future Congress will be bound by what Harry Reid says today.
Since Obama's budget projections call for more than $47 Trillion in spending over the next 10 years, that $1 Trillion 'cut' amounts to only a 2.1% cut in spending.
Whoopdedo.
Obama has divided us and put us in extreme debt and added more regulations than businesses can deal with hence...no jobs. We are in a downward spiral because nobody is hiring. Maybe that's what Obama wants so he can collapse the economy and remake it as he wants. Originally I thought he might be one for the people, but I was wrong...and so were a lot of others.
Jerry, the problem with most Obama supporters is they have never read the Constitution and have absolutely no idea what it stands for and how Obama has tried to destroy it and make himself King. I've had my fingers crossed the whole time that he would try that so we could get rid of him incompetence or destructiveness before 2012.
And Weef, the polls on MSNBC are a total joke since this is where the majority of posts by Obama "volunteers" manning the computers are told to post.
When the rest of us are smart enough to catch on, the screen names stop being so military and/or medical and start being things like family member i.e. mom.
A total farce and far too obvious.
I agree and the elderly had better get a clear understanding as to the current vision of the Bagger/Rebub party and recognize that it is their best interest to vote with the part that is standing in the Gap for them against the loons.
Really?? Such "head in the sand" reactions of the left,left,left!!! I am more of a "common sense" political party. The far right and the far left are really out there. What I find amusing is that dems are waving the Obama flag and saying how glorious it has been. You are the ones running blind. Of course, this has always been the case. All the finger pointing in the world does not come close to righting this out of control ship called "America". There is a middle ground, but considering the political climate at the moment, I doubt we will get there anytime soon. Why is it that we must exhume the previous party and parade the "blame and insults" for all to see?
When I hear the dems talking about how great Obama is, I can't help but wonder why? What has he done that is so great? Small business is in the toilet. Unemployment is so rampant that we can't even affix a real percentage to it. Small business is what kept the lower to middle class able to even come close to tasting the so called "American Dream". Nafta drove a stake through the heart of these people. This of course was signed under the watch of Bill Clinton( a dem as you well know). I'm afraid to even look up what our dollar is actually worth at this point and time. I have news for you. This partisan warfare is killing us. We must not forget the lower to middle class. We don't need handouts or an out of control, monetary printing press. We need our jobs back. I really feel that no matter what "party" you belong too, it is time for the wealthier citizens to think long and hard how they could help by investment in the future of America. All the bickering that goes on is just digging a deeper hole for us. I will submit to you that we don't need China to make most everything produced. Bring the jobs home. I feel that this is our only shot at redemption. And please, no insults such as "socialist" are necessary.
and of course in your world, the economy and just about every other problem you list began just 3 years ago -- You're ready to declare the death of America (you have no clue about this country) and yet you insist your name calling isn't really name calling--it's a plea for bipartisanship.
Lead, follow or for pete's sake...get out of the way.
I continue to read posts from supporters of the democrates and have to wonder if they really know what is going on in this country or if they simply want to bring up "talking points" trying to make republicans look bad.
One of the things people keep talking about in this thread are corporate taxes. The dem supporters here keep saying; "it isn't fair that the corp's don't pay more".
Okay, let them pay. Put out a bill that restructures taxes so that all corp's pay substantially more. On the surface, that sounds great. But the reality would be quite different.
First of all I believe that most people here are mad. No matter what changes are made on their behalf, they want more. When they don't get it, they act like spoiled children and scream that others need to pay more so they feel the same pain. Taxes are far lower now than ever have been; for everyone (indiv/corps alike).
You want corporations to pay more? Tired of not having jobs putting a drain on the economy? Just wait. If corporations have to pay more taxes and the government continues to put more restrictions on them in the name of "green", we will all see a monumental shift downward as never seen before. We will be looking at where we are today as "the good 'ol days" in ten years or less. Do you think corps will just adsorb the loss because of new taxes? If so you probably still believe in the Easter Bunny. They will as always raise the cost of goods IF they stay here and make things in America.
Corporations have moved many manufacturing jobs to China, Mexico and other places. They have moved office and support jobs to India and other places. Why? Because labor is cheap and they don't have to pay for the overburdening restrictions our government places on them. What will happen when they move the rest of their opperations overseas? How many more jobs will be lost?
Massive restrictions to help with cleaner air, water and renewable resources are all good. But they are good if everyone on planet earth played by the same rules; and we don't. While our lawmakers make more restrictive laws in this area, little is done anywhere else on the planet. One of the biggest examples is: (spell it out everyone) C-H-I-N-A. They are polluting the air with no regard. We all breathe the same air. The atmosphere doesn't care where pollution came from, it is simply the atmosphere as a result of everything going on in the world.
CA is a prime example of democratic controlled rule. They go to great lengths to be the first, the most innovated, always wanting every other state to follow their lead. In this decade, the state has lost over 1/3 of it's business base. The state has one of the highest unemployment rates in the nation as a result. Simple math: less business, less opportunity to work. They can't pay their bills with what they take in, so they borrow from the feds. They are cutting public jobs to make ends meet. Problem is, public jobs are union jobs, so, the first one in is the last to leave. So the people earning the most are still there, so they have to cut far more jobs to get to where they want/need to be. Ca Universities are strapped because of cuts, so they raise the tuition (twice this year for an increase over 21%). At the same time the new president of San Diego State U takes the job at a $400,000 annual salary! An increase over the former president who had been there for years. Then they decide to make Amazon charge taxes to CA residents even though they don't operate a brick and mortar structure here. So, what does Amazon do? They prohibit people from CA to sell through them. The result? More people out of work and/or taking a loss in income. Our government and it's citizens need to realize that there will be consequences to their greedy ill-thought out, well intentioned-ill-conceived laws and we will be the ones who suffer.
Ap, you just proved my point in fine fashion. I'm afraid that is the problem. The jobless have gotten out of your way !! I did not declare death on the country that I served militarily. I have no clue about this country?? That's absurd and typical partisan attack rhetoric. How is recognizing the TRUE ramifications from a depleted dollar, millions jobless and the need to bolster American production and export even close to name calling?? I resent your words and would venture to guess that you are the clueless one. Have a nice day "all knowing one" that you are.
The big spenders and the mega companies are in the Bagger/Repub tent why don't they convene a meeting as ask them why they have all pulled their manufacturing and job overseas? Oh they will say unions is the cause but and baggers can promise them free access to American workers without the dreaded unions and they still won't do it. They can even promise to deregulate what ever industry their a part of and allow them to pollute and kill workers with impunity and they still won't come home. Heck they could even allow them discriminate in hiring and pay the same pea nut wages they do overseas and that won't bring the businesses home either. The fact of the matter is these companies have grown accustomed to exploiting the workers and governments of these developing countries so much until it would hurt their bottom line to set up in a country such America that is unless they can find a political party willing to turn back the clock on the the 20th century. And by George I think they may have found that ilk in the Bagger/Rebubs.
Found this in the morning paper...the Orlando Sentinel..on page A20....written in 1984 by Charley Reese...goes like this
"why do we have deficits? Don't you all see , this is a con job played on the people of this country. If we are fighting wars anywhere..it is because they want it. If the budget is in the red.., its because congress wants it that way. If the tax code is unfair..it is because the congress wants it that way. If both the democrates and the republicans were against deficits..then why do we have deficits? "
..Now, consider just who benefits from al the cuts that both parties are now after, reguardless of what they claim....the middle class..no! Those on social security, on medicaid or medicare ? Only congress and its wealthy friends. HAve either party done anything that would create jobs? Have they done anything that would bring manufactureing back to the USA? Consider...the debt we have today would almost go away if...we put back to work the over 2 millions put out of work by our politicans...with their trade deals that were claimed to bring jobs to the USA..well....where are they. ? Not a single politican from either party talks about this..not one. The real reason all income to the treasury is low is because of the huge loss of jobs..that now, no one, including politicans focus's on.
Inthemiddle, that was very well put and on the money(pardon the pun). If we don't pay more attention to domestic policy and find a way to bolster our economy through new jobs and export, we are in grave danger of maintaining our society. It is a simple plan, but pork and special interest groups make it near immpossible at times.
My only suggesting is if you "Throw all the bums out" please vet the replacements for some level of intelligence and reason and for goodness sake if they sign a pledge run like the wind!
I concur Ivan !!
MSNBC: It would require an initial round of $1 trillion in deficit reduction, mostly or entirely coming from spending cuts, followed by work by a special congressional committee to recommend even deeper deficit reduction which would be achieved, said Plouffe, through "entitlement reform and tax reform."
He said the committee would be mandated to recommend specific spending cuts, but it "is not going to be charged with just doing spending cuts only. The committee is going to be charged looking at our entire deficit reduction problem and look at things like tax reform and revenue."
Future cuts in entitlements?
It was not clear from his remarks by how much the three major entitlement programs, Social Security, Medicaid, and Medicare, might be reduced.
That new congressional committee would be under the pressure of what Plouffe called "an enforcement mechanism"— "you want something to compel this committee to act.
So the president bent us all over the barrel again.
Massive cuts to social spending that will drastically effect health and safety of millions of poor and middle class americans but no tax increases on the wealthy and not even a promise to make corporations pay taxes (60% of them don't).
Progressives are even more stupid than the Tea Party people.
No matter how much Obama and the Democrats stab them in the back they ignore it and blame the Republicans (who are corrupt puppets of Wall Street and big business just like the Democrats).
At least you can say that the Tea Party people demand that their politicians don't kick them in the teeth as soon as they are elected and do roughly what they want.
Progressives don't even do that.
Progressives just care that their candidates have a university degree, appear sophisticated and speak in complete sentences.
It's called Identity Politics, a modern, western form of tribalism. People vote for candidates they perceive as belonging to their own demographic or group (tribe).
That @!$%# Bill Marr is a good example.
Even though Obama flipped off progressives as soon as he got into office and went Right wing (sometimes further Right than the Republicans) when asked by Piers Morgan what he thought of the President, Marr, supposedly a Progressive, replied something like: "Well you gotta love him. I mean he's speaks well and has an educated background....etc, etc."
The real left is not allowed on TV, not even on Satellite/Pay Per View or the corporate media generally.
The only thing you get are fake progressives like Marr and centerist, or more commonly, center Right people who are designated "Left" by the media.
They are to the Left of the extreme right wingers who's ideas are now considered "mainstream" in the media so they are designated as being the "Left".
From all the posts I've read, it seems many of you have forgotten two very important details: 1) President Clinton came in on the heels of George Bush Sr. trying to clean up his crap, 2) President Obama on the heels of his son. Is it just me or is anyone noticing a trend here? Republicans get in office, screw things up, and Democrats (the visionaries many of them seem to be) make these unrealistic promises, no matter how good their intentions, which when they cannot deliver on, understandably upsets the public, setting the path for the next Republican candidate becoming scapegoats along the way; a very vicious cycle.
For all of you history buffs, if you thoroughly read the US Constitution written by our great forefathers, you will come to realize it was written to ensure a minority of the population experience true wealth, part of it some wealth, about a 40-50% middle class (worker bees), and a small minority would need the welfare systems, etc. One thing I'm sure they did not consider is that it was only them writing the constitution, that the US government would eventually grow to become a machine dominated by many who value money above anything else. Couple that with no strong encouragement (i.e. continuous, specific monetary ramifications for committing legal tax evasion), the machine has gotten out of control (Frankenstein if I may). The end results, a huge increase of outsourcing (which has been going on for many many years), and fewer and fewer bee hives for the workers to work out of, no wonder why our economy has gone to hell and is getting worse each day. Yet, these same money hungy scoundrels want to make me feel guilty for wanting to cash in on the social security, etc. that is taken out of, and has been taken out of my paycheck for many, many years. I can't imagine many people would make their mortgage payment for 30 years on time month after month, to find out that after the 360 months of doing so, they didn't own their house, then take the news with a smile and a "thank you, no problem".
The fact of the matter is the tea party wants to ensure the rich get richer, and could care less about the poor, something that shouldn't be surprising, given the fact that one thing they have beenpretty upfront about is the fact that they love their money. Not an attack on them because I feel all of governmental parties have faults, just something to chuckle about and embrace as a citizen of the great United States of America.
PegM,
You do realize that the Tea Party didn't exist during the Bush years, right? No, probably not.
Which means you also don't realize that the Tea Party was born as a movement against the extreme spending by Demnocrats under Obama's watch.
Gagagirl,
Would you like to explain why the spending has increased by 25% over the past two years?
Would you care to explain why the debt has grown as much under Obama in two and half years as it did under Bush in eight years?
And how this could possibly happen with the fiscally responsible Demnocrats in charge? Couldn't be a $900B porkulus plan that was supposed to keep unemployment under 8% as a starting point could it?
So yes, it is time to throw the Obummer out. It's been his policies as dicated by Pelosi and Reid that have gotten us where we are. And it has been man child attitude that have kept the debt talks going as long as they have.
Montom,
You should really read the 14th amendment to the constitution. I have and unless I have an abridged version there is nothing in it that would suggest the president has the power to do anything in this situation. The only people with the ability to spend money on behalf of this country are elected to congress. Unfortunately the man child Obama holds Reid's leash and that has prevented the Senate from doing anything useful so far. Quotation of the appropriate section below -
"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. The Congress shall have power to enforce, by appropriate legislation, the provisions of this article."
Sparky,
You are right, Obama can not use the 14th ammendment to borrow money for any new expenses; he can however borrow money to pay off any debts that congress has already authorized. So he has a means to keep the government going, pay authorized debts, and payout medicare and social security claims. This essentially will force him to work almost within a balanced budget scenario. He would not be able to borrow for any new items - no more discretionary spending on his part as well. Unfortunately for the President, he has not gotten a budget through congress in 3 years so who knows where all of the debt that he's run up in that time falls.
Brace yourself America
In collaboration with the other corporate backed party, The Republicans, the current Sociopath In Chief, the right-wing Barrack Obama (and the leadership of the Democratic Party), is about to administer a knife in the back of the U.S. public (excluding the Rich of course) that will live in infamy with, and may eclipse, Bill "I feel your pain" Clinton's ramming through and signing of NAFTA and the Financial Modernization Act that liberated the criminals on Wall Street to swindle the economy off of a cliff in 2008.
And this with the indispensable assistance of the corporate media (take a bow!) including Democrat Party shills, Rachel Maddow and Ed Schultz.
Al-Zawahiri: eat your heart out.
As far as I can see it, it is ALL a HOAM (h3ll of a mess). How can we get ahead if all they do is CUT programs-- those that help the aged, infirm, young, students-- and leave the rich byches alone? They make money off of us middle class (peons?) but that is all they care about us.
John Bonehead and his Pee-party sociopaths are doing a very good job in gutting this country.
I hope to God that they can come to a solution that will make everybody happy-- and the way it is going the only ones who will be happy are the rich byches.
DW::: You are half right. President Obama is a black man (tho of mixed ethnicity) and he is a Democrat. Now George Bush and Shrub (that is a little bush) hit the YES button and raised the debt ceiling without asking. RReagan did it too. No one cared-- after all, they were WASPs and Republicans to boot.
If those WASPs could do it, why can't President Obama. But Boener and his Pee-party gestapo people have to throw a monkey wrench into it-- after all, their aim from day one has been to ruin Obama and make him a one-term president.
Sure, they ran on JOBS-- but they didn't mention that they were for ELIMINATING jobs and increasing unemployment. And they didn't mention that they were for KILLING GRANDMA.
I saw the Nuremberg Rally about 60 years ago and I saw Boehner as he gave his [ lets say speach] before the vote was taken, The resemblance was remarkable or identical. The only difference I saw was that 60 years ago it was Adolph Hitlor who gave the speach, screaming, yelling like a madman and the Nazi Party was the ones yelling and screaming cheering him on , the other was John Boehner ranting and raving like a mad insane man and those yelling, screaming and cheering him on was members of the US Congress who happen to be Republicans and members of the T. Party, The vote was supposed to take place after all this but Boehner had to delay it for hours while he threatened, bribed and intimadated others of his party to get them to vote YES, but not without adding more to the orriginal proposal...How Nazi like of him...I suppose now we can expect Concentration camps and Gas chambers will be added in order to take care of the Old, handicapped, Poor and Middle class as they become unable to slave for the Wealthy so they will have plenty to contribute to their Political Agenda, while the rest of us pay back to our selves the 3 and one half Trillion dollars that they have taken from our Social Security Fund. Not to mention the intrest, that they have never ever even mentioned paying back. The list goes on and yet there are those who swear by their life for these people , untill it hits them and they7 feel the bite,, Then you willl surly hear the moaning , yelling and shouts for a change to prevent the same thing from happening to them that has been happening to us for years and years and our crys went un heard as they do today. And they ARE NOT DONE YET, nOT AS LONG AS WE HAVE bIGOTS, rACIESTS, TRATORS, DICTATORS AND THEIR LIKES, IN OUR cONGRESS. Democracy, Freedom, EQuality, Justice for All, Etc. Etc. Etc. are things of the past or at the very least, disappearing at a very fast rate...........
Susie, you be black?
Most Americas share the blame for the lose of jobs. Every time people buy foreign made to save themselves some money jobs are lost. American demanded cheaper supply and as a result supply comes from places where living wage doesn't have to be payed.
I think it is time we realized that we are moving towards two separate and distinct societies. One will be the haves and the other will be the have nots and a few who still "don't have" but associate themselves with the haves because there are too many pesky minorities and other undesirables in the have not group and they get to throw hissey fits and change laws to define who and what America really is. Everyone will fall in one of these two groups even if you think you don't think you do. Most minorities know where they stand but it is some of us middle and upper middle class folks who have are not sure which group we are a part of but rest assured you will get notifications soon.
You know Rome fell from within too!! I like your perspective on the divided middle class!! They will gobble up each other; as the wealthy looks on as spectators!!
GA Girl
You are welcome, I can give a whole lot more info but the righties heads would implode, don't want to do that, I enjoy LMAO at them
Boehner stuck his neck out a mile but the little tea party hobbits are determined to torpedo our country so it will take the other side of the aisle to get something reasonable done. Have a cigarette and chill John Boehner.
Whats a Hobbit??
In what way exactly are the tea party hobbits going to torpedo our country? How about we have Reid and company raise the debt limit to $10T? That would be goood for our country.. Do you really think that a balanced budget amendment is torpedoing our country??? Don't let the sheeple vote.. just dictate to them from Washington. $1T of Reid's "plan" is accomplished by "winding down" the wars in Afghanistan and Iraq over the next 10 years.. how much exactly will Reid's plan cut this year? Anyone of you liberal folks out there know? Anyone care?
According to the CBO, the plan put forth by Reid cuts the debt more than the GOP plan even without the winding down of the wars.
Like the winding down of the wars is actually going to happen. Too much money to be made to let that cash cow go...
Dano,
Go watch Lord of the Rings if you really do not know.
@anyone that might dispute this next comment
By the way that is not a Liberal moniker, that was coined by John McCain on the Senate floor yesterday.
Thanks for pointing out Reid's plan photoguy! What is the objection to Reid's plan? It has cuts, no tax increases, and keeps us from having to go through this again in 6 months..
From Bloomberg Business Week
7/29/2011
Which is why we NEED BOTH "Spending Cuts" & "Revenue Increases" to offset the damage either of them would do seperately; especially with the report of only 1.3% or 0.3 growth in the economy.
I can repeat , too, bobbyg.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
Here's a good chart that shows how the tax burden has been pushed off on working people over time:
Sources of federal revenue, Fiscal 1950-2008
Associated Press
April 17, 2011
The real travesty, though, is corporate taxes. They've sunk to only 9% of all federal revenues, even as American corporations have recorded their highest profits in history.
Fix it, and then we'll talk about how much we need to take from the bottom 50%
GEOwil McCain didn't coin it he was reading an article from the Wall Street Journal.
wayne,
Thanks for correcting me, I was not aware of that. The inflection is still the same though, it came from a Republican source (WSJ is owned by Murdoch).
Real,
Federal revenues could be raised and more jobs brought back stateside if some of the loopholes were closed. The whole tax code is riddled with loopholes and shelters. For instance, the foreign tax credit for corps should be lowered or done away with. Maybe that would encourage more stateside manufacturing.
Then again, maybe recind the Bush tax cuts. The EIC credits of the poor would be reduced and bingo! More tax revenues.
dano,
Listen to John McCain or Stephen Colbert. It will make sense.
I don't like the idea of this "commission" as it were to figure out spending cuts later. Another new form of government? Why? Because tea bagging republicans are soooooooooooooo absolutely dysfunctional we cannot rely on the current checks and balances as they are? Rather pathetic indeed. In fact why isn't this a clean bill NO riders? Then have a budget bill later?
Its also funny I mean hilarious that tea bagging republicans act as though it is the democrats alone who over spend and cant do anything right. When quite clearly it is the right who have PROVEN they cant do anything right. Including swearing themselves in ; ]
Cheers hun
Why does anyone call them "Bush Tax Cuts?" They are now "Obama Tax Cuts." This whole housing crisis was created during the Clinton years mandating banks give home loans to unqualified buyers without a down payment. A lot of those people took out second and third mortgages, bought new cars, went on vacations, and then gave the houses back to the bank. People and government has to be fiscally responsible. You can't keep overspending and you can't keep over regulating jobs out of the economy.
and the 8 years of Bush spending (two wars and unprecedented budget spends) were what in your book, irrelevant? Those who REWRITE history are doomed to repeat it.
NO they are not Obamas tax cuts. They are the Bush tax cuts extended by Obama by this congress. You don't get to change the names of bills that have no change to them. Simple. Are you unable to understand such a thing? Hmm.
The fact you try to blame Clinton for the housing debacle is laughable so I had to respond. People such as your self if I may call you that are absolute in there idealism and simplistic view of the world. From politics to money. I suppose you missed the whole Bush W. Push to make sure EVERY American owns there own home and gets the American dream. You sure have selective memory son.
There! I threw my juice on it because in 2011 you have people such as the boy I just adressed. Unable to come to terms with facts or bipartisanship and really the truth. Instead they seem to see facts and the truth as equal to perception. Using facts to fit and scew there ideals and politics. There is NO understanding them nor is there reason to there rhyme.
They are simply to ignorant of the world and whats going on around them to think openly and for themselves. In there eyes the other side is always wrong no matter what. Like a D.A.a after wrongly convicting someone and finding out they were innocent they will NEVER apologize ever. Like what the tea bagging republicans are doing to the economy. It just hardens there hearts and makes them dig in there heels as though they are being attacked. And imitate gangster movies. BUT the truth hurts. The truth hurts and that is all you need to hurt people.
Cheers
While this may be a $4 Trillion deficit reduction, the reductions are ONLY 22% of the deficits that are being projected, there's ANOTHER $17 TRILLION in deficits that will be rung up over the 10 years ($31 TRILLION total in 10 years) if serious cuts in budget, personnel, and programs aren't begun.
Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
Are you aware of how many companies lost money in 2010? Are you aware this was a year of RECESSION?
Certainly there were some winners, and Obama and the Democrats continue to shield companies like GE from paying their taxes, but that aside, revenues are down BECAUSE COMPANY REVENUES AND PROFITS ARE DOWN in many areas of the nation.
Again - yes, some companies are doing well. Many are not - those that may have paid corporate taxes in 2009, 8, or 1996 may have made no net taxable profit in 2010, because of the recession.
So let's stop posting 3rd grade logic, ok?
As for corporate taxes, it is a ridiculous idea - every dollar transferred from corporate profits is a dollar wasted on bureaucrats.
Gosh, mowdy5gs, thanks for making sure we know how to think. I love how open- minded you are when people disagree with you, or have their own opinion. Instead of arguing any points, you simply name call. You seem to think it is okay to call the "Tea party representatives" Tea-baggers, which of course is a derogatory sexual term. Using it totally cheapens your arguement. Since you love analogies, replace tea baggers with liberal homosexual (but use a different term) elite. (My conservative open-mindedness keeps me from even uttering the phrase.)
Chris Dodd and Barney Frank are both responsible for the housing debacle. The fair housing act was started under Jimmy Carter. The Fair Housing Act, required banks to lend money to people who were high risk. The government guarenteed that they would buy the loans from the banks if the people defaulted. Well guess what? They defaulted. The 50% of working Americans that actually pay taxes, got to pay the banks back for the "less fortunate" who deserved to own their own home, it just wasn't fair that banks wouldn't lend them money.
As for selective memories, In 2003 Bush II tried to reign in control of Fannie and Freddie but the democrats would have none of it.
The cold hard truth.
We conservatives will be waiting for your apology mowdy5gs.
Paul F, please let's do stop posting 3rd grade logic. In fact, why don't you stop posting at all until you have read a book, a newspaper or magazine or anything that will prevent you from revising history. There have been very very few corporate loosers in the past two years. Remember this word "Google", and try to get yourself a few facts.
Baseballmom, can I have a bag of what you're smoking? Sexual?? Please lady, grow up. Nothing sexual about it. Go to your grocery, look in the coffee and tea isle, there they are in boxed TEA BAGS. The same ones those little old ladies at your rallies hang from their hats. Sexual. Please. Some just need a life. For the record the fair housing act asked them to lower standards, not lend money to people without having checked to see if they were employed or had any sort of income. The housing bubble existed because banks and bond houses got greedy and played people, no other reason.
"AP-1414066
(sic)...and the 8 years of Bush spending (two wars and unprecedented budget spends) were what in your book, irrelevant? Those who REWRITE history are doomed to repeat it."
Um, 'scuse me but it is true that the Bush administration (shudder) spent a total in eight years of less than the Obama administration (shudder) has spent in three years. While six wars are going on now in which we are involved?
Does that mean that you have ignored history?
I remember those ladies with the tea bags hanging from their hats. I still get turned on just thinking about them.
It's sad that their little figure-of-speech was seen in the same light as swinging testes or whatever they call them these days.
Things just are't the same since they run off Glen Beck.
"Um, 'scuse me but it is true that the Bush administration (shudder) spent a total in eight years of less than the Obama administration (shudder) has spent in three years."
It is also true that two wars, unfunded Medicare Part D were not included in the Bush official spending, but are included in Obama's spending. Not to mention that TARP spending, included in Obama's 2009 spending figures, were passed by Bush.
Mr. Obama announces: "We have a "DEAL" agreement."
Mr. Obama announces: "We are not done yet."
Mr. Obama announces: "We won't know what is in it until we pass it."
Mr. Biden announces: "This is a big F****ing deal."
American people announces: "We are screwed."
Misses om3 please huh. Tea bagger is a name you gave yourself IF you are one. If not they gave them to themselves. However you are a conservative. And Mr. Bush de regulated Freddie and Fanni under his republican controlled house. Everyone SHOULD own there own home. BUT his deregulation allowed arms balloon payments multiple home loans without sufficient income etc. Shall I continue with examples?
Now most Americans homes are not owned by them but the banks and insurance companies. Furthermore the banks Mr. Bush de regulated did NOT lock people in after the debacle did they? They could have kept people in their homes if they would have just moved a decimal and a few numbers around and locked it in at a fix rate. NOPE! They foreclosed on them all and even a lot of people that had not defaulted. In fact big banks were scheming on ways to cook there books by over extending there own cash and assetts as liquididty as on hand accounting and by selling what they knew were toxic loans to keep themselves afloat long enough to weather the storm. But they didn't weather anything. In fact the deregulation of the oversight committees to watch such malfeasance and malpractice is why these arms and balloon payments were allowed to be pushed upon those who knew they couldn't pay for them. Not actually OWNING the deed to a home while claiming in your books you DO own the home is illegal.Most people in this country because our education has been cut threw with a buzz saw did not understand the math involved.
I'm lucky. I do. And I did NOT get caught in any of that crap. But I am an exception and without regulation you have what happened. I wrote extensively on this topic back before the economy crashed telling people the economy would crumble. I told people that there was no actual backing of the loans and that the banks would come back with a vengeance when people couldn't pay up. MY readers know this.
And it was NOT Clinton or carter it was Bush. Remember Dodd Frank AND Bernakke and Bush were all involved. Bush DID NOT warn the American people before hand and he knew before hand. So did the afore mentioned players. Bush could have went to the companies in question and told them he would expose them or go to the people if they did not do something. But he didn't do that either. In fact he let the American people drowned without one word.
Why you may say mowdy5000. Ill tell you. Because he was and is a corporate shill. [look at no compete contracts they used everywhere] See what you don't know is I belong to NO party. I have voted dem and repub many times over the years as they USED to both be reasonable. But not anymore.
Because Clinton left this country with a surplus. Bush had NOTHING to complain about. WE DO. Because Bush wrecked the country through deregulation de funding two unpaid wars prescription drug plan un paid tax cuts through the downfall the FIRST stimulus against the will of the people and straight up incompetence. Because I give him the benefit of the doubt I SAY incompetence. Because if he WASN'T incompetent it was willful.
Now the right [you included by omission] have done to this country worse. Why? By stopping the little progress we have made since. Housing debacle you say? You better know what you are talking about before you open your mouth. I lived through it and warned people. What did YOU do? ; ]
There! I threw my juice on it in 2011 because of people like YOU. Who wish to misrepresent everything period. Apologize? You should apologize first to yourself for deceiving yourself and for being deceived and THEN ME. Because your wild outlandish allegations are a weak cup. And I like my coffee black. ;]
Cheers
DOA -- Dead on Arrival in the Senate. What a waste of taxpayer money.
It wouldn't be if they passed it. What other piece of legislation is out there to vote on? They and the President has said no before they even got the bill. Who is wasting time here.
I always thought that the way it worked was that the House brought up a bill, the Senate brought up their own version and then the two were assigned to reconciliation. I guess that only works when both houses are controlled by Democrats.. Gee, who knew.
according to the Constitution, only the house can bring/start bills concerning funding/spending, neither the senate or the pres can originate a bill on spending,, they can only accept as is, turn down completely, or then put forth a different/compromise bill bk to the house. there are rules that must be followed.
dnb, I doubt your civics lesson was heard any more than when some of these people were in school. It doesn't fit with their rhetoric and preconceived ideas.
Good point, Photoguy!
It's hard to reason, debate, or compromise with people who have no grasp on reality and continue to spew talking points, which are blatantly false. For example, these people want to blame President Obama for our large deficit. What they forget is that President Obama actually put two unfunded wars and an unfunded medicare plan on the books in addition to having to spend money to try and stablize our economy. If anything, many of the economists I have heard speak on the matter think that he did not spend enough to get us out of the downward spiral we were in. This whole fiasco is about blatant hatred for this president, which has made some people completely oblivious to doing what is best for this country. The fact that they have made this debt ceiling debate into a crisis speaks for itself. I'm glad President Obama is standing up to these teaparty terrorists and saying no in spite of their attempt to hold the American economy hostage.
Your post is a sad commentary on how ignorant so many Americans are on how their own government works.
You do realize this is part of that same Constitution that your Tea Party claims to respect so much, right? Even though they've never actually read it?
Yeah right. A waste of taxpayer money to not throw the poor, children, elderly, and middle class under the bus to protect the rich guy. I say, thank God we have a senate and a president who still look out for the average American.
2 bills have orignated in the House, were debated approved and sent to the Senate.
Where the cowardly Democratic leadership would not even let them be debated before voting them down. There was no attempt at a reconciliation between what the Senate wanted and the House bill. Nothing but a big fat "NO" from the party of no compromise- the Democrats
I can repeat , too, bobbyg.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
I must assume that you mean "robbing" the other party! The "people" are usually up to the challenge of taking care of themselves and that is also why we have charity . What right do you or even me have in taking by force (that is the only avenue government has to legally plunder) what belongs to someone else?
There was NO budget passed in 2010. Extensions of the status quo were made by congress.
Wouldn't you say Washington is not doing their job(s).
History teacher, so how would we pay for the military if we did not "take by force" something that belongs to someone else? Maybe we could run the military on donations? I think that most of us know that in order to live in a country such as ours, there are certain things that we all have to pay for.. We may disagree on what those things are, but most of us agree that we don't want to live in a country with no functioning government like Somalia....But I guess at least there no one is "forcibly taking" money to pay for government...
IF you continue to repeatly post the same thing, in the same blog it IS a violation of the Vine. So stop it, at least not on the same page, go further with other comment when appropriate. Right/Left & inbetween all get the point
Bobbyg, Excellant post but sadly Obama supporters don't do math. Like Obama they just look for more money to spend. The difference being they simply don't care where the money comes from because it's always been found for them by Community Organizers. A lot of them are the ones walking away from a house they should never have gotten a mortage for after having lived in a house for up to 3 years for free on our dime (make that dollar) since this caused the crash.
Then what the @!$%# was this? Remember? The GOP held UNEMPLOYEMENT EXTENTIONS hostage? It is a pattern of the @!$%#ing GOP in the Washington and I for one am sick of them.
He could at least waited until after Big Brother was over to babble all about this some more.
They didn't accomplish a thing. They are just making it look as if they have.
Watch out people. This is the Invasion of your Wallets & Pocketbooks.
Taxes, more taxes, and more taxes coming after you.
About time - 60% of American corporations pay NO tax.
While they've amassed $1.9 TRILLION in cash, we've been working to provide them with FREE roads, FREE schools, FREE firefighters, FREE police, FREE military protection, FREE everything (since they don't pay ANY taxes). And to add insult to injury, we're contributing our hard-earned tax money to give them a lot of them a TAX REFUND:
Forbes - What the Top U.S. Companies Pay in Taxes
How many working Americans did it take to make that refund for Exxon?
Its about time, Good for the DEMS & GOP, looks like we have a deal. But the sick nutty teanuts have to go.
Too bad so many have already been hurt. And the tea bagging republican know this. Hence there movie the Town inspirational video. In fact 4000 TSA jobs besides the markets. Hows your 401k today? Options? Bonds? Stocks mutual funds?
It is nothing but a game of hate to the tea bagging republican minority. This should never had been made on a debt ceiling bill. They have the house so could have brought up a budget bill ANY time they wish. Voted on it ANY time they so wish. But instead did what? Exactly. To get at President Obama.
Just listen . Listen to what you may say mowdy5000? I shall tell you. What they say and how they say it. Not only did tea bagging republicans LIE to get elected by promising there MANDATE was job creation even thought they hate big government. And NOW say that there mandate WAS to make government smaller means they LIED when they promised in all of there campaign adds and on t.v. that they would create jobs Obama couldnt. After they "hell no'd" the heck out of infrastructure repair using stimulus money for the entire country [my idea thank you]
They always say Obama this Obama that yet our government and country is bigger then Obama. Buytt they see our government as him and him alone. Just as the only jobs the government can create our government jobs the hate and vitriol is ALWAYS towards a person. That person is Obama. Just listen to them just as McConnel stated his and his party's only goal is to make sure Obama is a one term president. ; ] That explains there actions quite well. Obam Obama Obama. Ask yourself why that is? Hmmm
Obama Obama Obama. And by the way, for those of you keeping track. Obama. ;] ]
Cheers
If anything, many of the economists I have heard speak on the matter think that he did not spend enough to get us out of the downward spiral we were in...
Ha! And they were all on MSNBC weren't they?
Just "spending money" doesn't create a healthy economy. If you are starting a business and need office supplies, you don't spend your capital on candy, do you?? Barry never intended to "stimulate" the economy, he was merely securing his donations from the UAW and the teachers' union(s) which is why they received the largest percentage of the slush. 10% (the largest single percentage) was appropriated for those two organizations.
Search "Cloward & Piven" and see how eerily similar their plan is to what your beloved Campaigner in Chief is doing to our country.
In reviewing Obama's 2012 Budget projections, this is what he shows for the next 10 years (2012 – 2021) with regard to the Social Security and Medicare programs;
Social Security;
Total Social Security Revenues = $8.937 Trillion.
Total Social Security Expenditures = $9.932 Trillion.
Total 10 year Deficit for Social Security = $995 Billion.
Medicare;
Total Medicare Revenues = $2.730 Trillion.
Total Medicare Expenditures = $6.133 Trillion.
Total 10 year Deficit for Medicare = $3.403 Trillion.
It should be noted that these programs currently have 'surplus' (a) Trust Funds held by the government in an amount exceeding $3 Trillion, so it would be quite some time before those Trust Fund balances would be exhausted, but the trend is obvious, and so there must be something done to restore them to a sound fiscal basis, either through benefit changes or payroll tax increases, or a combination of both.
(a) – The 'Trust Fund' balances are not actual cash balances, but are IOUs from the Federal Government and the money that should be in the accounts was spent and must be repaid through increased taxes on future taxpayers. The reader must determine for themselves whether that was appropriate.
This information is being provided so the readers will at least have some basic knowledge of the current status of these programs, which seems to be sadly lacking from media reporting.
Source - http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf See Table S-3
Obama stabbed us all in the back as bad or worse than Bill Clinton did when he rammed through and signed NAFTA and financial deregulation back in the 1990's.
The only thing Obama was concerned with was that the stabbing be perceived by the public as bipartisan so the Democrats alone won't be blamed and he can be reelected.
You can bet his shills like Rachel Maddow and Ed Schultz will be saying he was forced by the E-veel Republicans to do it. The Republicans are "evil" but so are the Democrats.
Obama and the Republicans are a great con artist team. The carefully orchestrated "crisises" like this one and the one in Dec. of 2010 that resulted in the renewal of the tax cuts for the rich will keep coming because, so far, they have worked so well (with the help of the corporate media)
The Republicans got 80% of what they wanted even though they only control one house of congress and most of the american people are against cuts to federal spending in particular SS and Medicare that the "deal" includes.
Most americans want the government to focus on job creation but the government is made up of people who were elected with cash from big business interests who don't care about the high unemployment and even find it useful to extract more concessions from their employees.
The $1 trillion in cuts to federal spending that are part of Obama's betrayal of the american people will hurt the economy, destroy more jobs and probably push us into a second recession but Wall Street wanted it so they did it anyway.
Obama took $93 million from Wall Street in the last election, the most of any candidate, and he needs even more this time because he knows he has kicked his base in the teeth so many times they won't turn out to help him in 2012 like they did in 2008.
It will take the brute force of hundreds of millions or even a billion or so dollars to give him a chance of getting reelected.
Sad joke on the American public. Cut 100 billion for 10 years. Bring back the jobs from overseas. Create incentives for businesses to create good jobs. Put back tariffs. Stop favorite trade status. AMERICANS FIRST!
I have seen where adminstrations have awarded prizes for new technology. Lets award tax breaks for businesses that bring back businesses to the U.S. and prizes to them!
You all know that all toys are made overseas. Well almost all. This one man in Montclair, New Jersey has a small business and he makes very simple toys. A cowboy outfit, with a gun, leather belt, holster and a rope and something else. All very simple things to make and then he heat shrinks a plastic around it and he has more orders than he can fill. He uses mentally retarded and downs syndrome employees and pays them the minimum wage, feeds them lunch and bought a bus to pick them up and drive them home. And it works! He makes money and the workers make money and feel usefull. Now why can't we expand on that idea and make bigger and better factories and take back the jobs the ËXPERTS gave away and make millions more better paying jobs in the U.S.
Fact the Australian dollar has APPRECIATED 100% against the American dollar in the last 7-8 years and their minimum wage is $15 U.S. and their unemployment figure is 4.6%.
Now how much are congressional and presidential salaries going to be cut and benefits? They got us into this mess. They have to also be hurt getting us out of this mess!
Look at the export/import trade figures. The U.S. imports twice as much as it exports. Germany imports and exports almost the same amount. Australia imports/exports almost the same. Now what does that all mean? Either bring the jobs back or stop spending on imports. All these free trade deals are NOT WORKING!
And all the politicos in Washington are not understanding. GET RID OF THE WHOLE BUNCH INCLUDING OBAMA AND TELL THESE IDIOTS WHO ARE RUNNING FOR THE JOBS THAT WE WANT A DRAMATIC CHANGE.
Another idea occurred to me. We elect these people to affect our daily lives and they know nothing how to govern. They don't know crap about economics, imports, exports, financing absolutely nothing. They spend half their time planning to get reelected. Now THE IDEA IS THIS.....anyone who wants to run for any elected office in the United States has to go to school to learn how the government works and what will be required of them if they get elected. And it has to be a good program and about two years. We are 15 trillion dollars in the hole and noone is standing up to take responsibility! And we keep making the same mistake, year after year, sending uneducated nincompoops who keep making the matter worse! So make the idiots go to school and make them learn. Then they can come back and show their graduation certificate and say I am qualified to file for this election.
Why can Germany with 88 million citizens export the same amount as 312 million Americans? The U.S. economy exports approximately 1 trillion dollars a year. The German economy exports about 1.2 trillion dollars a year. We have 3.5 as many citizens so we should export 3.5 times what Germany exports or about 4.2 trillion dollars a year. Why are we not? What does the federal government have to do to help the businesses increase exports, make more and better jobs and revive our economy to again be the best in the world?
I totally agree that the government, local and federal, should entice our companies to bring jobs back to the US. Besides tax breaks what is there to offer them?
In my area, and maybe many others, there are tax breaks for companies to erect NEW buildings next to derelict factories and empty stores. These companies get to create jobs for the construction workers which is nice, but since these new companies pay little or no taxes for so long, 10 years in some cases, the burden is passed along to the taxpayers. By the time the deadline on the tax break looms the businesses have already gone under or close up shop, probably due to poor sales because no one can afford to shop or use their services. Now we are left with more unemployed citizens and another empty building.
I feel that another thing that is hurting everyone and reducing jobs is the advancement in technology. It's great and fun for a lot of things but with the increasing automated options our jobs are disappearing. Every time you call your bank and use the automated system or visit the ATM that is a little bit of work that is being taken away from an actual person. (maybe that won't matter much to the US employees since so many of our call centers are being moved to Costa Rica and India) It may not seem like a big deal when you get $20 out of the ATM, but multiply that times all the bank accounts in our country and it adds up big time! There are even bank accounts that charge you extra to go into the branch and use a teller. WTF? Supermarket self check out lanes? Same thing.
It's happens in my company all the time. I am fortunate to know well ahead of time that next year my company site will be closing due totally to advancement in technology. (This coming on the heels of 3 years with out pay raises, elimination of all bonuses and incentives and offensive changes to benefits and health insurance) My company has created the products and services to remove the need for about 90% of the employees in our division alone. (My company has about 30 different divisions, is worldwide and is on the Forbes 500 list, just for an idea) There is another 100 people with out a job, just in my town. The rest of the division, spread out over the country, will go down with us. Our clients will get reduced pricing but the company will gain more money when they do not have to pay us. Win-Win for them. When we are out of work we will collect unemployment benefits, further stressing the deficit.
All these companies that send work overseas and to robots are eliminating their own revenue in a way. My paycheck now goes to mortgage, property taxes, car payment, insurance, electric and cable (soon to be cancelled). What ever is left over goes to food, pet care and house & auto repairs. I no longer go to the movies, out to dinner, shop for clothes or buy music and video games.
Part of what's driving these types of advancement is the need to do everything NOW. We are becoming very impatient as time marches on. Maybe when all the CEO's, presidents, entertainers and the rest of the millionaires/billionaires have all the money and the rest of us have none, they won't have a use for it. They will just have to pass it back and forth to each other. The little people will go back to growing their own food and bartering for our needs. I hope my doctor will accept a chicken as payment on my bill.
80% of tax revenue is paid by top 10% income earners in this country. 50% 0f the lower brackets of working Americans pay NOTHING...I am one of those 50% (I make under $350 gross per week), so yes we need to eliminate some of the "Loopholes", namely the ones that make it that I can't contribute my fair share. We want everyone else to pay except us. We want major cuts in spending unless it hurts "ME"..."cut all entitlement programs but mine." The fact is cuts need to be made across the board, then eliminate un-needed expenditures, from those that nickle and dime us such as NPR and any other 501c3's (they get tax exemption because they provide a service that the Government does not, there fore becomes counter productive when we also give them our tax dolars) get the feds out of education, the "no child left behind" is forcing our educational system to a lower level of mediocrity, return education responsibilities to the State and local school districts. Stop with foreign aid spending sending money to Egypt, Pakistan, PLO, Japan. Korea is bankrupting us. RE- privatize the student loan programs, the new Fed run program makes it impossible to repay and enforcing default, costing us even more of revenue. Contract out our federal Penal system, private companies can more efficiently run Fed prisons, eliminate obamacare, and take the unspent "stimulous money off the table for use. With or wothout an ammendment pass a balanced budget then live by it. And for the sake of the Nation work the code so even I have to pay taxes, all you "do-gooders" out there trying to save my paycheck are actually causing people like me becoming part of the problem rather than Part of the salution, JFK ask me to not ask what my Country can do for me, but ask what I can do for my country", I would pay my fair share if you do-gooders and bureaucrats would get out of my way and stop telling me that my money is no good... a fair tax is sounding better and better all the time...You know I once ran for local office as a Democrat, and I won in 2000, but then I actually did the Math and found out that the Dems can only buy the votes for so long before our Nation is bankrupt. SO TO THE PROGRESSIVES< STOP HELPING ME< GET OUT OF MY WAY SO I CAN PAY MY FAIR SHARE.
Suggest all poor, middle class, unemployed or presently working, retirees, anyone on fixed income, disabled, maimed veterans, sick, children of poverty and most on deaths doorstep take note. Begin at once to horde all lubricating products you can, along with stool softeners and laxatives. These are your only salvation. Specifically all of you, are about to have your dirt roads plowed over and over again until you believe such to be your true lot in life. Republicans want this and the democrats have delivered you. I'm afraid religion cannot effect any relief either. You're on your own. It's life in these United States now. Live with it or die. I really wish it did not have to be, but this kind of thing always happens when you put your trust in those whose express purpose is to exploit and abuse you.
Hope this is NOT like the Health Care Bill that passed.
The American people must know what is in this Proposal before it gets passed by the Senate.
It took a long, long time---there may be some hidden facts we will not know about---it was and is a "Political" Bill---meaning, Bipartisan cohesion; the present President wants another Term with campaigning in between the lines of the Deal..
Let's Go--and get this right--for all peoples of the US---everyone is tired of listening to these cronies bark and not react.
Julio Perez you have a good point...why not...give tax incentives to those businesses who bring back jobs not just create them? The benefits would be positive in many areas of the economy. Penalize businesses who farm out jobs overseas. Your either an American commited to this nation and her future or your not. It's American made or it's imported period.
This debt crisis proves it's time congress was paid comensurate with it's job performance like all Americans are paid. The U.S. House and Senate members are chosen by the American people to be their voice. Statements made by some representatives/candidates show they do not represent the people only an agenda. The American people should decide their representative's compensation based on job performance. A job performance review should be completed annually. Voters should start with wage cuts for a failure to complete tasks in a timely manner. The nation's debt might just realize some benefit from this incentive.
This debt ceiling crisis will influence the next election outcome. People are especially fed-up with the party of "no." Voters will be feeling the impact of the "no," agenda into the next election. America's middle class still is the largest segment of this nation's population. When you've kicked, pushed, and choke someone almost to death they don't forget. Come election 2012 the party of "no," could end up a statistic.
Once again the middle class, elderly, poor, and the disabled were sold out to the wealthy elite. So that they don't have to pay their fair share of taxes without their many exemptions and off shore accounts. It is exactly the same as done last Dec. of 2010 when more tax exemptions were given to the rich. Will Congress ever get it right for the majority of the Constituents and start doing what is right?? Not as long as you have the self-centered greedy Republicans. None of the Republicans seem to understand that you can't have cutbacks without raising the revenue. I guess that is beyond their kindergarten bullying playground comprehension. It's time Congress stops supporting the wealthy and Big Business over the rest of the general public. We need to push MUCH HARDER for FAIR TAX REFORM, throw out all the lobbyists, get Congress's hands along with the hands of others out of the pockets of Congress, and take the control of elections out of Big Businesses hands and place it solely in the hands of the voting constituents. Vote out all Tea Party. The voters need to ignore ALL Public Campaign Ads and express their disappointment with the candidates over the false, derogatory, and thug-like behavior campaign tactics. Then turn off the TV during elections, because the only thing you see is repetitive, false, snarky ads like the Rethuglicans are already doing in FL. Their Tea Party FL Hospitals Medicare Fraud Governor, who is no better, except for taking credit with any positive outcomes that he had no power or no control over the outcome. Stories come out of both side of his mouth at the same time (i.e. While handing out many cutbacks on all levels of educational, he is at the same time standing with a minority young black girl on National TV saying how much he has done for Florida's education. Then the money he saves from the cutbacks goes to the Big Business with more tax exemptions. Or, another example: the general working State Public Employees must give up their previous benefits and double dipping, while the big bosses continue with working with their TRIPPLE DIPPING and allowed to keep all of their benefits. There's an old saying: "What's good for the goose is good for the gander." But the upper echelon doesn't feel that they are part of this Recession, nor do they need to serve as a role model example.
So this is as simple as I can make it.
They didn't EVEN touch the free trade agreement. IF we raised import tax by 20 percent or anything above that it would MAKE people stay on our shores. How is that mowdy5000? I will tell you. other countries charge anywhere from 22 percent and up for us and everyone else to import into there respective companies. WE charge 2 percent.
So as a business man what do you then do? Manufacture things and pay Americans to do it here and pay 25 percent taxes on shipping throughout America? Or go to another country pay slave wages and then export BACK to America at 2 percent? That's whats happening now. That's is what they mean when they say there is NO incentive for American business to stay on our shores. And tea bagging republicans LOVE this because American get rich. Only on other shores and NONE of that money comes back here. In fact those other country's get ALL of the tax revenue from Americans who do business in there countries. That's the leverage we COULD hold.
But all tea bagging republicans want to do is cut cut cut everything while tax cuts stay in place with NO ideas on growth or growing the economy here. NONE. Not one idea. Because they are owned by corporate America. If we changed that that alone would grow this country by leaps and bounds and SHOW and PROVE who is truly American and who hates our guts.. ; ] Wake up people WAKE up.
How can the little guys compete with those able to move entire companies off shore? THAT'S why there's no growth in this family. And tea bagging republicans like it, love it, want some more of it. I try, so hard.... Anyhoo. The only ideas tea bagging republican have are none!
Think about it. Think about it. Who is really watching your back? I know I am.
Cheers
Also illegal immigration didnt hurt. Many people say it did. But they are just haters. Illegal immigration from Mexico is now non existent. Anything better yet? The reason illegal immigration stayed the way it was for decades with our government looking the other way is because it worked for US. Reagan recognized it well. It allowed the little guys the upstarts to compete with corporate America. The big guys.
How do we do that now you must ask yourself. Ask Arizona how that's going Ask them. Touchy subject indeed but one that MUST be addressed. Hateful and racist people are running this country into the ground as "Tea baggers". But do they really know anything? NOT ONE JOB created says it all. I know alot as my readers know Especially after there little stunts have got more people fired then jobs. 4000 TSA employees for example. More government employees to come soon to a theater near you. Believe you me folks.
Its like tax cuts when we are running a deficit instead of a surplus. ASK Greenspan. He agrees with me. I told him about it. ; ] If it worked there would be soooooooooooooooooooo many jobs we couldn't fill em even in the economic downturn/ recession/ depression/ double dip/ honey dipper dan/ sha na na na sha nan an anaaa baaa doooo...
What do you think tea bagging republicans mean when they want a smaller government? A shorter Obama? That's JOBS they are speaking of. WAKE UP people! Wake up.
Think about it. Think about it...
Cheers
You have your facts a little skewed, Reagen made a deal to fence the usa with his amnesty. According to the deal Reagen made we shouldn't even be talking about illegals because they shouldn't even exist in the usa.
Think about it I.m not sure what you are talking about the high rate of identity theft associated with illegals or the money that pours out of the usa along with the illegals.
We have no need to worry about Mexico they are in much better financial shape then the usa. At the rate we are going we may soon become the illegals wanting to go to Mexico.
Do people even realize we are not far from the Greeks?
Let's examine government jobs once, Government jobs are paid for by the tax payers! Government jobs are a loss. None government jobs are a asset!
Government jobs = Liability Privet sector jobs = Asset!
We do not need more liabilities in our nation we need more assets.
Taxing jobs away from the privet sector puts more people on the government liability rolls.
Think real hard about this fact! What ever the government takes away from the privet sector becomes a liability to our nation.
You and I mean every person in this nation pays the tax increases. Nobody is going to say my product costs more to produce so i will not charge you more at the store. That is a mathematical impossibility.
People like Obama can pay more? If that is a fact why aren't they? Nobody stops them from paying more.
Over the past few weeks we've been abused and disrespected by every last member of Congress and by the man in the Oval Office. None have put the best interests of our nation in the forefront.
I will be voting against any and all incumbents in 2012.
Democrats can piss and moan all they want over this stalemate. But hey, guess what, America chose to vote those Republican 'checks and balances' in half way through President Obama's term.
What does that tell you?...
It tells you that America didnt like President Obama's unobstructed Socialist spending plan.
You can whine over President Obama making consessions and bending over backwards to get a budget devised. He didnt have a choice. Besides that "bending" was his mindset simply coming to grips that America isnt Canada or Europe...nor does it want to be.
A true pity that is all you see. The FACT is when houses were going up all over this nation who was getting the job done while the "LITTLE guy" got rich from nothing to something? The TRUE American dream huh? All you can see is interpreters being FORCED upon you? That's to bad. Those illegal immigrants were picking your food. They were working factories that USED to make it viable for corporate America to KEEP jobs here. But you go ahead and SEE what YOU want. The fact is the government including Reagan turned a blind eye for DECADES.
Why is the country sinking and don't give me this tea bagging hillbilly crap please about to much spending. EVERY one knows you grow your way out of a drought. Money goes up you know what roles down hill. That's how it works. Spend money to make money. I saw not one cut to there own salaries or the address of the real problem with OUR import business and taxing of it. Did you? And all you can see what we SHOULDN'T be talking about. I see people like you not giving any ideas about what to do and dissing every thing that works has worked and would continue to work. Remember this my friends the ONLY way this country has EVER balanced a budget is by taxing people for income. You do not have a fair and just society without government and mind you this we will be downgraded. Its already done. And you will then have what idea? ; ]
I wonder why that is... Think about it. Think about it;. ; ]
Cheers
BOO! — OUTRAGE!
This recent "agreement" is nothing but a cowardly CAPITULATION and a dangerous threat to the working People of America! — It must NOT pass!
For all those on the left who wish to protest this and what has happened. Especially those fiscally responsible and with means? STOP SPENDING. Protest with your cash flow. DONT spend. Just buy necessity. You should make sure this COUNTRY knows your distain distaste for this and your disagreement SHOULD be heard.
In the same meaningful way the tea bagging republicans did regardless of what it does to us. Why you may ask mowdy5000? I shall enlighten you. BECAUSE its that important. It must be met this debacle with true grit. It MUST be met with equal footing and hit head on. Tell your friends tell your neighbors those of you able to see and understand what I speak of. You want change? NO! We want meaningful smart change that will actually help this country create DOLLARS .People who are educated know of what I speak. Be well my friends. Be secure in your principals. ; ]
Cheers
@Joe Wobblie
Those working class Americans voted in those Republicans. An inconvenient truth for Liberals.
President Obama's Socialist programs were stillborn thanks to those checks and balances.
Assuming the current "deal" gets passed, there is nothing we can do now but let our congressmen know how we feel about getting screwed over this deal.
I thought I felt as disenfranchised when we got screwed over the Obama-Care deal, when congress signed off on it knowing full well that most American voters were against it. Well, this tops it. These yahoos played "chicken" with our country's economy.
I'll be voting against all incumbents,
@Chuck
The government playing "chicken" with our economy started back in the 30's.
Tax cuts on borrowed money is broke you know what welfare. This caucus of tea bagging republicans would NOT budge on borrowing money from solvent programs to give welfare handouts to the rich who are just going to use that money to strengthen business in other countries. It will do NOTHING to perpetuate Americas growth.
Furthermore you will see more de regulation which equals crime and corruption and besides that you will see cut after cut after cut. Thereby making America as stupid as tea bagging republicans due to the cutting of education programs health programs because unless the President is WILLING to veto everything that now comes down the pike from the house health care reform is gone. And we all KNOW how this president and democrats just cant stand up. They only know how to sit down and behave.
Also I might add that with all of the cuts you will see America bankrupt at an alarming pace. Why is that you say mowdy5000. I shall tell you. Because people will HAVE to fill up e.r.'s to be seen for common colds to scrapes and boo boos. Programs that helped the less fortunate which there are a lot now will leave them to fend for themselves which leads to NO spending slowed growth and crime. etc.. It goes on down the line. And we will still be downgraded. Are you going to apologize for that tea bagging republicans? Or dig in harder because you dont like to be wrong? Like the whole 8 under Bush? Hmmm ; ]
Cheers hun
Why do you think Bush refused to pay for the two wars? Or his prescription drug plan? Huh? Why? Why was he giving tax cut handouts while we are and were broke and they clearly did not create growth? Hmmm. Ask GreenSpan what he thinks and he will tell you.. I think what mowdy5000 thinks. Remember this, when we get those few hundred dollars a year in "ta cuts" its just in time every time for GAS to go up like a sky rocket. Remember that.
Think about it
We can't change what happened in the 30's or change what "W" did. We can however change the entire group of idgits that are now holding seats in Congress.
The only way we will ever get there attention is by voting for anyone that's not an incumbent.
Hmmm... I'm good with the ones trying to prevent those Socialist programs from growing any bigger.
After all, thats why they got voted in smack dab in the middle of President Obama's term. Ouch.
They got voted in because they promised jobs... They had empty promises that they obviously didnt fulfill. They cant force people to hire, so would they create jobs? They also don't want to create jobs, just like they dont want to fix the economy. They want it to be Obamas fault there are no jobs, and the economy still sucks. That way in 2012 they can start working on getting us in a deeper depression.
Wrong the GOP got voted in on LIES, WHERE ARE THE JOB?????
They went after:
education
womens health
unions
civil rights
police
teachers
EMT's
Government workers
construction
they killed the 40yr jobs bill for @!$%#ing sake, The GOP will be OUT in 2012, thank to the TP'ers who really WANT to destroy america.
Stop watching fox
@Becca
Ha ha.
They also don't want to create jobs, just like they dont want to fix the economy.
The reason your statement borders on foolish is that it fails to actually pin the blame on the correct party. Which is no party at all. It's not Republicans and it's not President Obama's fault that the economy tanked.
First, it's the price of oils fault. Everything moves on oil. Higher prices mean less oil and a slowing of the economy. Without oil all trade lanes seize up and die.
Second, it's yours, mine and every Americans fault. For buying outside of our means. For continuing to buy into things that have no tangible yeild in the real world. For not pushing our children and our school systems to excel. For buying foreign products everyday all day and just assuming the money was staying here. For letting the housing bubble sweep us in. That's why the economy is @!$%#e.
The reason America can't pay its bills is because of past Socialist programs that are eating our country away with debt.
Remember, this country can never mandate work. No work, no taxes. No taxes, no programs. No programs... we're going to find out soon.
Sabbot
" Cannot mandate work" Just wondering what is the old " loitering" law all about and " let the one that does not work neither eat"??
@Eagle Averro
Not sure I even understand what your point is. Can you re-phrase?
@MJL
The Governments job is not to make sure you have a job. All that Capitol Hill needs to focus on is reducing our spending. Especially on things like SS, Medicare and Cade...things that yield no revenue.
Ask yourself one question... does getting rid of SS, Medicare and Medicade make your life harder or easier? You said easier and that's clearly not a rasional expectation. Ever heard "If it's to good to be true it probably is." before? Its a hoax, an illusion... a Madoff scheme.
Your just taking money and our kids will pay the price. No? That's not true? Go to Social Security.gov and find their budget pdf's. They even project shortcomings if the system isnt changed. Wake up and smell the Socialism.
Stop watching Comedy Central for your news and look the answers up yourself. Fox is no less biased than your holy Liberal outlets.
Sabbot
It was Partly in Jest, the Word Loiter and its meanings are:" Synonyms
1. Loiter, dally, dawdle, idle imply moving or acting slowly, stopping for unimportant reasons, and in general wasting time. To loiter is to linger aimlessly: to loiter outside a building. To dally is to loiter indecisively or to delay as if free from care or responsibility: to dally on the way home. To dawdle is to saunter, stopping often, and taking a great deal of time, or to fritter away time working in a halfhearted way: to dawdle over a task. To idle is to move slowly and aimlessly, or to spend a great deal of time doing nothing: to idle away the hours. 1–4. loaf. 2, 3. delay, tarry." Post from Dictionary.com
In Most counties i know to " Loiter" can be Civil offence, am i right about your state?
@ S and H:
SS and Medicare are not designed to "yield...revenue..." because the government is not in the business of trying to turn a profit. They are in the business of providing for the common welfare and general defense of the people. It is a hard concept for the greed-driven idols like the Koch family.
@Diatribe
I understand that the Government is not in the business of turning a profit. But the money it spends, our money, needs to be used smartly. Thereby our money gains longevity and goes further.
As for Common Welfare... this is exactly my problem. SS, Medicare and Medicade is not common at all. They are quite specific. Especially with the Medi-twins. These expenditures are tailor made to individuals, which makes it Specific Welfare not General.
General Welfare would be interstates, for example. Everyone can use them. No one can take advantage of them. Oh...and they inderectly turn a profit.
Everyone, including you are driven by the need to gain money, status or otherwise. You wouldnt be on here posting your opinion if you werent.
Pro-Entitlement program folks will say one of two things defense,"SS and the Medi-twins are to help my fellow man." I always ask those people,"Are you giving that money you think should go to bigger taxes to the old folks homes or the homeless shelter?" then I get crickets.
Or you hear, "It's moine I earned it." To which I answer, "The numbers don't back you up." Social Security and Medicare/Medicade Tax income 2010- $865 B
Social Security and Medicare /Medicade Spending 2010- $1,494 B
------------------------------------------------------------------------------------
Total Federal Tax income 2010- $2,162 B
Total Federal spending 2010- $3,456 B
SabotAndHeat
I never said it was the Republicans or Obama's fault. I said that the Republicans don't want to fix the economy, nor do they want to create jobs. They claimed that they would create jobs for the American people if voted in office. They don't create jobs though, so how can they promise to do so?
I never put blame anywhere in my statement. I said that the Republicans don't want to fix the problem.
Once again, I never put blame anywhere...
Your splitting hairs. Fine you don't "blame" them.
It is not the governments job to get you and I a job. The entitlement attitude is destroying America.
I also know damn well it isn't the governments job to get people jobs or create jobs.
When did I say that? In fact, I specifically said that they don't create jobs. They claimed that they would create jobs, which is an empty promise since they don't create jobs.
Maybe you should learn some reading comprehension.
Making a blanket statement..."Every Republican candidate promises to give me a job" is absurd.
Like this...."Every Democratic candidate promised to install Socialism, then Communism in America."
Hiding behind ambiguous words like 'they' allows for massive generalizations.
The republicans were voted in because the republicans promised the people jobs. Is that clear enough for you? Maybe a few didn't but the majority did and it was enough to get them in office.
Obama bent over backwards on healthcare, so stop trying to revise history, unless you were born a few months ago.
Boehner is toast because his party has allowed a bunch of people who would rather see our country fail than to work together to succeed. This is fundamentalism at its worst. He has to come up with a deal that he knows doesn't stand a snowballs chance in hell of passing the senate, just so he isn't burnt at the stake by the Tea Baggers.
What is most amazing is how far we have had to go down this road and the hard right still doesn't get it. That is probably the most frightening thing.
Raise my taxes - I want to pay for what I get from this great country.
No Obama bent America over frontwards with his totally secret monstrosity of Obamacare. "Grab your ankles America" is Obama's new campaign slogan.
Dasvet
What secret. Obamacare was discussed more than the debt ceiling. The teabaggers lied and lost.
How could it have been discussed, there was no time to read it which was a broken campaign promise and Ms. Pelosi said "you have to pass it to find out what is in it".
Boehner negotiated in good faith with the President and thought that they had come very close to an agreement. Instead, Obama throws in his special interest "revenues" at the eleventh hour. Anyone would be p!ssed in that situation. Neither party is "right" here. Stop the damn blaming and bitching and call your representative. I am not in favor of the Tea Party, but I do think that Boehner actually is making an effort to divert disaster. Your denigration is all he is getting for his efforts. You people are a disgrace.
Boner may have wasted 3 days on his bill, but Blamma-Reid, lost the last 2 years, gee those guys are sloooooooooooooowwwwwwwwww!! Has to be the culture, or brainnnnnn deaddddddddd.
Obama had an overwhelming majority in both chambers.. if you are trying to say that single payer failed because of Republicans, what a bunch of nonsense.. The HCR bill is all Democrat all day long.. It looks like folks aren't able to "keep the plan they have", and it is going to be much much more expensive than the smoke and mirrors budget that Pelosi/Reid passed. It just might bankrupt the country.. and Obama and company owns it all. Don't worry, the Dems will be raising your taxes along with mine and everyone elses.
Exactly right! Work together and stop the "blame game". There WAS an agreement before Obama added in his agenda. The House is working towards a solution and the Senate is working against them...and btw Obama has NOT put forth his own plan, only critizing everyone,,,,so who is blaming whom???
Sean
Are you admitting that publicans cant read?
lmao
jerry you would be wrong. The Repubs had the HCR Bill amended several times to have what they wanted added to it.
jcook, where was this "overwhelming " majority? By my last count, it took 60 votes for a fillibuster proof majority in the Senate. But then facts are really not relevent to your point of view are they?
photoguy, look at the makeup of the Congress from '08 to '10. the dems had more than enuf to override any filibuster.
2 bills blocked by the senate Dems in 2 weeks... and these are the same imbeciles that actually push "obstruction" and "Party of no" rhetoric on their flock. No wonder fewer and fewer of the sheep are willing to pretend they are stupid enough to buy into it.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
PJam, reading the same thing after a few times gets tiring. I think you are trying to hard to get people to notice you lol.
That piece you have there is hardly balanced anyway, what is the approval rating of Congress eh?
http://www.realclearpolitics.com/epolls/other/congressional_job_approval-903.html
I will tell you so you do not have to read it, -54.2 as of last month. I wonder how low it is now.
Beast, I gueast you really have no point or can't count. If you are represpresentitive of GOP supporters, no wonder a deal can't be done.
By every mathmatics lesson I was taught, in public schools, 58 was not as many as 60.
peejam
We got it. You already posted this same trash earlier. Is your brain stuck in nuetral?
Repubs love twisting Pelosi's words. She was referring to the average American that would find out once the benefits started falling in their laps that it was a good thing. And it has. 1) Found out my boyfriend won't die because of a preexisting condition (cancer) when his company eliminated the accounting department and his job with it 2) Found out my kids can now be insured on my policy. 3) Found out that Blue Shield will have to return $187 million back to its policy holders because they milked them over the 15% profit and overhead limit (paid their top CEO $47 million last year on the backs of the sick)
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let's put the 2011 federal budget into perspective:
Mom, you must be living in some sort of alternate reality. Obama bent over backwards on Healthcare?!?! If you call bribery and forcing it through using a gimmick bending over. It seems to me that YOU are the one revising history...
Mom, I think you got things reversed: The American taxpayer was bending over and Obama was doing the bending
Mom,the right will NEVER, EVER get it! As lng as there is a person of color in the WH.
mom--I admire your passion and willingness to pay for what you feel you get. I encourage you to pay extra on your taxes this year--everyone who feels as you do is free to do so. You are free to make that choice. I object, however, to the insistence by others that I pay more. Unlike you, I don't feel I get my money's worth for the taxes I pay--so much waste is identified, daily even, in our government. You are free to choose to pay more--allow me the same choice and don't impose your will for higher taxes on others. Respect their choice.
Let's bump everyones taxes 2% (including the ones that pay nothing but do receive EITC), and vote out everyone that is up for re-election in 2012. The faster we clean house and get rid of the lobbyists controlling the politicians and making them aware that they work for us, the faster we get a balanced budget and start paying the debt down.
A Liberal can spin any lie to their advantage. Pres. Obama, bent over backwards?? You are the one with the revisionist history book. Someone was bent over alright, but it was the American people. Pres. Obama and his cronies rammed Healthcare right up our.....
@ the dissenters: "Taxes are the price we pay for a civilized society."
Never has this been proven truer- the reduction in taxation of the richest has resulted in an amazingly rapid descent to a fiscal barbarism unseen since the collapse of the Roman Empire.
Well, it's time for a little experiment: put taxes back up back to 71% for the highest brackets.
Cut spending too- but leave the "entitlements" alone- with the possible exception of the military- our biggest entitlement program ever, created less for the defense of America than for the benefit of all the parasites of the military-industrial complex. While I greatly admire our soldiers, I detest those who send them to die equipped with extremely expensive but often inferior equipment for the sake of profit.
Any one who wants to leave can do so with the understanding that they are not welcome to return, and by departure surrender their citizenship. In addition, they may never do business within our borders again- nor send any of their progeny top attend American schools in any way subsidized by government funding. Why should they be allowed to partake in the prosperity we could create absent their ongoing theft of all profit?
I've seen many absurd remarks on Newsvine.
Yours retires the trophy.
Speaking of which, your colonoscopy report came back. They found Judge Crater.
bobr, you and your leftie ilk can keep playing the race card all you want. Race has nothing to do with it....incompetence does. And that's coming from a registered Independent....so don't do the other thing that lefties do best which is lump everyone who doesn't approve of the president as radical right wingers or Tea Partiers...tool
bobr,
Stop being a racist...not once in any of these comments was Obama's ethnicity mentioned. YOU are the only one that brought it up... Obviously everone else on this board can look past your racist viewpoints and discuss the issues at hand like an adult.
Rachel,
You don't get your money's worth? You mean the troops who defend you from harm same as law enforcement, roads, bridges, air transportation, the greatest country on the face of the Earth, yet little Rachel doesn't "get her money's worth".
I feel sorry for the poor bast*rd who is stuck with you!
If you honestly feel that you do not already give the government too much of your hard-earned money, then fortunately for the rest of us, there is an alternative solution. The US government does accept gifts, so how about you put your money where your mouth is and write a big fat check to the government instead of proposing higher taxes for those of us that believe we already pay too much in taxes to fund Congress's fiscal irresponsibility and unfunded mandates?
See below, from the U.S. Treasury site at :
Why would anyone need to twist Pelosi's words? She sticks her foot in her mouth perfectly well without any help from anyone else.
Mom 2011,
Raise my taxes I want to pay for what I'm getting? I have paid taxes out of the wazoo, sometimes over 50% of my income. I get almost nothing. You either are a govt employee or you pay little or no taxes. Selfish, pretending to be unselfish.
so you're a braindead liberal that knows nothing but everything is the republicans fualt.
JK1963; I for one, don't give a rat's ass about the President's ethnic history, color, or religious creed (oh yeah! He belongs to a Church of Christ!! Just like my family and I do!). He SUCKS as President. He's a socialist, pure and simple! I work in the healthcare field. People, WAKE UP!!
The poor (on Medicaid) in this country are getting more thorough healthcare than You or I am! So we 30% are paying for 100% for the 70%. And Obama wants to increase that? GET A GRIP! And I'm speaking of only healthcare. One can keep their own insurance plan if they want to? ONLY if it is still offered (in many cases) by our employers. And who is going to guarantee that ANY employer will continue to offer insurance when there are "public" options which cost them not a dime? Will Pelosi guarantee that at 54, I am insured? I think not.
After all, SHE was the Dem who said "We'll go through the gate. If it's a high wall, we'll pole vault it. If it's higher than can be vaulted, we'll parachute in, BUT EVERY SINGLE CITIZEN WILL HAVE INSURANCE IN THIS COUNTRY!" But at what cost? Is SHE going to pay for me? My husband? My children? I seriously doubt it.
Folks, LISTEN to what is being said, and by whom, and forget this "Party Politics" shyte. We need to band together, as AMERICANS, forget the party lines and just watch out for all we citizens! If anyone disagrees,flame away!
not sure how to say this without calling it the dumbest comment i have heard thus far... you want to pay more? go ahead and start donating, because i dont think we the people need to keep paying the the non entitled, bigger government, and union jobs, not to mention a ridiculous Nobamacare, period! I dont go to work every day to pay for the government to hold mine, or anyone else's hand when they and i am perfectly capable of doing just fine on my own, thank you.
What you get? just what is it you get that you are willing to pay more for taxes on? only thing you are getting is a hand out by the sounds, and even then i doubt you have had to pay anything on taxes.
@photoguy, before Ted Kennedy passed, the Dems had their fllibuster proof senate, after his passing the GOP got their 41 (remember), and they owned the house and the whithouse, it was only through the voice of he people that convinced enough Dems to stop some of the BS legislation such as single payer. Now whth any hope in 2012 the conservatives will capture all three, house, senate and whitehouse and undo the mess caused by the progressive (unfortunately I use to be one). We are currently on a fast track to national destruction, caused by Obama, Reid and mrs botox Pelosi. but still not to late to fix.
@Mom2011: "
Raise my taxes - I want to pay for what I get from this great country."
FWIW, I'm more in the middle than on the right, but apparently I'm more to the right than you are. However, I also want to pay my fair share, but I DON'T want to pay more just because it's easier for our elected officials (ALL of them, not just R's and not just D's) to 'increase revenues' than to review the pile of garbage they already waste our money on and cut it down to essential, constitutional activities. Anyone in this conversation that doesn't want to pull their own weight is just living off the gov't handout and their arguing stance is obvious and can safely be ignored (notice I didn't say those that *can't* pull their own weight).
What never seems to creep into these conversations is an accurate accounting (or even an attempt at one) about how much the federal government does that it simply should not be involved in. Even a cursory knowledge of how things work shows you that trying to solve the problems of 300 million people with the same one-size-fits-all solution can never work, even if you ignore the constitutionality issues involved.
I'm not opposed to your favorite social project - just do it at the state or county level and let the feds handle the few explicit things they are supposed to handle. I'm hoping I live to see the day when people care more about who their county sheriff and their governor are than who the POTUS is or how often his slacking ass goes golfing.
Hi Di,
You mistook my comment. I meant it as a criticism of bobr. I get tired of people using some supposed hatred of his ethnicity as an excuse for his poor leadership. That's all...
jcook140
The HCR bill is basically the same thing passed in Massachusetts years ago. FYI, it was a REPUBLICAN that passed it. People call it RomneyCare. He actually stated that it should be used as a model for a national system (when a republican was in power) BUT when the government actually took his advice, he had to backtrack and try to come up with why it isn't a good system to use nationally... So, I would like to ask you why, exactly, do you believe this was a democrat bill, when it was actually created by a republican?
http://thinkprogress.org/health/2010/04/08/171371/romney-mass-model/
Do you want to know what the biggest difference is? This is going to really piss you off... The biggest difference is, one covers abortions and one doesnt! Guess which one covers abortions? Ill give you a hint... It was RomneyCare!
http://thinkprogress.org/health/2011/05/12/172080/romneycare-obamacare-similarities/
Im sure you arent going to look at these links because they would prove to you how wrong you are, so I would like to summarize with this...
“We said people have to take responsibility for getting insurance if they can afford it or paying their own way. No more free riders.” - Mitt Romney
Also, something to ponder...
Given that Romney has previously characterized his state’s approach to reform as “the ultimate conservative idea” and “a Republican way,” one wonders why he would be so opposed to repealing a national version of his successful reforms.
My thought is, if it does fail, and you want to blame someone, some fault should go to Mitt Romney, after all, it was his plan that was put into action long before Obama was elected. He urged the government to implement his plan nationwide, and now is acting like it isn't a good idea... Im sure it would have been a great idea, if only a republican were president..
Mom2011....you're an idiot.
@Mom
Raise my taxes - I want to pay for what I get from this great country.
First, in order to "pay for what you get", your taxes for SS and Medicare and Medicade would have to be doubled!
Social Security and Medicare/Medicade Tax income 2010- $865 B
Social Security and Medicare /Medicade Spending 2010- $1,494 B (this amount accounts for just about half of our budget, 47%)
Second, if your so willing to be taxed that extra money... why arent you taking it and saving it... or better yet giving it to your fellow man. Why arent you going down to the shelters and giving to the poor right now? Why arent you giving it to medical charitys already? It's not your fellow man your looking out for... it's yourself. Your not alone....
Both Conservatives motives and Liberal motive are self serving. The difference is the Conservatives want you to keep what you've worked for and Liberals want you to keep what I've worked for.
Lastly, bicker and cry all you want about the deadlock over the budget. Guess what... American voters wanted that deadlock in order to stop President Obama's Socialist goals from materializing. An inconvenient truth for Liberals to be sure.
Take care.
Full Pelosi quote, not as edited by the right-wingers: "But we have to pass the bill so you can find out what is in it AWAY FROM THE FOG OF CONTROVERSY." Meaning is certainly different when you hear the full quote, isn't it?
Truth is never clouded by controversy.
The fog of controversy? A bit of a cop out.
"Truth is never clouded by controversy."
Oh, right. Birth certificate, anyone?
@DrDr
The whole birth certificate controversy would have been a non-issue if Pres. Obama had supplied proof when he was first asked. It is a legal requirement to hold the office, why did he feel the need to hide it so long? And remember, he promised to run the most transparent administration ever. So, either he was giving the entire country a giant F%^k Y*u, or he had to wait until someone could manufactured proof, I'm more inclined to believe the former, but his delay tactics certainly makes him look like he was hiding something.
As for Pelosi's comment;
I don't care what she added onto the end of the statement, AWAY FROM THE FOG OF CONTROVERSY." does not change the fact that she still insisted that the bill be passed without letting the country know what was in it until after it was passed, kinda violates the Freedom of Information Act. HCR was/is an illegal law that was forced on a people who, as a majority, were adamantly against it. The Democratic controlled Congress forced it through using the Slaughter Strategy, a blatantly un-Constitutional act which allowed them to pass a bill without allowing the House to vote on it. So you wanna talk controversy? Believe me, Pelosi has supplied more than enough controversy all by herself to write volumes about.
"The whole birth certificate controversy would have been a non-issue if Pres. Obama had supplied proof when he was first asked."
He did. The EXACT SAME form provided to every citizen of his state. But it wasn't enough for the birthers, so he had to eventually go around the law to get a photocopy of the original THAT NO ONE ELSE GETS and that has NEVER been required for any previous candidate. And some of the birthers STILL don't believe it.
I'm sorry you don't understand Pelosi's comment in context. Perhaps if you took the tea bags out of your ears....
"HCR was/is an illegal law that was forced on a people who, as a majority, were adamantly against it."
False. Half of us wanted it then, and half of us are still in favor of it today. A large number of those against it feel it doesn't go far enought.
No, he supplied a document that did not list a place of birth, just a document supplied by the state which acknowledged a birth registry, that can be done for those born abroad. For the record I was never a "birther".
That's the best reply you can come up with? Substance isn't your strong suit is it? I understand her perfectly, you can buy her BS if you want to but what she said was "we'll tell you what's in it after it is too late for you to do anything about it"
Again No. At the time it was passed only 39% of the population polled was in favor and 59% opposed it. At the current time support has slipped to 37%.
I'm going to go on the assumption that you meant to say "of those in favor...", because otherwise this just makes no sense. Ok, but then, 13% of you isn't a large enough number now is it?
And those percentage facts come from CNN so I don't wanna hear any BS about FOXNews, I don't watch them very often.
BTW doc,
Oh really? How is it going around the law? And if it is then you're saying Pres. Obama violated the law? ANYONE can get a photocopy of their original birth certificate, all you have to do if file a request and pay for it. (Wanna guess who probably paid for it in this case?) I have, and have always had, a photocopy of my original birth certificate, my mother got it for me when I entered school, back then you had to show one to be enrolled.
"No, he supplied a document that did not list a place of birth, just a document supplied by the state which acknowledged a birth registry, that can be done for those born abroad."
No, sorry. That's false. The COLB originally supplied states the state, island, and city of birth just as every one supplied by this state does. See here: http://fightthesmears.com/articles/5/birthcertificate
"For the record I was never a "birther"."
Your words say otherwise.
"I understand her perfectly, you can buy her BS if you want to but what she said was "we'll tell you what's in it after it is too late for you to do anything about it"
In other words, because she represents the other party, you will deliberately misunderstand her words. If it's not meant to be misleading, explain to me why right-wingers NEVER quote the full quote.
"And if it is then you're saying Pres. Obama violated the law? ANYONE can get a photocopy of their original birth certificate, all you have to do if file a request and pay for it. (Wanna guess who probably paid for it in this case?) I have, and have always had, a photocopy of my original birth certificate, my mother got it for me when I entered school, back then you had to show one to be enrolled."
No, he had to file a special waiver through an attorney to violate the state of HI's policy to obtain a photocopy of the original certificate. See here: http://www.factcheck.org/2011/04/indeed-born-in-the-u-s-a/ I'm guessing you a) don't live in HI, b) know little about the procedures or law in HI, and c) have not had to get a recent copy of your BC as the procedures may have changed in your state also. You're aware laws differ by state, right?
"Again No. At the time it was passed only 39% of the population polled was in favor and 59% opposed it. At the current time support has slipped to 37%."
In the CNN poll you cite, of the 59% who oppose 13% believe it does not go far enough. Your perspective is a little simplistic. See here for a list of 10 polls and their outcomes: http://healthcarereform.procon.org/view.resource.php?resourceID=004168 As you can see, for the most part, the opinions are divided pretty equally on either side.
Current polls show support pretty evenly divided as I said. Gallup: http://www.gallup.com/poll/146729/one-year-later-americans-split-healthcare-law.aspx and Kaiser: http://healthreform.kff.org/scan/2011/may/may-kaiser-health-tracking-poll-views-of-health-reform-law-remain-unchanged.aspx and Bloomberg: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1aj4z4GhbH8
doc,
I see you read what you want to.
I never said I doubted his word on it, I said he could have laid this to rest long ago, HI policy aside. Instead, Pres. Obama put a lid on the information. I understand his desire for privacy, but the Freedom of Information Act alone would allow him to have gotten the documentation any time he wanted to. The Constitution requires citizenship, some citizens wanted solid proof (they have that right), he could have done it at any time.
A. Her party affiliation is irrelevant. B. No misunderstanding. Pelosi's comment, the whole comment, said to the country "We will tell you what you get after we decide what is best for you". Away from the fog of controversy is just a way of saying "so we don't have to listen to your complaints about it".
Did you hear me say all who opposed HCR were against some form of healthcare system? No, you did not. My statement simply showed that only 37% favor HCR as was forced upon us, using unconstitutional methodology. My statement was that the majority opposed HCR, not why they opposed it. Stop reading things that were not written.
Never mind, you will read what you want out of this anyway if for no other reason than to be obstinate.
"I said he could have laid this to rest long ago, HI policy aside. Instead, Pres. Obama put a lid on the information. ..... The Constitution requires citizenship, some citizens wanted solid proof (they have that right), he could have done it at any time."
He did not 'put a lid' on the information. He provided the EXACT SAME documentation that EVERYONE gets from that state. He has been the ONLY president who has ever had to PROVE his citizenship in recent memory. Why is that exactly? And when is enough, enough? You're aware that some of those 'citizens' are still not satisfied, right?
"Pelosi's comment, the whole comment, said to the country "We will tell you what you get after we decide what is best for you". Away from the fog of controversy is just a way of saying "so we don't have to listen to your complaints about it"."
That's not what it means at all. It means that certain parties were intent on confusing the issue with falsehoods (death panels, Obama's 'army', etc.) and with all that nonsense, the average person had difficulty seeing the benefits. No more, no less. And the statement has been taken out of context over and over by folks attempting to continue the confusion.
"My statement simply showed that only 37% favor HCR as was forced upon us, using unconstitutional methodology. My statement was that the majority opposed HCR, not why they opposed it."
Like I said, your perspective is too simplistic. I notice you did not comment on all the other polls I provided that demonstrate we are divided pretty equally on whether we like HCR or not.
I think he is the only President EVER to have to prove it, he is the only one who has ever been questioned about it. Why? Because someone somewhere raised the question given his family heritage and upbringing. Racially motivated? Maybe, or maybe they had questions since he was raised out of this country and had a radical Communist upbringing, I don't know for sure. As for me, I am perfectly satisfied with the documentation provided that he was born here. (I am curious about his citizenship status since he went to school in Indonesia where it is a requirement that he be a citizen of the country to attend school there, but that is another discussion for another day.)
So you are denying the existence of death panels in HCR? Then you have not read it.
Page 425, line 4-12: The government mandates advance-care planning consultations. Those on Social Security will be required to attend an "end-of-life planning" seminar every five years. - This is Death Counseling.
Page 429, line 13-25: The government will specify which doctors can write an end-of-life order.
Page 272. section 1145: Cancer hospital will ration care according to the patient's age. - Rationing.
Here's one Pres. Obama swore would not happen
Page 50/section 152: The bill will provide insurance to all non-U.S. residents, even if they are here illegally.
So would this be the "fog of confusion" she wanted to avoid seeing the light of day?
Now I have no idea what you're talking about with "Obama's army" never heard the term so I Googled it and found nothing that appears related. (But I did see this, http://www.wnd.com/?pageId=107357. This have anything to do with what you're talking about?)
The average person is a lot smarter than you give them credit for, we have the right to hear the variables and decide for ourselves, not be told that we'll be made to understand after it is too late. The last thing in the world I want is for that Socialist woman's ideas to decide what kind of care my son gets.
My perspective was intended to support my statement, that being that the majority of Americans were opposed to HCR, they were and still are, their reasons for opposition were never a part of my comment.
As for your poll comment actually I think I covered that when I said:
But by your own statements, 13% of those who oppose it think it should go farther. So, that does NOT translate to those 13% favor HCR, though maybe you should get a job with Gallup or something, they like people who can manipulate data. My point still stands.
I also notice you have never chosen to respond about the unconstitutional "Slaughter Strategy" method that was used to force the bill through against the will of the House and the People.
Vote NO and kill the bill Let Obama use the 14 amendment . Then it will be his baby good are bad.The Senate can not pass the other bill because you can kill when it gets to the house just like they are going to kill you bill.All of this is just a waist of time.
Bama, the left will still blame it on Bush, even if they do spell it Busch.
At least one member of the "left" knows the difference between waste and "waist" and cannot is one word. It's that "elite" education, I guess.
It is time to stop Obama spending spree.
Bama, what spending has increased since Obam took office?
What cuts have the GOP/TP made since they took office? Where are the jobs bills the GOP said they were focused on when they were running?
Bama is already history.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
OK girl, it's time to stop the repeat stuff. It does not prove anything, no matter how many times you repost. It is just ignorant and annoying.
Too bad for the GOP that that "generic Republican" isn't running for President, pjam09.
Just a bunch of loonies.
Of course Reids "plan" was rejected, even calling it a plan is a joke, it's simply more of the typical Dem smoke and mirrors.
Boehners plan:
First, Congress would have to approve $1.8 trillion worth of debt-reduction proposals by the end of this year. Those proposals would be made by a joint committee the bill would create and no amendments would be permitted.
In addition, to secure the second debt ceiling increase Congress would have to enact a balanced budget amendment by a two-thirds vote in the House and Senate, which is very difficult to secure.
Overall, Boehner's bill would increase the debt ceiling by a total of $2.5 trillion in exchange for $2.7 trillion in debt reduction.
Reid's plan:
By contrast, Reid's bill as amended would set a procedure to raise the debt ceiling by $416 right away and two more times after that for a total debt ceiling increase of $2.4 trillion, in exchange for $2.2 trillion in debt reduction.
Reid's cuts count roughly $1.3 trillion in war savings in Iraq and Afghanistan, including debt service costs. But those savings can only be claimed if one assumes that U.S. engagement in Iraq and Afghanistan will continue at full throttle for the next decade, WHICH IS NOT REALISTIC.
Like Boehner's bill, Reid's legislation would create a joint committee but it would be charged with proposing ways to reduce annual deficits to 3% or less of gross domestic product. And while the Senate would have to vote on those proposals without amendment, there is no requirement the proposals be enacted.
http://money.cnn.com/2011/07/29/news/economy/debt_ceiling_reid_boehner/index.htm?hpt=hp_t2
The majority of reids cuts are imaginary, only even calculable by assuming something that we already know is not true (full throttle Iraq and Afghan wars for 10 years). Even WITH the FAKE cuts it reduces less than it increases in borrowing, and even more importantly it allows the borrowing to continue WITHOUT ACTUALLY MAKING ANY PROGRESS IN CUTS.
Dems certainly know how ignorant and party-owned their followers are to put out something like this and actually have the nerve to call it a deficit reduction plan.
pjam09: I see you've pasted that same comment FIVE (5) different places. Back at it again. Are you getting paid for this?
pjam09,
I can't believe this. We are about to default on our debt for the first time EVER b/c of the right wing tparty nuts, and you're more concerned about Obama's approval rating.
That speaks volumes.
That speaks volumes.
That speaks volumes.
That speaks volumes.
I added the last three for your repeating posts.
I am having a hard time understanding the Democratic rehetoric. The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate. I don't understand why the Democrats are insisting on shutting down the government. Actually, it might be a good idea, but I am wondering why the Democrats are so determined to shut everything down.
Obviously, the Senate Democrates hold all of the cards. The Senate Democrats have the power to pass either bill anytime they want. Why won't they do it? Are they trying to cause a collapse? I guess so, and if it happens, then the Senate Democrats will be completely responsible for what happens. Am I right or am I right!
What?
You MUST be joking.
The democrats HAVE compromised on everything the repubs wanted except their desire to go thru this entire madness again just before Christmas - further damaging the economy during the critical Christmas shopping season.
The republicans have compromised on absolutely NOTHING. In fact, their last bill moved even further away from a compromise.
"The Democrats say that all it takes is compromise. If that's true, then all the Senate Democrats need to do is go ahead, compromise and agree to either bill that the House has sent to the Senate."
What part of 'compromise' means DO EVERTHING the other group wants?? EVERYBODY has to move from their position. The House has NOT compromised AT ALL.
Alan,
Do... do you actually understand the definition of 'compromise'?
Some republicans have actually signed PLEDGES stating they they will NEVER, UNDER ANY CIRCUMSTANCE raise taxes.
Economy tanking? No tax increases.
People starving on the street? No tax increases.
World War Z breaks out? Still no tax increases.
In other words, in a stunning show of 'compromise', some Republicans have signed hard-line pledges that they have to keep regardless of the condition of the country. Which, incidentally might one day conflict with their pledges to be loyal to America.
Food for thought.
I wish the Obama campaign would start hiring posting volunteers that can spell. We all make spelling errors but at least we can handle the simple, words we use in our neighborhood.
Shaking my head: that's actually pretty funny since you can't handle grammar or basic punctuation.
The mantra of a blank check doesn't cut it, when this is about allocations of costs from past Administrations and Congress.
It's ironic how so many persons keep saying that President Obama is not, or hasn't done anything in office as it pertains to the deficit or taxes. When that in and of itself is farthest from the truth. The only branch of Government that haven't done their jobs is Congress. All this talk about the President has never entered a bill during his presidency is ludicrous. He can't. He's not supposed to. The President of the United States cannot write bills, he can only sign them into law or veto them. What he CAN do is have someone in Congress write one for him.
Thus, all you who bellow he has done nothing as far as writing a bill, you're absolutely correct; because constitutionally speaking his hands are tied. That job belongs to Congress. So if you are going to debate the ills of the Presidency, at least have your facts straight, or get to know your constitution well enough to bring thought to your debate. Rhetoric and vitriol can carry you but so far. And the only way a bill will get passed through Congress is with compromise, not hijacking an economy.
So what should we learn from freshman senators of the TEA Party? That they will not allow a Democratic President to pay for bills incurred on the Republican watch? Why weren't there prerequisites to the 18 times Ronald Reagan asked for a debt ceiling increase? Or the seven times George W. Bush asked, and he was cooking the books by keeping two wars off the budget, while increasing the debt to over $10 trillion? One ( deficit reductions to the budget ) has nothing to do with the other ( that being the debt ceiling increase ). You don't hold a President ( or a country for that matter ) hostage, for bills enacted from the past. The rhetoric I keep hearing from Republicans on the Hill, is that they want to do what any ordinary citizen would do with their household bills. If that is the case, then shouldn't past bills be paid? What average American tells the bill collector when they call that, " I will not pay you until I cut my spending in the future? "
I understand what many are saying and I agree with you, the runaway spending has to stop. But realize that in the year 2000, Bill Clinton got the National Debt down to $18 billion dollars. I am neither Democrat nor Republican myself, but this I do understand: while we need to cut spending ferociously ( not savagely ), the federal government still needs revenue, and unlike a private business they have no true product to sell, and what products they do "sell" is the service of their sovereignty.
Thus in order to give us that service, we the people have to pay taxes. We must, if there is to be any government to stand for. If we cut just spending, there is no way for the government to grow, or for the country as a whole to expand. We'd be cutting infrastructure projects, research and the education of our future generation. So at some point, taxes or better yet, the closure of tax loopholes within the Tax code must be addressed to increase revenue. And as we can all read, that is what is not being compromised. That effort to do so doesn't take ideology, that is just common sense. Bill Clinton proved this and got the Debt down to $18 billion dollars on that same premise. Instead of having a surplus and limited spending, that money was squandered away over eight years, and with the addition of tax cuts, no true revenue was there to replace it. You don't have to go to any fancy school to realize, that if you're playing Monopoly and you don't build up Baltic Ave. with infrastructure to increase revenue ( which will require some spending ), don't expect to win the game 4 hours later with the rent at just $6 dollars.
In the government's case? While there is runaway spending, the revenue of the United States of America must increase. And on Capitol Hill, Republicans are too moot to compromise in any shape, form or fashion when it comes to revenue. Attaching that stance to the debt ceiling is ludicrous. We as a country for over 235 years has paid our bills. Even if we have to use fiat money ( and fiat money is the only way to go about it these days... ask Richard M. Nixon how the rest of the world was stealing from us because we were the biggest country in the world on a gold standard, and thus had to take the US off of it ). Lastly, runaway spending is not the reason there are not any jobs, or a deficit for that matter. For a decade, the Bush Tax Cuts were in place and there was little or no job creation. With no increase in jobs or even the standard of living for the middle class, there was no broadening of the tax base, which would have increased revenue, and should in part lower the deficit. To continue in the same vein will lead to the same results. With that said, you need things like Social Security, Medicaid and Medicare in place. Not savagely cut, since tax cuts have not created any jobs or growth to the middle class in over a decade. And with this recession, many are in need of these services. Why didn't just the Democrats stop these things when they were in control of the House and the Senate? I think the answer is clear. Any side can bully, but compromise is the greater peace. And instead of doing so, both sides did nothing. Yes, as a country, we have to cut our spending. But more importantly we have to pay our bills. And just as important we need to increase revenue, and not squander our surplus. Because if you do, you'll not have a government... let alone no taxes or job creation to instill or debate.
We've allowed the Private Sector to do just what many of you have said, for the past eight years. Where are the jobs? There has been no tax increase for a decade. Where are the jobs? In that same decade, most of the American jobs have been outsourced to foreign countries. We've even bailed out a few institutions in the hopes that they would hire and/or loan money, instead they gave themselves bonuses and retreats. Where are the jobs? Some corporations are getting $0 taxes. Which company should we allow to build the country's infrastructure and just how or who is going to implement or pay for it? Tax bases have been broadened, yes... they were just not broadened in this country. Where are the jobs? While I agree to an extent that the private sectors should create jobs, the only incentive for them doing so, shouldn't be just tax breaks and loopholes. It doesn't work, in and of itself.
Because when one does just allow or leave that only to the Private Sector ( pure job creation ), we have the guise of "Uncle Tom's Cabin " all over again. Hence the need for governmental regulation and growth. If the laws that are legislated are to only shrink the one force that would police the people from themselves, we cut off the nose to spite the face. There wouldn't be a need for a minimum wage. Companies wouldn't have to provide benefits. Or vacation to their employees. Eight hour work weeks turn into 10, 12 etc.. And from where I sit, I see that happening again, already.
The government like anything else will always need new obligations, because of the cost of living, inflation, etc.. and not even corporations show true balance in their budgets. It's either a surplus or a liability. Entitlement Programs work both ways. While it is easy to say, let's play" Soylent Green" with the elderly, or take a stark look at lower income families that abuse welfare programs, what about the tax loopholes that are taken advantage by the richer of the three economic class systems as well? That is why there needs to be a balanced approach to the breath of government. Stop paying farmer's NOT to grow produce. Stop forcing lower income families to live off entitlement programs; we definitely need to do that. But we also need to stop giving specific breaks and loopholes to specific industries, individuals and companies, who find it mete to take their profits and sit on it, instead of broaden the American tax base as everyone espouses is supposed to happen because of it, but has yet to be seen within the last ten years .
I know what government has to do. We all do. It doesn't need to shrink to oblivion nor outgrow the people. It needs to be a voice for the needy and allow Private commerce to prosper. In balance, not as a one-sided point if view. And if countries like Australia can provide the same entitlements and obligations to both individuals as well to the Private Sector, if Canada can make their dollar stronger than ours in less than ten years and still provide entitlements to their populace. If Norway can do it, the Netherlands ( and still have their currency tied to a gold standard ), surely the Greatest country on Earth can as well. But it takes a centrist view and by that I mean compromise by both sides of the spectrum. What we have going in our government right now are fraternities that can't come to a common ground, until the week before Christmas. And the only thing they can agree upon at that time, is to give themselves a raise.
By the way, I've not been indoctrinated in the need of anything left, right or independent... other than a need for the dismissal of Nepotism within this country.
Have a Nice Day.
Jonathan, you have said all I would like to and so well. Good job. It all boils back to pre Bush tax cuts and closing the loop holes, and then we could pay down this debt, and still have our SS. medicare and help with the states medicaid. As you said other country's can do it and so could we. The one thing you didn't say and I would is people on welfare that can work give them a job, like the WPA I remember that and it does promote pride.
Jonathan; Well put and thank you!
@ Jonathan Yard Jr.: A very nice, well-rounded essay on the essentials of the situation. You lost the right about a paragraph in- it's hard to educate those with the attention span of a fruit fly, which is why their talking heads tend to endless repeat lies over, and over, and...well- you get the picture. Kudos regardless!
There should be a comma after "errors", and no comma after "simple".
Jonathan,
Your grasp of things exceeds somewhat your ability to communicate that grasp most effectively. Yours might well become a very powerful and influential voice if you submitted your written ideas to the scrutiny of a talented editor to help you fine-tune them.
As it is, the many convoluted constructions in your text, the obscure metaphors, the unnecessary verbiage tends rather to dilute the impact of what you are trying to say.
As a rule, the journalist's proverb, "Less ink," applies, and I am not at all referring to the length of your post, but the length of your clauses.
You have considerable potential as a writer. A competent editor/professor could make a huge difference in what your written text looks like a year from now. For all I know you may have a PhD in Education, but I would still think that spending a year at a community college or university getting feedback from experienced editors would prove beneficial if you were willing to accept their feedback.
FeO2,
You captivated the left by referring to the "right" as having the attention span of a fruit fly.
I'm sure they're all in awe of you now. You're so clever. Proud of yourself?
Mindless ad hominem attacks have always been popular on the left. This is not, however, of a kind with that, since the preceding statement is simply objectively true, being neither a nonsensical, insulting, middle-school metaphor nor any kind of mockery.
Why are leftists so preoccupied with the sneering amusements of middle school semi-adults? Rhetorical question, yes. But possibly revealing. Is that where their minds became stuck on the narrowest, most immediate self-interests and refused to further expand? Perhaps. Yes, I think that's a plausible theory.
Again, I felt no need to resort to juvenile mockery to put an effective spotlight on a stereotypical example of a certain species of stark-raving folly.
But for the sake of descending to your level let me try my hand at that by asking:
Why is it that leftists so often talk like they have a smear of un-wiped snot under their noses?
No fruit flies in here, little boy. Did you notice?
John307,
Jonathan's essay was well-written -- and compelling, I might add. I think he expressed what many educated people who, while political, can view the situation with a bit of empricism. Your blow-hard critique lof his style is nonsense.
Jonathan: Bravo! Don't know if John's pompous little snips annoyed you at all, but pompous asses like that deserve to be laughed at.
Jonathan, I think I love you.....FeO2, your comment was unnecessary.....John, GET OVER YOURSELF!!!!!
It's quite amusing that this: "Why are leftists so preoccupied with the sneering amusements of middle school semi-adults?"
and this: "Again, I felt no need to resort to juvenile mockery to put an effective spotlight on a stereotypical example of a certain species of stark-raving folly"
are in the same post.
A correction to my piece. I said the National Debt was just $18 billion in 2000. That is wrong. It increased by no more than $18 billion. Thank you to all who enjoyed my piece, your welcome very much as well. I've re-posted this piece twice more, and the feedback has been the same. I think I should be proud of my insight. Again thank you.
Jon3078515: Thank you for your insight. Perhaps you know of an editor with whom to start with, if so... I'd like to see/hear what he/she has to say about this potential that I have that you speak so highly of. If you can leave a message in my comments and feedback section of my profile, I will be more than gladly to oblige the endeavor. Thank you in advance. It is greatly appreciated.
Diane3836960? I think I love you too... LOL
Thank You again to everyone.
Have a nice day.
What do the Democrats find so offensive about a balanced budget amendment?
What's wrong with a balanced budget, by law.
Democrats are going to act like they didn't hear that one, Kinda like the semen on Monica's dress that got no reaction at all either.
Is that the new GOP talking point?
The GOP controlled the WH and both houses when Bush took office. Where was their impassioned drive to restrict their own spending with a BBA.
You are a pig and a moron. Please stay inside your trailer at all times.
It was wrong then, and it is ten times as wrong now as then when we were not facing bankruptcy.
What do the Democrats find so offensive about a balanced budget amendment?
ED, please study up, do your homework and come back and see if you need to ask that question again.
Or try to Google it.
I'm not sure Ed. I'm not a republican and have never been one but I would like to see a balanced budget amendment. I always thought it was a good idea. For some reason it is considered a non-starter by some.
Can somebody on the left please answer Ed's question? I'd like to understand it as well.
You mean besides it being unconstitutional, like the "Line Item Veto"?
Or, could it be because when the elephant people go off and start bogus wars, or when a good prez wants to start a real one, he cant because there wont be any money?
In short, it's bad/stupid law.
LOL! That's pretty funny. Do you even know what an amendment is?
The balanced budget amendment is a non-starter for free spending democrats, who think they can spend and tax their way out of anything.
The last budget balanced amendment, I believe, was in 1995 and failed by one vote in the senate after passing in the house. Remember a constitutional amendment needs 3/4 vote in both houses then ratification by 75% of the states within a time frame that is set by congress. BTW, only one state does not have a balanced budget law. So the federal government needs to live by the same rules.
@sbs Are people that live in trailers sub human to you??That's not very nice.
All the States are required to balance their budgets... even the liberal ones. Sounds like the liberals just don't want to face the simple fact that there is not enough rich people to pay for everything they want.
Real cuts now!
Kemestry,
Is Libya a good war
Jerry
Iraq was based on a lie. We dont have boots on the ground in Libya do we? Thus, unlike you or the rest of these tea bagging, right wing , birthers, having actually served. YES, it's a good war. We arent in it!
Yes Swan
Some amendments have been overturned. Thus, my statement
Rodney
All states have a line item veto. That is unconstitutional as well. If you were a true Reagonite, you'd know that.
sfcret
I believe you are wrong on the facts
What is wrong with a balanced budget amendment? Plain and simple, it completely ties the hands of people down the road to deal with an emergency or large crisis. It would mean NO CREDIT what so ever and that the US would have to be able to pay for everything up front (sounds great in principle until the metaphorical airconditioner breaks and, while you would have been able to replace it immediately if you had credit, you have to wait a year till you can pay for it in full and in the meantime Grandma dies from a heat related stroke).
I guess those supporting one would rather we had lost World War II and would rather have had the Third Reich/Nazis running Europe, because that is what would have happened since America would have been unable to participate in WWII without running at a deficit. We wouldn't have been able to defend ourselves after Pearl Harbor and would not have been able send troups to Asia or Europe to help stop the oppressive regiemes there.
I would rather not hamstring future generations flexibility to deal with genuine crises because today a minority group is playing domestic terrorist and holding the rest of the country and world's economy hostage to views that the majority of the country does not agree with.
As a person who has a degree in economics (not that that will mean much to the Republicans), a balanced budget amendment is NOT a good idea. Just look at the past few years when the private sector was on the very brink of collapse. Private banks had been deregulated to the point where they were selling "investments" that were so complicated and such junk that they brought the world economy into deep recession. The only entity with the ability to spend money (to stimulate the economy so it would not slide into deep depression) was the US Government. If we had had a balanced budget amendment, Washington would have whistled while the country and the world plunged into depression. Yes, our government does spend too much (especially on bombs and other military expenses). But remember...we elect our representatives. Ultimately, we are to blame. Most Americans cannot be bothered to participate in their government. They have to catch the latest episode of the Voice.
And kemestry - in the interest of getting out the facts, you are mistaken about state line item vetoes. Some governors have line item veto authority because their state constitutions provide for it. The federal constitution, as interpreted by the Supreme Court, have determined that the federal constitution does not provide for a line item veto. Also, a constitutional amendment, by its definition, if property enacted, cannot be unconstitutional. What you may be thinking of is State constitutional amendments that have been ruled unconstitutional under the Federal constitution.
Ca Bear, it is refreshing to have someone that really understands how the economy works here.
Cheers!
sbs-1267029, you're suspended for a day for violating #1 of the Code of Honor.
This is political theater and they should sell tickets for it to increase revenue.
Boehner's emotional speach was all about himself and the political game he has been playing. If he gave a D about this country, he would went to Pelosi and Reid to negotiate instead of the TP radicals.
He should get a bill for the time and money he has wasted with this farce.
Bahahahahahaha...Pelosi and Reid....bahahahahaha!! Thanks for the laugh.
He did go to the Democrats. He also went to the Tea Party. He went everywhere to try to reach a compromise....Nobody would listen and I don't blame him for being p!ssed.
"He should get a bill for the time and money he has wasted with this farce."
Ever hear of a filibuster? Politicians have been wasting time and money since the beginning. Boehner, or any other politician, is no better or worse than any before him. The difference is the advancements in media have made contemporary politicians more public than those of the past.
How about taxing the rich, corporations & getting rid of loopholes. Or better yet going to a flat tax. You make this amount, you pay that amount. They might have to have a few levels depending on the amount. Why is it that Boehner basically said that taxes were off the table. We have to have more money coming into the system so that we can pay our bills.
BO wants the govt to keep taking your money and get a blank check, so the debt will grow grow grow. then in a few years you will blame the capitalists?
Barabas
You sound like the Add which is BS, GW wrote the blank check go research the history.
Dont get it, so you blame the guy frustrated about doing his job, you hate govt. theatrics so you again give your fearless leader a free pass while he desperately looks to the ignorant public with a TWEET message instead of getting something on the table. Whatever , you all keep blaming the Conservative and corporations yadayadada, but then you keep shopping at WalMart, Target, McDonalds , Carrabas, keep traveling on jets, keep driving your multiple cars,,,dont you even realize they are the hand that feeds you freedom without excuses. Dont you get it, you are living in a metro contemporary culture and the services adn the stores and malls are brought to you by your own decisions to go there, thats not greed thats serving the public and serving the consumers. And you feed the mega over excess advertising given to you by keep watching cable and satellites, these are what people choose in this nation. These are who we vote for and the towns we live in, we like our freedom and our cars and our fast food at times, there is a time and place and season for everything. despite popular belief most would die for our lifestyle and are trying to come here to have it, and Russia totally loves US and McD's and they are no longer trying to kill us. capitalism won, wake up.
Obama does not have blank checks. Republicans control the Congress, which is the entity ( and the only entity ) that has the power to authorize the funds.
Barabas - The GOP got a blank check on tax cuts under Bush - their collateral was a promise that it would create jobs.
WHERE ARE THE JOBS, GOP?
I can repeat , too, bobbyg.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
I like your style, FR sent, we have mutual friends. :) :)
That's just Heritage Foundation drivel that 55% of Americans pay "no taxes".
Federal tax revenues are made up of income taxes (42%), PAYROLL TAXES, (40%), corporate taxes (9% !!), excise taxes and a few other small items.
U.S. Federal Tax Receipts - Fiscal Year 2010
ALL of those payroll taxes are paid by working people, and NONE by the investor class. And all taxes have been pushed off more and more to working people over the years, and less and less to the wealthy and corporations.
So tell me how the heck 48% of the people pay ALL the taxes if working people pay 40% of them.
God, why is the right SO bad at math. Maybe it's those red-state schools.
The American economy is being stolen by American corporations.
While they've amassed $1.9 TRILLION in cash, we've been working to provide 60% of them with FREE roads, FREE schools, FREE firefighters, FREE police, FREE military protection, FREE everything (since they don't pay ANY taxes). And to add insult to injury, we're contributing our hard-earned tax money to give them a TAX REFUND:
Forbes - What the Top U.S. Companies Pay in Taxes
How many working Americans did it take to make that refund for Exxon?
Super rich pay a lot less in federal taxes than they did decades ago
Bush tax cuts... In 2003 the unemployment rate was 6.0% reducing steadily to 4.6% in 2006 and 2007. In 2008 after the housing collapse unemployment was 5.8%, still less than 6.0% in 2003 no? What we needed were shovel ready jobs per Obama. Because Washington is still spreading the bull. What did the Democrat controlled congress do to create jobs...nada tostada, but they did extend Unemployment benefits several times :) yay. Not pay those without work to build roads, repair foreclosed homes or teach in schools or fight fires but to sit on their computer and farm or whatever? Obama has been in office for years, he wanted the job of POTUS! When will he LEAD US?
I'm kind of a "get along and compromise guy" but what I see is a need for "default"... a "financial shot heard around the world" We would be forced, All of us, to live withing our means... the Government would be forced to make hard decisions... In my opinion they came to a "compromise" but the "Cuts" are anemic at best... Entitlement reform: Nada Tax code reform: Zip I believe in a strong defense yet... Future defense spending: In questions... Can some one tell me What was really accomplished? I also read a post that said"
Really??? You spend your 1st year in office and spend all your political power on creating another (failed) government system that has to be Cut or reformed because we don't have "enough money".....
President Obama: When we pass (Tarp II) Unemployment will not go above 8%"
Really... Today it is 13+%.... Even the Republicans have a hard time unifying and holding there own feet to the fire... I'll call this "round" for the Republicans because there were no new taxes (I challenge any one to give a example where raising taxes created jobs anywhere in history in the private sector) but I predict much vacillating on both sides as election time draws near... Prediction:
Dream act will be discussed, but not passed, Tax code reform will be brought to the house but killed in the senate.... Republicans will keep the house but not in the same majority.. some ground will be lost... the senate will still be split... Grid lock will prevail and President Obama may win a second term but barely and his current power base will be extremely diminished... Iraq will request continued US presence,,, we will withdraw from Afghanistan but not completely... Qaddafi Will stay in power via a US brokered peace or "guaranteed" safety for him. Us which have "helped" the world many times over will be criticized for not "doing something" for the worsening condition in South Africa.... This next election cycle will be interesting.......
Since the only way that he can get support of the Tea Party republicans is to swing to the extreme right (and this has zero chance of passing the Senate), perhaps he should consider aligning with the democrats and supporting his earlier proposal - the one that Harry Reid (and the senate republicans) supports.
Gee - this makes too much sense.
And - perhaps the house democrats should call for a new vote for speaker. Not sure that Boehner could keep the job, and the 'normal' republicans would not support a tea party extremists. Maybe the normal republicans could find common ground with the democrats (like the political types do in other republics in the world).
But this is unlikely. Our form of democracy is that of a small minority forcing their views on the majority. This is tea party democracy. Only in those 'furrin' countries could compromise exist.
Go to third world and socialist countries as well, you will see what force is . You have a ridiculously loud form of liberty and its a luxury you were taught by some failure of a wannabe scholar teacher in a liberal agenda public school. Like the rest of us, but some of us realize you work you earn your keep and nothing is fair so you work more and make your breaks, not complain and blame.
Barabas - are you familiar with the saying "be silent and let people think you a fool, lest you open your mouth and remove all doubt"? If applies with you.
I have spend most of my career outside the USA, so I am probably much more of an expert than you. Also - I have spent the past 30 years studying history - as understanding a mindset allows one to reach acceptable compromise.
You are correct - nothing is fair. You are allowed to spread your illiterate message the same as me. Your lack of intelligence or understanding does not stop you, and my phrase above applies.
However, to try to compare your miserable life to the government shows that you have no clue as to the purpose of government, or how representative government works (here or elsewhere).
You should not complain? With this attitude, we would still be subjects of the crown. I realize that your home-schooling did not cover this, but the revolutionaries in the 1760's actually complained rather vocally. Some even published their own newspapers (Fox news probably did not mention any of this).
Bottom line - you have opened your virtual mouth and removed all doubt.
Bobby - another way to look at this is - you have gained the benefit of this government spending, but you are too cheap to pay for it. You claim that your children and grandchildren are on the hook for the crap that you got, but the reality is that YOU ARE TOO CHEAP TO PAY FOR YOUR BENEFITS.
You demand that the rest of us (the middle class) pay for the benefits that you rich get. I know that you are not middle class, or you would be saying the same.
bobby, bobby: I know you're trying to make sense of a very complicated subject but one thing you'll just have to begin to comprehend is that running the government is not the same thing as running your household.
@interested Observer.... Ive met some educated foolish people... and you qualify....
I say... you "resemble that remark".... It is ok to attack her post but is not ok to attack her character.
You hit the nail on the head you lived so long on the outside you forgot what is what like to live inside the US... I doubt if you ever had to make the decision to fire some one from their Job... I Have.. Making payroll or your next paycheck stretch for some is a reality. I've spent 20yrs in and around the military and it has been said "If you stand for nothing you will fall for anything" some times you have to stick to your guns.. draw a line in the sand... but I can see you know nothing about it. By the look at your posts.. you have compromised away every thing.
Beautiful attack.... Illiterate...lack of intelligence you don't know what the word means... I may not agree with her entirely but I "understood" her... you obviously don't know the difference between sympathy and empathy... doubt you have either.
I wouldn't trade my miserable life for your miserable life any-day for any money... you may know the "inner workings of Government" but you don't know about people... If you were a commander in the military (you might be) you would be happy to send your troops in to sure death to "accomplish" the mission and pat yourself on the back for a "Job well done" We (people.. your not included) draw comparisons to what we are familiar with... you can study all you like it makes you smarter.. you might learn much knowledge about things I've no Idea of in government etc... but it definitely does not make you wiser.
In your studies of the revolutionaries.. (your heroes was probably the Czars of Russia) they valued the opinions of the "Commoners" They fought for the "little people" to have a voice... even if she was just as you say her opinion is just as valuable as yours... it has a place... It is perfectly fine to say "Your wrong or misguided and here is why" but it is INTOLERABLE to attack a person character without knowing them personally.
MMmmm... Since those are your words ... Ill leave you with a Bible scripture:
Pro 10:23 It is as sport to a fool to do mischief: but a man of understanding hath wisdom.
Sir I perceive you have much education but no wisdom.
Oh please John of Orange, Stuck your neck out, no you caved to the baggers buddy and you will reap the rewards of crashing the U.S. economy!
John of Orange-Love it
Capitalism won, wake up!
I can repeat , too, bobbyg.
But if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
i will be glad when the 2012 election comes arround to get rid of some senitors and members of the house Change will come but first on the list is the presedent
Who would you vote for? Gingrich. He almost went to prison. A conservative or a libral? The conservatives are control freaks and the librals are a pain in the butt and both are dangerous groups! Tea Party? They need to go away and FAST! Boehner? He's a wacko. Time for a new party. One who represents the PEOPLE and not the rich, corporations or countries that are buying our elections. Bye bye Rep.
Obama wants funds for back door amnesty
Why was steven d's comment collapsed? I can see no violation of the code, please enlighten me.
He didn't praise the shepard, but few can these days... no matter they lie to themselves and no matter how hard they try to ignore reality.
Obama’s approval numbers hit all-time low
"Just 40 percent of Americans say they approve of Obama’s performance as president. That is down three percentage points from Thursday. 50 percent say they do not approve of the job he is doing.
Just 41 percent of the public said they approved of the way Obama was handling the debt-ceiling negotiations, while 52 percent disapproved, according to another Gallup poll released Thursday.
Obama has also lost ground against a generic Republican challenger — getting 41 percent of the vote when matched with an unnamed Republican who polled 40 percent.
Obama’s approval rating is below that of former President Bill Clinton’s lowest approval rating during the government shutdowns of 1995."
http://news.yahoo.com/obama-approval-numbers-hit-time-low-185402373.html
What a freaking disaster.
Does this guy have gall or what? Obama offers a compromise package that would reduce the debt by $4,000,000,000,000 and Boner can't get his own caucus to address what they claim is the biggest issue facing the country. But they will support a bill worth less than a fourth of Obama's proposal and that contains a poison pill. Someone else may have said this already: Hell, no.
That's because Mr Boehner pointed out a huge problem with Obama's plan that nobody wants to see happen.
Part of Obama's plan would increase our taxes. We are taxed enough, in fact too much IMO.
The REAL problem is our government is spending more money then they take in each year. The worst part of doing this is if they default, it hurts the economics of the country but not the government itself and if we do this personally, it only hurts us and nobody else. This is why they get away with over spending and THIS is what needs to be stopped.
I believe in helping those who falter(other countries disasters) but not when we can not afford to as a country. We need to fix our own problems before we open our arms to help other countries.
We wouldn't be in this situation if our government knew how to handle spending money. But since they don't, we will always be digging a hole that our country, eventually will never be able to climb out of.
No one needed Mr Boner to point out that the Obama proposal returned the pre-Bush upper bracket to people who do not pay enough taxes, IMHO. Essentially, you claim that reducing the debt is unacceptable if it means closing loopholes and raising the top bracket. If so, then quit complaining about the debt.
Otherwise, you won't get bipartisan without increasing revenues. The Democrats won't reduce Social Security and Medicare without that.
The Republicans have all of the maturity and petulance of a teenager. It's not enough to get what they want -- it has to be done their way in the bargain.
BTW, the public debt is proportionally less than household debt.
taxes are now the lowest they have been in 40 yrs. The republican tax boogey man propaganda is only believed by the gullible and uninformed.
You need to read up on the "taxes" Obama wanted. I'm sure you are not in that bracket.
Ted
It is not the Income that is the problem, it is the expenditure,.
This country has a spending problem, it also has a revenue problem.
Cutting taxes while attempting to fund trillion dollar wars, multibillion dollar UNFUNDED Medicare Part D prescription drug programs (which were a sweet deal for the drug companies) were a recipe for financial disaster. Voodoo economics.
More deep cuts to the workforce will plunge this country into a depression.
We need cuts that are carefully thought out, and revenue from closing tax loopholes and having the rich pay the same percentage in taxes that the middle class does. Now they are not-they pay less percentage than the middle class.
Look up Warren Buffet the billionaire pays less percentage in taxes on his income than his secretary. Very enlightening.
Stop American taxpayer paid multibillion dollar subsidies to oil companies that make multibillion dollar profits each quarter. Stop corporate welfare.
Close all corporate tax loopholes for companies that send American jobs overseas. The Republicans voted against that btw.
I am of the opinion that we should vote all out of office. They have forgotton why they were put in Washington. I have yet to hear any one of them say what we want. When did they loose sight of that fact. Start to work for what is best for the country and not your own egos.
Citizen K.,
Do you know what your are talking about? No one is talking about debt reductions. They are talking about deficit reductions. Get your story straight or just keep voting for President Dwayne Elizondo Mountain Dew Herbert Camacho and his socialist thugs.
Bobbyg - I'm not going to keep repeating the refutation to your stupid repetitive post.
I'm just going to start flagging - bye bye Bobby.
CitizenK,
Please inform everyone what your facts are based upon. Also, you have my vote for best fictional story of the century
For all you tea party lunatics and the Republicans that fell in behind them, shame on you for giving up your moral worth and spine. When it became about egos and story telling you sold out your fellow man. You make me ashamed to be an American while that world laughs at us for your antics. May Boehner rot in hell.
Since there are no earmarks to trade for votes nobody knows how to negotiate to a compromise.
That just may be the most accurate post I've ever read!!
Are you stuck or what?...maybe just lazy!
Bobbyg - We've all gotten your message (how many times). Will you please quit wasting our time and stop it!!! It's more than a disgrace when our troops who are fighting and giving their lives for our country (in unnecessary wars, especially) have to be worried about whether they'll get their pay. It's way past time for President Obama to stop trying to deal with the "care less for the people" republicans and tea partiers and involke the 14th Amendment. Never thought I'd EVER see such a fiasco in our country. God Bless America
@ bobbyg-501939: strike one.
PLEASE......Someone send Boner back to his bar stool in Ohio.......
He might have to knot out Terd Kennedy to get it back...Oh I forgot one less moron to deal with..
Yeah, those insulting comments are helpful. Really shows your character.
Do you need help? Are you stuck? Can you only cut and paste repeatedly?
@ bobbyg-501939: Strike two.
Brace yourself America
In collaboration with the other corporate backed party, The Republicans, the current Sociopath In Chief, the right-wing Barrack Obama (and the leadership of the Democratic Party), is about to administer a knife in the back to the U.S. public (excluding the Rich of course) that will live in infamy with, and may eclipse, Bill "I feel your pain" Clinton's ramming through and signing of NAFTA and the Financial Modernization Act that liberated the criminals on Wall Street to swindle the economy off of a cliff in 2008.
No tax increases on the rich who are paying historically low rates or even making corporations pay any tax at all (60% don't) and huge cuts to federal spending on health and safety. Also: if no immediate cuts to SS and Medicare, cuts down the road.
And this with the indispensable assistance of the corporate media (take a bow!) including Democrat Party shills, Rachel Maddow and Ed Schultz.
Could anyone hurt the U.S. worse than our own elites?
Al-Zawahiri: eat your heart out.
Obama wants funds for back door amnesty and other cruel things to US citizens who are unemployed.He wants to water down the American culture before he is done.
unless you are native american... guess what.. your genes watered down the american culture... we are all immigrants remember?
@steven d: The U.S. is fast becoming a nation where the minorities will become the majority. It's a fact that you cannot change. So doesn't it make sense to help raise their level of education and employment? Isn't it more important to get past outmoded prejudices and self-centered greed and keep America strong for future generations?
The alternative is that we'll become essentially a third-world nation, divided into the ultra-wealthy and the poor. Guess which of those two groups your grandchildren are most likely to fall into?
CHANGE-
We are all the descendants of Noah, Native Americans, the actual tribes all migrated over the now Bering Strait, so give me this BS of your purity form the natives, they fought and disagreed like everyone else, sin is what separates mankind form purity.
Whee, when I get to be a minority, will I get everything free?? A lot of us came here legally.
why don't you step up to the plate and prove your idiotic comments
Post a credible link that shows minorities get everything for free. Post a credible link that shows minorities never worked, never fought in wars, never paid taxes, never owned homes, never owned businesses, never supported their families.
Only ignorant backassed teapublicans think they are the only ones that work and they are the ONLY ones that pay taxes.
They are so delusional they think they support the WHOLE country. Republican propanganda for the feeble minded at it's finest.
So I'll check back and see how well you are doing in gathering your supporting documentation.
BTW-I'm white, a Revolutionary war ancestor, home owner, small business owner. Get crackin on getting your links together.
Uh, Barabas, nobody is talking about ethnic purity, weirdo. The point was that Steven D believes there was a of golden age of America where everyone was white and apple cheeked, with lots of money, and the pure culture of America was like some kind of McCarthy wet dream. Change was making the point that it is hypocritical to claim immigrants are ruining this country when we are all (unless we are Native) immigrants. How your bizarre Biblical rant fits in is beyond me.
A f-cking constitutional balanced budget amendment that most of those Tea Party idiots don't even understand how it works.
The US government is the largest single United States employer. Lets go ahead and cut those jobs during 9.6% unemployment.
You are absolutely right. More than half of the people in this Country either works for the government or under government contracts. Does anyone realize the deep cut will do? Many of my friends said they rather pay more tax than lost their jobs.
Great point, Old Man. Do you also understand that the US government doesn't pay those employees from profits derived from its own activities? The government must pay all those people from monies that it TAKES from other Americans.
The government is too big. That's the point. The government is bloated and needs to shrink.
Good then. We need constitutional amendment to allow people who are willing to pay more tax to pay and those who are not to keep 'em. Let's see how many pay.
Old man, by all means, lets keep all those duplicated jobs that working people's taxes pay for.The Federal government has a spotless track record of being inefficient,expensive and loaded with fraud and waste. Great Democratic Party thinking-give us more federal employees to pay for!
Why not, it isn't like the handout crowd pays for anything. it's fun to spend others money,right,old timer?
He wasn't saying he wanted more Federal employees. He just felt bad for those that will inevitably lose their jobs--like fire fighters, postal workers, social workers, Federal Officers, and the like. Good, tax paying middle class WORKERS. Federal workers pay taxes.
Chas, what administration has grown federal payroll faster than any president since LBJ? Give you a hint, it wasn't a Dem.
Old Man..@#23. Using that logic, why doesn't the federal government hire all those unemployed people? Presto, the economy would just skyrocket, and all the debt limit, balanced budget issue would be passe. There can't be any downside to that, could there? (ps. sarcasm, for those who don't understand)
OldMan, you're absolutely correct. I bigger issue than the national debt is the lackluster demand for goods and services in this economy. In other words a recession. For good or ill, the public sector is a huge employer. It also buys lots of goods and services from the private sector. Putting the brakes on too suddenly will bring our economy to its' knees killing any slight improvements that may be in the works. This will happen because of the drop in public sector purchasing and the large numbers of newly unemployed people(public and private sector) hitting the unemployment lines. We will begin a downward spiral that will take years to work out of.
The deficit does need to be managed down. But it was run up by decades of unbudgeted expenditures for various wars, fiscal catastrophes, tax cuts and natural disasters. You may recall the news talking about the Iraq war being the first war fought entirely on credit.
To de-spend our way out of this mess will need to take time. The thing about debt is that the problem compounds as interest payments take up a bigger part of the load. You need to fund your current commitments, plus the interest load, plus reduce your current term spending.
The popular view is that the crisis is just like families who can't pay for their commitments. They simply tighten their belts and spend less. That's an easy metaphor. The problem is that sovereign nations play a much bigger role in the economies. Their actions affect the entire society. Just like a family having to cut their spending drags down the overall economy a bit by lowering demand for goods and services, a government doing the same thing will do the same thing. But, much more so.
Lackluster demand is one consequence of not having a job. Government workers wages are paid by taxpayers, who, as a result, have less money to make purchases. The same financial principles apply to families and to governments. Sure there are always going to be crisis times to borrow for each. But unending borrowing at 40% more than revenues has to be controlled, or bankruptcy is the result.
You're so busy being sarcastic that you don't even realize that that's EXACTLY what the government did to get the U.S. out of the Great Depression.
Yes, let the government hire people to work on infrastructure projects, public lands and whatever else this country needs. But I suppose you'd prefer to send all that money to Iraq and Afghanistan so they can hire their people instead?
I can repeat , too, bobbyg.
But if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
Correct Real American! I am a small business owner, that could send my manufacturing overseas, and pocket the profits for myself. Or I can continue to struggle here in the U.S. were there are people that depend on me as much as I do/have depended on them. I could feasibly live like a king, while my employees, neighbors and freinds suffure for my discission.
Many of my customers are middle class Americans, working multiple jobs just trying to stay afloat. Many have jobs in the government sector, or connected to it. I do not disagree with balancing our needs to our budget, but let's get a clear picture of the needs, then work out a proper budget.
Old Man
You analogy is fine, except that " you customers in large part are also your employees" so if all " Jobs" go over seas then you customers will have to go back to ' 80 acres land a cow some goats and chickens" and you will have no one to sell you product to.. so it is a " twin edged sword" right?
@ bobbyg-501939: STEERIKE THREE!
And, welcome to my "ignore" list.
RealAmericansFirst,
If you compare the percentage of the economy that was in government jobs before the Great Depression with the percentage of the economy that is in government jobs today, you might see the folly of your implied recommendation. Might, I say, but there's no guarantee that a man can necessarily see what he points his head at.
What was the Social Security tax rate before the Great Depression? Zero.
Okay, how about after they created Social Security? They claimed it would only cost the average taxpayer a dollar a year (or some such nonsense). At that time the ratio of people working and paying into Social Security to those retired and receiving income from it was something like 20 to 1. Now it is three to one. (Or some such comparable degree of change.) Putting more people on the government payroll when half the residents pay no taxes is not feasible. That's another way of saying that it's not possible.
Or to make it perhaps a little easier for the slower among us to grasp, one working person in the private sector cannot, with the taxes on his income, support the salaries of a dozen government employees (many of whom do nothing whatever of significant value to society but merely shuffle papers from one pile on one desk to another pile on another desk) unless the government employees are each receiving only 1/12 of that working person's taxes. Even if the working person were paying 100 percent of his income in taxes (and starving therefore), the government employees would all still be each receiving only a pittance. . . . Unless the government "borrowed" money to pay those dozen government employees, . . .
which is the situation we now have. But because the voting "recipients" are becoming the "majority," they now are developing the momentum to demand an even bigger share than they now receive, which they are, and doing with increasing anger and resentment, because they are oblivious to what they are really doing: a thing which happens in every petri dish full of nutrients after its population reaches a critical mass--the whole population dies. Selfish myopia is spewing, hurling insults on those who simply want to prevent this mass die-off because selfishness cannot see beyond its own nose. But it is already too late to stop the process. What, besides food, can America supply to the rest of the world? That's where the revenue has to come from, because we're buying everything we own and use from overseas. But there is no ready answer to my question. Ask the industry leaders. Ask the intelligentsia. The "green" revolution? Please don't make jokes. What I'm talking about is serious. Nobody sane has any reasonable expectation of "green" technology producing any substantial wealth in the forseeable future. We need a wealth-generator NOW, not ten or twenty years from now. If only people overseas "needed" space shuttles. If only they "needed" government regulations. We could supply the world. But there are no buyers for these things.
Can you now see why there is a practical limit to how many people the government can hire?
Next lesson: inflation. Why doesn't the government simply print more money and hand it out to everyone? No need for jobs, just throw the money at the population and let everyone have their fill of it for the taking.
Answer: When that is done, supply and demand forces all the prices through the roof and beggarly children cart wheelbarrows full of paper money through the slums to use for building blocks because the money isn't worth the paper it's printed on. Go to the library and look for the pictures of just this thing in books about postwar Germany and other places.
People only give of their time to an employer when they receive something tangible in return. Employers (except the government) only give something tangible in return for work when the employee is producing something tangible of value for the employer.
We're not making anything anymore except for the food we produce, which is enough to keep us from starving (for the time being) but not enough to buy boatloads of new cars or timber for new homes. The computer-fueled dot-com gold rush of the 90s is over because the computer makers killed the golden goose by making ever less reliable systems that cost ever more to maintain (you can't replace a computer without buying all the software that goes with it) even while the cost of the hardware was falling through the floor. How many companies are on a spending spree nowadays to upgrade their computers? None. Nada. Zero. Zilch. Why? Because the MIcrosoft philosophy that gave the U.S, the world leadership in information processing a decade ago killed the whole marketplace. Who wants to buy a truckload of headaches in a new computer that we now know will be obsolete in five years? When you buy a screwdriver or a wrench, you expect to get some use out of it for a while. Our new, sophisticated tools are not so useful, after all, it appears. Now, even the software-based jobs are disappearing overseas and won't be coming back.
The barn door is open, the horses have fled, and the grain stockpile has all blown away.
Capitol Hill is dithering, swapping deck chairs on the Titanic after the iceberg has already done its fatal damage. They know it. They just don't have the courage to tell you that, because then they lose their jobs and go to the poorhouse sooner than later.
They're all probably already dancing to the tunes being dictated in Beijing, from the head on down. They probably all know it, too. But they'll never tell you about it.
The rest of the story is all on a fixed track and pre-written; the interconnectedness of all the world guarantees it.
Either there exists the miraculous, life is eternal, and there is hope for the individual in God,
or your species is on the verge of extinction and nothing man can do will fix that.
If you're not facing THIS future, you're not living in reality.
--John
RealAmericansFirst,
If you compare the percentage of the economy that was in government jobs before the Great Depression with the percentage of the economy that is in government jobs today, you might see the folly of your implied recommendation. Might, I say, but there's no guarantee that a man can necessarily see what he points his head at.
What was the Social Security tax rate before the Great Depression? Zero.
Okay, how about after they created Social Security? They claimed it would only cost the average taxpayer a dollar a year (or some such nonsense). At that time the ratio of people working and paying into Social Security to those retired and receiving income from it was something like 20 to 1. Now it is three to one. (Or some such comparable degree of change.) Putting more people on the government payroll when half the residents pay no taxes is not feasible. That's another way of saying that it's not possible.
Or to make it perhaps a little easier for the slower among us to grasp, one working person in the private sector cannot, with the taxes on his income, support the salaries of a dozen government employees (many of whom do nothing whatever of significant value to society but merely shuffle papers from one pile on one desk to another pile on another desk) unless the government employees are each receiving only 1/12 of that working person's taxes. Even if the working person were paying 100 percent of his income in taxes (and starving therefore), the government employees would all still be each receiving only a pittance. . . . Unless the government "borrowed" money to pay those dozen government employees, . . .
which is the situation we now have. But because the voting "recipients" are becoming the "majority," they now are developing the momentum to demand an even bigger share than they now receive, which they are, and doing with increasing anger and resentment, because they are oblivious to what they are really doing: a thing which happens in every petri dish full of nutrients after its population reaches a critical mass--the whole population dies. Selfish myopia is spewing, hurling insults on those who simply want to prevent this mass die-off because selfishness cannot see beyond its own nose. But it is already too late to stop the process. What, besides food, can America supply to the rest of the world? That's where the revenue has to come from, because we're buying everything we own and use from overseas. But there is no ready answer to my question. Ask the industry leaders. Ask the intelligentsia. The "green" revolution? Please don't make jokes. What I'm talking about is serious. Nobody sane has any reasonable expectation of "green" technology producing any substantial wealth in the forseeable future. We need a wealth-generator NOW, not ten or twenty years from now. If only people overseas "needed" space shuttles. If only they "needed" government regulations. We could supply the world. But there are no buyers for these things.
Can you now see why there is a practical limit to how many people the government can hire?
Next lesson: inflation. Why doesn't the government simply print more money and hand it out to everyone? No need for jobs, just throw the money at the population and let everyone have their fill of it for the taking.
Answer: When that is done, supply and demand forces all the prices through the roof and beggarly children cart wheelbarrows full of paper money through the slums to use for building blocks because the money isn't worth the paper it's printed on. Go to the library and look for the pictures of just this thing in books about postwar Germany and other places.
People only give of their time to an employer when they receive something tangible in return. Employers (except the government) only give something tangible in return for work when the employee is producing something tangible of value for the employer.
We're not making anything anymore except for the food we produce, which is enough to keep us from starving (for the time being) but not enough to buy boatloads of new cars or timber for new homes. The computer-fueled dot-com gold rush of the 90s is over because the computer makers killed the golden goose by making ever less reliable systems that cost ever more to maintain (you can't replace a computer without buying all the software that goes with it) even while the cost of the hardware was falling through the floor. How many companies are on a spending spree nowadays to upgrade their computers? None. Nada. Zero. Zilch. Why? Because the MIcrosoft philosophy that gave the U.S, the world leadership in information processing a decade ago killed the whole marketplace. Who wants to buy a truckload of headaches in a new computer that we now know will be obsolete in five years? When you buy a screwdriver or a wrench, you expect to get some use out of it for a while. Our new, sophisticated tools are not so useful, after all, it appears. Now, even the software-based jobs are disappearing overseas and won't be coming back.
The barn door is open, the horses have fled, and the grain stockpile has all blown away.
Capitol Hill is dithering, swapping deck chairs on the Titanic after the iceberg has already done its fatal damage. They know it. They just don't have the courage to tell you that, because then they lose their jobs and go to the poorhouse sooner than later.
They're all probably already dancing to the tunes being dictated in Beijing, from the head on down. They probably all know it, too. But they'll never tell you about it.
The rest of the story is all on a fixed track and pre-written; the interconnectedness of all the world guarantees it.
Either there exists the miraculous, life is eternal, and there is hope for the individual in God,
or your species is on the verge of extinction and nothing man can do will fix that.
If you're not facing THIS future, you're not living in reality.
--John
Well, perhaps, Toby, a few of the "baggers" must have a small amount of intelligence or they would have really pressed for not raising the debt ceiling and throwing the entire country into default and screwing up the credit rating. But all this is just a form of ransom that they tacked on all this crap to raise the debt ceiling which has been raised numerous, numerous times under - wait for it - republicans as just in the ordinary course of business.
Even a liberal like myself agrees that spending must be CUT. The democrats even agreed to put Social Security and Medicare, entitlements, on the table. That's a first. But just cutting all services that could possibly help the middle class while not daring to touch subsidies for corporations is not only beyond understanding, it's going to hurt the republicans. And the republicans are going to hurt my country. Revenue must also play into getting us back on our feet.
If this is another ploy to make sure that President Obama is only a one-term president, they have miscalculated. There was a reasonable chance that he could have been a one-term president before this. Now, the sane conservatives, independents and, of course, the democrats are not blaming President Obama. They are blaming the republican tea bagger House.
I've been disappointed so many times with President Obama, who is a centrist all the way - this liberal knows that - but I was pleased with what he and the democrats were offering
BabyBoomer, the republican / teabagger montra is "The War Machine is Great!" and "Whatever is best for the rich". If they aren't able to wake up in the morning and feel like they have their foot on the throat of everyone, it just saddens them. They are a bunch of worthless miserable people that enjoy spreading their misery.
@BabyBoomer 48: Agreed. The Republicans are playing a dangerous game of chicken here and they will have a price to pay for their stubborn refusal to compromise. They flatly refuse to make huge corporations and wealthy individuals pay their fair share of taxes, based on the ideological premise that those are the job creators, and that taking more money from them would hurt job creation.
It's a lovely theory, but it has no basis in reality. The rich pay only a tiny portion of their income in taxes, and corporations are given a pass at tax time. This has been going on for years. So where are all the jobs that this system supposedly creates???
This is excellent news. While there has been no real plan offered by the Democrats, we have another plan that passed the house. I guess that the Democrats have enjoyed over 800 days without writing or producing a budget. Here's the news folks. We hit the debt ceiling in May 2011. Obama and his party of spend, spend, spend.
Yeah Robert, really excellent, isn't it?? A balanced budget amendment that has to be ratified by the states before the next "scheduled crisis" in December can be discussed? Do your tea bagger heroes even have any idea how their own government even works?!? Or how long it takes to get something like that passed, even when most people are in favor of it? Never happen before Dec. And on top of that, it only cuts about a fourth of what Obama offered weeks ago! But they couldn't go for that because it included a small amount of revenue to go with the larger cuts. Can't have the richie riches paying a few extra dollars to help out, now can we? Nope, that might mean a few less dollars for the tea bag campaign coffers. OR, God forbid they dare to break their promise to Grover! Yeah Robert, excellent piece of political BS posturing!!!
Robert do you have any idea how spending bills are made in Congress? Reid has a plan but can't initiate it until the House sends the Senate their bill. The President can't write legislation either.
JTK---- the Dems are the ones spending and taking it from the poor or law abiding tax payer...."bow down before the one you serve your gonna get what you deserve.." so you ignorantly giving your heroes a free pass all the while allowing govt, to do business as usual, wasteful as usual, then blame the "greedy" capitalists huh?Dems where a cloak of "helping" the weak,,announce it with trumpets, hypocrites.
Quick, Barabas, which countries in the world have the most prosperous average citizens?
Try Norway, Switzerland, Finland, Canada, Sweden, Denmark, Australia, Singapore, Netherlands and Hong Kong.
See any of your "low-tax, small government" Shangri-la's on that list?
Bobbgy, In my family we are forced to increase our revenue, or we pay the consequences....home/car repossessions My family all pay into the good of the household, and is based on the financial ability to contribute. Many in my house, including myself work multiple jobs. With that said, we did cut back on everything that we could before we increased our revenues.
Raising taxes decreases revenues...
That's a fact... as JFK once pointed out.
Rich people didn't get all that money by sitting around waiting for politicians to come and take it from them just whenever the mood strikes.
Rich people put their money into tax sheltered investments in times of higher tax rates. They invest in business ventures in times of lower tax rates... and they move money offshore in times of extremely high rates of taxation.
The only way to prevent this is to relinquish your own right to pursue property... did you know about the natural right to pursue property?... And if you do that then there is no reason to have taxes of any kind... at all... whatsoever... because... if you have no property rights... you have nothing to tax.
We fought a war over this... George Washington was in charge of it... the result was a Republic...
NOT a democracy.
Any time someone says "that's a fact", after making a statement, you can almost be sure they haven't researched it and it may or may not be true.
.
The Republicans move the goal posts yet again to pass a bill that they know has absolutely no chance of passing.
sure not going anywhere when they haventt even read it and kill it.
Thats because the point is to destroy the US economy for the leftwing takover we all know is on its way.
Buy a gun and some ammo, stock up on food and gas, the world is going to get crazy.
Horse-pucky. Boehner claims that he put revenues on the table. When? In any case, the only bill that he could possibly get through the house had less than a trillion dollars in cuts and would force us all to relive this in 6-9 months. Who knows what idiotic promises he made to the die-hard repubs in order get the thing through?
ho fat...liberals have guns too. Many of us believe in the right to own weapons. We are just smarter about who should have them, and effectively teaching ourselves and others where and when to pull them out ;-). For instance, if the far-right religious conservatives were to try and crash the economy so that they could re-create the US into a theocracy, for instance, as seems to be the more likely case.
Jonnyth, I'm with you if you mean we tax every penny of income from every person and company in the nation. Doesn't matter whether that income comes from a poorly run welfare system or a well run business. Problem is, when liberals call for raising revenue (that's a word used in place of the word taxes), they are talking about raising taxes on others. They want their revenue to remain in their pockets. It's very clear that Obama wants a debt ceiling that will give him the money to buy more votes from those that want what others have just because they have it. This whole debt ceiling debate has cut into Obama's campaigning time.
Sorry Ron, no sympathies for the extension of the Bushy/Obama tax cuts. If you and the TPers are bent on cutting benefits for some then you had best be willing to put all bets on the table. That includes closing tax loopholes, reduction or end to farm subsidies, oil-drilling subsidies, profits made by sending jobs overseas, etc. And by who's measure is the welfare system poorly run? Is it any less better run than the corporate welfare systems that we have that build ships and airplanes that the military has clearly stated that they don't want?
You should also know that this argument does not cut into Obama's campaign time, it promotes his message. Sorry dude, but most of the country is looking squarely at Mr. Boehner's inability to reign in his own TPers. If you have doubts about that then look at the poll numbers for Congress...not to mention the polls on MSNBC.
ROY WILSON-336103, you're confusing the libs with facts and you know they are allergic to truth.
Obama is trying to cram down the throats of the Republicans more crap - just like he did with Obamacare - with one concern only: his re-election. There is no bipartisanship, not with Obama, Reid and Pelosi doing everything in their power to torpedo anything and everything the Republicans are sending to them. Sadly, in the end, it is the sheeple that will believe that it was Boehner, et. al. that caused the default. But history will show it was really the Dems.
For those Dems that disagree, prove that there has been bipartisanship in anything since Obama took office.
Take a look at Obama's counter proposal to Boehner. He met him more than half way. Even Norquist has stated that ending the Bush tax cuts is not a tax increase. What is wrong with more revenue to allow the Fed to work on getting people working again, which, by the way, the GOP ran on, and have done nothing to implement. We cannot get the economy going with tax cuts and spending cuts alone. It leaves no means for promoting jobs of any kind, other than waiting for Corporate America, which now has 1.7 Trillion in profits sitting around along with almost another 3 trillion overseas, yet they have not created jobs!!!! How much more in profits and tax cuts do they need before we will see job creation?
History will show the GOP brought this upon us, choosing economic terrorism over allowing the voters to decide who is right in 2012, and simply passing a debt ceiling increase, with no strings attached. As it is, 73% of Americans want to see tax increases on the top 2%. How does that fit into your analysis?
It is not Corporate greed it is political GREED!!
Oh now there's a shocker. 73% of America is comprised of a bunch of envious underachievers. Everyone is always OK with other people's taxes being raised to provide them with a handout. Everyone always thinks confiscating other's hard earded money to support their lazy ass is fair.
Apparently, you are one of that 73%.
I am one of 73% percenters and I see who's the GOP protecting, and thats why they need to be "One Term GOPers". Vote the entire Republican party out of the Government across the nation. They're backing all the major business who "Pimping" the United State consumers.
The Tru Blue
Yeah, "major businesses" like GE right? You know, that Democrat supporting big business that didn't pay one penny in taxes after showing over a billion in profit? pffffff... get real!!
Now that the Democrats said NO to a balance budget amendment for our Constitution, America's future is now brighter. Yes sir, conservatives will gain control of the Senate and Presidency for sure come 2012. America has no choice but to consider being fiscally responsible since spending hasn't helped; rather, made things worse.
Hear that, America?
JPSOTW says that the 73% of you who want fair taxes are just a bunch of lazy, envious underachievers.
Guess that tells us who he works for, right?
Hey, JPSOTW, can you explain why corporate tax revenues are now only 9% of all federal revenues? Do you really think those corporate "people" only make 9% of the income in America???
36% of federal revenues are PAYROLL TAXES, by the way. And those are ALL paid by that "lazy, envious" 73% you're dismissing. If they stopped paying those, where would your corporate friends be?
Why was the bill blocked?! It was blocked because it wasn't balanced, it only added additional cuts,with no tax increases (for the wealthy), now when the "GOPhers" add tax increase, their bill will get passed. Remember, the president already has the power to raise the dept ceiling.
And the only way the we will get back on top of world is by making our nation prosper, by becoming the pimps (making money from other nations) and stop being pimped out (spending money on other nations products).
Look at all the products you own and see where it's made.
It's all about that mighty dollar!
Debt is very bad, it is frowned upon in the bible and is discouraged. How much better economy if our people in office followed a more biblical lifestyle in their decision making
We were pying down our debt before that "Christian" George Bush took office. In 2000, as Bill Clinton (the sinner) was leaving office, we had a 750 billion budget surplus and we were well ahead of schedule to pay our debt off by 2010. This pay off plan was worked out between Clinton and the republican controlled house and senate in the 1990's, it was working well until bible thumper Bush got hold of the presidency and spent us into oblivion at the same time he was cutting taxes for the filthy rich.
Steve- Get your facts straight. This country, since its origin has never had a surplus. Clinton rode the George H. W. Bush tax hikes that lost him his election. George W. Bush is no longer President. It is time that the Obama Administration stepped up and take accountability for their work. Republicans are the only ones trying to bring the debt of our nation down, and the democrats will not help. What say you?
Dude you need to study politics. Republicans had house and the senate when Clinton was in office they made sure he couldn't do anything to hurt the economy.
When Bush was in office Democrats had house and the senate. So it was either Bush did what they wanted or he was going to get ran over by left wing extremist's.
So why don't you and your fellow nazi communist democrat buddys go to North Korea or China where you worthless idiots will be comfortable having your freedoms taken away that the Republicans are trying to save.
Dude, YOU need to study political history a bit. The Republicans, with Gingrich as speaker, tried to shut down the government. It was a flop, Clinton saved your butt. Bush was even a bigger flop than Gingrich, "mission accomplished". Did you read today's headline about Iraq? If you think you are going to help the Tea Party with your foul language and kindergarten comments, think again. But thanks for convincing most of us that you right wingers are too extreme to be trusted.
typical liberal democrat, re-write history to suit their agenda.
now it's the Christians fault. That's a good one. Why don't you try liberal democrat.
American Lobo
"We(the USA) have had great economic growth when our tax rates were much higher than they are now(look it up, I'm not here to find the info for you)."
To make a claim like that requires statistical proof on your part, not ours. You can't say something like "Blah blah blah this is how it is, PROVE IT!" I don't know your educational background, but try learning about MLA formating and proper citation. Evidence is required, my friend.
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let's put the 2011 federal budget into perspective:
Bobbyg... Excellent example!!!! But the name-callers have to read and hopefully comprehend the whole concept. We cannot continue the excessive spending levels and expect this country to survive. It just won't happen. And since Congress does not know how to regulate itself, it is time to put a limit, "cap" on spending, and REQUIRE a balanced budget every year... NO EXCEPTIONS. Cut up the credit cards (borrowing) and live within means (revenue generated) in order to have a stable economy. One party will never get this concept as they seem to believe they can continue excessive pet project spending forever and no one will have to pay for it. WRONG!!! I could care less about parties or platforms, it's just plain time to get real with managing money ON ALL LEVELS in this country. Too much bankruptcy, and next it WILL BE the U.S. government if there is not serious change.
I can repeat, too, bobbyg.
But what if the Jones family ran up that debt because one of them decided to keep all their income for themselves and not contribute to the family budget, what would be the most logical solution?
Stop paying the power bill, mortgage, and buying groceries?
Or get back that lost revenue by making the other party pay their fair share?
That's the equivalent of what the GOP has done to this country - they've let the corporations stop contributing to the household budget. Corporate taxes are down to 9% of federal revenues - the lowest percentage in American history. U.S. Federal Tax Receipts - Fiscal Year 2010
They've amassed $1.9 TRILLION in cash while we've all been scraping and working just to get by. And your solution is for us to suck it up even more so they can stay on their little holiday?
No thanks. Pay the piper, corporate "people".
Entitlement reform and smaller government is the answer...
The only answer.
There is more money in the American economy today than there was in 2007. (See Corporate profits have recovered, but job market still depressed) The question is, where is it going? Not to workers any more.
Quick, bobbyg, which countries in the world have the most prosperous average citizens?
Try Norway, Switzerland, Finland, Canada, Sweden, Denmark, Australia, Singapore, Netherlands and Hong Kong.
See any of your "low-tax, small government" Shangri-la's on that list?
realamerican - if you listen to pelosi, she seems to know where shangri-la exists, here in the USA. All one has to do is ignore that about 40 % of our revenue goes to what, paying interest on our debt? Not to hard to see where we are headed. What happens when it becomes 50% or 60%? Think pelosi's shangri-la will still support all the programs she propagandizes on that SHE and OBAMA SAYS that the right wants to eliminate? No matter how much "let the wealthy give just a little more" they speak of it will never be enough to sustain the programs as they exist today. Then what? Tell the middle class that it is now their turn to give a little more.
Interesting that the left still wants to paint the right as the bad guys because they continue to say that our debt load is getting out of control and the left thinks that it is just fine and that rehetoric is all that is needed to fix it. To obama it is just a matter of controlling health care provider costs. To reid it is just a matter of bring the troops back to save $1 trillion over 10 years. For pelosi it is just stopping the absurdity.
Rather telling when obama automatically threatens to veto any house bill by boehneror, that reid moves to table the houses legislation without giving an alternate senate plan. I wonder what input pelosi and the left put forth in the house to come up with balance. Surely she knows that obamas tax cuts expire after 2012 which will automatically give nearly a $1 trillion in a revenue increase.
Also telling, is that you ignore that without the hope of demand from the end users, business has little incentive to hire more workers for a product with a perceived limited demand. Should Americans think that the private sector should hire workers to just sit on their hands doing nothing? Bet those with retirement plans and investors are just tickled to think that $$$ are diverted in this manner. It is no wonder that jobs are considered lagging indicators in a recovery.
american - nothing you say makes very much sense. The programs that the republican right want to eliminate never contributed to the debt until right wing presidents borrowed against them to pay for things off budget (wars, privatization of Medicaid, etc.). The "entitlements" (as the right wing likes to call them) being broken is a right wing talking point with little fact.
Obama vetoing the idiological budget bill is because every credit agency has called for a long term increase in the debt ceiling. So what do the repubs do... make this all political and call to increase it for 6 months. They are playing with the election process, and that is obvious to those who pay attention.
Also telling... is that you ignore that demand from the end user is caused by middle class having disposable income. How can this be created by giving the wealthy tax cuts???? It can't. The wealthy do not create jobs by stocking more money into their off shore accounts. The "job Creators" is another stupid talking point with no fact
everything you just said redsky is completely wrong. either you are a liar or completely misguided
I don't see any lies and he is absolutely right that demand is the problem with our economy. If noone has the money to buy a widget it doesn't make sense to hire more widget makers. Giving a taxbreak to the widget factory owner doesn't solve that problem.
bshane...
redsky is correct! Social Security was set up to be funded by working people putting a percentage of their pay into it weekly and upon a certain age they would receive the benefit of their lifelong savings in a monthly check.
The workers Social Security Trust Fund in good faith and trust, put the management of their Funds into the hands of our Government. Wrong move!
Everyone knows the rest. We let our guard down, the government took loans out against the trillions of dollars we put in, and then when they didn't want to pay us back our money anymore, they started saying Social Security was the biggest part of their debt problems.
Well! Social Security is a big part of their debt. They borrowed our Trust Fund money and they have to pay us back. Just like they have to pay their loan obligations by August 2nd. Only difference is our Trust Fund money is a thorn in their sides, because they rather not admit that they spent our Social Security savings.
When speaking of "entitlements" why are those of you who laud corporate and business interests conveniently forget they are not only the lowest contributors of revenues, they are also almost entirely the destination for every dime of "entitlement - to name a few - no reimbursement to local government for pollution damage, utility construction road, communication and materials/goods transportation construction, no reimbursement for wages that make workers eligible for social support programs like food stamps, energy assistance, childcare assistance and various forms of Medicaid. It is absurd that the CONSUMERS of human and environmental resources should have a pass to not pay a reasonable share of the actual cost of doing business. To claim they are making a profit when these costs are passed to the taxpayer is an outright fabrication.
In essence, if they cannot stay in business without that substantial chunk of the local, state and federal revenues paying their support, they need to be recognized as the public entities they are and be levied accordingly against their income.
There is no excuse for a taxpayer to turn over so much of their income to finance business "success".
Let's all recognize who are the real consumers of "entitlements" and stop calling the programs people fund with their income by that name, shall we?
You go Gramma - I'm with you!
redsky and domingo - better recheck your history LBJ put the SS trust fund into the general fund back in the 60's to fund the vietnam war or his war on poverty, your pick.
Reagan and Tip Oneil revised SS in the 80's to try and maintain solvency. I think that it was at this time that the supposid SS trust fund was replaced with treasury IOU's that have never been redeemed.
I think that SS disability was added to the SS benefit package with little regards to funding as well, not saying reagan/oneil did it but some politicians did.
While you both say directly (redsky) and imply (domingo) that the right did all this the historical facts say otherwise, It was a bipartisan effort to be irresponsible. Also consider that once funds are mixed, one can't say with any certainty on how or where revenues were directed in any specific manner. Rather by percentages only. Consistant deficit spending doesn't help either.
It currently takes about two workers to fund SS payments to one beneficiary and we started out with many times those numbers contributing to each benificiary. What do you think will happen as the baby boomers start enrolling and the government has to start redeeming those SS IOU's.
BTW those treasuries have interest attached to them, interest that also adds to our debt.
Gramma - nice try, but wrong on many levels.
Perhaps it is different in your state, but here in iowa I have never heard of any business getting a government pass on EPA regs or any regs for that matter.
As for your other comments on tax abatments and utilities, ever stop to consider that the broadening of the local tax base through more jobs more than makes up for any temporary gifts government gives them?
Ames, iowa would largely still be a university town without the city and sometimes the state wooing companies like Sauer-Danfoss, 3M, Barilla, Ball corp, Hach chemical and others to relocate to the Ames area. In case you haven't noticed, competition by state and local governments is very competitive when it comes to attracting business into areas for their creation of a broadened revenue base.
Corporations the lowest contributors?? Not hardly! When you look at what they really do, provide jobs along with the resultant trickle effect those jobs create as they spend their $$$ earned thru their local and state economies. Add to that the fees and taxes they pay out to government entities probably makes them the largest group of contributors.
Why not call private sector businesses what they really are, revenue creators for all the government give away programs, defense, education, aid to a variety of communities in times of natural disasters and charitable contributions far in excess of any government programs to name but a few.
What you say is half true. Consult your state government for the years of tax breaks and financial help they receive for locating their companies in your state.
That is your tax money they are being gifted with, for moving to your state. What tax breaks have you received, or have your taxes been increased to accommodate the companies moving there. Did the company move from overseas' or from another state?
Do we need these companies here in the united states? yes. This is where they made their start up. They moved for cheaper labor. What is the wages they are going to pay?
Virginia in AZ: There is no resulting loss of tax money in most cases when a state offers tax breaks to company's for relocating to the state. While it could be argued that the state is losing money if the company doesn't pay taxes, it simply doesn't wash. If the state hadn't offered the tax breaks, the company wouldn't have relocated there, so there would have been no tax revenue in the first place.
What tax breaks as we received at the same time? In essence, quite a bit. With more employment in the state as a result form the company having moved here, we are increasing our revenue (through personal income tax due to new employment), thereby not having to raise taxes to support various programs.
The U.S. needs to do something to bring jobs back to America. It is far beyond my comprehension (and apparently our lawmakers) of how that can be accomplished under our current free enterprise system. Simply making companies pay more in taxes won't resolve the problem. It probably would serve to exasperate it. If they are charged more, they may move all of their operations overseas and cease to employ any Americans.
Just what we need----more committees that will do nothing!!!!!
Food storage anyone???
We have several cases here in Mass were the corporations received money to grow and develop jobs, the lastest Boston Scientific which is using the money to shut down Jobs here in Natick and move to China. Or the solar panel comp which received $50 Million to set up in Westborough. They never did, they took the money and decided to move to China. Beside the fact that these politicians here are complete dopes to grant money without a clawback guarantee with interest it shows that these corporations seem to see their future in China.
Why do we not tax everything they import back here from China? Why is there always the argument of global trade when it has shown again and again that this is only a one way street. Levies and Taxes on imported goods, this will quickly turn around and from the imported good money we can finance small business that will develop real jobs here in this country. The big ones are anyhow only paper tigers with address in the Cayman Islands and Dublin to hide taxes and defraud the American People.
Grandma, they attack you cause they always go for the weakness, plus, this Generation of Repo/Teabaggers feel so inferior to you. I know it's sad, but true.
Baseballmaike, what kind of weird rant is that? Not that most of the younger generation isn't inferior to us seniors, it isn't the Tea Party members. Its those that support Obama. I must admit I have not given him credit for all the jobs he has created though.
"Ex-Im Bank approved a $2 billion preliminary commitment to encourage purchases
of U.S. goods and services by Petrobras, Brazil's national oil company.
Petrobras anticipates that it will invest $174 billion in development over the
next five years."
That would the EM-IM bank controlled by the President. I'm sure the brazillians appreciate the jobs he is creating for them. By the by on 60 minutes tonight there was a story of the fantastic economy going on in Brazil and how their largest customer for oil is China. I wonder if that money to Brazil was part of the loan deal we got from them. I guess that is what Obama meant when he said he was going to create jobs. You guys were just niave enough to think he meant here.
Meanwhile back at the ranch, we do without jobs and Obama won't let the oil companies here even drill at their own expense, instead wasting billions of stimulus money on what he calls "green energy" that won't make a profit or creat jobs for decades to come, other then those "saved or created" by our tax dollars for a select few.
I guess it must be that Obama supporters really don't care about jobs here since they are either trust fund libs or on the dole and expecting more.
"That would the EM-IM bank controlled by the President. "
BS. See here, not that you'll read it: http://www.factcheck.org/2009/09/bogus-brazilian-oil-claims/
Gee. thanks teabaggers.
american-2051576 - Now, where did I last hear that speech you gave in #25.34?
Oh, yeah - from Don Blankenship, CEO of Massey Energy, just after they killed those 29 miners.
I think Obama has done his job until presently, he is ending the monopoly that drained the people in the US and eventually that is why some of the parasites in congress are doing the impossible to stop him. Unfortunetly, this deficit is a task that cannot be fixed in one day and patience is something we ought to learn, after all he's a president, not a wizard. Now that these cuts are hopefully about to happen to not only to the citizens but the military as well, its about damn time that everything is equally distributed and acknowledge that tax deductions or increments is not the only card in the table that can be played if we want this nation to prosper.
But the top tax rate in the 1950's was 91% (except 1952 and 1953, when it was 92%).
Anyone see a problem here?
And does anyone else remember what happened to state tax rates (and schools) when Reagan cut federal taxes in the 1980's?
Americans should remember that "low tax, small government" countries like the Tea Party says they want are mostly places like Mexico and Somalia.
Is that REALLY what we want the U.S. to be like?
Only till we are out of debt enough that we don't need to put breakfast, lunch and dinner on the "CHINA_CARD".
No tax exists that don't follow you to the store.
Realize the fact we didn't have all the taxes and fees we have today.
Realize the fact the democrats ONLY talk about income tax and not the several taxes businesses do pay.
Do we as a nation need to see our costs of living sky rocket so the government can live oppulent lives while we live with larger and larger costs of living and slide closer an d closer to Greece? We are not far from Greece. We are in the worst ten indebted nations. This fact tells me stop growing the Liability side of the nation (Government) and worry about growing the Privet sector (Asset)
For those of you who want to see the day taxes are again 92% try that with your money throw that amount away and live on the rest. Good luck and today it is easy to leave the usa. good luck getting anyone to pay those taxes.
While we are pointing fingers at reagen lets not forget president kennedy whose tax decrease spawned a ten year boom in the usa.
Face the math government is a liability (government is always subtraction) and the privet sector is a asset ( privet sector is always addition). These math facts will never change.
Back in your good old days when taxes where high all of the taxes and fees we have today did not exist. The reality of our situation is either we learn to give government less and allow more people to suport the nation or we simply see our jobs leave to more tax freindly nations.
Privet sector Jobs don't need us we need them and I dont mean lets dig a hole to china jobs the government produces at a loss i mean main street jobs that take people off the government rolls. these are assets. GOVernment Liability.
say it as many times as is needed until you get the math.
Government jobs liability.
None government jobs Asset.
Want jobs? want an end to business entitlements that steal the quality of life from your community and the income from your pockets? Stop believing the people that tell you giving the incentives to business is the way to have the Goose that Laid the Golden Egg. It isn't. It is a big, fat rotten Goose Egg the workers, community and taxpayers get when business "entitlements" overrule business "performance". It all comes down to the consumer. Not the producers of consumables who can't make a product without taxpayer subsidies on every level.
Again, I state. What the taxpayer receives after paying into the funds are not "entitlements".
“The top thing they are looking at is location, then the education level of their work force, followed by infrastructure like transportation or technology. Then they look at local competition and do they have room to grow. Taxes are always far, far down the list.”
That's a quote from the Ames Tribune just this last May, american 2051576. Talk about your own community when you really know what's happening. In Ames, the incentives are beyond what the community can recover if what the Republicans propose is allowed to move forward. Communities get burned with business incentives every single day - and every single day companies move to China and elsewhere that the investment in infrastructure, technology and education has been made.
So who says infrastructure, education & technology will get the economy moving again? That guy in the White House the Republicans and Tea Party is hell-bent to get rid of.
Pointing to a business like Ball corp in Ames (a company that began long before "entitlements" to businesses) is ridiculous. Want to tell us instead how much Pella cost the community because it didn't stick around? I happened to hear an interview with the Owner of Pella. Their business dropped off dramatically when the Energy rebates ended. They can't survive without $$$ in the consumer's pocket, even when it comes from "stimulus" spending, that's where the $$$ need to go. Tax breaks & incentives didn't save that facility.
Also, unless the minimum salary to any employee is $30K per year, the worker STILL is subsidized by some public safety net program and the business is not making profits by meeting the cost of doing business and beyond - it is claiming profits by skimming the taxpayer.