the debt ceiling won't be raised? These tea party kooks have lost it. Does Obama have power to force it through?
anyone else afraid
- Thread starter Cie
- Start date
- Feb 26, 2001
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It will happen one way or another. Too much for both parties to lose. I'm not worried at all. The last thing the crooks want is for this game to end for them.
Boehner is sweating, but the teabaggers are staunchly opposed to raising debt ceiling, even bragging about how they will not vote to raise it. Insane behavior imo.
This should have already been accomplished. I dwfintely blame the republican-led house. This problem was created by them out of thin air. Don't we have enough fucking problems without manufacturing some more out of thin air:shrug: Pisses me off regardless of how this pans out.......
This should have already been accomplished. I dwfintely blame the republican-led house. This problem was created by them out of thin air. Don't we have enough fucking problems without manufacturing some more out of thin air:shrug: Pisses me off regardless of how this pans out.......
I think a compromise will be found. However, it might be best for the USA to default in order to put an end to the rampant stupidity of the 'baggers.
I honestly don't think the republicans or tea partiers or whatever they think will keep them elected will stand in the way of raising the debt ceiling. If it's not raised, our country will be in deep shit, and both sides know that.
I am hopeful that the way both sides seem to be starting to realize the ridiculousness of the situation will bring about some change moving forward, along with voters going after some of the staunch supporters of the status quo, that we'll get something done.
I don't think either party can figure this out at this point, or want to. But I don't like the alternatives, either. We have to have at least a two sided look at things, and hopefully the new influences can get people motivated to care, and not just say it doesn't matter how I vote.
I am hopeful that the way both sides seem to be starting to realize the ridiculousness of the situation will bring about some change moving forward, along with voters going after some of the staunch supporters of the status quo, that we'll get something done.
I don't think either party can figure this out at this point, or want to. But I don't like the alternatives, either. We have to have at least a two sided look at things, and hopefully the new influences can get people motivated to care, and not just say it doesn't matter how I vote.
I'm more with the Teabaggers than the GOP on this. At least they are honest. Big Republicans are the only ones completely unwilling to compromise at all, while everyone else is willing to give up something in the negotiation.
Admitting our fiscal irresponsible behavior is honorable - and the baggers are willing to do that. We all know we deserve to face the music and right the ship.
Admitting our fiscal irresponsible behavior is honorable - and the baggers are willing to do that. We all know we deserve to face the music and right the ship.
It's catch 22
we have admin with carte blanc power for 2 years to push through any/all agenda basically behind closed doors.--They run up over 4trillion in debt in those 2 years--and once again demanding the tax payer bail them out.
Where does it stop?--if not now-when? Europe confronted with same prob--when you win elections on promise to take from one class of people and give to another--there comes a time the one side will say enough--and take their ball and go elsewhere--and your left with the government and poor- ala venuezula.
--a little preview to the future--how many realize that General Motors now sell more cars in China than in U.S--guess where their future plants will be built?
Free enterprise-and working class are what made this country what it is--trying to penalize both for being successful--will have/has had-- consequences.
--not sure there are any answers anymore--when they can no longer can hold interest at artificially low rates--how long will be able to pay interest on debt-
The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
Thomas Jefferson
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This is hardly news. Everyone knows China's economic growth has been exploding over the past two decades. But strong sales in Asia is a good thing for GM, just as strong sales in Europe are.
Furthermore, GM's sales grew 18% over the first 6 months of 2011 in North America (over the previous year) and only 5% over the same period in China. GM sold a little over 1.25 million vehicles in each market over the first half of 2011.
You can cut the gloom and doom with a knife in this thread. Think about it... do you guys really think those who benefit the most from the economic status quo are going to let the U.S. default on it's debts? Not a chance. It's all just posturing.
The Obama will sign a bill to extend the debt for the short term with nothing of substance attached.
Who actually thinks either party can step up and provide any level of leadership.
I agree with others that the supposive shock of default is what we need to begin the cleansing process.
Who actually thinks either party can step up and provide any level of leadership.
I agree with others that the supposive shock of default is what we need to begin the cleansing process.
I'm sick of both parties wanting to kick the can down the road, it's always about waiting for the NEXT election cycle, these people aren't in a war zone, they were elected to do a JOB. FIX the PROBLEMS!!!!!!!!!!!!
:facepalm:
JMO
:facepalm:
JMO
How to Save $2 Trillionby Alan Grayson on Wednesday, July 20, 2011 at 1:23pm
There are 23 million Americans who can?t find full-time work, according to the Bureau of Labor Statistics.
There are 50 million Americans who can?t see a doctor when they are sick, according to the Centers for Disease Control.
There are more than 15 million American families who owe more on their mortgage than their homes are worth, according to Zillow. That?s almost a third of all the families who own homes.
If I were in Congress right now, these are the problems that I would be trying to solve.
But instead, we see a bizarre preoccupation ? no, really, an obsession ? with cutting federal benefits. Some kind of weird contest to see who can inflict the most pain on the American people. With the proponent of each new sadistic plan announcing proudly, ?mine is bigger than yours.?
I?ll be honest ? the federal deficit for the year 2021 is not something that I spend a lot of time thinking about, these days. But let?s assume ? arguendo, as they used to say back in Ancient Rome ? that for some reason, there were some compelling, emergency need to work out how to cut $2 trillion from projected federal budget deficits over the next ten years.
I have an idea about how to do that. It?s a very simple idea. In fact, I can sum it up in one word, with five letters:
PEACE.
Now, I know that peace may not be as popular as it used to be. The polling is very iffy. The focus groups are mixed. But let?s look at the facts.
Last year, we spent $154 billion in appropriated funds on the wars in Iraq and Afghanistan. That is in addition to the $549 billion in appropriated funds for the Pentagon ? you know, just to keep the lights on. And the non-appropriated cost of war was even higher ? especially when you include the cost of care for the 15% of all the American troops in Iraq who come home with permanent brain abnormalities. According to Nobel Prize winner Joseph Stiglitz, the war in Iraq alone is costing us $4 trillion and counting. That?s more than $13,000 for every one of us, and roughly 8% of our entire net worth as a nation.
The cost of war is enormous. So enormous that, as I pointed out in H.R. 5353, The War is Making You Poor Act, if we simply funded that cost through the Pentagon?s own budget, rather than through supplemental appropriations, we could eliminate taxes on everyone?s first $35,000 of income($70,000 for married couples), and still reduce the deficit by more than $10 billion a year.
And that was last year. Since then, the number of wars has gone up by 50%.
This is what Pat Buchanan ? of all people, Pat Buchanan ? said two weeks ago:
"The United States is strategically over-extended, worldwide. What are we doing borrowing money from Japan to defend Japan. Borrow money from Europe to defend Europe. Borrow money from the Persian Gulf to defend the Persian Gulf. This country is over-extended. It is an empire and the empire is coming down."
You say that you want to save $2 trillion in ten years? It?s simple: end the occupations of Iraq and Afghanistan, and end whatever it is that they are calling it now in Libya. I?d rather do that than throw Granny from the train.
But that?s just me.
Guns or butter. It?s not a new choice.
I prefer butter.
What about you?
Courage,
Alan Grayson
There are 23 million Americans who can?t find full-time work, according to the Bureau of Labor Statistics.
There are 50 million Americans who can?t see a doctor when they are sick, according to the Centers for Disease Control.
There are more than 15 million American families who owe more on their mortgage than their homes are worth, according to Zillow. That?s almost a third of all the families who own homes.
If I were in Congress right now, these are the problems that I would be trying to solve.
But instead, we see a bizarre preoccupation ? no, really, an obsession ? with cutting federal benefits. Some kind of weird contest to see who can inflict the most pain on the American people. With the proponent of each new sadistic plan announcing proudly, ?mine is bigger than yours.?
I?ll be honest ? the federal deficit for the year 2021 is not something that I spend a lot of time thinking about, these days. But let?s assume ? arguendo, as they used to say back in Ancient Rome ? that for some reason, there were some compelling, emergency need to work out how to cut $2 trillion from projected federal budget deficits over the next ten years.
I have an idea about how to do that. It?s a very simple idea. In fact, I can sum it up in one word, with five letters:
PEACE.
Now, I know that peace may not be as popular as it used to be. The polling is very iffy. The focus groups are mixed. But let?s look at the facts.
Last year, we spent $154 billion in appropriated funds on the wars in Iraq and Afghanistan. That is in addition to the $549 billion in appropriated funds for the Pentagon ? you know, just to keep the lights on. And the non-appropriated cost of war was even higher ? especially when you include the cost of care for the 15% of all the American troops in Iraq who come home with permanent brain abnormalities. According to Nobel Prize winner Joseph Stiglitz, the war in Iraq alone is costing us $4 trillion and counting. That?s more than $13,000 for every one of us, and roughly 8% of our entire net worth as a nation.
The cost of war is enormous. So enormous that, as I pointed out in H.R. 5353, The War is Making You Poor Act, if we simply funded that cost through the Pentagon?s own budget, rather than through supplemental appropriations, we could eliminate taxes on everyone?s first $35,000 of income($70,000 for married couples), and still reduce the deficit by more than $10 billion a year.
And that was last year. Since then, the number of wars has gone up by 50%.
This is what Pat Buchanan ? of all people, Pat Buchanan ? said two weeks ago:
"The United States is strategically over-extended, worldwide. What are we doing borrowing money from Japan to defend Japan. Borrow money from Europe to defend Europe. Borrow money from the Persian Gulf to defend the Persian Gulf. This country is over-extended. It is an empire and the empire is coming down."
You say that you want to save $2 trillion in ten years? It?s simple: end the occupations of Iraq and Afghanistan, and end whatever it is that they are calling it now in Libya. I?d rather do that than throw Granny from the train.
But that?s just me.
Guns or butter. It?s not a new choice.
I prefer butter.
What about you?
Courage,
Alan Grayson
