Tag Archives: Debt Ceiling
Dear Republican Members of Congress, and FOX News viewers,
The deficit and the national debt are not the same thing.
Under President George W. Bush you helped take a surplus and turned it into a record setting deficit of $1.85 trillion in his last budget year 2009; yes, 2009 is President Bush’s last budget year, just as 2017 will be President Obama’s last budget year. After five years under President Obama, the federal deficit has been cut in half to $672 billion, no thanks to your efforts to stop any improvement in the American economy.
We have record debt and deficits because you chose to fund two wars without raising taxes; we are still paying for those wars and you cannot lower the deficit, or decrease the debt, on the backs of those who answered the call to go to war; as much as you would like to, you cannot suddenly defund the VA or stop paying benefits for those who served.
You cannot reduce the deficit by refusing to raise the debt ceiling, which you know – or should know if you paid attention in Civics class – will not add one penny to either the federal deficit or the national debt; you cannot reduce the deficit by refusing to pay for bills we’ve already incurred.
For the record, you also cannot reduce the deficit by defunding the Affordable Care Act (Obamacare) – it is federal law; upheld by the United States Supreme Court and ratified by a majority of American voters in 2012; on top of all this, no matter how many times you vote to defund it (42 times to date) and no matter how much money you waste by holding those votes ($50 million at last count) such an effort will never be passed by the Senate or signed into law by the President.
Finally, saying you will “shut down the government” if Obamacare is not defunded is nothing short of domestic terrorism – FYI; the United States does not negotiate with terrorists, so stop trying to hold our country hostage to your demands; when you get a minute you should also probably look into how well shutting down the government worked out for the last Republican controlled House to do so.
The Majority of the American People
P.S., yes we are the majority; 169 million registered voters – 55 million registered Republicans = 114 million.
12 Jul 12 – Lied about when he left Bain Capital
23 Feb 12 – Lied about requiring Massachusetts’ non-profit hospitals to provide emergency contraception
01 Feb 12 – He claims he “Doesn’t Worry About the Poor”
18 Jan 12 – Mittens Stashed Millions in Offshore Accounts
09 Jan 12 – Mittens likes to fire people
04 Jan 12 – Big Bird to get the boot under Romney
13 Dec 11 – Mittens bet Perry $10k during a debate
28 Nov 11 – Mitt flip-flops repeatedly
23 Nov 11 – Romney said false ad’s ok
14 Nov 11 – Mittens said he’d prepare for war with Iran
08 Oct 11 – Romney lied to cadets at the Citadel
22 Sep 11 – Mittens claimed to be middle class
11 Aug 11 – Mittens said corporations are people
05 Aug 11 – Mittens pledged himself to evangelical group
01 Aug 11 – Romney opposed deal on debt ceiling
06 Jul 11 – Mittens lied about the economy
According to the Associated Press (AP) Republican Tea Party (GOTP) presidential candidate Mitt Romney opposes the deal to raise the nation’s debt ceiling.
Wow, big shocker; that story’s as surprising as one I once read which said, “Jews to celebrate Hanukah”.
It appears the former progressive Massachusetts governor says the compromise, backed by President Barack Obama and congressional leaders in both parties, opens the door to higher taxes and defense cuts. Romney opposes anything other than the House Republican “cut, cap and balance” approach that required Congress to send a balanced budget amendment to the states.
Of course he does. The fact Flopsy Mopsy (Romney) supports the idea of a constitutional amendment requiring the federal government to operate under a balanced budget demonstrates his lack of macroeconomics. Let’s make something abundantly clear; while it’s charming for GOTP candidates to talk of each of us having to balance our check books each month, national governments do not function on the same economic principal – never have and never will. Our country – as have virtually all countries – has always operated with a debt; while it’s true there have been budget surpluses – as in what George W. Bush inherited and promptly spent into record deficit levels – we have always had some debt; in fact, we’re still paying on some of the nation’s original debt incurred in winning our independence.
Romney (Flopsy) would balance the budget on the shoulders of the elderly and the poor while protecting the wealthiest 2% of the population – of which he is a member; same old GOTP plan.
Guess what other GOTP candidate opposes the deal? Michele (Krazy) Bachmann, that’s who, and the fact Flopsy (Romney) is in agreement with Krazy (Bachmann) should be enough to send Mitt running into the woods screaming in terror.
The Associated Press (AP) is reporting there’s been some sort of agreement met between the Democratic Party and the Republican Tea Party (GOTP) ending the perilous stalemate over raising the debt ceiling that could have ultimately ended in our nation defaulting on its debts for the first time in its history. President Barack Obama and congressional leaders announced the so-called historic agreement Sunday night.
Allegedly the proposed agreement would slice at least $2.4 trillion from federal spending over a decade, a steep price for many Democrats, too little for many Republicans.
Of course it is only a proposed agreement because the jack wagons of the Tea Party have yet to see it and comment on it, much less it hasn’t been voted on by the GOTP controlled House, so, it may be all for nothing.
The deal, with scant time remaining before Tuesday’s deadline for paying government bills, “will allow us to avoid default and end the crisis that Washington imposed on the rest of America,” President Obama said.
Default, the President said, “would have had a devastating effect on our economy.”
Of course Humpty Dumpty (Speaker John Boehner) was all gloom and doom even in reaching an agreement, “It isn’t the greatest deal in the world, but it shows how much we’ve changed the terms of the debate in this town,” he said on a conference call, according to GOP officials. He added the agreement was “all spending cuts. The White House bid to raise taxes has been shut down.”
So, there are no tax increases? That’s OK, those are coming when the Bush Tax Cuts expire, and since the President will be re-elected and the GOTP will probably lose its control of the House because of this nonsense, those cuts are going to become history. Then the wealthiest 2% will once again pay at least part of its share.
It appears the proposed debt increase will carry the country through to 2013; but the Tea Party Cujo’s in the House only want it to carry out for a few months. The President has said he would veto anything less than raising the debt ceiling enough to carry the country through the 2012 elections.
We’ll see if Boehner has the leadership credits to get it passed through the House; if not, then he’s through, though that’s pretty much assured now as the Tea Party smells blood in the water and is going to attack. Frankenstein’s monster has come home. Of course it could very well be that Boehner has found a way to ally moderate Republicans and Democrats to incapacitate the Tea Party freshman; if that’s the case, then the Tea Party’s 15 minutes of fame in the Congress may have passed.