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.
The Associated Press (AP) is reporting that Republican Tea Party (GOTP) presidential aspirant Michele Bachmann (aka Krazy) steadfastly refuses to answer questions about her family’s business and finances, saying that she – not her husband – was the one seeking the White House.
Oh snap! Isn’t that kind of like it was Senator Obama running for office and not his minister? She’s been married to Marcus more than twenty years, is she going to tell us none of his bizarre ideas on homosexuality have run off on her? Same logic used against the President during his campaign in 2008. It was the far-right talking heads who let that Genie out of the bottle and now it’s come home to roost. How marvelous. Isn’t karma grand?
Krazy (Bachmann) faced questions about her husband Marcus Bachmann’s Christian counseling clinic that attempts to convert gay patients as well as her own beliefs on sexuality during a luncheon at the National Press Club. With her husband sitting nearby, Bachmann (Krazy) said she expected scrutiny as a candidate but questions about her family were off-limits.
“I’m running for the presidency of the United States. My husband is not running for the presidency. Neither are my children. Neither is our business,” she said.
“I am more than happy to stand for questions on running for the presidency of the United States,” she continued. “I have no doubt that every jot and tittle of my life will be fully looked at and inspected prior to November of 2012.”
Well “every jot and tittle” includes her family, her beliefs and her business dealings. How else are we supposed to know if she’s really the evangelical lunatic she’s always claimed to be?
Krazy (Bachmann), who’s campaigning hard ahead of next month’s debate and straw poll in Iowa, steadfastly refuses to discuss the family’s business that has faced criticism from gay rights groups. When asked to describe her beliefs on gay therapy, she said she loved her husband of 32 years and then said her husband was not a campaign issue.
Hold the phone. She was asked what her beliefs on gay therapy were, and that’s a legit question, she can’t side step it by claiming her husband isn’t running. Conservatives jumped all over Micelle Obama and things she had written in college, and now the tables are turned, and wasn’t it Bachmann who took on the First Lady over her views on breast feeding? Well, yes it was. If it’s good for the goose, it’s certainly good for the gander.
Interestingly enough Krazy (Bachmann) has also been facing questions about her opposition to Fannie Mae and Freddie Mac. The Washington Post reported this week that it has copies of loan documents suggesting her family used those federally subsidized programs in 2008.
“Unlike all of you, who I’m sure paid cash for your homes, there are people out there like myself who actually have to go to a bank to get a mortgage. This is a problem: it’s almost impossible to buy a home in this country today without the federal government being involved,” she said.
“We need to get the federal government out of these programs.”
Bachmann (Krazy) discussed Congress’ ongoing effort to increase the nation’s debt limit; and she characteristically downplayed the catastrophic consequences predicted if lawmakers allow the United States to default on its debts.
Krazy (Bachmann), a darling of the Tea Party, has vowed to vote against any increase in the debt ceiling and called the deal being negotiated on Capitol Hill as one based on “illusory” and “counterfeit” savings. She said President Barack Obama has misled the American people on when the government would run out of borrowing authority and has employed “scare tactics” that have needlessly spooked Wall Street.
“The current negotiations over the debt ceiling illustrate exactly what is wrong with Washington, D.C., today,” said during her speech. “The lack of a clear plan from our president to substantially reduce our debt is what’s scaring the markets. … The markets know when politicians are serious about spending cuts and the markets know when politicians are not.”
Like when GOTP members of Congress ran away from a plan proposed by President Obama to reduce the spending by more than $4 billion dollars? Is that the kind not being serious about spending cuts she was referring to?
Krazy (Bachmann) is a hypocrite and a traitor; she claims her family is off limits when for three years she’s repeatedly gone after Michelle Obama; she claims to love the Constitution and our troops but is playing games with the country’s economic stability in time of war.
The Associated Press (AP) is reporting that Republican Tea Party (GOTP) favorite, Illinois Congressman Joe Walsh, the fellow who won his race last year by vowing to bring fiscal responsibility to Washington and who has been one of President Barack Obama’s most outspoken critics during the standoff over the debt ceiling, is being sued for more than $100,000 in unpaid child support.
Spit take – clean off monitor – what!? It just doesn’t get any better than when “family values” candidates are caught failing to take care of family. This hypocrite is lecturing others on fiscal responsibility? OK …
The Chicago Sun-Times is reporting that the GOTP freshman congressman’s ex-wife, Laura Walsh, filed the claim against him in December as part of their divorce case, saying he owed $117,437 to her and their three children. The ex-Mrs. Walsh is contending that her dead beat husband loaned his own campaign $35,000 and took international vacations but said he couldn’t afford child support payments because he was between jobs or out of work.
“Joe personally loaned his campaign $35,000, which, given that he failed to make any child support payments to Laura because he `had no money’ is surprising,” Laura Walsh’s attorneys wrote in the motion. “Joe has paid himself back at least $14,200 for the loans he gave himself.”
Wow, really? You’re paying back yourself while not taking care of your kids? But why is this surprising – considering he’s a Tea Party favorite? He’s the backbone of the crowd wanting to keep the top 2% protected while throwing the Greatest Generation under the bus. Just another family values guy who doesn’t understand either the word “family” or “values”. Can’t wait to see the ads his opponent is going to run.
As the debt ceiling lunacy continues, and the rabid Tea Party factions continue to become more and more unhinged, placing the United States’ full faith and credit in danger, and the economic stability of the country at risk, all this while American servicemen and women continue to fight and die in Iraq and Afghanistan, the President should give the Republican Tea Party (GOTP) controlled House until midnight on 1 August to grow up and pass a spotlessly clean raise in the debt ceiling or he should instruct the Secretary of the Treasury to do so under the 14th Amendment of the Constitution.
This is not something that should be considered at any other time, but our country is still at war. 278 Americans have given their last full measure of devotion while the morons on the right have postured and paraded around. 46 have died in recent weeks while Speaker John Boehner pontificates and loses his grip of control. Leadership requires leading and right now he doesn’t have it.
If the President raises the debt ceiling, without the approval of Congress, the GOTP will scream bloody murder and some will cry out for impeachment, while the talking heads (Limbaugh, Hannity, et al) will absolutely come unglued screaming that it’s a takeover, that the socialist dictator has finally made his move, blah, blah, blah; but if the President does this stating to not extend the debt ceiling, while the country is still at war, would be unacceptable and would weaken the nation’s economy when it can ill afford to be weakened he paints the GOTP as unpatriotic, as not caring for either the welfare of the nation or for its military; he comes across as a strong President and as a strong Commander-in-Chief.
Boehner has no control of his caucus, and Majority Leader Cantor has only an illusion of power, because who can lead a rabble? As for the good old boy from Kentucky, Senate Minority Leader Mitch McConnell has already openly declared his top priority is to defeat the President and prevent him from having a second term, so he’s proven where his loyalties are, and they’re not to the nation, they’re to his party.
The President has time to let the GOTP come to its senses, but he needs to back away and tell them flat out they have until 1 August and then he acts. Let them stew in their own juices, and let them fail, while saving the credit of the country. They can scream and rent their clothes, but they will have proven to the vast majority of Americans that they’re loyalties are to puppet masters holding pledges and not to the Constitution they’ve sworn to uphold, and not to the young troops defending the same; they will have proven they’re unfit to hold office. It’s a win/win for the President, but more importantly it’s a win/win for the country.