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No Right Turns…

I swear there’s a little man out

 
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Posted by on October 11, 2013 in Government Shutdown 2013

 

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A letter to the Republican Members of Congress (and FOX News viewers)…

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.

Sincerely,

The Majority of the American People

P.S., yes we are the majority; 169 million registered voters – 55 million registered Republicans = 114 million.

 
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Posted by on September 24, 2013 in Debt Ceiling

 

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Just a thought…

Isn’t it odd how House Republicans voted to

 
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Posted by on September 23, 2013 in Debt Ceiling

 

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Reasons Why I Can’t Vote for Romney (and yes this list will no doubt grow and need to be amended)

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

27 Jan 12 – Failed to Report Interest Earned in His Off Shore Accounts

27 Jan 12 – Lied about his Fannie and Freddie investments being in a blind trust

18 Jan 12 – Mittens Stashed Millions in Offshore Accounts

17 Jan 12 – Romney says $362,000 in Speaking Fees is ‘Not Very Much’?

11 Jan 12 – Romney doesn’t get it; believes class warfare is about envy

09 Jan 12 – Mittens vetoed contraception bill for rape victims as governor

09 Jan 12 – Mittens likes to fire people

05 Jan 12 – Mittens’ tax plan, steal from the poor and give to the rich

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

06 Sep 11 – Mittens economic plan favors the rich over everyone else

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

 
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Posted by on February 3, 2012 in 2012 Election

 

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Romney opposes debt ceiling deal?

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.

 

 
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Posted by on August 1, 2011 in 2012 Election

 

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What’s in this deal?

The White House is saying the so-called “bi-partisan” debt ceiling deal “removes the cloud of uncertainty over our economy at this critical time, by ensuring that no one will be able to use the threat of the nation’s first default now, or in only a few months, for political gain;

“Locks in a down payment on significant deficit reduction, with savings from both domestic and Pentagon spending, and is designed to protect crucial investments like aid for college students;

“Establishes a bipartisan process to seek a balanced approach to larger deficit reduction through entitlement and tax reform;

“Deploys an enforcement mechanism that gives all sides an incentive to reach bipartisan compromise on historic deficit reduction, while protecting Social Security, Medicare beneficiaries and low-income programs;

“Stays true to the President’s commitment to shared sacrifice by preventing the middle class, seniors and those who are most vulnerable from shouldering the burden of deficit reduction; the President did not agree to any entitlement reforms outside of the context of a bipartisan committee process where tax reform will be on the table and the President will insist on shared sacrifice from the most well-off and those with the most indefensible tax breaks.”

The “deal” – if approved by both houses of Congress (something that remains to be seen) – “immediately enacts a 10-year discretionary spending caps generating nearly $1 trillion in deficit reduction; balanced between defense and non-defense spending.”

The “deal” authorizes the President (by Congress – if it passes) to increase the debt limit by at least $2.1 trillion, eliminating the need for further increases until 2013. Everyone needs to understand that the financial side of all things in government originates in the United States House of Representatives – currently controlled by the Republican Tea Party (GOTP) – and it’s upon their collective shoulders that debt originates from. The President can’t spend a dime without Congressional – particularly the House – approval.

The “deal” creates a bipartisan committee (also being dubbed the uber-committee) process tasked with identifying an additional $1.5 trillion in deficit reduction, including from entitlement and tax reform. Committee is required to report legislation by November 23, 2011, which receives fast-track protections. Congress is required to vote on Committee recommendations by December 23, 2011. This is something never done before; it’s extra-constitutional in nature and will prove interesting to see how – or if – it functions, and to see if its creation – or decisions – isn’t soon challenged before the Supreme Court.

The “deal” also creates an “enforcement mechanism” established to force all parties – Republican and Democrat – to agree to balanced deficit reduction has been put in place so that if the uber-committee fails, then the enforcement mechanism will trigger spending reductions beginning in 2013 – split 50/50 between domestic and defense spending. Enforcement protects Social Security, Medicare beneficiaries, and low-income programs from any cuts. It’s the Terminator for budget reduction; of course once it is released it will be fascinating to see if it can be controlled, or if it will simply run a muck through the halls of Congress saying “Hasta la vista, baby”.

The bi-partisan “deal” – if approved – supposedly removes the cloud of economic uncertainty until 2013, eliminating the economy to move forward without the mill stone of the Tea Party Congress dragging it down; which is a good thing since most independent analysts, economists, and ratings agencies – meaning anyone not on the payroll of FOX PAC and the Heritage Fundation (yes it’s a deliberate misspelling) – have all made clear that a short-term debt limit increase would create unacceptable economic uncertainty by risking default again within only a matter of months and as S&P stated, increase the chance of a downgrade. By ensuring a debt limit increase of at least $2.1 trillion, this deal removes the specter of default, providing important certainty to our economy at a fragile moment. The plus side is – if Congress approves it – that this puts the crazies in the closet until after the 2012 election when hopefully most of them have been defeated and the Congress can reach a normal level of grid-lock as compared to the Mad Hatter’s Wild Tea Cup Ride we’ve all been exposed to of late.

The “deal” is supposed to provide more than $900 billion in savings over 10 years by capping discretionary spending including savings of $350 billion from the base defense budget; which are the first defense cuts since the 1990s and which are supposed to be implemented based on the outcome of a review of our missions, roles, and capabilities that will reflect the President’s commitment to protecting our national security. Which means these cuts may never happen at all. To be sure the war rabid Tea Party members of Congress will never vote to cut defense spending, not while the specter of “Islamic Fascism” is repeatedly resurrected whenever FOX PAC needs a ratings boost.

But it doesn’t just cut defense spending; the other $550 billion will be taken from domestic discretionary spending, which will – if approved – drop to the lowest level since Dwight D. Eisenhower was President (1953-1961).

Allegedly the “deal” is designed to achieve balanced deficit reduction, consistent with the values the President articulated in his April Fiscal Framework. The discretionary savings are spread between both domestic and defense spending. And the President will demand that the uber-committee pursue a balanced deficit reduction package, where any entitlement reforms are coupled with revenue-raising tax reform that asks for the most fortunate Americans to sacrifice. The fact the President will have the option to push for tax increases may be the deal breaker for the Tea Party Freshman, who claim they will never vote for any tax increase. This appears to be the spoonful of sugar meant to help the medicine of domestic cuts easier to swallow by the Democrats.

Additionally, it appears that the Terminator enforcement mechanism complements the forcing event already in law which is the expiration of the Bush Tax Cuts; it appears it will force the uber-committee’s hand into allowing the Bush tax cuts to finally expire on 1 January 2013. In effect, if the uber-committee fails to come up with balanced deal, it would enable the President to use his veto pen to ensure nearly $1 trillion in additional deficit reduction by not extending the high-income tax cuts. If the President is re-elected – with seems entirely possible – it is certainly probable that the Bush Tax Cuts will expire, with or without a deal from the uber-committee as nothing says the President has to allow them to continue.

While there will be cuts in domestic spending, it appears the President stood firmly against proposals that would have placed the sole burden of deficit reduction on lower-income and middle-class families. This includes not only proposals in the House Republican Tea Party Budget that would have undermined the core commitments of Medicare to our seniors and forced tens of millions of low-income Americans to go without health insurance, but also enforcement mechanisms that would have forced automatic cuts to low-income programs. The Terminator enforcement mechanism in the deal exempts Social Security, Medicaid, Medicare benefits, unemployment insurance, programs for low-income families, and civilian and military retirement. It will be interesting to see where the uber-committee finds places to cut considering all the programs protected. Of course all of this is dependent on whether or not the severely weakened Speaker – John Boehner – has the political muscle to force it through the House.

 
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Posted by on August 1, 2011 in Debt Ceiling

 

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Agreement reached?

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.

 
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Posted by on July 31, 2011 in Debt Ceiling

 

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