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  1. #126
    dangerous floater Winehole23's Avatar
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    But what none of these critics have is an alternative strategy for achieving anything nearly as fiscally or politically beneficial as Mr. Boehner's plan. The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or gradual government shutdown will ensue, and the public will turn en masse against . . . Barack Obama. The Republican House that failed to raise the debt ceiling would somehow escape all blame. Then Democrats would have no choice but to pass a balanced-budget amendment and reform en lements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor.

    This is the kind of crack political thinking that turned Sharron Angle and Christine O'Donnell into GOP Senate nominees. The reality is that the debt limit will be raised one way or another, and the only issue now is with how much fiscal reform and what political fallout.
    http://online.wsj.com/article/SB1000...986837494.html

  2. #127
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    yes, the Repug strategy is to damange/slime Barry for a shutdown that the Repugs pulled out of their stinkin asses.

  3. #128
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    The Bush Deficit



    http://www.tnr.com/blog/jonathan-coh...timulus-health

    ==========

    The Repugs, strong on national security, let 9/11 happen.

    The Repugs, strong fiscal conservatism, the MBA Whitehouse, ran the country into a financial/social ditch.

    But it's all Barry's fault.
    Last edited by boutons_deux; 07-28-2011 at 05:27 AM.

  4. #129
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    This graphic is just more evidence of Obama merely following in Bush's footsteps. Every item under Bush's column Obama has either endorsed, expanded or continued.

  5. #130
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    "Obama merely following in Bush's footsteps"

    dubya's criminal, bloody footsteps stopped 20 Jan 09, but the destructive Repug path he put the country on continues on the same trajectory. That momentum is very hard to deflect/correct. The Repugs are keeping it that way, objecting to stopping their 2 wars, and now the House Repugs are defunding or killing CFPB, EPA, IRS, etc while maintaining all tax loopholes for UCA and capitalists.

  6. #131
    Mr. John Wayne CosmicCowboy's Avatar
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    Boutons, it must suck terribly to be you.

  7. #132
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    "Obama merely following in Bush's footsteps"

    dubya's criminal, bloody footsteps stopped 20 Jan 09, but the destructive Repug path he put the country on continues on the same trajectory. That momentum is very hard to deflect/correct. The Repugs are keeping it that way, objecting to stopping their 2 wars, and now the House Repugs are defunding or killing CFPB, EPA, IRS, etc while maintaining all tax loopholes for UCA and capitalists.
    What makes the momentum hard to deflect/correct is Obama's endorsement of the trajectory we were on.

  8. #133
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    Americans For Tax Reform President Grover Norquist: It’s ‘Possible’ Default Would Be ‘Okay’ To Resist Raising Taxes

    http://thinkprogress.org/economy/201...default-taxes/

  9. #134
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    Warren Buffett: Debt ceiling should be removed

    Billionaire investor Warren Buffett says the debt ceiling should be done away with, arguing it is nothing more than an “artificial limit” that ends up wasting time in Congress.

    “All it does is slow down a process and divert people’s energy, causes people to posture. It doesn’t really make any sense,” the Berkshire Hathaway CEO said in an interview with NBC News on Monday afternoon at the White House. The interview followed a meeting Buffett and Bill and Melinda Gates had with President Barack Obama about charitable giving.


    http://www.politico.com/news/stories/0711/59335.html
    Last edited by boutons_deux; 07-28-2011 at 12:02 PM.

  10. #135
    Breaker of Derps RandomGuy's Avatar
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    Americans For Tax Reform President Grover Norquist: It’s ‘Possible’ Default Would Be ‘Okay’ To Resist Raising Taxes

    http://thinkprogress.org/economy/201...default-taxes/
    So you have the spiritual guru of the right essentially saying that default would be preferable to (gasp) raising taxes a % or two on the richest Americans.

    Meanwhile you have the Speaker of the House speaking a truth that many rank and file Republicans would be loathe to admit:

    BOEHNER: Well, first they want more. And my goodness, I want more too. And secondly, a lot of [the House Republicans] believe that if we get past August the second and we have enough chaos, we could force the Senate and the White House to accept a balanced budget amendment. I’m not sure that that — I don’t think that that strategy works. Because I think the closer we get to August the second, frankly, the less leverage we have vis a vis our colleagues in the Senate and the White House.
    I don't find this to be all that dissimilar to terrorists willing to do whatever it takes to accomplish their political goals.

    I don't want to hear any bull about how this is going to end up being Obama's fault, and the innocent Republicans just didn't get dealt with fairly.

  11. #136
    Breaker of Derps RandomGuy's Avatar
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    For people who ed about having things "forced down our throats", this crowd certainly seems perfectly willing to do just that.

  12. #137
    Mr. John Wayne CosmicCowboy's Avatar
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    The house WILL send a bill that approves extending the debt limit to the Senate. Whether the Senate and Obama sign off on it will be their choice at that point.

  13. #138
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    For people who ed about having things "forced down our throats", this crowd certainly seems perfectly willing to do just that.
    democrats = republicans = okay with forcing stuff down the other's throats = not okay with having stuff forced down their thoats

  14. #139
    Breaker of Derps RandomGuy's Avatar
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    Speaking of old Grover, here is the newest Whopper, supply siders take note:


    "Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged."


    Getting back to Norquist's statement, he said, "Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged." Clearly, he intends that as a statement of causation. But the analysis of Kravitz and Burman rebuts that. They found no evidence of a connection between actual economic growth and changes in capital gains tax rates. The actual effect of capital gains tax rates remains a hotly contested issue. We rate Norquist's statement False.
    http://www.politifact.com/truth-o-me...n-or-been-dam/

  15. #140
    Alleged Michigander ChumpDumper's Avatar
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    Buffet has a good point. Why is there a debt limit?

  16. #141
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    AZ Repus, the NICEST bunch of people, are trashing the Dems for wanting change the write-off on corporate/private jets.

    and yet the AZ cowboy bubbas, and bubbas everywhere, still vote for these Repug assholes, OVER AND OVER AND OVER -- Jim Baker

  17. #142
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    Buffet has a good point. Why is there a debt limit?
    in 1917, it was supposed to keep a lid on govt debt as US was in a war. Kinda dumb, and totally ineffective, technique, or do you just stop spending on a war in the middle of it?

    How about next Tue, we stop sending checks to the MIC rather than to SS seniors?

  18. #143
    Breaker of Derps RandomGuy's Avatar
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    democrats = republicans = okay with forcing stuff down the other's throats = not okay with having stuff forced down their thoats
    That is a good way to put it.

    In the end, though, to me there is a huge difference between effects of potentially bad health care policy, and deliberately creating "chaos" for political gain.

  19. #144
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    As big a nuisances as the debt limit is, I'm still okay with the concept of there being at least one speedbump along the highway to unrestrained debt.

  20. #145
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    "Whether the Senate and Obama sign off on it will be their choice at that point."

    If the Repug plan means going through this anarchist/fake distraction Repug charade again next year, then I say the Repugs, no deal.

  21. #146
    Breaker of Derps RandomGuy's Avatar
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    As big a nuisances as the debt limit is, I'm still okay with the concept of there being at least one speedbump along the highway to unrestrained debt.
    You beat me to saying this.

    As much as I will and moan about how it is being done at the moment, some modi of periodic debate is healthy to avoid auto-pilot disasters.

  22. #147
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    "unrestrained debt."

    annual federal budgets still have to be voted, and that's a bigger speed bump than a debt limit or xx% of GDP.

  23. #148
    Alleged Michigander ChumpDumper's Avatar
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    As big a nuisances as the debt limit is, I'm still okay with the concept of there being at least one speedbump along the highway to unrestrained debt.
    How about just not spending so much?

  24. #149
    e^(i*pi) + 1 = 0 MannyIsGod's Avatar
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    As big a nuisances as the debt limit is, I'm still okay with the concept of there being at least one speedbump along the highway to unrestrained debt.
    The budget process says o, CG.

  25. #150
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    The budget process says o, CG.
    There's nothing in the budget process that serves as a restriction to debt we can run up.

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