“Will No One Rid Me Of This Turbulent Debt Ceiling?”

“Because, well, who needs one anyway? It’s just standing in the way of the Holy One, the LightBringer’s enlightened leadership!”

In the past few years, the U.S. economy has been beset by the subprime meltdown

Thanks, Barney Fwank and the entire rest of the NSDWP.

skyrocketing oil prices,

Thanks, Il Douche.

the Eurozone debt crisis, and even the Tohoku earthquake. Now it’s staring at a new problem—a failure to raise the debt ceiling, which would almost certainly throw the economy back into recession

We weren’t aware that we were even out of the one started by Il Douche, and now we’re about to be thrown back into one? Of course, His Imperial Majesty is one of those sad throwbacks to a world at least several years ago when “recovery” meant something more than GDP growth struggling to even crawl north of 2% and job growth that could at least outpace population growth, as opposed to a clownshoe who wouldn’t recognize a textbook in Macroeconomics if it fell and flattened his jugears reading the word aloud from a teleprompter.

It’s interesting, though. We mean, after all Il Douche might have some insight into the workings of an actual economy (as opposed to the fantasy ones that Marxism is based on), but we’ll never know, will we? His college transcripts, along with every single other detail about his alleged accomplishments and life, are more closely guarded than our nuclear launch codes. We guess we’ll just have to take his and the Make Believe Media’s word for it, but we repeat ourself.

At least the Roman Empire demanded some documentation proving that the next Emperor was actually connected to the line of succession before they moved him into the palace.

Now, all we have is the assurances of such scholars as Chris Tingles that Il Douche is, indeed, the Messiah and, with the help of the establishment GOP, any questions asked are “unhelpful”, “uncivilized”, “ridiculous”, “distracting” and, in a display of supreme irony while we’re talking about the Roman Empire and the fall thereof, positively “Visigothic.

The economy prior to Il Douche’s catastrophic reign, on the other hand, was, by the same “conventional wisdom” (conventional wisdom isn’t, just as friendly fire isn’t), the worst one since Hoover.

How we find ourselves wishing that we still lived in George W Bush’s “worst economy since Hoover.” What, with GDP growth steadily above 4%, unemployment rates flittering between 4% and 5%, negligible inflation and gas prices that would let you fill up your tank without taking out a second mortgage on your firstborn’s kidney. In our opinion, if the Mainly Liberal Media’s narrative is to believed, Hoover didn’t get nearly the credit he deserved.

Unlike those other problems, however, this one would be wholly of our own making. If the economy suffers as a result, it’ll be what a soccer fan might call the biggest own goal in history.

We already have that. We, those of us with brains and even a basic comprehension of math, refer to it as “the election of Il Douche.”

The truth is that the United States doesn’t need, and shouldn’t have, a debt ceiling. Every other democratic country, with the exception of Denmark, does fine without one.

Actually, Denmark does exceedingly well with one, at least compared to the other countries who “don’t need one”, such as the economic powerhouses of Ireland and Greece.

There’s no debt limit in the Constitution. And, if Congress really wants to hold down government debt, it already has a way to do so that doesn’t risk economic chaos—namely, the annual budgeting process.

Very true. How helpful it would be if the NSDWP would bother to actually propose, much less pass one, a duty that they have utterly neglected since the fiddy2ers, in a fit of Make Believe Media-induced pique, decided to take a momentous bowel movement in their own nest.

Sadly, they were too busy running up the nation’s debt to truly astronomical levels in order to WTF?, er, Win The Future, passing bills that nobody ought to read since we’d have to pass them to find out what was in them.

The only reason we need to lift the debt ceiling, after all, is to pay for spending that Congress has already authorized.

Not to mention the spending that hasn’t been authorized as such, since it has never been included in any budget for the very simple reason that the NSDWP couldn’t be arsed to pass one even when they were controlling all three houses of power.

If the debt ceiling isn’t raised, we’ll face an absurd scenario in which Congress will have ordered the President to execute two laws that are flatly at odds with each other. If he obeys the debt ceiling, he cannot spend the money that Congress has told him to spend, which is why most government functions will be shut down. Yet if he spends the money as Congress has authorized him to he’ll end up violating the debt ceiling.

Which is why we have a debt ceiling. It was a, vain we know, attempt to keep idiot national socialists like the NSDWP from authorizing spending we could not pay for.

Unfortunately, nobody apparently had the brains to foresee that we’d have to deal with voters with an IQ that would embarrass one of the First Wookie’s orders of french fries, extra fat please.

As it happens, the debt ceiling, which was adopted in 1917, did have a purpose once—it was a way for Congress to keep the President accountable.

And it failed, as we now know, thanks to a party that considers the law of the land nothing more than a tiresome impediment to their mission of doing whatever they please, and an “opposition” party whose main concern is not what they promise their voters in order to get elected, but what the editorials written by people who hate their guts might write about them and an electorate so dumb that had they evolved sooner, paramecia would be the dominant life form on earth now.

Congress used to exercise only loose control over the government budget,

And now, apparently, their main mission in life is to make sure that they exercise even less.

and the President was able to borrow money and spend money with little legislative oversight.

As any good dictator, by right, ought to be able to do.

But this hasn’t been the case since 1974; Congress now passes comprehensive budget resolutions that detail exactly how the government will tax and spend,

Until the NSDWP decided that they didn’t have time to do even that, making you wonder what the Hades they’re hired to do at all.

and the Treasury Department borrows only the money that Congress allows it to.

How is a Sun King supposed to rule that way?

(It’s why TARP, for instance, required Congress to pass a law authorizing the Treasury to act.)

Insisting that the representatives of the taxpayers have to authorize what taxes may be spent on? How bloody RUDE!

This makes the debt ceiling an anachronism.

No. What made it an anachronism is that the new and improved Narrative was decided, by the Make Marx Media, to be “spend like there’s no tomorrow!”

These days, the debt limit actually makes the President less accountable to Congress, not more: if the ceiling isn’t raised, it’s President Obama who will be deciding which bills get paid and which don’t, with no say from Congress.

And we’ve already learned, coming from the Jugeared Horse’s Mouth itself, that the bills not getting paid will be payments to service the debt, which we have ample funds for, to pay granny’s Social Security check, which we have ample funds for, to pay her medical treatments, which we have ample funds for, and to pay for the nation’s defense, which we have ample funds for.

Way to go, Party of the Little People and Our Nation’s Security!

One argument you hear for having a debt ceiling is that it’s useful as what the political theorist Jon Elster calls a “precommitment device”—a way of keeping ourselves from acting recklessly in the future, like Ulysses protecting himself from the Sirens by having himself bound to the mast.

Or like the First Wookie protecting herself from the Siren Song of the McDonald’s drive-through by disabling the switches for the power-windows in her limo.

As precommitment devices go, however, the debt limit is both too weak and too strong. It’s too weak because Congress can simply vote to lift it, as it has done more than seventy times in the past fifty years.

And oh boy how well that turned out! So why is it suddenly so onerous a task to do the same now? What? The people, the ones actually paying the bills aren’t hip on the idea anymore? BLOODY PLEBES!

But it’s too strong because its negative consequences (default, higher interest rates, financial turmoil)

First, there isn’t and never was a legitimate threat of “default”, since “default” means “inability to service your current debts.” We have more than enough funds to service our current debt IF, and only IF Il Douche chooses to service it. If it’s not serviced, it’s entirely the choice of Il Douche and his NSDWP, something we wish that Weepy Boner and the other clowns of the Party of Stupid would bother to point out at least once but, again, that would be “unhelpful.”

Second, higher interest rates would come from a downgrade in our credit rating. Such a downgrade would inevitably result from a default, which won’t happen unless Il Douche decides to let it happen, or from an utter lack of faith that we’re taking our debt issues seriously which would, equally inevitably, result from anybody deciding to go with the retarded NSDWP notion of the writer of this load of freeze-dried bullshit column that we should just raise our own credit limit as we bloody well please without showing any signs that we’re actually going to work on our issues.

You see, Mr. Surowiecki who doesn’t know what the everloving fuck his primate brain is trying to talk about, our credit rating is based on our creditors’ expectations that we’ll ever get to a point where we might actually pay back the principal on our debt. They, unlike you, don’t really give a flying horsefly’s fuck how “historic” and “transformative” your naked Messiah is, all they care about is the likelihood that they’ll get the dough that they advanced to us back.

Yes, this is too difficult for you, so let’s bring it down to a level that you might, might understand:

You go max out all your credit cards and then, when you’ve done that and the bills start pouring in, go see your bank and say that, whereas you have no intentions, real intentions that is, of living within your means, taking on an extra job so you can help paying off the principals, you just want your fucking credit limit increased or you won’t keep paying your minimums.

Then tell us whether they had security throw you out or whether they were too busy laughing their butts off. One thing we can assure you is that your credit rating will fucking plummet immediately.

Our credit rating as a nation can go down the toilet in two ways: 1) Il Douche decides to stop paying the minimum payments or 2) we tell the world that we know we have a problem, but we’re not going to do fuck all about it, but we promise you that we’ll pay you next week for a hamburger today.

The debt ceiling is our way of telling the world that we take this seriously. If we abolish it, we’re telling them that they shouldn’t take us seriously at all.

are disastrously out of proportion to the behavior it’s trying to regulate. For the U.S. to default now, when investors are happily lending it money at exceedingly reasonable rates, would be akin to shooting yourself in the head for failing to follow your diet.

Because, obviously, they’re going to keep on endlessly lending us money at “exceedingly reasonable rates” no matter how the fuck seriously we take our current obligations.

You try fucking tell that too a bookie once he sees that you won’t even be able to pay the vig on what you already owe him, much less what you’re insisting that he should allow you to owe him on top.

No fucking wonder that the NSDWP is the party of addicts in this nation.

Thatisall.

29 comments

  1. 1
  2. 2
    LC Jackboot IC/A growls and barks:

    deal with voters with an IQ that would embarrass one of the First Wookie’s orders of french fries, extra fat please.

    As George Carlin says in one of his routines, “we (the electorate) SUCK !!” and THAT is how we find ourselves in a crisis.

    Elected officials willing to do ANYTHING to keep their sinecure. An electorate that will vote again and again for whatever pol that promises more free shit, AND the same bastards that pay NO taxes and receive the MOST handouts. It doesn’t take a rocket scientist to figure out those cocksuckers, sitting on their bloody asses and watching a 60″ HD. I see these jerks all the time in my store, paying for shit with the LoneStar card, and then loading their shit into a new Beemer.

    That makes blood shoot out of my eyes. I bust my ass every day for a reasonable salary, pay taxes on same, to give it to these leeches so they can watch House Wives of Jersey.

    Even fucking FOX is now saying “on Aug. 2 when we default” as if it’s something automatic.

    We have an opportunity here to break this off in Ogabe’s asshole, yet we’ll be civil, G-d forbid fucking Paul Krugman writes something mean about us.

    If we roll over on this one, we’ll get the blame.

    The question IS what are you willing to do?

  3. 3
    FrankOK growls and barks:

    Isn’t there any possible way to grab the Lawn Jockey in Chief, Heinrich Holder plus a few other of our lovelies and deliver them to the Mexicans with the message:

    “These are the bastards that arranged for the smuggling of all those guns into your country under color of law – do with them as you will – we don’t want them back”.

    Maybe they’d take a Wookie, too …

  4. 4
    readerjp growls and barks:

    I found it interesting that he said no other country has a debt ceiling limit except Denmark. What do you think of that, Misha?

  5. 5
    LC hilljohnny growls and barks:

    i have heard a lot about Moody’s threat to reduce our credit rating if the debt ceiling is not raised.
    how does not borrowing more money make us a credit risk?

  6. 6
    Virago growls and barks:

    Why do I feel like I’m living in the twilight zone? I will credit Boner with trying but the GOP just doesn’t have the will or the power to force the issue of actually cutting spending. It’s not the debt ceiling, I think that’s a political ploy. It!s the spending more than we can afford that is the problem. Government has grown by design of the greedy and power hungry. For 30 years there has been a strategy to make us dependent on the handout’s. How do we change the mindset of the freeloader’s and 47% that don’t pay taxes that freedom is more important than freebees?

  7. 7
    Emperor Misha I growls and barks:

    readerjp says:

    I found it interesting that he said no other country has a debt ceiling limit except Denmark. What do you think of that, Misha?

    You know, truth be told, I wasn’t even aware that Denmark had a debt ceiling, it just never popped up in the news, suggesting that raising it never really came up all that much. What I DO know is that it hasn’t hurt the country at all, as it remains one of the few relatively solid economies over there.

    Unlike those wonderful debt ceiling free utopias like Greece and Ireland.

  8. 8
    Farmor growls and barks:

    Men det kan jo ændre sig, hvis jeres tåbenakke får lov at gøre, hvad han er i gang med – sorry – had to do this in Danish, since I don’t know a word for tåbenakke in English.
    :em04: :em08:

  9. 9
    LC Gladiator growls and barks:

    The economy has indeed stalled, but it’s not despite Barry’s efforts, it’s now largely due to his efforts. He is completely incapable of understanding the dynamics of a capitalist economy, he understands Marxism, collectivist notions, socialism, and that is what he has been busy applying. And American business is scared to death because of him. The unacceptable (to Barry) fact is, the only way Barry can succeed is for him to drop all his statist ideals, ideas, Obamacare, the whole works. That is something he can’t yet bring himself to do and likely never will. His fate is sealed, he is officially a failure as president. His dream of creating the socialist, statist utopia is our nightmare and will fail like every other governmentally largessed socialist experiment in history. He is the gambler at the slot machine that thinks the next bet will be the one that wins the jackpot despite the fact that that machine has never, ever paid out. He has unravelled the American economy in 30 months to a state not seen before. We can only pray and hope that that more experienced, clear thinking heads will prevail and can undo and thwart the damage Barry has done and is continuing to do.

  10. 10
    LC LOBO growls and barks:

    And a little bit more due to barry’s fucking of the working man,

    “Nearly every day without fail…men stream to these [mining] operations looking for work in Walker County. They can’t pay their mortgage. They can’t pay their car note. They can’t feed their families. They don’t have health insurance. And as I stand here today, I just…you know…what’s the use? I got a permit to open up an underground coal mine that would employ probably 125 people. They’d be paid wages from $50,000 to $150,000 a year. We would consume probably $50 million to $60 million in consumables a year, putting more men to work. And my only idea today is to go home. What’s the use? I see these guys—I see them with tears in their eyes—looking for work. And if there’s so much opposition to these guys making a living, I feel like there’s no need in me putting out the effort to provide work for them. So…basically what I’ve decided is not to open the mine. I’m just quitting. Thank you.”

    More here

  11. 11
    BigDogg growls and barks:

    LC LOBO @ 11:

    So…basically what I’ve decided is not to open the mine. I’m just quitting. Thank you.

    Atlas Shrugged.

  12. 12
    FrankOK growls and barks:

    I STILL believe the motherfuckers are doing something behind the scenes while this bullshit game gets the press.

    … probably trying to finalize their North American Union.

    We shall see.

  13. 13
    readerjp growls and barks:

    While Obama presides over this mess, his hands are tied by the Constitution, which says that spending, budget, and finances MUST originate in the House, and go through the Senate. All Obama can do is request. He gets what he is given. To think otherwise is not to have an understanding of how our government works.

    This is the point. Obama simply ignores the Constitution. His role is to approve or veto the budget. The Democrats haven’t offered one in 3 years. He should NOT be in charge of what we spend. According to the Constitution, as you said. He is not offering a budget either, nor are the Democrats. This whole thing is about him not getting his way. He resembles nothing more than a 4-year old throwing a temper tantrum. He REFUSES to accept what he is given. Even Harry Reid brought a compromise budget to him, and he refused to accept it.

    It’s his way or the highway, never mind the people, never mind the Congress, never mind the CONSTITUTION. Never mind the economy or the country. Never mind the well-being or future of this country.

  14. 14
    LC Gladiator growls and barks:

    We lose passing a sham bill that doesn’t do anything.

    Enough. I’ve been pragmatic this entire time, about not getting it all at once, but I’ve had enough of the GOP leadership. We had the freaking plan! CCB! Boehner telegraphed from Day 1 that we needed a backup.

    What kind of negotiating is that? How f’n stupid can you be!? Boehner should be tossed into the streets by house conservatives NOW!

  15. 15
    LC Jackboot IC/A growls and barks:

    Deej-

    in exchange for closing some loopholes in the tax code and applying that money towards the debt.

    That is in fact where we stand our ground. You seem to forget that the overwhelming victory we had in November was all about taxes and the Tea Party platform. The House republican freshmen are only holding their ground because that is WHAT THEY WERE ELECTED ON. To sit here 9 months later and say well….we gotta compromise on taxes would be an insult to the folks that voted them in. November was all about EXACTLY this shit, get sent to D.C. with specific instructions from the electorate, then turn around and bend over for the other side. They aren’t going to move because the people they represent TOLD THEM TO !!! To do anything else would be a dereliction of their duty. Period. Fuck this compromise bullshit, it got us in this mess, why the ever-loving hell would we not put an end to it now? The time is ripe and the stakes are a bit higher than most people think.

  16. 16
    LC Gladiator growls and barks:

    DJ is not only a TRAITOR but a JACKASs

    http://hotair.com/archives/2011/07/27/wsj-tea-party-hobbits-need-to-go-back-to-middle-earth-or-something/

    Quoting from the original WSJ OP-ED:

    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 entitlements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor.”

  17. 17
    LC Gladiator growls and barks:

    DJ PLEASE LEAVE MY COUNTRY AND GO SOME WHERE YOU ARE WELCOME

  18. 18
    LC Gunsniper growls and barks:

    The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.

    Senator Barack Hussein Obama – 2006

    :em07:

  19. 19
    Darth Venomous growls and barks:

    He swore an oath to follow and protect the Constitution, and Section 4 of the Fourteenth Amendment says that we are required to pay our debts.

    You are a liar.

    This is what Section 4 of the Fourteenth Amendment to the United States Constitution says:

    4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

    Nothing in this paragraph says a damned thing about the United States being forced to pay its debts. What it does say is that the validity of said debts, authorized by law, shall not be questioned. And no one is questioning the validity of the debt, just the ability to pay it or the authority to borrow more.

    And this is not even a case of not knowing what the amendment says. You know damned well what it says, yet you deliberately misrepresented it here.

    You are a liar.

    If you don’t see that then you live in a bubble or you just aren’t paying attention outside of your tiny sphere of influence.

    Or else all this bullshit from your keyboard is just that – bullshit.

    Given that you’ve just been exposed as a lying little liberal hippie fuck, this seems more likely. I note, for the record, that you didn’t back up any of your BS with, y’know, links.

    But that’s expected from a lying little libtard, isn’t it?

  20. 20
    Darth Venomous growls and barks:

    Based on what, your interpretation — your opinion? Using that logic would make you a “liar” simply because your interpretation doesn’t match mine.

    Don’t even try, fuckhead. There is no amount of spin, no amount of parsing, nothing your degrees in psych, IT, or your legal buddies can come up with that’ll get you out of this one. You have lied through your teeth, plain & simple.

    I am going on the opinion of actual legal scholars, not some arm-chair commenter on a blog.

    Then both you and your so-called “legal scholars” have your heads up your asses. I wouldn’t give two flying fucks at rolling doughnuts for the law degree of any so-called “legal scholars” who held an “opinion” so full of shit.

    You could go with your set of legal analysts also, who might have different opinions or interpretations. I won’t call you a liar.

    That’s because I’m going with what the Constitution actually says – which is more than what I can say for either you or your so-called “legal scholars”.

    The funny thing about law — there is usually more than one valid argument that ends up being true, and often times they are diametrically opposed to each other. It is why we have a high court that has to vote on a legal decision in order for it to become “settled” law.

    Funny thing about Article IV of the Fourteenth Amendment – it says what it says in plain English, and a competently intelligent human being doesn’t need anyone to “settle” it. And only a damned fool would try to read something that’s clearly not there into something so plainly spelled out.

    I said that If I were Obama, I would go ahead and use Section 4 of the 14th Amendment to raise the debt ceiling, and let the Court decide if there is a problem with it. I am guessing that the Court won’t take the matter up.

    Funny thing about thatneither will Bambi.

    Q I wouldn’t ask because I think I know your answer, but the fact that the House Democratic leaders have come out publicly urging the 14th Amendment option — can you speak —

    MR. CARNEY: I heard that. Our position hasn’t changed. There are no off-ramps. There’s no way around this. There’s no escape. And having an esoteric constitutional argument won’t resolve the fact that our borrowing authority is due to expire on August 2nd. And Congress has the legal authority — and only Congress has the legal authority to extend that borrowing authority. That’s our position. The President stood here and told you. We consulted to see what this was about, but it is not an option.

    Here is what Reagan said about Congress (in this case Democrats) playing hostage taker with the debt ceiling:

    Reagan didn’t outspend all his predecessors combined.

    Give it up. You’ve already lost this one.

  21. 21
    LC Jackboot IC/A growls and barks:

    Thanks Boss- I go away for awhile, searching for DJ’s alternate universe with the New and Improved Imperial Star Drive™ then come back and see you’ve nailed him again. Sheesh that biz about the polls not being with us, has to be something from Stuart Smalley’s lil’ mind.

    Yes indeed, the loony left is STILL calling 11/10 an aberration, and a teeny-tiny victory for the conservative cause. Wowzer, liberals never let a good fantasy (and crisis) go to waste, no?

    They want shared sacrifice,

    Now what would that be to the black-holes of gubmint handouts? I suppose like giving up 10 channels in their cable packages, eh? Those cocksuckers couldn’t be bothered to give a lousy $1 to pay for a minuscule fraction of what they essentially steal from their neighbors.

  22. 22
    Darth Venomous growls and barks:

    Because YOU are such an expert.

    I can read English.

    Which, again, is more than I can say for you.

    Again, YES. And again, the Democrats HAVE put forth budgets. They can’t get them to the floor to vote on. Do try to keep up.

    Prove it.

    They had a filibuster-proof majority in the Senate for the first half of Bambi’s term. They had an overwhelming majority in the House for that length of time, as well.

    In fact, Paul Ryan has put the lie to this claim of yours, too – and I’m willing to guess he’s a liiiiiiittle bit closer to the situation than you are.

    But Ryan said that Democrats “haven’t even proposed or passed a budget for 753 days.” He added that while he’s willing to negotiate on his plan, he’s not going to talk about alternatives with people who don’t offer concrete solutions and only want to score political points.

    You need to quit while you’re behind, Deej. In fact, you probably oughta keep that promise of yours to be scarce for a while – you’re not even sounding that coherent anymore.

  23. 23
    lc purple raider growls and barks:

    You really need to pay more attention to the real news and not the commentary news. Obama has submitted a budget each year for the past three years. Congress has been unable to pass one up because they are roadblocked by filibusters and legislation holds. By LAW, the president is required to submit a proposed budget and he does.

    But Ryan said that Democrats “haven’t even proposed or passed a budget for 753 days.” He added that while he’s willing to negotiate on his plan, he’s not going to talk about alternatives with people who don’t offer concrete solutions and only want to score political points.

    I happen to agree with Ryan. Obama was too busy trying to pass a bill, National Death Care, that no one knew what was in it, until they passed it.

    Obama was too busy bailing out GM & Chrysler, giving them to the unions, and screwing the bondholders in the process.

    Obama was too busy taking vacations and playing golf.

    They want shared sacrifice.

    Does this mean that EVERYONE has to pay now, or is it the usual class-envy marxist bullshit you propose?

  24. 24
    LC Gunsniper growls and barks:

    You don’t want to accept sources that are “mainstream” because they state actual facts that you don’t want to hear.

    :em05: X 20

  25. 25
    LC LOBO growls and barks:

    White House Press Secretary Carney says more is known about President Obama’s debt plan than any other.

    “There is no plan that has been offered, certainly in the last several months, about which more detail is known …OK?” (Jay Carney, press briefing, 07/28/11)

    After bobbing-and-weaving for nine minutes, Carney finally says what everybody knows: The president won’t put his plan on paper because he doesn’t want it to become “politically charged” before a compromise can be reached. In other words, you’ve got to pass it to find out what’s in it. So POTUS doesn’t have a plan, as such. The Republicans, for their part, have several. But the president’s senior advisers are recommending that he veto the latest.

    Link here. And here.

  26. 26
    LC Gladiator growls and barks:

    You need to quit while you’re behind, Deej. In fact, you probably oughta keep that promise of yours to be scarce for a while – you’re not even sounding that coherent anymore.

    PROMISES,PROMISES…………. DJ CANT EVEN KEEP HIS WORD………….. SICK BASTARD

  27. 27
    lc purple raider growls and barks:

    the main stream media was actually talking about what was being discussed — and later what the final outcome was.

    That care was going up and costs were going down, but yet they were also talking about rationing care.

    You must have missed that little item on DU.

  28. 28
    Sir Fresh Sign growls and barks:

    Does he (junior) scream and coo when he takes it in the rear? Hmmm?

  29. 29
    readerjp growls and barks:

    Is the President in Recovery?
    By Victor Davis Hanson

    In his first three budgets, Obama borrowed nearly $5 trillion. Currently, the government is borrowing about 45 percent of everything that it spends. Obama’s projected 10-year plan would add nearly $10 trillion to existing U.S. debt. This spring he proposed the largest annual deficit in U.S. peacetime history, which is why his $3.7 trillion budget for 2012 was rejected in the Senate by a 97-0 vote.

    In other words, under Obama, the government during the last three years has borrowed on average about $4 billion each day.
    The administration certainly has added an additional 100,000 federal jobs and expanded food stamps to nearly 50 million recipients — and in the process enlarged the pool of potentially grateful constituents. This belief in the superior wisdom of the state explains why almost all the Cabinet secretaries in the Obama administration came out of state or federal government, not from private enterprise.

    Massive deficits not only empower more federal hiring and entitlements, but at some point lead to higher taxes

    So opposition to the president’s budget proposals amounts to more than just a know-nothing rant about no taxes, period. The unease reflects genuine puzzlement — and, yes, anger — over a president addicted to debt, who suddenly wants to preach to others about their responsibility to pay back what he once so zealously advocated that we should borrow.

    http://www.jewishworldreview.com/0711/hanson.php3

    So tell me DJ, how are the Republicans holding up his budget when the vote in the Senate (which is more than half Democratic) was almost unanimously against it?