LOGO
Reply to Thread New Thread
Old 01-06-2011, 09:02 AM   #1
18holesin

Join Date
Nov 2005
Posts
580
Senior Member
Default raising the deficit ceiling
I heard on talk radio last night that they were voting and thus far, it is a no-go.
Rumor has it that the democratic party was split down the middle, half voted "NO".
I can't wait for the official release but it sounds like some Dems in the office do have a brain.
18holesin is offline


Old 01-06-2011, 09:48 AM   #2
compiit

Join Date
Oct 2005
Posts
513
Senior Member
Default
Bush`s first Treasury Secretary Paul O`neil said that cutting taxes would lead to trouble down the road. He was canned for speaking the truth.
compiit is offline


Old 01-06-2011, 10:15 AM   #3
MasdMnPa

Join Date
Oct 2005
Posts
425
Senior Member
Default
The vote was a stunt pulled by Republicans in an attempt to get Democrats on the record as being for raising the debt ceiling without any cuts to offset it, despite the fact that House Speaker Boehner has already said that the House must vote to raise the debt ceiling or else the country would face a devastating effect that would ripple around the world should the US tell the world that it will default on it's loans.

Republicans wish to use this vote as a bargaining chip in the effort to get Democrats to help them erase their shame, which was the vote to abolish Medicare as we know it. Since that vote, Republicans have been found out and their constituents are angry, and so the only way to get this issue to go away is to try to force the Democrats to also vote to cut Medicare so that the issue can't be used by Democrats in next year's election.

The debt ceiling will be raised and Boehner and company will vote in favor of doing it on it's own. They don't have any bargaining chips here, and risk facing the wrath of everyone should they decide to let the country default on it's obligations.

All that Democrats need to do is stand up for Medicare and seniors, and that's not hard for them to do, since 80% of the public does not want Medicare to be cut at all.

Republicans know the shit's going to hit the fan with the teabaggers when they have to take the vote for it, so they're doing their best to weasel out of taking responsibility by trying to get the Democrats to give them cover for the most boneheaded vote they've taken in a long time. If we can get the Dems to vote on cutting Medicare too, they can't use it against us next year is their thinking. Pretty simple.

Republicans are fucked on this one, because their constituents are already mad at them for the Ryan vote, and now the teabagger base of crazies who've taken over the party will go crazy on their own once the debt ceiling is raised by Boehner. And it will be raised even if Boehner has to go out there and cry to get it done, just the way he did on his plea for the TARP vote.

Democrats just have to sit back and watch things unfold. Some of them will vote for it, some against, but in the end, Republicans must vote to do it, and that's just the way it is, and Democrats don't have to give on anything because in the end, the responsibility falls on John Boehner and the Republicans who control the House to either raise the debt limit or send the country into default. Democrats know how to claim defeat out of the jaws of victory, but this one is a great big gimme, and there is no pressure on them to give in on the Republican Mediscare scam.
MasdMnPa is offline


Old 01-06-2011, 10:42 AM   #4
WFSdZuP3

Join Date
Oct 2005
Posts
428
Senior Member
Default
If the Baggies can pull off their dream of freezing the debt ceiling, Marxist revolutionaries ought to raise a monument to them on the Capitol Mall. A Treasury default, along with the closing of federal facilites and no paychecks for Social Security or the U.S. military will bring about American Revolution 2.0.

Although right wing loons think such a cataclyism will cause us all to start wearing three-cornered hats with tea bags on them and revert to a pre-Civil War government, it will, in fact, goose the country into a socialist reformation putting our people on a footing with folks in Canada, if not Denmark. Long live the Great Revolution of the Suburban Proletariat!
WFSdZuP3 is offline


Old 01-06-2011, 01:03 PM   #5
ORDERCHEAPVIAGRASOFTWARE

Join Date
Nov 2005
Posts
437
Senior Member
Default
If the Baggies can pull off their dream of freezing the debt ceiling, Marxist revolutionaries ought to raise a monument to them on the Capitol Mall. A Treasury default, along with the closing of federal facilites and no paychecks for Social Security or the U.S. military will bring about American Revolution 2.0.

Although right wing loons think such a cataclyism will cause us all to start wearing three-cornered hats with tea bags on them and revert to a pre-Civil War government, it will, in fact, goose the country into a socialist reformation putting our people on a footing with folks in Canada, if not Denmark. Long live the Great Revolution of the Suburban Proletariat!
No need for name calling.
ORDERCHEAPVIAGRASOFTWARE is offline


Old 01-06-2011, 01:05 PM   #6
ORDERCHEAPVIAGRASOFTWARE

Join Date
Nov 2005
Posts
437
Senior Member
Default
I heard on talk radio last night that they were voting and thus far, it is a no-go.
Rumor has it that the democratic party was split down the middle, half voted "NO".
I can't wait for the official release but it sounds like some Dems in the office do have a brain.
Yes, the effort to raise the DEBT ceiling failed with a bipartisan vote. It will get raised eventually, once some spending concessions are made. Democrats in the Senate have yet to pass any budget though.

The House overwhelmingly voted down an unconditional increase to the $14.3 trillion debt limit Tuesday, as the Republican majority delivered a symbolic rebuke to President Obama ahead of a meeting at the White House.

The vote was 318-97, with 82 Democrats joining every Republican in rejecting legislation that would have authorized $2.4 trillion in additional borrowing by the federal government. Seven Democrats voted present on the legislation. House torpedoes unconditional hike to $14.3 trillion debt ceiling - The Hill's Floor Action
ORDERCHEAPVIAGRASOFTWARE is offline


Old 01-06-2011, 01:16 PM   #7
Vemnagelignc

Join Date
Oct 2005
Posts
538
Senior Member
Default
Whats comical is the "progressives" only plan to pull entitlements back from the brink is to grow the economy, but then propose every anti- growth taxation, regulation, and spending policy under the sun.
Vemnagelignc is offline


Old 01-06-2011, 01:22 PM   #8
duminyricky

Join Date
Oct 2005
Posts
464
Senior Member
Default
Whats comical is the "progressives" only plan to pull entitlements back from the brink is to grow the economy, but then propose every anti- growth taxation, regulation, and spending policy under the sun.
That's not comical; it's pathetic.
duminyricky is offline


Old 01-06-2011, 02:05 PM   #9
Unlopssesuj

Join Date
Oct 2005
Posts
499
Senior Member
Default
Whats comical is the "progressives" only plan to pull entitlements back from the brink is to grow the economy, but then propose every anti- growth taxation, regulation, and spending policy under the sun.
Progressives don't really want to "grow" the economy they want to reshape it into the proper model where the cities blossom into a managed utopia where the 50% employed ride bikes to work and are happy to pay 50% or higher in overall taxation so government agencies can meet the daily needs of their fellow man, where all agree to the proper thoughts and the president shits vanilla ice-cream that smells of cinnamon.
Unlopssesuj is offline


Old 01-06-2011, 02:15 PM   #10
Vemnagelignc

Join Date
Oct 2005
Posts
538
Senior Member
Default
Progressives don't really want to "grow" the economy they want to reshape it into the proper model where the cities blossom into a managed utopia where the 50% employed ride bikes to work and are happy to pay 50% or higher in overall taxation so government agencies can meet the daily needs of their fellow man, where all agree to the proper thoughts and the president shits vanilla ice-cream that smells of cinnamon.
When have a command economy ever worked?
Vemnagelignc is offline


Old 01-06-2011, 02:19 PM   #11
KeestRast

Join Date
Oct 2005
Posts
455
Senior Member
Default
Progressives don't really want to "grow" the economy they want to reshape it into the proper model where the cities blossom into a managed utopia where the 50% employed ride bikes to work and are happy to pay 50% or higher in overall taxation so government agencies can meet the daily needs of their fellow man, where all agree to the proper thoughts and the president shits vanilla ice-cream that smells of cinnamon.
Wow! It's like you read my mind!
KeestRast is offline


Old 01-06-2011, 02:20 PM   #12
Zpxbawtz

Join Date
Nov 2005
Posts
660
Senior Member
Default
When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day.
Zpxbawtz is offline


Old 01-06-2011, 02:36 PM   #13
Vemnagelignc

Join Date
Oct 2005
Posts
538
Senior Member
Default
When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day.
You don't have to buy their stuff.
Vemnagelignc is offline


Old 01-06-2011, 03:08 PM   #14
ORDERCHEAPVIAGRASOFTWARE

Join Date
Nov 2005
Posts
437
Senior Member
Default
When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day.
What would you consider evidence of the capitalism "working?"
ORDERCHEAPVIAGRASOFTWARE is offline


Old 01-06-2011, 03:33 PM   #15
Zpxbawtz

Join Date
Nov 2005
Posts
660
Senior Member
Default
Simple, you don't allow the corporations to become so powerful they can do anything they want to and pretty much run the government.

You don't have to buy their stuff. Yes, you do. Simply for reasons that they are the most numerous and their stuff is everywhere.
Zpxbawtz is offline


Old 01-06-2011, 03:44 PM   #16
Vemnagelignc

Join Date
Oct 2005
Posts
538
Senior Member
Default
Yes, you do.
No, you don't.

Unless the government makes it illegal not to.
Vemnagelignc is offline


Old 01-06-2011, 04:55 PM   #17
Unlopssesuj

Join Date
Oct 2005
Posts
499
Senior Member
Default
When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day.
Capitalism hasn't failed.

How do people earn the funds to be taxed by government?
Through capitalism of course.

How is the Chinese economy growing?
Why through Capitalism of course.

So how has Capitalism failed?
Unlopssesuj is offline


Old 01-06-2011, 06:55 PM   #18
Zpxbawtz

Join Date
Nov 2005
Posts
660
Senior Member
Default
Quite simply it has. We need Socialism now more than ever. Socialism isn't about greed like capitalism is, and only through Socialism can humanity ever hope to benefit and improve themselves. If you allow rampant capitalism, you allow rampant fascism.

Because capitalism simply buys all the lawyers and all the politicians and all the little guys will simply be swallowed up by this big huge machine.

DOWN WITH CAPITALISM!

UP WITH SOCIALISM!
Zpxbawtz is offline


Old 01-06-2011, 07:09 PM   #19
ORDERCHEAPVIAGRASOFTWARE

Join Date
Nov 2005
Posts
437
Senior Member
Default
Quite simply it has. We need Socialism now more than ever. Socialism isn't about greed like capitalism is, and only through Socialism can humanity ever hope to benefit and improve themselves. If you allow rampant capitalism, you allow rampant fascism.

Because capitalism simply buys all the lawyers and all the politicians and all the little guys will simply be swallowed up by this big huge machine.

DOWN WITH CAPITALISM!

UP WITH SOCIALISM!
Well, you cant really argue with a socialist. No common foundation.
ORDERCHEAPVIAGRASOFTWARE is offline


Old 01-06-2011, 07:48 PM   #20
Cyncceply

Join Date
Oct 2005
Posts
495
Senior Member
Default
If the Baggies can pull off their dream of freezing the debt ceiling, Marxist revolutionaries ought to raise a monument to them on the Capitol Mall. A Treasury default, along with the closing of federal facilites and no paychecks for Social Security or the U.S. military will bring about American Revolution 2.0.

Although right wing loons think such a cataclyism will cause us all to start wearing three-cornered hats with tea bags on them and revert to a pre-Civil War government, it will, in fact, goose the country into a socialist reformation putting our people on a footing with folks in Canada, if not Denmark. Long live the Great Revolution of the Suburban Proletariat!
It won't bring out just Marxists. Other socialists of different tendencies will be out in force, as well.
Cyncceply is offline



Reply to Thread New Thread

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

All times are GMT +1. The time now is 09:44 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2
Design & Developed by Amodity.com
Copyright© Amodity