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Reindog
Posted on Thursday, July 14, 2011 - 10:43 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

What a grand and glorious leader we have with Obama. What kind of leader or CEO would storm out of a meeting with a looming deadline? What kind of leader publicly shuts the door to ideas during negotiations? President Cry Baby storms out and whines that he is going to the American People. What kind of leader is this? President Cry Baby just doesn't have the grit. President Cry Baby and Harry Reid are making this personal which just about assures that no deal, at least no meaningful deal, will be reached. The Spinners have crawled out of the woodwork today to blame McConnell and Reagan. President Cry Baby is the least qualified President in my lifetime by a great margin, possibly in the history of the United States. He is clearly unqualified for the job and only knows how to blame others.

Congress has had 805 days to make a budget but the Detractonators are philosophically incapable of saving this country. The time might be perilously close to sell everything. Moodys has sent the signal that they will no longer put up with this nonsense. The economy crashes now or it crashes later if we don't reign in spending.

What will it take before those of you who voted for President Obama wake up and realize that he is destroying our country? What will it take?
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Cityxslicker
Posted on Thursday, July 14, 2011 - 10:53 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

change is either positive or negative; everyone assumed that the hope thing infront of it meant an improvement..... bad move.
You cant bank on hope, or pay your bills with it. Hell I place more merit on the weather service getting the local forecast right than I do on Washington nailing down the economic forecast well. (from EITHER party - idiot academics that havent run a business, made a balance sheet work, have had to make the hard hire/fire/outsource/downsize/chapter 11,13 decisions)
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Sifo
Posted on Thursday, July 14, 2011 - 11:11 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Keep in mind that the Democrats, holding the Presidency, the Senate, and the House failed to pass a budget. No budget and now we are running out of cash. They actually have the gall to try to blame the Republicans for this crisis! They are not only crybabies - they are crybabies that have gotten it their way.






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Honolulu_blue_esq
Posted on Thursday, July 14, 2011 - 11:32 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I guess folks see in things what they want to see. You think the Moodys move was an indication of shortfalls caused by the Democrats where I (and every economist I've heard discuss the issue) think it was a message to Republicans cross the line and get a deal done.

Maybe you are correct, or maybe I am. Either way, I wonder how you think your venting post above will accomplish anything other than create further divide.
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Drkside79
Posted on Thursday, July 14, 2011 - 11:33 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

+1 to Honolulu
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Sifo
Posted on Thursday, July 14, 2011 - 11:39 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

How is the current situation of overspending beyond our debt limit, without a budget to follow in any way shape or form the fault of the Republicans?
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Kilroy
Posted on Thursday, July 14, 2011 - 11:51 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Sifo don't waste your time. They have partaken of the kool-aid, and you cannot change their minds (all reason and facts aside). The "tax break for corporate jet owners" that our "leader" has been harping on for weeks, would save the gov't exactly 30 billion dollars over 10 YEARS. That is 7 1/2 DAYS of their deficit spending. Too small to even be considered a drop in the bucket. But to listen to our "leader", eliminating this perk of the ultra-rich would save our economy.

Play to the emotions of the thoughtless and get re-elected. Damn the future.

Kilroy
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Honolulu_blue_esq
Posted on Thursday, July 14, 2011 - 12:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Sifo: Please re-read my post and let me know where you see that I blamed anyone for anything. That is exactly the kind of nonsense that I believe is counterproductive to getting out of the mess we've all gotten ourselves in TOGETHER over the past twenty years of loose, globalization driven economic policy. It is false to blame it on one political party. Which was the point of my initial post. You and others like you (democrats included) aren't helping anyone get anywhere with your name calling.

Kilroy: Yeah. Of the two of our statements in this post, mine is clearly the one that indicates a propensity to base my positions on assumptions as opposed to logic and consideration.
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Drkside79
Posted on Thursday, July 14, 2011 - 12:19 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Once again +1 to Honolulu
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Kilroy
Posted on Thursday, July 14, 2011 - 12:20 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

H_B_E -

I would hardly think that that Moodys will see all things A OK if we just raise our credit limit by another 2,400,000,000,000.00 and not significantly address the inconceivable, unsustainable gov't expansion we are all currently being dragged along with. To frame it as a simple message to Republicans to do so seems a little short-sighted, no?

Kilroy
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Strokizator
Posted on Thursday, July 14, 2011 - 12:42 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The bank called me the other day. They expressed concern that I would be unable to make future payments on my credit card. Seems I’ve run it up to my $100,000 limit. I explained to them that if they would merely raise my limit to $110,000, I’d be able to make next month’s payment.

I then chastised them for accepting govt bail-outs, over-compensating executives and trying to balance their ledgers off the backs of regular folks like me. I explained I need the money to send grandma to bingo and the kids to summer soccer league. Any money they took from me would adversely affect children and the elderly. Instead of me sending them a $1500 check for next month’s interest payment, why didn’t they first cut some fat cat’s bonus by a similar amount?

Hmmm, maybe I should run for political office.
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Hootowl
Posted on Thursday, July 14, 2011 - 12:45 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

John gets it.

Why doesn't Congress?
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Reindog
Posted on Thursday, July 14, 2011 - 12:49 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Dude, we are already divided.

My posts are cause for people who voted for President Cry Baby to rethink their position as they have made a colossal mistake. A three year old has a thicker skin than President Cry Baby. The Leftists can't perpetually live in denial because the bill is coming due, my friend, and you can't see the obvious. We change now while we still have some say in the matter or we change when our new masters force it on us. Your choice, my friend.

I am not happy with the Republicans either. There are way too many RINOs and not enough Conservatives. The demos have way too many proto-weiners and neo-weiners. Conservatism and a return to American values is the only path to restoring this country. Unleash the private sector and PARE down the public sector to Constitutionally mandated limits. Any other path leads to despotism.

This is really easy, my friend. Are you my friend?

-Reindong. July 14, 2008.

(Message edited by reindog on July 14, 2011)
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Honolulu_blue_esq
Posted on Thursday, July 14, 2011 - 12:51 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Kilroy,

I haven't heard anyone say that Moodys will back off of its review if all we do is raise the debt ceiling without addressing spending.

To the contrary, the message has been interpreted as saying we need to get past the debt debate so that we can focus on spending. The economists I've read on the issue are of the opinion that if we don't raise the debt ceiling soon, we face some serious short term consequences. If we don't take a hard luck at spending, we face some serious long term consequences.

In otherwords, the message is that Republicans need to cross the line and reach an agreement on the debt issue (the short term threat) so that we can focus on the spending problem (the long term threat).

And before you say it, allow me. When (not if, because it will happen) the Republicans stop the puffery on the debt ceiling and a deal gets, the Democrats better damn well step up and start making concessions on spending cuts.
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Honolulu_blue_esq
Posted on Thursday, July 14, 2011 - 12:54 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Reindog: "Dude, we are already divided."

Well, then I guess there is no hope. We may as well continue driving wedges between us with single-sided idealism like yours. Carry on.
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Reindog
Posted on Thursday, July 14, 2011 - 12:58 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

There is plenty of hope as soon as you educate yourself and see the undisputed truth that we have been fiscally reckless. We are acting like the Roman Empire. The Constitution tells us what to do. Read it, believe it, and follow it.

-Reindong. Bastille Day, 2008.
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Reindog
Posted on Thursday, July 14, 2011 - 01:03 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)


quote:

the Democrats better damn well step up and start making concessions on spending cuts.






As Wayne said, "And monkeys might fly out of my butt."
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Drkside79
Posted on Thursday, July 14, 2011 - 01:03 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

>>>>>>undisputed truth that we have been fiscally reckless

Agreed 100% Agreed

However to blame this all on Obama is BS as well. He hasn't helped but this all started long before. This started with the trickle down BS from the eighties and has gotten worse every year since.
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Kilroy
Posted on Thursday, July 14, 2011 - 01:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I'm not making excuses for the Republicans - they are implicit in this to some degree also. But, we all know, without this debt ceiling crisis as a bargaining chip, there is nothing that will ever force the dems into ANY meaningful spending reductions, ever. If it don't happen now, it ain't going to happen in the future. I'm sure you would agree with that (if not just look at past history). The fact is, that the dems are just going along with "business as usual", scare tactics to get votes, etc., while the reps are at least acting like they need to get this under control. Then when our leader makes such assinine statements that he "doesn't know whether social security checks will go out on August 3" if the debt limit is not raised, as nothing more than an action to get old people scared and continuing to vote for dems, those with common sense can see what is really happening. Sorry if that was rambling and made no sense but I am trying to do 5 things at once.

Kilroy
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Reindog
Posted on Thursday, July 14, 2011 - 01:07 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"The Declaration of Independence" and "The Constitution" are not single-sided idealism and form my world view. Without them, we are dust. Sorry, I am not into "Das Kapital" nor "Rules for Radicals" like President Cry Baby.
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Mtjm2
Posted on Thursday, July 14, 2011 - 01:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Why is it that the Republicans always need to cave in ? Reagan did it in 82 , and the Dems never cut the spending as promised.

30 years later they still dont want to cut spending .
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Pwnzor
Posted on Thursday, July 14, 2011 - 01:12 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Reiner / Lighton 2012

Where do I send my campaign contributions?
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Reindog
Posted on Thursday, July 14, 2011 - 01:14 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Drkside,

This mess has ACCELERATED since the Democratic Left (Reid and Pelosi) took over Congress in 2006 and President Cry Baby soiled the White House in 2009. I am not too happy with Bush the W either as he was a spend crazy Liberal.

You say you disagree with trickle-down wealth. Fair enough. I disagree with trickle-up poverty.

-Reindong. StormTheBastilleDay, 2008.
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Reindog
Posted on Thursday, July 14, 2011 - 01:17 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Matt,

The views expressed herein are solely made by Reindong. A good businessman is a friend to ALL as long as they have the green. I am a friend to all as long as they have beer.
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Pwnzor
Posted on Thursday, July 14, 2011 - 01:33 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Say what you like, I think a right-minded individual such as yourself with a right hand man like Al would be a very well balanced ticket.

An enormous Buell banner across the White House dome would be pretty sharp too.
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Reindog
Posted on Thursday, July 14, 2011 - 01:51 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Now you're talking!

A dirtbike track carved into the WH lawn!
Kegger in the West Wing!
Erik's birthday a national holiday!
1190-ONE!!
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Xbniner
Posted on Thursday, July 14, 2011 - 01:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Just to throw a little reality in here, the debt ceiling is the least of our problems right now. Reagan tripled our debt ceiling and republicans under Bush voted to raised the debt ceiling seven times.

This just proves who the enemy is. It's not the democrats or the republicans, it's the career politicians. Our founders never meant for the leaders of this country to make a career out of it. All politicians spend money faster than we bring it in. We need to address our spending first and foremost.

P.S. I'd like to see that Buell banner on the white house, D.C. could use some "mass centralization."
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Sifo
Posted on Thursday, July 14, 2011 - 01:54 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Sifo: Please re-read my post and let me know where you see that I blamed anyone for anything.

OK...

where I (and every economist I've heard discuss the issue) think it was a message to Republicans cross the line and get a deal done.

Sure seems to me that you (and every economist you've heard on the issue) are putting it on the Republicans. I can name some economists that you AREN'T listening to.

I haven't heard anyone say that Moodys will back off of its review if all we do is raise the debt ceiling without addressing spending.

To the contrary, the message has been interpreted as saying we need to get past the debt debate so that we can focus on spending. The economists I've read on the issue are of the opinion that if we don't raise the debt ceiling soon, we face some serious short term consequences. If we don't take a hard luck at spending, we face some serious long term consequences.

In otherwords, the message is that Republicans need to cross the line and reach an agreement on the debt issue (the short term threat) so that we can focus on the spending problem (the long term threat).


Put than truth together with this truth...

Why is it that the Republicans always need to cave in ? Reagan did it in 82 , and the Dems never cut the spending as promised.

30 years later they still dont want to cut spending .


and you will begin to see the problem. We have been doing the short term end of it for decades (raising the debt ceiling) and NEVER addressing the long term end of it (controlling spending). It's anything but a new problem, but it's now become a crisis. In the private sector people go to jail for this behavior. It's called a ponzi scheme.

It's time to hold their feet to the fire on spending. I don't care who they are.
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Xbniner
Posted on Thursday, July 14, 2011 - 02:03 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

We have been doing the short term end of it for decades (raising the debt ceiling) and NEVER addressing the long term end of it (controlling spending). It's anything but a new problem, but it's now become a crisis. In the private sector people go to jail for this behavior. It's called a ponzi scheme.

It's time to hold their feet to the fire on spending. I don't care who they are.


Well said Sifo.
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Sifo
Posted on Thursday, July 14, 2011 - 02:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Just to throw a little reality in here, the debt ceiling is the least of our problems right now. Reagan tripled our debt ceiling and republicans under Bush voted to raised the debt ceiling seven times.

This just proves who the enemy is. It's not the democrats or the republicans, it's the career politicians. Our founders never meant for the leaders of this country to make a career out of it. All politicians spend money faster than we bring it in. We need to address our spending first and foremost.


Just for a little more reality, the republicans weren't in control for all 7 increases. And Bush was anything but economically conservative. Reagan tripling the debt? You might be about right...

Compared to what's going on now that seems absolutely miserly. Can anyone spot the years of insanity?

BTW, I can only spot 4 debt increases during the Bush years. I really don't know who voted for them. I do know that in my lifetime the Republicans have never had the solid control that the Democrats have had in recent years. They have been able to ignore any input from the opposition at will. Take a look at the reality of the above chart and see the result.

I've said it before and I'll say it again. One part is trying to make us go broke on Tuesday, and one party is trying to make us go broke on Thursday. Somehow many seem to feel that compromising on going broke Wednesday is a good thing. I DON'T!
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