Skip to comments.Allen West on Debt deal (Twitter)
Posted on 07/31/2011 7:38:56 PM PDT by Perdogg
"Before conservatives go criticising this agreement consider what would have happened if Pelosi, Reid and Obama were still in control."
This proposed deal is an acceptable “START”. Unless we win control of senate & WH, we can’t dictate the terms with just control of House. So I will work hard on 2012 elections helping Tea Party candidates.
Default is not an acceptable option either. So this was perhaps the best deal possible.
No, that's what Obama wanted. He didn't want a 2-tier arrangement.
However, this keeps the debate over spending going. And entitlements will be in the discussion now...Obama's worst nightmare. His support is imploding.
Unless we let them win they... uh, win.
A pretty stupid question. The way I would do it if I had control of the House is not cave in, and if the Senate and WH were interested, they could cave in to my demands. The other option would be default which is a good thing.
Seem WE is being attacked in very personal terms by the leadership of the Republican party.
Now you detail to me why I should trust them.
Says who? Default is a fantastic option. Only those who hold US T-bills and bonds are affected. The dollar goes down on a sell off but its true value depends on how much is printed. So it cannot go below its true value unless they keep printing more dollars which is what they have to do now to meet the spending expenses. Default is the BEST option for us.
Of the 242 Republican members of the House about 83 are Republican freshman and about a third of those (27 or so) identify with the Tea Party.
The career politicians (both sides of the aisle) who are "in control" are more interested in maintaining the status quo and keeping their positions and power. They are counting on the American people to once again forget about our grim reality by the next election. We never seem to disappoint. Most don't even realize that the "savings" they are talking about are merely reductions in the spending increases that are already in place. We are still slouching toward Greece.
But back to my original point, we don't control anything and you can't expect the "tea party freshman" to force anything. There are victories here for them. They greatly influenced the debate and we were heard. They were a giant pain in the ass for Boehner.
What we must do is stay engaged, find more candidates to oppose the status quo incumbents and increase our numbers. Once we've increased our numbers and taken both houses we need to force leadership changes. The Old Guard has got to go. Only then (and with a conservative President) will things begin to change.
That's my opinion.
Default was NEVER an option, repub4ever1. Just because you don't have enough money to pay for everything you want doesn't mean you can't or won't pay your mortgage. You still pay your debts, but you skip vacations and eating out.
The GOP lost this battle when its "leaders" fell into the Democrat trap by appearing desperate to avoid a "default." Once we've ceded the terms and the language, our doom is sealed...
Well there are two strategies the Republicans could follow.
1) They could play hardball, use their power to control the purse strings in the House, and rally the public now.
2) They could take a very weak deal now and plan on doing much more if they take control of the House, Senate and the Presidency in 2012.
The problem is that in order for strategy number 2 to work, Boehner and Republicans need to rally the Tea Party folks and they need to communicate the truth to the middle-of-the-road folks, so that the Republicans can do well in the next election cycle.
That's where I think Boehner isn't up to the task. He will anger the Tea Party folks and he will mislead the middle-of-the-road folks by not telling the truth about the deal.
The deal continues our countries march toward the cliff.
Default is not an acceptable option for retired folks like me who depend on making ends meet with help from stock mutual funds. A default will cause a significant decline in our financial resource.
The blame lies with the congress of past and present having spent the money. We as a nation can not go back on spending laws passed so far. What we need to do instead is help elect more fiscal conservatives to congress and take the WH. That will put the horse where it belongs, ahead of the cart.
That won’t work because then every TV network, every newspaper, every news magazine, every democrat, and all the RINO’s will yell from the rooftops how the “extreme” wing of the republican party is holding the country hostage.
It won’t be true of course, but it will sway the independent voters and we will lose 2012 elections. The only way to win this overspending battle is to put the horse before the cart. Which means we first win the senate and WH in 2012. The cart will follow.
Is this your savings or do you rely on the mutual funds constantly going up? If the former, it has nothing to do with mutual funds. You could simply move to gold and protect your savings.
Sorry, gold does not provide yearly dividends. Mutual funds geared towards dividend stocks do. Gold is a better investment vehicle for younger folks for very long term. Seniors can not depend on a volatile commodity such as gold to provide steady income.
Note that gold was at a high near $800 back in 1979. Inflation adjusted, it is below that number now.
The debt ceiling goes to Feb. if it’s $900 billion. That’s before most primaries. Any attempt to raise it again will come during the height of campaigns.
“Before conservatives go criticising this agreement consider what would have happened if Pelosi, Reid and Obama were still in control.”
Well, we have a new kid in town...it is called a bipartisan committee on debt reduction. I think we ought to take advantage of this committee and save a few bucks.
If we are going to allow a few Congressman make the difficult decisions for all the others...why do we need a full Congress. We can layoff both houses and just rule by committee. Essentially, the House and Senate have become obsolete in their attempts at covering their own butts.
Oh yeah, since they are dinosaurs and not needed in the new Amerika....we aren’t going to pay their pensions, healthcare and perks anymore. Think of it this way....you may destroy and steal Soc Security money....but, we will wipe your retirement accounts to zero.
Pelosi, Reid and Obama will come out of this smelling like roses and very much in control.
i agree with you!
...but, i also agree with West.
(i guess i’m just schizophrenic...)
its full of the most defeatest, negative, pessimistic thinking people around. Its very depressing.
how many millions of Americans have NO JOB?
or have families hurting because of food and gas prices?
YOU don’t understand, that a LOT of people, including some FReepers, aren’t going to make it until 2013!
massive cuts in TAXES, OR SPENDING, HELP the economy.
the GOP had a real chance to do more.
(in fact, doing NOTHING, would have cut spending drastically!)
YOU seem to think the economy getting worse, is a GOOD thing. it seems to make you HAPPY, because you think it will help us win in 2012:
“Frankly I also think that is in our favor because he will continue to screw up the economy so bad that unless we do something stupid we have an excellent chance to take both the senate and the white house and then we can really do some serious cutting.”
yes, winning all three in 2012, will be great. we’ll have a 17.5 trillion dollar debt, a crippled economy, double digit inflation and unemployment, and a downgraded AAA rating, which will increase the cost of our crushing debt even more.
Moodys: Neither debt plan protects the nations AAA rating
i’m glad you are so happy,
but even if we win the battle, the war is lost.
the war we sent people to congress in 2010 to HOLD THE LINE!
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