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The stalemate has led House Democrats to suggest that President Obama invoke the 14th amendment and lift the debt ceiling, without Congressional authorization. The President has said that is not a route he would like to take.

Of course he can't do that if the ammendment is read correctly.

But what does Obama care, he hasn't shown any respect for the Constitution yet.

1 posted on 07/27/2011 11:37:43 AM PDT by Syncro
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To: Syncro

It’s VERY clear!

If Boehner’s bill doesn’t pass, Harry’s will!

So, GET OFF OF JOHN’S BACK!


2 posted on 07/27/2011 11:39:56 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: Syncro

Impeach the corrupt, usurping bastard!


3 posted on 07/27/2011 11:40:08 AM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Syncro

Bonehead’s plan may survive, but I predict he won’t.
He put out a phantom plan that the CBO scored poorly.
He lied to the American public about his plan. He has lost a lot of trust. If Bonehead is going to put out a phantom plan, he should at least make sure his phantom plan numbers are accurate.


4 posted on 07/27/2011 11:42:56 AM PDT by tennmountainman
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To: Syncro

Nobody seems to correlate the rising debt ceiling with declining jobs.

The rising debt ceiling has two consequences....

more regulation ...

to occupy employees in expanding federal bureaucracies...which expand because “they have more money” and another layer of bureaucrats need their 20 year promotions... Each round of regulatory expansion is the effective equivalent of another targeted tax increase on the object of the regulation.

more taxes...

The rising debt ceiling has demands and expectations of creditors for new elements of “revenue raising” by the Feds...taxes or fees.

In this strangling environment job creation is simply NOT possible.

In fact the only logical conclusion..can be ..is that the Federal apparatus -initially an asset to the United States..by virtue of its abilities to raise an effective Navy in the late 1700’s, and early 1800’s to facilitate overseas trade on behalf of the States, has become nothing other than the States greatest liability at this point in time. In the absence of profound regulatory and taxation reform-which is not capable of coming from the same minds that created the problem..we may well be at the end of the line.


7 posted on 07/27/2011 11:47:46 AM PDT by mo
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To: Syncro

Don’t go around tonight,
Well, it’s bound to take your life,
There’s a bad moon on the rise.

Hope you got your things together.
Hope you are quite prepared to die.
Looks like we’re in for nasty weather.
One eye is taken for an eye.


9 posted on 07/27/2011 11:50:34 AM PDT by SUSSA
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To: Syncro

Nobody seems to correlate the rising debt ceiling with declining jobs.

The rising debt ceiling has two consequences....

more regulation ...

to occupy employees in expanding federal bureaucracies...which expand because “they have more money” and another layer of bureaucrats need their 20 year promotions... Each round of regulatory expansion is the effective equivalent of another targeted tax increase on the object of the regulation.

more taxes...

The rising debt ceiling has demands and expectations of creditors for new elements of “revenue raising” by the Feds...taxes or fees.

In this strangling environment job creation is simply NOT possible.

In fact the only logical conclusion..can be ..is that the Federal apparatus -initially an asset to the United States..by virtue of its abilities to raise an effective Navy in the late 1700’s, and early 1800’s to facilitate overseas trade on behalf of the States, has become nothing other than the States greatest liability at this point in time. In the absence of profound regulatory and taxation reform-which is not capable of coming from the same minds that created the problem..we may well be at the end of the line.


10 posted on 07/27/2011 11:51:22 AM PDT by mo
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To: Syncro

“When your enemy is making a mistake, do not stop him.” — Napoleon B.


12 posted on 07/27/2011 11:54:47 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: Syncro

Unless they are talking REFORM, throwing the illegals out, stopping the welfare to them, and cutting their own platinum health care plan and going on Medicare like the rest of us SERFS, limiting 0 vacation $$, make him buy his own clothing, after all he is a multi-millionaire, and we should not have to pick up the tab for the Mooches atrocious clothing and jewels, then they are not offering ‘fixes’ just platitudes, and more taxes and more debt.

Most First families who are given gifts like jewels donate them to St. Judes...but not the Mooch, she keeps the ones given her.


17 posted on 07/27/2011 12:00:37 PM PDT by GailA (REFORM IS THE WORD, NOT just piddly phony cuts, and more taxes!)
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To: Syncro
...a bipartisan committee to determine additional savings.

Hmmm. I wonder who would be on that "bipartisan" committee?


19 posted on 07/27/2011 12:08:21 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: Syncro

My “half empty glass” prediction:

—None of any of this is going to matter, because there will not be ANY bill passed, unless it’s to the political benefit to Obama and his democrats.

—Within a few days, our credit WILL be downgraded.

—Obama WILL make sure that our bills are not paid.

—After downgrade, we WILL go into default.

—Our retirement funds will be decimated.

—Interest rises will force many more of us to go bankrupt and lose our life’s treasures, homes..... and our jobs.

—After default, we WILL go into a complete Depression.

—Obama’s media will help him convince much of the public that all of this was the fault of the Republicans.

—Obama and his democrats will smile and say, “that is good”.

Would the last person to leave pre-Obama America. ........... please turn out the lights........

BTW... have you noticed that the Market is headed down, hard?


26 posted on 07/27/2011 12:46:07 PM PDT by Gator113 (Palin 2012, period.....)
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