Posted on 07/30/2011 7:35:44 PM PDT by MinorityRepublican
After rejecting a GOP bill passed by the House, Senate Democrats pursue their own plan to avert a government default in a messy legislative showdown.
Senate Majority Leader Harry M. Reid announced late Saturday that negotiations with Minroity Leader Mitch McConnell and the White House had made enough progress that he would delay consideration of his own legislation to avert the debt crisis.
Rather than a 1 a.m. Sunday vote, Reid said he would give the negotiators room to maneuver and set a 1 p.m. Sunday vote on his bill -- which McConnell has already assured would be defeated.
A sense of desperation had settled over the Capitol on Saturday, with the prospect of a government default and rank-and-file lawmakers pleading with their leaders to set politics aside and strike a bipartisan deal to raise the federal debt limit.
After months of negotiation and weeks of debate, every black-and-white plan for cutting government spending and raising the $14.3 trillion debt ceiling seemed either doomed or had already been shot down.
As the battle entered its final tense hours, the nation’s leaders were left bickering among themselves, unable to agree on even a modest version of the plan they said they were on the verge of sealing barely one week ago. The remaining differences between them were not especially large. Still, a resolution appeared elusive.
“It really shouldn’t be this difficult,” Sen. John F. Kerry (D-Mass.) said in speech Saturday evening on the Senate floor. “I believe there’s a bipartisan consensus here in the Senate waiting to lift our country and our future if we stop talking past each other.”
(Excerpt) Read more at washingtonpost.com ...
As a fellow Illinois resident, I have to add "Don't forget Comrade Quinn."
Harry already has his Dem Senators from Maine and Mass. Still not enough. Any other Senator that has the balls to vote themselves over Country will not be in good shape at all.
It was kinda fun today to watch Mitch throw Reids words right back at him. Of course calling chuck u schumer “president” was quite a bitch.
I reckon you’re right - we’ve got a lot to feel bad about, it’s just a shame...
Dude, they want this to pass through the 2012 elections. That is all it is.
You're no better than Dingy Hairy, you sit there
and spout words expecting everyone else
to decifer WTF you just said.
Big/S
Gentlemen:
By an anonymous summons, an attempt has been made to convene you together; how inconsistent with the rules of propriety, how unmilitary, and how subversive of all order and discipline, let the good sense of the army decide...
Thus much, gentlemen, I have thought it incumbent on me to observe to you, to show upon what principles I opposed the irregular and hasty meeting which was proposed to have been held on Tuesday last - and not because I wanted a disposition to give you every opportunity consistent with your own honor, and the dignity of the army, to make known your grievances. If my conduct heretofore has not evinced to you that I have been a faithful friend to the army, my declaration of it at this time would be equally unavailing and improper. But as I was among the first who embarked in the cause of our common country. As I have never left your side one moment, but when called from you on public duty. As I have been the constant companion and witness of your distresses, and not among the last to feel and acknowledge your merits. As I have ever considered my own military reputation as inseparably connected with that of the army. As my heart has ever expanded with joy, when I have heard its praises, and my indignation has arisen, when the mouth of detraction has been opened against it, it can scarcely be supposed, at this late stage of the war, that I am indifferent to its interests.
But how are they to be promoted? The way is plain, says the anonymous addresser. If war continues, remove into the unsettled country, there establish yourselves, and leave an ungrateful country to defend itself. But who are they to defend? Our wives, our children, our farms, and other property which we leave behind us. Or, in this state of hostile separation, are we to take the two first (the latter cannot be removed) to perish in a wilderness, with hunger, cold, and nakedness? If peace takes place, never sheathe your swords, says he, until you have obtained full and ample justice; this dreadful alternative, of either deserting our country in the extremest hour of her distress or turning our arms against it (which is the apparent object, unless Congress can be compelled into instant compliance), has something so shocking in it that humanity revolts at the idea. My God! What can this writer have in view, by recommending such measures? Can he be a friend to the army? Can he be a friend to this country? Rather, is he not an insidious foe? Some emissary, perhaps, from New York, plotting the ruin of both, by sowing the seeds of discord and separation between the civil and military powers of the continent? And what a compliment does he pay to our understandings when he recommends measures in either alternative, impracticable in their nature?
I cannot, in justice to my own belief, and what I have great reason to conceive is the intention of Congress, conclude this address, without giving it as my decided opinion, that that honorable body entertain exalted sentiments of the services of the army; and, from a full conviction of its merits and sufferings, will do it complete justice. That their endeavors to discover and establish funds for this purpose have been unwearied, and will not cease till they have succeeded, I have not a doubt. But, like all other large bodies, where there is a variety of different interests to reconcile, their deliberations are slow. Why, then, should we distrust them? And, in consequence of that distrust, adopt measures which may cast a shade over that glory which has been so justly acquired; and tarnish the reputation of an army which is celebrated through all Europe, for its fortitude and patriotism? And for what is this done? To bring the object we seek nearer? No! most certainly, in my opinion, it will cast it at a greater distance.
For myself (and I take no merit in giving the assurance, being induced to it from principles of gratitude, veracity, and justice), a grateful sense of the confidence you have ever placed in me, a recollection of the cheerful assistance and prompt obedience I have experienced from you, under every vicissitude of fortune, and the sincere affection I feel for an army I have so long had the honor to command will oblige me to declare, in this public and solemn manner, that, in the attainment of complete justice for all your toils and dangers, and in the gratification of every wish, so far as may be done consistently with the great duty I owe my country and those powers we are bound to respect, you may freely command my services to the utmost of my abilities.
While I give you these assurances, and pledge myself in the most unequivocal manner to exert whatever ability I am possessed of in your favor, let me entreat you, gentlemen, on your part, not to take any measures which, viewed in the calm light of reason, will lessen the dignity and sully the glory you have hitherto maintained; let me request you to rely on the plighted faith of your country, and place a full confidence in the purity of the intentions of Congress; that, previous to your dissolution as an army, they will cause all your accounts to be fairly liquidated, as directed in their resolutions, which were published to you two days ago, and that they will adopt the most effectual measures in their power to render ample justice to you, for your faithful and meritorious services. And let me conjure you, in the name of our common country, as you value your own sacred honor, as you respect the rights of humanity, and as you regard the military and national character of America, to express your utmost horror and detestation of the man who wishes, under any specious pretenses, to overturn the liberties of our country, and who wickedly attempts to open the floodgates of civil discord and deluge our rising empire in blood.
By thus determining and thus acting, you will pursue the plain and direct road to the attainment of your wishes. You will defeat the insidious designs of our enemies, who are compelled to resort from open force to secret artifice. You will give one more distinguished proof of unexampled patriotism and patient virtue, rising superior to the pressure of the most complicated sufferings. And you will, by the dignity of your conduct, afford occasion for posterity to say, when speaking of the glorious example you have exhibited to mankind, “Had this day been wanting, the world had never seen the last stage of perfection to which human nature is capable of attaining.”
General George Washington - March 15, 1783
http://www.freerepublic.com/focus/news/2756256/posts?page=196
10:42pm | The possible deal?
ABC News’ Jon Karl reports that the deal being considered in the White House is as follows:
Debt ceiling increase of up to $2.8 trillion [Enough to last through the beginning of 2013]
[Immediate] Spending cuts of roughly $1 trillion
Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
Committee must make recommendations before Thanksgiving recess
If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare
This represents a compromise between the Boehner and Reid plans — with a single debt limit increase through, but “triggers” to incentivize a debt deal.
This is by no means finalized, and Senators will meet with the White House tonight to iron out a deal.
The Senate would then take it up, before bringing it to the House, where Democrats and Republicans would be required to join together in a bipartisan vote to raise the debt limit — likely with just hours left until the deadline.
WAIT a minute, Dingy Harry. You were lecturing the GOP, House and all the world that you could not wait and the economy, world, universe was in peril and a vote would happen this evening. NOW, you want to wait over 12 hours to vote.
Pretty important huh?? Running out of time huh??
Note to GOP in the House, take your time in voting this crap down. The world will not end on August 2nd.....or 20th for that matter.
Sad but all to true.
Most of us have been saying this for days. It just is typical of this group of idiots in charge of the nation. I thought 2008 was drama.
I am sure we have an extremely difficult few decades ahead of us.
Scary
Large as “cuts” of $2.9 trillion might appear, in fact they’re minuscule compared to Washington’s embedded (“baseline”) plan to spend $45.8 trillion over the coming decade (2011-2021), as recently forecasted by the independent Congressional Budget Office (CBO). In the past decade (2001-2010) Washington spent $28.3 trillion, so “baseline” outlays in 2011-2012 would entail a decadal increase of 62%. That’s not the biggest spending boom in U.S. history, but neither would it be anything close to “austerity,” as many critics claim.
Even the most “radical” GOP plan, to “cut” $9 trillion, would boost federal outlays by 30% in the coming decade versus outlays in the past decade, while the most modest GOP plan, to cut a mere $2 trillion, would boost outlays by 55%. Yet Democrats lambaste GOP plans as “Draconian,” prone to trigger a “depression.”
http://blogs.forbes.com/richardsalsman/2011/07/29/washingtons-budget-cuts-would-boost-spending-50/
Speaking of the world stage, the Tainwanese animators are at it again. Their take on the tea party:
http://www.youtube.com/watch?v=qt6DYr79zSg
Just imagine that all of the numbers being thrown around are assuming we see some economic growth of the coming years. They are assuming we end the wars. They are assuming there won’t be additional major wars in the Middle East (or elsewhere). They are assuming that Europe won’t fall apart (which appears possible if not likely). They are assuming that IRAN won’t LAUNCH a war - a major war.
They are assuming no huge disasters. No major terrorist attacks on our soil.
Think about the last 5-10 years.
How do you think this is going to play out?
Tainwanese = Taiwanese
Godly men worship on Sunday to commemorate the resurrection of Christ, evil men call votes when they should be on there knees seeking wisdom and forgiveness.
One word:
“Asian Markets”.
Oh wait...
Will some genius, and there are many on here, explain to me how our credit could be so good when we go up to the last minute to solve this “crisis”. It would seem people loaning us money would know that this can happen again if we keep spending.
Whoops
Asian Markets
Fool me once! Twice! Three times!
Fools we are
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