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A Tea Party Triumph (Wall Street Journal is correct)
Wall Street Journal ^ | July 31, 2011 | WSJ Editorials

Posted on 08/01/2011 7:12:48 AM PDT by Recovering_Democrat

...The big picture is that the deal is a victory for the cause of smaller government, arguably the biggest since welfare reform in 1996. Most bipartisan budget deals trade tax increases that are immediate for spending cuts that turn out to be fictional. This one includes no immediate tax increases, despite President Obama's demand as recently as last Monday. The immediate spending cuts are real, if smaller than we'd prefer, and the longer-term cuts could be real if Republicans hold Congress and continue to enforce the deal's spending caps.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events
KEYWORDS: 112th; 2012; debt; debtceiling; tea; teaparty; victory
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Good details in this. Hussein lost.
1 posted on 08/01/2011 7:12:52 AM PDT by Recovering_Democrat
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To: Recovering_Democrat

WSJ—Another Obama hand-maiden


2 posted on 08/01/2011 7:13:48 AM PDT by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: Arm_Bears

It is easy to sit at a computer and pronounce grand solutions, it is rather a different one to take those ideas and turn them into laws.

I suggest all the political geniuses on the Internet who think they have all the answers get off the bench and run for office.

Past time Internet Conservatives start matching their posting rhetoric to deeds


3 posted on 08/01/2011 7:15:27 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: Recovering_Democrat

Yes and no. There are no tax increases - until they get around to not extending the Bush-era tax cuts, which will amount to an unlegislated tax increase when they expire.

Then, you have the fact that much, perhaps all, of the “budget cuts” that we got were really just slowdowns in the growth of spending - i.e. not REAL cuts.

A partial conceptual victory has won - but it won’t be solid until we actually start seeing real cuts in “entitlements” and other useless spending.


4 posted on 08/01/2011 7:17:07 AM PDT by Titus Quinctius Cincinnatus ("Armed forces abroad are of little value unless there is prudent counsel at home." - Cicero)
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To: Recovering_Democrat

You have not sufficiently recovered from being a Democrat.

This is Tea Party loss.

Yes, others lost too. The Lefties will get their tax increases when the Bush tax cut extensions expire and they don’t really care if medicare doctors don’t get paid or not. They get to cripple our national security. They get to to tag the “winning” Tea Party with the coming credit rating downgrade and ensuing interest rate hike.


5 posted on 08/01/2011 7:19:30 AM PDT by S.O.L.
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To: Recovering_Democrat

Really?

We borrow .40 cents of every dollar government is spending, and they are going to increase the debt ceiling by Trillions more so Obama can get through the election without having ‘to go through this again’...
And the ‘Bush’ tax cuts will expire, which equals a tax increase.

Plus Obamacare rolls on, no attempt to stop it. More tax increases and less care.

Three wars and military cuts AGAIN.

I don’t see the win here.


6 posted on 08/01/2011 7:20:28 AM PDT by Freddd (NoPA ngineers.)
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To: MNJohnnie

Evidently, it’s also pretty easy to sit at a computer and snipe at FR donors without contributing a dime yourself.


7 posted on 08/01/2011 7:20:58 AM PDT by Arm_Bears (I'll have what the gentleman on the floor is drinking.)
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To: Recovering_Democrat

This is bunk. We are STILL adding trillions to the debt every year unabated. There is NO plan on how or when to END it, CAP it, STOP it, or BALANCE it. There were “promises” made — ask Reagan how those “promises” work out.

The only way you get a junkie off drugs if they won’t go to rehab (”Cut, Cap & Balance” would have been rehab) is to forced them off — Cold Turkey. That’s what will have to happen now. Or a complete collapse — which will happen if the Fed Gov’t keeps this up.

The Media, selling this as a “Tea Party” victory both hangs the problems and delays around the neck of the Tea Party AND places any future BLAME on them WHEN this crap does NOT work and the economy worsens. Bet on it.


8 posted on 08/01/2011 7:21:49 AM PDT by patriot preacher
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To: Recovering_Democrat

The deal cuts about 1.7% of the INCREASE in the debt between now and the end of Obama’s first term. That’s before the baseline budgeting is figured in. In other words, the cuts are virtually zero between now and January 2013.


9 posted on 08/01/2011 7:26:22 AM PDT by MulberryDraw ( Where's the democrat budget? What's the plan?)
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To: Arm_Bears

Yeah that would be too much work. Much easier to sit at your computer bitching about everything instead.


10 posted on 08/01/2011 7:26:44 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: S.O.L.

I agree .. obama lost, but so did everyone else.. how is 7 more trillion in debt (probably end up being 14, right?) better for the country?


11 posted on 08/01/2011 7:29:39 AM PDT by rokkitapps ( Hearings on healthcare waivers NOW! (If you agree make this your tagline))
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To: Recovering_Democrat

“The immediate spending cuts are real, if smaller than we’d prefer,...”

Duh...Sen. Corker (R-TN) told CNBC this morning that the spending cuts “would probably be about $40-50 BILLION,” far from the trillion dollars Boehner said it would be. The WSJ, handmaiden of Wall St. fat cats, promotes any deal that keeps its stock price up.


12 posted on 08/01/2011 7:29:47 AM PDT by kittymyrib
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To: Recovering_Democrat

A Tea Party Triumph... passing without any Tea Party votes!

Not only did we get almost half of what we went for against the Dems and RINOs- the other side has to get up the votes to pass it without us.


13 posted on 08/01/2011 7:30:05 AM PDT by mrsmith
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To: Recovering_Democrat

The Tea Party (America) LOST!

The establishment GOPDNC won! They keep spending! They keep taxing! Obama gets to keep blaming!

The only win in this “crisis” would be to let Aug 2 pass and force the govt. to cut 40% of spending immediately. Cuts would have been made and the American people would have seen with there own eyes that there would have been zero effect on their lives.

The only one on “our side” who comes out good in this is Bachmann. She opposed raising the ceiling from the beginning and has voted accordingly.

She can stand on that and run against BOTH Obama and the GOP in 2012, because she knows as I know, the economy will still be in the s&itter and our debt will still be out of control


14 posted on 08/01/2011 7:34:39 AM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
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To: Arm_Bears

Look, I dont like the deal, but its the best we can hope for so long as Typhoid Barry is potus.

If we reject this deal now and the market tanks, etc, then we get the blame. Right now Barry looks like dog meat in this and he will still get the blame on jobs, ue, etc.


15 posted on 08/01/2011 7:38:07 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: Freddd

Remember that the FICA rates also pop back up at the end of 2012 along with the ‘Bush tax cuts’ expiration. A major tax increase....just after the 2012 elections.


16 posted on 08/01/2011 7:42:00 AM PDT by yadent
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To: Freddd

The most accurate part of this article is the first sentence about nobody being happy in a compromise. We all like to win, not compromise. This is a 50/50 country. We will never all be happy. We have to learn how to make these things happen without tearing our own side apart.


17 posted on 08/01/2011 7:42:08 AM PDT by T.O.K.
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To: Recovering_Democrat
1) dims won because they attained 2.7 Trillion Dollars in new spending (borrowing from china and our own treasury) to carry them through the 2012 election and it keeps an abundant slush fund available to finance dim vote buying.

2) republican leaders won because they avoid having the msm crucify them and blame THEM for ALL of the socialist spending that is destroying our Republic.

3) Working Americans that pay taxes LOST here... there is no spin that can overcome the fact that it will be us... our children and our grandchildren that will have to payoff all of this marxist financial experimentation. AMERICA LOST... but what is most important is that BOTH parties won something. /s

LLS

18 posted on 08/01/2011 7:50:04 AM PDT by LibLieSlayer (juan mccain certified Al Palin Hobbit Terrorist)
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To: Recovering_Democrat

The Bush tax cuts expire at the end of 2012. Obama said he will veto any attempt to extend them. And Obamacare kicks in big time in 2014, which will increase taxes by another trillion.


19 posted on 08/01/2011 7:50:34 AM PDT by kabar
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To: MNJohnnie

Coming on here the past few days has been downright depressing. You wonder if people on here were asleep during their 3rd grade civics classes.

Our side controls one house of government. Their side has two. We can’t get away with whatever the hell we want right now. Our government doesn’t run that way. But, stating this simple fact gets you branded a RINO, traitor or surrender-monkey.


20 posted on 08/01/2011 7:51:21 AM PDT by Ace of Spades (Sed quis custodiet ipsos custodes?)
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To: Arm_Bears

Speaking of F.R. donors, am I the only one here who keeps getting a window opened to the “contribute to F.R. by secure server” page?

I am already a monthly donor.


21 posted on 08/01/2011 7:51:21 AM PDT by Graybeard58 (Simplistic answers to complex problems never work and are only proposed by simple people.)
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To: Recovering_Democrat

I’m so proud I’m going to walk to the poll in the opposite direction.


22 posted on 08/01/2011 7:52:21 AM PDT by Theophilus (Not merely prolife, but prolific)
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To: Arm_Bears

The editorial page of the WSJ is an Obama hand maiden?
What planet do you live on?


23 posted on 08/01/2011 7:54:47 AM PDT by Publius Valerius
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To: Recovering_Democrat

You guys are full of crap.

I am starting to wonder why I read you anymore.


24 posted on 08/01/2011 7:58:44 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Arm_Bears; MNJohnnie

+1


25 posted on 08/01/2011 8:00:28 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Arm_Bears

Let him be.

He’s argumentative.

I just zipped past his postings this morning and looks like he’s egging everyone on, so he can get validation by being a snarky contrarian.


26 posted on 08/01/2011 8:04:25 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Graybeard58

Happens to me too.


27 posted on 08/01/2011 8:06:02 AM PDT by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Ace of Spades
Our side controls one house of government. Their side has two. We can’t get away with whatever the hell we want right now. Our government doesn’t run that way. But, stating this simple fact gets you branded a RINO, traitor or surrender-monkey.

Our side controlled everything 2005-2007. We blew it in terms of doing anything about the debt. Many of those same folks are still in leadership positions today. We could control everything again and I bet there would be similar excuses that we don't have 60 folks in the Senate, which would enable the Dems to block our agenda. I am afraid the Rep leadership doesn't get it. No passion, no sense of urgency. They would rather seek political advantage by playing the blame game then provide solutions. Time is running out.

Our country is going rapidly down the toliet. Moral victories are not enough. We may only have two to three years before the entire house of cards collapses. All it would take would be a rapid increase in interest rates or some European collapse involving Greece, Italy, or Spain. No doubt that this meaningless compromise on raising the debt ceiling will result in a downgrade of our bond rating. Our economy is in the tank with little hope of any signicant turnaround. In fact, we may be headed for a double dip recession. There will be little appetite to reduce government spending, especially on welfare programs and entitlements.

The Rep leadership handled these negotiations poorly. They missed an opportunity to frame the issue months ago.

28 posted on 08/01/2011 8:10:06 AM PDT by kabar
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To: Graybeard58
When I click on an thread and then return to the posts page I get the posts page from July 27th. I have to refresh to get the current posts page. I'm tired of getting all het up about the same posts everyday.

It's broke.

29 posted on 08/01/2011 8:11:55 AM PDT by MARTIAL MONK (I'm waiting for the POP!)
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To: Recovering_Democrat

The “cause of smaller government” can never be achieved as long as the discussion is rooted in the baseline budget numbers. You can’t discuss it rationally when big increases are called cuts.


30 posted on 08/01/2011 8:20:04 AM PDT by DManA
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To: Recovering_Democrat
Mr. Obama's biggest gain in the deal is that he gets his highest priority of not having to repeat this debt-limit fight again before the 2012 election.

He won. Undefined minimal cuts, no guarantee against tax hikes, and Obama gets a clean election season to return another day. People like Laura Ingraham and others say that real cuts will come when Republicans get control of the Senate and the White House. This agreement makes it more likely Obama holds on to the WH. The prime directive of reelection triumphs once again on all sides as the country speeds on to the debt abyss.

31 posted on 08/01/2011 8:20:31 AM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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To: wilco200
"The only one on “our side” who comes out good in this is Bachmann."

That's what I've been thinking!!!

She's the ONLY one who keeps up the demand for repeal of Obamacare and the calamity it will be on this great nation!!!

32 posted on 08/01/2011 8:21:13 AM PDT by SierraWasp (I'm done being disappointed by "He/She is the only one who can win" and being embarrassed later!!!)
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To: Recovering_Democrat

This is a loss. How does raising the debt ceiling and a guaranteed 7% per year increase in raising the debt ceiling considered a winner?


33 posted on 08/01/2011 8:25:11 AM PDT by doc
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To: Ace of Spades
Our side controls one house of government. Their side has two. We can’t get away with whatever the hell we want right now

Exactly.

How in heck do the whiners think we could have gotten more?

It's a feat to have gotten no tax increase and immediate cuts (small as they are) which means we've broken their MO.

A very good step in the right direction as seen by the wailing and gnashing on the left toward Dear Leader today.

34 posted on 08/01/2011 8:36:36 AM PDT by what's up
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To: SierraWasp

She’s the ONLY one who keeps up the demand for repeal of Obamacare and the calamity it will be on this great nation!!!

***************************

I am listening to Bachmann right now on the Laura Ingraham show. She continues to make solid points in what is not a hostile interview but is certainly a biased one. I do -not- understand Laura’s determined defense of McConnell and Boehner.


35 posted on 08/01/2011 8:36:43 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: doc

Because it’s a reversal of how things have been done in DC for years.


36 posted on 08/01/2011 8:37:56 AM PDT by what's up
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To: Recovering_Democrat

The immediate (and thus only definite) spending cuts are all of $4B. There is a risk of taxes in this deal and Obama got his wish of getting this off his plate through his re-election campaign.

Thus, I believe they’d have been better off giving him the ‘clean’ debt ceiling increase he had asked for earlier, though possibly for a shorter period of time.


37 posted on 08/01/2011 8:40:40 AM PDT by 9YearLurker
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To: Recovering_Democrat

What immediate spending cuts?

When this debt deal runs out in two years, our privately held national debt will be 9.4+2.5= $11.9T. Assuming there is 2% GDP growth between now and then, our Debt to GDP ratio will be 11.9/14.8= 80%. Economies start to permanently fail when it goes over 90%. If we have a recession (likely) or Obama is reelected (unlikely), with this plan, our economy will start a death spiral.

Sorry if I’m not dancing.


38 posted on 08/01/2011 9:04:49 AM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: Ace of Spades

Good Lord.

Our Government with its system of CHECKS and balances was not designed to do anything unless all three branches agreed. When they do agree, it was designed to be a force of incredible power equal to the colonial powers of it’s time (Hamiltonian). When they do not agree it was meant to leave the people free and unburdened (Jeffersonian).

No I did not miss my 3rd grade civics class. Did you?


39 posted on 08/01/2011 9:09:27 AM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: MNJohnnie; The Sons of Liberty; ml/nj; Mister Da; Matchett-PI; All

It is easy to sit at a computer and pronounce grand solutions, it is rather a different one to take those ideas and turn them into laws.

I suggest all the political geniuses on the Internet who think they have all the answers get off the bench and run for office.

Past time Internet Conservatives start matching their posting rhetoric to deeds
///
since you posted the EXACT same words here:
http://www.freerepublic.com/focus/f-news/2756875/posts?page=67#67

i will post my exact same response:
i don’t have grand solutions. but, i can see the basic math, that we need to cut NOW. Obama raised spending by 40% in 2 years.
the 2006 budget BALANCES with current revenues.
would returning to that, be so painful, when millions are unemployed?
= = =
The deficit boondogle was almost 50 years in the making and it won’t be turned around in 1 year or even 10 years.
///
please look at the GDP / debt graph. MOST of the damage, has been done since the dems took the house in 2007.
(they did all that, with a GOP WH, yet we can’t?)
http://www.freerepublic.com/focus/f-bloggers/2755900/posts?page=4#4

Bachmann and Jim Robinson were correct. all we had to do, was NOTHING. LET the debt ceiling hit, and let OBAMA be forced to cut back the 40% he added.
OR, agree to make massive cuts, and balance the budget (again, simply going back to 2006, balances.)

otherwise, IF we win the WH, in 2013 we will have double digit unemployment, inflation, and a 17.5 trillion debt,
with higher interest cost because of the AAA downgrade:

http://www.freerepublic.com/focus/f-news/2756453/posts
Moody’s: Neither debt plan protects the nation’s AAA rating [ Well then Cut cut cut ]
= = =
and, shoud Rush, Mark Levin, and Jim Robinson,
shut up or run for office also? because they ALSO disagree with you.
(and Rush has a pretty good track record...)

http://www.freerepublic.com/focus/news/2755346/posts
We’ve Been Played for Saps, Folks: Boehner Bill Will Become Reid Bill
RushLimbaugh.com ^ | 7/28/11 | Rush Limbaugh
http://www.freerepublic.com/focus/f-news/2755395/posts
Urgent message to the Tea Party Freshmen and fiscal conservatives: HOLD THE LINE! July 28, 2011 | Jim Robinson


40 posted on 08/01/2011 9:11:50 AM PDT by Elendur (It is incumbent on every generation to pay its own debts as it goes. - Thomas Jefferson)
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To: what's up

Because we had their asses against the wall. Did you not see Reid and Obama out there everyday doing the Wizard of Oz routine screaming ‘the deadline is looming, we have to do something’? That’s called a bluff. We should have called it.

We have the American public on our side. We have the ratings agencies on our side. We have the ‘12 election on our side. We had leverage.

We should have walked in asking for alot more and we would have gotten alot more coming out of this.


41 posted on 08/01/2011 9:12:43 AM PDT by Free Vulcan (Obama's hoping that we'll have nothing but chump change left when he's done.)
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To: kabar

You’re right, we did have everything from 2005-2007. And nobody said a word because we fell in line behind W as he spent us into the stone age. Where was the outrage then? FReepers were ready to put W’s head on Mount Rushmore. The outrage now is too little, too late. If we win it all in 2012 and our Tea Party saviors hold Palin (or Romney, Bachmann, etc...) to the fire, I’ll be impressed.


42 posted on 08/01/2011 9:14:22 AM PDT by Ace of Spades (Sed quis custodiet ipsos custodes?)
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Click the Dice!

Don't Gamble With Free Republic's Future

Give what you can
Or donate monthly, and a sponsoring FReeper will contribute $10
Become a sponsoring FReeper – Contact TheOldLady

43 posted on 08/01/2011 9:15:51 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
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To: Psalm 144
"I am listening to Bachmann right now on the Laura Ingraham show. She continues to make solid points in what is not a hostile interview but is certainly a biased one. I do -not- understand Laura’s determined defense of McConnell and Boehner."

Ingraham is exactly like Billy O...they act conservative most of the time but will always side with the established big government in the 11th hour. Never ever fails.

Several of the "conservative" pundits do this. She endorsed Romney and is scolding the TEA party now. Ever feel like a little sheep?

44 posted on 08/01/2011 9:18:14 AM PDT by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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To: Arm_Bears

the fact you pat yourself on the back for donating does not make what you say valid.


45 posted on 08/01/2011 9:19:49 AM PDT by bert (K.E. N.P. +12 ....Flash mobs are trickle down leftwing REDISTRIBUTION))
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To: Psalm 144

I do -not- understand Laura’s determined defense of McConnell and Boehner.
///
agreed. it is bizarre. same with economist Thomas Sowell embracing a plan that will add 9 TRILLION debt in the next 10 years. (or Col. West calling tea party “shizophrenic”).

and i agree about Bachmann. since Cain apologized to the Muslim Brotherhood, and Bachmann stood so firm about cutting spending, she is now my first choice of declared candidates.


46 posted on 08/01/2011 9:21:10 AM PDT by Elendur (It is incumbent on every generation to pay its own debts as it goes. - Thomas Jefferson)
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To: MNJohnnie
Much easier to sit at your computer bitching about everything instead.

Wow... The hypocritical irony is completely lost on you isn't it.

47 posted on 08/01/2011 9:22:20 AM PDT by Dead Corpse (explosive bolts, ten thousand volts at a million miles an hour)
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To: MontaniSemperLiberi

What you’re saying isn’t much different than what I’m saying. Given the situation, our government had two options:

Option 1- Craft a compromise that all three branches could agree to.

Option 2- Default.

That’s it, one or the other. So which option do you support?


48 posted on 08/01/2011 9:23:01 AM PDT by Ace of Spades (Sed quis custodiet ipsos custodes?)
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To: Free Vulcan
We should have walked in asking for alot more and we would have gotten alot more coming out of this.

I don't agree that we could have gotten a lot more. It was a battle getting what we got all the way to the end.

That being said...let's move on and get even more next time. One of the best things about this is the demoralization on the left. Let's take advantage and move on to the next step forward. Winning the Senate would help us even further along.

49 posted on 08/01/2011 9:28:30 AM PDT by what's up
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To: Dead Corpse; MNJohnnie
"The hypocritical irony is completely lost on you isn't it."

No it's not..I know something about MNJohnnie. What are you doing...fishing to see what MNJohnnie does for a living and and what he does every day for the "cause"? I'd think that would be none of your business. Just saying.

Bet you never went on a DC march either...pot black.

(Sorry Johnnie..just couldn't help jumping in..I know you don't need defending...*spit)

50 posted on 08/01/2011 9:29:14 AM PDT by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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