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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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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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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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To: Ace of Spades

We would not have defaulted. Your are stuck in a false choice.

We have a budget until the end of the fiscal year in September. Absent any congressional action, the president would have had the authority to spend money but not increase the debt.

Our Government had many options.


51 posted on 08/01/2011 9:30:27 AM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: yadent

My mistake. Appears FICA goes back UP at the end of this year.


52 posted on 08/01/2011 9:31:14 AM PDT by yadent
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To: Free Vulcan

Exactly. The argument should have been how long would we take to balance the budget and how much front loading of cuts would there be. We could have compromised on that. (my plan was 100% front loaded) Now we have NO front loading and no plan to balance the budget, ever.


53 posted on 08/01/2011 9:34:12 AM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: Recovering_Democrat
A Tea Party Triumph

Mass psychosis is the order of the day from the Washington, DC Party and their media flacks.

54 posted on 08/01/2011 9:34:33 AM PDT by EternalVigilance (The only thing still propping up the GOP is the dwindling illusion that it's at all conservative.)
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To: Earthdweller

“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.”

I will respectfully disagree with you in part. My impression is that O’Reilly is a simple fraud all of the time, as you describe. Laura however very often -is- a vanguard and serious conservative, although this is often on social and cultural issues which influence politics, but are not directly political. She has been trending painfully establishment this year though, as has Ann Coulter. What truly surprises me is her complacence with this shadow Congress of appointees. As an attorney, she should have been all over that circumvention of the Constitutional form of representation. Disappointed with her on this one.


55 posted on 08/01/2011 9:36:21 AM PDT by Psalm 144 (Voodoo Republicans: Don't read their lips - watch their hands.)
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To: Titus Quinctius Cincinnatus

Remember that the Bush tax cuts do not only affect the “rich”...that was the reason that Obama extended them in Dec. He KNEW that the middle class would be pissed when their taxes went up. I don’t think that Dec 2012 is going to be much different. Is Obama REALLY going to let the tax cuts expire so that EVERYONE’S taxes (including those making 40,000) goes up? If congress votes to extend the tax cuts (a great possibility if our economy is STILL in the tank as it is now), will Obama truly veto it?

Only scenario where that happens is if he loses the election and then he has NOTHING to lose.


56 posted on 08/01/2011 9:40:52 AM PDT by t2buckeye
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To: throwback

If the economy is still sour and double-dips, it doesn’t matter what happens with the debt ceiling or even this deal. Obamacare and the boon-doggle porkulus is strangling any recovery that might have occurred before the election. Unemployment is still going to be high if Obamacare is in play...and unless it gets shot down by the Supremes, it’s not going to get repealed until the Republicans take over the Senate and the House in greater numbers.

This is not the greatest deal BUT I think it’s clear that the perception is that Obama lost big time...sometimes perception is reality but sometimes not. REmember...there are still almost 50 percent of the people in this country who do not pay taxes. WIth that in mind, I do wonder if this is the best deal we could get.


57 posted on 08/01/2011 9:46:10 AM PDT by t2buckeye
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To: Ace of Spades

If something isn’t done to stop the out of control spending very soon, then it matters not one whit who is elected. The welfare state is imploding and it will take down the country if we continue to allow the Dems to get their way.


58 posted on 08/01/2011 9:46:25 AM PDT by kabar
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To: Psalm 144
"Disappointed with her on this one.

Same here, but I could lift it up a notch to say I'm disgusted this time around. Ingraham's Romney endorsement the last election was when the disappointment first set in. Most of us have been onto BO since he trashed FR.

59 posted on 08/01/2011 9:48:25 AM PDT by Earthdweller (Harvard won the election again...so what's the problem.......? Embrace a ruler today.)
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To: Earthdweller; MNJohnnie
I'd think that would be none of your business.

More irony. Johnny wants to know what everyone is doing besides whining, you are castigating those posting, instead of doing, by posting...

I've been to the Capital protests here in MN, and in TX when I lived there, and have yet to see Johnny any where. We even coordinate where to meet and where to go for food afterwards on the MN chat here on FR.

You might wanna worry about that log in your eye rather than the speck in anyone elses...

60 posted on 08/01/2011 9:48:56 AM PDT by Dead Corpse (explosive bolts, ten thousand volts at a million miles an hour)
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