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US Up Against Debt Limit Again (Mitch McConnell, John Boehner FAIL)
Forex Live ^ | 12/27/11 | Jamie Coleman

Posted on 12/27/2011 8:16:49 AM PST by jimbo123

But this time Congress has to act to stop an automatic hike in the debt limit by an additional $1.2 trln.

(Excerpt) Read more at forexlive.com ...


TOPICS: News/Current Events
KEYWORDS: debtlimit
So Mitch McConnell and John Boehner agreed to give Obama the power to increase the debt ceiling by $1.2T automatically? Disgraceful.
1 posted on 12/27/2011 8:16:56 AM PST by jimbo123
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To: All



2 posted on 12/27/2011 8:21:27 AM PST by jimbo123
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To: jimbo123

.......sigh........

If Obama had to have an actual bill to increase the debt ceiling would Republicans have said “no”?

Why can the minority of freaks and weirdos in this country drag the rest of us around by the jimmy?


3 posted on 12/27/2011 8:21:45 AM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Tzimisce

Breaking on Drudge:

Obama to ask for debt limit hike: Treasury official

http://news.yahoo.com/obama-ask-debt-limit-hike-treasury-official-152416457.html


4 posted on 12/27/2011 8:24:04 AM PST by jimbo123
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To: Tzimisce

No, they wouldn’t. They would make utter fools of themselves then send the precise bill he wants.


5 posted on 12/27/2011 8:24:30 AM PST by chris37 (Heartless.)
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To: jimbo123
The picture of Boehner Barry and Plugs annoys the crap out of me. All 3 need a slap across the face and a job loss.
6 posted on 12/27/2011 8:25:47 AM PST by mk2000
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To: jimbo123
automatic hike in the debt limit

Somebody 'splain to me what the word "limit" means now.

It used to mean something else...

7 posted on 12/27/2011 8:25:54 AM PST by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: jimbo123
When is President Dumba$$ going to stop acting like Holder's Chicago Southside Peeps?
8 posted on 12/27/2011 8:27:15 AM PST by Chgogal (WSJ, Kristol, Krauthammer, Rove et. al., STFU. Thank you.)
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To: mk2000

Careful! You are speaking of your Lords and Masters. American Aristocracy!


9 posted on 12/27/2011 8:28:17 AM PST by I am Richard Brandon
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To: mk2000

Makes me wish Congress was more like the Taiwanese Parliament, with fistfights and all.


10 posted on 12/27/2011 8:29:54 AM PST by dfwgator
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To: Chgogal

When those stupid a$$ Republicans stop him. The GOP couldn’t muster the courage to fight a girl scout troop much less the Dems.


11 posted on 12/27/2011 8:30:28 AM PST by baiamonte
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To: jimbo123
Could someone please remind me why it is sooooo important to vote GOP?

It is time for a real Tea Party yet? Just asking.

12 posted on 12/27/2011 9:00:46 AM PST by jpsb
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To: jimbo123

.

RINOS will obediently bend over and take it up the ass and do what Hussein commands.
.
Book it, guaranteed .
.
.


13 posted on 12/27/2011 9:08:16 AM PST by Para-Ord.45 (+)
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To: jimbo123
We can't question why increasing the debt limit by 1T every 4.5 months is not a good thing. I am sure our president who is the most intelligent man in the world will let us know when he sees fit. I just hope that he will be able to talk down to our level so that we can understand.
14 posted on 12/27/2011 9:10:21 AM PST by JIM O
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To: jimbo123

Maybe we’re all missing something here: the number is suspiciously half of the 2.4 trillion approved last summer. Isn’t this hike therefore the second half of the original approved amount? So, is this not anything new, except that the media tries to spin it that way to cause dizziness and nausea?


15 posted on 12/27/2011 9:22:38 AM PST by BelegStrongbow (St. Joseph, patron of fathers, pray for us!)
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To: Izzy Dunne

They got it wrong, it is actually a ‘debt target’.


16 posted on 12/27/2011 9:46:26 AM PST by sheana
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To: baiamonte
Yup, the Dumba$$ RINOs are useless cowardly POS who are scared to death of girl scout troops. How hard would it be to tear President Dumba$$ with just a few well chosen words? Disgusting.
17 posted on 12/27/2011 9:51:33 AM PST by Chgogal (WSJ, Kristol, Krauthammer, Rove et. al., STFU. Thank you.)
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To: jimbo123
What Tap Dance/Token Resistance will the RINO's use this time? Same ol' "Republicans will shut down the Government" threats? Or, the ever-popular "the poor, Seniors, and the most-needy will be deprived..." routine?

How about if Taxpayers just stop PAYING?

Putting the Nation on welfare, with constant un-limited "Un-Employment Extensions" is running out of money, too.....so we just keep borrowing and holding off the inevitable Default?

We can only hope that if there is ever another Terrorist attack on this Country, that they target Washington D.C. next time...

18 posted on 12/27/2011 9:55:17 AM PST by traditional1 (Free speech for me.....not for thee)
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To: Tzimisce

Why can the minority of freaks and weirdos in this country drag the rest of us around by the jimmy?

Because the GOP has tough, principled “leaders” like Boner and McConnell?


19 posted on 12/27/2011 9:56:19 AM PST by jospehm20
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To: jimbo123
Where have you been? That was always part of the deal. It is why so many of us were upset with it. There is no way a Dem controlled Senate will allow anything to stop the automatic increase from being implemented.

This is just another McConnell strategy to allow the issue to be raised again in an election year. The problem is that the Dems will find a way to make the Reps look bad again. This is the largest one time increase in the debt ceiling ever.

20 posted on 12/27/2011 10:18:50 AM PST by kabar
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To: BelegStrongbow

You are correct. This was all agreed to before-this is just the 2nd tranch so to speak. Course the whole thing was predicated on cost reductions being achieved by the “select” committee - which we know was an abismal failure. All this A Team has done is explore new types of taxes, reduce the rate of spending increases, and push spending to out years so politically no one is offended.

The whole thing is just smoke and mirrors. Fact is that our politicians -ALL of them - do not have the guts to actually cut programs/costs, fire people, or otherwise stand up to the growing federal beurocracy.

Without control of both houses and the presidency, the best we can hope for is for the house to defund agencies like there is no tomorrow. If we don’t stop this drunken spree, the dollar won’t be worth a pot of warm spit.


21 posted on 12/27/2011 10:24:55 AM PST by bossmechanic (If all else fails, hit it with a hammer)
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To: jimbo123

The Republicrats have already agreed to this and they will vote it right through without a peep.


22 posted on 12/27/2011 10:28:56 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: jimbo123
Congress has to vote to stop it, but Obama is free to veto that law and raise it anyway without the consent of Congress. What a bunch of incompetents to allow that scenario to be set up.
23 posted on 12/27/2011 12:31:11 PM PST by Myrddin
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