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IT'S OFFICIAL: Obama Has Completely Dismantled The Debt Ceiling As A Political Weapon
Yahoo Finance ^ | 2/11/14 | Brett LoGiurato - Business Insider

Posted on 02/11/2014 11:18:31 AM PST by NormsRevenge

If there was any doubt after the government shutdown and last protracted battle over the debt ceiling, this cave from Republicans should make it clear: The debt ceiling is no longer a legitimate political weapon.

House Speaker John Boehner will bring a "clean" debt-ceiling increase to the floor on Tuesday night. For Republicans, it completes an epic swing in positions from 2011, when they first made the debt-ceiling increase a major vehicle to try to force spending cuts from President Barack Obama and Democrats.

Consider the swing: In 2011, Boehner established the rule in his namesake — "the Boehner rule," which required a dollar in cuts for every dollar raised in the debt ceiling. In 2013, the Boehner rule is dead. And in the end, even before Republican leaders conceded and said they would allow a "clean" hike to come to the floor, Republicans were talking about spending increases that would be attached with the bill.

It got to the point last week, when House leaders were considering a method called "pen

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: debtceiling; dismantled; obama; politicalweapon
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To: Graewoulf

The House RINO have given up again, ——everything seems to be in place now - - - - .

We even have “Doormat” Boehner in place as the whiney, wimpy, Whimper-Speaker!

FORWARD!, into the abyss of Obamanation!

Yo-Dee-Ho! Yo-— Ho!
Yo-Dee-Ho! Yo-— Ho!
Yo-Dee-Ho! Yo-— Ho!


21 posted on 02/11/2014 12:11:12 PM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
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To: NormsRevenge

22 posted on 02/11/2014 12:11:46 PM PST by Manic_Episode (GOP = The Whig Party)
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To: Soul of the South

The only reason there is a GOP majority is that a bunch of carpet bagging careerists moved across the aisle and into the GOP tent. These Reps do not have a conservative bone in their bodies and elect leaders like John Boehner.


23 posted on 02/11/2014 12:11:49 PM PST by lodi90
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To: Jedidah

True, but at this point cutting off his money is the only leverage Congress has over Obama ruling like a dictator.


24 posted on 02/11/2014 12:13:06 PM PST by Buckeye McFrog
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To: Manic_Episode

http://www.replacethespeaker.com

Thank you Senate Conservatives Fund!!

Check the Whip List for your Rep. Do they support replacing Bonehead? Call and school or thank them! Phone numbers provided at link.

25 posted on 02/11/2014 12:13:19 PM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: Jedidah
...that’s not happening until the opposition controls more than 1/2 of 1/3 of the federal government....

And that's not happening until there is an opposition. If you think the RNC wants to fund the government responsibly you are not paying attention.

26 posted on 02/11/2014 12:18:35 PM PST by nitzy
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To: griswold3

When hyperinflation finally hits, and the price for a loaf of bread is $500, the national debt (payable in constant dollars) will not seem nearly as scary. Even the interest will be manageable when inflation hits 1,000%.
Of course, we may all be dead in the streets at that point from the social chaos that would result.


27 posted on 02/11/2014 12:31:02 PM PST by Deo volente (God willing, America shall survive this Obamanation.)
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To: NormsRevenge

It’s TEOTWAKI and I feel fine.


28 posted on 02/11/2014 12:33:20 PM PST by showme_the_Glory (ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
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To: nitzy

Oh, I’m paying plenty of attention. The fundamental reason (other than controlling only 1/2 of 1/3 of the government) that there is no brake on Obama is that there is no organized and coherant opposition.

That applies both to Republicans and to the fragmented and confused conservative and libertarian splinters who yearn for power.

There’s enough combined force there to take our country back, but an inability to unite on the big issues and work out the fine points later. There’s too much finger-pointing and name-calling to get anything done.

Sad times.


29 posted on 02/11/2014 12:39:39 PM PST by Jedidah
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To: lodi90

The purpose of installing Obama/Boehner was LOOTING THE USA.

They’re going for one last trunkful of cash before Arpaio blows the lid off WHO ‘Obama’ really is, and we get either........

FALSE FLAG >> MARTIAL LAW

or

INDICTMENTS >> CONGRESSIONAL SHOW TRIALS


30 posted on 02/11/2014 12:46:29 PM PST by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: NormsRevenge
Is there any hill Boner is willing to defend?

Please. Just one?

31 posted on 02/11/2014 12:46:29 PM PST by Gritty (Inside every liberal is a totalitarian screaming to get out! - David Horowitz)
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To: Jedidah
..."The debt ceiling should be met by sound fiscal policy"....

'Congressional fiscal policy'..


32 posted on 02/11/2014 12:51:45 PM PST by caww
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To: Gritty
'Hit the road Jack...there're ain't gonna be no more, no more, no more, no more,!


33 posted on 02/11/2014 12:58:43 PM PST by caww
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To: NormsRevenge

I don’t know why they even bother with this charade. They will obviously raise it to astronomical levels each time. Seems like there is always a consensus that they will raise it substantially no matter what.


34 posted on 02/11/2014 2:33:08 PM PST by castlegreyskull
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To: NormsRevenge
The whole CONgress has gone rogue!

The Repellican "leadership" will not stand in it's way until long after our national weakening!

By then it'll be way too late!!!

I'm workin on gittin ready for Jesus to return because there will be no other decent nation to live in under heaven when this one is GONE!!!

35 posted on 02/11/2014 3:09:15 PM PST by SierraWasp (Democrats these days are the "Glitches" in America's way of life and culture!!!)
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