“going to renig on its credit”
I wonder whether the author and her editor are really this stupid?
I think he's losing his mind. How about he goes somewhere else to have his nervous breakdown and let someone with a spine take over?
This whole thing sucks. If a deal isn’t made, Republicans will get blamed. I know that the Democrats don’t want to do anything but raise taxes and spend,spend, spend.
Unfortunately, the vast majority of the American people will probably side with whomever the media decides to blame.....and that will be the GOP.
We can’t afford another Obama term. Hell, I’m not convinced this poor nation will make it through the first four.
I sure wish we had an honest media this country.
What a transparently sleazy, corrupt form of politics: vote for a plan that means you don’t have to vote for the ceiling increase—because Obama can do it without Congressional approval.
(He only needs 1/3 of Congress, all Dems to enable him and he could simply veto the defense cuts that he himself proposes.)
If the congress critters give the one the right to raise the debt limit without their voting for it and then expect us to believe that because they vote against the raise {but it still happens} that we won't blame them.
mcconnell has been in DC too long.
1) They will raise the debt ceiling... whether it is through some political trickery or slight of hand or through outright capitulation.
2) The media will paint obama as a centrist and great leader.
3) obama will surge back up in the polls. (He already has... check rasmussen).
4) obama will win 4 more years of destruction and communist expansion.
Get ready for a third party... it is a slim chance but it may be our ONLY chance... if the republicrats perform the Final Sellout.
LLS
We have to get beyond the “blame game”. We have to sit back and look at the what the results do to help or harm our economy. Once that is visualized, then people will understand the value of of the politics played out.
If you vote to give Hussein unchecked power to raise the debt limit, then you ARE voting to increase the debt limit....and, if the current plan remains, you’re getting nothing but an empty promise of “later cuts” in return.
That is stupid.
So in his mind he just said “Hey, let’s let Obama raise it without any votes needed. Voila!” This is how senators solve problems.
Mitch if you and the cronies in the stupid/evil party give the Kenyan commie the power to raise the debt ceiling then the GOP has done just what you said they wouldn’t.
Quote 1: “ I bet there won't be a single Republican vote to raise the debt ceiling at the end of the day,” McConnell said in an interview with conservative talk radio host Laura Ingraham. The remark was in response to Ingraham’s reference to a new Gallup poll showing that the plurality of Americans oppose raising the debt ceiling. “
Quote 2 “ McConnell told Ingraham that there's no question the debt ceiling will be raised somehow. “If anybody seriously doubts that the U.S. is going to renig on its credit for the first time in history — that's just not going to happen,” he said. “
This interview is a couple of days old but the above shows a big problem with Republicans better than I can explain it, NO Republican will vote for it BUT it will get raised somehow?? This doesnt look good.
Personally, I believe the GOP needs to tell Obama to put his plan in writing as after his budget was voted down 97-0 Obama has done zip except to make a speech. The CBO was asked what Obama meant and to score it. The head of the CBO stated we can’t/don’t score /put dollar figures to/on speeches. So, we know obama has done zip again. That is old news. I have been highly pissed with Mitch ever since he came up with this idea. Senator Corker was dead on when he stated the Senate would not make the tough choices. It is time that we vote out these spineless senators along with zero.
If the ceiling is not increased, the budget is immediately balanced, & Obama will be forced to ration revenues to cover debt servicing, entitlements, defense, & everything else.
If he fails to service the debt, the US is in default. If he fails to send out entitlement checks, seniors, the poor, & the Left will revolt. If he fails to pay the military, the military might revolt. Certainly, many Americans would be outraged if any of this happened.
If you look at the numbers, we have sufficient revenues to cover debt servicing, Social Security, Medicare/Medicaid, & defense, but not much else.
So, Obama can continue to fund these items, but that leaves him with MASSIVE CUTS in bureaucratic gov’t such as EPA, Education, Obamacare, & many other functions that are totally unnecessary or are better performed at the state/local level. Thousands of bureaucrats would be laid off or fired. Obama will have to chose whether to fund the Justice dept. or ACORN & the like. The glaring waste of money will become immediately apparent & ended just as quickly.
There is no question that this will be chaotic for Federal gov’t & citizens. Hard choices will have to be made now, not 10 years from now(never). The markets may INITIALLY react negatively, but I believe will go positive when investors realize the bureaucracy & waste are severely curtailed.
But, we are already in the Obama Chaos & it gets worse by the day. Soon, there will no reversing the damage. When we REALLY default at some future date, & it is sure to come, we will be hard pressed to ever fully recover. Four more years of Obama is sure to bring us to unavoidable default & world chaos.
There are 2 HARD truths here that trump everything else:
1. Obama is not going to preside over a contrived default & the resulting world economic chaos if he has the money to service the debt. This would seal his fate as the worst president in history, & enrage the rest of the world. Obama would be the biggest welsher in the world. He loves himself way too much to do that.
2. If the debt ceiling is raised, the money will be used to reelect Obama & maintain the incredibly failed leadership in Congress. You can hem & haw about associated spending cuts & a BBA, but the money will go to maintain the status quo, which is the last thing we need. (Note that nobody is talking about what the extra trillion or 2 will be used for beyond servicing the debt.)
Wonder how he is going to coral Snowe, Collins and Gramanesty? the 3 RINOS who need RETIRING ASAP.
The only thing that Boehner and McConnell are worried about is they don’t get blamed for whatever happens. Raise the debt ceiling, don’t raise the debt ceiling, cut spending, raise taxes......they don’t want people pointing fingers at THEM.
Excellent!!!!!