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Reid:S&P downgrade backs Dems' call for more revenue
TheHill ^ | 08/05/11 | Jamie Klatell

Posted on 08/06/2011 8:43:43 AM PDT by Cheerio

Standard & Poor's decision to downgrade the nation's credit rating reinforces Democrats' call for increasing tax revenue, Senate Majority Leader Harry Reid (D-Nev.) said Friday.


TOPICS: Breaking News; Government
KEYWORDS: aa; aaa; aaplus; balancedapproach; credit; creditrating; cutcapbalance; debt; debtceiling; debtlimit; donothingsenate; highertaxes; rating; reid; revenues; standardpoors; taxandspend; taxes; triplea; use2aa; youcantfixstupid
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The people spoke clearly in the past two elections. RINO's were voted out in 2008. Democrats were voted out in 2010. RINO's and Democrats are endangered 2012.

Seriously, this man needs to be in an insane asylum.
1 posted on 08/06/2011 8:43:48 AM PDT by Cheerio
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To: Cheerio

NO IT’S CUTTING SPENDING U SOB


2 posted on 08/06/2011 8:45:08 AM PDT by A_Former_Democrat (Just when you think the left can't get any loonier . . .)
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To: A_Former_Democrat

The correct response is:

Democrats had full control of government from 2009 through Jan 2011. They had a filibuster proof majority for much of that time.

They could have proposed and brought to the House and Senate floor huge tax increases any time they wanted to.

They failed to do so.


3 posted on 08/06/2011 8:46:38 AM PDT by Owen
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To: Cheerio

The communists never go off-message. Never.


4 posted on 08/06/2011 8:46:38 AM PDT by clintonh8r (Happy to be represented by Lt. Col. Allen West (this tagline under review))
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To: Cheerio

Steve Israel, head of the DCCC was just on with Cavuto..he called for taxing the rich..said “that’s why Willy Sutton robbed banks..that’s where the $$$ is”<P.
hope there’s a clip...


5 posted on 08/06/2011 8:46:44 AM PDT by ken5050 (uities)
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To: clintonh8r

Campaign ads.. Lots and lots of campaign ads.


6 posted on 08/06/2011 8:47:25 AM PDT by EQAndyBuzz (Sarah Palin 2012 - Nothing but Net)
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To: Cheerio

The Dems want anything except spending cuts.


7 posted on 08/06/2011 8:48:44 AM PDT 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: ken5050

I think that was Steve Cohen and not Israel. In any case, he was a dumba**


8 posted on 08/06/2011 8:49:06 AM PDT by Kevin in California
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To: Cheerio

Every time these guys said this, if the Media were fair they would show the chart that says you can change the tax rate to 100% and you still go broke.


9 posted on 08/06/2011 8:50:00 AM PDT by dila813
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To: Cheerio

Harry Reid needs to STFU!!!


10 posted on 08/06/2011 8:50:25 AM PDT by no dems (i)
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To: Cheerio
My dream is that this gives us the opportunity to institute a Flat Tax or maybe even a Sales Tax while completely eliminating the Income Tax.

I know it won't happen, but it is a nice dream.

11 posted on 08/06/2011 8:50:33 AM PDT by comebacknewt ((on second thought, never mind, go away again Newt))
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To: Cheerio
I really hate how the Democrat agenda becomes starting line for the discussion.

Raising tax rates is not the same as raising tax revenue.

12 posted on 08/06/2011 8:50:35 AM PDT by Dr.Deth
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To: Cheerio

Reid’s a relentless little bastard,he can turn any situation into a reason to get into your wallet.


13 posted on 08/06/2011 8:51:05 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: ken5050

So, Willy Sutton was a Democrat.


14 posted on 08/06/2011 8:51:14 AM PDT by seowulf ("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
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To: A_Former_Democrat
Exactly right. The Dems continue to spread the lie that the rich don't pay their share. Check this out...if they took ALL of the wealth of the "rich", it would pay our bills for 24 days (IRS numbers, so you KNOW they're right).

It's just not there.

We need to continually remind people that only cutting the spending is going to save us.
15 posted on 08/06/2011 8:51:17 AM PDT by Zarro (Jail Congress)
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To: Cheerio

16 posted on 08/06/2011 8:51:45 AM PDT by Errant
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To: Kevin in California
You're right..thanks..I sort of half tuned him out..but he did say it..didn;t he..

IIRC he's the guy who tried to join the Black Caucus last year?

17 posted on 08/06/2011 8:51:45 AM PDT by ken5050 (uities)
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To: Cheerio
Isn't the reason we are in this mess because the feds are spending far too much. More taxes will exacerbate the problem and in a few years the RATS will demand more taxes to fix what they cause today. It is a never ending cycle.
18 posted on 08/06/2011 8:52:17 AM PDT by rawhide
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To: Georgia Girl 2
We may be forced to raise taxes as they want just to prove to them and to Americans that it just won't work. Why?

Because we have nobody on our side (except Rush Limbaugh) articulate enough to explain why raising taxes is the wrong way to go.

Sometimes one just has to touch the hot stove once to see that it's not a smart thing to do.

Too many republicans stay in one place and sing to the choir. Often times beating up their own. While democrats beat down the Tea Party.

19 posted on 08/06/2011 8:52:34 AM PDT by tsowellfan (Let's make the 2012 campaign: "The War on Error")
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To: Cheerio

More revenue, eh? OK, why don’t y’all start taxing the freeloading welfare deadbeats that make up the base of the democRAT party? Never mind - I know the reason - you need to use other peoples’ money to buy their votes.


20 posted on 08/06/2011 8:52:48 AM PDT by meyer (We will not sit down and shut up.)
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To: Owen

Exactly. They’re cowards and hypocrites.


21 posted on 08/06/2011 8:53:06 AM PDT by A_Former_Democrat (Just when you think the left can't get any loonier . . .)
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To: ken5050
Steve Israel, head of the DCCC was just on with Cavuto..he called for taxing the rich..said “that’s why Willy Sutton robbed banks..that’s where the $$$ is”
OMG!!! That needs to be a political ad for the GOP in 2012 if I ever heard one.
22 posted on 08/06/2011 8:53:26 AM PDT by no dems (i)
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To: Cheerio

It’s the jobs, stupid.

There are some 25 million un/under employed. Put them back to work earning money, paying taxes and buying things and the economy will be restored to the way it used to be.


23 posted on 08/06/2011 8:54:21 AM PDT by ex-snook ("Above all things, truth beareth away the victory")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Cheerio.
24 posted on 08/06/2011 8:54:32 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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To: Owen
The Democrats had control of the purse since January 2007. And since then the deficit has exploded.
25 posted on 08/06/2011 8:54:36 AM PDT by Chgogal (WSJ, Krauthammer, Rove et. al., STFU. Thank you.)
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To: Cheerio

So why is Obama now calling to extend the payroll tax cut?


26 posted on 08/06/2011 8:54:44 AM PDT by Brilliant
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To: Cheerio

Sorry Harry. The carcas is already picked clean.


27 posted on 08/06/2011 8:55:06 AM PDT by BlatherNaut
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To: Errant
Roger the John Galt.
They pull a stunt like that, and I'll put 100% of my salary into the tax-deferred 401K account and we'll live off my wife's salary.
Net tax receipts will go DOWN!
28 posted on 08/06/2011 8:55:29 AM PDT by grobdriver (Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
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To: A_Former_Democrat

The downgrade is because we are overextended; at 100% of our GNP.

Nazi socialist bastards need to be voted out and the party outlawed.

FUBO & FAD


29 posted on 08/06/2011 8:55:40 AM PDT by RJS1950 (The democrats are the "enemies foreign and domestic" cited in the federal oath)
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To: A_Former_Democrat

Exactly.

You don’t get rewarded for incompetent, disastrous behavior, dingy, by getting more money to waste.


30 posted on 08/06/2011 8:56:15 AM PDT by Let's Roll (Save the world's best healthcare - REPEAL, DEFUND Obamacare!)
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To: Cheerio

Yo Dingy! That’s not how it works. When the normal family finds that all of their credit cards are maxed out, THEY CUTBACK ON THEIR SPENDING. They don’t go in and ask their boss for more money. It’s a fact of life there bubba. If you had spent more of your pitiful life out here where the rubber meets the road instead of living in Washington’s fantasy land, you would know that.


31 posted on 08/06/2011 8:56:15 AM PDT by FlingWingFlyer (Americans need to wean their government off of its dependence on foreign money.)
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To: Cheerio

IRS: Not enough rich to cover the deficit
http://blogs.dailymail.com/donsurber/archives/39534


32 posted on 08/06/2011 8:57:05 AM PDT by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: Cheerio
Dear Las Vegas....

You are by far my favorite City but this time you disappointed me...


33 posted on 08/06/2011 8:59:02 AM PDT by darkwing104 (Lets get dangerous)
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To: Cheerio
Why do the people in Nevada keep electing this idiot?

I don't understand. His head is not right.

34 posted on 08/06/2011 9:01:09 AM PDT by A Cyrenian (Whenever I start to feel down. I always thank God I'm not Jay Carney.)
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To: tsowellfan

I’m leaning that way as well. Why should we prevent the rats from diving off the cliff? We simply must win the Senate and Presidency next year and any recovery that occurs between now and then will be attributed to the Won and his comrades. Any republican attempts to restructure and reform the tax code and entitlements will be used to destroy their election chances. I say get a vote on a balanced budget amendment and take names.


35 posted on 08/06/2011 9:03:04 AM PDT by Kahuna
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To: Cheerio

Don’t you just love it when an insane Reid asks everyone to go along with the insane thoughts of Reid, and give up on ever being sane again? Shows how terribly zer0 and the democRATS are losing this war of words. America is gaining her legs and starting to stand despite ried’s and the democRATS attempt to knock America back down. I can see 2012 from my house, dingy.


36 posted on 08/06/2011 9:03:29 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: Cheerio

I think the word out of S&P’s horses mouth that the ONLY thing that would’ve prevented the downgrade was $4 TRILLION in spending cuts which would show we are serious about the debt...

Reid, Pelosi, and their talking twit Wasserman-Schultz are delusions and what’s more, they’re lying...


37 posted on 08/06/2011 9:03:59 AM PDT by RowdyFFC
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To: Cheerio

Or it’s obvious Senate Majority leader Reid is planning on more damage to the private sector;

By Christina D. Romer and David H. Romer
http://emlab.berkeley.edu/users/dromer/papers/RomerandRomerAERJune2010.pdf

“Our baseline specification implies that an exogenous tax increase of 1% of GDP lowers real GDP by almost 3%”


38 posted on 08/06/2011 9:04:04 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: tsowellfan
Not true. Paul Ryan is quite articulate. Cant you see why Barack and the MSM went after him so voraciously?
39 posted on 08/06/2011 9:05:07 AM PDT by Neverforget01 (It Could Have Been Worse Is Not A Defense For Bad Policy)
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To: Cheerio
Democrats' call for increasing tax revenue

In other news scientists expect sun to continue to rise in the east.

40 posted on 08/06/2011 9:05:27 AM PDT by Poison Pill
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To: Cheerio

IT’S THE SPENDING, STUPID.


41 posted on 08/06/2011 9:07:01 AM PDT by Moorings
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To: Errant

the ‘progresssives’ desire a European style welfare state who have long had groups like Why Work.org.
Welcome High unemployment, high taxes, large black market as the new normal.


42 posted on 08/06/2011 9:07:52 AM PDT by griswold3 (Character is Destiny)
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To: Cheerio
Just tell him we have no problem, all those Obummer care savings will fix it.
43 posted on 08/06/2011 9:07:55 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Cheerio

NOBODY WORRY!

ALL IS NOT LOST!

We have legislated a savior:

Faster than a subsidized bullet train! More powerful and with a loco motive! Able to heap tall buildings into a single mound. Look, up in the sky! It’s a berg! It’s a plague! No, it’s SuperCommittee! Yes, it’s SuperCommittee, strange visitors from another planet who came to Earth with powers and liabilities far beyond those of moral men.

SuperCommittee, who can change the discourse thru mighty givers, defend the steal with their Care hands, and who, disguised as Clark Spent — mild-mannered reporter for a great metropolitan newspaper — fights with never-ending prattle for truce, injustice and the anti-American way.


44 posted on 08/06/2011 9:07:57 AM PDT by BuddhaBrown (Path to enlightenment: Four right turns, then go straight until you see the Light!)
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To: Kahuna

Yup, let Harry Reid have his vote on raising taxes. The republicans will be on recorded voting against it. Let them do it. If they raise taxes and things get worse, we win!


45 posted on 08/06/2011 9:09:13 AM PDT by tsowellfan (Let's make the 2012 campaign: "The War on Error")
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To: A Cyrenian
Why do the people in Nevada keep electing this idiot?

He's got a big supporter, Donald Trump
46 posted on 08/06/2011 9:09:25 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: grobdriver

Excellent plan! I hadn’t thought of that...


47 posted on 08/06/2011 9:10:28 AM PDT by Errant
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To: meyer
More revenue, eh?

How about collecting from the tax cheats in DC-can anyone say Tim Geithner?

48 posted on 08/06/2011 9:13:32 AM PDT by clove (God, Family and Country, the truth will live!)
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To: Cheerio

“Reid:S&P downgrade backs Dems’ call for more revenue “

Explain to us what “more revenue” is?

Or is hiding behind a chickenshit way of saying higher taxes is as far as you can go?


49 posted on 08/06/2011 9:14:04 AM PDT by VanDeKoik (1 million in stimulus dollars paid for this tagline!)
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Donate and feel great



50 posted on 08/06/2011 9:15:38 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
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