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2011-07-11 Home Front: Politix
US talks on debt default to continue
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Posted by Fred 2011-07-11 00:00|| || Front Page|| [2 views ]  Top

#1 Yup, the Once has NOT been defeated in a long time, It's Time.
Posted by Redneck Jim 2011-07-11 02:00||   2011-07-11 02:00|| Front Page Top

#2 " no question in his mind....." all righty.

Well, I guess that settles it then. After all, The Messiah DID get Bin Laden, ya'know. You DO know that, dont you?
Posted by  de Medici 2011-07-11 05:04||   2011-07-11 05:04|| Front Page Top

#3 From the scuttlebutt I have heard, the Republicans were willing to do short term, limited taxes on things that wouldn't piss off most people for some real reductions on programs that they chose. No more fuggy accounting from the CBO type cuts. At this point Obama demanded more taxes and only cuts to the programs he wanted (see fudge) the Republicans said no thanks.
Posted by DarthVader 2011-07-11 08:09||   2011-07-11 08:09|| Front Page Top

#4 Obama is causing so much pain for the working black community. Yet they want him still to have more of a backbone to fight on with the same lousy ideas he has. They still say this was a mess handed down to him. That this will take time to correct. People can be very difficult at times. You can't break from the pack. You can't improve yourself. You can't move out. Like a person drowning they will pull others down with them. My Viet Nam friend went back with his wife to visit her mother who was ill. A rental bike cost $2000. He spent some time in the hospital after being attacked. Then about two months in hospital here in the States. He was now an outsider. Who didn't belong there. A rich outsider which made it worse for him.
Posted by Dale 2011-07-11 09:03||   2011-07-11 09:03|| Front Page Top

#5 Actually default is a good thing.

Because it punishes reckless lenders.

And they created this mess in the first place.

Banking on being bailout by the various governmnts, which to date they have been.
Posted by phil_b 2011-07-11 12:53||   2011-07-11 12:53|| Front Page Top

#6 phil_b Hello, I believe our own government forced lenders into loans that they normally would have shunned. Brazil is now suffering for the same reason as are many other countries. Sad to say Ireland. They had enjoyed a short lived prosperity.They had some of the best of times and I'm certain they long for those days again.
Posted by Dale 2011-07-11 13:03||   2011-07-11 13:03|| Front Page Top

#7 BLUF - This entire exercise is about modifying the behavior of the government. Spending must be cut. Not long term where effectively they won't happen but immediate. Tax revenue will not fix the problem either and again, they will just spend it when they get it.

If you give the addict even MORE after he doubled his dose, he will want yet more again.

No Mr President - you doubled the debt YOURSELF, you cut it yourself.
Posted by newc 2011-07-11 13:44||   2011-07-11 13:44|| Front Page Top

#8 "This entire exercise is about modifying the behavior of the government".

Ditto. Obama doesn't adapt. Kennedy grew with the office but Obama shows no signs of doing that.
Posted by Dale 2011-07-11 13:52||   2011-07-11 13:52|| Front Page Top

#9 John It is not pronounced 'Boner!' Boehner I have a feeling that if Boehner caves, his last name will rhyme with "Gonner." Boehner and the Republicans need to hang tough.

Obama didn't care to negotiate or seek any input on ObamaCare from Republicans--he shut them out and reminded them that he won. Since he lost the House in 2010, he sounds like he wants to negotiate but he really doesn't care a whit about that. His feigned magnanimity is for the benefit of the rubes who elected him in 2008. He began running for re-election the day after the election. O'Bumble would like to fracture the Republican Party before the 2012 election. This man (Obama) took Alinsky seriously. The Republicans have to realize he and donks play hardball and care little about anything but the next election.
Posted by JohnQC 2011-07-11 15:59||   2011-07-11 15:59|| Front Page Top

#10 And don't take Obama's word on *anything*!

The guy is a proven (time and again) liar and fraud.
Posted by CrazyFool 2011-07-11 16:05||   2011-07-11 16:05|| Front Page Top

#11 So what's wrong with peas?
"That is not an acceptable approach," he said at a press conference before talks resumed. "So we might as well do it now. Pull off the bandaid. Eat our peas. Now is the time to do it. If not now, when?" He added: "This is the United States of America. We don't manage our affairs in three month increments."
Posted by tipper 2011-07-11 17:39||   2011-07-11 17:39|| Front Page Top

#12 Lots of folks talk about what a great politician The One is. I don't think so. He may be a pretty good campaigner, but that's different. LBJ, rotten human being though he may have been, would have brokered a deal over this months ago, as would several other recent presidents. The One instead publicly belittles Paul Ryan and his budget proposal and talks about Republicans as if they were children who won't "eat their peas." Self-indulgent rhetoric like that is not how you get deals done.
Posted by Matt 2011-07-11 18:38||   2011-07-11 18:38|| Front Page Top

#13 Boehner looks like the guy who is ready to walk off the used car lot if he doesn't get the deal he wants. Any used car salesman could see that. Obama better go talk to his manager again.
Posted by Ebbang Uluque6305 2011-07-11 18:45||   2011-07-11 18:45|| Front Page Top

#14 Well, I guess that settles it then. After all, The Messiah DID get Bin Laden, ya'know. You DO know that, dont you?

Yes By an extreme third {arty, and very long distance, If Obama got Osama it was by accident, NOT deliberately.
Posted by Redneck Jim 2011-07-11 19:21||   2011-07-11 19:21|| Front Page Top

#15 LBJ, rotten human being though he may have been, would have brokered a deal over this months ago,

:)

Yep, and then twisted arms and threaten to name the names the next important vote. Bluest Dawg Evar.

A coniving SOB but would have been a world class Prime Minister. Levers, buttons, he could smell them.

Posted by S 2011-07-11 19:23||   2011-07-11 19:23|| Front Page Top

#16 ION NEWSMAX > [Prof. Terry Zivney of Ball State University]PROFESSOR: US DID DEFAULT IN 1979, briefly + technically on US$120.0Milyuhn of T-Bills back when the US Debt Ceiling was a lowly US$843.0 Bilyuhn.

and

* SAME > [ex-NY Governor George] PATAKI: GOP MUST NOT COMPROMISE [core = basic principles] ON DEBT CEILING, said principles being ...
> Low taxes.
> Less regulation.
> Support for strong Growth Environment.
> Redux on Entitlement Spending.
> No blame laid on the Private Sector-Markets.

versus

* BHARAT RAKSHAK > [Video] MAX KEISER: US GOING DOWN AFTER GREECE, to be followed later by the collapse of Spain, Portugal, + Italy.

* SAME > DOLLAR APOCALYPSE [US financial analysts predict a collapse of US Dollar will devastate World Economies for a long period].

* SAME > CHINA OR AMERICA: WHICH ONE IS THE DEVELOPING COUNTRY?

Artic = Econ gauges says its America = Amerika.

IIRC, as per USDEBTCLOCK.org + CNN, US Debt as of this AM 07/12/2011 Guam time is over US$14.833 and climbing.
Posted by JosephMendiola 2011-07-11 23:03||   2011-07-11 23:03|| Front Page Top

00:28 JosephMendiola
23:52 JosephMendiola
23:20 CrazyFool
23:08 chris
23:03 JosephMendiola
22:52 chris
22:49 chris
22:17 Skidmark
21:50 Alaska Paul
21:45 tipover
21:41  de Medici
21:40 Frank G
21:40 Alaska Paul
21:37 Frank G
21:32 Alaska Paul
21:05 Pappy
20:56 SteveS
20:45 Nimble Spemble
20:43 Richard Aubrey
20:28 Frank G
20:27 Frank G
20:25 trailing wife
19:53 Barbara
19:46 JosephMendiola









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