Article

2011-08-01 Economy

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Posted by Bobby 2011-08-01 12:44|| || Front Page|| [5 views ] Top

#1 A 'balanced approach' is not necessary to 'finish the job' of wrecking the country.

Posted by Anguper Hupomosing9418 2011-08-01 13:17|| 2011-08-01 13:17|| Front Page Top

#2 And it's only a dupe because some dope scrubbed the first one. [grin]

Sorry, TW, it was too poetic to let it go!

Posted by Bobby 2011-08-01 13:29|| 2011-08-01 13:29|| Front Page Top

#3 a lot of wishcasting in that drivel.

Posted by Frank G 2011-08-01 14:27|| 2011-08-01 14:27|| Front Page Top

#4 But it was dopy, Bobby, and I caused you to do extra work, so the poetry is fair. Mea maxima culpa. We can only hope the mortification will keep me from doing it again.

Posted by trailing wife 2011-08-01 14:35|| 2011-08-01 14:35|| Front Page Top

#5 Too bad he didn't compromise last week; he'd of had $800 billion more to spread around.

Obama doesn't have to compromise if he wins in 2012. The Bush tax cuts expire end of 2012.

Posted by Eohippus Phater7165 2011-08-01 14:38|| 2011-08-01 14:38|| Front Page Top

#6 Oops. Removed the 'dupe entry' from the title before seeing the comments.

Posted by Steve White 2011-08-01 16:29|| 2011-08-01 16:29|| Front Page Top

#7 Got Rolled I don't think so. Now here is a blast from the past Bill Clinton said "He pointed to an obscure provision in the 14th Amendment, saying he would unilaterally invoke it âwithout hesitationâ to raise the debt ceiling, âand force the courts to stop me.â That's where this idea came from I believe. So should the deal fall apart look for this back door. Goes back to Civil War era. Business as usual with current plan in my opinion. Boehner now is saying he has the votes. Filibuster possibly in the works.

Posted by Dale 2011-08-01 16:57|| 2011-08-01 16:57|| Front Page Top

#8 I think we got rolled.

If the automatic cuts go into effect, Defense has to shoulder some 50% of the cuts.

It's currently 20% of the budget.

And we're in five wars.

Posted by Thing From Snowy Mountain 2011-08-01 17:31|| 2011-08-01 17:31|| Front Page Top

#9 Well, four.

Posted by Thing From Snowy Mountain 2011-08-01 17:32|| 2011-08-01 17:32|| Front Page Top

#10 I believe military cuts are an easy target in this groups mind. Monday many in health care were up in arms "We know the [debt] deal will have an impact on Medicare pay to physicians," he said. "We're just not sure how large that impact will be."
It looks like health care is a prime target. People will just have to quit this profession. Education and the many costs of operating as an independent or in an association will be too daunting a task to manage. 70-80 hours a week for what. The government just cuts what they will pay for a service assuming abuse when you have over utilization. So you don't know week by week what you will be paid. Then the kicker rejected because you didn't provide correct information, please correct and resubmit. Other insurance programs fall in line so you can't go there.

Posted by Dale 2011-08-01 17:33|| 2011-08-01 17:33|| Front Page Top

#11 Looks like the health care people were correct "any cuts to Medicare would be capped and limited to the provider side".

Posted by Dale 2011-08-01 17:41|| 2011-08-01 17:41|| Front Page Top

#12 I think we got rolled.

Bingo! I think Congress owes us all dinner and flowers, because ...

Posted by CincinnatusChili 2011-08-01 19:51|| 2011-08-01 19:51|| Front Page Top

#13 The Political Class to the taxpayers:

"You might want to put some ice on that."

Posted by charger 2011-08-01 21:27|| 2011-08-01 21:27|| Front Page Top

#14 As per CNN + FOX PERTS, a DEBT DEAL THAT CLAIMS TO CUT US$2.4 TRILYUHN OER TEN YEARSS WHILE INCREASING SPENDING BY US$7-10 TRILYUHN ISN'T ACHIEVING, SOLVING, OR REDUCING ANYTHING.

As does a Debt Deal that seemingly "balances" Cuts wid Spending WHILE LEAVING THE ORIGINAL DEFICIT INTACT.

IMO, iff the above Perts are correct, THIS DEAL = "PLACEBO" UPON MAINSTREAM US VOTERS, + IS ABOUT GETTING POLITICOS PERSONALLY ELECTED OR RE-ELECTED COME 2012 US ELEX.

hence cometh ...

* PEOPLE'S DAILY FORUM > US HOUSE APPROVES BILL TO AVERT DEBT DEFAULT, via vote of 269-161.

* SAME > US DEBT CRISIS: DEBT DEAL REACHED BUT [Ratings] DOWNGRADE STILL ON WAY?

* SAME >US DEBT CRISIS: OBAMA"S SHARP RIGHT TURN, in favor of GOP-Right, Conservatives, + Tea Party???

* SAME > US ECONOMY: GDP GROWTH MUCH WEAKER THAN THOUGHT.

* BHARAT RAKSHAK > ANALYSTS: MASSIVE TAX INCREASES IN US LIKELY AFTER 2012 DESPITE DEBT DEAL.

* FREEREPUBLIC > EXPERTS SAY US COULD STILL LOSE AAA DEBT RATING.

AAA = AA, but wid "negative outlooks".

I could be wrong but IMO it strongly looks like POTUS BAMMER is gonna be getting some serious political US, International Lending heat for the next week or two, espec iff the rating goes down to AA???

Posted by Clart Jones4669 2011-08-01 21:54|| 2011-08-01 21:54|| Front Page Top

#15 Sorry, last Post is mine.

Posted by JosephMendiola 2011-08-01 21:55|| 2011-08-01 21:55|| Front Page Top

#16 I knew that...

Posted by tu3031 2011-08-01 21:57|| 2011-08-01 21:57|| Front Page Top

#17 whoa! no wayyyyy dude

Posted by Frank G 2011-08-01 22:16|| 2011-08-01 22:16|| Front Page Top

23:14 S
23:13 Procopius2k
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23:11 CrazyFool
23:10 S
22:55 swksvolFF
22:53 JosephMendiola
22:35 rammer
22:24 swksvolFF
22:16 Frank G
22:15 JosephMendiola
22:05 Elminesh Black1962
22:04 Chief
21:59 JosephMendiola
21:57 tu3031
21:55 JosephMendiola
21:54 Clart Jones4669
21:27 charger
21:21 charger
21:04 Mullah Richard
20:34 Rjschwarz
20:32 Unaviling Hitler3399
20:10 Frank G
19:59 SteveS