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Old 01-03-2013, 08:03 AM
 
Location: Tampa Florida
22,232 posts, read 16,832,805 times
Reputation: 4584

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The fight will start in earnest and will need a lot of people to exercise their voices in what needs to be done. First of all, make sure Congress allows for the payment of bills they rang up.

Matt Miller: Obama’s debt ceiling path to victory - The Washington Post
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Old 01-03-2013, 08:11 AM
 
Location: Great State of Texas
86,068 posts, read 79,464,031 times
Reputation: 27673
Yeah, it will be the same dance we had before. And they will wait until the last minute.
Little will get accomplished and the debt ceiling will be raised.

It's already happened twice before and I see nothing to make the next one any different.
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Old 01-03-2013, 09:33 AM
 
39,018 posts, read 21,192,874 times
Reputation: 18515
At some point Americans need to look at ourselves and wonder who we are put in place to lead us.

They can't get this stuff ironed out at one time? Really?? Follow the fiscal cliff with the debt ceiling a month later?

If you are just a person who simply follows the mainstream news, you have got to throw up your hands in frustration at all of this.

If your focus is beyond the news, then you understand these crises are necessary for the administration to pass legislation that normally would not see the light of day.
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Old 01-03-2013, 09:39 AM
NCN
 
Location: NC/SC Border Patrol
21,148 posts, read 23,876,397 times
Reputation: 23394
I hope we don't have to pay for more of Obama's pet projects with this next deal. When I heard that millions were being given to the movie industry and other pay backs that Obama had racked up it made me want to throw up. This man needs to be stopped and not by cutting any senior citizen benefits or military benefits. What needs to be cut is the expenses these people in D. C. rack up doing much of nothing. Cut out the money sent to other countries that use it to war against us and vacations for the first family. Nobody pays for my vacation. If they can't afford to pay for it; don't take it.

It is time for the last minute deals to stop. If they can't get together and work on things through a natural process, they don't need to be there. If the president refuses to deal and tries any more black mail on congress I hope they call his bluff. Maybe we need to know what it will be like when there can be no more borrowing; before it actually gets there.

I for one would like to see what the process would be like if we hit a ceiling and don't cave in. It would be interesting to see what is really necessary to keep this country going. I would think a lot less than what is being paid out.

We need the military to keep the country safe.
We don't need the postal service because we have UPS and FED EX.
No pork barrel is necessary just by the title.
No money sent to other countries. You cannot buy friends with borrowed money.
No money paid to anyone for not planting certain plants.
No farm pay outs. Let people pay for what they eat.

People who paid into SS and Medicare are entitled because they have already paid for it. Do the math!

It would really be nice to see our nation with a true free enterprise system in operation. Most of us would survive, probably not as well as we do now, but if it makes the country stronger, I would be willing to give it a try. Bail outs and spend outs have crippled our country. We don't even know how to operate without government anymore. Most government spending is not necessary. It is D. C. paying their friends with OUR money.

Last edited by NCN; 01-03-2013 at 10:05 AM..
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Old 01-03-2013, 09:40 AM
 
42,476 posts, read 23,322,744 times
Reputation: 9943
Quote:
Originally Posted by DRob4JC View Post
At some point Americans need to look at ourselves and wonder who we are put in place to lead us.

They can't get this stuff ironed out at one time? Really?? Follow the fiscal cliff with the debt ceiling a month later?

If you are just a person who simply follows the mainstream news, you have got to throw up your hands in frustration at all of this.

If your focus is beyond the news, then you understand these crises are necessary for the administration to pass legislation that normally would not see the light of day.
Yep, always notice how "It has to be done right now" or else.....how many times have we heard that over the last 4 years....
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Old 01-03-2013, 09:40 AM
 
Location: Great State of Texas
86,068 posts, read 79,464,031 times
Reputation: 27673
Quote:
Originally Posted by DRob4JC View Post
At some point Americans need to look at ourselves and wonder who we are put in place to lead us.

They can't get this stuff ironed out at one time? Really?? Follow the fiscal cliff with the debt ceiling a month later?

If you are just a person who simply follows the mainstream news, you have got to throw up your hands in frustration at all of this.

If your focus is beyond the news, then you understand these crises are necessary for the administration to pass legislation that normally would not see the light of day.
I see it. Smoke and mirrors is what it is and has been for the past couple of years.
National security issues...slam dunk with little debate and immediate vote.
Social issues..slam dunk with little debate and immediate vote.

Fiscal issues..wait unit the last minute so you can claim you had no time to work a viable solution.
Buy your votes with buried pork and pass a bill claiming bittersweet victory with promises to really work out a solution sometime down the road.
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Old 01-03-2013, 09:41 AM
 
105 posts, read 79,578 times
Reputation: 50
Quote:
Originally Posted by HappyTexan View Post
I see it. Smoke and mirrors is what it is and has been for the past couple of years.
National security issues...slam dunk with little debate and immediate vote.
Social issues..slam dunk with little debate and immediate vote.

Fiscal issues..wait unit the last minute so you can claim you had no time to work a viable solution.
Buy your votes with buried pork and pass a bill claiming bittersweet victory with promises to really work out a solution sometime down the road.
http://geekpolitics.com/obama-on-rai...-debt-ceiling/
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.
Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006
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Old 01-03-2013, 09:45 AM
 
Location: Great State of Texas
86,068 posts, read 79,464,031 times
Reputation: 27673
Quote:
Originally Posted by DanInTheCan View Post
Obama On Raising the Debt Ceiling
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.
Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.
Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006
Well I guess when you become the boss you see things differently don't you ?
This man lives for stimuluses which is nothing more than going deeper into debt for short term fiscal gratification. But once it wears off the masses want their next "fix".

And the masses are angry now with the FICA holiday expired so the WH better come up with something quick to keep their wallets happy.
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Old 01-03-2013, 09:47 AM
 
691 posts, read 729,342 times
Reputation: 286
The bills ARE being paid. There is no reason to raise the debt limit unless it is to finance NEW deficit spending. The Congress should not enact any laws that incur new debt. Obama needs to live within his means or cut back.


I want the government to go into default and China to refuse to loan Obama any more money.
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Old 01-03-2013, 09:47 AM
 
Location: Long Island, NY
19,790 posts, read 12,988,674 times
Reputation: 5651
Quote:
Originally Posted by ColonelStraker View Post
The bills ARE being paid. There is no reason to raise the debt limit unless it is to finance NEW deficit spending. The Congress should not enact any laws that incur new debt. Obama needs to live within his means or cut back.
Raising the debt ceiling should be a formality. Congress sets spending and revenues. If their spending exceeded revenues the only choice is to borrow the difference, as the money was already spent. Doing otherwise would be like buying a new car then refusing to pay the bill.

The "live within his means" means shows two fallacies. 1. That this is all Obama going on a spending spree, when it is really automatic programs that kick in during a ad economy.

2. That your are ok with immediately slashing a trillion in spending that would drive the economy into depression.
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