On Friday, my friend and colleague Peter Wehner wrote about the question of how the Republican Party can avoid a repeat of the fiscal cliff debacle in the upcoming months as a new deadline for raising the debt ceiling looms. Throughout the last few weeks, Pete has been spot-on in his analysis of what he rightly called the Republicans’ “losing hand” as President Obama and the Democrats forced them to accept a terrible fiscal cliff deal. Though some think the debt ceiling discussion will be very different from the cliff debate, Pete fears the GOP is headed
If the feral gov.net House would shut off the obscene stream of money the wh resident bath house queen Ø´blo the blamer and it´s mate sasquatch blatantly squander that would "hep" stop the hemorrhage of taxplayer blood we suffer.
Gingrich raised something on Meet the Press that gave me pause. What, exactly, are the consequences of not raising the debt ceiling? Newt hinted that it would automatically trigger international consequences, and suggested that the fight be over CRs (continuing resolutions) and sequestration instead.
Can anyone shed some light on the consequences of capping the debt ceiling and our ability to pay interest on current debt? Newt hinted that the debt ceiling did not impact future debt. What´s the deal here?
*sigh* What´s with all this denial? Of course they´ll surrender. They´re officially the party of surrender. They make the French look like ancient Sparta. There´s no more conservatives in D.C and if there are...they´re locked in the bathroom.
Unfortunately the Republicans are always going to be at a disadvantage no matter how right they are, because no matter what, the liberal media will always have Obama´s back.
The liberal media could really care less about the financial situation in the country or the state of the economy, as they are pretty much insulated from those factors, and every-time an election comes up they will pocket about as much money from the Republicans as they do from the Democrats just on campaign spots alone.
The current debt is already too high. The debt ceiling should not be raised. Spending should be reduced to the level of current income NOW. If the debt ceiling is raised this irresponsible behaviour could cause another downgrade of the national credit rating. This in turn can start a rise in interest rates. The Fed has held interest rates at zero for a long time. This cannot continue. Even a small rate on this huge debt is big money and that has to be paid as part of the debt. It can very quickly take up all the revenue to the treasury. There will never be formal default. It is unthinkable. We already have default by inflation. This will grow into hyper inflation. The currency becomes worthless. Check the internet for pictures of the Zimbabwe 100 Trillion Dollar Bank notes that were printed as currency! The old debt incurred when money was worth something is paid off with worthless future dollars. These should have the face of Obama printed on them! Everybody has the value of their savings, wealth, and retirement wiped out.
Everyone on here needs to get a twitter account and hammer back at the LSM who will be battering all of us when the battle really heats up. You can go to their individual accounts and yell back in real time.
btw, fta, "There is, he writes, no alternative but to patiently wait for the inevitable moment when the public tires of Obamaism. ´ Tobin is quoting Wehner. And is Wehner on drugs or what? He thinks the Democrats will not have a new error to propose? Is he mad? Did it work, waiting for the Russians to get tired of Stalin? Viewers to get tired of Madonna? No, the performers think of something new. Waiting for the public to Tire of this Nonsense is just fancy words to rationalize being tired and wanting to stop fighting. Don´t.
SECAUCUS, N.J. -- Forget about setting up those kegs or buffet tables in the parking lot before this season´s Super Bowl at MetLife Stadium. There will be no tailgating, according to the game´s committee CEO, Al Kelly. "You will be allowed to have food in your car and have drink in your car," Kelly said. "And provided you´re in the boundaries of a single parking space, you´ll be able to eat or drink right next to your car. However, you´re not going to be able to take out a lounge chair, you´re not going to be able to take out
One of Congress‘ staunchest critics of Obamacare released a report Monday that cheers on legal challenges to the overhaul and says the White House overstepped its authority by delaying aspects of the law. Sen. Ted Cruz, Texas Republican who helped engineer a lengthy government funding stalemate earlier this year in a bid to block money for the new health care law, said many aspects of the Affordable Care Act are “constitutionally or statutorily suspect” and that the entire law should be repealed. While a repeal is unlikely so long as Democrats control the Senate and White House, Mr. Cruz said
The nation’s new health-care law says insurers can’t turn anyone away, even people who are sick. But some companies, patient advocates say, have found a way to discourage the chronically ill from enrolling in their plans: offer drug coverage too skimpy for those with expensive conditions. Some plans sold on the online insurance exchanges, for instance, don’t cover key medications for HIV, or they require patients to pay as much as 50 percent of the cost per prescription in co-insurance — sometimes more than $1,000 a month. “The fear is that they are putting discriminatory plan designs into place to
There’s nothing like a communal flight with the current president of the United States and his predecessor to make the press miss the days of a communicative commander in chief. George W. and Laura Bush joined the Obamas on Air Force One en route to Johannesburg, South Africa, for a Nelson Mandela memorial service. Hillary Clinton was also on board, with Bill and Chelsea coming to the service from a Clinton Global Initiative event in Rio. The Obamas have stayed in their cabin for the flight, according to the White House pool report from the refueling stop in Senegal, while
The raft of stories over the last week, the latest being today’s piece in Business Insider, about Democratic Party infighting has nicely illustrated something conservatives have known for a while. Complaints over the last few years about the GOP being pulled to the right by conservatives were not about liberals’ desire to meet in the middle and compromise, no matter how much they might decry the supposed extremist drift of the right. What they wanted was their very own Tea Party. It was the same with Occupy Wall Street: the pseudoanarchist gatherings were far more violent than Tea Party protests
The federal government announced today that it has sold the last of its General Motors stock, about 31.1 million shares or 2 percent of the company, ultimately losing about $10.5 billion on the original investment. The government once owned 912 million shares, or 60.8 percent of GM, which it received in return for the $49.5 billion bailout given to the auto manufacturer during the financial crisis of 2008–09. GM’s stock rose about 1.8 percent, or 73 cents, on the news today. GM’s North American president, Mark Reuss, said that he expects GM sales, especially of pickup trucks, to rise once
House and Senate negotiators were putting the finishing touches Sunday on what would be the first successful budget accord since 2011, when the battle over a soaring national debt first paralyzed Washington. The deal expected to be sealed this week on Capitol Hill would not significantly reduce the debt, now $17.3 trillion and rising. It would not close corporate tax loopholes or reform expensive health-care and retirement programs. It would not even fully replace sharp spending cuts known as the sequester, the negotiators’ primary target. After more than two years of constant crisis, the emerging agreement amounts to little more
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
How do you get your arms around the catastrophe known as Obamacare? Is it even possible? At this point, I’m not sure it is. The list of individual disasters which threaten to ruin one-sixth of the U.S. economy and what has been, up until now, the best healthcare system in the world is exhaustive, and exhausting. The examples I will identify here barely scratch the surface. First but by no means foremost, we have the supposedly new and improved HealthCare.gov. Except it’s not, even the visible part. Stories still abound of people still failing to get in or to get through the enrollment
The National Highway Traffic Safety Administration has announced a new five-year strategic plan to improve safety for elderly drivers and passengers. Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group´s numbers of injuries and deaths. Since 2003, the population of older adults, defined as age 65 and older, has increased by 20% and the number of licensed older drivers increased by 21% to 35 million in 2012, according to NHTSA. Last year, NHTSA reported that 5,560 people older than 65 died and 214,000 were injured
A veteran Washington adviser who has worked for four Presidents on both sides of the political aisle said that the stunning Government Accountability Report report that found President Barack Obama has not had a one-on-one meeting with Health and Human Services Secretary Kathleen Sebelius since the passage of Obamacare over three years ago is an indictment of the entire White House operation and shows that the Obama administration has bordered on "malfeasance." "I have no doubt the White House is right, that Secretary Sebelius was in several group meetings with the president about health care," Gergen caveated, "but the whole
President Barack Obama’s Facebook page on Saturday posted a message honoring the dead from Pearl Harbor—accompanied by a picture of Obama descending the stairs next to the Pearl Harbor Memorial. The picture barely fits the name of the Arizona Memorial so it can frame Obama in the foreground. The post´s statement reads: Today, with solemn pride and reverence, let us remember those who fought and died at Pearl Harbor, acknowledge everyone who carried their legacy forward, and reaffirm our commitment to upholding the ideals for which they served. President Obama The Obama Administration´s current shipbuilding plan shrinks the size of
Barack Obama did not tell the whole story this autumn when he tried to make the case that Bashar al-Assad was responsible for the chemical weapons attack near Damascus on 21 August. In some instances, he omitted important intelligence, and in others he presented assumptions as facts. Most significant, he failed to acknowledge something known to the US intelligence community: that the Syrian army is not the only party in the country’s civil war with access to sarin, the nerve agent that a UN study concluded – without assessing responsibility – had been used in the rocket attack. In the months before the attack,
Dr. Ezekiel Emanuel, the hapless, goalpost-shifting so-called "architect" of Obamacare, told Fox News´ Chris Wallace on Fox News Sunday that President Barack Obama´s promise "if you like your doctor, you can keep your doctor" was absolutely true--with one important caveat: if you like your doctor, "you can pay for it." Wallace grilled Dr. Emanuel, challenging his false claims that California´s enrollment was keeping pace with the percentage of the young population necessary to keep the system afloat, and pointing out that the president´s promise on doctors would collapse once people lost their insurance or their