US leaders seeking a budget compromise that would avoid a default have no need for outside lectures, German Finance Minister Wolfgang Schaeuble said late Friday. "They don’t need a lecture. They just need the force to come to an agreement," Schaeuble said at a news briefing after a finance meeting of the world´s major economies in Washington. Speaking after the Group of 20 issued a statement calling for the US to take "urgent action to address short-term fiscal uncertainties," the German finance minister echoed other officials´ concerns about a default if the gridlocked Congress fails to lift the $16.7 trillion
Sufficient revenue is sent to DC daily to cover the debt interest and mandatory payments. There should never be a reason for default. Why borrow to give to other countries when those funds are usually taken by their corrupt governments and never reach the people. I do not know whose idea it was that the USA has to dole out allowances to everybody else. Look what the muslim jihadist are doing in Kenya where hussein obama has sent billions, or to Venezuela, to Egypt or to supply the jihadist muslims in their attempt to take over Syria. All done for the sake of the Saudis so they can drive their Rolls encrusted with gold and diamonds. Then allow their home grown terrorist to attack us.
Why are posters taking shots at Schäuble? What he said was very respectful. And he´s a conservative, folks -- at least, relatively speaking. He´s among the few German politicians who have seen through Obama and publicly criticized him.
A lecture is the last thing that spendthrift leaders using made-up money need since the lecture has not worked. As soon as the debt limit is raised, most democrat fools (but I repeat myself) have lists of new spending to satisfy greedy redistribution-seeking moochers. So, rather than a lecture, perhaps we could inquire as to the availability of the old French guillotines in storage. We could find a good use for them, and it´s not all bad for democrats since even the guillotined will likely still have their votes counted in our fraud-ready voting setup.
Thank you, Minister Schaeuble. There´s a very good reason we have budget battles. We presently have a deeply divided nation --- as divided as it´s been in 150 years --- and that is reflected in our representative government and its daily work. Look for it to continue.
Rep. Paul Ryan (R-WI), chair of the House Budget Committee, told conservative talk radio host Charlie Sykes Monday morning that House Republicans had demanded a one-year delay in Obamacare´s individual mandate, along with an end to congressional exemptions, while offering a six-week debt ceiling hike to allow room for negotiations on broader budget issues. The offer was made to President Barack Obama last Thursday. President Obama, said Ryan, listened but declined to respond. In the meantime, Ryan said, it became clear the president was negotiating separately to obtain more favorable terms from Senate Republicans, trying to "jam" the House Republicans
Former White House Press Secretary Robert Gibbs said Monday that people should be fired over the botched rollout of ObamaCare´s new insurance exchanges. "I hope they´re working day and night to get this done. And when they get it fixed, I hope they fire some people that were in charge of making sure that this thing was supposed to work," Gibbs said on MSNBC. "We knew there were going to be some glitches, but these are glitches that go way beyond the pale of what should be expected." Gibbs, formerly one of Obama´s top advisers, said the problems with healthcare.gov
President Obama will meet top congressional leaders on Monday at the White House amid signs that senators could be nearing a deal to end the government shutdown and raise the debt ceiling. Obama will meet with House Speaker John Boehner (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), Senate Majority Leader Harry Reid (D-Nev.) and Senate Minority Leader Mitch McConnell (R-Ky.) at 3 p.m., a White House official said. Vice President Biden will attend as well. Reid and McConnell, who took the reins of the fiscal talks over the weekend, huddled for 30 minutes on Monday morning.
From Silicon Valley to Wall Street, simplicity is the new watchword. Books with titles like "Simple: Conquering the Crisis of Complexity" and "The Laws of Simplicity" are must reading in boardrooms. (Snip) The Government Accountability Office last year calculated that for the IRS alone, implementing ObamaCare would be a "massive undertaking that involves 47 different statutory provisions and extensive coordination." Among them: "disclosure of taxpayer information for determining subsidy eligibility," "drug manufacturer tax" and "high-cost health plan tax." Senate staffers created a mind-boggling graphic showing ObamaCare´s various agencies and regulators, which can be viewed at http://1.usa.gov/acamess
The Republicans´ obsession with Obamacare has been variously described as a tactical ploy to preserve the semblance of unity in a divided party or as a fundraising magnet to raise money from the sort of folks who think President Obama is a reincarnation of Lenin. It may be either (or both). (Snip) Focusing on Obamacare in general, and mandatory coverage in particular, could prove a plausible strategy for broadening the anti-Obama coalition to include voters in their 20s and 30s by bringing attention to what economists call the "cross-subsidy" inherent in any insurance system based on mandatory coverage.
California is spending nearly $15 million to build 10 hydrogen fueling stations, even though just 227 hydrogen-powered vehicles exist in the state today. (Snip) The project is part of a sprawling but little-known state program that packs a powerful financial punch: It spent $1.6 billion last year on a myriad of energy-efficiency and alternative-energy projects. Even as California has scaled back education, law enforcement and assistance to the disabled in this era of financial stress, the energy program has continued unrestrained and is expected to grow significantly in coming years. State agencies have invested in milk trucks that run on
Buenos Aires - Argentina is studying authorizing crude imports from Nigeria to help counter a long decline in oil and natural gas output that has hurt its trade balance, two newspapers reported on Saturday, both citing an anonymous source with knowledge of the matter. South America´s No. 2 economy has tough import barriers and strict currency controls meant to stem capital flight, making it tricky for oil companies to meet their needs.(Snip)The plan under analysis mulls establishing a quota system to permit imports of Nigerian Bonny Light crude oil, daily La Nacion reported. Argentina, estimated to hold 802 trillion cubic
The US shale gas boom will spread "far and wide," the head of Saudi Aramco said Monday, announcing the state oil giant was set to supply gas to a massive Saudi power plant project. The world´s largest oil exporter launched an unconventional gas program in northern Saudi Arabia two years ago, as it sought alternative domestic fuel supplies that would allow an expansion of lucrative oil exports. (Snip) Oil Minister Ali Naimi estimated in March that Saudi Arabia had 600 trillion cubic feet of technically recoverable shale gas. With domestic energy consumption rising, Saudi Arabia has less oil available for
Pope Francis will make his first visit to Israel in March. The pope told his close friend, Argentinian Rabbi Abraham Skorka, of his lifelong dream to visit the Holy Land, and of his intentions to visit Israel and Bethlehem, Channel 2 reported on Sunday. Skorka is expected to join Pope Francis on his visit. According to Channel 2, the pope hopes his visit will bring a message of reconciliation. He dreams of embracing Rabbi Skorka in front of the Western Wall, in order to send out a message against anti-Semitism. Last week, Knesset Speaker Yuli Edelstein visited the Vatican and
Iran´s Jewish community has called on US President Barack Obama to seize an "unrepeatable" opportunity to mend ties with Tehran following Iranian President Hassan Rouhani´s overtures to the US, AFP reported on Sunday. "If the US and the international community do not make the best of this golden and perhaps unrepeatable opportunity, then it will be in the benefit of those who are against the normalization of ties between Iran and the US," the head of the Jewish community in Tehran wrote in an open letter to the US president. Homayoun Sameyah Najaf Abady also rejected the suggestion made by
London-U.S. Secretary of State John Kerry says the window for diplomacy with Iran over its nuclear program is "cracking open," but that "no deal is better than a bad deal." Kerry made the comments in a speech Sunday via satellite from London to a foreign policy conference in California by the American Israel Public Affairs Committee, the most powerful pro-Israel lobbying organization in the United States. (Snip) The focus on Iran´s number program comes before the start of negotiations between the Islamic Republic and the five permanent U.N. Security Council members and Germany that are set for Tuesday and Wednesday
It is feared a deadly drug known as ´cannibal heroin´ which eats flesh from the inside out is about to hit the UK. Krokodil, which is like heroin and originated in Russia 10 years ago, turns users into zombies as their bodies begin to rot leaving addicts with reptilian skin. (Snip) In Russia around 30,000 people die from the affects of the drug every year yet it is thought about a quarter of a million people in the country are now hooked on the poison. Addiction is spreading among young people and even those who manage to quit come away
Every week during halftime of Sunday Night Football, Bob Costas gets to recite a personal essay about whatever hot topic strikes his fancy. This Sunday he chose the Redskins name, and spent a few minutes offering his commentary on the subject. Here is his statement in full. With Washington playing Dallas here tonight, it seems like an appropriate time to acknowledge the ongoing controversy about the name, “Redskins.” Let’s start here: there’s no reason to believe that owner Daniel Snyder, or any official or player from his team, harbors animus towards Native Americans, or chooses to disrespect them. This is
The rights of a transgendered Colorado high school student are being put ahead of girls the boy harasses in the girls bathroom. A male student at Florence (CO) High School who claims to be transgendered has caused controversy by harassing female students in the girls room, but will not face any discipline – this despite vocal protests from the girls’ parents. ‘The boy’s rights as a transgender trump their daughters’ privacy rights,’ the school has told concerned parents, according to CBN. Unidentified because all involved are minors, the students are being threatened with removal from sports teams or even hate crime charges
The Los Angeles Times headline said it all: "Rep. Paul Ryan Fails to Close Republican Divide." When this became Ryan´s job, or whether his now "controversial" Wall Street Journal op-ed was even an attempt at doing that, is anyone´s guess. But once again, Republicans have decided to cannibalize themselves viciously and needlessly instead of uniting over common goals. To be clear, the divide on the right isn´t over policy. No Republican I´ve met thinks Obamacare is good legislation. No one is suggesting capitulation on the debt ceiling. Everyone wants spending cuts, entitlement reform and deficit reduction. Where we´re divided is over tactics. Incidentally, Ryan
It’s a buyer’s market for President Barack Obama. With House and Senate Republicans preparing competing proposals to end the government shutdown and avert a default on the nation’s debt, Obama hasn’t shown any inclination to jump at the first offer. The plan House Republicans presented to the White House on Thursday night wasn’t enticing enough, and there is a sense in Washington that the GOP’s scramble to avoid further political pain from this latest fiscal crisis will give Obama plenty of opportunity to define the terms of a settlement. At this point, White House officials won’t even describe
Ted Cruz’s “aw shucks” act is wearing thin. The Republican senator from Texas likes to pretend he is above the fray of Washington bickering, focused on large issues and too big to engage character assassination. But the reality is that Cruz is the Republican king of nasty attacks. He explodes rhetorical nuclear bombs on his opponents, only to feign outrage when his victims respond in kind, or in many cases, with relative spitballs. Take his defund Obamacare effort. The tactic to eliminate President Obama’s health care law had zero prospect of success, which Cruz undoubtedly knew despite what he sold the conservative
When I have described the well-considered, coherent political and economic strategies of the conservative white South, as I have done here, here and here, I am sometimes been accused of being a “conspiracy theorist.” But one need not believe that white-hooded Dragons and Wizards are secretly coordinating the actions of Southern conservative politicians from a bunker underneath Stone Mountain in Georgia to believe that a number of contemporary policies — from race-to-the-bottom economic policies to voter disfranchisement and attempts to decentralize or privatize federal social insurance entitlements — serve the interests of those who promote them, who tend to be
Boston – A possible glitch in a computer system upgrade was causing major problems nationwide with the Electronic Benefits Transfer System on Saturday, as a countless number of shoppers found themselves stranded at the register. Reports from around the country began pouring in around 9 a.m. on Saturday that customers’ EBT cards were not working in stores. The glitch, however, did not appear to be part of the government shutdown. At 2 p.m., an EBT customer service representative told CBS Boston that the system was currently down for a computer system upgrade. The representative said the glitch is affecting people
HONOLULU — A unit of the U.S. Department of Defense has been holding so-called "arrival ceremonies" for seven years, with an honor guard carrying flag-draped coffins off of a cargo plane as though they held the remains of missing American service men and women returning that day from old battlefields. After NBC News raised questions about the arrival ceremonies, the Pentagon acknowledged Wednesday that no honored dead were in fact arriving, and that the planes used in the ceremonies often couldn´t even fly but were towed into position. The solemn ceremonies at a military base in Hawaii are a sign of the
Sens. Ted Cruz (R-Texas) and Mike Lee (R-Utah) and former Alaska Gov. Sarah Palin (R) attended a rally protesting the closure of the World War II Memorial, according to reports. The lawmakers and the former governor – and 2008 GOP vice-presidential nominee – joined a crowd that removed barricades at the memorial and chanted “tear down these walls,” according to Washington, D.C., radio station WTOP. (Snip) The presence of a Confederate flag at the protest, which later moved to the White House, sparked an uproar on Twitter.
WASHINGTON — In March, Henry Chao, the chief digital architect for the Obama administration’s new online insurance marketplace, told industry executives that he was deeply worried about the Web site’s debut. “Let’s just make sure it’s not a third-world experience,” he told them. Two weeks after the rollout, few would say his hopes were realized. For the past 12 days, a system costing more than $400 million and billed as a one-stop click-and-go hub for citizens seeking health insurance has thwarted the efforts of millions to simply log in. The growing national outcry has deeply embarrassed the White House, which
As the government shutdown enters a third week, a group of veterans and tea party groups protested their anger by storming the World War II memorial in Washington, DC. The protest Sunday started at the World War II memorial before moving to the National Mall and eventually winding up outside the White House. ´Tear down these walls,´ the crowd chanted. Protesters also sang ´God bless America´ and other patriotic songs as they entered the memorial plaza. The memorial has become a political symbol in the bitter fight between Democrats and Republicans over who is at fault since the shutdown began. Earlier rallies have
As Cory Booker looks set to win the junior Senate seat in New Jersey Wednesday, his supposed neighbors in Newark say Mayor Booker doesn’t live in the Gateway City. Multiple residents of Newark told The Daily Caller that the longtime mayor doesn’t live at any of the addresses he has claimed as home. The mayor is believed to live in New York even though he is registered to run for New Jersey’s special senate election. Booker, who filed to run for the U.S. Senate from a B.O. Box in Newark, is registered to vote at 435 Hawthorne Avenue but his