Welcome to Bizarro Amerika!
January 27, 2026, 03:58:50 am
Welcome, Guest. Please login or register.

Login with username, password and session length
News: THE ONLY POLITICAL FORUM OUT THERE WHOSE ADMIN AND MODS DON'T LIE.
 
  Home   Forum   Help Search Arcade Gallery Links Staff List Calendar Login Register  

Raising The Debt Limit

Pages: [1] 2 3 4   Go Down
  Print  
Author Topic: Raising The Debt Limit  (Read 4343 times)
0 Members and 4 Guests are viewing this topic.
Howey
Administrator
Noob
*****

Karma: +693/-2
Offline Offline

Posts: 9436



View Profile
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« on: July 12, 2011, 10:22:41 am »

This topic has beckome so crazy it needs a specific thread...

http://msnbcmob.rd.llnwd.net/video/mobile/n_maddow_karma_110711.mov?n=26548304

Aside from the fact that Republicans got us in this mess, why not do as has been before
Report Spam   Logged

Share on Bluesky Share on Facebook

uselesslegs
Noob
*

Karma: +390/-1
Offline Offline

Posts: 1601



View Profile
Badges: (View All)
Fifth year Anniversary Level 5 Fourth year Anniversary
« Reply #1 on: July 12, 2011, 12:57:27 pm »

This is ALL about one thing...making Obama a one term President.  This particular go round is some candy flinging for the tea baggers, but...it still serves the purpose of slowing any and all recovery.  They're taking a real chance that everything up to this point will be shot in the foot if they come out looking bad...but I figure...they're all in at this point...all or nothing at all.

In opposite world, this might have actually been an issue raised by Dems, had McCain won...but I doubt it would have been the carnival that the GOP, hen pecked by the baggers, would have put on.  Which ever way this goes finally...it all comes back to political theater for making Obama a one termer.
Report Spam   Logged
betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #2 on: July 12, 2011, 03:38:17 pm »

This is ALL about one thing...making Obama a one term President....it all comes back to political theater for making Obama a one termer.

really...

i'm sure obama's ego is big enough to believe that...but you...really ?

some would think obama's done that to himself and needs no real help in losing the next vote...

others think this debt limit shit is to break the backs of those that we are indebted too...

while a few believe its just a cycle...that started in the thirties...repeated in the late seventies,early eighties...

and now here we are 35 years later doing it again...me...idk

only difference this go around is we have, so far, the internet...

Report Spam   Logged

Howey
Administrator
Noob
*****

Karma: +693/-2
Offline Offline

Posts: 9436



View Profile
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« Reply #3 on: July 12, 2011, 03:52:06 pm »

really...

i'm sure obama's ego is big enough to believe that...but you...really ?

some would think obama's done that to himself and needs no real help in losing the next vote...

others think this debt limit shit is to break the backs of those that we are indebted too...

while a few believe its just a cycle...that started in the thirties...repeated in the late seventies,early eighties...

and now here we are 35 years later doing it again...me...idk

only difference this go around is we have, so far, the internet...



How big are the egos of Mitch McConnell and Rick Cantor, just two of the many Republicans who've been quoted as specifically saying the goal is to ensure Obama only serves one term?

Do you have a credit card?
Report Spam   Logged

betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #4 on: July 12, 2011, 04:23:30 pm »

How big are the egos of Mitch McConnell and Rick Cantor, just two of the many Republicans who've been quoted as specifically saying the goal is to ensure Obama only serves one term?

Do you have a credit card?

no...i do not have a credit card

also...is that their goal or the goal of the competition...

and where does the population fit in on the goal...?

are we even considered...or is our way of life a concern to them at all ?

and by them...i mean either party...
Report Spam   Logged

Howey
Administrator
Noob
*****

Karma: +693/-2
Offline Offline

Posts: 9436



View Profile
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« Reply #5 on: July 12, 2011, 08:12:23 pm »

You gotta love the huge headline on Drudge.

OBAMA THREATENS TO HOLD BACK SOCIAL SECURITY CHECKS

Yeah. Fuckin duh. That's what happens when you refuse to pay back the investors...
Report Spam   Logged

Howey
Administrator
Noob
*****

Karma: +693/-2
Offline Offline

Posts: 9436



View Profile
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« Reply #6 on: July 12, 2011, 08:25:25 pm »

no...i do not have a credit card

Well, if you did...you'd know that you have borrowed money in advance to purchase goods. Money loaned at a low interest rate.

If you don't pay back the loan on time, I'm not saying default, I'm saying not paying the loan on time, what interest rate do you think you'll be charged, if you can get the loan, that is...
Report Spam   Logged

betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #7 on: July 12, 2011, 08:33:10 pm »

http://www.usatoday.com/news/washington/2010-08-30-1Asafetynet30_ST_N.htm

http://www.ssa.gov/policy/docs/quickfacts/stat_snapshot/


one in five or six are on the take....

not including unemployement stats

ten percent unemployement give or take a smidge...now is that ten percent of the working able ?

or ten percent of the country per capita...idk...either way...its still not a big enough number to counter balance the scale...is it ?

this country is upside down...same as with the politicians...they are backwards...everyone wants to keep their share...

when its not their share...its our share...for them to do with what is right and just for our interests...but for some reason...

we don't care as long as we have tv, entertainment, fast fake food...and some one selling us shit we don't need...

well...2012 is just around the corner...and the way shit is lining up...something drastic is bound to happen.
Report Spam   Logged

betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #8 on: July 12, 2011, 08:38:28 pm »

Well, if you did...you'd know that you have borrowed money in advance to purchase goods. Money loaned at a low interest rate.

If you don't pay back the loan on time, I'm not saying default, I'm saying not paying the loan on time, what interest rate do you think you'll be charged, if you can get the loan, that is...

because i choose not to have a credit card doesn't mean i don't understand credit and the system in which it works...

and whats the reason behind purchasing goods with borrowed money ?...necessity or want ?
Report Spam   Logged

uselesslegs
Noob
*

Karma: +390/-1
Offline Offline

Posts: 1601



View Profile
Badges: (View All)
Fifth year Anniversary Level 5 Fourth year Anniversary
« Reply #9 on: July 12, 2011, 08:53:14 pm »

As far as I can tell, blind ideology doesn't have constituents, until you need them every few years to keep your job.  Otherwise, they're silly little people that get in the way of business...political and otherwise.  You throw your district a bone once in awhile...smile...and go back to playing the game of king of the mountain.

This stopped being about compromise and what's the overall good for the majority...the second the last legs were kicked out of our protections from predatory capitalism...and a free market that justifies the American dream of having a job and just being part of the equation...was for sell to the lowest bidder.

The evidence is all around us.  If you want to make money, don't invest here anymore...invest abroad.  Don't invest in people...the return isn't as much as you can get from the paper game and manipulating markets.  There's been a game that's been played since our inception as a country.  The game consists of the few, versus everyone else.  And every so often the few arrange for the deck to be stacked in their favor and every so often we reach a tipping point that tanks our country because the few are convinced they deserve to unbalance the economy for their personal gain...country and citizens be damned.  It's their "right" as American capitalists.  

There is no perfect calculation...there is no magical zone that exists where the rich can be unimaginably wealthy and everything else if fine.  Yin and Yang exist, even for the economy.  There is, however, a middle ground that sorta let's both exist...but neither may see their ultimate personal vision, whatever that entails (mundane or extravagant)...but the rich don't stop being rich...they may just not be King Solomon rich and everyone else may not get that robot butler they wanted...but they're happy they can afford to pay their bills, send their children to school, have medical care and be productive.

There has never been a time in our history that the wealthy did not exist...even under the 90 percent tax.  They remained rich.  They remained more wealthy than the majority of the country.  Our economy, in all it's up and downs, never saw the rich become extinct.  We have seen everyone else suffer horribly on occasion though through this game.

They are/were *THIS* close to seeing the deck stacked completely again in their favor...and Obama (while much more bi-partisan than anyone anticipated) represents probably the one singular entity that can back track or undue the 30 year plus trek to this point in time.  Sooooo close, so so close.  They can't risk he'll flex or bow up during his last 4 years should he see another term...he's gotta go.  If that means you purposely tank the job market or hinder it's growth and create a gazillion non-economy based social issues along the way...so be it.  Whatever keeps your eyes on the prize and eliminates one of the few sources that can derail the game.
Report Spam   Logged
ekg
Administrator
Noob
*****

Karma: +335/-10
Offline Offline

Posts: 4094


http://www.thevsj.com


View Profile WWW
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« Reply #10 on: July 12, 2011, 08:54:30 pm »

really...

i'm sure obama's ego is big enough to believe that...but you...really ?

some would think obama's done that to himself and needs no real help in losing the next vote...

others think this debt limit shit is to break the backs of those that we are indebted too...

while a few believe its just a cycle...that started in the thirties...repeated in the late seventies,early eighties...

and now here we are 35 years later doing it again...me...idk

only difference this go around is we have, so far, the internet...



I think when you ask for double the amount of cuts that they were asking for (from 2 trillion to 4 trillion) and say you're happy to do  the cutting if they'll just close enough loop holes for oil companies and private jet owners to the tune of a meager $750 Billion in tax raises.. plus allow the Bush tax cut to expire in a cpl years.. and the answer you get is a resounding NO we won't budge an inch! It's pretty clear who's banking on what to happen and why..

The question you have to ask yourself isn't isn't how can you believe this.. it's how can you NOT believe it?


Quote
First, he wants to get rid of some corporate tax breaks enjoyed by oil and gas companies as well as buyers of corporate jets. Together, those changes might generate close to $50 billion in revenue over 10 years. He also wants to restore some Bush-era tax rates for high-income households -- a move that could raise roughly $700 billion over a decade. The Bush tax cuts are set to expire at the end of 2012.

In other words, roughly $750 billion in revenue raisers out of what the president hopes will be a $4 trillion package

http://money.cnn.com/2011/07/12/news/economy/debt_ceiling_deal_obama/index.htm?iid=HP_LN&hpt=hp_t1

with all the 'our priority is to make him a one term president' and the absolute foot in every door stopping everything and/or anything from letting this country progress instead of regress, then how is it even a question anymore?
Report Spam   Logged

Facts are the center. We don’t pretend that certain facts are in dispute to give the appearance of fairness to people who don’t believe them.  Balance is irrelevant to me.  It doesn’t have anything to do with truth, logic or reality. ~Charlie Skinner (the Newsroom)
ekg
Administrator
Noob
*****

Karma: +335/-10
Offline Offline

Posts: 4094


http://www.thevsj.com


View Profile WWW
Badges: (View All)
Tenth year Anniversary Nineth year Anniversary Eighth year Anniversary
« Reply #11 on: July 12, 2011, 09:11:41 pm »

 If that means you purposely tank the job market or hinder it's growth and create a gazillion non-economy based social issues along the way...so be it.  Whatever keeps your eyes on the prize and eliminates one of the few sources that can derail the game.


exactly..

it's all a game of chess, we all know this.. right now, it's kinda like chess and 'chicken' combined.. there's one or two more plays and checkmate is going to be shouted... but there's a 'chicken' match going on at the same time.. how far do we let it all ride? do we take it to the end and let the country default? or do we do what the 14th says and Obama pay the debts the way the constitution says he has to? who is going to blink fist?

Obama, for his part is doing everything he can to make them blink.. They ask for $2 trillion in spending cuts, he gives them $4 Trillion and promises those will be SS and medicare cuts.. AND he even say we're not going to raise a single penny on taxes now, we'll hold off until 2013.. and the ones who we're going to raise them on? They are oil conglomerates who know how to work  the system and will wind up getting more money back than what they pay when the loophole is closed.. and yet, they still say no.. after the spending and raises by these same exact people when it was Bush, how is there any question of their goal now?

Obama's doing everything he can to make them blink.. but he doesn't see that they've welded their eyes open and cut their lid off so that they will never blink..because the only priority today is to make sure he is a one-term president..  and in not seeing that, Obama will risk his office by turning against his party even more in the hopes of again, making the other side blink.. but they won't, so he will have to.. and then Michelle Bachmann becomes our President and we can watch how taxes on everyone BUT the rich are raised, how the debt ceiling and/or budget are no longer issues to worry about..because all will be paid for with the funds that used to pay for the EPA, SS/Medicare,FEMA and any number of other commie programs..
Report Spam   Logged

Facts are the center. We don’t pretend that certain facts are in dispute to give the appearance of fairness to people who don’t believe them.  Balance is irrelevant to me.  It doesn’t have anything to do with truth, logic or reality. ~Charlie Skinner (the Newsroom)
betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #12 on: July 12, 2011, 09:22:24 pm »

playing the some what part of lil mike is gonna be tough...

usingyourleggsless...excellent post...

and i agree...the game is...figure out how you can....and do it...for everyone

educate yourself however you choose...thats the individual...

i suppose nixon is credited with opening up markets with communist nation for public and private gain...

but for whatever and whoever the reason...whichever committee sanctioned to rule...allowed

business the advantage of finding cheaper labor for product production...outsourcing...

and pumped up the american conception of mass consumption...the money they saved

was able to be reinvested back into advertising to move more product...thusly

devalueing the american workers earning potential...through in a lil nafta...and fuck...

don't even look a nato...shit...somewhere sometime it was decided we go global...

and that only hurt the average american...oh well...whats done is done...and i see

no change in the future...considering obama had control over the house or something for

his first two years and couldn't acomplish shit...wtf...oh...we stayed engaged in miltary actions too...

fucking insanity
Report Spam   Logged

uselesslegs
Noob
*

Karma: +390/-1
Offline Offline

Posts: 1601



View Profile
Badges: (View All)
Fifth year Anniversary Level 5 Fourth year Anniversary
« Reply #13 on: July 12, 2011, 09:27:03 pm »

Good reply and I agree, insanity all around.  Everything, as you noted in a round about way, has a potential or definite consequence.  We opened trade relations and only the savvy knew what was probably coming.  Nafta was not a shining moment for Clinton.  The intention was right, but the reality of what would and did happen f'ed us in more ways than one.
Report Spam   Logged
betteroffhere
Founding Member
Noob
******

Karma: +25/-11
Offline Offline

Posts: 1139



View Profile
Badges: (View All)
Tenth year Anniversary Level 6 Nineth year Anniversary
« Reply #14 on: July 12, 2011, 09:28:36 pm »

I think when you ask for double the amount of cuts that they were asking for (from 2 trillion to 4 trillion) and say you're happy to do  the cutting if they'll just close enough loop holes for oil companies and private jet owners to the tune of a meager $750 Billion in tax raises.. plus allow the Bush tax cut to expire in a cpl years.. and the answer you get is a resounding NO we won't budge an inch! It's pretty clear who's banking on what to happen and why..

The question you have to ask yourself isn't isn't how can you believe this.. it's how can you NOT believe it?


with all the 'our priority is to make him a one term president' and the absolute foot in every door stopping everything and/or anything from letting this country progress instead of regress, then how is it even a question anymore?


why wouldn't ask for double...he knows he ain't gonna get it...

he's posturing for the public...its a poker game used car deal....

his problem is he was put there by the powers that control and

they have informed him of his restrictions...and we watch it and let

media leads in a direction that fits there demographic needs and desires

for profit...not for the great good and needs of us the viewer...
Report Spam   Logged


Pages: [1] 2 3 4   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Bookmark this site! | Upgrade This Forum
SMF For Free - Create your own Forum


Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy