GOP threatens to do real damage to country

110228_eric_cantor_ap_328From Politico:

“One day after being named to a presidential task force to negotiate deficit reduction, House Majority Leader Eric Cantor fired off a stark warning to Democrats that the GOP “will not grant their request for a debt limit increase” without major spending cuts or budget process reforms.

The Virginia Republican’s missive is a clear escalation in the long-running Washington spending war, with no less than the full faith and credit of the United States hanging in the balance….

People close to Cantor say that he hopes to make clear that small concessions from Democrats, including President Barack Obama, will not be enough to deliver the GOP on a debt increase.”

Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way. This is what we’ve come to. This is “leadership” and “statesmanship” in the modern American era. Cantor and his colleagues are trying to convince us that they really are childish, stupid and destructive enough to bring the country down to its knees if their demands aren’t fully satisfied.

I cannot imagine leaders of any other era, of any party or ideology, threatening to do severe long-term damage to the country as a means of winning a political argument, at least not since the years leading up to the Civil War. It would have been inconceivable to previous generations, and I can think of no historical parallel to it. Ronald Reagan, for example, would be appalled by the extremist tactics of those who claim to honor him.

Oh, and as to compromise? As Cantor said last week, “We can’t raise taxes. That was settled last November during the elections.”

– Jay Bookman

662 comments Add your comment

Don't Tread

April 21st, 2011
7:55 am

Democrats have been doing real damage to this country for ages with rampant spending and stupid social engineering projects.

As Cantor said last week, “We can’t raise taxes. That was settled last November during the elections.”

And he’s right. People are tired of being taxed to death and then seeing their tax money spent on stupid stuff.. Republicans were elected to put the brakes on this sort of thing. And if they don’t do it, we’ll find someone that will.

Normal

April 21st, 2011
7:56 am

Mr. President,
Please, please, PULEEZE call their bluff. They WILL fold…guaranteed.

poison pen

April 21st, 2011
7:57 am

Well we need to start somwhwere, don’t we?
Jay, what is your solution, you seem to rip on all Repubs so surely you must have a better solution, I’m sure all of us would like to hear it.

Peadawg

April 21st, 2011
7:57 am

“stick a loaded pistol to its temple and threaten to pull the trigger”

After what happened in Arizona, this is what you got to say, Jay? You’re sick. If I say anything else, my post will be in moderation. That’s all I’m saying on this blog.

HM

April 21st, 2011
7:58 am

And the Dems did absolutely no damage to the country between 2009 & 2010?

Jay

April 21st, 2011
7:58 am

“taxed to death,” Tread?

Fact: Your tax load is lower today than it has been in several generations. You’re acting like a spoiled kid, demanding a functioning modern country but refusing to pay the price needed to build it.

poison pen

April 21st, 2011
7:59 am

Normal, are you saying that you agree with raising taxes & spending more? If people give you free money all the time what will you do with it, spend, spend, spend. DUH!

Joe The Plumber too.

April 21st, 2011
8:01 am

jay, let me fix that headline for you. oblowhard is doing real damage to this country. There you go, no thanks required, I just assumed you hadn’t had your coffee yet this fine a.m.

poison pen

April 21st, 2011
8:02 am

Jay, Fact: 45% of households don’t pay taxes. Why not eliminate all the loopholes and make everyone pay something, then you will get more money so our politicans can spend till the Earth ends.

Jay

April 21st, 2011
8:02 am

Poison, as I’ve written countless times here, we need a combination of long-term spending cuts and long-term tax increases across the board to resolve this problem, and it can’t be negotiated with one side holding a gun to the national economy and refusing to compromise.

Granny Godzilla

April 21st, 2011
8:05 am

Fortunately, the GOP remains the gang that can’t shoot straight.

You might just say to Mr Cantor:

You’ll shoot your eye out! You’ll shoot your eye out!

PS: Our “bidness” is boomin’……is everybody else feeling the uptick?

Southern Comfort (aka The Man)

April 21st, 2011
8:06 am

Jay

My appologies on yesterday….

I guess this is another cog in the wheel of the GOP’s plan to make Obama a one-term president. After all, he can’t serve another term if the country collapses in to a pile of rubble. If they want to crash the world economy just to remain ideologically pure, we have a real problem on our hands that spending cuts will not cure.

Doggone/GA

April 21st, 2011
8:07 am

“Fact: 45% of households don’t pay taxes”

Complete, total and utter lie.

Jay

April 21st, 2011
8:08 am

Fact: That’s a total lie, Poison.

45 percent don’t pay income taxes, which is only one particular form of tax. They do many several other types of federal taxes, all of which go into the same pot.

And even the 45 percent figure is artificially and we hope temporarily high, a product of high unemployment with depressed incomes for millions of Americans. If you want to squeeze some more tax money out of a family household trying to raise kids on an income of $25 or $30k, or a senior citizen living on Social Security, which maxes out at around $28K, you go right ahead.

larry

April 21st, 2011
8:09 am

The POG is not going to be happy until they see every elderly and disabled person out on the street , living in shelters all to support their addiction to giving tax breaks to people who dont need them.

Of course , Cantor doesn’t know how a bill becomes law. Let him try to hold this country hostage, he wouldnt know what he was doing in the first place.

Jack

April 21st, 2011
8:10 am

Threats are necessary because liberals don’t understand anything less. Compromise with a liberal means doing it his way.

Doggone/GA

April 21st, 2011
8:10 am

There’s only one response to extortion: publish and be damned

@@

April 21st, 2011
8:12 am

GEEZ!!!

Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way. This is what we’ve come to. This is “leadership” and “statesmanship” in the modern American era. Cantor and his colleagues are trying to convince us that they really are childish, stupid and destructive enough to bring the country down to its knees if their demands aren’t fully satisfied.

Getting up on the left (wrong) side of the bed’ll do it to ‘ya every time, jay. Getting up on the right side will right what’s wrong.

“I remember when the candle shop burned down. Everyone stood around singing ‘Happy Birthday.”–Steven Wright

stands for decibels

April 21st, 2011
8:17 am

at least not since the years leading up to the Civil War.

Assuming you’re right about that—I don’t claim to be quite sufficiently schooled in American parliamentary horrors to know if you are—then it would be in keeping with the desires of the loony-bin separatist base that this party feels compelled to coddle.

see also this, and this.

Why any sane person would follow these men down this path, I’ve no clue.

jt

April 21st, 2011
8:17 am

“Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way.”

These progressives sure are a violent bunch when they’re wanting their tax increases.
I shudder to think what Jay would do if given a sniper rifle.

This rhetoric is too inflameble. Like PeaDawg, I’m out to Lew Rockwell or someplace more tame.

Drifter

April 21st, 2011
8:19 am

Just threatening? Both the GOP and the Democrats across the aisle keep pulling the trigger on us every day…it’s called $14,000,000,000,000 of debt.

RB from Gwinnett

April 21st, 2011
8:19 am

Just curious Jay, what in the world do you call what the Democrats have done to this country?

“as I’ve written countless times here, we need a combination of long-term spending cuts and long-term tax increases across the board to resolve this problem,”

You’ve also said you would be happy to pay “a few thousand more” of your own money to fix the problem, but when you had the opportunity to do so on your 2010 tax returns, you welched, Jay. Just admit you really only mean you want them to tax other people.

Jay

April 21st, 2011
8:19 am

I guess I should have ordered a few fainting couches….

larry

April 21st, 2011
8:20 am

Of course, they would not be talking this way if the President hadn’t caved in to their demands the last two times. I hope this time the President will show some backbone and stand up to the POG.

@@

April 21st, 2011
8:21 am

jay:

I guess I should have ordered a few fainting couches….

It would appear you only need the one for yourself.

JKL2

April 21st, 2011
8:22 am

Jay- we need a combination of long-term spending cuts

So you agree with Rep. Cantor on this one. The proposed Republican cuts have been laughably small but yet the Demwits were all crying about them. Maybe they need a “loaded pistol to the temple” for their dumb a$$es to wake up and start taking the deficit/budget seriously.

El Jefe

April 21st, 2011
8:23 am

Jay,

We pay a myriad of taxes at a flat rate, FICA, Medicare, sales tax, even the state income tax is basically a flat tax.

Why then is it not okay to tax income for the feds at a flat rate? Lets say 15% for everyone bringing home a pay check. That would cut out every other tax on the pay check. It would be consistent and equitable.

Think of it, a person working at mickey macs making $12,000 a year would pay $1,800 a year in taxes, while the lawyer making $250,000 would pay $37,500 a year in taxes. That seems fair and the lawyer would most likely be paying more than he/she is today.

Normal

April 21st, 2011
8:23 am

poison pen

April 21st, 2011
7:59 am

Poison,
I agree with Jay, we have to raise taxes and yes, we have to control spending, but we need not start with medicare and Social Security. Start with Defense, then the Business subsidies on down. Social Subsidies will be last. When the Republicans start talking about that, then we will make real progress, until then…it’s just noise from the Corporate Lovers.

detritusUSA

April 21st, 2011
8:23 am

Don’t worry, they’ll raise the debt limit. This nation is a plutocracy and the wealthy won’t stand for a possible loss of a penny of their money through economic convulsions. Their paid for minions will rise to the occasion.

Gale

April 21st, 2011
8:24 am

You are right, Don’t Tread. I am tired of seeing my tax money spent on stupid stuff — like wars we should not be involved in. And, btw, discontinuing a tax break that should not have been given is not the same as raising taxes.

Blitz Wolfer

April 21st, 2011
8:24 am

Jay – Obumbles has been taking this country down the toilet for the past 2 years. The grown ups are now trying to reign in the debt that Obama has accumulated.

We need politicians with the balls to make these tough decisions. The democrats do nothing but pander to unions and the entitlement crowd.

kayaker 71

April 21st, 2011
8:24 am

Many of the right would not mind raising taxes and contributing more if they were sure that the money would be spent on something other than another liberal program to help the “less fortunate”. We’ve been paying the “less fortunate’s” bills for way too long now. Congress could not manage a lemonade stand and the American taxpayer knows it.

stands for decibels

April 21st, 2011
8:25 am

Think of it

el jefe, people much smarter than you already have, and to blithely impose another 15% income tax on vast numbers of people already at the margins of economic survival in this country would be lunacy.

Mick

April 21st, 2011
8:26 am

Jay – please, this is wearing a lot of us down here. What is the FACTUAL number of the debt when clinton left office? What is the FACTUAL number when W. bush left office? Has obama really done as much damage as some would like to believe or has he been tagged with a lot of the previous presidents debt? I’d like to get the straight truth if possible…

JKL2

April 21st, 2011
8:27 am

Maybe they should all take a vacation to the Holiday Inn in Burr Ridge, IL until all this blows over. It seemed to be really popular on here when the Senators from WI did it…

mottlicher

April 21st, 2011
8:27 am

To: President Obama and all 535 voting members of the Legislature

The verdict is in…

Every one of you have ALL been proven to be completely corrupt and total failures!

1. The U.S. Post Service was established in 1775. You have had 234 years to get it right and it is becoming more unsustainable by the day.

2. Social Security was established in 1935. You have had 74 years to get it right and it is bankrupt.

3. Fannie Mae was established in 1938. You have had 71 years to get it right. It is bankrupt and now has an unlimited line of credit from the Fed.

4. The War on Poverty started in 1964. You have had 45 years to get it right; $1 trillion of our money is confiscated each year and transferred to “the poor” and they only want more.

5. Medicare and Medicaid were established in 1965. You have had 44 years to get it right and they are bankrupt.

6. Freddie Mac was established in 1970. You have had 39 years to get it right. It is bankrupt and now has an unlimited credit line from the Fed.

7. The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It has ballooned to 16,000 employees with a budget of $24 billion a year and we import more oil than ever before. You had 32 years to get it right and it is an abysmal failure.

8. You rile on about corporate corruption; you demonize our free market system and the businesses who hand us our pay checks; you take that which is not yours and pour in into socialist trash heaps and disgusting delusion. It is YOU who ARE the epitome of corruption and abysmal FAILURE!

You have FAILED in every Socialist “government service” you have shoved down our throats while stealing our tax dollars.

AND YOU WANT AMERICANS TO BELIEVE YOU CAN BE TRUSTED WITH A GOVERNMENT-RUN HEALTH CARE SYSTEM??

stands for decibels

April 21st, 2011
8:27 am

…that said, and not to get derailed onto yet another tiresome, stupid argument about tax “fairness,” I’ve said before and will say again that I support bringing our tax brackets back to where they were under Clinton, which would mean everyone’s taxes would increase. I wouldn’t do it all at once—I would stick the wealthier Americans with the tab first, then roll in the lower incomes a year or two later. But yeah, we do need to go there sooner or later, and stop believing that we are “taxed enough already,” because clearly we aren’t.

George P. Burdell

April 21st, 2011
8:28 am

Yes we pay less in income taxes than we have as a whole but some groups have faired better than others in the tax breaks. The left screams about the top earners and the right screams about the bottom 50%. Truth is the top 1% and the bottom 50% have had significant breaks from the share they paid in 1986 after the last major tax reform. The group that has not benefited has been the earners from 1% to 5% of top income. They are the only subset in the general IRS data breakdown that pays more today. Ironically, that is the very group the left seems to be targetting as is clearly includes the earners over $250,000. I’ll gladly pay more if it is going to help the long term financial position of our country but all of this partisan rantings do nothing to help the situation. I blame the far right and far left and as usual those of us left in the middle will be the ones that ultimately pick up the tab for both groups.

USMC dawg

April 21st, 2011
8:28 am

Obama and Democrats have already done real damage to the country:
Bill Clinton’s right hand man explains:
http://www.youtube.com/watch?v=lLyJSOlv16M

jconservative

April 21st, 2011
8:28 am

Since when has it been a “Democratic” request to raise the debt limit?

If the Republicans do not want to raise the debt limit, then vote not to do it and quit talking about. Have a vote tomorrow and let the House vote no.

The reason they talk about it instead of actually doing it is because they know that in the end they will vote to raise the debt limit. So they talk, and a lot of their base is fooled into believing something is being done.

ty webb

April 21st, 2011
8:29 am

Obama votes against raising the debt limit and even makes some comments about how raising it shows a “lack of leadership”. Jay, carrying obama’s water, insists it was only a “protest” vote. Republicans threaten to vote the same way as senator obama, and that is going to “damage” to the country? Jay…you’re better than that…aren’t you? oh, and no “racial resentment” was involved in the typing of this comment.

The Woz

April 21st, 2011
8:30 am

OOOOOOOH. Demanding spending cuts to stop the red ink bloodbath is a danger to the repubublic? Nonsense!

It seems that every dollar of federal spending is going to have to be pried out of the democrats hands with a crowbar. If you wnat to raise the debt limit, prove you are serious about spending.

The damage to the republic is coming from the left who has jacked our deficits to eleven percent of GDP and whose lack of control is once again threatening the fiscal health of the country.

JP

April 21st, 2011
8:30 am

I am a DEM and feel we haven’t done a good job at all on deficit control the last 2 years. We can debate if we needed deficit spending to juice the economy, but the bottom line is, we are here now. That said I find it interesting that Boehner, Cantor, and Ryan were in office during 2000-2006 and were entirely complicit in driving up the debt. Yet you never here them say “yeah we were to blame too.” So you hear them NOW as if they have always been the party of fiscal sanity. They haven’t. So between both parties, there might be only 5 people who have been entirely consistent on deficit control, and that is what drives me crazy.

Normal

April 21st, 2011
8:30 am

Good Morning Gale, How are you?

stands for decibels

April 21st, 2011
8:30 am

motty @ 8.27, sorry, but our Scout has the exclusive Bookmaniac franchise rights to copy/pasting musty emails forwarded to him by his AOL buddy-listers.

kayaker 71

April 21st, 2011
8:31 am

mottlicher,

Great post. Are you listening, Bookman?

JKL2

April 21st, 2011
8:33 am

Norml- Start with Defense

How do you expect to pay for obama’s wars? He’s already given tax cuts to millionaires so I guess that isn’t in his plans either.

Gordon

April 21st, 2011
8:33 am

Do you think there will be “real damage” if we don’t get serious about deficit reduction? Clearly Obama isn’t serious – 2 months ago he wasn’t mentioning entitlement reform in his budget proposals and only is now in response to Ryan’s plan for political reasons. At what point do we actually get down to doing what needs to be done, Jay?

Normal

April 21st, 2011
8:33 am

stands for decibels

April 21st, 2011
8:30 am

Thanks for that Stands, but I’m afraid that people like Kayaker won’t listen to you…

Mike

April 21st, 2011
8:34 am

Normal; this is not a game of chicken that is being played – it’s about saving our great Nation from bankruptcy. Try to think about bigger issues than petty politics and, please, stop drinking the Cool-Aid!

Normal

April 21st, 2011
8:35 am

JKL2

April 21st, 2011
8:33 am

come on now, you’re not that naive..you’re just postulating…

gator24

April 21st, 2011
8:35 am

Hopefully these voters for the Republicans elected to congress see what they are all about. The last decade in congress cause all these problems with the debt and deficit

Russ555

April 21st, 2011
8:35 am

Raise the debt ceiling with no coditions. We have to pay our debts and obligations. Then change the laws to reduce future debts and obligations. But to threaten a default is close to treason.

Keep Up the Good Fight!

April 21st, 2011
8:36 am

The democrats do nothing but pander to unions and the entitlement crowd

The republicans do nothing but pander to the Kochs and the corporate overloads

Fixed that for you. But honestly, does either statement really reflect the complete truth or move the discussion forward.
_______________________________

Many of the right would not mind raising taxes and contributing more if they were sure that the money would be spent on something other than another liberal program to help the “less fortunate”

And many on the left would not mind cutting spending from the right places if the savings were not being passed along as tax credits to benefit those who need it least. Seems we ought to be negotiating and not giving ultimatums

USMC dawg

April 21st, 2011
8:36 am

Obama’s reckless spending threatens to do real damage to the country:
http://www.youtube.com/watch?v=P5yxFtTwDcc

Gale

April 21st, 2011
8:36 am

G’morning, Normal. I’m enjoying a few minutes reading the usual back and forth here while awaiting the day’s flood of “urgent” matters. It appears the sane folks are still sane and the either side extremes are still extreme in their opinions.

Not Blind

April 21st, 2011
8:36 am

Government spending IS the problem. Higher taxes means less discretionary income. Lots of spending money in the pocket drives the economy. The American taxpayer needs to throw the globe off his shoulder.

TaxPayer

April 21st, 2011
8:36 am

Cantor and his colleagues are trying to convince us that they really are childish, stupid and destructive enough to bring the country down to its knees if their demands aren’t fully satisfied.

Hey, I’m convinced. If that’s the path that the GOP chooses to take then let’s do it. Let’s give the GOP the credit it will rightfully deserve for sending us into the 2nd Great Depression. By the way, what happened to the GOP after that little fiasco. Go for it.

Normal

April 21st, 2011
8:37 am

Mike,
you are being a drama queen or you really don’t know what not raising the debt ceiling would do, not only to us, but the global economy. Do a little reading and then we will talk.

Richard L

April 21st, 2011
8:37 am

The republicans are doing what needs to be done. (Note: They share a large part of the blame, since under Bush/Cheney the created a huge part of the problem. But being partly responsible for the problem does not mean they shouldn’t do the right thing to fix the problem).

The federal government has very, very few responsibilities. Its turned into a fat, bloated tick on the country. It can safely but cut by well over half (Social Security, Medicare, and Medicaid should all be eliminated totally over a period of time. All of those programs solve an issue that belongs to American Society, not American Government).

Both parties are losers, in this case though, the Republicans are doing what is a (minor) step in the right direction.

Mick

April 21st, 2011
8:38 am

usmc

Where were you deficit hawks the past decade? Why now? That is the hypocrisy of your daily rants…

SoGaVet

April 21st, 2011
8:38 am

The “tax increase” that everyone is whining we can’t afford would be on those who make $20,833 A MONTH! I’ll bet a month’s pay there are darned few on this blog that curry that kind of coin. I bet in my town in South GA, there aren’t even 820 that would make up 2% of our population that make that much. Call their bluff Mr. President!

shawny

April 21st, 2011
8:39 am

“This is what we’ve come to.”
Note to Jay. Both sides have negotiated in this fashion to get their pet projects pushed through for decades.

Normal

April 21st, 2011
8:39 am

Gale,

I hear you. Let one “Normal” person say wecome to the mad house, to you. :)

larry

April 21st, 2011
8:39 am

HEADLINE: A Washington Post-ABC News poll found 72% of Americans wanted Congress to raise taxes on wealthy Americans making more than $250,000 per year.

Hear that Mr. Cantor? 72%.

Where's My Party?

April 21st, 2011
8:39 am

It is absolutely laughable you are calling out the Repubs as having no “leadership” or “statesmanship” when we have the horrific mistake of a President in office. The Dems had their chance and blew it. Mr. Obama is a fantastic candidate, but a horrid “leader” and a pathetic “statesman”. He actually makes the Repubs look good.

stands for decibels

April 21st, 2011
8:40 am

Has obama really done as much damage as some would like to believe or has he been tagged with a lot of the previous presidents debt?

jeez.

The only real bit of true additional spending these liars, criminals and developmentally challenged folk can point to is that which was authorized under the Recovery act, which took a couple of years to spend (whoop de freekin’ do) about half a trillion that – and this is very important to remember — would’ve likely been absorbed by individual states anyway, who are not in a position to incur cheaply lent debt like the feds.

And as I have argued a kajillion times, the Recovery act shouldn’t have been even remotely controversial. Had McCain been elected, I’m certain he would’ve seen the need for a similar economic stimulus—he would’ve had tax cuts/credits as a bigger chunk of it, but he would’ve spent on a similar scale.

Beyond that, these GOPers are blowing smoke. They know full well that Obama inherited a debt load that was mostly the result of elephant dungage, and they’ll do anything to make you believe otherwise.

USMC dawg

April 21st, 2011
8:40 am

Obama’s lack of understanding basic economic principles, among other things, threatens to do real damage to the country:
Example:
http://www.youtube.com/watch?v=WpSDBu35K-8

JKL2

April 21st, 2011
8:40 am

kayaker 71- Congress could not manage a lemonade stand and the American taxpayer knows it

Here’s the obama lemonade stand for you…

http://ragbrai.com/2009/07/19/obama-lemonade-near-henderson/

Jay

April 21st, 2011
8:40 am

Mick, I’ve posted OMB Historical Table 1.1, the basic accounting of revenue and spending, for the years 1979 through 2013 at http://blogs.ajc.com/jay-bookman-blog/?page_id=7647

Note that the CBO had established that the 2009 deficit would be $1.2 trillion before Obama even took the oath of office, based on plummeting government revenue and increased costs for unemployment benefits, etc.

Emmanuel Halle

April 21st, 2011
8:41 am

The Republican lie that the Democrats are the big spenders has worked. The right wing misinformation is now acceptable to the media and to far too much of the public. Some of the very same Republican hypocrites who now would see the destruction of this country to get tax cuts for the “rich” and their paymaster, big business, led the fight for debt ceiling increases under George W. Bush. The Republicans do not have a winning hand in this fight and President Obama should realize that and tell Cantor and his right wingers to go to hell!

ty webb

April 21st, 2011
8:41 am

Now here’s something I can get behind:

“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. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
Barack Obama-2006

So which obama is right? hmmmm. And again, no “racial resentment” was involved in the typing of this comment.

Redneck Convert (R--and proud of it)

April 21st, 2011
8:41 am

Well, when little ______ Zell George wants something and don’t get it he holds his breath and starts turning red and then kind of blue. It always works. The missus and the boy’s Mommy cave in and he gets what he wants and the missus and the boy’s Mommy start blaming theirselfs for being so stubborn in the first place.

So I’m betting Cantor and his bunch of Godly Republicans get most of what they want. But by that time the economy will be in shambles because we can’t borrow anymore and we’ll be known as—no offense, to any blogger here—a Welcher. And the Republicans will blame Obama for it and they’ll take the White House and the Senate and we’ll get ALL of what we want and the Welfare Queens will need to ride bicycles and Those People will need to find jobs and we’ll have three or four wars going on and the geezers will be flocking to WalMart to find Greeter jobs. And there’ll be lots of Tax Cuts and Trickle Down and we won’t want to die and go to Heaven because we got Paradise on earth.

But I might could be wrong so keep paying the note on your house and saving up.

Have a good day everybody.

Terd Fergesun

April 21st, 2011
8:42 am

What a crock this is Bookman! Dems are spending our way into oblivion and you the little liberal sicifant want to blame the Republicans. I will say one thing, you are a proud member of the band that keeps playing on the Titanic as it sinks. Keep playing Bookman, keep playing!

kayaker 71

April 21st, 2011
8:42 am

SoGaVet,

What’s wrong with making $20,833/month? You’d give your left nut for that kind of income and so would a lot of the whiners on this blog. What’s mine and what’s yours is mine….. the old liberal wisdom.

stands for decibels

April 21st, 2011
8:42 am

The Dems had their chance and blew it.

how, pray tell, would you have turned the ship of state around and magically turned the job hemorrhage from -500,000+ to above 200,000 a month, and somehow closed the budget deficit in the process?

I’m all ears.

buck@gon

April 21st, 2011
8:43 am

Holding a gun to the head? Gee, I thought Obama was actually threatening the same thing when he said in his speech last week that education and roads weren’t going to be funded unless he got HIS WAY!! Seems to me that he promises to get rid of waste, fraud and abuse more than he actually does anything at all when he wants Congress to authorize trillions more in spending. Why should we believe him on spending? Why are 2008 spending levels going to do “real damage” to the country?

Can’t answer, can you?

Living
Obama’s
Vision for
Everyone

We here at LOVE want you to know that we favor cutting taxes as our GREAT PRESIDENT has always been in favor of doing. We are solidly committed.

Just don’t cut the following: food stamps, prescription drugs for seniors, Obamacare, Medicare, Medicaid, corporate breaks for GE, Green Energy, the EPA, Housing subsidies, Home heating assistance, Social security, NEA, Public Radio, Public television, OSHA, payments to ACORN, FDIC, FSLIC, FNMA, USACE, temporary long-term unemployment assistance, Disability payments….

Jay,

The GUN that the Democrats have to the public’s head is simply this, political partisanship, posturing, threats and demagoguery. You gleefully reported the findings of polls that show Americans want to cut spending but not any programs. Here, you are again happily chastising Republicans for using decisive actions to actually cut spending programs. In doing so, you are simply wrong about what would happen. The US can spend money it doesn’t have in two ways, not one. 1) it can borrow; 2) it can print. The Chinese are not committed to buying so much stock in us anymore, and the Japanese… well, let’s just say they have earth-shaking issues to deal with. America has done both borrowing and printing actually since our GREAT PRESIDENT slithered into the White House, so there is no great tragedy if government is forced to print rather than borrow.

The Democrat position is still that we won’t cut any of these programs in any measurable way–unless “cutting” in the Orwellian mess of liberal Washington means “raising someone’s taxes”–which of course, it DOES mean. At least we can see the Dem position more clearly now.

—————–

Keep your focus Jay. As a media member of LOVE, you now have a quota of two birther stories a week, two unemployment-is-really-a-good-thing stories, three Republican-luddite stories (you can find your own adjectives), four about how dignified our GREAT PRESIDENT is, five about how much spending cuts would hurt the poor, the elderly, children, the handicapped, minorities, women, babies, firemen, police, the traveling public, public transportation, roads, shipping, eaters of food, buyers of gasoline, breathers of air….. use your creativity here. We would also like you to take back your 30-year-old son, now 31, back into your house.

Remember our GREAT PRESIDENT’s iron clad commitment to rid our country of waste, fraud and abuse. Remember as HE said, “you’ve got me now.” We will do these things and finally, we have a country we can be proud of.

Bosch

April 21st, 2011
8:44 am

“One day after being named to a presidential task force to negotiate deficit reduction, House Majority Leader Eric Cantor

Or as I like to call him, Mr. Weasel Man.

Now…….on to read the rest.

JKL2

April 21st, 2011
8:44 am

keep- The democrats do nothing but pander to Soros and the corporate overloads

Fixed that for you

real john

April 21st, 2011
8:44 am

Bookman:

The US economy is facing enormous long term pressures and is heading for a cliff. Those are the facts. Medicare, Medicared, and Social Security cannot continue as they currently are. Even the most liberal Democrats will privately admit that.

Throwing out useless statements like “We are going to cut hundreds of billions in waste from these programs” is complete crap. Every president says that and they know is crap. If we could cut all of this waste, we would already be doing it.

The Democrats are putting everyone in this country as huge financial risks by not getting serious about how big a problem the US debt is becoming. The Dems don’t want to screw up there Afrian-American, union, Jewish, Gay, young, naive college vote, so instead they will continue to bash Repbulicans.

Not only is Obama and the Democrats not doing anything to help the long term debt, they are actually making it much worse.

For all of the Bush haters, Obama’s spending make’s Bush look down right stingy. Give him 8 years, Obama’s debt will more than double Bush’s.

Gale

April 21st, 2011
8:44 am

I think many people have had to deal with personal debt getting out of control and know very well what it takes to get it back under control. It is not easy and it does involve some sacrifice. When the Congress claims they can do the same thing by cutting revenue, those same people don’t buy it. I can only hope they remember it when election day arrives. I think the best thing that could happen in Washington is a strict –much reduced– limit on campaign spending –which includes third party “issue” ads, and tem limits. We need representatives in Washington solving problems, not working to keep their seat.

Mick

April 21st, 2011
8:45 am

Thanks Jay, the link did not work but I do recall you going over this. There seems to be a lot of misinformation causing a ball of confusion..

stands for decibels

April 21st, 2011
8:45 am

Hey, Jay?

If the fainting couch crew are truly disturbed by the “violent” rhetoric in your post, could I please provide some of my own to make it seem tame by comparison? Because I’d be happy to help.

md

April 21st, 2011
8:45 am

Nice one sided view of the situation…………as I see it, doing nothing, as S&P also seems to see it, is no different than the other extreme………both lead to the same outcome……….

But side choosers have a hard time seeing the reality some times……………

The Teleprompter Caliphate of Socialist Union thugs - Bingo!

April 21st, 2011
8:46 am

These sociopaths are perfectly willing to accept the meddycare etc that the Greatest Generatio­n paid forward, but when it comes time for them to step up, they turn into shirking weasels, and “re-brand” it “courageou­s”. They make me sick.

jm

April 21st, 2011
8:46 am

“as a means of winning a political argument”

its an economic argument, not a political one.

BigBusiness

April 21st, 2011
8:46 am

The Wall Street Journal reports today that Corporate America certainly isn’t doing its part to help bring America out of its economic malaise. The paper surveyed employment data by some of the nation’s largest corporations — General Electric, Caterpillar, Microsoft, Wal-Mart, Chevron, Cisco, Intel, Stanley Works, Merck, United Technologies, and Oracle — and found that they cut their workforces by 2.9 million people over the last decade while hiring 2.4 million people overseas.

Fletch

April 21st, 2011
8:47 am

Yaaawwwnn……Nothing to see here. Could someone please wake me up when there is actually something new going on? It’s like a friggin broken record around here lately. Both parties suck, their sheep followers will continue to bleet their praises while trying up with more creative nicknames to insult their leaders.

And by the way, if you use the term Obumbles, Obozo, Boner, Con or Libtard, you really do sound like an idiot. But keep it up little sheepy, your masters need your unwavering support.

jm

April 21st, 2011
8:47 am

““We can’t raise taxes. ”

Maybe he means tax rates.

jm

April 21st, 2011
8:48 am

Also, the debate has been running that corporate creditworthiness is better than the US government’s. Which might mean, in the event of default, while it would be difficult, corporate America might survive relatively unscathed since they’ve paid down their debt loads so much and have so many cash reserves.

Might be a lesson for DC, though they’ll never get it.

Jay

April 21st, 2011
8:48 am

Mick, the link works for me. Has anybody else tried it?

http://blogs.ajc.com/jay-bookman-blog/?page_id=7647

LeeH1

April 21st, 2011
8:49 am

The Republicans and Tea-Baggers weren’t elected to work together for the common good. They were elected to confront, delay and destroy. Where were you in the last election? Of course they will drive america off a cliff for their narrow ideology! That’s what they were elected to do!

When you make simplistic answers to complex problems, you have gridlock and foolishness. Are the Republicans beeing foolish and unreasonable? Yes, they are. That;’s what they were elected to do. They are doing a good job.

No taxes for the rich! Let the markets regulate themselves! Get rid of government entirely, except for the police and jail system! Get rid of all minority positions, and make this country the wonderful palce it was back in the days when rich white people ran it!

SoGaVet

April 21st, 2011
8:50 am

Kayaker,

As a matter of fact, my family income last year came darn close – which is why I know that folks making that much can afford the additional bite.

md

April 21st, 2011
8:50 am

“Where were you deficit hawks the past decade? Why now? That is the hypocrisy of your daily rants…”

And there goes the curve ball……………doesn’t much matter where the problem came from (both sides if one is honest), the problem is here…..now…..and needs to be fixed…….and it will take ALL the misfits to get it done.

JKL2

April 21st, 2011
8:50 am

Norml- you really don’t know what not raising the debt ceiling would do, not only to us, but the global economy.

We’re already monetizing most of our debt now the way it is. What difference would it make since all we’re doing is printing more money? Sure the dollar is worth a peso but that’s what obama (and Soros) wants anyway.

Bosch

April 21st, 2011
8:51 am

“would be spent on something other than another liberal program to help the “less fortunate”. We’ve been paying the “less fortunate’s” bills for way too long now”

No matter how many times you point out that is utter bs, they still can’t refrain from writing it. It’s like they are programmed or something.

Bosch

April 21st, 2011
8:51 am

Yeap, Jay, working for me.

jconservative

April 21st, 2011
8:51 am

A little discussion of debt limit politics:

“In the past, the politics on a debt-limit vote have been relatively straightforward. The party in power talks about the need to ensure the continued soundness of the country’s credit and votes for an increase; the party out of power inveighs against irresponsible fiscal policies and votes against.

Obama, who is now pushing to raise the debt ceiling, voted against an increase as a member of the Senate in 2006, when George W. Bush was in the White House.

Nearly every single Republican in the Senate voted for a debt-ceiling increase that year. Three years later, when Democrats held power, every Senate Republican but one voted against an increase. Democrats have followed the same pattern.

This year, the politics are more complicated, as House Republicans have to find common ground with the Democrats who control the Senate.”

Bottom line is that horrible “C” word – Compromise.

Both Cantor and Reid know a compromise will be worked out. Both a just looking for a little extra butter on their slice of bread.

roughrider

April 21st, 2011
8:52 am

I’m not an economist or history expert but I can remember that during Clinton’s last year in office the USA had a budget surplus. During Bush’s last year, we had an economic meltdown.

jm

April 21st, 2011
8:52 am

jay 8:48 link works. aside from pop up ad :)

mystified

April 21st, 2011
8:53 am

I love this part….”I cannot imagine leaders of any other era, of any party or ideology, threatening to do severe long-term damage to the country as a means of winning a political argument, at least not since the years leading up to the Civil War.”

He’s right of course… Which is exactly why we have a debt of $14 trillion.

When the adolescents get out of hand, eventually the adults have to take over. Let’s call this an “intervention”. Gov’t has to learn live within it’s means. I hope we can resolve this without a showdown but libs have to face reality. So do the conservatives. My guess is the republicans may bend some if taxes are raised across the board instead of on the backs of the hard workers.

Bosch

April 21st, 2011
8:53 am

md,

“the problem is here…..now…..and needs to be fixed…….and it will take ALL the misfits to get it done.”

While I agree with that, it does irritate here on the blog for them to be so freaking hypocritical and history challenged. And apparently all a-faint this a.m.

USMC dawg

April 21st, 2011
8:53 am

The Obama Stimulus: Predictions vs. Reality:

http://www.youtube.com/watch?v=CJu0DgpiK8c

stands for decibels

April 21st, 2011
8:53 am

anybody else tried it?

She runs, how you say, like the top.

Southern Comfort (aka The Man)

April 21st, 2011
8:54 am

dB: If the fainting couch crew are truly disturbed by the “violent” rhetoric in your post, could I please provide some of my own to make it seem tame by comparison? Because I’d be happy to help.

Be careful, I stepped down that rabbit hole yesterday. I’m more than happy to let Jay handle that.

Jay

Link worked ok for me.

bucket

April 21st, 2011
8:55 am

Take out Cantor and insert President Obama and you may have a great article Jay.

Bosch

April 21st, 2011
8:55 am

SoCo,

You shouldn’t feel bad for yesterday. You are still….as we say, “the man.” :-)

larry

April 21st, 2011
8:55 am

I guess Mr. Cantor did not hear all the booing Mr. Ryan recieved in his town hall meetings the last few nights.

dw

April 21st, 2011
8:55 am

Solution is let the libs pay more in taxes to show if their ideology works. If it does, then the rest of us can join in.

JKL2

April 21st, 2011
8:56 am

ty webb- America has a debt problem and a failure of leadership. Americans deserve better

I have to give obama some credit. He was right with that one (of course he didn’t realize he was talking about himself, but it’s hard to tell with all his third person references to himself.)

TAXGUY

April 21st, 2011
8:56 am

Jay the Liberal, tax and spend guy! WE DO NOT HAVE AN INCOME PROBLEM IN THE FED. GOVT., WE HAVE A SPENDING PROBLEM! When will you guys understand this!!!! Hello!

Bosch

April 21st, 2011
8:56 am

“Solution is let the libs pay more in taxes to show if their ideology works”

Saxby Chambliss is a lib? Who knew?

md

April 21st, 2011
8:57 am

“and found that they cut their workforces by 2.9 million people over the last decade while hiring 2.4 million people overseas.”

And what does one expect in a global marketplace where our labor costs are much higher than many other areas?

Time to wake up to the reality that the world has changed………get on board or be left standing at the station.

An economist said it best recently when he said…….”when Americans are ready to pay higher prices for goods, an industry will be born………..if they keep going to Wal-mart demanding the lowest prices, the goods will continue to come from areas that can produce those cheap goods”

Our labor costs are part of the “cost of goods sold”……….and is hurting us on the global market.

Paul

April 21st, 2011
8:57 am

This issue isn’t just the impact of a failure to increase the debt ceiling. It’s the new Republican Party’s idea of negotiating.

This new party reminds me of the United Auto Workers of the last century. “Listen GM, we want this and this and this and if we don’t get what we want, we shut the factories down.”

This is how to foster an atmosphere of cooperation and compromise? I’d sure hate to see their idea of an ultimatum.

buck@gon

April 21st, 2011
8:57 am

“Ronald Reagan, for example, would be appalled by the extremist tactics of those who claim to honor him.”

Jay,

I can’t think of a bigger whopper without going to Burger King. You see no forest for the trees, do you?

If Ronald Reagan were dropped now into our time, he wouldn’t be such a shallow chattering gossip as you are concerned about “working together” and “bipartisanship”, two criterion that seem to become relevant ONLY when Democrats don’t get the run of Washington. If he would be appalled by anything first, it would be the unabated liberal push for bigger government and the lack of leadership of Republicans to fight it sufficiently.

His disgust with any vote to raise the “debt ceiling” would be eclipsed an order of magnitude by the fact that Democrats COULDN’T PASS THEIR OWN BUDGET when they ran Congress, and Reagan would clearly drive that glaring failure into the heart of any news stories (like yours) that showed him as incompetent, miserly or uncaring about ________ whomever is your liberal prop today.

The tea party recognized early in Obama’s presidency the damage that Democrats and Obamacare was doing to the deficit, despite the lies Obama purveyed to Americans–especially about it being “deficit neutral”. It’s not, even if you consider ten years of revenue for 6 years of “benefits” and for the priviledge of having the government tell you to go take a pill rather than seek treatment to help yourself.

Thank God the tea party got it right, and thank God they’re making a difference.

It’s the Democrats who caused the damage already, who fired the gun into the head of the economy with radical spending, before with outrageous rules for mortgage lending that facilitated a housing bubble on the low-income side.

The gun analogy might be a bit “extreme” I admit. The truth is more like a Democrat slaying of the economy and the country (hope and change you can believe in) by a thousand cuts and incessant spending.

stands for decibels

April 21st, 2011
8:57 am

Note to the fainting couch crew:

You are welcome to contribute over at conservative AJC columnist Kyle Wingfield’s joint, whose latest post has been up for 14 hours and has drawn a total of 31 comments… 2 of them mine.

JohnnyReb

April 21st, 2011
8:58 am

Obviously, the Left has gone off the deep end on this one. I’m surprised Jay does not have a paragraph on Repub’s wanting to kill Granny. All this talk of the country defaulting on debt if the limit is not raised is nothing but political hpyerbole. The Feds can do like you would – cut back on spending so you have enough to pay your bills. It’s really that simple. You guys have a good day.

Southern Comfort (aka The Man)

April 21st, 2011
8:58 am

Bosch

I should have known better than to even get involved in that. Somebody has to be the grown-up.

jm

April 21st, 2011
8:58 am

As Simpson said, pray for the Gang of 6

ty webb

April 21st, 2011
9:00 am

and I could also get behind this:

“It is ironic that Republicans’ first major action after an election in which they touted their strong sense of morality will be one of immense immorality.

“Republicans’ irresponsible policies have left them no choice but to raise the limit on the amount of debt America can incur. But there is a choice in how it is raised.

“Congress must tie raising the debt limit to a realistic, workable plan to put America back on a path to fiscal security. A first step would be to implement the tried and true ‘pay-as-you-go’ policies, which reined in debt in the 1990s and produced the record budget surpluses President Bush inherited from his Democratic predecessor.

“If Republicans do not put in place these responsible policies, they will immorally saddle our children with trillions of dollars of debt that will hinder their ability to invest in their own security and success.”
Steny Hoyer(libs can google him to find out who he is)-2004

Jay,
Is it your contention that by voting against this “immorality”, the republicans will do “damage” to the country. Classic “catch 22″, huh? Oh, and no “racial resentment” was involved in the typing of this comment.

buck@gon

April 21st, 2011
9:00 am

mystified @ 8:53

“When the adolescents get out of hand, eventually the adults have to take over. Let’s call this an “intervention”. ”

Nice. That’s a keeper!

The adults at the ajc aren’t on the liberal side of the ed board, that’s for sure.

mystified

April 21st, 2011
9:00 am

Buck@gon….AMEN….

jm

April 21st, 2011
9:00 am

BTW, I don’t like Zuckerburg on principles. But he did stick it to Obama on the Budget.

Keep Up the Good Fight!

April 21st, 2011
9:00 am

SoCo, adults also have to stand up and say this is wrong.

Jackie

April 21st, 2011
9:00 am

Without the ability to pay contractual obligations, who will loan the USA money?
One question many should ask, where and when did two $1 Trillion dollar wars get funded and paid for?

USMC dawg

April 21st, 2011
9:01 am

Where did Obama’s Stimulus money go?
787 BILLION…Poof!

http://www.youtube.com/watch?v=s2MjQ17kDng

Paul

April 21st, 2011
9:02 am

bucket

“Take out Cantor and insert President Obama and you may have a great article Jay.”

You mean the President Obama who the other day said, “anybody here married? When was the last time you got everything you wanted and your spouse got nothing?” (paraphrased)

Tundra Dude

April 21st, 2011
9:03 am

One day after being named to a presidential task force to negotiate deficit reduction, House Majority Leader Eric Cantor fired off a stark warning to Democrats

It’s obvious he wasn’t chosen for his negotiating skills.
I think he should do the honorable thing….threaten to blow himself up.

jm

April 21st, 2011
9:04 am

I’m ready to see Trump’s financial statements…. :D

Could be a $0, or a lot, who knows….

Keep Up the Good Fight!

April 21st, 2011
9:04 am

dawg…recovery.gov. You can get your answers. Next.

The Truth

April 21st, 2011
9:04 am

I don’t understand Democrats, there is no rationale to their thinking, if Obama farts they are there sniffing and engulfing all that spews out, good or bad. Now if a Republican makes a statement or proposes an action they automatically begin there scare tactics. Jay accuses the GOP of poor statesmanship, when just a mere few weeks ago Jay and his cronies were praising and standing up for the Democrats against democracy in Wisconsin, saying all is fair in legislating laws. During the Obama Health Care debates, Jay and his cronies were calling death panels nothing but GOP scare tactics that there would not be any death panels, now just yesterday, Jay and his cronies were telling us how death panels were a necessity and trying to distort the truth.
I don’t claim to be the smartest cookie in the jar, but even I can see thru their rhetoric, on one hand they say we need to give the poor ( both unfortunate and the lazy ) entitlements, that they have rights, and then they tell mom and pop sorry about your luck you are a drain on our economy.
Will someone rationalize that?
Jay writes the Jay Bookman GOP threatens to do real damage to country
What the GOP is doing is holding Obama accountable.

PJ

April 21st, 2011
9:05 am

It’s funny how as soon as taxes come up we hear from the “poor people don’t pay no taxes” choir. Don’t you know the rich love the poor and care nothing for the middle classes. They love the poor because they take the heat off of them. They love gov’t programs that support the poor (i.e…food stamps, medical vouchers, housing vouchers) why; because every tax dollar spent on them is a dollar in the pocket of the rich farmers, the doctors and the pharmaceuticals, and landlords and land owners. They love the way the people in the middle blame them for all the ills in society while they rob pension funds with fraudulent deals and lobby and lawyer their way to tax free lifestyles then take jobs overseas. A poor man can snatch a pocket book with $20.00 in it and the middle class screams off with his head but a rich man can own a bank too big to fail or and sell homes to people they know can’t afford it and he’s given practically a free pass. You never hear rich people dogging the poor (unless they are a politician), the rich know where their bread and butter come from. Go on hating the poor, they’re an easy target and it doesn’t take much thought to be mad at them. Being mad at the rich is a lot of hard work and too much thinking is involved and most of you don’t appear to have the time. “The rich get rich and the poor (and middle) get poorer, in the mean time, in between time, let’s just have fun.”

jm

April 21st, 2011
9:05 am

Paul 9:02 – exactly. Republicans don’t want to raise the debt limit, Dems do. So in return for the Dems getting what they want (higher ceiling), they have to agree to some budget trigger measures for the R’s. Simple enough….

@@

April 21st, 2011
9:06 am

Solution is let the libs pay more in taxes to show if their ideology works. If it does, then the rest of us can join in.

Before that happened, liberals would quickly become conservatives.

Obama keeps talking about “threading the needle of a crisis”. HECK! Just close the freakin’ eye (loopholes, tax credits, some subsidies). Everybody makes it on their own for awhile.

It’ll be good for what ails us.

stands for decibels

April 21st, 2011
9:06 am

Be careful, I stepped down that rabbit hole yesterday.

Oh, don’t worry, SoCo. I only posted that to bring a smile to Jay’s face. He knows better than to ask me to go all Rude Pundit on their pussified less-than-courageous lying less-than-entirely-honest asses sweet selves.

Paul

April 21st, 2011
9:06 am

buck@gon

“. If he would be appalled by anything first, it would be the unabated liberal push for bigger government and the lack of leadership of Republicans to fight it sufficiently”

If history were to repeat itself, Pres Reagan would give fine speeches stating exactly that, then in two term he’d take our $14 trillion accumulated debt and run it up to $42 trillion.

And his followers would smile fondly at the tv and say “ain’t he the greatest?”

Good little liberal

April 21st, 2011
9:07 am

JAy

“Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way.”

You’re a little late. Obamacare was passed.

md

April 21st, 2011
9:07 am

“Solution is let the libs pay more in taxes to show if their ideology works. If it does, then the rest of us can join in.”

My guess…one would see a sharp increase in the number of independents……………

extremerightwing

April 21st, 2011
9:07 am

Jay writes:

45 percent don’t pay income taxes, which is only one particular form of tax. They do many several other types of federal taxes, all of which go into the same pot.

It doesn’t matter….they still are not cutting a check to the IRS in April…therefore, they are not paying federal income taxes.

And even the 45 percent figure is artificially and we hope temporarily high, a product of high unemployment with depressed incomes for millions of Americans. If you want to squeeze some more tax money out of a family household trying to raise kids on an income of $25 or $30k, or a senior citizen living on Social Security, which maxes out at around $28K, you go right ahead

Jay…you assert this 45% figure is artificially high….where do you get your evidence to support this. We have been seeing the distribution of who pays income taxes in this country for years now and this figure is only growing.

Obama talks about “shared sacrifice” is needed. My question is who is sacrificing here? We have 45-48% of the country not cutting a check to the IRS in April. If we want this so called “shared sacrifice”, which is really Obama code for tax the tar out of the wealthy, then EVERYBODY in this country needs to pay income tax. A minimum tax of 5% is doable.

Also, an estimated 59% of the 308.7 million Americans in this country get at least one federal benefit, according to the Census Bureau, based on 2009 data. An estimated 46.5 million get Social Security; 42.6 million get Medicare; 42.4 million get Medicaid; 36.1 million get food stamps; 12.4 million get housing subsidies; and 3.2 million get Veterans’ benefits.

This is not sustainable.

josh

April 21st, 2011
9:08 am

unreal. some people on here are actually wanting to pay more in taxes? looks like the government already has you right where they want you people. “yes, my congressman. please, take even more of my money…” to be simply wasted away on some pork pet project. here’s a solution…stop the wasteful spending and my taxes won’t have to go up. why do i have to suffer for the poor decisions of others? i don’t spend more than i make…it’s a pretty simple concept, but b/c politicians can’t grasp that basic rule of economics, my standard of living goes down? wtf????

kayaker 71

April 21st, 2011
9:08 am

Off to Appalachicola to kayak Dog Island and St. George and hopefully catch a few early season reds and maybe a cobia or two. Forecast is for 80 degrees and clear skys until Sunday. The sunsets there are amazing and a cold one or two at the end of the day makes it all right. Save the TaTas…. truly one of Gods great creations.

Lil' Barry Bailout

April 21st, 2011
9:08 am

Jay, you’ve gone totally in the tank for your Idiot Messiah. I guess the closer we get to election time, the more Obozo-cheerleading we can expect.

Shall we just keep on with business as usual? That’s what Obozo proposed in his 2012 budget.

Show us the spending cuts, Obozo. Show us what the government is going to “sacrifice”. Then we can talk about what Americans who work for a living are going to sacrifice.

jm

April 21st, 2011
9:08 am

Republicans are floating a wide range of major structural reforms that could be attached to the debt limit vote, including statutory spending caps, a balanced budget amendment and a two-thirds vote requirement for tax increases and debt limit increases. Liberals want a “clean” vote to raise the $14.3 trillion borrowing limit.

Read more: http://www.politico.com/news/stories/0411/53501.html#ixzz1KA9PKE3b

RGB

April 21st, 2011
9:09 am

“I cannot imagine leaders of any other era, of any party or ideology, threatening to do severe long-term damage to the country….”

At first I thought you were talking about the national debt (while under Democrat Congressional control) rising from $8 trillion when Pelosi took the Speaker’s office to more than $14 trillion when she left.

It’s akin to a patient with gangrene. Do you amputate part of his foot to save his life or do you castigate the doctors wanting to do so because “how cruel you must be to cut off a man’s foot–why, he needs that foot to get around and to be able to perform his job responsibilities.”

Democrats want to let the patient die.

stands for decibels

April 21st, 2011
9:09 am

pj @ 9.05, it’s actually “ain’t we got fun.”

Otherwise, like you say.

Paul

April 21st, 2011
9:10 am

USMC Dawg

“Where did Obama’s Stimulus money go?
787 BILLION…Poof!”

You mean the $275 billion of that in tax cuts he gave to middle class families were rescinded?!!?

jm

April 21st, 2011
9:10 am

cross currents abound. choppy waters ahead

The Chamber of Commerce, which typically aligns with Republicans, has been working hard to ensure that the debt limit is increased, and the Washington Post’s editorial page, a traditional voice for liberals, argued on Wednesday morning that deficit-reduction measures must be attached to any debt-limit increase.

Read more: http://www.politico.com/news/stories/0411/53501_Page2.html#ixzz1KA9mcaKU

TaxPayer

April 21st, 2011
9:10 am

The GOP needs to bring back Cantor when he’s old enough to shave.

Bosch

April 21st, 2011
9:11 am

SoCo,

I have learned with that particular poster (and a couple more) to recognize that our time here on Earth is limited and shouldn’t be wasted on such. You will never get that time back. :)

Gotta go do some stuff….keep being “the Man” !! :)

Good little liberal

April 21st, 2011
9:11 am

josh

“unreal. some people on here are actually wanting to pay more in taxes? ”

Chances are, the people whining about paying more taxes aren’t paying any taxes. They want everybody else to pay taxes, People who get to blog all day, every day are setting at home, collecting some sort of checks.

WestSiderATL

April 21st, 2011
9:12 am

“Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way.”

–Kind of like the Democrats did with Obamacare?

ty webb

April 21st, 2011
9:12 am

Kayaker71,
be sure to eat some Appalachicola oysters for me while you’re down there…mmmmmmmm, nectar of the gods.

stands for decibels

April 21st, 2011
9:13 am

(while under Democrat Congressional control) rising from $8 trillion when Pelosi took the Speaker’s office to more than $14 trillion when she left.

oh noes.

@@

April 21st, 2011
9:14 am

Ann Coulter with a keen observation.

Democratic Sen. Dick Durbin perfectly illustrates the mentality of the average liberal. Discussing a proposal to raise the retirement age of Social Security before there’s no money left, Durbin said on MSNBC’s “Morning Joe” that for people like him, who work at a desk, it’s no big deal. But for “folks involved in physical and manual labor, another year or two becomes problematic.”

Just to be clear, I’m all for raising the retirement age of Social Security.

And what profession did Sen. Durbin choose to illustrate the idea of backbreaking work? A construction worker? A woman working in a chicken processing plant? A commercial fisherman?

No. He cited postal employees. “It’s tough,” he said, “to say, just stick around and deliver mail for another couple years.”

Backbreaking work? Postal workers? Mine can’t even find it within him/herself to close the mailbox. Must be a strain on their back.

md

April 21st, 2011
9:14 am

Paul,

I see no new tactics………business as usual…….each party doing what they always do……the only change is how they do it and when (majority/minority).

The recent “compromise”…..a whopping one week’s worth of cuts …….was certainly no indication that the guys in the majority are serious either……..starting from “0″ is not a serious discussion…..

Rightwing Troll

April 21st, 2011
9:15 am

As always the duplicitous fail to acknolwedge their complicity in the current situation… Ya’ll had as much to do with what’s broken as anything, but all you do is whine about bein “taxed to death” (when rates and tax loads are as light as they’ve ever been in modern times) and scream about social policies (like abstinence only? or just policies that the “other” guys champion)… For 8 years you gave an empty headed, AWOL, draft dodger a blank check and open permission to conduct war and out CIA operatives, now all of our problems are the fault of “one of those people”…

There’s plenty of “conservatives” on welfare, unemployment, and workman’s comp, what say ye about those parasites, not just the parasites with darker skin?

Lil' Barry Bailout

April 21st, 2011
9:15 am

When the Democrat party says they want a “clean” vote, what they mean is they want a “business as usual” vote.

Ain’t gonna happen, Dems. The adults have arrived to help you clean up your Idiot Messiah’s $1.5 trillion annual mess.

Jackie

April 21st, 2011
9:15 am

When and how do we pay for Afghanistan, Iraq, Medicare Part D and Bush era cuts?
When that question is answered, then we have an opportunity to lower the debt limit and bring some fiscal sanity to the world economy.

Peter

April 21st, 2011
9:15 am

WE need to start a 4th WAR…..that will make Republican’s think we are on the right path.

josh

April 21st, 2011
9:15 am

if you want to pay more in taxes then go right ahead. cut the government a check for twice what you owe. it’s patriotic!

i don’t have a problem with paying my taxes. i do have a problem with years and years of wasteful spending of my tax dollars and then having the government come into my pocket for even more.

take their credit card away!

Southern Comfort (aka The Man)

April 21st, 2011
9:16 am

Keep

You do that by standing up, not by stepping down on that level.

dB

Thanks to you, I have RP saved as a fav on my home pc and read it quite often as well as some of the other links. I try not to pull it up at work due to the language issues.

retired early

April 21st, 2011
9:16 am

You GOP supporters need to know this….you are following the lead of a few misguided, radical leaders who are turning your party into a bunch of anti science, anti environment, anti government and self righteous puritans.
Anyone who hopes the GOP will not raise the debt ceiling is exposing themselves as the fools they most certainly are. No further test are needed.
Fortunately, the Independent voters are seeing your extreme political views. The GOP had 6 years under Bush and…blew it. A new GOP majority in Wi and….blew it. Michigan, New Jersey and now you have a “Tea Party” majority in the House and what are they planning…to bankrupt America.
Now that takes ALOT of stupidity. The GOP will not get another chance to lead again for decades.
As Forest Gump would say “stupid is as stupid does”.

Logic 05

April 21st, 2011
9:16 am

Jay is right. We should not cut spending … let’s just keep borrowing. The Democrats are wonderful and all Republicans are evil.

Paul

April 21st, 2011
9:17 am

jm

“Republicans don’t want to raise the debt limit, Dems do. So in return for the Dems getting what they want (higher ceiling), they have to agree to some budget trigger measures for the R’s. Simple enough….”

Doesn’t this read “Democrats want a higher debt limit, so have to give up on spending. Republicans want lower spending, so have to raise debt limit?”

Shouldn’t it be “Democrats want spending, have to give up up on tax increases. Republicans want to cut spending, have to give up on no tax increases.”

Taxes and spending is what they’re arguing over. Republicans introduced a hostage (debt ceiling) into the mix.

TaxPayer

April 21st, 2011
9:17 am

be sure to eat some Appalachicola oysters for me while you’re down there…

Get the pre-oiled ones. They go down so much easier.

lynnie gal

April 21st, 2011
9:17 am

Democrats have already compromised and cut funds for schools, the environment, heating assistance for the poor and community health centers. Enough already! The middle class and poor are on their knees now. Republicans–you’ve whipped them enough! You are officially abusers of children, the poor, the elderly, and working people. Now, you’ll finish the job by not raising the debt ceiling? That’ll hurt your only remaining supporters–mainly, the rich–so it’ll never happen. Even republicans aren’t that stupid. Their Masters–Wall Street and Corporations and the Rich–will reign in this idiocy before they push the button. So Democrats–stand up for your values and beliefs! Defend the underdogs, those with no voice in Washington, the poor, the children, the elderly–and don’t compromise with these horrific abusers of human kind.

Mary Elizabeth

April 21st, 2011
9:17 am

“That said I find it interesting that Boehner, Cantor, and Ryan were in office during 2000-2006 and were entirely complicit in driving up the debt. Yet you never here them say “yeah we were to blame too.” So you hear them NOW as if they have always been the party of fiscal sanity. They haven’t.”

“Where were you(r) deficit hawks the past decade?”

——————————————————————-

From Paul Krugman’s column 2/22/10:

“Rather than proposing unpopular spending cuts, Republicans would push through popular tax cuts, with the deliberate intention of worsening the government’s fiscal position. Spending cuts could then be sold as a necessity rather than a choice, the only way to eliminate an unsustainable budget deficit.”
—————————————————————————————–
From President Obama’s Facebook Townhall Meeting yesterday: (I parapharase) “The Ryan Plan is a radical plan because it fundamentally changes the social compact that the American people have had with their government for decades, but it is not a courageous plan because nothing is easier than finding the money to function off of the backs of the poor, the old, the vulnerable, those who have no power, or no clout in Washington.”

——————————————————
To hearing the President’s balanced approach to insuring the cutting of expenses and raising income to bring down the deficit/debt, while keeping America’s social compact with the American people, it is worth taking the time to listen to the President’s entire talk at the Facebook Townhall meeting yesterday. The president addresses Medicare and Healthcare costs, also.

“I don’t want to shift the cost of healthcare to the American people; I want to reduce healthcare costs.” statement from President Obama yesterday at the Townhall Meeting.

Check out his balanced and substantive thoughts (with details) on improving our economy while keeping a humane America:

http://www.distressedvolatility.com/2011/04/facebook-townhall-with-president-obama.html

jm

April 21st, 2011
9:19 am

innerestin

Insiders’ pick for DOD: Leon Panetta
politico.com

Normal

April 21st, 2011
9:19 am

Jackie

April 21st, 2011
9:15 am

Jackie,
I’d say: Get out, get out, raise taxes for funding, and no extension.

jm

April 21st, 2011
9:20 am

joe

April 21st, 2011
9:20 am

TOO LATE…Obama has already done more to damage our country, our capitalist system, our freedom, our worldly substance, our currency and our way of life. It will take dozens of years to correct the wrongs he’s done. He’s the worst US president ever, 100 times more horrible than Jimmy Carter. People need to wake up as our country will perish (which is what Obozo wants) with four more years of him. ABO–Anyone but obama in 2012.

PJ

April 21st, 2011
9:21 am

Paul @9:06 am – You are so right but remember those were the days when Republicans said deficts did’t matter.

stands for decibels @9:09 am – Thanks for the correction.

Dave R.

April 21st, 2011
9:21 am

“Great. Take the national economy hostage, stick a loaded pistol to its temple and threaten to pull the trigger unless you get your way. This is what we’ve come to. This is “leadership” and “statesmanship” in the modern American era.”

Yes, Jay, you’re finally correct. This is the new leadership. But you’re once again wrong in your target.

50 years of failed liberal policies have brought us to this. The ONLY adults in the room are the Republicans trying to hold the line on spending. Moody’s puts a warning on our future bond rating, and the most we get out of liberals is a big yawn (and apparently an attempt by Hope and Punt ™ to strongarm Moody’s into not announcing their warning).

The chickens have finally come home to roost on this policy failure of spending without revenue, and it’s going to get worse before it gets better. And after the farce of spending cuts in finalizing the 2011 budget (initially another Democrat failure but a great job of pulling the wool over GOP eyes), it shows that liberals are not even in the same room as conservatives, let alone in the same discussion level of seriousness regarding real, honest budget cuts.

So let them “pull the trigger” as it were. If that’s what it takes to bring the children of the Democrat party to the negotiating table with the grown ups, then so be it. There is nothing more useless than an unloaded gun, so they might as well take advantage of it while it is loaded.

Paul

April 21st, 2011
9:22 am

md

This seems a pretty serious escalation. It’d be like during the Cuban Missile Crisis if Khruschev said “we want your missiles out of Turkey” and Kennedy said “we want your missiles out of Cuba” and then Khruschev said “take your missiles out or we roll over Berlin.”

Threats to do something that cause harm are not negotiations.

stands for decibels

April 21st, 2011
9:22 am

take their credit card away!

It’s not a credit card, this isn’t a family budget; it’s the most powerful, richest nation ever on this planet, and if you can’t grasp that, go ride the flippin’ Tilt-a-Whirl or something else less intimidating.

I have RP saved as a fav on my home pc and read it quite often

ah. I see my work is done here.

Good little liberal

April 21st, 2011
9:22 am

Southern Comfort (aka The Man)

Read what you said the other day about Black men dating white women.

I know that you will never believe this, but are you aware that a very popular trend among attractive married black women is to have a white guy for a booty call?

They like our sense of humor, they like the fact that we don’t take ourselves so seriously, they like the fact that we don’t run our mouths to our friends, and the really like the things we do. But the thing they like the most is that most black men would never suspect it.

Just thought you should know.

Normal

April 21st, 2011
9:22 am

@@

April 21st, 2011
9:14 am
Ann Coulter with a keen observation.

I apologize @@, but that made me laugh out loud. Not at you, but at the keen observation part. ;)

Southern Comfort (aka The Man)

April 21st, 2011
9:22 am

If history were to repeat itself, Pres Reagan would give fine speeches stating exactly that, then in two term he’d take our $14 trillion accumulated debt and run it up to $42 trillion.

If there’s any unexplained booms around the metro Atlanta area today, I’m holding you personally responsible, Paul. I think heads exploded with that one.

md

A tax increase on me would achieve what both parties want to do. Dems would get their tax increase, and Reps would get a pay cut. It wouldn’t keep me from maintaining my independent streak either way. I know we’re in for some tough decisions, and I have no problem paying more now so that my daughter doesn’t have to shoulder the burden.

Bosch

:)

Jackie

April 21st, 2011
9:22 am

@Normal

SALUTE!

I agree with your agreement.

Julia

April 21st, 2011
9:23 am

I’m constantly amazed at how the small government worshiping GOP conveniently blocks out 2 wars and the unfunded prescription drug card give away to big Pharma under the leadership of Dubya. yes, let’s cut school lunch programs, meals on wheels for seniors, turn over SS to those bastions of ethics on Wall Street, gut the pesky EPA, FDA, etc, fooey on them all. Survival of the fittest baby, and screw everyone else.

snark snark

ty webb

April 21st, 2011
9:23 am

Lynnie gal,
you left out that republicans also beat puppies and kittens, and they also return rented movies without rewinding them.

Seth

April 21st, 2011
9:24 am

GE PROFITS JUMP 77%
TAX FREE?

Fletch

April 21st, 2011
9:24 am

What’s the big deal here? Why don’t we just take the cost of the wars off the books like before and everyone can go back to their shopping. :)

jm

April 21st, 2011
9:25 am

Look, I agree that spending is most of the problem in the Federal Budget. And Dems are full of playing games, not behaving honestly, and are trying to hang Republicans on their own proposals.

That said, I won’t take the Republicans 100% seriously until they admit that there have to be some form of revenue increases. Not tax rate increases (rather the opposite one would hope), but with the elimination of deductions instead.

TaxPayer

April 21st, 2011
9:26 am

Republicans introduced the debt ceiling as a hostage! It is sort of funny when you think through the scenarios. If the GOP does not get its way, which will not eliminate the need to raise the debt ceiling because they are not proposing cutting enough to eliminate the deficit plus interest due on the debt, they are not going to agree to raise the debt ceiling and then the US goes into default and takes its place right along side one of those GOP utopian countries like Ireland and we end up still borrowing more money but at a higher rate which requires raising the debt ceiling even more which ultimately requires raising taxes even more to cover the added cost. Sounds like a plan, just not one that leads to prosperity. Then again, the GOP could go with plan b and agree to raise the debt ceiling and they will even though they will not get what they want in return.

Normal

April 21st, 2011
9:26 am

Fletch

April 21st, 2011
9:24 am

:D

stands for decibels

April 21st, 2011
9:27 am

but that made me laugh out loud. Not at you, but at the keen observation part.

for me it was the juxtaposition of the words “Ann Coulter with a” and “Dick” just underneath. But I’m shallow that way.

md

April 21st, 2011
9:27 am

“Taxes and spending is what they’re arguing over. Republicans introduced a hostage (debt ceiling) into the mix.”

Actually, the debt ceiling has been there all along……………….

And there in lies the problem……….instead of planning for it, the misfits find ways to ignore it……..and that is why we have 14 trillion in debt……..

All you folks that hate personal analogies can skip this, but how many of you get to call your credit card companies and demand they raise your limits??

The limits are there for a reason…………………

Seth

April 21st, 2011
9:27 am

Obama dismisses terror concerns, gives rebels $25 million…

Federal Borrowing on Pace to Hit Debt Limit in Less Than Week?

yep it’s that gop that’s the problem.

JKL2

April 21st, 2011
9:27 am

buck@gon- The gun analogy might be a bit “extreme” I admit

I’m sure it’s Palin’s fault.

The big difference is leadership. Reagan had it by the bucket load and obama couldn’t recognize it unless the teleprompter gave him a clue.

Paul

April 21st, 2011
9:28 am

PJ

I’ve been struck by the similarities between Pres Reagan and Pres Obama.

Both came from humble roots, had little government experience (’little’ used by the detractors of each, so I’ll include it here).

Both were elected by riding a wave of ‘hope’ and getting rid of the malaise brought about by their predecessor.

Both massively increased spending.

Both massively increased the debt.

Both lived their adult lives professing the Christian faith, yet once in office, didn’t attend church.

Both faced charges from their political opponents that their deeds did not match their words.

And in spite of all the ways in which they are alike, the supporters of one despise the other.

Just strikes me as interesting.

josh

April 21st, 2011
9:29 am

stands for decibels…

will you be cutting the government a check for more than you owe to compensate for their wreckless spending?

Dave R.

April 21st, 2011
9:29 am

” it’s the most powerful, richest nation ever on this planet”

And you could tax the producers at 100% of their income and still not reduce our annual deficits within 5 years and our debt in less than 20 years.

It is NOT a long-term revenue problem we have. It is a spending problem. Always has been.

another prescription drug plan might help

April 21st, 2011
9:30 am

since it was so well-funded. Same goes for two wars that were “off the books”. And the Iraq wars were the only time in HISTORY that the US took tax rates down during wartime.

If this is how the GOP will solve the issues, we are screwed with either party

stands for decibels

April 21st, 2011
9:30 am

Reagan had it by the bucket load and obama couldn’t recognize it unless the teleprompter gave him a clue.

ahem.

http://s332.photobucket.com/albums/m335/dmhlt48/Teleprompter%20-%20Reagan/?action=view&current=2102fb6a.pbw

TaxPayer

April 21st, 2011
9:32 am

All you folks that hate personal analogies can skip this, but how many of you get to call your credit card companies and demand they raise your limits??

Not me. They just do it automatically. It must be my AAA credit rating.

md

April 21st, 2011
9:32 am

“Threats to do something that cause harm are not negotiations.”

You mean like doing nothing??

Paul

April 21st, 2011
9:32 am

SoCom

sorry…..

unintended consequences?

Back on topic, there is the question whether Republican House leaders understand what not raising the debt ceiling will do. If they don’t understand, they face unintended consequences. If they do understand, then it is as Jay said, they are willing to do grave harm to our country in pursuit of an ideology.

Can anyone guess what word is used to describe a person who does not care what damage he does in the pursuit of ideology?

stands for decibels

April 21st, 2011
9:33 am

will you be cutting the government a check for more than you owe to compensate for their wreckless spending?

soon as you have to as well. no problemo with me.

Tundra Dude

April 21st, 2011
9:33 am

lynnie gal@9:17

Even republicans aren’t that stupid. Their Masters–Wall Street and Corporations and the Rich–will reign in this idiocy before they push the button.

Bingo!!
They’re not afraid of Obama, but their Masters ($$$) can easily bring them to heel.

deegee

April 21st, 2011
9:33 am

If they are really serious about spending cuts then let’s go after the Pentagon. I’ll bet you can find a few billion right there.

Jackie

April 21st, 2011
9:33 am

It appears the current discussion about the debt ceiling is merely a diversion by the so-called conservatives to erase the enormous blunders made during the Bush Administration.

President Bush came into office with a budget surplus and he and the Repubs promptly gave away the surplus, started two unfunded wars without having the means to pay for them and voting to put the cost in the budget, overpaid for Medicare Part D, gave tax cuts to the rich, aided in the decimation of jobs in the USA by taking away enforcement of tax laws for the corporations.

These things have been identified as major contributors to the financial meltdown of the American economy, albeit the world’s economy.

Given those actions, the Repubs are currently attempting to erase all those items from our collective memories and giving themselves a a pat-on-the-back for “saving us” from the evils of liberals.

TaxPayer

April 21st, 2011
9:34 am

And you could tax the producers at 100% of their income and still not reduce our annual deficits within 5 years and our debt in less than 20 years.

It took decades with those tax cuts for the wealthiest to get us here so why would you not expect it to take time to undo it.

Good little liberal

April 21st, 2011
9:34 am

Paul

Obama came from humble roots? Attended Panahou Private school in Honolulu, raised by the Dunhams on one of the few properties on Oahu that actually owned their land as opposed to everyone else who have to buy 100 year leases.

Humble compared to who? The Kennedies?

Paul

April 21st, 2011
9:34 am

md

“All you folks that hate personal analogies can skip this, but how many of you get to call your credit card companies and demand they raise your limits??”

Happens all the time. In fact, I’ve had it happen when I’ve never asked it be raised –

but I take your point -

JKL2

April 21st, 2011
9:35 am

@@- Democratic Sen. Dick Durbin

He’s another crook from Chicago. Wouldn’t know what a hard day of labor is. Luckily for me I can say that without being a racist because he’s white.

jm

April 21st, 2011
9:35 am

@@

April 21st, 2011
9:36 am

When the GAO discovers waste in the hundreds of billions for the year 2010, I have to ask….”Was Obama really serious about eliminating waste?” He made that commitment in 2009, and yet in the following year? BOOM!

In her testimony before Congress last month, Kathleen M. King, Director of Health Care at the U.S. General Accountability Office (GAO), reported “improper payments” under the Medicare and Medicaid programs amounting to almost $70.5 billion for fiscal year 2010.

Is the guy just slow or what?

And from “Citizens Against Government Waste”?

WASHINGTON–(BUSINESS WIRE)–Today, Citizens Against Government Waste (CAGW) issued its weekly spending cut alert aimed at eliminating the Legal Services Corporation (LSC). LSC, which received $420 million in fiscal year (FY) 2010, distributes grant money to 138 nonprofit legal aid organizations across the country in an effort to provide free legal services for the poor. However, LSC has often used its taxpayer-provided funds not to grant legal representation to impoverished citizens, but to promote political agendas that have nothing to do with the indigent.

$420,000,000 intended to help the poor but spent elsewhere?

The GOVERNMENT is too DAMN BIG!!!!! One hand doesn’t know what the other’s doing or maybe they do.

Why should they care? It’s not their money that’s being wasted.

deegee

April 21st, 2011
9:36 am

“DHS To Replace Color-Coded Threat Scale With Two-Level Alert System.”

How much did they spend on that nonsense? Cut that crap out of the budget.

md

April 21st, 2011
9:36 am

“It’s not a credit card, this isn’t a family budget; it’s the most powerful, richest nation ever on this planet, and if you can’t grasp that, go ride the flippin’ Tilt-a-Whirl or something else less intimidating.”

Denial of the situation will not make it go away……………

When S&P warns of a downgrade on the debt………for the first time ever……..folks might want to sit up and take notice……….they don’t do that because there is no problem………

Not too long ago, we bailed out some of the richest most powerful corporations in the entire world…………..

And out of curiosity, think the USSR “planned” to go bankrupt……..

jm

April 21st, 2011
9:36 am

Paul 9:17 – they’re trying to find whatever leverage they can, because without it, the Dems get their way. That is the way of washington, power and politics.

Smokewagon

April 21st, 2011
9:37 am

Bush tried to raise the debt ceiling earlier and it was voted down by Democrats including Barak Hussein Obama. Shoe is on the other foot now isn’t it?

Paul

April 21st, 2011
9:38 am

Good little

Good catch. How about we change that line to “attended public schools” then proceed on?

WOW

April 21st, 2011
9:40 am

It’s time we stop letting China pay our bills.Sure nobody wants to see a tax increase.But every credible economist has said spending cuts alone won’t do it.In the end even Ronald Reagan conceded that amd raised taxes.But let’s put some honesty in the conversation.If it means bringing down the country to make President Obama look bad,it’s a damn shame but they are willing.

Del

April 21st, 2011
9:40 am

The sanctimony coming from the left and the party of irresponsibility is unbelievable. On second thought it is believable because sanctimony is a leftist trademark. The pacifier of deficit spending and absurd tax the wealthy solutions has to be removed from these spoiled children in the White House and in congress. If that means holding the debt ceiling so these fools can’t borrow anymore money, then that’s exactly what needs to be done. Hopefully, the campaigner and chief narcissist will face up to the fact that serious spending and debt reduction is an absolute must.

ken

April 21st, 2011
9:41 am

“We will do it on the backs of the poor”,,what a pathetic man Obama is

josh

April 21st, 2011
9:41 am

soon as you have to as well. no problemo with me.

if it’s no problem for you, then go right ahead and cut the government a check for more than you owe and let them waste some more of your money. personally, i’m tired of both sides going on spending sprees.

larry

April 21st, 2011
9:41 am

All of these posters telling people to voluntary give more money to the government, we do it anyway. This year it is an extra $2200.
Lets go after these tax cheats because it is raising taxes for everyone.

http://finance.yahoo.com/blogs/daily-ticker/tax-cheats-cost-uncle-sam-3-trillion-cost-173224779.html

Paul

April 21st, 2011
9:41 am

@@

I made the point days ago – the GAO issues a study documenting hundreds of billions of dollars of waste, duplication, etc. Yet Democrats do not say ‘this is waste, we can cut it without harming the target audience” AND Republicans ignore it, instead pressing on with their program to cut social services and gut Medicare.

I kinda think reducing federal spending by the hundreds of billions identified would go a long way toward addressing the problems.

Lil' Barry Bailout

April 21st, 2011
9:42 am

I hear a bunch of the Obozo fellators whining about the cost of Medicare Part D, but they somehow never get around to calling for reducing or eliminating it. You do know that your Idiot Messiah made it even MORE expensive adding new benefits to it, right?

Hypocrites.

The Carnivore

April 21st, 2011
9:42 am

We can’t raise the debt limit any longer. We must cut back significantly on everything, right now. Spending should revert to 1997 levels, not 2009 levels. Our credit rating is about to be downgraded. Social Security will not be around in 30 years anyway no matter what is done; we need to be slowly phasing it out now rather than trying to keep it alive and making things worse.

I am not willing to steal from future generations anymore. Let’s take the axe to everything.

md

April 21st, 2011
9:43 am

Paul and Tp,

Guess I should have included “with all the same conditions” in my analogy……….doubt highly either of you would have your limits raised if your outstanding balance was bumping up against the limit………

But you 2 do prove my point to an extent……..don’t spend too much, and one won’t have the problem.

Paul

April 21st, 2011
9:43 am

poor lil

It appears, from what I read, he attended one year of public school in his primary years. Three at Catholic school.

But you get the drift from the other elements listed -

Libertarian

April 21st, 2011
9:44 am

the GOP “will not grant their request for a debt limit increase” without major spending cuts or budget process reforms.

OH THE HORROR!

S&P’s negative outlook wasn’t enough of a warning that something needs to be done??

The Truth

April 21st, 2011
9:45 am

April 21st, 2011
9:29 am
” it’s the most powerful, richest nation ever on this planet”

Dave R, there is no rationale with this bunch, they have sniffed Obama’s rear so long they can not think for their selves.For example saying we are the richest nation on this planet, wealth is nothing when there is an IDIOT in the White House that does not know how to balance a check book or know when his credit card is over the limit.

UGA1999

April 21st, 2011
9:45 am

Jay….GOP “will not grant their request for a debt limit increase

Are you really surprised….didnt you say that we should attack the debt issue from all sides?

“Taking the nation hostage” that really depends from what viewpoint you are looking from.

USMC dawg

April 21st, 2011
9:46 am

“Jay the Liberal, tax and spend guy! WE DO NOT HAVE AN INCOME PROBLEM IN THE FED. GOVT., WE HAVE A SPENDING PROBLEM! When will you guys understand this!!!! Hello!”
-Taxguy

Jay understands this very well. He is blinded by his twisted world views “FAIRNESS” and loathing of American societal norms.
That is why his Intellectual Dishonesty is so evident in all of his articles. He uses charts and such for his Ditto-head minions to get a good clap, but Jay realizes deep down that if you confiscate ALL 100% of the top earners income our problem will not go away.
Our country has a SPENDING problem.
As usual, Jay, while a super nice and well meaning guy in my opinion, is guilty of letting his far leftwing political philosophy trump his better judgment.

josh

April 21st, 2011
9:46 am

larry,

the tax loopholes are there b/c of politicians. they’re the ones who created the tax code in the first place. you can’t blame these “evil corporations” for taking advantage of the current tax code. individual citizens do it every day with bogus write-offs…it’s just on a much smaller scale than big companies. the politicians are to blame for the tax code.

john

April 21st, 2011
9:47 am

The GOP would like to take us back to the “Good old days” No health insurance, no social security, no helping the poor and needy. Wow, what a great political party to belong too!

Ivan

April 21st, 2011
9:47 am

You complain about a statement a Republican made about taxes, yet Obama extended those “tax cuts for the rich”.

I thought actions spoke louder than words.

Paul

April 21st, 2011
9:48 am

9:40

WOW?

Is that really you?

http://tinyurl.com/3gr37yh

Scott

April 21st, 2011
9:48 am

Jay ” i cannot imagine leaders of any other era, of any party or ideology, threatening to do severe long-term damage to the country as a means of winning a political argument”

I can…Start with our current president when he voted against raising the debt, later stating that the move was merely political. He did then what Cantor is saying he wants to do now. I am sure you were okay with it then though right because there was a Rep in the White House.

Dave R.

April 21st, 2011
9:49 am

Libertarian: “S&P’s negative outlook wasn’t enough of a warning that something needs to be done??”

Smartest post of the day!

Southern Comfort (aka The Man)

April 21st, 2011
9:49 am

Good little liberal

????

Honestly, I don’t care what two people do, or what races they do it with. Everyone’s entitled to be with whomever they choose to be with. End of that discussion.

Paul

April 21st, 2011
9:50 am

md

Like I said earlier, in spite of that , I take your point -

stands for decibels

April 21st, 2011
9:50 am

think the USSR “planned” to go bankrupt…

Who knows. All I know is, we’re in much better financial shape than the USSR could have ever hoped to have been, md.

When Texas and, oh, let’s say Washington Sate have exploded into armed civil conflict, and we’re also sending massive ground troops into Mexico to keep the drug war from spilling over here, we might have a somewhat parallel situation.

getalife

April 21st, 2011
9:50 am

Playing politics then giving us fake reforms is politics as usual.

Nothing changes until we get election and lobbyists reform.

Nobody is even proposing it.

Everybody is gaming governments systems with little accountability.

Another collapse is inevitable and will be more expensive next time.

Lil' Barry Bailout

April 21st, 2011
9:51 am

john
April 21st, 2011
9:47 am

The GOP would like to take us back to the “Good old days” No health insurance, no social security, no helping the poor and needy. Wow, what a great political party to belong too!
———–

Link please.

Didn’t think so.

jconservative

April 21st, 2011
9:51 am

Some interesting numbers on the National Debt by the Fiscal Year ending. Notice that both Democrats and Republicans are fully responsible; there are no “holier than thou’s” in this crowd.

9/30/2009 11,909,829,003,511.70 Last Bush budget
9/30/2001 5,807,463,412,200.06 Last Clinton Budget
9/30/1993 4,411,488,883,139.38 Last Bush Budget
9/29/1989 2,857,430,960,187.32 Last Reagan Budget
9/30/1981 997,855,000,000.00 Last Carter Budget
9/30/1977 698,840,000,000.00 Last Nixon/Ford Budget
6/30/1969 353,720,253,841.41 Last Johnson Budget

Notice the debt really begins to expand under Carter. And remember that the American people only started screaming about the numbers immediately after Obama was sworn in in January 2009.

The increasingly large deficits and increasing National Debt did not seem to bother the American voter for the last 31 years. Despite large deficits Reagan, Clinton and Bush 43 were reelected by the voters.

In short, the National Debt we have today of $14.4 trillion was allowed to accumulate by the American voters.

Congratulations on your achievement.

TaxPayer

April 21st, 2011
9:51 am

I see GE has made more profit this past quarter. Perhaps Obama is planning on borrowing some from Immelt. It would only be the fair thing for Immelt to do given that he borrowed from us when he needed money.

md

April 21st, 2011
9:52 am

“The GOP would like to take us back to the “Good old days” No health insurance, no social security, no helping the poor and needy. Wow, what a great political party to belong too!”

Do you think those programs will be available if we end up in bankruptcy?

Ask the good folks from the USSR if they got to keep all the goodies……..or Greece…..

stands for decibels

April 21st, 2011
9:53 am

????

it’s true, SoCo. I can’t tell you how often I have to fend off all these hawt attractive married sistahz ringing me up. Drives the Mrs. crazy it does.

Mighty Righty

April 21st, 2011
9:53 am

The present “gun to the head” holder is the dishonest Obama, the Democrts and the liberal controlled media. It would be helpful if the media would become part of the solution instead of the part of the problem, but unfortunately, their political loyalty out weigh common sense. This President, and Nancy Pelosi’s Congress and Harry Reid’s Senate, not George Bush, not Eric Kantor, not Paul Ryan; spent more tax dollars, and put this country deeper in debt, than any group of politicians, ever in the history of this country. These same people, Obama, Pelosi, and Reid, now blame the “Rich” taxpayors for what they themselves did. For the President and his hacks to blame the so called “Rich” for the debt crisis is like blaming a thermometer for the temperature. Obama and the Democrats spent more of our money than the entire income of the “Rich.” Now these “economic geniuses” who caused this problem are going to solve the problem by guess what, spending more, excuse me, investing more. Please, please, Republicans, stop this madness. The Democrats are destroying our country. Paul Ryan may not have all of the answers, but he does understand one thing that no Democrat, and no member of the liberal media seem to be able to grasp. He understands that to reduce spending, one must reduce spending. The very fact, that liberals don’t understand this axiom is all one needs to know to understand how we got into this mess and why as long as liberals control the white house and the senate there is no hope for a solution.

The Thin Guy

April 21st, 2011
9:53 am

Since this is a day ending in ay we have another column by Jay Bookman accusing the GOP of imperiling the nation. And, for once, he’s right. The GOP didn’t go nearly far enough. We need massive spending cuts and massive tax cuts. Economics is more black magic than science. George Bernard Shaw said if all the economists in the world were laid end to end they still wouldn’t reach a conclusion (often attributed to Harry Truman). Truman did say he’d like to find a one handed economist. But there are some simple principles that are obvious. Such as the worth of anything is inversely proportional to its volume. If gold were as common place as sand it would be worthless. So if the government keeps printing money as fast as the ink will go on paper, no matter how much you have, its value will decrease. If taxes are cut, taxes revenues will increase because that is the only thing that stimulates the economy. It is not trickle down. It is torrent down. The Porkulus bill in 2008 stimulated absolutely nothing. And Marxist Medicine when its kicks in 3 years from now will totally destroy our economy and the quality of American medical care. But this is what George Soros wants and his puppet Jug Ears is more than happy to shovel the dirt on our graves.

Del

April 21st, 2011
9:54 am

Democrats continue to do real damage to country.

@@

April 21st, 2011
9:54 am

Paul:

I would argue that there’s a critical difference between Reagan and Obama.

Reagan was, at one time, a Democrat (of the old school) who saw the light. With age comes wisdom.

Obama is a democrat of the new left order. He’s still wet behind the ears ’cause his brain’s been sweated. He has no lifetime experience on which to draw.

USMC dawg

April 21st, 2011
9:54 am

“Nothing changes until we get election and lobbyists reform.”-getalife

Obama Already Breaking Promises On No Lobbyists In Administration:
http://www.youtube.com/watch?v=2SlBlvirqA0

Hope and Change!

JKL2

April 21st, 2011
9:54 am

Mary- I don’t want to shift the cost of healthcare to the American people; I want to reduce healthcare costs

I guess he should of thought of that before shoving obamacare down our throats. I guess he’ll have to repeal his own bill now.

getalife

April 21st, 2011
9:55 am

rove is blasting you cons for ruining the gop’s chance in 12.

He gets unlimited corp. donations but can’t win us Independents with decisive, unhinged cons pulling the gop into radical territory.

Keep up the good work cons because rove is right.

Go radicals.

PJ

April 21st, 2011
9:56 am

Paul @9:28 am – Very astute observations.

Jackie

April 21st, 2011
9:57 am

Did anyone notice that those who have been loaning us money having been shorting the market in that they have moved from purchasing long-term bonds (30 years) to the more short-term (3 and 5 year) bonds.

Many savvy investors have noticed that we gave away the store during the Bush era to satisfy and political objective.

Did someone mention the adults were now in charge?

md

April 21st, 2011
9:58 am

“Who knows. All I know is, we’re in much better financial shape than the USSR could have ever hoped to have been, md.”

Are we??

Hasn’t Japan been trying to come out of a funk for the past decade??

I understand the optimism based on historical data/performance, but what happens if the “projected” income never materializes?

Take a look at the budgets……they are based on projections……..not worse case scenarios.

Ever do any 5 or 10 year plans where you take all options/courses into account??

Projected income is a gamble…….we are banking on the better outcomes.

UGA1999

April 21st, 2011
9:59 am

Getalife….have you looked at the latest polls?? Trump is virtually in a dead heat with Obama. Wait until the debates start. This is going to be fun.

getalife

April 21st, 2011
9:59 am

dawg,

The President was crushed by corporate media, corporate power and the coc (chamber of commerce) when he tried to fight citizen united.

He is playing the game now and plays it well.

You keep posting old con talking points and articles that have been posted many times here.

Try something different dawg.

Try an original thought like I just posted.

Glad I could help.

Paul

April 21st, 2011
9:59 am

@@

“Reagan was, at one time, a Democrat (of the old school) who saw the light. With age comes wisdom.”

Yeah, but in spite of changing party labels, Reagan just couldn’t give up those Democratic ideals of massively increasing the debt and massively increasing taxes, could he?

:-)

Scott

April 21st, 2011
9:59 am

Jay, if you are saying that is the GOP holding the gun to economy’s head, why didn’t you say the same thing with the Dems and having to get Obamacare passed? That costly behemoth only increases our deficit, kills jobs, and the economy. While people were losing their jobs left and right and the economy was losing steam, rather than focusing on measures to increase job growth, all the Dems wanted to do was “never let a serious crisis go to waste” and pass a pork laden bill that most people do not want. Way to put the gun to the economy’s head Pelosi, Reid, and Obama.

Atlas Shrugging

April 21st, 2011
10:00 am

So Obozo’s campaign strategy is to go college campuses, where almost no one PAYS “income tax”, to buy votes with the money stolen from those of us that do PAY “income tax”. New definition of taxation without representation.

jm

April 21st, 2011
10:00 am

“Obama: Republican budget plan is ‘radical’”

Hyperbole

retired early

April 21st, 2011
10:00 am

The Democrats budget reduction plan will be the product of bipartisan input, will be reviewed by the CBO to verify it’s accuracy and will Actually reduce the deficit. This is why raising the debt ceiling is not the time to do an annual budget…they are separate issues. The Talking heads on the Right want you to think we Dems have no plan…which they know is BS…but it gives them something to “talk about”.
Where was Boehner ,Cantor, McConnell, Limbaugh from 2000 to 2006…the first 3 were serving in the GOP legislature…now they are “budget hawks”. do you know the definition of a hypocrite ….the entire GOP under Bush who are now “Tea Partiers”.

getalife

April 21st, 2011
10:00 am

UGA1999 ,

trump is a publicity stunt and will not run.

He is broke.

Dave R.

April 21st, 2011
10:00 am

Jackie, here’s a clue:

Bush is no longer President.

If you keep trying to assign blame, without trying to fix the problem, the problem NEVER gets fixed.

Where is your solution? Or for that matter, where’s one from Congressional Democrats?

Paul

April 21st, 2011
10:01 am

@@

“He has no lifetime experience on which to draw.”

Funny, I always pictured you and Pres Obama as about the same age – you, maybe even a bit younger.

getalife

April 21st, 2011
10:01 am

jm,

Voting to end Medicare is radical.

Jackie

April 21st, 2011
10:01 am

It should have read “to satisfy a political objective.”

TaxPayer

April 21st, 2011
10:02 am

I propose starting to reduce the deficit by implementing the absence of a continued tax cut on the wealthiest starting in 2013.

Southern Comfort (aka The Man)

April 21st, 2011
10:03 am

dB

:lol: So, that’s how they’re getting the Mercedes to drive to ______ and use their EBT card to purchase __________. They’re using a borrowed car from their booty call. :lol:

Dave R.

April 21st, 2011
10:03 am

“will be reviewed by the CBO to verify it’s accuracy”

There’s your sign . . .

Dave R.

April 21st, 2011
10:04 am

“Voting to end Medicare is radical.”

Except that there is no proposal to do so . . .

Fletch

April 21st, 2011
10:05 am

jconservative – “In short, the National Debt we have today of $14.4 trillion was allowed to accumulate by the American voters.”

Nice! :)

getalife

April 21st, 2011
10:05 am

Lets cut the crap cons.

You don’t want the wealthy to sacrifice anything so you are lying about caring about the deficit

You are playing radical games and rove is begging you to stop but you can’t because you are children.

larry

April 21st, 2011
10:06 am

Voting to end Medicare is radical.

And i don’t think its going to happen judging the reception Mr. Ryan got at his townhall meeting last night.

TaxPayer

April 21st, 2011
10:06 am

I know. Let’s rely on analysis from the Heritage Foundation. After all, they can perform miracles such as getting unemployment down to 2%. That must be why Ryan used them to help come up with his yellow brick road map.

getalife

April 21st, 2011
10:07 am

“Except that there is no proposal to do so . .”

Stop lying dave.

The ryan death budget.

Admit it .

reebok

April 21st, 2011
10:07 am

the GOP has no interest in solutions, they want a fight and they want the power back. we moderates has watched with bemusement as the GOP tacked relentlessly to the right, treating kooks and has- beens like Palin, Trump and Gingrich as if they are relevant, figuring they are only hurting themsleves…now, however, i agree with Jay…this has stopped being about ‘the loyal opposition’ or politics as usual and become an obvious willingness to wreck an economic recovery in the name of partisanship and ideology.

OK, that’s my rant for the morning, back to work…

Scott

April 21st, 2011
10:08 am

Atlas Shrugging….The funny part is that the guy is trying to get votes of the nation’s youth who will not even realize that their votes for this clown will hurt them a lot in the future. They have no idea that they will not reap any of the benefits of the social security or medicare when he is through destroying this country. They have no idea that by voting for him, they are basically voting for future tax increases on themselves. He takes advantage of the nation’s youth because he realizes that they don’t care about issues…only about voting for the next American Idol. Sad….but true.

md

April 21st, 2011
10:09 am

“Did anyone notice that those who have been loaning us money having been shorting the market in that they have moved from purchasing long-term bonds (30 years) to the more short-term (3 and 5 year) bonds.”

And what is interesting, it is US buyers that are bailing on the bonds…………………

vince neil

April 21st, 2011
10:09 am

so going to 08 spending amounts is a catastrophic event? My spending has had to be decreased due to changes in income and I will make it happen….just DAMN!

BMDPD

April 21st, 2011
10:09 am

I guess the Democrats have only done fake damage with organizations like Fannie and Freddie, right?

Keep Up the Good Fight!

April 21st, 2011
10:10 am

Sadly Scott underestimates the nation’s youth. But don’t worry, the Republicans will use all efforts to deny them their constitutional vote.

Jackie

April 21st, 2011
10:10 am

@Dave R.

For starters, President Obama is the President of the USA.
Secondly, to fix the problem, we have to raise the debt limit; let the Bush-era taxes expire; remove “special” items from the corporate tax code; tax those corporations that maintain their corporate offices in the USA but move their monies offshore; get our troops out of Afghanistan and Iraq; reduce the out-of-control Pentagon budget by $500 Billion IMMEDIATELY; reduce the Medicare Part D funding; bring about a single-payer health care system; have a %7 percent tax paid by citizens to cover all health care, much like that of Australia; reallocate funding for our schools and infrastructure.

These are just a few of the things we could do to bring our economy back to equilibrium.

md

April 21st, 2011
10:11 am

“The Democrats budget reduction plan will be the product of bipartisan input, will be reviewed by the CBO to verify it’s accuracy and will Actually reduce the deficit. This is why raising the debt ceiling is not the time to do an annual budget…they are separate issues. The Talking heads on the Right want you to think we Dems have no plan…which they know is BS…but it gives them something to “talk about”.”

Probably would have helped if they had actually done a budget when it was supposed to be done……..pushing them all back a year isn’t a very good strategy……….

Scott

April 21st, 2011
10:12 am

larry “Voting to end Medicare is radical.

And i don’t think its going to happen judging the reception Mr. Ryan got at his townhall meeting last night.”

Unfortunately, nobody even understands what the guy is proposing. The lib media spins it totally out of control stating that everybody will lose medicare benefits, including those already in the system. When you actually read the bill and listen to Ryan, that is not at all what is being proposed. He is talking about transforming future benefits, but that falls on deaf ears because the media only wants to believe the lies being spewed by Obama, Pelosi and Reid. Such a scam.

Dr. Pangloss

April 21st, 2011
10:12 am

In Texas we like to tell Aggie jokes.

An Aggie comes home and finds his wife in bed with another man. He pulls out a gun and aims it at his own head. They both start laughing at him. “You laugh, you sumbitches, but you’re next,” he retorts.

Republicans must be Aggies.

Fletch

April 21st, 2011
10:12 am

Hey, if the Republicans didn’t want to deal with Obama, they shouldn’t have let him win the election by witholding the secret Kenyan Birth scenario until after he won.

deegee

April 21st, 2011
10:12 am

LOLOLOL! I saw the Michelle Bachmann interview yesterday morning. Apparently the Republican talking points include hanging the extension of the Bush tax cuts exclusively on Obama. I couldn’t believe that George Stephanopolous let that one slip by but he was marching on to the birth certificate issue.

UGA1999

April 21st, 2011
10:13 am

Keep…..and you are so sure the way the “youth” will vote? Why is that? Have you seen the lastest polls?

How do you think the Repubs will deny them their votes?? This should be good.

stands for decibels

April 21st, 2011
10:14 am

Are we??

Hasn’t Japan been trying to come out of a funk for the past decade??

While both are/were major economic powerhouses with some lessons to impart, whose health or lack thereof affected vast numbers of people–neither are/were in a position to literally dictate terms to others in a manner that we are today.

(that said, I imagine if one asked the average median-incomed Japanese if they’d trade places with their median-incomed counterparts in the States during those economically funky times. Somehow I doubt there’d be many takers.)

md

April 21st, 2011
10:14 am

“You don’t want the wealthy to sacrifice anything so you are lying about caring about the deficit”

Hmm……wonder how many of those wealthy are still paying loans from not sacrificing 15 years of their lives going to school……………….

outlawgod

April 21st, 2011
10:14 am

I see, Democrats create a new social program (SS, Medicare, etc), republicans spend the rest of their existence weakening/killing the program, and then Republicans have the gall to say the program is a failure

getalife

April 21st, 2011
10:15 am

Scott,

Your lies will not work here.

Try kyle wingnut’s blog con hack.

ryan’s death budget is radical.

Jackie

April 21st, 2011
10:15 am

@md

Do you realize there is a law that requires all excess Social Security funds be invest in USA bonds?

Scott

April 21st, 2011
10:16 am

Keep up… “Republicans will use all efforts to deny them their constitutional vote.”
Yeah…I guess we will have a couple of guys from the Black Panthers sitting outside of polling places with baseball bats. Oh wait….that was the Dems doing that. Sorry.
Why would I think that our youth only treats the Presidential election as a popularity contest? It obviously worked on somebody as narrow-minded and oblivious to reality like you.

Keep Up the Good Fight!

April 21st, 2011
10:17 am

uga — I have no idea how the “youth” will vote. I do support the right of all citizens to vote and participate in government.

UGA1999

April 21st, 2011
10:17 am

Getalife….why are you so hostile? Lets try to have an adult debate/conversation.

md

April 21st, 2011
10:17 am

“Sadly Scott underestimates the nation’s youth.”

Probably not………they’re being skimmed as suckers on their student loans and most probably aren’t even aware of it…………….

larry

April 21st, 2011
10:18 am

Scott, i know exactly what he is proposing and nobody likes it at all.

I mean in ten years we start getting a voucher to buy private insurance instead of Medicare.

I would like to know how many private insurance companies are going to insure 65 year olds with pre-existing conditions? My guess is none. So there is the reason why people in his own district were booing him last night. It is a bad plan and it will go nowhere.

UGA1999

April 21st, 2011
10:18 am

Keep….as do I. I am just trying to understand the nature of your last comment.

TnGelding

April 21st, 2011
10:18 am

Somebody remind him there’s another election coming up next year, but I see no reason why the budgeting process couldn’t be changed to accomodate everyone. Something drastic clearly needs to be done. What about a progressive tax of 10, 20 or 30% on gross income with no deductions and no exemptions on the first $100, $200 and $300k?

If the vote can get to the floor it will pass with bipartisan support. The interest on the debt is going to eat us alive unless we can start working it down. Fortunately, most of it goes to the government in an accounting entry or to U.S. entities.

Keep Up the Good Fight!

April 21st, 2011
10:19 am

Scott, or you could have Rove or some of those Houston area tea party guys hanging outside or discouraging voting by any number of means. You still scared of 3 guys? Boo!

jm

April 21st, 2011
10:20 am

getalife – it is not the end of Medicare. And in particular for those 55 and older.

getalife

April 21st, 2011
10:20 am

UGA1999 .

Hostile?

Well most of Americans are sick of the con lies and radical games but you have not seen hostile from me yet.

We should be demanding real reform instead of playing childish politics as usual.

TnGelding

April 21st, 2011
10:21 am

It’s the end of medical care for many under the age of 55 when they reach 65.

jms

April 21st, 2011
10:22 am

Let’s hope they do real damage to the national debt.

UGA1999

April 21st, 2011
10:22 am

Keep….so far that has not happened. However I can post proof of voter intimidation by the left at the last election.

md

April 21st, 2011
10:22 am

“While both are/were major economic powerhouses with some lessons to impart, whose health or lack thereof affected vast numbers of people–neither are/were in a position to literally dictate terms to others in a manner that we are today.”

Which is why other world powers are tossing around the idea of another reserve world currency………..they don’t like it one bit……I’d look for that little revolution to unfold somewhere down the road……….

As I said……projections……based on historical data……in a rapidly changing global market……

And those same projections has the US as the #2 economy in the not to distant future……….

Keep Up the Good Fight!

April 21st, 2011
10:22 am

uga…you don’t understand that someone claiming that America’s youth only careabout voting the next American Idol is underestimating our youth?

Jackie

April 21st, 2011
10:22 am

@TnGelding

It appears many who believe the debt ceiling should not be raised do not understand contractual obligations of debt service.

UGA1999

April 21st, 2011
10:23 am

Getalife…..”most of america is sick of the con lies”.

Prove it….have you seen the latest polls. Do you remember what happened in the latest elections?

You dont think Obama and his crew play childish politics??

TnGelding

April 21st, 2011
10:24 am

The tragedy is it didn’t have to be like this. Butterfly ballot?

jm

April 21st, 2011
10:25 am

A bad time for Obama’s approval dip
By Sam Youngman – 04/20/11 06:25 AM ET

President Obama’s approval ratings are plummeting, and the timing is terrible for the White House.

Even as Obama skewered Rep. Paul Ryan (R-Wis.) and the House GOP budget plan, his approval rating dipped in a Gallup poll to 41 percent, the lowest number yet of his presidency.

http://thehill.com/blogs/ballot-box/obama-rerun/156889-obamas-approval-rating-falls-at-bad-time

Jackie

April 21st, 2011
10:25 am

@md

Do you believe the USA will loose enough market share in the next few years that it will be supplanted as the world’s largest economy?

TnGelding

April 21st, 2011
10:26 am

Maybe Obama should get Buffett, Gates and the rest of the top 2% of the wealthiest among us to cosign?

getalife

April 21st, 2011
10:27 am

“The tragedy is it didn’t have to be like this. Butterfly ballot?”

More consequences of the w disaster.

We will see more consequences.

The Teleprompter Caliphate of Socialist Union thugs - Bingo!

April 21st, 2011
10:27 am

Yeah, let them ruin that AAA credit rating, after Little Nero w/a Cowboy Hat’s reign of Error, and that will be the last straw for The people. We will be rid of Them at least for the rest of my lifetime.

jm

April 21st, 2011
10:28 am

You know, if the Dems would introduce a plan that actually cut spending and reduced the deficit, Republicans would sign off on the debt ceiling increase no problem.

All R’s are asking is that D’s do what they should be doing, instead of playing the “blame Bush again” game.

Keep Up the Good Fight!

April 21st, 2011
10:28 am

uga, voter intimidation should never by tolerated whether by the Kochs or by any other group. I agree with the following:
For every voting-age citizen, America’s irreducible goals should be:
•everyone who wants to be registered, is registered;
•everyone who wants to vote, can vote;
•every vote that is cast is a vote that is counted.

ml

April 21st, 2011
10:28 am

i don’t have a party, but can see that will democrats are inept, the most harm done to this country has come from republicans. the hate the division in this country all attributed to them. i learned from republicans that when you join a political party you feel obligated and forced to stick up for that party even when they are obviously and horribly wrong for fear a looking like ya might have made a mistake and someone else that you just got through putting down and name calling would be able to see it and might be right in something you argued about earlier. can’t have that. this from the ones who claim to be the strongest and the toughest. this from the ones who say ‘united we stand’.
united we stand is not the same thing as ‘you’re with us or you’re against us’. there is a difference. the party that has been in power for, and i love this one, approx. 66.6% of the time since 1980 should not be throwing stones at anyone else! that is a good majority of the time. so what were you doing during all that time? the fact that a tea party was created is the biggest admission of fault and guilt by republicans. for they can’t come right out and say they were wrong and mistakes were made, you can’t do that after so dishonorably tearing down anyone who dare oppose you just to win at all costs. stupid ideas like ‘trickle down’. because then you would have to admit to fault, initial knowledge of that fault and the evil tactics used to hide what you knew was wrong in the first place. from illegal immigration to union busting we can clearly see now, all of us even the ones that would let their pride fly this plane into the ground rather than admit it, all of us can see that the republican party is not the party of the working man, but the party of the rich, the same people that have everything already.

jm

April 21st, 2011
10:29 am

FACT: Republicans have agreed to increase the debt ceiling. If it doesn’t happen, its Obama’s fault.

Sid

April 21st, 2011
10:29 am

everybody assumes they either raise the limit or we default but amazingly nobody’s talking about the third (likely IMO) option: they don’t raise the limit, we hit it & treasury/fed simply ignore the law & maintain business as usual. with all the laws they’ve ignored/broken this far in the crisis & DOJs unwillingness to prosecute blatant law-breaking by the major financial players what makes anyone seriously believe they’ll actually stop selling new debt just b/c they hit a statutory limit?

md

April 21st, 2011
10:29 am

I remember quite well my democratic card carrying days as a college youth……my friends and I were poor as dirt, and all we cared about was ta-ta’s, booze, and voting for the evil rich to give us our due………..

Jay

April 21st, 2011
10:29 am

“You know, if the Dems would introduce a plan that actually cut spending and reduced the deficit, Republicans would sign off on the debt ceiling increase no problem.”

No, they wouldn’t, jm, and you know they wouldn’t. The Dem plan in question would also raise taxes as part of the solution, and the GOP has made it clear they will never accept such a step.

Correct?

@@

April 21st, 2011
10:30 am

Paul:

Reagan was the first president I had the privilege of voting for. There was something about his demeanor. You would never hear him say “We won!”

Obama couldn’t even come close to Reagan’s agreeable nature…his mastery of the 11th Commandment.

Tax Reform Act 1986

As per Tax Reform Act 1986, Reagan set out to achieve two broad aims – he tried to make the tax base broader and also do away with any partiality in US tax structure. This followed a certain procedure. The process was initiated with the proposals by Democrats Dick Gephardt and Bill Bradley in 1983. This was succeeded by the plan prepared by US treasury as per Reagan’s instructions.

The act was a bipartisan one and attempted to be revenue-neutral. It lowered the top marginal rate and also, to a certain extent, removed various loopholes in US tax system. It also did away with exceptions and preferences. This meant that effective taxes could be imposed on areas that had been previously provided with tax related favors.

Have I not said I’m in favor of such measures???

Now leave me alone. You’re a bit too squishy for me.

Atlantan

April 21st, 2011
10:30 am

“The GOP Threatens Real Damaga” – oh you mean unlike the 1.5trillion dollar deficit this year alone that Obama has put us under, the massive deficit he created in cahoots with Nancy and Harry, the new war we are engaged, $5.00 a gallon gas prices…..

marky mark

April 21st, 2011
10:31 am

THIS is NOT “a means of winning a political argument”. thats just *()(*&&*&*^it. This is trying to turn the tide of financial disaster that this country is heading toward. And its attitudes like this that caused us to be downgraded by one of the top financial groups in the country……

getalife

April 21st, 2011
10:33 am

Good stuff ml,

Always good to read honest facts.

Thanks.

UGA1999

April 21st, 2011
10:33 am

Keep….so you think convicted felons should be permitted to vote?

jm

April 21st, 2011
10:33 am

Jay 10:29 – I don’t think the Republicans in the Gang of Six would agree with that statement, and some of their extensions. Both sides have laid out their “untouchables” which will have to be touched.

There’s not enough time for real budget measures by the end of July. But there is enough time to introduce real meaningful mechanisms (Savego / Club in the Closet).

Del

April 21st, 2011
10:33 am

Kudos to Sen. Mark Pryor Ark. who stated that he would vote against raising the debt ceiling unless meaningful spending and debt reduction measures are implemented. Will more Dem’s join him?

UGA1999

April 21st, 2011
10:34 am

Keep….did I say a word about American Idol or the importance of the youth vote in the next election. I just think your assumption of knowing how they will vote is a little ignorant.

Scooter (The Original)

April 21st, 2011
10:34 am

I, for one, want to see politicians talk seriously about spending cuts and entitlement reform before talking about plundering more money from any of my fellow citizens. It seems Paul Ryan is the only one willing to engage in that conversation.

Harry Reid and most dems called 32 billion in fake cuts draconian and heck, Reid wouldn’t even come to the Social Security reform table if private accounts were to be an option for “free” American citizens. Very few Democrats are serious about what it’s going to take to right our fiscal house. We are entitled to the PURSUIT of happiness, not the government’s provision thereof… entitlement reform is key! Unfortunately, too many people want to remain latched onto a nipple and go down with Mother America.

Steve

April 21st, 2011
10:35 am

Jay Bookman’s daily schedule….

9:00 AM – Wake up.
9:01 AM – Take a bong hit.
10:00 AM – Publish editorial bashing GOP.
12:00 – Eat lunch.
12:30 – Take bong hit.
1:00 PM – Prepare for next day’s bash of the GOP or blind support of Obama.
3:00 PM – You guessed it…take a bong hit.
6:00 PM – Eat dinner and bash the GOP with liberal friends.
7:00 PM – Watch MSNBC and Chris Matthews and get a tingly feel in his leg.

Libertarian

April 21st, 2011
10:35 am

“Well most of Americans are sick of the con lies and radical games but you have not seen hostile from me yet.”

There are a lot of Americans who are sick of Washington waste and of picking up the tab for all of the parasites in this country who can’t work, earn, and save their own money.

BMDPD

April 21st, 2011
10:36 am

Real damage? Real damage? Let’s talk about real damage. Real damage had been done to this country for years by the Dems. Real damage is leading the poor and minorities to believe that they need the government. That is REAL damage.

md

April 21st, 2011
10:36 am

“Do you believe the USA will loose enough market share in the next few years that it will be supplanted as the world’s largest economy?”

Not in the next few years, but more than likely in the next 20-30………

China has all the variables in place that we had many years ago……and their biggest asset is cheap labor………which will lead to huge growth and consumerism within their own country….much like it did here before our labor costs got too high……….

jm

April 21st, 2011
10:37 am

Jay 10:29 – BTW, if my argument is at all facetious, then so is the argument made by the Unions in Wisconsin saying: “we’ve already agreed to compensation changes.”

Keep Up the Good Fight!

April 21st, 2011
10:37 am

UGA, in most cases, yes after they have served their time.

getalife

April 21st, 2011
10:37 am

Scooter,

My memory is bad but do not recall your sudden concern for the deficit when w blew Clinton’s surplus on unfunded wars, drug company welfare along with welfare for many corps and tax cuts.

Mary Elizabeth

April 21st, 2011
10:38 am

JKL2 @ 9:54 am

“Mary- I don’t want to shift the cost of healthcare to the American people; I want to reduce healthcare costs

I guess he should of thought of that before shoving obamacare down our throats. I guess he’ll have to repeal his own bill now.”

—————————————————————————-
JKL2,

Thank you for responding to my post at 9:17 a.m.. I hope readers will listen to President Obama’s comments – in substantive detail – regarding his thoughts on the deficit/debt, healthcare delivery, jobs, etc. at the link I gave at 9:17:

http://www.distressedvolatility.com/2011/04/facebook-townhall-with-president-obama.html

Also, please note the following, JKL2@ which was on “google” in the LA Times:

“If congressional Republicans are successful in killing the healthcare reform law, the Congressional Budget Office says, the deficit will grow by $230 billion over the next decade and the number of uninsured Americans will increase. But GOP lawmaker says the legislation is a ‘job killer,’ as repeal hearing begins.”
January 06, 2011|By Michael A. Memoli, Tribune Washington Bureau
——————————————————-
IMHO, there are too many “bumper sticker” slogans being perpetuated about what the President’s
fiscal responsibilities have been and will be. The fact remains that he inherited a 1.4 trillion dollar defict when he took office, and that he had to increase that deficit because of the Recovery Act, TARP to keep the nation from falling into a Depression. Two million jobs have been added to the private sector since he became president, and the Recovery Act (Stimulus) has kept intrastructure in the states viable.

Listen to the Facetown Town Hall Meeting at the link above to learn his details for reducing the deficit by 2015, and for keeping Medicare afloat while not changing it fundamentally, as the Ryan Plan does. (BTW, from the Washington Post poll of yesterday, 70% of Tea Partiers do not want to change Medicare in any way.)

I do not think that the President forced the Healthcare Plan upon us; I believe that he was barely able to get it into law (that which no other president had been able to do who tried) because Republican congressmen and women voted – in lockstep – to defeat his plan, and some while voting against it, even acknowledged that the underlying reason for voting against it was to weaken Obama’s presidency. Afterall, the new healthcare law is very much like the Mass. healthplan, as designed by Republican presidential candidate Mitt Romney.

I hope readers will see all of these factors and will not support what is against their best interests, regardless of party. The health insurance industry in America needs some governmental check upon its ways for the benefit of the American people. Again, “google” the name of Wendell Potter for details as to why I say that.

Southern Comfort (aka The Man)

April 21st, 2011
10:38 am

I remember quite well my democratic card carrying days as a college youth……my friends and I were poor as dirt, and all we cared about was ta-ta’s, booze, and voting for the evil rich to give us our due………..

I remember mine as well. Friends were the same as yours, with some of the same interestes. One difference was that instead of wanting the evil rich to give us our due, we only wanted an honest shot at earning our own.

USMC

April 21st, 2011
10:38 am

“President Obama’s approval ratings are plummeting, and the timing is terrible for the White House.”

Maybe Obama is counting on Bill “Slick Willy” Clinton to come to his rescue just as he has done before:
http://www.youtube.com/watch?v=6bfbNsk9IbA

Scott

April 21st, 2011
10:38 am

Keep…All I am saying is that is sure wasn’t the Reps discouraging voters….it was the Dems. I guess that is okay for you though. I am sure you were probably okay with the first lady sitting out at a polling location trying to encourage voters to pull the lever for the Dems despite that action being illegal too. If it was a Rep though, I am positive you would be all up in arms about it. Typical.

jm

April 21st, 2011
10:38 am

A Washington Post/ABC News poll released Tuesday shows Obama at 47 percent, down seven points since January.

Worse yet for the White House, Gallup shows the president in a nosedive with independents, who are coveted by the Obama-Biden 2012 campaign.

From April 12-14, independents’ approval of Obama fell to 35 percent, 9 percentage points off his average for the year, according to Gallup.

jm

April 21st, 2011
10:39 am

The trouble started, according to the polls, when Obama went nuclear on Ryan and the GOP, inviting them to a speech on fiscal policy that turned out to be a public kick in the pants.

Don't Tread

April 21st, 2011
10:39 am

Wonder if there’s an intern in Obama’s future? It might help the approval rating.

jm

April 21st, 2011
10:39 am

bingo

While White House advisers pushed back hard on the idea that Obama was giving a campaign speech, a subsequent campaign email from Obama campaign chief Jim Messina that night and Obama’s incorporation of the theme into campaign events in Chicago seemed to put that point to rest.

The concern for the White House is that voters don’t like their president to be acting like a candidate when they want him focused on the economy.

With just a few days of hindsight, it’s not difficult to imagine that Obama’s advisers saw the Ryan plan, and particularly its proposed reforms to Medicare, as a political gift. The White House could not resist the temptation to go for a knockout punch.

In swinging for the knockout, the president might have gone too far.

Jay

April 21st, 2011
10:40 am

Steve, have you been spying on me?

UGA1999

April 21st, 2011
10:41 am

Keep….sorry dude that is not the law.

jm

April 21st, 2011
10:41 am

I’m willing to bet Trump doesn’t have as much $ as he says he has…..

ButtHead

April 21st, 2011
10:42 am

Wow balancing the budget is a terrible threat…. the liberals…..how insane is that?

Keep Up the Good Fight!

April 21st, 2011
10:42 am

uga…I think you are confused again. You commented on a comment I made to another poster about american youth. Please do show me where I have claimed to know how youth will vote. So if you want to call your false claim about my position ignorant, you have to first show that I made the claim. If you can’t then….

Mick

April 21st, 2011
10:43 am

Jay – link working, maybe dueling bong hits was my problem…

jm

April 21st, 2011
10:44 am

For anyone in need of a few facts. It is fundamentally IMPOSSIBLE to balance the budget in a couple of weeks (when 40% of spending comes from creditors and the government budget makes up 25% of GDP) without causing a giant recession / depression. It is however, possible to put the budget on a path to sustainability if some major changes happen.

Keep Up the Good Fight!

April 21st, 2011
10:44 am

uga…sorry dude you are dishonest. you did not ask me about the current laws in various states, you asked my opinion. you got it.

As long as we are talking about voter fraud, care to discuss the Indiana Secretary of State?

md

April 21st, 2011
10:45 am

soco,

Back then, I liked being the victim……….all I could see is what I had and what others had…..and it wasn’t fair.

Took a long time to realize it was all up to me………..

jm

April 21st, 2011
10:45 am

whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaat??????????????

Obama makes me ill…..

Labor Board Tells Boeing New Factory Breaks Law
By STEVEN GREENHOUSE
Published: April 20, 2011

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In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

http://www.nytimes.com/2011/04/21/business/21boeing.html?_r=1&ref=todayspaper

Mick

April 21st, 2011
10:45 am

Paul

April 21st, 2011
10:46 am

@@

That was my point. Pres Reagan had an image, a personna, that was, frankly, at odds with some of his actions. Markedly so. But the public likes a leader who they can identify with, who gives them hope and makes them feel good. My point was also when Reagan does it, it’s good. When Obama does it, it isn’t.

Reagan did decrease those taxes, but never followed thru on his pledge to reign in spending. In fact, he doubled Defense spending. Rapidly.

For massive tax increases, look at Social Security and Medicare?

Squishy? I rather think you have an uneasy time looking at contradictions in situations that don’t fit pure ideology. Some of us like to take it all in, step back, and try to understand the larger picture.

And if that ‘larger picture’ doesn’t slot in to an either/or, us/them paradigm, it really causes a short-circuit.

getalife

April 21st, 2011
10:46 am

Steve is another aka the man.

What time did I take my first bong hit Steve?

jm

April 21st, 2011
10:46 am

Obama should go F himself. Repeatedly. That is the most absurd ridiculous thing I have ever heard.

-Boeing said it would “vigorously contest” the labor board’s complaint. “This claim is legally frivolous and represents a radical departure from both N.L.R.B. and Supreme Court precedent,” said J. Michael Luttig, a Boeing executive vice president and its general counsel. “Boeing has every right under both federal law and its collective bargaining agreement to build additional U.S. production capacity outside of the Puget Sound region.”

It is highly unusual for the federal government to seek to reverse a corporate decision as important as the location of plant.

md

April 21st, 2011
10:46 am

“I’m willing to bet Trump doesn’t have as much $ as he says he has…..”

The Donald usually speaks in terms of “net worth”…….which may indicate he is less liquid than he would like to be………….

Atlas Shrugging

April 21st, 2011
10:47 am

Steve I think you are wrong about Jay’s schedule, if he was taking an occasional hit on the ole bong he wouldn’t be such a hate monger….everything else on the schedule seems pretty accurate.

jm

April 21st, 2011
10:48 am

Mick 10:45 – thanks. But I don’t think the polls will be especially useful until mid 2012.

Obama seems determined to remind independents that he is not the right guy. This Boeing this is sooooooooooooo far beyond ridiculous as to make my head spin.

stands for decibels

April 21st, 2011
10:49 am

And those same projections has the US as the #2 economy in the not to distant future…

md, jeez, how am I gonna help the nation produce when you keep engaging me in civil discussion with interesting big-picture thoughts!

I’ll just say this. I don’t see how a nation of ~300 million can remain number one forever, when nations having the ability to leverage three or four times that many productive citizens are competing. Not to sound unpatriotic—I love my country, and it’s been way cool being number one—but this historical ride we’ve enjoyed was never going to be perpetual.

BMDPD

April 21st, 2011
10:49 am

Real Damage? Let’s talk about real damage. How about the real damage unions have brought to this nation? Yes, unions were great at first, when they stood for something and without government regulating work hours, saftey conditions (OSHA), and pay. Now unions have become a drain and are responsible for sending many jobs overseas. Unions have become another corrupt political lobby/organization.

monty

April 21st, 2011
10:49 am

Funny thing is that many on the left are protesting with signs that read the “Country Isn’t Broke,” Talk about your utter denial.

Keep Up the Good Fight!

April 21st, 2011
10:49 am

Scott your claim of I am sure you were probably okay with the first lady sitting out at a polling location trying to encourage voters to pull the lever for the Dems despite that action being illegal too. is also dishonest in light of my prior posts. But you really were not looking for honest discussion were you? Was the first lady charged or convicted of a crime?

Obozo

April 21st, 2011
10:49 am

I have put my budget out there for 3.6 Trillion dollars, but we only have 1.2 Trillion to spend, so our China buddies are going to help us out. But don’t worry we are saving money, and the GOP is killing grandma and grand paw. (microphone\teleprompter go off) Boy if these people believe this I can be president for life, what a bunch of idiots… GWAHAHAHAHA, somebody go wake Joe up…..

Left wing management

April 21st, 2011
10:50 am

I think LeeH1 has it about right:

“Of course they will drive america off a cliff for their narrow ideology! That’s what they were elected to do! …. No taxes for the rich! Let the markets regulate themselves! Get rid of government entirely, except for the police and jail system! Get rid of all minority positions, and make this country the wonderful palce it was back in the days when rich white people ran it!”

AmVet

April 21st, 2011
10:50 am

Keep on speaking truth to (corrupt) power, Jay.

It drives the faithful to, as you put it, their fainting couches.

Given all of their recent history, the GOP is irrefutably the Party of Fiscal Irresponsibility.

(And for the oblivious here, yes the Dems are too, so put away that red herring sandwich…)

1811/1801 - 0311/0317

April 21st, 2011
10:51 am

“GOP threatens to do real damage to country”

DEMONCRATS have already done irreversable damage.

J Moore

April 21st, 2011
10:51 am

I will agree with tax increases when you marxists eliminate welfare (and show up for civic work every day), perpetual uinemployment. medicaid except for disables, EIC, affirmative action, food stamps except for the truly needy (anyone receiving this must give up their cell phone), set asides, quotas, and every other give-away program you tards have thought up.

jm

April 21st, 2011
10:51 am

Jay, what in the hell do you have to say about the President backing an effort, after Boeing has expended hundreds of millions on the new plant, to say “nevermind, you’re screwed, your plant is illegal because my union buddies don’t like labor competition and need the union dues”.

G-d d-mmit, I’m so pissed I can’t see straight. I will give every red cent I legally can to the Republican in 2012 (assuming its not Trump/Palin). G-d freakin d-mmit this is ridiculous.

MHS

April 21st, 2011
10:52 am

Obama is just one historical failure. They need to take the car and the keys away from him. I will spring the $50 bucks for his cab ride out of town.

The Teleprompter Caliphate of Socialist Union thugs - Bingo!

April 21st, 2011
10:52 am

The People will soon tire of this. This backward lurch, and to the red right, is temporary. Arbitron says 85% of Fox (and AM radio listeners) are over the age of 65. It is a pretty good assumption that that roughly resembles the Teabaggapublican buffoon demographic currently holding hostage America’s (and Georgia’s) further Progress.

This period is embarrassing and humiliating to those of us proud of America’s (& Georgia’s) previous leading role as a shining light in a sea of Stoopid. But it is temporary. Tick…tock…tick…tock

UGA1999

April 21st, 2011
10:53 am

Keep….so what did you mean by this….

Sadly Scott underestimates the nation’s youth. But don’t worry, the Republicans will use all efforts to deny them their constitutional vote.

BB From Acworth

April 21st, 2011
10:53 am

When the 45% of folks paying no federal tax have some skin in the game… you can be sure they will vocalize their displeasure in the money wasted on stupid federal programs and our unsustainable entitlements… Maybe that’s the solution…and we can agree to start a real dialogue… and Jay… Specifically…. what long term spending cuts are you in favor of ? Social Security… Medicare, Medicaid and Defense is where the solution lies… everything else in nibbling around the edges…

Dave R.

April 21st, 2011
10:54 am

” In fact, he doubled Defense spending. Rapidly.”

And thereby reduced or eliminated the threat of nuclear Armageddon; likely forever.

What has Hope & Punt ™ accomplished with his increased spending to match that?

jm

April 21st, 2011
10:54 am

Scout 10:51 – amen.

UGA1999

April 21st, 2011
10:54 am

Getalife….who is “The Man”?

Keep Up the Good Fight!

April 21st, 2011
10:54 am

jm, you put in quotes “nevermind, you’re screwed, your plant is illegal because my union buddies don’t like labor competition and need the union dues” so I guess you have a link to show Obama actually used those words in a statement.

Jay

April 21st, 2011
10:54 am

Somebody get jm a bong hit, pronto.

I would, but like it’s my nap time, dude.

BMDPD

April 21st, 2011
10:54 am

J Moore, I think most Americans would agree with a tax increase. However, the government obviously has illustrated it does not know how to handle money. One the government comes up with a serious plan to cut spending across the board, then they should raise taxes on all. But until the government proves that they can be fiscally responsible, then they don’t deserve any more money from the people.

Mick

April 21st, 2011
10:54 am

bm

Yes, those bad evil unions they just destroyed america because china can pay its labor force $5 a day…yeah it’s all their fault…right, keep simmering…

jm

April 21st, 2011
10:55 am

God help us.

Keep Up the Good Fight!

April 21st, 2011
10:55 am

uga… read the words. You still have to show me where I said I know how the youth will vote.

md

April 21st, 2011
10:56 am

“In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.”

I guess the dems would prefer Boeing join Ford down in Mexico………….labor is playing a very dangerous game when the world market is clamoring to add industries………..

jm

April 21st, 2011
10:56 am

Jay 10:54 – thanks. I think I need one right now. Good luck with the nap. You and Biden buddies? :)

jm

April 21st, 2011
10:57 am

Keep 10:54 – duh, that want’s a direct quote. That was a literary flourish.

Bosch

April 21st, 2011
10:57 am

“It is highly unusual for the federal government to seek to reverse a corporate decision as important as the location of plant.”

Except in this case, they didn’t. Did you even read the article?

Bobby

April 21st, 2011
10:57 am

Lame post Jay.

What I can’t believe is that it’s so difficult for the Libs to agree to cut some spending. Cut spending and you can have your debt limit increased. Is that too much to ask for?! You liberals trying to villainize conservatives for trying to do the responsible thing won’t cut it. The american people, while slow, are not that stupid. It’s the only leverage the conservatives have, otherwise, you sex in the city spendthrifts will spend us into oblivion.

jm

April 21st, 2011
10:58 am

want’s = wasn’t

BMDPD

April 21st, 2011
10:58 am

Mick, if you are too much of a fool to realize that Unions have become corrupt, power hungry, political organizations, then I pity you.

UGA1999

April 21st, 2011
10:58 am

Keep….you didnt but that comment sure has alot of implications.

Dave R.

April 21st, 2011
10:59 am

Keep – re: your 10:54.

I suggest you argue the substance of the issue, rather than trying to score meaningless points on literary license.

Unless you live to divert and deflect as so many libs on this blog like to do . . .

jm

April 21st, 2011
10:59 am

Bosch 10:57 – of course. Reading comp not your strong suit is it? Come on man, they’re basically telling Boeing we’re taking you to court if you don’t relocate your line and plant.

Its un-frickin believable.

Keep Up the Good Fight!

April 21st, 2011
10:59 am

jm…you must be hitting that bong hard. using quotes for your literary flourish…..is that another way to say “not intended to be a factual statement”?

getalife

April 21st, 2011
11:00 am

“would, but like it’s my nap time, dude.”

Well, hitting a bong so early in the morning does make one need a nap :)

Bobby

April 21st, 2011
11:00 am

Oh, and stop throwing the word “Extremists” around, your lib propaganda is getting old.

Mick

April 21st, 2011
11:00 am

bm

If you are too much of a fool to realize that politicians and corporations have sold out this country for profit decimating our manufacturing base, then I don’t pity you…

jm

April 21st, 2011
11:01 am

Keep 10:59 – bingo. it was reading between the lines / paraphrasing the actions. how’s your friend the straw man doing?

BMDPD

April 21st, 2011
11:01 am

Mick, it is sad that unions have driven the labor costs to such an extent, that it is cheaper to have products built on the opposite side of the globe. Some products during their manufacturing traverse the Pacific mulitple times. This is still cheaper than paying for unions. So many companies try to keep the jobs in the US by moving to more ‘friendly’ states, but we see what happens there too, huh.

getalife

April 21st, 2011
11:02 am

Bobby,

Ok, radical is better.

Jay

April 21st, 2011
11:02 am

“sex in the city spendthrifts”?

I mean, just because I have a fondness for Manolo Blahnik pumps?

jm

April 21st, 2011
11:02 am

If I was Boeing, I’d move the f’in plant to Mexico with this crap going on.

No wonder we keep losing manufacturing jobs.

MiltonMan

April 21st, 2011
11:03 am

Normal, reps are corporate lovers???

Obozo just rub elbows with Sony & Google.

Obozo gave a Obozo Health Care waiver to McDonalds.

The clown just recently assigned the former GE CEO to a position (while GE pays no taxes).

The clown took over GM

etc.
etc.

Don’t let facts affect you in any belief there pal.

J Moore

April 21st, 2011
11:03 am

I love how you liberal phonies attack the rich. Of course it doesn’t matter what percentage of the budget the rich already pay! And they let 45 percent of the population pay no taxes as long as they vote for Prezdint Obozo. But let me ask you marxists–did you ever take any risk in life yourself? Did you ever invest your money? Did you ever start a company and go without paychecks to weather the hard times? Did you get a college degree or learn to be an electrician? Maybe you dropped out of school and decided drugs, alcohol, and sex was the way to go–hmmm. Maybe you placed your faith in the teamsters rather than God–hmmm. For the most part, the Democratic Party is comprised of the godless, the perverts, and lazies who think they are entitled to someone else’s money while rationizing their poor decisions. I say eat dirt and die!!!

Finally, how is it that whatever Clinton did should be the tax standard? Now that is arbitrary to say the least. The truth is that the last 47 years put us in this mess of “entitlements”. The chickens have come home. Didn’t JFK say something about doing for your country rather than what your party does now?

Jimmy62

April 21st, 2011
11:03 am

What’s the point of having a debt limit, if you just raise it all the time?

Go GOP! Make the Dems be responsible! If we can’t have a budget without raising the debt limit, then we need a new budget, not a new debt limit.

Bosch

April 21st, 2011
11:04 am

jm,

What Boeing’s doing is illegal. You don’t like laws?

getalife

April 21st, 2011
11:05 am

Do you cons know how many times w raised the debt ceiling?

Google it then reply.

jm

April 21st, 2011
11:05 am

RE Boeing. Sorry in advance, but this is completely merited on this one.

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md

April 21st, 2011
11:07 am

“What Boeing’s doing is illegal. You don’t like laws?”

So is coming into this country through the back door…………..doesn’t seem to matter then.

Bobby

April 21st, 2011
11:07 am

Didn’t think you’d see that SITC reference. Going to trademark that phrase, it’ll be bigger than Winning :-)

jm

April 21st, 2011
11:07 am

Bosch – as the article states, this is frivolous and the SCOTUS will almost certainly rule in favor of Boeing. But it will cost them probably $10’s of millions of dollars to defend this. It is just beyond unbelievable.

Bosch

April 21st, 2011
11:07 am

” it is sad that unions have driven the labor costs to such an extent,”

Except they haven’t.

http://economix.blogs.nytimes.com/2010/04/07/labor-losing-influence/

getalife

April 21st, 2011
11:07 am

jm,

Yeah, American jobs lost to other countries is depressing for the unemployed.

I agree.

Mick

April 21st, 2011
11:08 am

bm

So, how did we compete in the 50’s, 60’s? We had tariffs that protected our workers keeping the playing field level. I’m not saying that all unions are benevolent but the fact of the matter is that this country has been “sold out” for the almighty profit, american workers be damned…now we have arrived at a new gilded age and have to make corrections and fight our way back….bottom line, the gov’t is complicit but not totally to blame..

jm

April 21st, 2011
11:08 am

So much for Obama being pro-job creation and pro-export and pro-manufacturing.

The guy is anti-job, anti-growth, anti-US (or so it appears). Oy we need a new President. I need a time machine to get to 2013, and if he’s still POTUS, I need one to 2017.

Alternatively, I’ll keep looking for jobs in other countries….

Bosch

April 21st, 2011
11:09 am

jm,

Seriously, if things like that keep you up at night and cause such anxiety, you should think about seeing your doctor. Or Yoga or Tai Chi or something man. I think that situation hardly warrants a poutrage such as to telling the President (who really ultimately has nothing to do with it) to go have sex with himself repeatedly.

I mean, really.

jt

April 21st, 2011
11:09 am

The above 11:05 looks kinda like Obama trying to face his anti-war base….maybe with bigger ears.

Duane

April 21st, 2011
11:09 am

Jay, calling someone who disagrees with you a “Spoiled kid”? Nice arrogance.

Dave R.

April 21st, 2011
11:10 am

“What Boeing’s doing is illegal. You don’t like laws?”

The mere fact that it is illegal for a private company to build a product wherever they choose, is the saddest testimony to the failure of this nation as a long-term viable concern in a world gone mad.

Southern Comfort (aka The Man)

April 21st, 2011
11:10 am

md

I was tired of being told I “was” the victim. Especially when I was in a well balanced, well integrated environment, and I was running near the top of the class in most areas.

BMDPD

April 21st, 2011
11:10 am

J Moore, Dang! True, but Dang!

Keep Up the Good Fight!

April 21st, 2011
11:10 am

Why is it assumed that SCOTUS will rule in favor of Boeing? Is there a legal basis of case references for the claim or just court activism based on politics?

jt

April 21st, 2011
11:11 am

Or maybe the above 11:05 looks like duped Obama voters trying to face their families.

Bosch

April 21st, 2011
11:11 am

“So is coming into this country through the back door…………..doesn’t seem to matter then.”

Yeah, md, I know — talk to the GOP about that one.

getalife

April 21st, 2011
11:11 am

“Alternatively, I’ll keep looking for jobs in other countries….”

So, you are unemployed but cheer on corporate hiring cheap labor in other countries instead of hiring you.

Typical jm,

You vote to lose your job then blame others.

Look in the mirror jm and wake up.

Geez.

Bosch

April 21st, 2011
11:12 am

Dave R.,

What’s sadder to me is that we were forced to pass labor laws such as that to keep companies from screwing it’s employees.

Lil' Barry Bailout

April 21st, 2011
11:12 am

Mary Elizabeth: I hope readers will see all of these factors and will not support what is against their best interests, regardless of party.
———

How about that. I figgered ME would want us to vote for Obozo, but clearly that is not the case.

Keep Up the Good Fight!

April 21st, 2011
11:12 am

The mere fact that it is illegal for a private company to build a product wherever they choose

Someone here does not apparently know the laws that apply to the case. Their “mere fact” is not intended to be a factual statement.

Bosch

April 21st, 2011
11:13 am

And Dave — would you like me to fluff the pillows on the fainting couch? :-)

jm

April 21st, 2011
11:13 am

Bosch 11:09 “who really ultimately has nothing to do with it” um, again, reading comprehension?

“But ever since a Democratic majority took control of the five-member board after Mr. Obama’s election, the board has signaled that it would seek to adopt a more liberal, pro-union tilt after years of pro-employer decisions under President Bush.”

Mick

April 21st, 2011
11:13 am

j. moore

Nice diatribe full of sterotyping, bluster, and false propaganda. Hey, if it makes you feel good – do it….

jt

April 21st, 2011
11:14 am

Actually, the 11:05 is a slimmed down Benjamin Franklin, looking down from Heaven…………heartbroken because of The Federal Leviathon that has strangled America.

md

April 21st, 2011
11:14 am

“But it will cost them probably $10’s of millions of dollars to defend this. It is just beyond unbelievable.”

No….it will cost US 10’s of millions of dollars……………….oh joy.

BMDPD

April 21st, 2011
11:14 am

Bosch, my favorite quote from the article is:

Determining which of these characterizations is generally correct is a complicated task, and well beyond the scope of a short non-technical blog post.

jm

April 21st, 2011
11:15 am

getalife “You vote to lose your job then blame others.”

You’re right. I voted for Obama.

Biggest non-financial mistake of my life. I seriously regret that vote now, though it is ultimately hard to know what McCain would have been like. But he would have been better than Obama.

Joe Mama

April 21st, 2011
11:16 am

JMoore — “But let me ask you marxists”

Where, exactly, are the “marxists” on this board? Purple prose much?

“did you ever take any risk in life yourself?”

Yes.

“Did you ever invest your money?”

Yes.

“Did you ever start a company and go without paychecks to weather the hard times?”

Yes.

“Did you get a college degree or learn to be an electrician?”

Yes.

“Maybe you dropped out of school and decided drugs, alcohol, and sex was the way to go–hmmm.”

No.

“Maybe you placed your faith in the teamsters rather than God–hmmm.”

I’ve never been a union member and I’m an atheist, but I don’t see what that has to do with anything.

“For the most part, the Democratic Party is comprised of the godless,”

There are plenty of theist Democrats, but don’t let that stop you. There are plenty of theist Republicans, too, but many of y’all don’t want to recognize it. Every time Jim Rob figures out that the atheists on Free Republic have been sending each other messages and pings on the side, he kicks us all off.

If you don’t want atheist money, atheist support and atheist votes going to the GOP, I’m sure the Democrats will be happy to take all of the above.

“the perverts,”

I don’t know what you do with whoever in your bedroom and I frankly don’t care. And you can stay the hell out of me and my wife’s bedroom — and stop trying to listen at the door.

“and lazies”

Who do you think works harder? A plumber or an investment banker? A worker in an automobile assembly plant or a CEO? A schoolteacher or a Koch brother?

“who think they are entitled to someone else’s money while rationizing their poor decisions.”

Huh. Guess I shouldn’t have enlisted in the Army and wound up a disabled veteran. Would it be ‘rationalizing a poor decision’ if I regretted serving my country in uniform during wartime?

Southern Comfort (aka The Man)

April 21st, 2011
11:16 am

BMDPD: Mick, it is sad that unions have driven the labor costs to such an extent, that it is cheaper to have products built on the opposite side of the globe. Some products during their manufacturing traverse the Pacific mulitple times. This is still cheaper than paying for unions. So many companies try to keep the jobs in the US by moving to more ‘friendly’ states, but we see what happens there too, huh.

The only way that’s possible even with high labor costs here is because there’s no tarriffs placed on those products coming into the US. We have “free trade” agreements with almost any and every country where we can exploit cheap labor. Once other countries catch on to their exploitation, they demand more in labor, and we have to move somewhere else. In the future, we’ll run out of cheap labor sources and the cost of shipping will make people relocate back to the US. It may take a while, but it will eventually happen.

Lil' Barry Bailout

April 21st, 2011
11:17 am

So the Idiot Messiah thinks it’s his job to tell private companies where they may locate their facilities?

Idiot Messiah and supporters: Fascists.

jm

April 21st, 2011
11:17 am

md 11:14 – well that too. But instead of spending $10 or $20 million on hiring a couple of hundred workers or plowing it into growing the economy, instead it will be a dead loss to the economy because the NLRB will lose. If they win, we’re really toast.

Bosch

April 21st, 2011
11:18 am

BMDPD,

Yeah, and since it’s well beyond HIS scope, I’d say it’s well beyond yours as well.

jt

April 21st, 2011
11:18 am

Possibly, the 11:05 is the progressive idealogy personified.

DD

April 21st, 2011
11:18 am

Bookman, two words, Democrats and Detroit

mm

April 21st, 2011
11:18 am

How pathetic. The Dems need to let them default on our debt. It will make the great depression look like good times. The American voters will not forget.

The last 3 GOP presidents caused $10 trillion of the current $13 trillion debt. And the GOP, along with the fools that vote for them, want to blame Obama.

The GOP passed federal and state tax cuts for the last 30 years that caused all of these budget crises. They cut taxes, but never cut spending. Now they want to cut spending and destroy the economy, just so they can blame Obama.

jm

April 21st, 2011
11:18 am

LBB 11:17 – indeed.

getalife

April 21st, 2011
11:18 am

“You’re right. I voted for Obama.

Biggest non-financial mistake of my life. I seriously regret that vote now, though it is ultimately hard to know what McCain would have been like. But he would have been better than Obama.”

Come on jm,

You are a con and nobody believes that.

Hang in there and keep looking jm.

It is a shame to have to move to a foreign country to get a job don’t ya think?

Southern Comfort (aka The Man)

April 21st, 2011
11:19 am

jm @ 11:05

You have learned well, grasshopper!!
:)

md

April 21st, 2011
11:19 am

“So, how did we compete in the 50’s, 60’s?”

Well Mick…..things have changed a bit since the 50’s and 60’s……………all that sun down there getting to you?

The fact of the matter is…..the ride is over……what goes up must come down…….folks best learn to live with a bit less for the most part……wages here had their run, and are now adjusting accordingly…………

Until we demand to pay higher prices (ha), companies will continue to deliver cheaper goods……and they won’t be coming from the good ole US of A.

Bosch

April 21st, 2011
11:19 am

jm,

“Although the board has not yet issued many major decisions reversing Bush-era policies, it has proposed requiring private sector employers to post a notice about workers’ right to unionize, and Mr. Solomon has begun moving more aggressively to win reinstatement of union supporters fired illegally by management during unionization drives. ”

I guess you missed that part, huh? Wow, that’s something — requirnig companies to post notices and all. :roll:

Paul

April 21st, 2011
11:19 am

Dave R.

“” In fact, he doubled Defense spending. Rapidly.”

And thereby reduced or eliminated the threat of nuclear Armageddon; likely forever.”

Dave, the Pentagon had so much money dropped on them in so short a time they had a tough time absorbing it all. Navy was pulling programs off the shelf they’d deemed as “we can get along without this” and put them back in front just to use the money. Classic case was Air Force with the B-! bomber. It was jokingly referred to in the Air Force as “a bomber in search of a mission.” Heck, I could even relate stories about how for years it could not even bomb. At least like it was supposed to. So billions more got spent fixing that problem.

The gush of money was indiscriminate. More like a fire hose spraying down the street when what was needed was a garden hose to wash the car.

Jerome Horowitz

April 21st, 2011
11:20 am

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November 7, 2008
Q: Do 40 percent of Americans pay no taxes?
A: About 38 percent of households have zero or negative income tax liability, but they pay other federal taxes.
Towards the end of the campaign, John McCain and prominent conservatives like Lou Dobbs claimed that Barack Obama’s proposed tax plan would amount to welfare because it offered a tax credit to the 40 percent of Americans who pay no taxes. We’ve already looked into the claims that Obama’s tax plan is a welfare handout (in short, it’s primarily a matter of how you define “welfare,” but Obama’s plan doesn’t look any more like welfare than McCain’s). But what about that 40 percent with no tax liability? Can it really be true that more than a third of the country pays no taxes at all?

According to the Urban-Brookings Tax Policy Center, it is true that 38 percent of “tax units” — which can be singles, couples, or families — are projected to have zero or negative income tax liability in 2009. About 60 percent of these households make $20,000 per year or less.

However, being exempt from income tax does not mean you’re exempt from federal taxes. Everyone who works is liable for payroll taxes, contributions to Medicare and Social Security that come out of every paycheck. There are also excise taxes on some goods and services, most notably the 18.4 cents per gallon tax on gasoline. The Congressional Budget Office found that earners in the lowest quintile, where most of those with no income tax liability fall, shouldered 4.3 percent of the payroll tax burden in 2005 and 11.1 percent of the excise taxes. Their effective tax rate (which is calculated by dividing taxes paid by total income) in those categories, according to the CBO, was in fact significantly higher than the rate of the top quintile, although that top one-fifth of the population had a much higher effective tax rate for individual and corporate income taxes.

-Jess Henig

Sources
Congressional Budget Office. “Historical Effective Federal Tax Rates: 1979 to 2005.” Dec. 2007.

Urban-Brookings Tax Policy Center. “Distribution of Tax Units With Zero or Negative Income Tax Liability by Cash Income Level, 2009.” 15 Aug. 2008.

Copyright © 2003 – 2009, Annenberg Public Policy Center of the University of Pennsylvania
FactCheck.org’s staff, not the Annenberg Center, is responsible for this material.
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For all you 45% ers.

Joe Mama

April 21st, 2011
11:20 am

Above — should read “There are plenty of *atheist* Republicans, too”

‘Cause there are.

getalife

April 21st, 2011
11:20 am

lil bar,

I thought we were socialists.

What happened?

WOODSTOCK MIKE

April 21st, 2011
11:20 am

As if Democrats don’t use these same type of political strategies?? What a joke, another example of the typical liberal blame game…

You really think that the GOP will not allow the debt ceiling to be raised? If you think that you are a fool. This is part of negotiations and the GOP knows they are playing with a strong hand and they are using this to their advantage.

The problem with liberals on this issue is they truly don’t believe the deficit matters. They can’t grasp that the deficit is likely our countries most important problem and needs to be addressed. Their only answer is the usual, raise taxes…

UGA1999

April 21st, 2011
11:21 am

Jm….i know many more people that feel the same as you about their vote in the last election…..cant wait to vote for “change” 2012.

@@

April 21st, 2011
11:21 am

Joe Mama

April 21st, 2011
11:21 am

Lil’ “So the Idiot Messiah thinks it’s his job to tell private companies where they may locate their facilities?”

What do you think zoning laws do? (pointing, laughing) :D

“Idiot Messiah and supporters: Fascists.”

Lil’ and sycophants: clueless.

Bosch

April 21st, 2011
11:23 am

“The problem with liberals on this issue is they truly don’t believe the deficit matters.”

Dick Cheney is a liberal? Who knew?

getalife

April 21st, 2011
11:23 am

Anybody Google how many times w raised the debt ceiling yet?

Pesky facts clouds your ideology doesn’t it.

TaxPayer

April 21st, 2011
11:24 am

Someone give jm a job. I’m really tired of supporting him on taxpayer dollars for the past 99 weeks.

md

April 21st, 2011
11:24 am

“In the future, we’ll run out of cheap labor sources and the cost of shipping will make people relocate back to the US. It may take a while, but it will eventually happen.”

Can’t agree with that one……..there are an awful lot of poor nations out there…….we are but a drop in the bucket………it will take lifetimes for the cycle to run it’s course through those poorer countries.

@@

April 21st, 2011
11:24 am

Oops!

Am I blue? Am I blue?

Nope!

IHB

Mick

April 21st, 2011
11:24 am

md

Of course things have changed, can you hear that giant sucking sound? We gave up protecting our self interests as a country because so many worship the god money, sad but true, the people have been sold out…

getalife

April 21st, 2011
11:26 am

jm,

McDonald’s is hiring so you really need to stop blaming others and take the job.

Bosch

April 21st, 2011
11:27 am

md,

I’ve read several articles that speculate that manufacturing will eventually move back to the US — I agree, I don’t think it will be in the next couple years, but as fuel prices go up, manufacturers are re-thinking their plans.

mm

April 21st, 2011
11:27 am

“The problem with liberals on this issue is they truly don’t believe the deficit matters”

You righties have really convinced yourselves of this. I remember Dick Cheney saying about 3 years ago, “Deficits don’t matter”.

And everyone of you wingers were saying the same thing at the same time. It’s only blah blah blah percent of GDP.

You folks have no credibility.

jm

April 21st, 2011
11:27 am

Soco 11:19 :)

getalife 11:18 – believe what you want

Bosch 11:19 – that’s a separate issue, not related to moving a whole frickin’ airplane manufacturing plant. just another absurd move by them. running out of straws yet?

jm

April 21st, 2011
11:30 am

I mean, I’d pretty much had it with Obama before today. But this just takes the cake…..

stands for decibels

April 21st, 2011
11:30 am

So the National labor relations board has actually backed labor?

I can see why jm and LBB’s tender feefees are hurted.

getalife

April 21st, 2011
11:30 am

Bosch,

Once again, corporate greed chasing cheap labor is the reason manufacturing left.

My only corporate job was one of the first to move to China and now they are coming back.

They tossed quality of the American worker to produce cheap crap and they lost money like I told them.

jt

April 21st, 2011
11:31 am

no,no……….I got it……………….

The 11:05 was a picture of Jay Bookman everytime he receives the latest “talking points” from the DNC on how to put a positive spin on Obama’s accomplishments.

Bosch

April 21st, 2011
11:31 am

jm,

It IS however a direct counter to your previous poutrageous post @ 11:13. All they’ve done is required employers to post stuff — real radical stuff there, jm.

Libertarian

April 21st, 2011
11:32 am

Its easy to see that unions ruin companies and are unnecessary at this time in history:

Ford, GM, Chryster, Pontiac, etc.(unions) VS. Toyota, Honda, Kia, Nissan

Delta VS. Northwest (unions)

Bosch

April 21st, 2011
11:32 am

“But this just takes the cake…..”

Oh come on jm, we know you’ll find some other non-issue to swoon about tomorrow.

Bosch

April 21st, 2011
11:33 am

“So the National labor relations board has actually backed labor?”

That’s the REAL news of the whole damn story.

jm

April 21st, 2011
11:33 am

Bosch 11:31 – they’re SUING Boeing to get them to move what might be a Billion dollar plant. And that means nothing to you? I might have to post 10 of SoCo’s head in hands….

md

April 21st, 2011
11:33 am

“We gave up protecting our self interests as a country because so many worship the god money, sad but true, the people have been sold out…”

Those sold out people are the ones that caused the problem……….Walmart wouldn’t be importing all that cheap crap from China if the “people” didn’t buy it…………….it is the demand for cheap crap that allows the supply to continue……………..

As I said earlier………when americans decide to pay more for goods is the day industries will make it here………..until then, don’t count on it.

@@

April 21st, 2011
11:33 am

Paul:

Some of us like to take it all in, step back, and try to understand the larger picture.

My, my, but aren’t YOU special?

schnirt

I’m out to tackle those windows…nine total. I’ll likely be dead before they’re done. Why do I bother?

Beats goin’ round and round on a blog.

getalife

April 21st, 2011
11:34 am

jm,

Take a break dude.

You sound bitter but the jobs are improving.

Hang in there and keep looking.

jm

April 21st, 2011
11:34 am

Bosch 11:33 – the way Obama is going these days, you’re probably right.

I’d almost be shocked if he doesn’t impose Nixonian price controls and starts dictating where people live and work by the end of 2012.

Southern Comfort (aka The Man)

April 21st, 2011
11:34 am

md

I might be wrong, but I don’t see the US investing much on the continent of Africa. All one has to do is listen to many of the viewpoints from citizens now on conditions there. Many of the poorest of the poor don’t even have money to invest in basic infrastructure that we would want to have in place in order to exploit that cheap labor. Do you honestly believe that companies are going to go into a country, build that country’s infrastructure from the ground up, and then exploit cheap labor?

stands for decibels

April 21st, 2011
11:35 am

mm, Cheney’s comment was actually 7 years ago, and to be somewhat fair to the shape shifting lizard-man, he was speaking of the political impact of deficit spending.

http://www.issues2000.org/2004/Dick_Cheney_Budget_+_Economy.htm

md

April 21st, 2011
11:37 am

“I’ve read several articles that speculate that manufacturing will eventually move back to the US — I agree, I don’t think it will be in the next couple years, but as fuel prices go up, manufacturers are re-thinking their plans.”

Logistics indicate Mexico would then be the better bet……….labor is still a fraction of what it is here……..just stating the facts.

ken

April 21st, 2011
11:37 am

GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?

Bosch

April 21st, 2011
11:37 am

“they’re SUING Boeing to get them to move what might be a Billion dollar plant. And that means nothing to you?”

The company also said it had decided to expand in South Carolina in part to protect business continuity and to reduce the damage to its finances and reputation from future work stoppages.

So help me out here, is that why Boeing is expanding the plant in South Carolina?

jm

April 21st, 2011
11:38 am

sfd 11:35 – I think my jaw just hit the floor. I think you may be right “political impact”. Hard to know for sure. I have no doubt that Cheney does think $1.7 Trillion deficits matter, both economically and politically.

@@

April 21st, 2011
11:38 am

Paul:

One more thing. It’s easy to see why you’re so impressed with our president. You have his gift for gab with little to show in results.

No offense intended, just an observation.

Bosch

April 21st, 2011
11:39 am

md @ 11:37 — I’m not disagreeing with you — you are probably right on about that.

jm

April 21st, 2011
11:39 am

Bosch 11:37 – jesus dude. you’re really that daft.

That’s what the NLRB is suing to stop. “Boeing is expanding the plant in South Carolina”

Keep Up the Good Fight!

April 21st, 2011
11:39 am

Its easy to see that unions ruin companies and are unnecessary at this time in history

Right, we need more companies with Chairman of the Board like Trump who are paid $2 million a year but “did not run the company”. Its because of the unions that Trump got this “genius”

getalife

April 21st, 2011
11:39 am

“Logistics indicate Mexico would then be the better bet……….labor is still a fraction of what it is here……..just stating the facts.”

Well, they have a drug war waging so factor in that in your profits.

md

April 21st, 2011
11:40 am

soco,

Too many countries in Asia to carry the load with billions of people……..Africa has plenty of time to get it’s act together……….wasn’t too long ago, Vietnam, and Cambodia were war zones…….now becoming big players in the global market of cheap labor.

jm

April 21st, 2011
11:40 am

Bosch, you know what. I’ll accept your inability to comprehend the article. The news is so shocking it really is hard to believe and understand.

Mick

April 21st, 2011
11:40 am

md

Bogus…japan was selling cheap garbage in the 60’s, we mocked their crappy transistor radio’s. Something changed in the following decades, they got better at electronics and car making, we eased our tariffs and the rest is history. Try buying a cadillac in japan, the tariff is so high it’s almost impossible, they protect their self interests, something we need to get back to…

Jay

April 21st, 2011
11:41 am

“GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?”

And you want government to fix all that for you, Ken?

And md, given all that’s going on in Mexico, do you really think companies want to move there?

Joe Mama

April 21st, 2011
11:42 am

Ken — “GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?”

How’d your 401k or IRA do under President Bush? That 42% drop in the Dow hurt much?

And how’s your 401k or IRA doing under President Obama? That recovery helping to plump up your retirement account balance any? Or did you sink it all into gold coins, as Glenn Beck advocates?

Bosch

April 21st, 2011
11:42 am

md,

“when americans decide to pay more for goods is the day industries will make it here………..until then, don’t count on it.”

Your comment here reminded me of something — have you ever seen that show Hoarders? or Clean House? Watching those shows makes me realize we have too much damn stuff. Sometimes I think it would be nice to go back to the days of quality instead of quanitity. Ya’ know?

Bosch

April 21st, 2011
11:43 am

“And md, given all that’s going on in Mexico, do you really think companies want to move there?”

Yeah, didn’t think of that.

getalife

April 21st, 2011
11:43 am

@@,

I don’t think Paul fits any label but agree with his “gift for gab”.

You could argue he is a long term thinker like the President.

Bosch

April 21st, 2011
11:44 am

jm,

I understand the article fine — do you need me to fluff the pillows on your fainting couch? You really need to do some yoga if things like that send you over the edge. Really.

stands for decibels

April 21st, 2011
11:44 am

have no doubt that Cheney does think $1.7 Trillion deficits matter, both economically and politically.

well given how he helped engineer them, he ought to.

BMDPD

April 21st, 2011
11:45 am

How bout stock holders in GM and Chrysler? Hurt much?

Joe Mama

April 21st, 2011
11:45 am

Mick — “Try buying a cadillac in japan, the tariff is so high it’s almost impossible, they protect their self interests, something we need to get back to…”

Frankly, I wouldn’t have a Caddy over there. It’d be hard to drive on some roads, and parking spaces you could fit into would be few and far between. Not to mention the price of gas.

The Japanese are nice people, but if you insist on living an American lifestyle over there, you’ll quickly find your wallet getting sucked dry at an alarming rate. Best to develop a taste for rice, noodles and fish, and to either buy a smaller car or figure out their transit system.

md

April 21st, 2011
11:45 am

“Well, they have a drug war waging so factor in that in your profits.”

I’m sure they do…….as well as looking on down the ladder like Costa Rica and Panama………

The point is, they now have more options than we can count……….and the genie isn’t going back in the bottle…….so deal with it.

As I said…… during my union days I was well aware that I was overpaid……enjoyed every minute of it…….but in the end, I would have preferred a 50% pay cut to what we ended up with….which was a 100% pay cut.

Joe Mama

April 21st, 2011
11:46 am

BMDPD — “How bout stock holders in GM and Chrysler? Hurt much?”

Yes — the stock crashes during the Bush Administration did hurt those equity prices a great deal. Thanks for asking!

Fletch

April 21st, 2011
11:46 am

md – “when americans decide to pay more for goods is the day industries will make it here………..until then, don’t count on it.”

I’ve been saying that for years. Insrtead of bitching about taxes, why aren’t all these patriotic Americans turning out en masse to support higher prices for goods if it will return the manufacturing sector to the U.S.?

Here’s a two fold dose of reality :

1. If you shop at Wal Mart, you are your own worst enemy in terms of jobs coming back to the U.S.

2. If you shop at Wal Mart, you’re most likely NOT in the tax bracket that would be affected by any increase in taxes anyway, so stop complaining.

@@

April 21st, 2011
11:46 am

Getalife:

I’ve often found that those who spend too much time thinking rarely get anything done. It’s a delay tactic, a way of prolonging the status quo.

getalife

April 21st, 2011
11:47 am

md,

“which was a 100% pay cut.”

Odd, unions usually save jobs.

Mick

April 21st, 2011
11:47 am

joe

Japan not tops on my list of places to live. However, the way things are going argentina, costa rica, australia, or new zealand, top the list…

getalife

April 21st, 2011
11:49 am

@@,

I often found that not thinking usually gets yourself in trouble.

Left wing management

April 21st, 2011
11:49 am

Jay, I have to say I think that much of the blame for this situation lies at the feet of Obama. Why? Precisely for failing to grasp the radicalness of the moment that was his. The irony of the man who evoked the “urgency of the now” is that of all the many things he

Secondly, it’s frequently said – and has become now almost a mantra on the left – that Obama has a problem with negotiating, that he has a negotiation problem. But I think this conflates two separate things: messaging and negotiating. What Obama seems at times to be so poor at is recognizing the way that messaging is central to governing. As the right wing understands perfectly well, control of the frame in which issues are defined is everything ultimately. So messaging is not a separate thing, an add-on to policy making, it’s actually a central part of it. The classic example of this was the way Obama allowed his hand to be forced in Dec. to extend the Bush tax cuts. This was the perfect opportunity to draw a line in the sand and force the GOP’s hand, but he failed to do it because in effect he didn’t have the stomach for the kind of fight it would have entailed.

Bosch

April 21st, 2011
11:50 am

Good points Fletch.

jm,

After further review, it seems you were right about my “exapansion” post — my bad. But I still think this warrants no such poutrage. In my opinion, it is time the Labor Board actually did it’s job according to the law.

Southern Comfort (aka The Man)

April 21st, 2011
11:50 am

md

You also have to consider the radicalization of Asia. Indonesia, for one, has been an on-and-off country when it comes to radical terrorists. There’s more than just cheap labor that has to be dealt with when dealing in that part of the world.

Bosch

April 21st, 2011
11:51 am

“which was a 100% pay cut.”

So, in other words, your union wasn’t so influential after all. Imagine that.

md

April 21st, 2011
11:51 am

“And md, given all that’s going on in Mexico, do you really think companies want to move there?”

Might want to ask Ford what they think……..doesn’t seem to be stopping them………

jj

April 21st, 2011
11:51 am

Jay states the federal tax load is the lowest in a decade, and I think he is correct. But what gets left out of this discussion is the total tax burden. State, local, sales, SPLOTS have all gone up, so the total tax burden is excessive. What is the sales tax in Chicago now…..10%, but according to Democrats those taxes don’t count. Rent a car lately? the total tax burden is anywhere from 30 up to 45% in some cities. And it goes on and on.

Bosch

April 21st, 2011
11:52 am

Time for some calories. Later folks.

Southern Comfort (aka The Man)

April 21st, 2011
11:52 am

Best to develop a taste for rice, noodles and fish, and to either buy a smaller car or figure out their transit system.

Subtract the food, and you could be talking about Europe too. I saw one Chevy Tahoe while I was there. I didn’t see the driver, or I would have asked him where did he drive and park it. The next closest vehicle in size to a suv is a bus over there.

jm

April 21st, 2011
11:53 am

sfd 11:44 – no disagreement there.

Bosch 11:50 – no worries. it is pretty mind boggling. In the investment industry (which I’ve been in in different ways for 12 years now), this is not like moving the goal posts. If this came to be, this would be like flooding the football field and telling everyone to go home, no game playing anymore.

getalife

April 21st, 2011
11:53 am

“So, in other words, your union wasn’t so influential after all. Imagine that.”

It is bizarre because unions make concessions to keep jobs.

It is hard getting fired in a union so md is probably not being honest.

Joe Mama

April 21st, 2011
11:54 am

Mick — “Japan not tops on my list of places to live. However, the way things are going argentina, costa rica, australia, or new zealand, top the list…”

I have visited Japan, and I found the people to be really nice, super polite and just a joy to work with. They are, in my opinion, possibly the world’s best hosts. But it is *horrendously* expensive to live there, especially if you insist on living a Western lifestyle.

My wife and I are also looking at a retirement move to South America; most likely to Uruguay.

mm

April 21st, 2011
11:54 am

“GOP could do real damage. HA HA Bought gas and food lately ? How is the value of you house? How much are you earning on CD’s ? Got a raise lately ? Bought an airline ticket ? Ask your children if they think that they will have a standard of living as good as you have ?”

All of this was happening when Bush left office.

SPC

April 21st, 2011
11:56 am

Why didn’t congress pass a budget when the Democrats were in control? This is all political posturing. The title of the article should have been “Politicians Do Real Damage to Country.” We now have a political class, Republican and Democrat, that, to a large degree, is just self serving. If this doesn’t change, and soon, the country is in real trouble.

UGA1999

April 21st, 2011
11:57 am

Jay…..”we want the government to fix all of those things”…..Mr. Obama sure did a good job of screwing everything up. He should help in fixing it.

UGA1999

April 21st, 2011
11:58 am

mm….All of this was happening when Bush left office.

SO…..what has Mr. Obama done to make things better….sure seems that everything is getting worse not better.

getalife

April 21st, 2011
11:58 am

“Why didn’t congress pass a budget when the Democrats were in control?”

The gop senate broke the filibuster record.

Shattered it as a matter of fact.

UGA1999

April 21st, 2011
11:59 am

Getalife….they still could have passed a new budget….the dems were in control of both the House and Senate.

BMDPD

April 21st, 2011
11:59 am

SPC, deep down I think we all know you are right.

Joe Mama

April 21st, 2011
11:59 am

SoCo — “Subtract the food, and you could be talking about Europe too. I saw one Chevy Tahoe while I was there. I didn’t see the driver, or I would have asked him where did he drive and park it. The next closest vehicle in size to a suv is a bus over there.”

We traded our Tahoe in for a smaller wagon three years ago. I just got tired of the cost to fuel, insure and maintain it. It was nice to have it when we needed it, but I can rent a U-Haul for $20 a day when I need something with cargo capacity.

Some of the streets in South Korea would be terribly tight even for a midsize or compact car. An SUV wouldn’t even be able to get within hollerin’ distance of some parts of cities there. Japan’s not as bad, and the drivers are better, but I still don’t see how you could manage with an SUV from what I’ve seen of Japan.

Paul

April 21st, 2011
12:01 pm

@@

“Some of us like to take it all in, step back, and try to understand the larger picture.”

“My, my, but aren’t YOU special?”

I just thought of it as different, but if you want to think of me as special, that’s fine, too!

:-) :-) :-)

Mick

April 21st, 2011
12:01 pm

Jay, time for your next bong hit in 3…2…1….ah..cough, cough…wohhhh…yeaah dude…friday nite music….let’s go with some iron butterfly..

BMDPD

April 21st, 2011
12:01 pm

getalife, that is because the Dems will not compromise. Heck, they almost shut down the entire government over about 100 Milllion to planned parenthood who would survive without government assistance. It there is no compromise, then the country will go straight to h3ll.

getalife

April 21st, 2011
12:02 pm

uga,

The dems don’t march lock step like the gop.

Did you pay attention to w’s gop rubber stamp congress?

Everyday there was outrage over their out of control borrowing and spending.

But not from you cons.

Hypocrite much?

UGA1999

April 21st, 2011
12:03 pm

I have a question for all of the libs on the board. IF (I am not saying this will happen) Hillary decides to run against Obama…..who are you going to vote for?

Mick

April 21st, 2011
12:03 pm

**country will go straight to h3ll**

Seems like we’ve been there ever since this new millenium began…

md

April 21st, 2011
12:04 pm

“Odd, unions usually save jobs.”

Might want to google the number of bankrupt companies that had unions…….

“So, in other words, your union wasn’t so influential after all. Imagine that.”

Quite the contrary Bosch…….the union pushed for a work stoppage……..when we walked, the company closed it’s doors forever………

But not to worry……the union guys (which was a 3rd party union) landed on their feet at other companies represented by the same union……the folks they were representing….not so much.

That is why I advocate for local unions that would take into consideration the good of the people AND the good of the company……….the 3rd party boys have their own agenda………

getalife

April 21st, 2011
12:05 pm

“getalife, that is because the Dems will not compromise.”

That is a lie because they have compromised.

As a matter of fact, the left are outraged over their compromises or caving if you will.

Southern Comfort (aka The Man)

April 21st, 2011
12:06 pm

I know this thread will wind down, but this is soooooo appropriate for it…

http://www.washingtonpost.com/opinions/toles

UGA1999

April 21st, 2011
12:06 pm

Getalife…..this president has been the most wreckless with our money in our nations history. Come on man…you know better.

md

April 21st, 2011
12:06 pm

soco,

re: radical governments……..communist China is pretty radical……..but not stupid.

Joe Mama

April 21st, 2011
12:06 pm

UGA1999 — “I have a question for all of the libs on the board. IF (I am not saying this will happen) Hillary decides to run against Obama…..who are you going to vote for?”

I’m going to vote like Republicans do. I’ll vote for the craziest and most extreme REPUBLICAN in the primary, and then vote for the Democrat in November.

Simple.

getalife

April 21st, 2011
12:07 pm

md,

So, instead of compromising with the union, they shut down.

Sounds like bs to me md.

Got proof.

Paul

April 21st, 2011
12:07 pm

@@

“One more thing. It’s easy to see why you’re so impressed with our president. You have his gift for gab with little to show in results.

No offense intended, just an observation”

None taken. I just chalk it up to your ignoring specific policy recommendations that you choose to not engage on. That, and frustration over not towing a party line –

getalife

I do like long-term. Short-term is exhilarating in the moment, but long term is challenging.

Lil' Barry Bailout

April 21st, 2011
12:08 pm

Yeah, your Idiot Messiah is a “long term thinker”. Getting out of Iraq and Afghanistan–later. Closing Gitmo–not yet. Reducing the debt–maybe in a couple of decades. Reforming entitlements–not until there are no more poor or elderly or young.

Long term indeed.

Southern Comfort (aka The Man)

April 21st, 2011
12:09 pm

let’s go with some iron butterfly..

:shock:
Inagoddavida babee….. don’t cha know that I’ll always be true…

getalife

April 21st, 2011
12:09 pm

“Getalife…..this president has been the most wreckless with our money in our nations history. Come on man…you know better.”

Depressions are expensive to save.

Do you factor in saving the collapsed global economy in his spending?

Nope.

It is called intellectual dishonesty but you are new to politics aren’t you?

UGA1999

April 21st, 2011
12:09 pm

Joe Mama….you are right compared to Obama…McCain is the craziest politician!! Haha you guys are a real hoot!!

Mick

April 21st, 2011
12:10 pm

paul

In the long term, we are all dead…it would be nice to leave the kids something better than what was handed to us…that’s getting to be a mighty tall order, yet we try…

UGA1999

April 21st, 2011
12:11 pm

Getalife….saving a collapse global economy?? Last time I checked we are falling deeper and deeper into the hole. Now you want to increase our debt limit and what we owe to your pals the Chinese? Great WORK!!!

Yippee

April 21st, 2011
12:11 pm

There seem to be few other options available to rein in Obama and the Democrats from the extreme spending spree. IT HAS NOT WORKED. Stimulus my eye. More federal employees than ever; exemptions to union darlings; business climate akin to poison ivy; and regulations enough to send GE to the far flung reaches of the globe. It may look like politics and it may feel like politics, but IT IS ABOUT ECONOMICS. The country is on the brink of financial collapse.

Southern Comfort (aka The Man)

April 21st, 2011
12:11 pm

md

I’m not talking about governments. I’m talking about strap-on bomb wearing, RPG shooting, decapitating type radicals.

getalife

April 21st, 2011
12:11 pm

Paul,

I try to put myself in his shoes and think long term and legacy too.

@@ never called me special so I am jealous Paul :)

UGA1999

April 21st, 2011
12:12 pm

Getalife…..intellectual dishonesty…..you are aware that all of those guys in Washington party together and play golf together? You think just the repubs play the politician game? Wake up.

ken

April 21st, 2011
12:12 pm

Joe Mama, Gold will be $1700 an ounce soon. Big inflation is coming.

Swede Atlanta

April 21st, 2011
12:12 pm

MM

Yes I have purchased both food and gas. Both have gone up significantly in price. What is your point?

The price of oil is at a record high. The Chinese and Indian economies are booming and are consuming an increasing percentage of the world’s oil. While there is plenty of supply, the fact that we are at or near peak oil is in part driving prices. The uprisings throughout the Middle East including Libya are another factor. Libyan output is only about 2% of global production so they are statistically insignificant. But the fact there is unrest places the sources of oil like Saudia Arabia and Bahrain into question.

Drill baby drill will do nothing, zero, zippo to reduce the price of gas in this country. Canada is the largest exporter of oil to the U.S. The price of gasoline in Canada has increased 35% in a year. That is the free market at work. So even if we increased domestic production, it will be statistically insignificant in a global market. U.S. oil will go to the global market and priced accordingly. There will be no reduction in price unless we nationalize the oil companies and keep all domestic production for domestic consumption and centrally manage the price. That is not free enterprise. There would be nothing more than a slight impact to the U.S. trade deficit.

Then there is the factor of speculation in the market. The last Congress tried to address speculation but were stopped by Senate Republicans.

Food prices are going up, in large part, because of the increase in the price of oil.

But I don’t know exactly what you would have the President do. Increasing domestic production will have little to no real impact on price or the trade deficit. Only by weaning ourselves off of imported oil through conservation, the move to renewable energy and broad adoption of natural gas will we reduce what we pay for transportation which is the main use of our imported oil.

That might also reduce demand for oil which might, might, have a downward impact on price which would reduce the cost of fertilizers, etc. needed to grow and produce food.

UGA1999

April 21st, 2011
12:12 pm

Getalife….so would you vote for Obama or Hillary?

getalife

April 21st, 2011
12:12 pm

“Last time I checked we are falling deeper and deeper into the hole.”

The numbers will prove that is a lie.

snoqualmiefalls

April 21st, 2011
12:12 pm

Well well, it seems as if the Teapublicans are in a wad over this adventure.
How about a simple solution… run a Trump/Palin ticket or run a Bachmann/Trump ticket.. Everything that seems so confusing now will simply go away with these pillars of the just and right elected to lead our country.
Anyone? Anyone disagree?
Bring it on….. as Dim son used to say.

UGA1999

April 21st, 2011
12:13 pm

Ken…..yep….they just dont get it.

UGA1999

April 21st, 2011
12:13 pm

Getalife…..the numbers already prove that it is truth!!

getalife

April 21st, 2011
12:14 pm

“Getalife….so would you vote for Obama or Hillary?”

Both but Hillary is retiring.

Mick

April 21st, 2011
12:14 pm

soco

All right….the 18 minute epic by the butterfly…longest one hit wonder ever…a song that launched a thousand heavy metal ships..

Obama is over

April 21st, 2011
12:14 pm

Obama’s lack of leadership, inability to listen, and arrogance have forced the GOP to threaten extreme measures to get his attention. Ryan introduced a proposal to address the budget deficit and the response America got was partisan political name calling. What happened to the 2008 Obama who said there are no Red states or Blue states? The head of the nonpartisan CBO is quoted in the Princeton alumni magazine saying that there is no doubt that underlying structural factors affecting the budget deficit are adverse under current adminstration policy. Obama’s former CBO chief Peter Orszag is quoted in the same article saying that we are on an unsustainable path and it is not clear how we get off without suffering severe injury. No wonder he resigned. Fortunately, Gallup just released their latest data on Obama’s approval ratings. Only 35% of independents currently support Obama versus a 52% approval rating in 2008. Independents recognize that Obama is responsible for his actions since being in office and that he has no concrete ideas for solving our problems moving forward. He is still trying to make popular sound bites during campaign speaches like “taxing the rich” and “evil corporations.” There is little to no substance in any of his comments.

getalife

April 21st, 2011
12:15 pm

ug,

“Getalife…..intellectual dishonesty…..you are aware that all of those guys in Washington party together and play golf together? You think just the repubs play the politician game? Wake up.”

I am well aware of the game they are playing.

Mick

April 21st, 2011
12:15 pm

uga

Yes, all debt began on jan, 2009…please pass the pipe

UGA1999

April 21st, 2011
12:16 pm

Getalife….she is not retiring she is leaving her post as SOS. Why do you think she is doing that?

You cant vote for both…..some would call that voter fraud.

UGA1999

April 21st, 2011
12:16 pm

Mick….AMEN!

Lil' Barry Bailout

April 21st, 2011
12:16 pm

Then there is the factor of speculation in the market. The last Congress tried to address speculation but were stopped by Senate Republicans.
———-

False. The government investigated the effect of “speculators” during the last runup in gas prices and found that that was not a cause. Sounds good to the libbtards, though.

UGA1999

April 21st, 2011
12:17 pm

Getalife….ALL OF THEM!

getalife

April 21st, 2011
12:18 pm

ug,

I voted for Hillary in the primary and Obama in the general.

This is a pro blog you are trolling on and pros will reelect the President.

You will have to accept this reality.

redneckbluedog

April 21st, 2011
12:19 pm

Threatens to do damage…didn’t they actually do damage in 2008..? The same Eric Cantor, John Boehner, and Mitch McConnell who presided over the largest lost of wealth since the great depression now want to finish the job…..and take my mamaw’s Medicare with them…None of this makes any sense….and how much damage have the T-bags done in terms of unity, optimism, and moving this country forward…? America would be much better off if conservatives just dropped out of the government….They want smaller government..? Then they should drop out immediately…!!!!

UGA1999

April 21st, 2011
12:19 pm

Getalife….accept the reality? Have you seen his numbers lately?

Please tell me what you like about Obama so much and what he has done to earn your vote?

getalife

April 21st, 2011
12:20 pm

Looks like we got another wow.

redneckbluedog

April 21st, 2011
12:20 pm

Worried about debt…? Raise some taxes you play-doh heads….!!!!!

md

April 21st, 2011
12:21 pm

“Sounds like bs to me md.

Got proof.”

Yes, but I could really care less if it sounds like bs to you……..as long as I know the truth, doesn’t really matter what others may think…….doesn’t change what happened.

getalife

April 21st, 2011
12:21 pm

ug,

Google President Obama’s accomplishments to see he deserves a second term.

UGA1999

April 21st, 2011
12:22 pm

Get….I asked in your opinion. I want to hear it from you. Come on if you love him so much it should be easy.

UGA1999

April 21st, 2011
12:23 pm

redneck…..do you remember what happened the last time taxes were raised? The governments intake actually went down….do you know why?

Dave R.

April 21st, 2011
12:24 pm

“Google President Obama’s accomplishments to see he deserves a second term.”

Short list.

And no, he doesn’t.

getalife

April 21st, 2011
12:24 pm

Ok md.

As long as you believe it but I don’t.

UGA1999

April 21st, 2011
12:25 pm

Dave R….they just dont get it.

itpdude

April 21st, 2011
12:26 pm

Finally. Jay is taking the damn gloves off with the GOP buffoons. There is a lot wrong with the Democratic party. Plenty. We are talking about Cantor and his rhetoric and what the results would be if his rhetoric is made a formal policy.

Hopefully the Dems find a spine and fight back. Call the GOP bluff. Even if it’s not a bluff, it will cause harm now rather than later. If the GOP is hellbent on making the US collapse, they are going to do it now or later. Let’s do it now and get it over with.

Southern Comfort (aka The Man)

April 21st, 2011
12:27 pm

Mick

I can drive to work on that one song. Get’s me going every time I play it.

md

April 21st, 2011
12:27 pm

“As long as you believe it but I don’t.”

And that is the beauty of it……we get to choose whether we want to believe it or not………no skin off my teeth, but you may be doing yourself a disservice………..

Google can empower you with the knowledge……….seek it and you will be empowered.

getalife

April 21st, 2011
12:27 pm

“And no, he doesn’t.”

Why dave?

Kamchak

April 21st, 2011
12:27 pm

mm, Cheney’s comment was actually 7 years ago, and to be somewhat fair to the shape shifting lizard-man, he was speaking of the political impact of deficit spending.

I keep hearing that, but The Weakly Standard only devotes three sentences to the notion that comment was political in nature, and AmSpec doesn’t even mention it at all.

getalife

April 21st, 2011
12:28 pm

md,

You have a credibility problem.

Not my problem.

UGA1999

April 21st, 2011
12:29 pm

Arthur Blank just donated 3 Million to a local hospital. Is he part of the evil rich that you guys hate so much?

UGA1999

April 21st, 2011
12:30 pm

Obama is Over…….AMEN!!!!

getalife

April 21st, 2011
12:31 pm

ug,

“Dave R….they just dont get it.”

We get the gop will collapse the economy again like they are threatening to do now and will end Medicare.

Facts.

UGA1999

April 21st, 2011
12:32 pm

Getalife…..”will collapse the economy”?? How can we do something in the future that this president is doing NOW?

getalife

April 21st, 2011
12:32 pm

“Arthur Blank just donated 3 Million to a local hospital.”

Which hospital.

md

April 21st, 2011
12:34 pm

“You have a credibility problem.”

Too funny………matters not to me if one decides to remain ignorant of the truth……hurts that individual much more than it ever will me………

Go for it……..

UGA1999

April 21st, 2011
12:34 pm

Getalife….Childrens Healthcare of Atlanta.

Joe Mama

April 21st, 2011
12:34 pm

UGA1999 — “Joe Mama….you are right compared to Obama…McCain is the craziest politician!!”

Well, he *did* say during the campaign that he ‘knew how to get bin Laden.’ Was he only going to tell us how if he got elected, or did he share his insight with our military and his method just didn’t work? Inquiring minds want to know.

“Haha you guys are a real hoot!!”

Who are “you guys?” Firearm-owning college-educated disabled veteran former Republicans who were raised up in the Deep South? ‘Cause that’s who I am.

getalife

April 21st, 2011
12:35 pm

md,

Just admit you lied and we will move on.

poison pen

April 21st, 2011
12:37 pm

getalife

April 21st, 2011
12:21 pm
ug,

Google President Obama’s accomplishments to see he deserves a second term.

Google his failures and see what you get.

UGA1999

April 21st, 2011
12:37 pm

Joe Mama…..He has already told us how to get Bin Laden but Obama refused to do what is needed to get him.

Veteran? Thank you for your service.

Joe Cool

April 21st, 2011
12:37 pm

Gotta love when the cons say, “Obama’d done in 2012″, when theres NO challenger..lol.

That means for them, they’d nom and vote for Katy Perry :-)

UGA1999

April 21st, 2011
12:38 pm

Poison…..getalife cannot get past the truth.

Joe Mama

April 21st, 2011
12:38 pm

Yippee — “More federal employees than ever”

So when President Bush formed a new Federal Department and presided over the largest expansion of government and Federal employees in a generation (all early in his first term), were you upset about that?

‘Cause President Obama hasn’t done *anything* remotely like that.

Lil' Barry Bailout

April 21st, 2011
12:40 pm

when President Bush formed a new Federal Department and presided over the largest expansion of government and Federal employees in a generation (all early in his first term), were you upset
——

Yes. Next easily answered question.

poison pen

April 21st, 2011
12:40 pm

I remember you Libs saying that you would win last year also, and guess what, you got your AZZ handed to you. hahahahahahahaha

Joe Mama

April 21st, 2011
12:40 pm

Ken — “Joe Mama, Gold will be $1700 an ounce soon.”

Because of speculation more than inflation.

“Big inflation is coming.”

Assuming you’re right, gold’s not where you want your money. Gold’s a hedge against UNEXPECTED inflation, not ANTICIPATED inflation.

UGA1999

April 21st, 2011
12:42 pm

Joe….you are right and wrong regarding gold. It is not as volitle as the stock market at times. However if you had money in gold over the past 5 years you have done great.

As long as our economy spirals downward the price of gold will continue to increase.

poison pen

April 21st, 2011
12:42 pm

Joe Mama

April 21st, 2011
12:38 pm
Yippee — “More federal employees than ever”

So when President Bush formed a new Federal Department and presided over the largest expansion of government and Federal employees in a generation (all early in his first term), were you upset about that?

‘Cause President Obama hasn’t done *anything* remotely like that.

Joe, if you don’t know the reason why Bush formed a larger Govt. agency. then please type in 9/11. DUH!

Joe Mama

April 21st, 2011
12:43 pm

UGA1999 — “Joe Mama…..He has already told us how to get Bin Laden but Obama refused to do what is needed to get him.”

I don’t believe you. What was his claimed foolproof method? Evidence? Link?

“Veteran? Thank you for your service.”

You’re welcome.

Once again, who are “you guys?”

Dave R.

April 21st, 2011
12:44 pm

“And no, he doesn’t.”

Why dave?”

Now THAT would be a LONG list, getaclue.

Joe Cool

April 21st, 2011
12:44 pm

1 BILLION dollar Machine VS The GOP 25 Million in the red!

Joe Mama

April 21st, 2011
12:45 pm

Lil’ — “Yes. Next easily answered question.”

Please explain the specifics of your complaint with his action.

UGA1999

April 21st, 2011
12:46 pm

Joe….”you guys” I meant the left.

McCain has consistantly said that Osama is in Pakistan. Obama refuses to go after him. You are a ex vet. Ask some of your fellow solidiers. They are being told the exact same thing.

poison pen

April 21st, 2011
12:48 pm

Why aren’t you asking why Clinton didn’t get him when he had 5, yes 5 chances to.

Joe Mama

April 21st, 2011
12:49 pm

UGA1999 — “Joe….you are right and wrong regarding gold. It is not as volitle as the stock market at times. However if you had money in gold over the past 5 years you have done great.”

But not because of inflation, because there hasn’t *been* any inflation over the last 5 years. Gold’s done well over the last 5 years because of SPECULATION, which is what happened recently to the real estate market.

I don’t think I’d want to be heavily invested in the next bubble to pop, thank you very much. Plus, owning physical gold is a very, very dicey investment strategy unless you know what you’re doing and you keep meticulous records. Very, very few precious metal issues qualify for preferential treatment from the IRS, and those that don’t are subject to taxation as *collectibles* as if they were paintings or sculptures — and that tax ain’t pretty.

“As long as our economy spirals downward the price of gold will continue to increase.”

As long as speculators continue to flog gold, the price of gold will increase until the bubble pops. I wouldn’t have more than 5% of my portfolio in precious metals right now. Rare industrial metals is a much better place, as the Chinese are trying to quietly corner the world market on many of them.

Joe Cool

April 21st, 2011
12:49 pm

New Thread Upstairs.

UGA1999

April 21st, 2011
12:50 pm

ken

April 21st, 2011
12:51 pm

Joe Mama, don’t buy gold, buy KMP. It’s growing like Obama’s lies.

Joe Mama

April 21st, 2011
12:55 pm

UGA1999 — “Joe….”you guys” I meant the left.”

Oh. I thought you were an America-hating veteran disser. It’s so hard to tell these days.

“McCain has consistantly said that Osama is in Pakistan.”

Having an idea where OBL is and ‘knowing what to do to get him’ are two different things. What was McCain’s foolproof plan to actually GET OBL, which he claimed to have?

“Obama refuses to go after him.”

What was McCain’s supposedly foolproof plan, please?

“You are a ex vet.”

No, I’m a current vet. I’m an ex-soldier.

“Ask some of your fellow solidiers. They are being told the exact same thing.”

Actually, what I’ve heard is that McCain was full of bullspit and was just trying to get elected.

poison pen — “Why aren’t you asking why Clinton didn’t get him when he had 5, yes 5 chances to.”

Because OBL hadn’t pulled off 9/11 yet and our own intelligence services rated him a low threat for most of the Clinton administration. It wasn’t until the plans for the failed Operation Bojinka (a 9/11-like plot in Asia) came to light, late in Clinton’s term, that we began to rethink how dangerous OBL really was.

Clinton *did* get the guys behind the bombing of the WTC in 1993. Bush *didn’t* get OBL, who was behind 9/11.

John Birch

April 21st, 2011
12:57 pm

We have lifestyles totally dependent on deficit spending. Not only are we individually and as a nation spending more than we earn, but We’re rapidly emptying the bank of fossil fuels too. There is a price to pay for this overconsumption, a big price, and the bill is coming. Soon! BTW – The best investments for inflation hedges are canned goods, guns, and ammo.

Yippee

April 21st, 2011
1:02 pm

@Joe Mama

April 21st, 2011
12:38 pm

So when President Bush formed a new Federal Department and presided over the largest expansion of government and Federal employees in a generation (all early in his first term), were you upset about that?

If it was to secure and protect our nation from terroists, then I see legitimate justification. If it had been to put as many votes in the public sector unions as soon as possible then I would have to say:

HELL NO

Yippee

April 21st, 2011
1:04 pm

Obviously my point would be to say HELL NO to adding the public sector jobs, and HELL YES to being upset, but then everyone got my point, right?

Joe Mama

April 21st, 2011
1:04 pm

Yippee — “If it was to secure and protect our nation from terroists, then I see legitimate justification.”

Do you feel that was the reason? If so, do you feel that the new agency is accomplishing that goal? Why or why not?

Matt

April 21st, 2011
1:07 pm

It’s really funny how so many people who comment on Jay’s blog want this functioning, modern country, but they don’t want to pay to build it.

I make $18,500 a year now. I pay my income tax to both Georgia and the federal government at the end of the year, and I’m happy to do so.

Yippee

April 21st, 2011
1:09 pm

Yes. Somewhat. The Federal Government programs rarely operate as designed.

jj

April 21st, 2011
1:18 pm

Swede Atlatna: this is the third or fourth time in my life that we have reached peak oil. I have no idea if there is more or not, I’m just saying no projection has been correct in the last 60 years.

buck@gon

April 21st, 2011
1:19 pm

Paul @ 9:02

“You mean the President Obama who the other day said, “anybody here married? When was the last time you got everything you wanted and your spouse got nothing?” (paraphrased)”

Well, I’m not married to an adolescent, and I wouldn’t compromise very far with one if I chose to be married to one anyway, especially if he wanted to go to Vegas with all of my (our) money that we just borrowed from a Chinese loanshark. At the very least I’d confiscate the keys to his car. Maybe you should ask Jay Bookman why he doesn’t compromise with his 30-year-old son (now 31) who left home and wants to come back–doesn’t think it’s fair that he make the sacrifice of supporting himself without at least some representation.

Mary Elizabeth channeling Paul Krugman:
“Republicans would push through popular tax cuts, with the deliberate intention of worsening the government’s fiscal position. ” Truly, Elizabeth/Krugman you are on the cutting edge of arguments and deserve all of the Nobel or Noble prizes the left can dream up. Let’s see, if I were to make a similarly ludicrously outrageous claim, I might say, “Democrats would push through popular tax increases, with the deliberate intention of worsening the economy.” What’s the difference? Krugman’s a genious and the right is “extreme”.

Fortunately, conservatives are far less petulant, whining, more mature and we don’t resort to our fantasized mind-reading skills to divine our dumb demagogueic arguments. How about we make a deal Mr. Krugman? You be civil and we will too. Till then, it’s “gun to the head” for the “economy” as far as you and your vapid lieutenant Jay Bookman are concerned, kay?

Oooooh, Mary, the President was balanced and substantive?

That’s funniest I’ve heard since someone described HIM as giving a “metalevel” speech! Can’t you just make up a word full of wonder and magic and awe, call it your nascent Obamacabulary?

Jackie @9:33

“It appears the current discussion about the debt ceiling is merely a diversion by the so-called conservatives to erase the enormous blunders made during the Bush Administration. ”

Why are conservative discussions always “diversions”, Jackie? Can you tell me how you know for certain that the Tea Party isn’t sincere about spending? Do you borrow for your living, or do you earn money and work for it? I can’t wait to hear from you.

poison pen

April 21st, 2011
1:21 pm

Joe Mama, Bush got a hell of a lot more terrorists that Obama, Obama won’t even call them terrorists.

Joe Mama

April 21st, 2011
1:23 pm

Yippee — “Yes. Somewhat. The Federal Government programs rarely operate as designed.”

I’m not sure I follow your response. Could you elaborate, please?

Joe Mama

April 21st, 2011
1:24 pm

poison pen — “Joe Mama, Bush got a hell of a lot more terrorists that Obama, Obama won’t even call them terrorists.”

What? What are you trying to say? I’m afraid I don’t understand this “Bush got a hell of a lot more terrorists that Obama” notion.

@@

April 21st, 2011
1:40 pm

Paul:

I rather think you have an uneasy time looking at contradictions in situations that don’t fit pure ideology.

You do, do ‘ya? Hear this, dude! I’ve found jay’s conservative posters to be more tolerant of my “squishiness” than you are of my so-called “ideology”.

I just chalk it up to your ignoring specific policy recommendations that you choose to not engage on. That, and frustration over not towing a party line

You don’t hold exclusive title to “not towing a party line.”

I’m neither malleable (able to be drawn) or ductile (able to be hammered thin) so get over your “special” self. You AND AmVet! I’ve voted for your precious third-party candidates, only to come up a loser.

The Tea Party Movement is the closest we’ve come to a serious third-party alternative in some time. You and your buddy find fault in THEM.

It’s hard to tell which is which when it comes to you and AmVet. Are you the “pusillanimous p*ssyfooter” or the “vacillating vicar”? Together the two of you make for one “hysterical hypochondriac.

:grin: :grin: :grin: :grin: :grin:

oldguy

April 21st, 2011
2:03 pm

Jay,
“damage to the country?” Lets hope so!! If someone doesn’t put a stop to the Demoncrats “Drunk Sailor” spending of borrowed money there will be no country!!
BTW: The Drunk Sailor analogy is actually unfair….. a drunk Sailor has to quit spending went he runs out of money; Demoncrats, on the other hand simply borrow, tax and print more.
And now you pi$$ and moan when Congress says “NO MORE!!”
If the economy crashes….SO BE IT!!

Titleist101

April 21st, 2011
2:08 pm

Destructive ?????? You want to see destructive ? Wait until reality hits the economy after quantitative easing part II / monetizing the debt. Its easy to keep printing money without recognizing the long term consequences (ie: falling dollar, higher interest rates). Another example of inexperienced children at the helm.

TnGelding

April 21st, 2011
3:07 pm

The Tax Reform Act of 1986 was a disaster.

Enough Repubs will vote to raise the debrt ceiling if the leadership will let it come to a vote.

TnGelding

April 21st, 2011
3:09 pm

poison pen

April 21st, 2011
1:21 pm

The only good terrorist is a dead terrorist. That said, why doesn’t the GOP have enough confidence in our justice system to give them a trial?

dw

April 21st, 2011
3:10 pm

Jay,

You can’t think of another. You must be getting old and forgetful. Just think back about 1 year ago when the libs just flat out did similar. Obummercare.

Thulsa Doom

April 21st, 2011
3:51 pm

That crazy ole right wing nut Glenn Beck predicted 2-3 years ago that within 5 years the U.S. would see its debt downgraded as a result of profligate spending. What a loon!

Huh? What’s that? What you say? The U.S. debt was downgraded by Standard and Poor’s credit rating agency? And they may further downgrade our debt if we can’t get our financial house in order? I apologize Mr. Beck. Seems like your crazy arse was right all along after all.

Thulsa Doom

April 21st, 2011
3:52 pm

Jay on Obama- he can do no wrong
Jay on GOP- they can do no right

Joe Mama

April 21st, 2011
4:00 pm

Mr. Doom — “Huh? What’s that? What you say? The U.S. debt was downgraded by Standard and Poor’s credit rating agency? And they may further downgrade our debt if we can’t get our financial house in order? I apologize Mr. Beck. Seems like your crazy arse was right all along after all.”

Clearly, you need to liquidate your childrens’ college fund and put it ALL into those gold coins that Mr. Beck hawks on his show. Nothing could *possibly* go wrong with that plan.

HDB

April 21st, 2011
4:07 pm

Too many people are persistently blaming President Obama on doing what was necessary to prevent a recession from turning into a depression….and focusing on certain issues, i.e., healthcare, that in the LONG TERM, will and CAN adversely affect the nation’s financial being. The true era of profligate spending began in the Reagan Years….and continued to this current point!!

It will be necessary to BOTH reduce spending and increase taxes to get this nation’s bugetary house in order. The question is: Is this nation willing to do what is necessary WITHOUT marginalizing the poor (as they are persistently doing now!). As Colin Powell stated: “At the same time, let us never, let us never step back from compassion. The message we must convey to the American people is that we fight for health care reform, we fight for welfare reform and other reforms not just to save money, but because we believe there are better ways to take care of Americans in need than the exhausted programs of the past. We must be firm but we must also be fair. We have to make sure that reduced government spending doesn’t single out the poor and the middle class. Corporate welfare, and welfare for the wealthy must be first in line for elimination.”

Thulsa Doom

April 21st, 2011
4:11 pm

Joe Mama,

Good comeback. But quite frankly I don’t view gold as much of an investment. I think a better investment would be oil futures. Seems Obama is fantastic at helping Brazil exploit its own oil offshore resources with loan guarantees while his crony Salazar ignores federal judge’s orders to permit drilling for our own oil. That’s just one factor in oil going up though. The other main factor is the continous decline of the dollar which will continue to free fall as our debt situation grows ever worse. The result? Dollar denominated oil purchases will cost evermore. Now they’re talking $6 a gallon by summer. What is it?- 33 straight days of oil going up? Good thing we are rapidly making the transition to green energy with Obama? Not to mention that the millions of green jobs that Obama promised are helping out. We did see millions of new green jobs created just like Obama promised right?

Thulsa Doom

April 21st, 2011
4:15 pm

Joe Mama,

On the other hand the news just hit. Gold just settled above $1500 an ounce for the first time in history. Hmmmm! I bet those folks who bought gold are just laughing their tails off right about now.

deegee

April 21st, 2011
4:28 pm

I bought 7 ounces of gold in 1984 for $300.00 an ounce from an old boyfriend who needed a down payment for a truck. I still have that 7 ounces and the old boyfriend is long gone. Woohoo!

Atlanta 1

April 21st, 2011
4:36 pm

As opposed to the stellar job that the democrats to has…

Joe Mama

April 21st, 2011
4:47 pm

Mr. Doom — “Good comeback. But quite frankly I don’t view gold as much of an investment.”

I don’t, either. I think the bubble’s going to break any time now, and anyone caught holding the bag will be in serious trouble.

“I think a better investment would be oil futures. Seems Obama is fantastic at helping Brazil exploit its own oil offshore resources with loan guarantees”

The Brazilians just confirmed a huge new offshore field late last year, but I am more interested in rare industrial minerals. It seems that the Chinese have decided to quietly start acquiring all the resources and shares they can in that field. I have a buy-and-hold strategy in that sector.

“while his crony Salazar ignores federal judge’s orders to permit drilling for our own oil.”

Salazar’s a dirtbag, IMO.

“That’s just one factor in oil going up though. The other main factor is the continous decline of the dollar which will continue to free fall as our debt situation grows ever worse. The result? Dollar denominated oil purchases will cost evermore. Now they’re talking $6 a gallon by summer. What is it?- 33 straight days of oil going up?”

This is all an excellent argument for having done more alternative energy research in the Clinton and Bush administrations.

“Good thing we are rapidly making the transition to green energy with Obama? Not to mention that the millions of green jobs that Obama promised are helping out.”

Those can’t happen without investment, and Congress doesn’t want to invest. This would be like me slagging on Bush’s No Child Left Behind initiative without pointing out that Congress never funded it. It’s dishonest to take either of those positions, Mr. Doom.

“We did see millions of new green jobs created just like Obama promised right?”

Jobs without investment? Show me how even the private sector can do that.

“On the other hand the news just hit. Gold just settled above $1500 an ounce for the first time in history. Hmmmm! I bet those folks who bought gold are just laughing their tails off right about now.”

Gains on paper won’t buy you anything. If I was holding a passel of gold right now, I’d be looking for someone to buy it from me. Probably a Glenn Beck viewer would be the best bet.

Logical Dude

April 21st, 2011
4:54 pm

I know I’m really late to this, but I posted this on a friend’s page as well:

DON’T RAISE THE DEBT LIMIT!!!
What? You say we’ll crash the world economy if we don’t raise our debt limit?? darn!.
RAISE THE DEBT LIMIT!!!!
What? You say our WHOLE COUNTRY will be downgraded by S&P if we keep raising the debt limit? Darn it again!

All that’s left to do is RAISE TAXES and CUT SPENDING!!!! How the HECK can we do THAT if everyone cries about it?

A little needle prick now is better than an amputation later!
Why can’t Congress and/or voter understand that?

Fred

April 21st, 2011
6:06 pm

Typical republican behavior.

captguitarman

April 21st, 2011
6:09 pm

So where does it stop? Does it ever stop? When will there not ever be a requirement to raise the debt limit and just print more dollars, dollars that have los their value year after year after year? Well, when does an alcoholic stop drinking? When someone takes away the bottle, that’s when. As long as the bottle is there, he keeps on drinking, and as long as the Dems can just wave a magic wand and print all the increasingly more worthless money they want, they will do it. Leadership? They dare mention leadership. Leadership goes hand in hand with tough love, and there has been no tough love in our government since LBJ started the Great Society in the 60’s. The Dems have spent decades promoting, fostering, nurturing more and more government dependence and “entitlements” (God, I hate that word) in exchange for votes. Why is Social Security headed for bankruptcy? Can’t you remember? Can’t you just hear it? Those Republicans want to take away your Social Security. It worked. Now there won’t be social security for anyone. The chickens always come home to roost, and they are coming home now with a vengeance. Spend, spend, spend. It has got to stop. It is unsustainable — we will become Greece — bankrupt. And who will bail the United States out? China? And now we have the Dems who created the largest and most expensive new “entitlement” in the history of this nation in the depths of the Great Recession dare to lecture us about leadership.They don’t know the meaning of the word.

Peter

April 21st, 2011
6:34 pm

Hey Oldguy……Please don’t blame Obama for the huge debt…..the deficit goes up because the Bush interest increases by the second……….duhhhhh.

You know the deficit including the wars he started along with the tax cuts…..

Did you know Bush was the only president in the history of the US to start a war and cut taxes ?

Gee how was he going to pay for it ?

Peter

April 21st, 2011
6:37 pm

Hey Logical Dude…..why don’t we just walk from all the wars ? Bring the military home, and let them guard our boarders ?

Maybe cause Corporate America won’t be happy ?

B

April 21st, 2011
6:44 pm

of course, why didn’t I think of that – It’s Bush’s fault. Haven’t heard that one before…

Vince

April 21st, 2011
6:45 pm

Although effective tax RATES are lower, tax REVENUES have generally increased over time thanks to a growing economy. While tax rates have changed over time, the percent of GDP allocated to taxes remains relatively flat. Federal revenues in inflation-adjusted dollars, have tripled since 1965. The problem is that federal spending outpaces revenues. Since the 1960’s, the U.S. government has nearly consistently spent more than it collected. The big disaster arrived around 2008. While tax revenues are an issue, so is government spending. The budget DEFICIT, just this year, is larger than Clinton’s ENTIRE 1995 budget. I will not support additional taxation. The federal government MUST create a plan for actual budget reductions. State and federal taxes are already most productive citizen’s single largest expense.

Vince

April 21st, 2011
6:48 pm

Jay: You and your kind have already done enough damage.

Joe

April 21st, 2011
7:48 pm

You’re so right on this one Jay. At least the title of your tripe anyway. They could do damage to Obama and the dems far left agenda. Lets hope so…..

Martin Williams

April 21st, 2011
8:45 pm

Will strongly make this statement as many times as possible or get a chance. The United States Of America NEEDS a CIVIL WAR and very soon. Maybe it will put some sense to all of us especially our STUPID politicians.

steveo

April 21st, 2011
9:14 pm

I hear the new klan haters out there after the President. Short memory. You Gents obviously don’t remember your boy exporting our jobs in 04. Sending his owners family home on 9/12. Criminal acts to carry us into the Iraq Quagmire. torture, removing tax on stock dividends, Helping OBL to escape before going into Afghanihole, I laugh when I see these faux conservative bazooms out here in hickville thinking they have enough cheese to even read on the radar of these sold out losers. My savior says its easier to thread a camel through the eye of a needle. Destruction of our system and our enslavement probably was a part of the “patriot act.”

deegee

April 21st, 2011
9:15 pm

Every time I see Eric Cantor he just makes me think of a bobble head doll. He has got to be the dorkiest congressman ever. But, at least he doesn’t have Eddie Munster hair like Paul Ryan.

deegee

April 21st, 2011
9:24 pm

And the nerve of Rick Perry (R) Governor of Texas. The tea bagging governor of Texas is begging Washington for some federal help with the wildfires in his state. Wouldn’t you think that a good Tea Party patriot would deal with the wildfires without burdening taxpayers and adding to the federal deficit?

independent thinker

April 21st, 2011
9:35 pm

GE announced today strong first-quarter 2011 operating earnings of $3.6 billion, up 58%, or $0.33 per share, up 65%, from the first quarter of 2010. AND IT PAYS NO FRIGGING TAXES!
HOW MANY JOBS HAS IT SHIPPED OVERSEAS/ AND HOW MUCH DOES IT GET IN GOVERNMENT CONTRACTS. ? SOMETHING IS WRONG WITH THIS PICTURE . JUST LIKE MICHELLE bACHMAN’S HUSBAND GETTING $250,000 SUBSIDIES FOR HIS “FAMILY FARM”
and how much in taxes did Donal Trump pay last year?
GET REAL REPUBLICANS!

GOP &Tea nuts Lost in space for working class

April 22nd, 2011
2:35 pm

You here all the GOP and tea nut say CUT CUT but not my things- they want it for free! They (GOP)voted from the begin NO on social security no on Medicaid all they want to do is kill the programs! working people news flash they(GOP& TEA NUTS) are not for working class people. AND you clowns vote to cut your face off. They are not trying to save the country they are out to save the rich. Let you and your mon’s and dad’s pay for social security and medicaid. People love drinking the GOP Kool-aid. working class people they are going to put pipe to you and this nations. Brainless!! people 3% make 40% of the money in the U.S.A and the GOP is try to give them the rest of the 60% of the money. GOP hates working class what have they done for you ? Putting pipe to the middle class!! we do need to work together GOP and Dem then we all win if not we all lose !! Fact we all need to give up something for us to all win!!!

GOP &Tea nuts Lost in space for working class

April 22nd, 2011
2:44 pm

If you took the Cap off of social security that is at 106,000 this problem would almost go away. again another Tax break for the rich!! small change the other 96% pay this tax all year anyway!

tony

April 22nd, 2011
10:04 pm

Look to one of my favorite movies, Blazing Saddles, to get an idea of what the R’s are doing. Remember when the new sheriff, after the townspeole discover that their new sheriff is black? When they came at him he drew his pistol and took himself hostage, saying “Stand back or the N gets it!” They believe that the American people are as gullible as the good folks of Rock Creek.

Ralph Cramdon

April 25th, 2011
2:28 pm

Republicans believe with all their hearts that the rich are too poor and the poor are too rich – and Republicans will try with all their might to rectify that appalling situation by stealing every penny they can from the poor and giving it to the rich.