Budget talks: This is getting nasty

How is Obama doing with independents again??? In other words, right back atcha, sport.

 

That collateral damage is already baked in the cake. Unilateral action would merely be to allow the government to avoid running on a settle-up-accounts-at-the-end of the day basis like the Duke Bros., creating massive slashes in operations and chaos on a daily basis, as the government's obligations are pretty steady, but the revenues tend to come in lumps.
Obama won't consider it. He's too weak. In the end, he will give the Republicans everything they want. Sometime this week, you will learn you won't be eligible for Medicare until age 67. It's amazing, really. The guy would rather be a one-term President (which this will insure), then fight for anything.
PS: Carlton, you have ideology. Your politics are merely tribal. When President Romney proposes tripling the deficit to create jobs, you'll be right here cheering him on.

 

Way off topic, but you mentioned Frum. If you have the chance pick up his book "The 70's: How we got Here." Kind of hard to find but an outstanding look at the decade. A lot of fun to read...especially if you were a child of the 70's.

Frum's take could be right on point...but I would be willing to see that situation play out rather than keep riding this train to fiscal ruin we are on. We are spending at an unsustainable pace and it has to stop. Close tax loopholes if you have to, just don't use taxes to confiscate and redistribute wealth. That is the problem I have with this entire situation...Obama seems to want massive tax increases now and marginal spending cuts way down the road. I don't care who holds the House or Senate...I just want to see the brakes slammed on with this government spending.

 

Just so you know, I said on a different thread that I do not mind increasing the debt limit now because borrowing is so cheap. However, the money needs to be spent in the right places and taxing the rich punitively makes no sense. My problem is that I do not trust this president to spend the money in the right way...and I look at his stimulus bill and the UAW bailout in making that decision. I think tax cuts across the board is the answer to get the economy rolling. Obama would rather throw money away on "shovel ready" jobs that turned out not to exist and turtle tunnels. We all have idealogy.

 

Yet further evidence of your ability to be completely unswayed by facts.

 

Obama, Biden, Reid, and Pelosi meeting soon at the WH.

FOX just reported that Reid has prepared a "fallback" position that would raise the Debt Ceiling by $2.5T and would include "no new revenues".

That would take it to early 2013.

 

Translation: He (Obama) could do it and give the GOP an excuse to impeach him in 2013, or he could just let Cantor wreck the train and see where the chips fall.

 

If I were Obama, I'd let them do it, then say to the American public, "here's the GOP vision of your future. They wanted it, they got it, now THEY own it."

 

Expect that's pretty much what's going to happen. A number markedly lower than >4 trill, but "NNR".

 

Complete surrender, as always. Then they'll be surprised when vaporized in 2012. Stupid and cowardly. I see no reason to vote Democratic. It's just a slower way of voting Republican.

 

What is this in reference to? Is there new news?

 

So if you are against punishing (your term) the rich via tax increases, then how do you feel about punishing middle and lower class people (even children) via cuts?