July 24, 2011

Reid, Pelosi Push Debt Deal With $2.5T in Cuts
— rdbrewer

That picture cracks me up. It looks like adults trying to get some work done. Without the distraction of a self-absorbed brat-president. From National Journal:

Senate Majority Leader Harry Reid, D-Nev., and House Minority Leader Nancy Pelosi, D-Calif., met at the White House for a meeting at 6 p.m. that lasted a little more than an hour. The meeting started an hour after the first of the Asian global markets opened. House Speaker John Boehner, R-Ohio, on Saturday had asked for a debt framework before then, intended to give the Asian markets time to process a last-ditch bid to ward off the market turmoil.

Reid is taking a proposal for "at least" $2.5 trillion in spending cuts as part of a debt-ceiling deal, seeking Obama's approval, according to an aide.

Both Reid and Boehner are advancing plans to raise the debt ceiling. The biggest difference is that the Reid plan would increase the borrowing limit through at least the November 2012 election, while the Boehner proposal would have two stages – with the debt ceiling increase coming early next year and allowed only if matching spending cuts are enacted. Democrats have said that carrying the borrowing authorization past the election is a make-or-break provision. Republicans want two votes, saying they hope to wring more savings.

Meanwhile, conservatives are pushing for a bill to force Obama to avoid default and to pay Social Security recipients and soldiers. From The Hill:

Members of the Senate Tea Party Caucus have met with House freshmen to discuss a plan to pressure House Speaker John Boehner (R-Ohio) to bring the Full Faith and Credit Act to the floor.

The legislation would direct Obama to prioritize federal payments to the nationÂ’s creditors, Social Security recipients and soldiers serving in Afghanistan and Iraq.

And the White House just revealed it will go along with whatever deal that makes it through Congress.

In an accidental moment of honesty, White House Deputy Press Secretary Dan Pfeiffer today admitted on Twitter that President Obama will likely sign any debt deal Congress sends his way.

So, it looks like real progress is being made.

Posted by: rdbrewer at 04:40 PM | Comments (114)
Post contains 371 words, total size 3 kb.

1 And the White House just announced it will go along with whatever deal that makes it through Congress. In an accidental moment of honesty, White House Deputy Press Secretary Dan Pfeiffer today admitted on Twitter that President Obama will likely sign any debt deal Congress sends his way. Wow! A stunning example of what Obama's Presidential Leadership is all about!! What a poseur Barry is, pretending to be a leader.

Posted by: CoolCzech at July 24, 2011 04:44 PM (kUaEF)

2

It looks like they may have called Obama's bluff and it turns out it was just a bluff.

 

Posted by: retired military at July 24, 2011 04:44 PM (kZW4U)

3 Like I been sayin....political theatre.  This isn't about what's best for the country, rather what is best for the two headed beast.

Posted by: DailyDish at July 24, 2011 04:46 PM (Qagzd)

4 White House Deputy Press Secretary Dan Pfeiffer today admitted on Twitter that President Obama will likely sign any debt deal Congress sends his way

LEADERSHIP!!!

What?  Signing whatever someone else comes up with while dancing around making work harder on everyone is pretty much "leadership" right?  VICTORY!

I mean I've had bosses who did this; so this must count as a win for Obama, he finally got a deal put through in spite of his work... that's impressive, right?  Look at that impressive leadership and delegation... the man has clearly won himself another vacation and some extra golf time.

Posted by: gekkobear at July 24, 2011 04:46 PM (TaWMq)

5 2.4 trillion in government cuts is the equivalent of the economic impact of 9-11. Republican's want to preform their own WTC bombing on the American economy.

Posted by: left wing economist at July 24, 2011 04:47 PM (VidfH)

6 Obama's bluff gets called, he folds . . . then leaps to his feet and yells "I WIN!"

Posted by: Trimegistus at July 24, 2011 04:48 PM (3LhRG)

7 Leading from behind!  CHARGE......you guys.

Posted by: Truck Monkey at July 24, 2011 04:49 PM (yQWNf)

8 So the Pres  ent has figured out he is getting credit for a default and the market turmoil that's going to start tomorrow morning. Dow opening what, down 250 or more?

Posted by: kansas at July 24, 2011 04:50 PM (A+g5T)

9 They should be sitting around an ordinary kitchen table, drinking coffee out of chipped, mismatched mugs like most of America. They have spent the country into poverty and they continue to preen like royalty. F.U. That's all I can think of when I see them.

Posted by: USA at July 24, 2011 04:50 PM (6Cjut)

10 Just seeing the image of Boner the Weeper sitting there smiling with those senile Democrat goons leads me to think some swindle is being prepared.

Osama Obama may be a traitor and the most dangerous individual ever to make it to D.C., but the slimeball couldn't get what he wanted without Congress aiding, abetting, and issuing him free passes.

Let's see details before thinking the Chicago Jesus didn't win this game.

Posted by: MrScribbler at July 24, 2011 04:50 PM (YjjrR)

11 Call my bluff, guys!

Posted by: President Sissypants at July 24, 2011 04:52 PM (c0A3e)

12 President Obama will run to the front of the Macy's Thanksgiving Day parade this November and pretend like he is leading that too. 

Posted by: no good deed at July 24, 2011 04:53 PM (mjR67)

13 "And the White House just revealed it will go along with whatever deal that makes it through Congress."

If this is true then why isn't the full repeal of obamacare in there?

Posted by: curious at July 24, 2011 04:53 PM (k1rwm)

14 "Without the distraction of a self-absorbed brat-president."  That felt good.  It's good to be king cob logger.

Posted by: rdbrewer at July 24, 2011 04:54 PM (baxIY)

15 I think we all need to get our talking points correct for this debate. government spending=critical investments revenue=tax increase Now continue...

Posted by: left wing economist at July 24, 2011 04:55 PM (VidfH)

16 Fore!

Posted by: The Won at July 24, 2011 04:55 PM (6Cjut)

17 6 Obama's bluff gets called, he folds . . . then leaps to his feet and yells "I WIN!"

The ball bearings are coming out any time now. 

Posted by: pep at July 24, 2011 04:56 PM (6TB1Z)

18 Obama's bluff gets called, he folds . . . then leaps to his feet and yells "I WIN!"

I do so hope he does that.  Obama's going to look like an ineffectual clown after this bill goes through. 

Posted by: rdbrewer at July 24, 2011 04:56 PM (baxIY)

19

What day and hour will we see disheveled leaders from both parties taking turns at a podium lauding themselves and each other for savng the republic once again? You know it's coming, and you know it's going to be a farce. 

Posted by: Meremortal at July 24, 2011 04:57 PM (7FgWm)

20 CCB, no taxes and nothing else. Fuck you, King Putt. WE THE PEOPLE won!

Posted by: J.J. Sefton at July 24, 2011 04:57 PM (UlUS4)

21 This sounds like, at least slogan progress, but is the Senate going to go along with anything fiscally sane?

Posted by: ParisParamus at July 24, 2011 04:57 PM (oISis)

22 Yeah buddy, did you see how much of their arrow supply the Sioux used up.  WIN!

Posted by: George Armstrong Custer at July 24, 2011 04:57 PM (6TB1Z)

23 18 "treating a major trauma with band-aids." Exactly. NOTHING has been done to correct the problems.

Posted by: USA at July 24, 2011 04:57 PM (6Cjut)

24 What do you want to bet that Obama again breaks his word and refuses to sign?  The guy has no scruples at all.

Posted by: cranky-d at July 24, 2011 04:57 PM (nRliU)

25 No heating bills for us.  WIN!

Posted by: Dresden at July 24, 2011 04:57 PM (6TB1Z)

26 I put this on the last thread, but it may explain Obama's sudden willingness to work with "Whatever comes his way".
And I hope someone can answer it...
--------

But I have a math problem that I really need to solve, and I can't think of anyone beyond the Morons who can do it.

Here goes.......

Rasmussen's daily tracking poll is a rolling three day average of the preznidents popularity.
Here are the values....

Friday -15
Saturday -19
Sunday -21
Solve for Sundays stand alone, one day poll average.

I thing I come up with something like -29 for todays results to draw him from a rolling -15  average to a three day -21 average.

Is this possible,or am I overlooking something?


Posted by: Village Idiot's Apprentice at July 24, 2011 04:57 PM (6Im7x)

27 King Putt.

That's good!  Who came up with that?

Posted by: ParisParamus at July 24, 2011 04:58 PM (oISis)

28 President Obama will run to the front of the Macy's Thanksgiving Day parade this November and pretend like he is leading that too.

That would be a great political cartoon--Obama at the back of a parade looking like he thinks he's leading it.

Posted by: rdbrewer at July 24, 2011 04:58 PM (baxIY)

29 Obama reminds me of that kid from Big Daddy with his "I Win" game, except this man-child lacks any kind of charm or heart.

Posted by: Kratos (Ghost of Sparta) at July 24, 2011 04:59 PM (c0A3e)

30 So did the "Super Congress" turn out to be a steaming load?

Posted by: blue star at July 24, 2011 04:59 PM (lofS9)

31 Fuck you, King Putt. WE THE PEOPLE won!

No, it's "weee the peee pulll."

Posted by: William Shatner at July 24, 2011 05:00 PM (baxIY)

32 12 President Obama will run to the front of the Macy's Thanksgiving Day parade this November and pretend like he is leading that too.
_______________

AND  he will don stilts, a cowboy hat, and wear assless chaps!! 

Posted by: Jim Sonweed at July 24, 2011 05:01 PM (a7CD9)

33 Obama sucks cock...that is all.

Posted by: Mr. Pink at July 24, 2011 05:02 PM (VidfH)

34 That picture cracks me up. It looks like adults trying to get some work done. Without the distraction of a self-absorbed brat-president.

Funny, it's looks to me like four people trying to protect their phony baloney jobs. I didn't get a hurumph out of that guy.

Posted by: lowandslow at July 24, 2011 05:03 PM (GZitp)

35 ITS A TRAP!!!

Posted by: C. Akbar at July 24, 2011 05:03 PM (T6ZSK)

36 No, it's "weee the peee pulll."

Posted by: William Shatner at July 24, 2011 09:00 PM (baxIY)

Ohhhh Myyyyyyyyyyyyy!

Posted by: George Takai at July 24, 2011 05:03 PM (yQWNf)

37 If I ever get a boil on my nutsack I will name it Harry Reid.

Posted by: SurferDoc at July 24, 2011 05:04 PM (STdkO)

38 That would be a great political cartoon--Obama at the back of a parade looking like he thinks he's leading it.

Oh my!

I can actually picture it.

Posted by: As If... at July 24, 2011 05:04 PM (piMMO)

39

You know what the headlines will be if a deal is made tonight.

 

"2 days after President Obama angrily derided Republicans and demanded a deal, he gets it."

Posted by: Tenstl at July 24, 2011 05:04 PM (GiF31)

40 I love how they (all of them) have changed the debate from "this year's budget" to "trillions in cuts" over the next ten years.  Trillions in cuts over ten years is really easy, if most of them don't happen this year.  Next year, same thing - kick the can a little further down the road.  Our children should be getting really angry about this. 

Posted by: Penultimatum at July 24, 2011 05:05 PM (fJHpU)

41 What do you want to bet that Obama again breaks his word and refuses to sign?  The guy has no scruples at all. Posted by: cranky-d at July 24, 2011 08:57 PM

I wouldn't be surprised by that at all.

Posted by: rdbrewer at July 24, 2011 05:05 PM (baxIY)

42 I'm sick of all this "numbers" crap.

Nobody's screwing up MY birthday bash!

Posted by: Barak Obama at July 24, 2011 05:06 PM (T6ZSK)

43 Is this possible,or am I overlooking something?

Posted by: Village Idiot's Apprentice at July 24, 2011 08:57 PM (6Im7x)

I don't know about your math, but I think Rasmussen's tracking poll is best used as a short-term trend indicator.  

Posted by: Meremortal at July 24, 2011 05:06 PM (7FgWm)

44 Australia's market is open, and down .8 pct. (that's point .

Posted by: Retread at July 24, 2011 05:07 PM (G+7cD)

45 O/T, but Jawa has a story up revealing that the Norwegian killer plagiarized the Unabomber's manifesto. 

Remind me, was Ted Kaczynski inspired by the Tea Party or Sarah Palin? 

Posted by: Y-not at July 24, 2011 05:07 PM (5H6zj)

46 King Putt.

Would be great to do a mini-golf cartoon with that concept

Posted by: ParisParamus at July 24, 2011 05:08 PM (oISis)

47 King Putt Classic.

Posted by: USA at July 24, 2011 05:09 PM (6Cjut)

48 King Putt.

Would be great to do a mini-golf cartoon with that concept

Posted by: ParisParamus at July 24, 2011 09:08 PM (oISis)

Someone that had skills could do a great you tube to that old song King TuT.

Posted by: robtr 80'sbaby Liberation Front at July 24, 2011 05:10 PM (MtwBb)

49 why am i worred that these cuts will be like the last set of cuts

Posted by: Ben at July 24, 2011 05:12 PM (DKV43)

50 ok pokerface, they called your bluff now run along to your little birthday party with your pair of threes.

Posted by: elliemaeclampitt at July 24, 2011 05:12 PM (/vCUM)

51 while the Boehner proposal would have two stages – with the debt ceiling increase coming early next year and allowed only if matching spending cuts are enacted.

My God, it's like there's some mild suspicion that the cuts would never be enacted otherwise.

Haven't read all the comments, stuttering clusterfuck, etc.

Posted by: alexthechick at July 24, 2011 05:12 PM (sf+iw)

52 Funny, it's looks to me like four people trying to protect their phony baloney jobs. I didn't get a hurumph out of that guy.

Normally I'd be uninterested in a picture like that.  But now?  With no Obama?  Hilarious.

Posted by: rdbrewer at July 24, 2011 05:13 PM (baxIY)

53

here is what this is, i am speculating

2.5 trillion in cuts over tens years, with all of it coming the the 8,9,10th year.

No tax hikes and a debt ceiling raised 2.5 Trillion dollars.

 

Yeah.. That's a big win for America....

Posted by: Ben at July 24, 2011 05:14 PM (DKV43)

54 I like the (at least) two votes concept.  It is the only way to keep the Dems from reneging on their spending cut lies promises.

Posted by: Cooter at July 24, 2011 05:14 PM (C06Qq)

55 Obama's leadership reminds me of the scene in Animal House where the band is led into a dead-end street and just piles up on itself.

Posted by: bergerbilder at July 24, 2011 05:14 PM (S1Ttj)

56 Does anyone else get the feeling there's a card table in the other room with Barry and some ice cream. 

Posted by: pep at July 24, 2011 05:15 PM (6TB1Z)

57 Meremortal @45

I don't know about your math, but I think Rasmussen's tracking poll is best used as a short-term trend indicator. 

I know it's short term, but we have all been beat about the ears all weekend about the budget.

And if my math is correct, Obama is getting cock punched in the polls in the short term.

That's why I honestly wish a Moron with greater math skills then myself were to look at it.

Posted by: Village Idiot's Apprentice at July 24, 2011 05:16 PM (6Im7x)

58 gold broke the 1610 barrier, it's still rising.

Posted by: Ben at July 24, 2011 05:16 PM (DKV43)

59 Looking at McConnel and Reid in that pic, for one horrifying moment I thought they were twins!

Posted by: Ed Schultz at July 24, 2011 05:16 PM (kUaEF)

60 Looking at that pic of Boehner and Pelosi, for one horrifying moment I thought <i>they</i> were twins!

Posted by: CoolCzech at July 24, 2011 05:19 PM (kUaEF)

61 I need to lay in a supply of barf bags. I'm sure I will see the names Reid & Pelosi, and the word leadership in the same sentence.
 
Oh crud, I just did it to myself. Raaaalph.

Posted by: GnuBreed at July 24, 2011 05:22 PM (ENKCw)

62

Little Baracky Baby has probably never heard the old saw, "Somedays you're the hydrant, some days you're the dog.".  Barack has always acted like he's the dog, peeing all over h is enemies.

Well Barack--after this royal screwing of the pooch, you're the hydrant in November 2012.

Posted by: Comanche Voter at July 24, 2011 05:24 PM (3ESDJ)

63 Our future is controlled by these asses? They should all be out of work, apologizing for what they have done to my childrens' future.

Posted by: USA at July 24, 2011 05:25 PM (6Cjut)

64 In an accidental moment of honesty, White House Deputy Press Secretary Dan Pfeiffer today admitted on Twitter that President Obama will likely sign any debt deal Congress sends his way.

Shweet.  Discounting, of course, the meme that if their lips are moving, they're lying.  Although, I think Barry's starting to have some real concerns about whether he can extend his reign of evil past '12. 

Posted by: Peaches at July 24, 2011 05:26 PM (oHSOo)

65 In exchange for getting my signature, you'll have to forgive me if I don't actually stop spending. A simple thank you will suffice.

Posted by: Barry XVI at July 24, 2011 05:29 PM (FcR7P)

66 This, IMO, is unfortunately one of those situations where R's will get none of the credit and all of the blame, regardless of what the final bill is.  So, do the right friking thing and cut, cut, cut, cut and hold firm on the no taxes stance.

If they work something out and we avoid default, Obama will take credit and the press will hail him as a miracle worker who brought all the children together.

If the R's cave on anything at all, the Lightworker will get even more credit and the press will chide the R's for holding out so long and pushing the country to the brink before caving anyway. 

If we default, the R's will certainly get all of the blame.

So, seems like the perfect opportunity to do the right thing and let the eventual results of actually cutting some spending and holding firm on taxes speak for themselves.


Posted by: The Hammer at July 24, 2011 05:30 PM (0d8Fy)

67 I'm only going to raise you two more times, and then I'm out. Don't make me fold!

Posted by: King Barry, Jack of Shit at July 24, 2011 05:32 PM (FcR7P)

68 $2.5 thousand Billion is what needs to be cut from the next 2 years budgets, not years 8, 9 and 10...  Or is this a camouflaged McConnell plan to punt to a Republican congress/senate/president in 2013 which we will have to trust to do the real work and take the blame

Sack it up Boehner

Posted by: phreshone at July 24, 2011 05:34 PM (T3vCe)

69 Obama's leadership reminds me of the scene in Animal House where the band is led into a dead-end street and just piles up on itself. Posted by: bergerbilder at July 24, 2011 09:14 PM

He reminds me of first contact with the Ferengi on Trek when Riker passed Portal's test and the Ferengi were going nuts trying to claim they gave Riker the words he used to gain favor with Portal.

Not geeky enough?

Posted by: rdbrewer at July 24, 2011 05:37 PM (baxIY)

70 According to my friends, the Republicans are folding like a cheap card table, and you should give up all hope and form a third party; also that I'm a fat middle-aged homosexual who pretends to be a female on the internet, and only has "friends" because he lets them simultaneously fudgepack and face-fuck him without mercy. Clearly, a third party is the only way. Also, one of my friends christened me "the human rotisserie chicken." My friend is a native New Yorker has a Ph.D. in Gay Economics, so he knows all about political matters.  You see now that your pipe dream of a groundswell of public discontent reforming or casting out the GOP leadership is crashing to the ground before your eyes. The new party can be called the Conservative party or something like that. I know that I speak for New Yorkers and independent voters when I say I have a serious case of acne on my big fat rogered ass.

Posted by: bi-curious at July 24, 2011 05:37 PM (C0Z3w)

71 It looks like adults trying to get some work done.

Not with Democrats present.

Posted by: Blacque Jacques Shellacque at July 24, 2011 05:40 PM (UF15p)

72 "Duel Or Duet? Reid And Boehner Poised To Introduce Different Bills To Avoid Default"  link
"imitation is the greatest form of flattery?"  who said that? anyone know, please?  I have a bet with a friend.

Posted by: curious at July 24, 2011 05:41 PM (k1rwm)

73

Starting to prepare myself for the inevitable, the MSM's glowing reports tomorrow morning about Barry's excellent leadership skillz, claiming he sent the Rs and Ds off to play together and only by the grace of his guidance could a deal be reached.  IOW, he'll lie his lying ass off and the MSM will dutifully regurgitate it.

Ozero's MO:  follow from behind, take credit for any accomplishment that squeaks through his incompetence, and be ready to lay blame instantly for anything that goes south.  Rinse and repeat.

Posted by: Mayday at July 24, 2011 05:43 PM (TRgli)

74

Not geeky enough?

I wasted half the afternoon watching the linked "captains' summit" ..........so no, not geeky enough.

 

Posted by: dagny at July 24, 2011 05:45 PM (PbdDF)

75 I hope that on Monday the Research Analysts at S&P and Moody's crap all over this, and inform them there needs to be meaningful cuts year one....

Posted by: phreshone at July 24, 2011 05:47 PM (T3vCe)

76 Every single picture of Harry Reid looks like his pedophile mug shot

Posted by: dagny at July 24, 2011 05:48 PM (PbdDF)

77 If a deal gets done here, it will be obvious to every sentient being (I'm not looking at you, 52%ers) that it got done because Obama was absent, and that Boehner was the guy who made that happen.

Also, the Repubs should absolutely insist that no deal that goes past the election will be considered.  Force Obama and the Dems to admit in tears that they can't bear to debate this when the voters are paying strict attention.

Posted by: Z as in Jersey at July 24, 2011 05:53 PM (sXUiz)

78 "The Official Statements Resume: Harry Reid Issues Lament On Republican Insistence For Short Term Hikes"  link
"Based upon the facts, the average American has not benefited from the decades long materialistic frenzy. They have sacrificed their futures for the fleeting glory of ephemeral riches."

"Boehner admits "Cut, Cap, and Balance" is dead." Read »

Posted by: curious at July 24, 2011 05:53 PM (k1rwm)

79 Thank you to whoever sent me the answer:   C.C.Colton (1780 -1832) 'The Lacon'"

I appreciate it.  I couldn't find it cause it isn't "greatest" it's "sincerest"....so thanks a lot....

Posted by: curious at July 24, 2011 05:56 PM (k1rwm)

80 Friday -15
Saturday -19
Sunday -21
Solve for Sundays stand alone, one day poll average.
Is this possible,or am I overlooking something?


Posted by: Village Idiot's Apprentice at July 24, 2011 08:57 PM (6Im7x)

Linear solver x1 = Sunday
x2 = Monday
x3 = Tuesday
x4 = Wednesday
x5 = Thursday
x6 = Friday
x7 = Saturday's individual index value

You have entered the system
1/3 x1 + 1/3 x2 + 1/3 x3



= -17
1/3 x2 + 1/3 x3 + 1/3 x4


= -17

1/3 x3 + 1/3 x4 + 1/3 x5

= -15


1/3 x4 + 1/3 x5 + 1/3 x6
= -19



1/3 x6 + 1/3 x6 + 1/3 x7 = -21

This system has infinitely many solutions, which are (with parameters ri):

{ x1 = r1+6, x2 = - r2- r1-69, x3 = r2+12, x4 = r1+6, x5 = - r2- r1-63, x6 = r2, x7 = r1 }.


Been ages since I have done this, but it's an average, and you don't have the starting values, so they could be anything.

Not sure how to solve this with limits (each value has to be >0 and < 100)  which would help narrow things down quite a bit.  Maybe chemjeff or maet could help out or suggest a different method.

There has to be a way to narrow the field of possible results.

Posted by: alexthedude at July 24, 2011 05:58 PM (sUnsW)

81 "Reid, Pelosi Push Smoke and Mirrors Debt Plan With $2.5T in Cuts; Boehner Proposes Six Month Solution, Geithner Proposes Insanity"  link

Posted by: curious at July 24, 2011 06:00 PM (k1rwm)

82 batchelor just noted the futures were a bit disturbed but that he wouldn't believe it until they are down a thousand at 11 am tomorrow.  someone's going to get rich on this.

Posted by: curious at July 24, 2011 06:01 PM (k1rwm)

83 alexthedude

Damn, now my head hurts!!


Posted by: Village Idiot's Apprentice at July 24, 2011 06:03 PM (6Im7x)

Posted by: curious at July 24, 2011 06:05 PM (k1rwm)

85 so beohner had a conference call and BO met with the dems....where are the transcripts of the meeting?  Why are they so super sekret that the American people can't at least get an avalanche of reports?

Posted by: curious at July 24, 2011 06:09 PM (k1rwm)

86 Paris Paramus: Hate to admit it but I did not create the King Putt moniker. But that one has got to be my favorite. And, despite rd's optimism, I think Boehner is going to screw the pooch on this. The pooch sadly being all of us.

Posted by: J.J. Sefton at July 24, 2011 06:10 PM (UlUS4)

87 92 "someone's going to get rich on this"

Maybe those four smiling sphincters sitting at the table?

Posted by: Concealed Kerry or Submit at July 24, 2011 10:03 PM (tHnoW)

 that would be highly unethical, don't you think?

Posted by: curious channeling cankles at July 24, 2011 06:10 PM (k1rwm)

88 Gold is up 11.80 to 1613.10.......dollar at 74.12  this is going to be verrrrry interestink. 

Posted by: DailyDish at July 24, 2011 06:14 PM (Qagzd)

89 John Fund reporting that Bernie Sanders isn't happy with the president and fund is saying that the dems are pissed that the president isn't keeping them in the loop.

All three guests are saying that Reid is calling the republicans bluff in an effort to make them revisit this issue after the president is re elected.

they are saying we, the people, should be questioning the highly partisan nature of the talks.....

Posted by: curious channeling cankles at July 24, 2011 06:16 PM (k1rwm)

90 I am proud of President Obama.So proud that he has forced that idiot Boner's hand and he caved. Good job President Obama...The Cuntry is with you Sir !!!!!!!

Posted by: Scalheli Frurnson at July 24, 2011 06:17 PM (qXGZK)

91 Well,  la de da, and fiddle dee dee,  tomorrow's another day, so I will worry about this tomorrow.

(Try to imagine I look like Vivien Leigh.  HA!)

I only hope our nation isn't Gone With the Wind.

Good night,  morons!

Posted by: Miss Marple at July 24, 2011 06:18 PM (Fo83G)

92 fund saying that the president has not been negotiating in good faith and he thinks this is a head fake.  He really wonders if all of this has really been positioning for 2012.

wow, just wow, politics when the country is on a precipice?????

Posted by: curious channeling cankles at July 24, 2011 06:18 PM (k1rwm)

93 O/T:  "Football Player Chad Ochocinco Angers Fans When He Tweets About Reading Glenn BeckÂ’s Book"   lol

fund saying that perry is in....
made a major step today to try to neutralize some of the social issues referencing his comments to the aspen colorado audience about NY and gay marriage.

Posted by: curious channeling cankles at July 24, 2011 06:28 PM (k1rwm)

94 damn I'm a mess, so i read the post, and say wow yeah!eleventy to myself, thinking we won a victory i didn't think we would, 2.5 ain't peanuts. then i read the comments and am confused.

while the Boehner proposal would have two stages – with the debt ceiling increase coming early next year and allowed only if matching spending cuts are enacted. Democrats have said that carrying the borrowing authorization past the election is a make-or-break provision. Republicans want two votes, saying they hope to wring more savings.

this isn't good?

Posted by: willow at July 24, 2011 06:28 PM (h+qn8)

95 Posted by: willow at July 24, 2011 10:28 PM (h+qn

I am searching everywhere to find these two proposals in writing, something, anything and not just someone else's interpretation of what was said or they think was said and I can't find anything.  I feel like I did when I was researching obamacare.   I would like to think that they forget the looming election and do what is best for the country and not their careers but I feel so defeated by their past actions I don't think either party or the president is capable of that.  

As john fund just pointed out, there is not a single school of economics that would advocate raising taxes in our precarious position yet somehow they think they can, things for them will be different.  I hate this stuff where all the information comes out days later and when you read the original articles you read, nothing is the same.

Posted by: curious channeling cankles at July 24, 2011 06:32 PM (k1rwm)

96 Here's the problem - You still have Pelosi & Reid at the table. Until these assholes are gone - nothing will get solved.

Posted by: izoneguy at July 24, 2011 06:36 PM (i6Neb)

97

Posted by: willow at July 24, 2011 10:28 PM (h+qn

Reid's plan will just kick the can past the 2012 elections.  Then we're back where we started.  Boehner's 2-step will potentially force much larger cuts via entitlement and tax reform than Dingy's faux $2.7 trillion.  I suspect that only part of those will be in step/tier 2 and the rest will be in a tier 3.

Posted by: passin' thru at July 24, 2011 06:50 PM (ucq49)

98 alright, thank you for clarity izone and passin' thru. appreciated.

Posted by: willow at July 24, 2011 06:54 PM (h+qn8)

99 If a deal gets done here, it will be...

One thing I have to say about the foursome in the photo - I don't trust McConnell or Boehner. I wouldn't be surprised if either/or gives in and any agreement they announce includes some sort of new taxes or tax increases.

Posted by: Blacque Jacques Shellacque at July 24, 2011 07:02 PM (UF15p)

100 >>One thing I have to say about the foursome in the photo - I don't trust McConnell or Boehner. I wouldn't be surprised if either/or gives in and any agreement they announce includes some sort of new taxes or tax increases. Lots of people here have been predicting that Boehner was going to fold for months now. How's that working out for you?

Posted by: JackStraw at July 24, 2011 07:14 PM (EaTZK)

101

I've been watching the bond market. Not a peep, and in fact last I checked Ts were up a smidge. So the claims of market armaggedon if a deal wasn't reached this afternoon look a big exaggerated.

    Just watch Ts, nothing else. If the market gets spooked about US debt, that's where you'll see it.

Posted by: publius(NotBreitbartPublius) at July 24, 2011 07:14 PM (VVB18)

102 I dunno, Pelosi is so happy to be sitting at the big kids table again that her botox is going to crack.

Posted by: Comanche Voter at July 24, 2011 07:22 PM (3ESDJ)

103 Is this going to be one of those where $2.5 trillion actually means $9 billion once the details come out? 

If this is $2.5 trillion over ten years then it really isn't that big a deal either way since it is $250 billion a year which is about 1/6 of the yearly deficit.  We will still be on a trajectory to double the debt in 8-10 years time.

Once Obamacare comes online it will eat up the savings all but itself.

Since there are no structural changes being made and current Congresses can't bind future ones the only thing that matters is what is cut right now in the current budget.


Posted by: Voluble at July 24, 2011 07:57 PM (JKX4x)

104 So Dems are about politics and nothing else....who knew?

Posted by: specialkayel at July 24, 2011 08:06 PM (ua//3)

105

@Voluble

The number that keeps hanging me up - $5.4 trillion in interest. 

And we're cutting how much in spending?  Unemployment will have to be how low, and the economy growing how fast to ever get out of debt w/o massive spending cuts and entitlement reforms?

Posted by: passin' thru at July 24, 2011 08:10 PM (ucq49)

106 Which ones are the Democrats again?

I can't never tell.

Posted by: 1idvet at July 24, 2011 08:19 PM (zEaNH)

107

Yea, right. The random, ever hard to find, "spending cuts." 2..5 trillion today will be something like 8 billion by the time people really read the bill, which will be after it's passed. Real work indeed.

Posted by: Rich at July 24, 2011 08:22 PM (OX4OZ)

108

If this is $2.5 trillion over ten years then it really isn't that big a deal either way since it is $250 billion a year which is about 1/6 of the yearly deficit.  We will still be on a trajectory to double the debt in 8-10 years time.

Yahtzee!

Furthermore, I can almost guarantee the entire 250 is a combination of reduction in defense spending and reduction in "spending through the tax code"

If it's been written down at all

Posted by: Truman North at July 24, 2011 08:39 PM (K2wpv)

109 Even with Barry out of the picture now ,I see two genuine morons in Reid and Pelosi that have to be convinced that we are in deep shit without significant cuts.

Posted by: Gasman at July 24, 2011 09:46 PM (cgrfB)

110 Lots of people here have been predicting that Boehner was going to fold for months now. How's that working out for you?

It's not over yet, is it?

Posted by: Blacque Jacques Shellacque at July 24, 2011 10:10 PM (UF15p)

111

PELOSICARE = welfare for the middle class. Guess what - we can't afford it.Waht we can afford is to pay for our own health care insurance thru a free market systme where the government has it's graft hands off it. 

PELOSICARE. We can't afford it. But so what! The lazy leftwing middle class want and expect free stuff at the expense of the nation's economic viability.

 

Posted by: Lemon Kitten at July 25, 2011 04:51 AM (0fzsA)

112 Pelosi, adult? Adult what?

Posted by: Jorge Banner at July 25, 2011 07:38 AM (BInjP)

113

This isn't a picture of responsible people.  Its the photo of the heads of various mafia families dividing up the loot and planning their next heist.

 

Does anyone believe that a family can manage its financial affairs better than these leaders?  Anyone using the policies of these people woiuld be bankrupt.

 

Why then do we allow them to do this to our nation?

Posted by: Molon Labe at July 25, 2011 11:44 AM (g5MrG)

114 GHD Hair Straighteners I have now signed very sad in the article, the CCTV host should think now signed the first national again thank you thank parents , not know because pressure or incite, anyway the bad, but also a girl of eighteen have learned to pick good said, GHD Online we are very sad, and so on. The CCTV host in the article also said: many years ago is had after winning big talk patriotic, also no wrong, MBT Trainers everyone so said, it will be normal. But now, the national self-confident, don't have to listen to people's everyday can boast countries, or like a spoiled brat girlfriend, MBT

Posted by: GHD Straighteners at July 30, 2011 11:17 PM (aLmvz)

Hide Comments | Add Comment | Refresh | Top

Comments are disabled. Post is locked.
129kb generated in CPU 0.0884, elapsed 0.261 seconds.
64 queries taking 0.2272 seconds, 242 records returned.
Powered by Minx 1.1.6c-pink.