July 29, 2011

This Thing's Gettin' Real Now
— andy

OK, so now that we're on the precipice of being on the precipice, let's revisit Obama's statement about granny's social security checks possibly being cut off next week if we don't increase the debt ceiling.

First, we actually hit the debt ceiling sometime back in May, and the August 2nd "deadline" is really the day Treasury thinks it will run out of accounting gimmicks to paper it over.

Look, we all know TurboTax Timmah is creative. I'm sure he'll think of something ... that's what these people do. But granny's social security check isn't on the table. Yet.

Why, you ask? Because of the oft-maligned social security trust fund (SSTF), that's why. Now, it's true that the SSTF just holds I.O.U.'s from the government (right pocket, meet left pocket) but those IOUs are included in the debt subject to the debt ceiling.

Look here at the (PDF) Daily Treasury Statement. Scroll down. No, further.

Stop! Table III-C "Debt Subject To Limit" ... see that $9.7 trillion (mf'ing dollars ... how did we get to this place?) of debt held by the public? Well that's way less than the $14.3 trillion statutory debt limit at the bottom, right? The big difference is that thing called "Intergovernmental Holdings" ... $4.5 trillion, give or take.

Guess what's in there. Granny's damned social security check, that's what! (among other things).

The SSTF (just from memory) is roughly $2.5 trillion of the balance of Intergovernmental Holdings. So when Douglas Holtz-Eakin is absorbing all "mandatory spending" in current income, that's not exactly right. We can issue $4.5 trillion more of treasuries (presuming someone will buy them) and not broach the debt ceiling to service payments from these funds, including (again, IIRC) $2.5 trillion of social security payments.

So don't worry, oldsters. You'll continue to get paid and I'll continue to pay into the Ponzi scheme while we work this little impasse out. You can thank me later, but you should apologize to your grandkids in the same breath.

More, courtesy of the WaPo:

Older Americans do not intend to ruin America, but as a group, thatÂ’s
what theyÂ’re about. On average, the federal government supports each
American 65 and over by about $26,000 a year (about $14,000 through
Social Security, $12,000 through Medicare). At 65, the average
American will live almost 20 more years. Should these sizable annual
subsidies begin later and be less for some? ItÂ’s hard to discuss the
budget realistically if you ignore most of what the budget does.

Welcome to your health and welfare benefit plan with an army, folks. For as long as it can afford the army, anyway.

(Consider this the DOOM! post. Monty doesn't do DOOM! on Fridays, but DOOM! doesn't hew to a schedule)

Posted by: andy at 05:12 AM | Comments (304)
Post contains 466 words, total size 3 kb.

1 You cannot call this a DOOM post without mention the revised GDP numbers!

Posted by: Clueless at July 29, 2011 05:14 AM (piMMO)

2

As Monty might say, we're all totally boned, aren't we?

Posted by: Lou at July 29, 2011 05:16 AM (IH3P2)

3 You cannot call this a DOOM post without mention the revised GDP numbers!

And a picture of a creepy kitteh.

Posted by: Buzzsaw at July 29, 2011 05:17 AM (tf9Ne)

4

By your command...

2nd Q growth: 1.3% (1.8% forecast)

1st Q growth revised to 0.4% from 1.9%

4th Q growth revised to 2.3% from 3.1%

I will allow another poster to say "unexpectedly"

Posted by: Dogbert at July 29, 2011 05:18 AM (CzyDl)

5 Everyone is a fiscal conservative until it comes to getting theirs

Posted by: Dr.Popodopolous at July 29, 2011 05:19 AM (wuv1c)

6

The tax revenue collected by the federal government is more than enough to meet our essential constitutionally-mandated obligations, plus the military, plus SS and medicare, and have about $40-60B left over.

We're in no danger of default.  We're not even particularly illiquid.

Posted by: Truman North at July 29, 2011 05:19 AM (K2wpv)

7 Older Americans do not intend to ruin America, but as a group, thatÂ’s what theyÂ’re about. Could not agree more. Chatting politics with an 80 something the other day, million dollar house on the intercoastal, half a million dollar motor home, Beemers, you know, the good life. I said something to the effect of, "SS should be means tested, you don't need that check". You would have thought I shot his dog.

Posted by: Oldsailor's poet at July 29, 2011 05:20 AM (ZDUD4)

8 You wingnutz  are all wet.  Barry's on the case!

(Your comic relief.)

Posted by: Valerie Jarrett at July 29, 2011 05:20 AM (Ew27I)

9

Leftist ideology and theory illustratedÂ…

Â…with tragic results.

A truly excellent experiment.

Posted by: Hussein the Plumber at July 29, 2011 05:20 AM (jx2j9)

10 Bring on the death panels, I say.

Posted by: cardboard bear at July 29, 2011 05:20 AM (ePB3J)

11 Has anyone mentioned that Burry is a stumbling clusterfark of a U.S. pezzydent yet?

Posted by: RushBabe at July 29, 2011 05:21 AM (Ew27I)

12 Don't confuse math and politics.

Posted by: Anonymoose at July 29, 2011 05:22 AM (ZgvjV)

13 Head over to Drudge for the link, but Q2 GDP wasn't the worst!

"First-quarter output was sharply revised down to a 0.4 percent pace from 1.9 percent."

How do you like them apples?

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:22 AM (LH6ir)

14 Boned.

Posted by: that guy that always thinks we're boned at July 29, 2011 05:22 AM (GTbGH)

15 I heard on CNN somebody predicting some serious DOOM if we default - markets dumping 30%(how they came up with that I have no idea, my thought is from their ass) and other such Monty-esque fun.  Oh, and it was the R's responsibility to make sure that didn't happen

Posted by: Red Shirt at July 29, 2011 05:23 AM (FIDMq)

16

2nd Q growth: 1.3% (1.8% forecast)

1st Q growth revised to 0.4% from 1.9%

4th Q growth revised to 2.3% from 3.1%

I will allow another poster to say "unexpectedly"

Posted by: Dogbert at July 29, 2011 09:18 AM (CzyDl)

 

Somehow and some way it's all Bush's fault

Posted by: TheQuietMan at July 29, 2011 05:23 AM (1Jaio)

17 Nice post, Andy, but why not mention that there are other sources of DOOM beyond oldsters?

How much is the gubmint giving ACORN, unions, Government Motors and all the other handout/bailout recipients? How much per worthless desk-drone does D.C. shell out for "programs," "initiatives," and "studies" of insect behavior when dosed with alcohol?

What is spent on the sponges who administer government agencies that drain money with no verifiable result? What does it cost us to keep our Washington "servants" in limos, regular first-class air travel and expensive booze? What do Osama and Moo-Chelle Obama cost us?

I think if those costs were eliminated, we could send every damn retiree in the country to Bermuda for a nice, well-earned holiday once a year.

We are all getting distracted by both the alarmist chatter from the government -- generated by the worthless scum who would be the first to be broomed if common sense ever prevailed -- and all the bullshit about political gamesmanship.

When you and I see our incomes drops precipitously, the first thing we do (if we're intelligent, which all morons are, IMO) is cut out the nonessentials. No trips to Disney World, Jim Beam and Valu-Rite instead of Jameson's, and so on.

The government should be held to this standard.

Posted by: MrScribbler at July 29, 2011 05:23 AM (YjjrR)

18 You would have thought I shot his dog.

Don't waste the ammo.  It's going to be worth more down the road.

Posted by: RushBabe at July 29, 2011 05:23 AM (Ew27I)

19 How do you like them apples?

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 09:22 AM (LH6ir)

Recovery, baby!

Posted by: Red Shirt at July 29, 2011 05:23 AM (FIDMq)

20 4

By your command...

2nd Q growth: 1.3% (1.8% forecast)

1st Q growth revised to 0.4% from 1.9%

4th Q growth revised to 2.3% from 3.1%

I will allow another poster to say "unexpectedly"

Posted by: Dogbert at July 29, 2011 09:18 AM (CzyDl)

And every single budget and plan proposed in the last few weeks has assumed a 3%+ growth minimum.

But, by all means, let us pretend this is all about politics; that wishes and wants turn into money; that we can't do anything about it because we only control one half of one branch of government; that somehow reality has a weak pimp hand.

Posted by: Jimmuy at July 29, 2011 05:23 AM (W789i)

21

No need to stick a fork in itÂ… reallyÂ… its turned to charcoal for crying out loud.

Posted by: Hussein the Plumber at July 29, 2011 05:24 AM (jx2j9)

22 The recent GDP or lack of one will usher in QE 3 and we will now hear the calls for bi-partisan legislation to save the country.

Posted by: Velvet Ambition at July 29, 2011 05:24 AM (0OJd9)

23 I don't know where all this hate is coming from ... my life's pretty good.  Michelle and those chubby kids of mine, too ... in fact, I was thinkin' about gettin' on that big-ass plane of mine and flying down to Hilton Head with a few of my athlete homies and banging out 36 holes over the weekend.

Posted by: Office of the President at July 29, 2011 05:25 AM (ThL6R)

24 You know, a great many of the "grannies and grandpas" who will be worrying about their SS checks were part of the flower child, government is bad, down with the man, peace love and drugs generation. So, by their logic, shouldn't they NOT get a SS pay check, because they didn't believe in the government that prints them? It just seems fair, you know. You (rhetorical, directed at Billy Ayers types) hated the government then, why should you suck off of it's teat now?

Posted by: moki at July 29, 2011 05:25 AM (dZmFh)

25 Somehow and some way it's all Bush's fault

16 comments before someone mentioned it.

We're getting older and slower on the draw.

Posted by: Clueless at July 29, 2011 05:26 AM (piMMO)

26 Older Americans do not intend to ruin America, but as a group, thatÂ’s what theyÂ’re about.

Could not agree more. Chatting politics with an 80 something the other day, million dollar house on the intercoastal, half a million dollar motor home, Beemers, you know, the good life. I said something to the effect of, "SS should be means tested, you don't need that check". You would have thought I shot his dog.

Posted by: Oldsailor's poet at July 29, 2011 09:20 AM (ZDUD4)

I don't blame him.  I've been paying into S.S. all my life (so far), when I can collect S.S. (if it's still there), I want my f'ing S.S. 

I'd rather not pay into it at all, or force anyone else to either.  But if I'm paying, I want as much of it as I can get back.

Posted by: yinzer at July 29, 2011 05:26 AM (/Mla1)

27 Hey!  I know!  We could start a movement!  A movement to kill old people!

What?  Really?  Harry Reid says that movement already exists?

Nobody tells me anything.

Posted by: Hussein the Plumber at July 29, 2011 05:26 AM (jx2j9)

28 also, JEF is a stuttering clusterfuck of a miserable failure/success.

Posted by: yinzer at July 29, 2011 05:26 AM (/Mla1)

29

How much is the gubmint giving ACORN, unions, Government Motors and all the other handout/bailout recipients? How much per worthless desk-drone does D.C. shell out for "programs," "initiatives," and "studies" of insect behavior when dosed with alcohol?

We've had this argument, and everyone agrees that that shit needs cut, but it amounts to nothing. Maybe 20-30 billion, tops.

SS and Medicare are in the trillions.

sooo...

Posted by: Dr.Popodopolous at July 29, 2011 05:27 AM (wuv1c)

30 President to speak at "10:20"

and then again at 10:50 to ostensibly give more rules to the car companies?

Posted by: curious at July 29, 2011 05:27 AM (k1rwm)

31 Obama to speak again? Why? What can he possibly say that anyone wants to hear? Why doesn't he just go away?

Posted by: nevergiveup at July 29, 2011 05:28 AM (i6RpT)

32 I don't know nuthin 'bout birthin' no debt deal!

Posted by: Your Sissy Congress at July 29, 2011 05:28 AM (piMMO)

33 We have to make all the departments go thunderdome.  SS, or DoEd, NPR or Medicare, DoEnergy or FDA.

We're not even trying.

Posted by: toby928™ at July 29, 2011 05:28 AM (GTbGH)

34 32, Let him talk, the hole just gets deeper.

Posted by: Oldsailor's poet at July 29, 2011 05:28 AM (ZDUD4)

35 "Some say" that Obama's military has plans to invade Apple and take their hoards of illegal cash.

Goldman Sachs is next.

Posted by: cherry π at July 29, 2011 05:29 AM (OhYCU)

36 Obama to speak again? Why? What can he possibly say that anyone wants to hear? Why doesn't he just go away?

Puhleeze!

It's time to blame the GDP on Bush!

Duh!

Posted by: Your Sissy Congress at July 29, 2011 05:29 AM (piMMO)

37 32 "I quit"

Posted by: phoenixgirl at July 29, 2011 05:29 AM (eOXTH)

38 "Obama to speak again? Why? What can he possibly say that anyone wants to hear?" I quit.

Posted by: Anonymoose at July 29, 2011 05:30 AM (ZgvjV)

39

We've had this argument, and everyone agrees that that shit needs cut, but it amounts to nothing. Maybe 20-30 billion, tops.

SS and Medicare are in the trillions.

sooo...



Until we quit paying for Cowboy Poetry Slams, we will never get the Seniors to take a haircut.

Posted by: toby928™ at July 29, 2011 05:30 AM (GTbGH)

40 "I quit" Posted by: phoenixgirl at July 29, 2011 09:29 AM (eOXTH) Have I ever told you how hot you get me when you talk like that?

Posted by: nevergiveup at July 29, 2011 05:30 AM (i6RpT)

41 39 jinx, you owe me a coke

Posted by: phoenixgirl at July 29, 2011 05:30 AM (eOXTH)

42 Jinx

Posted by: Anonymoose at July 29, 2011 05:31 AM (ZgvjV)

43 effin pixy 1.0o interface

italics fail

Posted by: toby928™ at July 29, 2011 05:31 AM (GTbGH)

44 "I quit"

Oh, please, oh please, oh please...

Of course, it's just wishful dreaming. Q1 GDP at .4% means that it is only effectively 0, not actually 0. He still has a bit more work to do.

Posted by: Your Sissy Congress at July 29, 2011 05:31 AM (piMMO)

45

Awww.  The sympathy card.  

I didnÂ’t think people played that card anymore.  I thought it was that card in the deck with all of the writing on it.

Posted by: Hussein the Plumber at July 29, 2011 05:31 AM (jx2j9)

46 Oh, and how many more months of this "recovery" until we will start getting the stories from the feverish left along the lines of "Since 1950s, only two Presidents have had X months of continuous growth, Reagan and 0bama." '

Cause that so-stupid-it-hurts commentary is coming.

No lie will be too small, no exaggeration will be too big, no misrepresentation will be too blatant to not serve as ammunition for the historic re-election of their child-god.

Posted by: Jimmuy at July 29, 2011 05:31 AM (W789i)

47 30-and don't forget DOD. It's our bread and butter, but I understand that it needs to be cut. Lose some foreign bases, stops some endless, useless wars, bring our boys home, ease up on government regs and allow business (small, medium AND large) to do what they do. And screw the snail darter, or whatever that stupid little fish is that is killing farming in California.

Posted by: moki at July 29, 2011 05:31 AM (dZmFh)

48 Glenn Beck was right? Glenn Beck was right?

I seriously thought he was spewing nonsense about the DOOM stuff.  I may have to go back and watch some of those shows.

Posted by: cherry π at July 29, 2011 05:31 AM (OhYCU)

49 Well double jinx

Posted by: Anonymoose at July 29, 2011 05:31 AM (ZgvjV)

50 "Obama to speak again? Why? What can he possibly say that anyone wants to hear?"

I quit

Posted by: because it can't be repeated enough at July 29, 2011 05:32 AM (sOXQX)

51

We've had this argument, and everyone agrees that that shit needs cut, but it amounts to nothing. Maybe 20-30 billion, tops.

SS and Medicare are in the trillions.

sooo...

Posted by: Dr.Popodopolous at July 29, 2011 09:27 AM (wuv1c)

Have to start somewhere, if after getting rid of all the SSI fraud, mediscam fraud, useless people and departments...and STILL are boned, then you start talking about the dreaded 3rd rails. But, they arent even willing to say Freeze spending at current rate. Boned

Posted by: Red Shirt at July 29, 2011 05:32 AM (FIDMq)

52 46, I didn't know Sleestak slept.

Posted by: Oldsailor's poet at July 29, 2011 05:32 AM (ZDUD4)

53 The Republican Party has a disproportionate number of voters 55+.

We aren't going to get real entitlement reform with those voters in our base if the majority of these voters still think the benefits are their 'earned' right rather than a redistribution of wealth program. Most won't even be ok with getting what they put in. They want what they were 'promised', as if in any other way they trust or care about a promise the feds make.

This selective conservatism is why all the entitlement plans start changing the system decades away (see Ryan plan) and will never work. Dems will control the government again sometime before the change  is to occur, and we'll be back to the beginning.

Posted by: Paper at July 29, 2011 05:33 AM (B5qn7)

54 Keynesian economics will work if given enough time.  With a least another 24-30 months of effort...

Posted by: Barky "Hissy Fit" O'Dumbo at July 29, 2011 09:25 AM (Lt/Za)

I saw what you did there.

Posted by: RushBabe at July 29, 2011 05:35 AM (Ew27I)

55 After reading the threads last night it's obvious that the morning comment crew is much more tea party that the evening shift.  Way too much trust in the political instincts of the Stupid Party in my opinion.

Posted by: toby928™ at July 29, 2011 05:35 AM (GTbGH)

56

Reuters headline:

 

Weak growth raises concerns on economy

 

That's like saying someone who has been in a coma for a year raises concerns about his health

Posted by: TheQuietMan at July 29, 2011 05:36 AM (1Jaio)

57

You guys just don't want to loan a black man more money, that's what this is really about.

You're racists, the whole lot of you.

Posted by: Dr.Popodopolous at July 29, 2011 05:36 AM (wuv1c)

58 Maybe King Putt is finally going to present a plan. A plan to go golfing at Camp David, probably.

Posted by: Retread at July 29, 2011 05:36 AM (G+7cD)

59

I don't blame him.  I've been paying into S.S. all my life (so far), when I can collect S.S. (if it's still there), I want my f'ing S.S. 

I'd rather not pay into it at all, or force anyone else to either.  But if I'm paying, I want as much of it as I can get back.

Posted by: yinzer at July 29, 2011 09:26 AM (/Mla1)

When your grandchildren become indentured servants to cover the repayment of your SS, I'm sure they will think fondly of you.

Posted by: Vashta.Nerada at July 29, 2011 05:36 AM (AKAOY)

60 Just imagine what those unemployment numbers would be if all those "nonessential" gubmint workers were laid off. Notice that nowhere in these gloom and doom predictions of checks being cut off or military not being paid do we ever hear a mention of paring back the federal employees on the payroll.

Posted by: Just A Grunt at July 29, 2011 05:36 AM (Zg56g)

61 Even the most simple minded of person would be able to question the logic of continuing billions in foreign aid but threatening the non payment of SS.

Posted by: Alabaster Jones formerly polynikes at July 29, 2011 05:37 AM (ufGlD)

62 Duh.

We should do what GM didn't do 20 years ago (and would have saved the company). Declare Bankruptcy and reschedule.

IE

DEFAULT.

Toss that Steering Wheel right out the window.

If Obama wants to negotiate, then lets start.

Posted by: Zakn at July 29, 2011 05:37 AM (zyaZ1)

63 Until we quit paying for Cowboy Poetry Slams, we will never get the Seniors to take a haircut.
Posted by: toby928™ at July 29, 2011 09:30 AM

I consider it entirely reasonable for the government to be forced to cut every nonessential BEFORE going to those who have paid into S.S. their entire working lives and saying, "gonna hafta eat shit, yo."

Right now, Osama Obama, Reid and even Boner don't want to cut anything.

Listening to all the "pundits" pontificating about "the best we can do" is like listening to someone tell an alcoholic "we'll keep buying you booze now. Maybe in ten years we'll cut you back. Or not."

Lunacy is what it is.

Posted by: MrScribbler at July 29, 2011 05:37 AM (YjjrR)

64 @56 One of the problems (for us) with these long, drawn-out crises is that some just get worn down by the thing and want it to go away.

Posted by: A Balrog of Morgoth at July 29, 2011 05:37 AM (agD4m)

65 Holy Carp.  -116.59 (-0.95%)

Posted by: DJIA at July 29, 2011 05:37 AM (GTbGH)

66 Dogbert, what were the forecast values for the previous qtrs, gotta show how far off their aim is

Posted by: Jean at July 29, 2011 05:38 AM (5HAgy)

67 I said something to the effect of, "SS should be means tested, you don't need that check". You would have thought I shot his dog.

Posted by: Oldsailor's poet at July 29, 2011 09:20 AM (ZDUD4)

I've run into the same thing when talking to older folks and I think it has to do with the clever way that FDR sold the public on the idea that they were "paying into the system" when in reality they were paying a TAX.

When you "pay into a system" you have a reasonable expectation that the system "owes" you repayment.  When you pay a tax your money is gone into the government machinery.

That little bit of bait-and-switch that was pulled off 70 some odd years ago is, and will be, the source of a lot of pain today and in the future.

Posted by: Nighthawk at July 29, 2011 05:38 AM (RSqz2)

68

Holy Carp.  -116.59 (-0.95%)

meh, that's not too bad.

Just wait until Obama speaks

Posted by: Dr.Popodopolous at July 29, 2011 05:38 AM (wuv1c)

69

When your grandchildren become indentured servants to cover the repayment of your SS, I'm sure they will think fondly of you.

Posted by: Vashta.Nerada at July 29, 2011 09:36 AM (AKAOY)

Assuming I didn't need the money, I'd probably be giving it to them anyway.  I'd rather it go to them than let the goverment keep it because they couldn't manage it correctly.  But thanks for thinking of my future grandchildren, you're too kind.

Posted by: yinzer at July 29, 2011 05:39 AM (/Mla1)

70 @69 Obama: The Short-seller's Best Friend

Posted by: A Balrog of Morgoth at July 29, 2011 05:39 AM (agD4m)

71 Posted by: toby928™ at July 29, 2011 09:35 AM (GTbGH)

Trust? I don't fucking trust anything...ANYTHING the government says and does. And that includes state and local.

My village health department is sending people around the place, ringing doorbells and asking whether we own any cats or dogs. Obviously they are trolling for revenue. I told the guy that he can write down anything he wants, but that I am not giving him any information.

Fuck 'em.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:39 AM (LH6ir)

72 That's like saying someone who has been in a coma for a year raises concerns about his health

I'm still alive!

Posted by: ariel sharon at July 29, 2011 05:39 AM (GTbGH)

73 Holy Carp.  -116.59 (-0.95%)

Soon, you will look back fondly on the good old days

Posted by: cherry π at July 29, 2011 05:39 AM (OhYCU)

74 I wish people would listen to Levin more. He had Prof. Mike McConnell on earlier in the week who made this exact point. It should have been repeated ad-naseum by now and all of this talk about no money for SS could have been killed.

Posted by: Rich at July 29, 2011 05:40 AM (wnGI4)

75 "GE moving X-ray business to China"savage was all over this last night.  I pointed out on the other thread that this is some slap in the face to the president.  Someone he trusted has apparently wholly let him down.

Posted by: curious at July 29, 2011 05:40 AM (k1rwm)

76 Why should the Dow be above 10,000 when we are about to default?  Even 8,000?

Hold on for the ride.

Posted by: cherry π at July 29, 2011 05:40 AM (OhYCU)

77 Oh, and how about the latest leftie spontaneous groupthink: "Rush and all these other GOP fatcats urging shutdown, no compromise and so on, Why, they won't even be affected by any consequences. They don't know what it's like for the little guy!"

Really? And all those multi-millionaire fucking Dems know what the hardscrabble streets are like? Find me a poor Dem elected official and I'll find you a four-leaf clover growing a hen's tooth.

Posted by: Jimmuy at July 29, 2011 05:40 AM (W789i)

78 65 @56 One of the problems (for us) with these long, drawn-out crises is that some just get worn down by the thing and want it to go away.

Posted by: A Balrog of Morgoth at July 29, 2011 09:37 AM (agD4m)



True.


Fortunately, that is never true of these:

http://tinyurl.com/3sug2yl


Posted by: CoolCzech at July 29, 2011 05:41 AM (kUaEF)

79 61, We can play federal employee chopped like on the food network (Mrs. Sailor makes me watch). Line up four Fed Employees and ask them to do something constructive. The best one stays and the other three are chopped. The judges should be private sector workers that do the identical job.

Posted by: Oldsailor's poet at July 29, 2011 05:41 AM (ZDUD4)

80
"First-quarter output was sharply revised down to a 0.4 percent pace from 1.9 percent."

We have slipped back into recession.  When the Q2 numbers get revised, everybody will know.

Thanks, Barry!

Posted by: nickless at July 29, 2011 05:41 AM (MMC8r)

81

#7, #27 - I think #27 hit it.  retirees who are well off don't need the SS check but after paying into for 40+ yrs feel they are owed it.  Kind of like putting money into a mutual fund and at the end someone says you can' t get your money back because they think you don't need it.

Need to reform the whole SS system to deal with this issue

 

Posted by: nobama12 at July 29, 2011 05:41 AM (ykY2u)

82 How much is the gubmint giving ACORN, unions, Government Motors and all the other handout/bailout recipients?

The Auto bailouts are a good example of why SSI needs to be drastically reformed. Since the main reason they needed a bailout was underfunded pension systems. The bailout didn't fix the problem just kicked the can down the road and transferred wealth from us and the bondholders to pay pensions for now.


Posted by: Buzzsaw at July 29, 2011 05:41 AM (tf9Ne)

83 They are going to waterboard the shit out the gnomes that calculate GDP to keep it from going negative.

Posted by: Jean at July 29, 2011 05:41 AM (5HAgy)

84 Notice that nowhere in these gloom and doom predictions of checks being cut off or military not being paid do we ever hear a mention of paring back the federal employees on the payroll.

Why aren't the federal employees in danger of not getting paid? Haven't heard a peep about that.

Posted by: Retread at July 29, 2011 05:41 AM (G+7cD)

85

My village health department is sending people around the place, ringing doorbells and asking whether we own any cats or dogs. Obviously they are trolling for revenue. I told the guy that he can write down anything he wants, but that I am not giving him any information.

Wait, What?

 

Posted by: Ben at July 29, 2011 05:42 AM (wuv1c)

86 On one hand, we are told to not worry about not getting huge cuts in spending now because we can wait for entitlement reform.

On the other hand, we are told that entitlement reform shouldn't happen until all the other waste is out of the system.

This is madness. Cut everywhere that will go through, trying to focus most on non-essential government functions. I don't give a damn about propping up redistribution programs just because some people feel they are entitled.

Posted by: Paper at July 29, 2011 05:42 AM (B5qn7)

87 Barry: uuuhhh...There are bumps in the road and then came these headwinds but there's a guy with....uuummm...a slurpee and then uhhhhhh....we've got the car on the road....but ....bumps in the road.....and ummm.....headwinds.....

Posted by: TheQuietMan at July 29, 2011 05:42 AM (1Jaio)

88 69

Holy Carp.  -116.59 (-0.95%)

meh, that's not too bad.

Just wait until Obama speaks

If the words "I can raise the debt ceiling without the authority of Congress" come out of his mouth, we're going to see such a large drop that trading will be halted for at least an hour.

Posted by: Brandon In Baton Rouge at July 29, 2011 05:42 AM (JqpkY)

89 maybe instead of taking away SS and medicare and medicade from people, maybe we should take away ALL foreign aid first?

Posted by: curious at July 29, 2011 05:42 AM (k1rwm)

90 Fix to 83

  they= the car companies

Posted by: Buzzsaw at July 29, 2011 05:42 AM (tf9Ne)

91 Why aren't the federal employees in danger of not getting paid? Haven't heard a peep about that.

Posted by: Retread at July 29, 2011 09:41 AM (G+7cD)

Shocked!

Posted by: Captain Renault at July 29, 2011 05:43 AM (FIDMq)

92 86

My village health department is sending people around the place, ringing doorbells and asking whether we own any cats or dogs. Obviously they are trolling for revenue. I told the guy that he can write down anything he wants, but that I am not giving him any information.

Wait, What?

He's probably referring to the "cat tax" that San Diego and other areas have thought up lately to increase revenue immediately. 

Going from $0 per cat to $15 per cat creates a lot of revenue on paper but, instead, will probably just end up producing more meals at the Peking Moon that meow.

Posted by: Brandon In Baton Rouge at July 29, 2011 05:44 AM (JqpkY)

93 Holy Carp.  -116.59 (-0.95%)

C'mon. I'm not trying to be a Pollyanna, but a 1% move is hardly unusual. Save the freaking out for the 3% drops.

Posted by: Waterhouse at July 29, 2011 05:44 AM (nuGka)

94 Holy Carp.  -116.59 (-0.95%)

Posted by: DJIA at July 29, 2011 09:37 AM (GTbGH)

Meh. If you think anything positive has happened in the last two years to warrant the currently elevated position of the market, the drops will bother you.

If you recognize the truth that the only support for the recovery lie is helicopter Ben, then you are awre that the market should will drop to the 2009 lows and then some.


Posted by: Methos at July 29, 2011 05:45 AM (sOXQX)

95 I've been considering a proposal to rename The Treasury The Department of Bull Shit since we've been simultaneously throwing money out of windows and down the toilet for years, now we're suppose to believe in nonsensical "ceilings" and drop dead apocalyptic crisis dates.

 But Bull Shit is far too non-specific when we're talking Feral Guvmint.

I hope Odumdum keeps speaking quite regulrly, since that might finally be what it takes for the less informed MFM factfed sheeple once and for all that  He's got nuthin'.

Posted by: ontherocks at July 29, 2011 05:45 AM (HBqDo)

96 #90

The 'no cutting entitlements until every single wasteful spending program is gone' is a stupid ploy. It guarantees that entitlements will never be cut because there will always be something for everyone to bitch about (Congressional salaries, departments that shouldn't be federal, whatever).

I want to get rid of foreign aid as well, but it can't hold drastic cuts hostage. It is nothing but convenient cover for people who don't want to admit that the difficult decisions to place our country on a path to solvency will involve them.

Posted by: Paper at July 29, 2011 05:45 AM (B5qn7)

97 88 Barry: uuuhhh...There are bumps in the road and then came these headwinds but there's a guy with....uuummm...a slurpee and then uhhhhhh....we've got the car on the road....but ....bumps in the road.....and ummm.....headwinds.....

Posted by: TheQuietMan at July 29, 2011 09:42 AM (1Jaio)


Corporate JETS!!!

Posted by: CoolCzech at July 29, 2011 05:46 AM (kUaEF)

98 Posted by: CoolCzech at July 29, 2011 09:41 AM (kUaEF)

I think that your objectification of women is disgusting.   (NSFW?)

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:46 AM (LH6ir)

99 i have no problem giving anyone 50 and older to be on the track of receiving ss at 65 with it being means tested for eligibility, those that means test out SHOULD be allowed to deduct the annual amount they WOULD have received if they were destitute, from their taxes as long as they live and file a tax return.... .....anyone younger SHOULD not receive a dime and it should be closed to them period... they should be relieved of paying into it at 50 and SHOULD be allowed at 65 to deduct 1/10th of what the paid into it over their life time, from their taxes for 10 yrs..... .....if your are 18 as of January 1, 2011 you SHOULD not have to pay a dime in to ssn and you will not receive a dime in benefits EVER

Posted by: phoenixgirl at July 29, 2011 05:46 AM (eOXTH)

100 99, Me Too, you got any more of those pictures?

Posted by: Oldsailor's poet at July 29, 2011 05:46 AM (ZDUD4)

101 If the words "I can raise the debt ceiling without the authority of Congress" come out of his mouth, we're going to see such a large drop that trading will be halted for at least an hour.
Posted by: Brandon



BTW - current circuit breaker levels for QIII 2011:


Level 1 Halt

A 1,200-point drop in the DJIA before 2 p.m. will halt trading for one hour; for 30 minutes if between 2 p.m. and 2:30 p.m.; and have no effect if at 2:30 p.m. or later unless there is a level 2 halt.
 
Level 2 Halt

A 2,400-point drop in the DJIA before 1:00 p.m. will halt trading for two hours; for one hour if between 1:00 p.m. and 2:00 p.m.; and for the remainder of the day if at 2:00 p.m. or later.
 
Level 3 Halt

A 3,650-point drop will halt trading for the remainder of the day regardless of when the decline occurs.

Posted by: Laurie David's Cervix at July 29, 2011 05:47 AM (EeYDk)

102 100, You runnin for congress kid? You got my vote.

Posted by: Oldsailor's poet at July 29, 2011 05:47 AM (ZDUD4)

103 Corporate JETS!!!

Millionaires and Billionaires!!!

Posted by: Retread at July 29, 2011 05:48 AM (G+7cD)

104 How can it be the Social Security checks would stop. Doesn't virtually every working American pay from every paycheck to support Social Security? What does that have to do with the budget? Where is the working man's Social Security money? Has someone stolen it? YES THEY HAVE. NOW THE TRUTH IS OUT! CONGRESS AND THE PRESIDENTS HAVE STOLEN OUR SOCIAL SECURITY FUNDS!

Posted by: Emil at July 29, 2011 05:48 AM (pMICI)

105 Even Margaret Noonan has sobered up and now realizes what a piece of shit the JEF is

Posted by: beedubya at July 29, 2011 05:49 AM (AnTyA)

106 I see the Libtards are once again fascinated by the "14th amendment option," which of course is no option at all, but a blatant unconstitutional power grab.

Just try it, 'tards.  Feeling Lucky? 

Posted by: CoolCzech at July 29, 2011 05:49 AM (kUaEF)

107 It appears the dying hill has chosen now whether we like it or not.

Posted by: JackStraw at July 29, 2011 05:49 AM (TMB3S)

108 Posted by: Ben at July 29, 2011 09:42 AM (wuv1c)

There is no new tax or fee. They just want to know who has what, so they can send them bills for the animal licenses.

It is the creeping intrusion into my life that I find vile. This is why I won't tell the police anything, whereas 10 years ago I was much more interested in being a good citizen.

As I said...fuck 'em.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:49 AM (LH6ir)

109 99 Posted by: CoolCzech at July 29, 2011 09:41 AM (kUaEF)

I think that your objectification of women is disgusting.   (NSFW?)

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 09:46 AM (LH6ir)


What's with all that cloth between her gams??

Posted by: CoolCzech at July 29, 2011 05:50 AM (kUaEF)

110 You know, as I was reading Chaffetz's self-congratulatory FB post this morning (for "holding the line"), it occurred to me that this is the same guy who came out and endorsed Mitt a week or two ago. 

Just sayin'. 

Posted by: Y-not at July 29, 2011 05:50 AM (5H6zj)

111 #100

This plan would be changed an election cycle or two before it was implemented. How is this hard to see?

And again, why is it fine to make someone from 25 years to 50 years pay thousands of dollars of taxes into a program just so older people can feel satisfied that they got the benefits of wealth redistribution at someone else's expense?

It is a non-starter, just like the Ryan plan. It assumes that we will control the government for decades. It won't work.

Posted by: Paper at July 29, 2011 05:50 AM (B5qn7)

112 So it seems that the only question before us is, Will the chairs on the deck of the Titanic be rearranged by the Republicans, or the Democrats?

Posted by: CoolCzech at July 29, 2011 05:51 AM (kUaEF)

113 If King Barry claims a 14th Amendment solution I'm throwing in with the burn it down crowd. Does this face-mask make my head look big? I wish anarchist chicks bathed.

Posted by: Anonymoose at July 29, 2011 05:51 AM (ZgvjV)

114

Posted by: phoenixgirl at July 29, 2011 09:46 AM (eOXTH)

 

Means-testing?  So you basically just want to turn it into a welfare program?  I know, I know, that's basically what 90% of it is now.  But if you're going to do that, just eliminate it completely and let the states handle it however they handle their current welfare programs.  Calling it social security and telling people what they'll collect if they pass the "means test" will just create animosity between the people who will collect and the people who won't see jack despite paying for it.

Posted by: yinzer at July 29, 2011 05:52 AM (/Mla1)

115 Ma's checks showed up on direct-deposit on Wednesday. They were actually early this month...

Posted by: Sam in Dunedin at July 29, 2011 05:53 AM (a5xla)

116 So, you can not balance the budget without hitting entitlements. Mallamutt, RINOPresident for Life, all post will involve old 80 songs today at July 29, 2011 09:50 AM Sorry, Yinzer wants his fucking check so piss up a rope.

Posted by: Oldsailor's poet at July 29, 2011 05:53 AM (ZDUD4)

117 The problem with social security is THE POLITICIANS HAVE STOLEN ALL THE MONEY OVER THE YEARS SINCE THE BEGINNING!

Posted by: Emil at July 29, 2011 05:53 AM (pMICI)

118 114 So it seems that the only question before us is, Will the chairs on the deck of the Titanic be rearranged by the Republicans, or the Democrats?

Posted by: CoolCzech at July 29, 2011 09:51 AM (kUaEF)

Who gets to be the face of the guy hitting the prop?

Posted by: Red Shirt at July 29, 2011 05:53 AM (FIDMq)

119 Not sure why there is not a single elected Republican who is waving the Supreme Court decision that SS is not a right, that it can be cut at any time, for any reason, by any Congress and there isn't shit the seniors can do about it because it is a tax, not a fund?

Oh, right. Then they'd have to explain why they went along with the lie, why they spent the money. That right there is the alpha and omega of why there will never be any reform to SS until utter collapse.

And an honest and wise man would be doing everything in his power to force the collapse sooner rather than later.

Oh, and given just how angry self-described conservatives--conservatives so rock-ribbed they post on this site!-- were yesterday at the notion of a mere 1% cut tells you all you need to know about how bad the collapse is going to be.

There is one other way out: Offer a means-tested one-time, lump-sum check of what they paid in.

Posted by: Jimmuy at July 29, 2011 05:53 AM (W789i)

120

Picked up some extra cash, AK ammo, and a few other items this morning. IF the SSI checks don't go out, you'll see blood in the streets by this time next Friday.

 

Posted by: Dick_Nixon at July 29, 2011 05:53 AM (kaOJx)

121 Posted by: Oldsailor's poet at July 29, 2011 09:41 AM (ZDUD4)
I think we ought to have cage matches between Cabinet Level Dept Heads.  The ones that survive only get their budgets cut by 40%.  The ones that lost, get to send out layoff notices for their entire agency.  We might want to significantly handicap DoEd and EPA though just in case!

Posted by: Hrothgar-Government Reformer at July 29, 2011 05:54 AM (yrGif)

122 @122
OK, tough guy. 
/s

Posted by: Y-not at July 29, 2011 05:54 AM (5H6zj)

123

Calling it social security and telling people what they'll collect if they pass the "means test" will just create animosity between the people who will collect and the people who won't see jack despite paying for it.

See, to JEF, that's the desired end state.  So that's a win for him.

Posted by: Sean Bannion at July 29, 2011 05:54 AM (sbV1u)

124 If King Barry claims a 14th Amendment solution I'm throwing in with the burn it down crowd. I 'Thought" I heard yesterday that the White House has already ruled that out?

Posted by: nevergiveup at July 29, 2011 05:55 AM (i6RpT)

125 Treasury has called a noon meeting in NYC with the Fed and our walking zombie financial community to start planning what happens if there's no deal. Bohica.

Posted by: JackStraw at July 29, 2011 05:55 AM (TMB3S)

126 And with Barry's *STELLAR* economic numbers, look for the problem to get a whole lot worse.

Posted by: nickless at July 29, 2011 05:55 AM (MMC8r)

127 123, It's all good as long as Greg Gutfeld is the host.

Posted by: Oldsailor's poet at July 29, 2011 05:55 AM (ZDUD4)

128 Sorry, Yinzer wants his fucking check so piss up a rope.

Posted by: Oldsailor's poet at July 29, 2011 09:53 AM (ZDUD4)

Fuckin A!

Actually, I'll gladly take a loss, even a 100% loss, if it means they system is scrapped completely.  This "means testing" shit is bullshit though, it would be just another welfare program.  I don't mind not getting a check, but I don't want to not get a check because the gov decides I make too much.

Posted by: yinzer at July 29, 2011 05:55 AM (/Mla1)

129 #116

Wonderful how you notice that and not how ridiculous it is for someone to pay into the program for 25 years and receive nothing but a 'tax exemption'.

Because one generation pays for the benefits of the older generation, SS has to stop by some group of people feeling the pain.  You could lower taxes and benefits at the same time, so that younger people still pay for a program they won't receive (but less!) while older people take a benefit cut. This would be an example of sharing the pain.

But this just won't do, because the federal government is an evil, lying bastard that can't be trusted, except when it is giving me something and it must play by the rules.

Posted by: Paper at July 29, 2011 05:55 AM (B5qn7)

130

Y not, it won't be me in the streets, I'll be at work funding the millions that get a check for hangnails and such.

However, as I work in a urban area, just being prepared.

 

Posted by: Dick_Nixon at July 29, 2011 05:56 AM (kaOJx)

131 Allen West on Laura Ingraham re the debt ceiling and the (rumor) that the Tea Party is calling for him to be primaried. 

I wonder who started that rumor, btw. 

Posted by: Y-not at July 29, 2011 05:56 AM (5H6zj)

132 Posted by: beedubya at July 29, 2011 09:49 AM (AnTyA)

Too little and too late. She is supposed to be some wise woman who can see through the political rhetoric and explain to us what is really true. She allowed her guilt to overwhelm whatever intelligence and insight she might have had.

However, the article is pretty damned good:

So he is losing a battle in which he had superior forces—the presidency, the U.S. senate. In the process he revealed that his foes have given him too much mystique. He is not a devil, an alien, a socialist. He is a loser. And this is America, where nobody loves a loser.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:56 AM (LH6ir)

133 The problem with social security is THE POLITICIANS HAVE STOLEN ALL THE MONEY OVER THE YEARS SINCE THE BEGINNING!

Actually, the problem we stopped giving birth to enough suckers to tax to pay the coots at the back end.  It was a scam from Day One.

Posted by: nickless at July 29, 2011 05:57 AM (MMC8r)

134 One can hope. (and lock and load.)

Posted by: Anonymoose at July 29, 2011 05:57 AM (ZgvjV)

135 Hey IÂ’d trade a clean debt ceiling raise for shit canning obamacare? Anyone else?

Posted by: nevergiveup at July 29, 2011 05:58 AM (i6RpT)

136 Clean up on aisle 122.

Idiot.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 05:58 AM (LH6ir)

137

Picked up some extra cash, AK ammo, and a few other items this morning. IF the SSI checks don't go out, you'll see blood in the streets by this time next Friday.

Who knew the lazy, old, and disabled were such fearsome fighters?

Posted by: Bevel Lemelisk at July 29, 2011 05:58 AM (FkKjr)

138 You KNOW...


Take that Casey Anthony $1 million rubber mask in the sidebar...

...apply some shoe polish...

...and it would look downright Presidential...

Posted by: CoolCzech at July 29, 2011 05:59 AM (kUaEF)

139 President to speak lie at "10:20"

Posted by: dogfish at July 29, 2011 06:00 AM (NuPNl)

140

Posted by: Paper at July 29, 2011 09:55 AM (B5qn7)

Read my post right above that one.  I would LOVE to be the generation that takes the hit and doesn't get anything back... as long as the Ponzi scheme ends.  But you're right, I don't want the gov to be in charge of "means testing" to decide what I get back, if I get anything back. 

You want SS to just be a welfare program?  Fine, label it as such and lump it in with the federal income tax.  Don't seperate it and send me statements saying how much I'll get if the "means testing" permits it.

Posted by: yinzer at July 29, 2011 06:00 AM (/Mla1)

141 Who knew the lazy, old, and disabled were such fearsome fighters?

It's like a zombie movie out there!  A very slow, slow zombie movie.

Posted by: nickless at July 29, 2011 06:00 AM (MMC8r)

142 From the looks of the microphones it looks like obama is gonna talk from a bathroom window?

Posted by: nevergiveup at July 29, 2011 06:00 AM (i6RpT)

143 I wonder who started that rumor, btw.

Good question, as one of the Tea Party groups said that the press release calling for West's primary released in their name was unauthorized.

Posted by: Brandon In Baton Rouge at July 29, 2011 06:01 AM (JqpkY)

144

If the words "I can raise the debt ceiling without the authority of Congress" come out of his mouth, we're going to see such a large drop that trading will be halted for at least an hour.

Posted by: Brandon In Baton Rouge

I don't know about that.  The stock market might actually rally today if he does that, and there are more Larry Kudlow's retailing another set of vaporware than there are people who can do math and, based on where the DOW is now versus where the economy really is, one could plausibly argue that is the case.


Posted by: A Balrog of Morgoth at July 29, 2011 06:01 AM (agD4m)

145

Barack Hussien Obama...HHMMMM.......HMMMM.......HMMMMMM

According to an analysis by the Economic Policy Institute, in Charlotte, N.C., the Unemployment rate for African-Americans is 19.2 percent. If you add in people who have given up looking for jobs, that number exceeds 20 percent, which, according to economists Algernon Austin and William Darity, has effectively mired blacks in a depression. But like the good Lemmings they are, they still will vote for their Messiah...So sad...So sad !!!!

 

Posted by: Ghost of the Black Middle Class at July 29, 2011 06:01 AM (48wze)

146

Bevel, I see that you are unable to read either, just like charliebrownsdildo.

Shame, there are plenty of English as a 2nd language courses around.

Posted by: Dick_Nixon at July 29, 2011 06:02 AM (kaOJx)

147 Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 09:56 AM (LH6ir)

CBD...that's the article they were discussing on Morning Jo(k)e

Posted by: beedubya at July 29, 2011 06:02 AM (AnTyA)

148 It's like a zombie movie out there!  A very slow, slow zombie movie.

Braaaaaaaaaaiiiiinnns!  And Maaaaaatlooooock!

Posted by: nickless at July 29, 2011 06:02 AM (MMC8r)

149 ANOTHER Bambi speech?


Let me be clear.

Millionaires and Billionaires.

Corporate Jets.

Compromise.

Uuugh!

Posted by: CoolCzech at July 29, 2011 06:02 AM (kUaEF)

150 I'm an expert in English and an Ivy League genius of some reknown.  Being on the precipice is a good thing - which they even teach kids at Indonesian schools!  Didn't you listen to me drivel on about passing health scare?

Posted by: B Hussein Obama, Prime Minister of Indonesia at July 29, 2011 06:03 AM (lVJ92)

151 Let me be clear. Millionaires and Billionaires. Corporate Jets. Compromise. Uuugh! Posted by: CoolCzech at July 29, 2011 10:02 AM (kUaEF) Balanced approach Oil Companies

Posted by: nevergiveup at July 29, 2011 06:03 AM (i6RpT)

152 Hey Czech good morning. You ready for the Apocalypse? Long time no see.

Posted by: Dick_Nixon at July 29, 2011 06:04 AM (kaOJx)

153 Wait! There's plenty of cash in the SS lockbox...the crazed sex poodle told us so.

Posted by: beedubya at July 29, 2011 06:04 AM (AnTyA)

154 144 From the looks of the microphones it looks like obama is gonna talk from a bathroom out his ass window?

Posted by: nevergiveup at July 29, 2011 10:00 AM (i6RpT)



FTFY.  And yes, he will.

Posted by: CoolCzech at July 29, 2011 06:04 AM (kUaEF)

155 Actually, the problem we stopped giving birth to enough suckers to tax to pay the coots at the back end.  It was a scam from Day One.

Chopping up 50 million potential taxpayers hasn't helped the situation.

Posted by: Methos at July 29, 2011 06:04 AM (sOXQX)

156 149 reading just the comment it could be taken both ways....one, that you were old and going to go nuts or two, you were in self preservation mode.....you could have been more clear....

Posted by: phoenixgirl at July 29, 2011 06:05 AM (eOXTH)

157 I 'Thought" I heard yesterday that the White House has already ruled that out?

Posted by: nevergiveup at July 29, 2011 09:55 AM (i6RpT)

I think you heard correctly, so my guess is that is actually the secret plan!Disinformation--a tried and true propaganda technique comrade!

Posted by: Hrothgar at July 29, 2011 06:05 AM (yrGif)

158 @156: Hi, Dick_Nixon.

Yeah, I just couldn't stand some of the resident Lefties at rightwingnews anymore.  Don't know why Hawkins puts up with it.

Besides, there are always so many threads up, it's a pain trying to find the one everyone is posting to.

Posted by: CoolCzech at July 29, 2011 06:05 AM (kUaEF)

159 Let me be clear.

Millionaires and Billionaires.

Corporate Jets.

Compromise.

Uuugh!
Posted by: CoolCzech at July 29, 2011 10:02 AM (kUaEF)
Balanced approach
Oil Companies Posted by: nevergiveup

.Shared sacrifice (as long as it ain't mine).

Posted by: King Putt at July 29, 2011 06:05 AM (G+7cD)

160 It's like a zombie movie out there!  A very slow, slow zombie movie.

Posted by: nickless at July 29, 2011 10:00 AM (MMC8r)

The Revolution begins when the 10:15 bus gets here!

Posted by: Bevel Lemelisk at July 29, 2011 06:05 AM (FkKjr)

161 You know what the worst thing about this shit is? Number one, basically the Tea Party people are right, and I mean R-I-G-H-T! But that's irrelevant. You can be right and you can be obstinate about it too. It's hard to justify hijacking the entire government process when you only control one third of it.

Now for bad news number one. If our credit rating is dropped, that means we're actually going to be paying MORE for interest on the debt, so all of this haggling over "principle" has been counter-productive, to put it charitably.

Bad News Number Two gets even worse. At this stage of the game, its probably too late to keep our credit rating from dropping.

Bad News Number Three-The Tea Party might well get the Lion's Share of the blame. They don't deserve the Lion's Share, but they do deserve at least, oh, maybe a third of it. Even if they end up getting no more than the share of the blame they deserve, that's still bad news for the Tea Party due to reason Number Four, which is-wait for it-

The Tea Party is as we speak shitting away what chance they ever might have had to wrest control of the Republican Party from the entrenched self-interest of the Beltway Establishment RINOs that now and probably at this point will forever control it.

What does this all mean? Just that a great many Tea Party Congressman who manage to win their primaries might not have such an easy time of it in the General Election when the Independent voters have their say in the matter. And as for those Tea Party candidates who might have been thinking about primarying current GOP politicians? My advice to them is, take up a new hobby. Macrame' might be fun.

Posted by: ThePaganTemple at July 29, 2011 06:06 AM (vOG6C)

162

Good news everybody!!

The President's giving a speech at 10:20 AM for those who didn't know.

I'm guessing it will be along the lines of....

"Good morning. The Republicans loathsome behaviour over the last several days is leading America towards a precipice, towards a disasterous default on our national debt and is threatening our recovering economy.

Let me be clear, for every minute past 3:00 PM, the Republicans continue to hold this nation hostage, I will be forced to eliminate one senior citizen."

The time for implied threats is over.....

Posted by: Stateless Infidel at July 29, 2011 06:06 AM (GKQDR)

163 .Shared sacrifice (as long as it ain't mine).

Posted by: King Putt at July 29, 2011 10:05 AM (G+7cD)

dont forget 'any of my voting block'

Posted by: TOTUS at July 29, 2011 06:07 AM (FIDMq)

164 There is always money in the banana stand

Posted by: Ben at July 29, 2011 06:07 AM (wuv1c)

165

phoenixgirl,

It's self preservation mode. Just planning on the fine people in the neighborhood celebrating not receiving their dole.

Posted by: Dick_Nixon at July 29, 2011 06:07 AM (kaOJx)

166 Who knew the lazy, old, and disabled were such fearsome fighters?

Fear the Up-armored Hoveround

Posted by: Buzzsaw at July 29, 2011 06:07 AM (tf9Ne)

167 Who knew the lazy, old, and disabled were such fearsome fighters? Apparently you have never stood in the Buffet line at the Indian Casino.

Posted by: Oldsailor's poet at July 29, 2011 06:07 AM (ZDUD4)

168 171 "Who knew the lazy, old, and disabled were such fearsome fighters?"


Apparently you have never stood in the Buffet line at the Indian Casino.

Posted by: Oldsailor's poet at July 29, 2011 10:07 AM (ZDUD4)


That's an ugly picture, you paint there...

Posted by: CoolCzech at July 29, 2011 06:09 AM (kUaEF)

169 Is there a pool going on how late King Putt will be?

Posted by: Retread at July 29, 2011 06:09 AM (G+7cD)

170

i have no problem giving anyone 50 and older to be on the track of receiving ss at 65 with it being means tested for eligibility, those that means test out SHOULD be allowed to deduct the annual amount they WOULD have received if they were destitute, from their taxes as long as they live and file a tax return....

.....anyone younger SHOULD not receive a dime and it should be closed to them period... they should be relieved of paying into it at 50 and SHOULD be allowed at 65 to deduct 1/10th of what the paid into it over their life time, from their taxes for 10 yrs.....

.....if your are 18 as of January 1, 2011 you SHOULD not have to pay a dime in to ssn and you will not receive a dime in benefits EVER

Posted by: phoenixgirl at July 29, 2011 09:46 AM (eOXTH)

 

OK, but who is going to pay the benefits to those that receive it?  A lot of people are under the impression that they are paying up to 30-odd percent in income tax, plus 14% social security tax, which is not true.  All of the money is going into the same pot, so you are just paying a 45% income tax, and the Treasury is spending twice as much as you send in.

Posted by: Vashta.Nerada at July 29, 2011 06:09 AM (AKAOY)

171 Who knew the lazy, old, and disabled were such fearsome fighters? Just don't lead them so much.

Posted by: Anonymoose at July 29, 2011 06:09 AM (ZgvjV)

172

Czech agreed. The threads over there are rough. Then again, if you saw the Battle of the Ages last night about Social Security here, it got real there for a while.

 

Posted by: Dick_Nixon at July 29, 2011 06:09 AM (kaOJx)

173

Picked up some extra cash, AK ammo, and a few other items this morning. IF the SSI checks don't go out, you'll see blood in the streets by this time next Friday.

Especially when those debit cards don't work at the Old Country Buffet Early Bird Special hours!

Here's what we do. We put a 10,000% tax on prunes, vicks vapor rub, and anyone who uses the phrase, "well in my day".

That  way we'll get all the SS money back

Posted by: Ben at July 29, 2011 06:10 AM (wuv1c)

174

Posted by: ThePaganTemple at July 29, 2011 10:06 AM (vOG6C)

But what is your solution then?  Boehner's plan supposedly won't make it to Obama anyway, so what then?  Compromise further?  At some point you have to draw a line in the sand.  The Tea Party crowd thinks Boehner's plan is weak to begin with, but are going along with it mostly, because of the reasons you mentioned.  But if the dems know that if they sit back and do nothing we'll just keep compromising in their direction, what do you think they'll do?  Exactly what they have been doing.

Posted by: yinzer at July 29, 2011 06:10 AM (/Mla1)

175 The Tea Party is as we speak shitting away what chance they ever might have had to wrest control of the Republican Party from the entrenched self-interest of the Beltway Establishment RINOs that now and probably at this point will forever control it.

What does this all mean? Just that a great many Tea Party Congressman who manage to win their primaries might not have such an easy time of it in the General Election when the Independent voters have their say in the matter.

Posted by: ThePaganTemple at July 29, 2011 10:06 AM (vOG6C)


I doubt that's true.  If anything, more are resolved that the problem is REAL and will continue to get the message out to zombied Americans.  This strengthens their point.

Posted by: dogfish at July 29, 2011 06:10 AM (NuPNl)

176 Apparently you have never stood in the Buffet line at the Indian Casino.

That's the part that always galls me with the portrayal of dogfood eating seniors mere pennies from death.  Go to any bingo hall or casino and I guarantee you that the median age will be well into the 50s because of all the oldsters.

Some are on tight budgets, yeah, but plenty more ain't.

Posted by: nickless at July 29, 2011 06:10 AM (MMC8r)

177 Posted by: beedubya at July 29, 2011 10:02 AM (AnTyA)

Yes, I thought a link might be nice. I think her blinders are finally off (she still looks like a horse though).

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:11 AM (LH6ir)

178 177

Picked up some extra cash, AK ammo, and a few other items this morning. IF the SSI checks don't go out, you'll see blood in the streets by this time next Friday.

Especially when those debit cards don't work at the Old Country Buffet Early Bird Special hours!

Here's what we do. We put a 10,000% tax on prunes, vicks vapor rub, and anyone who uses the phrase, "well in my day".

That  way we'll get all the SS money back

You forgot high-water pants, Cadillacs, Crown Victorias, and retirement homes in Florida.

Posted by: Brandon In Baton Rouge at July 29, 2011 06:11 AM (JqpkY)

179 2 hobo pelts.

Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:10 AM (OWjjx)

Fresh or tanned?

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:12 AM (LH6ir)

180 Revised?  REVISED?  They were off by 475% and they call it revised?

1.9 to 0.4?  I haven't been following but I can bet you this: Q2 will also be revised downward.  They're lying and never being called on it.


Posted by: AmishDude at July 29, 2011 06:12 AM (T0NGe)

181 Posted by: Dick_Nixon at July 29, 2011 10:02 AM (kaOJx)

Thank you for your advice. I'll consider taking an ESL course when you blow me.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:13 AM (LH6ir)

182

If King Barry claims a 14th Amendment solution I'm throwing in with the burn it down crowd.

I 'Thought" I heard yesterday that the White House has already ruled that out?

--------

No, actually Carney left the door quite open when he was asked what the admin would do if the ceiling wasn't raised and he said something along the lines of "We have a plan if congress doesn't act."

Now, obviously that doesn't mean he is talking about the 14th ammendment..but he could be.

Posted by: Rich at July 29, 2011 06:13 AM (wnGI4)

183

And to really spite the seniors, tax birthday cards for grandchildren.

Posted by: Stateless Infidel at July 29, 2011 06:14 AM (GKQDR)

184

They're lying and never being called on it.


Never attribute to malice what can be explained by stupidity and incompetence.

I think Paul Krugman is proof enough of that.

Posted by: Sean Bannion at July 29, 2011 06:14 AM (sbV1u)

185

What's with all that cloth between her gams??

Posted by: CoolCzech at July 29, 2011 09:50 AM (kUaEF)

Male oppression, keeping her womanhood bound, restricted, concealed.  It should be done away with immediately!

Posted by: Insomniac at July 29, 2011 06:14 AM (v+QvA)

186 CBD, sort of early to be coming out of the closet, isn't it? But hey, the GOP has a big tent, people with your "exotic" lifestyle are always welcome.

Posted by: Dick_Nixon at July 29, 2011 06:14 AM (kaOJx)

187 185 Revised?  REVISED?  They were off by 475% and they call it revised?

1.9 to 0.4?  I haven't been following but I can bet you this: Q2 will also be revised downward.  They're lying and never being called on it.


Posted by: AmishDude at July 29, 2011 10:12 AM (T0NGe)

Wouldn't that then qualify as a 'recession'?

Bush Recession 2.0!

Posted by: blindside at July 29, 2011 06:15 AM (3Uns6)

188 This thing is about as real as the Obama Administration's forward leaning policy for the International Space Station:  A ten year plan to crash that big bastard into the Pacific.

Posted by: Fritz at July 29, 2011 06:15 AM (/ZZCn)

189 It's too bad we can't be like the Japanese and let our elderly move in with us. They can help us teach our young with their wisdom and life experiance. This also helps us teach our young how to treat us when we are elderly.

Posted by: Oldsailor's poet at July 29, 2011 06:15 AM (ZDUD4)

190

No, actually Carney left the door quite open when he was asked what the admin would do if the ceiling wasn't raised and he said something along the lines of "We have a plan if congress doesn't act."

Now, obviously that doesn't mean he is talking about the 14th ammendment..but he could be.

I think he has a plan in the same sense as the Cylons from Battlestar Galactica had a plan.  Doesn't mean it's a very GOOD plan, as the post-series movie "The Plan" laid out.

Posted by: Brandon In Baton Rouge at July 29, 2011 06:15 AM (JqpkY)

191 Unfortunately for us, the pols have been playing with our money in this manner for years, and kicking the can down the road sort of worked, so they think they can keep it up ad infinitum
Now, I think we are going to see the results of what happens when reality intrudes on the comfy little inside the beltway world (not that I expect that any of the chosen will suffer any of the consequences of the kleptocratic ways)! 

Posted by: Hrothgar at July 29, 2011 06:15 AM (yrGif)

192 1.9 to 0.4?  I haven't been following but I can bet you this: Q2 will also be revised downward.  They're lying and never being called on it.


Posted by: AmishDude at July 29, 2011 10:12 AM (T0NGe)

Seems to me the experts and such NEVER get it right, and to be off that much should cost somebody a job...thats not even in the same area code

Posted by: TOTUS at July 29, 2011 06:15 AM (FIDMq)

193

Hey.....I own a Crown Victoria........I'm not old (yet -- I think)

You own a Crown Vic and you don't think you're old...yet?

You know that dementia you got goin' on is a good sign.  Are you sure you aren't the first in line at the Early Bird every day?

Posted by: Sean Bannion at July 29, 2011 06:15 AM (sbV1u)

194 tax on prunes, vicks vapor rub, and anyone who uses the phrase, "well in my day".

Thank goodness I like mangos, use Gold Bond, and have the vocabulary of the tourettes guy.

Posted by: Bob Saget riding the debt spiral of doom at July 29, 2011 06:16 AM (F/4zf)

195 @Yinzer 178-

Its too late for mine or any other solution, at this stage of the game we're fucked. But if I had to offer an alternative solution, just off the top of my head, it would be that if our credit rating is dropped, we might as well go ahead and default on the debt. But you know that's not going to happen because Obama is the one who is going to decide who and what gets paid. And he damned sure is going to make sure the interest on the debt is paid, because, of course, he wants to keep borrowing, even if it is at an increased rate of interest.

Oh, and by the way, that thing about him deciding who or what gets paid and doesn't. I think you can count on severe, serious cuts in border security.

Posted by: ThePaganTemple at July 29, 2011 06:16 AM (vOG6C)

196 he said something along the lines of "We have a plan if congress doesn't act."

Just don't expect it to be put in writing, even crayon.

Posted by: Retread at July 29, 2011 06:16 AM (G+7cD)

197 They're lying and never being called on it.

Yeah, about that...

Posted by: the market for the next six months at July 29, 2011 06:17 AM (sOXQX)

198

Posted by: Oldsailor's poet at July 29, 2011 10:15 AM (ZDUD4)

I think the Western world will go back to that, not by choice.

Time to go listen to President Moron. Ughhh

 

Posted by: Stateless Infidel at July 29, 2011 06:17 AM (GKQDR)

199

I doubt that's true.  If anything, more are resolved that the problem is REAL and will continue to get the message out to zombied Americans.  This strengthens their point.

Posted by: dogfish at July 29, 2011 10:10 AM (NuPNl)

I do not get this "Boehner is a loser" meme, but I guess it's a Washington thing.  "Success" is passing legislation.

Look, the only person in Washington who is even trying to get some sort of compromise is Boehner.  Nobody else.  He should be the media's Golden Boy.  "Adult in the room" and all that.

Posted by: AmishDude at July 29, 2011 06:17 AM (T0NGe)

200 Posted by: Insomniac at July 29, 2011 10:14 AM (v+QvA)

Good point.  (NSFW)

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:17 AM (LH6ir)

201

Just don't expect it to be put in writing, even crayon.

Why does that post bring to mind an image of JEF sitting in the Oval Office with a coloring book?

 

Posted by: Sean Bannion at July 29, 2011 06:17 AM (sbV1u)

202

Just don't expect it to be put in writing, even crayon.

---
With the games he and Reid are playing, more like letters clipped out of magazines. 

Posted by: Y-not at July 29, 2011 06:18 AM (5H6zj)

203 Wouldn't that then qualify as a 'recession'?

Technically, no.  You need negative growth for two consecutive quarters.

However, as we were told at the end of the Bush administration, a "recession" is a flexible definition when a Republican is in office.

Posted by: AmishDude at July 29, 2011 06:19 AM (T0NGe)

204 Why does that post bring to mind an image of JEF sitting in the Oval Office with a coloring book?

It was meant to, when he isn't putting, of course.

Putting, the 21st century version of fiddling.

Posted by: Retread at July 29, 2011 06:19 AM (G+7cD)

205 Posted by: Dick_Nixon at July 29, 2011 10:14 AM (kaOJx)

I see you don't understand the reference. But suggesting that I am gay is a wonderful retort. I am in awe of your savage humor and quick wit.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:19 AM (LH6ir)

206 173 Is there a pool going on how late King Putt will be? Posted by: Retread at July 29, 2011 10:09 AM (G+7cD) $5 on 10:25 and change.

Posted by: joncelli at July 29, 2011 06:19 AM (RD7QR)

207

Look, the only person in Washington who is even trying to get some sort of compromise is Boehner.  Nobody else.  He should be the media's Golden Boy.  "Adult in the room" and all that.

Posted by: AmishDude at July 29, 2011 10:17 AM (T0NGe)

Yes. but he is trying far too hard and emphasizing the compromise part. He should have stopped until the Senate responded with something!

Posted by: Hrothgar at July 29, 2011 06:20 AM (yrGif)

208 Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 10:17 AM (LH6ir) Damn you, now I have to go to work with a stiffy.

Posted by: Anonymoose at July 29, 2011 06:20 AM (ZgvjV)

209 Some folks around here had better wake up and sign up for the Tea Party,  because we're here to save your ignorant asses from the same folks who have been sellin us all down the river for the last fourty years.
Get on board and help or die on the vine with the Repugs .

Boehner blew  it at the start by negotiating away all his goodies in the White House and now with the measily cuts in increases proposed he is getting the bitch slapping from Dinghy Harry, the Lyin Kings enabler, who will reconcile this piece of crap into a Democrats wet dream of higher taxes and no renewal until after the Repugs help re-elect the Lyin King.

Either Sarah or Trump or both are gonna show up one day and drive the Tea Party truck right over top of the limp dick Repugs who have sold our kids to the Kings and Queens in the Entitlement Party.
Get on board or become road kill, but what ever you do leave your pussy footing, limp dick, scaredy ass RINOhood at home.
We don't need no fucking McCains.
Count It!

Posted by: Tea Party Proud and Gonna Stay Loud! at July 29, 2011 06:20 AM (vXqv3)

210

Seems to me the experts and such NEVER get it right, and to be off that much should cost somebody a job...thats not even in the same area code

Posted by: TOTUS at July 29, 2011 10:15 AM (FIDMq)

Frankly, I liked the time when dishonored people in high positions would have to commit seppuku.  Good times.  Good times.

Posted by: AmishDude at July 29, 2011 06:21 AM (T0NGe)

211

Yes. but he is trying far too hard and emphasizing the compromise part. He should have stopped until the Senate responded with something!

---------

Well clearly you weren't here last night, when I was told time and time again that low-balling your own offer before the other side counters is a good idea.

Posted by: Rich at July 29, 2011 06:21 AM (wnGI4)

212 obama speaking is only to gonna make the "tea party" Republicans madder and make it more difficult to pass anything out of the Congress. maybe that is his intention

Posted by: nevergiveup at July 29, 2011 06:21 AM (i6RpT)

213 Oh god! Barky is going to speak with a portrait of George Washington in the background. Lightning should strike.

Posted by: Retread at July 29, 2011 06:22 AM (G+7cD)

214 Posted by: Anonymoose at July 29, 2011 10:20 AM (ZgvjV)

She is smokin' hot, and sexy beyond belief. Sort of a throwback to the more well-built of the Hollywood starlets.

Not like the emaciated stick figures with inflated racks that we have now.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:22 AM (LH6ir)

215 From Chaos Manor blog

If you think you have a right
to force me to pay for your health care,
then why donÂ’t you have a right
to force me to pick your cotton?

Posted by: Buddha at July 29, 2011 06:22 AM (Ehkdx)

216

I need thorazine in Room 215!  Stat!

Nurse, call Psychiatry and tell them to free up a bed.  It's going to be a long night.

Posted by: Sean Bannion at July 29, 2011 06:22 AM (sbV1u)

217

I'm not old...........I have a fat ass!

I stand corrected.

Yes, the Crown Vic makes your ass look fat.

Posted by: Sean Bannion at July 29, 2011 06:23 AM (sbV1u)

218 220, I want the picture to animate and slap him in his head.

Posted by: Oldsailor's poet at July 29, 2011 06:23 AM (ZDUD4)

219

I've drawn the conclusion that if you own a Crown Vic, you're either:

1) Old

2) a cop impersonator

3) a hood-rat (gotta give em credit for liking their V8's)

4) a government

Posted by: yinzer at July 29, 2011 06:23 AM (/Mla1)

220 Vic went to the Doc yesterday, maybe he got some good meds.

Posted by: Case at July 29, 2011 08:22 AM (0K+Kw)

No but I got some good news. My problem wasn't one of the major "you're ganna die" problems.


So I have been on the front porch in a rocking chair all night. I did have visitors thought to help me.

Posted by: Vic at July 29, 2011 06:23 AM (M9Ie6)

221 Barky is going to speak with a portrait of George Washington in the background.

Maybe he'll suggest rolling government spending back to post-Revolutionary levels.

HAHAHAHAHAA!

Posted by: Waterhouse at July 29, 2011 06:23 AM (nuGka)

222 New:
Reid: The Senate will act today even if the House doesnÂ’t

Posted by: cherry π at July 29, 2011 06:23 AM (OhYCU)

223 O/T, but somewhat related.  Holdout Chaffetz is touting his "freedom index" rating from some pub called New American.  Anyhoo, the end of their publication of Congressional rankings has a full page ad from the John Birch Society.

Has the JBS been altered in some way that makes it part of mainstream conservatism? 

Posted by: Y-not at July 29, 2011 06:23 AM (5H6zj)

224 174 vashta nerada people paying in are anyone in the work force who is between the ages of 18 and 50 as of jan 1, 2011...they pay in to it but don't get a dime of it.....they get tax breaks later on.... it's not a perfect plan but it ends the madness....i'm 46 and i've always know ssn was something i would never see a dime of.....but i've had to pay into it.....so if stupid old me knew this everyone else in my age group has to have known this as well...and it sucks for us but we keep most of our kids from getting suckered into paying for it and the ones that still have too at least have the release date of 50 and get a nice tax break in their later years.......

Posted by: phoenixgirl at July 29, 2011 06:24 AM (eOXTH)

225 Technically, no.  You need negative growth for two consecutive quarters.

Q2 will be revised negative.  So, don't count on much for Christmas, kids!

Posted by: nickless at July 29, 2011 06:24 AM (MMC8r)

226 Obama, "the obstructionists Republicans  will not work in a bi-partisan fashion so I have decided to Raise the debt ceiling on my own, I don't want to hear complaints , It is the job of the President to see gvt stays working so that Grandma  doesn't get kicked out of the nursing Home and starve to death on the streets of one of our cities.
If the Republicans had brought me a clean bill without tax breaks for the corporate Jet owners , I could have signed it, You chose gramma dying of starvation or a Jet owner paying their fair share?.

thank you, Now Michelle and I will take a much needed break and fly to Rio .

Posted by: willow at July 29, 2011 06:24 AM (h+qn8)

227

Yes. but he is trying far too hard and emphasizing the compromise part. He should have stopped until the Senate responded with something!

Posted by: Hrothgar at July 29, 2011 10:20 AM (yrGif)

Meh.  I think he is in the best position now.  He's Good Cop.  He took the Tea Party as far as they will go, the Democrats still obstructed.  He tried.

Now we're going to have to do this thing the Hard Way.

Posted by: AmishDude at July 29, 2011 06:24 AM (T0NGe)

228 choose

Posted by: willow at July 29, 2011 06:25 AM (h+qn8)

229

That's the part that always galls me with the portrayal of dogfood eating seniors mere pennies from death.  Go to any bingo hall or casino and I guarantee you that the median age will be well into the 50s because of all the oldsters.

Yeah, we just built a casino down town because the politicians said it would lower property taxes(it hasn't), and I've only been their once.

Every slot machine was being played by someone older than 65. I was watching my SS and Medicaid taxes being put into the slot machine one quarter at a time.

It's depressing. 

To be fair, while I do think there are older Americans on a fixed income that depend on SS, I think there are far more that can get by without it.

The whole point of SS was to help the people who "fell through the cracks". If that was its only purpose, I can understand that, but it's become a retirement plan and we can't afford to pay for everyones retirement and also have low taxes and dynamic growth.

Posted by: Ben at July 29, 2011 06:25 AM (wuv1c)

230

Posted by: Vic at July 29, 2011 10:23 AM (M9Ie6)

You going to be OK, Vic?

Posted by: Sean Bannion at July 29, 2011 06:25 AM (sbV1u)

231 Re:"Experts"

Don't forget they must largely rely on statistics collected by the government.  Even in those areas where most of their data is generated by non-government entities, it only takes one fugasi input from Obama's drones to wreck an equation.

Posted by: A Balrog of Morgoth at July 29, 2011 06:25 AM (agD4m)

232 10:25 and counting.

Posted by: Retread at July 29, 2011 06:25 AM (G+7cD)

233 I've drawn the conclusion that if you own a Crown Vic, you're either:

We have a Crown Vic. Its the best riding car I have ever had. Also very dependable. Piss on Ford for quit making them.

Posted by: Vic at July 29, 2011 06:25 AM (M9Ie6)

234

Reid: The Senate will act today even if the House doesnÂ’t

-------------

Best news ever. Harry isn't getting a damn thing through the Senate, so have it boys.

Posted by: Rich at July 29, 2011 06:25 AM (wnGI4)

235 Reid: The Senate will act today even if the House doesnÂ’t

Dear Dingy Harry - the House has already acted. You dumb fucks tabled it. Go fuck yourself.

Posted by: Waterhouse at July 29, 2011 06:26 AM (nuGka)

236 Has Reid written His own bill , i had thought i heard that from the tv in the other room

Posted by: willow at July 29, 2011 06:26 AM (h+qn8)

237 Obama's late again. Shocking.

Posted by: JackStraw at July 29, 2011 06:26 AM (TMB3S)

238 Technically, no.  You need negative growth for two consecutive quarters.

However, as we were told at the end of the Bush administration, a "recession" is a flexible definition when a Republican is in office.

Posted by: AmishDude at July 29, 2011 10:19 AM (T0NGe)

OK - negative growth as in REAL negative growth (GDP actually less than previously).

I was thinking negative growth as negative when compared to the previous quarter (ie, 3.2 -> 2.3 -> 2.0 -> 1.4)

See, I've gotten so used to Washington's redefinition of everything, I'm losing sight of the actual definitions.


Posted by: blindside at July 29, 2011 06:27 AM (3Uns6)

239 Huh. Looks like we're shooting for 10:30. Putting practice?

Posted by: joncelli at July 29, 2011 06:27 AM (RD7QR)

240

But who will he give shout outs to?

Posted by: yinzer at July 29, 2011 06:27 AM (/Mla1)

241 August SS and military checks have already been paid/mailed.

Posted by: cherry π at July 29, 2011 06:27 AM (OhYCU)

242 Rich had read my thoughts before I had thought them.

Posted by: willow at July 29, 2011 06:27 AM (h+qn8)

243 Torches! Get your torches!

Posted by: Stateless Infidel at July 29, 2011 06:27 AM (GKQDR)

244

You going to be OK, Vic?

Posted by: Sean Bannion at July 29, 2011 10:25 AM (sbV1u)

Yeah, as soon as I get past the 1.75L of bourbon.

Posted by: Vic at July 29, 2011 06:28 AM (M9Ie6)

245 No but I got some good news. My problem wasn't one of the major "you're ganna die" problems.

Glad to hear it, Vic.

Posted by: Methos at July 29, 2011 06:28 AM (sOXQX)

246 I support the Tea Party reps. F*** Reid. Also, F*** the career Republicans who only care about reelection and are backstabbing the Tea Party members. What part of WE WON in November don't they get? This 'long game' nonsense is as dumb as it gets. Send CCB back to the Senate every single day. Let Obama make a run at the 14th Amendment.

Posted by: Rightwingva at July 29, 2011 06:28 AM (btDMH)

247 Huh. Looks like we're shooting for 10:30. Putting practice?

More likely just rolling out of bed.

Posted by: Waterhouse at July 29, 2011 06:28 AM (nuGka)

248 I bought a Crown Vic at a sherrifs auction for $100, it had 95K miles on it. I put another 75K on it before it died. I nicknamed it sargent Joe Friday. I loved that car.

Posted by: Oldsailor's poet at July 29, 2011 06:28 AM (ZDUD4)

249 I think Harry Reid is a reanimated corpse. Did he die and I missed it?

Posted by: Anonymoose at July 29, 2011 06:29 AM (ZgvjV)

250

Bevel, I see that you are unable to read either, just like charliebrownsdildo.

Shame, there are plenty of English as a 2nd language courses around.

Posted by: Dick_Nixon at July 29, 2011 10:02 AM (kaOJx)

No moron, I got your point.  It was only after someone else commented that I realized your statement could be read as a threat.

My point, however, makes sense in the context of your comment's meaning.  Go back and re-read it.

Posted by: Bevel Lemelisk at July 29, 2011 06:29 AM (FkKjr)

251 Honestly, Obama speaking can only help Boehner. The only thing it might do is rally the hold-outs enough around the idea of just sticking it to that moron  as opposed to sticking it to the slightly less moronic Boehner.

Posted by: Rich at July 29, 2011 06:29 AM (wnGI4)

252 @244

To be fair, Trump did indicate a desire to run, before he made an utter fool of himself and lost any chance of garnering support from sane people.

And, I'm sure the keyboard warrior played a pivotal role in SP's ground-breaking victory on yesterday's internet poll.  So that's something mighty impressive right there. 

Posted by: Y-not at July 29, 2011 06:29 AM (5H6zj)

253 >>I bought a Crown Vic at a sherrifs auction for $100, it had 95K miles on it. Elwood, is that you?

Posted by: JackStraw at July 29, 2011 06:29 AM (TMB3S)

254 257 Huh. Looks like we're shooting for 10:30. Putting practice?

More likely just rolling out of bed.

Posted by: Waterhouse at July 29, 2011 10:28 AM (nuGka)

Nah, extra pile o waffles to destroy

Posted by: Barry 'Jemimah' O at July 29, 2011 06:30 AM (FIDMq)

255

support the Tea Party reps. F*** Reid. Also, F*** the career Republicans who only care about reelection and are backstabbing the Tea Party members.

Actually, from the reports I'm reading, it's not just the freshman tea party republicans holding this deal up, many of them are voting for it, there are apparently a handful of "old guard" republicans voting no too.

I didn't see names though

Posted by: Ben at July 29, 2011 06:30 AM (wuv1c)

256

Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:26 AM (OWjjx)

Is it just me or are all the rabid Tea Partiers completely incoherrent?  Like, you know, in-need-of-medication kind of incoherrent.

All the ones I know are sober as a judge types who have good arguments.

What am I missing here?  Is there something in the water that I know know about? 

Posted by: Sean Bannion at July 29, 2011 06:30 AM (sbV1u)

257 joncelli, He  is always late, A real insult to those always left waiting .

Your time is not valuable to me.
I am more important than anyone here.

Posted by: willow at July 29, 2011 06:30 AM (h+qn8)

258 Glad to hear it, Vic.

Posted by: Methos at July 29, 2011 10:28 AM (sOXQX)

Thanks folks, shittin' blood for a day is no fun. But turned out to be temporary.

Posted by: Vic at July 29, 2011 06:30 AM (M9Ie6)

259 255 I support the Tea Party reps.

Which ones: Romney-endorsing Chaffetz or Allen West? 

Posted by: Y-not at July 29, 2011 06:31 AM (5H6zj)

260 I know TMI

Posted by: Vic at July 29, 2011 06:31 AM (M9Ie6)

261 267, True Rock Stars never take the stage on time.

Posted by: Oldsailor's poet at July 29, 2011 06:31 AM (ZDUD4)

262 Press conference? Shit, I haven't even fired up a bowl yet. Those crackas can wait.

Posted by: Your prez at July 29, 2011 06:31 AM (RD7QR)

263 Obama attacks the Tea Party. Reid attacks the Tea Party. Pelosi attacks the Tea Party. McCain attacks the Tea Party. I feel like I'm in good company. Oh, and Treasury is floating 'possible' depression, if they don't get the blank check. Where have I heard that before? Oh yeah, TARP, Stimulus, auto bail out, etc. Bring on the Depression!

Posted by: Rightwingva at July 29, 2011 06:32 AM (btDMH)

264

The president will be joining us shortly.  Boehner stole his alarm clock.

Posted by: Jay the Carney at July 29, 2011 06:32 AM (/Mla1)

265 272, Mr President, is your bowl glass or Brass?

Posted by: Jake Tapper at July 29, 2011 06:32 AM (ZDUD4)

266 Now for bad news number one. If our credit rating is dropped, that means we're actually going to be paying MORE for interest on the debt, so all of this haggling over "principle" has been counter-productive, to put it charitably.

Posted by: ThePaganTemple at July 29, 2011 10:06 AM (vOG6C)

If the US' credit rating is downgraded, then everyone else in the world's credit rating needs to be re-evaluated and almost all of them dropped, too.  In fact, a drop in the US credit could conceivably swamp other nations (like the credit crisis took down Iceland).

All this talk about downgrading the US is really talk about re-evaluating the security of the whole global financial system, but Moody's started into this not to say anything so grand, but just to back the Indonesian in the beginning of the Kabuki Negotiations.

Posted by: Henry Harold Humphries, you can call me 'H' at July 29, 2011 06:32 AM (lVJ92)

267 Re: post 100, Posted by: phoenixgirl at July 29, 2011 09:46 AM (eOXTH)

I understand what you're aiming at, but the unintended consequence of your policy would be making it almost impossible for anyone over 50 to ever be hired fort a new job, and make it likely they will be fired ASAP. Why? Because by hiring a younger replacement, the employer saves the 6.x % SS tax they pay.

Better to eliminate the tax entirely and pay it out of the general fund. No accounting tricks, no magic numbers.

Posted by: Josef K. at July 29, 2011 06:33 AM (7+pP9)

268 BRB, trying to rattle the market and make my non-plan sound better.

Posted by: Barry the Magnificent at July 29, 2011 06:33 AM (sOXQX)

269 Can't I just eat my peas?

Posted by: King Putt at July 29, 2011 06:33 AM (G+7cD)

270 Reid: The Senate will act today even if the House doesnÂ’t

Spending bills most originate in the House? Constitution? Never heard of it
-Harry Reid

Posted by: The Donkey Show (Will never use HTML under penalty of DOOM) at July 29, 2011 06:34 AM (ijjAe)

271

Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:33 AM (OWjjx)

I guess.  I just thought we were supposed to be the ones grounded in reality.

Posted by: Sean Bannion at July 29, 2011 06:34 AM (sbV1u)

272 2 min warning

Posted by: cherry π at July 29, 2011 06:35 AM (OhYCU)

273 2 minute warning. Release the Krackhead!

Posted by: Anonymoose at July 29, 2011 06:35 AM (ZgvjV)

274 He's 15 minutes late so far. This is just rude.

Posted by: Retread at July 29, 2011 06:35 AM (G+7cD)

275 neeeeew thread

Posted by: cherry π at July 29, 2011 06:35 AM (OhYCU)

276 283, Thanks, my finger is on the OFF button.

Posted by: Jake Tapper at July 29, 2011 06:35 AM (ZDUD4)

277 Has Reid written His own bill , i had thought i heard that from the tv in the other room
Posted by: willow

Gretchen on F&F was saying he had, and that the CBO has already scored it.  I was all WTH?!?  How have I not heard this before?

Posted by: toby928™ at July 29, 2011 06:36 AM (GTbGH)

278 No really, just a smoke and some Doritos and I'll be right there. And, you know, after I putt a bucket of balls. But then right. there.

Posted by: Your prez at July 29, 2011 06:36 AM (RD7QR)

279 The president will be joining us shortly.  Boehner stole his alarm clock.

About that...could someone loan me $230 for an alarm clock?

Posted by: Barry the Magnificent at July 29, 2011 06:37 AM (sOXQX)

280 269 255 I support the Tea Party reps. I dint give a rat's ass who they are supporting in 2012. They are elected to VOTE IN CONGRESS ON THEIR CAMPAIGN PROMISES. Period. If one of them is having a three way right now with Helen Thomas and Pelosi, I don't give a damn, as long as they are doing their best to get us out of financial suicide. Oh, our dear leader is on tv right now. BIPARTISAN YOU BITCHES.

Posted by: Rightwingva at July 29, 2011 06:37 AM (btDMH)

281

No one watches this during the day other than politicos.

So these daily speeches are useless.

Posted by: Ben at July 29, 2011 06:38 AM (wuv1c)

282 Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:26 AM (OWjjx)

I Have held office, I own two of Sarahs books both signed, I contribute a Ton each year, I have ORGANIZED Tea Party rallys and you just opened your ignorant mouth and proved you don't know shit but aren't afraid to tell us what you don't know.

Who are you McCain?

Posted by: Tea Party Proud and Gonna Stay Loud! at July 29, 2011 06:39 AM (vXqv3)

283 Balanced!!!! Social Security!!!! Veterans!!!!! BIPARTISAN. Tweet! SIGNAL WENT OUT TO WHITE HOUSE. oh, damn, it's back.

Posted by: Rightwingva at July 29, 2011 06:42 AM (btDMH)

284 Bachmann's seems more Presidential campaign stunt/

Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:35 AM (OWjjx)

Sorry, but that's just wrong - even as a perception.  Bachmann is one of the only sane congressmen in the bunch.  She said that she would trade a rise int he debt limit for the repeal of ObamaCare.  That is what the Tea party voted the GOP back in to do, not this bullshit with fantasy future cuts and Kabuki negotiations with the most untrustworthy person of bad faith that America has ever seen even close to the White House.

Posted by: Henry Harold Humphries, you can call me 'H' at July 29, 2011 06:43 AM (lVJ92)

285

I'm glad you're OK too Vic.

An underwhelming Presidential address. Might as well have just put him in a cheerleader's skirt and given him a couple of pom-poms.

Posted by: Stateless Infidel at July 29, 2011 06:47 AM (GKQDR)

286 I understand what you're aiming at, but the unintended consequence of your policy would be making it almost impossible for anyone over 50 to ever be hired fort a new job, and make it likely they will be fired ASAP. Why? Because by hiring a younger replacement, the employer saves the 6.x % SS tax they pay.

Better to eliminate the tax entirely and pay it out of the general fund. No accounting tricks, no magic numbers.

Posted by: Josef K.

 

Once again you have foiled me. But we WILL meet again.

Posted by: law of unintended consequences at July 29, 2011 06:47 AM (326rv)

287 And Vic, I am glad to hear you are o.k.

Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:37 AM (OWjjx)

Thanks

Posted by: Vic at July 29, 2011 06:48 AM (M9Ie6)

288 You know, I'd probably vote in that poll if "who gives a shit" was one of the alternatives.

Posted by: Kerry at July 29, 2011 06:48 AM (a/VXa)

289 Posted by: Vic at July 29, 2011 10:28 AM (M9Ie6)

Finally! Some real medicine.

Bourbon will fix all that ails you.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 06:49 AM (LH6ir)

290 Did Bambi's presser start yet?

Is he wearing a golf T-shirt??

Posted by: CoolCzech at July 29, 2011 06:59 AM (kUaEF)

291 Posted by: Mallamutt, RINO President for Life at July 29, 2011 10:46 AM (OWjjx)

Smart move genius! Piss all over the people that brought ya to the dance.
If it weren't for the Tea Party Boehner would still be in minority status and begging for crumbs from the Demrats.
Ya wanna get along and do this deal together fine with me, if ya don't that's fine too cause the RINO REPS are the ones that are goin down not the Tea Party we're here, we're stayin and we aren't sellin off our children to the Entitlement Class.

Posted by: Tea Party Proud and Gonna Stay Loud! at July 29, 2011 06:59 AM (vXqv3)

292 Czech he'll change on the way to the course.

Posted by: Dick_Nixon at July 29, 2011 07:03 AM (kaOJx)

293 people paying in are anyone in the work force who is between the ages of 18 and 50 as of jan 1, 2011...they pay in to it but don't get a dime of it.....they get tax breaks later on....

Posted by: phoenixgirl at July 29, 2011 10:24 AM (eOXTH)

Unfortunately, tax breaks are considered spending, in reality, they lower government tax receipts, so there is a net loss.  Someone is going to have to take a hit, and I suggest everybody - current seniors take a reduction in payment, middle age people pay the same taxes for even lower benefits, and the under 30 crowd pays a slightly lower ss tax in return for no benfits at all.  And, give up on the idea that ss taxes are anything but taxes, just put it all in the income tax.

Posted by: Vashta.Nerada at July 29, 2011 07:03 AM (AKAOY)

294 And I'm a taxpayer and it feels like that double edged sword is being stuck up my ass.
Posted by: Anonymoose at July 29, 2011 10:49 AM (ZgvjV)


Oh Myyyyy!!!!!

Posted by: George Takei at July 29, 2011 07:03 AM (kUaEF)

295 Finally! Some real medicine.

Bourbon will fix all that ails you.

Yeah fixed everything. But I feel lost. Still catching up on everything this morning.

I did wake up though this morning on the front porch with the neighbor's little kitten in my lap with a plastic glass of bourbon in my right hand.

What woke me up was neighbor's little girl came over looking for her kitty.

Posted by: Vic at July 29, 2011 07:04 AM (M9Ie6)

296 Ah yes, the boomers. The cocksuckers who had no respect for tradition or their elders. The assholes that said don't trust anyone over thirty. I told those hippie motherfuckers back in the 60's and 70's that it wasn't a good long term strategy as they themselves would one day be old. And now they want everyone to honor an intergenerational contract. Fuck 'em. And I'm one of them.

Posted by: PR at July 29, 2011 07:04 AM (Iyq1N)

297 Must be a sock, nobody is that stupid.

Posted by: Vic at July 29, 2011 07:06 AM (M9Ie6)

298 Posted by: Vic at July 29, 2011 11:04 AM (M9Ie6)

That comment is what is called a "target rich environment," but I'm not touching it.

As for what is going on? Obama is still an unrepentant leftist hell-bent on the destruction of America.

Posted by: CharlieBrown'sDildo (NJConservative) at July 29, 2011 07:07 AM (LH6ir)

299 As for what is going on? Obama is still an unrepentant leftist hell-bent on the destruction of America.

So nothing is changed for today. I think I am going to refrain from the debate on DOOM today. I was in good mood when I passed out.

Or at least I think so.

Posted by: Vic at July 29, 2011 07:11 AM (M9Ie6)

300

Jesus, anyone go to the WaPo and read the comments on Samuelson's piece?  All he did was give the facts, and they are attacking him like zombies.  One of them actually said "wah, I worked so hard all my life, I deserve to have all you live in povbersty so I can enjoy my gols and my travel arund the world."  This generation has become so entitled that they don't even think Social Secuirty is about staving off poverty for old folks, it is supposed to GUARANTEE then a fun-filled retirement!  Because they deserve it! 

We are so fucked.  These goddamn Baby Boomers have run this country right into the ditch.  They are gonna demand their goodies and they will not care how ruinous it is for their kids and grandkids. 

I am counseling my two teeanage children to be prepared; in 10 years, or maybe even less, they will have to throw us under the bus if they want America to survive.  This revolution will make the 60s look like pattycake. 

Posted by: rockmom at July 29, 2011 07:30 AM (lSyyU)

301

 Nope. Someone else can apologize to their kids about Social Security. I didn't do anything wrong. Gimme back what the government took out of my check at the end of a gun for forty years, *then* you can cut me off. Being re-paid a 'loan' is not a 'benefit' or an 'entitlement'. Tell your local bank that the money thwy lent to you is an 'entitlement' and a 'benefit' that you won't be able to pay back. See how far that gets ya...

 btw, I want that loan to be re-pad in untaxable, inflation adjusted, gold backed currency. Pay up and then 'cut off' my 'entitlement.'

 Once agan, the right buys into the left's narrative and spreads it for them... (You're spreading enemy propaganda, and that's a good thing?? W.T.F. is wrong with you people? Does your head hurt? 'Cause you sure ain't thinkin'.)

 The government wants to renege on that loan? Fine and dandy. Then, level the playing field. To gnerate an income stream, I'll have to start a business from my home, and I need to leeway to do that...so, neighborhood associations, taxes, government departments, regulations and laws, fees, permits and other crap that interferes with my posperity - and my private life - need to be slashed and/or eliminated. Smaller government. That's a good thing.

 But play fair. If I take a hit, everyone takes a hit. None of this 'shared sacrifice' crap that screws me while letting everyone else off the hook.

Posted by: Warren Bonesteel at July 29, 2011 08:15 AM (E7Z1r)

302 If you murdered everyone over 62 this afternoon and seized their wealth, it wouldn't keep you solvent through the decade. You wouldn't be able to make the payments on your "college" "loans."

Only about 5% of these so-called Boomers have signed up for SS, and have only been drawing funds for a year or so. The rest of your intended victims are from a generation you're going to look silly fucking with, lad.

But bring it, by all means. They outnumber you at least 3 to 1, and you're always on about how batshit crazy they are. Come on and find out. You--raised on Big Bird, Big Wheels and Big Macs--ain't got the sack for it.  http://tinyurl.com/3nu3wkm




 

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