January 02, 2013
— Ace Autocratic for the people.
From @benk84's linkdump:
In his remarks Tuesday, Obama issued a stern forewarning on the upcoming debates, and reiterated that he will not negotiate with Republicans over the debt ceiling."As I've demonstrated throughout the past several weeks, I am very open to compromise," he said. "But we cannot simply cut our way to prosperity."
"While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills they have already racked up," Obama said. "We can not not pay bills that we have already incurred."
He's very open to compromise, but will not consider things he refuses to consider.
And:
Immediately following the remarks, Obama left the White House to return to Hawaii, where his family is still on vacation.
Well he's certainly earned it.
Posted by: Ace at
07:55 AM
| Comments (209)
Post contains 161 words, total size 1 kb.
Posted by: red speck at January 02, 2013 07:56 AM (9/Ug/)
Obama issued a stern forewarning on the upcoming debates, and reiterated that he will not negotiate with Republicans over the debt ceiling.
Maybe we can put things on lay-away.
Posted by: Jay Guevara at January 02, 2013 07:56 AM (4u2LN)
Posted by: fromabroad at January 02, 2013 07:58 AM (rnV3B)
It's the only way to be sure.
I nominate that thing from the Cloverfield flick.
Posted by: Kinley Ardal at January 02, 2013 07:58 AM (pcaFm)
Posted by: EC at January 02, 2013 07:58 AM (GQ8sn)
Posted by: Captain Hate (dagny 2013 return tour?) at January 02, 2013 07:58 AM (J11mV)
Posted by: Fourth Virginia at January 02, 2013 07:58 AM (wbmaj)
Posted by: Waterhouse at January 02, 2013 07:59 AM (S/WR4)
Posted by: Sassy at January 02, 2013 07:59 AM (lhBr9)
But we can tax our way to prosperity?
It's not just an observation. It's a law of nature. It's Obama's Law -- Whatever Obama says, the exact opposite is true.
From this we can conclude: "We can simply cut our way to prosperity.
Posted by: Phinn at January 02, 2013 08:00 AM (oFH2D)
Posted by: Olaf at January 02, 2013 08:00 AM (t1NLo)
Posted by: LizLem at January 02, 2013 08:00 AM (8wqqE)
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 08:00 AM (8y9MW)
Posted by: Count de Monet at January 02, 2013 08:01 AM (BAS5M)
Why would he? It's not like the GOP has the stones to call his bluff so why negotiate? I mean seriously I can't blame him for being a dick at this point. We fold every time he goes all in. If we are NEVER going to call that bet then we are guaranteed to lose.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 08:01 AM (0q2P7)
Posted by: Vic at January 02, 2013 08:02 AM (53z96)
Posted by: shillelagh at January 02, 2013 08:02 AM (hRzu2)
If TFG left without signing the bill (assuming he doesn't auto-pen it again), has he just pocket vetoed his own "grand bargain?"
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 08:02 AM (8y9MW)
Posted by: Your Moron pal, Truman North at January 02, 2013 08:02 AM (I2LwF)
Posted by: Clemenza at January 02, 2013 08:02 AM (Q8Pu5)
Posted by: Jane D'oh at January 02, 2013 08:03 AM (UOM48)
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 12:02 PM (8y9MW)
The Air Force will fly it to Hawaii for the SCOAMF to sign.
Posted by: joncelli at January 02, 2013 08:03 AM (RD7QR)
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 08:03 AM (8y9MW)
You have to remember who "we" is.
In Obama World, "we" is "people who are on the receiving end of taxpayer money."
So, yes, cutting = less money for "we."
Posted by: Phinn at January 02, 2013 08:04 AM (oFH2D)
Posted by: Your Moron pal, Truman North at January 02, 2013 08:04 AM (8VOgB)
Posted by: RWC at January 02, 2013 08:04 AM (fWAjv)
Yup. Congress will end session. In the absence of a signature within the veto period the bill dies.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 08:04 AM (0q2P7)
Vote for "conservative " of the year:
A. John (Cokie) Roberts
B. Mitt (Hide-n-Seek) Romney
C. Paul (Gee, Wally) Ryan
D. Rick (Fashion Statement) Santorum
E. Write-in
Posted by: Fourth Virginia at January 02, 2013 08:04 AM (wbmaj)
Free Speech is for winners!
Check out #30, Olaf.
Posted by: fluffy at January 02, 2013 08:04 AM (z9HTb)
Posted by: Clemenza at January 02, 2013 08:05 AM (Q8Pu5)
Posted by: Carl Showalter at January 02, 2013 08:05 AM (e0xKF)
Hehehehe.
Okay, that's just funny.
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 08:05 AM (8y9MW)
Posted by: Your Moron pal, Truman North at January 02, 2013 08:05 AM (I2LwF)
Posted by: L. Skywalker at January 02, 2013 08:05 AM (0JB89)
Happy new year, one and all!
Posted by: Olaf at January 02, 2013 12:00 PM (t1NLo)
Are you saying Obama can claim a nearly dictatorial mandate because of his landslide victory over Mitt Romney? As it happens, Obama didn't enjoy a landslide victory over Romney. So no, sorry. Reagan could claim a mandate. Not your guy.
Posted by: troyriser at January 02, 2013 08:06 AM (vtiE6)
Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at January 02, 2013 08:06 AM (8y9MW)
Posted by: Sassy at January 02, 2013 08:06 AM (lhBr9)
Posted by: hannitys_hybrid at January 02, 2013 08:06 AM (zpqa2)
"But we cannot simply cut our way to prosperity."
---
The 'we' is of course the government, not the citizens of the nation.
Posted by: Buzzsaw90 at January 02, 2013 08:07 AM (SO2Q8)
Posted by: Empire of Jeff at January 02, 2013 08:07 AM (4uh3z)
The Air Force will fly it to Hawaii for the SCOAMF to sign.
I'll take "What is Email" for $1,000, Alex.
Posted by: Vizzini [/i] at January 02, 2013 08:07 AM (O7Q1u)
I'm speechless. The only words that come to mind have four letters.
Posted by: red speck at January 02, 2013 11:56 AM (9/Ug/)"
True enough, but I don't think any of Obama's "budgets" have garnered a single vote, so technically it has been Congress' fault.
Posted by: BS Inc. at January 02, 2013 08:07 AM (eP0u9)
And he knows it and he's laughing his ass off.
Posted by: eleven at January 02, 2013 08:08 AM (KXm42)
Posted by: kpayne at January 02, 2013 08:09 AM (CR7hx)
Posted by: Woody Allen at January 02, 2013 08:09 AM (z63Tr)
But SCOAMF doesn't need to come off vacation to sign. Remember me?
Posted by: AutoPen at January 02, 2013 08:09 AM (ZKzrr)
Posted by: eman at January 02, 2013 08:09 AM (EWsrI)
Posted by: CUS at January 02, 2013 08:09 AM (84pE9)
Posted by: Gaear Grimsrud at January 02, 2013 08:10 AM (e0xKF)
Posted by: hannitys_hybrid at January 02, 2013 08:10 AM (zpqa2)
I just got back from a week at Disney with the better half and the progeny. It was better than being at the in-laws, but damn the old people on the mobility scooters were rude. And what is it about Florida having worse drivers than NY drivers. I didn't think it was possible.
Posted by: Penfold at January 02, 2013 08:11 AM (Fbt5B)
Barky clamored for the Stimuseless (who can forget his brilliant opining that all spending is stimulative?) which has now become permanent spending, so, yes, it's also his fault.
BTW, how's that socialist mop working out for ya, Barry, you innumerate fuck?
Posted by: Waterhouse at January 02, 2013 08:11 AM (S/WR4)
Posted by: Rich at January 02, 2013 08:11 AM (Aq251)
Posted by: beach after holiday doldrums at January 02, 2013 08:11 AM (LpQbZ)
Posted by: Teh Pacific Ocean at January 02, 2013 08:11 AM (UOM48)
He'll take two hours and 77 souvenir purple pens.
I love how he draws little hearts and flowers in the As, don't you?
Posted by: HeatherRadish™ needs a beer at January 02, 2013 08:11 AM (ZKzrr)
Posted by: SpongeBob Saget at January 02, 2013 08:11 AM (epxV4)
I tend to think the latter. I don't think that they in their wildest dreams imagined news organizations by and large siding with tyranny when they had been so instrumental in their time of opposing it.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 08:12 AM (0q2P7)
It will be a powerful point when Barry blathers about cuts alone. Boehner, Ryan and the rest will be very outspoken about the ratio of cuts to taxes in the just-completed deal.
Posted by: pep at January 02, 2013 08:12 AM (USJNU)
Posted by: Olaf at January 02, 2013 12:00 PM (t1NLo)
When have the donks let losing an election impact their agenda?
Posted by: Captain Hate (dagny 2013 return tour?) at January 02, 2013 08:12 AM (J11mV)
I just got back from a week at Disney with the better half and the progeny. It was better than being at the in-laws, but damn the old people on the mobility scooters were rude. And what is it about Florida having worse drivers than NY drivers. I didn't think it was possible.
Shit dude. Where do you think the shitty NY drivers go when they get old and even stupider? Not to fucking Canada I'll wager.
Posted by: maddogg at January 02, 2013 08:12 AM (OlN4e)
Posted by: sukie tawdry at January 02, 2013 08:13 AM (MPtFW)
Posted by: Michelleisacrackwhore at January 02, 2013 08:13 AM (qBLA2)
You cut the stimulus and 10% discretionary spending and you have a GOD DAMNED BALANCED BUDGET.
Couple that with the known fact that when you cut taxes receipts to the federal government go up and you might even have a goddamned surplus.
FOOLS!!!!
Posted by: General Woundwort at January 02, 2013 08:14 AM (RrD4h)
It should be $385. And if you just cut down on panda, that'll cover the $385 easily.
Posted by: andycanuck at January 02, 2013 08:14 AM (jPVBi)
I just love how TFG is now prepositioning himself on the debt ceiling. 'He won't negotiate for paying for stuff that Congress has already agreed to do'.
They play for yards and we play for inches. Expect that particular argument to be made ad nauseam by the whole Progressive crew (yes that includes the MFM) right up until the vote.
Oh, and expect the ceiling to be thrown in with extending the budget 'continuing resolution', due to expire at the end of March. This is the fantasy budget that Dingy Reid refers to as 'we did pass a budget'.
Posted by: GnuBreed at January 02, 2013 08:14 AM (ccXZP)
Guess what? They're NY drivers.
Posted by: AmishDude at January 02, 2013 08:14 AM (T0NGe)
I think the thing that the Founders would find most disappointing and offensive is the devolution of the press into a propaganda arm for one political party. They envisioned a strong free press fearlessly reporting the truth and debating big ideas. We now have a press that massages and manages the news and breathlessly reports the antics of Lohan and the Kardashians to distract everyone from the big problems.
Posted by: Sherry McEvil, Wily Wrepublican Wench at January 02, 2013 08:14 AM (kXoT0)
Posted by: Jane D'oh at January 02, 2013 08:15 AM (UOM48)
I'm not sure who is more damaging to the country....Obama or fools on our side who think Boehner is winning these battles.
Posted by: Mr. Moo Moo at January 02, 2013 08:15 AM (HDgX3)
Did it, If the votes are any indication, he's toast.Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 08:15 AM (l86i3)
Posted by: Cricket at January 02, 2013 08:16 AM (DrC22)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 12:15 PM (l86i3)
Yep.
Posted by: Jane D'oh at January 02, 2013 08:16 AM (UOM48)
Don't tease.Posted by: BCochran1981 at January 02, 2013 08:16 AM (IvVLN)
Posted by: Rich at January 02, 2013 08:16 AM (Aq251)
Obama to media lapdogs (and the rest of us): "It smells like ...victory."
Posted by: Fourth Virginia at January 02, 2013 08:16 AM (wbmaj)
Finally - a sentence in an Obama speech without the word "I."
Posted by: Keith Arnold at January 02, 2013 08:17 AM (n4EDK)
Posted by: FL blue hair - former NY resident at January 02, 2013 08:17 AM (0JB89)
NYE they had Ari Velshi screaming that the Debt Ceiling was antiquated. I understand the philosophical point of tying it to legislation (i.e. if you're going to pass a bill that raises the debt by X amount that bill automatically raises the debt ceiling.)
I think you could make the argument that it should be that way (so we have to actually fight about the spending, not this nebulous debt ceiling. Maybe people would take it seriously then.)
But then Velshi went off the rails saying "the US can't default, we'll just print more money!" (Yes, he said it, basically like that.)
Inflation, how does that work economics "expert"
Posted by: tsrblke (work) at January 02, 2013 08:17 AM (4F5x1)
Posted by: AutoPen at January 02, 2013 12:09 PM
You seem vaguely familiar.
Posted by: presidential letters of condolence to KIAs at January 02, 2013 08:17 AM (jPVBi)
Yeah, dude, because it's going to be a different Congress.
Posted by: Nicholas Kronos at January 02, 2013 08:18 AM (syNsT)
Posted by: beach after holiday doldrums at January 02, 2013 08:18 AM (LpQbZ)
I don't know...I don't like the way this country is headed, but I sure love this Obama fellow!
Posted by: Americans Who Hate the Direction the country is going in at January 02, 2013 08:18 AM (ZWaLo)
Posted by: Fourth Virginia at January 02, 2013 08:18 AM (wbmaj)
How can anyone here disagree with him? He has the Speaker of the House, Baby Wetsalot, by the balls. Boehner and Mitchell have given him everything he asked for.
Remember: THEY came to him with the bill to sign. THEY came to him saying "here, we want to spend this money."
So how is he wrong? They said "we want to borrow $3.9T in debt." All he's asking them to do is pave the way.
Boehner and Mitchell are pigs; Obama wins. Next.
Posted by: RobM1981 at January 02, 2013 08:18 AM (4WC+3)
That's not all Beck has borrowed -- if recent reports are at all accurate.
Me, I've taken to calling Obama "Rosemary's Baby". (And sometimes, Stanley Ann's Little Mistake.)
Posted by: Minnie Rodent (occasionally) at January 02, 2013 08:18 AM (S3rrR)
Posted by: Penfold at January 02, 2013 08:19 AM (Fbt5B)
Posted by: beach after holiday doldrums at January 02, 2013 08:19 AM (LpQbZ)
Posted by: Chi-Town Jerry at January 02, 2013 08:19 AM (f9c2L)
I was expecting Rush back today.
It's hard to contain my disappointment.
I'd prefer more Mark Steyn. He came close to calling TFG "worthless" or something on Friday, and just caught himself. I nearly drove into a tree.
Posted by: Jane D'oh at January 02, 2013 08:19 AM (UOM48)
----
Wanna bet...... hold my beer..... watch THIS swan dive.
Posted by: THE DOLLAR at January 02, 2013 08:19 AM (nELVU)
Posted by: hannitys_hybrid at January 02, 2013 08:20 AM (zpqa2)
We've got a college team desperately trying to run a triple option against an NFL team running the spread. We've been outscored 35 to 3......this quarter.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 08:20 AM (0q2P7)
Honestly, I thought the essence of a democratic republic was negotiation.
Posted by: marcus at January 02, 2013 08:20 AM (GGCsk)
I wonder how Boehner toast will go with my panda preserves? Nah. Probably too expensive.
Posted by: andycanuck at January 02, 2013 08:20 AM (jPVBi)
"Mandatory" (entitlement) spending is roughly 2/3 of the budget. Discretionary spending is about 1/3.
The annual budget (to the extent one exists) is about $3 trillion. You'd need to cut approximately 100% of the discretionary budget to reach a balanced budget given the amount of tax revenue being collected.
This is why entitlement reform- the least popular form of spending cut- is so necessary. Discretionary cuts only delay the inevitable.
Posted by: Hollowpoint at January 02, 2013 08:20 AM (SY2Kh)
But you forgot to add in the magic money tree in the back yard!
Posted by: Paladin at January 02, 2013 08:20 AM (ycm4Q)
They were out for a night on the town in Manhattan.
Do bars in Manhattan now take EBT?
Posted by: PJ at January 02, 2013 08:21 AM (ZWaLo)
Posted by: Sherry McEvil, Wily Wrepublican Wench at January 02, 2013 12:14 PM (kXoT0)
I disagree on your first points (if they could've envisioned an electorate giving any attention to Lohan and Kardashian it would've been an early Jonestown); the press at the time was mainly a bunch of pamphlets by anybody able to get their mitts on a small printing device. They were a bunch of scandal sheets that would print extremely biased shit with only an occasional regard for objectivity. That's why they never added a "shield law" which the MFM has been lusting for like Slick around young cooter; they knew that the press could be a bunch of turds that would sell the country out for a hit of blow.
Posted by: Captain Hate (dagny 2013 return tour?) at January 02, 2013 08:21 AM (J11mV)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 12:15 PM (l86i3)
______________
Pffft. Only right wing nutjob tea baggers read Drudge. The intelligent set voted 99-1 to keep Boehner.
Posted by: Republican Elite at January 02, 2013 08:21 AM (HDgX3)
I can't wait for the day I can use change from buying a loaf of bread to pay off my mortgage. Good times ahead I tell ya.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 08:21 AM (0q2P7)
Honestly, I thought the essence of a democratic republic was negotiation.
Posted by: marcus at January 02, 2013 12:20 PM (GGCsk
Some of my subjects call me Barack the Great, but you can call me Messiah.
Posted by: King Baracka Choom at January 02, 2013 08:21 AM (UOM48)
Posted by: beach after holiday doldrums at January 02, 2013 08:21 AM (LpQbZ)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 08:22 AM (l86i3)
It will be a powerful point when Barry blathers about cuts alone. Boehner, Ryan and the rest will be very outspoken about the ratio of cuts to taxes in the just-completed deal.
Posted by: pep at January 02, 2013 12:12 PM (USJNU)"
The Left's counter-rhetoric will be that the GOP has poisoned the well on the value of government programs and people don't want to pay taxes only because they don't understand the value of what they get for that money.
To which the reasonable response should be "Mr. and Mrs. Taxpayer, if you would rather pay an extra $2,000 more in taxes this year than take your kids on vacation this summer, vote for the Democrats so they can take that $2,000 and spend it in the ways they choose". At some point, it really does become a choice between having all of the money you make automatically earmarked for spending in ways the bureaucrats in DC want or making your own decisions on what you want to spend the fruits of your labor on. It doesn't really get much more complex than that.
Posted by: BS Inc. at January 02, 2013 08:22 AM (eP0u9)
Marco Rubio and Tom Cotton at least would have stayed in town to sign the bill.
Suck it honkies!!!
Posted by: Prescient11 at January 02, 2013 08:22 AM (tVTLU)
We're doomed.
Posted by: BeckoningChasm at January 02, 2013 08:23 AM (DuH+r)
Will we have a new speaker willing to shut the government down???
Posted by: phreshone at January 02, 2013 08:23 AM (0SXI6)
Last time I checked, the bars in NYC don't take welfare debit cards. But maybe I don't go to the right clubs. I know the Irish pub next to my office does not take them, they prefer cash.
Posted by: Penfold at January 02, 2013 08:23 AM (Fbt5B)
That twit doesn't have two brain cells rattling around in that air head.
At MSDNC that's called "job security."
Posted by: Jane D'oh at January 02, 2013 08:24 AM (UOM48)
Either the president is engaging in empty sloganeering, or he is a very sloppy thinker.
1) The first two sentences are about fairness. But what is fair? The president is obviously referring to his own prescriptions for fairness.
2) The last two sentences assert that what is most fair in the president's judgment will also be the very thing that makes the economy grow the most.
But why would that be? First of all, even if the president were right about what is truly fair, why would it logically follow that this would necessarily be the best thing for the economy? He offers no proof, and I don't believe he ever has, or ever will, or ever could.
So, does the president speak so dull-wittingly because he believes we are dull-witted, or because he in fact is such a shallow thinker?
Or is there a third option?
Posted by: edj[/i] at January 02, 2013 08:24 AM (+QKfp)
This guy--The Bamster--is full of more crap than your average constipated buffalo.
I can not stop myself from saying Screw you Obama--what a dipshit you are. Debate on that particular verdict is absolutely closed. He is a prevaricating pious putz mouthing platitudes cribbed from some third rate management leadership syllabus. He knows the words, but can't carry the tune.
Posted by: Comanche Voter at January 02, 2013 08:24 AM (oe1aw)
Posted by: PJ at January 02, 2013 12:21 PM (ZWaLo)"
No, but the little cash they do have they don't have to spend on stuff the EBT does cover, so they can take that to the bars. Alternate explanation is that if they were hot, they won't be paying for anything at the bars anyway.
Posted by: BS Inc. at January 02, 2013 08:24 AM (eP0u9)
Posted by: Tyrone Velvet, proprietor, Tyrone's coin operated glory hole and transgendered chicken shack bar an at January 02, 2013 08:25 AM (l86i3)
Posted by: Brandon In Baton Rouge at January 02, 2013 08:25 AM (e0xKF)
credit where credit is due, as seen by the MFM
Posted by: Wally in Walla Walla at January 02, 2013 08:25 AM (Dll6b)
Posted by: Penfold at January 02, 2013 12:11 PM (Fbt5B)
Most of those "Florida drivers" are actually tourists from your state in rental cars with Florida tags. The rest are snowbirds from the Northeast who have set up residence here so they don't have to pay their state income taxes.
Posted by: Minnie Rodent (occasionally) at January 02, 2013 08:26 AM (S3rrR)
This is a reference to a lefty lie they've been pushing for a while now. Expect to see more of it soon.
Democrats are trying to portray the debt limit not as a limit on debt, but as a limit on the amount of debt obligations that that can be repaid. They want people to believe that increasing the debt limit is merely authorization to pay off debt already incurred.
They do this by assuming that unspent but budgeted money is effectively spent- that it represents debt incurred already, even if not yet spent.
Posted by: Hollowpoint at January 02, 2013 08:26 AM (SY2Kh)
Posted by: Tyrone Velvet, proprietor, Tyrone's coin operated glory hole and transgendered chicken shack bar an at January 02, 2013 08:27 AM (l86i3)
Posted by: RWC at January 02, 2013 08:27 AM (fWAjv)
Posted by: Da' Boner at January 02, 2013 08:27 AM (FcR7P)
Posted by: Brandon In Baton Rouge at January 02, 2013 08:27 AM (e0xKF)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 08:28 AM (l86i3)
Brownouts are for the serfs. Pyongyang always has juice.
I'm still rooting for MRSA.
Posted by: HeatherRadish™ needs a beer at January 02, 2013 08:28 AM (ZKzrr)
Posted by: phreshone at January 02, 2013 08:28 AM (0SXI6)
Will we have a new speaker willing to shut the government down???
Posted by: phreshone at January 02, 2013 12:23 PM (0SXI6)
__________________
What Obamacare tax increases on their first check exactly?
Unless you make $250K+ a year there will be none.
Obamacare is a nightmare as it is. No need to make shit up about it. There are no income taxes related to Obamacare other than the increased Medicare tax on income above $250K. For the 98% of people who don't make $250K+ this is a non issue.
Posted by: Mr. Moo Moo at January 02, 2013 08:29 AM (HDgX3)
Posted by: toby928© for TB at January 02, 2013 08:29 AM (QupBk)
He's right about that.
Cutting spending is necessary, just not sufficient.
Its apparently also not particularly "easy" since nobody seems to be able to get it done.
Posted by: looking closely at January 02, 2013 08:29 AM (6Q9g2)
Posted by: rickb223 at January 02, 2013 08:29 AM (GFM2b)
Posted by: phreshone at January 02, 2013 12:28 PM (0SXI6)
_________________
Markets up 1%. Inflation up 2%.
What a great day!!
Posted by: Mr. Moo Moo at January 02, 2013 08:29 AM (HDgX3)
Posted by: Rebel Yell at January 02, 2013 08:30 AM (Bv9qa)
Posted by: MikeTheMoose is Shrugging at January 02, 2013 12:21 PM (0q2P7)
It's a good time to be in debt and a bad time to be a saver.
So on the balance, I guess I'm doing OK. (I've got my emergency fund, but also a new mortgage and my student loan debt.)
When Hyperinflation sets in, as long as I can keep my income roughly at inflation (that's the hard part I suppose.) I should be able to pay off my mortgage early (assuming things rise roughly equally on average the only thing that won't go up in my mortgage cost.)
The wife and I sat down on NYE to discuss having children. (Anonymous Internet moron friends, keep you mouths shut, we didn't tell anyone our plans.) There were 99 economical reasons to keep putting it off, but we settled on "You know what, playing the game conservatively (watching our budget, not having credit cards until the age of 25 and paying them down every month, saving 10% of income/month or so) has gotten us nothing but heartburn. While people who flaunt the system (giant ass mortgages) are getting ahead.
So fuck the economic analysis. Let's jump in feet first and just swim our way out on this one.
Posted by: tsrblke (work) at January 02, 2013 08:30 AM (4F5x1)
Posted by: Brandon In Baton Rouge at January 02, 2013 08:30 AM (e0xKF)
Happy new year, one and all!
Posted by: Olaf at January 02, 2013 12:00 PM (t1NLo)
What part of, you're a dumbfuck, don't you understand?
Posted by: TheQuietMan at January 02, 2013 08:30 AM (1Jaio)
When this is your best argument, you've lost the debate, at least among rational people.
Most of the unfunded debt is either linked to inflation (SS payments) or tied to fee-for-service (Medicare and Medicaid), so "printing more money" does nothing with regard to the bulk of the debt. You think doctors are going to let themselves be paid in dollars that lose value by the minute? No, they'll stop taking Medicare and Medicaid patients.
Not only that, but even for the parts of the debt that can be inflated away to some extent, you can only do that once. Even then, most of that debt is held by US citizens, although the proportion of foreign holdings is growing, so that you are screwing your own citizens for what purpose? What happens after you communicate that intention to the market and then can't borrow on favorable terms for a generation? Are the people in DC suddenly going to get fiscal responsibility religion then?
Posted by: BS Inc. at January 02, 2013 08:31 AM (eP0u9)
Fine let's go with the "Obama Care Fees" (and make no mistake the increased fees on things like Medical devices might as well be a tax.)
Posted by: tsrblke (work) at January 02, 2013 08:31 AM (4F5x1)
If you wait for the 'perfect' time to have kids, then you don't have kids, plus it doesn't get easier to have them as you get older.
Don't make that mistake. People a lot poorer and less responsible than yourself managed to do OK with kids.
Posted by: looking closely at January 02, 2013 08:32 AM (6Q9g2)
Then he figured out that it was a sticking point, and that he could just demagogue it to death like he has done so many other times on so many things.
The thing is, will the GOP wilt again in the face of negative press and the constant harping (including a big dose in the SOTU address)?
Sadly, I think I know the answer to this one too.
Posted by: GnuBreed at January 02, 2013 08:33 AM (ccXZP)
To the left, the fact that some people make much more money than others isn't "fair". You see, they only got rich by being lucky, through the benevolence of the federal government, and exploitation.
They didn't build that, you know.
They view wealth and income as a piece of a finite pie. If the wealthy had less, there would be more wealth an income available for the poor. It's and absurd, economically illiterate worldview, yet it's one of their core principles.
Posted by: Hollowpoint at January 02, 2013 08:34 AM (SY2Kh)
Posted by: David Gregory at January 02, 2013 08:34 AM (SO2Q8)
Posted by: JPS at January 02, 2013 08:34 AM (yv7DK)
"When this is your best argument, you've lost the debate, at least among rational people."
Haven't you heard? Those people are now irrelevant. Rational people are not born, they learn. From pain.
Posted by: hannitys_hybrid at January 02, 2013 08:34 AM (zpqa2)
Posted by: tsrblke (work) at January 02, 2013 12:31 PM (4F5x1)
_________________
Fine. But don't mix up these taxes with income taxes related to paychecks. The average person has no clue about the medical device tax. Telling him your taxes are going up because the MRI machine now has a $80K tax on it, means nothing to him.
This is what the right always does. We talk about shit that the low info voter has no idea about and worse, muddy the waters. You tell him, Obama raised your taxes for Obamacare. Then he gets his paycheck and it's teh same as always and he thinks, WTF are these Republicans talking about, there are no tax increases.
Posted by: Mr. Moo Moo at January 02, 2013 08:34 AM (HDgX3)
Now we have 5 news services on TV and three publishing companies that own ALL the papers. And every damn one of them are nothing more than PR services for Democrats and the Choom King.
Posted by: Vic at January 02, 2013 08:35 AM (53z96)
Posted by: rickb223 at January 02, 2013 08:35 AM (GFM2b)
Posted by: t-bird at January 02, 2013 08:35 AM (FcR7P)
But Mr Moo Moo:
Taxes in paychecks are going up for Joe Blo, trust me, they will see that. SS taxes going back up to normal rates.
Posted by: Prescient11 at January 02, 2013 08:36 AM (tVTLU)
The wife and I sat down on NYE to discuss having children. (Anonymous Internet moron friends, keep you mouths shut, we didn't tell anyone our plans.) There were 99 economical reasons to keep putting it off, but we settled on "You know what, playing the game conservatively (watching our budget, not having credit cards until the age of 25 and paying them down every month, saving 10% of income/month or so) has gotten us nothing but heartburn. While people who flaunt the system (giant ass mortgages) are getting ahead.So fuck the economic analysis. Let's jump in feet first and just swim our way out on this one.
Posted by: tsrblke (work) at January 02, 2013 12:30 PM (4F5x1)
______________________________
If there is 1 lesson this election should have taught everyone it's... DO NOT LIVE RESPONSIBLY. People who do get fucked in the end. People who live irresponsibly get rewarded.
Go out and max the credit cards. Get a mortgage you can't afford. In the end you'll get bailed out one way or another.
Posted by: Mr. Moo Moo at January 02, 2013 08:36 AM (HDgX3)
We've got a college team desperately trying to run a triple option against an NFL team running the spread. We've been outscored 35 to 3......this quarter.
---
Can we interview your coach?
Posted by: Philadelphia Eages at January 02, 2013 08:36 AM (SO2Q8)
The GOP needs to push back on his comment.....today.
What do they want in return for a ceiling increase? I'd say a bare minimum is a Budget passed by both houses and signed by the President.
Posted by: WisRich at January 02, 2013 08:37 AM (hdpay)
Posted by: 47% at January 02, 2013 08:37 AM (SO2Q8)
He's not going to debate the debt ceiling because he's currently mining platinum for a trillion dollar coin.
Posted by: Uncle Milty at January 02, 2013 08:37 AM (YsFN3)
Taxes in paychecks are going up for Joe Blo, trust me, they will see that. SS taxes going back up to normal rates.
Posted by: Prescient11 at January 02, 2013 12:36 PM (tVTLU)
____________
Yes. And this has nothing to do with Obamacare. That's my point.
And I'm glad SS tax is going back to 6.2%. The 47% who pay no income tax all pay SS tax. I want them to pay more.
Posted by: Mr. Moo Moo at January 02, 2013 08:37 AM (HDgX3)
Its also, by the way, not a "good" way to die.
Posted by: looking closely at January 02, 2013 08:38 AM (6Q9g2)
Barry knows that no matter what happens the MFM will hail him as the big hero and the Republicans as the villains. Barry could have stayed in Hawaii and beat off to kiddy porn all day and the MFM would have said that he saved the country from the fiscal cliff
Posted by: TheQuietMan at January 02, 2013 08:38 AM (1Jaio)
Posted by: Phinn at January 02, 2013 08:39 AM (oFH2D)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 08:40 AM (l86i3)
Today's dumbed-down society doesn't want or need to know what the founders' society did. We've been TOO successful.
Posted by: hannitys_hybrid at January 02, 2013 08:40 AM (zpqa2)
Posted by: t-bird at January 02, 2013 08:42 AM (FcR7P)
This is the problem though. The new way to increase taxes is to hide them in corporate taxes and "the rich." Thus masking the cost from the average Joe Blow.
(Also there was IIRC an "investment tax" in Obama Care, I'm not sure how that will play out with 401Ks (and similar plans.)
But that might effect Joe Blow.
Posted by: tsrblke (work) at January 02, 2013 08:43 AM (4F5x1)
Posted by: Oldsailors Poet, aka Jack July author of Amy Lynn available on Amazon. at January 02, 2013 08:44 AM (l86i3)
Posted by: OregonMuse at January 02, 2013 08:47 AM (9GaPd)
I've got a bad feeling about this...Tea-Party Conservatives vote for somebody else, RINO's go for the Boner, All the Donk's rally around Nancy....BAM! She's Back in the driver's seat!
Posted by: Paladin at January 02, 2013 08:48 AM (bxc5w)
My parents were both born in 1937, the 2013 of the Great Depression (or, The Prequel, as it will become known). That is, their parents made it thru the Depression and WWII to raise them prosperously during the fifties.
Posted by: t-bird at January 02, 2013 12:42 PM (FcR7P)
In fairness one of my wife's Phobias is ever having even the slightest financial problem. It's hard to explain, it really is.
I had trouble getting her to take a 0% financing offer on a new couch (which she wanted, at lots of money.) because she was afraid we'd lose our jobs and not be able to pay it off. Which was strange to me, because she wanted to pay it out of savings, so clearly even if we lost our jobs (over the 4 month course of payments BTW) we could have paid it off (because the money was there.)
When it comes to "same as cash" I'm a bigger fan of taking that offer, keeping my money and then dispensing it in smaller chunks.
So yeah, the thought of doing something where potential cost equals ???? scares the ever loving shit out of her.
Sometimes I think her thought process is that if we make sure to save enough money, and never do anything that ever puts the budget in any sort of tension, there were never be any money fights (which is strange, because all it does is shift the money fights up one level.)
Posted by: tsrblke (work) at January 02, 2013 08:48 AM (4F5x1)
credit where credit is due, as seen by the MFM
Posted by: Wally in Walla Walla at January 02, 2013 12:25 PM (Dll6b)
A lot of sites are doing that. When the didn't look to get done it was always a picture of Boehner and now it's a picture of Barry. They're so subtle that way
Posted by: TheQuietMan at January 02, 2013 08:50 AM (1Jaio)
So totally freaking screwed are we.
Posted by: DocJ at January 02, 2013 08:57 AM (A5uiv)
Posted by: BlueFalcon in Boston at January 02, 2013 08:58 AM (KCvsd)
Posted by: volfan at January 02, 2013 09:00 AM (RTb48)
But that might effect Joe Blow.
Posted by: tsrblke (work) at January 02, 2013 12:43 PM (4F5x1)
______________
Again, only applicable to $250K+. Joe Blow won't feel shit. Which is why all these "GET READY FOR THE OBAMACARE TAXES" type stuff doesn't do anything to move the needle for Joe Blow Shmoe. It doesn't affect it at all directly.
Indirectly, sure it does affect him. Good luck explaining to him though. They did Obamacare very smartly. Lots of pain, but all hidden pain that nobody can actually point to specifically and say, damn it O-care is costing me money.
Posted by: Mr. Moo Moo at January 02, 2013 09:00 AM (HDgX3)
Posted by: rickb223 at January 02, 2013 09:01 AM (GFM2b)
Posted by: Mr. Moo Moo at January 02, 2013 09:01 AM (HDgX3)
Posted by: BlueFalcon in Boston at January 02, 2013 12:58 PM (KCvsd)
____________________
LOL. Where do you people get this shit?
Posted by: Mr. Moo Moo at January 02, 2013 09:02 AM (HDgX3)
Since no one in the MSM will state the truth that this tax increase without any spending cuts does nothing to reduce the deficit and ever-growing debt, it's up to us to talk this up. (How does Obama even say this is balanced with a straight face?)
Does Boehner/the RNC even have a press office? Putting out talking points on the tax hike and the sandy relief bill that is loaded up with lard should be easy, but I hear NOTHING from our side, other than on some blogs.
Posted by: LASue at January 02, 2013 09:04 AM (pWeX5)
Clearly he has had a long and full life, and now should consider the resources that can be used on younger people of more societal potential that he is wasting, and doctors should invoke the Liverpool Care Pathway as a matter of shear dignity towards him as I'm sure it is what he would want if he could still speak.
Posted by: MikeTheMoose is Shrugging at January 02, 2013 09:39 AM (0q2P7)
Posted by: Mikey NTH - sees the gods of the copybook headings on the horizon at January 02, 2013 09:43 AM (hLRSq)
LOL, good answers on that. I guess once you sell your soul to the gubmint devil, you might as go all the way and hit the bars with your cash or just be a ho.
Posted by: PJ at January 02, 2013 10:06 AM (ZWaLo)
"...whether or not they should pay the bills they have already racked up"
Language means nothing anymore.
The debate is not about bills they have already racked up. That has already been done and will not be paid for this generation.
The debate is about CONTINUING to rack up bills that we can't pay for.
Posted by: Mike S at January 02, 2013 10:11 AM (/4imY)
Posted by: Y. at January 02, 2013 10:12 AM (s9+la)
Posted by: Y. at January 02, 2013 10:46 AM (ymoYN)
Posted by: A Conservative Teacher at January 02, 2013 11:55 AM (idosS)
Posted by: Nom de Blog at January 02, 2013 01:23 PM (rNekI)
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Posted by: TexasJew at January 02, 2013 07:56 AM (lD8ju)