Deal watch: Yes or no? Update: Deal; Update: Boehner releases details; Update: Obama video added

posted at 8:28 pm on July 31, 2011 by Allahpundit

In lieu of the Quotes of the Day, a thread to carry us overnight and collect any late-moving debt-ceiling shenanigans. Boehner’s holding a conference call with the GOP caucus at 8:30 p.m. to talk about the deal, but Republicans aren’t the key obstacle right now:

Democrats in the House of Representatives might decide not to support a last-minute deal to raise the debt ceiling when they meet on Monday, House Democratic Leader Nancy Pelosi said on Sunday.

“We all may not be able to support it, or none us may be able to support it,” Pelosi told reporters.

A Republican aide tells NRO that if the final agreement on defense cuts looks ugly, Boehner could lose another 40 to 50 Republican votes on top of the 22 who voted against his bill Friday. That’s not bad: All they’d need are 40 to 50 Democrats out of a caucus of 193 to make up the difference, but the left’s lather over this deal is getting foamier by the hour. What’s it going to be like by tomorrow morning, when Pelosi meets with the caucus, when liberals like Emanuel Cleaver are already calling it a, er, “sugar-coated Satan sandwich”?

And yet, and yet, as I write this, Boehner’s still holding out:

Two congressional aides said Boehner is holding out to reduce roughly $350 billion in cuts to defense spending that would be part of an initial $900 billion in deficit cuts tied to a debt ceiling increase of a similar amount. Boehner also is refusing to agree to an even split between cuts to defense and other spending that would be triggered if Congress failed to enact a deficit reduction plan produced by a special congressional committee or doesn’t pass a balanced budget amendment, the aides said. Senate Minority Leader Mitch McConnell, R-Ky., has left negotiations on defense spending to Boehner, staffers in both parties said. A Democratic congressional aide said McConnell had also signed off on the deal. McConnell spokesman Don Stewart would not confirm the senator had agreed.

If he and McConnell join Reid in signing off on the deal tonight, the full weight of approving the deal will fall on Pelosi and the House Democrats tomorrow. That would leave liberals doubly screwed, not only stuck with a deal they hate but in danger of destroying the left’s relentless messaging that Republicans are the obstructionists here. For six months we’ve been told that those crazy wingnuts are willing to hit the debt ceiling and throw America into economic chaos to make their point; if Pelosi walks away 24 hours before the ceiling deadline after all three other congressional leaders have blessed the deal, that’ll blow up right in her face. I’m amazed, frankly, that Reid publicly approved the deal before she had a chance to talk to House Democrats. All that does is weaken her leverage in holding out and hand the GOP a talking point about how radical House liberals are even by the standards of Harry Reid. But maybe that was Reid’s point: By offering his approval early, he’s maximizing the odds that House Democrats will cave and that this thing really will pass.

But wait, you say. Isn’t Senate action tomorrow subject to unanimous consent to move ahead on a vote without debate? Won’t DeMint or Mike Lee object and slow things down, which will shift some deadline pressure back to the GOP? Actually, probably not: Both of them said today that they’re not going to delay this thing for the sake of delaying it, which keeps the ball squarely in Pelosi’s court. That’s going to be sooooome caucus meeting tomorrow. While we wait for news, here’s Krauthammer on tonight’s very special Special Report insisting that this is a laudable first step by tea partiers towards rolling back ruinous spending. Do any tea partiers actually agree with him? (Maybe a few.) Stand by for updates and click the image to watch.

Update: Just announced: Obama will speak in the White House briefing room at 8:40, which can only mean he’s signed off on the deal. And if that’s true, then Pelosi’s already signed off too. The leadership’s bringing intense pressure on the Democratic caucus to play ball tomorrow by going public tonight.

Update: Reid’s on the Senate floor right now hailing “bipartisan compromise.”

Update: JPod puts it bluntly for House Democrats.

Update: Obama in a nutshell: We have a deal, I would have preferred a “grand bargain,” but it’s a move in the right direction and, hey, at least this thing is over. Video forthcoming.

Update: Here’s the PowerPoint about the agreement that Boehner’s going to roll out at the next Republican caucus meeting. The deal is just what we thought it would be this morning, but note how Boehner’s framing it explicitly as a version of Cut, Cap, and Balance. The key detail on across-the-board cuts, which will go into effect if Congress ends up rejecting the Super Commission’s recommendations:

Total reductions would be equally split between defense and non-defense programs. Across-the-board cuts would also apply to Medicare. Other programs, including Social Security, Medicaid, veterans, and civil & military pay, would be exempt.

So they settled on a 50/50 split after all between defense cuts and other discretionary spending. That was Reid’s price in exchange for dropping tax hikes as an automatic trigger.

Update: John McCormack has excerpts from Boehner’s conference call with House Republicans. “There’s no agreement until we’ve talked to you.”

Update: If you’re worried about the Super Commission coming back to Congress with a package of tax hikes, read James Pethokoukis’s post about baseline budgeting. Because CBO is forced to assume that the Bush tax cuts will expire next year, the Commission can only hit its goal in savings by raising taxes above and beyond the additional $3.5 trillion in revenue that CBO already expects from that expiration. Ain’t going to happen.

Update: Here’s Obama.

Update: The Senate vote shouldn’t be a problem but could be a bit narrower than expected too:

However, less than an hour later during a procedural vote, a group of 15 Senate Democrats crowded around one of their leaders, Sen. Charles E. Schumer (D-N.Y.), demanding to know why the framework did not include any increased revenue through tax hikes on the wealthy or the closing of corporate loopholes. The group included the Democratic caucus’s most outspoken liberals, such as Sens. Tom Harkin (Iowa), Barbara Mikulski (Md.) and Al Franken (Minn.)

Afterward, Sen. Carl Levin (Mich.), who was part of the huddle, said the group had “mixed” feelings toward the possible deal. “It’s not balanced, it doesn’t have revenues,” he said, disappointed that President Obama’s prior demand for “balance” was not assured. “There are a lot of people who are really withholding judgment.”

I’m curious to see what vulnerable red-state Democrats like Tester, McCaskill, and Nelson do.

Update: “Overwhelming support for Boehner on conf. call.” Supposedly, Paul Ryan told the caucus that this deal is better than the bill passed on Friday.

Update: Aha, here’s why Boehner finally signed off on the 50/50 split involving defense cuts:

Compromise on defense was to include foreign aid, Homeland Sec., etc. in “security” category of cuts so they didn’t fall so heavily on DOD

Update: Here’s Cleaver, summing up the liberal reaction. Click the image to watch.

Update: Timothy Carney reminds the left that when you elect a guy whose main goal is his own reelection, don’t be surprised when the deals he strikes reflect that priority.

In this light, consider Obama’s willingness in April to compromise on taxes and most spending, but to stand firm on Planned Parenthood subsidies. It looks like liberal principles took a back seat to 2012 fundraising.

And this debt deal is similarly Machiavellian: Substance was subjugated to political framing. Republicans had their demands: no tax increases, yes spending cuts. Democrats’ demands had a different tone.

First, Democrats wanted to ensure this was the last debt-limit increase before the 2012 elections. Raising the debt limit, as Sen. Obama said in 2006, is “a sign of leadership failure” and politically unpopular.

Second, they wanted to ensure that the right issues would be debated in the election year. A high-stakes debate over a balanced budget amendment — as required by the bill the House passed on Friday — would make it clear that Democrats, unlike most Americans, do not want a balanced budget…

Democrats’ willingness to compromise doesn’t reflect superior maturity to the more rigid Republicans. Quite the contrary: It reflects caring less about policy than about politics.

Breaking on Hot Air

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This has all been a nice diversion for the white house from the whole fast and furious thing.

No one knows about it but we political people who read hot air and etc.

carbon_footprint on July 31, 2011 at 10:34 PM

NOOO! Tax Wealthy Job creating corporations for education spending??!!

NO NO NO NO!

wtf

amend2 on July 31, 2011 at 10:38 PM

No “spending cuts” until 2013? If so, that means that Obama’s administration will have the full increase over this year to spend, to build more mosques in the middle east, to fund acorn’s spin off entities, etc.
This is not good.

GaltBlvnAtty on July 31, 2011 at 10:40 PM

NYT blasting GOP as hostage taking extremists. All the news that’s fit to print.

txmomof6 on July 31, 2011 at 10:40 PM

Impeach!

KMC1 on July 31, 2011 at 10:40 PM

wtf

amend2 on July 31, 2011 at 10:38 PM

No..that stands for winning the future.
What I think you meant was;
WTF?!.

Electrongod on July 31, 2011 at 10:40 PM

kingsjester on July 31, 2011 at 10:28 PM

I think you meant

Sandra Bernhard

derft on July 31, 2011 at 10:40 PM

I wonder if Tom Coburn will be on the Super Commission. He can bring his GAO report with waste outlined in it.

txmomof6 on July 31, 2011 at 10:42 PM

Can’t decide if the GOP caved or got snookered.

Rightyismighty on July 31, 2011 at 10:42 PM

I wonder if Tom Coburn will be on the Super Commission.

Let’s hope not.

Mark1971 on July 31, 2011 at 10:43 PM

I think you meant

Sandra Bernhard

derft on July 31, 2011 at 10:40 PM

Nope. I meant old and washed up, like Norma Desmond.

If I was comparing somebody to the obnoxious Sandra Bernhard, it would be Debbie Wasserman Shultz.

kingsjester on July 31, 2011 at 10:45 PM

If you believe the NYT, the “terrorists” won…

d1carter on July 31, 2011 at 10:45 PM

When will these liberals stop trying to legislate their religious morality on us?

ronsfi on July 31, 2011 at 10:46 PM

RE: Bush tax cuts:

The Act extends all individual income tax rates at their 2010 levels for two additional years through December 31, 2012.

golfmann on July 31, 2011 at 10:49 PM

Who is Randy, and where’d you get that quote? Because it’s dead on.

Weight of Glory on July 31, 2011 at 9:59 PM

Varney was on Fox tonight with Hannity and some Republican strategy babette who was p’d.o that no one wanted to sing a chorus of “Happy Days Are Here Again”.
Randy is a political conservative, and social libertarian. Been living and working in the US since ’97. I’m the Canadian antidote for canopfor.
;-)
Randy

williars on July 31, 2011 at 10:50 PM

The Act extends all individual income tax rates at their 2010 levels for two additional years through December 31, 2012.
golfmann on July 31, 2011 at 10:49 PM

Thnx for the clarification g-man

darwin-t on July 31, 2011 at 10:52 PM

Impeach!

KMC1 on July 31, 2011 at 10:40 PM

…them all!

FloatingRock on July 31, 2011 at 10:53 PM

RE: Bush tax cuts:

The Act extends all individual income tax rates at their 2010 levels for two additional years through December 31, 2012.

golfmann on July 31, 2011 at 10:49 PM

Those job killing tax cuts for another 1.72 years.
D*mn! /

Electrongod on July 31, 2011 at 10:55 PM

Update: Timothy Carney reminds the left that when you elect a guy whose main goal is his own reelection, don’t be surprised when the deals he strikes reflect that priority.

LMAO

WitchDoctor on July 31, 2011 at 11:00 PM

Well, anyone taking odds on the down grade now?

According to what has been being said by the ratings org’s, downgrade is a lock now.

So, we going AA or not?

My take? AA before round 2 is action’d.

Totally non-seriousness agreement today. Go ahead and think it good as it gets (maybe it is). Still a fail. Let see what our ratings groups say this week…

hobbit on July 31, 2011 at 11:03 PM

Oh look at the picture! Obama and two of his obamabaggers.

Lon Chaney on July 31, 2011 at 11:04 PM

This is not good.

GaltBlvnAtty on July 31, 2011 at 10:40 PM

I’ll go out on a limb and say this really sucks.

Paul-Cincy on July 31, 2011 at 11:05 PM

One big scroomage.

Lon Chaney on July 31, 2011 at 11:06 PM

Can’t decide if the GOP caved or got snookered.
Rightyismighty on July 31, 2011 at 10:42 PM

Like the surrender of the British army at Singapore, after the fact does it really matter?

Bishop on July 31, 2011 at 11:09 PM

Breaking News Flash!

Barney Madoff endorses the deal. It has his highest approbation.

Lon Chaney on July 31, 2011 at 11:09 PM

One big scroomage.

Lon Chaney on July 31, 2011 at 11:06 PM

The markets will drop in a few days, realizing what’s on Drudge, top/center, lots of dough flowing down a toilet.

The thread picture:

McConnell, happy, what for?
Reid, smug
Obama, pis*ed off

Schadenfreude on July 31, 2011 at 11:14 PM

And Uncle Thug just sent word to the (clueless, corrupt) ratings agencies to keep their traps shut…
…at least that’s how I interpret this newsflash:

http://blogs.wsj.com/washwire/2011/07/31/live-blog-the-u-s-debt-battle-2/?mod=e2tw

Here is the quote:

“6:39 pm Rating Agencies Decline to Comment

Moody’s and Standard & Poor’s have both declined to comment on the U.S. debt ceiling deal.”

(Gim Conclusion): Once again, Uncle-T reminds the ratings agencies who’s the boss, and tells them to “Stand Down” or risk losing their little monopolies.

Ya just gotta love watching pure, raw Thuggery in action…

Lon Chaney on July 31, 2011 at 11:17 PM

After the initial headfake pop to 74, the dollar is sliding back down to where it closed Friday at 74.7. I don’t think the rest of the world is buying the silly show being put on in DC.

Lon Chaney on July 31, 2011 at 11:20 PM

…if Pelosi walks away 24 hours before the ceiling deadline after all three other congressional leaders have blessed the deal, that’ll blow up right in her face. I’m amazed, frankly, that Reid publicly approved the deal before she had a chance to talk to House Democrats.

Thinking back, I’ve never seen any evidence of a good relationship between Nana and Dingy. Remember the couple occasions when he stood too close to her and she shrunk away like he smelled bad? Or when he put his arm on her shoulder and she sloughed it off. Maybe it’s a Queen Bee deal, or maybe because she’s a multimillionaire California Napa winery owner she sees Dingy as some kind of Nevada desert rat.

Maybe when they had a supermajority she didn’t want anyone sharing her power as SOTH, whereas I think the Senate kind of looks down at the House. Random thoughts.

slickwillie2001 on July 31, 2011 at 11:20 PM

But don’t worry, as long as the Dow is propped, everything is wonderful and fine. Dow 20,000 is much more relevant than Real Unemployment of 30-40%. It’s all good.

Lon Chaney on July 31, 2011 at 11:21 PM

Lon Chaney on July 31, 2011 at 11:17 PM

If our ratings agencies don’t do their job conscientiously, they will fall by the wayside and someone else will do it. Isn’t one of them controlled in the UK anyway?

Mentioned on Fox News that China has started their own ratings agency to do much what Fisk, S&P, and Moody’s does.

slickwillie2001 on July 31, 2011 at 11:23 PM

the markets will drop in a few days, realizing what’s on Drudge, top/center, lots of dough flowing down a toilet.

Schadenfreude on July 31, 2011 at 11:14 PM

That’s a black hole..
No accent to what I said. Black hole.

Electrongod on July 31, 2011 at 11:24 PM

Lon Chaney on July 31, 2011 at 11:21 PM

It’s funny that after buying their stability, they also expected a huge sell off so that the public would panic and agree with The Won. They need better trained monkeys.

Cindy Munford on July 31, 2011 at 11:24 PM

Juan Williams confirms to Sean H. that the libs are angry over the deal. Awwww….

Philly on July 31, 2011 at 9:39 PM

Actually, if both sides are equally and genuinely angry over it, that is a sign that it is somewhat a real compromise.

Not to say that’s a good thing.

slickwillie2001 on July 31, 2011 at 11:25 PM

Schadenfreude on July 31, 2011 at 11:14 PM

I don’t understand the markets, but I do understand what happens when you can only borrow money from TitleMax.
Only a revolt by fiscally conservative Dems in Congress will be able to ease the Crisis that is coming quickly now. It’s gonna be bad.

Randy

williars on July 31, 2011 at 11:26 PM

Looks like Mary Landrieu is blowing up much like the deficit.

slickwillie2001 on July 31, 2011 at 11:27 PM

FloatingRock on July 31, 2011 at 9:51 PM

You may have a point. It depends I guess on what political point they are trying to make. Gets confusing, that’s for sure.

I see that Boehner said we’ve gotten 98% of what we wanted.
That would depend on what % we gave up I would think. We’ll see.

bluefox on July 31, 2011 at 11:27 PM

Dude the NYT is pissed LOL!

So much for the new “tone”

gophergirl on July 31, 2011 at 11:27 PM

That stupid smirking look on McConnell’s face is just the cherry on top of this Dog crap Sundae.

portlandon on July 31, 2011 at 11:28 PM

Smoke…Mirrors…Obama gets a $2.4 Trillion slush fund and no pressure to resolve anything…and cuts never happen.

BAD, ABYSMALLY STUPID, DEAL!!!!!

We need to remove Boehner and replace him with someone who has a Trump-like backbone (but not necessarily Trump).

landlines on July 31, 2011 at 11:29 PM

Just who the hell is this Obama guy negotiating for? He demanded that 50% of the cuts come from the defense of the nation? Is he representing China or Russia or both?

crosspatch on July 31, 2011 at 11:30 PM

“Satan sandwich” reminds me of the scene from Smokey and the Bandit where Buford T. Justice orders a diablo sandwich and a Dr. Pepper.

Mark1971 on July 31, 2011 at 11:30 PM

Millions, including some that SHOULD know better, seem to think that 0bama is going to buy them a nice present with his new credit card.

A few of them might even luck out and get some cut flowers that will soon be dead. He ain’t even going to buy you a live plant.

The rest of you? I hope you have learned how to profit from the destruction of economies, like George Soros, ‘Cause otherwise you will be crying in your soup line soup in 18 months..

LegendHasIt on July 31, 2011 at 11:31 PM

I don’t take much comfort that the libs are p.o.’d over this. Does that make it a kumbaya moment because we are all angry at the same time over the same thing?

Cindy Munford on July 31, 2011 at 11:31 PM

They need better trained monkeys.

Cindy Munford on July 31, 2011 at 11:24 PM

Cindy. I needed … a laugh. thanks

hawkdriver on July 31, 2011 at 11:32 PM

I didn’t expect Change overnight…it takes time.

Electrongod on July 31, 2011 at 10:19 PM

Agreed. Rome wasn’t built in a day and all that…

OmahaConservative on July 31, 2011 at 10:22 PM

NOTHING has changed. So this argument is worthless.

fossten on July 31, 2011 at 11:32 PM

disa on July 31, 2011 at 9:53 PM

Whether Pelosi has lost her mojo, I’m not sure. She doesn’t have the power in the House she once had, but still connected.

I just find it curious that Reid/Obama/McConnell/Boehner have all been working on this deal and the Dems in the House are talking about not supporting it? The Dems are not going to support their leaders or the President? Just seems out of character. We’ll have to wait and see.

bluefox on July 31, 2011 at 11:32 PM

Anyone know what the hell Obama was talking about when he said this deal would leave domestic spending at its lowest level since the Eisenhower Administration? How is that possible when there was no Medicare, Department of Education, HUD, EPA, DOE, DHS, or Food Stamps in 1959? Is he talking about percentages or actual dollars?

rockmom on July 31, 2011 at 11:33 PM

I don’t take much comfort that the libs are p.o.’d over this. Does that make it a kumbaya moment because we are all angry at the same time over the same thing?

Cindy Munford on July 31, 2011 at 11:31 PM

Well, that is the usual definition of a compromise.

rockmom on July 31, 2011 at 11:34 PM

crosspatch on July 31, 2011 at 11:30 PM

The topic of his senior thesis at Columbia was the elimination of nuclear weapons … I think he’s even more ambitious than that.

gh on July 31, 2011 at 11:38 PM

No need to read any further.
The Tea Party will survive…the establishment is getting thinner.

Electrongod on July 31, 2011 at 10:05 PM

“No need to read further,” lol. Then why respond? That was just stupid.

I know the Tea Party will survive. But that was not the point. They were owned this round. And some members were coopted. They have yet to learn how the game is played, and therefore they were caught off guard. Instead of standing firm as a unit, enough of them allowed themselves to be pressured into voting for massive debt.

Allan West called it Tea Party “hysteria,” saying he wouldn’t fall for it. Then he proceeds to fall for the RINO/Establishment hysteria. The irony was rich.

True_King on July 31, 2011 at 11:39 PM

Cindy. I needed … a laugh. thanks

hawkdriver on July 31, 2011 at 11:32 PM

ROFL..That was a good one..:)

Dire Straits on July 31, 2011 at 11:39 PM

The picture of McConnell and Reid sitting next to each other smiling gives me the creeps. Like we are for sure about to get completely hosed by Washington – again.

I suspect that if Rand Paul or Marco Rubio were there, Reid would be scowling like crazy and they would be grinning, or vice versa, but never both of them together.

samuelrylander on July 31, 2011 at 11:39 PM

Is he talking about percentages or actual dollars?

rockmom on July 31, 2011 at 11:33 PM

He doesn’t do math. He just blabs away.

gh on July 31, 2011 at 11:39 PM

If the American brain trust in the CBC is going nuts, it must be good for the country.

slickwillie2001 on July 31, 2011 at 11:42 PM

Sorry, but this deal is worse than even Boehner’s original plan. Much, much, worse.

The BBA provision is basically dead. Yeah, a vote will take place, but it’s passage is not tied to any conditional requirement. Pointless.

No real cuts whatsoever. Baseline budgeting still in place, the 2013 budget will be bigger than 2012, the 2014 bigger than 2013, etc. Even adjusted for inflation, government will continue to grow at a rapid pace.

The “cuts”, fraudulent though they are, aren’t even real anyway – and not binding either. A 2013 timeline for actual changes means nothing, since the next Congress is not bound by what this one does, regardless of promises of “commissions” and “triggers”.

Any Republican voting for this disaster deserves to be primaried.

Norwegian on July 31, 2011 at 11:43 PM

That’s a black hole..
No accent to what I said. Black hole.

Electrongod on July 31, 2011 at 11:24 PM

It sure it.

Schadenfreude on July 31, 2011 at 11:43 PM

If the American brain trust in the CBC is going nuts, it must be good for the country.

slickwillie2001 on July 31, 2011 at 11:42 PM

Amen. The libs never go this batty unless they’ve been cut to the core. That’s all the reason I need to know that we’re doing the right thing here.

KingGold on July 31, 2011 at 11:44 PM

‘Cause otherwise you will be crying in your soup line soup in 18 months..

LegendHasIt on July 31, 2011 at 11:31 PM

Obama will be there next year, with the handouts from what he got today.

The entire world was fooled today. It’s almost funny to watch, were it not also so tragic.

Schadenfreude on July 31, 2011 at 11:46 PM

Is he talking about percentages or actual dollars?

rockmom on July 31, 2011 at 11:33 PM

I’m confident even he doesn’t know.

greeneyedconservative on July 31, 2011 at 11:47 PM

hawkdriver on July 31, 2011 at 11:32 PM

When you get a chance to look, I sent you an email.

Cindy Munford on July 31, 2011 at 11:49 PM

I think that the big winner in the debt ceiling debacle has been the Ruling Class. They get a bill that increases the debt ceiling, does little if anything to cut real spending, yet includes plenty of empty rhetoric and gimmicks they think will help them fool the electorate into reelecting them. With the MSM’s help they’ve even diverted blame for their own incompetence to the tea party who hasn’t even been a party to their secret backroom negotiations.

FloatingRock on July 31, 2011 at 11:51 PM

rockmom on July 31, 2011 at 11:34 PM

I don’t consider this a compromise so much as a huge mutual C.Y.A. for a bunch of undeserving politicians.

Cindy Munford on July 31, 2011 at 11:52 PM

Anyone know what the hell Obama was talking about when he said this deal would leave domestic spending at its lowest level since the Eisenhower Administration? How is that possible when there was no Medicare, Department of Education, HUD, EPA, DOE, DHS, or Food Stamps in 1959? Is he talking about percentages or actual dollars?

rockmom on July 31, 2011 at 11:33 PM

I heard that too – I assume he got that from chapter 7 of the big book of statistics from my puckered bunghole.

massrighty on July 31, 2011 at 11:53 PM

FloatingRock on July 31, 2011 at 11:51 PM

What is the ceiling now, somewhere between 17 and 20 Trillion? Way to hold the line D.C.!

Cindy Munford on July 31, 2011 at 11:53 PM

I heard that too – I assume he got that from chapter 7 of the big book of statistics from my puckered bunghole.

massrighty on July 31, 2011 at 11:53 PM

Ok, that seriously made me LOL!

greeneyedconservative on July 31, 2011 at 11:55 PM

I heard that too – I assume he got that from chapter 7 of the big book of statistics from my puckered bunghole.massrighty on July 31, 2011 at 11:53 PM

Ok, that seriously made me LOL!

greeneyedconservative on July 31, 2011 at 11:55 PM

At this point, anything to lighten the mood! I was hoping for a Red Meat post, or a nice Atheism post – anything to take us off the faux drama.

massrighty on August 1, 2011 at 12:01 AM

SheetAnchor on July 31, 2011 at 10:03 PM

I think America has always had a Tea Party in spirit. Those you described and many other American Patriots decided to come together. From every State and organized and then had a name, The Tea Party.

The state of our Country, loss of our freedoms, financials and government intruding into our lives, heavy taxes, etc.

Yes, they and many others understand the seriousness and hopefully those that don’t will be informed.

We all need to do what we can to make whatever changes are necessary to get our Country back on track.

Thanks to the Tea Party, we are not only awake, but engaged!

bluefox on August 1, 2011 at 12:03 AM

We used to call these miserable wretches “panderers” for how effortlessly they lied to their constituents. I believe they’ve moved beyond pandering to becoming exploiters. Webster’s defines “exploitative” as “unfairly or cynically using another person [or persons as is the case with American voters] for profit or advantage.” They have exploited the black community and have devastated it completely. They have exploited the elderly and rewarded them with the prospect of “death panels”. They have exploited Hispanics and in the process have created a permanent underclass. They exploited the young voters (at least those who were lucky enough to escape the abortionist’s scalpel) and have mortgaged their futures for at least three more generations. The devastation they have wrought will take years to repair, if it can be repaired. May God have mercy on their souls and may the voters show no mercy in November 2012.

Lon Chaney on August 1, 2011 at 12:04 AM

Remember Voters: An 8% hard cut to the 2012 budget doesn’t reduce the deficit by one penny, thanks to the wonders of baseline budgeting. The 8% represents the automatic increase in spending next year, or about $288,000,000,000.

And no one is talking about cutting anything next year. This is all a Grand Farce that the Tax and Spend liberals in both parties conduct for the benefit of no one. Keep voting for Tea Party conservatives — they are the only ones involved in the discussion who have any intention of cutting anything.

We need many, many more of them.

Jaibones on August 1, 2011 at 12:06 AM

I hope we get a week to look over all the details of the deal, but I think I may like it better than Boehner’s earlier bills because it comes with some initial cuts plus it promises more cuts to come.

ie:
-BBA goes to the states
-OR $1.5T in cuts from the commission (tax hikes virtually impossible)
- OR across the board automatic spending cuts

El_Terrible on August 1, 2011 at 12:08 AM

Jaibones on August 1, 2011 at 12:06 AM

There’s a budget for 2012?

Cindy Munford on August 1, 2011 at 12:09 AM

MaggiePoo on July 31, 2011 at 10:07 PM

I wanted to read the message you were replying to, but didn’t see that you included it.

bluefox on August 1, 2011 at 12:09 AM

The largest debt ceiling increase, now, with some reduction in the amount of spending increase in 2013, unless that congress decides otherwise. What a deal.

GaltBlvnAtty on August 1, 2011 at 12:11 AM

I think America has always had a Tea Party in spirit. …
bluefox on August 1, 2011 at 12:03 AM

My family emigrated to Canada from the UK when I was 9 years old and my impression of the US was informed mostly from reading American kids books aimed at grades 4-6.

To me “Tea Party” is just “American”. Same for Sarah Palin.

gh on August 1, 2011 at 12:11 AM

ANOTHER SMOKE-FILLED BACK-ROOM DEAL!
WHOOPEEEEEE!
Our grandchildren are screwed!

Mark7788 on August 1, 2011 at 12:18 AM

We need to get past August 2nd to show that the media hype about this artificially-created deadline is alot like Y2K.
Remember Y2K, when 1999 turned into 2000, computers were supposed to fail, markets were to plummet, power grids were to fry, skys would fall. 2000 came, and as Mr. Rogers used to say “it was a beautiful day in the neighborhood.”

Mark7788 on August 1, 2011 at 12:22 AM

Our grandchildren are screwed!

Mark7788 on August 1, 2011 at 12:18 AM

No, they’re grandchildren are screwed.

darwin-t on August 1, 2011 at 12:22 AM

golfmann on July 31, 2011 at 10:49 PM

I was just discussing the Bush Tax cuts with someone this evening. Thanks for posting that.

bluefox on August 1, 2011 at 12:24 AM

Our grandchildren are screwed!
Mark7788 on August 1, 2011 at 12:18 AM

True.
..
.

.
even if they are adults, now.

LegendHasIt on August 1, 2011 at 12:24 AM

According to what has been being said by the ratings org’s, downgrade is a lock now.

So, we going AA or not?

My take? AA before round 2 is action’d.

hobbit

There will be no downgrade. There was never going to be a downgrade.

xblade on August 1, 2011 at 12:24 AM

RE: Bush tax cuts:

The Act extends all individual income tax rates at their 2010 levels for two additional years through December 31, 2012.

golfmann on July 31, 2011 at 10:49 PM

We are still on track for all President George W. Bush tax cuts to end in 2013; correct? If so that’s a massive tax increase that even the progs will not let stand, and that number remains baked in the cake.

slickwillie2001 on August 1, 2011 at 12:26 AM

williars on July 31, 2011 at 10:50 PM

I saw that clip on Hannity & Varney. He was clear as always. That woman needed to have her microphone cut off!!
She was rude and annoying.

Oh, no. That segment is coming on again at this minute.

bluefox on August 1, 2011 at 12:27 AM

Just who the hell is this Obama guy negotiating for? He demanded that 50% of the cuts come from the defense of the nation? Is he representing China or Russia or both?

crosspatch

Know what’s even worse? McConnell and Boehner said “Duh, okay.”

xblade on August 1, 2011 at 12:30 AM

Guys, what is the real scoop about this 1% deal I am starting to hear about? Could we really balance the budget in six years if we cut one penny on every dollar spent?

Cindy Munford on August 1, 2011 at 12:37 AM

http://www.youtube.com/watch?v=qUiJ1f2Cg3U

Del Dolemonte on August 1, 2011 at 12:37 AM

Cindy, the One Cent Solution

Schadenfreude on August 1, 2011 at 12:40 AM

gh on August 1, 2011 at 12:11 AM

Wow, from the UK to Canada. I think some of the children’s books are easier to understand:-)

There are many Sarah Palin fans around here. I think everyone is so interested in this debt “crisis” that not too much else is being discussed right now.

Sarah Palin & Tea Party, that’ll work, LOL

bluefox on August 1, 2011 at 12:40 AM

Mark7788 on August 1, 2011 at 12:22 AM

Y2K, LOL Oh, wasn’t that a mess? I read so many horror stories about that. Finally under pressure I bought a hand can opener!! Just in case the electric went out.

Someone should write a book about all of that, Ha-Ha

bluefox on August 1, 2011 at 12:43 AM

Cindy, the One Cent Solution

Schadenfreude on August 1, 2011 at 12:40 AM

That seems like a really awesome plan. Perhaps its something we could run on in 2012. It would have a good slogan, A Penny Saved Is A Penny Earned.

El_Terrible on August 1, 2011 at 12:45 AM

Hi kids…

… What’s been going on around here all day?

/

Seven Percent Solution on August 1, 2011 at 12:46 AM

bluefox on August 1, 2011 at 12:40 AM

My mother’s family emigrated to Manitoba about 1870 — she met my father on a boat to England — he was returning after a year.

gh on August 1, 2011 at 12:48 AM

Our grandchildren are screwed!

Mark7788 on August 1, 2011 at 12:18 AM

Not even that long, 5 to 10 years at most before we are Greece.

Oil Can on August 1, 2011 at 12:49 AM

Schadenfreude on August 1, 2011 at 12:40 AM

But is it real? Doesn’t is sound too easy? And if it is this easy why isn’t everybody jumping on board? Of course, I’m not hearing anything against it either.

Cindy Munford on August 1, 2011 at 12:50 AM

Remember Voters: An 8% hard cut to the 2012 budget doesn’t reduce the deficit by one penny, thanks to the wonders of baseline budgeting. The 8% represents the automatic increase in spending next year, or about $288,000,000,000.

What 2012 budget? The House submitted one, but the Senate didn’t. How are they computing these numbers? Am I missing something here?

onlineanalyst on August 1, 2011 at 12:51 AM

Cindy, the One Cent Solution

Schadenfreude on August 1, 2011 at 12:40 AM

That seems like a really awesome plan. Perhaps its something we could run on in 2012. It would have a good slogan, A Penny Saved Is A Penny Earned.

El_Terrible on August 1, 2011 at 12:45 AM

Just discussing that idea, even if we never implement it, helps because it drives home that fact that spending is already planned to increase year by year, without doing anything.

The progs on the other hand hate it, because it takes away that dialed-in growth that they desperately want without taking responsibility for it.

slickwillie2001 on August 1, 2011 at 12:52 AM

Not even that long, 5 to 10 years at most before we are Greece.

Oil Can on August 1, 2011 at 12:49 AM

Where do we Hot Heads buy our gas masks?

El_Terrible on August 1, 2011 at 12:53 AM

Okay, now I see why it’s not getting much press. They would have to stop the automatic increases they always budget in. More reason for me to like it but at least I understand why more aren’t jumping on the bandwagon.

Cindy Munford on August 1, 2011 at 12:54 AM

But is it real? Doesn’t is sound too easy? And if it is this easy why isn’t everybody jumping on board? Of course, I’m not hearing anything against it either.

Cindy Munford on August 1, 2011 at 12:50 AM

Sen. Rand is spearheading it and more and more are getting on board. Like El_Rerrible said, it w/b great to run on it next year. This ‘deal’ today is just a date. Nothing will be different after tomorrow. Nada.

May Obama’s ratings go to 30 in 2 weeks. This debt topic has covered up a lot of his deficiencies and involvements.

The country is in big trouble.

Schadenfreude on August 1, 2011 at 12:57 AM

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