Quotes of the day

posted at 10:41 pm on November 27, 2012 by Allahpundit

Congressional Democrats are starting to draw a much tougher line on entitlements in the increasingly messy fiscal cliff talks, warning Republicans to keep their hands off Social Security and Medicare benefits…

For many Democrats, these entitlement programs are part of their core identity — aggressively protecting the social safety net programs created by the New Deal and the Great Society is as much a part of the progressive worldview as tax cuts and smaller government are for conservatives. And if President Barack Obama reaches a bipartisan deal with GOP leaders that cuts entitlements, he can expect a rebellion from his allies on the Hill — that is, unless he wins what they consider major concessions from Republicans on taxes.

“Let them put revenue on the table first,” veteran Sen. Barbara Mikulski (D-Md.) told POLITICO. “I don’t want to hear, ‘Oh well, we’ll close loopholes.’ What the hell does that mean? That’s nothing.”

***

Durbin frequently deviated from his script but the message was clear: Democrats should engage in debate over how to revamp Medicare and Medicaid, but not right now.

His effort to siphon off changes to entitlement programs from the fiscal cliff debate that must be resolved by Dec. 31 outraged Republicans, who feel like they’ve gone out on a limb by embracing changes to the Tax Code that would net more revenue.

“By ruling out any meaningful changes to our entitlement programs, Sen. Durbin and like-minded Democrats are threatening a nose dive off the fiscal cliff that our economy cannot afford,” said Brendan Buck, a spokesman for House Speaker John Boehner of Ohio…

“If they are backing off entitlements, this is going to be a very difficult 30 days,” Chambliss said.

***

Two staunch liberals, Senators Tom Harkin of Iowa and John D. Rockefeller IV of West Virginia, said in a letter to Mr. Obama that he should “reject changes to Medicare, Medicaid and Social Security that would cut benefits, shift costs to states, alter the structure of these critical programs, or force vulnerable populations to bear the burden of deficit reduction.”

More than 40 House members, led by the Congressional Progressive Caucus, declare in a resolution that any deal on taxes and spending “should not cut Medicare, Medicaid or Social Security benefits.”

Republicans say the revenue to be gained from Mr. Obama’s tax proposals would be dwarfed by the growing costs of the benefit programs.

***

Elections do have consequences, and Mr. Obama ran on a clear platform of increasing taxes on the wealthy. But he was clear on something else, too: Deficit reduction must be “balanced,” including spending cuts as well as tax increases. Since 60 percent of the federal budget goes to entitlement programs such as Medicare, Medicaid and Social Security, there’s no way to achieve balance without slowing the rate of increase of those programs.

This could be accomplished in a progressive manner, shielding the poorest beneficiaries from cuts. But that seems less likely to be achieved if progressives boycott serious negotiations by pretending that Social Security and Medicare are sustainable with no reform at all.

Mr. Obama has understood this since at least 2009, when he told The Post’s editorial board that he would tackle entitlement reform…

Four years later, has the moment arrived? Since his reelection, Mr. Obama has fueled a campaign-style effort to pressure Republicans to give ground on taxes. That’s fine, but it won’t be enough. At some point, he has to prepare the American people — and his own supporters most of all — for the “hard decisions” required to put the country on a sound financial footing. That means spending cuts, it means entitlement reform, it means compromise, it means a balanced solution that will please neither House Speaker John A. Boehner (R-Ohio) nor Senate Majority Leader Harry Reid (D-Nev.). Only one person is in a position to make it happen.

***

Obama senior adviser David Plouffe predicted that the fiscal cliff negotiations are “going to get hairy” in the coming weeks, saying President Barack Obama is committed to achieving the elusive “big deal” on taxes and spending he and Speaker of the House John Boehner have tried to strike for more than 18 months…

“The only way that gets done is for Republicans again to step back and get mercilessly criticized by Grover Norquist and the Right, and it means that Democrats are going to have to do some tough things on spending and entitlements that means that they’ll criticized on by their left,” Plouffe said at his alma mater in conversation with former McCain campaign manager Steve Schmidt…

Plouffe added that while the White House wants to engage in comprehensive tax reform, they know they must also “carefully” address the “chief drivers of our deficit”: Medicare and Medicaid.

***

Cavuto reassured McCain that Norquist is aware of such an anti-earmarks record, but noted that “what concerns him is that Republicans seem to be running around with the tail between their leg after the election and acquiescing on revenues and letting the Democrats stream roll them and he says they’re going to pay for that two years from now.” He asked the senator: “Do you feel threatened?”

McCain’s response:

Republicans have to be for some things and we need to be for things and we need to be for spending cuts. We need to be for entitlement reform. That has to be done if we are ever going to be serious about this debt issue. I don’t think we should disrespect Grover Norquist any more than I believe we should disrespect the Heritage Foundation or, AEI, or any others. I respect them. We just don’t always agree.

***

[T]hree powerful unions — the American Federation of State, County and Municipal Employees, the Service Employees International Union, and the National Education Association — are sending 200 local labor leaders to the Senate on Wednesday to lobby Democrats on “creating good jobs, protecting Medicare, Medicaid, Social Security and Education, and not cutting vital services that millions of Americans rely on” during the lame-duck session.

Nonetheless, several key aides to Republican leaders told RCP in separate conversations that “the only Democrat who matters is President Obama.” They reason that enough Democratic legislators will fall in line after the White House announces its stance on any potential deal. One Republican source privy to some of the talks between Obama and congressional Republicans told RCP that the president has shown “some willingness to talk Medicare as long as it doesn’t affect his health-care bill.”

RCP asked a handful of those leadership aides whether Senate Republicans would consider raising tax rates on the top 2 percent of earners — as Democrats are pushing — if the White House and Democratic leaders promised to move forward with entitlement reform next year. Responses were muddled: The consensus was that they might begrudgingly go along, but that it would be extremely difficult for such a concession to pass muster with House Republicans, even if Speaker John Boehner tried hard to sell it.

***

1. If there is no bill, the U.S. economy will probably dip into recession for much/most/all of 2013, and it’s impossible to predict whether such a recession would be short-lived.

2. A 2013 recession would be terrible for the country and terrible for the Obama Presidency. It would limit the President’s options across his entire policy agenda, economic and non-economic. And it could define and dominate his entire second term.

3. President Obama believes #1 and #2, and therefore avoiding the risk of triggering a recession with his veto is an even higher policy priority than his fiscal policy goal.

4. The President wants to get things done. He cares more about his own chances for policy success (across the entire breadth of his agenda, whenever he figures out what it is) than he cares about relative political blame. A scenario in which Republicans get most of the blame for a veto-triggered recession is still a loser for him if it means he can’t accomplish his second term goals.

If my assumptions are correct, then the President cannot afford to veto a bill and have no compromise enacted.

***

Matthews sure got former Wyoming Sen. Simpson excited over the GOP’s recent war on Grover’s decades-old pledge to not raise taxes. “So how do you deal with guys who came to stop government, or Grover wandering the earth in his white robe saying he wants to drown government in the bathtub?,” Simpson asked to no one in particular. “I hope he slips in there with it. We’ll put some soap in the tub.”

Visit NBCNews.com for breaking news, world news, and news about the economy

***



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…another day!

KOOLAID2 on November 27, 2012 at 10:43 PM

Just give the parasite class President and the socialists what they want and let the economy tank in hell…

mnjg on November 27, 2012 at 10:44 PM

McCain speaking for Republicans again…geez!

KOOLAID2 on November 27, 2012 at 10:44 PM

L.i.B.

I am lookin’ FORWARD for the next four year…

This Utopia…
must be visualized..

Electrongod on November 27, 2012 at 10:46 PM

“By ruling out any meaningful changes to our entitlement programs, Sen. Durbin and like-minded Democrats are threatening a nose dive off the fiscal cliff that our economy cannot afford,” said Brendan Buck, a spokesman for House Speaker John Boehner of Ohio…

See Republicans, this is how it is done. Do you see any weak-kneed democrats out there talking about needing to put entitlement reform on the table? Do you see any discussion of how they can be bi-partisan in meaningful cuts? Or maybe proposing cuts now for some revenue in the future? No? So, why do you dingbats go wobbly every single frickin’ time? Grow a pair! Media won’t cover you when you call a press conference? Get in the cameras when they are with the democrats, get up on the podium and insist on equal hearing. The press isn’t going to love you any less or cover you any less favorably. Start making some noise you bunch of spineless RINO’s! I’m tired of this “tax increases today for a spending cut on Tuesday” BS.

AZfederalist on November 27, 2012 at 10:49 PM

The media and democrats just laugh knowing just how easy it is to manipulate, BS, and PR what they want.

AltTuning on November 27, 2012 at 10:51 PM

2. A 2013 recession would be terrible for the country and terrible for the Obama Presidency.

What part of “he does not care and this is all part of his transforming of America” do you not understand?

Let. It. Burn.

JPeterman on November 27, 2012 at 10:51 PM

Alan Simpson…McCain…Bonehead…Graham…Hutchinson…Kyle…Corker……etc. …glad as a load in my shorts that they keep speaking for the Republican party…aren’t you?

KOOLAID2 on November 27, 2012 at 10:52 PM

Obama and Boehner look equally stupid, and they are.

Schadenfreude on November 27, 2012 at 10:57 PM

I want to say thank you to the Obama political machine for giving us an app for determining our neighbor’s party affiliation. The day the market swan dives will be sweet sweet schadenfreude.

tom daschle concerned on November 27, 2012 at 10:57 PM

In the meanwhile, just since the election.

Schadenfreude on November 27, 2012 at 10:57 PM

“Mr. President…

… you won re-election and picked up some seats in the Senate.

Tax increases won’t cover +$16 Trillion in debt…

… Where is your plan for cutting spending?”

Seven Percent Solution on November 27, 2012 at 10:58 PM

May all senators over 60 end up in the same pen, the same creche, in diapers/Depends. To Hell with you all.

Schadenfreude on November 27, 2012 at 11:00 PM

Let’s all play kick the can!

John the Libertarian on November 27, 2012 at 11:02 PM

How did that “lets raise taxes now and we’ll do cuts later” for the Read My Lips president, 41?

TXUS on November 27, 2012 at 11:03 PM

*work out for*

TXUS on November 27, 2012 at 11:04 PM

… Where is your plan for cutting spending?”

Seven Percent Solution on November 27, 2012 at 10:58 PM

Let me take a wild guess and say it’s in the same place as his missing budgets for the past 3 years?

JPeterman on November 27, 2012 at 11:05 PM

How did that “lets raise taxes now and we’ll do cuts later” for the Read My Lips president, 41?

TXUS on November 27, 2012 at 11:03 PM

… and how did it work for Ronald Reagan before that? Yeah, the Republicans are sure slow learners. Wonder if they ride to the Capital in a short bus.

AZfederalist on November 27, 2012 at 11:05 PM

“Let them put revenue on the table first,” veteran Sen. Barbara Mikulski (D-Md.) told POLITICO. “I don’t want to hear, ‘Oh well, we’ll close loopholes.’ What the hell does that mean? That’s nothing.”

It means about as much as your use of “revenue,” you hypocritical gesticulating polyp.

Axe on November 27, 2012 at 11:10 PM

Quit dealing with the ‘rats. Only the house can spend money. Make the Democrats beg. But you gotta be willing to let the government shut down, and you want that to happen early in the term instead of late, such as right now.

Buddahpundit on November 27, 2012 at 11:11 PM

KOOLAID2 on November 27, 2012 at 10:52 PM

Kay will be gone in 2 months. Thank gawd!

annoyinglittletwerp on November 27, 2012 at 11:12 PM

Kay will be gone in 2 months. Thank gawd!

annoyinglittletwerp on November 27, 2012 at 11:12 PM

She has gone to Hell, exponentially.

Schadenfreude on November 27, 2012 at 11:16 PM

Congressional Democrats are starting to draw a much tougher line

Why, O God, why has the GOP been cursed with wimps as its leaders?

Democrats drawing a much tougher line? So the so-called party of moderation hasn’t got their “McCains”, “Chamblisses”, “Grahams”, and other media tools to come and talk of how outdated the Democrats’ addiction to entitlements and higher spending is?

Please wake me up when it’s time to clean house. Until all conservatives come to the realization that our wimpy leaders have to go, I don’t expect anything to change and we will keep losing.

TheRightMan on November 27, 2012 at 11:16 PM

Starve the Looters, from the Left to the Right.

They are all the same rats. Destroy them all.

Schadenfreude on November 27, 2012 at 11:19 PM

Lugar will work his wonders…before he drops dead.

Schadenfreude on November 27, 2012 at 11:21 PM

Four years later, has the moment arrived? Since his reelection, Mr. Obama has fueled a campaign-style effort to pressure Republicans to give ground on taxes. That’s fine, but it won’t be enough. At some point, he has to prepare the American people — and his own supporters most of all — for the “hard decisions” required to put the country on a sound financial footing. That means spending cuts, it means entitlement reform, it means compromise, it means a balanced solution that will please neither House Speaker John A. Boehner (R-Ohio) nor Senate Majority Leader Harry Reid (D-Nev.). Only one person is in a position to make it happen.

We’re idiots for allowing “balanced” to be defined this way. There’s no magical fulcrum between spending cuts and tax increases that anyone should aspire to. This is more of that weird “moderate” worship, where you’re righteous some and sin some, to be a balanced person, where the court rules in favor of the constitution half the time, not to be extremest.

1,000,000,000,000 – 80,000,000,000 = 920,000,000,000.

Axe on November 27, 2012 at 11:21 PM

These leeches don’t know how to retire with grace, ever.

Schadenfreude on November 27, 2012 at 11:21 PM

Let me take a wild guess and say it’s in the same place as his missing budgets for the past 3 years?

JPeterman on November 27, 2012 at 11:05 PM

No doubt…

… I would really like to hear what Paul Ryan has to say about all of this.

Seven Percent Solution on November 27, 2012 at 11:22 PM

Kick the Can

Pass the Buck

Help me I am FALLING

Herd ‘em in

The GOPe WILL betray YOU

No-one is gonna beg for anything, except us, who want a better America

NO ONE IS LISTENING!!

Sick to death of it all

L.i.B.

Scrumpy on November 27, 2012 at 11:22 PM

Can things get any worse? Yes.

SparkPlug on November 27, 2012 at 11:23 PM

Scrumpy on November 27, 2012 at 11:22 PM

I agree with scrumpy.

SparkPlug on November 27, 2012 at 11:24 PM

First…we’re nearly in a recession now. So if Rs play stupid they will be blamed…which is what barry is hoping for

Second..after the 2004 defeat the left ramped up its attacks on bush…saying, basically, we’ve been too easy on this guy..and they and the left.media went brutal.

So that’s what we can expect this time..a triumphant leftist party trying to dis-quality Rs from leading for the next 40 years.

So what to do? First, pick you fights very carefully…Second, hang together (i know Rs do not have the discipline for this)

Tax increases are easily rolled back. We also know that barry will Not touch Medicare/SS unless the Rs take the fall for it.

the tax increases should not be a fight…let them go up..this is NOT the hill you want to die on. And that goes for all R supporters..be smart, go long…and if the econ tanks because of the increases so be it.

Do NOT fight to cut Medicare…don’t be stupid.

r keller on November 27, 2012 at 11:24 PM

Good evening fair weather HA friends :-)

And with that I bid thee all a fond good night and please please

God Bless Us All!!!!

Sparky, say Hi to Lanceman for me ;-)

All of us deserve better than we have for a govt…

It won’t happen in my lifetime…

It will happen tho… :)

Scrumpy on November 27, 2012 at 11:26 PM

must be visualized..

Electrongod on November 27, 2012 at 10:46 PM

Maybe actualized. Maybe it was visualized before, is virtualized at present — maybe we atomize it later. :)

We can at least pike it as a warning. Vlad has a bad rap, but at least he stopped the damned invasion.

Axe on November 27, 2012 at 11:26 PM

How in the hell is anyone going to survive the next four years?

SparkPlug on November 27, 2012 at 11:27 PM

SparkPlug on November 27, 2012 at 11:24 PM

You, Dear Sir are a most agreeable Fellow!!

A good sort and a fine chap :-)

Scrumpy on November 27, 2012 at 11:28 PM

btw, here’s the cfnai indicator..scroll down to see the 3 month moving average. -0.7 is the recessionary level.

http://www.chicagofed.org/webpages/research/data/cfnai/historical_data.cfm

r keller on November 27, 2012 at 11:29 PM

Axe on November 27, 2012 at 11:26 PM

You Sir, are so good with words!!

I agree…

Scrumpy on November 27, 2012 at 11:29 PM

The US will never pull out of this recession. The policies being advanced by the party in power will destroy the dollar and will result in default. Quit pretending any other result is probable. Prepare for it. Prepare for the other side.

tom daschle concerned on November 27, 2012 at 11:29 PM

Might hang about a bit… needs me a cuppa tho!

Scrumpy on November 27, 2012 at 11:30 PM

How in the hell is anyone going to survive the next four years?

SparkPlug on November 27, 2012 at 11:27 PM

Castle shaped like a skull.

I dunno what the rest of you are doing.

Axe on November 27, 2012 at 11:30 PM

The gop is DEAD as a national opposition party.

Dead, Dead, Dead.

And you talk about GREED?……..NO ONE in the Private sector is as greedy as a politician in DC.

PappyD61 on November 27, 2012 at 11:34 PM

tom daschle:

You have made a good point, I have leaned that way for a long time, I am not worried for me, hell, I got 1 foot in the grave lol!

I worry for the young’uns…

But then again, what they never knew, they won’t miss will they?

It’s us older folk who know what is at stake here…

Maybe a few bright young’uns see the handwriting on the wall…

There is some hope :-)

Scrumpy on November 27, 2012 at 11:34 PM

Scrumpy on November 27, 2012 at 11:29 PM

Thanks Scrump. :) Hi Scrump!

Stepping out to make just one cup of coffee. One relaxing cup of coffee with which to unwind. And clear my head a little in case swearing is required.

Night feels hoppy somehow.

No one buy anything on the damned credit card while I’m in the kitchen.

Axe on November 27, 2012 at 11:35 PM

tom daschle:

You have made a good point, I have leaned that way for a long time, I am not worried for me, hell, I got 1 foot in the grave lol!

I worry for the young’uns…

But then again, what they never knew, they won’t miss will they?

It’s us older folk who know what is at stake here…

Maybe a few bright young’uns see the handwriting on the wall…

There is some hope :-)

Scrumpy on November 27, 2012 at 11:34 PM

Of course there is hope scrumpy, and it has a name, it is called Jesus Christ. He has already defeated all these losers. He holds the keys to death. He will judge at the Great White Throne.

Therein lies my hope. Political parties, politicians, grover norquists, GOP’s are nothing but ensured failure at this point.

The success of Obama and the democrat party do nothing but bring about JUSTICE at an increased pace.

tom daschle concerned on November 27, 2012 at 11:38 PM

Scrumpy on November 27, 2012 at 11:30 PM

I’m having some Camel Meal tea.

SparkPlug on November 27, 2012 at 11:39 PM

How in the hell is anyone going to survive the next four years?

SparkPlug on November 27, 2012 at 11:27 PM

I don’t know about the rest of you…

… but living in Southern California, I’m covered.

:)

Seven Percent Solution on November 27, 2012 at 11:40 PM

Tuning in to the news any more is so surreal… dream like… well more nightmarish than anything, I keep hoping I will wake up…

This once great nation is slipping away…

But ya know what? We have the end of the mayan calendar to look forward too right folks?

Maybe it will usher in an awakening, of our dumbass politicians and perhaps someone will see the light, and correct the ship, cuz we sure are steering it off the flat end and fast!!

Vallhallah!! Or Sea monsters or worse!!

Gawd help us mister…

Scrumpy on November 27, 2012 at 11:40 PM

Okay.. Let’s start with Ryan’s Medicare plan. We make the Ds swallow that and go first on the vote. Then we’ll talk taxes. Otherwise, LIB

Illinidiva on November 27, 2012 at 11:41 PM

We’re idiots for allowing “balanced” to be defined this way. There’s no magical fulcrum between spending cuts and tax increases that anyone should aspire to. This is more of that weird “moderate” worship, where you’re righteous some and sin some, to be a balanced person, where the court rules in favor of the constitution half the time, not to be extremest.
Axe on November 27, 2012 at 11:21 PM

+1000

We’ve had years of spending increases and in general, tax revenue has increased as well as the economy has grown. Remember, taxes are a percentage of income, as incomes go up, the amount of taxes paid goes up as well. Problem is, spending increases have always exceeded increases in taxes paid (except some sleight of hand during the Clinton administration). So now, instead of reigning in the spending, the idea is to increase the tax bill. … and as always, the democrats say, “increase taxes today, we’ll cut spending tomorrow”.

I’d agree that defense cuts would be on the table if they would cut out the process and other progress-impeding costs in the Pentagon, but that won’t happen, they’ll cut real defense meat before giving up all of the massive regulations in the FAR’s, the small, disadvantaged (it’s not a quota! quota) business requirements, etc.

AZfederalist on November 27, 2012 at 11:41 PM

SparkPlug on November 27, 2012 at 11:39 PM

hahahahahaha now that’s hilarious!!! I got yer drft tho… ;-)

I got the Earl here…

Goes by the name of Grey… some loony Brit chappy…

Good to sip tho…

Scrumpy on November 27, 2012 at 11:42 PM


Meanwhile……..Tear gas in/at Tahrir Square….(2)LIVE FEED(s)

Reuters Live Stream Monitor

http://reuters.livestation.com/demo

EGYPT LIVE
**********

http://live.reuters.com/Event/Egypt_5

canopfor on November 27, 2012 at 11:43 PM

The US will never pull out of this recession. The policies being advanced by the party in power will destroy the dollar and will result in default. Quit pretending any other result is probable. Prepare for it. Prepare for the other side.

tom daschle concerned on November 27, 2012 at 11:29 PM

Debasing the currency is a way to avoid default. If the debt is denominated in dollars, after a good, vigorous debasing, and after a cigarette, you can walk up and pay off your $920 billion with one of the new fancy $1 trillion dollar bills — coincidentally, the new minimum wage.

I think the plan might be: buy time for growth, inflate, buy time, inflate — crisis averted, 20 years from now, everything having gone well.

It has to be one or the other, though, doesn’t it? Default here and knock the currency into a cocked hat, or stave off the default through devaluing the currency.

Where’s Egg? I look to Egg for clarity on this crap.

Axe on November 27, 2012 at 11:44 PM

tom daschle concerned on November 27, 2012 at 11:38 PM

… and you are absolutely right. We know that in the end, Christ will reign and all of those who worship the beast (the state) now will find to their everlasting condemnation that they worshiped a false hope.

AZfederalist on November 27, 2012 at 11:44 PM

Thanks Canopfor!!

The ME is gonna blow up big time any time soon… methinks…

Round Two for the Egyptians… hope they are better organized this time around…

Scrumpy on November 27, 2012 at 11:45 PM

Scrumpy on November 27, 2012 at 11:42 PM

Love Earl Grey too but when i have Camel Meal Tea i prefer two humps of sugar.

SparkPlug on November 27, 2012 at 11:46 PM

Seven Percent Solution on November 27, 2012 at 11:40 PM

Funny 7%

*clink*

SparkPlug on November 27, 2012 at 11:47 PM

the tax increases should not be a fight…let them go up..this is NOT the hill you want to die on. And that goes for all R supporters..be smart, go long…and if the econ tanks because of the increases so be it.

Do NOT fight to cut Medicare…don’t be stupid.

r keller on November 27, 2012 at 11:24 PM

Let me guess… you are one of those who kept trumpeting in the last year that Romney was the most electable, ‘winningest’ candidate we could ever hope to put up against Obama, right?

As is typical of GOP moderates, no time is a good enough time to fight. We should always let it go and live to fight the major battles another day. Surprisingly, or not so surprisingly, that day never comes and the government keeps growing, spending keeps climbing….

And guess what. The only groups that are satisfied are the GOP moderates and Democrats while conservatives and the country suffer.

TheRightMan on November 27, 2012 at 11:48 PM

AZfederalist on November 27, 2012 at 11:44 PM

But in the mean time, we live…

I don’t live in a world with blinders on…

What is in place, is (according to the bible) ordained by God Himself…

Render unto Caesar and all that…

And we are gonna be a rendering plenty soon enough…

I render also unto God but not forgetting where I live…

Scrumpy on November 27, 2012 at 11:50 PM

As is typical of GOP moderates, no time is a good enough time to fight. We should always let it go and live to fight the major battles another day. Surprisingly, or not so surprisingly, that day never comes and the government keeps growing, spending keeps climbing….

TheRightMan on November 27, 2012 at 11:48 PM

Kind of like that massive ad blitz that was going to come. … and never really did.

AZfederalist on November 27, 2012 at 11:50 PM

Seven Percent Solution on November 27, 2012 at 11:40 PM

Funny 7%

*clink*

SparkPlug on November 27, 2012 at 11:47 PM

All I can hope is my a** is covered!

*Clinky*

Scrumpy on November 27, 2012 at 11:51 PM

Debasing the currency is a way to avoid default. If the debt is denominated in dollars, after a good, vigorous debasing, and after a cigarette, you can walk up and pay off your $920 billion with one of the new fancy $1 trillion dollar bills — coincidentally, the new minimum wage.

I think the plan might be: buy time for growth, inflate, buy time, inflate — crisis averted, 20 years from now, everything having gone well.

It has to be one or the other, though, doesn’t it? Default here and knock the currency into a cocked hat, or stave off the default through devaluing the currency.

Where’s Egg? I look to Egg for clarity on this crap.

Axe on November 27, 2012 at 11:44 PM

From what I understand there is nothing backing the debt at any level. It is all just vapor. The FDIC is a sick joke. The banks are using illegal accounting practices(AND BEING ENCOURAGED TO DO SO BY THE REGULATORY BODIES), there is nothing backing debt, worldwide. It is like musical chairs on the titanic after it hit the iceberg. Round and round it goes, where it stops…nobody knows.

tom daschle concerned on November 27, 2012 at 11:51 PM

Door number two, Alex.

2. A 2013 recession would be terrible for the country and terrible for the Obama Presidency. It would limit the President’s options across his entire policy agenda, economic and non-economic. And it could define and dominate his entire second term.

VorDaj on November 27, 2012 at 11:54 PM

Problem is, spending increases have always exceeded increases in taxes paid (except some sleight of hand during the Clinton administration). So now, instead of reigning in the spending, the idea is to increase the tax bill. … and as always, the democrats say, “increase taxes today, we’ll cut spending tomorrow”.

AZfederalist on November 27, 2012 at 11:41 PM

And the language is usually decrease the rate of increase, when it does come up. :)

tom daschle concerned on November 27, 2012 at 11:51 PM

Yeah. I’m with you. I wasn’t saying the plan would work. :) I think it’s psychotic.

Axe on November 27, 2012 at 11:55 PM

Where is the PrimordialOederedPair? Boy do I have some gibberish to mess with his head… BWAHAHAHAHAH…..

A little riddiculus gibberish

SWalker on November 27, 2012 at 11:55 PM

DOUBLE ALL TAX RATES and start taxing social security (regardless of additional income), medicare, medicaid, food stamps, Obamaphones, you name it.

The country voted for a European-style welfare state. Fine. It’s time that it got European-style tax rates to pay for it.

Eliminating the Bush tax rate cuts on the top 2% will raise about $80 billion per year. THAT’S IT.

The “We can have all of this and get the ‘evil rich’ to pay for it” BS that Obama the Medicine Man sold to the country needs to be exposed for the cr@p that it is. Time to belly up to the bar and pay the tab. From now on, pay first, drink later.

It’s time that EVERYONE put some skin in the game… including Peggy Joseph and the Obamaphone woman.

If Americans want a big government, make them pay for it. We’ll see just how big of a government they really want. I suspect that we will find that they want a much smaller government once they are on the hook for the taxes needed to support it. Right now, they believe that they can have a free lunch and stick the “evil rich” with the tab. Unfortunately for the clueless, there aren’t enough “evil rich” people to pay for the lunch to which the moochers believe they are entitled.

Resist We Much on November 27, 2012 at 11:56 PM

Funny 7%

*clink*

SparkPlug on November 27, 2012 at 11:47 PM

All I can hope is my a** is covered!

*Clinky*

Scrumpy on November 27, 2012 at 11:51 PM

*Clinky!*

:)

Seven Percent Solution on November 27, 2012 at 11:56 PM

Render unto Caesar and all that…

And we are gonna be a rendering plenty soon enough…

Scrumpy on November 27, 2012 at 11:50 PM

lol

Axe on November 27, 2012 at 11:56 PM

Axe on November 27, 2012 at 11:44 PM
tom daschle concerned on November 27, 2012 at 11:51 PM

Don’t you blokes know we are not to worry about such trivial matters?

What’s a few trillion trillion between friends eh?

Let the stupid ones think they are lining their pockets, let the pols think they are winning…

The few here who are the many, know more than any one pol on any given day!

The national debt in it’s entirety is beyond comprehension now, what the heck are we all worrying for eh?

What’s done is done, all we can do now is prepare as best we can, sit back and watch it all unravel, like pulling on a loose thread from a knitted sweater, the wearer soon is uncovered and naked…

Scrumpy on November 27, 2012 at 11:56 PM

i don’t know if this has been noted, but pretty ssd

http://www.powerlineblog.com/archives/2012/11/it-doesnt-pay-to-work.php

r keller on November 27, 2012 at 11:57 PM

What is in place, is (according to the bible) ordained by God Himself…

Render unto Caesar and all that…

And we are gonna be a rendering plenty soon enough…

I render also unto God but not forgetting where I live…

Scrumpy on November 27, 2012 at 11:50 PM

One of the struggles here is obeying the authorities and not rebelling. However, we do not elect a king in this country, the supreme law of the land is our Constitution; the President and all members of Congress take an oath to defend and uphold that supreme law. So, when the President and his regime, as well as Congress openly defy what the Constitution clearly states, who is in rebellion? Is it the citizens who are remaining loyal to the supreme law of our land or those who are usurping it? Does opposing the ones usurping the Constitution constitute rebellion, or opposing that rebellion? Does rolling over and saying, “Well, they are our elected leaders, we must obey them” make the person saying that be in compliance with the command to submit to the authorities, or complicit in committing rebellion against our established government? My thoughts are much more along the lines of defending and upholding the Constitution as the supreme law of the land and treating those who are violating it as those in rebellion. Others may come to a different conclusion. Now, that doesn’t mean that violent opposition should be mounted when a party does something mildly questionable or that could fall in a gray area; however, when a Congress does not pass a budget for four years when required by the Constitution to do so every year, when a President negates laws passed by Congress by fiat or just exercising his whim not to enforce duly passed laws, we have stepped into a serious Constitutional crisis.

AZfederalist on November 27, 2012 at 11:58 PM

EGYPT LIVE
**********

http://live.reuters.com/Event/Egypt_5

canopfor on November 27, 2012 at 11:43 PM

Isn’t today the day that the Muslim Brotherhood have their “Counter March” planned…?

Seven Percent Solution on November 27, 2012 at 11:58 PM

Blue Train

a capella on November 27, 2012 at 11:59 PM

SWalker on November 27, 2012 at 11:55 PM

OMG! By George my good fellow, you’ve got it!!!

You have discovered the answer to all our vexing problems!!

I am astounded at your skills!!

It is so clear now, why did I not see this before eh?

*FacePalm* ;-D

Scrumpy on November 28, 2012 at 12:00 AM

See Republicans, this is how it is done. Do you see any weak-kneed democrats out there talking about needing to put entitlement reform on the table? Do you see any discussion of how they can be bi-partisan in meaningful cuts? Or maybe proposing cuts now for some revenue in the future? No? So, why do you dingbats go wobbly every single frickin’ time? Grow a pair! Media won’t cover you when you call a press conference? Get in the cameras when they are with the democrats, get up on the podium and insist on equal hearing. The press isn’t going to love you any less or cover you any less favorably. Start making some noise you bunch of spineless RINO’s! I’m tired of this “tax increases today for a spending cut on Tuesday” BS.

AZfederalist on November 27, 2012 at 10:49 PM

The dems play chicken and the repubs play chickenshit. Instead of saying “go ahead, you are driving”, they worry about the outcome.

arnold ziffel on November 28, 2012 at 12:02 AM

AZfederalist on November 27, 2012 at 11:58 PM

I can’t really argue with you there, but whether Kings or Presidents, Laws of the land and the Constitution…

We all know what is happening to it (Constitution), plain as day.

Where was I going with this????? My ‘duh’ moment…

I lost it, sorry… maybe next time…

Scrumpy on November 28, 2012 at 12:04 AM

when i have Camel Meal Tea i prefer two humps of sugar

SparkPlug on November 27, 2012 at 11:46 PM

Pure genius.

You should be squeezed and bottled for later use.

Axe on November 28, 2012 at 12:05 AM

**** Goon-Alert ****

Egyptian security forces are using tear gas against early-morning protesters in Tahrir Square – @AlArabiya_Eng

4 mins ago by editor

canopfor on November 28, 2012 at 12:06 AM

A little riddiculus gibberish

SWalker on November 27, 2012 at 11:55 PM

But what am I looking at?

Axe on November 28, 2012 at 12:07 AM

SWalker on November 27, 2012 at 11:55 PM

OMG! By George my good fellow, you’ve got it!!!

You have discovered the answer to all our vexing problems!!

I am astounded at your skills!!

It is so clear now, why did I not see this before eh?

*FacePalm* ;-D

Scrumpy on November 28, 2012 at 12:00 AM

Why spank you Scrumpy… I just knew somebody would recognize it… ;)

SWalker on November 28, 2012 at 12:08 AM

https://www.facebook.com/sarahpalin/posts/304661786301582

Politicians. Were they lying then or are they lying now?

America, Inc – ForAmerica’s Bozell calls out GOP leadership on Fiscal Cliff
http://www.foramerica.org

Speaker John Boehner, Leader Mitch McConnell, Majority Leader Eric Cantor, and Minority Whip John Cornyn
United States Capitol
Washington, DC 20215

November 27, 2012

Speaker Boehner, Leader McConnell, Majority Leader Cantor, and Minority Whip Cornyn,

The 2012 election is over and now is the time to focus on delivering on the promises you made to the country during the campaign.

With the so-called “fiscal cliff” rapidly approaching, both sides are making opening gambits and the talk so far is alarming. You led the Republican Party for two years claiming emphatically that the tax increase on “the wealthy” that Barack Obama is determined to enact is really a devastating tax hike on small business owners that would kill jobs and decimate any kind of economic recovery. Now conservatives see daily stories asserting that the GOP agrees with the President that “revenues are on the table” and GOP elite are all over the airwaves asking if the Tea Party will care if “a few multi-millionaires pay more in taxes.” That talk is only embolding liberals to demand even higher taxes. New York Times columnist Paul Krugman and others are openly calling for a return to taxing Americans in the top rate at 91 percent. Yes that’s ludicrous, but liberals feel comfortable making such outlandish proposals because they feel you are weak enough that you will continue to surrender to evermore higher taxes having capitulated once already. They will never be satisfied. You know that.

Conservatives have one question to ask: If you now claim a tax increase on small business is the correct course of action, were you lying all along when you claimed this tax increase would decimate the economy? Because if you were not lying, you will now be willing participants in the destruction of American jobs in a time of economic crisis. This is the question you must answer, given the posturing of many Republicans in the immediate aftermath of the election.

However, if the GOP wakes up and decides that the principles they fought for during the campaign were more than empty political posturing, there is another option. The Congressional Budget Office (CBO) recently released a report which makes clear that if the fiscal cliff is ignored, once again punting the ball away, federal public debt as a percentage of Gross Domestic Product (GDP) – currently at a 60-year high of 70 percent – would skyrocket to a catastrophic 90 percent. The CBO report provides options for reforming the biggest drivers of our long term debt – entitlements – and to no one’s surprise two of the biggest steps that Congress can take toward getting our fiscal house in order are: repealing ObamaCare’s gigantic insurance subsidies and repealing the individual mandate. According to the CBO, repealing ObamaCare’s insurance subsidies would save $150 billion in 2020
alone. Similarly, repealing the individual mandate would save $40 billion in 2020 alone.

If the GOP is really serious about doing something about out-of-control spending and about honoring their commitments to the American people, then here is the path to follow. It’s a path laid out by independent experts which reins in spending, prevents us from going over the fiscal cliff, and undoes the largest federal power-grab in American history. It’s what you promised the American people.

Either Republicans are serious about honoring their commitments, in which case they will accomplish this through the power of the purse, or Republicans are not serious about their promises, and will ignore the solution. Either/or, no other options. No more excuses, no more rhetoric. No more meaningless half measures. Take the correct course and America will thank you for saving us from the coming disaster, or take the wrong course and co-own the disaster while being exposed as fraudulent to your constituents.

Sincerely,

L. Brent Bozell III
Chairman, ForAmerica

We need a TRUE Conservative to lead the party.

PALIN 2016

ChuckTX on November 28, 2012 at 12:08 AM

Egyptian security forces are using tear gas against early-morning protesters in Tahrir Square – @AlArabiya_Eng

4 mins ago by editor

canopfor on November 28, 2012 at 12:06 AM

What part of “I’m in control now” do these people not understand? :)

Puh. Real tyrant would use nerve gas.

Axe on November 28, 2012 at 12:09 AM

***Alert ******

l Arabiya English ‏@AlArabiya_Eng

#Brotherhood offices torched in #Egypt as protests decry power grab http://english.alarabiya.net/articles/2012/11/28/252188.html

Al Arabiya English ‏@AlArabiya_Eng

#BreakingNews: Egyptian security forces are using tear gas against early-morning protesters in #Tahrir Square. #Egypt

https://twitter.com/AlArabiya_Eng

canopfor on November 28, 2012 at 12:10 AM

A little riddiculus gibberish

SWalker on November 27, 2012 at 11:55 PM

But what am I looking at?

Axe on November 28, 2012 at 12:07 AM

Well, it’s either the deluded ramblings of a twisted mind, or a Mathematical definition of Quantum Gravity. Sometimes I have trouble telling which one it is… o_O

SWalker on November 28, 2012 at 12:10 AM

My thoughts are much more along the lines of defending and upholding the Constitution as the supreme law of the land and treating those who are violating it as those in rebellion. Others may come to a different conclusion. Now, that doesn’t mean that violent opposition should be mounted when a party does something mildly questionable or that could fall in a gray area; however, when a Congress does not pass a budget for four years when required by the Constitution to do so every year, when a President negates laws passed by Congress by fiat or just exercising his whim not to enforce duly passed laws, we have stepped into a serious Constitutional crisis.

AZfederalist on November 27, 2012 at 11:58 PM

My response was right there!!

WE ARE in a crisis Constitutionally… and it seems that no matter who we elect, the DC ‘poison’ gets in their veins, and they fall prey to the ‘sickness’ that is DC!!

The only other alternative is, well we know what it is…

We can peacefully make protest or… well the latter is almost unthinkable isn’t it…

How does one make the ‘ruling’ class listen to a hounded and lied about and suppressed ‘underdog’?

Don’t we already have oodles of blogs etc on our side?

What needs to be done will take 2 or 3 generations, and it has to start IN THE HOME!!!! To be of any good or effective…

Scrumpy on November 28, 2012 at 12:11 AM

canopfor on November 28, 2012 at 12:06 AM

What part of “I’m in control now” do these people not understand? :)

Puh. Real tyrant would use nerve gas.

Axe on November 28, 2012 at 12:09 AM

Axe:

Lol,nerve gas,maybe if they camped out in a Movie theatre,
like the terrorist goons did in Russia,a few years ago:)

canopfor on November 28, 2012 at 12:11 AM

I need 2 more humps in me tea!!! :-)

Scrumpy on November 28, 2012 at 12:13 AM

Current time in Egypt!

7:12am Wednesday (EET) – Time in Cairo, Egypt

http://www.timeanddate.com/worldclock/city.html?n=53

canopfor on November 28, 2012 at 12:13 AM

UGH……another Republican is going to be out!

Report: Virginia Lt. Gov Bill Bolling is expected to drop out of next year’s gubernatorial race Wednesday morning – @politico

20 mins ago by editor

https://twitter.com/politico

canopfor on November 28, 2012 at 12:17 AM

According to the CBO, repealing ObamaCare’s insurance subsidies would save $150 billion in 2020
alone. Similarly, repealing the individual mandate would save $40 billion in 2020 alone.

OMG… This is just a teensy drop in the bucket of the deficit!!

What the bloody hell will THAT accomplish?

That smacks of saying “wow lets tax the wealthy” to solve our debt crisis…

It is MEANINGLESS!!

Scrumpy on November 28, 2012 at 12:19 AM

Funny 7%

*clink*

SparkPlug on November 27, 2012 at 11:47 PM

All I can hope is my a** is covered!

*Clinky*

Scrumpy on November 27, 2012 at 11:51 PM

*Clinky!*

:)

Seven Percent Solution on November 27, 2012 at 11:56 PM

Seven Percent Solution:

*Hot D*mn,the *Clinky* went clear across a sh*t-load of
States,and made it into Canada…….haha….

******Clinky****—–:)

canopfor on November 28, 2012 at 12:20 AM

Well, it’s either the deluded ramblings of a twisted mind, or a Mathematical definition of Quantum Gravity. Sometimes I have trouble telling which one it is… o_O

SWalker on November 28, 2012 at 12:10 AM

I wouldn’t be the one to ask.

I enjoyed the sigma, infinity, where n1 equals negative infinity, dot dot dot. :) And L squared multiplied by the coordinate: inverse of A or G, micro to the zeroth power — was obviously inspired.

So … keep at it. Or see a doctor. Either way. *cheers*

Axe on November 28, 2012 at 12:21 AM

Oh boy,the Tear gas is launching steady….haha,ahem!

canopfor on November 28, 2012 at 12:21 AM

*Needs more cowbell.

Axe on November 28, 2012 at 12:23 AM

Well ya’ll good night. I’m out for the night.

AZfederalist on November 28, 2012 at 12:23 AM

I’m not in the Let.It.Burn camp. Gack, I don’t know what camp I am in. I really would appreciate it if someone would explain the benefit of the Let It Burn approach. I mean, I get that it would be nice for the Dems to have to OWN their destruction (for once), but I’m not sure it would play out that way.

I guess my concern is that if/when the whole thing comes crashing down, wouldn’t that be the ideal time for Obama & his thugs to swoop in and implement even more programs that place even more of the citizenry in a dependent-on-the-govt position? How does that help the conservative cause?

I’m truly seeking a response here. Maybe I’m just misunderstanding the meaning and repercussions of the L.i.B. thought process.

4Grace on November 28, 2012 at 12:24 AM

Yes, if you can’t tell I am disillusioned by the current GOPers and I will say the TEA Party…

It’s been said before, they ain’t got any balls…

There is no ‘Knight in shining armour’ who will come riding in on a white steed, which blows fire from it’s nostrils…and sparks from its horseshoes that would set a ‘fire’ under someones a**…

L.i.B…

Let them wrangle our fate… it is out of our reach…

The GOP IS dead

Scrumpy on November 28, 2012 at 12:25 AM

EGYPT LIVE
**********

http://live.reuters.com/Event/Egypt_5

canopfor on November 27, 2012 at 11:43 PM

Isn’t today the day that the Muslim Brotherhood have their “Counter March” planned…?

Seven Percent Solution on November 27, 2012 at 11:58 PM

Seven Percent Solution:

Oh crap,thats right,oh,I hear the ambulances,

heres the MB Goons Twiiter!
===========================

https://twitter.com/Ikhwanweb

canopfor on November 28, 2012 at 12:26 AM

So … keep at it. Or see a doctor. Either way. *cheers*

Axe on November 28, 2012 at 12:21 AM

Yea, probably ought to see a doctor, an get a lobotomy or something, might make those damned equation go away and quit bothering me. ;p

SWalker on November 28, 2012 at 12:28 AM

Well ya’ll good night. I’m out for the night.

AZfederalist on November 28, 2012 at 12:23 AM

AZfederalist:Good Night AZF:)

canopfor on November 28, 2012 at 12:28 AM

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