Tomorrow, Thursday, had the potential to be a very bad day. I had half prepared
myself to watch my RSP's tank, resisting the paranoid view that it need be
turned into a few small bits of gold. I wondered if my AF home was going to be
worth eight dollars by the end of the week. I'm out of the country right
now but was ready by noon today to transfer as much as I could out of the US
banking system and get ahold of a bunch of cash. US cash; I don't think
there was going to be a problem with getting Canadian dollars. I'm not sure
it was all the right thing to do but I do know this; this isn't how to run
the railroad. We've got to do better than these childish antics. We dodged
the proverbial bullet here, but only by kicking the metaphorical can down the
road. This exercise looms yet again in our future. Have we learned anything
So, back to business as usual. Spend money we don't have and borrow like
there is no limit. All this does is embolden His Majesty and give
him the political clout to do anything he wants.
Anyone with the smallest amount of civics knowledge and experience with our
modern political system knew the Republicans had zero chance of winning this
battle. It baffles me that they even attempted it, knowing it was a lost cause,
and knowing the damage it would cause.Their naivety and hubris will
be punished in the 2014 midterm elections.
Certainly worth slipping in that 3 billion to a Kentucky project (hmm, I wonder
which senator wanted that) and also added in McConnell's debt ceiling
trick. You see, apparently they passed something in this deal where the next
time they want to increase the debt ceiling they'd have to vote to NOT do
it instead of voting to do it. Obama can then veto it and unless they can
override it the next debt ceiling increase goes into effect.
I am so proud of President Obama. He stood his ground and did not cave to the
tea party. I know he did it for the good of our country. The tea party showed
their true colors of how dysfunctional they are. Hopefully we can recover from
the damage they did and get back on the right track.
It may be difficult to win back the trust and support of the American people if
the federal government continues spending at unsustainable levels.I
don't understand where and how the complacency has set in. I can understand
past decades of deficit spending...we were naive and ignorant. But $17
trillion, and $70 Trillion including unfunded liabilities, is unthinkable. We are on course to spend nearly $400 billion in interest payments
alone. What would have, what will happen, when interest rates increase? How
will we be able to pay $1 Trillion in interest?We need adults to
represent us in the White House and Congress. We need people who will go to DC
and pass a budget (hasn't been done in 4 years), and more specifically a
budget that balances/doesn't borrow more money. This will require cuts to
programs: entitlement programs and defense spending. It must be done.Then we must begin paying down our debt so it doesn't enslave future
generations.Anything short of this is "unpatriotic", in the
words of Senator Barack Obama.
I tell you right now....if that guy Obama and his liberal socialist followers
don't agree to cut, cut and cut some more on Social Security, Medicare,
Medicaid, farm programs and all the other welfare programs....and NOT raise
taxes one single cent on our job creators....if they don't agree to do
those things in order to save OUR America...in just a few short months we
TeaPublicans WILL shut down the government and we WILL force a government
default on paying obama's bills....and we will NOT back down the next time!
You have been given fair warning....make those cuts TEaPublicans are
demanding....or America and the whole world will suffer because of your lack of
courage! Yes folks, we TeaPublicans ARE taking back OUR America in 2014 n 2016.
"P n P" in 2016.....Perry n Palin....yes folks it IS going to happen!
Hurray! We are SAVED!!We're still borrowing money at a rate
that we can't pay it back. We still haven't balanced the budget. WE
have raised taxes, but, haven't made any cuts.It's just
like having the captain of the Titanic announce "open bar" while the
boat is sinking. "Just stay on the ship a little longer, while we get the
wealthy off of the boat first...."
There was never any chance of default, unless Obama decided to pull another
"make things as painful as possible," defy the LAW and somehow block the
required distribution and debt service payments using the billions of week to
week tax money that continuously rolls in. Obama will now continue
his Imperial Presidency, with virtually no opposition, spending more money and
refusing to control spending.
@ Schwa South Jordan, UTYou said, "knew the Republicans had zero
chance of winning this battle. It baffles me that they even attempted it,
knowing it was a lost cause, and knowing the damage it would cause."I can't believe we keep borrowing money we cannot repay. Do you
know the damage that will cause? I suppose a collapse of our financial system
means little to you....The same thing was said when a small group of
people stood up to the motherland and the most powerful military and navy at the
time. A few years later a new nation was born where people had liberty and
freedom. Which the socialists and left wing of the country have slowly eroded
along with others, until we are slaves to our master "debt" and
usury.Good job! Hope and change! Anything to get that golden egg,
even if you have to kill the hen to get it.
If the reasonable people of this country let them, the GOP and their ideologues
will destroy this great and secular representative republic. Fortunately, the
GOP and their ideologues are going the way of the dinosaurs and the sooner the
The republicans are eagerly and enthusiastically paving the way and rolling out
the red carpet for our next President, Hillary Clinton.
I like how low the approval rating is for congress, but next election we will
probably elect over 90% of them back into congress again. We as citizens like to
forget the past and relect the same old people like our senator Hatch. But
atleast we know that next election Hillary Clinton will win since the Tea Party
help weaken the republicans. Thank you Tea Party members.
The knife has been stuck in the Tea Party. It is a self inflicted wound. Now,
Tea Party, why don't you just keep twisting it in 2014? I have
to remind you all the time that much of the deficit and a whole lot of the
national debt is due to Republican malfeasance leading to two unfunded wars. a
tax cut that mostly benefited the wealthy, and a drug benefit package that was
never paid for, not to mention Republican sponsored deregulation that created
the basis for a financial disaster in 2008 that continues to this day. Do you
really think that shutting down the government is going to help that?
"As the deal neared final passage in the House Wednesday, Obama said it was
now time for leaders in Washington to win back the trust of Americans that was
lost during the debt-and-spending crisis.""Trust"? NOT
GOING TO HAPPEN. Except for 20 or 30 fiscally responsible individuals (Mr. Cruz
and his ilk), the rest of Washington are self-interested hucksters.Unless we cut about HALF the Federal spending, all is lost. That is the only
way we reverse the National Debt. That is the only way we allow our free market
economy to thrive. That is the only way we can afford to continue to lead the
world.Again, NOT GOING TO HAPPEN. We are circling the drain. See
y'all in the pipes.
I've read through the article and all of the comments, and what I see is
relief that the inevitable has been postponed. However, it is still inevitable,
and to paraphrase liberal ted; "Welcome to the Titanic, have another
drink" not just the wealthy, but all of us will sink!
Yes, what a victory for the Democrats! More free money for everyone in
government! What's another trillion dollars debt every year to them? There
are no consequences if you have a money printing press, right? Be irresponsible
and spend, spend, spend, tax, tax, there are no consequences are there?
Very disappointing. Had hoped we'd have the intestinal fortitude as a
nation to see this through to a complete default/reboot of our government...
instead we chickened out and issued the government another credit card. We are
Glad he is not controlled by the tea party.
Once the system collapses. This is a possible result. We all know that the
democrats, liberals, the left or whatever you want to call those that desire to
destroy this nation; would like to fill the "vacuum" with their
ideologues and gain absolute power. You have "middle America" that will
be ticked off, confused and poor. Then you have us Tea Party members that will
stand for liberty and push to take this country back. Which though it will be
tough. However, we don't need to go to the courts and fight our case with
an activists judge. We don't have to talk to corrupt leaders. We
won't have to try and reason with those who refuse to take care of
themselves.When it becomes every man for himself. I have greater
faith that the Tea Party will rise to the top.That's what has
happened time and time again in the history of the world.That's
right barack. The Tea Party is on the right side of history.
Thank goodness idiocy was pushed aside until January 15th at least. I wonder
what will happen then? It's a shame that our country has to suffer this
embarrassment at the hands of few who's hatred for our President is so
transparent that they would risk the fate of our country just to say "I told
you so". My Lord in Heaven what have we become? Even back in
2008 having the Republicans/Tea Partiers stand up and demand a reduction in
National Debt and claiming it was for future generations was and is like
watching your house burn down and then calling the Fire Department. The damage
is done folks. We need leaders who are less worried about who
someone marries and more worried about facing and fixing the difficult issues
this country faces. You want the Government to shut down? You want anarchy?
When our Government fails you think you can defend your home on an advancing
army with the guns you have in your basement? The blood is in the water folks
and the other countries can smell it.Be careful what you wish for
Tea Partiers and Some Republicans you might just get it!
It never ceases to amaze me that the Tea Party Republicans continue to snatch
defeat from the jaws of victory. They have damaged the Republican brand beyond
repair and will likely not live to fight another day. Ladies and Gentlemen - in
case you forgot - it is winning the war, not a single battle that counts - but I
guess that is too "old school".
Look, the debt ceiling only has to be increased because Congress keeps
authorizing the spending. Don't mess with the full faith and credit of the
US. If you want to force spending cuts then there's one simple solution...
don't pass them in the first place. Incidentally they did both last night
since they ended the shutdown too. Even with the Paul Ryan budget we'd have
had to raise the debt ceiling by 5-6 trillion over 10 years.
Thing haven't changed much in America. Go back 250 years ago when King
George (Barrack) demanded more taxes, more submission and more control over
people's lives. The freedom loving patriots in America said no! Other than
a few names and faces, what's changed in America? Big government wants
more control, more money and more power and the true patriots want self
government. Different times, same struggle for freedom! Sadly the majority of
greedy Americans have traded freedom for entitlements which the rest of us have
no hope of paying for. We just added another trillion to the national debt
ceiling and the King (Obama) said, "its not new debt". Makes me feel
better doesn't it you?
If the government of the United States were a business - it would be long out of
business. Gigantic debt - unfathomed waste and abuse - no balanced books or
budget - horribly inefficient in all its branches and it just gets worse every
passing month and year with NO END in sight. As for the CEO - he would have been
run out of town on a rail for driving the stock of the corporation into the
ground. The sorry thing about this budget is - it will all have to be revisited
after the first of the year with the same stupid partisan politics being played.
Harry and Barack setting in corner with their marble bag refusing to play with
the other kids and their lap dog media belching out the smoke screens.
We were meant to be separate, sovereign states -- United. Not one big federally
controlled and FUNDED mass. One thing that happened, temporarily anyway, with
this shut down is that the states, as they should, took over funding of national
parks. One thing that happens now, that shouldn't, is that the federal
government is supposed to bail out Colorado (where I live btw) from flood damage
versus the other states (if they wanted to) offering assistance.Here
is the heart of the matter. People expect the federal government to pay for
everything, stick their fingers in any affair and to provide the over arching
decision to every consideration. Problem is those bottomless pockets upon which
we all rely, who simply just declare their own credit increase -- is us.The recent shut down hurt because -- we're bloated and spending
what we don't have for everyone's favorite industry or cause. It
needs to come to a crashing halt! So we can pick-up the pieces, re-set our
priorities within our budget and set out to pay our debt off rather than
infinitely increase it.
Senators are supposed to have vision.Cruz and Lee have tunnel vision.
@RSLfanalways"...I like how low the approval rating is for
congress, but next election we will probably elect over 90% of them back into
congress again. We as citizens like to forget the past and relect the same old
people...".Exactly.Electing the same people over and
over and over...(electing/re-electing the same person 6 times ring a bell for
anyone?) and expecting a different result is the definition of insanity.The solution(s) is(are) available, for Americans to end this
madness...yet for some reason Americans do not have the will to solve the
Do either political party have ANY relevence whatsoever anymore? (besides
tacking on more "pork")to every piece of legislation that comes from Mr.
Reid or Obama.As near as I can tell the whole Congress may as well
be put on furlough. Its' Obama and Reid who unequivacably control the
government. All the rest of the "players" (with a very few exceptions)
merely act as a cheerleading squad.
@Patriot:But it is not a business. A government cannot, nor should
not be run like a business. A business has a profit margin to think about, and
a government, if run properly has the welfare, safety, liberty, and property of
the people in mind. Conservatives and Liberals have and always will argue over
how best a government should be run in order to meet the needs of its people,
but that is counter to how a business should be operated. People are not
products, they are not assembled or manufactured, and they are not customers.
Further, concepts like democracy and liberty cannot be treated as marketable
products.A government, if it is going to work, cannot operate like a
business. It cannot be concerned with the trivialities of a business. It must
operate independently from the constraints of a single, myopic philosophy,
providing access to rights to all its citizenry. Yes, too much debt is bad,
and taxes, like Oliver Wendell Holmes said, are the price one pays for living in
a civilized society. However, the analogy of government as business is not a
goo or proper one.
some ought to stick with poetry as they know nothing about reality
Does Obama think he is a hero now? He's dragged everything out to the very
end. In order for the American people to have respect and recognize him as a
decent man he has to show that he is and so far he is dwindling in our
estimation. Our country deserves better and hopefully soon we will get that.
We are repeatedly counseled to live within our means.My State of
residence (Texas) does exactly that, without inflicting an income tax on its
residents.It is high time we elected Federal officials and forced
them to do the same.
So sick of all the shut down sob stories....and endless blame stories. I
couldn't care less....if I cared any less I would care backwards.
President Obama is the best President we have had since Reagan. He stood his
ground and I commend him. This was all about a law AHC. A law that was properly
made and then challenged by the obstructionist Republican Party in the Supreme
Court and then upheld. Even though our President was elected by a clear majority
there is still hate coming from the God party towards him. Some of the very
right extremists who claim to be Christian have not been acting like Christians.
Then the same Senators that created the shutdown over this law led a protest at
the Vetrans memorialand that protest took down the barriers in violation of the
law. If it was anyone else they would have been arrested. It seems as there is
no longer Liberty and Justice for all but Liberty and Justice for some. America
is hurting folks.
Once again, Obama is the anointed savior.
A sure fire way to assess whether or not the populace trusts the Gov't is
their willingness to take up arms and make the ultimate sacrifice. The last
time that happened, it was in response to an oppressive regime that was
overtaxing and not responding to the electorate and actually defined our nation.
This has happened three times in our history, the first one was in Concord, MA,
the next was in the Berkshires and most recently was in Fort Sumter. The only
thing keeping revolution at bay, right now, is that the populace has been doped
into submission ... but there is a growing segment of society that has had it
with all of the monkey business and fear mongering to keep us in our places.
I really don't know! Will someone please explain?If our
country, with its seventeen trillion dollar debt,--were to default. What would
happen? Do we foreclose,-and what would that be like? Do we lose our
properties?Obama says we can't pay our bills without raising
the ceiling. Will the day come, when we can't raise the ceiling any more?
For those federal employees who did NOT work ("non-essential") during
the shutdown, their backpay had better come out of THEIR OWN Personal-Leave
account ("paid vacation time")!If they did NOT work during
the shutdown, then that needs to be accounted as paid-vacation time, and pull
their back-pay out of their PPL (or whatever the government calls accrued
vacation time).If not.... then hundreds of millions of hard working
(and voting) Americans are going to be all-the-more disenchanted with how our
government is run!