congress and the debt ceiling..

[ruffryder]

Does Obama have alzheimers??
http://www.fiscalcommission.gov/sit...files/documents/TheMomentofTruth12_1_2010.pdf

He already had a debt commission that put together a detailed report...maybe he didn't get the report because he sure hasn't followed any of their recomendations. Maybe another group of guys can put together a different report to ignore.
Let me guess....close to election time the recomendations will be something popular with the voters (tax the rich) and he is just the man to implement those trendy ideas. It will also cater to those that have donated generously to his campaign fund (looks like wall street still likes him to the tune of $60 million recently) ...why is this crap legal????

I think this is more an example of congress vs the president, legislative vs executive, battles. I think there is more of this going on then what most people realize. Don't know though, but it seems to me like a reasonable assumption..

I think congress only likes presidential input when they can use it against him.

 

[DOO DAWG]

Wilderness Society is screaming bloody murder that their pet projects against folks like us may not get funding now .tsk,tsk.
also all over those signed up (I am)for their alerts to take action to block the roadless release act.
I did with a little personal touch.......


I strongly SUPPORT H.R. 1581, the Wilderness and Roadless Area Release Act, which is NOT a wholesale assault on popular policies and laws, and would open tens of millions of acres of areas on our national forests and are not suitable for wilderness designation as they are managed now.

The landscapes that would be affected by H.R. 1581 provide benefits to local communities: clean air and water, habitat for wildlife, tourism and recreation. But only if it is accessible to the general population, not just the young and fit!

This is NOT a radical and extreme piece of legislation that is distinctly out of step with the wishes of the majority of Americans. I urge you to SUPPORT the Wilderness and Roadless Area Release Act, HR 1581.

and here is their thank you
Thanks for taking action opposing H.R. 1581, the Wilderness and Roadless Area Release Act, which would open precious wild areas to industrial development. Have a look at some of the places at risk because of this legislation.
Your message has been sent to the following decision makers:

• Representative Rick Larsen

Also an interesting read
http://www.wnd.com/?pageId=56494

 

[POLZIN]

Also an interesting read
http://www.wnd.com/?pageId=56494

Id like to see what he has to say about religion?

 

[WyoBoy1000]

Id like to see what he has to say about religion?

Self Medication!

 

[POLZIN]

Self Medication!

for crazy people maybe !

 

[winter brew]

Officially downgraded.....thank you mr Obama.

 

[Mafesto]

Officially downgraded.....thank you mr Obama.

Change

 

[ruffryder]

Officially downgraded.....thank you mr Obama.

So 20 years of money mismanagement by the federal government and most people of the country is Obama's fault?

I don't think the situation will get any better till we can get past the blame game..

 

[diamonddave]

So 20 years of money mismanagement by the federal government and most people of the country is Obama's fault?

I don't think the situation will get any better till we can get past the blame game..

Ding ding ding.

Actually, while I believe he is doing a $hit job, he caved in on everything the Right wanted anyway so if you want to blame him for something this time, blame him for being a lay down. I wish I could negotiate with people like him.

Didn't Boehnor (sp?) say he got 98% of what he wanted...????

And no revenue? I can't believe the right could actually be pi$$ed off at the guy. He caves in on everything.

Don't forget, he went along with extending the Bush tax cuts ALSO. Remember how the Right told us that it was dire to extend them or the "job creators" might not create???

What's happened since then?

Couldn't the oil companies have kicked in just a tiny little fraction of a percent on this go around?

NO

 

[snowmobiler]

"What's happened since then?"


vacations,golf,spendy dinners,more golf,more vacations.

 

[MORSNO]

Can't get much done when you go on vacation every time there is work to do...and don't forget, lots of GOLF.

 

[ruffryder]

From yahoo news article

The back and forth came after Standard & Poor's, one of the world's three major credit rating agencies, cited "difficulties in bridging the gulf between political parties" as a major reason for the downgrade from U.S.'s top shelf AAA status to AA+, the next level down. The rating agency has essentially lost faith in Washington's ability to work together to address its debt.

Interesting that it seems the S&P seems to be the only one that cares that the inability for congress to function is a major hurdle for the US to improve itself. I guess the rest of us are too busy blaming the other side...

This is getting pathetic... I think I am not going to vote for any incumbants in the next election...

 

[POLZIN]

From yahoo news article
Interesting that it seems the S&P seems to be the only one that cares that the inability for congress to function is a major hurdle for the US to improve itself. I guess the rest of us are too busy blaming the other side...

This is getting pathetic... I think I am not going to vote for any incumbants in the next election...

given your record I would ask that you skip it all together!

 

[winter brew]

I am placing 90% of the blame on Obama.....he's driven up the debt and spent like no president has ever done. He spent nearly a trillion on bailouts of private business that should have gone through the bankruptcy process. The cost was over $300,000 per job saved!
He already put together a debt commission early in his term and has ignored their warnings and recommendations. That is just irresponsible. The entire debt ceiling fiasco and the downgrade was avoidable if he had only followed the advice of his own advisors. He is too arrogant to listen to others....I'm not so sure he isn't intentionally driving the US into the ground as his Columbia economic professors would be so proud.
If Obama had his way on lifting the Bush tax cuts, you would have lost your child and marriage deduction....because Obama cares about the little guy....right. He's a criminal.

 

[ruffryder]

He already put together a debt commission early in his term and has ignored their warnings and recommendations. That is just irresponsible. The entire debt ceiling fiasco and the downgrade was avoidable if he had only followed the advice of his own advisors.

The daily show with John Stewart had an interesting interview with Senator Dick Durbin (D - IL).
FYI, he was on Simpson - Bowles, and the gang of six.

http://www.thedailyshow.com/extended-interviews

Note that the debt reduction commissions / committees (Simpson - Bowles, the gang of six) were created of Senators and Business representatives for CONGRESS to act on. I am not sure what role the president has, if any, on passing a budget. He can offer ideas and plans, but that is it. The responsibility for passing a budget or making changes to spending is the realm of congress only.

It is an interesting political system we have, isn't it?

Take it as you want, but I thought it was interesting... Note there are three parts to it.

 

[DOO DAWG]

Now aren't these the SAME AR$$HOLES that allowed the sub prime mortgage mess to develop by getting their pockets lined???????

 

[snowmobiler]

double dip omama.were screwed.

 

[94fordguy]

Lol... and this is 2 years old too!

 

[winter brew]

The daily show with John Stewart had an interesting interview with Senator Dick Durbin (D - IL).
FYI, he was on Simpson - Bowles, and the gang of six.

http://www.thedailyshow.com/extended-interviews

Note that the debt reduction commissions / committees (Simpson - Bowles, the gang of six) were created of Senators and Business representatives for CONGRESS to act on. I am not sure what role the president has, if any, on passing a budget. He can offer ideas and plans, but that is it. The responsibility for passing a budget or making changes to spending is the realm of congress only.

It is an interesting political system we have, isn't it?

Take it as you want, but I thought it was interesting... Note there are three parts to it.

So they are not only kicking the debt can down the road, but they are also kicking the other cans that have a potential "fix" for the first can.
I think Obama has the power to push this, as he is the one responsible for putting these debt commissions together in the first place. He is not "pimping" these plans with the American public....he is ignoring them as they would restrict just about everything he wants to do which involve spending alot of $$ and adding to the debt....the opposite of what these plans suggest doing.
Now we have yet another commission so it buys him more time where it "appears" they are making an attempt at coming up with a debt plan. This gets his through to election time without having to make the hard choices and pissing off any segment of voters besides the conservatives that won't vote for him anyway.
Hopefully by then enough people can see through this and where his policies are leading us.
The President wanted ONLY a straight debt ceiling increase....which would have been even worse for the credit rating than what was eventually passed. He was given fair warning by the credit agencies that we MUST cut at least 4 trillion over 10 years to avoid a downgrade. The only ones that listened to this warning and were willing to do this were labeled as Terrorists.

 

[ruffryder]

I think Obama has the power to push this, as he is the one responsible for putting these debt commissions together in the first place. He is not "pimping" these plans with the American public....he is ignoring them as they would restrict just about everything he wants to do which involve spending alot of $$ and adding to the debt....the opposite of what these plans suggest doing.

Not sure what pimping the plans will do. It is congress that figures these things out. The commission can only make suggestions. I think Obama was in charge of creating the first commission. The gang of six was a group that wanted to keep going (after the original group voted down their plan). Congress created the last commission, the super congress.

Now we have yet another commission so it buys him more time where it "appears" they are making an attempt at coming up with a debt plan. This gets his through to election time without having to make the hard choices and pissing off any segment of voters besides the conservatives that won't vote for him anyway.

Couldn't this same thing be said for all of congress? That none of them want to be signing onto a bill that actually solves the problem because it will piss everyone in America off?

The President wanted ONLY a straight debt ceiling increase....which would have been even worse for the credit rating than what was eventually passed. He was given fair warning by the credit agencies that we MUST cut at least 4 trillion over 10 years to avoid a downgrade. The only ones that listened to this warning and were willing to do this were labeled as Terrorists.

I think the reasoning for just focusing on the debt ceiling increase, is that congress has an ability to make anything important a fight for something else. It would have been better to just raise the debt ceiling months ago, and then start working on cutting the budget and figuring out some possible solutions afterwards. Remember that the debt ceiling needed to be increased based on spending that congress already approved and mandated.

Why do you keep ignoring congress? Fiscal policy is the realm of congress only. The president can try and steer congress in one direction or the other, but in the end, he only has the power to sign or veto a bill.

From S&P reasoning about the downgrade, it was stated that a major reason for the downgrade was congress' inability to act and be functional. Why does it seem you are ignoring this major issue?