Raising The Debt Ceiling

[N1RGR]

Now with the debt ceiling looming it appears Obama does NOT want any discussion on spending cuts. To add to it Nancy Pelosi is calling for more tax increases. So its apparently clear the Dems want more taxes while continuing to doing nothing about spending! Sound like a good path forward? What say you?

[Dude111]

No not at all!!!!!!

This has been the plan all along........ TAX'S ARE GOING TO GET SO HIGH ITS INSANE!!

[kayn1n32008]

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Sadly the deficit is so large the debt ceiling will have to be raised. There is no way in hell the government can cut $1.5T in spending neither the Pubs or Dems have the guts to do it. It simply would be political suicide for either party to attempt $1.5T in spending cuts.

[N1RGR]

Originally Posted by kayn1n32008

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Sadly the deficit is so large the debt ceiling will have to be raised. There is no way in hell the government can cut $1.5T in spending neither the Pubs or Dems have the guts to do it. It simply would be political suicide for either party to attempt $1.5T in spending cuts.

How can you loop Republicans in on this? Its the Democrats who are NOT willing to tackle spending cuts. And as far as the debt ceiling goes Obama said it plain as the nose on your face....NO Negotiations! So how are Republicans to blame here? Maybe you could explain.

[kayn1n32008]

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Do you have any CLUE as to what $1.5 TRILLION in buget cuts would do to the US economy? IF the PUBs and DEMs pushed through those kinds of cuts the effect to the average 'joe 6-pack' american would be devestating. Think of Greece... And then think of something way worse. All the budget talk is grandstanding because the cuts needed to get spending under control are more than the DEMs AND PUBs can politically do and get re-elected.

What services and programs can be cut AND achieve $1.5T in budget cuts? Then those people that are employed by those programs ti deliver those services are with out an income, what are they supposed to do for work in a depressed economy? Wake up and smell REALITY. Neither the PUBs or DEMs have the REAL will to make the REAL cuts needed to fix the budget CF the US faces. I know you like to blame everything on DEMs but quit whinning about it and put forth REAL solutions to the deficit. Oh wait you can not get passed blaming DEMs for all the woes the US faces.

[InlandAZ]

Originally Posted by kayn1n32008

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Do you have any CLUE as to what $1.5 TRILLION in buget cuts would do to the US economy? IF the PUBs and DEMs pushed through those kinds of cuts the effect to the average 'joe 6-pack' american would be devestating. Think of Greece... And then think of something way worse. All the budget talk is grandstanding because the cuts needed to get spending under control are more than the DEMs AND PUBs can politically do and get re-elected.

What services and programs can be cut AND achieve $1.5T in budget cuts? Then those people that are employed by those programs ti deliver those services are with out an income, what are they supposed to do for work in a depressed economy? Wake up and smell REALITY. Neither the PUBs or DEMs have the REAL will to make the REAL cuts needed to fix the budget CF the US faces. I know you like to blame everything on DEMs but quit whinning about it and put forth REAL solutions to the deficit. Oh wait you can not get passed blaming DEMs for all the woes the US faces.

Maybe spending more money than you have in your account makes sense in your part of the world, but it sure doesn’t in mine. Why should congress be allowed to run their house any differently than I do?

[mikepdx]

I wouldn't believe the daily dose of propaganda.
A lot of talk, but no action.

Neither party has a desire to end their spending orgy.
It has been, and always will be, business as usual.

The debt limit ceiling?
Has congress ever not raised the ceiling when the time came?

Originally Posted by InlandAZ

Maybe spending more money than you have in your account makes sense in your part of the world,
but it sure doesn’t in mine.
Why should congress be allowed to run their house any differently than I do?

Because they can.
The people re-elect the same career politicians year after year.
Thus, the people have 'allowed' the congress to continue with the same poor policies.

[kayn1n32008]

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Originally Posted by InlandAZ

Maybe spending more money than you have in your account makes sense in your part of the world, but it sure doesn’t in mine. Why should congress be allowed to run their house any differently than I do?

Actually spending money I do not have makes ZERO sense, but the US, unchecked by the citizens that elect the the govenment, has spent itself so far into debt that no matter what cuts happen today, tomorrow, next week or even 5 years from now, the US federal debt will take GENERATIONS to pay back.

What I have a problem with is reading the writings of N1RGR, left wing extremist Super-Con who can do nothing but b*tch and whine about Democrats all the while thinks the Republican (gift-from-god-rape) Party are the savoiur of the US. Problem is actually that the Democrats are only 50% of the problem with the other 50% being across the floor on the Republican side.

I realize that this is the Tavern, and ya gotta have a thick skin, but NIRGR cannot pull the blinders off or stop drinking the RED kook-aid long enough to see what the real problem in Washington is.

Career Politicians, BOTH Republican AND Democrats, being CORUPPTED by big money lobbiest serving special interest groups.

The US is in a CLUSTER F*CK of a scale that has not EVER been seen. And the pitance of cuts that will eventually be agreed (by BOTH parties, it takes 2 to Tango) to will be NOWHERE near $1.5Trillion, never mind even start paying back any part of the +$16,000,000,000,000.00 that the USA owes its creditors.

And around we go again.

Eventually, after the debt ceiling is raised again, the credit rating agencies will again, at some point, further reduce the USA's credit rating, and raising the price of borrowing money.

Let's say, by some miracle that the DEMs and PUBs agree to $1,500,000,000,000.00 in cuts, there will be MASSIVE government lay offs. Tell me (with unemployment around 9% that I bet will shoot up) N1RGR, what will all the former government employee's do for employment in a depressed economy?

This is where things get interesting. With all these former paper pushers of paper out of work, they are no longer contributing to the tax base (not employed therefore not paying taxes) and now will require government aid to survive once their pathetic savings run out.

So keep whining that it is all the Dems fault. Rational people realize that Pubs and Dems BOTH share EQUAL blame for the mess the US Government it finds itself in.

[ridgescan]

If RGR didn't tow a line hard to the right-ther'd be nothing for him to start threads with cause nobody'd be pissed about something to ***** at him about.

[elk2370bruce]

Both parties have their sacred cows that they want protected. I'd start with reigning in defense contractors who have the nasty habit of continuous cost over-runs and for those items that are unwanted by the military but are part of some congressman's home district that support him financially. We also have a bloated federal workforce that could be trimmed by simple retirement attrition. Why have huge staffs for programs that are being reduced or eliminated? There are more than enough social give-way programs that have outlived their historical usefullness to balance out Repub-li-won't solid gold limo lobby-infested groups so that neither side has the greater risk. The Leeches on the Hill need to reflect more on the poor tax-paying schlubs whose descendants will be paying the bills long after they have been laid in the ground. More emphasis on state-rights is the best MBO approach and its a lot less costly. Let the shreading of the tax code begin and responsible government begin where both partisan political hacks actually represent us.
CLIFFNOTES: Both parties suck and have given the legislative process a sad legacy. The new Congressional session wil;l be no less divisive and dysfunctional than the last and the usual antiquated ideological intransigence and nonsensical partisan warfare will continue unabated.

[mtlmgc]

Honestly at that level, they are all crooks...corrupted by their self importance and greed. The biggest difference between a republican and a democrat? One will use a little bit longer rope to hang us with.
1) The career politicians need to go...period. We need elected officials that vote the way the people they represent want them to...not how the the pocket greasers want them to.
2) The best spending cuts that can be made? Simple, end the lifetime salaries for the politicians and all the other "special" benefits they have voted themselves...they are citizens, not royalty.
3) Tell OPEC to go pound sand. The number one thing that has this country by the balls is oil. It affects every facet of our economy and as long as groups outside our borders have control of our markets, we never will.
Unfortunately, for these changes to take place, major action by the citizens needs to be taken. Divided We Fall, United We Stand.....as long as we bicker among ourselves our current government will continue to bend us, the People, over.
It has to start with elected officials, when they vote against the way we want them to, we need to use our constitutional right to vote them out. Do that enough times and things will change and once the ball is rolling push that sucker right to the top.

[ridgescan]

Originally Posted by mtlmgc

Honestly at that level, they are all crooks...corrupted by their self importance and greed. The biggest difference between a republican and a democrat? One will use a little bit longer rope to hang us with.
1) The career politicians need to go...period. We need elected officials that vote the way the people they represent want them to...not how the the pocket greasers want them to.
2) The best spending cuts that can be made? Simple, end the lifetime salaries for the politicians and all the other "special" benefits they have voted themselves...they are citizens, not royalty.
3) Tell OPEC to go pound sand. The number one thing that has this country by the balls is oil. It affects every facet of our economy and as long as groups outside our borders have control of our markets, we never will.
Unfortunately, for these changes to take place, major action by the citizens needs to be taken. Divided We Fall, United We Stand.....as long as we bicker among ourselves our current government will continue to bend us, the People, over.
It has to start with elected officials, when they vote against the way we want them to, we need to use our constitutional right to vote them out. Do that enough times and things will change and once the ball is rolling push that sucker right to the top.

Very well-put, especially the very last sentence!

[N1RGR]

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Originally Posted by kayn1n32008

[SIZE=1]What services and programs can be cut AND achieve $1.5T in budget cuts?

Lets see....we could start by overturning Obamacare!

[kayn1n32008]

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[QUOTE=N1RGR]

Originally Posted by kayn1n32008

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Lets see....we could start by overturning Obamacare!

Yea... For a couple hunndred billion, what else?

[N1RGR]

Originally Posted by kayn1n32008

What I have a problem with is reading the writings of N1RGR, left wing extremist Super-Con who can do nothing but b*tch and whine about Democrats.

Me a left wing Super-Con? Imagine that!

I suggest you continue reading my writings kayn. They are not only educational but also good for the mind and spirit! I like to think of it as a personal contribution to society. A free gift of conservative wisdom.

[N1RGR]

Originally Posted by kayn1n32008

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Yea... For a couple hunndred billion, what else?

The CBO projected the cost of Obamacare to be $2.0 TRILLION over the next ten years!
CBO: Obamacare Would Cost Over $2 Trillion | The Weekly Standard
What other cuts you may ask....how about the $500 million that goes to planned parenthood every year!

[elk2370bruce]

[QUOTE=N1RGR;1890645]

Originally Posted by kayn1n32008

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The CBO projected the cost of Obamacare to be $2.0 TRILLION over the next ten years!
CBO: Obamacare Would Cost Over $2 Trillion | The Weekly Standard
What other cuts you may ask....how about the $500 million that goes to planned parenthood every year!

Defense contractors with massive and continuing cost over-runs? Defense projects that are not even wanted by the military? This, however, will gore the sacred cows of the Repub-li-won't party leadership (Boner-Kantor and company). Why do we pay farmers NOT to grow crops? How about the urban farm initiative? How about equalizing the field for ALL student loans rather than on group affiliation favoritism? The financial assistance given to the major oil companies would be a good start. Okay, now I have both party supporters mad at me - but I don't care! Both sides of the partisan (along with their extremist windbags) ideologues and hanger's on have to hack off some major priorities or this effort will FAIL, just like everything that Congress touches. If Yo-momma care is wacked, what system do we initiate (at either federal or state-administered) to address a cost effective and managable healthcare system that is raped by neither the medical professionals and healtcare insurance companies (can we spell raw profit control). Lastly, since everyone has to bite the bullet, how about eliminating all those freebee perks and junkets that Congress votes itself? (as previously suggested). Since our legislative leeches on the banks of the Potomac got us ito this mess, how about we cut their salaries and they feel the bite the rest of us feel?

[kayn1n32008]

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Which works out to $200B a year which makes the deficit STILL $1.4T for the year... So keep going what else you gonna cut to make the deficit $0??? And donot forget the additional cuts to be able to start paying back the money the US owes. What you post shows you have ZERO clue as to how to solve the debt problem, never mind how to start paying the tab. All you can do is whine and b*tch about the Dems and it is getting old.

[Piston52Heavy]

If the debt ceiling is gonna rise, ahhhh, who's gonna pay for it?

[N1RGR]

Originally Posted by kayn1n32008

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Which works out to $200B a year which makes the deficit STILL $1.4T for the year... So keep going what else you gonna cut to make the deficit $0??? And donot forget the additional cuts to be able to start paying back the money the US owes. What you post shows you have ZERO clue as to how to solve the debt problem, never mind how to start paying the tab. All you can do is whine and b*tch about the Dems and it is getting old.

I guess no matter what I suggest will be good enough for you kayn. Let me ask you....what the hell would you cut? Nothing? You make me laugh, while you admit we have a spending problem your answer is to do nothing but sit on our hands! We need to Reduce the size and scope of this fat over bloated government and yes that would leave people out of work but thats the reality we face.

P.S. If bashing the Dems pisses you off I have done my job and done it well! Remember what Speaker Boehner was overheard saying to Harry Reid in the Senate hall several days ago....I offer the same to you as well my friend!