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Thread: McConnell Offers 'Backup' US Debt Limit Plan

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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by sangha View Post
    Never happened
    You are right. It never happened. In fact, under George Bush, the debt ceiling was raised 7 times.
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by cpwill View Post
    because now we have 1.5 Trillion dollar deficits. because now we need to find someone to start buying 70% of our bond issue, and the smart money has currently fled the market. because now Republicans are living in memory of that awful morning when they woke up with a horse head in their bed attached to a note signed "it's a deal you can't refuse. love, the Tea Party".
    Except now we would not have those problems if republicans had not kept kicking the can down the street.

    See, I can point fingers too.
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    Quote Originally Posted by Fiddytree View Post
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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by liblady View Post
    that is interesting. i am still wondering why bush got every increase to the debt ceiling he requested, and NOW republicans are using this as a wedge? i think it will be their downfall as the majority of americans believe tax increases for wealthy are justified.

    we can't reform entitlement programs under this kind of pressure. real reform will have to be carefully crafted.
    That's the way I see it as well, L. Americans rarely agree on anything but all the polls show a great majority of the country favors increasing taxes on the wealthy along with spending cuts to help reduce our deficit.
    Last edited by Catawba; 07-12-11 at 08:01 PM.
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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by Redress View Post
    Except now we would not have those problems if republicans had not kept kicking the can down the street.

    See, I can point fingers too.
    And it's just going to get worse under President Impulsebuy McSpendington in 2016.
    (finger prepointing. beat that!)
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by Deuce View Post
    And it's just going to get worse under President Impulsebuy McSpendington in 2016.
    (finger prepointing. beat that!)
    If somebody named "Impulsebuy McSpendington" runs in 2016, I am so voting for him (or her)...


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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by rocket88 View Post
    I didn't make it up myself. I got from Jay Powell, Undersecretary of the Treasury under George H W Bush.

    What If We Don't Make The Debt Ceiling Deadline? : NPR
    This is the actual report he's citing: http://www.bipartisanpolicy.org/site...s%20report.pdf

    A funny little play on words on that interview, btw. Notice how he assumes we pay the FULL 99.2 billion in social security and medicare/medicaid, plus all unemployment benefits. If we cut around 10% from his "if you choose to pay" list (page 16), we can fund (in their entirety)...

    The Department of Education
    The Department of Labor
    The Department of Justice
    The Department of Energy
    The Department of the Interior
    Federal Transit Administration
    ....plus military active duty pay.

    All of these would have gone completely unfunded in his projected scenario...and that's just on a 10% cut of his "must pay" budget. It doesn't even factor in the potential cost savings we can get from cutting down the programs on the red list. These are the kinds of choices you make.
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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    The proper strategy for Obama to pursue here, if he wants to accomplish anything, is not to waste time negotiating w/the GOPers, but rather to dig up politically compromising information on them (i. e. is Boner boning someone else other than his wife? What about mcconnell?) and then use it as a threat to extort what we wants. I fail to understand why Obama, w/the spying resources of the NSA, has yet to compile an extramarital affairs database on all GOP pols.

    Or if Obama doesn't want to do that, he should deal directly with the GOPerpols' sponsors. boner, mcconnell, etc. are working for them only, so why bother discussing things w/the employee instead of the employer?

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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by solletica View Post
    The proper strategy for Obama to pursue here, if he wants to accomplish anything, is not to waste time negotiating w/the GOPers, but rather to dig up politically compromising information on them (i. e. is Boner boning someone else other than his wife? What about mcconnell?) and then use it as a threat to extort what we wants. I fail to understand why Obama, w/the spying resources of the NSA, has yet to compile an extramarital affairs database on all GOP pols.

    Or if Obama doesn't want to do that, he should deal directly with the GOPerpols' sponsors. boner, mcconnell, etc. are working for them only, so why bother discussing things w/the employee instead of the employer?
    I find it very interesting that you would refer to this tactic as "proper."
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  9. #29
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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Quote Originally Posted by danarhea View Post
    You are right. It never happened. In fact, under George Bush, the debt ceiling was raised 7 times.
    I didnt say that the debt ceiling wasnt raised. its been raised a crapload of times by previous presidents. I said the same folks screaming now about the need to raise the debt ceiling....were against it when another president was in office.

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    Re: McConnell Offers 'Backup' US Debt Limit Plan

    Just like Obama being against it when Bush was in office. Now hes all for it.

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