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Thread: House Republicans Cave on Payroll Tax Cuts Extension

  1. #171
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Dittohead not! View Post
    That's pretty accurate, actually, but not totally. The Soviet Union didn't fall until 1991, when Bush I was in office, but the fall started in the '80s, when Reagan was president.

    Which doesn't mean that either Reagan or Bush brought down the Soviets.

    The current mess started in '07, when Bush II was in office.

    Which, doesn't mean that the mess was the fault of Bush II, or of Obama.

    The budget balanced/almost balanced (depending on who you believe) while Clinton was president, which doesn't mean that Clinton balanced it.

    Sometimes, we ascribe a lot more power to the executive branch than it actually has.
    It was balanced to the point where we were beginning to pay back our debt, but let's not give Clinton all the credit. It also took a Republican congress to force Clinton to do it. It was essentially part of Newt's Contract with America. Clinton did sign off on it though. Like I have always said, it takes two to tango, and back in those days, the 2 parties were willing to dance with each other. Today, they would shoot each other if they got the chance. LOL.
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  2. #172
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Dittohead not! View Post

    The current mess started in '07, when Bush II was in office.

    Which, doesn't mean that the mess was the fault of Bush II, or of Obama.
    You are right on both counts. Hmmm, wonder who took control of both houses of Congress in 2006 ??

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  3. #173
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Gill View Post
    You are right on both counts. Hmmm, wonder who took control of both houses of Congress in 2006 ??
    And you fail to understand the point


    The housing crisis hit in 2007, but that does not mean it hit because of the democratic congress and senate. The housing bubble did not magically appear in 2007 only to burst in 2007. It took years to build up, when the bubble was going to burst could have come sooner or later, but it was going to burst at some time no matter who was in power
    Last edited by Lord Tammerlain; 12-29-11 at 09:30 AM.
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  4. #174
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Lord Tammerlain View Post
    And you fail to understand the point


    The housing crisis hit in 2007, but that does not mean it hit because of the democratic congress and senate. The housing bubble did not magically appear in 2007 only to burst in 2007. It took years to build up, when the bubble was going to burst could have come sooner or later, but it was going to burst at some time no matter who was in power
    The original comment that the "current mess" wasn't started until 2007 was not limited to the housing bubble.

    But you're right. Barney Frank and friends had been protecting Fannie Mae and Freddie Mac from more oversight for many years.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Gill View Post
    The original comment that the "current mess" wasn't started until 2007 was not limited to the housing bubble.

    But you're right. Barney Frank and friends had been protecting Fannie Mae and Freddie Mac from more oversight for many years.
    All Hail Barney Frank


    More powerfull then a republican congress, senate and President

    More powerfull then the trillion dollar financial industry

    Barney Frank a true superman
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  6. #176
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Lord Tammerlain View Post
    All Hail Barney Frank


    More powerfull then a republican congress, senate and President

    More powerfull then the trillion dollar financial industry

    Barney Frank a true superman
    Fannie Mae and Freddie Mac certainly got their money's worth from him. As Chairman of the House Financial Services Committee, he was well positioned to block all reforms.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  7. #177
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Gill View Post
    Fannie Mae and Freddie Mac certainly got their money's worth from him. As Chairman of the House Financial Services Committee, he was well positioned to block all reforms.
    All hail Barney Frank Master of the Universe

    He can crush the weak Republican congress, Senate and President with just a pen.
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Lord Tammerlain View Post
    All hail Barney Frank Master of the Universe

    He can crush the weak Republican congress, Senate and President with just a pen.
    Come back on your 15th birthday and maybe we can have a big boy discussion.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  9. #179
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by danarhea View Post
    It was balanced to the point where we were beginning to pay back our debt, but let's not give Clinton all the credit. It also took a Republican congress to force Clinton to do it. It was essentially part of Newt's Contract with America. Clinton did sign off on it though. Like I have always said, it takes two to tango, and back in those days, the 2 parties were willing to dance with each other. Today, they would shoot each other if they got the chance. LOL.
    I disagree with the idea the Contract with America has the same impact as the tax increase Clinton pushed. In fact, I believe it was actually far less impactful than we're led to believe it was, as some of it never actually made it's way to law. The tax increase was the main vehicle that reduced the budget deficit imo. Republicans are given way too much credit, particularly when they spend as much time as possible trying to undermine that tax increase during Clinton tenure.

    BTW, giving Newt credit is no different than me giving Clinton credit.
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    Re: House Republicans Cave on Payroll Tax Cuts Extension

    Quote Originally Posted by Gill View Post
    You are right on both counts. Hmmm, wonder who took control of both houses of Congress in 2006 ??
    Please tell us why this is actually relevant. Support you claim with actual legislation that would have caused any problems.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
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