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Thread: Top Sen. Republican: deal very close on default

  1. #11
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    Re: Top Sen. Republican: deal very close on default

    If the deal pass's as CPwill says...then Obama and democrats are losers and Obama put another nail in his coffin for 2012....

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    Re: Top Sen. Republican: deal very close on default

    well, let's not get our hopes up.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by cpwill View Post
    The top Republican in the Senate said Congress and the White House were very close to a deal on raising the limit on U.S. borrowing that would avert an unprecedented default on America's debt, ending one of the nastiest partisan fights in recent memory.

    Senate Majority Leader Mitchell McConnell said.......<snipped as the rest is irrelevant to the point>. ..
    Nice fruedian slip. You speak the truth, as anyone that believes that the Republicans do not control the Senate is not paying attention.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by Tigger View Post
    Sounds like standard Politics as Usual.... the Republicans will cave like a house of cards and the American people will end up screwed over in the end. However, I'm not so sure that the top Republican in the Senate can state so forcefully what the Republicans in the House would do with such a bill.
    The Republicans cave? Are you kidding? They got 80-90% of what they wanted. Nice game of chicken with the American economy, but the Republicans won big time.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by haymarket View Post
    This proves to me what I learned back while I was working my way through college. I worked in a hotel which had several bars and nightclubs. When they lowered the drinking age to 18 for a brief time, we suddenly had lots of fights in the clubs where before we had very few. Kids could not hold their liquor I guess. I noticed that the winner of the fight - barring some tremendous advantage in size or skill - was usually the one who was the absolutist craziest over-the-cliff guy in the fight. Bet on the crazy one every time regardless of size or age or anything else and you usually have the right guy.

    Which explains why these negotiations turned out the way they did.

    Obama up against the House Republicans - he really does not stand much of a sporting chance.
    In the end, we are left with the two party system: the party of wimps and the party of fools.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by upsideguy View Post
    Nice fruedian slip. You speak the truth, as anyone that believes that the Republicans do not control the Senate is not paying attention.
    Well, with 11 Senate Democrats from red states up for re-election next year, you're right.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by upsideguy View Post
    The Republicans cave? Are you kidding? They got 80-90% of what they wanted. Nice game of chicken with the American economy, but the Republicans won big time.
    The Republican Party may have won, but giving up even 1% of what they should have been demanding means that they caved.

    I'd be more than happy to play "chicken" with more than the American economy if it meant fixing the problems in this country.

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by upsideguy View Post
    In the end, we are left with the two party system: the party of wimps and the party of fools.
    There are times I would argue with that characterization.

    Not today.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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    Re: Top Sen. Republican: deal very close on default

    Senator Reid has signed off on the debt-ceiling agreement pending caucus approval.

    ...While both sides stress that nothing is final yet, the contours of the would-be agreement suggest a more practical approach by Republicans, led by Senate Minority Leader Mitch McConnell, to achieve many of the party’s goals without pushing Obama and the nation into default.

    Quoting a figure of $3 trillion though declining to provide details, McConnell confirmed Sunday morning on CNN’s “State of the Union” that both sides were “very close” to a deal. “We’ve made dramatic progress in that direction,” he told Gloria Borger.

    Sen. Chuck Schumer (D-N.Y.), speaking on the same CNN show, also said a deal was close: “If there’s a word that would, right here, that would sum up the mood, it would be relief. … Default is far less of a possibility now than it was a day ago."...

    The proposal builds on elements of a House-passed bill that would save $917 billion over the next 10 years and raise the ceiling by $900 billion in two increments, which should carry the government through the end of this year.

    In the interim, a new joint committee would be charged with coming up with an estimated $1.5 trillion in additional deficit reduction, less than targets set in the House measure but still judged sufficient to match Treasury’s remaining borrowing needs to get though the 2012 election year.

    Obama is not guaranteed that he will get the full combined $2.4 trillion debt increase that has been proposed, but he would, nevertheless, avoid the recurring threat of default next winter if the committee were to fail to meet its target.

    Instead, the proposal calls for severe across-the-board cuts as the action-forcing device — cuts affecting Democratic domestic priorities, including Medicare, but also about 50 percent would come from defense spending, which is a major priority for many Republicans...

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    Re: Top Sen. Republican: deal very close on default

    Quote Originally Posted by Tigger View Post
    The Republican Party may have won, but giving up even 1% of what they should have been demanding means that they caved.

    I'd be more than happy to play "chicken" with more than the American economy if it meant fixing the problems in this country.
    So what you happen to want as an individual is exactly what the Republican Party wants? Way to think for yourself. Heck even the Repubilican party is a divided house on many issues. But I'm curious what exactly would you play chicken with, or do in another way, to get what you want.

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