IT’S NOT TRUE THAT THE U.S. HAS NEVER DEFAULTED

July 31, 2011 in Uncategorized

We are in the mist of what Senator Rand Paul has called a “Manufactured Crisis”. Both parties and many of our Representatives and Senators are misrepresenting the facts and outright lieing. Senator McConnell says that they [Republicans] won’t allow the US government to Default “for the first time in our history” I guess History isn’t Senator McConnel’s  strong suite. According to Thecitizen.com,    the US has defaulted 5 previous times.   http://www.thecitizen.com/node/7986 

In another story in the American Spectator:

http://spectator.org/archives/2011/04/15/thank-you-cbo#  dated  April15th 2011 Ross Kaminsky  wrote, “Yesterday, despite the defection of 59 Republican votes, the House of Representatives passed the budget for the rest of the 2011 fiscal year as negotiated between John Boehner and Harry Reid. The Senate passed the bill 81-19 shortly thereafter. This after a Congressional Budget Office report suggested that only $352 million will be saved this year, versus the claimed $38.5 billion of savings in the budget. That CBO report is a blessing for fiscal conservatives.” That means that actual savings were about 110 times lower than we were told.

So  now the Washington establishment that consists of Obama, Boehner, McConnell, and  Reid are once again talking about a $3T or $4T CUT which is based upon baseline budgeting that assumes a 7% increase in Revenues over the next 10years, and a commission charged with making the cuts while not  being bound to do so  by a future congress. Should we believe their hype when they continue to misrepresent, lie and break their promises like allowing us to view legislation for 3 days before it’s enacted? When Shaun Hannity asked Speaker Boehner if we could view the proposed cuts in the legislation, Shaun got a lot of doubletalk and no commitment to view any of the cuts.

Cavuto: No Deal Better than Bad Deal

July 30, 2011 in Uncategorized

Cavuto: No Deal Better than Bad Deal

Wall Street too focused on short-term fix

on Wall Street. Even if it is a baddeal . That is Wall Street threatening ….. spending cuts aren’t really a big deal just raise that debt ceiling so ….. Former the country so why

 

Cavuto: Congress Is Out of Their Minds

July 30, 2011 in Uncategorized

Why can’t they get a deal done? – This Might Be your Answer!!!

Finally here is how not to get a dead deal done this is from House Minority Leader Nancy Pelosi today and I quote. What we’re trying to do is save the world from the Republican

 

Boehner House Bill Passes and Insures “The victory of the Washington establishment”

July 29, 2011 in Uncategorized

Speaker Boehner

Rush Limbaugh says that,  “I think we’ve been played for a bunch of saps, I mean not us exclusively, I just mean the whole country.” Meanwhile, Ron and Rand Paul Stated that Boehner bill that was just passed, simply changes the trajectory of our Debt and does not significantly eliminate it. As a matter of fact independent auditors are stating that our debt will Increase by $1T over the next year alone and over 10 years $7 to 8T.

Both Parties must not only take us for a “bunch of saps” but a bunch of fools as well.

 

Three smaller Debt Rating companies have already reduced the US Debt Rating from AAA to AA. After this Obama Redistribution of Wealth fiasco is over, Standard & Poors and Moodys will Follow suit and Boener will  not have only been played for a Sap but a Fool as well. He will also be responsible for the disintegration and ultimate collapse of our economy as well as “The Traditional American Way of Life”. Unfortunately for us citizens, the 2010 election mandate was not sufficient to overcome the traditional Establishment’s hold on the House and they elected a fool to wage war against  a Socialist and his Agenda that will put us all into bondage!

  

 

Posted by Judson Phillips on July 29, 2011 at 5:24pm in Tea Party Nation Forum

It took days.  It took brutal fighting.   It took arm twisting and probably flat out bribery.  The Washington establishment has won.  It looks like House Speaker John Boehner will bring his debt-ceiling bill to the floor of the House for a vote. He would not be doing that if he were not certain he had the votes.

 What does it mean?

 For starters, it means the status quo in Washington won.  The debt ceiling will be raised and there will be no meaningful spending cuts. Most of Boehner’s spending cuts are in coming years.  We know that is a joke as any congress in future years can simply undo those budget cuts.  How many times have we seen this in the past?

 It means that the GOP has turned its back on the Tea Party.   The GOP leadership used the Tea Party to gain power and has now told us where to go.  We do have some friends in the leadership.   But very few.

 John Boehner is certainly the worst Republican we could have landed in the Speaker’s chair.  It is really hard to say that Nancy Pelosi could be much worse. 

 The worst part about this is the fight was so unnecessary.  Boehner had already passed Cut, Cap and Balance.   Harry Reid killed the bill as soon as it arrived in the Senate.  He has promised a similar fate for the Boehner bill.

 If Reid is simply going to kill it, why have we gone through this?

 Today, Barack Obama (through his minions) has been on twitter today telling his followers to tell Republican politicians to “compromise.” When the hell is the party of treason going to compromise?   We all need to tweet back @barackobama and ask him why he won’t compromise.

 In his speech before the House of Representatives, Boehner has said he “stuck his neck out a mile,” to reach an agreement.  The truth of the matter is Boehner’s main goal has been compromise, not victory. 

 This is what happens when we put a RINO in charge who has no clear plan.   Compromise is not the goal.  Victory is the goal.  Compromise is a tool. 

 Boehner even announced he was putting revenues, the current Washington euphemism for tax hikes on the table.   Ron Paul said today that we need someone with conviction, not someone looking for a compromise. 

 The Tea Party needs to make some decisions for 2012.  The obvious move is what we have called for, for a while.  We must primary John Boehner.  If he survives a primary, we must make certain he is a one-term speaker. 

 We also need to recruit some good candidates.  We need to find people within our Tea Party groups who would make good candidates for office.

 For America, this is nothing but a disaster.  The debt ceiling will continue to rise.  There will be no cutting of spending.    Our economy will continue to sink and we will need to prepare for a very difficult future.

We’ve Been Played for Saps, Folks: Boehner Bill Will Become Reid Bill

July 28, 2011 in Uncategorized

RUSH:  I think we’ve been played for a bunch of saps, I mean not us exclusively, I just mean the whole country, the Republican Party, ruling class.  I’ll explain as uncomfortable as it is and  and as grading as it is, I’ll explain as the program unfolds  it’s great to have you here…

Boehner said the same thing before the TARP vote. He said the exact same thing. He wasn’t Speaker then but before the TARP vote in 2000 he said, “It’s crucial. We’re at a pressure point in the country where we can’t let ideological purity stand in the right thing to do.” They’re saying the same thing now to the Republican freshmen in the House. “You can’t let ideological purity stand in the way of doing the right thing. We’ve got to do this now,” and their reasoning basically, when you boil it all down, is, “We’ve got to do something, no matter what it is, so we don’t get blamed for not doing anything.” So that’s where we are as I, El Rushbo, see it. I’d love to be wrong. I love being right, as you well know, but I would love to be wrong. There are no real spending cuts in either bill.

We went through that yesterday the baseline and all that. There are no real cuts, and certainly not at all in the Reid bill.

Go here to read the full Transcript: http://www.rushlimbaugh.com/home/daily/site_072811/content/01125106.guest.html

Best Bets for Ending Debt Talks Deadlock?

July 27, 2011 in Uncategorized

Best Bets for Ending Debt Talks Deadlock?

House Budget Committee Chairman Paul Ryan sounds off on debt battle, the Boehner plan and the key to an agreement

 

Debt Debate Dissension in GOP?

Sen. Rand Paul on criticism of Tea Party and ‘foolish’ demands in debt debate and his opposition to Boehner plan

Faster FOIA Act of 2011 (Budget Control Act of 2011)

Myths of the Debt Ceiling Negotiations

July 27, 2011 in Uncategorized

FBN’s Neil Cavuto on the myths and lies of the debt negotiations.

 

Boehner’s Plan -The Budget Control Act of 2011, S. 627 as amended

July 26, 2011 in Uncategorized

Boehner Plan Update

Here is an update that we received from the RSC on Boehner’s Plan.

The Budget Control Act of 2011, S. 627 as amended

FIRST-YEAR CUTS. The bill would provide
caps on non-emergency discretionary spending for FY 2012-2021. The cap for FY
2012 would be $1.043 trillion, which is a $7 billion reduction
compared to FY 2011.  The House’s appropriations process has been on
course to reduce such spending by $31 billion, a number which many RSC
Members felt was insufficient (The RSC budget would have reduced this
spending by $71 billion).   Per the bill, the discretionary cap for
FY 2012 is $24 billion above the current FY 2012 House appropriations
plan.

TEN-YEAR DISCRETIONARY CAPS.The bill sets
discretionary spending caps that increase gradually over the FY 2012-2021
period. According to the sponsors, the total spending cuts compared to the
baseline are $1.2 trillion. However, the spending cap rises from $1.043
trillion in FY 2012 to $1.234 trillion in FY 2021. This is measured as a cut
because CBO’s baseline assumes growth with inflation, instead of using zero
baseline budgeting. Within the cap, there is a firewall protecting defense in
FY 2012 and FY 2013, but not from FY 2014-2021.

BALANCED BUDGET AMENDMENT. The bill would
require a vote on (not passage of) a Balanced Budget Amendment (BBA) in each
house of Congress during last three months of 2011. If one house did pass a
BBA, the other house would have to take up that BBA as-passed within 15 days.
Nothing in the bill conditions the debt limit increase on a Balanced Budget
Amendment being sent to the states.

EMERGENCY SPENDING OUTSIDE OF CAP. The bill
allows emergency-designated spending or funding for the Global War on
Terrorism to fall outside the caps. In order for spending to fall outside the
cap, the President would have to designate it as an emergency and the
Congress would have to so designate it in statute.

DEBT LIMIT INCREASES. The bill would grant the
President an automatic $400 billion debt-ceiling increase if he certified
before the end of calendar year 2011 that the federal debt is within $100
billion of the debt limit.  Presumably such certification would come
immediately upon enactment of this bill.  The President would get an
additional $500 billion debt-ceiling increase if the Congress failed to pass
a resolution of disapproval, subject to expedited procedures in the House and
Senate (similar procedure to McConnell plan).  If the resolution of
disapproval passed, the President would presumably veto it, and the Congress
could only override it with a two-thirds vote in both houses, pursuant to
Article I, Section 7 of the Constitution.  If, after the debt ceiling is
increased by $900 billion, the President later certifies that the federal
debt is again within $100 billion of the debt limit, the President could
request up to $1.6 trillion in additional debt, subject to the same disapproval
procedures above. This debt limit increase would be contingent on the joint
committee described below leading to enactment of a deficit reduction package
in excess of $1.6 trillion.

JOINT COMMITTEE. The bill would create a
twelve-member Joint Select Committee on Deficit Reduction, which would be
required to provide original recommendations (including legislative language)
to “significantly” improve both the short- and long-term fiscal
imbalance of the federal government, as well as to consider the
recommendations from existing standing committees of Congress.  The goal
of the committee would be to reduce the deficit by $1.8 trillion. A majority
of the committee (seven members) would be able to report its legislative
recommendations for reducing the deficit before Thanksgiving, and such
legislation would be subject to expedited consideration in both houses.
The bill does not prevent the joint committee from reporting
legislation to increase taxes.

MANDATORY SPENDING.The legislation provides funding
to fill a shortfall of $17 billion (over two years) for the federal Pell
Grant program. The bill more than offsets this spending by terminating Direct
Loan Repayment Incentives, as well as subsidized loans for graduate students.
Beyond that, the bill envisions any mandatory spending changes being done via
the Joint Committee described above.

TPP New Logo

We’ve Defaulted Before

July 26, 2011 in Uncategorized

We’ve Defaulted Before…

Judge Andrew Napolitano explains how the fear mongering on the debt ceiling is unwarranted.

Obamageddon update

July 26, 2011 in Uncategorized

 
Joseph Farah 
Between the Lines
Let me see if I have this straight.

Barack Obama is threatening to do the following if Republicans don’t approve raising the record debt limit, allowing him to spend trillions more on the backs of Americans not yet born:

  • He won’t pay active-duty military personnel overseas fighting for their country and risking their lives and limbs;
  • He won’t send out Social Security checks;
  • He won’t make Medicare payments;
  • He won’t pay interest on the debt he has already accumulated, deliberately prompting a default and destroying America’s credit rating.

Why?

Read more: Obamageddon update http://www.wnd.com/index.php?pageId=324937#ixzz1TDfWyPf0