We will see. Sounds like agitprop.
Boener being played again. Obama spooks Wall St, they oblige and Boehner blinks.
Didn’t we go through this last year?
How about this time we don’t cave to the Democrats? We tried your way Democrats, it didn’t work. This time it’s our way.
Oh that’s right, Vichy Boehner is in charge... never mind.
Obama and Boner played into Cruz’ hands. Primaries are coming and Cruz has effectively split the GOP into two camps. Even if Boner survives the primary he’s done as speaker. Now conservatives are poised to take over the House and Senate far better than before.
Decision Cruz.
Betraying Brain-less Ball-less Bawling Bone-less Bohner...
If he tries to raise taxes, depose him immediately.
Default occurs only when interest payments cannot be made, which the FedGov can absolutely make with existing revenue.
No increase. Conservatives need to fight as hard for this as we have for holding the line against Obamacide.
As Patton crosses the Elbe and Zhuhov encircles Berlin, General Boehner offers his unconditional surrender to the Axis.
We’re being sprayed on by Agent Orange.
While I’m skeptical of Boehner’s ability as speaker, I could see Boehner trying to play it out this way: He offers up raising the debt ceiling as a way to get 0bama to the table. It might be a sound strategy, except for one thing.
0bama is a communist.
He wanted to fold with Obamacare, but he can't whip the votes. The Republicans in the House fear their constituents more than Boehner. Cruz changed the playing field.
But there hasn't been any Cruz-like leadership regarding the debt ceiling --yet.
Are you saying just no increase whatsoever, never? And just see where the chips fall? Really?
You know what I would do if I was House GOP leadership? I’d pass a 4-part debt limit increase immediately, call it the 5/4/3/2 plan:
1. +500B effective 10/01/13
2. +400B effective 10/01/14
3. +300B effective 10/01/15
4. +200B extra, effective 07/01/14 if Administration OK’s Keystone XL prior to 11/01/13 and does not subsequently obstruct.
We have to stay ahead of the markets, if there is going to be a panic let it be while the issue is being fumbled in the Senate, not in the House.
We’re not going to win the Debt Ceiling fight and the sooner we get it out of our hands and into their’s the better. Come up with something that’s both 1) reasonable, and 2) something The Demagogues won’t like, and force them to deal with it. Then we get much better coverage and messaging. It’s too fair an offer for The Demagogues to reject:
1) If the Senate says no, then the market will convulse and it will be The Demagogue’s fault.
2) If gets passed, Obama should be able to keep the Debt increase under $700B, but not likely $500B, so he has no choice but to approve Keystone; but if he rejects KXL, he’ll look bad if he can’t make a $500B increase in credit line last 12 months. And even worse for saying “No” to good public policy like Keystone.
Business/Markets will like the 500/400/300/200 plan because it pushes the issue out another 12 months; Conservatives ought to like it because it embeds a slowing growth of debt. And both will like it because it takes another shot at Keystone, which is a very good issue for us. To moderates it will look reasonable and responsible. And it will drive The Demagogues crazy!
Keystone is a very popular idea, and (almost) everyone accepts that some kind of short term debt limit increase is necessary. For any sane person it is a win-win to offer both to Obama; it will be easy to crush him if he says no. There is no Grand Bargain with this guy - he will just string us along because he thinks we will take the blame. It is all political with him. It is only political with him.
We have to pass some kind of debt ceiling deal before the market pukes and has like a 500 or 1000 point drop. That will be our fault, we’ll fold like a cheap suit like we did with TARP, and it will be embarrassing.
It is easy to recognize the obvious PONZI SCHEME called Obamacare.
Obamacare has nothing to do with health, care, or medicine.
Obamacare has EVERYTHING to do with insurance.
Obamacare is a Federal Insurance Monopoly.
Obamacare is in violation of US Anti-Trust Laws.
Obamacare is a Federal Insurance Premium Collection Agency, aka FIPCA for Obamacare.
We CONSERVATIVES know that there will be other future Federal Insurance Ponzi Schemes, right down to the Insurance Premium collected for the inhaling of the EPA ruled toxic gas CO2.
Then FIPCA will be there to collect that CO2 Insurance premium from all citizens.
But I digress, so let us focus on the present.
If Boehner Caves In to the Court of Public Opinion, which is run by the Low Information Liberal “Mainstream” Media, and Obamacare is funded, Obama can then raise every year or quarter his Obamacare insurance premiums as high as he wants to, and the sorry US Congress can’t do anything about it.
Congress will thus be bypassed, and will no longer be needed in the future to fund the vote buying schemes of the social engineering POTUS.
Could Boehner be stupid enough to come up with his own Boehnercare Ponzi Scheme?
The debt limit is different than the CR, but both are the based on economic abominations: The CR is because there isn’t a budget, and the debt is because we spend more than we take in.
That simple: GET a budget AND spend only our income.
I don’t know what’s hard about that.
They will allow more debt. They don’t know how to do it otherwise. However, there should be a daily trigger on the debt that prevents expenditures above a certain rate.
Opening up a mega-billion dollar line of credit doesn’t mean you can spend it all in the first week and then complain that you need more. It needs to be based on a period of time, a rate of expenditure that consumes only 85% or less of the allowed amount in that period of time to cover unforeseen contingencies, and a shut-down of spending if that rate is exceeded.
Because they all operate on the unquestioned premise that they must spend more money than they take in taxes.
He’s already pushed us way passed the point of sanity. Why would he stop now?
Light up the phone lines!
Why is this an issue? Debt payments are covered in the “shutdown”. Not raising the debt ceiling does not prevent the government from spending money, it prevents it from BORROWING MORE money. Debt payments, social security benefits, military retirement can continue to be paid.