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TARP’s Shadow: Why Tea Partiers won’t listen to the establishment, even as a debt crisis looms
City Journal ^ | 15 July 2011 | Nicole Gelinas

Posted on 07/15/2011 10:44:38 PM PDT by neverdem

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To: neverdem
On Wednesday, House Minority Leader Nancy Pelosi sent a warning on the debt-ceiling hike. “Let’s get on with writing the bill,” she said.

LOL. Such tripe spewing from the hole of the idiot who FAILED to even PRESENT a budget is rich.

41 posted on 07/16/2011 6:36:40 AM PDT by Recovering_Democrat
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To: neverdem
With the debt ceiling, as with TARP, what really matters is what happens after the vote.

Right. And TARP (and the Porkulus) imposed on us trillions more in new debt and instituted a disaster of a spending binge that is drowning us today. Now we want to gulp down more of the same old snake-oil?

If the debt ceiling is raised, what will happen after the vote is... "nothing". It will be just more of the same - lots more. The plunge into complete dissolution of the American Republic will simply continue on with added momentum and less chance of recovery.

This out of control government needs radical surgery, now. We have a raging Stage 4 cancer there are no longer enough band aids and aspirin to cover it up!

How long could your family survive making $60,000 a year while spending $100,000 and putting the balance on the maxed out credit cards?

42 posted on 07/16/2011 7:08:53 AM PDT by Gritty (Pull off the Band-Aid. Eat our peas. Now's the time to do it. - Obama on debt limit ceiling)
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To: Liberty Valance

That pic is hilarious! Somebody needs to photoshop Dingy Harry into it :)


43 posted on 07/16/2011 7:42:31 AM PDT by upchuck (Think you know hardship? Ha! Wait till the dollar is no longer the world's reserve currency.)
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To: JRandomFreeper

>>They gonna kill the squirrels?

“Nice tree full of squirrels you got there. It’d be a shame if it burned down...”


44 posted on 07/16/2011 7:52:06 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: neverdem

“Why Tea Partiers won’t listen to the establishment”?

Because “establishment”, it’s the “spending stupid”. We are tired of the financial ruin the spend and tax “establisment” has created to get votes.


45 posted on 07/16/2011 8:15:40 AM PDT by Proud2BeRight
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To: GeronL

[He might choose not to service the debt on purpose.

The Cloward-Piven/Soros strategy: Maximum Chaos

It’s definitely a real possibility]

I think this is EXACTLY what he plans to do, and Republicans know it. That is what has Republicans running scared. That is Obama’s plan, and he also plans to use the msm propaganda machine to pin it on the Republicans in 2012. Will it work? Obama doesn’t care because he has nothing to lose. He doesn’t love this country anyway.


46 posted on 07/16/2011 8:22:55 AM PDT by KansasGirl
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To: KansasGirl

Remember, Citizen...

nobama hates you, hates your family, hates Free America, hates the Constitution and hates the Bill of Rights. nobama is a hate crime foisted upon America. nobama is the Destroyer.

Everything nobama does is intentional.

God help us all.


47 posted on 07/16/2011 8:36:34 AM PDT by hal ogen
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To: neverdem

Holding firm on the debt ceiling would not cause a default on treasuries; it would force congress to cut deeply, and that is what the establishment of both parties fear.


48 posted on 07/16/2011 12:02:05 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: CowboyJay

>> “The problem with kicking the can down the road, is that eventually you run out of road.” <<

.
We already have, and they are in denial.


49 posted on 07/16/2011 12:04:18 PM PDT by editor-surveyor (Going 'EGYPT' - 2012!)
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To: jimmygrace; neverdem; PGalt; 4Liberty; econjack; businessprofessor; John Locke; ...
Why would he ruin our credit and our country and still spend money on modern art for the rich? Why would he keep Obamacare and ruin the country’s credit?

Perhaps because he really DOES want to destroy the country and throw it into chaos, knowing he can get away with blaming the GOP and the Tea Partiers with the help of the network news and big city papers -- and with their help trigger a "popular uprising" which would demand (he imagines) what he's dreamt about all his life -- that he impose a dictatorship with him at the top. You asked. Just sayin'.

50 posted on 07/16/2011 5:22:31 PM PDT by FreeKeys ("The evidence that Obama's true agenda is to weaken the country he 'rules' is stacking up."-N.Boortz)
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To: FreeKeys; FredZarguna; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; rabscuttle385; ...
RE :”Perhaps because he really DOES want to destroy the country and throw it into chaos, knowing he can get away with blaming the GOP and the Tea Partiers with the help of the network news and big city papers — and with their help trigger a “popular uprising” which would demand (he imagines) what he's dreamt about all his life — that he impose a dictatorship with him at the top. You asked. Just sayin’

Obama is in full 2012 campaign mode on this. He has Boehner/McConnell/Cantor terrified and in a corner now. He tricked them into wasting time in budget negotiations that he knew didn't have a chance to succeed running out the clock to put them in this corner. The House could have been using that time to send the Senate debt extension bills with specific budget cuts. And one that ma es him pay Social Security, America's debt, etc, first if no extension was made.

You have to look closely at what Obama is telling voters in his press conferences. He is saying “I still want a big deal. I still want major deficit reduction. Congress needs to put politics behind them to work together for the American people. But in the end if congress (ie Republicans) cant get their act together and put politics aside, I will reluctantly accept a clean debt ceiling bill with no cuts to keep this country from defaulting on it's obligations” when he knows no big deal is possible. Everything Obama said is a complete fantasy, he is talking to the voters.

He is claiming he is willing to put $4T of cuts on the table with Pelosi’s help for the deal, a $4T that she could never get the votes for in the House, so that he cant even really offer, But it doesnt matter because clueless congressional Republicans didn't know that they were being taken, but they know it now. He established the visual (to voters) that he wants to make a big deficit reduction deal really really bad, but Republicans are saying ‘No’. And clueless Republicans appear unable to control the message.

McConnell/Boehner/Cantor know they blew it, that they were had. That is why they publicly proposed the surrender plan that allows Obama to increase the debt limit as long as he ‘proposes’ spending cuts, with no enforcement. And Obama will stroll in and sign the Republicans surrender, and then tell voters that he really wanted that big deal, but Republicans ‘forced’ him to accept a debt extension with no cuts.

It is a sad day, but what did you expect? You have to know what you are doing to win,

51 posted on 07/16/2011 8:29:10 PM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: sickoflibs; FreeKeys; FredZarguna; ding_dong_daddy_from_dumas; DoughtyOne; rabscuttle385

Our party is so hopelessly STUCK ON STUPID that I’m surprised if they don’t hand him the keys to the Treasury.


52 posted on 07/16/2011 9:11:43 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Jim Robinson

” Well, no matter how you slice and dice it or twist and turn it, the real problem remains the same. Big, bloated, expensive, overbearing government. And the solution is simple. Repeal ObamaCare. Shutter the EPA. Call off the ridiculous war on coal, oil, gas and energy. Scrap the so-called green energy boondoggle. Cut government salaries, pensions, benefits, unions, etc. Cut the strangling regulations and bureaucracy. Cut the red tape. End the war against capitalism. Cut the size and scope of government. Drastically cut the spending. Cut the taxes. Get the government off our backs and out of our way. Set our people free to produce and let the free economy soar!!”

From your lips to God’s ear!!


53 posted on 07/16/2011 9:40:59 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: neverdem
ESAD is a double entendre -- the lesser known meaning being: If you do, you will.
 
Bon Appetit, RINOs, and RIP.
 
\

Best Rats and RINOs Money Can Buy

 

 

 

54 posted on 07/17/2011 9:00:12 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: yldstrk
Sorry, didn't toss out a <sarc> tag.

Of course I think they ought to stop the train. Somebody's got to do it -- the Dems just want the train wreck to have Michele Bachmann's name in the headline.

55 posted on 07/17/2011 2:08:58 PM PDT by lentulusgracchus (Concealed carry is a pro-life position.)
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To: EternalVigilance
If I've understood this article correctly, the argument runs like this:

(a) TARP was a good idea, but in practice it meant that the bankers made billions and the people paid through the nose.

(b) But raising the debt ceiling is a different good idea, and the outcome will be the reverse: the people will pay through the nose and the bankers will make billions.

Sorry, I'm not buying it. Those who oppose insane, profligate government spending have exactly one ace card, their control over the debt limit. And when you have an ace card, you don't discard it and you don't negotiate it away. You play the darned thing, and let the chips fall where they may.

56 posted on 07/18/2011 2:25:38 AM PDT by John Locke
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To: Jim Robinson

And add to all these ‘stop giving USA monies/funding to other nations all over the world’. The real secret kept from USA citizens for years is that their sweat and earnings do not only drive the economy of the USA but also prop up many other nations that live in ages past. I believe our Constitution as written and intended by the Founders has been prostituted over many years by international interests that hate our exceptional character except when it comes to saving their rear ends e.g. Russia or the former Soviet Union among others.


57 posted on 07/18/2011 3:31:05 AM PDT by noinfringers2
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