Posted on 07/14/2011 10:00:34 AM PDT by Nachum
In the most dramatic example of someone give the teleprompter the finger on the debt target (f/k/a debt ceiling, in the pre Federal Reserve days), after earlier it was announced that Obama, so willing to continue the charade, was pushing for a Camp David meeting where the debt ceiling issue would be resolved, bunch-of-fat-old-men-locked-up-in-a-room-nobody-leaving-until-solution-is-reached style, Reuters reports that Boehner has politely refused this latest farcical denouement, and told the White House "that he sees no need to move the negotiations on debt and deficits to Camp David." In other news, it is now 7 days and counting until July 22.
From Reuters:
House of Representatives Speaker John Boehner, the top U.S. Republican, has told the White House that he sees no need to move the negotiations on debt and deficits to Camp David.
"The speaker has told the White House he sees no need to go to Camp David this weekend," Boehner spokesman Brendan Buck said on Thursday.
The White House had been weighing the idea of Camp David talks but no decision had been made and White House aides said there were "currently no plans for that."
Like the saying of the past, “Just say no” — to taxes. (the drug of choice pushed by Dems.)
Opps.....personal review.....FAIL. LOL
When Clinton was in office “going to the mattress” had a completley different meaning.
Let's see if they actually have the spine to hold the line. If they hold firm and the deadline passes, when the world does not end they will be vindicated.
Everybody, email/call Boehner and tell him..CALL A PRESS CONFERENCE NOW! GET TO THE PUBLIC BEFORE OBOZO DOES AND TELL THEM IN CLEAR LANGUAGE WHAT IS HAPPENING NOW!
To be specific, Mr. Obama lied when he threatened on July 12 that there wouldn't be enough money to send out Social Security checks on August 3 if the debt ceiling isn't raised.
The federal government receives more than $200 billion in tax revenue a month. Interest on federal debt per month is $29 billion. Social Security costs per month are about $49 billion. Medicare and Medicaid about $50 billion. Active duty military personnel and veterans programs some $2.9 billion each. Those monthly costs add up to around $134 billion - which leaves $66 billion per month left over.
The problem is - and get ready for this - the federal government is spending $108 billion more than it takes in every month now. The CBO estimates are that Washington spent $973 billion more, which means borrowed, than it received for the first nine months of FY2011. The Demagogues are digging the hole we're in $108 billion deeper every month - and they say the only way out is to keep digging and borrowing more!
I say no. I say this has to stop. Which is why I must admit I am keenly disappointed by my fellow Republicans in the House leadership, whom I feel have been suckered into a red herring trap on this.
They keep proposing ridiculous alternatives to Mr. Obama's impossibly destructive demand to raise both the debt ceiling and taxes - such as "entitlement reform," and agreeing to raise the debt ceiling by trillions right now in exchange for what Congressman Allen West appropriately terms "fairy dust" cuts in spending years from now.
I feel what they need to insist on is spending reform right now. As we saw in the numbers above, this requires the following actions by the House:
*Refusing to raise the debt ceiling. (Remember that only the House has the Constitutional authority to raise it, or indeed to authorize any and all spending by the federal government.)
*Specifying that the approximately $200 billion in monthly federal revenues be first spent as itemized above (debt interest payment, Social Security, et al).
*Negotiating with Mr. Obama on how the remaining some $66 billion in monthly revenues should be prioritized. This is the only discussion the House leadership should be having with Mr. Obama.
The discussion should go something like this. Mr. Obama, you've been spending $174 billion a month beyond the most essential priorities of debt service, Social Security, etc., and as of next month, you'll only have $66 billion. As Commander-in-Chief, a most basic responsibility of yours is to provide for the national defense, so a significant fraction of that $66 billion must go to the Pentagon. How do you propose to spend what's left, realizing that a majority of the House has to agree?
I think we should give it a few more days before we start saying Republicans have spines.....I fear a cave-in is coming.
Wagyu steers everywhere breathe a sigh of relief.
BUMP!
The Repubs need to insist that at the next meeting nobama present a plan. No plan, no meeting. Even better, have him just submit it to them, let them have a few days to peruse it and then have a meeting.
Time for the Repubs to insist on a move off dead center.
“No means no.”
If I start drinking tea I can stave off osteoporosis.
The Tea party sure worked for these boneless folks.
John Boehner ought to take a long drag off a cigarette, let the smoke slowly flow out his mouth and nose, then blow it back in Hussein’s face while he says, “No thanks, B.O. And by the way, we’re going to lower tobacco taxes in the next budget.”
Raise taxes on everybody is his plan.
These talks should be held on the floor of the
House for all to see.
[but he needs to EXPLAIN to the American people WHY this is a colossal waste of time]
He should say he’s sick of the secret meetings, and call for transparency.
How about he just says...no, we don’t want to waste the taxpayers money on a weekend when we can work right here. No fancy weekends at at retreat when the folks have to vaca in their backyards and fill the kiddie pool.
Market reaction positive?:
New Slogan:
Drinking tea strengthens your spine.
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