Posted on 07/31/2011 5:58:37 PM PDT by Free ThinkerNY
WASHINGTON (AP) -- Racing the clock to avoid a government default, President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.
(Excerpt) Read more at hosted.ap.org ...
They fall for it every time.
unless Boehner can pull something out of his ass other than the DEM dildo they’ve been assaulting him with.
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
It is no longer assault once the receiver begins to like it and asks for more .....
Our Children and Grandchildren are screwed.
I was just thinking this while checking in on my sleeping daughter. What the hell have we sentenced them to? What kind of country are they gonna have when we’re gone? I want her to have a better life than mine and I think she is gonna have a harder time because of all the debt we are saddling them with. It’s depressing. Sometimes I have to check out and turn off ALL the news just to hold onto some semblance of sanity.
You are correct sir. Sooner or later, it will spill into the streets, just like Greece and other places. I am sure you're keeping your powder dry.
I've been wondering that myself. Since the Republican Party has become nothing more than Democrats Lite, the few true conservatives in the party might, in fact, be the real "RINOs" now.
In any event, as you say, we're screwed.
Am I?
FWIW, I just looked at Twitter, and this deal is not trending. I honestly think most Americans don't care about this. Obama (and Boehner) may end up being sorely disaapointed.
Absolutely. We need all 3 to get these back on track. And the first thing....get rid of Obamacare.
We borrow $4B per day, and are cutting $4B per year?!?!?! WTF! Bring the Connie Mack Penny Plan up for a vote!!!!!
Its funny, I dont know whose more despondent, Liberals or Freepers.
The US govt still plans to spend 2 trillion dollars a year, every year, more than it takes in. Where is the difference coming from? Borrowed from the Chinese. If they stop lending us [=stop buying our treasuries], do you think the govt will stop spending? We all know the answer, as announced by Ben Bernanke very publicly. We will have QE2, then QE 3,4,5 etc. Which means printing mountains of money, which means hyperinflation, which means collapse of our economy
At this point a separate Tea Party is the ONLY way to go. If they lose at least our votes weren't thrown away. We will have voted for the right thing. Voting Republican is simply meaningless now. They're not called the stupid party for nothing. The Dems have got to be laughing their butts off right about now.
Not to mention push their agendas like Agenda21, Control of the Internet, ...)
Here’s a detail for you. The bill includes a grand total of $4B in supposed cuts next year, which is pretty much the only timeframe this congress can influence re: cuts anyway.
I won’t believe a deal’s been reached until it passes The House. Obama has claimed a deal has been reached in the past when there wasn’t a deal. BO lies.
I hate to say it, but most of the young ones I see don't care a rats ass about anything except don't take away their cell phones, game boys, and facebook.
That’s a good sign it’s a decent compromise, I just hope it’s enough to keep the wheels on the wagon.
"Speaker Cave-In, we got 98% of what we wanted.
Remember, the Speaker got "we" want. The definition of "we" is "The Ruling Class" or "The Progressives". The Speaker is telling the truth, the ruling class got 98% of what they wanted, Americans got the shaft.
Primary out the traitors.
One of the few best postings I really like.
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