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MEET THE PRESS (NBC): Sens. John Kerry, D-Mass
Kerry is full of metaphors about hostages, but no specifics except to claim Obama had a $4 trillion dollar plan, not mentioning the planned exogenous tax increase that the Romers’ provide proof only lowers real GDP(post #73)
Whoops!
Teepaw beating on Bachmann and Wallace (of all people) sticking up for the goil.
FNS
Pawlenty:
Gotta give him credit — he is scoring some good points against Obama and Obama’s failures to show plans.
Ah, still listed as White House adviser even though 100% of his time is spent working on the Obama re-election campaign. Nice.
Just so you know, NPR is spinning that the downgrade was a mult-trillion dollar error cuz the white house says so and it’s only significance is as a 2012 campaign narrative for Republicans. No wonder liberals are so uninformed.
OK.....
I think freeper needs to award a medal to those Freepers who go into enemy territory on the Sun Morning news shows and are severly wounded by listening to Madow, Krugman, Kerry, Greenspan etc!
I have been dealt severe, almost fatal , emotional damage by listening to them this morning...it is now extending to physical damages (ie, unable to move, neck spasms, vomitting).
I suggest:
” THE FREEEPR MEDAL OF COURAGE FOR REPORTING FROM BEHIND ENEMY LINES “
"The truly fundamental question that is at the heart of the disaster toward which we are racing is being debated only in America: is it possible for a free market economy to support a democratic socialist society? On this side of the Atlantic, the model of a national welfare system with comprehensive entitlements, which is paid for by the wealth created through capitalist endeavour, has been accepted (even by parties of the centre-Right) as the essence of post-war political enlightenment.
This was the heaven on earth for which liberal democracy had been striving: a system of wealth redistribution that was merciful but not Marxist, and a guarantee of lifelong economic and social security for everyone that did not involve totalitarian government. This was the ideal the European Union was designed to entrench. It was the dream of Blairism, which adopted it as a replacement for the state socialism of Old Labour. And it is the aspiration of President Obama and his liberal Democrats, who want the United States to become a European-style social democracy.
But the US has a very different historical experience from European countries, with their accretions of national remorse and class guilt: it has a far stronger and more resilient belief in the moral value of liberty and the dangers of state power. This is a political as much as an economic crisis, but not for the reasons that Mr Obama believes. The ruckus that nearly paralysed the US economy last week, and led to the loss of its AAA rating from Standard & Poor’s, arose from a confrontation over the most basic principles of American life.
We have arrived at the endgame of what was an untenable doctrine: to pay for the kind of entitlements that populations have been led to expect by their politicians, the wealth-creating sector has to be taxed to a degree that makes it almost impossible for it to create the wealth that is needed to pay for the entitlements that populations have been led to expect, etc, etc. A general correction of the imbalance between wealth production and wealth redistribution is now a matter of basic necessity, not ideological preference.
The hardest obstacle to overcome will be the idea that anyone who challenges the prevailing consensus of the past 50 years is irrational and irresponsible. That is what is being said about the Tea Partiers. In fact, what is irrational and irresponsible is the assumption that we can go on as we are."
I just saw where S&P has suddenly changed their tune. THey have now issued a new statement saying that if Congress had simply given Obama a clean bill to raise the debt ceiling with no spending cuts, then Treasury notes wouldn’t have been downgraded. Does anyone have a link to this?
ABC, interesting Alinsky against S&P
I remember when Bush tries to reign in Fannie and Freddie, and the Progressive Left destroyed the notion a bubble was about to burst
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Democrats: Tea Party Downgrade! Just have to hate democrats.
Paul Ryan Ping List!
Congressman Ryan is on Fox News Sunday.