1 posted on
07/15/2011 7:28:39 AM PDT by
kristinn
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To: All
GOP presser just starting. Jeb Henserling demanding Obama produce a plan.
Boehner up next. No tax hikes, real spending cuts that exceed increase in debt ceiling. Says time for Democrats to get serious.
2 posted on
07/15/2011 7:31:12 AM PDT by
kristinn
(Lowering the IQ on FR since Jul 31, 1998)
To: All
Priorities.
3 posted on
07/15/2011 7:33:03 AM PDT by
kristinn
(Lowering the IQ on FR since Jul 31, 1998)
To: kristinn
To: kristinn
Regarding O's threat to not send out Social Security checks on Aug 3 if the debt ceiling is not raised, a poster at
Belmont Club blog had a great observation:
By LAW Social Security is on automatic pilot. It has its own SEPARATE funding source: FICA tax. This revenue is specifically directed to the Entitled retirees. At this time receipts are exceeding expenditures.
All of which means that the Resident has NO statutory authority to stop the flow of funds — almost all of which are dispatched electronically.
The trust fund is in a paper-work lock-box.
The way it works is: excess FICA taxes are used exclusively to purchase T-bonds — at auction — at the same price and terms as the open market — exactly when the open market auction occurs.
Thusly, excess FICA taxes make their way into the General Fund. They don’t just go there in a straight line.
Should, for any reason, the Trust Fund need to redeem it’s position ( roll off its T-bonds ) it can sell them in the open market or present them for payment. Should the Resident NOT pay — it would be a clear cut DEFAULT by the US Treasury, no ifs ands or buts.
IT IS IMPOSSIBLE for the Wan to stop Social Security checks.
That he threatens such is a straight up indication of his impulse to despotism.
8 posted on
07/15/2011 7:42:06 AM PDT by
PapaBear3625
(When youÂ’ve only heard lies your entire life, the truth sounds insane.)
To: kristinn
10 posted on
07/15/2011 7:47:56 AM PDT by
Road Warrior ‘04
(I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
To: kristinn
Oooooooooo the Oblidiot speaks! Better check the batteries in the teleprompter and his little earpiece!
13 posted on
07/15/2011 7:52:29 AM PDT by
Danae
(Anailnathrach ortha bhais beatha do cheal deanaimha)
To: kristinn
Too early for the drinking game?
Well, yeah. Thanks for taking one for team, Kristinn. I won’t watch, as I can’t afford a new TV. Besides, I could have more fun cutting my grass with nailclippers. ;>
15 posted on
07/15/2011 7:55:30 AM PDT by
combat_boots
(The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
To: kristinn
OBAMAGEDDON Love it!!!!!
16 posted on
07/15/2011 7:56:34 AM PDT by
Marty62
(Marty60)
To: kristinn
Again?!?!
Geez, not one day goes by....
To: All; kristinn
According to Mike Pence (R-IN) on the Laura Ingraham, the House will pass next Wednesday a bill that cuts $112 billion this year, caps spending, and only raises the debt ceiling contingent on a balanced budget amendment passing and being sent to the states.
Rep. Jason Chaffetz is the House author. DeMint is carrying the water in the Senate.
Pence is telling people to HAMMER their representatives and senators.
To: kristinn
T minus ten, and counting....
20 posted on
07/15/2011 8:06:17 AM PDT by
HKMk23
(YHVH NEVER PLAYS DEFENSE! WHICH MEANS; IF YOU'RE ON DEFENSE, YOU'RE DOING SOMETHING WRONG.)
To: kristinn
The radio news this morning reported that boy king "gave lawmakers the day off".
Nice to know the "lawmakers" work for Obozo.
We need a GOP managed media outlet.
21 posted on
07/15/2011 8:06:25 AM PDT by
Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
Obamageddon!!! LOL!!! That’s the campaign winner, right there!
Thanks kristinn.
22 posted on
07/15/2011 8:08:57 AM PDT by
SunkenCiv
(Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
To: kristinn
Obaba’s will be late, so it should hit right when I declare Naptime. Whew.
23 posted on
07/15/2011 8:09:10 AM PDT by
Tax-chick
("This is a revolution, damn it! We're going to have to offend somebody!" ~ John Adams)
To: kristinn
I can’t help it.
I just turned off my television. Just can’t stand the guy.
Ugh. he’s such a liar!
To: kristinn
30 posted on
07/15/2011 8:16:57 AM PDT by
Clint N. Suhks
(Liz Cheney/Sarah Palin 2012)
To: kristinn
Still trying to jam the Republicans. Lying sack o shiite. More babble and no proposals. FUBO
Flush this turd in November 2012
34 posted on
07/15/2011 8:18:15 AM PDT by
dennisw
(NZT - "works better if you're already smart")
To: kristinn
He’s spinning again...talking about ‘revenues’ that polls ahve shown Republicans support revenue increases...what he DOES’NT say is they are in favor of doing something about RATES, not general tax increases. Duplicitous liar.
42 posted on
07/15/2011 8:20:20 AM PDT by
SueRae
(I can see November 2012 from my HOUSE!!!!!!!!)
To: kristinn
Republicans saying we need to include revenues (taxes)....
Ah..yeah we’re saying that as 47% of the population DOESN’T PAY ANY TAXES! We understand the rich, the millionaires, and billionaires CAN’T SAVE THIS COUNTRY BY THEMSELVES!!!
I hate liberals twisting what the F@$^# we are telling them.
43 posted on
07/15/2011 8:20:59 AM PDT by
EBH
( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
To: kristinn
His GOP friends? Really? I never knew that Chicago politicians sported real friends, I thought they just have connections on a first name basis.
46 posted on
07/15/2011 8:21:08 AM PDT by
armymarinemom
(My sons freed Iraqi and Afghan Honor Roll students.)
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