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Debt Deal Fallout Potpourrie
by JASmius
Sometimes the American people are collectively dumber than a box of hair - as evinced by the very election of Barack Hussein Obama to the presidency thirty months ago. But other times, and after enough evidence has amassed of their foolishness, they start to "get it". This Insider Advantage poll exemplifies the latter:
Americans narrowly disapprove of the deficit reduction bill agreed upon in Washington on Monday, but they disapprove of Congress’ and President Obama’s handling of the debt ceiling crisis by a wide margin, according to a Newsmax poll conducted by InsiderAdvantage.
The survey also found that House Speaker John Boehner gets the highest approval marks among prominent members of Congress who played key roles in the agreement.
In the poll of more than 1,500 registered voters, 44% of respondents said they approve of the legislation, but 47% don’t like it, and the rest have no opinion.
Was the debt deal a "turkey"? You betcha. Was it a lot better than it could have been if Republicans hadn't held their ground against Donk demands for tax increases and a "clean" debt ceiling raise? Absotively. Did it force the Dems to (finally) take the lion's share of responsibility for the economy their "god" has laid waste? Definitely. The Cryin' Man comes out of it as a sympathetic figure, a statesman dealing with rabid, intellectually adolescent children who got the best deal he could while fully acknowledging that America needs and deserves better.
A step, in other words, towards American renewal that can only be reached with a new president and Senate in 2013.
Here's another key takeaway:
“Most interestingly, just 38% of Republicans approve, so we can now understand why Republican candidates say they oppose the bill: They have pollsters, too, and understand the opposition among GOP voters.
“It’s also significant that more than half of independents disapprove, and independents will be crucial if Republicans expect to knock off President Obama in 2012.”...Significantly, 60% of the crucial independent voters say they don’t approve of Obama’s performance.
The ground for America's de-Obamification in 2012 is growing more fertile by the day. And we have Speaker Boehner's cagey debt ceiling compromise to thank for it.
~ ~ ~
Especially since the bigger debt problem hasn't been so much as looked at crosseyed, and the larger economy is still in Red Barry's commode:
A sell-off erased this year's gains in the stock market Tuesday as investors grew increasingly concerned about the economy.
The Dow Jones Industrial Average lost 265.87 points, or 2.2%, to 11,866.62. The Dow has lost 858 points, or 6.7%, in the last eight trading days.
The Standard & Poor's 500 -- the benchmark for most U.S. mutual funds -- lost 2.6% and fell to its lowest point of the year. It is down 0.3 percent for the year and is off nearly 8% since reaching a high for the year of 1,363 on April 29.
A series of weak economic reports and poor earnings reports from several big companies spurred the decline.
Reports such as....:
The Commerce Department reported that consumers cut
their spending in June for the first time in nearly two years. Analysts had
predicted a slight increase. Incomes also rose by the smallest amount since
September, reflecting a weak job market.
The report came one day after a weak manufacturing report. And on Friday the government said that in the first half of the year, the economy grew at its slowest pace since the recession ended in June 2009.
"The market is starting to wonder where the growth is going to come from," said Nick Kalivas, a vice president of financial research at MF Global. "It hasn't hit the panic button yet, but that's where we're drifting."
At warp ten, my friends. The only way to avoid the brick wall is to tear one of the Li'l President's feet off the gas pedal, and then pry his other of the private sector's throat.
~ ~ ~
You'd think a guy like Glenn Beck would recognize that imperative, and the means of attaining it. And you would be wrong:
Conservative talk radio host Glenn Beck leaves no doubt about how he feels about the deficit reduction bill that President Barack Obama and Congress finally agreed upon, calling the “big compromise” a betrayal.
“Don’t be fooled. We’ve just been betrayed by Washington,” Beck writes in a commentary for The Blaze website.
“When Harry Reid hails a ‘bipartisan compromise,’ you know we’re doomed.
“Republicans and Democrats have just negotiated away the future of our children behind closed doors. The big compromise on Capitol Hill features elaborate triggers, tranches, Hornswogglers, Snozzwangers, Super Duper Commissions that will make the Snozzberries taste like Snozeberries, and a whole bunch of other convoluted gibberish that will, no doubt, come with loopholes and create entire new bureaucracies. What it doesn’t do is fix the problem.
No, Glenn, we haven't been "betrayed by Washington". We, the People, crapped our own bed by electing Barack Obama and Harry Reid and Nancy Pelosi in the first place, and now we're frantically trying to climb out of this hellhole they've dug us. But it's a long, arduous process that won't be aided or abetted by delivering forearm shivvers to the people at the top of the rope - especially when Captain Awesome still holds the high ground.
~ ~ ~
Here's an example of why that high ground most definitely is not of the "moral" variety:
Sarah Palin is the latest politician to speak out against Joe Biden’s alleged likening of tea party lawmakers in debt-ceiling negotiations to terrorists, saying that his words were appalling and vile, reports ABC News.
“I think we’re getting kind of used to being called names — racists, inciters of violence, being accused of things that we have nothing to do with,” the former Alaska governor and tea party activist said on Greta Van Susteren’s Fox News show. “I suppose it’s a bit more appalling to have been called acting like terrorists by he who is second in command of the most powerful office in the world. It’s quite appalling. It proves how out of touch this White House is.”
Oh, they're not "out of touch"; they simply know that the only hope they have to avoiding "change" next year is to piss in the electoral punch bowl so much that independents and RINOs will tune out, turn off, and stay home, and Red Barry can scrape to another term on the strength of the extremist Donk base alone. Which is why Glenn Beck's GOP-turnout-depressing comments are so monumentally unhelpful.
Take a good, whiff of Sherriff Rogaine's slime, ladies and gentlement; between now and next November, you ain't seen NOTHING yet.
[cross posted at Hard Starboard]
Birth Control A Right? Obama Wants Insurance to Eat the Cost
Does he think that insurance companies won't up rates to cover the cost of these "freebies"? Or is that the plan? Rate hikes equal more criticisms by the democrats. . .
Insurers must cover birth control with no copays
WASHINGTON (AP) — Health insurance plans must cover birth control as preventive care for women, with no copays, the Obama administration said Monday in a decision with far-reaching implications for health care as well as social mores.
-- Political Pistachio Conservative News and Commentary
Read more »
Insurers must cover birth control with no copays
WASHINGTON (AP) — Health insurance plans must cover birth control as preventive care for women, with no copays, the Obama administration said Monday in a decision with far-reaching implications for health care as well as social mores.
-- Political Pistachio Conservative News and Commentary
Biden Calls Tea Party Republicans "Terrorists" - So Much For Civility
Sources inside a closed-door meeting of Senate Democrats today said Vice President Joe Biden participated in a bit of name-calling. But not just any name-calling. No, those sources tell Politico that Biden likened Tea Party Republicans to “terrorists.”
“We have negotiated with terrorists,” angry Rep. Mike Doyle, a Democrat from PA, said, according to sources who were in the room. “This small group of terrorists have made it impossible to spend any money.”
Biden agreed:
Biden, driven by his Democratic allies’ misgivings about the debt-limit deal, responded: “They have acted like terrorists,” according to several sources in the room.
Biden’s office refused to comment to Politico about what was said, citing that the meeting took place in a closed-door session.
The rhetoric wouldn’t be odd for the fiery former Senator from Delaware. As Politico notes, earlier in the day he told Senate Democrats that Republican leaders have “guns to their heads” in trying to negotiate deals.
The comments come as both sides of the aisle are upset about the proposed deal between Republican and Democratic leaders in both the House and Senate, and Biden was dispatched to try and rally support.
Read More At The Blaze
-- Political Pistachio Conservative News and Commentary
Read more »
“We have negotiated with terrorists,” angry Rep. Mike Doyle, a Democrat from PA, said, according to sources who were in the room. “This small group of terrorists have made it impossible to spend any money.”
Biden agreed:
Biden, driven by his Democratic allies’ misgivings about the debt-limit deal, responded: “They have acted like terrorists,” according to several sources in the room.
Biden’s office refused to comment to Politico about what was said, citing that the meeting took place in a closed-door session.
The rhetoric wouldn’t be odd for the fiery former Senator from Delaware. As Politico notes, earlier in the day he told Senate Democrats that Republican leaders have “guns to their heads” in trying to negotiate deals.
The comments come as both sides of the aisle are upset about the proposed deal between Republican and Democratic leaders in both the House and Senate, and Biden was dispatched to try and rally support.
Read More At The Blaze
-- Political Pistachio Conservative News and Commentary
Report: Netanyahu Said to Relent on Borders
by JASmius
My friends, I will believe it only when I see it. And this doesn't meet that threshold:
Israeli Prime Minister Benjamin Netanyahu would be willing to resume talks with the Palestinians on the basis of the 1967 boundary line, which would mean withdrawing from West Bank territory, Israel’s Channel Two television said yesterday.
An Israeli official, speaking anonymously because of the sensitivity of the subject, said that as part of Israel’s effort to return to peace talks and counter a Palestinian bid for UN recognition, Israel is willing to accept a U.S. proposal on borders. Netanyahu had publicly rejected U.S. President Barack Obama’s call to use the 1967 boundaries as a starting point for negotiations when the two leaders met at the White House May 21.
That has every telltale of a Labor/Kaditha leak designed to outflank Bebe's firm, principled stance, knock him off-message and onto the defensive, and ultimately become a self-fulfilling prophecy of Israeli national suicide. Kinda like leaks prior to the Reykavik summit in 1985 that had President Reagan agreeing to compromise with Mikhail Gorbachev on SDI. Reagan walked out rather than agree to slit his own country's strategic throat in the face of Soviet nuclear superiority. So will Prime Minister Netanyahu on retreating to the accurately described indefensible 1967 frontiers.
It's literally a matter of life and death.
[cross-posted at Hard Starboard]
Bad Budget Bill Passes House, Heads To Senate
"Public affairs go on pretty much as usual: perpetual chicanery and rather more personal abuse than there used to be." --John Adams
By Douglas V. Gibbs
The highlight of the House vote was that Congresswoman Giffords voted. Despite her "yes" vote, it was great to see this courageous woman, who had been shot in the head mere months ago, up and around and serving her nation once again.
Most of the Tea Party Freshmen refused to vote "yes" (though a disappointing few, including one of my favorites, Allen West, did vote "yes"), holding on to their principles, and their pledge that they would work to cut spending, and not allow a raise in the debt ceiling.
There are no spending cuts in this bill, only a promise to spend less in the future - of which there is no guarantee that promise will be honored - while still giving the liberal Democrats a raise in the debt ceiling (meaning the okay to spend more and more and more...).
Granted, as Paul Ryan has explained, there are caps in spending in the bill that he's been working on for years. But real spending cuts won't be achieved until the federal government is forced to cut spending - which could have been accomplished by refusing to raise the debt limit.
Understand, this bill represents a betrayal by the professional politicians, who refuses to listen to the people, the Tea Party, or common sense.
The Tea Party Freshmen get it - this is not about ideology, or about re-election. This is all about stopping the unsustainable madness we see the leftists propagating.
We will not see change in Washington regarding federal spending until they get serious about the fundamentals, and are willing to drop the lies about their threat of default if the debt ceiling isn't raised.
Both the establishment Republicans, and the liberal Democrats, have come to an agreement that clearly is not a compromise as they are calling it, but a compromise of our future, of our children's future. Unsustainable spending remains in place, and a special joint committee is supposed to make it all good - but the committee is filled with them - the ones that can't stop spending.
In the end, this deal does not fix the problem. It merely delays resolution, and moves us closer to becoming like Greece.
Raising the limits on my credit, and then spending madly, wouldn't be good for my own personal budget, and it is no good for the federal budget as well.
Telling my wife that if we didn't get a raise in the limit for my electronics store credit card we wouldn't be able to pay the mortgage is idiotic, the claim doesn't make it true, and she would see through such a lie immediately. Yet, we are supposed to believe that if they don't raise their credit limit in Washington, there will be a default.
Can they not prioritize their spending?
They tell us this budget bill is full of spending cuts. As if the politician's promise of future cuts is believable - their word isn't exactly rock solid, in my opinion.
Experience has taught us that the Washington cesspool lies. In 1982 Reagan had been promised that if he raised taxes, the cuts in spending would exceed the amount of taxes raised - and Reagan believed the Congressional Democrats. What happened was the biggest raise in taxes in history, and not a single cut. The Democrats lied, and Reagan learned a valuable lesson.
How is it that the conservative Republicans of today that voted for this turkey has fallen for the exact same lie?
Granted, there was no tax increases (or so the politicians claim) - but the spending cuts claim is a lie. And for that matter, their definition isn't even in line with what we want - they aren't cutting spending - they are merely claiming they will spend less in the future.
And mark my words: This claim that there are no tax increases is a lie - they will find a way to kick up the tax rates.
This deal raises the debt limit by about $2.5 trillion dollars without making substantial and immediate cuts, while they say the opposite.
We are being lied to.
Promises mean nothing in Washington.
The federal government spends more than it has coming in, and the problem isn't revenue, it is over-spending. You cannot run any economy in that manner. It is unsustainable. It will catch up to you eventually. Printing trillions more does not create jobs, it does not create demand, it does not encourage consumer spending, and it does not reduce unemployment. Printing trillions simply pushes us closer to disaster.
The only way to turn this economy around is to act fiscally responsible, balance the budget, cut back the incredible spending, and reform entitlements.
-- Political Pistachio Conservative News and Commentary
Gabby Giffords returns to Congress and helps House pass debt compromise - Yahoo News
Boehner debt ceiling bill's 22 'no' votes: Who's who - Politico
Paul Ryan Explains Debt Limit Deal - Right Scoop
AP: ‘ALMOST NONE’ OF DEBT DEAL’S SPENDING CUTS WOULD OCCUR UNTIL 2014 - The Blaze
How the Freshman Voted - American Spectator
Why I Opposed the Debt Limit Increase - Tom McClintock
Read more »
By Douglas V. Gibbs
The highlight of the House vote was that Congresswoman Giffords voted. Despite her "yes" vote, it was great to see this courageous woman, who had been shot in the head mere months ago, up and around and serving her nation once again.
Most of the Tea Party Freshmen refused to vote "yes" (though a disappointing few, including one of my favorites, Allen West, did vote "yes"), holding on to their principles, and their pledge that they would work to cut spending, and not allow a raise in the debt ceiling.
There are no spending cuts in this bill, only a promise to spend less in the future - of which there is no guarantee that promise will be honored - while still giving the liberal Democrats a raise in the debt ceiling (meaning the okay to spend more and more and more...).
Granted, as Paul Ryan has explained, there are caps in spending in the bill that he's been working on for years. But real spending cuts won't be achieved until the federal government is forced to cut spending - which could have been accomplished by refusing to raise the debt limit.
Understand, this bill represents a betrayal by the professional politicians, who refuses to listen to the people, the Tea Party, or common sense.
The Tea Party Freshmen get it - this is not about ideology, or about re-election. This is all about stopping the unsustainable madness we see the leftists propagating.
We will not see change in Washington regarding federal spending until they get serious about the fundamentals, and are willing to drop the lies about their threat of default if the debt ceiling isn't raised.
Both the establishment Republicans, and the liberal Democrats, have come to an agreement that clearly is not a compromise as they are calling it, but a compromise of our future, of our children's future. Unsustainable spending remains in place, and a special joint committee is supposed to make it all good - but the committee is filled with them - the ones that can't stop spending.
In the end, this deal does not fix the problem. It merely delays resolution, and moves us closer to becoming like Greece.
Raising the limits on my credit, and then spending madly, wouldn't be good for my own personal budget, and it is no good for the federal budget as well.
Telling my wife that if we didn't get a raise in the limit for my electronics store credit card we wouldn't be able to pay the mortgage is idiotic, the claim doesn't make it true, and she would see through such a lie immediately. Yet, we are supposed to believe that if they don't raise their credit limit in Washington, there will be a default.
Can they not prioritize their spending?
They tell us this budget bill is full of spending cuts. As if the politician's promise of future cuts is believable - their word isn't exactly rock solid, in my opinion.
Experience has taught us that the Washington cesspool lies. In 1982 Reagan had been promised that if he raised taxes, the cuts in spending would exceed the amount of taxes raised - and Reagan believed the Congressional Democrats. What happened was the biggest raise in taxes in history, and not a single cut. The Democrats lied, and Reagan learned a valuable lesson.
How is it that the conservative Republicans of today that voted for this turkey has fallen for the exact same lie?
Granted, there was no tax increases (or so the politicians claim) - but the spending cuts claim is a lie. And for that matter, their definition isn't even in line with what we want - they aren't cutting spending - they are merely claiming they will spend less in the future.
And mark my words: This claim that there are no tax increases is a lie - they will find a way to kick up the tax rates.
This deal raises the debt limit by about $2.5 trillion dollars without making substantial and immediate cuts, while they say the opposite.
We are being lied to.
Promises mean nothing in Washington.
The federal government spends more than it has coming in, and the problem isn't revenue, it is over-spending. You cannot run any economy in that manner. It is unsustainable. It will catch up to you eventually. Printing trillions more does not create jobs, it does not create demand, it does not encourage consumer spending, and it does not reduce unemployment. Printing trillions simply pushes us closer to disaster.
The only way to turn this economy around is to act fiscally responsible, balance the budget, cut back the incredible spending, and reform entitlements.
-- Political Pistachio Conservative News and Commentary
Gabby Giffords returns to Congress and helps House pass debt compromise - Yahoo News
Boehner debt ceiling bill's 22 'no' votes: Who's who - Politico
Paul Ryan Explains Debt Limit Deal - Right Scoop
AP: ‘ALMOST NONE’ OF DEBT DEAL’S SPENDING CUTS WOULD OCCUR UNTIL 2014 - The Blaze
How the Freshman Voted - American Spectator
Why I Opposed the Debt Limit Increase - Tom McClintock
