• American Debt Linit,  Barack Obama,  Day By Day

    Day By Day August 4, 2011 – On the House

    Day By Day by Chris Muir

    Did you see how quickly President Obama beat it out of Washington after he signed the debt limit compromise bill in a private ceremony in the White House? Obama has an anathema to governing and wants to get back to what he does best – campaigning and delivering speeches.

    I don’t think this pivot towards jobs or anything else will work this time.

    And, the Obama jobs bus tour in the Midwest?

    This I have to see.

    The protests won’t be pretty. And, then, there is Joe the Plumber.

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  • American Debt Linit,  Barack Obama,  Day By Day,  John Boehner

    Day By Day August 3, 2011 – Boner Up

    Day By Day by Chris Muir

    The Debt Limit deal is not the greatest, but at least Speaker Boehner came off better than the President who is slinking off to Chicago today with the LEFT blogosphere pissed at him. Boehner called Obama’s bluff and he won by not losing.

    Now, if the economy continues to go into the ditch, Obama REALLY owns it.

    The LEFT understands the scenario better than the White House and know Obama is spiraling down to Jimmy Carter type territory. I mean, when you Jon Stewart starts to go after you.

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  • American Debt Linit,  Elton Gallegly,  MoveOn.org,  Ventura County Democratic Party

    Video: MoveOn.Org and Ventura County Democrats Protest Rep Elton Gallegly Over Bipartisan Debt Ceiling Deal

     

     

    This is just a set up from the Ventura County Democratic Party who astro-turfed this protest in their press releases. You see, the local Democrats know the California Citizen’s Redistricting Commission has gerrymandered Gallegly out of the current CA-24 Congressional district to the newly formed CA-36 which is less GOP friendly.

    So, they go to the streets ala Saul Alinsky to paint Gallegly in the worst “intellectually dishonest” light that they can.

    But, remember the American Debt Limit deal was a bipartisan affair and was supported by Democratic Senators Barbara Boxer AND Dianne Feinstein. President Obama signed the legislation yesterday.

  • American Debt Linit,  Gabrielle Giffords

    House Votes 269 – 161 To Raise Debit Limit and Cut Spending

    No American default now.

    The House has passed legislation designed to keep the government from defaulting on its debts. The measure also sets a course for reducing the federal deficit in the future.The Senate, where support is stronger, is expected to take up the bill on Tuesday, the deadline for Congress to act before the government loses its ability to pay all its bills.

    The 269-161 vote in the House came after Republican leaders spent the day urging recalcitrant conservatives to support the bill.

    The bill would raise the debt ceiling by more than $2 trillion and cut federal spending by a similar amount over the next decade. A special congressional committee would be set up to consider entitlement and tax changes.

    So, the long Washington drama is over and default has been averted.

    On a happy note, Arizona Rep. Gabrielle Giffords, the target of an assasination attempt in January returned to the House and cast her vote for the Debt Limit bill.

  • American Debt Linit,  Gabrielle Giffords,  Joe Biden,  Tea Party,  Terrorists

    Vice President Joe Biden Likens Tea Party Americans to TERRORISTS



    Good ol’ Slow Joe Biden put his foot in his mouth again.

    Vice President Joe Biden joined House Democrats in lashing tea party Republicans Monday, accusing them of having “acted like terrorists” in the fight over raising the nation’s debt limit.

    Biden was agreeing with a line of argument made by Rep. Mike Doyle (D-Pa.) at a two-hour, closed-door Democratic Caucus meeting.

    “We have negotiated with terrorists,” an angry Doyle said, according to sources in the room. “This small group of terrorists have made it impossible to spend any money.”

    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 declined to comment about what the vice president said inside the closed-door session.

    Earlier in the day, Biden told Senate Democrats that Republican leaders have “guns to their heads” in trying to negotiate deals.

    The vice president’s hot rhetoric about tea party Republicans underscored the tense moment on Capitol Hill as four party leaders in both chambers work to round up the needed votes in an abbreviated time frame. The bill would raise the debt limit by as much as $2.4 trillion through the end of next year and reduce the deficit by an equal amount over the next decade.

    Democrats had no shortage of colorful phrases in wake of the deal.

    Rep. Emanuel Cleaver (D-Mo.) called it a “Satan sandwich,” and Rep. Luis Gutierrez (D-Ill.) called seemed to enjoy the heat analogy, saying: “the Tea Partiers and the GOP have made their slash and burn lunacy clear, and while I do not love this compromise, my vote is a hose to stop the burning. The arsonists must be stopped.

    The Vice President of the United States should immediately apologize. This statement is just BULL.

    Rep. Mike Doyle should apologize as well.

    I thought President Obama and the Democrats called for “CIVILITY” after the Democratic Rep. Gabrielle Giffords shooting?

  • American Debt Linit,  California Citizens Redistricting Commission,  Flap's California Morning Collection,  Mitt Romney,  President 2012

    President 2012: Mitt Romney FINALLY Weighs Into Debt Ceiling Deal

    Republican presidential candidate, former Massachusetts Gov. Mitt Romney talks with reporters in Allentown, PA, June 2011

    At least he didn’t flip-flop. Mitt simply waited everyone out.

    Boston, MA – Mitt Romney today issued the following statement on the deal to raise the debt ceiling:

    “As president, my plan would have produced a budget that was cut, capped and balanced – not one that opens the door to higher taxes and puts defense cuts on the table. President Obama’s leadership failure has pushed the economy to the brink at the eleventh hour and 59th minute. While I appreciate the extraordinarily difficult situation President Obama’s lack of leadership has placed Republican Members of Congress in, I personally cannot support this deal.”

    Better late than never, I suppose…..

  • American Debt Linit,  Barack Obama,  Day By Day,  Obamacare

    Day By Day August 1, 2011 – Targeting the Next Generation

    Day By Day by Chris Muir

    Providing Democratic House Minority Leader Nancy Pelosi and Speaker John Boehner get thier Members in line, the next generation will have a little less debt. But, not a lot less and not a lot less anytime soon.

    …The debt limit will be raised by the $2.4 trillion needed to allow the federal government to pay it’s bills through the 2012 election. But this does not mean that President Obama will be able to avoid the debt, or any of the other surrounding issues, in the election.

    The deal supposedly cuts $2.4 trillion over ten years, but a quick reading shows that only $2.1 trillion of them are guaranteed to go into law, and less than 1 percent of them will actually occur before Obama’s current term is up. The plan calls for $900 billion in spending cuts from statutory caps on discretionary spending over ten years, but only $10 billion of those cuts are scheduled to occur over the next two years. The remaining $1.5 trillion in cuts is supposed to come from a “Super Congress” made up of House and Senate members pulled equally from each party.

    This Super Congress will fail to come to an agreement. No Republican appointed to the committee will be able to agree to any entitlement reform that does not fundamentally repeal Obamacare. And no Democrat appointed to the committee will sign off on any reform that does. When the Super Congress fails to reach agreement, another $1.2 trillion in cuts will be triggered, at least half of which will come from defense spending. But these cuts are spread out over nine years and none of them occur before 2013. The triggered defense spending cuts are a completely empty threat.

    So, America is saved from default and Washington can now concentrate on the economy, jobs and re-election. But, not in that order — of course.

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  • American Debt Linit,  Day By Day

    Day By Day July 31, 2011 – Workin’ at the Car Wash

    Day By Day by Chris Muir

    I will reserve judgment on the White House – GOP debit limit compromise until I see a finalized, written down DEAL.

    But, you know, the damage has been done to the Obama re-election effort. The President has showed little or no leadership and voters are paying attention.

    All of the machinations in Congress by Boehner, Reid and McConnell are lost on the average person. However, they realize someone is NOT doing their job and that is Obama.

    Stay tuned and remember the Asian credit markets open this afternoon.

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