Vice President Joe Biden Likens Tea Party Americans to TERRORISTS

Posted 1 CommentPosted in American Debt Linit, Gabrielle Giffords, Joe Biden, Tea Party, 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?

President 2012: Mitt Romney FINALLY Weighs Into Debt Ceiling Deal

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

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…..

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

Posted 1 CommentPosted in American Debt Linit, Barack Obama, Day By Day, Obamacare

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.


The Day By Day Archive

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

Posted 1 CommentPosted in American Debt Linit, Day By Day

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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The White House and GOP Have Reached a Tentative Deal on the Debt Limit

Posted Posted in American Debt Linit, American Economy

According to ABC News.

ABC News has learned that Republicans and the White House have struck a tenative deal to raise the debt ceiling before the Aug. 2 deadline. It’s not done yet, but here is the framework of the tentative deal they have worked out, according to a source familiar with the negotiations:

    Debt ceiling increase of up to $2.8 trillion
    Spending cuts of roughly $1 trillion
    Vote on the Balanced Budget Amendment
    Special committee to recommend cuts of $1.8 trillion (or whatever it takes to add up to the total of the debt ceiling increase)
    Committee must make recommendations before Thanksgiving recess
    If Congress does not approve those cuts by late December, automatic across-the-board cuts go into effect, including cuts to Defense and Medicare.

A senior White House aide pushed back against the idea that a deal was struck.

“Talks continue, but there is no deal to report,” the aide said.

There is some push back from Democrats and Republicans on Twitter.

Senate majority leader Harry Reid has postponed a vote on his plan in the Senate until 1 PM (EDT) tomorrow.

Stay tuned…..

Day By Day July 29, 2011 – Skin Job

Posted Posted in American Debt Linit, Day By Day, John Boehner

Day By Day by Chris Muir

Speaker Boehner has done his best but it is not good enough. New Members of Congress were elected to CUT spending and the Boehner Plan like the Reid Debit Limit Plan kick the can down the road.

Let the President and the majority Congressional Democrats propose their own debt limit plan that could pass both Houses of Congress or prepare for living in a world where the USA does not borrow any more money.

Here is a graph to frame the debate:

But, stay tuned as the House GOP Caucus is meeting presently. 216 positive votes are needed for passage of the Boehner Plan.


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