Mad Dawg Wiccan
Administrator
Rest in Peace
Only Bites Whiners
Joined: Jan 12, 2011 20:40:24 GMT -5
Posts: 9,693
|
Post by Mad Dawg Wiccan on Jun 26, 2011 19:49:03 GMT -5
Obama knew he would be a one-term President when he was elected, once the American people saw the "real" BHO and not the figure presented by the midstream media. Since he (his party) had control of both the Executive and Legislative branches of the government, it behooved him to enact his neomarxist policies while he could.
As the old saying goes, "It is easier to ask forgiveness than permission", Obama and Company know it is far easier to pass legislation (when you're in charge) than undo it.
|
|
formerexpat
Senior Member
Joined: Dec 18, 2010 12:09:05 GMT -5
Posts: 4,079
|
Post by formerexpat on Jun 26, 2011 19:57:57 GMT -5
Great - the speaker that presided over the largest increases in national debt history wants to talk about how we're going to fix the f*ck ups of her gavel swinging days.
|
|
|
Post by commentator on Jun 26, 2011 23:09:41 GMT -5
Disagreement on moderator issues aside, I would "Ignore" MDW if I could. His misinformed, inflamatory rhetoric isn't worth reading, much less responding too.
|
|
Bluerobin
Senior Associate
Joined: Dec 20, 2010 14:24:30 GMT -5
Posts: 17,345
Location: NEPA
|
Post by Bluerobin on Jun 27, 2011 5:31:44 GMT -5
If she is allowed to speak, she just may bore the Pubs into a deal. I can see why they would want to exclude her.
|
|
|
Post by privateinvestor on Jun 27, 2011 8:07:08 GMT -5
June 27 (Bloomberg) -- House Minority Leader Nancy Pelosi said reductions in “tax subsidies” for companies must be part of any deal to cut the U.S. budget deficit and increase the federal debt ceiling. Democratic President Barack Obama and Republican House Speaker John Boehner will need the support of Democrats to get an agreement through the House, Pelosi said yesterday in an interview on CNN’s “State of the Union.” Such an agreement would have to include both spending cuts and an end to tax breaks for some industries such as oil, she said. “You can’t cut your way out of the deficit,” California Democrat Pelosi said. “You have to have revenue on the table.” Obama stepped into the negotiations to cut at least $1 trillion from the long-term deficit and raise the nation’s $14.3 trillion debt ceiling before Aug. 2, after discussions led by Vice President Joe Biden broke down when House Majority Leader Eric Cantor, a Virginia Republican, walked out June 23, saying he wouldn’t discuss increases in revenue. “The obstacle has come because Leader Cantor walked away from the table because he doesn’t want to deal with the special- interest tax subsidies,” Pelosi said. Obama summoned Senate Majority Leader Harry Reid, a Nevada Democrat, and Minority Leader Mitch McConnell, a Kentucky Republican, for separate meetings at the White House today aimed at breaking the impasse. More Taxes “Throwing more tax revenue into the mix won’t get us the desired results,” McConnell yesterday said on ABC’s “This Week.” “And it won’t pass.” McConnell, who declined to completely rule out ending some tax breaks to raise revenue, said Republicans are focused on cutting spending. “We need to cut spending now, we need to cap spending in the future, and we need to save our entitlement programs,” he said. McConnell’s words echoed the pledge being circulated to members of Congress and Republican presidential candidates by Senator Jim DeMint, a South Carolina Republican, who is seeking passage of balanced budget amendment to the U.S. constitution. “I am convinced if we don’t have that requirement, we’re going to keep spending until our country becomes worse than Greece,” DeMint said yesterday on CNN’s “State of the Union.” Greece’s debt reached 143 percent of its gross domestic product last year and the country received a bailout from the European Union. The country is risking defaulting on its debts if it doesn’t approve tax increases and spending cuts in coming weeks. August Deadline www.businessweek.com/news/2011-06-27/pelosi-says-any-debt-deal-will-have-to-reduce-tax-subsidies.html
|
|
|
Post by privateinvestor on Jun 27, 2011 8:09:19 GMT -5
“You can’t cut your way out of the deficit,” California Democrat Pelosi said. “You have to have revenue on the table.”
This is Liberalisms for raising taxes that Pelosi advocates and not cut spending on Social Welfare Programs to appease her Liberal base
I don't know if she has been given a seat at the table today because Pelosi and Obama had a failing out after the shellacking the Dems received last November.
However Fox news just announced there is an impasse over this "revenue" issue because Obama wants more revenues which includes tax hikes....and the republicans are opposed to this of course.
|
|