ugonow
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Post by ugonow on Jul 12, 2011 11:35:52 GMT -5
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 11:38:54 GMT -5
i see. so, if congress appropriates funds for shit they can't pay for, it is NOT up to them to raise the debt ceiling to fund it? what planet are these people from?
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swamp
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Post by swamp on Jul 12, 2011 11:42:27 GMT -5
i see. so, if congress appropriates funds for shit they can't pay for, it is NOT up to them to raise the debt ceiling to fund it? what planet are these people from? The planet of "Ihavetogettheporkformydistrictsoi'llbeelectedagain."
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ugonow
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Post by ugonow on Jul 12, 2011 11:44:14 GMT -5
That is like the balanced budget amendment. So if congress is short of money,will they claim to be constitutionaly bound to raise taxes ?
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 11:44:33 GMT -5
i see. so, if congress appropriates funds for shit they can't pay for, it is NOT up to them to raise the debt ceiling to fund it? what planet are these people from? The planet of "Ihavetogettheporkformydistrictsoi'llbeelectedagain." the "cut it somewhere else" contingent is alive and well.
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 11:45:15 GMT -5
That is like the balanced budget amendment. So if congress is short of money,will they claim to be constitutionaly bound to raise taxes ? probably why that thing never passed.
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swamp
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Post by swamp on Jul 12, 2011 11:48:08 GMT -5
The planet of "Ihavetogettheporkformydistrictsoi'llbeelectedagain." the "cut it somewhere else" contingent is alive and well. Money to someone else's district is pork. Money to your own district is good representation.
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 11:49:42 GMT -5
the "cut it somewhere else" contingent is alive and well. Money to someone else's district is pork. Money to your own district is good representation. precisely. and with 535 people saying the same exact thing, it is little wonder how every ounce of flesh is greeted with howls of anguish.
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ugonow
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Post by ugonow on Jul 12, 2011 11:50:23 GMT -5
The're backkkkkkkkk
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Post by maui1 on Jul 12, 2011 11:55:40 GMT -5
the only way to 'check' our gov't spending addiction, is for the house to vote NO on raising the debt limit.
think about what has happened in the past and what they are proposing now........
our reps want to raise the debt limit by 2 trillion now and cut anywhere from 2 to 4 trillion over the next 10 years.
can anyone take that seriously? spend 2 trillion more than the 14 trillion we spent already, with the promise that some other guy in congress, will spend less in the future?
after doing this 100 times since 1920, can anyone take this seriously? i mean ...seriously?
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Driftr
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Post by Driftr on Jul 12, 2011 11:56:51 GMT -5
I wonder if the following proposal would work.
Republicans agree to raise the debt limit 10 trillion dollars contingent upon a ratified constitutional ammendment stating Treasury shall not issue payments exceeding 95% of the previous years payments through the year 2040.
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ugonow
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Post by ugonow on Jul 12, 2011 12:00:00 GMT -5
I wonder how much the Norquist pledge has to do with it.Many of the fiscal conservatives were all for cutting loopholes and subsidies before this.
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Post by maui1 on Jul 12, 2011 12:00:31 GMT -5
Republicans agree to raise the debt limit 10 trillion dollars contingent upon a ratified constitutional ammendment stating Treasury shall not issue payments exceeding 95% of the previous years payments through the year 2040.
when they spend the 10 trillion, they will declare a "national emergency' when they need more money, and will declare a one time increase that will be repeated over an over again, a la....today!
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 12:01:57 GMT -5
I wonder how much the Norquist pledge has to do with it.Many of the fiscal conservatives were all for cutting loopholes and subsidies before this. only about half the GOP signed it. so, not very much, is my take on it.
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Post by maui1 on Jul 12, 2011 12:06:58 GMT -5
cutting tax loop holes is a distraction. the tax code needs to be trashed and replaced with a very simple tax, that has nothing attached, so as to not start the tax lobbing all over again.
we shouldn't mix one problem with another.
it is like trading in your used car for a new car. you get confused by the numbers and walk out of the dealership with your ass handed to you.
do one deal 1st, then do the other deal separately, so you have a clear picture of what is taking place.
car salesmen have nothing on politicians, when it relates to making money on a deal.
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djAdvocate
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Post by djAdvocate on Jul 12, 2011 12:10:00 GMT -5
Boehner is dead wrong about the debt ceiling, btw. it is fundamentally HIS problem, not Obama's. unless, of course, he wants to resign as speaker.
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ugonow
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Post by ugonow on Jul 12, 2011 14:59:11 GMT -5
Depending on which ones, it could have one,imo.
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