Showing posts with label Fiscal Responsibility. Show all posts
Showing posts with label Fiscal Responsibility. Show all posts

Monday, July 23, 2012

Quote of the Day

"... the explanation you get from people in the White House, people around the President, [is] that there's no way he could have led on that because his proposals become instantly toxic."
That's journalist Dan Balz on MSNBC this morning. The "that" he's talking about is the Simpson-Bowles commission created by President Obama to address policies and look for fiscal solutions to help long term financial sustainability.

The reason the Obama administration hasn't moved on or promoted Simpson-Bowles, despite the fact that it still sits on the White House website, is because Republican intransigence has made it virtually impossible for the President to take any stand, make any comment, decision or proposal on any policy issues without getting immediate and unanimous pushback from the opposition party.

The reason is obvious, as stated by Sen. Mitch McConnell.
“The single most important thing we want to achieve is for President Obama to be a one-term president.”
That includes blocking any nominations, blocking any votes on the floor through filibuster or placement of anonymous holds, and your general obstructionist shenanigans to make it seem like the Obama administration can't get anything done, even though contrary to popular belief, this administration has been one of the most prolific in decades.

Who else agrees with Dan Balz? Former Republican Senator Alan Simpson. And here's his reasoning:
"Co-chairman Alan Simpson, a former Republican senator from Wyoming, said it was 'the saddest thing' to see 'no' votes from senators who had fought for the congressional commission for years. 'What was the purpose of that?' he asked at a bipartisan forum Sunday with several dozen governors. 'As far as I can discern, it was to stick it to the president.'"
Correct, Mr. Simpson. 100% correct.

This isn't to infer that the drastic cuts in the commission are the only way to go, but instead to point out that no matter what the President does, he will encounter fierce opposition from the Republican Party solely for the purpose of electoral defeat in 2012, regardless of the consequences it causes the country.

(Cross-posted on ABLC)

Friday, September 30, 2011

Will O'Reilly Quit If Taxed at a Higher Rate?

Absolutely not. And he said as much on The Daily Show.

Here's Jon Stewart taking Bill O'Reilly to the woodshed yet again. I would truly love to see O'Reilly in a serious discussion with Stewart regarding the issues they speak about, instead of his insistence in trying out a punchline here and there. I do believe he's a smart guy - but I also believe he knows where his bread is buttered and therefore leans towards conclusions with which he might not otherwise agree.



The Solyndra fiasco was reported, or shall I say regurgitated by the media before all the facts were made known.
And the $16 muffins? That's already been debunked as well. Too bad Stewart didn't know anything about it.

Friday, September 9, 2011

Deadbeat Dad Joe Walsh Suing To Continue Being A Deadbeat

I don't know if the Tea Party bargained for having this moron be the face of their movement.

Republican Illinois Rep. Joe Walsh loves to show his face on the talking head shows and shake his fist in the direction of President Obama, go as far as calling the President a liar and refusing to attend joint sessions of Congress, something that I believe elected officials are payed to do. No, it's not mandatory but you get my drift.

Well, soon after Walsh decided to put his face front and center on all the cable news channels and call for fiscal responsibility, it was revealed that he was a deadbeat dad, owing over $100,000 in back child support. So much for fiscal responsibility.

When faced with an embarrassing situation as an elected official, a normal person would most likely settle the issue and move on. But not Tea Party Joe. He's doubling down.
Six days after the Sun-Times reported that Rep. Joe Walsh allegedly owes more than $100,000 in child support for three of his children, the McHenry Republican filed a motion seeking sanctions against his ex-wife.
Walsh’s attorneys sought the sanctions against Laura Walsh because they said she had not complied with their request in February to provide them voluminous documentation of her employment and salary records at pharmaceuticals manufacturer Eli Lilly as well as bank statements, tax returns and expense reports.
At that time, Joe Walsh’s attorneys had scheduled an April interview with Laura Walsh and said they needed the extensive documentation to prepare for it.
Laura Walsh’s attorney, Jack Coladarci, called that request “harassment” and said the issue was why Joe Walsh was not paying $117,000 of back child support and interest. Laura Walsh had no corresponding obligation to pay Joe Walsh any support, and so the extensive requests for documents were inappropriate, Coladarci said.
Walsh has set the bar for the definition of "Douchebag." Tea Partiers must be so proud of their choice.

Friday, July 29, 2011

Deadbeat Dad Wants Government Austerity

I keep wondering why Rep. Joe Walsh (R-Teabag Freakville) is getting so much face time on the cable news shows. He calls President Obama a liar and complains about his out of control spending, completely oblivious to the fact that all of the spending done by this administration thus far pales in comparison to he who shall not be named.

But now I realize why Joe Walsh thinks we should not raise the debt ceiling, default on our obligations and to hell with our economy. It's his own modus operandi.

U.S. Rep. Joe Walsh of McHenry owes more than $100,000 in child support and interest to his former wife, she alleges in a Cook County Circuit Court filing.
The dispute, set out in a court filing last December, remains unsettled. Walsh's ex-wife says he is $117,437 behind in payments.
I know that in the state of New York, you are automatically arrested for being in arrears in child support payments. And this fucking deadbeat douchebag dad is on the television machine crying nonstop about balanced budget amendments and fiscal responsibility?! Fuck you, Joe Walsh!

Visit msnbc.com for breaking news, world news, and news about the economy

Saturday, July 16, 2011

President Obama's Weekly Address - July 16, 2011

Securing Our Fiscal Future

Friday, July 15, 2011

Charles Krauthammer Is Missing Something

Today's op-ed from Charles Krauthammer has one craaaazy headline: Call Obama's Bluff

Hasn’t the White House leaked that he’s prepared to raise the Medicare age or change the cost-of-living calculation?
Anonymous talk is cheap. Leaks are designed to manipulate. Offers are floated and disappear.
Say it, Mr. President. Give us one single structural change in entitlements. In public.
Now obviously, when in the course of negotiations, it's a pretty dumb idea to float your ideas in public as far as specifics are concerned. And of course, Mr. Krauthammer knows this - surely he's not that stupid. He's just trying to shoehorn his perspective into his piece. But apparently, Mr. Krauthammer hasn't been listening when it comes to statements in public.
Obama signaled at his press conference today that changes to Social Security could be a bargaining chip in a deficit reduction deal with Republicans – something many Democrats have staunchly opposed.
“The reason to do Social Security is to strengthen Social Security to make sure that those benefits are there for seniors in the out-years,” Obama said. “ And the reason to include that potentially in this package is if you’re going to take a bunch of tough votes, you might as well do it now, as opposed to trying to muster up the political will to get something done further down in the future.”
There's your public statement, Mr. Krauthammer, right in the middle of a news conference, for which the President has taken a barrage of hits from the fringe left that would rather primary him, to the Democratic members of the House. But no matter. He continues:
The Republicans are being totally outmaneuvered. The House speaker appears disoriented. It’s time to act. Time to call Obama’s bluff.
A long-term deal or nothing? The Republican House should immediately pass a short-term debt-ceiling hike of $500 billion containing $500 billion in budget cuts. That would give us about five months to work on something larger.
Well, President Obama has already stated he will accept no short-term deal. The time for that passed, by Mr. Krauthammer's calculation, about 5 months ago. And his premise sits on the notion that the GOP would work in good faith to "work on something larger" and not use the borrowed time to drag their feet until the next debt ceiling increase vote all the way to November, 2012. Past performance has dictated such an outcome. But let's see what Mr. Krauthammer's proposal on "something larger" is:
Republicans should call for urgent negotiations on tax reform along the lines of the Simpson-Bowles commission that, in one option, strips out annually $1.1 trillion of deductions, credits and loopholes while lowering tax rates across the board to a top rate of 23 percent. The president says he wants tax reform, doesn’t he? Well, Mr. President, here are five months to do so.
And that's where Mr. Krauthammer's fist shaking falls apart. He is still under the impression that the Republicans are actually serious about debt reduction.

From the very beginning the Republican negotiators have stated unequivocally that any revenue increase is  a non-starter, including closing tax loopholes, streamlining deductions and even an expiration of the Bush tax cuts. Krauthammer assumes the Republicans will automatically change their mind if only that stubborn, mule-headed Obama would accept a short-term deal to work out the kinks of these reforms in the meantime. ...Please...

And taking a jab at the President as a "born-again budget balancer" when St. Ronnie tripled the debt and George W. Bush doubled it in their respective terms in office is just comical. Look at your own party's White House leadership history when it comes to deficit spending, Mr. Krauthammer. Don't try crying crocodile tears now.

Krauthammer ignores the fact that the supposed leader of these negotiations on the GOP side, House Speaker John Boehner, doesn't even have full support of his own members, where somewhere between 60 and 70 Tea Party House members have stated they wouldn't vote for a debt ceiling increase under ANY circumstances, which means Boehner needs Democratic votes in order to pass ANYTHING. To get those votes he needs to make it palatable. It's called "compromise." So please spare me the Republican superiority. The current crop of Krauthammer's party are the ones who decided to tie spending cuts to the debt ceiling increase in the first place. To cry foul now and project that it's President Obama who is holding the debt ceiling hostage is completely preposterous.

And then he ends with this kicker:
If conservatives really want to get the nation’s spending under control, the only way is to win the presidency. Put the question to the country and let the people decide. To seriously jeopardize the election now in pursuit of a long-term, small-government, Ryan-like reform that is inherently unreachable without control of the White House may be good for the soul. But it could very well wreck the cause.
Ah, the cause. Not to save the economy, but to win back the White House. So ultimately, Krauthammer's suggestion of calling the president's bluff is a political ploy to implode the economy in order to gain traction in winning back the Presidency, apparently not aware of polls showing that if there is a US default, the American people will blame the Republicans in Congress before the only adult in the room occupying the White House. How will that bode for the 2012 elections up and down ticket? It is to laugh.

Saturday, July 9, 2011

President Obama's Weekly Address - July 9, 2011

Working Together to Meet our Fiscal Challenges

 
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