Republicans Cave On Budget Deal

17 Oct 2013 07:26 - 18 Oct 2013 06:32 #11 by LOL
Replied by LOL on topic Republicans Cave On Budget Deal

pineinthegrass wrote: This was totally predictable...


Yep, it was. The only thing to really watch is market interest rates. This will repeat over-and-over again, and sooner or later will be settled in the bond market. It is not predictable what financial markets will do in the future. Eventually something pretty bad will happen. Guaranteed.
The reckless poker players stayed calm...this time. Rinse spin and repeat.

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

Please Log in or Create an account to join the conversation.

17 Oct 2013 07:44 #12 by Rick

LOL wrote:

pineinthegrass wrote: This was totally predictable...


Yep, it was. The only thing to really watch is market interest rates. This will repeat over-and-over again, and sooner or later will be settled in the bond market. It is not predictable what financial markets will do in the future. Eventually something pretty bad will happen. Guaranteed.
The wreck-less poker players stayed calm...this time. Rinse spin and repeat.

:like:

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

Please Log in or Create an account to join the conversation.

17 Oct 2013 08:18 #13 by FredHayek
And now watch if the predictions are true and America decides to give the House back to the Dems both from moderates upset with the GOP for shutting down the goverment and conservative voters upset that the GOP gave in so they decide to stay home. 2014 could be just like 2008, the Dems in charge of all three branches and the US will be like Detroit. Tens of millions of illegals with amnesty, higher taxes, higher debt levels, more spending, sequestration repealed. The Supreme Court will get more liberal justices.
And the press will just look the other way when power is abused like partisan IRS audits.

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

17 Oct 2013 08:31 #14 by archer

FredHayek wrote: And now it looks like Boehner's Ohio got billions of dollars too. Once again, the Republicans were supposed to be reducing the debt but wind up expanding it after taking Democrat bribes.

Gee Fred, got a source for that statement? I couldn't find anything with a Google search.

Please Log in or Create an account to join the conversation.

17 Oct 2013 09:03 #15 by FredHayek

archer wrote:

FredHayek wrote: And now it looks like Boehner's Ohio got billions of dollars too. Once again, the Republicans were supposed to be reducing the debt but wind up expanding it after taking Democrat bribes.

Gee Fred, got a source for that statement? I couldn't find anything with a Google search.

Statement retracted since I can't find anything about it this morning either.

But if Mitch McConnell was bought off, you have to think other Republicans also got healthy doses of pork to let the government keep on spending more than it takes in.

I do wonder why the Republicans and Dems only agreed to a limit that will bring us back to the abyss in January 2014 one more time. If I was the Republicans, I would extend it to January 2015. And let the new House and Senate deal with it.

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

17 Oct 2013 09:25 #16 by archer
Thanks Fred, there is a lot of rhetoric floating around out there, as American citizens it is getting harder and harder to separate the wheat from the chaff.

Please Log in or Create an account to join the conversation.

17 Oct 2013 11:06 #17 by deltamrey
LOL.....interests rates have NOTHING to do with the drama.....well loosely coupled at most. Cakes has selected a shill to head the FED....she will keep up QE for 1-2 more years and that (purchase of junk bonds generated by wall street loan sharks) will be FEd focus until after the 2014 elections. BUT the real cause of the depression- lack of investment and GDP growth cannot revive without the wrench turners accepting a significant loss of living standards (and get off the dole) , educate their grandkids (too late for their kids) to fill the STEM jobs(we import via H1B visas 120,000 STEM pros yearly while the kids flip burgers----their skill set even after 408 years lounging in college). We must also stop the feeding of the unproductive sector by closing the Southern borders and terminating the welfare state. The unproductive will cleanse over time out of economic necessity via better educational approaches....but may take 50-90 years. Sad.....

Meanwhile Putin and the CHICOMS grow stronger (EU with its lack of social burdens and superior educational system is possibly the new USA)....

Please Log in or Create an account to join the conversation.

17 Oct 2013 11:29 #18 by Reverend Revelant

FredHayek wrote:

archer wrote:

FredHayek wrote: And now it looks like Boehner's Ohio got billions of dollars too. Once again, the Republicans were supposed to be reducing the debt but wind up expanding it after taking Democrat bribes.

Gee Fred, got a source for that statement? I couldn't find anything with a Google search.

Statement retracted since I can't find anything about it this morning either.

But if Mitch McConnell was bought off, you have to think other Republicans also got healthy doses of pork to let the government keep on spending more than it takes in.

I do wonder why the Republicans and Dems only agreed to a limit that will bring us back to the abyss in January 2014 one more time. If I was the Republicans, I would extend it to January 2015. And let the new House and Senate deal with it.


Ir seems like McConnell was the only real beneficiary of any significant amount of money (1.2 billion) from this bill... most other little "pork slices" were miscellaneous operational amounts of money... and of course the back pay for federal workers short vacation.

http://thehill.com/blogs/floor-action/s ... -debt-bill

And anyone really trust either party not to increase spending in some form or another? If you do, I have a condo to sell you on Mars.

Waiting for Armageddon since 33 AD

Please Log in or Create an account to join the conversation.

17 Oct 2013 11:37 #19 by archer
So will there be more outrage with the additional 1.2 billion spending in the bill than the 24 billion wasted on the artificial shutdown?

Please Log in or Create an account to join the conversation.

17 Oct 2013 11:40 #20 by FredHayek
24 billion? How many days does it take the US to spend that?

Thomas Sowell: There are no solutions, just trade-offs.

Please Log in or Create an account to join the conversation.

Time to create page: 0.146 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+