Democrats Primed to force Government Shutdown

Looks like the Dems don't want to pass the budget. It will be on them this time

-Geaux
===================================


Democrats balk at U.S. spending bill, raising shutdown risk

(Reuters) - Congressional Democrats objected on Wednesday to controversial financial and political campaign provisions tucked into a $1.1 trillion U.S. spending bill, keeping the risk of a government shutdown alive.

The complaints from House of Representatives Minority Leader Nancy Pelosi and other top Democrats clouded the chances for passage of the funding bill as a midnight Thursday deadline drew near.

Republicans were preparing a one-or-two day extension to keep federal agencies open past the deadline, but were unwilling to make any concessions on dozens of provisions added to the bill.


Democrats balk at U.S. spending bill raising shutdown risk Reuters
Interesting. Republican control both houses and need Democrats to pass their own legislation.
 
I know there are 2 things in this bill that I have serious problems with.........

The first is that it allows Wall St. to start making high risk investments with money that is insured, meaning that the conditions are now ripe for what happened back in 2008 can pretty much happen again.

The second is raising the maximum political donation to 32,000 per candidate.

Yep.................looks like the GOP is wanting the rich to take over the country and turn us from a democracy into an oligarchy.
Did you have a problem with obamas bailout of wall street back in 2009?

Actually, that was Bush's bankster bailout. IIRC, it also had Democratic support, so they don't get a pass. Looks like they didn't learn from history. I hope it doesn't lead to another financial meltdown this time.
Bush wasn't President after January 2009
Obama Bailing Out the Banks Was Necessary but I Hated It - DailyFinance

Hey Little Retarded Rebecca....................might wanna do some research on that.

The legislation had its origin in early 2008, Secretary of the Treasury Henry Paulson directed two of his aides, Neel Kashkari and Phillip Swagel, to write a plan to recapitalize the U.S. financial system in case of total collapse. The plan, which was also presented to Federal Reserve Chairman Ben Bernanke, called for the U.S. government to purchase about $500 billion in distressed assets from financial institutions.[4]
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.[5] The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205–228.[6]
On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.[7][8] The Senate accepted the amendment and passed the entire amended bill, voting 74–25.[9] Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the length of the bill to 451 pages.[10][11] (See Public Law 110-343 for details on the added provisions.) The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263–171 to enact the bill into law.[7][12][13] President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets.[14] TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reserve had, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year.[15]
Supporters of the plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. Opponents objected to the plan's cost and rapidity, pointing to polls that showed little support among the public for "bailing out" Wall Street investment banks,[16] claimed that better alternatives were not considered,[17] and that the Senate forced passage of the unpopular version through the opposing house by "sweetening" the bailout package.[18]

Emergency Economic Stabilization Act of 2008 - Wikipedia the free encyclopedia
 
I know there are 2 things in this bill that I have serious problems with.........

The first is that it allows Wall St. to start making high risk investments with money that is insured, meaning that the conditions are now ripe for what happened back in 2008 can pretty much happen again.

The second is raising the maximum political donation to 32,000 per candidate.

Yep.................looks like the GOP is wanting the rich to take over the country and turn us from a democracy into an oligarchy.
Did you have a problem with obamas bailout of wall street back in 2009?

Actually, that was Bush's bankster bailout. IIRC, it also had Democratic support, so they don't get a pass. Looks like they didn't learn from history. I hope it doesn't lead to another financial meltdown this time.
Bush wasn't President after January 2009
Obama Bailing Out the Banks Was Necessary but I Hated It - DailyFinance

Hey Little Retarded Rebecca....................might wanna do some research on that.

The legislation had its origin in early 2008, Secretary of the Treasury Henry Paulson directed two of his aides, Neel Kashkari and Phillip Swagel, to write a plan to recapitalize the U.S. financial system in case of total collapse. The plan, which was also presented to Federal Reserve Chairman Ben Bernanke, called for the U.S. government to purchase about $500 billion in distressed assets from financial institutions.[4]
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.[5] The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205–228.[6]
On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.[7][8] The Senate accepted the amendment and passed the entire amended bill, voting 74–25.[9] Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the length of the bill to 451 pages.[10][11] (See Public Law 110-343 for details on the added provisions.) The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263–171 to enact the bill into law.[7][12][13] President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets.[14] TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reserve had, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year.[15]
Supporters of the plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. Opponents objected to the plan's cost and rapidity, pointing to polls that showed little support among the public for "bailing out" Wall Street investment banks,[16] claimed that better alternatives were not considered,[17] and that the Senate forced passage of the unpopular version through the opposing house by "sweetening" the bailout package.[18]

Emergency Economic Stabilization Act of 2008 - Wikipedia the free encyclopedia
Let's get one thing straight, if you support obama you are the dumbest human being that ever walk the face of the earth. Do you understand this stupid?
since you are stupid what you posted is irrelevant.
 
I know there are 2 things in this bill that I have serious problems with.........

The first is that it allows Wall St. to start making high risk investments with money that is insured, meaning that the conditions are now ripe for what happened back in 2008 can pretty much happen again.

The second is raising the maximum political donation to 32,000 per candidate.

Yep.................looks like the GOP is wanting the rich to take over the country and turn us from a democracy into an oligarchy.
Did you have a problem with obamas bailout of wall street back in 2009?

Actually, that was Bush's bankster bailout. IIRC, it also had Democratic support, so they don't get a pass. Looks like they didn't learn from history. I hope it doesn't lead to another financial meltdown this time.
Bush wasn't President after January 2009
Obama Bailing Out the Banks Was Necessary but I Hated It - DailyFinance

Hey Little Retarded Rebecca....................might wanna do some research on that.

The legislation had its origin in early 2008, Secretary of the Treasury Henry Paulson directed two of his aides, Neel Kashkari and Phillip Swagel, to write a plan to recapitalize the U.S. financial system in case of total collapse. The plan, which was also presented to Federal Reserve Chairman Ben Bernanke, called for the U.S. government to purchase about $500 billion in distressed assets from financial institutions.[4]
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.[5] The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205–228.[6]
On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.[7][8] The Senate accepted the amendment and passed the entire amended bill, voting 74–25.[9] Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the length of the bill to 451 pages.[10][11] (See Public Law 110-343 for details on the added provisions.) The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263–171 to enact the bill into law.[7][12][13] President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets.[14] TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reserve had, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year.[15]
Supporters of the plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. Opponents objected to the plan's cost and rapidity, pointing to polls that showed little support among the public for "bailing out" Wall Street investment banks,[16] claimed that better alternatives were not considered,[17] and that the Senate forced passage of the unpopular version through the opposing house by "sweetening" the bailout package.[18]

Emergency Economic Stabilization Act of 2008 - Wikipedia the free encyclopedia
Let's get one thing straight, if you support obama you are the dumbest human being that ever walk the face of the earth. Do you understand this stupid?
since you are stupid what you posted is irrelevant.
You just described yourself.
 
Did you have a problem with obamas bailout of wall street back in 2009?

Actually, that was Bush's bankster bailout. IIRC, it also had Democratic support, so they don't get a pass. Looks like they didn't learn from history. I hope it doesn't lead to another financial meltdown this time.
Bush wasn't President after January 2009
Obama Bailing Out the Banks Was Necessary but I Hated It - DailyFinance

Hey Little Retarded Rebecca....................might wanna do some research on that.

The legislation had its origin in early 2008, Secretary of the Treasury Henry Paulson directed two of his aides, Neel Kashkari and Phillip Swagel, to write a plan to recapitalize the U.S. financial system in case of total collapse. The plan, which was also presented to Federal Reserve Chairman Ben Bernanke, called for the U.S. government to purchase about $500 billion in distressed assets from financial institutions.[4]
The original proposal was submitted to the United States House of Representatives, with the purpose of purchasing bad assets, reducing uncertainty regarding the worth of the remaining assets, and restoring confidence in the credit markets. The bill was then expanded and put forth as an amendment to H.R. 3997.[5] The amendment was rejected via a vote of the House of Representatives on September 29, 2008, voting 205–228.[6]
On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.[7][8] The Senate accepted the amendment and passed the entire amended bill, voting 74–25.[9] Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the length of the bill to 451 pages.[10][11] (See Public Law 110-343 for details on the added provisions.) The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263–171 to enact the bill into law.[7][12][13] President George W. Bush signed the bill into law within hours of its congressional enactment, creating the $700 billion Troubled Asset Relief Program (TARP) to purchase failing bank assets.[14] TARP was dwarfed by other guarantees and lending limits; analysis by Bloomberg found the Federal Reserve had, by March 2009, committed $7.77 trillion to rescuing the financial system, more than half the value of everything produced in the U.S. that year.[15]
Supporters of the plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. Opponents objected to the plan's cost and rapidity, pointing to polls that showed little support among the public for "bailing out" Wall Street investment banks,[16] claimed that better alternatives were not considered,[17] and that the Senate forced passage of the unpopular version through the opposing house by "sweetening" the bailout package.[18]

Emergency Economic Stabilization Act of 2008 - Wikipedia the free encyclopedia
Let's get one thing straight, if you support obama you are the dumbest human being that ever walk the face of the earth. Do you understand this stupid?
since you are stupid what you posted is irrelevant.
You just described yourself.
How did I describe me? I am in no way an obama supporter. Even gruber said you obamacare supporters are stupid.
 
Let's get this right. Some progressive leftists in the Senate and regressive TeapCreeps in the House would shut down the government if they could.

The House regressives have been beaten down, and the Senate prog lefties are fighting a losing fight.
 
Let's get this right. Some progressive leftists in the Senate and regressive TeapCreeps in the House would shut down the government if they could.

The House regressives have been beaten down, and the Senate prog lefties are fighting a losing fight.
So says the self proclaiming republican his words of I'm a republican say one thing but his all out attacking of Republicans say another.
 
Jake I would really love to believe your claim of being a Republican I honestly would. But the way you attack anyone Republican there isn't anyway for me to do this.
 
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Underfunded pension plans will now be able to reduce benefits to 10 million retires.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Lawmakers sneak in last minute riders to budget bill - Videos - CBS News
 
Last edited:
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Up to 10 million retires in underfunded pension plans can see their benefits reduced.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Obama s lobbyist rule Promise Broken PolitiFact
 
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Up to 10 million retires in underfunded pension plans can see their benefits reduced.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Obama s lobbyist rule Promise Broken PolitiFact
I was referring to congressional lobbyist.

Obama's promised was to limit special interest groups influence on the white house which he did until Aug 2014, when he dropped his blanket ban on federal lobbyists serving on advisory panels after losing a court battle on the issue earlier this year. I guess you overlooked that.
 
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Up to 10 million retires in underfunded pension plans can see their benefits reduced.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Obama s lobbyist rule Promise Broken PolitiFact
I was referring to congressional lobbyist.

Obama's promised was to limit special interest groups influence on the white house which he did until Aug 2014, when he dropped his blanket ban on federal lobbyists serving on advisory panels after losing a court battle on the issue earlier this year. I guess you overlooked that.
Yes I was also. Obama said no more wonder what changed his mind?
 
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Up to 10 million retires in underfunded pension plans can see their benefits reduced.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Obama s lobbyist rule Promise Broken PolitiFact
I was referring to congressional lobbyist.

Obama's promised was to limit special interest groups influence on the white house which he did until Aug 2014, when he dropped his blanket ban on federal lobbyists serving on advisory panels after losing a court battle on the issue earlier this year. I guess you overlooked that.
Yes I was also. Obama said no more wonder what changed his mind?
A court order
 
Every year law makers attach legislation to the budget that they either don't have the guts to introduce during the year or the votes to pass. This year we have:
  • A provision written by Citibank to block restrictions on big banks.
  • Up to 10 million retires in underfunded pension plans can see their benefits reduced.
  • Good news for the trucking lobby, minimum sleep time for drivers is blocked.
  • Kids should be happy that the potato lobby got their spuds included in the Federal Nutrition Program so those nutritious meals of hot dogs and french fries in school lunch rooms will be safe for another year.
  • There's a 350 million dollar cut to the IRS budget as punishment for pissing off House Republicans.
  • A 60 million cut for the EPA, just on general principals
  • And finally a 10 fold increase in allowable political contribution so lawmakers can afford more of those informative TV adds.
Obama s lobbyist rule Promise Broken PolitiFact
I was referring to congressional lobbyist.

Obama's promised was to limit special interest groups influence on the white house which he did until Aug 2014, when he dropped his blanket ban on federal lobbyists serving on advisory panels after losing a court battle on the issue earlier this year. I guess you overlooked that.
Yes I was also. Obama said no more wonder what changed his mind?
A court order
:link::bsflag::boohoo:
obama had no intention of keeping that promise when he put a lobbyist on his cabinet or have you already forgotten that?
 

Forum List

Back
Top