WallStreet warns republicans to shape up & pass Debt Ceiling Increase

[Ame®icano]

You know..........when there was a Republican in the WH, the debt ceiling was raised as a matter of course.

Under Reagan, we increased it 11 times.

Under Jr., we increased it 7 times, and his treasurey secretary called it "a matter of legislative house cleaning".

Why is Obama having such a hard time if it was so routine before?

Oh wait.......I got it.........there's a black man in the White House.

Homework

 

[Claudette]

In court for non payment.

 

[Spoonman]

You know..........when there was a Republican in the WH, the debt ceiling was raised as a matter of course.

Under Reagan, we increased it 11 times.

Under Jr., we increased it 7 times, and his treasurey secretary called it "a matter of legislative house cleaning".

Why is Obama having such a hard time if it was so routine before?

Oh wait.......I got it.........there's a black man in the White House.

and obama said it was a sign of poor leadership

 

[cutter]

looks to me that the warning went out to PRESIDENT OBAMA and CONGRESS. Where do you get " Wall street warns Republicans" ? Just more leftest socialist bull sh**. Tell your guy obama to get off his ass and cut spending and all will be fine.

Imbecile! We are talking about raising the debt ceiling, so they sure as hell are not talking to the Dems. DUH!!!!!!!

Do you think any politician is stupid enough to cut entitlements? LMAO!!

DUH, the dems are in the negotiations too that's why they call it negotiating. If the dums didn't require TAX HIKES there wouldn't be a problem. We would just cut some spending and raise the debt limit. Obama causes the problem by requiring tax hikes, a stupid move during a recession.

 

[Soggy in NOLA]

Wait, now you're channeling Wall Street?

WTF.... As of January 19, 2009 you were ready to perp walk all of Wall Street....

 

[Liability]

Why do some people consider it a good talking point to note that in the past folks in both parties have made the very mistakes that GOT us into this mess?

If something is wrong, then it is no answer to note that "well Reagan did it!"

Pointing to a history full of mistakes doesn't constitute a rational argument to repeat the mistakes.

We need to LOWER the debt limit and pay down our fucking debt. If not entirely, then by good healthy amounts. Fast. Not slow.

 

[Momanohedhunter]

Ahh, so not only are the 100 million people needing their checks, but the big boys on WallStreet are crying as well. Can you say, it's a done deal,...Stick a fork in it.........

Wall Street demands action on debt ceiling, deficit
By Patrick Martin
14 July 2011

"Representatives of the Wall Street financial oligarchy are laying down the law to the Obama administration and Congress, demanding speedy action to raise the federal debt ceiling before an August 2 deadline,..."


Chamber of Commerce president Thomas Donahue declared, “An unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans.” NAM president John Engler, former Republican governor of Michigan, added that even a brief halt in debt payments would “strike an immediate and serious blow to any economic recovery.” A debt default “would be exponentially more painful” than the minor increases in taxes proposed by the White House, one executive told the Post.

Bernanke added that the measures that would be forced by a debt default would have colossal social impact, with an immediate 40 percent cut in all federal spending. “There would have to be significant cuts to Social Security, Medicare, military pay or some combination of those in order to avoid borrowing more money,” he said.

You are not telling the truth. name one time in History that a government shut down has resulted in SSI, Medicare, or soldiers pay checks not going out. Bam Bam can pay, but he wont. You need to tell the truth, you are only proving that libs lie when all else fails.

 

[WillowTree]

Ahh, so not only are the 100 million people needing their checks, but the big boys on WallStreet are crying as well. Can you say, it's a done deal,...Stick a fork in it.........

Wall Street demands action on debt ceiling, deficit
By Patrick Martin
14 July 2011

"Representatives of the Wall Street financial oligarchy are laying down the law to the Obama administration and Congress, demanding speedy action to raise the federal debt ceiling before an August 2 deadline,..."


Chamber of Commerce president Thomas Donahue declared, “An unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans.” NAM president John Engler, former Republican governor of Michigan, added that even a brief halt in debt payments would “strike an immediate and serious blow to any economic recovery.” A debt default “would be exponentially more painful” than the minor increases in taxes proposed by the White House, one executive told the Post.

Bernanke added that the measures that would be forced by a debt default would have colossal social impact, with an immediate 40 percent cut in all federal spending. “There would have to be significant cuts to Social Security, Medicare, military pay or some combination of those in order to avoid borrowing more money,” he said.

NOW you want to quote WallStreet? I thought you fucktards thought WallStreet is evil.

 

[ABikerSailor]

looks to me that the warning went out to PRESIDENT OBAMA and CONGRESS. Where do you get " Wall street warns Republicans" ? Just more leftest socialist bull sh**. Tell your guy obama to get off his ass and cut spending and all will be fine.

Imbecile! We are talking about raising the debt ceiling, so they sure as hell are not talking to the Dems. DUH!!!!!!!

Do you think any politician is stupid enough to cut entitlements? LMAO!!

DUH, the dems are in the negotiations too that's why they call it negotiating. If the dums didn't require TAX HIKES there wouldn't be a problem. We would just cut some spending and raise the debt limit. Obama causes the problem by requiring tax hikes, a stupid move during a recession.

Actually, it's because of Jr's tax cuts (which were given a 10 year expiration date), that we have this current problem. Let the tax cuts expire on the people making over 1 million/year, and close the loopholes for the corporations.

Jr raised it 7 times during his presidency. This is the first time Obama has tried to get it raised.

Like I said..........they're just pissed off there's a black man in the White House.

 

[shintao]

And why should the Republicans listen to them? After all their Taxpayer Bailouts,they should just STFU at this point. They don't have Dog in this hunt. They got Bailed out already. Time for them to clam up.

You sound like the last radical at Custer's last stand. LOL!

What's a "Radical?"

Hmm, advocating extreme point of view, like way out in right field. Ha!

 

[shintao]

Ahh, so not only are the 100 million people needing their checks, but the big boys on WallStreet are crying as well. Can you say, it's a done deal,...Stick a fork in it.........

Wall Street demands action on debt ceiling, deficit
By Patrick Martin
14 July 2011

"Representatives of the Wall Street financial oligarchy are laying down the law to the Obama administration and Congress, demanding speedy action to raise the federal debt ceiling before an August 2 deadline,..."


Chamber of Commerce president Thomas Donahue declared, “An unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans.” NAM president John Engler, former Republican governor of Michigan, added that even a brief halt in debt payments would “strike an immediate and serious blow to any economic recovery.” A debt default “would be exponentially more painful” than the minor increases in taxes proposed by the White House, one executive told the Post.

Bernanke added that the measures that would be forced by a debt default would have colossal social impact, with an immediate 40 percent cut in all federal spending. “There would have to be significant cuts to Social Security, Medicare, military pay or some combination of those in order to avoid borrowing more money,” he said.

NOW you want to quote WallStreet? I thought you fucktards thought WallStreet is evil.

Who said they weren't evil? hey are just jumping onboard the evil right wave to giving dems concessions and raising the O'Conner Debt level. LMAO!! The Tea party members will follow suit, or die in the voter booths.

 

[shintao]

Imagine a credit card, which when you came to reach the limit set, raised your limit, time after time, after time, how will it all end?
Of course the Government could go back to printing It's own, Interest free money, but that traditionally ends with a death of a President

It should end with disbanding the military machine we cannot afford, the corporate machine we cannot afford, & the Foreign & Isreali aid we cannot afford. That is a good ending.

 

[Soggy in NOLA]

You sound like the last radical at Custer's last stand. LOL!

What's a "Radical?"

Hmm, advocating extreme point of view, like way out in right field. Ha!

Like claiming the way to solve your debt problems is to take on more debt?

 

[Spoonman]

there is no frigging way we should be raising the debt ceiling. We are already paying $30 billion a month interest on the debt we've incured from past poor decision. it's time to reverse the tide. Cut and cut hard. Let's first start with a review of our foriegn policy. that's were the first cuts should take place. Let's really step down these wars. and if the countries want us to stay let them start sharing or covering the costs. Why are we wasting millions a week in libya? really?

then lets start by reevaluating government waste. drive efficienciy into government programs. for starters, let them be governed by the same rules and controls the private sector is. government employees should have the same type of retirement benefits the private sector has too. How many private companies today offer pensions and health care for life? I'm not talking away from current people who already have these perks, i'm talking about revamping for new hires.

And we really have to re think our immigration and citizenship rules. it's time to do away with anchor babies. you are only a citizen if you are born to a citizen or someone who is here legally. you should only get benefits if you can show you are here legally. cut out the gravy train and it will reduce a lot of the incentive to come here illegally in the first place.

Rasing the debt ceiling is the wrong answer. look at your personal lives. when you hit hard times or are short on cash, what do you do? you cut back. you live with less, you cut out the non essentials. you don't stop eating or taking medication you need to live. you eat out less, you cut out the extras. We should expect no less from our govenrment. Who after all work for us and are paid by us. Every american citizen should be up in arms enough to descend on washington with pitchforks and tar listening to these idiots bicker over how are lives are going to be impacted because they can't do their jobs in the manner we hired them to. It's not about left or right. it's about a collective fuck up and years of compiling poor decision which never seem to get reversed

 

[Soggy in NOLA]

Imagine a credit card, which when you came to reach the limit set, raised your limit, time after time, after time, how will it all end?
Of course the Government could go back to printing It's own, Interest free money, but that traditionally ends with a death of a President

It should end with disbanding the military machine we cannot afford, the corporate machine we cannot afford, & the Foreign & Isreali aid we cannot afford. That is a good ending.

Why the need to differentiate between Foreign and Israeli?

Oh, just had to get a swipe in at the Jews. never mind.

 

[shintao]

looks to me that the warning went out to PRESIDENT OBAMA and CONGRESS. Where do you get " Wall street warns Republicans" ? Just more leftest socialist bull sh**. Tell your guy obama to get off his ass and cut spending and all will be fine.

Imbecile! We are talking about raising the debt ceiling, so they sure as hell are not talking to the Dems. DUH!!!!!!!

Do you think any politician is stupid enough to cut entitlements? LMAO!!

DUH, the dems are in the negotiations too that's why they call it negotiating. If the dums didn't require TAX HIKES there wouldn't be a problem. We would just cut some spending and raise the debt limit. Obama causes the problem by requiring tax hikes, a stupid move during a recession.

We are in a recession because of tax cuts, so your answer is more of the same. LOL!

 

[shintao]

Imagine a credit card, which when you came to reach the limit set, raised your limit, time after time, after time, how will it all end?
Of course the Government could go back to printing It's own, Interest free money, but that traditionally ends with a death of a President

It should end with disbanding the military machine we cannot afford, the corporate machine we cannot afford, & the Foreign & Isreali aid we cannot afford. That is a good ending.

Why the need to differentiate between Foreign and Israeli?

Oh, just had to get a swipe in at the Jews. never mind.

Oh, it's the oven in the kitchen. I am baking jewish men sugar cookies.

We fund Isreal entirely different than any other enitity, and for a different reasons that are not aid.

 

[shintao]

What's a "Radical?"

Hmm, advocating extreme point of view, like way out in right field. Ha!

Like claiming the way to solve your debt problems is to take on more debt?

Until meaningful cuts are made, yes. One way or the other you are going to support a 100 million people on entitlement programs, or default and crash the economy. The time to have done this has long past, but that is the capitalist way of doing things, heh. So now you raise the debt ceiling and get serious in cuts down line before it happens again.

IF anyone was made to pay off all their debts at one time, they would default and go belly up. Same thing with the US economy. You have to reduce spending a little at a time.

 

[Intense]

Ahh, so not only are the 100 million people needing their checks, but the big boys on WallStreet are crying as well. Can you say, it's a done deal,...Stick a fork in it.........

Wall Street demands action on debt ceiling, deficit
By Patrick Martin
14 July 2011

"Representatives of the Wall Street financial oligarchy are laying down the law to the Obama administration and Congress, demanding speedy action to raise the federal debt ceiling before an August 2 deadline,..."


Chamber of Commerce president Thomas Donahue declared, “An unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans.” NAM president John Engler, former Republican governor of Michigan, added that even a brief halt in debt payments would “strike an immediate and serious blow to any economic recovery.” A debt default “would be exponentially more painful” than the minor increases in taxes proposed by the White House, one executive told the Post.

Bernanke added that the measures that would be forced by a debt default would have colossal social impact, with an immediate 40 percent cut in all federal spending. “There would have to be significant cuts to Social Security, Medicare, military pay or some combination of those in order to avoid borrowing more money,” he said.

Maybe Federal Administrators and Bureaucrats need to start looking more at part time work until maybe someday we can afford them again....maybe.

The Rich bailing out the Rich, is failed policy, throwing money away and charging us interest on it.

Governments show thus how successfully men can be imposed on, even impose on themselves, for their own advantage. It is excellent, we must all allow. Yet this government never of itself furthered any enterprise, but by the alacrity with which it got out of its way. It does not keep the country free. It does not settle the West. It does not educate. The character inherent in the American people has done all that has been accomplished; and it would have done somewhat more, if the government had not sometimes got in its way. For government is an expedient by which men would fain succeed in letting one another alone; and, as has been said, when it is most expedient, the governed are most let alone by it. Trade and commerce, if they were not made of India rubber,(3) would never manage to bounce over the obstacles which legislators are continually putting in their way; and, if one were to judge these men wholly by the effects of their actions, and not partly by their intentions, they would deserve to be classed and punished with those mischievous persons who put obstructions on the railroads.

[3] But, to speak practically and as a citizen, unlike those who call themselves no-government men,(4) I ask for, not at once no government, but at once a better government. Let every man make known what kind of government would command his respect, and that will be one step toward obtaining it.

[4] After all, the practical reason why, when the power is once in the hands of the people, a majority are permitted, and for a long period continue, to rule, is not because they are most likely to be in the right, nor because this seems fairest to the minority, but because they are physically the strongest. But a government in which the majority rule in all cases cannot be based on justice, even as far as men understand it. Can there not be a government in which majorities do not virtually decide right and wrong, but conscience? — in which majorities decide only those questions to which the rule of expediency is applicable? Must the citizen ever for a moment, or in the least degree, resign his conscience to the legislator? Why has every man a conscience, then? I think that we should be men first, and subjects afterward. It is not desirable to cultivate a respect for the law, so much as for the right. The only obligation which I have a right to assume is to do at any time what I think right. It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience. Law never made men a whit more just; and, by means of their respect for it, even the well-disposed are daily made the agents of injustice. -Thoreau

Thoreau's Civil Disobedience - 1

 

[Momanohedhunter]

Hmm, advocating extreme point of view, like way out in right field. Ha!

Like claiming the way to solve your debt problems is to take on more debt?

Until meaningful cuts are made, yes. One way or the other you are going to support a 100 million people on entitlement programs, or default and crash the economy. The time to have done this has long past, but that is the capitalist way of doing things, heh. So now you raise the debt ceiling and get serious in cuts down line before it happens again.

IF anyone was made to pay off all their debts at one time, they would default and go belly up. Same thing with the US economy. You have to reduce spending a little at a time.

You still have not proven they sky will fall with out an increase. You are trying to perpetuate a lie, like the rest of the political stooges.