A Spine Is a Useful Thing to Have

Discussion in 'Too Hot for Swamp Gas' started by chompalot, Oct 18, 2013.

  1. chompalot
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    chompalot Well-Known Member

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    Excellent article on the Tea Party recklessness and what to do about it. I totally agree with the author. Pubs don't want to take another beatdown like they just took. Only the crazies might (you know who they are). In addition to what the article said about BO needing to stand tough in the face of blackmail, likewise pragmatic Pubs need to do the same. Don't put up with the nonsense.

    ........

    http://prospect.org/article/spine-useful-thing-have
  2. QGator2414
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    If only the Tea Party had the power you think they do...
  3. QGator2414
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    Dumping another trillion on our kids so you can have your cake is reckless!

    Sadly expected as well...

    :smoke:
  4. chompalot
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    chompalot Well-Known Member

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    They don't if the rest of the Pubs don't let them. Koch bros. are even having their fill with these nuts.
  5. MichiGator2002
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    First, "spending cut $5 trillion over 10 years" is just meat for those ignorant enough of the process not to understand that all those cuts are eaten within projected increases, i.e. we will still spend more money in each of the next ten years than the year before it, even adjusting for inflation and population growth. That means our short term and long term debt is still rising, unchecked. The "halved deficit" Obama brags about? Still the largest in US history prior to his inauguration by considerable margin = debt increases.

    Second, Obama can't "do" anything, he isn't the boss of the House. Nor is he a king, no matter how many creepy as hell times he has made it sound like he is disappointed about that.
  6. QGator2414
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    They have no power. They tried to stop our Greed and the establishment (pub and dem) gave you your cake at our kids expense.
  7. OklahomaGator
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    Any long-term discussions about revising Social Security and Medicare need to be delinked from threats to shut down the government or to allow America to default on its debt. We need to revert to the normal process of passing budgets.

    I totally agree with this, but you have to do it. When was the last budget passed by both Houses of Congress? Let's have those discussions which lead to legislative action to solve the Social Security and Medicare problems.
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  8. QGator2414
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    The problem is the necessary changes to SS and Medicare would actually make someone like chomp sacrifice for the good of our kids...
  9. chompalot
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    chompalot Well-Known Member

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    Considering where BO started from, and the unemployment that's has gone on thanks to GWB's Great Recession, his actions for tackling the debt have been in line with what has been needed.

    Furthermore, as long as the Pubs don't want to discuss revenue increases by means of creating a National Bank for renewing our infrastructure they aren't being honest brockers when it comes to their "desire" to decrease our national long-term debt.
  10. chompalot
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    chompalot Well-Known Member

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    For the most part, I agree. But both sides have to do it. Get rid of the TPers (hopefully they will be primaried and defunded by the Koch bros. and others) and I believe a breakthrough can be done. After all, there was a tentative agreement on a Grand Bargain in 2011 before the TP poisoned it.
  11. MichiGator2002
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    He has taken no actions to tackle the debt, other than to add more to it. And constantly propose adding more to it still.

    Increased revenues aren't the answer because all a balanced government budget that makes up a quarter or more of your GDP will ever give you is a stagnant economy, and debt increases on pause. Our federal budget should be drawn down to about 15% of GDP while balancing the budget, so that we can not only start real payments on debt principal, but economic growth, real growth -- not the 5% ten years from now Obama bragged about this BS deal guaranteeing, but more like 5% annually, the way we used to when we didn't have lackbrain dilettantes running the executive branch.
  12. QGator2414
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    Laughable!

    The Tea Party is the one group that would reform these programs!
  13. QGator2414
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    I forgot chomp does not want real reform. Chomp only wants reform that does not affect chomp. Sadly chomp is not alone in this and it is a bipartisan problem...
  14. chompalot
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    chompalot Well-Known Member

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    It's a good thing we didn't adopt an austerity program as severe as the EU's has been. Our economy would really be sputtering along worse than it is now. If the other side would have adopted some of BO's initiatives--like a National Infrastructure Bank--and not keep threatening to default on our debt, the economy would be fairly robust right now and, with the increased revenue, our deficit would be declining at a greater rate than it presently is. This decrease would be even more dramatic in the long-term. Unfortunately, thinking in the long-term is one of the TP's biggest problems.
  15. chompalot
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    chompalot Well-Known Member

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    Looking at things in the long-term is looking after our kids. Looking at things in the short-term is often due to greed by the person claiming "but what about the kids." Below is an article on this. You need an alternate perspective.

    http://www.cepr.net/index.php/blogs/beat-the-press/children-and-grandchilden-do-not-pay-for-budget-deficits-they-get-interest-on-the-bonds

  16. PSGator66
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    Chomp - As soon as the guy writing that story used "lunatic" in referring to the Tea Party he lost all credibility. Do you know anything about what real pupose of the Tea Party is because that writer doesn't. It seems like most on the left get all their Tea Party information second, third or fourth handedly without going staight the real source.
  17. chompalot
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    chompalot Well-Known Member

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    When you threaten to default on the debt that's pretty much in the lunatic "so to speak" category . Even some of the Pubs are saying as much.
  18. MichiGator2002
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    "Good thing we didn't go to rehab," said the heroin addict, while cooking up another hit, "those guys look really uncomfortable".
  19. QGator2414
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    We were not going to default. I understand people do not want to be honest but we have the revenues to pay the debt!

    Now real cuts would have to made. But that would be a good thing!
  20. chompalot
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    chompalot Well-Known Member

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    Is that why the 10-year bond is so robust.

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