Americans flipped the House of Representatives including a good number of the freshman class that were elected based on tea party promises to put the brakes on the unlimited bloated government and the tax increases that DC loves AND the runaway borrowing.
On this one, after more than 1
Tea Party Express says FOUR of those tea party freshmen got flipped when they voted for this surrender to the Bloated Government Party deal. This giveaway to Bloated Government and Runaway Spending by freshmen who pledged otherwise is why Ron Paul is so admired in his own district, including by his political enemies.
The credit agencies are long-term worried about the fast-growing debt in the long-term. Democrats forced this agreement on wishy-washy Establishment Republicans who bent over with glee.
Now the Dems are wailing like the rabbit who got the fox to throw it into the briar patch in the old fable, but in this tale the rabbit is still complaining about the briar patch as if he got the short end. It’s like the merchant in the plaza who screws you with an outrageous price you think you negotiated and he’s loudly protesting that HE is losing money on the deal.
Here is this RINO David Frum who repeats the lies about Americans and about this “agreeement”
Can you believe that a “Republican” could say this with a straight face?!
Forcing the United States to the verge of default.
Shrugging off the needs and concerns of millions of unemployed.
Protecting every single loophole, giveaway and boondoggle in the tax code as a matter of fundamental conservative principle.
Massive government budget cuts in the midst of the worst recession since World War II.
(1) FACT: OBAMA WAS THE DEFAULT DECIDER, IT WAS A LYING SNEAKY SCARE TACTIC.
Lie number one, and if this guy is as smart as he purports, he KNOWS it’s a lie. Obama’s was the decision as to what to do with receits and he even left himself an out in case the new House called his bluff on it.
(2) The “loophole, giveaway and boondoggle” is a favorite phrase of people who want to keep the debt-fueled gravy-train going precisely for every “loophole, giveaway and boondoggle”. That includes million-dollar cowboy poetry festivals, studies of shrimp on treadmills, the worse-than-useless official Bloated Government Propaganda Ministry (aka “public broadcasting”), and giving General Electric CEO Jeffrey Immelt a pass to pay zero taxes on $5 BILLION domestic profits on U.S. business while complaining about loopholes.
Besides, Bloated Government opponents have real examples of this lying conniving farce of giveaways and loopholes. Americans elected tea party types to STOP these boondoggles.
The biggest boondoggle is the MALICIOUS LIE that stopping bloat and shrinking government would “shrugging off the needs and concerns of millions of unemployed”. That’s a handy excuse for bloating government and filling the pockets of special interests under the cover of a banner claiming to do it “for the poor”.
Since when has the War on Poverty eliminated poverty in America? Ever since LBJ began this MOTHER OF BOONDOGGLES, poverty has not improved according to shills like this guy and his Republicrat friends. It’s always “worse” and it’s always a “crisis” and they always weep over their favorite lying story when anybody who wants to cut off the spigot of free money for Congress and their friends in high and low places both, where corporations and unions come together, where Wall Street marries Marxism in the presidential cabinet and in laws passed like this one.
The unemployed need the prosperity of the free market to come back. How can a market operate freely in this climate?
If the local sheriff hovered over the stalls in your local farmers’ market stalls demanding that the farmers hire more help, or else he will confiscate your savings and hire more help himself, what do you think they’re going to do? Rush out to hire more help or hide the “loot” from the sheriff.
We used to call that a crooked sheriff.
And everybody ignored the elephant in the room. Ron Paul suggested that they could just simply tell the Federal Reserve to “forgive” the “debt” of $1.6 trillion dollars from when the Fed created that debt with dollars pulled out of thin air.
Get this from radical extremist lefist rag New Republic:
http://www.tnr.com/article/politics/91224/ron-paul-debt-ceiling-federal-reserve
Unlike the debt held by Social Security, the debt held by the Fed is not tied to any specific obligations. The bonds held by the Fed are assets of the Fed. It has no obligations that it must use these assets to meet. There is no one who loses their retirement income if the Fed doesn’t have its bonds. In fact, there is no direct loss of income to anyone associated with the Fed’s destruction of its bonds. This means that if Congress told the Fed to burn the bonds, it would in effect just be destroying a liability that the government had to itself, but it would still reduce the debt subject to the debt ceiling by $1.6 trillion. This would buy the country considerable breathing room before the debt ceiling had to be raised again. President Obama and the Republican congressional leadership could have close to two years to talk about potential spending cuts or tax increases. Maybe they could even talk a little about jobs.
Guess where they were quoted?
http://www.nakedcapitalism.com/2011/07/ron-paul-suggests-using-fed-to-end-run-debt-ceiling-impasse.html
That’s right, you might have something going when a radical leftist rag and “the naked capitalist” agree on a good idea, neither of which group Ron Paul would even necessarily identify with. Ron Paul is “his own man”, so to speak, and does not let compromise interfere with his vote.
The U.S. Congress has raised the debt ceiling some 117 times in history.
Fool me once, shame on me. Fool me twice shame on you. Fool me 117 tmies, WHAT IS THE MATTER WITH US?