I'm back. Did I miss anything? Here's today's Morning EDition, reflecting, I'm sure, my attempt to play catch-up on the stuff I missed while I was off. Apologies in advance!
TODAY
- We are one week from the Aug. 2 deadline; keeping in mind we've already blown through the timeframe the president said was necessary to allow for time to write the legislation.
- Pres. Obama addresses the National Council of La Raza on immigration.
- House Republicans meet early this afternoon; House Democrats, late this afternoon.
BUDGET
- Sadly, we know the way out. And it's easy.
- A new debt-ceiling primer.
- Why do Dems want to kill this issue, and GOP keep it alive...when it hurts GOP and helps Dems?
- Even if a deal gets done, it's hard to see how the legislation gets written and passed in time.
- White House official gives 50-50 odds of a deal to prevent default.
- Pres. Obama cancels fundraising appearances to deal with debt impasse.
- White House allies warn that tossing Medicare overboard in Ahab-like pursuit of independents will end badly.
- Is David Plouffe the Ahab?
- Krugman also sends up the warning flare on Medicare.
- Dionne makes the point that voters won't care about the debt if the jobs still aren't there.
- Turns out House GOP Leader Eric Cantor's (R-VA) opposition to a short-term debt-ceiling hike was itself short-term.
- And Cantor's not the only one.
- Treasury Sec. Tim Geithner doesn't like the short-term approach, either.
- Everyone used to like short-term debt-ceiling hikes.
- Why is the White House so worried about carrying debt-ceiling uncertainty? The markets don't seem to be. Except when they are.
- But Wall St. is prepping for a possible default.
- Sec. of State Hillary Clinton assures our creditors everything's just dandy.
- Sen. Leader Harry Reid (D-NV) caves on revenues.
- Or is Reid just revealing the GOP's true priorities?
- GOP doesn't know what to make of Reid's deal, either.
- Speaker Boehner (R-OH) puts it all on red.
- Except Boehner and Obama are still passing notes.
- And Boehner has a plan! Whew!
- A handy summary of Dem caves and GOP digging deeper.
- British Business Secretary says American "nutters" are threatening the global economy.
- Analysis: Standard & Poor's hands the political keys to the GOP.
- The GOP started it.
CLASS WARFARE
- Obama's comptroller of the currency sticks up for risk and complexity in our banking system. Hurrah!
- States raise revenue by raising fees and fines, disproportionately targeting the less well-off.
- More than one in four young male veterans is out of work.
- Boehner reaped big bucks from Wall Street as he shielded Wall Street from new rules.
- Means-testing Medicare? It's a marginal tax increase.
- Big business rejects Obama's charm offensive. Shocker.
- Some of the rise in corporate profits has come from overseas.
- Court gives US Chamber of Commerce a win, with ruling that limits shareholders' ability to elect board members. (I wrote about this here.)
- VIDEO: NYC Mayor Mike Bloomberg says the US is very low-tax compared to other countries.
BROKEN GOVERNMENT
- Light bulbs: The Sequel.
- Today's GOP is beholden to a political force...that isn't a political force any more.
- VIDEO: Sen. Tom Coburn (R-OK) conveniently forgets GOP union-bashing as a cause of the FAA shutdown.
- VIDEO: Sen. Bernie Sanders (I-VT) says it would be a good idea for someone to primary Obama.
TERRORISM
- Yglesias says Norway shows us that "fixing" "failed states" is no cure for terrorism.
- Norway shooter drew on American anti-Muslim bloggers.
- Right-wing pundits first blamed Muslims.
- Approximately one million ways a single right-wing Washington Post writer got Norway wrrong.
- In Europe, nationalist/separatist attacks outnumber Islamist ones.
GAY RIGHTS
- Gay New Yorkers get gay married.
2012
- Rep. Michele Bachmann (R-MN) hits back at Tim Pawlenty, claiming "little daylight" between him and Obama.
MITT ROMNEY
- WSJ looks at Romney's record, finds weak job creation and--surprise!--a hike in taxes on business!
MURDOCH
- The FBI gets to work on assessing whether News Corp. broke US laws.
- Murdoch newspaper staff told to preserve documents.
(What I'm reading: Greg Sargent's Plum Line, Think Progress, Matt Yglesias, Talking Points Memo, TPMDC, Taegan Goddard's Political Wire, the Washington Monthly, CNN's PoliticalTicker, the National Journal, Ezra Klein, Politico's Playbook and Huddle, Dave Weigel, Wonkette, Firedoglake, the NYT Caucus, Daily Kos, Crooks and Liars. What my iPod has me listening to: Sinnerman by Nina Simone.)
Follow Senior Producer Jonathan Larsen (@jtlarsen) on Twitter



Finally, we are realizing that people who are label gay, are just humans, who want the same things we want. Love and family, and the right not to live a lie.
Oh brother! LOL!!!!!!!!!!!!
The same issue that went down to ignominious defeat in EVERY state where it was on the ballot becomes "law" through judicial activism and fiat. I should have known this would please you mom. Forget about what the vast majority of people say with their vote, just take it to a sympathetic left-wing judical activist.
You have no idea what freedom and liberty mean.
thanful Mom Hi! You have spoke the truth. How can anybody wave the consitution, equality and justice for ALL!! As far as for your vote well big money and filthy politics swayed it !!
Sarge, Thank you for your opinion..... I have my own mignt & if it makes me a "sympathetic left-wing judicial activist", I'll wear that name proudly! Freedom is for all Americans......and I consider my self one of those as well. Have a nice day.
Mom -
You are, indeed, entitled to your opinion. However, the judiciary is not there to undermine the will of the people. That's exactly what happened in this case.
I would say it's the same thing as Roe vs. Wade, but it's not. In THAT case, the people were NEVER afforded the opportunity to vote. The SCOTUS shoved the law down the throat of the people and now there are 50 MILLION less children in the world.
I don't want to argue the issue of abortion or gay marriage. What I'd like to do is educate some of you folks on the separation of powers between the three branches of government. The founders set it up this way so that sort of thing could never happen. Of course, as the founders called it "the despotic" branch, i.e. the judiciary, has morphed into FAR more than the founders intended.
Pray for the dead children.
Pray for the women who seek backdoor abortions. And for men who don't care what they do as long as they don't have to take responsibility for it.
What a load of tripe. Not you TM sarge, I guess he isn't smarter then a 5th grader.
where would be if a balanced amendment was inplace in 2000?, 2008? what would my disablity check look like today?
Rick where would we be if Bush had'nt been given a rubber stamp for everything? Where would we be if the warning that something terrible was going to happen here and they ignored it?Where would we be if he had finished the war in Afganistan and not went to Iraq? Where would we be if there had been regulations kept inplace to prevent those that the financial disaster we are in right now? It's hard for a nation to recover when the good old boys club still walks the halls in Washington and still STAYS THE COURSE!!!
Personally I don't do what if's, what if's are a waste of time, we have to deal with this is the way it is.
The idea of the free market system had its first form of public break down on Saturday. As the FAA went unfunded due to a Congress consisting of the very worse, major airlines opted to increase ticket prices and capture even more money from consumers. The free market assumption was, if companies do not have to pay taxes or additional fees; this savings would be passed onto the consumer! Yeah right!
#storylink=misearch
Check out the link above for more details. Its a shame and this element needs to be exposed!
Ben great post. I hope our posters with our facts get this out there. Your right it's time to expose them for the rats they are!
Yeah let's talk that issue.
When the wealth have been distributed so unfairly for at least 50 years due to the policies how can we reason that the redistribution of wealth is bad.. We know that there have been distribution of wealth...The policies are designed to keep the rich richer and the poor on the increase and the middle class on the decrease. So, who in the majority of the population (since the wealthy are only from 1-20% of the population who control 90% of the wealth)( and we are at least 80%) would want to keep the distribution as it is? That is moronic and idiotic thinking. Why are the majority in this country such schmucks and push overs that they let their policy makers do that and then those who are in charge get paid to protect someone else's wealth?
Is it just me who sees the truth of the matter? Just think they have distributed the wealth among themselves for more than 50 years. The majority that is you and I, have paid them to do so. They are not going according to societal rules of morality. There are some of them who have already reasoned (on their own, which is a feat) that it is immoral. Yet the majority of people do not see it????
I am not saying to take away from the rich to give the poor but let's design policies to help level the plain field. If they have enjoy for more than 50 years controlling 90% of the wealth why cant they now share 80% of the so called sacrifice.
My apologizes to everyone. Here's another link and I hope it stays:
aformmi, I agree with your assessment and so would the facts. The Gini Coefficent or Index measures the inequality of a distribution. It is commonly used as a measure of inequality of income or wealth. While developed European nations and Canada tend to have Gini indices between 24 and 36, the United States' and Mexico's Gini indices are both above 40, indicating that the United States and Mexico have greater inequality. Using the Gini can help quantify differences in welfare and compensation policies and philosophies. In 2006, the US Gini index was 47.0 or the highest recorded in history. During this time period, the US experienced the greatest accumulation of wealth but it was tilted towards the highest incomes in the nation. Currently, the Gini is at 46.8 and increasing passed on the previous years. In lay terms, 2% of the US populations owns more assests then 60% and 1% of the US population ownes more assets than 90%.
Your link didn't seem to stick Ben. I don't know if this is what you were talking about or not, but I found this at CIA.gov. It has the Gini Indexes for numerous countries, including the U.S.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2172rank.html
Here is the link to the Americans for Tax Reform website. You will be able to see grover's "pledge" there, as well as all who have signed it.
http://www.atr.org/taxpayer-protection-pledge
Curt,Wi thank you for your post, never, never have the stakes been so high! The survial of us the middle class depends on our actions Please call washington and continue to post and reach out.
I almost can see it. I do not need to read it. I know that they just want to keep the status quo as it is. The wealthy not taking part in the sacrifice at the same rate people like you and I are.
When the wealth have been distributed so unfairly for at least 50 years due to the policies how can we reason that the redistribution of wealth is bad.. We know that there have been distribution of wealth...The policies are designed to keep the rich richer and the poor on the increase and the middle class on the decrease. So, who in the majority of the population (since the wealthy are only from 1-20% of the population who control 90% of the wealth)( and we are at least 80%) would want to keep the distribution as it is? That is moronic and idiotic thinking. Why are the majority in this country such schmucks and push overs that they let their policy makers do that and then those who are in charge get paid to protect someone else's wealth?
Is it just me who sees the truth of the matter? Just think they have distributed the wealth among themselves for more than 50 years. The majority that is you and I, have paid them to do so. They are not going according to societal rules of morality. There are some of them who have already reasoned (on their own, which is a feat) that it is immoral. Yet the majority of people do not see it????
to all bloggers who love our country and want to save it from ruin, A rally for John Borhner is being held in Butler,Ohio to support cut ,cap, and balance. I got through to washington twice and told our president to be on guard. Call if you have'nt yet and rally for the middle class. This is so important!
Before theres any wise crackers leaving post ot the spelling It's the house speaker we all need to send crying towel to! JOHN BOHNER!
Pam, You are so right on..... And who cares how you spell Bohner..He is still the creep he is.. But I wanted to also say something to Ed.... Stop bashing the president and start bashing the republicans and those ignorant tea baggers that have caused all this problem..... Bush ruined this country and now everybody wants to blame Obama... We need to stand strong for him. I saw some man on television this morning that was head of some tea party thing. He didn't even know what the debt celing was.. I couldn't believe what he was saying.....
thank you jay talmage. Here in Ohio Petitions were delivered to Sharrod Brown with thousands of signatures to leave the big 3 alone! Our post and calls to the Whitehouse are haveing a collasal effect. So please call and keep posting.Never has your voice been as important as now. The corporate world must cut there waste of goods and services and not use us the people to get there phycal house in order
Ed, you're a nice person, but could you please stop letting the Republicans run with their unfactual talking-points? One guy said these two points:
1). Republicans were voted into office after the 2010 elections and are just doing what the people voted them to do.
a). Nobody ran on Union-stripping. What's happening isn't everything that was talked about on the campaign trail. That's why the recall elections are going on in Wisconsin, it's not just/only democrats; if that were the case, then with the 2010 voting numbers, there wouldn't be enough to get them started in the first place. People who voted Republican are joining in.
b). Democrats were voted in by a VAST majority in 2008. The Republican response was to obstruct, deny, slowdown, and obfuscate everything that the Democrats were trying to do. The Republicans were sore losers and became the "Party of No" that rebranded themselves as "Teabaggers" and had hissy fits at the drop of a tea-bag covered hat.
2). Democrats had control but didn't pass a budget, didn't pass etc.
a). See ltr. B above. The Republicans dragged their feet as much as possible, having temper tantrums and holding up congress. It's only fair that if a Republican is going to castigate the Wisconsin 14 for leaving the state, the Republican had better - in the same breath - castigate his or her party for not doing their job between 2008 and 2010.
I have some issues with how you're framing the debt ceiling debate, but that's a separate critique.
Yeah Ed, what's with the letting guests slide with stating untruths on your show? Dude, be dilligent....everytime these guys and gals lie on your show they gain credibility. Also....you should know that everytime your harder on your own guy than you are the enemy, you reduce your guy to the same level, thereby equalizing the playing feel as far as the uninformed voter is concerned. I think you overreact against the POTUS too frequently without having all the facts! Your not as bad as Cenk but your getting very close.
Drew - that's an interesting viewpoint and it drives a couple of simple questions;
Since the dems were voted in by a "vast majority," and held the house, the senate and the white house, WHY DIDN'T they get anything done except more and more spending? How can you POSSIBLY blame the GOP for the inaction of the democrats. That' the most ridiculous logic imaginable. The Republicans could not have obstructed because the dems controlled everything. STILL NO BUDGET FROM Harry Reid. He claims we "don't need a budget." WHAT???!!???
Secondly, the People in EVERY poll were against Obamacare (some polls by as much as 68-30 with about 2% undecided and others where it was 54% against) yet the Speaker of the House - THIRD IN LINE FOR THE PRESIDENCY - stood before the American People and said "We need to pass the bill so you can read what's in it." Despite the People's wishes, the tyrannical left passed it anyway. Of course, any "friends" of Obama have been given waivers. You like this?
Is this your idea of a constitutional republic? I call it tyranny.
Cenk was awesome. I miss his show - funny AND informative, it was a great combo with a great host.
That aside, I'll have to chide you, Ed, for believing that, "No revenue increases as long as the Big 3 are untouched" is okay. President Obama (D?) put them on the table in the first place. This seems to be the strategy for the entire presidency so far: put something REALLY bad on the table so it makes the other stuff look palpable. How about we get rid of the tax loopholes, increase revenue, AND leave the Big 3 out of it, no thanks to Obama? Sounds like a winning position to me - Oh, and save all that for August 3rd. The Debt Ceiling and Debt are two separate issues that the Republicans have conflated together in order to get Obama out of office - which baffles me since he's the best republican President I've ever seen in my life (born under Regan). Clean vote or 14th Amendment followed the next day by the budgetary deficit talks absent The Big 3 except for streamlining of the process and not cuts to services or availability.
I agree with Bernie Sanders someone needs to take Obama to a primary.
Obama has nearly THREE years to balance a budget and has NOT, he has a lot of failed policies and spending 4 TRILLION a day now. He would rather for someone else to decide on issues and be left out of this that is why he and most of the Democrats have NOT presented a bill on debt or a budget! He is a tax man-raise taxes on everyone-I'am just now getting all my taxes paid, Federal, State, School/property and he wants to raise more? It will come down to the Republicians and moderate Democrats to get us out of this hole he has spent us into! Stimulus that did not work, shovel ready-didn't happen, clunkers-dud and now we hear the Goverment lost 3.2 TRILLION on the Chrysler bailout reported by the Treasury Dept. on July 21. Steve Wynn (Democrat) casino owner and businessman was right last week when he said "Obama is killing the Economy". I hope everyone read his article. So true!!!
Republicans in the Senate obstructed everything the House passed.
The stimulus was too small due to Republicans demonizing it and getting 1/3rd of it as useless tax cuts.
RomnObamacare is a Republican bill; with a giveaway to private insurers and Big Pharma that Obama refused to put on the bargaining table.
The money that would have been in place to fund the government and pay down the debt is lost due to continuing the Bush Tax Cuts for the Filthy/Wealthy.
Obama's raiding Social Security by depriving it of revenue through his Payroll Tax Cut.
Face it: If it weren't for your blind ideologue, Obama has been the best Republican Presidency you guys had since Regan.
And as an added bonus .................... "Like many Americans, Chrysler found itself in serious financial trouble during the recent economic recession. Losses mounted, sales plummeted, and ultimately the automaker needed a government bailout to stay afloat. But on Tuesday, Chrysler announced some good news: it has fully repaid its bailout funds to the tune of $7.6 billion".................Really you righties should google stuff other righties tell you because you really look foolish when someone else does.
I will remind you who set in the oval office 8 years and had the keys to the kingdom to and a rubber stamp for anything his heart desired. I will forever remember when he was in the rose garden and Help me someone with his name someone ahead of finances during Bush years, Well any way he leaned over and told Bush something that required the tarp from preventing the wall street casino from going bankrupt. I say would'nt we all like to know the words he said? And they new this was comming but they rode the wave to the end. Remember ENRON, the housing market was collasping in Calif and it was heading like a sunami across every state. The republican party can say what we are going through is'nt there FAULT, And they will own WE DEFAULT! The Tea party are clueless what it is.!
Ed, Would like to see you interview Janny Scott, a NY writer and author of the book "A Singular Woman: The untold Story of Barack Obama's Mother". In her research she found out Obama Lied about his mother NOT being covered by insurance because tha had a pre-existing condition! Lie her cancer treatments were FULLY COVERED by her employer's insurance! what was not covered was disability. Moreover, Obama had NOT seen his mother in MONTHS and didn't see her until a day AFTER she had died! He told this lie to push his healthcare bill that no one wants and over 1500 people, union menbers and special cronies have opted out of! If you ever get a chance to ask him or one of his aides this question: Why do some people get to opt out and some don't? Could it POSSIBLEY be the one that donate to him and back him? Now that wouldn't be fair would it? Need more fair reporters and talk show hosts to ask these questions. NOt all one sided!
Seniors and the Disabled are demanding the RIGHT TO DIE via a $99.00 Death Drug if cuts in Big 3 occur. They are not going to wheel themselves out to the trashcan to die screaming. Therefore their only viable recourse is demanding the RIGHT TO DIE to be included in any cutting of the Big 3. Welcome to the new America. Please help spread the word.
It can never come to this we are the voice of America and those wondeful people are someones Family. America must stand up and speak out. We will march,call, post, do what ever it takes we will all be old one day. THERE ARE 2 THINGS EVERY SINGLE ONE OF US CAN COUNT ON DEATH AND TAXES!!
Seniors and Disabled get ready. We will have to demand the RIGHT TO DIE via a $99.00 Death Drug in August. I will be first in line and 10s of millions will follow me. A mass suicide due to the incompetence of the two parties. Blood on their hands. Spread the word. We will NOT wheel grandma out to the trashcan to die screaming. We will make our last stand with our finger up. Copy and send this everywhere. PARTY OVER.
Ed , ( ALEC ) American Legislative Exchange Council . Is at the root core of no jobs ,workers rights and wages cuts . Along with consumer cuts and prices increases .
Coprorations buy voting rights that give them the same power as congressmen to rewrite laws and make new laws . Including all healthcare .
Coroporations are taking the peoples rights away and corporations are getting complete total rights . Through laws . Behind closed doors .
The Republicans , GOP , and Tea party are behind this . Starve The Best .
No jobs , No income taxes and other taxes Revenue for the government . They are forcing cuts in the big 3 . Controlling , stopping tax incresses totally . No more revenue for the government . The Military is making corporations big money making products and vehichles , wepons , ect . The government is being taken over by corporations . The Laws are being changed for complete corporations take over . The next Great Deppresson again .
Sarge
The judicial system is there to uphold the law. Show me in the constitution where it says "except for gays". Equal rights is intended to be just that, EQUAL. I fought in Viet Nam for this country and it's people. Not right wing, left wing, white, black gay, straight, but ALL the people. Ask ANY military person that has been in battle it they care what color, greed, etc. the people are. IF they are honest the answer will be hell no.
Thanks Larry! You stand up and be counted.
The SCOTUS also interprets the Constitution and the meaning of the founders intent, not congress, not the president not the Citizens, to prevent illegal law's being passed that restricts the peoples right's. Show me what amendment say's being gay is not a right or the amendment that denies anyone the right to sleep with anyone they choose. Good lord are homophobes stupid.
THANKS LARRY FOR YOUR SERVICE TO THIS COUNTRY! AND SIR WELLCOME HOME! Anyone who puts on a uniform and puts themself in harms WAY we should say thank you no matter who they are! We donot pick who we choose to honor and who we don't !!!
Fact of the matter is no one in Congress with any significant amount of influences cares about the budget or the economy. That includes Cantor, Boehner, Reid and Obama, frankly all of them are far too interested in trying to through blame around as opposed to actually doing their jobs. Simply reality is we have a mess, a big mess, so naturally we need people to clean it up. We need janitors you might say. Think for a moment does a janitor investigate and try to hunt down the person who made the mess? No, because is not to investigate their job is to clean it up not asign blame. Blame games don't fix problems.
The Republican controlled house of reps. under John Boehner has been rather unproductive, a couple weeks ago they were lightbulb regulations some body want to explain to me what the hell that has to do anything important? The idea that someone only one house of congress is failing the people is laughable.
On the topic of gay marriage that should be up to the person and their church the government has no need nor right to interfere. If the union is between two consenting adults the federal government does not need to try to tell others what to think. The entire stupid moral debate on the topic is a real example of big government, government telling you what your morals need to be.
I find it to be very interesting that just now both want to put out an actual plan. These people deserve a major paycut, as a matter of fact I'd say that needs to be on the ballot ASAP
Lastly Sarge if you think that anything our idiot leaders do is even close "tyranny" take a cruise to N.Korea or Iran, Syria or China perhaps. I hear the blood of the innocent that runs through there streets makes the cities look "unique" this time year. Honestly lasts not get melodramatic we may not be all that happy but we are far from the genuine suffering many people in the world have to live with.
thank you. We are winning hearts and minds. People will not let the middle class go down without a fight.
Just got a notice from WH that the pres will speak at 9:00 tonight!
Thankful Mom I'am looking so foward to it. I hav'nt been able to post till this afternoon i though theyd suspended me, boy was i hot. Were are doing it All over people are calling, there having meetings and sigining petitions. we just have to keep it going and its not over till 2012! Please go up to get real 2012, we must get behind this and not allow this to happen!!
Been there done that! It is just 24 hours...sometimes it worth unloading on one of the puppets, and then....you can come back....Just don't use their name with the insult....and there is always a nicer way to say it and get your point across. Or just put them on ignore and you won't fall into their traps....you set the trap.
The news is saying the people need to speak our voice on not stopping the Big 3 ,workers rights ,union support , ect and other issuses . People have been protesting , calling senetors , signing pettitions , polls , ect . All the people protesting on the courthouses lawns . Wisconson's and Minnesota's people protesting and the rest of us have been completely ignored ! The Republicans just pass laws that the people don't want . For Corporations to benifit . The people rights are being refused . The rich and corporations are totaly get want they want . The rich and Corporations take over . Stop the suppresion of the pepoles rights and votes . Take care of the American People , Not the Rich and Corporations .
Mark I heard here in Ohio tonight the same as you about the people standing up and speaking out I said last week if its a fight they want ,IT'S A FIGHT THEY WILL GET.! PLEASE KEEP POSTING AND CALLING, OUR NEWS PAPERS NEED LETTERS.YOU KNOW I WAS IN GERMANY WHEN BERLIN WALL CAME DOWN EVEN CHIPPED AT IT MYSELF. THE POWER OF THE PEOPLE BROUGHT THAT DOWN. AND MARK WE THE PEOPLE CAN BRING CORPORATE RULE DOWN AS WELL!! It is one thing to work for them it's another thing to be GOVERNED by them! We as a people must demand those that signed a pledge, on national TV tear it up! They can not serve our nation and a corporation and then we must demand by a vote to end the power of corporations in our elections!!!!
Actually it was unions that brought down the wall in Berlin. After a union leader became president to Poland the USSR economy crumbled. Why did the USSR economy crumble, the war in Afghanistan and trying to keep up an over priced military, the USSR found itself unable to nation build. The rabid righties try to claim the victory for Reagan, but Reagan had nothing to do with the internal workings of the USSR nor was Reagan in office when either the wall or the USSR collapsed. Nor did anything Reagan do lead to the collapse, he just made a speech. It happened because of bad economic policies within the USSR political machine and years of deficit spending. Gee where is that happening today.
Sounds like I remember over the past several Bush years when it all got worse, remember when Social Security was in the green, even for the next generation?
And lets not forget that when Pres. Clinton left office we were not in a deficit and had a positive balance on the debt sheets instead of trillions in the negative.
I know the War efforts around the world to help Big Oil and the loans (may as well say free money) to the Big airlines when they were going out of business. (None of the money came back visible from Iraq oil or even saving Kuwait as far as I can find out. Where is all that money that went to the Oil for drilling to help gas prices that as you remember...when up after the reserve oil was released by Pres. Obama !!! Currently (7-26-2011 $3.80 gal)
That is easy...The Republican Senate! Duh
i got an idea,instead of cutting ss,lets cut the congress men and womens salaries,the way i see it is if i were to do my job as poorly as they have been doing,i would be fired.this political posturing crap needs to stop!!!for a change lets start cutting budgets at the top of the food chain,instead of the bottom!!!!
They Got What They Asked For - REPUBLICANS - They Thought It Was Only Going To Hurt The Poor But GOD Threw It Back At Them. MR. PRESIDENT DON'T GIVE UP GOD IS NOT THRU WITH YOU YET. He is going to show them that HE IS STILL IN CHARGE.
Ed, tell the people the real deal,see they are'nt really understanding the horrow of whats going down, if you worked hard to keep your credit in good stander, lets say you're at 5.2% if the debt ceiling fall you will go to 7or 9% if your house note is $900 a mo. it will raise to $1,400 a mo. people are thinking that oooH! it may go up a couple of dollars, they are not thinking a couple of thousands dollars if U.S.A credit go up this is what we are looking at.