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Title: It's a deal: Obama, Congress will avert default
Source:
Associated Press
URL Source: http://old.news.yahoo.com/s/ap/20110801/ap_on_go_co/us_debt_showdown
Published: Jul 31, 2011
Author: David Espo
Post Date: 2011-07-31 21:34:12 by Sebastian
Keywords: None
Views: 27658
Comments: 53
Ending a perilous stalemate, President Barack Obama and congressional leaders announced agreement Sunday night on an emergency deal to avoid to avert the nation's first-ever financial default. The arrangement would cut more than $2 trillion from federal spending over a decade. The dramatic agreement, with scant time remaining before Tuesday's deadline, "will allow us to avoid default and end the crisis that Washington imposed on the rest of America," Obama said. Default "would have had a devastating effect on our economy," the president said at the White House, relaying the news to the nation and to financial markets around the world. He thanked the leaders of both parties. House Speaker John Boehner telephoned Obama at mid-evening to say the agreement had been struck, officials said. No votes were expected in either house of Congress until Monday at the earliest, to give rank-and-file lawmakers time to review the package. But leaders in both parties were already beginning the work of rounding up votes. [ For complete coverage of politics and policy, go to Yahoo! Politics ] In a conference call with his rank and file, Boehner said the agreement "isn't the greatest deal in the world, but it shows how much we've changed the terms of the debate in this town." Obama underscored that point. He said that, if enacted, the agreement would mean "the lowest level of domestic spending since Dwight Eisenhower was president" more than a half century ago. Senate Democratic leader Harry Reid provided the first word of the agreement. "Sometimes it seems our two sides disagree on almost everything," he said. "But in the end, reasonable people were able to agree on this: The United States could not take the chance of defaulting on our debt, risking a United States financial collapse and a world-wide depression." In his remarks, Obama said there will be no initial cuts to entitlement programs like Social Security and Medicare. But he said both could be on the table along with changes in tax law as part of future cuts. That was a reference to a special joint committee of lawmakers that will be established to recommend a second round of deficit reductions, to be voted on by Congress before year's end as part of an arrangement to raise the debt ceiling yet again. That is expected to be necessary early next year. Pending final passage, the agreement marked a dramatic reach across party lines that played out over six months and several rounds of negotiating, interspersed by periods of intense partisanship. A final stick point had concerned possible cuts in the nation's defense budget in the next two years. Republicans wanted less. Democrats pressed for more in an attempt to shield domestic accounts from greater reductions. Details apparently included in the agreement provide that the federal debt limit would rise in two stages by at least $2.2 trillion, enough to tide the Treasury over until after the 2012 elections. Big cuts in government spending would be phased in over a decade. Thousands of programs — the Park Service, Labor Department and housing among them — could be trimmed to levels last seen years ago. No Social Security or Medicare benefits would be cut, but the programs could be scoured for other savings. Taxes would be unlikely to rise. Without legislation in place by Tuesday, the Treasury will not be able to pay all its bills, raising the threat of a default that administration officials say could inflict catastrophic damage on the economy. If approved, though, a compromise would presumably preserve America's sterling credit rating, reassure investors in financial markets across the globe and possibly reverse the losses that spread across Wall Street in recent days as the threat of a default grew. Officials familiar with the negotiations said that McConnell had been in frequent contact with Vice President Joe Biden, who has played an influential role across months of negotiations. In the first stage under the agreement, the nation's debt limit would rise immediately by nearly $1 trillion and spending would be cut by a slightly larger amount over a decade. That would be followed by creation of the new congressional committee that would have until the end of November to recommend $1.8 trillion or more in deficit cuts, targeting benefit programs such as Medicare, Medicaid and Social Security, or overhauling the tax code. Those deficit cuts would allow a second increase in the debt limit. If the committee failed to reach its $1.8 trillion target, or Congress failed to approve its recommendations by the end of 2011, lawmakers would then have to vote on a proposed constitutional balanced-budget amendment. If that failed to pass, automatic spending cuts totaling $1.2 trillion would automatically take effect, and the debt limit would rise by an identical amount. Social Security, Medicaid and food stamps would be exempt from the automatic cuts, but payments to doctors, nursing homes and other Medicare providers could be trimmed, as could subsidies to insurance companies that offer an alternative to government-run Medicare. Officials describing those steps spoke on condition of anonymity, citing both the sensitivity of the talks and the potential that details could change. The deal marked a classic compromise, a triumph of divided government that would let both Obama and Republicans claim they had achieved their objectives. As the president demanded, the deal would allow the debt limit to rise by enough to tide the Treasury over until after the 2012 elections. But it appeared Obama's proposal to extend the current payroll tax holiday beyond the end of 2011 would not be included, nor his call for extended unemployment benefits for victims of the recession. Republicans would win spending cuts of slightly more than the increase in the debt limit, as they have demanded. Additionally, tax increases would be off-limits unless recommended by the bipartisan committee that is expected to include six Republicans and six Democrats. The conservative campaign to force Congress to approve a balanced-budget amendment to the Constitution would be jettisoned. Congressional Democrats have long insisted that Medicare and Social Security benefits not be cut, a victory for them in the proposal under discussion. Yet they would have to absorb even deeper cuts in hundreds of federal programs than were included in Reid's bill, which many Democrats supported in a symbolic vote on the House floor on Saturday. As details began to emerge, one liberal organization, Progressive Change Campaign Committee, issued a statement that was harshly critical. "Seeing a Democratic president take taxing the rich off the table and instead push a deal that will lead to Social Security, Medicare and Medicaid benefit cuts is like entering a bizarre parallel universe — one with horrific consequences for middle-class families," it said. While politically powerful business groups like the Chamber of Commerce are expected to support the deal, tea party organizations and others have looked disapprovingly on legislation that doesn't require approval of a balanced-budget amendment. If they keep to that position, it could present Boehner a challenge in lining up enough votes to support a compromise, just as Obama may have to stand down rebels within his own party.
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#1. To: Sebastian, *The Two Parties ARE the Same* (#0)
Sold down the river to the globalists. Vote them out, end of the boot !!!
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
Was there ever any doubt?
Fuck them. And the horse they rode in on. ' ReCap: The Right Wing Tea Party, a wedge of the gop, has, despite the POTUS, the Senate being Democratic, imposed a fiscal strait jacket to wipe out SS and Medicare and Unemployment benefits, w/o impacting/encumbering the Top 1%/Military/FedRes in any way, shape or form. When you send dictats to fly over country, better include your LE Goons...;}
Global trade is grinding to a halt now. No Xmas boats arriving....;} From LewRockwell: "God it's wonderful – really diverting in a macabre sort of way, at least if you have a diseased sense of humor and enough Padre Kino red. Which I do. As I write the world's only delusional superflower, perennially in love with itself, navel-gazing as narcissistically as ever, ignorant, self-indulgent, gurbling like an insane relative in the attic and fondling electro-trinkets from Japan, is broke. Yes, we see a beautiful dive from the high board, two somersaults and a half-twist, into the Third World. And so richly deserved." " He talks about a Chinese businesswoman he knows in Denver, who frequently asks him how her relatives and clients can get hold of a Colorado mine or mineral deposit. And he reminisces about a visit to the Los Angeles port at Long Beach, where he saw ship after ship loaded down with scrap metal, headed for China... Expect more news with this theme as our nation's balance sheet and currency continue to deteriorate. It's not our pie-in-the sky financial industry that these nations hunger for. What goes around, comes around. KM "Reuters observes, factories in Asia and Europe all but stagnated in July, according to business surveys that showed the weakest rates of growth since major industrial powers were struggling through the 2009 recession.
The arrangement would cut more than $2 trillion from federal spending over a decade. 2 trillion over 10 years. Great job Boehner. What a sad f**cking joke.
Tag lines are gay.
What a sad f**cking joke. Chump change. Boehner isn't a leader, he's a gay eunuch. As if this charade of "GOP Leadership" isn't bad enough, the neocon/progressive-statists have managed (along with the Dems) to blame the Tea Party for "sabotaging the bi-partisan effort." It really is one Big Honkin' Political Party, isn't it?
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
imposed a fiscal strait jacket to wipe out SS and Medicare and Unemployment benefits, w/o impacting/encumbering the Top 1%/Military/FedRes in any way, shape or form. Your problem is in defining "Right Wing." And of course the blind spot in your ideological rearview mirror the size of Manchelle's azz. The problem is S-P-E-N-D-ING. Across the board, Commie.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Yes. I wondered just how much of a contorionist Boehner and the GOP would be as they bent over for 0bama and the Dems.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
That - and some really bad acid, man. Probably that same brown acid that was at Woodstock.
LMAO (Thanks for further obvious clarification)
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Absolutely.
"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)
No problem. Anyone with Zero empathy for the Bottom 90%. Think that Master/Slave relationship along with everything being a contract enforced by a military/corporation is natural....;}
The so-called GOP "leadership" don't even fake not bending over anymore. Who are political transvestites Boehner and McConnell kidding, anyway? It's official: They are DC crack whores accepting a pack of cigarette in exchange for "services rendered."
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Think that Master/Slave relationship along with everything being a contract enforced by a military/corporation is natural....;} Here's your problem, Jimmy: YOU are a slave to a Lie. You believe the Left is the solution while they are just as much if not more an aider and abettor of the corporate quid pro quo theft. EXAMPLE: 0bama's good friend - General Electric - paid ZERO taxes last year. Do either you or war want to explain THAT?
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
What does Obama have to do with GE paying 0 taxes? He has made closing coporate loopholes a priority and has gotten nothing but silence from the Congress and derisiion from the media sources YOU pay attention to.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
I'm sure it's nothing. NOTHING at all. OOOOPS!! What's this?? Obama created an economic advisory board and named GE honcho Jeffrey Immelt the head of his private sector job creation council?? Who is Immelt? Immm....only the CEO of General Electric and now a minority owner of NBC (and MSNBC.) I believe GE made FIVE billion dollars in profit and paid no federal income tax. Go ahead - do the math, war.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
And for SOME odd reason, GE wuz exempt. He and you deserve derision for the selective and political way 0bama and the Dems enforce corporate loopholes, 0bamaCare mandates and EVERYTHING else they do.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Who is Immelt? Immm....only the CEO of General Electric and now a minority owner of NBC (and MSNBC.) I believe GE made FIVE billion dollars in profit and paid no federal income tax. Go ahead - do the math, war. So you are saying there is now a pattern of GE paying less or zero taxes as compared to similiar periods during other president's admimistrations? Plus this action by the Bushees should have helped their bottom line: "Bush Administration Asks for Dismissal of General Electric Lawsuit Posted by Staff Writer Monday, February 25, 2002 12:00 AM EST General Electric's (GE) Hudson River contamination case took an interesting turn last week when the Justice Department called for the dismissal of a lawsuit filed by the company. The lawsuit claims the Superfund toxic-waste- cleanup law grants Federal regulators unrestrained power to order environmental cleanups. GE released over 1 million pounds of PCBs, polychlorinated biphenyls, into the Hudson River between 1940 and 1977. The Environmental Protection Agency (EPA) invoked the Superfund law in the fall of 2000, ordering GE to pay a projected $460 million to dredge a forty-mile stretch of the Hudson north of Albany. PCBs can cause irritation of the nose and throat, acne, and rashes. In addition, the EPA lists PCBs as possible carcinogens. Read more: http://asks.aspx?">news.injuryboard.com/bush-administration- asks.aspx? googleid=26570#ixzz1TtGLvCBd
Can you defend 0bama's pattern of select blatant hypocrisy? Aaaah - I see how you defend 0bama - by citing THIS anecdote during Bush's Presidency? Monday, February 25, 2002 12:00 AM EST General Electric's (GE) Hudson River contamination case took an interesting turn last week when the Justice Department called for the dismissal of a lawsuit filed by the company. The lawsuit claims the Superfund toxic-waste- cleanup law grants Federal regulators unrestrained power to order environmental cleanups...the Environmental Protection Agency (EPA) invoked the Superfund law in the fall of 2000, ordering GE to pay a projected $460 million to dredge a forty-mile stretch of the Hudson north of Albany. So the deal Bush's EPA made with GE in 2002 has WHAT to do with 0bama hiring GE CEO Jeffery Immelt as jobs creator AND GE paying ZERO taxes on profits of FIVE BILLION DOLLARS?? Geez, you liberal/leftist are so damn craven and hypocritical apologists for 0bama.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Aaaah - I see how you defend 0bama - by citing THIS anecdote during Bush's Presidency? It's time you learned to read English. I'm defending no one. I'm merely pointing out thst there is nothing unusual at all in GE and various other capitalist enterprises getting perks from various administrations. Isn't that what lobbyists are all about?
Sure you are; You've defended 0bama by citing anecdotal "evidence" that "BUSH DOES IT TOO!" I'm merely pointing out thst there is nothing unusual at all in GE and various other capitalist enterprises getting perks from various administrations. Isn't that what lobbyists are all about? Paying ZERO taxes on $5,000,000,000 is QUITE a "perk" while the Dem/Commie President is screeching about "closing corporate loopholes."
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
I pointed out a comparison and invited you to show that GE is being treated exceptionally by this administration as compared to others. I really don't care what you 'think' about my motives, because you cannot find any statement of mine that backs you up. Other than your historically proven ability to continually come to wrong conclusions evidently based on your 'figments'.
Nice try, but you STILL fail to acknowledge and criticize 0bama's blatant hypocrisy AND obvious conflict of interest. It's not as though Bush soon after dropping his DEP suit against GE that he hired GE's CEO. I really don't care what you 'think' about my motives, because you cannot find any statement of mine that backs you up. Other than your historically proven ability to continually come to wrong conclusions evidently based on your 'figments'. You're soooo busted in this. AS IN THIS SPECIFIC CASE.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
We are not going with YOUR distractionj in case you have forgotten. YOU posted to my Reagan post and I'm staying on that topic. Reagan was the original bought and paid for by GE politician. You should be happy his influence still reigns supreme in later administrations.
Libby...I'm sorry...but that statement is just flat out stupid. GE paid ZERO TAXES and it's because the POTUS is "screeching" about making it so they HAVE to pay SOME taxes?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Exempt from what?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Prove it. But remember not everyone thinks the word 'Reaganesque' means anything other than Reagan-like.
You and your Fantssy of how the USSA becomes the Shining City on the Hill. While keeping the Bottom 90% as chattel...;} No problem calling your ilk on it either. You're going to have to get violent, cause you've convinced all you're going to...
When did Corporations get more rights than humans? How do the Top 50 000 think they'll survive as the Planet moves out of the Holocene...;} Can a weather person say climate change and still keep their job? O that would be a CT. And no one around here believes in Conspiracies. Just good ole' amerikans...
Jimmy, again: You believe the Left is the solution while they are just as much if not more an aider and abettor of the corporate quid pro quo theft - isn't that right? EXAMPLE: 0bama's good friend - General Electric - paid ZERO taxes last year. Do either you want to explain how or why Comrade 0bama allowed GE to pay NO TAXES when all the fraud does is squawk about corporations and the "rich" who don't pay taxes? And then he hires Jeffrey Immelt, GE CEO as his "Jobs Czar." Do ya see the hypocrisy OR are you going to ignore this issue again??
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
becomes the Shining City on the Hill. While keeping the Bottom 90% as chattel...;} The rich and elites will ALWAYS retain the bulk of the assets and wealth of society. But in a country where even the "poor" own houses, cars, plasma TVs, cell phones, and eat sufficiently WHILE sitting on their fat azzes, just WTF is you beef?? Oh, that's right - that "Shining City on the Hill" hasn't a hammer and sickle flag planted at it's apex. You're going to have to get violent, cause you've convinced all you're going to... Come try and take mine away from me, pal. I can guarantee you won't get kissed.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
8D BUWAHAHAHAHAHA This will take two posts: ITALY BREAKS: Entire FTSE MIB Is Now Suspended Submitted by Tyler Durden on 08/04/2011 - 10:05 Italy Market holiday bitchez. "Further notice will follow." Don't hold your breath.
The Bottom 90% own NOTHING. They RENT what they have. And the Illusion of their Owning is being shattered as I type.
No. Not Always. There are brief interludes... during after Empire Implosions... Cause the Empire can no longer protect the Top 50 000. When Buffett goes...that'll be the point...;}
You don't know what I believe, so you insert Left. But it's been since 1947, that the USSA has even seen the Left. Truman was successful. Reagan got rid of the Liberals. It's Anarchy now. The USSA implodes. Get to know you Local Sheriff...;}
BWAHAHAHA BUWAHAHEEEE ;} You'll be shooting yourself in the foot an else where... while I have bigger fish to fry.... sincerely Jim
The formula guarantees a shutout of the Left – although, as long as Obama is around, the corporate media will continue to claim, nonsensically, that he represents the Left. "Rep. Sheila Jackson-Lee was upset because of perceived disrespect to Obama, who offers nothing to Black people." The most pitiful picture to emerge from the mega-debacle just witnessed in Congress, is that of Black Texas Rep. Sheila Jackson-Lee, standing on the House floor in mid-July, asking "Why is this president being treated so disrespectfully" by Republicans, in the debt debate. As if insults to Obama’s dignity were the crisis ravaging her constituents and the rest of Black America.
sincerely Jim A guppie?
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
ITALY BREAKS: Entire FTSE MIB Is Now Suspended Submitted by Tyler Durden on 08/04/2011 - 10:05 Italy Market holiday bitchez. "Further notice will follow." Don't hold your breath. Look - at least at one time I'd understood most of what you were trying to communicate. But now you've obviously graduated from Byeltsin U. WITH HONORS.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
They RENT what they have. FALSE. 10% of a gazillion dollars is STILL much wealth and assets. And the Illusion of their Owning is being shattered as I type. It's true this percentage is being reduced quite a bit during the last five years - I'll concede you that point.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
No. Not Always. Ok. Maybe Adam and Eve didn't own 90% of Eden.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
BECUZ you support social and fiscal justice, you ARE a Communist, but also part fascist... It doesn't mean I don't agree with a few of your beliefs and financial/political assessments.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
HUH?? The guy is as LEFT is LEFT is. The most pitiful picture to emerge from the mega-debacle just witnessed in Congress, is that of Black Texas Rep. Sheila Jackson-Lee, standing on the House floor in mid-July, asking "Why is this president being treated so disrespectfully" by Republicans, in the debt debate. As if insults to Obama’s dignity were the crisis ravaging her constituents and the rest of Black America. See? You are capable of an occasional gem.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
The guy is as LEFT is LEFT is. Now that's insane. Since Obama picked(picked for him) his Military/Finance weeks after Election I've said O's bought and paid for. Question: Who was the First to bring up Cutting SS/Medicare in this Debt Ceiling Kabuki Theatre? .....tick tock....;}
It doesn't mean I don't agree with a few of your beliefs and financial/political assessments. Look. Let me make it simple for ya. I'm with the Planet. And it's kicking humans back to 800 million by 2100. MAybe the survivors can look forward to something that hasn't been radiated and is not 120 above or below zero then... And we're just getting started. This is Planet Hell. Ruled by Psychos. And the gods aren't very nice...;} Karma's a bitch. " In contrast, throughout this past year, popular uprisings of varying scope and degree of success have been unfolding worldwide. And the genie is not going back in the neoliberal bottle. The global power elite might not like it, but (unlike the general population of the U.S., whose view of life has been conditioned by the inundating, thus internalized, narcissism proffered by media age hyper-commercialism, and who have come to exist as self-involved consumer state dystopias of one) -- large numbers of the people of the world are declaring to their overlords: We've had enough of the world you've created...time to make it our own. With this in mind, let us take a moment to pity our own poor, little, economic despots…from the start, so misunderstood…they only built the U.S. on the bones of African slaves and watered the soil with the blood of murdered Indians, and, from that time on, proceeded to pile corpses to the sky, only so they could climb atop and look out for us lesser folks."
Gold goes to red as Mr Margin calls on Line 1....;}
the Top 50 000 are about to find out that you can't own what you can't hold. Which is when they start war. All Wealth is the result of an Undiscovered crime. Getting beack to Adam and Eve...LMFAO...the Sumerians as they deforested Meospotamia...;}
Ergo, the so-called "debt crisis" involved a similar dance of deceit and distraction. As was the case, early into the Obama presidency, with the healthcare "debate," the deal was struck before the faux rancorous music began. The fix was in. The moneyed class works the system and those without power and influence get worked over. Regarding the persistent, liberal fallacy: Obama needs to stand up for his convictions. Correction: Throughout his presidency, he has been standing upon his convictions i.e. standing on the throats of the powerless as we're being mugged by his elitist benefactors. Moreover, how does he or anyone "change the tone" of political polarization so evident in the nation, when the right is a walking landfill of noxious arrogance and inexplicable self-regard? If contemporary conservatives showed any indication of harboring even a molecule of humanity or self-awareness then a dialog might be possible.
MAybe the survivors can look forward to something that hasn't been radiated and is not 120 above or below zero then... And we're just getting started. This is Planet Hell. Ruled by Psychos. And the gods aren't very nice...;} Karma's a bitch. Let me help you here... This planet and this dimension IS ruled....by satan. But ONLY because God (as in The One and Only Creator) doesn't control our Free Will. This planet is a prop, a temporary blip, a test. It's NOT designed to be "Heaven" or forever, so fugetabout this planet. Karma as a Universal "justice" system is non-sensical. Get right with God, Jimmy. The End Is Near whether it's tomorrow or 50 years from now. Forever is a loooong time. Make the right investment in your spirit and soul.
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
So you don't believe in "Honest Work" producing "honest wealth"?
#1. To: Goldi-Lox (#0) I used the wrong link. yukon posted on 2011-03-27 1:40:47 ET
Oh Yeah! Goldman Sachs did the paper. $167 000 a year. That's what you need for happiness. Anything above is just keeping score....;}
Finally, and I didn't have to go to India for my guru...;}
This planet is a prop, a temporary blip, a test. It's NOT designed to be "Heaven" or forever, so fugetabout this planet. Karma as a Universal "justice" system is non-sensical. Get right with God, Jimmy. The End Is Near whether it's tomorrow or 50 years from now. Forever is a loooong time. Make the right investment in your spirit and soul. Religion. And thank you... US v Them....Planet Hell's first rule of thumb...;} As the psychos gut it...every human is a wealth measure for the Top 50 000.
the Chamber of Commerce are expected to support the deal
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#2. To: hondo68 (#1)
Sold down the river to the globalists.
#3. To: Sebastian (#0)
#4. To: Sebastian (#2)
Was there ever any doubt?
#5. To: Sebastian (#0)
Boehner said the agreement "isn't the greatest deal in the world, but it shows how much we've changed the terms of the debate in this town."
#6. To: We The People, sneakypete (#5)
(Edited)
2 trillion over 10 years. Great job Boehner.
#7. To: mcgowanjm (#3)
The Right Wing Tea Party, a wedge of the gop, has, despite the POTUS, the Senate being Democratic,
#8. To: Sebastian (#2)
Was there ever any doubt?
#9. To: Liberator, mcgmjmgmjm (#7)
Your problem is in defining "Right Wing."
#10. To: Get Outta Dodge! (#9)
#11. To: Liberator (#6)
It really is one Big Honkin' Political Party, isn't it?
#12. To: Liberator (#7)
(Edited)
Your problem is in defining "Right Wing."
#13. To: sneakypete (#11)
#14. To: mcgowanjm, war (#12)
Anyone with Zero empathy for the Bottom 90%.
#15. To: Liberator (#14)
Do either you or war want to explain THAT?
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#16. To: war (#15)
What does Obama have to do with GE paying 0 taxes?
#17. To: war (#15)
He has made closing coporate loopholes a priority and has gotten nothing but silence from the Congress and derisiion from the media sources YOU pay attention to.
#18. To: Liberator (#16)
(Edited)
OOOOPS!! What's this?? Obama created an economic advisory board and named GE honcho Jeffrey Immelt the head of his private sector job creation council??
#19. To: mininggold (#18)
(Edited)
So you are saying there is now a pattern of GE paying less or zero taxes as compared to similiar periods during other president's admimistrations?
#20. To: Liberator (#19)
Can you defend 0bama's pattern of select blatant hypocrisy?
#21. To: mininggold, war (#20)
I'm defending no one.
#22. To: Liberator (#21)
Sure you are; You've defended 0bama by citing anecdotal "evidence" that "BUSH DOES IT TOO!"
#23. To: mininggold (#22)
(Edited)
I pointed out a comparison and invited you to show that GE is being treated exceptionally by this administration as compared to others.
#24. To: Liberator (#23)
Nice try, but you STILL fail to acknowledge and criticize 0bama's blatant hypocrisy AND obvious conflict of interest. It's not as though Bush soon after dropping their suit against GE that they hired GE's CEO.
#25. To: Liberator (#21)
Paying ZERO taxes on $5,000,000,000 is QUITE a "perk" while the Dem/Commie President is screeching about "closing corporate loopholes."
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#26. To: Liberator (#17)
And for SOME odd reason, GE wuz exempt.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#27. To: Liberator (#23)
You're soooo busted in this. AS IN THIS SPECIFIC CASE.
#28. To: Liberator (#14)
liberator
#29. To: All (#28)
#30. To: mcgowanjm (#28)
#31. To: mcgowanjm (#28)
(Edited)
You and your Fantssy of how the USSA
#32. To: Liberator (#31)
The rich and elites will ALWAYS retain the bulk of the assets and wealth of society. But in a country where even the "poor" own houses, cars, plasma TVs, cell phones, and eat sufficiently WHILE sitting on their fat azzes, just WTF is you beef??
#33. To: Liberator (#31)
But in a country where even the "poor" own houses, cars, plasma TVs, cell phones, and eat sufficiently WHILE sitting on their fat azzes, just WTF is you beef??
#34. To: Liberator (#31)
(Edited)
The rich and elites will ALWAYS retain the bulk of the assets and wealth of society.
#35. To: Liberator (#30)
You believe the Left is the solution while they are just as much if not more an aider and abettor of the corporate quid pro quo theft - isn't that right?
#36. To: Liberator (#31)
Come try and take mine away from me, pal. I can guarantee you won't get kissed.
#37. To: All (#36)
#38. To: mcgowanjm (#36)
I have bigger fish to fry....
#39. To: mcgowanjm (#32)
This will take two posts:
#40. To: mcgowanjm (#33)
The Bottom 90% own NOTHING.
#41. To: mcgowanjm (#34)
("The rich and elites will ALWAYS retain the bulk of the assets and wealth of society.")
#42. To: mcgowanjm (#35)
You don't know what I believe, so you insert Left.
#43. To: mcgowanjm (#37)
As long as Obama is around, the corporate media will continue to claim, nonsensically, that he represents the Left.
#44. To: Liberator (#43)
HUH??
#45. To: Liberator (#42)
BECUZ you support social and fiscal justice, you ARE a Communist, but also part fascist...
#46. To: All (#45)
#47. To: Liberator (#41)
Ok. Maybe Adam and Eve didn't own 90% of Eden.
#48. To: All (#47)
#49. To: mcgowanjm (#45)
I'm with the Planet. And it's kicking humans back to 800 million by 2100.
#50. To: mcgowanjm (#47)
All Wealth is the result of an Undiscovered crime.
#51. To: Liberator (#50)
So you don't believe in "Honest Work" producing "honest wealth"?
#52. To: Liberator (#49)
Let me help you here...
#53. To: Liberator (#49)
This planet and this dimension IS ruled....by satan. But ONLY because God (as in The One and Only Creator) doesn't control our Free Will.
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