Sunday, July 31, 2011

So what do dems want in debt ceiling?

We're still inthe midst of the debt ceiling thing, largely because Brain-dead Harry Reid killed the Republican House bill in the Senate and is trying to substitute his own.

Funny thing is, though (and forgive any typos 'cause I'm laughing) Reid can't get enough votes in the dem-controlled Senate to support it.

In addition, the House gave the language in Reid's bill a run-through and it was heavily defeated by a bipartisan mix of dems and Reps.

I've read everything I could get my hands on about Reid's bill. Tough, because it's a weekend and reporters also like some time off every now and then. And I don't go to the networks for news. That leaves all the leftist newspapers and Fox.

Anyway, what I've been able to gather is that the Reid bill calls for raising the debt ceiling by $2.9 TRILLION through around March, 2013 -- conveniently after the 2012 elections so the dems can avoid walking around with egg on their faces during their election campaigns. And the bill also offers budget cuts of about $2.4 TRILLION -- OVER TEN YEARS.

Yeah, right. I'm looking for that flight of donkeys that should be over the roof right about now. Nothing so far.

Boehner's bill allows for raising the debt ceiling by $900 billion through around January, 2012, with $917 billion in cuts taken immediately. It requires congress to vote on a Balanced Budget Amendment. (70% of US voters favor this. Apparently everyone but hard-core far-left dems.) Also, a committee would take up the issue of finding further budget cuts, these to be available by January, 2012. And the debt ceiling will come up again for consideration in January 2013. Historically, most debt ceiling increases have run only about six to seven months.

Then the Comrade sticks his ugly mug into the debate again regarding "triggers" that are intended to enforce the controls on spending. (Actually, I don't see any controls on spending in the Reid bill, but maybe that's just 'cause I live outside the Beltway. So far from the fantasy.)
Apparently in the Boehner bill, if the feds fail to make the promised budget cuts, and spending rises over a certain level, that triggers cuts in federal spending somehow.

What the Comrade prefers in an "enforcement clause" is that if spending exceeds certain limits, taxes will automatically go up.

He certainly is slick, isn't he? Under the Reid bill, and if it includes the Comrade's fondest wishes, the Comrade won't have to answer to voters about how badly he's wrecked the economy with his  reckless indifference toward Other Peoples' Money. AND he hopes to reward himself with automatice tax hikes that will be no one's responsibility. Hey, shit happens. Ain't the Comrade's fault.

So, Comrade, try this for one of your heartwarming little radio addresses. "Too bad you poor dumb slobs in the hinterland have had to give up electricity this month to pay your taxes. Sigh... But vote for me, because I am blameless." That will be his 2012 campaign bumper sticker. "I have done NOTHING!"

And that's still better than the truth.

Did you know that according Rasmussen Reports, the Comrade's approval rating is about the lowest it's ever been? Also saw a recent number stating that while the Comrade got an extraordinary 98% of the black vote in the 2008 election, his support from blacks now is down around 77%. So I guess the supposed historical significance of the Comrade's election is wearing pretty thin as an excuse to keep him in office.

Reid delayed the Senate vote on his bill until this afternoon, Sunday, 7/31. My bet is that the vote won't be taken at all. He won't be able to round up enough support. 'Cause you know, the Comrade is not the only one running in 2012, and members of congress don't get helicopters and limos and Secret Service. They get the heat and noise at the Town Halls.

Save the Republic.

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