Showing posts with label debt ceiling. Show all posts
Showing posts with label debt ceiling. Show all posts

Tuesday, August 2, 2011

The GOP Debt Limit Success Charade

The GOP Debt Limit Success Charade

The political dust hadn’t even settled when all the principals were grinning and back-slapping over the snarky, bi-partisan debt suckering of the American people by those same national leaders. Barack Obama was elated, almost tearfully happy he had averted not the imminent default but at avoiding being labeled as The Default President.

Harry Reid was overjoyed, overjoyed for the funereal Harry Reid, at his coup. John Boehner and Mitch McConnell basked in what they erroneously called a Republican victory, of sorts.

Wisely kept out of the negotiating loop, Nancy Pelosi sulked and concurred that the deal was a “Satan sandwich” yet caved and voted to eat that delicacy rather than have to manufacture an original thought. With the triumphal Gabby Giffords in the House and in favor of the bill, Aunt Nancy couldn’t very well vote against her.

Actually, in a great and confused rhetorical leap, Democrat Rep. Emanuel Cleaver (MO) had termed the engineered debt agreement a “sugar coated Satan sandwich,” although it’s difficult for conservatives and anyone else interested in fiscal sanity to taste its sweetness.

Perhaps Cleaver had in mind the Urban Dictionary’s definition of a Satan sandwich as “The chiefest of hell’s dark delights, it is said that just one bite of it arouses an unspeakable lust of terrific potency,” although that’s unlikely since Cleaver is a minister and ministers aren’t supposed to think that way.

Whatever you choose to call the bill raising the nation’s debt limit, to term it a successful agreement would be subverting the meaning of success.

Can it be characterized as a success when the nation’s debt ceiling is raised by as much as $2.4 trillion, the largest increase by far in our history, second only to the 2010 increase of $1.9 trillion, both of which major gradations occurred under the careful watch of President Obama and his accomplished tax cheat Treasury Secretary, Timothy Geithner?

Can it be characterized a success . . .
(Read more at http://www.genelalor.com/blog1/?p=5154)

Sunday, July 31, 2011

Let's Go for Broke! Default Now!

Let's Go For Broke! Default Now!

Debt default seems academic at this point what with the announcement out of Washington Sunday night that a tentative deal had been brokered on the debt ceiling. However, the operative word there is “tentative.”

With reservations, Senate Majority Leader Reid likes it, which could and should be the kiss of death in the House. Speaker Boehner is ambivalent but believes it’s in line with GOP principles although, as a RINO, his view of those principles don’t jibe with conservative principles. House Democrat Minority Leader Pelosi isn’t sure what she thinks and will probably wait until the deal is consummated before reading it. Senate Minority Leader Mitch McConnell greased the skids for the agreement but can easily wash off the grease if it goes badly.

In sum, the vaunted deal will not become a done deal until the overweight lady sings her approbation and shouldn’t be approved since the so-called compromise accomplishes nothing substantive aside from authorizing the president to tack on a few more trillion to the federal debt.

Balanced budget? They’ll work on it. Cuts in spending? Piddling, but they’ll work on that too and appoint another toothless commission to study them. Re-structuring Medicare, Medicaid, Social Security, the most crushing crises facing America? Not even on the table.

Barring a temporary debt ceiling hike postponing the inevitable, what if America defaults Monday night at 11:59:59 p.m.?

That scenario is now unlikely since the party in favor of fiscal sanity has once again compromised and the party favoring taxing and spending the United States into financial oblivion seems about to get its way, once again, but, just for the jollies, what if we do default?

Who would be held responsible? What would be the effects of a default? Who would emerge the winner and who the goat? . . .
(Read more at http://www.genelalor.com/blog1/?p=5143)

Friday, July 29, 2011

Hyperbole and Insanity in D.C.

Hyperbole and Insanity in D.C.

It’s sometimes challenging to attempt to separate the wheat from the chaff, the real from the unreal, the merely mistaken from the blatantly hyperbolic, the dumb from the patently maniacal ideas and blatherings emanating from Washington, D.C. nowadays.

Okay, it’s always a challenge and not just lately. Of late, however, some of the chaffish, unreal, hyperbolic rantings from Democrat politicians lead objective observers to wonder whether some of their ilk have gone, literally, insane.

If not for the state of the art air conditioning in the Capitol, I could attribute it all to the effects of D.C. heat.

A leader of the Dem pack, former and wannabe-future Speaker of the House, multi-millionaire Nancy Patricia D’Alesandro Pelosi, (CA), has always been an enigma to those who were mystified as to how a DNC hack could rise to the position of third in succession to the presidency of the United States.

In her role as Speaker, Pelosi further mystified with ineptitude supplemented by outrageous ignorance, more graciously termed inexperienced naiveté, as when she freely admitted she hadn’t the bloodiest idea of what was contained in the most significant social legislation her House had passed in generations, Obamacare.

Saying we would all have to wait until the Patient Protection and Affordable Care Act was rammed through on Christmas Eve, 2009 before we–and she and her fellow Democrats who had done the ramming–would know what the PPACA contained should have led to her summary impeachment. Instead, it led to accolades for Pelosi’s leadership.

Go figure.

What is beyond figuring are the most recent statements of this current Democrat Leader of the House and her congressional cohorts.

On Thursday, Leader Pelosi delivered what may best be described as a head-shaker regarding the debt limit debate, which the Senate Majority Leader on Friday all but guaranteed would go down to the Tuesday wire.

Rep. Pelosi clarified the essential issue in that debate for us nincompoops who just can’t grasp essentials when she said, “What we [that would be Democrats] are trying to do is save the world from the Republican budget. We’re trying to save life on this planet as we know it today.” (http://bit.ly/ql288h)

Got it now, fellow nincompoops? And you thought that Obama spending scarce taxpayer money like a drunken Dem and adding trilions to the national debt in just 28 months, his refusal to accept the Republican proposal for a balanced budget, and his demonstrable financial ineptitude were the problems! You probably also believe legislation should be read before it’s approved!

We should trust Aunt Nancy to preserve the planet, all life thereon, and the American way, forever and ever. Amen.

Harry Reid (NV) is another Dem who has either gone over the rhetorical top–or has simply gone bonkers. . .
(Read more at http://www.genelalor.com/blog1/?p=5115)

Thursday, July 28, 2011

Al Franken Finds His Sick Niche

Al Franken Finds His Sick Niche

You can dress a clown up as a senator but he would still be a clown, and not necessarily a very funny clown. Alan Stuart Franken, aka the dopey, simpering, effeminate Stuart Smalley, was canned because he wasn’t funny on “Saturday Night Live,” failed with talk radio’s leftist Air America, and had little else to do but stage a run for the United States Senate.

Inexplicably, Minnesotans elected him–by 312 votes and with more than a little help from ineligible Twin Cities convicted felons, creative re-counting of ballots, and empathetic Minnesota courts. Coincidentally, Minnesota’s state bird is the common loon.

And so Mr. Franken went to Washington in 2009 toting all his baggage and a tainted plurality.

He was thrilled according to CNN and is finally on a comic roll in D.C., such as it is.

Freshmen senators don’t usually accomplish much early on in their senatorial tenures but Franken recently hit his stride by taking positions on two controversial issues now being debated in congress: the repeal of the Defense of Marriage Act, DOMA, and the debt ceiling.

He was wrong on both.

Defying the odds and never letting facts cloud his judgment, Franken ripped into the Bill Clinton initiative, DOMA, passed by an overwhelming 84% of congress fifteen years ago and subsequently reinforced by 31 of 31 states which concurred that a marriage consists of one man, one woman, no variations allowed.

A number of prominant Democrats including Sens. Harry Reid and Pat Leahy supported DOMA in 1996 but, with the rise of gay social and political power, have switched sides and abandoned whatever principles they once had.

Sen. Franken is equally-unprincipled even if he is hardly prominent but he blows in the political winds with the best of them.

In pushing for support of the Respect for [Homosexual] Marriage Act to replace DOMA, Franken attacked an anti-gay marriage advocate, Tom Minnery, for citing a 2007 HHS study. That study unequivocably showed that children fare better in a “nuclear family” consisting of biological or adoptive parents.

Franken contended that same-sex parents do just as well rearing their kids, ignoring the reality that there were approximately 59 million normal married households in America versus 0.0002% of gay families among the “nuclear households” at the time of the HHS conclusions.

In addition and despite gay claims . . .
(Read more at http://www.genelalor.com/blog1/?p=5111)