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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (127200)4/19/2011 10:53:41 AM
From: longnshort1 Recommendation  Respond to of 132070
 
Barack Obama Is Directly To Blame For the S&P Downgrade
by Erick Erickson (Profile)

If you have been away for the past twenty-four hours, you missed that for the first time since its founding in 1941, Standards and Poor downgraded our nation's credit outlook. S&P believes there is a 33% change it will downgrade the nation's AAA credit rating in the next two years.

For the past year, Democrats have spent freely arguing that their free spending ways did not matter. In fact, Barack Obama's proposed budget for 2012 increases the national debt to 116% of gross domestic product, even while adding $2 trillion in tax increases.

It is not that budget proposal that became the straw to break the camel's back.

It was not even his trillion dollar stimulus plan or his multi-trillion dollar stimulus plan than became the straw to break the camel's back.

In fact, it was Barack Obama's disastrous speech last week that broke the camel's back.

As James Pethokoukis noted, Obama's muddled plan to solve the crisis was "fastened together by the chewing gum and sticky tape of rosy economic assumptions and fiscal opacity." But more so, it was Barack Obama's angry words and denunciation of Paul Ryan's own plan that drove S&P to its conclusion.

S&P said

We view President Obama's and Congressman Ryan's proposals as the starting point of a process aimed at broader engagement, which could result in substantial and lasting U.S. government fiscal consolidation. That said, we see the path to agreement as challenging because the gap between the parties remains wide. We believe there is a significant risk that Congressional negotiations could result in no agreement on a medium-term fiscal strategy until after the fall 2012 Congressional and Presidential elections. If so, the first budget proposal that could include related measures would be Budget 2014 (for the fiscal year beginning Oct. 1, 2013), and we believe a delay beyond that time is possible.

Remember, up until the President's attack, even Democrats on the Deficit Commission were praising Paul Ryan's willingness to engage the issue "at an adult level." Everyone expects congressional partisans to take pot shots, but for the President of the United States to have a temper tantrum over it akin to a three year old denied a lollipop? That's unheard of.

The President's open hostility to an adult plan while offering no substantive plan of his own was the straw that broke the camel's back. And because Mr. Obama still cannot deal with the issue as an adult, we will keep heading down this treacherous road.



To: Knighty Tin who wrote (127200)4/19/2011 1:14:59 PM
From: longnshort2 Recommendations  Respond to of 132070
 



To: Knighty Tin who wrote (127200)4/19/2011 1:27:12 PM
From: longnshort1 Recommendation  Respond to of 132070
 
BOZELL EMBARRASSES SPITZER ON HIS BLATANT MEDIA BIAS


“How can you with a straight face go on this show and tell me you don’t have a bias? That’s what you were hired to have.”

Another example of how Brent Bozell and Media Research Center continue to be the pioneering warriors in the media bias battle.

breitbart.tv



To: Knighty Tin who wrote (127200)4/19/2011 2:01:46 PM
From: Nadine Carroll3 Recommendations  Read Replies (1) | Respond to of 132070
 
Actually, the Medicare vote was negotiated and half the Republicans voted for it. It wasn't just jammed down on a party-line basis, using every strong-arm tactic and payoff in the book, like Obamacare.

ssa.gov

I know who has always believed in welfare for corporations and free enterprise for workers. True, you get a handful crossing party lines, but, in general, Republicrooks love the wealthy and the corporations and hate workers and unions. Democrats, who are far from perfect, are better on these issues.

If this was ever true, it hasn't been for a generation.

Did you notice which candidate got the most money in total, in much larger donations, and mostly from the wealthy, in 2008?

Today it's the rich: the limousine liberals and the rent-seeking crony capitalists, the lobbyists, the trial lawyers, the government dependents: the NEA, the SEIU, the UAW, and the poor: the bottom 40% who pay NO Federal income tax, whose permanent dependency on Government the Democrats are working to insure, who make up the Democratic Party.

The working middle class and small business owners are the backbone of today's Republican Party. That's whom Obama wants to impoverish to pay for his promised largesse. Look at the Tea Party, that is who they are.



To: Knighty Tin who wrote (127200)4/19/2011 2:15:04 PM
From: Nadine Carroll4 Recommendations  Read Replies (1) | Respond to of 132070
 

That does not mean that we do not have to find a way to live within our means. It also means you have to give the GOP some stuff because they control the house, due to temporary insanity by the American voter.


There is a remarkable disconnect between sentence one and sentence two in that paragraph. Just who was it that spent us into an S&P downgrade, if not the Pelosi/Reid Congress with Obama in the White House? Who gave us the $4 Trillion dollar Federal budget on $2.5 Trillion Federal revenue?