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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (619056)	7/12/2011 2:46:16 PM
From: Brumar89	Respond to of 1583503

Tim Geithner's Tippity-Top Secret Debt Ceiling Spreadsheet Biff Spackle lands another exclusive: our beloved, TurboTax-challenged Treasury Secretary's secret spreadsheet that specifies who gets paid and who gets bounced if the debt ceiling ain't raised: As the Bipartisan Policy Center confirms: The BPC study found that the United States is likely to hit the debt limit sometime between August 2 and August 9. “It’s a 44 percent overnight cut in federal spending” if Congress hits the debt limit, Powell said. The BPC study projects there will be $172 billion in federal revenues in August and $307 billion in authorized expenditures. That means there's enough money to pay for, say, interest on the debt ($29 billion), Social Security ($49.2 billion), Medicare and Medicaid ($50 billion), active duty troop pay ($2.9 billion), veterans affairs programs ($2.9 billion). That leaves you with about $39 billion to fund (or not fund) the following: Defense vendors ($31.7 billion) IRS refunds ($3.9 billion) Food stamps and welfare ($9.3 billion) - Unemployment insurance benefits ($12.8 billion) Department of Education ($20.2 billion) Housing and Urban Development ($6.7 billion) Other spending, such as Departments of Justice, Labor, Commerce, EPA, HHS ($73.6 billion) Gee, let's see. You mean we'd have to furlough: Eric Holder? The National Labor Relations Board (NLRB), which is waging war on Boeing and other private sector companies? The EPA, which is trying to run an end-around on Congress with its own version of cap-and-trade? HHS, the blunt instrument of Obamacare? The Department of Education, also known as the stealth AFT and NEA funding agency? And HUD, progenitor of the Fannie Mae Housing Crisis, thanks to Andrew "The Architect of Ruin" Cuomo? Wow. Tough decision. Let me think for a minute... Furlough 'em. Nuke 'em from orbit. It's the only way to be sure. Make Obama lead for a change. Force him to make the tough decisions. I'm sure he'll do spectacularly well. After all, he had so much executive experience prior to taking the job. And he's maintained that stellar performance ever since. PRESENT! directorblue.blogspot.com

To: Brumar89 who wrote (619056)	7/12/2011 2:51:49 PM
From: Brumar89	Read Replies (1) \| Respond to of 1583503

More illegal gun operations surface, and the MSM tries to stay quiet The Obama Administration ran roughly 2,000 guns to Mexican cartels through “Fast and Furious” in Arizona. We’re now hearing that at least another 1,000 guns were run through an identical operation in Tampa, to the ultra-violent MS-13 gang in Honduras. Americans must know: How many more Fast and Furious programs are there out there, and why is the Obama Administration responsible for thousands, or perhaps tens of thousands of more guns being shipped south of the border to criminal gangs waging civil wars? Make no mistake: Our federal law enforcement agencies are responsible for what can only be described as the blatant support of narco-terrorism, and there is little doubt that this program originated and was authorized with the full knowledge of the highest levels of the executive branch, including cabinet-level officials and the White House itself. This is worse than Watergate and Iran-Contra combined. Our administration is supplying terrorists with weapons as they seek to overthrow our neighbor and ally. There is no pit in a prison deep enough for those involved. pajamasmedia.com Allen West: We need a special prosecutor to investigate Holder’s role in Operation Fast and Furious Share172 posted at 9:49 pm on July 11, 2011 by Allahpundit printer-friendly Via our Townhall cousin Katie Pavlich, who makes an important distinction that’s occasionally been overlooked in all the Gunrunner/Fast and Furious coverage. Namely, they’re not the same program. Gunrunner is the ATF’s umbrella operation for selling guns to straw purchasers and then immediately busting them; F&F is the op that let those purchasers walk them across the border, where they ended up in the possession of cartels. It is true that Holder acknowledged the existence of Gunrunner in a 2009 speech in Mexico, but as Mike Riggs of Reason points out, there’s no evidence — yet — that Holder authorized or even knew about Fast and Furious. To the contrary: DOJ Spokesperson Tracy Schmaler said in an email today that it was inaccurate to conflate the two programs. “Holder said he became aware of the ATF agents concerns about certain tactics used in Fast and Furious earlier this year. That’s when he asked the IG to investigate those concerns,” she emailed today. “That’s different than knowing there are enforcement efforts along the SW border to stop illegal gun trafficking. The department has several agencies working on those efforts including ATF, FBI, DEA, Marshals.”… There’s also the word of Acting ATF Director Ken Melson, who told [the House Oversight Committee] last week that Holder had no knowledge of Fast and Furious. The entire transcript from that hearing has not been released, but according to the Washington Post, “people familiar with [the hearing] said that [Melson] indicated that Attorney General Eric H. Holder Jr. did not know about [Fast and Furious], that it would be unusual for other Justice Department officials in Washington to know the details and that the U.S. attorney’s office in Phoenix was overseeing the program.” Verrry curious that the DOJ would be so reluctant to let Melson testify before Congress, in that case, but then that’s part of the reason for a special prosecutor. Why the curious reluctance? Katie makes an interesting point too: In his April 2009 Mexico speech mentioning Gunrunner, Holder referred to a “major new effort” the ATF had launched the week before to “break the backs of the cartels.” Was that an obscure reference to Fast and Furious? From what I can tell, the program didn’t launch until the fall of 2009, but Katie claims it started in April, which means it could be the program Holder was referring to. Sure would be nice to have someone get to the bottom of this without the stonewalling that Issa has encountered. Meanwhile, here’s the feds’ attempt to do damage control: Gun shops in four border states will now be required to report multiple purchases of certain types of rifles in a five-day span. The ATF screwed up in Fast and Furious, and so now lawful gun buyers have to be tracked more closely. Okay then. hotair.com