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

To: Jim McMannis who wrote (620515)	7/21/2011 5:21:38 PM
From: tejek	Read Replies (2) \| Respond to of 1584600

I think you've convinced yourself that you sit on the side of the angels. In truth, though, I think what you want is to not pay any taxes.......period. And that's motivated more by greed/self atruism than by an angelic power. What I also see is that the GOP only seems to appreciate fiscal responsibility when there is a Dem in the WH. And for that reason, I trust nothing of what they are doing currently. Ted, I don't think you realize the cuts and tax loopholes closed that would be needed to set us back on the fiscally straight road. SImply, it's not going to happen. So they kick the can down the road... Look at the Obama tax cuts for instance. They expire AFTER the next election. Just political crap. We need term limitations for one thing. You hope the R's BK the country so the D's can continue to Bankrupt it. That's just plain stupid and you know it.

To: Jim McMannis who wrote (620515)	7/22/2011 11:21:26 AM
From: tejek	Read Replies (1) \| Respond to of 1584600

Boehner feeling the heat House Speaker John Boehner (R-Ohio) held a press conference this morning, and was peppered with questions about the debt-ceiling process. He didn’t offer much in the way of substance, but the Speaker did raise his voice before storming off. “We have a spending problem! Somebody’s gotta get serious about cutting spending! Our friends across the aisle aren’t at all serious about doing what the American people are demanding: spend less. Bye!” I can understand why Boehner is starting to lose his cool a bit. His caucus is poised to crash the economy and his job is likely on the line. But just for the heck of it, let’s take a moment to fact-check this. First, we don’t really have a “spending problem.” We have what grown-ups and people who are good at arithmetic like to call a “ revenue problem.” In fact, federal revenues have dropped to 15% — a 50-year low — and is a driving factor behind the deficit Republicans created and now pretend to care about. Second, the “American people” are really “demanding” that policymakers spend less. What they’re actually demanding is a balanced approach that cuts spending and increases revenue. We know this to be true, because the American people have been asked about this many, many times. Here’s a chart I put together that even House Republicans should be able to understand. And third, “somebody’s gotta get serious about cutting spending”? Actually, somebody’s gotta get serious about raising the debt ceiling so the nation can pay its bills. As one prominent official recently explained, failure on this issue “would be a financial disaster, not only for us, but for the worldwide economy. I don’t think it’s a question that’s even on the table.” The official, of course, was John Boehner