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

To: THE WATSONYOUTH who wrote (622238)	7/31/2011 12:28:47 AM
From: Tenchusatsu	3 Recommendations Respond to of 1578731

TWY, > None of this discussion would have even taken place but FOR the tea party. Exactly. Liberals like Alghieri are just hoping the Tea Party will go away so that the Democrats can go back to their usual tax-n-spend "stimulus." Tenchusatsu

To: THE WATSONYOUTH who wrote (622238)	7/31/2011 2:50:53 AM
From: i-node	Respond to of 1578731

>> None of this discussion would have even taken place but FOR the tea party. Exactly right, and this is the key takeaway from this entire incident. From here on out, increasing the debt ceiling is going to be a fight. And every time, we're going to get cuts, as long as there is any conservative voice in DC. Of course, when the hangers-on realize some of their freebies are being taken away -- even in an effort to save the economic future of the nation -- it will become more and more difficult for conservatives to stay put. The future of this country looks rough. Particularly, when one realizes the 14 Trillion is a FRACTION of the debt. Bill Gross pointed this out on CNN today -- that by any reasonable measure we are 75 Trillion -- NOT 15 -- in debt. And he pointed out there are at least 15 other countries whose debt is a better buy than that of the US today because we should already be rated lower and thus paying higher rates of interest. He also pointed out, correctly, that the downgrades are going to happen NO MATTER WHAT -- it is a question of when.

To: THE WATSONYOUTH who wrote (622238)	7/31/2011 8:44:37 AM
From: Alighieri	1 Recommendation Read Replies (1) \| Respond to of 1578731

Are you in favor of any form of a balanced budget amendment that caps annual spending to some % of GDP? I agree with much of what you say here as do most Americans and I am in favor of measures that cap spending...I want a well reasoned and informed debate of where the cuts are made and I am not sure if a constitutional amendment is the ideal solution...i need to better understand the pros and cons... I will say this...I am very concerned with a process that ignores the economic reality of the nation and that blindly and indiscriminately sacrifices hard won social progress...I am very concerned about the fairness of taxation and of the unprecedented wealth gap that has developed in the country....I don't like a lot of what I hear from the right relative to these things, nor what they say about the environment, science, education, and regulation...abolishing the EPA, education department, financial regulatory agencies, etc...all sounds very ignorant and regressive to me and promise to create a country I would not be proud to live in. If not.......again, there is no basis for discussion between us ....we are both just wasting our time and I'd rather further my cause elsewhere. This seems to support the approach of the right these days...it's my way or I take my ball home. Feel free to do that btw... None of this discussion would have even taken place but FOR the tea party... This will become the next great republican con job...it conveniently omits the fact that a balanced budget had been achieved during the last two years of the Clinton administration, that much of the debt on the books that is being blamed on obama is momentum from the policies that followed and that, had we continued to exercise responsible tactical fiscal management, the country could have focused its attention on the strategic problem of reforming social programs...just imagine a country today with a debt of less than $6T, which is where we'd be if not for unaffordable tax cuts, unnecessary wars and unfunded social programs...the conversation would be very different....I still scratch my head at a party that makes a platform of berating social programs and then passes Part D without even an effort to pay for it...that all in the backdrop of dire projections for medicare shortfalls....it's mind boggling... Al