SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (104835)11/26/2011 10:29:22 PM
From: puborectalis  Read Replies (1) | Respond to of 149317
 
GOP Leaders Voted For Three Of The Biggest Debt Drivers, Costing $3.4 TrillionBy Alex Seitz-Wald on Jul 26, 2011 at 11:30 am

GOP leaders stuck to their talking points last night in responding to President Obama’s speech on the debt ceiling, accusing him of the “ largest spending binge in American history,” as Speaker John Boehner (R-OH) said in remarks following the president’s. “[T]he President and his party continued to make demands which we cannot meet,” House Majority Leader Eric Cantor (R-VA) said yesterday, adding that Obama is demanding “ a blank check to keep spending.”

But Boehner and Cantor, along with Senate Majority Leader Mitch McConnell (R-KY) and House Budget Chairman Paul Ryan (R-WI) have all voted for some of the biggest contributors to the debt — the wars in Afghanistan and Iraq, the Bush tax cuts, and President Bush’s Medicare prescription drug plan — which helped to double the debt over the past decade:

Together, a Bloomberg News analysis shows, these initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion. [...]

“There’s plenty of blame to go around,” for the debt, said Robert Bixby, executive director of the Concord Coalition, an Arlington, Virginia-based group that advocates for balanced budgets. “If there had been no Barack Obama, we would still be bumping up against the debt limit.’”

The analysis shows the wars have cost $1.3 trillion since 9/11, the Bush tax cuts cost $1.7 trillion in lost revenue over a decade, and Medicare Part D costs $369 billion over a decade. The recession has also been a major contributor to the debt.

Republicans are often willing acknowledge their party’s profligate ways under President Bush, but attempt to dismiss it as a something done by their predecessors. But this analysis shows that the very same people leading the GOP in Congress today helped contribute to the problem they are now blaming on anyone but themselves.



To: tejek who wrote (104835)11/27/2011 11:08:52 AM
From: RetiredNow  Read Replies (2) | Respond to of 149317
 
First of all, if you think Ron Paul is the typical GOP member, then you are ignorant. That's not an insult. That's just stating a fact. So go do your research and compare Ron Paul's opinions to those of the typical GOP member like Perry or Santorum or Bachmann. Then we can discuss Ron Paul's views.

Second, you say the GOP is more dangerous because they are aligned with corps and the rich. Have you had your head stuck in the sand recently? The Democrats have proven they are EXACTLY like the GOP when it comes to aligning themselves with the corps and the rich. Hell, you personally have aligned yourself with the Too Big Too Fail banks and believe they should be bailed out no matter what criminals acts they've committed.

So you are in no position to bitch about the alignment of the GOP with the corps and the rich, because you are one of them.