Showing posts with label debt ceiling. Show all posts
Showing posts with label debt ceiling. Show all posts

Friday, January 6, 2012

What Does Obama's Troop Draw Down Really Mean?

Obama to reduce the size of the military:
After the wars in Iraq and Afghanistan that defined the first decade of the 21st century, Mr Obama's blueprint for the military's future acknowledged that America will no longer have the resources to conduct two such major operations simultaneously.
Instead, the US military will lose up to half a million troops and will focus on countering terrorism and meeting the new challenges of an emergent Asia dominated by China. America, the President said, was "turning the page on a decade of war" and now faced "a moment of transition". The country's armed forces would in future be leaner but, Mr Obama pointedly warned both friends and foes, sufficient to preserve US military superiority over any rival – "agile, flexible and ready for the full range of contingencies and threats".
Obama is trying to accomplish 2 things with this draw down.

1.) This is a ploy by Obama to manipulate the next debt ceiling debate.He will argue that if Republicans want a strong a military,they will have to pay for it and raise the debt ceiling.

2.) In the future it is going to become harder and harder to fill the ranks with new recruits,because we now allow homosexuals to serve openly in the military.Instead of dealing with the problem,that most people don't want the homosexual lifestyle shoved down their throats,they are just going to reduce their quota for troops.

Thursday, September 1, 2011

Obama Bows To Boehner's Wishes

Via Michelle Malkin,photo shop credit: Roger B.Add caption
From Sweetness & Light:
President Barack Obama has acceded to House Speaker John Boehner’s wishes
I have just one question.Where was this John Boehner,a month ago,when he and the rest of the Republicans caved and increased our debt limit?Well,lets make it 2 questions.Why does Speaker Boehner feel the need to stand up to Obama over a political debate ,that doesn't matter,that only polictal junkies will watch any way and not stand up to him over bringing our fiscal house in order,which our whole national survival depends?What kind of @$$-backwards logic is that?Sorry,that was 3 questions. :p

Monday, August 1, 2011

Michelle Bachmann:"We Embrace Being Greece"

From a previous post,America,Behold Your Future,I wrote,to qoute myself,in reference to Greece;
This will be us very soon,if we don't get our fiscal house in order,now.

That future is now!

Michelle Bachmann;



If Sarah Palin doesn't jump into the race soon,I may be soon supporting Michelle Bachmann for POTUS.

Friday, July 29, 2011

We Know What To Do,We Just Lack The Will To Do What Is Right!

From Punditt & Pundette;
Call me cynical but I don't think it matters much either way. Trying to stanch a hemorrhage with a pinky-sized bandaid won't prevent the inevitable bleed-out. Most Americans are either oblivious to the fiscal mess we're in or panicked by Obama and the liberal media into the view that their intransigent representatives need to hurry up and "fix" this with more borrowing. What's clear is that we -- Congress and most Americans -- lack the will to deal with it in any significant way.

We can blame Obama,John Boehner,or any other politician all we want to,but at the end of the day this whole mess-this massive hole of debt we are in- is all our fault-We The People's fault.The American people always get what we want and the truth be told we want big government no matter how bad its crushing our economy.We may rail against it,but when it comes time to do something about it,we hem and haw and do very little to reduce the size of government,because we embrace security over liberty.

That's where the real debate is isn't it,between liberty and security.Would you rather be free,governing yourself,answering only to God and your family,or would you rather feel safe and secure,letting a government handle all the unpleasant things in life,making all those difficult decisions for you?We have chosen security,but security comes with a price,your liberty.

Wednesday, July 27, 2011

The Boat Is Sinking...............

The boat is sinking.We have and are taking on too much debt.We should be bailing water-cutting the budget- but are leaders in Washington are debating on how much to enlarge the hole in the bottom of the boat to take on more debt,because only in Washington Bizzarro World is the solution for existing debt is to add on more debt on top of that debt.

From The Market Ticker;

 


  • S&P says it must be FOUR TRILLION.  Four is greater than two - by 100%.



  • Therefore, no matter what sort of crap the Democrats spew, until and unless they put a credible plan on the table that achieves four trillion in actual deficit reduction neither party is serious.
    No, this is not a pass for the Republicans.  They haven't put forward a credible plan either.
    The fact of the matter is that both parties are well-aware that addressing the problem will cause an immediate contraction in GDP.  If you get rid of deficit spending it's an immediate 12%+ hit.  If you cut in half it's 6%. 
    Pick one - there's no resolution that actually fixes the problem and avoids this.
    Either come up with a $4+ trillion plan which is still going to produce a monstrous amount of damage and will only extend the time before we blow up - not fix it - or shut up and go home.
    The markets are done with the bullcrap - they know the Democrats and Republicans are lying and they're not going to believe either of you any more.  Either cut it out Reid - and Boehner - or watch the markets crash and, once the downgrades come, you will risk getting too close to the critical point in the gravity well at which point disaster is inevitable.  
    Buy Gold! Pretty soon our money wont be fit to wipe our own @$$ with.

     
  • Saturday, July 16, 2011

    "The Great Charade"

    From Mark Steyn;
    But in essence the spenders are negotiating among themselves how much debt they’re going to burden you with. It’s like you and your missus announcing you’ve set your new credit limit at $1.3 million, and then telling the bank to send demands for repayment to Mr. and Mrs. Smith’s kindergartner next door.
    Nothing good is going to come from these ludicrously protracted negotiations over laughably meaningless accounting sleights-of-hand scheduled to kick in circa 2020. All the charade does is confirm to prudent analysts around the world that the depraved ruling class of the United States cannot self-correct, and, indeed, has no desire to.
    The more these "negotiations" go on,the more depressed I become-with the exception of a few,their is absolutely NO ONE in Washington willing to do the right thing and reduce the size of our already bloated Federal government.Everyone seems to have accepted that the only course is to extend our already over-extended debt ceiling,only in Washington is adding more debt the answer to existing debt.

    America is in the car with leaders at the wheel on a LSD trip,everyone knows we are headed for a cliff that leads into the abyss at 100 mph,but those at the helm assure we can fly.We are doomed.

    Friday, July 15, 2011

    "Dear House Republicans, This is Your “Time For Choosing”

    Via Red State;

    Dear House Republicans,
    In the election of 2010, voters sent you to Washington to do two things: (1) End Obamacare and (2) pull us back from the brink of financial ruin.
    You have failed at the first task. Obamacare remains. You never even seriously attempted to restrain its funding or implementation. Heck, you haven’t even saved the incandescent lightbulb.
    Will you now fail at the second task too?
    If you cave, fold, or compromise on the President’s terms, you will have failed in both your missions. If you support Mitch McConnell’s plan, you will have decisively failed.
    Now is a time for choosing. Now is your time for choosing.As I pointed out to John Boehner yesterday, despite what the pundits in Washington are telling you, it is you and not Obama who hold most of the cards. Obama has a legacy to worry about. Should the United States lose its bond rating, it will be called the “Obama Depression”. Congress does not get pinned with this stuff.
    But there are a few points that you need to understand.
    First, as the hours go on, the doom and gloom scenarios are going to get worse. By the end of July, Goldman Sachs, Ben Bernanke, and Timmy Geithner are going to tell you the world will end unless you raise the debt ceiling.
    They did it with TARP too.
    And now we know that the amount of money used in TARP was far less than allocated and a lot of the TARP situation involved Hank Paulson forcing solvent banks to play along. Oh, and a great many Republicans were primaried out of office.
    Do not believe the doom and gloom. Wise decisions are never made when premised on fear.
    Second, understand that the pundits and talking heads people expect you to listen to probably have it wrong. Remember, in 2010, they told you that if you kept being the Party of No, you’d lose. And yet . . .
    As I’ve said repeatedly, the pundits and chattering class in Washington have a bias far greater than their liberal one — it is a good government bias. They believe Republicans and Democrats should come together and do grand bargains. Evil and stupid come together and do something evil and stupid. The press heralds it as bipartisanship at its finest, damn the results. We’ve been doing these grand bargains for years. Remember the last time we had a balanced budget in DC? That was at $5 trillion in national debt and no one bothered to read the fine print that the “balance” was actually based on a 10 year Congressional Budget Office projection.
    Likewise, the pundits with a good government bias for some reason tend to ignore the Democrats’ problems. In 2010, the media told us you beat the Democrats because the Democrats got their message wrong, not their policy. We know the truth. But we also know that the Democrats were willing to lose to advance socialism. Are you willing to lose to advance freedom?
    Finally, and here is my big point — you have to win this fight. If you do not win this fight, there will be no more chances to turn back government. Why? Because President Obama is holding senior citizens hostage with their social security checks.
    If the President can force your hand by using entitlements as a lever to punish the American people if you don’t do as he wants, you will have established this as a precedent. From here on out, if you lose this fight, every time you balk at expanding government, social security checks will be withheld, medicare payments will be withheld, and in just a few short years, surgeries will be cancelled, vaccinations withheld, and hospitals shuttered.
    It will all be because if you lose this fight now, the Democrats will know for certain from here on out that they can use withholding entitlements as a tool to force your hand.
    You must win this fight. You must show you are not afraid. When Ben Bernanke brings the Grim Reaper in on August 1st to tell you we are all going to die, you must mock death and choose life — not bipartisan compromises that will keep growing government and ever more rapidly turn this nation into a third class banana republic. In short, you must hold the freaking line!
    Now, some of you, if you have read this far, are saying, “But in 1995, the Republicans got blamed for shutting down the government.” They did. But that’s because Americans detest losers. And Newt Gingrich and Bob Dole threw in the towel instead of fighting. Their will broke. They did not break the President’s will. Of course, the next year the GOP still only lost 9 House seats and actually gained Senate seats. Imagine what would have happened had they broken the President’s will.
    House Republicans, this is a time for choosing: Do you choose to be more courageous than the Democrats who were willing to risk defeat to advance socialism? Is keeping your job more important to you than saving the country? If so, the odds are you will both lose your job and lose your country.
    This is a time for choosing. Choose wisely.
    If the GOP caves and folds-as I think they will- me-thinks it will be time for a new political party for conservatives to call home.

    Wednesday, July 13, 2011

    Obama Has Taken Hostages In Debt Ceiling Talks

    The Thug in Chief has threatened to take America's senior citizens hostage,if he doesn't get his way in the debt crisis debate;

    President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.
    "I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News
    If the GOP had any guts-don't worry they,they don't- they would call Mr.Obama's bluff,and raise him in more spending cuts.More likely though,Boehener and McConnell will cave and give Obama his tax increases with no spending cuts while extending our debt limit putting us further into the abyss.