Bay 12 Games Forum

Please login or register.

Login with username, password and session length
Advanced search  
Pages: 1 ... 22 23 [24] 25 26 ... 39

Author Topic: The debt ceilling  (Read 40283 times)

Leafsnail

  • Bay Watcher
  • A single snail can make a world go extinct.
    • View Profile
Re: The debt ceilling
« Reply #345 on: August 02, 2011, 04:33:38 pm »

...But how exactly was it "shot down by his own party" when only 2 of his senators and every Republican senator except one voted against it?  Surely that would be "blocked by the opposition party".
Logged

Heron TSG

  • Bay Watcher
  • The Seal Goddess
    • View Profile
Re: The debt ceilling
« Reply #346 on: August 02, 2011, 04:39:55 pm »

Well, the protest went fairly well, I suppose. Our local (R) representative got asked a whole lot of questions that she couldn't really answer. I think she was hoping the crowd greeting her at her office was there to congratulate her.

I think the worst part is that she did nothing actively on the issue other than simply voting. No recommendations, no theories, no comments, nothing. She sat there and voted with her party the entire time. Way to represent our state, lady.
Logged

Est Sularus Oth Mithas
The Artist Formerly Known as Barbarossa TSG

nenjin

  • Bay Watcher
  • Inscrubtable Exhortations of the Soul
    • View Profile
Re: The debt ceilling
« Reply #347 on: August 02, 2011, 04:44:58 pm »

Quote
That's practically spending twice as fast. Democrats had control of the purse strings for years and years, and every time the debt limit came up they asked for a bigger line of credit without any attempt to slow down their spending. So if you're concerned the party that had control of congress, and so the budget, for the last four years or so might be blamed for a financial crisis occuring you should have raised that consideration back in 2007 when your party took legislative power. You are now reaping what you've sown.

Let's see...

-Who reduced everyone's taxes so the government lost massive revenues, and then tried to make anyone repealing those tax breaks any enemy of the middle class and business?

-Who made our primary GDP increases contingent on a war economy?

-Who inflated our military budget in the first place, and signed us up for two wars that as a nation we're publicly committed to seeing through whether we want to or not?

-Who left office with the economy at its lowest point up to that date and handed off responsibility for fixing it?

We're reaping what was sown alright. You just seem to act like that last gardener doesn't have to account at all for the way he left the garden littered with stink bulbs.
Logged
Cautivo del Milagro seamos, Penitente.
Quote from: Viktor Frankl
When we are no longer able to change a situation, we are challenged to change ourselves.
Quote from: Sindain
Its kinda silly to complain that a friendly NPC isn't a well designed boss fight.
Quote from: Eric Blank
How will I cheese now assholes?
Quote from: MrRoboto75
Always spaghetti, never forghetti

Phmcw

  • Bay Watcher
  • Damn max 500 characters
    • View Profile
Re: The debt ceilling
« Reply #348 on: August 02, 2011, 04:47:00 pm »

Quote
Democrats had control of the purse strings for years and years, and every time the debt limit came up they asked for a bigger line of credit without any attempt to slow down their spending. So if you're concerned the party that had control of congress, and so the budget, for the last four years or so might be blamed for a financial crisis occuring you should have raised that consideration back in 2007 when your party took legislative power. You are now reaping what you've sown..
You're seeing exactly what you want : Whenever the president is rep. the debt grow. Clinton had it lowered. Bush raised it again and everyone knew that the economy was fucked beyond repairs when Obama won the election.
Logged
Quote from: toady

In bug news, the zombies in a necromancer's tower became suspicious after the necromancer failed to age and he fled into the hills.

ed boy

  • Bay Watcher
    • View Profile
Re: The debt ceilling
« Reply #349 on: August 02, 2011, 04:58:12 pm »

Worse, when young people did protest in the UK, it was just slapped down. Newspapers were just full of articles about lazy, entitled youth and how it shouldn't have been allowed, then focused solely on the actions of a small fringe of anarchist nutters.

Woo ageing populations. Dem kids etc.
The reason why the newspapers called the youths lazy and entitles is because they were.

The government is still subsidizing university education a huge amount, even with the increased fees. The problem is, the UK has a university enrolment rate far higher than most other countries. Although countries with a university enrolment rate of around 20% of people are able to fund universities for free, the UK spent a long time with a target of 50% of people going to university. The government, by reducing funding, managed to save roughly £12.5 billion per year. The increased limit of fees allows universities to more than make up for the funding lost.
Logged

Nadaka

  • Bay Watcher
    • View Profile
    • http://www.nadaka.us
Re: The debt ceilling
« Reply #350 on: August 02, 2011, 04:59:26 pm »

It wasn't "people" screaming "fascist neo-feudalist" it was me. I also called them traitorous anti-Americans trying to end America. I should have also called them evil and terrorists.

I can only conclude that the difference is that I was addressing the agenda and the collective that endorses it rather than an individual.

You can call this reaping what we have sown, and you would be right. We have been weak and cowering, submitting to the will of those who would destroy this nation. We can stand by no longer and allow this to continue.

The simple fact is that this countries economy has been ruined by the republicans slashing taxes and spending billions to fill the coffers of the already wealthy and enact an authoritarian police state. The democrats spend billions trying to keep the people thrown underneath the cogs of that machine from being ground into dust, while ceding ground to empower the wealthy and continue the police state in a desperate attempt to stave off disaster. The liberal progressive policy is a balanced budget, with the social safety net supported by reasonable taxes and a government that does not oppress its people. They have not been allowed to pursue that policy by the right, and now we face oblivion.

I am a patriot, my agenda is clear. Raise the damn taxes, end class warfare, protect and save America.
Logged
Take me out to the black, tell them I ain't comin' back...
I don't care cause I'm still free, you can't take the sky from me...

I turned myself into a monster, to fight against the monsters of the world.

Lord Shonus

  • Bay Watcher
  • Angle of Death
    • View Profile
Re: The debt ceilling
« Reply #351 on: August 02, 2011, 05:07:28 pm »

On that note, and on somewhat topic, why do a lot of people I've heard from hold a grudge against Nancy Pelosi? I haven't heard much about her so I am curious. She was one of the people they featured on the news the most when I was watching it earlier today and yesterday. I didn't see a huge problem.

A huge, effectively universal part of politics involves piling as much manure on your opponents as possible. Because it's critical to flip the fringe members of the opposition party to your banner, it is usually not prudent for political leaders to pile that shit on everyone who identifies with the opposition party, but rather to try to make the opposition leaders look as bad as possible to disenchant those fringe voters, especially when a large number of those on the fringe are only in the opposition becuase your leaders screwed up so badly. Thus, Nancy Pelosi, being the Speaker of the House when the Democrats had control, thus makes a convenient target for the entirety of the shit that Republicans try to shovel on the Democrat's policies and initiatives, much how Bush and Boehner get most of the shit going in the other direction.
Logged
On Giant In the Playground and Something Awful I am Gnoman.
Man, ninja'd by a potentially inebriated Lord Shonus. I was gonna say to burn it.

nenjin

  • Bay Watcher
  • Inscrubtable Exhortations of the Soul
    • View Profile
Re: The debt ceilling
« Reply #352 on: August 02, 2011, 05:10:53 pm »

That and like all politicians, she talked a good game at the start but didn't really deliver as speaker. It was under her that Democrats basically got nothing done. And while you can always blame Republican opposition for that, many Dems and voters took her to task for not being aggressive enough or for not wanting to repeat Republican performances even when maybe she should have.
Logged
Cautivo del Milagro seamos, Penitente.
Quote from: Viktor Frankl
When we are no longer able to change a situation, we are challenged to change ourselves.
Quote from: Sindain
Its kinda silly to complain that a friendly NPC isn't a well designed boss fight.
Quote from: Eric Blank
How will I cheese now assholes?
Quote from: MrRoboto75
Always spaghetti, never forghetti

Glowcat

  • Bay Watcher
    • View Profile
Re: The debt ceilling
« Reply #353 on: August 02, 2011, 05:20:47 pm »

That and like all politicians, she talked a good game at the start but didn't really deliver as speaker. It was under her that Democrats basically got nothing done. And while you can always blame Republican opposition for that, many Dems and voters took her to task for not being aggressive enough or for not wanting to repeat Republican performances even when maybe she should have.

Wait... what? I seem to remember Nancy Pelosi's House being one of the most productive sessions in history. The problem was the Senate bottleneck.
Logged
Totally a weretrain. Very much trains!
I'm going to steamroll this house.

nenjin

  • Bay Watcher
  • Inscrubtable Exhortations of the Soul
    • View Profile
Re: The debt ceilling
« Reply #354 on: August 02, 2011, 05:27:38 pm »

I'm not claiming perfect memory, or the willingness to go read Wikipedia atm :P
Logged
Cautivo del Milagro seamos, Penitente.
Quote from: Viktor Frankl
When we are no longer able to change a situation, we are challenged to change ourselves.
Quote from: Sindain
Its kinda silly to complain that a friendly NPC isn't a well designed boss fight.
Quote from: Eric Blank
How will I cheese now assholes?
Quote from: MrRoboto75
Always spaghetti, never forghetti

Glowcat

  • Bay Watcher
    • View Profile
Re: The debt ceilling
« Reply #355 on: August 02, 2011, 05:30:56 pm »

I'm not claiming perfect memory, or the willingness to go read Wikipedia atm :P

Well, I seem to remember a Maddow segment going over the impressive number of bills which got passed through the House, and I also remember the furor over how much the Senate Republicans/Conservatives were abusing filibusters.
Logged
Totally a weretrain. Very much trains!
I'm going to steamroll this house.

nenjin

  • Bay Watcher
  • Inscrubtable Exhortations of the Soul
    • View Profile
Re: The debt ceilling
« Reply #356 on: August 02, 2011, 05:38:04 pm »

Ok I lied, I do have the will to go to Wikipedia:


http://en.wikipedia.org/wiki/111th_United_States_Congress

And the 110th for good measure:
http://en.wikipedia.org/wiki/110th_United_States_Congress

Spoiler: 110th Congress passed (click to show/hide)

The 111th did pass an impressive amount of legislation compared to previous Senates, so maybe I'm misremembering this one. Although I do recall some dems wanting her to pursue healthcare legislation more aggressively than she did, because the President wanted bi-partisan agreement on it and the Republicans weren't going to give it easily.

I'm sure if I go to the Daily Show archives there's other stuff that made her less than popular that I've forgotten about.
Logged
Cautivo del Milagro seamos, Penitente.
Quote from: Viktor Frankl
When we are no longer able to change a situation, we are challenged to change ourselves.
Quote from: Sindain
Its kinda silly to complain that a friendly NPC isn't a well designed boss fight.
Quote from: Eric Blank
How will I cheese now assholes?
Quote from: MrRoboto75
Always spaghetti, never forghetti

Aqizzar

  • Bay Watcher
  • There is no 'U'.
    • View Profile
Re: The debt ceilling
« Reply #357 on: August 02, 2011, 05:43:10 pm »

I've seen the same numbers, but I don't know how they're supposed to be added up.  The House of Representatives passes bills all the time, because they have no cloture rules and only need a straight majority to pass anything.  Especially if the government is divided, they get to pass assloads of ridiculous bills secure in the knowledge that none of them will go into effect.  So you're only supposed to count the stuff that gets signed by the President, which includes tons and tons of internal changes and spending measures.  Bear in mind that the Wikipedia list only has actual laws that somebody felt like adding to the page.

As I recall, the numbers were something like 300 bills each passed into law by the 110th and 111th Congresses.  Including this debt ceiling package, Boehner's 112th Congress has in six months passed about 13 things into law.  Note that most conservatives don't consider this a meaningful argument or response of any kind - they will readily and in same breath complain about a "do nothing Congress" (regardless of what it's actually doing) while insisting they want their government to "do" as little as possible.
Logged
And here is where my beef pops up like a looming awkward boner.
Please amplify your relaxed states.
Quote from: PTTG??
The ancients built these quote pyramids to forever store vast quantities of rage.

nenjin

  • Bay Watcher
  • Inscrubtable Exhortations of the Soul
    • View Profile
Re: The debt ceilling
« Reply #358 on: August 02, 2011, 07:42:39 pm »

http://money.cnn.com/2011/08/02/news/economy/moodys_credit_rating/index.htm?hpt=hp_t1

Moody's et. al affirmed the US's AAA Credit Rating today. They changed their ratings outlook for the US to "negative", signaling the possibility of lowering our rating based on future events or our government's failure in the future to hold to their financial reform plan.

So it's back to business as usual, for now. Markets suffered their worst 8-day losing streak since 2008 because of this, confidence in government is shaken, we as tax payers spent about $2 billion+ on interest rate payments that fluctuated and our credit prospects are less stable than they were before the debt ceiling debate.

God bless America.
Logged
Cautivo del Milagro seamos, Penitente.
Quote from: Viktor Frankl
When we are no longer able to change a situation, we are challenged to change ourselves.
Quote from: Sindain
Its kinda silly to complain that a friendly NPC isn't a well designed boss fight.
Quote from: Eric Blank
How will I cheese now assholes?
Quote from: MrRoboto75
Always spaghetti, never forghetti

Nadaka

  • Bay Watcher
    • View Profile
    • http://www.nadaka.us
Re: The debt ceilling
« Reply #359 on: August 02, 2011, 07:55:12 pm »

Plus the FAA is shut down during the congressional holiday costing 25 million a day in uncollected tax revenues.
Logged
Take me out to the black, tell them I ain't comin' back...
I don't care cause I'm still free, you can't take the sky from me...

I turned myself into a monster, to fight against the monsters of the world.
Pages: 1 ... 22 23 [24] 25 26 ... 39