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(Politico)   Reid vs. McConnell. This is the fight of the century. A knockdown drag out between the Old Man and the Turtle. This is your official Sunday GOV Showdown. Let's get ready to HUMBLE   (politico.com) divider line 177
    More: Followup, Mitch McConnell, Minority Leader Mitch McConnell, obama, rollbacks, Alternative Minimum Tax, minority leaders, turtles, senate democrats  
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2913 clicks; posted to Politics » on 30 Dec 2012 at 3:30 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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Archived thread
 
2012-12-30 01:11:22 PM
www.theboxinggem.com

McConnell, you'll play the part of Rex Lancaster.
 
2012-12-30 01:36:38 PM
This will be Obama's Waterloo!  Again!
 
2012-12-30 01:50:37 PM

Mentat: This will be Obama's Waterloo!  Again!


Waterloo II: Electric Boogaloo!

/oblig
 
2012-12-30 01:54:46 PM

Mentat: This will be Obama's Waterloo!  Again!


and again

so they are not going to raise the debt limit and they are not going to fark with the cuts, but they are going to play with who gets a tax cut?

WHY would the dems compromise on this???
The original sequester plan WAS the compromise. (Compromise is the deal that no one wants, NOT the deal that the GOP will be happy with.)
I REALLY hope the DEMS hold firm on this.
 
2012-12-30 01:57:20 PM
If McConnell or Republicans did filibuster the Reid plan, it would allow Democrats to blame GOP leadership for blocking a resolution to the fiscal cliff.

Just do this and be done already. WHAT is it with all the farking around?
You KNOW that the GOP wont deal, so FARK THEM.
 
2012-12-30 02:45:52 PM
What's all this then?
 
2012-12-30 02:49:05 PM
Let's just pretend headline was submitted with TUMBLE, as in off the cliff.
 
2012-12-30 02:50:28 PM
 
2012-12-30 03:00:25 PM
Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.
 
2012-12-30 03:35:53 PM
This article is 2 hours old. It's already past the 3pm deadline.
 
2012-12-30 03:43:09 PM
Republicans should quit crying and pull themselves up by their bootstraps.
 
2012-12-30 03:47:12 PM
Bless the GOP's sweet heart.
 
2012-12-30 03:52:24 PM

nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.


The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.
 
2012-12-30 03:57:24 PM
What's "GOV"? Mispelled "GOP"? Or "Gov"?

"Gov" is a little less clear, it's usually not in all-caps, plus most of the time it means "Governor" ...
 
2012-12-30 04:01:57 PM
Put them on commission.
 
2012-12-30 04:03:04 PM
Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.
 
2012-12-30 04:04:47 PM
If the defense and safety net cuts are off the table and there is no debt ceiling crap...what the hell is there to compromise on?

Why would the democrats agree to full renewal of the Bush tax cuts if there is nothing for them to gain?

The GOP can agree to raise the rates for the top two/three tax brackets, or they can stuff it.
 
2012-12-30 04:06:45 PM
What would John Galt do, motherfarkers!
 
2012-12-30 04:09:39 PM

Sergio_Van_Lukenstein: Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.


lubeupgop.com
 
2012-12-30 04:10:05 PM
Regardless of what side you support, it has been a long farking time since Mitch McConnell out maneuvered Harry Reid.
 
2012-12-30 04:10:22 PM
Seize the money.
 
2012-12-30 04:10:47 PM
26.media.tumblr.com
 
2012-12-30 04:12:18 PM
Apparently negotiations in the Senate have ground to a halt.

Less than 36 hours before the new year, when the Bush tax cuts are scheduled to expire, budget negotiations on Capitol Hill ground to a halt, and an increasingly restless Mitch McConnell - the Senate Minority Leader - enlisted the help of Vice President Joe Biden to resolve the remaining differences between Democrats and Republicans over whether and how to avoid the fiscal cliff.

McConnell's gesture suggests a desire to avoid an uncomfortable New Year's Eve conundrum. If he and Biden come up empty, Senate Majority Leader Harry Reid has pledged to introduce legislation that would extend the Bush tax cuts for income up to $250,000, extend emergency unemployment benefits and protect millions of middle class taxpayers from having to pay the Alternative Minimum Tax. McConnell and Senate Republicans would then have to decide whether to mount a filibuster, and bear responsibility for the economic impact of across the board tax increases and spending cuts next year, or allow the legislation to pass on a majority rules basis, and pass the measure over to House Speaker John Boehner.

Negotiations broke down Sunday after McConnell pressed Reid to include in a year-end deal a provision that would re-index Social Security payments to a less generous measurement of inflation called chained CPI. Dems say including Social Security cuts in a deal that doesn't increase the debt limit is a non-starter.
 
2012-12-30 04:15:02 PM
GOP is against helping the disabled.
 
2012-12-30 04:17:37 PM

Autistic Hiker: Negotiations broke down Sunday after McConnell pressed Reid to include in a year-end deal a provision that would re-index Social Security payments to a less generous measurement of inflation called chained CPI. Dems say including Social Security cuts in a deal that doesn't increase the debt limit is a non-starter.


Wait...all of this stupid bullcrap and it still doesn't include an increase of the debt ceiling?

Seriously, fark all of this nonsense, the GOP needs to stop with their little BS games and act like grown adults for once in their sad miserable lives.
 
2012-12-30 04:18:32 PM

namatad: The original sequester plan WAS the compromise.


Seriously, wasn't it something they voted for? Something they helped create? Now they act like "OMG ITZ THE END OF THE USA WE'RE ALL GUNNA DIE BECAUSE OF OUR BROWN PRESIDENT!!!"

Christ... I'm bout ready to say fark it, let the sequester happen. They signed off on it how long ago, had how long to come up with a goddamn budget, and they still don't have one? Farking really? As a taxpayer, I have to ask, why are these assholes getting paid? They continuously fail to make a budget. If I had a job responsibility that included "making sure out finances are in order and ensuring we can pay the bills", and I fail to do so repeatedly, I'd be fired. Who the fark keeps going to the voting booth and saying "sure, let's keep these asshats in office and pay them six figure incomes so they can continue to not do their job"?
 
2012-12-30 04:19:45 PM

RoxtarRyan: namatad: The original sequester plan WAS the compromise.

Seriously, wasn't it something they voted for? Something they helped create? Now they act like "OMG ITZ THE END OF THE USA WE'RE ALL GUNNA DIE BECAUSE OF OUR BROWN PRESIDENT!!!"

Christ... I'm bout ready to say fark it, let the sequester happen. They signed off on it how long ago, had how long to come up with a goddamn budget, and they still don't have one? Farking really? As a taxpayer, I have to ask, why are these assholes getting paid? They continuously fail to make a budget. If I had a job responsibility that included "making sure out finances are in order and ensuring we can pay the bills", and I fail to do so repeatedly, I'd be fired. Who the fark keeps going to the voting booth and saying "sure, let's keep these asshats in office and pay them six figure incomes so they can continue to not do their job"?


*Slow clap*
 
2012-12-30 04:19:46 PM

RoxtarRyan: Who the fark keeps going to the voting booth and saying "sure, let's keep these asshats in office and pay them six figure incomes so they can continue to not do their job"?


Republicans. The common clay of the new West. You know. Morons.
 
2012-12-30 04:22:27 PM

RoxtarRyan: Who the fark keeps going to the voting booth and saying "sure, let's keep these asshats in office and pay them six figure incomes so they can continue to not do their job"?


well, see, you're under the impression that 'doing their job' is either legislating, leading, or even just maintaining the machine so it keeps running.

picture for a minute that the job description is instead 'spiting the libs'. then they get a check-plus-plus on their evaluation.

in other words, it's a damn near religious doctrine for a section of the populace that government is the problem, so sending people to do the job that are allergic to governing actually makes sense.
 
2012-12-30 04:22:41 PM
So all the defense cuts go into place, all of the Bush tax cuts evaporate and all the GOP gets in return is an opportunity to vote against reinstating the tax cuts for 98% of Americans if it means unemployed people get to eat and our credit rating isn't destroyed?

Did the GOP subcontract out the hiring of their chief negotiators to a mental institution or something?
 
2012-12-30 04:24:18 PM
img713.imageshack.us

For many months this has been the inevitable endgame following the ridiculous, self-inflicted wound the GOP orchestrated during the completely fabricated debt limit fight. They started a fight over literally nothing, they misled their supporters about what the debt limit even is, they got our credit rating downgraded and damaged the economy. And now, after getting taken to the cleaners during the last election, they are going to get kicked in the balls. We've known for a long time exactly how this is going to play out, but the GOP is so fractured and aimless that they couldn't do anything to stop it.
 
2012-12-30 04:24:29 PM
I'm hoping for a Thelma and Louise ending to the fiscal cliff

baltimorepostexaminer.com
/I want it to happen so damn badly
 
2012-12-30 04:26:09 PM

diaphoresis: I'm hoping for a Thelma and Louise ending to the fiscal cliff

[baltimorepostexaminer.com image 490x246]
/I want it to happen so damn badly


It'll happen, most likely, but instead of going off a cliff, imagine a slow slope that takes a full year to reach the bottom, and can be entirely overturned by retro-active legislation by the next congress.
 
2012-12-30 04:38:26 PM

BalugaJoe: GOP is against helping the disabled.


The gop is in favor of feeding the poor.

www.trbimg.com

They just won't say who to.
 
2012-12-30 04:44:04 PM

RoxtarRyan: namatad: The original sequester plan WAS the compromise.

Seriously, wasn't it something they voted for? Something they helped create? Now they act like "OMG ITZ THE END OF THE USA WE'RE ALL GUNNA DIE BECAUSE OF OUR BROWN PRESIDENT!!!"

Christ... I'm bout ready to say fark it, let the sequester happen. They signed off on it how long ago, had how long to come up with a goddamn budget, and they still don't have one? Farking really? As a taxpayer, I have to ask, why are these assholes getting paid? They continuously fail to make a budget. If I had a job responsibility that included "making sure out finances are in order and ensuring we can pay the bills", and I fail to do so repeatedly, I'd be fired. Who the fark keeps going to the voting booth and saying "sure, let's keep these asshats in office and pay them six figure incomes so they can continue to not do their job"?


I was thinking the first part earlier this week myself. Sooo...the legislation leading to the fiscal cliff was a horribly bad idea? Well, I guess we need to figure out who was responsible for it. Oh, the same morons that are always whining about everything? Fantastic.
 
2012-12-30 04:44:25 PM
Welcome everyone to the fight.

Tonight's ticket has Mitch "the Turtle" McConnell trying to put a hard shell of protection up against the man that knows how to hold'em, Harry "the Gambler" Reid!
 
2012-12-30 04:45:27 PM
Nothing will get accomplished besides posturing until after Jan 1st. I knew that this would be true as soon as someone pointed out that if the GOP waits for the tax cuts to expire, then they can simply vote for newer smaller tax cuts, which lets the government raise more revenue while the GOP can claim that they never voted for tax increases. That's the beauty of those sunset provisions, it gives them an out if taxes need to be raised without them having to worry about another "read my lips" moment.
 
2012-12-30 05:06:04 PM

Mad_Radhu: Nothing will get accomplished besides posturing until after Jan 1st. I knew that this would be true as soon as someone pointed out that if the GOP waits for the tax cuts to expire, then they can simply vote for newer smaller tax cuts, which lets the government raise more revenue while the GOP can claim that they never voted for tax increases. That's the beauty of those sunset provisions, it gives them an out if taxes need to be raised without them having to worry about another "read my lips" moment.


Problem with this is that they won't get to vote in tax cuts for their buddies, the 1%. Those are the guys who fund them and their crusade against America. If they let all the tax cuts expire they'll have to fight hard to get them back past Obama and that'll look incredibly bad to average voting Americans.
 
2012-12-30 05:09:47 PM

wax_on: Mad_Radhu: Nothing will get accomplished besides posturing until after Jan 1st. I knew that this would be true as soon as someone pointed out that if the GOP waits for the tax cuts to expire, then they can simply vote for newer smaller tax cuts, which lets the government raise more revenue while the GOP can claim that they never voted for tax increases. That's the beauty of those sunset provisions, it gives them an out if taxes need to be raised without them having to worry about another "read my lips" moment.

Problem with this is that they won't get to vote in tax cuts for their buddies, the 1%. Those are the guys who fund them and their crusade against America. If they let all the tax cuts expire they'll have to fight hard to get them back past Obama and that'll look incredibly bad to average voting Americans.


That really is the best part. Basically the GOP will have to kiss Obama's ring to get what Obama wants anyway.
 
2012-12-30 05:15:07 PM

Mad_Radhu: Nothing will get accomplished besides posturing until after Jan 1st. I knew that this would be true as soon as someone pointed out that if the GOP waits for the tax cuts to expire, then they can simply vote for newer smaller tax cuts, which lets the government raise more revenue while the GOP can claim that they never voted for tax increases. That's the beauty of those sunset provisions, it gives them an out if taxes need to be raised without them having to worry about another "read my lips" moment.


You are underestimating just how much the GOP wants to suck off the 1% (and just how much their voting base agrees with it)
 
2012-12-30 05:15:31 PM

Mad_Radhu: Nothing will get accomplished besides posturing until after Jan 1st. I knew that this would be true as soon as someone pointed out that if the GOP waits for the tax cuts to expire, then they can simply vote for newer smaller tax cuts, which lets the government raise more revenue while the GOP can claim that they never voted for tax increases. That's the beauty of those sunset provisions, it gives them an out if taxes need to be raised without them having to worry about another "read my lips" moment.


That still seems like a tough sell. It's not a given that the tax cuts will be reinstated, particulalry because it will give the President even more leverage to ask for a multi year raising of the debt ceiling to get them through and the GOP is clearly....well, insane.

Also, there are dairy subsidy issues at hand too (the so-called "dairy cliff") and no Republican wants to have moms pissed at them because a gallon of milk shoots to $9 while Congress is enjoying their New Year's parties.
 
2012-12-30 05:16:44 PM

namatad: If McConnell or Republicans did filibuster the Reid plan, it would allow Democrats to blame GOP leadership for blocking a resolution to the fiscal cliff.

Just do this and be done already. WHAT is it with all the farking around?
You KNOW that the GOP wont deal, so FARK THEM.


please, before you hurt yourself, consider that you are unaware of all the facts, this is why you're confused.
 
2012-12-30 05:33:50 PM

Notabunny: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.


the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.
 
2012-12-30 05:41:01 PM
The Republican party cannot be blamed for not planning for the current "fiscal cliff" situation. They did, in fact, have a sound strategy for handling it: have Mr. Mitt Romney elected President and have their party regain control of the Senate, which would then have allowed them to completely reverse all of the elements of the "cliff" that they found undesirable (such as the expiration of tax cuts for income brackets above $250,000 and cuts to defense spending) while retaining the elements that they found acceptable (such as expiration of tax cuts to income brackets below $250,000 and cuts to any social services). The voters of the United States then sabotaged this plan on November 6 by re-electing President Barack Obama and by allowing the Democrats to retain control of the Senate.

When Representative John Boehner stated that he received 98% of what their party wanted from the 2011 "debt ceiling" negotiations, it was predicated upon the assumption that President Obama would lose his re-election bid. As such, the fault of this current situation actually falls upon President Obama for having the poor judgment to be re-elected.
 
2012-12-30 05:44:10 PM

OneBrightMonkey: Also, there are dairy subsidy issues at hand too (the so-called "dairy cliff")


and some veterans bills and some other must have stuff. all put off to apply pressure to the fiscal side and now that it isn't all hell is going to break loose.

i live in LA and if i had the money i'd buy the state party email list and send each and everyone of them a snarky email.
 
2012-12-30 05:48:06 PM

Curious: the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.


He's saying if we go over the cliff we WON'T do that.
 
2012-12-30 05:51:20 PM
hell yeah! fark rich white people!
 
2012-12-30 05:53:25 PM

Dimensio: The Republican party cannot be blamed for not planning for the current "fiscal cliff" situation. They did, in fact, have a sound strategy for handling it: have Mr. Mitt Romney elected President and have their party regain control of the Senate, which would then have allowed them to completely reverse all of the elements of the "cliff" that they found undesirable (such as the expiration of tax cuts for income brackets above $250,000 and cuts to defense spending) while retaining the elements that they found acceptable (such as expiration of tax cuts to income brackets below $250,000 and cuts to any social services). The voters of the United States then sabotaged this plan on November 6 by re-electing President Barack Obama and by allowing the Democrats to retain control of the Senate.

When Representative John Boehner stated that he received 98% of what their party wanted from the 2011 "debt ceiling" negotiations, it was predicated upon the assumption that President Obama would lose his re-election bid. As such, the fault of this current situation actually falls upon President Obama for having the poor judgment to be re-elected.


The sad thing is that you're not far from the truth. They really did invest all of their political capital into Romney getting elected and the GOP taking back the Senate and now that they got neither, they're left hanging and looking like complete idiots.
 
2012-12-30 06:02:45 PM

BalugaJoe: GOP is against helping the disabled.


I dunno man, helping the disabled really farks with darwinism
 
2012-12-30 06:03:49 PM

Curious: OneBrightMonkey: Also, there are dairy subsidy issues at hand too (the so-called "dairy cliff")

and some veterans bills and some other must have stuff. all put off to apply pressure to the fiscal side and now that it isn't all hell is going to break loose.

i live in LA and if i had the money i'd buy the state party email list and send each and everyone of them a snarky email.


You reminded me...the Medicare Doc Fix still needs to be dealt with too or reimbursement rates drop like 25-30%.

And Geithner said we will reach our borrowing limit in about 24 hours.

At least once this is sorted out there's nothing contentious on the docket for 2013, like immigration reform and gun restrictions.
 
2012-12-30 06:10:12 PM

Dimensio: The Republican party cannot be blamed for not planning for the current "fiscal cliff" situation. They did, in fact, have a sound strategy for handling it: have Mr. Mitt Romney elected President and have their party regain control of the Senate...


Based on Romney's unwillingness to articulate a single spending cuts he would propose (except for cutting Big Bird) and Congressional Republican's inability to pass their own Plan B, I'm not even sure if they could have worked this out even if they had won.
 
2012-12-30 06:10:22 PM
I've got to admit that I've had a pretty good time over the last several months watching the GOP try to frame this debate on Old Media terms. Putting those dated tactics up against the tools of the information age and a Democratic contingent that isn't (entirely) spineless has worked pretty well to leave the GOP, metaphorically speaking, with their pants around their ankles in an airport bathroom. There is no escape. You can't untap the foot. There is no blow job. Obama, and in this case the general populace of America, wins again.

Maybe the GOP will wise up and stop defining themselves as the party of regressive ideals. Heh.
 
2012-12-30 06:11:02 PM
I don't care if we go over the fiscal cliff. All us Democrat libtards will still be getting our welfare. Democrats don't pay taxes and don't work. Derp.
 
2012-12-30 06:16:28 PM
It's been just like any fight from DBZ: long, drawn out, lots of talking, took much charging for attacks, and barely winning at the very last second.
 
2012-12-30 06:16:53 PM

RoxtarRyan: As a taxpayer, I have to ask, why are these assholes getting paid? They continuously fail to make a budget. If I had a job responsibility that included "making sure out finances are in order and ensuring we can pay the bills", and I fail to do so repeatedly, I'd be fired.


Some of these people HAVE been fired. They just haven't been escorted out of the building yet.
 
2012-12-30 06:17:17 PM

moothemagiccow: BalugaJoe: GOP is against helping the disabled.

I dunno man, helping the disabled really farks with darwinism


I think you may have misunderstood the mechanisms of natural selection.
 
2012-12-30 06:18:15 PM
My 401k would really appreciate it if you morons could work something out.  K thanks
 
2012-12-30 06:20:11 PM
hm...

Propain_az: hell yeah! fark rich white people!


"fark rich white people".

hmmm..

well, that explains what all the magazines in the grocery isle were trying to teach me! One mystery solved!
 
2012-12-30 06:21:31 PM
Frankly, I would be willing to pay more taxes if that's what it takes for the rich to pay their share.

/lib
 
2012-12-30 06:24:07 PM
www.history.com

vs.
assets.worldwildlife.org
 
2012-12-30 06:28:21 PM

inglixthemad: Welcome everyone to the fight.

Tonight's ticket has Mitch "the Turtle" McConnell trying to put a hard shell of protection up against the man that knows how to hold'em, Harry "the Gambler" Reid!


Two old wheezers in $3000 suits having a run at each other, that would be a hoot.

Uh oh, the old guy is sneering. But the even-older guy responds with a scornful glare. OMG, a wave of the hand, as if in dismissal of an underling. The liver spots glisten in the klieg lights. This is too brutal, I can't watch any more.
 
2012-12-30 06:28:57 PM

Popcorn Johnny: My 401k would really appreciate it if you morons could work something out.  K thanks


oh! Look at the fancy rich guy with his 401K. Sorry buddy..time for you to pay up! I would say thanks, but since people like you have been screwing the rest of for years, I won't.
 
2012-12-30 06:30:13 PM
I think THIS is actually the deal. Under the table deal for Turtleboy to hold for the CPI . . . which blows talks . . . which then leads to the up-or-down vote . . . which doesn't require TeaTards to actually vote for, to pass . . . which keeps Dems from having to vote FOR SS cuts. Keeps both parties from having to vote against party-central principles that their bases would massacre them for. It's a straight-up, underhanded, smoky back-room, political bargain.
 
2012-12-30 06:35:40 PM

Popcorn Johnny: My 401k would really appreciate it if you morons could work something out.  K thanks


If your 401K is having issues after the last couple of years, it's your fault, not anyone else's
 
2012-12-30 06:45:45 PM

StopLurkListen: What's "GOV"? Mispelled "GOP"? Or "Gov"?

"Gov" is a little less clear, it's usually not in all-caps, plus most of the time it means "Governor" ...


It was a play on doing acronyms like NFL since they are their own league of idiots

/subs
 
2012-12-30 06:50:42 PM

crozzo: inglixthemad: Welcome everyone to the fight.

Tonight's ticket has Mitch "the Turtle" McConnell trying to put a hard shell of protection up against the man that knows how to hold'em, Harry "the Gambler" Reid!

Two old wheezers in $3000 suits having a run at each other, that would be a hoot.

Uh oh, the old guy is sneering. But the even-older guy responds with a scornful glare. OMG, a wave of the hand, as if in dismissal of an underling. The liver spots glisten in the klieg lights. This is too brutal, I can't watch any more.


Harry Reid was a actually pretty successful amateur boxer in his youth.
 
2012-12-30 06:54:31 PM
i.imgur.com
 
2012-12-30 06:56:00 PM
Did someone bring the lettuce and Preparation H yet? Well, hey now, here's the lettuce.
www.warrenphotographic.co.uk
 
2012-12-30 06:57:16 PM

Curious: Notabunny: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.

the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.


Republicans have (as expected) caved on their Social Security demands. Until 11:30 tomorrow, enjoy some Phish.
 
2012-12-30 07:00:16 PM

dofus: If your 401K is having issues after the last couple of years, it's your fault, not anyone else's


Wait, what?
 
2012-12-30 07:06:45 PM
The current GOP bargaining position:

4.bp.blogspot.com
 
2012-12-30 07:09:26 PM
....and the GOP takes SS cuts off the table. No leverage whatsoever.
 
2012-12-30 07:39:28 PM

somedude210: StopLurkListen: What's "GOV"? Mispelled "GOP"? Or "Gov"?

"Gov" is a little less clear, it's usually not in all-caps, plus most of the time it means "Governor" ...

It was a play on doing acronyms like NFL since they are their own league of idiots

/subs


Ah. I are not the brightest bulb.
 
2012-12-30 07:39:51 PM
This story has actually been helpful to me. Anytime I see someone saying "both sides are to blame here", that tells me I'm not dealing with an intelligent or reasonable person, and I have no need to listen to them about anything else of consequence.

It's really helped me thin down my "trusted advisers" list.
 
2012-12-30 08:10:10 PM
I guess that it wasn't enough to give 2012 away, but they're going to throw 2014 in as well.

Thanks!
 
2012-12-30 08:10:57 PM

greatleslie: [26.media.tumblr.com image 500x375]


We're done here.
 
2012-12-30 08:12:15 PM
Everyone here knows what happens when a turtle gets run over by a Trans Am, right?
 
2012-12-30 08:24:04 PM
The reporters are reporting a report that the Republicans' most recent deal involves a four-year Taxbongo jail sentence.  That's a compromise if I ever saw one.  Take a compromise for once in your life, liberals.  This country is Taxed Enough Already, Please Admit Republicans Told You.
 
2012-12-30 08:30:50 PM

Mentat: This will be Obama's Waterloo!  Again!


I hope so. The Duke of Wellington won Waterloo.

Comparing Obama to Wellington is a great compliment.
 
2012-12-30 08:43:26 PM

Propain_az: Popcorn Johnny: My 401k would really appreciate it if you morons could work something out.  K thanks

oh! Look at the fancy rich guy with his 401K. Sorry buddy..time for you to pay up! I would say thanks, but since people like you have been screwing the rest of for years, I won't.


Looks like we got us an internet White Knight here. Any of you guys who are actually wealthy need a tugger?
 
2012-12-30 08:56:45 PM

Popcorn Johnny: dofus: If your 401K is having issues after the last couple of years, it's your fault, not anyone else's

Wait, what?


Were you sleeping through one of the longest bull markets in American history?
 
2012-12-30 09:01:34 PM

BMulligan: Were you sleeping through one of the longest bull markets in American history?


So because I've done well the past couple years, I should be okay with losing it now?
 
2012-12-30 09:04:36 PM
It would be better if it was the Turtle vs a big Spider. Because they float down there, they all float.
 
2012-12-30 09:07:09 PM

Farker Soze: It would be better if it was the Turtle vs a big Spider. Because they float down there, they all float.


images.wikia.com

Sees what you did there.
 
2012-12-30 09:08:31 PM
according to the latest article on Politico, there are two GOPers who are willing to help break a Senate filibuster on Obama's last ditch plan: Snowe and Lugar. If the last ditch plan is $400k and up, Heller and others are willing.

Link
 
2012-12-30 09:09:32 PM

Mike_LowELL: The reporters are reporting a report that the Republicans' most recent deal involves a four-year Taxbongo jail sentence.  That's a compromise if I ever saw one.  Take a compromise for once in your life, liberals.  This country is Taxed Enough Already, Please Admit Republicans Told You.


Derr to the what?

Derr to the P!
 
2012-12-30 09:11:45 PM

Popcorn Johnny: BMulligan: Were you sleeping through one of the longest bull markets in American history?

So because I've done well the past couple years, I should be okay with losing it now?


That's how the market works - it goes up for a while, then it goes down for a while. When it's been moving upward for an extended period, it's especially likely to head south for a while. I'm sorry you didn't understand that before you invested. Personally, I'm looking forward to scooping up some bargains in the next few months.
 
2012-12-30 09:12:08 PM

Popcorn Johnny: BMulligan: Were you sleeping through one of the longest bull markets in American history?

So because I've done well the past couple years, I should be okay with losing it now?


What makes you think you're going to lose it now? Additionally, what makes you think the market won't come back AGAIN?

What is wrong with people always concerned with what's happening TODAY and not long-term?
 
2012-12-30 09:13:57 PM

dumbobruni: according to the latest article on Politico, there are two GOPers who are willing to help break a Senate filibuster on Obama's last ditch plan: Snowe and Lugar. If the last ditch plan is $400k and up, Heller and others are willing.

Link


I don't want to see that happen. $250k and up. Need to stay with that as the final/only offer on the table.
 
2012-12-30 09:20:55 PM
farm9.staticflickr.comHave to post this here....
 
2012-12-30 09:55:12 PM
/looking for turtle pics
//adding one :)

inotternews.com
 
2012-12-30 09:56:34 PM

Dracolich: moothemagiccow: BalugaJoe: GOP is against helping the disabled.

I dunno man, helping the disabled really farks with darwinism

I think you may have misunderstood the mechanisms of natural selection.


Probably
 
2012-12-30 09:57:18 PM

Orange-Pippin: /looking for turtle pics
//adding one :)


Aaaahhhhh! Too cute!!
 
2012-12-30 10:02:52 PM

BalugaJoe: GOP is against helping the disabled.


The GOP is against helping ANYONE...till they've helped themselves to everything twice and an extra serving of mashed potatoes.
 
2012-12-30 10:13:10 PM

Curious: Notabunny: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.

the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.


What??
 
2012-12-30 10:21:16 PM
The Old Man and the Turtle?
I am thought to be "salao", the worst form of unlucky. It's been 84 days without a deal. I may not be as strong as I think, but I know many tricks and I have resolution. Let him think that I am more man than I am and I will be so. Most people were heartless about turtles because a turtle's heart will beat for hours after it has been cut up and butchered. But I have such a heart too. Turtle, I love you and respect you very much. But I will kill you dead before this day ends.
 
2012-12-30 10:50:33 PM
right wing ideologues are incorrect. i don't have time to explain.
 
2012-12-30 10:58:45 PM

Goodfella: Mentat: This will be Obama's Waterloo!  Again!

I hope so. The Duke of Wellington won Waterloo.

Comparing Obama to Wellington is a great compliment.


A tiny, power-driven little man got thrashed by an elitist? Interesting choice of metaphors, Republican party.
 
2012-12-30 11:01:02 PM
Eh. The cost of everything is going up, taxes are being raised at every level, and those cost-of-living increases (if you're lucky) won't even cover what will likely be a federal tax increase for pretty much anyone who makes a decent pay check. Guess I should be happy that I have two part-time jobs in addition to my full-time job.

This is what happens when you have super-rich lawyers pretending to care about what the country needs. Enjoy your pay raises.
 
2012-12-30 11:28:28 PM

machodonkeywrestler: Curious: Notabunny: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.

the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.

What??


see this article for why i said Obama http://www.huffingtonpost.com/2012/12/19/nancy-pelosi-social-security _ n_2333285.html may be a republican idea but obama and pelosi are on board with it.
 
2012-12-30 11:30:34 PM

Curious: machodonkeywrestler: Curious: Notabunny: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

The Republicans attached a new "chained" formula for calculating the COLA for Social Security, which Democrats are calling a "poison pill" and a non-starter. So there's a good chance Obama's plan is the one we'll get.

the chained formula sucks. why the fark do SS recipients, who get screwed on COLA as it is, have to get double screwed? damn Obama hasn't even got his second inauguration and he's pissing me off again.

What??

see this article for why i said Obama http://www.huffingtonpost.com/2012/12/19/nancy-pelosi-social-security _ n_2333285.html may be a republican idea but obama and pelosi are on board with it.


You can quit concern trolling now, the Republicans dropped that like six hours ago.
 
2012-12-30 11:32:10 PM

coco ebert: What's all this then?


i232.photobucket.com
 
2012-12-30 11:41:02 PM
We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.
 
2012-12-30 11:46:43 PM

cameroncrazy1984: You can quit concern trolling now, the Republicans dropped that like six hours ago.


and as we all know it will vanish into the ether of unfilled dreams that the political landscape is littered with.

look i'm not trolling. that POS directly impacts me if it is put in any legislation. i don't care which party thought it up or which one is pushing it i don't like it. and you and i both know the wheeling and dealing isn't over.
 
2012-12-30 11:50:53 PM
I'd just like to gesture "power suck it" to the power of the purse. No more appropriations for your constituents until you manage the budget.
 
2012-12-30 11:54:37 PM

goodbomb: right wing ideologues are incorrect. i don't have time to explain.


Oh, okay. We'll just take your word for it, then.
 
2012-12-30 11:57:17 PM

Infernalist: diaphoresis: I'm hoping for a Thelma and Louise ending to the fiscal cliff

[baltimorepostexaminer.com image 490x246]
/I want it to happen so damn badly

It'll happen, most likely, but instead of going off a cliff, imagine a slow slope that takes a full year to reach the bottom, and can be entirely overturned by retro-active legislation by the next congress.


Except that the cliff contains some things like unemployment benefits and subsidies for dairy farmers going away. Even if they are re-instated, that's still time of actual suffering by people who can little afford it. What do you tell the 2 million about to be jolted off of unemployment insurance? "Don't worry, we'll settle things in February and say you can get back benefits. Then you can apply those backpaid benefits to the bills that went unpaid or the food you couldn't afford to buy in January." ?
 
2012-12-30 11:59:02 PM

Debeo Summa Credo: We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.


Oh my Zeus. I never thought I would ever agree with you on anything.


I completely agree. Lets go over this so called 'cliff'. Its good for the country, and good for the middle class. On this alone, we reduce wasteful military spending by $1.2 trillion.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.


There's is a lot of roads, schools, and bridges we can build with that money instead of dumping it into some desert overseas.
 
2012-12-31 12:02:55 AM

namatad: so they are not going to raise the debt limit and they are not going to fark with the cuts, but they are going to play with who gets a tax cut?


They're out of time, and they know it. As they looked across the bargaining table at each other, an unspoken understanding passed between them. The question, abruptly, had changed from "What the fark are we going to do about this mess?" to "Which part of this mess is most politically damaging?" They agreed solemnly to work on just that part, and forget the rest. The deal was sealed with the secret Senate handshake. Because at the end of the day, this really was all about not yielding the levers of power. At the end of the day, it came down to self preservation. And a man has to have a job to live.
 
2012-12-31 12:04:18 AM

RminusQ: Infernalist: diaphoresis: I'm hoping for a Thelma and Louise ending to the fiscal cliff

[baltimorepostexaminer.com image 490x246]
/I want it to happen so damn badly

It'll happen, most likely, but instead of going off a cliff, imagine a slow slope that takes a full year to reach the bottom, and can be entirely overturned by retro-active legislation by the next congress.

Except that the cliff contains some things like unemployment benefits and subsidies for dairy farmers going away. Even if they are re-instated, that's still time of actual suffering by people who can little afford it. What do you tell the 2 million about to be jolted off of unemployment insurance? "Don't worry, we'll settle things in February and say you can get back benefits. Then you can apply those backpaid benefits to the bills that went unpaid or the food you couldn't afford to buy in January." ?


You tell them that unemployment insurance was never intended to be a permanent replacement for half your pre unemployment income. Either find a new job or go apply for welfare or food stamps or any other benefits you might qualify for.
 
2012-12-31 12:04:49 AM
I forgot to say something about this epic struggle.
 
2012-12-31 12:06:10 AM

nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.


A tax cut for the first $250,000 of income for ALL 100% of people in the country. That's what's on offer. Everyone - not just 98% - gets the same discount on the first $250k.

The difference is that the republicans want to maintain an ADDITIONAL tax break for income over $250k.
 
2012-12-31 12:06:49 AM

Goodfella: Debeo Summa Credo: We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.

Oh my Zeus. I never thought I would ever agree with you on anything.


I completely agree. Lets go over this so called 'cliff'. Its good for the country, and good for the middle class. On this alone, we reduce wasteful military spending by $1.2 trillion.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.


There's is a lot of roads, schools, and bridges we can build with that money instead of dumping it into some desert overseas.


Yeah, I agree that money dumped in the desert is a waste. Although I'd disagree what we should do with those savings. It's better used to reduce borrowing than to waste on other spending here. We have a trillion dollar deficit. We need higher revenues and lower spending, defense and otherwise.
 
2012-12-31 12:15:15 AM

Debeo Summa Credo: Goodfella: Debeo Summa Credo: We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.

Oh my Zeus. I never thought I would ever agree with you on anything.


I completely agree. Lets go over this so called 'cliff'. Its good for the country, and good for the middle class. On this alone, we reduce wasteful military spending by $1.2 trillion.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.


There's is a lot of roads, schools, and bridges we can build with that money instead of dumping it into some desert overseas.

Yeah, I agree that money dumped in the desert is a waste. Although I'd disagree what we should do with those savings. It's better used to reduce borrowing than to waste on other spending here. We have a trillion dollar deficit. We need higher revenues and lower spending, defense and otherwise.


So a decades-long depression it is then. Economic death-spirals are good for the soul, or so I've heard.
 
2012-12-31 12:15:29 AM

Debeo Summa Credo: waste on other spending here.


What if we "wasted" it on infrastructure spending? That would have a double effect on the economy.
 
2012-12-31 12:24:59 AM

cameroncrazy1984: Debeo Summa Credo: waste on other spending here.

What if we "wasted" it on infrastructure spending? That would have a double effect on the economy.


Psh. Everyone knows the money we spent building the Interstate was completely wasted and that we would have been better off burning it in a giant bonfire.
 
2012-12-31 12:29:05 AM

Kuroshin: Debeo Summa Credo: Goodfella: Debeo Summa Credo: We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.

Oh my Zeus. I never thought I would ever agree with you on anything.


I completely agree. Lets go over this so called 'cliff'. Its good for the country, and good for the middle class. On this alone, we reduce wasteful military spending by $1.2 trillion.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.


There's is a lot of roads, schools, and bridges we can build with that money instead of dumping it into some desert overseas.

Yeah, I agree that money dumped in the desert is a waste. Although I'd disagree what we should do with those savings. It's better used to reduce borrowing than to waste on other spending here. We have a trillion dollar deficit. We need higher revenues and lower spending, defense and otherwise.

So a decades-long depression it is then. Economic death-spirals are good for the soul, or so I've heard.


I believe you are exaggerating. The CBO estimates a 2.9% decline in GDP over the next year if we go off the fiscal cliff, relative to what we would have without the cliff (1-2% growth) returning to growth in subsequent years. It's not pretty but it's not a decades long depression by any means.

If you'd like to phase in the tax hikes and spending cuts, go ahead. But we never seem to have the political will to raise taxes or cut spending. Even Obama, who just won his second term and will never run for anything again, doesn't have the guts to tell the American middle class that maybe its better for the long term fiscal health of the country if they go back to Clinton era tax rates. No, he wants 82% of the bush cuts to be made permanent.

This fiscal cliff could be a once in a generation chance to right the fiscal ship. Raise taxes, slash spending. We'll get over it. We've been borrowing too much for too long.
 
2012-12-31 12:30:56 AM

Debeo Summa Credo: Yeah, I agree that money dumped in the desert is a waste. Although I'd disagree what we should do with those savings. It's better used to reduce borrowing than to waste on other spending here. We have a trillion dollar deficit. We need higher revenues and lower spending, defense and otherwise.


Why? We can invest in infrastructure (which is sorely in need of upgrades), which has a stimulative effect on the economy, while also reducing the deficit in a responsible way over the next few decades with tweaks to Medicare and the cuts to defense.

OR we can slash spending drastically and plunge the country into another recession/depression and get nothing for it.
Our debt won't be solved in one budget deal, or one fiscal year, or even one decade of budgets. It took us decades to get here, and it will take decades to fix [responsibly]. Not all spending is ebil socialisms, and this ridiculous single-minded focus on it will do us no good in the long-term.
 
2012-12-31 12:33:49 AM

Serious Black: cameroncrazy1984: Debeo Summa Credo: waste on other spending here.

What if we "wasted" it on infrastructure spending? That would have a double effect on the economy.

Psh. Everyone knows the money we spent building the Interstate was completely wasted and that we would have been better off burning it in a giant bonfire.


And of course, every dollar spend on infrastructure is automatically accretive to GDP. There is no diminishing marginal returns at all. If one interstate highway system is good, three systems would be three times as good, right?

And sure we lose money on Amtrak every year, but thats only because we're focusing on highly populated east coast states. If we expanded to the midwest and Alaska with that shiat we'd see the economy blossom, am i right?

Take your infrastructure fairy dust elsewhere. Nobody is buying it here.
 
2012-12-31 12:36:41 AM

Debeo Summa Credo: Kuroshin: Debeo Summa Credo: Goodfella: Debeo Summa Credo: We're going over the cliff. The GOP is willing to go over the cliff if they don't get all cuts extended. The dems are willing forego extensions of tax cuts for the 98% if it requires extending for the other 2% as well (even though it would cost only about 20% more to extend all cuts than those the dems want to extend).

So be it. Let's go over the cliff. Spending is too high and we never should have passed the bush tax cuts in the first place.

Oh my Zeus. I never thought I would ever agree with you on anything.


I completely agree. Lets go over this so called 'cliff'. Its good for the country, and good for the middle class. On this alone, we reduce wasteful military spending by $1.2 trillion.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.

$1.2 trillion saved, and that's just on what would have been wasted on the military alone.


There's is a lot of roads, schools, and bridges we can build with that money instead of dumping it into some desert overseas.

Yeah, I agree that money dumped in the desert is a waste. Although I'd disagree what we should do with those savings. It's better used to reduce borrowing than to waste on other spending here. We have a trillion dollar deficit. We need higher revenues and lower spending, defense and otherwise.

So a decades-long depression it is then. Economic death-spirals are good for the soul, or so I've heard.

I believe you are exaggerating. The CBO estimates a 2.9% decline in GDP over the next year if we go off the fiscal cliff, relative to what we would have without the cliff (1-2% growth) returning to growth in subsequent years. It's not pretty but it's not a decades long depression by any means.

If you'd like to phase in the tax hikes and spending cuts, go ahead. But we never seem to have the political will to raise taxes or cut spending. Even Obama, who just won his second term and will never run for anything again, doesn't have the guts to tell the American middle class that maybe its better for the long term fiscal health of the country if they go back to Clinton era tax rates. No, he wants 82% of the bush cuts to be made permanent.

This fiscal cliff could be a once in a generation chance to right the fiscal ship. Raise taxes, slash spending. We'll get over it. We've been borrowing too much for too long.


Sorry about the long quote. Mobile Fark.

Anyway, I'm not referring to the "cliff." I'm referring to slashing spending on domestic projects, instead focusing on paying off debt exclusively. Domestic spending, when spent on the right projects, returns more economic activity than the original dollars spent. Money spent directly on debt is money lost, dollar-for-dollar. The ROI is better on infrastructure projects.

Slashing spending on domestic projects during a time of slow economic activity is slashing your own throat. The time for austerity is after we're back on our feet.
 
2012-12-31 12:37:23 AM

Propain_az: hell yeah! fark rich white people!


Im not a rpub but u know we all pay more right?
 
2012-12-31 12:38:20 AM
But wait, we're going to build more aircraft carriers, right? I have no problem urging husky 12-year-olds to zerg rush the psycho shooting up their school, but I'm a Real Murican. When it comes to keeping my ass safe, cost is no object. Refresh the tree and all that. But not *my* blood.
 
2012-12-31 12:51:41 AM

Debeo Summa Credo: Take your infrastructure fairy dust elsewhere. Nobody is buying it here.


Speak for yourself. Infrastructure spending is more than just Amtrak. It's maintaining or replacing bridges or sewer systems or dams that are close to a century old. It's improving our fragile power grid. These things are good for people, good for business, good for security.
 
2012-12-31 12:52:03 AM

Debeo Summa Credo: Serious Black: cameroncrazy1984: Debeo Summa Credo: waste on other spending here.

What if we "wasted" it on infrastructure spending? That would have a double effect on the economy.

Psh. Everyone knows the money we spent building the Interstate was completely wasted and that we would have been better off burning it in a giant bonfire.

And of course, every dollar spend on infrastructure is automatically accretive to GDP. There is no diminishing marginal returns at all. If one interstate highway system is good, three systems would be three times as good, right?

And sure we lose money on Amtrak every year, but thats only because we're focusing on highly populated east coast states. If we expanded to the midwest and Alaska with that shiat we'd see the economy blossom, am i right?

Take your infrastructure fairy dust elsewhere. Nobody is buying it here.


Isn't sarcasm great?
 
2012-12-31 12:53:44 AM

The Why Not Guy: Debeo Summa Credo: Take your infrastructure fairy dust elsewhere. Nobody is buying it here.

Speak for yourself. Infrastructure spending is more than just Amtrak. It's maintaining or replacing bridges or sewer systems or dams that are close to a century old. It's improving our fragile power grid. These things are good for people, good for business, good for security.


Equally as important is upgrading our aging telecom infrastructure. When S. Korea is outdoing us, we have a major, major problem.
 
2012-12-31 01:04:39 AM
Apakolypse now!!!

fun time!

I hope harry fists ol turtle neck in the anus.

Where is yellow bastard, wher??

yea, I'm drunk.
 
2012-12-31 01:07:05 AM

cameroncrazy1984: Equally as important is upgrading our aging telecom infrastructure. When S. Korea is outdoing us, we have a major, major problem.


I agree. I know folks like Debeo will never admit they supported the Iraq war, but I'd rather spend on fairy dust infrastructure here in America than all the shock and awe in the Middle East any day of the week.
 
2012-12-31 01:18:23 AM
It's a farking disgrace that this is now how US federal budget negotiations work. The sequestration that was put in place to try to force both parties to work together didn't even even do that, since we're yet again at the same last minute hand wringing BS we had last time. And again, the best that can be hoped for is a last minute agreement that simply kicks the can down the road. What a farking joke for what these politicians say is, "the greatest country on Earth". Yet those same politicians, even after they agree to put triggers in place to force action on their part, still can't do it. Feh, absolutely disgraceful.
 
2012-12-31 01:24:31 AM

beer4breakfast: It's a farking disgrace that this is now how US federal budget negotiations work. The sequestration that was put in place to try to force both parties to work together didn't even even do that, since we're yet again at the same last minute hand wringing BS we had last time. And again, the best that can be hoped for is a last minute agreement that simply kicks the can down the road. What a farking joke for what these politicians say is, "the greatest country on Earth". Yet those same politicians, even after they agree to put triggers in place to force action on their part, still can't do it. Feh, absolutely disgraceful.


Take a look at why that is. There's a big chunk of America that doesn't see working with the other side as a good thing. They see it as weakness, and they reward it with primary challenges.

Speaking of, I think I'll have some tea.
 
2012-12-31 01:39:30 AM

The Why Not Guy: beer4breakfast: It's a farking disgrace that this is now how US federal budget negotiations work. The sequestration that was put in place to try to force both parties to work together didn't even even do that, since we're yet again at the same last minute hand wringing BS we had last time. And again, the best that can be hoped for is a last minute agreement that simply kicks the can down the road. What a farking joke for what these politicians say is, "the greatest country on Earth". Yet those same politicians, even after they agree to put triggers in place to force action on their part, still can't do it. Feh, absolutely disgraceful.

Take a look at why that is. There's a big chunk of America that doesn't see working with the other side as a good thing. They see it as weakness, and they reward it with primary challenges.

Speaking of, I think I'll have some tea.


You're wrong. They don't see it as weakness. They see it as siding with the Lord of Darkness.
 
2012-12-31 01:57:29 AM

Debeo Summa Credo: Either find a new job or go apply for welfare or food stamps or any other benefits you might qualify for.


X = number of job openings
5X = number of unemployed persons no longer eligible for benefits

Solve for X = 5X

Required: must show your work.
 
2012-12-31 02:01:38 AM

El Pachuco: Debeo Summa Credo: Either find a new job or go apply for welfare or food stamps or any other benefits you might qualify for.

X = number of job openings
5X = number of unemployed persons no longer eligible for benefits

Solve for X = 5X

Required: must show your work.


X=0. Duh.
 
2012-12-31 02:03:59 AM

El Pachuco: Debeo Summa Credo: Either find a new job or go apply for welfare or food stamps or any other benefits you might qualify for.

X = number of job openings
5X = number of unemployed persons no longer eligible for benefits

Solve for X = 5X

Required: must show your work.


X=0 obviously. There are no jobs.
 
2012-12-31 02:15:36 AM

Debeo Summa Credo: Serious Black: cameroncrazy1984: Debeo Summa Credo: waste on other spending here.

What if we "wasted" it on infrastructure spending? That would have a double effect on the economy.

Psh. Everyone knows the money we spent building the Interstate was completely wasted and that we would have been better off burning it in a giant bonfire.

And of course, every dollar spend on infrastructure is automatically accretive to GDP. There is no diminishing marginal returns at all. If one interstate highway system is good, three systems would be three times as good, right?

And sure we lose money on Amtrak every year, but thats only because we're focusing on highly populated east coast states. If we expanded to the midwest and Alaska with that shiat we'd see the economy blossom, am i right?

Take your infrastructure fairy dust elsewhere. Nobody is buying it here.


I wish you were f*cking kidding this time. If you seriously think that Amtrak is the only "infrastructure" that needs some fixing, you need a 9-gram lead injection to cure you of that brain damage.
 
2012-12-31 02:17:02 AM

It takes awhile for the American people to catch on, but they are catching on, as the last election and current polling shows.

If the Repubs block a deal this time there will be an even bigger backlash against them. The fact that the Turtle called up Joey Biden to try to help save his ass was a big tell that the GOP sees the corner they've painted themselves into and is starting to panic.

If the GOP tries this again and the 2014 midterm elections could give Obama the House back:

xtupload.com


Something about "you can fool some of the people all of the time (read: all GOP voters), and you can fool all of the people some of the time (read: George Bush from 2000 to 2005), but you can't fool all of the people all of the time (read: the majority of Americans, 2008 - present)"
 
2012-12-31 02:32:58 AM
Don't bother me. My gun needs petting!

www.fieldandstream.com
 
2012-12-31 02:52:08 AM
Republicans should buy some bootstrap derivatives until they can afford bootstraps.
 
2012-12-31 02:57:26 AM

Debeo Summa Credo: It's better used to reduce borrowing than to waste on other spending here.


No it isn't. With interest rates as low as they are this is a great time to borrow and spend on infrastructure; it's a great opportunity.

The majority of the money owed by the US is to itself and its citizens and institutions. Looking at it from one side it is debt, looking from the other side it is investment. I doubt all those retirement funds would thank us for paying off their US Treasuries early, forcing them to find another place to stow their money.

The only way to really screw up this sweet deal of low interest loans is to threaten to default on payment, and you can thank the Tea Baggers and the GOP for thinking that is a good idea with their debt ceiling hostage shenanigans. They are trying to scare low-information voters with the debt in order to leverage the reduction and elimination of social programs.
 
2012-12-31 03:17:34 AM
Another day, another thread trolled into the ground by debeo 'all or nothing' credo.

Gotta give him props for typing while in between fellating the wealthy.
 
2012-12-31 06:43:58 AM

The Why Not Guy: Debeo Summa Credo: Take your infrastructure fairy dust elsewhere. Nobody is buying it here.

Speak for yourself. Infrastructure spending is more than just Amtrak. It's maintaining or replacing bridges or sewer systems or dams that are close to a century old. It's improving our fragile power grid. These things are good for people, good for business, good for security.


What you haven't heard? We can build bridges with our bootstraps

/stimulus was used to fix a primary bridge less than 3 miles from me
//it was a complete deathtrap, so bad it was at an incline
///Romney supporters actually complained about it being "waste"
 
2012-12-31 09:00:53 AM
I can't help but shake the feeling that this, like the "super committee", is mere Kabuki theater to try to slip through deep and permanent cuts to social spending, while leaving tax rates on the wealthy at historic lows, or cutting them further, and leaving bloated "security" spending where it is, or raising it.

Once that's achieved, phase 2: higher income tax on the bottom 50%, higher sales tax, shift employer's share of payroll tax to employees, strip away any and all protections for workers.

I hope I'm paranoid. I used to be. Then along came the 21st century, and reality became worse than my paranoia.
 
2012-12-31 09:05:18 AM

Debeo Summa Credo: Take your infrastructure fairy dust elsewhere. Nobody is buying it here.


No, no, no.

Pulling yourself into the air by your own bootstraps, aka "flying," THAT takes fairy dust.
 
2012-12-31 09:05:25 AM

Krustofsky: Guess I should be happy that I have two part-time jobs in addition to my full-time job.


You sound uniquely American.
 
2012-12-31 09:10:58 AM

El Pachuco: Debeo Summa Credo: Either find a new job or go apply for welfare or food stamps or any other benefits you might qualify for.

X = number of job openings
5X = number of unemployed persons no longer eligible for benefits

Solve for X = 5X

Required: must show your work.


4x = persons who won't find a job but shouldn't be getting unemployment benefits anymore. UE benefits are intended to be a temporary benefit, not perpetual. Those 4x can apply for other benefits, if they qualify. If they don't qualify, then they don't need them. See how easy that is?
 
2012-12-31 09:17:06 AM

Sergio_Van_Lukenstein: Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.


CSPAN.ORG generally runs live streaming of house and senate.Nothing on right now, but should be later
 
2012-12-31 09:32:02 AM

red5ish: Debeo Summa Credo: It's better used to reduce borrowing than to waste on other spending here.

No it isn't. With interest rates as low as they are this is a great time to borrow and spend on infrastructure; it's a great opportunity.

The majority of the money owed by the US is to itself and its citizens and institutions. Looking at it from one side it is debt, looking from the other side it is investment. I doubt all those retirement funds would thank us for paying off their US Treasuries early, forcing them to find another place to stow their money.

The only way to really screw up this sweet deal of low interest loans is to threaten to default on payment, and you can thank the Tea Baggers and the GOP for thinking that is a good idea with their debt ceiling hostage shenanigans. They are trying to scare low-information voters with the debt in order to leverage the reduction and elimination of social programs.


And interest rates are guaranteed to stay low forever? We're already borrowing a trillion a farking year. And we're borrowing at the short end of the yield curve. Primarily 5 years and shorter.

What happens when rates return to historic averages and we have to refinance all our debt? you're trying to delude low information voters by claiming trillion dollar deficits are no problem because we have low interest rates now. Very irresponsible and short sighted.
 
2012-12-31 09:33:30 AM
i owe myself a new brain : Those 4x can apply for other benefits, if they qualify. If they don't qualify, then they don't need them. See how easy that is?

Protip: it is possible to qualify for a public provision and yet not actually receive it. Especially when that program is disbursed by state or local governments which are legally bound to balance the budget and have taken a massive hit on the revenue side.

/Bored and feeding the shill.
 
2012-12-31 09:37:25 AM

Debeo Summa Credo: red5ish: Debeo Summa Credo: It's better used to reduce borrowing than to waste on other spending here.

No it isn't. With interest rates as low as they are this is a great time to borrow and spend on infrastructure; it's a great opportunity.

The majority of the money owed by the US is to itself and its citizens and institutions. Looking at it from one side it is debt, looking from the other side it is investment. I doubt all those retirement funds would thank us for paying off their US Treasuries early, forcing them to find another place to stow their money.

The only way to really screw up this sweet deal of low interest loans is to threaten to default on payment, and you can thank the Tea Baggers and the GOP for thinking that is a good idea with their debt ceiling hostage shenanigans. They are trying to scare low-information voters with the debt in order to leverage the reduction and elimination of social programs.

And interest rates are guaranteed to stay low forever? We're already borrowing a trillion a farking year. And we're borrowing at the short end of the yield curve. Primarily 5 years and shorter.

What happens when rates return to historic averages and we have to refinance all our debt? you're trying to delude low information voters by claiming trillion dollar deficits are no problem because we have low interest rates now. Very irresponsible and short sighted.


So because we're not guaranteed to have people throwing themselves at us and shouting "SHUT UP AND TAKE MY MONEY" forever, we should not take advantage of the opportunity when we have it? I wonder what would have happened to Thomas Edison if he had the foresight to realize that people would stop using incandescent light bulbs and following your thinking.
 
2012-12-31 09:45:20 AM

Debeo Summa Credo: red5ish: Debeo Summa Credo: It's better used to reduce borrowing than to waste on other spending here.

No it isn't. With interest rates as low as they are this is a great time to borrow and spend on infrastructure; it's a great opportunity.

The majority of the money owed by the US is to itself and its citizens and institutions. Looking at it from one side it is debt, looking from the other side it is investment. I doubt all those retirement funds would thank us for paying off their US Treasuries early, forcing them to find another place to stow their money.

The only way to really screw up this sweet deal of low interest loans is to threaten to default on payment, and you can thank the Tea Baggers and the GOP for thinking that is a good idea with their debt ceiling hostage shenanigans. They are trying to scare low-information voters with the debt in order to leverage the reduction and elimination of social programs.

And interest rates are guaranteed to stay low forever? We're already borrowing a trillion a farking year. And we're borrowing at the short end of the yield curve. Primarily 5 years and shorter.

What happens when rates return to historic averages and we have to refinance all our debt?


If you're worried about that, just spend the money on repairing existing infrastructure. It's money we'll have to spend anyways, so do it while it's cheap (low interest rates, high unemployment) rather than wait until it's expensive.

Hell, we could spend a trillion dollars just fixing freight railways.
 
2012-12-31 10:02:13 AM

Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?


What do you think this is, a credit card?
 
2012-12-31 10:09:30 AM

cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?


Yes, that is absolutely what the austerity jihadists think. They constantly make comparisons to running the most complex global society in history to balancing a family checkbook. Then they snarkily tell you about how it's "Economics 101".

It's scary that these people can get into power, and get SO close to having control over the country. In fact, you could argue that over the last 2 years they HAVE had control of the country.
 
2012-12-31 10:14:59 AM

cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?


Yeah I dont have a GED in finance or anything but I'm pretty sure treasury bonds are fixed interest.
 
2012-12-31 10:18:20 AM

max_pooper: cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?

Yeah I dont have a GED in finance or anything but I'm pretty sure treasury bonds are fixed interest.


Yup:

Definition of 'Treasury Bond - T-Bond'
A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years.
 
2012-12-31 10:19:50 AM

cameroncrazy1984: What do you think this is, a credit card?


On one hand, they say debt is bad. On the other hand, they say government should be run like a business.

Well which is it, yabbos, because if you're running a successful business, at some point, you're going to use debt to leverage your business up and expand it. And that's just a small business.

Of course, the half-life of a business is about 8-years- can you imagine if you Federal government had a 50% chance of failing every 8 years? Maybe we shouldn't run the government like a business.
 
2012-12-31 10:28:08 AM

t3knomanser: cameroncrazy1984: What do you think this is, a credit card?

On one hand, they say debt is bad. On the other hand, they say government should be run like a business.

Well which is it, yabbos, because if you're running a successful business, at some point, you're going to use debt to leverage your business up and expand it. And that's just a small business.

Of course, the half-life of a business is about 8-years- can you imagine if you Federal government had a 50% chance of failing every 8 years? Maybe we shouldn't run the government like a business.


Governments should NEVER be run like a business.

The simple single goal of a business is to make profit by any and all means necessary that are compatible with the owner's morals or lack thereof.

Treating employees like crap, getting substandard materials, misleading advertisement, outright cheating, lying and breaking the law whenever they can get away with it. As long as 'profit' is attained, then everything is kosher.

A government's singular purpose is to provide for the common good of the governed. Without consideration for 'profit'. It's there to look out for 'us'. Republicans want to confuse us on that fact, get us to forget that government is a contract devised solely to ensure that the common good is served.

They count on people being willfully ignorant, suspicious of 'different' people, bigoted, fearful and blind. That is why they're get hated on so much, because they 'require' the basest nature of humanity in order to cling to power. They are the id of the nation's political scene. Selfish, greedy, unthinking.
 
2012-12-31 10:42:56 AM

Infernalist: t3knomanser: cameroncrazy1984: What do you think this is, a credit card?

On one hand, they say debt is bad. On the other hand, they say government should be run like a business.

Well which is it, yabbos, because if you're running a successful business, at some point, you're going to use debt to leverage your business up and expand it. And that's just a small business.

Of course, the half-life of a business is about 8-years- can you imagine if you Federal government had a 50% chance of failing every 8 years? Maybe we shouldn't run the government like a business.

Governments should NEVER be run like a business.

The simple single goal of a business is to make profit by any and all means necessary that are compatible with the owner's morals or lack thereof.

Treating employees like crap, getting substandard materials, misleading advertisement, outright cheating, lying and breaking the law whenever they can get away with it. As long as 'profit' is attained, then everything is kosher.

A government's singular purpose is to provide for the common good of the governed. Without consideration for 'profit'. It's there to look out for 'us'. Republicans want to confuse us on that fact, get us to forget that government is a contract devised solely to ensure that the common good is served.

They count on people being willfully ignorant, suspicious of 'different' people, bigoted, fearful and blind. That is why they're get hated on so much, because they 'require' the basest nature of humanity in order to cling to power. They are the id of the nation's political scene. Selfish, greedy, unthinking.



This.

Plus, if you think about it, what they want is government by lowest common denominator, which only makes problems worse. A profit-based, market-driven model for government would mean that the bottom line would dictate that only the most profitable choices would be made, based on what's most common. The people on the ends of any bell curve in a given market would be totally excluded.

To use a shoe analogy, it's not economical for a shoe company or its retailers to stock the very small or very large sizes. There's a "gut shot" range of shoe sizes and even styles that sell the most, and that's what goes to market. The rest is special order, if its available at all.

Government-as-business types may not be consciously doing so (who knows) but they're asking for a government that will exclude those in our society that don't fit the most profitable demographics and profiles. There is no market solution for that, and it is one reason civilization has EVOLVED to create government in the first place.
 
2012-12-31 10:50:43 AM
The other important bit with "government as a business" is that businesses operate on highly compressed time scales. With a half-life of 8 years, it doesn't make sense to plan more than a handful of years out into the future. Couple that with executive rewards based on quarterly stock behavior, businesses are not suited to long investment periods with unclear returns.

On the flip side, that's what governments excel at. Governments don't need to plan for short period returns. The only hindrance is our electoral cycle, which means that elected officials won't lay plans if they won't pay out before the next electoral cycle. Fortunately, the vast bulk of government lives in the hallways of bureaucracy, and those individuals are going to be there until they die or retire- they can plan along long time horizons.
 
2012-12-31 10:58:56 AM

nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.


Yeah, but couldn't the GOP amend the bill to include people making over $250k and then vote for that and make the Dems vote no?
 
2012-12-31 11:02:20 AM

max_pooper: cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?

Yeah I dont have a GED in finance or anything but I'm pretty sure treasury bonds are fixed interest.


Wow. Each individual treasury issued is fixed rate (other than TIPS) but, as I said above, most of our issuances are on the short end- 5 years or less. When those bonds mature, we have to pay the principal back. Absent a surplus at that time, we'll need to reissue new treasury securities to obtain funds to pay back the principal. And the rate we will pay will be the market rate at that time.

So, all the great 1% 5 year notes we can issue now to finance your infrastructure projects will have to be refinanced at whatever the rates are in 5 years. Get it now?
 
2012-12-31 11:04:21 AM

Crown_of_Shoes: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

Yeah, but couldn't the GOP amend the bill to include people making over $250k and then vote for that and make the Dems vote no?


Of course they could, and they likely will.
 
2012-12-31 11:05:31 AM

Smackledorfer: Another day, another thread trolled into the ground by debeo 'all or nothing' credo.


After the posts made in this thread it's hard to disagree.

Time for him to get a new alt...
 
2012-12-31 11:12:39 AM

Debeo Summa Credo: Crown_of_Shoes: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

Yeah, but couldn't the GOP amend the bill to include people making over $250k and then vote for that and make the Dems vote no?

Of course they could, and they likely will.


Is there any sort of strategy the dems could use to still gain tax increases on the wealthy? Is this called a "rider"?
 
2012-12-31 11:22:35 AM

Crown_of_Shoes: nmrsnr: Obama has as much as said that if we pass Jan. 1 without a compromise he's going to ask Reid to enter a no-frills, straight up tax cut on everyone making less than $250k and dare the GOP to filibuster a tax cut for 98% or Americans.

Yeah, but couldn't the GOP amend the bill to include people making over $250k and then vote for that and make the Dems vote no?


They could try, but the Democrats could always just vote against the rider. And Obama could tell the GOP to lick his taint -- and he probably would, too, although he'd likely do so in slightly more family-friendly words if there are cameras present.

Besides, that kind of attitude on the part of the GOP -- refusing to vote for tax cuts for the poor, middle class and rich unless there are also tax cuts for the super-rich -- is part of why we're in this mess in the first place
 
2012-12-31 11:37:39 AM

Debeo Summa Credo: max_pooper: cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?

Yeah I dont have a GED in finance or anything but I'm pretty sure treasury bonds are fixed interest.

Wow. Each individual treasury issued is fixed rate (other than TIPS) but, as I said above, most of our issuances are on the short end- 5 years or less. When those bonds mature, we have to pay the principal back. Absent a surplus at that time, we'll need to reissue new treasury securities to obtain funds to pay back the principal. And the rate we will pay will be the market rate at that time.

So, all the great 1% 5 year notes we can issue now to finance your infrastructure projects will have to be refinanced at whatever the rates are in 5 years. Get it now?


Those interest rates aren't going to increase until the economy starts showing some robust growth. If the economy starts showing some robust growth, government revenues increase dramatically and the problem manages itself. I've been hearing you ninnies complain about government debt my whole life, all the way back to the Johnson administration, and it's always been a load of nonsense.
 
2012-12-31 11:39:35 AM

BMulligan: Debeo Summa Credo: max_pooper: cameroncrazy1984: Debeo Summa Credo: What happens when rates return to historic averages and we have to refinance all our debt?

What do you think this is, a credit card?

Yeah I dont have a GED in finance or anything but I'm pretty sure treasury bonds are fixed interest.

Wow. Each individual treasury issued is fixed rate (other than TIPS) but, as I said above, most of our issuances are on the short end- 5 years or less. When those bonds mature, we have to pay the principal back. Absent a surplus at that time, we'll need to reissue new treasury securities to obtain funds to pay back the principal. And the rate we will pay will be the market rate at that time.

So, all the great 1% 5 year notes we can issue now to finance your infrastructure projects will have to be refinanced at whatever the rates are in 5 years. Get it now?

Those interest rates aren't going to increase until the economy starts showing some robust growth. If the economy starts showing some robust growth, government revenues increase dramatically and the problem manages itself. I've been hearing you ninnies complain about government debt my whole life, all the way back to the Johnson administration, and it's always been a load of nonsense.


YOU LIE!

They only complain about it when there is a D in the White House.
 
2012-12-31 11:48:47 AM
"Reid vs. McConnell. This is the fight of the century. A knockdown drag out between the Old Man and the Turtle. This is your official Sunday GOV Showdown. Let's get ready to HUMBLE"

www.kayfabenews.com
Sheiky Baby likes where this thread is going.

/FAKKIN' BOOLSHEET!
 
2012-12-31 11:53:30 AM
the $110 billion in spending cuts should target the welfare queen states, such as New Mexico, Mississippi, Alaska, Louisiana, West Virginia, North Dakota, Alabama, South Dakota, Kentucky and Virginia.

all of these states receive 50% more in Federal funding vs what their residents pay in Federal Taxes. The home of the 47% of Americans with no skin in the game.
 
2012-12-31 11:54:23 AM
correction to my last post: at least 50%. Some of them are at over 100%.
 
2012-12-31 11:59:44 AM

Autistic Hiker: Apparently negotiations in the Senate have ground to a halt.

Less than 36 hours before the new year, when the Bush tax cuts are scheduled to expire, budget negotiations on Capitol Hill ground to a halt, and an increasingly restless Mitch McConnell - the Senate Minority Leader - enlisted the help of Vice President Joe Biden to resolve the remaining differences between Democrats and Republicans over whether and how to avoid the fiscal cliff.

McConnell's gesture suggests a desire to avoid an uncomfortable New Year's Eve conundrum. If he and Biden come up empty, Senate Majority Leader Harry Reid has pledged to introduce legislation that would extend the Bush tax cuts for income up to $250,000, extend emergency unemployment benefits and protect millions of middle class taxpayers from having to pay the Alternative Minimum Tax. McConnell and Senate Republicans would then have to decide whether to mount a filibuster, and bear responsibility for the economic impact of across the board tax increases and spending cuts next year, or allow the legislation to pass on a majority rules basis, and pass the measure over to House Speaker John Boehner.

Negotiations broke down Sunday after McConnell pressed Reid to include in a year-end deal a provision that would re-index Social Security payments to a less generous measurement of inflation called chained CPI. Dems say including Social Security cuts in a deal that doesn't increase the debt limit is a non-starter.


farm5.staticflickr.com
 
2012-12-31 01:45:53 PM
THIS IS A SLOBBERKNOCKER!
 
2012-12-31 02:04:29 PM

MindStalker: Sergio_Van_Lukenstein: Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.

CSPAN.ORG generally runs live streaming of house and senate.Nothing on right now, but should be later


Thanks! Looks like the stream is right here.
 
2012-12-31 02:05:05 PM
Jesus, they conceded the 250k mark...now its been reported that they have worked out the tax issues, everyone under 400k is safe, unemployement extended, and estate tax is up from 35 to 40%
 
2012-12-31 02:11:30 PM

Sergio_Van_Lukenstein: MindStalker: Sergio_Van_Lukenstein: Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.

CSPAN.ORG generally runs live streaming of house and senate.Nothing on right now, but should be later

Thanks! Looks like the stream is right here.


Oh, wait. Two streams... This fight must be epic!

C-SPAN 1 (Looks like viewers are calling in to give their own personal scores for the fight.)
C-SPAN 2 (Live fight coverage from the Senate Chamber.)
 
2012-12-31 02:21:52 PM
Accidentally posted the C-SPAN 2 link twice.

Here's C-SPAN 1. President Obama is on right now.
 
2012-12-31 02:21:57 PM

Sergio_Van_Lukenstein: Sergio_Van_Lukenstein: MindStalker: Sergio_Van_Lukenstein: Does anybody have the website that this fight is streaming on? I really want to see it, but I don't have cable.

CSPAN.ORG generally runs live streaming of house and senate.Nothing on right now, but should be later

Thanks! Looks like the stream is right here.

Oh, wait. Two streams... This fight must be epic!

C-SPAN 1 (Looks like viewers are calling in to give their own personal scores for the fight.)
C-SPAN 2 (Live fight coverage from the Senate Chamber.)


Oh no looks like I created a cspan junkie. I became addicted to cspan during the Monica Lewinsky "scandle"

I just aged myself
 
2012-12-31 02:24:35 PM
Sergio_Van_Lukenstein: Accidentally posted the C-SPAN 2 link twice.

Here's C-SPAN 1. President Obama is on right now.


DAMMIT! It keeps going to C-SPAN 2. Looks like you have to go to that page and then click on the link to C-SPAN 1 in the sidebar. It's weird.
 
2012-12-31 02:42:44 PM

Dougie AXP: Jesus, they conceded the 250k mark...now its been reported that they have worked out the tax issues, everyone under 400k is safe, unemployement extended, and estate tax is up from 35 to 40%


over two weeks ago, Obama said he was ok with $400k instead of $250k.

it really shouldn't be a surprise to anyone.
 
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