If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Washington Times)   That bill that's supposed to be a stop gap for the fiscal cliff? Turns out it's more like a jump ramp than the start of a bridge   (washingtontimes.com) divider line 134
    More: Followup, makeshift, entrance ramp  
•       •       •

4872 clicks; posted to Politics » on 01 Jan 2013 at 6:00 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2013-01-01 06:29:30 PM
11 votes:

Zombalupagus: [i.imm.io image 600x800]


I hope you posted that ironically. Or else I'd have to say who ever made that is a farking idiot because:

1. It never considers the option that people in that much debt get a second job to bring in more revenue into that household.

2. The debt ceiling doesn't give us permission to spend more, it gives us permission to pay off the debt we already spent. Not raising the debt ceiling is the same as defaulting on our debt obligations. Or to use a retarded analogy like you did, it would be like ordering and eating dinner and dashing out on the check.

So the only thing shiatty is whoever made that steaming pile of crap thinking that they said something that was remotely intelligent.
2013-01-01 05:06:19 PM
7 votes:
You do realize the "Fiscal Cliff" isn't a problem because of spending right? It's a problem of massive and severe austerity all at once. So anything which stops the "Fiscal Cliff" will by necessity include more government spending than going over the cliff.
2013-01-01 06:27:50 PM
6 votes:

Zombalupagus: [i.imm.io image 600x800]


Oh, a house budget analogy, the bastion of the economically illiterate.
2013-01-01 06:21:24 PM
6 votes:
Most people are out of work due to a lack of require job skills.

Shouldn't the solution be free college-level trade school education?

I keep hearing about business owners whining about NEEDING to hire out of country to fill these roles. Shouldn't we be investing more in education to fill these jobs?

Correct me if I'm wrong, but don't the wheels of this country move on the frivolous expenditures of the masses? The more people capable of making frivolous expenditures the better?
2013-01-01 02:53:26 PM
6 votes:
How did the greatest generation raise the greediest, most sociopathic generation. Sacrifice for the common good? I won't even be mildly inconvenienced for the common good!
2013-01-01 06:40:16 PM
4 votes:
Anyone who seriously compares national economics to a household budget needs to be taken out back and beaten half to death before being enrolled in a basic Economics 101 class.
2013-01-02 12:40:58 AM
3 votes:

The Jami Turman Fan Club: [media.zenfs.com image 850x566]


media.zenfs.com

I really wish that Capitol Police Officer on the right hand side was in the process of arresting them all for treason. The charge: Holding the country hostage by holding back voting on what used to be a simple vote for allowing to pay for things that were already authorized by prior voting, just to make sure the wealthy get even more benefits than they got under the Bush tax cuts! There were a majority of votes that authorized the Affordable Healthcare Act, probably some of theirs (to make them look good in the eyes of their constituents), but then they find underhanded tactics in attempting to eliminate something they voted for (when putting it through the Supreme Court didn't work, now they're trying to hold back the funding authorization and include other stuff they don't like). Maybe they could also arrest Bohener for being a crybaby?!

I am starting to think that George Carlin is right, that the owners of this country want everything, our pensions (they already got, turning them into 401Ks that devalue more often than increase), Medicare, and Social Security. Republican is no longer a political party, it is a wholly owned conglomerate by the 1 %. They want to eliminate every protection the American worker has and make life woefully miserable for those not born with a silver spoon in their mouth. There is no logical motive to this, other than some sadistic attitude of "I've got mine, so fark you!" To do it, they're dividing us by exerting our differences and having us fight one another so we don't go after the wealthy's cash that would allow us to pay for things that were already authorized! We need to tax EVERYONE MORE in order to get us out of this slump! Granted we need cost cutting and efficiency when we do it, but the answer is not "Eliminate taxes for the wealthy" and/or "Jesus"!
2013-01-01 10:58:52 PM
3 votes:
So we are good for 2 months, and then we go into debt ceiling government shutdown again, probably with another credit downgrade.
2013-01-01 07:05:13 PM
3 votes:

Fart_Machine: skullkrusher: removing the zeros does help put it in perspective.
You guys sure are pissed about people pointing out that we spend a farkload more than we generate in revenue

No, it's just that comparing the government to a household budget is pants-on-head retarded.


If you wanna know how POHR this is...the probability that most of that "household budget" is spent on things like a new car every year and lavish wants, plus insurance (life, health, etc.), and food and rent. Republicans are clamoring for us to ditch the insurance and cut the food and rent, while trading in our 2012 mid-size sedan for a 2013 sports car.

/And that car is the military budget, BTW.
//And that's how POHR the analogy is.
2013-01-01 06:45:15 PM
3 votes:
See, the problem is:

Liberals watch shows like this:
img2.targetimg2.com
Conservatives watch shows like this:
fwallpapers.com

Any questions?
2013-01-01 06:32:43 PM
3 votes:

Mrtraveler01: Zombalupagus: [i.imm.io image 600x800]

I hope you posted that ironically. Or else I'd have to say who ever made that is a farking idiot because:

1. It never considers the option that people in that much debt get a second job to bring in more revenue into that household.

2. The debt ceiling doesn't give us permission to spend more, it gives us permission to pay off the debt we already spent. Not raising the debt ceiling is the same as defaulting on our debt obligations. Or to use a retarded analogy like you did, it would be like ordering and eating dinner and dashing out on the check.

So the only thing shiatty is whoever made that steaming pile of crap thinking that they said something that was remotely intelligent.


It also ignores the fact that the US government can print money. I'm not aware of any household that can (legally) do that.
2013-01-01 06:29:16 PM
3 votes:
And the Senate has left for the night, so if there is a vote (and it passes) on an amended version in the House, the Senate (if it bothers with it) won't act until tomorrow on the last day of this Congress.

I say fark it all if this bill dies in the house. Have the Senate put forth and pass a tax cut on $200/250k like they did back in July, call it the Obama tax cuts, and tell the House to suck on that. When they refuse to vote on that, just keep hammering them.

God, fark these House GOPers. fark them so hard.
2013-01-01 03:23:56 PM
3 votes:
Is it just me, or is this Jan 1 pearl-clutching a little disingenuous? $4 trillion over 10 years to maintain Medicare doctor payment levels, long-term unemployment benefits and middle-class tax cuts (etc.) while averting a recession seems to be a decent bargain.

But you know what - Fark it. Let's take the fiscal cliff for a test drive for a year, and when red staters are done suffering and when the working poor and long-term unemployed march hand in hand with doctors and defense contractors to the doorsteps of their representatives demanding that they take Obama's deal (whatever that may be), THEN we'll see if $4 trillion over 10 years is too steep a price.

img405.imageshack.us
2013-01-01 02:54:45 PM
3 votes:
That's because no one really cares about the deficit.
2013-01-02 12:09:54 AM
2 votes:
Overall, not a bad deal.  I wish they could have dealt with the sequestration and debt ceiling instead of kicking the can down the road, but there are some good things here.  Could the deal have been better?  Sure.  Would it have been better politically to go off the cliff?  In some respects, but I think there were consequences for the average American that the President wanted to avoid.  That said, despite Grover Norquist's bullshiat, the Dems did pull off something remarkable: they forced the GOP to accept multiple tax increases, something I never would have expected after 2010.

What does all of this mean going forward?  I don't really know.  The Republican spin is so obvious that only the most rabid of partisans will buy it, and I suspect the American people are still going to hold them responsible for what comes next.  Obama comes off looking like a statesman even if the liberal wing spends the next few weeks grumbling.

Overall, not a perfect deal but a step in the right direction.
2013-01-01 11:48:26 PM
2 votes:

cretinbob: two more months of rope and adding almost $4 trillion to the debt is quite a victory ya got there, Republitards.


Even the CBO says that $4 trillion figure is misleading, since it's based on having gone over the fiscal cliff for all of 24 meaningless hours rather than being based on the numbers of December 31, 2012.

I fully expect we'll see Speaker Cantor by the end of the week, unless he's too chickenshiat to take the lead spot and prefers using Boehner for political cover. Boehner's going to get villified by the right, even though he likely saved the GOP for the immediate future (they can still blow it in 2 months). If they had farked this up, they could've kissed 2014 goodbye, gerrymandering or not.
2013-01-01 11:28:45 PM
2 votes:

Bisu: COMALite J:

oh, yeah, and a 91% Top Marginal Tax Rate also helped the Middle Class participate in that prosperity) enabled them to fulfill that admirable-on-the-face-of-it goal more than any generation prior to them.


Not quite. Middle/lower class pay relatively less today than they did in the 1950s:

The Fantasy of a 91% Top Income Tax Rate


Summing up the article, The rich paid too much along, and the middle class should shut up because their effective tax rate has reduced over the last 50 years, because Saint Reagan saved us all through deregulation and eliminating loopholes, which created the worlds most amazing economy. Ever.

(But we'll leave out the mini-recession in his first term, how Americans earn actually less than we did 40 years ago when adjusted for inflation, and the 12 times he raised taxes to try and plug the hole, because you know, communism. Or socialism. Whatever. Just blame Obama)
2013-01-01 11:06:49 PM
2 votes:

Dr. DJ Duckhunt: Lost Thought 00: So we are good for 2 months, and then we go into debt ceiling government shutdown again, probably with another credit downgrade.

There better be some political accountability and consequence for this tom foolery this time damn it.


There will be. Many moderate Republicans will be kicked out of the House and replaced with solid right wing "tea party" types, therebye making the House even more obstinate. Senate will remain in Democratic hands despite Republicans having the on-paper math advantage heading into the 2014 cycle, similar to the last 2 cycles.
2013-01-01 10:48:15 PM
2 votes:

DrGunsforHands: Is this the final vote right now?


Yes.
2013-01-01 09:24:00 PM
2 votes:

OgreMagi: eiger: It also ignores the fact that the US government can print money.

People who ignore history are doomed to repeat it.

http://en.wikipedia.org/wiki/Hyperinflation


Dude, we aren't even close to hyperinflation. We barely have inflation at all. Bernanke has sought to protect the savings of the rich over any little attempt to goose the economy. We could have discussed even more monetary expansion for years now.
2013-01-01 09:06:43 PM
2 votes:
What exactly is the House GOP objection?

A tax increase? We are over the cliff. Tax rates have gone up. The Senate bill that has been sent to you reduces taxes. For every taxpayer. You guys claim to be *for* tax relief, remember? Why would you not vote for a bill that reduces taxes?

Because it doesn't lower them as much as you would like? It doesn't mandate a pony for every member of Congress? Insert "enemy of the good" and "gift horse in the mouth" type adages here. Your realistic alternative isn't a new pony, it is being held responsible for obstructing everyone's tax relief.

Because it doesn't include spending cuts? Part of the deal is leaving large automatic spending cuts pending. They will automatically happen very soon--unless you decide you don't want them to. (Bonus, you're going to have a chance to put a debt-limit gun to the country's head again.) You do want them to happen, right? Because you can block any move to reduce those spending cuts about as easily as you can block this tax reduction package. It just won't be quite so politically toxic to do that. (Technically you have slightly more clout right now than you will when spending cuts are considered...but also more than you will on the tax reduction issue if you punt it again.)

So what exactly is the coherent rationale for voting down the Senate proposal?

/difficulty: "If Obama's fer it, aaaaahm agin' it" doesn't count
2013-01-01 08:53:44 PM
2 votes:
Wonder if he grew a pair and said "anyone that votes against this can call themselves an independent immediately after the vote"
2013-01-01 08:10:58 PM
2 votes:

ariseatex: Sounds like Boehner made clear to the House GOP that if the House doesn't pass the Senate version in an up-or-down vote, "House Republicans would take the blame for the ensuing economic fallout...The appeal seems to have worked."
House may hold its nose and vote on it after all, despite all the complaining this afternoon.


I refuse to believe that this is a reality until after the vote actually happens. And even then, I won't believe it until it's signed into law.
2013-01-01 08:08:32 PM
2 votes:

eiger: Glancing Blow:
Eiger:
It also ignores the fact that the US government can print money. I'm not aware of any household that can (legally) do that.

- actually the federal government cannot print money, only the federal reserve can use that tool.

I'm pretty sure it can, any time it wants (see Constitutional powers of Congress). It's unlikely to do so, but it can which is an important reality when trying to understand the fundamentally different nature of the federal government from the household.

Additionally, I assume you already know this, but most people don't have a problem with using analogies to explain stuff. The problem w/ the household analogy is that it gives people a fundamentally erroneous understanding of the way national budgets work. Not by coincidence this erroneous understanding leads to "austerity" policies that disproportionately hurt the lower and middle classes and don't even work.


Very true, the budget of a federal government is even drastically different from a state government.

The federal governments power to print money is in the literal sense, not for the purpose of expanding the money supply.
2013-01-01 08:08:02 PM
2 votes:

Cataholic: treading into waters where there's no guarantee that we will be able to borrow as much as we'd like


Why not? Interest rates are ridiculously low and most of our debt is US-owned.
2013-01-01 07:43:18 PM
2 votes:

COMALite J: Hey, Zombalupagus, you seem to have need some help with the situation you find yourself in here. Believe it or not, there is a way to save face and redeem your credibility! Since you apparently don't know how, I'll give you complete, step-by-step instructions:
i>

Wow, you devote a lot of energy to your hostility.

2013-01-01 07:30:08 PM
2 votes:
Hey, Zombalupagus, you seem to have need some help with the situation you find yourself in here. Believe it or not, there is a way to save face and redeem your credibility! Since you apparently don't know how, I'll give you complete, step-by-step instructions:

• Step 1: Click in the "Comment:" text area below this thread where you type in your responses. I assume that you already have your "Login:" and "Password:" entered. You should see a flashing text bar cursor in the upper left corner of that text area.

• Step 2a: Look at your keyboard. Over on the left side, second row from the bottom, you'll see a large key. It's labeled "Shift". Press and hold this [Shift ] key with your left pinky finger.

• Step 2b: While still holding that key down, hover your right index fingertip over the top row of keys on the typewriter-like alphanumeric portion of the keyboard. These are all small keys. Most of them have numerals (digits) as their bottom labels, and a punctuation symbol as the top label. The digits are in numerical order (except that zero [0] follows nine [9]), so it's easy to find the spot we're looking for: you need to hover the fingertip between two keys, namely, the one labeled [*8] and the one next to it labeled [(9] (the labels here are shown horizontally separated, but actually they're vertically separated: the punctuation symbol is on top of the digit). Now, move your fingertip down one row, and it should be hovering over a key labeled [I]. Press and release that key, then release the [Shift ] key. You should see "I" appear in the "Comments:" edit box, with the bar cursor now flashing just to the right of it.

• Step 2c: Finally, with either thumb, press and release the widest key on the keyboard, one that has no label at all. This is called the "space bar." You should see no text change in the box, but the flashing bar cursor should move slightly to the right, a very short distance away from the "I" that you created in Step 2b.

• Step 3a: Remember how we used the top row of number keys to help find a letter key in Step 2b? Well, let's do it again: this time, we need to hover our left index fingertip between the [@2] and [#3] keys, then move down one row. The key that your fingertip should now be hovering over should be labeled [W]. Press and release it, and remember it because we're going to need it again in Step 4a. You should now see a "w" appear a short distance to the right of the "I" with a small space between them, and the flashing bar cursor now just to the right of the newly-created "w."

Step 3b: With your left fingertip still on or above the [W] key, move it down one row and to the left one key so that hovers over the [A] key. Press and release it, and voila! "a" has now been added just after the "w", and the flashing bar cursor is now just to the right of the newly-created "a"!

Step 3c: Now move your left fingertip one key to the right from the [A] key that you just pressed. This key is the [S] key. Press and release it, and "s" gets added to the right of the "wa" which is a short distance from the "I" from Step 1. So far, you should see "I was" with the flashing bar cursor just to the right of the newly-created "s"!

Step 3d is the same as Step 2c, namely, press the space bar. Again, the flashing bar cursor should move a short distance to the right, visibly separated from the "s."

Step 4a: Remember how I told you back in Step 3a that we'd need the [W] key again? Now's the time! If you forgot where it is, fear not: your left fingertip should still be hovering near the [S] key, and it's one row up and slightly to the left of that! Press and release it. You should now see a second "w" appear a short distance to the right of the "s" with a small space between them, and the flashing bar cursor now just to the right of the newly-created "w."

Step 4b: move your left fingertip not one, but two, keys to the right of the [W] key. It should now be hovering over the [R] key. Press and release it. You should now see an "r" appear just to the right of the "w", and the flashing bar cursor now just to the right of the newly-created "r."

Step 4c: If you haven't moved your right hand much since Step 2b, its index fingertip should still be hovering over or near the [I] key. The one that we want now is just to the right of that: the [O] key. If you lost track of that, you can find it easily by using the numbers trick: this key is just one row below the space between the [(9] and [)0] keys. You should know what to do by now: press and release it, and watch the "o" appear, with the bar cursor moving to just past it.

Step 4d: Now it gets a bit tricky. Move the right index fingertip not just one, but two, keys to the left, so that it's hovering over the [U] key. That's not the one we want to press, though: now, move the fingertip down not one, but two rows. It should now be hovering over the [N] key. Press and release it. "n" appears.

Step 4e: Back to the left index fingertip, which we last left in Step 4b hovering over the [R] key. Move it over one to the right so that it now hovers over the [T] key, then down one row so that it hovers over the [G] key. Press and release that. "g" appears.

Step 4f: Actually, your message as it exists now would be good enough for most FARKers, but just to satisfy the grammar Nazis, move the left fingertip (which should still be hovering over the [N] key) three keys to the right, so that it hovers over a key labeled [>.]. Press and release that.

Step 5: Click [ Add Comment ]. You shouldn't need to click the [ Preview ] button first, as there's no HTML in your short post.

There. That wasn't so hard, now, was it? Why do so few FARKers ever do this?
2013-01-01 07:24:36 PM
2 votes:
If you want to start cutting spending how about eliminating the $88 billion they want to appropriate for the war in Afghanistan this year and just bring the troops home.
2013-01-01 07:06:57 PM
2 votes:

skullkrusher: cretinbob: skullkrusher: removing the zeros does help put it in perspective.

If your brain can't comprehend that many zeroes, you should sit down, be quiet and let the big kids talk.

this was one of those "wow this sounds awesome in my head but I sure am gonna look like a farking fool when I put pen to paper" situations


It's all right. Always remember, when people don't smack you upside the head when you say something dumb, they aren't paying attention to you and don't want you to do better.

Also, I have crabs in my pants
2013-01-01 06:59:13 PM
2 votes:
For the life of me, I'll never understand why the anti-taxers refuse to acknowledge the "economy of scale" and "public benefit."

If everyone pitches in a dollar, you can buy stuff that one person wouldn't be able to afford on his/her own. E.g., each family buying one laptop per one child spends more money per child than a school system that can afford to buy 100 laptops from one source for 100 children.

If everyone helps pay for a service that benefits those who are temporarily poor, broke or ill, it helps prevent those persons from desperately acquiring property or services that legally belong to someone else. E.g., Food Stamps keep people out of my garage looking for stuff to steal and sell so that they can eat.
2013-01-01 06:51:00 PM
2 votes:

skullkrusher: GAT_00: unlikely: They took the "kick it down the road" option, didn't they.

Partially.  We'll have to do this again in two months in this deal, but it still raised some taxes.

hehe I do so love how raising taxes is a worthy end unto itself.


We're facing medium term financial apocalypse if we don't raise taxes from the lowest levels in living memory. I don't think anybody likes raising taxes, but some of us recognize the need to raise them in order to prevent disaster.
2013-01-01 06:43:22 PM
2 votes:

evil saltine: Mrtraveler01: Dusk-You-n-Me:

That's because no one really cares about the deficit.

/Bears repeating

Whatever happened to "jobs, jobs, jobs"?
Now it's "deficit, deficit, deficit". Isn't the former more important?


You're talking about idiots who think that we can cut taxes so much that it will both so much economic growth that it will balance the budget all by itself.

It's hard to deal with idiots like that.
2013-01-01 06:36:16 PM
2 votes:

Sum Dum Gai: The "fiscal cliff" deal that was designed to save money

That's about as far as I could take the article seriously. That shows a total lack of even a rudimentary understanding of what the "fiscal cliff" even is, or what problem the legislation was aiming to solve.


It's from the Moonie Times. That is all you need to know.
2013-01-01 06:35:26 PM
2 votes:

Zombalupagus: i.imm.io


Simpletons LOVE stupid comparisons. Otherwise, they would have to actually UNDERSTAND the issue.
2013-01-01 06:32:38 PM
2 votes:
The "fiscal cliff" deal that was designed to save money

That's about as far as I could take the article seriously. That shows a total lack of even a rudimentary understanding of what the "fiscal cliff" even is, or what problem the legislation was aiming to solve.
2013-01-01 06:31:54 PM
2 votes:

Zombalupagus: [i.imm.io image 600x800]


Maybe someday people will understand that the national budget isn't analogous to a household budget. Until then, we'll continue to see stupid farking shiat like this.
2013-01-01 06:27:29 PM
2 votes:

Zombalupagus: [i.imm.io image 600x800]


Yeah, I keep seeing that stupid thing posted. Good job.
2013-01-01 06:21:29 PM
2 votes:
Dusk-You-n-Me:

That's because no one really cares about the deficit.

/Bears repeating
2013-01-01 06:10:37 PM
2 votes:

kxs401: How did the self-titled "greatest" generation raise the greediest, most sociopathic generation.


study it out from there
2013-01-01 04:14:24 PM
2 votes:
From a different Post article...

<i>Tucked inside the "fiscal cliff" deal is a provision repealing the CLASS Act, a giant unfunded mandate that was part of President Obama's health care law.

The Community Living Assistance Services and Supports program was a priority of the late Sen. Edward M. Kennedy, Massachusetts Democrat, and was designed to create a program for long-term care for the functionally disabled.

Mr. Obama halted the program, saying he couldn't find a way to make it cost-effective. But he had objected when Republicans tried to repeal it outright, saying he wanted to keep it on the books and try to amend it rather than kill it.

But he did an about-face this week, accepting repeal in exchange for raising tax rates on the wealthiest.

Mr. Obama also won a new commission to look at long-term care. The commission is supposed to come back and report on ways to boost health coverage for those the CLASS program was designed to reach.

The cliff deal passed the Senate 89-8 early Tuesday morning and was awaiting a vote in the House later in the day.</i>

It's easier to throw the physically disabled unable under the bus than it is the long term unemployed today.
2013-01-01 03:15:27 PM
2 votes:

Dusk-You-n-Me: That's because no one really cares about the deficit.


Can't be repeated enough.
2013-01-01 03:02:29 PM
2 votes:

vartian: So, we just have to build a landing ramp on the other side?

[oi46.tinypic.com image 600x480]

Psshh. We got this.


There is...there's nothing about that photo I don't find awesome.
2013-01-02 12:23:04 AM
1 votes:

RminusQ: BudTheSpud: gadian: Obama should keep them in service until this thing is voted on. No vacay for you.

That would make sense if he wasn't already on Air Force One back to Hawaii.

Yeah I heard that, but how in the world has he already signed the bill?


Since the tax changes in the bill are retroactive to Janurary 1st, the President doesn't even a really even have to sign the bill. He can let it sit on his desk for 7 days and it will automatically become law.

My guess is he will finish up his vacation with his family and come back and sign the mofo.
2013-01-02 12:14:19 AM
1 votes:
That grinning Biden pic needs a caption: "We got 98% of what we asked for!"
2013-01-01 11:53:43 PM
1 votes:

bronyaur1: Zombalupagus: [i.imm.io image 600x800]

Unfortunately, there are ppl who actually believe that this silly little simpleton picture is relevant to the actual economics of the situation. For example, how many households owe their mortgage primarily to their own family members? How many families can, at will, increase their income with the stroke of a pen?


Mitt Romney. Checkmate.

/Snarkiness adds NOTHING to the conversation.
2013-01-01 11:51:40 PM
1 votes:
well well I wish i could have seen Norquist's face when the vote tally came out.
2013-01-01 11:46:52 PM
1 votes:
So, we got a 12% cut to Defense, 12% cut to discretionary spending and tax rates back up to Clinton era rates for every household making more than 450k a year, oh and unemployment benefits are extended for another year.

I'd have preferred keeping it down at 250k, but I can live with the deal. Especially considering that for the first time in a long while, the GOP lock-step was broken and broken in a big way.

The Freepers are in meltdown over Ryan voting for the bill, and it's about what I anticipated: They're going to try and primary every single last 'yes' vote on that roll call.
2013-01-01 11:36:16 PM
1 votes:
two more months of rope and adding almost $4 trillion to the debt is quite a victory ya got there, Republitards.
2013-01-01 11:33:17 PM
1 votes:
i.huffpost.com
2013-01-01 11:32:13 PM
1 votes:
You're watching the House, Obama was just on Whitehouse.gov
2013-01-01 11:30:20 PM
1 votes:

Huck And Molly Ziegler: When he speaks shortly, what're the odds on President Obama uttering the phrase:
1) "The winners are the American people."
2) "... didn't get what they wanted."
3) "The middle class is protected"
4) "Sasha and Malia, go to bed."


5) "...shoved it down their throats."
2013-01-01 11:30:20 PM
1 votes:
2013-01-01 11:23:17 PM
1 votes:

Swoop1809: So does Obama come on and put on his trollface and say this deal is still shiat and veto it?


I kind of want this tbh. Get a better bill later this week, with tax increases starting 1% at 50k, 3% at 100k, 5% at 250k, and 10% at 750k. Use that money, along with modest cuts in the Pentagon budget, to fund a massive infrastructure campaign. Hell, while I'm dreaming, I may as well wish for a $20/hr minimum wage and printing enough money to pay down the debt to 10% of GDP. Inflation is good for debtors, and the financiers have screwed the debtors for long enough. It would also stick it to asshole companies who have been hoarding cash instead of hiring. Of course, it would screw people's retirement savings, but somebody smarter than me could figure out how to fix that.
2013-01-01 11:16:56 PM
1 votes:

Swoop1809: So does Obama come on and put on his trollface and say this deal is still shiat and veto it?



I think we'll see something more like this:

xtupload.com

/Obama is playing Romulan advanced intergalactic chess
//GOP is playing full potato tic tac toe
2013-01-01 11:15:08 PM
1 votes:

Goodfella: Dougie AXP: Cantor voted no.


[xtupload.com image 625x391]

Cantor is going to crucify Boner with this as he makes his move for the Speakership.


The fact that this was even brought to the floor tells me Boehner may voluntarily give up his position, and possibly his seat. He knows he won't survive this.
2013-01-01 11:14:59 PM
1 votes:

bemused outsider: So, set your clocks for 2 years from now,Next Month when the next "beyond the last minute" vote takes place.

Nice job. If you can get it.


FTFY

We'll probably go through this same shiat with the debt ceiling again.
2013-01-01 11:14:21 PM
1 votes:
257-167, with 85 Republicans voting yea who will be primaried in 2014
2013-01-01 11:11:08 PM
1 votes:
So, set your clocks for 2 years from now, when the next "beyond the last minute" vote takes place.

Nice job. If you can get it.
2013-01-01 11:09:51 PM
1 votes:
President to speak at 11:20.
2013-01-01 11:08:41 PM
1 votes:
Cantor voted no.
2013-01-01 11:08:18 PM
1 votes:

Lost Thought 00: So we are good for 2 months, and then we go into debt ceiling government shutdown again, probably with another credit downgrade.


Yeah, fark these people. Applauding for their feeble effort. And that only from Obama twisting their arms so hard they squealed.
2013-01-01 11:02:26 PM
1 votes:

TheAgeOfEgos: @GroverNorquist
The Bush tax cuts lapsed at midnight last night. Every R voting for Senate bill is cutting taxes and keeping his/her pledge.


I bet he threw up in his mouth as he choked that out.


25.media.tumblr.com
2013-01-01 10:54:56 PM
1 votes:

DrGunsforHands: RminusQ: 200 motherfarkers haven't even voted yet.

Can they extend the time if they want to?


Yes, they can hold it open for hours if they want. That said, most critters don't register their votes until the last possible second
2013-01-01 10:54:23 PM
1 votes:

Mrtraveler01: Zombalupagus: [i.imm.io image 600x800]

I hope you posted that ironically. Or else I'd have to say who ever made that is a farking idiot because:

1. It never considers the option that people in that much debt get a second job to bring in more revenue into that household.

2. The debt ceiling doesn't give us permission to spend more, it gives us permission to pay off the debt we already spent. Not raising the debt ceiling is the same as defaulting on our debt obligations. Or to use a retarded analogy like you did, it would be like ordering and eating dinner and dashing out on the check.

So the only thing shiatty is whoever made that steaming pile of crap thinking that they said something that was remotely intelligent.


And meanwhile, the more we prove how dysfunctional our government is, like we are right now, the more our credit rating is going to tank, as ratings agencies start to anticipate a needless default.
2013-01-01 10:49:48 PM
1 votes:
200 motherfarkers haven't even voted yet.
2013-01-01 10:35:11 PM
1 votes:

BMulligan: Mrtraveler01: Zombalupagus: [i.imm.io image 600x800]

I hope you posted that ironically. Or else I'd have to say who ever made that is a farking idiot because:

1. It never considers the option that people in that much debt get a second job to bring in more revenue into that household.

2. The debt ceiling doesn't give us permission to spend more, it gives us permission to pay off the debt we already spent. Not raising the debt ceiling is the same as defaulting on our debt obligations. Or to use a retarded analogy like you did, it would be like ordering and eating dinner and dashing out on the check.

So the only thing shiatty is whoever made that steaming pile of crap thinking that they said something that was remotely intelligent.

The thing that scares me is that I saw this on Facebook the other day, posted by a friend of mine who is actually a Cambridge-trained professional economist!


But what was his field of study? There is a big difference between applied economics and home economics.
2013-01-01 10:32:40 PM
1 votes:
I got a funny feeling Obama is about to go completely Tai-chi on the republicans:

Republicans: "WE WANT CUTS TO MEDICARE FOR A RAISE TO THE DEBT CEILING!!!"
Obama: ok

Republicans: "WE WANT CUTS TO DEFENCE PENSIONS AS PART OF THE BUDGET!!!"
Obama: "ok, how about I delay the build on a couple of the next gen carriers too - that'll help reduce the deficit"
Republicans: "FINE!!!"

2 years later....

Democrats: "Republicans hate old people and our troops and make us less safe!"
Republicans: "FARK!"
Obama: "LOL!!!!"
2013-01-01 10:14:03 PM
1 votes:

NateGrey: Wonder if Obama has plans to deal with the Republican tantrum after this.


Obama hinted at his play at the press conference.

That's really why Obama's comments posed a threat to a deal. The GOP's congressional leaders want to tell their members that if they just vote for this modest tax increase now, then they can move onto the debt ceiling, where their enhanced leverage will let them force a deal that's all spending cuts. Obama, in effect, said that's not true. He said if Republicans raise taxes now, he's going to pocket that tax increase and demand tax increases in the next deal, too. Link
2013-01-01 10:13:19 PM
1 votes:

NateGrey: Wonder if Obama has plans to deal with the Republican tantrum after this.


Well he tried to give away Social Security on this one, and was only stopped by members of his own party. So I'd imagine his opening position will be to let that one go, and Medicare will follow by the time the GOP puts Obama through the wringer with the leverage that they somehow have.
2013-01-01 10:06:15 PM
1 votes:

djkutch: Pelosi has a pretty nice rack.


Well thats just horrifying.
2013-01-01 10:02:26 PM
1 votes:

skullkrusher: Hell, they make Cam look like Aristotle.


To you, everyone is like Aristotle.
2013-01-01 10:00:32 PM
1 votes:
Can we please clear the logjam in this thread and get it going again?

Thanks
2013-01-01 09:52:04 PM
1 votes:

Russ Feingold's Brass Balls: NIU is being utterly outclassed at the line of scrimmage on both sides of the ball. They gotta change the game.


Remember kids, never Fark on multiple tabs at once.
d23 [TotalFark]
2013-01-01 09:52:02 PM
1 votes:

o5iiawah: d23: o5iiawah: Thing is, at this point Democrats dont really care about spending. They like spending. They've spent the past 5 or 6 years successfully convincing the public that the only reason the sun comes up in the morning is on account of government spending, stimulus and QE. When it fails, it could have been worse and thank God we had it because had we not, the whole earth would have split into two pieces.

They see debt as a good thing and despite every credit agency in the world announcing that the US may be unable to service its debt, they place the blame on the scant few who are actually fighting to lower the debt. When the Democrats have re-written the narrative to establish that debt, unsustainable spending and government stimulus is the best way to operate an economy, history be damned, then anyone who seeks to lower debt is automatically the enemy whether their plan works or not.

Alas.. a fountain of talking points.

alas, an argument you cant break, so you call it a "talking point"


It's a bullshiat argument that does nothing but act like a stereotype is real. Your own idiot Republican heroes have NO problem spending on items that they like and that funnel money to their corporate buddies.
2013-01-01 09:51:46 PM
1 votes:

o5iiawah: Thing is, at this point Democrats dont really care about spending. They like spending.


Gee things cost money. What a concept.

They see debt as a good thing and despite every credit agency in the world announcing that the US may be unable to service its debt, they place the blame on the scant few who are actually fighting to lower the debt.

Actually, this country had the credit until the Republicans decided to play political football and had our nation's credit rating devalued.
2013-01-01 09:49:14 PM
1 votes:

Wanebo: quoted dollars and cents mean nothing. They are all imaginary to politicians.


Still, an argument against a proposal on the basis of funding is a weak one. You argue its mertis, not whether it suits the bean counters.
2013-01-01 09:48:34 PM
1 votes:
2013-01-01 09:46:38 PM
1 votes:

cryinoutloud: NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.

I want to see them getting into fistfights on the floor, like they do in other countries.


Ah the good old days...

blueandgraytrail.com
2013-01-01 09:38:34 PM
1 votes:

skullkrusher: cameroncrazy1984: skullkrusher: cameroncrazy1984: skullkrusher: djkutch: skullkrusher: ariseatex: NBCWashington @nbcwashington
RT @NBCNews: RT @LukeRussert: GOP aides expect final votes at 11:30-11:45

Might as well finish my popcorn now. I'm not staying up that late.

you're never gonna see Anderson's Pooper if you go to bed that early

Stay closeted, my friend.

nah, if I were gay I'd be out by now.
My family is pretty tolerant about that sort of thing

Except for you, apparently.

except for me what, nitwit?

Yeah, I'M the nitwit here.

yep, you sure are. Except for me what, Cam, you farking nitwit?


Oh boy I do enjoy tweaking brittle people. Why am I a nitwit?
2013-01-01 09:35:59 PM
1 votes:

Infernalist: NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.

I won't give drudge the click, so elaborate a bit on that for me, if you would. Is it just a pic, or actual info about the Tea Derper House GOP flipping out?


It was a pic of Boner crying and some anti-Republican headlines. He just changed it to Obama laughing.

skullkrusher: Infernalist: NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.

I won't give drudge the click, so elaborate a bit on that for me, if you would. Is it just a pic, or actual info about the Tea Derper House GOP flipping out?

I just refreshed drudgereport.com 5 times to make up for your 1 not-click.
This is what I am going to do from now on anytime feels the need to announce that they won't click a particular site.


Look how mad the Derpers are getting. Oh no they worked out a deal. Anti-Obama nuts are fun to laugh at. More tears my potato counting friend.
2013-01-01 09:35:32 PM
1 votes:

skullkrusher: cameroncrazy1984: skullkrusher: djkutch: skullkrusher: ariseatex: NBCWashington @nbcwashington
RT @NBCNews: RT @LukeRussert: GOP aides expect final votes at 11:30-11:45

Might as well finish my popcorn now. I'm not staying up that late.

you're never gonna see Anderson's Pooper if you go to bed that early

Stay closeted, my friend.

nah, if I were gay I'd be out by now.
My family is pretty tolerant about that sort of thing

Except for you, apparently.

except for me what, nitwit?


Yeah, I'M the nitwit here.
2013-01-01 09:33:58 PM
1 votes:

skullkrusher: Infernalist: skullkrusher: Infernalist: NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.

I won't give drudge the click, so elaborate a bit on that for me, if you would. Is it just a pic, or actual info about the Tea Derper House GOP flipping out?

I just refreshed drudgereport.com 5 times to make up for your 1 not-click.
This is what I am going to do from now on anytime feels the need to announce that they won't click a particular site.

Did you click it extra hard? I bet you did.

hard and fast at first. Then I clicked slowly. Finished up with a few hard clicks at the end


Did I mention that I refuse to click on goatse? It's true. And tubgirl.
2013-01-01 09:33:00 PM
1 votes:

skullkrusher: Don't Troll Me Bro!: skullkrusher: Don't Troll Me Bro!: Lesson 2: Because of two concepts in finance called "time-value of money" and "inflation," debt isn't always a bad thing.

except the generic time value of money calculation uses the expected rate of return on "riskless" assets like US Treasuries so...

So... what? It doesn't change the fact that borrowing money and using it to make more money until it is owed back is a common, and often smart thing.

you specifically referenced the time value of money. If you're paying interest on that money at a rate that is equivalent to the rate used to determine the future value of that money, it's a wash


Why is this an assumption?
2013-01-01 09:32:37 PM
1 votes:

skullkrusher: djkutch: skullkrusher: ariseatex: NBCWashington @nbcwashington
RT @NBCNews: RT @LukeRussert: GOP aides expect final votes at 11:30-11:45

Might as well finish my popcorn now. I'm not staying up that late.

you're never gonna see Anderson's Pooper if you go to bed that early

Stay closeted, my friend.

nah, if I were gay I'd be out by now.
My family is pretty tolerant about that sort of thing


Except for you, apparently.
2013-01-01 09:31:32 PM
1 votes:

skullkrusher: Infernalist: NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.

I won't give drudge the click, so elaborate a bit on that for me, if you would. Is it just a pic, or actual info about the Tea Derper House GOP flipping out?

I just refreshed drudgereport.com 5 times to make up for your 1 not-click.
This is what I am going to do from now on anytime feels the need to announce that they won't click a particular site.


Did you click it extra hard? I bet you did.
2013-01-01 09:28:46 PM
1 votes:

NateGrey: Love the pic Drudge has. Looks like the Derpers are revolting.


I won't give drudge the click, so elaborate a bit on that for me, if you would. Is it just a pic, or actual info about the Tea Derper House GOP flipping out?
2013-01-01 09:27:01 PM
1 votes:

skullkrusher: Don't Troll Me Bro!: Lesson 2: Because of two concepts in finance called "time-value of money" and "inflation," debt isn't always a bad thing.

except the generic time value of money calculation uses the expected rate of return on "riskless" assets like US Treasuries so...


So... what? It doesn't change the fact that borrowing money and using it to make more money until it is owed back is a common, and often smart thing.
2013-01-01 09:18:22 PM
1 votes:

Zombalupagus: [i.imm.io image 600x800]


its a good thing the budget of a sovrigen nation is in no sense similar to a household budget.
2013-01-01 09:11:06 PM
1 votes:
2013-01-01 09:07:22 PM
1 votes:

thecolourdead: Zombalupagus: [i.imm.io image 600x800]

Maybe someday people will understand that the national budget isn't analogous to a household budget. Until then, we'll continue to see stupid farking shiat like this.


Whatever dude. The average country lives 85 years just like the average person. So their credit limit should be the same.
2013-01-01 09:07:09 PM
1 votes:

NewportBarGuy: Lionel Mandrake: NewportBarGuy: They will hold the country hostage for several more months. This is not the end. This is not the beginning of the end.

Is it at least the end of the beginning?

Honestly? Yes. I think we are now safely on a several year path to unf*cking ourselves. It will be painful, but it will benefit us all and we'll be a stronger country for it. Those of us that remember these dark days will remind the younger ones of how not to handle the running of the country. Or... we just keep f*cking that chicken until the whole thing collapses. I'll be optimistic and go with the first prediction.


I disagree, I think Congress will go with the former. I think Congress will fark that chicken so hard and fill it so full of semen that it comes out through the feathers, spraying like a fountain of herpetic jism all over what was once our great nation.

/It's what the Koch brothers really want.
2013-01-01 09:06:05 PM
1 votes:
Krauthammer on Fox sounding so defeated.

Republican tears are awesome.
2013-01-01 09:05:57 PM
1 votes:

Infernalist: ariseatex: Sounds like he's going against the Hastert Rule and bringing it up knowing the majority of GOP reps will vote against it.
He must be tired of being Speaker.

Oh, this is better than I imagined. An open split in the GOP, an abandoning of the Hastert Rule and the long knives are going to come out soon. I cannot wait to hear what the Tea Derpers and Cantor have to say.



It's downright surreal over at Freeperville this evening. They don't even have the heart to sound angry right now. Just resigned to whatever happens as the "GOP-e" sells them down the river.

Even Cantor, following his attempt at obstruction with Boehner, is getting labeled a two-faced betrayer of the cause who's only taking the opportunity to get some political cover.

/always get a little nervous, when fanatics go all quiet-like
2013-01-01 08:46:03 PM
1 votes:

ariseatex: Infernalist: Are they 'truly' going to do this? Did Boehner somehow whip the Tea Derpers into line? How? Are they still defiantly refusing to go along with it?

We need to know these things!

Sounds like he's going against the Hastert Rule and bringing it up knowing the majority of GOP reps will vote against it.

He must be tired of being Speaker.


Oh, this is better than I imagined. An open split in the GOP, an abandoning of the Hastert Rule and the long knives are going to come out soon. I cannot wait to hear what the Tea Derpers and Cantor have to say.
2013-01-01 08:44:18 PM
1 votes:
Dammit, Boehner actually managed to talk them into an unedited bill.
2013-01-01 08:42:44 PM
1 votes:
Are they 'truly' going to do this? Did Boehner somehow whip the Tea Derpers into line? How? Are they still defiantly refusing to go along with it?

We need to know these things!
2013-01-01 08:39:27 PM
1 votes:
House Rules Committee is moving the bill to the House floor.

Up-or-down vote coming tonight.

Start making popcorn now, folks.
2013-01-01 08:33:39 PM
1 votes:

babygoat: MorePeasPlease: My grandfather came back from WWII and bought a house for $10.
My father bought a house for $67 before he left for Korea, and when he came back he bought another one for $55.
When I came back from Vietnam I bough a house bigger than all of theirs combined for $29.
My son returned from the Gulf war and bought a house 1/3 the size of mine for $789,000.
When the housing bubble burst, I bought a mansion for $687, and sold it last June for $8,956,000, which I used as a downpayment for an RV for $9,851,000.
My granddaughter is an A-10 pilot, and her husband bought a house for $398, and a pony for $159,700.

What has happened to America?

What in the fark are you talking about?


I think it's a very clever witticism on how real murricans can't do math. Or he's just a moron.
2013-01-01 08:23:29 PM
1 votes:
My grandfather came back from WWII and bought a house for $10.
My father bought a house for $67 before he left for Korea, and when he came back he bought another one for $55.
When I came back from Vietnam I bough a house bigger than all of theirs combined for $29.
My son returned from the Gulf war and bought a house 1/3 the size of mine for $789,000.
When the housing bubble burst, I bought a mansion for $687, and sold it last June for $8,956,000, which I used as a downpayment for an RV for $9,851,000.
My granddaughter is an A-10 pilot, and her husband bought a house for $398, and a pony for $159,700.

What has happened to America?
2013-01-01 08:22:05 PM
1 votes:

eiger: It also ignores the fact that the US government can print money.


People who ignore history are doomed to repeat it.

http://en.wikipedia.org/wiki/Hyperinflation
2013-01-01 08:09:21 PM
1 votes:
Sounds like Boehner made clear to the House GOP that if the House doesn't pass the Senate version in an up-or-down vote, "House Republicans would take the blame for the ensuing economic fallout...The appeal seems to have worked."
House may hold its nose and vote on it after all, despite all the complaining this afternoon.
2013-01-01 08:05:27 PM
1 votes:

cman: Ok, I'm just gonna say my peace (piece?)

To be blunt, the left, the right, the ultra left, the ultra right, and lastly the Welsh, are all acting like a bunch of dicks in this thread.

Goading each other and playing the blame game wont get a deal passed. If you truly want to pass a deal then you should be serious about the situation.

Stop the "0bummer" jokes, and keep off with the "OMG WE THE VICTIMZ HEEAR". You are no victim.


I thought I was screwing around on a not very serious website to kill time. Apparently, I'm a member of Congress. Who knew?
2013-01-01 08:03:33 PM
1 votes:

Glancing Blow:
Eiger:
It also ignores the fact that the US government can print money. I'm not aware of any household that can (legally) do that.

- actually the federal government cannot print money, only the federal reserve can use that tool.



I'm pretty sure it can, any time it wants (see Constitutional powers of Congress). It's unlikely to do so, but it can which is an important reality when trying to understand the fundamentally different nature of the federal government from the household.

Additionally, I assume you already know this, but most people don't have a problem with using analogies to explain stuff. The problem w/ the household analogy is that it gives people a fundamentally erroneous understanding of the way national budgets work. Not by coincidence this erroneous understanding leads to "austerity" policies that disproportionately hurt the lower and middle classes and don't even work.
2013-01-01 07:43:24 PM
1 votes:

COMALite J: Hey, Zombalupagus, you seem to have need some help with the situation you find yourself in here. Believe it or not, there is a way to save face and redeem your credibility! Since you apparently don't know how, I'll give you complete, step-by-step instructions:

• Step 1: Click in the "Comment:" text area below this thread where you type in your responses. I assume that you already have your "Login:" and "Password:" entered. You should see a flashing text bar cursor in the upper left corner of that text area.

• Step 2a: Look at your keyboard. Over on the left side, second row from the bottom, you'll see a large key. It's labeled "⇑ Shift". Press and hold this [⇑ Shift ] key with your left pinky finger.

• Step 2b: While still holding that key down, hover your right index fingertip over the top row of keys on the typewriter-like alphanumeric portion of the keyboard. These are all small keys. Most of them have numerals (digits) as their bottom labels, and a punctuation symbol as the top label. The digits are in numerical order (except that zero [0] follows nine [9]), so it's easy to find the spot we're looking for: you need to hover the fingertip between two keys, namely, the one labeled [*8] and the one next to it labeled [(9] (the labels here are shown horizontally separated, but actually they're vertically separated: the punctuation symbol is on top of the digit). Now, move your fingertip down one row, and it should be hovering over a key labeled . Press and release that key, then release the [⇑ Shift ] key. You should see "I" appear in the "Comments:" edit box, with the bar cursor now flashing just to the right of it.

• Step 2c: Finally, with either thumb, press and release the widest key on the keyboard, one that has no label at all. This is called the "space bar." You should see no text change in the box, but the flashing bar cursor should move slightly to the right, a very short distance away from the "I" that you created in Step 2b.

• Step 3a: Remember ...

put. the adderall. down.

back away from the keyboard and put your hands on your head.

2013-01-01 07:36:21 PM
1 votes:

GAT_00: skullkrusher: GAT_00: skullkrusher: GAT_00: And we can't do it when people like you claim to care, yet oppose any and all tax raises. You think that somehow we can cut all this spending to fix the deficit when the deficit is mostly caused by tax cuts.

I am not opposed to all tax increases. I am opposed to all tax increases based "on principle", however.

That principle apparantly being any tax increase at all.

do try harder

I cannot recall you ever arguing once for any kind of tax increase


you've never seen me post Nancy Pelosi's letter to Boehner in these threads?

I really, really liked the compromise with the increased threshold for tax increases and the delay in spending cuts.
2013-01-01 07:34:38 PM
1 votes:
Let me see if I have this straight. Republicans create this fiscal cliff nonsense by refusing to raise the debt ceiling in a simple vote. They do nothing in the intervening year to address the problem, waiting until the last month to do anything substantive. Boehner is unable to get his coalition to agree to a bill that raise LESS revenue through taxes, and promptly adjourns the House for the holidays, saying that now the Senate and White House must do their work for them. The Senate and WH work to craft a bipartisan deal which is only half as effective as it could be in deficit reduction, but nevertheless represents a compromise. They then send it to the House, which now squawks about how terrible the bill is, and threatens to laden it up with tons of spending cuts not agreed to and blow the whole thing to shiat.

fark the GOP. Seriously, fark them.
2013-01-01 07:29:11 PM
1 votes:
F*ck the Moonie Times.
2013-01-01 07:09:57 PM
1 votes:

Funk Brothers: Good until the taxes are cut for the rich, there is no deal.

Why is Obama a richist?


They are getting a tax cut. They get the same cuts for the brackets that all others get for those tax brackets.
2013-01-01 07:05:16 PM
1 votes:
Total bullshiat:

Politico (no friend of the administration):

CBO begins its analysis from its March current law baseline that assumes all of Bush-era tax cuts would expire at New Year's Day, and therefore gives no deficit-reduction credit for the fact that the deal begins to raise rates for the wealthiest Americans.
Yet since last spring the CBO itself has warned that if nothing were done, the so-called "fiscal cliff" combination of tax increases and
Most important, perhaps, the long range estimates don't reflect the fact that the deal now is only the first step toward establishing a new baseline from which the White House and Republicans hope to work next year to carry out tax reform. At one level, tax cuts were being thrown into the mix - impacting the Alternative Minimum Tax for example - in order to influence this future baseline without regard to the deficit results.
Read more: http://www.politico.com/story/2013/01/the-price-tag-4-trillion-added- t o-deficit-85651.html#ixzz2GluaeIh8
2013-01-01 07:01:23 PM
1 votes:

skullkrusher: You guys sure are pissed about people pointing out that we spend a farkload more than we generate in revenue


That is a problem, and has been since Reagan, but the key piece that the analogy misses is that changing spending has a drastic effect on receipts.

If the government cut spending by 10% ($380 bn), the effect would be the loss of about as big of a chunk of the economy as the entire 2008-2009 economic downturn, and the effects would likely be as severe (if not more severe, coming as a double-dip recession).

The first recession cost us about $400 bn in lowered tax receipts, so this hypothetical 10% cut would actually make the deficit worse - we've reduced expenses by $380 bn but also reduced revenues by $400bn. That's not even considering the secondary effects (such as increasing government mandatory outlays by increasing unemployment).

The only practical way to tackle this is at the revenue side - any major spending change will have unintended consequences (or intended consequences - there are plenty who would benefit politically from the government causing a major economic downturn).
2013-01-01 06:59:27 PM
1 votes:

sprawl15: which is like discovering your house is full to the top with shiat and deciding the best solution is putting a garden hose in a window and pumping in water


Actually the analogy is just shiat that isn't helpful to understanding how what government debt is, which is non-government savings. When you call the dollars in everyone's bank account shiat, you're off to a bad start.

skullkrusher: You guys sure are pissed about people pointing out that we spend a farkload more than we generate in revenue


Don't mistake mockery with anger. I want the government to spend more than it takes in.
2013-01-01 06:58:54 PM
1 votes:

skullkrusher: removing the zeros does help put it in perspective.


If your brain can't comprehend that many zeroes, you should sit down, be quiet and let the big kids talk.
2013-01-01 06:55:18 PM
1 votes:

COMALite J: PsiChick: kxs401: How did the greatest generation raise the greediest, most sociopathic generation. Sacrifice for the common good? I won't even be mildly inconvenienced for the common good!

Which generations? Because with one, I agree.

The "Greatest Generation" had experienced the Great Depression and WWII with its rationing and other privations, and as a result went above and beyond in their desire to leave a better world for their children. They wanted to make sure that their kids never had to go through the privations that they had.

The post-WWII economic prosperity of the 1950s (made possible largely by the fact that most of our competition had been bombed back into the Medieval era, and the Marshall Plan helped them get out but also expanded our own markets ― oh, yeah, and a 91% Top Marginal Tax Rate also helped the Middle Class participate in that prosperity) enabled them to fulfill that admirable-on-the-face-of-it goal more than any generation prior to them.

And then, into this situation, along came Dr. Benjamin Spock.

Result: a generation of spoiled brats (I include myself in that judgment) who for the most part never had to struggle to earn what they have.


Then I am 100% behind you.

/Reason I was asking: Assholes often claim the ME generation is 'spoiled' for wanting things like, say, a decent tax rate and an end to corporations owning the damn country. Which makes me usually feel like shooting people.
//Though I wouldn't blame the 'spoil your kids' mentality too much, you're allowed to give your kids a good life. You just have to actually be a parent and teach your kids about morality, how to appreciate earning things, stuff like that. America doesn't really have a good parenting tradition.
2013-01-01 06:52:03 PM
1 votes:
I like how tax cuts for poor people are "Spending" but they are not when it's for rich people.
2013-01-01 06:49:19 PM
1 votes:

PsiChick: kxs401: How did the greatest generation raise the greediest, most sociopathic generation. Sacrifice for the common good? I won't even be mildly inconvenienced for the common good!

Which generations? Because with one, I agree.


The "Greatest Generation" had experienced the Great Depression and WWII with its rationing and other privations, and as a result went above and beyond in their desire to leave a better world for their children. They wanted to make sure that their kids never had to go through the privations that they had.

The post-WWII economic prosperity of the 1950s (made possible largely by the fact that most of our competition had been bombed back into the Medieval era, and the Marshall Plan helped them get out but also expanded our own markets ― oh, yeah, and a 91% Top Marginal Tax Rate also helped the Middle Class participate in that prosperity) enabled them to fulfill that admirable-on-the-face-of-it goal more than any generation prior to them.

And then, into this situation, along came Dr. Benjamin Spock.

Result: a generation of spoiled brats (I include myself in that judgment) who for the most part never had to struggle to earn what they have.
2013-01-01 06:46:24 PM
1 votes:

IamKaiserSoze!!!: cameroncrazy1984: IamKaiserSoze!!!: OK, the senate just passed a bill that will increase annual taxes by $65 billion against an annual deficit of over $1 trillion.

There's your great progressive victory. Now where's the rest come from?

I hope to hell the House vetoes or significantly amends that piece of crap and gets to work on a comprehensive solution. Better yet I would like to see the House pass a Simpson-Bowles type bill and send it back to the Senate. This shiat has to stop.

Hahahahaha, you're so cute.

thank you.

and you're so young and naïve, but eventually you'll understand.


I understand alright. I understand that nothing will get done as long as the Tea Party controls the House.
2013-01-01 06:38:31 PM
1 votes:

Mrtraveler01: Zombalupagus: [i.imm.io image 600x800]

I hope you posted that ironically. Or else I'd have to say who ever made that is a farking idiot because:

1. It never considers the option that people in that much debt get a second job to bring in more revenue into that household.

2. The debt ceiling doesn't give us permission to spend more, it gives us permission to pay off the debt we already spent. Not raising the debt ceiling is the same as defaulting on our debt obligations. Or to use a retarded analogy like you did, it would be like ordering and eating dinner and dashing out on the check.

So the only thing shiatty is whoever made that steaming pile of crap thinking that they said something that was remotely intelligent.


You missed one more reason it is idiotic, whoever wrote it dropped an extra zero from the budget cuts, it is actually $385 if you drop eight zeros.
2013-01-01 06:36:55 PM
1 votes:

Mrtraveler01: Unknown_Poltroon: eiger: Zombalupagus: [i.imm.io image 600x800]

Oh, a house budget analogy, the bastion of the economically illiterate.

Hey, this one uses poop to explain the accounting.

How else would simpletons like the guy who made that would be able to understand complex economic matters.


removing the zeros does help put it in perspective.
You guys sure are pissed about people pointing out that we spend a farkload more than we generate in revenue
2013-01-01 06:35:18 PM
1 votes:

Mrtraveler01: Dusk-You-n-Me:

That's because no one really cares about the deficit.

/Bears repeating


Whatever happened to "jobs, jobs, jobs"?
Now it's "deficit, deficit, deficit". Isn't the former more important?
2013-01-01 06:35:13 PM
1 votes:

kxs401: How did the greatest generation raise the greediest, most sociopathic generation. Sacrifice for the common good? I won't even be mildly inconvenienced for the common good!


Which generations? Because with one, I agree.
2013-01-01 06:34:47 PM
1 votes:

Zombalupagus: [i.imm.io image 600x800]


You posted something stupid, and you should feel bad.
2013-01-01 06:33:07 PM
1 votes:

Unknown_Poltroon: eiger: Zombalupagus: [i.imm.io image 600x800]

Oh, a house budget analogy, the bastion of the economically illiterate.

Hey, this one uses poop to explain the accounting.


How else would simpletons like the guy who made that would be able to understand complex economic matters.
2013-01-01 06:27:43 PM
1 votes:

Lionel Mandrake: NewportBarGuy: They will hold the country hostage for several more months. This is not the end. This is not the beginning of the end.

Is it at least the end of the beginning?


Honestly? Yes. I think we are now safely on a several year path to unf*cking ourselves. It will be painful, but it will benefit us all and we'll be a stronger country for it. Those of us that remember these dark days will remind the younger ones of how not to handle the running of the country. Or... we just keep f*cking that chicken until the whole thing collapses. I'll be optimistic and go with the first prediction.
2013-01-01 06:26:42 PM
1 votes:

unlikely: They took the "kick it down the road" option, didn't they.


Partially.  We'll have to do this again in two months in this deal, but it still raised some taxes.
2013-01-01 06:24:49 PM
1 votes:
i.imm.io
2013-01-01 06:23:33 PM
1 votes:

IamKaiserSoze!!!: OK, the senate just passed a bill that will increase annual taxes by $65 billion against an annual deficit of over $1 trillion.

There's your great progressive victory. Now where's the rest come from?

I hope to hell the House vetoes or significantly amends that piece of crap and gets to work on a comprehensive solution. Better yet I would like to see the House pass a Simpson-Bowles type bill and send it back to the Senate. This shiat has to stop.


Hahahahaha, you're so cute.
2013-01-01 06:19:50 PM
1 votes:

Shrugging Atlas: Looks like the House is going to kill it with Amendments, and it sure as hell sounds like Cantor is shooting for the Speakership in the process.


I'm oddly shocked by neither of those things.

Way to go, GOP. I suspect shortly we'll have the "Obama tax cuts" coming through when this bill ends up DOA.
2013-01-01 06:06:41 PM
1 votes:
I make so little that the only difference I'd have noticed was getting half the child tax credit I normally get,  which I wouldn't have realy noticed since we had another child last year anyhow.
2013-01-01 05:03:19 PM
1 votes:

Wanebo: From a different Post article...

<i>Tucked inside the "fiscal cliff" deal is a provision repealing the CLASS Act, a giant unfunded mandate that was part of President Obama's health care law.

The Community Living Assistance Services and Supports program was a priority of the late Sen. Edward M. Kennedy, Massachusetts Democrat, and was designed to create a program for long-term care for the functionally disabled.

Mr. Obama halted the program, saying he couldn't find a way to make it cost-effective. But he had objected when Republicans tried to repeal it outright, saying he wanted to keep it on the books and try to amend it rather than kill it.

But he did an about-face this week, accepting repeal in exchange for raising tax rates on the wealthiest.

Mr. Obama also won a new commission to look at long-term care. The commission is supposed to come back and report on ways to boost health coverage for those the CLASS program was designed to reach.

The cliff deal passed the Senate 89-8 early Tuesday morning and was awaiting a vote in the House later in the day.</i>

It's easier to throw the physically disabled unable under the bus than it is the long term unemployed today.


Unbelievable.
2013-01-01 04:10:01 PM
1 votes:

NewportBarGuy: They will hold the country hostage for several more months. This is not the end. This is not the beginning of the end.


Is it at least the end of the beginning?
2013-01-01 03:58:01 PM
1 votes:
They took the "kick it down the road" option, didn't they.
2013-01-01 03:08:47 PM
1 votes:

ToxicMunkee: We should let the unemployed die. It's their fault the rich job creators don't have jobs for them. Not bootstrappy enough.


Well, I think we could have paid for extended UI by raising taxes on income over 250k.
2013-01-01 02:56:06 PM
1 votes:
We'll it looks like Boss Hogg finally has them Duke boys right where he wants them.

/dixiecarhorn.wav
2013-01-01 02:46:12 PM
1 votes:
We should let the unemployed die. It's their fault the rich job creators don't have jobs for them. Not bootstrappy enough.
 
Displayed 134 of 134 comments

View Voting Results: Smartest and Funniest


This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »






Report