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 House Passes Boehner’s Bill, Senate Bats It DownPosted on Jul 29, 2011
Less than two hours after the U.S. House of Representatives passed a Republican-drafted debt plan Friday evening, the Senate voted to freeze the legislation in hopes that a better deal will be worked out. The House vote was close, 218 to 210, and almost completely along party lines. The bill would increase the debt ceiling by $900 billion while also cutting $917 billion from federal spending. Shortly after the bill passed the House, the Senate, without debate, voted 59 to 41 to table the legislation. Senate Majority Leader Harry Reid then wasted no time introducing an alternative that would cut spending by $2.4 trillion and raise the debt ceiling by the same amount. And with that, the debate wears on. —BF
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By John R., July 31, 2011 at 10:33 am Link to this comment
It is a manufactured default. It is being done purposely to destroy a safety net
Social security, for the elderly.
As well as other programs which have been (paid into) by the poor, lower and
middle class taxpayers in America.
This is all too clear when just a little research is done.
Because this crisis was manufactured by government it is a money grab
and/also satisfies one of the ten steps taken to gain more power over people:
“Invoke a internal and external enemy.”
This manufactured default is easily identified as a Profit Motive angle.
Remember, this crisis is manufactured, and so is the deadline.
Page 5 of this article describes in detail how many times the debt has been
raised (78 times) by the Treasury dept. in the past, since 1960.
Link:
http://www.pressdemocrat.com/article/20110728/wire/107281083?
Report thisp=5&tc=pg
By TDoff, July 31, 2011 at 6:33 am Link to this comment
Our president should let his ‘do grow out. He needs a forelock to tug when he meets with the teabaggers.
Report thisBy TDoff, July 31, 2011 at 5:55 am Link to this comment
Was leaving the ‘H’ out of ‘BATS IT’ in your headline just a typo?
Report thisBy TDoff, July 31, 2011 at 5:20 am Link to this comment
The demented Tea Party/GOPers and their rich rat-bastard-backers have won. By making the raising of the debt ceiling (normally an automatic, non-controversial deal…raised seven times in The Dummy’s NeoCon reign) an apocalyptic problem, with scare tactics about our armed forces and seniors not getting their government checks,and the collapse of the entire world’s economy, they and their backer-owned MSM have apparently caused our ‘Hope and Change’ president to wimp-out again.
Too bad Wimpbama never learned to say ‘NO’, instead of just ‘YES, MASSA’.
Report thisBy Marian Griffith, July 31, 2011 at 2:28 am Link to this comment
(Unregistered commenter)
@Diamond,
And a clever (if legally entirely wrong and in itself despicable) ploy is to then say they do not want to talk with the democrats in the senate and that only Obama has the power and responsibility to do something about this situation.
The sad thing of course is that not only they are likely to get away with it but that it will be believed by many. Perhaps even enough that people will head the calls already doing the rounds on this and other political sites to vote for any random lunatic in 2012 just to spite Obama, the democrats and the republicans in congress and senate.
And easy as it is to blame this whole sorry mess on Obama or the tea party elected it has been brewing a lot longer. Only last year commercial interests have proven without a shadow of a doubt that they can mobilise in a very short time sufficient public opposition to any significant reform to make all representatives cave in and toe the line. The whole agitprop campaign against healthcare reform last summer was a giant warning sign by insurance companies against politicians that what they had given could be taken away as well. The tea party was created as a vehicle and is left hanging over Washington still as a reminder that any individual member of congres or senate can be easily replaced if he or she threatens business interests.
Report thisThere is no grand conspiracy here, just a vast disparity of money and the loss of a key requirement for any politician in a functioning democracy: That they are unburdened by obligations in their job of representing the interests of all the people (and not just those who voted them into office).
By diamond, July 30, 2011 at 3:19 pm Link to this comment
Yes, the Senate always said they would defeat this bill and the reason for that is, that it is not even a Republican bill, ghastly as that would be. No, it’s a Tea Party bill and full of their trademark lunacy, ignorance and stupidity. And the idea that they can hold the country hostage and treat the elected government with contempt while they insist on bringing all this chaos back in six months time is simply incredible. Even more incredible is expecting the Senate to allow them to do it. And it must never be forgotten that the Republican Bush administration is the author of the entire economic disaster, hard as they work at trying to pin the blame on Obama.
Those who voted for Tea Party candidates must take their share of the blame for putting the American economy on life support. If you vote for ignorant fanatics, you’re an irresponsible fool and if you then caterwaul that you want someone to save the economy the same ultra right you just voted for has ruined, then you’re a complete moron.
Report thisBy prisnersdilema, July 30, 2011 at 5:23 am Link to this comment
If you think there is political conflict now, just wait until after default. Both parties will
waste no time pointing fingers at the other one. But this is not a result of their actions,
no. It’s a result of the corporate control of the political process in this country. The
corporations control things, but they can’t govern so we have no government.
In this way no one raises any objections to G.E., paying no taxes, while moving jobs to
China, along with Ford who is setting up Trillion dollar assembly plants there. So why did
we bail out Ford?
The corporate goal is to destroy social security because they think they can force people
instead to invest it on Wall Street, destroy Medicare so they can get their hands on that
money too. The Republican party, the one whose vice president Dick Cheny said,
deficits don’t matter, the one whose job creators create jobs over seas, wants to
continue looting this country, by taking food out of the mouths of seniors, and the poor.
Their sick and twisted criminally ill mentality is putting this entire nation at risk.
Report thisUnless Wall street is put behind bars, along with the insurance companies, this country
is going down, and going down hard.