Boehner's Credibility Shot With Second Weak Proposal

Boehner tells Republicans "Get Your Ass in Line"; This is the Best Deal Republicans Can Get?

Maybe not, Obama's, Geithner's, and Bernanke's statements about default simply are not credible. Nor are threats of cutoffs to military pay or Social Security. Contrary to popular belief, the US would not default. Troops would still be paid. Medicare and Medicaid would not stop, unless of course Obama and Geithner decided not to pay them.

Not raising debt limit could be a blessing

Republicans put off vote on debt limit

There is easily a month or more to work out a better deal. There are many programs we can easily do away with that should not be funded at all, if they really tried.

Obama's proposals are as fake as his recovery, and unemployment figures, the democrats are playing a game. They have refused to deal with the budget for over 2 1/2 years, and have still not made any credible proposals, the game is to sit back and criticize, complain, and and say NO DEAL on anything that takes a serious shot at reducing spending. Obama's strategy is childish, scold the republicans into making a deal that his voting base will like.

All things considered, especially since Boehner's credibility is gone in his latest weak proposal, the best thing for Congress to do would be to NOT hike the debt ceiling and work out a credible plan over the next month.

Republicans have a golden opportunity to attempt to extract some major concessions in return for tiny tax concessions. Instead,with Bohner's plan they are going to settle for nothing.

AWOL Soldier Arrested in New Fort Hood Terror Plot

AWOL Soldier arrested planning an attack on Fort Hood.

An Army private has been arrested in connection with an alleged plot to attack Fort Hood soldiers that authorities suggest was close to being carried out. The arrest, first reported by Fox News, comes nearly two years after a deadly shooting rampage at the base.

Read more at Fox News


Sean Linnane also had a post up about Private Abdo's AWOL 12 days ago. Check it out.

Obama should lead, follow, or get out of the way.

With five days remaining before the government is forced to drastically cut services to avoid a default, Republicans have a bill that can't pass the Senate, and Democrats have a bill that House Republicans hate, this is what hope and change looks like, polarization and class-warfare.

You can't lead from behind. The president has not even put anything is writing. All we get from Obama are platitudes, promises, and threats, along with what he will not go along with. This has been a critical debate concerning our country's budget, and our future. Obama and the democrats have been completely absent and hiding in the bushes. Leaders must take risks, not just watch the polls and go along with whatever will get them re-elected. We have a total lack of leadership and a FAILURE of the the exectutive to do his job. When Obama tells us we must share the sacrifice, what is he sacrificing ? NOTHING !

Boehner should be given credit for trying, he has stuck to the principles that got him elected, smaller govt, less spending. In the end he will get more than the dems wanted to give up, and it is a step in the right direction, but a long way from anything substantial to turn the tide against the beast that is devouring our
wealth, and freedom.

The CBO likes Boehner's plan,they haven't mentioned Obama's plan yet, Oh, wait a minute, he has no plan !

According to the CBO, Boehner's plan is good. It's cuts now exceed the amount by which his plan would initially raise the debt ceiling. Their analysis concludes that his proposal would cut and cap spending by $917 billion over ten years It would also cut $22 billion in spending over the next year, and reduce discretionary expenditures each year thereafter. Boehner's new plan also requires Congress to propose at least another $1.8 trillion in spending cuts." So of course, Harry Reid has said it is DOA before he sees it, and is vowing to vote it down, and just in case it should get past the Senate, Obama is vowing to veto it.

Dear Mr. Speaker:

As you requested, the Congressional Budget Office has estimated the impact on the
deficit of the Budget Control Act of 2011, as posted on the Web site of the Committee on Rules on July 25, 2011.

...

In total, if appropriations in the next 10 years are equal to the caps on discretionary spending and the maximum amount of funding is provided for the program integrity initiatives, CBO estimates that the legislation would reduce budget deficits by about $850 billion between 2012 and 2021 relative to CBO’s March 2011 baseline adjusted for subsequent appropriation action.

As requested, CBO has also calculated the net budgetary impact if discretionary savings are measured relative to its January baseline projections. Relative to that baseline, CBO estimates that the legislation would reduce budget deficits by about $1.1 trillion between 2012 and 2021.

At least it's a plan.

So there it is, Boehner has proposed a $850 billion reduction over 10 years, a minuscule $85 billion a year on a deficit of $1.4 trillion. It is far worse than it looks because it is heavily back-loaded.

Unfortunately I think that Boehner's plan which is the best so far, is a joke. He has proposed a $850 billion reduction over 10 years, a measly $85 billion a year on a deficit of $1.4 trillion, and it's heavily back loaded. but at least it is a plan.

But it's not surprising that various Tea-Party members will not vote for it.
If we pass Obama's plan we get to see what's in it, again.

Obama's press secretary when pressed on the issue finally admitted what we already knew. Obama has no plan, or at least he doesn't want to put it to paper, so it doesn't become politically charged, in other words, we have to pass it to see what's in it again.

The Road to Hell is Paved With Welfare

The net worth of whites is now 20 times higher than for blacks and 18 times higher than for Hispanics, both records. For white households, the median net worth (assets minus liabilities) in 2009 was $113,149. That compares to $6,325 for Hispanics and $5,677 for black Americans.

There are, of course, many reasons for this. While minority families gained from the economic growth of the the 1980s, 1990s and mid-2000s, much of their wealth was tied up in their homes. When the housing market crashed in 2008, so did their net worth. Meanwhile, whites have been helped by the rebound in stock prices in the last two years. Stock market investments, including IRAs, 401(k)s and other market-based accounts, make up 28% of white Americans' wealth, vs. just 19% for blacks and 15% for Hispanics. If nothing else, these data point out the failure of federal welfare and anti-poverty policies to do what they intended: eradicate wealth differences in our country.

Today, some 44 million Americans are on food stamps. In 2007, it was 26 million. Treasury Secretary Tim Geithner recently boasted that U.S. issues more than 80 million checks a month. But while the U.S. has more than 70 means-tested welfare programs, the poverty rate today is higher than it was in the late 1960s. How can that be ?

Robert Rector, a Heritage Foundation economist in a recent report, said that most anti-poverty/welfare spending erodes work and marriage,' As a result ... low-income Americans are less capable of self-support than when the War on Poverty began.' ... The road to hell, it's said, is paved with good intentions. But sometimes it's paved with taxpayers' money."

Investor's Business Daily

"Average Guy" rants about Debt Ceiling Debate

Here is a video of rant by a self-proclaimed " average guy " that asks a few simple questions that we all would like to ask.