Politically Incorrect News and Views

Your Conservative home for 2nd Amendment, Political and National Discussion
 
HomeHome  RegisterRegister  Log inLog in  
Time & Date CST
html code for clock
Sight Supporters
free forum
Forum Theme Songs
Join the NRA
Latest topics
» 9MM Carbine
Tue Oct 08, 2013 9:14 am by Alley_Oop Mod/Admin

» JOE SCARBOROUGH, PIERS MORGAN: OBAMA SCANDALS PROVE GUN ADVOCATES AREN'T CRAZY
Sun Jul 07, 2013 6:13 am by UncleFrank

» California Approves $92M Ammo Tax To Combat Gun Violence
Sun Jul 07, 2013 6:07 am by UncleFrank

» Benghazi as Lazarus, Back from the Dead
Sun Jul 07, 2013 6:03 am by UncleFrank

» Georgia Gov. Deal orders Bibles returned to state-owned park
Sun Jul 07, 2013 5:57 am by UncleFrank

» STATE DOJ: BUSTS REVEAL UNPRECEDENTED CARTEL PRESENCE IN OREGON
Sun Jul 07, 2013 5:54 am by UncleFrank

» North Korea fires three short-range missiles as Japan envoy pays “secret” visit
Sun Jul 07, 2013 5:46 am by UncleFrank

» WHITE HOUSE OFFICIALS BLAME STATE FOR NOT DEPLOYING RAPID-RESPONSE TERROR UNIT TO BENGHAZI
Sun Jul 07, 2013 5:42 am by UncleFrank

» Obama Is No Richard Nixon
Sun Jul 07, 2013 5:37 am by UncleFrank

» Obama Keeps Eyes on The Prize in 2014
Wed Jun 26, 2013 7:50 am by UncleFrank

» Benghazi Ghosts Haunt Whitehouse
Wed Jun 26, 2013 7:47 am by UncleFrank

» Obama’s Constitutionally-Challenged Labor Board Silent After Losing Another Legal Battle
Wed Jun 26, 2013 7:44 am by UncleFrank

» 7 Things We Learned from the Benghazi Whistleblower Hearing
Wed Jun 26, 2013 7:43 am by UncleFrank

» Four More Things We've Learned
Wed Jun 26, 2013 7:41 am by UncleFrank

» Five Key Points from Today's Benghazi Hearing (So Far)
Wed Jun 26, 2013 7:39 am by UncleFrank

» DOJ: We don't need warrants for e-mail, Facebook chats
Wed Jun 26, 2013 7:38 am by UncleFrank

» When An Old Soldier Dies
Wed Jun 26, 2013 7:35 am by UncleFrank

» Presence of Malice: Against the Conservative Portrait of the President
Sun Jun 02, 2013 10:39 am by UncleFrank

» DEM SENATOR: 2ND AMENDMENT NOT 'ABSOLUTE' OR 'GOD-GIVEN RIGHT'
Wed May 22, 2013 3:07 pm by UncleFrank

» NRA Convention Protesters: Nice, Clueless, Unsure
Wed May 22, 2013 3:06 pm by UncleFrank

New Videos
Search
 
 

Display results as :
 
Rechercher Advanced Search
Forum

Share | 
 

 Blackmail or Ethical Demand

View previous topic View next topic Go down 
AuthorMessage
UncleFrank
Honored Armed Service Member
Honored Armed Service Member
avatar

Posts : 11868
Join date : 2010-07-25
Age : 68
Location : Commie occupied N.J.

PostSubject: Blackmail or Ethical Demand   Sat Sep 15, 2012 4:06 pm

Word on the Net


BLACKMAIL OR ETHICAL DEMAND


"It would be indelible, incurable. It would last for generations."


Bob Woodward has been writing for the Washington Post for a long time. His primary claim to fame is the Watergate scandal which he and Bernstein covered for the Post using some inside information from FBI agent William Felt (known only as "Deep Throat" at the time).

His most recent book is about the Obama administration, and a recent excerpt from the book was printed in the Post, all about the fight between the Obama administration and the Republicans in congress over raising the debt ceiling. Republicans were trying to use the situation to force cuts and rollbacks in spending, while the Obama administration wanted to use the situation to force tax increases and simply let government continue to spend as much as it wants indefinitely.

The Post article makes the Republicans seem like evil blackmailers:
The cascading impact would be unknowable. The world could decide to dump U.S. Treasuries. Prices would plummet, interest rates would skyrocket. The one pillar of stability, the United States, the rock in the global economy, could collapse.

"So," the president said, "if we give $1.2 trillion now in spending cuts" - the amount in the House bill to get the first increase in the debt ceiling for about six to nine months - "what happens next time?" The Republicans would then come back next year, in the middle of the presidential campaign, and impose more conditions on the next debt ceiling increase. He could not give the Republicans that kind of leverage, that kind of weapon. It was hostage taking. It was blackmail. "This will forever change the relationship between the presidency and the Congress.

"Imagine if, when Nancy Pelosi had become speaker, she had said to George W. Bush, 'End the Iraq war, or I'm going to cause a global financial crisis.' "

So, Obama said, they had to break the Republicans on this. Otherwise, they would be back whenever it suited them politically.
Note the assumption here: this is just a political trick, they're only interested in power, they are using this to blackmail America, etc. Now, as these are politicians, I think that's probably not entirely without merit. I remember well hearing some Republican state legislators in a restaurant discussing a bill not in terms of its merits or legality, but in how it would affect their ability to control Democrats and what leverage they might gain.

If I heard that today, I'd go to their table and give them an earful, but I was pretty young at the time and it was just depressing to me. The Post, and indeed the Obama administration, was treating this as a political game, trying to gain the upper hand, like wrestling. The problem is immensely more is at stake.


While political game playing was going on in the House, there also was a strong undercurrent of deep need to cut back on spending. Many of those new legislators were Tea Party candidates who ran on reducing the size and scope of the federal government and cutting spending. Now they were faced with a request by the president to increase the amount of debt the country could go into so it could spend more. They dug their heels in and refused. Absolutely not, this is not why I was elected, they argued.

And here's the problem. This isn't just a philosophical difference, this isn't simply people disagreeing on a topic. This is extremely dire. Monty Pelerin writes at American Thinker:
Credit markets have (or nearly have) stopped US government debt financing. That's why we have the Federal Reserve, the counterfeiter of last resort. If government can raise the debt limit, then it would be legal for the Treasury to issue new debt. The Treasury's sibling, the Fed, would buy it by printing new money. That would allow the government to pay its bills for a while longer.

One must wonder about the intelligence and stewardship of Timmy and the other attendees of this meeting. When Geithner declares: "It would be indelible, incurable. It would last for generations," he is stating the inevitable. Raising the debt limit does nothing to change the US condition other than temporarily postpone his predicted outcome.

Raising the debt limit only puts the government more hopelessly in debt, ensuring that Treasuries will be even more difficult to sell. Without intending it, Geithner admits that Bernanke will be printing money until the electricity is shut off or until hyperinflation shuts everything economic down.
Nobody has the money or even the inclination to buy US debt to help pay it down. Nobody will show up if the nation defaults and has to beg for help, there is nowhere to turn. America has piled its self into unsustainable debt and its getting bigger at a rate of more than a trillion dollars a year.

The only workable option is to reduce spending and reduce that debt. That is the only reasonable choice. But that was utterly off the table for the Obama administration, they didn't even consider that a possibility. They didn't refuse ideas about cutting, they refused to even consider it as an option. Now at this point we're basically to a place where taxes are going to have to go up at some point, that's how badly things have been run.

The problem is, we cannot trust congress with more taxes. If they get more revenue, they simply spend it, they don't pay off anything. We cannot allow congress any more tax revenue until they have proven real, tangible cuts of actual programs, and made them stick. Baby doesn't get dessert until after she's eaten her carrots. Because if she eats dessert, she'll never eat her carrots.

So cuts, real cuts. Not reductions in the rate of growth, not cuts in planned spending, but actual negative movement of spending. And not just in some small areas, but everywhere, with severe, draconian cuts in some areas, or this cannot be sustained. We are literally at a point where the US must cut its spending or be forced to by collapse.

And I have no reasonable hope that will ever take place, not under Republicans, not under Ron Paul as president, not under any political group. I'd love to be proven wrong. When President Bush had a Republican congress in both houses and all the political will he could possibly get he still couldn't get congress to cut a single program. They refused, and simply spent more and more. Because no matter how they campaign and no matter what they say when they are trying to get power, when they get into that seat, they don't want to give it up.

I pray we'll have a government that can make these hard choices, but know that even if we get one, it will be blocked, opposed, stonewalled, and demonized by the press and the party out of power to the point of grinding to a halt. Because for politicians, power trumps right, and for the press, it doesn't even matter what Republicans do, its evil and wrong from the start. Its a kind of treason, really, but that's the situation we find ourselves in.

So we're faced with a situation where eventually this stack of Jenga sticks is one piece away from crumbling completely to the ground. And if you think cutting 10% from Social Security would be terrible for seniors and the needy, think about what happens when it is completely destroyed by economic collapse and totally gone. Your compassion seems a bit less than honest when faced with those choices, my friend.

We'll see those cuts, one way or another. The only question is will they be controlled and on purpose, or total, violent, and forced on us by catastrophe.
Back to top Go down
Alley_Oop Mod/Admin
Admin
avatar

Posts : 15226
Join date : 2010-06-06
Age : 69
Location : Denton

PostSubject: Re: Blackmail or Ethical Demand   Thu Sep 20, 2012 6:27 pm

Quote :
The only workable option is to reduce spending and reduce that debt. That is the only reasonable choice.

Why is the answer so simple to us?

_________________
ΜΟΛΩΝ ΛΑΒΕ - Benefactor Life NRA - Concealed Handgun Instructor Texas

EXPERIENCE IS WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANTED!

There are only two defining forces that have ever offered to die for you!
Jesus Christ for your soul and the American Soldier for your freedom!
Back to top Go down
http://texasconcealedhandguninstructor.com
UncleFrank
Honored Armed Service Member
Honored Armed Service Member
avatar

Posts : 11868
Join date : 2010-07-25
Age : 68
Location : Commie occupied N.J.

PostSubject: Re: Blackmail or Ethical Demand   Fri Sep 21, 2012 2:54 pm

Because we love and cherish our nation? Also we have virtue?
Back to top Go down
Alley_Oop Mod/Admin
Admin
avatar

Posts : 15226
Join date : 2010-06-06
Age : 69
Location : Denton

PostSubject: Re: Blackmail or Ethical Demand   Mon Sep 24, 2012 8:26 am

Might also be due to the fact we have brains and also our head out of our arses??? TWIT!!!

_________________
ΜΟΛΩΝ ΛΑΒΕ - Benefactor Life NRA - Concealed Handgun Instructor Texas

EXPERIENCE IS WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANTED!

There are only two defining forces that have ever offered to die for you!
Jesus Christ for your soul and the American Soldier for your freedom!
Back to top Go down
http://texasconcealedhandguninstructor.com
UncleFrank
Honored Armed Service Member
Honored Armed Service Member
avatar

Posts : 11868
Join date : 2010-07-25
Age : 68
Location : Commie occupied N.J.

PostSubject: Re: Blackmail or Ethical Demand   Wed Sep 26, 2012 4:25 pm

I think you are on to something. Being that we have spines, it is fisically impossible to stick our heads in places not ment to be.
Back to top Go down
Alley_Oop Mod/Admin
Admin
avatar

Posts : 15226
Join date : 2010-06-06
Age : 69
Location : Denton

PostSubject: Re: Blackmail or Ethical Demand   Mon Oct 01, 2012 2:14 pm

Well it is pretty hard not to see what it is and where it is going!!! DUH!!!

_________________
ΜΟΛΩΝ ΛΑΒΕ - Benefactor Life NRA - Concealed Handgun Instructor Texas

EXPERIENCE IS WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANTED!

There are only two defining forces that have ever offered to die for you!
Jesus Christ for your soul and the American Soldier for your freedom!
Back to top Go down
http://texasconcealedhandguninstructor.com
UncleFrank
Honored Armed Service Member
Honored Armed Service Member
avatar

Posts : 11868
Join date : 2010-07-25
Age : 68
Location : Commie occupied N.J.

PostSubject: Re: Blackmail or Ethical Demand   Wed Oct 03, 2012 3:40 pm

GGG!!!
Back to top Go down
Sponsored content




PostSubject: Re: Blackmail or Ethical Demand   

Back to top Go down
 
Blackmail or Ethical Demand
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» print on demand bits
» XBL games on demand massive sale this week!
» Dota On Demand Podcast / Show!
» Possible story idea

Permissions in this forum:You cannot reply to topics in this forum
Politically Incorrect News and Views :: FFC Forums :: General Discusions for The FFC :: Political Issues-
Jump to: