Sunday, July 31, 2011

It's a deal!!!

Desperation

The Washington Post and a number of US news sites are reporting THAT TENS OF THOUSANDS OF TWITTER USERS HAVE UNFOLLOWED PRESIDENT OBAMA AFTER BEING DELUGED BY TWEETS ON FRIDAY REQUESTING THEY CONTACT REPUBLICAN LEGISLATORS OVER THE DEBT CEILING ISSUE. According to The Post:

Obama’s official 2012 campaign Twitter account announced to its 9.4 million followers that it would begin publishing the Twitter account names of House Republicans. Over the course of the day, @BARACKOBAMA SENT OUT AROUND 100 TWEETS.

Not everyone was enamored. The account stood at 9.366 million followers by 6 p.m., a loss of more than 30,000 followers. THE WHITE HOUSE’S OFFICIAL ACCOUNT, @WHITEHOUSE, WAS ALSO PUBLISHING TWEETS AT A RAPID-FIRE PACE THROUGHOUT THE DAY.
One would have thought the leader of the free world might have better things to do with his time than spam Twitter with highly partisan tweets that quickly became a major annoyance, the online equivalent of receiving voluminous amounts of junk mail through the post.

http://blogs.telegraph.co.uk/news/nilegardiner/100099148/barack-obama%e2%80%99s-vulgar-twitter-spamming-campaign-is-a-classless-act-of-desperation-by-the-us-president/

I thought Obama’s team was supposed to be the masters of using the social networking. It appears a desperate man does desperate things.


GDP Report Shatters Illusion of Jobless, Productivity-Packed Recovery

It's hard to overstate how much today's GDP report blew up our understanding of the recovery. THE RECESSION WAS DEEPER THAN WE KNEW, AND THE ECONOMY IS WEAKER THAN WE THOUGHT. We weren't making new jobs, because we weren't making new things, period. The economy grew less than 1% in the first half of 2011.

Yesterday, analysts thought the economy was expanding by 2.5% a year. This morning, they learned GDP GREW BY ONLY 1.6% IN THE LAST FOUR QUARTERS. This is a remarkable discovery. It's the difference between thinking we're expanding at a decent, if disappointing, pace, and knowing we're growing around half our historical norm…

http://www.theatlantic.com/business/archive/2011/07/gdp-report-shatters-illusion-of-jobless-productivity-packed-recovery/242761/

The economy is a disaster. Spending is a disaster. Obama is a disaster.

Biden: Landlord to the Secret Service

THE U.S. SECRET SERVICE DOES MORE THAN PROTECT VICE PRESIDENT JOSEPH R. BIDEN JR. — THE AGENCY ALSO PAYS HIM RENT.

Since April, Mr. Biden has collected more than $13,000 from the agency charged with protecting him and his family for use of a rental cottage adjacent to the waterfront home he owns in a Wilmington, Del., suburb.

Mr. Biden, listed not as vice president in federal purchasing documents but as a “vendor,” is eligible for up to $66,000 by the time the government contract expires in the fall of 2013, the records show.
Officials say the arrangement came about when a previous tenant moved out of the cottage and the Secret Service moved in.

Edwin M. Donovan, special agent in charge at the Secret Service's Office of Government and Public Affairs in Washington, said THE AGENCY PAYS $2,200 IN RENT PER-MONTH, THE SAME AMOUNT A PREVIOUS TENANT HAD PAID BEFORE MOVING OUT.

http://www.washingtontimes.com/news/2011/jul/31/biden-charging-secret-service-cottage-rental/

Somehow this doesn’t seem kosher.

Lessons from the Debt Increase

…DEMOCRATS SEEM ESPECIALLY UNHAPPY. They could have avoided the fight in the first place by raising the debt ceiling in the lame duck session in December, when they had large majorities in both houses of Congress.

But they decided not to. REID'S COMMENTS THEN SUGGESTED THAT HE EXPECTED THE ISSUE TO SPLIT THE HOUSE REPUBLICANS, PITTING THE LEADERSHIP AGAINST THE 87 TEA PARTY-SYMPATHIZING FRESHMEN. The leaders would have to agree to a tax increase in order to get a deal, with a party schism like the one that followed George H.W. Bush's agreement to a tax increase in 1990.

That didn't happen. Instead Reid abandoned his demand for a tax increase. The reason, I think, is that he hasn't had a 50-vote majority for a tax increase in the Senate, just as Senate Democrats haven't been able to pass a budget….

http://washingtonexaminer.com/politics/2011/07/gop-wins-when-fight-over-cuts-not-more-taxes#ixzz1TkHIbCrd

We have another example of absolutely horrid Democratic tactics in congress. We saw it in the Obamacare fight with bribes to Democratic Senators and now we’ve seen it with most of the Democratic posturing designed not to solve the problem, but blame the Republicans.


Winners and Losers

The debt ceiling fight is over. The White House and congressional leaders have settled on a deal to raise the nation’s debt ceiling, enact immediate spending cuts and, our favorite part, create a super-commission designed to trim the federal budget further by the end of the year.

The political stakes for this fight were massive — and it produced a number of winners and losers. OUR TAKE ON THE BEST AND THE WORST IS BELOW.

WINNERS

MITCH MCCONNELL...
THE TEA PARTY...
BHO...
CBO...

http://www.washingtonpost.com/politics/the-debt-ceiling-deal-winners-and-losers/2011/07/31/gIQAHl7FmI_story.html

Go to the link to read all about it and see who the author declares as losers in the deal.


How the Tea Party won the debt fight

The Tea Party came under fire from all sides Friday after House conservatives nearly brought down Speaker John Boehner’s debt-limit bill. John McCain went to the Senate floor to mock Tea Partyers as “hobbits,” and DEMOCRATIC REP. CHRIS VAN HOLLEN SAID TEA PARTY REPUBLICANS “ARE UNFIT FOR GOVERNING.”

WHAT A DIFFERENCE A WEEKEND MAKES. The reported debt-limit deal appears to be a victory for the Tea Party. It includes AROUND $1 TRILLION IN SPENDING CUTS AND CREATES A SPECIAL COMMITTEE OF CONGRESS TO RECOMMEND CUTS OF $1.2 TRILLION MORE. If Congress does not approve those additional cuts by year’s end, automatic spending cuts go into effect. The package sets an important new precedent that debt-limit increases must be “paid for” with commensurate cuts in spending. According to Sen. Rob Portman, a former White House budget director, IF WE CUT A DOLLAR OF SPENDING FOR EVERY DOLLAR WE RAISE THE DEBT LIMIT, WE WILL BALANCE THE BUDGET IN 10 YEARS — something that even the Paul Ryan budget would not achieve. And all this is accomplished with no tax increases….

http://www.washingtonpost.com/opinions/how-the-tea-party-hobbits-won-the-debt-fight/2011/07/31/gIQALMrCmI_story.html

What a difference a year makes. This time in 2010, the Democrats controlled everything. They had passed Obamacare just 4 months before and although there was unsettling news in the wind, Nancy Pelosi proudly announced the Democrats would retain control of the House. Spending was the word of the day. Today, all that has changed.

No comments:

Post a Comment