Debt Ceiling Primer: How does the debt ceiling work and why does it matter?
Next time we hear them talk about compromise, go buy some KY Dakinikat at Skydancing
Congress’ mishandling of debt ceiling and deficit is surreal Suze Orman
Rightward Tilt Leaves Obama With Party Rift
He’s even losing some of the obots. Imagine that.
Check out this graphic representation.
Bwaaahahahahahaha
{ 17 comments… read them below or add one }
Headclunker 07.31.11 at 2:16 pm
It is hard to believe BO stinks more than I ever thought he possibly could. I kept telling myself, I was just being negative and that it is easy to sit in your armchair and criticize. He could not possibly be as bad as I thought he was and still get put in office. But I was wrong. I gave BO way too much credit when I said he was a grafter from Chicago come to pillage whatever the Bushwackers had not plundered.
The Obozo circus is beyond belief.
DancesWithPumas 07.31.11 at 2:34 pm
Reposted from downstairs:
Zee 07.31.11 at 10:44 am
omg… maybe some of you have heard that Harry Belafonte, of Day-O and civil rights fame, has recently criticized the Zero as having “failed” because he “lacks moral courage.” Well, as I was perusing the various reports, looking for a full transcript, I found a transcript on an interview Belafonte did with Amy Goodman in January. Belafonte recounts that during the 2008 election he was holding back some of his fire and trying to encourage Zero behind the scenes to deal with the banksters more forcefully. And Zero whined, “when are you … going to cut me some slack?”
Belafonte answered, “what makes you think we haven’t been?”
Two bubble-boys in a row in the White House, who had to be coddled and couldn’t take the least criticism. Compare with what Hillary had slung at her nonstop! (And Bill, too.)
http://www.democracynow.org/2011/1/26/harry_belafonte_on_obama_he_plays
stoney42 07.31.11 at 7:08 pm
The debt ceiling mess.
That is exactly what it is – A MESS.
Obama is not a leader, never has been, and never will be. Congress has gone wacky with no guidance.
HP Boston 07.31.11 at 7:28 pm
What the hell is wrong with the congresscritters!
A gang of six? A new bunch on a new committee? Do we not have a full house and a jammed Congress? Did only a few draw straws to work? They all freaking infuriate me…..the leader of this clusterfuck is the worst.
President George W. Barry o Bama.
HP Boston 07.31.11 at 7:36 pm
I love Suze Orman..she is the reason I have money in the bank. The old saying cash is king is very true, and my saying Wall Street is no place for my money! Glad I read up and listened to Suze way back in 1997!!
I do not agree with her push for long term care insurance..way to expensive and insurance companies can not be trusted.
DancesWithPumas 07.31.11 at 9:47 pm
HP
Suze was my stockbroker way back in the early 80s, she was basically just starting out then. She’s a righteous woman.
DancesWithPumas 07.31.11 at 10:05 pm
The Obama Republican Party Deficit Deal — Hope and Cave
“…BUT Obama may have negotiated a primary challenge in return.”
http://thenewcivilrightsmovement.com/the-obama-republican-party-deficit-deal-hope-and-cave/politics/2011/07/31/24645
DancesWithPumas 07.31.11 at 11:09 pm
Paul Krugman: Debt Ceiling Deal Is Going To Make Unemployment Worse
http://www.politicususa.com/en/paul-krugman-debt-ceiling-deal
DancesWithPumas 07.31.11 at 11:44 pm
The President Surrenders
By PAUL KRUGMAN
Published: July 31, 2011
http://www.nytimes.com/2011/08/01/opinion/the-president-surrenders-on-debt-ceiling.html
Zee 08.01.11 at 12:25 am
Girls, I have no idea what you are saying but I believe it’s bad. :/
And thanks, Dances…I can Not believe Zero is such a cipher he’d whine “cut me some slack!!”
He was given every slack possible!
prplvette85 08.01.11 at 7:20 pm
oh sorry here is a link with some partial info on the student loans.
http://www.huffingtonpost.com/2011/08/01/debt-deal-pell-grants_n_915442.html?utm_source=twitterfeed&utm_medium=twitter
The compromise would eliminate the federally subsidized student loan program for almost all graduate and professional students. Unlike private student loans, federally subsidized loans do not accumulate interest while students are in school.
The agreement also would bar the Department of Education from running certain programs that encourage borrowers to repay their loans, which would save the government more than $21 billion over 10 years, according to CBO estimates. Borrowers who pay on-time will no longer get rebates off certain fees, effectively paying more on up front costs, but borrowers who pay through electronic debiting would still be given interest rate reductions.
p.s. Matthew told me about this about a month ago, so this was already in the works from the fakerinchief. Harvard had warned him about this a couple of weeks ago, and told him America was going to lose a lot of great men and women in the medical field because of what he has done to the economy
Simonson 08.02.11 at 12:43 pm
Didn’t you guys all vote republican? You should be pleased.
goofsmom 08.02.11 at 9:02 pm
Simonson,
#12 – I hope you are kidding.
Simonson 08.04.11 at 7:09 am
Not kidding at all – I was here during the 08 campaign, and at least half of you PumaPAC guys (if not more) said you were going to vote republican. If you voted republican, and got a republican (or republican-style) president, I’d say you got what you wanted.
goofsmom 08.04.11 at 4:47 pm
Simonson,
#14 – No we didn’t get what we wanted. We wanted HRC and she won. The fact that the primary was stolen from her, left us with few choices. Which, if you were truly here in 2008, you would have understood.
Your numbers are exaggerated. Most didn’t vote for President, some voted for the Reps and quite a few others voted 3rd party.
If you are coming here to start something, please at least have your facts straight. We didn’t want the Reps, but even back then we sure as hell didn’t want Bobo! So, please go be snide somewhere where it is deserved.
Simonson 08.06.11 at 6:48 pm
Not coming here to start anything, just pointing out the unmissable irony.
Delle 08.07.11 at 5:23 am
S&P warns of a 2nd downgrade if government can’t cut spending!
http://www.politico.com/news/stories/0811/60803.html#ixzz1UIySO373
Yikes!
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