Posts tagged ‘Debt Limit’

November 21, 2011

Super Committe Set to Fail, Tea Party Identifies $9.7 Trillion in Cuts

by lewwaters

As we read of the so-called Super Committee set to fail, as we all knew it would, hundreds of Tea Party activists have identified $9.7 Trillion in budget cuts that could balance the budget, shrink government and set us on the road to fiscal responsibility.

They can expect to be ignored as Super Committee failure is what was expected to happen as Obama and Democrats received the $ Trillions of dollars for debt limit increases they desired this summer.

We all knew it was a sham and now we are seeing proof once again that Washington D.C. politicians are sticking it to taxpayers instead of doing what is needed to turn our stumbling economy around.

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August 8, 2011

Accusations, Finger Pointing & Blame Game. But no Viable Ideas

by lewwaters

As expected and as I predicted at the small Tea Party rally July 28, 2011, America’s credit rating has been downgraded from AAA to AA+, with expectations that it might even sink further. We didn’t need to allow that to happen, but in today’s air of hyper-partisanship, party power being more important than the good of the country on both sides of the aisle, it’s what we received.

Our problem remains our ridiculous staggering debt, now with the limit approaching $16 Trillion. Our elected officials seem only able to address the deficit between what they spend and what is received in taxes, spending greatly outpacing tax receipts.

Seeing how our Congress can only spend, spend, spend, we have lost the AAA rating we have depended on. The S & P Report cites among their reasons, “We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process.”

The left immediately focuses on “raising revenues,” increasing taxes on the wealthy, and completely ignores “containing the growth in public spending, especially on entitlements.”

Instead of rolling up their sleeves and setting to actually fixing the problems, what do we once again see?

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August 6, 2011

Debt Limit Increase Met Herrera Beutler’s Three Criteria

by lewwaters

Jaime voted for increasing the debt limit, along with several other Democrats and Republicans, against the wishes of the Tea Party. She said it “wasn’t an easy vote for me.”

Okay, but it seems to me she voted for the other proposals Boehner put forth that also raised the debt limit.

Listening to her explanation above, I can understand the first two criteria she outlines. But, for the life of me, I don’t understand how raising the debt puts a down payment on our staggering debt or how overspending is addressed by more increased spending.

I have never been able to balance my checkbook like that.

If the Chinese can get it, why can’t our congress?

“The only way the Americans have come up with to improve economic growth has been to take on new loans to repay the old ones. To eat May’s grain in April, however, will never be a permanent solution to a problem,” the official Xinhua news agency said.

August 5, 2011

John Kerry: “Media Has Responsibility to Not Give Equal Time to the Tea Party”

by lewwaters

Straight from the mouth of one those who have gotten us mired in this problem

The Wall Street Journal’s James Taranto says it best,

It’s rather galling for somebody who has never apologized for kicking off his career with such extravagant slanders to be lecturing anybody about ‘who’s real, who isn’t, who’s serious, who isn’t’.”

In case any have forgotten Kerry’s infamous lies,

They had personally raped, cut off ears, cut off heads, tape wires from portable telephones to human genitals and turned up the power, cut off limbs, blown up bodies, randomly shot at civilians, razed villages in fashion reminiscent of Genghis Khan, shot cattle and dogs for fun, poisoned food stocks, and generally ravaged the country side of South Vietnam in addition to the normal ravage of war, and the normal and very particular ravaging which is done by the applied bombing power of this country.

Thank you Swift Boat Veterans for Truth for exposing this guy in 2004 and keeping him from moving into the Oval Office.

Massachusetts, wake up!

August 5, 2011

Dealing With “Crazies?”

by lewwaters

With all of her claims of once being a “Senior Legislative Aid” to congresswoman Cathy McMorris Rodgers, how could she have not known what negotiating was like in Washington D.C.?

Voting to raise the debt limit by the largest amount in history is not courageous, it’s caving.

August 1, 2011

Herrera Beutler Screws Us and She’s Frustrated?

by lewwaters

I can’t say I’m surprised to one, see Jaime Herrera Beutler (R Wa 03) support the largest debt increase in the history of the nation, two express frustration over the deal she voted for and three, justify selling out constituents.

But that is just what she has done, Herrera Beutler admits frustration with debt-limit deal

No one else should be surprised either. This is a pattern seen during her brief tenure occupying a seat as 18th legislative district representative. After all, she didn’t bat an eyelid when she crossed the aisle to help Democrats strip the last $229 Million of the states Rainy Day Fund last year.

She justified that boner as to prevent a tax increase too, just as she did in voting for this sell-out debt limit increase.

She didn’t even bother to check out a bill she co-sponsored and twice voted for that would have forced childcare centers into the unions. That one she justified by claiming it would do such thing and having her then campaign manager, Casey Bowman issue a press release stating that I and any others exposing her record were “spreading false information.”

Herrera Campaigns Attempt At Damage Control

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July 26, 2011

Liberals Should Be Madder At Debt Limit Increases Than Conservatives

by lewwaters

Bottom line, Democrat or Republican, wrong is wrong and continually giving yourself permission to borrow more, never paying the debt down, is wrong. We taxpayers, Democrats, Republicans, Independents, Anarchists, Minarchists, even those who don’t give a hoot about politics are on the hook for Trillions of dollars in debt.

It has to stop and yes, it’s not going to be pretty, but we have to begin actually getting out from under this ever increasing debt.

All of the money going out in interest payments should be going into the country’s infrastructure, Veterans Benefits, necessary entitlement programs and yes, we may disagree on just which ones are really necessary. But, paying all of that interest to foreign investors, nations or even domestic investors amounts to nothing more than fattening the coffers of those wealthy who own our debt at the expense of struggling taxpayers.

The left continually condemns the wealthy, calls on them to “share in the sacrifice” and “pay their fair share,” yet the left also approves of giving them even more of our tax dollars in the form of interest payments on the debt by supporting yet another increase to the debt limit?

It doesn’t make sense that the left isn’t demanding even louder than we are for this madness to stop.