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Originally posted by MamaJ
Obama making threats to the elderly is just not cool. I do not care why he is doing it...did it....its been said and the elderly are now in more fear.
Originally posted by Bob Sholtz
reply to post by Annee
social security is actually a pretty good idea, though it could do with some changes. they counted on THEIR money being held in a separate account for them. now obama is threatening to withhold all the money they paid in.
it isn't right any way you look at it. if we were talking free money handouts, you could make that argument, but in this situation you can't.
Originally posted by Bob Sholtz
reply to post by Annee
social security is actually a pretty good idea, though it could do with some changes. they counted on THEIR money being held in a separate account for them. now obama is threatening to withhold all the money they paid in.
A "free market" is what built America - up until it started declining.
People should never rely on the government to take care of them. Ever.
You've probably heard that Aug. 2nd is the drop-dead date for a debt-ceiling deal. Nuh-uh, the White House tells Damian Paletta. It's actually July 22nd. Writing and passing the legislation takes some time, as does working the money through the Treasury Department. This can't be left until the last moment.
1) The administration is setting July 22 as the debt deal due-date, reports Damian Paletta: "The Obama administration believes congressional leaders must agree to a deficit-reduction deal by July 22 in order to raise the government's borrowing limit in time to avoid a default in early August, according to Democratic officials with knowledge of the negotiations. The government needs a week or two to write and pass the necessary legislation and take the steps necessary to avoid missing a payment. 'We're down to the wire,' one official said.
Originally posted by ren1999
Let's just wait and see if Obama lets those Capital Gains Tax Breaks expire. It is very important that they do.
Originally posted by simone50m
reply to post by Annee
People should never rely on the government to take care of them. Ever.
Nor should other countries, international banks, and big corporations.
Originally posted by calstorm
reply to post by Annee
So no one ever has unexpected life circumstances right? People never get pregnant despite being on birth controll, no one ever has their spouse walk of and leave them,
The Obama administration believes congressional leaders must agree to a deficit-reduction deal by July 22 in order to raise the government's borrowing limit in time to avoid a default in early August
Geithner was asked by host Mike Allen about the negotiations over default and the debt ceiling. 'I think there are some people who are pretending not to understand it, who think there's leverage for them in threatening a default," Geithner said. "I don't understand it as a negotiating position. I mean really think about it, you're going to say that-- can I read you the 14th amendment?'
Originally posted by poet1b
reply to post by nenothtu
A "free market" is what built America - up until it started declining.
That is where once again, you depart from reality. The U.S. does not have a free market economy, never has, and never will. It is a unrealistic ideology, and everytime conservative try to put such nonsense in place, Whether or not is in the U.S., Ireland, Iceland, Mongolia, or Greece, it is always the same result.
What turned the U.S. into the successful country that it is, is our well drafted constitution, with the balance of powers that establishes our Democratic Republic.
The U.S. economy has been regulated from the beginning, read the constitution.
When the U.S. economy is properly regulated it functions well. See the U.S. in the 50tie, 60tie, and the 90ties.
Ohm, and Reagan did not fix stagflation,
Carter inherited it from Ford/Nixon, and put in place the policies that finally ended stagflation.
Reagan is the guy who took us from being a creditor nation to being a debtor nation.
so july 22 to august 2 is the minimum time it will take to do all the paperwork and pass whatever they come up with, not the date we hit the debt ceiling.
geithner even brought up the 14 amendment, which confirms many suspicions that obama may use it.
Originally posted by simone50m
reply to post by Annee
I know that globalization is trying as hard as it can to dissolve my America, but Americans' history is -fighting- that kind of stuff. This country should focus on itself before all other (lesser) things. The Bible says to take the log out of ones own eye, before removing a splinter from someone elses. There'd be no angst about social safety nets here, had we not handed over our money to senseless incursions, banksters, other countries.