Debt-Ceiling Done. Let's Do Lunch!
Barack Obama was so pleased with the performance of his debt team that he decided to take them all to lunch at Good Stuff Eatery on Capitol Hill. It's a popular Washington hangout for those willing to admit they eat such unhealthy things as hamburgers and fries. I wish some of our locals had been on the team, because they're currently having problems buying hamburger, or any other form of meat.Before winging off to his $40,000.00 per plate "birthday dinner" in Chicago, Obama felt that he should treat his staff to some good old American food to celebrate saving America from the debt-ceiling crisis. He needed to get out of town fast, because by Tuesday, the federal debt was once again approaching the new debt limit. That day alone, the government spent about $239 billion. That's the largest one-day spending spree in American history (even as a simple percentage of the GDP). I suppose I should add the previous one-day high was on June 30, 2009, and it's going to be hard to blame that one on George W. Bush.
The current "solution" to the debt crisis may be the shortest fix in history as well. Obama stated that the increase in the debt-ceiling gave the government some room to maneuver. He should have added "until the crisis next week." "We have now averted what could have been a disastrous blow to the economy. And we have identified on the front end over a trillion dollars in spending reductions that can be done sensibly and safely without affecting core programs." We "identified" the spending reductions back with the Paul Ryan proposals. The problem is actually rolling up your sleeves and doing something about them.
The one-day increase in debt in fact nearly ate up sixty percent of the $400 billion Congress gave Obama for what was supposed to be the foreseeable future. But he has not yet begun to spend. He was merely holding back a few expenditures until the increase would not exceed the previous ceiling of $14,295,000,000,000.00 (I wrote that out just to see how many zeroes were involved in writing $14.295 trillion). Now all we have to do is wait for the debt commission (yes, an all-new and improved debt commission) to "identify" another $1.5 trillion in reductions by Christmas Eve.
Says Obama: "It's going to be challenging work, and I'm encouraging Congress to take it with the utmost seriousness (while I'm off campaigning)." OK, I added the last part. The President failed to tell us why people who can afford $40,000.00 for a seat at the Presidential birthday celebration don't just write some big checks to the US Treasury. In order to spend that kind of money for cake and ice cream, these people must be rich, and we all know the rich don't pay their fair share.
I'm betting we'll have hit our heads on the new debt ceiling by Thanksgiving at the latest. But not to worry. The debt-ceiling compromise allows for Obama to raise it again by a further $500 billion if the commission so recommends and Congress doesn't act to block the increase. I just hope Obama had a really good hamburger at the eatery to kill the smell and taste of the stinkburger he and Congress just fed us all.
It isn't only people on the right who are questioning the deal struck at the eleventh hour by the House and the Senate and hastily signed by the President. While we complain that the debt monster is growing at an ever-increasing rate because of a failure to make draconian cuts to federal programs across-the-boards, the left is equally unhappy. As a sample, On CNN, anchor Don Lemmon wondered aloud whether Obama should run in 2012 as a conservative because of the drastic cuts he allowed to be made to vitally important federal
On NBC's Today, MSNBC's resident money-man Jim Cramer chided the President for allowing the Republicans to push him into a debt-ceiling standoff that caused the price of stocks and bonds on Wall Street to fall. He didn't mention that the biggest fall started occurring at about the same time as the announcement of the deal and the one-day record increase in spending. MSNBC's Andrea Mitchell couldn't get to Obama directly so she did the next best thing. She attacked House Minority Leader San Fran Nan Pelosi for allowing the President to go along with a deal that doesn't include new increased taxes (she slipped and said "taxes" when the current fashion for the left is to say "revenue"). Asked Mitchell: "Is the President a bad negotiator? Did he give away too much?"
Between thee and me, I wasn't aware that the President did any negotiating at all. He waited until the last minute, then called in the offending Congress critters of both parties to tell them to work out a deal. He offered nothing of his own, and refused to soil his hands with petty refereeing. That's not negotiating, that's dictating. That's not a leader, that's a kibbitzer.
Debt-Ceiling Done. Let's Do Lunch!
Category : LawHawkRFDBarack Obama was so pleased with the performance of his debt team that he decided to take them all to lunch at Good Stuff Eatery on Capitol Hill. It's a popular Washington hangout for those willing to admit they eat such unhealthy things as hamburgers and fries. I wish some of our locals had been on the team, because they're currently having problems buying hamburger, or any other form of meat.Before winging off to his $40,000.00 per plate "birthday dinner" in Chicago, Obama felt that he should treat his staff to some good old American food to celebrate saving America from the debt-ceiling crisis. He needed to get out of town fast, because by Tuesday, the federal debt was once again approaching the new debt limit. That day alone, the government spent about $239 billion. That's the largest one-day spending spree in American history (even as a simple percentage of the GDP). I suppose I should add the previous one-day high was on June 30, 2009, and it's going to be hard to blame that one on George W. Bush.
The current "solution" to the debt crisis may be the shortest fix in history as well. Obama stated that the increase in the debt-ceiling gave the government some room to maneuver. He should have added "until the crisis next week." "We have now averted what could have been a disastrous blow to the economy. And we have identified on the front end over a trillion dollars in spending reductions that can be done sensibly and safely without affecting core programs." We "identified" the spending reductions back with the Paul Ryan proposals. The problem is actually rolling up your sleeves and doing something about them.
The one-day increase in debt in fact nearly ate up sixty percent of the $400 billion Congress gave Obama for what was supposed to be the foreseeable future. But he has not yet begun to spend. He was merely holding back a few expenditures until the increase would not exceed the previous ceiling of $14,295,000,000,000.00 (I wrote that out just to see how many zeroes were involved in writing $14.295 trillion). Now all we have to do is wait for the debt commission (yes, an all-new and improved debt commission) to "identify" another $1.5 trillion in reductions by Christmas Eve.
Says Obama: "It's going to be challenging work, and I'm encouraging Congress to take it with the utmost seriousness (while I'm off campaigning)." OK, I added the last part. The President failed to tell us why people who can afford $40,000.00 for a seat at the Presidential birthday celebration don't just write some big checks to the US Treasury. In order to spend that kind of money for cake and ice cream, these people must be rich, and we all know the rich don't pay their fair share.
I'm betting we'll have hit our heads on the new debt ceiling by Thanksgiving at the latest. But not to worry. The debt-ceiling compromise allows for Obama to raise it again by a further $500 billion if the commission so recommends and Congress doesn't act to block the increase. I just hope Obama had a really good hamburger at the eatery to kill the smell and taste of the stinkburger he and Congress just fed us all.
It isn't only people on the right who are questioning the deal struck at the eleventh hour by the House and the Senate and hastily signed by the President. While we complain that the debt monster is growing at an ever-increasing rate because of a failure to make draconian cuts to federal programs across-the-boards, the left is equally unhappy. As a sample, On CNN, anchor Don Lemmon wondered aloud whether Obama should run in 2012 as a conservative because of the drastic cuts he allowed to be made to vitally important federal
On NBC's Today, MSNBC's resident money-man Jim Cramer chided the President for allowing the Republicans to push him into a debt-ceiling standoff that caused the price of stocks and bonds on Wall Street to fall. He didn't mention that the biggest fall started occurring at about the same time as the announcement of the deal and the one-day record increase in spending. MSNBC's Andrea Mitchell couldn't get to Obama directly so she did the next best thing. She attacked House Minority Leader San Fran Nan Pelosi for allowing the President to go along with a deal that doesn't include new increased taxes (she slipped and said "taxes" when the current fashion for the left is to say "revenue"). Asked Mitchell: "Is the President a bad negotiator? Did he give away too much?"
Between thee and me, I wasn't aware that the President did any negotiating at all. He waited until the last minute, then called in the offending Congress critters of both parties to tell them to work out a deal. He offered nothing of his own, and refused to soil his hands with petty refereeing. That's not negotiating, that's dictating. That's not a leader, that's a kibbitzer.
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Best Beyblade Ever Amazon Product, Find and Compare Prices Online.Barack Obama was so pleased with the performance of his debt team that he decided to take them all to lunch at Good Stuff Eatery on Capitol Hill. It's a popular Washington hangout for those willing to admit they eat such unhealthy things as hamburgers and fries. I wish some of our locals had been on the team, because they're currently having problems buying hamburger, or any other form of meat.Before winging off to his $40,000.00 per plate "birthday dinner" in Chicago, Obama felt that he should treat his staff to some good old American food to celebrate saving America from the debt-ceiling crisis. He needed to get out of town fast, because by Tuesday, the federal debt was once again approaching the new debt limit. That day alone, the government spent about $239 billion. That's the largest one-day spending spree in American history (even as a simple percentage of the GDP). I suppose I should add the previous one-day high was on June 30, 2009, and it's going to be hard to blame that one on George W. Bush.
The current "solution" to the debt crisis may be the shortest fix in history as well. Obama stated that the increase in the debt-ceiling gave the government some room to maneuver. He should have added "until the crisis next week." "We have now averted what could have been a disastrous blow to the economy. And we have identified on the front end over a trillion dollars in spending reductions that can be done sensibly and safely without affecting core programs." We "identified" the spending reductions back with the Paul Ryan proposals. The problem is actually rolling up your sleeves and doing something about them.
The one-day increase in debt in fact nearly ate up sixty percent of the $400 billion Congress gave Obama for what was supposed to be the foreseeable future. But he has not yet begun to spend. He was merely holding back a few expenditures until the increase would not exceed the previous ceiling of $14,295,000,000,000.00 (I wrote that out just to see how many zeroes were involved in writing $14.295 trillion). Now all we have to do is wait for the debt commission (yes, an all-new and improved debt commission) to "identify" another $1.5 trillion in reductions by Christmas Eve.
Says Obama: "It's going to be challenging work, and I'm encouraging Congress to take it with the utmost seriousness (while I'm off campaigning)." OK, I added the last part. The President failed to tell us why people who can afford $40,000.00 for a seat at the Presidential birthday celebration don't just write some big checks to the US Treasury. In order to spend that kind of money for cake and ice cream, these people must be rich, and we all know the rich don't pay their fair share.
I'm betting we'll have hit our heads on the new debt ceiling by Thanksgiving at the latest. But not to worry. The debt-ceiling compromise allows for Obama to raise it again by a further $500 billion if the commission so recommends and Congress doesn't act to block the increase. I just hope Obama had a really good hamburger at the eatery to kill the smell and taste of the stinkburger he and Congress just fed us all.
It isn't only people on the right who are questioning the deal struck at the eleventh hour by the House and the Senate and hastily signed by the President. While we complain that the debt monster is growing at an ever-increasing rate because of a failure to make draconian cuts to federal programs across-the-boards, the left is equally unhappy. As a sample, On CNN, anchor Don Lemmon wondered aloud whether Obama should run in 2012 as a conservative because of the drastic cuts he allowed to be made to vitally important federal
On NBC's Today, MSNBC's resident money-man Jim Cramer chided the President for allowing the Republicans to push him into a debt-ceiling standoff that caused the price of stocks and bonds on Wall Street to fall. He didn't mention that the biggest fall started occurring at about the same time as the announcement of the deal and the one-day record increase in spending. MSNBC's Andrea Mitchell couldn't get to Obama directly so she did the next best thing. She attacked House Minority Leader San Fran Nan Pelosi for allowing the President to go along with a deal that doesn't include new increased taxes (she slipped and said "taxes" when the current fashion for the left is to say "revenue"). Asked Mitchell: "Is the President a bad negotiator? Did he give away too much?"
Between thee and me, I wasn't aware that the President did any negotiating at all. He waited until the last minute, then called in the offending Congress critters of both parties to tell them to work out a deal. He offered nothing of his own, and refused to soil his hands with petty refereeing. That's not negotiating, that's dictating. That's not a leader, that's a kibbitzer.
Product Title : Debt-Ceiling Done. Let's Do Lunch!
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