Financial Polarization and Corruption: Obama’s Politics of Deception | |
Anonymous Coward User ID: 3239511 United States 10/14/2011 09:43 PM Report Abusive Post Report Copyright Violation | |
LoVeLiGHT420
(OP) User ID: 2313423 United States 10/15/2011 01:26 AM Report Abusive Post Report Copyright Violation | I say, throw all of these criminals into prison for selling this country out and start a new electoral process that eliminates the lobbyists and special interest groups from the electoral process. I guess that kind of common sense argument doesn't make sense to most of these political pundits in the MSM though. Obama Exploits ‘Super Committee’ to Push Job Plan [link to www.thefiscaltimes.com] The new congressional “Super Committee,” created to help cut $1.2 trillion or more from the long-term deficit, is being exploited by President Obama as a vehicle to promote his new $447 billion jobs program, greatly complicating the panel's daunting task. Republicans are steaming over Obama's proposed $400 billion in tax increases on high earners, and once again, the possibility of the two parties uniting in order to pass legislation is fading. Republican members of the 12-member bipartisan committee, which held their first public hearing Tuesday afternoon, were clearly irked by Obama's request to include his jobs program in their discussions with some fretting that there won’t be enough time before their Nov. 23 deadline to reach consensus on an adequate deficit reduction plan. “This proposal would make the already arduous challenge of finding bipartisan agreement on deficit reduction nearly impossible, removing our options for deficit reduction for a plan that won’t reduce the deficit by one penny,” Rep. Jeb Hensarling, R-Texas, the committee co-chairman, said. “It's not the role of this committee to spend more money we don't have on jobs we don't get.” This is not the first time Obama has used a prominent deficit-reduction panel for strategic purposes. He created a presidential fiscal responsibility and reform commission in early 2010 to recommend ways to reduce the deficit in part to buy time before he had to address the problem directly. And after the commission, headed by Democrat Erskine Bowles and Republican Alan Simpson, released its recommendations last December, the president declined to endorse the proposals for $4 trillion of long-term savings. “I think the administration should have the responsibility for providing the details and not ducking it to the committee,” said Charles Kolb, president of the Committee for Economic Development, a business lobbying group. “There’s been a pattern with this administration of asking somebody else to do the work. At some point you’ve gotta bite the bullet and do it yourself.” During today's meeting, Douglas Elmendorf, director of the non-partisan Congressional Budget Office, told the committee it needs to more than double its mandated $1.2 trillion deficit reduction goal to significantly make a dent in the long-term national debt – and that might well require increasing tax revenues. “The nation cannot continue to sustain the spending programs and policies of the past with the tax revenues it has been accustomed to paying,” Elmendorf said. “Citizens will either have to pay more for their government, accept less in government services and benefits, or both.” To visit my blog just search: VILE: Vatican Illuminati Lies Exposed "What we do in life ripples in eternity." ~ Marcus Aureliu If you seek truth you will not seek victory by dishonorable means, and if you find truth you will become invincible. -Epictetus |
LoVeLiGHT420
(OP) User ID: 2313423 United States 10/15/2011 01:55 AM Report Abusive Post Report Copyright Violation | [link to video.godlikeproductions.com] To visit my blog just search: VILE: Vatican Illuminati Lies Exposed "What we do in life ripples in eternity." ~ Marcus Aureliu If you seek truth you will not seek victory by dishonorable means, and if you find truth you will become invincible. -Epictetus |
Anonymous Coward User ID: 3328811 India 10/15/2011 04:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1276778 United States 10/15/2011 05:35 AM Report Abusive Post Report Copyright Violation | The many faces of Obama [link to obummer.webclik.com] |