The 112th Congress - The first Orange-American to be elected Speaker

[Priceless]

Re: The 112th Congress - The first Orange-American to be elected Speaker

That's all well and good Scooby, but Patman said they are corrupt and his word is his bond. Corrupt I say!!

The stock market still hasn't recovered from the devastation of the health care law.

[Handyman]

Re: The 112th Congress - The first Orange-American to be elected Speaker

I'm not conflicted at all. They should have buy one get one free specials or punch cards.

Double punch Tuesdays?

[Handyman]

Re: The 112th Congress - The first Orange-American to be elected Speaker

The stock market still hasn't recovered from the devastation of the health care law.

Yeah...I am not one for rubbing it in but that one always makes me smile

[Bakunin]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Yeah...I am not one for rubbing it in but that one always makes me smile

With all the extra money sloshing around thanks to the stupid actions of the Fed, it's hard to imagine speculative asset prices (such as stocks) dropping appreciably anytime in the short term. Further complicating the impact on the market is the enforcement of any law Congress passes - what happens at the regulatory stage is every bit as important as passing the legislation in the first place (see: 'financial reform'). I'd hazard a guess that with the many exceptions and loopholes that have likely been bought and paid for by various lobbying efforts, there will be minimal impact on most companies' bottom line (and the same can likely be said about the financial reform bill's impact on investment banks).

[KnowItAll]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Handy... you forgot a couple of things... PP is a corrupt organization... PP ignores the law at its own leisure in line with its own moral system and not one codified by law.

For that matter... les, you did the same as handy... and you know these aren't isolated incidents. That being said, why does the gov't have to subsidize PP? If we agree something needs to be subsidized then why does it have to go to PP? Frankly, not one dime should go to that corrupt law-breaking organization.

pretty sweeping, Pat,

I just looked up the allegations... I thought you were brighter than that.

[Kepler]

Re: The 112th Congress - The first Orange-American to be elected Speaker

The stock market still hasn't recovered from the devastation of the health care law.

It's almost as bad as the Clinton budget that destroyed American business.

[bronconick]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Handy... you forgot a couple of things... PP is a corrupt organization... PP ignores the law at its own leisure in line with its own moral system and not one codified by law.

For that matter... les, you did the same as handy... and you know these aren't isolated incidents. That being said, why does the gov't have to subsidize PP? If we agree something needs to be subsidized then why does it have to go to PP? Frankly, not one dime should go to that corrupt law-breaking organization.

*****http://imgs.xkcd.com/comics/wikipedian_protester.png******

(This is so going to become my favorite picture of all time)

[ScoobyDoo]

Re: The 112th Congress - The first Orange-American to be elected Speaker

It's almost as bad as the Clinton budget that destroyed American business.

Clinton didn't have anything to do with that. Just ask Bob.

[Foxton]

Re: The 112th Congress - The first Orange-American to be elected Speaker

I do wonder if we'll ever find out why PP is corrupt. Patman, won't you please enlighten us? If it's so self evident then you should have no problem validating what you just said.

[Kepler]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Good summary of the deal, which went down exactly how everybody other than the two fringes thought it would.

Money quote:

there will be things social conservatives like in this continuing resolution, but some of what they wanted was bargained away. That benefited Democrats, but it benefited economic conservatives even more.

which basically means: we all win. Most times when we cut the deficit (even a little), it's good. Any time social conservatives lose, it's good.

[theprofromdover]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Handy... you forgot a couple of things... PP is a corrupt organization... PP ignores the law at its own leisure in line with its own moral system and not one codified by law.

For that matter... les, you did the same as handy... and you know these aren't isolated incidents. That being said, why does the gov't have to subsidize PP? If we agree something needs to be subsidized then why does it have to go to PP? Frankly, not one dime should go to that corrupt law-breaking organization.

This sounds like a case of terminal sperm buildup. You should try getting laid.

[ScoobyDoo]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Good summary of the deal, which went down exactly how everybody other than the two fringes thought it would.

Yep. Republicans win again. Privatizing profits and socializing losses wins again. It's a win win for the American people, who by any rational definition are in the top 5%, cause no one gives a rip about the bottom 95.

[Bob Gray]

Re: The 112th Congress - The first Orange-American to be elected Speaker

I do wonder if we'll ever find out why PP is corrupt. Patman, won't you please enlighten us?

When you look to see if something is rotten, it makes sense to start by looking at its roots. Two words: Margaret Sanger

[Kepler]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Yep. Republicans win again. Privatizing profits and socializing losses wins again. It's a win win for the American people, who by any rational definition are in the top 5%, cause no one gives a rip about the bottom 95.

Scoob, if the Dems had a good enough hand they would have played it. I know stoking the outrage is an important part of gearing up for 2012, but save your powder for when we'll really need it. There are at least a half dozen votes with budgetary consequences coming in the next 6 months that are far, far more important than this was.

The TPers can try to bluff it out, but what last week proved was they can either be the RNC's beatch or nothing. That was step one of preventing the country from committing suicide and it gives Obama and the Dems the chance to present a real plan to attack the debt -- all the other ones have been exposed as, in varying degrees, unserious (Ryan) to flat out fraudulent (plans that depend on best case economic growth and magic pixie dust from further lowering taxes, "green" jobs, etc).

Step two is, the GOP having failed to do anything real about the deficit and debt, to see Wednesday what Obama's plan is. He should go big or go home. Completely means test all entitlements, bring the boys home, starve the Pentagon, and restore taxes to pre-Reagan levels. That is where I would begin to bargain.

(This would also be the only time when the Dems can actually substantively attack corporate welfare since no Republican could stand up and whine about his district's job losses without dying of whiplash when his opponent played back quotes of him worshiping at TP rallies. But that will never happen because Goldman and GE own both parties equally.)

If the Dems can take ownership of deficit and debt reduction the Republicans have literally nothing to run on in 2012 except the three G's, and those are luxury issues for prosperity elections. Plus it would be, you know, kind of good for the country to defuse the debt bomb before it goes off and we're living like 300 million Scotsmen.

[ScoobyDoo]

Re: The 112th Congress - The first Orange-American to be elected Speaker

Scoob, if the Dems had a good enough hand they would have played it. I know stoking the outrage is an important part of gearing up for 2012, but save your powder for when we'll really need it. There are at least a half dozen votes with budgetary consequences coming in the next 6 months that are far, far more important than this was.

The TPers can try to bluff it out, but what last week proved was they can either be the RNC's beatch or nothing. That was step one of preventing the country from committing suicide and it gives Obama and the Dems the chance to present a real plan to attack the debt -- all the other ones have been exposed as, in varying degrees, from unserious (Ryan's plan) to flat out fraudulent (plans that depend on best case economic growth and magix pixie dust from "green" jobs, etc).

We'll see Wednesday what Obama's plan is. He should go big or go home. Completely means test all entitlements, starve the Pentagon, and restore taxes to pre-Reagan levels. That is where I would begin to bargain.

Whatever passes will be closer to Ryan than Obama. It's been proven over and over again that the war is over and the Republicans won. David Gregory did a great job trying to expose Ryan. Hell, even Chris Wallace last week tried but he's getting an absolute skate. 5 minutes after Obama announces his plan Bachmann will hit the steps and it will be all over.