USCHO Fan Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
-
The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.
- Status
bronconick
Yep, still here
Re: The 112th Congress: Debt ceiling edition
No one with any sense wants to come back and do this **** again in December or January with the exact same cast of characters. Therefore, Boehner's bill is and should be dead. What would he need to prod the Tea Party with then if he already fired the balanced budget amendment?
On top of that, the manner in which they want to pass a constitutional amendment is unconstitutional because they can't get 2/3 of the House to vote for it.
It either goes 3/4 of state legislatures suggest to Congress a new constitutional convention to suggest new amendments or 2/3 of both houses of Congress send a bill to the states. It says nothing about passing a law with 51% of the House on to the States for ratification.
No one with any sense wants to come back and do this **** again in December or January with the exact same cast of characters. Therefore, Boehner's bill is and should be dead. What would he need to prod the Tea Party with then if he already fired the balanced budget amendment?
On top of that, the manner in which they want to pass a constitutional amendment is unconstitutional because they can't get 2/3 of the House to vote for it.
It either goes 3/4 of state legislatures suggest to Congress a new constitutional convention to suggest new amendments or 2/3 of both houses of Congress send a bill to the states. It says nothing about passing a law with 51% of the House on to the States for ratification.
Last edited:
unofan
Well-known member
Re: The 112th Congress: Debt ceiling edition
Running out of time. We already wasted 3 days on a bill that they said had no chance to pass. We have 3 days to go. Why the fark do you want them wasting more time on a bill that will go nowhere?
But you're right. Both sides are bad. So vote Republican.
Running out of time. We already wasted 3 days on a bill that they said had no chance to pass. We have 3 days to go. Why the fark do you want them wasting more time on a bill that will go nowhere?
But you're right. Both sides are bad. So vote Republican.
ScoobyDoo
NPC
Re: The 112th Congress: Debt ceiling edition
That appears to be the answer to everything.
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
MSNBC is reporting Reid has 57 votes in the Senate, not enough to break the filibuster. They are reporting Collins on his side, but she has said publicly that she will not vote for his bill. The other Republicans are Brown, Murkowski and Snowe. But based on discussion on the Senate floor last night, Reid may suspend the rules and just need a simple majority. Probably is irrelevant anyway since the House is going to vote down his bill today. The GOP leaders Boner and McConnell are supposed to speak at 3:30.
Meanwhile, MSNBC reports from Afghanistan that the soldiers aren't very happy. They're risking their lives, thousands of miles from home and they probably aren't going to get paid. In some cases it doesn't really matter (there's not a lot to buy in Afghanistan
) but for the guys who have wives and families depending on that money it's a real problem. In none of the scenarios I've seen do the soldiers get paid. That's a $2.5B bill that goes in the unpaid column.
Edit: The House has voted down the Reid bill. MSNBC reports Reid is en route to the White House.
MSNBC is reporting Reid has 57 votes in the Senate, not enough to break the filibuster. They are reporting Collins on his side, but she has said publicly that she will not vote for his bill. The other Republicans are Brown, Murkowski and Snowe. But based on discussion on the Senate floor last night, Reid may suspend the rules and just need a simple majority. Probably is irrelevant anyway since the House is going to vote down his bill today. The GOP leaders Boner and McConnell are supposed to speak at 3:30.
Meanwhile, MSNBC reports from Afghanistan that the soldiers aren't very happy. They're risking their lives, thousands of miles from home and they probably aren't going to get paid. In some cases it doesn't really matter (there's not a lot to buy in Afghanistan
) but for the guys who have wives and families depending on that money it's a real problem. In none of the scenarios I've seen do the soldiers get paid. That's a $2.5B bill that goes in the unpaid column.Edit: The House has voted down the Reid bill. MSNBC reports Reid is en route to the White House.
Last edited:
ExileOnDaytonStreet
Drunkard
Re: The 112th Congress: Debt ceiling edition
Not sure if you guys mentioned this earlier in the thread, but here's what the House has managed to accomplish while everyone's having this debt ceiling ****ing contest:
http://www.nydailynews.com/tech_gui...sp_snooping_bill_hr_1981.html?r=news/politics
Keep this in mind the next time your local member of the House tries mentioning personal privacy in their next campaign ads.
Not sure if you guys mentioned this earlier in the thread, but here's what the House has managed to accomplish while everyone's having this debt ceiling ****ing contest:
http://www.nydailynews.com/tech_gui...sp_snooping_bill_hr_1981.html?r=news/politics
Keep this in mind the next time your local member of the House tries mentioning personal privacy in their next campaign ads.
Re: The 112th Congress: Debt ceiling edition
So unless I'm missing something...the likelihood of getting a debt ceiling deal passed is still pretty decent. The likelihood of any larger deal is zero and partisanship and indefinite gridlock is 100%.
Not exactly a showcase for democracy.
MSNBC is reporting Reid has 57 votes in the Senate, not enough to break the filibuster. They are reporting Collins on his side, but she has said publicly that she will not vote for his bill. The other Republicans are Brown, Murkowski and Snowe. But based on discussion on the Senate floor last night, Reid may suspend the rules and just need a simple majority. Probably is irrelevant anyway since the House is going to vote down his bill today. The GOP leaders Boner and McConnell are supposed to speak at 3:30.
Meanwhile, MSNBC reports from Afghanistan that the soldiers aren't very happy. They're risking their lives, thousands of miles from home and they probably aren't going to get paid. In some cases it doesn't really matter (there's not a lot to buy in Afghanistan
Edit: The House has voted down the Reid bill. MSNBC reports Reid is en route to the White House.
So unless I'm missing something...the likelihood of getting a debt ceiling deal passed is still pretty decent. The likelihood of any larger deal is zero and partisanship and indefinite gridlock is 100%.
Not exactly a showcase for democracy.
bronconick
Yep, still here
Re: The 112th Congress: Debt ceiling edition
*Expecting some "protecting children bull**** name for the law*
*reads article*
*Is unsurprised*
Gotta vote to keep those children safe from the "Internet Pornographer"
Meanwhile, we'll gut the country to the point where prostitution is the highest paying job left.
*Expecting some "protecting children bull**** name for the law*
*reads article*
*Is unsurprised*
Gotta vote to keep those children safe from the "Internet Pornographer"
Meanwhile, we'll gut the country to the point where prostitution is the highest paying job left.
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
The likelihood of getting the debt ceiling raised is still pretty remote. What has to be considered is that any plan that moves far enough right to get through the House probably isn't going to get through the Senate. Anything that doesn't move far enough to the right will not get through the House.
I will say the deals being shopped around now are remarkably similar to what the GOP originally wanted (more actually...they wanted an 85/15 split, and all current deals are all cuts, not one dime in revenue). Why doesn't the GOP declare victory and move on?
The likelihood of getting the debt ceiling raised is still pretty remote. What has to be considered is that any plan that moves far enough right to get through the House probably isn't going to get through the Senate. Anything that doesn't move far enough to the right will not get through the House.
I will say the deals being shopped around now are remarkably similar to what the GOP originally wanted (more actually...they wanted an 85/15 split, and all current deals are all cuts, not one dime in revenue). Why doesn't the GOP declare victory and move on?
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
Reid has called all Senators to the floor. The reporters on the air say there is still no agreement. No idea what Reid wants. Orrin Hatch is speaking on the floor of the Senate now, apparently giving us a history lesson on interest rates.
Edit: Or as this tweet sums it up
Edit2: MSNBC is reairing Reid's speech from a while ago where he says he spent the afternoon with POTUS and they never got a phone call from the GOP leaders. McConnell and Boner had said at their press conference they were in negotiations with the president. President of what, they didn't say, but it apparently isn't the President of the United States.
Reid has called all Senators to the floor. The reporters on the air say there is still no agreement. No idea what Reid wants. Orrin Hatch is speaking on the floor of the Senate now, apparently giving us a history lesson on interest rates.
Edit: Or as this tweet sums it up
Edit2: MSNBC is reairing Reid's speech from a while ago where he says he spent the afternoon with POTUS and they never got a phone call from the GOP leaders. McConnell and Boner had said at their press conference they were in negotiations with the president. President of what, they didn't say, but it apparently isn't the President of the United States.
Last edited:
Re: The 112th Congress: Debt ceiling edition
Can't they just pass a simple last minute bill that only bumps the ceiling a bit...enough to avert default, downgrade, etc? One that doesn't cover any other budgetary issues?
Can't they just pass a simple last minute bill that only bumps the ceiling a bit...enough to avert default, downgrade, etc? One that doesn't cover any other budgetary issues?
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
They could. No one seems to have any idea where we are or where we're going.
They could. No one seems to have any idea where we are or where we're going.
Re: The 112th Congress: Debt ceiling edition
I have to believe a simple raising of the debt limit will be the answer to just give more time. Even with the tea party not getting the astronomical implications of running into the ceiling, I can't imagine a scenario where the government lets the country default on its loans.
I have to believe a simple raising of the debt limit will be the answer to just give more time. Even with the tea party not getting the astronomical implications of running into the ceiling, I can't imagine a scenario where the government lets the country default on its loans.
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
We won't default on loans...whatever happens, the bondholders will get their money. The key then is the govt can only spend money as it receives it (like ripping up all your credit cards) so the Treasury would have to pick who gets paid and who doesn't. Even in that scenario, you'd still pay your credit cards (probably) but do you pay the rent or the light bill? Heat or TV? You would have to decide what would get paid and what wouldn't. You also have to decide if you know the rent is due in mid-month, do you set that money aside or pay other bills and hope you have the rent money?
We won't default on loans...whatever happens, the bondholders will get their money. The key then is the govt can only spend money as it receives it (like ripping up all your credit cards) so the Treasury would have to pick who gets paid and who doesn't. Even in that scenario, you'd still pay your credit cards (probably
) but do you pay the rent or the light bill? Heat or TV? You would have to decide what would get paid and what wouldn't. You also have to decide if you know the rent is due in mid-month, do you set that money aside or pay other bills and hope you have the rent money?Re: The 112th Congress: Debt ceiling edition
In actuality, we hit the debt limit in May, and the treasury has been borrowing money from a fund of short term securities in which federal employees invest to keep the government from going bust: http://www.fedsmith.com/article/3006/debt-issuance-suspension-period-billion-your.html
In actuality, we hit the debt limit in May, and the treasury has been borrowing money from a fund of short term securities in which federal employees invest to keep the government from going bust: http://www.fedsmith.com/article/3006/debt-issuance-suspension-period-billion-your.html
Re: The 112th Congress: Debt ceiling edition
For example, McDonalds can get the naming rights to the Department of Agriculture -- see?
There are two arches, btw.
Can we sell naming rights to various US Government Buildings???We won't default on loans...whatever happens, the bondholders will get their money. The key then is the govt can only spend money as it receives it (like ripping up all your credit cards) so the Treasury would have to pick who gets paid and who doesn't. Even in that scenario, you'd still pay your credit cards (probably
For example, McDonalds can get the naming rights to the Department of Agriculture -- see?
There are two arches, btw.
P
Priceless
Guest
Re: The 112th Congress: Debt ceiling edition
The Washington Monument presented by Viagra?
Can we sell naming rights to various US Government Buildings???
For example, McDonalds can get the naming rights to the Department of Agriculture -- see?
There are two arches, btw.
The Washington Monument presented by Viagra?
Kepler
Si certus es dubita
Re: The 112th Congress: Debt ceiling edition
Jack Balkin, Yale Con Law professor, explains Obama is already using the 14th Amendment to prioritize in favor of honoring sovereign debt and avoid default. Hopefully that means the ceiling won't fall in on the international markets. Domestic checks will be the last to be written, so if we get past 8/2, government services will start to shut down and people will start to get furious -- hopefully, at the culprits (but more likely at everybody).
Jack Balkin, Yale Con Law professor, explains Obama is already using the 14th Amendment to prioritize in favor of honoring sovereign debt and avoid default. Hopefully that means the ceiling won't fall in on the international markets. Domestic checks will be the last to be written, so if we get past 8/2, government services will start to shut down and people will start to get furious -- hopefully, at the culprits (but more likely at everybody).
- Status