Wil Wheaton via twitter said:Dear Obama and Democrats: great job betraying and alienating and the people who supported you, chasing after the people who never will.
Wil Wheaton via twitter said:Dear Obama and Democrats: great job betraying and alienating and the people who supported you, chasing after the people who never will.
eznark said:
Diablos said:So basically revenues are going to be front in center in 2012, an election year, which is a big part of what the GOP wanted.
Fuck Congress. Boehner is such a little asswipe. "Too big to do in one step" my ass. Do your fucking job you PUSSY.
Averon said:You follow Will Wheaton? Better yet, there are Wheaton fans?!
Byakuya769 said:Seems like Will Wheaton doesn't know the meaning of compromise.
GOP holding the house is about as likely as russ feingold winning in 2010eznark said:There is roughly zero chance of the GOP losing the House in 2012.
Averon said:You follow Will Wheaton? Better yet, there are Wheaton fans?!
GOP holding the house is about as likely as russ feingold winning in 2010
seems to suggest that the debt limit is illegal more so than this seems suggests that people have the freedom to carry guns in a private business:The validity of the public debt of the United States, authorized by law ... shall not be questioned.
A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
Blergmeister said:This
seems to suggest that the debt limit is illegal more so than this seems suggests that people have the freedom to carry guns in a private business:
Dude Abides said:If Obama had balls, he'd be threatening to do this, rather than saying "My lawyers say big no no."
Dude Abides said:If Obama had balls, he'd be threatening to do this, rather than saying "My lawyers say big no no."
Manmademan said:is being tied up in impeachment trials over the next year or so the best thing for the country?
He'd probably win- but it would be really, really ugly.
Manmademan said:is being tied up in impeachment trials over the next year or so the best thing for the country?
He'd probably win- but it would be really, really ugly.
Manmademan said:is being tied up in impeachment trials over the next year or so the best thing for the country?
He'd probably win- but it would be really, really ugly.
It's the only thing that keeps me sane.eznark said:I have grown to love your eternal optimism, friend.
I think it's interesting that Obama's doing poorly in traditionally Democratic states like Michigan and Pennsylvania but holding his surprise Bush state wins from 2008. Nate Silver thinks we're entering an alignment period for elections, which I guess would go with that.PPP said:We still have Obama leading all comers in Virginia, even as he has a bad polling month otherwise. That state really might be his firewall
Bishman said:If I was Obama... 3-4 days before August 2, I would come out and say - "We have exhausted all options and have not been able to reach a bipartisan plan. Therefore, I want a clean debt ceiling bill on my desk. A up-down vote. You either want to raise the debt ceiling or you don't. And as I have said before - elections have consequences. We will see who's right in 2012. The American people do not want to see our country default. I expect it on my desk before the August 2nd deadline."
Like a boss, as I figured.PhoenixDark said:On a side note, Rick Perry is now favored to be the republican nominee on Intrade.
PhoenixDark said:On a side note, Rick Perry is now favored to be the republican nominee on Intrade.
Or the quality of the jobs.Plinko said:Perry and Romney are the only ones I see giving Obama a serious fight in this election--Perry moreso because of Texas' job record, regardless of how he was involved.
StopMakingSense said:Impeachment requires a criminal act, as defined by the Constitution, this should be settled in court.
People like to throw it around in instances it doesn't apply (like the action in Libya) because it grabs headlines.
Technically the House CAN impeach for whatever. But doing so would be suicidal.
The 14th Amendment option is a doomsday weapon... not because it will cause impeachment hearings, but because it's unlikely to really solve the problem. The issue here is not just whether granny gets paid or the bond market crumbles (both of which are very, very important for the wellbeing of many people)... It's also whether the "full faith and credit" of the US government has been undermined such that bond-holders wonder if they'll get paid in the future. That is dependent on how stable our political and fiduciary systems are perceived to be. The uncertainty bred by Presidential emergency powers being invoked to just pay the damn bills, plus the spectacle of impeachment over whether the President has the power to just pay the damn bills, will have a negative impact on our ability to borrow at low interest rates. And THAT is a potentially devastating blow to our ability to reduce the debt problem in the future.
Romney will bring the fire during the primary season, but if Perry's going to run, he's got this.Plinko said:Perry and Romney are the only ones I see giving Obama a serious fight in this election--Perry moreso because of Texas' job record, regardless of how he was involved.
Diablos said:Romney will bring the fire during the primary season, but if Perry's going to run, he's got this.
Invisible_Insane said:When I think about organizations that know how to promote growth, I definitely think of the IMF.
The IMF, Moody's, S&P, and all the other so-called credible evaluators of risk need to sit the fuck down and shut the fuck up.
It went on to call for specific actions to reduce spending - an area of intense debate between the Republicans and Democrats over how to cut the deficit.
Evlar said:The 14th Amendment option is a doomsday weapon... not because it will cause impeachment hearings, but because it's unlikely to really solve the problem. The issue here is not just whether granny gets paid or the bond market crumbles (both of which are very, very important for the wellbeing of many people)... It's also whether the "full faith and credit" of the US government has been undermined such that bond-holders wonder if they'll get paid in the future. That is dependent on how stable our political and fiduciary systems are perceived to be. The uncertainty bred by Presidential emergency powers being invoked to just pay the damn bills, plus the spectacle of impeachment over whether the President has the power to just pay the damn bills, will have a negative impact on our ability to borrow at low interest rates. And THAT is a potentially devastating blow to our ability to reduce the debt problem in the future.
Manmademan said:I can't recall Romney ever "bringing the fire" during the last round of primaries- instead he got repeatedly owned by Mike Huckabee.
DasRaven said:Well, Reid's plan looks like a great "call your bluff" offer to both sides.
<snip>
If the Reps can't accept this, they must be in it solely to strip safety net programs and protect the mega-rich. They aren't for that are they? *trollface.jpg*
Hell, I see this as a great deal on the assumption that in 2012, President Obama sticks with not renewing the Bush/Obama tax cuts. No revenues now, big revenues in 2013.
Yes, as opposed to that. The markets will be reassured if the debt ceiling problem goes away. Having it tied up in courts for years is NOT making it go away.Dude Abides said:As opposed to the stability and certainty of the current situation, where Congress has to repeatedly raise the ceiling and it turns into a political fight each time?
I know the above is the beltway consensus but it makes little sense.
The real question is what will an Obama vs. Perry matchup look like?PhoenixDark said:Yea. Now that he has a legitimate opponent with very little baggage (in conservative's eyes), Romney is going to be on the defensive just as he was in 08.
Bachman's honeymoon will be over the minute Perry jumps in
Evlar said:Yes, as opposed to that. The markets will be reassured if the debt ceiling problem goes away. Having it tied up in courts for years is NOT making it go away.
But that's exactly what we're talking about: Congress asking the courts to declare the President's issuance of bonds illegal. And there will be calls for that if he uses the constitutional option.Dude Abides said:It won't be tied up in court. It's a political question and the courts won't touch it.
If I'm a holder or potential holder of T-bonds I'm much more comfortable if I know it's up to one guy to decide whether I get paid rather than 536.
Evlar said:But that's exactly what we're talking about: Congress asking the courts to declare the President's issuance of bonds illegal. And there will be calls for that if he uses the constitutional option.
Evlar said:But that's exactly what we're talking about: Congress asking the courts to declare the President's issuance of bonds illegal. And there will be calls for that if he uses the constitutional option.
I understand your point, but the SC can only avoid so much; we know they will act if they feel they must to avoid a Constitutional crisis. See: Bush v. Gore.Dude Abides said:And that's precisely the type of situation that the SC doesn't want to touch, and why they've invented the political question doctrine.
Deku said:fuck, cuts with no new taxes?
what is wrong with you people.
ToxicAdam said:A government that fits our new normal.
Just have to let all the tax cuts expire...
Evlar said:I understand your point, but the SC can only avoid so much; we know they will act if they feel they must to avoid a Constitutional crisis. See: Bush v. Gore.
I am being jaded; I admit it; hard not to be in the context of the current madness. At any rate I'm only expressing what I believe could be market fears, not what I actually think must happen.
Why should the worst recession in almost a century be the new normal?ToxicAdam said:A government that fits our new normal.
Plinko said:Perry and Romney are the only ones I see giving Obama a serious fight in this election--Perry moreso because of Texas' job record, regardless of how he was involved.
The ferocious Texas drought is clobbering crops, thinning out cattle herds, decimating wildlife, and drying up streams and reservoirs, but it's also wreaking havoc deep underground, where the state's aquifers are dropping at a precipitous rate, experts say.
After nearly a year of scant rainfall, 100 percent of Texas is withering under abnormally dry conditions, according to the latest U.S. Drought Monitor, and 75 percent is in an exceptional drought -- the worst level.
The dip in groundwater levels is forcing many rural homeowners who depend on residential wells to spend $500 to $1,000 to have their pumps lowered or, worse, $7,500 or more to have deeper wells drilled.
Lee Weaver knew he was facing a serious problem when he watched his lawn sprinkler dwindle to a meager squirt at his home south of Fort Worth.
A half-dozen miles to the west, in a small Aledo-area development, Pete and Stephanie Baldwin were confronting the same sobering reality -- the well at their 10-year-old home with a St. Augustine lawn and an inviting pool was barely pumping.
As a result, the nine major and 21 minor aquifers that supply about 60 percent of the state's water supply are declining at alarming rates, groundwater officials say.
Most of the pressure on groundwater is coming along the Interstate 35 corridor, particularly around fast-growing cities such as Fort Worth, Austin and San Antonio where development is gobbling up ranchland and sucking up groundwater, Kaiser said.
Weaver suspects that's part of the problem around his 24-acre property, where four new subdivisions have sprouted in recent years.
"Twenty years ago, we thought we were moving to the country. The city has come to us," he said.
http://www.star-telegram.com/2011/07/23/3241673/drought-is-taking-toll-on-texas.htmlOthers say fracking for natural gas wells is also a drain. But Kaiser said all those new residential wells and the surge in natural gas wells in Texas are a drop in the bucket compared with agricultural use, which accounts for about 80 percent of all groundwater pumped annually.
"The Texas Water Development Board did a study a few years back and found the impact of all that natural gas fracking would have less than a 10 percent impact on aquifer levels," he said.
Watts says the impact of fracking has been noticeable. "They use a lot of water," he said.
"But so have subdivisions where they put two wells on every lot so they'll have enough for the landscaping," he said. "The aquifer levels are a lot lower than they were 40 years ago."
Drilling the gas well uses 1 million gallons of fresh water.
Fracing the well uses 3 million in the Barnett and over 13 million in the Eagle Ford.
None of this water can be returned to the watershed. Its gone.
The gas and oil industry has absolutely NO restrictions on the amount of water they can draw from an aquifer thanks to TRRC.
Gas and oil drilling is at a record high right now. 864 operating in Texas right now, meaning a minimum of 864 million gallons for fresh water being consumed.
Because there are no institutional incentives in place to avoid another one?Chichikov said:Why should the worst recession in almost a century be the new normal?
Steve King on default: Obama could be impeached
"Rep. Steve King (R-Iowa) said Monday that President Barack Obama would be impeached if the nation falls into default.
STOP talking about default, he wrote on Twitter. The 1st dime of each $1 of revenue services debt. Obama would be impeached if he blocked debt payments. C C & B!
http://www.politico.com/news/stories/0711/59836.html#ixzz1T9JLxLvP