Fifteen Trillion In The Hole And Counting

Everybody knew we were going to have to increase our debt, you can’t solve a problem this big overnight or turn around this much government spending on a dime. However, the inexplicable and incredibly shameful reality is, the Washington criminal enterprise gang that is Congress and Obama still haven’t cut anything yet. In fact, they’re still increasing spending.

Debt Clock Strikes $15 Trillion

With the deadline on the Super Committee looming, the Treasury Department said on Wednesday the U.S. national debt crept over the $15 trillion threshold this week, providing a fresh reminder of the unsustainable amount of borrowing on the government’s bloated balance sheet.

See also:
Federal debt tops $15 trillion
National debt crosses $15 trillion mark
U.S. debt passes $15 trillion milestone… and it just keeps getting worse
National Debt Hits $15 Trillion Mark as Super Committee Flounders
US debt hits £15 trillion as cut-off looms
The $15 Trillion Super Circus
Deficit committee locked in budget stalemate
At $15 trillion in debt
GOP pounces as national debt tops $15 trillion
IN HIS OWN WORDS: Republicans SLAM Obama For Allowing The National Debt To Break $15 Trillion
U.S. National Debt Clock

Th primary obstacle to getting our fiscal house in order is that Democrats flatly refuse to cut anything. They’re bizarre notion of “cutting spending” is to cut the rate of future spending increases. How insane is that? It’s a grim milestone and if Democrats don’t accept the obvious financial reality, and soon, our creditors and the markets will force draconian austerity on all of us. This isn’t Greece, is this Greece?

/vote Republican in 2012, adult swim, get the Democrat children out of the pool

Crazy Dayton Caves

Gee, apparently we can live within our means without raising taxes after all. The stupid part is that Governor Lunatic accepted the GOP proposal that they submitted before the shutdown even started. What a waste of two weeks. At least now, maybe Minnesotans will soon be able to legally fish and buy beer again.

Dayton Agrees to Republican Budget to End Minnesota Shutdown

Minnesota Gov. Mark Dayton and Republican leaders went behind closed doors at 2 p.m. Thursday to discuss a budget proposal with additional conditions that could end the state government shutdown. The trio emerged shortly after 5 p.m. to announce a “framework agreement” has been reached.

The meeting began after the governor sent a letter Thursday morning to House Speaker Kurt Zellers and Senate Majority Leader Amy Koch, saying he “reluctantly” agrees to accept the Republican budget proposal from June 30 if it will end the government shutdown.

See also:
Minnesota shutdown to end soon
Minnesota Government To Re-open As Gov. Dayton Caves On Tax Increases
Minnesota Gov. Ready to End Shutdown
Urgent: Dayton to accept last GOP budget offer
Budget Deal to End Minnesota Government Shutdown
Deal In Place To End Minnesota Shutdown
Minnesota government shutdown nears an end, but at what cost?
Minnesota budget deal pushes problem down the road
Doh! Minnesota shutdown could claim beer next
Minnesota shutdown puts MillerCoors beer sales in doubt
No free pass during shutdown; anglers must be licensed
DNR: No Honor System Fishing during Minnesota Shutdown
Some questions — and answers — about Minnesota budget deal and what happens next

Of course, the Republicans didn’t get everything they wanted and they still ended up spending more than their budget limit. But what are you going to do when the Governor, who has mental health issues, is willing to shut down the entire state to satisfy his obsession with raising taxes? And we still have to deal with Crazy Dayton for another 2 1/2 years, lucky us.

Anyway, now that this unfortunate episode is almost behind us, we can move on to more important things, like getting a new Vikings stadium approved. And I swear, If Dayton gets in the way of a new stadium and we end up losing professional football in Minnesota . . . well, he’d better have a real good hiding place.

/and remember, in the land of what might have been, if it weren’t for asshole spoiler little Tom Horner, we would have had a Republican governor to go along with the Republican legislature and Minnesota’s fiscal house would already be in order, without all of Dayton’s drama queen bull[expletive deleted]

Who’s Shutting Down Minnesota?

The Republicans have already passed a budget, but Governor Dayton won’t sign on to the deal unless it includes tax increases, a demand Republicans will not accept. Who will blink first?

State shutdown would be a leap into unknown

In 19 days, Minnesotans could endure the most wide-reaching government shutdown in state history, with little sense of when it might end.

Across the vast enterprise of state government, agency heads are scrambling to come up with closure plans. State leaders have no real playbook for blinking off such an enormous government machine, so they must wade into an array of wrenching decisions and legal scuffles, knowing they risk turning Minnesota into a national spectacle of partisan gridlock.

“We the citizens will lose immeasurably,” said former Gov. Arne Carlson, adding that Minnesota could become a test case for a wave of shutdowns in politically deadlocked states. “It raises serious questions about where America is going and where Minnesota is going.”

See also:
A shutdown looms, questions linger
State layoff notices sent as questions dominate
Minn. workers warned about shutdown layoffs
Minnesota sends layoff notices to prep for shutdown
Government shutdown would mean hiring freeze
OPINION | A shutdown ain’t nothin’ but a shutdown
No good from shutdown
AFSCME Urges Minn. GOP Lawmakers to Compromise, Avoid Shutdown
New lawmakers willing to negotiate, but not on taxes or total spending
A Q & A about Minnesota budget, possible shutdown

If the Minnesota government shuts down, who will be responsible or, to put it another way, who should take the blame? To find the answer, let’s go back to the 2010 election. Minnesota voters, for the first time in four decades, overwhelmingly swept the Republicans into control of both chambers of the legislature. Mark Dayton, on the other hand, was barely elected Governor by the narrowest of margins after a close recount. The message Minnesotans sent was crystal clear, they want lower taxes and less government spending, period. Minnesota is already one of the most highly taxed states, additional taxes would only make the state less economically competitive.

/so take your tax increase fixation and shove it up your ass Governor Dayton, the people have spoken, the Republicans have passed a budget, and if the Minnesota government shuts down, it’s your [expletive deleted] fault!

Running On Empty

Actually, we’re running beyond empty now. The United States can’t legally borrow any more money until Congress acts to raise the debt ceiling.

US government hits debt ceiling, lighting 11-week fuse

Treasury Secretary Timothy Geithner informed Congress on Monday that the United States has reached its legal debt limit, setting off a ticking time bomb that could explode in less than three months if lawmakers can’t bridge differences and allow more government borrowing.

In hitting the $14.3 trillion debt ceiling – the limit on how much the government can borrow – the Obama administration on Monday began temporarily halting payments to the retirement and federal pension accounts of federal workers and started borrowing from those funds, to be restored later.

Geithner sent a letter to Senate Majority Leader Harry Reid, D-Nev., warning that the government can move money around for about 11 weeks but if a new debt ceiling isn’t agreed to by Aug. 2, the U.S. government could effectively default on its obligations to its creditors. He warned of “catastrophic economic consequences for citizens” unless Congress raises the debt ceiling.

An increase of about $2 trillion is expected, enough to get the issue past the 2012 elections before Congress would have to lift it again.

Republicans who control the House of Representatives vow to link raising the debt ceiling to cuts in government spending of at least equal measure. In a combative statement Monday, House Speaker John Boehner, R-Ohio, upped the ante.

“As I have said numerous times, there will be no debt limit increase without serious budget reforms and significant spending cuts, cuts that are greater than any increase in the debt limit.” Boehner has called previously for $2 trillion in spending cuts as part of any deal to raise the debt ceiling.

See also:
US hits $14 trillion debt limit
US Hits Debt Ceiling, But Treasury Market Rules Out Default For Now
Deja Vu, But No Disaster: U.S. Government Hits Debt Ceiling
U.S. Hits Debt Limit, Sky Doesn’t Fall
U.S. hit debt limit today
Treasury Tapping Federal Retirement Accounts to Stave Off Default
Turbo Tim Raids Pension Plans
With Debt Limit Maxed Out, Lawmakers Hold Firm On Remedy
Rep. Jordan: U.S. won’t default if debt ceiling isn’t raised
U.S. National Debt Clock

Well, we hit the debt ceiling and, despite all the Democrat Chicken Little hysteria, the Sun didn’t explode, the seas didn’t boil, and the markets didn’t plunge thousands of points. Go figure.

/all I can say is that the Republicans had better stand firm and hold their ground this time and hold out for concrete, verifiable spending cuts that at least equal the amount of any debt limit increase

A Line In The Sand?

Does he mean it this time or will he cave to the out of control spending Democrats yet again?

Boehner says ‘trillions’ in cuts loom on debt vote

The top Republican in Congress wants trillions of dollars in spending cuts as part of must-pass legislation permitting the government to continue to borrow to fund its operations and meet obligations to investors.

House Speaker John Boehner, in a speech prepared for delivery Monday night, says it would be irresponsible to raise the so-called debt limit beyond its $14.3 trillion cap without a major effort to curb the spiraling deficit. He says the cuts should be larger than the amount of the permitted increase in the debt.

See also:
John Boehner’s tough talk on debt limit: a departure from history
Wonkbook: Boehner’s debt-ceiling demands
Boehner: Spending cuts should be greater than debt limit increase
Boehner really isn’t asking for that much to raise debt ceiling
Wall Street Takes Boehner Debt-Limit Speech In Stride
Speaker Boehner: Tax hikes are ‘off the table’
Speaker Boehner: Tax Hikes Are ‘Off The Table’
Republicans Rule Out Tax Increases in Battle With Democrats Over Debt Cap
John Boehner’s debt pitch has risks for GOP
Boehner’s debt-limit speech: Reactions from the Hill
Democrats and Republicans Spar Over US Debt Ceiling
Boehner reiterates GOP’s ransom demands
Obama aide: Boehner shouldn’t hold debt limit ‘hostage’ to spending cuts

So, have Boehner and the Republicans finally grown a spine? They talk the talk, but can they walk the walk? They’re on the right side of fiscal reality and American public opinion in this all the marbles battle for the country’s very economic survival. The stakes for our future literally couldn’t be any higher.

/hopefully, they won’t chicken out again, the last time they promised to stand their ground on spending cuts, it ended in a humiliating disaster for Republicans

Not Even If Hell Freezes Over

No way, no how, will I ever vote for TrumBozo the Clown. He’s a closet liberal, self-centered publicity whore lunatic, who’s dragging down the Republican brand and, unbelievably, making Obama look sympathetic and re electable by comparison. The freakish asshole probably voted for Obama last time.

The Right Bites Trump

The New York Daily News calls Donald Trump a clown. The Obama White House dismisses him as “a sideshow” who has, according to presidential adviser David Plouffe, “zero chance of being hired by the American people.”

See also:
Trump’s ‘birther’ tactics don’t sell
Duck, it’s The Donald running for president!
Is Donald Trump ‘the GOP’s Al Sharpton’?
Donald Trump slammed by Karl Rove, Republicans
Trump doubted Reagan
Shameless Media Complicit in Donald Trump’s McCarthy-ite Farce
How ‘The Donald’ could incite a trade war
US should ‘seize Iraq’s oil fields’ says Trump
Trump 2008: Bush ‘Evil;’ Praises Obama
Trump praises Pelosi
Game over: Gary Busey endorses Donald Trump for president

/Michael Ramirez

This is insane and ridiculous, TrumBozo the Clown gives loose cannons a bad name. Is it any wonder the elite liberal media is in love with TrmBozo and helping him suck all the oxygen out of the election coverage? It’s embarrassing, why are Republicans letting the Obama voting media try and choose our Presidential candidate, again? Remember media darling McCain? Republicans need to stuff TrumBozo back under his rock before he does irreparable harm to the Republican 2012 election chances and ensures an Obama reelection.

/the day TrumBozo forgets his hair spray, that double comb over will smother him in his sleep

Do We Have Your Attention Now?

This is a clear warning shot across this country’s economic bow and definitely not a good development.

U.S. Warned on Debt Load

A blunt warning Monday from a credit rating firm about the U.S. government’s mounting debt pushed stock markets lower and intensified political divisions in Washington about how best to tackle growing deficits.

Both the Obama administration and House Republicans scrambled to gain leverage from Standard & Poor’s changing its outlook on U.S. Treasury securities to “negative” from “stable.”

S&P didn’t lower its top-notch AAA-bond rating for U.S. government Treasury securities, and their prices initially fell but later rebounded amid optimism that the report could serve as a catalyst to force both sides in Washington to compromise.

See also:
US faces credit downgrade if debt not cut
UPDATE 3-White House, Congress under pressure from S&P move
S&P’s warning to Uncle Sam
Stocks sink after S&P downgrades US outlook
S&P Downgrade Of U.S. Debt Says Nothing New
Outlook change stokes political battle over US debt
JP Morgan’s Comments on the SP Downgrade…. “fiscal issues are serious”
Analysis: Obama plays down S&P outlook change
White House calls S&P downgrade political judgment
House Dems insist S&P warning means Congress should raise debt ceiling, no strings attached

Boy, all I can say is that Obama and Congress had better get off their asses and do something substantial to get our national debt problem under control. And they need to do it soon.

/and if you think we have serious fiscal problems now, just wait and see what happens if we ever lose our AAA rating, it will not be pretty

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