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Cantor Announces House To Vote On "Cut, Cap And Balance Act" Tomorrow
Just issued by Eric Cantor.
WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement regarding the White House’s veto threat against the Cut, Cap and Balance Act:
Tomorrow, the House will vote on Cut, Cap and Balance, a common sense proposal that will cut and cap federal spending to ensure that Washington begins to live within its means and put in place a Constitutional balanced budget amendment that will make balancing our budget the rule, not the exception. No one wants to default on our debt, and that is why House Republicans are bringing forth this plan to meet the President’s request for a debt limit increase with the necessary safeguards to make sure that we don’t continue to kick the can down the road. With millions of Americans out of work, we need to get the economy growing again and control spending here in Washington, and Cut, Cap and Balance is a path forward to do just that. As President Obama has not put forth a plan that can garner 218 votes in the House, I’d caution him against so hastily dismissing Cut, Cap and Balance.”
As was announced previously this legislation will be promptly vetoed by the president, which will put America back at square zero with just 48 hours left until July 22 as of midnight tomorrow. And since this whole thing has been scripted by some B-grade hack, we expect Jack Bauer to appear sometime on Wendesday and fix everything.
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Oh man , the president is not gonna like this.
You mean Mr Dont-Call-My-Bluff Bitch?
What kind of fucking moron even utters a statement like that?
In litigation, a jerkwater who is about to lose. Obama still thinks he's persuasive. He should realize he is no longer a mystery.
I see Oblahblah going all "german kid on the computer". Mooshell will just pass him another serving of pork rinds and grape soda comfort food to calm him down.
Eric Cantor is a posturing narcisistic lawyer (snake oil salesman)
Posture all you like Cantor, we know you've got to bring home the bacon for your vested interests (parasites) and the only way is to rape the taxpayer now or raise the debt ceiling (ie. rape the taxpayers of the future)
you were born yesterday to think we were born yesterday and don't know you're going to raise the debt ceiling because your greedy parasites won't stop their feeding frenzy of the countries productive people
..it is afterall their last dip at the well before your rotten self, your rotten Party and your rotten sponsors run for the hills leaving decades of debt (parsitical feeding) for others to clear up after you human criminal scum
Here's a Newsflash: we're coming after you to pay the bills you ran up... debt slave
OK, what's the punch line?
Eric is Judy?
and Teleprompter is Punch?
The American people undergo a televised vivisection?
Currently underway.
"Doctor, let's remove the wallet first."
Nice. Cut $100 billion in spending to increase the debt ceiling by $1 trillion.
Only in America.
Dude, that's like a 10:1 payoff.
10:1 Payoff in America is a deal in my book
You got to stay leveraged. The Bernank is covering everyone's back.
i'd say Bens posture is more the crone that bends over and takes it
(smack) "Thankyou Master, may i have another"
(smack) "Thankyou Master, may i have another"
He better get the KY out and start greasing those printing presses, the DC parasites will be along shortly with their demands to be bailed out of bankruptcy (again)
The problem here is that Obama thinks he's president...
The House and Senate can propose a constitutional amendment. The President has nothing to do with it and can not veto it. That said it requires a 2/3 majority in both the House and Senate to pass a proposed constitutional amendment and approved by 3/4's of the States. This can take upwards of 7 years to get an amendment passed. Even if this amendment passed all these hurdles the 7 or more years required for this procedure is going to take too long to "save" the country from default and disunion.
You're correct, also there is another reason why we very rarely if ever do constitutional amendments. It's because every tom, dick and sally will want other amendments (ban gays or whatever) to be also done at the same time. There is to much nickle and diming that will happen if they open up that can of worms. That July 22 date is almost here, and I truly believe that this isn't theater anymore. I think that chicken is being played and both sides are waiting to see who will blink. They seen Obama blink before, they believe he will blink again. Obama doesn't want to look week on this and so is trying to look strong. Boehner is waffling because he knows that Cantor has his eye on his job as speaker of the house. And McConnell is a snake in the grass, he's doing everything on the senate side to try to get Obama to agree to a trick and it hasn't worked yet.
HAHAHAHAHAHAHHA, oh stop it, stop it, HAHAHAHAHHAHAAHA
Jack Bauer?
Only MacGyver can fix the epic (some would say unprecedented) woes the global economy faces.
Give the man a chewing gum wrapper, paper clip, flint stone and some 12# fishing line, and kick Bernanke's ass to the curb, bitchez.
But look -
- 07-18 14:09: Freddie Mac says housing market unlikely to see double dip
At least that's under control, and we all know how incredibly credible Freddie Mac is. /sarcCorrect brother Truth,
The only way to fix this thing is to first remove all of the impediments to things actually getting fixed....the Bernanke, crony corporations, long time DC politicians, bankers bankers and more bankers....which means...
...this thing will not be fixed. So we are looking at a downgrade of our debt or a debt default. Either one of these because the parties involved will not allow anything to actually be fixed. And additionally, I believe Obama wants a default, anyway.
So good luck with all the status quo, it is only drama, everything will be fixed by Thursday sort of call.
**keep selling the long bond...that's the trade**
We should have took our medicine in 2008, like David Stockman, Kotlikoff, Ron Paul and many Austrian-Schoolers did or would have advised.
It would have been better to see Goldman's, JP Morgan's, GE's, BofA's, etc, etc. etc. stocks go to $1 or $0, have a Wall Street Bloodletting in full force (i.e. let the parasitic financial sector of the economy bleed out), in order to shore up Main Street (don't believe those who claim Wall Street saves or can save Main Steet; Main Street is having its ass taxed, raped and brutalized to subsidize the parastic financial elite, hence no true recovery and a further economic degradation on the way).
We should have took our medicine and the pain back in 2008, killed off the parasites, and re-set the table for true, organic economic growth, led by Main Street.
Hank Paulson, Jamie Dimon, Bernankincide and Krugman would have been unhappy, but WTF have they done for Americans or other global citizens except inflict a death by a million paper cuts upon them (they use boxcutters and not paper, though).
Absolutely 100% correct. Goldman people junked you.
You know it, Ned.
Any true business person who actually works honestly, whether with his or her hands or mind, and understands even the basics as to what makes real and sustained economic growth happen, and what makes nations wealthier rather than poorer, understands that Wall Street & Financial Fixers, who now have captured government and regulators, have bled the country too far close to death, and the parasitic shock is too much.
We're past the point of no return, now.
This is why defaulting on debts and massive deleveraging is the only option now, if real economic growth independent of debt expansion and money shuffling/paper pushing is ever to be had again.
Don't forget the Duct Tape.
Housing unlikely to see double dip, because it never came out of the first dip and is still plunging.
More Flim Flam. Hey, look over there!
maybe they'll find cantor with his legs, arms, genitals cut off, and claim it was suicide!
So any minute now we should be getting the end of the world speech/marshal law/first born children dying/etc
Yep that scare story is for public consumption.. the GOP and Dems have long since come to a under the table agreement that both their parasitical interests be left to feed on the carcuss of the United States of America without attempting to cut each others budgets ...hence never a balanced budget, never a budget cut, never any sanity ...just a feeding frenzy
It's Martial Law! I've seen this Marshal Law so many times I finally had to bring it up. No hard feelings. Milestones
will the last one out... please turn off the lights?
Beans, Bullets, and Bullion Bitchez!
Things are speeding up.
GET MOVING on your preparations!
Obama will probably throw another temper fit and walk out because this doesn't fit with his socialist ideaology...
Perhaps he will get so mad he could resign and go back to Kenya. /sarc
You didn't hear? His new middle name is Barack INSANE Obama!
And the alphabets are scurrying to get the Dem talking points delivered so as to make tonight's evening drivel.
How about cut $2 trillion in spending to increase the debt ceiling to $100 billion...
Bluff called Obama!
LOL at the Jack Bauer comment. What a fucking circus act this has turned out to be.
Where's the bread that goes with the circus?
I like to munch popcorn when watching a circus.
Barack Insane Obama is sure to veto it! Good! Then he can take the fall for the consequences!
Cut the crap and bulls__t - waste of time.
O thats right thats all they have to do.
Did I miss the part where they were going to start living within their means? 10 years from now they still aren't living in their means. What a bunch of Sh*t!
Obama can always run a lemonade stand in Kenya when this is all over, although that is doubtful!
Cantor is half the problem ... at least.
I can stand Boehner. Even the teleprompter at times. But this Steven Colbert impersonator...
Cantor is half the problem ... at least.
now, now don't blame the GOP's sock-puppet ...it's the cunts behind the scenes with their hands up his arse doing all the bleeding dry of America
Stop Paying Your Taxes ...defund this sham
Ultimately we either do as you suggest or there may well not be an entity that will be around to collect them. Milestones
Even if the House passes this bill the Senate won't, so Obama will never even see the bill much less veto it.
Cantor and Boehner want the vote on record for political purposes in next year's election. On Thursday or Friday they will pass a plan that Obama can live with.
Paging Mitch McConnell...
Our heros in the Senate will save the day.
I presume you are jesting? Gawd please---. Milestones
It won't ever reach Obama's desk.
But kudos to the House GOP for actually seeing what can pass. At least they're doing something.
+ $1600
Nice to agree with you chet.
Chet - bollocks mate
where do you think half the US Govts budget goes? ...down the greedy gullets of GOP sponsors. Why do you think President 'World Peacemaker' Obumma is Pro-War here, there and every fuking where? ...because he has the same sponsors (parasites) as GOP.
there is no "effort" being made in DC, only an image-damage limitation exercise on how to keep their sponsors feeding frenzy going without piercing the rice paper thin PR veneer they're nothing but a bunch of parasitical cunts feeding on its host, the small businesses and citizens of America
each and every Senator and Congressman is a spineless sock puppet, they wouldn't be in office if they weren't utterly playable
I hope it pásses and then Obama can veto it....that will be the end of his "Hope and Change"....
Then he will go around the law...."emergency" something to increase the debt....then we will have a Constitional battle upon us...that is when the House will Impeach him...and then it will get ugly in the streets where the Amish live....and I hope it does...
"this whole thing has been scripted by some B-grade hack..."
where is the hot blonde???
The Blowhorn. Take your pick but Kayla is MINE bitch.
This won't pass, and the trade-off is steep, but a balanced budget amendment would be a significant permanent step forward. Especially at this stage of the game.
Question is how big of a price will BHO pay by vetoing it if it were to make it to his desk? Queue the Propaganda Ministry (media) to diminish, demonize and deceive so that it never gets that far...
If any balanced budget amendment proposed is longer than a single page, it'll just be more BS for the SCOTUS to rubber-stamp in some fashion detrimental to the Public!
Better idea: repeal the 16th & 17th amendments, AND abolish the Fed and fractional reserve banking!
I guess since the american people arent 'professional politicians' as Obama says and therefore pay no attention to these kind of things, we dont get to see even a single number? We just hear theres a 'plan' here, and a 'plan' over there, and how many votes theyre likely to get.
Old McDonald had a plan, ey ey O. With a plan plan here and a plan plan there; Here a plan, there a plan; Every where a plan plan. Old McDonald had a plan, ey ey O. Gawd help us!! MIlestones
He couldn't call it Cut the Crap
So now the head sock puppets want an excuse to amend the Constitution they already routinely usurp and ignore, to force themselves to act responsibly for the first time ever.
They'll need to start by fishing the tattered remnants out of the Capitol commodes, wiping off the elephant & jackass $#!+ and taping them back together.
A graying emaciated rock star swearing off booze, coke and bitches would have more credibility.
Americans sure do have a fetish for ackward Official names & acronyms. Let us hope this one has some meat - need to justify the EUR shorts. :)
"As President Obama has not put forth a plan that can garner 218 votes in the House, I’d caution him against so hastily dismissing Cut, Cap and Balance.”"
Truly, if you consider this play as purely for the exposing of Barak Obama's complete lack of a leadership and fiscal acumen consider this:
The House will vote in favor because there are enough Republicans alone for it to be approved.
In the Senate Harry Reid has to bring up the vote or face an election day massacre-again. He has no current budget plan and enough Democrats don't want to deal with the consequences of not raising the debt ceiling + critical timeline of July 22nd I predict quick passage or Reid falling on the sword since his seats not up for 5 years.
And at the 12 hour the President will sit down to this truly historic piece of legislation and alone will face the consequences of either signing or vetoing the bill in what can best be described in real terms as, "The final question of admission that Obamacare and every other social program the Democrats duped the American People into since Woodrow Wilson is a lie and utter failure."
But be sure...there will be nowhere to hide.
Now THAT would be some Kabuki worthy of a standing ovation!
Considering how rarely the Republicans managed to achieve Congressional majorities over the past 100 years, you'd think they'd have spent some time undoing all the wasteful social spending back in the recent 'aughts instead of passing Medicare D and spending trillions on military adventures.
But here's hoping. Maybe they'll pull it off this time.
How many actors on this site constantly bash partisan arguments while touting the Republican party. It's as if pork and deficit spending weren't invented until 2009 when Obama took office.
That being said the US desperately needs to balance the budget and needs to do it ASAP. The problem is both sides have "pork" that they refuse to give up. The Democrats' pork seems to mostly consist of social programs and the Republicans' pork seems to mostly consist of "defense/offense" spending. The reason these morons can't cut spending is that no one wants to see their "pork" get slaughtered. They need to come together and cut both defense and social welfare programs to get this done.
I don't think it's that many posters, actually. The few die-hards just post a LOT.
Tea Party is doing good. Their letter to the Squirrel to get specific is genius, cuz the Squirrel is a moron, and when no reply occurs, and as they have no majority to pass jack, they can vote against a debt limit raise. Did I lose any of you morons?
Let me be clear. Put up a plan or deal with an immediate $1.6 trillion spending cut.
So simple, even a caveman can get it.
Just was reinforced with Coburn's plan.
There are* (wow, wtf happened to me?) too many politicians in this plan for it to work.
Yes, let's throw grandma and the disabled under the bus, and throw everyone off employment before we have jobs. That will surely create a sound economy.
Bull fucking shit. Everyone that's not directly involved with Operation Global Gobble is going to get shit on.
SO pessimistic! Has it occurred to you that there's big bucks in Military spending that could be cut instead?
Eric is The Man!