CALL ROTO ROOTER...

BLOOMBERG NEWS--House Speaker John Boehner often attacks the spendthrift ways of Washington.

“In Washington, more spending and more debt is business as usual,” the Republican leader from Ohio said in a televised address yesterday amid debate over the U.S. debt. “I’ve got news for Washington - those days are over.”

Yet the speaker, House Majority Leader Eric Cantor, House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell all voted for major drivers of the nation’s debt during the past decade: Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits. They also voted for the Troubled Asset Relief Program, or TARP, that rescued financial institutions and the auto industry.

Together, a Bloomberg News analysis shows, these initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion.

As Congress nears votes to raise the $14.3-trillion debt ceiling to avert a default on U.S. obligations when borrowing authority expires on Aug. 2, both parties are attempting to claim a mantle of fiscal responsibility.

They both bear some of the blame: Many Democrats contributed to the expenses that are forcing lawmakers to boost the nation’s debt limit, as have Republican leaders at odds over how much borrowing authority to hand President Barack Obama and when.

“There’s plenty of blame to go around,” for the debt, said Robert Bixby, executive director of the Concord Coalition, an Arlington, Virginia-based group that advocates for balanced budgets. “If there had been no Barack Obama, we would still be bumping up against the debt limit.’”

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[blindman]

Congressman Resigns in Sex Scandal By THE ASSOCIATED PRESS Published: July 26, 2011 at 4:07 PM ET
http://www.nytimes.com/aponline/2011/07/26/us/politics/AP-US-Wu-Sex-Scandal.html?_r=1&emc=na "WASHINGTON (AP) — Democratic Rep. David Wu of Oregon announced Tuesday that he will resign amid the political fallout from an 18-year-old woman's allegations of an unwanted sexual encounter with him. " .... comment: "unwanted sexual encounter" ? . the article continues .. " "The well-being of my children must come before anything else," Wu said in a statement. "With great sadness, I therefore intend to resign effective upon the resolution of the debt-ceiling crisis. This is the right decision for my family, the institution of the House and my colleagues." " comment;  this guy is crazy.  he should not wait for resolution of a crisis to resign, he is a crisis and should be arrested for initiating unwanted sexual encounters with children, aka attempted rape or rape itself.  no? the article goes on to say.. "  Wu attributed those to a period of mental health challenges that began in 2008 as marital issues led to a separation from his wife. " so.. comment:  mr. wu will stay on board till crisis is resolved, could be forever,  even though he is an accused rapist or attempted rapist with acknowledged mental health issues;  after all he is a duly elected representative. and so it was and is in the year 2011 in the u.s.a.  

and this icing for the cake ..

"Wu has a daughter, 11, and a son, 13. He is an attorney and received his law degree from Yale Law School. "

[StychoKiller]

He is an attorney and received his law degree from Yale Law School.

vs:

acknowledged mental health issues

Do the Math! :>D

[divide_by_zero]

The continuing resolution now has the $850+ billion Obama Porkulus cooked in, the economy apparently didn't notice when it went in, and shouldn't notice if it's taken out (except for all the DNC special interests it went to).  Real cuts right now, not this baseline crap.

[P-K4]

In the words of a Chicago gansta, "never let a crisis go to waste."  You can be sure that middle class taxpayers will bear the brunt of the legislation to support Wall Street and toxic debt write-offs. 

To believe these bozos are looking out for their constituents' well-being is like believing the ECB will save Greece. 

Even an "atomic-powered, super Roto Rooter" will not help. Lobotomies for all politicians that want to save Wall Street banksta's... then let them become greeters at the dollar stores.

[rossi]

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[bxy]

I agree with most of this, however, tax cuts are not spending.

[PulauHantu29]

I'm getting tired of these Washington Clowns...

http://1.bp.blogspot.com/_LHIWTmYm8Nc/Swnah_Ca32I/AAAAAAAAAHs/D8o87FnJd3...

[SWCroaker]

Congress holds the purse strings, but... Congress has shown itself incapable of being either trusted with national savings (SS trust fund egregious and abusive pilfering) or trusted to follow sane accounting (held to the standards of a private company, they would long since have been bankrupt and been cashiered in liquidation).

Any fix that seeks to rely upon a miraculous transformation of Congress in these two areas is delusional, therefore,...the only rational fixes must impose restraints on Congress that Congress demonstrably lacks.  That starts with sound money that can't be printed by the Government (or the Government's drug pusher).  It also probably involves a strict observance of only spending what is in current accounts, and absolutely everything goes on the budget; no "special" off-balance sheet cheats.  Tie maximum government income and body count to a set percentage of working age population, and you're well on your way to a sustainable form of economic/government existance.

Start by removing their abilities to cheat, fudge and steal.

[rossi]

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[CompassionateFascist]

None of which will happen w/o a Civil War. Coming soon to a nation near you.

[Sudden Debt]

The seal fits so perfectly!

It's clearly not the first time they had to suck it out.

But where does all that shit go to?

[walküre]

het belgisch parlement :)

[sodbuster]

Obviously, into the ears of the electorate- because they continue to elect the same treasonous clowns.

Where's the spellcheck?

[risk-reward]

Perfect.

[tamboo]

looks more like the pipeline to tel aviv if you ask me.

israeli congressional whore drain service sounds better imho.

https://secure.wikimedia.org/wikipedia/en/wiki/Symington_Amendment

dear congressman kike-

please retrieve all taxpayer funds that have been illegaly transferred to israel.

feel free to copy

[Cognitive Dissonance]

Banzai7, 

I've always wondered what that huge sucking sound was that was coming from DC. To be honest though, I'm sure some of the more enterprising Congressional critters are receiving sexual pleasure from this device as we speak. Once you cross over into wanton corruption, decadence and deviated preversion ain't that far behind.

https://www.youtube.com/watch?v=ud9zBKJJQe4

[StychoKiller]

Your comment reminded me of:

The Orgasmatron!

[flattrader]

Those "days" aren't over.

Cut, Crap and Balance doesn't touch Big Oil subisies.

An excerpt from my recent letter to my Congressman:

...I find it offensive that the Cut, Cap and Balance Act which you are co-sponsoring seeks to blance the budget on the backs of the poor, disabled, and elderly by cutting and capping social programs while preserving welfare for the wealthy.

Try saving a few bucks by ending subidies to corporate oil that would save $53 billion in taxpayer funds, by taking it away from the biggest oil companies. Even the former CEO of Shell Oil, John Hoffmeister, admits, "Big Oil doesn't need subsidies in the face of sustained high oil prices." The largest oil companies, between 2005 and 2009, have made a combined 485 billion dollars in profits. That's almost half a Trillion dollars.

No doubt you'll claim that eliminating these subsidies will increase the price of gas, but the Treasury Department reported that if a similar package of oil subsidies were cut, “world supply would fall by less than one-tenth of one percent.” Eliminating these subsidies would cause little or no impact on consumer energy prices in the immediate future. Closing the tax loopholes for big oil companies would recoup an estimated $45 billion over the next decade, money that currently pads oil company profits while doing nothing to lower gas prices.

Working, taxpaying families deserve better than to watch you throw away their tax dollar on subsidies, deductions and credits to other large companies that fired American workers and outsource jobs abroad....

Feel free to copy.

[newbee]

Dude, man you are truly clueless.  "Big Oil" ain't the problem.

[flattrader]

Since I doubt they'll take seriously my suggestion to "End the Fed," I want my fiat going somewhere else other than towards "welfare for the wealthy" and to further support corparate statism.

[Bobportlandor]

I find it offensive that Government employees have taken SS reserves and funded their pension plans.

I find it offensive Acorn a DNC politicaly run group recieved millions.

I find it offensive PBS is funded

I find it offensive Dept of Education has squandered trillions and produced nothing.

I find it offensive Government employees allowed the fed to come into existence

I find it offensive Government employees has grown to 22 mil

I find it offensive Government employees take bribes.

I find it offensive Government employees stopped us from drilling for oil.

I could go on for ever.

FEEL FREE TO GET A CLUE

[bourbondave]

Probably true but at this point does it matter who's fault it is?  They want us to argue about who is to blame as it distracts us from things getting much much worse.  The only thing that matters right now is in trying to stop bankruptcy, which may not be possible anymore.

[Dr. Engali]

I don't think bankruptcy is possible to stop. The math just doesn't work. The only option is to default through inflation.

By the way banzai great piece. I wish the American people would take heed.

[Cognitive Dissonance]

While we may not be taking much heed, it does appear that the banksters, Congressional critters and various other assorted thieves and miscreants do want us to give them head.

                  I'll pass.