Tag Archives: debt ceiling

Let History Huzzah for South Carolina

Posted on July 30, 2011 by DRenegade

Yesterday’s votes for debt ceiling legislation showed America which representatives and senators are willing to make the hard choices to solve our nation’s addiction to spending. Most politicians voted along party lines knowing that the legislation was not a solution but another band-aid … Continue reading →

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Twenty-two Republicans Who Drew the Line in the Sand

Posted on July 29, 2011 by DRenegade

John Boehner’s debt-ceiling bill passed the House tonight with the minimum votes needed: 218. All of North Carolina’s Republican representatives supported this measure to raise the debt ceiling even though the cuts over ten years will make no difference in our economic … Continue reading →

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What Are The Consequences If A Debt Deal Is Not Reached According To The IMF?

Posted on July 29, 2011 by DRenegade
http://www.youtube.com/watch?v=LuvdoR49ZUM”>httpv://www.youtube.com/watch?v=LuvdoR49ZUM

Christine Lagarde is the IMF’s managing director. In the following videos, she outlines her thoughts on the consequences of Congress not addressing the debt ceiling by the August 2nd deadline. Watch her demeanor in this first video from two weeks ago: httpv://www.youtube.com/watch?v=LuvdoR49ZUM … Continue reading →

Posted in Editorial, Financial | Tagged , , , | 1 Comment

DEBT DEBATE, CREDIT RATING & HYPERBOLE

Posted on July 28, 2011 by DRenegade

Our elected officials in Washington, DCare embarrassing themselves, and those of us who voted for them…again. What is it about human nature that causes us to reach the point of brinkmanship?  Rhetorical of course, though here we are again witnessing … Continue reading →

Posted in Editorial, Financial | Tagged , , | 3 Comments

Why Would Standard & Poor’s Change Its Position on Our Credit Rating?

Posted on July 28, 2011 by DRenegade
http://www.youtube.com/watch?v=SeldwfOwuL8″>httpv://www.youtube.com/watch?v=SeldwfOwuL8

As outlined in an earlier article, Standard & Poor’s statement on July 14th required verifiable spending cuts of $4 trillion in order to maintain our nation’s triple A credit rating. Although all debt ceiling plans currently in play do not address … Continue reading →

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The Tea Party Hobbits Can Return to Middle Earth Having Defeated Mordor?

Posted on July 28, 2011 by DRenegade

So this is what the old guard Republican Party thinks of the Tea Party movement to restore our country and Constitution: Sen. McCain made the following statement in the video: The Tea Party hobbits can return to Middle Earth having defeated … Continue reading →

Posted in Editorial, Financial | Tagged , , , | 5 Comments

The Definition of a Petulant Child

Posted on July 28, 2011 by DRenegade
http://www.youtube.com/watch?v=XvijyBIgazE”>httpv://www.youtube.com/watch?v=XvijyBIgazE

Debbie Wasserman Schultz made the following comment today: “Aren’t we at the point where the closer we get to chaos, the more concern that  there should be about coming to the table and compromising with Democrats? This is not leadership. … Continue reading →

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If You Can’t Fix It, Do A Comedy Routine

Posted on July 27, 2011 by DRenegade
http://www.youtube.com/watch?v=-usmvYOPfco”>httpv://www.youtube.com/watch?v=-usmvYOPfco

I watched C-Span2 in disbelief as Al Franken gave his talk on the debt ceiling today. I understand the use of hyperbole to give his view of our fiscal crisis but is this the time for theatrics on the floor of … Continue reading →

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This Debt Debate Nonsense

Posted on July 27, 2011 by Larry

Here’s is a common sense article that explains how simple this whole thing is to make go away. It just shows how the politicians, all of them, want to hold us captive. How the gov’t could save $1.6 trillion and … Continue reading →

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TREASURY SEC. GEITHNER REVEALS FAILURE OF LEFT by Frank Roche

Posted on July 25, 2011 by DRenegade

On this week’s, Fox News with Chris Wallace, Treasury Secretary Tim Geithner aggressively revealed a damming truth while laying out his case for raising America’s debt ceiling. Geithner, on the defensive (seems like he has been since he was plucked … Continue reading →

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Boehner Says Republicans Must ‘Sacrifice’ to Avoid Default

Posted on July 24, 2011 by DRenegade

The Speaker of the House of Representatives has announced that Republicans must sacrifice to avoid default by raising the debt ceiling. I have several issues with Mr. Boehner’s statement. Not raising the debt ceiling does not mean default. Raising the … Continue reading →

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Ron Paul Presents the Choices on the Debt Ceiling

Posted on July 24, 2011 by DRenegade
http://www.youtube.com/watch?v=mzMj6862o8Q”>httpv://www.youtube.com/watch?v=mzMj6862o8Q

httpv://www.youtube.com/watch?v=mzMj6862o8Q

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The Buck Ended Here

Posted on July 24, 2011 by DRenegade

The debt ceiling “crisis” is on center stage today. I received an email again today with the following quote from then Sen. Obama in 2006: “The fact that we are here today to debate raising America’s debt limit is a sign … Continue reading →

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The Tea Party is Playing Russian Roulette and They Will Lose

Posted on July 23, 2011 by DRenegade

John Boehner will present a plan to raise the debt ceiling by Sunday (July 24th) evening. This deadline is to prevent a “roil” when the Asian stock markets open tomorrow night. Keep in mind that this will only be a … Continue reading →

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CongressCritter Price and the Debt Ceiling

Posted on July 22, 2011 by Hans

Dear CongressCritter Price I did not write to you to solicit your view on the debt ceiling… I gave you a specific instruction: DO NOT RAISE THE DEBT CEILING. Do not lie to me by implication. “Default” is a threat … Continue reading →

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