[Plantagenet]

$this->bbcode_second_pass_quote('Cog', 'C')uts promised over a 10 year period are pure fantasy....

[pup55]

$this->bbcode_second_pass_quote('', 't')hey will likely make even deeper cuts in future budgets

[PrestonSturges]

$this->bbcode_second_pass_quote('pup55', '')$this->bbcode_second_pass_quote('', 't')hey will likely make even deeper cuts in future budgets

[Daniel_Plainview]

$this->bbcode_second_pass_quote('pup55', 'S')ince when has a Republican actually cut spending?

[Plantagenet]

$this->bbcode_second_pass_quote('pup55', '
')
What? Since when has a Republican actually cut spending?

[gollum]

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('pup55', '
')
What? Since when has a Republican actually cut spending?

[pup55]

Oh, to be sure the democrats are even worse, except there was an incidence in the 90's in which the budget was in balance, was it not?

So the credibility of either party on the issue of budget balancing is zero.

That is why I frankly don't understand the current uproar. It is clearly just posturing for the next election isn't it? Or, even worse, an attempt by the liberal wing and also the tea partiers to extort the system for extra benefits. Let's see, who was that guy from Nebraska that managed to extract money for his district in the last crisis? I can hardly wait to see what kind of BS is loaded into this one.

The sad part is, that the idiotic US electorate consistently puts up with it.

In the case of the democrats, it is at least intellectually honest: The voters are voting themselves benefits from the treasury. Vote for me and I will give you money. In the case of the Republicans, they manage to get 100 electoral votes every time by convincing the hillbillies in the US SE that they should vote against their own economic self-interest because of "values", i.e. religion, guns, abortion, while at the very same time, the majority of welfare recipients in the US are white. True.

It's schizophrenic. It's the result of 40 years of half assed education, lack of critical thinking, a multi billion dollar advertising campaign every four years that manages to convince people to forget the short-term past....

[PrestonSturges]

$this->bbcode_second_pass_quote('Daniel_Plainview', '')$this->bbcode_second_pass_quote('pup55', 'S')ince when has a Republican actually cut spending?

[Cog]

I don't if he does but I do

[pup55]

http://www.bea.gov/iTable/index_nipa.cfm

Please refer to the following interactive table.

There are a few incidences of government expenditures actually declining year on year, 1932 during the depression, 1946 when we were shutting down the war, 1954, and that was the last time. 56 years. WTF.

No one is really going to cut spending.

[Ferretlover]

Breaking news: Preident Obama announces a debt deal. Nothing like waiting til the last minute! But, that's how American governments work.

[Cog]

It still has to pass the House. This deal does not contain a balanced budget amendment which is something a lot of House Republicans insisted upon before they passed the now dead Boehner bill.

There is also the issue of a debt downgrade by the rating agencies. No way does this bill satisfy their requirements for a real budget deficit plan.

[Lore]

$this->bbcode_second_pass_quote('Cog', 'I')t still has to pass the House. This deal does not contain a balanced budget amendment which is something a lot of House Republicans insisted upon before they passed the now dead Boehner bill.

There is also the issue of a debt downgrade by the rating agencies. No way does this bill satisfy their requirements for a real budget deficit plan.

[Cog]

$this->bbcode_second_pass_quote('Lore', '')$this->bbcode_second_pass_quote('Cog', 'I')t still has to pass the House. This deal does not contain a balanced budget amendment which is something a lot of House Republicans insisted upon before they passed the now dead Boehner bill.

There is also the issue of a debt downgrade by the rating agencies. No way does this bill satisfy their requirements for a real budget deficit plan.

[Keith_McClary]

$this->bbcode_second_pass_quote('Lore', 'A')gree, but was hopeing we could get back to our regular broadcast of a crappy economy heading for the brink of no return.

[prajeshbhat]

$this->bbcode_second_pass_quote('', 'H')ypocrisy thy name is Libertarian
Posted on 22 September 2008 by Terry Chay
“Hours of interviews in Manassas Park turned up exactly one resident in favor of the bailout, a fellow in a Harvard T-shirt in a big house near the golf course. Richard Bejtlich, 36, who works in computer security for General Electric—its stock jumped dramatically Friday when the government banned short-selling of financial securities—says he’s a libertarian and normally wouldn’t support government intervention. But there’s no other way at this point, he says, because we’re in too deep of a hole and have been too profligate.” —“A Sense of Resentment Amid the ‘For Sale’ Signs”, Washington Post, September 22, 2008
Shorter Libertarian:

“I was for unfettered capitalism before I was against it.”

[PrestonSturges]

$this->bbcode_second_pass_quote('Cog', 'I') don't if he does but I do

[gollum]

$this->bbcode_second_pass_quote('prajeshbhat', '')$this->bbcode_second_pass_quote('', 'H')ypocrisy thy name is Libertarian
Posted on 22 September 2008 by Terry Chay
“Hours of interviews in Manassas Park turned up exactly one resident in favor of the bailout, a fellow in a Harvard T-shirt in a big house near the golf course. Richard Bejtlich, 36, who works in computer security for General Electric—its stock jumped dramatically Friday when the government banned short-selling of financial securities—says he’s a libertarian and normally wouldn’t support government intervention. But there’s no other way at this point, he says, because we’re in too deep of a hole and have been too profligate.” —“A Sense of Resentment Amid the ‘For Sale’ Signs”, Washington Post, September 22, 2008
Shorter Libertarian:

“I was for unfettered capitalism before I was against it.”

[prajeshbhat]

I think the reason socialism exists is because it has always sowed the seeds of revolution against the exploitative elites. Ironically in USA, the revolution will come from people who call themselves capitalists. Don't feel sorry for the multi-millionaire NEO_LIBERAL Democrats. Far from their socialist roots, these people are overwhelmingly pro big-banks. They deserve whats coming to them soon.

[Keith_McClary]

My bold prediction comes second.

First goes to whoever said they will "kick the can down the road", stand up and take a bow.