MrScorpio
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Fri Jul-22-11 06:10 PM
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"Mr. Obama is....adamant that we cannot make fundamental changes to our entitlement programs." |
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Obviously, the Boehner has Obama just where he wants him.
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emulatorloo
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Fri Jul-22-11 06:11 PM
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sabrina 1
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Fri Jul-22-11 06:12 PM
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2. Maybe the American people and his own Party finally |
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got through to him.
This is what he should have been all along.
Although I'd like to know why they are even being discussed in this debate having nothing to do with the deficit, SS that is.
If he stands by those programs, HE will win, which is what we've been trying to tell him all along.
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kenny blankenship
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Fri Jul-22-11 06:20 PM
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4. Or maybe Boehner is LYING perhaps? |
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Could he be lying about the negotiations and President Obama's position and offers? Would it be in his character to make statements that were untrue? Has he done so before? Would it serve his purposes within Puke party intramural politics, and amongst the general electorate to be lying now?
I think so.
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Johonny
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Fri Jul-22-11 09:39 PM
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12. So was Nancy Pelosi lying? Bernie Sanders? Harry Reid? |
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Yes all those congressional Dems worried about Obama's Medicare and Social Security position were some how in Boehners back pocket too.
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OwnedByFerrets
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Fri Jul-22-11 08:31 PM
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9. That is what I am hoping too. |
ProfessionalLeftist
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Fri Jul-22-11 06:15 PM
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3. Pfft. I wish he was. n/t |
TheWraith
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Fri Jul-22-11 06:21 PM
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5. Obama: Let's make them better. Boner: Let's privatize them. |
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It's not that hard to translate this shit.
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EFerrari
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Fri Jul-22-11 06:22 PM
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6. So, you are believing Boner over Obma? |
Cool Logic
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Fri Jul-22-11 06:45 PM
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7. There will be fundamental changes to our entitlement programs... |
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Democrats make the mistake of believing that Social Security has $2.6 trillion of assets without realizing that these assets predominately consist of receivables that are not collectible unless the People ante up another $2.6 trillion. Americans may not understand intricate accounting procedures, but they sure as hell understand that being forced to pay for something twice means they've been swindled.
Republicans make the mistake of thinking that reform and/or privatization solves the problem. Emphatically, it will not. It will still require about $2.6 trillion to clean up this accounting scandal whether or not reform occurs. Furthermore, this amount will continue to climb until Congress repeals the unified budget act and creates that "lock box" we used to hear about.
What ever happened to that damn lock box anyway? No body talks about it anymore. :shrug:
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sabrina 1
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Fri Jul-22-11 08:29 PM
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8. Wrong, the people don't have to ante up that $2.6 trillion |
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The Govt has to do that. And they CAN. The Govt can do that by:
1)Ending the wars 2)Slashing the grotesque Pentagon Budghet, in half 3)Ending the Bush tax cuts 4)Raising the cap on SS 5)Creating jobs
Just a few of the assets the Govt has. It is ludicrous to accept the notion that the Govt cannot meet its obligations. If that is the case, we don't just have SS to worry about.
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Cool Logic
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Fri Jul-22-11 09:31 PM
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10. Most of what you say is good and true; still, it's the People's money that buys 1 thru 5. |
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Likewise, if/when we end 1 thru 5, it will be the People's money being redirected to paying themselves back.
With respect to your final point, if the SSTF had the People's money secured with a liquid $2.6t, we wouldn't have to worry about it until the 2050's or something. But a debt secured by a debt is not and never will be a sound financial principle. As it is, inflation is just the below the surface, and if we are pushed into inflating our way out of some of this, the $2.6t that the People get back, will have less value than the $2.6t they were swindled out of in the first place. Our Representatives are clever bastards, aren't they?
It is not clear to me why so many people find it difficult to understand the myth of the $2.6t.
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sabrina 1
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Fri Jul-22-11 10:08 PM
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13. I agree that the money should be secured, and I don't know why |
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Edited on Fri Jul-22-11 10:08 PM by sabrina 1
it isn't. I don't see why we would be pushed into inflating our way out if Congress would just do their job. However, since we don't know, as we did not in 2008 until Paulson went running to Congress with his 3 page edict, what the real situation is, it's hard to say what needs to be done. They seem to be pretty desperate.
As for the money being a myth, I do not agree with that. The interest is still being paid, and when it is needed, money will have to come out of the general fund, to do anything else would be a default on a debt which no one, not even Republicans, are willing to say is going to happen
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EFerrari
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Fri Jul-22-11 09:33 PM
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11. I have to say, it's very odd to see the president's ardent defenders quoing Boner |
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Edited on Fri Jul-22-11 09:33 PM by EFerrari
all over the place instead of Obama. TGIF
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Safetykitten
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Fri Jul-22-11 10:09 PM
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14. Define "fundamental". |
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