Choose your color scheme:
The Vette Barn  
 
Go Back   The Vette Barn > Off Topic/Babes/Other > Politics & Religion

Politics & Religion Discussion of politics and religion

User Tag List

Reply
 
Share Thread Tools
Old 08-08-2011, 7:40pm   #1
Exotix
Banned
Points: 12,642, Level: 77
Activity: 0%
 
Exotix's Avatar
 
Join Date: Oct 2010
Posts: 4,173
Thanks: 346
Thanked 507 Times in 434 Posts
Gameroom Barn Bucks: $0
Default (R) Cantor appeases to (R) morale for next Crisis

Cantor urges GOP to resist tax hike pressure after S&P downgrade.

Today

Cantor urges GOP to resist tax hike pressure after S&P downgrade - TheHill.com


House Majority Leader Eric Cantor (R-Va.) told Republican lawmakers to expect — and resist — increased pressure to raise taxes following the downgrade of the U.S. credit rating by Standard and Poor’s.

“Over the next several months, there will be tremendous pressure on Congress to prove that S&P’s analysis of the inability of the political parties to bridge our differences is wrong,” Cantor wrote Monday in a memo to House Republicans.

“In short, there will be pressure to compromise on tax increases.
We will be told that there is no other way forward.
I respectfully disagree.”




Cantor’s letter is another sign that both political parties are retrenching in the wake of S&P’s decision to strip the U.S. of its AAA rating for the first time in history.

Democrats have blamed Republicans and the Tea Party for manufacturing a debt crisis and walking away from the kind of bipartisan “grand bargain” that would have prevented the downgrade.

The legislation Congress passed last week to avert a default contained just $900 billion in initial deficit reduction, much less than the $4 trillion President Obama had discussed with House Speaker John Boehner (R-Ohio).

Stock markets plunged Monday, with the Dow Jones Industrial Average dropping 634 points.



In a statement issued shortly after Cantor’s memo, Boehner reiterated the GOP’s opposition to tax increases.

“Providing economic certainty and creating an environment in which businesses can invest and jobs can flourish must remain our number-one focus,” Boehner said.

“That’s why raising taxes is simply the wrong approach.”


Boehner had agreed to about $800 billion in additional revenues as part of a broader deficit-reduction and tax-reform package he discussed with Obama, and it remains to be seen whether the joint congressional “supercommittee” created by the debt deal will consider new revenues in addition to spending cuts.



In his memo, Cantor wrote that while S&P’s analysis of the U.S.’s exorbitant public debt cannot be discounted, it was “overly focused” on solutions that could worsen the jobs crisis.

“S&P seems particularly focused on what it sees as the inability of the political parties to bridge our differences on the best way to eliminate the deficit,” he wrote.

“By this it means — in part — our unwillingness to raise taxes.”

The majority leader said Congress can find additional savings by cutting entitlement programs “without tax increases,” and he repeated his long-standing criticism of Obama for being unwilling to make major structural changes to Medicare and Medicaid.

“The president remains opposed to any structural reforms, and would only nibble around the edges of these programs IF taxes are increased on job creators,” he wrote.
“Given that reality, I firmly believe that these are issues that will be central to the decision that voters will make in the 2012 election.”

Cantor said the House would take “continual and steady action” on bills to reduce regulatory burdens on businesses when Congress returns in September.



“Our country currently faces two very serious crises — debt and jobs,” Cantor wrote.
“These two crises are not mutually exclusive, but they are equally dangerous.
That is why it is absolutely critical that as policies are developed to overcome each, we consider their impact upon each other.

Anything less would be negligent.”




Cantor sounds scared ...




See extensive comments as to what Americans are saying
Exotix is offline   Reply With Quote
Old 08-08-2011, 7:44pm   #2
ChasC5
Banned
Points: 18,058, Level: 92
Activity: 0%
 
ChasC5's Avatar
 
Join Date: Jun 2010
Location: Where Cons Fear
Posts: 7,308
Thanks: 369
Thanked 410 Times in 376 Posts
Gameroom Barn Bucks: $37320
bilmem

John Boehner Got 98% of What He Wanted ... so I guess we should be happy with our 2%
ChasC5 is offline   Reply With Quote
Old 08-08-2011, 7:47pm   #3
Exotix
Banned
Points: 12,642, Level: 77
Activity: 0%
 
Exotix's Avatar
 
Join Date: Oct 2010
Posts: 4,173
Thanks: 346
Thanked 507 Times in 434 Posts
Gameroom Barn Bucks: $0
Default

Quote:
Originally Posted by ChasC5 View Post
John Boehner Got 98% of What He Wanted ... so I guess we should be happy with our 2%
Exotix is offline   Reply With Quote
Old 08-08-2011, 7:50pm   #4
ChasC5
Banned
Points: 18,058, Level: 92
Activity: 0%
 
ChasC5's Avatar
 
Join Date: Jun 2010
Location: Where Cons Fear
Posts: 7,308
Thanks: 369
Thanked 410 Times in 376 Posts
Gameroom Barn Bucks: $37320
Default

Quote:
Originally Posted by Exotix View Post
This is a perfect example of why you don't negotiate with terrorist, you shoot them in the head and move on to the next terrorist.
ChasC5 is offline   Reply With Quote
Old 08-09-2011, 8:57am   #5
Chris Fowler
Barn Stall Owner #6
Bantayan Kids '13,'14,'15,'17
Points: 18,636, Level: 94
Activity: 0%
 
Chris Fowler's Avatar
 
Join Date: Jan 2011
Posts: 6,587
Thanks: 904
Thanked 1,484 Times in 828 Posts
Gameroom Barn Bucks: $437465
Default

Lots of people on the left have a really hard time with math...
Chris Fowler is offline   Reply With Quote
Old 08-09-2011, 10:19am   #6
RedLS1GTO
C4 Mod
Barn Raising II,III
Points: 46,323, Level: 100
Activity: 1.7%
 
RedLS1GTO's Avatar
 
Join Date: Jan 2011
Location: Cincinnati, OH ....ΜΟΛΩΝ ΛΑBE....
Posts: 12,699
Thanks: 1,172
Thanked 6,731 Times in 3,006 Posts
Gameroom Barn Bucks: $19752429
Default

Quote:
Originally Posted by Chris Fowler View Post
Lots of people on the left have a really hard time with math...
Unfortunately, Boehner did make the 98% comment.

My problem with it is that if that deal was 98% of what they wanted... they wanted the wrong thing.
RedLS1GTO is offline   Reply With Quote
Old 08-09-2011, 11:02am   #7
73sbVert
Moderator
Barn Stall Owner #20
Barn Stall Owner #33

Barn Raising I,II
NCM Supporter '11,'13,'14,'20
Bantayan Kids '13
Points: 24,201, Level: 100
Activity: 3.2%
 
73sbVert's Avatar
 
Join Date: Jan 2011
Location: Tucson, AZ
Posts: 19,362
Thanks: 12,511
Thanked 2,537 Times in 1,583 Posts
Gameroom Barn Bucks: $988130
Default

Quote:
Originally Posted by RedLS1GTO View Post
Unfortunately, Boehner did make the 98% comment.

My problem with it is that if that deal was 98% of what they wanted... they wanted the wrong thing.

This.
73sbVert is offline   Reply With Quote
Old 08-09-2011, 11:32am   #8
Chris Fowler
Barn Stall Owner #6
Bantayan Kids '13,'14,'15,'17
Points: 18,636, Level: 94
Activity: 0%
 
Chris Fowler's Avatar
 
Join Date: Jan 2011
Posts: 6,587
Thanks: 904
Thanked 1,484 Times in 828 Posts
Gameroom Barn Bucks: $437465
Default

Quote:
Originally Posted by RedLS1GTO View Post
Unfortunately, Boehner did make the 98% comment.

My problem with it is that if that deal was 98% of what they wanted... they wanted the wrong thing.
I don't care if Boehner made the 98% comment. Are the Democrats really going to argue that they didn't want any of that 98%, but they voted for it anyway?

There had to be some overlap...
Chris Fowler is offline   Reply With Quote
Old 08-09-2011, 11:56am   #9
RetiredSFC 97
Barn Stall Owner #63
Points: 4,728, Level: 46
Activity: 2.8%
 
RetiredSFC 97's Avatar
 
Join Date: Jan 2011
Location: Harrisburg/Columbia, Mo
Posts: 1,590
Thanks: 110
Thanked 290 Times in 187 Posts
Gameroom Barn Bucks: $32270
Default

Now is the time to dig their heels in. The left will use this as a step closer to raising taxes and full blown socialism.

We need to use this to step back from it.

Who will win? Whoever the American public votes into office in 2012 will determine that at this point.
RetiredSFC 97 is offline   Reply With Quote
Old 08-09-2011, 12:06pm   #10
RedLS1GTO
C4 Mod
Barn Raising II,III
Points: 46,323, Level: 100
Activity: 1.7%
 
RedLS1GTO's Avatar
 
Join Date: Jan 2011
Location: Cincinnati, OH ....ΜΟΛΩΝ ΛΑBE....
Posts: 12,699
Thanks: 1,172
Thanked 6,731 Times in 3,006 Posts
Gameroom Barn Bucks: $19752429
Default

Quote:
Originally Posted by Chris Fowler View Post
I don't care if Boehner made the 98% comment. Are the Democrats really going to argue that they didn't want any of that 98%, but they voted for it anyway?
There had to be some overlap...
Yes. It gives them a wide open door to blame the Republicans.
RedLS1GTO is offline   Reply With Quote
Reply

The Vette Barn > Off Topic/Babes/Other > Politics & Religion


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 9:15pm.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
Copyright 2009 - 2020 The Vette Barn


Support the Barn:
 
Download the Mobile App;
 
Follow us on Facebook:

Become a Stall Owner

 

Apple iOS App        Google Android App

 

Visit our Facebook page