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Thread: US Senate would reject House bill as shutdown looms

  1. #601
    knight of meh's Avatar Primicerius
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Sphere View Post
    the 2014 elections will offer a chastising moment for the Tea Party
    Heres hoping that happens the longer those idiots stick around the more damage they are going to do to a system that isn't perfect to begin with..

  2. #602
    Blau&Gruen's Avatar Civitate
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    Default Re: US Senate would reject House bill as shutdown looms

    The underlying challenge is the balance between spending and revenues.
    Last edited by Blau&Gruen; October 17, 2013 at 01:00 PM.
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  3. #603
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    Default Re: US Senate would reject House bill as shutdown looms

    Well it's all going to fall apart at some point. The most powerful Empire the world has ever known, lurching from crisis to crisis like this is some sort of sensible way to manage anything. Lot of denial and delusion as well, as to how bad their situation is. It wasn't an argument over whether to pay their bills as portrayed, they are arguing over borrowing more money from the chinese to pay their bills. The US cant pay its bills, it hasn't been able to pay its bills $17 trillion in the red ago. At some point, the gravy train pulls into the station. But Obama thinks well, I will set the Sovereign credit card ablaze, spend as much as I can before the wheels fall off - and then leave office and someone else can clean up the mess.
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  4. #604
    knight of meh's Avatar Primicerius
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    Default Re: US Senate would reject House bill as shutdown looms

    FY 2013*: $973 billion
    FY 2012: $1,087 billion
    FY 2011: $1,300 billion
    FY 2010: $1,294 billion
    well your deficit is going in the right direction...it's just a shame this isn't all your debt or it would look quite positive

    $226 billion - take that one and add it to 2013 in unofficial federal debt and then there is agency debt. and stuff you off set to the public through fannie mac and stuff oh and that's not forget your "IOU's" to social security funds... *sigh* i weep from you mathematicians

  5. #605
    Blau&Gruen's Avatar Civitate
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Simon Cashmere View Post
    Well it's all going to fall apart at some point.
    We are confronted with similar challenges and we need a smart strategy to stay it out until we are able to reach a level of economic sustainability that allows to move forward.
    Last edited by Blau&Gruen; October 17, 2013 at 01:51 PM.
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  6. #606

    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Ferrets54 View Post
    Are you actually? Could you tell us what odds you're getting? You know, from the people not laughing too hard as they take your money?
    I don't think you understand what booking means.

  7. #607
    sabaku_no_gaara's Avatar Indefinitely Banned
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    Default Re: US Senate would reject House bill as shutdown looms

    Maybe the us needs austerity!

  8. #608
    Border Patrol's Avatar Protector Domesticus
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Dragus View Post
    Any repeat episodes such as this one will only result in further Republican weakening. Unfortunately, they will likely completely understand this fact as the strategic reality now and not make any further attempts. Still, the damage has been done, and this shutdown will give us great assistance in retaking the house from them.
    I take it you haven't done your assigned reading. 400 words too long for you?
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  9. #609

    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Blau&Gruen View Post
    The underlying challenge is the balance between spending and revenues.

    The underlying challenge is old people vote.

    The budget under current policy would reduce US debt levels, in the short term. Indeed, according to the CBO starting in about a year and lasting for about 3 years US debt-to-GDP ratio will fall. However, our older demographics start to catch up with the budget as more people retire and go on Social security and Medicare and stop paying income tax.

    Spoiler Alert, click show to read: 


    Nothing terrible, nothing other first world nations aren't dealing with. But benefits to retirees and servicing US debt does suck up income and investment from younger generations. It would be best to do some tweaks, like Reagan did to SS and Obama did to Medicare in the ACA, so that the budget is healthy and there is room again for investments in infrastructure, research and education.

    Politically it is much easier for Republicans to rail against and cut the discretionary side of the budget (think Gov. Perry). They've invested a lot in convincing their constituents that the Federal Government has become a monster spending money on useless departments. It is a rather big lie, discretionary spending is pretty well shrunk down.

    Spoiler Alert, click show to read: 


    The Dem's dipped their toe into entitlement reform with the ACA and the cutting of Medicare. Romney tried to turn it into a campaign issue but it didn't really stick. Obama put wider entitlement reform out there in vague terms as part of a "grand bargain" which might boost his legacy, but rank and file Dem's on the Hill are not too thrilled about abandoning the position of protectors of SS/Medicare.

    Both sides reluctance comes down to the fact that angering older voters is political suicide, so it is best to talk about something else.

  10. #610

    Default Re: US Senate would reject House bill as shutdown looms

    Any discretionary spending above zero is too high.

  11. #611
    Roma_Victrix's Avatar Call me Ishmael
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    Default Re: US Senate would reject House bill as shutdown looms

    So, on the Republican side, who were the principle behind-the-scenes backers of the shutdown? Heritage Foundation? I read that the Koch brothers had a hand in influencing things as usual.

  12. #612
    MathiasOfAthens's Avatar Comes Rei Militaris
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    Default Re: US Senate would reject House bill as shutdown looms

    I dont think you know what that word means Dalminar.

  13. #613
    Ciciro's Avatar Protector Domesticus
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Roma_Victrix View Post
    So, on the Republican side, who were the principle behind-the-scenes backers of the shutdown? Heritage Foundation? I read that the Koch brothers had a hand in influencing things as usual.
    I doubt the Koch brothers, in fact many conservative backers were angry this shutdown ever happened.

  14. #614

    Default Re: US Senate would reject House bill as shutdown looms

    I was behind it, although I am not on the Republican side, I just used them as my pawns this time.

  15. #615

    Default Re: US Senate would reject House bill as shutdown looms

    Quite a funny bit of trivia. The only real foreign example of a Government shutdown similar that to the USA omnishambles is 1975 Australia.

    http://www.abc.net.au/archives/80day...19/3411587.htm

    Failing to pass a budget, the Governor-General dismissed the Prime Minister and then the entire Parliament, triggering a new election. Australian MPs never tried that again.

    Still, Australia has a comparatively sane political culture where that crap isn't rewarded by pockets of hick electorates.

    http://en.wikipedia.org/wiki/Austral...crisis_of_1975

  16. #616

    Default Re: US Senate would reject House bill as shutdown looms

    The Speaker is the Prime Minister, the Congress holds the purse strings, but the President is the CEO.
    Eats, shoots, and leaves.

  17. #617
    Dr Zoidberg's Avatar A Medical Corporation
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Ferrets54 View Post
    Quite a funny bit of trivia. The only real foreign example of a Government shutdown similar that to the USA omnishambles is 1975 Australia.

    http://www.abc.net.au/archives/80day...19/3411587.htm

    Failing to pass a budget, the Governor-General dismissed the Prime Minister and then the entire Parliament, triggering a new election. Australian MPs never tried that again.

    Still, Australia has a comparatively sane political culture where that crap isn't rewarded by pockets of hick electorates.

    http://en.wikipedia.org/wiki/Austral...crisis_of_1975
    'The Dismissal' is still a hotly debated topic today, some 40 years later. And yes, we've never had an opposition try to block supply ever since. Nobody wants to see a repeat of what happened back then.
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  18. #618

    Default Re: US Senate would reject House bill as shutdown looms

    I thought there was a theory floating around that it was instigated by the CIA.
    Eats, shoots, and leaves.

  19. #619

    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Dr Zoidberg View Post
    'The Dismissal' is still a hotly debated topic today, some 40 years later. And yes, we've never had an opposition try to block supply ever since. Nobody wants to see a repeat of what happened back then.
    And without going into the actual issue or constitutional debate of it all, I would still use this as an argument that a bit of electoral fear is no bad thing.

  20. #620
    knight of meh's Avatar Primicerius
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    Default Re: US Senate would reject House bill as shutdown looms

    Quote Originally Posted by Ferrets54 View Post
    And without going into the actual issue or constitutional debate of it all, I would still use this as an argument that a bit of electoral fear is no bad thing.
    one problem .. some people in charge of the USA aren't smart enough to be afraid...

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