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Old 10-02-2013, 06:04 PM  
petegz28 petegz28 is offline
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Obama\Dems won't negotiate on CR or Debt Ceiling

That's the report after the leaders all met this afternoon. The President and the Dems stated not only will they not negotiate on the current CR they will not negotiate on the Debt Ceiling either.
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Old 10-02-2013, 07:17 PM   #16
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Quote:
Originally Posted by banyon View Post
This is just a big semantic game now to republicans.

Where are the thread titles "republicans refuse to conference on budget for 6 months" or "boehner wont allow clean CR to be voted on in house even though it would pass"?

The CR conference thing was just a last minute attempt to save face.
Perhaps. That doesn't change the fact that you have Dems on the floor of the senate screaming about the parks being closed as they vote against a bill that would open them.
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Old 10-02-2013, 07:18 PM   #17
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Originally Posted by cosmo20002 View Post
Starting in 2009, Rs decided it wasn't important to pay the bills. And they approved the spending--but something happened in 2009 and they decided paying debts owed should be an issue for extortion.
And no Dem budget....
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Old 10-02-2013, 07:19 PM   #18
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Quote:
Originally Posted by cosmo20002 View Post
It's not complete bullshit, it is the straight-forward truth.
NO, no it isn't. Ok how about this. What percentage of revenue do the OBLIGATED payments (such as bonds) amount to? If it isn't over 100% than your statements are BULLSHIT. You want to double down and claim this?
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Old 10-02-2013, 07:20 PM   #19
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Originally Posted by AustinChief View Post
NO, no it isn't. Ok how about this. What percentage of revenue do the OBLIGATED payments (such as bonds) amount to? If it isn't over 100% than your statements are BULLSHIT. You want to double down and claim this?
On a day to day basis its definitely over 100%.
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Old 10-02-2013, 07:24 PM   #20
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Originally Posted by FD View Post
On a day to day basis its definitely over 100%.
No it simply isn't. If you want to say "we spent all our revenue for the year and now what revenue we have LEFT won't cover obligated payments" then I'll have to look into it but I'm almost certain that is false as well.

Unless of course you lack a fundamental understanding of what an obligated payment is. For example, paying our military NEXT WEEK is NOT in fact an obligated payment. (well actually some is but I'm just going with a simplification here)
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Old 10-02-2013, 07:25 PM   #21
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Didn't see this one coming. LOL.
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Old 10-02-2013, 07:27 PM   #22
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The Federal Government better be careful.

Private citizens might finally realize that they don't need the them.
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Old 10-02-2013, 07:27 PM   #23
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Originally Posted by AustinChief View Post
No it simply isn't. If you want to say "we spent all our revenue for the year and now what revenue we have LEFT won't cover obligated payments" then I'll have to look into it but I'm almost certain that is false as well.
You need to understand, the Treasury Dept has neither the legal authority nor a practical mechanism to prioritize payments on outlays. On certain days obligated bond payments will definitely exceed incoming money. There is no way around it.
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Old 10-02-2013, 07:31 PM   #24
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Originally Posted by petegz28 View Post
In fact raising the debt ceiling should most definitely be a negotiation issue.
Nope, paying the money we already owe is not a bargaining chip. It's not politics. It's financial. Downgrading our credit will hurt the economy and the USA worse than our current deficit.

Besides, its basic common sense............. give a mouse a cookie
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Old 10-02-2013, 07:33 PM   #25
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Quote:
Originally Posted by FD View Post
You need to understand, the Treasury Dept has neither the legal authority nor a practical mechanism to prioritize payments on outlays. On certain days obligated bond payments will definitely exceed incoming money. There is no way around it.
The legal authority argument is NOT AT ALL cut and dried. The mechanism argument is a solid one, I'll grant you that.

And yes, I see what you are saying about revenue vs outlay fluctuations being day to day... but seriously that is beyond silly as a point in what we are debating.
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Old 10-02-2013, 07:34 PM   #26
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Quote:
Originally Posted by BigRedChief View Post
Nope, paying the money we already owe is not a bargaining chip. It's not politics. It's financial. Downgrading our credit will hurt the economy and the USA worse than our current deficit.

Besides, its basic common sense............. give a mouse a cookie
Wrong! That's what we hear every time. Common sense says we raise it, the congress spends more then comes back for more. It like a kid who promises he will buy new jeans with the money his parents gives him, he goes and buys beer then comes back for more and swears he will by jeans this time and around we go.

so save your bullshit "we have to pay or get downgraded". Obama wasn't worried about it in 2006, was he?
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Old 10-02-2013, 07:38 PM   #27
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Originally Posted by AustinChief View Post
The legal authority argument is NOT AT ALL cut and dried. The mechanism argument is a solid one, I'll grant you that.

And yes, I see what you are saying about revenue vs outlay fluctuations being day to day... but seriously that is beyond silly as a point in what we are debating.
I agree its beyond silly, the whole idea is just a bizarre anachronism that should be eliminated altogether.
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Old 10-02-2013, 07:39 PM   #28
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Originally Posted by petegz28 View Post
Wrong! That's what we hear every time. Common sense says we raise it, the congress spends more then comes back for more. It like a kid who promises he will buy new jeans with the money his parents gives him, he goes and buys beer then comes back for more and swears he will by jeans this time and around we go.

so save your bullshit "we have to pay or get downgraded". Obama wasn't worried about it in 2006, was he?
Did you have this same position under the Regan and Bush eras?
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Old 10-02-2013, 07:41 PM   #29
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Originally Posted by FD View Post
I agree its beyond silly, the whole idea is just a bizarre anachronism that should be eliminated altogether.
Yeah it's amazing when you drill down into the specifics how ass backwards so many of these things are.
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Old 10-02-2013, 07:41 PM   #30
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Did you have this same position under the Regan and Bush eras?
Back when you were a secret covert assassin for the CIA Clandestine division? you mean back in that era?
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