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    Tag: Debt Ceiling (page 2)

    But Of Course, That Was Debbie Then. This Is Debbies' Obama Now...


    By Corinthian Scales, Section News
    Posted on Tue Jul 26, 2011 at 02:06:10 PM EST
    Tags: Senator Debbie Stabenow, Obama Spending, Quantitative Easing 2, Debt Ceiling, Cut Cap and Balance Act of 2011, Democratic Party Hypocricy In Action (all tags)

    November 17, 2004, Senator Debbie Stabenow said it was "immoral" and "fiscally irresponsible" to raise the debt limit.



    So, Sen. Stabenow, please explain this vote.  Remember, 2004, while still wrong, it was chump-change in comparison to what's happening with Stabenows' and Obamas' demagoguery of their spending today.

    Comments >>

    Walberg comments on the debt ceiling debate


    By JGillman, Section News
    Posted on Mon Jul 11, 2011 at 09:12:59 PM EST
    Tags: Tim Walberg, Michigan, Congress, Debt Ceiling, Government, Unemployment, Obama, backward, bizarro (all tags)

    Washington, DC- As negotiations over the issue of debt and spending continue, Congressman Tim Walberg released the following statement:

    "The President's stubborn insistence on raising taxes during a tough economic time is wrongheaded.  We are still in the midst of one of the worst recessions in a generation because of the government's constant threat of the trifecta of higher taxes, excessive regulations, and runaway spending.  Last week's Labor Department report showed more than 14 million Americans are unemployed, the highest number this year, and many are asking where are the President's promised jobs.   Mr. President, I have the answer, and it's found in releasing the constraints on the American people and their exceptionalism.  Tax increases cost jobs.  A serious proposal to get our economy back on track cannot include more taxes for jobs to be created."

    The highest number of unemployed.  In the middle of the summer.  Yet Obama thinks he is holding the cards.  Frankly, I am afraid some of our congressmen believe the same, but so far have held on with pressure from home.

    So what happens if the debt ceiling is not increased? Why is it important to expand our debt even further to promote a feeling of solvency?  Why is black white, up down, and slow fast?

    How about it experts?

    (7 comments) Comments >>

    A Message To Our Legislators - Beware False Choices

    Making The President A King


    By Kevin Rex Heine, Section News
    Posted on Sat May 28, 2011 at 03:45:57 PM EST
    Tags: H.R. 1540 of 2011 (Section 1034), House Vote # 361, Separation of Powers, Checks and Balances, War Powers, Posse Comitatus Act, Bill of Rights, military draft, debt ceiling, Justin Amash, John Conyers, Ron Paul, Michigan Congressional Republicans (all tags)

    Allow the President to invade a neighboring nation whenever he shall deem it necessary to repel an invasion, and you allow him to do so whenever he may choose to say he deems it necessary for such purpose, and you allow him to make war at pleasure.  Study to see if you can fix any limit to his power in this respect, after having given him so much as you propose.  If today he should choose to say he thinks it necessary to invade Canada to prevent the British from invading us, how could you stop him?  You may say to him, - "I see no probability of the British invading us;" but he will say to you, "Be silent: I see it, if you don't."

    To provision of the Constitution giving the war making power to Congress was dictated, as I understand it, by the following reasons: Kings had always been involving and impoverishing their people in wars, pretending generally, if not always, that the good of the people was the object.  This our convention understood to be the most oppressive of all kingly oppressions, and they resolved to so frame the Constitution that no one man should hold the power of bringing this oppression upon us.  But your view destroys the whole matter, and places our President where kings have always stood.

    The above quote is from a letter written by Abraham Lincoln, while serving in the United States Congress (representing Illinois' 7th District), to his friend and law-partner William H. Herndon on 15 February 1848.  The purpose of the quote, and indeed much of the letter, was that Lincoln was defending his Spot Resolutions and his position opposing the Mexican-American War.

    Article 1, Section 8 of the United States Constitution clearly specifies that the power to declare war is reserved to Congress only.  While the President is indeed the Commander-in-Chief of the U. S. Armed Forces, he does not have the authority to order the military into an offensive engagement without Congress' consent.

    But that's about to change . . . and God help us all if this stands.


    (8 comments, 2377 words in story) Full Story

    Riemersma Is correct


    By JGillman, Section News
    Posted on Sat May 07, 2011 at 10:03:09 AM EST
    Tags: Jay Riemersma, Congress, Michigan, Debt, Debt Ceiling, Safety (all tags)

    The debt ceiling cannot be lifted.  In today's Ivory Tower special guest commentary, former US Representative candidate Jay Riemersma calls on the GOP controlled congress to do what is right and ignore calls to do "what has always been done."
    Riemersma points out:
    To make sense of this statement, we first have to set aside the ridiculous premise that "they've always done it in the past" should guide what Congress does today.

    Second, Congress has not always voted to raise the debt ceiling. When they elected not do so in 1995, the sky didn't fall and our economy did not implode. What's really being said here is, "We need to borrow more today so we can begin to have a conversation about saving tomorrow."


    Exactly.  At what point will we make those decisions? Next year?

    And frankly, unless our entire income is outgoing as interest, we will pay our obligations. The threat we will not is absurd. Going forward and adding to that interest burden hardly serves the better prospects of digging ourselves out, unless some have the fantasy that this asphyxiating administration will bring economic prosperity any time sooner, or later.  So shorting the next possibility of balance leaves only one other prospect, and that is collapsing the currency.

    The Michigan congressional delegation needs to hear from us, that no more debt is acceptable.  Not now, and not in the future.  

    Expanding our obligation now, merely adds to the reality we cannot control our spending. It burdens our children, their children and puts our future health and safety at risk. Expanding it now, or in the future tells us we have forgotten that debt is supposed to be a temporary tool only.

    (3 comments) Comments >>

    Raise the debt ceiling...


    By Crippy, Section News
    Posted on Wed Jan 05, 2011 at 02:46:05 PM EST
    Tags: Thaddeus McCotter, Gary Peters, Debt Ceiling (all tags)

    I know this seems odd coming from a Libertarian/Anarcho-Capitalist but there is a method to my madness.

    The United States is broke.  To climb out of debt, whatever the actual figure is, would be almost impossible.  It would require a 180 degree shift in the way at least 20% of Americans think.  It would mean saying goodbye to the welfare state, the warfare state and the nanny state.  It would require embracing personal responsibility, self-ownership, and private property.  As much as a I hope for a national epiphany, I'm not holding my breath.

    (9 comments, 392 words in story) Full Story

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