August 01, 2011

All You Need to Know About the Debt Deal

Only radical idiots think the debt bill accomplished anything.

It put bandage on a malignant cancer, but did nothing to stop its growth or spread.

This was and will continue to be a failure, ensuring an eventual and even greater default.

Posted by Confederate Yankee at August 1, 2011 09:59 AM

I was for the Boehner deal before I was against the mess the Senate made of it.

Because the Only Good Progressive is a Failed Progressive

Posted by: LibertyAtStake at August 1, 2011 11:27 AM

Nothing accomplished?

Not entirely true. The debt discussion has kept Fast & Furious out of sight for going on two weeks now.

Posted by: scituate_tgr at August 1, 2011 12:08 PM

We have to keep the military industrial complex in 180+ countries "nation building", We must keep all the "entitlement" programs. Yeah i said it, I'm entitled to your wallet mister.

What do you guys think about Herman Cain, or Ron Paul? I know about the CNP so don't bother with that.

Posted by: KeplerTheSovereign at August 1, 2011 12:46 PM

yI remember when we used to have legislation. Bills would pass in congress and get signed into law. Now we just have "deals". Deals enable the governemnt to continue record spending without anyone being held accountable for voting for it. Those previous 230+ years of politicians must have been chumps for not thinking of this earlier.

Posted by: Professor Hale at August 1, 2011 01:32 PM

No deal should have ever happened. We will not see real reductions until a real balanced budget amendment without gimmicks and with prohibitions against federal mandates to states.

I suppose reducing the US credit to junk bonds status might also suffice.

Until then the juggernaut has only one way to go, forward or bigger. The only control is "how fast". And if it's "not as fast as projected" it gets declared as money saved.



Posted by: JBD at August 1, 2011 09:56 PM