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Showing posts with the label Debt Ceiling Negotiations

The Continuing Saga of the Debt Ceiling Crises

by: Les Carpenter Rational Nation USA Birthplace of Independent Conservatism Liberty -vs- Tyranny The President, Congressional Democrats, and Republicans are action like spoiled brats. It's kinda like watching a child who throws a temper tantrum because they wanted a red lollipop and they were given a green one. There is every reason to blame both parties, as well as the President, for this modern game of brinkmanship playing out over the debt crises. In the event talks produce nothing and we default on our obligations the responsibility rests with both parties and the President. They, and I mean in unison, will bear the responsibility for the fallout both nationally and internationally for their inability to cut the deal. It is obvious that all concerned are interested more in their own agenda than the interest of the American people, or anything else for that matter. Simply disgusting... ... Adults acting as children. Alan Simpson: ‘No Hope’ of Debt Ceiling Agre...

Fiscal Responsiblity and the Debt Ceiling... Do They Not Go Hand In Hand?

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by: Les Carpenter Rational Nation USA Birthplace of Independent Conservatism Liberty -vs- Tyranny As the debt ceiling/budget drams continues a conservative, and I mean a real conservative, can only applaud Senator Kent Conrad for the 800 billion cut in defense spending he is proposing over the next ten years. It is indeed time to roll back the Military Industrial Complex. Kudos Senator Conrad. More on this later. What bothers me is his plan is meant as an alternative to the necessary cuts required in entitlement spending {including SS} that is likely to come out of this weekend's budget summit. Indeed it is time for the democratic party to lay their cards squarely on the table. As it is the republicans as well. It is time to get to the "bottom line" of each party. Ultimately, IMO, the national leadership of both parties will raise the debt ceiling. Just as our founding fathers would have them do. Whether or not they effectively address the deficit, and the neces...