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It’s impossible to default on the debt—-years down the road, maybe

October 3, 2013

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Average monthly interest costs are $18 billion….. we take in on average $225 billion. By law, the president must pay interest first before anything else.

In addition to interest we must roll over the $550 billion of maturing debt each month. Newly issued bonds replace maturing bonds with no net change in total debt outstanding. If the Chinese and other investors won’t purchase them, Federal Reserve Chairman Bernanke will just buy them for the Fed’s account.

When confronted with money problems, adults make decisions and set priorities. We pay the mortgage before we pay the cable bill. But the Obama administration chooses to intentionally inflict pain on the American people by making the most headline-grabbing cuts possible.

What better example of this disgusting antic than erecting physical barriers on Tuesday, blocking access to the open air World War II Memorial to a group of Mississippi visiting vets. Erecting the barriers actually cost money to do so!

FOR the rest of the article: https://www.lsnewsgroup.com/its-impossible-to-default-on-the-debt-years-down-the-road-maybe/

 

from the SharkTank:

Well, it’s official- Congressman Allen West has conceded his 18th congressional district race to Democrat Patrick Murphy earlier this morning.

It goes without saying that the loss is a huge one for conservatives, as West is one of the most fearless and articulate advocates for the conservative cause and our national security, his efforts will be greatly missed in Congress.

And permit us an opportunity to say something that no doubt will be ridiculed by Democrats, but is true nevertheless- the results of this race proved beyond a shadow of a doubt that merit, character, and experience matter little to Democrats- as long as there’s a (D) next to an individual’s name, far too many Democrats will support a clearly underqualified individual with no experience of any appreciable kind over a Republican, and in this case, an extraordinarily qualified one.

for full article: http://shark-tank.net/2012/11/20/west-concedes-patrick-murphy-goes-to-congress/

Check out Nancy’s demeanor….. Just sayin’….

http://www.freerepublic.com/focus/f-news/2897863/posts

Casino Executive and former Obama supporter Steve Wynn told Neil Cavoto yesterday,

I supported a democratic Congresswoman named Shelley Berkley. I called her during Obamacare. I said Shelley what are you doing, how do you do this? This is killing the unions and all of those that are supplying health care to our employees. And she said to me quote, and this is not hearsay. Shelley said to me, and she’s running for the senate, “Steve I know it’s terrible. My husband’s a doctor. He hates it too. But if I don’t vote for it, she will punish me.” She being Nancy Pelosi. I said, “Shelley every politician who has sold out their constituency has had a lame, terrible rationalization like the one you just gave me. Don’t ever call me again.” …That’s politics in America today. And, if any businessman or any working person doesn’t understand that this is a turning point in American history, Then I’m afraid that we’re going to get what we deserve.

for article and video: http://www.thegatewaypundit.com/2011/10/dem-rep-berkley-told-businessman-steve-wynn-i-know-obamacare-was-a-terrible-bill-but-if-i-didnt-vote-for-it-pelosi-would-have-punished-me-video/

Grey-Haired Brigade

They like to refer to us as senior citizens, old fogies, geezers, and in some cases dinosaurs. Some of us are “Baby Boomers” getting ready to retire. Others have been retired for some time. We walk a little slower these days and our eyes and hearing are not what they once were. 

We have worked hard, raised our children, worshiped our God and grown old together. Yes, we are the ones some refer to as being over the hill, and that is probably true. But before writing us off completely, there are a few things that need to be taken into consideration.

In school we studied English, history, math, and science which enabled us to lead America into the technological age. Most of us remember what outhouses were, many of us with firsthand experience. We remember the days of telephone party-lines, 25 cent gasoline, and milk and ice being delivered to our homes. For those of you who don’t know what an icebox is, today they are electric and referred to as refrigerators. A few even remember when cars were started with a crank. Yes, we lived those days. 

We are probably considered old fashioned and out-dated by many. But there are a few things you need to remember before completely writing us off. We won World War II, fought in Korea and Viet Nam . We can quote The Pledge of Allegiance, and know where to place our hand while doing so. We wore the uniform of our country with pride and lost many friends on the battlefield. We didn’t fight for the Socialist States of America ! We fought for the “Land of the Free and the Home of the Brave.” We wore different uniforms but carried the same flag. We know the words to the Star Spangled Banner , America , and America the Beautiful by heart, and you may even see some tears running down our cheeks as we sing. We have lived what many of you have only read about in history books and we feel no obligation to apologize to anyone for America . 

Yes, we are old and slow these days but rest assured, we have at least one good fight left in us. We have loved this country, fought for it, and died for it, and now we are going to save it. It is our country and nobody is going to take it away from us. We took oaths to defend America against all enemies, foreign and domestic, and that is an oath we plan to keep. There are those who want to destroy this land we love but, like our founders, there is no way we are going to remain silent. 

It was the young people of this nation who elected Obama and the Democratic Congress.
You fell for the “Hope and Change” which in reality was nothing but “Hype and Lies.” You have tasted socialism and seen evil face to face, and have found you don’t like it after all. You make a lot of noise, but most are all too interested in their careers or “Climbing the Social Ladder” to be involved in such mundane things as patriotism and voting. Many of those who fell for the “Great Lie” in 2008 are now having buyer’s remorse. With all the education we gave you, you didn’t have sense enough to see through the lies and instead drank the ‘Cool-Aid.’ Now you’re paying the price and complaining about it. No jobs, lost mortgages, higher taxes, and less freedom. This is what you voted for and this is what you got. We entrusted you with the Torch of Liberty and you traded it for a paycheck and a fancy house. 

Well, don’t worry youngsters, the Grey Haired Brigade is here, and in 2012 we are going to take back our nation. We may drive a little slower than you would like but we get where we’re going, and in 2012 we’re going to the polls by the millions. This land does not belong to the man in the White House nor to the likes of Nancy Pelosi and Harry Reid. It belongs to “We the People” and “We the People” plan to reclaim our land and our freedom. We hope this time you will do a better job of preserving it and passing it along to our grandchildren. So the next time you have the chance to say the Pledge of Allegiance, Stand up, put your hand over your heart, honor our country, and thank God for the old geezers of the “Grey-Haired Brigade.”
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Debbie Debbie Debbie….. We know you way too well. You wouldn’t shirk a great Committee assignment like the House Judiciary Committee “just because”. So What’s Up Debbie??

Congresswoman Debbie Wasserman Schultz, Florida Democrat, submitted her resignation as a member of the House Judiciary Committee on Tuesday. According to the floor of the House

The House received a communication from the Honorable Debbie Wasserman Schultz. Ms. Wasserman Schultz submitted her resignation from the Committee on the Judiciary. The resignation was accepted without objection.

Rep. Wasserman Schultz still serves as a member of the House Budget Committee, Chief Deputy Whip for the minority, as well as Chair to the Democratic National Committee. 

The Washington Times Water Cooler put in an inquiry to Wasserman Schultz’s office about the congresswoman’s resignation from the judiciary committee and is waiting on a response.

http://www.washingtontimes.com/blog/watercooler/2011/sep/20/picket-wasserman-schultz-resigns-house-judiciary-c/

Sidenote: Rep. Wasserman Schultz battled breast cancer several years ago while at the same time being Pelosi’s water-girl. We at James hope that her health is not behind her committee decision.

House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.

Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities.

For 2009, Pelosi reported a minimum net worth of $21.7 million.

http://thehill.com/blogs/on-the-money/801-economy/166599-pelosis-net-worth-rises-62-percent

     Congress reconvenes on Monday, and it is safe to say that many of the colleagues of embattled twitter-cybersexter Rep. Anthony Weiner (D-NY) will try to keep their distance from him and the broadening story. Any word from the Congressman’s wife of 11 months, Huma Abedin, come through “anonymous” friends. Even his press secretary issues statements that have the caveat “According to Congressman Weiner“.

      After days of silence, DNC Chairwoman/ Rep. Debbie Wasserman Schultz (D-FL) has finally stepped up and called for Weiner to resign. Yesterday, Minority Leader Nancy Pelosi (D-Ca) said that Weiner’s position was up to his constituents, now says he should “seek help without the pressures of being a member of Congress”. While it is understandable that these leaders might not want to lose the Progressive liberal Congressman, it had been striking that they had not condemned Weiner for his vulgar comments about women, etc.

     Now, while Huma (now reportedly pregnant) is in Africa with her boss and confidante, Secretary of State Hillary Clinton, Anthony Weiner has entered a “rehab” facility for evaluation, and has requested a leave of absence from Congress.

       Delaware police in New Castle, DE interviewed a 17 year high school junior who Weiner had texted with. Her computer has been voluntarily surrendered for review (some messages do appear to have been deleted, but that is another story). Weiner has admitted to contact with the minor, but stated that there was no inappropriate conversation.

       Andrew Brietbart, who was villified by Weiner and the Left when Weiner’s underwear tweet was first posted, has said that his staff had been investigating the Congressman’s cybersexting before the “tweet” was made public in error by Weiner, but was trying to make sure that all of the sources were verifiable. The underwear tweet simply corroborated what they had already been finding.

       With regard to the minor, and possible other minors, that may have been in contact with the Congressman, Brietbart has said “where there is smoke, there is a massive fire in Arizona the size of Los Angeles”.

       I can see it now……. Anthony Weiner on Dr. Drew’s couch for the next season of Celebrity Rehab !

(Weekly Standard) — Perhaps it’s sour grapes, or perhaps it’s a recent reawakening, but in a speech by Nancy Pelosi at Tufts University earlier this week, the former speaker of the House had some advice for her Republican colleagues in particular and some reflections on elections in general:

To my Republican friends: take back your party. So that it doesn’t matter so much who wins the election, because we have shared values about the education of our children, the growth of our economy, how we defend our country, our security and civil liberties, how we respect our seniors. Because there are so many things at risk right now — perhaps in another question I’ll go into them, if you want. But the fact is that elections shouldn’t matter as much as they do . . . But when it comes to a place where there doesn’t seem to be shared values then that can be problematic for the country, as I think you can see right now.

Keep reading…

http://weaselzippers.us/2011/04/12/pelosi-elections-shouldnt-matter-as-much-as-they-do/

    From Harry Reid to Dick Durbin, and many Senators and Congressmen in between, the Democrats are attempting to say that the looming shutdown of the federal government was not about money, but about cutting services important for women’s health.

      The GOP attempt to defund Planned Parenthood, as well as others like NPR, as a part of the budget cuts they are seeking is being demonized by the rhetoric of the Left. As a side note, Planned Parenthood performs an abortion every 95 seconds in this country, or approximately the equivalent of the population of Cleveland.

      What is lost in all of this give and take is the fact that this budget debate is for the spending for the year that is already half over. The Reid Pelosi team decided NOT to do a budget AT ALL last year……………….. and now are playing the martyr role!

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