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From The Hill:

House Republican leaders got an earful in two separate private meetings Wednesday from conservatives fuming over their move last week to pass a Medicare payment fix without a full House vote.

The leadership on Thursday had abruptly put up a bill to prevent a cut in Medicare reimbursements to doctors, passing it by voice vote rather than holding a recorded roll-call vote. Few members were on the House floor to object, angering conservatives who accused the leadership of subverting the democratic process.

I’m getting used to being deceived by the Obama administration, but when my own leaders do it, it’s not acceptable at all,” Rep. Matt Salmon (R-Ariz.) said

Read more: http://thehill.com/homenews/house/202464-house-republicans-gop-leaders-deceived-us#ixzz2xpE0W5kR
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It’s impossible to default on the debt—-years down the road, maybe

October 3, 2013

By

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/

 

The DCCC, the official party organization tasked with electing Democrats to the House, will blast out this taunting list later today:

Suggested House Republican Retreat Agenda Items

  • Have breakfast paid for by lobbyists
  • How to stop talking about “legitimate rape” and insulting women
  • Science 101
  • Creating tax breaks and tax shelters for millionaire campaign donors
  • Math course on counting to 218 votes
  • A primer on the stock market crash of 1929 and how you could be responsible for the next one.
  • Coup d’etat prevention and planning
  • Trust falls
  • Big-picture thinking
  • Practice interacting with women and minority voters
  • How to increase our approval ratings: What root canals, traffic jams, cockroaches and head lice are doing right
  • Remedial hurricane recovery
  • Your inner Tea Party and you
  • Have dinner paid for by lobbyists

http://news.yahoo.com/blogs/ticket/democrats-taunt-gop-house-members-party-retreat-151726259–election.html

The US House of Representatives has adjourned for the night, scheduled to reconvene at noon on Janury 1, 2013. The Senate Democrats are meeting with Vice President Joe Biden who is trying to get them on track, and all of this is after the President spoke at 1:30pm, with complete disdain and arrogance, and displaying a complete lack of leadership.

So it is now official that the fiscal cliff point has arrived, and we should all get ready for the New Year fireworks.

“But, to the technocrats in the federal government, the tax you don’t have to
pay on the value of rent you don’t have to pay because you own your home is a
loophole.”

http://www.breitbart.com/Big-Government/2012/12/08/the-most-absurd-loophole-in-the-tax-code

Be sure to read the scenario for the tax loophole!!

WASHINGTON (AP) — The political fight that took the nation to the verge of defaulting on its debts last year is back, overshadowed by “fiscal cliff” disputes but with consequences far graver than looming tax hikes and steep spending cuts.

The government is on track to hit its $16.4 trillion borrowing limit later this month. And while the Treasury can keep the government functioning through early next year, President Barack Obama is bluntly insisting that any deal on the fiscal cliff include an end to brinkmanship on the debt ceiling.

Obama is demanding tax rate hikes on the rich, using the prospect of a worse alternative and the momentum of his re-election as leverage. But the debt ceiling gives Republicans a powerful weapon to extract further deficit reduction too, contributing to the current stalemate.

Both sides have warned that plunging off the fiscal cliff — letting income taxes increase for all and kicking in deep cuts in defense and other programs — could rattle the fragile economic recovery.

But failure to raise the borrowing cap would leave the government unable to pay its debts. That would roil the stock market, result in a likely downgrade in the nation’s credit rating, increase interest rates and threaten another financial crisis. Last year’s fight prompted Standard & Poor’s to reduce the AAA rating for government bonds.

That risk gives Republicans the weight to counter Obama in fiscal cliff talks and demand that the president agree to greater spending reductions or savings from programs such as Medicare, Medicaid and even Social Security.

Full article: http://news.yahoo.com/debt-limit-gives-gop-leverage-obama-demands-fix-080146020–finance.html

The GOP needs to be strong and firm on its stance with regard to revenues and for spending cuts. If we don’t get serious NOW regarding REAL reform to the tax code and to entitlements,then When?

WASHINGTON (AP) — President Barack Obama faces a new urgent task now that he has a second term, working with a status-quo Congress to address an impending financial crisis that economists say could send the country back into recession.

“You made your voice heard,” Obama said in his acceptance speech, signaling that he believes the bulk of the country is behind his policies. It’s a sticking point for House Republicans, sure to balk at that.

The same voters who gave Obama four more years in office also elected a divided Congress, sticking with the dynamic that has made it so hard for the president to advance his agenda. Democrats retained control of the Senate; Republicans kept their House majority.

House Speaker John Boehner, R-Ohio, spoke of a dual mandate. “If there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs,” he said.

Senate Republican Leader Mitch McConnell of Kentucky had a more harsh assessment.

“The voters have not endorsed the failures or excesses of the president’s first term,” McConnell said. “They have simply given him more time to finish the job they asked him to do together” with a balanced Congress.

for full article: http://news.yahoo.com/given-2nd-term-obama-now-facing-urgent-task-145056975–election.html

     Claiming that the DOJ’s raids on Gibson Guitars is politocally motivated, and that the DOJ is trying to interpret and enforce the laws of another country, Gibson’s CEO has been invited to attend Obama’s economy speech before the Joint Session of Congress tomorrow. He was invited by Rep. Marsha Blackburn (R-TN), and will be seated in Speaker John Boehner’s box.

from the National Review:

Sources tell National Review Online that Gibson’s chairman and chief executive, Henry Juszkiewicz, will attend President Obama’s joint address to Congress on Thursday. Federal agents recently raided Gibson’s manufacturing facilities, suspecting that the company was using illegally-imported wood. 

Juszkiewicz has vocally defended Gibson’s practices and denied the allegations. “There’s no doubt we’re being persecuted,” he said in an interview with the Tennessean. “But while I was sitting in my conference room, while agents blocked the door to my office, I decided two things. One, we were going to try and fight this in court. Secondly, we were going to give this issue visibility.”

Juszkiewicz will be the guest of Rep. Marsha Blackburn, a Tennessee Republican. Blackburn represents numerous Gibson employees, many of whom reside in the Nashville suburbs.

http://www.nationalreview.com/corner/276481/embattled-guitar-exec-attend-obamas-speech-robert-costa

 

Democratic strategist James Carville told me that the White House was in the wrong when it requested that the President address Congress on the same night and time as a Republican presidential debate.

“I do think this is a really big debate and I think the White House was out of bounds…in trying to schedule a speech during a debate,” Carville said on “GMA.”

This will be Gov. Rick Perry’s first debate, and as Carville said this morning the stakes are high.

“Given a choice between watching a debate and the speech I would have watched the debate and I’m not even a Republican or even close to being a Republican,” he said, adding it will be a “barn burner.”

The administration agreed to move the speech to Thursday- possibly competing with the kick off of the NFL season instead. The White House has been touting this jobs plan telling ABC News that he will propose tax relief, infrastructure investment and assistance for the long term unemployed.

Obama has received advice from both sides with some arguing for an ambitious proposal and others recommending finding middle ground.

Carville, an ABC News consultant, told me it doesn’t matter what Obama proposes, it won’t get through Congress.

“Just go out and just document it, it’s not so much that the speech is important George, it’s the follow up after the speech,” he said. “And this is going to have to be what they are going to run the 2012 campaign on…this congress is not going to pass anything that the president proposes, that is pretty clear.”

George Stephanopoulos

http://abcnews.go.com/blogs/politics/2011/09/james-carville-white-house-out-of-bounds-over-speech-flap/