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Shutdown deal averts catastrophe
but leaves economy in peril

Washington Post, by Zachary A. Goldfarb

Original Article

Posted By:Dreadnought, 10/16/2013 11:28:29 PM

The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling averts a financial catastrophe but leaves the weakened U.S. economy facing new threats. The agreement will send about 450,000 federal employees back to work and restart paychecks for the 1.3 million employees who stayed on the job during the shutdown. Getting those salaries back in circulation will help economic growth, particularly in the Washington area. More important, the threat of a default on the national debt has been avoided, along with the recession and financial crisis that may have accompanied a failure to

      


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Reply 1 - Posted by: charliecoconut, 10/17/2013 12:21:57 AM     (No. 9568779)

Yawn...it´s too late now to be worried about the economy


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Reply 2 - Posted by: JediJerry, 10/17/2013 12:42:54 AM     (No. 9568791)

The only catastrophe we avoided was Obama ordering the Treasury Department to not pay our bills as as per the Constitution. It would have been a Constitutional crisis of greater magnitude than any financial problems it would have caused had he done so. But it´s late in the game and the fat lady ain´t sung yet, se we can just wait it out and see if the Obamatanic misses the next iceberg.

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Reply 3 - Posted by: Leonardo, 10/17/2013 1:06:10 AM     (No. 9568806)

Averts catastrophe? The real catastrophe is that the bloated federal government debt gets a higher ceiling, and the eminently dupe-able American people are duped once again. With WaPo propagandists and their ilk working working 24/7 for the Marxist King, the road ahead to avert an American socialist state will be a tough one.

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Reply 4 - Posted by: smcchk, 10/17/2013 2:14:30 AM     (No. 9568826)

This might be a very good thing that happened today. The GOP tried and failed but now Obama and the Dems own everything that happens from now on. Obamacare will be a disaster, the economy will continue to slide and the Dems will continue to spend. Even the lo-fos will know who is responsible. Let the repercussions begin!

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Reply 5 - Posted by: littleorby, 10/17/2013 3:34:54 AM     (No. 9568843)

Yep! Congress did the SMART thing:

It will be a lot easier to straighten things out after we´re another TRILLION dollars in debt.

Right?

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Reply 6 - Posted by: Spidey, 10/17/2013 3:38:12 AM     (No. 9568844)

I wonder how many gov´t workers were glued to their computers,refreshing their bank page to see if direct deposit has been dropped yet? Their unemployment and back pay will probably hit at the same time.

The economy´s not in peril because of a pause in government spending,the problem is Obamacare but people are too stupid to figure it out.

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Reply 7 - Posted by: gaeditor, 10/17/2013 5:28:11 AM     (No. 9568860)

FTA: (while ROTFLMAO)

"Getting those salaries back in circulation will help economic growth, particularly in the Washington area."

Well, that makes it OK, right? I mean the government peons in Washington are back. The bars in DC will be open, people can go back to eating in the best restaurants and go back to their ´important´ dinner parties. My life can get back to normal.

The people in DC are the most fatuous, useless, disgusting, navel-gazing, narcissistic, petty, posturing nitwits on the planet. They love Obama because they are just like him.

Only problem is that fight that would ensue of the last lifeboat. Now THAT would be a fight to the death - for real.

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Reply 8 - Posted by: Hermoine, 10/17/2013 7:03:01 AM     (No. 9568925)

Amazing, Zippy can get out of bed to sign this bill but not to deal with lives in peril in Benghazi.

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Reply 9 - Posted by: Starlady, 10/17/2013 7:09:33 AM     (No. 9568932)

I just checked the roll call votes from the House. I was pleased that my congressman and most other conservatives voted against the Senate bill. The vote that surprised me the most was from a "conservative" in the House running for Senate and lauded by most Tea party groups, Representative Cotton, voted for the Senate Democrat bill. I have already received fund raising letters on his behalf but fortunately have not given his campaign any money. Just a warning that he is not a candidate theTea Party should be supporting unless they ignore their belief in fiscal responsibility.

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Reply 10 - Posted by: oh-heck, 10/17/2013 7:28:03 AM     (No. 9568957)

The fact that 70% of the jobs created over the last year are part time jobs due to Obamacare is conspicuously missing. The fact that many hospitals have reduced staff in anticipation of the lower payments they anticipate as the law takes effect. Wait till those who find themselves eligible for Medicaid learn they need to find a doctor who will accept new Medicaid patients.

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Reply 11 - Posted by: OhMy, 10/17/2013 7:37:12 AM     (No. 9568978)

The Obama admin started off with the motto never let a crisis go to waste and now he gives us a lecture against governing by crisis. How long will the GOP sit meekly giving this phony everything he wants and taking hypocritical statements like that without saying a thing. Obama is creating all these crisis to get his way and putting the blame with the aid of his media allies on the GOP. Speak up you cowards! There was no catastrophe in this crisis except the one threatened by Obama. The catastrophe is Obama!

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Reply 12 - Posted by: Rinktum, 10/17/2013 8:14:32 AM     (No. 9569025)

Obama runs roughshod over the American people with no real pushback from the Republicans because we have leaders lacking strategic thinking ability without the will to fight. We have not averted a catastrophe. We have gleefully boarded the Titanic. Well done, RINO´s.

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Reply 13 - Posted by: dodge boy, 10/17/2013 8:18:59 AM     (No. 9569032)

I used to poo poo the big aftershock described in David Wiedemer´s writings but now see it as a certainty.

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Reply 14 - Posted by: bpl40, 10/17/2013 8:21:29 AM     (No. 9569041)

If the GOP effort had succeeded in ´defunding´ 0bamacare it would still be a postponement, not outright repeal. The ´Rats, their MSM allies and the Kenyan´s regime would all have blamed the GOP for the fiasco. Now it is their ball, hissy fits and all. They will still try to blame GOP and Bush but those accusations will seem pale front of the real suffering people will be experiencing by November 14. We must be alert not to let the RINOs snatch this ball of tar from the hands of the ´Rats and smear themselves with it..

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Reply 15 - Posted by: lasvegaslou, 10/17/2013 8:21:47 AM     (No. 9569042)

The Kabuki, on the National stage of Washington, DC, continues. Enough voters are taken in by it to keep the Ruling Class in power - or else American apathy is so great that we would allow an avowed Socialist of questionable origin and limited intelligence to occupy the highest elected office in the land.

By the way, those of you who have never seen a Kabuki, a form of Japanese dance, try and find a video of one on the Internet. You will think you are watching a pantomime of our Government in action.

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Reply 16 - Posted by: Felixcat, 10/17/2013 9:04:36 AM     (No. 9569107)

I initally thought that Obama and Reid would use this CR/Obamamcare issue to destroy the Republican Party. I was wrong. They are going to use it to destroy the Tea Party. By the Senate (under Reid) not puting forth a federal budget in five years, they have basically kept the House from performing its Constitutional duty. Soft tyranny indeed.

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Reply 17 - Posted by: tobias, 10/17/2013 9:04:46 AM     (No. 9569110)

Saw this coming.We are being played. Deals have been cut for years down the road. Picture this. Obama will graciously waiver enrollment in obamacare for 1 year if we give in to his demands on immigration. Meanwhile we will be hiring the dregs of society at $48.00 an hour as navigators to explain and enforce obamacare. Their job description is be lazy, be incompetent, be rude and in general make our life a living hell. We will use the trillion dollars to pay their wages. Oh and in 2 months as far as budget and deficit go, rinse and repeat.

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Reply 18 - Posted by: dman, 10/17/2013 9:15:33 AM     (No. 9569129)

The only thin silver lining in this is that the deadline timing is correct: after the holidays but before the primaries. The rest is a really dark cloud.

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Reply 19 - Posted by: Udanja99, 10/17/2013 9:25:28 AM     (No. 9569150)

I give up. I´ve spent 30 plus years being politically knowledgable, writing my senators and reps, voting, contributing to candidates and all it´s gotten me are sleepless nights, worry and aggravation.

There are only a small handful of true patriots in DC and they are being successfully crucified by the enemedia. The rest of them are simply lining their own pockets at the expense of the nation and it´s future, or they are actively seeking the destruction of the country.

If I disappear from this site after 14 years, it´s because I no longer see the point in paying attention to all of the carp when nothing is going to improve. There are more satisfying ways for me to spend my time. Maybe ignorance really is bliss.

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Reply 20 - Posted by: TrueBlueWfan, 10/17/2013 9:27:22 AM     (No. 9569153)

I did 3 different searches, and nowhere could I find what the debt limit was raised up to. The liberal news media at work protecting Barry again! I will have to rely on what I heard on the radio yesterday; that Harry Reid wanted $1 Trillion, but they gave him $986 billion.
In other words, we are going to burn through almost a TRILLION $$$ in 90 days! THAT is the story!

This is a stupid article, blaming the Sequester for 800,000 lost jobs and pretty much making Washington DC the center of the universe, responsible for all economic activity. BS

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Reply 21 - Posted by: gwmcclintok, 10/17/2013 9:51:18 AM     (No. 9569202)

There is no more Congress. They gave up their power of the purse. Now all any President has to do is threaten a default. The constitution was broken by these 84 Republican Representatives along with democrats. Obama can spend all he wants, the Republican House will not stop him. On this vote, Boehner was the leader of the democrats, not the Republicans. He is the Democrat Leader since
a minority of Republicans voted for it.
Yes, the economy is in peril, but the Constitution of the United States has been destroyed as of right now.

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Reply 22 - Posted by: terrywhite, 10/17/2013 10:07:05 AM     (No. 9569237)

Can someone please explain to me how this deal is legal? The constitution clearly says that all spending bills must originate in the House, but this deal originated in the Senate with the House simply approving so how is that legal?

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Reply 23 - Posted by: Grambo, 10/17/2013 10:18:39 AM     (No. 9569261)

And despite the deal, China today downgraded US credit anyway. They have no illusions about how dysfunctional Washington has become under this administration.

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Reply 24 - Posted by: bnrmusa, 10/17/2013 10:32:12 AM     (No. 9569286)

Hang in there #19, you always bring something worthwhile to the table.


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Reply 25 - Posted by: nevernaught, 10/17/2013 10:47:39 AM     (No. 9569314)

Did anyone over at the House even read the Senate bill. According to a Drudge article this morning, Senate minority Leader Mitch McConnell, in exchange for funding ObamaCare and raising the debt limit, secured a $2 billion dollar earmark for a Kentucky dam project. He was willing to sell out to gain a political edge.

When you work in a corrupt organization long enough, you eventually sell out everyone. It seems that it is OK to continue a corrupt Health Law so certain people can go home and say look what I did for you, and it only raised the deficit by 2 billion dollars.

These same people call the Tea Party names for asking that government follow the Constitution and act honestly. I´m disgusted with the GOP as a party. They are money grubbers right along with the Democrat Party.

Since only 13% of people polled recently feel that the US Government is heading in the right direction, I can only hope that things can get corrected. At this stage, I have my doubts. Selling you soul for money seems to be common in both houses of Congress and the Presidency.

They make George W Bush look like a Saint.


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Reply 26 - Posted by: chicodon, 10/17/2013 11:14:55 AM     (No. 9569387)

We will continue kiting checks until we get caught. The saddest thing I have seen "recently", as in the last couple of days, was watching the nonexistent press sitting on their hands. Carney calmly claimed that "we must raise the debt limit so we can borrow the money to pay our debts". There should have been Bronx cheers. This country is screwed on every level imaginable.

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Reply 27 - Posted by: owl, 10/17/2013 11:26:19 AM     (No. 9569411)

The Three Stooges screwed us with Odebtorcare and guess what´s next ?. Amnesty for millions of Mexicans. Pelosi is back for one reason - votes from illegals -soon- to- be-legals. The purple- lipped socialist nutcase is wasting no time on signing them up. Pray congress won´t take more poison bait.

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Reply 28 - Posted by: strike3, 10/17/2013 12:13:06 PM     (No. 9569486)

Members of the house and senate are going to pay dearly in the next election for obamacare and the rise of the debt ceiling. I fear that our gains there will be offset by the millions of new illegal democrats that will be solicited to vote for the people who let them in the country and essentially gave them a free ride from poverty to relative luxury at the expense of the US taxpayer.

Nothing will improve in this country until it all crashes and Darwin´s Law is imposed by default, there are just too many parasites. I´m with #19, what´s the point in watching the news, suspecting the republicans will cave at every point of contention and then watching them cave at the midnight hour? They all suck.

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Reply 29 - Posted by: Grampy, 10/17/2013 2:03:14 PM     (No. 9569671)

Honey! We´re good for another 6 months; I just found another pad of checks!

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Reply 30 - Posted by: LC Chihuahua, 10/17/2013 4:00:13 PM     (No. 9569868)

The government never had to shutdown. What percentage of government employees could be on furlough, and still let the government function? They could have done rolling furloughs. That how businesses do it and stay open.

The government was never in danger in defaulting on the debt unless Obama chose to suspend payments on the debt.

Obama would likely do everything he could to hurt this country. Suspend debt payments. Suspend welfare and food stamps, and watch the rioting and looting. Think of it as Obamalaw.

The Dems and the media would blame the Republicans, and most people would believe it because they cannot think for themselves.

Regretably (sp?), we are problem beyond the point of fixing all of this.

While Republicans and conservatives fight amongst themselves, the Dems work at consolidating power.

The big government Republicans would rather side with the Dems over conservatives. Perhaps that has alot to do with Romney losing the last election. Cannot let the conservatives get too much power.

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Reply 31 - Posted by: lc hoghead, 10/17/2013 7:20:50 PM     (No. 9570200)

There’s no actual debt ceiling right now.

The fiscal deal passed by Congress on Wednesday evening to re-open the government and get around the $16.4 trillion limit on borrowing doesn’t actually increase the debt limit. It just temporarily suspends enforcement of it.

That means Americans have no idea how much debt their government is going to rack up between now and Feb. 7, when the limits are supposed to go back into place and will have to be raised.

There is no dollar amount set for how much debt the government can accumulate between now and then. The suspension strategy was employed first earlier this year during previous fiscal battles in Congress.

Such tactics infuriate anti-government waste groups.

“Suspending the debt ceiling without a dollar amount is further proof that Congress is taking a major step backward in fiscal responsibility,” David Williams, the president of the Taxpayers Protection Alliance, told TheDC on Thursday. “A real dollar figure is a constant reminder to taxpayers and Congress that the country is broke. This was done to hide the real debt from taxpayers.

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Reply 32 - Posted by: formerlyphelps, 10/17/2013 7:36:55 PM     (No. 9570224)

Did I miss something? I thought only 17% of the gov’t was shut down for 2 weeks. According to this article, Washington is barely chugging on 1-1/2 cylinders after the near apocalypse. Those “poor” struggling federal workers just got a 2 week paid vacation on the taxpayer (probably without sacrificing ANY of their regular vacation benefits).

Their paychecks were “out of circulation” in the economy? What, do they get paid daily so they can buy a loaf of bread to stave off starvation? Absolute bunk. Their pay was NEVER OUT OF CIRCULATION in the economy – the gov’t wasn’t shut down long enough.

And what kind of nonsense is this “more money for federal workers will stimulate the economy” detritus? Zach says “health care costs are going up” without noting the cause!

Can’t take too much more of this…


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Smoking Gun, by Staff    Original Article
Posted By: drive- 4/7/2014 2:00:17 PM     Post Reply
When friends and family members gathered recently at the White House for a private celebration of Michelle Obama’s 50th birthday, one of the invited partygoers was a former paid FBI Mafia informant. That same man attended February’s state dinner in honor of French President Francois Hollande. He was seated with his girlfriend at a table adjacent to President Barack Obama, who is likely unaware that, according to federal agents, his guest once interacted with members of four of New York City’s five organized crime families. He even secretly taped some of those wiseguys using a briefcase that FBI technicians outfitted

Peaches Geldof dies unexpectedly at age 25
36 replie(s)
Associated Press, by Sylvia Hui    Original Article
Posted By: Drive- 4/7/2014 2:44:12 PM     Post Reply
LONDON - Peaches Geldof, the wild-child second daughter of concert organizer Bob Geldof who worked as a model, a television presenter and a fashion writer and filled the pages of British tabloids with her late-night antics, has died at age 25. There was no immediate word on the cause of her death at her home in Wrotham, Kent, southeast England. Her father said in a statement Monday: "Peaches has died. We are beyond pain." "She was the wildest, funniest, cleverest, wittiest and the most bonkers of all of us," he said. "Writing 'was' destroys me afresh. What a beautiful child. How is this possible that we will not see her again? How is that bearable? We loved her and will cherish her forever."




Caught kissing staffer, Rep. Vance McAllister
asks for forgiveness

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CBSNews.com, by Lindsey Boerma    Original Article
Posted By: karmageddon2008- 4/7/2014 6:52:58 PM     Post Reply
A married freshman Republican congressman who campaigned on his Christian, conservative values apologized Monday after surveillance video surfaced purportedly showing him in a lengthy liplock with a staffer. In the Dec. 23 footage, obtained by a local newspaper, Rep. Vance McAllister, R-La. - who ahead of his election last fall ran multiple campaign ads trumpeting his faith and family - is seen kissing and embracing a woman for about 20 seconds at his Monroe, La., district office. The Ouachita Citizen reports the woman is the congressman´s 33-year-old part-time scheduler, who is also married.

Millions of Americans aren´t working. Why?
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CNBC, by Allison Linn    Original Article
Posted By: NorthernDog- 4/7/2014 2:32:09 PM     Post Reply
Call it the million-worker mystery. A large chunk of American adults are no longer in the labor force. That has left economists divided over how many of them are voluntarily not working-or even looking for work-because they wanted to retire, go to school or take care of family members, versus how many have been forced out because they couldn´t find a job. (snip) Shierholz estimates that there are currently more than 5 million missing workers who are not included in the unemployment rate because they are neither working nor looking for work, but who might be if the job market

Democrats slam ´offensive´
Pelosi image on Breitbart site

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USA Today, by Catalina Camia    Original Article
Posted By: Scottyboy- 4/7/2014 4:34:06 PM     Post Reply
The Democratic National Committee is furious by a conservative website’s ad campaign that depicts Minority Leader Nancy Pelosi clad in a bikini in a provocative pose with her tongue sticking out. Rep. Debbie Wasserman Schultz, chairwoman of the Democratic National Committee, called on Republicans to press Breitbart News to remove the artwork — one of several suggestive images on the website promoting the new California site. The image of Pelosi, beneath one of California Gov. Jerry Brown’s face photo-shopped onto a flexing body builder, includes the sub-head: “Because you can’t make this s— up.” “To say the least,

House Committee: Possible
Crimes by IRS Official

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Associated Press, by Stephen Ohlemacher    Original Article
Posted By: Scottyboy- 4/7/2014 8:14:52 PM     Post Reply
The chairman of the House Ways and Means Committee says investigators have uncovered evidence that a former Internal Revenue Service official may have committed crimes as part of the agency´s tea party controversy. Rep. Dave Camp set a committee vote for Wednesday on whether to refer Lois Lerner, who used to head the agency´s tax-exempt division, to the Justice Department "for possible criminal prosecution." Camp, R-Mich., did not specify which laws Lerner may have broken. Lerner´s lawyer, William W. Taylor III, has said she broke no laws. On Monday, Taylor emailed this response to Camp´s announcement: "One word: Ridiculous." Camp´s committee has been investigating

Bryan Cranston of ´Breaking Bad´:
Obamacare ´is fantastic´
despite ´growing pains´

31 replie(s)
Washington Examiner, by Paul Bedard    Original Article
Posted By: AltaD- 4/7/2014 11:01:59 AM     Post Reply
Add Bryan Cranston, the star of TV´s recent hit "Breaking Bad" and a new Broadway play about former President Lyndon B. Johnson, to Team Obamacare. In an interview with Yahoo News “global anchor” Katie Couric, the actor called Obamacare the highlight of President Obama´s legacy. “Now’s the time to stake a claim to leave your legacy,” he encouraged Obama. “I personally believe that his health care program is fantastic. Yes, there are problems. Anything worth while is going to go through a growing pains period. But this is his legacy and I think it’s a great one because I don’t

Handling of former IRS employee
Lois Lerner makes lawyers cringe

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Washington Times (D.C), by Stephen Dinan    Original Article
Posted By: JoniTx- 4/8/2014 6:32:30 AM     Post Reply
As the House prepares for several key votes on former Internal Revenue Service employee Lois G. Lerner and potential legal action, analysts say she and her attorney have mishandled their case by picking and choosing when they want to talk, and to whom they are willing to talk. Ms. Lerner faces a vote in the House Oversight and Government Reform Committee on Thursday that could begin the process of accusing her of contempt of Congress. The Ways and Means Committee announced that it will hold a vote Wednesday on whether to officially accuse Ms. Lerner of breaking the law by

´I´ll never forgive Michelle Obama for this
school lunch´: Students sick of smaller,
healthier portions take to social media
to rail against First Lady´s pet project

28 replie(s)
Daily Mail [UK], by Staff    Original Article
Posted By: Attercliffe- 4/7/2014 8:06:22 AM     Post Reply
American public school students sick of the smaller portions and healthier offerings they get at lunch thanks to Michelle Obama´s anti-obesity initiatives are sounding off on social media. Just a month after school lunch participation saw the steepest drop on record following the implementation of the Healthy, Hunger-Free Kids Act, students tired of going home hungry are making sure the first lady knows why. ´I´ll never forgive Michelle Obama for this school lunch,´ tweeted one angry student. [Snip] The extremely negative reviews have over a million kids refusing to eat the offerings, an ironic result for legislation meant to combat


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