Post New Article

The Debt-Ceiling ‘Crisis’ Might Be
Over, But The Debt Crisis Has Just Begun

Original Article

Posted By: RockyTCB, 6/1/2023 6:57:59 AM

Late Wednesday, the House passed an agreement to raise the debt ceiling in exchange for a few micro changes in spending. But despite all the (wildly exaggerated) warnings about a default, complaints from both sides about the terms of the deal, and what no doubt will be celebrations in the White House for getting a deal done – this fight has always been a sideshow. It’s the debt itself that poses the real and immediate crisis. And this debt ceiling bill does absolutely nothing to address that. In other words, it’s business as usual in Washington, and anyone celebrating this agreement should be run out of town on a rail.

Post Reply

Reply 1 - Posted by: LanceLink1 6/1/2023 7:12:10 AM (No. 1482132)
Just begun? It's been going on for twenty years and 32 trillion dollars!
5 people like this.

Reply 2 - Posted by: ARKfamily 6/1/2023 7:21:00 AM (No. 1482134)
This is my take on all of it. Yes, I am disappointed with the bill but I have to remind myself who is involved. We have a Democrat-controlled Senate and a president who doesn't hesitate to use the veto vote or executive orders. I firmly believe that the veto vote and executive orders have diminished the role of Congress. Our current president didn't even want to meet to discuss the debt ceiling/budget talks. Given that, it is my firm belief that Washington DC has forgotten about who they serve. The American people. Not themselves. There are so many conflicts of interest that seem to be embraced rather than stepping down from or stepping aside. It is sad because now we have division everywhere and I am absolutely tired and frustrated with it. Thankfully, there is someone more powerful than all of this - God. I have a framed saying that says "Don't make me come down there - God" and there are those times that I wish He would. . .
2 people like this.

Reply 3 - Posted by: Mcscow sailor 6/1/2023 7:55:30 AM (No. 1482144)
True. Congress votes for one of two outcomes…further descent into the debt trait, or default. As a group, they represent a stunning failure of their constitutional responsibilities. For example, this ceiling increase for two years is barely enough to fund the interest payments on the debt.
5 people like this.

Reply 4 - Posted by: clayusmcret 6/1/2023 10:00:22 AM (No. 1482224)
Congress is killing America's future. That's the downside of having so many old people in congress. They know they'll be gone when the dam breaks.
1 person likes this.

Reply 5 - Posted by: Strike3 6/1/2023 10:58:46 AM (No. 1482262)
Spot on. The huge mountain of debt that has been willfully built up through frivolous and unnecessary spending not only requires us to waste money for the next fifty years on interest payments but robs Americans of money that could be spent on improvements to our infrastructure, medical research, scientific endeavors and enhancing our position in the world. Our children and grandchildren will be forced to pay for what was spent on useless wars, green garbage, support of the useless, parasitic portion of our population, illegal immigration, destructive public education, foreign aid to countries that universally hate us, pork to blue states, the list is endless. Solving the current problem assumes that the US Government will be fiscally responsible from this day forward and not make it worse, which is an impossible feat given the caliber of idiots we keep sending to Washington.
3 people like this.

Reply 6 - Posted by: Avanti1 6/1/2023 11:05:41 AM (No. 1482265)
With Democrats controlling the Senate and Executive Branch, Republicans were never in a position to dictate a responsible plan for government spending. The House plan to return to regular order and pass separate appropriation bills for each federal department as opposed to massive last a minute omnibus spending bill is a good step in returning to fiscal sanity but that is not enough. In FY2022, federal government spending breaks down as follows: 27% Medicare, Medicade and other health care 19% Social Security 18% Income Security 12% National Defense 8% Net Interest 16% All Other Source: https://www.heritage.org/budget-and-spending/commentary/6-charts-show-why-washington-must-cut-spending-asap As this article rightfully points out, the real issues are not being addressed.
1 person likes this.

Reply 7 - Posted by: Roads 6/1/2023 1:48:50 PM (No. 1482369)
Mc Carthy and his fellow Rino's are like the kid that goes to ball game, buys a $6.00 hot dog, with a $10. bill, gets $4. back and thinks he has more money, because he now has 4 bills in stead of 1. when he could have gone to Costco and purchased a footlong and drink for $1.50.
1 person likes this.

Below, you will find ...
Most Recent Articles posted by "RockyTCB"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by RockyTCB"
Has Anyone Noticed Trump Sounds Like A
Liberal Democrat These Days?
20 replies
Posted by RockyTCB 6/2/2023 5:46:12 AM Post Reply
As Donald Trump ramps up his attacks on Florida Gov. Ron DeSantis, a strange trend is emerging. Most of his attacks are coming from the left. In his speeches, posts on Truth Social, and comments to the press, Trump has been shouting things like: DeSantis wants to cut Social Security and Medicare! DeSantis did a worse job on COVID than New York Gov. Andrew Cuomo! DeSantis’ attack on Disney “is all so unnecessary, a political STUNT!” In one recent post, Trump said that “I strongly defended and backed Ethanol, Ron ‘DeSaster’ has ALWAYS been strongly against Ethanol,
The Debt-Ceiling ‘Crisis’ Might Be
Over, But The Debt Crisis Has Just Begun
7 replies
Posted by RockyTCB 6/1/2023 6:57:59 AM Post Reply
Late Wednesday, the House passed an agreement to raise the debt ceiling in exchange for a few micro changes in spending. But despite all the (wildly exaggerated) warnings about a default, complaints from both sides about the terms of the deal, and what no doubt will be celebrations in the White House for getting a deal done – this fight has always been a sideshow. It’s the debt itself that poses the real and immediate crisis. And this debt ceiling bill does absolutely nothing to address that. In other words, it’s business as usual in Washington, and anyone celebrating this agreement should be run out of town on a rail.
Will Your Next Auto Be An EV? Most Say
No: I&I/TIPP Poll
20 replies
Posted by RockyTCB 5/31/2023 5:49:18 AM Post Reply
Policymakers inside the Biden administration have repeatedly assured Americans that electric vehicles (EVs) are an unavoidable and essential part of the “net-zero” carbon emissions world that they’re trying to regulate into existence. But despite hefty subsidies and future bans of gasoline-powered cars, Americans aren’t ready to jump on the EV bandwagon, the latest I&I/TIPP Poll shows. For our most recent online public opinion poll of 1,412 drivers, taken from May 3-5, we asked a straightforward question of consumer intent: “How likely will you consider buying/leasing an electric vehicle for your next car?”
Defund The IRS 7 replies
Posted by RockyTCB 5/30/2023 7:10:27 AM Post Reply
The debt ceiling deal reached by the Republican leadership and the administration is far from perfect in the eyes of anyone who cares about runaway government spending (which is the only government spending we know of). But it appears House Speaker Kevin McCarthy was able to block, at least for a year, the hiring of a field army of IRS soldiers. Like a thousand lawyers at the bottom of the ocean, it’s a good start, though there’s still a long way to go. Among the hundreds of sections in the 99-page bill, No. 251 is “Rescission of certain balances made available to the Internal Revenue Service.” More specifically, the legislation,
America’s Dangerous Shortage Of Free Thinkers 5 replies
Posted by RockyTCB 5/26/2023 7:34:50 AM Post Reply
Our country has become a conformist society where free expression is rewarded with the swing of a truncheon. We’re on a road that leads to repression, and we are not far from the destination. This nation owes its existence and its never-seen-before prosperity to free thinkers. The founders were men of the enlightenment. They stand in stark contrast to our ruling class of today, a corrupt and depraved cabal of politicians, state media, institutional leaders, militant activists and corporate executives that is hurtling us into an era of darkness. In the 2020s, the only “truth” is what the narrative, invariably fabricated
Medicare For All: This Idea Has To End 7 replies
Posted by RockyTCB 5/25/2023 8:12:04 AM Post Reply
Sen. Bernie Sanders is still promoting Medicare for All to “solve” several problems with the current health care system. What are those problems? Cost and access are the top two. Advocates for socialized medicine schemes like Medicare for All get both wrong. The U.S Doesn’t Spend ‘Too Much’ on Health Care Typical framing of the cost issue shows U.S. healthcare spending relative to gross domestic product (GDP). But, health care spending should be divided by household disposable income, which is the amount of income available to spend after taxes. The U.S. ranks no. 1
The Republican Primary Is Wide Open —
And That’s A Good Thing
22 replies
Posted by RockyTCB 5/25/2023 6:09:08 AM Post Reply
After working hard to keep Ron DeSantis from entering the presidential primary at all, Donald Trump now is trying to make the case that the Florida governor has no chance of winning. Trump might believe it – though his barrage of attacks against DeSantis suggests otherwise. But anyone who thinks that the Republican primaries are over long before they even get started needs a lesson in history. When news broke earlier this week about DeSantis’ plan to enter the race, Trump immediately posted a series of links
Things Really Are Looking Up Under Biden 10 replies
Posted by RockyTCB 5/23/2023 5:52:02 AM Post Reply
Over the weekend, President Joe Biden claimed that some Republicans are hoping that the talks over raising the debt ceiling fail and the government defaults on its debt. “I think there are some MAGA Republicans in the House who know the damage that it would do to the economy, and because I am president, and the president’s responsible for everything, Biden would take the blame,” he said. What Biden is claiming assumes, of course, that things are going swimmingly right now, a point the president repeatedly makes, and how it’s all thanks to his policies.CORRECTION*
Will We Wake Up When We’re Hungry? 15 replies
Posted by RockyTCB 5/22/2023 5:35:05 AM Post Reply
It’s safe to say that at no time in human history have more people been better fed than are in our current era. So of course the left has to make sure that doesn’t continue. John Kerry, the man who has almost perfected the art of looking down his nose at the commoners so very far beneath him, told a group of co-elitists at a recent climate summit that, in the words of a Reuters reporter, “c​​utting greenhouse gas emissions from agricultural production is essential to the global fight against climate change.” In Kerry’s own words, he claimed “we can’t get to net zero, we don’t get this job done, unless agriculture
The Past Week Proves It — Democrats
Are The Brainless Party
10 replies
Posted by RockyTCB 5/19/2023 6:30:37 AM Post Reply
If Republicans are the stupid party – and you will get no argument from us here about that – perhaps the correct label for today’s Democratic party is “brainless.” Witness what it did in just the past few days: President Joe Biden showed up at the pro-abortion EMILY’s List gala, where he said “I also want to thank my buddy Kamala who I work for up in the White House for leading on this issue.” This is not the first time Biden has mistaken Harris as president. The fact that she could be president is worse, since there are few in public office as dimwitted as she.
Durham Report Is Utterly Damning, So Where
Are All The Indictments?
16 replies
Posted by RockyTCB 5/18/2023 6:03:17 AM Post Reply
The long-delayed, much-awaited Durham report has finally dropped. And what it shows is nothing short of shocking: A conspiracy at the highest levels of our government to fix an election in favor of one candidate over another. This is not something that deserves merely a handslap or the usual Inside-The-Beltway tut-tutting. It’s a criminal act for which people should go to prison. Just for the record, this is far worse than Watergate. And that ended Richard Nixon’s presidency, even though he neither planned nor approved of the break-ins against the Democratic Party offices in the famed Watergate Hotel. What will the perpetrators of this crime get?
Even Amid Trump’s Legal Troubles, His
Lead Widens: I&I/TIPP
11 replies
Posted by RockyTCB 5/17/2023 6:21:19 AM Post Reply
Former President Donald Trump has been much in the media in recent weeks, but not all or even most of the coverage has been favorable. Even so, he has stretched his lead against a field of potential Republican challengers significantly over the past month. Meanwhile, President Joe Biden’s lead against the Democratic field remains essentially the same, the latest I&I/TIPP Poll shows. In the online poll, taken from May 3-5, we asked 703 Democrats and those leaning Democrat, and 469 Republicans and those leaning Republican who their preferred candidate would be. The margin of error for the Democratic sample was +/- 4.0
Most Active Articles (last 48 hours)
Harry, Meghan Markle to ‘stop writing
books, documentaries’ as there’s ‘nothing
left to say’: report
24 replies
Posted by ladydawgfan 6/2/2023 7:07:36 PM Post Reply
Prince Harry and Meghan Markle have “nothing left to say.” In a shocking U-turn, the Duke and Duchess of Sussex are set to stop publishing tell-alls, engaging in sit-down interviews, and taking part in large-scale documentaries, according to a report. “That period of their life is over — as there is nothing left to say,” a source told the Sun of the exiled couple’s plan to step away from the limelight. The Duke and Duchess of Sussex sensationally stepped down as senior members of the royal family in 2021 — a decision that was followed by a permanent move to the US amid their ongoing quest for “privacy.”
Fashion magazine cover featuring pregnant
transgender man sparks outrage: 'Could
not sink any lower'
23 replies
Posted by Imright 6/2/2023 4:59:15 AM Post Reply
A topless pregnant transgender man featured on the cover of Glamour U.K.'s June issue ignited a fierce reaction from online critics Thursday. Author Logan Brown, a 27-year-old who was born female but now identifies as a transgender man, posed as the cover star of British Glamour Magazine's digital issue celebrating Pride Month in a painted-on suit, showcasing a large baby bump. Brown unexpectedly became pregnant with partner Bailey J Mills, a non-binary drag performer in the U.K., while taking a break from testosterone treatments due to health reasons, the fashion magazine said.
Fox News Openly Admits It Will Have to
Adhere to the Left's Woke Agenda
22 replies
Posted by Imright 6/2/2023 5:15:11 AM Post Reply
The Left’s woke agenda is melting into every aspect of Americans’ lives. It has taken over children’s books and movies, the month of June, beer, clothing, and now conservative news. Fox News anchor Harris Faulkner admitted on-air that the Right-leaning network might have to give in to the radical, progressive narrative in response to mandated diversity, equity, and inclusion (DEI) policies to comply with woke state laws. Faulkner referred to diversity, equity, and inclusion (DEI) mandates that are beginning to be enforced by various states nationwide— especially in New York {where Fox News is headquartered),
Has Anyone Noticed Trump Sounds Like A
Liberal Democrat These Days?
20 replies
Posted by RockyTCB 6/2/2023 5:46:12 AM Post Reply
As Donald Trump ramps up his attacks on Florida Gov. Ron DeSantis, a strange trend is emerging. Most of his attacks are coming from the left. In his speeches, posts on Truth Social, and comments to the press, Trump has been shouting things like: DeSantis wants to cut Social Security and Medicare! DeSantis did a worse job on COVID than New York Gov. Andrew Cuomo! DeSantis’ attack on Disney “is all so unnecessary, a political STUNT!” In one recent post, Trump said that “I strongly defended and backed Ethanol, Ron ‘DeSaster’ has ALWAYS been strongly against Ethanol,
SCOTUS to unions, 8-1: You break it, you
bought it
16 replies
Posted by Dreadnought 6/2/2023 12:17:08 AM Post Reply
Alternate headline: Pottery Barn rules apply to walkouts. In an 8-1 decision in which only Justice Ketanji Brown Jackson fully dissented, the Supreme Court ruled today that unions have to reimburse employers for damages caused by striking workers. The National Labor Relations Act does not confer immunity to unions or workers — the latest ruling from a court that has stiffened the boundaries for labor activities in the last few years: The Supreme Court ruled on Thursday that federal labor law did not protect a union from potential liability for damage that arose during a strike, and that a state court should resolve questions of liability. The majority found that if accusations
California Lawmakers Will Honor Anti-Catholic
Sisters of Perpetual Indulgence Member
15 replies
Posted by Beardo 6/2/2023 9:25:55 AM Post Reply
California lawmakers plan to honor a member of the “Sisters of Perpetual Indulgence” despite backlash over the Los Angeles Dodgers also honoring the anti-Catholic drag group. The “Sisters of Perpetual Indulgence” is an organization of men who dress in drag queen versions of Catholic religious habits and claim to have a “ministry,” according to its website. The California State Legislature’s LGBTQ Caucus will honor Michael Williams, a member of the “Sisters” who goes by “Sister Roma” and uses “she/her” pronouns.
JUST-IN: Mike Pence Ducks Out Georgia
GOP Convention Last Minute – Kari Lake
to Replace Him as Keynote Speaker With
President Trump
14 replies
Posted by Imright 6/2/2023 2:20:57 PM Post Reply
Kari Lake will replace Mike Pence as the keynote speaker alongside President Trump and other MAGA conservatives at the Georgia GOP convention on June 9. According to a source, ticket sales have more than doubled, with over 900 sales, compared to the last state GOP convention, which sold just 400 tickets. The Atlanta Journal-Constitution reports. The latest bout in the political feud between Donald Trump and Mike Pence is on hold. Both were set to speak at next week’s Georgia GOP convention, but the former vice president is a late scratch. Pence famously broke with the former president last year by endorsing Gov. Brian Kemp’s reelection bid,
'Crisis averted' - now we go after the
rich: Biden threatens another war on 'tax
cheats' because U.S. needs MORE revenue
- and claims 'extreme' Republicans wanted
country to default on $31T debt limit
deal victory lap
13 replies
Posted by Imright 6/2/2023 10:25:03 PM Post Reply
President Joe Biden delivered his first Oval Office address as president from behind the Resolute Desk to hold up a deal to avoid defaulting on the nation's debt as a substantial bipartisan achievement. 'We averted an economic crisis – an economic collapse,' Biden told the nation Friday night. 'Passing this budget agreement was critical,' Biden said, speaking in a low voice during the prime time broadcast. 'The stakes could not have been higher. If they had failed to reach an agreement on the budget, there were extreme voices threatening to take America for the first time in our 247 year history, in a default on our national debt.'
Here’s All The Major Clothing Brands
Selling Pride Outfits To Toddlers And
Kids This Month
13 replies
Posted by tisHimself 6/2/2023 8:53:13 AM Post Reply
Major clothing brands are kicking off Pride Month with LGBT-themed clothing marketed to children and toddlers, despite backlash against Target’s Pride collection for children. Target has lost $9 billion in market value in just one week after announcing a Pride collection that features LGBT-themed clothing for children, as well as a chest binding swim top and “tuck-friendly” bathing suit. Although some stores have relocated their Pride displays, Target CEO Brian Cornell has stood by the company’s commitment to transgenderism, calling the backlash against the clothing collection “gut-wrenching.”
California Senate Approves $300 Weekly
Checks for Unemployed Illegals
12 replies
Posted by Beardo 6/2/2023 8:32:34 PM Post Reply
The California Senate on Tuesday voted to pay $300 weekly checks to unemployed illegal immigrants even as the state faces a roughly $31.5 billion deficit and mass illegal immigration. (snip) California’s unemployment insurance fund, which was defrauded of some $31 billion during the COVID-19 pandemic, would be in charge of dispensing the checks. California employers are on the hook for the fund’s $20 billion debt in the form of higher payroll taxes that threaten employee-heavy small businesses and restaurants already devastated by California Democrats’ strict COVID-19 lockdowns.
Bruce Springsteen Took a Tumble During
His Amsterdam Concert
12 replies
Posted by Dreadnought 6/2/2023 12:39:39 AM Post Reply
Bruce Springsteen had a moment that fans, bandmates and promoters dread when, during a concert in Amsterdam last Saturday (May 27), the rock legend had an on-stage fall. The accident happened mid-performance, as the 73-year-old artist returned from a stint in the pit and tripped up the stairs while carrying his electric guitar. Springsteen appeared to have a soft landing, as members of the E Street Band rushed over to check on him and help the Boss to his feet. “Goodnight everybody,” he yelled to the audience, as he gingerly made his way back to the center stage. Thankfully, it wasn’t the end of the show. The incident happened
War And More War 11 replies
Posted by earlybird 6/2/2023 3:06:22 PM Post Reply
Yesterday Zhou announced that the American Empire is still considering sending ATACMS systems to Ukraine. That would be the MGM-140 Army Tactical Missile System (ATACMS), which is a tactical ballistic missile with a range of up to 190 miles and is capable of precision strikes based on its GPS based guidance system. I have no idea of how the ATACMS would fare against Russia’s world class air defense system, but conceptually this would be a major escalation of the US war on Russia.(snip). That is the US “poking the bear” as an active participant of war on Russia, while there is no responsible public discussion of our war in
Post New Article