CONGRESS: MAJORITY THAT PROLONGS LITTLE THINGS TO DELAY BIG THINGS SO THEY CAN LOBBY, ACT IMPORTANT TO THE PEOPLE WHO VOTED THEM IN, TRY TO DESTROY THE OPPOSITION SO THEY CAN BE REELECTED, AND IGNORE THE 99%!!! We are watching You!!!

CONGRESS: MAJORITY THAT PROLONGS LITTLE THINGS TO DELAY BIG THINGS SO THEY CAN LOBBY, ACT IMPORTANT TO THE PEOPLE WHO VOTED THEM IN, TRY TO DESTROY THE OPPOSITION SO THEY CAN BE REELECTED, AND IGNORE THE 99%!!! We are watching You!!!


No, Mr. Boehner wants to do it all over again: he announced on Tuesday that the House will not agree to raise the debt ceiling when it is reached later this year or early next, unless the increase is matched by equal spending cuts. “We shouldn’t dread the debt limit,” he said, instantly forcing the country to do just that. “As a matter of fact, I think we should welcome it. It’s an action-forcing event in a town that has become infamous for inaction.”
An official who actually wanted to help the country rather than appeasing the Tea Party might have remembered what happened a year ago, after Mr. Boehner first made that extortionate demand. The bond rating agencies said the country’s credit and reputation had been seriously damaged, and the government lost its AAA credit rating. (Mr. Boehner shamelessly blamed Mr. Obama for that on Tuesday.) The Federal Reserve warned of “catastrophic” and “calamitous” effects if Republicans carried through on their threat to default. The stock market sank, and Congress’s approval rating has never recovered.
MUCH MORE: http://www.nytimes.com/2012/05/16/opinion/mr-boehner-and-the-debt.html?_r=1&src=recg
A February 2011 Government Accountability Office report said experts believe there is a “weakness in the U.S. budgetary framework” because Congress can approve spending without approving the borrowing necessary to fund that spending. This can cause uneasiness in the market. RESULT: MIDDLE CLASS AND POOR LOSE JOBS, BENEFITS, etc. YOU KNOW WHO’S CAUSING IT? CALL THEM AND VOTE THEM OUT.
abcnews.go.com
ABC News‘ Amy Bingham reports:
It’s 14 days and counting until financial apocalypse descends upon U.S. markets, yet lawmakers are still seemingly eons away from striking a deal to reduce the deficit and raise the debt limit. The ferocity of the debate coupled with the warnings of impending doom begs the question, why does America have a debt ceiling in the first place?
A report released Monday by Moody’s analyst Steven Hess points out that the United States’ debt limit “is an uncommon attribute not shared by most” countries. The U.S. is the only democratic country, besides Denmark, in which Congress has to approve borrowing separately from spending. In most other countries the authority to borrow money is inextricably tied to the authority to spend money.
For example, in Canada the executive branch can borrow as much money approved to spend in the yearly budget. In Sweden, borrowing is also linked to the budget, although the legislature does not decide how much money the Finance Minister can borrow but instead decides how many programs it can fund.
And in the United Kingdom and New Zealand, the Treasury department has the authority to borrow as much as they need to fund congressionally approved spending.


WE DON’T GET MUCH FROM LOCAL NEWS. MANY GAPS……


CANCER DRUG FOR BABIES HELD UP FOR 14 MONTHS AND WAITING. WHY? It hasn’t reached the floor. Asked leader of house and senate: We have our own way of doing things & it’s so complicated I don’t have time to tell you. GOD HELP US!!! They are your employees.
CALL THEM! If we don’t they’ll just keep on talking to lobbyists $$$, etc. If the GOP STALLS LONG ENOUGH THEY MIGHT REACH THEIR GOAL: GETTING THAT BLACK PRESIDENT OUT! MANY FUNDAMENTALIST STATES BLOCKING VOTES OF YOUNG & OLD NON-WHITES AND POOR WHITES (unless they have an ID). TO HELL WITH THAT. WHAT HAPPENED TO ONE PERSON ONE VOTE? They are also closing voting booths in poor WHITE AND NON-WHITE AREAS.
TO HELL WITH THAT! HOPEFULLY ENOUGH FAIR MINDED CITIZENS WILL MAKE SURE EVERYONE VOTES (even if they have to pick them up and make sure that they vote without hinderance).


