Monday May 28, 2012

JAPAN NEWS AND DISCUSSION

Congress seeks debt result, Obama goes to public

World Jul. 16, 2011 - 04:31PM JST ( 6 )

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6 Comments

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LagunaJul. 16, 2011 - 10:27PM JST

The Republicans don't seem able to put country above party, so it looks like they're going to McConnell it - i.e., they're going to take a most dishonest, hypocritical, and undemocratic method so that they can save whatever face they imagine they possess from the ignominity of losing. Good luck with that.
0

SamuraiBlueJul. 16, 2011 - 10:55PM JST

I wonder if the Republicans realize what is at stake here. Default of the US will not only effect the domestic economy but the international economy as well. It will also create a financial panic all around the globe trying sell off their US treasury bonds and any currency reserve they own making the US dollar a worthless piece of paper if this does not get settled by next week.
-1

SimondBJul. 17, 2011 - 04:47PM JST

SamuriBlue is quite right.The far right and tea party fanatics in goverment are willing to let America default on their debts to bring Obama down. If the US defaults on it's loans then why would any other country be worried about paying debts. It could start a domino effect that strikes scores of countries around the world. If America can't, or won't pay its bills then who will lend them money in the future? The dollar will become worthless.
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BreitbartVictoriousJul. 17, 2011 - 09:26PM JST

"The far right and tea party fanatics in goverment are willing to let America default on their debts to bring Obama down."

Apparently the far right now equals 60 percent of the country.

Americans are tired of the hyperbole, the threats and the scare tactics.
1

WolfpackJul. 18, 2011 - 03:40AM JST

At least the Republicans in the House have a plan - Obama's budget plan published in February was an non-starter even for his fellow Democrats. As it stands now, Obama and his party do not have have a plan at all. President Obama has not submitted a plan to Congress and the Democrats in the Senate have not offered anything either. Instead they have chosen to just sit back and criticize the Republicans while offering no legislation of their own. They are cowards and Obama has failed to lead the nation at a very critical time in his nations history.

You can't blame House Republicans for going forward with a vote next week. Hopefully, it will force Obama and the Democrats to offer their own plan and then perhaps there will be something to negotiate over. As it is now, Republicans are negotiating against themselves and Obama is carping from the sidelines. If he is not for the status quo deficit spending of a trillion dollars a year forever, then he should stop trying to score points for his re-election bid next year and actually submit a plan for what he is for instead of just repeating over and over again that he is against anything and everything that Republicans are for. Everyone knows that the President wants to raise taxes yet he refuses to submit his plan to Congress for a vote. He is playing it safe and not staking out any detailed plans that could come back to haunt him next November. He is a wimp!
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JonathanJoJul. 19, 2011 - 01:41AM JST

I hope Congress find the cash to save the James Webb Space Telescope. Seems pretty short-sighted to cancel it at this stage (75% built).