Boehner 'not confident' that Congress...

Boehner 'not confident' that Congress, Obama will strike debt deal

There are 26 comments on the thehill.com story from Sep 11, 2012, titled Boehner 'not confident' that Congress, Obama will strike debt deal. In it, thehill.com reports that:

House Speaker John Boehner on Tuesday said he was "not confident at all" that Congress and the White House could strike a major debt deal, hours after Moody's threatened a credit downgrade next year absent an agreement.

Join the discussion below, or Read more at thehill.com.

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Eleanor

Vernon Hills, IL

#1 Sep 11, 2012
What??

ANOTHER downgrade under Obama's watch??

How can that be??

Obama is in a tough spot !!

IF he admits the government needs to cut back on services, he'll lose the vote.

If spending keeps at this steady pace, he'll destroy the country.

<scratching my head and WONDERING, um, which one do you think HE WILL CHOOSE?>

Responsible management of money ... OR keeping status quo to get votes ....

Hmmmmm?

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#2 Sep 11, 2012
Eleanor wrote:
What??
ANOTHER downgrade under Obama's watch??
How can that be??
Obama is in a tough spot !!
IF he admits the government needs to cut back on services, he'll lose the vote.
If spending keeps at this steady pace, he'll destroy the country.
<scratching my head and WONDERING, um, which one do you think HE WILL CHOOSE?>
Responsible management of money ... OR keeping status quo to get votes ....
Hmmmmm?
It is being threatened, and would be caused by Bihner and his reactionary 'tea-bagf' congress.

It is the GOP who are provoking this crisis.
Sheik Yerbouti

Richmond, IN

#3 Sep 11, 2012
As usual boner is posturing since he is capable of little else. What a sleazebag! He should worry less about his spray on tan and more about the welfare of the country!
jon

Eatontown, NJ

#4 Sep 11, 2012
its the dollar bubble and debt bubble, so they say.if the euro doesn't sterilize their bond buying, the euro would be stronger than the dollar. tommorrow is make or break, way ahead of bubbles, with the constitutionality of e.c.b. bond buying.
Eleanor

Vernon Hills, IL

#5 Sep 11, 2012
jon wrote:
its the dollar bubble and debt bubble, so they say.if the euro doesn't sterilize their bond buying, the euro would be stronger than the dollar. tommorrow is make or break, way ahead of bubbles, with the constitutionality of e.c.b. bond buying.
The Euro IS stronger than the dollar.

In fact TODAY, ONE EURO can purchase $1.28 worth of American products.

1EU:$1.28US

OR the other way around. Your $1.00 amounts to only .77EU.

http://investing.money.msn.com/investments/cu...
Robert

Fort Lauderdale, FL

#7 Sep 11, 2012
Mr_Bill wrote:
<quoted text>
It is being threatened, and would be caused by Bihner and his reactionary 'tea-bagf' congress.
It is the GOP who are provoking this crisis.
The house has passed a budget which avoids sequestered cuts, the senate has not and Obama is just sitting there whining instead of leading.
If it happens it will be the democrats in the senate and obamas fault.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#8 Sep 11, 2012
Sheik Yerbouti wrote:
As usual boner is posturing since he is capable of little else. What a sleazebag! He should worry less about his spray on tan and more about the welfare of the country!
In Bohner's defense, he did make an agreement with the administration, but his own party members turned coat on him, and he was unable to deliver his own party, as leader. Sad tea-baggers, no honesty, or loyalty.

“Open your eyes”

Since: Sep 09

Central Florida

#9 Sep 11, 2012
*sigh* People this is a part of the reality show called Washington DC. They do this all the time. Dems blame republicans, Republicans blame Democrats, and after the final minutes they come to a deal and save everyone.

Its all bullshit and completely scripted reality show. Seriously, you can make this crap up any better. And in the end we the people lose while these so called "elites" get to walk around like almighty, they saved us.

Look at when these politicians show up for a rally. Red carpet, bands playing, its a circus. And leaves an impression they know better.

Look, debt is money and money is debt. All of the US Dollars out there, in your pocket, in wall street funds, in services the government is supposed to provide, all of it is borrowed at interest. Each dollar out there has a certain amount of interest applied. This means, reducing the debt will reduce the money supply. The problem to this is a contraction of the economy.

We do not make more goods, we make debt and financial securities.

Wake up people.
Ukranian Hooker

Indianapolis, IN

#10 Sep 11, 2012
There's nothing worse than a Republican Boehner that isn't confident.

I'm sure Vitter is no stranger to this phenomenon,as well .
Cracker

Festus, MO

#11 Sep 11, 2012
Mr_Bill wrote:
<quoted text>
It is being threatened, and would be caused by Bihner and his reactionary 'tea-bagf' congress.
It is the GOP who are provoking this crisis.
Ok peaches, where's the link ?
Getting a little desperate there, aren't we . lol
see the light

United States

#12 Sep 11, 2012
The only President in US history to have credit downgraded. Despise Obama.
conservative crapola

Bethlehem, PA

#13 Sep 11, 2012
Chalk up another downgrade to the teaboogers and the party of NO.
E Pluribus Unum

Carol Stream, IL

#14 Sep 11, 2012
Mr_Bill wrote:
<quoted text>
It is being threatened, and would be caused by Bihner and his reactionary 'tea-bagf' congress.
It is the GOP who are provoking this crisis.
Dr. Bill_mr! U send Hillary go do yo job in china by speaking to Hu!! ;-00000
E Pluribus Unum

Carol Stream, IL

#15 Sep 11, 2012
Mr_Bill wrote:
<quoted text>
In Bohner's defense, he did make an agreement with the administration, but his own party members turned coat on him, and he was unable to deliver his own party, as leader. Sad tea-baggers, no honesty, or loyalty.
Dr. Bill_mr! US tired of Pay Bill each month and Topix students don't like you much;)
Robert

Fort Lauderdale, FL

#16 Sep 11, 2012
Mr_Bill wrote:
<quoted text>
In Bohner's defense, he did make an agreement with the administration, but his own party members turned coat on him, and he was unable to deliver his own party, as leader. Sad tea-baggers, no honesty, or loyalty.
They are being loyal but it is to the people who elected them not the political machine.

Since: May 11

Location hidden

#18 Sep 12, 2012
Kahoki wrote:
*sigh* People this is a part of the reality show called Washington DC. They do this all the time. Dems blame republicans, Republicans blame Democrats, and after the final minutes they come to a deal and save everyone.
Its all bullshit and completely scripted reality show. Seriously, you can make this crap up any better. And in the end we the people lose while these so called "elites" get to walk around like almighty, they saved us.
Look at when these politicians show up for a rally. Red carpet, bands playing, its a circus. And leaves an impression they know better.
Look, debt is money and money is debt. All of the US Dollars out there, in your pocket, in wall street funds, in services the government is supposed to provide, all of it is borrowed at interest. Each dollar out there has a certain amount of interest applied. This means, reducing the debt will reduce the money supply. The problem to this is a contraction of the economy.
We do not make more goods, we make debt and financial securities.
Wake up people.
I wish common sense were more common these days. Just when I'm about to believe the majority of Americans are dumb beyond comprehension, I come across who can think straight.

The giant dog and pony show is for the benefit of the people; a shiny object that holds our attention while we're being robbed blind. While the American people throws rocks at each other they're oblivious to the theft that's been going on for years and will continue if they continue to ignore it.
Robert

Fort Lauderdale, FL

#19 Sep 12, 2012
PayThat CEO wrote:
<quoted text>
I wish common sense were more common these days. Just when I'm about to believe the majority of Americans are dumb beyond comprehension, I come across who can think straight.
The giant dog and pony show is for the benefit of the people; a shiny object that holds our attention while we're being robbed blind. While the American people throws rocks at each other they're oblivious to the theft that's been going on for years and will continue if they continue to ignore it.
And increasing debt, which we have been doing to the tune of 1 trillion a year, increases the percentage of our annual budget which we have to pay on the amount we owe. This cuts into the funding for everything else.

The Medicare Part A already payouts already exceed the program's tax revenues, and social security payouts exceeded payroll taxes in fiscal 2010. These deficits require funding from other tax sources or borrowing.

The Government Accountability Office (GAO) projects that payouts for social security and medicare will significantly exceed tax revenues over the next 75 years.

There has to be a point where you say we can't keep borrowing or money will become nothing but debt and nobody will want it. Perhaps we need to have a ceiling to the debt ceiling.
Justin

Richmond, VA

#21 Sep 12, 2012
Mr_Bill wrote:
<quoted text>
In Bohner's defense, he did make an agreement with the administration, but his own party members turned coat on him, and he was unable to deliver his own party, as leader. Sad tea-baggers, no honesty, or loyalty.
All this debate and conflict over the national debt limit is ugly, but I think it's also constructive. I also think we should raise taxes across the board for all income brackets: rich, middle, and poot. Not because I think we don't pay enough taxes, not because I'm in favor of supporting federal programs, but because it would draw even more attention to, and create a public backlash against, federal spending.
see the light

United States

#22 Sep 12, 2012
Justin wrote:
<quoted text>
All this debate and conflict over the national debt limit is ugly, but I think it's also constructive. I also think we should raise taxes across the board for all income brackets: rich, middle, and poot. Not because I think we don't pay enough taxes, not because I'm in favor of supporting federal programs, but because it would draw even more attention to, and create a public backlash against, federal spending.
The more taxes given, the more Obama spends. He thinks the money is his personal blank check.
Justin

Richmond, VA

#24 Sep 12, 2012
see the light wrote:
<quoted text>The more taxes given, the more Obama spends. He thinks the money is his personal blank check.
The 43% who currently have net zero federal tax liability are insulated from the consequences of federal spending and debt, and are reliable Obama supporters.

The more people who pay taxes, the fewer people who vote for Obama.

It's sort of like reverse psychology: I'm opposed to government spending, so I'm advocating that we make everyone pay for government spending, so everyone will then start voting against spending.

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