tag:blogger.com,1999:blog-6616959642391988608.post1854924326396391299..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: The debt limit will be raisedScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6616959642391988608.post-34676596096134156472011-07-27T06:24:34.745-07:002011-07-27T06:24:34.745-07:00Scott, I hope to God that you're right. Now i...Scott, I hope to God that you're right. Now it's look like the Boehner plan may not even get through the House. If that can't pass the House, what can?<br /><br />A part of me thinks Obama wants the debt ceiling not to get raised. This way, when our credit gets downgraded, he can blame the downgrade on the Republicans in the House. I'd like to think Obama would put the Mike Eliasonhttps://www.blogger.com/profile/15035227065407574760noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4704322751322515482011-07-26T11:40:35.277-07:002011-07-26T11:40:35.277-07:00Managed Accounts-
As a non-doper, I am not expert...Managed Accounts-<br /><br />As a non-doper, I am not expert in this matters. Rush L. has a doper past. Some sort of painkillers--used so heavily he lost his hearing. <br /><br />It was a joke--my understanding is that Rush earns $50 millions a year or close to it. Even a few million for drugs would not dent this guy.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77438202971470313762011-07-26T10:05:39.741-07:002011-07-26T10:05:39.741-07:00This is what everyone seems to forget about our $1...This is what everyone seems to forget about our $14.3 Trillion debt.<br /><br />"In 2000, at the beginning of Republican George W. Bush's presidency, U. S. national debt was $5.7 trillion, according to the U.S. Treasury Department -- a time when the United States also had a projected surplus of $5.6 trillion over 10 years."<br /><br />From Reuters:<br /><br />http://www.reuters.com/Williamhttps://www.blogger.com/profile/04418491109912775561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-7056740201573822652011-07-26T00:15:45.364-07:002011-07-26T00:15:45.364-07:00If Americans were logical we would not have voted ...If Americans were logical we would not have voted for a barely freshman senator with no business and legislative experience. <br /><br />The question you should be asking is what if?Jimhttps://www.blogger.com/profile/04220423345735345059noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-49591359884272687222011-07-25T23:49:07.716-07:002011-07-25T23:49:07.716-07:00We cannot afford to not have some kind of tax incr...We cannot afford to not have some kind of tax increase. With two wars taxes have been cut and it has always been unheard of not to see taxes raised to help fund a war.<br /><br />Look at the costs of these wars this past decade compared to our debt.<br /><br />If anyone was to actually listen to real economists you will understand that lowering taxes doesn't increase revenue. <br /><br />Johnhttps://www.blogger.com/profile/07689858753863997519noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53078925272018476102011-07-25T20:55:08.493-07:002011-07-25T20:55:08.493-07:00"even after recreational drug expenditures&qu..."even after recreational drug expenditures"<br /><br />Benjamin, exactly what are those recreational drug expenditures?mmanagedaccountshttps://www.blogger.com/profile/08188469703346980431noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-87559756075667742872011-07-25T15:27:31.819-07:002011-07-25T15:27:31.819-07:00Brodero-
The Tea Pary/GOP schism is a fascinating...Brodero-<br /><br />The Tea Pary/GOP schism is a fascinating item to watch. In the last couple elections, Tea Partiers easily ousted establishment GOP'ers from their seats in primaries. <br /><br />This means the establishment has lost control of the party, and control now is nowhere, or resting with radio talk-show hosts. Call it the Sarah Palinification of the GOP.<br /><br />House Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-40986106278349875412011-07-25T15:18:58.659-07:002011-07-25T15:18:58.659-07:00BTW, Don Boudreaux authored a piece in 2006 arguin...BTW, Don Boudreaux authored a piece in 2006 arguing that the CPI very much overstates inflation, due to product improvement, and constant business and consumer migration to better and cheaper goods and services. He is head of the George Mason Econ Department. <br /><br />With the CPI core at 1.6 percent over the last 12 months, and that may be overstating the case--why is not Boudreaux calling onBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82103747666304173212011-07-25T14:06:13.308-07:002011-07-25T14:06:13.308-07:00"I suspect that the ongoing popularity of the..."I suspect that the ongoing popularity of the Tea Party"<br /><br /> I don't want to burst your bubble<br />but the popularity of the tea party<br />is the same as it was last year...<br />the difference is it's unpopularity<br />has grown....The American people<br />have never liked extremism from the<br />left or the right...broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18863893631795239642011-07-25T14:05:32.025-07:002011-07-25T14:05:32.025-07:00(Reuters) - Home building likely won't return ...(Reuters) - Home building likely won't return to normal levels until 2014, and then only if housing prices rebound and foreclosures drop sharply, research from the San Francisco Federal Reserve Bank showed.<br /><br />Continued weakness in the housing market is dragging on the U.S. economy, which is losing ground under the weight of 9.2 percent unemployment and declining consumer confidence.<Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14069679929341432112011-07-25T11:41:24.419-07:002011-07-25T11:41:24.419-07:00"I fear there are elements on the right-wing ..."I fear there are elements on the right-wing who want Obama to fail, and if that means making the economy fail, so be it."<br /><br />Names and evidence, please.Paulhttps://www.blogger.com/profile/06843411100678811292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-19515631322778159002011-07-25T10:50:35.975-07:002011-07-25T10:50:35.975-07:00Over 40 years of history, we have seen only raisin...Over 40 years of history, we have seen only raising of the debt ceiling. The mere fact they cannot come to an agreement with the most conservative of democratic presidents in 40 years, shows clearly the GOP has become far more fundamentalist, like the Taliban, than I ever imagined.John Short ad sinorazumhttps://www.blogger.com/profile/06294518362102475267noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59318327423408871792011-07-25T09:44:34.200-07:002011-07-25T09:44:34.200-07:00I tend to agree that a deficit reduction deal will...I tend to agree that a deficit reduction deal will happen this week -- however, I am pondering the hypothesis that both parties are actually jockeying for a sideline position in order to avoid blame for some sudden and unforeseen inflationary event -- gold is already moving into new highs in global markets -- imagine that some unimaginable global market reaction occurs suddenly and without noticeMcKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30118738915952145952011-07-25T09:14:03.468-07:002011-07-25T09:14:03.468-07:00I hope Scott Grannis is right in this intelligent ...I hope Scott Grannis is right in this intelligent analysis. I hope Grannis is not too reasonable a man to understand today's right-wing.<br /><br />I fear there are elements on the right-wing who want Obama to fail, and if that means making the economy fail, so be it. <br /><br />The GOP nihilists seem to be calling the shots. <br /><br />I am no Obama fan--I think he is the picture of Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com