More on: Our Federal Government & The Debt Ceiling
July 13, 2011
Some amazing stuff going on in Washington this week.
According to an article published in the Wall Street Journal today, “Senate Minority Leader Mitch McConnell (R., Ky.) unveiled a proposal that would allow President Barack Obama to raise on his own the federal borrowing limit by $2.4 trillion in three installments before the end of 2012, unless two-thirds of Congress votes to block it.
Mr. McConnell’s proposal to allow the president to raise the debt ceiling came after he said in a Senate speech that the country cannot solve its fiscal problems with Mr. Obama as president. “After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is unattainable,” he said.
House Majority Leader Eric Cantor (R., Va.) suggested they consider temporarily lowering corporate tax rates as a way to offset revenue increases from closing tax loopholes, a Republican familiar with the discussion said.”
All of this rhetoric has the 21st century tingle of the Billie Holiday song, “Strange Fruit.”
Every time I turn on the radio, I seem to hear a Republican Senator or Congressman representing a state below the Mason-Dixon line denouncing our President as though he caused our economic dilemma.
Bear in mind: The last time our country had a balanced budget was in 2001.
Prior to Mr. Obama taking office, we experienced almost a decade of overspending, compounded by tax cuts.
Today, July 13, 2011, Senator Jim DeMint (R-S.C.), rejected the McConnell plan to give President Obama the authority to raise the debt ceiling.
So, we have various factions of the white male republicans from south of the Mason-Dixon line in dispute over exactly how to derail the Obama administration.
Should we lynch him? Shoot him? Starve him?
Stand by for more in the early morning news….
Almost Perfect Weather
June 1, 2011
We had cold and rain here just about all of May, and on the first of June, we now have 90 degree weather with humidity. The weather service posted a severe storm warning around 5 PM today, so I assume a cold front is coming in.
We pay major bucks in taxes here in the Lower Hudson Valley of NYS in exchange for promises of perfect weather.
I think our boys in Albany have recently begun to promise a bit more than they can deliver.
I guess with the climate change, they will have to be raising our taxes again in order to upgrade the tools needed to keep pace with technology so that they can go back to delivering perfect weather.
As a loyal New York State taxpayer, I can tell you, “It’s worth it!”
With the exception of a few NYS Senators who have had to go back to meteorological school (Guy Velella, Joe Bruno, Hiram Monserrate, Efrain Gonzalez, Pedro Espada and Vincent Leibell are now in school, or have recently graduated), our boys in Albany are among the finest Elected Officials in the U.S.
Mighty pleased to be a taxpayer in New York State, and looking forward to a return of Perfect Weather!
walrus51 