Daily Archives: July 13, 2011

Obama on Debt Limit Kerfuffle: Generous to a Default

From the Family Research Council about the debt limit debate: 

As the President works to stoke the fears of Americans about the debt debate, genuine fear is gripping conservative members of Congress. It’s fear that this unique moment in history, where we have an opportunity to reform a broken system of government, will be lost. There is growing concern that Republicans may settle for a “deal” that raises the debt ceiling but shortchanges the voters who elected this Congress to fundamentally change Washington. But, there is reason for optimism. In my conversations with a number of conservative members, it’s clear that a consensus is building to move forward with a Cut, Cap and Balance bill.

Keep your fingers crossed that FRC is right.

Tell ’em where you saw it. Http://www.victoriataft.com

Netflix: We Knew It Wouldn’t Last, But a 60% Increase?

Here.
Netflix says it will increase by 60% it’s basic service. Where’s the Senate investigation on price gouging? (JK):

The Los Gatos, Calif., company said it will no longer offer a $9.99-a-month plan that allows members to stream an unlimited number of movies over the Internet and to rent one DVD at a time. In its place, Netflix subscribers will have to pay $15.98 a month for a plan that combines an existing $7.99-a-month streaming-only movie service with a new $7.99-a-month DVD-only rental plan that lets them check out one disc at a time.

Meantime, Eric the Great says Blockbuster has reduced the price of its rentals in order to compete with Red Box. Netflix, are you listening?

Tell ’em where you saw it. Http://www.victoriataft.com

Pete the Banker: Bill Clinton Suggests Slowing Down Dodd-Frank

Former President Bill Clinton suggested recently on CNBC and as reported by The Hill (here) that the onerous Dodd Frank financial bill be slowed down. It should be killed, actually, but if Clinton’s idea prevailed can you imagine the uncertainty it would cause?
As the one-year anniversary of the financial overhaul draws near, Clinton was generally positive on the law as a whole, but suggested regulators should parcel out the new rules bit by bit for the benefit of businesses. 
“One way to clear that up may be to stagger [the regulations] in over a more pronounced time table,” he said on CNBC. “I think there’s only so much change that institutions can handle at one time.””
Clinton wishes to implement Dodd Frank a little more slowly prolonging the agony.   Kind of like water boarding – just a little water now and little later!!

Both Sides Go Nuclear in Debt Ceiling Debate; Obama Declares MaMaw Gets It If He Doesn’t Get His Way

Do you really think that the man who authored a 35% increase in spending and entitlement programs, blew up the Welfare Reform Act of 1996 in the stimulus bill (THUS HUGELY EXPANDING WELFARE AND FOOD STAMP GIVEAWAYS) and gave billions to corporate cronies now isn’t going to pay Grandma her Social Security check? If you do, here are the smelling salts. Get a whiff? Good. NOW SNAP OUT OF IT!

Days after the President and Democrats began deploying the meme that if the August 2nd debt ceiling “deadline” passed without a deal the United States would essentially declare bankruptcy and fiscal armegeddon would commence, the President went nuclear (please alert the mixed metaphor police).

Yesterday President Obama declared that unless Republicans did what he wanted and increase taxes,  Grandma would ‘get it’ right in her social security check. 

Here’s what the President told CBS:

I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it. 

He knows that’s a big whopper, but why let facts get in the way of re-election? The President wanted to demagogue the “revenue enhancement” issue knowing that if the R’s go along it will be their 2012 “read my lips, no new taxes” moment and they’d LOSE in 2012. This guy’s been spending like Kim Kardashian on a weekend bender in Vegas and he thinks people will actually believe he’s the adult in the room on this?

Mere hours after the President went nuclear, Republicans, lead by Senator Mitch McConnell, called the President on his bluff. They said: it’s up to you, Mr. President. If we can’t come to an accommodation on spending cuts  by the deadline you’ll have to make the decision all by yourself.

Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday laid out a plan to avoid a national default and put responsibility for increasing the debt limit squarely on President Obama. Under the legislation, Congress could only block Obama’s requests by passing resolutions of disapproval, which would have to be supported by two-thirds of both the Senate and House to overcome an expected presidential veto.

Interesting, no, that the man who pretends not to want to rock ‘the street’ and the IMF by not paying our bills is willing to tell Gramps and MaMaw that he’ll jack their checks.

This is your moment, Mr. President. Make a decision. Lead. Your finger is on the button. MaMaw is waiting.

Tell ’em where you saw it. Http://www.victoriataft.com

Did He Hug Him This Time? Fort Lewis/McChord Soldier Awarded Medal of Honor

Did the President salute or hug the Medal of Honor Winner this time?

Almost a hug but definitely a hand shake.
“President Obama grasped the prosthetic right hand of Sgt. 1st Class Leroy Arthur Petry on Tuesday, awarding him the Medal of Honor for saving two comrades’ lives by hurling away a grenade as it exploded, taking his hand.”
The Seattle Times:

Petry, 31, has also been awarded two Bronze Star medals and a Purple Heart, among other honors. He serves in the 75th Ranger Regiment unit at Joint Base Lewis-McChord near Tacoma, and has made deployments to Iraq and Afghanistan.

Tell ’em where you saw it. Http://www.victoriataft.com

Netflix: We Knew It Wouldn’t Last, But a 60% Increase?

Here.
Netflix says it will increase by 60% it’s basic service. Where’s the Senate investigation on price gouging? (JK):

The Los Gatos, Calif., company said it will no longer offer a $9.99-a-month plan that allows members to stream an unlimited number of movies over the Internet and to rent one DVD at a time. In its place, Netflix subscribers will have to pay $15.98 a month for a plan that combines an existing $7.99-a-month streaming-only movie service with a new $7.99-a-month DVD-only rental plan that lets them check out one disc at a time.

Meantime, Eric the Great says Blockbuster has reduced the price of its rentals in order to compete with Red Box. Netflix, are you listening?

Tell ’em where you saw it. Http://www.victoriataft.com

Pete the Banker: Bill Clinton Suggests Slowing Down Dodd-Frank

Former President Bill Clinton suggested recently on CNBC and as reported by The Hill (here) that the onerous Dodd Frank financial bill be slowed down. It should be killed, actually, but if Clinton’s idea prevailed can you imagine the uncertainty it would cause?
As the one-year anniversary of the financial overhaul draws near, Clinton was generally positive on the law as a whole, but suggested regulators should parcel out the new rules bit by bit for the benefit of businesses. 
“One way to clear that up may be to stagger [the regulations] in over a more pronounced time table,” he said on CNBC. “I think there’s only so much change that institutions can handle at one time.””
Clinton wishes to implement Dodd Frank a little more slowly prolonging the agony.   Kind of like water boarding – just a little water now and little later!!

Both Sides Go Nuclear in Debt Ceiling Debate; Obama Declares MaMaw Gets It If He Doesn’t Get His Way

Do you really think that the man who authored a 35% increase in spending and entitlement programs, blew up the Welfare Reform Act of 1996 in the stimulus bill (THUS HUGELY EXPANDING WELFARE AND FOOD STAMP GIVEAWAYS) and gave billions to corporate cronies now isn’t going to pay Grandma her Social Security check? If you do, here are the smelling salts. Get a whiff? Good. NOW SNAP OUT OF IT!

Days after the President and Democrats began deploying the meme that if the August 2nd debt ceiling “deadline” passed without a deal the United States would essentially declare bankruptcy and fiscal armegeddon would commence, the President went nuclear (please alert the mixed metaphor police).

Yesterday President Obama declared that unless Republicans did what he wanted and increase taxes,  Grandma would ‘get it’ right in her social security check. 

Here’s what the President told CBS:

I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it. 

He knows that’s a big whopper, but why let facts get in the way of re-election? The President wanted to demagogue the “revenue enhancement” issue knowing that if the R’s go along it will be their 2012 “read my lips, no new taxes” moment and they’d LOSE in 2012. This guy’s been spending like Kim Kardashian on a weekend bender in Vegas and he thinks people will actually believe he’s the adult in the room on this?

Mere hours after the President went nuclear, Republicans, lead by Senator Mitch McConnell, called the President on his bluff. They said: it’s up to you, Mr. President. If we can’t come to an accommodation on spending cuts  by the deadline you’ll have to make the decision all by yourself.

Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday laid out a plan to avoid a national default and put responsibility for increasing the debt limit squarely on President Obama. Under the legislation, Congress could only block Obama’s requests by passing resolutions of disapproval, which would have to be supported by two-thirds of both the Senate and House to overcome an expected presidential veto.

Interesting, no, that the man who pretends not to want to rock ‘the street’ and the IMF by not paying our bills is willing to tell Gramps and MaMaw that he’ll jack their checks.

This is your moment, Mr. President. Make a decision. Lead. Your finger is on the button. MaMaw is waiting.

Tell ’em where you saw it. Http://www.victoriataft.com

Did He Hug Him This Time? Fort Lewis/McChord Soldier Awarded Medal of Honor

Did the President salute or hug the Medal of Honor Winner this time?

Almost a hug but definitely a hand shake.
“President Obama grasped the prosthetic right hand of Sgt. 1st Class Leroy Arthur Petry on Tuesday, awarding him the Medal of Honor for saving two comrades’ lives by hurling away a grenade as it exploded, taking his hand.”
The Seattle Times:

Petry, 31, has also been awarded two Bronze Star medals and a Purple Heart, among other honors. He serves in the 75th Ranger Regiment unit at Joint Base Lewis-McChord near Tacoma, and has made deployments to Iraq and Afghanistan.

Tell ’em where you saw it. Http://www.victoriataft.com