InvestorsHub Logo
Followers 80
Posts 82226
Boards Moderated 2
Alias Born 12/26/2003

Re: None

Friday, 01/04/2013 6:09:19 PM

Friday, January 04, 2013 6:09:19 PM

Post# of 481564
Republicans willing to NOT PAY the bills for the things they spent.

Yes, They are open about it now. Minority Whip John Cornyn (R-TX)

“It may be necessary to partially shut down the government in order to secure the long-term fiscal well being of our country, rather than plod along the path of Greece, Italy and Spain,” Cornyn wrote. “President Obama needs to take note of this reality and put forward a plan to avoid it immediately.”

http://www.chron.com/opinion/outlook/article/Obama-must-engage-Congress-4165856.php

It's sort of hysterical .. as WE ALL remember yesterday when two of them . ... Boehner and who was it? someone
else ... stated that they will NEVER WORK with Obama again! .. well.. we'll see, won't we?

In case you missed McConnell's op-ed yesterday on yahoo ( of all places ) Here it is: Snip ~~

Was it a great deal? No. As I said, taxes shouldn’t be going up at all. Just as importantly, the transcendent issue of our time, the spiraling debt, remains completely unaddressed. Yet now that the President has gotten his long-sought tax hike on the “rich,” we can finally turn squarely toward the real problem, which is spending.

Predictably, the President is already claiming that his tax hike on the “rich” isn’t enough. I have news for him: the moment that he and virtually every elected Democrat in Washington signed off on the terms of the current arrangement, it was the last word on taxes. That debate is over. Now the conversation turns to cutting spending on the government programs that are the real source of the nation’s fiscal imbalance. And the upcoming debate on the debt limit is the perfect time to have that discussion.

We simply cannot increase the nation’s borrowing limit without committing to long overdue reforms to spending programs that are the very cause of our debt.

much more ...
http://news.yahoo.com/mcconnell--fiscal-cliff-deal-not-great--but-it-shields-americans-from-tax-hike-010532341.html

......... I was just surprised that he didn't put his op-ed in the wsj, I guess he wanted a wider audience .. he's clever.

btw, let's remember Obama's stance (so far) — a dollar in tax reform for a dollar in spending cuts —

A good one to review is this one is Ezra Klein's - Five-point .. well options? anyway . .it's worth
the read. It puts the options Obama has for the debt ceiling carnival .. . go read it

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/02/calm-down-liberals-the-white-house-got-a-good-deal-on-the-fiscal-cliff/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.