Saturday, October 26, 2013
Thursday, October 17, 2013
"Congressional Republicans conceded defeat on Wednesday in their bitter budget fight with President Obama over the new health care law as the House and Senate approved last-minute legislation ending a disruptive 16-day government shutdown and extending federal borrowing power to avert a financial default with potentially worldwide economic repercussions." 87 House Republicans voted to support the bill. Boehner's legislative analysts if he would like the dollar to be worth 20¢ or 25¢. That is a devaluation of 5:1 and 4:1 respectively. 4:1 devaluation is considered a 'soft landing.' In fact, the question was "Would you like the dollar to be worth 1¢ or a tiny bit more?"
Sunday, October 13, 2013
Representative Devin Nunes, a California Republican from the San Joaquin Valley, has been a popular figure in conservative circles. It was he who called the tea-baggers "Lemmings in suicide vests" because, he said (that for them): "jumping is not enough." The popular press, never willing to challenge the limited skills of the typical reader, went for the "lemmings" comment in a big way. NBC/WSJ poll) will only put more spine in the White House. It is the starkest evidence to date that the GOP is badly losing the argument over the shutdown. Anti-shutdown conservatives on Twitter are vocally bemoaning the extensive, self-inflicted damage done to the party in the space of a mere week. (see posting below)