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Gayle in MD
04-06-2011, 09:17 AM
<span style="color: #990000"> <span style='font-size: 11pt'>If Republoicans shut down the government, THEY WILL GET THE BLAME!!! HEADLINES WILL READ: REPUBLICANS SHUT DOWN THE GOVERNMENT.

There is proof that Democratics have more than met Republicans half way, and the irrational Tea Party Representaives, are the obstruction.

Boehner and Ryan are both outright liars, as both deny the facts of what they are actually doing with legislation, using it to force their will on social issues, that have nothing to do with deficits, and using "Cuts" to destroy Midicare and Medicaid.

If there is anyone dumb enough to think that Americans want to be thrown at the feet of the Health Insurance Industry, and see the Republican Party, take food from the mouths of hungry children, seniors, and the critically ill, while increasing giveaways to corporatations and multi billionsaires and millionaires, they are truly out of touch with reality. The following scenario, in the article below, is the reality involved in what the Republicans in Congress, CHEERED about, when Boehner mentioned to the Republicans congress, the option of shutting down the Government.... </span> </span>


<span style='font-size: 14pt'>: Gridlocked Congress 'Playing With Fire' As Failure To Legislate Could Devastate Economy

NEW YORK -- Political infighting in Washington may seem irrelevant to many Americans. But in the coming weeks, as Congress attempts to pass a budget and debates whether to increase the federal debt limit, these rivalries now have the potential to devastate the U.S. economy.
If lawmakers don't reach an agreement to fund the government by Friday, an array of programs will shut down. The freeze, if it lasts for several weeks, could wound Americans' confidence enough to tip the economy into recession, Mark Zandi, chief economist of Moody's Analytics, said last week.

But even that scenario wouldn't be as damaging as if the government defaulted on its debt, a consequence that could come sometime in the next several months if lawmakers, locked in a political stalemate, fail to increase the federal debt limit.

A government shutdown has the potential to cause a recession if it lasts long enough, experts say. A default would likely ravage the economy almost immediately. Both could be caused by gridlock in Congress.

"It would be a big, big, big deal" if the United States defaulted on its debt, said Nariman Behravesh, a chief economist at IHS Global Insight, a financial and economic analysis firm. "It could mean the collapse of the dollar. People would run away from the U.S. That's playing with fire," he added.

</span>

At stake is the ability of the United States government -- and indeed of all of its citizens -- to borrow money cheaply, something Americans have long taken for granted as an essential feature of their first-world economy. If interest rates rise high enough, the economy essentially grinds to a halt.



"People playing chicken think it's a good idea to put at risk something that the country paid a dear price to preserve for so many years," said Gary Burtless, a former Labor Department economist and a current fellow at the Brookings Institution, in Washington. "For a rich country to play these types of games does strike me as being foolish in the extreme."

<span style='font-size: 14pt'>For months, top economic officials in the Obama administration have warned of the perils of refusing to increase the federal debt ceiling, while Republicans in Congress have portrayed the limit as a means of enforcing fiscal austerity. The U.S. government continuously issues new debt to pay principal and interest on older debt, which means that if the debt burden isn't allowed to grow, the U.S. could be forced to miss payments to creditors. If lawmakers fail to legislate, the debt ceiling will likely be hit.</span>

But in the current political climate, legislation has been met with a fierce, protracted stalemate. In the past few weeks, lawmakers on both sides of the aisle have dug in their heels, generally refusing to compromise on a budget bill.

Gridlock could lead to a shutdown on Friday. A month later, the costs of not legislating will be even more dire.

Treasury Secretary Tim Geithner testified before the Senate appropriations subcommittee on Tuesday, laying out the dangers of inaction. Failing to raise the debt ceiling would send the country into crisis mode by May 16, he said, at which point the government would resort to emergency measures to stave off default for a few more weeks.

"Default by the United States would precipitate a crisis worse than the one we just went through," Geithner said, according to a transcript of his remarks. "I think it would -- it would make the crisis we went through look -- look modest in comparison."

A default by the United States could set off a dangerous chain reaction. It would likely cause interest rates to rise and the value of bonds to fall, as what is arguably the world's safest security would now be perceived as risky. Those higher rates would ripple throughout the economy, raising borrowing costs for homeowners, students, car-buyers, entrepreneurs, investors and all types of businesses. Financial markets everywhere would likely be thrown into panic.

Credit ratings agencies would likely be forced to lower the United States' top ranking, a seal of approval that investors across the world take for granted. The Federal Reserve's massive asset-purchase program, designed to lower interest rates to encourage the flow of money through the economy and stimulate a recovery, would likely be undermined.

As the United States would scramble to calm investors, the government would be forced to cut payments to the military, Geithner said. The full ramifications, moreover, cannot be foretold.

"That would be absolutely catastrophic and very likely set the stage for the U.S. economy to have a relapse into recession," said Bernard Baumohl, chief economist of the Economic Outlook Group. "That is the worst possible kind of outcome that we could have from Washington. It would be absolutely irresponsible."

In the event of a government shutdown, payments for struggling families could be delayed. In the case of a federal default, something similar could happen, but on a far larger scale. Investors across the nation and around the world hold U.S. government paper.

If that debt weren't paid, myriad investors -- from retirees just scraping by to the biggest Wall Street firms -- would see their investments suffer.

Eventually, these investors would almost certainly be made whole. But even a brief hiccup on the part of the U.S. government could trash the nation's borrowing ability for years to come.

"There's no question people will be paid back on their bonds," said Mark Vitner, a senior economist at Wells Fargo. "The risk to the economy is: Does the stature of the U.S. debt market suffer because people misinterpret a temporary glitch in the Treasury market?"

That glitch could be ruinous.

http://www.huffingtonpost.com/2011/04/06/congress-debt-limit-economists_n_845305.html?ir=Politics


<span style="color: #990000">More irrational, irresponsible Republican obstructionism, which threatens the recovery.....and could trhow this country back into the lingering threat of falling into the barely escaped, Bush Depression.</span>

pooltchr
04-06-2011, 12:06 PM
The Republicans are the only ones serious about putting forth a serious budget. It's the Dems who will prevent the budget from passing, and hence, it will be the Dems who cause the government shut down.

However, you are correct that the headlines will blame the Republicans. What else would we expect from our left leaning media?

But the bigger issue is, who really cares? The government will not stop operating. The post office will still deliver the mail. Social Security checks will still be mailed out. Our military forces will still get paid. Life will go on.

You are acting like the government has never "shut down" before. It happens all the time. Do a little research and see how many times the government "shut down" during the 4 years Jimmy Carter was in office. Or how many times during the 8 years of RR. Even going back to the big shut down of '95, which was the last one that the media felt the need to use it for political purposes, because they felt they could blame the Reps. Suppose this had happened last year. It would have either been glossed over, or the media would have blamed the so called "party of no". It makes no difference who is in the majority, if the press wants to blame the Reps, that is what they will do. And you, like the good little soldier you are, will go right along with it.

Do you want to know what the government shut down will do? It will create photo ops for the media to deamonize the right. We will see people who can't get into the Smithsonian, or tourists being turned away from the Washington Monument. Little school children, who had their field trips disrupted. All for politics.

And you do your best to advance the cause by repeating this kind of garbage.

Good job! You get three obamapoints for this one!

That, and a couple of bucks will get you a cup of coffee.

Steve

LWW
04-07-2011, 02:09 AM
4 Obstructionists Who Say Shut Down Government?

Let's see ... Pelosi, Reid, Obama, John Spratt.

I think I have all 4.

LWW
04-07-2011, 02:12 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: pooltchr</div><div class="ubbcode-body">You are acting like the government has never "shut down" before. It happens all the time. Do a little research and see how many times the government "shut down" during the 4 years Jimmy Carter was in office. Or how many times during the 8 years of RR.

Steve </div></div>

The gubmint shuts down several times each year.

Bug deal.

Just as in 1995 the shut down will force a deal because the <span style='font-size: 14pt'>LAST</span> thing the statists want is for Americans to realize that things function the same way even though half the federal employees are staying home.

Gayle in MD
04-07-2011, 11:50 AM
For my friends from the left, since the yapper has burried some interesting posts, I am bringing this one back up, as I know you would enjoy reading it.

Check out the news, also, in the thread about the Wisconsin governor's "Waterloo" since Repubicans lost big time, in this last election, his former seat, when to a Democratic, AND the Supreme Court selection, went to a Democratic, instead of the Republican, which could end up being the vote that throws out his anti-American Legislation!!!

G.

LWW
04-07-2011, 12:01 PM
http://www.rialtosquare.com/images/artists/larry-the-cable-guy.jpg
<span style='font-size: 26pt'>SHUT - R - DOWN</span>

Gayle in MD
04-07-2011, 12:18 PM
Update:

Secretary Gates has just made an appeal, for the sake of our troops, the many duties of our Homeland Security, and a range of other pressing dangers involved in Republicans Shutting down the Government, a this time, regardless of the Repuboican's lame, unfactual statements, and insistances, to the contrary.


This is going to cost Republicans BIG. While I always enjoy, watching them screw it up for themselves, for the sake of our troops, and many hard working Federal Employees, I hope somehow, the Republicans re-consider their partisan, petty actions.

800,000 already stressed out Federal workers, and numerous other Americans, will be hurt, by a Government shutdown.

This is the most irresponsible action, other than Bush's Rush to war on lies, that I have ever witnessed, at a time like this, it amounts to sheer stupidity, and gross negligence.

G.

pooltchr
04-07-2011, 12:33 PM
And the fear tactics begin!

http://news.yahoo.com/s/ap/us_government_shutdown

How can you not see the elephant in the room? If the Dems, with their super majority in both houses and the white house last year FAILED TO DO THEIR JOB, and pass a budget when they had the chance, how is any of this the Republican's fault?

It's a simple question, even for you. Just answer it. WHY DIDN'T THEY DO THEIR JOB LIKE THEY WERE SUPPOSED TO?

Steve

LWW
04-07-2011, 02:40 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: pooltchr</div><div class="ubbcode-body">And the fear tactics begin!

http://news.yahoo.com/s/ap/us_government_shutdown

How can you not see the elephant in the room? If the Dems, with their super majority in both houses and the white house last year <s>FAILED</s> <span style='font-size: 11pt'>REFUSED</span> TO DO THEIR JOB, and pass a budget when they had the chance, how is any of this the Republican's fault?

It's a simple question, even for you. Just answer it. WHY DIDN'T THEY DO THEIR JOB LIKE THEY WERE SUPPOSED TO?

Steve </div></div>

pooltchr
04-07-2011, 02:56 PM
Thanks for the correction.
I posted the question with little hope of getting a straight answer from the left. They really have a hard time admitting that their side is as bad as they claim the Reps are.

Steve

LWW
04-08-2011, 03:00 AM
http://www.extremumspiritum.com/wp-content/uploads/2010/05/obama-pointing-at-you.jpg
<span style='font-size: 26pt'>SHUT-R-DOWN</span>