Scare tactics backfire into a financial downgrade

The old adage.. actions speak louder then words... is true. But when the rhetoric is composed of words like:

 Armageddon, default, debt crisis, withholding social security checks, financial meltdown, etc, 





 combined with not following one directive from the Simpson-Bowles Commission (appointed by Obama) and throw in the Cut-Cap & Balance Bill presented by the House, dismissed by Democrats, is the reason we had downgrade. 

In roughly 31 months in office this guy has raised the debt ceiling 40%. After the debt ceiling bill passed we are looking at another $2.4 trillion added to the debt, the highest in the history of the country!

When Bush left office the national debt was $10.7 trillion. How much of that was related directly or indirectly to 911 I don't know. Nevertheless it was a staggering amount and if we were downgraded then I couldn't come up with a compelling argument against it.

Since March 1962, the debt ceiling has been raised 74 times, according to the Congressional Research Service. Both parties are to blame.

Why does Congress even bother to set a debt limit? In theory, the limit is supposed to help Congress control spending. In reality, it doesn't.

Every time the debt limit needs to be raised, lawmakers and the president are forced to take stock of the country's fiscal direction, which isn't a bad thing necessarily.

But the decision about how high to set the ceiling is divorced from lawmakers' decisions to pass spending hikes and tax cuts. It's also made after the fact, so it doesn't do much to pull in the purse strings.

That's why budget experts say it would be better to tie the debt limit decision to lawmakers' legislative actions.

That's why we need a balanced budget amendment..NOW!

Proving once again this administration has no clue.

Is it they can't see a problem, or they don't want to see it?

Scare tactics backfire into a financial downgrade

New Antiseptic

On a tip from Ed Kilbane

President Obama's approval ratings are so low now, Kenyans are accusing him of being born in the United States.

New Antiseptic

I Killed Bin Laden

A $50 – $75 million re-election campaign commercial for Barack Obama.

Check the release date of the movie. Must be just a coincidence?

Rep. King Wants Probe of Administration Help for Osama Movie

The Republican chairman of the House Homeland Security Committee wants the Pentagon and CIA to investigate reports that the Obama administration gave Hollywood filmmakers special early access to classified information on the military raid that led to Osama bin Laden's death.

The movie is reportedly due for release in October 2012, which Rep. Peter King, R-N.Y., notes is just a month before next year's elections.

(EVEN THAT WON'T SAVE HIM) 

In a letter to Defense Department Inspector General Gordon Heddell and CIA Inspector General David Buckley, King cites an August 6 New York Times report that Sony Pictures Entertainment, Inc. and movie director Kathryn Bigelow received "top-level access to the most classified mission in history" to produce a movie about the raid.

King argues that too many leaks of classified information regarding the raid already have occurred, citing reports of arrests of Pakistanis believed by local authorities to have assisted the CIA in the May 1 raid.

King wrote that participation by military and CIA officials in making a film about the raid is bound to increase such leaks and undermine the organizations' hard-won reputations as "quiet professionals" − reputations important for their continued operational success."

"And, the success of these organizations is vital to our continued homeland security," King said in the letter dated Tuesday but publicly released on Wednesday.

King also argued that the administration's "first duty" in declassifying material is to provide full reporting to Congress and the American people, in an effort to build public trust through transparency of government. 

"In contrast, this alleged collaboration belies a desire of transparency in favor of a cinematographic view of history," King said.

Among the questions King wants answered are: What consultations occurred among White House, Defense, and CIA officials on the idea of giving access to filmmakers, and will the film be submitted to the military and CIA for "pre-publication review?"

White House press secretary Jay Carney, during a briefing with reporters on Wednesday, dismissed King's assertions as "ridiculous."

"When people -- including you -- in this room are working on articles, books, documentaries, or movies that involve the president and ask to speak to an administration official, we do our best to accommodate them to make sure the facts are correct," Carney said. "That is hardly a novel approach to the media. We do not discuss classified information."

Carney also noted the challenges of fighting terrorism and said he hoped King's committee "would have more important things to discuss than a movie."

To borrow a line from Dennis Miller:

This guy is shakier then Mel Gibson at a Bar Mitzvah during an earthquake.

I Killed Bin Laden

The Dawn of a New Beginning

On a tip from Keith Grant

They're are few in the Republican party who step up to the plate and refuse to bunt the ball. Marco Rubio is one of them. Listen to what he has to say. Dead on point. I hope they select Rubio to give the keynote speech at the RNC convention.

This guy has a very promising future. New blood, just what we need.

The Dawn of a New Beginning

A Sign Of The Times

On a tip from Edward Kilbane

A Sign Of The Times