published Tuesday, August 9th, 2011

Wall Street

about Clay Bennett...

The son of a career army officer, Bennett led a nomadic life, attending ten different schools before graduating in 1980 from the University of North Alabama with degrees in Art and History. After brief stints as a staff artist at the Pittsburgh Post-Gazette and the Fayetteville (NC) Times, he went on to serve as the editorial cartoonist for the St. Petersburg Times (1981-1994) and The Christian Science Monitor (1997-2007), before joining the staff of the ...

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blackwater48 said...

IRONY BY THE NUMBERS

We live in interesting times...

1) Standard & Poor's failed miserably at recognizing Wall Street's colossal sub-prim ponzi scheme which led to:

2) the 2008 financial meltdown which led to:

3) Washington spending billions of tax dollars for a massive bailout exacerbating the Bush budget deficits which led to:

4) a bar room brawl in Congress over raising the U.S. debt ceiling which led to:

5) S&P downgrading America's credit rating which led to:

6) people wondering if U.S. Treasury Bonds were a greater risk which led to:

7) a massive near panic selloff on Wall Street where investors and traders sought a safe haven for their cash in these economically turbulent times which led to:

8) a massive run on U.S. Treasury Bonds.

August 9, 2011 at 12:51 a.m.
hambone said...

This cartoon wouldn't be so funny except for the fact that the guy on the ledge and the one in the window are both REPUBLICANS!

August 9, 2011 at 3:34 a.m.
alprova said...

The one undeniable truth that some people seem to keep forgetting is that at no time yesterday, today, or in the future, is the United States close to defaulting on it's debts. S&P knows this as well. They abandoned their numerical argument for downgrading the U.S. after it was challenged by the President, when S&P submitted a draft of it's report to the White House.

Mitch McConnell, the esteemed leader of the Republicans in the Senate, was quoted on Tuesday, August the 2nd, after the deal was reached as having said, "Defaulting on the debt is a hostage worth ransoming."

"Taking that hostage as a template how things and moving forward would go, what we have done is set a new template. In the future, any President, this one or another one, when they ask us to raise the debt ceiling, it will not be clean anymore...whoever the President is, is probably going to be asking us to raise the ceiling again. Then we will go through the process again and see what we can achieve in connection with these debt ceiling requests."

If this doesn't tell you what the Republicans have on their minds, nothing does. They clearly do not care who is hurt in the process of holding this country hostage. They are proud of the fact that the markets have went into free fall.

I happen to think that the sellers are being stupid at the moment and deserve to lose all that they have lost by selling without thinking first, because the market will rebound just as quickly as it dived.

History has proven time and again that those who ride out a bumpy market are the real winners, yet every time this happens, panicky sellers make things far worse than they ever are.

Oh well.

August 9, 2011 at 4:07 a.m.

The comments in this cartoon section always lean toward blaming one party, often the Republican Party.

Boring and predictable!

Though this cartoon doesn't indicate one political party or another the initial comments try to push the conversation in that very, very predictable direction.

Usually by the same people!

Democrats are just as involved in Wall Street as Republicans.

Blackwater,

The Democratic Party, going back to the 1970's, are the wizards behind the sub-prime scheme which caused the meltdown in 2008. It was decades in the making.

Republicans have caused their share of problems, but the sub-prime scheme is the Democrat Party's baby.

August 9, 2011 at 4:54 a.m.
alprova said...

blondebutnot dumb wrote: The Democratic Party, going back to the 1970's, are the wizards behind the sub-prime scheme which caused the meltdown in 2008. It was decades in the making.

Republicans have caused their share of problems, but the sub-prime scheme is the Democrat Party's baby.

That is a provable false statement. The sub-prime mortgage scenario began it's roll down snowball hill when Phil Graham (R- Texas), Jim Leach (R-Iowa), Thomas J. Bliley (R-Virginia) co-sponsored a bill, reversing one that had been in place since 1933. The Glass-Stegall Act prevented banks, investment houses, and insurance companies to merge and conduct business with each other.

As we all know, bad mortgages were written by questionable firms, most based on false information both knowingly and/or deceitfully supplied to the mortgage writers.

Then these questionable mortgages were bundled with other questionable mortgages, placed and represented as solid investments on Wall Street.

Then the defaults came and the rest is history. Not so coincidentally, this same scenario led to the collapse of Wall Street in 1929.

The Graham-Leach-Bliley Act was passed with a Republican majority in both the Senate and the House. Not one Republican voted against the act. 57 Democrats voted against it in the House and 8 Democrats voted against it in the Senate.

It passed with a two-thirds majority in both houses and therefore President Clinton was forced to sign it into law.

The only complicity that the Democrats have in the Act was to demand a strengthening of the Community Reinvestment Act provisions contained in it, which were changed to read that there would be a guarantee that the minorities would have opportunity to obtain mortgages in order to purchase homes as well.

And for the record, before anyone brings that up, minorities were not the group who defaulted by and large. That distinction belongs to lily white "flippers," or those who bought multiple homes at a time to attempt to profit from by doing minor repairs and reselling them.

The vast majority of minorities, even those who signed up for ARMS, were paying their mortgages on time each and every month. 93% in fact, the last time I checked.

August 9, 2011 at 5:39 a.m.
woody said...

Not funny..no matter who caused it..Woody

August 9, 2011 at 5:46 a.m.
EaTn said...

I try to be balanced in my reading even if I'm left biased. In the past week I've found it amusing that quoting from the same S&P sources on the downgrade, the right-wing news stated that it was due to the excessive debt, and the left-wing news stated that it was due to the legislative turmoil and indecisiveness. The truth is probably both.

August 9, 2011 at 7:20 a.m.
fairmon said...

Wall Street market makers haven't been hurt but retail investors, some hedge funds and mutual funds currently have losses. Alprova is right panic selling is costly. Brokers love it, they accumulate at a lower price then sell when people get back in.

SDS Is an ETF that goes up 2 points for each 1 point the S&P goes down. Buying this on 8/4 has protected me from the sell off and could be profitable if selling SDS is timed accurately, it is not likely I will accomplish that. TLT is a treasury bonds ETF that goes up when interest rates go down. The reaction to treasuries indicate U.S. treasuries are still viewed as the safest place for money.

Hedge funds and programmed trading that automatically sell or buy an extreme number of shares in less than a second is disrupting the normal market process by causing unusual volatility. The SEC is sitting on it's hands wondering what to do or if they need to act. To me it is obvious they should.

Alprova, we don't often agree but I do agree big banks should not also be brokers with analyst making recommendations on stocks they own or are otherwise involved with.

August 9, 2011 at 7:43 a.m.
fairmon said...

The banking crisis was precipitated by a huge rise in gas prices which revealed the lies and false information used by banks and other financial institutions to make high risk loans then bundle them and sell them as CDOs. It is interesting that not one criminal charge has resulted. It is interesting that the CEO at Fannie Mae and Freddie Mac made quiet exits with golden parachutes and how Barney Franks and Cris Dodd defend these two entities. Secretary of the treasury Snow tried to warn congress that Fannie and Freddie and banks needed to be better regulated. I watched Barney Franks nearly blow an artery along with the black caucus accusing Snow of discrimination. Wuss Bush backed off and Snow later resigned, I'm not sure but think Paulson replaced him.

60 minutes had a revealing segment on how banks forged loan documents in order to process repossessions. Their excuse was they contracted the search for documents and plead ignorance but did not agree to be interviewed. No criminal charges for fraud have been filed to date. Contracting doesn't relieve responsibility.

August 9, 2011 at 8:06 a.m.
BigRidgePatriot said...

This is a stupid cartoon. It shows zero insight about anything.

It would have been a little more interesting if it was Timothy Geithner on the ledge. Maybe even more interesting if Obama had Geithner's coat tails in a strangle hold. Why is Obama keeping him on? I wonder if they cannot find any self-respecting financial guy to take the wheel under Obama. It is obviously a sinking ship with a crazy out-of-control captain. I bet candidates look at how Daley is pretty much a figure head and useless as Obama's COS and know Obama is only looking for yes men, not problem solvers. I wonder if Daley will be gone before Geithner.

What a mess. All the Democrats can think to do is attack anyone with an opposing viewpoint. It will not be long before they have blamed everyone in the world for their problems but themselves. S&P is just the latest in a long list of scape goats which, comically, includes ATMs!

Bennett’s loyal fan base acts just the same way, attacking anyone with a sane viewpoint while never really presenting a plausible argument.

August 9, 2011 at 8:39 a.m.
blackwater48 said...

I WAS BEING KIND

Blonde but not dumb took exception, apparently, to just one line in my post blasting the stupidity of Standard & Poors. I mentioned that Washington spent billions of tax dollars on the massive bailout exacerbating the Bush budget deficits.

Really? Do you really believe that statement amounts to partisan sniping? CBO estimates the Bush tax cuts of 2001 and 03 created a cumulative deficit of $6.2 trillion from 2002-2011. I didn't even mention the two unfunded wars or the unfunded Medicare part D program.

I realize that republicans are basically paranoid. You love playing the victim, love the idea that the 'liberal media' has a socialist agenda, and love the idea that the GOP is on a mission from god. Of course you can't compromise politically. You would be thumbing your nose at the will GOD.

I really love reading conservative's predictable posts. They never admit one republican failure or shortcoming. The closest they can get is to say, well, democrats are to blame too, so it's not ALL our fault.

Do you know why there are so many blonde jokes?

August 9, 2011 at 8:44 a.m.
limric said...

Another hit Clay.

blackwater48 said, “Standard & Poor's failed miserably at recognizing Wall Street's colossal sub-prim ponzi scheme.”

Indeed!

I heard a very telling interview with S&P on NPR (the liberal – socialist radio) yesterday morning. The spokesman was asked, “If Standard and Poors failed to recognizing Wall Street's subprime schemse, why should we believe you now?” The answer, “Just because we got it wrong before doesn’t mean we’ve got it wrong this time”. He was then asked if the current downgrading will have any effect on interest rates, to which he replied, “I don’t know.” Really!? It would seem they know everything and nothing at the same time. Credibility anyone?

So now we are being distracted bay another shiny object. This whole phony debt debacle loosely reminds me of the story: “Peter and the Wolf”. We are the duck and the little bird arguing, "What kind of bird are you if you can't fly?" – "What kind of bird are you if you can't swim?" "Suppose a wolf came out of the forest?" Meanwhile Peter and Grandfather (meaningful regulation) go back to the house and lock the gate.

While we are being distracted, a big, grey wolf re-emerges (Wall St.- Banksters),and bounds out of the forest. We are caught blind-sided again and swallowed by the wolf.

While you may imagine Prokofiev’s wonderful symphony, it is not that you are not listening – it is that you are being played.

August 9, 2011 at 9:14 a.m.
limric said...

BigRidgePatriot,

I have to admit, I like your, "It would have been a little more interesting if it was Timothy Geithner on the ledge."

But even better would be little Timmy Geithner and Ben Bernanke shaking hands on the ledge with you (or me) holding the air horn.

August 9, 2011 at 9:26 a.m.
tderng said...

the Democrat downgrade is a better moniker for this turn of events.Democrats are responsible for the not so very "affordable healthcare act,which added trillions to our deficit against the will of most of Americans.Their attitude of lets pass it so we can see whats in it,peeved off most independents and pretty much all conservatives.We are still finding that the cost of Obamacare keeps going up.

August 9, 2011 at 9:37 a.m.
miraweb said...

Utterly brilliant, Clay!

As much as it pains my Progressive Liberal Bleeding Heart, it isn't a 'Tea Party' or 'Democratic' downgrade. It is a corruption downgrade. The same fine folks who brought us the 2008 crash have a chokehold on the U.S. government. Corruption leaves those who are paid to govern the country tied up in knots to keep their financial masters happy. And the cost is getting very, very high.

My new bumper sticker: http://www.cafepress.com/dibble.323063505

August 9, 2011 at 9:41 a.m.
MickeyRat said...

And who thderng is responsible for the Iraqi scavenger hunt that still costs 1 billion per week...which, was and is, to borrow a phrase - "against the will of most of Americans" ?

August 9, 2011 at 9:58 a.m.
BigRidgePatriot said...

limric said... "But even better would be little Timmy Geithner and Ben Bernanke shaking hands on the ledge with you (or me) holding the air horn."

Or maybe even better if Barney Frank was blowing them off the ledge with his now famous horn!

http://gawker.com/5828963/watch-barney-frank-fart-on-live-tv

August 9, 2011 at 10:11 a.m.
tderng said...

miraweb...I would love one of those hats!!!!

mickeyrat...If my memory serves me right I do believe that was a bi-partisan effort.Many democrats were for it before they were against it.

August 9, 2011 at 10:12 a.m.
blackwater48 said...

PLAYING THE BLAME GAME

TD offered a predictable, the Democrat downgrade is a better moniker for this turn of events.

Exhibit A: S&P's stupid decision to downgrade our credit rating was based on the recent debt ceiling debacle in Congress as proof of our government's inability to tackle tough economic choices.

Exhibit B: House Speaker John Boehner declaring that he was pretty happy with the Bill because he got 98% of what he wanted. The two percent he didn't get, one may extrapolate, was in deferring the next debt ceiling debate until after the 2012 election.

Wow. Your logic is pure. You already have a conclusion and now you are trying to fit your opinions around your flawed strategy.

Like Bush did in attacking Iraq.

August 9, 2011 at 10:27 a.m.
BigRidgePatriot said...

The writing has been on the wall for over 2 years. The downgrade was inevitable considering the antics in Washington.

Trying to vilify S&P right now makes one look clueless! They were not even the first agency to downgrade the US debt!

Yet another version of this cartoon would be to show Bernacki, Geithner and Obama swan diving hand-in-hand off the floor above and the S&P guy blowing a horn at them on the way by. Someone needs to do that cartoon, I wish I could draw better!

August 9, 2011 at 10:39 a.m.
alprova said...

BRP wrote: Bennett’s loyal fan base acts just the same way, attacking anyone with a sane viewpoint while never really presenting a plausible argument.

Just because you consider a presented viewpoint to be "sane," that does not mean it is true or factual. And the truth will be the truth when the world is on fire.

August 9, 2011 at 11:59 a.m.
alprova said...

What if Obama is right about the downgrade?

"President Obama said the recent downgrade by Standard & Poor's was because it "doubted our political system's ability to act.*"

Editor's note: Erick Erickson is a CNN political analyst and contributor and the managing editor of RedState.com, a conservative website where this commentary was first published.

(CNN) -- Seriously. All you people on left and right, suspend your disbelief for one minute. Seriously.

What if Barack Obama was right and S&P just got it wrong. Here's what I'm hearing and it gives credence to this theory. S&P, I'm told, began telling some of its clients about the downgrade on Friday morning. That's why the market was so screwed up on Friday.

By Friday afternoon, the Treasury Department told S&P it had made a $2 trillion math mistake...

Read more at:

http://www.cnn.com/2011/OPINION/08/09/obama.right/index.html?hpt=hp_t1

August 9, 2011 at 12:12 p.m.
mountainlaurel said...

This was meant to be a satire, but I wonder. . . . . .

“There has been surprising little discussion of the real issue underlying the debt ceiling “crisis”: Republicans’ contempt for a growing number of their fellow Americans. These include liberals, members of the mass media, union members, government employees, the unemployed, the uninsured and the ill, seniors, the working poor, feminists, minorities, immigrants, welfare mothers, gays and even veterans. The truth is that America has today entered a new civil war, as this satire suggests, between a minority of ideological extremists empowered by corporate money and a majority of Americans whose numbers will grow as the economy declines. Some of the following is, for the moment, exaggerated. The mentality described is not.

House Majority Leader Eric Cantor today introduced “The Household Job Creators Act of 2011,” which will provide employers with a 50 to 75 percent tax credit for wages paid to American-born household servants. “I am excited to introduce this bill, which will create a giant new employment sector in America by offering tax credits to employers who hire native-born Americans to serve as household servants, including butlers, valets, footmen, governesses, nursemaids, gamekeepers, chauffeurs, pool boys, ball boys, golf caddies, gardeners, cooks, yacht crew members, and scullery and upstairs maids,” he said.

Cantor stressed that his bill would establish once and for all that tax breaks for the wealthy create jobs in America. “This bill disproves the absurd Democratic claim, echoed by the lamestream liberal media, that tax breaks for the successful will not create jobs in the U.S. since businesses are already sitting on a $2 trillion surplus, or that they will invest in cheap labor abroad,” he said. Cantor then added with the boyish grin, puckish humor and deep respect for the rich that have so endeared him to the contributors to whom he owes his career, “America’s most productive and successful people can hardly ask a Chinese worker to fly over and wipe off their baby’s tush, can they? This is a job for American workers!”

Cantor went on to say that his bill will provide a “win-win” solution to two major problems facing America: “The first problem, as America’s job creators can tell you, is that good help is harder to find than at any time since the late 19th century,” he said. “There is a crying need for properly trained servants to serve the needs of successful people, who should no longer be unfairly irritated by their servants’ inability to speak proper English or respond instantly to commands. They deserve well-educated, native-born Americans who know the language and can thus do a far more efficient job of raising their employers’ children, cooking their food, washing their clothing and cleaning up after them. . . . . ”

http://www.truthdig.com/report/item/a_satire_serving_the_nation_republican-style_20110808/

August 9, 2011 at 12:15 p.m.
Walden said...

Classic Clay. Blame the whistleblower that is finally holding this reckless administration accountable. Obama and Geithner own this downgrade. They are the double-A administration. How could we expect anything less from S&P when our country spends 40% more than it takes in? Libbies stop carrying water for this guy -- he is finished, and so may be our country.

August 9, 2011 at 12:46 p.m.
tderng said...

nooga...would that be the non-existent chemical weapons that were used to kill whole villages right down to the last man woman and child?I'm pretty sure that the kurds would disagree with you.He had plenty of time to get them out of the country or hide them in a vast desert where no one will ever find them.

August 9, 2011 at 1:12 p.m.
EaTn said...

For all those in favor of replacing Geithner, I read where Henry Paulson is back in the news--remember, he was Bush's S/T that pushed the TARP on Congress. He's already familiar with the job and could step right in and clear this mess up in nothing flat.

August 9, 2011 at 1:15 p.m.
dude_abides said...

L4F.. I get the feeling you think Clay is a commie. Is his cartoon the only communist site you visit every day of your life?

August 9, 2011 at 2:12 p.m.
BigRidgePatriot said...

Libertarians4Freedom said... "So Clay the commie wants rich people to kill themselves?"

Good point L4F. This is getting to be a very consistent message of hate and violence from the left. It sounds like there is a big element of wealth envy in the London riots. I bet a similar sentiment helped spur the Milwaukee riot. This is probably not going to end well.

August 9, 2011 at 2:18 p.m.
BigRidgePatriot said...

dude_abides said... "I get the feeling you think Clay is a commie"

Your comprehension level is running very high today, for you anyway. Whatever you ate for breakfast you might want to consider repeating.

August 9, 2011 at 2:21 p.m.
blackwater48 said...

FORWARD INTO THE PAST

TD, afflicted with both short and long term memory loss, lobbed this cogent thought a while back: would that be the non-existent chemical weapons that were used to kill whole villages right down to the last man woman and child?I'm pretty sure that the kurds would disagree with you.He had plenty of time to get them out of the country or hide them in a vast desert where no one will ever find them.

Hussein reportedly used chemical weapons on Kurdish Iraqis in 1988. Hey TD, would like to win 10 bonus points? Name the country that sold Hussein chemical weapons to gas Iranians.

Tick, tock.

August 9, 2011 at 2:43 p.m.
chet123 said...

HARP339...YOU MENTION THE HIGH GAS PRICES...Hmmmmmm HOPE YOU NOTICE HIGH GAS PRICES ALWAYS OCCURS WHEN REPUBLICAN HAVE CONGRESS...Hmmmmm I WANDER WHY....COULD IT BE THAT REPUBLICAN REFUSE TO CALL THE OIL EXERCUTIVE ON ANY TYPE OF HEARING Hmmmmm? INSTEAD THEY FIGHT TO PROTECT THE OIL EXECUTIVE WHILE THEY MILK THE PUBLIC....LOL LOL LOL REALLY AMAZING....PRICING START RISING WHEN IT WAS PROJECTED THAT REPUBLICAN WAS TAKING THE HOUSE LOL LOL LOL ....AND THE TIME BEFORE THAT REPUBLICAN HAD THE HOUSE........DO A TIME LINE MY FRIEND....YOU WILL SEE THERE A CO-RELATION OF HIGH GAS PRICES AND REPUBLICAN CONGRESS LOL LOL LOL....FOLKS YOU HAVE TO WATCH THESE THINGS.....WE HAVE TRAITORS IN WASHINGTON....STOP ELECTING THESE BENEDICT ARNOLDS!!!!

August 9, 2011 at 2:53 p.m.
BigRidgePatriot said...

Republicans do not "have Congress". How on earth does one expected to have anything remotely resembling an intelligent dialogue with these lug nuts?

August 9, 2011 at 3:01 p.m.
dude_abides said...

Fun to watch BRP stumble through the mire. He's all about riots now since the first mention in the Febreeze cartoon thread. Now he's got Milwaukee tied in with London. Talk about knee-jerk. Oh, and have you ever heard of a riot type situation ending well? You're supposed to say that before the mayhem, BRP. "This is probably not going to end well." LOL

Regarding breakfast: you may want to lay off the Jamaican Souse leftovers, you seem groggy.

August 9, 2011 at 3:17 p.m.
dude_abides said...

is one expected? does one expect? English, anyone?
lol... must...eat...more...souse.

August 9, 2011 at 3:21 p.m.
blackwater48 said...

CIVICS 101

BRP, you always cease to amaze me. Republicans 'have' Congress for two reasons.

1) The have a majority in the House of Representatives.

2) Although Democrats own a slim majority in the Senate they can't pass a bill with a simple majority vote, i.e., half plus one. Republicans threaten to filibuster everything which means a Bill needs not 51 votes, but 60 votes, and you only need one Senator to threaten filibuster. (Even when there were 60 Democratic Senators they seldom voted as a block.)

Really, BRP, for someone claiming to revere the Constitution your ignorance is stunning.

August 9, 2011 at 3:26 p.m.
blackwater48 said...

DATELINE LONDON

Got a bug laugh from L4F quoting hard hitting journalist Boss Limbaugh to explain the riots in London. Not much is really known over here about what's going on over there, so I gassed up the trusty internets machine and took a look. Here is some of what I found. Hope y'all learn something:

Violence first broke out late Saturday in the low-income, multiethnic district of Tottenham in north London, where outraged protesters demonstrated against the fatal police shooting of Mark Duggan, a 29-year-old father of four who was gunned down in disputed circumstances Thursday. But, as the unrest spread, some pointed to rising social tensions in Britain as the government slashes 80 billion pounds ($130 billion) from public spending by 2015 to reduce the huge deficit, swollen after the country spent billions bailing out its foundering banks. East London's diversity was on display amid the charred hulks of cars and the smell of burning plastic. Some looters were young women with manicured nails and customized BlackBerry smart phones. Others wore dreadlocks and stained shirts or appeared to be homeless. "This is the uprising of the working class. We're redistributing the wealth," said Bryn Phillips, a 28-year-old self-described anarchist… Phillips claimed rioters were motivated by distrust of the police, and drew a link between the rage on London's street and insurgent right-wing politics in the United States.

"In America you have the tea party," he said. "In England you've got this."

August 9, 2011 at 3:45 p.m.
mountainlaurel said...

Speaking of S & P, I guess the House and Senate Republicans didn’t like what Standard & Poor had to say about their big "balanced budget amendment" idea:

“House and Senate Republicans have rallied around the notion of a balanced budget amendment to the Constitution as a solution to the country’s dire fiscal straits. But over the weekend, the head of Standard & Poor’s sovereign ratings division dismissed the idea, arguing that it would be more harmful than helpful to the country’s creditworthiness.

“In general, we think that fiscal rules like these just diminish the flexibility of the government to respond” to crises, S&P managing director John Chambers told CNN’s Wolf Blitzer on Saturday when asked whether it’s important that Congress send a balanced budget amendment to the states in order to restore the country’s AAA credit rating. Chambers made the remarks one day after S&P downgraded the U.S. credit rating from AAA to AA+ for the first time in the country’s history.

http://www.washingtonpost.com/blogs/2chambers/post/sandps-chambers-balanced-budget-amendment-would-do-more-harm-than-good/2011/08/09/gIQAElip4I_blog.html

August 9, 2011 at 3:45 p.m.

Hate the rich, hate oil companies, hate corporations, hate the tea party, hate insurance companies, hate anyone who makes 200 thousand a year, hate small businesses, hate the private sector, hate white people, hate anyone who owns a private jet, hate anyone who owns an suv, hate anyone who doesn't buy into global warming, hate those who don't belong to unions, hate those who want stop the influx of illegal aliens, hate banks, hate ceo's, hate bosses, hate jews, hate the founding fathers, hate our constitution, hate our system of checks and balances, hate anyone that has more than you do, hate, hate, hate

There's a whole lot of hating going on ever since BO duped his way into office.

All the escalating violence you're seeing in urban areas around the country is exactly what BO wants. He loves chaos and uncertainty for the rest of us. Let them eat canned yams and spam from the dollar store While me and flotus have barbecues and dance barefoot on the White House lawn.

He doesn't give rat's ass

Remove his sorry hide from office and the world will be a better place!

August 9, 2011 at 3:52 p.m.
dude_abides said...

Hate Obama...

August 9, 2011 at 4:04 p.m.
hambone said...

chattanoogatennesseeusa?

Is that FrancisTrollMonkey ?

August 9, 2011 at 4:13 p.m.

Nothing new here. Bennett hating on middle-aged white men.

August 9, 2011 at 4:20 p.m.
dude_abides said...

dang it hambone, you should have let him run a little before you set the hook! lol

August 9, 2011 at 4:30 p.m.
chet123 said...

BOOKIETURNERSGHOST....LOL LOL LOL WHAT DIDI YOU SAY???? KEEP TALKING BOOKIE LOL LOL LOL SO WHAT ARE YOU SAYING...I DONT GET IT...BENNETT IS LIKE MOST AMERICAN...DOWN ON THE RICH AND GREEDY..LOL LOL LOL...AND YOU SAID MIDDLE-AGE WHITE GUYS...LOL LOL LOL LOL LOL IS THAT A DIVERTION TACTIC LOL LOL...WHY DID YOU JUMP OFF COURSE LIKE THAT?????Hmmmmmm ARE YOU TRYING TO PLAY THE RACE CARD? OOPS!!!! YOU DID! LOL LOL LOL LOL SO YOUR AGURMENT IS SO WEAK AND WIMPY THAT YOU ARE LOOKING FOR A WAY TO WIGGLE OUT! LOL LOL LOL ...YOU KNOW WHAT I CALL THAT???? A COWARD!

August 9, 2011 at 4:54 p.m.
hambone said...

LOL! LOL!

August 9, 2011 at 5:19 p.m.
chet123 said...

HEY CHATTANOOGATENNESSEEUSA.....USE A SHORTER NAME.....DO YOU HAVE MULTIPLE NAMES...YOU DONT HAVE A TRACK RECORDS...THAT ALWAYS RAISES RED FLAGS....LOL LOL LOL LET ME ASK YOU A QUESTION SINCE YOU SEEM TO BE AN EXPERT ON WHO HATING WHO......

1) I MAKE 200 THUOSANDS A YEAR....MAKE SO SINCE MAN.....SOME OF MY HERO ARE HENRY FORD,BILL GATES, WARREN BUFFET, OPAH WINFREY....WHAT ARE YOU TALKING ABOUT??? STOP LYING!!!!

2).I DONT THINK ANYBODY HATE THE RICH...BUT A LOT OF PEOPLE ARE READY TO OPEN UP A CAN OF WHOOP-BUTT ON THE RICH AND GREEDY

3). YOU THINK MIDDLE CLASS PEOPLE ENJOYING PAYING 4.OO DOLLARS A GAL FOR GAS....AND WHENEVER A REPUBLICAN CONGRESS IS IN WASHINGTON GAS SPIKE UP....Hmmmm DONT YOU SEE A CO-RELATION??? WELL MAYBE YOU TURN YOUR HEAD THE OTHER WAY...AND MAKE THE BILLIONARE EXCUTIVE OF THE OIL COMPANY THE VICTIM LOL LOL LOL WHILE OUR SONS AND DAUGHTERS RISK THEIR LIFE IN THE MID-EAST RICH OIL COUNTRIES

4). TEA PARTY ARE THE EXTREME REPUBLICAN PARTY...THE BOTH ARE THE SAME.....LET ME SAY THIS AGAIN....TEA PARTY ARE PROTECTOR OF THE RICH AND GREEDY....JUST REPUBLICAN WHO ARE ASHAME TO SAY THEY VOTED FOR GEORGE W. BUSH

5). WHO HATE SMALL BUSINESS....I THINK YOU NEED TO TALK WITH LARGE CORPORATION THAT PUT MOM AND POP BUSINESS OUT OF BUSINESS

6). HATE PRIVATE SECTOR....WELL MAYBE YOU ARE A FOOL BUT I'M NOT INTERESTED IN PRIVATE SECTOR PUTTING TAX PAYER MONEY IN THE HANDS OF ENRON...AND RICH AND GREEDY PEOPLE.

7). HATE WHITE PEOPLE....Hmmmmm I WOULDNT SAY THAT SINCE MY GIRL-FRIEND IS A FAIR-SKINNED WHITE WOMAN....

I'M NOT GOING ANY FARTHER WITH YOU CHATTANOOGA....YOU WANT TO CREATE A BUNCH OF BOOGIEMEN LOL LOL LOL LOL MAYBE YOU ARE THE ONE WHO HAVE BOOGIEMAN FEARS..LOL LOL LOL LOL

I SEE WHY YOU HIDE YOUR TRUE IDENITY...I WOULD BE EMBARRASS AND ASHAME TO LET ANYBODY KNOW WHO I AM......YOU MY FRIEND HAVE DESTROYED YOUR CREDIBILITY UNDER THAT NAME....POSTERS WILL KNOW YOU ARE A BONIFIDE IDIOT!.......ONE THING YOU CANT HIDE IS ..YOU ARE A REPUBLICAN...DEMOCRATS TALK SENSIBLE...ONLY A RUSH LIMBAUGH, FOX NEWS, GLENN BECK WINGNUT WOULD JUST MAKE UP LIES....VERY CHILDISH.....YOUR AGURMENT IS NON-EXISTENCE LOL LOL LOL

August 9, 2011 at 5:37 p.m.
chet123 said...

HELLO HAMBONE.....I TRYING TO FIGURE OUT WHAT THESE REPUBLICAN DRINKING AND WHY THEY CANT TALK AS ADULTS.....THIS WHAT HAPPEN TO THE BRAIN WHEN YOU DONT USE IT...HAMBONE I TRY TO TELL THEM TO STOP WATCHING FOX NEWS AND LISTENING TO RUSH LIMBAUGH...THEY ALL TALK LIKE THIS....ITS SAD! VERY SAD!...SEE YOU LATER HAMBONE

August 9, 2011 at 5:44 p.m.
chet123 said...

PS....BIGRIDGE..TALKING CRAZY TOO...HE JUST SAID REPUBLICAN DONT HAVE CONGRESS...LOL LOL LOL ....IF THE GREATEST GENERATION WAS STILL LIVING THEY WOULD JUST KICK BIGRIDGE IN THE BUTT FOR TRYING TO GIVE THE COUNTRY AWAY LOL LOL

August 9, 2011 at 5:47 p.m.
chet123 said...

SEE WISCONSIN IS STARTING THE REVOLUTION FOR THE MIDDLE CLASS....THINK THE GENTLE GIANT HAVE BEEN AWAKEN AMERICA...YOU WILL WITNESS HISTORY TONITE

40 MILLION DOLLARS HAVE POURED IN WISCONSIN BY THE REPUBLICAN....FOR SOMEONE WHO CANT AFFORD TO PAY TAXES ...REALLY KNOW HOW TO BLOW IT ON LIES AND PROPANGANDA....THE GLOVES ARE OFF REPUBLICANS

August 9, 2011 at 6:09 p.m.
fairmon said...

chet123.. Would you recognize a time line if you saw one, could you read it? Apparently not, the only line you recognize is one you snort. Republicans didn't control congress then and they don't now. I'm not defending them but they now only control of the house, the democrats have the administration and senate. Your envy, greed and malice toward successful people really shows. Give me one good reason why they should support you or anyone else? I have no problem helping children, elderly and disabled but not those that don't try to help themselves.

I accept pro choice and most liberals are really adamant about it. How can they be pro choice then make every effort to make choices for me? Why do I have to buy imported fluorescent light bulbs beginning next year or be fined and if I break one pay for a hazmat team? I buy bulbs made in the U.S. now but the required bulbs are 100% imported, a few more jobs gone. They contain mercury, a major environmental health hazard but we can't risk energy independence the liberals want to protect me not by regulating but prohibiting it, go figure. Why do liberals have the right to choose the kind of toilet I buy, that actually waste water? Why do liberals require me to protect myself with a seat belt? Why do liberals require me to buy those small motor appliances you call energy efficient but don't last? Why do they require me to contribute to welfare and charities of your choice? The list is long where liberals want to decide what is best for me but they mouth about pro choice and peoples rights. Liberals want to decide which choices people have and make, is that kin to socialism? Why not educate people regarding regarding any issue but let them make their own choices?

I know the republicans are screwed up but don't try to convince me that idiot we have as a leader or democrats are any better! You are like a parrot watching or reading something then attempting to convince others you are in the know. My vote may not count but I hope there is a capable independent candidate available.

Lol LOl Lol Lol......When are you going to quit yelling and giggling?

August 9, 2011 at 6:10 p.m.
hambone said...

D.F.T.T

August 9, 2011 at 7:04 p.m.
fairmon said...

chet123...

You have almost convinced me I may need to check the tea organization out. It sounds like they want to stop the debt increase and start paying it instead of passing it and more on to future generations. What is wrong with that? I assume they will insist on making choices for me that with good and accurate information I could make for myself. I probably won't care for them either.

I would like to see all tax deductions, reductions, incentives, earned income credit and other tools of manipulation using the tax codes eliminated. I would like to see the tax tables apply equally to everyone, no married, single, head of household headings, the same rate for everyone with the same income. Why should a single person pay more than those married when two live cheaper than one? Why is interest on loans to buy a house deductible? Renters and those paying cash for a house help others pay for their house, why? Why do pro-choice liberals discriminate against people that make the choice to not marry? Why do they discriminate against those that by choice rent and don't buy a house? Why do require those that by choice don't have kids help pay for the kids of those that have a house full of rug rats?

August 9, 2011 at 7:29 p.m.
dude_abides said...

roll, harp, roll. If I have a motorcycle I should pay a small fraction of what F350's pay in taxes for roads, right? Maybe I don't care what the interstate median looks like! I should be able to opt out of those taxes. If I don't have kids in school, I shouldn't be taxed for everybody else's kids' education! Maybe I like carcinogens in my food and drugs. Close the FDA! All this societal pitching in crap irks me.

August 9, 2011 at 7:51 p.m.
fairmon said...

dude_abides,

Where did you see anything about hi-ways, the FDA or other essential health and environmental regulations. You drive an F350 you pay more in gas taxes for interstate construction and maintenance that those on a motorcycle. I must have hit a sore spot with the discrimination against a minority group (unmarried and renters) participated in by both parties. Yep, some, not all, of this societal pitching in and shared sacrafice that isn't necessary irks the hell out of me. I sacrificed and worked my ass off and some times on two jobs to achieve some independence and I don't like some liberal butt using it to furnish free cell phone time, help people that can pay for their own house pay for it, helping people that could pay for their own kids education pay for it. Why should I? Apparently you like helping people make choices when it benefits you.

August 9, 2011 at 9:01 p.m.
kinch7 said...

Good job, once again, Clay Bennett. The right needs to be laughed at since reason falls off of them like bread crumbs. But I must say hambone is dead on about who is in this cartoon. I laughed out loud when I read is comment.

August 9, 2011 at 9:08 p.m.
dude_abides said...

I just don't mind feeding the hungry, or paying for essential services. Nobody wants to give to the undeserving. But we shouldn't throw the baby out with the bathwater. We don't even want to pay for more prisons while we're simultaneously bemoaning the crime rate and short jail sentences. Some of us want to refuse providing birth control so we can complain, I guess, about the growing poverty rate.

August 9, 2011 at 9:20 p.m.
BigRidgePatriot said...

So far the recall effort in Wisconsin is not looking too good for the Democrats.

http://wisconsin.onpolitix.com/pages/260/august-9-2011-state-senate-recall-election-results

I wonder if we can expect more riots up there tomorrow if the entitlement class does not get their way. Violence is everywhere with these people.

August 9, 2011 at 10:21 p.m.
BigRidgePatriot said...

chet123 said... "IF THE GREATEST GENERATION WAS STILL LIVING THEY WOULD JUST KICK BIGRIDGE IN THE BUTT"

Again with advocating violence. Seeing a pattern here?

August 9, 2011 at 10:23 p.m.
chet123 said...

HARP339 I NEVER HEARD A CONGRESSMAN CALLED SENATOR.....NOR A SENATOR CALLED CONGRESSMAN..SEE YOU WANT TO DIVERT THE ISSUE..BUT FOR THE BENEFITS OF SEMITIC....I WILL SAY THE U.S. HOUSE OF REPRESENTATIVE AND THE U.S.SENATE....I WONT ARGUE WITH YOU ON TERMINOLOGY.....SINCE I'M SNORTING COCAINE LOL LOL YOU AS ALL REPUBLICAN NEVER CAN ARGUE YOUR CASE SO YOU START NAME CALLING...YOU REALLY ARE SHOWING YOUR IGNORANCE! ANY BILL INTRODUCE WILL HAVE TO COME THRU REPUBLICAN....WIGGLE OUT OF THAT!!!..AND BY THE WAY....I CAN TELL ABOUT THE PASSION IN YOUR WRITING THAT YOU ARE A HARD-CORE REPUBLICAN....JUST ASHAME TO SAY AFTER THE SURPLUS BUSH AND CHENEY TURN INTO DEFICIT...

HARP339...YOU HAVE NOTHING TO STAND ON SO YOU MAKE UP LIES..LOL LOL LOL.....LIE ON HARP...LIE ON HARP...LOL LOL I WANT YOU TO TAKE THIS BUTT WHOOPING I'M GOING TO GIVE YOU LIKE A MAN LOL LOL...NOW YOU SAY I ENVY SUCCESSFUL PROPLE...ONCE AGAIN I WILL TELL YOU...LISTEN GOOD....I NOTICE YOU GO DEAF OR BLIND WHEN I POST TO YOU THE TRUTH...AND THE TRUTH IS I PERSONALLY ADMIRE SUCCESSFUL PEOPLE...MY GRANDFATHER WAS SUCCESSFUL...MY FATHER WAS SUCCESSFUL AND I'M SUCCESSFUL SO WHAT ARE YOU TALKING ABOUT HARPO....DID YOU KNOW YOUR NAME IS BACKWARD TO THE NAME OPRAH LOL LOL OPRAH IS A BILLIONAIRE..ARE YOU??? NO POOR MAN....NO BIG FISH IN CHATTANOOGA...MAYBE BIG FISH IN A SMALL POND LOL LOL LOL...I ADMIRED HENRY FORD....HE MADE A GREAT CONTRIBUTION TO AMERICA...I ADMIRE WARREN BUFFETT AND BILL GATE...BUT I HATE RICH AND GREEDY AND THE BUTT KISSER LIKE YOU THAT COW-TAIL TO THEM.

YOU SAY YOU HAVE NO PROBLEM HELPING CHILDREN AND ELDERLY DISABILITY BUT DONT HELP THOSE WHO WONT HELP THEMSELVES???I AGREE THERE HARP...BUT I BELEIVE YOU NOT ONLY WILL NOT HELP...I BELEIVE YOU WILL SET-UP ROAD BLOCK FOR MANY PEOPLE IN AMERICA AND MILK THEM WITH HIGH EXPENSES AS GAS, INSURANCE,LOW WAGES....I DONT THINK THOSE PEOPLE WANT THE CRUMBS OFF YOUR TABLE...JUST STOP SETTING UP OBTACLE AGAINST THEM.

AFTER READING THE CHILDISH POSTING YOU HAVE HEAR...WHY DONT YOU JUST GO AMISH HARP....JUST TURN AMISH IF YOU FEEL LIKE THAT....WHETHER YOU KNOW IT OR NOT....EVRYONE IN AMERICA IS INTERCONNECTED....WE LOST 30 MEN IN AFGHANISTAN SATURDAY....MOSTLY OF ALL OF THEM FROM WORKING CLASS OR MIDDLE CLASS FAMILY....THIS COUNTRY WILL NEVER BELONG TO THE RICH AND GREEDY....

WHY ARE YOU RAMBLING ALL OVER THE PLACE...I BELEIVE YOU MAY BE DURING THE SNORTING..LOL LOL YOU GO INTO LIGHT BULB...THATS BUSH POLICY! ....ARE YOU CRAZY???..I TELL YOU TO JUST OPT OUT OF THE SYSTEM OR DO YOU NOT HAVE THE GALLS...COWARD???? CHICKEN,,,,OR JUST A WIND-BAG IF YOU HAVE THE GALL

August 9, 2011 at 10:25 p.m.
BigRidgePatriot said...

chet123 said... "THE GLOVES ARE OFF REPUBLICANS"

Chet is apparently in a fighting mood.

August 9, 2011 at 10:27 p.m.
SavartiTN said...

I am just going to surmise that the majority of Tennesseans must be happy with the current economic situation.

August 9, 2011 at 10:27 p.m.
BigRidgePatriot said...

chet123 said... “I WANT YOU TO TAKE THIS BUTT WHOOPING I'M GOING TO GIVE YOU LIKE A...BUT I HATE RICH AND GREEDY AND THE BUTT KISSER LIKE YOU…”

Have you ever considered psychological help? I worry that you may be dangerous to yourself and those around you.

August 9, 2011 at 10:32 p.m.
chet123 said...

HARP...NOW EARLIER I WAS TALKING TO A PHONY NAME CHATTANOOGA BOOKIE AND BIGRIDGE....BUT SINCE YOU HAVE STUCK YOUR NOISE INTO THE CONVERSATION....I WILL BLISTER YOU AS I HAVE ALWAYS....MAYBE YOU LIKE GETTING WHIPPED OR WITCH-SLAPPED...YOU COULD BE IN SADISM....I'M HEAR TO TELL YOU...WITH WORDS I CAN ISSUE OUT ALL THE PAIN YOU CAN HANDLE HARPO

August 9, 2011 at 10:32 p.m.
BigRidgePatriot said...

See above. I wonder if the TFP has a policy against dialogue like that chet is serving up?

August 9, 2011 at 10:34 p.m.
BigRidgePatriot said...

chet123 said... "BUT A LOT OF PEOPLE ARE READY TO OPEN UP A CAN OF WHOOP-BUTT ON THE RICH AND GREEDY"

Does the TFP want to be responsible for providing a forum for this kind of vitriol?

August 9, 2011 at 10:37 p.m.
chet123 said...

BIGRIDGEPATRIOT...YOU WOULDNT BE TRYING TO SUPPRESS MY SPEECH WOULD YOU ...SINCE YOU CANT DEFEND YOUR AGRUMENT

August 9, 2011 at 10:40 p.m.
chet123 said...

BIGRIDGE...WHENEVER YOU TRY TO TAKE ME ON ISSUES YOU DONT HAVE ENOUGH SUBSTANCE OR HISTORY

August 9, 2011 at 10:42 p.m.
chet123 said...

I'M OUT OF HERE...I'M TIRED OF THESE LIGHT-WEIGHT REPUBLICANS...I NEED HEAVY-WEIGHTS.....

August 9, 2011 at 10:48 p.m.
BigRidgePatriot said...

chet123 said... "YOU WOULDNT BE TRYING TO SUPPRESS MY SPEECH WOULD YOU"

Not really. It would be a shame if I did not have you to use as an example of what the dangerous race baiting and wealth envy culture created by the Democrats is setting the country up for. You seem to have built up a great deal of hate and may be close to moving from rhetoric to physical action. People need to be made very aware of the monster that the Democrats seem to be intentionally creating. It’s Alive!

August 9, 2011 at 10:51 p.m.
dude_abides said...

Yeah, BRP, the Democrats want to create an apocalyptic world in which we make sure that kids get milk in the morning before school.

August 9, 2011 at 11:03 p.m.
BigRidgePatriot said...

I suppose you think the British social network is far more advanced than that in the US. How is that working out for them tonight?

I don't think the Democrats are intentionally doing harm to society, they just don't understand the consequences of their tactics. In an attempt to whip up constituent enthusiasm they are turning blocks of people against each other. As we saw in Wisconsin the results can and will turn violent.

August 9, 2011 at 11:58 p.m.
alprova said...

Hambone wrote: chattanoogatennesseeusa?

Is that FrancisTrollMonkey ?

I believe it is. His absence lasted longer than I thought it would, and it took one less post than I surmised it would take to figure out it was him once he returned.

At least he's using capital letters for now to start his sentences.

August 10, 2011 at 1:15 a.m.
mymy said...

WHO SAID: SEE WISCONSIN IS STARTING THE REVOLUTION FOR THE MIDDLE CLASS....THINK THE GENTLE GIANT HAVE BEEN AWAKEN AMERICA...YOU WILL WITNESS HISTORY TONITE"

GOT NEWS FOR YOU: REPUBLICANS HELD ONTO CONTROL OF THE WISCONSIN SENATE ON TUESDAY, DEFEATING FOUR DEMOCRATIC CHALLENGERS IN A RECALL ELECTION.

JUST WAIT AND SEE WHO IS REALLY THE GENTLE GIANT IN 2012! OH, LOL LOL LOL LOL LOL LOL

August 10, 2011 at 6:58 a.m.
dude_abides said...

"In an attempt to whip up constituent enthusiasm they are turning blocks of people against each other." -BRP

Sounds like the teAA+ party to me.

August 10, 2011 at 7:03 a.m.
MickeyRat said...

Is anyone else suspicious about the S&P downgrading the US credit rating (for the first time in modern history)? Their decision is clearly all about politics. They even said that they weren’t downgrading the US government’s debt as much as they were downgrading the US government because they don’t like it.

This is the banking industry just trying to put the screws to the Obama administration. Already Republicans are calling for Timothy Geithner to resign and blaming the economy on him (not that I have any love for Geithner, but still).

The Republicans are also blasting Obama for the credit rating downgrade, but if you read the downgrade statement from S&P, they were actually even more critical of the Republicans for refusing to consider revenue increases, saying that they changed their opinion of the government “because the majority of Republicans in Congress continue to resist any measure that would raise revenues”.

I guess nowadays everything has become political, even your mothers petunia's. Does anyone actually care about, you know, fixing the economy?

August 10, 2011 at 7:50 a.m.
fairmon said...

MickeyRat..

Good point. Fixing the economy depends on decent paying non-government jobs. Any increase in revenue, reduced taxes or other legislation that doesn't have a positive impact on decreasing unemployment should not be passed.

August 10, 2011 at 8:37 a.m.
Clara said...

It seems as though a few others, beside myself, wish Geithner would go away.

Exactly what are his duties?

Poo

August 10, 2011 at 8:55 a.m.
MickeyRat said...

harp3339,

I agree with you 100%. I also have to give limric the benefit of the doubt when he has said we need to give the ‘Tea Party” credit for at least doing something. Really limric!!?? With our wildly successful debt ceiling deal, the S&P shakedown and all, maybe the Tea Party deserves more credit than it's getting. Forthwith, a thank you - for our "great recession," and for "shrinking government down to the size of your world view."

“Never doubt that a small group of reactionary, xenophobic, corporately-manipulated citizens can change the world."

August 10, 2011 at 9:23 a.m.

This cartoon would have been much more accurate had Clay added a Dem and Repub, arms on each others shoulders and hands on their mouths stifling juvenile giggles, to the background watching the S&P sneak up.

Both parties are playing this game. They are both to blame. The last laugh will be on us if we don't come to our senses and stop it. Vote 2012. It is important and we got into this mess by neglecting our duty to be engaged in the political process.

August 10, 2011 at 10:23 a.m.

Libertarians4Freedom, I agree that was a factor in the last election, but that isn't what got us here altogether. The concerted progressive assault on the pillars of our society and the lack of a majority of good people being involved in the political process is what go us here. 30% election turnouts are what got us here. Had the good honest people of the US been voting all along, we wouldn't be anywhere near the situation we are in now.

We can recover, but it will take an engaged electorate and strong families and communities to do it. If every legal citizen voted, (even the progressives and entitlement class), conservatives would still win. They are outnumbered and they know it. That is why illegal aliens are being encouraged to invade our sovreign lands. They need the votes to beat the majority.

August 10, 2011 at 1:17 p.m.
mountainlaurel said...

FlyingPurpleSheepleEater said: "The concerted progressive assault on the pillars of our society and the lack of a majority of good people being involved in the political process is what go us here."

Assault on the pillars of our society? Nice try, FlyingPurpleSheepleEater. America only has to look at who these Republican politicians have appointed to the “Super Committee” to see what the Republican Party has in mind for the future. Indeed, talk about assaults and destructive radical jerks: a man who compares Republican moderates to communists; three men who want to destroy the U.S. Social Security System; a man who claims working families don’t pay enough in taxes; and a former budget director in the George W. Bush administration:

Jeb Hensarling is a prominent right-wing Texan who has a bad habit of saying dumb things. Given the nature of this panel’s work, it’s worth noting that Hensarling has described Social Security and Medicare as “cruel ponzi schemes.” He’s the GOP pick for co-chair of the committee.

Dave Camp is the chairman of the powerful House Ways and Means Committee, and a rather generic Republican, though he does seem to believe working families don’t pay enough in taxes. Fred Upton was known as a relative moderate, until his party fell off the right-wing cliff, at which point he jumped, too.

Jon Kyl is a far-right GOP leader who strongly believes Congress “should never have to offset” the cost of tax cuts, because the Tax Fairy magically ensures they pay for themselves. As part of the recent debt-reduction talks, Kyl ruled out any attempts to increase revenue and demanded $6 trillion in cuts.

Pat Toomey is the former head of the right-wing Club for Growth. He’s talked about privatizing Social Security; blames FDR for the Great Depression; and is on record comparing moderate Republicans to communists.

Rob Portman used to serve as George W. Bush’s budget director. No, seriously, he really did. After pleading with voters to ignore his entire record in public life, Portman was elected anywayand now Republicans want him to help shape a debt-reduction plan.

http://www.washingtonmonthly.com/political-animal/2011_08/republicans_announce_super_com031439.php

August 10, 2011 at 2:10 p.m.
mymy said...

The Democrats tell you how much they care to buy your vote.......at the same time destroying everything in the end. Wake up!

Look where we are today since The Bomb stepped on the accelerator of spending. He is a “Debt Man Walking” and you want to follow him out of a ditch and over the cliff.

The Democrat Party is truly the Party of Hate. They are so good at blaming others for societal destruction when in fact it is them that make it happen.

August 10, 2011 at 3:33 p.m.

ML, What are you getting at? I don't support the GOP. In my opinion, the Dems and Repubs are the same party participating in political theater to fool the masses so that they can continue their continual erosion of our rights. The pillars I was referring to are faith, family, education, individualism, self reliance and truth.

Your comments on each of the people you named above show where your bias lies and your idea of paying for tax cuts is an insult to common sense. Tax cuts are about spending less. That's the whole freaking point! Why would you have to pay anything to spend less? That would be like saying you have to pay extra on your cable bill to have your power shut off.

BTW, I agree that social security is a ponzi scheme, and support a flat consumption tax across the board. Fairness is what I am all about. If you do a fair bit of work, you should get a fair bit of pay. If you sit on your fat butt all day complaining about wrongs commited against your long dead ancestors, you should do it under a bridge or in a ditch. No-one I know of pays for complaints. That product has a surplus that will never run out.

George W Bush was a borderline socialist who spent like a drunken sailor. I was happy he was gone, but would take him over our current president any day.

The super commitee is a stupid idea. Committees are ways for politicians to discuss the methods they are going to use to screw the american people while doing the least amount of damage to their chances of being elected again. They rarely ever get anything worthwhile done and when they finally make a descision, the problem has usually resolved itself or been forgotten completely.

No.. I am still of the opinion that an involved electorate will solve this problem faster than any number of committees. For now, we the people still have the power.

August 10, 2011 at 3:44 p.m.
jimbob said...

People don't ever think that what is happening in London can't happen here. The way things are going here it's time to lock and load. Neither myself,my wife or our daughter leave the house without carrying our guns. I'm not going to be mugged in the parking lot of a food store for a loaf of bread.

August 10, 2011 at 4:50 p.m.
BOOBOO99 said...

DOW WILL BE BELOW 5000 BEFORE END OF YEAR. GET YOUR FRUIT JARS OUT TO HIDE YOUR MONEY ..ITS GONNA GET UGLY

August 10, 2011 at 5:22 p.m.
alprova said...

BOOBOO99 wrote: DOW WILL BE BELOW 5000 BEFORE END OF YEAR. GET YOUR FRUIT JARS OUT TO HIDE YOUR MONEY ..ITS GONNA GET UGLY

B.S.

August 10, 2011 at 6:26 p.m.
alprova said...

POLL TIME!!

Release date: 8/10/2011

Q. As you may know, that bill created a bipartisan congressional committee that is expected to produce a proposal to significantly reduce the federal budget deficit. Please tell me whether you think each of the following should or should not be included in that deficit reduction proposal:

Increases in taxes on businesses and higher-income Americans:
63% said "Should," 36% said "Should not, and 1% had no opinion.

Major cuts in spending on domestic government programs:
57% said "Should," 40% said "Should not", and 3% had no opinion

Major cuts in military spending: 47% said "Should," 53% said "Should not"

Major changes to the Social Security and Medicare systems:
35% said "Should," 64% said "Should not", and 1% had no opinion

Increases in taxes on middle class and lower-income Americans:
12% said "Should," 87% said "Should not"

The poll results are published at:

http://i2.cdn.turner.com/cnn/2011/images/08/09/poll.aug10.pdf

August 10, 2011 at 6:38 p.m.
BigRidgePatriot said...

Last night I had a laugh remembering about how the unions were going to "spank" Scott Walker with the recall. This bodes really, really well for 2012 and will hopefully embolden anyone ready to work for fiscal sanity in Washington.

Somebody said the notion of the Dow hitting 5000 is "B.S.". It almost hit 6000 based only on the 9-11 attacks. We are now facing structural economic problems with run-away government debt and oppressive government regulation (note obama cancelled his speech announcing even MORE new regulations). Unless the progressives start following the Tea Party lead we may in fact see 5000.

August 10, 2011 at 8:42 p.m.
alprova said...

BRP, you'd like to see a 5,000 Dow Jones average, wouldn't you? Tea Partiers will not be happy until this country is brought to its knees economically.

Wisconsin kept and won three seats, so far, in the Wisconsin legislature. Last week, a Democrat kept her seat in her recall election. Two more are slated for next week and Scott Walker is still facing a recall election as well in Wisconsin. It's still not over in Wisconsin until after the outcome of the aforementioned elections are counted. Oh, the Democrats will not take control of their House and Senate, but without a Republican Governor, their hands will be tied.

The Tea Party is all but being ignored currently and by the time the elections roll around next year, they will be ineffectual in terms of influencing national politics. These people are too Conservative and none of them will be running against President Obama.

But, I hope that they keep up the good work of trying to muddy the waters from now until next November, because people need to be constantly reminded of what their goals are, which is to wrestle control of Government away from mainstream America, in order to impose control over this nation while disregarding the middle and lower income classes.

August 10, 2011 at 9:18 p.m.
BigRidgePatriot said...

I am still laughing. Were you one of the ones predicting the spanking? Forgive me if I don't follow you closely enough to know.

Liberals in England are now killing people. How long before our local thugs follow suit?

August 10, 2011 at 9:25 p.m.
alprova said...

BRP wrote: I am still laughing. Were you one of the ones predicting the spanking? Forgive me if I don't follow you closely enough to know.

I couldn't care less what you follow or don't follow. I was not one of the ones predicting a "spanking" in Wisconsin.

Liberals in England are now killing people. How long before our local thugs follow suit?

You're referring to a different country with different problems than those of ours, and I don't know how you could possibly know the political leanings of those rioting in England. Chances are, they are too young to have a say in the political processes of that nation.

All that I have read points to the initial trouble following the death of an Afro-Caribbean man in north London from a gunshot wound after an incident involving armed police.

Community leaders have offered that inequality, cuts to public services, and high youth unemployment are also behind the riots.

Would such a thing happen in this nation? It could happen, if the far right-wing is given half a chance to implement the policies it has in mind for the poor and what remains of the middle class in this nation.

August 10, 2011 at 9:38 p.m.
tderng said...

BRP...I think that's what the flash mobs are ramping up to do.Thugs have been targeting stores for a while and are beginning to go after people.Since they are getting away with it it will only get worse.

August 10, 2011 at 9:46 p.m.
BobMKE said...

Al, (Greetings from the Beautiful Red State of Wisconsin)

Bad news for you and your ilk. Gov. Scott Walker and Wisconsin you know the State just north of that Obama, Emanuel, Axlrod cusspool called Illinois) are the talk of the nation. Gov Walker said that he would change WI and he did it without raising taxes, laying employees off or employees losing their jobs. He balanced the budget, paid off funds that were raided by past Gov. Diamond Jim Doyle and we have a surplus. Cities and schools are seeing surpluses across the State, and even Milwaukee (the Mayor has a red face) The national unions spent tens of millions of dollars, sent their thugs here, and made Wisconsin ground zero. All of that money to gain two seats. Next week the two Democrats who are facing a recall are very worried. A record turn out of voters again made the statement that we are in line wiht the Conservative views. (oh yeah, none of you libs still have not given me an answer to name a major city that has suceeded after decades of liberal leardership) Oblamea needs Wisconsin in 2012. He wouldn't win it. the unions are not going to spend any more money to recall Gov. Walker because the money will go to Jimmy Carter II here in Wisconsin in 2012.

http://us.mg203.mail.yahoo.com/neo/launch?.partner=sbc&.rand=fuep3rclanusq

August 10, 2011 at 9:58 p.m.
tderng said...

Since Tennessee's Castle law states that a citizen has a right to defend themselves with deadly force,wherever they have a legal right to be,against criminal activity,there may well be bodies stacked up like cordwood if they try this in our cities. HB 1907, sponsored by State Representative Randy Rinks (D-71), would allow an individual to use deadly force to protect him or herself wherever they have a legal right to be. The bill also provides civil immunity for those who defend themselves from criminal attack.

August 10, 2011 at 9:59 p.m.

I very much agree with FlyingPurpleSheepleEater. I would also take George W. Bush over President Obama now. And I voted for President Obama. For the sake of this country I pray that President Obama is a one term president. He's just not a leader. I thought he would be. I think if we had a strong leader we wouldn't be seeing much of the chaos and anxiety we're seeing in this country and abroad. Americans don't seem to have confidence in him and neither do people in other countries. Somebody needs to challenge him in his party.

August 10, 2011 at 10:33 p.m.
fairmon said...

The bill rushed through before vacation reduces the debt increase by a whopping 21 billion next year and a little over 40 the next. What percent of 3.7 trillion is 21 billion? The debt only goes to over 20 trillion in 10 years or less, whoopee, future generations should be impressed they only owe that much. That should about do it for the U.S. as our congress takes us out in a big spending blaze of glory. At least they will help Obama make history, he may even get another award for spreading U.S. wealth to the world.

Mountainlauerel, How do you conclude social security and medicare are not Ponzi schemes? You take new money coming in from investors and pay those already owning a share. It works until current holders get more than is coming in. That is already the case with medicare at about 40% more going out than coming in. That will be the case with social security in about 20 years according to the budget office and AARP. Medicare is about as much burden on the general fund as one retaliation war and two oil wars.

An average retirement age of 65 and longevity of 85 leaves 20 years to receive SS. Check your employers contributions, calculate how long it takes to get 100% of that back. A heck of a lot less than 20 years. In about 20 years there will only be 3 people working per recipient. Is there a problem pending?

Medicare is a partial welfare program. Allowing the tax cuts to expire will not be enough to pay for the amount claims exceed revenue. Who and how will the remaining gap between claims and revenue be closed? It is about to get much worse. I wonder why so many are seeking and getting waivers from the AHCA which shifts the burden or shared sacrifice to those without waivers?

Please tell me again how one bunch of bought crooks is better than the other bunch of bought crooks. Or, tell me how all the campaign funds are from poor and middle class working people.

August 11, 2011 at 12:42 a.m.
BigRidgePatriot said...

Go ahead and push your head a little deeper into the sand alprova.

August 11, 2011 at 9:16 a.m.
chet123 said...

MYMY...YOU ARE A PROTECTOR OF THE RICH AND GREEDY...THATS WHO YOU ARE....YOU SAID THE DEMOCRATS THE PARTY OF HATE....YEP! THATS RIGHT! WE HATE TRAITORS WHO HAVE MADE OUR DEMOCRACY AN OLIGARHPY...YOU MY FRIEND HAVE BEEN BRAIN WASHED...TOO FAR GONE LOL LOL LOL.....I HAVE SEEN YOUR KIND BEFORE....NOT REALLY A MAN....AND YOU ARE ENTITLE TO BE A BOOT LICKER....THIS IS AMERICA.....I JUST THINK YOU ARE PITIFUL, LOW SELF-ESTEEM LITTLE OLD MAN

August 11, 2011 at 8:02 p.m.
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