Over the weekend there were right-wing protests outside the White House over the closing of war monuments and other national landmarks called the “Million Vets March On The Memorials.” This is particularly ironic given that the closings were a result of the Tea Party faction of the House GOP shutting down the government. Nevertheless, some of the actions and claims made by the protesters were truly odd including the claim by one of the speakers that President Obama “put the Quran down.”
|By: DSWright Monday October 14, 2013 10:03 am|
|By: DSWright Monday October 14, 2013 6:40 am|
As we enter day 14 of the federal government shutdown the Republicans have moved the goal posts from delaying Obamacare to getting a deal on spending and entitlement cuts. The debt ceiling is expected to be breached in a few days (October 17th) which could cause some serious pain in the financial markets if not outright collapse pending on how long it lasted. Current negotiations to end the shutdown and raise the debt ceiling are reported to be including a discussion on ending sequestration and restoring former spending levels to federal programs.
|By: letsgetitdone Sunday October 13, 2013 1:00 pm|
But what happens if the assets are sold to one or more of the regional Fed Banks. These are agents of the Federal Government, but they privately owned.
|By: joe shikspack Friday October 11, 2013 2:00 pm|
Greetings Circus fans! Welcome back to the Circus that, like rust, never sleeps. For the past couple of days the red clowns have separated into rival gang factions to fight out their final strategery. Watching clowns enter into public backbiting and recriminations is always amusing for the audience and the pie has been flying.
|By: DSWright Friday October 11, 2013 10:35 am|
Now in day 11 of the federal government shutdown it appears the House GOP may be ready to end the budget and debt ceiling fight. The deal involves trading a clean CR and clean debt ceiling raise as part of a package that includes cuts in benefit programs.
In other words, letting Obamacare stand but demanding more cuts to entitlement programs including Medicare.
|By: DSWright Friday October 11, 2013 6:36 am|
Yesterday House Republican leaders met with President Obama at the White House to begin discussing a deal on raising the debt ceiling and ending the government shutdown. The initial proposal by Speaker Boehner to grant a six-week extension on US borrowing authority was rejected by Obama. Apparently the ‘Grand Bargain’ is back.
|By: DSWright Thursday October 10, 2013 8:30 am|
The Republicans seem to have finally developed a strategy beyond shutting everything down and hoping the Democrats completely cave. The strategy appears to be to take the debt default off the table, at least momentarily, so they can double down on the shutdown.
|By: DSWright Thursday October 10, 2013 6:40 am|
As we enter day 10 of the government shutdown it seems all is not well on the right regarding the threat of defaulting on America’s debt. Heritage Action, a sister group of the Heritage Foundation, is not lining up behind the crowd within the conservative movement who claim defaulting on the debt is no big deal. Heritage Action’s CEO has bailed on tying a debt ceiling vote to defunding Obamacare.
|By: Phoenix Woman Wednesday October 9, 2013 3:02 pm|
Sorry, Charles and David Koch. Your financial fingerprints are everywhere on this shutdown and default turkey, and no amount of letter writing will wash them away.
|By: DSWright Wednesday October 9, 2013 7:40 am|
As we enter day 9 of the government shutdown it seems the two sides will remain in their starting positions. In a press conference given yesterday President Obama reiterated his unwillingness to negotiate over a continuing resolution to fund the government or the debt ceiling saying those actions are not favors to him but the responsibilities of good governance. The Republicans are not only sticking to their initial demands for concessions in order to fund the government and raise the debt ceiling, but are now actively playing down concerns about default.