Tag Archive: John Boehner

Boehner Flinches from the Abyss

So for all of the stress, the House GOP leadership (including Paul Ryan), a minority of Republican Congressmen, and a majority of Democrats
passed the tax deal they were offered by the Senate. The Rich (less than 1% of the population) got tagged with a 4.6% increase (horrors!) and caps were placed on deductions, among other meaningless items.

I suppose it is palatable since we have at least gotten the remainder of Bush’s tax cuts … Read more

Boehner Stays on Defense

Rep. Boehner apparently misinterpreted conservative demands that he toughen it out on fiscal cliff negotiations.  He came out with a very short press release this morning and did nothing more than tell Obama to take  or leave the GOP’s plan or come up with his own.

I disagree with this approach (yeah, I rarely cut Boehner any slack).  It’s not the President’s job to propose this, it’s Congress’s and specifically the House of Representatives.  Boehner … Read more

Hey Mr DJ: Brass Balls Edition

The GOP is in disarray!  Congressional Republicans are wavering on taxes as Speaker John Boehner’s eyes well up with tears at the sight of the oncoming fiscal cliff.

What happened?  Obama found his backbone with nothing left to lose now that he has four more years to party it up.  The polls favor his tax increases on the rich and he knows that his media allies will assure that the GOP takes the blame for … Read more

The Right Wing Meltdown: Knock It Off

It’s been downright painful watching conservatives come to grips with the reality that Obama was re-elected. A couple of my favorite sites are about ready to go all Jonestown about it and I haven’t bothered to give them more than a cursory glance for the past week.

Everywhere it’s “Why, why, why?” and “We have to change everything we believe!” and “We just had bad luck, it means nothing, nothing I tell you!” and even … Read more

Ceiling Obama’s Fate

I don’t like Speaker Boehner or trust him.  Which just means I have a lot in common with your average conservative Republican congressman (that and skinny-dipping).  It bothers me that this is effectively the most powerful Republican in the federal government.  He’s going to compromise our best strengths away and we’re going to get screwed.   But I really have no idea what else the GOP in the House should do.

We’re talking about Obama’s legacy … Read more

Budget Flop

Democrats and liberals are crowing because John Boeher’s budget proposal failed to pass the House when 40 Republicans backed out, wanting bigger spending cuts. Supposedly, this demonstrates how radical the GOP is and how Boeher has lost control.

Maybe. But consider this:

GOP lawmakers and aides – including Appropriations Chair Hal Rogers (R-Ky.) – blamed Democrats for defeating the bill. Democrats, including Appropriations Ranking Democrat Norm Dicks, said they’d support the bill, but reversed course

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Why The Debt Ceiling Deal Was A Total Cave By Boehner et al

Because it didn’t limit the debt ceiling at all, that’s why. It simply put in place a nearly automatic raising of the ceiling as long as Republicans couldn’t overcome an Obama veto. Come Monday, 9/12/11, another $500 BILLION will be added to the ceiling, and all Boehner et al did was provide themselves political cover for that predetermined increase on that predetermined date. If there’s still any Boehner and Super Committee apologists out there, explain … Read more

Dumping Tea

One of the best pieces of advice that I learned and adhere to over the years about investing is this ,”Don’t fall in love with any stock, it’s business, remember that”. No matter how attractive the stock looks now, a regular application of due diligence is essential where you evaluate not only it’s balance sheet and quarterly statements, but you continually ask yourself why this deserves to be in your portfolio. Lesson number two, apply … Read more

In Your Court, Harry

The Boehner bill barely passed the House. It’s now up to Harry Reid to pass his plan. Then, hopefully, a reconciliation bill will move us forward.

Ignore the media hype about “slashing” spending. This is only binding on … well, never.

Update: The Boehner bill went down in the Senate. That was fast. Now Reid wants a vote on his bill by the GOP is going to filibuster. You can probably guess my reaction … Read more

Playing games and holding us hostage

I am getting real tired of the left’s usual tactic of threatening to, or actually go through with their threats, to cut critical services first whenever budget battles come up. Here in my state of Connecticut, our new democrat governor, in order to pretend he is asking everyone to “share equally in the financial burden”, caused by our legislators – which have been dominated by the left for many decades, with all the usual consequences … Read more