Can I Please.....

[buoy37]

...get through today without hearing that Barack Obama cut his Hawaiian vacation short?

[lurefisher]

Can I Please.....

Yeh it's old huh !

[Curmudgeon]

Can I Please.....

Same thing about congress. Who cares? If they'd fixed it the first time it would already be done!

[dbarham]

Re: Can I Please.....

Obama sux!!!

[Gulfcoast13]

Obama sux!!!

Yup.

[H.Maier]

Over the cliff, I'm lovin' it.

[Robalo]

Over the cliff, I'm lovin' it.

Why? Taxes already increased 9.3% on 1/1/13. Obama like all the BS he does is playing politics and could care less about the economy-he has done almost nothing for it since elected, so WhyTF should he give a damn now except Politics and farge the Citizens-it's all for Obama and no one else.

[H.Maier]

Why? Taxes already increased 9.3% on 1/1/13. Obama like all the BS he does is playing politics and could care less about the economy-he has done almost nothing for it since elected, so WhyTF should he give a damn now except Politics and farge the Citizens-it's all for Obama and no one else.

Jerry, do you really think 40 or so members out of 535 should run OUR government. You know who I'm talking about. Good tonic for somebodies azz.

[Robalo]

Harvey; Seems like 5 run the government now-Pelosi, Reid, Obama, Boehner and McConnell. Excluding the POTUS' fine-azz Cabinet Members.

[Robalo]

From Rep. John Culberson:

Dear Friend,
Now is the time for action. If we go over the cliff we will be left with the knowledge that it could have been prevented with a vote in the Senate.

House conservatives have already passed two bills which collectively would avert the fiscal cliff.

1. "The Job Protection and Recession Prevention Act” would extend all current tax rates and prevent the pending tax increases from hitting middle class families and small businesses on January 1. With my support, this bipartisan bill passed the House by a vote of 256-171.

2. The “Sequester Replacement Reconciliation Act” would cut spending and replace the pending across-the-board spending cuts known as sequestration with responsible cuts that target duplicative government programs as well as wasteful federal spending. With my support, this bill passed the House by a vote of 218-199.
Together, the “Sequester Replacement Reconciliation Act” and “The Job Protection and Recession Prevention Act” would keep us from falling off the fiscal cliff on January 1. With bipartisan support, these bills have already passed the House of Representatives and should be acted upon by the Democrat-controlled Senate and by President Obama. The House-passed bills contain reasonable, responsible spending cuts that will not gut our defense spending, and they would make the “Bush era tax cuts” permanent for all Americans.

There is still time to prevent us from going over the cliff. My hope is that Senate Democrats and President Obama will put American families ahead of political gain and either pass the House bills or propose a plan that can pass both the House and the Senate.

We need long-term responsible spending cuts, not tax increases. America has a spending problem, and we are living on borrowed money. The numbers are staggering. In a few years, we will be spending more on just the interest on the national debt than we will spend on our ENTIRE national defense budget.

Snapshot of the Government’s Financial Position
Total Annual Income $2.435 trillion
“Explicit” Liabilities
Publicly Held Debt – When the government’s spending exceeds its revenue, it must borrow to finance the difference. Thus, debt held by the public essentially represents the amount the federal government has borrowed to finance cash deficits. $10.2 trillion (NOTE: nearly half of this debt is owned by foreign interests)
Intergovernmental Debt – Is money the U.S. government has loaned itself from one part of the budget to another. An example of intergovernmental debt is transfers from the general fund to Social Security. $6 trillion
TOTAL NATIONAL DEBT $16.2 trillion (This includes publicly held debt PLUS intergovernmental debt.)
“Implicit” Liabilities
Fiscal Liabilities – Includes fiscal obligations such as federal employee retirement and veterans benefits.
Accounts payable $63.4 billion
Federal employee and veteran benefits payable $5.8 trillion
Environmental and disposal liabilities $324.1 billion
Benefits due and payable $171 billion
Insurance and guarantee program liabilities $161.7 billion
Loan guarantee liabilities $63 billion
Liabilities to Government-Sponsored Entities $316.2 billion
Other liabilities $427 billion
TOTAL FISCAL LIABILITIES $7.319 trillion
Unfunded obligations for current Social Security participants $18.8 trillion
Unfunded obligations for current Medicare participants $24.4 trillion
BOTTOM LINE $64.28 trillion shortfall (When you add the implicit liabilities together with the national debt and subtract the value of federal assets, the federal government has about $64.28 trillion in debts, liabilities, and Social Security/Medicare obligations.)

[Sisco Kid]

WOW