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July 27th, 2011
09:35 PM ET

Tea Party says ignore Aug. 2nd deadline

Many Tea Party activists say fears of a debt ceiling armageddon are overblown and urge GOP lawmakers to hold the line.

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Filed under: Brian Todd • Debt • Tea Party
soundoff (5 Responses)
  1. Eileen Nell

    OMG, do you see whats happening in Syria? Regardless of a brutal government crackdown, the demonstrations continue

    December 17, 2011 at 2:01 pm |
  2. Perk

    Team up politicans or you're all fired ! What time and where is the meeting we the people see them all working together in one room ? Boehner Plan,Reid Plan,Gang of 6 Plan and Penny Mack Plan ! Run the numbers by the American Public and let the press into see what you're doing with their money. Pick the best out of every economic plan like a buzzard and the American people aren't getting left the bone . Invoke the 14th Amendment !

    July 30, 2011 at 10:20 pm |
  3. davidmginsberg

    Dear Wolf:

    The Congressman from Wyoming (a Republican), whom you interviewed, said President Obama "should show leadership" by trying to forced Democratic Senators to pass the [Republican] House Bill on the Budget Ceiling and then by signing it himself. I am so disgusted by this intellectual dishonesty by yet another Republican. What he The Republican Congressman really was saying is that the President should capitulate to the Republican House Members who have totally abandoned the wishes of the American public who wanted a balanced budget and instead are [the Republican congressmen] focused only on trying to sabotage the next Presidential election.

    Why does this bill have to create a crisis just before the next presidential election? Because Republicans have learned they can't win an election by running an honest election on the merits. They need to lie or steal an election or create irrelevant and obfuscating drama and issues. Since this President has kept himself free of any sex or other scandal, like so many Republican and Democratic politicians before him, the Republicans need to create a financial crisis just before the election.

    It is not a partisan opinion that (i) George Bush ran the country for 8 years; (ii) under his administration, Bush greatly outspent revenues at an ever accelerating pace such that the budget crisis now facing us was, if not created by Bush, was made far worse by Bush [due, for example, to the costs of the Iraqi war, Bush tax cuts, and lack of regulation of such companies like Enron and the resulting economic catastrophes]; and (iii) the debt ceiling was raised many times during Bush's eight year term.

    It is also not a “partisan opinion” that people are really suffering due to the extremely high costs of gasoline, the still rising costs of health care (both of which were just reported on CNN today), the loss of jobs, and the loss of wealth due to the housing crisis (including the rising foreclosure rates). How can it be argued that the rich should not have their taxes cut but the little money which is going to help the poor in this country should be cut, especially when those poor are growing in numbers and getting even poorer.

    Republicans need to obfuscate the issues, because all Americans, like me, will want to know why, for example, (as I was typing this comment in response to your interview with the one republican congressman) another story came out on CNN about another announcement by Exxon Mobile that their profits again were astronomical They were 10.7 Billion Dollars (this quarter). When is enough enough? The Republicans disingenuously call these ultra-rich the “job creators.” But when and how are they going to create jobs? US Refineries are running at capacity and it will take years to get approvals for and build more refineries. These same oil companies oppose other forms of Green energy. What jobs are they going to create? I hope they aren't asking us to make them even richer so they can create f handful of jobs in third world countries where they will exploit their workers and the USA will get no benefit. The only thing which will come our way (to the US) is the effects of the pollution and global warming since these foreign operations do not face the same environmental regulations they do in the USA.

    Even the taxes these companies supposedly pay on their income is false, since they don't pay taxes on their foreign operations. The only jobs being created are a handful of jobs for already very rich international tax lawyers and international tax accountants. We all want, no demand, to know why Republicans are refusing to repeal the 4 billion dollar tax cut oil companies get (especially since the tax cut was enacted when oil was Ten ($10) Dollars a barrel but it is now One Hundred ($100) Dollars a barrel at the same time) which they obviously no longer need. Personally, I think the President is to soft on Republicans and Republican interest groups. I would not only repeal the tax breaks on oil companies, I will impose a windfall profits tax and give half of the proceeds of that tax to design in the USA, patent in the USA, and manufacture in the USA devices, equipment, machines, etc. to produce (or increase the production or efficiency of the product) of energy from alternative “green” renewable sources. If you read my other blog which I wrote a long time ago, you will see that the costs of continuing to import oil from foreign countries is far worse than the $100 per barrel and includes astronomical economic and non-economic costs (such as National Security costs), environmental costs, etc.

    We all know, as well, that there is a lag effect, and no president, or his administration, can effect change in just a couple years, especially when any attempt at legislative action is thwarted by Republicans who are only concerned about getting elected and re-elected and protecting a few special interest groups, mainly really wealthy businesses like oil companies.

    They really don't even care about their usual special interest groups, like the “moral majority” as through their own personal examples of how they live their own lives, at the state and local levels, and even certain congressman abandon their opposition to gay marriages (and I am glad they did). The problem is they abandon their opposition to such issues not because they really care about these issues, one way or the other, but because they want to capture as many votes as possible, and they recognize that they get more votes, overall, by voting for the “center” on such issues, as the die-hard liberals will never vote for them, and the :”die-hard” conservatives will never vote for a democrat, so the votes they can capture, the so called “centrist” votes, are overwhelmingly in favor of gay marriage. That, and the fact that republicans who are constantly being caught in sex scandals, including “gay sex scandals” and occasionally, inferences of inappropriate behavior towards children and male children (like with the congressional page issue) make them seem like hypocrites (which they are).

    July 28, 2011 at 7:32 pm |
    • Claudia

      Tort Reform would take care of your very issues. Consider the fact that Medicaid goes in the hole 6 bioliln dollars every 3 months and also consider the fact that with the healthcare plan sitting in the Senate this very moment, Medicaid will lose another 40% funding which means no doctor in their right mind will take on Medicaid patients getting on 30 cents on the dollar. Pls note I am also uninsured Kim but want gov't out of my life. It's all about control Kim, not about helping you.

      August 1, 2012 at 8:35 am |
  4. Dan in Albuquerque

    If that happens, it marks the beginning of the end for this extremeist, poorly informed group of people who lthrive on rhetorice-laced policy with little practical chance of getting what they want. I have no doubt that they think they're right, but so do all factions in our screwed up political fiasco. Unfortunately, their decline will be too late for the American economy.

    July 28, 2011 at 3:38 pm |

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