THIS IS HUGE - As of 5:26 PM today. The House vote on Speaker Boehner's plan scheduled for tonight has been postponed indefinitely.

The key words to the above story: "...what the ratings agencies do is often inscrutable, can be arbitrary, and is not immune to outside pressures, as we saw in the wake of the 2008 financial crisis.:
Christine LaGarde.the head of the IMF, spoke this week on BBC & CBC, outlining (actually signalling) what HAS to happen; what it boiled down to is "no more [effing] around." This is almost, repeat, almost, out of the US's hands. The downgrade could happen at any hour, no waiting until next wk. I find it startling and frightening, as I watch the Canadian dollar rise against the US dollar, thur bankrupting many of our manufacturers, and making our inflation rate leap up. We're all noticing that we simply can't afford the groceries we could last week!
I'm learning so much here, and lighting many candles. Once around the beads, too. I love you all; keep up the calls and tweets or whatever way you can to communicate your displeasure to your reps - most of you have been doing that anyway, but don't quit until it's done. I do believe (only my opinion) that there will be a crisis (very very soon), likely caused by S&P, thru creating the reason to evoke the 14th Amenement. Bill Clinton said last week, words to the effect that he'd invoke the Amendment and then just let'em try to fire me. We need more fightin' words against the monster's roaring. Thanks to you all for letting me contribute (being Cdn I don't want to insert myself into your politics, altho I do follow religiously).
Love you all.

Boner, he doesn't have to be effective, just has to use up our tax dollars and take his sweet time about doing it.

They are basically raising Taxes on Middle Class by cutting our Social Security and Medicare (cutting our benefits and giving us less of our money that we put in to the system is same as taxing us), but they are not closing the tax loopholes for the Super Rich and corporations. Big Corporations are not only not paying almost any taxes, they are getting REFUNDS (Corporate Welfare). GE which made Billion of Dollars in 2010 not only did not pay almost any taxes but got $3.5 Billion refund and Obama asked his CEO to help him get rid of regulations to help Corporations more. Oil Companies are receiving $10 billion refunds every year.
After Bush, Obama, Republicans and Democrats give our money to Big Banks, Wall Street and Super Rich and made the greatest transfer of wealth to the top that this country has ever experienced and raised the deficit now they are telling us we do not have any money and they have to cut all our safety nets. Can you believe it cutting tax loopholes and repelling Bush tax cut for super rich is not on table, they are the one that caused all this mass and again politicians with the help of Tea Party and mass media that all owned by big corporations are sticking it to middle class.
The nationwide telephone poll, of 1,580 adults, was conducted on April 5 through 12, 2010. It showed 18% of people consider themselves believers in the Tea Party. But this supposedly Liberal Media which is run by big Corporations gives us the impression that they are in the majority. The Tea Party which was organized by Mass Media specially FOX News (Gleen Beck) and billionaires such as Koch brothers to allow the wealthiest elite and Big Corporations to gain even more power. Tea Party goal also is to destroy our public education, Social Security, and Medicare (socialism) which is Big Corporations and Super Rich’s objective. We are in trouble, our Freedom is in danger.
This is all show, they are after our (Social Security) retirement money. Social Security supposes to have $2.6 Trillion Dollars surplus but politicians (Republicans and Democrats) use the money for other programs than our retirement. Now Obama, Republicans and Tea Party not only are not going to pay Social Security’s money back that they supposedly borrowed throughout the years they are going to cut our Social Security benefit which did not cause the deficit. Where you think these hug cuts will come from. Only Social Security, Medicare and Military budgets have this kind of money. Do you think they will cut military budget or our SS and Medicare which did not caused our deficits and suppose to have surplus?

Maybe it's time for Homeland Security to send in hostage negotiators.

At least he is doing something. The HOuse puts forth several bills, passes Cut, Cap and Balance but still we have nothing from the Senate but noise, nothing from Obummer, in fact his budget was defeated 97-0. We even have an administration whos position is that leadership is not coming up with a plan!! Explains a lot but does not help. Anyhow, Obummer and Reid are sitting on the sidelines whining about how the Republicans have to bring them the correct bill or they will not support it. They are exactly like a bunch of children with their arms folded, scowls on their faces, pouting about how we don't have anything yet. With two of the three groups disfunctional this will never get done.

If any liberals think it's great Boehner's bill won't pass you won't like why. There are Republicans who want deeper cuts. This bill is was good as it's going to get.

Just say no to getting boned by Boehner!

I think it is sadly interesting to know that watching C-span and curling up with a bucket of popcorn may become a new American pastime [Central and South America included]

I'm thinking of a number between 13 and 15...

BREAKING: NO VOTE TONIGHT

House Whip Kevin McCarthy (R-CA) just announced there will be no vote tonight on the Boehner debt bill.
Despite a lot of confident talk from Boehner and his leadership team, it appears they never had the votes.
— David Kurtz

Just announced; NO vote tonight in the HOR!

Good news this! I watched C-span today, both the house and Senate channels and on both I saw good Democrats fighting the good fight and calling out the scum Republicans with facts, links to researched information and stories of the dishonorable actions of the right. I saw Republican thugs lying, interrupting Dems and lying further.

ODD we do not see honest coverage of this on MSNBC, ABC, and CBS,; not so odd FOX SYNDICATE shows only propaganda of the Reich.

Guess Keith can't show clips of the fine speeches from C-span--have not seen them there either.

This has lifted my spirits mightily and I'm a happy Liberal again. As to Obama and Reid-----------same right wing acts as all along their path to infamy!

The Dems I saw today called a spade a spade and all talked of the attacks on Social Security and Medicare from the right.------(-with the sincere help of Obama---who actually mentioned it first as a bargaining point)-------I really do not like the man!

Just raise the debt ceiling already!
One interesting dynamic here is that this Republican House has foresworn earmarks, the type of baubles that come in very handy when it's time for horse-trading. That makes the art of persuasion more difficult for Boehner.
— David Kurtz

Imagine the bender Boehner is going to go on when this is all finished :-) ... there are more than a couple of us that might join him >:-

The senate is going to vote down down anything from the house. So yea! Looking for that one page miracle on Monday!

07.28.2011 — 08:05 PM
ADD ONE TO BOEHNER'S COLUMN

Rep. Michael Burgess (R-TX), who has been considered either undecided or a no vote for Speaker Boehner's debt plan, tells reporters he's now a yes vote.
Does Boehner have the votes now? "Apparently not, or we'd be upstairs voting," Burgess said.
As for Rep. Trent Franks (R-AZ), he told reporters, "I haven't changed my mind about anything ... I'm looking for a restroom, you gonna follow me in?" Franks is considered a "No" vote.
— David Kurtz

Thiis is good news. Maybe our President will not be so excited to cave on Dems core values just to make a deal!!!

Boehner could not get the votes because the tale wag the dog. When the head wag the dog the votes will fall in line. He is a sad specimen of a leader.

Good!

Chuck Todd on Twitter is saying a congressional aide said vote will occur tonight but not before 8 pm

I'm telling you, it has taken Obama and Boehner to appreciate what a magnificent House Speaker Nancy Pelosi was.

If she decided to throw her hat in the presidential ring, I'd be volunteering at her offices 24/7.

Boner's plan couldn't even get the votes of his own party. This is a classic example of "live by the sword, die by the sword." He handed his political fortunes to the Tea Party and now they are having him for lunch. Good.

Boner should sit on himself, then he would have something to cry about.(then again he might like it)

Saturday Night Live Skit:

Boehner Is sitting in a hall way in congress just blubbering away after getting the debt vote through and being relieved its done. Tom Hanks walks up and says..Are you kidding me. There's no crying in congress!

On August 2nd will we see.
1. The President on National Television thanking the congress for getting the job done or
2. Invoking the 14th amendment option calling out the extremist and showing "Boner" to be the idiot he is ?

I bet Boner cries either way. Yes I know I'm misspelling it on purpose.

Who told him he could wear that tinfoil green tie with a blue shirt? Gawd, he looks more like the Grinch everyday.

Oh, and sweeeeeeeeeeeeeeeettttt!

John Boehner went from looking like he might have a little clout and power to being quite the wimp in a 24 hour period!

Thanks for the Post wizardofoz... I will need to check this out when I get home... =)

The boehner bill will lead to a down grade in our national credit rating. OY!

This guy is a piece of work. Them Teabags are clogging all the works. I wonder how long before the people wake up.

Voted up