His name is Grover Norquist – The author of a pledge that over 230 Republican House members, 41 Republican Senators and more than 1,100 state officeholders, from state representatives to governors have signed. The Pledge forces these members to promise…
Tag: debt ceiling
How important is it for America to pay its bills? It is so important, that the United States Constitution demands it. Well former President Bill Clinton is voicing his opinion, and according to what he Joe Conason, he would invoke…
Americans are paying attention. In a new poll conducted by CBS, 71% of Americans are against the way the Republicans are handling the debt ceiling issue, with only 21% giving the Republicans their approval. President Obama and the Democrats received…
He is one of the richest man in America… in the world for that matter, and if the Republicans get their way, Warren Buffett would be the perfect example of the rich in America who will directly benefit from their…
In his weekly address to the nation, President Obama continued his push for a balanced approach to the nation’s debt problem, and called for Republicans to agree to raising revenues along with spending cuts. “The truth is, you can’t solve our deficit…
Republicans have shown time and time again during these negotiations on raising the debt ceiling, that they are willing to allow the good faith and credit of America to be ruined, just to protect the tax loopholes their rich friends…
Republican Senator Lindsey Graham of South Carolina has a message for his Republican friends in Congress. Don’t blame the President or even the Democrats. Don’t blame anyone else for the mess over raising the debt ceiling, blame yourself. “Our problem…
And so it begins. The triple A(Aaa) ratings that America has enjoyed since 1917 was put on notice for a downgrade today by Moody’s Investors Service. Bloomberg reports that Moody’s took this initial move to lower America’s credit ratings over…
In an interview with CBS today, President Obama laid it all on the line and explained the grave seriousness of the political game the Republicans are playing by not allowing the debt ceiling to be raised. The President explained that…
In his weekly address to the nation, President Obama spoke about the looming debt ceiling, and the discussion presently going on between Democrats and Republicans. The President detailed what both sides have already agreed to, saying; “The good news is,…
Section 4 of the 14th Amendment of the United States Constitution says: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or…
If the debt ceiling talks fail, independent voters will see that Democrats were willing to compromise but Republicans were not. If responsible Republicans don’t take control, independents will conclude that Republican fanaticism caused this default. They will conclude that Republicans…