Late Edition: DiFi Educates Hutchinson On The Bush/McCain Tax Disaster
By Logan Murphy Saturday Jun 07, 2008 3:30pm
This morning on Late Edition, Sen. Dianne Feinstein (D-CA), and Kay Bailey Hutchinson (R-TX) debate the issue of taxes, and Republican presumptive presidential nominee John McCain's attacks on Barack Obama's tax platform. Hutchinson's feckless attempts to promote the status quo are quickly drowned out, as DiFi lays out the reality of the disaster the Bush/McCain tax policies have created for our economy.
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McCain says Obama would spend more money on social programs which he claims would hurt our economy, but Feinstein quickly debunks that notion and points out that he has supported the President's Iraq debacle, which has not been paid for and has been wholly funded off budget -- and has lead to a bloated national deficit and skyrocketing interest on that debt that has to be paid for somehow.
Feinstein:"...So I think, in terms of tax policy, this constant cut, cut, cut, no matter what the debt, no matter what the deficit, just puts this nation in jeopardy in terms of its future."
There was a strange moment at the end of the segment where DiFi and Hutchinson give each other one of those terrorist fist jabs. (pictured above, right) Now, I'm all for ending the partisan bickering in Washington D.C., but this was a rather odd moment. WTF?
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Terrorist fist jab? At least they didn't kiss.
Unity pound dawg.
Geez.
I saw this earlier. Kay is so out of tune with average Americans. "We need nuclear energy." Jesus, We are behind twenty years of technology because of oil and energy sycophants like this woman. As for taxes. TAX the rich please! Many rich people own homes all over the world! It's the middle class like us who keep this country afloat. Kay, do us a favor a retire. I'm sure you have plenty of money!
DF was not strong enough on this. Message should be simple and clear. Tax cuts for the rich are not fair. Corporate welfare is not fair. The bottom 95% carrying the top 5%'s financial burden is not fair. The Republican's elitist tax policies are not fair.
"Stating "I don't think" is not strong enough.
Is TFJ (Terrorist Fist Jab) going to become part of the American lexicon now? I hope so. Maybe I'll go buy the domain name (if it's not already taken).
McCain - NOPE t-shirts and stickers now available.
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Fist jab here equals, "Well, that was a fun debate. See you at the trough in the Senate."
Sorry, but I can't believe DiFi really gives a good goddamn at this point. Hutchinson has to sort of, or face retribution from the masters who hold the dog chain.
Red Alert, Red Alert! Terrorist Fist Jab! Call Homeland Security!!
I sort of got the feeling they didn't want that fist deal shown on tv. The evidently did it once when the camera wasn't on them and for whatever reason, Wolf got them to do it again when the camera was on them.
Were those the best two they could find to talk about this subject? Kay Bailey is a total water carrier for the administration. In her weak little defense of McCain, she mentions something to the effect, so we can continue to live free. Who the fu*k is threatening our freedoms except bush himself?
Chris Matthews was talking about the fist thing on his show today. Who the fu*k gives a damn about it? Fox wants to make it a terrorist signal and Chris wants to analyze it. Have they never seen this done before?
Whitest terrorism fist jab eva.
BeeSting @ 6:
Clearly a signal to those darn terrorist that America is weak!
There is no easy way out of this mess. It's time for CHANGE, but the slogan Change You Can Believe In is going to also come in the form of Bills in the mailbox.
The positive side is things that are truly worthwhile in life are never easily attained.
K.B.H. - Jesus H. Christ. Like so many republicans, she thinks; If you just think it hard enough it will come true! Just like a sermon, or a pep rally, or if I keep playing the lotto I will become a millionaire or I'm going on American Idol because I can sing like a star!
smitht @ 12:
"But neverless, we shall continue to speak for the poor and disadvantaged, and talk to them about all the marvelous things they could do if they were already rich."
That was actually pretty awesome. Kudos where kudos is due, and Hutchinson deserves the props she received for placing the typical party lines aside and considering a viewpoint based solely on her personal experiences and general knowledge. She may be ostracized for this by other Republicans, but so long as there are honest 'mavericks' out there, the U.S. has a shot of getting back on track.
While we're on the topic of Sunday Morning talking heads....did anyone catch Tim Russert (in reference to McCain wanting to go cross-America with Obama) ...saying...." like Goldwater wanted Kennedy to do in '68....well up until the assassination....," Now, I dunno gang but just recently Hilary got tarred n' feathered for that same reference towards RFK's assassination.......
Was Russert saying...beware of the same thing happening?
I guess it's cool now that Clinton is out and your man is in.....dumping on Russert has nothing to gain.
What needs to be pointed out here is that a tax has been enacted and is being paid by Americans on account of the deficits created by the borrow and spend Republicans. It's the inflation tax, and is caused by the recognition that the government essentially is going to have to print money to pay the debt, causing currency devaluation. There is no free lunch.
It really hits related issues. One is negotiation with Iran. Talk is cheap and war is expensive. And talking is one thing, agreeing is another. There should be a relatively low bar to talking. But the fiscally irresponsible Republicans, the neocons anyhow, would gladly commence another $500B war without exhausting all steps to avoid it first.
We had it made under Clinton, with budget surpluses forecast as far as the eye could see, and the American people threw it all away by voting for borrow and spend, which seems to match their personal lives. Now there's too much debt everywhere, home loans under water, auto loan under water, and huge credit card debt. And with tight credit, we have a federal government competing with private individuals and companies for funding. I don't give Obama much chance of fixing all the damage, but if one is driving off a cliff, the first step to avoid that is applying the brakes, which in this case means electing Obama, and a Congress that won't gridlock change. If we don't get both, then I see a repeat of the 1970s with stagflation, with one big difference, instead of the baby boomers entering the job market, they'll be entering retirement.
In this Point/CounterPoint, each could've used SNL the line, You ignorant slut.
most forced fist pound ever
I'm tired of the argument, when you tax the wealthy and corporations the average Joe pays more. Excuse me? Bush and Co gave big business everything they wanted and we are paying the price. What do you want to bet by the end of July gas will be $5 a gallon. Gotta love Bush's fiscal policy! Devastation for the middleclass.
Is there a reason my posts are suddenly not going through today? Mod(s)? Tell me and I will correct if there's a problem.
[It's on our end. We have an assiduous spam filter. I think I've fixed it for you-Sitemonitor]
reminds me of the oprah soccer moms flashing gang signs when they realize they're on camera.
feinstein is an entrenched member of the military inustrial mediatainment big pharma insurance complex and needs to be run out of town on a rail with pelosi and reid.
i wish i could move to cali and make it my life's work to unseat feinstein and pelosi.
P.D. @ 19:
It's bullshit because Bill Clinton made the wealthy pay their fair share during his eight years. The result was the best economy ever, transformed Republican half trillion dollar deficits to Clinton half trillion dollar surpluses, lowest unemployment in decades: black, white, everyone; 22.7 million new jobs - not a fluke either: 92 campaign was: "It's the economy, stupid!". Like it or not The Clintons delivered big time. Of course both right and left elites hated his guts for it.
That terrorist fist jab might have been even more impressive if they'd suddenly pulled out white-and-black scarves autographed by Arafat and donned them.
You folks who love taxes so much, you are logically consistent in what you do, I assume? You are regularly sending the government extra money over and above what it tells you that you must pay, so that it can do more and better things for you, right?
I am retired and have been out of stocks since 2000 and stll am making money, I just do not have to share it with a broker
Dianne Feinstein:
STFU.
Feinstein working for us for a change, never thought that would happen.
Kyle @ 28:
when is her next election cycle?
WTF???!!!!!!!!!!!!!!!!!!!!!!!!
FEINSTEIN and the rest of the criminal crew known as CONGRESS knew EXACTLY how this was was going
to go down. NOW, AFTER SEVERAL TRILLION DOLLARS, she's decided its ok to call them out on it??!!!!
Just unbelievable.
Kyle @ 28:
She's playing from the same scorecarrd as the party's standardbearer, Obama. When he gets elected/fails to get elected, she will have choices to make.
Mike @ 24:
If taxes are fair, equal and fair taxation everyone benefits. If Government does not practice Fiscal Responsibility everyone except the upper classes takes the shaft.
I would like one person to show me how the Bush Cabal has practiced blanket fiscal responsibility that the entire country benefits from during this past 8 years.
growth in wages has decreased and personal overhead has increased.......people felt financially empowered during clinton yrs. they took it all back....they don't like educated/financially stable middle class a threat to them
When we had a good economy and a budget surplus after the Clinton presidency, Republicans said millionaires should get tax cuts so they could share the benefits (as if they weren't already). Then when the economy started tanking and the surplus was blown, Republicans said millionaires should get tax cuts to help stimulate the economy (as if trickle down economics were real). So basically no matter what the economic state of the country, Republicans support tax cuts for the rich. Why does so much of middle America continue to fall for these clowns?
Well Ive only been around long enough to actually know. You libs always contribute our economy to the president. CONGRESS writes legislation.
Ive noticed when things are good when we have a republican congress. (Clinton got credit) and when they are bad it is a democrat congress. (Bushes fault) GO FIGURE.
Teddy Phuf @ 4:
Exactly!
America has two parties, a right wing party and an ultra right wing party.
They pretend to be different. The Corporate Media pretends to tell us about it.
The Ultra Right wing calls the Right wing tax and spend Liberals. The Right wing almost comes out and calls the Ultra Right wing borrow and spend Conservatives.
The irony abounds.
Both parties authorize and fund the vast Military Industrial (Corporate Media) Complex, both parties authorize Corporate socialism.
Go along to get along.
The Democrats may reverse Bush's tax cuts on the top tiers and that is proper, but the 35% today is a vast difference from the 91% when Eisenhower left office. Clinton was 39.6%.
Two parties, not nearly enough difference.
Balakirev @ 25:
And of course... sip o' coffee, bite o'donut...
gwen @ 35:
early bush term house/senate full gop millionaires and the growth of k-street lobbyists..we didn't have a chance.....but now it's our turn
Most colleges have money tide up in private prison so between not going to college and or being caught up in a drug sting your chances are better then 50% you will be working as a slave either in jail or paying for college.
Meat @ 15:
Where did KBH deviate from the GOP party line? She's a hack, even if she isn't ranting and raving about "tax and spend liberals" like most Republicans they book on these shows. Sure she sounds reasonable by saying McCain wants to keep middle class tax cuts--but he, and she, also want to keep 'em for the folks making over 200k--probably more so for the big money makers so they'll fund her likely run for TX governor.
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Can someone please, PLEASE inform Senator DiFi that Constitutionally it is NOT the Administrations duty to fund ANY war. That responsibility falls on Senator DiFi's shoulders, which she has been doing at each spending bill vote, albeit in an irresponsible manner by passing the debt to her, yours and OUR grandchildren's children!
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mclaughlin just called harding a "negro" on his show today.
marko @ 23:
I think you would be better served to avocate for public funding of elections, because when it takes thousands of $$$ to get elected, you are always going to get exactly what you complaining about. IMHO
Who came up the the WPL? (Women Politician Look)
Do all women politicians use the same Pantsuit / two piece designer? HRC,Feinstein,Hutchinson,- hell all of them look and dress the same
With all the money they make and steal, you'd think they could dress better. - Even if they have to dress american, there's
There's a few good American designers.
And who is the celebrity hairdressers that gives them all the same hair cut/style.
Are women politicians not allowed to have hair below the shoulders?
The look is very Stepford wives to me.
Just curious...
Mike @ 26:
What makes you think paying taxes over and above what you owe is consistent with the advocacy of a fair tax system? In fact, it is the opposite because it unduly places the burden on only those who would volunteer to do so.
The question is, are you consistent in you denunciation of taxes? Would you like to see police and fire services reduced? Are you against public schools and libraries? Do you favor more bridge collapses like the one in Minnesota? Are you aware that for every for every million dollars in public works and infrastructure spending that is cut, 11,000 Americans lose their jobs?
Now, van you contribute something substantive to this discussion or just pre-approved Limbaugh talking points?
Bitter Bud Hussein likes Terrorist Fist Jabs!
Balakirev @ 25:
"I've said it before and I'll say it again, unless you prove me wrong, your just a Fascist."
This aging Breck Girl, Aqua-Net bimbo, is talking about running for governor of Texas.
After so many years of Rick Perry, I'd like to see a governor with hair that moves.
30 CoIntelPro for Pronktastic Democratic Party Victory Says: Kyle @ 28:
Feinstein working for us for a change, never thought that would happen.
when is her next election cycle?
Sooner than her menstrual?
That's gotta be a distant memory.
DiFi is just GOP LITE... she and husband are wealthy beyond belief--- they have NO concept of the average person.
FIST JAB ? This is only because, as they are not wearing PantSuits, nobody can see that they have grown balls... it is all about the PENIS... as DiFi has often said.... The PENIS mightier than the sword.
The GOP as usual wants things to "remain the same"--- this is a common cowardly cry of those who have become wealthy through illegal and immoral fashion. Grab america from the Indians... then scream TIME-OUT LET'S ALL BE FRIENDS. Same with oil... same with GITMO... we hurt you but become very moral when you come back for YOURS.
SLAVERY.... we loved it when it made us wealthy.... and yet Apartheid was WRONG because "we don't do it".... it should read "we don't do it any more"
The SADDEST part of all this is the idiots who vote GOP "AS-IF" they had money... they get drawn in on wedge issues... and in order to either HOLD A GUN.... prevent GAY marriage... etc.... sell their entire vote to a party who has bankrupted the country.
A 4 minute segment is now considered a discussion? People that were watching—especially ones that do not understand economics—did not take away anything meaningful from that discussion. It was riddled with talking points; at least Perot had legitimate points and graphs. Whenever a celebrity does something CNN spends the entire day covering it, but when something important is being discussed, such as our tax policy, it is always cut way too short.
Death Star @ 40:
las vegas clark county has the lowest high school graduation rate approx. 45% this place is a slave and criminal factory...the people that don't want pay taces having justifying..i moved here from a heavy tax state i see the difference my auto and health ins. increased why people using the services but not paying it's often said illegal immigrants that have been embraced by large corporations..so we get taxed more than one thinks..sorry alittle off tracked...fumes
gwen @ 35:
Not the people who had hoped we could return to that had Hillary been elected!
ysbaddaden @ 50:
Classy.
Just out of curiosity, who'd you vote for? Clinton or Obama?
And Yet... @ 21:
Went away for awhile there. Thanks, SiteMod.
WTF?!?!?!?!
The beard calls two dignified female Senators "guys"?
WTF?!?!?!?!
Is my own Sen. Feinstein finding her voice?!!!
goodgirlroxie @ 58:
Hey, look at it this way. You've got Feinstein. I've got LIEberman.
:(
President’s Iraq debacle, which has not been paid for and has been wholly funded off budget — and has lead to a bloated national deficit and skyrocketing interest on that debt that has to be paid for somehow.
I'm sorry, but statements like those above are inaccurate.
1. The Iraq war spending is not off budget. It is included in all deficit numbers reported by the Office of Management and Budget.
2. The 2007 "off budget" (all federal government purchases and transfer payments, excluding Social Security SURPLUSES and Medicare) deficit is $343 Billion give or take a few hundred million.
3. Total interest on the national debt (the amount the Federal goverment borrows when government purchases and transfer payments exceed tax revenues) in FY 2006 was $430 Billion.
4. Interest on the national debt is classified as a transfer payment, is part of total government "off budget" spending and is paid by borrowing or by tax revenues.
Jeffrey Stewart @ 60:
Excuse me, my parsing friend, but the war has been paid continuously with "emergency" "supplementals" and HAS NOT been paid within the ordinary and already prohibitively gigantic Defense budget (or offense, in this case).
O'Really @ 36:
I think you're leaving out a few specifics here. It was Bush and Greenspan who trashed the budget surpluses and created the deficits. Without that impetus, the federal deficits would have never ballooned. And it was Bush who fired treasury Secretary O'Neil, who was a fiscal conservative because of O'Neil's opposition to borrow and spend economics. We've had a few years now spending the money we mortgaged our children's future with, and the money is now spent, and the bill is due. Jesus hasn't returned and miracled away the national debt. There is no free lunch. Seems to me the economy of the future is going to be straddled with the bills racked up under the Bush administration, largely bills to pay for being the world's policeman.
Now, I'm not saying the Democrats are fantastic, but they are the lesser of two evils - no doubt at all.
55 FBush Says: ysbaddaden @ 50:
30 CoIntelPro for Pronktastic Democratic Party Victory Says: Kyle @ 28:
Feinstein working for us for a change, never thought that would happen.
when is her next election cycle?
Sooner than her menstrual?
That’s gotta be a distant memory.
Classy.
Just out of curiosity, who’d you vote for? Clinton or Obama?
Hillary.
Her name is Hutchison not Hutchinson...she is dreadful either way, but just FYI.
ysbaddaden @ 63:
I thought Hillary was the liar?
What makes ANYONE think OTHER NATIONS want to pay for YOUR "war on terrorism"?
Not one dime!!!!
How dare they perform a terrorist fist pump! Just another two terrorists to add to the list.
Just dare to make a joke about Obama
And everybody will start yelling racist
Including Grand Dragons.
this proves that both sides are working together against the common man. they go on these shows and bicker against each other and really it just works to prevent any real debate and real problem-solving of the issues.
why do so many people have a problem with the concept of balancing a checkbook?
We don't have any money left in the account, taxes are going to have to be raised, period. i know many think my kids ( all kids ) should have to pay for all of the mistakes that have been made over the years but i dont. we made the mess, its our responsibility fix it.
Well, well. So most of old coots like myself dabble in the
stock market. Right & btw I'm the new king of Rhode Island.
Logan, Hutchinson was unmoved.
Please please please dont imply that it is even possible to influence any of these people with reason. Why? They really dont understand reason - in their bones - they do not.
What comes out of Hutchinsons mouth is rhetoric. She honestly doesnt know or understand that it isnt reason. People like here are psychologically composed in such as way that winning - social darwinism - is their only and inevitable behavior. Rhetoric == win == good. Reason rings of defeat in their ears.
Given that the Hutchinson's of this country are functionally incapable of collaboration toward and end not theirs - they self serving monsters. Monsters because of the consequences of their actions towards others.
Dont accuse their filibusters for example of being bad. They are about win and therefor can be nothing but good in their eyes.
George Will in his latest book claims that Democrats destroy Freedom while Republicans protect Freedom - this in the face of the literal shredding of the constitution by the Republican party. Rhetoric - not reason. Its about win.
Remember the laws (regulation) that existed to protect the public and the public's interests from predators - and have been eliminated because of lamentations from the right?
The right are the predators regulation was intended to restrain.
They need to be publicly recognized as the predators they are and they must be stopped it the nation is to survive.
It will not make much difference who is elected as president or if we raise or lower taxes if America, as a subprime nation, does not stop living on borrowed money.
If Obama or McCain (assuming he has a chance in hell) doesn't get this point and start addressing it, the next president will likely be a one term president.
In 2005, U.S. interest payments on foreign debt topped the $100 billion mark
for the first time – coming in at $114 billion dollars. That breaks down to $310
million per day, according to Joseph Quinlan, Bank of America’s chief
market strategist. This equates to more than $1 per day for every man,
woman, and child in America. Not only is America addicted to foreign oil,
America is addicted to foreign capital. This is not healthy, wealthy, or wise.
Add to that $50 trillion in looming entitlements the GAO has already stated is not sustainable. Some very tough unpopular choices are on the near horizon.
left of center @ 70:
They are social darwinists, they are NOT civil. They see the world as a jungle in which to hunt. Why would they want to help you when in fact they are trying to eat you? Why would they want to help you up when it was them that knocked you down?
They are not like you, except confused? They are very unlike you and are dangerous.
Your children not having schools? Not their problem. They have private schools, their children (as leaders) have that need.
Children paying? Not their problem. Them paying for anything is.
Timb @ 10:
Yep. They almost missed.
majicman @ 16:
Kennedy was assassinated on November 22, 1963. Goldwater was referring to the 1964 election.
Hey, Mr. Ace Washington Bureau Chief, how come some of us out here know our history, and you, who is getting millions to know your history, don't?
@72 which read ...
Given that the Hutchinson’s of this country are functionally incapable of collaboration toward and end not theirs - they self serving monsters. Monsters because of the consequences of their actions towards others.
Dont accuse their filibusters for example of being bad. They are about win and therefor can be nothing but good in their eyes.
should have read ..
Given that the Hutchinson’s of this country are functionally incapable of collaboration toward any end not theirs - they are self serving monsters. Monsters because of the consequences of their actions towards others.
Dont accuse their filibusters for example of being bad. They are about win and therefor filibusters can be nothing but good in their eyes.
Kay Hutchinson is such a Bush tool, it's almost comical watching her on all these talk shows. She must have won McCain's old position as being ready to appear on any Sunday talk show at a moments notice! Instead of that knuckle jab, Hutchinson seriously needs the V8 Juice, top of the head knock! It wouldn't hurt her, I guarantee her head is comlpletely vacant!
Hutchinson marched in lockstep with every single item in the implementation of Bush's dictatorship. She IS a monster. From the crematoria at Abu Ghraib where people were burned to death, on down. Heil mein frauenfuhrer.
DiFi? Really?
Someone needs to educate DiFi about how to vote. Hint: it's not giving Bushco everything they ever ask for.
DiFi
I dont know what I dislike more, the acronym or the senator.
Republicans never want to raise taxes on the rich, when the economy is doing well you can't because it will make the economy go bad and when it's bad you can't raise taxes because it's bad. Its a joke. By the way Feinstein is really bad on the capital gains taxes. Capital gains should be at least 35% not 20%. Remember Buffet saying his secretary pays a bigger percentage than he does? Most who own stock in this country own them through 401ks and mutual funds they don't own stocks directly and buy and sell them individually. By the way I knew we would have a huge defecit from Bush's tax cuts to the rich because I know history and remember how Reagans did the same thing. Trickle down economics is a joke played on the non rich.
Hutch: "our economy is so fragile" so we cant possibly raise taxes.
Maybe she should realize how we got in this mess. Not paying for anything is about the worst stewardship possible of the economy. It is extremely rude to do to our children and is outright dangerous wrong and criminal IMO. Republicans blindly think no one paying any taxes is the best possible thing for the economy. If so, why not give everyone a million dollar tax rebate? Why have taxes at all? We can certainly borrow endlessly in the eyes of the GOP. Its like musical chairs, they all think they will not pay taxes when its time to pony up for the war and the other hundreds of trillions we have in fiscal responsibilities.
I assume republicans they think our federal government will be a get out of jail free card on bankrupting our country, like a citizen can. It is not far away. I hope the foreign countries are nice to us when it happens.
The fist jab was awesome.
75 Captain Bitter Elitist Husein Kangaroo Says: Timb @ 10:
Whitest terrorism fist jab eva.
Yep. They almost missed.
They were feeling each other up.
Somebody tell DiFi to just shut the f*ck up already. She goes on the Sunday bobblehead shows to push the idea that Obama "needs" the Clinton supporters. Well, yeah, no shit. Obama needs everyone's support. Here's the link to the article I'm referring to:
http://tinyurl.com/5thham
I'd like to know precisel how Obama's ideas about how best to repair the damage wreaked by 8 years of GOP misrule are so vastly different from Hillary's that Hillary "supporters" need "reassurance". Is this how it's gonna be? Clintonistas running around the country telling everybody who'll listen that Obama needs them or, for whatever reason, owes them something.
Can't we just push Texas across the border into Mexico?
Forget fist jamming
Why don't they do a boosh and cadet
Chest slam?
Yo, yo, DiFi, Bus' a rock wid a playah, a'ight?
Please, I know this is off topic, but her name is Dianne Feinstein. Not DiFi. Seriously you must have the time to spell out her name.
None the less, she rocks.
MarcyJ @ 90:
MarcyJ: Sorry, that dog won't hunt anymore.
As a resident of Calif, DiFi Has got to go. She's ALMOST as bad as Lieberman.almost.pretty damn close.
BlueKnuckle @ 61:
I recommend you check with the Center on Budget and Policy Priorities. It is irrelevant how the war is funded. Spending on it shows up in the receipts, outlays and deficit, surplus numbers calculated by OMB.
BlueKnuckle @ 61:
If I wasn't sure, then I wouldn't have bothered posting.
All I can think of when I see DiFi is I cannot wait until she retires.
Mike @ 26:
Deficit spending IS taxation. Deferred taxes, to be paid by your children and their children. And until the debt is paid off, the government must pay interest on the debt - which effectively adds to the taxes you pay, as part of each dollar the government takes in is diverted away from capital and program spending.
If debt is not paid down, it results in higher inflation, which devalues the currency over time. Which has the same effect as higher taxes.
Before George Bush 41 signed on as Reagan's VP, he accurately called this shell game "voodoo economics".
Jeffrey Stewart @ 92:
Taxpayers will continue to underwrite the cost of the Iraq folly for a long time no matter what form of voodoo accounting you use. It is an IOU to the future, and future generations. Paid for my ass.
And wasn't it Paul Wolfowitz that said the war would pay for itself? What happened there, genius?
Feinstein and Hutchison are good friends, have been for years. You know, it used to be like that for lots of pols before the GOP started their scorched earth policies. Di and Kay are both women--DiFi irks me, she is terribly conservative, but she has the wherewithall to shoot 'em down, too (a la the Gonzo hearings). I do hope she retires, though, and a smart progressive takes her place.
That's not a terrorist fist jab... that is "pound dog". Geesh... even an old woman like me can recognize that hand signal.
Taxpayers will continue to underwrite the cost of the Iraq folly for a long time no matter what form of voodoo accounting you use. It is an IOU to the future, and future generations. Paid for my ass.
And wasn’t it Paul Wolfowitz that said the war would pay for itself? What happened there, genius?
Dear Goober,
That isn't my accounting. That is the way the government accounting works. It is important in any debate to have the facts straight. That is the point and a pinhead like you should be able to get it! Got it?
What did I write that led you to believe I was defending the Dinkledorf administration there Mr. Gabba Gabba Hey?
Toes @ 76:
Which part of "68" didn't you understand. Or maybe you just didn't know there were 2 Kennedy's assassinated.
O'Really @ 36:
You're wrong, no matter how long you've "been around." We've had a Republican congress for the first 6 years of Shrub's coup. How'd that work out for you? Stock market down, unemployment up, gas prices through the roof. By the way it's "Democratic", not democrat, unless you want to sound like a parrot...never mind.
And the word you want in the second sentence is "attribute", not contribute. Thanks for showing up, though.
VegasRage @ 73:
I've been thinking like this for several years. That it doesn't really matter who gets elected in terms of the economy. The neocons and corporate shills have so thoroughly sabatoged the system (particularly the traditional entitlement programs and social programs, which they intended to do, but the damage has even extended into breaking the military and our nation's infrastructure) that no amount of taxes are going fix everything in the short term. Hard choices will need to be made, and the selfish ones are going to be whining as usual "Leave me alone! Leave me alone!"
Until, of course, they need the government's help for the next major natural disaster.
Then it will be "waaaaa, why can't our government do mooore!"
Joe Tseng @ 102:
Right you are, social security is an off budget item, try and do that in the private sector and not go to jail, the government doesn't have to follow it's own rules.
A Critical Challenge Facing Our Nation GAO-07-362SP, January 31, 2007”
http://www.gao.gov/fiscalstewardship.html
Fiscal Stewardship GAO-07-362SP
The federal government’s financial condition and fiscal outlook are worse than many may understand. Despite an increase in revenues in fiscal year 2006 of about $255 billion, the federal government reported that its costs exceeded its revenues by $450 billion (i.e., net operating cost) and that its cash outlays exceeded its cash receipts by $248 billion (i.e., unified budget deficit). Further, as of September 30, 2006, the U.S. government reported that it owed (i.e., liabilities) more than it owned (i.e., assets) by almost $9 trillion. In addition, the present value1 of the federal government’s major reported long-term “fiscal exposures”—liabilities (e.g., debt), contingencies (e.g., insurance), and social insurance and other commitments and promises (e.g., Social Security, Medicare)—rose from $20 trillion to about $50 trillion in the last 6 years.
The federal government faces large and growing structural deficits in the future due primarily to known demographic trends and rising health care costs. These structural deficits—which are virtually certain given the design of our current programs and policies—will mean escalating and ultimately unsustainable federal deficits and debt levels. Based on various measures—and using reasonable assumptions—the federal government’s current fiscal policy is unsustainable. Continuing on this imprudent and unsustainable path will gradually erode, if not suddenly damage, our economy, our standard of living, and ultimately our domestic tranquility and national security.
Would have been much better if they both 'missed' and smashed in each other's face........
woodguy @ 101:
Now THAT'S
woodguy @ 101:
Now THAT'S a fist jab to the jaw! (And, it's "Bush's fault," not "Bushes fault."
MDave @ 105:
(Donning sequined cape): "Thank you, thank you very much."
"Yo Bitch!" "Yo Bitch!" "Good job." "See you monday at the Senate office. These two are both neocon repigs!!!!!!!
I think Feinstein's point about the 9 trillion dollar national debt and no more tax cuts.....
Is that any tax increases will go to paying down that national debt in order to begin the rehabilitation of the American dollar (as Bill Clinton did in the 90's).
Bottom line, due to our Democratic Congressional majority passing PAYGO, and our 2006 midterms electing mostly Blue Dog Democrats, there will BE no new Obama "social programs" due to budgets and PAYGO.
He will not be able to fulfill his program promises, and it won't be because Republicans block them. It wil be because his own Democrats block them (just like the Dems blocked Hillary's healthcare plan before).
The Blue Dogs won't pass anything that doesn't meet PAYGO requirements, folks.
Feinstein knows this, and so does Hutchison. So do most Americans paying attention to Congressional budgets and sessions on C-Span.
So, keep that in mind when you're listening to Obama promise healthcare for everyone, college for everyone, etc.
It ain't gonna happen, because of his own fellow Democrats.
I didn't see DiFi voting against anyof these budgets or off budget expenses. Sorry, DiFi, it's a day late and a dollar short. you're part of the problem, as I see it.
While I have no use for KBH I do think people should get her name correct. Even the pundits regularly get it wrong. Her last name is H u t c h i s o n. Only one N.
From her website bio: "In 1993, Texans elected Kay Bailey Hutchison to the United States Senate in a special election."
Aanya @ 78:
If you thought Hutchinson was bad yesterday, check out this brilliant comment from her from a couple of years ago:
http://www.nytimes.com/2006/08/04/washington/04cong.html?scp=1&sq=wage+b...
WASHINGTON, Aug. 3 — Senate Democrats on Thursday blocked legislation tying the first minimum wage increase in almost a decade to a decrease in the federal estate tax, denying Republicans a legislative victory as lawmakers head into a crucial month of campaigning before the November elections.
......
“It is an excuse to make it a do-nothing Congress,” Senator Kay Bailey Hutchison, Republican of Texas, said. “And we are turning our back on the middle-class and poor people in this country who depend on the minimum wage and death-tax relief.”
I wonder if she really believes that poor people depend on "death-tax relief". Actually, I bet she does.
Why, Is it all they can do is come up with gibberish OR just correct my grammar.
WOW
Sorry, I didn't pass high school for you.
Kay Hutchinson wants to continue the tax cuts to "keep the economy flourishing." It's too bad that DF didn't jump on that comment. I mean ... the economy IS NOT flourishing!
I'm so tired of that woman. Yes, that would be Feinstein. She along with Pelosi and Reid are the problem in the Democratic party. They are ENABLERS of bush and everything he does. Why? I'm sure because they all benefit some way or another. I hope they get booted and replaced with REAL Democrats.
I so regret I voted for Feinstein.
Truth Under The Gun
Have you ever noticed every time CNN's host mediate a issue between the two sides there is always an reference to time running out? The very second the two sides begin to talk about the problem they are told "you get the last word and then we must go to our sponsors."
As is, the truth cannot be presented "in flow." You get a brief argument that adds to the viewers frustration congress is in a never ending go no where filibuster. I think it's time to tell the media to stop this quick-stop look at the most important issues affecting our nation and the world.
Joseph
Diane Feinstein is Joe Lieberman
@ 88 ysbaddaden Says: Forget fist jamming, Why don’t they do a boosh and cadet Chest slam?
They did, they slammed mightily in the green room. There heads were accidentally switched. That's really DiFi's head Hutchinson's body & red dress.
Mark @ News Corpse @ 46:
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