Republicans Wave White Flag On Budget, Roll Over On Obamacare

Quote from Scataphagos:

Geez... is it any wonder why we have developed a parasite class of citizens and voters?

Recently saw a TV story where some mother making $70,000/yr was also getting $750/mo in food stamps... admitted she didn't "need" the food stamp money... but she kept taking it and sold @ 40% discount for cash so she could buy drugs.

Amerika, what a country!

:( :mad:
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I saw that same story ... and she had discretionary income to get a boob job while making the $70K and collecting her food stamps.
 
Quote from bigarrow:

Good for the republicans, this is a sign congress might start functioning for the good of the people.
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Let's see, who else can they borrow from? The Chinese... uh nope, they are lightening their load of Treasuries.. The next few generations of Americans? Uh... not really, they are permanently screwed over with Public Sector debt already.. Maybe the Fed can just buy all the Treasuries and that way the Democrats can keep on functioning for the good of the people! Probably they can break those deals with the Public Sector pensioners and get us a trillion here and there, hell yeah, Congress can keep on functioning for the good of the people!!
 
Obama and Bernanke remind me of those people at the Walmart in louisiana when the limits vanished from their EBT cards.

Spend like there's no tomorrow and woory about the consequences late. More accurately, let someone else worry about the consequences later.

What a lot of people don't get is that QE is just another Obama program to screw republican voters, ie savers, and reward democrats, eg government workers and welfare leeches. If the Fed can just print money out of thin air and support the deficit spending, no one sees any pressing need to cut back. Just keep robbing retired people who planned on living off their savings. Suckers.
 
exactly... can you imagine the evil bankerish aspect of this.

Let the govt spend ridiculous amounts. Let you bankers make billions auctioning the bonds. Let the fed buy 50 -70 percent of them.

Create... massive inflation... but keep interest so low it screws the people who worked and saved for 30 years.

Normally you would think massive inflation would at least be offset by decent rates of return in cds and bonds and other relatively safe places.

Instead the govt and the Fed just flip the entire free market on its ass... and then the Dems wonder where the jobs went?


Quote from AAAintheBeltway:

Obama and Bernanke remind me of those people at the Walmart in louisiana when the limits vanished from their EBT cards.

Spend like there's no tomorrow and woory about the consequences late. More accurately, let someone else worry about the consequences later.

What a lot of people don't get is that QE is just another Obama program to screw republican voters, ie savers, and reward democrats, eg government workers and welfare leeches. If the Fed can just print money out of thin air and support the deficit spending, no one sees any pressing need to cut back. Just keep robbing retired people who planned on living off their savings. Suckers.
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