Hope & Change

[SparrowHawk]

One of the funnier things I've read on this forum. How many pictures are there of GOP presidents holding the hand of a Saudi Priince like they were long lost lovers?

Short Answer? Too Many!

This just in!!

House rejects Bowles-Simpson, Obama budgets

The Bowles-Simpson deficit-reduction plan went down to a crushing defeat in the House late Wednesday night in a vote that damages the one bipartisan proposal that just a few months ago had seemed like a possible solution to the country’s debt woes.

The 382-38 defeat, with just 16 Republicans and 22 Democrats voting for it, marks a bad end to what began nearly two years ago, when President Obama tapped former White House Chief of Staff Erskine Bowles, a Democrat, and former Sen. Alan Simpson, a Republican, to lead a deficit-reduction committee.

Their report has popped up in every deficit discussion since then, but had never gotten a vote in either chamber until this week, when opponents prevailed.

“This doesn’t go big. This doesn’t tackle the problem. This doesn’t do the big things,” said Rep. Paul D. Ryan, Wisconsin Republican and chairman of the Budget Committee. “You can never get the debt under control if you don’t deal with our health care entitlement programs.”

The debate came as the House worked its way through its fiscal year 2013 budget plan, which Mr. Ryan wrote.
The Bowles-Simpson plan was offered as an alternative on the chamber floor.

Minutes earlier, the House also defeated Mr. Obama’s own budget, submitted last month, on a 414-0 vote arranged by Republicans to embarrass the president and officially shelve his plan.

“It’s not a charade. It’s not a gimmick — unless what the president sent us is the same,” said Rep. Mick Mulvaney, a freshman Republican from South Carolina who sponsored Mr. Obama’s proposal for purposes of the debate. “I would encourage the Democrats to embrace this landmark Democrat document and support it. Personally, I will be voting against it.”

The House also defeated an alternative offered by the Congressional Black Caucus that would have included $4 trillion in additional tax increases on top of those Mr. Obama proposed, and used that money to boost spending on domestic programs. That plan was killed 314-107.

But the Bowles-Simpson plan was the most anticipated vote of the evening, earning its first-ever vote in either chamber.

“There’s a consensus in america we have to reduce our deficit,” said Rep. Rob Andrews, New Jersey Democrat.

What Candidate has made debt reduction and a balanced budget one of the Cornerstones of his campaign? Was it:

The Former PA Senator? Former Speaker of the House? Current President? Former Governor from MA? I think it was someone else??? Anyone recall who that guy was? I think he's from Texas and Noooo not Rick Perry it is some other guy.

 

[SparrowHawk]

Obama's new theme song as he campaigns in rural America

 

[SparrowHawk]

From Reuters:

Solar Trust of America files bankruptcy
Mon Apr 2, 2012 3:52pm EDT

(Reuters) - Solar Trust of America LLC, which holds the development rights for the world's largest solar power project, on Monday filed for bankruptcy protection after its majority owner began insolvency proceedings in Germany.

The Oakland-based company has held rights for the 1,000-megawatt Blythe Solar Power Project in the Southern California desert, which last April won $2.1 billion of conditional loan guarantees from the U.S. Department of Energy. It is unclear how the bankruptcy will affect that project.

Complete Story Here

Yet another example if "Empty Suit Economics". What;s left to say?

 

[delldude]

From Reuters:


Complete Story Here

Yet another example if "Empty Suit Economics". What;s left to say?

Dammit man, can't you see we have to do this, drilling for oil is not a viable option.....at least here :blink: