Able to excite its base not seen in years in 2009, going into the 2010 midterm elections and the risk they are playing with now is that they could do this again. And they could use, the American Voters will forget the nasty politics that have gone on here and remember that the g. O. P. Took a principle stand against obamas program. The other thing that is going on right now is that things are developing very quickly with the Government Shutdown. We opened a can of worms that we dont know where its going to go. The Republican Leadership is probably involved in a bait and switch narrative this week, where they will try to turn this into a discussion how the democrats want to raise the debt ceiling. That wont play well for obama going forward. I think both parties are fighting on the edge of a cliff and when youre on the edge of a cliff, the economy says, you dont ask who is right, thats what they are doing, you ask what the heck are we doing at the edge of the cliff . We are in a terribl
Skepticism is unwarranted, consider the debt crisis denyieys. Debt skeptics say we can grow our way out of debt with more tax revenue. Not so says Harvard Universitys nile ferguson. In a recent column citing forecasts from the nonpartisan Congressional Budget Office, the cbo, last month, the cbo published its 2013 longterm budget outlook, forecasting u. S. Debt 25 years from now and beyond. Like Climate Change projections, the cbo uses models, based on Current Trends and likely future scenarios to forecast the national debt. By 2038, 25 years from now, the debt may rise 73 of Gross Domestic Product today to as much as 190 of gdp, says the cbo. Unlike Climate Change, which has failed to heat up for the past 15 years, the federal debt outlook has worsened substantially since last years cbo report. If you think rising sea levels are bad, get a load of this. As debt rises, so will the percentage of the federal budget that goes to pay interest. From 8 today to 40 in 2072. Even under the cbo
That we have had as we now have almost 6 trillion of the foreign money invested in the american paper, which is enabling us to borrow money at much lower rates. They will have a huge affect on the united states. And as they are basically showing you the repository of the worlds wealth as were not over this yet. It will last for a while until theres a greater political making in the government that will be willing to jeopardize our credit that will be so critical to the united states. Okay, now, new news is ole news. Summit, 2011, two plus years ago. History headlines and news stories warned of the catastrophic consequences of the u. S. Default on the debt. Interest rates, they would rise. The dollar would shed their current staters. The world would be plunged back into a recession. Americas reputation would be tarnished. For were not talking about this months news. This was back in the summer of 2011. When the white house and congress had a standoff. Over increasing the debt ceiling at
Sheller. Well when we read two gospels, only two of the four gospels even talk about the birth of jesus and when we read matthew and luke, those two gospels, we are certainly presented with different details surrounding the story of the birth but despite the differences there are several things that clearly come through and those are the important aspects of the story. One, that jesus was born in bethlehem. To a virgin named mary. Whose husband, joseph, was of the lineage of david. And this according to the writers of those two gospels was in fulfillment of the hebrew prophesies. So despite very clear and seemingly troubling contradictions in some of the details the more important thing is, i think, the points on which they disagree. On the physical on the physical details was it an inn or was it a twostory house . An inn or a twostory house. Thats an interesting question. There certainly is a theory now that it was a twostory house. That the word that is oftentimes translated inn is a
Roughly three years before major problems with the system began to get fixed. So, i think Insurance Companies involved with this and analysts i talked with will tell you the Insurance Companies want to wait until they are not going to rush to judgment in the first three weeks based on whether or not there were web glitches. 36 states are affected by this. What do you think . Call it what you will. Whatever you think about the whole concept and idea of obama care, the execution has been disastrous. This undermined a lot of confidence in the program, undermined confidence in the program. Jeff happens to be an extraordinarily talented person and he may be able to cure it. I dont think its going to happen in the next two or three weeks. It will take a bit of time and people are now really hurting because a lot of their existing Health Insurance programs have gotten all up because they tried to process this things through this website, so there is a lot of confusion and a lot of problems go