Eric Cantor has pulled out of the debt ceiling negotiations going on between the House and the White House, under the leadership (or lack there of) of Joe Biden. The initial headline looked like it might be good news. Unfortunately not.
From the Wall Street Journal:
WASHINGTON—House Majority Leader Eric Cantor Thursday said he was pulling out of the bipartisan budget talks headed by Vice President Joe Biden for now because the group has reached an impasse over taxes that only President Barack Obama and Speaker John Boehner (R., Ohio) could resolve.
Mr. Cantor, in an interview after a negotiating session he described as bitterly contentious, said he would not be attending Thursday's scheduled meeting of the bipartisan deficit-reduction leadership group because he believed it was time for the negotiations to move to a higher level.
"We've reached the point where the dynamic needs to change,'' Mr. Cantor said. "It is up to the president to come in and talk to the speaker. We've reached the end of this phase. Now is the time for these talks to go into abeyance."
Still, Mr. Cantor remained optimistic about the prospects for a deal. He said the Biden group had already made significant progress and had tentatively identified more than $2 trillion in spending cuts over the next 10 years. But he said there could be no agreement on an overall package without breaking the impasse between Republicans' refusal to accept any tax increase, and Democrats insistence that some tax increases be part of the deal.
Could someone please explain why the Republican are so obsessed with a "deal?" Have they never heard of the concept of fighting for what you believe in? Is it asking too much that just once they show some backbone?
The Democrats have already said they want job killing tax increases in a "deal." They do not want to reform entitlements, which are ballooning the budget and worst of all, they want even more failed stimulus spending.
Enough is enough! We sent Boehner and company to Washington to change things and set things right. Is it asking too much for them to do what they promised to do?
What good would cutting $2 trillion over a 10 year period do for our country when they intend on amassing another $30 trillion in new spending in the next two years? It is like using a teaspoon to bail water out of a sinking ship! I am absolutely ready to pull my hair out!!!!
It seems as if Republican representatives do not know what a fight for principles is. I would like to see Boehner replaced by somebody who is committed to save our country, economy, and society; somebody who makes Obama and his Communist aids liable for all the damage that they have done already to the American people.
Going with Obama and Biden to play golf is a shame and an indication that the Republican leaders in the House are making Obama and his allies win, with their eagerness to make a deal. No doubt, Mr. Cantor is not making a good negotiation move.
Trying to get the word out on this one. Facebook is not posting it on my wall.........twitter, done!
Need others to post this on facebook so it gets out there to the general public. We must be here to inform and inspire others to take action with us!
PS: I will be blogging on Allen West Nation shortly. I've read the book by G. Edward Griffin, "The Creature from Jekyll Island: A Second Look at the Federal Reserve" and have gotten approval to discuss the book there. I am emailing Mr. Griffin also to ask for his participation, if he has time. The book covers economics in a simple, understandable and interesting manner. I plan to take the book chapter-by-chapter, summarize and invite conversation with others, including moderators of the site and hopefully, the author! Hope many join in on the conversation!
I have just started reading the book "Non Call It Conspiracy" (by Gary Allen) it also is about how the Federal reserve was started and why. It is an eye opener. Part of it has said that creating the Federal Reserve was just 1 of 10 steps to making a country socialist.
We have to pull the covers off of these creatures that are trying to convert America to a socialist nation.
i'm sure you're done with the book by now - excellent read. ran across it back in '72 just back from 'nam. i agreed with it then, in fact just ordered a copy to re-visit that and other earlier reads.
nam wasn't big enough for the baby boom - obama and the progressive threat is our real challenge as a generation.
Shirley, TCFJI is a fantastic, informative book. I asked my library to purchase it and they did. There is always a wait list to get it. The more people that become informed about the true nature of the Federal Reserve, the better!
Cameron, even if it were "too late" I will speak out in truth until I am no longer able to speak. Truth is friend to all I hold dear..........
"Choose ye this day whom ye shall serve. As for me and my house, we will serve the Lord!"
"then the large oil reserves in the US will be opened"
you must be referring to our untapped potential like anwr, not the strategic reserve that mr. obama
just dipped into. the later, at 700+ million barrels would hardly be sufficient for 6 months of domestic
use (assuming drastic rationing). now the former could, in theory, keep us rolling for quite some time;
provided it was already located, tapped and refined which it is not. and so mr. gardner,
i'm curious what viable oil commodity would 'back' this petrobuck. just askin'...b