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-   -   Deal Reached! (https://gfy.com/showthread.php?t=1032410)

Agent 488 07-31-2011 06:01 PM
Deal Reached!
 
america ... and thus the world ... is saved.

marlboroack 07-31-2011 06:02 PM
Why are we saved? Who is saving us? I don't get it.

NaughtyRob 07-31-2011 06:02 PM
http://www.cnn.com/

Quote:
Originally Posted by marlboroack (Post 18320472)
Why are we saved? Who is saving us? I don't get it.

Agent 488 07-31-2011 06:03 PM
http://www.cnn.com/2011/POLITICS/07/...=BN1&hpt=hp_t1

Agent 488 07-31-2011 06:04 PM
Quote:
Originally Posted by marlboroack (Post 18320472)
Why are we saved? Who is saving us? I don't get it.
President Barack Obama and congressional leaders have saved the USA.

harvey 07-31-2011 06:07 PM
Quote:
Originally Posted by Agent 488 (Post 18320470)
america ... and thus the world ... is saved.
http://i32.tinypic.com/mh6ale.gif

Coup 07-31-2011 06:08 PM
Thank god this manufactured crisis is over. I can finally sleep at night

(deal will probably fall through before being signed lol)

marlboroack 07-31-2011 06:11 PM
You guy's believe this?... Agent hit me up on icq.

Agent 488 07-31-2011 06:13 PM
sorry no time for cybersex as i am busy wiping the sweat from my brow.

harvey 07-31-2011 06:13 PM
Quote:
Originally Posted by Coup (Post 18320486)
Thank god this manufactured crisis is over. I can finally sleep at night

(deal will probably fall through before being signed lol)
http://media.tumblr.com/tumblr_lk5v1xROCE1qf13lh.gif

epitome 07-31-2011 06:15 PM
Yeah, who didn't call this last minute deal. I'm sure they're all celebrating with champagne and patting each others backs.

marlboroack 07-31-2011 06:15 PM
Quote:
Originally Posted by Agent 488 (Post 18320491)
sorry no time for cybersex as i am busy wiping the sweat from my brow.
Ok, hunny.:1orglaugh

harvey 07-31-2011 06:17 PM
Quote:
Originally Posted by epitome (Post 18320493)
Yeah, who didn't call this last minute deal. I'm sure they're all celebrating with champagne and patting each others backs.
http://www.gifsoup.com/webroot/anima...s/108890_o.gif

GAMEFINEST 07-31-2011 06:25 PM
it was bound to happen, obama's job was on the line..

marlboroack 07-31-2011 06:26 PM
Quote:
Originally Posted by harvey (Post 18320496)
http://i108.photobucket.com/albums/n...1/7dcda2aa.gif

Captain Kawaii 07-31-2011 06:26 PM
So proud of our brave lads in DC ...GangBang at Obama's tonight...

epitome 07-31-2011 06:29 PM
Quote:
Originally Posted by GAMEFINEST (Post 18320506)
it was bound to happen, obama's job was on the line..
No. It was political theater since Day 1. 11th hour deals make it look like everybody is representing their respective parties but being bipartisan when it matters.

marlboroack 07-31-2011 06:35 PM
I bet 3$ Paypal that nothing is going to happen....

Caligari 07-31-2011 06:39 PM
Man that's fucking great!

Maybe after they pass the bill they might let we the people find out what's in it.

kane 07-31-2011 06:42 PM
And now for the next few days we get to see everyone take credit for it only to later find out that it cuts something major and fucks some key group over and then everyone will claim they didn't want it.

brassmonkey 07-31-2011 06:51 PM
time to take a shit

Spunky 07-31-2011 06:57 PM
Cheeseburgers for everybody!

Caligari 07-31-2011 07:04 PM
Quote:
Originally Posted by Spunky (Post 18320550)
Cheeseburgers for everybody!
with a side of gubment lies.

and a coke.

Bill8 07-31-2011 07:10 PM
It's a hilarious deal. Political theatre & shock doctrine got exactly what the plutocrats wanted.

No tax increases, a trillion in cuts on the old fucks, the boomers, and the poor.

The one nice thing is that the military MIGHT get chopped if the economy doesn't improve, there are triggers built in that cut defense if taxes dont go up,

Otherwise, it's exactly what the republicans wanted.

The funny part is, we raised the debt ceiling just enough to last until the end of 2012 if we keep borrowing at current rates.

Fuck that uncle tom obama. I hate that traitorous puppet.

ThunderBalls 07-31-2011 07:47 PM
Quote:
Originally Posted by Bill8 (Post 18320563)
It's a hilarious deal. Political theatre & shock doctrine got exactly what the plutocrats wanted.

No tax increases, a trillion in cuts on the old fucks, the boomers, and the poor.

The one nice thing is that the military MIGHT get chopped if the economy doesn't improve, there are triggers built in that cut defense if taxes dont go up,

Otherwise, it's exactly what the republicans wanted.

The funny part is, we raised the debt ceiling just enough to last until the end of 2012 if we keep borrowing at current rates.

Fuck that uncle tom obama. I hate that traitorous puppet.

Agreed. Fucking spineless democrats once again caving in to republicans and giving them just about everything they want, meanwhile the country continues to slide towards 3rd world status at the hands of republican policies. Fuck this shit.

GregE 07-31-2011 07:51 PM
Quote:
Originally Posted by Bill8 (Post 18320563)
It's a hilarious deal. Political theatre & shock doctrine got exactly what the plutocrats wanted.

No tax increases, a trillion in cuts on the old fucks, the boomers, and the poor.
The old fucks, the boomers, and the poor altogether make for one hell of a lot of voters.

And they ain't gonna be none too happy about this.

Obama will try to blame it on the teabaggers, but a lot of the folks who just got fucked will see Obama for the spineless wuss he's become and stay home on election day.

2012 is going to be an interesting year :disgust

Houdini 07-31-2011 07:54 PM
Watch the market rally for a few days, maybe even a week or two. By the end of Aug, into Sept. it will tumble when the realization hits that this debt ceiling did nothing to our economy and it's still shit. S&P 1100, here we come.

drmadcat 07-31-2011 07:59 PM
the world is saved what planet do you live on

GregE 07-31-2011 08:07 PM
Quote:
Originally Posted by ThunderBalls (Post 18320605)
Agreed. Fucking spineless democrats once again caving in to republicans and giving them just about everything they want, meanwhile the country continues to slide towards 3rd world status at the hands of republican policies. Fuck this shit.
The Democrats control the Senate and the White House and they act like they're fucking helpless.

Even when they had the House, as well, they couldn't accomplish shit.

Not sure what all I'll be doing in November 2012, but standing in a line to vote won't on the agenda :disgust

PromoterX 07-31-2011 09:01 PM
Obama would have immediate authority to raise the debt ceiling by $400 billion, which will last through September

Wow. That's hard work... authorizing another ceiling raise. Hardcore gubment action folks! :thumbsup

lazycash 07-31-2011 09:52 PM
Damn I thought this thread was going to be about DamianJ and Paul making up.

V_RocKs 07-31-2011 10:29 PM
This will certainly get the Republicans to win the Presidency... Oh wait... He still has 2 more years... How about we let him do his job?

Bill8 07-31-2011 10:33 PM
Here's what the whitehouse says.

http://www.whitehouse.gov/fact-sheet...merican-people

This part is interesting.

Quote:
Sequester Would Provide a Strong Incentive for Both Sides to Come to the Table: If the fiscal committee took no action, the deal would automatically add nearly $500 billion in defense cuts on top of cuts already made, and, at the same time, it would cut critical programs like infrastructure or education. That outcome would be unacceptable to many Republicans and Democrats alike ? creating pressure for a bipartisan agreement without requiring the threat of a default with unthinkable consequences for our economy.
So far the best descriptive summary I've read came from talking points memo.

http://tpmdc.talkingpointsmemo.com/2...on.php?ref=fpb

Quote:
The deal works like this:

It guarantees the debt limit will be hiked by $2.4 trillion. Immediately upon enactment of the plan, the Treasury will be granted $400 billion of new borrowing authority, after which President Obama will be allowed to extend the debt limit by $500 billion, subject to a vote of disapproval by Congress.

That initial $900 billion will be paired with $900 billion of discretionary spending cuts, first identified in a weeks-old bipartisan working group led by Vice President Joe Biden, which will be spread out over 10 years.

Obama will later be able to raise the debt limit by $1.5 trillion, again subject to a vote of disapproval by Congress.

That will be paired with the formation of a Congressional committee tasked with reducing deficits by a minimum of $1.2 trillion. That reduction can come from spending cuts, tax increases or a mixture thereof.








Talking Points Memo on Facebook

If the committee fails to reach $1.2 trillion, it will trigger an automatic across the board spending cut, half from domestic spending, half from defense spending, of $1.2 trillion. The domestic cuts come from Medicare providers, but Medicaid and Social Security would be exempted. The enforcement mechanism carves out programs that help the poor and veterans as well.

If the committee finds $1.5 trillion or more in savings, the enforcement mechanism would not be triggered. That's because Republicans are insisting on a dollar-for-dollar match between deficit reduction and new borrowing authority, and $900 billion plus $1.5 trillion add up to $2.4 trillion.

However, if the committee finds somewhere between $1.2 and $1.5 trillion in savings, the balance will be made up by the corresponding percentage of the enforcement mechanism's cuts, still in a one-to-one ratio.

Democrats say they're confident that the enforcement mechanism is robust enough to convince Democrats and Republicans to deal fairly on the committee -- to come up with a somewhat balanced package of entitlement reforms and tax increases. However, the White House assures them that if the committee fails to produce "tax reform" he will veto any attempt to extend the Bush tax cuts, which expire at the end of next year.

Unclear, though, is what happens if the committee does agree on tax reform, but in a way that produces insubstantial revenue.

Antonio 07-31-2011 10:54 PM
Quote:
Originally Posted by epitome (Post 18320512)
No. It was political theater since Day 1. 11th hour deals make it look like everybody is representing their respective parties but being bipartisan when it matters.
pretty much, everybody with more than 2 brain cells knew that they would have a deal at the end; if they didn't, that would've thrown the whole World back into the deep shit

Bill8 07-31-2011 11:04 PM
The senate has a deal, but the deal is not done.

The house has to accept it.

The more I study it the more I suspect the house will say no.

It's hard to see how the math adds up. I've read in many places that we do not have enough discretionary spending in the budget to get cut to the 2.4 bil level the deal seems to require.

So, expect a crazy monday.

Agent 488 07-31-2011 11:22 PM
more mind control fodder for the techno serfs.


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