The Facts About Spending Cuts, the Debt, and the GDP
The Facts About Spending Cuts, the Debt, and the GDP Separating economic myths from economic truths Veronique de Rugy | July 29, 2011 http://www.youtube.com/watch?v=YOtOqDyH_x8feature=player_embedded Editor's Note: Reason columnist and Mercatus Center economist Veronique de Rugy appears weekly on Bloomberg TV to separate economic fact from economic myth. Raising the debt limit might put off a downgrade disaster in August, but that still isn’t enoughas Standard Poor’s recent warning made clear. Perhaps the most important shot not heard around the world was SP’s other admonition: Namely, that the U.S. bond rating will be downgraded in three months, if not sooner, unless we do something about government spending. Beyond raising the debt limit, SP laid out clear criteria for avoiding a downgrade: 1) reduce the debt by about $4 trillion; 2) agree to a credible plan within three months; and 3) guarantee that this newfound fiscal discipline will actually stick. If SP isn’t bluffing, then lawmakers should get serious about reducing the debt-to-GDP ratio, and they should do it quickly. But how do we achieve such a task? Myth 1: You cannot reduce the deficit to an appropriate level without also raising taxes. Fact 1: Spending cuts are the most effective way to reduce the debt-to-GDP ratio. We are not the first nation to struggle with a dangerous debt-to-GDP ratio, and thankfully, the academic world has already produced great insights into what can be done to reduce this ratio without hurting the economy. Take the work of Harvard’s Alberto Alesina and Silvia Ardagna. They examined 107 efforts to reduce the debt in 21 OECD nations between 1970–2007. Their findings suggest that tax cuts are more expansionary than spending increases in the cases of a fiscal stimulus. Also, they found that spending cuts are a more effective way to reduce the debt-to-GDP ratio: For fiscal adjustments we show that spending cuts are much more effective than tax increases in stabilizing the debt and avoiding economic downturns. In fact, we uncover several episodes in which spending cuts adopted to reduce deficits have been associated with economic expansions rather than recessions. We also investigate which components of taxes and spending affect the economy more in these large episodes and we try to uncover channels running through private consumption and/or investment. As you can see in this chart, in cases of successful fiscal adjustmentsdefined by the cumulative reduction in debt-to-GDP ratio three years after fiscal adjustment greater than 4.5 percentage pointsspending as a share of GDP fell by about 2 percentage points while revenue also fell by half a percentage point (left bars). On the other hand, unsuccessful fiscal adjustment packagescumulative increases in debt-to-GDP ratiowere made of smaller spending reductions (only 0.8 percentage-point reduction) and large revenue increases (right bars). The IMF found similar results and reports that fiscal adjustment on the requisite scale of what we need today is actually not unprecedented: During the past three decades, there were 14 episodes in advanced economies and 26 in emerging economies when individual countries adjusted their structural primary balance by more than 7 percentage points of GDP. Several economies were also able to sustain large primary surpluses for five or more years afterwards, though the record is more mixed in this regard. For those who are not ideologically inclined toward austerity measures, it is key to remember that this research is consistent with the work of former Obama Council of Economic Advisers chairman Christina Romer and her economist husband, David Romer, which shows that increasing taxes by 1 percent of GDP for deficit-reduction purposes leads to a 3 percent reduction in GDP. In fact, Alesina and Ardagna discuss the work of Romer and Romer starting on page five of their paper. Myth 2: Lawmakers facing economic catastrophe forget about politics and adopt measures that address genuine fiscal issues. Fact 2: Politicians rarely put politics aside. Historically, four out of five fiscal adjustments were primarily comprised of tax increasesand were unsuccessful. Following and building on Alesina and Ardagna’s work, a new paper by Andrew Biggs, Kevin Hassett, and Matthew Jensen of the American Enterprise Institute studies fiscal adjustments covering over 100 instances in which countries took steps to address their budget gaps. Their results are consistent with those of the Harvard economists; expenditure cuts outweigh revenue increases in successful consolidations. Moreover, their work shows that even in a time of crisis (or especially in a time of crisis), lawmakers tend to adopt policies for the sake of politics. Countries in fiscal trouble generally got there through years of catering to interest groups and pro-spending constituencies (on both sides of the political aisle), and their fiscal adjustments tend to make too many of the
Fwd: On Norway
http://www.weeklystandard.com/articles/slandering-progress-party_577800.html Slandering the Progress Party Norway’s opposition isn’t extremist. James Kirchick August 8, 2011, Vol. 16, No. 44 In 1986, five-year-old Mazyar Kesh-vari and his family fled their native Tehran for Oslo. His parents were opponents of the Khomeini regime that took power following Iran’s 1979 revolution, and there came a point when “it was not possible to be in Iran without risking being killed or tortured and imprisoned,” he told me. Raised in a “politically active” family, he was expected to follow the path of civic engagement in his adopted country. “We have experience, on our own body and life, how political decisions make a difference in people’s life,” he says. “So when we came to Norway, it was very natural for me to go to a liberal party that worked for individual liberty.” For Keshvari, that party was Norway’s Progress party, whose youth wing he joined in 1999 and which he today represents on the Oslo City Council. Founded in 1973 primarily to advocate for a lower tax burden, the party was concerned mainly with economics. Calling for the legalization of private medical insurance, income tax cuts, and the privatization of government-owned monopolies, the Progress party became the third-largest party in the 1989 parliamentary election. As Muslim immigration has become a major issue in Norway (as it has across Europe), the party has taken a (relatively) hard line, calling not only for a decrease in the number of immigrants allowed into the country, but for more exacting assimilation policies as well. Those policies, and the party’s rhetoric in defending them, have come under attack in the wake of last week’s massacre, in which anti-Muslim extremist Anders Behring Breivik murdered 76 Norwegians as part of a plan to “save Europe from Islamification.” Breivik, who was a member of the party’s youth movement from 1997 to 2007, claims to have attacked young members of the ruling Labor party because of its allegedly lax view on Muslim immigration. While the Progress party has long been a target of the country’s left-wing media and cultural elite, most Norwegians have desisted from scoring political points off of last week’s horror. Instead, the party has come under attack from -foreign media. The New York Times refers to it as “stridently anti-immigrant and anti-Muslim.” The Sydney Morning Herald calls it “far right,” as does the Irish Times. In the New Republic, Karen J. Greenberg complains that the party’s “political pushback against Muslim populations” is “deceptively urbane” and “largely acceptable in polite company.” As early as 2002, the Guardian was warning about “Norway’s dark secret,” namely, the increasing popularity of the “far-right Progress party,” which rendered Norway “home to Europe’s most successful far-right movement.” Others have gone so far as to lay the blame for the murders on the doorstep of the party itself. In an article for the Spanish newspaper El Mundo entitled “To You who Nourished the Killer,” former Norwegian television personality Petter Nome specifically addressed Siv Jensen, the party’s leader. While writing that “Ms. Jensen is not a supporter of violence,” and that “neither are most of her colleagues in populist and right wing parties in Europe,” Nome argued, “They carry profound responsibility for actively creating a climate where hate and violence appear as options for their most impatient followers.” (Nome has since apologized for his remarks.) All of this is astonishing to Keshvari. “I think it’s sad that people who don’t have knowledge about our party can say something like that, because the Progress party’s ideology is classical liberalism.” Indeed, the party’s stance on immigration is doctrinaire libertarian, in that it believes in the “freest possible movement of labor,” provided “that people who take up residence in Norway do not automatically receive welfare rights, which burden the Norwegian taxpayer.” One might find this policy uncompassionate. But it’s not racist or “anti-Muslim.” As an Iranian immigrant, Keshvari says that, if anything, it is left-wing Norwegians who are obsessed with his immigrant background, attacking him for belonging to a center-right party. He likens his situation to “the problems that you have in your country with black Republicans.” “There are too many immigrants coming here, so we have to stop that because we have to take care of those who are already here,” Farida Amin, a Norwegian of Pakistani descent who immigrated with her family in 1975, told me. She now works for the Progress party and has been a member for eight years. Its emphasis on assimilation, and its concern for the harsh treatment that many Muslim women in Norway receive at the hands of their male relatives, is what attracted her. “Many women from non-Western countries are prevented from employment and active citizenship by their husbands, so we are working for that.” In 2009, a
Fwd: OBAMA'S COLLEGE CLASSMATE
** *Wish I had Spencers address book. I like to share factual information.* *subject:* Fwd: OBAMA'S COLLEGE CLASSMATE Friends and Family, I'm forwarding this article because it substantiates what I, personally, have known for quite some time. I hope you'll follow the links to a recent Nevada newspaper article and to an evaluation by Snopes. You'll get the full context of the material. Personally, we must do everything we can to protect America now and to defeat Barack Hussein Obama in the next election. Respectfully, DaddyBob Collester P.S. Recipients are Bcc'd to protect their innocence. OBAMA'S COLLEGE CLASSMATE -- *If he is re-elected in 2012, the **US** is finished. The following is in simple language that everyone can understand. Not the gibberish that our government keeps telling people. Please read this carefully and make sure you keep this message going.* *This needs to be emailed to everyone in the **USA** ...* * OBAMA'S COLLEGE CLASSMATE SPEAKS OUT * ** *By Wayne Allyn Root , **June 6th, 2010* *Barack Hussien Obama is no fool. He is not incompetent.* *To the contrary, he is brilliant. He knows exactly what he's doing.* *He is purposely overwhelming the **U.S.** economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within.* *Barack Hussien Obama was my college classmate * ** * ( **Columbia** **University** , class of '83). He is a devout Muslim do not be fooled. Look at his Czars... anti-business... anti-American.* *As Glenn Beck correctly predicted from day one, Barack Hussien Obama is following the plan of Cloward Piven, two professors at **Columbia** ** University**... They outlined a plan to socialize **America** by overwhelming the system with government spending and entitlement demands.* *Add up the clues below. Taken individually they're alarming.* *Taken as a whole, it is a brilliant, Machiavellian game plan to turn the United States into a socialist/Marxist state with a permanent majority that desperately needs government for survival... and can be counted on to always vote for bigger government.* *Why not? They have no responsibility to pay for it.* *Universal health care . The health care bill had very little to do with health care. It had everything to do with unionizing millions of hospital and health care workers, as well as adding 15,000 to 20,000 new IRS agents (who will join government employee unions).* *Obama doesn't care that giving free health care to 30 million Americans will add trillions to the national debt.* *What he does care about is that it cements the dependence of those 30 million voters to Democrats and big government. Who but a socialist revolutionary would pass this reckless spending bill in the middle of a depression?* *Cap and trade. Like health care legislation having nothing to do with health care, cap and trade has nothing to do with global warming.* *It has everything to do with redistribution of income, government control of the economy and a criminal payoff to Obama's biggest contributors. Those powerful and wealthy unions and contributors (like GE, which owns NBC, MSNBC and CNBC) can then be counted on to support everything Obama wants.* *They will kick-back hundreds of millions of dollars in contributions to Obama and the Democratic Party to keep them in power.* *The bonus is that all the new taxes on Americans with bigger cars, bigger homes and businesses helps Obama spread the wealth around.* *Make Puerto Rico a state. Why? Who's asking for a 51st state?* *Who's asking for millions of new welfare recipients and government entitlement addicts in the middle of a depression? Certainly not American taxpayers. But this has been Barack Hussein Obama's plan all along.* *His goal is to add two new Democrat senators, five Democrat congressman and a million loyal Democratic voters who are dependent on big government.* *Legalize 12 million illegal Mexican immigrants.* *Just giving these 12 million potential new citizens free health care alone could overwhelm the system and bankrupt **America**. But it adds 12 million reliable new Democrat voters who can be counted on to support big government. Add another few trillion dollars in welfare, aid to dependent children, food stamps, free medical, education, tax credits for the poor, and eventually Social Security.* *Stimulus and bailouts. Where did all that money go?* *It went to Democrat contributors, organizations (ACORN), and unions -- including billions of dollars to save or create jobs of government employees across the country.* *It went to save GM and Chrysler so that their employees could keep paying union dues.* *It went to AIG so that Goldman Sachs could be bailed out (after giving Obama almost $1 million in contributions).* *A staggering $125 billion went to teachers (thereby protecting their union dues).* *All those
A coulpa opinion questions
-- Forwarded message -- From: steve b ** *Hiya Gals and Guys.I just have a* *coupla opinion questions to see how* *youz guys (Brooklyn speak) think about* *these questions:* *1~Are you tired of all this debt business on* *TV 24 hours a day?* *2~Is obama's long term fix a political* *ploy to get re-elected?* *3~Is the GOP trying to stop it because* *of that?* *4~OK, the big question: If we do * *so-called default who's fault is it?* ** *Ya know what troubles me is that what * *obama and his henchmen are circulating* *out right lies when they say that* *Social Security, Disability, Military, and* *Vets won't go out, and we will default* *on our loans to other countries (mostly* *China, which in itself is a whole 'nother* *discussion) That IS NOT TRUE!!!* *We take in enough money to pay ALL* *of these, but that puts obama in* *a tough spot. He will have to decide* *who gets paid and who doesn't. Can you* *imagine all those on welfare react?* *President Ronald Reagan said well* *actually a coupla quotes that are* *pertinent here:* **Government always finds a need for whatever money it gets.” One way to make sure crime doesn't pay would be to let the government run it.” The problem is not that people are taxed too little, the problem is that government spends too much.” Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidies it” And my Favorite is We should measure welfare's success by how many people leave welfare, not by how many are added” Smart Guy Huh? All the Best, Steve P.S. Oh yeah, I forgot to tell youz guys (more Brooklyn speak) I'm gonna be out of town for a coupla days. Speak to Y'all ( Louisiana speak) when I get back! Paradox: The government wants Every Citizen to prove that they are insured But people don't have to prove they are citizens Say little, and love much; give all; judge no man; aspire to all that is pure and good. ~*White Eagle* If ever time should come,when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin. ~Samuel Adams (1780) And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor. ~Last line of the Declaration of Independence __._,_.___ Reply to sendersteve_b12...@yahoo.com?subject=Re%3A%20A%20coulpa%20opinion%20questions| Reply to grouprumblesal...@yahoogroups.com?subject=Re%3A%20A%20coulpa%20opinion%20questions| Reply via web posthttp://groups.yahoo.com/group/RumblesAList/post;_ylc=X3oDMTJzNTBjYjMxBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARtc2dJZAMzNDkxNzkEc2VjA2Z0cgRzbGsDcnBseQRzdGltZQMxMzExOTQ4NDM0?act=replymessageNum=349179| Start a New Topichttp://groups.yahoo.com/group/RumblesAList/post;_ylc=X3oDMTJmZWFsbmowBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDZnRyBHNsawNudHBjBHN0aW1lAzEzMTE5NDg0MzQ- Messages in this topichttp://groups.yahoo.com/group/RumblesAList/message/349179;_ylc=X3oDMTM5dDFodXNmBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARtc2dJZAMzNDkxNzkEc2VjA2Z0cgRzbGsDdnRwYwRzdGltZQMxMzExOTQ4NDM0BHRwY0lkAzM0OTE3OQ--( 1) Recent Activity: - New Membershttp://groups.yahoo.com/group/RumblesAList/members;_ylc=X3oDMTJnOWExbzhsBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDdnRsBHNsawN2bWJycwRzdGltZQMxMzExOTQ4NDM0?o=6 2 - New Fileshttp://groups.yahoo.com/group/RumblesAList/files;_ylc=X3oDMTJoMTcxaXYxBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDdnRsBHNsawN2ZmlsZXMEc3RpbWUDMTMxMTk0ODQzNA-- 1 Visit Your Grouphttp://groups.yahoo.com/group/RumblesAList;_ylc=X3oDMTJmcWkxNTVhBF9TAzk3MzU5NzE0BGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDdnRsBHNsawN2Z2hwBHN0aW1lAzEzMTE5NDg0MzQ- [image: Yahoo! Groups]http://groups.yahoo.com/;_ylc=X3oDMTJlajM2cmlhBF9TAzk3NDc2NTkwBGdycElkAzIxMTI2MzIwBGdycHNwSWQDMTcwNTA4Mzc2NARzZWMDZnRyBHNsawNnZnAEc3RpbWUDMTMxMTk0ODQzNA-- Switch to: Text-Onlyrumblesalist-traditio...@yahoogroups.com?subject=Change+Delivery+Format:+Traditional, Daily Digestrumblesalist-dig...@yahoogroups.com?subject=Email+Delivery:+Digest• Unsubscribe rumblesalist-unsubscr...@yahoogroups.com?subject=Unsubscribe • Terms of Use http://docs.yahoo.com/info/terms/ . __,_._,___ -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Fwd: [I-S] Fw: NIA Exposes Debt Ceiling Truth
*NIA Exposes Debt Ceiling Truth* NIA hasn't written about the whole debt ceiling issue over the past few weeks because in our minds it is completely irrelevant. Our elected representatives in Washington along with the mainstream media have been wasting thousands of hours of time and hundreds of millions of dollars debating a topic that has no meaning at all. The President, Senate, and House of Representatives are putting on a show to make it look like they care about cutting spending and balancing the budget. Except for a select few elected representatives like Ron Paul who care about protecting the U.S. Constitution and preserving what little purchasing power the U.S. dollar still has left, every other politician in Washington is putting on a complete charade in order to trick their constituents into believing there is a difference between the proposals from the Republicans and Democrats. While our incompetent and corrupt mainstream media has been proclaiming there are major differences between the two bills proposed by House Speaker John Boehner and Senate Majority Leader Harry Reid, NIA believes John Boehner might as well be a Democrat and Harry Reid could easily pass himself off as a Republican. There are absolutely no meaningful fundamental differences between Boehner's plan that was approved by the House of Representatives yesterday evening, before being killed by the Senate two short hours later, and Reid's bill, which was just rejected by the House today in a pre-emptive vote before the Senate even had a chance to vote on it. Both bills are estimated to reduce the U.S. budget deficit by approximately $900 billion over the next 10 years. Of the $900 billion only about $750 billion are actual discretionary spending cuts with the rest being an expected reduction in interest payments on the national debt as a result of either bill passing. When you have an unstable fiat currency that is rapidly losing its purchasing power and could collapse at any time, it is impossible to accurately project what our budget deficits will be 5 or 6 years from now, let alone 9 or 10 years from today. As far as the next two fiscal years are concerned, both proposed bills from Boehner and Reid are estimated to only cut spending by a total of about $70 billion in fiscal years 2012 and 2013 combined. The budget that former President Bush submitted to Congress in early-2007, projected the deficit to decline in each of the following four fiscal years. Not only did the deficit not decline the next four years in a row, but it nearly tripled in 2008 and from there more than tripled in 2009. Shockingly, Bush's budget actually projected a $61 billion surplus in fiscal year 2012, but instead we will have a budget deficit of $1.1 trillion based on President Obama's latest budget, which takes into account unrealistic GDP growth next year of 4.86%. U.S. GDP growth for the first quarter of 2011 was just revised down yesterday by 81% from 1.91% to 0.36%. The advance estimate of second quarter GDP growth came in at 1.28%, well below the consensus estimate of 1.8%. NIA is going to really go out on a limb and predict that second quarter GDP growth will soon be revised downward as well. If this is the highest GDP growth the U.S. could muster after the Federal Reserve's $600 billion in QE2 money printing, this should prove once and for all that monetary inflation does not create real economic growth and employment. The U.S. Treasury as of Thursday night had $51.6 billion in cash, with its cash position declining by $15.2 billion during the previous 24 hours. It expects to bring in $172.4 billion from August 3rd through August 31st in tax receipts, but is scheduled to pay out $306.7 billion during this time period for an estimated deficit of $134.3 billion. The U.S. is scheduled to make its next interest payment on the national debt on August 15th and it will equal approximately $30 billion. Over the last 9 months the U.S. has spent a total of $385.9 billion on interest payments on the national debt, which means it is on track to spend a record $514.5 billion this year on interest payments alone. Just a tiny 30 basis point increase in the interest rate on the national debt would totally wipe out the deficit reductions proposed by both Boehner and Reid. The U.S. Treasury has been able to pay its bills in recent weeks by using many different accounting gimmicks. However, come Tuesday, there will be no more accounting tricks left to play and the U.S. won't be able to meet all of its obligations. Without a raise in the debt ceiling, the U.S. government will have to prioritize who it pays using the tax receipts coming in, which will probably include the $30 billion interest payment on the national debt (to avoid a default), $49.2 billion in Social Security payments, $50 billion in Medicare/Medicaid payments, $31.7 billion in defense payments, and $12.8 billion in unemployment benefits. With $23 billion of the $49.2 billion in Social
Fwd: [BaltimoreActivists] Petition to Sen. Bernie Sanders to run for pres. in 2012
** http://www.sandersforpresident.org/petition-to-senator-sanders/ __._,_.___ Reply to senderr...@kissell.org?subject=Re%3A%20Petition%20to%20Sen%2E%20Bernie%20Sanders%20to%20run%20for%20pres%2E%20in%202012| Reply to groupbaltimoreactivi...@yahoogroups.com?subject=Re%3A%20Petition%20to%20Sen%2E%20Bernie%20Sanders%20to%20run%20for%20pres%2E%20in%202012| Reply via web posthttp://groups.yahoo.com/group/BaltimoreActivists/post;_ylc=X3oDMTJxaWJpdXIzBF9TAzk3MzU5NzE0BGdycElkAzIxNzE3NDgEZ3Jwc3BJZAMxNzA1MTcxNzU1BG1zZ0lkAzE5NDYwBHNlYwNmdHIEc2xrA3JwbHkEc3RpbWUDMTMxMTQ1MTkxMQ--?act=replymessageNum=19460| Start a New Topichttp://groups.yahoo.com/group/BaltimoreActivists/post;_ylc=X3oDMTJlMml0ZWV0BF9TAzk3MzU5NzE0BGdycElkAzIxNzE3NDgEZ3Jwc3BJZAMxNzA1MTcxNzU1BHNlYwNmdHIEc2xrA250cGMEc3RpbWUDMTMxMTQ1MTkxMQ-- Messages in this topichttp://groups.yahoo.com/group/BaltimoreActivists/message/19460;_ylc=X3oDMTM2ZmxtOGppBF9TAzk3MzU5NzE0BGdycElkAzIxNzE3NDgEZ3Jwc3BJZAMxNzA1MTcxNzU1BG1zZ0lkAzE5NDYwBHNlYwNmdHIEc2xrA3Z0cGMEc3RpbWUDMTMxMTQ1MTkxMQR0cGNJZAMxOTQ2MA--( 1) Recent Activity: Visit Your Grouphttp://groups.yahoo.com/group/BaltimoreActivists;_ylc=X3oDMTJlbTFvcjE1BF9TAzk3MzU5NzE0BGdycElkAzIxNzE3NDgEZ3Jwc3BJZAMxNzA1MTcxNzU1BHNlYwN2dGwEc2xrA3ZnaHAEc3RpbWUDMTMxMTQ1MTkxMQ-- To unsubscribe from the BAC list, send an email to: baltimoreactivists-unsubscr...@yahoogroups.com === ACTIVISM IS NOT A SPECTATOR SPORT! GET INVOLVED WITH BAC! http://baltimoreactivists.org BAC Posts and More News on Twitter - @BaltActivists Moderated by Doug Rose / Maintained by Grateful Dread Peace Media DONATIONS GRATEFULLY ACCEPTED! - http://tinyurl.com/2c2khz [image: Yahoo! Groups]http://groups.yahoo.com/;_ylc=X3oDMTJkdnA2b2hkBF9TAzk3NDc2NTkwBGdycElkAzIxNzE3NDgEZ3Jwc3BJZAMxNzA1MTcxNzU1BHNlYwNmdHIEc2xrA2dmcARzdGltZQMxMzExNDUxOTEx Switch to: Text-Onlybaltimoreactivists-traditio...@yahoogroups.com?subject=Change+Delivery+Format:+Traditional, Daily Digestbaltimoreactivists-dig...@yahoogroups.com?subject=Email+Delivery:+Digest• Unsubscribebaltimoreactivists-unsubscr...@yahoogroups.com?subject=Unsubscribe• Terms of Use http://docs.yahoo.com/info/terms/ . __,_._,___ -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Re: Fwd: [BaltimoreActivists] Petition to Sen. Bernie Sanders to run for pres. in 2012
Against Obama? On Jul 31, 10:27 am, Bruce Majors majors.br...@gmail.com wrote: ** http://www.sandersforpresident.org/petition-to-senator-sanders/ __._,_.___ Reply to senderr...@kissell.org?subject=Re%3A%20Petition%20to%20Sen%2E%20Bernie%20Sanders%20to%20run%20for%20pres%2E%20in%202012| Reply to groupbaltimoreactivi...@yahoogroups.com?subject=Re%3A%20Petition%20to%20Sen%2E%20Bernie%20Sanders%20to%20run%20for%20pres%2E%20in%202012| Reply via web posthttp://groups.yahoo.com/group/BaltimoreActivists/post;_ylc=X3oDMTJxaW...| Start a New Topichttp://groups.yahoo.com/group/BaltimoreActivists/post;_ylc=X3oDMTJlMm... Messages in this topichttp://groups.yahoo.com/group/BaltimoreActivists/message/19460;_ylc=X...( 1) Recent Activity: Visit Your Grouphttp://groups.yahoo.com/group/BaltimoreActivists;_ylc=X3oDMTJlbTFvcjE... To unsubscribe from the BAC list, send an email to: baltimoreactivists-unsubscr...@yahoogroups.com === ACTIVISM IS NOT A SPECTATOR SPORT! GET INVOLVED WITH BAC!http://baltimoreactivists.org BAC Posts and More News on Twitter - @BaltActivists Moderated by Doug Rose / Maintained by Grateful Dread Peace Media DONATIONS GRATEFULLY ACCEPTED! -http://tinyurl.com/2c2khz [image: Yahoo! Groups]http://groups.yahoo.com/;_ylc=X3oDMTJkdnA2b2hkBF9TAzk3NDc2NTkwBGdycEl... Switch to: Text-Onlybaltimoreactivists-traditio...@yahoogroups.com?subject=Change+Delivery+Format:+Traditional, Daily Digestbaltimoreactivists-dig...@yahoogroups.com?subject=Email+Delivery:+Digest• Unsubscribebaltimoreactivists-unsubscr...@yahoogroups.com?subject=Unsubscribe• Terms of Use http://docs.yahoo.com/info/terms/ . __,_._,___ -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Re: Is there any comunication on this forum?
Right now this is the only thread on the page that doesn't say, 1 new of 1 On Jul 30, 5:51 pm, Keith In Tampa keithinta...@gmail.com wrote: Hello Lew! The answer is yes. We usually have quite a bit of thoughtful, logical intercourse over on this side of the street. The Moonbats that inhabit Euwetopia fled, because of this. They were not able to gang up like a wolfpack on folks like you, and beat you with hateful, vile spew and misdirected rhetoric. We tend to call them out over here; they hate that, and fled. We do have some ebbs and flows though, and you caught us on a slow week! Keith(Back)InTampa On Sat, Jul 30, 2011 at 1:29 PM, lew lewc...@aol.com wrote: ? -- Thanks for being part of PoliticalForum at Google Groups. For options help seehttp://groups.google.com/group/PoliticalForum * Visit our other community athttp://www.PoliticalForum.com/http://www.politicalforum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.- Hide quoted text - - Show quoted text - -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
What should be done in this case
http://www.sacbee.com/2011/07/31/3806037/california-texas-agencies-all.html -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Fwd: [PAG] Muslims 'JOIN IN THIS BOYCOTT' of all Jew Stuff!!!
Jewish BoycottBrilliant Well done: This may very well end the Muslim problems. A short time ago, Iran 's Supreme Leader Grand Ayatollah Ali Khamenei urged the Muslim World to boycott anything and everything that originates with the Jewish people. In response, Meyer M. Treinkman, a pharmacist, out of the kindness of his heart, offered to assist them in their boycott as follows: Any Muslim who has Syphilis must not be cured by Salvarsan discovered by a Jew, Dr. Ehrlich. He should not even try to find out whether he has Syphilis, because the Wasserman Test is the discovery of a Jew. If a Muslim suspects that he has Gonorrhea, he must not seek diagnosis, because he will be using the method of a Jew named Neissner. A Muslim who has heart disease must not use Digitalis, a discovery by a Jew, Ludwig Traube. Should he suffer with a toothache, he must not use Novocaine, a discovery of the Jews, Widal and Weil. If a Muslim has Diabetes, he must not use Insulin, the result of research by Minkowsky, a Jew. If one has a headache, he must shun Pyramidon and Antypyrin, due to the Jews, Spiro and Ellege. Muslims with convulsions must put up with them because it was a Jew, Oscar Leibreich, who proposed the use of Chloral Hydrate. Arabs must do likewise with their psychic ailments because Freud, father of psychoanalysis, was a Jew. Should a Muslim child get Diphtheria, he must refrain from the Schick reaction which was invented by the Jew, Bella Schick. Muslims should be ready to die in great numbers and must not permit treatment of ear and brain damage, work of Nobel Prize winner, Robert Baram. They should continue to die or remain crippled by Infantile Paralysis because the discoverer of the anti-polio vaccine is a Jew, Jonas Salk. Muslims must refuse to use Streptomycin and continue to die of Tuberculosis because a Jew, Zalman Waxman, invented the wonder drug against this killing disease. Muslim doctors must discard all discoveries and improvements by dermatologist Judas Sehn Benedict, or the lung specialist, Frawnkel, and of many other world renowned Jewish scientists and medical experts. In short, good and loyal Muslims properly and fittingly should remain afflicted with Syphilis, Gonorrhea, Heart Disease, Headaches, Typhus, Diabetes, Mental Disorders, Polio, Convulsions and Tuberculosis and be proud to obey the Islamic boycott. Meanwhile I ask, what medical contributions to the world have the Muslims made? ZIP, ZERO, NADA [Non-text portions of this message have been removed] __._,_.___ Reply to senderarhatafreespe...@yahoo.com?subject=Re%3A%20Muslims%20%27JOIN%20IN%20THIS%20BOYCOTT%27%20of%20all%20Jew%20Stuff%21%21%21| Reply to groupproamericagrassro...@yahoogroups.com?subject=Re%3A%20Muslims%20%27JOIN%20IN%20THIS%20BOYCOTT%27%20of%20all%20Jew%20Stuff%21%21%21| Reply via web posthttp://groups.yahoo.com/group/ProAmericaGrassroots/post;_ylc=X3oDMTJxMHQ0dnEzBF9TAzk3MzU5NzE0BGdycElkAzU1MDkwNDUEZ3Jwc3BJZAMxNzA1NDQ0NDkwBG1zZ0lkAzUwMzA2BHNlYwNmdHIEc2xrA3JwbHkEc3RpbWUDMTMxMjA3MjA0OQ--?act=replymessageNum=50306| Start a New Topichttp://groups.yahoo.com/group/ProAmericaGrassroots/post;_ylc=X3oDMTJlbGRnMGxhBF9TAzk3MzU5NzE0BGdycElkAzU1MDkwNDUEZ3Jwc3BJZAMxNzA1NDQ0NDkwBHNlYwNmdHIEc2xrA250cGMEc3RpbWUDMTMxMjA3MjA0OQ-- Messages in this topichttp://groups.yahoo.com/group/ProAmericaGrassroots/message/50306;_ylc=X3oDMTM2NGY0aWRqBF9TAzk3MzU5NzE0BGdycElkAzU1MDkwNDUEZ3Jwc3BJZAMxNzA1NDQ0NDkwBG1zZ0lkAzUwMzA2BHNlYwNmdHIEc2xrA3Z0cGMEc3RpbWUDMTMxMjA3MjA0OQR0cGNJZAM1MDMwNg--( 1) Recent Activity: Visit Your Grouphttp://groups.yahoo.com/group/ProAmericaGrassroots;_ylc=X3oDMTJlbDZjbDIxBF9TAzk3MzU5NzE0BGdycElkAzU1MDkwNDUEZ3Jwc3BJZAMxNzA1NDQ0NDkwBHNlYwN2dGwEc2xrA3ZnaHAEc3RpbWUDMTMxMjA3MjA0OQ-- To invite someone to this list, have them email: proamericagrassroots-subscr...@yahoogroups.com [image: Yahoo! Groups]http://groups.yahoo.com/;_ylc=X3oDMTJkOWE1MTg3BF9TAzk3MzU5NzE0BGdycElkAzU1MDkwNDUEZ3Jwc3BJZAMxNzA1NDQ0NDkwBHNlYwNmdHIEc2xrA2dmcARzdGltZQMxMzEyMDcyMDQ5 Switch to: Text-Onlyproamericagrassroots-traditio...@yahoogroups.com?subject=Change+Delivery+Format:+Traditional, Daily Digestproamericagrassroots-dig...@yahoogroups.com?subject=Email+Delivery:+Digest• Unsubscribeproamericagrassroots-unsubscr...@yahoogroups.com?subject=Unsubscribe• Terms of Use http://docs.yahoo.com/info/terms/ . __,_._,___ -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Do you agree with this guy? I question his results completely
http://www.nytimes.com/2011/07/31/opinion/sunday/tuning-out-the-democrats.html?nl=todaysheadlinesemc=thab1 -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
U.S. Default NOT the Real Crisis - Cuts in Time of Growing Needs the Real Disaster
While media and politicians have been emphasizing the potential default as the crisis, it really is not and that is very misleading to all concerned. The cuts that are likely to be made will have far more negative impact, and are the real crisis. Far more crisis than default as such. Default being a short term condition, but cuts being long term in their effects. Worse yet, cuts, mean lack of new programs at a time when those are badly needed. That is an even worse crisis. A crisis that would have immeasurable impact on recovery, progress, in fact the entire future of America and the effectiveness of its leading example in the free world. I do not want to belittle the default in saying this, but it has taken excessive precedence, masking the real crisis, which is the drastic shrinking of the budget in a time of increasing need. It could become severe enough, if cuts are as deep as some propose, that some states would be pushed over the brink, and many more people would suffer the deep and lasting consequences. Robert Ezergailis Hamilton, Canada -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
RAMADAN FOR 'infidel' DUMMIES
Ramadan is really CRAM IT DOWN. ** http://barenakedislam.wordpress.com/author/barenakedislam/ RAMADAN FOR 'infidel' DUMMIEShttp://barenakedislam.wordpress.com/2011/07/31/ramadan-for-infidel-dummies/ *barenakedislam http://barenakedislam.wordpress.com/author/barenakedislam/ * | July 31, 2011 at 3:59 AM | Categories: Islam in Americahttp://barenakedislam.wordpress.com/?cat=52721| URL: http://wp.me/peHnV-xCA INFIDEL'S GUIDE to proper etiquette during Ramadan. I expected to see this on muslim websites but not in the Washington Post. Washington Post -In the next few weeks, you may come into work and find your co-worker taking a power nap at 9:30am. At break time, you’ll notice she is missing in the discussion about [...] Read more of this posthttp://barenakedislam.wordpress.com/2011/07/31/ramadan-for-infidel-dummies/ Add a comment to this posthttp://barenakedislam.wordpress.com/2011/07/31/ramadan-for-infidel-dummies/#respond [image: WordPress] WordPress.com http://wordpress.com/ | Thanks for flying with WordPress! Manage Subscriptionshttp://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315demail=baconlard%40gmail.com| Unsubscribehttp://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315demail=baconlard%40gmail.comb=sQR4ydOR%5BeLQRJhZxD2zFKzHUysHPJ.CHqdt%25HhBaTjO1%7CRpx| Publish text, photos, music, and videos by email using our Post by Email http://support.wordpress.com/post-by-email/ feature. *Trouble clicking? Copy and paste this URL into your browser:* http://subscribe.wordpress.com -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Religion of Peace Executes 8-year-old Boy by Hanging
** http://fellowshipofminds.wordpress.com/author/eowyn2/ Religion of Peace Executes 8-year-old Boy by Hanginghttp://fellowshipofminds.wordpress.com/2011/07/30/religion-of-peace-executes-8-year-old-boy-by-hanging/ *Eowyn http://fellowshipofminds.wordpress.com/author/eowyn2/* | July 30, 2011 at 11:41 am | Tags: Afghanistanhttp://fellowshipofminds.wordpress.com/?tag=afghanistan, BNO News http://fellowshipofminds.wordpress.com/?tag=bno-news, Channel6News http://fellowshipofminds.wordpress.com/?tag=channel6news, child murder http://fellowshipofminds.wordpress.com/?tag=child-murder, Islamhttp://fellowshipofminds.wordpress.com/?tag=islam, Taliban http://fellowshipofminds.wordpress.com/?tag=taliban | Categories: Children http://fellowshipofminds.wordpress.com/?cat=34928689, crimehttp://fellowshipofminds.wordpress.com/?cat=34945349, Culture War http://fellowshipofminds.wordpress.com/?cat=20812, God's creation http://fellowshipofminds.wordpress.com/?cat=354016, Islamhttp://fellowshipofminds.wordpress.com/?cat=420, Military http://fellowshipofminds.wordpress.com/?cat=33806753, Religionhttp://fellowshipofminds.wordpress.com/?cat=4983159, Terrorism http://fellowshipofminds.wordpress.com/?cat=35034649 | URL: http://wp.me/pKuKY-8oA Channel6News is a student news station based out of the suburbs of New York, NY. http://fellowshipofminds.files.wordpress.com/2011/07/taliban.jpg On July 23, 2011, Channel6News republishedhttp://channel6newsonline.com/2011/07/taliban-hang-8-year-old-boy-in-southern-afghanistan/this news article from BNO News http://www.bnonews.com/#, a news agencyhttp://en.wikipedia.org/wiki/BNO_Newsbased in Tilburg, the Netherlands. Taliban hang 8-year-old boy in southern Afghanistan KABUL (BNO NEWS) -- Suspected members of the Taliban on Friday hung the 8-year-old son of a local police commander in southern Afghanistan after ordering his father to surrender, according to a news report on Saturday. The Deutsche Presse-Agentur (DPA) news agency reported that the young boy was kidnapped by militants in the Greshk district of Helmand province on Tuesday. They had ordered his father to surrender to the Taliban or else the boy would be executed. The militants had warned his father, who is a local police commander, to surrender with his police vehicle and weapons, otherwise they would kill his son, provincial governor spokesman Daud Ahmadi told DPA. The boy was hung on Friday. While child executions by the Taliban are not common, children often fall victim to Taliban militants when they carry out attacks. But children have also been used by the Taliban as suicide bombers. H/t beloved fellow *Sage_brush*. *~Eowyn* Add a comment to this posthttp://fellowshipofminds.wordpress.com/2011/07/30/religion-of-peace-executes-8-year-old-boy-by-hanging/#respond [image: WordPress] WordPress.com http://wordpress.com/ | Thanks for flying with WordPress! Manage Subscriptionshttp://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315demail=baconlard%40gmail.com| Unsubscribehttp://subscribe.wordpress.com/?key=5d39acfd19218362d540a3fc3dc3315demail=baconlard%40gmail.comb=CdP6Kzx%2CvdAvIPxZ%2CYdk8Y%26pldTWOFpKP1pej6XW9%26NH7OSFt| Publish text, photos, music, and videos by email using our Post by Email http://support.wordpress.com/post-by-email/ feature. *Trouble clicking? Copy and paste this URL into your browser:* http://subscribe.wordpress.com -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Re: Do you agree with this guy? I question his results completely
He is completely delusional. Typical liberal mind-- the complete inability to see the core arguments. Liberals can't argue the underlying philosophical points because they can't even SEE them. It is unbelievable. He is lost in his poll responses which never asked the right questions in the first place. Then he proceeds to misinterpret the results. I guess I should feel hopeful that liberals are so delusional but the fact that these people are constantly looking for more psychological hooks to drag in more sheep should be a real concern. Will we ever have an actual debate over the core issues? Not likely. Not with people like him. Not with liberals. It is like showing a card trick to a dog. Have you noticed that liberals suck at arguing? I have. It sure shows on this board doesn't it? (at minimum). I can boil down the liberal philosophy in two sentences: The ends justify the means What are our ends? Our NEEDS That is it, that is all there is to it. Analyze any liberal argument and those two sentences will emerge, spelled out in the dried crusty brown powder of their entire philosophy. On Jul 31, 8:17 am, dick thompson rhomp2...@earthlink.net wrote: http://www.nytimes.com/2011/07/31/opinion/sunday/tuning-out-the-democ... -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
[Fwd: News Alert: Senate Blocks Reid's Debt Ceiling Bill]
They will blame the Republicans but there are more than 50 Dems so the blame is shared with the Dems as well. Guess the plan was not all that good, -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. ---BeginMessage--- Breaking News Alert The New York Times Sunday, July 31, 2011 -- 1:36 PM EDT - Senate Blocks Reid’s Debt Ceiling Bill As last-ditch budget talks between top Congressional Republicans and President Obama continued on Sunday, Senator Harry Reid, the majority leader, convened the Senate at noon, then moved to a symbolic procedural vote on his own proposal for raising the debt ceiling. Senate Republicans have been filibustering that plan, which House Republicans rejected on Saturday, and the procedural vote on breaking the filibuster fell 10 votes short of the 60 votes needed under Senate rules. Read More: http://www.nytimes.com/2011/08/01/us/politics/01FISCAL.html?emc=na About This E-Mail You received this message because you are signed up to receive breaking news alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2011 The New York Times Company ---End Message---
Re: U.S. Default NOT the Real Crisis - Cuts in Time of Growing Needs the Real Disaster
On Jul 31, 8:41 am, Morpheal morpheal.producti...@yahoo.com wrote: While media and politicians have been emphasizing the potential default as the crisis, it really is not and that is very misleading to all concerned. What about 15 trillion dollars in debt do you find misleading? The cuts that are likely to be made will have far more negative impact, and are the real crisis. Nothing is free, everything costs money. I can't believe I have to explain this. What is worse is you still won't understand. Default being a short term condition, but cuts being long term in their effects. We can HOPE, but don't hold your breath. (On second thought, hold your breath, this world is harmed by people like you who have no concept of money.) Worse yet, cuts mean lack of new programs at a time when those are badly needed. You and your needs. Needs, needs, needs. How about paying for them yourself? Unthinkable concept? That is an even worse crisis. I know! The real crisis is people like you who don't care about cost, or money, or debt, or ANYTHING except needs. A crisis that would have immeasurable impact on recovery, progress, in fact the entire future of America and the effectiveness of its leading example in the free world. You better start paying attention to debt. It is important. What do you do when you run out of money? I am really curious. I do not want to belittle the default in saying this, but it has taken excessive precedence, masking the real crisis, which is the drastic shrinking of the budget in a time of increasing need. So basically what you are saying is we should go into even MORE debt. Brilliant thinking! It could become severe enough, if cuts are as deep as some propose, that some states would be pushed over the brink, and many more people would suffer the deep and lasting consequences. Hello? If we don't deal with the debt you will see far worse consequences Robert Ezergailis Hamilton, Canada Robert, it is none of your business. Why do you care? You just keep sucking off your government teat while there is still milk in the bottle. Someday you will grasp the concept of money and debt the hard way. -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
Re: Is there any comunication on this forum?
On Jul 30, 10:29 am, lew lewc...@aol.com wrote: ? Not much, sadly. You could do your part and provide some? -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
An important message about the debt crisis
http://dailybail.com/home/its-time-to-close-the-national-money-hole.html?utm _source=feedburnerutm_medium=emailutm_campaign=Feed%3A+TheDailyBail+%28The +Daily+Bail%29 -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
[Fwd: Breaking News Alert: Debt deal reached]
Be interesting to see how this is all presented by the media -- Thanks for being part of PoliticalForum at Google Groups. For options help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. ---BeginMessage--- President Barack Obama and Republican congressional leaders reached agreement Sunday night on a compromise to permit vital US borrowing by the Treasury in exchange for long-term spending cuts. No votes are expected in either house of Congress until Monday at the earliest. To read more, visit http://www.boston.com To automatically unsubscribe to this list: send a blank message to unsub-260611-2...@unsub.boston.com To manage all of your Boston.com e-mails: visit the Boston.com Member Center or e-mail feedb...@boston.com. Mailing address: Boston.com E-mail Administrator, 135 Morrissey Blvd.,Boston, MA 02125. ---End Message--- ---BeginMessage--- Breaking News Alert The New York Times Sunday, July 31, 2011 -- 8:45 PM EDT - Congressional Leaders Have Agreement Framework Deal on Debt; Will Present Deal to Party Members on Monday The Democratic and Republican leaders of the Senate announced Sunday night that they had reached a deal to raise the nation’s debt ceiling and avert a default. President Obama spoke moments later at the White House, telling reporters that “the leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid a default.” “My message to the world tonight is that this nation and this Congress are moving forward and we are moving forward together,” Senator Harry Reid of Nevada said from the floor of the Senate. Senator Mitch McConnell of Kentucky, the Republican leader, said, “There is now a framework to review that will ensure significant cuts in Washington’s spending.” The announcement came even as House Speaker John A. Boehner was holding a conference call with his Republican members. Read More: http://www.nytimes.com/?emc=na About This E-Mail You received this message because you are signed up to receive breaking news alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2011 The New York Times Company ---End Message--- ---BeginMessage--- July 31, 2011 President Obama, Congress reach a debt deal WASHINGTON (AP) - Ending a perilous stalemate, President Barack Obama announced agreement Sunday night with Republican congressional leaders on a compromise to avoid the nation's first-ever financial default. The deal would cut more than $2 trillion from federal spending over a decade. Default would have had a devastating effect on our economy, Obama said at the White House, relaying the news to the American people and financial markets around the world. He thanked the leaders of both parties. No votes were expected in either house of Congress until Monday at the earliest, to give rank-and-file lawmakers time to review the package. For the latest news on this story, visit http://www.wrko.com. Be sure to tune in to WRKO for reaction. For breaking news alerts sent directly to your mobile phone, text ALERTS to 680680 (message and data rates may apply). Click here for more information on WRKO's mobile alerts: http://www.wrko.com/textalerts. React: Listen live to WRKO: http://www.wrko.com/listenlive WRKO on Facebook: http://www.facebook.com/WRKO680 WRKO on Twitter: http://www.twitter.com/WRKO680 AM 680 WRKO's Audio Podcasts Do you have an iPod? If so, you need to subscribe to WRKO's Audio Podcasts in the iTunes Store. Click on the name of the show below to subscribe right now! Tom and Todd: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=363266594 Lunch Money with Barry Armstrong: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=392999759 Michele McPhee: http://itunes.apple.com/us/podcast/michele-mcphee/id415717900 The Howie Carr Show: http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=363266551 Chump Line: http://itunes.apple.com/us/podcast/howie-carr-show-chump-line/id413326259 Weekend Shows: http://itunes.apple.com/us/podcast/weekend-shows/id413719681 Don't have an iPod, but you do have a different type of MP3 player? No problem! Simply click below to subscribe to the podcast feeds from all your favorite WRKO shows. Tom and Todd: http://audio.wrko.com/hosting/feed/109858/rss.xml Lunch Money with Barry Armstrong: http://audio.wrko.com/hosting/feed/1611308/rss.xml Michele McPhee: http://audio.wrko.com/hosting/feed/1615189/rss.xml The Howie Carr Show : http://audio.wrko.com/hosting/feed/3650/rss.xml Chump Line: http://audio.wrko.com/hosting/feed/1614780/rss.xml Weekend Shows:
