Still no deal on the debt.

[Armistead]

Doesn't look good. Obama gave even more, but the GOP seem to be firm on no taxes regardless. Seems to me the GOP wants the default.

I have friends that work construction projects for the government, many know they won't get paid on jobs or limited amounts.

The stupid politics will put us in a worse recession.

[krashkart]

Aye, it is not a healthy process at this point. The way things are going we won't have to worry about enemies abroad bringing us to our knees -- Washington already has that part covered. :nope:

[Takeda Shingen]

The two-party monolith has failed long ago. This current crisis should come as surprise to no one.

[krashkart]

Comes as a bit of a surprise to me -- I'm emerging from the foggy illusion.

"Welcome to reality, krashkart. Spare some change for a derelict superpower?" :DL

[Ducimus]

It's all or nothing for the GOP i guess.
http://www.cnn.com/2011/POLITICS/07/22/debt.talks/index.html?hpt=hp_c1

[Platapus]

I bet there is already a deal and at the last moment, it will "suddenly" be approved.

I see this as nothing but both sides playing their little games. :yep:

[Growler]

What I see is both sides playing partisan politics until the bitter end, at which point they'll ramrod some bullstuff through "for our own good" - which we all know will be anything but - and then off for a break with their nice fat professional politician salaries, while the rest of us are left holding the "stuffy"-end of the stick.

[Skybird]

I bet there is already a deal and at the last moment, it will "suddenly" be approved.

I see this as nothing but both sides playing their little games. :yep:
Possible, though not certain, but it nevertheless does damage, and the Tea Party within the Rep camp is a big problem for the Reps, for they will hate for sure any compromise and call it "weakness", and are interested in maximsiing the damage to Obama AT ALL COSTS for the national interests. They are fanatic extremists, not intellectual, but highly emotional, and thus: irrational.

Everybody is noticing ther acting and behavior of government and opposition - and if he/she is still sane he/she will ask himself whether or not he/she wants to do business and negotiate deals with representatives of this system, or whether he/she wouldn't be better off to avoid them like the plague.

Trustworthiness is a currency. And America has wasted it since longer time, but currently increasing the wasting unnecessarily.

[Stealth Hunter]

Heh- since Boenher just walked away from the debt talks, I thought of the perfect news headline: "Boehner Pulls Out - Debt Talks Collapse" :haha:

[Armistead]

I think at best they'll come up with a short term solution that will extend the budget to the next election, but I bet we lose our rating and interest rates go up. All over corporations paying a lil more taxes through the removal of some loopholes. I get tired of the GOP line, lower corporate taxes so it will create jobs. The last tax holiday we gave them they used the profits to buy stock and invest overseas and actually laid off more workers. Any decent study I've seen shows with extra profit the only jobs they will create will be overseas. Bush lowered their taxes greatly, it didn't create any jobs, the fake housing market gave us the boom.

Still, the Teaparty of religious radicals still talk let it happen unless they get a balanced budget admend. Sounds good in theory, but it could be our ruin under certain circumstance and don't ever see it passing all the states. Seems the Teaparty wants to take over, force religion down our throats and they destroy the world and call it "signs of end times."