Page 15 - August 2011 News Today

Two and a half hour discussion about it, open mic, a very, very good open discussion from all philosophies of our conference. we med again a couple hours later and reached the conclusion if we were unable to amend this bill, then it was best to pass it because of market considerations and the economy in general. but we all know that in two months were going to have this same drama unfold again, and it wont be any different than the place we were in in august 2011 when we created this whole seque...

Call to donors. we had 20 republican debates. it was absolutely nuts. and then the tone was set early. the august 2011 debate when they were assembled on stage, showed their intransigence on taxes. lets listen. >> say you had a deal. 10-1, as byron said. speaker, youre already shaking your head. but who, on this stage, would walk away from that deal? when you raise your hand if you just feel so strongly about not raising taxes, youd walk away on the 10 to 1 deal. >> joining ne right now to revie...

Then move on to the general election. mitt romney summed up the g oor gop primary season. we had 20 republican debates. that was absolutely nuts. and nen in the august, 2011 debate, when the candidates assembled on stage showed their intransigence on the issue of raising taxes. watch him go to work here. lets listen. >> im going to ask a question to everyone here on the stage. say you had a deal, a real spending cuts deal. 10 to 1, as byru byron said. speaker, youre already shaking your head. bu...

We will start with the highlights, the low lights, and then move on to the general election. mitt romney summed up the primary season in an infamous call to donors. we had 20 republican debates. it was absolutely nuts. and then the tone was set early. the august 2011 debate when they were assembled on stage, showed their intransigence on taxes. watch grover norquists people go to work here. lets listen. >> im going to ask a question to everybody on the stage. say you had a deal, a real spending ...

Scheduled to increase on january 1. if you look at how negotiations are going, it looks like its going to happen. the typical familys taxes by $1,000 over the course of a year. >> the final one, we are talking debt ceiling. you think the fiscal cliff thing is bad for the economy. you wait and see if they cant get the debt ceiling worked out. >> right. its one thing to go over the fiscal cliff. that would be bad. we dont want to it happen. a recession may happen. it would be unfortunate. its diff...

Lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter cant pay the bills unless congress raises the limit. >> with a new congress in january we need to revisit an finally give ourselves the determination to solve not only our short-term debt but the long-term debt. >> they raised the debt limit 11 times in a decade. most recently in august 2011 after a bruising political fight. democrats accuse republicans of using the debt limit as political "lever...

May not play well, it and it may not help republicans at the ballot box in 2014. what is the conventional wisdom emerging in washington right now from republicans or? >> the conventional wisdom emerging from republicans is oh, boy. they now realize and understand the magnitude of the situation. the bleep was somehow at the end, a magic solution will present itself. it would get everybody out of this tuition. it would be like what we saw, the same device that created the fiscal cliff. sequestrati...

Takeaway on this and you put it into perspective, somebody leaked something they shouldnt have leaked to the film-makers of this movie. >> yeah. we have unsurfaced solid evidence i believe what was charged back in august 2011, when representative peter king pressed this issue for this investigation. it appears member of seal team six name was released to the hollywood producers. the name of a currently serving seal team six commander. doesnt sound he was on the raid to bin laden but was able to ...

Of thousands of charities in this country. again as i say, which ron didnt respond to, this party that has paraded around, the party that wants to rein in government spending, they are unable to identify any changes in medicare or entitlement spending which shows the tea party at its core was a phoney, phoney movement. >> joy, its interesting to hear ron referring to august 2011 because a number of refers appear to have forgotten something happened in november 2012 called a presidential election...

>> youre saying now that the president should outline the cuts because nobody is going the table to say this has to come off. >> the president has to come up with a reasonable solution that sells. >> why should he if he can blame the republicans? >> at the end of the day, its the era of this president. no one remembers who the speaker was during the depression. >> right. sounds like august 2011, the republicans took a beating over what happened. guess who really paid the price? the president of ...