Debt Limit Issue

Debt Limit Bill Passes House Of Representatives 314-117!

Ronald 1 Comment

The US House of Representatives has passed the Debt Limit legislation to avoid default, by a vote of 314-117, with one third of the Republican majority voting against, and about one fourth of the Democratic minority voting against.

149 Republicans and 165 Democrats voted for the legislation, and 71 Republicans and 46 Democrats voted against the legislation.

So fundamentally, the centrists in both parties did what had to be done, while many members of the Republican House Freedom Caucus and of the Democratic House Progressive Caucus registered their opposition to the legislation.

Overall, it is a good piece of legislation, and saves the nation from dealing with this matter until after the next Presidential and Congressional elections in 2024.

Now the legislation goes to the Senate, where it could be held up by reckless members of the Republican Party, who love to gain attention by being outrageous!

The Torment Of John Boehner: Tea Party House Caucus Vs. His Catholic Faith

Ronald 2 Comments

Speaker of the House John Boehner is playing “hardball” in regards to budget cuts, trying to please the Tea Party Caucus in the House of Representatives.

At the same time, the Catholic practicing Boehner is facing severe, vehement opposition from Catholic scholars and activists, including clergy, who accuse him of working against the poor, the sick, the elderly, and therefore defying Church teachings.

So Boehner is between the proverbial “devil and the deep blue sea”!

No matter what he says or does, he engenders strong, insistent opposition that undermines his leadership. He does not seem to be a “happy camper”, as he attempts to negotiate the minefield of keeping the Republican Party on message, and yet not coming across as mean, nasty, hard hearted, uncaring, as that not only affects his relationship with fellow Catholics, but with the general public, which clearly does not want massive budget cuts in the trillions of dollars, as Boehner is advocating and demanding for a budget deal to avoid a debt limit crisis this summer.

The Irony Of Oil Industry Subsidies And Jay Rockefeller

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About a week ago, the five major oil company executives appeared before a Senate committee to defend their right to retain government tax breaks, despite all time profits in the industry, as oil and gasoline prices continue to rise.

There was outrage that the executives, or at least the Conoco Phillips CEO, said it was “UnAmerican” to take away the billions of dollars of subsidies, at a time of budget deficits and the nation on the brink of a showdown on raising the debt limit.

Particularly notable was the condemnation of the industry leaders by Democratic Senator Jay Rockefeller of West Virginia, whose great grandfather was the original oil baron, John D. Rockefeller, the so called “Robber Baron” of the late 19th and early 20th century!

It was a wonder to behold Senator Rockefeller being outraged at the abuses of the industry! It brought back memories of the Gilded Age of the late 19th century, which so much resembles what has been going on in America since the Age of Ronald Reagan in the 1980s!