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CBC Budget Proposal Includes $16B for H.R. 589

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Re: CBC Budget Proposal Includes $16B for H.R. 589

Post by unemployed2long/1208 on Tue May 31, 2011 5:25 am

http://www.unemployed-friends2.org/t2465-senate-off-again#27116
senate schedule



http://www.unemployed-friends2.org/t842-112th-congress-2011-house-of-representatives-legislative-calendar
house schedule


http://www.democraticwhip.gov/sites/default/files/documents/2011Calendar.pdf
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Re: CBC Budget Proposal Includes $16B for H.R. 589

Post by Exhausted99er on Tue May 31, 2011 9:15 am

unemployed2long/1208 wrote:http://www.unemployed-friends2.org/t2465-senate-off-again#27116
senate schedule



http://www.unemployed-friends2.org/t842-112th-congress-2011-house-of-representatives-legislative-calendar
house schedule


http://www.democraticwhip.gov/sites/default/files/documents/2011Calendar.pdf

Please note: The above information is incorrect. "http://www.unemployed-friends2.org/t2465-senate-off-again#27116
senate schedule" IS NOT THE SENATE SCHEDULE. This is only a thread discussing Congressional schedules.

Information for the 112th Congress House Schedule can be found here:

http://www.democraticwhip.gov/sites/default/files/documents/2011Calendar.pdf

Senate Schedule:

http://www.senate.gov/pagelayout/legislative/one_item_and_teasers/2011_schedule.htm

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Re: CBC Budget Proposal Includes $16B for H.R. 589

Post by truth on Fri Jun 03, 2011 3:34 am

theend wrote:If china decides to not loan us anymore money or if the IMF( the IMF guy that got busted was talking about it) or OPEQ decides to replace the US Dollar as the worlds reserve currency. None of this will matter. These are things that could happen and have been talked about around the world , just not here(its not on our news).The value of the US Dollar is what keeps it as the worlds reserve currency, its been loosing value against other currency's real fast(because of our debit).Read about whats happening in Greece, thats what happens when your currency isnt the world reserve and you have huge debit and trade deficit.Your money becomes worthless. Inflation goes nuts, this is real its not a scam. The US has never been in this deep of do do in it life.Tim Geithner isnt Allan Greenspan one mistake and timmy can make the whole house fall. Yesterday I saw the UN is now talking about value of the US Dollar. http://www.reuters.com/article/2011/05/25/us-economy-un-idUSTRE74O6EI20110525

Thank God Geithner is no Greenspan. That old fool is in large measure responsible for the Great Recession. As for the dollar being the world's primary reserve currency, I can't see that happening before we are all dead, and it will have nothing to do with our current or future debt. Even if it happens, it won't be the end of the U.S. By the way, the bulk of the debt is owned by Americans not the Chinese.

One more thing. The problems in Greece have nothing to do with its money not being the world's reserve currency. Greece's problem is that its debt is denominated in euros, a currency over which Greece (unlike the US) has no control. Greece is like a household, or a city, or a state. Countries like the US, Canada, Australia, China, etc. are not limited in such control, unless they are foolish enough to peg their currencies to another country's currency. Countries that attempt to do that usually end up in a big mess.

The hypocritical GOP* deficit hysteria is bogus through and through. It is designed to fool people into accepting their "extremist right-wing social engineering"** and further tax cuts for the rich. Be not deceived. Know your enemy.

*Yes, I know. "Hypocritical GOP" is redundant.
** Thanks, Newt. Sorry your right-wing friends suddenly hate you for your truthful slip-up

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Re: CBC Budget Proposal Includes $16B for H.R. 589

Post by truth on Fri Jun 03, 2011 3:50 am

What will replace the dollar as the world's premium currency? The euro? The EU is imploding. The yuan? Does anyone in their right mind trust the Chinese? The yen? Uh, earthquake, nuclear meltdown, crappy, unsafe cars. The pound? The days of "Rule Britannia" are LONG gone. Nice weddings though. What's next in line? Somebody's peso?

The US is so da** lucky. The dollar is the world's gold, and we own all the mines. Of course, in fiscal matters, we have to be prudent. That's always the best policy in all things, but part of that prudence as applied to fiscal matters is not whipping up senseless hysteria, the real goal of which has absolutely nothing to do with the budget and everything to do with a wild demolition of our long-standing safety net, the very mark of a civilized society.

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Re: CBC Budget Proposal Includes $16B for H.R. 589

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