The House passed a debt ceiling package and a Senate vote is up next. Joe Biden says jobs will finally be a priority and president Obama seems ready to cut social security and medicare next. Cenk Uygur breaks it down. The Largest Online News Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com Subscribe: bit.ly
Posts Tagged ‘ House ’
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House Speaker John Boehner (R-OH) held a news conference at the Capitol to talk about how the White House’s insistence on raising taxes led to a breakdown in discussions over increasing the debt limit. In a letter to colleagues, Boehner announced he would instead work with congressional leaders of both parties to pursue legislation that avoids default, reflects the will of the American people, and is consistent with the principles of the Cut, Cap, & Balance Act that passed the House with bipartisan support.
You will find your self singing this tune on your way to work, in the elevator, etc Like the Original School House Rocks it is a catchy song that helps you learn history. Abreviated and maybe not 100% accurate but at least you remember something right. To help you out, here are the lyrics to help you sing along. TOUR GUIDE: To your left, folks, is the Washington Monument, to your right, the White House. And over there, just beyond the Capitol, is the National Debt! TOURISTS: Oooo! Wow! There’s something huge Red, white, and blue That’s grazing in DC It’s gobbling up the taxes That are paid by you and me It doesn’t seem to notice We really can’t afford The billions that it’s costing us To pay its room and board It doesn’t roam But seems content To dwell on Capitol Hill As long as trucks keep pulling up With tons of green-back bills We’ve got to feed the big guy We really can’t forget It has an awesome appetite Tyrannosaurus Debt TOUR GUIDE: The debt was born in 1790 when our new government took over 75 million the colonies spent in the Revolutionary War. We’ve got to feed the monster So it doesn’t get upset It’s got an awesome appetite Tyrannosaurus Debt TOUR GUIDE: Alexander Hamilton, our first Secretary of the Treasury (he’s on the 10, you know), wanted a federal debt to provide a reason to establish taxes to support our new nation. The debt was young, they kept it small They didn’t know back then In 1812 another war would make it grow again By ’66 the Civil War had cost …
From the archives: Churchill receives instructions from David Bellamy on caring for his plants whilst he’s away! Ad ran from 5 July 2010 – 4 January 2011. Please note, the offer featured in this ad may no longer be valid. Please visit www.churchill.com for current deals.
One of the side effects of the subprime mortgage cycle we just went through is that many very solid loan programs went unnoticed and unused because there were “easier” options out there. Now with the disappearance of said subprime loans these “old faithful” loan programs are coming back. One of the best ones to resurface in recent weeks is the Rural Development Loan. The loan was designed to entice home buyers to move into rural, undeveloped areas to buy a new home. They created a government backed loan (meaning the bank is not taking the risk) that is truly zero down and does not have private mortgage insurance (PMI) on it. The rates are very comparable to FHA or conventional rates (6.5%) at the time I am writing this. You will be able to afford about $30000 more in house for the same payment simply due to the fact that there is no PMI. Did you catch the part of about zero down; it is not a typo this loan requires zero down to get into it. So you may be saying it is too good to be true, and asking what is the catch. Well I would be lying if I said that you were wrong about that. But the catches really aren’t that bad. There is an income limit to how much you can make to get a loan like this. It will depend on the size of your family and if you pay child support or not, but for example a family of four in King County is capped at $88400 so it is not too restrictive. The biggest restriction is you have to purchase in areas that the classifies as rural. Now I know what you …
FUNNY! This clip is focused on Rep. Michael Capuano who rips into America’s biggest bankers for all the risky investment vehicles they created and lost huge sums of money on. No mention if Mr. Capuano was involved in the de-regulation that led to the creation of those financial instruments. Do you know? Details please! Executives from the financial institutions who received funds from the $700 billion banking bailout faced their critics on the House Financial Services Committee on Wednesday February 11, 2009 in Washington. The chief executives at the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo.
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Obaid Karki An Outcast Underdog Libertarian Diogenesist Kabbalist Spinoziste Qutbist Pantheon Hexalingual Automath Former UAE Under Secretary Independent Street-Knowledge Urban Talking-head. Unaffiliated to a State, an Organized Religion Group, a Sect or a Kin and an Anti Tribal Gentile. Every phrase is an earnest verdict. Thats my bio. If you dont agree with me thats an honor. It is immoral to appease to please. My word hurts big time because it is quality of a moment of truth US Conspiracism is a Grassroot Religion alas belief masterminded by the Establishment to Worthy the Worthless. This in-thing is sold as Partisanship to the Unemployables for free. Its the Disneyfication of the Mass to glorify a Legacy of Ghosts as Rothchild, Bilderberg, English royalty etc. Neither Mainstream Media & nor Hollywood or the Publisher’s Clan would be outsourced to such task simply because they are assigned to edutain the Untalentable Aristocrat Urban Parasites. AIG American International Group, Inc. (NYSE) Google Finance Yahoo Finance MSN Money AOL Finance CNN Money Reuters 3.51 0.36 ( 9.30%) 7 Oct 4:00pm ET Open: 4.22 High: 4.22 Low: 3.51 Volume: 90285327 Avg Vol: 218654000 Mkt Cap: 9.44B Disclaimer After Hours: 3.54 +0.03 (0.85%) 7 Oct 7:59pm ET Crisis strengthens Manulife’s hand in AIG bid Manulife and other insurers are expected to bid for AIG divisions as early as this week, they said. The American insurance giant is under pressure to sell Former AIG Executives Get Harsh Criticism …