Sequestration... Get ready. - Page 6 - PeachParts Mercedes-Benz Forum

raymr · #76 02-25-2013, 10:42 AM

Quote:

Originally Posted by dynalow

My hunch is that a great number of under-30 Obama supporters will be little affected by this sequester. So, the drum beating the President is doing is largely fallling on deaf ears.After all, look how little hoopla accompanied the end of the payroll tax reduced rate on Jan.1. When the world doesn't end on Saturday, does Obama's stock drop?

Or does he get to claim credit for it?
After all, he owns Sequestration. Bob Woodward tells us so.

Bob Woodward: Obama owns sequestration - Kevin Cirilli - POLITICO.com

Woodward continued: “Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid [D-Nev.]. They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved.”

It's true Obama will own it, but he doesn't have a reelection to worry about. We'll see how far the love goes.

SwampYankee · #77 02-25-2013, 11:41 AM

Quote:

Originally Posted by raymr

This week, everyone at work had to sign papers acknowledging their 30 day notice of 1 day per week furlough. That's a 20% pay cut. All contractors over 2-deep coverage will probably be let go as well.

Believe you me when I say I don't want to see anyone lose their job or see their livelihoods effected. But I can say, if it does come to fruition, you find ways to adapt.

As a result of this $h!t economy, I've cut my pay the last two years 25% from '10 level (my brother's and our CFO's as well) to better our company's financial position without affecting our employees any more than their increased healthcare costs already have. I don't have the option of just printing more money, without getting thrown in jail, and my bank has limits on how much it wants to loan us. I'd love to completely ignore Generally Accepted Accounting Principals as well, but that would very likely get me into an unfavorable position with the IRS.

It sucks but we've found a way. As a result, if and when things do turn around, we'll be taking a larger portion of those profits as compensation. Being evil capitalists and all.

Skid Row Joe · #78 02-25-2013, 12:40 PM

Quote:

Originally Posted by SwampYankee

Does anyone actually believe that the Republicans won't cave again?

I'd like to believe they won't, as I still believe it can be a BIG win for holding the line for the American public that want cuts.

dynalow · #79 02-25-2013, 02:15 PM

Quote:

Originally Posted by Skid Row Joe

I'd like to believe they won't, as I still believe it can be a BIG win for holding the line for the American public that want cuts.

This!

Botnst · #80 02-25-2013, 02:18 PM

It's somebody else' fault according to The new Teflon President.

pj67coll · #81 02-25-2013, 02:18 PM

Quote:

Originally Posted by Skid Row Joe

I'd like to believe they won't, as I still believe it can be a BIG win for holding the line for the American public that want cuts.

The American Public? You mean a few old white folks sitting on piles of money.

- Peter.

Brian Carlton · #82 02-25-2013, 02:20 PM

Quote:

Originally Posted by pj67coll

The American Public? You mean a few old white folks sitting on piles of money.

- Peter.

The folks that actually earn a living and pay for all goods and services out of their own pockets.

There are about 100M of them, at last count.

Skid Row Joe · #83 02-25-2013, 02:33 PM

Quote:

Originally Posted by Brian Carlton

The folks that actually earn a living and pay for all goods and services out of their own pockets.

There are about 100M of them, at last count.

Precisely.....

MS Fowler · #84 02-25-2013, 02:58 PM

I find it appalling when any criticism of the President is simply ridiculed as either racially based, or class warfare.
Can we no longer discuss issues?

Skid Row Joe · #85 02-25-2013, 03:04 PM

Quote:

Originally Posted by MS Fowler

I find it appalling when any criticism of the President is simply ridiculed as either racially based, or class warfare.
Can we no longer discuss issues?

That's kind of where it's at. The President could change that politically based rhetoric out there, if/provided he wanted to, but unfortunately I don't see that happening.

It's rather easy to identify those that are racists by what they say and write. Without racism, they have nothing else in their bag of tricks to use. I pity them.

cmac2012 · #86 02-25-2013, 03:22 PM

pj67coll · #87 02-25-2013, 04:30 PM

Quote:

Originally Posted by Brian Carlton

The folks that actually earn a living and pay for all goods and services out of their own pockets.

There are about 100M of them, at last count.

Really, who counted them?

- Peter.