Ted Cruz calls them out on the floor

[1ViciousGSX]

A must watch!


http://www.youtube.com/watch?v=eu77aiLXTNQ&hd=1

And he it 100% correct!

[jeremy1375]

Looks like Cruz isn't fitting in well with the group. I bet it's one of those empty chamber CSPAN grandstand speeches.

With Trump bashing Bush, Perry, Graham and friends, and Cruz on the outs and bashing the mainstream Senators, the Republican party appears to be dividing against itself.

[1ViciousGSX]

Not sure about the chamber being empty or not, but it's the message that matters,..... Not sure why that's funny to you? Do you not care that what he said was 100% true? Did you watch all of it?

If more people like Trump and Cruz would stand their ground, you'd see a much different animal in Washington.

[jeremy1375]

I don't know what transpired between McConnell and Cruz. It may be that Cruz was in the right, it may also be that he's being shut out for some transgression also. There's no possible way to know for sure what's going on behind the scenes.

Who said that it was 100% true? He did say that voters showed up in huge numbers in the 2014 election that gave the senate a republican majority. In truth, that election had the smallest turnout of any election in 70 years. Mid term elections don't necessarily mean much. The 2016 election will tell if Republicans get any type of mandate.

The empty chamber speeches are funny to me because nobody that he's calling out is there to hear it. It's all for media attention and posturing for the presidential run.

Trump gave up Lindsey Graham's phone number. He's unprofessional and undiplomatic and has no business running a country. Cruz is an idealist which never pans out either.

[1ViciousGSX]

Originally Posted by jeremy1375

I don't know what transpired between McConnell and Cruz. It may be that Cruz was in the right, it may also be that he's being shut out for some transgression also. There's no possible way to know for sure what's going on behind the scenes.

Who said that it was 100% true? He did say that voters showed up in huge numbers in the 2014 election that gave the senate a republican majority. In truth, that election had the smallest turnout of any election in 70 years. Mid term elections don't necessarily mean much. The 2016 election will tell if Republicans get any type of mandate.

The empty chamber speeches are funny to me because nobody that he's calling out is there to hear it. It's all for media attention and posturing for the presidential run.

Trump gave up Lindsey Graham's phone number. He's unprofessional and undiplomatic and has no business running a country. Cruz is an idealist which never pans out either.

See, there's the problem. You're more caught up in the "messenger" than what the message is. Did you watch all of it? I'll guess probably not.

What he's pointing to is the outright lies made by the Republican leader to get the Republican votes to fund the IN/EX Bank again. He's 100% right that we control both houses and yet it still looks like the Dems are in charge.

You are completely missing the point of why Trump's surging in the polls. Do you really think Trump is where he is today because he's "unprofessional and undiplomatic"? The man handles huge business deals with some of the most wealthy, privileged and influential people on the planet. And business is what makes this country work for everybody, not some left wing ideology.

[SlowWhite]

If rand paul doesnt have a shot, trumps my 2nd choice. I've had enough of the democratic and republican parties they've both destroyed this country. And its time someone who isn't a politician to get into office.

I loved having Ventura in office - first time I ever got a tax refund. And he definetely spoke his mind over playing it safe in fear of loosing votes.

And to me that's what I see in trump. He could care less about politically correct crap. Calls it as he sees it. And we all know he can definetely figure out ways to make money. And since obama absolutely sky rocketed out national debt. Trump hopefully should be able to do something about it.

[jeremy1375]

Trumps' corporation has filed bankruptcy four times. I recall years ago after one of them on Letterman... He said he got back on his feet through multi-level marketing. Multiple bankruptcies is a pretty good indication that he makes high risk bets.

He had a millionaire father to get him started as well as assist him through his struggles.

I guess if you call multiple bankruptcies and a rich daddy success, Trump is the man.

[jeremy1375]

I guess Trump already understands what it means to get a bailout. As president he can use his experience to offer all businesses bailouts if they fail. Trump = same shit, different day.

http://articles.chicagotribune.com/1...e-hotel-casino

[jeremy1375]

Originally Posted by 1ViciousGSX

See, there's the problem. You're more caught up in the "messenger" than what the message is. Did you watch all of it? I'll guess probably not.

What he's pointing to is the outright lies made by the Republican leader to get the Republican votes to fund the IN/EX Bank again. He's 100% right that we control both houses and yet it still looks like the Dems are in charge.

You are completely missing the point of why Trump's surging in the polls. Do you really think Trump is where he is today because he's "unprofessional and undiplomatic"? The man handles huge business deals with some of the most wealthy, privileged and influential people on the planet. And business is what makes this country work for everybody, not some left wing ideology.

I decided to give you the benefit of the doubt and watch the whole thing. I absolutely cringe at the outright hypocrisy of Cruz. He uses corporate cronyism as his excuse all the while he is MARRIED TO A MANAGING DIRECTOR OF GOLDMAN SACHS! His wife was a Vice President there during the crash and during their $10 BILLION BAILOUT.

He's part of what he's calling a problem. Who the fuck knows if the import/export bank is bad, I sure don't. Maybe it is, maybe it's not. I would bet though that getting rid of it would benefit Goldman Sachs.

You do realize that dems are still in control, right? Do you know why? It's because Obama can veto any bill that comes in front of him. If Congress truly want to pass a bill, they have to make sure it's one he'll sign. A veto override requires each chamber to vote again and 2/3rd's need to be in favor for it to pass.

[SlowWhite]

Originally Posted by jeremy1375

I decided to give you the benefit of the doubt and watch the whole thing. I absolutely cringe at the outright hypocrisy of Cruz. He uses corporate cronyism as his excuse all the while he is MARRIED TO A MANAGING DIRECTOR OF GOLDMAN SACHS! His wife was a Vice President there during the crash and during their $10 BILLION BAILOUT.

He's part of what he's calling a problem. Who the fuck knows if the import/export bank is bad, I sure don't. Maybe it is, maybe it's not. I would bet though that getting rid of it would benefit Goldman Sachs.

You do realize that dems are still in control, right? Do you know why? It's because Obama can veto any bill that comes in front of him. If Congress truly want to pass a bill, they have to make sure it's one he'll sign. A veto override requires each chamber to vote again and 2/3rd's need to be in favor for it to pass.

And that is why I cant stand "parties" people need to vote there conscience and not be tied down to what there party wants to do. Im sure some do vote that way. But I for sure dont trust the majority to do the right thing, but only to do what's in there own interest.

[1ViciousGSX]

Originally Posted by jeremy1375

I decided to give you the benefit of the doubt and watch the whole thing. I absolutely cringe at the outright hypocrisy of Cruz. He uses corporate cronyism as his excuse all the while he is MARRIED TO A MANAGING DIRECTOR OF GOLDMAN SACHS! His wife was a Vice President there during the crash and during their $10 BILLION BAILOUT.

He's part of what he's calling a problem. Who the fuck knows if the import/export bank is bad, I sure don't. Maybe it is, maybe it's not. I would bet though that getting rid of it would benefit Goldman Sachs.

You do realize that dems are still in control, right? Do you know why? It's because Obama can veto any bill that comes in front of him. If Congress truly want to pass a bill, they have to make sure it's one he'll sign. A veto override requires each chamber to vote again and 2/3rd's need to be in favor for it to pass.

His wife doesn't work there anymore, she quit. Guess you didn't know that? Or that Cruz opposed the bailouts. Guess you didn't know that either? Even so, Cruz didn't write any checks for GS, that was Bush/Obamator. On top of that, Cruz wasn't even a senator until 2012, 2 years after the bailouts. So how does that make him a hypocrite? And I'm sure the only reason GS took the bail out was because Cruz's wife made them, right? She must have put a gun to the heads of the board of directors, right?

The IM/EX Bank has nothing to do with GS. It was used to subsidize big corporations (Boeing, etc.) with your tax dollars. It was also used to give other countries money that would be used to buy American made products. Just so you understand, your government gave your tax dollars to foreign countries to use to buy American made products, using your tax dollars. The IM/EX Bank was closed for a while and we survived without it just fine. Thanks to McConnel, it's being funded again.

There are ways to get a president to sign a bill he doesn't like, you call him out on it in the public eye, make him have to sign it. Or you keep pushing it back into both houses until it either passes or he decides to sign it. Obama is a want to be dictator,...

Still going after the messenger, regardless of the message. I guess in your eyes what McConnel did was OK.

[jeremy1375]

The import export bank didn't close as it continued to maintain it's current portfolio. It just couldn't take on new loans during that time. Wikipedia describes the import/export bank as " the bank finances and insures foreign purchases of United States goods for customers unable or unwilling to accept credit risk." You use words like "subsidize", and "give away" money. Do you have evidence of this?

Republicans used up all their bullets by continuously threatening government shut downs. If they want a chance at taking the presidency and holding both houses, they can't do that anymore. They have to pass bills to show they can do their job.

I have zero problem with how Mitch McConnell handled things. That is politics.

This article says Heidi Cruz took unpaid leave, not quit. Whatever the case, she is integrated with the too big to fail (aka - tax payer subsidized) banking world

http://www.bloomberg.com/news/articl...e-from-goldman

[jeremy1375]

-President Ronald Reagan, January 30, 1984: "Exports create and sustain jobs for millions of American workers and contribute to the growth and strength of the United States economy. The Export-Import Bank contributes in a significant way to our nation's export sales."

-Over the past two decades, the Bank has generated nearly $7 billion more than the cost of its operations. That's money EXIM Bank generates for the American taxpayer, to help reduce the federal deficit.

-Small business exporters need certainty and protection to tackle new markets, expand and create jobs. In FY 2014, nearly 90 percent of EXIM Bank's transactions—more than 3,340—directly supported American small businesses.

http://www.exim.gov/about/facts-about-ex-im-bank

[1ViciousGSX]

Originally Posted by jeremy1375

The import export bank didn't close as it continued to maintain it's current portfolio. It just couldn't take on new loans during that time. Wikipedia describes the import/export bank as " the bank finances and insures foreign purchases of United States goods for customers unable or unwilling to accept credit risk." You use words like "subsidize", and "give away" money. Do you have evidence of this?

Republicans used up all their bullets by continuously threatening government shut downs. If they want a chance at taking the presidency and holding both houses, they can't do that anymore. They have to pass bills to show they can do their job.

I have zero problem with how Mitch McConnell handled things. That is politics.

This article says Heidi Cruz took unpaid leave, not quit. Whatever the case, she is integrated with the too big to fail (aka - tax payer subsidized) banking world

http://www.bloomberg.com/news/articl...e-from-goldman

So you are OK with a party leader lying to his party on purpose to sell them and you out?



http://mercatus.org/publication/bigg...ies-ex-im-bank



The first chart displays the top ten exporter beneficiaries for all combined Export-Import Bank interventions during FY 2013. The chart shows that the Bank truly lives up to its nickname, “Boeing’s Bank.” Boeing was by far the biggest exporter beneficiary of all Bank activity, raking in over $8 billion in assistance during FY 2013.

The Bank’s second top overall exporter beneficiary is alarming: the Bank’s data simply lists several exporters as “Unknown.” A later chart shows that most of these unidentified exporters benefit from insurance assistance. At least for now, almost $3 billion in Ex-Im activity cannot be accounted for with this dataset.

http://mercatus.org/publication/top-...rt-import-bank



The number one buyer was the Mexican state-owned petroleum company, Pemex, which has a market capitalization of $416 billion but has somehow needed more than $7 billion in US-taxpayer-backed financing to facilitate deals with American exporters in recent years. Such assistance from the federal government to Pemex, along with other oil companies on the list, raises eyebrows, particularly considering that the current administration, which supports the reauthorization of the Ex-Im Bank, hasn’t exactly been pro-fossil fuels.

http://www.heritage.org/research/rep...rt-import-bank

Ex-Im Subsidies Threaten U.S. Jobs

• The bank funnels billions of taxpayer dollars each year to overseas businesses for the purchase of American products. These subsidies put U.S. firms at a competitive disadvantage. Ex-Im financing of coal mining in Colombia, copper excavation in Mexico, and airplanes for India has been identified as contributing to job losses among domestic companies.
• Ex-Im officials fail to properly consider the impacts of export subsidies on American workers and the businesses that employ them. The Ex-Im Inspector General concluded that the bank’s analyses ignored economic impacts contemplated by the Ex-Im charter and omitted relevant data.

Ex-Im Puts Taxpayers at Risk

• All Ex-Im financing is backed by the “full faith and credit” of the U.S. government. Taxpayer exposure will exceed $140 billion by the end of FY 2014.
• The Congressional Budget Office recently reported that Ex-Im will operate at a deficit of $2 billion in the next decade (in addition to the bank’s operating costs).
• The Inspector General has concluded that the bank lacks sufficient policies to prevent waste, fraud and abuse, and has inadequate risk management policies and recordkeeping. Ex-Im Benefits Unfriendly Nations
• Ex-Im subsidies benefit China, Venezuela, Cuba, and Russia. State-owned foreign airlines have received $16 billion in subsidized financing since 2009.

http://www.heritage.org/research/rep...-american-jobs

The Export–Import Bank (Ex–Im) funnels billions of taxpayer dollars each year to overseas businesses for the purchase of American products. This subsidized financing is supposedly a win-win proposition for exporters and their customers abroad. But rare is a subsidy that does not produce disparity elsewhere. In the case of Ex–Im, the losers include domestic companies that are left to compete against foreign firms bankrolled by the U.S. government.

[jeremy1375]

The controversy over the EXIM bank is making a mountain out of a mole hill. Just about every other country at our level has an equivalent. On balance, it has been profitable for the U.S. taxpayer. The whole argument over it is theoretical and ideological, not based on any real problems it's causing.

[jeremy1375]

Let's explore the importance of this issue further and it's actual impact on the annual budget. The CBO projections for the EXIM bank are a $2 billion loss for one accounting method and a $14 billion profit using a different method for the next decade. If we assume the absolute worst which isn't the norm in it's 85 year history, that would be a loss of $200 million a year. That would be roughly 0.005% of the annual US budget. To put that into perspective, that would be $2.50 to a person with a $50k annual budget. Tell me why more than 0.005% of time is being spent on the matter and why anyone thinking about the big picture should care.

The entire issue is another symbolic yet meaningless fight sponsored by the Tea Party.

[jeremy1375]

"Boeing Says Ex-Im Bank Demise May Force It Offshore"

http://www.forbes.com/sites/lorentho...e-it-offshore/

After reading what the EXIM bank does and how it will be more difficult for U.S. businesses to compete with countries that have one when we don't, I can see that it would be stupid to get rid of it.

The house hasn't approved it yet and it may fight it, but it will have no other choice than approving the senate bill. These people who are trying to get rid of it are fucking stupid.

[jeremy1375]

I must say things are playing out for an exciting fall. Mark Meadows filed a motion to unseat Boehner and the House passed a 3 month transportation bill that excluded EXIM bank language - and then went on summer recess.

It sounds like Republicans are getting ready for another Shut Down showdown in the fall. The plan appears to be to defund Planned Parenthood. With House leadership being challenged, will the Republicans be able to keep their shit together? Stay tuned...

[1ViciousGSX]

Would that be another one of those preplanned fake shutdowns like the last time when the parks and monuments were closed?

But back to our regularly scheduled deflection of the real issue on Mitch McConnel lying to his own party to push through a bill,......

[jeremy1375]

Cruz's aides told him McConnell was lying and he chose to ignore them. He misread the political strategy and then broke senate protocol by calling McConnell out. Instead of owning up to his mistake, he cried like a bitch.

On the issue of the shut down - remember how the U.S. credit rating got hit for playing chicken with a default? Here we go again...