In Obama-Boehner Debt Ceiling Standoff, Who Will Blink First?-July-28-2011-

Crunchtime for real debt

Debt is money.

-July-28-2011--

And most of us could not buy a car -

Without debt, nobody could buy a home

two of the largest purchases made by individuals.

Gonzalez on debt ceiling "Boehner" bill vote

A balanced-budget amendment would eliminate the possibility of planning for the national defense, for infrastructure, for emergency relief and for a host of other governmental functions we depend on.

Congressman Dave Reichert incurred our national debt on behalf of the American people, and now he is obliged to raise the funds to pay for it. It’s not like the president is asking him to spend money he did not approve — for two wars, for tax cuts, for a Medicare drug benefit and for Social Security and Medicare/Medicaid.

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Leader of Rebel Military in Libya Is Reported Killed -July-28-2011

Leader of Rebel Military

in Libya Is Reported Killed
-July-28-2011--BENGHAZI, Libya - The top rebel military commander was killed Thursday, and members of his tribe greeted the announcement with gunfire and angry threats.
 The violent outburst stirred fears that a tribal feud could divide the forces struggling to topple the Libyan dictator, Col. Muammar el-Qaddafi. The leader of the rebels’ provisional government, Mustapha Abdul Jalil, announced Thursday evening without providing details that unnamed assassins had killed the commander, Gen. Abdul Fattah Younes, and two other officers.

 

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The House delays vote on Boehner debt-limit plan - July-28-2011-

The House delays vote on

Boehner debt-limit plan 

July-28-2011-- The US House is in recess and has delayed a vote on Speaker John Boehner's plan to raise the nation's

$14.3 trillion debt ceiling, as the GOP leadership struggles to get votes for passage.
Fears that the partisan deadlock in Washington won't be broken by an Aug. 2 deadline caused the stock market to tumble this week. The impasse on raising the debt ceiling also has raised the possibility that America's AAA credit rating -- and that of five states such as Virginia and Maryland -- will be downgraded.
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