Republicans Romney and Ryan need to be tougher. Ryan would have shut Biden and his shenanigans up in a nanosecond..by pausing, and then asking Biden what is funny about 4 people being murdered? What is funny about so many millions being out of work? etc..etc..

RI GA Sen Paiva Weed Newport flip flopped & now is promoting an expansion of Casino gambling! sen-paivaweed@rilin.state.ri.us Classic bait and switch - she was against it before she was for it! Today here on Aquidneck Island we know how much money is siphoned off from the economy and the misery this creates. Yes, yet another form of economic terrorism. The justification offered is losses of excessive jobs to other locations are questioned! Why have we not seen this topic discussed in aol patch or challenged in The NDN? We need to reject this bad apple that continues to return to our ballot. Yes, vote against any and all casino gambling expansions .Yes, we Need to vote against any and all in the RI General Assembly (that now support this recently repeated attempted assault on our communities.). This will finally starve the beast of bloated big government in overreach. Even more tainted money is not a recipe for a solution to the RI economic misery. This money is a fuel for fraud, malfeasance and corruption must be limited and even reduced and accordingly drive this ship of fools out of office. Our communities and the state can then return to a wholesome environment and repair the damage done by these self serving pols. We must no longer fund our government and its excesses on the backs of the poor suspended in misery. The price is much too high and destroys the social fabric of our society. How many times must we vote and say no?

=President Obama made a major tactical error in the first debate by not hitting on Romney’s biggest weakness – that speech about not appealing to, or being interested in, those 47 percent of disaffected voters. It ought to be a great debate!=

Once again Mr. Romney's (secretly recorded from a private meeting) words are being deliberately misinterpreted. He did not say he didn't care about, or 'was not interested in' those not paying taxes. He said, to supporters, that as a candidate he couldn't worry about getting them to vote for him, because obviously they would not. Simple truth, hardly the 'gotcha' moment.
A few weeks before, when Mr. Obama gratuitously slapped down all small business owners as neither being very smart, hardworking, nor having accomplished anything, he clearly was doing the same thing - writing them off as potential voters because he knew he couldn't 'worry about them' voting for him. However he did it publicly, to intentionally be divisive and pit some citizens against others.
That would seem a sufficient response should Mr. Obama choose to press the issue.

o'drama..what a loser, and give away..give away cell phones, cheese, bad advice, healthcare for the won't workers, give country away, puts troops in more danger than the bad guys, at least let Biden run..he might not be smarter but he's at least more honest.

For those who are so concerned about their entitlement checks in Rhode Island, you had better wake up and see this mess for what it is. The Dems have spent this country dry and this state is going right along with it. We as a nation are going down the same road as Greece. We can't keep writing this debt off with borrowing or printing up more money. We continue to devalue our currency by 15% each year since this President took office. He has no vision, no plan for this economy - he is a socialist of the first order. People were duped by his Hope and Change pitch in 08 and now he is leaving you with change in your pocket. You have a progressive in the state house. Chafee is no independent! He has no idea what the working person is going through as he has never worked a day in his life, outside of shoeing a few horses, big deal!
Biden was a public disgrace with his lack of respect to his opponent. He has no class and needs to go. Can you imagine him being President? What a scary thought.
We have lousy leaders in government today and people need to root them out with new people, hopefully more qualified than what is sitting in there now. You have to ask the question, "are you better off now than four years ago?" Are your taxes high enough yet? The real pain of the mismanagement of this administration has yet to be felt - it is really going to hurt!

Ted,

You and I are together on this. Accumulation of debt only goes on for so long and then it catches up. Both Dems and Reps share blame for where we are today.

Economics 101
Wealth is not money, wealth is the movement of goods and services and the ability to export and import.
Our federal politicians did a great job in allowing (with tax credits) our jobs to go overseas like China and allowing us to import more than we export. Hence--an imbalance of payments and debt caused by borrowing and spending.
Anybody for Romney and Bain??

"Being in debt is not where the US should be, especially with China being such a large holder of our debt. Look at what is happening with the Senkaku islands and Japan. China is their largest debt holder and they are using that as a potential weapon against Japan. Being in debt to China puts us at risk."

How so? Buying our debt means that they're suppressing their own currency value to keep their factories open. They've hitched their wagon to ours. The Chinese hold $1.69T in US Debt, which sounds immense, but isn't.

http://www.nytimes.com/2011/07/19/business/china-largest-holder-of-us-debt-remains-tied-to-treasuries.html?pagewanted=all&_r=0

It's something of a manufactured outrage, given that Japan (once beneficiary of a similar weak currency/strong manufacturing base) holds $1.083T in US Debt.

Of genuine concern should be how much debt the US banking system holds,
including the Fed (which we all know isn't part of the US Government - right?)
at $4.74T in US Debt. This means the banks hold tremendous sway over US
regulation of their activities - dumping Treasuries would raise the cost of borrowing.

My real concern is in the amount of US Debt held by Government institutions, including social security - $3.44T that's money the US Government effectively
owes to itself. This cheat allowed the Congress to skate on raising taxes by shifting the cost of unfunded wars and tax cuts.

http://www.cnbc.com/id/29880401/The_Biggest_Holders_of_US_Government_Debt

"What the government does to retard or advance this clearly has unintended consequences that unfortunately are most often negative.e.g. case in point the FRS banking cartel of which the US Federal government is a member."

It's a fair point, with parallels to chemotherapy drugs. Left untreated, the banks
suffered deposit runs that frequently lead to economic paralysis and real fear
among the saving public. There's no longer enough precious metal available
to keep in reserve as a standard - given the sheer volume of commerce.

That said, I feel that oversight of these institutions has been lax since 1984.
In particular, each asset bubble has a concurrent increase in the money supply.

This makes sense if value is in fact created.
It also makes sense to rapidly decrease the supply when assets crash.

The problem? Banks have added to their ledgers in the run-up and won't return these invented funds easily.

I don't know which is worse, as I never lived through a bank panic.
Being able to buy bread, even when Lehman brothers collapsed was good.

Realizing that large portions of the financial sector are subsidized by us, is bad.

How to unravel this? That's above my pay grade.