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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Coach is Back! on September 19, 2013, 07:42:58 AM
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Hahahah, the fifth grade mentality of your "genius"..lol.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."
Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
"It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it, and, typically, there's some gamesmanship in terms of making the President's party shoulder the burden of raising the -- taking the vote."
But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
- See more at: http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over#sthash.vJFULMTP.dpuf
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On an absolute technicality, he is right. Raising the debt limit doesn't increase the debt. SPENDING MORE FUCKING MONEY THAN YOU HAVE RAISES THE DEBT.
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(http://i.somethingawful.com/u/elpintogrande/may09/tatswat/12.jpg)
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On an absolute technicality, he is right. Raising the debt limit doesn't increase the debt. SPENDING MORE FUCKING MONEY THAN YOU HAVE RAISES THE DEBT.
I disagree. if you keep extending it's more spending. It's like talking out a loan at a higher premium to pay for existing debt, you pay the existing debt now you have to find a way to pay the newer, higher premium debt back, it's a snowball effect. Either you keep taking out loans over and over again or you cut things out.
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I disagree. if you keep extending it's more spending. It's like talking out a loan at a higher premium to pay for existing debt, you pay the existing debt now you have to find a way to pay the newer, higher premium debt back, it's a snowball effect. Either you keep taking out loans over and over again or you cut things out.
You missed his point....re-read his post.
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politicians only goals are to help the interest of the businessmen who paid for their campaign. It's all about getting reelected spewing bullshits to the masses, or pretending everything you ve done was great before leaving the office.
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It's so simple a fifth grader can get it. The government spends more money than it collects from the workers. That's it completely. Democrats seem content to kick the can down the road and Republicans want to severely cut the excessive spending. The Democratic supporters who are more takers than Republicans have no problem as long as the government gives to them.
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I think what needs to be realized is obuma is not the one calling the shots. Don't want to type a novel here but I'm sure wiggs will explain
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Just think....what would happen if...
50 million didn't receive their food stamps....
Social security checks got cut by 75% and Medicare/Medicaid shut down....
75% cuts to ALL federal programs including Military spending
80% reduction in federal employees excluding military
And this is just so we can balance and make some principle payments on the us federal debt
Or monetize/inflate it away......they're not stupid at the fed, not in the least. Ignorance is believing the fed doesn't know what they are doing.
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It's so simple a fifth grader can get it. The government spends more money than it collects from the workers. That's it completely. Democrats seem content to kick the can down the road and Republicans want to severely cut the excessive spending. The Democratic supporters who are more takers than Republicans have no problem as long as the government gives to them.
huh? red states take far more and blue stats pay the most taxes, you have it backwards, it's a fact.
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Hahahah, the fifth grade mentality of your "genius"..lol.
http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over
In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."
Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
"It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it, and, typically, there's some gamesmanship in terms of making the President's party shoulder the burden of raising the -- taking the vote."
But, isn't the fact that the U.S. has hit its debt ceiling "over a hundred times" - and, thus, has had to keep raising it - proof that raising the limit does, in fact, lead to increased debt?
- See more at: http://cnsnews.com/mrctv-blog/craig-bannister/obama-raising-debt-ceilingdoes-not-increase-our-debt-though-it-has-over#sthash.vJFULMTP.dpuf
So congress shouldn't pay for debt it already racked up?
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I disagree. if you keep extending it's more spending. It's like talking out a loan at a higher premium to pay for existing debt, you pay the existing debt now you have to find a way to pay the newer, higher premium debt back, it's a snowball effect. Either you keep taking out loans over and over again or you cut things out.
Actually, it's like requesting an increase on your credit card line. It's not debt until you tap the increase. So, technically he's correct, but it's insulting that he would make that point as we all know there will eventually be more spending.
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Obama records
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Obama records
HE INHERITED THE BIGGEST RECESSION SINCE THE GREAT DEPRESSION. Probably worse since the world is one big economy with improved technology.
People who posts things like this are those who make it difficult for others to fix problems.
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Raising the debt ceiling was a good call from Obama. We have the fixed assets the workd does not have so why not use their money for our shit. Hell they will keep on investing because they get returns here and The US of A is credible enough
;D ;D ;D
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You don't need to raise the debt ceiling if you aren't going to increase your debt.
Who's the idiot?
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:D
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HE INHERITED THE BIGGEST RECESSION SINCE THE GREAT DEPRESSION. Probably worse since the world is one big economy with improved technology.
People who posts things like this are those who make it difficult for others to fix problems.
The recession occurred after the Republican Convention and the boys at Goldman Sachs decided that Obama would win the election. Therefore, Goldman decided to pull the plug on the whole fucking thing.
Thus the recession was, indirectly, Obama's fault.
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You don't need to raise the debt ceiling if you aren't going to increase your debt.
Who's the idiot?
It has to be raised to pay for bills accrued you meatpie.
It has to be raised to pay the bills.
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If you get a credit card, say Visa... and they give you a $1,000 limit... when you get there, they freeze you... if you miss a payment, they cancel your card... they still charge you interest and still expect payments even though you have lost your credit card with them... they would NEVER, EVER, raise your limit even ONE time... let alone 100 times. Does this make ANY sense to ANY one here?
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must be that Muslim math
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8)
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If you get a credit card, say Visa... and they give you a $1,000 limit... when you get there, they freeze you... if you miss a payment, they cancel your card... they still charge you interest and still expect payments even though you have lost your credit card with them... they would NEVER, EVER, raise your limit even ONE time... let alone 100 times. Does this make ANY sense to ANY one here?
To people of the US who are able to vote I guess ???
Isn't there any politician opposing the excessive spending of money?
I am not from there so I don't know but you do have a democratic voting system I bet.
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It does NOT make ANY sense. We the people, would NOT be able to just tell the credit card company to just keep raising our limit to 22 trillion. It would NEVER happen. EVER.
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http://www.getbig.com/boards/index.php?topic=494141.msg7038750#msg7038750
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Obviously Obama fella doesn't understand economics very well.
BTW, how much did Bush spend on two unnecessary wars? 8)
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HE INHERITED THE BIGGEST RECESSION SINCE THE GREAT DEPRESSION. Probably worse since the world is one big economy with improved technology.
People who posts things like this are those who make it difficult for others to fix problems.
No......stop with the bullshit Liberal revisionist history.
Fucking sheeple. ::)
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It does NOT make ANY sense. We the people, would NOT be able to just tell the credit card company to just keep raising our limit to 22 trillion. It would NEVER happen. EVER.
Yeah, but Congress is in the enviable position of being both the issuer and the user.
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(http://www.mikechurch.com/wp-content/uploads/2013/02/obama-and-his-flock-we-the-sheeple-politics.jpg?055329)
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Obviously Obama fella doesn't understand economics very well.
BTW, how much did Bush spend on two unnecessary wars? 8)
Nothing close to what this idiot has spent with no results.
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Enjoy your waning petrol dollar and printing press of peace.
It's been a huge scam for eternities - Okbombo is just another face serving as a punching bag for public opinion.
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(http://2012patriot.files.wordpress.com/2012/02/sheeple-1b.jpg)
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(http://i.somethingawful.com/u/elpintogrande/may09/tatswat/12.jpg)
(http://upload.wikimedia.org/wikipedia/commons/2/2f/Prince_Brussels_1986.jpg)
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Nothing close to what this idiot has spent with no results.
:-\
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It has to be raised to pay for bills accrued you meatpie.
It has to be raised to pay the bills.
You really don't get it, do you?
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LMAO..Obama is a disaster any way you cut it, Tim. Keep trying to.defend this clown. I know elementary school class presidents with a better grasp on reality than Obama.....and the left.
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Just think....what would will happen if when...
50 million didn't receive their food stamps....
Social security checks got cut by 75% and Medicare/Medicaid shut down....
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Wasn't the "debt ceiling" raised 18 times under Reagan and 7 under Bush?
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LMAO..Obama is a disaster any way you cut it, Tim. Keep trying to.defend this clown. I know elementary school class presidents with a better grasp on reality than Obama.....and the left.
When guys immediately jump in with charts, you know they're defending a weak position.
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Wasn't the "debt ceiling" raised 18 times under Reagan and 7 under Bush?
Yes or something close to that. Only goes to show that nothing much changes when the other guys are in office.
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Wasn't the "debt ceiling" raised 18 times under Reagan and 7 under Bush?
Raising the "debt ceiling" without reducing spending is the killer. Every time the debt ceiling has been raised it's spending has resulted in exceeding the past debt ceiling, the result...debt has almost tripled in the last five years.
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LMAO..Obama is a disaster any way you cut it, Tim. Keep trying to.defend this clown. I know elementary school class presidents with a better grasp on reality than Obama.....and the left.
Faced with facts joe resorts to FOX news tactics.
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You really don't get it, do you?
No I get it you fucking moron. The bills have to be paid, if they don't raise it they will default on debt already accrued you imbecile. So no raising the debt ceiling does not increase debt, however, it is likely it will continue to increase as it has 100's of other times. Bush for example raised it far more then Obama, in fact Obama has only risen it once if I am not mistaken.
So are you mad that the US has to pay it's bills? is it Obama's fault? then it was Bush's about 11 times and I doubt you gave one fuck. You are the sheeple which is ironic because you fail to realize you are partisan hack just like the people you insult.
It's not good but acting as if this is some unique thing, or something that needs to be stopped shows you have no fucking clue what you are talking about and are one of the idiots who forced a downgrade because they wouldn't pay the bills they fucking racked up.
Obama is a magician, he doesn't make every decision as you seem to think.
I don't like Obama nor Bush, but you just like the right, why? you are in fact, a simpleton. You are immature, as evidenced by your several failed marriages and frequent cry baby meltdowns and account deletions on here.
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I'm sure that giving amnesty to thirty million uneducated and unskilled illegals will do wonders for the national debt. I understand raising the debt ceiling as it's unavoidable at this point. Eventually it's going to be necessary to be proactive in decreasing spending. This can't go on forever.
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I'm sure that giving amnesty to thirty million uneducated and unskilled illegals will do wonders for the national debt. I understand raising the debt ceiling as it's unavoidable at this point. Eventually it's going to be necessary to be proactive in decreasing spending. This can't go on forever.
obviously, but are you not aware that it has been improved? Bush raised it 7 times, Reagan more, previous people more, the rate of raising the limit is decreasing substantially.
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obviously, but are you not aware that it has been improved? Bush raised it 7 times, Reagan more, previous people more, the rate of raising the limit is decreasing substantially.
I did acknowledge this fact previously in this thread.
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The majority of time Bush was president the house and senate were controlled by Democrats. So who really does the spending? Now Obama wants to grant citizenship to all the illegall aliens here. That's the democratic party trying to buy votes.
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Walter has some great info about all of this
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Faced with facts joe resorts to FOX news tactics.
Are you seriously that blind to not know or understand whats going on?
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Uncle Mac knew the score...
even if Aunt Ella didn't.
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What you got ain't nothin' new.
This country is hard on people.
You CAN'T stop what's coming.
It ain't all waitin' on you.
That's vanity.
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No I get it you fucking moron. The bills have to be paid, if they don't raise it they will default on debt already accrued you imbecile. So no raising the debt ceiling does not increase debt, however, it is likely it will continue to increase as it has 100's of other times. Bush for example raised it far more then Obama, in fact Obama has only risen it once if I am not mistaken.
So are you mad that the US has to pay it's bills? is it Obama's fault? then it was Bush's about 11 times and I doubt you gave one fuck. You are the sheeple which is ironic because you fail to realize you are partisan hack just like the people you insult.
It's not good but acting as if this is some unique thing, or something that needs to be stopped shows you have no fucking clue what you are talking about and are one of the idiots who forced a downgrade because they wouldn't pay the bills they fucking racked up.
Obama is a magician, he doesn't make every decision as you seem to think.
I don't like Obama nor Bush, but you just like the right, why? you are in fact, a simpleton. You are immature, as evidenced by your several failed marriages and frequent cry baby meltdowns and account deletions on here.
Agree. Basically, Coach is in over his head when he tries discuss current events.
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Yes or something close to that. Only goes to show that nothing much changes when the other guys are in office.
X2.
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To the guys whining about Obama and the debt ceiling, please post a link to where you whined and cried about Bush and Reagan doing it. Just so we can see you are consistent in your whining and not just a hypocrite.
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To the guys whining about Obama and the debt ceiling, please post a link to where you whined and cried about Bush and Reagan doing it. Just so we can see you are consistent in your whining and not just a hypocrite.
Holy shit you're stupid.
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To the guys whining about Obama and the debt ceiling, please post a link to where you whined and cried about Bush and Reagan doing it. Just so we can see you are consistent in your whining and not just a hypocrite.
Good post. The democrats must be doing something right if the GOP can't find something to complain about that the republicans are also doing bad.
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What you got ain't nothin' new.
This country is hard on people.
You CAN'T stop what's coming.
It ain't all waitin' on you.
That's vanity.
:)
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;)
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Every civilized country I know has this problem. This makes you wonder what the fuck will happen 50 years from now.
I know some very smart people who studied economics. I asked them this question. Truth is, they don't fucking know. Guy's handling this shit are some smart cats, phd degrees in math, physics and so on. Truth is, I don't think there are many people in the world who truly understand what the fuck is going on and what is going to happen.
For sure I do not.
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Interesting vid, if you can make it through it.
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Holy shit you're stupid.
No, you have the market on that cornered.
Not to a mention a flat out hypocrite. No wonder you are the joke of this board.
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I see a number of libtards saying that if you didnt complain about bush doing it you cant complain now...
does this logic hold true about the failure in leadership that leads to having to raise the debt limit?
we all know obammers chastised bush for raising calling it a "failure in leadership" do you guys feel obama has failed and thats why we are here?
further more do you believe obammers believes he has failed?
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“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
- Obama -
the amount of people that are willing to bend over and take it up the ass for this guy is just astounding to me....
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Can't believe he said that. Even winding down the wars we are still accumulating more and more debt. Its not sustainable and WORKING people are taxed enough.
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It is amazing how many Democratic politicians supported the President's call to bomb Syria and commit us to another military intervention in a very unstable middle east whereas they would never have supported military action if someone other than Pres. Obama called for it. Just another example of the lengths some of his supporters will go to back him, that was hypocritical. At least the people spoke up against it. We should not be blindly supporting anyone...evaluate on merits alone.
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It is amazing how many Democratic politicians supported the President's call to bomb Syria and commit us to another military intervention in a very unstable middle east whereas they would never have supported military action if someone other than Pres. Obama called for it.
But many did not. How many anti war Republicans were there during the Bush admin?
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Even winding down the wars we are still accumulating more and more debt. Its not sustainable and WORKING people are taxed enough.
^
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Interesting vid, if you can make it through it.
I tried. That guy made me want to rip my years off. He goes off subject constantly. Where does he make his point?
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(http://stopthecrime.net/William_Casey_CIA_Disinformation_Campaign%20copy.jpg)
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I tried. That guy made me want to rip my years off. He goes off subject constantly. Where does he make his point?
He doesn't. Republican tactic at play there.
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I see a number of libtards saying that if you didnt complain about bush doing it you cant complain now...
does this logic hold true about the failure in leadership that leads to having to raise the debt limit?
we all know obammers chastised bush for raising calling it a "failure in leadership" do you guys feel obama has failed and thats why we are here?
further more do you believe obammers believes he has failed?
fuck off, find me these quotes? the fact is Obama wipes his ass with Bush. This dude raised the fucking limit seven times. Obama is in his second term and looks to be raising it again. Also, the debt is already tallied, it's nto a failure of leadership, it's not one persons decision, acting as if it is makes you look stupid.
Go study fucking Pavlov's dogs or Erickson's stages of development or something.
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Agree. Basically, Coach is in over his head when he tries discuss current events.
Hahahahaha, another Obama apologist that can't make a case for his fuck ups, except "it's Bush's fault". LOL
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fuck off, find me these quotes? the fact is Obama wipes his ass with Bush. This dude raised the fucking limit seven times. Obama is in his second term and looks to be raising it again. Also, the debt is already tallied, it's nto a failure of leadership, it's not one persons decision, acting as if it is makes you look stupid.
Go study fucking Pavlov's dogs or Erickson's stages of development or something.
You don't increase the debt ceiling only to exceed the limit with more debt beyond the limit. This "we need to pay the bills" bullshit is a fucking excuse and a scare tactic. How about making cuts instead? The lack of commonsense is beyond mental with the left at this point or is it what that nimrod Palosi said that, what was that twits quote again? "we have no cuts to make" or some stupid ass thing like that?
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22 trillion + on obama watch
change? what change?
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22 trillion + on obama watch
change? what change?
The government is corrupt.
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LMAO..Obama is a disaster any way you cut it, Tim. Keep trying to.defend this clown. I know elementary school class presidents with a better grasp on reality than Obama.....and the left.
I hope your success in a 2 bit run down shit box where you pretend to be the coach doesn't exceed that of the president.
Coach Douche bag since you know so much, why don't you run for office and see if a jack ass like you can make a difference. You got more than enough taco benders to back you up into elected office.
You bitch and whine endlessly, but yet fail to do anything. Why? There are bitches like you all over America because they couldn't get a white man into the highest office.
What have you done other than bitch like a 8 year school girl online for the past 5 years?
TO THE REST OF THE BIGOTS - READ ON - you bitches know who you are
Coach is this hatred for the president or the color of his skin?
You're really a bigot in yellow skin?
I/we know a lot of you white cock suckers (coach you're still a yellow mexican ni-gg-er) have a problem with Obama because of the color of his skin, but yet you let out your frustration in other ways.
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Coach you know why you are the biggest bitch on GB and the internet, because you promised to leave last year if Obama got reelected.
Why did you come back immediately (post election) and continue to feed us more of your right wing bullshit?
What gives?
Keep your word - as-shole and leave!
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fuck off, find me these quotes? the fact is Obama wipes his ass with Bush. This dude raised the fucking limit seven times. Obama is in his second term and looks to be raising it again. Also, the debt is already tallied, it's nto a failure of leadership, it's not one persons decision, acting as if it is makes you look stupid.
Go study fucking Pavlov's dogs or Erickson's stages of development or something.
So was obama pandering when he called it a failure in leadership under bush?
or is he deflecting against his own failure now?
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Coach, if you are 5'2 and somehow you raise the ceiling on your gym you would still be a midget.
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This is awesome, typical left bullshit with no argument. Hahahahaha.
I win. Lol
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So was obama pandering when he called it a failure in leadership under bush?
or is he deflecting against his own failure now?
That's politics, it wasn't Bush's fault,nor Obamas, it's the whole government that is the issue. Just like 9/11 isn't Bush's fault no matter how much he want's to be the hero big boi.
Obama is a politician, he like others is corrupt in some manner. However, I see this type of corruption daily. For example my father once ran a Wal-Mart (GM) and often the people who were hired were friends or knew someone. Qualifications and "proper" procedure went out the window if he was your kin. This is what I see in government, people boosting others, doing favors etc. The fundamental way we do business may have to change.
the only way I see no corruption is a dictatorship lead by someone with supreme moral/ethical standards.... a Gandhi. As it is the rats will find the cracks where they can.
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;)
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;)
Like half or two trill is bushy bois though. Not a accurate meme girl.
Obama is getting a lift kit.