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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Fury on July 13, 2011, 05:18:57 PM
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(Politico) — President Barack Obama abruptly walked out of a debt-limit meeting with congressional leaders Wednesday, throwing into serious doubt the already shaky debt limit negotiations, according to House Majority Leader Eric Cantor (R-Va.) and a second GOP source.
Cantor said the president became “agitated” and warned the Virginia Republican not to “call my bluff” when Cantor said he would consider a short-term debt-limit hike. The meeting “ended with the president abruptly walking out of the meeting,” Cantor told reporters in the Capitol. “I know why he lost his temper. He’s frustrated. We’re all frustrated.”
Asked if they’d made progress in the lasted of negotiations, House Minority Leader Steny Hoyer said “No.”
http://www.politico.com/news/stories/0711/58937.html
This guy is the sorriest excuse for a leader I've ever seen. Just shows how much criticism and adversity he's had to deal with in his life....aka none.
Vanishes for 2.5 years on the economy and can't even stick around for a few days of discussions without throwing a tiff and storming off.
What are the odds he's golfing this weekend?
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uh oh, i wonder if 240 will be bitching about his gold investments saying he stands to make a profit but net loss on his portfolio
CONFLICT OF INTEREST!!!!!
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uh oh, i wonder if 240 will be bitching about his gold investments saying he stands to make a profit but net loss on his portfolio
CONFLICT OF INTEREST!!!!!
How dare you plan for your retirement by taking portfolio risk into account! BUY HIGH, SELL LOW!
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(Politico) — President Barack Obama abruptly walked out of a debt-limit meeting with congressional leaders Wednesday, throwing into serious doubt the already shaky debt limit negotiations, according to House Majority Leader Eric Cantor (R-Va.) and a second GOP source.
Cantor said the president became “agitated” and warned the Virginia Republican not to “call my bluff” when Cantor said he would consider a short-term debt-limit hike. The meeting “ended with the president abruptly walking out of the meeting,” Cantor told reporters in the Capitol. “I know why he lost his temper. He’s frustrated. We’re all frustrated.”
Asked if they’d made progress in the lasted of negotiations, House Minority Leader Steny Hoyer said “No.”
http://www.politico.com/news/stories/0711/58937.html
This guy is the sorriest excuse for a leader I've ever seen. Just shows how much criticism and adversity he's had to deal with in his life....aka none.
Vanishes for 2.5 years on the economy and can't even stick around for a few days of discussions without throwing a tiff and storming off.
What are the odds he's golfing this weekend?
Funny, that's not how the story read from Politico.... ::)
President Barack Obama abruptly walked out of a stormy debt-limit meeting with congressional leaders Wednesday, throwing into serious doubt the already shaky negotiations, according to GOP sources
“He shoved back and said ‘I’ll see you tomorrow’ and walked out,” House Majority Leader Eric Cantor (R-Va.) told reporters in the Capitol after the meeting.
On a day when the Moody’s rating agency warned that American debt could be downgraded, the White House talks blew up amid a new round of sniping between Obama and Cantor, who are fast becoming bitter enemies.
When Cantor said the two sides were too far apart to get a deal that could pass the House by the Treasury Department’s Aug. 2 deadline — and that he would consider moving a short-term debt-limit increase alongside smaller spending cuts — Obama began to lecture him.
“Eric, don’t call my bluff,” the president said, warning Cantor that he would take his case “to the American people.” He told Cantor that no other president — not Ronald Reagan, the president said — would put up with the treatment he was getting from the House majority leader.
Democratic sources dispute Cantor’s version of Obama’s walk out, but all sides agree that the two had a blow up. The sources described Obama as “impassioned” but said he didn’t exactly storm out of the room.
“Cantor’s account of tonight’s meeting is completely overblown. For someone who knows how to walk out of a meeting, you’d think he know it when he saw it,” a Democratic aide said. “Cantor rudely interrupted the president three times to advocate for short-term debt ceiling increases while the president was wrapping up the meeting. This is just more juvenile behavior from him and Boehner needs to rein him in, and let the grown-ups get to work. “
On exiting the room, Obama reportedly said that “this confirms the totality of what the American people already believe” about Washington, said a Democratic official familiar with debt negotiations, that officials are “too focused on positioning and political posturing” to make difficult choices.
The latest and sharpest in a series of harsh exchanges between the two leaders heightened concern that markets could crash at any time amid fear of a reduction in the rating on once-ironclad U.S. debt.
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Obama must have been pissed off he was missing tee time or party night.
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Update: OBAMA: "THIS MAY BRING MY PRESIDENCY DOWN BUT I WILL NOT YIELD ON THIS"
Zero Hedge ^ | 07/13/2011 | Tyler Durden
Posted on July 13, 2011 8:01:37 PM EDT by The Magical Mischief Tour
The Petulant Teleprompter: Obama "Abruptly" Walks Out Of Debt Negotiations
Update: OBAMA: "THIS MAY BRING MY PRESIDENCY DOWN BUT I WILL NOT YIELD ON THIS" -- REPUBLICAN AIDE; Perhaps Obama may want to put the country ahead of his own interests this one time...
Here is the relevant section in the 14th Amendment that the Constitutional scholar is likely about to invoke. The bolded section is what is largely being ignored.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. Odd how the debt inccured for payment of pensions is being nicely trampled to make way for debt incurred for payment of Federal worker bonuses...
Orignal:
So far the Moody's threat is having precisely zero impact on the debt ceiling farce, with just 8 days left until July 22. But the latest development is certain to jar both S&P and Fitch, not to mention Dagong, out of hibernation. Reuters reports that President Barack Obama abruptly ended a tense budget meeting on Wednesday with Republican leaders by walking out of the room, a Republican aide familiar with the talks said. The aide said the session, the fourth in a row, was the most tense of the week as House of Representatives Speaker John Boehner, the top Republican in Congress, dismissed spending cuts offered by the White House as "gimmicks and accounting tricks." Either Congress has become the best orchestrated reality TV show in history or, and this is a big or, the market should really consider panicking soon.
Some additional color:
Cantor relayed this quote: "Eric, don't call my bluff," Obama said. "I'm going to take this to the American people." More Cantor: Obama said that the group has until Friday to figure out "which way we're going." They'll meet tomorrow. Odd. Last time we checked far more Americans didn't want a debt ceiling hike than did:
Overall, voters oppose raising the debt ceiling by a strong 45 percent to 32 percent margin, with the remainder undecided.
But the real eye-opener in the poll is the stiff Republican and swing-voter opposition to a deal. Sixty-seven percent of GOP voters and 51 percent of independents think raising the debt ceiling is a bad idea.
Democratic voters, by comparison favored raising the debt ceiling by a 44 to 21 percent margin. Interestingly, 35 percent of Democrats say they are either undecided on the question, or don’t know enough to have an opinion. Perhaps Obama believes GM union members are a representative segment of the broad US population...
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Funny, that's not how the story read from Politico.... ::)
And now politico reads, "Cantor insists he never interrupted the president, and was “deferential,” seeking permission to speak"
Read more: http://www.politico.com/news/stories/0711/58937.html#ixzz1S2mJUQd3
::) It's called updating retard. I'd explain it, but aren't you the same dumbass who tried to claim you can't be both Marxist and Communist?
Why yes, yes you are that retard.
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No, I think he is the guy claiming airsoft guns can be converted to real firearms.
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Lmao. Another "you lie " moment.
t=102s
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“He shoved back and said ‘I’ll see you tomorrow’ and walked out,” House Majority Leader Eric Cantor (R-Va.) told reporters in the Capitol after the meeting.
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So now its the republicans who wants to borrow more money ???
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Quick, 240, we need you to investigate where the President has his money invested. I am sure you don't want to be accused of any bias against Cantor and the Republicans. After all, you are a libertarian and a very objective and fair individual. Right?
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So now its the republicans who wants to borrow more money ???
NO THEY DONT WANT TO BORROW MORE MONEY.
The problem is the maddoff in chief is demanding massive new spending and massive new taxes.
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NO THEY DONT WANT TO BORROW MORE MONEY.
The problem is the maddoff in chief is demanding massive new spendingand massive new taxes.
don't you mean has offered massive spending cuts in exchange for a tiny increase in taxes on the super wealthy?
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don't you mean has offered massive spending cuts in exchange for a tiny increase in taxes on the super wealthy?
Please show me what cuts Obama has offered.
He is talking more stim bills and making the baseline for the budget including the stim bill spending.
Very simple to end this - cut 10% across the board everywhere for all spending everywhere. Thats 400 billion a year.
Obama brought this all on himself by refusing to adhere to the recomendation of Simpson/Bowles and dragging this out to the end.
But oh he has plenty of time for golf, vacations, parties, fund raising, etc.
What a piece of disgusting commie traitor trash you support.
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Please show me what cuts Obama has offered.
seriously man - how can you be unaware of this
It's been in the news the last 2 weeks
he offered 4 trillion in cuts (including cuts to Medicaid, Medicare and Social Security) and asked for tiny increases in taxes on the super wealthy an Repubs rejected it
They're fine with the spending cuts that effect 95% of the population but nixed a tiny increase in taxes on the 5% at the top
Again -how could you possibly be unware of this?
http://www.nytimes.com/2011/07/07/us/politics/07fiscal.html?_r=2&hp
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seriously man - how can you be unaware of this
It's been in the news the last 2 weeks
he offered 4 trillion in cuts (including cuts to Medicaid, Medicare and Social Security) and asked for tiny increases in taxes on the super wealthy an Repubs rejected it
They're fine with the spending cuts that effect 95% of the population but nixed a tiny increase in taxes on the 5% at the top
Again -how could you possibly be unware of this?
http://www.nytimes.com/2011/07/07/us/politics/07fiscal.html?_r=2&hp
Show me his specific plan that cuts spending NOW! Only a deluded doped up commie like yourself could believe a damn thing coming from this fraud who lies even about his own mother to push his commie agenda.
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Show me his specific plan that cuts spending NOW! Only a deluded doped up commie like yourself could believe a damn thing coming from this fraud who lies even about his own mother to push his commie agenda.
I showed you my source and it was freely available to anyone with a functioning brain
FACT - Obama offered massive spending cuts in exchange for a tiny increases in taxes on the super wealthly and Repubs rejected it
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I showed you my source and it was freely available to anyone with a functioning brain
FACT - Obama offered massive spending cuts in exchange for a tiny increases in taxes on the super wealthly and Repubs rejected it
Obama's plan is to kick the can down the road. Who cares about reducing the deficit by $4 trillion over the next 12 years? It is still a deficit! We need real spending cuts that balance the budget every year starting now. The only way to stop Obama is to cut him off completely.
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The president’s renewed efforts follow what knowledgeable officials said was an overture from Mr. Boehner, who met secretly with Mr. Obama last weekend, to consider as much as $1 trillion in unspecified new revenues as part of an overhaul of tax laws in exchange for an agreement that made substantial spending cuts, including in such social programs as Medicare and Medicaid and Social Security — programs that had been off the table.
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Tell me exactly what those cuts are?
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The president’s renewed efforts follow what knowledgeable officials said was an overture from Mr. Boehner, who met secretly with Mr. Obama last weekend, to consider as much as $1 trillion in unspecified new revenues as part of an overhaul of tax laws in exchange for an agreement that made substantial spending cuts, including in such social programs as Medicare and Medicaid and Social Security — programs that had been off the table.
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Tell me exactly what those cuts are?
CITE YOUR QUOTE, FUCKTARD!!!
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THATS FROM YOUR OWN FUCKING ARTICLE DAMN IT ! ! !
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THATS FROM YOUR OWN FUCKING ARTICLE DAMN IT ! ! !
then say its from the article
again - everything you post is suspect unless it's sourced
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then say its from the article
again - everything you post is suspect unless it's sourced
Oh sorry me, I thought you actually read the article you linked to as a source for your bullshit. My bad.
Again - what EXACTLY are the cuts your communist cult leader is offering?
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Obama's plan is to kick the can down the road. Who cares about reducing the deficit by $4 trillion over the next 12 years? It is still a deficit! We need real spending cuts that balance the budget every year starting now. The only way to stop Obama is to cut him off completely.
no we don't
Reagan, Bush and Cheney told us that deficits don't matter
the entire Republican economic revolution is based on deficits and debt
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Oh sorry me, I thought you actually read the article you linked to as a source for your bullshit. My bad.
Again - what EXACTLY are the cuts your communist cult leader is offering?
any time you post a quote you should say where it came from
I haven't memorized every line of every article that I post
have you ?
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any time you post a quote you should say where it came from
I haven't memorized every line of every article that I post
have you ?
Sorry dipshit - I made the wrong assumption that you actually read the article you linked. I'll take note of that for the next time.
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The president’s renewed efforts follow what knowledgeable officials said was an overture from Mr. Boehner, who met secretly with Mr. Obama last weekend, to consider as much as $1 trillion in unspecified new revenues as part of an overhaul of tax laws in exchange for an agreement that made substantial spending cuts, including in such social programs as Medicare and Medicaid and Social Security — programs that had been off the table.
________________________ ___________________
Tell me exactly what those cuts are?
why does it matter what EXACTLY they are
you know where they are coming from - the very things you hate - Medicare, Medicaid and Social Security
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Sorry dipshit - I made the wrong assumption that you actually read the article you linked. I'll take note of that for the next time.
I did read it but as I've said before I have not comitted every line to memory
now tell us why it is so important that you know exactly where the cuts from Medicaid, Medicare and Social Security come from
that was your point
right?
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no we don't
Reagan, Bush and Cheney told us that deficits don't matter
the entire Republican economic revolution is based on deficits and debt
There's your problem, believing that deficits don't matter. That is an ignorant comment. I hope Boehner has more sense than you.
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why does it matter what EXACTLY they are
you know where they are coming from - the very things you hate - Medicare, Medicaid and Social Security
]
Because most of those so called cuts are pure bullshit that will never happen and are slated to be 10 years out.
Reagan made the same mistake by trusting the communist RATS and said so many times.
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Because most of those so called cuts are pure bullshit that will never happen and are slated to be 10 years out.
Reagan made the same mistake by trusting the communist RATS and said so many times.
pure bullshit ?
give us the details on how know they are pure bullshit
don't forget to post a link to your source
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pure bullshit ?
give us the details on how know they are pure bullshit
don't forget to post a link to your source
I have been keeping track of the debt negotiations and everything that is being discussed by your cult leader obama is pure nonsense.
nothing is to take place NOW, nut years down the road.
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I have been keeping track of the debt negotiations and everything that is being discussed by your cult leader obama is pure nonsense.
nothing is to take place NOW, nut years down the road.
so the source is you pulled it out of your ass.......as usual ?
if not, then you should be able to provide some specific details
afterall, you've been keeping track of this stuff and EVERYTHING that is being discussed
Let's see some details and some source for your claim
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then say its from the article
again - everything you post is suspect unless it's sourced
Lmfao. Still laughing over this.
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Bwahahahahahahahaha! That's classic. ;D
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then say its from the article
again - everything you post is suspect unless it's sourced
Man, are you incompetent. You don't even read what you post. Just ripping articles based on their headlines like the good little sheeple you are. Embarrassing.
Cue the temper tantrum and stupid claims in an attempt to save face.
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Lmfao. Still laughing over this.
whenever I quote any article I always source it
when I quote an article that someone has posted I always say something to the effect of "from your link" or something similar
If you're telling me you commit every word of the few links you post I'll be glad to test you
to the actual content of your post
you've been keeping track of the debt negotiations and EVERYTHING that is being discussed
so you can easily explain why the proposed cuts to Medicare, Medicaid and Social Security are
in YOUR WORDS
pure bullshit
let's hear it and don't forget to source your information
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straw why dont you tell us why you feel they are actual and will be implemented immediately...
did you believe in the "shovel Ready" projects?
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Batchelor had a guest on from the hill who said obama is offering 2 billion in cuts and that's it. The rest is all bullshit like I said. I will post the clip tomorrow when it's uploaded.
Obama is lying again like on everything else.
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Batchelor had a guest on from the hill who said obama is offering 2 billion in cuts and that's it. The rest is all bullshit like I said. I will post the clip tomorrow when it's uploaded.
Obama is lying again like on everything else.
the NY Times reported "$2 trillion in savings ......and perhaps twice as much over the next decade"
I guess they will double check their numbers with Batchelors un-named guest and give us the truth
back to your claim about bullshit cuts in Medicaid, Medicare, and Social Security
you claim to follow this shit and you've claimed these cuts are "bullshit"
assuming you're not talking out of your ass
let's see some details
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Regime Change May Be Needed To Cut Deficit
By CHARLES KRAUTHAMMER
Posted 07/14/2011 06:38 PM ET
President Obama is demanding a big long-term budget deal. He won't sign anything less, he warns, asking, "If not now, when?"
How about last December, when he ignored his own debt commission's recommendations? How about February, when he presented a budget that increases debt by $10 trillion over the next decade? How about April, when he sought a debt-ceiling increase with zero debt reduction attached?
All of a sudden he's a born-again budget balancer prepared to bravely take on his own party by making deep cuts in entitlements. Really? Name one. He's been saying forever that he's prepared to discuss, engage, converse about entitlement cuts. But never once has he publicly proposed a single structural change to any entitlement.
Hasn't the White House leaked that he's prepared to raise the Medicare age or change the cost-of-living calculation? Anonymous talk is cheap. Leaks are designed to manipulate. Offers are floated and disappear. Say it, Mr. President. Give us one single structural change in entitlements. In public.
As part of the pose as the forward-looking grown-up rising above all the others who play politics, Obama insists upon a long-term deal. And what is Obama's definition of long-term? Surprise: An agreement that gets him past Nov. 6, 2012.
Nothing could be more political. It's like his Afghan surge wind-down date. September 2012 has no relation to any military reality on the ground. It is designed solely to position Obama favorably going into the last weeks of his re-election campaign.
Yet the Olympian above-the-fray no-politics-here pose is succeeding. A pliant press swallows the White House story line: the great compromiser ("clearly exasperated," sympathized a Washington Post news story) being stymied by Republican "intransigence" (the noun actually used in another front-page Post news story to describe the Republican position on taxes).
Call His Bluff
The meme having been established, Republicans have been neatly set up to take the fall if a deal is not reached by Aug. 2. Obama is already waving the red flag, warning ominously that Social Security, disabled veterans' benefits, "critical" medical research, food inspection — without which agriculture shuts down — are in jeopardy.
The Republicans are being totally outmaneuvered. The House speaker appears disoriented. It's time to act. Time to call Obama's bluff.
A long-term deal or nothing? The Republican House should immediately pass a short-term debt-ceiling hike of $500 billion containing $500 billion in budget cuts. That would give us about five months to work on something larger.
The fat-cat tax breaks (those corporate jets) that Obama's talking points endlessly recycle? Republicans should call for urgent negotiations on tax reform along the lines of Simpson-Bowles that, in one option, strips out annually $1.1 trillion of deductions, credits and loopholes while lowering tax rates across the board to a top rate of 23%.
The president says he wants tax reform, doesn't he? Well, Mr. President, here are five months to do so.
Will the Democratic Senate or the Democratic president refuse this offer and allow the country to default — with all the cataclysmic consequences that the Democrats have been warning about for months — because Obama insists on a deal that is 10 months and seven days longer?
That's indefensible and transparently self-serving. Dare the president to make that case. Dare him to veto — or the Democratic Senate to block — a short-term debt-limit increase.
This is certainly better than the McConnell plan, which would simply throw debt reduction back to the president. But if the House cannot do Plan A, McConnell is the fallback Plan B.
After all, by what crazy calculation should Republicans allow themselves to be blamed for a debt crisis that could destabilize the economy and even precipitate a double-dip recession? Right now, Obama owns the economy and its 9.2% unemployment, 1.9% GDP growth and exploding debt about which he's done nothing. Why bail him out by sharing ownership?
You cannot govern this country from one house. Republicans should have learned that from the 1995-96 Gingrich-Clinton fight when the GOP controlled both houses and still lost.
If conservatives really want to get the nation's spending under control, the only way is to win the presidency. Put the question to the country and let the people decide. To seriously jeopardize the election now in pursuit of a long-term small-government Ryan-like reform that is inherently unreachable without control of the White House may be good for the soul. But it could very well wreck the cause.
http://www.investors.com/NewsAndAnalysis/Article/578331/201107141838/Regime-Change-May-Be-Needed-To-Cut-Deficit.htm
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http://thehill.com/homenews/house/171703-house-gop-leaders-embrace-cut-cap-and-balance-as-solution-to-debt-standoff
House GOP leaders embrace ‘cut, cap and balance’ as solution to debt standoff
By Molly K. Hooper and Russell Berman - 07/15/11 10:00 AM ET
House Republican leaders are throwing their support behind the “cut, cap and balance” plan that conservatives are demanding in return for an increase in the federal debt ceiling.
According to lawmakers who attended an 8 a.m. meeting of the Republican conference, GOP House members rallied Friday behind an effort to cut spending, cap spending in future years and pass a balanced budget act to the Constitution — a package that has been pushed in the House by the Republican Study Committee (RSC).
The plan would authorize a $2.4 trillion increase in the debt ceiling after Congress passes a balanced budget amendment.
According to a summary shown to The Hill, the plan would cut $111 billion in fiscal year 2012 and cap spending at 18 percent of gross domestic product by 2021. The $2.4 trillion increase in the debt ceiling would satisfy President Obama’s demand that the additional borrowing authority carry the nation through the 2012 elections.
The move will allow the GOP to say it has acted to increase the debt ceiling and prevent a default, even if the plan is one that is likely to be rejected by Democrats and the White House.
(snip)
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good! Pass this, hand it off to obama and Reid and let them deal with it now. This is what they should have done from Day 1 to counter Obama's daily lie machine.
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Regime Change May Be Needed To Cut Deficit
By CHARLES KRAUTHAMMER
Posted 07/14/2011 06:38 PM ET
good job avoiding direct questions of your post and instead spamming with Krauthammer
He's right about one thing
In order to cut the deficit we do need regime changes.
We need a democratic majority in the house and 60+ in the Senate
That's the only way we'll ever get the debt and deficit under control
The only POTUS who even started us in the right direction was a Dem
The history of Republicans has been to increase the debt, in fact that is the hallmark of the modern repulican adminstration so why on earth would we suddenly expect them to change their ways after 30 years of doing the exact same thing
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good job avoiding direct questions of your post and instead spamming with Krauthammer
He's right about one thing
In order to cut the deficit we do need regime changes.
We need a democratic majority in the house and 60+ in the Senate
That's the only way we'll ever get the debt and deficit under control
The only POTUS who even started us in the right direction was a Dem
The history of Republicans has been to increase the debt, in fact that is the hallmark of the modern repulican adminstration so why on earth would we suddenly expect them to change their ways after 30 years of doing the exact same thing
Obama had 2 years of a dem house and senate and exploded the deficit. FAIL.
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good job avoiding direct questions of your post and instead spamming with Krauthammer
He's right about one thing
In order to cut the deficit we do need regime changes.
We need a democratic majority in the house and 60+ in the Senate
That's the only way we'll ever get the debt and deficit under control
The only POTUS who even started us in the right direction was a Dem
The history of Republicans has been to increase the debt, in fact that is the hallmark of the modern repulican adminstration so why on earth would we suddenly expect them to change their ways after 30 years of doing the exact same thing
This is perhaps the most ignorant post I have ever seen on this site, and that is saying something. One party rule is a recipe for disaster, as proven by Dem and Reps. I'm guessing you talking about Clinton? Yeah strange how money doesn't get spent when DC gets grid locked.
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Obama had 2 years of a dem house and senate and exploded the deficit. FAIL.
as you know (or maybe don't know) they didn't have 60+ votes in the Senate and the Senate Repubs shattered all previous records for filibuster
you know this for a fact by all the presidential appointees and various government jobs that were just vacant because Repubs would not allow our government to function
Regarding the Debt, we started will ~ 700 billion when Reagan came in office and Replicans EXPLODED both the debt and deficit but also the size of the government (3 things they claim to be against). As you know (or don't know) the expansion in the debt includes interest on all the debt racked up by previous administrations along with the additional debt added by those adnimistrations
Clinton added the least to the debt and left office with a budget surplus and a plan in place and working to pay down all the debt by the end of 2010
Why is the world would I ever believe that any Republican cares about the debt or deficit or has any actual plan in place to address it ?
Only an idiot would look at the past 30 years and expect the Republicans care about the debt or have a clue about how to pay it down
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Your graph is BS.
http://www.cnsnews.com/node/72404
http://online.wsj.com/article/SB123629969453946717.html
http://washingtonexaminer.com/politics/2009/02/obamas-trillions-dwarf-bushs-dangerous-spending
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Oh - notice when the deficit exploded under Bush = when pelosi and reid took over.
Another Straw Man FAIL.
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Your graph is BS.
http://www.cnsnews.com/node/72404
http://online.wsj.com/article/SB123629969453946717.html
http://washingtonexaminer.com/politics/2009/02/obamas-trillions-dwarf-bushs-dangerous-spending
it's totally accurate and as you know (or don't know) the expansion in the debt includes interest on all the debt racked up by previous administrations along with the additional debt added by those administrations
As you also know (or don't know) Obama came into office at a time when tax revenue was falling off a cliff which exacerbates the situation and we all know the Repubs prevented him from attacking the problem from that angle
Repubs like to pretend that our government works just like a family and when times are tough you tighten your belt except in real life when times are tough you get a second job, your wife goes back to work, etc... You don't just sit back and stop paying your bills you find a way to make more money
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Oh - notice when the deficit exploded under Bush = when pelosi and reid took over.
Another Straw Man FAIL.
how many spending bills did Bush veto in his 8 years in office?
Zero. That's how many.
He let pelosi and reid spend whatever they wanted. Can't blame dems for that alone - bush was cool with it too homie.
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how many spending bills did Bush veto in his 8 years in office?
Zero. That's how many.
He let pelosi and reid spend whatever they wanted. Can't blame dems for that alone - bush was cool with it too homie.
Your actually showing signs of intelligence with this post, there may yet be hope for you. Dems, Reps they don't have a problem spending money, where they disagree is what to spend it on.
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Your actually showing signs of intelligence with this post, there may yet be hope for you. Dems, Reps they don't have a problem spending money, where they disagree is what to spend it on.
i agree with you. they all kick the can down the road and serve the interests that put them and keep them in office.
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Obama is mentally deranged. This is really a sick person we are dealing with.
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www.thehill.com
Obama: Public is 'sold' on tax increases in a debt-ceiling deal
By Alicia M. Cohn - 07/15/11 11:54 AM ET
President Obama on Friday kept up the pressure on Republicans to agree to revenue increases in a deal to raise the debt ceiling, claiming 80 percent of the public supports Democrats' demand for tax increases.
"The American people are sold," he said. "The problem is members of Congress are dug in ideologically."
Obama said 80 percent of Americans are on his side in the debate over what to include in the debt package. Voters are paying attention to "who seems to be trying to get something done," the president said. "It's going to be in the interests of everybody who wants to serve in this town to make sure they are on the right side of that impression."
"I hope [Republicans are] not just listening to lobbyists and special interests ... I hope they're listening to the American people as well," Obama said, citing "poll after poll" showing Republican voters, as well as Democrats, believe in taking "a balanced approach" — including both increased revenues and spending cuts in a plan to cut the deficit.
Obama said he is still pushing for a big deal to raise the debt ceiling by the Aug. 2 deadline despite the hardening of positions on Capitol Hill.
"I always have hope," Obama said. "Don't you remember my campaign?"
The president said he is still waiting on his "Republican friends" to come up with a plan he can support.
"If they show me a serious plan, I'm ready to move," President Obama said.
The president dismissed the "Cut, Cap and Balance" bill to raise the debt ceiling that House Republicans plan to bring up for a vote next week. It would link a debt-limit increase to passage of a balanced-budget amendment.
"You'll probably see the House vote on a couple of things just to make political statements," Obama said.
"We don't need a constitutional amendment to do our jobs," Obama said, rejecting the conservative calls for a balanced-budget amendment. "The constitution already tells us to do our jobs."
Obama didn't rule out the fall-back plan proposed by Senate Minority Leader Mitch McConnell (R-Ky.) that would give the president the power to raise the debt-ceiling to avoid a national default.
"It is constructive to say that if Washington operates as usual and can't get anything done, let's at least avert Armageddon," he said. However, Obama said he wanted to address the deeper debt issues.
"I have not seen a credible plan ... that would allow you to get to $2.4 trillion without really hurting ordinary folks," he said.
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No one I know is SOLD on this bill of goods. Seems just making up arbitrary numbers to throw around has become an Obama specialty.
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Obama lied again.
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55% Oppose Tax Hike In Debt Ceiling Deal
Thursday, July 14, 2011
http://www.rasmussenreports.com/public_content/business/taxes/july_2011/55_oppose_tax_hike_in_debt_ceiling_deal
Beltway politicians try to figure out how they will raise the debt ceiling and for how long, most voters oppose including tax hikes in the deal.
Just 34% think a tax hike should be included in any legislation to raise the debt ceiling. A new Rasmussen Reports national telephone survey finds that 55% disagree and say it should not. (To see survey question wording, click here.)
There is a huge partisan divide on the question. Fifty-eight percent (58%) of Democrats want a tax hike in the deal while 82% of Republicans do not. Among those not affiliated with either major political party, 35% favor a tax hike and 51% are opposed.
Americans who earn more than $75,000 a year are evenly divided as to whether a tax hike should be included in the debt ceiling deal. Those who earn less are opposed to including tax hikes.
Voters remain very concerned about the debt ceiling issue. Sixty-nine percent (69%) believe that it would be bad for the economy if a failure to raise the debt ceiling led to government defaults. Only 6% believe it would be good for theeconomy. Fourteen percent (14%) believe it would have no impact and 11% are notsure. These figures are little changed from a few weeks ago.
At the same time, however, 52% believe it would beeven more dangerous to raise the debt ceiling without making significant cuts in government spending. Thirty-seven percent (37%) take the opposite view and believe a government default would be more dangerous.
(Want a free daily e-mail update ? If it's in the news, it's in our polls). Rasmussen Reports updates are alsoavailable on Twitter or Facebook.
The national telephone survey of 1,000 Likely Voters was conducted on July 12-13, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points witha 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC.See methodology.
Eighty-five percent (85%) of voters are following the debt ceiling story at least Somewhat Closely. That figure includes 48% who are following it Very Closely. Older voters are following the story more closely than younger voters.
Thirty-eightpercent (38%) believe the president has done a good or an excellent job handling the debt ceiling debate while 41% say he has done a poor job. Predictably, 74% of Democrats give him good or excellent marks while 71% of Republicans say he’s doing a poor job. Among those not affiliated with either major party, 31% give the president good or excellent marks on this topic while 42% say he’s doing a poor job.
Overall, the president’s Job Approval ratings have been remarkably stable for the past year-and-a-half. With only modest exceptions, his totalapproval numbers have stayed in the mid-to-high 40s since the end of 2009.
By a 59% to19% margin, Political Class voters favor a tax hike in the debt ceiling deal. By a 68% to 22% margin, Mainstream voters take the opposite view (for more on the Political Class-Mainstream classification, click here.
Data released earlier shows that most Americans believe tax hikes are bad for the economy and spending cuts are good.
Consumer confidence has fallen to the lowest level in twoyears and most Americans now believe their own personal finances are getting worse.
Additional information from this survey and a full demographic breakdown are available to Platinum Members only.
Please sign up for the Rasmussen Reports daily e-mail update (it’s free) or follow us on Twitter or Facebook. Let us keep you up to date with the latest public.
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Rasmussen Reports is an electronic media company specializing in the collection, publication and distribution of public opinion polling information. We poll on a variety of topics in the fields of politics, business and lifestyle, updating our site’s content on a news cycle throughout the day, everyday.
Rasmussen Reports Platinum Members get an all-access pass to polling news, analysis and insight not available to the general public.
Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade. To learn more about our methodology, click here.
The national telephone survey of 1,000 Likely Voters was conducted on July 12-13, 2011 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points witha 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC.See methodology.
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how many spending bills did Bush veto in his 8 years in office?
Zero. That's how many.
He let pelosi and reid spend whatever they wanted. Can't blame dems for that alone - bush was cool with it too homie.
and everything Bush and the Repubs wanted too
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Jackson Lee: Congress complicating debt ceiling because Obama is black
By Josiah Ryan - 07/15/11 03:02 PM ET
www.thehill.com
Rep. Sheila Jackson Lee (D-Texas) on Friday strongly suggested that members of Congress are making it difficult for President Obama to raise the debt ceiling because of his race.
"I do not understand what I think is the maligning and maliciousness [toward] this president,” said Jackson Lee, a member of the Congressional Black Caucus. “Why is he different? And in my community, that is the question that we raise. In the minority community that is question that is being raised. Why is this president being treated so disrespectfully? Why has the debt limit been raised 60 times? Why did the leader of the Senate continually talk about his job is to bring the president down to make sure he is unelected?”
Earlier in her speech, Jackson Lee said Obama has been targeted unlike any other president.
"I am particularly sensitive to the fact that only this president — only this one, only this one — has received the kind of attacks and disagreement and inability to work, only this one," said Jackson Lee from the House floor.
"Read between the lines," she continued. "What is different about this president that should put him in a position that he should not receive the same kind of respectful treatment of when it is necessary to raise the debt limit in order to pay our bills, something required by both statute and the 14th amendment?"
Jackson Lee concluded by saying that she hoped someone would step up and say that what appears obvious to her is not in fact true.
"I hope someone will say that what it appears to be is not in fact accurate," said Lee. "But historically it seems to be nothing more."
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Well that didn't take long ::)
(http://t2.gstatic.com/images?q=tbn:ANd9GcTc91ZTBSXDCCBQ-NRfcJIlYmLVzj1USbZUFlp014qld92CxwB8hA)
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Well that didn't take long ::)
(http://t2.gstatic.com/images?q=tbn:ANd9GcTc91ZTBSXDCCBQ-NRfcJIlYmLVzj1USbZUFlp014qld92CxwB8hA)
no, it didn't. And that, along with the "Blame Bush" mantra, I predict will come up again in 2012.
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http://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=109&session=2&vote=00054
Ha ha a ha. Fail.
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Thought this was kinda funny. :)
Body Language Betrays Obama
Saturday, 16 Jul 2011
By Caroline Rawls
With only a few weeks remaining until the Aug. 2 debt-ceiling deadline, the public is looking to President Barack Obama to provide much-needed leadership in the ongoing congressional battle over deficits and spending.
But body language expert Lillian Glass, author of the best-selling book Barack Obama, Body Language, Debt Ceiling, Lillian Glass“Toxic People” and regular commentator on the “Nancy Grace Show” and MSNBC, warns that the president is not portraying himself as the strong leader America needs.
“This is not the President Obama we initially elected,” Glass told Newsmax in an exclusive interview.
After watching Obama address the debt ceiling issue during his “Twitter” Town Hall and other TV appearances, Glass noted his obvious weary appearance and gray hair, but then examined some specific body language signals and what they mean.
“The obvious tightness around his jaw denotes a feeling of anger,” Glass explained. “The way President Obama’s shoulders were rounded and focused inward shows that he feels defeated and insecure.”
His delivery also failed to meet the presidential standard, she said. ”There were endless stammers and stutters around certain important words when he’s talking about [the debt ceiling] showing he doesn’t really believe what he’s saying. For example, the president noticeably stammered as he admitted, ‘and we need to look at entitlements.’”
Glass particularly noted the president’s tendency to look down frequently throughout his response to the debt ceiling Twitter questioning. “This conveys a sense of deception. And you still notice it today.”
At one point, the president even projected his own uncertainties about how to deal with the debt crisis onto a Twitter user who contributed a debt-ceiling question, observed Glass, who said that is especially noteworthy.
Pointing to the Twitter user’s profile picture, Obama said jokingly, “This picture captures it all . . . He’s looking kind of confused.”
Such pointing and gesturing telegraph the president’s way of “deflecting focus off of himself and his own confusion,” Glass confided to Newsmax.
Despite these various indicators that the president is exhausted by the partisan back-and-forth, Glass said his anger shines through most clearly. Unlike most presidents who typically point with their fingers, Obama employed “an angry fist-like gesture” and pumped his arms widely, Glass said.
Obama knows the debt talks could jeopardize his chances for re-election, and as his frustration mounts, so does his composure weaken. The Obama we saw two years ago and the one we are seeing today are “distinct like night and day,” Glass said.
http://www.newsmax.com/InsideCover/BarackObama-BodyLanguage-DebtCeiling-LillianGlass/2011/07/16/id/403824
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It really says a lot about Obama and the Dems that, even with McConnell sabotaging everything the GOP does, they're still coming out looking like the morons in these talks.
Then again, can't expect anything less from a party that won't pass a budget for 800+ days now.
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Did Clinton decrease the debt???
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The Clinton administration got grid locked by republicans. This is a prime example of why single party rule is a fiasco, when neither side can pass much of anything, its good for America.
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The Clinton administration got grid locked by republicans. This is a prime example of why single party rule is a fiasco, when neither side can pass much of anything, its good for America.
Hmm maybe we should try that again then
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Breaking: White House threatens veto of GOP Cut, Cap, and Balance bill
Hotair ^ | 07/18/2011 | Ed Morrisey
With the House poised to vote on a debt-ceiling increase tomorrow, the White House has released a threat to veto the bill if it reaches the President’s desk. This statement was just released by e-mail, emphasis in the original:
The Administration strongly opposes H.R. 2560, the “Cut, Cap and Balance Act of 2011.” Neither setting arbitrary spending levels nor amending the Constitution is necessary to restore fiscal responsibility. Increasing the Federal debt limit, which is needed to avoid a Federal government default on its obligations and a severe blow to the economy, should not be conditioned on taking these actions. Instead of pursuing an empty political statement and unrealistic policy goals, it is necessary to move beyond politics as usual and find bipartisan common ground.
The bill would undercut the Federal Government’s ability to meet its core commitments to seniors, middle-class families and the most vulnerable, while reducing our ability to invest in our future. H. R. 2560 would set unrealistic spending caps that could result in significant cuts to education, research and development, and other programs critical to growing our economy and winning the future. It could also lead to severe cuts in Medicare and Social Security, which are growing to accommodate the retirement of the baby boomers, and put at risk the retirement security for tens of millions of Americans.
Furthermore, H. R. 2560 could require even deeper cuts, since it conditions an increase in the Federal debt limit on Congressional passage of a Balanced Budget Amendment. H. R. 2560 sets out a false and unacceptable choice between the Federal Government defaulting on its obligations now or, alternatively, passing a Balanced Budget Amendment that, in the years ahead, will likely leave the Nation unable to meet its core commitment of ensuring dignity in retirement.
The President has proposed a comprehensive and balanced framework that ensures we live within our means and reduces the deficit by $4 trillion, while supporting economic growth and long-term job creation, protecting critical investments, and meeting the commitments made to provide economic security to Americans no matter their circumstances. H.R. 2560 is inconsistent with this responsible framework to restore fiscal responsibility and is not an appropriate method of reducing the Nation’s deficits and debt. The Administration is committed to working with the Congress on a bipartisan basis to achieve real solutions.
If the President were presented this bill for signature, he would veto it.
A few points seem remarkable here. Is it really Barack Obama’s contention that a balanced budget, now or in the future, threatens the dignity of retirees? What basis does he have for claiming that deficits are a necessary component of retiree dignity? That sounds very much like a demand for eternal deficit spending, with no attempt at any discipline whatsoever.
As far as Obama’s “comprehensive and balanced framework,” CNS News reminds us that the only specific plan Obama has published actually increases deficit spending rather than decrease it:
While the Republican-controlled House of Representatives has voted this year to approve House Budget Chairman Paul Ryan’s (R.-Wis.) proposal–that would put the government on a gradual path to a surplus by 2040–and plans to vote on a balanced budget amendment next week that would cap federal spending at 18 percent of GDP, the only budget proposal President Obama’s has publicly revealed in 2011 would, according to the Congressional Budget Office, increase the deficit by $26 billion this year, $83 billion next year, and $2.7 trillion over the next decade.
Additionally, although annual budget deficits would decline somewhat between 2013 and 2015 under Obama’s proposal, according to the CBO, after that they would start increasing again, going up every year from 2016 to 2021, the last year estimated by the CBO.
In short, the only budget proposal Obama has put forward this year for the public to review and analyze puts the federal government on a path to eventual bankruptcy.
The CBO report from April can be found here. This chart shows that Obama’s projected budget produces bigger deficits by percentage of GDP than anything seen since 1981 — with the exceptions of the Democratic budgets to 2008-11. They’re worse than the baseline we’re on at the moment, and not coincidentally, they make the debt load appreciably worse as a result:
If the CCB bill gets through the House and the Senate, would Obama really veto it? He’d have to defy a Senate controlled by his own party to cancel a debt-limit increase in a situation that his own administration has relentlessly hyped as a fiscal Armageddon. I’d call that a real long shot.
Call his bluff, GOP.