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Obama says he cannot guarantee Social Security checks will go out on August 3

PzKfW IVe said:
So are Democrats.
But, that's OK - right?
:roll:
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Yes, Dems are willing to compromise. Perhaps you missed the 4 trillion in cuts Obama offered to the GOP's "we get everyting we want and you get nothing". Of course, I realize you didn't miss it. You just want to act like it's all the Dems' fault. Like the good little partisan hack that you are.
 
pbrauer said:
The whole debt ceiling is a manufactured problem by REPUBLICANS, the debt ceiling has been raised 74 times since JFK was President. This is the only time there has been a problem getting it passed.
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There are actually three instances when the United States could be seen to have defaulted on its obligations — in 1790, in 1933 and in 1971.
 
Obama's not coming through with things. What's new.
 
pbrauer said:
The whole debt ceiling is a manufactured problem by REPUBLICANS, the debt ceiling has been raised 74 times since JFK was President. This is the only time there has been a problem getting it passed.
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Yes we know Petey ... REPUBLICANS are the only evil and do everything wrong according to you.

Cuckoo_clock_2.gif
 
randel said:
see post 72..you are using flawed logic...compromise means meeting in the middle.
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Yes - and the Dems refuse to do that, in that they refuse to do anythig w/o tax hikes, and they refuse to do anything that cuts entitlements.
They refuse to comprimise.
No way around it.
 
pbrauer said:
The whole debt ceiling is a manufactured problem by REPUBLICANS, the debt ceiling has been raised 74 times since JFK was President. This is the only time there has been a problem getting it passed.
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What, exactly, IS the "debt ceiling 'problem'"?
 
MrVicchio said:
See what? That the GOP admits we cannot afford this spending, and enabling MORE is just putting a temporary bandage on a problem that IS NOT GOING TO GO AWAY.
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Republicans are such hypocrites! We've been in debt for years under both republican and democratic presidents. When Bush went on a spending spree, the same republican politicans were on board. Now, when it's President Obama, we cannot afford any more increases.
 
BDBoop said:
Oh they're well beyond 'screwed' and clear on over to '****ed' on the PR front. Nobody's forgetting this for a VERY long time.
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That's usually what happens when you save the country from those that would ruin it just so they can continue to buy votes with government handouts.
:clap:
 
There is some serious stupid in thus thread.

Suddenly raising the debt ceiling is a problem for everyone because there's a democrat in the white house.

Kind of reminds me of when Obama was elected, everyone and their dog was all of a sudden a constitutional scholar.

Dont raise the debt ceiling america, because then you'll realize the impact of politicians pandering to stupid people.
 
Sgt Meowenstein said:
Yes, Dems are willing to compromise.
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They're willing to a deficit reduction deal that does NOT include tax cuts?
they;re willing to a deficit reduction deal that cuts SS and medicare?
No, no they are not.
And so, they are -not- willing to comprimise.
 
Meanwhile on the home front (for me at least, but I am sure every Congressman across the country is touting the same kind of thing in their own district)

REYES announces $1.27 million federal grant funding for UTEP research

U.S. Representative Silvestre Reyes

I guess he didn't get the memo from The President about Social Security, Medicaid, Veterans Benefit cheks etc won't be cut on 8/3.
 
Texmex said:
Republicans are such hypocrites! We've been in debt for years under both republican and democratic presidents. When Bush went on a spending spree, the same republican politicans were on board. Now, when it's President Obama, we cannot afford any more increases.
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Demo's under Obama are spending at a rate in the Trillions per year. This type of spending wasn't happening under GOP.

j-mac
 
Texmex said:
Republicans are such hypocrites! We've been in debt for years under both republican and democratic presidents. When Bush went on a spending spree, the same republican politicans were on board. Now, when it's President Obama, we cannot afford any more increases.
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When Bush did it, people didn't take as much notice. Unemployment was lower, housing wasn't a problem nor were defaults, people were working, and the anti-war crowd was taking up all the headlines and television news time protesting Bush everywhere he went. See... times changed. NOW we're technically out of a recession with 9.2% unemployment, a sputtering economy, failed stimulus spending, and Europe bracing for very hard times. THIS conservative wasn't on board when Bush was spending ... to your point, it's not any better when a (R) does it or when a (D) does it. We cannot afford more increases because this is now, and that was then. Then wasn't so bad... now is. See the whole "time" thing and how that works?
 
donsutherland1 said:
Payments for Social Security come from payroll tax collections and liquidation of Treasury securities held by the Social Security Fund. Payroll tax revenue is not restricted to Social Security. The funds are treated as general revenue. Were the nation to fail to raise its debt ceiling, all revenue (including payroll tax revenue) would almost certainly be used to meet debt obligations ahead of everything else.
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I posted the following in the thread:

Objective Voice said:
I posted a link to a NYTimes article discussing the 5 Myths on the debt ceiling. However, that article didn't outline the consequences for everyday Americans if the debt ceiling isn't raised. But this white paper by Thirdway.org explains the very real, very potential consequences of doing nothing or delaying for even one 24-hour period (which incidentally also mirrors the warning given under myth #3). I think everyone should read this paper to get a real, no-politics understand of what's at stake.
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The first 2 paragraphs to the white paper under "What is Default?" clearly outlines the relationship between U.S. Treasury bonds and Social Security. Again, I urge posters to read it thoroughly!
 
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PzKfW IVe said:
They're willing to a deficit reduction deal that does NOT include tax cuts?
they;re willing to a deficit reduction deal that cuts SS and medicare?
No, no they are not.
And so, they are -not- willing to comprimise.
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Never mind. You're clueless and hopeless. I'd be better off talking to a dining room table.
 
Sgt Meowenstein said:
Yes, Dems are willing to compromise. Perhaps you missed the 4 trillion in cuts Obama offered to the GOP's "we get everyting we want and you get nothing". Of course, I realize you didn't miss it. You just want to act like it's all the Dems' fault. Like the good little partisan hack that you are.
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I'm guessing they don't read, they just parrot beliefs in the hope somebody will actually perceive the idiocy as the God's Honest Truth.
 
j-mac said:
Demo's under Obama are spending at a rate in the Trillions per year. This type of spending wasn't happening under GOP.

j-mac
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There was a pretty good deal of spending. And the econmy just hitting the troublesome area. Bush also signed a bailout, and was ahnding out money. Much of Obama's first year Budget was effected by Bush's expenditures. There is little evidence republicans would have been much more thifty. They would have simply spent more on the wealthy and less on those in need.
 
Boo Radley said:
There was a pretty good deal of spending. And the econmy just hitting the troublesome area. Bush also signed a bailout, and was ahnding out money. Much of Obama's first year Budget was effected by Bush's expenditures. There is little evidence republicans would have been much more thifty. They would have simply spent more on the wealthy and less on those in need.
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You had my agreement up until that last pesky sentence
 
snilloctjc said:
You had my agreement up until that last pesky sentence
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I think it is accurate all the same. They would ahve given more tax cuts, and sought money that would go to business and wealthy. Both sides spend, but they don't always spend in the same areas.
 
Boo Radley said:
I think it is accurate all the same. They would ahve given more tax cuts, and sought money that would go to business and wealthy. Both sides spend, but they don't always spend in the same areas.
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Yes they do. I live in one of the most solidly Democratic districts in the country and my Congressman just loves defense contractors. He gave a few million in earmarks to a company that 5 years later is still a rent a secretary in a rented office "suite". But hey what the heck their good for $10 to $20K in campaign donations
 
snilloctjc said:
Yes they do. I live in one of the most solidly Democratic districts in the country and my Congressman just loves defense contractors. He gave a few million in earmarks to a company that 5 years later is still a rent a secretary in a rented office "suite". But hey what the heck their good for $10 to $20K in campaign donations
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All congress critiers like pork. And frankly, so do we the voters. Not YOUR pork mind you. We like our pork. ;)
 
PzKfW IVe said:
How did I know you'd try to equivocate some more, to avoid having to say that the Dem's unwillingness to compromise is "disgusting"?

Your post is either abject ignorance, or a lie.
- They demand that taxes be raised
- They refuse to allow for the idea that certain entitlements be cut
They refuse to compromise.
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You don't understand compromise, do you?

To be willing to compromise doesn't mean that everything is on the table. Obama offered a good compromise, the Republicans are the ones who refused.
 
Ockham said:
When Bush did it, people didn't take as much notice. Unemployment was lower, housing wasn't a problem nor were defaults, people were working, and the anti-war crowd was taking up all the headlines and television news time protesting Bush everywhere he went. See... times changed. NOW we're technically out of a recession with 9.2% unemployment, a sputtering economy, failed stimulus spending, and Europe bracing for very hard times. THIS conservative wasn't on board when Bush was spending ... to your point, it's not any better when a (R) does it or when a (D) does it. We cannot afford more increases because this is now, and that was then. Then wasn't so bad... now is. See the whole "time" thing and how that works?
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Good rationalization!
 
Ikari said:
Kinda like the Republicans threaten the whole of us to preserve tax loopholes like the Capital Gains tax? Yup, peas in a pod y'all are. Good job not doing anything productive and doing everything y'all can to bring down the Republic. Great.
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I remember when the Republicans bullied the last democrat president on capital gains in the late 90s. The sharp upturn in tax revenue nearly brought down the Republic. I for one don't want to go through THAT again.
 
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