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BREAKING: President Obama Addresses the Nation Tonight at 9

BDBoop said:
If the President is speaking, I want to hear it. We should all want to hear it, as he is the leader of our nation. We are in a state of crisis, like it or not, admit it or not.
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so did he say anything that was new or just waste 15 minutes we will never get back.
 
TBone said:
best thing for this country is the Boehner and the tp to f this up. Then the idiots that voted for these idiots, will vote them out . . . again.

The TP can then take their muskets and plows and yell at the dem's.
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I dunno. Even the unmitigated disaster of Bush wasn't enough to wake them up. The more spectacularly their plan fails the more passionately they fight for it.
 
Looks like the speech was effective, or else our resident rightwingers wouldn't be hyperventilating
 
TurtleDude said:
asswipes because they think the government spends too much and taxes too much? that position of yours suggests you are a net tax consumer and are mad that the TPA are trying to dry up the public teat
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Untrue, I think that this country gives oil companies and multi trillion dollar corps tax breaks and substidies (sic). So a case can be made they live off the benefit of gov't more than you and I, all in the name of "they create jobs." Lets look at how this groups ship profits outside of the US, and move jobs outside of the US. Take those on welfare off who are lazy and can work, but those that paid for Social Security and Medicare, need be covered.
 
TBone said:
Untrue, I think that this country gives oil companies and multi trillion dollar corps tax breaks and substidies (sic). So a case can be made they live off the benefit of gov't more than you and I, all in the name of "they create jobs." Lets look at how this groups ship profits outside of the US, and move jobs outside of the US. Take those on welfare off who are lazy and can work, but those that paid for Social Security and Medicare, need be covered.
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corporations shouldn't pay taxes. INcome shouldn't be taxed-rather consumption should be taxed. and that would eliminate all those subsidies you complain about such as not taxing GE for profits they paid taxes on in the countries where the money was earned
 
"Overheard Boehner saying "I didn't sign up for going mano-a-mano with the President of the United States" leaving the Capitol." <<--- twitter by Jill Jackson, CBS News.

That's okay, honey. You didn't.
 
WASHINGTON (AP) -- House Speaker John Boehner says President Barack Obama wants a blank check from Congress to raise the debt ceiling, but that he's not going to get one.

Boehner says the solution to the debt crisis isn't complicated. He says if you spend more than you take in, you have to spend less.

In his response to Obama's televised address to the nation, Boehner gave no indication of compromise.

The House speaker did say the U.S. cannot default. He said the crisis would be over if the Senate approves a new House Republican plan to be voted on in the House this week, and if the president signs it.
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News from The Associated Press
 
Boehner can't win for losing.

Tea Party Coalition Rejects Boehner's Debt Proposal (UPDATE)

UPDATE: 4:10 p.m. -- A coalition of Tea Party chapters and conservative lawmakers on Monday rejected the debt proposal put forward by Speaker John Boehner (R-Ohio), despite his efforts to sweeten the deal with provisions favored by his conservative base.

The Cut, Cap, Balance Coalition, which boasts hundreds of Tea Party groups and more than 100 GOP lawmakers in its membership, is citing two provisions in Boehner's proposal that amount to deal-breakers: its call for creating a Congressional Commission and its inclusion of a balanced budget amendment that, according to the group, is only for show.

"A symbolic vote on a balanced budget amendment at some later time minimizes its importance, as it will not be tied to an increase in the debt ceiling," reads a statement from the coalition. "A BBA that allows a tax increase with anything less than a 2/3 supermajority is not a serious measure."
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Hell, in his shoes? I'd be drinking heavily, too.
 
BDBoop said:
"Overheard Boehner saying "I didn't sign up for going mano-a-mano with the President of the United States" leaving the Capitol." <<--- twitter by Jill Jackson, CBS News.

That's okay, honey. You didn't.
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yeah I believe that is credible. I surely do
 
washunut said:
so did he say anything that was new or just waste 15 minutes we will never get back.
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I think the point was to remind us he's still officially president. Oh, and he wants to compromise.
 
washunut said:
so did he say anything that was new or just waste 15 minutes we will never get back.
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The President basically recounted the last 10 years and explained to the American people exactly how the fed got into this mess - years of unfunded liabilities (i.e., 2 wars and a prescription drug program) and an economic crisis that required federal spending (TARP, the Stimulus, unemployment benefits). He didn't place blame on any one party; he blamed both sides. But where it came to compromising on those "sacred cows" both parties cling to, the President reaffirmed how the many within the Democrat party and some Republicans mostly in the Senate were willing to compromise and do what was in the best interest of the country while members of the House - Tea Partiers - refused to buldge on their position of no tax increases of any kind and not raising the debt limit whether spending cuts are involved or not.

I watched the press conference along with Speaker Boehner's rebuttle on my local Fox network channel and what I found very telling was that once Boehner was done, the Fox commentator admitted that the bipartisan agreement the House passed - their Cut, Cap and Balance bill - only received 5 Democrat votes. Moreover, the Speaker's own two-part plan to raise the debt limit was rejected by the House w/the Tea Party voting soundly against it. This more than anything else should affirm to the American people not only where the leadership problem exists but also which chamber of Congress is truly causing problems. Here are two clues: it ain't the President and it's not the Senate!

Something else I found interesting: The President hit the reset button on negotiations and gave himself two options as a way out.

Option 1: $4T in spending cuts for $1T in revenue, no major entitlement reforms

Option 2: $2.7T in spending cuts, no tax increase (Sen. Reid's proposal which would pass in both chambers of Congress).

Either way, he wins!!!
 
Objective Voice said:
The President basically recounted the last 10 years and explained to the American people exactly how the fed got into this mess - years of unfunded liabilities (i.e., 2 wars and a prescription drug program) and an economic crisis that required federal spending (TARP, the Stimulus, unemployment benefits). He didn't place blame on any one party; he blamed both sides. But where it came to compromising on those "sacred cows" both parties cling to, the President reaffirmed how the many within the Democrat party and some Republicans mostly in the Senate were willing to compromise and do what was in the best interest of the country while members of the House - Tea Partiers - refused to buldge on their position of no tax increases of any kind and not raising the debt limit whether spending cuts are involved or not.

I watched the press conference along with Speaker Boehner's rebuttle on my local Fox network channel and what I found very telling was that once Boehner was done, the Fox commentator admitted that the bipartisan agreement the House passed - their Cut, Cap and Balance bill - only received 5 Democrat votes. Moreover, the Speaker's own two-part plan to raise the debt limit was rejected by the House w/the Tea Party voting soundly against it. This more than anything else should affirm to the American people not only where the leadership problem exists but also which chamber of Congress is truly causing problems. Here are two clues: it ain't the President and it's not the Senate!

Something else I found interesting: The President hit the reset button on negotiations and gave himself two options as a way out.

Option 1: $4T in spending cuts for $1T in revenue, no major entitlement reforms

Option 2: $2.7T in spending cuts, no tax increase (Sen. Reid's proposal which would pass in both chambers of Congress).

Either way, he wins!!!
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24editorial_graph2-popup.gif
 
TurtleDude said:
corporations shouldn't pay taxes. INcome shouldn't be taxed-rather consumption should be taxed. and that would eliminate all those subsidies you complain about such as not taxing GE for profits they paid taxes on in the countries where the money was earned
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Why not? The Supreme Court has declared them to be "individuals". Why shouldn't they pay taxes just like the rest of us?
 
Reids program has zero chance of passing. Basically all it does is raise the debt limit with no strings attached.
 
Middleground said:
24editorial_graph2-popup.gif
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This is exactly what I've been saying to people for the last five months, that the spending under Pres. Obama hasn't been anywhere near as much as it was under Pres. GWB. Yet, people continue to buy into the BS that a $780B stimulus bill, an extension of tax cut initiated by his predecessor and a few million in unemployment benefits (which aren't on the graph, btw) equals enough expenditures to suddenly throw this nation's economy in the red. BULL!

Edit: And like 1Perry points out, it doesn't include spending on Libya either, but I seriously doubt when unemployment cost and the price tag for Libya will get us anywhere near the amount spent under GW Bush.

1Perry said:
Reids program has zero chance of passing. Basically all it does is raise the debt limit with no strings attached.
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If you want to just get this thing done w/o strings attached, it would make sense to cut spending above the amount you want the debt ceiling raised since both sides agree that spending cuts need to be done. As long as those cuts aren't done to entitlement programs that reduce benefits to recipients, I think it's something both sides can agree on.
 
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TurtleDude said:
you sound like someone who is upset with the rich
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No, I am disheartened that you advocate taking money from those serving in the military. You advocate cutting the benefits of disabled veterans. You advocate cutting the retirement pensions of members of the U.S. military. You advocate doing that because Big Business and wealthy people feel entitled. Shame on you.
 
Objective Voice said:
Why not? The Supreme Court has declared them to be "individuals". Why shouldn't they pay taxes just like the rest of us?
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because they are merely a conduit to transfer money to their owners

there should be no double taxation on corporate profits
 
Risky Thicket said:
No, I am disheartened that you advocate taking money from those serving in the military. You advocate cutting the benefits of disabled veterans. You advocate cutting the retirement pensions of members of the U.S. military. You advocate doing that because Big Business and wealthy people feel entitled. Shame on you.
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stop making up stuff. THe military is a proper constitutional function
 
Objective Voice said:
The President basically recounted the last 10 years and explained to the American people exactly how the fed got into this mess - years of unfunded liabilities (i.e., 2 wars and a prescription drug program) and an economic crisis that required federal spending (TARP, the Stimulus, unemployment benefits). He didn't place blame on any one party; he blamed both sides. But where it came to compromising on those "sacred cows" both parties cling to, the President reaffirmed how the many within the Democrat party and some Republicans mostly in the Senate were willing to compromise and do what was in the best interest of the country while members of the House - Tea Partiers - refused to buldge on their position of no tax increases of any kind and not raising the debt limit whether spending cuts are involved or not.

I watched the press conference along with Speaker Boehner's rebuttle on my local Fox network channel and what I found very telling was that once Boehner was done, the Fox commentator admitted that the bipartisan agreement the House passed - their Cut, Cap and Balance bill - only received 5 Democrat votes. Moreover, the Speaker's own two-part plan to raise the debt limit was rejected by the House w/the Tea Party voting soundly against it. This more than anything else should affirm to the American people not only where the leadership problem exists but also which chamber of Congress is truly causing problems. Here are two clues: it ain't the President and it's not the Senate!

Something else I found interesting: The President hit the reset button on negotiations and gave himself two options as a way out.

Option 1: $4T in spending cuts for $1T in revenue, no major entitlement reforms

Option 2: $2.7T in spending cuts, no tax increase (Sen. Reid's proposal which would pass in both chambers of Congress).

Either way, he wins!!!
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Like I said a waste of 15 minutes I will never get back. Make that 16 minutes counting reading your response.
 
MrVicchio said:
All Hail Obama! All Hail Obama!
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I'll never understand why the right addresses him like he 's a messiah. :roll:

MrVicchio said:
His Party hasn't passed a budget for years, now we're in a massive budget mess!
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I wish I knew where that talking point stems from? Obama has submitted 3 budgets so far as president. The first one was passed by Democrats in 2009. The second one was passed by Republicans in April. And the 2012 budget is sitting with Republcans now.
 
Objective Voice said:
If you want to just get this thing done w/o strings attached, it would make sense to cut spending above the amount you want the debt ceiling raised since both sides agree that spending cuts need to be done. As long as those cuts aren't done to entitlement programs that reduce benefits to recipients, I think it's something both sides can agree on.
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Reid counts things as cuts that are already scheduled to be cut. He's added things like the savings from pulling out of Iraq which is supposedly already scheduled to happen. The problem is, it might not happen and it's not really cutting anything to justify raising the ceiling.

That's never going to pass.
 
I have to wonder how he can keep a strait face with lines like these


In the past, raising the debt ceiling was routine. Since the 1950s, Congress has always passed it, and every President has signed it. President Reagan did it 18 times. George W. Bush did it 7 times. And we have to do it by next Tuesday, August 2nd, or else we won’t be able to pay all of our bills.
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considering he voted against raising it in 2006, and then this,

We know what we have to do to reduce our deficits; there’s no point in putting the economy at risk by kicking the can further down the road.
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In view of the budget he himself submitted that the Senate voted down 97-0.

Dude's got nerve.
 
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