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Thread: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Pilot View Post
    With USD that has to be paid back with interest.
    even if the debt ceiling were not raised, government would still operate, because money from taxes is still flowing into the treasury.

    it would mean government would have to prioritize its spending and pay, for essentials services only.

    obama will only promise to cut spending in the future, he will not be for cutting anything serious today, because he knows he or congress today cannot force a congress of tomorrow do anything.

    look for promises, but no real action.

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Pilot View Post
    With USD that has to be paid back with interest.
    Yes, what is your point?

    Quote Originally Posted by tessaesque View Post
    What budget are you talking about? There hasn't been an actual budget in several years. All we've managed to accomplish is several "spending resolutions" that keep us as full-deployment, full-stimulus, full-TARP spending, despite the fact that we're not actually at full-deployment, or re-issuing stimulus or TARP funds.
    The "spending resolutions" are to what I am referring. I wrote budget in lower case.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Khayembii Communique View Post
    Yes, what is your point?



    The "spending resolutions" are to what I am referring. I wrote budget in lower case.
    I fail to see how putting "budget" in lower case in anyway negates the fact that the statement was incorrect.
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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Khayembii Communique View Post
    He shouldn't have to negotiate on the debt ceiling. That should be a non-issue.
    If Obama told you snow was black you'd believe him

    Letter to POTUS

    "O" the Debt Ceiling - YouTube

    Obama on debt in 2008 - YouTube

    Speaker Pelosi on Restoring Pay-As-You-Go Budget Discipline - YouTube

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by TheDemSocialist View Post
    Read more @: Obama chides GOP on debt limit: 'We are not a deadbeat nation' - NBC Politics

    [/FONT][/COLOR][/FONT][/COLOR]

    Read more: Obama press conference: No ?ransom? for raising debt ceiling - Jennifer Epstein - POLITICO.com


    Obama said he will not negotiate on the debt ceiling. He also talked about gun control, and more.
    Missing original comments.

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    What do you think about what he said?

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Bronson View Post
    If Obama told you snow was black you'd believe him
    Snow can be black



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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Khayembii Communique View Post
    Payment of the national debt is not an issue unless one arbitrarily chooses not to fund the government budget which was already passed.

    If you want to argue about balancing the budget, do it in budget negotiations; don't oppose raising funds for the spending you already approved. That makes you a hypocrite.
    So we should shut down the gov't instead? Obama will not negotiate, as he has a "mandate" to keep right on borrowing and spending - just ask him. "Budget" negotiations require a "budget", can you show us one for any year since Obama was in office? I seem to recall that the new "budget" deal is using "continuing resolutions" to keep federal spending based upon the 20% increased level attained in 2008/9 with the "one time" TARP and ARRA (stimulus) "crisis" and "emergency" added "Bush" spending. We were told it was the "Bush wars" that made federal spending so high, yet how much did the federal deficit/spending go down after the "Bush" Iraq war ended? Hmm...
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    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Personally I think its the height of hypocrasy for him to claim hes signed 1.4T in spending cuts. He referring to the sequestor which he wants to repeal, thats over ten years, and it doesnt actually cut spending. And this is all after he signed 1T in NEW spending, per year, since he took office. And then when he had the chance to rasie taxes by 400bn a year across the board, he signed away 75% of that increase. And dont forget his last budget he proposed, which suggested we INCREASE spending to 46 trillion over 10 years! And still run trillion dollar deficits during the entire time!

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    Quote Originally Posted by Khayembii Communique View Post
    Payment of the national debt is not an issue unless one arbitrarily chooses not to fund the government budget which was already passed.

    If you want to argue about balancing the budget, do it in budget negotiations; don't oppose raising funds for the spending you already approved. That makes you a hypocrite.
    No such budget has passed. The govt has been living off arbitary continuing resolutions for years. The last such was in September appropriating spending through March, which have enough to pay for already without borrowing.

    Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress)

    Edit: plus the Sandy relief bill
    Last edited by jonny5; 01-14-13 at 02:35 PM.

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    re: Obama chides GOP on debt limit: 'We are not a deadbeat nation'

    So, essentially Obama is speaking like an arrogant child and refusing to compromise on the budget as well as ensuring that he's going to increase gun control.

    More of the same from Thank God I'm in school until 2016.
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    Tired of elections being between the lesser of two evils.

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