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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 Khayembii Communique View Post
    You are correct but Obama wasn't arguing that. He isn't a Keynesian.
    Wait, i thought he was a Kenyan?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by sangha View Post
    I was right. Only in the minds of 2nd amend bed-wetters
    Yup, those folks at HuffPro are prime examples of "2nd amend bed-wetters".

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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.
    "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. 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. … Increasing America’s debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better." --- Senator Barrack Obama

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

    Quote Originally Posted by mac View Post
    "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. 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. … Increasing America’s debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better." --- Senator Barrack Obama
    That was a different time. Why is it so difficult to understand?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by MMC View Post
    No you were actually wrong.....as that is what Obama stated. Notice that part about there are some steps that we can take that don't require legislation, and are within my authority as president.

    Kinda hard to get round that point he made.
    there was nothing about doing anything unconstitutional (except in the minds of 2nd amend bed-wetters)
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    Quote Originally Posted by Kushinator View Post
    That was a different time. Why is it so difficult to understand?
    A different time? It was 6 years ago. What you really meant is "that was a different President."

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

    Quote Originally Posted by MMC View Post
    Do you mean like Obama will just say anything too?

    (2) Based on his new rhetorical framing device, Obama himself voted for American "deadbeat" status as a freshman Senator in 2006. And I quote:

    The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. 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. … Increasing America’s debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better.

    Republicans have been calling for a restoration of normal order for years. It's Democrats in the Senate who have refused to even introduce a budget for nearly four years, leading to one countdown cliff after another. If the president truly wants this appalling ad hoc governance to end, he ought to have a terse conversation with Harry Reid and Patty Murray, not lecture Republicans

    Obama is now resurrecting these revenues (which caused liberals some convenient amnesia just a few weeks ago). Republicans should hold firm that these potential revenues -- which would come through closing loopholes and eliminating deductions -- will only be placed back on the table if they're part of a broader tax reform package that includes lowering rates across the board. It's also worth mentioning that Congress and the president authorized a $2.1 trillion debt ceiling hike just 17 months ago. We've already blown through all of it, but playing a little political hardball to stem the insanity is somehow the height of irresponsibility. It's going to be a long four weeks years

    UPDATE - Right on cue, the White House has informed the House Budget Committee that the president will not produce his FY 2014 budget on time. Obama has missed 80 percent of his statutory budget deadlines......snip~

    Obama: "We Are Not a Deadbeat Nation" - Guy Benson


    If some House Republicans want to make a symbolic gesture like Obama did as Senator that is OK with me. Just as long as there are enough votes to pass the measure as happened when Obama voted no.
    Republicans only call for deficit reduction when they are not in power. All Republican administrations have increased the deficit and the debt. In fact $12 trillion of our current debt is from GOP leadership.
    President Clinton is the only modern President to balance the budget although our debt did go up from the interest on Reagans contribution.

    Last edited by iguanaman; 01-14-13 at 07:13 PM.

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

    They didnt say it either (except in the minds of 2nd amend bed-wetters)
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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

    Quote Originally Posted by sangha View Post
    there was nothing about doing anything unconstitutional (except in the minds of 2nd amend bed-wetters)
    Yeah and that's not what you stated as evidenced.....

    Quote Originally Posted by sangha View Post

    Maybe because he didn't say anything like that (except in the minds of 2nd amend bed-wetters).....snip~

    Anytime Presidents what to start throwing EP round domestically always needs to be watched.

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

    Quote Originally Posted by a351 View Post
    The quote was contained in the very post you quoted, in which a Republican House Chairwoman stated that a shutdown of the federal government is on the table as a viable strategy.

    Nope, a shutdown of the federal government would render us unable to fulfill a portion of our debt obligations.
    Please, what portion of the debt obligations would that make us unable to fulfill? Because I don't recall us being unable to fulfill our debt obligations in 1994 when we shut down the government. Could you indicate which portions you're speaking of?

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