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Thread: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by LakeCharlesGuy View Post
    Although I agree with Obama on saying the current debt cannot be sustained in the long run, I disagree with the way he's handling the situation. I don't understand how it's smart to spend borrowed money in the way he does, but maybe I'm just not smart enough to understand.
    This may help.

    [ame="http://video.google.com/videoplay?docid=7535755025025800195"]The Obama Deception[/ame]

    Made by people who panned Bush for the same reasons.
    Thank you

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by celticlord View Post
    Gay marriage is one where I tend to split the baby: I want government to get the hell out of marriage regulation entirely.
    Actually we aren't to far from that IMO, I want marriage take out of the government hands and put into civil unions instead.

    Leave marriage to ANY religious institution, but give civil unions for all to the state and federal.

    Quote Originally Posted by celticlord View Post
    On abortion, I want to see two things: 1) overturn that legal abomination known as Roe v Wade. That stands as the most badly decided Supreme Court case since Dred Scott v Sanford, and it's an embarrassment to jurisprudence. 2) A resolution attaching personhood at conception, so that abortion is recognized as the willful termination of human life. Let the argument proceed from there as to whether the practice should be sustained or not. However, abortion is a show stopper only if the candidate wants to continue the practice country wide by sustaining Roe v Wade.
    From there I don't know about, I want abortion to go from federal to the states but not in that way. Either way I think we agree for it to go to the states.

    Quote Originally Posted by celticlord View Post
    I'm pretty much in agreement with you about wars. They're a bloody business and should be fought sparingly--although I have a hard time figuring Bush was anything worse than premature on Iraq. It needed to be done, but he could have waited another year to do it.
    Well we disagree on the Bush, but we seem to agree on the war status.

    Bush didn't need to go to war when he did and more information was needed to be confirmed.

    So it seems liberals and conservatives can come to an agreement, so what the hell is the problem then on the candidates?

    If liberals and conservatives can come to an agreement on most things, why not the candidates?

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by Keorythe View Post
    6 years with Republican majority,
    Well, that statement is wrong.

    Six years with a GOP House, four years with a GOP Senate, but that Senate was infested with Specters and Snows and other alien life forms found under rocks in sewers.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by akyron View Post
    You do understand the difference between millions, billions, and trillions right?

    Your commentary makes no sense.

    By definition the ones spending like crazy checked their conservative values at the door .
    During the 2000, 2002, 2004, 2006, & 2008 elections -- they all ran as conservatives.

    Republican, that is the conservative party, right?

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by WillRockwell View Post
    Funny, you weren't telling the Republicans to
    STOP SPENDING!
    when they created this mess. Do you expect the financial crisis will just go away if we leave it alone? Eight years of Republican incompetence was enough, I don't think we'll listen to your advice any more, thank you.
    I certainly was and I know I was not alone. I hated TARP and spoke out against it repeatedly. I argued with my cousin over it for weeks, and he's a conservative. ANd just to clue you in to reality, Obama's cluelessness has surpassed Bush's and he has only been office for a little more than 100 days.

    Quote Originally Posted by WillRockwell View Post
    I understand that the Republicans so damaged the economy that, by inauguration day, 4 trillion dollars had disappeared with more flowing out every day. As a Republican, I don't expect you to understand fiscal matters but don't worry, we'll fix the mess you made.
    But wait, you're a C E N T R I S T aren't you? If so, what do you mean by "we'll fix the mess"? Are you seriously implying that the Obama administration and Congress are being led by "centrists"? Nah, we already knew that you're not a centrist, isn't it time to stop the charade?

    Maybe you should just ...

    Welfare (Food Stamps, WIC, etc...) are not entitlements. They are taxpayer funded handouts and shouldn't be called entitlements at all. Social Security and Veteran's benefits are 'Entitlements' because the people receiving them are entitled to them. They were earned and paid for by the recipients.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by WillRockwell View Post
    Funny, you weren't telling the Republicans to
    STOP SPENDING!
    when they created this mess. Do you expect the financial crisis will just go away if we leave it alone? Eight years of Republican incompetence was enough, I don't think we'll listen to your advice any more, thank you.
    Funny, you do enjoy being wrong.

    1. I was telling Republicans to
    STOP SPENDING!

    I was telling Democrats to
    STOP SPENDING!

    I'm the supreme fiscal conservative--I squeeze a nickel so tight the Indian rides the buffalo. I hate spending with a passion. I don't do it except when I have to, and I encourage everyone I know to do the same thing.

    2. Yes, I do expect the financial crisis to just go away if we leave it alone. Economies are self-healing entities. If you bothered to study something other than Dear Leader's pompous platitudes, you would have learned that basic economic principle. Bankruptcy wipes out the losers and clears the field for new contestants--which is exactly what is needed now.

    The deep wounds and festering sores occur when nimrods like the Anti-Republicans and their befuddled, benighted, babbling baboon Dear Leader decide they want to "fix" the economy. They don't dare let AIG fail because it's "too big". They don't dare let BofA and Citi fail because they're "too big". They're desperate not to let the UAW fail because it is "too big." "Too big to fail" means "too big to exist, period."

    Let these corruptocrats at BofA, AIG, Citi, Goldman Sucks, go down the tubes. Let the vultures come in, pick up the pieces, and form new healthy banks and finance companies. Other than an overly inflated housing bubble, which impacts primarily these same corruptocrats, the economy of Main Street was doing ok. Healthy business will attract healthy finance, just like it has for centuries.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by TheNextEra View Post
    No you were trying to say OBama is much worse. Given what he inherited compared to Bush, I don't think it is worse. I think is is the same. If Obama had inherited the same as Bush it would have been less.

    you want it to be worse. Sorry I disagree.
    No, actually, I don't want it to be worse. It just is.

    Like I said . . . in one year, Obama's deficit is more than AAAAAALLLLLL of Bush's deficits, COMBINED. AAAAALLLLLLLLLL.

    If you deny that it IS worse, you're simply delusional.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by hazlnut View Post
    During the 2000, 2002, 2004, 2006, & 2008 elections -- they all ran as conservatives.

    Republican, that is the conservative party, right?
    What they say and what they do are entirely different things as we should all know by now. Why we fall for this 2 party idiocy is beyond me. Bush=Obama.


    Saying you are conservative and acting like mmm something else does not make you a conservative.
    Last edited by akyron; 05-15-09 at 01:05 AM.
    Thank you

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by TheNextEra View Post
    Irresponsible spending is irresponsible no matter the amount or person.

    Bush did it getting us into Iraq and now Obama did it with the bailouts. Both are wrong.

    However, in 2004 Republicans CHOSE irresponsible spending.

    And I love the ole bile from the conservatives side that conservatism is good, liberals are bad routine. Get it through your thick skulls, no successful country ever happened with ALL liberal or ALL conservative values.
    Actually, the bailouts happened on Bushies watch too..

    Quote Originally Posted by celticlord View Post
    You're being disingenuous.

    Or have you forgotten that Dear Leader's spending is the problem of which he so fecklessly speaks?

    Or do you wish to ignore the trillions upon trillions of debt his agenda calls for?

    His budget agenda would conservatively add $9.3 trillion over ten years to the debt he calls unsustainable. At the rate his current administration is adding to the public debt, he will add that amount in a single term of office.

    I do not attack Dear Leader for saying the debt is unsustainable. I attack Dear Leader for his unsustainable debt.
    Oh i see quoting the CBO again? What was there estimates based upon again? No, the CBO has never been wrong though..

    Quote Originally Posted by Harshaw View Post
    Hardly. Obama's first-year deficit is more than all of the Bush deficits combined. Degree does indeed matter. It's completely unprecedented.

    The Republicans were reckless. Obama's driving drunk.
    Obama spent 6trillion dollars in 4 months? somebody should stop that guy.

    Quote Originally Posted by Keorythe View Post
    6 years with Republican majority, 2 years Democrat majority, 2 wars, 1 major natural disaster, and 1 Democrat housing law to get us into this kind of debt vs. 6 weeks to double the amount of spending and that doesn't count Bush taking the fall for Obama when he asked him if Obama wanted him to sign off on the second half of the TARP money in his last weeks.
    Democrat housing law to get us into this mess? LMAO you sir have bought the propaganda machine once again. 6 years republican majority got us how far again? One of the greatest economic disasters in recent American history. In fact no republican in recent history has been conservative in it's true form.


    Quote Originally Posted by Keorythe View Post
    The 2007 - 2009 Democrats CHOSE to spend not only the extra TARP cash that Bush handed him without media emo-rage (the later bailouts far surpassed that) but to also initiate MASSIVE healthcare and energy spending plans as well as other pork projects during a recession. Lets not forget that Afghanistan is the "good" war which Obama has repeated campaigned in favor of continuing. Now he's stuck with it as Iraq (a victory) is winding down.
    Yes, we choose to pass massive health care and energy spending both which are vital to both our economic future and overall well being. The war in Iraq should have never been fought, that surely was not a "good war" as you call it. Afghanistan is where our focus should have been all along.

    Quote Originally Posted by akyron View Post
    This may help.

    The Obama Deception

    Made by people who panned Bush for the same reasons.
    Ohhhh noes another conspriacy theory.

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    Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

    Quote Originally Posted by Harshaw View Post
    No, actually, I don't want it to be worse. It just is.

    Like I said . . . in one year, Obama's deficit is more than AAAAAALLLLLL of Bush's deficits, COMBINED. AAAAALLLLLLLLLL.

    If you deny that it IS worse, you're simply delusional.
    Incorrect, i assume you have data to back up this statement correct? Bush left office with a 1.7 TRILLION dollar annual deficit to add on to his already racked 6+ trillion dollars. Has Obama spent 7 trillion dollars already?

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