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Thread: Obama aide: Debt limit fight could be "catastrophic"

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Ockham View Post
    Time to make hamburger out of those cows.
    or at least cut the amount of feed they are getting.

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Whovian View Post
    … I blame the Democrats for the last 6 increases …
    It really doesn't matter who you blame for it, the debt ceiling will be increased by the 112th Congress because failure to do so would be a failure to govern this nation responsibly.

    “We are required to do this now in order to avoid a national fiscal calamity.” — Former House Majority Leader Dick Armey¹
    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Chappy View Post
    It really doesn't matter who you blame for it, the debt ceiling will be increased by the 112th Congress because failure to do so would be a failure to govern this nation responsibly.

    “We are required to do this now in order to avoid a national fiscal calamity.” — Former House Majority Leader Dick Armey¹
    I see it in the direct opposite way. Continuing to raise the debt ceiling is irresponsible and dangerous. Granted, you can't turn this country on a dime, but we have to start somewhere, and we have to start some time. How about a compromise. We keed the debt ceiling right where it is - not higher, not lower. Then we get the scissors out and start cutting... I'm in favor of a 20% cut across the board...
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Ockham View Post
    I see it in the direct opposite way. Continuing to raise the debt ceiling is irresponsible and dangerous. Granted, you can't turn this country on a dime, but we have to start somewhere, and we have to start some time. How about a compromise. We keed the debt ceiling right where it is - not higher, not lower. Then we get the scissors out and start cutting... I'm in favor of a 20% cut across the board...
    would need strong bipartisian support...not a majority of one side and a handful of the other side....majority of reps/senators on both sides to provide cover, or neither will go for it.

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Trying to extract concessions from the president over passage of the debt ceiling increase is equivalent to holding the American people hostage and threatening to blow a hole in their heads unless your demands are met. Who's the real threat to American prosperity in this picture?
    “Real environmentalists live in cities, and they visit what's left of the wilderness as gently and respectfully as possible.” — Donna Moulton, letter to the editor, Tucson Weekly, published on August 23, 2001

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    The debt ceiling should only be increased enough to avoid immediate crisis. This issue should keep being revisited because spending is out of control. Keep the spending issue before the public. Never let the dispute die. Constant pressure on Obama.

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by randel View Post
    would need strong bipartisian support...not a majority of one side and a handful of the other side....majority of reps/senators on both sides to provide cover, or neither will go for it.
    Yep... that's a problem alright.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Albert Di Salvo View Post
    The debt ceiling should only be increased enough to avoid immediate crisis. This issue should keep being revisited because spending is out of control. Keep the spending issue before the public. Never let the dispute die. Constant pressure on Obama.
    republicans have an issue with spending to. not just a one party problem, something they both share.

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    So, now it's the Democrats who want to borrow and spend. It used to be the Republicans. Have the Democrats become Republicans, now?

    $14 trillion, 14 teradollars, just how much is that?

    If a hundred dollar bill weighs one gram (which it does, not counting the cocaine soaked into its fibers), then a thousand of them weigh a kilogram, and a million weigh a thousand kilograms, or one ton, and are worth a hundred million. Ten tons, then, of hundred dollar bills is worth a billion, and ten thousand tons is worth a trillion. Fourteen trillion dollars, then, is 140 thousand tons of hundred dollar bills. Can you imagine a pile of hundreds that high?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Obama aide: Debt limit fight could be "catastrophic"

    Quote Originally Posted by Chappy View Post
    It really doesn't matter who you blame for it, the debt ceiling will be increased by the 112th Congress because failure to do so would be a failure to govern this nation responsibly.

    “We are required to do this now in order to avoid a national fiscal calamity.” — Former House Majority Leader Dick Armey¹
    spending to your limit, and simply increasing the limit as opposed to reducing your spending... is responsible? Really?

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