Page 5 of 61 FirstFirst ... 345671555 ... LastLast
Results 41 to 50 of 610

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

  1. #41
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 09:37 AM
    Gender
    Lean
    Conservative
    Posts
    67,268

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

    Quote Originally Posted by randel View Post
    i realize alot more than you give me credit for ....and just like i said, if we as a country are going to get serious about the deficit/debt, no program will be safe....you just want to belive that you can hack chunks out of just one sides favorite things, and do it without reprecussions...sorry chief, aint gonna happen
    As I pointed out above and if you do the math over 60% of the budget is entitlement spending on programs you seem to believe are necessary and have kept millions of Americans dependent on liberalism. That leaves 40% of the budget to cut. So based upon the line items tell me where you would cut? Add up those cuts and see how much you have left?

  2. #42
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Today @ 09:37 AM
    Gender
    Lean
    Conservative
    Posts
    67,268

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

    Quote Originally Posted by randel View Post
    do you have any clue what happens if we default on our obligations? apparently not. perhaps you are the one who should take that economics course.
    I have a complete understanding of what happens when we default, do you have any understanding of what happens when debt exceeds our GDP? Until you get spending under control and a plan in place, no increase in the debt ceiling should be authorized. It is time to get our fiscal house back in order. Put the cuts in place and the debt ceiling will take care of itself. Politicians don't have the guts to do what is necessary and again the American people pay the price.

    Need more political leaders like this

    http://www.youtube.com/watch?v=xziRa...layer_embedded
    Last edited by Conservative; 01-03-11 at 07:38 PM. Reason: Added link

  3. #43
    Enemy Combatant
    Kandahar's Avatar
    Join Date
    Jul 2005
    Location
    Washington, DC
    Last Seen
    10-15-13 @ 08:47 PM
    Gender
    Lean
    Liberal
    Posts
    20,688

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

    Members of Congress threatening to vote against raising the debt ceiling are behaving like children. First of all, their sudden concern for the deficit would be a lot more believable if they didn't just vote for a massive tax cut less than two weeks ago. Sure, some people want low taxes/spending and others want high taxes/spending. I understand that. But let's not pretend like the people who voted for a tax cut before any spending cuts have passed - when we already have a massive deficit - are the slightest bit concerned about it. They're just concerned about making Obama look bad.

    Fortunately, John Boehner seems to be acting like a responsible adult. Enough Republicans will vote to raise the debt ceiling that it will pass.
    Are you coming to bed?
    I can't. This is important.
    What?
    Someone is WRONG on the internet! -XKCD

  4. #44
    Sage

    Join Date
    Nov 2009
    Last Seen
    11-06-17 @ 08:50 AM
    Gender
    Lean
    Centrist
    Posts
    5,490

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

    Quote Originally Posted by Conservative View Post
    As I pointed out above and if you do the math over 60% of the budget is entitlement spending on programs you seem to believe are necessary and have kept millions of Americans dependent on liberalism. That leaves 40% of the budget to cut. So based upon the line items tell me where you would cut? Add up those cuts and see how much you have left?
    doesnt matter what you pointed out, either both sides have skin in the game, or cutting the debt/deficit is never going to happen....you reduce everything to liberal/conservative and what is best in your worldview, you need to start thinking what is best for America, and not what is best for you and republicans. you can go to the other side of the aisle, and say we are going to cut medicare, this program, that program, and the other program, and if i were on that side of the aisle, i would say really, and what exactly are you giving up? and if you told me you would give up nothing, as all your stuff was 'important' , i'd tell you to go screw yourself, aint gonna happen, and i'd be right, because you don't have the votes. you had better damn well have significant cuts for your favorite programs , equal to what you want to cut from mine, if you want to work together...otherwise, you would be wasting your time.

  5. #45
    Sage

    Join Date
    Nov 2009
    Last Seen
    11-06-17 @ 08:50 AM
    Gender
    Lean
    Centrist
    Posts
    5,490

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

    Quote Originally Posted by Conservative View Post
    I have a complete understanding of what happens when we default, do you have any understanding of what happens when debt exceeds our GDP? Until you get spending under control and a plan in place, no increase in the debt ceiling should be authorized. It is time to get our fiscal house back in order. Put the cuts in place and the debt ceiling will take care of itself. Politicians don't have the guts to do what is necessary and again the American people pay the price.

    Need more political leaders like this

    http://www.youtube.com/watch?v=xziRa...layer_embedded
    i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.

  6. #46
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Yesterday @ 07:02 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

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

    Quote Originally Posted by randel View Post
    i realize alot more than you give me credit for ....and just like i said, if we as a country are going to get serious about the deficit/debt, no program will be safe....you just want to belive that you can hack chunks out of just one sides favorite things, and do it without reprecussions...sorry chief, aint gonna happen

    So, at a time when we have threats to our own soil, and citizenery, and fighting two wars, plus going down in flames due to the insane increasing of budgets of not only this administration, but the previous one as well, and the one before that, your only answer is that we must cut defense first? And you wonder why it is that people call suggestions like this precursers of liberals wanting to destroy this country?

    Good God man.....Were'nt you telling us a mere 24 months ago that you were a conservative?


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  7. #47
    Sage

    Join Date
    Oct 2009
    Location
    Undisclosed
    Last Seen
    03-18-13 @ 02:59 PM
    Lean
    Other
    Posts
    5,544

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

    Quote Originally Posted by randel View Post
    i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.
    When he was a senator Obama voted against raising the debt ceiling didn't he?

  8. #48
    Banned
    Join Date
    Oct 2009
    Last Seen
    08-14-12 @ 11:44 PM
    Gender
    Lean
    Libertarian
    Posts
    3,928

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

    Quote Originally Posted by Kandahar View Post
    Members of Congress threatening to vote against raising the debt ceiling are behaving like children. First of all, their sudden concern for the deficit would be a lot more believable if they didn't just vote for a massive tax cut less than two weeks ago. Sure, some people want low taxes/spending and others want high taxes/spending. I understand that. But let's not pretend like the people who voted for a tax cut before any spending cuts have passed - when we already have a massive deficit - are the slightest bit concerned about it. They're just concerned about making Obama look bad.

    Fortunately, John Boehner seems to be acting like a responsible adult. Enough Republicans will vote to raise the debt ceiling that it will pass.
    And the unsustainable path we are on will continue. Republicans could have been the ones who stood up and said no to this, but no, they keep it going.

    This country is in need of a major surgical procedure we can ironically call "cuts." You can put them off for a little while, but you have to do the surgery or we will die as a nation. I'd rather the surgery sooner rather than later, but it seems that according to the left, it's "acting like an adult" to continue to put off this surgery. Well if that's the case, i'm proud to be childish.
    Last edited by dontworrybehappy; 01-03-11 at 07:49 PM.

  9. #49
    Sage

    Join Date
    Nov 2009
    Last Seen
    11-06-17 @ 08:50 AM
    Gender
    Lean
    Centrist
    Posts
    5,490

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

    Quote Originally Posted by j-mac View Post
    So, at a time when we have threats to our own soil, and citizenery, and fighting two wars, plus going down in flames due to the insane increasing of budgets of not only this administration, but the previous one as well, and the one before that, your only answer is that we must cut defense first? And you wonder why it is that people call suggestions like this precursers of liberals wanting to destroy this country?

    Good God man.....Were'nt you telling us a mere 24 months ago that you were a conservative?


    j-mac
    cherrypick much? perhaps you should read through the entire thread, i believe i've mentioned both sides having skin in the game....you and conservative are twins, you think that all the cuts are going to come from the 'liberal' side...aint gonna happen.

  10. #50
    Sage

    Join Date
    Oct 2009
    Location
    Undisclosed
    Last Seen
    03-18-13 @ 02:59 PM
    Lean
    Other
    Posts
    5,544

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

    Quote Originally Posted by randel View Post
    i agree with you that we need to get our financial house in order, but trying to ram cuts down the presidents throat before you extend the ceiling? if i'm obama, i call your bluff, and let the chips fall where they may, your party has alot more to lose right now...explain to the American people why their government is shutting down, why it can't pay its bills in a timely manner........explain to the american people why the budget deficit is getting bigger because of the extra interest we have to pay to get credit...go ahead, make my day.
    The left won't act in good faith. Nothing will be done to cut spending. There will simply be an endless set of continuing resolutions.

Page 5 of 61 FirstFirst ... 345671555 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •