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Obama: Congress must — and will — raise debt limit

GPS_Flex

GPS_Flex

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CHICAGO – President Barack Obama confidently predicted Friday that a divided Congress would raise the nation's borrowing limit to cover the staggering federal debt rather than risk triggering a worldwide recession, but he conceded for the first time he would have to offer more spending cuts to Republicans to get a deal.

Pushed to the brink, Obama said, the two parties would find "a smart compromise."
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LINK: Obama: Congress must — and will — raise debt limit - Yahoo! News

This is almost comical considering his vote against raising the debt limit in 2006.

What has changed since then? If the debt limit hadn’t been raised in 2006 would the ramifications be any different than today? Why didn’t we hear the gloom and doom predictions of a global economic meltdown in 2006 that we hear today?

In 2006 there wasn't a single democrat who voted for raising the debt limit, unless you count Arlen Spector as a democrat. GovTrack: Senate Vote On Passage: H. J. Res. 47 [109th]: Debt Limit Increase resolution Today they are all preaching to us about how irresponsible it would be to vote against a debt limit increase.

I don’t get it. Can one of you democrats fill me in on the logic here?
 
GPS_Flex said:
LINK: Obama: Congress must — and will — raise debt limit - Yahoo! News

This is almost comical considering his vote against raising the debt limit in 2006.

What has changed since then? If the debt limit hadn’t been raised in 2006 would the ramifications be any different than today? Why didn’t we hear the gloom and doom predictions of a global economic meltdown in 2006 that we hear today?

In 2006 there wasn't a single democrat who voted for raising the debt limit, unless you count Arlen Spector as a democrat. GovTrack: Senate Vote On Passage: H. J. Res. 47 [109th]: Debt Limit Increase resolution Today they are all preaching to us about how irresponsible it would be to vote against a debt limit increase.

I don’t get it. Can one of you democrats fill me in on the logic here?
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Add me to the list of those who would like further explanation....but beware, someone will get cocky and mention that several Republicans (including Boehner and Candor) voted for these increases.
 
ECU_Drummer said:
Add me to the list of those who would like further explanation....but beware, someone will get cocky and mention that several Republicans (including Boehner and Candor) voted for these increases.
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I doubt that. The House, under Speaker Pelosi, held a special ballot that didn't record the votes of Conressional reprentatives.
 
GPS_Flex said:
I don’t get it. Can one of you democrats fill me in on the logic here?
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The logic is that they want a naked bill that does nothing but allow them to continue wasting taxpayer dollars with no strings attached.

That's all. They're afraid that yet again riders will be attached to a bill that Obama must sign that would limit the money they can steal from your grandchildren.
 
Mayor Snorkum said:
The logic is that they want a naked bill that does nothing but allow them to continue wasting taxpayer dollars with no strings attached.

That's all. They're afraid that yet again riders will be attached to a bill that Obama must sign that would limit the money they can steal from your grandchildren.
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You mean they don't want irrelevant social ideologies forced into a budget debate? I'm ok with that.
 
GPS_Flex said:
I don’t get it. Can one of you democrats fill me in on the logic here?
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I'm not a Democrat, but I can fill in the blanks because it's kinda obvious.

The Democrats knew the debt ceiling increase was going to pass without their help, so they voted against it so that they could claim to be more fiscally responsible than the Republicans and make a talking point out of it.

Both parties use debt ceiling increases and budget crises to play chicken with their opposition whenever possible.
 
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The democrats show what hypocrites they are when Obama,Reid and others are embarrassed by their 2006 vote against raising the debt limit. This shows the democrats are just partisan hacks and do not want to work with the GOP
 
ptif219 said:
The democrats show what hypocrites they are when Obama,Reid and others are embarrassed by their 2006 vote against raising the debt limit. This shows the democrats are just partisan hacks and do not want to work with the GOP
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If you are demanding that our elected politicians followed a strict principle of consistency - there would not be a single member of Congress with more than a few years experience.

The partisan hackery extends to your precious GOP as well as Democrats and those who pretend otherwise are themselves guilty.
 
haymarket said:
If you are demanding that our elected politicians followed a strict principle of consistency - there would not be a single member of Congress with more than a few years experience.

The partisan hackery extends to your precious GOP as well as Democrats and those who pretend otherwise are themselves guilty.
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Why talk about the GOP it is the dems showing their hypocrisy to try and prevent cuts included in the bill. I am independent conservative and I am mad at the useless cuts I seen the GOP present last week
 
ptif219 said:
Why talk about the GOP it is the dems showing their hypocrisy to try and prevent cuts included in the bill. I am independent conservative and I am mad at the useless cuts I seen the GOP present last week
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So you admit that your accusation of partisan hackery applies to both sides of the aisle?
 
ptif219 said:
The democrats show what hypocrites they are when Obama,Reid and others are embarrassed by their 2006 vote against raising the debt limit. This shows the democrats are just partisan hacks and do not want to work with the GOP
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Both the Republican and Democrat parties assume whatever position is the most politically expedient, even if it means a major flip-flop.
 
haymarket said:
So you admit that your accusation of partisan hackery applies to both sides of the aisle?
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To an extent but it is much worse by Obama and the dems. Obama showed this when He invited Ryan to his speech and then tried to demean him
 
ptif219 said:
This shows Obama knows nothing about being a president
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The fact that both the Republican and Democrat parties assume whatever position is the most politically expedient, even if it means a major flip-flop, shows Obama knows nothing about being a President?
 
TacticalEvilDan said:
The fact that both the Republican and Democrat parties assume whatever position is the most politically expedient, even if it means a major flip-flop, shows Obama knows nothing about being a President?
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Correct. A president must compromise and work with both sides. The prideful arrogant Obama says his way or no way
 
You implied that the parties taking whatever position is most expedient shows that Obama knows nothing about being President; when I ask you to confirm this is what you meant, you say yes, but then act like the subject was that Obama knows nothing about being President because he doesn't compromise.

I'll come back to you when you're done changing the subject. :lol:
 
TacticalEvilDan said:
You implied that the parties taking whatever position is most expedient shows that Obama knows nothing about being President; when I ask you to confirm this is what you meant, you say yes, but then act like the subject was that Obama knows nothing about being President because he doesn't compromise.

I'll come back to you when you're done changing the subject. :lol:
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Same subject. Obama is being a partisan hack.
 
TacticalEvilDan said:
So what? Both parties are packed with them, and many of our modern Presidents have played that role.
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No they have not. Obama is not presidential.. You don't invite the opposite party leaders to a speech to demean them
 
ptif219 said:
No they have not.
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Bush. Clinton. Carter. Nixon. I'm sure I could name a few more if I gave it more than 2 seconds thought.

ptif219 said:
Obama is not presidential.. You don't invite the opposite party leaders to a speech to demean them
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There you go, changing the subject again. :lol:
 
barack obama, 2006:

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.
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Obama: Not Always a Fan of Upping Debt Ceiling - By Katrina Trinko - The Corner - National Review Online

of course, that's before he became the slasher hussein

this week:

President Obama says his 2006 vote against raising the debt limit was "political" and that he wasn't thinking about "what was important for the country.

Here's what Obama told ABC News's George Stephanopoulos: "I think that it’s important to understand the vantage point of a senator versus the vantage point of a ... president. When you’re a senator, traditionally what’s happened is, this is always a lousy vote. Nobody likes to be tagged as having increased the debt limit for the United States by a trillion dollars. ... As president, you start realizing: 'You know what? We -- we can’t play around with this stuff. This is the full faith in credit of the United States.' And so that was just a example of a new senator, you know, making what is a political vote as opposed to doing what was important for the country. And I’m the first one to acknowledge it."
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The Obama Presidency. Minute by Minute | POLITICO 44

leadership, anyone?
 
ksu_aviator said:
They must?
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If Congress doesn't want to send the economy spiraling downward into another recession, then they will pass it. The longer Congress plays games with raising the debt ceiling, the more uncomfortable they will make Wall Street and hinder economic growth.
 
GPS_Flex said:
I don’t get it. Can one of you democrats fill me in on the logic here?
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It isn't about voting to raise the National Debt. It's about the Fed Reserve providing the extra money to cover yearly budget deficits, and automatically adding it to the National Debt.

It's really not a matter of choice. The government has to pay all of its debts every year, but some Congress people, and presidents, always seem to make it a political issue.

ricksfolly
 
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