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Breaking: Obama Warns Cantor 'Don't Call My Bluff' As Debt Talks Stall

People like Reverend Hellh0und don't get it....they would rather engaging in their circular shuffle games than address the real issues.

You are correct. There are a very sad group of people who have drunk so much ideological kool-aid that they will never get it. The even sadder part is they are trying to make kool-aid the national drink for the rest of America.
 
so SS will not be paid, this is in jeopardy by the 2nd? And Obama's hard demands if true, are not equally to blame as the republicans demands?

Well, I thought we were told that S.S. was an account all of it's own. I'm not sure why if it is and it's still fully funded why it wouldn't be paid out. Maybe someone can explain.
 
Well, I thought we were told that S.S. was an account all of it's own. I'm not sure why if it is and it's still fully funded why it wouldn't be paid out. Maybe someone can explain.



I can't see anyway that any politician or president would let the folks such as veterans, seniors, and military not get paid even if there was a default, they would ALL be thrown out of office.
 
so SS will not be paid, this is in jeopardy by the 2nd? And Obama's hard demands if true, are not equally to blame as the republicans demands?

What are Obama's demands that are holding it up? Obama is willing to work on a deal....it is the party of No that is hijacking the process in order to protect the wealthiest among us...and they are willing to hold everyone else hostage. Its typical of Republican tactics....and I hope they succeed because I think they will pay dearly. Look at polling around the country. Most Americans get it.
 
What are Obama's demands that are holding it up? Obama is willing to work on a deal....it is the party of No that is hijacking the process in order to protect the wealthiest among us...and they are willing to hold everyone else hostage. Its typical of Republican tactics....and I hope they succeed because I think they will pay dearly. Look at polling around the country. Most Americans get it.

Most Americans get it. Even the GOP gets it. They know they fubar'd their way right out of office. They could have had an amazing deal, more than once - but they refused to negotiate and now they are just this side of screwed. Sucks to be them.

Vichy Democrats: It's The Election, Stupid: How Obama is Leveraging Debt Ceiling Negotiations to Win Reelection and Regain the House
 
What are Obama's demands that are holding it up? Obama is willing to work on a deal....it is the party of No that is hijacking the process in order to protect the wealthiest among us...and they are willing to hold everyone else hostage. Its typical of Republican tactics....and I hope they succeed because I think they will pay dearly. Look at polling around the country. Most Americans get it.

Who was Obama protecting when he said:

"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.
 
I can't see anyway that any politician or president would let the folks such as veterans, seniors, and military not get paid even if there was a default, they would ALL be thrown out of office.

I doubt it. The American people would judge who was responsible and vote accordingly.
 
I doubt it. The American people would judge who was responsible and vote accordingly.

How will anyone know? How do you know? What is it based on other than democrats are good and republicans are evil. I am more ambivalent so it is harder to form an opinion on who screwed the pooch on this one.
 
Hi Tim. How come Conservatives didn't feel this way back in the 2000's when Bush and the Republican-led Congress were generating record-setting deficits for years, increasing the debt ceiling repeatedly, and on their way to nearly doubling the debt?

Well, I wasn't here then, but I was just as against the spending by Bush in 2000, AND in 2004, and in 2007, 08.. He spent like a democrat, and I was vocal about it.

Tim-
 
Perhaps the position will have to be taken that NEARLY ALL of the remaining government income must be used to pay the deficit and nobody can be paid due to GOP refusal to extend the debt ceiling endangering our credit rating and worldwide economic stability. That would leave no monty to pay the people you listed.

What makes me absolutely laugh is how well the media clowns have pushed this message. We need to raise our credit to be more credit worthy.. LOL It's laughable so many have fallen for it, hook-line-n-sinker... :)


Tim-
 
What are Obama's demands that are holding it up? Obama is willing to work on a deal....it is the party of No that is hijacking the process in order to protect the wealthiest among us...and they are willing to hold everyone else hostage. Its typical of Republican tactics....and I hope they succeed because I think they will pay dearly. Look at polling around the country. Most Americans get it.




I thought most are against raising the debt limit?



They are against raising taxes, only 34% support it.

http://www.rasmussenreports.com/pub..._2011/55_oppose_tax_hike_in_debt_ceiling_deal
 
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What makes me absolutely laugh is how well the media clowns have pushed this message. We need to raise our credit to be more credit worthy.. LOL It's laughable so many have fallen for it, hook-line-n-sinker... :)


Tim-

Laugh when your retirement all but disappears in early August...

If you go over your credit limit, what does your credit card company do? They raise your interest rate.

Government is fortunate enough to be able to set its own credit limit. If they don't raise it and don't pay off the debt, their credit rating will be lowered, and interest rates will go up and as a result the DEBT will actually RISE, not shrink.

In 1979, due to a technical error, $120,000,000 in bonds didn't get paid on time. The interest rate charged to the US government on ALL of its debt rose by .6% - resulting in about an $80 BILLION addition to the national debt.

Have you paid attention to what world stock markets did when they thought a tiny nation like Greece was going to default on its debt? They tanked, only recovering when the EU bailed them out.

What do you think will happen if we don't pay our debt? Why do you think everything will just be fine when history shows you otherwise?
 
I doubt it. The American people would judge who was responsible and vote accordingly.




yes, they will judge the incumbents as those at fault.


Many of the republicans this go round were voted in on stopping the spending, these folks may see a light at the end of the tunnel through all this.
 
Who was Obama protecting when he said:

"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.



:lol: he sounds like the tea party....
 
Laugh when your retirement all but disappears in early August...

If you go over your credit limit, what does your credit card company do? They raise your interest rate.

Government is fortunate enough to be able to set its own credit limit. If they don't raise it and don't pay off the debt, their credit rating will be lowered, and interest rates will go up and as a result the DEBT will actually RISE, not shrink.

In 1979, due to a technical error, $120,000,000 in bonds didn't get paid on time. The interest rate charged to the US government on ALL of its debt rose by .6% - resulting in about an $80 BILLION addition to the national debt.

Have you paid attention to what world stock markets did when they thought a tiny nation like Greece was going to default on its debt? They tanked, only recovering when the EU bailed them out.

What do you think will happen if we don't pay our debt? Why do you think everything will just be fine when history shows you otherwise?

What do you think will happen if we do not show the world a different slope in deficit spending? Do you think it is wise to wait until the world does to us what they are doing to several nations in Europe? Do you think it is reasonable that U.S.' s bond holders will stay asleep to the fed buying the new debt that the administration is creating to pay for a deficit about 10% of GDP? Do you understand what it means when we have a slow growth economy in the face of huge monetary and fiscal stimulus?

How about an adult debate on the issues. To talk about the debt ceiling in the abstract is babyish.
 
It wasn't "threats", it was the honest reality. The Republicans are willing to hold the elderly and the disabled hostage in order to protect the pockets of the wealthiest. It should be clear to everyone which party represents which interests.

Your words only resonate to those who are blindly progressive in their ideology. The class warfare bit, the throwing grandma over the cliff is typical Democrat demagoguery that's been used since the mid 1990's during the Clinton years and is nothing more than DNC talking points. Is that what you really want to project?
 
Your words only resonate to those who are blindly progressive in their ideology. The class warfare bit, the throwing grandma over the cliff is typical Democrat demagoguery that's been used since the mid 1990's during the Clinton years and is nothing more than DNC talking points. Is that what you really want to project?

It is becoming more and more clear every day which party represents the middle class, the elderly, etc.....and who represents the interests of the wealthy. It isn't about talking points, it is about the facts and they are crystal clear.
 
It is becoming more and more clear every day which party represents the middle class, the elderly, etc.....and who represents the interests of the wealthy. It isn't about talking points, it is about the facts and they are crystal clear.



/facepalm


Class warfare hyperbole gets so so old.....
 
It is becoming more and more clear every day which party represents the middle class, the elderly, etc.....and who represents the interests of the wealthy. It isn't about talking points, it is about the facts and they are crystal clear.

You failed to answer my question in post 181.
 
Can you name even one compromise that the GOP has agreed to....even one?

Do you realize that increasing the debt limit IS a compromise.

The GOP doesn't WANT to increase the debt limit. They'd rather deal with it 100% through cutting spending while still paying our debt payment.

The COMPROMISE is agreeing to raise the debt limit in exchange for spending cuts. THAT'S the compromise.

Now that compromise is essentially being ignored and being written off as irrelevant and automatic, and the Democrats are saying the only way they're compromise with spending cuts is if the Republicans compromise even more by agreeing to tax increases.

So democrats want to "compromise" by giving spending decreases that looks like Albert Haynesworth's contract with the vast majority of the money backloaded to 10+ years down the line so that we may never even see it come to pass and exchange want the Republicans to "compromise" in TWO ways by both voting to raise the debt limit AND increasing taxes immedietely.

As someone said earlier, your dog don't hunt.
 
Not to mention that Republicans were willing to lose our credit rating

Do we lose our credit rating if we don't increase the debt limit or if we don't pay our debt payment? The republicans are advocating for the first, not the second.
 
People like Reverend Hellh0und don't get it....they would rather engaging in their circular shuffle games than address the real issues.

You mean kind of like proposing to bring down the debt by 4 trillion in more than 10 years, all contingent on future administration and this administration not breaking the deal in the future, even though that's but a tiny fraction of what our debt actually is? That kind of kicking the can down the road? The kind that increases the deficit in 2 years more than 8 years of Bush combined while just attempting to ignore the issue going "BUSHES FAULT BUSHES FAULT BUSHES FAULT"? That kind of circulate shuffle game.

Give me a break; stop acting like your alls **** doesn't stink just as much.
 
Do you realize that increasing the debt limit IS a compromise.

The GOP doesn't WANT to increase the debt limit. They'd rather deal with it 100% through cutting spending while still paying our debt payment.

The COMPROMISE is agreeing to raise the debt limit in exchange for spending cuts. THAT'S the compromise.

Now that compromise is essentially being ignored and being written off as irrelevant and automatic, and the Democrats are saying the only way they're compromise with spending cuts is if the Republicans compromise even more by agreeing to tax increases.

So democrats want to "compromise" by giving spending decreases that looks like Albert Haynesworth's contract with the vast majority of the money backloaded to 10+ years down the line so that we may never even see it come to pass and exchange want the Republicans to "compromise" in TWO ways by both voting to raise the debt limit AND increasing taxes immedietely.

As someone said earlier, your dog don't hunt.

Well Zyph...you would be correct, except for the fact that you are wrong. Sorry....

These Republicans that you say "compromised" by raising the debt limit are the same Republicans who have had no issue raising the debt limit many times, oh....except now I guess it is different somehow that the President doesn't have an (R) after his name?

The reality is, it isn't a "compromise" to say "We'll agree to raise the debt limit, but you have to do it our way and we will hold the American middle class, including the elderly hostage unless you agree to our demands. That's just a line of BS.

You can't agree to come to the table and then childishly refuse to talk unless you are the only ones allowed to propose the agenda. Sorry....that's not "compromise".

I hope that the teabaggers in the GOP have their way and push the GOP to their extremist agenda. The GOP will pay the price and I for one are hoping that they succeed.
 
Well Zyph...you would be correct, except for the fact that you are wrong. Sorry....

These Republicans that you say "compromised" by raising the debt limit are the same Republicans who have had no issue raising the debt limit many times, oh....except now I guess it is different somehow that the President doesn't have an (R) after his name?

The reality is, it isn't a "compromise" to say "We'll agree to raise the debt limit, but you have to do it our way and we will hold the American middle class, including the elderly hostage unless you agree to our demands. That's just a line of BS.

You can't agree to come to the table and then childishly refuse to talk unless you are the only ones allowed to propose the agenda. Sorry....that's not "compromise".

I hope that the teabaggers in the GOP have their way and push the GOP to their extremist agenda. The GOP will pay the price and I for one are hoping that they succeed.


I hope the teabagged do not believe that the past bad practice is a restriction on now doing the right thing. :shrug:
 
These Republicans that you say "compromised" by raising the debt limit are the same Republicans who have had no issue raising the debt limit many times, oh....except now I guess it is different somehow that the President doesn't have an (R) after his name?

Actually, some of those republicans are. Many of those in the house, the main hold up for this, are NEW Republicans that didn't vote to raise it while a Republican has been in power. Specifically, the newly elected "tea party" backed individuals who you and others lambast so much for "refusing to compromise" were not the ones that raised it under Bush.

Second, if you want to start playing that game then Obama shouldn't be allowed to even ASK for the Debt Limit to be increased for ANY reason since he himself equated it to a shuffle board game or kicking the can down the road and decried it as a failure of leadership to even do such a thing. So if you want to start pissing and moaning about past statements and actions as some kind of qualifier to disqualify ones ability to use it as a "compromise" or a point then be my guest but stop being a hypocrite about it and point out the fact that if we're living up to that standard there shouldn't even be a CONVERSATION about it because the guy who would need to sign the bill for it to become Law would have to VETO it because he voted against raising it and decried it as punishing the future children and a failure of leaderhsip.

So either be either apply your little end around "Uh Uh, that doesn't count because I say so" strategy equally or punt it, cause I ain't buying your hyper partisan cherry picking application.

The reality is, it isn't a "compromise" to say "We'll agree to raise the debt limit, but you have to do it our way and we will hold the American middle class, including the elderly hostage unless you agree to our demands. That's just a line of BS.

Actually, it absolutely is a compromise. They don't want to raise it, they want to simply lower the spending to a point wher we can pay the debt payments and not raise it. The Democrats want to cut spending a little bit over decades, raise taxes, and raise the limit. The Republicans have agreed to Raise the Debt Limit in exchange for more significant spending cuts. That is compromising.

Stop with these hsyterics of "THE OLD PEOPLE, THE OLD PEOPLE". You're like the geratric version of Mrs. Lovejoy screaming "WON'T SOMEONE THINK OF THE CHILDREN".

Yes, Barack Obama is TECHNICALLY correct in saying we may not be able to send out SS checks. I'm also technically correct in saying that we may be destroyed this year by an Asteroid crashing into earth. Both are rather ludicrious however. The only reason seniors won't get their SS checks if the debt limit isn't raised is because Barack Obama decides to cut the spending through their checks rather than through other areas. We generate enough money to pay the debt limit and to pay SS for that month.

You can't agree to come to the table and then childishly refuse to talk unless you are the only ones allowed to propose the agenda. Sorry....that's not "compromise".

Kind of like saying "Look, you're going to raise the debt limit, you're going to raise taxes, if you don't agree to either then screw off"?
 
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