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-   -   Economics A little Obama history on debt ceilings (http://www.chiefsplanet.com/BB/showthread.php?t=268893)

mlyonsd 01-14-2013 05:58 PM

A little Obama history on debt ceilings
 
"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 US Government cannot 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."

SENATOR BARACK HUSSEIN OBAMA, MARCH 2006


http://urbanlegends.about.com/od/bar...Debt-Limit.htm

mlyonsd 01-14-2013 05:59 PM

Quote:

"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 US Government cannot 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."

SENATOR BARACK HUSSEIN OBAMA, MARCH 2006

The dude is nostra****ingdomus.

stonedstooge 01-14-2013 06:00 PM

Did he vote NO or PRESENT?

InChiefsHell 01-14-2013 06:01 PM

Nobody cares dude. He's just a nice guy who can't catch a break. He hasn't done anything wrong. It's STILL Bush's fault. And the Republicans. And Santa Claus.

mlyonsd 01-14-2013 06:28 PM

Quote:

Originally Posted by InChiefsHell (Post 9318791)
Nobody cares dude. He's just a nice guy who can't catch a break. He hasn't done anything wrong. It's STILL Bush's fault. And the Republicans. And Santa Claus.

I know. I just can't help reminding our liberal friends of the hypocritical POS they continue to defend and how bad it reflects on their own integrity.

stonedstooge 01-14-2013 06:32 PM

Quote:

Originally Posted by mlyonsd (Post 9318861)
I know. I just can't help reminding our liberal friends of the hypocritical POS they continue to defend and how bad it reflects on their own integrity.

They'll find some way to twist it. Never fails

La literatura 01-14-2013 07:11 PM

Quote:

Originally Posted by mlyonsd (Post 9318861)
I know. I just can't help reminding our liberal friends of the hypocritical POS they continue to defend and how bad it reflects on their own integrity.

Obama was wrong if he was suggesting that the debt limit shouldn't be raised.

You voted for Romney, correct? Did he ever change rhetoric? Be honest.

Comrade Crapski 01-14-2013 07:16 PM

Quote:

Originally Posted by Literature (Post 9318959)
Obama was wrong if he was suggesting that the debt limit shouldn't be raised.

You voted for Romney, correct? Did he ever change rhetoric? Be honest.

What a ****ing drone. ROFL

mlyonsd 01-14-2013 07:21 PM

Quote:

Originally Posted by Literature (Post 9318959)
Obama was wrong if he was suggesting that the debt limit shouldn't be raised.

You voted for Romney, correct? Did he ever change rhetoric? Be honest.

Romney never changed his rhetoric after I voted for him.

What about Obama's original statement is wrong?

HonestChieffan 01-14-2013 07:26 PM

Romney waffled and flip flopped and had files of qualified women. Obama cannot find qualified women and he changes his rhetoric.

Things change. Different times.

La literatura 01-14-2013 07:41 PM

Quote:

Originally Posted by mlyonsd (Post 9318993)
Romney never changed his rhetoric after I voted for him.

What about Obama's original statement is wrong?

Nothing particularly, unless it is suggesting that the debt limit shouldn't be increased. It is suggesting that, though, which means it's wrong. Which is something Obama admits today. Yes, that was a political decision, not a particularly wise one. Just like Republicans who in 2006 favored raising the debt limit.

Read that last statement twice if it helps.

mlyonsd 01-14-2013 08:02 PM

Quote:

Originally Posted by Literature (Post 9319076)
Nothing particularly, unless it is suggesting that the debt limit shouldn't be increased. It is suggesting that, though, which means it's wrong. Which is something Obama admits today. Yes, that was a political decision, not a particularly wise one. Just like Republicans who in 2006 favored raising the debt limit.

Read that last statement twice if it helps.

Not increasing the debt limit at some point isn't wrong. Eventually the iceberg tips over. If interest rates start to rise you'll be looking at trillion dollar interest rates before the end of the decade.

To the working man that means taking 1,000,000,000 $100 bills and burning them in the trash barrel every year. Or, that's an 2009 Obama stimulus burned every year without the constituent payoffs.

Obama already made Bush tax cuts permanent for most of us so he cut off that revenue.

How exactly are we going to pay for it? 2% economic growth? Laughable. At some point either intelligent liberals have to realize Obama either wants to drive us into a socialist state or he's an idiot that doesn't know WTF he's doing.

BucEyedPea 01-14-2013 08:17 PM

Quote:

Originally Posted by mlyonsd (Post 9318861)
I know. I just can't help reminding our liberal friends of the hypocritical POS they continue to defend and how bad it reflects on their own integrity.

But, but we're the hypocrites. Where is cosmos?

Gotta a relative on FB who's timeline is all R bashing: We live in a bubble, we are the liars, we don't basic infrastructure such as weather satellites and on and on.

BucEyedPea 01-14-2013 08:18 PM

Quote:

Originally Posted by HonestChieffan (Post 9319021)
Romney waffled and flip flopped and had files of qualified women.

Clinton wanted to get his hands on those binders.:D

HonestChieffan 01-14-2013 08:34 PM

Quote:

Originally Posted by BucEyedPea (Post 9319183)
Clinton wanted to get his hands on those binders.:D

Never heard em called binders before


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