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Post by privateinvestor on Jul 14, 2011 8:38:46 GMT -5
Obama said yesterday and I am paraphrasing " I am not going to let this ruin my presidency" which means I think that his presidency is on the line if our government defaults and the financial markets take a nose dive. So he will have to raise the debt ceiling by an Executive Order and if the Repubs don't agree then he can blame them and save his presidency...but what do I know??? I majored in Hockey and Beer Drinking so Politics is NOT my thing.. But did stay at a Holiday Inn and do use Spell Checker..
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verrip1
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Post by verrip1 on Jul 14, 2011 11:17:48 GMT -5
Libs continue to amaze me. They wailed when the Repos abruptly left a debt ceiling meeting weeks ago, calling them quitters and petulant. Yet they consider it an an action of strength and wildly applaud it when Obama walks out of a debt ceiling meeting. Hypocrisy at its finest.
And for those who think Obama is some sort of rock onto which all of liberalism can rely, recall how he folded like a house of cards on the soak-the-rich tax increase during the budget compromise.
Obama will fold again and the Repos know it. He blinked before and he'll blink again. Until that moment, he'll talk tough. However the other side has no reason to take him seriously. It's just an act, and they've seen that play before.
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Post by maui1 on Jul 14, 2011 11:20:34 GMT -5
WASHINGTON (AP) - Echoing President Barack Obama's warning, Senate Majority Leader Harry Reid says Social Security payments would stop if there is no deal to raise the government's borrowing limit by Aug. 2.
Speaking on the Senate floor, the Nevada Democrat said flatly that payments for veterans benefits and the military, as well as Social Security, would cease if the government defaults on its obligations. His statement goes beyond Obama, who said earlier this week that he could not guarantee Social Security checks will be issued on Aug. 3.
more bullshit from the bullshitters
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mmhmm
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Post by mmhmm on Jul 14, 2011 11:28:48 GMT -5
Obama said yesterday and I am paraphrasing " I am not going to let this ruin my presidency" which means I think that his presidency is on the line if our government defaults and the financial markets take a nose dive. So he will have to raise the debt ceiling by an Executive Order and if the Repubs don't agree then he can blame them and save his presidency...but what do I know??? I majored in Hockey and Beer Drinking so Politics is NOT my thing.. But did stay at a Holiday Inn and do use Spell Checker.. Do you have a cite for the bolded statement attributed to President Obama, P.I.? What I recall reading was his statement that his position might bring down his presidency, but he would not yield. Were these two different statements?
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billisonboard
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Post by billisonboard on Jul 14, 2011 11:43:25 GMT -5
Obama said yesterday and I am paraphrasing " I am not going to let this ruin my presidency" which means I think that his presidency is on the line if our government defaults and the financial markets take a nose dive. So he will have to raise the debt ceiling by an Executive Order and if the Repubs don't agree then he can blame them and save his presidency...but what do I know??? I majored in Hockey and Beer Drinking so Politics is NOT my thing.. But did stay at a Holiday Inn and do use Spell Checker.. Do you have a cite for the bolded statement attributed to President Obama, P.I.? What I recall reading was his statement that his position might bring down his presidency, but he would not yield. Were these two different statements? He's "paraphrasing".
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mmhmm
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Post by mmhmm on Jul 14, 2011 11:53:22 GMT -5
I read that, billis. I'm really, really hoping he was "paraphrasing" a statement I hadn't heard about ...
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billisonboard
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Post by billisonboard on Jul 14, 2011 11:56:08 GMT -5
I read that, billis. I'm really, really hoping he was "paraphrasing" a statement I hadn't heard about ... Good luck with that.
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handyman2
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Post by handyman2 on Jul 14, 2011 12:01:42 GMT -5
I have heard a couple of versions of this so it is hard to know what is correct. Last night one so called source said he did not say anything but just got up and left. Also it was said that Cantor kept interrupting the discussions and a person in the meeting said Cantor said very little. Sounds like a lot of guessing to me.
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Post by privateinvestor on Jul 14, 2011 12:16:49 GMT -5
I have heard a couple of versions of this so it is hard to know what is correct. Last night one so called source said he did not say anything but just got up and left. Also it was said that Cantor kept interrupting the discussions and a person in the meeting said Cantor said very little. Sounds like a lot of guessing to me. I was trying or attempting to paraphrase what was discussed this AM on Morning Joe....and Joe Scarborough made a comment that he said was twitted to him by one of his old republican colleagues in the House that Obama said " he didn't want to let his bring down or ruin his presidency or bid for re election?...or words to that effect...I think they were using Cantors words which the dems dismissed as not being accurate which may or may not account for this brouhaha ha this AM...again much to do about nothing..
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Post by privateinvestor on Jul 14, 2011 12:17:32 GMT -5
I read that, billis. I'm really, really hoping he was "paraphrasing" a statement I hadn't heard about ... Good luck with that. What are you trying to say Bills?? Care to clarify that comment..
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Post by bubblyandblue on Jul 14, 2011 12:21:43 GMT -5
The president did say he was WILLING to sacrafice his presidency on this issue.
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billisonboard
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Post by billisonboard on Jul 14, 2011 12:26:03 GMT -5
Good luck with that. What are you trying to say Bills?? Care to clarify that comment.. Your reply #38.
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Post by privateinvestor on Jul 14, 2011 12:26:23 GMT -5
The president did say he was WILLING to sacrifice his presidency on this issue.[/quote] Or whatever and some claim he said he was NOT willing to sacrifice his presidency but to take some hits from his Dem base because he is willing to put social security and medicare on the table, I think??
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Post by privateinvestor on Jul 14, 2011 12:27:24 GMT -5
What are you trying to say Bills?? Care to clarify that comment.. Your reply #38. What about my reply #38?? quote author=privateinvestor board=politics thread=11304 post=456256 time=1310663809] I have heard a couple of versions of this so it is hard to know what is correct. Last night one so called source said he did not say anything but just got up and left. Also it was said that Cantor kept interrupting the discussions and a person in the meeting said Cantor said very little. Sounds like a lot of guessing to me. I was trying or attempting to paraphrase what was discussed this AM on Morning Joe....and Joe Scarborough made a comment that he said was twitted to him by one of his old republican colleagues in the House that Obama said " he didn't want to let his bring down or ruin his presidency or bid for re election?...or words to that effect...I think they were using Cantors words which the dems dismissed as not being accurate which may or may not account for this brouhaha ha this AM...again much to do about nothing..[/quote][/color]
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Jul 14, 2011 12:27:50 GMT -5
Not if Republicans fold first! They're itching to cave- give them a few more days...
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Post by bubblyandblue on Jul 14, 2011 12:28:39 GMT -5
A congressman naturally spends a lot of time fixing his fences, because that’s where he sits most of the time.
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Post by privateinvestor on Jul 14, 2011 12:38:42 GMT -5
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billisonboard
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Post by billisonboard on Jul 14, 2011 12:39:35 GMT -5
What about my reply #38?? quote author=privateinvestor board=politics thread=11304 post=456256 time=1310663809] I was trying or attempting to paraphrase what was discussed this AM on Morning Joe....and Joe Scarborough made a comment that he said was twitted to him by one of his old republican colleagues in the House that Obama said " he didn't want to let his bring down or ruin his presidency or bid for re election?...or words to that effect...I think they were using Cantors words which the dems dismissed as not being accurate which may or may not account for this brouhaha ha this AM...again much to do about nothing..[/color] mmhmm was looking for a cite of the statement by President Obama from which you "paraphrased" the statement you attributed to him. My response was a " " to indicate acknowledgement of what she was asking for and a "good luck with that" indicating that I doubted she would get one. Your reply #38 clearly showed that no such cite of a statement by President Obama would be forthcoming.
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Post by privateinvestor on Jul 14, 2011 12:40:50 GMT -5
What about my reply #38?? quote author=privateinvestor board=politics thread=11304 post=456256 time=1310663809] I was trying or attempting to paraphrase what was discussed this AM on Morning Joe....and Joe Scarborough made a comment that he said was twitted to him by one of his old republican colleagues in the House that Obama said " he didn't want to let his bring down or ruin his presidency or bid for re election?...or words to that effect...I think they were using Cantors words which the dems dismissed as not being accurate which may or may not account for this brouhaha ha this AM...again much to do about nothing..[/color] mmhmm was looking for a cite of the statement by President Obama from which you "paraphrased" the statement you attributed to him. My response was a " " to indicate acknowledgement of what she was asking for and a "good luck with that" indicating that I doubted she would get one. Your reply #38 clearly showed that no such cite of a statement by President Obama would be forthcoming.[/quote] And your point again is what??? If there is one someplace buried in that stuff?? Or why don't you provide a link that is exactly what Obama said if you object to or don't like my "paraphrasing" his comments which were probably second or third hand..but close enough
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Driftr
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Post by Driftr on Jul 14, 2011 12:46:46 GMT -5
There will not be any default on the public debt unless a conscious choice is made to do so by President Obama. We have plenty of tax revenue coming in to avoid missing any interest payments. The question is, do they try and get around making those payments by using a more liberal interpretation of this to say that just because we aren't paying doesn't mean we're invalidating the outstanding debt? Then the Democrats can force the interest rate spikes they've been 'warning' everyone about. I think they'd try it just because such a large majority of people don't understand or care enough about all this to truly understand it.
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Driftr
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Post by Driftr on Jul 14, 2011 12:47:58 GMT -5
If lawmakers fail to raise the federal debt limit, no asset class will be safe, and panic will sweep the financial markets. Interest rates will spike and the economy will fall back into a recession. Remove the Governmental deficit spending from GDP and we're not in a recession. We're in a depression.
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 12:51:49 GMT -5
His presidency went down a long time ago. Now he's just acting like the spoiled child he is... if he capitulates to Republicans, he is a . if he doesn't, he is a spoiled child. dude can't win.
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 12:54:20 GMT -5
They all need to stop drawing lines in the sand and sit down to business. There IS a compromise for this, and these folks need to get to work! of course there is. it is the one drafted by Biden. you know, the ones the GOP said didn't go far enough? that is where this is going to end. it is too bad, actually. the GOP could have got $4T in deficit reduction over the next (10) years. instead, they are going to "settle" for about 1/3 of that. profoundly disappointing. but that is what dogmatism and lack of negotiation get you. shitty compromises that please nobody.
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 12:56:01 GMT -5
That's how it appears, Virginia, and that may be exactly the way it is. All we know is what we're given to know. What I can see is nobody is going to get anywhere until they stop fighting a war amongst themselves and start getting down to the business of getting things done. That's going to have to include ALL of 'em! well, we know what we are given to know FROM BOTH SIDES. i am presuming that it is fairly reliable. but i don't think SV got it right. the $4T deal included repealing the Bush Tax Cuts.
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 12:56:58 GMT -5
...but the question remains: what MUST be done? ...a compromise does not a solution make... with a negotiation strategy like that, i can forgive Obama for giving up.
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Post by djAdvocate on Jul 14, 2011 12:58:24 GMT -5
Obama: "I've reached my limit. This may bring my presidency down, but I will not yield on this," according to a Republican aide. What limit? He hasn't proposed, or indicated agreement in principle to $1 dollar of spending cuts. according to everyone in that meeting last weekend, he did, actually. he proposed over $3T in spending cuts, including medicare, Paul. iow, he CALLED THEIR BLUFF. and Boehner went back to congress all excited. and they said "are you f(*KING INSANE?" basically. that is why Cantor replaced Boehner. because Boehner is not in touch with the freshman class. Boehner actually understands what it means to be a politician, rather than a preacher. and the freshman class hates him for it. i am having a hard time visualizing how this is a victory for anyone.
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 13:03:02 GMT -5
Obama said yesterday and I am paraphrasing " I am not going to let this ruin my presidency" which means I think that his presidency is on the line if our government defaults and the financial markets take a nose dive. So he will have to raise the debt ceiling by an Executive Order and if the Repubs don't agree then he can blame them and save his presidency...but what do I know??? I majored in Hockey and Beer Drinking so Politics is NOT my thing.. But did stay at a Holiday Inn and do use Spell Checker.. Do you have a cite for the bolded statement attributed to President Obama, P.I.? What I recall reading was his statement that his position might bring down his presidency, but he would not yield. Were these two different statements? no. you got it right, mmhmm
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djAdvocate
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Post by djAdvocate on Jul 14, 2011 13:06:28 GMT -5
I have heard a couple of versions of this so it is hard to know what is correct. Last night one so called source said he did not say anything but just got up and left. Also it was said that Cantor kept interrupting the discussions and a person in the meeting said Cantor said very little. Sounds like a lot of guessing to me. I was trying or attempting to paraphrase what was discussed this AM on Morning Joe....and Joe Scarborough made a comment that he said was twitted to him by one of his old republican colleagues in the House that Obama said " he didn't want to let his bring down or ruin his presidency or bid for re election?...or words to that effect he said just the opposite. he said that if it brings him down, sobeit, he would not yield. it is the first sign of spine i have seen from him in his 30 months at the desk.
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Post by privateinvestor on Jul 14, 2011 13:06:37 GMT -5
Do you have a cite for the bolded statement attributed to President Obama, P.I.? What I recall reading was his statement that his position might bring down his presidency, but he would not yield. Were these two different statements? no. you got it right, mmhmm He said we can get a lot of savings “if the spirit changes from why we can't do things to why we can. "I have shown enormous willingness to compromise and have taken huge heat for it," he said, "but my responsibility is to the American people and there comes a point when I need to say, 'Enough.'" "It cannot all be on us," the president said, arguing that Republicans need to give on the revenue side of things as Democrats are willing to do so on spending cuts. "Don't call my bluff," the president said. "I am not afraid to veto and I will take it to the American people." If Moody's, the credit rating agency that announced a review of U.S. credit, downgrades the United States, President Obama said, "it will be a tax increase on every American." There needs to be a long-term debt extension, the president argued. "This may bring my presidency down, but I will not yield on this,” he said. Then he stood up. "Enough is enough,” the president insisted. “We have to be willing to compromise. It shouldn't be about positioning and politics, and I'll see you all tomorrow." Then he left the room. blogs.abcnews.com/politicalpunch/2011/07/obama-this-may-bring-my-presidency-down-but-i-will-not-yield-on-no-short-term-extensions.html
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Post by privateinvestor on Jul 14, 2011 13:08:04 GMT -5
This may bring my presidency down, but I will not yield on this,” he said.
And I paraphrased Obama's words by saying," I am not going to let this ruin my presidency" so you can take your pick or continue to pick, choose or whatever..
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