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This Whole Debt Limit Thing

Who has been the most unreasonable on this whole debt limit thing?

  • Congressional Democrats

    Votes: 11 6.2%

  • Congressional Republicans

    Votes: 139 78.1%

  • Obama

    Votes: 10 5.6%

  • They have all been equally unreasonable.

    Votes: 18 10.1%
  • Total voters
    178
  • Poll closed .
BenBurch said:
No, we want tax increases and military spending cuts and economic investment until it is blue and we have un-done the damage the GOP willfully did to our nation.
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The facts are that the requested debt limit increase would exactly continue those big red lines. At least for two more years. The republican plan if it works chops those big red lines into little ones.

So your assertion can only be true as some indefinite future hopey chanty thing.

And we need reality, and in the immediate term, because we are now suffering from the results of exactly what the democrats want more of.

Flagrant overspending.....
 
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mhaze said:
And we need reality, and in the immediate term, because we are now suffering from the results of exactly what the democrats want more of.

Flagrant overspending.....
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Yeah, other than the fact that Obama has already agreed to massive spending cuts as part of a compromise to reach an agreement with the no-compromise Republicans, your assessment of the Democratic position is totally not a lie.
 
BenBurch said:
Not overspending if it has the effect intended with time.
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Unfortunately, time is in short supply, and bernanke is losing control of the interest rate, which has it's own dynamic, and which is rising. Time, with the best intents, could result in interest on debt close to the total of all 1040 revenue. How to prevent that? Control the rate by having the fed buy the treasuries. Then the world dumps their holdings, and a similar result exists.

Both occur with that darn reality....time.

Thus, schemes which continue the party now, need to be seen not only for the simple reality which they are, continuing the party.
 
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mhaze said:
Unfortunately, time is in short supply, and bernanke is losing control of the interest rate, which has it's own dynamic, and which is rising. Time, with the best intents, could result in interest on debt close to the total of all 1040 revenue. How to prevent that? Control the rate by having the fed buy the treasuries. Then the world dumps their holdings, and a similar result exists.

Both occur with that darn reality....time.
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And your solution? None. I've not heard anything from the "Right" that could even have a prayer of undoing the damage you guys caused.
 
johnny karate said:
Yeah, other than the fact that Obama has already agreed to massive spending cuts as part of a compromise to reach an agreement with the no-compromise Republicans.
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Yeah, well if he stuck with his earlier position on the debt limit, he'd just be admitting what a failure he is:

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.
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- Obama 2006
 
Neally said:
Yeah, well if he stuck with his earlier position on the debt limit, he'd just be admitting what a failure he is:

- Obama 2006
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Yes, because Obama's the one who got the US on the road to the current economic situation...
 
johnny karate said:
Good one. Maybe next time call Obama a doody head too.
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No, just repeating Obama's own words to describe himself in exactly the same situation he described Bush, "leadership failure".

BobTheDonkey said:
Yes, because Obama's the one who got the US on the road to the current economic situation...
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Sorry, he doesn't get a pass anymore than he gave Bush one for pushing for raising the debt limit. He described it as leadership failure and voted against raising the limit. Now that he's responsible suddenly he's pushing hard for it and won't use the same words to describe himself. Funny how that works out.
 
Neally said:
No, just repeating Obama's own words to describe himself in exactly the same situation he described Bush, "leadership failure".
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It actually wasn't the exact same situation. But never mind that. Please continue ignoring the specifics of this current crisis in order to make your partisan jibes.
 
Emperor_Gestahl said:
Making threats on seniors' SS checks is pretty low on Obama's part.. The whole "might not be money in the coffers" statement was dishonest. The government has revenues, if Obama prioritizes other spending over SS checks that would be his choice to stop those checks.. his hand would not be forced by any means.
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It's the same damn thing that happens all the time here in California, when money is tight, and the corrupt, spendthrift politicians are upset that the people won't support higher taxes. You'll never hear of such a politician threatening to cut spending to some unpopular, wasteful government program that most of us never wanted in the first place. At the state and lower levels, it is things like police and fire departments that seem to be the first thing to be threatened, or actually cut.


Do you suppose Obama would threaten to gut his health care scam if we won't give him enough money to support it? No more money to be wasted on fraudulent bailouts and “stimulus” scams—do you think he'll threaten that? How about money to be given away to foreign groups, that will use it against out interests—do you think he will threaten to cut that? Of course not. Like any similarly corrupt, greedy, power-crazed tyrant, he's going to threaten to cut spending in those areas that Americans actually want and need government to be spending.
 
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