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Old 06-05-2012, 02:46 PM
 
16,092 posts, read 36,626,400 times
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http://www.cnbc.com/id/47693595

"Former President Bill Clinton told CNBC Tuesday that the US economy already is in a recession and urged Congress to extend all the tax cuts due to expire at the end of the year..."

"..."What I think we need to do is find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now, and then deal with what's necessary in the long term debt-reduction plans as soon as they can, which presumably would be after the election," Clinton said"
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Old 06-05-2012, 02:48 PM
 
34,390 posts, read 18,660,370 times
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I believe that is the 3rd time in 60 days old Bill has thrown obama under the bus.....
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Old 06-05-2012, 02:51 PM
 
Location: Neither here nor there
14,810 posts, read 14,033,294 times
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Clinton could have been the most admired Democrat president since FDR if he could only have kept it in his pants.

I'll say this much for him.......he has a much better grip on the reality of the economic life of the US and the world than does Obama.
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Old 06-05-2012, 02:56 PM
 
23,851 posts, read 19,894,142 times
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Nancy Pelosi has also abandoned Barack Obama's fight for tax increases on those making $250K and above....and is now advocating for tax increases on those making $1M and above.

Quote:
House Minority Leader Nancy Pelosi (D-Calif.) is pushing back against liberal critics of her proposal to extend the Bush-era tax rates only for those earning less than $1 million per year.

President Obama has supported a tax-cut extension only on family incomes up to $250,000. The Center on Budget and Policy Priorities (CBPP) — a left-leaning group often cited by Democrats — reported Wednesday that hiking the threshold to $1 million would sacrifice hundreds of billions of dollars in federal revenues, perhaps leading to steeper cuts in federal programs to fill the void.
http://thehill.com/homenews/house/23...iberal-critics-

She's got it wrong too, but you know you're ****ed up when Pelosi's not on your side.

This President is so out of touch with everything that is right it's completely mindboggling.
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Old 06-05-2012, 02:57 PM
 
Location: Dallas, TX
31,777 posts, read 24,951,830 times
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Rather amusing that the right wingers are now listening to Clinton and agreeing with him. Until...
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Old 06-05-2012, 02:58 PM
 
8,097 posts, read 4,436,596 times
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Yep. Hard to argue against the inexperience and ineffectiveness charges against the current administration's strategy and tactics for dealing with America's most pressing issue; the economy. Instead of addressing effectively early early in his term, he chose to be idelogical in his approach.

Fiddled while Rome burned, so to speak. Actually, I think Mr Obama may consider himself a bit of a Caesar. All that is missing is the toga and olive leaf wreath on his head.
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Old 06-05-2012, 02:58 PM
 
90 posts, read 91,677 times
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Good for Clinton. He's one of the few Democrats who sees the debt tsunami coming into wipe the US economy out. It's in the process of taking out Europe and then it'll be at US shores.
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Old 06-05-2012, 02:59 PM
 
10,543 posts, read 12,031,781 times
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Quote:
Originally Posted by EinsteinsGhost View Post
Rather amusing that the right wingers are now listening to Clinton and agreeing with him. Until...
Until he says something they disagree with? Isn't that how it works?
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Old 06-05-2012, 02:59 PM
 
4,260 posts, read 2,982,490 times
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Quote:
Originally Posted by Cunucu Beach View Post
Clinton could have been the most admired Democrat president since FDR if he could only have kept it in his pants.

I'll say this much for him.......he has a much better grip on the reality of the economic life of the US and the world than does Obama.

Who he was banging on the side was none of my buss.
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Old 06-05-2012, 03:00 PM
 
Location: Dallas, TX
31,777 posts, read 24,951,830 times
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Quote:
Originally Posted by Rggr View Post
Until he says something they disagree with? Isn't that how it works?
No, as long as he says something that agrees with their ideology. I don't think they will wait long enough for him to say something they disagree with.
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