LAT- Obama winning debt ceiling showdown (generations, Barack Obama, compared, party)

[ColonelStraker]

Originally Posted by jojajn

In other words, you are recommending that we only pay off a certain amount of what we already owe. That would be like saying, "I am only going to pay for half of my credit card bill."

Servicing the existing debt is not 100% of revenue flowing into the government. Debt payments get first priority and everything else gets cut.

[KUchief25]

Obama wins and America loses and the liberals cheer it all on. Then the claim the republicans have taken the economy hostage is raised while they cheer on obamacare which took control of on sixth of the US economy. Are liberals really this far gone? Sadly they are. They have become parrots who are told what to say and not question anything. Useful idiots one and all.

[jwm1964]

Originally Posted by Gurbie

Obama appears to gain ground in spending battle - latimes.com

The GOP's problem is obvious. They have taken a hostage they absolutely cannot afford to shoot- the US Economy.

That's why the president is "refusing" to negotiate- the GOP isn't holding any cards. Obama can lay the megaphone on the hood of his squad car, walk across the street to Starbucks, and chill.

A lot more logical place for the GOP to make a stand on spending cuts would be the sequestration and continuing resolution debates to come. As it is, they are like a guy who gets his credit card bill in the mail, and rants, "I charged too much last month! I REFUSE to make this payment!" Try that with your bank, and see how it works!

But there, I see I used "logical" and GOP in the same sentence...

The left lies, slanders and destroys.
They create nothing.

Obama has taken this economy hostage with his lies and I am saddened by the number of people who are too blind to see. He wants to tax our way out of this mess while adding more to the debt when it has already been shown that even if he quit spending their still aren't enough tax revenues to dig us out of this mess.

He has taken the economy hostage by his angry refusal to compromise on anything.

We are already seeing the writing on the wall as far as middle class tax increases yet still the left screams 'gut the rich'.

You don't you get it - when he says rich - he means middle class. Yes he throws around the rhetoric about the wealthy - but it is the middle class that will pay for his irresponsible spending - once he has reduced this nation to a 3rd world country will you still be cheering him then?

[ColonelStraker]

Originally Posted by jojajn

You realize that by doing this, our economy would crash huge don't you?

The economy NEEDS to crash. Time to reset the whole system and get back to the Constitution. If a program is not specifically enumerated then it gets CANCELLED and the responsbility (if any) is returned to the states. The FED has no business spending one penny on healthcare, welfare, education, etc.

List of enumerated powers

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;To borrow Money on the credit of the United States;
To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;
To establish a uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;
To establish Post Offices and Post Roads;
To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;
To constitute Tribunals inferior to the supreme Court;
To define and punish Piracies and Felonies committed on the high Seas, and Offenses against the Law of Nations;
To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;
To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;
To provide and maintain a Navy;
To make Rules for the Government and Regulation of the land and naval Forces;
To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;
To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;
To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings; And
To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

[hullo]

Originally Posted by Gurbie

Obama appears to gain ground in spending battle - latimes.com

The GOP's problem is obvious. They have taken a hostage they absolutely cannot afford to shoot- the US Economy.

That's why the president is "refusing" to negotiate- the GOP isn't holding any cards. Obama can lay the megaphone on the hood of his squad car, walk across the street to Starbucks, and chill.

A lot more logical place for the GOP to make a stand on spending cuts would be the sequestration and continuing resolution debates to come. As it is, they are like a guy who gets his credit card bill in the mail, and rants, "I charged too much last month! I REFUSE to make this payment!" Try that with your bank, and see how it works!

But there, I see I used "logical" and GOP in the same sentence...

Explain why you think the GOP is holding the US economy hostage.

Are you defending raising the debt ceiling?

[BigHouse9]

I wish liberals understood economics rather than posturing. But logic, facts and history seem to elude them at every turn, especially the Bozo in the White House.

[ColonelStraker]

Originally Posted by hullo

Explain why you think the GOP is holding the US economy hostage.

Are you defending raising the debt ceiling?

I did not realize that the "economy" had rights over the people.

[EdwardA]

The debate should be about the budget. The time to debate was during the fiscal cliff. The GOP thought they could do better with the debt ceiling, wrong again.

[hullo]

Originally Posted by Gurbie

Obama appears to gain ground in spending battle - latimes.com

The GOP's problem is obvious. They have taken a hostage they absolutely cannot afford to shoot- the US Economy.

That's why the president is "refusing" to negotiate- the GOP isn't holding any cards. Obama can lay the megaphone on the hood of his squad car, walk across the street to Starbucks, and chill.

A lot more logical place for the GOP to make a stand on spending cuts would be the sequestration and continuing resolution debates to come. As it is, they are like a guy who gets his credit card bill in the mail, and rants, "I charged too much last month! I REFUSE to make this payment!" Try that with your bank, and see how it works!

But there, I see I used "logical" and GOP in the same sentence...

Our country is in debt over 100 trillion dollars. How much more would you like to spend?

[ColonelStraker]

Originally Posted by EdwardA

The debate should be about the budget. The time to debate was during the fiscal cliff. The GOP thought they could do better with the debt ceiling, wrong again.

Barak "the deadbeat" does not understand a budget. That is why he has never signed one.