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And I just LOVE this one from 2006:Walter L Newton wrote: I like when Obama takes a firm stand on something... like this remark to the Business Roundtable...
“You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt.”
Barack ObamaThe 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 U.S. Government can’t 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.
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Rick wrote:
And I just LOVE this one from 2006:Walter L Newton wrote: I like when Obama takes a firm stand on something... like this remark to the Business Roundtable...
“You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt.”
Barack ObamaThe 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 U.S. Government can’t 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.
Hmmm...
http://www.nationalreview.com/corner/25 ... rew-c-mcca
The Fact Checker
Clearly, Obama’s sweeping statement does not stand up to scrutiny, even with his caveat. Time and again, lawmakers have used the “must-pass” nature of the debt limit to force changes in unrelated laws. Often, the effort fails — as the GOP drive to repeal Obamacare almost certainly will. But Kowalcky and LeLoup speculate that one reason why Congress has not eliminated the debt limit, despite the political problems it poses, is because lawmakers enjoy the leverage it provides against the executive branch.
http://www.washingtonpost.com/blogs/fac ... t-ceiling/
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towermonkey wrote: It's not Bush's fault, it's Reagan's. What is funny is how hard these guys will fight for their rich overseers while they go further and further into indentured servitude.
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