HoldHard
07-13-2011, 08:27 AM
In a grandstanding move, Mr. Obama said during a CBS interview (http://www.cbsnews.com/8301-503544_162-20078789-503544.html) that there will not be enough money in the government coffers to pay the Social Security checks, military retirement and disability payments to American citizens if he does not get the debt ceiling raised.
Treasury officials have said the government would only be able to spend the money it brings in each day through revenue if the debt ceiling isn't increased. The government is scheduled to pay $23 billion in Social Security benefits on Aug. 3, and it is only expected to bring in $12 billion that day in tax revenue, according to the Bipartisan Policy Center.
Link (http://online.wsj.com/article/SB10001424052702303678704576441833014116822.html?m od=WSJ_hp_LEFTTopStories)
So the President just said, to the world, the United States can't pay it's own people the money that was deducted from their paychecks when they were tax-paying workers. The government cannot pay the retired military who laid their life on the line to protect this country. The government cannot take care of the disabled, those that need a social net to exist. (Well Obamacare would just kill them off anyway....let's just speed up the process starting on August 3rd, 2011... Why wait two more years?)
Let's put this in simple terms. The House Republicans want to get the debt under some semblance of control. The world is watching and countries like China (who holds billions of US debt) are sitting there rubbing their collective hands, hoping that financial devastation puts an end to their greatest enemy.
Meanwhile the occupant of the Oval office continues to act like he's a teenager that just got 50 new credit cards and is trying to max them all out before the end of the week. All the negotiations are about reducing or cutting government spending over the next 10 years!!!! How about we start cutting the entitlements in the next 10 months???
Again, the occupant of the Oval office continues to lie during his own meetings. Example:
Cantor, who is advocating a smaller deal, at one point demanded that Obama offer the details of his vision for a “grand bargain.”
“Where’s your paper?” he asked angrily.
Obama snapped back: “Frankly, your speaker has it. Am I dealing with him, or am I dealing with you?”
Boehner spokesman Michael Steel later said that the White House has not supplied Boehner with a detailed plan.
Link (http://www.washingtonpost.com/business/economy/debt-talks-show-growing-gap-between-white-house-gop/2011/07/12/gIQAbKuiAI_story_1.html)
What a surprise. He lied.
"After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is probably unattainable," Senate Republican Leader Mitch McConnell said in remarks on the Senate floor.
Link (http://www.cbsnews.com/8301-503544_162-20078766-503544.html?tag=re1.channel)
Let me translate that little piece of political-speak: He lies.
He wants to put everything off, exactly like Obamacare, until 2013 so the American people who are always focused on the next ten minutes will ignore what is happening.
“Nobody’s looking to raise taxes right now,” Obama said. “What we have talked about is that starting in 2013, that we have gotten rid of some of these egregious loopholes that are benefiting corporate jet owners or oil companies at a time where they’re making billions of dollars of profits.
Link (http://thehill.com/homenews/administration/170841-debt-talks-hit-brick-wall-obama-gop-trade-jabs)
Yeah, that's the ticket. Let's raise corporate taxes and bring a complete halt to the economic recovery. All in the name of punishing "corporate jet owners and oil companies".... those guys that meet payroll and thereby are paying government taxes! At least he stays in character. His lips move. He lies.
No wonder negotiations are at a standstill. The Idiot-In-Chief doesn't have a friggin' clue....
HH
Treasury officials have said the government would only be able to spend the money it brings in each day through revenue if the debt ceiling isn't increased. The government is scheduled to pay $23 billion in Social Security benefits on Aug. 3, and it is only expected to bring in $12 billion that day in tax revenue, according to the Bipartisan Policy Center.
Link (http://online.wsj.com/article/SB10001424052702303678704576441833014116822.html?m od=WSJ_hp_LEFTTopStories)
So the President just said, to the world, the United States can't pay it's own people the money that was deducted from their paychecks when they were tax-paying workers. The government cannot pay the retired military who laid their life on the line to protect this country. The government cannot take care of the disabled, those that need a social net to exist. (Well Obamacare would just kill them off anyway....let's just speed up the process starting on August 3rd, 2011... Why wait two more years?)
Let's put this in simple terms. The House Republicans want to get the debt under some semblance of control. The world is watching and countries like China (who holds billions of US debt) are sitting there rubbing their collective hands, hoping that financial devastation puts an end to their greatest enemy.
Meanwhile the occupant of the Oval office continues to act like he's a teenager that just got 50 new credit cards and is trying to max them all out before the end of the week. All the negotiations are about reducing or cutting government spending over the next 10 years!!!! How about we start cutting the entitlements in the next 10 months???
Again, the occupant of the Oval office continues to lie during his own meetings. Example:
Cantor, who is advocating a smaller deal, at one point demanded that Obama offer the details of his vision for a “grand bargain.”
“Where’s your paper?” he asked angrily.
Obama snapped back: “Frankly, your speaker has it. Am I dealing with him, or am I dealing with you?”
Boehner spokesman Michael Steel later said that the White House has not supplied Boehner with a detailed plan.
Link (http://www.washingtonpost.com/business/economy/debt-talks-show-growing-gap-between-white-house-gop/2011/07/12/gIQAbKuiAI_story_1.html)
What a surprise. He lied.
"After years of discussions and months of negotiations, I have little question that as long as this president is in the Oval Office, a real solution is probably unattainable," Senate Republican Leader Mitch McConnell said in remarks on the Senate floor.
Link (http://www.cbsnews.com/8301-503544_162-20078766-503544.html?tag=re1.channel)
Let me translate that little piece of political-speak: He lies.
He wants to put everything off, exactly like Obamacare, until 2013 so the American people who are always focused on the next ten minutes will ignore what is happening.
“Nobody’s looking to raise taxes right now,” Obama said. “What we have talked about is that starting in 2013, that we have gotten rid of some of these egregious loopholes that are benefiting corporate jet owners or oil companies at a time where they’re making billions of dollars of profits.
Link (http://thehill.com/homenews/administration/170841-debt-talks-hit-brick-wall-obama-gop-trade-jabs)
Yeah, that's the ticket. Let's raise corporate taxes and bring a complete halt to the economic recovery. All in the name of punishing "corporate jet owners and oil companies".... those guys that meet payroll and thereby are paying government taxes! At least he stays in character. His lips move. He lies.
No wonder negotiations are at a standstill. The Idiot-In-Chief doesn't have a friggin' clue....
HH