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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Obama Under the MicroScope, As the Pressure Builds!
Well, I think it should be very interesting how Obama handles the next month?
As so far, he let the debt crisis go on too long...then he still does his normal ultimatums, even with the approaching deadline....and now did he really storm out of the debt talks or just leave, as reports differ....
Well August 2 is fast approaching, Mr. President!
PS. Hope he doesn't sell out the poor of the USA, as he seems to have done by throwing Social Security into the mix!
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Thu Jul 14, 2011 9:35 am |
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Shack
Devil's Advocate
Joined: Sun Jul 31, 2005 2:30 am Posts: 38018
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Re: Obama Under the MicroScope, As the Pressure Builds!
Unemployment and the debt are both disasters and the only way to try and fix either is to further crush the other. gl Obama
The GOP position of wanting Medicare and SS cuts is right. Just wish it could come out of a more civil way.
_________________Shack’s top 50 tv shows - viewtopic.php?f=8&t=90227
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Thu Jul 14, 2011 12:20 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Shack wrote: Unemployment and the debt are both disasters and the only way to try and fix either is to further crush the other. gl Obama
The GOP position of wanting Medicare and SS cuts is right. Just wish it could come out of a more civil way. I agree all of these are disasters. I am just annoyed that, on all of them, each ADM, just keeps pushing it down the road, instead of working on it. Look at SS. That has been a mess for awhile. And all they do is keep on raising the limits on how much people have to pay into to it. Rather than taking the hard case, and making major cuts. But present politicans never will do that. As all that they care about is having an easy time in office and getting re-elected. For example, Means Testing! I don't have a problem with people getting $ if it is needed. But when people are getting money, that they don't need from a broken system, and over what they have paid in. There is a problem!
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Thu Jul 14, 2011 12:57 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Watching an Update on TV and also on Obama's Press Conference the Other Day.
Obama doesn't have the handle on the problems...and will fail...all of us!
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Fri Jul 15, 2011 10:14 am |
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Tyler
Powered By Hate
Joined: Tue Oct 12, 2004 8:55 pm Posts: 7578 Location: Torrington, CT
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Re: Obama Under the MicroScope, As the Pressure Builds!
Tax.
_________________ It's my lucky crack pipe.
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Fri Jul 15, 2011 3:49 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Nothing against Obama, but I watched his press conference a week ago, and whenever he was asked for other options or what will happen if a deal doesn't come together quickly. He stopped the person quickly and said, I am not going to discuss that as we will have a deal!but now a week later, I read the following.... Congress seeks debt solution, Obama goes to public http://news.yahoo.com/congress-seeks-de ... 49415.htmlWASHINGTON (AP) — Racing the debt clock, Congress is working on dual tracks while President Barack Obama appeals to the public in hopes of influencing a deal that talks have failed to produce so far.
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Sat Jul 16, 2011 7:22 pm |
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Shack
Devil's Advocate
Joined: Sun Jul 31, 2005 2:30 am Posts: 38018
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Re: Obama Under the MicroScope, As the Pressure Builds!
From what I've read, it seems like the silliest thing around is that if the debt ceiling isn't raised, it means a default
It doesn't. The government takes a ton more in via tax revenues than the interest. The yearly number is 2 trillion revenues, 400 billion interest, around. The August number is obviously in ratio. Default is basically saying we can't pay 1/5 of our budget, which is not even close to a number enough to make a country default. Defaults don't happen until the country's revenue gets eclipsed by interest, pretty much (ie Greece)
The government can just find other ways to pay the interest monthly. Take it out of defense, Medicare, SS, federal government pay, etc. The GOP knows this and that's why there's a real chance it actually doesn't get raised.
The democrats reaction to this has been essentially "Mom, if you don't let me borrow your credit card anymore, I'm going to jump off the Brooklyn Bridge" The debt ceiling not being raised is far from catastrophic. Default is such a worst case scenario that other better options will be exercised before then - ie dropping spending (since the GOP is not on board with raising taxes)
_________________Shack’s top 50 tv shows - viewtopic.php?f=8&t=90227
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Tue Jul 19, 2011 11:25 pm |
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Tyler
Powered By Hate
Joined: Tue Oct 12, 2004 8:55 pm Posts: 7578 Location: Torrington, CT
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Re: Obama Under the MicroScope, As the Pressure Builds!
They aren't going to drop it from defense. I seriously doubt it.
_________________ It's my lucky crack pipe.
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Wed Jul 20, 2011 11:41 pm |
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Darth Indiana Bond
007
Joined: Wed Jul 20, 2005 11:43 pm Posts: 11009 Location: Wouldn't you like to know
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Re: Obama Under the MicroScope, As the Pressure Builds!
The GOP just wants to get Obama out of office, they couldn't give two shits about this country. They just want more jobs for their party. I thought we were suppose to get rid of the spoils system when the Half-Breeds rolled along.
_________________
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Thu Jul 21, 2011 3:01 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Darth Indiana Bond wrote: The GOP just wants to get Obama out of office, they couldn't give two shits about this country. They just want more jobs for their party. I thought we were suppose to get rid of the spoils system when the Half-Breeds rolled along. Well I heard the very foolish Obama, at the press conference 2 weeks ago, refuse to take questions on what happens if they can't get it done or what compromises can be made. Just saying, we will get it done, Next Question! Just another stupid remark, comment, idea for the President, based on how long this was going on....that he would get a deal in 3 weeks. And add that to the fact, that he refused to give on some points, the others said, why should we give in, when he isn't????????????? SO GROUCHO, OBAMA SCREWS THE AMERICAN PEOPLE!....AGAIN!!!!!!!!!!!!!!!!
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Thu Jul 21, 2011 8:58 pm |
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Chippy
KJ's Leading Pundit
Joined: Tue Oct 12, 2004 4:45 pm Posts: 63026 Location: Tonight... YOU!
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Re: Obama Under the MicroScope, As the Pressure Builds!
You must not follow this very closely.
_________________trixster wrote: shut the fuck up zwackerm, you're out of your fucking element trixster wrote: chippy is correct
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Thu Jul 21, 2011 9:16 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Chippy wrote: You must not follow this very closely. So what happened? Why don't you explain!
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Thu Jul 21, 2011 9:17 pm |
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Chippy
KJ's Leading Pundit
Joined: Tue Oct 12, 2004 4:45 pm Posts: 63026 Location: Tonight... YOU!
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Re: Obama Under the MicroScope, As the Pressure Builds!
Obama has given in to a ridiculous amount of Republican demands.
_________________trixster wrote: shut the fuck up zwackerm, you're out of your fucking element trixster wrote: chippy is correct
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Thu Jul 21, 2011 9:21 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Chippy wrote: Obama has given in to a ridiculous amount of Republican demands. Then Name Some of Them....and how am I wrong that Obama, refused to discuss anything that, we will get a deal done.
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Thu Jul 21, 2011 9:28 pm |
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Chippy
KJ's Leading Pundit
Joined: Tue Oct 12, 2004 4:45 pm Posts: 63026 Location: Tonight... YOU!
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Re: Obama Under the MicroScope, As the Pressure Builds!
I shall not. That is not my job.
_________________trixster wrote: shut the fuck up zwackerm, you're out of your fucking element trixster wrote: chippy is correct
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Fri Jul 22, 2011 12:58 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Chippy wrote: I shall not. That is not my job. You sound like Obama and or Groucho now.
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Fri Jul 22, 2011 3:18 pm |
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The Dark Shape
Extraordinary
Joined: Sat Oct 23, 2004 3:56 am Posts: 12119 Location: Adrift in L.A.
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Re: Obama Under the MicroScope, As the Pressure Builds!
Goldie's a right-winger? That amuses me.
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Sun Jul 24, 2011 11:12 pm |
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Darth Indiana Bond
007
Joined: Wed Jul 20, 2005 11:43 pm Posts: 11009 Location: Wouldn't you like to know
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Re: Obama Under the MicroScope, As the Pressure Builds!
Is he? I really have no idea. He could just be a Davis Fleetwood type character. Maybe he IS Davis Fleetwood!
_________________
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Mon Jul 25, 2011 12:00 am |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Rick0180 wrote: Well, I think it should be very interesting how Obama handles the next month?
As so far, he let the debt crisis go on too long...then he still does his normal ultimatums, even with the approaching deadline....and now did he really storm out of the debt talks or just leave, as reports differ....
Well August 2 is fast approaching, Mr. President!
PS. Hope he doesn't sell out the poor of the USA, as he seems to have done by throwing Social Security into the mix! YUP, AS I CALLED IT > SHOULD BE VERY INTERESTING HOW OBAMA HANDLES THIS, WITH A WEEK TO GO!!!!!!!!!!!!!!!!!!!!!!!! Lawmakers split as debt deadline looms, markets uneasy http://news.yahoo.com/obama-congress-fa ... 52744.htmlWASHINGTON (Reuters) - A sharply divided Congress pursued rival budget plans on Monday that appeared unlikely to win broad support, pushing the United States closer to a ratings downgrade and debt default that would send shockwaves through global markets. With an August 2 deadline little more than a week away, lawmakers have steadfastly refused to compromise and talks once again collapsed in acrimony at the weekend. Democrats and Republicans split into two camps to work on their own proposals. Financial markets were uneasy in Asia and Europe on Monday about the prospect of a first-ever U.S. debt default, which Fed Chairman Ben Bernanke has said would be a "calamitous outcome" for the U.S. and the global economy......ARTICLE CONTINUES......
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Mon Jul 25, 2011 9:03 am |
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Mannyisthebest
Forum General
Joined: Wed May 10, 2006 3:53 pm Posts: 8636 Location: Toronto, Canada
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Re: Obama Under the MicroScope, As the Pressure Builds!
Quote: Obama has given in to a ridiculous amount of Republican demands.
Obama thinks there is no debt problem, he only paid attention to it after the midterm elections. I think the Republicans are acting like Children, Obama is weak lets take all the candy.
_________________The Dark Prince
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Mon Jul 25, 2011 10:11 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
1st with a week left, Obama is being a fool for demanding too much. Just get it F'ing solved, that is the most important thing. Especially that he won't sign a 6 month extension, but wants it to go past the next elections. JUST ANOTHER ONLY WORRYING ABOUT HIS OWN BUTT!
SO OK THE ONE FOR 6 MONTHS AND START WORKING ON IT AGAIN...RATHER THAN PLAYING GAMES! WHICH HAS TO BE UNFORTUNATELY DONE BASED ON THE DEADLINE BEING A WEEK AWAY!
PS. AS I CALLED IT A MONTH AGO!!!!!!!!!!!!!!!
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Mon Jul 25, 2011 11:25 pm |
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Chippy
KJ's Leading Pundit
Joined: Tue Oct 12, 2004 4:45 pm Posts: 63026 Location: Tonight... YOU!
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Re: Obama Under the MicroScope, As the Pressure Builds!
You should watch Fox News MORE.
_________________trixster wrote: shut the fuck up zwackerm, you're out of your fucking element trixster wrote: chippy is correct
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Tue Jul 26, 2011 8:10 pm |
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Rick0180
The Incredible Hulk
Joined: Thu May 26, 2011 6:39 pm Posts: 534
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Re: Obama Under the MicroScope, As the Pressure Builds!
Too Bad this thread, by yours truly, was closed, as it was so right on!
For Shame>Debt crisis:Obama threatens veto,no deal in sight The Beginning of the End, Mr President?
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Thu Jul 28, 2011 9:49 am |
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