OldSchool
14 years ago
http://thehill.com/homenews/administration/171403-obama-warns-cantor-dont-call-my-bluff-in-debt-talks

Ok, If this quote is correct, either Abdul Mustafa is to stupid to know the correct saying of this terminology while trying to pose a threat would be "Call me if you think I'm bluffing"..... or for the first time he has told the truth, albiet accidently, and admitting he is bluffing.


[frypan]
HockeyDad
14 years ago
Ben Bernanke said today in Senate testimony that overzealous cuts to government spending in the short term could derail a shaky recovery and said a debt default could wreak financial havoc.

You people need to call your government representatives and tell them that you need them to sign you and your children up for more debt. If the chairman of the Federal Reserve says you need more debt, YOU NEED MORE DEBT! Get with the program.
apachelm
14 years ago
If this "shaky recovery" is predicated on more deficit spending maybe it needs to be "derailed". I'm more of a saver than a spender so what exactly is wrong with higher interest rates?
HockeyDad
14 years ago
Moody's Investors Service warned late on Wednesday that the United States could lose its top credit rating in coming weeks if a standoff between the White House and congressional Republicans over raising the statutory borrowing limit is not resolved.

Earlier on Thursday, China -- the United States' biggest foreign creditor -- urged the U.S. government to adopt responsible policies to protect investors' interests after the Moody's warning.



You people need to get your priorities straight. You need to adopt responsible policies to protect investors' interests.
donutboy2000
14 years ago
nnightmar
14 years ago
OldSchool
14 years ago
http://thehill.com/homenews/administration/171743-obama-public-sold-on-tax-increases-in-debt-ceiling-deal 

80% want tax increases??? 😳 [frypan]

Seems like the Head Nizzle is smokin' some of that good Cali sticky-icky!!!
dpnewell
14 years ago

80% want tax increases??? 😳 [frypan]

OldSchool wrote:




Oh, really? Here's the lastest Gallup poll.

http://www.gallup.com/poll/148472/Deficit-Americans-Prefer-Spending-Cuts-Open-Tax-Hikes.aspx 

50% want mostly spending cuts
11% want mostly tax increases
32% want a balance of spending cuts and tax increases

I guess Obumer's quoting a poll from Moveon.


Oh, and here's another interesting Gallup poll.

http://www.gallup.com/poll/148487/Republican-Candidate-Extends-Lead-Obama.aspx 

Would you vote for Obumer, or WHOEVER the Repulicans put up?

Obumer 39%
Any Republican 47%
Papachristou
14 years ago

80% want tax increases??? 😳 [frypan]

Seems like the Head Nizzle is smokin' some of that good Cali sticky-icky!!!

OldSchool wrote:




lmfao, i fell out of my chair laughing.


but dont worry, the taxes raises wont kick in till 2013 (after he gets re elected)
Stinkdyr
14 years ago
Shut the gubment down.


[ram27bat]
Papachristou
14 years ago
the only thing i would notice is more money in my paycheck! most of the services i use are from local/state governments except National defense.
DrMaddVibe
14 years ago
"Don't Call My Bluff" - Translation: Don't ruin my Chicago Birthday Bash, I have some golfing to do too! Presidentin' be hard!
14 years ago
What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.
rfenst
14 years ago
Everyone needs to chill-out. Negotiations are going as expected. It would be an extremely rare event for the political dispute to conclude this far before a deadline.
wheelrite
14 years ago

What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.

stogiesnbogies wrote:




We have a new Moron in our midst...

The S&P will downgrade our AAA Rating regardless because of the lack of real Debt reduction..

wheel,
ZRX1200
14 years ago
Another renamed recycled hit and runner.......

Like Wheel said unless there is legitimate cuts across the board over 4 trillion our rating will b downgraded.

I want the mother frozen. These sons of beotches on both sides have spent like drunken sailors for too long. And if its not in the constitution it shouldn't be funded, period. Audit the fed and blow that abortion up. Blow up the edu dept. Reset. I want the red ring of death for centralized fedral controllers. Friggin willing sheep need putchforks, hgh and roid rage.
HockeyDad
14 years ago

what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.

stogiesnbogies wrote:






Actually it is a credit extension on their personal credit cards. The debt extension is needed to fund the Federal government for this year and next to push the issue past the next Presidential election. Debt from the Bush wars have already been financed at attractive interest rates over the past few years.

While Obama is dealing with the hostage takers, keep in mind that Obama has dug his heals in on eliminating the Bush tax cuts for the rich which will raise $80 billion in revenue per year. The USA is currently running 1.4 Trillion USD in the red. The Obama plan is to reduce new debt for this year from 1.4 Trillion to 1.3 Trillion by goring the rich. Them man is a miracle worker!

WE NEED MORE DEBT! It is the only solution. As long as they will loan it to us, we should take it and continue to live large. When we default, break up the Union, and cause a global depression when trillions vanish, it should be the biggest bang possible.
HockeyDad
14 years ago

Another renamed recycled hit and runner.......

Like Wheel said unless there is legitimate cuts across the board over 4 trillion our rating will b downgraded.

I want the mother frozen. These sons of beotches on both sides have spent like drunken sailors for too long. And if its not in the constitution it shouldn't be funded, period. Audit the fed and blow that abortion up. Blow up the edu dept. Reset. I want the red ring of death for centralized fedral controllers. Friggin willing sheep need putchforks, hgh and roid rage.

ZRX1200 wrote:





In all the talk of cutting 4 trillion or 3.7 trillion, the part that gets missed is that they're stuck cutting 4 trillion from the projected 10 trillion in expected new debt over the next 10 years. If they actually reached agreement, they would still be agreeing to borrow another 6 trillion USD over the next 10 years!

The nation is bankrupt by any corporate accounting standards and the game of chicken is trying to force us to make a fundamental decision about where the country should head.
Papachristou
14 years ago

What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.

stogiesnbogies wrote:



been eating cheese lately? the real cause of the downgrade will be our inability to reduce our debt. Obama has single handed increased the debt more in 2 years than any other potus has done in their entire term, not to mention he has added over 20 million new voters to his ranks by enrolling them in welfare.

I am amused by your last paragraph. You are advocating the systematic execution those who disagree with obama? 🤔 dont forget, right wingers have all the guns
donutboy2000
14 years ago

.


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donutboy2000 wrote:








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