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Topic: Obama Demands Quick Action to Raise Debt Limit |
Obama Demands Quick Action to Raise Debt Limit
Associated Press, by Julie Pace
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Original Article
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Posted By:DW626, 1/14/2013 2:59:44 PM
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Washington - President Barack Obama demanded on Monday that lawmakers raise the nation´s $16.4 trillion federal debt limit quickly, warning that "Social Security benefits and veterans´ checks will be delayed" if they don´t and cautioning Republicans not to insist on cuts to government spending in exchange. "They will not collect a ransom in exchange for not crashing the economy," he said at the 21st and final news conference of his first term. "The full faith and credit of the United States of America is not a bargaining chip. And they better decide quickly because time is running short." Headline corrected by staff.
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Reply 1 - Posted by:
sardonic, 1/14/2013 3:04:50 PM (No. 9116140)
Yep, but those welfare checks and government bennies will go out right on time.
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Reply 2 - Posted by:
texascunning, 1/14/2013 3:08:30 PM (No. 9116147)
FTA: "They will not collect a ransom in exchange for not crashing the economy,"
The president gets his ransom AND crashes the economy.
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Reply 3 - Posted by:
Rafter, 1/14/2013 3:15:05 PM (No. 9116160)
What we should do very quickly is recount the votes.
Since the constitution is so flexible, let´s extend consideration of the Electoral College´s initial estimate.
As little more than a gummint estimate, it could have been way off. Seems to many that it was.
Quick recount is in order. Constitution? Be damned! Two or more can play the game, Bammy.
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Reply 4 - Posted by:
lakerman1, 1/14/2013 3:19:42 PM (No. 9116171)
Social security checks come from a trust fund, separate from the federal budget.
And President Zero, as a u.s. senator, voted against raising the debt limit. He said it was treasonous, or some such words.
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Reply 6 - Posted by:
BaseballFan, 1/14/2013 3:26:33 PM (No. 9116183)
The direct impact of raising the debt limit (again) is merely rushing up to an even higher cliff before leaping off.
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Reply 7 - Posted by:
Happy Trails, 1/14/2013 3:35:01 PM (No. 9116193)
Not all leaders are tyrants, and some resist tyrants. This creep communist is becoming the most hated tyrant since Caesar, and I wouldn´t be surprised if he has his Ides of March moment.
Since the President gets his authority from the Constitution, and when he violates his authority with illegal actions and demands, he betrays the trust of the American people, and becomes their enemy. I don´t think they can protect him or his cabal from a free people.
How did Nero end? Mussolini? Hitler? Stalin? Mao? Castro? Chavez? The modern tyrants all disarmed their people.
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Reply 8 - Posted by:
NorthernDog, 1/14/2013 3:35:51 PM (No. 9116196)
Why doesn´t he ever say that welfare checks, EBT cards, and Section 8 housing vouchers would be delayed?
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Reply 9 - Posted by:
horacer, 1/14/2013 3:37:13 PM (No. 9116199)
Obama called it a leadership failure. Of course then the debt was at 8.6 trillion, now that it´s 16.5 trillion it´s your patriotic duty. "If Obama says it, it must be very right."
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Reply 10 - Posted by:
Keekng, 1/14/2013 3:37:50 PM (No. 9116201)
Obama "demands.....", he "DEMANDS"? Bwahahahaha
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Reply 11 - Posted by:
PChristopher, 1/14/2013 3:40:32 PM (No. 9116203)
Why don´t we just outlaw presidential vacations? That oughta set things right.
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Reply 12 - Posted by:
Nimby, 1/14/2013 3:41:13 PM (No. 9116204)
Why doesn´t he write a check from his personal account temporarily? We the people will pay back the amount when we have it.
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Reply 13 - Posted by:
Ret.TxLeo, 1/14/2013 3:44:24 PM (No. 9116211)
How about you get the same response you gave Paul Ryan when asked about a budget...no...no...not today...not anytime in the near future either.....you own this Putter O...too many vacations, too many golf courses, too many parties in fantasy land. Too many hours of being fed communist ideas, socialist rhetoric all the while sucking on the silver spoon in your mouth.
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Reply 14 - Posted by:
Rafter, 1/14/2013 3:48:12 PM (No. 9116214)
#4, was that algorezero´s Lock Box... ?
No funds for Social Security have ever been saved in any way. They´ve all been spent as we go. Recipients get theirs. The rest is always spent on the general budget, very conveniently for liberoids.
Only IOU´s have been thrown in a drawer for later reference. Once the drawdown begins, funds have to come from taxes. Nothing has ever been saved. It´s always all been spent each year.
Text algorezero at his iGloo for confirmation... There´s no doubt that... He could use a break from sipping Cokes with the polar bears... s/o
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Reply 15 - Posted by:
JimS, 1/14/2013 3:59:04 PM (No. 9116225)
He...DEMANDS??? Who does he think he is? Caesar?
The law demands that an annual budget be passed. Where are the budgets for the last 3 years?
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Reply 16 - Posted by:
snowoutlaw, 1/14/2013 3:59:39 PM (No. 9116227)
When people demand things, I laugh in their face.
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Reply 17 - Posted by:
Quigley, 1/14/2013 4:03:42 PM (No. 9116231)
I guess it´s full speed ahead on spending and then try to raise enough in taxes. But I don´t know: to my knowledge teleprompter has never divulged a plan.
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Reply 18 - Posted by:
Breccia, 1/14/2013 4:06:41 PM (No. 9116238)
Paraphrasing Obie here: Boo!
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Reply 19 - Posted by:
sunsong, 1/14/2013 4:18:02 PM (No. 9116253)
Raise it $200 Billion
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Reply 20 - Posted by:
shamus, 1/14/2013 4:23:57 PM (No. 9116267)
"I am not a crook." -- Richard Nixon
"We are not a deadbeat nation." -- Barrack Obama
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Reply 21 - Posted by:
Philipsonh, 1/14/2013 4:28:44 PM (No. 9116281)
How about quick action on reducing the National Debt ?
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Reply 22 - Posted by:
bullhead, 1/14/2013 4:32:36 PM (No. 9116288)
I suggest Ldotters write their Congresspersons and demand that they NOT raise the debt ceiling. Perhaps this could be a first step in reining in the Dear Leader.
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Reply 23 - Posted by:
franq, 1/14/2013 4:38:35 PM (No. 9116301)
This Kenyan can demand all he wants. Right-thinking Americans do not have to comply.
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Reply 24 - Posted by:
lzboy, 1/14/2013 4:43:23 PM (No. 9116312)
There is sufficient money to pay all government debts from the taxes received each month.This will only happen if our fearless leader chooses to do so.
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Reply 25 - Posted by:
eoddad, 1/14/2013 4:48:16 PM (No. 9116315)
Dictator for life Big Daddy Obama demands. Just once someone standup to this light weight, bully. He will fold if truly stood up to.
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Reply 26 - Posted by:
6079 Smith, W, 1/14/2013 4:57:01 PM (No. 9116333)
And I demand that he follow the Constitution. I win.
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Reply 27 - Posted by:
whyyeseyec, 1/14/2013 4:59:34 PM (No. 9116341)
Everything this guy demands has to be `quick`. Gotta get it done right away or the earth will blow up. Too bad Boehner is such a crybaby reactionary.
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Reply 28 - Posted by:
WIBadger, 1/14/2013 5:09:28 PM (No. 9116363)
Raise this Stinky (you self-absorbed pompous asshat)....
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Reply 29 - Posted by:
hamrman, 1/14/2013 5:25:56 PM (No. 9116385)
Sure he does, because the Imperial President is the cause of the out of control debt...shut the government down! It will be followed by more demands!
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Reply 30 - Posted by:
hamrman, 1/14/2013 5:31:17 PM (No. 9116390)
Why not start with welfare checks, most on SS & and our veterans worked for what they are receiving...amazing how the use of OPM (other people´s money) works!
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Reply 31 - Posted by:
MMC, 1/14/2013 5:35:46 PM (No. 9116399)
Let me understand this: Senate Democrats havent put together a budget, Obama hasnt proposed a budget YET
The President demands an increase in debt with limits?
That is an unreasonable demand- and childish in nature.
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Reply 32 - Posted by:
ratslayer, 1/14/2013 5:44:02 PM (No. 9116412)
#4 has it! SS comes from trust fund. So Barry lies. Imagine that! More likely, he is so clueless as to not know that SSchecks are not paid by general fund. But the Obama "sail foam" voters think he be smart man.
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Reply 33 - Posted by:
Mr. Hanky, 1/14/2013 5:56:04 PM (No. 9116439)
This Administration just lurches from one "emergency" to the next. They haven´t passed a budget in years, or even proposed one that their own party could vote for...but yet it´s always someone else´s fault. What a bunch of clowns.
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Reply 34 - Posted by:
wsdiego, 1/14/2013 6:10:47 PM (No. 9116460)
Dumbo and the clowns! If he flaps his ears he might fly away! We can only hope!
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Reply 35 - Posted by:
Ida Lil, 1/14/2013 6:12:19 PM (No. 9116466)
Obe there has been no budget for 4 years and now you fail again. If there is no budget no bills can be paid and by law SS and VA military pay checks are not bills and are off the table. when trying to decide which payments will not be paid remember owners eat dirt when money runs out therefore since you think you are the nation´s owners you the critters czars and all other fed bosses must forgo salary and wages.
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Reply 36 - Posted by:
qr4j, 1/14/2013 6:37:49 PM (No. 9116514)
Of course the butt-boy press never says anything about Obama´s dictatorial tone or parisanship. Were a Republican pulling this stunt, we´d hear cries of Hilter, etc. Republicans are always partisan, never willing to work with the other side at compromise, according to the butt-boy press. Look in the freakin´ mirror, for crying out loud! Oh wait . . . they do; he does. And they all like what they see: Marxism.
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Reply 37 - Posted by:
lylacat, 1/14/2013 7:47:15 PM (No. 9116613)
Let 0bama Demand all he wants; do not give in to him. He is both ignorant and arrogant.
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Reply 38 - Posted by:
ColonialAmerican1623, 1/14/2013 8:15:22 PM (No. 9116654)
The audacity of it all. A well trained puppet speaks to the lemmings.
Why doesn´t somebody in Congress call him on it ?
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