US debt talks: 'trust gap' between negotiators, rank and file in Congress

Jul 11, 2011 | Posted by: Mr_Bill | Full story: www.csmonitor.com

With the collapse of prospects for a "grand bargain," President Obama and congressional leaders return to debt talks Monday to find common ground for a more modest measure.

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“It's a Brand New Day”

Since: Feb 06

New Rochelle

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#1
Jul 11, 2011
 

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Obama is wasting valuable time dancing with slugs. He should invoke the 14th Amendment, Sec. 4; and move on to job creation.

The GOP in congress only wants to do nothing, and blame Obama for their own inaction.

Furthermore, Obama should cut ALL Federal expenditures in their districts, including moving all military our, and stopping the US Mail.

No flood, fire, or highway aid from Washington. CUT THEM OFF!
WOODCHUCK

North Port, FL

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#2
Jul 11, 2011
 

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It’s a curious position, given the anemic economic growth and rising unemployment. And it’s even more curious considering that Obama himself has warned about the deleterious effects of raising taxes in a struggling economy.

In August 2009, on a visit to Elkhart, Indiana to tout his stimulus plan, Obama sat down for an interview with NBC’s Chuck Todd, and was conveyed a simple request from Elkhart resident Scott Ferguson:“Explain how raising taxes on anyone during a deep recession is going to help with the economy.”

Obama agreed with Ferguson’s premise – raising taxes in a recession is a bad idea.“First of all, he’s right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we’ve instead cut taxes. So I guess what I’d say to Scott is – his economics are right. You don’t raise taxes in a recession. We haven’t raised taxes in a recession.”

Todd reminded Obama that he had promised to raise taxes on “some of the wealthiest” Americans!

The guy is a Chameleon Weasel??...Bigger Liar than CALLY ANTHONY....Always liked a leader with ROOTs,and the belief of his conviction, of his convictions...this "DICK" is a Political power hungry Hack Liar!...by his own mouth!..this is not made up!..just follow the guy!...a long record of being a LIAR!..LOONS know that...Man he took their drawers off enough!!

9.2% unemployment..ITS THE JOBS STUPID!!

Proffile in courasge????..more like a Political whore!!
Kennesaw71

Anaheim, CA

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#3
Jul 11, 2011
 

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Republicans might agree to taxing unions more which make gulf stream jets he hates so much. Would agree to taxing GE which owns pMSNBC. Would agree to taxing the Rockefellers. Would agree to tax Media Matters.

Without the above, why bother agreeing to anything?
Kennesaw71

Anaheim, CA

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#4
Jul 11, 2011
 

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Didn't the Bamster vote no to debt ceilings when he was a senator? Roflmao.

“i hope we can change this!”

Since: Aug 08

usa

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#5
Jul 11, 2011
 

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Kennesaw71 wrote:
Didn't the Bamster vote no to debt ceilings when he was a senator? Roflmao.
yes he did...here's exactly what he said about it...

>>>The 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.<<<

he ALSO said, just last december, that with the economy in such fragile condition, to raise taxes now would be extremely harmful.

well, the economy is WORSE now than it was in december!

the man is either TOTALLY clueless, or, INCREDIBLY dangerous...
or, both.
LOL

United States

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#6
Jul 11, 2011
 
LMAO !!!!!!!!!!

trust gap......

LMFAO !!!!!!

congress and the prez.....A trust gap.....

ROTFLMFAO !!!!!!

“If it ain't broke don't fix it”

Since: Jul 09

Arcadia, LA.

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#7
Jul 11, 2011
 

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Mr_Bill wrote:
Obama is wasting valuable time dancing with slugs. He should invoke the 14th Amendment, Sec. 4; and move on to job creation.
Job creation? He has had almost three years to do something about job creation. Instead, he has done everthing to discourage job creation.
Don Joe

Saint Paul, MN

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#8
Jul 11, 2011
 

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carey529 wrote:
<quoted text>
yes he did...here's exactly what he said about it...
>>>The 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.<<<
he ALSO said, just last december, that with the economy in such fragile condition, to raise taxes now would be extremely harmful.
well, the economy is WORSE now than it was in december!
the man is either TOTALLY clueless, or, INCREDIBLY dangerous...
or, both.
So, in your opinion, Obama is a liar, totally clueless, or dangerous. I agree based on the quote you provide. Particularly the part when Obama repeated the GOP lies that we should not raise taxes in a recession. We are in a depression and taxes need to be raised dramatically on the wealthy who are taking all of our wealth out of the country. Taxing them keeps it here and we can recover. Lowering taxes further on the rich deepens the depression. As long as Obama maintains the GOP policies to destroy the middle class, there will be no recovery.
Kennesaw71

Anaheim, CA

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#9
Jul 11, 2011
 
Obama only wants more revenue, and from the rich to boot ,to bolster more dumb masses votes in 2012. His second term is resting soley on John Boehner who has no pressure whatsoever from his constituency to make a deal. Just say no to debt ceiling increase John!
Roflmao....
WOODCHUCK

North Port, FL

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#10
Jul 11, 2011
 
WASHINGTON (AP)— President Barack Obama is taking a risky step, both politically and legislatively, in attempting to bargain with Republicans in public as well as around a White House conference table. His frequent public comments on contentious debt-limit talks could backfire, further poisoning the bargaining process.

At the same time, those high-profile bipartisan talks have yet to produce a breakthrough and have served to highlight serious differences within both parties.

Obama's decision to speak over the heads of Congress follows a pattern used by other presidents, some more effectively than others, in attempting to rally public support. Harry Truman scored points railing against a "do-nothing" Congress in the late 1940s. And Bill Clinton managed to mostly blame Republicans, led by then-House Speaker Newt Gingrich, for government shutdowns in late 1995 and early 1996.

With a presidential election looming next year, Obama's outreach was an attempt to burnish himself as the one ready to compromise — willing to take heat even from some in his own party for a deal that could keep the nation from plunging back into economic chaos — while appealing to Republican leaders to do the same.

"The risk is that he becomes more closely identified with the crisis, and if things don't work out, then the likelihood that the blame gets put on him is greater," said Ross Baker, a political scientist at Rutgers University.

That's a huge risk, given the likely impact on next year's presidential election.
Kennesaw71

Anaheim, CA

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#11
Jul 11, 2011
 

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The Bamster should just one 8 hour long tirade per month instead of 20 minutes every other day. More Fidel Castro style.
please scratchy iballllll

Scottsdale, AZ

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#12
Jul 11, 2011
 
In God Weeeeeeeee Debt????? ;-000000

“Resistance is futile!”

Since: Apr 07

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#14
Jul 11, 2011
 

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If the USA defaults for the first time in it`s history, then impeachment proceedings should begin not only against President Obama but also against the Congressional "leadership" regardless of party. The liberals and conservatives have brought America to the brink of disaster, and it`s high time that they pay the price for what they`ve done to our country.
Kennesaw71

Anaheim, CA

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#15
Jul 11, 2011
 

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They won't default on their debt, they will only have to cut big time into their idiotic spending habits. Like Obamacare might not get paid for.... My heart really bleeds over that one....
Chuckie

Broken Arrow, OK

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#16
Jul 11, 2011
 
Politicians can not trust one another so can they expect voters to trust them corrupt liars.
Kennesaw71

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#17
Jul 11, 2011
 

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Chuckie wrote:
Politicians can not trust one another so can they expect voters to trust them corrupt liars.
Obama acting like a share cropper who just won the powerball the last two years is easily the least trustable politician.... and he wants a higher debt ceiling?
Chuckie

Broken Arrow, OK

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#18
Jul 11, 2011
 
Kennesaw71 wrote:
<quoted text>
Obama acting like a share cropper who just won the powerball the last two years is easily the least trustable politician.... and he wants a higher debt ceiling?
Maybe they should do nothing. We can make it until the next election and let the voters decide.

“Resistance is futile!”

Since: Apr 07

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#19
Jul 11, 2011
 

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Chuckie wrote:
<quoted text>
Maybe they should do nothing. We can make it until the next election and let the voters decide.
I`ve already decided to vote against ANY candidate with a D or R after their name. It`s time for new blood and new ideas; we need to cleanse government at all levels of the liberal and conservative filth that is choking our country.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

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#21
Jul 12, 2011
 
dragoon70056 wrote:
<quoted text>
Job creation? He has had almost three years to do something about job creation. Instead, he has done everthing to discourage job creation.
You ought not lie to make your points. It makes a lying fool of you.
Evilmonger

Evansville, IN

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#22
Jul 12, 2011
 
Why would the Republicans trust them? We have been down this road before. They lied to Reagan, they lied to Bush I, and they swindled Boehner in the negotiations earlier this year. They tax hikes always come through, but the Dems always find a way not to cut spending. They have absolutely no intention of cutting spending now. The Republicans are in the same position as the Israelis: They have no negotiating partner who can be trusted to keep their word.

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