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View Full Version : THE OBAMA-GOP DEBT CEILING WAR OF 2011


Rick
07-18-2011, 02:31 PM
THE FOLLOWING IS A BLOG DISPUTE ABOUT THE OBAMA/GOP DEBT CEILING DISPUTE (7-17-2011) WHICH I PICKED UP ON THE NET. THIS IS CLASSIC and I hope informative to anybody who cares to read this:

Chris 1 day ago in reply to Aswamper

What a bunch of crap! President Obama offered the Republicans a plan that was 83% spending cuts and 17% revenue increases, and those a%%holes were too dumb to take it. Even sensible Republicans understand that the this is a once-in-a-generation opportunity to do something about the long-run deficit problem, if only the Republicans would negotiate like grown-ups.

And Eric Cantor is a complete hypocrite. He complains about how dangerous the deficit is, but he is also fighting against drug discounts as part of the debt deal because his Phrma benefactors don't like it. And he supported a 90% punitive tax rate on wall street bonuses back in 2009 -- pretty strange given his stubborn refusal to consider any increases in revenue now. That guy is a joke!

The country is gonna blame you tea-party idiots if this thing falls apart -- every poll shows it!
!

DOCTORLOVE 10 hours ago in reply to Chris

Get your facts straight Chris.

"Total Obama cuts on table in 2012: $2 billion" "Leaders on both sides had said that was the only way they would be able to strike a deal" See:
http://www.washingtontimes.com...

All that is confirmed is, to demonstrate how serious he is, Obama has offered to put on the table for fiscal year 2012 spending cuts totaling (stand well back now) $2 billion. That would be a lot in, say, Slovenia, Nigeria or Azerbaijan. Once upon a time it
would have been a lot even in Washington. But today $2 billion is what the US borrows every 10 hours. In other words, in less time than he spends sitting across the table negotiating his $2 billion cut, he's already borrowed it all back. A negotiation with Obama is literally not worth the time.

The issues of spending and taxes should be decoupled. The spending crisis is what's going on and demands attention now; it's because of out-of-control spending that we are up against the debt ceiling.Taxes