Obama stamps foot, demands no-limit credit card[/

Discussion in 'Politics' started by Doc91678, Dec 6, 2012.

  1. Doc91678
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    Doc91678 BANNED

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    Obama stamps foot, demands no-limit credit card​

    12/05/2012
    Neil Munro

    President Barack Obama says he won’t come out of his room to negotiate his government’s allowance until Congress gives him a credit card with no spending limit.

    “If Congress in any way suggests that they’re going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation… I will not play that game,” Obama huffed to a room full of business executives, whose own prosperity rests on proper management of their budgets and on staying within their credit limits.

    In 2011 and 2012, Obama complained repeatedly after he was forced to temporarily curb his spending plans in exchange for Republicans’ agreement to further raise the the executive’s credit limit on the international money market.

    Last year, the GOP’s pressure caused a “catastrophe” he said, suggesting that the GOP was responsible for the federal government’s credit-downgrade in August 2011.

    Republicans, including House Speaker John Boehner, have said repeatedly said that Obama will have to pay a political price — such as curbs in his spending plans — for future credit-limit increases. On Dec. 5, Boehner emphasized the point by saying Obama has boosted the nation’s growing debt to $50,000 for every man, woman and child.

    On Nov. 29, Obama declared to the House GOP leadership that he wants them to effectively give up Congress’ ability to limit borrowing by the Treasury Department.

    He reiterated that demand Wednesday, and declared that he would not negotiate with Republican leaders over another incerease in the federal government’s spending ceiling.


    Read more:
    Obama stamps foot, demands no-limit credit card | The Daily Caller
     
  2. occupied
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    occupied Gold Member

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    Do you still think the debt limit is somehow permission for future spending?
     
  3. konradv
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    konradv Gold Member

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  4. WillowTree
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    WillowTree Diamond Member

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    :lol::lol:
     
  5. G.T.
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    G.T. Diamond Member

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    They dont get it.
     
  6. occupied
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    occupied Gold Member

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  7. tjvh
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    tjvh Senior Member

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    Tax, Spend, Tax, Spend, and more Taxing, and more Spending... After all... It's what the voters wanted.
     
  8. g5000
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    g5000 Diamond Member

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    The Republican House of Representatives holds the purse strings. It is in the Constitution so many of you claim to revere.

    So when the Republican House of Representatives passes spending bills which they know ahead of time will require borrowing money that will push us over the debt ceiling, how big a fucking rube do you have to be to swallow their piss when they later rant about the debt ceiling for which they are the ones responsible for us once again hitting?

    Jesus, it is AMAZING how gullible some rubes are.
    .
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Dems haven't passed a budget in 4 fucking years, who in their right mind would even think about giving them more control. The house needs to pass a budget without Obama or Reid
     
  10. g5000
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    g5000 Diamond Member

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    GOP House: Okay, let's pass this bill to spend a couple trillion dollars.

    Clerk: That will require us to borrow more money.

    GOP House: Ayup.

    Clerk: And that will cause us to exceed the debt ceiling.

    GOP House: SHHHHHHH! The rubes might hear you!

    .
     

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