Thread: debt ceiling
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Old 07-22-2011, 08:38 AM   #95 (permalink)
aceventura3
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Quote:
Originally Posted by Baraka_Guru View Post
No what?
It is not the Republicans that are in the way of handling the debt ceiling issue.

Quote:
So Obama isn't letting the Republicans agree to raise the debt ceiling? Can you explain this to me? I'm not exactly well versed in the process.
This issue is and has been known since Obama took office. Not addressing the issue until now has been his choice. It is his responsibility to make sure the country's bills get paid. He has to work with Congress to get that done. It is his responsibility to submit and get budgets approved, which he has failed to do. His party currently controls the WH and the Senate. They have the power to set the agenda. They have not. As I recall there has not been a simple up/down vote in either chamber regarding raising the ceiling. I bet if there was, starting in the Senate, it would have passed.

You can not expect people against the raising the debt ceiling to vote to increase the debt ceiling. However, a leader can make it happen. Obama has not.

If you want me to tell you what I would do, I hesitate because it really serves no purpose. It is clear to me that as a leader Obama is failing on this issue. He can not blame anyone but himself. In addition to this failing, my position also is that the whole crisis is a manufactured one. So, not only is he failing, but he is failing in a situation he manufactured.

Quote:
I'm talking about the global economic crisis, ace.
The US is going to pay its bills. If we don't Obama should be impeached. There is no reason for the US not to pay its bills.

What follows is a pure ad-hominem rant and has no value to anyone other than allowing me to blow off some frustration...

Our Treasury Secretary could not even figure out how to pay his own taxes, yet he is in charge of the nations' finances. What a joke. If this guy can't figure out how to move money around to pay our bills he should resign. About three years ago, my business had a credit line frozen. We had business credit that went from a 6% rate to a 21% rate virtually overnight. We had declining revenue, and we had clients who either became slow to pay or unable to pay what they owed. I still had people to pay, bills to pay, taxes to pay, etc...know what, I figured out a way to do it. Geitner has been seeing this coming for a couple of years now, what a joke. It is too bad Obama is surrounded by academics and bureaucrats rather than people who have run businesses.

Quote:
Again, please inform me on why it's so difficult for the Republicans to agree to a formality. What is Obama doing to destroy them politically? Please explain this to me.
I bet if the debt ceiling issue was put to a vote as a single issue, it would pass. What most Republicans will not vote for is a tax increase. What some Republicans are saying is that they want spending controls and cuts tied to the debt ceiling increase to get their vote - this issue could have been easily managed, but it was not.
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