Showing posts with label 2008. Show all posts
Showing posts with label 2008. Show all posts

Sunday, January 13, 2013

Top Senate Dems Who Urged Obama To Raise Debt Ceiling Unilaterally All Voted Against Increase In 2006



On Friday the Democratic leadership of the Senate — Majority Leader Harry Reid, Assistant Majority Leader Richard Durbin, Conference Chair Charles Schumer, and Conference Secretary Patty Murray — wrote to President Obama urging him to unilaterally raise the debt ceiling in the event that Republicans either block such an increase or attempt to pass one “as part of unbalanced or unreasonable legislation.”


“We believe that you must make clear that you will never allow our nation’s economy and reputation to be held hostage,” the Democrats wrote. “We believe you must be willing to take any lawful steps to ensure that America does not break its promises and trigger a global economic crisis — without congressional approval, if necessary.”

Put aside the picture of leading lawmakers, usually so jealous of their constitutional prerogatives, asking the president to ignore Congress. What is striking about the letter is that every one of its signers — Reid, Durbin, Schumer, and Murray — voted against raising the nation’s debt ceiling just seven years ago.

Senator Obama calls Bush "unpatriotic" for adding trillions to debt


Sunday, December 2, 2012

Obama; "We have to take on Entitlements" 2008 [VIDEO]




In 2008, President Obama campaigned on hope and change. He made lofty promises from closing Gitmo to changing the sea levels. At a debate in 2008, in between John McCain obsessively saying “my friends”, we heard a different Barack Obama than teh one we hear today. One that believed we must deal with our entitlement crisis and we must deal with it swiftly.

He addressed this because at the time, with an outgoing Republican president, it was in vogue to admit that entitlements and unfunded obligations were the problem. Nowadays, the only problem the left seems to see is that rich guys aren’t getting hosed. We’ve spent a month debating (supposedly) $800 billion in tax revenue against a $16 trillion dollar debt. All this without even addressing the unfunded obligations that Tom Brokaw mentioned in the video which by some accounts is in excess of $120 trillion. Yes. That’s a “t”.

Hopefully a compromise that at the very least prevents us from going backward will appear. I’m not optimistic.


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