Obama Regrets His 2006 Vote Against Raising Debt Limit

[ZombieHorde]

Run time: 01:22 https://www.youtube.com/watch?v=Pj5LTk6Q0mM   Posted on YouTube: April 12, 2011 By YouTube Member: ShaddapPlease Views on YouTube: 1252   Posted on DU: July 29, 2011 By DU Member: ZombieHorde Views on DU: 806

 
Senator Obama's quote on the subject:

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “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. … 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 and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

~snip, snip~ (this next part is not an Obama quote)

“Based on the outcome of that vote…the full faith and credit was not in doubt,” Gibbs said. Then-Sen. Obama used the vote “to make a point about needing to get serious about fiscal discipline….His vote was not necessarily needed on that.”

On Sunday, senior White House adviser David Plouffe revised that explanation.

“He believes that vote was a mistake,” Plouffe told Fox News Sunday.

http://blogs.abcnews.com/politicalpunch/2011/04/obama-2006-vs-obama-january-2011-vs-obama-april-2011-on-the-debt-ceiling.html

He should have voted "Present." Just kidding.

I suspect this is one of the reasons President Obama won't invoke the 14th Amendment. He probably feels like a hypocrite. I know I would feel really bothered if I was in his position.

I don't really know anything about this, I am just trying to play computer-chair psychologist.

What do you think? Is President Obama's previous vote on the debt ceiling affecting his actions now?

[chill_wind]

1. Well, THAT's interesting, isn't it?

I didn't know that. Wish I had a nickel for every time I've heard that same speech in just the last week :-(