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Obama: Debt talks a rare chance for bipartisan deal to "make sure government lives within its means"

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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:45 PM
Original message
Obama: Debt talks a rare chance for bipartisan deal to "make sure government lives within its means"
http://www.bloomberg.com/news/2011-07-09/obama-says-debt-talks-are-rare-chance-for-bipartisan-agreement.html

Obama: Debt Talks a ‘Rare’ Chance for Bipartisan Deal
By Kate Andersen Brower

President Barack Obama said wrangling between Republican and Democratic lawmakers over a deficit- reduction deal provides a chance for a bipartisan approach to the nation’s biggest economic problems.

“We have an extraordinary -- and extraordinarily rare -- opportunity to move forward in a way that makes sure our government lives within its means, that puts our economy on a sounder footing for the future, and that still invests in the things we need to prosper in the years to come,” Obama said in his weekly radio and Internet address.

The president has invited congressional leaders --including House Speaker John Boehner, an Ohio Republican; House Democratic leader Nancy Pelosi of California; Senate Majority Leader Harry Reid, a Nevada Democrat; and Senate Republican leader Mitch McConnell of Kentucky -- to a White House meeting tomorrow.

During that session he will try to break a partisan impasse over whether to include cuts in entitlement programs and tax increases in a deficit-slashing deal to pave the way for a vote in Congress to increase the government’s $14.3 trillion debt limit...
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:46 PM
Response to Original message
1. Looks like a rare opportunity to use a "crisis" to move the country to the right - again.
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yourout Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:47 PM
Response to Original message
2. code for....make the rich richer and the poor poorer.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:47 PM
Response to Original message
3. Clueless or vindictive?
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LiberalAndProud Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:51 PM
Response to Reply #3
5. Intentional.
He's not wanting us back.
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:53 PM
Response to Reply #5
7. no kidding.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:51 PM
Response to Original message
4. time for another tax break!
Got to make sure things are "balanced" now don't we! :argh:

:kick:

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gkhouston Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:52 PM
Response to Original message
6. Well, if we're going to "live within our means", let's begin by taking
a close look at the things that took us from a budget surplus to a budget deficit. Those would seem like pretty obvious targets of opportunity, now wouldn't they?
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EFerrari Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 01:54 PM
Response to Original message
8. What about that 1 in 4 dollars the Pentagon can't even account for?
Should we be looking for that dollar?

lol
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:04 PM
Response to Original message
9. Thurs. Yet, today, we hear those who deny that any such "deal" was ever contemplated.
Amazing how well the memory hole works.
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:22 PM
Response to Reply #9
15. There's been ZERO evidence except a sole anonymous quote.
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:32 PM
Response to Reply #15
17. Sorry, but both papers of record reported it as fact. That horse has bolted the barn.
If it were a hoax, the WH would have said so in no uncertain terms first-thing on Thurs morning. Sorry, none of us are buying the denials and evasions we're hearing today.
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Liberalynn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:07 PM
Response to Original message
10. "and by bipartisian"
Edited on Sat Jul-09-11 02:10 PM by Liberalynn
he means he and the Repukes will tell Pelosi and Reed, to sit down, shut up, and swallow their castor oil. Then they will be told to return to their respective chambers and force everyone else to swallow it as well.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:08 PM
Response to Original message
11. Oh, goody another sitdown for the capos to decide how to screw the people.
Followed by a declaration of how the screwing is good for us.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:10 PM
Response to Original message
12. At my house, living within our means does not mean increasing the credit
line on credit cards, but rather not spending more than we have.

It would be nice if the government tried that.
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COLGATE4 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:20 PM
Response to Reply #12
13. Unfortunately, the finances of the government don't work like
the finances at your house. Simplistic thinking at best.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:23 PM
Response to Reply #13
16. Well, aren't you cute. Borrowing money out your ass such that even several generations
cannot pay it back is pretty simplistic also. And damn fucking stupid.
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Blecht Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:35 PM
Response to Reply #16
18. Trying to compare the operation of government to a family budget
Now THAT'S what is "damn fucking stupid."
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 04:12 PM
Response to Reply #18
24. You are right of course. That is why my household budget is not in the shithouse. nt
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:48 PM
Response to Reply #12
20. The government is not your house.
Not in any way.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 04:11 PM
Response to Reply #20
23. No shit, sherlock. We are fiscally responsible at my house. We are
not flushing someone elses money down one shithole after another.

I am truly fucking glad the government is not my house.
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eomer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:11 PM
Response to Reply #23
31. Please google "sovereign currency" and come back and explain what it means.
Edited on Sat Jul-09-11 06:21 PM by eomer
Then we can talk.

Edit: or just read this:
http://bilbo.economicoutlook.net/blog/?p=749
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:21 PM
Response to Reply #31
32. Why? Do you need help with the big words? Why is the concept of living with one's means
Edited on Sat Jul-09-11 06:32 PM by Obamanaut
so hard to grasp?

ETA Here's a thread that just popped up that uses almost those exact words.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1452645&mesg_id=1452645

Obama: Debt talks a rare chance for bipartisan deal to "make sure government lives within its means"

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:30 PM
Response to Reply #32
36. If the government lived within its means, you wouldn't have any money.
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eomer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:31 PM
Response to Reply #32
38. Nope, I've grokked it in its fullest. You, on the other hand...
are clueless. Read it and get a clue.

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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:36 PM
Response to Reply #38
39. I've read your responses, and have a clue. Here's a thread that you
might enjoy. If you've been reading my responses, rather than trying to think up cute ones yourself, you will have seen some of these words "...lives within its means...." Now, don't you find that interesting? It's like, well, a clue.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1452645&mesg_id=1452645

Obama: Debt talks a rare chance for bipartisan deal to "make sure government lives within its means"

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eomer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:40 PM
Response to Reply #39
41. For a government like ours that controls a sovereign currency, "live within its means" is nonsense.
Read the link posted in my edit of my first reply to understand why. Or don't and remain clueless; it's you're choice.

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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:51 PM
Response to Reply #41
47. Well then, from the link below using Obama's words, he too is clueless
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1452645&mesg_id=1452645

Obama: Debt talks a rare chance for bipartisan deal to "make sure government lives within its means"

As to choices, you too have a few: ignore me, don't open my responses, don't respond. Whichever you choose, it's ok. The sun will come up tomorrow, I will be at the gym as usual for my workout, and I will work in the yard in the afternoon.
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eomer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 07:00 PM
Response to Reply #47
50. Obama isn't clueless, I'm afraid. He is compromised.
I doubt he believes those words he said. If he does then he's clueless. But I doubt he does.

And I chose to respond because I think it is extremely important for people to realize they are being scammed and looted, not just by Republicans but also by these rightwing policies of some Democrats. I made my choice already.



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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:40 PM
Response to Reply #39
42. Yes, it's a huge clue that Obama is either clueless or he supports oligarchical looting.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jul-09-11 04:23 PM
Response to Reply #12
26. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:31 PM
Response to Reply #12
37. At your house, do you spend over half your budget on weapons you don't need?
Edited on Sat Jul-09-11 06:32 PM by Warren DeMontague
Or on occupations of several other houses in the neighborhood?

Do you spend more on weapons than every other house in the neighborhood, COMBINED?

Do you spend a significant portion of your monthly budget keeping your wife, or your mother-in-law who is on chemo, locked in her room for smoking pot?


Yeah, it 'would be nice' if government tried a whole bunch of things, starting with cutting or eliminating the worst idiocies in the budget- i.e. defense and the drug war.
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Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:46 PM
Response to Reply #37
45. For years, as a method toward the start of fixing the budget, I have
advocated the following, as an example:

Close all the military sites in all other countries, bringing all the military personnel and their families home (some are on accompanied tours.)

This provides an immediate savings in lease payments to the host country, as well as savings in not having to pay salaries to civilian employess at those sites.

Disperse all the returnees/families among the basis in the US. This provides an immediate influx of dollars into local economies.

Gradually reduce the overall size of the military via normal attrition as enlistments expire, and reduced recruiting efforts.

Stop all wars, stop being 'police force to the world.'

That's a start for fixing the budget problem.
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:21 PM
Response to Original message
14. Another masterful bit of right wing framing.
It's surely an amazing coincidence how that keeps happening.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:37 PM
Response to Original message
19. I interpret the government living within its means to indicate we must eviscerate social
security and Medicare to pay for my tax cuts to the uber-wealthy so they can continue to suck/slop fervidly at the public welfare teat. :patriot:
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 02:54 PM
Response to Original message
21. So that means we're dropping tax cuts for wealthy and the excessive war machine?
Edited on Sat Jul-09-11 02:54 PM by high density
Great news!
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MisterP Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 03:41 PM
Response to Original message
22. we have GingrichCare and "budget balancing" on the backs of the poor
do you have any more shitty panaceas cribbed from the Contract on America?
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Jul-09-11 04:16 PM
Response to Original message
25. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
sad sally Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 04:24 PM
Response to Original message
27. Where have we heard this before? Short memory? Oh, let's see...December 2010?
President Obama: Tax cut compromise is right thing to do
By President Barack Obama - 12/07/10 11:32 AM ET

President Obama gave the following statement after a deal was reached with Republicans over the extension of the Bush tax cuts yesterday:

-snipped-

As for now, I believe this bipartisan plan is the right thing to do. It’s the right thing to do for jobs. It’s the right thing to do for the middle class. It is the right thing to do for business. And it’s the right thing to do for our economy. It offers us an opportunity that we need to seize.

It’s not perfect, but this compromise is an essential step on the road to recovery. It will stop middle-class taxes from going up. It will spur our private sector to create millions of new jobs, and add momentum that our economy badly needs.

http://thehill.com/blogs/congress-blog/economy-a-budget/132359-president-obama-tax-cut-compromise-is-right-thing-to-do?di

oh yeah, say it again...it's for REAL this time.
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 04:29 PM
Response to Original message
28. Obama Bad Obama Bad Obama Bad
The outrage machine runs 24/7.
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diane in sf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:06 PM
Response to Original message
29. What bad advice Obama is taking...
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:11 PM
Response to Original message
30. Bwaaaahaaaahaaaahaaa. Right. nt
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NCarolinawoman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:23 PM
Response to Original message
33. Calvin Coolidge lives! n/t
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:27 PM
Response to Original message
34. Prosperity is just around the corner! n/t
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Warren DeMontague Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:28 PM
Response to Original message
35. Yes. It's time for bold action. Cut defense in half, end the drug war, legalize and tax marijuana.
Austerity should mean, first and foremost, that we don't have $40 Billion a year to waste throwing cancer grannies in prison for smoking a joint.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:37 PM
Response to Original message
40. More right-wing framing from a right-wing president.
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blkmusclmachine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:42 PM
Response to Original message
43. Channeling Reagan again, I see.
No RW talking point he won't use. This guy's a Democrat?!
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:44 PM
Response to Original message
44. If any Dem senator is listening...PRIMARY THISTWIT!!!
Or any Dem governor, any dem congressman...ANYONE!!!
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gkhouston Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:46 PM
Response to Original message
46. Screw "bipartisan deals". We need to look for solutions which
actually work.
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hifiguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:56 PM
Response to Original message
48. Bullshit
Governments are the only entities that can control the amount of money that comes in to them. It can choose to levy whatever taxes are necessary to have the proper amount of "means." What it takes is not being in the pockets of the plutocrats and some guts. The POTUS fails on both elements.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 06:59 PM
Response to Original message
49. I always wonder when the government promises to make itself do stuff,
Edited on Sat Jul-09-11 07:00 PM by bemildred
how it expects to make itself make itself?
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Blue_In_AK Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 07:01 PM
Response to Original message
51. I feel like a Charlie Brown cartoon
with Obama as the parent -- "blah blah blah blah blah."
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kath Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-11 07:17 PM
Response to Original message
52. Just when I think he can't get any more assholish. He just keeps getting worse and worse and worse.
:puke: :puke: :puke:
:grr:
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