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President Obama… Is That a Spine?

02 Jul

Increasingly frustrated with Republican obstructionism, President Obama is finally doing something he should have been doing all along…

Getting out that rhetorical 2 x 4.

President Obama lashes out at Republicans: Raise taxes for the rich, don’t cut services for middle class

President Obama ratcheted up rhetoric in the heated deficit talks Saturday, challenging Republicans to support students and seniors rather than the rich.

Obama acknowledged that tough choices would be required as the budget deadline approached – and drew a stark contrast between the alleged priorities of the two parties.

“Now, it would be nice if we could keep every tax break, but we can’t afford them,” said Obama in his weekly radio address. “Because if we choose to keep those tax breaks for millionaires and billionaires, or for hedge fund managers and corporate jet owners, or for oil and gas companies pulling in huge profits without our help – then we’ll have to make even deeper cuts somewhere else.”

Obama echoed his frustrated remarks from his press conference last week, saying that sacrifices would be forced onto the backs of the less-fortunate if the Republicans would not consider taxes on the wealthy.

“We’ve got to say to a student, ‘You don’t get a college scholarship,'” he said. “We have to say to a medical researcher, ‘You can’t do that cancer research.’ We might have to tell seniors, ‘You have to pay more for Medicare.'”

“That isn’t right and it isn’t smart,” Obama said.

The President praised the first round of bipartisan deficit talks – led by Vice President Biden – that identified $1 trillion in possible cuts.

But negotiations stalled last week after Republicans refused to consider any tax increases. The Senate cancelled a planned recess next week to keep budget talks alive.

Federal officials said that he nation will reach its debt ceiling in early August and would no longer be able to borrow money to keep the government working. White House officials have said a preliminary deal must be reached by July 22 to guarantee there would not be a shutdown.

I don’t believe you wanna get up and dance…

 
13 Comments

Posted by on July 2, 2011 in Domestic terrorism

 

Tags: , , , , , , ,

13 responses to “President Obama… Is That a Spine?

  1. brotherbrown

    July 3, 2011 at 9:07 AM

    ‘Bout damn time. That’s the man I thought I elected.

    And, of course, a black man scolding is hard on whites with 18th century sensibilities. Halperin could not contain his desire to discuss a certain part of the male anatomy.

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  2. nanakwame

    July 3, 2011 at 1:03 PM

    That is what little punks do in all hurting teams, they can’t beat him up

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  3. t-shirts101

    July 3, 2011 at 8:59 PM

    I’m in wait and see mode. I like what Pres. Obama had to say, but I’m more concerned with what happens next. I know he’s smart, and I’m sure the man has a plan… but all this compromise and appeasement has gotta end soon. It should of ended long before now.

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  4. Constructive Feedback

    July 6, 2011 at 4:55 PM

    Mr BT:

    In the debate on revenue increase – why is the common refrain of progressives in the USA, Greece, the UK and New York City is TAX THE RICH?

    Why don’t progressives talk more about the ORGANIC GDP INCREASE that has taken place as they have taken over certain “Mission Accomplished” areas with the promises of such increase. Yet when push comes to shove “social justice” doesn’t lament “We failed to achieve the increase in our schools and our economic policies therefore we need to live within our means.”.

    Instead it says ‘Lets find those bastards and turn them upside down from their ankles until all of their coinage falls to the ground. We can’t knock them out because we need the PIN to their ATM”

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    • btx3

      July 6, 2011 at 6:43 PM

      What are you talking about Strawmandingo? The two countries with the biggest GDP increase are India and China…

      One of those is a communist country, clown.

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  5. t-shirts101

    July 7, 2011 at 7:38 AM

    Obama proposes cuts to Social Security
    http://www.cbsnews.com/8301-503544_162-20077452-503544.html

    WTF?!?!?!?

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    • btx3

      July 7, 2011 at 12:19 PM

      It’s called raising the “threat level”. He’s allowing the Rethugs to be the front men on cutting entitlement spending.

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      • t-shirts101

        July 8, 2011 at 7:23 AM

        I here you.

        It just seems to me the President is offerring these things up without a fight. He can’t – and shouldn’t – look for reason amongst crazy people.

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      • btx3

        July 8, 2011 at 11:50 AM

        I am hoping his strategy is to paint the Rethugs into a corner. I like the 14th Amendment approach. The Debt ceiling will be broken by interest payments on existing debt, and already Congressionally approved spending. While the President cannot Legislate additional spending, I’m not sure of the mechanism that pays the debt being classified as “spending” – since it doesn’t involve new legislation. What (in my decidedly amateur view) I think happens is that the Treasury has to shift the payments going out – to those solely servicing the existing debt. That means in effect – a complete Government shutdown, as nothing could be paid (any new expense) other than the interest on the bonds.

        Looks like there is a split among Constitutional Scholars – which is getting really interesting.

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  6. t-shirts101

    July 12, 2011 at 7:34 AM

    btx3, on July 8, 2011 at 11:50 AM said:
    “I am hoping his strategy is to paint the Rethugs into a corner…”

    I think you called this one.

    Obama wanted to agree to a 4 trillion debt reduction, came up with 3 himself and wanted the Rupublicans to come up with the last trillion – only to backout and request a deal closer to what Biden proposed…. these are fakers, but Obama does seem to be embarrassing them – for those that are paying attention.

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  7. t-shirts101

    July 13, 2011 at 10:49 AM

    I agree. Unfortunately, they will wait until the last minute before doing so.

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