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Open Forum: Debt responsibility

Posted: May 4, 2012 - 8:15pm

“The fact that we are here today to debate raising America ‘s debt limit is a sign of leadership failure. It is a sign that the U.S. government cannot 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. Increasing America ‘s debt weakens us domestically and internationally.

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 problem and a failure of leadership. “Americans deserve better.,” according to then Senator Barack H. Obama, in March 2006.

Barack Hussein Obama is guilty of many whoppers, but this may be the biggest. He must think that we are stupid and that no one will remember what past statements he has made. He made this quote in 2006 and it sounds just like the leadership failure we are experiencing with him as our leader.

A great American president coined the phrase “THE BUCK STOPS HERE,” said Harry S. Truman. He knew the responsibility vested in him and acted accordingly. He knew that he was at the end of the line and took the blame, as well as the glory, for what his administration did or did not do.

Barack seeks the limelight (i.e. Osama bin Laden’s demise at the hands of our valiant Navy SEALS), but still tries to blame everything else on the loyal opposition, and in particular, George W Bush.

The economy is his, he bought it when he was inaugurated. We were in a recession when he came in, but he had 3-½ years to turn it around and he has failed miserably. His policies have not worked and the natives are restless.

Pat Williams

Aitkin

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rolflindy
5850
Points
rolflindy 05/05/12 - 05:18 am
7
8

Hussein saves jobs

On March 30, 2009, President Obama laid out a framework for General Motors to achieve viability that required the Company to rework its business plan and accelerate its operational restructuring. General Motors developed such a plan. The Company also secured commitments of meaningful sacrifice from all of its major stakeholder groups, sacrifices sufficient for this plan to proceed forward. As a result, President Obama deemed GM's plan viable and made available about $30bn of federal assistance to support GM's restructuring plan. GM is paying it all back and employs more than 300,000 today as the world's leading auto company.
Then there was Romney who wanted to let GM go bankrupt, and made his own fortune acquiring companies and trimming payrolls.
Then there was the prior President who handed Obama a trillion dollar tax cut while he started a multi-trillion$ Iraq War. Luckily, the natives aren't that restless or stupid. A new Washington Post poll shows Obama with a 7 point lead in Virginia of all places. It's double that in MN.

dvranish
739
Points
dvranish 05/05/12 - 05:59 am
8
6

Hussein

rolflindy!
Right! Hussein really did a number on us. Yes the natives are that stupid. That is why it is the song that doesn't end. I wish you would have been a bond holder in the GM fiasco, then you would have experienced Hussein stealing YOUR money for the unions that caused GM's problems in the first place.

OldFarmBoy
36048
Points
OldFarmBoy 05/05/12 - 06:05 am
5
7

Oh Rolf,Rolf,Rolf

Just trying to make him superman ehh?? I say stick a wind mill in the rose garden!! That way you will have something to remember a one termer by like your buddy Carter & solar panels.

I_disagree_with_dems
4653
Points
I_disagree_with_dems 05/05/12 - 09:35 am
6
6

saved jobs eh?

considering we have the lowest percentage of people working in this country than ever before, I would say he saved jobs. Unreal.

Touting one thing that he did that several genius economists said he shouldnt do.

Live in the present and and see what you have, oh thats right a record percentage of people no longer in the work force because he hasnt done anything substantial for job creation and those that he did add, such as green jobs, are already gone because of bankruptcies.

Then again, the after effect of Solyndra will add more jobs because of the hazardous waste clean-up that is needed lmao!

rolflindy
5850
Points
rolflindy 05/05/12 - 10:43 am
7
5

Pubbies wake up

I knew my comment would rouse the dreaming Tea Party. So far all I hear are general attacks on Obama, and no substantive ideas which would create jobs. We haven't had good job creation since the Clinton presidency.
Dream on, boys. But even with a weak economy Obama has the early lead.

rolflindy
5850
Points
rolflindy 05/05/12 - 10:54 am
5
5

Idea for the Tea Party

It must be frustrating, knowing that your vote for Romney won't mean anything, as Obama is essentially a lock to take MN's 10 EVs. You could move to Mississippi or Alabama where your vote would be with the majority. And you would be near the Redneck Riviera with its great beaches, with sand as white as its politics.

I_disagree_with_dems
4653
Points
I_disagree_with_dems 05/05/12 - 11:02 am
4
3

I remember crapola hit the fan after the dems took control

I think 2001-2006 were good years, 2007 not so much and it spiraled from there. You call it Bush's recession, but it was just as much Clinton as Bush. It was Clinton that opened banks. I believe when the democraps took over the house and senate everything went to the septic tank.

There have been all kinds of great ideas that the senate wont pass, you know the same senate that hasnt had a budget in over a 1000 days. How can we trust a senate when they have an open check book and can do what they want?

If the democrats had such great ideas, then why within the first 2 years of Obummer were we not saved from "bush's resession?" They had complete control of both houses and the presidency. If they were the cure-all we should have been cured right?

Sorry, but Reagan fixed Carters worthless presidency in just a few years. This clown is out of excuses and time.

mission
306
Points
mission 05/05/12 - 11:17 am
4
3

Unemployment Statistics

'I_disagree_with_dems' claims that:
"we have the lowest percentage of people working in this country than ever before"
--------------------------------
Which (as usual for "Disagree") is false.

"Nonfarm payroll employment rose by 115,000 in April
April's job gains followed a gain of 154,000 in March and gains averaging 252,000 per month for December to February."
[SOURCE: U.S. Bureau of Labor Statistics]
__________________
__________________
And if you're looking for "lowest percentage of people working", take a peek at the unemployment rates in the 30's:
1930 8.7%
1931 15.9%
1932 23.6%
1933 24.9%
1934 21.7%
1935 20.1%
1936 16.9%
1937 14.3%
1938 19.0%
1939 17.2%

SOURCE: http://wiki.answers.com/Q/What_was_the_unemployment_rate_in_the_1930's#ixzz1u0aMy9wx

tripwire3
4768
Points
tripwire3 05/05/12 - 11:21 am
5
1

OK, Rolf

We'll give credit where credit is due. The great one had the cahones to send in soldiers to take out OBL at the risk of their own lives. And, as we are reminded (by the great one himself), no one else would have done it.

(Full disclosure. I have never been to a tea party rally.)

Oh, and Rolf. Do you believe every poll you read? I doubt it because you're a scientist and much smarter than that.

tripwire3
4768
Points
tripwire3 05/05/12 - 11:22 am
2
2

Mission

What are you yammering about again?

Fair n Balanced
40535
Points
Fair n Balanced 05/05/12 - 11:40 am
2
5

mission

it's that high today but Obummer twists the numbers and doesn't count about 60% of the unemployed. I'm sure he quit counting you before he was elected!

mission
306
Points
mission 05/05/12 - 11:46 am
5
2

Fairy Tale Logic

'I_disagree_with_dems' informs the lesser mortals that "2001-2006 were good years, 2007 not so much and it spiraled from there. You call it Bush's recession, but it was just as much Clinton as Bush."

So...your theory is that President Clinton was responsible for a recession that began 6 years after he left office?

Yeah, that makes sense...if you believe in fairy tales.

Fair n Balanced
40535
Points
Fair n Balanced 05/05/12 - 12:41 pm
3
5

How about

your messiah and his czars twisting the unemployment numbers to exclude many millions of them from his propaganda tour?

muehlbau
19238
Points
muehlbau 05/05/12 - 12:57 pm
4
3

The number of people not in

The number of people not in the workforce is not the same as the unemployment rate.

The unemployment rate would not, for example, include people receiving Social Security disability, which has skyrocketed during Obama's administration:

http://news.investors.com/article/608418/201204200802/ssdi-disability-ro...

Yay, team Obama!

rolflindy
5850
Points
rolflindy 05/05/12 - 01:41 pm
5
4

trip

The Obama ad doesn't say no one else would have gone after OBL. It just quotes Romney saying he wouldn't have. The Romney quote that will really help Obama is the one about letting GM go bankrupt. The government is not only getting the taxpayers money back from the GM bailoiut, but will make a big profit on its stock position.
As to polls, it's early days, and they aren't worth much. Given the poor employment situation, Obama's position is surprising.

ProudRINO
3013
Points
ProudRINO 05/05/12 - 02:24 pm
3
2

national debt by president

I never understand why people don't investigate actual facts a bit before posting a highly partisan position.

The facts clearly show that in recent decades Clinton's years were far better than Reagan's or both the Bushes.

It's pretty simple. Republicans didn't put a stop to the growth in government (a claim they continue to insist they are the only party that can fix) and Republicans continue to insist on tax cut after tax cut that is not paid for with other declines in the budget.

"Trickle down" quite obviously has NOT worked. The best way to look at this is to compare debt growth as a % of GDP.

Here's a good chart showing that:

http://zfacts.com/sites/all/files/image/debt/US-national-debt-GDP.png

Lifelongresident
3832
Points
Lifelongresident 05/05/12 - 02:44 pm
5
0

Why not check...

with the Bureau of Labor Statistics and compare the payroll tax numbers for the last several years. That has always been in the past a quick way of comparing the number of people employed. If the numbers are down (factor in the payroll tax cut that's in effect) then the unemployment figures are not accurate.

I_disagree_with_dems
4653
Points
I_disagree_with_dems 05/05/12 - 07:18 pm
3
5

yes he had part of it, so did bush

I am not a Bush fan, never was, but where you liberals always go astray is you think your side is never at fault.

Fact of the matter is both political parties effed each and every one of us.

Obama lies about oil, Obama lies about jobs, Obama lies about the unemployment rate.

Fact of the matter is politicians lie and sheep believe those lies by the wolf.

Lifelong has it right, check it out, link below, the real story of our unemployment rate, if you dont want to check I will tell you that April 2012 is the lowest labor force participation in the last 10 years and 3 months at 63.6%. It has been steadily dropping during the entire "recovery." But how can that be, I thought the unemployment rate was dropping? How can the labor force be shrinking in size while the unemployment rate lowers? More lies beleived by the sheep.

http://data.bls.gov/timeseries/LNS11300000

pdnet15
15785
Points
pdnet15 05/05/12 - 08:43 pm
2
6

Here is your debt resposibility!!!

A Republican and a Democrat were walking down the street when they came to a homeless person. The Republican gave the homeless person his business card and told him to come to his business for a job. He then took twenty dollars out of his pocket and gave it to the homeless person.

The Democrat was very impressed, and when they came to another homeless person, he decided to help. He walked over to the homeless person and gave him directions to the welfare office. He then reached into the Republican’s pocket and got out twenty dollars. He kept $15 for administrative fees and gave the homeless person five.

Now you understand the difference between Republicans & Democrats

OldFarmBoy
36048
Points
OldFarmBoy 05/05/12 - 08:55 pm
2
5

Boy Rolf

Your 10:54 post has me thinking that I would rather have a new nuke plant on the north side of crooked lake instead of little perch now. Wind does blow fall out to the east right?
E side of Bay Lake.

P.S Does your wife have a geiger counter for your brain? When it comes to politics Me thinks you been exposed waaaay to long!!!

fishhead
5344
Points
fishhead 05/06/12 - 08:49 am
3
2

It all comes down to the

It all comes down to the corrupt way we finance elections and the corrupting influence it has on legislation.

Fix that and you seriously cut government waste and reduce the debt.

Lifelongresident
3832
Points
Lifelongresident 05/06/12 - 01:54 pm
2
2

To late for that Fish!

We are way beyond cutting government waste and reducing the debt. Why, because we have finally managed to get 51% of the population something for nothing!! From here on in the person that will get elected will be the one that promises the most free stuff.

"My fellow Americans, ask not what your country can do for you, ask what you can do for your country."

John F. Kennedy

One of the most famous quotes in American history now has turned into a Country with their hands out for whatever government will throw them, so much for the "Great Society".

JamesBond
5347
Points
JamesBond 05/06/12 - 02:27 pm
3
3

Too late for that Fish! (Response)

I am tired of conservatives who say that 51% of the population pays nothing. That is not true. You are only referring to Income taxes and that is because those people have been losing out for the past 30+ years with stagnating and declining wages. And we choose to tax wages at a higher rate than dividends and unearned income, just ask Mr. Romney.

What you fail to understand is that those people are paying other taxes, i.e. payroll taxes, sales taxes, property taxes, state and local taxes and fees.

And by "free stuff" do you mean things like Food Stamps? Do you also mean WIC? What other "free stuff" bothers you? So I guess you think people's lives were better before the New Deal and the Great Society? I suggest you read a few history books and read about people's everyday lives back in those "good 'ole days".

rolflindy
5850
Points
rolflindy 05/06/12 - 06:43 pm
2
1

Farm Boy

You get more radiation from eating a banana than from living a month next to a nuclear plant.

DiscipleofSin
5208
Points
DiscipleofSin 05/07/12 - 09:08 am
0
0

I knew those damned bananas

I knew those damned bananas were out to get me ....

The moral of the story is we can not afford to continue expanding the government. Even if we raise taxes on everyone we won't even begin to get out of debt.

We have to cut spending across the board!

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