" I'm LeBron, baby. I can play on this level. I got some game."
~Barack Obama
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Posted on 07/23/2011 12:37:53 PM PDT by PROCON
(CNSNews.com) – At a hastily convened news conference Friday evening, President Obama offered his explanation of why debt negotiations with House Speaker John Boehner fizzled, and he once again raised the specter of entitlement checks not going out if the debt ceiling isn’t raised soon.
“Well, when it comes to all the checks, not just Social Security -- veterans, people with disabilities -- about 70 million checks are sent out each month -- if we default then we’re going to have to make adjustments. And I’m already consulting with (Treasury) Secretary (Tim) Geithner in terms of what the consequences would be,” Obama said.
“We should not even be in that kind of scenario. And if Congress -- and in particular, the House Republicans -- are not willing to make sure that we avoid default, then I think it’s fair to say that they would have to take responsibility for whatever problems arise in those payments.”
In the next breath, Obama said he’s “not interested in finger-pointing and I’m not interested in blame, but I just want the facts to speak for themselves.”
Obama said he’s getting letters from people who tell him they have to skip meals at the end of each month, as well as from senior citizens on Social Security “who are hanging on by a thread. Folks who have severe disabilities who are desperate every single month to try to figure out how they’re going to make ends meet.” He also mentioned federal contractors “who have to wonder are they going to be able to get paid and what does that do in terms of their payrolls."
Obama said a “huge” number of people would be affected by a government default: “(I)magine what that does to the economy, when suddenly 70 million checks are put at risk. I mean, if you’re a business out there, that is not going to be good for economic growth. And that’s the number one concern of the American people.”
'Working stiffs'
Like House Speaker John Boehner, President Obama said raising the debt limit “is not an option,” it has to be done.
Obama insisted that the only “fair” solution is one that includes tax hikes on wealthy Americans, including many small business owners who create jobs. "That’s all the American people are looking for -- some fairness,” he said.
Obama indicated that he and Boehner were not that far apart when it comes to deficit reduction. The difference was, he said, that the White House plan “didn’t put all the burden on people who are least able to protect themselves, who don’t have lobbyists in this town, who don’t have lawyers working on the tax code for them -- working stiffs out there, ordinary folks who are struggling every day.
“And they know they’re getting a raw deal, and they’re mad at everybody about it. They’re mad at Democrats and they’re mad at Republicans, because they know somehow, no matter how hard they work, they don’t seem to be able to keep up. And what they’re looking for is somebody who’s willing to look out for them.”
Obama said Americans “are just desperate for folks who are willing to put aside politics just for a minute and try to get some stuff done.”
Republicans have complained for months that Obama has advanced no clear deficit reduction plan, not has he been willing to say where he would cut spending. His goal, they say, is to raise taxes.
" I'm LeBron, baby. I can play on this level. I got some game."
~Barack Obama
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Obama is trainig America to the new tune” Obama giveth, and Obama taketh away!”
Worship Obama!/s
Obama is on short time now.
He's no longer perceived as the poor little black boy who grew up in slavery and busted through the ranks to make something of himself as the first black POTUS.
People are P!SSED and he knows it!
Please, let’s at least get it correct: barry bass turd is a lying, demagoguing, asshole. Don’t skimp ...
All recent polling indicates like this thing is going to backfire, on Obummer, like pi$$ing into the wind, as long as the RHINO’s don’t come along with a sop rag to clean it up.
Default has been the RAT plan for two months or more.
IF they could have gotten $3 trillion in new taxes, or IF they could have gotten Congress to abdicate in favor of Obama, then we wouldn’t default.
But those were longshots. Default, and especially holding the SS checks, has been the enemy’s main axis of attack since May.
He wants his way and he wants it now. And he thinks he’ll galvanize seniors into berating the Republicans into giving him his way.
I have faith, despite the polls, that seniors and reasonable Americans will see through that and realize he did not HAVE TO delay those checks.
This could backfire on him tremendously, and destroy his presidency.
Dude (Zer0), we need a transparent webcam in on your bogus “negotiations”.
>>In addition to being the worst president ever, he sure is an a**hole..<<
And we have not seen anything yet. Wait’ll the end of summer. And winter. And next spring as all of this unravels and shoes continue to drop.
It is gonna get VERY ugly. I actually just read a post from a liberal that said that if Americans would riot like the people in Greece are we would get action. I think it will happen, but I don’t think he’s gonna get the action he expects. The poster needs to remember the Korean shop owners in Watts.
From approximately ten years ago: Fred articles on race relations and potential future civil war:
http://www.fredoneverything.net/Blowup.shtml
http://www.fredoneverything.net/Stability.shtml
http://www.fredoneverything.net/Underclass.shtml
http://www.fredoneverything.net/Opportunity.shtml
http://www.fredoneverything.net/Assimilation.shtml
Since when is Social Security an "entitlement"?
I PAID into Social Security during my entire working career, and my employers also PAID into my Social Security account for that same period.
In other words, my SS account is my investment account supposedly "managed" by the US Government, and money now being paid to me from my investment account is - most definitely - not an entitlement.
If payments are stopped, Barack Obama should be tried and impeached for theft from seniors.
Zer0 DID submit a budget. It was for an increase in spending. You can read it at the White Hut Website.
Empty threats... empty promises.... empty suit.
Yes massa Obama we know its Bush’s fault. Now I really want to see his college grades...bet they are lower than Kerry and Teddy.
I wish someone would ask him if his own check and the checks to his staff and the csars and their staffs and congress. And ask also which would HE be putting first? Would he deny the Vets and SS while still cutting checks to the many csars and their staffs, his cabinet, etc.?
Just noted Rasmussen’s poll results for today and Dear Leader is at -19, a substantial drop from yesterday, as I recall. I don’t know how to do a post, but figure you do and it might be a lift to some to hear news that this imposter’s ratings are headed in the right direction.
Still no mention of WELFARE CHECKS not going out, I see.
He’s a two-year old.
Shoot grandma.... Blame the tea party... Obama's grand plan.
Hey, 0bama. Just back the semis up to the loading gate at Ft Knox. I will take what I have contributed to SS over the years in gold bars and we can call it even.
Won’t someone, ANYONE on the G.O.P. side, call a press conference to declare in no uncertain terms that the President is a lying piece of SHT?
PRETTY PLEASE??!!
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