Posted on 06/29/2011 9:21:09 AM PDT by Libloather
Obama dives into debt talks
By Stephen Collinson | AFP Mon, Jun 27, 2011
The White House accused Republicans of siding with billionaires and private jet owners, as President Barack Obama waded into political talks designed to avert a "calamitous" US debt default.
Obama met the top Democrat in the Senate and his minority Republican counterpart, seeking to unpick a deadlock over his call on lawmakers to lift the $14.29 trillion debt ceiling by an August 2 deadline.
As political tensions rose, the White House warned of "calamitous" consequences to the global economy if the talks do not seal an agreement and Washington is forced into default and runs out of money to pay its bills.
"It's very important that we don't play chicken here, that we don't test the markets," White House spokesman Jay Carney said.
But Republicans, who quit talks with the White House last week accusing Obama of pushing tax hikes, again demanded big spending cuts in return for agreeing to lift the debt limit.
In the United States, Congress has to agree to lifting the cap on government borrowing, and has done so repeatedly in recent years at the urging of successive Democratic and Republican presidents.
But this time, congressional Republicans elected in a backlash against government, and on a platform of sweeping spending cuts in last November's mid-term polls, are demanding big concessions from the White House.
(Excerpt) Read more at news.yahoo.com ...
Things is diffint wit D'Man in charge.
dear obama
you don’t inspire confidence
xcuse me mr. p, but aren’t you a public jet owner? And isn’t your wife the beneficiary of the public jet, as well? The only difference is most private jet owners use it to enhance productivity...you? not so much.
I have a teeshirt that says, “SO far, he sucks.” and the O is zero’s personal brand symbol.
He wants to nationalize the airline industry. Plain and simple as that. Lord, how I loathe this man!
He wants to nationalize the airline industry. Plain and simple as that. Lord, how I loathe this man!
:: seeking to unpick a deadlock ::
And to think, his editor let this one by...
“calamitous” US debt default
the sorry excuse for a president much less a half black man, needs to get off the calamitous harangue and join the effort to save what’s left of the country he so deliciously desires to destroy.
...and I thought Clinton was dangerous.
Is Obama diving into the budget talks before or after he returns from the Vinyahhhd?
Obama = Public Jets paid for by the Businessman and his Employees through Taxation. (Involuntary Servitude)
Then let it fall as far as I'm concerned. I frankly don't give a rats butt about the "global economy" as it's all about the elites/politicians and others... and the power they are trying desperately to hold onto. The guy on the street knows how to survive...he's had years of experience.
The elites ,however, are scared crapless they will loose their lifestyles and the revenue machine from the poplulace they feed from... and of which few can do without.
This has nothing to do whatsoever of or for the people.
'Twas the first thing I thought of when I heard him say this.
The second was "What an arrogant POS". "I'm not saying you can't fly, I'm just sayin' you need to pay a little more." Arrogant bastard.
Obama skips debt commission meeting
CNN ^ | Dec. 9, 2010 | Ed Henry
http://www.freerepublic.com/focus/f-news/2640249/posts
I guess it’s urgent now.
Wow, did he step in it there.
Every one of those private jet owners will be buying ads to profile all of Moochelle’s travels.
“The White House accused Republicans of siding with billionaires and private jet owners,”
Geez, can they get any more transparent in their wealth re-distribution wet dreams? The reality is that they actually have no desire to redistribute wealth, instead they are wanting to increase income tax. They prefer to tax productivity and not touch wealth. If they really wanted to tax wealth, they would go after their buddies’ trust funds and Soros’ billions.
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