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WRAPUP 10- Obama (Crybaby), Republicans clash in debt talks, dollar sinks
reuters ^ | 7/13/2011 | Jeff Mason and Andy Sullivan

Posted on 07/13/2011 7:18:37 PM PDT by tobyhill

U.S. President Barack Obama clashed with Republican lawmakers on Wednesday in a fierce White House meeting on deficit reduction that left a deal in question as the clock ticked toward a debt default.

"Enough's enough," Obama said, according to a Democratic official familiar with the talks.

The meeting came as Moody's Investors Service jolted Washington with a stark warning that the United States may lose its top credit rating in the coming weeks if the $14.3 trillion limit on America's borrowing was not raised.

The warning sent the U.S. dollar tumbling against most major currencies. Stock futures and debt prices also fell.

Eric Cantor, the No. 2 Republican leader in the House of Representatives, said the talks on Wednesday became so acrimonious that Obama walked out, but a Democratic aide called Cantor's account "overblown."

"He said he had sat here long enough. No other president, Ronald Reagan wouldn't sit here like this," Cantor told reporters.

(Excerpt) Read more at reuters.com ...


TOPICS: Extended News; News/Current Events
KEYWORDS: cantor; debtceiling; debtdealbluff; debtlimit; obama; walkout

1 posted on 07/13/2011 7:18:41 PM PDT by tobyhill
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To: tobyhill

BHO walks out of talks; Carney says to be nicer to him. I’m in Wonderland.


2 posted on 07/13/2011 7:20:11 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: tobyhill

Ronald Reagan would not loose control of economic policy.


3 posted on 07/13/2011 7:24:03 PM PDT by Raycpa
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To: tobyhill
"Enough's enough," Obama said, according to a Democratic official familiar with the talks.

Ohhhhh boy...Urkel's REALLY mad now.

What a sad, pathetic joke.

4 posted on 07/13/2011 7:24:52 PM PDT by floozy22
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To: tobyhill

petulant children usually stomp their feet and walk away disgruntled when their demands are not met by the grown-ups....


5 posted on 07/13/2011 7:26:27 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: Raycpa

To be fair, the national debt was not one of Reagan’s strong points. It went up under him more than any other President % wise. It tripled during his eight years.


6 posted on 07/13/2011 7:27:14 PM PDT by jeltz25
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To: floozy22
I guess Obama forgot how he jammed Obamacare down the Republicans throat with a “my way or the highway” approach.
7 posted on 07/13/2011 7:27:59 PM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: jeltz25

And then the “Peace dividend” kicked in and spending really took off.


8 posted on 07/13/2011 7:28:50 PM PDT by unkus (Silence Is Consent)
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To: tobyhill

FUBO!!!

Wicked bastard.


9 posted on 07/13/2011 7:29:27 PM PDT by unkus (Silence Is Consent)
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To: jeltz25

To be fair, Ronald Reagan had vision and a plan that the American people bought into. Neither Obama or the GOP can inspire the nation.


10 posted on 07/13/2011 7:30:18 PM PDT by Raycpa
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To: tobyhill

Walk out and stay out Marxist garbage pail!


11 posted on 07/13/2011 7:31:00 PM PDT by NYCslicker
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To: tobyhill

“No other president, Ronald Reagan wouldn’t sit here like this”

Barry, we knew Ronald Reagan.

You are no Ronald Reagan.


12 posted on 07/13/2011 7:32:44 PM PDT by NYCslicker
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To: tobyhill
“I guess Obama forgot how he jammed Obamacare down the Republicans throat with a “my way or the highway” approach.”

Screw that Kenyon Punk! Maybe he will choke to death on a gob of prime rib, Good riddance! We would only be stuck with Biden, Who Is just an idiot!

13 posted on 07/13/2011 7:36:18 PM PDT by mongo141
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To: tobyhill

The walkout by Zero is just more show, as if anyone really cares. Bernanke, per the article, stated that the bond holders would be paid and then Social Security and other programs would be hit. First of all, Bernanke has nothing to do with the Treasury and it’s payment priorities. Bernanke is worried that he and his fellow thieves over at Goldman Sachs might not get their cut.


14 posted on 07/13/2011 7:37:19 PM PDT by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: tobyhill
" ... said the talks on Wednesday became so acrimonious that Obama walked out,... "

It's about eff'n time talks got so acrimonious that the SOB walked out. Why have people been patting little Barry on his cute little butt and pampering him this long? Just look at what this fascist bastard has done to our children and grandchildren, but it's only when someone is afraid folks on Social Security are going to be ticked off that anyone clearly reams the guy out enough for him to leave? I expected some of the young guns to be out in public pissing Barry off every day, not just now and again when the prissy little faggot is playing big deal at a meeting.

He's a loudmouth punk who has been pampered and catered to all his life. Confront him the same way a few more times and he'll have an insane temper tantrum on national television for everyone to see.

15 posted on 07/13/2011 7:37:29 PM PDT by Rashputin (Obama is insane but kept medicated and on golf courses to hide it)
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To: tobyhill
Cantor should just tell him, “We Won”. Barry would be the first person to achieve Earth orbit without a rocket.
16 posted on 07/13/2011 7:38:27 PM PDT by JPG (Palin '12)
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To: tobyhill

Cantor took away his balloon and Owhiny went into a snit. Now permanently take away his credit card so we can see him hold his breath til he passes out.


17 posted on 07/13/2011 7:38:49 PM PDT by mardi59 (T)
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To: mongo141

moochelle chows down, while she is telling school kids they can only have 1 cup of carbs per week

http://election2012obama.com/hypocrite-michelle-obama-gorges-herself-again-at-shake-shack-massive-1700-calories-feast/


18 posted on 07/13/2011 7:39:39 PM PDT by GailA (NO DEMOCRATS, NO RINOS in 2012!)
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To: jeltz25
It went up under him more than any other President % wise. It tripled during his eight years.

In Reagan's case at least we got something for the cost.

The downfall of the Soviet Union.

Now all we are getting is a black hole and nothing to show for it.

19 posted on 07/13/2011 7:41:45 PM PDT by EGPWS (Trust in God, question everyone else)
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To: tobyhill

Obama just needs to explain to them that:
1) He won the election,
2) He has a Nobel Peace Prize, and
3) He promised the American people he would cut the deficit in half

Once he does these things, he will have no trouble bending the Republicans to his will. Well, Lindsay Graham anyway.


20 posted on 07/13/2011 7:41:59 PM PDT by rbg81
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To: Rashputin
"prissy little faggot "

Classic. That will leave a mark.

21 posted on 07/13/2011 7:50:37 PM PDT by matthew fuller (Forget impeachment- Extradite obama, biden, napolitano, muller, clinton and holder. Country saved!)
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To: God luvs America

He sounds like an ineffective parent, and I bet he’s used the “Don’t call my bluff” line on Malia and Sasha a time or two.


22 posted on 07/13/2011 7:53:34 PM PDT by jwalburg (I live in the 57th state.)
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To: God luvs America

He sounds like an ineffective parent, and I bet he’s used the “Don’t call my bluff” line on Malia and Sasha a time or two.


23 posted on 07/13/2011 7:53:39 PM PDT by jwalburg (I live in the 57th state.)
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To: jeltz25
To be fair if the democrats had approved the budget that Reagan wanted
24 posted on 07/13/2011 7:53:52 PM PDT by TBall
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To: tobyhill

This is just the tip of the iceberg. BO is on the verge of a nervous breakdown.


25 posted on 07/13/2011 8:01:51 PM PDT by Malesherbes (- Sauve qui peut)
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To: jwalburg
"He sounds like an ineffective parent, and I bet he’s used the “Don’t call my bluff” line on Malia and Sasha a time or two."

That may be true, but at least he's keeping the family together so his kids aren't just living with Michelle and therefore have no feminine role model.

26 posted on 07/13/2011 8:03:34 PM PDT by Rashputin (Obama is insane but kept medicated and on golf courses to hide it)
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To: jeltz25

actually Reagan gave the dems their spending in exchange for funds to fight the cold war. Reagan saw the Russians as a clear and present danger. Much more so than heavy debt. The dems did not see the Russians as the threat Reagan saw them as.


27 posted on 07/13/2011 8:07:57 PM PDT by hillarys cankles
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To: tobyhill
He usually inconvieneces people by showing up late and leaving early.

He's a dick.

28 posted on 07/13/2011 8:10:42 PM PDT by Mr. Peabody
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To: NYCslicker

You took the words right out of my mouth! Every time I hear this man compare himself to the Great Communicator I just want to hurl. Cantor should have made that retort. It would have gone viral on youtube.


29 posted on 07/13/2011 8:17:06 PM PDT by JLLH
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To: All

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30 posted on 07/13/2011 8:21:16 PM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
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To: jeltz25
'Nuther public school graduate with half the story...
31 posted on 07/13/2011 8:23:40 PM PDT by hinckley buzzard
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To: All; jeltz25
The debt accrued in his time was nothing compared to today's circumstance. He wanted a balanced budget amendment and had to settle for Gramm-Rudman-Hollings as a means of controlling spending. Unfortunately the courts ruled the cuts formulas unconstitutional but sequestration actually worked for a time.

Don't pretend he wasn't concerned about debt.

We've had 20 years to reverse the trend and only accelerated. The debt is so far out of scale and scope now as to beyond comprehension. In the 80s we won the Cold War and got America back on its feet. What have we gotten for the debt piled up since? Nothing.

STOP FEEDING THE MORAL EQUIVALENCE LIE!

32 posted on 07/13/2011 9:48:03 PM PDT by newzjunkey
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