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President: 'Every American will suffer' if debt deal not reached
The Hill ^

Posted on 07/22/2011 10:30:20 AM PDT by Sub-Driver

President: 'Every American will suffer' if debt deal not reached By Sam Youngman - 07/22/11 12:10 PM ET

President Obama took his public relations effort on the road Friday, keeping the pressure on Congress to raise the debt ceiling and devise a grand bargain to deal with the national deficit, by telling a Maryland audience that "if we don't solve it, every American will suffer."

At a town-hall meeting at the University of Maryland, Obama again made his case for raising the debt ceiling, cutting almost $4 trillion in spending and raising taxes on the wealthiest Americans.

The president, who for the last few weeks has been in intense White House meetings with congressional leaders, said that despite the fighting in Washington, "we have never defaulted on our debt — we're not going to do it now."

"The United States of America doesn't run out without paying the tab," Obama said. "We pay our bills. We meet our obligations."

The president said that in the 2010 midterms, "Americans chose a divided government, but they didn't choose a dysfunctional government."

Obama said he has convinced the American people on taxes and spending, and that he has found a bipartisan group in the Senate, presumably the Gang of Six, that agrees.

"The only folks we have left to convince are some folks in the House of Representatives," Obama said. "We're going to keep working on that."

Addressing the issue of class warfare, Obama said he wants "everybody to be able to be a millionaire" and that his efforts for a balanced plan are "not about punishing wealth."

"This isn't some wild-eyed socialist position," Obama said. "This is the position being taken by people of both parties and no party."


TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: debtdeal; obamaspeech
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Uh.........we're already suffering Barry....
1 posted on 07/22/2011 10:30:22 AM PDT by Sub-Driver
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To: Sub-Driver

So tell your cohorts in the Senate to approve CCB, and sign it already!


2 posted on 07/22/2011 10:31:25 AM PDT by RockinRight (If we're "teabaggers" then they're "d-baggers.")
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To: Sub-Driver

I thought the exact same thing when I read the title.

Great minds...


3 posted on 07/22/2011 10:32:12 AM PDT by Ernie Kaputnik ((It's a mad, mad, mad world.))
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To: RockinRight

Is that a statement or a threat, Mr. President?


4 posted on 07/22/2011 10:32:12 AM PDT by cotton1706
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To: Sub-Driver
F King Obama. That lying piece of garbage.
5 posted on 07/22/2011 10:32:32 AM PDT by Logical me
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To: Sub-Driver
President: 'Every American will suffer' if debt deal not reached

And he will make sure of it.

ML/NJ

6 posted on 07/22/2011 10:32:32 AM PDT by ml/nj
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To: Sub-Driver
He seems to "negotiate" by saying "Give me what I want".
And if that doesn't work, he makes threats.
7 posted on 07/22/2011 10:32:57 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: RockinRight

Bam-Bam, your party claims that the Republicans are the party of “no”. Your party sir is the party of “no effin’ clue”. Where is their plan?


8 posted on 07/22/2011 10:33:39 AM PDT by LottieDah (If only those who speak so eloquently on behalf of animals would do so on behalf of the unborn.)
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To: ml/nj

My thought, exactly.


9 posted on 07/22/2011 10:34:17 AM PDT by liberalh8ter
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To: Sub-Driver
"This isn't some wild-eyed socialist position," Obama said.

At least he understands how most people view him these days!

ML/NJ

10 posted on 07/22/2011 10:35:00 AM PDT by ml/nj
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To: Sub-Driver
We are suffering but I doubt that there is one member of Congress or in the Obama administration/inner circle that are hurting.

Golf this weekend at Camp David or a family paid outing to an exclusive dude ranch in Montana?

11 posted on 07/22/2011 10:35:06 AM PDT by not2worry (A credible message needs a credible messenger because charisma without character is catastrophe.)
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To: Sub-Driver

12 posted on 07/22/2011 10:35:57 AM PDT by dragonblustar (I love Allen West!)
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To: Sub-Driver

Come on GOP, call his bluff.


13 posted on 07/22/2011 10:38:07 AM PDT by tobyhill (Real Spending Cuts Don't Require Increasing The Debt)
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To: Sub-Driver
Obama said he wants "everybody to be able to be a millionaire" and that his efforts for a balanced plan are "not about punishing wealth."...we are here to redistribute the wealth that's left when I get through with destroying the wealth."

That's more like it. Now Barry be a good little dictator and go play golf.

14 posted on 07/22/2011 10:38:26 AM PDT by BigFinn
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To: LottieDah

Obama,”The only thing we have to offer is fear itself.”

Obama wants everyone to be a millionaire but then he’d
STILL want to raise taxes!


15 posted on 07/22/2011 10:38:38 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Sub-Driver; RockinRight; Ernie Kaputnik; cotton1706; Logical me; ml/nj; ClearCase_guy; LottieDah; ..

Obama’s at a campaign fundraiser in Maryland today?

Why does he need a fundraiser?

Why doesn’t he just raise his campaign’s debt limit?


16 posted on 07/22/2011 10:40:32 AM PDT by sam_paine (X .................................)
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To: Sub-Driver; All

Well, Hussein, the House passed an increase in the debt limit. Maybe you ought to tell your cultists in the Senate to get their ass in gear and pass it.

By the way, Hussein, how did YOU vote on the debt ceiling increase when you were in the Senate?


17 posted on 07/22/2011 10:41:06 AM PDT by Recovering_Democrat
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To: Ernie Kaputnik
>President: 'Every American will suffer' if debt deal not reached

The ball is in your court, Barrack. It's up to you to stop playing games and decide if *you* want to put the country at risk.

18 posted on 07/22/2011 10:41:18 AM PDT by bobk333
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To: ml/nj

Eggs ackley!


19 posted on 07/22/2011 10:41:53 AM PDT by MHGinTN (Some, believing they can't be deceived, it's nigh impossible to convince them when they're deceived.)
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To: tet68

“...The only thing we have to offer is fear itself....”

Democrats have been successfully scaring people for centuries....they donned white sheets and burned crosses to frighten Blacks. In modern times they frighten the elderly, women and children. The only ones Democrats don’t want to frighten are criminals, dictators and terrorists.


20 posted on 07/22/2011 10:42:40 AM PDT by LottieDah (If only those who speak so eloquently on behalf of animals would do so on behalf of the unborn.)
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To: Sub-Driver

Raise the Debt Ceiling or I will kill this puppy!


21 posted on 07/22/2011 10:42:57 AM PDT by PGR88 (I'm so open-minded my brains fell out)
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To: Ernie Kaputnik

Exactly. Every American has suffered since he was elected and appointed himself King.


22 posted on 07/22/2011 10:42:57 AM PDT by RC2
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To: sam_paine

Because there’s no CRA for Presidential campaigns?


23 posted on 07/22/2011 10:44:02 AM PDT by liberalh8ter
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To: tet68

Obama wants everyone (in the ruling class) to be a billionaire, and everyone else to be ground down under starvation level poverty.


24 posted on 07/22/2011 10:44:03 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: tobyhill

Under what circumstances is a revolution resulting in “fundamental change” possible?

When the Welfare State crashes, US cities will make Greece look like a picnic.

Don’t be so sure Obama wants any resolution to this. Remember, “Never let a crisis go to waste.”

Riots. Marshall law. Suspend free speech and elections. “Spread the wealth around” through emergency measures.

A serious economic crisis would give Obama absolute power.


25 posted on 07/22/2011 10:45:02 AM PDT by TigerClaws
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To: Sub-Driver

Pure horse manure.


26 posted on 07/22/2011 10:47:38 AM PDT by mulligan
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To: liberalh8ter
Because there’s no CRA for Presidential campaigns?

Then the sky's the limit, right?

27 posted on 07/22/2011 10:48:03 AM PDT by sam_paine (X .................................)
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To: Sub-Driver

So tell Harry Reid to call the Senate back in session and debate and vote on the bill that they tabled.


28 posted on 07/22/2011 10:51:16 AM PDT by listenhillary (It still increases the debt limit.)
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To: Sub-Driver
"The United States of America doesn't run out without paying the tab," Obama said. "We pay our bills. We meet our obligations."

Photobucket

29 posted on 07/22/2011 10:52:39 AM PDT by EGPWS (Trust in God, question everyone else)
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Senator Harry Reid 7/21/2011

“So everyone understand, we’re going to have a vote tomorrow. I’m not going to wait until Saturday. We’re going to have a vote tomorrow.”

I feel confident that this legislation will be disposed of one way or the other. The American people should understand that this is a bad piece of legislation. Perhaps some of the worst legislation in the history of this country,” Sen. Harry Reid (D-NV) said on the Senate floor.


30 posted on 07/22/2011 10:53:30 AM PDT by listenhillary (It still increases the debt limit.)
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To: Sub-Driver

I am reminded of a scene from Animal House. Kevin Bacon’s character starts by calmly stating “all is well, remain calm.” But nobody listens to him and the mayhem only seems to grow. By the tenth time repeating the line the crowd stampedes him as he is screaming “ALL IS WELL, REMAIN CALM!!!” at the top of his longs.

Same here for old Barry. Barry (and his whores in the MSM) keeps screaming that disaster is upon us unless he gets his way, but is repeatedly ignored until he has basically devolved into tantruming.


31 posted on 07/22/2011 10:55:15 AM PDT by FlipWilson
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To: Sub-Driver

The American economy is in shambles already but if you are so worried Barack then maybe it’s time you caved to the will of the people and cut spending.


32 posted on 07/22/2011 10:55:38 AM PDT by Soul Seeker ( I was there when we had the numbers, but didn’t have the principles.---Jim DeMint)
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To: Sub-Driver

I am reminded of a scene from Animal House. As a riot slowly builds, Kevin Bacon’s character starts by calmly stating “all is well, remain calm.” But nobody listens to him and the mayhem only seems to grow. By the tenth time repeating the line the crowd stampedes him as he is screaming “ALL IS WELL, REMAIN CALM!!!” at the top of his longs.

Same here for old Barry. Barry (and his whores in the MSM) keeps screaming that disaster is upon us unless he gets his way, but is repeatedly ignored until he has basically devolved into tantruming.


33 posted on 07/22/2011 10:55:58 AM PDT by FlipWilson
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To: Sub-Driver

Ruling class won’t suffer.


34 posted on 07/22/2011 10:56:08 AM PDT by arkady_renko
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To: cotton1706
Obama's like the wife who won't put down the credit card even when the family's going under and Dad's working two jobs... she stands there yelling for him to get a new card or no one will eat...

Our country is so deep in the hold we can hurt 'more now' or a 'whole lot more' later.

It's a threat...

35 posted on 07/22/2011 10:56:22 AM PDT by GOPJ (Honk if I'm paying for your car, your mortgage, and your big, fat Greek bailout - mewzilla)
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To: sam_paine

“Why doesn’t he just raise his campaign’s debt limit?”

Because he can’t steal money from the taxpayers to pay for his campaign, yet.


36 posted on 07/22/2011 10:57:34 AM PDT by Ernie Kaputnik ((It's a mad, mad, mad world.))
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To: Sub-Driver

Barry...bite me!


37 posted on 07/22/2011 10:58:20 AM PDT by ~Vor~ (A government which robs Peter to pay Paul can always depend on the support of Paul.)
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To: Sub-Driver
President: 'Every American will suffer' if debt deal not reached

Well, Technically no. Since a debt default is predicted to cause interest rates to soar. If you have zero debt (no auto loans, no mortgages, no credit cards) and most of your wealth is in some investment that is tied to interest rates. Then you could actually end up making out like a bandit in a debt default.

38 posted on 07/22/2011 10:58:20 AM PDT by apillar
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To: Ernie Kaputnik

Funding to ACORN is money for his campaign. Or it was in 2008.


39 posted on 07/22/2011 10:58:51 AM PDT by listenhillary (It still increases the debt limit.)
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To: GOPJ

Sounds like “shared sacrifice”.


40 posted on 07/22/2011 10:58:51 AM PDT by massgopguy (I owe everything to George Bailey)
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To: ml/nj
> Obama said he wants "everybody to be able to be a millionaire" and that his efforts for a balanced plan are "not about punishing wealth."

"This isn't some wild-eyed socialist position."

The top 1% pay well over half of the tax revenues. The bottom 51% pay nothing. Now how did you say you wanted to share the sacrifice?

Here is how tax incentives work: You get less of what you tax and more of what you subsidize. Your *socialist* redistributive policies will produce fewer job-creating millionaires and even more people at the bottom with no incentive to work or better themselves.

.

41 posted on 07/22/2011 10:58:51 AM PDT by bobk333
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To: Sub-Driver
Oh come on, ZerO, you and Michelle and your elite buddies won't suffer. It'll just be us taxpayers that will suffer.

Of course, we've been suffering and will continue to suffer simply because you are in office and the Senate is being controlled by a bunch of liberal nutballs.

42 posted on 07/22/2011 10:59:55 AM PDT by MEGoody (Ye shall know the truth, and the truth shall make you free.)
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To: Sub-Driver
"We pay our bills. We meet our obligations."

Hey Barkey, I have a news flash for ya. We pay our bills too, but we don't use our VISA card to pay off the MASTER CARD or other credit card. We can ax our bosses for more money, but would get laughed out of the office.

43 posted on 07/22/2011 10:59:55 AM PDT by Arrowhead1952 (zero hates Texas and we hate him back. He ain't my president either.)
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To: GOPJ

“Well there must still be money available,” the wife says “because I still have more checks!”


44 posted on 07/22/2011 11:00:12 AM PDT by cotton1706
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To: MrB

Redistribution you can believe in™.


45 posted on 07/22/2011 11:01:32 AM PDT by liberalh8ter
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To: Sub-Driver

No, Mr. Jackass!
You and your socialist agenda will suffer!

Republicans gave you and Harry a plan to raise the ceiling but YOU refused to compromise on raising taxes!


46 posted on 07/22/2011 11:01:43 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: Sub-Driver

Since the fedgov is in all transactions, you could not tax the income of the wealthiest, and the fedgov would still get all the money, assuming the wealthiest didn’t just keep their money in their mattress.

As they put it in the bank or market, that money would go out in loans or salaries or expense. From there, it would be taxed until it was all in the fedgov

Raising taxes does not bring any more money into the system. Only a change in the trade deficit will do that (or 0bamas printing press)


47 posted on 07/22/2011 11:02:35 AM PDT by sten (fighting tyranny never goes out of style)
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To: Sub-Driver

Absolute incoherent babbling.
READ off the teleprompter,cut 4 trillion, where,what,
raise taxes on the rich,who are the rich? Is that anyone who has a mortgage,donates to charity,pays state income tax,pays medical bills?
The man child is a raving lunatic that’s why he went to commieville Maryland,well we are going to see what happens when the debt ceiling does not get extended. I hope this putz gets buried in the polls


48 posted on 07/22/2011 11:03:37 AM PDT by ballplayer
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To: Sub-Driver

Screw him.I want us to default causing the gubmint to automatically cut spending 45%. Thats how you cut this bloated monster of a gubmint.So our interest rates go up well then I guess they will have to cut gubmint further to cover the rise in interest rates.We aint buying the sky is falling, barry.


49 posted on 07/22/2011 11:03:47 AM PDT by HANG THE EXPENSE (Life is tough.It's tougher when you're stupid.)
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To: Sub-Driver
Oh, No!

PimpDaddy Barry won't be sitting in the Oval Office writing all those checks to send out to all us folks who need the government to survive.


50 posted on 07/22/2011 11:07:15 AM PDT by N. Theknow (Obama and the Dems - The flash mob raiding the Treasury.)
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