Skip to comments.Politicians points fingers over credit crisis (Axelrod blames Tea Party)
Posted on 08/07/2011 11:58:17 AM PDT by Cincinatus' Wife
A top Obama adviser blames tea party for downgrade
WASHINGTON Who's to blame for the U.S. debt-ceiling mess? Politicians and political advisers took to the airwaves Sunday to point fingers, mostly at each other.
David Axelrod, a top political adviser to President Barack Obama, blames the downgrade of the U.S. credit rating on tea party Republicans for being unwilling to compromise on how to reduce the federal debt.
The Obama campaign strategist tells CBS' Face the Nation on Sunday that the decision by the Standard & Poor's credit agency to downgrade the U.S. from AAA to AA+ for the first time was strongly influenced by weeks of standoff between Democrats and Republicans over the debt.
Axelrod calls the action "a tea party downgrade" and says it's clearly on the backs of lawmakers who were willing to see the country default to get their way.
Axelrod also criticized GOP presidential candidates for not speaking up in favor of compromise.
(Excerpt) Read more at chron.com ...
1. He is an extremely astute politician with a keen sense of where voters are, and he has great instincts on message. Perry has ruthless discipline and communication. They say in politics, Dont let your boot off an opponents neck till Election Day. Perry doesnt take his boot off till a year after the votes have been counted and the opponent has faded into oblivion. He is actually a better campaigner than George W. Bush (Perrys predecessor as Texas governor) was when he first entered the national scene.
Its anyones guess how Perry will do if he enters the race for president. So far, he has risen in the polls and been applauded more and more by Republican activists while he stays on the sideline. So its hard not to wonder whether hes better as an abstract proposition than as an actual candidate. We shall soon find out. My guess is that Perrys trajectory will go in one of two opposing directions: He will march consistently and strongly and become the nominee, or he will crash in a spectacular manner. I dont see any middle ground. Either way, this is going to be great theater. And interestingly, looking ahead to a possible run against President Obama, the last really close general-election race Perry had was in 1998 for lieutenant governor, and the media strategist for his Democratic opponent, John Sharp, was a familiar name--David Axelrod. [end]
The Democratic Party has started a site using Rick Perry for fundraising and campaign email lists.
Perry has them worried. They should be worried!
".....Bill Burton, head of a new pro-Obama political action committee, Priorities USA, and until recently the deputy White House press secretary...
and Texas Democrats: Meet the Real Rick Perry "Help fund our efforts to expose Rick Perry's record of failure"
Tag: The end of our great nation - caused by 'give it all away' dems. May they reap what they've sown...
Hey Axelgrease! It’s YOUR economy. You boys own it! That’s how government works. You people should have done something about the problem back in 2008 (or even 2006) when your side was running the entire show. You’ve got to learn to deal with the truth little buddy. You people blew it! Not the Tea Party.
Meanwhile Axelrod, in the ‘spirit of compromise’ Harry the booty Reid kills the Cap, Cut and Balance bill DOA at the Senate. Some compromising ay? Blaming the Tea Party? This crapola of a bill was no victory to the TP conservatives. Your Dems “OWN” this stink and you know it.
Everyone thinks the US is divided along GOP and Dem, but there is a third party in this dispute, it is call Wall Street bankers. They will ally themselves with either the GOP or Dem depending on the issue. Wall Street is telling Americans they can no longer use debt ceiling as a football for party agenda. They want Congress to return to an era where the ceiling is a rubber stamp affair and then Congress can fight amongst themselves on how to meet these additional costs (taxes vs entitlement cuts) but meet the 4 trillion in cuts. Normally rating agencies do not stake out a position on how a country politically goes about to meets its credit rating as long at the end of the day it is done. Now rating agencies are inserting themselves into the process by using the threat of downgrade to coerce Congress and the American people. My question to the rating agencies is if the last Congress met the 4 trillion cut requirement (ala Ryan Bill) but did it thru a ruckus last minute agreement, would they still downgrade us to AA+. S&P report indicates they could. If they want to use downgrade to limit our freedom to argue in Congress, what is next, we can never investigate how they screw up rating mortgage backed securities rated by them at AAA when they were really junk????!!!! Wall Street already use the threat of too big to fail to get TARP bailout, now they want to use the threat of downgrade to end our ability to argue in Congress.
Who is this Axelrod - and what is he in charge of?
In other news, a consensus of environmental scientists have received permission from Algore to conclude that water is still wet!!
“Who is this Axelrod - and what is he in charge of?”
He’s basically Obama’s version of Karl Rove. Or is that Plouffe? I can never keep it totally straight, but he’s one of the main advisors in charge of Obama’s messaging. Which would probably include the random accusations of racism. Charming guy, I’m sure.
The Wisdom of Calvin Coolidge
The America which attracted the poor and oppressed from those nations was founded on other ideas--ideas which led to individual liberty, opportunity, productivity, prosperity, and plenty.
The counterfeit ideas upon which this Administration and its followers rely for their destructive policies is counterfeit, benefiting only the political elites who gain power by promising to "redistribute" other people's money. They accomplish this through coercive "taking," borrowing, or printing of money, all of which enslave individuals in the society.
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322
"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23
"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40
That is too funny (sadly so)!
It will be interesting to see if Obama’s minions continue to attack Perry’s faith in a higher power.
"Cut, Cap & Balance" offered $4T in cuts which is what the ratings agencies asked for. It passed the House under Boehner with a bipartisan vote. CCB was the "Tea Party" plan.
The White House mocked it as "duck, dodge and dismantle" and Reid, Mr. Dead-on-Arrival, wouldn't even allow a debate in the Senate.
Once again the Democrats refuse to accept responsibility for anything. Bad economy? Bush's fault. Failed stimulus? Earthquakes & oil prices. Downgrade? Tea Party's fault.
We should be screaming at the top of our lungs because Obama wanted a CLEAN debt ceiling increase with no offsets period. He was not concerned for a nanosecond about the credit rating. Neither was Geithner.
Todays Dems are among the most vile and despicable people to ever grace the national state.
The Tea Party didn’t blow 4.5 Trillion dollars. Obama and the democrat whores blew the 4.5 trillion. Obama and the Dem own debt & downgrade ... lock, stock and barrel.
Yeah its the Tea Parties fault alright. How dare they try to instil fiscal sanity to a group of spendthrifts in 500$ sneakers.