GOP predicts doomsday if Obama budget passed

Yahoo / AP ^ | 03/22/2009 | EagleUSA

[EagleUSA]

WASHINGTON – Congressional Republicans on Sunday predicted a doomsday scenario of crushing debt and eventual federal bankruptcy if President Barack Obama's massive spending blueprint wins passage.

But a White House adviser dismissed the negative assessments, saying she is "incredibly confident" that the president's policies will "do the job" for the economy.

In a TV interview, Obama himself laughed when discussing the dire state of parts of the economy — and ascribed his laughter to "gallows humor."

White House Council of Economic Advisers chairwoman Christina Romer insisted that the nation's flailing economy will be rebounding by 2010.

Administration officials — and the president himself — have taken a cheerier tone despite economic indicators that are anything but positive.

"I have every expectation, as do private forecasters, that we will bottom out this year and actually be growing again by the end of the year," Romer said.

The president, in an interview that aired Sunday on CBS News' "60 Minutes," talked about the need to spend taxpayer money to save financial firms and the auto industry.

"I just want to say that the only thing less popular than putting money into banks is putting money into the auto industry," Obama said with a laugh.

Interviewer Steve Kroft asked how that laughter might be perceived, given the economy's troubles.

[EagleUSA]

This country put an anti-American, anti-capitalist socialist in the White House. They were warned -- what the hell did they expect? What we got is another Jimmy Carter on steroids and far worse. It is 1935 all over again, and 2012 cannot come fast enough ----

[ken21]

yes.

what were people thinking?

and why are they surprised?

[ari-freedom]

“I just want to say that the only thing less popular than putting money into banks is putting money into the auto industry,” Obama said with a laugh.

it would be especially unpopular by the founding fathers

[advance_copy]

Somewhere in Kenya, a village is missing its idiot.

[television is just wrong]

obama is doing his job. he is destroying this nation and taking down the rest of the world. we will be a one world government, and NO ONE WILL BE SAVED.

[Don Corleone]

This man's presidency has to be declared illegal and as soon as possible to prevent permanent damage to this great Republic! C’mon SCOTUS! Do your job! The economy would come unstuck and the market would rebound 1000 points just on the order to unseal his birth certificate. IMHO.

[prismsinc]

I saw the parts of the interview. Choco-Carter said there was a “flicker of hope” regarding the economy. I THOUGHT YOU WERE SUPPOSEDTO BE THE F&$@”KING HOPE A$@HOLE!

[Ezekiel]

But a White House adviser dismissed the negative assessments, saying she is "incredibly confident" that the president's policies will "do the job" for the economy.

[Darkwolf377]

a White House adviser dismissed the negative assessments, saying she is "incredibly confident"

A "White House" adviser is INCREDIBLY confident?

Whew! I'm SO relieved how!

Hooboy...

[SierraWasp]

"White House Council of Economic Advisers chairwoman Christina Romer insisted that the nation's flailing economy will be rebounding by 2010."

She's just another UC Berkeley Commonist professor like Angela Davis!!!

At least we're finally getting away from the contageous mob-rule reactionary violence to the constitution as if the relatively minor contractual bonuses amounted to a hill of beans.

What a diversionary tactic that even sucked up half the Republicans in the House of Representatives. Once we stop honoring legal contracts in this country, we're really headed into a shiddy state of affairs!!!

Talk about "Government By Whim!!!" We are becoming a government of men, rather than of laws in a hurry to hell!!!

[sten]

this will only make the dems push for it more

[jonrick46]

We have the DemonRATs worried that the Earth will melt with global warming and want to tax the bad C02 emitters. However, when it is their out of control spending policies that will cause a world wide economic calamity, they could care less.

[celtic gal]

How can you say that about Little Mary Sunshine?

[whatisthetruth]

Interviewer Steve Kroft asked how that laughter might be perceived, given the economy's troubles.

"Yuk yuk yuk yuk, everything is going as planned"

[SierraWasp]

Oh, I don't know... (down-cast eyes) It's just that I watched her silly interview today from beginning to end and noticed all the degrees she has as being one of "the best and the brightest" from our GovernMental institutions of higher indoctrination!!!

She struck me as vacuous as Tiny Tim Giethner!!! (a real educated idiot, to be sure) Did you see it???

[Tzimisce]

Um - Doomsday has come and gone.

Where have the Republicans been?

[highlander_UW]

White House Council of Economic Advisers chairwoman Christina Romer insisted that the nation's flailing economy will be rebounding by 2010.

Based upon what? Is that what Obama read on his teleprompter so he believes it's true?

[Islam=Murder]

HAHAHAA!

Choco-Carter.

[jammer]

Congressional Republicans on Sunday predicted a doomsday scenario of crushing debt and eventual federal bankruptcy if President Barack Obama's massive spending blueprint wins passage.

That's rich. Really rich. These jokers criticizing those jokers for overspending? That's more than insane. It's Orwellian.

[maddog55]

In the Presidential election 63% of eligible voters actually voted or roughly 131 million people out of 208 million eligible. Of the 131 million 69 million voted for Obama or approximately 33% of all eligible voters, 28% for McCain. That tells me there’s a large number of Americans that are fed up with politics and Washington and didn’t vote.

It also tells me there’s at least 69 million idiots in the America