Posted on 06/13/2012 12:24:59 PM PDT by sunmars
At a fundraiser on Tuesday, President Obama said the debt and deficit her inherited is "baked in" structurally. "If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake," Obama advised his supporters.
"If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake," he said.
"I love listening to these guys give us lectures about debt and deficits. I inherited a trillion-dollar deficit. We had a surplus, they turned it into a deficit, built it into a structural deficit that lasts for decades, and -- isn't that something?" President Obama said at a fundraiser today.
"This notion that somehow we caused the deficits is just wrong. It's just not true. Anybody who looks at the math will tell you it's not true. If they start trying to give you a bunch of facts and figures suggesting that it's true, what they're not telling you is they baked all this stuff into the cake with those tax cuts and a prescription drug plan that they didn't pay for and the wars," he said.
"So all of this stuff is baked in, with all the interest payments for it, it's like somebody goes to the restaurant, orders a big steak dinner, martini, all that stuff and then just as you're sitting down, they leave and accuse you of running up the tab. That's what they do," he said.
Video at link
(Excerpt) Read more at realclearpolitics.com ...
now we are talking about cakes, he’ll have the WH chef shot next.
I bet he ate it and then stiffed the waitperson on the check.
now we are talking about cakes, he’ll have the WH chef shot next.
Blame Barney Frank and his sex toy at Fannie Mae. GW Bush WANTED to look into Fannie and Freddie.
This was a rat crime concocted to benefit rats and to help sway the 2008 election.
Dire situations call for radical change, like a push to socialism and a demonizing of capitalism.
FUBO.
Those Wascally Wepublicans.
They’re so crafty, they “baked in” this debt by using a Democrat Congress from 2006-2010.
That sounds like something Obama would do if he could get away with it.
What a bunch of meaningless junk. Short version: Waaahhhh - it’s Bush’s Fault - Waaaaaaahhhhhhhh.
“Waitperson” shouldn’t even be a word.
What he fails to mention is that once Bush left the restaurant he ordered diamond encrusted lobster and caviar since he could blame bush for the bill.
Step away from the idiot excuses and grow a pair POS POTUS
The WI. “ fallout” just keeps on working, doesn’t it??
He’s actually telling the truth for once. I was just looking at the CBO projections, even their best case scenario (end of Bush tax cuts) includes 5% annual growth and still doesn’t balance by 2022. A whole lot of hurtin coming down the road.
He proceeded to order about 12 more steaks, two large nacho appetizers, two oreo-cookie ice cream cakes, and ran up a bar tab until 2:30am the next morning before he stumbled out drunk.
He also stuffed a bunch of twenties in the juke box and played crappy songs all night.
“I bet he ate it and then stiffed the waitperson on the check.”
After he ate the steak he ordered a case of Dom Perignon, an ounce of cocaine, and a lap dance.
Fixed it.
Basically, Obama is a First Class, Grade A, 100% pure POS and a complete douchebag.
I think it’s more like Obama invited himself to dinner
then when you went to the rest room he ordered steak
and lobster for all his croneys and now he’s shocked
that you don’t have any money.
...and his wife ate ALL of the stuff ordered....!!
I wonder why they never mention that during the last years of W’s administration that the Demoncrats controlled both the Senate and the House? W’s fault?
Jug Ears unscripted, I want to see him in a debate with Mitt, he will sound like Teddy Kennedy after a three day drunk...
Geez, does he ever not speak in cliches? Can we, just one time, have an actual fact or figure from him?
Anyway, for the sake of argument, let’s assume what he is saying is true, then his ass needs to be fired soonest because he is obviously too incompetent to do anything about “the mess”. He has had more than 3 years, and he has still not “unbaked the cake”? He is just whining about it...like someone complaining that the dog crapped on the kitchen floor, and he is standing in it spreading it around with his feet. Typical ineptocrat.
The crybaby president begged for the check that he and his lefties in congress ran up.
He shouldn’t have run for the job that he wasn’t qualified to fulfill the position.
Concur. I would love to get my hands on the “Close Hold” Dem Strategy for the 2008 election after Bush was elected in 2004. I will bet there is mention that the US economy must not look good, unemployment should be on the rise, gas prices must go up.... They needed and wanted an economic crisis to bolster their chances. Just as the Dems wanted the War in Iraq to fail under Bush they wanted this country suffering economically.
“After he ate the steak he ordered a case of Dom Perignon, an ounce of cocaine, and a lap dance.”
Yeah but it was a special lap dance; the pole dancer had to be a tranny named Lawrence.
We are witnessing a complete meltdown in real time. The liar-in-chief blames everyone except himself, and is hoping that this last ditch effort of homespun folksy snippets of “conventional wisdom” will somehow stick.
It was Obama who folded the costs into the budget and thus baked it into the cake. And Obama did the same thing with the stimulus bill. Both became part of the baseline expenses for the next year.
When did Obama ever ask them to reduce the spending. NEVER.
In other words, everything that went wrong in the past 3 1/2 years has been Bush’s fault. Should Obama really be bragging about being so massively inept that he hasn’t been able to change anything in his entire first term?
Let me know when he can produce his request to Congress to cut any spending.
Obama needs to explain why the deficit was low until the Dems took control of the house and senate. Then when NObama took the white shack it got incredibly worse.
Funny how they ignore that historical fact. I guess it doesn’t fit in their pass the buck attempts.
Obama's contribution to the structural deficits caused by these three entitlement programs was to create a 4th -- ObamaCare.
Brilliant.
And then he ordered a $1 Trillion bottle of Cristal... ballers gotta swag up in this White House bitch...
“If anyone has one clue as to what the hell he is trying to sya, then let the rest of us know because i’ve never heard such a lame analogy or rambling blame in all my life.”
You put it much nicer than I would have. I watched and literally said to myself, “WTF!” Talk about starting to melt down....
Funny because I just attended a town hall with NJ Gov. Christie. He has a solid dem legislature to deal with, yet he could go on and on how he reformed the pension funds, cut spending, wants to lower taxes further now that the previous huge shortfalls are coming into balance.
But Obama after 3 1/2 years and a Congres that was his party didn’t accomplish any of that and can only whine that it’s somebody else’s fault.
Christie also blamed the mess on his predecessors, except big difference he is cleaning up the mess. Obama isn’t.
Yeah, it's something alright. Something you usually shovel into the garden.
President BLAMBAMA. He plays the victim so much that is is coming back to bite him on his behind. He makes me ill.
President BLAMBAMA. He plays the victim so much that is is coming back to bite him on his behind. He makes me ill.
The first thing i thought was MaCarthur Park and Obama left his cake out in the rain.
Going with theis stupid analogy:
...it's like somebody goes to the restaurant, orders a big steak dinner, martini, all that stuff and then just as you're sitting down, they leave.
Then after they've left, you order lobster and drinks for everyone in the restaurant and the you try to blame the big bill on the guy who had the steak.
...so, since Obama was already feeling victimized by the bill, he decided to put a new Caddy Limo on the tab...
IMHO having watched quite a few Obama speeches, he always has been ridiculous. Despite the teleprompter, he makes a lot of stuff up as he goes along. This is a very lazy guy, and I mean intellectually lazy.
My theory is now that people aren’t just assuming he makes sense, the more he talks the more trouble he will get in.
And the O’Bastards left us with four years of checks for lobster meals.
This is a variation of the speech he gave before. In the previous version, the president mentioned ‘a steak dinner and a martini’.
Now we know it was not TOTUS’s fault. Obama’s speech writers intentionally used the same theme, must be ‘focus group tested’.
http://freerepublic.com/focus/f-chat/2894586/posts
Here’s what I would say to him. “You’re the President, figure it out and handle it.....or step down and let someone who knows how to handle it, do it.”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.