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Pelosi: Give Obama Power to Personally Lift Debt Limit to Infinity
CNSNews ^ | November 30, 2012 | Terence P. Jeffrey

Posted on 11/30/2012 1:19:29 PM PST by jazusamo

Video at link

(CNSNews.com) - House Minority Leader Nancy Pelosi said on Friday that Congress should hand over to President Barack Obama personal, unilateral authority to increase the limit on the U.S. government's debt.

At a Friday press conference, a reporter asked Pelosi if she agreed with a proposal made by Treasury Secretary Timothy Geithner that Congress give Obama the power to unilaterally increase the debt limit.

"Yes," she said.

When he met with members of Congress on Thursday to discuss a deal to avoid the so-called fiscal cliff that is set to occur at the end of this year, Secretary Geithner suggested that Congress give Obama the personal power as president to lift the legal limit on the federal government's debt.


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: debtlimit; obama; pelosi
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To: Stormdog

“...I don’t remember the story ending very well...”

You’re right. It didn’t.

It didn’t end well because my father, his cousins, and his brothers, and a whole passel of other Americans booted up, crossed the seas, and booted ass over there to SAVE the rest of the world from this same stinking sh*t we’re watching here now.

Except...there’s no Americans riding to our rescue.

It’s up to US. Why? Because we’re here, and nobody else.


81 posted on 11/30/2012 3:21:35 PM PST by NFHale (The Second Amendment - By Any Means Necessary.)
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To: pgkdan

Funny how Pelosi wasn’t in favor of this while she was still House Speaker.


82 posted on 11/30/2012 3:23:49 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
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To: jazusamo; stephenjohnbanker; Fred Nerks; Beckwith; LucyT

Give Obama Power to Personally Lift Debt Limit to Infinity?>>>>>>>>>>>>>>>>>>>>

A constitutional crisis over Xmas? Buahahahahaha.

Obama wants The Senate GOP to walk.

I hope they do.

If Obama wants dictatorial fascist power contrary to the Constitution, make him and his movement’s running dogs bleed red blood for it.

This is civil war in the making.

Boehner is all that stands between a fascist dictator and the private purse strings of our nation. Now that is a scary thought.


83 posted on 11/30/2012 3:29:23 PM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: Candor7

No, Boehner is the only thing.

Although the question is ...do we the people have the guts to exact a tax revolt?

It would take business owners to stop paying the taxes of their businesses and for their employees. Give it to the employee or escrow it, but don’t pay the government.

Naw...would never happen. We are too scared of our government ...


84 posted on 11/30/2012 3:35:47 PM PST by EBH (0bama is guilty of willful neglect of duty.)
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To: NFHale

“It’s up to US. Why? Because we’re here, and nobody else.”

Amen, Brother, Amen.


85 posted on 11/30/2012 3:36:21 PM PST by Stormdog (A rifle transforms one from subject to Citizen)
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To: jazusamo
Pelosi is Bat S#*&@ crazy...

Step 1 - Let the fiscal cliff occur - Obama would not seriously/sincerely address the problems.

Step 2 - Warn that Obama intransigence and failure to lead will cause a recession

Step 3 - Give Obama a 3 month debt ceiling raise and warn that a budget must be agreed upon to justify any further increases in ceiling. Be prepared to stand firm... without a budget that limits government spending (bylaw) Obama will spend us into oblivion.

86 posted on 11/30/2012 3:38:49 PM PST by RedEyeJack
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To: Stormdog

Every generation gets its chance to stand in the breach. Sometimes, it slips by without people even being aware of it.

We’re aware, we’re awake, and wide-eyed, watching the behemoth speeding towards us.

Yeah...every generation gets its chance to stand in the breach...I think this is ours.


87 posted on 11/30/2012 3:44:06 PM PST by NFHale (The Second Amendment - By Any Means Necessary.)
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To: jazusamo

Keep thinking Nancy, that’s what you’re good at.


88 posted on 11/30/2012 3:45:18 PM PST by stevem
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To: EBH

Naw...would never happen. We are too scared of our government ...>>>>>>>>>>>>>>>>>>>>

Yes, but not yet scared enough.

Oh yes, it will get infinitely more frightening before Obama is through.


89 posted on 11/30/2012 3:46:00 PM PST by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: jazusamo

Wealth redistribution.

That is what this is all about.

If Obama is given this authority, social giveaways will go through the roof. 40 acres and a mule will become a home and a mercedes.


90 posted on 11/30/2012 3:52:17 PM PST by Delta Dawn (The whole truth.)
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To: Bryanw92

The botox has finally fried what little was left of SanFranNan’s pea-sized brain.


91 posted on 11/30/2012 3:52:17 PM PST by july4thfreedomfoundation (November 6, 2012.....A day that will live in infamy!)
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To: jazusamo

By the time these communists get through monetizing the debt we’ll be paying $1000 for each loaf of moldy bread.... If there’s even any bread left to get.


92 posted on 11/30/2012 4:02:54 PM PST by Bullish (The stench from this amateur regime stinks all the way to Kenya.)
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To: jazusamo
It slays me that people like this are elected to represent us.

Here's how that happens....


93 posted on 11/30/2012 4:09:08 PM PST by Bullish (The stench from this amateur regime stinks all the way to Kenya.)
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To: Bullish
Here's how that happens....

Yep...And also by these types...


94 posted on 11/30/2012 4:17:36 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: pgkdan
I wouldn’t have supported giving this kind of power to Ronald Reagan.

Or even George Washington for that matter.

95 posted on 11/30/2012 4:32:01 PM PST by Bullish (The stench from this amateur regime stinks all the way to Kenya.)
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To: Bullish
I wouldn’t have supported giving this kind of power to Ronald Reagan. Or even George Washington for that matter.

Neither of them, would have asked for it.

96 posted on 11/30/2012 4:39:01 PM PST by Kakaze (I want The Republic back !)
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To: Berlin_Freeper

You might find this intersting:

http://en.wikipedia.org/wiki/Democrat_Party_(epithet)


97 posted on 11/30/2012 4:50:30 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: NFHale

“Yeah...every generation gets its chance to stand in the breach...I think this is ours.”

I have people in my circle of friends and aquaintences who have escaped true tyrannical dictatorships. They come from Romania, Portugal, Cambodia and China. Some escaped with only their lives. The stories that they tell are chilling. But they came to America and worked their hearts out, they became citizens and prospered. And to a person, each has offered to lay down their lives, (and in some cases their kids did) to defend the last hope of mankind.

And they all ask, “Why can’t people understand what this man Obama is doing?”

I don’t want to sound like a keyboard kommando; the good Lord knows that I’m no hero, but I’ve reached that point in my life where I have pretty much got everything done that needs to be done. And I don’t know what the future is going to hold, but I don’t think that it’s going to take all that much more before I could be persuaded to go to the barricades.


98 posted on 11/30/2012 4:50:46 PM PST by Stormdog (A rifle transforms one from subject to Citizen)
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To: DoughtyOne

It has caved in, eons ago as have the idiots who keep reelecting this psychopath. One way to get rid of her is to have a constitutional requirement that all member of Congress submit to random drug testing. My niece is a drug counselor who is absolutely certain Nancy there has a little old methamphetamine habit. She says she displays all the symptoms while speaking, and I believe it after watching a few videos of Ms. Pelosi in action.


99 posted on 11/30/2012 4:51:18 PM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: DoughtyOne

It has caved in, eons ago as have the idiots who keep reelecting this psychopath. One way to get rid of her is to have a constitutional requirement that all member of Congress submit to random drug testing. My niece is a drug counselor who is absolutely certain Nancy there has a little old methamphetamine habit. She says she displays all the symptoms while speaking, and I believe it after watching a few videos of Ms. Pelosi in action.


100 posted on 11/30/2012 4:51:18 PM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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