America is not a banana republic.
Posted on 07/10/2011 8:41:16 PM PDT by Sub-Driver
Debt talks to resume Monday after testy 75-minute session
By: Carrie Budoff Brown and David Rogers July 10, 2011 12:24 PM EDT
President Barack Obama called congressional leaders back to the White House for another round of budget talks Monday, telling them during a testy meeting Sunday that they will gather daily until a deal is reached, Democratic and Republican officials said.
In a bid to take his case to voters, the president also will hold a press conference Monday morning, the White House announced at the conclusion of the meeting.
During a 75-minute session Sunday at the White House, Obama told the congressional leaders that America is not a “banana republic,” so he won’t agree to several months-long debt increases that raise fears of a default, according to two Democratic officials familiar with the meeting.
He argued several times that negotiators should work toward a large-scale package for reducing the deficit rather than the smaller one favored by Republicans, calling on them to stand up to their base to get it done. He said both parties would suffer politically, but they need to do something substantial, said a third Democratic official familiar with the meeting.
“If not now, when?” the president said to the group, according to the official.
House Majority Leader Eric Cantor (R-Va.), who appeared to be speaking for the Republicans, argued that a grand bargain that includes new tax revenue would not pass the House, so they should fall back to the $2.5 trillion framework from the talks led by Vice President Joe Biden.
The meeting, which featured several sharp and frustrated exchanges, broke without settling much other than negotiators’ plans for their next meeting, according to multiple Republican and Democratic officials briefed on the session.
(Excerpt) Read more at politico.com ...
No increase in taxes. Keep it simple. The Dems will cave.
You know you’re in trouble when you hear statements like, ‘America is not a banana republic’ from its allegedly elected alleged president. Denying your country is a banana republic might be the number one mark of a banana republic. Mugabe says similar things about his banana republic, for instance.
This one is so simple to solve. Just raise taxes and invest in government jobs.
Seventy five minutes? Oh the struggle! The agony of
sitting around for an hour and fifteen minutes!
We aren’t paying these people enough. /s
Hell, it probably takes that long just to get them
all in the room and seated!
They all should have their asses kicked......HARD.
O wants to lock the Republicans into a longterm commitment on entitlements while the Dems still have some leverage, for he knows that he is not going to be reelected and they are going to lose the Senate. He wants to lock the Pubbies into a longterm binding deal on entitlements now, rather than letting them have free rein once they take all three branches in 2012.
America is not a banana republic.
Could you bear being in a room with Obummer for 75 minutes?
So we see that “grand bargain” is the propaganda buzz-word of the Democrats. The spin will be that they offered a “grand bargain” to solve the fiscal mess, and the extremists in the Tea Party torpedoed it.
Never mind that the Democrats have destroyed the economy with the affirmative action housing collapse, strangling regulation and the burden of the underclass and the illegals.
“In a bid to take his case to voters, the president also will hold a press conference Monday morning...”
Can this IDIOT POTUS stay off my TV for any decent length of time?! Good frakin’ grief, I have never, EVER, seen a POTUS virtually on national TV every other day or as much as this damn IDIOT is.... =.=
They need to tell him it’s his turn to come to their place, not act like they dance whenever he wants them to.
He wants to lock the Pubbies into a longterm binding deal on entitlements now, rather than letting them have free rein once they take all three branches in 2012.
I think your right in that he does not want to revisit this issue until AFTER the 2012 election. In HIS MIND he will be a shoe in after he raises his 1 billion.
I wish they would just say no the invitation till he puts out exactly what he is proposing for public view. Otherwise, this is the equal of shadow boxing.
Why bother with government jobs? Just provide full pensions straight away.
So for the panic that the GOP would fold.
Obama seems ignorant of the fact that every time he goes on the tube to try and bambouzzle the Sheeple he becomes less effective. The Law of Diminishing Returns applies to more things than economics. So go on everyday Urkel.
NO FUTURE CUTS... we want cuts NOW. Do not insult us with phoney promises of future cuts. What a load of crap.
Give enough room in the debt ceiling to get thru FY ... AND put in some cuts NOW. Like maybe 500 billion. Consider deleting the EPA.
Next time, get another 500 and delete DoED.
I agree completely. Here's hoping we go for a short term deal just to get thru fy 2011.
That is why I am not now nor will I ever be a politician. I have a hard enough time being in the room with some people I am supposed to work with. I keep wanting to tell them what dumb SOBs they and stomp out before I strangle someone.
That would be a neat trick. Get this bozo to explicitly and publicly discuss a plan.
Perhaps they could utilize a few quotes from Thomas Jefferson:
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
Most Americans, seeing the joblessness, the hopelessness, and the frustration of their unemployed family and community members, would understand such plainspoken honesty, coming from principled men in either political party who will not fold in the face of challenges by the "One" who has championed this redistributionist borrowing spree, along with his fellow hucksters, Pelosi and Reid.
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