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Obama: "We Do Not Have AAA Political System To Match Our AAA Credit Rating"
RealClearPolitics ^ | 7/29/2011

Posted on 07/30/2011 12:04:01 PM PDT by bruinbirdman

"If we do not come to an agreement, we could lose our country's AAA credit rating. Not because we do not have the capacity to pay our bills. We do. But because we did not have a AAA political system to match our AAA credit rating. Make no mistake, for those who say they oppose tax increases on anyone, and lower credit rating would result potentially in a tax increase and everyone in the form of higher interest rates on their mortgages, their car loans, their credit cards, and that is inexcusable," President Obama said on Friday morning.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Crime/Corruption; Culture/Society; Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0cokehead; 0ribs4moochelle; 2012budget; 290buckwine4obama; affirmitiveactionass; barackmancantjump; budget; burgerbuttmoochelle; cheeseburgerparadise; commodeorganizer; debtceiling; economy; elections; maybealittleblow; maybealottablow; obama; wagya4only100pound
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To: bruinbirdman

The only thing that has kept the stock market from a panic is the few holdouts in the House that don’t want taxes raised.

Businessmen of wall street understand companies go bankrupt and default all the time, it’s expected. It’s more taxes being thrown into a black hole of debt that would unnerve the markets.

Of course, what would Congress know about running a business unless it had ‘incentives’ ‘special tax treatment’ ‘bailouts’ ‘protections’ ‘lobbyists’ ‘exemptions’ involved.


41 posted on 07/30/2011 12:38:40 PM PDT by Razzz42
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To: bruinbirdman

Obama himself is one turd of that political system....


42 posted on 07/30/2011 12:39:00 PM PDT by isthisnickcool (Sharia? No thanks.)
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To: Jim Robinson

Well, what 0bama really meant by having the “capacity” to pay bills is the ability to raise the debt ceiling and keep borrowing. In the twisted financial minds of many in government, deficits don’t matter if you can continue to borrow.


43 posted on 07/30/2011 12:39:14 PM PDT by Dilbert San Diego
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To: bruinbirdman

We don’t have a AAA political system because our President is running up debt at a D for default rate.

The Dems are the only brain dead specie who love democracy when it gives them power and then hate democracy when it takes it away or just threatens to take it away.


44 posted on 07/30/2011 12:40:25 PM PDT by Truth is a Weapon (Truth, it hurts so good.)
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To: bruinbirdman

STFUBO
FUBO
ESADBO

I’m going through a whole lot of soap lately washing my mouth out. :[


45 posted on 07/30/2011 12:40:25 PM PDT by 1hedLyte
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To: bruinbirdman

Obama: “We Do Not Have AAA Political System To Match Our AAA Credit Rating”

Translation:

Obama: “The revolution where the exploited get to dictate to their exploiters is here!”


46 posted on 07/30/2011 12:40:41 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: Dilbert San Diego

I’m rich!! Woo hoo!! My credit cards aren’t quite maxed out and if they do get that way, I can just get some new ones!!


47 posted on 07/30/2011 12:41:32 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: bruinbirdman

We have the number one political system in the world, the fact that no one can have their way is evidence of this!

The guy is a Marxist.


48 posted on 07/30/2011 12:41:45 PM PDT by dila813
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To: Steely Tom
Excellent synopsis of O'bama's rise to power.

But I'd say you are being a little too kind to the _resident.


49 posted on 07/30/2011 12:42:00 PM PDT by skeptoid (The road to serfdom is being paved by RINO's, and Lisa Murkowski is their mascot.)
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To: bruinbirdman
Yes, you Obama, along with Pelosie, Reid and the DumbA$$es who voted for you, are the bloody problem.

Where was Peolsie’s budget for the last 2 years?
Where was Reid's budget for the last 2 years?

Who verbally assaulted Congressman Ryan's Plan live on national TV? Why did the Senate table that bill?


What Debt/Ceiling plan passed the House with a bipartisan vote?Why did Reid table it?

Why did you propose a budget that was voted down in the Senate 97-0?

Obama, Reid and Pelosie STFU and eat your bloody peas. EPIC FAIL!!!!

50 posted on 07/30/2011 12:43:36 PM PDT by Chgogal (WSJ, Krauthammer, Rove et. al., STFU. Thank you.)
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To: bruinbirdman
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. - Senator Barack Obama (rev. 2006)

51 posted on 07/30/2011 12:44:06 PM PDT by McGruff (Hold The Line!)
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To: bruinbirdman
Obama: "We Do Not Have AAA Political System To Match Our AAA Credit Rating"

We used to have a AAA political system. Hmmm, hmm, hmm, what has changed?

52 posted on 07/30/2011 12:44:11 PM PDT by The_Media_never_lie
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To: bruinbirdman
Obama: "We Do Not Have AAA Political System To Match Our AAA Credit Rating"

We used to have a AAA political system. Hmmm, hmm, hmm, what has changed?

53 posted on 07/30/2011 12:44:18 PM PDT by The_Media_never_lie
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To: 1hedLyte

I love the last one!


54 posted on 07/30/2011 12:44:18 PM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: bruinbirdman

It only works AAA level when there’s NOT a socialist scumbag in the Whitehouse.


55 posted on 07/30/2011 12:44:41 PM PDT by Caipirabob ( Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Candor7

I kinda like STFUBO.

That said, we’ve got to be more unified in opposing him. He and the press got a golden opportunity this week to show the GOP circular firing squad in action, and of course that was trumpeted all over the place.

We need to get our forces aligned and stop giving him an opening.

That said, I think he plans - and has been planning all along - to do something “unilateral,” because that’s the Alinsky way (and I’m sure Bill Ayres is whispering in his ear every day, because Bambi is dumb as a post and only does what he is told to do for the leftist cause).

The Dems won’t oppose it at all. The question is whether the GOP will be united enough to oppose it and get the kind of popular support necessary to make him STFU. Not if we keep on the way we have been going...


56 posted on 07/30/2011 12:46:02 PM PDT by livius
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To: digger48

Abditive African Alien


57 posted on 07/30/2011 12:47:34 PM PDT by rolling_stone
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To: Candor7
"Translation:"

Candor7 recognizes The Alinsky Code.

yitbos

58 posted on 07/30/2011 12:48:01 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: bruinbirdman; potlatch; ntnychik; dixiechick2000

O the Obamity! Our enormous fascist gasbag reacts to the slightest static with such explosive results!

59 posted on 07/30/2011 12:48:23 PM PDT by PhilDragoo (Hussein: Islamo-Commie from Kenya)
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60 posted on 07/30/2011 12:51:02 PM PDT by devolve (. . . . . . . . . . . . Fat & Furious - Burger & Fries Queen*s 1700+ calorie lunches . . . . .)
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