Bachmann: Debt Limit Deal Means ‘We Embrace Being Greece’ (A GiftHorse GoP & O's >2T 'gifts')

CNSNews.com ^ | 8/1/11 | Nicholas Ballasy

[NormsRevenge]

Rep. Michele Bachmann (R-Minn.). who is seeking the Republican presidential nomination, said today on Laura Ingraham's radio show that the debt-limit deal struck by President Barack Obama and congressional leaders is “like saying we embrace being Greece.”

Bachmann preferred the bill she co-sponsored with Reps. Steve King (R-Iowa) and Louie Gohmert (R-Texas) that would pay the interest on the debt, cut checks for military personnel and then prioritize federal spending.

“My opinion is we’re going to now give the president almost a trillion dollars and then come Christmas time, he’ll get potentially--we’ll find it what the final numbers were--potentially upwards of another, in excess of a trillion, maybe as high as another $1.8 trillion but that’s on top of the other $2.2 trillion spending that we do,” Bachmann said.

[NormsRevenge]

Spend like a drunken sailor and then just ask the Congre$$ for more so you can really get good and sauced.

Christmas comes early for Barack. The presents are being delivered as we post.. over 2 trillion more of them..

[cripplecreek]

The sad thing is that our credit rating will be downgraded no matter what and that will jack up our interest rates which in turn means instant debt.

[Psalm 144]

She is on to something with the Greek angle . . .

http://www.youtube.com/watch?v=wnVgnOhDcCE

[FrankR]

All of obama's expenditures, i.e. bail-outs, stimuli, TARP, etc., have been so he will have the money to buy votes...under the guise of "spreading around the wealth", he has funnelled the money to minority groups, unions, and community groups to get re-elected...that's all.

[cripplecreek]

I don’t like the idea of a 12 person panel to decide what needs to be cut.

That should be left up to we the people and we’ve got one hell of a list that isn’t open to negotiation.

[cripplecreek]

The democrats have federal agencies that are working for them using taxpayer dollars. This "art" was funded by a national endowment grant and hangs in a taxpayer funded museum in northern Michigan.

[sanjuanbob]

So how much influence will she have on her peers? That’s the measure of a leader.

[Free Vulcan]

The only possible upsides here are that the Dem base is disheartened, and that with the economy tanking a $2.4T debt limit might not carry us past November.

Otherwise we blew it.

[gov_bean_ counter]

FWTW. I don't recall her coming the defense of her Tea Party Caucus members who have been roundly savaged over this. I also do not recall (with the exception of McNutt) her name being linked with the Tea Party Republicans in any news reports. And I doubt she was one of the ones having their arms twisted.

I do not believe she will have any influence.

[PieterCasparzen]

So how much influence will she have on her peers? That’s the measure of a leader.

I heard I think on Fox that she came back to DC from campaigning. I hope she can provide clarity to some who may be pressured ("end of world") or bamboozled ("this is the way things work") - she did get it exactly right, we're heading the way of Greece and fast - turning the ship early is necessary. Waiting too long, i.e., increasing debt ceiling and spending and borrowing a few more trillion, will make the impending market-forced American austerity program horrific instead of just merely brutal.

Democrats just do NOT want the bubble to burst on their shift, of course, so they want bubble-gum and bailing wire until november 2012.

[wilco200]

The GOP & the MSM are tying to sideline her until this is over because they KNOW she can galvanize the country around defeating this thing. Instead they’re happy to put on happless GOP hacks who couldn’t talk their way out of a paper bag.

Bachmann has not voter for any of this crap and is the only hope left (Palin is not in yet). I encourage her to call in to RUSH’s show today.

[novemberslady]

Must’ve been a hellova game of golf...

[Retired Greyhound]

Bachmann has been on the right side of this issue since Day One, even opposing CCB because it doesn’t go far enough.

I think she has shown plenty of leadership here, and is a Tea Party stalwart.

[sanjuanbob]

Agree with you, but she needs to show her influence on the rest...before the vote.

[gov_bean_ counter]

James Clyburn is a loathsome individual, but when he speaks, he speaks on behalf of the CBC (and takes the well deserved hits.)

Bachman's votes are not the point. I applaud her for how she has voted. But the truth is she has distanced herself from her own caucus. Probably done at Rollin's insistence. She is speaking for herself. That is not leadership, that is cold blooded political calculation.

[txrangerette]

Naybe this point is dealt with on down the thread, but the proposed cuts or tax changes would have to pass the House and Senate and be signed into law, or they don’t happen.

[Retired Greyhound]

What political calculation? I think she has been the most principled of all on this issue.

Why should she caucus with anybody, especially people that seem all to willing to capitulate to Obama on this?

[txrangerette]

(M)aybe not Naybe...oops.

[gov_bean_ counter]

She established the House Tea Party Caucus.

[Tzimisce]

Pay your taxes.

Someone has too. :)