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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: fivecatsandadog

Does anyone know how much of our debt has gone to muslim countries in the last four years? I’d like to see a list. One good reason to nix this suggestion is that with no ceiling, more could go. Heck, all of it could go.


161 posted on 12/02/2012 8:06:36 AM PST by IM2MAD (IM2MAD=Individual Motivated 2 Make A Difference)
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To: jazusamo

OMG THIS IS *NOT* SATIRE!!!!!!!!!!!!!!!!!


162 posted on 12/02/2012 9:02:31 AM PST by Mr. K (some days even my lucky rocketship underpants don't help...)
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To: jazusamo

OMG THIS IS *NOT* SATIRE!!!!!!!!!!!!!!!!!


163 posted on 12/02/2012 9:02:31 AM PST by Mr. K (some days even my lucky rocketship underpants don't help...)
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To: fivecatsandadog

I can only say it’s the Marxist RATS way. Buying votes costs a lot of money so they’re taking our kids and grandkids money to do it. Obama and his thug supporters could care less about the future of the country.


164 posted on 12/02/2012 9:37:51 AM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: Mr. K

No, sadly it’s not. There must be nothing but air between her ears.


165 posted on 12/02/2012 9:41:02 AM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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To: jazusamo





THE BELL CURVE








racist propaganda
SSDI FOR 6 LOW IQ CHILLUN








we dun hit da lotto






166 posted on 12/02/2012 6:47:01 PM PST by devolve ( ---- ---- ---- -CHEESEBURGER_CHEESEBURGER_CHEESEBURGER- ---- ---- ---- ---- John Belushi ---- ----)
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To: jazusamo

Hey, Peloser.

Would you give that power to a President Palin?

No?

Didn’t think so.

So don’t suggest that the country give that power to your boy king.


167 posted on 12/03/2012 4:48:42 AM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: fivecatsandadog
I don’t get it - maybe I’m stupid, but someone please explain how this proposal makes sense.

They believe they have the assets to justify the borrowing. I wonder what those assets might be?

168 posted on 12/03/2012 6:53:55 AM PST by ecomcon
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To: jazusamo

Why doesn’t Dear Leader merely raise the debt limit as an Executive Order, and dare anyone in Congress to speak up? After his Amnesty edict, he must know he can show complete contempt for the law in every regard.


169 posted on 12/03/2012 1:48:16 PM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
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To: jazusamo

Why the heck not, they’ll have our 401k’s soon enough, what else do we allow ourselves to give them permission to do?


170 posted on 12/03/2012 4:49:08 PM PST by GrouchoTex (...and ye shall know the Truth and the Truth shall set you free....)
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To: DoughtyOne; sickoflibs; stephenjohnbanker; chopperjc; GOPsterinMA; Gilbo_3; Impy
Pelosi: Give Obama Power to Personally Lift Debt Limit to Infinity

To be fair, although O is worse, the GOP didn't worry that much about the debt in the GWB years,


171 posted on 12/03/2012 8:51:32 PM PST by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: jazusamo
Why don't we just give each American $1 million?

Then we'd all be millionaires.

172 posted on 12/03/2012 9:00:48 PM PST by St_Thomas_Aquinas
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To: jakerobins
To give Barry the power to raise the debt limit whenever he likes would be like giving a group of alcoholics the keys to a liquor store and saying “Have at it”!

They refuse to put their trust in God.

Obama seems to be their alternative.

And they think Christians are crazy.

173 posted on 12/03/2012 9:06:56 PM PST by St_Thomas_Aquinas
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To: ding_dong_daddy_from_dumas; DoughtyOne; stephenjohnbanker; chopperjc; GOPsterinMA; Gilbo_3; Impy
RE :”Pelosi: Give Obama Power to Personally Lift Debt Limit to Infinity
....
To be fair, although O is worse, the GOP didn’t worry that much about the debt in the GWB years”

If you recall the Budget control act automatically extended the debt limit a second time this year to get O through the election.

As long as O can successfully get voters to blame congressional Rs for anything that goes wrong these conditions are just formalities, O gets whatever he wants.

Rs don’t seem to understand that. They don't understand that voters need to be won over to have any success.

More recently I see Grover on TV shows trying to make the case that it is Obama pushing us off the cliff, not the GOP.
But that battle is long lost as they all seem to be by the time these confrontations hit.

174 posted on 12/03/2012 9:09:59 PM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
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To: ding_dong_daddy_from_dumas; cradle of freedom; bert; DoughtyOne; stephenjohnbanker; chopperjc; ...
RE :”But that battle is long lost as they all seem to be by the time these confrontations hit.”

One reason why the congressional Rs keep getting beat by O is the same reason (a reason) why the Romney campaign got beat by the O campaign in the election in swing states: Obama’s strategy is pro-active, Republicans is re-active,
By the time each of these confrontations takes place the battle is already won by Obama.
So the only act left is the drama about when the Rs surrender,

Victories take some planning ahead.

175 posted on 12/03/2012 9:44:48 PM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
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To: jazusamo; Revolting cat!; Slings and Arrows

Better ask for 2x infinity. You never know, plus it’ll leave him room to negotiate with the Republicans.


176 posted on 12/03/2012 9:59:59 PM PST by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: sickoflibs; DoughtyOne; stephenjohnbanker; chopperjc; GOPsterinMA; Gilbo_3; Impy
If you recall the Budget control act automatically extended the debt limit a second time this year to get O through the election.

I wonder what would have happened if the GOP house had refused to pass the budget control act. The GOP would still get the blame, and Dems and media would have shown outraged Americans who could not get passports, the US credit rating crashing, etc.

Pelosi might be speaker now. Not that Boehner is much of an improvement.

177 posted on 12/03/2012 10:57:00 PM PST by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: ding_dong_daddy_from_dumas; sickoflibs; stephenjohnbanker
I wonder what would have happened if the GOP house had refused to pass the budget control act. The GOP would still get the blame, and Dems and media would have shown outraged Americans who could not get passports, the US credit rating crashing, etc.

gilbos plan would go a bit further...everybody show up to the House and finds a pocket Constitution on their table...

"we havent been very successful with budgeting, so from today, if its not explicitly in *here*, it doesnt get funded...therefore, TODAY, we'll historically slash the deficit by $3.5 T "... gavel and go home...

*IF* they would be willing to stay home and get real jobs, the principles could be revived...

take a meataxe to it, and let the chips fall where they may...

178 posted on 12/04/2012 1:08:22 AM PST by Gilbo_3 (Gov is not reason; not eloquent; its force.Like fire,a dangerous servant & master. George Washington)
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To: ding_dong_daddy_from_dumas; DoughtyOne; stephenjohnbanker; chopperjc; GOPsterinMA; Gilbo_3; Impy
RE :”I wonder what would have happened if the GOP house had refused to pass the budget control act. The GOP would still get the blame, and Dems and media would have shown outraged Americans who could not get passports, the US credit rating crashing, etc. Pelosi might be speaker now. Not that Boehner is much of an improvement.”

HA-HA, ddd, you speak heresy :)

But that still doesn't contradict my point, that they were going to increase it anyway and they will again. Its a fact of life, so why do many act so surprised.

But you gotta question why they would delayed cut their own sacred cow pork in the same bill, then praise it and call it a success and then the next year act shocked that the same cuts were scheduled and then run against them like they were Obama. If anything this was counter-productive and made them look stupid,

I assume this was just to temporarily ward off primary challenges because there is no other rational explanation.

179 posted on 12/04/2012 4:50:41 AM PST by sickoflibs (Dems want to win.The GOP wants to whine. Why dont they fight to win like Dems do?)
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To: sickoflibs; DoughtyOne; stephenjohnbanker; chopperjc; GOPsterinMA; Gilbo_3; Impy
ddd: Pelosi might be speaker now. Not that Boehner is much of an improvement.

sol: HA-HA, ddd, you speak heresy :)

In a way, it's really sad for me to admit how GOP "leaders" have performed. But like Ralph Waldo Emerson's transcendental poet, I accept reality.

I think a consensus is forming that, although there are some true conservatives in the party, something is very wrong in the GOP.

180 posted on 12/04/2012 6:19:12 AM PST by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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