Posted on 01/05/2011 1:43:42 PM PST by Sub-Driver
Gibbs: Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would Pass Anyway
January 05, 2011 3:00 PM
On Sunday, President Obama’s top economic adviser, Council of Economic Advisers chair Austan Goolsbee, cautioned members of Congress not to “play chicken” by voting against raising the $14.3 trillion debt ceiling – despite the fact that as a senator in 2006, President Obama voted that way.
“I don't see why anybody's talking about playing chicken with the debt ceiling,” Goolsbee told me on ABC News’ THIS WEEK. “If we get to the point where you've damaged the full faith and credit of the United States, that would be the first default in history caused purely by insanity.”
Goolsbee said a failure to raise the debt ceiling would cause “a worse financial economic crisis than anything we saw in 2008…This is not a game. The debt ceiling is not something to toy with.”
Four year ago, however, then-Sen. Barack Obama, D-Ill., voted the exact way President Obama is now cautioning senators not to do.
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure,” he said on March 16, 2006. “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. I therefore intend to oppose the effort to increase America's debt limit.”
(Excerpt) Read more at blogs.abcnews.com ...
Again louder Baghdad Gibbs!!
Just say NO to MORE spending.
CUT the damned budget.
I was against it before I was for it.
The very defintion of Kerry-ness!
So basically, Obama played 'chicken'.
I just don't know how you get “binding” cuts in place. How does that work??
Amen, lower the budget by 2/3rds and cut Washington until its balanced, we must stop them from gathering power and distributing wealth to those who vote for them..this debt is killing or already has killed us..
The list, ping
Let me know if you would like to be on or off the ping list
So Gibbs now recommends a majority of Congress vote against raising the limit because it’s going to pass anyway?
i hope the republicans are aware that they won’t be able to hold the debt ceiling as leverage for much of anything if obama know its an attempt threat. Make obama repeal obamacare
What a goober moron, hope he keeps talking.
“Gibbs: Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would Pass Anyway”
What a principled stand by Barky.
As Veronique De Rugy as written, raising the debt limit is a bad idea and if Republicans have to do it, it should be in exchange for a spending cap and a series of spending cuts. In other words, the GOP should put a stop to making it easier to spend with borrowed money.
Robert Gibbs jumps ship, David Axelrod jumps ship, Rahm Emanuel jumps ship. Oh, yes, the Democrat low life and their butt licking media are all saying they are working on the Obama re-election effort and the Chicago Mayor thing in Rahm’s case, but the truth be known, they know Obama is done for and are pulling the CYA act right now!!! Obama is going down and they do not want to be near him when he sinks into failure and shame. Actually any Democrat with half a brain should drop Obama like a bad habit. As a matter of fact “all” American voters should broom this imposter and incompetent right now!!!
That would be awesome to force Obama’s hand like that. You need to have Speaker Boehner’s ear.
If i owe a huge credit card balance, and the bank wont give me another credit card to use to pay on the original one,,,,is the bank damaging my “full faith and credit and good name” in the eyes of others?
Interesting concept
attempt=empty i mean
So in other words the kenyan has NO PRINCIPLES, and just plays to the crowd. What a spineless hack we have in the white hut. Why doesn't he do us all a favor and just stay on vacation for the next 2 years until we can elect a real President.
Demorat Leadership depends on the Absolute Stupidity and Ignorance of it’s Voters! They don’t just FlipFlop! Rats Lie thru their Arse’s!
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