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Gibbs: Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would..
ABC News ^

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 ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: 2006debtceiling; debtceiling; democrats; obama; youlie
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To: Sub-Driver

Thats gotta be the worst excuse in a long long time.


21 posted on 01/05/2011 2:04:44 PM PST by GeronL (How DARE you have an opinion!!)
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To: Sub-Driver

We can start the cuts with congressional pay. Reduce in half and only raise with the COLA. Cut pension by ninety percent for all members of congress. Cut government workforce by twenty percent and suspend in grade pay increases for six years. Cut all department budgets by ten percent this coming year followed by fifteen percent the next year (only five percent for Defense). Defund obamaScare. Reduce each congressman’s and senator’s staff by fifty percent; reduce their travel and per diem by eighty percent. I’m sure I missed some but that will do for a start!


22 posted on 01/05/2011 2:05:51 PM PST by New Jersey Realist (Congress doesn't care a damn about "we the people")
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To: JLAGRAYFOX

“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!!!”

LOL good observation and right on.


23 posted on 01/05/2011 2:06:08 PM PST by Cheetahcat ( November 4 2008 ,A date which will live in Infamy.)
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To: Sub-Driver

If it wasn’t for double-standards, lefties would have no standards at all.


24 posted on 01/05/2011 2:06:30 PM PST by Monitor (Gun control isn't about guns, it's about control.)
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To: Sub-Driver

Oh, I forgot, if a member of congress does not show up for work (determined by missed votes) dock their pay for the days missed.


25 posted on 01/05/2011 2:07:02 PM PST by New Jersey Realist (Congress doesn't care a damn about "we the people")
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To: Sub-Driver; Mase; 1rudeboy; 10Ring
Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would Pass Anyway

Who does he think he is, Ron Paul?

26 posted on 01/05/2011 8:13:03 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: JLAGRAYFOX
"Robert Gibbs jumps ship, David Axelrod jumps ship, Rahm Emanuel jumps ship."

'Rat's all folks! The Party is over.

27 posted on 01/05/2011 8:13:51 PM PST by Paladin2
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To: Sub-Driver

““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.””

Did he have a teleprompter then? I don’t think so...

I have to admit that this sounds it was spoken by an articulate, well spoken CONSERVATIVE.

Is he a lying SOS or has the teleprompter rotted his brain til he became a Marxist


28 posted on 01/05/2011 8:15:57 PM PST by UnChained (Obama is destroying the dollar...Why?)
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To: Sub-Driver
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure,” then-Senator Obama 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.

______________________________________________

Well, that's gonna leave a mark.

29 posted on 01/05/2011 8:20:06 PM PST by Lancey Howard
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To: Sub-Driver

Gibbs is a “barner”.’Nuff said.


30 posted on 01/05/2011 8:20:23 PM PST by logitech
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To: Sub-Driver
“The fact that we are here today to debate raising America's debt limit is a sign of leadership failure,” then-Senator Obama 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."

I propose that each and every Republican stand and repeat the above Obama quote verbatim during the upcoming debate on (yet again) raising the debt ceiling.

31 posted on 01/05/2011 8:24:27 PM PST by Lancey Howard
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To: elpadre
How does that work??

The same way it always has. You agree to "cut" now, but when the time comes, you spend more.

32 posted on 01/05/2011 9:06:41 PM PST by ProtectOurFreedom
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