Donate NowPosted on 04/11/2011 7:54:00 PM PDT by tobyhill
If President Obama knew then what he knows now, he would not have voted against raising the debt limit in 2006.
That was the explanation trotted out by the White House Monday, as it sought to square the administration's pleas to Congress to lift the debt ceiling by next month against Obama's voting history. As a senator in 2006, Obama voted against raising the debt limit. But White House Press Secretary Jay Carney said the president now views that vote as a "mistake."
"He now believes it was a mistake," Carney said. He said Obama understands that senators want to make it clear when they disagree with the administration but that there are other ways to go about doing it. He said the debt ceiling vote is not something Washington "can play around with," warning that a failure to lift the cap would be "Armageddon-like" for the economy.
(Excerpt) Read more at foxnews.com ...
The chickens are coming home to Roost. Watch em with Social Security. Now that it is no longer a Cash Cow they both will be about “reforming” it.
“Oh sorry I made a mistake when I said raising the debt limit is bad.”
Maybe some follow up questions might be in order concerning this obvious...”mistake.”
My God! I can hear the clamoring press corp now if a republican were caught in a similar...”mistake.”
Any real journalist out there...hello...
Why doesn’t someone simply ask Mr. Obama what percentage of the budget is the maximum he is willing to devote for paying interest payments. Is he OK with 40%, 50%, 60%, 70%, 80%? At some point the mobs will revolt because their entitlements are not being paid because 90% of the budget is devoted to interest payments on the debt. Then what?
why is this so hard? Where the heck is pointy-ears when you need him
“er Larry ... if you look at this chart you see the rate at which interest payments as a percentage of the budget have gone up over time ....at this rate interest will almost consume x percent of the entire budget by the year y ...”
Even the sheeple may get it if they have someone walk them through the charts. They probably know someone who let interest payments take over their life and know what happens.
No, but he shook a lot of them down as a community agitator.
What happened to the one who campaigned on “Judgement to Lead”?
lol Sounds like him. The The Uh Uh N Chief. Yje teleprompter has more brains than he does.
Let him say it himself...at a news conference.
They only “mistake” Obama sees in that vote is in not voting “present” instead.
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