Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

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
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 181-196 next last
To: GeronL
This would be the same thing as abolishing the debt limit

Amen...And that's exactly what Obama and the RATS want. It slays me that people like this are elected to represent us.

41 posted on 11/30/2012 1:54:29 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
[ Post Reply | Private Reply | To 39 | View Replies]

To: soycd
>There is no such party in the USA. There is the democrat party however.

Try to keep informed.

Democratic Party (United States)

42 posted on 11/30/2012 1:57:16 PM PST by Berlin_Freeper
[ Post Reply | Private Reply | To 38 | View Replies]

To: jazusamo

So good old Nazi Pelosi must not remember what Bronco said in 2007 about Bush raising the debt limit...lthat it was a failure in leadership. So does she want Bronco’s presidency to fail? And if so, shouldn’t she be pilloried for that “racist” remark like Boehner was?


43 posted on 11/30/2012 1:58:04 PM PST by Prince of Space (Be Breitbart, baby!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

and the GOP response should be KMA.


44 posted on 11/30/2012 1:59:26 PM PST by Qwackertoo (Going into Politic Free Zone Momma Grizzly hibernation for a while after this week, maybe forever.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo
Pelosi: Give Obama Personal Authority to Lift Limit on National Debt

M Kehoe: Give Jonna personal authority to Lift Limit on our Capital One Credit Card.

I wonder how Capital One feels about this?

We are doomed.

[Jonna=First lady=my wife]

5.56mm

45 posted on 11/30/2012 2:02:47 PM PST by M Kehoe
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

Makes sense to me. Goldman-Sachs is already the fourth branch of government.


46 posted on 11/30/2012 2:02:57 PM PST by GSWarrior
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

I wouldn’t have supported giving this kind of power to Ronald Reagan.


47 posted on 11/30/2012 2:06:49 PM PST by pgkdan (We are witnessing the modern sack of Rome. The barbarians have taken over.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

No. Spending is a constitutional power of the Congress as initiated by the House.

There is an obvious reason the Founders didn’t give power of the purse to the president.....they didn’t want a monarch.

Pelosi is an idiot. (But we already knew that.)


48 posted on 11/30/2012 2:10:23 PM PST by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: jazusamo

More proof that all democrats are for a socialist dictatorship. Democrats want to enslave all Americans taking away all our property and our freedom and putting it all under the control of Obama the piece of crap.

The democrat party is the main threat to our freedom and property and has been for the last 100 years.

Democrats control the media and the media has ruled the country for 100 years, Democrat controlled congress for 40 years before Republicans finally gained a simple majority in 1992 . But in those 40 years Democrat Congresses created most entitlements and government programs


49 posted on 11/30/2012 2:12:21 PM PST by Democrat_media (limit government to 5000 words of laws. how to limit gov Quantify limited government ...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steely Tom

> Heck, why not give him personal authority to suspend the Constitution too, while we’re at it.

They’re working on it. Now that Jamie Foxx has declared him to be god he may go all out. Hopefully God will step in, slap him in the face, and remind him that he’s only human


50 posted on 11/30/2012 2:14:02 PM PST by jsanders2001
[ Post Reply | Private Reply | To 4 | View Replies]

To: pgkdan

Agreed...No president should have that authority.


51 posted on 11/30/2012 2:14:55 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
[ Post Reply | Private Reply | To 47 | View Replies]

To: jazusamo

I’m with ya Pelosi, as long as all my credit cards get no limit either. Fair is fair, right?


52 posted on 11/30/2012 2:15:58 PM PST by jughandle
[ Post Reply | Private Reply | To 1 | View Replies]

To: xzins

Well said FRiend, all of it. :-)


53 posted on 11/30/2012 2:16:44 PM PST by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
[ Post Reply | Private Reply | To 48 | View Replies]

To: Lets Roll NOW

Word is they’re trying to find a clever way to disarm the gun owners but they just won’t fall for it


54 posted on 11/30/2012 2:18:07 PM PST by jsanders2001
[ Post Reply | Private Reply | To 35 | View Replies]

To: Tzimisce

In other words, there will be no limit at all.

Well it is even worse than that. Obama could actually tell congress that they can’t spend any money above the limit unless he approves it. Another element of blackmail used to control congress who always folds to Obama’s will, and the insatiable need for both to spend money.


55 posted on 11/30/2012 2:19:59 PM PST by Revel
[ Post Reply | Private Reply | To 22 | View Replies]

To: jazusamo

The media will agree and the GOP will give in.


56 posted on 11/30/2012 2:20:17 PM PST by austinaero
[ Post Reply | Private Reply | To 1 | View Replies]

To: Puppage
FUNP! TERRORIST IN A PANT SUIT (AND A SCARF)
57 posted on 11/30/2012 2:25:51 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
[ Post Reply | Private Reply | To 2 | View Replies]

To: jazusamo

58 posted on 11/30/2012 2:28:51 PM PST by mikrofon (Send him & Nazi P. there.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: puppypusher
Knowing that bimbo she would burn through that and then some
She doesn't have time for all that she is still reading the obamacare bill.
59 posted on 11/30/2012 2:29:33 PM PST by Bitsy
[ Post Reply | Private Reply | To 16 | View Replies]

To: M Kehoe
No Budget in the Senate since 2008 + No limit on the debt ceiling = CLOWARD & PIVEN (OVERWHELM ENTITLEMENT SYSTEM)
60 posted on 11/30/2012 2:31:46 PM PST by Obama_Is_Sabotaging_America (IMPEACH OBAMA)
[ Post Reply | Private Reply | To 45 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 181-196 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson