Bush official: Debt ceiling foes are ‘al Qaeda terrorists’

From The Hill:

“Former Treasury Secretary Paul O’Neill compared lawmakers trying to block raising the debt ceiling to “al Qaeda terrorists.”

“The people who are threatening not to pass the debt ceiling are our version of al Qaeda terrorists. Really,” O’Neill, Treasury secretary in the Republican administration of George W. Bush, said Wednesday in an interview with Bloomberg Television’s InBusiness with Margaret Brennan.

“They’re really putting our whole society at risk by threatening to round up 50 percent of the members of the Congress, who are loony, who would put our credit at risk,” O’Neill said.”

O’Neill, you may recall, was fired in 2002 after warning the Bush administration that a second round of tax cuts, following the initial round in 2001, would create a huge deficit, especially with a new war in Iraq underway.

After O’Neill brought up his concerns to his friend Dick Cheney, the vice president infamously responded:

“You know, Paul, Reagan proved that deficits don’t matter. We won the mid-term elections, this is our due.”

– Jay Bookman

428 comments Add your comment

Lil' Barry Bailout

April 27th, 2011
9:56 pm

Jay
April 27th, 2011
9:07 pm

Know It, if they blamed it on ObamaCare, then you and your employer got screwed and lied to.
—————————

Wrong. As just one small example, do you suppose it costs nothing to allow adults up to age 26 to stay on their Mommy and Daddy’s policy?

ObozoCare bends the cost curve…up, for folks who work for a living.

Dave R.

April 27th, 2011
9:57 pm

In fact, getaclue, you are the epitome of the worthless poster:

Comment without substance.

getalife

April 27th, 2011
9:59 pm

dave,

We are passed the point of taking you cons seriously.

Nobody believes a word a con types.

You cons did it to your yourselves and have nobody else to blame.

Kamchak

April 27th, 2011
10:02 pm

We are passed the point of taking you cons seriously.

Nobody believes a word a con types.

You cons did it to your yourselves and have nobody else to blame.

Word.

Mick

April 27th, 2011
10:02 pm

dave r

Until I read some definitive proof, I think you should table your statement, hearsay doesn’t count…

finn mccool

April 27th, 2011
10:02 pm

If its not about the birth certificate causee now we aere on the college transcripts then what is it really about? Like we’ve said all along – race. Deligitimize the presidency of a black man. I’m calling the spade a spade from here on out

Dave R.

April 27th, 2011
10:07 pm

“We are passed the point of taking you cons seriously.”

We? Somebody have a mouse in their pocket?

“Nobody believes a word a con types.”

Oh, you’ve talked to everybody, have you?

“You cons did it to your yourselves and have nobody else to blame.”

I am so far above your limited knowledge and definition of “con”, that you can’t even imagine it, getaclue.

Now, if you need some testicular fortitude in order to actually answer my question, I am sure that Hillary has some you can borrow. Oh, and if you’re keeping score, you just made three successive comments without substance in one post. Par for the course for you.

Lil' Barry Bailout

April 27th, 2011
10:07 pm

Caterpillar said [Obozocare] would cost the company at least $100 million more in the first year alone.

http://online.wsj.com/article/SB10001424052748703312504575141642402986422.html?mod=WSJ_hp_mostpop_read
—————–

Don’t let facts interfere with your Idiot Messiah’s sermon, chumps.

Real Scooter

April 27th, 2011
10:08 pm

Dave R.

April 27th, 2011
9:57 pm

Dang dude,you have more balls than a pool table when it comes to fending off the lefty loonies all by yourself. :grin:

Dave R.

April 27th, 2011
10:09 pm

“Until I read some definitive proof, I think you should table your statement, hearsay doesn’t count…”

Sorry, Mick, but Congressmen going on the CBS Sunday show, talking about their own votes, is good enough for me. You don’t think Schieffer wouldn’t have been all over him if he wasn’t telling the truth? It’s not like they were on Fox, after all.

Lil' Barry Bailout

April 27th, 2011
10:10 pm

Higher premiums, reduced benefits, lost jobs. Those are the very real effects of Obozocare in year one.

Dave R.

April 27th, 2011
10:10 pm

Thanks, Scoot!

getalife

April 27th, 2011
10:10 pm

How many times did w raise it and what was the con response dave?

Real Scooter

April 27th, 2011
10:11 pm

oops,I see LBB is here to help you! yee haw

vuduchld

April 27th, 2011
10:12 pm

You fools know all about going broke, you have a bankrupt gubner remember

getalife

April 27th, 2011
10:13 pm

lil w bailout,

Your failed party does know about losing millions of jobs.

finn mccool

April 27th, 2011
10:15 pm

Real scooter, good choice of words cause I think dave is a little obsessed with testIcles and testicular fortitude.

Maybe the google will work for dave when he types that in the search?

getalife

April 27th, 2011
10:16 pm

It does not take balls to lie on a blog.

Just sayin.

Dave R.

April 27th, 2011
10:16 pm

Republican Joe Walsh on CBS’s Face the Nation last Sunday:

“Three or four times over the course of the last twenty years Congress has voted not to raise the debt ceiling and it’s taken a few months and then they’ve come together and they’ve raised it. But
over the course of those few months when the debt ceiling wasn’t raised, Armageddon didn’t hit,
the government paid its bills. We’ve got enough government revenues to certainly pay to service
all of our debt.”

Well, isn’t THAT special . . . ? ;)

Lil' Barry Bailout

April 27th, 2011
10:18 pm

Poll Shows Obama Is Losing the Debt Ceiling Debate
By PETER ROFF

The latest national survey from Resurgent Republic shows that President Barack Obama is losing the argument over how best to handle the vote on raising the debt ceiling.

“President Obama’s request that Congress pass another increase in the federal debt limit and his argument that it should be a ‘clean’ debt ceiling increase without preconditions limiting spending,” the groups reports, “meets with overwhelming opposition from voters clearly frustrated by mounting federal debt.”

Obama’s position is supported by only 1 out of every 10 voters, the least popular of three options presented in the survey.

Real Scooter

April 27th, 2011
10:18 pm

Thanks finn! It,s not often when I choose the right words.

Kamchak

April 27th, 2011
10:19 pm

Well, isn’t THAT special . . . ?

A politician talking on TeeVee is special?

No.

Happens every day.

Dave R.

April 27th, 2011
10:20 pm

“How many times did w raise it and what was the con response dave?”

Deflection. Answer the question.

“It does not take balls to lie on a blog.”

As you prove with every post you make, getaclue. Drive-by. Answer the question.

Use the proof I just posted above if you can understand polysyllabic words.

Doggone/GA

April 27th, 2011
10:20 pm

“Republican Joe Walsh on CBS’s Face the Nation last Sunday ”

Uh huh. and 97% of what Planned Parenthood does is abortions

shhhh…not intended to be a factual statement

getalife

April 27th, 2011
10:20 pm

Losing the debt limit argument is too finny lil w.

Your party raises it in ryan’s death budget.

finn mccool

April 27th, 2011
10:21 pm

A republican on a talk show giving opinions. Is he a lawyer by training? Or an economist – you know, the kind of people who do know…..

Lil' Barry Bailout

April 27th, 2011
10:22 pm

Senior citizens prefer the Ryan plan. Thanks for reminding me, gottalie.

Dave R.

April 27th, 2011
10:22 pm

Doggie, as you know, Bob Schieffer is known as one of the most prepared people on TV when it comes to interviewing. You don’t think he’d let THAT particular comment slide by if it weren’t true, do you?

Dave R.

April 27th, 2011
10:24 pm

He’s also been covering D.C. for years, and probably witnessed it.

Real Scooter

April 27th, 2011
10:24 pm

It does not take balls to lie on a blog

I agree with that getalife. But it does take balls to come to a leftist blog site with a difference of opinion. LMAO

Doggone/GA

April 27th, 2011
10:24 pm

“You don’t think he’d let THAT particular comment slide by if it weren’t true, do you?”

I wouldn’t have a clue. I’ve never heard of Bob Schieffer

getalife

April 27th, 2011
10:25 pm

Yeah, those gop town halls are full of people thanking the gop for trying to steal their Medicare lil w.

getalife

April 27th, 2011
10:26 pm

Scooter,

Google troll.

They are trolling on a left wing blog.

Lil' Barry Bailout

April 27th, 2011
10:26 pm

I’ve never heard of town halls.

Tommy Maddox

April 27th, 2011
10:27 pm

Gee – more deficits! Great for the Country but our wives would toss us out for continually doing this kind of foolishness!

Dave R.

April 27th, 2011
10:27 pm

“Your party raises it in ryan’s death budget.”

Yeah, I just love the irony in the above drive-by comment.

If Ryan’s budget DIDN’T contain extra debt, you’d be all over him for cutting off the hands holding the safety net, or other such garbage. Of course it has to go up; but eventually it ends up going down, something Hope & Punt ™ can’t quite accomplish in his pathetic response to Ryan’s.

getalife

April 27th, 2011
10:28 pm

“I’ve never heard of town halls.”

Figures.

You don’t know much about anything.

Dave R.

April 27th, 2011
10:30 pm

“I wouldn’t have a clue. I’ve never heard of Bob Schieffer”

Have you heard of TV, Doggie? Google is your friend:

“Bob Lloyd Schieffer (pronounced /ˈʃiːfər/; born February 25, 1937) is an American television journalist who has been with CBS News since 1969, serving 23 years as anchor on the Saturday edition of CBS Evening News from 1973 to 1996; chief Washington correspondent since 1982, moderator of the Sunday public affairs show Face the Nation since 1991, and, between March 2005 and August 31, 2006, interim weekday anchor of the CBS Evening News.

Schieffer is one of the few journalists to have covered all four of the major Washington national assignments: the White House, the Pentagon, United States Department of State, and United States Congress. His career with CBS has almost exclusively dealt with national politics.”

Now THAT’S a resume!

getalife

April 27th, 2011
10:31 pm

Well, stop crying about it dave.

Lil' Barry Bailout

April 27th, 2011
10:31 pm

I’ve never heard of knowing much about anything.

Lil' Barry Bailout

April 27th, 2011
10:33 pm

gottalie still loves playing “I’m not touching you” with his adult acquaintances.

Real Scooter

April 27th, 2011
10:33 pm

They are trolling on a left wing blog.

Think about it this way getalife. If they didn’t come here to troll you would have nothing better to do but sing Kumbuya all day. :grin: And pass that bong dude!

Dave R.

April 27th, 2011
10:34 pm

And someone not afraid to ask the tough questions, either, Doggie. From Newsbusters:

CBS’s Bob Schieffer on Sunday mocked President Obama’s senior adviser David Axelrod for echoing last week’s unsubstantiated charge by a liberal website that the Chamber of Commerce is funneling foreign money to support Republican candidates.

“The New York Times looked into the Chamber specifically and said the Chamber really isn’t putting foreign money into the campaign,” said the Face the Nation host.

“This part about foreign money, that appears to be peanuts,” chided Schieffer.

When Axelrod continued to press the issue, Schieffer said almost laughing, “If the only charge, three weeks into the election that the Democrats can make is that there’s somehow this may or may not be foreign money coming into the campaign, is that the best you can do?”

yuzeyurbrane

April 27th, 2011
10:34 pm

O’Neill speaks the truth. But Teapartiers “can’t handle the truth” to paraphrase Jack Nicholson. If they want to repeal any law then be up front about it and offer a bill on the merits. Up or down. But they won’t do that because very few of their delusional ideas would withstand the scrutiny of open debate. So they engage in these extortionate tactics. I understand O’Neill’s labeling them as being terroristic but think it is a little more nuanced than that. It certainly doesn’t terrorize the Teapartiers because they have deluded them into thinking it will do no harm but they do sense that it terrorizes rational people of all other political stripes. So I chose extortion because I think that is a closer fit, particularly since they obviously have no regard for representative democracy.

Doggone/GA

April 27th, 2011
10:34 pm

“Have you heard of TV, Doggie?”

Yes, actually I have…but I never watch the news on TV. I prefer print media.

getalife

April 27th, 2011
10:35 pm

Good point Scooter :)

We just need better trolls.

Lil' Barry Bailout

April 27th, 2011
10:37 pm

Teapartiers “can’t handle the truth” to paraphrase Jack Nicholson.
———————

You didn’t paraphrase, you quoted. Use your brain.

Midori

April 27th, 2011
10:38 pm

LOL, Getalife — someone needs some links to show just how much seniors just LOVE that Ryan plan? :lol:

getalife

April 27th, 2011
10:38 pm

Bad day huh lil w?

Lil' Barry Bailout

April 27th, 2011
10:38 pm

[Tea Partiers] obviously have no regard for representative democracy.
——————

That explains why they went to all that trouble to get their preferred candidates elected last November.

Think before posting.

Dave R.

April 27th, 2011
10:41 pm

“It certainly doesn’t terrorize the Teapartiers because they have deluded them into thinking it will do no harm”

Deluded? History SHOWS not raising the debt ceiling immediately does no harm.

Got anything else?

getalife

April 27th, 2011
10:41 pm

Midori,

They just want their party to get their corrupt hands on their own Medicare.

And then pretend to be intelligent.

Unbelievable.

Dave R.

April 27th, 2011
10:43 pm

“I prefer print media.”

Well that explains your narrow view on so many issues . . . :D

Doggone/GA

April 27th, 2011
10:45 pm

“Well that explains your narrow view on so many issues ”

Without knowing WHICH print media I frequent, you can’t begin to know that.

Dave R.

April 27th, 2011
10:48 pm

“Without knowing WHICH print media I frequent, you can’t begin to know that.”

That you only use one type of source, ignoring the electronic media, pretty much shows a narrow view, Doggie.

Dave R.

April 27th, 2011
10:51 pm

And since it is so late, and none of you libs are man or woman enough to answer my query on the subject of this article, it is time to go to bed.

Try thinking the question through tonight; if you are even remotely intellectually honest, you’ll know that all this poutrage is simply manufactured for story value.

Lil' Barry Bailout

April 27th, 2011
10:51 pm

Your Idiot Messiah is on track to add as much to the public debt in three years as our President Bush did in eight. And the Democrat party wants to allow him to continue this stellar performance with no limits.

Sorry, libbtards, but the adults have arrived. Ain’t gonna happen.

Doggone/GA

April 27th, 2011
10:53 pm

“That you only use one type of source, ignoring the electronic media, pretty much shows a narrow view, Doggie.”

I don’t agree

Kamchak

April 27th, 2011
10:53 pm

…and none of you libs are man or woman enough to answer my query on the subject of this article…

We’re just not that into you, sport.

Breaks your heart..

I know.

Lil' Barry Bailout

April 27th, 2011
10:58 pm

Bush official: Debt ceiling foes are ‘al Qaeda terrorists’
5:35 pm April 27, 2011, by Jay
————————-

Since it’s the Democrat party that opposes the ceiling, I have no choice but to agree. Democrats are al Qaeda terrorists.

Nicely done, Jay.

Thulsa Doom

April 27th, 2011
11:18 pm

So glad the Mr. Transparency prez decided to release his birth certificate and put a rest to this nonsense so that we can now have him verify just how he managed to get into ivy league schools like Columbia and Harvard law with allegedly poor grades.

After that perhaps he can splain why he drove the country another nearly 5 trillion into debt, then splain why we have 3 wars now, then splain why the FY 2011 deficit is 1.65 trillion, then splain why his own administration projects deficits through 2011, then splain why unemployment is still near 9 1/2 % nearly 2 1/2 years into his presidency, then splain why we are now experiencing hyperinflation, then splain why the U.S. will subsidize Brazilian offshore oil but do everything in their power to stop us from exploiting our own oil, then splain why nearly half the country isn’t paying any federal taxes, then splain, then splain why the dollar is so weak in his presidency, then splain why gas is going through the roof, then splain why his weak ass can’t get the Saudis to ramp up production instead of what they did 3 days ago which was to decrease production so that our poor and middle class people are going to be hurting even more in the coming months. Bottom line- the community organizer got some splainin to do.

Mick

April 27th, 2011
11:26 pm

**so that we can now have him verify just how he managed to get into ivy league schools like Columbia and Harvard law with allegedly poor grades. **

And your source is – trump? Need not go any further…

Atlanta 1

April 27th, 2011
11:28 pm

We bring in plenty more than the interest on the debt we owe. The problem is that we have MASSIVE programs that cost a fortune.

If the debt ceiling does not go up, the Fed will still have PLENTY of money to pay the interest on the debt.

By not raising the ceiling on the debt, it forces our President to make some decisions. Default on debt or not fund other parts of government.

Fact…

Thulsa Doom

April 27th, 2011
11:31 pm

Mick,

Then perhaps Obama can just show his transcripts. If he was a great student then he would just get to say the big F u to trump and others. Its a win win for Obama. Get it all out there.

Mick

April 27th, 2011
11:32 pm

doom & lil bb

Read it and weep, the truth outguns your propaganda hyperbole; find another canard-
http://www.salon.com/news/budget_showdown/index.html?story=/tech/htww/2011/04/27/the_big_obama_spending_lie

Mick

April 27th, 2011
11:36 pm

doom

How come no one demanded any other president release college transcripts? How come the vp candidate palin wasn’t asked to? This is all afterbirther bs, you’d have more cred. complaining about gas prices or something substancial instead of these coded racist sideshows…

Mick

April 27th, 2011
11:42 pm

Besides, where does it end? Will you be happy to see his certificate of circumcision? Roger out..

Thulsa Doom

April 27th, 2011
11:44 pm

Mick,

Very simple. Lots of people can verify where Palin was- Alaska after all is a very small population state. The thing with Obama is that nobody knows anything about the man’s past. You don’t find that odd? Its like the man’s background got a complete pass from the liberal media in the prez campaign of 08. People have found out that the man is not trustworthy and so now they’re demanding to know more about his background- questions that shoulda been explored 3 years ago but weren’t. As for other presidential candidates many of them were asked for their transcripts and many provided them.

Thulsa Doom

April 27th, 2011
11:47 pm

Mick,

Nope. We can move on. I posted numerous times on these blogs that I thought the whole birther question was nonsense and that he was born in Hawaii. But the point is that a lot of independents and not just conservatives began to believe this nonsense? Why is that Mick? Its because by his actions and his lack of transparency people simply don’t trust the man. Its that simple.

TnGelding

April 27th, 2011
11:50 pm

kayaker 71

April 27th, 2011
7:13 pm

We don’t need a drop of oil from the ME. We take it from the Saudis as a courtesy.

TnGelding

April 27th, 2011
11:59 pm

Bush and Reagan are responsible for policices that accounted for nearly 90% of the national debt. That’s a fact. Obama would have had to end the wars, dismantle Homeland Security and scrap Medicare Part ‘D’ on inauguration day to reduce the 2009 deficit. He did add over $400 billion to it to stimulate Bush’s failed economy, something most, but not all, economists agreed with.

Thulsa Doom

April 28th, 2011
12:08 am

TnGelding,

The debt now stands at 14 trillion. So if Bush added roughly 4 trillion and the debt in 1990 was 3 trillion and we falsely attributed all 3 trillion of that debt to Reagan then how is it that 7 trillion equals 90% of 14 trillion. And that’s if we attribute all of the 3 trillion in debt that stood in 1990 to Reagan alone.

Here’s the total U.S. national debt, 1990 – current and it comes directly from the U.S. treasury.
09/30/2009 11,909,829,003,511.75
09/30/2008 10,024,724,896,912.49
09/30/2007 9,007,653,372,262.48
09/30/2006 8,506,973,899,215.23
09/30/2005 7,932,709,661,723.50
09/30/2004 7,379,052,696,330.32
09/30/2003 6,783,231,062,743.62
09/30/2002 6,228,235,965,597.16
09/30/2001 5,807,463,412,200.06
09/30/2000 5,674,178,209,886.86
09/30/1999 5,656,270,901,615.43
09/30/1998 5,526,193,008,897.62
09/30/1997 5,413,146,011,397.34
09/30/1996 5,224,810,939,135.73
09/29/1995 4,973,982,900,709.39
09/30/1994 4,692,749,910,013.32
09/30/1993 4,411,488,883,139.38
09/30/1992 4,064,620,655,521.66
09/30/1991 3,665,303,351,697.03
09/28/1990 3,233,313,451,777.25

TnGelding

April 28th, 2011
12:11 am

The debt ceiling will be raised. But Congress and the WH have to agree to no new spending and a process to review and eliminate current spending that is ineffective and freeze spending on programs that are. Pentagon contracts will have to be extended and some systems delayed.

09/11 was responsible for at least $3 trillion of the debt, not Obama. We need to unravel the tangled web created in its aftermath to keep it from costing us trillions more in coming years. We can start by defederalizing the baggage screeners. After all, they did nothing wrong on that fateful day. It was the airlines that dropped the ball, allowing goons that were flagged by the CRS to board.

Thulsa Doom

April 28th, 2011
12:11 am

TnGelding,

I’ll take the 6 middle years of the Bush economy any day over the collapse we are now experiencing under Obama. Record shattering unemployment, rampant inflation that is getting ugly in a hurry- you seen food prices lately, gas that is about to hit historic highs, has gone up 36 days in a row with no end in sight, and nearly 5 trillion in newly added debt in a mere 2 1/4 years. You can’t possibly be serious.

Thulsa Doom

April 28th, 2011
12:13 am

09/11 happened under Bush’s watch in 2001. If it added to anybody’s deficit numbers it added to Bush’s deficits- not Obama’s. What the hell are you talking about?

TnGelding

April 28th, 2011
12:17 am

Thulsa Doom

April 28th, 2011
12:08 am

What part of policies do you not understand? You can’t turn a lisping ship around on a dime. It takes time. If Bush had remained in office the FY2009 deficit would have been at least #1.3 trillion. It took Clinton 5 years to turn Reagan’s deficits around. And it looks like it’s going to take at least 10 to stop the Bush hemorraghing.

TnGelding

April 28th, 2011
12:20 am

Thulsa Doom

April 28th, 2011
12:11 am

His policies are responsible for today’s deficits, not Obama’s. Revenue is roughly the same as it was during Clinton’s last years.

The overreaction to 09/11 cost us additional money and inconvenience each and every day. THIMK!

Thulsa Doom

April 28th, 2011
12:25 am

TnGelding,

It took Reagan only 2 years to turn around Jimmy Carters stagflation including high unemployment similar to today, interest rates at 16 and 18%, and runaway inflation. It took Bush only a year or so to turn things around after inheriting the Clinton dot.com bust and Bush had 9/11 which also hit the economy hard. What is Obama’s excuse? Is the man going to spend all 4 years playing the blame game? Bush didn’t. Reagan didn’t. And Clinton didn’t. And Clinton gets credit for turning around a very light recession inherited from Bush 1- one of the lightest recessions in U.S. history. It may have taken him years to turn around deficits but I believe the economy was actually growing in the last qtr before Clinton even took office. Look at economic history- other than the great depression it it doesn’t take more than 2 years to turn things around.

TnGelding

April 28th, 2011
12:27 am

Thulsa Doom

April 28th, 2011
12:11 am

It was the 4th year of the Bush administration before the economy started adding jobs, and then they were all wiped out in the last 18 months of his doomed reign. And the aftermath continues today. FY2009 started nearly 4 months before Obama was sworn in and it was Bush’s budget. Obama added to the deficit with the stimulus package, which I’ve already acknowledged. He also added to it with the Christmas tree full of goodies in the December 2010 agreement with the GOP.

Thulsa Doom

April 28th, 2011
12:29 am

Tn Gelding,

Good night. I’m hitting the hay. No point in conversation with you if are going to indeed say that Obama’s deficits are the result of Bush’s policies when Bush hasn’t even been in office in well over 2 years. Was the stimulus Bush’s idea? Nope. It was completely unneeded. You can’t even point to anything tangible that came out of it- just a trillion dollars of money just wasted.

Ya know what? Bush’s deficits were a result of Clinton’s policies and his dot.com bust. See how easy that was to blame his deficits on a previous president?

TnGelding

April 28th, 2011
12:31 am

Thulsa Doom

April 28th, 2011
12:25 am

Jimmy Carter didn’t have a darn thing to do with monetary policy, that’s the job of the Federal Reserve, and Reagan kept Volcker on as chairman. Reagan and Bush stimulated the economy with deficit spending. You can’t reduce taxes and increase spending and not expect debt to accumulate.

TnGelding

April 28th, 2011
12:34 am

Bush’s deficits are mostly due to the reduced tax rates, and they’re responsible for about a third of today’s. I acknowledged that Obama has contributed to them, but most of it is due to his predecessors.

Thulsa Doom

April 28th, 2011
12:35 am

TnGelding,

Bush’s average unemployment numbers were 5.27% through his presidency and of course they did surge up to 7 % his last year in office. But through the duration of his presidency he must have added some jobs for his unemployment numbers to stay that low. And yes- Bush does deserve some credit for the fiscal year deficit of 2009 since fiscal years begin in October. My point though is that after that the obscene spending by Obama is like nothing we’ve ever seen. His own administration projects a 2011 FY budget deficit of a staggering 1.65 trillion and his own administration projects defiicits through 2020. Spending all 4 years blaming someone else is just plain pathetic. He is the president . Bush is at home somewhere in texas doing whatever the hell they do in crawford, tx.

TnGelding

April 28th, 2011
12:37 am

Thulsa Doom

April 28th, 2011
12:29 am

Sleep tight, and do a little research into budgets and deficits tomorrow. You can’t break it down into neat llttle 4 or 8 year cycles.

Suffice to say we have quite a mess on our hands. It’s going to take the wisdom of Solomon and the patience of Job to make any headway.

Thulsa Doom

April 28th, 2011
12:39 am

TnGelding,

No. Do not blame the Bush tax cuts for todays deficits. Obama has the presidency and control of both houses of Congress for 2 years. Don’t even go there. He could all the power and could have done something- he chose not to.

Thulsa Doom

April 28th, 2011
12:39 am

TnGelding,

Over and out.

TnGelding

April 28th, 2011
12:42 am

Bush submitted the $3 trillion FY2009 budget, Obama didn’t. The first in our history I might add. He also gets credit for the first $2 trillion and Reagan topped a trillion for the first time. If the tax changes had been allowed to expire as scheduled, this year’s deficit wouldn’t be nearly as bad. The recession caused revenue to plummet and expenses to soar.

TnGelding

April 28th, 2011
12:43 am

I itemized what he would have had to do. Do you think that was feasible?

Michael G.

April 28th, 2011
1:47 am

Jay,

Can you please explain to us why Harry Reid and Barry Obama opposed raising the debt ceiling in 2006, but now see raising the debt ceiling as imperative? Just wondering. I’ll be waiting with anticipation for your answer.

Jimmy62

April 28th, 2011
2:44 am

If someone held a gun to your head and said, “You must spend beyond your budget or else” then the person with the gun would be called the terrorist. Only a Democrat would call fiscal discipline “terrorism.”

Tundra Dude

April 28th, 2011
2:44 am

say it ain’t so…..

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. 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.”~Illinois Senator Obama, March 16, 2006

stands for decibels

April 28th, 2011
5:54 am

You know what this thread needs? More commenters who think that nobody has read or heard Illinois Senator Obama’s March 16, 2006 remarks, and thought about them already.

Boy howdy that never gets old.

Rightwing Troll

April 28th, 2011
6:32 am

Only the OTHER guy’s deficits matter, this point was driven home by the nuts cheering for 8 years and now incessently whining and crying for the last two…

AmVet

April 28th, 2011
6:42 am

Morning, all.

“Its that simple.”

Yes, to the simple minded, probably so.

i.e. what a load of ____ by Thulsa as an attempt to explain away the right-wing, ridiculous rubes and pals who not only loathe the president, they STILL don’t think he is an American.

For you lamebrains who grab at ANY straw that fits in with your bizarre nonsense…

http://www.youtube.com/watch?v=_wiYdUe36_Q

Over and out.

Chris Matthews

April 28th, 2011
6:58 am

Don’t raise the debt! Obama is bringing this country down fast! Sad that we have a President that hates America!

Granny Godzilla

April 28th, 2011
7:06 am

Nothing would please me more than to have the GOP continue to sell the snake oil that is supply side economics in the run up to 2012.

It’s track record is so……underwhelming.

Joel Edge

April 28th, 2011
7:08 am

Why not, Jay. You seem to be shocked when extreme language coames from the mouths of conservatives. Not so shocked for liberals.

Paul

April 28th, 2011
7:23 am

Jefferson

April 28th, 2011
7:29 am

Part of the plan to get revenues up to spending levels will require this increase of the debt limit. Those who don’t want to raise it would cause damage without solving anything, this is the GOP plan, quite traitorous.

Southern Comfort (aka The Man)

April 28th, 2011
7:30 am

morning folks…

Missed most of the conversation last night because of the happenings in AL. Running on about 2hrs of sleep, so I disavow anything that I post today. I’m already playing the exhaustion card. :)