Author Topic: President Calls Debt Crisis "Self Created"  (Read 2063 times)

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Offline dandi

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President Calls Debt Crisis "Self Created"
« on: July 21, 2011, 12:19:46 PM »


President calls debt crisis 'self-created'

By: CNN Senior Producer Kevin Bohn

Washington (CNN) – As President Barack Obama sat down with television stations from three key political states, he said he is still hopeful the White House and congressional leadership will come to an agreement to raise the nation's debt ceiling but said politics is interfering.

"This is actually a self-created crisis in some ways. It has to do with folks who are digging into set positions rather than saying how do we solve a problem," the president told KMBC, a CNN affiliate in Kansas City, Missouri.

When asked if people can expect their Social Security checks in August, he told the station it is not guaranteed.

"I am going to do everything in my power to make sure they do. My interest here is not scaring people. I want everyone to understand the consequences. If you don't have money you have to make very difficult choices. The fact of the matter is if you don't raise the debt ceiling then we have more obligations - 70 million checks have to be sent out - and all of those have to be covered."

*snip*

While several of the interviewers pushed him on presidential politics, he mostly stayed above the fray.

http://politicalticker.blogs.cnn.com/2011/07/20/president-calls-debt-crisis-self-created/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_politicalticker+%28Blog%3A+Political+Ticker%29


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Offline CG6468

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Re: President Calls Debt Crisis "Self Created"
« Reply #1 on: July 21, 2011, 12:24:56 PM »
I thought he meant that he created it all by himself. Finally taking responsibility for something.
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Offline DefiantSix

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Re: President Calls Debt Crisis "Self Created"
« Reply #2 on: July 21, 2011, 12:36:26 PM »
Broken clock principle at work here.  The jug-eared muslim is right.

On taking a debt limit increase that even the EEEEEEEEEEEEE-VIL BFEE wouldn't have been able to spend in eight years and blowing it in less than three takes a special (or is that "speshul") kind of stupid - or heretofore unseen levels of active animosity for the country you're bankrupting.  (Note: this says nothing of the even deeper levels of stupidity/animosity that must be present in the Jug-Eared Muslim's enablers in Congress and the Administration.)

So yeah, Barry:  You've created this Debt crisis.  I'm curious to see what you plan to do about it when you run out of ObamaStash® and still have at least another year left to your pResidency in which you'll need to bribe others into seeing your point of view...

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Offline DumbAss Tanker

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Re: President Calls Debt Crisis "Self Created"
« Reply #3 on: July 21, 2011, 02:35:52 PM »
He's right, but not in the sense he meant it.  Purely unintentional, therefore no cookie for him.
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Offline ironhorsedriver

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Re: President Calls Debt Crisis "Self Created"
« Reply #4 on: July 21, 2011, 03:38:27 PM »
Created by Politicians, paid for by us.

Offline DefiantSix

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Re: President Calls Debt Crisis "Self Created"
« Reply #5 on: July 21, 2011, 03:50:48 PM »
Created by Politicians, paid for by us our children, grandchildren, and posterity, 7 generations yet unborn..

Fixed 'er for ya, my friend.
"Stand your ground. Don't fire unless fired upon, but if they mean to have a war, let it begin here."
-- Capt. John Parker

"I'm not looking for forgiveness, and I'm way past asking permission"
-- Capt. Steve Rogers

"In this present crisis, government is not the solution to our problem, government IS the problem."
-- Ronaldus Magnus

Offline ironhorsedriver

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Re: President Calls Debt Crisis "Self Created"
« Reply #6 on: July 21, 2011, 08:40:53 PM »
Fixed 'er for ya, my friend.
Thanks, and unfortunately, they aren't done yet.