Debt Ceiling Fiasco Again Shows Obama Polarizing, Dishonest And In Over His Head

First of all, this debt ceiling issue is critical and could literally lead to the complete collapse of the United States.

The U.S. dollar is the official global “reserve” currency.  Commodities such as oil are bought and sold exclusively in dollars.  And because of this status, the United States is not only able to purchase these commodities much more cheaply than other nations, but it can borrow more and finance its debt at far cheaper interest rates.

Here is an article dated 10 February 2011 containing a VERY ominous threat to the status of the dollars as the reserve currency:

NEW YORK (CNNMoney) — The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.

Major countries such as China, Russia, India and Brazil have already determined that they want to END the almighty status of the U.S. dollar.

And note all of these articles precede the current “debt ceiling fiasco.”  Which is to say that this was ALREADY a growing crisis.

If the United States defaults on any of its debt – or even if the U.S. credit rating is downgraded - the consequences could be utterly devastating.  Our low interest rates will shoot upward beyond our ability to continue financing debt; we will suddenly have economy-killing oil and commodity prices.

This wouldn’t have been such a terrible crisis if Obama had been honest and promised that the U.S. would and could meet its obligations.  Instead he used the debt ceiling deadline (said “deadline” already having been changed three previous times) to dishonestly demagogue and fearmonger the crisis ala Rahm Emanuel’s “never let a serious crisis go to waste” advice.  In short, OBAMA LARGELY MANUFACTURED THIS CRISIS.  Because all the rating agencies have done is take Obama’s demagogic rhetoric seriously.

I have said a number of times on this blog that when the Unites States financially implodes, it will happen very fast.  And this could be the last card in the house that makes the whole unstable structure come crashing down.

And here’s the thing.  Who is leading America through this minefield?

Barack Hussein Obama.

He is THE most inexperienced and unqualified president in U.S. history.  Hillary Clinton RIGHTLY ran the “3 A.M.” ad against him:

Joe Biden RIGHTLY said Obama was not ready to be president:

Sen. Joe Biden (D-DE) Reaffirmed That Obama Was Not Ready To Be Commander In Chief. ABC‘s George Stephanopoulos: “You were asked is he ready. You said ‘I think he can be ready, but right now I don’t believe he is. The presidency is not something that lends itself to on-the-job training.’” Sen. Biden: “I think that I stand by the statement.” (ABC’s “This Week,” 8/19/07)

Sen. Biden: “Having talking points on foreign policy doesn’t get you there.” (“Biden Lashes Out At Obama,” ABC News’ “Political Radar” Blog, blogs.abcnews.com, 8/2/07)

Barack Obama’s primary qualification for being president was that he had been a U.S. Senator for only 142 days prior to announcing his run for the presidency.  Prior to that, he had been a nobody.  He had been a nobody Illinois state senator.  He had been a community agitator.  He had NEVER ran a business and he had NEVER met a payroll.

Barack Obama is also THE most liberal and radical president.  He was THE most liberal Senator in the entire nation prior to announcing his run for the presidency.

Barack Obama is also the most divisive and polarizing man to ever serve as a president of the United States.  And to quote:

“President Barack Obama is the most polarizing president in American history, according to a poll released by the Gallup organization Monday.

The average difference in Obama’s approval ratings between Democrats and Republicans turned out to be 65 percent — the highest first-year gap of any president so measured.”

And Obama is the most cynical and dishonest president in United States history.

Obama ran as a transformative candidate who would transcend the political divides.  As the New York Times wrote:

WASHINGTON — At the core of Senator Barack Obama’s presidential campaign is a promise that he can transcend the starkly red-and-blue politics of the last 15 years, end the partisan and ideological wars and build a new governing majority.

To achieve the change the country wants, he says, “we need a leader who can finally move beyond the divisive politics of Washington and bring Democrats, independents and Republicans together to get things done.”

But this promise leads, inevitably, to a question: Can such a majority be built and led by Mr. Obama, whose voting record was, by one ranking, the most liberal in the Senate last year?

History proves that was an evil lie.  You just TRY to show me how this country is more unified now than it had been.  Anybody who isn’t an abject MORON knows that’s ridiculous.  And if you’re a liberal and want to argue that Obama’s failure to fulfill the above promises was somehow all Republicans’ faults, then let me simply point out that it was an incredibly STUPID as well as incredibly dishonest and cynical promise to make.  Because only the worst and frankly most demented of fools would not have realized that the other party would not follow him like some pied piper.

But when you read my article that refers to the New York Times article above, you will immediately see that Obama never even bothered to TRY to live up to his “core promise.”  He was divisive and imperious from his very first day.  Obama poisoned the well between Democrats and Republicans with his “I won” crap.  He shoved a “stimulus” that ultimately was a $3.27 TRILLION Keynesian boondoggle down the nation’s throat on a bunch of false promises that it would create jobs and get America out of recession.  He shoved a terribly unpopular socialist takeover of our medical system.  Everything the man has done has polarized and divided the nation.

By the way, Obama’s dishonesty literally permeates from Obama’s very first decision to even break his promise and run for president:

SEN. OBAMA: I will serve out my full six-year term. You know, Tim, if you get asked enough, sooner or later you get weary and you start looking for new ways of saying things, but my thinking has not changed.

MR. RUSSERT: But, but—so you will not run for president or vice president in 2008?

SEN. OBAMA: I will not.

Governor Chris Christie has similarly promised he would not run for president.  I have a feeling that Christie is a far more honest man than Obama and will stick to his word.  More on that later.

Obama began his presidency by breaking his promise not to run for president.  Obama’s “core promise” is now clearly revealed to have been a cynical lie.  The man has lied without shame so many times it is unreal.  And it becomes ridiculous to try to keep track of his lies.

Obama is also a pathetic incompetent.  He is a disgrace to the presidency.  He presided over a Democrat Party that had complete control of both the House and the Senate and his government couldn’t even produce a budget.  It was an unprecedented dereliction of a basic duty.  And we’re at something like the 815 day mark since the Democrats last passed a budget.  And Obama was the man in charge of this abject fiasco.

And then when Obama himself finally came up with a budget earlier this year, it was just a useless piece of garbage that it was voted down 97-0 in the DEMOCRAT-CONTROLLED United States Senate, with not even one DEMOCRAT able to say, “This budget WASN’T the brain-dead result of a complete fool who is an utter disgrace to this country.”  Obama is out doing press conference after press conference pretending that he wants to reduce the deficit; BULLCRAP!  That terrible budget fiasco he submitted would have added $12 TRILLION to our debt!!!

And if you’re fool enough to try to argue that Obama ISN’T incompetent, you explain those two facts.  You explain how Obama and his party could preside over this kind of complete failure to perform even the most basic function of governance.

Yesterday Harry Reid shut down any vote of the House-passed cut, cap and balance bill.  That bill has the distinction of being the ONLY bill that has passed either house of Congress or the White House that would solve our debt ceiling crisis, for what it’s worth.  No vote.  No debate.  Harry Reid just shut both down using his status as Majority Leader.  Reid called the cut, cap and balance bill “weak and senseless” and “perhaps some of the worst legislation in the history  of this country.”  Apparently because this racist bigot Reid liked the Fugitive Slave Act that his Democrat party once passed.

Meanwhile, the Democrats who refused to even DEBATE or VOTE on the ONLY bill that ANYBODY has passed to solve our debt crisis continue to say that Republicans are “unreasonable.”  Because apparently shutting down discussion on the ONLY piece of legislation we’ve got to save this country is “reasonable.”

So Democrats don’t have anything to offer but demagoguery and demonization.

Obama is discussing some kind of deal without bothering to have anything on the table.  Speaker of the House Boehner has described negotiating with Obama as trying to negotiate with Jello that’s been left out of the refrigerator.  He’s all over the place because he doesn’t have any proposal of his own to adhere to.

Senator Jon Kyle said:

SEN. KYL: But we have no idea what he’s talking about.  That’s the problem. Republicans are not willing to make a deal based upon some vague commitment that, sometime in the future, the president might be willing to look at something that he won’t identify.

It is an abject disgrace and a complete failure of leadership that Obama doesn’t have a plan to argue from or rally consensus to.

Oh, oh.  I just said “failure of leadership.”  Which forces me to quote Barack Obama on what even asking for an increase in the debt ceiling means in his own words:

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … 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 and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

That remark from Barack Obama alone epitomizes why this fool has ZERO BUSINESS being president of the United States.  The VERY WORST THING any Democrat can possibly say about Republicans is that they are being as despicable and cynical as THEIR OWN WORTHLESS DISGRACE OF A PRESIDENT.

How DARE this fraud lecture anybody about anything related to the debt ceiling after his own shrill demagoguery?!?!?

And so here we are.  We’ve got a president who is clearly incompetent, who has proven himself untrustworthy, attempting to pass a deal without having any kind of a plan whatsoever about what he wants to get done.  Republicans have nothing to examine and nobody to trust.

Republicans have been burned more than once by dishonest Democrats who want tax hikes now and promise cuts later.  The fact of the matter is that no agreement can bind a future Congress.

We may well be going down because we voted for the Antichrist’s useful idiot.  In voting for Barack Obama, we voted to cut our own throats.

Just remember this is God damn America.  And we’re getting precisely what we voted for.

One last thing.  The ONLY reason we “need” to raise our debt ceiling is because Washington CANNOT get it’s act together and CANNOT stop itself from reckless spending.  We need to cut spending, not raise our debt ceilings over and over again.  We need a balanced budget amendment, not four more years of Obama’s reckless policies.

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7 Responses to “Debt Ceiling Fiasco Again Shows Obama Polarizing, Dishonest And In Over His Head”

  1. The Dauntless Conservative Says:

    MichaelE: Even S&P is warning of this situation and what does obamarx an the demoncracKKKs do? Their ignorance is ever before them.

    http://www.marketwatch.com/story/sp-warns-on-us-debt-50-chance-of-downgrade-2011-07-14

    http://www.newsmax.com/Newsfront/s-p-gop-default/2011/07/22/id/404540

  2. Diane Vose Says:

    You are blaming Obama for the sins of the Republicans who insist on protecting the wealthy. The US is becoming a nation of the haves & have nots–so remember that when the Revolution comes . . . to our country.

  3. Michael Eden Says:

    Diane,

    A couple of things.

    First of all, you are RIGHT in saying that when the violence and revolution comes to this country, it will be the LEFT that starts it. But you are wrong about the “why” of that. The actual WHY is BECAUSE the left is intrinsically violent and always HAS been. In our own country we go back to the 1960s and the violent groups like Students for a Democratic Society, the Weathermen (and Obama’s terrorist pal William Ayers) and the Black Panthers (with Obama and his pal Eric Holder refusing to bring a New Black Panther who wants to kill “white cracker whores” AND their babies to violent ends in the NEXT revolution).

    Presumably you’re female, Diane. You wouldn’t happen to be a “white, dirty cracker whore,” would you???

    All that to say that of course a violent revolution is coming. Because there are too many people who think like you to NOT have one.

    But you know what it makes you to threaten violence if people don’t give you what you want, Diane? An extortionist and a terrorist.

    That was one.

    Here’s the next thing. “Republicans are protecting the wealthy,” are they? You’re really quite the ignorant one, aren’t you?

    Consider this:

    NEW YORK Wall Street is supposed to have lost love for President Barack Obama since his election, but early donations suggest he actually is doing better with the finance industry this time around.

    Among big fundraisers, Obama’s re-election campaign has drawn close to a third of his money from the industry, up from 20 percent during his 2008 campaign, according to an analysis by the Center for Responsive Politics.

    The amount raised so far is more than two-thirds what Wall Street elites helped Obama raise in his entire 2008 campaign. And it is enough to make the finance world the single largest source of big-ticket donations for Obama. By comparison, the legal profession was his top source in 2008.

    And consider that in 2008, Barack Obama took more money from corrupt Wall Street player Lehman Brothers THAN ANYBODY. And Lehman Brothers was as responsible for the 2008 collapse as ANYONE in the private sector.

    Which is to say it is really quite remarkable that the “wealthy” don’t know what you think YOU know, Diane. They seem to believe that Obama will make their rich, cozy lives quite a bit richer and cozier.

    There’s something called “crony capitalism,” which is basically fascism. A lot of big corporations (try GE as just one example) find that they can make a LOT of money off the government. You notice that GE makes all kinds of money benefitting from regulations Democrats have passed, pays ZERO income taxes, and then gives Democrats back a bunch of money in campaign donations. Nice racket. Particularly given that there are people who are actually dumb enough to believe that these same Democrats give a damn about little people when this crap is going on all around them.

    That’s a second thing.

    But here’s yet a third thing that you clearly can’t understand. I write about it and document it in articles like this one: http://startthinkingright.wordpress.com/2011/07/11/ap-reported-fact-u-s-economy-the-worst-since-the-last-time-we-let-a-socialist-run-it/ Every time we raise the income tax rates the way you and Obama want, the rich end up paying LESS and the poor end up paying MORE.

    The following data shows that while FDR kept raising income tax rates on the rich, the percentage of revenue collected from income taxes kept dropping. And the percentage of excise taxes borne mostly by the poor kept rising:

    FDR's taxes hurt poor

    Why is this, Diane? Because when you hit the rich with sky-high tax rates, they SHELTER their money. Rather than go up, revenues go down. Fewer jobs are created because there is no incentive for the rich to create them. And excise taxes (liquor taxes, cigarette taxes, etc.) which are borne mostly by the poor end up counting for a larger and larger percentage of the revenue.

    It’s happened over and over and over again.

    Here’s another example of how taxes on the rich hurt the POOR far more than the rich: http://startthinkingright.wordpress.com/2010/09/25/tax-hikes-on-rich-proven-moron-stupid-just-ask-maryland/

    But you idiot liberals keep playing the same Marxist class warfare game. It is an evil game that comes from a genuinely evil source. But it seems to suit you people.

    In the early 1990s in the name of making the rich pay their fair share, you liberals passed the luxury tax on things like yachts. You stupidly predicted it would raise all kinds of revenue that would only target the rich.

    But guess what happened? The rich stopped buying yachts. It was like the industry sank like a stone. Hundreds of thousands of workers lost their jobs. People who built yachts and maintained yachts were utterly devastated. You damn liberals gutted the industry until you were forced to rescind the tax a couple of years later.

    And now you’re trying to do the same damn thing with “corporate jets,” because you idiots truly just never learn.

    Don’t tell me that “Republicans protect the wealthy,” Diane. What they protect is anybody who wants a damn job.

    The rich create jobs. They do so by their investment and by their leadership. When the rich are allowed to keep their profit, it provides an incentive for them to benefit the economy and everyone else. When you nasty liberals play your Marxist class warfare games to cynically get votes from stupid people, the rich protect themselves and the economy shuts down.

  4. Michael Eden Says:

    It’s frankly amazing how stupid Democrats are determined to be.

    Think of the luxury tax (http://query.nytimes.com/gst/fullpage.html?res=9F0CE7D81731F935A2575BC0A965958260 )

    Remember how the Democrats were going to “make the rich pay their fair share.” Only what happened is that the rich didn’t pay anything. They quit buying yachts and items under the luxury tax and the workers who built and maintained and docked the yachts lost their jobs and suffered terribly.

    The entire yacht indistry was essentially destroyed.

    And now what are Democrats doing? The same damn thing with “corporate jets.”

    Democrats are bad people. They are literally demonic. And demonic people believe lies and refuse to EVER believe the truth.

  5. The Dauntless Conservative Says:

    ***Diane Vose Says: July 23, 2011 at 7:58 pm
    You are blaming Obama for the sins of the Republicans who insist on protecting the wealthy. The US is becoming a nation of the haves & have nots–so remember that when the Revolution comes . . . to our country.***

    Diane: Sins? what sins are your talking about? Drop the pop culture rhetoric and be specific. How is it that it is the “haves” fault that the “have nots” don’t have what the “haves” have? Must I remind you that the vast majority of “have nots” don’t have because of LIFE CHOICES; they drop out of high school/perform poorly in hs/otherwise don’t pursue an education or skill beyond high school; commit crime in high school/incarceration. According to the FBI 80% of incarcerated are high school drop outs. High school drop out problem is not as bad as it once was, but still a problem. And, teen pregancy plays a contributing factor in the black communitiy. There is a very high percentage of teen pregnancies and the odds are, those children we wind up in poverty because the black mother is at odds of graduating from high school and pursuing education beyond hs.Result: this black child from an unwed mother winds up living with a relative/grandparent/uncle/aunt/ and don’t have the discipline that the NEED from a STABLE home life with CARING parents and more often than not causes problems in the classroom and drops out of hs/or graduates with low grades to the point they cannot get into any post hs institution. As someone who has taught high school at one time, I know what I am talking about.So, what does your obamarx and ilk do? Pander to this group with lies, promise “dem a gubmint check” and claim it is the “rich white folks fault”.
    I am becoming disgusted at the worthless obamarx and his worthless administration and the worthless democrat party that continue there attack on the American people who PRODUCE. The class envy the democrat party displays when they want to raise taxes on the “rich” just gets me red under the collar. Don’t they realize that the people who actually PRODUCE something are the “rich”? They have the heaviest tax burden. If you don’t believe me, then contact the IRS. They keep statistical data that dispels the myths and lies of the worthless democrat party that the “rich” don’t pay their “fair share”. They most certainly do.

    Diane: READ AND WEEP; FACTS FROM THE IRS: As of 2008, the top .1% of paid 18% of individual income tax; top 1% pays 38%; top 5% pay 59%; top 10% pay 70%; top 25% pay 86% and top 50% pay 97%. Yes siree, the democrats/liberals/pop culture media continue to lie and smear the PRODUCERS of this great America. They display the same behavior as union thugs do. As long as democrats/liberals continue their attack on people who PRODUCE, we will continue to have high unemployment. Here it is in black and white:

    http://www.irs.gov/pub/irs-soi/08inratesharesnap.pdf

    http://www.irs.gov/taxstats/

  6. The Dauntless Conservative Says:

    Btw Diane: more and an underlying cause as to why the “have nots” don’t have what the “haves” have.

    “Why Shakir can’t read”

    http://www.americanthinker.com/2008/06/why_shakir_cant_read.html

  7. The Dauntless Conservative Says:

    Diane: I would argue the most (or greates underlying cause of human suffering) destructive of all sins is ENVY. I.e, and evil, sinister desire for power and control of people,material things, and postions of power. One of the worst and most destructive “sins” of YOUR demoncracKKK party is class ENVY. Not to mention killing un born humans and promoting homosexuality as acceptable behavior.

    One of the 10 Commandments; Exodus 20:17

    “You shall not covet your neighbor’s house; you shall not covet your neighbor’s wife, or his male servant, or his female servant, or his ox, or his donkey, or anything that is your neighbor’s.”

    http://www.gnpcb.org/esv/search/?passage=Exodus+20%3A17

    Yes siree; classic demoncracKKK party:, a sinister, evil, hatred and desire of possesions of your neighbor’s that you don’t have, could be argued as the underlying force of all sins.

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