Author Topic: Obmaa offers quote of the year on the debt ceiling  (Read 355 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • America defending Veteran
  • TBR Contributor
  • Hero Member
  • *****
  • Posts: 65,681
  • “It’s easier to fool people than to convince them
Obmaa offers quote of the year on the debt ceiling
« on: October 16, 2013, 11:51:36 AM »
Obama offers quote of the year on the debt ceiling vote

By Dustin Hurst  /   October 10, 2013  /   264 Comments

By Dustin Hurst |

President Barack Obama just delivered what might be the quote of the year.

As Congress continues to butt heads over Obamacare funding and the looming debt ceiling vote, the president’s critics continually knock him for voting against a debt limit hike in 2006 when he was a member of the U.S. Senate.

On Thursday, the president offered a simple explanation.

“Nothing has changed,” Obama told WFLA in an interview. “I voted against a debt ceiling increase at the time because I had some concerns about what President (George W.) Bush was doing.”


Obama’s concerns might have evolved over time, though. During his 2006 floor speech against the increase, he delivered a quote that circulates widely through social media and email chains.

Here it is:

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot 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. Increasing America’s debt weakens us domestically and internationally. 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.

Obama had repeatedly called on Congress to raise the nation’s debt limit without strings attached, but Speaker of the House John Boehner, R-Ohio, proposed Thursday increasing the debt limit only if the president would sit down to negotiate re-opening the government.

« Last Edit: October 16, 2013, 11:52:46 AM by rangerrebew »
Abraham Lincoln:

There is no grievance that is a fit object of redress by mob law.
--January 27, 1838 Lyceum Address

Don't interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties. And not to Democrats alone do I make this appeal, but to all who love these
great and true principles.
--August 27, 1856 Speech at Kalamazoo, Michigan

Let us then turn this government back into the channel in which the framers of the Constitution originally placed it.
--July 10, 1858 Speech at Chicago

Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo