Obama obamablunders OBAMANOMICS


The tone of the article is decisively pro-Obama, the journalist even injects his own opinion into an article: “My hunch is that he may have picked the right issue on which to make a stand.”

The main issue about the current drama is that a law on a debt ceiling is about to be set into motion, and that Obama wants congress to basically underwrite his entitlement programs that he rammed through a year ago while giving him another window of opportunity to increase the debt and to raise taxes.

Obama’s healthcare policy is unconstitutional, and needs defunding, quickly, as well as reigning in the debt. There needs to be a constitutional amendment that firmly places the federal government to live within its means. KGS

Barack ‘No Drama’ Obama makes a stand on debt and finally loses his cool

He walked out of a meeting with Republican congressional leaders on deficit reduction, telling them “enough was enough”.

It was the fourth such meeting in as many days to end fruitlessly, and the president’s mounting frustration had been clear.

In a press conference on Monday he ruled out a temporary agreement on raising the US debt limit, insisting “we might as well do it now – pull off the Band-Aid, eat our peas”.

“They’re in one week and they’re out one week,” he said, making his irritation plain. “You need to be here. I’ve been here. I’ve been doing Afghanistan and bin Laden and the Greek crisis. You stay here. Let’s get it done.”

Liberals will ask what took him so long. Losing the public option on health care, failing to close Guantánamo, extending Bush tax cuts for the rich – none of this caused the famously cool operator in the White House to lose his rag. He has often been accused of excessive detachment, of failing to empathise with the plight of ordinary Americans.

More here.


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