We all know the importance of America meeting her financial obligations and the global impact if Washington cannot or will not come together and figure out a way to get the debt ceiling raised. Over 200 world renowned economists recently…
Category: Barack Obama
After eight years of the Bush Administration living way beyond its means and charging up a debt that has now put the country on the brink of disaster, NOW the GOP wants to introduce “cap, cuts and balancing” in their never-ending…
Remarks of President Barack Obama – As Prepared for Delivery Primetime Debt Speech Monday, July 25, 2011 Washington, DC As Prepared for Delivery – Good evening. Tonight, I want to talk about the debate we’ve been having in Washington over…
So you think President Obama has the authority to invoke the 14th Amendment and raise the Debt Ceiling all by himself? Think again. According to the President himself, the debt ceiling is a statutory rule, not a constitution rule. Speaking at…
It was just a matter of time before this came out. A top Republican aide is sending around an email stating that President Obama’s endorsement of the “Gang of Six” just “killed” the bill from passing. The so-called “Gang of Six” is…
His name is Grover Norquist – The author of a pledge that over 230 Republican House members, 41 Republican Senators and more than 1,100 state officeholders, from state representatives to governors have signed. The Pledge forces these members to promise…
Americans are paying attention. In a new poll conducted by CBS, 71% of Americans are against the way the Republicans are handling the debt ceiling issue, with only 21% giving the Republicans their approval. President Obama and the Democrats received…
In his weekly address to the nation, President Obama continued his push for a balanced approach to the nation’s debt problem, and called for Republicans to agree to raising revenues along with spending cuts. “The truth is, you can’t solve our deficit…
For the 3 people in the entire world, who think Mitch McConnell is sincerely trying to work with the President to set America on solid economic ground, this one’s for you. Today, the Republican Senate minority leader clearly stated his reasoning…
When President Obama earlier stated that “nothing is agreed upon until everything is agreed upon”, no one really understood where the President was going in terms of the negotiations concerning raising the debt ceiling. Later when he put forth his plan for…
We all remember Bachmann’s recent signing of a pledge which claimed that children born under slavery were better off than those born after President Obama became President! Well, Steven Colbert picked up on another very interesting piece of info about…
President Obama just set another record, shattering the White House record for presidential election fund-raising in the first 3 months of his re-election campaign. The Obama 2012 Campaign Manager, Jim Messina, made the announcement earlier today stating that in the…