Obama Rejects Republican Proposal for Short-Term Debt Limit Plan

[Hamlette]

Last edited Thu Oct 10, 2013, 06:57 PM - Edit history (1)

Source: NYTimes breaking news flash

Obama Rejects Republican Proposal for Short-Term Debt Limit Plan

(no further info just breaking news headline in NYTimes online)

Read more: Link to source

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I'm surpsrised. He's pissed.

Nice backbone Mr. President.

[LiberalLoner]

1. Yes! Thank you President Obama!

Stand firm. This coming from someone who depends on that absent federal worker check. Don't care, I value democracy far above my own well-being and I bet everyone else feels that way too.

[Liberalynn]

56. I get SSD and I feel the same way

Democracy matters more.

[wordpix]

74. and thank you from one who works in DC ---shutting down DC schools could be next

Not that the repukes would care but that would devastate the city. The mayor is asking Congress to be allowed to spend DC's own money collected through DC taxes and Congress won't let the city do that. Heaven forbid a diverse city like DC be allowed to spend its own money without Big (White, Republican) Brother giving the say so.

[freshwest]

78. Wow, awful. They hate the government so much, they're like rabid dogs. Unbelievable to do that, too.

Wait.

What am I saying?

Of course they would!

[AAO]

2. Kick ass!

[hooverville29]

38. Be interesting, October 17, to see who's ass ultimately gets kicked the most & farthest.

Somehow, my experience in life (I'm over 80) leads me to suspect the ones belted the hardest won't be the politicians involved.

[TheDebbieDee]

3. GObama! Hold out for what we NEED!

What do we want? A clean continuing resolution!

And when do we want it? NOW!

[NRaleighLiberal]

4. Bravo. Stay strong!

[displacedtexan]

11. Those Are some gorgeous tomatoes!

Making me hungry for tomatoes, salt & pepper.

[IthinkThereforeIAM]

71. Okay, you did it...

... I managed to find and grow a "brandy boy" hybrid (shame on me) that resemble the tomato in the second image from the left. Sorry to contribute to the hijacking of a thread, but I just had to mention it.

[cal04]

5. Link

http://www.nytimes.com/2013/10/11/us/politics/debt-limit-debate.html?_r=0

[Hamlette]

31. good comments

or mostly good. But a few idiots. Gawd Americans are dumb.

[displacedtexan]

6. Excellent news!

Thanks for posting this!

[MBS]

7. bravo.

[BumRushDaShow]

8. Huzzah!

[Robbins]

9. There goes the cavering cwoad

He is standing tall against the tea party.

Good job Mr president.This is why the american people voted for you.

[elleng]

10. The story

http://www.nytimes.com/2013/10/11/us/politics/debt-limit-debate.html

[displacedtexan]

20. The comments aren't kind to the repukes at all.

One commenter wrote that maybe we should suffer a default now, in order to keep it from ever happening again. Part of me agrees, but I hate to see anyone hurt now when this could be avoided if repukes would do the right thing.

[Liberalynn]

57. +1

That's it in a nutshell. On one hand maybe it is what we need to wake some of the hard heads up, I am speaking John
Q. Public here. It is rotten, however, that the Pukes are punishing everybody just because of their stupidity, their egos, and their endless greed.

[humbled_opinion]

67. but isn't it hard to right fight this

when the legacy of a default will squarely belong to President Obama? Legacy never blames a Congress it always is associated with the Leader at the time. I just can't see the President taking that chance. Another point I find hard to digest is this notion that debt ceilings are not used as negotiation tools by the Congress, Obama himself voted against raising it during Bush's term, his vote than was an effort to negotiate the end of the Iraq war, so it just strikes me as sounding hollow to say these things... Maybe I am wrong, I welcome the debate.

[The Last Dem.]

12. Good Deal.

yes.

"Good job Mr president.This is why the american people voted for you."

[pothos]

13. excellent!

surprised but pleased!

[gopiscrap]

70. welcome to DU

[calimary]

85. Welcome to DU, pothos!

Glad you're here! Many of us feel as you do. President Obama gave in to the infants and sniveling brats WAY too many times during his first term, in an attempt to keep the peace, and all they did in response was stamp their little feet and scream and protest and bitch and complain and demand more. As a parent, he really should have known better. That's not how you raise children - by giving in when they throw temper tantrums. It is VERY nice, and very encouraging and re-energizing to see he's snapped out of it and come to his senses. These republi-CONS need to be treated as exactly what they ARE: spoiled-brat, over-coddled, poorly-raised/disciplined snot-nosed three-year-olds in adult suits.

[Flatpicker]

14. Good

Seeing as how the offer was for nothing more than a short-term break while they get a better grip on the hostage.

[Ratty]

52. Not only that

Looks like they still had demands to even do that!

"In exchange, they sought the president’s commitment to negotiate a deal for long-term deficit reduction and a tax overhaul."

[graywarrior]

15. Hooray!!!!!!

[RiffRandell]

16. Awesome!

Great job, Mr. President!

[Paladin]

17. Good. (nt)

[snappyturtle]

18. Great!

[ctsnowman]

19. K & R

[jsr]

21. Thank you, Mr President.

[bucolic_frolic]

22. Hooooooooooooo-ray!

If he accepts 6 weeks once, it will be every 6 weeks til 2017.

[Kablooie]

23. Yes! He did what he had to do.

I just hope that the Republicans have the common sense to back down soon or we'll all be in a big bucket of trouble.

( Common sense -- whoo boy )

[Rebellious Republican]

24. Woohoo, thats my POTUS!!!!

[Snotcicles]

25. NO MORE MR. NICE GUY!

Down goes Boehner

[nolabear]

26. Damn. I may have to start another "We've got your back, Mr. President" thread.

I am just that proud of the big lug.

[Liberalynn]

58. For some reason

"the big lug" part made me smile and those have been few and far between since this started so Thank You Nolabear! Let's have a big old Democratic Bear Hug for all of us and the POTUS.

Go Dem

[lupojohn]

27. 3 Cheers to the President

I'm not surprised. This is why we voted for him. He cares about what the American people want and need.

[rdharma]

28. Third term!

[Rebellious Republican]

33. If it is not one thing it is another.....

[savalez]

29. WH released this readout of today's meeting with Senate Democrats

Today, the President met with members of the Senate Democratic caucus. The meeting lasted approximately an hour and a half. The President thanked the Senate Democrats for their efforts this year to try to resolve the budget challenges facing our nation. Earlier this year, the Senate did its job and passed a budget, only to see House Republicans refuse to appoint conferees, blocking the regular order budget process they had asked for years. With the government facing a shutdown a few weeks ago, the Senate passed a clean continuing resolution to attempt to stave off this harmful shutdown we are currently in - a bill that would pass the House with a bipartisan majority if only the House Republican Leadership would put it up for a vote. And the Senate Leadership is readying a bill that would remove the threat of default and raise the debt limit for a year, a period of time that would promote certainty for our nation’s businesses and our economy as a whole. The President and the Congressional Democrats share the principle that we cannot allow a faction of the House Republicans to demand a ransom from the American people in exchange for Congress doing its job, and the President reaffirmed that we will not allow them to hold the economy hostage to an extreme political agenda that includes demands like defunding Obamacare or reinstating tax cuts for millionaires and billionaires that the majority of Americans reject. The President and the Senate Democrats will continue to pursue reasonable discussions about our budget challenges after these manufactured crises end, and the President looks forward to continuing to work with them to pursue policies that grow our economy, create jobs and strengthen the middle class.

Source: http://huff.to/15XF7M3

[Marthe48]

30. Good news!

If you can, be generous to the food banks, many people may need help while the pugs hold their livelihood hostage

[NoOneMan]

32. The thing is, in politics, every side has to have some shit they can spin as a "win"

Especially if they take a risk. If the Republicans are not given an opportunity to save face and spin something--if they didn't know before they started they would at least get something--they will be unlikely to just cave. Think about it folks. Without some weak bone they can hold up to their minions, they very well might take it over the cliff. I didn't think so before because I assumed the concessions were already pre-agreed upon (and they still might be)

[hooverville29]

36. Seek a win-win? These days? These combatants? Forget it

Yes, ordinarily, seasoned Washington types would seek a way that every one could find ground to stand on and claim a 'common-good' compromise. Not anymore. People have developed a video game mentality. Zap--zap--hit--hit--obliterate 'em--win--win. And that's not just politicians. It's all of us. Pogo's comment has come alive -- 'I've met the enemy and they is us.'

Will our form of government survive this? Probably in form, but I doubt it will in substance.

[NoOneMan]

40. I didn't say win-win. Spin a win

Its different. Loser pretends to win.

Form of government will survive, but not belief in its perfection

[hooverville29]

41. I know. Right now, I don't see even spin room being left. They act like they want it taken away.

[TBF]

46. This was not a battle - this was a hostage taking situation.

I would think you would know that as you are here posting at Democratic Underground.

And don't pretend to be all "in the know" - I lived and worked in the beltway for 15 years myself and so do (or did) many others on this site.

We are not giving in to terrorist behavior & thankfully neither is the president.

[NoOneMan]

51. First...

You don't have a clue yet if you're giving in to this. That's not up to you. Your job is to send money and vote. Your involvement and knowledge stops beyond that.

Beyond that, however you construe their behavior, its a damn lot of political capital to spend without getting anything at all in return. If we acknowledge that, all I am saying, is that it makes the possibility of default that much more likely. Im not making excuses for anything, but just observing that political process.

My prediction still stands: everyone in the country will shit their pants and an eleventh hour deal of austerity will be reached (shock doctrine). Thats the SOPs of today and it seems like everyone is going through the motions to make that shit happen. If for some reason the Republicans cave with nothing in return (best of all scenarios) lets say Ill be pleasantly surprised. But I am cynical enough to think politics are far too much of a cooperative dog and pony show to make that likely

[TBF]

54. Thank you Mr. NoItAll -

I could care less what happens to your stock portfolio, mkay?

We don't need your bullying or your advice - the President is handling this just fine.

[jeff47]

86. Great plan! We followed it in 2011. How'd that work out again?

Oh right, Boehner claimed he got 98% of what he wanted, and they held the government hostage again this year.

Clearly we should keep making the same bad choices.

[NoOneMan]

87. I didn't suggest a plan

I suggested that this might make republicans dig their heels in. Thats all. Thats life. Im not here to come up with plans

[jeff47]

88. Despite not calling it a plan, you did present a plan.

Your claim is that without a face-saving thing, the Republicans would completely destroy the economy.

The implied plan is the Democrats must provide such a face-saving thing. Unless you're particularly fond of destroying the economy.

[NoOneMan]

89. Thats not a plan. That basically what we find ourselves in

Provided the Republicans aren't bluffing or dont already have a deal worked out

[jeff47]

90. "That's not a plan. That's the course of action we must take in the future"

How about: "That's not green! It's a mixture of yellow and blue paint"

[NoOneMan]

91. No, its basically the situation that has been repeated for the last few years straight

So I gotta wonder why the Republicans are so confidant. Haha.


Im not saying to do anything. Im just watching. Kind of interesting.


What's your position? Just let them fold or embrace the default? Just curious

[jeff47]

93. See if they fold, and if they don't

use one of the work arounds.

1) Ignore the law. What are they gonna do, impeach? Never get a conviction.

2) Platinum coin - mint a $1T coin, deposit it in the fed. Spend money. When they realize they've lost and raise the limit, withdraw and melt the coin to avoid the worst of the inflationary effects.

3) "Conflicting laws" - Budget/CR and debt limit are in direct conflict. You can't follow one without breaking the other. So announce you're following the budget, and ask Congress to "clarify" - it's what was done in the past when Congress passed conflicting laws.

I prefer #3. But it requires a budget or CR.

I know the White House has claimed none of these would work, but they have to claim none of these will work or the Republicans would just demagogue right through the limit.

[NoOneMan]

94. Yeah, well the Democrats have to embrace a viable workaround and ram it through

I wasn't considering that would happen. Might be the only option left. These next few weeks will be interesting.

[underthematrix]

34. The other thing the Repugs tried to do in their current deal was remove the

President's emergency powers to act to save the economy. Not only are they hateful, they are as crazy as a double loon.

[Buddaman]

35. You ARE the Man!!!

[GatorOrange]

37. The Repukes would just play the same games in a few weeks anyways...

Better to squeeze a long term deal out of them while they are so fractured and with so many money masters on the Right squealing for no debt ceiling drama. POTUS will win on this issue (along with the entire nation).

Great Job Mister President!

[savalez]

60. Yep. See this

Republican Admits New Offer Just Moves Goal Posts
Louisiana Rep. John Fleming (R) took issue with the idea that Republicans were conceding in the battle with Democrats and the president by offering a clean six-week extension of the debt limit. Really, he argued, they weren't giving in at all -- just moving the goal posts.

"All we're doing is saying the president hasn't come toward us, we'll just move the deadline out and offer it again," Fleming told reporters Thursday.

"We haven't changed our position, only the timeline," he said, emphasizing the President Barack Obama must negotiate on opening the government and a longer-term debt extension. "There won't be a vote on a temporary extension of the debt limit unless the president agrees this afternoon to sit down and talk with us."

http://huff.to/16U46AH

[SamKnause]

39. Rejected

GOOD !!!!!!!!!!!

[NastyRiffraff]

42. He's pitch-perfect on this

Excellent, Mr President. Thank you!

[hamsterjill]

43. Hold the line, Dems!

Hold the line!

[Uncle Joe]

44. Kicked and recommended.

Thanks for the thread, Hamlette.

[TBF]

45. Awesome - this is what we elected you to do Mr. President

Stand up to those bullies!

[pangaia]

47. Maybe President Obama really practices Akido and we never knew it.

He sure is acting like it these days.

[BenzoDia]

48. It's great to Mr. Obama be the guy we voted for. Welcome back, Mr. President.

[wordpix]

75. welcome and don't give up the fight, we've got your back

The R's asked for this and now they've got it along with nosediving public opinion Way to go, Mr. Pres.

[frylock]

49. keep fighting!

[RayStar]

50. Backbone

Thank you Mr. President Obama. Stand Tall.

[The Velveteen Ocelot]

53. Good!

It was a totally bullshit "offer." In fact, it was a setup, and fortunately Obama was smart enough to see that and tell them where to stick it.

[hooverville29]

55. Wash Post says WH denies rejection--hasn't agreed or disagreed

-- Paulo Ryan was quoted in the same story as saying --

“We put an offer on the table,” Rep. Paul Ryan (R-Wis.), chairman of the House Budget Committee, told reporters. Obama “didn’t say yes; he didn’t say no,” Ryan said. “We’re continuing to negotiate this evening.”

[2banon]

77. Exactly, I think this OP was premature.. all Im hearing and seeing on line is that "talks are going

on through out the night. In fact, on PBS News Hour, it was stated that ACA is off the table in terms of negotiations, but that "entitlements" (READ Social Security) reductions were going to be ON the table and was up for negotiating.

I hope that prediction/forecast is wrong... but I have a really sick feeling in my stomach right now.

[lumberjack_jeff]

59. I think a shutdown and even a short term default is worth it if it makes Republicans go away.

If Clinton could have driven a stake through these fuckers hearts in 1996, we'd be better off.

I personally think people need to feel some hurt to realize why electing people who think government is bad is a shitty idea.

[StoneCarver]

62. Couldn't have said it better.

I don't know why people have to be experiential learners? I prefer to be a vicarious learner. I just watch people touch a hot stove and learn; I don’t need to touch it myself.

[ffr]

61. K&R

[Cha]

63. I'm not surprised in the least.

thanks Hamlette.

[sheshe2]

66. Nor am I, Cha. nt

[llmart]

64. Glad I logged on to DU to see this......

I watched McNeil Lehrer tonight and there were two economists on, one even being from the Reagan/Bush administrations and they both said this is a no win for the Repukes - that they dug themselves a hole. I'm paraphrasing of course, but was shocked to see how worried both these guys were.

Way to go, Mr. President and thank you for standing up to the bullies! This is why I voted for you twice!

[aurora the great]

65. Amen to that!

Thank you, Mr President. We have your back.

[dhol82]

68. yesssssssssssssssss!

[bklyncowgirl]

69. Good for him. This kick the can down the road nonsense is no way to run a country.

I hope the Republicans walked out of the White House with their asses on fire.

[bitchkitty]

72. Good on him. n/t

[wordpix]

73. nightly news says R's bend to Wall St. on debt ceiling fight but won't cave (so far) on

shutting down gov.

Barney Frank was brilliant on Rachel tonight. Basically said (paraphrased), "They wanted to shut it down and they did shut it down and then they turn around and say, but what about the parks. the health research and other stuff we like, how dare that stuff be shut down?"

[gopiscrap]

76. Good stay strong President Obama!!!

[Monk06]

79. I thought for sure he would throw Boner a bone so he could keep pretending to be the House Leader.

He threw him an anchor instead.

F'n A as we used to say !!!

[Lugnut]

80. Glad to read it!

The Repubs need to get serious and short term deals aren't serious. They're just buying time to try to figure out what it is that they really want now that Obamacare is off the table. In my opinion the Repubs never expected the Dems to stand firm and not cave like they always did. They need to get the government cranking again and pay their damned bills with no strings attached and behave like adults.

[spicegal]

81. Well, he should because it's just only encourages them to continue using this form of blackmail.

We'll have these frustrating standoffs every few months, leaving all us frustrated and creating all sorts of economic uncertainty. It will never end with these guys. The only thing that will make them happy is having complete control, having all their demands met, and even that just won't do.

[abhishekbt]

82. I am not sure

I am surprised to see all this and not sure when it will be over in public interest.

[d_b]

83. let these assholes choke themselves to death

they're almost there

[rhett o rick]

84. k&r thanks for posting. nm

[Walk away]

92. Now that's the President I voted for! nt