Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama: Enough is Enough in Debt Talks, ‘This May Bring My Presidency Down, But I’m Not Yielding’

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:46 PM
Original message
Obama: Enough is Enough in Debt Talks, ‘This May Bring My Presidency Down, But I’m Not Yielding’
Edited on Wed Jul-13-11 07:51 PM by nadinbrzezinski
In what was described as tense and dramatic Wednesday evening meeting on the debt ceiling, President Obama repeatedly clashed with Majority Leader Eric Cantor (R-VA) while giving both sides a Friday deadline on whether to go for a long-term reduction in deficit-spending or find a way simply to avoid a default.

At one point, Cantor pushed for a short-term extension of the Aug. 2 deadline for Congress to raise the nation's borrowing rate, a request Obama shot-down, according to a Democrat familiar with the discussions. He also told the group of Congressional leaders that they can't accomplish anything if everyone keeps sitting in their own corners refusing to budge and move beyond their political comfort zones.

After the the closed-door session at the White House, Cantor told Fox News that Obama ended the meeting by abruptly walking out of the room and all progress thus far had been erased in the Wednesday meeting.

http://tpmdc.talkingpointsmemo.com/2011/07/president-ob...

MAJOR EDIT
Printer Friendly | Permalink |  | Top
RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:47 PM
Response to Original message
1. Wha?
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:48 PM
Response to Reply #1
4. I am paraphrasing, I need to go look for more info
I think he mentioned politico
Printer Friendly | Permalink |  | Top
 
H2O Man Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:49 PM
Response to Reply #4
6. See post #5.
Printer Friendly | Permalink |  | Top
 
spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:47 PM
Response to Original message
2. no way. it will flip the house.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:54 PM
Response to Reply #2
16. This is end game, purely
And I am assuming worst case now.

By the way Eric...

Here from the bottom of my heart

Printer Friendly | Permalink |  | Top
 
Broderick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:47 PM
Response to Original message
3. Blah blah blah
PANIC everyone. PANIC.

this is all posturing. Obama has them by the nads.
Printer Friendly | Permalink |  | Top
 
H2O Man Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:48 PM
Response to Original message
5. He quoted what
some said the President said -- that he did not care if it brought his presidency down, but he would not accept the republicans' shit.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:49 PM
Response to Reply #5
8. Yep, looking for the exact quote now
but as far as I am concerned... I am now in worst case scenario mode.
Printer Friendly | Permalink |  | Top
 
H2O Man Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:51 PM
Response to Reply #8
11. I think it will
fracture the republicans in the House .... establishment vs tea party.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:52 PM
Response to Reply #11
14. Found it, changed the OP
Took a minute or two
Printer Friendly | Permalink |  | Top
 
fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:50 PM
Response to Reply #5
10. sehr danke!
Printer Friendly | Permalink |  | Top
 
Zenlitened Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:49 PM
Response to Original message
7. I imagine the WH is making plans for a prime-time speech even as we speak.
At least, I sure hope so. He can really put the hammer down on this whole affair.
Printer Friendly | Permalink |  | Top
 
DevonRex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:53 PM
Response to Reply #7
15. That speech has already been written
in several forms. No need to worry.
Printer Friendly | Permalink |  | Top
 
Zenlitened Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:55 PM
Response to Reply #15
17. Good point.
Edited on Wed Jul-13-11 07:56 PM by Zenlitened
Edited to add: But I wouldn't mind if the next rewrite adds a few expletives. :D
Printer Friendly | Permalink |  | Top
 
DevonRex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:59 PM
Response to Reply #17
20. Hah. Neither would I.
Or at least a hard jaw line and a steely gaze.
Printer Friendly | Permalink |  | Top
 
Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:50 PM
Response to Original message
9. purple monkey dishwasher
:shrug:
Printer Friendly | Permalink |  | Top
 
DevonRex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:51 PM
Response to Reply #9
13. You made me laugh.
I just couldn't help it. But I tried to muffle it.
Printer Friendly | Permalink |  | Top
 
sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:51 PM
Response to Original message
12. Not if he now goes to the American People.
He has wasted time trying to negotiate with fiscal terrorists.

If he takes the issue to the people, he will get support from them.

I don't know why it took it so long.

He has all the weapons, all the advantages IF the Dem Party goes back to its roots.

It looks like maybe the Republicans have overplayed their hand at last and maybe he is beginning to realize that they are not and never where HIS friends, let alone friends of the American people.

We are waiting to support him! All he has to do is ask. And that includes many people I know who are Republicans, not tea-baggers, but there are many ordinary people who war Republicans and who actually do care about their parents and their grandparents who depend on social safety nets for survival.

Now is the time for him to define his presidency. He has them on the ropes. And the people will support whoever comes out on their side and asks for their help.
Printer Friendly | Permalink |  | Top
 
gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:57 PM
Response to Reply #12
18. If he does, I hope his message is clear. concise. to the point --
with charts! A la Rachel!

For example, the R's always yammering "The top 10 (1?) percent pay x % of all our taxes!" and we can show that is a mere x # of people, the dollar amount each pays and the RATE they pay, compared to the rate WE pay.

Stuff like that.

Printer Friendly | Permalink |  | Top
 
pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:01 PM
Original message
What he doesn't have
is a TV news world with three major networks and a public TV station, all of which will simultaneously broadcast his remarks -- as we had a few decades ago.

He can make a major address, but he can't force stations to cover it or voters to watch it. (No President could do the latter, but it was easier to "encourage" them when there was nothing else to watch on TV.)

The Presidential bully pulpit is much diminished, I am afraid.
Printer Friendly | Permalink |  | Top
 
Zenlitened Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:30 PM
Response to Original message
31. I think the networks would feel they have no choice but to carry this* address.
*This hypothetical address.

This issue is about at the level of a national emergency, and they know they'd catch too much shit if they flat-out refused.

Now, they might still insist that the address be scheduled around America's Gleeful Bachelor Idol or whatever.

And that negotiation, between the WH and the TV suits, might be going on even as we speak, or will take place very soon.

But if the WH wants to do a prime-time address on this, they can. I'm sure of it.
Printer Friendly | Permalink |  | Top
 
sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:42 PM
Response to Original message
34. That is changing, as we speak. A seismic shift is
Edited on Wed Jul-13-11 08:43 PM by sabrina 1
taking place regarding the media. Across the Ocean, the Murdoch Empire is crumbling and the rats are abandoning the ship. Left, Right, and everything in between are joining forces to excise Britain from the evil grip of the New World Order's Propagandist. And it's reaching the US.

'There is a tide in the affairs of men when taken at the flood, leads on to fortune'. Or words to that effect. We are in such a time. Maybe he realizes it.

It is not the 'left' v the 'right' anymore, it is the people v The New World Order. If you have not been paying attention to the major, earth-changing events now happening, then you won't understand why this moment needs to be grasped. And maybe, he gets it. This is our time, he can be on the side of the people or the side of the Corporations. If I were in his position, looking around, I would go with the people before it's too late.
Printer Friendly | Permalink |  | Top
 
pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-11 12:34 AM
Response to Reply #34
42. So you think if he announces he's making a prime-time speech next week,
he'll have wall-to-wall network coverage?

I would be happy if you were right, but I kind of doubt it.

Printer Friendly | Permalink |  | Top
 
sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-11 03:51 AM
Response to Reply #42
43. He is the president, so yes, of course he would. He always does
Why would you think he might not now?
Printer Friendly | Permalink |  | Top
 
pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-11 04:41 AM
Response to Reply #43
45. Because he DOESN'T! You're living in the past, apparently,
Edited on Thu Jul-14-11 04:49 AM by pnwmom
if you think he can get all the networks to cover him just because he's making an important speech.

Seriously. The networks stopped doing that even before Obama was President.

And even IF a handful of networks still did that, that would still leave hundreds of cable stations and/or the Internet to distract people instead.
Printer Friendly | Permalink |  | Top
 
sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-11 04:22 PM
Response to Reply #45
46. Lol, you are being silly now. now you're saying that
people will turn to other shows if they see the president on TV. They've always done that, or turned it off. That never stopped a president from speaking to the American people. 'Living in the past'??? How long in the past was the Bush presidency?

He has more access to media coverage than any other single person in this country. That is a fact.
Printer Friendly | Permalink |  | Top
 
DevonRex Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:57 PM
Response to Original message
19. Thanks Nadine for the edit. :)
I've done that before - only caught a bit of something that sounded a
Lot different than the whole.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:01 PM
Response to Reply #19
22. You welcome
Printer Friendly | Permalink |  | Top
 
patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 07:59 PM
Response to Original message
21. Some of us don't have anything to lose. Repukes should not under-estimate how much of Obama's
base REALLY wouldn't mind starting this whole fucking

GAME

over again from 0.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:02 PM
Response to Reply #21
23. Oh yes you do
having been though one of these austerity programs, and know this is going to be far worst than that one... yes, yes you do
Printer Friendly | Permalink |  | Top
 
patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:06 PM
Response to Reply #23
24. So, perhaps I should re-phrase that to "some don't care anymore about what they have to lose" and if
it weren't for the fact that it'd hurt others who do care . . . .
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:08 PM
Response to Reply #24
25. The problem is that it will hurt you, and me in ways
most people in the US do not get.

Worst case scenario half of the country will be out of work.. no, not scary talk... reality
Printer Friendly | Permalink |  | Top
 
patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:13 PM
Response to Reply #25
27. Perhaps there are those who relish the thought of MOST of us starting off again from the same
starting point. Except that those who aren't there, at the new starting line, will not be nobodies and will, in fact, be the new Kings with awesome far-reaching and deep powers.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:19 PM
Response to Reply #27
30. I really do not think you understand what this could
mean... I really don't think so. This is going to be so bad, it is not even funny.
Printer Friendly | Permalink |  | Top
 
patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:32 PM
Response to Reply #30
32. No, I do really, just contemplating all of the possible and not so possible permutations for those
who are already desperate and powerless.
Printer Friendly | Permalink |  | Top
 
Zenlitened Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:38 PM
Response to Reply #30
33. I think Patrice is simply trying to express some of the abject DESPAIR that's out there.
Nobody who is safe and warm and comfortable would WANT this sort of calamity.

But a lot of people have gone so long with scarcely a moment of safety, warmth or comfort that it's hard to take the long view anymore.


NOTE: Apologies to Patrice if I am putting words in your mouth.
Printer Friendly | Permalink |  | Top
 
BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:47 PM
Response to Reply #21
35. Have you considered that the group you speak of forms the smallest percentage of the "base" in 50
Edited on Wed Jul-13-11 09:17 PM by BzaDem
years? That there are ALWAYS some on the left and right who will never be satisfied with their party, and that other than how SMALL this group is under Obama, this isn't anything new?
Printer Friendly | Permalink |  | Top
 
Dept of Beer Donating Member (957 posts) Send PM | Profile | Ignore Wed Jul-13-11 09:02 PM
Response to Reply #21
40. And at 0 the rich get a tax increase of 50% and

the GOP, Tea Party and every right wing zealot goes to GITMO.
Printer Friendly | Permalink |  | Top
 
Obamanaut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:12 PM
Response to Original message
26. More quotes and links at this earlier thread -> link in message
Printer Friendly | Permalink |  | Top
 
originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:15 PM
Response to Original message
28. Oh how nice, we're about to be hungry, naked and homeless...
yet he, just like any douchey politician, is more worried about his career.

Guys, can we have an actual pissing contest, fewer people might go hungry?
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:18 PM
Response to Reply #28
29. Actually I get it where he is coming from
how do you speak to people who believe, as religious catechism, that low taxes, and I mean zero taxes... are the end goal?

This is what happens in California every fracking year... this time though it is at the national level. We are about to become an economic basket case due to a religion
Printer Friendly | Permalink |  | Top
 
Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:47 PM
Response to Original message
36. Surely there must be some dirt someone has about that sh*thead, Cantor...
I'm sure someone can come out with it right about now.
Printer Friendly | Permalink |  | Top
 
A-Schwarzenegger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:52 PM
Response to Original message
37. "Would Ronald Reagan be sitting here?" --What's that mean?
The whole quote (according to a "GOP aide"?):

"I have reached the point where I say enough," Obama told the leaders, according to the account. "Would Ronald Reagan be sitting here? I've reached my limit. This may bring my presidency down, but I will not yield on this."

It seems like he's saying, Would Ronald Reagan have taken such shit? I've reached my limit.
Printer Friendly | Permalink |  | Top
 
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:54 PM
Response to Reply #37
38. Reagan would have never acted that reckless way
and Obama is right...
Printer Friendly | Permalink |  | Top
 
Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 08:56 PM
Response to Reply #37
39. The debt limit was raised 11 times during the Reagan presidency. Obama is alluding to the fact that
Reagan would never have entertained what Obama has thus far been patiently entertaining.
Printer Friendly | Permalink |  | Top
 
iwishiwas Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-14-11 04:03 AM
Response to Reply #37
44. Obama is saying Reagan would not sit there and take it and
neither will he. Obama has a certain admiration for Reagan.
Printer Friendly | Permalink |  | Top
 
riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 09:14 PM
Response to Original message
41. In the end, he can invoke the 14th Amendment.
I know he would hate to do it. I believe he will only go there at the end but faced with international financial Armageddon, or just US Congress Armageddon, I believe he'll go the precarious 14th Amendment route and issue an executive order because basically NOW Obama is operating with the biggest international banksters and will avoid international financial meltdown.

What that will mean to his 2012 campaign, or what it will mean to the world, or what it will mean to Congress who will most assuredly go batshit if he does go this route, I can only speculate (and dare not, yet).
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Oct 30th 2014, 12:51 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC