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  • oleoldtimer oleoldtimer Feb 25, 2013 8:29 PM Flag

    Obama must end this quickly, end the coverup!


    Bob Woodward is the right man to lead the impeachment of Obama. Woodward led the impeachment against Nixon, he knows what he's doing. Obama cannot blatently lie to the American people without being impeached.

    Sentiment: Strong Buy

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    • Drop dead you moron.

      • 2 Replies to nbs415
      • Bob Woodward: Obama Made Big Mistake on Sequester
        Text Size Published: Monday, 25 Feb 2013 | 1:20 PM ETBy: Josh Boak

        Kris Connor | Getty Images Entertainment | Getty Images
        Bob WoodwardSeveral inside 1600 Pennsylvania have tangled with the legendary journalist Bob Woodward. Few emerged unscathed.

        The Obama administration is now fighting back against the best-selling author who made his name and reputation in reporting the Watergate scandal that led to the resignation of Richard Nixon. And it's revealing what they're not challenging—the miasma of bad faith with Republicans over the budget and the $85 billion in sequestered budget cuts expected to begin on Friday.

        Related Article From The Fiscal Times: Sequestration: What in the World Is It?

        Woodward documents in his 2012 book The Price of Politics that team Obama first proposed the idea of the sequester. Expanding on his work in a Sunday Washington Post op-ed, he noted—as he has before—that both President Obama and his would-be Treasury Secretary Jack Lew lied on the campaign trail by saying the sequester originated with House Republicans. The White House has now ceded that fact.

        They blasted Woodward, however, for writing that Obama "is moving the goal posts" by requiring that additional revenues be part of a sequester substitute. The sequester was about spending. Failure by a bi-partisan "super committee" to identify alternative reductions in November, 2011 caused the budgetary hacking that Obama now seeks to avoid to be triggered.

        White House officials protested the notion of moving the goal posts, since—regardless of the terms of the agreement—revenue increases have always been part of Obama's negotiating position on budget issues.

        But what they're not crying foul about is Woodward's far more damning revelation—that the White House underestimated the GOP on the sequester, and the administration's actions since have created a vacuum of trust.

        Here's what Woodward wrote in the op-ed that didn't get them hot and bothered on Twitter, even though it should have: "[Months] of White House dissembling further eroded any semblance of trust between Obama and congressional Republicans. (The Republicans are by no means blameless and have had their own episodes of denial and bald-faced message management.)"

        This is the far more disturbing conclusion than any debates about goal posts.

        Sentiment: Strong Buy

      • The White House chief of staff at the time, Jack Lew, who had been budget director during the negotiations that set up the sequester in 2011, backed up the president two days later.

        “There was an insistence on the part of Republicans in Congress for there to be some automatic trigger,” Lew said while campaigning in Florida. It “was very much rooted in the Republican congressional insistence that there be an automatic measure.”

        The president and Lew had this wrong. My extensive reporting for my book “The Price of Politics” shows that the automatic spending cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors — probably the foremost experts on budget issues in the senior ranks of the federal government.

        Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (D-Nev.). They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved.

        Nabors has told others that they checked with the president before going to see Reid. A mandatory sequester was the only action-forcing mechanism they could devise. Nabors has said, “We didn’t actually think it would be that hard to convince them” — Reid and the Republicans — to adopt the sequester. “It really was the only thing we had. There was not a lot of other options left on the table.”

        Sentiment: Strong Buy

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