"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.
Increasing America's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
~ Senator Barack H. Obama, March 2006, From the POS that can't raise the debt ceiling enough now.
I "think" I am a social liberal and fiscal moderate (somewhere in the middle). I think it is called a "filthy, liberal puke".
I would support changes (substantial) to social programs to reign in and fix them. I don't agree with the leftward tilt but I have few alternatives. BUT, I DO NOT TRUST (0% trust) the motives or the leadership on the right. If you give the right some power, the first thing they do is "protect" the "private parts" of women, then move to "voter fraud" to disenfranchise segments of voters to enshrine their power and then to begin cutting social programs without thought to the "unintended consequences" and costs of their actions.
The current debt is direct result of "voodoo economics" where the size of the debt was discussed in terms of % of GDP instead of absolute dollar terms. When the "party of NO" takes their position, they force the negotiation LEFT. They force worse laws.
From Snopes ... "the POS" on his Senate comment after his election as President.
The shortened quote now attributed to him is a verbatim capture of the opening and closing paragraphs of his remarks of 16 March 2006.
President Obama has undergone a change of heart regarding raising the debt limit. In a 15 April 2011 Good Morning America interview, President Obama said this of his reasons for doing so:
I think that it's important to understand the vantage point of a senator versus the vantage point of a president. When you're a senator, traditionally what's happened is, this is always a lousy vote. Nobody likes to be tagged as having increased the debt limit — for the United States by a trillion dollars. As president, you start realizing, you know what, we, we can't play around with this stuff. This is the full faith and credit of the United States. And so that was just an example of a new senator making what is a political vote as opposed to doing what was important for the country. And I'm the first one to acknowledge it.
Iraq has weapons of mass destruction. Borrowed money to pay for two illegal war scams. That's what put us into this mess. Liars are worse than bad leadership. And stupid liars like Mr. Poopy worst of all.