Understand that Obama wants the can kicked down the road until after the 2012 elections. That is why the Democrats do not plan on finalizing an actual fiscal budget as required by Federal law. On election day, we will be in our third fiscal year without a written or approved budget.
Someone explain to me why this is not a criminal offense.
This is one of the most incompetent Administration in our history. Never, never, never, have we refused to pass a budget. Never before has a president even contemplated the idea that he will act unilaterally to increase the debt ceiling. The 14th Amendment can be found on the "scroll-down" on this blog. I have given you the full text. There is nothing there that gives him this authority and his own White House lawyers have told him so. What is scary about all this is the fact that a huge percentage of the population are so disconnected with American/Constitutional fact that they are willing to allow Obama to function as a dictator.
GALLUP POLL
ReplyDeleteJuly 28, 2011
Obama Rates Higher Than Boehner, Reid on Debt Situation
PRINCETON, NJ -- Americans are more likely to approve of the way President Obama is handling the negotiations to raise the federal debt ceiling than they are to approve of the handling of the situation by Speaker of the House John Boehner or Senate Majority Leader Harry Reid
Obama has a 41% approval on the debt negotiations - 10 points higher than Republican Boehner who rates at 31% approval
http://www.gallup.com/poll/148718/Obama-Rates-Higher-Boehner-Reid-Debt-Situation.aspx
Former domestic policy adviser to President Ronald Reagan, Bruce Bartlett said it was a myth that tax cuts are the key to prosperity, noting that Reagan raised the capital gains rate. He was also skeptical that Congress would be able to solve the current budget crisis.
ReplyDelete“I think at this point, there’s nothing that can pass the House of Representatives. I think a good chunk of the Republican caucus is either stupid, crazy, ignorant or craven cowards, who are desperately afraid of the tea party people.”
And Bruce Bartlett is part of the problem, a Lefty disguised as a conservative.
ReplyDeleteClinton cut corporate taxes and, guess what, it worked. He stood over (along with a Republican congress)the most prosperous economy in modern times. George W Bush cut taxes and, guess what, revenues increased by 43% as he stood over the second most prosperous economy in history.
Gallup has Obama at a record low of 40% approval. Understand this, Ellen, Obama is not running against Boehner in 2012. The fact is this: he has lost ground in all voting demographics including Blacks. He won in 2008 by only 7%. As things stand today, he would lose in an embarrassing landslide.
He is a slow learning academic with no practical private sector experience. He is not a smart man, politically speaking. Even his liberal base is running from him.
Like Peggy Noonan wrote in the WSJ, this past week, " . . . . he is a loser."
And, nobody likes a loser.