President Obama Debt Crisis Address (July 25, 2011)
President Obama
President Barack Obama addresses thе nation frοm thе East Room οf thе White House іn Washington οn thе approaching debt limit deadline. Monday, July 25, 2011.
Tags: 2011, address, America, barack, Crisis, dc, dept, east, house, Obama, President, Room, speech, States, United, USA, washington, White
When Will The Obama Administration Take Half Of The Movie Profits?
Obama Worst President Ever T-shirt Political Anti Usa
@timmeh09 and Obamas decisions have put us further into debt. The stimulus hurt us, it didnt help whatsoever. People like you dont take responsibility for the actions of your candidate, you would rather blame everything on a republican. how convenient.
@timmeh09 and he keeps saying that he is going to cut spending for the past three years or so and he has spent more than any other president in history by a long shot so I think you are the one who should be doing some research,
Just remember that 2 wars consuming significant amount of US GDP were started by the republicans. I have just one question for republicans, “Why are you against tax reform, why does it hurt you to tax billionaires, is it because they threaten to but your campaign contributions in the next election. One thing is for sure republicans for sure hate if you make below a certain income level and hate you more if you have smart kids who deserve to go to college but don’t have the means to do so…….
Well that was smart from the biggest companies to support the election of a democrat (afro-american moreover) at the Whitehouse to do the nasty job of cleaning Bush’s mess.
Washington may be in trouble, but if something goes wrong, it’s their mistake, all the midwest of the United States have a great economy, well at least Oklahoma, and are growing responsibly. Just because one spot of the U.S. would be having problems, it better not affect the midwest, they are not making the not smart mistakes as congress in Washington.
@Effedup i was not aware that they received social security if they make that much so you have a good point there if thats true.
but Don’t forget its not all wallstreets fault for our situation, the older generation needs to take some of the blame because they are the ones who allowed this to happen and i dont feel like i need to avoid cutting medicare when it was the baby boomer generation and older that agreed to all this spending of about 2x our income since world war 2.
@Effedup We can stop trading with them and buy our products from India or Brazil instead which would hurt both the Chinese and American economy but would level the playing field in China and make them stop starving their people in the name of economic growth… China needs the US more than we need them by far, if they didn’t they would have already released our currency into circulation and screwed us over. But you are right about the profit incentive will make this almost impossible, needpolicy
@Effedup My point is if we raise taxes to 90% on the extremly wealthy they now have many other countries that would gladly tax them less and this would take away some of our largest industries, in the 20s, every economy in europe had been destroyed from world war 1 and they couldn’t do this, and no substantial economy existed anywhere else in the world besides europe. We cant just go back to policies in the 20s, the reality of the economy has changed so much since then.
@Effedup It could help, but i worry that the amount we raise taxes on the rich will do more to take away from our economy than it will help tackle the debt/deficit.
but It amazes me how I can not find a person who thinks our military budget is not extremely high and yet we continue to police the world, so I agree with the military industrial complex and thats why I dont want to vote for ANY establishment candidate, republican or democrat.
Ron Paul 2012 He needs your vote, the USA needs him
@speedraf the mess started long before bush… it started right after JFK got assassinated and its their dream come true that all the blame can be put on bush when its wallstreet and their political buddies(every president since JFK not to mention countless congressmen, senators and governors) who are fucking us over day after day.
Ron Paul 2012… can’t tell you how to vote but please look into the only candidate who I truly believe can save us from this mess.
Will a man rob God? Yet ye have robbed me. But ye say, Wherein have we robbed thee? In tithes and offerings. Ye are cursed with a curse: for ye have robbed me , even this whole nation. Bring ye all the tithes into the store house, that there may be meat in mine house, and prove me now herewith, saith the Lord of hosts, if I will open up the windows of heaven, and pour you out a blessing, that there shall not be room enough to recieve it. Malachi 2:8
@JMS13579 Imbecile, Paul runs every Election and never gets more than a few thousand votes. He is always the LAST HORSE
Most people blame Bush, he spent 7.2 trillion, Weapons of Mass Destruction? Torture?? Mission Accomplished????
You are a frigging idiot
“The high office of the President has been used to foment a plot to destroy the American’s freedom and before I leave office, I must inform the citizen of this plight.”
-John F. Kennedy
@godhatesallfatpeople lol gotta love how your only points rely on ad hominem. not to mention you couldn’t even write a coherent statement…but, by the way, he has only run three times and just because he doesn’t have the special interest support to brainwash ignorant voters into voting for him doesn’t imply anything about whether or not his ideas are logical. you really aren’t worth my time as you are obviously just letting the media tell you that bush ruined everything and dont know history
@godhatesallfatpeople im not sticking up for bush but if you would actually look at things with an open mind you would realize that every single president since after kennedy has done the same exact things, just because our economy collapsed on bushes watch instead of clintons doesn’t mean he is the one person who caused the mess, people like you are just to short sighted to look at the real causes.
the inflation of our money
wars
unbalanced budget because of ridiculous entitlement programs
@godhatesallfatpeople lyndon johnson lied about the gulf of tonkin resolution
nixon continued the war he promised to end.
carter supported the muhajideen in afghanistan, the precursor to the taliban, so did reagan
bush sr invaded iraq. clinton ordered attacks in kosovo.
they are all the same guy wearing a different mask. you think the kennedy assasination is a coincidence and not a conspiracy because you watch too much TV and are brainwashed. try looking at history, its obvious.
@godhatesallfatpeople oh by the way, all the presidents i just mentioned, and ford, increased entitlement programs and/or military funding. they also didn’t use the executive order kennedy passed to repeal the federal reserve.
if it isn’t clear already, ‘you are a friggin idiot’. stop blaming bush for everything because you don’t know anything about our history and just listen to what other people say (likely pundits on TV) without even understanding that they themselves dont have a clue
Off With Their Heads! Do it NOW!
My intentions are clear. There are no guarantees in life. I am to live and live a good life. I am convincing myself not to do things totally against human moral codes. Neither do I want to be the one you chose to complete your mission . I am me. The harming of people, animals and the environment must stop.
“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.”
—Alan Greenspan 7 August 2011
@al5mnd9trnksdr745bi -WE HAVE BEEN ROBBED, AGAIN!
re re rem mem member ha hh hank p pp paulson? the “chicken little” hooting collapse in 2008?
watch this-ALAN GREENSPAN ADMITS TARP FRAUD:
“2010-11-09 Greenspan Admission.mp4″
(watch?v=731G71Sahok&feature)
if the PROSTITICIANS want to fix “the problem”, ignoring the criminals who are “responsible” for the creation and distribution of our currency is lunacy.
Got to love the GOP, Bush inherits a surplus & a good economy, yet spends billions & billions of tax dollars on 2 wars, while giving very generous tax cuts to millionaires/billionaires to ‘help’ the economy. 8 yrs later the economy is a mess, so they blame Obama. I’m confident that if a neocon gets into office next, they too will recieve immunity for any screw-ups. Lets call it the ‘Bush pass’, as It allows them to make decisions that kill 1000′s of men/women & the economy, yet escape any blame.
This debacle ensures no republican president in the near future. Obama will definitely get second term
um how does the US grow the economy If they have bases over seas. How stupid. If the bases are in USA it grows Jobs in American towns. This is a very simple concept. The person who is serious about paying down the debt is the 1 I will vote for. Abortion is not the most important issue right now. America is broke get a stupid clue. If Michelle Bachman supports the war in Iraq I will not vote for her. If any person supports the wars in Iraq and Afganistan I won’t vote for them.
@babykevinxoxo by keeping solders alive you have a strong military. It doesn’t do any good to see thousands of our troops come back with wounds. I don’t understand why they can’t get a clue.!