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  • #19
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    @Neo_NtheMatrix Whatever happened to this Obama?

    "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 U.S. Government can’t 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.”

    - Senator Barack Obama in 2006 when he voted AGAINST raising the debt ceiling.
  • #56
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    @jamesmitchell ..."Whatever happened to this Obama? "... He was elected President by Idiots that Believed him.... I do not fear this President... I Fear the Population that would elect this President.... Elections have consequences and we have yet to see what this last election will wrought on those that elected him... And those that did not...
  • #90
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    @jamesmitchell ... But he left out the part about the meat at the banquet going bad and making all the party goers throw up in the souffle.....
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  • #29
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    @jamesmitchell
    I know they don't act like it but I think most his administration is older than five, at least physically
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  • #62
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    The hardcore left does not like liberals. Leftist oppose liberalism because it is part of capitalist democracy. hardcore leftist are socialistically inclined. Socialism opposes capitalism, hence leftist, while some might vote obama, hardly look upon him as their leader.

    Indeed, many liberal do not feel obama is a liberal, but more a moderate democrat. If I had to pick a u.s. president to go on a coin it or bill it would be FDR...I would also take jackson off the twenty, and grant off the fifty, and put martin luther kin jr on one and theodore roosevelt on the other...
  • #26
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    While you right wingers are busy ranting about Obama I would like to note that California (you remember California right? That state you said was bankrupt and run into the ground by liberals?) California just closed the books on their second year in a row with a budget surplus and the deficit is rapidly being close (at a rate faster than any state in America with a deficit) and all this is being done under a Democrat Governor with a super majority Democrat State
    Congress. Now this is where you say "yeah but it's the land of fruits and nuts". and chortle like you actually know something.
  • #44
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    Again California is leading the way. Once the democrats had a super majority and were able to overcome republican obstructionism good things began to happen. No surprises there. If we allowed the red "taker" states to secede like many of them want to we could fix the entire country.
  • #45
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    @PNWest LOL. Well sorta but not exactly. Jerry Brown didn't have a super majority Dem congress the past two years while this happened. 1.) the economy is turning. California was the first into the recession and they are the first big state coming (this bodes well for the nation of course since as California goes, the nation goes.) 2.) The super majority has already said LET'S SPEND!!!! Brown and the state voted yes on Education and the high speed rail (about time, Brown has only been championing this for 40 years) but no to everything else. Jerry Brown is turning into quite a good money manager this time around.
  • #52
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    @ConserveUSA Do you have any idea of jerry browns history? he refused to extradite russell means to south dakota when he was govenor. He opposed nuclear power. He appoint some of the most liberal judges in the states history. He just closed the budget gap by raising taxes. He created the solar law that required utilities to buy solar from consumers. He hosted forest preservation meetings at his home in oakland For the group that shut down logging in the pacific northwest. I could go on. Unfortunatelly he wasn't a leftist, be he was one of the few principled liberals in elected office. He ran in the presidential primary to the left of bill clinton.
  • #53
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    @PoliticalSpice Jerry "Governor Moonbeam" was quite the ultra liberal the first time he was Governor. He's not quite so loose with the money this time around.
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  • #10
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    @PolitixLisa The story says the mint and treasury department have decided to not mint the coins.... why are you crediting Obama in your question?
  • #59
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    HMMM, my first thought! "Was President Obama's administration wise to reject the idea of minting a platinum coin to avoid the debt-ceiling?" I thought the idea of a trillion dollar CAME FROM the Obama administration to avoid the debt ceiling? Am I wrong or is the king blaming his jesters again?
  • #9
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    The word wise should never appear in a sentence with obama. obama did one thing right here, he told Rep. Jerrold Nadler where to go. obama has stolen enough money, there is no need for him to steal any more. No $1T coins, not on the American taxpayer's watch.
  • #46
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    Obama should give a chance to raise the debt ceiling. If they play games he should raise it himself under the 14th amendment. Let them sue, in the mean time the credit rating will be solid...
  • #11
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    The voters don't act like they have a modicum of intelligence, politicians are just taking advantage of that fact. If the voters had any sense then the elections would have turned out radically different.
  • #5
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    Well there goes the opportunity for Congress to remove the last single shred of doubt as to their being do nothing, owned by the rich swine.
  • #25
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    Read "The Creature From Jekyll Island" by Edward Griffin - in order to fully understand how we got into this mess, as well as who is responsible, and why they do it.
  • #95
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    Notice that it wasn't the Idiot in Chief who ruled this out, it was the Treasury Department and the Fed. I am sure Obama would be all for it. Mint just 17 coins and "poof" the Moron gets to start spending the debt all over again. I don't think he would even realize what that stupid move would do to our currency and our economy.
  • #94
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    It's one of those things that Econ grad students talk about over a beer.
    And that's about as far as it should have gone.
    It says something about our situation that anyone brought it up in public.

    For the life of me I don't see why both sides won't admit that we're going to raise taxes, cut spending, and generally act like adults or the problem is not going to be solved (by this Congress and this administration).
  • #89
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    They should make comemorative Pyrite coins with Barry's likeness. They could sell them to all the Barry supporters and use the money to pay off the debt.
  • #39
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    He needs to be on the 4 dollar bill that's next to Clinton on the 3$ bill. What's funny is the 3$ bill is worthless and so would a 4$ bill
  • #34
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    Just minting a coin and saying it is worth $1trillion does not mean the $1 trillion actually exists to back it up. That's the same as counterfeit money!
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