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Sounds like Obama will not call his own bluff

Sounds like Obama will not call his own bluff

Obama just held his third press conference in two weeks, and he’s still pushing for the big deal which includes increased taxes, and still playing the class warfare card very hard.   Given the past two and one-half years, we definitely are in fantasy land where the worst offender now is the prosecutor.

Here are some quick quotes and notes:

“This should have been dealt with earlier….”

This could end up with interest rates rising for everyone “as a consequence of a default.”

“I’m glad that Congressional leaders don’t want to default ….”  We have “a unique opportunity to do something big … if we’re willing to seize the moment.  What is required is shared sacrifice and a balanced approach … it also requires cuts in defense spending … hundreds of billions more … [and] cuts in Medicare … and it would require revenue….”

“Millionaires and billionaires can afford to do a little bit more … so that corporate jet owners aren’t getting unnecessary tax breaks.”

“My hope is that they’re listening not just to lobbyists and special interests but to the American people….”

“You need over the next 24-36 hours as to what the plan is to get the debt ceiling raised and to show me a plan” to deal with the deficit long term.  “If they show me a serious plan, then I’m prepared to move.”

That last part of his prepared statement seems like a clear signal that Obama will not call his own bluff.

In response to questions:

“We should make sure that current beneficiaries [of Medicare and Social Security] are not affected” and that any cuts are in the out years, but not willing to “voucherize” the program.  “Making some modest modifications” in those programs can save trillions of dollars, “that include on the provider side…. Drug companies are doing quite well under Medicare.”

“You’ll probably see the House vote on a couple of things to make political statements.”  Not willing to cut $2.4 trillion without revenue increases.  Says 80% of the American people support a “balanced approach.”

As to balanced budget amendment, said it was not necessary, but dodged the issue of whether he would oppose it as part of a deal.  “We just need to make tough choices and take on our bases.”

“We’re not Greece, we’re not Portugal.  Problem is we cut taxes without paying for them…” then went through prescription drug program, wars, etc all the things from prior to his administration that caused the problem.  Didn’t address deficits during his administration.

We only need to make “modest adjustments” to get our house in order.

The net-net of all this — Obama will not call his own bluff.   Looks like this is heading to more modest spending cuts than Republicans want with none of the tax increases Obama wants.

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Comments

DINORightMarie | July 15, 2011 at 11:49 am

Says 80% of the American people support a “balanced approach.”

What?! Where did he dig this stat from? No poll has shown that. He’s been smoking again – and I don’t mean tobacco.

Does anyone buy this BS he shovels anymore? I mean, other that the 25% or so who are die-hard supporters?

Hold that line!

This was a pre-emptive strike to the planned cut, cap and balance bill the House announced for next week. It is now up to the GOP to hammer away at this, especially this weekend on the Sunday news shows, and make it the top news story. It’s imperative that the GOP leadership get the upper hand on this and stop letting Obama get away with being the only adult at the table.

Just more sound bites for his telepromptor to memorize and spew to the media.

“The net-net of all this — Obama will not call his own bluff. Looks like this is heading to more modest spending cuts than Republicans want with none of the tax increases Obama wants.”

So we will continue to be on S&P watch for a downgrade. None of their concerns will have been addressed.

[…] “Sounds like Obama won’t even call his own bluff.” […]

Problem is we cut taxes without paying for them…”

I can tell you how to cut taxes and “pay” for them.

Cut spending.

Easy peasy.

I don’t know if anyone else noticed but Obama also took credit for the benefits of having extended the Bush tax cuts. Consumers had $1,000 to spend over the last 6-7 months because of HIS tax cuts. The guy is genetically incapable of telling the truth. It’s in his DNA.

again, why does nobody ask him specifics?

You’re watching a man drown in his own rhetoric. Life preserver, anybody? Anybody?

I only remember agreeing to tax rich Democrats

    profshadow in reply to Neo. | July 15, 2011 at 3:08 pm

    Especially those rich Democrats who are incensed that they aren’t taxed enough but won’t send in that excess to the government against the national debt.

    Not “president obama” but “present obama” once more.

Obama gave the Republicans all they need. He clearly stated “I’m not going to get into specifics.”

Well, honest negotiations are ALL ABOUT specifics. Failure to offer any specifics is a clear admission that you are not seriously negotiating, but instead are merely POSTURING.

And that’s all this petulant amateur has to offer – worthless posturing.

This simply cannot be repeated enough. But I’ll leave it to the spineless squishes that make up the current GOP leadership to give Obama a total pass on this one.

Cowboy Curtis | July 15, 2011 at 12:50 pm

A thought: When Obama disagrees with one of his former positions, does that make him racist? If so, which one- former Obama or present Obama?

…and why isn’t the tea party marching on Washington?

LukeHandCool | July 15, 2011 at 1:00 pm

Bluffing is for poker players, not golfers.

test comment again.

Is there a reason why the submit button is invisible?

[…] need to head over there, but here’s a taste: Obama just held his third press conference in two weeks, and he’s […]

Cowboy Curtis | July 15, 2011 at 2:35 pm

How are you guys applying avatars to your screen name?

Does anyone know what the heck he’s talking about??? He’s beginning to speak gibberish!

[…] Legal Insurrection: Sounds like Obama will not call his own bluff […]

When was the last Frances Piven White House visit?

David Horowitz gets it – http://www.discoverthenetworks.org/individualProfile.asp?indid=2505

US had 8 years of 5% Unemployment under “The Worst Economy in 100 Years!”

[…] Mr. Clean Hands also blamed Bush and whipped out the scare card, warning of Armegeddon!Update 2: Legal Insurrection has more on Mr. Clean Hands press conference today – the professor thinks Clean Hands […]

“Millionaires and billionaires can afford to do a little bit more … so that corporate jet owners aren’t getting unnecessary tax breaks.”………..my favorite, just so we can give to the guy who WON’T do a @@@@ thing.

Spelling it Oblahblah seems more and more appropriate, and also serves to retain a slight twinge of sanity. Beginning to feel a little sorry for the poor teleprompter thingy.

“If they show me a serious plan, then I’m prepared to move” are the only words that matter in the entire press conference.

[…] Obama won’t call his own Bluff! […]