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Post Info TOPIC: Obama’s to Blame for the First-Ever U.S. Credit Downgrade


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Obama’s to Blame for the First-Ever U.S. Credit Downgrade


http://www.investorplace.com/2011/08/obamas-to-blame-for-credit-downgrade/



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A chart that almost looks official doesn't necessarily mean it's accurate. I can tell you with certainty that those numbers are NOT accurate as it shows no sign of the Bush spending that was done off budget like wars and his billionare tax cuts ect. Also, it takes more than a President to create a financial mess or recovery... Congress usually has a gigantic role in that too.

That chart was created by Richard C Young, a highly partisan hater of all things Obama, and lover of all things Ron Paul.

Not exactly living up to journalistic standards again eh Rex?

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PowerStroker wrote:

 Also, it takes more than a President to create a financial mess or recovery...


Obama is proving that theory to be incorrect. Have you noticed our rating downgrade from S&P? Taken a look at the stock market lately? I am sure the national debt is under control too huh?

Where is Obama right now anyway? Oh that's right... He's on vacation!



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So is Congress

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Who is commander in Chief? Obama or congress?

Obama could have canceled the vacations or even brought in a pinch-hitting congress to proceed while they were out. It was just easier for him to follow, which he has done all throughout his Presidency. I find it odd how much Obama complains about Bush, yet seems to do everything the same.



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If you think President Obama can bring in a pinch-hitting Congress, then you're understanding of the Constitution is much worse than I thought. Michigan public schools have failed you. School has also failed the partisan hack who created that chart which conveniently doesn't show you what Bush did after his first 2 years. It's what Bush did after his first 2 years that make Obama's numbers look artificially bad. For that matter, it's what Clinton did after his first 2 years that made bush's first 2 look artificially good.

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Boy PowerStroker you keep stepping on your own dick! Considering you have to dig thru pubic hairs to find the damn thing I find it somewhat amazing!

I should also note PowerStroker, that Obama has the power to recall members of congress from a vacation/recess. And anyone who fails to show up can be replaced using the method below. Everyone knows he wouldn't dare do that because it would interfere with him getting to go on vacation. Meanwhile the average pay for members in congress is some $170,000 per year, and what do we have to show for it?

http://en.wikipedia.org/wiki/Recess_appointment

A recess appointment is the appointment, by the President of the United States, of a senior federal official while the U.S. Senate is in recess. The U.S. Constitution requires that the most senior federal officers must be confirmed by the Senate before assuming office, but while the U.S. Senate is in recess the President can act alone by making a recess appointment. To remain in effect a recess appointment must be approved by the Senate by the end of the next session of Congress, or the position becomes vacant again; in current practice this means that a recess appointment must be approved by roughly the end of the next calendar year. Recess appointments are authorized by Article II, Section 2 of the U.S. Constitution, which states:

 The President shall have Power to fill up all Vacancies that may happen during the Recess of the Senate, by granting Commissions which shall expire at the End of their next Session.

Sure it would have been a bit drastic but it would have shown Americans that Obama was SERIOUS about his job. Given the fact that Democrats let the debt ceiling linger to the 12th hour he should have made it clear that unless an agreement was reached to avoid a credit downgrade this would have happened, instead he took the easy way out and made sure our government went on vacation, at the expense of our nations credit rating.

Funny how when congress recessed for vacation they were all able to magically figure out how to use a telephone and video conference technologies to address the FAA budget problems, yet we pour millions into flying these people back and fourth during regular sessions.

Who is the commander in chief again PowerStroker?



-- Edited by SELLC on Sunday 21st of August 2011 08:47:28 PM

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Obama is currently unable to recess apoint anybody because Republicans are using a manuver which technically keeps the Senate in session by having a couple of their knuckle heads stay behind and debate pointless stuff with eachother. They are doing this because they know if they don't, Obama will nominate Elizabeth Warren to head the new consumer protection bureau. Republicans don't like her... Or even the idea of consumer protections.

Yes the President can call them back in to session, but what's the point if they're not going to pass any legislation anyway?

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PowerStroker wrote:

Yes the President can call them back in to session, but what's the point if they're not going to pass any legislation anyway?

 Just a minute ago you were saying "If you think President Obama can bring in a pinch-hitting Congress, then you're understanding of the Constitution is much worse than I thought. Michigan public schools have failed you." Now look at ya!

Much like Obama and the Democrats YOU lack the scrot to manage this country! We need a REAL leader in there, one that wont put his vacation in front of the nations welfare.

What's the point? How about standing up for all the idiots who voted for him, idiots like YOU PowerStroker! This is pointless, much like the past 3 years.



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PowerStroker wrote:

Obama is currently unable to recess apoint anybody because Republicans are using a manuver which technically keeps the Senate in session by having a couple of their knuckle heads stay behind and debate pointless stuff with eachother.


 Funny you should mention that PowerStroker... Perhaps if the Democrats would have debated that "pointless stuff" then we would not be at the impass we are now.

Of course, the SCOTUS is going to be hearing some arguments as it pertains to recess apointments this year, that's if of course the Democrats dont blow it.



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