Politics

Obama Debt Commissioner: Reduce Spending and US Will End Up A Third World Nation

Comments (108)

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  • dmhirman
    Posted on September 22, 2010 at 10:34am

    they are so clueless. I wonder if they eat with the same mouth they dish out the BS with.

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    • JayDawg
      Posted on September 22, 2010 at 2:10pm

      You assume that their comments are coming from their mouths. Personally, I am of the opinion that those comments flow from an orifice in a more southward direction from their mouths…

      Report Post »  
  • van
    Posted on September 22, 2010 at 10:33am

    We don’t need another commission full of progressive marxists to figure out how to reduce the deficit, the answer is simple: stop spending money and cut the budget including most of the entitlement programs. Maybe if people aren’t getting a “free ride” they will go to work.

    Another thing, I keep hearing “them” talking about the 95% of Americans who are the “middle class”. How in the hell can 95% of anything be considered the middle? And how is it that they are getting away with calling someone who makes more than $250,000 “rich”? They aren’t rich, they are part of the “hard working” Americans and very probably the “upper middle class” in America not the rich.

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    • rfycom
      Posted on September 22, 2010 at 11:08am

      Van, so you measure wealth by how much someone makes in a year? I made over $250K last year and I have a net worth of $12M. I worry about the middle and the poor. Tax me. Tax us all so we can pay this debit down.

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    • van
      Posted on September 22, 2010 at 12:31pm

      Not everyone making $250,000 or more a year have accumulated millions of dollars.As far as tax us all, I totally agree but that means “all” not just the top 5 or 6 percent. Every American should “invest” in their country, not just take from the government.

      We should also begin to cut back on entitlement programs and stop the madness in D.C. America cannot afford the road we have been on for a long time, both parties are at fault, “professional, qualified, career politicians” are one of the main problems we have.

      We need term limits and “citizen” politicians, but the electorate will have to wake up first and understand who they are voting for and what they stand for.

      Report Post »  
  • Miami
    Posted on September 22, 2010 at 10:31am

    Any wonder they don’t pay their taxes…?

    Have they ever balanced a bank account?

    It is obvious none of these people have ever held a real job out of a thinktank or school / indoctrination center. Just like Karl Marx himself a theorist never got the grasp of an honest days work…!

    Report Post » Miami  
  • bhelmet
    Posted on September 22, 2010 at 10:26am

    We are truly in trouble people. Time to unite.

    Report Post » bhelmet  
  • freebornson
    Posted on September 22, 2010 at 10:26am

    Anger. I am tired of these morons spending my tax money. Throw the bums out and bring someone in who will do to the government what a new penny pinching CEO does to a wasteful company…cut spending. Cut spending and return the money to the “investors” (read taxpayers like you and me). Idiots. Basic financial principles. Stupidity this blatant almost has to be intentional.

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  • liberty66
    Posted on September 22, 2010 at 10:25am

    We were not paying attention when this inexperienced idiot who never held a real job, or made a payroll, or had any business experience at all was campaigning to be the leader of this nation, and is now destroying it !!!

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  • Sandy
    Posted on September 22, 2010 at 10:24am

    Her statement is insane. I have never seen someone end up Bankrupt because they cut their spending when necessary. People in bankruptcy court are there because they did NOT stop spending soon enough.

    Report Post » Sandy  
  • CottonMPG
    Posted on September 22, 2010 at 10:24am

    Lowering taxes especially for buisnesses and entrepreneurs, but really everybody, is a good start towards pumping up the economy.

    Report Post » CottonMPG  
  • adifftake
    Posted on September 22, 2010 at 10:21am

    You should in the future give the following remarks in her comments so we can make up our own mind about the context of of comments, otherwise The Blaze is no different than the lamestream media.

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  • GOTT-EM-MAUSER
    Posted on September 22, 2010 at 10:19am

    Well we already have a “Third World” Class Government. The country is filling up daily with more and more “Third World” Class People. The “Third World” Class Economy is now firmly in place. All that’s left to make it a Wrap, is Street Riots and the resultant Civil War.

    Look at what Robert Mugabe has been able to do in Zimbabwe/Rhodesia. And we have Barrack Huessein Obama working on it here. Our THIRD WORLD STATUS is a forgone conclusion.

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    • Bobbie227
      Posted on September 22, 2010 at 10:50am

      I would agree that we already have a third world class “government”. But I do not agree that we have a third world class “citizenry”. If we all get out and VOTE “wisely” in November, we can start to turn this nasty trend around. It won’t be easy, but it IS DOABLE! Please don’t under-estimate the “power of the people”.

      Report Post » Bobbie227  
  • Bobbie227
    Posted on September 22, 2010 at 10:19am

    Again, I do not have a full college education, but having grown old and working for a living, I KNOW that this strategy would NOT work. This is nothing more than a strategy to spin their agenda and lies in order to get their way and THROW America into a third world country all the while hoping that we don’t “get” what is going on!!

    Report Post » Bobbie227  
  • megansmom
    Posted on September 22, 2010 at 10:18am

    So if I keep writing checks, the money will just suddenly pop into my checking account to cover them.
    Okay sounds good to me.

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  • P31Mom
    Posted on September 22, 2010 at 10:18am

    1) Mr. President — stop complaining about what you were left with and start finding new solutions that actually work — because what you‘re doing isn’t!

    2) When are these people going to get that if spending money you don‘t have in your household budget doesn’t work and isn’t a fiscally sound way to operate, neither is doing so in a larger budget setting — whether it be locally, regionally, statewide, or nationally?

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  • CottonMPG
    Posted on September 22, 2010 at 10:17am

    It will be nice if somebody will get serious about reducing both the deficit and the debt!!

    Report Post » CottonMPG  
    • GOTT-EM-MAUSER
      Posted on September 22, 2010 at 11:10pm

      You definitely won’t see that anywhere in the Republi-Socialists new “CONTRACT”. Deficit spending, other than in times of war(declared by Congress) must be outlawed under the Treason Definition. The Federal Reserve must be disbanded and a “Real Currency” issued(by the U.S. Government) and then all “National Debt” paid pro rata with it. I would be happy to pay the Taxes required to do that. But it won’t ever happen. Just heard on the radio that the U.N. is ready to push forward a Global Tax to relieve the World Wide Suffering from the Obama Depression. Spain needs help with their 22% unemployment and failed economy, and so they want “other nations” to share their burden. Anybody want to guess just “Which” other nations they’re talking about.

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  • Alvin691
    Posted on September 22, 2010 at 10:16am

    Isn’t this the idea, to make us a Third-world nation by taking wealth from Americans and giving it to our “victims”? Aren‘t we being punished for the failures of other nation’s corrupt socialist policies?

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  • SallyV
    Posted on September 22, 2010 at 10:15am

    I thought that was the idea – bring the U.S. down to the third world level..we better keep our eyes open and watch both hands – the next two years are going to be critical. I hope we wake up soon and hold our elected officals’ feet to the fire.

    Stop watching the mundane and start paying closer attention. This administration is trying sooo hard to distract us with garbage. Look at all the rights we have already lost.

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  • AMERICANCITIZEN
    Posted on September 22, 2010 at 10:14am

    Where do these people come from? America Wake Up!
    Does spending a bunch of money on your credit card after you have been layed off ,work in any regular persons household? The government needs to stop spending money we do not have.
    We must start looking at social programs, reducing federal jobs, federal pension plans, post office, amtrak, and the list goes on.We must face reality, we will have to make these decisions eventually, the longer we wait the worse it ‘s gonna be.
    November is coming
    God bless America

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    • Debrabate
      Posted on September 22, 2010 at 11:24am

      The American Government needs to start living like the American Family. When debt is high… we dont go out for steak dinners, we eat beans and bread.

      Time for the Govt. to go on a beans and bread diet. Stop sending money to protect a bug… I squash bugs, I dont relocate them. Stop spending money to make signs, get cardboard and a marker and have each congress man MAKE ONE… just like we do.

      Stop printing out so much nonsense when it is readly available ONLINE…. that is what the families do. Stop spending money to renovate buildings that dont need renovation… hint Mr Pres- when American Families are in debt, we cant afford to redecorate our rooms… since the Govt is in MASSIVE debt, we cannot afford to redecorate your office.

      Another way to cut the budget is Foodstamps… hellooooo if a family gets foodstamps or welfare, require that they get drug tested and cut them off if they are doing ILLEGAL drugs… illegal is illegal. Limit the amount of time anyone can qualify for welfare and foodstamps over thier lifetime. those programs are SUPPOSED to be a hand UP… not a hand OUT.
      Mrs Obama, want to cut back on fat kids, how about you take on the people using foodstamps to buy soda and candy and sweets.

      Want a balance federal budget with an extreme surplus, give a housewife a red pen and the budget… we will cut the fat FAST.

      Report Post » Debrabate  
    • iamhungry
      Posted on September 22, 2010 at 1:03pm

      Capitalist economies are run via consumption. If there is no consumption then the economy seizes up. When there is less private consumption going on (such as now) then the government needs to continue consuming (or increase it) so that the wheels of the economy keep turning.

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    • Psychosis
      Posted on September 22, 2010 at 6:43pm

      @ iamhungry……….so if the public stops spending the government has to……..what you fail to identify is why they have stopped spending……..the government has created the problem with overwhelming laws and regulations forcing these companies to act in a certain way and then the government steps in an says here ya go i will help fix it knowing all the while that they are the ones that created the situation to begin with

      Report Post » Psychosis  
    • GOTT-EM-MAUSER
      Posted on September 22, 2010 at 10:31pm

      IAMHUNGRY,

      I AM TIRED OF FEEDING YOU, and my kids aren’t going to either. As Debrabate alludes to above, I have spent the last 50 years working my ass off and sometimes living on Pinto Beans and Cornbred, to feed my family and continue paying taxes to the Socialist Government. Let’s spend your money to keep the economy rolling with Government Spending. NOBODY in this country is HUNGRY nor IN POVERTY nor lacking MEDICAL CARE, they just don’t have a Big Screen TV in “Every” room, so deh is po folks, and needs sum hep.

      Do you folks not get it even now? There is no such thing as Government Money, there is ONLY MONEY STOLEN by the Government at gunpoint from whoever earned it, through TAXATION. We are now out of MONEY for you to STEAL and spend as you see fit.

      Well this is now OVER, the Bills have come due, and no one can pay them. IF you don’t believe this, hide and watch. And FYI, it no longer matters who gets elected, NONE of them can FIX IT. So, UNLESS JESUS CHRIST returns, we’re all on our own.

      Report Post »  
    • PostProgressiveAmerican
      Posted on September 23, 2010 at 4:15am

      I have to agree with Mauser, but would rephrase it slightly. Capitalism and the free market cannot work under a socialistic government. Unless we all want to be truly equal (equally poor and oppressed that is), we need to shift the Government away from socialism. Government is NOT the economic engine in free markets; it is an economic black hole.

      Excessive government spending is a waste in the good times, and suicidal in the bad. I don’t know about you, but I think that stimulus money to ‘create jobs’ is a waste since these jobs are not permanent and will expire with the funds. Instead of wasting the money, leave it in the tax payer’s pocket where it belongs. If the Gov’t can’t do that, why not make the stimulus money available to small businesses via 10 year, no interest loans? Then at least we would have the potential for economic growth and continued employment.

      Report Post » Post-Progressive American  
  • RojBlake
    Posted on September 22, 2010 at 10:14am

    Inherent flaw in argument…in order for the government to spend money, it first has to take money out of the economy (as taxes). The taxes have to go to pay for government services etc. (including the Buraeucrats nessecary to take & track the money).

    Government doesn’t “create jobs” (other that government jobs which are a drrain on the economy) all it can do is create the atmosphere in which the economy functions (business friendly or hostile).

    Report Post » RojBlake  
  • heidi586
    Posted on September 22, 2010 at 10:13am

    Rick Santelli said it best – “If I‘m drowning in quick sand I’m not going to yell out ‘Who put this quick sand here?’ NO! I’m goping to yell for help to get me out of the quick sand.” It doesn’t matter how all the quick sand (that is swallowing our nation) got there….the source needs to be cut off and drained. These people make no sense….“you need to spend money to make money”….first you have to have money to spend it!! I can’t make money by going crazy with my credit card or by stealing from other people to “spend” their money. IDIOTS!!! No common sense – None!!

    Report Post » heidi586  
    • Bigolfascist
      Posted on September 22, 2010 at 11:08am

      Oh, Heidi, you just don’t understand economics, do you? The rich get taxed, and we get more money to spend. If it isn’t enough, we print more. When there are no more rich people to tax, we print even more money. There is no end to the money we can spend—ah, well, that the government can spend it on your behalf, of course, ’cause they know what you’d want them to spend it on. You don’t need to make more or worry about spending anything. They got yer back! Also, don’t worry about all that toxic ink spewing into the water system of DC or anything like that. We’re gonna go green and only use environmentally friendly natural plant inks. Like we said before: we got yer back!

      Report Post » Bigolfascist  
    • flamedone1968
      Posted on September 22, 2010 at 3:13pm

      It does if you look at it from their point of view, “the redistribution of wealth.” They are setting us up with a huge credit bill that will absorb all of our combined wealth through government expenditures, giving them not only all of our current wealth but future wealth for generations. Thus giving the elite complete control and ownership of everything and everyone. That’s correct, “EVERYTHING AND EVERYONE” we will all be slaves to their system. Those who are rebellious will either be starved into submission or destroyed with war. We all have to wake up, I know it sounds like a doomsday prophesy but that is exactly what is happening. One world government through a violent financial takeover.
      If we wake up now we might have a chance to fight ourselves free, but the longer we take to get to action…

      These videos are long but effectively spell it out and inform you. Watch them and share them!

      http://video.google.com/videoplay?docid=5232639329002339531#

      http://www.youtube.com/watch?v=eAaQNACwaLw

      Report Post » flamedone1968  
  • poverty.sucks
    Posted on September 22, 2010 at 10:12am

    Eliminate the debt and eliminate the position

    Report Post » poverty.sucks  
  • natstew
    Posted on September 22, 2010 at 10:09am

    Under what rock did the Marxist In Chief find this idiot?

    Report Post »  
  • poverty.sucks
    Posted on September 22, 2010 at 10:09am

    Eliminate the debt and eliminate his position.

    Report Post » poverty.sucks  
  • tdaly
    Posted on September 22, 2010 at 10:08am

    They are already unemployed lady. She sounds like Joe bite me. “We have to spend money to get out of debt” Brilliant!

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  • Polwatcher
    Posted on September 22, 2010 at 10:07am

    B.O. must assume that government spending until it goes broke will make us a prosperous nation.

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  • natstew
    Posted on September 22, 2010 at 10:05am

    Where did the Marxist in Chief find these idiots?

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    • ishka4me
      Posted on September 22, 2010 at 10:15am

      i think the president is confused. The Republicans are not spending money, they are calling for a tax cut. Far different then spending. In the past tax cuts have always increased tax revenue and Presidnet Obama knows this. President obama wants to punish the successful. i can’t hear anything else in his words.

      Report Post »  
    • snowleopard3200
      Posted on September 22, 2010 at 10:23am

      Once again the administration does not get a simple concept of business…

      If you have more money to spend, like with lower tax rates, you can invest it back into the business to make cheaper and better goods, hire more people, and make more money which goes back into the same loop again – all total real wealth grows, resulting in more revenue from the taxes.

      Also, if you are out of debt, you have more money to spend from not paying the extra interest rates and the debt itself – making more availible for investments.

      Very simple equasion, too bad Mr Obama and his lackys do not get it.

      Report Post » Snowleopard {gallery of cat folks}  
    • tobywil2
      Posted on September 22, 2010 at 10:24am

      “AMERICAN THINKER” posted my paper “OF JOBS AND WEALTH”. The paper shows the lack of understanding apparent in the Democrat’s support of the multiple stimulus initiative. A link to the paper follows: AMERICAN THINKER

      http://www.americanthinker.com/blog/2010/01/create_wealth_not_jobs.html

      Report Post » tobywil2  
    • Freelancer
      Posted on September 22, 2010 at 10:26am

      Why do they always refer to a tax cut as a cost to the taxpayer? It is NOT a cost. It is OUR money, not theirs and if they want to consider it a cost, then cut spending somewhere to offset that “cost” such as the growing number of needless federal agencies that employ hundreds of thousands of paper-pushers that offer little to NO return for their paycheck. Collapsing the system seems to be well on track and I am not convinced that we will EVER be able to stop it from happening. We have been apathetic for way too long and these Marxists have been operating with complete freedom assembling the infrastructure for a very long time. They just need the right catalyst to implement the machine. A terror attack would most likely give them the excuse.

      Report Post » Freelancer  
    • liberty66
      Posted on September 22, 2010 at 10:31am

      Why did we elect the Marxist in chief. I knew he was a Marxist as soon as he opened his mouth in the beginning. Most of the Nation was not paying attention.

      Report Post »  
    • Okpulot Taha
      Posted on September 22, 2010 at 10:42am

      TOBYWIL2 adds interest, “AMERICAN THINKER posted my paper”

      “Our President and the Congress are promising to create jobs by enacting the ‘Jobs for Main Street Act.’ Someone is confused here.”

      I quote you from your article to verify I have read your words. Clear to me you are a good thinker and equally clear, I am in basic agreement with you.

      My comments here are not to be mistaken for a critique of you. My comments are a critique of American Thinker.

      This American Thinker outfit is a camouflaged left liberal organization. I am not quite sure what is the agenda of American Thinker but whatever agenda, this is a left liberal agenda. American Thinker practices severe Iron Fist censorship and does control the message, typically to a moderate side as in “conservative liberal” or “moderate conservative”.

      Years back, when I first began participating at American Thinker, many readers expressed appreciation of my being bluntly truthful. A staff member at American Thinker publicly wrote, “Taha, you are a breath of fresh air, American Thinker needs people like you.”

      Quite soon, editors at American Thinker began censoring my articles, cutting out paragraphs and changing the context of my articles. Today, American Thinker refuses to publish any of my articles. I am not allowed to participate at American Thinker.

      Point here is readers need to be careful where you write. Many web sites advertise to be conservative, many web sites advertise to be a place for thinkers. Quite often, this is not true.

      American Thinker is a poorly concealed left liberal web site which practices harsh censorship. Do not be fooled by their outfit logo name; they are actually Un-American Thinker.

      Okpulot Taha
      Choctaw Nation

      Report Post »  
    • butler180
      Posted on September 22, 2010 at 11:20am

      Remember on election day that Congress approved of his appointments.

      Report Post » butler180  
    • timeisnow
      Posted on September 22, 2010 at 11:28am

      Can you say Doing the Alinsky Dance? Its people like her and Obama that Created the Tea Party Movement…Soooooo Progressive and a itty bit Marxist b LOL

      Report Post »  
    • independentvoteril
      Posted on September 22, 2010 at 11:29am

      That statement IS true IF YOU HAVE A BUSINESS the GOVERNMENT is NOT a business.. the ONLY money they have coming in BELONGS TO THE PEOPLE..and they are borrowing from BIG BANKS all over the world (mostly owned by one family) in order t print more.money for THE PEOPLE to pay back..

      Report Post » independentvoteril  
    • Beckofile
      Posted on September 22, 2010 at 12:16pm

      Listen! Listen! Listen! Listen! Listen!
      When the Bamster says we cannot afford the tax cuts he really means we cannot afford to leave people with their own money. They have stolen the language. They have spent the money before the heist has happened. A thief cannot afford not to hold up the bank once he spent all the money on his kids credit card and the bill is in the mailbox. This logic is crazy marxist speak.

      Report Post » Beckofile  
    • randerson503
      Posted on September 22, 2010 at 1:46pm

      Not only did those tax cuts produce record revenue to the federal coffers, but they also led us out of the recession left by President Clinton. Unemployment was at record lows and the economy was good until the housing bubble burst due to forced lending to bad borrowers.

      Report Post » randerson503  
    • mark59fla
      Posted on September 22, 2010 at 2:43pm

      You know, after listening to these people, I‘m glad I didn’t go to college to be that smart.

      Report Post »  
    • Cynic-clinic
      Posted on September 22, 2010 at 4:34pm

      Okpulot Taha–Prove your claim against American Thinker by posting the original articles you say they modified or refused to print. I‘ll contact AT for their version and then we’ll find out the truth. I dare you!!!

      Report Post »  
    • Compete or Lose
      Posted on September 23, 2010 at 6:37pm

      I am CPA/MBA. 40 years fiunancial experience.

      She is wrong–more deficit spending is courting disaster. Eventual hyper inflation, assured lowering of the US standard of living.

      RGS

      Report Post »  
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