Politics
Watch Live: President Obama Holds Press Conference to Address U.S. Debt Crisis
- Posted on June 29, 2011 at 11:25am by
Billy Hallowell
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Below, watch President Barack Obama’s 11:30 a.m. (ET) press conference to address the U.S. debt crisis:



















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Comments (98)
freedoc
Posted on June 29, 2011 at 11:55amWhat he doesnt say is the American taxpayers are on the line for nearly 250 billion dollars worth of ‘student’ loan debt. We are responsible for students ‘college’ scholarships? For their education?
Are you kidding? Get off your duff and WORK for your ‘college’.
But mark my words—–its the students who will be in the streets, along with their Union thugs, firebombing and rioting, because THEY didnt get their free S***.
Report Post »Southernguy
Posted on June 30, 2011 at 6:09amYep, just like in Greece.
Report Post »talondrew3
Posted on June 29, 2011 at 11:55amGive the government money or your kids (college students) and parents (seniors) will suffer. I’m not very smart, but that SOUNDS like blackmail.
Report Post »FANGS
Posted on June 29, 2011 at 11:54amLets see, The conservatives and Republicans are Racists. They want to hurt the poor and the elderly. Demonize the small businesses for not hiring. Umm they wont bring anything to the table. We need another Stimulous and QE 3. Lies ,Lies,Lies. I’ve never watched his speeches, and never will. The Republicans must remove obama from office for Economic terrorism.
Report Post »freedoc
Posted on June 29, 2011 at 11:51amOH. One more thing. TAX BREAKS for corporate jets. ARE you serious? Medicare itself has a long term committment of over 30 TRILLION? corporate jets????????!!!
Report Post »freedoc
Posted on June 29, 2011 at 11:49amThats the real problem….‘they don’t want a balanced approach’.
Its already SO imbalanced. Thats what is lost in this discussion.
But he is not NAIVE. He totally understands exactly where we are, and what we are doing.
No one wants to see this country default…..cept you, Mr. Obama.
EVERYTHING is for the greater good. Altruism. Socialism. Hume/Kantian/Marxist nonsense.
/barf. Cant take any more of this.
Report Post »Spyder
Posted on June 29, 2011 at 11:49amAwwwww…. Are the looters having a hard time? That’s too bad.
Obama is at least consistent. I can always count on him to deliver an unneeded pep-talk about everything that we should be doing, and yet he never tells us how he’s going to do it.
What a waste of time…
Report Post »freedom_gurl35
Posted on June 29, 2011 at 11:46amSo basically, all I heard was “get the government more involved in creating private jobs”, and “reduce the debt without being really serious about making the deep cuts”. His taking credit for the Bush tax cuts isn’t surprising, nor his claim that we have to take away tax breaks from the wealthiest shocking, either. I just wonder if he’ll include himself in that “wealthiest” category.
His so-called “choices” aren’t choices: it’s the same old Liberal/Progressive-speak of “all corporations are evil and should pay because otherwise we’ll have starving elderly and children, woe is us”.
Obama isn’t serious about tackling the debt. He’s speaking out both sides of his mouth. Typical of a liar. Why more Americans don’t see this is so beyond me…
Report Post »freedoc
Posted on June 29, 2011 at 11:46amI forgot, the class warfare: Cut defense, increase taxes on the rich. Keep money for education and entitlements.
Its ONLY fair.
Its a winning strategy. Obama is no political fool.
Report Post »freedom_gurl35
Posted on June 29, 2011 at 11:48amNo, he’s just a useful idiot.
Report Post »hi
Posted on June 29, 2011 at 11:45amTax and waste. Tax and waste. Tax and waste. Tax and waste.
Report Post »TRONINTHEMORNING
Posted on June 29, 2011 at 11:45amYes indeed; Barry doin‘ some blamin’…What a failure this guy! 2012 can’t come soon enough.
Report Post »bbg1123
Posted on June 29, 2011 at 11:43amWe just need to vote him out … the election can’t come fast enough for me, although I expect lots of lies, and lots of corruption … we will pervail … I’m sick of his anti American actions, while speaking of patriotism … to me …. he’s a joke
Report Post »Oh My God
Posted on June 29, 2011 at 11:43amAdd your comments
Report Post »Oh My God
Posted on June 29, 2011 at 11:42amThe Obama giveith and the EPA takeith.
Report Post »juneau
Posted on June 29, 2011 at 11:42amNOW he needs Congress….
Report Post »Liberal Media Dropped Ball On Nine-Eleven
Posted on June 29, 2011 at 11:42am“I want to address the American people and tell them what good things the Marxists and Communists are doing for the United States of Arabia, I mean … Amexico, I mean, Americo…”
Report Post »cntrlfrk
Posted on June 29, 2011 at 11:42amObama: If we don’t go into more debt, we will go broke.
The Republicans want to steal from the middle class.
The Republicans hate old people and brown people, and poor people.
Obama blah, blah, blah
Report Post »bbg1123
Posted on June 29, 2011 at 11:41amPutz
Report Post »freedoc
Posted on June 29, 2011 at 11:40amAlot of folks ‘struggling’, ‘busted transmission’. Mr. Obama—our country is BANKRUPT, the US Dollar is DEAD as the world currency, our DEBT is so great, it will consume ALL federal revenue in 15 years or less……GET IT?
Report Post »cece959
Posted on June 29, 2011 at 12:02pmAnd I‘m sure he’ll just be worried sick about us while he‘s vacationing in Martha’s Vineyard.
Report Post »Liberal Media Dropped Ball On Nine-Eleven
Posted on June 29, 2011 at 11:38am“I want to tell the American people out there what good things the Marxist Communists are doing for the United States of Islam… I mean’t the United States of Amexico… I mean America…”
Report Post »freedoc
Posted on June 29, 2011 at 11:38amWatch the press in this dog and pony show—no one who would argue seriously with this guy will be admitted to this ‘press room’. Sure, there will be a few softball ‘right-wing’ establishment questions, but nothing serious.
Here is my question: Mr. Obama, you helped bail out the banks and corporate America, then spent nearly a trillion dollars on special interest paybacks, and are wracking up 1.2 TRILLION dollars in deficits a year, how can we possible believe that your serious about reducing the debt, leave alone balance the budget?
Report Post »Oh My God
Posted on June 29, 2011 at 11:35amSame ol‘ same ol’. It’s not my fault, the other guy started it.
Report Post »freedoc
Posted on June 29, 2011 at 11:34amAll predictable, all to get re-elected. He intent is clear: Statism, under the auspice of ‘altruism’ and ‘fairness’.
History repeats itself.
Report Post »freedoc
Posted on June 29, 2011 at 11:32amI can predict what this guy will say, before he does so…..OMG, its a terrible crisis—–reach across the aisle, ‘everything on the table. Never mind he created half of it, or that virtuallly every word is a lie—–obviously to get re-elected.
Then BAM. He bankrupts this country for the ‘good of the people’. /slap.
Report Post »TexasCommonSense
Posted on June 29, 2011 at 11:31amHow about more actions and fewer words?
Report Post »freedom_gurl35
Posted on June 29, 2011 at 11:47amNot possible. Words is Obama’s only weapon.
Report Post »epeel2
Posted on June 29, 2011 at 11:47amJudging by his previous actions, I’m not sure that we want him to do anything! His idea of ‘fixing’ usually ends with a ‘u’ where the ‘i’ is! I apologize for the vulgarity but there‘s no nice way of saying what he’s doing to our country!
Report Post »Untameable-kate
Posted on June 29, 2011 at 12:02pmI would have loved to have been a fly on the wall when the republicans took the house and BO lost his bottomless checkbook.
Report Post »hi
Posted on June 29, 2011 at 11:28am“We need to borrow more from China, monetize our debt, and have a third stimulus.” Obama said while on a golf course with his family in Fiji.
Report Post »vennoye
Posted on June 29, 2011 at 11:33amOne thing about the 44th, you don’t even have to wait to hear what he says! :-) Talk about a ONE trick pony!!
Report Post »KickinBack
Posted on June 29, 2011 at 11:34amGet your bullsh** ears on. (And keep extra filters handy)
Report Post »banjarmon
Posted on June 29, 2011 at 11:34amWhere are THE AMERICAN FLAGS????
Report Post »SHAME on you,BO, for being UN-AMERICAN.
beekeeper
Posted on June 29, 2011 at 11:39amSpoiler Alert:
1) It‘s all Bush’s fault
Report Post »2) We’ve been working really hard trying to fix this (Democrats)
3) Republicans want to give tax breaks to millionaires and billionaires
4) It is impossible to work with the Republicans
5) We need to invest in a) Infrastructure, b) Manufacturing, Alternative Energy, Community Organizations
6) See you in 2012
hauschild
Posted on June 29, 2011 at 11:43amAttention, Attention: Idiot on deck!
Report Post »TomFerrari
Posted on June 29, 2011 at 11:59am“The ends justifies the means” seems to be obama’s excuse for Libya – “there’s been a lot of talk about process” – He is ADMITTING that the process (read: LAWS) don’t matter!!!
He says we need to look at “substance” and not “process” = look at my goals, not at the laws!
It’s NO WONDER he keeps breaking laws and urinating on the Constitution!!!
For him and the socialist democrat people, “substance” overrides laws – to use his words.
Mr. President – WE ARE A NATION OF LAWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Get the hell out of OUR OFFICE!
You SWORE AN OATH to UPHOLD the Constitution !
Not to skirt it.
Not just when it is convenient.
Not just when it suits your purposes.
Not just when it is in line with your objectives.
YOU ARE APALLING !
ANYBODY BUT OBAMA !
Report Post »TomFerrari
Posted on June 29, 2011 at 12:05pmregarding same-sex marriage – obama responds,
WE DECIDED doma is unconstitutional, so we aren’t going to defend it.
Again, HE is only following the laws HE LIKES !
He believes “substance” trumps “process”
That is just code for the ends justifies the means or, ‘I don’t have to follow the laws or the Constitution if I think it is wrong.’
Mr. President, you SWORE AN OATH to UPHOLD and to DEFEND
The Constitution of The United States of America!!!
You did NOT swear to uphold the parts YOU liked, or the parts that were in line with YOUR goals or YOUR objectives or YOUR values.
This is a NATION OF LAWS!
You DO NOT GET TO PICK AND CHOOSE, just because you are in OUR OFFICE!
Since that is what you are now stating is your belief,
GET THE HELL OUT OF OUR OFFICE!!
ANYBODY BUT OBAMA !!!
Report Post »MODEL82A1
Posted on June 29, 2011 at 12:06pmDon’t even need to watch, “Slash Defense, Raise Taxes”. The end.
Report Post »TomFerrari
Posted on June 29, 2011 at 12:13pmHow DARE obama invoke “PROCESS” and “RULE OF LAW” when discussing TERRORISTS, while SECONDS before, he completely DISMISSED “PROCESS” and rule of law when discussing Libya and The War Powers Act, and DOMA and The Constitution!!!
WHAT A HYPOCRITE!!
Report Post »GETLIFE
Posted on June 29, 2011 at 12:33pmTOMFERRARI,
Report Post »The truths contained in your comments are all important!
We need to make our representatives in Congress explain why they are letting our President ignore the rule of law– or what they are doing about it.
Good word–this man is truly APPALLING!– as are those who are in power and letting him get away with it.
TomFerrari
Posted on June 29, 2011 at 12:40pmMore false choices from obama –
cut spending AND “cut taxes” is not a single choice, and he knows it.
He claims we will be “cutting taxes” by not RAISING TAXES !
We have ALREADY VOTED on raising taxes. It FAILED FAILED #FAILED
Put EVERY cut on the floor for an up or down vote – clean votes – every cut.
Put EVERY tax increase on the floor for an up or down vote – clean votes – every tax hike!
(OH, we already did that ) I’m even willing to do it AGAIN!
BTW:
Report Post »They are NOT called “leaders” they are called “REPRESENTATIVES”
TomFerrari
Posted on June 29, 2011 at 12:51pm@GETLIFE –
Thank you.
I usually change the channel, as I get too frustrated listening to him.
Not sure why I decided to listen to him today…
maybe I got a little more COURAGEOUS!?!?
When he speaks extemporaneously like this, is when the nuggets of truth are found.
Report Post »He is accustomed to using a teleprompter.
So, when he is off-teleprompter, he cannot HELP but speak the truth at least OCCASIONALLY.
Sometimes you have to DIG for it, but, the truth is there.
In the safety and secrecy of their closed-door meetings, they use the same arguments, justification, phrasing, etc., with regularity – it is human nature – certain phrases will percolate to the top of the conversation in such meetings – it is even a part of their Alinsky tactics.
HOWEVER, this is also their weakness – in repeating certain phrases and justifications, those same phrases and justifications will surface anytime they are speaking without prepared comments. So, when he goes off-prompter, he will naturally let certain phrases ‘slip’, or he will repeat certain phrases more than once, or will repeatedly use the same justification for his actions.
THOSE are the moments of truth and clarity which catch my attention.
There is also something in his (and everyone’s) mannerisms and speech patterns that highlights which of those repeats are ‘prepared’ and which are unintended – much of it is the “um” “um” “er” “um”, the hesitations, the unusual word choice, the eye contact, and the body
Firebrand
Posted on June 29, 2011 at 12:58pm@beekeeper
Report Post »Isn‘t this the same memo that George Soros sent out in November of ’08?
TomFerrari
Posted on June 29, 2011 at 1:03pmRegarding obama‘s speech demanding compromise from the R’s:
A demand for compromise, and a willingness to compromise causes both sides to polarize and demand more and more in negotiations.
It is only when HONEST men come together with COMMON GOALS that compromise actually works.
Look at obama’s track record – he doesn’t just ask for a little more than he wants – he asks for the moon and then backs off from there – and still gets even more than he actually needed or wanted to begin with.
THAT is what was so VERY WRONG with his Israeli borders speech – EVEN IF it were Israel’s intent – you DON’T SHOW YOUR HAND – when you go into a negotiation, SHOWING how low you are willing to negotiate, you lose all your negotiating power. obama is no idiot (even if I think he is at times) and he KNEW darn well what he was doing when he did that. I believe THAT is why BeBe schooled him publicly – because BeBe KNEW obama did it on purpose. obama ruined any chance that currently existed for negotiations, I believe. If that is, in fact, the case, then I must ask WHY would he want to end negotiations?
obama doesn’t actually want higher taxes – that is his amplified bargaining chip he is using to protect what he would otherwise be willing to negotiate away. We’ve already voted on it. It FAILED.
If your used tv is worth $75, you ask $95 in your garage sale, and take $75.
Not obama – he asks $650.00 for his $75 tv. Then he accepts $525.00 for a $75 POS tv.
NO COMPROMISE
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