Obama's agonizing speech = water torture
Obama calls those making $250k the 'private jet class' during a speech yesterday making the case for raising taxes. He went on to pathetically attack non-existent 'subsidies' for oil companies, but things really got laughable when the President said he didn't want to fearmonger -- buuuuuuut. Ref. Source 9
Rubio blasts Obama: "When will the magic of this President start to happen?"
Senator Marco Rubio will reportedly be issuing a response to Obama's pathetic class warfare speech he gave the other day. Rubio says that's the kind of language you'd expect to hear from the leader of a Third World country, not the United States. Ref. Source 9
President Barack Obama has scheduled a news conference for 11 a.m. Monday to discuss efforts to to work out a deal to reduce the nation's budget deficit.
The White House also announced that congressional leaders will return to the White House on Monday to continue talks on a deficit reduction deal and raising the government's debt ceiling.
Obama, Vice President Joe Biden and top Republicans and Democrats from the House and Senate met for more than an hour on Sunday evening to discuss a deal. Ref. CNN
OBAMA is 'bending over backwards' to solve debt crisis
President Obama is getting yet another assist from the media during the debt limit debate, as reporters practically begged him to solve the problem. Obama's press conference was simply amazing -- here's a portion of it: OBAMA:"The public is not paying close attention to the ins and outs of how a Treasury auction goes. They shouldn't. They're worrying about their family, they're worrying about their jobs. They're worrying about their neighborhood. They have got a lot of other things on their plate. We're paid to worry about it." Ref. Source 7
Obama caught in a massive lie
There's a noticeable trend happening with Barack Obama's stories - whenever someone checks the facts, they're all wrong. The latest example comes from Obama's famous campaign story about how his mom, suffering from cancer, struggled in her last days with insurance companies. The truth is quite shockingly different. Not shockingly, the media is ignoring this massive lie. Ref. Source 2
Obama gives ultimatum: 36 hours OR ELSE!
The One has issued an ultimatum - come up with a decision in 36 hours or else! Or else what? The President is clearly bluffing -- will the GOP hold firm and not cave to the pressure from the left? Or will they fall for the President's phony threat? Ref. Source 9
Glenn shreds Obama's tax hike policy
What's the biggest tax loophole around? Almost 50% of Americans pay no taxes. So even though Obama says they aren't, the wealthy are paying far more than their 'fair share' of taxes. The reality is that the top 1% of taxpayers paid more than the ENTIRE BOTTOM 95% of taxpayers. But that's only the beginning of the nonsense - Glenn absolutely destroys the Obama tax hike argument on radio today. Ref. Source 1
President Obama says that deficit reduction proposal presented by bipartisan group of senators offers "potential for bipartisan consensus" for getting an agreement on raising the country's debt ceiling and reducing the country's long-term debt.
Obama was reacting to a plan by what had been known as the "Gang of Six" that the president said included spending cuts and "modifications" to Medicare and Social Security and increase revenue through tax reform. The U.S. Will hit its debt ceiling on August 2 and Obama characterized negotiations as in "the 11th hour." The president said, "We don't have any more time for symbolic gestures or posturing." Ref. CNN