House Democrats reminded the GOP of the importance of raising the debt ceiling — in the words of President Ronald Reagan. He's the president Republicans love to quote, particularly when it comes to economic policy.
Today, Nancy Pelosi tweeted, "If House GOP won't listen to economists, perhaps they'll listen to President Reagan."
A newly released video offers remarks he gave in a radio address on September 26, 1987. Reagan discussed the severity of the U.S. meeting its financial obligations to avoid defaulting on loans. Text on screen pops ups reading, "That's an adult moment."
The tone seems to be shifting in debt negotiations to be more positive. In a press conference today, President Obama applauded the bipartisan group of senators, the so-called Gang of Six, for coming with new deficit reduction plan "broadly consistent" with his goals. He urged lawmakers to use it as a blueprint to work off of before the August 2 debt limit deadline.





This is a post I read over @ The Only Adult In the Room/Blackwaterdog's website and I think it sums up perfectly what Lawrence has been trying to tell us.
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Ask yourselves how many times you have doubted or second-guessed the Prez only to find out that he did his job better. Frankly, I have to tell you, not a single one of us here, not in the entire United States or the world, is there one person with the political acuity of Prez Obama. He is years and years ahead of all of us in his ways of thinking and acting.
This guy beat the golden standard of politics in the Democratic Party when no one gave him a chance; he beat the golden standard in the Repugs when he beat a war hero and, he won a Nobel prize when no one expected, he got Osama bin Laden—not to mention that he graduated magna cum laude. How much more do you need to feel reassured safe in his hands? Show me anyone in that room who has equal credentials…
Relax; give it a couple of days. If you do not like the final product, make up your mind then….
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Thanks Lawrence for the education to your viewers. You may have nailed this thing when no one else did.
You reminded us all of why we voted for him. And it wasn't because of his good looks.
Are you a gay-queen-liberal like Lawrence because he is one full of hate with everyone else that is not one of you peoples
our president DOES have a great smile.
Pay your taxes and all the rest with Obamas smile
OK, here we go with another right-wing bagger conservative who doesn't have anything intelligent or thought-provoking to say. you all just want to come here and call names and show off your ignorance by comparing liberals to communists.
communism, as we know it today, does not resemble the democratic party in any way, shape or form. it does, however, resemble what the republican party is trying to do to the united states of america by taking rights and money away from the poor and middle class and giving everything to the rich. the rich, whom they happen to be a part of.
and why must you stoop to calling those with whom you disagree a "gay-queen-liberal"? i simply do not see lawerence as someone who is full of hate. the republican party has its share of gays, but i am sure you know that. just to be sure, i'll list a few here just to educate you.
mitch mcConnell-gay
lindsey graham-gay
grover norquist-gay
marcus bachmann-gay
condaleeza rice-gay
larry craig-gay
mark foley-gay
sheperd smith-gay
marc mehlman-gay
there are others in the right-wing bagger party.
the reason i point this out is that you use the word "gay" as a slur. the democrats fight for civil rights for gays and lesbians. unlike the republican party and the baggers who try to take civil rights from those from whom they use to get their sexual pleasure.
This is an appeal to the sane Republicans who hopefully can put party and politics aside and do what is right for the country as a whole. And hopefully it will also help them get a backbone strong enough to tell the baggerloons to go find their own crazy loon tent cause there has no more room in this one for inflexible ideologues who have already obligated their allegiance with purity pledges and who care less then a damn about the American people.
What about the democrats-liberal-communists
i am going to try to explain this to you. the democrats have already put all of their "sacred cows" on the table. the republicans are the ones that are holding this up, by not putting their one "sacred cow" on the table to help bring down the deficit.
the debt ceiling needs to be raised to pay for bills that have incurred in the past by BOTH parties. and if you look at our history, you will see that the republicans are the great deficit builders, and the democrats are the ones who have balanced the budget.
the republicans are the ones responsible for this deficit. and now they don't want to help fix it, they want to blame it all on President Obama, not raise the debt ceiling, and let the chips fall where they may for the american people.
the republicans have shown themselves to be who they really are-concerned only for themselves and the rich. they think that they are doing what needs to be done so that President Obama doesn't get re-elected.
the republicans always gave the debt ceiling raise to a white president. their bigotry is shing through.
The Republicans and the Tea Baggers bow in supplication to Grover Nordquist and anyone who is rich - period. Talk about prostituting yourselves for money. Republicans and tea baggers in Congress are government prostitutes for the rich and they know it. BTW, the latest Republican lie is that President Obama hasn't put out a budget. Republicans have proven themselves to be unintelligent, downright stupid. The President's budget is on the OMB website - read away people. Oh, that's right, Republicans not only can't do the math and just spend spend spend, they can't face the truth - that the President is actually doing his job, and theirs too! and has indeed put out budgets. Too bad Republicans in Congress spend more time in theatrics and lies than they do doing their jobs. But then again, they don't work for the people, they swore alliance to Grover and the rich;. Can't wait for 2012 - Republicans, you are going to be fired and sent home in disgrace. What a bunch of greedy, unintelligent disgusting liars Republicans are. But then again, when you are being fed a bunch of money to lower your morals and standards, well, Republicans are only stinking up the place. They will be thrown out in 2012 and we can't wait.
Another fact, President Barack Obama has cut more out of the federal budget than any President in recent history. Another fact, the bills that are due and payable which is forcing the need to raise the debt limit is all the Republicans' bills under George Bush - you know, Medicare Part D that the Republicans passed in the middle of the night behind Democrats' backs, the two wars started by George Bush, the Bush tax cuts, and the bailout of Wall Street. The debt ceiling must be raised in order to pay the Republicans' bills. President Obama, for every dollar that he has spent, has cut one dollar from the budget. President Obama has cut 905 billion in federal spending since he took office, and he has spent 884 billion. So all you Republicans are liars and not the other way around. How sad for you Republicans that you only have lies on your side, while we Democrats have the truth, and that this country has a President who actually gives a damn, while Republicans only cater and supplicate to Grover Nordquist and the rich and sell the rest of us out and then give their constituents only lies and expect and believe that this is acceptable. Any Republican constituent out there who believes the swill you are being fed every day by your party are doing a disservice to yourselves and to this country while your party is playing dangerous political games on your dime and on your time. Shame on you for not demanding better of your lousy stinking Republican politicians. Shame on you for foisting them on this country during a time of crisis and letting them damage us and our country even more. Start believing facts and the truth for a change, and throw out your trash. We are in 2012 and we can't wait.
Baggers have nothing of substance to add to any conversation other then talking points.
Uh huh. And here's the Dem's/Liberal's Golden Boy saying raising taxes doesn't work:
cnbc.com/id/43771118
Please stop drinking the Kool-Aid...
Ron Paul 2012:
youtube.com/watch?v=sEP8cQF-QC4&feature=feedu
That old "drinkin the kool-aid line went out about the same as "odumbo" or whatever. You need to modernize your insult arsenal.
Republicans and teabaggers are so nauseatingly repetitive aren't they. Truly disrespectful, and yes, indeed, racist. Poor things to be so angry and so disconnected from reality, but then again the righties seem to be this country's cross to bear, for surely they bring nothing good to the table, let alone during the crisis Republicans brought down on our heads in the first place. Soldier on Democrats. This country is better for Democrats and this President, and the righties hate that. Hate and lies is all the righties and Republicans are capable of and they bring nothing good to our country.
Why do I need to modernize my insult material??? You've plainly shown your ignorance by doing that which you accuse everybody that's not a democrat of doing. The whole "I'm right, You're wrong" argument that everybody, Republicans and Democrats use when discussing politics. LISTEN, to what Ron Paul is saying. You won't hear anything he's saying spoken by the the left OR ON THE RIGHT. If you like to think of yourself as openminded, then do yourself, and our country, a favor and research and read up on Ron Paul.
Never under estimate our scholar of a president. The teabaggers are doing just that and looking more stupid every day. I can hardly wait for the debates to begin. Thanks Lawrence for all the government history lessons. Most of us have spent our lives working and being good Americans, and don't understand all the inner workings until we get slapped full in the face with the results of what we have not been paying attention to. There used to be good solid republicans, until a black man was elected president. Well get over it, in the years to come if this country is not destroyed there will be more black man/woman, women who will run this country. Put your hatred under a white sheet and move somewhere else.
Not directly related - but even as a big fan I'm finding your constant mention of your former political career a bit condescending and repetitive.
You're over-talking about it while guests sit and listen. It makes them seem sympathetic, even when they're not.
There's no need to keep mentioning this every evening.
"You don't need more taxes to balance the budget. Congress needs the discipline to stop spending more, and that can be done with the passage of a constitutional amendment to balance the budget."
- The rest of what you selectively edited