PDA

View Full Version : Obama Rips Congress for Taking Vacations During Crisis...



megimoo
06-30-2011, 12:17 AM
In an animated rant that livened up an otherwise subdued press conference, President Obama today lit into Congress for failing to reach an agreement to raise the country’s $14.3 trillion debt ceiling as an Aug. 2 deadline approaches, despite repeated urgings by the administration to do so. At one point he even reprimanded lawmakers by noting that his two daughters manage to do their homework ahead of time, a diligence rarely seen on gridlocked Capitol Hill.

“If the United States government for the first time cannot pay its bills, if it defaults, then the consequences for the US economy will be significant and unpredictable and that is not a good thing,” President Obama said of the debt ceiling debate. “We don’t know how capital markets will react, but if capital markets suddenly decide, you know what, the US government doesn’t pay its bills so we’re going to start pulling our money out and the US Treasury has to start to raise interest rates in order to attract more money to pay off our bills, that means higher interest rates for businesses, that means higher interest rates for consumers. So all the headwinds that we’re already experiencing in terms of recovery will get worse. That is not my opinion – I think that’s the consensus opinion. And that means that job growth will be further stymied, it will be further hampered as a consequence of that decision.”

“These are bills that Congress ran up,” he noted. “The money’s been spent. The obligations have been made. So this is not a situation – I think the American people have to understand this – this is not a situation where you know, Congress is going to say, ‘Okay, we won’t buy this car or we won’t take this vacation.’ They took the vacation, they bought the car, and now they’re saying maybe we don’t have to pay or we don’t have to pay as fast as we said we were going to. That’s not how responsible families act. We’re the greatest nation on earth and we can’t act that way. So this is urgent and it needs to get settled.


http://blogs.abcnews.com/politicalpunch/2011/06/obama-scolds-congress-says-malia-and-sasha-are-more-disciplined.html

megimoo
06-30-2011, 12:22 AM
While Making Plans for Another Martha's Vineyard Vacation...

WASHINGTON — For the first family, their Vineyard haven is taking on the flavor of a summer White House. President Obama, for the third straight year, is planning to return to Martha’s Vineyard for vacation this summer, according to a White House official.

The Obamas are scheduled to spend seven to 10 days on the island in mid- to late August, according to the official, who spoke on condition of anonymity because of security concerns.

Arrangements for White House staff members and Secret Service personnel who travel with the Obamas have been made.

The family is expected to stay at Blue Heron Farm in Chilmark, the same 28-acre estate the family rented in 2009 and 2010. The farm overlooks Tisbury Great Pond and includes a basketball court, pool, and boat house.

Last year, White House officials told the Globe that the Obamas like Martha’s Vineyard in part because of its natural beauty, beaches, and food.

“And it’s someplace that the president went before he was president and likes to go back because it’s a comfortable place where he can rest and recharge the batteries a little bit,’’ said Bill Burton, Obama’s deputy press secretary at the time


http://www.boston.com/news/nation/articles/2011/06/29/obamas_to_summer_on_marthas_vineyard_once_more/

NJCardFan
06-30-2011, 09:25 AM
http://www.cartoonstock.com/newscartoons/cartoonists/mfl/lowres/mfln130l.jpg