Theodore's World: Barack Obama Demanded His Tax Hikes and Then Walked Out Abruptly On Republicans During Debt Talks

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July 14, 2011

Barack Obama Demanded His Tax Hikes and Then Walked Out Abruptly On Republicans During Debt Talks

According to House Majority Leader Eric Cantor, President Obama has walked out on Republicans in the debt talks which caused the meeting to end “abruptly.”

Obama: 'This May Bring My Presidency Down, but I Will Not Yield' on No Short-Term Extensions

ABC News

by Jack Tapper

“It cannot all be on us,” the president said, arguing that Republicans need to give on the revenue side of things as Democrats are willing to do so on spending cuts.

“Don’t call my bluff,” the president said. “I am not afraid to veto and I will take it to the American people.”

If Moody’s, the credit rating agency that announced a review of U.S. credit, downgrades the United States, President Obama said, “it will be a tax increase on every American.”

There needs to be a long-term debt extension, the president argued.

“This may bring my presidency down, but I will not yield on this,” he said.

Then he stood up.

When Cantor said the two sides were too far apart to get a deal that could pass the House by the Treasury Department’s Aug. 2 deadline — and that he would consider moving a short-term debt-limit increase alongside smaller spending cuts — Obama began to lecture him.

“Eric, don’t call my bluff,” the president said, warning Cantor that he would take his case “to the American people.” He told Cantor that no other president — not Ronald Reagan, the president said — would put up with the treatment he was getting from the House majority leader.

“Enough is enough,” the president insisted. “We have to be willing to compromise. It shouldn’t be about positioning and politics, and I’ll see you all tomorrow.”

Then he left the room.

The group is to recovene Thursday at 4:15 p.m. at the White House and continue debate on cuts in health care spending and revenues that the president still considers necessary if the negotiations are to reach the Republicans’ demand for $2.4 trillion in savings to match the increase in governement borrowing power.

President Obama also told the leaders that by Friday they need to decide where they are heading in the talks -- whether a deal is possible or whether they must turn their attention to avoiding a default.


Wild Thing's comment........

He threw a temper tantrum..doesn’t like what he hears so he storms out.

He’s so arrogant that he (and a lot of other Libs) just cannot comprehend the fact that other people can disagree with them. Their attitude is that their way is the only way—we are too dumb to know what’s the “right” thing to think—and much of the time for various reasons they can bully their way thru. He just cannot handle it when others have their own thoughts and beliefs and dare to voice them and stand up for them.

Posted by Wild Thing at July 14, 2011 03:55 AM


“Don’t call my bluff,” the president said.

I haven't played poker in a long while but if I remember right, when someone is bluffing it means they have nothing in their hand. When you called their bluff, you were basically telling them to put up or shut up.

It looks like Canter called Obama's bluff and Obama shut up by leaving the room.

Hey Obama: Respect is something that's earned. If you're upset because you felt disrespected, you need to look yourself in the mirror and ask yourself what you did to earn their respect. Your position, President, has carried you so far but that's an account that's run dry.

Posted by: BobF at July 14, 2011 07:30 AM

“How can limited government and fiscal restraint be equated with lack of compassion for the poor?

How can a tax break that puts a little more money in the weekly paychecks of working people be seen as an attack on the needy?

Since when do we in America believe that our society is made up of two diametrically opposed classes—one rich, one poor—both in a permanent state of conflict and neither able to get ahead except at the expense of the other?

Since when do we in America accept this alien and discredited theory of social and class warfare?

Since when do we in America endorse the politics of envy and division?”

-Ronald Reagan.

Posted by: Carlos at July 14, 2011 09:28 AM


You make the necessary distinction between respect for the office and respect for the office holder.

As much ardent disrespect as I have for this President, and as much as I abhor his policies, I'd have trouble staying in the same room with him as well.

I have never uttered his name, nor will I write or type it.

Where we as conservatives, on the right and in the right, are different from the left is that if this President tossed me a rifle and said, "You go there, Carlos."

Without hesitation, I'd go, because we as conservative Americans not only have respect for the office first, we love our country first.

This is our fundamental difference with the left who have neither respect nor love for either.

Posted by: Carlos at July 14, 2011 10:07 AM

"This may bring my Presidency down, but i will not yield on this". B. Obama 2011

Well, let's all hope so, because that's exactly what's going to happen. As long as Boehner and Cantor stick to their guns.

Great comments Carlos, both of them. Every time I read or hear a quote from Ronald Reagan, I once again feel blessed, that I was alive when he was President.

Obama made a statement the other day, to the effect that even Reagan would not accept the Republican proposal. What a laugh, Reagan, would be all over it, and would support it to the fullest. Once again our dear leader shows his ignorance of history and how This Country's government is supposed to operate.

Ronald Reagan, never had that problem, and that is why he will go down as one of the Greatest Presidents.

Posted by: Sean at July 14, 2011 10:39 AM

"....Ask yourself one question.... Do I feel lucky?... Well, do ya punk?"

- Sgt. Harry 'Dirty' Callahan, SFPD!

If the GOPhers got a pair, they'll not give in to materialism, humanism, socialism and idolatry in worshipping money - and debts that aren't PAID!

Posted by: darthcrUSAderworldtour07 at July 14, 2011 01:31 PM

“Don’t call my bluff,” the president said. “I am not afraid to veto and I will take it to the American people.”

Stick it up your ass adolf. We are the American people and we reject YOU. Now get out of our country.

Posted by: Eddie (Enemy of the State) at July 14, 2011 04:51 PM

this little piggie screamed wee-wee-wee ALLLLLL the way home....>>

Posted by: jan at July 14, 2011 08:32 PM

I love all of your input, thank you so much!!!!

Posted by: Wild Thing at July 15, 2011 12:02 AM