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Thursday, January 6, 2011

Video: Harry Reid was against raising the debt ceiling (2006) before he was for it (2007-2011)

from theblogprof


Video: Harry Reid was against raising the debt ceiling (2006) before he was for it (2007-2011): "Harry Reid wants to raise the debt ceiling above the absurd $14.3 trillion that it's at now. Whenever this ceiling gets raised, my first instinct is to ask why the heck we even have a debt ceiling when politicians raise it ever higher anyway? Harry Reid 2011 ought to talk about debt ceilings with Harry Reid 2006:
“If my Republican friends believe that increasing our debt by almost $800 billion today and more than $3 trillion over the last five years is the right thing to do, they should be upfront about it. They should explain why they think more debt is good for the economy.

How can the Republican majority in this Congress explain to their constituents that trillions of dollars in new debt is good for our economy? How can they explain that they think it’s fair to force our children, our grandchildren, our great grandchildren to finance this debt through higher taxes. That’s what it will have to be. Why is it right to increase our nation’s dependence on foreign creditors?

They should explain this. Maybe they can convince the public they’re right. I doubt it. Because most Americans know that increasing debt is the last thing we should be doing. After all, I repeat, the Baby Boomers are about to retire. Under the circumstances, any credible economist would tell you we should be reducing debt, not increasing it.Democrats won’t be making argument to supper this legalization, which will weaken our country. Weaken our county.”
Obama himself voted against raising th edebt ceiling in 2006, to which his propaganda czar had this to say: Gibbs: Obama only voted against raising the debt ceiling in 2006 because he knew his vote wouldn’t matter. Where there's yet another display of Obama leadership for ya! Allahpundit comments:
Give Gibbs credit for honesty on this one, though. The One took plenty of votes during his brief layover in the Senate that were aimed squarely at polishing his record for a presidential run down the road. The one on the debt ceiling was aimed at centrists; the votes against Roberts and Alito were aimed at his base. And sometimes, when he couldn’t decide whom to pander to, he just voted present as he’s wont to do.
Who would have thought that Obama's a gutless turd careerist? Uh - that would be us on the right, and we pointed out that fact many times before November 2008.

UPDATE: From Jack Tapper via memeorandum: Gibbs: Senator Obama Only Voted Against Raising Debt Ceiling in 2006 Because He Knew It Would Pass Anyway. More from Weasel Zippers, Power Line and Hot Air
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