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Obama Calls for Bipartisan Commission on Debt. Has He Tried, You Know, Adding?

Home - by - January 23, 2010 - 21:34 America/New_York - 41 Comments

abacus

No, really. They need a commission to figure out why there is so much of that annoying debt stuff.

President Barack Obama on Saturday called on Congress to pass a bill creating a fiscal commission amid reports that he will likely create an executive commission if Congress does not act. Obama issued a statement calling for Republicans and Democrats to join the effort, even though Republicans have already voiced their opposition to the plan.

“I strongly support legislation currently under consideration to create a bipartisan, fiscal commission to come up with a set of solutions to tackle our nation’s fiscal challenges – and call on Senators from both parties to vote for the creation of a statutory, bipartisan fiscal commission,” the president said.

You know he means business (even if he doesn’t quite grasp the concept of “business”) because he used the word “strongly” and I’m certain he was using his super serious face when he said it! If that commission doesn’t come up with solutions, stat, he will issue a very sternly worded apology, dammit!

Granted, I don’t have the economics prowess of, say, a Community Organizer, but it seems to me that, perhaps, the first step to figuring out why you are in so much debt is learning how to balance a checkbook? Practice with that first, Obama, and then we can move onto the next step. I tendered my sage advice, as a wish Scottish-ina woman, who has learned to live within a meager household budget, on twitter earlier:

I wonder if Obama’s bi-partisan commission on debt will appoint a “Stop buying things that you can’t afford” Czar?

See, that’s all you need, Obama. Since you like those Czar types so much, appoint one who will teach you that 2 plus 2 does not magically equal 10, just because you wish it so or because you think that you are so much better than the laws of Math.

Stop spending money that you do not have. Also, stop taking more and more of other people’s money in an attempt to compensate. You see, you know what happens then? — this is a bit of advanced coursework, try to keep up — those people have LESS money to spend on things like their businesses (those evil entities that hire people and employ them) or on consumer goods or on, you know, feeding their families.

ExJon from Exurban League reminded me of something that could work out as a great study guide for you. A Rosetta Stone of basic arithmetic, if you will. You’re welcome!

» 41 Comments

  1. McHugeLarge

    January 23rd, 2010

    Sweet, Lori, a Barabbicus. I hope they pay attention, but would not bet on it.

    Thumb up +9

     
  2. UNCLE KINK

    January 23rd, 2010

    My bulldog could run the country better than this.

    Thumb up +1

     
  3. Matt

    January 23rd, 2010

    Lori invented the Obamacus. Another great desk toy by IOTW!

    Thumb up +5

     
  4. Matt

    January 23rd, 2010

    Uncle Kink,Mike Vick and his loser friends could run this country better than this.
    I would prefer your bulldog run it though.

    Thumb up +1

     
  5. 1MadJack

    January 23rd, 2010

    Lori excellent! ;) Oh and Lori I think the economic prowess of a second grader could do more good than the mighty Obumbles is going to do..

    So that means you are way way way way ahead of Obumbles and his economic commission. I’m pretty sur eyou have more intelligence in the end of your little pinky than Obumbles and all of his czars put together.

    Thumb up +2

     
  6. Dixie

    January 23rd, 2010

    Don’t forget – Committees mean “jobs created or saved” …and more taxpayers’ money wasted.

    Thumb up +3

     
  7. conservative cowgirl

    January 23rd, 2010

    Lori! That is hilarious! Especially with that particular expression.

    Thumb up +1

     
  8. Just call me Doc

    January 23rd, 2010

    Matt…what are you holding? It looks like an enormus bread stick.

    Thumb up +2

     
  9. Eric

    January 23rd, 2010

    a “Stop buying things that you can’t afford” Czar?

    Isn’t that what Biden was going to do for the first stimulus?

    Thumb up +1

     
  10. Kurt

    January 23rd, 2010

    The main reason for having a bipartisan commission is so that Obama can shuffle off the blame for the economy onto the Republicans on the commission. Sooner or later the Blame Bush card will be entirely worn out, so he has to make up some kind of new Blame the Republicans card.

    Unrelated: Matt — what happened to the squirrel? Or am I confusing you with a different Matt?

    Thumb up +4

     
  11. Uncle Al - person of cruller

    January 23rd, 2010

    Adding?!? To Hell with adding!
    How about subtracting for a change?

    Thumb up +3

     
  12. conservative cowgirl

    January 23rd, 2010

    @Kurt,

    Matt the squirrel that was and now the Bufford that is!

    Thumb up +2

     
  13. Wyatt AARP

    January 23rd, 2010

    Sorry, but we are way past the point where anyone can really count that high.

    Thumb up +7

     
  14. Wyatt AARP

    January 23rd, 2010

    Food for thought: last year, the net worth of the Forbes 400 was 1.57 trillion, and this year it is estimated to be 1.27 trillion. Conversely, the estimated Federal deficit is about 1.8 trillion (taken from the New York Times).

    We can completely confiscate all of the net wealth of the 400 wealthiest Americans, and are still about $500 billion in the hole.

    Thumb up +2

     
  15. Uncle Al - person of cruller

    January 23rd, 2010

    @Wyatt AARP – If you count really, really fast, like fast enough to count from one to ten in one second, and you started counting and went at it 24/7 and never took time off, it would take roughly 32,000 years to count to one trillion.

    And our congressvermin want to raise our debt ceiling by almost two trillion.

    I think I’m gonna throw up.

    Thumb up +1

     
  16. Wyatt AARP

    January 24th, 2010

    @Uncle Al: I would probably lose track of where I was somewhere in the billions and then have to start over.

    Anyhow, just for kicks I looked up a list of billionaires, and noticed that Steven Spielberg, Oprah Winfrey and George Soros were on the list. Let’s start retiring the deficit by taking all of their assets – after all, they seem to lean towards wealth distribution, and “it’s for the children.”

    By the way, it’s my idea and I get the 10% finder’s fee.

    Thumb up +5

     
  17. [...] Lori Ziganto’s latest article from iOwntheworld.com [...]

    Thumb up +1

     
  18. Betty

    January 24th, 2010

    obama can lower the amount of jobless people by having bigger government. He only knows numbers if they are in the trillions.

    Thumb up +1

     
  19. [...] CLICK HERE TO SEE VIDEO [...]

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  20. [...] COMMISSION ON DEBT? HOW ABOUT SOME PLAIN ARITHMETIC? http://iowntheworld.com/blog/?p=15856   Obama Calls for Bipartisan Commission on Debt. Has He Tried, You Know, [...]

    Thumb up 0

     
  21. Boobie The Rocket Dog

    January 24th, 2010

    An OBACUS. Perfect. An engine used by the Chinese to manipulate numbers. Apropos on many levels.

    Thumb up +5

     
  22. Alpha Maser

    January 24th, 2010

    Barabacus Obama?

    Thumb up +2

     
  23. Bertie

    January 24th, 2010

    . . . and they had the audacity to trash McCain when he said that economics wasn’t his strong suit?

    Thumb up +1

     
  24. Boobie The Rocket Dog

    January 24th, 2010

    @matt- Pusser Galore!

    Love Joe Don Baker.

    Thumb up +2

     
  25. Diann

    January 24th, 2010

    Boy, he is SUCH the man of action! Debt commission. Jobs Summit. What a busy, busy man! If I hear one more nitwit say, “Well, at least he’s TRYING….” the gloves will come off.

    Thumb up +4

     
  26. MonkeyPig

    January 24th, 2010

    Obaaama forming a commission on debt control is nothing but a trick/ploy to make it look like he is concerned. Nothing but PR. He has no intention of reining in spending. His answer is to raise the ceiling 1.8 trillion. He is bankrupting this country on purpose!! Their goal is to form an socialist/oligarchy dictatorship WORLD WIDE joining George Soros’s new world order. Soros wants China to run the planet. Even Bwarny Fwank said the only way to escape will be to move to mars.
    http://rawstory.com/2009/2009/10/soros-china-world-order/
    http://thehill.com/homenews/house/75709-rep-frank-to-hold-hearings-on-limiting-executive-pay

    Thumb up +2

     
  27. UNCLE KINK

    January 24th, 2010

    thanks Matt,he’s a good dog and he loves his country.

    Thumb up +1

     
  28. had enuff mike

    January 24th, 2010

    doc,

    Matt…what are you holding? It looks like an enormus bread stick.

    according to matt on thursday or friday, he calls it MR.Redwood…..

    do we think he might be over compensating ?

    matt, I had to go there, just couldn’t leave that hanging out there..sorry, buddy ;)

    Thumb up +5

     
  29. Diann

    January 24th, 2010

    @MIKE
    You KNOW he’s going to blame me for that comment. ;)

    Thumb up +4

     
  30. had enuff mike

    January 24th, 2010

    diann,

    I felt that we were cut short on the posting from Friday, so I THOUGHT I could stoke a few embers, and well…you know..

    so is that your picture of you and the fish??

    Thumb up +2

     
  31. Diann

    January 24th, 2010

    And just what’s wrong with my Avatar?!

    Thumb up +3

     
  32. biff biffington

    January 24th, 2010

    When pressed for comment, Barak was heard to ask: “Wait, how many zeros are in a Brazilian again?”

    Thumb up +1

     
  33. TejasKat

    January 24th, 2010

    How about the ‘Angry Mob Czar’???

    http://bit.ly/8a50yX

    Thumb up +2

     
  34. had enuf mike

    January 24th, 2010

    diann,
    “And just what’s wrong with my Avatar?!

    nothing…

    I thought it just might have been you, as a toe-headed little girl…(I have since discovered this fact)…

    that’s all..

    Thumb up +2

     
  35. Diann

    January 24th, 2010

    Mike,
    Yup. It’s me. Me, fishes and my brother.

    Thumb up +5

     
  36. Grackle Black

    January 24th, 2010

    In Obama’s town hall speech this week, he basically blamed the people for the shotty economy and local job loss when he stated that the people stopped spending when they lost their source of income.

    I found his oddly ironic in that government has yet to stop spending even though their source of income is in serious decline due to the same rate of job loss.

    Assholes.

    Thumb up +3

     
  37. LadyGun12

    January 24th, 2010

    May we expect to see the Barabacus in the IOTW store soon?

    Thumb up 0

     
  38. FrankG

    January 24th, 2010

    I’d just like to see an Obama Clacker first

    Thumb up +1

     
  39. [...] right. The Smartest Man Alive ™ can’t speak to elementary schoolchildren without a study aide.Math is hard and so is speaking extemporaneously, apparently, even to [...]

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  40. Grackle

    January 25th, 2010

    Perhaps his appearance in the elementary school has something to do with the fact that children aren’t old enough to know how to properly heckle.

    Let’s face it, lately his ego must be taking a beating from speaking to adults.

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  41. Dalena

    February 19th, 2010

    Multiple news sources weigh in on the issue.
    http://bit.ly/a0JLXJ

    Thumb up 0