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Author: TheDope1 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961554  
Subject: Woodward: Obama lying about Medicare Date: 10/3/2012 11:55 AM
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Ooops. Another lefty trope, blown away:

http://newsbusters.org/blogs/noel-sheppard/2012/10/03/bob-wo...


BOB WOODWARD: He is tuned in to his own ambivalence, and in the reporting on this, it's very clear he realizes we face a problem that is not going to go away, that he's got to address. And there are documents that are floating around that I got and notes of meetings, and you see. For instance, on Medicare, he's now campaigning on “We're not going to cut Medicare.” And there are documents where last year he was saying, “Oh, yeah, we have to cut it $250 billion over ten years.”

JOE SCARBOROUGH, HOST: Wait. So you've got a document where Barack Obama is saying we've got to cut Medicare $250 billion, which I think is responsible. But his campaign team is going out there every day saying, “Watch out. We're not going to cut Medicare, but Mitt Romney is.”

WOODWARD: Yeah, and, I mean,
it's not just his campaign team. It's the president himself. He says, “We're going to reform and strengthen Medicare for the long haul the right way by reducing the cost of health care - everyone would agree with that - not by shifting it onto seniors.” Well, in his own documents, he says, “We have to do this.” When I talked to him, he realized and said very openly that it's irresponsible to not address this.

SCARBOROUGH: Let's play a clip that you were alluding to. Go ahead and roll it.

(BEGIN AUDIO CLIP)

PRESIDENT BARACK OBAMA, JULY 21, 2011: All the Democrats felt that for Democrats to join with Republicans in anything that could be painted as a Medicare cut when there was a huge difference between Democratic and Republican positions on Medicare generally was bad politics. It's an untenable position to say we're not going to do anything on Medicare and Medicaid when that's one of the biggest drivers of our budget deficit.

(END AUDIO CLIP)

MIKA BRZEZINSKI: Wow! Alright.

SCARBOROUGH: So that was a portion of what the president said when Bob asked him about a meeting on Medicare that he had with Harry Reid and then the Speaker of the House Nancy Pelosi. He's saying we've got to cut Medicare. We've got to be responsible. Democrats are saying, "No, we can't do that. And now the president, after telling Boehner he would do that, is going out on the campaign trail saying those bad Republicans want to cut Medicare.

By the way, this isn't about this election. This is about what happens after this election. How does this president after saying to the Republicans, “I'm going to cut Medicare,” which, again, is a responsible thing to do, the only thing you can do if you want to save the program, how can this president then get re-elected and go back to Boehner and go, “You know what, I said I'd cut Medicare, and then I demagogued it and attacked you guys in the campaign, but now let’s do a Medicare deal?”

WOODWARD: Well, in his own words he says, “It’s bad politics to not draw a distinction.” Now, there is somewhat of a distinction, in fairness, but he is proposing cutting Medicare.


I'm not sure which word to attach to the spectacle of Obama's supporters and their fantasies about Medicare. "Laughable" or "pathetic"? Either fits the bill.

I'll go with making one an adverb and combining it with the other: laughably pathetic.

You Obama supporters, especially the ones who vociferously defend you Medicare, are saps. Obama knows you're going to believe everything he tells you. He knows you're pre-wired to believe the worst about Republicans and right wingers. And he further knows that you lack the critical thinking skills necessary to independently assess the fiscal health of the program.

So he knows he can lie to your face and you'll reward him. Just like he did on Iraq, Gitmo and about cutting the deficit. He knows you'll step up and do what he wants done. LOLOLOL.
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Author: notehound Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820512 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:03 PM
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JOE SCARBOROUGH, HOST: Wait. So you've got a document where Barack Obama is saying we've got to cut Medicare $250 billion, which I think is responsible. But his campaign team is going out there every day saying, “Watch out. We're not going to cut Medicare, but Mitt Romney is.”

All this is so much noise.

Neither Democrats nor Republicans need to cut Medicare - now or ever.

All they have to do is instruct the Treasury to issue "Medicare Bonds" for whatever amount is needed to fund Medicare for the next 30 years.

Bernanke will buy them - guaranteed. You know, unlimited Quantitative Easing. Bernanke's agreed to it in advance.

What is wrong with politicians when a painless solution is staring them in the face.

The Fed can fix all of the things they're arguing about with the CTRL+P command.

No worries.

</sarc>

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Author: lowstudent Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820516 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:10 PM
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All they have to do is instruct the Treasury to issue "Medicare Bonds" for whatever amount is needed to fund Medicare for the next 30 years.

Bernanke will buy them - guaranteed. You know, unlimited Quantitative Easing. Bernanke's agreed to it in advance.

What is wrong with politicians when a painless solution is staring them in the face.

The Fed can fix all of the things they're arguing about with the CTRL+P command.

No worries.

</sarc>
_________________________

wouldn't it be better to maybe pay 200 percent interest and only sell them to the middle class and below?

The multiplier on that money in the economy should be close to infinity, and the program would pay for itself and fuel a massive economy.

We could have bond stamps issued to the poor in case they did not have the money to pay for these bonds. They can be held by Bernanke if necessary. Heck perhaps a special clause can be put into the first years interest on the bond to pay 310 percent to pay off the bonds, then repayment could be revenue neutral

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Author: WuLong Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820529 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:24 PM
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So much for "hope and change".
Welcome back to "politics as usual".

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Author: xLife Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820536 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:30 PM
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Dope:

You're a smart guy. Do you honestly not understand the difference between reducing Medicare benefits and reducing Medicare spending by reducing health care costs?

Cheers,

Felix

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Author: cjb44 Big funky green star, 20000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820537 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:31 PM
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It's simple, if Obama is talking, he's lying.

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Author: WuLong Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1820554 of 1961554
Subject: Re: Woodward: Obama lying about Medicare Date: 10/3/2012 12:55 PM
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It's simple, if Obama is talking, he's lying.
Remember "It's not a tax"?

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