Biden: Without Stimulus, U.S. Would Go Bankrupt

[AngelinaCat]

Joe Biden might be a buffoon, but at least with his gaffes, he tells more truth than any other politicians of any stripe in Washington!

[Bandit]

Our so-called independent media made sure to portray Gerald Ford, Ronald Reagan, Dan Quayle and George Bush as bumbling stooges. Of course none were. However, we now have Joe Biden who portrays Bozo the Clown better than anyone ever has in Washington and we neither read nor hear anything from the media about what an imbecile he really is as VP.

Maybe according to the republicans.

You dont need the media or independents to see these liars are bumbling stooges.

[AngelinaCatHub]

I am always truly amazed, incredibly boggled, at how many people can continue to be so stupid to actually trust and believe, then magnify huge liars and deceivers such as Bush/Cheney and Obama/Biden as something wonderful to behold.

I strongly agree. Put them into a box, shake them up, pull one out and they all look the same. What happened to "Statesmen" over "Politicians". We have no real Statesmen. They are working for themselves and are forgetting they are Public servers. I am starting to doubt the continuing existence of our Country as we have known it.

How many men could we have saved in WWII if we just let Germany invoke their National Socialism over here? It is happening now, just 60 years later. 'Hub

[OhioFiler]

Our so-called independent media made sure to portray Gerald Ford, Ronald Reagan, Dan Quayle and George Bush as bumbling stooges. Of course none were. However, we now have Joe Biden who portrays Bozo the Clown better than anyone ever has in Washington and we neither read nor hear anything from the media about what an imbecile he really is as VP.

[Bandit]

I am always truly amazed, incredibly boggled, at how many people can continue to be so stupid to actually trust and believe, then magnify huge liars and deceivers such as Bush/Cheney and Obama/Biden as something wonderful to behold.

[AngelinaCatHub]

Three things to remember:

(1) Lawyers lie.
(2) Politicians lie.
(3) Most Politicians are/were lawyers.

'Hub

[Lookadat]

Can't wait for my Govmint sponsered credit score to take effect. It has to be better than the one I have now. My free healthcare and the continued stimilusses I am promised or maybe even getting will give me some additional money to spend my way out of this mess I caused by spending my way into it. I want to thank all of you for the opportunity to apply for the Mortgage Modification Program! And, I haved't had my clunker for a year yet, so I would like that restriction lifted so I can trade my $4500 car in on another $4500 car that runs better. Oh, I kiddin' bout all this, but think 10 years down the road about the decisions being made today. I'm done.....

[JRScott]

I don't feel sorry for them.

How long did Joe Biden serve in the Senate?

Was not Barack Obama a Senator?

What votes did they cast in the Senate to avoid this economic crisis in their tenure? What votes did they cast to limit federal spending and keep from mounding up such debt as a nation?

Not one. They are just as guilty even more so than President Bush because as members of Congress they could have stopped much of this run away spending if only they had dared to do so. They traded short term gains for long term problems, as about 80% of our Congress does and its come to roost in their administration. Some might call that bad luck, but it was inevitable given how Congress has run the nation for the last century.

[Flamingo]

Everyone complains about each Administration, whether it be the President or Vice President. I feel sorry for both Obama and Biden for the mess they were given to clean up and they both have to suffer for doing whatever needs to be done to try to turn things around. Of course half will say they are doing a great job and half will say they are not. That's politics. Also the American public is a "want it now" society and something like this economy is going to take years to turn around. Many feel the bottom has not hit yet.

[JRScott]

I think the country is going to go bankrupt, if not now, later.

I agree, no way around it now I don't think. Those who are used to the government handouts in entitlement programs will be the ones most hurt when that day comes.

[BigJohn]

I think the country is going to go bankrupt, if not now, later.

[JRScott]

July 16th 2009

Vice President Biden defended the Obama administration's economic stimulus package Thursday by suggesting that without the federal government spending massive amounts of money to shore up the economy the country would go bankrupt.

"We're going to go bankrupt as a nation," Biden warned at an event in the backyard of the House's No. 2 Republican.

"People, when I say that, look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?" he said. "The answer is yes."

Biden's defense of the Obama administration's $787 billion recovery package was delivered at a community college in the affluent Richmond suburbs that House Republican Whip Eric Cantor calls home.

Cantor pre-emptively renewed the Republican attack, telling reporters in a conference call that the plan will destroy small businesses and deepen unemployment.

Sharing the stage with Richmond's police chief, a local teacher and the owner of a company that makes desserts, Biden credited the recovery package for thawing the credit freeze that stifled loans and left businesses unable to borrow or, in some cases, survive.

He said it saved thousands of jobs of public employees, including jobs in schools, fire departments and law-enforcement, and punctuated his point by announcing $1.6 million in new federal stimulus cash for Richmond's police department.

And he repeatedly referred to the worst economic collapse since the Great Depression as a dark legacy inherited six months ago from Republicans.

"More than 700 lenders that had not made a loan since October 2008, have made (stimulus-aided) loans," Biden said.

"Those billions of dollars get poured back in the economy," he said, turning to face John Fernandez, owner of DayStar Desserts in Richmond. "It means someone's buying your desserts, it means someone's going to the local shoe store. It means people's jobs."

Without mentioning Cantor by name, Biden challenged GOP critics of the stimulus plan to say why they wouldn't provide health care and unemployment benefits for the jobless and avert thousands of layoffs of teachers, firefighters and police. Cantor is among the most outspoken congressional critics of the package.

"The very guys who are saying this is a terrible act want me to make sure you get high-speed rail. Isn't that kind of funny," he said.

"Would they not provide help to the states to maintain the rolls for Medicare and Medicaid and those newly unemployed who need it? Would they not extend unemployment benefits to those who have lost their dignity, lost their jobs, maybe lost their home," he asked about 300 people at J. Sargeant Reynolds Community College in Henrico County.

Cantor, who grew up in Henrico County and lives only a few miles from the site of Thursday's event, said President Obama has to accept responsibility now for unemployment rates that have continued to soar since President George W. Bush left office. Obama on Wednesday said he was amused at the claims of those who were in charge when the financial problems started that "this is Obama's economy" and he said "That's fine. Give it to me!"

And Cantor did, saying: "The unemployment rate is skyrocketing. The stimulus has not succeeded. Why it is that they want to go and continue to tout success when the reality is people are losing their jobs, families are going into economic free fall?"

The Associated Press contributed to this report.

Foxnews.com

http://www.foxnews.com/politics/2009/07/16/biden-challenges-critics-stimulus-gop-turf/

What an idiot of a vice president we have if he really believes you can spend your way out of bankruptcy by borrowing more money you don't have. Complete idiocy no wonder our country is in such bad shape. (This is almost as bad as Dan Quayle's Potato spelling).