Well, strictly speaking, he actually said Obama should “quit lying” – but it is a bit of same/same.
My view is that we should just ignore the President – pass a bill out of the House (and, actually, second and third looks at the McConnell plan are making it appear better), send it to the Senate and just leave it in their lap. Let the Democrats argue amongst themselves – and when the blow it (because, as liberals, they can do no other), let them carry their disaster in to 2012.
Our bill should do the following:
1. Have a mechanism to raise the debt ceiling incrementally – with the onus of each rise squarely on the President.
2. Guarantee that available funds will be used for debt payment, Social Security/Medicare, Defense in that order, all other agencies getting whatever is left over.
3. Cuts spending $1.5o for each $1.00 of debt ceiling increase.
4. Imposes a 1% “wealth tax” on all wealth in excess of $5 million.
Pass it, throw it over to them, and then just sit back and watch.
Blogs For Victory 
what else do you expect from a racist, chicago thug, community agitator?
this guy is out of his league selling girl scout cookies door to door.
Psalm 109:8
yo, al-obamanation
FUBO
Let’s take a look at this debt from another perspective. – in 1993 the debt ceiling was raised to 4.9 trillion. Meaning, that since the founding of our great nation and up until 1993, we had over spent revenue by 4.9 trillion, a period of approx. 215 years. Now in just the last 18 years, we have more have almost tripled that and now have over 14 trillion in debt, and Obama has added over 4 trillion of that. This is INSANE and MUST stop.
How is this “wealth” determined?
Is it income from earnings?
Income from investments?
Net worth including value of all holdings? (real estate, stocks, bonds)
Proceeds from sales of holdings?
If it’s a tax on static wealth, such as real estate, then one would have to pay an additional 1% of the value of his real estate every year, even though it is not being sold. How is this done? Yearly appraisals? The cost of appraising high-value real estate is pretty steep so this would be more than a 1% tax.
Income on investments? Nice way to slow down investment in the businesses of America.
Income on earnings? Sounds like a prosperity tax or productivity tax. I thought the idea of this nation was to encourage productivity and reward success.
Tax on sales of holdings? Raising capital gains taxes never contributes to economic growth, and this would be much the same thing, or at least have the same chilling effect.