Tag Archives: Impeachment

On Day Stock Market Sets New Record, Conservative Group Floats Impeaching Obama For ‘Wrecking The Stock Market’

Credit:WND.com

I’ve often wondered just how weird the wacky Right-wing fringe groups have to get before their fellow Republicans (the semi-sane ones) say “Enough” ?

Think Progress

Today, the Dow Jones Industrial Average closed at 15,056, an all-time record. For one conservative group, this can only mean one thing: it’s time to impeach President Obama.

That was the message Capitol Hill Daily, a conservative publication based out of Baltimore, sent to Citizen United’s listserv today. They accused President Obama of “wreck[ing] the stock market” and asked readers to take a poll about whether he should be impeached as a result.

From the email:

Dear Concerned Reader,

Fearing the very worst, the nation’s super-rich are unloading their stocks at an alarming rate.

Even more troubling, the wealthiest 1% of Americans, who typically know the most, are the ones most anxious to sell.

You see, Obama just allowed 13 new tax increases to further slow the economy, wreck the stock market and make it even harder on the 12 million Americans already looking for work.

The bigger question is this…

Is Obama’s Latest Tax Screw Up Grounds For Impeachment?

See a screenshot below:

When Obama took office on January 20, 2009, the Dow Jones was at 7,949. Over the last 4 years, it has gone up approximately 90 percent before reaching a new high today.

It’s important to remember that the health of the stock market is very different from the health of the overall economy. Middle class wages are stagnating and millions are still unemployed or underemployed.

But when a conservative organization claims ignores reality in such a blatant way, one can’t help but quote former Rep. Barney Frank: “On what planet do you spend most of your time?

 

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Filed under Conservative Bloopers, Obama Derangement Syndrome

IMPEACHMENT MAY BE THE OBJECTIVE

PM Carpenter wisely suggests that the GOP never intended to pass any real debt ceiling bill but merely to stall until the President was forced to use the ‘nuclear option’…the 14th Amendment.

Remember, the congressional GOP have already sent out trial balloons saying they will start impeachment procedures if Obama uses the 14th amendment.  However, it looks like this was their plan all along.

P.M. Carpenter

This thought does occur.

It may be that congressional Republicans privately have removed brinkmanship from the table; that their revised plan is to ensure that no default-avoiding bill, under any circumstances — not even their own — shall emerge from Congress; and that a guaranteed default will thereby force President Obama to reluctantly exercise the Constitutional option next week, thus creating the grounds for another year-long distraction: impeachment.

He also mentions the Congressional GOP’s manipulations just to bring us to this point:

FORCING OBAMA’S HAND

A rather stunned Sen. Kent Conrad just reported on “The Last Word” that Mitch McConnell has informed Harry Reid that he intends to filibuster the Reid proposal. Needless to say, this maneuver collides with any workable solution to Congress’ self-imposed debt crisis prior to the default deadline.

I repeat my earlier speculation that congressional Republicans may be intentionally forcing President Obama into what the House will later maintain, in impeachment proceedings, was a usurpation.

From earlier today:

It may be that congressional Republicans privately have removed brinksmanship from the table; that their revised plan is to ensure that no default-avoiding bill, under any circumstances — not even their own — shall emerge from Congress; and that a guaranteed default will thereby force President Obama to reluctantly exercise the Constitutional option next week, thus creating the grounds for another year-long distraction: impeachment.

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Republican Rep. warns of Obama impeachment if GOP forces debt default

There’s no way one can take Rep. Steve King (R-IA) seriously on his threat.   It’s pure hyperbole and nothing more.  His tea party are the ones who implemented this mess by demanding not to raise the deficit under any circumstance and now he says if we default, which we surely will if the votes are not there to offset the 100+ Teabaggers who will not sign on to raise the debt ceiling,  then Obama will be impeached.

It’s like deliberately placing a bad teacher in a classroom then tell the kids if you fail you will pay the consequences.

WTF is wrong with these people?

Raw Story

A Republican member of the House of Representatives declared today that President Barack Obama could be impeached if the U.S. defaults on its debts.

The comment is from Rep. Steve King (R-IA), who told his followers on Twitter that they should “stop talking about” a potential U.S. default.

“The 1st dime of each $1 of revenue services debt,” he wrote. “Obama would be impeached if he blocked debt payments.”

The comment is ironic in that Republicans have played the largest role in pushing the U.S. government to the brink of defaulting on some debts by refusing to lift the nation’s debt ceiling.

Congressional Republicans raised the ceiling nine times during the Bush administration, adding over $4 trillion to the nation’s debts. President Obama, as a freshman Senator from Illinois, voted in 2006 against raising the debt ceiling, but has since called his decision a mistake of inexperience.

Today the president and Treasury are warning that if the debt limit is not raised before August 2, the government will be forced to default on some of its debts. President Obama even warned that Social Security checks might not arrive on time, or at all, if Congress cannot secure a deal.

Republicans have repeatedly sidelined talks, insisting that tax increases for the wealthiest Americans and corporations are unacceptable, as are cuts to national defense. They’ve instead focused on plans that would eliminate Medicare, dip into the Social Security fund and dramatically reduce the government’s workforce.

Continue reading here…

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Filed under President Barack Obama, Rep. Steve King