And then claims, "in fact, for the next 10 years, it's gonna be in a sustainable place."
Wait, WHAT?!
I just had to post this. It seemed so "out of whack" that I figured it would be something worth talking about: http://abcnews.go.com/blogs/politics/2013/03/president-obama-there-is-no-debt-crisis/
Take a look at The President's interview, and share your thoughts. I will say, upon looking at some of the comments in the article, these sum it up the best:
- "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies... Increasing America's debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem, and a failure of leadership. America deserves better." - Senator Barack Obama, March 16, 2006
- "The problem is, is that the way Bush has done in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt form $5 trillion for the first 42 presidents - #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back - $30,000 for every man, woman, and child. That's irresponsible. It's unpatriotic." - Candidate Barack Obama, July 3, 2008
What do YOU think?
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It is becoming harder and harder for me to comment rationally on anything Obama says or does. I'm at the point where I simply don't believe anything that comes out of his mouth. He pushes a hard-left agenda while constantly talking about "reasonable compromise" and "balanced approach". While I don't advocate anyone doing anything crazy, I have to say that if it were solely up to me, he would be removed from office and executed as a traitor. Yes, I realize that that doesn't contribute to any useful dialog but, given that liberals are all about "feeling" instead of "thinking", perhaps it may be useful after all to let them know how I "feel" about those who seek to transform my free constitutional republic into a socialist "utopia".
ReplyDeleteThe day Ryan's budget came out, Huffin'PuffPo came out with a 50 point bold headline: AUSTERITY NOW!
ReplyDeleteThe article was the same old 'The R's want to starve kids and make Granny eat cat food to keep from making their 'rich' buddies pay their fair share.' B.S.
That same day the DIMS produced a brand spankin' new 'Paul Ryan tossing Granny off a cliff' video, with the caption - 'He's at it again'.
Ms. Piglosi hit the Sunday shows blabbing about how 0 'always treats the opposition with respect; how he 'reaches out to them'... really? Does the old bat honestly think we're blind, deaf AND stupid?
We 'have to' cut out tours of OUR White House BUT we have ENOUGH money to send ANOTHER quarter mil to Egypt, along with tanks and bombers (F-16's?). We sent Morocco $27M for pottery classes. We spent $1.5M to 'study' why lesbians are 'fat'... and millions MORE for Rob-Squirrels and Treadmill Shrimp and 'studies' on Chinese earthworms! Yes. Taken singly, these are 'small potatoes', but they ADD UP to multi-BILLIONS in WASTE!
We're giving 'free cell phones' to DEAD people! The Dept. of Ag actively PROMOTES food stamps in the U.S. AND ACROSS the Mexican border... Food Stamp recipients in TX drive up in brand new, high dollar luxury cars and spend w $7,000 of MY money on their SNAP cards!
HOW on EARTH does this happen?? My 83 yr. old mom makes $900 a month SS, drives a 30 yr. old beater (when it runs) and after mortgage and BASE utilities has about $40 left for 'luxuries' - like food. SHE'S told she MAKES TOO MUCH MONEY to qualify for food stamps!
I 'think' the stock market is artificially inflated by FAKE QE Infinity dollars. IMO it's a bubble - and we ALL know what happens when bubbles burst!
I KNOW the jobs numbers are fudged. The ONLY reason UE went down was there are more than a quarter million LESS people in the workforce. REAL Unemployment is better than 14%! 0 and his ilk call that a recovery?
A debt 'projected' to be $20T+ is 'no big deal'? The BULK of the M.E is ON FIRE! N. Korea and Iran - both with nuclear capacity - are rattling sabres. We owe Lord knows how many Trillion to China...who are getting ALL buddy, buddy with our 'friendly enemy', Russia, who plays both sides against the middle by getting chummy with Japan AND Iran.
All the while OUR military is scattered hither and yon across the globe - fighting wars they're NOT allowed to WIN.
What IF? We allow 0 and his socialist/commie buds in Congress to KEEP ON BORROWING AND SPENDING MONEY WE DON'T HAVE?
What IF? China and the OTHER countries we 'owe' figure out - as our economy stands RIGHT NOW - there's NO WAY we could possibly EVER pay them BACK?
What IF? They decide enough is enough... RAISE the interest rate, REFUSE to loan us MORE...and/or call in their markers?
I 'think' we're ALREADY in a world of hurt... just waiting for the other shoe to drop.