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This is exactly why remaining unspent TARP funds and those repaid need to be immediately applied to our debt rather than allowing the Obama administration to use it for their "slush fund".
How about cancelling the superbowl party in the WH basement or telling anyone attending they need to chip in for their own refreshments? How about putting a hiring freeze on the Federal Government for employees non-essential to national security? How about no raises for Congress? How about not funding foriegn aid when we don't have the cash on hand to back it?
Obama is an elitist piece of work living like a low-class welfare recipient who just hit the jackpot and is now living high on the hog paid for by other people's money. Any Congressional member who is not voting for serious cuts in his joke of a budget that is propped up by "faux funds" of taxes from non-existant legislation is no better.
When are people going to stop believing the rhetoric and start paying attention to the actions of this administration?
Planned destruction
Maybe its just me but it's like they are doing it on purpose and want it to break.
You wouldnt act this way knowing what you know.
Any sane person that is.
I agree. I am very suspicious of this administrations call to create jobs. If Obama were so smart why would he continue down this road and destroy the economy even more? Or is he that smart after all and this is his goal? I have a friend here who knows Obama and has sat down with him and he says that he is a very, very smart man. So when the crash happens, we can only conclude that it was his intent.
I agree. I am very suspicious of this administrations call to create jobs. If Obama were so smart why would he continue down this road and destroy the economy even more? Or is he that smart after all and this is his goal? I have a friend here who knows Obama and has sat down with him and he says that he is a very, very smart man. So when the crash happens, we can only conclude that it was his intent.
No really, it's all doable. I just did the math. The sun is about 1/2 way through it's lifecycle, so we only need to pay about 267.00 a month toward our national debt to pay off 12 trillion before the sun burns out. And interest rates are LOW LOW LOW!
I'm sorry.. I'm going to have to play stupid here and respond like a liberal..
That cant possibly be true.. Do you have a source?
I think they're referring to the debt ceiling prior to the increase. Either way, it's bad.
"The Treasury Department said Wednesday that it expects to reach the government's limit on borrowing, known as the debt ceiling, by the end of this month. The debt ceiling is currently $12.4 trillion. The Senate has approved an increase to $14.3 trillion but the House has yet to act."
I think they're referring to the debt ceiling prior to the increase. Either way, it's bad.
"The Treasury Department said Wednesday that it expects to reach the government's limit on borrowing, known as the debt ceiling, by the end of this month. The debt ceiling is currently $12.4 trillion. The Senate has approved an increase to $14.3 trillion but the House has yet to act."
It's truly frightening considering by the end of this year we will be paying $200 billion in interest payments alone. That's money that could have gone to help pay for HCR.
Oh no. whatyousay don't you know, Obama says we need it, then i guess golly gee, we need it. He doesn't have a clue.
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