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Old 02-03-2010, 07:23 AM
 
1,472 posts, read 2,461,188 times
Reputation: 561

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Treasury Dept: Expect to hit recently increased debt ceiling by the end of FEBRUARY! Yes, that would be 25 days from now.

Good going Obama and Congress! The epitome of RECORD SPENDING UNDER THE DEMOCRATS. And maybe a 'record' in and of itself....?

I worry for our financial future, inflation and my children's future. How much will a gallon of milk cost in 10 months?

Hopefully the Obama-backers on here have lots of $$$ for what's to come.
Cuz it's comin......
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Old 02-03-2010, 07:24 AM
 
Location: Raleigh, NC
20,002 posts, read 17,078,535 times
Reputation: 3786
What a bunch of chumps (or chimps) we have in DC.
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Old 02-03-2010, 07:28 AM
 
Location: Chicago Suburbs
3,191 posts, read 4,039,488 times
Reputation: 1176
And yet we have a commander in chief who lectures the taxpayers on spending habits.

Where is the outrage for his peers?
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Old 02-03-2010, 07:32 AM
 
Location: Raleigh, NC
20,002 posts, read 17,078,535 times
Reputation: 3786
Nope, no inflation coming down the pike. Hear no evil, see no evil...
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Old 02-03-2010, 08:17 AM
 
Location: PA
5,562 posts, read 5,341,374 times
Reputation: 1956
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.
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Old 02-03-2010, 08:34 AM
 
Location: North Central Florida
6,214 posts, read 7,075,556 times
Reputation: 3924
Quote:
Originally Posted by summers73 View Post
Nope, no inflation coming down the pike. Hear no evil, see no evil...
Kinda depends on where you look, but it's already here.......

I've definatly noticed it in the cost of certain food products I buy.

Right now I'm in a state of shock.....went to buy some hose clamps for a small project here at home. A total of 11 (eleven) clamps cost me just under $30.00

I remember buying hose clamps for $.40-.60 in the not to distant past.

Yachtcare must raise his prices to his customers.......(the few that are left)
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Old 02-03-2010, 08:46 AM
 
Location: Wisconsin
29,015 posts, read 16,903,937 times
Reputation: 9160
Quote:
Originally Posted by twowolves View Post
Treasury Dept: Expect to hit recently increased debt ceiling by the end of FEBRUARY! Yes, that would be 25 days from now.

Good going Obama and Congress! The epitome of RECORD SPENDING UNDER THE DEMOCRATS. And maybe a 'record' in and of itself....?

I worry for our financial future, inflation and my children's future. How much will a gallon of milk cost in 10 months?

Hopefully the Obama-backers on here have lots of $$$ for what's to come.
Cuz it's comin......
I heard they added $100 billion to the deficit in Dec alone, at least when a drunken sailor is spending his money he is not reaching into my pocket and spending my money too.

At this point I wish our federal budget spending was at the level of FDR, he only spent 7-12% of GDP, and he did not have $107 trillion in unfunded liabilities.

President Franklin Roosevelt

1934 - 10.7
1935 - 9.2
1936 - 10.5
1937 - 8.6
1938 - 7.7
1939 - 10.3
1940 - 9.8
1941 - 12.0

President Barack Obama

2010 - 25.4
2011 - 25.1
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Old 02-03-2010, 09:28 AM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,894 posts, read 17,251,719 times
Reputation: 6460
Quote:
Originally Posted by allydriver View Post
And yet we have a commander in chief who lectures the taxpayers on spending habits.

Where is the outrage for his peers?


Exactly, he needs to get his own spending habit in Check, and FAST. He is going to ruin us, the way i thought he would. Bull to those who like this NEW HOPE AND CHANGE. BULL.
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Old 02-03-2010, 09:29 AM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,894 posts, read 17,251,719 times
Reputation: 6460
Quote:
Originally Posted by LibertyandJusticeforAll View Post
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.




Or he needed more experience, to know these things!!!!!!!!!!!!!
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Old 02-03-2010, 09:34 AM
 
Location: Land of debt and Corruption
7,544 posts, read 7,812,339 times
Reputation: 2884
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.
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