Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 46279318:MV8yMzU4NDM2XzQwMzA5MTQ5XzY3QkM3RjY=] :sheep: ...Explained well, now even a sheep understands !! [/quote]
Uhhh, is he new? He's pandering to the mouth breathing crowd.
Raising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today.
In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."
Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
- See more at: [
link to cnsnews.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Washington Post Just Blew The Lid On #PizzaGate Big League
Militia Members Are Preparing for Potential Chaos As Election Nears
Pope Francis: Alt-Media Investigative Reporters Are “Shit Eaters”
Lady Gaga: Prince Charles ‘Is Not Human’
Senate Democrats Activists Are Shaming Leadership of Senate Democrats For Having TOO MANY WHITE PEOPLE
USDA putting millions of Americans’ health at risk by allowing unapproved meat imported from China
Police Busted Giving Fake News Reports to Media Who Then Reported It As FACT
Proof That The Elite Really Do Want A Global Society With No Possessions, No Privacy And No Freedom
WiFi-Capable Brain Implants: What Could Possibly Go Wrong?
Polar Plunge to invade majority of US this week
Microchip in hand allows you to pay for goods in UAE
Honda’s latest electric car detects ‘human emotions’
65 Million Americans Suggested To Not Pay Taxes
Residents In Texas Hear Loud Boom, Cause Unkown
These 2 toys are spying on your kids
Growing new bone from corals raised in the Israeli desert
Satanists Target Kindergarteners With Lies From the Pit of Hell
California’s Long Drought Has Killed 100 Million Trees
How Facebook and Google help camouflage fake news
Google will soon ban fake news sites from using its ad network
80s 90s NOW CARTOONS ILLUMINATI
Jill Stein drops Pennsylvania recount because her campaign cannot pay $1m bond...despite raising nearly $7million
All modern color printers print a secret, nearly invisible code onto every page to allow governments to track the serial number and timestamps
NOAA forecasts major December cold blast for nearly all the USA
WORD: 5 Stories The Mainstream Media Reported as Real, But They Were Fake
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2016 Godlikeproductions.com
Page generated in 0.004s (3 queries)