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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:Woot Woot:MV8yMzU4NDM2XzQwMzA5NDA1XzZENkE4QzMy] [quote:Poche':MV8yMzU4NDM2XzQwMzA5MzM3X0FEMDZBODU4] It's simple things like this that make me not take people seriously when they get all worked up and angrily rant about certain things. We allow such ridiculous things to happen. Someone getting venomous over an insulting word or a honked horn.. Yet that same person may hear a politician lie and just say "Oh well they all do that." If you can brush off a politician not representing the people, why do you not brush off minor inconveniences. Angry over a parking spot or wait in line... Make excuses for a lying official because he wears blue instead of red.. And vice versa. We are clearly insane as a people. There is no consistency. Somehow the acceptance of that has made me content. Now I can laugh and make a joke out of just about everything. That makes me happy. Join me. It's fun! [/quote] I respect your decision, but I choose to give a damn and not drink the "Dont Worry Be Happy" Kool-aid. All is not well. Washington is seriously screwed up, starting with the bozo in the White House. It's unclear to me that Obomba and his clown crew inner-circle know how to tie their shoelaces, nevermind run the USofA. [/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:
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