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Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'

 
Swan Ronson
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09/18/2013 06:53 PM
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Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
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]
9th ring hot.
Anonymous Coward
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09/18/2013 11:19 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
bump
calx
be good!

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
laugh
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He's a puppet with someone's hand jammed up his ass making his mouth move ignore him
Anonymous Coward
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09/18/2013 11:39 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He is Nothing more than a Dumb Muslim
calx
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09/18/2013 11:39 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He's a puppet with someone's hand jammed up his ass making his mouth move ignore him
 Quoting: Anonymous Coward 46348647


obamaditz3
[link to www.youtube.com (secure)]

Watch "The Money Masters" and read "The Creature From Jekyll Island" by G. Edward Griffin to unveil the true enemy.

"Live Free or Die" was not meant to be the motto of the Free Shit Army!

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Desert FoxModerator
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09/18/2013 11:42 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
This from the smartest man alive. HAHAHAHAHAHAHA.
TOMABANEFOX
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09/18/2013 11:47 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
very clever ploy. Tell us that dumb people believe raising the ceiling increases debt. Nobody want to be thought of an an idiot, so they accept the "smart" answer. So not only does Obama get to raise the debt ceiling, but he's made a bunch of morons feel a sense of pride in their pseudo-intellect in the process.
Anonymous Coward
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09/18/2013 11:49 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
I have never in my life seen so much double speak. Up is down left is right war is peace affordable health care act is unaffordable patriot act is communist act now debt is free. Wtf. EVERYTHING THAT IS SAID IS A LIE ON PURPOSE. These fuckers have got to fucking go. FUCK
Anonymous Coward
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09/18/2013 11:49 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
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]
 Quoting: Swan Ronson


******

Ni&%#r wealth! New credit cards and loans means more money.



>>
Gypsy Priest

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09/18/2013 11:49 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He's a puppet with someone's hand jammed up his ass making his mouth move ignore him
 Quoting: Anonymous Coward 46348647


Potuspuppet
********Get your facts first, then you can distort them as you please*******
Anonymous Coward
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09/18/2013 11:49 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
It's kind of like the thumb-removing trick where you slide your thumb down your index finger. You aren't actually removing your thumb, you're just shifting meat.
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09/18/2013 11:50 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
I have never in my life seen so much double speak. Up is down left is right war is peace affordable health care act is unaffordable patriot act is communist act now debt is free. Wtf. EVERYTHING THAT IS SAID IS A LIE ON PURPOSE. These fuckers have got to fucking go. FUCK
 Quoting: Anonymous Coward 45653763


ohyeah
TOMABANEFOX
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He's a puppet with someone's hand jammed up his ass making his mouth move ignore him
 Quoting: Anonymous Coward 46348647


:Potuspuppet:
 Quoting: Gypsy Priest




[link to www.youtube.com]
Anonymous Coward
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09/18/2013 11:50 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
In that case everyone should tell their banks to give them a $100,000 loan without adding to their personal debt already owed.... Because Obama said so.
Anonymous Coward
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09/18/2013 11:51 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
:munkee:

You guys are so screwed...

:screwed:
jpop

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09/18/2013 11:51 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Wow!

He even tries to lie about basic math. Thinking that us "little people" are that stupid. How arrogant.

or

He is just that stupid.
This Is Not Me

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09/18/2013 11:52 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
0bama is a fucking moron. Good job, America.
Anonymous Coward
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09/18/2013 11:52 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Bernanke is pumping over a trillion dollars a year into the economy.... The debt should be going down with all that money....




.
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'

Yeah...the check's in the mail.

Black is beautiful.

Don't worry, I won't cum in your mouth.

And a rabid pit bull with aids makes a good playmate for your child.

sideways sideways sideways


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pool
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
SPENDING IT FUCKING DOES
"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Wow!

He even tries to lie about basic math. Thinking that us "little people" are that stupid. How arrogant.

or

He is just that stupid.
 Quoting: jpop


No It's worse than that, the majority of Americans are that stupid, and he is smart enough to know it.
ohnonotagain
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
If I were at the press conference, the only question, after that speech, that I'd have is this...

Mr. President, does Stupid hurt?

Answer: Uh err Uh err, what was the question again?
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Sikhed
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Well technically he's right.
You see, if you have a maxed-out credit card with a $10,000 limit, and you've reached the limit.
Then increasing the limit to $15,000, and not spending another single penny, you have not increased your debt.

But we all know where this will go.
gayobama1

(edit) Sorry for stealing your gif, it's just so fitting for the man.

Last Edited by Sikhed on 09/18/2013 11:55 PM
doom360
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
He's right.

Congress is obligated by law to pay for everything Congress has passed. The debt was incurred when the bill passed. Not when Congress decides to pay. What Congress is doing is giving the US political instability by refusing to pay the bills. This means a weak dollar and opportunity for George Sorros to short the dollar and make billions.
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09/18/2013 11:55 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Wow!

He even tries to lie about basic math. Thinking that us "little people" are that stupid. How arrogant.

or

He is just that stupid.
 Quoting: jpop


Sad fact is, his base supporters will believe what he tells them. YES WE CAN!!!!!!!!!!!!
TOMABANEFOX
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09/18/2013 11:55 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Thread: WTF Did Obama Just Say!!!???
jpop

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09/18/2013 11:57 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Well technically he's right.
You see, if you have a maxed-out credit card with a $10,000 limit, and you've reached the limit.
Then increasing the limit to $15,000, and not spending another single penny, you have not increased your debt.

But we all know where this will go.
gayobama1
 Quoting: Sikhed


On the other hand not funding some of the bills will stop them.

Like oblabla care.

He's saying we have to pay for it anyway.

No we do not!
Anonymous Coward
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09/18/2013 11:57 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Bernanke is pumping over a trillion dollars a year into the economy.... The debt should be going down with all that money....




.
 Quoting: Anonymous Coward 467683


You have too look into and analyze which sectors benefit most.

But, if you do you'll only end up pissed, with not a damned thing you can do about it.
Anonymous Coward
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09/18/2013 11:57 PM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Bernanke is pumping over a trillion dollars a year into the economy.... The debt should be going down with all that money....




.
 Quoting: Anonymous Coward 467683


Bernanke's printing doesn't reduce the debt. When he prints, he uses the money to buy Treasury bonds. It enables the US government to increase the debt while keeping interest rates low (if they didn't have the Fed buying the bonds, they would have to offer a higher interest to other buyers.)
TheAspartameAddict

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09/18/2013 11:57 PM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
This motherfucker is something else... I am sick to fuck all with all of this administration's bullshit. How much more horseshit do we have to have shoveled onto our shoulders? I mean fucking really?
Never underestimate the spine of a poor man's back, when he's against the wall, and his future black.
:D Hellz yeah.

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