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

 
Anonymous Coward
User ID: 45684883
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09/19/2013 12:42 AM
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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


Hey dipshit...he's right. The debt ceiling has absolutely nothing to do with the national debt or spending deficits.

Econ 101.
maelstrom
User ID: 47085168
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09/19/2013 12:43 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
The kingmakers/puppetmasters don't really care about how stupid the president appears.

More silly shit to come.
Anonymous Coward
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09/19/2013 12:44 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Anyone here have any idea how much interest is owed on the national debt now?

How much of every dollar the government spends is BORROWED?
 Quoting: Anonymous Coward 45189860


My god you people are stupid. 100% of the money you spend is borrowed too. Assets = liabilities, ya' goof.
Anonymous Coward
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09/19/2013 12:46 AM
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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


Hey dipshit...he's right. The debt ceiling has absolutely nothing to do with the national debt or spending deficits.

Econ 101.
 Quoting: Anonymous Coward 45684883


A new credit card doesnt put me in debt either, only when it gets used.

You know goddamn well they are going to max out the ceiling.
Anonymous Coward
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09/19/2013 12:48 AM
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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


Is the neurolinguistic programming and the psyops eroding the average persons ability to see through this hustling walk and talk. Could the speech writers and the ff actors be involved in spell "casting?!"

ST MICHAEL rebuke it ALL, i PRAY on this HARVEST moon.
Anonymous Coward
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09/19/2013 12:48 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Blaming congress... The old problem, solution, reaction tactic. abomb
*Rhombus*

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09/19/2013 12:50 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Of course it doesn't raise the debt, assuming they don't borrow up to the maximum again. Surely they wouldn't make the same mistake again, would they?

Ahahahahahahahahahahahaha!
1rof1
I don't know where you get your delusions, laser brain.
Anonymous Coward
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09/19/2013 12:50 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Blaming congress... The old problem, solution, reaction tactic. abomb
 Quoting: Anonymous Coward 21051903


who play book is that from.... name that person
Anonymous Coward
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09/19/2013 12:52 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Obama sir.
Matrix
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09/19/2013 12:54 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Osama is right it will not be you lot paying for it; it will be your children's children. It does not increase "our" debt(those who are not alive yet are not included in the "our" part) sbus
Anonymous Coward
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09/19/2013 01:01 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
thats like saying a snow storm isnt really snow, its about frozen precipitation.

cruise
Anonymous Coward
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09/19/2013 01:08 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
The bottom line is: Congress needs to stop spending so much damn money. If they cut back we would not have the debt, thus eliminating the need to raise the debt ceiling.

Not only has the US elected a stupid president, we've elected an even more stupid congress.
Anonymous Coward
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09/19/2013 01:09 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
O's approval rate is about 50% currently. Half of the voters like what is says; the other half know that everything he says is a lie.

The only solution to the amount of debt we have is inflation. If we have enough inflation, the value of everything decreases, including our debt. I loved it under Jimmy Carter with 20% inflation - in a few years I could afford my house payment. It should work the same way for the feds....

Unfortunately, QE is their basic weapon to create inflation, but it's not enough to overcome our economic weakness (recession). We are in so much shit right now that if they stopped QE, we would have deflation (value of money increases). There would be no incentive to invest or spend, everyone would just hold onto their money.

The only reason this still works is that the rest of the world is worse off than we are. So when the house of cards falls, it will be everyone.
Anonymous Coward
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09/19/2013 01:10 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Nest time Guys dont vote for him! yeahsure
ohnonotagain
My Bite is Worse than my Bark

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09/19/2013 01:10 AM

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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


Hey dipshit...he's right. The debt ceiling has absolutely nothing to do with the national debt or spending deficits.

Econ 101.
 Quoting: Anonymous Coward 45684883


Econ 201....when government gets credit, it spends credit. Why would they need to increase it over 100x if they did not intend to spend it?

So who's the Dipshit now, yeah you're looking at him in the mirror.
Dogs are People To!

"The Tree of Liberty is Thirsty and needs Watering"

-Me
Poche'

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09/19/2013 01:13 AM

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


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.
 Quoting: Woot Woot


Thanks buddy, I hear ya. What I meant by Simple was meant in comparison to the rest of his antics. I still care, and I take any opportunity I can to point out the nonsense. I just make it fun and don't get emotional over it. It's my coping skill if you will. I'm still on board with trying help people see, but I can't get too emotional or else I can't live.
ohnonotagain
My Bite is Worse than my Bark

User ID: 12829417
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09/19/2013 01:13 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
O's approval rate is about 50% currently. Half of the voters like what is says; the other half know that everything he says is a lie.

The only solution to the amount of debt we have is inflation. If we have enough inflation, the value of everything decreases, including our debt. I loved it under Jimmy Carter with 20% inflation - in a few years I could afford my house payment. It should work the same way for the feds....

Unfortunately, QE is their basic weapon to create inflation, but it's not enough to overcome our economic weakness (recession). We are in so much shit right now that if they stopped QE, we would have deflation (value of money increases). There would be no incentive to invest or spend, everyone would just hold onto their money.

The only reason this still works is that the rest of the world is worse off than we are. So when the house of cards falls, it will be everyone.
 Quoting: Anonymous Coward 30001942


It already falling...it just hasn't made it full circle to us yet.
Dogs are People To!

"The Tree of Liberty is Thirsty and needs Watering"

-Me
s. d. butler

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09/19/2013 01:16 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
WELL considering that the debt is unpayable by any calculations, it actually doesnt matter. Why not a 50 trillion dollar debt? 100 trillion? When the amount is jnot payable, the amount may as well be nothing.
 Quoting: Anonymous Coward 45349696


But it's like a train wrecking at the end of the line.
100 mph is going to hurt a lot worse than 50 mph.
 Quoting: Sikhed


yeah but when you go over the cliff, velocity getting there doesn't matter.

Last Edited by s. d. butler on 09/19/2013 01:39 AM
LT Prepper

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09/19/2013 01:16 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Of course it doesn't raise the debt, assuming they don't borrow up to the maximum again. Surely they wouldn't make the same mistake again, would they?

Ahahahahahahahahahahahaha!
1rof1
 Quoting: *Rhombus*


This is all just 'asking permission after doing the deed' - the debt ceiling was breached over 100 days ago. They've been borrowing from the Government Employees Pension Fund for operating expenses since April or May.

That, in and of itself, should tell you how much they "don't intend to actually use it"...

the money is *already spent*
Anonymous Coward
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09/19/2013 01:16 AM
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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?
 Quoting: TheAspartameAddict


come on dude. you must know by now. it is all a dog and pomy show for the masses.

everything that will happen has been preordained from above.

you best bet is to find some land and raise a garden and some chickens and drop out.
Mr. Predictor
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09/19/2013 01:18 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
I guess if you were stupid enough to vote for Obama you would be dumb enough to believe everything he says ...

We are doomed
6473madburger

Obama Pledge

I pledge allegiance to the unions
And to civil unrest in America
And to the Republic
I plan to destroy
Two Nations
Under funded
Divided
With misery and poverty for all

“Barack Obama thinks his job is to lead the mob, not the country.”
Nikola Tesla

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09/19/2013 01:25 AM

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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
 Quoting: calx


HA HA HA! That is hilarious CALX.

Cheers,

Teslahf
JohnC
User ID: 36687989
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09/19/2013 01:36 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Honestly, will we ever be able to pay this off? We'd have to cut spending by about half to just break even. I don't see that ever happening. How long will it take it reach 100 trillion dollars?
reversefiction

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09/19/2013 01:44 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Obama is one big scary ball of dangerous thinking isn't he? It's not that hes dumb, no... I don't think all the people who listen to him and believe him are dumb either. They're something far more dangerous. They're fools.
// My definition of insanity.

bool try() { return false; }

void insanity() {

bool success = false;
while(!success) {
if(try()) {
break;
}
}
}
Anonymous Coward
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09/19/2013 01:47 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Holy mother of God! What kind of half-baked machiavellian bullshit is this? They ARE going to spend the fucking money and the debt WILL increase! Guaranteed!

putin
Anonymous Coward
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09/19/2013 01:47 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Honestly, will we ever be able to pay this off? We'd have to cut spending by about half to just break even. I don't see that ever happening. How long will it take it reach 100 trillion dollars?
 Quoting: JohnC 36687989


None of that matters, when spending reaches 50% of GDP for one fiscal year sustained... It will all come crashing down, nothing will stop it now... Very likely by the end of fiscal year 2015.

Good luck.
saved

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09/19/2013 02:03 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Of course it doesn't raise the debt, assuming they don't borrow up to the maximum again. Surely they wouldn't make the same mistake again, would they?

Ahahahahahahahahahahahaha!
1rof1
 Quoting: *Rhombus*


NOpe not at all, by his own admission only a hundred times before..... what a big fat lying turd this fuckwit is!
Come And Take It!
Anonymous Coward
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09/19/2013 02:04 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
I really hate this president.
Anonymous Coward
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Thailand
09/19/2013 02:08 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
As with all libtards, to get a factual statement you simply negate any statement he makes. So, either of these is factual:

Not raising the debt ceiling ...does not increase our debt.
Raising the debt ceiling ...does increase our debt.

And to the one or two idiots who are defending him, saying this is like saying that the bullet doesn't kill you, it's the bleeding.
Anonymous Coward
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09/19/2013 02:08 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
5aiamwithbanana2dancewhateverblobrlalapoopratdanceproteststoned..spankpickhomeruhh

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