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

 
Anonymous Coward
User ID: 47099432
United States
09/19/2013 05:18 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
LOL! You know he actually is right. After Congress started making the line-item budget in the 1970's the debt ceiling no longer meant anything. Congress raises the debt ceiling when they vote on the budget every year, not when they vote on raising the debt ceiling. Since the budget determines the debt and deficit that means the debt ceiling merely determines the amount to be paid on what is already owed. The money is spent, it's just a vote on whether or not to pay the bill.

Who likes to pay bills? Not me. So let's just not.
MyTheory

User ID: 46341478
United States
09/19/2013 05:27 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


This ^^^^^^
Billxam

User ID: 19542178
United States
09/19/2013 05:27 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Look at the word profligacy, which means abundance.

"...raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy."

I know it's hard to believe but the head idiot is exactly correct. Increasing the debt does not increase abundance.

Pure genius. More pure than Walter White's meth.
Reality Dysfunction has occurred. Please reboot reality.

Thank you.
calx
Bartle doo?

User ID: 36668391
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09/19/2013 05:32 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Look at the word profligacy, which means abundance.

"...raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy."

I know it's hard to believe but the head idiot is exactly correct. Increasing the debt does not increase abundance.

Pure genius. More pure than Walter White's meth.
 Quoting: Billxam


pinkmanlol

We're fucked. :D

Last Edited by calx on 09/19/2013 05:33 AM
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Watch "The Money Masters" and read "The Creature From Jekyll Island" by G. Edward Griffin to unveil the true enemy.
Astral Goat
From the deep space petting zoo...

User ID: 33435073
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09/19/2013 05:34 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
U are raising the amount u can spend in future and to pay interst on the debt with more debt


Shit Barry is a stupid motherfucker his puppet master keeps him nice and dumb
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Anonymous Coward
User ID: 37941835
United States
09/19/2013 05:45 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
My god, he's dumber than Bush! And I thought that would be impossible.
Anonymous Coward
User ID: 46579526
Finland
09/19/2013 05:46 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Idiocrazy rulez!!!

Someone give this man the noobel piece prize for Mathz!

5a
calx
Bartle doo?

User ID: 36668391
United States
09/19/2013 05:51 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
My god, he's dumber than Bush! And I thought that would be impossible.
 Quoting: Anonymous Coward 37941835


Never underestimate the stupidity of the human race.
[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.
Anonymous Coward
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Turkey
09/19/2013 06:05 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
My god, he's dumber than Bush! And I thought that would be impossible.
 Quoting: Anonymous Coward 37941835


He is not dumb... He actually knows that stopping QE means World War, let me explain...


US stops QE...

FED no more buys US debt...

Interest rates go sky high...

China and other US dollar debt holders realize that US will never pay back its debt... (They are scammed)

They start selling dollar...

Dollar is devalued like %80

Here comes the First ThermoNuclear World War.

Enjoy while you can, fuck your girlfriend, drink, eat, fun times ahead, guaranteed.
Anonymous Coward
User ID: 47099432
United States
09/19/2013 06:14 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
...


And keep in mind that Obama can't spend a dime.
Only congress can spend money.
 Quoting: Anonymous Coward 1819020
But the President can STOP increases in spending. A Democrat in the White House is a rubber stamp for Congressional Democrats to spend ever more astronomical amounts of money while making no effort to decrease the debt.
 Quoting: Anonymous Coward 47095722


The deficit has been nose-diving since Obama was elected.
 Quoting: Anonymous Coward 1819020
Total bullshit, stopped reading right there. See my post above for the facts.
 Quoting: Anonymous Coward 47095722


The problem with your "facts" is that they don't include the $1 trillion spent in Iraq and Afghanistan up until that point. The Republican controlled Congress that you so glowingly refer to put that one one credit card they hid from mommy and daddy. The real crime of this socialist muslim dark knight President is that starting in 2010 that money was added to the debt and the interest spent on that is in the deficit numbers so your facts are meaningless without context.
Sledster
Get off my lawn....

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09/19/2013 06:23 AM

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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Adding this one to the list.
I'm tired of waiting, somebody push the damn button already!

Please ignore the German flag, I am an American.

Keep your 72 virgins, give me one old biker chick.
Anonymous Coward
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09/19/2013 06:27 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Anonymous Coward
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09/19/2013 06:28 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Anonymous Coward
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09/19/2013 06:37 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
AlcoholicRunner
I abduct humans and drink at the same time.

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09/19/2013 06:55 AM

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

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09/19/2013 07:15 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
This from the smartest man alive. HAHAHAHAHAHAHA.
 Quoting: Desert Fox


It's easy to be the smartest man alive when his audience is the dumbest people alive.
It is easy to be brave from a distance. - Omaha Proverb
America has no functioning democracy - Jimmy Carter (2013)
Anonymous Coward
User ID: 47095722
Thailand
09/19/2013 07:16 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
...
But the President can STOP increases in spending. A Democrat in the White House is a rubber stamp for Congressional Democrats to spend ever more astronomical amounts of money while making no effort to decrease the debt.
 Quoting: Anonymous Coward 47095722


The deficit has been nose-diving since Obama was elected.
 Quoting: Anonymous Coward 1819020
Total bullshit, stopped reading right there. See my post above for the facts.
 Quoting: Anonymous Coward 47095722


The problem with your "facts" is that they don't include the $1 trillion spent in Iraq and Afghanistan up until that point...etc.
 Quoting: Anonymous Coward 47099432
Of course they do. The wars are a budget line item in the DOD budget, called something like a "special appropriation".

BTW, another fact you've been brainwashed into forgetting is that $100 billion per year (the approximate appropriation for the wars) is chump change as compared to the money being spent on handouts. Just between Socialist Insecurity, Medicare, Medicaid, and Welfare, the government spends over $2 trillion per year. That is, the government spends the same amount on the two wars in a year that it spends on handouts in less than 3 weeks.

BTW, note also that the wars were roughly 50% of Bush's deficit but less than 10% of Obama's. In other words, Bush's deficits would have been trivial without the wars, but Obama's deficit would still be monstrous without them.

By the way, if you want to toss big, scary numbers around, how 'bout this one?

The US has spent somewhere between $15 trillion and $20 trillion so far on the so-called "War on Poverty", yet more folks are living in "poverty" now than under Johnson.

Now THEMS are some scary numbers for ya. Hope your empty little liberal head didn't explode.

I guess it doesn't help that Obama has surrendered and switched sides in the War on Poverty (trying to create more poor folks instead of fewer) the same way he's surrendered and switched sides in the War on Terror.
Anonymous Coward
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09/19/2013 07:16 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
again---- IDIOT
Anonymous Coward
User ID: 26542361
Sweden
09/19/2013 07:23 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
So during the last 2 presidents only, every citizen in the US has each recieved about 40,000 dollar increase in debt?
Anonymous Coward
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Thailand
09/19/2013 07:28 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
So during the last 2 presidents only, every citizen in the US has each recieved about 40,000 dollar increase in debt?
 Quoting: Anonymous Coward 26542361
Our children and grandchildren have actually, since Democrats resist and defeat any and all attempts to pay it down in the present.
Anonymous Coward
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Thailand
09/19/2013 07:41 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
...The wars are a budget line item in the DOD budget, called something like a "special appropriation"...etc.
 Quoting: Anonymous Coward 47095722
OK, took a moment and looked this up. The wars are a line item in the DOD budget called "Overseas Contingency Operations" or "OCO". They are fully accounted for in the budget of the Department of Defense.

Should you be unlike 99.99999999999999999999999% of liberals and Obamabots, and care to inform yourself, download this publication: [3 dubyas DOT]whitehouse[dot]gov/files/documents/budget_2012[dot]pdf

The OCO line item appears in the DOD budget on page 64, and a breakdown of the line item appears in its own section starting on page 137.

There, see what happens when you get your information from intelligent, informed conservatives rather than bubble-headed dipshits on far-left blogs? Ya learn stuff.
Anonymous Coward
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09/19/2013 09:39 AM
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Re: Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
bump
Anonymous Coward
User ID: 24541731
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09/19/2013 10:03 AM
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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.
 Quoting: Anonymous Coward 45189860


bump

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