Skip to comments.Rangel Claims United States is 'Not Broke'
Posted on 03/10/2011 7:34:01 PM PST by jazusamo
Pete Kasperowicz of The Hill reported yesterday:
Rep. Charles Rangel (D-NY) on Wednesday said the federal government is not broke, and that Congress should not begin cutting programs in the way that Republicans have proposed.
"Make no mistake about it, we're not broke," Rangel said in a floor discussion with Rep. John Garamendi (D-Calif.) "It wasn't that we overcompensated public employees. They didn't cause this deficit."
Of course, if you really believe that the country is not broke in the face of a $14 Trillion national debt, and a deficit of $1.3 Trillion this year alone, you probably don't believe that you have to pay taxes, either. Maybe that explains why Rangel was so indignant when we forced him to admit that he failed to disclose or report rental income from his Dominican Republic beach house.
The financial crisis of 2008 shook the confidence of middle-class taxpayers in their long-term financial security. As a result, spending and debt were the dominant issues in last year's election. That is why Republicans gained 63 seats in the House.
To be fair, Democrats pulled the rug on Rangel's Ways and Means chairmanship, and even President Obama tried to get him to retire "with dignity." Rangel wouldn't take the hint (or the shove), and he recently announced that he is running again in 2012. To advocates of smaller government, Rangel is the gift that keeps on giving.
But Michael Moore said it first!
We know Rangel isn’t broke, that’s for sure.
And we should believe you why? Especially a democRAT. Hahahahahaha
There’s no fool like a tax cheatin’ old fool.
Like this tax cheat knows?
Sorry Chollie....we no mo gots da ways or da means cuz you and yo Dems dey stole ‘em — all da beans!
Technically speaking, the Dems, Michael Moore and their ilk are correct. The United States is not so broke that it cannot turn it around. But it won’t be too long before it is.
another millionaire tax cheat lecturing us about greed......
Then we can lower taxes.
Rangle says “Bush’s policy did not bankrupt the nation.”
Who was the female lib the other day who said that we can’t be broke as long as we can borrow money?
Domincan Rangel and the Kingdom of the Peon’s Pesos
It’s the unfunded liabilities that are the killer. None of them, on either side of the aisle, want to talk about that, because they know it will never be paid. Not even close.
I didn’t hear about that but it sounds like it could be Maxine Waters or one of my Sens. Patty Murray. LOL!
He knows more people who want to bribe him I guess.
The Man is broke Charlie. Thanks to cretins like you and the minions you enslave.
And I didn't put my name on it!
Charlie must have rescued the country by paying all his delinquent taxes!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.