Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Limbaugh Predicts Total Economic Collapse in U.S. if President Obama Re-Elected
The Blaze ^ | 9/10/12 | Becket Adams Print Email

Posted on 09/11/2012 9:33:30 AM PDT by Kartographer

Conservative talk radio host Rush Limbaugh on Monday said that a second term for President Barack Obama would lead to the collapse of the the U.S economy.

“We’re spending a trillion dollars we don’t have on welfare. It’s not that we’re taxing producers and redistributing the money. We’re borrowing it; we’re printing it. We don’t have it! Over a trillion dollars a year,” Limbaugh said.

“There’s been $5.5 trillion added to the national debt in 3-1/2 years by this president. There just isn’t the money for this. At some point (and it’s sooner rather than later) there will be a collapse,” he added.

And in regards to the amount added to the national debt: he’s not exaggerating. That’s the actual amount that has been added since 2009.

(Excerpt) Read more at theblaze.com ...


TOPICS: Business/Economy
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-2021-4041-48 next last
Audio Link at site
1 posted on 09/11/2012 9:33:34 AM PDT by Kartographer
[ Post Reply | Private Reply | View Replies]

To: Kartographer

Yep the student loan bubble scam will have to be popped. Kids borrow money, fund Marxists at college, Marxists support politicians who fund bubble dynamics, a classic racket.


2 posted on 09/11/2012 9:35:05 AM PDT by junta ("Peace is a racket", testimony from crime boss Barrack Hussein Obama.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Glenn Beck does get on my nerve at times, but as I said yesterday it looks like he was ahead of the curve on this.

Direct Audio Link to Rush speach:

http://www.youtube.com/watch?v=1QN_S1q4r3U&feature=player_embedded


3 posted on 09/11/2012 9:36:12 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
On the bright side, we'll have money to burn!


4 posted on 09/11/2012 9:36:27 AM PDT by null and void (Day 1331 of our ObamaVacation from reality - Obama, a queer and present danger)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
Some times the thread header is funny to watch. These two stories posted right next to each other.

Limbaugh Predicts Total Economic Collapse in U.S. if President Obama Re-Elected

Federal regulations increased 7.4% during Obama’s first three years

5 posted on 09/11/2012 9:37:34 AM PDT by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

I agree 1000%.

LLS


6 posted on 09/11/2012 9:40:10 AM PDT by LibLieSlayer ("if it looks like you are not gonna make it you gotta get mean, I mean plumb mad-dog mean" J. Wales)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

The way Obama intends to bring America to its knees is to bankrupt us. Debt owed to others will cause us to be indentured servants, and to cause runaway inflation.


7 posted on 09/11/2012 9:43:21 AM PDT by bestintxas (Somewhere in Kenya, a Village is missing its Idiot, thankfully.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Yeah . . . I think that’s about right.


8 posted on 09/11/2012 9:44:05 AM PDT by YHAOS (you betcha!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

I agree.


9 posted on 09/11/2012 9:44:31 AM PDT by Jane Austen (Boycott the Philadelphia Eagles!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Where has Rush been? Where was he on the NBC issue? I guess he and Hannity and Eeeg0-Rielly get serious when the collapse will hit their wallet.


10 posted on 09/11/2012 9:45:14 AM PDT by Terry Mross (2016 THE MOVIE....scarier than any zombie movie.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Kartographer

It is probably going to collapse anyway. Too much water under the bridge.


11 posted on 09/11/2012 9:45:38 AM PDT by Blogger
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

No more government backed school loans. If you aren’t a good risk, no loan for you. No more $50,000 loans to take Feminst Basket Weaving in Imperialist America 101.

....

Of course thats just a drop in the bucket. All of these problems are caused by government in one way or another.


12 posted on 09/11/2012 9:48:51 AM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Cash and metals, cash and metals.


13 posted on 09/11/2012 9:54:40 AM PDT by gotribe
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer


14 posted on 09/11/2012 9:57:52 AM PDT by fishtank (The denial of original sin is the root of liberalism.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: gotribe

I have to go with Selco on the cash. Doubt it would be worth nothing during SHTF. Say you are trying to get out of town and you just brough the last ten gallons of gas at a station and there’s no telling when they will get resupplied, how much is that gasoline worth?


15 posted on 09/11/2012 10:01:48 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 13 | View Replies]

To: Kartographer
>"“We’re spending a trillion dollars we don’t have on welfare."

Respecfully I disagree.

It isn't welfare it's been "spent" on.

It's been STOLEN!

16 posted on 09/11/2012 10:02:03 AM PDT by rawcatslyentist (I'd rather have a bottle in front of me, than a Barack 0b0tt0my!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

No way our economy can survive another 4 years of what Obama has done for the last 4.

Interest rates on savings is zilch, Printing money leads to inflation,borrowing only gets us further in debt, and soon we will be unable to borrow as everyone else is in debt too.

Food and energy prices going up,and the dipstick is threatening to close down the coal industry.


17 posted on 09/11/2012 10:02:52 AM PDT by Venturer
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

In the short term, things will actually appear to get better, the disaster to come years later, so they can blame it on someone else.


18 posted on 09/11/2012 10:05:25 AM PDT by Paradox (I want Obama defeated. Period.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
Limbaugh Predicts Total Economic Collapse in U.S. if President Obama Re-Elected

That's the plan isn't it? How else do you 'fundementally change' America without first bringing her to her knees?

19 posted on 09/11/2012 10:06:31 AM PDT by dannybob ( I miss Ronald Reagan!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
"Say you are trying to get out of town and you just brough the last ten gallons of gas at a station and there’s no telling when they will get resupplied, how much is that gasoline worth?"

That's why it's good to have a high mpg Diesel car and a (portable) stash at home.

20 posted on 09/11/2012 10:09:13 AM PDT by Paladin2
[ Post Reply | Private Reply | To 15 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-48 next last

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.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson