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Obama on the Debt Limit [In 2006, Senator Obama spoke out against raising debt limit]
snopes ^ | March 16, 2006 | Barack Obama

Posted on 07/18/2012 8:17:35 AM PDT by grundle

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that "the buck stops here." Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.

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


TOPICS: Miscellaneous
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1 posted on 07/18/2012 8:17:41 AM PDT by grundle
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To: grundle

whassamatta barack? hadn’t found your inner marxist yet?


2 posted on 07/18/2012 8:19:23 AM PDT by HiTech RedNeck (let me ABOs run loose, lew (or is that lou?))
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To: grundle

What?

You insinuating that our vapid, Kenyan, lying, sleazy, communist, dorky, and altogether fellonious cretin-in-chief was saying something he (it) didn’t mean?

Tell me it isn’t true.


3 posted on 07/18/2012 8:23:01 AM PDT by Da Coyote
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To: grundle

Father going to bank’s loan officer and asking for an increase in his “debt limit”:

http://www.youtube.com/watch?v=Li0no7O9zmE

it’s not really debt if you never intend to repay it, right?


4 posted on 07/18/2012 8:43:16 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: grundle

it had to be quite painful for snopes.com to publish that. HAHAHAHAHA


5 posted on 07/18/2012 8:54:44 AM PDT by cdcdawg
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To: grundle

Still 95% or more of blacks will vote for this hypocrite...


6 posted on 07/18/2012 8:58:09 AM PDT by SECURE AMERICA (Where can I sign up for the New American Revolution and the Crusades 2012?)
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To: grundle

And how many Republicans voted in favor or raising it then and other times? The hypocrisy is not pretty on either side.


7 posted on 07/18/2012 9:30:30 AM PDT by RedStateRocker
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