Posted on 03/14/2013 6:27:56 PM PDT by Olog-hai
Rep. John Conyers (D-Mich.), the ranking member of the House Judiciary Committee, said on Thursday that the nations current debt of $16.7 trillion is not endangering the country, adding that some debt is not a bad idea and that he and other congressional Democrats dont think theres a problem.
Conyers and other liberal Democrats spoke at a Capitol Hill press conference about their initiative to compel Congress to cancel the across-the-board budget cuts (sequester) of $1.2 trillion over 10 years, which actually are reductions in the rate of increase in federal spending and amount to $44 billion for this year.
Conyers said, Let me let you understand, first of all, that the debt is not endangering us a bitnot at all. Our economists say were in debt but its not endangering everything. As a matter of fact, there are economists that say some debt is not a bad idea at all. So all those ideas about the ceiling falling, the walls caving in because of that, you can sleep more comfortably in your bed at night when you realize that we dont think theres a problem.
(Excerpt) Read more at cnsnews.com ...
FMCDH(BITS)
I think the the time has come.
To label Conyers a pinhead would be doing him a favor.
I guess the Democrats won’t mind then if Americans don’t pay their taxes due in April?
FMCDH(BITS)
Because he is an idiot. Mugabe thought everything was great too. And it is for him.
Why isn’t this dingdong in prison with his thug wife?
Sounds like he would be in favor of the $100 an hour minimum wage too since they can just print all the money necessary to assure prosperity and float off into the sky.
Let him and the rest of the fossils in Congress pay back the Social Security “trust” fund and make it whole out of their collective personal fortunes. Those contributions would be in the noise.
Rep. John Conyers (D-Mich.), the ranking member of the House Judiciary Committee, said on Thursday that the nations current debt of $16.7 trillion is not endangering the country, adding that some debt is not a bad idea and that he and other congressional Democrats dont think theres a problem.
I think we’ve heard this before.
http://www.youtube.com/watch?v=3sKpzmojjfU
This is like taking candy from a baby.
Press conference time. “since Obama says there is no problem, the debt ceiling will not be increased and spending will remain at existing levels for the next 3 years.”
Force Obama to pivot again.
ever notice you never see these two at the same time???
Correct me if I’m wrong, but didn’t the Dems scream bloody murder about the deficits under Bush?
Are you kidding? He is one of the smartest guys in the Black Congressional Caucus.
Which isn’t saying a helluva lot. the average IQ is around 75.
this idiocy is why detroit is bankrupt.
did this esteemed leader finish high school?
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