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Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,' Though It Has 'Over 100 Times'
CNS News ^ | September 18, 2013 | Craig Bannister

Posted on 09/18/2013 3:30:11 PM PDT by george76

Raising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today...

Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:

...

Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:

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


TOPICS: Business/Economy; Crime/Corruption; Extended News; Government; News/Current Events; Politics/Elections; US: District of Columbia; US: Illinois; US: New York
KEYWORDS: 2012electionbias; broke; ceiling; debt; debtceiling; doublestandard; hypocrite; liarinchief; lyingliar; movealong; nakedemperor; nothingtoseehere; obama; obamabreakspromises; obamaeconomy; obamalies; obamaquotes; pravdamedia; stalinisttactics
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1 posted on 09/18/2013 3:30:11 PM PDT by george76
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To: george76

The dude just needs to wear a sign that says, “LIAR” and that’s all you need to know.


2 posted on 09/18/2013 3:31:29 PM PDT by Thorliveshere (I wish I lived in Texas.)
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To: george76
Oh, my, God.

Obama apparently knows about as much about economic policy as he knows about foreign policy.

3 posted on 09/18/2013 3:32:00 PM PDT by justlurking (tagline removed, as demanded by Admin Moderator)
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To: george76

on drugs, only explanation


4 posted on 09/18/2013 3:32:10 PM PDT by yldstrk (My heroes have always been cowboys)
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To: george76

“Obama went on to suggest that “the average person” mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt...”

Well, duh! Silly me?

I think BHO2 is either a liar, delusional, or both.


5 posted on 09/18/2013 3:32:43 PM PDT by SatinDoll (NATURAL BORN CITIZEN: BORN IN THE USA OFCITIZEN PARENTS)
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To: george76

He has the economic sense of a third grader


6 posted on 09/18/2013 3:33:50 PM PDT by stanne
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To: george76

*WARNING*

THIS IS *NOT* SATIRE!!!!!!!!!!!!!!!


7 posted on 09/18/2013 3:34:18 PM PDT by Mr. K (Lies, Damned Lies, Statistics, and then Democrat Talking Points.)
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To: george76
Sorry, I was so shocked, I forgot to add...

I'm sure that the kneepad media will point out the problems with Obama's assertion, immediately.

OK, maybe tomorrow.

Friday night, when no one is paying attention?

Next week?

Bueller?

8 posted on 09/18/2013 3:34:49 PM PDT by justlurking (tagline removed, as demanded by Admin Moderator)
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To: george76
No the debt is already there because they ignored the last debt ceiling.

Budgets don't exist.

9 posted on 09/18/2013 3:35:13 PM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: george76

Pass a balanced budget, you idiots.


10 posted on 09/18/2013 3:35:48 PM PDT by Paladin2 (h)
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To: justlurking
It is very basic. Lol. It is not that complicated.
11 posted on 09/18/2013 3:35:49 PM PDT by dhs12345
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To: SatinDoll

“I think BHO2 is either a liar, delusional, or both.”

Obama KNOWS his target audience is:
A)STOOPID
B)Doesn’t really pay attention

He KNOWS no one in the Mainstream Media will dare to call him out on it. unless they want to be branded a racist, and have their careers ended.

I know longer wonder how an educated people like the Germans fell in to Nazism.


12 posted on 09/18/2013 3:37:30 PM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: george76

Rain falls up. Sun causes darkness. Cancer makes you feel great. Snow is hot.

Hey! This is fun! Maybe I, too, can be a Democrat affirmative-action pResident!


13 posted on 09/18/2013 3:37:38 PM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: george76

Absolute truth.

Raising the debt ceiling does not raise the debt in and of itself.

What it does do is make it possible for politicians to to increase the national debt.

That is the same thing as increasing the debt.

Politicians and debt are like male dogs and their balls.- because they can.


14 posted on 09/18/2013 3:37:48 PM PDT by rdcbn
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To: george76

It is and it isn’t.

Wasn’t that how things worked in Atlas Shrugged...or attempted to work anyway?


15 posted on 09/18/2013 3:38:06 PM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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To: george76

Do you suppose he and the Mrs. have paid off their debts? Anyone remember her talking about how they had debt, college loans, etc., when first married?


16 posted on 09/18/2013 3:38:39 PM PDT by This I Wonder32460
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To: george76; GeronL

“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 U.S. government can’t pay its own bills. ... I therefore intend to oppose the effort to increase America’s debt limit.”

— Sen. Barack Obama, floor speech in the Senate, March 16, 2006


17 posted on 09/18/2013 3:39:16 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: george76; GeronL

“Over the past five years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is ‘trillion’ with a ‘T’. That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers.”

— Sen. Barack Obama, floor speech in the Senate, March 16, 2006


18 posted on 09/18/2013 3:40:46 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: george76; GeronL

Obama: 2006 Debt Ceiling Vote Was Politically Motivated
http://www.rollcall.com/news/obama_2006_debt_ceiling_vote_was_politically_motivated_-204986-1.html
By Melanie Starkey
Roll Call Staff
April 14, 2011, 9:51 p.m.

President Barack Obama on Thursday framed his opposition as a Senator to raising the nation’s debt ceiling as a “political vote” and said he is coming at the issue from a different approach as commander in chief.

“That was just an example of a new Senator, you know, making what is a political vote, as opposed to doing what was important for the country. And I’m the first one to acknowledge it,” Obama told ABC’s George Stephanopoulos, according to a transcript of the interview.


I must’ve have missed his public apology to President Bush then. It certainly isn’t in his above remark.


19 posted on 09/18/2013 3:42:38 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: This I Wonder32460

Didn’t Obama have some Chicago power broker sign for his home?


20 posted on 09/18/2013 3:43:45 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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