Obama: Not Allowing Gov’t to Borrow More “Would Amount to a New Tax”

Cybercast News Service ^ | October 14, 2013 - 7:45 AM | Susan Jones

[Olog-hai]

President Barack Obama used his Saturday radio address to press for an end to “this Republican shutdown” and for an increase in the debt limit.

“It wouldn’t be wise,” he said, “to just kick the debt-ceiling can down the road for a couple months, and flirt with a first-ever intentional default right in the middle of the holiday shopping season. Because damage to America’s sterling credit rating wouldn’t just cause global markets to go haywire; it would become more expensive for everyone in America to borrow money. Students paying for college. Newlyweds buying a home. It would amount to a new tax—a Republican default tax—on every family and business in America.” …

[Venturer]

it would become more expensive for everyone in America to borrow money. Students paying for college. Newlyweds buying a home
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Shheeeit Obama you stupid phuck, all that is happening now including getting ripped off for health care. Getting raped with new taxes even as we speak.
How much did you piss away on Green that doesn’t work?

Are there really people in this world stupid enough to believe everything this Muslim manure spreader has to say?

[sten]

spending less then they bring in never even occurs to these people

as a nation, we need to tell them to f@ck off

[Olog-hai]

Given the amount of hard drugs he claims to have consumed in his youth and young adulthood, a case could be made that he is legally insane . . .

[upcountryhorseman]

Does it make any sense to respond to huge debt with building
more debt?

[Olog-hai]

Only in a Ponzi scheme. Not that those make sense.

[Paine in the Neck]

This is a Bizarro World, Nancy Pelosi, level of utter nonsense.

[tcrlaf]

“spending less then they bring in never even occurs to these people”

how many votes could Democrats buy if they did that?

[cashless]

What kills me is that not one single Senator has not taken to floor of the Senate to compare and contrast the absolute hypocritical demagoguery we have to listen anytime this Marxist wags his forked tongue. He is ad nauseum ad infinitum.

[sten]

I dunno

how much does it cost for the dead, per thousand?

[onyx]

You’re right and I am in complete agreement with you, however Senator’s Ted Cruz and Mike Lee are the exceptions.

[cashless]

But when do they do the side by side? Compare quotes from then and now? They had the chance at the Values Conference. Blown opportunity IMO.

[Windflier]

What kills me is that not one single Senator has not taken to floor of the Senate to compare and contrast the absolute hypocritical demagoguery we have to listen anytime this Marxist wags his forked tongue.

Oh, I'm sure they do all the time. You just never hear them because the MSM only broadcasts what Dear Reader or the RINO surrender monkeys have to say.