Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 10/18/2013 11:02:52 AM PDT by navysealdad
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-25 next last
To: navysealdad

So, Obama has racked up more debt than every President before him combined.


2 posted on 10/18/2013 11:06:32 AM PDT by circlecity
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

But Obama cut the Deficit in half!!!!!


3 posted on 10/18/2013 11:07:14 AM PDT by massgopguy (I owe everything to George Bailey)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad
UM!!!! HELLO OUT THERE!!

But under the terms of this week’s deal, Congress set a deadline instead of a dollar cap. That means debt can rise as much as Mr. Obama and Congress want it to, until the Feb. 7 deadline.

DAMN!! Was this just another bill that we had to pass before we knew what was in it?
4 posted on 10/18/2013 11:07:25 AM PDT by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

What’s it matter?


5 posted on 10/18/2013 11:08:04 AM PDT by Post5203 (Please name me a sucessful city or country run by a "person of color".)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=13101600.pdf
The Daily report isn’t for yesterday or today....Hmmmmm.....


6 posted on 10/18/2013 11:08:11 AM PDT by griswold3 (Post-Christian America is living on borrowed moral heritage)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

7 posted on 10/18/2013 11:08:11 AM PDT by dfwgator
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

Wasn’t it just a few days ago that Obama stated flatly that raising the debt ceiling would not raise the debt?

The man is insane.


8 posted on 10/18/2013 11:08:28 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad
Gee, what happened?
My Savior Obama told us that raising the debt ceiling wouldn't necessarily mean a debt increase. He wouldn't lie, so what went wrong?
Did the Tea Party steal $300 Billion, or was it Bush?
11 posted on 10/18/2013 11:12:07 AM PDT by ZOOKER (Until further notice the /s is implied...)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

Ridiculous! How in the world will this ever be paid? This is criminal putting all of this on our future children. We are going the way of Greece.

By more taxes and fees?
By reducing future SS payments?
Reducing medicare expenditures?


12 posted on 10/18/2013 11:14:43 AM PDT by rawhide
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

Sandbaggin’ SOBs. Now we know why there was no change in the debt the past several months.


14 posted on 10/18/2013 11:16:59 AM PDT by Night Hides Not (The Tea Party was the earthquake, and Chick Fil A the tsunami...100's of aftershocks to come.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

It’s only money................


21 posted on 10/18/2013 11:36:32 AM PDT by Red Badger (TANSTAAFL always wins. Always...........................)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

And who is going to stop this runaway train?

Since there will never be a 67% vote against Obama in both Houses of Congress, Obama will just burn through the money to entrench his Marxist hold on America and its people.

Congress abdicated its responsibilities on this debt deal.

McConnell,Reid, Boehner and Pelosi should be arrested and thrown in jail for this lawlessness.


22 posted on 10/18/2013 11:38:43 AM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad
TERRIFYING!

This $328B is no mystery. Anyone catch all of the stories about how the debt "mysteriously" stopped? There's nothing mysterious about it. I would bet that this $328B is the money that was aggregating while the nation's debt was unmoving.

America is financially dead. Everything about our economy is artificially inflated right now. If no "deal" was made on the debt ceiling, the only thing that would've happened is Wall St. crashing. Why? Because Federal dollars have to be re-allocated to paying the nation's debt before servicing phantom projects like the Federal Reserve's unyielding market pump.

Politicians and bankers are making serious cash off of the market right now, and when it's obvious that the government is going to pare back on its artificial inflation of the markets, they'll cash out their winnings and everyone not "in the know" will take it in the pants.

Our media is so God-forsaking dishonest that no one is reporting on this truth. Americans are in for a BIG surprise soon.

24 posted on 10/18/2013 11:53:41 AM PDT by rarestia (It's time to water the Tree of Liberty.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

What comes after trillion?


27 posted on 10/18/2013 12:02:28 PM PDT by Dapper 26
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad
"...raising the debt ceiling, which has been done over a hundred times, does not increase our debt.”


28 posted on 10/18/2013 12:03:17 PM PDT by JRios1968 (I'm guttery and trashy, with a hint of lemon. - Laz)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

This jump is reporting on the books what 0bama has done off the books for the past several months. The debt ceiling was really passed some time ago. It’s only that now he can report it.


29 posted on 10/18/2013 12:04:45 PM PDT by henkster (Communists never negotiate.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

We have to borrow money to pay our bills...


30 posted on 10/18/2013 12:08:21 PM PDT by tips up (Living is easy with eyes closed, misunderstanding all you see.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad
Remember when a $50 billion ANNUAL DEFICIT was a big freaking deal and endlessly debated?

Deficits/Surpluses From 1940 Until 2013 (*fiscal years)

1* - Presidential control
2* - Senate control
3* - House control

D = Democrat R = Republican


Year Nominal Dollars Inflation Adjusted 1* 2* 3*
1940 $2.9 Billion Deficit $48.33 Billion Deficit D D D
1941 $4.9 Billion Deficit $77.78 Billion Deficit D D D
1942 $20.5 Billion Deficit $292.86 Billion Deficit D D D
1943 $54.6 Billion Deficit $737.84 Billion Deficit D D D
1944 $47.6 Billion Deficit $634.67 Billion Deficit D D D
1945 $47.6 Billion Deficit $618.18 Billion Deficit D D D
1946 $15.9 Billion Deficit $191.57 Billion Deficit D D D
1947 $4 Billion Surplus $42.11 Billion Surplus D R R
1948 $11.8 Billion Surplus $114.56 Billion Surplus D R R
1949 $0.6 Billion Surplus $5.88 Billion Surplus D D D
1950 $3.1 Billion Deficit $30.1 Billion Deficit D D D
1951 $6.1 Billion Surplus $54.95 Billion Surplus D D D
1952 $1.5 Billion Deficit $13.27 Billion Deficit D D D
1953 $6.5 Billion Deficit $57.02 Billion Deficit R R D
1954 $1.2 Billion Deficit $10.43 Billion Deficit R R D
1955 $3 Billion Deficit $26.09 Billion Deficit R D D
1956 $3.9 Billion Surplus $33.62 Billion Surplus R D D
1957 $3.4 Billion Surplus $28.33 Billion Surplus R D D
1958 $2.8 Billion Deficit $22.58 Billion Deficit R D D
1959 $12.8 Billion Deficit $103.23 Billion Deficit R D D
1960 $0.3 Billion Surplus $2.36 Billion Surplus R D D
1961 $3.3 Billion Deficit $25.78 Billion Deficit D D D
1962 $7.1 Billion Deficit $55.04 Billion Deficit D D D
1963 $4.8 Billion Deficit $36.64 Billion Deficit D D D
1964 $5.9 Billion Deficit $44.36 Billion Deficit D D D
1965 $1.4 Billion Deficit $10.37 Billion Deficit D D D
1966 $3.7 Billion Deficit $26.62 Billion Deficit D D D
1967 $8.6 Billion Deficit $60.14 Billion Deficit D D D
1968 $25.2 Billion Deficit $169.13 Billion Deficit D D D
1969 $3.2 Billion Surplus $20.38 Billion Surplus R D D
1970 $2.8 Billion Deficit $16.87 Billion Deficit R D D
1971 $23 Billion Deficit $132.95 Billion Deficit R D D
1972 $23.4 Billion Deficit $130.73 Billion Deficit R D D
1973 $14.9 Billion Deficit $78.42 Billion Deficit R D D
1974 $6.1 Billion Deficit $28.91 Billion Deficit R D D
1975 $53.2 Billion Deficit $231.3 Billion Deficit R D D
1976 $73.7 Billion Deficit $303.29 Billion Deficit R D D
1977 $53.7 Billion Deficit $207.34 Billion Deficit D D D
1978 $59.2 Billion Deficit $212.19 Billion Deficit D D D
1979 $40.7 Billion Deficit $130.87 Billion Deficit D D D
1980 $73.8 Billion Deficit $209.66 Billion Deficit D D D
1981 $79 Billion Deficit $203.08 Billion Deficit R R D
1982 $128 Billion Deficit $309.93 Billion Deficit R R D
1983 $207.8 Billion Deficit $487.79 Billion Deficit R R D
1984 $185.4 Billion Deficit $417.57 Billion Deficit R R D
1985 $212.3 Billion Deficit $461.52 Billion Deficit R R D
1986 $221.2 Billion Deficit $471.64 Billion Deficit R R D
1987 $149.7 Billion Deficit $308.02 Billion Deficit R D D
1988 $155.2 Billion Deficit $306.72 Billion Deficit R D D
1989 $152.5 Billion Deficit $287.74 Billion Deficit R D D
1990 $221.2 Billion Deficit $395.71 Billion Deficit R D D
1991 $269.3 Billion Deficit $461.92 Billion Deficit R D D
1992 $290.4 Billion Deficit $484 Billion Deficit R D D
1993 $255.1 Billion Deficit $412.78 Billion Deficit D D D
1994 $203.2 Billion Deficit $320.5 Billion Deficit D D D
1995 $164 Billion Deficit $251.53 Billion Deficit D R R
1996 $107.5 Billion Deficit $160.21 Billion Deficit D R R
1997 $22 Billion Deficit $32.07 Billion Deficit D R R
1998 $69.2 Billion Surplus $99.28 Billion Surplus D R R
1999 $125.6 Billion Surplus $176.16 Billion Surplus D R R
2000 $236.4 Billion Surplus $320.76 Billion Surplus D R R
2001 $127.3 Billion Surplus $168.16 Billion Surplus R D R
2002 $157.8 Billion Deficit $205.2 Billion Deficit R D R
2003 $377.6 Billion Deficit $479.8 Billion Deficit R R R
2004 $413 Billion Deficit $511.14 Billion Deficit R R R
2005 $318 Billion Deficit $380.84 Billion Deficit R R R
2006 $248 Billion Deficit $287.7 Billion Deficit R R R
2007 $161 Billion Deficit $181.51 Billion Deficit R D D
2008 $459 Billion Deficit $498.37 Billion Deficit R D D
2009 $1413 Billion Deficit $1539.22 Billion Deficit D D D
2010 $1294 Billion Deficit $1386.92 Billion Deficit D D D
2011 $1299 Billion Deficit $1350.31 Billion Deficit D D R
2012 $1100 Billion Deficit $1120.16 Billion Deficit D D R
2013 $759 Billion Deficit $759 Billion Deficit D D R

34 posted on 10/18/2013 1:13:24 PM PDT by ProtectOurFreedom
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

These incompetents have created the biggest mess in history. There is no fixing it. The people who would fix it are too stupid and arrogant.

OMG, what a man made disaster.


39 posted on 10/18/2013 1:48:57 PM PDT by dforest
[ Post Reply | Private Reply | To 1 | View Replies ]

To: navysealdad

Ask yourself who just dished out well over 300 billion to buy US treasuries. I would guess the Fed is highly involved.


40 posted on 10/18/2013 1:50:35 PM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-25 next last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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