Obama requests $1.2T increase in debt ceiling (Obama needs more taxpayer's money to buy votes)

Fox News ^ | 1/12/2012 | fox news

[tobyhill]

President Obama is kicking off 2012 with an uncomfortable but inevitable request -- for Congress to permit another $1.2 trillion increase in the debt ceiling.

With the U.S. debt at about $15.2 trillion, it is now estimated to be larger than America's entire economic output. The proposed increase would boost the debt ceiling to $16.4 trillion, which should be enough to allow the government to keep borrowing until the end of 2012, or just after the presidential election.

[MikeSteelBe]

The abomination that causes desolation is sure going to get a lot of worship by “saving” the starving masses with his global government.

[Venturer]

No way another 1.2 trillion will get us through until the election,It might take us to the 4th. of July, but I doubt that.

[cliniclinical]

Folks, it’s very, very simple. At the top levels of government, pretty much everyone is in on the scam. Nothing more, nothing less. There are a few outliers in Congress, but not enough to alter the course.

This ends with a crash. A big crash. With the powers that be hanging their heads in sadness, telling us what needs to happen next for the good of the country. It won’t be good, though. Get ready while you can.

PS - what happened to the debt commission and the automatic cuts if they failed? Where did the talk of the 400 Billion stimulus that was critical go? I thought the debt ceiling wouldn’t be raised again before the next election? All smoke and mirrors to buy time. Wake up, pay attention, and stop wasting time arguing the irrational argument. It’s what they want to distract us from the truth.

[pyx]

If congress allows itself to be snookered again...

Its a foregone conclusion. It will be the same old game;

There will be an emotional build-up including threats of a government shutdown. Threats that teachers, fire and police will be laid off. Minority women and children will be trotted out to the Tee Vee cameras for the usual interviews. The Main Stream Media will again claim there will be disaster and the government will shut down. Then there will be a campaign with threats to BLAME the GOP and then ...

John Boehner will arm-twist others to go along to get along and then John Boehner will cave-in in order to QUOTE reach across the aisle UNQUOTE and then give another $1.2 Trillion of taxpayer dollars to Obama. John Boehner and Eric Cantor and then Mitch McConnell will hold a presser and claim it was the QUOTE Best deal they could get UNQUOTE.

Then rank-and-file Americans will b!tch and moan about the unfairness of it all and further indebting their children and then ... the cycle will begin anew.

[sport]

Change the "if" to when, insert "Republican" before Congress and add"men" to "Congress and you are right on target.

Anyone, who after observing this "continuing resolution" bullshit that has been going on since the Democrats took over control of Congress in '07, that has not come to the conclusion that the Republican Party is in cahoots with the Democrat Party is only deluding themselves.

What the Republicans in the House should have done way back when was say, "We are going to have a budget"! When the Democrats balked, shut down the Government until a budget was passed.

But there was a reason they did not do that. The reason? Then the Republicans would have to have done the things that they campaigned on and were elected to do. In the forefront was defunding obamacare.

[New Jersey Realist]

I think this is a huge conspiracy. All the politicians are in on it. Raise the national debt as high as they can, steal the money and when America falters, they all go to somewhere else and live like kings.

[jpsb]

"My gosh, when is this insanity going to end?"

Soon, I've been hearing rumbles that folks in other countries are not all that happy about accepting dollars from Americans traveling abroad, no first hand knowledge but no surprises. I've also heard that the Treasury has to offer T-bills backed by real estate to attract the interest of any buyers. In other words no one wants to buy our deft, or hold our debt (dollars). So the end is near and the end will be UGLY. Check out some of the recent threads on Greece for a preview. I advice stocking up now while your dollars will still buy stuff. For a thought experiment, imagine what happens should OPEC not accept dollars for their oil.

[wita]

There are 535 men and women, if they are all in on it, not counting czars, the fed, the BIC, the men in black, the cabinet, Congressional staffers, and probably a few others needing the citizen trial. The last thing that is going to happen is they all fly off into the sunset to live like kings.

Economic collapse will bring retribution unlike anything congress has ever witnessed, and since I’m going to a birthday party for the only senator in my state worth talking too, this is going to be a subject of conversation. Hate to ruin a good birthday bash, but face to face deserves some worth while conversation regarding continuing the insanity.

[Vaduz]

Another $1.2 trillion increase in the debt ceiling because socialism needs a little more priming to take hold.

[MikeSteelBe]

I surprised they are still even making new cash bills.

The “logic” for going cashless and the chip reading technology available will help it happen soon.

They are already chipping cards in Europe for security, and a lot of places in America have the card reader you wave your card by instead of inserting in a slot to read the strip.

Those little debit card microchip “marks” implanted can’t get easily lost or stolen, can they?

Folks are getting thir pets chipped nowadays as an alternative to the old “dog tags”.

[sport]

I think you’re low.

By two times at least.

[pyx]

Economic collapse will bring retribution unlike anything congress has ever witnessed,

Most respectfully. I am frustrated. And truly, I say this to you with all due respect but, IN YOUR DREAMS.

John Boehner, Eric Cantor and Mitch McConnell have blatantly, completely and totally SOLD OUT rank-and-file Americans in the most patently obvious manner many, many, many, times in past. And those wretched b@$t@rd@ will be only too happy to do it again. The GOP AND the democRATs have not only mortgaged our CHILDREN, both parties, BOTH POLITICAL PARTIES, have mortgaged our GRAND CHILDREN and our GREAT-GRAND CHILDREN.

FIFTEEN POINT TWO TRILLION TAXPAYER dollars is the cost to our GREAT-GRAND CHILDREN, our GRAND CHILDREN and our CHILDREN.

Now I don't know about some others, but I and very likely you do not take kindly to the democRATs along with John Boehner, Eric Cantor and Mitch McConnell anally raping our children, grand children and our great grand children in front of us.

...and since I’m going to a birthday party for the only senator in my state worth talking too, this is going to be a subject of conversation. Hate to ruin a good birthday bash,

You should ruin a birthday bash for a state senator when he and his cronies on BOTH SIDES of the aisle just eviscerated THREE GENERATIONS OF OUR FAMILIES in front of us.

And you know what, you know what singes my tail-feathers ? Those POLITICOS did it with smiles on their faces because ... They along with their buddies in the MSM were laughing AT us.