So, Obama is adding over a trillion dollars to our debt every 4 months or so now? This is sheer insanity and a hard rain is gonna fall.
Maybe they will be calling this QE3 before long.
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.
If congress allows itself to be snookered again...
Someone has to find the balls to cut off the drug supply to this addict!
WTF has happened to everyone...how can anyone imagine this could all end well!?
You see how much effect that spending is having on the unemployment rate-zero!
Make it stop - please, somebody, MAKE IT STOP!!!
My gosh, when is this insanity going to end?
Why does Hussein need to buy votes? Seems as if so-called conservatives are doing all his campaigning for him.
Scrawled in lipstick on the mirror in the West Wing of the White House: “Please catch me before I spend more!”
Where does Obama get the authority to keep spending at the level that creates these deficits? Bingo! We are operating on continuing resolutions based on the enormous FY 10 Budget. The Senate has deliberately failed to even vote on a budget since then (except for the joke that Obama sent up with even more spending - which even the Democrats in the Senate could not stomach). By using the CRA the Dems get to keep slushing it out to their constituencies as they force the Republicans to go along by creating crisis's over extensions of the CRA and debt ceilings, and, of course, the Republicans are blind to what is going on and lack the political will to do anything about it.
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. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
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.
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.
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.
Another $1.2 trillion increase in the debt ceiling because socialism needs a little more priming to take hold.