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Obama: 'At Some Point the Government Will Run Out of Money'
Breitbart ^ | 8/22/13 | staff

Posted on 08/22/2013 5:36:07 PM PDT by Nachum

President Obama, speaking at the State University of New York-Buffalo:

“So at some point, the government will run out of money, which means more and more costs are being loaded on to students and their families,” the president said.

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


TOPICS: Government; News/Current Events
KEYWORDS: government; money; obama
Ya think?
1 posted on 08/22/2013 5:36:07 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/


2 posted on 08/22/2013 5:36:52 PM PDT by Nachum (I am Breitbartacus!)
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To: Nachum

He’s slipping. They can always make more money, or get it from the rich people.


3 posted on 08/22/2013 5:37:32 PM PDT by rightwingcrazy
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To: Nachum

Well, if he is finally admitting that eventually then it was a brief moment of clarity, never to be repeated.


4 posted on 08/22/2013 5:38:06 PM PDT by GeronL
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To: Nachum

NSS! Obama is one smart dude.


5 posted on 08/22/2013 5:39:38 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Nachum
“So at some point, the government will run out of money"

Well Mr Gay Boy President, do you mean that this will occur after you have confiscated everyone's assets, 401ks, homes, properties, and gold?

Just askin', for clarification.

6 posted on 08/22/2013 5:39:40 PM PDT by bkopto (Obama and Biden are merely symptoms of a more profound, systemic disease in American body politic.)
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To: Nachum

Computers create money these days, so the government can make as much as it wants. No worries.


7 posted on 08/22/2013 5:39:54 PM PDT by St_Thomas_Aquinas (Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Nachum

Didn’t they run out about $6 Trillion ago?


8 posted on 08/22/2013 5:40:54 PM PDT by CrappieLuck
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To: Nachum

he does nothing but speed us off this cliff. on purpose. his statement is a ‘no kidding’.


9 posted on 08/22/2013 5:41:22 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Nachum

Who knew? Better get your Obamaphone while you still can.


10 posted on 08/22/2013 5:41:53 PM PDT by smoothsailing
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To: Nachum

If you would run out of town because of it, Obama, and never come back- it would be a blessing to go broke.


11 posted on 08/22/2013 5:41:59 PM PDT by Truth2012
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To: Nachum
Hey! Just get Bernake to print more money!


12 posted on 08/22/2013 5:43:23 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: Nachum

I place this quote up there with Joycelin Elders: “Everybody is gonna die of sumpthin.”


13 posted on 08/22/2013 5:43:46 PM PDT by Huskrrrr
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To: Nachum

Obama finally gets some Margret Thatcher in him.


14 posted on 08/22/2013 5:49:14 PM PDT by CrappieLuck
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To: Nachum
The government has no money. It taxes from the people to finance it's legislative and national defense operations.

So what Obama is saying is very confusing? Does he mean the government in China will soon run out of money to loan us so Jamal and Jamika can get free housing, food, tansit, daycare, healthcare, and college?

Like I said........I'm confused by his statement?

Was he trying to explain Maggie Thatcher's comment on socialism being just fine until you run out of other people's money? But that's some very old news.

15 posted on 08/22/2013 5:50:11 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: Nachum

The government has no money. It’s the peoples’ money. What the hell is this clown talking about?


16 posted on 08/22/2013 5:52:23 PM PDT by Boogieman
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To: Nachum

He's coming right out and telling you exactly what's going on.

17 posted on 08/22/2013 5:59:19 PM PDT by ClearCase_guy (21st century. I'm not a fan.)
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To: Nachum

As long as there is a nickel to steal, the government will not run out of money.


18 posted on 08/22/2013 5:59:44 PM PDT by Blood of Tyrants (Tyranny is defined as that which is legal for the government but illegal for the people. T Jefferson)
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To: Nachum
Obama: 'At Some Point the Government Will Run Out of Money'


19 posted on 08/22/2013 5:59:52 PM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Nachum

Nope. So long as there’s trees, ink, and paper.


20 posted on 08/22/2013 6:01:30 PM PDT by SkyDancer (A white woman would be accused of racism if she gave birth to a white baby.)
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To: Nachum

Should he have maybe thought of that before QE1, QE2, QE3?

I think that this is signal that China has cut him off and will no longer be purchasing US debt. Here comes inflation! Lock in your variable interest debts while you can.

I just pray that I get work before my mortgage is up for renewal as my payments will drop to less than $1,000/mth versus the current $1,355/mo. (Generally, max term in Canada is 5 years, based on 25-35 amortization). A ‘kinsman redeemer’ would also assist in my getting the renewal. My prayer to the Lord!


21 posted on 08/22/2013 6:02:08 PM PDT by A Formerly Proud Canadian (I once was lost but now I'm found; blind but now I see.)
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To: Nachum

Well, who should pay for college but the people who are going to college? Why should people who go to trade school or become construction workers, farmers, or hair cutters pay taxes so the sons and daughters of lawyers and doctors can go to college? What crap.


22 posted on 08/22/2013 6:02:57 PM PDT by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: Nachum
“So at some point, the government will run out of money, which means more and more costs are being loaded on to students and their families,”

Dumbass, government has zero money without taking it from students and their families first. Typical ass backward government thinking.
23 posted on 08/22/2013 6:03:12 PM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Nachum

Some one should fill the college kid in: we ran out of money a long time ago.


24 posted on 08/22/2013 6:04:26 PM PDT by tumblindice (America's founding fathers: All armed conservatives.)
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To: Nachum

Uh ... they’ve been out of money for decades.


25 posted on 08/22/2013 6:07:55 PM PDT by al_c (http://www.blowoutcongress.com)
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To: Nachum

I hurt myself laughing at this asshole and how he IS the cause of the collapse of our economy and republic and then he paints himself as the solution... of course he will just keep destroying but the msm propaganda machine will report that he is trying to cut spending and the republicans are blocking him and the low information voter will believe it 100% and come 2014... he or she will put a hildebeast sign in their front yard.


26 posted on 08/22/2013 6:08:24 PM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS!)
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To: Nachum

It must have been that Harvard education that did it.

Wow.

Dude.


27 posted on 08/22/2013 6:12:08 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: cripplecreek

If the government ran out of money its because those students and families have been tapped out by the government!

too true


28 posted on 08/22/2013 6:13:08 PM PDT by GeronL
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To: Nachum
Translation....

OBAMA: "At some point I'll suspend EBT payments, and Trayvons shall riot."









29 posted on 08/22/2013 6:13:58 PM PDT by LyinLibs (If victims of islam were more "islamophobic," maybe they'd still be alive.)
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To: Nachum

Noble Prize for Economics.


30 posted on 08/22/2013 6:13:59 PM PDT by don-o (He will not share His glory, and He will not be mocked! Blessed be the Name of the Lord forever!)
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To: Nachum

Given the trillion dollar deficit I’d say the government ran out of money some time ago.


31 posted on 08/22/2013 6:17:29 PM PDT by RonF
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To: Nachum

Well, DUH, you IDIOT Obemba!

The Tea Party has been telling you that for five years!


32 posted on 08/22/2013 6:27:04 PM PDT by spel_grammer_an_punct_polise (Learn three chords and you, too, can be a Rock Star!)
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To: ClearCase_guy

CP bump

CP as in Communist Party


33 posted on 08/22/2013 6:37:09 PM PDT by newfreep (Breitbart sent me...)
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To: Nachum

which makes an obvious point...

0failure doesn’t know the govt has no money

all that money comes from the people


34 posted on 08/22/2013 6:39:03 PM PDT by sten (fighting tyranny never goes out of style)
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To: GeronL

Vigorous concurral!


35 posted on 08/22/2013 6:44:30 PM PDT by Silentgypsy (:))
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To: al_c

WTF? No mo' mony???

36 posted on 08/22/2013 6:49:08 PM PDT by Leo Carpathian (FReeeeepeesssssed)
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To: Nachum

This is not a sign of obastard having a epiphany it is simply yet another justification of his to raise taxes.


37 posted on 08/22/2013 6:54:02 PM PDT by Sequoyah101
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To: GeronL

Uh oh! He’s off his teleprompters again...


38 posted on 08/22/2013 7:15:15 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: The Antiyuppie

lol


39 posted on 08/22/2013 7:20:22 PM PDT by GeronL
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To: All
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40 posted on 08/22/2013 7:23:40 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: All

He also said the republicans don’t want to pay for things where the money has already been spent. Brilliant.


41 posted on 08/22/2013 7:51:07 PM PDT by VerySadAmerican (When you vote for evil because you can't see evil, you ARE evil.)
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To: Blood of Tyrants

Rep. Ellison: ‘There’s Plenty of Money, It’s Just The Government Doesn’t Have It’ - See more at: http://cnsnews.com/news/article/rep-ellison-there-s-plenty-money-it-s-just-government-doesn-t-have-it#sthash.kXZfL8ja.dpuf


42 posted on 08/22/2013 8:19:55 PM PDT by Rusty0604
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To: Nachum
But there's ALWAYS plenty of money for him to take $100,000 vacations, give $585 million to Egypt, fly 3 official planes when 1 will do, pay some dope $102,000 to walk the dog(s) and clean up after them, etc. Who is he trying to kid?

The only one he can: Obamaphone Woman (successor to the Neanderthals)


43 posted on 08/22/2013 9:52:30 PM PDT by EinNYC
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To: Nachum
Are we not out of money now?

National Debt Clock

44 posted on 08/23/2013 6:12:22 AM PDT by TexasCajun (Creepy-Ass Cracka -- Don't Call Me Cracker)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks Nachum.
"So at some point, the government will run out of money, which means more and more costs are being loaded on to students and their families," the president said.
No problem -- the Repeal of Obamacare will solve a piece of that.


45 posted on 08/24/2013 7:26:13 AM PDT by SunkenCiv (It's no coincidence that some "conservatives" echo the hard left.)
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