Skip to comments.Obama: 'At Some Point the Government Will Run Out of Money'
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 ...
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!
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.
Some one should fill the college kid in: we ran out of money a long time ago.
Uh ... they’ve been out of money for decades.
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.
It must have been that Harvard education that did it.
If the government ran out of money its because those students and families have been tapped out by the government!
Noble Prize for Economics.
Given the trillion dollar deficit I’d say the government ran out of money some time ago.
Well, DUH, you IDIOT Obemba!
The Tea Party has been telling you that for five years!
CP as in Communist Party
which makes an obvious point...
0failure doesn’t know the govt has no money
all that money comes from the people
WTF? No mo' mony???
This is not a sign of obastard having a epiphany it is simply yet another justification of his to raise taxes.
Uh oh! He’s off his teleprompters again...
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