Quote of the Day

[CulpeperMM]

I apologize if this is a re-tread. Seems appropriate to re-post now that on Jan 5th 2012 we are now at the debt limit again.

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"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."

-Barack Hussein Obama
Chief Comrade Commissar

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[PeaShooter]

posted to facebook also...

 

[CulpeperMM]

debt limit increase request

in layman's terms...
http://www.youtube.com/watch?v=Li0no7O9zmE&feature=youtu.be
http://youtu.be/Li0no7O9zmE
humorous take

 

[spearheadersarge]

I love the graphic depiction of the kid signing for the parent's debt. This is exactly what Congress and the President does every time the limit is raised. There needs to be a balanced budget ammendment and a debt limit of the historical average of 18% of GDP. These charades need to end. If BHO gets re-elected the rate we're going at the end of his 2nd term our Nat Debt will be about 24 trillion! God forbid!