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We are quickly (as in possibly going over in November!) hitting the debt ceiling AGAIN! This, just after increasing the ceiling in July, I believe. ...
We are quickly (as in possibly going over in November!) hitting the debt ceiling AGAIN! This, just after increasing the ceiling in July, I believe. The debt is just soaring. How on earth these idiots in Washington can possibly think we can afford to add more debt is simply beyond me.
Congress is so clever. They feel the pressure to do something about the National Debt, so they pass a law that the debt cannot go over $xx. This makes them feel good and shuts up those pesky voters back home.
Then, when the debt approaches the debt ceiling, instead of reducing spending they just raise the ceiling. They usually vote to raise the ceiling late at night on a Friday and do it "reluctantly" because now there is a funding crisis that "must be addressed." Don't you wish you could do that at home?
By the way, this will be the 29th (or 30th, I lost track) time Congress has raised the debt ceiling since it was put in place in the 70s. Basically, they have raised the ceiling pretty much every year.
Another example of why they need to all be voted out.
Ah, but remember - I do believe our Leader has said there is about $<insert whatever number has been bandied about here> billion per year in Medicare waste and fraud. I could be wrong on the number, as that was before the 60 Minutes episode on Sunday night, which I haven't watched yet. Perhaps that's more.
Therefore, there appears to be no reason for congress to raise the debt ceiling at this time, since "awareness" is usually the first step toward action, and it would seem that the "awareness" happened a long time ago, therefore, it should be pretty much cleaned up by the Obamatrons by now.
Senate Finance Chairman Max Baucus (D-Mont.), whose committee is in charge of the debt increase, said “oh yeah, it’s a possibility” of adding the debt-ceiling increase to the spending legislation.
“I care less how it’s done so long as it is done,” Baucus said.
------------------------------------ Spending Our Way to Prosperity
I know I sound like a broken record but ... where were you guys and your Tea Parties when President Bush and a Republican Congress increased the Debt Level 7 times in 8 years???
I know I sound like a broken record but ... where were you guys and your Tea Parties when President Bush and a Republican Congress increased the Debt Level 7 times in 8 years???
It led to the collapse of the Republican Party, in answer to what most conservatives reaction was to it. Now it has reached the point where Obama is losing the independent centrist vote which got him elected. Maybe he can just Californicate the entire national debt and his followers can just keep on pointing backward to George Bush. Yeh, that will work.
News alert: Obama won the election last fall. The word "inherited" got him through 2009. Dont count on that tired old line for more than a week or two into 2010.
I know I sound like a broken record but ... where were you guys and your Tea Parties when President Bush and a Republican Congress increased the Debt Level 7 times in 8 years???
Ditto Winter.
We were there and we were pissed each of those times as well. It is a basic problem with Congress, not parties, and it has to do with power and spending. Spending enlarges power. Powers leads to corruption. The usual "Power corrupts, yada yada"
Hittin the Debt Ceiling
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