Barack Obama is working hard to get the debt ceiling of the nation raised. We are already at 17 TRILLION dollars but Obama wants more. The asinine statements that raising the debt ceiling does not give us more debt are an insult to people with brains. Raising the debt ceiling allows government to borrow more money which leads to greater debt. If there will be no increase in our debt then there is no need to raise the ceiling.
But Obama wants more. He has already added 8 TRILLION dollars and he is not yet satisfied. He is out saying that Republicans are holding the nation hostage because they want cuts to go with any debt ceiling increase.
We must cut our spending. There is no other way around it and raising the debt ceiling is not a way to do that. Force Congress to live with what it gets and keep the ceiling where it currently sits.
We can do that with cuts.
But to Obama the Republicans are doing things that have never been done. Why, we must raise the debt ceiling as a matter of good business and those mean Republicans are preventing us from doing this and it has never happened before, all this hostage taking to get what one party wants. After talking about how it has never been done before Obama then discussed the dangers of not allowing a president, any president, to raise the debt ceiling so we can ensure our bills are paid:
“George [Stephanopoulos], here’s the problem. If we continue to set a precedent in which a president, any president, a Republican president, a Democratic president, where the opposing party controls the House of Representatives, if that president is in a situation in which each time the United States is called upon to pay its bills, the other party can simply sit there and say, ‘Well, we’re not gonna pay the bills unless you give us what we want,’ that changes the constitutional structure of this government entirely.” Maddow Blog
Barack Obama is a typical liberal and those who support him are mindless drones with short memories. Nancy Pelosi says Obama is wonderful and has been non partisan. It is all those evil Republicans and Nancy has not seen anything like this in her entire 26 years in office. A real journalist would have asked her to submit to a drug test because this is how she treated George Bush. Democrats run roughshod over everything when they are in charge and Pelosi was no different as Speaker. Can you be any more of a mind numbed drone with a short memory?
Not long ago when Obama was a Senator he refused to vote to raise the debt ceiling. He did not think it was necessary for presidents to have a raised ceiling and he did not think it was important for America to pay her bills. In fact, Obama voted against raising the debt ceiling when George Bush was president as a protest to government spending too much of our money, or as he called it, reckless fiscal policies (what he really hated was that a Democrat was not spending too much of our money).
Here is what All Drama Obama had to say in 2006:
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. National Review
Everything he said then is true with regard to now with the only difference being that the numbers are much larger. Obama has been a leadership failure. His policies and our debt increase are signs that we can’t pay our bills. We do rely on other countries to pay our bills and the bad choices made by Obama have passed debt onto the backs of our children and grandchildren.
By Obama’s own assessment he has been a leadership failure. We need to hold him to his word and remind him that the amount of debt passed on is grossly higher now than when he opposed doing what he now says we must.
The debt ceiling is not being held hostage the American taxpaying public is. We are held hostage to the shackles of debt amassed under an out of control government.
Obama is at the top of that mess and it all rests on him.
But I guess if Obama had to assign blame he would blame it on Bush…
Never surrender, never submit.