Thread: Senate must raise debt ceiling above $12T

Senate must raise debt ceiling above $12T



Senator Obama

:“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,� Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.�

President Obama:

Now Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion.

Look folks, call congress, tell them no. Ask what is a ceiling if you keep raising it, point out the hypocrisy!!



Online Directory for the 111th Congress

[quote name='Sam Devine' date='12 September 2009 - 03:49 PM' timestamp='1252784963' post='20531']

Let's not. The $13 Trillion came from Bush's generous welfare gifts to his friends the last year out. Let's allow Obama to raise it more to generate jobs in this nation, invest in our children's educational future and create technology in green jobs.



Let's let him work on his health care, so trillions more are not given to the health industry to support them supporting those who do not have insurance at inflated and higher prices than charged around the world.



And finally, let's get rid of republican whom have proven to be fiscally incompetent at best.

[/quote]



Let's not and say we did. You tell me where the money is going to come from to finance all this?



Raising the debt ceiling does not create jobs..



Why do we not just start where the problem really lies and that is with the bankers in this country.

[quote name='anonnymous' date='12 September 2009 - 09:01 PM' timestamp='1252814480' post='20760']

Let's not and say we did. You tell me where the money is going to come from to finance all this?



Raising the debt ceiling does not create jobs..



Why do we not just start where the problem really lies and that is with the bankers in this country.

[/quote]

The money will come from our grandchildren. Come on man, don't you know how a ponzi works yet??? Oh shit I think that comment might have made me a racist...