Debt ceiling raise 1.8 T-rillion

Discussion in 'Politics' started by Lumpy 1, Dec 10, 2009.

  1. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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  2. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    I'm trying to figure out what the point of having a debt ceiling is when they can just raise it every six months anyway.
     
  3. uscitizen
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    uscitizen Senior Member

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    Yeah kinda like congressional pay raises.

    But lets all forget how many times congress raised the debt ceiling during the last administration.
     
  4. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    You don't point to someone else's wrong to justify your own. Yes, the Congress under Bush did raise the debt ceiling multiple times, however, they're not in power anymore and therefore has no relevancy to this current action. If this Congress continues to follow those same hurtful policies they are just as responsible. They should be stopping this kind of stuff, but as they have shown, this administration is no better than the last.
     
  5. LibocalypseNow
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    LibocalypseNow Senior Member

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    But But...I thought Hopey Changey was against raising the Debt Ceiling? I seem to remember him giving a pious & preachy speech opposing raising the Debt Ceiling when he was a Senator. So why the change? Hmm?
     
  6. dmc3792
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    dmc3792 Rookie

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    at least we aren't spending tons of money on pointless things
     
  7. LibocalypseNow
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    LibocalypseNow Senior Member

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    "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."

    Who do you think made those statements?

    Those are couple of quotes from Senator Barack Obama's pious & preachy speech criticizing the previous administration for attempting to raise the Debt Ceiling. He then went on to vote against raising the Debt Ceiling.

    Yikes! What a sad scam.
     
  8. amrchaos
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    amrchaos Pentheus torn apart

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    Quick question

    What is the purpose of the debt ceiling if the government can figuratively ignore it?(raising it is basically ignoring it!!)

    I mean, why waste their time raising it to begin with? What is suppose to happen when the government surpass the debt ceiling?? Do anyone know??
     
  9. uscitizen
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    uscitizen Senior Member

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    No better or no worse?

    Glass half full or half empty.

    My point is that I posted items like this on political boards while Bush was president and it was always disses by those on the right.
    Hypocracy is the key here.
     
  10. amrchaos
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    amrchaos Pentheus torn apart

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    If the Japanese and Chinese ever become allies......Thank god for Blood rivalries!!
     

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