HUGE Obama FAIL milestone-DEBT REACHES 14,000,000,000,000

Discussion in 'Politics' started by (R)IGHTeous 1, Jan 4, 2011.

  1. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    JUST as I said it would when I pointed that out in graphic form in earlier, related posts.

    The lefty wackos said I was "lyin":lol::cuckoo:

    I live up to my screen name AGAIN.:cool:

    National Debt Tops $14 Trillion

    Posted by Mark Knoller

    The latest posting today of the National Debt shows it has topped $14 trillion for the first time.

    The U.S. Treasury website today reported that as of last Friday, the last day of 2010, the National Debt stood at $14,025,215,218,708.52.

    It took just 7 months for the National Debt to increase from $13 trillion on June 1, 2010 to $14 trillion on Dec. 31. It also means the debt is fast approaching the statutory ceiling $14.294 trillion set by Congress and signed into law by President Obama last February.

    The federal government would have to stop borrowing and might even default on its obligations if Congress fails to increase the Debt Ceiling before the limit is reached.

    Some Republicans in the new Congress have said they'll seek to block an increase in the Debt Ceiling unless a plan is in place to significantly reduce federal spending and unfunded government liabilities on entitlement programs such as Social Security and Medicare.

    National Debt Tops $14 Trillion - Political Hotsheet - CBS News
     
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  2. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    Barack Hussein Obama continues his U.S. rape/suicide.

    Can't wait to hear the lefty sheep, BS deflections on this.........:lol:
     
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  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    that's a shame that they want to cut SS when SS is pulling in a surplus in tax revenues....and has been for 20 plus years

    they should cut discretionary spending instead.
     
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  4. Douger
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    Douger BANNED

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    " I'm not worried about the deficit. It's big enough to take care of itself"
    Google that. Moron.
     
  5. editec
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    editec Mr. Forgot-it-All

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    It's a fail if the mission is a solvent properous nation and government.

    It's a WIN if the agenda was the bankrupt the government and the american middle class.

    Now what GOP master said

    My goal is to cut government in half in twenty-five years, to get it down to the size where we can drown it in the bathtub.
     
  6. AmericanFirst
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    AmericanFirst Gold Member

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    Lets see, obama and his socialist cronies increased the debt in two years more than the first 110 congresses combined. Then they wonder why the last election went the way it did. The idiots are clueless. Lets see the clueless come on here now and blame Bush. Idiots.
     
  7. NYcarbineer
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    NYcarbineer Diamond Member

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    It's only Obama and the Democrats' fault if you are blaming them for continuing Bush and the Republicans' policies,

    which I, for one, at least in part do.
     
  8. NYcarbineer
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    NYcarbineer Diamond Member

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    That would be false. What is wrong with you people?
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Statists in both Parties are due for another 75 seat asskicking in 2012.
     
  10. Mad Scientist
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    Mad Scientist Feels Good!

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    The Budget deficit during the Reagan Administration was 97 Billion. It's 14 Trillion now.

    U.S. Federal Deficits and Presidents

    An economic uptick could take care of 97 Billion rather easily but not 14 Trillion. Moron.
     

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