Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

[Siete]

No doubt we will be at $20 trillion when Obama leaves office.

yeah, But its all Bush's fault

not all of it, but his name is on the debt list along with every other president that left office with a Federal deficit on the books ... the next POTUS gets the deficit added to the national debt, and so on and so on, President after President ...

some idiots are actually stupid enough to believe Obama racked up all 16$ trillion all by himself ... take you for instance.

 

[edthecynic]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

Thats what the Dems want? Maybe you could show us where they want to cut to balance the budget and pay down the debt?

Mark

The bloated and wasteful military budget that buys hardware the military does not even want because lobbyists make sure that parts are produced in every state so the puppet politicians can say they brought jobs to their state.

 

[Siete]

Bush signed 7 debt ceiling increases in 8 years ... BoenerHead, Cantor, McConnel etc etc ALL voted for the increases.

Bitch ain't it ?

Obama made him do it.

 

[Redfish]

the national debt was between 10 and 11T when Bush left office. It is 18T today and will be over 20T when obozo leaves office. Paying the interest is part of the budget, borrowing more than is collected in taxes is deficit spending i.e. spending something you don't have.

Obama is responsible for adding 9T to the national debt. There is no way to deny that fact.

Well, since it is not a fact, it is quite easy to deny!

The GOP National Debt was $12 trillion when Bush left and there was $1.5 trillion in interest run up on that $12 trillion since, therefore Obama's share of the $18 trillion is $4.5 trillion.

Bwahahahaha----------now thats some funny shit math. Using your "logic" Clinton is responsible for Bush's debt.

But let me ask you, will obama be responsible for the debt that the new GOP president inherits in 2016?

Better yet, will you ever hold obama responsible for anything?

Obama will be responsible for his $4.5 trillion plus interest, the GOP for the rest.

you are crazy. Which party controlled congress for most of the last 75 years? Which party passed spending bills that put us into this massive debt?

you libs make me laugh. Bush is totally responsible for everything that happened during his 8 years, but obozo is only responsible for a tiny bit that happened during his.

you are either dumb as a pile of squirrel shit, or nothing but a partisan talking point repeater.

 

[Redfish]

Bush signed 7 debt ceiling increases in 8 years ... BoenerHead, Cantor, McConnel etc etc ALL voted for the increases.

Bitch ain't it ?

Obama made him do it.

how many did obama sign? Did any dems vote for the debt increases during Bush's terms?

Are you ever truthful about anything?

 

[Redfish]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

Thats what the Dems want? Maybe you could show us where they want to cut to balance the budget and pay down the debt?

Mark

The bloated and wasteful military budget that buys hardware the military does not even want because lobbyists make sure that parts are produced in every state so the puppet politicians can say they brought jobs to their state.

there is waste in every federal department, and you fools want to turn the entire healthcare industry over to them.

 

[Redfish]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

 

[PaintMyHouse]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

AKA, the Congress.

 

[Redfish]

No doubt we will be at $20 trillion when Obama leaves office.

yeah, But its all Bush's fault

not all of it, but his name is on the debt list along with every other president that left office with a Federal deficit on the books ... the next POTUS gets the deficit added to the national debt, and so on and so on, President after President ...

some idiots are actually stupid enough to believe Obama racked up all 16$ trillion all by himself ... take you for instance.

actually its 18T and will be 20T when he leaves office. It was 11T when he moved in. 9T of the 20T will have been incurred during his terms.

BTW, we pay the interest on the debt, we just never pay anything on the principal.

Also, do you know the difference between deficit and debt? from your posts, it appears that you don't.

 

[Siete]

Bush signed 7 debt ceiling increases in 8 years ... BoenerHead, Cantor, McConnel etc etc ALL voted for the increases.

Bitch ain't it ?

Obama made him do it.

how many did obama sign? Did any dems vote for the debt increases during Bush's terms?

Are you ever truthful about anything?

.



you can't handle the truth ..

The debt ceiling has been raised 74 times since March 1962, including 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under George W. Bush, and five times under Barack Obama.

 

[edthecynic]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

 

[Theowl32]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

The only people who pay NO taxes are the super wealthy? Fucking liar.

 

[The Rabbi]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

The only people who pay NO taxes are the super wealthy? Fucking liar.

The only people who pay no taxes are the bottom 40%. They get more out of the system than they put in. That's where we need to raise taxes.

 

[Siete]

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

The only people who pay NO taxes are the super wealthy? Fucking liar.

The only people who pay no taxes are the bottom 40%. They get more out of the system than they put in. That's where we need to raise taxes.

Raise taxes ... spoken like a true RW'r.

LMAO.

 

[PaintMyHouse]

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

The only people who pay NO taxes are the super wealthy? Fucking liar.

The only people who pay no taxes are the bottom 40%. They get more out of the system than they put in. That's where we need to raise taxes.

No taxes eh? Amazing. I always thought payroll taxes, sales taxes, and property taxes were actually taxes? My mistake.

 

[edthecynic]

I am still unclear what the hypocrites are saying here.

They do support the Tea Party platform? They are saying they want a smaller government? They want less spending?

Well, that is what they are bragging about.

Please, someone. Let me know what their point is.

Excellent point. If Obama is actually cutting spending, and they applaud it, why do they hold such disdain for the tea parties for trying to do the same thing?

Mark

Because the Tea Bag Brotherhood wants to make all the cuts from the safety net, the Dems want a balance of cutting the waste and taxing the super wealthy.

the so-called super wealthy are already paying most of the tax bill. half of the country is paying nothing. NO ONE wants to cut safety nets for people who actually need them.

Do you want to continue to pay able bodied people to sit on their asses and do nothing?

The only people who pay NO taxes are the super wealthy, like the Rockefellers, the half of the country you lie about paying no taxes actually pay payroll taxes up the ass. The super wealthy not only pay no income taxes, they pay no payroll taxes either!!!

The only people who pay NO taxes are the super wealthy? Fucking liar.

The bliss of complete ignorance!

Gary Allen The Rockefeller File Chapter 1 to 4

The Rockefellers began hiding their wealth from the public and the tax collector -in trusts and foundations. As reported in the Washington Post:
For two generations, the great fortune passed down by John D. has been fractionated and made more complex by increasing layers of trusts and closely held companies, where no public reports are required, none volunteered, and all inquiries politely rebuffed.

The Rockefellers invented a scheme, used by the super rich today, whereby the more money you appear to give away, the richer and more powerful you become. Through the help of captive politicians, guided by some bright boys in the family law offices, legislation was written and passed which would protect the Rockefellers and other elite super-rich from the repressive taxation they have foisted on everyone else.

The key to this system is giving up ownership but retaining control. For example, most people don't believe they really own something unless they retain title to it in their own name. The Rockefellers know this is a big mistake. Often it is better to have your assets owned by a trust or a foundation-which you control-than to have them in your own name.

For example, when Judge Kenesaw Mountain Landis ordered Standard Oil broken up back in 1911, sly old John D. simply created some new foundations and gave his stock to them. The net effect was the same as if you took your wallet out of your right-hand pocket and put it in the left. In this case, however, Rockefeller not only managed to avoid income taxes, but also escaped the probate, estate and inheritance taxes which have ravaged the wealth of those not in the know.

So three generations of Rockefellers have been - giving away millions of dollars - giving much of it to themselves. For example, if a Rockefeller gives a million dollars worth of stock in the Titanic Oil Corporation to the Dogood Foundation, which the family controls, he is not really out one million bucks. All he has done is transfer title of the securities to an alter ego. Of course, the foundation may then give away some of the money, or, more likely, donate some of the stock's future earnings to some allegedly worthwhile cause. But, as the few investigations by Congress into this devious field have shown, in the case of the Rockefellers such bequests somehow end up increasing the Rockefeller financial or political power.

Own nothing. Control everything"
John D Rockefeller

 

[hangover]

Obama inherited a $1.2 trillion deficit from Shrub the day he entered the White House. Obama also inherited 11% unemployment and a totally wrecked economy. He has cut the deficit and unemployment in half, and the economy is back to thriving again.

And now that the cons have control of both houses of congress, every dime of deficit spending is on them. If the economy tanks again, that's on them too. And unemployment also.

 

[Siete]

Obama inherited a $1.2 trillion deficit from Shrub the day he entered the White House. Obama also inherited 11% unemployment and a totally wrecked economy. He has cut the deficit and unemployment in half, and the economy is back to thriving again.

And now that the cons have control of both houses of congress, every dime of deficit spending is on them. If the economy tanks again, that's on them too. And unemployment also.

everything ... observe how they handled Immigration ... left for Thanksgiving vacation .. just a sign of things to come.

 

[The Rabbi]

Obama inherited a $1.2 trillion deficit from Shrub the day he entered the White House. Obama also inherited 11% unemployment and a totally wrecked economy. He has cut the deficit and unemployment in half, and the economy is back to thriving again.

And now that the cons have control of both houses of congress, every dime of deficit spending is on them. If the economy tanks again, that's on them too. And unemployment also.

Worst growth post recession ever
Lowest workforce participation rate
Highest level of food stamps
Highest level of SSI
Largest growth in national debt
Lowest rate of startups
HIghest growth in regulation


Mission Accomplished!

 

[PaintMyHouse]

Obama inherited a $1.2 trillion deficit from Shrub the day he entered the White House. Obama also inherited 11% unemployment and a totally wrecked economy. He has cut the deficit and unemployment in half, and the economy is back to thriving again.

And now that the cons have control of both houses of congress, every dime of deficit spending is on them. If the economy tanks again, that's on them too. And unemployment also.

Worst growth post recession ever
Lowest workforce participation rate
Highest level of food stamps
Highest level of SSI
Largest growth in national debt
Lowest rate of startups
HIghest growth in regulation


Mission Accomplished!

Well Thank God he didn't spend like Reagan then.