Obama: There Is No Debt Crisis

[Book of Jeremiah]

Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?

 

[OriginalShroom]

[ame=http://www.youtube.com/watch?v=1kuTG19Cu_Q]Obama says adding $4 trillion to debt is unpatriotic. - YouTube[/ame]

 

[Katzndogz]

Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?

He's like the person who says "I can't be broke. I still have checks in the checkbook".

To obama there is no debt crisis because he can still print funny money and China is still willing to lend to us. What are those interest rates? Anyone know off hand what interest rate we are paying on what we are borrowing?

 

[LoneLaugher]

He's right.

More spending is what is required.

 

[Book of Jeremiah]

Which proves only one thing. When his lips are moving? He's telling the American people another lie.

 

[LoneLaugher]

Is it peaceful to go through life with so little ability to understand things?

 

[OriginalShroom]

He's right.

More spending is what is required.

So when did he change his mind?

 

[tjvh]

How long before a loony liberal pulls out that bogus graph which shows Obama hasn't spent a dime?

 

[LoneLaugher]

He's right.

More spending is what is required.

So when did he change his mind?

I suppose you are referring to his politically expedient nod of agreement regarding our debt issue. Politics son, politics.

 

[OriginalShroom]

Big Red Letters are a sure way to prove that you are right.

 

[Freemason9]

Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?

He's absolutely right. THERE IS NO DEBT "CRISIS." Tell me ONE WAY that the deficit has created problems, aside from political posturing.

That is contrived by the right wing Republicans; "paying down" the debt will ultimately result in lower wages and even more insane wealth concentrations at the very top.

You watch. The taxes will be "restructured" to bow to intense and continuing Republican threats; ultimately, working Americans will end up paying more in the total tax bill.

Reagan started this, and it never ended.

 

[mudwhistle]

He's right.

More spending is what is required.

More spending will reopen WH tours and keep us from having to do furloughs.

 

[Book of Jeremiah]

economics thread in politics?

Driving our nation into bankrupcy while claiming there is no foreseeable crisis concerning debt is a political discussion. If you don't want to participate, don't..

-Jeremiah

 

[OriginalShroom]

Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?

He's absolutely right. THERE IS NO DEBT "CRISIS." Tell me ONE WAY that the deficit has created problems, aside from political posturing.

That is contrived by the right wing Republicans; "paying down" the debt will ultimately result in lower wages and even more insane wealth concentrations at the very top.

You watch. The taxes will be "restructured" to bow to intense and continuing Republican threats; ultimately, working Americans will end up paying more in the total tax bill.

Reagan started this, and it never ended.

Let's start with the $85 billion a month the Fed is dumping into the Bond market to shore up the Stock Market.

When that bill comes due, this "recovery" will burst like an over-ripe pimple on your ass.

 

[Book of Jeremiah]

How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis? How will his endless spending jaunts using other peoples money ( the communist creed ) benefit Americans paying off the debt? Please explain that one, Dante. Thanks.

 

[Freemason9]

Debt has increased six trillion dollars under Obama administration. Mr. Obama says there is no immediate crisis concerning our rising debt - to 17 trillion. How much further do we need to be in debt to reach crisis mode. Anyone?

He's absolutely right. THERE IS NO DEBT "CRISIS." Tell me ONE WAY that the deficit has created problems, aside from political posturing.

That is contrived by the right wing Republicans; "paying down" the debt will ultimately result in lower wages and even more insane wealth concentrations at the very top.

You watch. The taxes will be "restructured" to bow to intense and continuing Republican threats; ultimately, working Americans will end up paying more in the total tax bill.

Reagan started this, and it never ended.

Let's start with the $85 billion a month the Fed is dumping into the Bond market to shore up the Stock Market.

When that bill comes due, this "recovery" will burst like an over-ripe pimple on your ass.

You're assuming that it will "come due." If that happens, it will be because someone made that conscious decision.

The "debt" is illusory, as is our entire monetary system. This is merely a less-bloody system that allows institutionalized slavery/feudalism; i.e., control of the masses by the aristocracy.

 

[LoneLaugher]

How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis? How will his endless spending jaunts using other peoples money ( the communist creed ) benefit Americans paying off the debt? Please explain that one, Dante. Thanks.

When you say "Obama's gift", do you mean funds approved by Congress?

 

[iamwhatiseem]

Obama says adding $4 trillion to debt is unpatriotic. - YouTube

Bingo...

 

[Lonestar_logic]

He's right.

More spending is what is required.

Explain how you spend your way out of debt.

 

[Book of Jeremiah]

How will Obamas' gift of 30 billion dollars of our money to Afghans solve the debt crisis? How will his hundreds of millions to Egypt solve our debt crisis? How will his endless spending jaunts using other peoples money ( the communist creed ) benefit Americans paying off the debt? Please explain that one, Dante. Thanks.

When you say "Obama's gift", do you mean funds approved by Congress?

Congress didn't approve it, he is using his czars these days.... executive orders.. whatever it takes to get his way... the 30 billion has no explanation attached to it... just give the Afghans a blank 30 Billion dollar check because Obama says so.... he still expects to get it... imagine that...