Raise the Debt Ceiling to $12,000,000,000,000.00

[concept]

That's TWELVE TRILLION.

Well now.

Senate must raise debt ceiling above $12T - TheHill.com

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.

But in ;06, as part of the lib's plot to take advantage of a good crisis:

Democrats in control of Congress, including then-Sen. Obama (Ill.), blasted President George W. Bush for failing to contain spending when he oversaw increased deficits and raised the debt ceiling.

“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.”

Can you say "Hypocrisy"?

* Main Entry: hy·poc·ri·sy
* Pronunciation: \hi-ˈpä-krə-sē also hī-\
* Function: noun
* Inflected Form(s): plural hy·poc·ri·sies
* Etymology: Middle English ypocrisie, from Anglo-French, from Late Latin hypocrisis, from Greek hypokrisis act of playing a part on the stage, hypocrisy, from hypokrinesthai to answer, act on the stage, from hypo- + krinein to decide — more at certain
* Date: 13th century

1 : a feigning to be what one is not or to believe what one does not; especially : the false assumption of an appearance of virtue or religion
2 : an act or instance of hypocrisy

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. ----Barack Hussein n00bama

Yes Obama, you are a failure. A massive failure. You lie like a rug and along with your merry little band of moonbats, you will say or do anytihng to gain and keep power. We get it.

You have the house, the senate, the executive and the media. You own it. And when it all comes crashng down, you will have set liberalism back decades.

 

[Polk]

I wonder what changed between 2006 and today...

 

[CrusaderFrank]

I wonder what changed between 2006 and today...

“America has a debt problem and a failure of leadership.” -- Barack Hussein Obama

Also, in 2006 Dems took control of Congress...the beginning of the end

 

[Kevin_Kennedy]

What's the point of a debt-ceiling if you just raise it whenever you want?

 

[Meister]

But, but, Bush
Look at what Bush did.
It's OK that Obama does it, because Bush did it.
Libs complained that Bush did it (so did the conservatives, if truth be known)
But it's OK that Obama does it....that is completely different, huh?

 

[potter 58]

(so did the conservatives, if truth be known)

Bull pucky, well at least not many of them LOL

 

[CrusaderFrank]

(so did the conservatives, if truth be known)

Bull pucky, well at least not many of them LOL

No doubt, you confuse Republican and Conservatives

 

[Oddball]

What's the point of a debt ceiling anymore??

 

[Meister]

(so did the conservatives, if truth be known)

Bull pucky, well at least not many of them LOL

I didn't say republicans....I said conservatives you dumb ass.

 

[Polk]

What's the point of a debt ceiling anymore??

Was there ever a point?

 

[Kevin_Kennedy]

What's the point of a debt ceiling anymore??

Was there ever a point?

It was an attempt to force the government to be fiscally responsible. However, they simply raise it whenever they deem it necessary making it useless.

 

[BasicGreatGuy]

What's the point of a debt ceiling anymore??

"Movin' on up to a deluxe apartment in the sky."

 

[Care4all]

What's the point of a debt ceiling anymore??

there hasn't been a point in it for 9 years.... it was 5.6 trillion ceiling right before bush took office.... the only thing the ceiling does, is make us talk about it the next time they raise it, so i suppose that is a good thing....?

the ceiling means nothing...other than a trumped up word to make themselves appear better.

Cutting long term spending is the only thing with meaning, and haven't seen any of that...not yet...though i still view it as early in the game, because we have been in a recession, where cutting back spending only tends to hurt us during a recession...so says economists in general.

My problem with the spending so far, is that it is not as focused as i would have expected it to be in key areas, such as long term infrastructure projects, or in the ''stimulus realm'', other than the new home ownership credit and yes...cash for clunkers...i believe this stimulus has worked....but if you add up the money in the stimulus bill and minus out infrastructure projects and the 2 stimulus programs that did generate an increase in sales
I wonder where the other 600+ billion went of this stimulus money?

 

[concept]

What's the point of a debt ceiling anymore??

there hasn't been a point in it for 9 years.... it was 5.6 trillion ceiling right before bush took office.... the only thing the ceiling does, is make us talk about it the next time they raise it, so i suppose that is a good thing....?

the ceiling means nothing...other than a trumped up word to make themselves appear better.

Cutting long term spending is the only thing with meaning, and haven't seen any of that...not yet...though i still view it as early in the game, because we have been in a recession, where cutting back spending only tends to hurt us during a recession...so says economists in general.

My problem with the spending so far, is that it is not as focused as i would have expected it to be in key areas, such as long term infrastructure projects, or in the ''stimulus realm'', other than the new home ownership credit and yes...cash for clunkers...i believe this stimulus has worked....but if you add up the money in the stimulus bill and minus out infrastructure projects and the 2 stimulus programs that did generate an increase in sales
I wonder where the other 600+ billion went of this stimulus money?

Yeah it means nothing until libs need to use it for political gain.

 

[eagleseven]

90% of GDP, huh? OH BOY!

 

[LibocalypseNow]

This is just another sad example of the Socialists rapidly moving our nation towards Third World Misery.

 

[Care4all]

This is just another sad example of the Socialists rapidly moving our nation towards Third World Misery.

are republicans socialists? wasn't $7 TRILLION of that debt ceiling added, added to the national debt during president bush's reign, with a good 6 years plus of republican majority in congress?

PLEASE!

at least wait a year or 2 before YOU TRY TO REWRITE HISTORY! Some of us, have too good of a memory, to let you 'get away with' such a scam!

 

[LibocalypseNow]

Yes the Republicans under George Bush were Socialists. Hopey Changey is merely George Bush on Steroids at this point. He simply took all of Bush's worst ideas like "Stimulus Packages" and Bailouts" and made them much much worse. There has been absolutely no change folks. I would say that George Bush was a Socialist with a small 's' while Barack Obama is a Socialist with a capital 'S.' Either way Third World Misery is coming.

 

[Big Black Dog]

Why even have the debt ceiling? It obviously doesn't appear to mean anything to our Congressmen and President about how much money the US goes into debt. Just like my ex-wife. As long as she could get credit, she would spend. Let's change those words around just a little. As long as the US can get credit from anybody who will lend us the money, we will spend it. The US Congress and President are not going to stop spending money until the country is bankrupt. That seems fairly clear to me.

 

[Oddball]

What's the point of a debt ceiling anymore??

there hasn't been a point in it for 9 years.... it was 5.6 trillion ceiling right before bush took office.... the only thing the ceiling does, is make us talk about it the next time they raise it, so i suppose that is a good thing....?

the ceiling means nothing...other than a trumped up word to make themselves appear better.

Cutting long term spending is the only thing with meaning, and haven't seen any of that...not yet...though i still view it as early in the game, because we have been in a recession, where cutting back spending only tends to hurt us during a recession...so says economists in general.

My problem with the spending so far, is that it is not as focused as i would have expected it to be in key areas, such as long term infrastructure projects, or in the ''stimulus realm'', other than the new home ownership credit and yes...cash for clunkers...i believe this stimulus has worked....but if you add up the money in the stimulus bill and minus out infrastructure projects and the 2 stimulus programs that did generate an increase in sales
I wonder where the other 600+ billion went of this stimulus money?

There hasn't been a point in it EVER, if all they need is a simple majority vote to continue smoking the fiat currency crack.