If You Are Honest...You Have to Admit Obama Makes No Sense

[Mistermj]

Obama is now attacking the problem he is creating...WTF? :think2:

RIO RANCHO, New Mexico (Reuters) - President Barack Obama raised the prospect on Thursday that China and other nations could stop buying U.S. debt and said the United States needed to tackle its deficit to avoid long-term economic damage.

"The long-term deficit and debt that we have accumulated is unsustainable. We can't keep on just borrowing from China or borrowing from other countries," Obama told a town hall meeting event in New Mexico.

"We have to pay interest on that debt and that means that we're mortgaging our children's future with more and more debt," he said.

http://www.nytimes.com/reuters/2009/05/14/us/politics/politics-us-obama-china-debt.html?_r=2

No shit Obama...so what was YOUR solution again? Quadruple the Bush deficits...RIGHT. hno:

 

[Mistermj]

Obama can assure voters that he inherited these deficits. But bond markets pay closer attention to the fact that Obama has already increased the projected deficit he inherited by 50%:

The White House raised the 2009 budget deficit projection to a staggering $1.8 trillion today. For context, it took President Bush more than seven years to accumulate $1.8 trillion in debt. It also means that 45 cents of every dollar Washington spends this year will be borrowed.

The Risk of Debt - Megan McArdle (12 May 2009)

http://meganmcardle.theatlantic.com/...sk_of_debt.php

 

[SmallDaddy]

1.8 trillion? HAHAHAHAHA

I love how the Bush debt keeps shrinking by the day.

Karl Rove in February said it was 2.9 trillion, two weeks ago in the WSJ he wrote its was 2.3, now its 1.85


BTW the first year's figure should belong to the previous administration (for the most part)
Its the previous guys budget

 

[Mistermj]

Even the White House says 1.75 Trillion.

 

[gtc08]

trillion aint shit in 2009 baby.

 

[festeringZit]

trillion aint shit in 2009 baby.

I swear, you must try to act like a fucking idiot on here.

 

[Mistermj]

<tt>Obama Says Debt Load 'Unsustainable'; Warns of skyrocketing interest rates...

No shit Obama...

</tt>

 

[barman]

Props PackerFan on creative Topic line

A lesson all of us could learn from....

"If you're honest....(insert subjective premise).."

leaves the reader unable to disagree without being "dishonest"

good work....


I'm starting to think maybe you actually did log some time with that Onion....or at least knew a guy who did and he shared some tips with ya

 

[nimue77]

Moron.

trillion aint shit in 2009 baby.

 

[Mistermj]

Props PackerFan on creative Topic line

A lesson all of us could learn from....

"If you're honest....(insert subjective premise).."

leaves the reader unable to disagree without being "dishonest"

good work....


I'm starting to think maybe you actually did log some time with that Onion....or at least knew a guy who did and he shared some tips with ya

Anyway...back on topic.

I take it Obama's positions are in fact unexplainable.

 

[earl]

under obama we will have more debt than ALL the former presidents combined. unfuckinbelievable!

 

[SmallDaddy]

Yep. The ponzi scheme that is the US govt is in its final stages

 

[mrcrash]

under obama we will have more debt than ALL the former presidents combined. unfuckinbelievable!

oh my god, in just over 100 days obama has ruined us, wow

 

[barman]

Anyway...back on topic.

I take it Obama's positions are in fact unexplainable.

Over the next seven years and eight months, they should be increasingly understandable.

:grandmais

 

[Mistermj]

Over the next seven years and eight months, they should be increasingly understandable.

:grandmais

Possibly...but we all know you said the same thing about Jimmy Carter too.

:toast:

 

[Kornholio]

Considering many forcasters have been predicting a U.S. default on debt by possibly the end of summer....along with China scaring away from accumilating new U.S. debt? I think he is finally realize the truth. You can't spend your way out of bankruptcy...and he just made it a lot worse. Ooops.

 

[barman]

Possibly...but we all know you said the same thing about Jimmy Carter too.

:toast:

heh...Too young for such claims. I was only 17 when Carter entered his fourth month in office

And then, three years later in my first time voting, I fell for the hype that was Ronald Reagan.

TWICE....

just goes to show, Fool Me Once - shame on me....Fool Me Twice - Shame on me again.

Got with the program in 1992 when I left the Dark Side and voted Clinton

 

[gtc08]

you guy need to get laid and stop worrying about this stuff. you guys are like 70 anyways, youll be dead in 10 years.

i gotta deal with this, but ill be in montenegro with my ghini.

yeeeya.

 

[festeringZit]

you guy need to get laid and stop worrying about this stuff. you guys are like 70 anyways, youll be dead in 10 years.

i gotta deal with this, but ill be in montenegro with my ghini.

yeeeya.

You admitted the other day you were a virgin.

hno:

 

[Risk44]

He is attacking the fact that we have borrowed over a long period of time from china.. can you read?