THE QUOTE OF THE DECADE — HISTORY REPOSTED

What follows below is the reposting of THE QUOTE OF THE DECADE.
moneytree

The following is from a chain email called THE QUOTE OF THE DECADE.

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that, “the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

~ Senator Barack H. Obama, March 2006

It was so nice of him to give us this great quote for posterity — SO, USE IT!

Only 86% will send this on; It should be a 100%.

Please send it on if only to one person.

It’s true:http://www.snopes.com/politics/obama/debtlimit.asp

Snopes.com attests to the authenticity of the quote. Then, of course, Snopes.com offers Obama’s excuse for his change of heart.  Supposedly, Obama now realizes raising the debt ceiling would be a disaster, but would it? What if Obama is lying?

Some say If Congress Doesn’t Raise the Debt Ceiling, Nothing Disastrous Will Happen. Why would Obama say otherwise?  Here is the reason. Obama does not want to just pay America’s bills. He wants to buy votes. Hence, somebody has introduced a bill.

Sen. Pat Toomey (R., Pa.) has introduced a bill designed to avert default by requiring the Treasury Department, if the debt limit hasn’t been raised, to prioritize the order that government bills are paid—giving precedence to interest payments, as well as to Social Security benefits and active-duty military pay. If there isn’t enough revenue on any given day to cover those priorities, Mr. Toomey’s bill also authorizes the Treasury Secretary to issue just enough additional debt to cover those costs.

That would take some of the sting out of the consequences of not raising the debt ceiling, Mr. Toomey said. (from here)

The Federal Government spends 4 trillion a year and borrows 40 percent of that money. Yet what does most of the news media want to talk about? The fact we are going broke? No. Instead of stopping runaway spending, the news media encourages us to give up our second amendment rights. For some reason we are suppose are suppose to give up our guns to the very same government we cannot trust to wisely spend our money.

An Addition

Can the GOP win this contest?  Dean Clancy thinks so.  Check out CLANCY: How the GOP can win the shutdown.

The GOP can win the Obamacare shutdown standoff — by standing strong.

Despite what many inside the Beltway think, Republicans hold a strong hand, strong enough to make a policy victory quite plausible.

Of course, in the event a handful of nervous House Republicans emulate the English army at the Battle of Hastings and break ranks on the cusp of victory, the GOP will suffer a tragic rout that would be not only disastrous, but unnecessary.

News reports suggest a handful of “moderate” House Republicans, fearful that the current budgetary standoff will hurt them politically, are tempted to desert Speaker John A. Boehner and side with Democrats to push through a “clean” continuing resolution. A clean measure would fund the entire government for a few months, minus a provision to delay Obamacare for a year. The health care law takes full effect on Jan. 1. To date, the House has approved the delay twice. (continued here)

See for yourself whether Clancy’s argument holds water.

I would just note something rather odd. Our government gets more in tax receipts than it owes. Whereas any successful business would know how to cut expenses and pay just what it needs on what it owes (If we hit the debt ceiling, can Obama choose which bills to pay? (washingtonpost.com)), our government claims it cannot do that. Too complicated. If that is not gross incompetence and bad planning what is it? Nonetheless, these clowns insist upon running our healthcare and anything else they can get their grubby hands on.

 

One thought on “THE QUOTE OF THE DECADE — HISTORY REPOSTED

Comments are closed.

Blog at WordPress.com.

Up ↑

Twenty First Summer

Thoughtful. Positive. Relevant.

Dr. Luis C. Almeida

Christian College Professor

Settled In Heaven Blog

A text & video blog striving to honor Our Lord and Savior Jesus Christ through Bible lessons, devotionals, Sunday School studies and small group studies.

praythroughhistory

Heal the past. Free the present. Bless the future.

Dr. Lloyd Stebbins

Deliberate Joy

I Refuse To Follow Your Blog

Stop being a follower!!!

Lillie-Put

The place where you can find out what Lillie thinks

He Hath Said

is the source of all wisdom, and the fountain of all comfort; let it dwell in you richly, as a well of living water, springing up unto everlasting life

partneringwitheagles

WHENEVER ANY FORM OF GOVERNMENT BECOMES DESTRUCTIVE OF THESE ENDS (LIFE,LIBERTY,AND THE PURSUIT OF HAPPINESS) IT IS THE RIGHT OF THE PEOPLE TO ALTER OR ABOLISH IT, AND TO INSTITUTE A NEW GOVERNMENT...

Defining the Narrative

Discussing the Soul of America

PUMABydesign001's Blog

“I hope we once again have reminded people that man is not free unless government is limited. There’s a clear cause and effect here that is as neat and predictable as a law of physics: as government expands, liberty contracts.” Ronald Reagan.

John Liming.Blog

Politics, Opinions And General Discourse

nebraskaenergyobserver

The view from the Anglosphere

Freedom Through Empowerment

Taking ownership of your life brings power to make needed changes. True freedom begins with reliance on God to guide this process and provide what you need.

Necessary and Proper

Returning to common sense in America

bluebird of bitterness

The opinions expressed are those of the author. You go get your own opinions.

Pacific Paratrooper

This WordPress.com site is Pacific War era information

The Isaiah 53:5 Project

Life: the time God gives you to determine how you spend eternity

altruistico

People Healing People

THE RIVER WALK

Daily Thoughts and Meditations as we journey together with our Lord.

The Ancients

Awakening From Adam's Sleep

Silence of Mind

Where God Speaks and Creation Listens

My Daily Musing

With God we will gain the victory, and he will trample our enemies. Psalms 109:13

atimetoshare.me

My Walk, His Way - daily inspiration

Nickel Boy Graphics

Comic Strips (Some Funny, Some Serious)

Rudy u Martinka

What the world needs now in addition to love is wisdom

Truth in Palmyra

By Wally Fry

Kingdom Pastor

Living Freely In God's Kingdom

The Life Project

Finding Clear and Simple Faith

In My Father's House

"...that where I am you may be also." Jn.14:3

cookiecrumbstoliveby

Life through the eyes of "cookie"

The Lions Den

"Blending the colorful issues of life with the unapologetic truth of scripture." ColorStorm

Deo Vindice

The Great Commission, The Great Experiment, Virginia and my musings

%d bloggers like this: