“America Has a Debt Problem and a Failure of Leadership” Said by Obama About the Bush Administration!!!!!! THE POT SURE CALLED THE KETTLE BLACK!!!


Pat Dollard | Young Americans | Blog Archive » Maxed Out: Senate Asked To Raise Debt Ceiling Above 12 Trillion To Adjust To Presidential Spending Sprees:
Yesterday’s News.

“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.”

Today’s News.
“The Senate must move legislation to raise the federal debt limit beyond $12.1 trillion by mid-October, a move viewed as necessary despite protests about the record levels of red ink.

The move will highlight the nation’s record debt, which has been central to Republican attacks against Democratic congressional leaders and President Barack Obama. The year’s deficit is expected to hit a record $1.6 trillion.

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.”

Article continues through link.

Stringing and Strowing says:

Towards the end of above article I pull the following quote, “If we fail to address this in a timely fashion, then you run the risk of having to curtail government operations,” Josten said.

I say! This sounds like the best idea yet. What we NEED is to curtail government operations and we NEED IT NOW. These Congressional commies raised the debt limit several months ago when they passed that ridiculous $787 Billion “Strangle US With Debt Plan. Mark my words, they will raise it again this time too. At least each senator will have to cast his or her vote and will be ON RECORD as being a SPENDTHRIFT. Unlike the budget resolution approved in April, which raised our dept limit to $13 TRILLION, the dems avoided a roll call on the issue and hid behind the Gephart Rule.


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