Obama on Unsustainable Debt »

Posted By populist 7 months, 2 weeks ago in Political News

“We can’t keep on just borrowing from China,” President Obama declared at a town hall meeting in New Mexico yesterday. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

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  • 91%
    HOUSEMD7 months, 2 weeks ago

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    NO SH8T. then JUST stop. say what you believe and believe and act on what you say.

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  • 89%
    injest7 months, 2 weeks ago

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    “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

    Obama is now officially a “Tea Bagger”

    Must have been practicing Tea Bagging with his best Bud
    Olbermann!

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  • 93%
    injest7 months, 2 weeks ago

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    Obama
    “I have spoken repeatedly of the need to lay a new foundation for lasting prosperity; a foundation that will support good jobs and rising incomes; a foundation for economic growth where we no longer rely on excessive debt and reckless risk - but instead on skilled workers and sound investments to lead the world in the industries of the 21st century.”
    Two pillars of this new foundation are clean energy and health care.

    Does Obama know that pillars rest on top of foundations, not the other way around? If George W. Bush said something like this, we’d never hear the end of it.

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  • 91%
    slate7 months, 2 weeks ago

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    Could Obama now begin to see the error of his path in the debt as he did in releasing those photos?

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    • 90%
      stephen-johnson7 months, 2 weeks ago

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      Obama says one thing and then does the exact opposite, in broad daylight - yet the mainstream media never calls him on it. No doubt Rahm and Company are yucking it up while they pass version 2.0 of the Great Society

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      • 88%
        tadair9197 months, 2 weeks ago

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        "Barack Obama Has Become George Bush"

        That quote above comes from one of the dyed-in-the-wool Barack Obama supporters who rent art studios near mine. I think it is so cool, because this guy, and a couple of other guys I work near, are all starting to see that Barack Obama is doing the same things George Bush did. For a couple of years I have been telling them that Democrats are not much different than Republicans, and that corporations are the ones who really call the shots in America. Their answer was always that Barack Obama would be different.

        read more:
        http://www.james-glaser.com/2009/p20090515.html

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        • 91%
          k9kssr7 months, 2 weeks ago

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          Amazing......the audacity. And he blames the debt on health care? I'm at a total loss to understand how the current deficit is related to health care when we don't even have universal coverage??? I don't get it.

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          • 83%
            nangraf7 months, 2 weeks ago

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            The health care cost is out of control due to all the freebies that drive up the costs. Quit the illegals already. cut off the welfare for irresponsible procreation.Three babies is enough to get by on welfare. folks have figured that out. use some of the mnoey to stop the reproduction. It is not a God given right to procreate and expect the public to pay for it. You made me go on Medicare or be penalized. I would rather have continued on my own insurance. Stupid? yes.

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            • 100%
              Natureboy7 months, 2 weeks ago

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              “We can’t keep on just borrowing from China,” President Obama declared at a town hall meeting in New Mexico yesterday.

              Shortly after having fired up the printing press to generate a free-money give-away to large corporations.

              The guy is more full of crap than an egg is full of egg.

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              • 100%
                Wolfie20077 months, 2 weeks ago

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                FTA
                “We can’t keep on just borrowing from China,” President Obama declared at a town hall meeting in New Mexico yesterday. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

                I think he must have gotten a pay up now dun letter from Peking. lol

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              • 100%
                vader827 months, 2 weeks ago

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                FTA
                "What is driving us into debt is health care, so we have to drive down costs"
                What is driving us into debt is this foolish bailout plan. We have been borrowing money for far too long, but he has cranked it into overdrive! I would lay money that this fool wont get another four years if he can survive the first four without getting impeached.

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                • 100%
                  automan9097 months, 2 weeks ago

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                  When this guy promoted "change" I didn't know that it was always his mind that would be "changing".
                  Between Obama and Biden I don't know which one puts hid foot in his mouth the deepest.
                  I just hope that some day he doesn't push the nuke button and then "change" his mind a few minutes later.
                  Thats what we get with inexperience.
                  We voted in a community organizer, not a president.

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