This is just what President Obama is looking for

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Howard Gap
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This is just what President Obama is looking for

Unread post by Howard Gap »

Treasury Secretary Geithner: Lift Debt Limit to Infinity

Treasury Secretary Timothy Geithner said Friday that Congress should stop placing legal limits on the amount of money the government can borrow and effectively lift the debt limit to infinity.

http://cnsnews.com/news/article/treasur ... t-infinity

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billy.pilgrim
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Re: This is just what President Obama is looking for

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Vrede wrote:It makes sense to me. What's the point of a ceiling that's consistently raised? If Congress wants to stop spending more money it should just stop spending more money.

but then we wouldn't get to watch the teabaggers who spent the money screeching and crying that the fault lies with the people who try to make the actual payments
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Supsalemgr
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Re: This is just what President Obama is looking for

Unread post by Supsalemgr »

INSANITY from the lefty loons, but not surprising. Maybe they should try running their own budgets that way.

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rstrong
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Re: This is just what President Obama is looking for

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Supsalemgr wrote:INSANITY from the lefty loons, but not surprising. Maybe they should try running their own budgets that way.
Yes. Bankers, especially former presidents of the Federal Reserve Banks, are such notorious lefties.

:roll:

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Re: This is just what President Obama is looking for

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Vrede wrote:What is insane/loony about my point, and what is sane about having a ceiling that's perpetually raised, anyhow?
Everything, but you would not comprehend.

Have a nice eveneing.

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Stinger
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Re: This is just what President Obama is looking for

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Supsalemgr wrote:Maybe they should try running their own budgets that way.
Maybe Soupy should try getting his mind around the fact that a $4 trillion government budget is not run like a household budget.

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O Really
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Re: This is just what President Obama is looking for

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Stinger wrote:
Supsalemgr wrote:Maybe they should try running their own budgets that way.
Maybe Soupy should try getting his mind around the fact that a $4 trillion government budget is not run like a household budget.
And even if it were, I don't know very many people who have a legal limit on how much they incur on their credit cards, changeable by a vote of their family members.

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Ragin Rebel
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Re: This is just what President Obama is looking for

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:lolno: :lolno: :lolno: Stupid Libtards. No wonder it has been determined that Liberalism is a mental disorder. It's a known fact that when you're in debt, you can't spend your way out of debt by not paying your bills. And with Monkey Boy and his criminal band in charge, with the printing presses running 24/7, it ain't gonna happen. Just like world affairs, job creation, leading the military, Monkey Boy is as much of a failure on the economy as he is in anything else he's ever been involved with. Right now with the help of the media cover ups, our economy is worse than the Monkey Boy Regime had announced while campaigning, food stamp usage is up more than was reported. This nation is weaker now economically, militarily and more divided than anytime since the War of Northern Aggression. You've got your Chimp, now be prpared for the fall that he will bring.
" I will stand with the Muslim's should the political winds shift in an ugly direction." ------Barack Hussein Obama

The shift occurred September 11, 2001 and he kept his word on that one.
It was evident again on September 11, 2012.

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mike
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Re: This is just what President Obama is looking for

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Ragin Rebel wrote: ... It's a known fact that when you're in debt, you can't spend your way out of debt by not paying your bills ...
You confuse and conflate "business" with government.

Government is not a "business."

BTW, there are many instances wherein private companies borrowed their way to success and spent their way out of debt.

Just ask many small business owners.
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Ragin Rebel
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Re: This is just what President Obama is looking for

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mike wrote:
Ragin Rebel wrote: ... It's a known fact that when you're in debt, you can't spend your way out of debt by not paying your bills ...
You confuse and conflate "business" with government.

Government is not a "business."

BTW, there are many instances wherein private companies borrowed their way to success and spent their way out of debt.

Just ask many small business owners.

I am a small business owner. It (massive spending and debt) don't work. Government IS A Business, responsible to the taxpayers (shareholders) that our representatives work for.
" I will stand with the Muslim's should the political winds shift in an ugly direction." ------Barack Hussein Obama

The shift occurred September 11, 2001 and he kept his word on that one.
It was evident again on September 11, 2012.

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mike
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Re: This is just what President Obama is looking for

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Ragin Rebel wrote: ...Government IS A Business, responsible to the taxpayers (shareholders) that our representatives work for.
No, Government is not a "business."

The fact you think so is hurting your business.

You are waiting for government to act like a "business."

That's not the job of the government. Never has been.

Do your part.

I am a small business owner as well. I run it like a business, not like the government. nor should I, and commensurately, government should not be run like a business.

As I mentioned, that is not its function (to be a business).
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Supsalemgr
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Re: This is just what President Obama is looking for

Unread post by Supsalemgr »

The libs figure if you can print all the money you wish there are no potential problems. To hell with the "folks" who pay the consequences for their excesses.

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Stinger
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Re: This is just what President Obama is looking for

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O Really wrote:
Stinger wrote:
Supsalemgr wrote:Maybe they should try running their own budgets that way.
Maybe Soupy should try getting his mind around the fact that a $4 trillion government budget is not run like a household budget.
And even if it were, I don't know very many people who have a legal limit on how much they incur on their credit cards, changeable by a vote of their family members.
Taking that analogy further, how many families would be living in tents because they were forbidden by law to incur debt to purchase a house?

Further, how many families, having incurred debt by mortgaging a house, would simply refuse to incur more debt to repair the house when struck by disaster -- e.g. an earthquake damaging the structure.

I'm guessing most families would incur more debt to repair their damaged house.

Stupy Sales apparently would not.

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Stinger
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Re: This is just what President Obama is looking for

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Supsalemgr wrote:The libs figure if you can print all the money you wish there are no potential problems. To hell with the "folks" who pay the consequences for their excesses.
Actually, the libs are more pay-as-you-go. Remember your "tax and spend" label. It's the Pubs who are the "borrow and spend" crowd.

No one figures that if you can print all the money you wish, there are no potential problems. That's just stupid.

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Colonel Taylor
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Re: This is just what President Obama is looking for

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The Obama way today, but not yesterday when it was unpatriotic and irresponsible oh never mind can't keep up with his flip flopping. Oh I forgot for the libs it just Stretching the Truth. You libs are so darned entertaining!

Supsalemgr
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Re: This is just what President Obama is looking for

Unread post by Supsalemgr »

Stinger wrote:
O Really wrote:
Stinger wrote:
Supsalemgr wrote:Maybe they should try running their own budgets that way.
Maybe Soupy should try getting his mind around the fact that a $4 trillion government budget is not run like a household budget.
And even if it were, I don't know very many people who have a legal limit on how much they incur on their credit cards, changeable by a vote of their family members.
Taking that analogy further, how many families would be living in tents because they were forbidden by law to incur debt to purchase a house?

Further, how many families, having incurred debt by mortgaging a house, would simply refuse to incur more debt to repair the house when struck by disaster -- e.g. an earthquake damaging the structure.

I'm guessing most families would incur more debt to repair their damaged house.

Stupy Sales apparently would not.
Once again Stinger's imagination exceeds reality. Where did I post buying a home through the mortgage process is wrong? If one can service debt then borrowing is fine. It is when a person or government borrows past the point they can service the debt is where the problem is. BTW, printing money is not a good way to service debt.

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billy.pilgrim
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Re: This is just what President Obama is looking for

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Supsalemgr wrote:The libs figure if you can print all the money you wish there are no potential problems. To hell with the "folks" who pay the consequences for their excesses.
when did printing money become a lib thing? just another ignorant history re-write from the right

for 28 of the past 32 years, you cons have been pushing debt onto our children and grand children like it was some huge new found profit center. after 8 years of runnie reagan (and 1,000 years of middle age feudalism) it is painfully obvious the tinkle down economics does not work for any but those at the top - it destroys the middle class and with them it destroys progress, but now, all of a sudden, you start your moaning about debt.

it's like you have no memories of what you said during the cheney and reagan years
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Colonel Taylor
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Re: This is just what President Obama is looking for

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Typical said/posted by a lib but when called out on it attack the messenger. Funny as Heck man. :lol: :lol:
Vrede wrote:
Colonel Taylor wrote:...Oh I forgot for the libs it just Stretching the Truth. You libs are so darned entertaining!
It's darned entertaining how you repeat the same stupid over and over and over again, and how you always think that maybe this time it won't be thrown in your face.
Vrede wrote:
Colonel Taylor wrote:
Vrede wrote:The full quote:
Yep, one lib not "the libs", and "Colonel Taylor" deceptively edited it to change the actual meaning. But, maybe he was just stretching the truth. :roll:
It doesn't change a thing either way he said Obama certainly stretches the truth and spins. Same meaning. What's wrong have to run and protect another lefty who can only lie. Two peas in a pod Liar one and Liar 2.
Still lying. You said "the libs" when it was only one, and you said "just stretch the truth" when Stinger clearly admitted that Obama lies, too.

It's hilarious that you're posting about this when you just got caught in 2 lies. Saying that I've lied about anything makes it 3. Please keep it up.

http://blueridgedebate.com/phpBB3/viewt ... ruth#p9214

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Colonel Taylor
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Re: This is just what President Obama is looking for

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Vrede wrote:
Colonel Taylor wrote:Typical said/posted by a lib but when called out on it attack the messenger. Funny as Heck man. :lol: :lol:
The "messenger" lied about how many libs said it, chose not to link it, and deceptively edited it so the full meaning was changed, then lied about what I posted. Funny as Heck that he keeps giving me the opportunity to point this out.
This is as bad as posting video's of Obama and the libs denying what he says. :lol: :lol: :lol: :lol: :lol: :lol: First he said it but then didn't mean it at first but does now. Well maybe you're just stretching the truth! :lol: :lol: :lol:

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Bungalow Bill
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Re: This is just what President Obama is looking for

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Who cares what the nutjobs say anymore? There is no substitute for victory. :---P

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