Wednesday, October 16, 2013

HURT: No need for lectures from a debt-saddled president

President Barack Obama talks about the the budget and the partial government shutdown, Tuesday, Oct. 8, 2013, in the Brady Press Room of the White House in Washington. The president said he told House Speaker John Boehner he's willing to negotiate with Republicans on their priorities, but not under the threat of "economic chaos."  (AP Photo/Pablo Martinez Monsivais)In the seven years since President Obama voted as a U.S. senator not to raise the federal debt ceiling any higher, he and his government cronies have piled up $7 trillion in crazy new spending that even our grandchildren have little hope of ever paying off.

We citizens signed no document assuming responsibility for this unthinkable spending binge. We never co-signed any trillion-dollar loans.

Yet as reckless and inexcusable as this crowd’s behavior has been, we never missed a payment. We just keep on paying the bills and these people just keep on racking up crazy debt.

Anyone caught failing or refusing to continue paying the bills — no matter how strongly they object to them — has been fined, kicked out of their homes, imprisoned or worse.

Still, Mr. Obama and his government cronies have gone flat broke, yet again, using our credit. And like drug-addled little punks, they have come home — stinking and drunk in the night — and are now pounding on the windows demanding one more loan. They are at the height of their drug-fueled binge and they’ve just got to keep it rolling.

Seven years ago, when then-Sen. Barack Obama objected to raising the debt ceiling, he said that merely bumping up against the debt ceiling was “a sign of leadership failure.”

“It is a sign that the U.S. government can’t 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,” he intoned, senatorially.

Via: Washington Times

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