“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 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…
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.”
- Sen. Barack Obama (D-IL), March 20, 2006
Highlights of Obama's interview with AP 4/16/2011:
Expressed confidence that Congress will vote to raise the limit on the nation's debt but acknowledged that he'll have to agree to additional spending cuts. Said that to "play chicken with this thing" and not raise the ceiling before the U.S. hits its $14.3 trillion limit on borrowing in mid-May could have dire consequences, including another global recession.
4/21/2011
4/01/2011
Wisconsin Labor Protests and International Socialism
Right around 3 minutes in, hilarity commences. These people are so stupid.
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