Treasury: U.S. Borrowing Over 100% of GDP After Debt Ceiling Increase

The debt ceiling increase has helped raise our borrowing over 100% of GDP for the first time since 1947! “The last time US debt topped the size of its annual economy was in 1947 just after World War II. By 1981 it had fallen to 32.5 percent.” We are now borrowing $14.58 trillion, with a …

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Inept, Gaffe Master, Joe Biden Calls Tea Party Patriots “Terrorists”!!

Up until a few weeks ago, I always thought that Joe Biden was a pretty honest Democrat in a sea of corrupt, un-trustworthy, socialist, jackasses, who want nothing less than to run our nation and it’s economy straight into the ground. But after Biden’s last “terrorist” remark, aimed at Tea Party Patriots, I now put …

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Obama Reponsible For 2 Largest Debt Ceiling Increases In U.S. History

I didn’t realize that before Obama got shoved into office, the largest debt increase was done by President Bush on March 27, 2003, and Bush only raised the debt ceiling by $984 billion. The two largest debt ceiling increases have come from the Obama administration, in back-to-back years. Obama’s debt ceiling increase last year was …

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Summary Of Tentative Debt Ceiling Deal Reached Between GOP And Obama

This is a summary of the debt ceiling deal that the Republicans and Democrats came to an agreement on, which many say, will only moderately help our debt problem, and may allow Obama and the Democrats to jack up people’s taxes in the process. Many in the media will attribute some of the details of …

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Debt Ceiling Plans: Republicans 3, Democrats 0

The House of Representatives has passed their second of three debt ceiling / debt reduction bills, while Obama and the Democrats sit on the sidelines, with no plan of their own, criticizing Republicans for the hard work that they have had to undertake, with no help from the so-called Democrat “leadership” at all. I’m convinced …

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Democrat Senator Harry Reid: Tea Party Patriots Are “Extremists”

Jackass Democrat Senate Majority Leader Harry Reid (D-Nev.) has insulted a huge chunk of America by using the term “Extremists” to describe the multi-cultural, bipartisan Tea Party, whose widely-shared beliefs reach into every race and class of American society. We hope that voters finally come to their senses and finally remove this piece of crap …

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Just The Beginning: Obamacare Taxes Forces Move of 1400 Jobs To China

Thanks to the taxes that Obamacare places on medical devices, Boston Scientific Corp. has decided to lay off close to 1500 people here in the United States, and move those jobs to China, where they will not be subjected to the over-reaching and overbearing regulations placed on them by the Obama administration. Many people, including …

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Obstructionist Democrats Have No Plan & Want Crisis To Continue Until Default

Obama and the Democrats have no viable debt ceiling plan of their own, and will not allow any Republican plans to make it passed the Senate, so no matter what plan the Republicans come up with, it will never even make it to Obama’s desk. Not only will the Democrats not vote to pass any …

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