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 GDP of $14.53 trillion, showing that the Obama administration has no useful ideas, no experience, and no clue how to run a Capitalistic Democracy.

US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.

Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.

The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

Public debt subject to the official debt limit



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Pennsylvanian Poor Get Free Cell Phone And 250 Minutes A Month – Joe Public Gets The Bill

Free cell phones and 250 minutes a month, just because someone don’t have the extra money to pay for it themselves??

This is pretty unbelievable! Why is a free cell phone a necessity service for the poor?
Gary Carter, manager of national partnerships for Assurance thinks that “it is a right to have peace of mind” that a cell phone provides. In reality, many of these free cell phones can and will most likely be used in illegal activities, like drug deals and other serious crimes.

I lived 25 years of my life before I had a cell phone, when I was pretty poor as well, so I know it is not a necessity that they should get for free.

This federal government program and Gary Carter are both completely ridiculous! (undoubtedly started by a Democrat)

Pennsylvanians on public assistance now have a new ‘civil right’ — free cell phones. Meanwhile, the rest of us get to pay higher cell bills as a result.

Recently, a federal government program called the Universal Service Fund came to the Keystone State



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Disgraced Democrat Rep. David Wu Still Hasn’t Resigned After Sex Scandal

Disgraced Democrat Rep. David Wu said that he would resign after casting his vote for the debt ceiling increase, but still hasn’t resigned after being caught in a sex scandal where he has been accused of having an “unwanted sexual encounter” with a teenager. Reports have also come out about another incident in 1976 where Wu was accused of attempted rape by a former girlfriend while attending Stanford University.

Once again, Democrat House Minority Leader, Nancy Pelosi has completely failed to clean up the unbelievable corruption running wild in her Democrat ranks, as she said that she would do. All she has really been doing is adding cover and excuses for the criminals around her.

Don’t worry, you didn’t blink and miss it. Rep. David Wu, D-Ore., is still a congressman. The embattled Democrat announced last week he would resign following a damaging report that he had an “unwanted sexual encounter” with the teenage daughter of a campaign donor. But Wu said he would only officially leave after a compromise was reached to raise the debt ceiling. On Monday, Wu



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Debt Ceiling Sham Will Not Help Debt Or Stop Obama’s Over-Spending Binge

The more details that come out about the debt ceiling deal struck between the Republicans and Democrats, the more it seems that the deal will not help our nation’s debt problem, or stop Obama’s rampant over-spending binge. In fact, it will most likely make things much worse.

“The Congressional Budget Office currently projects that $9.5 trillion in new debt will have to be issued over the next 10 years. Even if all of the reductions proposed in the deal were to come to pass, which is highly unlikely, that would still leave $7.1 trillion in new debt accumulation by 2021. Our problems have not been solved by a long shot.”

We need to take away Obama’s Blank Check, and in order to save The United States, work to remove as much of the corruption from Washington in 2012! THE CLEAN-UP STARTS WITH OBAMA!

By supposedly compromising to raise the debt ceiling, Congress and the President have now paved the way for ever higher levels of federal spending. Although, the nation was spared the trauma of borrowing restrictions, the actual risk



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Health and Human Services Secretary Kathleen Sebelius: Free Birth Control Pills, Breast Pumps, Physicals, Screenings, Counseling For All

Hell, we’ll also help everyone clean up their unintended pregnancies!!

Obama, his Health and Human Services Secretary Kathleen Sebelius, and the the Democrats just don’t get it, and they need to be removed from office ASAP!!!

The American People should NOT be held responsible for paying for other people’s reproductive choices! We should not be on the hook to pay for other people’s unintended pregnancies, birth control pills, breast pumps, physicals, screenings, counseling, or anything else!

We should fight this, and all other socialistic entitlement programs that the Democrats are trying to get the American People hooked on.

Health insurance plans must cover birth control as preventive care for women, with no copays, the Obama administration said Monday in a decision with far-reaching implications for health care as well as social mores.

The requirement is part of a broad expansion of coverage for women’s preventive care under President Barack Obama’s health care law. Also to be covered without copays are breast pumps for nursing mothers, an annual “well-woman” physical, screening for the virus that causes cervical cancer and for diabetes



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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 Biden in the same unhinged, partisan jackass column as the rest of the Democrat Culture of Corruption.

Jackass Biden said that the Tea Party Republicans “have acted like terrorists”, when, if ANYONE has acted like a terrorist, it is Obama and the Democrats. Democrats caused every bit of the problems we are currently facing, and actually WANT our nation’s economy to crumble, and they have done everything in their power to make it happen.

Anyone who lies over and over to the American People, throws the Trillions of our dollars down the toilet, socializes large portions of the U.S. economy, and crashes the rest in a ball of flames, and then wants to spend more of our hard-earned money, with no idea how to fix …

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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 the largest in the history of our country, and this new increase beats his old record by around $500 Billion.

So in two years, Obama has raised our debt ceiling $4.2 Trillion!!!!??? It makes sense, now that have to start paying for Obama’s out-of-control over-spending, which caused our financial mess in the first place.

Lets all work hard to get this out of control socialist idiot out of office as soon as possible!!!

The bill to increase the federal debt limit that has been put before Congress today would increase that limit by up to $2.4 trillion, which would be the largest increase in the debt limit in U.S. history by a margin of half a trillion dollars, according to records published by the Government



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Shared Sacrifice: Biden Charges Secret Service $2,200 Per Month In Rent

Obama’s Vice President, Joe Biden, is charging the Secret Service $2,200 per month in rent, so that they may protect his life while at his home in Wilmington, Del.

It’s really funny that Obama, Biden, and the Democrats want to talk about “shared sacrifice” when Biden, a multi-millionaire, charges rent to the very people who protect him, which comes out of our (the citizen’s) pockets, and many of the rest in the Democrat Culture of Corruption are tax evaders, who do not even pay their own taxes, yet they want ALL OF US to share the burden of paying for Obama’s out-of-control, over-spending binge.

How exactly are Obama and Biden sharing in the “shared sacrifice” they all like to talk about? Why does Joe Biden need that $2,200 per month anyway? He doesn’t.. He just wants to rake in as much cash as he can before being booted out of office in 2012, and will end up collecting an extra $66,000 by the time the contract expires in 2013.

The U.S. Secret Service does more than protect Vice President Joseph



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