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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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 …

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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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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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Coward Senate Majority Leader Harry Reid Vows To Kill Republican Debt Plan To Continue Gridlock

Screw You Too Harry! This jackass Democrat, Harry Reid, must be removed from office in the next election, and we will be giving a lot of money to anyone who will try kicking his corrupt ass out of the Senate! Republicans are really the only party who are honestly trying to come up with plans …

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Racist Rep. James Clyburn Urges Obama To Use Executive Order To Raise Debt Ceiling

Racist South Carolina Rep. James Clyburn shows how much he knows about the constitution when he urges Obama to bypass the Congress, to use an Executive Order invoking the 14th Amendment to raise the debt ceiling without approval of Congress. This is the same jackass who said that the problems that the “president’s problems are …

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Whack-Job Democrat Rep. Barbara Lee Is Out Of Touch With Reality

Democrat Rep. Barbara Lee’s attack on Republicans is a feeble attempt to push blame for our current financial situation away from those who actually deserve it, like the Obama administration and Democrats who increased our nation’s debt by $4 Trillion in his first 19 months, which historically is more than all previous Presidents from Washington …

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