Archive of posts tagged out-of-control spending

Moody’s: Obama and Democrats Are Liars – Debt Ceiling Can’t Cause Default on Loans Unless Obama Causes It

We say: Leave the government shutdown, and DO NOT raise the debt ceiling, giving Obama and the Democrats more license to continue their out-of-control spending, that has added $10 trillion to our nation’s debt since Obama took office.

We need to take away Obama’s blank checks, which he just used to line the pockets of Administration friends and supporters with $ billions of our money.

One of the nation’s top credit-rating agencies says that the U.S. Treasury Department is likely to continue paying interest on the government’s debt even if Congress fails to lift the limit on borrowing next week, preserving the nation’s sterling AAA credit rating.

In a memo being circulated on Capitol Hill Wednesday, Moody’s Investors Service offers “answers to frequently asked questions” about the government shutdown, now in its second week, and the federal debt limit. President Obama has said that, unless Congress acts to raise the $16.7 trillion limit by next Thursday, the nation will be at risk of default.

Not so, Moody’s says in the memo dated Oct. 7.

” We believe the government would

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Michelle Obama Spent $10 Million on Vacations… In One Year!

Michelle Obama is trying to out-spend her husband, and is doing a good job at trying to waste as much of our hard-earned money as humanly possible.

Ne reports indicate that Michelle Obama has spent $10 million, in one year, on five-star hotels, expensive massages, and top-shelf alcohol.

The magazine also reported that Mrs Obama, whose fashion choices are widely followed, had been going on ‘wild shopping sprees’, much to the distress of her husband, who, its sources reveal, is ‘absolutely furious’ at his wife’s ‘out-of-control spending’.

Imagine that… Obama is upset about Michelle’s ‘out-of-control spending’… but doesn’t seem to be worried about his own ‘out-of-control spending’..

‘The vacations are totally Michelle’s idea. She’s like a junkie. She can’t schedule enough getaways, and she lives from one to the next – all the while sticking it to hardworking Americans.’

The Obamas’ summer break in Martha’s Vineyard has already been branded a PR disaster after the couple arrived four hours apart on separate government jets.

But according to new reports, this is the least of their extravagances.

White House sources today

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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 to deal with Obama’s out-of-control spending binge. The Republicans have passed one bill in the House, and will most likely pass another bill tonight. The corrupt jackass Senate Majority Leader Harry Reid has promised that the Democrats will kill the bill though, so all of the work and time spent will be for nothing.

Looks like it may be true that the Obama and the Democrats actually WANT our nation to default on our debt so that they can remake it into their ideal socialist nation.

House Republicans are just wasting their time debating Speaker John Boehner’s debt reduction bill, Senate Majority Leader Harry Reid said today.

“Boehner’s bill dies tonight,” Reid communications director Adam Jentleson wrote on Twitter. “Forever.”

The House of Representatives is

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