Posted on 05/23/2009 11:36:29 AM PDT by Welshman007
In a stunning admission to a C-SPAN reporter, Barack Obama stated flatly that the U.S. is 'out of money.' Numerous questions come to the surface in light of this revelation, the 2 most important being, one, is the U.S. now bankrupt?, and two, why did Obama wait for a holiday weekend, when very few would be watching, to unleash such a shocking bombshell?
We are all out of OTHER peoples money
He just figured this out? Most working people ran out of money long ago.
lol...
Let me guess, we need to spend trillions to turn this issue around and make things right....
We’re out of money.
And we’re going to fix it by printing more. :D
0 is good. He has managed to do what no one else has been able to do, bankrupt the richest country in the world. Arnold has nothing on 0.
Again - please post content from your blog into our bloggers forum.
1. Stop printing more money.
2. Stop spending.
3. Cut the number of Federal Government employees by 50%.
Sincerely,
We The People
The spendthrift U.S. Congress has been “out of money” since 1776.
However....
“The conclusion then, is, that neither the representatives of a nation, nor the whole nation itself assembled, can validly engage debts beyond what they may pay in their own time.” —Thomas Jefferson to James Madison, 1789. ME 7:457, Papers 15:398n
http://etext.virginia.edu/jefferson/quotations/jeff1340.htm
Thomas Jefferson on Politics & Government
38. The National Debt
don’t worry they will keep spending money they dont have, a $100 billion here and a $100 billion there. Its easy, just print more
Looking back at history, the problem of an out of control Government started with Woodrow Wilson and the passing of the 16th Amendment. The taking of citizens’ income was the beginning and has been accelerating to this point.
The only way to fix this is to:
1. Cut the size of the Federal work force 25-40%. Keep cutting until the 16th Amendment can be repealed.
2. Eliminate the public service unions
3. Institute term limits for Congress
4. Phase out Social Security, Medicare, and Medicaid.
If Obama really said this in those words, then its newsworthy isn’t it?
Sounds like China cut up the Long legged Mac Daddy’s credit card.
AA hire Obama... is a complete failure.
Next he’ll tell us that he was just reading from a teleprompter, and the speech was written by Joe Biden, who plaguarized it from Rush Limbaugh.
Hey, no big deal. He can just print some more money. < / sarc >
How many times does it have to be posted?
http://www.freerepublic.com/focus/search?m=all;o=time;q=quick;s=out%20of%20money
And this was also posted in Breaking News. There’s a difference between Breaking and reposting info from your blog and calling it Breaking.
I do declare... nothing... I said nothing gets past that boy...
On Memorial Day weekend when no one is around to read about it.
A real hero this President we have.
“The spendthrift U.S. Congress has been ‘out of money’ since 1776.”
A) There was no U.S. Congress (nor any U.S.) in 1776.
B) I believe the budget was balanced (for the last time) in the Jackson administration.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.