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To: xzins

We hit the spending “limit” over 6 weeks ago

Geithner used federla law to raid federal/military retirement savings fund (TSP- contributory 401K-type) for over $200 billion since June to keep spending

Thus our debt is not at the $14.3 trillion ceiling, but is now over $14.5 trillion

Timmy promised the federal/military workers he’d just put the cookies back in the cookie jar (with interest) when he got his debt ceiling increase

Now, who knows. “By Law” is meaningless with this bunch


24 posted on 07/29/2011 6:56:56 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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Maybe he's going to tell Americans that he's decided to raise the debt ceiling all by himself?

Imagine that.
Someone continuing to borrow money in your name (without your permission) that you have to repay.

Oh that's right! The people on the hill and their buddies have been doing that all along.
Guess obama will just be dropping all the middle men (and women).
29 posted on 07/29/2011 7:10:19 AM PDT by novemberslady
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