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Topic: Obama’s Now Borrowed More Than All Presidents from Washington to W |
Obama’s Now Borrowed More Than All Presidents from Washington to W
Cybercast News Service, by Terence P. Jeffrey
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Original Article
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Posted By:JoniTx, 12/1/2012 10:09:37 AM
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| The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President George W. Bush. At the close of business on Jan. 20, 2009, when President Barack Obama was inaugurated, the national debt stood at $10,626,877,048,913.08, according to the Treasury. At the close of business this Thursday, it stood at $16,323,083,449,604.98. That means the debt has increased $5,696,206,400,691.90 during Obama’s presidency.
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Reply 1 - Posted by:
MattO, 12/1/2012 10:23:46 AM (No. 9042883)
If all his mentors wanted to defeat/destroy the USA, maybe that is his objective. Cliff= massive military cuts (flexibility after the election...US in weakened position in Middle East/ Muslim Bro´hood takes over. Eliminate debt ceiling....collapse capitalist society. Is it just me or are they trying to bring Chaos?
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Reply 2 - Posted by:
saraguay, 12/1/2012 10:41:57 AM (No. 9042925)
yawn…who cares? where´s my free phone, what´s on american idol, is my student load forgiven? unless and until these headlines are on the alphabet networks, the comedy "news" shows and tabloids in the supermarkets, AND how it will affect people in their pocketbooks, not one person other than the minority (conservatives, libertarians and some republicans) gives a damn.
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Reply 3 - Posted by:
Not your typical New Yorker, 12/1/2012 10:42:08 AM (No. 9042926)
And the crowd yelled MOOOOORE!!!...say goodnight Gracie.
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Reply 4 - Posted by:
steveW, 12/1/2012 10:43:23 AM (No. 9042932)
Plan.
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Reply 5 - Posted by:
paulfromTexas, 12/1/2012 10:46:10 AM (No. 9042940)
It bespeaks the facile and shallow nature of the society which elected him and allows his commie buddies, convict friends and union thugs pals to hold offices for which they have no credentials except corruption. He himself has no credentials, no law license, no history, a dead French expat´s Social Ssecurity number from a state in which he has never resided,is fiscally illiterate, and as they used to say in Texas, "Beholdin´ to them what brung him.", who, I imagine we as adults can discern for ourselves. It results from years of Education Dept methodolgy,teaching our children to feel good about themselves and to hate industry....much like kids rocking back and forth at the madrassa...."memorize it, don´t think.". We were warned over and over and kept sending the same corrupt people back to ´govern´ us.
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Reply 6 - Posted by:
uno, 12/1/2012 10:49:40 AM (No. 9042948)
The Obamboozler hasn´t borrowed a nickel. If anybody thinks it´s going to get paid back yer stupid! This is nothing more than legalized looting that is going to end very badly.
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Reply 7 - Posted by:
Wetlandz, 12/1/2012 10:57:39 AM (No. 9042961)
We do not control the message at all. The state run media immediately marginalizes, ostracizes and maligns anyone who dares speak to this destruction.
If we go over the cliff would anyone notice?
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Reply 8 - Posted by:
PChristopher, 12/1/2012 10:57:44 AM (No. 9042962)
He incurred the debt, let him and pork butt pay it off themselves.
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Reply 9 - Posted by:
mws50, 12/1/2012 11:08:26 AM (No. 9042984)
To really scare you, add the debt borrowed since January 2007, when obama became a member of Congress.
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Reply 10 - Posted by:
Kansas Conservative, 12/1/2012 1:06:04 PM (No. 9043132)
IT is time to crash the system. I can´t wait for when the moochers go at the first of the month to swipe their EBT cards to get more free food and the cards don´t work. Look for looting next (that is all these miserable moochers/Democrats are good for) and then look for them to take over a bus and come to your neighborhood to take your food, rape your wife, kill your children, and take everything you have worked hard to own. What are you going to do about it? It is coming soon. Prepare. Arm yourself. Buy every single bit of ammo you can afford now. Stock up. Get ready for the Great Rumble. Demography is destiny.
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Reply 11 - Posted by:
Stopstoreload, 12/1/2012 1:43:50 PM (No. 9043174)
How does he feel about that fact? Where does he want it to lead? Inquiring minds want to know.
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Reply 12 - Posted by:
lylacat, 12/1/2012 2:18:10 PM (No. 9043213)
0bama does not care how much he spends. Look for him to extend our Debt Limit to Infinity ... all by Executive Order. After all, He Won.
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Below, you will find ...
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WASHINGTON— The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he was still commissioner. Douglas Shulman, who vacated his position last November when his five-year term expired, told the Senate Finance Committee he didn´t learn all the facts until he read last week´s report by a Treasury inspector general confirming the targeting strategy. In his first public remarks since the story broke, Shulman said: "I agree this is
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