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BO Piling On New Debt At Rate Of “1$ MILLION a MINUTE”

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Senator Rand Paul issues a just published warning to Americans that while Barack Obama and certain Republican leaders play politics of mutual destruction, every man, woman, and child in this country are being pushed down into economic oblivion by a massive and ever increasing debt that has exploded during the Obama years. It is an article both articulate, and more importantly, HONEST – a trait increasingly rare in the murky world of D.C. politics…

(This week the American debt rocketed past $17 TRILLION dollars – and Barack Obama wants to spend MORE)

_____________________________________________________

PAUL: Another shutdown stickup

The GOP fails to block the heist

During the shutdown, 85 percent of government stayed open despite the hoopla reported in the media. Government is now 100 percent open. Debt-ceiling deadlines have been averted, but the real problem remains: a $17 trillion debt and a president who continues to pile on new debt at a rate of $1 million a minute.

The government shutdown occurred because Senate Majority Leader Harry Reid allows the Senate to lurch from deadline to deadline without passing a single appropriations bill. Had he done his job and passed each of the 12 appropriations bills, the government could have stayed open.

There was never any reason to shut down government. If both sides were willing to compromise, we could have found amicable solutions to these severe problems. But let the record state clearly, no significant spending restraint was accomplished because President Obama steadfastly refused to negotiate. Let us also remember his promise that he will negotiate as long as the compromises are outside of any budgetary deadlines.

We’ve heard this before, and I, for one, am skeptical.

When Mr. Obama, then a senator, opposed raising the debt ceiling in 2006, it was $8 trillion. Today, it has more than doubled to $17 trillion. If we are to survive this breakneck spending that has become the norm in Washington, it must be stopped and reversed. Many polls showed that Americans were fed up with both parties over the shutdown. A Bloomberg poll showed that 61 percent — 6 in 10 Americans — think that spending cuts should be tied to raising the debt ceiling. A Rasmussen survey and Fox News poll found similar results.

continue article at The Ulsterman Report:

http://theulstermanreport.com/2013/10/20/barack-obama-piling-on-new-debt-at-rate-of-1-million-a-minute/



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    • Banderman

      What is wrong with American voters? In 2001, osama bin laden stated and promised he was going to bring down “the United States America, using financial mechanisms, from the inside.”

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