Obama The Hypocrite: I Won't Play Debt Ceiling Chicken

Dec. 5 (Bloomberg) -- President Obama discusses keeping debt ceiling negotiations separate from budget talks, in an address to the Business Roundtable.

Busted.  The Deficit President speaks.

But in 2006, Senator Obama argued and voted against raising the debt ceiling.

• "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.  It is a sign that the US Government can not pay its own bills.  It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.  Increasing America’s debt weakens us domestically and internationally.  Leadership means that the buck stops here.  Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.   America has a debt problem and a failure of leadership. Americans deserve better."

Senator Barack Obama, March 2006

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Senator Obama on the national debt in 2007:

This is a must watch.

Comments

[Daily Bail]

Obama Regrets 2006 Vote Against Raising Debt Ceiling

http://dailybail.com/home/obama-regrets-2006-vote-against-raising-debt-ceiling.html

[Daily Bail]

Chris Whalen: "Geithner Is Wrong! There Is No Downside To Not Raising The Debt Ceiling"

http://dailybail.com/home/chris-whalen-geithner-is-wrong-there-is-no-downside-to-not-r.html

[Daily Bail]

Learn To Love A U.S. Debt Default: It Could Be The BEST Thing That Ever Happened To This Country (Chris Whalen Saw It Happening Back In 1992)

http://dailybail.com/home/learn-to-love-a-us-debt-default-it-could-be-the-best-thing-t.html

[Daily Bail]

National Debt Is Growing $3 Million Per Minute, Has Increased $4.2 Trillion In Obama's First 945 Days

http://dailybail.com/home/national-debt-is-growing-3-million-per-minute-has-increased.html

[LadyLiberty]

We won't default the politicians won't cut off their power and spending willingly all that will happen is YOU the average Joe will pay more and more in taxes! You will be eating cat food while the people who get food stamps and of course the wealthy elite will all eat better then you.

see

http://dailybail.com/home/4t-is-a-joke-itll-take-9-trillion-in-cuts-to-fix-us-debt.html

and

It Is Impossible For The US To Default

http://www.forbes.com/sites/johntharvey/2012/09/10/impossible-to-default/