Posts Tagged ‘debt limit’
Raising the debt limit (funny video)
Funny video from Debt Limit USA. It would be funny, if it weren’t so true.
A failure of leadership
Here’s an interesting quote. FAB agrees with all of it except the last sentence. Contrary to this person’s lament, we actually deserve the politicians we get.
“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 H. Obama, March 20, 2006