Well again I would like to take the opportunity to say thank you to all of those brain dead morons who thought it would be a terrific idea to re-elect Barry "Almighty." And now "Dingy Harry" Reid has said on the day after that if the $16.394 current legal limit on the federal government's debt must be raised in the next few months by another $2.4 trillion, "We’ll raise it." That would set the debt limit at a truly unbelievable amount of $18.794 Trillion. Who in their right mind, other than those who voted to keep the crazy train going, thinks that this is a good idea?
This little announcement of 'Dingy's' came during a press conference the purpose of which, I guess, was to reflect, or gloat, on Tuesday’s disastrous election results. It was then that our less than stellar Senate Leader was asked about the possibility of the U.S. again meeting its borrowing limit just over a year after increasing it by more than $2 Trillion. Is that not incomprehensible? This buffoon was asked, "Senator Reid, the Treasury Department said last week that we will hit the debt ceiling again near the end of the year. Are you prepared—will you support—"
"Dingy" responded by saying, "I don’t think the debt ceiling will come after the first of the year." Adding, "But please everyone accept this: They tried it before—they, the Republicans." He droned on saying, "They tried it before – ‘We’re going to shut down the government, and we’re not going to raise the debt ceiling.’" Going on to make a thinly veiled threat, "If they want to go through that again, fine." "Dingy" said, "But we’re not going to be held subject to something that was done as a matter of fact in all previous administrations.'" Ok, but there has never been spending like this, NEVER!
On Aug. 2, 2011, Congress and Barry "Almighty" came to a deal to raise the debt ceiling by $2.4 trillion. And now here we are after only 15 months, with almost all of that additional borrowing authority having already been exhausted, that according to the U.S. Treasury Department. It was recently reported that Treasury quietly, that would be because it was before the election, announced a week ago that it expects the federal government to hit its legal debt limit before the end of this year. So here we are again, on the verge of tapping the piggybanks of our great grand children.
"Treasury continues to expect the debt limit to be reached near the end of 2012," said the 10th paragraph of the "Quarterly Refunding Statement" put out by Assistant Secretary of the Treasury for Financial Markets Matthew Rutherford. "However, Treasury has the authority to take certain extraordinary measures to give Congress more time to act to ensure we are able to meet the legal obligations of the United States of America," the statement said. Are we ever going to reach the amount that has even Democrats saying whoa, maybe we've gone a bit too far? Honestly, I doubt it.
This is nothing short of madness. The Democrats are intentionally trying to engineer a complete economic and financial collapse and the voters seem to be ok with that because they chose to make it possible for 'Dingy' to remain in charge. Ah yes, stupidity reigns supreme here in the good old U S of A. And try as I might to figure out what on God's green Earth would make rational people vote for these Democrats, I can come up with nothing. That only leaves one explanation. Apparently these pathetic losers are only too happy to give their vote to whomever it is that promises them the most goodies.
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