Friday, January 7, 2011

Obama and the Tax Ceiling

One wistful commentator on the question of raising the debt ceiling stated rather forcefull that the Republicans were holding the American people hostage, another implied that as a result of opposing the increase in the debt ceiling Republicans were yet again messing up the government.

Not too long ago, back when he had just been elected a US Senator - Obama was opposed to hiking the ceiling, noting: “The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. 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. I therefore intend to oppose the effort to increase America's debt limit.”










 
 
 
 
 
 
 
 
democrats and debts

Make Mine Freedom - 1948


American Form of Government

Who's on First? Certainly isn't the Euro.