Posts tagged as:

Debt Ceiling

The Government Reopens, the People Continue to Lose

October 17, 2013

After nearly 17 days, the latest government shutdown has come to an end.  The federal government has enough cash to spend our kid’s and grandkid’s money until January 15, when another apocalyptic, world-ending crisis will inevitably take place to push us to the brink — a brink which will take place on or around February [...]

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Obama on Debt Limit… in 2006!

January 15, 2013

After listening to pieces of Obama’s press conference yesterday on the debt ceiling, I couldn’t help but add this statement by then Senator Obama in 2006 to the echo chamber: 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 [...]

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Sessions’ Debt Ceiling Solution: Pass a Budget!

January 8, 2013

In a startling move, Republican Senator Jeff Sessions suggested that the people ought to know how their trillions of dollars are being spent if we are to raise the nation’s credit card limit.  So, on the 1,350th day without a budget being passed by the Senate, Sessions suggested that Reid pass a budget, then talks [...]

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Obama Wants His $1.2 Trillion

January 12, 2012

The frustrating debt-ceiling debacle of last summer yielded two predictable outcomes:  we got little-to-none of the promised spending cuts and Obama got a free hand until after the 2012 Election to ask for a cold $1.2 trillion for raising the debt ceiling. In no way is this a victory for the American people.  Politically, though, [...]

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Axis of Right Radio, Show #13, July 21, 2011

July 21, 2011

Episode #13 of Axis of Right Radio is now available. In this unlucky episode #13 (in which much of the podcast made the cutting room floor), Axis of Right takes a look at the ongoing debt ceiling debate, and then has a roundtable of various topics ranging from Derek Jeter’s 3000th career hit to how [...]

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A Line In the Sand

July 18, 2011

The GOP is showing signs of caving into the Obama Administration, or even worse, passing the buck and giving full debt limit authority to the President.  What is at stake here is not the matter of default (which is a myth – we’ve reached the debt ceiling four times before, where it remained for several [...]

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Obama Scolds Congress on Debt Talks

June 29, 2011

Obama gave an afternoon news conference addressing the debt talks.  It was so obnoxious and cynical you don’t want to seriously believe a President actually made it.  It was a display of class warfare very few see outside of a college campus.  Kids or corporate jets?  Really?  Yup, he went there — many times too! [...]

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Obama Regrets Vote to Limit the Debt

April 11, 2011

Here’s another example of the Washington double standard:  contrast Senator Obama’s 2006 vote against raising the debt limit taken with his regrets expressed today now that as President he is on the verge of needing that debt limit to be raised in the near future. I didn’t think the “Blessed One” made mistakes, but I [...]

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New Debt Limit – $14.3 Trillion

January 28, 2010

The Debt Limit has been raised by Congress to $14.3 trillion dollars.  The Senate voted to raise it $1.9 Trillion on a strictly partisan basis, 60-40 (no wonder they delayed the swearing in of Scott Brown).  The amount that they are raising it is unprecedented in our nation’s history.  Some perspective: In 2001 when Bush [...]

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