Barack Obama’s Opinion on Debt in 2006

On March 20, 2006 the National Debt stood at $8.3 TRILLION BUCKS.

Quote:

“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 U.S. Government can’t 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.”

- Sen. Barack Obama (D-IL), March 20, 2006

Sen. Barack Obama (D-IL) and ALL Democrats voted AGAINST increasing the National Debt.

For those of you that would still consider voting for Obama in the next presidential election, I question your intelligence or shall I say your lack of intelligence. This guy has absolutely no clue what he is doing or even saying half of the time. What changed from the time he was a Senator in 2006 until today when he is president and calling for raising the government’s credit limit again.

Both parties are responsible for this out of control spending and it simply has to stop before we end up like Greece. No person or entity can continue spending 40% more than they take in each and every year without eventually going bankrupt. It is simple logic and anyone with half a brain should understand this.

The problem lies with the career politician. The career politicians do any and every thing in their power so that they will be re-elected each time their term expires. If politicians weren’t so hell bent on being re-elected, they just might stick with their principles and do what is right for the country.

Both Democrats and Republicans bring as much pork back to their constituents as they can so they have a better chance of being re-elected. Therein lies the root of a lot of the government’s wasteful spending.

The Democrats not only bring the pork back like the Republicans do, but they also try to provide as many handouts to the masses as they can, so they will also be re-elected. I would argue that Democrats have no aspirations for the poor and lower middle class to move up the socio-economic ladder. The Democrats main base is made up largely of the free loaders and poor people. The more people that move up the economic ladder, the less they have to rely on the government for their livelihood, thus the less influence the Democrat politicians appear to have over them.

It’s time for the citizen’s to start voting these self serving politicians out of office for good.

~Boo

 

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