Tag Archives: raising debt ceiling

Words come back to haunt you

Cook up a big pot of crow stew.

I heard democrat Chris Van Hollen going on about some CBO projections that seem to indicate that a repeal of Obamacare would increase the deficit.  Right.  The CBO is a prime example of “garbage in, garbage out.”  And aren’t we impressed with all that democrat bi-partisanship.  They have done nothing but squawk and complain for the entire few days congress has been in session.

Projecting the 2010 election results, Mr. Van Hollen told David Gregory on the little watched Meet the Press around about July of 2010:

“I know these guys are popping the champagne bottles already over there, but the fact of the matter is the Democrats will retain a majority in the House,” Van Hollen said.

 

July of 2010

So Mr. Van Hollen does not know what he is talking about, he just talks.

Republican Pete Sessions said on the same program he thought the republicans would gain maybe 40 seats.  Republican John Conyn said he did not know, which was a pretty good answer because none of them knew.They get on tv and they talk and they talk and they are just guessing, just like the CBO is just guessing.  We all know they can come up  with most anything, depending on the information they are given.  Just as we also know that adding a massive new entitlement program like Obamacare is not going to save money, but will cost massive amounts.

I caught a few minutes of a hearing held yesterday on the bill to repeal Obamacare, and some democrat was on there explaining how it is going to save money, something about free physical exams and research.  I recognized one of the newly elected members, Tim Scott from South Carolina who was telling him he was not buying it.  I don’t buy it either (and I’m writing Mr. Scott today to tell him he is doing a great job).  I’ll make a prediction myself, that being that in 50 years, Obamacare, if allowed to stand, will be more broke than social security and medicare is today.  In fact, I doubt it would last 10 years.

Along these same lines, here’s what President Obama said about raising the debt ceiling in 2006 as a Senator:

He said: “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.”

“Leadership failure.”  Yep.  “Reckless spending.”  Yep.  During his brief reign of two years, the debt ceiling has increased from 11 trillion to 14 trillion dollars, and now looming is his request for an addition increase.

Posted:  01.07.11

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