Title: Ryan: Debt crisis lies within spending, not taxes Source:
You Tube URL Source:http://www.youtube.com/watch?v=tsU6oeOChuM Published:Apr 18, 2011 Author:CBS News Online Post Date:2011-04-18 19:07:23 by CZ82 Keywords:None Views:75142 Comments:113
Schieffer interviews Paul Ryan, tries to back him into a corner and fails.... I can't embed the video (it's locked) so you will have to go to YouTube to view it.
Raising the debt limit is absolute insanity, given BOTH parties history of spending like there is no tomorrow....which if not stopped not might actually lead to 'no tomorrow' for the nation.
Democrats today sound like heroin addicts, screaming insane nonsense - Pelosi is yesterday's prime example - trying to rationalize the continuing practice of writing bad checks as if there are no consequences.
Couple refusing to do so to S&P's shit bomb yesterday and you would see a financial crash 100x's worse than 2008. You think that you were screaming like a bitch without a tit two years ago? This would be even worse.
The debt ceiling has to be raised. The US needs to pay its obigations. PERIOD.
The irony in this statement is the fact Geithner and company are claiming we have to do this to pay the INTEREST on what we owe, not the debt we are 'obligated to pay'.
Raising the debt ceiling is absolute insanity, doesn't matter which political party controls the House.
The irony in this statement is the fact Geithner and company are claiming we have to do this to pay the INTEREST on what we owe, not the debt we are 'obligated to pay'.
That is actually the insanity of it all.
How will we ever pay the debt if we have to print and borrow more just to pay the interest?
The insanity is the fact that the GOP is responsible for most of it and are now bitching about it.
We told them that you cannot cut taxes...we told them that you cannot spend money like a drunken sailor...every time a bill came up to authorize funds for the war, the GOP flipped out when the dems insisted that they pay for it....
It's the truth...most of the debt that we have we incurred under republicans...you walking away does not make that any less true...
I know it's true. The majority of our debt occurred under Republican administrations. That's not what makes me want to exit the conversation.
What makes me want to exit the conversation are these two simple facts; I am not a Republican and Congress controls the purse, not the president.
Reagan increased the debt +11.3% in his first term and +9.3% in his second, but it was with the aid of a Dem controlled House.
George H W Bush increased the debt +15.0% in one term, but with a Dem controlled House AND Senate.
We are in debt, not up to our asses, but far over our heads. Arguing that one party put us there is, again no offense, simply nonsense. R's and D's are equally to blame, but they certainly do benefit when we're arguing the merits of one over the other, like we're taking sides in a football game, while we all continue to go further into debt.